HomeMy WebLinkAbout1448 ~ ~ 223~8~
THIS INDENTURE. Mad~ ~he dth day of Rebrua.ry A.o. i9 ~2 betwee~
Billy R. Dailey~ a sinale adult
E
of St. i'uCl@ Covnfy florida, hereinafter desig~atcd ~s th~ "MORTGAGOR," ~nd FIRST FEDERAL $AVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpaation a~ani:ed and exitting unde. rM laws of tM Un+t*d Sta~~i of Americs and Mvirq ib principal pl+ca of
bus~~eu in 1M Ciry of fort PiKC~, St. l~ci~ County, Florida, h~riu+~ftN dtaiyn+~ed +s tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR ia ju~tly indebt~d to tM MORTGAGEE in the sum of = 6~~~' ~ , good and I~wful money of the Un:ted
State~ adva~ced by the MORTGAGEE unto the MORTGAGOR, as evidented by a terta~n promissory note of even date herewith, of wh~ch the ~ollow~ng ~n
words and figures is a trw copy, lo-wit:
z6,000.00 ~ 3-17,934_
Fo.r r~~?c., Florid~, February 4, ~y 72
~
Fw vatve received, 1, we or either of us, prom~se to ay, without defalcai~on, to the order of FIRST FEDERAI SAVINGS AkD LOA13 ASSOCIATION OF
FORT PIERCE at Forf Pierce, Fbrida, the sum of = 6~~' ~ w~th interesr From date at the rote of7 • 75 °e pe~ annum, in mo++thly insta~l-
•~e~es as fo1!ows: S 57 on the 1 St day of Apr i 1 ~q72 a like sum on the correspond~ng day of each momh there-
etrer until the whole be fully paid. .
Each installment first sMll be applied in payment of the interest and then on the unpaid balsnce ot the princpa~ sum. If d ault is made in the
~aYment of any installment when due, and such default continues 30 days, the~ at the opti~n of the ho=de?, and without any other not~ce, all the remaining
;~~srallments shall be due and payable at once. Privitege is given to prepay this note in whole a in part at any t~me ~v~fhout penalty. Neither fo~ebearance,
r.or acceptance by the holder thereof after any default in any p~ymcnb hereon, shail be deemed extens~on. A late payment charge of S 2• 85 shall be
added to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each such installment rema~ning unpaid 7 dayi after
rach succeeding paYment date. ~
Each make~, surery and e~dorser hereof, jointly and severally, waives demand, presenrment protest and notice oi protest fw nonpayrrKnt, and further f
a3rees to any extension of time of payment, either before w aher mawriry, wi~hour not~ce to `Sny of us; and to pay aIl costs of collection, includ;n9 a
r<•.,so~able attw~ey's fee in the event oF a~y default hereunder, and hereby severally wa~ves all beneiit of homestead and exemption unde~ the constitution
,;~d !aws ol each Srate of the United Stetes, as against this oblgation or any eatens~oo or rcnewal hereot.
Witness the ha~d and sral of each party.
S~ Blll~l R. ~dlley (SEAU t
a single adult (SEAL)
(SEAL)
(SEAL)
c `S 9 ! ~ State Revcnue
is+~e ~oM~e! ss ae~.l~or)
NON, THEREfORE, the 1V10RTGAGOR fw the purpose of securing paYment of s~~d sum of S 6~~~• a~d tM pe?formance of the
co~enants and agreementi he~einafter expressed, and for d~vers good and valuabte cons~derat~ons, by these presents. doea grant, barga~n, sell, remise,
re:ease, convey and confirm unto the MORTGAGEE, ib successora ~nd ~uiyn~, ell that cert~in IQt, piece or parcel of land, situate, ly:ng, and beinp in 1M
Counry of St . 1'uC ie ~nd State of Fbrida, dewibed a~ foflows:
Lot 5 and the North half of Lot 6, Block 16, I~ARiM~NY HBIGHTS ADDITTON NO. 4,
#
according to a plat thereof on file in Plat Book 9, page 71, of the public
records of St. l.ucie County, Florida, ~
~
~
r
~
~
k -
~ ~ ` {~~l 6---
: RECE~NEp • ` +h PAY~1E.1t p~ j~~
~ ~~T~ i: 11iiNi~tB~ PfRSONAt PRQ?ER/r,
's. ~ C11MTE~ )1•131~ ACiS ~ 1111. ~
~ ~ ~ ~ ~L SL L~ Ce. R~ ;
....t ~?t~~: ~
~ ~ ~
w :i ! 1\ I L"_ , < ~
~ z l;t`f'~):'.: i _T~'~` >
~ ~ ~ = F:B-S'72 f;
J. ~ O O ~
~ ~j ~ 1 - .
