HomeMy WebLinkAbout0003 2~245!74 . ~
THIS INDEN':JRE. Mad~ the 2~th day of ~b~8~ , - A.D. 19?~„ betw~en
Geor~e K. Lear~, a single adult q~ " ~ ' '
o~ Sti• Td1C~@ ~p~nty Flwid~, htreinaft~t designated as tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION (1F FORT PIERCE, a corpora?~on orp+~ized and ex~uinp ~M I~wa of th~ United Stat~s of Ameriu and Mv4+y IM principal P~+p of
busines~ in tM City of fwt PiKU. St. lucie County. Flaid~. IKrtirufier d~stpnated as tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly indebt~d to tl+~ MORTGAGEE in the sum of = ~ 5a~~•~ good ~nd I+wfu~ mo+~sy pf the Un~ted
States advanced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a cerain promiswry note of even dat~ herewitF+, of whlch th~ followinp in
words and figures ii ~ tru~ topy, towit: ~
s~ 5, 300.0o N, 5-t e,oo5 ~
P~.a: f~«;d,. February 2I~ 19 7?
For valus received, 1, we o? either of us, promise lo pa , without defalcation, to the order of FIRST FEOERAI SAVINGS AND tOAN ASSOCIATION OF
FORT PIERCE at forf Pierte, Flwida, the sum of S 3~'~ w~ih intrrest from date at ths rato of T'~ % pe~ ~M+~. ~~~thly install-
~,enrs u fotlows: i-~-~~00 on the ~ st d~y of Ap~l 1972 and a like s~m o~ the carsspond~ny day of each month ~he~~-
afrer un~i) the whale be fully paid.
Each i~stallment fint shall Se applied in payment of the interest ~nd ~he~ on the unpa~d balarxe of the princlpal sum, If d auh is m~d~ i~ the
Nayment of any inarallmenr when due. and such default continues 30 days, tnen at the option of the holde~, snd without any other notice, ~II the remsininq
~nstallments shalt be due and payable at once. Privilc~ is ~iven to prepay this note in whol~ or in part at ~ny time without panalry. Neithar iorebsus~ce,
nor accept~nce by the hoider ~hereof after sny default in any paymems Ixreon, sfislt be deemcd extensio~. A Iate paymeM charge of ~ ~•6 shall b~
added to each insts~tment remaining vnpa~d 7 days after ib due date, and a like sum shall be added to eath such installment ren++inirg unpaid 7 days ~fter
each succeeding payment date.
Each maker, surery ano e~wser nereoi, joiniiy and aeveraiiy, w~ivea cie+~~e~w, µrae~~~~~~eol ~otast a~.i nctice af prote:t for nonpayment, and furttar
agrees to any eaten~ia? of time of paymem, eetF+er befo~e w aftcr maturity, without not~ce to any of us; snd to pay all costs of collection, includirq a
rrazonabte attorney's fee in the event of a~y default hereunder, and hereby severally waives all benefit of horrKStrad and exemption under the constitulron
a:,d laws of each State ai the United States, as aga~nst this obligation a ~ny e:tension a renewal M~eof.
Wirness rhe hand ar+d seal of each pa.ty.
s/ George N. Learv. a single adu~
~u
ts~w
ts~w
c ~2.9~_) srat~ Revenus
` ~5 300.00
NOW, THEREFORE, ths MORTGAGOR fa the purpose of ~eturing payment of uid swn of = ~ and ths pcrforrtunu of tM
cova~ann snd ~greements hereinafter exp~eucd, and fa divers good and valwbte cwuiderations, by thess presents, does gr~M, 6ar9ain, sell, remise,
release, convey snd tonfirm unto tF?e MORTGAGEE, its fuccessors ~nd suigns, •II that ceri~in bt, pieos w pucel of land, situate, iyinp, and beirg in ths
~~~ty o{ • I+UC ~@ and State of Fbrida, deuribed ~i follows:
Lot 10, Block 2, ORAKGE BIASSOM ESTATES - FIRST ADDITION
as per plat thereof on £ile in Plat Book 11, Page 38, of
the Public Aecords of St. LucieCounty, Florida~
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` ~~It~i t cF-f=.LURIUA ~
[ DOCU'r~EitiTA~'~• STt~NiP TAX '
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~ ip v ~r.~ ec,~c = M~ PAtli~fNT oF tAXES
P.B.19o~,: = ouE o~ cuis ~ inr~.vc~st.E ~a~~.vu v~~o.~~ttn.
~ MIIlSI{ANT TO CHAPIER 71•13+~. ACiS Of 1971. /~l~lir
~ ~I~Eit PDIfRIIS? C1ak Citurt Cow~ SL luae Co. Fli
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together with all and sinpular the tenements, heredit~mems ~nd appurtaexes the?wnto belorgirg w in anywis~ ~pp~rtainirq th~tNo, and all tsntf, issws,
~ proca~edi and pro(it~ scvuinp and to accrue fran said premi~es, all of which ~re incl~rded M tM abov~ ~nd fw~poinp dewiptia+ u+d h+bendum-
= TO HAVE AND TO HOID tM above desuibed and pranfed prtmia~s uMa tM s~id MORTGAGEE, its succeawn and assipns fortwr• Md tM sdd
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MORTGAGOR for his F+ein, ~xecuton, +dministr~eors ~nd assipro, F+a~by cownan» with the ssid MORTGAGEE, Hs wa~taw~ and assiprr.
