HomeMy WebLinkAbout2668 ~~v i iV
JNIS IN~FNTURE, lN~dt th~ ~7th day of V ~r~~ ~~~.t A.0. •19~ between
James F. Narmon an~ Reather J. Harmsn, his ~rife
of Sti• I~1C~P Co~nty Florida, htninait~r dsign~red as th~ "MORTGAGOR;' s~d FIRST FE~ERAL SAVINGS AND IOAN
ASSp~IATION OF FORT PIERCE, a co~por~tion uy~n~zed ai+d exisrir~y u~da tF~e bws of ths Un~ted Stu~i of America ~nd Mvin9 its principal plac~ of
buu~u in tM City of Fwf PiKC~, St. lvci~ County. Florida, harsinafter defiypaNd aa' th~ "MOoRTGACEE." ~
WHEREAS tM MORTCsAGOR i~ juitly indebttd ro the MORTGAGEE in the sum of s- Lf~~•~ , good and lawful money of the United ~
Srates advanced ~y the MORiGAGEE unto tM MORTGAGOR, as evidenced by a tertain promissay note of even date herewith, of which the iollowinp in
woA;oa~:iyuret is a trw copy, to-wit: ;
S~ ~ N, 3-~ 8, t 32
Fwt Pi~ru. Flwida, March 2~ 19~
Fw value receivcd, 1, we w either of us, prom~se to pay, witFw~t defa~catio~, ~o the order of FIRSi FEDERAI S.A~Vt~NGS ANO LOAN ASSOCIATlON OF
fQRT PIERCE at fort P1ierce, Fbrida, the ium of s l~~Q•~ with interest (rom date at the rate oF 96 ptr annum, in monlhly install-
~nenfs as foltows: S~l-~ on the day oi J~~-v , 19~_ and a like ~um o~ the carespond~np day of each mw~th tMrr
af~er vnti) the whole be tully p~id.
Eath installmeni first sMll be applied in payment of the intcrest and then .x~ the unpaid ba~ance of the princ~pal sum. If d ~ult is made in ths
pavment o( any installment when due, aod such default co~tinues 30 days, then at the opt~on of the holder, and without sny other notice, all fhe remsining
;ns~allments shall be due and payabte at once. Privileye is given to prepay thit nofe in wMle or in part at any time without penahy. Ne'ther fwebesance,
nor atcepunce by the holde~ thereof after any default in any payments F+ereon, shall be deemed exte~sion. A late paymeet charge of - shall be
added to each installment remaining unpa~d 7 days aftet iri dw date, and a like sum sF+afl be added to each such instaltment remaining unpaid 7 days affer
each succreding payrt:en~ data
Eich maker, surety and endorser he?eof, jointly and sevc?ally, waivea demsnd, presentment protest and ~atice of p?otcst fa rwnpayment, ~nd furlFxr
agrert to any extension of time of payment, either before a aftcr maturity, without not~ce to any of us; and to pay atl costs of collection, includiny a
reasonable attorney's fce in the event of any default Fkreunder, and hereby severally waives a~l benefit of homestead and exemptia? u~der the conatitutan
and laws of each State of the United States, as agsinst this obligation w sny extension w renewal hcreof.
Wit~ess the hand and u+l of each party.
s/ James F. Harmon ~y
t5~?U
s Reather J. Harmon ~u
( 3 • ) Stat~ Revenw ~u
NOW, TNFREfORE, the MORTGAGOR fw the p~rpose of secvrir+g payment of said wm of E 9~~~'~ ~ ar~d the perfom~ancs of tM
coven~nn and ~reements hereinafte~ expreued, and for diven ~ood and vsluablt consid~vations, by these prese~ts, does gr~nt, barysin, sell, remise,
release, convey a~d confirm unfo the MORTGAGEE, iri succcssors a~d assigns, dl thaf cerraen iot, piece w p~rcel oF Isnd, sitvate, IyinQ, and beinp in ths
Co~nry of S.~ 7~~ r_i E? ~ and St~te of ftorida, described fallow::
The ~•7est One-Half of the folloKing:
Beginning 289 feet Sauth of the Northeast cort~er of the NF}~ of the SF34
of the SF~ of Section 12, Tamship 35 South, Range 39 East, thence run
Wester],y 30 feet to the trlest boundary of Jenkins Road for the point of
beginning; thence South 89° 29' West, 210.1~8 feet to a point; thence
Southerlg and parallel with the East line of said Section 12, a distance
of 176.82 feet to a point; thence Easter~r and parallel With the North
line of the tract herein described~ a distance of 210.39 feet to a point;
thence Northerly parallel r~ith the East line qf said Section 12, a distance
of 176.82 feet to the point of beginnir.g; the same being the T~ of Lot i
of an unrecorded plat of Henning Subdivision, LFSS the East i 0 feet thereaf
for Jenkins Road rig~t of kay,~
~
5 iAi~~ r-LOkIU!-~, a~~
c~ ; DOCUM~VTa~~~ _ STnMP 7.~ X RECEnrED iN w?r~FHT OF TAxES
~ z - - DIIE ON GJISS 'C (NfANGiBIE PfRSJ,YAI ?RO?ER1r~
~ U = nAR2~'72 , I 3 5 0= ~""T 10 l~•134, ACiS Of I971: ~
N ~~~t.~ c[rE~:ac~' _ lOGFR POIiRAS, C.xrk Grcuit Court, St. lu~ie Oo. fla.
