HomeMy WebLinkAbout1522 2' 1~19~ ie
22nd Dec~mber 71
THIS lNDENTURE. Mad~ t!~e day of A.O. 19~~ berwee~
John :•~lter Hebb, Sr. an3 Gene S. Hebb~ his uri °e
of Lueie Cp~nry fiwida, heroinafte~ dcsgna~ed as the `N{ORTG/IGpR," and fiQSi FEDERA! SAVtNGS A!rD IQAN ~
ASS(x1AT1pN OF FORi PIfRCE, a co?pwa?lon wg~nued and ex~snng under the laws of the Un~eed S~ai~s of Amer~ca and having its prinupal place of
busineii in tM Ciry of fort P;trce, St. luci~ County, flwida, hereinaher des~natar as tf» "MORTGAGEE."
WHEREAS the MORTGAGOR is j~atly indebted ro the MORTGAGEE in tM sum of 5~~~ 30~• ~ good and tawfui maney of thr Un;ted
Srares advanced by tht AdORTGAGEE unro the A{ORiGAGOR, as rvidented by a certam prom~ssory nore of even date herewdh, of wh.ch the foitowin9 in
v.o~ds and fi ures it a trus copy, towit: ~-t 7,769
=3~, 3eo.~ci
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o;~,~._ Fid;d,. December 22 19 71 ~
Fo~ value received, I, we w either of us, p~om~u to pay, without defa?ca!~on, ~o the order of fiR51 FcDERAt SAVlNGS AtvD IOAN ASSpC1AT10N OF
FORT PIERCE at Fort P~e1r.ce, Florids, the sum o/ =_3vs3~.~ W,rh ;nteresr fiom date ar tne ~ate oi A•~~ per ann,;.~, :n r.tOr,tF.'.y i^ata!!-
-~ents as fo1'ows: S-2~u on the ~ st' day of xebruary ~9_~ and a like sum on the corrcspo~d~ng day of eacA month there- ~
~"zr until the whole bt fuily paid.
Each installment first shall be applied ;n payment of the inrercst and then on the unpa~d ba~ance of ihe pr~n~ pal sum. If d a~~it is mada in the
~ a;mertt of any insrailment when due, and s~ch default conr~nues 3Q daya, then at ~he opt;~n of the hoider, and w~thou~ any other not~ce, atl the remain~ng
:~~srallmenta shail be due and payab:e at o~ce. Privilege ia g~ven to prepay this note in whols or in part at any t~me without penaity. Neithw fwebeararxe,
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nor acceptance by the holder thereof after any default in any payments hereon, =hall be deemed extrns~on. A late payment charge of ~i~-1SC-, shall be
=dded to each i~atal{ment remain~ng unpa;d 7 days after its du~ date, and a f~ke sum shall be addrd ta each such ;nsraiiment rema~ning vnpaid 7 days ahe~
each tutceeding payment date.
Each maker, surety and endorur hereof, jo~ntly and severally, wa~ves demand, presentment protest and notice of protrst fw r.onpayr.~ent, artd further
agrees to any eXtension of hme of paymrm, either before w aher matunty, wi~hout nonce to any of us; and ro pay a!1 custs oF coliection, inctud~ny a
~~°asonable atrorney's fee in thr event of any default hereunder, and hereby sevcrally walves atl 6e~efit of horneareed and exemption under the conatitution
s~~d laws of each Stare of the Unired Stares, as aga~nst fhis obGgation or any ezrens~on or renew~I hereof,
Witness the hand and sea~ of cach party.
s/ John ~7alter Hebb, ~r. ~Ai~
(SEAI)
s/ Gene S. Flebb
~ State Revenue
;Sramps unceiled on original note)
NOW, THfREFORE, the MOR7GAGOR for tFro purpose ot securing payment of sa~d aum of S 3~~3~'~ and the perfermarxe of the
c~venants ~nd agreements hereinafter expresscd, u+d fw diven good and wluable cons~derat~ons, by these presents, does g~ant, barga+n, selt, rem~x,
+e~ease, convey and confirm unto tFx MORTGAGEE, its successors and assign~, aU that ce.tairt lot, piece w parcel of Isnd, s~tuate, lying, and kaeing in the
Covny of ~t. Lucie and Sfate of Fbrids, described ~s follows: '
The ^ast ~ of the South ~ of the N~ o~' the S~ of Section 1?, Toumship 35
;
~ South, Ranoe 39 ~ast, less the 6i~est 30C~ feet of the South 329 feet ar.d less
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j also the South 27~? °eet of the ~ast j60 seet
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RECE1VEb i~ f~ IN PAYMENT pF Tlll~
Pt1RSWNT TO CHAPTER 20724, ACTS~pF lg~~~
. ROGER POITR4S, Clerk Circuit Conrt
W S i~: i~ ~ c~ i~ t a , . .
