HomeMy WebLinkAbout2071 221885 ~
THIS INDENTURE, IIA~d~ the ~~h d+y of J~U~iBT~ A.D. 19 72 between
Earl S~ene Perrell and Roberta t3. Perrell, his xife _
of I~ncie ~p~nry fiorida, M?a~n+ftsr'designurod ~s the "MORTGAGOR," •r~ iIRST FEOERAI SAVINGS AND IOAN
ASS0~1/1TION OF FORT PIERCE, a corporation orp~nised +nd existinp under tM I~ws of the U~ited c+a~~s of Americ~ ~nd h~vin~ its principal plac~ of
buuness in tM City of Fort Paru, St. Lucia Counry, Fbrid~, he?e~n+ha dtsipnaud u tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly inclebted fo ths MORTGAGEE in the wm of = ~ 8•~~•~ good snd lawful money of the United
States advanced by the MORTGAGEE u~W the MORTGAGOR, ss e~~denced by a cenaln p?omiuory note of even d~te Aerewith, of wh;ch the foilowinq in
Wo~a,18,0~0 pp. ~oPY. ~aW~?:
~ 3-17, 806
P~«.. F,a;d,. Januarl 10 i9_32
For vaiue receivcd, I, we w either of us, p~om~se to pay, wi~hout de+alcation, to the order of FIRST FEUERAL S4VtNGS AND tOAN ASSOCIATION OF
FORT PIERCE a~ Fort Pierce, Florida, the sum of = ~ g~0~~~ wlth ineere:t from date at ~he ?ate of pK annum, in nwrt?~1y ~T+s~a~6
ments as follovrs: i ~~8• ~ on the ~ St' d~Y ef , 19 72 and a like sum on the carespond~rg day of each month thsre-
a6?er until the whole be fully paid.
EscA insrallment first shall be applied in payment of the interest and then on the unpaid balsnce of the prinup~l sum_ If d wlt ti rnad~ ln iha
payment of any instatlment when due, and wch defautt continues 30 days, the~ at tF~e opt~on of the holder, and without any other notix, all the re~na~ning
~nstallments shait be due and payable at once. Privilefle is given to prepay this ~ote in whole w in part at sny t~mc without pen+lty. Nelther fweb~ar~rxe,
nw acceptance by the holder thereof after any default in any payments hereon, a4ia11 be dcemed extens~on. A late payment ch~rge of S T!~40 shal) be
added to each installme~t remainirig unpaid 7 days after ib due date, a~d • Iike sum shall be added to each such installment remsinirg unpsid 7 days afte?
each succeedirg payment date.
Each maker, surety and endorser I+ereof, jointly and uverally, waives demand, presemment p?otest and notice of p~otest fw nonpayment, ~nd furths~
agrees to sny extension of time of payment, e~ther before w afte~ maturity, without notKe to any of us; end to Fay all costs of mliection, includirg a
reasonabie attorney's fee in the event af any default hereunde~, and hereby severally waives sll bcnefit of homestead snd exemption under t~ie constitution
and laws of each Sfate of the United States, as agains+ this ob!igstion or any e:tension or renewal hereof.
Witness the hand and seal of esch party.
3~ ~s8i'1 S~eAA Pel're1.1 ~Aq
(s~?U
s Roberta a. Perrell ~
ts~w
~ • ~ ' ~ sTa~ a~~?~
t
NOW, tHEREFORE, the MORTGAGOR fw the pu.pose of securing payment of said sum of S ~ 8~ ~ ~nd the pe?formance of th~
covenann and +9reemenb hereinafter expreued, and for d~vers good u+d valwble considerations, by these p~esents, does qr~nt, barpsin, setl, remise,
release, convey and confirm unto the MORTGAGEE, its succeuors and auigns, •11 thai certain bt, piete w partel of lu~d, situate, lyirg, and beiny tn the
~ounfy a{ Str. ~+11C~@ and Sute of Fbrids, described as followi:
Lot 22, Block 68, ~UOD PARa, UI~RT 6, as per plat thereof
on _*ile in Plat Book 11, Psge 7, Pnblic Records of St. Iucie
f County, Florida ~
~
r s~~R1UaX
~ r DS
~~TA ~1
1 i
Z : ° ~r~~2 ~ ~ ~ i
~ ~ -
O : •x
1- U pf?I.Of RE'filaL •.~I_~
N pg,NOl~t = ~~{tl PAYMfJI? Of iA~
RFCEfVED ~
DUE ON CUISS 'C ~~t~:•~alf PERSO;LAi PFOPEiiT(.
pUR$UADIt i0 C'r4APTER 71-13~, 1w~S 4f 1912.
