HomeMy WebLinkAbout0688 ~ ~9~,93 ~ ~ ~ . , ~ .
~l { `
TM~s i~~~. M.d. 9th ~y ~ ~Y • n.c. iv
~a~ b.+w.«~
Codv L. Bailev and Caro1~AL Bailev. his wif _
` . -!t- . . ~ ~ . -
of St• L1~C e • ~~{Mfiw d~sipewhd a 1M "NWRTQAGOR," ~nd FIRST FEDERAI'.S/\VI~~AND IOAN
ASSOCIATION OF fORT PIERCE, ~ oorpar~tion orpanir~! ~nd txbtinp widK tM I~w~ d th~ UNbd St~t« of Mwics and h~vkq Ns 1 plaa of
busM~s in th~ pry of io~t Pi~rai. St. lud~ County, fbrWt, lwninsha dKipn~»d a th~ "MORTGAGEE."
WNEREAS tM NIORTGAGOR N jwtly ind~bNd to 1h~ MORTGAt;EE in th~ swn of ~ 1~8 ~0~• ~ ~ 9ood ~nd I~wful mp+~y of th~ United
Sqt~s advanad by th~ MORTGAGEE uoto th~ MORTGAGOR, as ~vid~noed by • prtain promissory noM of ~wn daN h~rwvith, of whieA tFw followinp !n
words .nd_ fiQur Mu. co~Y. bu,if: 3-18 32a
~118,000. ~ ~
w.~ w.~., ~«w., ~''~y 9~ 19 ~
' Fo? v~lw nc~iwd. I, we w ~itFw of us, promisa to p~Y. without d~f~katioo, to tht wdK of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pi~ra. Fbrida, tM sum of ~118 ~ with intKpt froen dat~ ~t tM r~h of 7l,..2~ pu a~nwn, in moMhty Gqtail~
menn as followr. t 853.00 on th~ day of .~~v . 19~ snd • lilc~ swn an th~ oarppond'u+p day of ~ac~+ mw~th thNr
after until tM whol~ b~ fu!!y psid.
Each insr•Ument fint ahall b~ applied 'en piyment of rh~ int.rest and tMn on tM unpaid b~lu~p of tM princip~l swn. If d wh b m~d~ in tM
Paymsnt of ~ny i~ntat4na?t wMn dw, and wch defauh continues 30 days, then at th~ optan of tM lalder. ~nd without ~ny otMr ootiu. a(1 tM rfmsininp
instal4ner~n shall be dw and p~yabts st once. Privilp~ is ~iwn 1o prt~ay thq ~ots iy who7~ cr in pirt ~t ir?y Yrme without p~n~lty. N~ithK fat~bsaranos,
nor aaeptu~a by tM hold~r th~reof ah~r any defavh te anY piym~ts hereon, ~II b~ de~med ~xt~nsion. A I~te p~ym~nt chuy~ of ~'42 ~ 65. shall b~
added to each iastallernnt r~msinirg wy,uid 7 days aff~ iri dw dat~. and a like wm sMll b~ ~dd~d w esch such inst~llm~nt nmaininp wipaid 7 d~ya after
~ ~0 P+Y~?t d~t~. '
Each n+ake~, swety snd eatlase~ heraof, iointiy and severally, waivp d~mand, pssentment protest ~nd ratiq of protast for nonpaymant, and fu~ther
sgraes to any ~xten~ion of time of paymenL eithar befors w ~h~r matixity, without noY~u to aoy of vsj and to p+y all cosb of cdlectan, krclvdinp a
reasonable attaney i f~e in ths went of ~ny defavlt henunda, ~nd Mnby sevenity waives ~II b~mfit of homestead and exsmption w~d~r th~ caatitution
and bws of each Stat~ oi th~ Unit~d Sts~es, u ~ysinst this oblqation or a~ ~xten~ion ar ren~wal htnof.
