HomeMy WebLinkAbout1454 2256C16 b .
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THIS INOENTURf, Mad~ ths 13th ~Y of MdlCh A.O. 19?? between
Jiaimy C. Gill and Margalette Gill, his wife
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af St. LUC ]6 Cewnty Florid~, hsreinaft~r de~igaated +t the t"MORTGAGOR;' and FIRS? FEpERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpor~t;on or9~nized and exist~ny u~dx tM taws of tM UNtsd Saas of Am~rica and havinQ iri principal pl~c~ of
businsu k~ tM C;ty of Fort Piaa, S~. luci~ County, fbrid~, iartinah~~ d~ipnated a ~M "MORTGAGEE." '
WHEREAS tM MORTGAGOR ia jcntly ind~bt~d ro tht MORiGAGEE in the ium of ; 8~ 900• ~ , 9ood a~ lawful money of th~ Uni~ed
Srates advanced by ths MORTGAGEE vnto th~ MORTGAGOR, as avidenced by a culsie promisyory ~ott of aven date hsrewitb, of wh+ch ths iollowiry In
wwds and fiQurei is a trw copy, towil:
~ 8~A00.00 '~03-18~075
wn PK.u. Fi«cd.. March 13, , . ~0 72
fw val~e received, 1, we or either of us, promise to pay, witheuf defalcation, to the order of FIRST fEDERAI SAYINGS AND tOAN ASSOCIATION Of
FORT PIERCE a~ Fwt Pierce, Florida, tM sum of =~~400• 00 w;th interest f~om date at the rate of 7• 7~ per ennum, in monfhly install-
ments u fottows: = 69.00 ZSt day of May 19 72 and a like sum o~ tAe cwrespond~np day of each month ther~-
after ~ntil the whok be fully paid.
Each installment first shall be applied in payment of the interest ~nd thrn on tF?e ~npaed balance of the princip~l sum. If d autf is made i~ the
payment of any irutallment when d~e, and such default continues 30 days, then at the optior? of the holde?, and without any other notice, aH the remaininy
~nstallments sha~l be due and payable at once. P~ivilegs is 9iven to prsp~Y ihis note in whole o? in paM at any time wifhout penalty. Neifher fwebcar~nce,
nor ac~eptsnce by ths Frolder thereof aftar any default in any payments lxreon, shall be deemcd extension, A late payment charge of = 3. 45 ~
added to each instaliment remainirg ~npaid 7 days after its dua date, and a like sum ihall be added to each such installment remaininp unp+id 7 deys ~ffer
each suctaedinp payment date.
fsch maker, suren• and endorser he+eof, joinHy and severally, waives demand, presentment protest and noY~ce of p~otest fw rwnpayment, ~od further
agrees to any extensan of time of payme~t, either be(ore w after maturiry, without notice to sn~ of us; and to pay all costs of collection, includinp •
reasonable attwney's fee in the event ot ~ny defauli hereunde~, and hereby severally waivcs all benefit of homestead and exemption ~nder tFw cantitution
a~~d laws of each State of the United States, as s9ai~ut this obligation w any exte~sio~ or renewal F?ereof.
Wi?ness the hsnd and iesl of esch pany.
S~ .~lIDiAj7 C. (~ill (SEALI
csEau
s Ma al t i ~
~ S12.60 ~ State Reve~w
iSlam~p~tamii~ azo~iwd a~
NpW, THEREfORE, the MORTGAGOR for the purpose of secvring payment o~ said aum of t
8i.40O• and ths perfwm~ncs of fh~
covenann and agreemen» he?einafter expresud, ~~d for divers good ~nd wlwbb cauidentions, by these presenri, does gr~ht, bar~~in, aell, remise,
release, convey ~nd eonfirm unto ths MORTGAGEE, its succesw?s ~nd asi~gns, all thst certain bt, pieoe or pucel of (arKl, sitwte, iyirq, u?d beirg in the
~ St. 1.t1Cle a~d St~te of Flwid~, described ~s follows:
Lot 9, MELTON'S RIVBRVIEH' SCBDIVISIO?y, as per plat
thereof on file in Plat Book 9, page 43, Public
Records of St. Lucie County, Florida.
