HomeMy WebLinkAbout0239 ~Ga3UCl4Z'f
THIS INDENTURE. Mads Ihe Sth day of June A.~. 19 72 barween
Ruth M. Arter. a sina~g a~ult
of SL . LdiCl6 C~~~y florida, Mr~inaf~K d~tignated ss tiue "MORTGAGOR." and fIRST FEDERAt SAVINGS AND tOAN
ASSOCtAT10N Of fORT PIERCE, a corpwat;on ayani:ed and ~xistin~ undK tht law~ of tF+~ U~~ted St+t~s of America and Mv'up in principal pl~c~ of
busin~u in tM City of fon Pi~res, S?. lucie Counry, Florida, hsreinafter deiiynat~d as ~Fw "MORTGAGEE:' •
WHEREAS th+ MORTGAGOR is juitty ir+debted ro the MORTGAGEE in the ium of = 1 S~ OOO. 00 lawful money oi the Un;ted
Stares advanced by ~he MORiGAGEE unto the MORIGAGOk„as evidenced by a certain promissory r?ote of even date herewith, of which the (ollowinp in
words and fipur~s is a trw copy, towit;
= 151000 . 00 . ' 3..18 ~ 4~1
' ~ P;~•. F~~,. June S, ~y 72
~ Fw value ?eteived, 1, we a either of us, prom~u to pay, withoui defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, ftorids, ~he sum o/ = 1S+0O~• 00 w;th ;nterest from d~te at the rate of7~.~._96 per annum, in monlhly inttall- ~
~ ments u foltows: =1'zl . ~0 un the 15L ~y of AUqUSt , ~q 72 and a like sum o~ the corrsspondin~ day of esch montfi there-
_ after until the whole be fully p~id.
Each instatlment firit shall be applied in payment of the intcres~ snd then on th~ ~npaid balance of the princ~pal ivm. If d avh is mads in the
Hayment of any instaltment wt?en due, and s~ch defavlt continves 30 daya, then at ths option of tF?e holde~, and withou? sny other r?otice, all the rtmaining
C ~ns~allments sMll be dve and payable at once. Privilege is given to prepay this note in whole or in part at ~ny time without pen+lty. Neither forebear~nte,
T
nor atteptance by the hotder thereof afte~ any defauH in any payments hereon, ihall b~ deemed exte~+sion. A late paymeM char~e of f 6• O5 slull be
addrd to each instatlment remaining unpaid 7 days aiter ib dw date, and a like sum shall be added to c+th svth installmenf rem~ining unpaid 7 days aftsr
en;h succeeding paymem date.
• Each maker, surety snd endo?ser hereof, jointly and uverally, waives demand, presentment protest and notice of proteat fa noapayme~t, and fuAher
ag~ees fo ~ey extension of time o( payment, eithrr befors a after matu~ity, without notice to any of us; and to pay all msp of rnllection, includ]ng s
~ ~easonabk attaney's fee in the event of any default hereunder, and Fxreby severally waives all benefit of homestead and exemption undet the tantitution
a„d ~aws of each State of the United States, as against this obligation w any extension o~ renewal hereof.
Wi~ness the hand and seal of each party_
s/ Ruth M. Arter ~~U
. a s~ng e a u t
cs~?u
( ~22. 5~ ) Stste Revenue ~
(§:~e s~oaelled~s ~odpir~l.~o~) . '
NOW, THEREFORE, tAe MORTGAGOR fw the purpose of secvring p~yment of said sum of j 1 S~ OOO. QD „ ~nd the performance of tM
coven~nb and agretments hereinafter e:pressed, and fo~ divers 9ood u~d v~IwbM cauideration~, by tl~eu prcsents, does yraM, b~r~ain, sell, re+nise,
release, toervey and tonfirm unto the MORTGAGEE, its tuccessws and auigna, all ti~af certain bt, piece or puce) of I~ntl, sitwt~, lyinp, and beiny in th~
Couny of St . L11C1@ and Sf~t~ of Florida, dewib~d folbwt:
Lot 5, WILOk'OOD ESTATES, as per plat thereof on file in P1 at
Book _13, page 10, Public Records of St . Lucie County, Flor ida,?
s~r~Ar~ aF ~=~o~iu~
DOr,U~!E~~~Ta~?~ STtiMP TA X
.?z = - - - o
~ U _ JUN-6'7t _ (J• IN PAYMENT OF TAXR
2250,
~ DEDT.6F iEift:Uf -'70-#.`: - J _ p~ GR EIASS 'C' INTA.`~Gi6LE PF~SO~;~I PRO?ERtY~
~?8.~9ott2 _ - 7t•138. R~iS Of ~9/1.
pURSi;,ttii TO Ct~!•, rn~
. nC...? t'UITi'.~1':
AK CIiiCJ!1 i,i.J::i. ~L L:t_"•:~ fA•. FLA~
GlE
fogNher with all and singulsr tlx tanements, Mredit~menb ~~d appurtances therew~ro b~lonpinp a in arrywise appertai~&g thereto, snd all nnfs, iuues.
ar«eeds ~nd profin ~cuuing and to accrue from wid pemises, sU of wb;ch u~ included in th~ abov~ and for~yoinp dncription ~nd habend~m.
