HomeMy WebLinkAbout2557 ~ g,
astn 23?04' a5 ii ~a
THIS INDENTURE. M~d~ ~ day of .r A.D. 19_____y b~na~
Walter J. Tracy and Reqiaa M. Tracy,his xite T~,t_ Y
of St • LUC~@ ~~~y florid~, hK~in~it~r daipnrMd as tM "MpRTGAGOR," ind FIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE. ~ oorporation orpani~d ar?d ~xiuinp vndK ~M taws of th~ Untt~d St~ta of M~aia ~nd h~vinp iri p~inup~) pl~q of
businus in tM Gty of Fort PiKa. St. luci~ County, Florld+, hK~hw daipn~Nd a th~ "'MORTGAGEE:'
WHEREAS th~ MORTGAGOR f~ ~atly ind~W~d to tl~ MORTGAGEE in tM sum of ~ 15•5~•~ „ pood and I~wful ma»y of tM Un~ted
Suta ad,ranc~d by tM AAORTGAGEE w+to ths MORTGAGOR, ai ~vid~ncad by a an~in promiswry noq of ~wi? d+t~ hKwvitb, of which tFr fdlowinp i~
w«da and fipw~a b• trw copy. to-wit:
~ : 15~540.00 3-18.269
~ P~. April 25, ~q 72
fp valw r~ceiwd, 1, vw a~itl~ of us, promiss ro pay, without d~fdcation, to th~ orda of FIRST FEDERAt SAVINGS ANO LOAN ASSOCU?TION OF
v fORT PIERCE at fort Pi~roe, Nwid~, th~ wm of = 15a with inter~at fran dat~ at tM wt~ of ,Za~+~I~L pN a~r?wn, in ma+thly irat~ll-
~ 'menn as follows; ~ 146.00 1SL ~y of Ju~ . 19.~r_ ~nd ~ Iib awn on tM oorrtipa+diop day of ~~ch month tha~-
after u~til the whole be fully p~id.
~ E~ch insullmant first shali b~ applied in p~yme~t of tM interest and then on tM w+patd b~lanc~ of th~ prlncipd wm. If d wh is en+d~ In tM
'payment of any instaNmMt when dw and wch deisuN continws 30 days, 1hM ~t tM optan of tM hoW~r, and without any otMr notio~, all tM rsmaini~p
~ inatallman» shall b~ dw and pay~bl~ ~t onc~. Privilp~ is yiwn to p?~pay fhia ~wf~ in wlwl~ w in part at ~ny t~ witlw~t p~n~iry. Neitha fonbsaranca,
~ ~or sa~ptann by tM holda~ tFw~of after ae?y default in any paymsnb Mho~, sh~ll b~ de~m~d ~xtxpion. A 1~» paymaN clw~ of ~ 7•~ thal! b+
\ aCtleO to ~atn u~uaumero r~ww.~ wyri:~i i w~a aiiw .i.~z .'k.-,,:. ~:,a. r!:!:: :.'~t s~•u ••~•1..1 w. ...1. ..rl~ t~wd4n~nt run~inirw w+wid 7 d~Y? aftK
7 each succ~edi^y WYmaN d~t~.
Each make~, swety and endw~ Mrwf, jointly and sevKdly, wiiws d~mand, pros~ntm~M protest and notic~ of profest for nonp~ymN+t, and iwtlwr
agrees to ~ny extensan of tim~ of payma?t, either befor~ w aRa matwity, witMow aotic~ to iny of ~s; s~+d to pay ~II aosh of collac?ion, intl~dirg a
re~sonabl~ attat?ey's fe~ in the ~vent of a~y default hereunde?, and htr~by severally waives all b~ntfit of homestead ~t?d e:emptqn und~~ tht conatitution
, and laws of cxh Staro of t!w United St~tes, as sy+inst thia oblipation or any ~atMSion w r~ew~l henof.
~ ~tness th~ hsnd snd sesl of each psrty.
~ S/Walter J. Tracy ~
(5E/?U
~ s/Re9ina iN. Tracy ~
~J?U
23 .2 S stat~ Revenw
~ G~61i?6~(~QOCi61G~C
NOW, THERFFORE, th~ MORTGAGOR for the purpos~ of ~eewi^p WYment of uid swn of ~ 1S. ~N.O~ and th~ pNformano~ of th~
~ cown~nb ~nd a~~me~n Iwtinaher expressed. ~nd fa diven pood and valwbN taawl~r~tioro, by t~ pns~nts, do~s qr~nt, 6aryain, s~l1, «mis~,
release, oonwy and confirm unto th~ NIORTCsAGEE, its successors and suign~. ~11 th~t cKt~ln lo~. Pi~a~ c? P+ral of ~and. ~itwb. ~y'mD, a~d beiap In tM
~~h, ~ St . Luc ie ~ Srat~ of Florid~, dau~d as fotlows:
~
Lot 6~ Block ?0, ftIVER PARR, tJNIT 7, as per plat thereof
an file in Plat Book 12, °age 41, of the Publ.ic Records 1
of St. Lucie Caunty, Florida
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~op~tFwr with all a~d unpulu ths tene~nenn. M?ed'H~nn and ~ppurt~~ces tMrwMO MIonD~ p~+~Yw~ WP~+~^0 ~nd atl rMes, b~wa.
