HomeMy WebLinkAbout2591 ~C' 2;24~89
THIS INDENTURE. ~d. ,ne 2~~ t d,y of Fe~xua-~' a.~. ~q~ ~~w~„
1~'ayland F. Carr anci Tfercedes C~rr, his wife ~
of St • Lu~ Ze County Flo~ida, her~inaff~r d~igoated ~~s tM "MORTGAGOR,"~ and~ FIRST FEDERAI S~?VINGS AND IOAN `
ASSOCIATION OF FORT PIERGE, • eorporat~on aflanized and •xiseinp undN tF,r lawt of th~ Un~r~d Sf~~aa of Am~ric+ ~nd Mvinp its principal pl~c~ of
6usineu in th~ City of iwt PiKU, St. lucie County, flwida. fxr~inafta desipnarsd as tM "AAORTGAGEE." _
WHEREAS tM MORTGAGOR i~ jvitly indebted to tAe MORTGAGEE in the sum of ~ lA ~ 3~ , good and lawful money of the Un~ted ~
S~ares advanced by the MORIGAGEE unto the MORTGAGOR, as evidenced by • certain promitsory no1~ of even date herew~~h, oS wh~ch the toIlowiny in ~
woids and (igures is a trw copy, to-wit:
s1Q~~00.00 ~ 3-1'7,491
Fo.~ P~~.c. Fia~, February 2I, ~9 72 ~
,
For value received, 1, we w either of us, prom~se to pay, without defalcat~on, to the order of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION Of
FORT PIERCE at Fort Pierce, Florida, thc sum of j1O, 300• w,th interesl from date at the rate of S• 0 9fi per. .~lnvn'? in montMy inslall-
«.ents as fottows: S 87 on the 15 t day of Apr i 1 ~q 72 ~~~ke sum on the correspondirg day of each mo~th therr ~
atter until ~he whole be fully paid. j
i
Each installment tirst shall be applied in payment of the inrerest and then or~ 1l~e unpa;d belance of the principal sum. If d auh is msde in the '
y:ayment of a~y inatallment when due, and such default contioue~ 30 days, 1F+en at the ootion of the holder, and without any other notice, ail tF+e remaining
~~~sraltments shail be due and payabie at once. Privilege is given to prepay this note in whole w in part ~t any time without penalty. Neither fo~ebaaaance,
nor acccptance by the holder thereof after any default in any payments hereon, shall be dtemed catension. A late paymcnt ths~ge of S a• 35 shall be {
.~ddad fo each initallrnent ~emaining unpa~d 7 days after its dw date, and e like sum shall be added to each such installment remeining unpaid 7 days after
each succeeding payment date.
Each make~, surety and endorsei hereof, join~ly and severally, waivcs demand, preaentment protest and no~ice of protest for nonpayrrKnt, and furfher
agrees to any extension of time of payment, either before o~ after matunty, without not~ce to any of us; and to pay all costs of collection, inctud;nq a
rrosonable attorney's Fee in the evcnt of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitufion
~~d faws of each State o( the United States, as aqainst this obligation or any exteoseon w venewal hereo(.
Wirnesa rhe hand and seal of each pa~ty.
S~~Tavlan~ F. Car7 (SEAL)
(SEAU
sll~tercedes C~tt (SEAt)
~ S 1 5,.1 S ~ State Revenus (~U
NOMI, THEREFORE, the MORTGAGOR fo~ tfie r 1Q 3~ ~
pu pose of tecuring p~yment of said sum of S ~ • and tM performance of ths
covenenta and agreementi hereinafter expressed, and fw d~vcrs good and vatuable cons~derations, by these presents, dxs grsnt, ba:ga;n, sctl, rem~se,
retease, convey and confirm un~o the MORTGAGEE, itt succeuors and assiyns, all that certain Ict, piece or parcel of land, situate, lyirsg, and being in the
County of St. Lucie state of Fbrid~, dewibed as follows:
;
F
Froa the point of intersection of the West right of way line of Ridge Haven Road with
the South line of Lot 12 of the Subdivision of RUSSELL ESTATE in Section 28,
Township 34 South, Range 40 East, as per plat thereof on file in Plat Book 1 at page
186, St. Lucie CounLy, Rlorida Records, run thence West along said South line of Lot
12 and the South line of Lot 13 of the said subdivision of Russe~l Estate, a distance
of 459.47 feet for point of beginning; thence, at right angles with said last line,
run North a distance of 135.84 feet; thence at right angles with the last sentioned
iine, run West 90.9 feet; thence, run South to a point on the South line of said lot
13 which is 90.93 feet West of the point of beginning; thence run East to point of
beginning. ~ ~
s~~ArtaF~LOR1uA
v' DaCUMENTAfl" STA`~iP TA X ;
J Z = _ d+~+.~y,a, - _
~ _ FE827'12 =
~ ° ` ; .20 6~
I 5 4 5~ RECEIYEO ; IN PAYr,1RfT OF TAxES
N u IiHT.~i~,~11[ - ~ D;;E OY CLAS.i 'C' t':,-4'E"i6'.: :S :'r~11 YROr'E:i11f,
tUkSWUYi TD CiiA?l£2 )1•13i, 1C~S UF 197i.
