HomeMy WebLinkAbout2551 '~:3047~ ~o .
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THIS INDENTURE. Mad~ th~ 2nd d~y of ~y . A.O. i9
72 bsn~rNn
John SChade and Rar~}r v L Scha~g„~ hi ~ wifa
of L• ~C @ Cou~ty ffwid~, itierrin~ftK desipn~Md aa tFr °MORiGAGOR," ~nd FIRST fECERAI SAVINGS /1ND LOAN
ASSOCIAiION OF fORT PiERCE, a oapowtion orp~ois~d and ~xistinp uaiM tM I~ws of tM Uoit~d Sutp of Mn~~ka and Mvinp its principal pl~ of
bu~ie~ss in ti?~ Ci~y of Fat PiKC~. St. luci~ Co~ty. flor{d+. Mr~1Mha daipnat~d as th~ Il ~O ~~O
WHEREAS tM MORTGIIGOR b pntly ir~bt~d W tM MORTGAGEE in ths sum of ~ ~ • - pood ~nd lawfvl ma»y of tM United
S?ates advanced by iM MORTGAGEE v~to tM MORTGAGOR, as ~videnced by • tt~tain promissoty tto~t of even dat~ Mnwitb, of wA'Kh tM iollowinp io
Wo.d, .~d fp~~., is .~?w copr, wW~~: 3-18 293
= 11.000.~00 ~ ~
Fon PA.c.. Flo.rd.. M8`y 2 ty 72
Fa valw raceivad i, w~ w tit1~ of us, promi~ to pay, withoW d~f~lcation, to tM ordK of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIl1TION OF
FORT PIfRCE at Fort Pierp, Flwida, th~ ~wn of ~ 11 +~0 with interest from d~ro at th~ r~t~ of 7a5 % per uw?wn, ~ monthty lrot~lb j
menb as follows: i~ 91'~ on tl+~ 1st day of `july , 19 7'Z ud a lik~ swn on the co?nspoedioy d~y of ~ach mo~?th therr
after ~ntil the whok be fuity p~id.
Esch uuuUment first sMll b~ appfied in payment of the interest and theo on the unpaid b+lence of tht princip~l sum. If d~vh is nWd~ In tM
payment of any initallmer~t when due, and such defauh continws 30 dsys, tha? at the optqn of tM hoWer. ~nd without ~ny otF~ar noY~, ~II th~ rem~inirg
installmenb shall be due and payable ~t once, Privileye is yiven to prep~y this ~+ot~ in whol~ a in psn at any Yu+w wittaut penalry. t~NitMr forebearanc~
nor ~cc~ptance by the holder thereof aftcr ~ny default in sny payma?ts hereon, shsll be de~m~d extMtion. A I~te paymeef d~arq~ of ~'4. S5, ~MI) b~
added to eacA i~utaltmsnt remaininp ~npaid 7 days aft~? ib dw d+te. uid • lik~ wm sh~ll be addd ro each such initallme~?t ran~ininp unpaid 7 d~ya aitet
eath sutteeding psyment date.
Each m~ke~. swety snd endorser Mrwf, jointly s~+d seve~ally, waives dem~~d. presentment p?otest ~nd notics of protest for nonpayment ~nd fwther
agrees to any extension of twne of p~yment, either before or aher maturity, withovt notice to sny of us; ~nd to pay all oosb of collectioo, includirg •
reasauble attorney i fee in the event of any default hereu~der, aod hereb~r severally w~ives all benefit of homeatesd and exemption undK tM mnstitution
a~d laws of each State of the United States, u ay~inst this obliyatioe or ~ny extH?aion a ren~wsf hK~of.
Witness the hand and ses( of each p~rty.
. (SEA~J
S O SC d@ ~U
s Fanny ; Schade
~ 16.50 i aevenw
t~enp-+e~nall~arapi~raF nor~ "
NOW, THERFFORE, ths MORTGAGOR fw ths purpwe of securinp p~yment of said swn of ~ 11 ~~0 ^ s~d tM perform~ea of th~
cov~nq ~nd ~Kmanq I~einafte? expressed, and fw divers qood and v~lwbl~ coe~sidKatio~s, by tMs~ pnssnts, doea grant, birpain, sell, aemias,
rel~ase, conwy ~rtn ypro the 1NOR7GAGEE, ita avccesson ~?~d ~ssipnt, ~q tl+~t cen~in bt, pi~p or p~roel of land, sitwb, lyinp, and beinp in tM
Covnty oF 11C1@ and Stat~ of Flwid~. dewib~d ~s follows:
Lots 3, 4 and 5, Block 16, Rt. PIERCE HfiIC~~TS, as per plat thereof on file
in Plat Book l, page 39, Public Records of St. Lucie County, Flo rida,
OR~t,tA
S i~p;; ~ ~ ~r ~it,`~`
P_~
X
•~~~T" TI?~
~ r c~oc~~ ' ~ U cF
r `l np~'i~''R f' ~''~i 1 ~ 6 5 O= Z?~ ~1P~AU~,
~ 7 - 's - I ~ ~~'C q1j~~ ~ pi 1911~ ~ ~
p ~ ~ ~Q 71.1
r c~ iT.~ ~:~'"o_ f0
a py,~eo?~z ^-r LI~ Cp,, f~
, ropetFw with ~II and suyular tlr t~narneon, hereditamenb u~d appurqnces tF~~umo b~brgNg or in anywh~ ~pp~rt~inirg flwrelo, and a!! nnts, bwh.
proc..d~ ~nd profia swuirg snd ro accrw from uid p?Nnnea, aU of whid~ ~n incl~d in th~ abov~ ~nd fonpoinp dewiption snd h~bendum.
