HomeMy WebLinkAbout0559 . 2311'~1 ~
THIS INOfNTUQE, Mad~ the 8th day of `~~g„1 , A.D. 19~i~y berwHn
Iso~ Chauncey aad Sherley Chauncey, his Kife
of SL • LUC~@ ~q~ty F~a~da~ ht~Q~Mfter designated a~ tM "MORTGA~'iOR," and i1R5T fEDERAL SAVINGS AND IOAN
ASSpC1AT10N OF FORT PIERCE, a corporation a9anized and existirg urxler tM laws of Ihe United St+t~s of Ame~ica ~r?d havinp in principal plact of
businesa i~ tF» City of Fwt Pi~res, 51. Lutie County, Florida, hereinafta despnated ~s tM "MORiGAGEE:'
WHEREAS tM MORTGAGOR is jwtly indebted to the MORTGAGEE in the sum oF 1~~ ~(~O good and Iawful monsy oi tha Un~ted
Sreres advanced by ths MORiGAGEE umo the MORTGAGOR, as evidenced by a catain promisaory note of even date herewitb, of which tM followi~p in
words and figures is a trut copy, to-wit:
= lI 200.00 ~ 3-18~443
Fort P7e?u. Flo?ida. •J~t@ 8~ 19 72
for vatue rcceived, 1, we w either of us, promise to pay, without defalcation, to ~he order o( FIRST FEDERAI SAVING$ ANO IOAN AS50CIATION OF
FORT PIERCE at Fo~t Pierce, Ftwids, the sum of j 11 ~ 2~ w;th ;nterest from date at the rate of 7~?~ per annum, in rmnthly im1a11-
men?s ss follows: i 1O6 on the 1St d~y of AuQUSt , 19 72 and • like sum on tM cwrespo~ciinp day of each month thert- ~
atter until the whole be fully paid.
Each installmenl first shall be appGed in payment of the interest and thcn on the unpaid batance of fhe princFpal wm. If d auh is msde tn 1M s
F>ayrrrent ot any installrrunt when due, and such default continues 30 days, the+? at the op~ion of the holder, and without any other notice, all the remainirg
~~~stallments shall be due and payable at once. Privilege is given to prepay this rate in whole w in part at u~y time without penalty. Naither forebearance,
nnr atcep~ante by tFje holde? thereof ~fter any default in any payment~ hereon, shall be decmed exten:ion. A tate paymeni charg~ of j S~ 3O shal! bt i
added to each installment remaininQ unpa;d 7 days after its due date, and ~ I~ke sum ahall be added to each tuch instsllmeot rem~ining uopaid 7 days ~fter ~
each suttetding paYmenF date. • t
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Each maker, surety and endoraer hereof, jointly and severally, weives demand, p?esentment protest and notice of protest fo~ nonpaymant, ~nd fu~ther '
ag.ees to any extensan of time of payme~t, either befwe o~ after matur;ty, without not~ce to any of us; and to pay all msts of collection, includinp a ?
reasonable atto~ney i fee in the event of any default hereunder, and hereby severally waives all benetit of homestead and exemption under tl+e conatitution
a~~d laws of each State of the United States, as aga~nst this obligation or any extension or renewal hereof.
Witness the hand a~d seal oi each pa~ty.
~Isom Cha~uncey ~U
cs~?U
S/SherleY Chauncev ~q
{ $16 .80 ~ s~ste aevenue ~U
NOW, THEREFORE, the MORTGAGOR fw the purpoae of seturing p~yment of sa+d sum of l i~ ZOO , and the performante of the
covenants and a9reements hereinafter expressed, and fw divers 9ood and v~lwble cons~derstions, by the~e presents, does yr~nt, b~r~ain, tell, remise,
release, convey and conti~m unto tl~e MORTGAGEE, ifs succeuors and suigns, all that cert~in bt, pitce pr p~rcel of land, situat~, lyiny, ~nd beinp in th~
~~nn, ~ St . Luc ie and State of Fbrid~, dewibed follows:
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Lots 8 and 9, Block ~B KILLBRS StBDIVISION, as per plat thereof on - ~
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f ile in Plat Book 4, Page 50~ in the public records of St . Luc ie `
County, Florida.
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?1 (i:T.:E i.c:.;.~f~'~~.i$~'~ -
~~j,190~12
RE:.EIYED 3-'- y G~N PAMMfldS OF TAXES -
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D~.E ON CL~1S.". 'C rniu+c~B~E Pf~w?e. ~~~~~~ir.
p1iRStfANi 10 Ct1Ai'tER 71•13~1. 11CiS Of 1971. ~
p6ER POtiRAS. Clwh Ci~niil Cowt ~ L+~+e Co. F1~. ;
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rogetMr with all and singulsr the tenements, herediaments ~nd appurtances th~rwnto b~lagirg a in ~nywis~ sppe~i~l~inp fher~lo, ~~d ~N r~nt~, iuvp,
prxeeds and profits uciving and to accrue from said premises, alI of whid? s~e included in tFk ~bov~ a~+d forpoinp dncription ~nd habendwn.
