HomeMy WebLinkAbout0552 • i~i~illg
~ ~
TNIS INOENTURE. M~d~ th~ 2nd d+y of ~Y l. ~ ~ ~ . A.0. 19t.-72.. b~twMn
g~~,.,~ L.. Starnes ~?nd GYace B. Starnes~ his Mite ~ '
T
of St • LL1C ~@ Cp~nty Fiaid~, INninthM dNipnst~d q tM "MORTCiAGOR." and fIRST fEDERAI SAVINGS AND IOAN
I?SSOCtAT10N OF FORT PIERCE. ~ oapo.ation ap~nis~d ~nd ~xistlnp und~ tM laws of tM Unit~d SqtN of Anwrka ard h~vinp iM princip~l pl~ of
bv~w b tM Ci~y of Fa1 Piaa. St. luci~ County. Flaid+. hu~inaha dKipeNtd a~ 1FN "MORTGAGEE'
WHEREAS tM NIORTGAGOR h~atly ind~bt~d 1o th~ MORTWIGEE in th~ wm of i 8a~~~ '~ood and lawf~l monsy of ih~ United
Sut~s advanced by tM MORiGAGEF urito th~ M10RTGAGOR, u ev~~c~d by a catain promi~ory nott of ~VM tlilf F+K~witb, of which the folbwinp te
wotda and fipw~s h• trw copy. to-wih
= 8,500.00 ~ 3-18,295 ,
• Fon P+.?a.. F+atda,. - MAY 2i w 92
~ fw value receivad. 1, we w eithe~ of us, promis~ ro pay, without d~fafcation, ro tM ordK of FIRST fEDFRAI SAYINGS AND LOAN ASSOCU1110N OF
y~ FORT PIERCE at iwt Pie?c~, fiorids, tM wm of ~ 8~ with intq~sl fran d~t* ~t tM rab of ~ pK +nnwn. in narNhly {nstall-
~ rr,enn as fottows: = 70•~ on tM 1St d~y o; J~Y 19 72 ~nd ~ lik~ swn oe th~ cwnspondinp d+r of ~sc6 month thtrr
~ after ~mil the whole bt fully paid.
~ E~ch inital4nent first sh~ll b~ • I~ad ie
~ pp ' paymeot of th~ inteiest a?d then on tFK unpaid b+lance of tM principal wm. If d~uh k made In th~
y payment of aey initallmant when dw. u~d such defavlt continues 3p days, then a! 1F~ option of tl+~ holde~, u~d without any other notic~. al! tM rem~ininp
~ insqllmenb shall be dw and p~yabl~ at once. Priviley~ is piveo ro pr~Y tha noN in whol~ w in part at any tims withoul perwlry. ti~hFMr tonbaarancs,
~ nw saeptanc~ by the holdsr theraof afta~ sny defauM in anY p~Ymeros hareon. sMll b~ dea+ned ~xtenaion. A late p~y~nent chu~ of ~ 3• ~halt b~
added to sach ir?itallrt~snt remaininR unpa~d ~ days ~iter its c~+ .iai~, ai~ :::~c s::.:. «a!~ we e•!~ •a r~!~r s!~sh Lutallm~nt r~mainlrq ur~W 7 days ahtr
1 each s~rtceedin4 WY~~ d+te.
Each m+ka, wrety ud endor~ Iw~wf, ioiMly and ssvKally, wirves demx?d. p?eseMmaM protest aed mlic* of protest fa nonpaym~nt, ~nd furtlwr
~ agrees ro any extension of tune of payment, either befu~ or aher matvriry, without noticf w a~y of us; and to pay all eosri of cdlection, includinp •
~ reasonabk attoraey's fiee in th~ ~wnt of ~ny default herwnde~. ~nd Mreby severally waives all b~nefit of hoenestead ~nd ~xtmpfan u~d~r tM caatitWioo
. and laws of each State of th~ United States, u sysinst this oblipation w ~ny exteesion w ~enew~l her~of. ~
Witness tM hard snd seal of each paNtr.
