HomeMy WebLinkAbout2019 221848 ooRR~cr~vg ~o=ce ~ ~
TMIS INOENTURE. IN~d~ +n. 22nd d+y or . DecenbQr q_p, ~q 71
John Walter Hebb, Sr., and C~ne S. H~bb, his wife.
of St• ~'uCiQ County Florida: hereinaftK~deignsted ~s the "MORTGAGOR:' and FIRST FEDERAL SAVINGS AiVD IOAN
ASSOCIATION OF FORT PIER~E, • co.pwatio~ orqani:ed and ex~tting undN tM laws of ~h~ Un~ted Sut~s of Ameriu and havirq its principal piac~ of
bus~neu in ~I» City of Fat Pitrce, St. lucie County, Fbrida, hereinaftH desi9na~ed as 1M "MORIGAGEE."
W1IEREAS tM MORTGAGOR is juitly indebted to tM MORTGAGEE in the sum of s 30,3~• ~ , good and lawful money of the Un~ted
S+ates advanced by the MORTGAGEE un~o tl~e MORTGAGOR, as ev~denced by a ce~ta~n promiuory note oi even date herew~~h, of wh~ch the follow+ry in
~ordi and fi9ures is a trw copy, to-wit:
s30,300.00 ~ 4-17,768
fw1 Pierce, florida. ~C@l~e! 22' 19_ ~
Fa vaiue received, 1, we or e~ther of us, p.om~x to pay, wi~hout defatcaeion, to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of S 30 • 3~ with inierest irom date at the ~ate of 8~ ~ 9o pe? a~num, in monihly inatall-
~~enrs as iol'ows: S 2~•~ on the lst day of Februazy , ~9 72 and a like :um on the carespondinp day of each month there-
afrer until the whole be fu~iy pa~d.
Each installment first shall be applied in paymrnt of the interest and then on the unpa~d balance of the princ~pal sum. If d ault is msde in the
~a;ment of any instaltmenr when due, and such default cont~nues 30 days, ther~ at the option of the holde?, and without any other rsotice, all the remaining
~~stallments shail be d.ie and payabie at once. Priv~fege is given to prepay this ~ote ie whole o~ in part at any time without pe~+alty Neither forebear~~ce,
nor acceptance by the ho~dcr thereof aiter any default in any payments hereo~, shall be deemed extens~o~. A late paymcnt charge of S~~Q shall be
addrd to each instatlment remaini~g unpa~d 7 dayf after its due date, a-?d a like sum shall be added to each such instailment remaininy unpaid 7 dsys after
each tucceeding payment date.
Each makcr, :u~ety and endorscr hereof, jointly and sever~lty, wa~ves demand, presentment protest and notice of protest fw nonpayment, snd furthe?
agrees to any extension of time of payment, either before o~ after maturity, without noirce to any of us; and to pay all costs of coiiection, inciud~rg a
rejsonabk attorney's fee in the even? of any default hereunder, and hereby severally waives all benefit of homestead and exemption undrr the constituYan
and laws of each State of the United Ststes, as against this oblig~tion or any ezte~s~on or renewal hereof.
W~tness the hand ~nd seal of esch party.
S/ John Walter Hebb, Sr. ~~i~
(SEAU
S/ G~ne S. Hebb
csEwu
i~•smpr ernoehed ~ eAyRwhnew)
NOW, TNEREFORE, the MORTGAGOR fa the purpose of securing psyment of said sum of s~Q~.3QQ- AA ~nd the pt?forrinence of ths
covenants ~nd sgreeme~ts i+erei~afte~ expeued, snd for divers 9ood and valuable coruideratio~s, by these p~csents, does grant, bsryain, sell, remiu,
retease, convey snd confirm unfo the MORTGAGEE, its successors and iui9ns, all that ce~t~in bt, piete o~ parcel of land, situate, lyinp, and beirg in ths
County of $L. i.ueie and State of Florida, deuribed as follows:
The Bast ~ of the South ~ of the NB~ of the SB'~ of Section 13, ?ownship 35 South,
Range 39 B.ast ~ I.BSS the West 300 ~ feet of the South 320 feet and LgSS a2so the
South 270 feet of the Sast 362.38 feet,
; ~~~D S~ oX/ -
OUE Oy CUIS,; lNTAYtC18LE ~ER Oti
LTPOf TAYft '
RJ?ERrr, ~ ~
€ PilRSl1AM1 TO CIlAP?ER 72•13t~ ACiS Of 1971.
