HomeMy WebLinkAbout2055 • - ~ 230122
THIS INDENTURE. Nlad~ th~ 19th
d+y of - MdY . A.~. 19-~ kvtvw~n
Thomas M. Cox and Louise S. Cox~ hi~ wife _
af St • ~.IICl@ ~p~~y fluida, Mt~in~fta d~sign~ted at tM ''MORTGAGOR," ~rN! FIRSt FEOERAI SAVINGS AfVD tOAN t
ASSOCIATfON Of FORT PtfRGf. ~ oorpor~rae oryuused and e~c~~~i,~q voda tM laws of tM Un~r~d SatN of AnKrk~ u~d Mvinp iri principal pl~ of
bu~i~ in th~ City of Fat PiKU. St. luci~ Couety. Florid~. hartin~h~r daipeabd u fM "MORTCa/?GEE."
WHEREAS th~ MORTGAGOR is jvstly ind~bt~d ro tM MORTGAGEE ta 1M sum of ~ 1O¦ O0 good and lewful money of the Un~ted
StatK advanced by ths ~.;~TGAGEE ~nto ths 1NORTGAGOR, as evide~ced by • u.tain promissory nole o( even date herewitb, of which ths followinp in
wadt ~nd fipurq is a trw topy, lowit:
=10,500.00 N,3-18.384
~ Fort PiKc~~ Flaid+, Md 1 19~_
For value nceived, 1, we a eilher of us, promiu ro pay, without def~lcaiion, to ~he or~ 4f fiR~T fEDER~l4 SAVI~iSANQ IOAN /1550GAT10N Of
FORT PIERCE at Fort Pierce, Florida, the sum of =~0~~.~~ ~ 57 7~(, pe~ y i~?s1a1M
with intersit irom d~te at the raN of • annum, in monthl
ments ~s fotlows: _~7.00 ~ tM 1SL ~Y of .)111y . 19 72 and a lik~ sum on th~ correi~w~dinp day of each month therr
af~er until the whole be fully paid.
Each insullment firit shall be appGed in payment of the i~terest and +hen on the w+paid b+lance of the princ~pal sum, tf d sult is m~de in the
paymcnt of any installment when due, and such defwlt con+~nues 30 days, then ~t rhe optix~ of ths holde~, and w)thout any otMer ootice, all the remaininy -
;nstallments shall be dw and p~yabla at once. Privileye is given to prepay tha note in whol~ or in paH ~t ~ny time without penalty. Neither forebe~r~nte,
nw acctptance by the holder thereof after any defauN in any p~ymenq hercwn, shall be deemed extention, A(ste paymeet charge of = 4. 35~ shall be
added ro each installment remainirg u~paid ~ days after in due date, and • like sum shall be added to each such installment rsmaininp vopaid 7 days after
each uxceedinq payment date.
E~ch maker, w~ety ~nd endoruv hcreof, jointly e~nd severally, waives demand, presentment protesf ~nd notice of prote~t fa rwnpsyme~t, and further
agrees ro~ny extension of time of payment, either before w afre~ maturity, without notice to any of us; a~d to pay all cosb of collection, includ'+np a
reasonable artwrxy's fee in the event of any dclault heraunder, •nd hereby severally waives all benefit of homest~~d and exemptwn under the to~stitufion
and Iaws of each State of ths United States, as syainst this obligatioo w sny extauioo or renewal hereof.
Witness the Mnd and seal of each psrty.
s/ ?homas M. Cox ~U
(5~?U
s/ Louise S. Cox
( ~ i 5. 7 S )$taM Rsve~us
(y~ap~sw~lld~s~)
NOW, THEREFORf, tM MORTGAGOR far the purposs of iecuring p~yment of said wm of i 1O+ SO0•0O ~ and t1» perforrnanu of th~
cov~naoy and apnemsnb hersinafter ezpressed. u+d for divers ~ood a~d wlwbl~ coosider~tioea, by thq~ preaents, dees qrant, bary~in, sell. remise,
reteass, tonvty and canfirm unto the NWRTGAGEE, iri svcceasors ~nd augns, ~tl t!?~t cM~i~ bt, piep or puos) of lard, sitvat~ lyinp, snd beinp Lf ths
County of $t . 1•iiC1@ ~~nd St~tf of Fbrida, dewibed as follow~:
+
Lots 19 and 20, Block 13, REGINA PALMS S[)BDIVISION, as per plat
thereof on fi2e in Plat Book 4, page 82, Public Records af Si.
Lucie County, Florida,
~ S(~~ 1~~== r~ U 1~ f U a? r~c~ ~
c~ ~ t7vC'1N. E. i t i~1,1. I 1~'~ P T l: it QIA~S 'C 1NTAM~~ ~N P~~ ~ T~
~ - t1kY24'72 - ~IAMi TO C11ApT~ 71•]3~, ~ ~ERIY.
i,,; v = = ~ ~ ~ ` ~lE~lt C1i~f? ~ 19n~ ~ ~ `
N cE~r.nc G~::~.,,_~~~d _ R WURT ST ~~E ~
'w.
RB.i9o~~z =~.0 = ~ FUl
i together with all sod sinpular tlk tenem~nts, Mredit~menb and ~ppurt~nus therwnto b~laginp a in anywiw appertaininp tF~NO, u~d all renri, iau~s,
Proc~eds ~nd prof~n acvuinp and to ~ccrw from s~id premises, all of wFiKh oe inctud~d in the abow u~d forpoirg d~suiption and habv+dwn.
