HomeMy WebLinkAbout0366 TMIS INUENTURE, Mad~ the 3rd day of ~rch A.D. 19
72 ~ beNv~en
Robert Lyo~s and Mary L. Lyons, his wif~
of St . I.llCl@ Cqinty Ftorida, h~reinafter design~ted ai t~ie "MORTGAGOR;' and FIRST fE~ERAI SAVINGS AtvD IOAN
ASSOCIATION OF FORT PIERCE, a corporatan o~9anized and exiuing undsr ~h~ laws of tM United Stat~i of M~e~iu ar+d F?~vinp its principal plac~ of
busintst in tF» City of Fwt PiHU, St, lucis County, Flaida, herein~fter dssfynated st tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jwtly ir?debtsd ro tM MORTGAGEE in tM s~m of = 50~ 900. ,~pd and lawful money of the United
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by • cer~ain promiuory no~~ of eva? date herewith, of wh~ch the followiny in
wwds a~d figures is a trw copy. towit:
= SO, 900.00 3-18, 039
Fo.r P~e?n. Fia~d,, Narch 3= - ~y 72 ;
Fa value rcceived, 1, we a either of us, prom~se to pay, without def~ltation, to the ordc~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
fORT PIERCE a1 Fort Pierce, Fbrida, the s~m of = 5~ ~ 900• DO w;th intereit from dats at the ratt of S'l6 per annwn, in monthly irufall- `
ments as follows: S 411 . 15L ~y of •l~lly ~9 72 ~nd a like ium oe~ the cwretpondin~ day of each mo~th there-
after until the whole be fully paid.
EacA installment firat shall b~ applied in payrrKnt of the imerest ~nd fhen on the u~paid balance of the princ~pal sum. If d ault is made in the
paymeM of any ins~allment whe~ due, and such default continues 30 daya, then at the option of the hotder, and without eny other notice, sll the rem~inirtg
~nstallments shall be due and payable at once. Privile~a is y~ven to prepay this not~ in whole or in part at sny time without penslty. NeitF?er fwebeara~ce,
nw scceptance by the holde~ tlxreof afte? any default in any payments hereon, shall be deemed extension. A late payment cha~ge of S 2O. SS shsll bs
added to each installment remaining unpaid 7 days aftN its due date, sod a like sum shall be added to each such inst~llment remaininp unpaid 7 days after '
each succeeding payment data €
Each maker, sure and endorser hereof, 'oinN and uver~ll , w~ives demand, ~
ty ~ y y prexntment p~otest and notice of profesf fw rw~payment, and further
agrees to any extension of time of payrn~nt, either be(ore w after maturity, without notice to any of us; and to pay all costs of collection, including • i
reasonabk attwney's fee in the event of any defauit hereunder, and hereby severaily waives all benef~t of homestead and exemption ~nder the consfitution ~
and laws of each State of the United Stares, ss syainst this obligation p any extension or renewal hereof. ~
W~tnru the hand and seal of eact~ party.
s/ Robert Lyons ~p
(s~?t)
s/ Mary L. Lyons ~p
~ $76.35 ~ Stat~ Revenue ~U
t5e+~4F ooadbd sR aA~pna1 ~os)
NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of qid sum of s 50 ~ 9~• .~~+d tM performance of tM
c~venants and apr~ements hereinafter expressed, and fw divers 9ood and wlwble consider~tions, by thes~ present:, does graM, bary~in, s~ll, remise,
releass, tonwy and confirm unto tM MORTGAGEE, iri svccesw~s ~nd ~ui9ns, all tMt cert~i~ bt, piete or pwcel of land, situate, lyinp, and beinp in 1M
~~~M St . LUC1@ and Stat~ of Fb?id+, d~wibed as follows:
Lots 24 and 25, Block 22, Revised Plat of Blocks 17, 21 and 22, ~
Y ~ s
FORT PIERCE BEACH SUBDIVISION, as per plat thereof on file in ~ W "
Plat Book 10, page 12, Public Records of St. Lucie County, Florida,? ~
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~ together with aU ~nd sinpular eh~ teneene~ts. Ix~editam~nts uid sppurtanus tl+Kwnto b~lagi~p or in anywist ~ppertainGg therNo, and all r~nts, istws,
~ proceeds ~nd profin acauirp and to acvw from said premises, all of which an indud~d h~ tM above u~d forpanp dewiption ~nd h+bendum.