5/Bdxsrd L. Staraes
~ ~U
~ (SEAU
~ S Grace B. Starnes ~
~
~ c $12.75 ~ Sr,» Rever?w
NOW, TFtEREFORE, tM lNORTGAGOR for tfie pwpo~e of secvri^D WYment of aid swn of ~ 5~0 .OA ~nd tM pafwm~nc~ of th~
cov~n~nb aod apr~emenn hsrein~her ~xpressed. ~nd for divers pood ~+d valwbl~ comidewtio~s„ by Nr~ prosarNS, does praM, b~roaia, sdl, remise.
?eleas~. conwy and aonfirm w?fo tht MORTGAGEE, i1s waesson u~d sssiyns, dl th~t cMak? lof, pi~u w puul of land, titwf~, lyinp, ~nd b~kg in tM
ca,nty of St . LUC ie , and sta» of Flwid~, d~auib~d a fo{lows:
t~est 230 feet of the Sast 369 feet of North 135 feet of South 165
eet of Tract 124 GARDSN CITY FARt~lS SLBDIVISION~ Plat Book 2~ page
5, of the pub2ic records of St. Lucie County, Florida
~
STATE oF F1..ORlDA -
~ a- ~UM~j p" STAMP TAX ~
~ 2 - . '~.S -
= Mr-~n ~ I 2 7 5-
_ _
yi u enr.M a~ - .
P.$. ~to~~t ~ - ~ _ c ti
IM PAr11ENi' ~ T~B
a~ or~ a~ss ~c n~t~e~ ~ ~nR
Pu~:sy,iwT ro cwwr~ ~i-i~: ~rs oF ~s~~.
/~,~py R06EtR Pa1TRAS~yy~ rl ~
j Y~nYVI~ YVU~{~~ H~. L~NK Wy ~y~ "
i
~ toy~rhn w~th dl and sinpubr the t~rKm~nts. F~aditamsnb and ~ppvnanns tMrwmo b~lanpinp a in anywb~ ap~t~iniep 1F~eto, and ail rmts. hura.
! proc~edt uid profid aconrinp and to ~ccrw from said psmi~a, alt of which ~n inchrd~d in the abow and for~poinp dnuiption and h~bKidum.
~ TO FiAVE AND tli HQLD the ~bov~ dewibd and ~r~nhd prsmins umo t!r a~id AAOR7GAGEE. iri woo~swn and mipm forwM. Md tiy ~aW
~ MORTGAGOR fw eir heirs, executw~, admini~trafors and as~i~% Fw~bY oowrn~ma with th~ s~id MORTGAGff, iu aioaston and ~ssiprN,
rMt th~3~- ~e fawfuly s.e:ed of th~ s+id pranis~s in fM simpt~s that th~ s~rn~ ~n frM, d~a and ~chrq~d froin dl li~ro and ~ncvn~
brancei b law or ln ~qtrHY, and th~* tt!@Y will and the ir .h.n w.~..~r .~,d d.r.~,d mk a~. um. w th. ww
MORTGAGEE, its svoass«s and assipm, fwwer p+iiat tlr lswful cl~kna and d~m~nds of ~(1 pKwmj
PROVIDED. AIWAYS th~t if tlw MORTGAGOR shall p~y w+to the N~ORTGAGEF th~ promiaory rwt~ Mrtinb~for+ dpvib~d ~nd ~h+ll mdy, prompfly
~nd fvlly PKfon~, c1iKh~r~. ~xscut~, comP~~. ~^P~Y with and abid~ by ssd~ and w~ry th~ stipul~tiorr, apr~t+, t~ditioas and aovawnb of ~aid
promis~ory ~o» and of this Matpa~, tMn this Mwtp+p~ ard tht &tat~ husby wat~d ~1 aaw and M null and void.