procNds snd profib acoruinp and to acuw from s+id p~emnes, all of whkh an inthid~d in th~ abov~ ~nd forpoinp d~wiption ~nd h~b~ndw~w
TO HAVE AND tQ HQLD the abow desc~ib~d and ~anted p~s unro tM wid MORTGAGEE, iM wooNwrs ~nd wipna fatwr. Md th~ s~fd
MORTGAGOR for heiY Irin, e:ecutors. ~dminaTMatws and ~a
they are ~a", h•••bY °°~«+«'y with'h. "b IiIIOrtTCwcsEE' n' "'°a..°.s .~d ,w°n.'
lawfully Niz~d of tM wid prNnita in fN si~npl~j tl»t tM ~anN an frN, clw? w~d di~clwp~d fran all li~ns wd ~
branc~s in I~w w in puitY. ed tM* theY will and their Mh ~II wan~nt and d~f~nd tM titl~ w th~ san~ b th~ Nid
MORTGAGEE, its wcceswrs ~rd ass~s, fawer a~ainst tM I~wfvl daina and d~mard~ of a!! p~nanai
PROVIDEO. ALWAYS that if the 1NOkTGAGOk ahall piy unto th~ MpRTG~AGEE tlw praniNOry aot~ IwnY~b~fon dnaibd and shall trvl~?, prompll~r
~nd fully perforin, disciw~e. ~z~cvt~, comPlet~, canply wirh ~+d abid~ by :acl+ and ewry fh~ atlp~rlatfar. ~prNn~MS, condirions and aov~n~nb of said
pr«n~s~ory non ~nd of this Mort~a~e. tl~+ tiw liAorp~ ~+d eh~ Eaats Mnb~r enat~d ahatl eMM ard b~ null and w~oid.
IT IS UNOERSTOOD th~t tM word '
Mwt~spor" wh~ther in the air+Qular a plwal ~nywh~r~ In this AAortpap~, sh~N b~ sinyular ff one only an11
sFwll b~ plw~l joimly and wvK.ly if more th~n on~, and th~t the word ~tlwir" a uud anywh~r~ in thia Mapp~ ~MII b~ t~n !o m~~n °hh,,,• ••h~n,••
w"its." whKwer tlr oomsxt w impli~s a admits. Aho, th~t wMrswr MKe ts ~ nf~nna in t!w aownNSt~ ~nd apr~ h~rein ooma6~wd !o any d
Mw parti~s lnrsto, the snn~ sh~l! b~ corotrued to msan a vwll as th~ heirs. ~pa) hpns~nrdir+s. woo~s~ars and ~+s (~ith~? volunqnr by act of th~
partia w invdw~t+ry b1? operation of tM law) of tiw tam~ and that tM oov~nb fwnin ooM~in~d ahdt bim! ~nd tM b~f'ds and ~draMpa trwrt
to th~ r~sp~ctiw h~irs, i~W~ nWes~nt~tiws, wooessors nd psjyro of the paniN haNO.
Md s~id Mo~tppors, for tF~raelws cr~d th~i? Min, Ipal npraent~tiw~ wcas~ors and +uiy~». h~rebll i~h and stwally cov~wnt ~nd apr~e
ro.nd wirh th. sad MORTGAGEE, in wa~sson and a~sipm:
1. To p~y ~II ~nd sinp~rlar th~ p?incipal and imaest ~nd th~ various and s~w~dry wms d ma~ry pay~bM b~r virtw of said prani~ory no», ad tlw
mortqap~. Nch and wKY. P«P~N d+ri ~P~+~t~ th~ ~arne sewialiy b~ca~w dw.
2 To pay dl a~d sinyvlar ?M taxa, aKSVnena. 1wi~s liabilitia, obliyations and ~ncun+branas d~y rwh~n ~nd kind now on ~aid dwai~d
v~~h, w th~t 1w~afar mqr be :npoud, wffa~d. P~+ad. I~vi~d, a a~d tMnon, a tFwt h~rNftw nwy b~ Iwi~d a a~s~d vpon thN Monp~
~p~, a tlM Ind~Madna~ ucur~d IMreb~r, wd~ and hray, wlwn dw +rd pryable. ~ooordirg b I~w, be?or~ tl~r bKaa~ delk~qwM. ~nd blon ~ M~nq
an~tMs or any p~nahy is i~xwr~d: AND INSOfAR AS ANY THEREOF IS OF RKORD TNE S/1lNE SHALL 6E PROMPriY SATISFIED AND DISCHARGf~ OF
RKORD AND THE ORIGINAL OFFICIAI OOCUMEN? (Sl1CH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATtSFACTiON PAPfR OFfKIAIIY Ef~ORSEC
OR CERTfF1ED) SHALL dE PUlCEO 1N THf HAN~S Of SAIC MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENTs ~nd i~ the ~wm M?~t any 1Mnof i~ not
paid, sa~:sfi~d ~nd disdw~d said MORTGAGEE may ~t sny tim~ piy th~ sanr or any p~rt tF~u~oi witho~l waivinp a~ff~ctinp ~ny option, liab ~quity or
?iS1M unda~ or by virtw of tlas mortyapt and tht fvll arno~nt of each srwl wety wch p~yment ~hal) bt Lnen~diat~ly dw and payabl~ and shal) bNr kNMls1
kom t}w d~te thenof ~ntil paid at rate of ~ir+e p~r centwn pa anrwm and to~etF~r with wd~ iMN~st I ~d by ~hES morpqpt.
QOK ~~V~? PACE~~~JJ
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