W s'ra~~ ~ aF F L O R i L~ A
~ f-}. DOCUMENTAo~..StAMP TAX
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p ^ ifiiti5'rt~ _
N V ' I 2 6 Q= 1~CFJYm i
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_ FJY ~ 1N PAYMQti OF TAX~
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f IANGtB;E PEYiSOf~ipt PRGPiRf1'`
pl:R'~fAt(i TO Ct1IWifR )1•1~1M1. JICi3 OF 1l71. /t''~
I~ R~ ~IR~ Ci~R q~mlt Q~~ S~ Wd~ 00. i3~
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rogerher with itl snd sirgvlar fhe tene.nenb, he~editaments a~d app~rtances rherevMO belongirg or in ~nywise appertai~iny ths?eto, snd all nnn, isarti i
proceeds and p.ofin sccrvirg snd to acvw from s~id premises, all of wFiKh ue inclvded in the sbov~ ~nd fapoinp description and hsbendum. ~
TO HAVE AND TO FIOID th~ above destribed and yr~nted prem%sy unto tbe said NWRTGACsfE, ib suocescon and auipm forsvtr. Md !h~ sald
MORTGAGOR fw t he 1 Z ~~~s, executors, administrston ~nd ~uigra, hereby covsnanb with the s~k! MORTGAGEE, in sua.sw.s .nd .ssip~a,
r rhat thev dZ@ iswfully ss~ed of the said premiass in fee aimple: that the aarne u~ fra, ck+? ~nd discF~u9ed fran ~II Ikm ~nd ~neunt
brances in taw or in equity, and tha~ they ~„~~p tl'lell wurant and d~fsnd tM titl~ ro t!w wrn~ to tM taW
MORTGAGEE, ib wccessori and ~ssipns, fwever pairut tFN Iawful cta'Wns aed demands of ~II perwrq; '
PROVIDED. AIWAYS that if the MORTGAGOR sMll p~y vnto tM MORTGAGEE the promistory not~ her•'Mbefor~ described and shaU frulY. P?~^PfN
and fuUy perform, dcschirye, execute, completa, comply with and abide by esch ~nd svery the stipulatioru, ~yreemeny, conditiaa and oovaunts of uid
promiasory note and of tha Matya~e, then this Nlwtyape snd the Cxute her~by vested ahall cease and be null ~nd void.
IT IS UN~ERSTOOD that the word "Morty~w" whether in tFw sinyulu a plwal u?ywher~ in this AAortya~, sFNll b~ sirguln if oey onfy ~nd
ihall be plur~l jointly ~nd ~everally H mor~ th~n ons, and that t!M word ^their' uasd anywhNe in this MafpaQ~ aMll be takan to mean •'his,•• •'h~rs;,
~
or "in;' wherever tM context w implies w sdmiq. Also, that wherever there is a reference in th~ covenanri ~nd eyraemenb herein oont~intd to any of
; fhe partiet he?eto, the same ahall 6~ construed to me+n u well as th~ hein, kyal repressM~tivp, successors and iui~m (~et!?u volunrary by act of tFr
! parties or involuntary by operation of ihe Iaw) of the sam~ and that the covensots hercin contairnd shall bind ~nd the benefits and advaM~pes Gwn
; ro the respectiw heirs. Ipal represe~tstives, successon and ass~yiu ef th~ puti~s hereto.
` And said MwtgaQors, for themselves and their heirs, lepal representativq, suaeups ~nd ~stiyns. hereby jointty a~d s~ver~tly covenant snd ~yr~e F
ro srd with the ~id 1MORTGAGEF, its succe~son and asiiy~s:
1. To pay al! and sinQulu ths pr'mcip~l ~nd interest and tM wriovs ~nd sundry sums of mon~Y paYabb by virtw of said promiuory noM. ~nd tha
mortpape, each and ewry. promptly on ihe days respectively the sam~ sewrally becorr~e dw.
2. To pay all ~nd sir?9ulr tM tsxes. ~sseumenn, levies. liabilities, obliyatiorq ~nd Mcumbrsr~s of every n~ture and kind now on said d~suibsd
P?aPe?tY. w that Iwre~her maY bt imPosed, wfferea, placed, levied, a ~~sed theraon~ a tt?~t F~ereaftN may be levied a asessed upon thi~
+ge, a tM indebtedrKU aecur~d hsreby each ~nd ~v~ry, whei+ dw ~~d payabl~, accordi~p to I~w, befor~ they become delinqvent, ~nd b~for~ ~ny im~pt
attaches w any penaltp it incvrred; AND INSOfAR /lS ANY THEREOF IS OF RfCORD THf SMAE SHAIL 8f PROAMiLY SATISFIED AND DISCHARGED Of
RECORD AND THE QRIGlNAI OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR TNE SAi15fACTION PAPER OFFICIAl1Y ENDORSED
OR CERTIFIE~) SHALL 6E PUCED IN THE HANDS pf 5/11D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the eveM thst any thereof ~ no~
pa~d, ut~sfied ~nd dischar9ed sa:d MORTGAGEf may a~ any time pay the swne or ~ny p~rt thereof without wairinQ w affectinp any optwn, lien, puity a
•~qht ur?der or by virtue of this mort9a9e and tha full amount of esch snd erery s~c1+ payrrKM shall be immediately due ~nd p~yable a~d fMll b~u iMerqt
~•om the dste thereof until psid at rate of nine per centum per annum a~d toqether with s i~e~ I be sec ed r lie~ of tb:s mwytap~.
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