TO HAVE ~ATe3r the abavs desaibed ar?d yranted praenitp umo th~ aid MORTQ~AGEE, its tvoo~ssors and mipns fot~vM. /1nd th~ ~aid
MORT ~/~GOR fw hein, executors, adndni~t~ators ~nd astiyns, Iw~by oovaunb with th~ said MORTGAGEQ ita suauaon ~nd a~ipr~,
that hey a re ~uly seaed of the aid pranaa in fe~ i~rnpl~t th~t th~ s~m an h~e, d~u and dbch~rp~d from all li~ns and ~ncunw
br.nc.. in taw or h eq~ritr. .na N,.t they wiu a,a their h.ir. sh.n w.n,m «~a a.f«,a th. titl~ w+h...m. w+h. s.w
MORTGAGEE, in sucoeswrs and auipro, fwwer p~inst th~ I.wful d.ims and d.~.urd~ oi a!1 pasa~sr
PROVIDE~. ALWAYS tMf H th~ MORTGAGOR shall pay vnto th~ MORTG~AGEE th~ pranitsory not~ Mninb~fon destrib~d and tMll truly, pamptH
and fulh Perioro+, disciwrpt. ~:~cv1e, tomPltte, complY with and abidt by ~ach and w~rY tM s11~wb~io^6 +p~e~n~b, oorKlitioos ~nd oown~ms of s~id
promissory not~ and of this Mortyape, tMn this Mortyap~ and tF~ Estat~ h~nby cn~t~d shdl asw and bt rwll and voW.
IT IS UI~ERSTOOD tFyt the word "Mort~spor' wMthe? in t!w sinpulat or plura! anywF~a In thii Mwtpp~ ~hsll b~ sin~ulat if ont only and
sh~ll be plwal jointiy ~nd s~wally if nan tFun one, and th~t th~ word "th~h" as w~d ~nyvvF~ea in thia Morlqa~ shall be t~ ro en~an "I~b," "Mrs;'
or "its." wher~wr the wmext w implias a dmin. Abo, that wFwrever there is a nf~r~rw in tM oo~ven~nn and pr~msnts h~rei~+ aomabNd to ~ny of
tM p~rties Iweto, tht san» si+all b~ cwatn+ad to ?r»an ~s vv~ll as th~ h~irs Ipd hpt~Matiw~, woo~ssors aed ~ssipns (sith~? voluntwy by act of tF»
paniws or krvolw+t+rY b1l oper~tion of tM law) of the um~ and tMt tFM oovanu~» har~in oom~imd sh~ll bind ~rd tM bawfits and adrantapa ir?uh
ro the r~iw FKin, I~pal repr~r?tatiws, woces~ws and ~ss~pns af th~ p+rtia MrNO.
Md s~id Atio~tp~pon, for themselws and tlwi~ hsin. leD+~ a~p?a~ntativ~s. suoas~ors and ~ssiD^~• ~~Y I~th and t~wr~lly ooven~nt and pne
ro and with th~ wld MORTGAGEE, in wa~ssors ~nd a~siyro:
1. To p~y ait and sinpular th~ princip~l ~nd intK~st and tM vuian snd sw~dry w~m of mo~Y WYabl~ by virtw of said promiswry no», u+d thb
morty~. ~atF~ ~nd wnq. P~~P~Y on th~ daYs resPKNw1Y the saen~ Nwr~lly b~caiK dw.
2. To pay dl and wgelsr th~ t~aes, ases~enenb. Iwin, liabiliti~s, oblipatiaw and ~na~rnbr~nas d~very n~tur~ and kind now on said d~w~d
P~~b, w thN ha~aftK may b~ impw~d, wff~nd, p1+ad. Iwi~d, a aass~d ti~t~on, or th~t I~ufNr mnr b~ kvi~d a ast~w~d epon tN~ Morq.
a~. a tM ind~bt~ness aarnd her~bp, sach and twry. wh~n dw and payabl~, aaadNp M(~w. b~(o?~ thty baoeru dtlkiquNn, and b~fon an~? bu~aat
anachei a any penaNy a incwred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SMAE $HALL dE PROMPTIY SATISFIE~ ANd DISCHARGED Of
RKORO AND THE ORIGINAL OfFICIAI DOCUMENT (SUCH AS, fOR INSTANCf, tHE 1AX RKEIPT OR THE S/ITISiACT10N PAPER OffIC1AtLY ENOORSED
OR CERTIftE~) SHALL df PIACED IN THE H/INDS Of SAID MORTGAGfE WITHlN TEN DAYS NEXT AFTER PAYAAENTs ~nd in tht ~wnf that ~ry? tMnof i~ no1
paid. ~at:sfied and discha.g~d sa~d MORTGAGEE may ~t a~y Yrne p~y th~ sams a a~y p~et tMr~of withovt w~hrinp w ~ffectinp ~ny option, li~n, pvify p
.iqht ~rnda~ or by virtve of this mort9sye ~nd the full amo~nt of each and tvary such payn~nt ~II b~ invned'iahfy dve aid parablt u+d ah~ll b~ar iMSrest
~rom t}~e date tF~e?eof vntil piid at rate of n~rro per c~ntwn per anrwm and topaher with wd~ int~?e~t ~Il~e ~ by tht lien of th:s mwptap~.
e~~K~-~ °"~~2~A9
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