HomeMy WebLinkAbout2590 ~
THIS INDENTURE. Made the 13th d+y of Janua,ry A.~. ~9 72 betv„een
Claude H. Combs and L.ouiae L. Combs, his wife
of St. L.UC~@ , County Flwida, here~nafter desg~e~ed as the "MORTGAGOR."' and FIRST FEDERAL SAVINGS AND IOAN '
ASSOCIATION Of FORT P~ERCE, a co~pwat~on ugan~zed and ex~s~~ng undrr the lawt of ~he Un~ted Stetos of America snd havirq iti principal pi~ce of ~
bus~ness in tM Ciy of Fo~t Pierce. St. lucie County, fiuid~, he~einafter des~ynated as ths "MOR1GA~iEE:'
WHEREAS the MORiGAGOR is justly indebted to the MORTGAGEE in the sum of S 19~6~.Q~ , good and lawful money of the Un:~ed
States adaanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certam prom~iswy nose of e:en date herewhh, of wh:ch tne foliow~ny in
+:ords and f~gures is a trw copy, to-wi?:
s-1Q?.b~.QO r~ ~-17~$23
fwt Picrta. Flaida. J~n~rY 13 19~~ t
1
Fw value received. 1, we or eiMer of ~s, p~om~se to pay, wnhout dafaicahon, to the order oi ~iK~T i~U~~tAt ~VitvGS AtvO IOAN A`,5
:C:::::::~ .'3~
FORT PIERCE at Fort Pierce, Flo~ida, the sum oi = 19.6QQ~Q w~th interest (rom date at the ?ate of ~~o per annum, in monthly instat:-
^:enis as fol'.ows: S 148l~ on the l~_ day of ~y 19_~~ and a like sum on the correspond~ng day of each monih there-
e!ic~ until the whole be fully paid.
Each instatlment first shall be app~~ed in payment of the interest and then on the unpa~d `ua~ance of the princ pa! sum. 14 d ault is made in the ?
y~aymeM of any installment when d~e, and wth default cont~nues 30 days, then at the option of the ho~der, and wirhout any other notice, all the remain:ng
~~statlments shail be d~e and payab:e ar once. Priv~lege is g+ven to prepay this note in whote w in part aY any t~me wi~hout penalty. Neifher forebearar.ce,
nor acceprance by the l:atder thereof aher any default in any payments hereon, shall be deemed ex~ens~on. A late payment charge of shafl be
~d:ird to eath ins~allmeN remaining unpa~d 7 days a41~r ita due dale, end s Iike sum Shall kx added to eath su.h instal(mr :1 remaining unpaitl 7 d~ys after
esch succeeei~ng payment date.
Each maker, surery and endorser hereof, jo~nt:y and severally, wa~ves demand, p~esenrment praes~ and notice of protett fo~ nonpayment, and further
agrees to any extensron of t~me of payment, eithe~ ts.:fore or a(~er m_~writy, witho~t nonce to any of us; and ro pay all coats of colleuion, includ~ng a
r.•,sonable attomey's fee in ihe event oF any drfauft hereundrr, and heroby severatly vva~ves all benef~t of homestead and exempi~on under the conatitutioo
,~d laws of tach Srate of the United $tates, as against thi~ obligation or any extens~on o~ rene~val hereof.
W+!ness the hand and ~eal of each parfy_
S~ CYoud@ H• COI~S ($EAl)
~ (SEAL)
s Louise L.. Combs (SEAI)
cs~?u
_ 29 ~ ~ ~ Sta~e Revenue
J+lm~ t1lRRMld aR ~ OAgRPJh'eIOR)
NOW, 1HEREFORE, the MORTGAGOR for the purpose of iecuring payment of said sum of = 19,600•~ and the pe~formance oi the
covenants and agreement~ hereinafter expressed. and ior d~vers 9ood and va~uable considerat~ons, by these prese~ta, dxs grant, bargain, sell. rem~se,
re:ease, convey and confirm unto the MORTGAGEE, its fucceswrs and assigns, all that certain lot, piece or psrcrl of land, sit~ate, lying, and being in the
Counry of $t. Lueie and Stete of Fbrida, dexribed ~i follows:
The east 90 feet of the west 180 feet of the follo~ving described parcel :
Kegin at the Southeast corner of Lot 69~ of hWRwVII.LA according to a
plat thereof recox~ded in Plat Book 7, page 31, of the Public Records
; of St. Lucie County, Florida and thence run 111.9 feet to the North~ast
corner of Lot 69~ thence run West 313.2 feet along the north line of
said I.ot 69 to a point~ thence run South 100 feQt to the south l.in~ of
E said Lot 69, thence run East to the point of beginning~1 i
5
t
5
~
L
9
; W STAft~FFLORIUA
' t~ ~ DOCUMENTAQ~R STA~IP TA X c~
~ ~ = JW 1T72 ~ ~ 4- _ RFCf~YED 1 ~ ~ ?AY .~E,~i, Ci j!I~:ES
~ 0 Z A 4 O= OSIE ON ~lA4S'C FNTAtiGiBtE Pf~S..l~~1 i~_=:
~s r v = . -;i 7 _ r.
