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HomeMy WebLinkAbout1730 229~8'7 THIS INOENTURE, Nbd~ th~ 19th day of ~y , ' . A.D. 19_ 72 benaN++ --~s-T--- Ja~es C. Hester and Mabel A. Hester his ~rife ' of t• LLIC e ~,ry pa~ ~~~ft~ ~~MMd u tM "M00.~T(3AGOR." ~nd FIRST FEDfR/ll SAYIMGS ANp IOAN ASSOCIAiION Of FORT PtERtE, ~ oorporation orpaniz~d and existinp unda tM lawa oi tM Unit~d Stat~s of Mntriu ~nd Mvinp it~ princlpal plac~ of bu~s in tiw GIry of Fat Pi~rp. St. Luti~ Counry. Flarida. htt~inaft~r dKipMbd a tM "MORTG/1GEE." : WHEREAS IIN MORTGAGOR is jwtly ind~bqd w th~ MORTGAGEE in tM wm of ~ 4 i -~ood aed I~wf~l ma~ey of the Ueited ~ Sr~bs advanpd by th~ MORTGAGfE un~o th~ MORTGAGOR, u widsnced by ~ art~in promitsory not~ of ev~n daf~ hHwvitb, of whkh th~ tollowinp in ~ wads and fi~urp b a trv~ copy. to-wit: : 4,OOO.oo ~ 3-18,382 Wrt P1KC~, FIaWi, May 19 1972 ror wiu~ ~ece:.~. i, ..a c~ s:::w: • i•~•~ a.f.4a~:nn_ ~o iMs ordK of FtRST FEDERAL SAVINGS AN~ LOAN ASSOCIAiION OF ~ FORT PiERCE at Fort Pierce, Flwida, the sum of s 4~~• w;th inre~est from date at the ?ste of •~~jf. per annum„ in ~nonthly insbll- menrs ~s follows: = 33. a.l ~ t~ 1 St ~Y o f .~Lily 19 72 snd • lik~ sum on ths correspondinp day of e~ch month tMr~- sfte~ u~til ths wlwN be tuliy p~id. Esch irutalimK?t first ihsll be applied in payment of the interesl and then on tM unpaid bsisnce of tM princ~pal sum. If d sult is made in the payment of ~ny insuilrt?ent when due, s~+d s~xh defautt continues 30 days, thee at tf~s option of tFie hotde~, a?~d without ~ny other notice, ail the remsini~g ~nstsllme~ri shall be dw ~~d psyabls at once. . Privileye is yiven to prepaY this note in whol~ w in psrt ~t ~ny Y~me without psnalty. Neither foreb~srancs. no~ ~cc~pts~ce by thc holder tF+Keof after ~ny default i~ any p~ymems hereon, shall be deemed extension. A I~ta payment thar~ of ~ 1• 6S, sMll b~ added to each irotallment ran~ioinp ~epaid 7 days aftK ib dw d~it. ~nd a tike wm ihsN be added to each such i+~stallma?t ransininp unpaid 7 days after each ttKC~adio9 P+Yment dats. E~ch rn~ka, sur~ty snd endora~? hereof, jointly and sev~ralty, w+ives demand. presentment protest snd noY~ce of protett fo? nonpayment, end funhar agrees to any ext~nsion of t'~me of payment, eithcr befwe or ahe~ maturity, without notice to ~ny of us; ~nd to pay aN cosn of collection, includ;rp ~ r-asonable anw~ry's f~e in the ~vent of any dcfault herwnda, ~nd hKeby severally waives all bensfit of homestcad ud exemption under tM constituYan and laws of each Stst~ of tlN United States, as against this oblig+tan o? ~ny exter?sion o~ renewal he?eof. Witness the h~nd ~nd seal of each party. s/ Jaaes C. Hester ~ ~?q s/ Mabel A. Hester ~ ~ 6.00 ) Stat~ Revenus (SEAL) (SwiwM ~ur~N~d-ow-~ori~i~aL wM~) NOW, THEREFORE. tM MORTGAGOR far N~e purpoH of secvri^0 W fnnem of s~id wm of ~ 4 s~0• ~ ~~+d th~ perfo~m~nca of tM cov~nn and a~~emenq Aarsinifter expreued, and fu diven qood and valwbte consid~?atio% by tMs~ pretents, does yraet, bar~sin, stll, remise, releaH, conver and oonfirm u~to the MORTGAGEE, its suttessws ~nd suiyna, all tMt certain (of, pieoe a parcel of land, aitwtt lyirg, and beinp in ths Counry of St . I.tiCj.@ and Suh of Fbrida, d~wiF~d p fdbws: The East ~ of Lot 8, less the North SO feet and the East of Lots 10 and 12, Block 12, MARAVILLA ?ERRACE, as per plat thereof on file in Plat Book 5, page 50, of the Public Records of St. Lucie ~vei~.tyy Flo rida , ~ This is a second mortgage, being inferior only to a prior first aortgage froa ~ortgagors to nortgagee dated Noveaber 16, 1971 and recorded in O. R. Book 197, page 1130~ Public Records of St. Lucie County, Florida ~ ~ STATE ~F FLORfUA c~ ~ DOCUMENTAo" STA~1P TAX _ vr RECEtVED IN PAYMENT pF T~XR ~ s MV22'?~ = ~ Olf e1JISS 'C' 1HTAN6IBLE PER90NRL pR~j~ 1-~ V = s Q TO C1iMTER 71-134. ACTS OF 1911. v~ acn.