P.B.wo~~2 -
together with all and sinyular the terrmenri, hereditamenh snd appwtances thereunto btlonyinp or in snywise appertaininq the+HO, and all renri, luws,
proceeds ae~d profib accruing and ro ~ccrua from s~id premises, all of which ue incluclad in tM ~bav: and torspoinp d~uription and h~b~ndwn.
TO HAVE AND TO HOLD th~ sbove desvibed and 9r~nted premiset unro tM said MpRTGAGfE, it~ waes~o~s and ~uipro forewr. Md tl» s+Id
their
MORTGAGOR fa 1win, e:ecuton, adminWtrators ~nd auigns, hereby caven~n» with tlw asid MORTGAGEE, its suaes~ws ~~d utipm,
rhat ~@~ a~ - lawfu)I seiud of the said
y premises in fae simple; that the s~me are fr~e, ckar and dischuped from all Il~ns a+d ~newn~
brsnces in Iaw w in eqvity, and tMt t~p will and their hein shall warrant and defend ths titl~ ro tM sar~ to th~ aid
MORTGAGEE, its succeuws and assgra, (wever ~iu~st the Iawful claims and dem:nds of all penons;
PROVIDED, ALWAYS th~t if th~ MORTGAGOR shall pay unto the MORTGAGEE the promissory not~ hersinbefore dutrib~d and tha11 tn?ly, prpnptly
end fully pcrform, d~uharye, eaetutt, tomplets, comply with ~nd abide by each ~nd every the itipulationa, preemenb, corditio~s and covenanb of said
promissory note and of this Mwtpa~e, then thh Mat~~ye u+d the Estate hereby ueated shall uas~ a~d be null and void.
IT IS UNDERSTOOD that the word "Mwt9~gor" whethe? in tM singular w plwal anywher~ in ihis Mort~~y~. ~lull b~ ~inpuiar ii ont only a~d
eh~fl be plur~l jointly snd avsr~tly if mo~t than one, ar~d fiut tM ward "the'u" as used s~ywhere in this Mortpaye shall b~ t~kan to rtwan •'hb;• •'h~rs;•
or "i~s:' wherever the context ~o implies o~ sdmits. Also, that wherever there is • nfaence in ~he covena~n and aQr~nn h~rein cw~rain~d to arry of
rhe parti~s hereto, the ~sr?N shall be co~atrued to mean u well as the hein, leyat rtpreuntatives, successw~ and auipro (eifhp volunary by ~cf of th~ ~
pa»ies w involunt~ry by op~rstio~ of rhe bw) of the same and thar the covenanrs herein contained shall bind and the benefib ~nd advantapp inur~
ro th~ respective heirs, (e9a1 repres~~tatives, successas a~d ~st'yns of tha partiss hereto.
Md uid Mwty~yws, fo. themselves ae~d their hein, 1e9a1 r~p~esentatives, wcceuws and aui9ns, hereby jointfy ~nd tew•ally covenant and apr~e
ro sed with tF~e said MORTGAGFE, in succcssws ~nd ~ssgro: ' ~
1. To p~y ~II and sinyular tM principsl and int~rest ~nd the vsridus ~nd~yndry sums of money p~y~ble by virtue of said promiseory not~, and this
mort9~ye. ~ach ~nd ~wry, promptly on tM days respectivcly the s~me sewralty betant due.
2. To pay all and sinpvlu th~ taxes. auessmenq, levies, liabilities, obligations and encumba~ces of every natw~ ~nd kind now on ~aid d~saib~d
P~~„Y, a that hereafl~r may b~ imposed, suffKed. P~ated. Itvied, or assessed thaeon, or that here~ha m~y b~ levied a u~ts~ed ~pon thi~ Mort~-
ag~, or tM indebted~ess tecured hereby. ~xA and ewry. when d~e and psyabk, accordirg ro law. befor~ tF?ey becorn~ delinqu~e+t, ~nd btftx~ ~ny tntK~st
anathes or any penalty is incurred; AND fN50FAR AS ANY TMERfOF IS OF RKORD THE SAME SHAII SE PROMPTLY SAT~SFIEp AND OISCNARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, TME TAX RECEtPT OR THE SAT{SFACTION PAPER OfFIC1AlLY ENDORSED p
OR CERTIFIED) SHAII SE PIACED IN 1HE HANDS Of SAID MORTGAGEE WtTHIN TEN DAYS NEXT AfTER PAYNtENT; and in rhe event that any thereof is not
paid, sat'sfied and diuh~iged sa;d MORTGAGEE may st any time pay the same o~ ~ny part thereof without w~ivinp a~ffattirg any option, tien, squity or
•~9ht unde~ w by vinue of this mortgage and the full amount of esth and every iuch payment shall be immed;ately due and pay~bk •nd shatl bear inter~st
~~om the date thereof umii pa~d at rate of nine per tentum per tnnum and to9etMer w;?h such ime?est shall be sec~red by the lien of th:s morytaye.
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