-1~ ,r,~tc;f C.uR. ~t- Luue Cc- f1~-
RpC,ER PUSTRAS, ~C ~
v"" ;
together with ~II ard singular the tenerne~ts, he~editsments snd appurta++ces therevMO belongirg w in anywis~ appertainirg ti~ertfo. ~r+d ~I) r~nri, iuu~s,
~ proceeds .~,d p.of~n scauing snd to acaue from s~id premises, all of which ~re included in tfie above arid forparg dtacripRion u~d habendum-
TO HAVE AND TO HOLD thc ~bove described and 9nnted premisa uMo the ~aid MORTGAGEE, in succes~ws and assg~r to?twr• Md th~ i+ld
~ MORTG/lC~ORyf ~ir heirs, executors, ~dministraton and suigro, hereby torenants with the s+id MORTGAG£f, ifs a+ccessors ~nd +uipro.
~~t Ll16 lawfully seized of tt+e ssid premises in fee simple: that the wme aro free, cl~sr ~+d disch~rp~d from ~II 1'~ent and ann~n?
~
~ br~ntts in law or in equity, and that
~99 will and their heirs shall wuraM u+d deftnd th~ title fo the sarne to tM said
MORTGAGEE, in succeuors and ~saiyro, forever ~y~irot the I~wful daims ~nd demsnds of ~U perwns;
~
- PROVIDED, ALWAYS that if the N10RTGAGOR shall p~y unto the MORTGAfsEE the prort+iasory note hareinbefwe described a+d sh~ll truiy, promptly
and fully perfo.m, dixh+roe. eaecvte, complete. comply with ~nd abide by esch ~nd every the st~pulations, ~preemerns, conditioro u~d tovsn~Mt of s~id
: Prom~s~ory ~ote and of thn Mortgape, tiien this Nbrtpa9e and the Estate hereby a~ated ~hsll c~ase and be null ud vaid.
11 IS UNDERSTOO~ th~t the word "Morty+pw" whether iR 1Me sir~qular a plural anywMrt 'u~ this Mwsy~pe, shdl bt airgular if on~ only a~d
shall be plural jointly and seve?~Ily if more than one. ~nd that the wwd 'YF+e'v" as used ~nywF+ere in this Mortpspe sh~ll be t~ken ro mean '~his." "FKn,"
w"in;' whe~ever tlx context w implies or admits. Alao, that wherever there is • referenot in the coven+na ~nd ~Qreemenri harein oontained to any of
" the parties hereto, the same sh~ll be corotrued ~o mean +s well as the hein. Ipal r~presem~tives, successon and u~ipro (either wluntary by ~et of tF+~
parfiei w i~voluntuy by opera~ion of th~ law) of the same and that the coven+ms herein contained shalt bind ~rd the benefits ~ed ~dvx~tape~ irwxe
ro the resp~ctive he~rs, Ip+l represemativa: successws snd ass°yro of the psrties hereto.
" qnd said Nlortgsspn, fa themselves ~nd thei~ heirs, kyal representatives, avcceaso~s ~nd assiyro, hereby joimly and s~wrally town~m a~d apne
to snd with the said MORTGAGEE, its sucussors and auiyro: ~
i. To pay all ~nd sinpula? tF+e principd uid inte.est a~d the various and wndry svms of mone~ p~Y~bls by virtw of s+id promissory note, and tFus
•~-r"'~-'_ mortya~e, e+ch snd every, promptfy o~ the d~ys respettively th~ same sewratly become due.
= 2. To psy all u~d singul~r tke t~xes, suessments, kvies, li~bilir~es, obliy+f'wm and encumbrances of every n~tv?~ ~nd kind now on said deacrib~d
property, w that he.e~her may be imposed, svffaed. P~aced, kvied, a aaes~ed thsr~on, w ttwt hersafter may be kvied or assessed vpon this Mwt~ ~
~ eye, w tiK irdebtedrxss s~cur~d hereby. ~uh ud ew?Y, when dve and p~yabk, accadinp w law, beforo they become delirpwM, and b~foh uryr Y1su~s~ j
attaches or ~ny penalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKOR~ TME SAME SHAII dE PRON1PTlY SATISFIEO AND DISCNARGED Of `
~ RKORO AND THE ORIGINAI OfFICUt DOCUMENT (SUCM AS, FOR INSTANCF, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSE~
OR CERTIFtED) SMAII BE PLACED IN THE HANDS OF SAIp NIORTGAGEE WITHtN TEN DAYS NEX1 AFTER YAYMENT; u~d in the even. that a~y ihereof u ra1 i
pa~d, sat'sfied and d~xhsrged sa:d MORTGAGEE may at any time pay the same o~ ~ny part the~eof without w+iviny or affectinp any optia+, lien, equity a
- •~aht under o~ by virtue of this mortgsge ~nd the fvlt amount of each and every such p~yment shall be immediately due and pay~bk ~nd sMll b~a inte~est
~rom the date thereof until paid at r~te o~ n~ne ptr centum per snnum and to9etha w~th svth in s ur~d I' of th:s ~not~tpe.
i~~~~~rv~V
^=;z .
- . , :=m