~ TO HAVE AND TO 1~OW tM ~bow dacrib~d and ~raoted p~ema~s unto th~ said MORTGAGEE, iq wa~swrs snd auipm foreva. Md th~ wid
~ their
~ MORTGAGOR for - hein, e:ecuton, +dm7nistr~rors and ~ssiyro, Mr~by oovN»nn with the s+id l1AORTGAGEE, ifs woc~ssws and ~ssipM, ;
~ fhat they are ~~~ully seized of tM ~aid premises in (te simple; tMt the same u~ frN, cf~ar ~nd d4cF~+rpad fran ~II liens and ~ncvn~ ;
c brancp in I~w w in equity, and that they will ~nd the ir ~;,s ,n,u r,,,,l,,,r .~,a d.f.od ~h. r~rw +o ~h. sam~ to th~ said 1
rs MORTGAGEE, its succeasas and ~uigns, forever painst tM lawf~l cl~ims and d~nds of atl perwro;
PROVIDED, ALWAYS thst if the 11AORTCsAGOR ihall pay unto th~ NIORTGAGEE the promistay not~ hereinb~for~ describ~d ~nd sh~ll hvly, promptly
and fully pNfwm, disch~rpe, execvt~, compbte, comply with ~nd +b+de by each ud ewry th~ atiputations, aynemenri, ca+ditions and ~nb of uid
prom~ssory not~ ~nd of this Mort9ap~, the~ this Nlort~a~ snd tfie Eitate haeby v~ated ~MII o~as~ ~nd be i+ull aed void.
IT IS UNDERSTOOD th~t ttw word "Mwtyayor' whether in th~ s~npulu a plwal ~nywF~r~ in this MwtysQ~, sMll be sinpul~ if on~ only and
- shall be plural jointly ar+d s~verally if mor~ than a», and that tM wa?d "tMii' as wed +nywMn in thb Mortg+Qe shall bs tak~n ro rn~an •'his,•• •'Iws;•
- or "in;' wherever the conttat so implia a~dmits. Atw, that wherwN there is a rtferenp ii? tM cov~nann u~d pr~t~ ha~in co~birnd to r+y of
y tF,~ puties i+~rero, the s+me ~hall be cor~snusd to m~~n u well as th~ Min, tepal nprsHr?tdivp, woc~uws and ~ssipns (eitMr volunt~ry by ~ct of tlr *
- o~.~ies w involum+ry by oper~tion of th~ bw) of ttw sarne and tMt ~h. coverwnn her.M conui~,sd sh+ll bind and rhs b.n.f~a a~d advsnt~p k~w~ !
= eo the res~ctive heirs, byal r~presentatir~s, axces~ws ~nd ~u°ym of th~ pmies Mreto. 4
Md s~id Mwrypon. for them~elws and thee I+ein, lepal rep.esentativas, wcussws and ~uiyr+s, her~by joinrly aod wverally covMant and ayne :
to u+d with th~ taid MORTGAGEE, its wcctssors a~d assipm: j
~ti 1. To pay sll and sinpular th~ principal and int~r~st and the wrian snd wndry swns of moner paY~bf~ by virtw of said promiswry noh, and tha
mwfya~e. ~ach and ~wry, promptty on tly days rapaetiwly ths sare~ t~wr~lly become dw.
2. To p~y all and sinpula th~ taxes. ~sseasments, kvies, tiabiliti~s, oWgatioro and encvrnbrances of wery nahx~ and klnd eaw on said d~scr~ed
wow?b, a tMt hersahN may b~ impo~ed, wffenA. P~+ced. Iwied, w s~eswd tl+cr~on, a that henaftK may b~ levwd or ~wswd upon thi~ JIAor~
.g~, a rM indebeedness s~cur~d he~~by. ~ad~ ~nd wasy, wh~n dw ~nd p~y~blt, aawdirp ro t~w, befa~ tMy becorn~ d~lirqueeM, and b~fw~ ~np knKest
' attaches or any penalty is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIt SE PROMYTIY SATISFIEQ AND DISCHARGEO OF
= RECORO ANO TIfE ORIGINAL OffIC1At OOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATtSFACTION PAPER OFFICIAIIY ENOORSEO
OR CERTIFIED) SMAII dE PIACE~ 1N TME HANDS OF SAID JNORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN7; and in rhe ~wm th~t a~ryr tM~~of it no1 ~
y pa~d, sat sfied ~nd dischar9ed sa:d MORTGAGEE may at sny tlme pay the same p any pan tF~eof without waivirg a affectinp any op~an, li~n, puity p
s •~aht vnde~ or by virtue of this mongaye ~nd the full amount of each and ev~ry wch paymN+t sh~ll b~ imrnediatsly dus arx! p~yabl~ a~d shall bta~ inter~s~ t
~.om the d~te th~reof until paid ~t ate of n~ne per cent~m per annum and toqether w; h interest sh~l ~u?ed by ~he lien oi th:s mwptape. z
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