~F,at -~1~ i~ - t~wfully se~zed of the said p~~+nis~s in fee simplr, that tlw w++w an fr~, clesr ud diuhar~d fran ~11 li~ry and ~ncwe~ ~
~ br~ncts in law a in puity, ,~d *rNt. he will ~nd hi3 • hci~s shall wursnt and d~f~nd tht titb b tM um~ to th~ s+id
;g MORiGAGEE, ib fuccsuors ~nd ~ssi9ns. fww~r ~yaimt tiw lawfvl claims ~nd demandt of all persons;
' PROYIDED, AIWAYS thst if the MORTGAGOR ~hall pay unro the MORTCs/1GEE the promiuwy note hertinbefor~ destribed ~nd tFwll tn?~Y. P~~pR~Y
= snd fvlly perfwm, dixharye, e:ecut~. complet~, comply with and ab~ by ~ach and ~wry tM stipula~ion~, preem~nb, conditiom and oov~n~?» of Nid
prom~ssay noa and of this Mwt~aQe, th~n this Mortype ~nd the Esate ha~by u~ated shalt uas~ arw! b~ rw~~ +~d w~d•
IT IS UNDERSTOC'A th~t t1w word "AAortqa9w" wFKthe? in the sirqul~r w plwal w?ywhe~ in this Matyap~. shall b~ slnpul~? H on~ a?h? ~nd ;
~z sh?If be plural jointly snd Nvnally if mwe thae on~. ~nd that ths ward "tiwir" vsed anywhere in this Morty~ tFwll be t~k~n to me+n "his," "Mn:' ~
or "its:' wher~ver tM cont~xt w irnpli~s or admin. Also, that wher~ver then if a f~fNMCf in ti+e cownants and aprKm~nn F~r~in oont~in~d ro ~ny of
riu pNties her~to, tl+~ t+rn~ shall bs comtrued to rrKan u vwll ~s tM M'us, tspd represent~tivss, wccessors and +uipns (~itMr vol~nt~ry by ~c1 of tF» ;
: parti~s w involunury by op~ration of tM law) of tM iame and that ~h~ co.~.n.na h.r.in com•ined s1?.11 bind and rM ba+efin arw! .dv.nupa inur. • S
ro tM r~s~»ctive F+~~rs. Ipal r~presem~tiv~s, wccesson and au~qru of t}w puties Mr~ro.
~ And s~id Mo.fyapws, fw themsetve~ and ~heir h~i~s. I~y~l r~pretsnutiws, succasiws ~nd aaipro. Mr~by jointly aod ~w~r~lly eov~nt ~~d apree
^3 ro u~d with the said MORTGAGEE, in succeuo~s and ~uipro:
1. To pay ~11 and sinpular tt» principat and interest and tM wriovs and wrdry swra of oarwY WY+b1~ bY virtw of said promiswry not~, and this
mwt~a~e. ssch ~nd ev~ry, promptly on tFw days nspactiv~ly tFM sam~ wwally b~corrw dw.
::x 2. To pay ~11 and w~yvlar th~ rs:es, us~s++nenn. Iwies, liabilities, oblig+ram arid ~na+mbr~nus of evaY n~+ur~ and icind now on said d~sn~d
WopMtY• a that Mreafte~ may b~ anposed, wffa~d. P~aad. I~vied, or useaed ths~aon, w that Ae+~ai~ea n+ay b~ Iwi~d w aas~swd upon this Matg -
owr
pe, a th~ ind~brsdn~s~ secvred hereby. ~ad~ ~nd w~ry, wk~n due ~+~d pay~bl~. ~owrdinp b law, before th~y b~cant d~li~q~eet, and b~lon ~r ima~st
a+taches or any penalry is incur~ed; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII aE PROMPTtY SATISf1ED AND DISCHARGE~ Of
RECORD AND THE ORIGINAt OFFICIAI DOCUMFNT (SUCH AS, FOR INSTANCf, THE TAX RKEIVT OR 7HE SATISfAC~ION PAPER OFFICIAIIY ENOORSED
OR CERTIFIED) SHAIt 6E PIACED IN TME NANDS Of SAIO MORTGAGEE WITHIN 1EN DAYS NEXT Af1ER PAYMENT; and in tM evsnt tF?~t ~ny tMrwf h no1
paid, sst'ified ~nd d~uhiryed sa:d MORTGAGEE m~y at any ~irt+e pay the same w any part therwf withovt w~iv+~y or affectinp any option, li~n, puity a
~ ~:YRs u:~: a: hi ver!x of thes ~•!~n~• a~ e1.. f~.ll ,.n.n.n~ ef ~ach and eve~y wch wrment shall be immediately dw u~d p~yable and shall bea inNreq
~rom the dat~ tMr~of unti~ pa~d at ~ate of n~r?e per cen?um pa a~rwm and tope~her ~e~~~s~ be sec~ by thj :an of th:s mwpta~e. ;
adM1
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