HomeMy WebLinkAbout1524 2~i~95 ~
THIS INDENTURE. Mad~ the '2~h day of ~CA~1~I' Ap 19 7~ ~tw~
_ Philip Pearl and Blanche Fearl, his rrlfe ;
of St• ~+l1Ci@ County Florida, herQ~nafta defgnated as the "MORTGAGOR," and FIRST FEDfRAI $AVINGS AND 104N ~
AS$(xtATlON OF FOR1 PlERtE, a cwpaat~on orpenized and ex~~ting under tM laws of the U~~ted Su~ts of America and havinp its p~incipai place of
bu~ine~s i~ the City of fort P;KCe, St. lucie County, Flotlda, he~ainaff~r desi~~~ted as Iht "AAORTGAGEE: '
WNEREAS the MORTGAGOR is ju~tly indebted to ths MORTGAGEE in the sum o( S 2~~~0'~ good a~d (awiut moncy of the Un:ted '
S+ares advanc~d by the MORTGAGEE unro rhe MORtGAGOR, as evidented by a certa~n promiuory note of even dare here.r~~6, of wh~ch the ioiEowing in ;
u ~ordi and h ures is a true copy, to-wit: ~
s 24,00~.00 3-t7 ~58 ,
Fort Pierce. Ftaida. ~eember 2~ 19 ~
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Fw value ~eceived, 1, we w either of us, prom~se to pay, without deialca~:on, to the order of FIRST fEDERAI SAVlN S AND LOAN ASSOCIATION OF ~
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\ FORT PIERCE at Fwf P~erce, Florida, the sum of s 24~d~•~ • ~,~.;~F~ ~nrere ? from date af tAe rate of 7'? per an~um, in monthty insta~l- j
~~a~~rs as fot?ows: S_~~_ on the ~ st dsy oi April 19 7~ and a li4e sum oo the co+respood:ng day of each momh there-
at+er until the who!e be fufly paia.
~ Each insrallment lirat shall be appl~ed i~ paym~nt of ths interest and ~hen on tAe unpa~d balance of the pcirx~~:al sum. If d ault ~s made in tM
F.~yment of any insra!tmem when dve, and such defauit cont+nuei 3p days, then at the option of the holder, and without any o~hcr notrce, all 1he remaining i:
; ~~~siallments shatl be due and payabie at once. Privilege is given to prepay this note in whole or in part af any t~me without pcnalty. Neither faebearance, ~
~ ~ ~
nor acceptante by the holde~ thereof after any defauit in any payments hereon, siwll be deemed ertrns~on. A late payment charg~ of S-L!L-_, ahall be ~
~ ~±~ed to each insral(mem rema~ning unpa~d 7 days after iri due da?e, and a like sum shatl be addc*d to each such inslaiiment remaining unpaid 7 days after
` each ~ucceeding paYment date. ~
, Each make~, surety and endorser hereof, jointly and severally, avaives demand, presrntmenr protest and notice of protest for nonpayment, and further
a3reea to sny extensio~ of time of paymenl, either before or afte~ maturify, without nonce to ani of us; and to pay all costs of collection, includ:rg • i
r~~~sonable atto~ney's fee ~n ehe event oF any default Fxreunder, and hereby seve~ally wa~ves all benef~t of hcmesread and exemptio~ under the constitution
~•~d faws of each State of ~he United 5tatrs, as aga~nst this obGgation p any exte~sion or renewal hereof.
Witness the hand and ieal of each part~.
s/ Philip Pearl
(SEAL)
s Blanche Pearl ~Au
~i~
~ cs~?u
" i_ $36 ) Stste Revenue
tSremprc~nteMed'vn'tssg~erer~rmel'
- ~ t+IOW, TNERfFORE, the MORTGAGOR for the purpox of secu~ing payment of sscd sum of S 24~~~•~ ~ snd the performance of the
covenants snd agreements hereinafter expressed, an~ for divers yood and vatvabte considerot~o~s, by these presems, dxa grant, baryain, aell, rem3se,
r~leasc, convey and confirm unto the MORTGAGEE, its succeuors ~nd assiqns, alI that ce•tain lot, piete a p~rcel ot land, situate, lying, and bein9 in the
County of St. ~,l1Cie snd State oE Florida, dewibed ~s fo:lows:
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Lot 6, B~ock 25, RN'.,R PA~, liN1i~ ivu. j, as ~g p~a~ ~;~rao.° on _°i?s ;n F'la±
Book 10, Page 80, of the Public Records of ~t. lucie County, Florida
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REC£IVED IN PAVMENT OF TI1~
DllE ON C[A~.S 'C (NTANGIBIE PERSOPIAI pgpp~~
PURSUANT TO CFIApTER 2p724. AC)S pF 1911.
w ~ i l~ C`- t= L U S-2 i U 1~ ROGER POITftA$, Clerk Grcuit Court
~ i;ccut~~~_~~_r..~~~._ ~ r:,:•~a Y~ x
~ z - _ .
