HomeMy WebLinkAbout0498 ~~9:9~1 "
THIS INDENTURE, Mad~ 11,~ ~ st day of •`°~h A.D. 19_as. b~tw~ :
William Clarke and Ruth Clarks,~ his wife ;
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of St . Td1C~@ ~ County Florida, Mr~ioaftN d~iign~~ed aj • tir '~I10RTjiAGiOR:,' ~~d , fIRST FEDERAL SAVINGS AND IOAN ;
ASSOCIATION OF FORT PIERGE, • capa~tion or0+niz~d and ~xi~iinp undN tM bws iof~ 1M Unit~d 5~aqs of M+~rk~ aed Mvinp iri principal pl~q of !
busin~u in tM Ciy of Fort Pi~.u, St. lvci~ Counry, florida, hcr~in+hK dKiyn+Nd ~s tl+~ "MORTGAGEE:'
WHEREAS ?M MORTGAGOR is jvatly ind~btsd 1o tht ~IIORTCsAGEE ie~ 1M ivm of i~~ 0~ ' qood +~d ~awful money of the United
State~ ~dvanced by the MORTGAGEE unto ~h~ MORTGAGOR, as evidenced by ~ c~rtai~ promiuwy note of evM d~te henwitb, of which tM tollowinp in
word~ ~nd fiyur~s is a trw copy, to-wit:
s~, ooo. oo 3-18,o2t _
Fort PiKCt. Florida. HBI~C~1 ~ 19~.
Fa value received, 1, we w sither of us, promise to pay, without dsfaication, to ths order of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fort Pierce, florida, the ium of ~ ~3~~•~ with intereit from date ~t ths rats of _[_a1.77~ pe? +nm+n4 1n ma+thly irotall-
ments as follows: Z~•~ ' on tM ~ st' day of 19~_ and a like sum on tM corr~~g d~Y of eacM month therr
after until ~he whole be fully p~id.
Each installme~t first shalt be apptied in paymeM of tM inreaest and thsn on th~ unpaid bal~rxe of the principal sum. If d ~ult is m~d~ in tl+~
payment of a~y installment when dw, and s~ch default continues 30 days, thu? st the option of the holder, and withour any other norica stl rM r~i~iny
~nstallments shall be dve and payabl~ ~t once. P?ivilep~ a~iwn fo prep~Y lhis nof~ in whol~ or in put at ~ny time witho~f psn~lty. N~ti~tha~
1f~or+btar~~u.
nor atceptance by the hotder thereof ahe~ sny def~ult in a~y paymenb hereon, slull be deemed exte~sion. A late, p~ymenf ch~rpt of i~=-. shal) b~
added to each ir?stallment ~emaininy unpaid 7 days ~fte~ in dw date, ~nd a like sum sMll bs added to each wch insqltment ramaininp unpaid 7 days after
each sucteediny payment dste.
Each maker, surety and endwser hereof, join~ly and uverally, waives demand, presentment protest ~nd notic~ of prolest fw ranpaymsnf, and fu?ther
agrees to a~y extension of time of paymeM, either bsfine or efter m~twity, without r?otice to +ny of us; and to pay alt cwts of collection, inclvdnp ~
reasonabk attorney'a fee in the event of a~y default herwnde~, and Mreby severally waives all benefit of homestead and exemption untl~r th~ ta+stitution
and laws of each State of tM United States, ss +yainst this obligation or sny ~xtension a renew~l hereof_
Witness the hand ~nd tesl of each party.
4/ William Clarke ~
f5~?U
s Ruth Clarke ~
~SE~?U
~ ~10. CO ~ s++» aera,w
Now, THEREFORE, tM MORTGAGOR fw th~ purpok of tetvrinp payment of ssid ivm of ~ 7 ~ .~+d ~o.~++~+~. o~
covenants ~nd apreem~nts hereinafta expreued. and fa divers pood and wlwblt considerataro, by tMs~ presu?ts. do~s ~r~nt, bar~ain, stll, nmiie,
~elease, eonvty and eonfirrg, Nnro 1M MORTGAGEE, its successors aed sugns, all th~t unain lot, pi~t~ or paul of (and, situat~, (yirg, and b~inp in tM
Couny of ~Ti. Uicie ~ Sut~ of Plorid~, d~wib~d as follwvr
Lot 8, Block !t, TUSKEG~'....~. PA.RK SUBDIYISION, accordin~ to
a plat thereof on f"ile in Plat Book 8, Page ?4, Public =
Records of St. I~cie County, Florida
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; STATE aF FLOR~ClA~ E t~e,
; C~ ~ OOCUMENTAo~ STAMP TAX - ~QEFr ~
y ~ - MR-6'72 a ~•`s - ~ ,9,~' /!1
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~ . P.B.~so~~: ~ ~~+~pt~~~,,~c~'~'
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~ fogethar with all and sis+yular the t~r~wnts. I+aeditamenn and ~ppurt~noes tMtwmo b~lagirg w in u~~ywiw appertalrwq therMo, ud all n++ts, hwa.
~ proceeds •nd profin acwiny ud to ~arw from said premis~s, all of whid~ ~n ind~xl~d in the abov~ and for~poinp dacriptian ~nd hab~ndun~.