~cu~cw[ ~ - ROGER P01fRI1S ~~y~ P.~~~o~~t ~ C~Rq11T OOURii ST. UICIE 00` p,A, / eogeth~r wifh ~II ~nd sirgul~r the tenements, h~reditamann snd appvNa~c~s th~numo b~lagi~g w in anywi~e appsrtiu~inp tMnfo, and ~II nnts, issws, pr«e~ds and profin ~cauirg a~d to aurue from s~id premi~es. ~II of which ~n "wKtud~d in th~ ~bov~ and for~yoinp dqcription and h+bendum. TO HAVE AND TQ HQLD the ~bow describd ~nd ~aotsd premis~s ~MO th~ s~id MORTGAGEE, iM suoca~on and assipro forw~?. Md th~ s~id MORTGA~ for th@lr h~in. ~xecutors, administraton and assi~a, hereby oov~niMS wiM th~ s~id MORTGAGEE, its woo~swn ~nd ~ssipn~. that ''"ey d!e fawfvll of the ~aid Y P~~mi~s in fat simplej th~t th~ wmt an b». clsar ~nd dhcFwpd from ~II liens and ~ncwm brar~es in 1~w a w~ s~ty, and thae thE}I will and their ~n shall warraM a~d d~ftnd the titl~ to th~ ~ to the ab MORTGAGEE, its woaswn and sssiyra, forwer p~imt tF~ lawfvl claims and d~m~rw~t of all pusaroj PROVIDEO. AIWAYS th~t if tlr MORTGAGOR ~II p~y vnto the N10RTGAGEE fbe prqnuapry iwte hp~inb~fp~ dnctibd and ah~11 trvly, promptly and fully palam, d'isd~a~. ~zecute, compkte, canply with and abids by each u~d evay th~ ati~wbtiora, apr~nts, conditions ~nd aovenu~b ot s~id p?omiwory eate and of this Mat9~pe, tMn tlw Mortya~ and tM btate hKeby cn~ted ~hal! o~att and b~ ewll and void. R IS UNDERSTOOD that the wad "Mortyayor" whether in tM sinpul~r or plunl ~nywl?N~ in this Mortyap~, sh~ll b~ sirgvlr N orr onfy and shall pturd ioimty u?d sevaatly if mon th~n one. ~ed Mut tM word "their" a us~d in tl~is anyrvl~e+ Monp+y~ shdl be taken to m~an "hi~." "Mrs;' w"ik." wh~rwe~ th~ oontext w implies a~ ~dmNs. Aho, rha~ wMnre. ~her• t~ a?.f«.~a ~n rh. oow~.nn .nd apr.ans~» h.re«~ oom.tn~d ro«~y of rh~ puties her~to, th~ ~x shall b~ consnusd to mean ~s vwll a tl+~ h~irs. 1~1 rrP?aem~tiva, waussoa and aaipns (~itMr valunary by ~ct of th~ parfia or Fnvolwetary by op~ation of th~ law) of tM wn~ ~eid th~t tM eovena~?ts Mr~ eontair~d sh~ll bind ard tM b~ntfit~ and advantap~s irnx~ ro tM rs~pectiw I+~in. 1~1 ~~presentatives, waessors and ass~~u of th~ partiq h~~o, And wid Allort9~po~s, fa tF~emsetves ~nd the'a Ixi?s, (a~+l r~presN+tativa, wccessors and wipro. Mreby jointly ~nd sfwnNy oovenarr? ~nd apr~e to and with the said NIORTGAGfE, +ts succes~on and auipro: 1. To p~y aIl and w+pular tM princis?al ~d interest and tlw v~riow ~nd wrdry wms of naney p~Yabb by virtw of uid promiswry not~, and this n+wtqap~. tach and wsry. W~P~M on th~ days r~pactively the um~ sw~r.lly b~oonw due. 2. To pay dl ud sinyvfar th~ axes, ssWSxna+ts, levies, lisbiliti~s, obtipations u~d ~ncvmbnnns of ~v~ry n~tur~ and kind aow on said dncribd P~aP~Y• o~ tlut hereaft~ may be inq~a~d, wff~rd, P~+oed. Iwi~d, or ~ tiw~oe, w th~t her~~fqr may 1» kvi~d o? a~sNd upon tN~ Allorq- ap~. a tM ind~budrwss ~ecured her~by. ~ad~ ud wKy, whan dw and pay~bl~, aocordwg to law, befa~ they bacarK ddinqwnt. ~nd bdw~ any kn~ra~ attaches a anp penalty a i~cwred; AND INSOfAR AS ANY TMEREOF IS Of RfCOR~ TFfE SMAE Si1AlL 8F PROINPtIY SATISf1ED AND DISCHARGED OF RKORD AND THE ORIGtNAI OFfICIAt DOCUMENI (Sl1CH AS, FOR INSYANCE, THE 1AX RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIE~) SHAII 6E PLACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN?; ~nd in tM wMt that any thereof it nor paid, ut'ified ~nd diich~ry~d srd NWRTGAGEf may at any time pay ti» same or any pNt tMreof without waivi w affect' •iqht under o? by virtw of this mwtys~ and the full amo~?nt of eech and svs?y wd~ p+yment shall b~ inxeedi~t~~dw ~nd ~~°Ption, lien, pvily o? fra.n f}K date the+eof until ~Y p+Yablt ~r+d ~Full b~at infenst ' paid ~t rste of n~~e per cent~m per ~nnwn ~nd wye~hr w~th svd~ interesr shaN be ~scwed by tFK liwn of tb:s morqt~pe. nooK2~~ PASf11'~