Witness the hand u+d s~sl of esch p~rty, ~
' S/ Cody L. Ba?iley ~y
(s~?U
S Carolyr~ A. ley ~
~ $177.00 ~ sr,a R.w+~~. ~
ls+.np~ wea)
NOW. THEREfORE. th~ MORTGAGOR fw th~ purpw~ of Ncuri^D P~Y~+~ant of aid wm of x 11B ~ 0~~ ~ , ~nd th~ puforen~nos of th~
covw~+ts and p~~em~nb Iweinaft~r expressed. a~d fa divKS ~ood and valwbb consld~ratio~q„ by tlw~ p~tt~?ts, dws praM, bup~in, s~ll, nmise,
relsas~, oonwr and oonfrcm unb 1M MORTGAGEE, Na wotessors and assipns, a11 tMt awuin lob pieo~ or pupl of i~nd, ~itwb, lyi~g, ard bein~ in th~
~~y _ St• ~.1iC~@ and Stat~ of fbrid~, daa~d a follows:
I.ots 12, 13~ 14~ 15~ 16 and Lot 17 4BSS the North 44 feet of Lot 19~ Block 50~
AND AL9~ Lots 8, 9, 10~ 11~ 12, 13~ 14 and 15, Block 1C, all in SAN LLICIS PI.AZA~
Unit ~l, aa~ per plat thereof or, file in Plat Boak 5, paye 57, Public Records of
St. Lucie County, Florida,
This is a second ~ortqage being junior and
inferior only to a prior tirst aortgage fraa
aortgagora to aortgagee d~?tecl Maacch 17~ 1972,
and recorded in O. R. Book 200~ Page 2287, of
the Public Records of St. Lu~cie County, Florida.
,
~ STATE ~pFLO-RIUA SORI Ux- ~ p
c~ ~ DOCUi~IENTA STAMP TAX . R6~N~ IQ MYYpri OF TN~Et
~ z = i' 1 = OtE ON p/l4S ~C' NlTAN6tBLE PER901U11. PAOP9tlY,
nAriorn - - 9 7 0 0=
~ ~ = 8 0 0 0= _ Pua~w~r ~u ar~m n•p~
S OF Iy/L ~
u~ air.or a~t?aK = ' ~ fXERI( GRq11T COURT. ST. WC1E 00, flA
P.B:,so~ .
rcy.+~,.. wnh ,n .oa .ino~la. r.n~m.nn. Mr.da.m«m «+a .vpun.nus fh.nunw b.iony~np or in .nrM?t.. .pp.rt+wrg tMr«o. .na .~nf~,, aa+a.
proc~ls and p~ofin aarvup a~d to +ocrw from said pr~s, all of whkh an includ~d h tiw abov~ and iwpoiig dNViption ~nd h~b~neluin.
TO HAVE AND TO NOID the abaw dacribd and pwnt~d prsmis~s umo fh~ wid MORTGAGEE. ks wocasors ~nd anipn~ forww. Md tM wld
MORTGAGOR for ~Bil' h~irs. ~xecuton. ~dminisn~tors snd ~ssiper, iwnby aovawMS wM~ th~ wid MORTGAGE~ ib wocMSOn and ~ipny
rhst thei~- a~'B lawfully s~ized of the said pruni~u in fN simP~~s tfwt tir ~aen~ an fn~, ciw~ ~nd di~clrrp~d fran ail li~nt and ~
branas i~n bw a in puNy, and th~* theY wiN and their lwirs shall w~rrant ~nd d~i~rd th~ title w tM sanw to th~ raid
MORTGAGEE. ita aucas~ors and aai~% for~wr ayainat th~ lawfui d~ims and dwn~ds of ~II pKtoirs
VROVIDED. ALWAYS tirt if ti~ JNORTGAGOR shall pry urNO fM MORTCsA(# tl~e prart~N~ory no» hertinb~fon dav~d and ~Iwll t~uly. P~~11
~nd ivlly P~rfonn. d'ach~rp~. ~x~art~, aanP~~. ~P~Y with ~nd ~bide by Ncfi Md wKY th~ stiput~tiona. +yr~q„ oond'alons and oovw~arMs of a~id
promissory noh wd oE tl~b IIAo~tpap~, tMn tNs MortQay~ u~d th~ btat~ Mr~by a~atd dwil cww and b~ null and void.