~
TO HIIVE AND TO HOID the abow d~wib~d and yr~nted pemises unro the said MORTGAGEE, its succ~ston and auiyrn forewr. Md th~ wld F
MORTGAGOR fa h-~r he~n, executors, adminat?aron ~nd auiym, hereby coven~nb with tM ~aid MORTGAGEE, its wawon Md asiipro,
ry~at She 15 I~w{ully uized of the pid premi~ts in fee simple: tMt tFw samt ar~ fr~, ckar and dischar~d iran ~II li~+u w~d encuer ~
brances in law or in equity, and that She will ind heZ ixin shall wanaM and d~fend th~ fitl~ b tht ~am~ to th~ Nid
MORTGAGEE, ib successas and auigro, faever ay~irot tM iawfut cl~ims ~nd demand~ of aN p~rwro;
PROVIDED, ALWAYS rt+.r if ihe AAORiGAGOR shaH pay ur~to the MORTGAGEE dN promissory nota Mr~inbefon dauibed snd ahall m,ly, prompfly
~nd fully pe.fwm, d~id+ar~e. ex~cute, comPlet~, comply with ~nd abide by ~sch ~nd every th~ stipulatwro. ~yre~menri. conditian u+d ooverwnri of ~id
promiuory note and oi this Mort~aqe, the~+ this Mwtya9e snd tFwr Est~te ha~by created ahall ceas~ and be mrll and void.
IT IS UNDERSTOOD that the word "Mwtypw" whether in th~ sinyul~r or plwal srtywhert sn this MptQap~, shall be sinQvlu if on~ only and
shall b~ plura{ jointly and wwrally H mor~ tF?~n oM. ~nd tMt the word "tl+~ir' as wed ~nywher~ in thw Mwt~p~ sMl! be taken to mean "his," "Mn;'
o. °in." whe~ever the cont~xt w implies or admits. Also, th~t wher.ver rhae is . r•fsreex. tn N,. cov~nae,n and .pnan+enn twrein oonained ro any of
~he pa?ti~s hereto, th~ sam~ sMll be construed to mean u well is the Min, ipal rapr~sent~tiv~s, wccesw~s u~d ~siigro (~iN»r volumuy by act of th~
pania or involuntary by operatan oi the law) of the s~me and that rM covensnn h.rein comain.d shall bind a~d tF~ bae~efirs ~nd advan~ap~s i~wr~
ro the respectiw he'as, leyal represent~tive~, wcceuoas ~+d su~9ns of th~ p~rri~s I~sreta ,
Md said Mortya~ors, for themsetves and their hein, le~al r~present~tiv~s, svccesaon and assiQra, hereby jointly and s~vaally cw~nsnl ~nd apne ~
ro and with the said MORTGAGEE, in successon ~nd aui~ro:
1. To pay NI and sirg~ls~ the principal and interest +nd tFw v~rious ~nd s~ndry wms of mon~y paYaW~ br virtue of ~aid promissory no1~, ~nd this
matgaye. ~ach and werY, w~P~~Y on the days respect~vefy th~ sam~ s~verally b~come due.
2. To pay all ~rd sirgvlw th~ taxes. ~:sessme~n, Iwies. liabiliti~s, oblipatioru snd enaxnbranus of ewry r?~rw: and kind now on s~id d~scrib~d
A~Ope~tY, w tMt I+N~aftK rrwy b~ impos~d, svff~?~d, p~aced. Iwied, a a~ssed thaeon, a that here~Aer rewy b~ I~vi~d a~a~tssed ~+poe thi~ Mort¢ t
afle, or th~ indebtednes~ secvred Fwreby. ~sch and ~wry, whan dw ~+d payabl~, ~ocwdirg to tsw, b~fwe they bscomt delinq~ent, and befor~ any k~t~rest
attaches or iny penalty is inturred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHALL dE PROMPTtY SATISFIED AND OISCHAR(iED Of
RECORD AND THE ORIGINAL OfFICIAI DOCUMENT (Sl1CH AS, FOR INSTANCE, THE TAX RECEIPI OR TME SATISFACTION PAPER OfFICIAIIY fN00ttSED
OR CERTIFIEO) SHALL SE PLACED IN THE HAMDS OF SAID MORTGAGEE WIiHIN ?EN DAYS NEXT AF1ER PAYMENT; ar?d in the ~vtnt thst any tMr~of u ~01
paid, tat sfied and dixharqed sa:d MORIGAGEE may ~t any time pay the same a any pKt thereol withovt waivie+p or affectinp any optan, lien, puit~r a
•~aht under o? by vi~tue of this mo~tgaye ~nd ~he fult smouM of exh ~nd every wch p~ym~nt shaH be immediatefy due and payable and sl?all 6eu interpe
s~om the d~te thereof until paid ~t rate of n~ne p~r centum per annven ~nd toyether w~tfi wch imereat shall ee the lit~ o~y~~y~9ta~e
$0~~~ ~~if r ~7
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