TO HAVE ANO TO HOID tM abov~ dt~nibed ~nd qr~nted premit~s umo the aaid MORTCs/?CsEE. +ts aucus~o?s and usipns for~wr. Md tM ~afd
MORTGAGOR iw the ir hein. ~xecuton. adminisnaton and ~ssipro, hereby co~v~nanq with th~ ~aid 111?pgTGAGfE, ita woc~s and ~uipm,
rhae theyt ~re ~~,,,fully uized of fM said prani~es in fe~ simpl~: that th~ s~ ~n hN, cl~ar ~nd d'adur~d from dl lie~a ~rd ~ncve?~
brances in law a in tqvity, and tl?s~. thev w~~~ ~ thelY 1Kin sh+ll wurant and d~ftnd tM titlt b th~ s~e» to th~ wW
MORTGAGEE, its svccessws and ~ssipro, forwer apairot tFw lawful claims and d~muKk of all perwrot
PROVIDEO, AtWAYS tMt if th~ MORTGAGOR sh+ll pay uoro t1+e MORTGAGEE th~ promasory rote M?~iobefon describ~d and shsll trvly, pramptly
and fully pfrForm, dixlwryt, txscutt, complet~. tanplY witb and abide by ~~ch and wery tM stipulatiaa, aprsemann, conditioes ~nd tovenanb of said
prom~ssory not~ and of this Mony~pe, then this Matyp~ ~nd th~ Est~ts her~by cnat~d sMll pa~e and b~ null and void.
IT IS UNDERSTOOD tFwt the word "Matpapor' whether in th~ sirgular a plwal ~nywiKr~ b this Mortya~, a4~a(1 b~ sirgular if on~ a~ly ~~d ~
.hall b~ plwal jointiy and ~wenlly if mon th~n oer, and that tht word "their" u us~d ~nywMr~ b this Mortpap~ iMll be tak~n ro nwan "his,•• •'h~n••
w"in:' wMrwer the co~t~xt w implies or admita. Also, iha~ wMr•v.r rhe.. h s nf.r.na in rM oowna~n ~nd ~p..an.nn Mr•in oomatn.d ro .mr of
th~ p~rtws haeto. tM s~ne shall be cor?strued to mean as vwlf ~s the htin, t~y~t npret~tatives, sooonsors ~nd ~nipns (~ither ve?vma?y by ~ct of tM
! p+rtin or f~rvdunfary by operi~ion of the law) of M» sarne u~d that ~h. cov.naen h.r•in cona~r»d ahall bMd and tM b.n.fin .nd advan~ap~s irwr•
i ro th~ r~ap~ctiw F?~irb byal r~preseoativ~s, waessors and ass~yro of rh~ putin hersro.
i Md said AAort9a~on, fw tF~emulws and tMk Fxin, lepa! r~prsaerNatiws, wousson and ~uipro. he~~by jointty ard uwrally cowMnt ~e~d pree
~ to and with th~ s~id MORTGAGEE, ita ~uctesso~s ~nd ~ssigns:
f 1. to p~y all u~d sinpular tM princip~l and inttrest ~nd t1w various ~nd su~ky tums of nwney paYabl~ by virtw of said promissory not~, and this
i matya9e. ~ach a~d wery. Prompfly on iht days retpa¢tiv~ly fFw ssrn~ s~wrallr b~can~ dut.
~ 4. To p~y aii w+d s'wgula th~ taxes, assesunenn, Iwies. IiabiliY~a, obli~tiom and Mcumbranc~s d wery natur~ ~nd kwid now on s~;d d~scribrd
M~fY, or rh~r h~rsah~r may b~ irr?poNd suff~r~ pl+c~d. Iwi~d, a a~sess~d thenon, or that h~reaf»r msr b~ kvid a aueswd upon this Mon~
p~, or tM indebt~dness aacured her~by, each and wery, wMn dw ~nd payabl~, acco?dinp to law, b~fon tMy bsoome ddinqwnt, and b~fon amr iM~?at
~ a11KF~lf Of afl~I PlMItY q 1fKVffld; ANO tN50fAR AS ANY THEREOF IS OF RKORD Tl1f SAMf SNAII 8E PRON1PTlY SAilSflfD AN~ D15CHARGEO OF
I RKORD AND THE ORIGINAI OFfIC1Al OOCUMENT (SIKH I1S, FOR INSTANCE, THE TAX RKEIP7 OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEp
OR CERTIFIE~) SNAII SE PUCED IN THE MANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tM ~ven~ th~t a~y ther~of is not
, psid, saCsfied ~nd disch_v9sd sa:d MORTGAGEE may ~t iny time pay tIM sam~ or ~~y part thvwf withovt w~ivag a affedirg u~y optioo, li~n, equity p
j •iqht under w by v'wtw of this mortg~ye a~d tl~e f~0 ~mount of each and wery such paym~nt ihall b~ imm~diat~ly dw and p~ysbl~ and shall beu intapt
~rom ths d~tt the~eof ~ntil p~id at rate of nine per centum per ~nrwm ~nd toye~hsr it t iha! ~ by tht lien of th;s morpt~.
~ BOCK~~?hl.~ ~;,l~~
ti,_ ~