!T IS UNDERSTOOD tlMt tM word °Mortp+0or' whetMr in th~ sinpular w plwal anywh~n tn tl~is Maq~pt. ~il b~ sMpular if on~ oely ~nd
{~fi~) ~~Yt~ i0~111~ ifld N'v/f~~~ 1f 1110f~ t~1M1 OfMI M1~ t~N1 1~N WOfd °t~ll~' q{I~td af1yMl~l~f~ ~fl 1hM MOft~i~~ ~~~11 t0 111lMI ~~+1~.~ ~7Nff."
Cf ~~b," W~IMl~IN 1~N Cp11N[f ~0 ~jlf M i~1~111f. ~~0~ f~lit W~N~lVM iFlMf ~t. ! I~fKMLI~ ~fl t~N OOV~I1MIb Mlf~ gf~MIN1~}! fNfl~II COIM~~fMd ~O NIy Of
t~N pif}N! ~MfNO. 1~M !MM ~N~~ b! 0011~ifWd /0 IMifl q Mf~~) N t~M ~Mlft~ ~i~ F~fMNM~f~YM~ NI00~lfOfi Md aM~IM (l~fF1~/ YO~WItMy ~«1 Of i~lf
P~A~q 0/ WhIOkNN~ ~ O~~~tIW1 Of T~I! ~iMl~ Of t~l! iY1N ifld t~Mt i~N COWfNflb ~1Ml~II OOIIf~~11ld f~M~~ ~fli~ ~fld f~M ~flf~! Mld Id1I1f11~~ ~1MIf~
ro thr rup~ttiw h~es. I~p+l npns~nuthr~s, wocesson w~d aa~ns of th~ partiM Iwe/o.
Md said Mor~p~pon, fa tMmwlws and fl~ h~s. ~epal nprw~nt~tiva„ woon~on and ~+sipM. henbf~ I~~I? ~nd ~evM~lly aowMnt and apr~
to and with th~ ~id IYIORTGAGEE. its woaswn ard assipm:
1. To pnr dl and sinpula~ th~ prinapal aed Yn~rat and tir vs~ious and ~widry wms oi mo~y p~yaW~ by virtw of wW p~anissay nof~ ad tM~
ma?o+p~, wch and ewrp, panpth on th~ d~n rwp~ctiwy tM s«?w wwr•ly b~oonN dw.
To ppr aN and ~iig~rlar tlw tax~s, aswsuna~ts, i~vi~a. liabilitia. oblip~tiom ~nd ~ncumbr~eas d rwry rwh+r~ and kind naw on s~W dwatbd
p~op~rry, ar tM~ huaf~ nMy b~ M~poMd, auffa~d. P~+~. kvi~d, a a~wsNd tMnon, a tMt l~fw mnr b~ twi~d a~uMwd upon thit Mat~
ap~, a tM IndrM~ wa~nd Iw~~by, euh and ~wry, wMn dw r+d payaW~, aooordin0 w bw, b~fa~ tl~r b~eoen~ dtlinqw~M. ~nd b~fon arry inl~nq
~naches a+^Y P~++~~Y b innrrnd: ANO INSOFAR AS ANY THEREOf IS Of RECORO iHE SAME SW1Ll dE YRWNPTLY SATISf1E0 AND DISCNARGED C1F
RKORD AND TNE ORIGINAL OFfICIAt OOCWNEM (5t1CH AS„ FOR tNSTM1Cf. THE TAX RKflM OR 7HF SATISFACTtON PA?ER OFFICIALIY EFWORSEG
OR tERTIFIED) SHALL dE PLACEO IN THE HAN06 OF SAIO MORTG/WEE WITHIN TEN pAYS NEXt AFTER ?AYMENT: and in th~ fwm th~t ar~y Mwr~oi t~ eo1
paid, sat:sfi~d and dFselarp~d said JNORTGAGEE ma~r ~t any ti+n~ p~y tM s~ or any p~rt tMnof vrhhout waivieg or ~ff~eti^0 +^1~ ~p++. ~W a
~toM vedN w by vinw of this mo.tyaps and the fuil arna,nf of ~ach and ewry wd~ p~ymN+t ~11 b in+nNd'vttly dw and paysbb ud fhall bw M~tK~st
~ran th~ daq tMr~of unNl p~id ~t rate of nirM p~r c~ntum pK axwm and wpethK with wd~ iMN~st ~hali be MnK~d by th~ li~n of MFs morotap~.
soac~ ~ ~
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