Rff.;ER POITP.ti. G~:% C=.-i" Ccurt. St. Luue Co. f!a.
rogether with all ~nd sinyulu the tenements, hercditamenb and tppurt~nces thereunto belongirg u in anywist appe~tainir?p thereto, and dt r~nri, iuws,
proceed~ ar+d profib accruing and to sccrue from ssid premises, all of wFiich are incl~ded in the abov~ ~nd fo~e~any description snd h~bendum.
TO HAVE AND TO HOID the above dewibed ~nd yranted premises unto the iaid MORTGAGEE, ~ts succe~son snd ~uiyns forever. And tFM said
their
MORTGAGOR for heirs, executors, sdministrato~s and assigru, F+~teby coven~~b with the said MORTGAGEE, in succ~ston ~nd auigm,
the a re ~.Wsu~~ k~:ed or ,he „id
rhat - y premises in fet simple; that iM tamt ue }r*s, ckar and disch~ryed from •tf lie~a and encvm-
brances in I~w or in eq~ity, and that theyW~~i their ~~n ~hati warrant and defe~d the title ro tM tart?t to the said
MORiGAGff, iti succeuors and assiqns, fwever ~y~inst the lawfvl claims and demands of sll perawu;
PROVIDED, ALWAYS thst if the MORTGAGOR thall p~y unto the MORTGAGEE ths promiswry note hereinbefor~ d~scribed snd ~hall huly, prompfly
and fully perform, dfscMrgs, execute, complete, comply with and abide by exh snd every the stipulations, ~g?eemenq, conditions and tovenants of uid
prvmissory note •nd of this Mo?rgage, ~hen rh;~ Mortgsge ~nd the Est~fe hereby ueated shall ceass and be null a~d vo~d.
IT IS UNDfR5100D th~t the word "Mortpyor" whNher in the singular w plural snywhere in this Martyaye, sh~ll be sinyulu if w~e only and
shall be plurd jointly and saverally ii more th~n one. ~nd that tl+~ wwd "their" ~s u~ed anywhere in this Mortyap~ shall bt qken to mean "his,,, •,htrs;•
or "itt;' wherever the contexl w implies or admits. Alw, that wherever the~e is a~sferente in the coven~nri and ~reements hsrein conqined to any ol
the partici hereto, the same shatl be construed to mean well ~s the heirs, le~d r~present~tives, successori and assi9~u (either voluntary by ~N of tM
psrfies or i~voluntary by oper~tion of the law) of the s~me and that the covenants herein con/ained shall bind snd ths bene/ih and advantaQ~s inur~
to the respective he;rs, IeQ+I represent~tives, sutcessors and au'yns of tF~s parties hereto.
And said Nbrtgagon, fd themselves end tF~eir heirt, le9al represent~tives, tucceuus Md •ssign~. hereby joi~tly and stve+ally cov~nant ~nd ~yree
~o and with the said MORTGAGEE, its successors and assigni:
1. To pay all and tinyular the prirxipal and inte~est and tix vario~s and sundry sums of mw~ey pay~bte by virtw of seid promiswry note, and this
matQsye. ~~cb ~nd ev~ry, promptly on tM days respectiv~ly the iame ser~rally becwrn dw.
2. To p~y all ~nd ~irqul~r the taxes, as~essmann, levies. liabiiities, obliyatiom ard tncvmbrance~ of ~very natur~ and kind now on ~aid d~scribed
P?op~rty, w th~t here+fter msy be imposed, suffered, pl~ced, levied, w+sseswd thereon, or rhat here~ftu may b~ I~vied w ut~ssed vpon this MortQ-
a9e. ar rhe ir~Mbtedrieu ~ecwed Mereby. sxA and evsry, when dve and payabl~, ~ccwdin~ to law, b~fw~ they bccom~ deli~qvem, ~nd b~for~ a~y int~r~st
atteches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD TME SAME SHAtI OE PROMPTtY SA115FIE0 AND DISCMARGE~ OF
RECORD ANO THE OR(GIFIAL OfFfflAl OOCUMfNT (SUCH A5, fOR INSTANCE, THE TAX RfCE1PT OR TIiE SATI$FACTION VADER OFFICIALLY ENDORSEO
OR CERTIf1ED) SHAII BE PIACED tN THE HANOS Of SAIO MORTGAGEE WIIHIN TEN DAYS NEXT AfTER PAYMENI; and i~ tFk event thst any the~eof is not
pa~d, sar ified and diuhuged sa:d MORTGAGEE may at any t~me pay ~he same w any part thereol without waiving o~ affectinp any opt;on, ?ien, equity or
•iqhr under or by virtue oi this mortgage ~nd !he full amount of each and eve.y such payment shalt be immediateiy due and payable snd shall bear interest
~•om ~he date thereof until psid at r~te of n~ne per cent~m pe~ annum a~d taqether w~th such iNe~st~ secur~~~ of th:• mor9tps.
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