~t ~s urroER.ttoo~ +fi.t th. wwd ••N~o.tp+~' wh.rM. in +h. .ie~p~t~r « pluw~ «iyM,h... tn tN. Morep.0., .b.n b. .inpul,. ii oe. a~M •nd
sf+all 6~ plwal joimiy and aeverslly if ma~ Mwn on~, and tMt th~ wad "th~ir" as w~d whrMA~~ in this Ullort~apt ~I»II b~ tak~n ro aN~n "F~is,° "Mn,"
I w'its." whuev~ tM corN~nt ~o implia a admiri. Abo, tMt whKrwr tha~ b~ nfK~na in th~ oowMnri ~nd apnanMM Iw~in aoMaimd to any of
th~ {wlia Mr~to, the sarrr ~hall b~ comhwd to mtan ~s rwil a tlw INin. bpd rrPns~n?~i~w, a+oaswn and atlprr (~itl»r volw~bry by ~ct of ttr
j putia a kwolunful~ bY cipK~tion of th~ law) of th~ saene and th~t tM oovenw+» hK~in aont~in~d sh~ll bind and tlw b~fits ~nd adv~ntsp~s kwr~
i to th~ rppKtiw I+~in. Ipd nprttamativa, wa~s~ors and aa~ro of th~ parti~s I»r~to.
' Md said Nlortp~pors, fw tMmstlws and tl~eb hexrs. Ig+l repraent~tivp, woaswn rnd usipro. MrebY ~oiMIY and ~wrally oownw~t ~nd apne
~ ro snd wirh rh. ~+kl AAORTGAGEE. ;a wcussors .nd •ugro:
~ 1. To pay ~11 and sirgular the prinapal and im~rea and the various and sundry swna of mo~y p~yabl~ by virtw of said
4 mo~tqaqe. ~ach ~nd s~y. P~«~Mh on tM d+YS ?~PKtiwh? tM ~aem sw~~allp b~can~ du~. aO1"~y rat~, and tF~is
f 4. To pay ~11 ~nd sirgvlar tM taxa, assesunenb. Iwi~s, li~bilitia, obliparion~ and ~na~mbrana~ d ~vKy nat~,r~ and kLd now on ~aid d~wlb~d
ProP~W, or that husaftar ~nay b~ impw~d, svffa~d. P~+ad. Irvi~d, w as~s+~d H~~oe. or tlwt Iwr~afN? nwy b Iwi~d or ns~w~d upon tMs Mat~
+pe, a tM ind~budnaa ~ewnd Mreby. ~ad~ aod rwrr, wMn dw ard pay+bb, aooo?dinp w law, b~fan t1+ey bacaew drl6~q~r~ea, and b~fon arry inNntt
i att~clxs a ~ny p~nsNy a incwred; ANO tN50FAR AS ANY tHfREOf IS OF RECORO iHE SAME SFIALL 6E PROMP?lY SATISFIED AND OISCNARGEp OF
RKQRD M1D TME ORICsINAI OFFICIAL OOCUMENi (Sl1CH AS, FOR INSTANCE, ?HE TIU( RECEIl~T OR tNE SATISF/1CTION PAPER OfFIC1AllY ENDORSED
OR CERTIfIED) SHAlI !f PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NfXT AfTER PAYJNEMTs and in tM ~vsnl thN ~ny tlwrwf is no1
( p~~d, sat:sfied and d'acharged sa;d MORTGAGEF inay at ~ny time pay tM sam~ a~ny p~rt th~reof without waivirp a affectinp ~ny option, Ikn, puiry-or
~ipht ~?nder or by ~ivtue of this mwtyape ~++d the fvll amount of each ~nd wery wch paym~m ~hall be M~rmdi~trly dw and payabt~ ~nd shafl bw im~rpt
f hom the dat~ the~eof u~til psid at r~te of ~~ne per centum p~r ~rw~wn u~d t~opNher Owi ~ int~rnl shdl b~ s~cw~d by the IL~n of th:s n+orptap~.
$OOK~~rVi. ~ t;~
- - _ _
_ . _ ~