~ - J6N-4'72 ; ~ ~ ^ t
w c°~ = s ».~=:3 6 0 0~ st lucie cou;.tp
N b!?(.Qi RE:F~i1i ifi~"'./ _
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P.M.~~u?~x - BY ~ ~a~ ~~+~l~L ;
` DEPUiY CIEtU(
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rogeth~r with all ~nd iingulsr the tenements, hereditamenb ~nd ~ppurtances therev~to belonging w in anywif~ ~ppertaining thereto, ~nd ~(I renb, issues,
p~oceeds and profits accruing and to accrue from said premises, aN of which are included in tht abov~ ~nd foregoiny description ~nd Mbendum.
TO HAVf AND TO HOtD ths above deuribed and 9?anted prem~ses unto th~ said N10RTGAGEE, its succeswrs ~nd auiyns fortvtr. Md tF» safd
+WORTGAGOR for - t'h8
ir heirs, ezecutws, ~dministr~tas and ass~gns, FKreby covena~b with the s~id MORTGAGEE, iri succeswrs ~nd ssii~ns,
rhat ~e~ a~ Iswfully u~zcd of the said prcm~s~s in fee simple; that tF~e same ue free, cku and dixhar9ed ~ran all li~ns and ~ncwr~
br~nces in Isw w in eqvity, and thst thep w~ll and their heirs sh~ll warrant ~nd defend ~he title ro tM sarr» to the said
MORTGAGEE, its tuccessws a~d auigns, foreve? ~gainst the lawful claims and demands of ali persons;
PROVIDED, AIWAYS that if the N~ORTGAGOR sMlt psy vmo the MORTGAGEf the promiuory rate he~einbefae dexribed +nd iMll huly, promptly
and fully perform, diuFurge, execute, complete, comply with ~nd ab+de by each and tve?y rhe stipulations, s9reemenfi, conditam and covsnann of said
promissory rate +nd of this Mwt9sse, then this Mortgage and ?ht Estate hereby ueated shall ceas~ ~nd be null ar?d vo~d.
IT IS UNDERSTOOD that the wwd "Mwtyapw° whether in tF» singulu a piurat anywhsre in this Morrga9e, thal! b~ sinyula~ if one only ~nd
shall bs pl~r~l joinfly and wverally if mw~ tMn o~s, and that the wwd "their" as used anywher~ in this Mortyage aMll be taken to meao "his:• ••hen:'
w"its;' wFxrever Ihe conte~ct so impties or admits. Also, that wherever there is a~eferenc~ in the covcn~nts and egreerrKnq her~in co~tair+~d to ~ny of
rhe pufies he~eto. ~he ume thaN be construed ro mean a~ well ai t}~e heirs. Iegal r~presentatire~, succeuws and auigns (either wluntsry by ~ct of th~
pa.ties w invol~ntary by operat;on of the law) of the same and tAat the covenants FKrein contained shall bind •nd ~he beneftn a~d advant~es ~nur~
to the respettiv~ heirs, legal ~epresentatives, sutceswn and su~gns of tM panies herelo.
And said Mwtyeyws, fw themsetves and their heir~, leyal representarive~, successors and ~ss;9ns, hereby +ointly snd fQVNaIIy CO~IlMf11 iM~ i91!!
ro and with the said MORTGAGEE, its successors and sssigna:
1. To pay ~II and iirgulsr the p.lncipal ~nd intaeit ~nd the various ~nd sundry sums of money payable by virtue of said prom~ssory note, ~nd this
mort9aQe, ~ach snd every, promptly on tht days respective(y tF~ tame stv~raUy becorn~ due.
2. To pay •tt and •ingular th~ taa~s, ufessmenb, levie~, liabilirip, pWiy:tions and encumbsar+tes of every natur: and kind now on sa;c! d~scribed
prc~perty, w that here+fter may be imposed, suffered, plKC~+, levied, w a~sessed thereon, a tMt here~fter msy be lev~ed w ~sseased ~pon this Mart¢
+ge, or 1M ir?debtedness secured Ixreby, esch and ev~ry, whe~ due and payable, ~ccwdinq to law, ixfae thcy bKOme delinquent, and befor~ ~ny inttrqt y
artache~ or any pena)ty is incuned; AND INSOFAR AS ANY THEREOf IS OF RKORO TME SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGEO OF ~
RECORD AND THE ORIGINAI OFFICIAI OOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATI$FACTION PAPER QfFIC1AllY ENDORSED ~
OR CERTIf1Ea) SHAtI 8E PIACED IN THE HANDS OF S~i1D MORTGAGEE WITHIM TfN DAYS NEXi AFIER VAYMENT; ~nd in the event that any Ihe~eof is not
pa~d, sat sfied and diicharged sa:d MORTGAGEE m~y at a~y tlme paY the s+me w anY parl ihereo{ wiihout wsivi~g or affechry rny option, lie~, equity w
•+qhr under w by virt~e of this mo~egige •nd the fvll amo„nt of each and every svch payment shall be immedisreiy dve and payable ar+d shall bear interest
~•om ~he date the~cof unti! pa;d •r rsre o~ n~ne per centum per annum ~nd togethe~ ~~iyF~res~r ~ s u ed by the lien of th:s mwyta9e.
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