TO HAVE AND TO HOID the abow dexribed •nd yranted prtmis~s ~nto ths s~id MORTGAGEE, ib svcc~sson and auipns fw~vN. Md th~ uid
their
h10RTS'sAGOR for heirs, executws, administratws and usigns, F~er~by covenants with tM uid lNORTGAGEE, its sutctssors ~e~d aqipir,
;n.r _ the~r are i,w+~u k~:~a ar r~ ,.~a
Y p?smises in fee simplr, tMt tM ~arm ~r~ (rN, cbar ard discAsr~d from ~ll li~ea ~rd ~ncvm~ '
bra~ces in law or in uit , ~nd thst t~ey will and their j
~4 Y htin ahall wur~nt and d~fend tht titlt b tM sa~n~ tp fiw uid
MORiGAGEE, its iuccessors and suiyns, forewr ayainst the lawful daima and deminds of dl p~nory; ~
PROVIOED, AtWAYS that if ri~s 1NORTGAGOR sMll p~y unto the MORTGAGEE tM promissory not~ 1»r~inb~fwt d~wiMd ~nd slwll truly, proenptly
and fully pe.form, d~xharpe, execut~, complete, comply with and sb~de by each ~nd ewry th~ stipvlnions, aprea.nenri, conditiom u~d cov~nany of said ~
promissory not~ snd of this Nbityape, th~n thii Ntortya9e and th~~ Estate hereby creard shal! uase and b~ n~ll and void.
IT IS UNDERSTOOD that the word "Mortqayor" whether in the sinyular a plwal anywMre b~ this Mwt9ape, iMll b~ sinpul~? if oM only ud ~
shall b~ plur~l joimly •nd sever~{ty if more fhan oM. ~nd thal the wdd "fheir" as used anywher~ in this Morfy~ shalt b~ taken to m~~n "his," "h~rs;'
w"its," whe+ever the conte~c~ w implief w~dmits. A(w, tMt wherever there ii • raf~renu in the covenenti s~d pr~emenb her~in oontaintd to my d
+F,e panie~ hsreto, tAe same ~hall be construed to mean ~s well ~s tM heir~. Ip~l npr~senutivei, succeswn ~nd auipns (eit1+N volumary bp acl of th~
partie~ w i~voluntary by oper~rio~ of the I~w) of the same ~nd fha~ the covenants herein comained iMll bind and th~ benefin and ~dvant~p~s tow~
~o fhe respective heirs, kyal representatives, svccessors and au~Qm of tM panies hereto.
And taid Mutgapon, fa themselv~s and their hein. Ityal rep~esenativt~, succestws and auqns. Aereby joinHy a+~d s~vtr~lly cove~a~t ~nd apr~e
ro and with the said MORiGAGEE, in succeswn and ~uigro:
1. To pay all and siryul~r t1x pr~nupal and int~reit ~~+d tM wraus u~d w~+dry wms of mo~eY paY~W~ by virtw of said promiaswy ~ot~, and thy
mort9ayt, ~+ch +nd ~ve~Y, promPrlY on tl+t dayt re~pectively th~ ume sev~r~lly betort~ dw.
2. io pay ~II +nd sin~vl~r rhe u:~s, ass~umen». I*vief, liabil~riss, obligations and encvmbrances of ~very n~tw~ ~nd kind now on said d~wib~d
p~op~rty, a that lwre~fter may b~ impesed, wffered. placed, levied, a asseued tF+eroon. or tlut here~ftN may b~ Mvi~d a ukswd upon tM~ /Mort4.
a9~, a th~ ind~btedneu sea,rd hereby, each ~nd weryr. wh~e+ dw ~nd payabf~, xcordin~ ro law, btta~ they becomt d~linqwnt, and b~fort ahr fnt~r~st
attaches a any penalty is incurred; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAL~ SE PROMPiIY SATISFIE~ ANO DISCHARGED Of
RECORO AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RE~EIPf OR THE SIIT(SFACTION PMER OfflCtAttY ENppRSED ~
OR CERIIFIED) SMAII 6E PIACED 1N THE HANOS Of SAIp MpRTGAGEE WITHIN TEN OAYS NEX1 AF1ER PAYMENT; and ir+ 1h~ event that ~ny th~rpf is not
pa~d, sat sfied and dixh~rged sa:d MORiGAGEE m~y at ~ny t~me pay the same p any part thereof withovt waivir~ w afftctinq any optio~, Iien, puity p
~+~hr under w by virwe of this morrgage and the fuli amounr of each •nd svery tuch payment ahaN be immediately dv~ ~nd payable ~nd shalf btar int~?qt ~
~~om the date thereo} unril paid at r~te of mne per centum per annvm •nd toyether w~tA such ~merest ~hall be s~cu~ed y the lien of th:• morytp~. ~
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