~ UQ.~'.'.:a~:.~~~~~~i"`~ j•~~ir j
U - _ ..,;a, St LUCie CoU:.ty -
- ~ ~ = Jdlr-4'72 3. ~ ~ ai ~ ~ ~ / _
O = 't• •:~i~' 1 = ~ ' 7 G
. h- C> - is ~ _
N DE7t.Cf :EeF'.~_!.' 3:,~ ~ _
P.6. ~sot, = n~~un aFwc
j ~ogether with all and singular the tenemcnri, hereditamMb and appurtarues thereunto belonging or in anywise ~ppertsining thereto, and ~I( r~ntf, iuves,
p.oceeds and profits accruing snd to accrue irom sa~d prem~ses, alt oF which are included in the above ~nd fwsgoing de~cription ~nd habendum.
TO HAVE AND i0 ~Q
l0 tl~e above described and yranted prsmisea unto the ssid MORTGAGfE, its successors e~d assigns forever. Md tM said
h!ORTG R ~o, _ the1T' ~~~s, execurors, administratws and auigns, hereby covenants with the said MORTGAGEE, its wccessors ~nd ~ssiyro,
rhal -~~eV aTe-- lawfully ieized of the wid premises in fee simpte; tAat tht ssm~ ue fr~e, clear snd diuharged from ~II liens u~d ~nc~
brances in law w in equity, and that they M~~~ their he;rs shall warrant snd defend tha title ro the sarn~ to tM said
MORTGAGEE, its succeuors and iuiqns, forever against the fawful claims and demsnds of all perwns;
PROVIDED, ALWAYS tMt if the MORTCaAGOR shall pay unro tht MQRTGAGff ths promissory rqtt Mreinbefwa d~stribed and aMll truly, psomptly
and fully perform, diuMrge, execute, compkte, comply wi~h ~nd ab~de by esch a~d every the stipulat~ons, agreements, conditions and covenanh of said
promissory note and of this Mortgage, then this Mortgage and the Estate fiereby ueated ihall ceas~ and be nutl ~nd- void.
IT IS UNDERSTOOD that the wwd "Matgayor" whethei in tfie singular a plur~l snywhe~t i~ th7s Mortgape, shalt b~ iingvlar if one only and
~hall be plural 'pintly and ~ever~lly if more than o~e, and that the word "their" as used snywhere in this Mortgaye shall be taken to mea~ "his:• •.hen••
w"its;' wherere~ ths contexl w implies or admits. Also, that wherever there is a reference in the covenan» and ayrecmenb hereirt comained to ~ny oI
the pa.ties hereto, the same thall be consrrued to meart as wefl ss the Aein, legal r~presentitives, successws and augns (eether voiuntary by ~ct of tM
parties w involuntary by operata~ of the law) oi the same ~nd that the covena~n herein contained shall bind and the benefih +nd sdvanta~es inun
ro the respective heir~, leyal representatives, successon and su'gna of tM psrties hereto.
And said Mortgayrors, for themselves snd their heirs, lesal representarives, successon and assigns. ?ursby joinfly and severally covcnant and ayree
ro ~nd with the said MORTGAGEE, in svccessws and ~asigns:
1. To pay all and sinpular the p~incipal and interest and the various •nd sundry wms of money payable by virtue of said prom~ssory note, and this
mortysgs, esch and every, promQtly on the days rtspectrvsly tF~e ssme sev~ralty become due.
2. To p~y att ~nd singul~r tl+e taxes, assetsmenn, tevies, Ii~biliries, oW~gatio~s and encumbr~nces of every natur~ and kind raw on said described
Pfope~tY, w th~t here+tter may bt ~mposed, tuffered. pl~ced, levied, o~ ~as~ssed thereon, or tMt hereafte~ may be levied or assessed ~pon this Nbrt~
aye, a th~ indebtedneu secured F~ereby. ~~cA and ere~y, when due and psyabl~. ~ccwdi~y to law. be/or~ they becomt deJinqveat, ~nd bafore ar?y intsre~~
arraches or any pertalty i~ incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO TME SAME SHAtL 8E PROMPTIY $ATISFIED A~1D DISCHARGED OF
RECORO AND THE ORIGINAI OFFICIAL DOCUMENT (SU~H AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAT15fA~TION PAPER OFFICIAIIY ENOORSfD
OR CERTIf1E0) SHAIt BE PLACED IN THE HANOS Of $AID MORTGAGEE WITFi1N TfN DAYS NFXT AFTER VAYMFNT; and in the event that any thHepf is not
pa~d, sa~ sfied and dischs~ged sa d MORTGAGEE may at ~ny t~me pay the sanx or any part thereof witho~f waiving w•ffecring any opt;on, lie~, equ;ty o~
•~aht under w by vi~tue of this mortgage and the full amount ot each and every tuch payment shalt be immedutely due and payable and shall lxar inrerest
~rom the date thereof until ;u,d s! r~re of n;ne per cem~m per annum ~nd toge!he. wy[h ~~.c i ter st shall sec~~ed b~ rhe hen o~ th s morytaqe.
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