. N tlE/i_OF REYItr[ ' ' ~1aSl1iAN1 TO C~tiAOIER 7D~I.i•t. J4.15 .~i i
s p~.190112 = ROCEF F'OiTi,A,i. C/~r~ C'r:urt C..~ut( ~L ~c G~ Fla
~
3
~
,-a
K~
~ fogether with all •nd singular the tenemcnts, hereditameMs and spp~rtances thereunto belonying or i~ anywise appertsininp thereto, and +11 r~nb, iuues, ~
p~oceeds and profits accruing and to accrue from said p?em~us. all of which are included in the sbovt and fore9oirg tkscription and hab~r+dum.
TO HAVE AND IQQN44Q the sbove deu~ibed and gr~nted promises unto the said MORTGAGEE, it~ s~ccessors +nd auigns fortvtr. Md th~ s~id _
- tn ir
!~ORTGAGOR iw he~rs, execu~ws, sdministratws snd assigns, hereby covenanq with the iaid MORTGAGEE, its succeswrs and asaiyro,
s~ ~har -~X~Z~-- bwfully seized of the uid prem1ses in fee simple; tlut the same +re free, dcar and dixharged ~rom •11 liens ~nd Mtvrtf
';`i brances in law or in equity, and thst th°}~._ w;1i +nd tt1@IL heirs shall warrant •nd defertd tM titt~ to thi sarrk to the said
MORTGAGEE, iti successws a~d auigns, fwever afl+inst tF~e lawtul daimi •nd demands of e!! ~es^^~;
PROVIDED, AlWAYS fMt if the MORTGAGOR sMll p~y unto t(x MORTGAGEE fhe promisswy note hereinbefue described a~+d thall frvly, promptly
''3 and fully perio~m, d~scharge, execute, complete, comply with and ab~de by each and every fhe stipulations, agreemcnts, conditioru and covenaab of s~id
p~omissory note +nd of thii Mortyage, then this M«ty~ye and the Estate hereby vea?ed shall cease and be nult and wid.
`_s IT IS UNOERSTOOD th~t the word "Matysga" whether in the s~~+guiar w plural anywhere in this Mortgaye, tMll bt sinpular ii on~ only and
shall be plursl join~ly ~nd severally if mort th~n one, and tMt the wad "their" as used anywh~re io this Mor~gape sh~ll be taken to mean "hii:• •.hen.•.
or "its," wherever the conlexl w implies or sdmit~. Also, that wherever there is s reference in the tovenantt snd agreemer.ts herein contained to any of
~5 _~fhc parties hereto, the ume sMll be construed to me~n as well +s the lieirs, leyal ~tpresenta~ive~, successors and ~iii9ra (either voluntary by ~ct of the
parries or invotunt~ry by operation oi the law) of the same and that the covenants herein contained shalt bind and tMe benefits ~nd ~dwntayes inur~
= +o the respsctive ha~rs, legal repreientatives, succestors and au~g~~ ef !he garti~s herato.
- And said Morsgago?s, fo. themselves and thei? heirs, ley~l represe~~arives, successors ~nd ~ss~gns, hereby jointly and severally covenant and syre.
ro and with the said MORTGAGEE, its ~uccessors ~nd a~siyns:
1. To psy all +nd ~i~yul~r the principal and imerest and the v~rious and ~undry iumi of money payabl~ by v7rtue of wid promissory note, and thi~
_ mortgsye, each and every, promptly on tM days respectively tFM same sev~rally become due.
2. To pay all and singulsr the taxes, assessments, levies, lisbiiit~es, obliy~tions end encumbrances of every naturs ~nd kind raw on iaid dewibed
property, o~ that here~fttr may bt impo~ed, suffered, plxed, levied, w•ssessed thereon, a that hereaft~~ m~y be levied a auessed vpa~ this Mwt¢
= ege, a tF~e indebtedness ~ecured hereby, ~ach and ~v~ry, whe~ d~e and pay~ble, accord~ng to hw, befwe they become delinqvent, •nd befo~e ~ny intNSSt
_ e+raches or •ny penalty ii incurred; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHALL BE PROMV~IY SAi1Sf1ED AND DISCHARGEO OF
i-~:~ kECORD AND iME ORIGIhAI OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFAGTION PAPER OFFICIAtIY ENDORSED
OR CERTIFIED) SHAII BE PlACEO IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any thereof is not
pe~d, sat sfied and dischsrqed sa d MORTGAGEE may a~ any time pay fhe same w any part Ihereof without w~iving or aifetting any option, Hen, equity or
- •~qht vnder w by virwe ot this mortgage and the full amount of each and every such payment shall be immed~arely due and payable and shall btar interei~
~rom the date ~hereof vntil paid at rste of n~ne per cenwm per annum and toge~her w~rh ~ucQ inrerest shall be secured by the lien of ?h:s mory/aya ~
~ ~~:~K~~V ~~~~:~VV~ -