; TO HAVE AND TO HOLD th~ ~bove d~scrib~d and yr~nt~d premi~es unto Nw said MORTGAGEE, in wouswn a~d +~sipns fww~r. Md th~ ~+~d
~ the i r
N50RTGAGOR for - hein, e~cacutors, administr~tws ae~d a~si~ru, hertby oov~nanq witA th~ said MORTGAGEE. its wa,~swn and psiptr.
inat thPV at~! lawfully seized of tFr s+id pr~ena~s ie fN simple: that tl+~ san» an fr», cl~ar and d'ncl+n~d fran ~11 Ii~ro ~d ~
= b~anctt in t~w a in equity. ~nd tha+ they will and their htin shall wanant aed d~f~nd tM tRl~ to tM saem to the said
MORTGAGEE, its successors and usipns, fa~ve~ apairot tM lawfvl daims ~nd d~mands of ~11 p~rsom;
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PROVIOED, ALWAYS tlwt if tM MORTGAGOR sMll pay umo th~ MORTGAGEE Nw promiswry rwt~ Mr~N+b~(w~ dNCtib~d Md sha~~ huM. D~~~MN
~nd fvlly p~rfwm, d~schsry~, ~xacv», compl~t~, comply with and ~bid~ by eacA and wKY ~M stipubtioro, ~pr~r»nn, oa+ditioro and oown+nt~ of s~id
- promissory nore aod of rhis Moctya~, then this Maty+g~ and rh~ Es~~r~ Mr~by aated th~lf uaw and b~ null and void.
IT IS UNOERSTOOD t!»t 1Fw word "Mo~rtypw" whetMr in th~ sirpular or plwal anywhat in this Mwtyp~, sh+ll b~ slnpula if on~ ady ~nd
shall b~ plw~l joinfly and ~ewrdy if mon th~n a+e. ~nd th+t tM word "tFw'a" ss w~d anywhen in M+s Mo?~y~y~ sh+ll be t~ka+ to mean •'his.•• "F~."
~ w••its:' wherever the context w implia w admits. Aho, that whs~wer N,a. ~s a r•tae~o. ~n th. cor.oann «+d .pr..~,+e.~n l~.~e„+ c«na~wd a anr of
? th~ parti~s her~to, tFw sam~ ~h+ll b~ oorutruad ro mesn ~s w~ll p th~ h~ira. Ipal r~pre~tatiws, sucuuws a~d ~ssipro (~itha volumary by ~d oi th~
" p~.fi~s or invdunrHy by operation of tM law) of the ~~nd th+t ~M cov.nana h.r.i~+ conrained ~hall bind and rh. b.n~fin and advsMap.s inur~
ro the r~tp~ctiw h~in. I~f ~~pr~td~ves, wcces~on and ass°p~a of th~ puti~s herero. ~
- Md said Mortypws, tor tMms~lws and tFwir Mirs, bp+l r~p?~sentatiws, woc~+son ~rd assipr~s. Mrebp loi^NY and s~vu~lly oov~n~rM ~rd prK
ro uid with tF+~ said MORTGAGEE, its suooe~so?s aod assiQns:
1. To pay sll ~nd sinpula th~ pr'uKipat ~nd intaest ud the vuious and wndry surna of maKy P+Y~bI~ bY virtw of said promiswry noh. ~nd thb
- mortpapt. ~xh and wery. PromVtly on th~ days r~spae~iwly tFw sare~ s~wr~ily b~conr dw.
~ 2. To pay all and NrgirlM th~ t~x~s, awssn+en». Iwies, Iiabilifies, oblipatian aed ~rKwnbr+noes d w~ry rww?~ aed k1~d rww on s~W danib~d
~`e prOPNty OI f~Nf tNtNffM rtNy ~N i111QONd, iVFfM~. ~K~d. ~?i~. Of NNf~ t~llflOl~. Of f~Nt ~NfNf1lf IMy ~~ViN~ p M~NNd HQ0~1 1~1M MOf1~'
- aQe, a tM k~d~bt~dness tscund har~by, wch and tvwy, when dw ad payabl~,~aaordirg w law, b~fon 1Mp batorne dtlinq~rent. ~nd befon anY int~rest
- •tfKF1lf W~~1y plMlfy If fI1CV~Ild; AND INSOFAR AS ANY THEREOF iS OF RKORO THE SAME SHAII 6E PROMPTLY SATISf1ED AND DISCMARGEO OF
RECORO AND THE ORIGINAL OFFICIAI DOCWNENT (StiCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SA?ISFACiION PAfER OffICIAIIY ENOORSED
OR CfRTIiIED) SHAII !E PtACED IN THE HANOS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AfTER PAYNIENT; ~nd in tiw evem tMt u~y ttwrwf ia nor
paid, sar:~fied ~nd diuMryed ~a:d MORTGAGEE may ~t •ny time pay tl~e same a any part thereof without w~ivinp o~ effectiny a~y option, li~n, eyvity w
' •iqht under w by virtw of thK mortyag~ and tM full amount of e~ch and every wch paymeM shall be inrnediattly dw ~nd pay~bl~ and shall b~ar iM~rqt
_ i.om the date th~rwf umil paid N rde of n~ne per centum p~r annum • ~uch int~~li be secur~d by tM Iien of th:s moryta~.
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