1- O - =~~J.•' ~ ~ i
~ N rt.t.SF ei~EG~ ~ ~ ,
N~-19 J ~ 12 ~~~I`~= -r"` f
~ • i
~
rogether w~th all and fingular th~ tenements, hereditaments +~d appurtances therevnto b~longinp or in anywise ~ppertaininp thtr~to, and ~II r~nb, iuues.
~ p~oceeds and p~of~ts accruing snd to ~ccrw from s~id premises, all of which are included in the abov~ and fore9oirg dtxription ~nd haba+dum.
r
" TO HAVE AND TO HOlO the abov~ dsu~ibed and yranted pem~s~s unto the ssid MORTGAGEE, itt succeuws u~d assiqns fwever. Md tF» said
~ MORTGAGOR fw --hi: he~rs, eaecutors, admioistraton and assigns, F?~mby covenants with the said MORTGAGEE, ib successors and +ssipm.
~
rhat ---h~ i~- t~wfu{ly seized ot tht said pren+ises in fe~ simple; that the iarrN ~r~ frN, de~r and discharpad from dl fiern and encwn-
{
~ brarxes io law or in equity, and tlut he _ will and hif _ !?ein shall wurant ~nd defend the titl~ ro tht sartN to the s~id
h10RTGAGEE, i?s aucceswrs •nd assi9ns, forever ~~inst the Iawfut claims and demands of ~II persw?t;
- PROVIDED, AIWAYS tMt if ths MORTGAGOR ~hall pay unto the MORTGAGEE fM promiuory note hereinbefw~ deuribed and sh+ll trvly, ptom~?ly
- and fully per(wm. difchargt, execute, compkte, comply with and +bide by exh ~nd we~y the stipulstions, syreemer?b, conditions ~nd covenants of s~id
= promissory note +nd af this Mat9pe, then this Matyaye aruf the Esute h~reby created shall cease and b~ null •nd void. ~
u =
<~;
IT IS UNDERSTOOD tMt the word "Mortyspa' whether in the s~ngular w ptural aoywhsre in this Mwt9apt, shall b~ sinpulu if on~ only ~nd
shall be plural jointty and ieverally if more than one, and that tM word "theii' sa used ~nywher~ in this Monya~e ~h+ll b~ t~ken to mean "his:• ••hen•• ?
- or "its,° wherever ~he context w impliei w sdmiu. Also, that wherever there i~ • ref~renc~ in tM coven+nts ~nd a~r~ems~a F~ein cont+in~d to u+y of
"h ~he p~rties hereto, the s~m~ aha11 be construed to mean +s well as tM heirs, lepal r~pr~se~tatives, successon s~d asai~ru (~iths~ volunt~ry by act of th~
- partiet a involunt~ry by operation of the law) of the same and that the covenants hsrein com~ined shall bind •nd ~h. benefin and advanta~es inur~
ro the reipedive heirs, leyd r~presentatives, ~uccesso+s and ass'gns of the parties Mreto.
- And said Mortqagon, fa themaelv~s ~nd their heirs, le~al representative~, succeuors and assiyns, hereby jointly •nd stveratly covenant and ayr~e `
i
ro and with tF~e iaid MORTGAGEE, it~ successors and asspns:
_ l. To pav all and sinyvlar th~ principal and imerest ~nd tht wrious ~nd sundry sums of ma?eY paYable by virtu~ of iaid prom~uwy nor~, snd this '
°;'j mart9aye, each snd every, p~omptly on tM day~ respectiv~ly tFN san+e sev~rally become dw. ±
2. To p+y sll ind ~irgular the ~axes. ~ssesunentf, leviss. liabilities, oWiy+tions and encumbrarxts of avsry nature and kind now on sa~d d~suibed -
property, o~ that hereaftK may be imposed, iuffered, placed, kvicd, or auessed thereon, a thst h~rtsfter may be levied a~sseued vpon this Mort¢
age, w IM ind~bt~dness secured hertby, ~~ch and erNy, wMn due a~d payable, +ccordirq b law, befwt they becarw delinquent, and befor~ +ny intsrts~
- ar+aches or any penal~y is incv~red; AND INSOFAR AS ANY THEREOf IS Of RKORD TNE SAME SMAIt SE PROMPTLY SATISf1E0 AND OISCMARGED OF
RECCRD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, fOR lNSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PAVER OFfICIAIIY ENDORSE~
UR CERTIfIED) SHALI BE VIACED IN TNE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the eren? thal any thcreof ia nof
pa~d, saYified and diuharqed sa:d MORTGAGEE may at any t~me pay the same w any parr thereof without waivi~y or affecriny +ny option, lien, equity or
~ •~qht under or by virtue of this moregage and the full •mount o( each snd every svch p~yment shall be immediately due ~nd payable and shall bear interest
_ ~~om the date thereof until paid ar rare ol mne per centum per annum and toyether w~rh svch ~nterest ~h~ll be secured by tM lien of th:s moryta~.
SC~lc PAff
- - _ r, . . .