~ PoRRAS. CI~1t CSrp~~ ~
€ ~L St lucie Co. Fli
1
€
~
~ This mortgage is executed and delivered in lieu
~ of a aortgage of evQn date here+vith fro~ ~ort-
~ gagors to mortgagee which idadvertently dQSCribed
~ real property in an inexact aanner which arronQOUs
~ description is of recozd in O. R. Book 198, paqe
~ 1520, Public Records of St. Lucie County, Flozida;
~ and sortgagozs do covenant with aortgagee that the
~ propezty harein described is thQ Qxact land ir~tended
~ to be enc~bered by the prior soztgage. See Intan-
~ gible Personal Property ?ax Receipt No. 121564
~
~
~
~ rcgether with all ~nd sing~tar the tenements, hereditaments ~nd ~ppvrtances tt+ereunro belaginy or in ~nywise ~ppertainirg iher~to, and ~II r~nts, iuues.
~ proceeds and profin xaving and to acuue from taid prcmises, sll of which ~re included in tht above and fweyoirg d~stription and habendum•
i
i0 HAVE AND TO the sbove desc?ibed and yra~ted premises unto the said MORTGAGEE, ib succetsors and auipns foreve~. Md tF» sald ~
~ the~z
MORTGAGOR fw - heirs, executws, administratws and sssigns, hereby covenanb with tF~ uid MORTGAGEE, its succ~sson ~nd auipm.
that they d2e_ ~swfully se~zed of the wid prem~ses in fe~ simple; thst the ume ~re f~K, cka~ and dixMryed from sll liens and ~ncvm~ ~
- b~ances in faw a in equity, ac+d tfiat thQy will anei ~~~i! htits ths!! warrant sred defend the title w tht s+mt to tM Nid
- MORTGAGEE, its successor: and auigns, fwevsr apainss th~ lawful claims snd demands of all persons; ~
PROVIUED, AlWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promissory note hereinbefor~ dewibed and sMll trvly, promptly ~
an~ fully perfoam, dixhsrpe, execute, compkte, comply with and abide by each ~nd every the stipvlations, ~yreements, conditio~s snd oovtnanri of said i
~ promitfoty rate and of this Mortpaye, then this Mortyage and the Estate hereby ueated shall ce+s~ a~d be null ~nd wid. 1
IT IS UNOERSTOOD that the wwd "Mortqagor" wbether in th~ singulsr or plural anywFxr~ in this Mwty~ye, shall be sirgulu if on~ only ~nd
- shsll be plur~l jointly and severally if mort thsn one, and tMt the word "tFroir" as u~ed ~nywhere in this Mortya~e ihall b~ faken to rrwan "hu:• •'hen;•
::J; or "its;' wherever tfie conte:t w~mPlics o~ admits. Also, that wherever the~e N s reference i~ the covenants snd aQreements h~rein contained to ~ny of ~
' +he parties hereto, the same shall be c«urrued to mean ai well ~s the heirs, leyal rtpreseMatives, wuessors snd ~ttigra (either volunt~ry by xt of tM t
_ partiq w involuntary by operatia? of tFro law) of the same and that the covenants hereio contained shsll bind and the benefit~ ~nd ~dv~ntaya inun ~
ro the respective heirt, kg~l rspreienutives, :uccessas and au'gns of fhe parties hereto. !
And said Nlwtgagors, for themselves snd their heirt, legal repreuntativq, succeuors and usigns, hereby joiMfy and severally covenant ~nd ayr~e ;
~
fu and with the said MORTGAGEE, its succcssas and suigns:
1. To pay •II ~nd sirgular the principal and interest ~nd th~ wriouf and iundry wms of mon~y p+yable by virtue of said promiuory not~, and ttiis
mortyaye, each ~nd every, promptly on tFw days respectively ths s~me sewrally become due.
_ 2. To p+y ~II and iin~vl~r the tsxes, sssess~nent~, levies, liabilities, obli9ations and encumtx~nces of every natwe and kind raw on uid dtscrib~d
property, a that hereafte~ may b~ impo~ed, suffered, pl+ced, levied, a assessed thcreon, or that here~fter may be kvied w~ssessed upon tFds Motl¢
age. a the indebtedness secured hsreby. ~+ch and every, when due and payable. ~ccwdirg to Iaw, befwe thty becane delinqwm, and b~fot~ ~m Int~r~st
= at~aches or any penalty is incurred; AND INSOfAR AS ANY THEREOF 15 OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF
DECORD ANO THE ORIGtNAL OfFICUI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED ~
OR CERTIFIED) SMAII BE PIACED IN THE HANDS Of SAlD MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; •nd in the event that any thereof a nw
- paid, sat'sfied and dixharged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiviny or affectiny any option, lie~, equify or ~
•~aht under a by virrue of this mortg~ye and the full smounl of each and every such payment shall be immediately dve ~nd p~ysble +nd shall b~ar inttrest
i ~rorr~ the date thereof until paid •t rate oF n~ne per tentum per •nnum and topether wAh suth iMerest shall be secured by Ihe lien of th:s mwytsye.
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