HomeMy WebLinkAbout1124 . ~c.sls;3~ ~ ,
THIS INDENTURE, Msd~ t1i• 13th ~y of 1 :~Ul'I@ ' A.D. 19~c~ betwNn
Fred F. Adams and Dorris D. Adams~ his wi#e
o~ St• LUCi@ Covnfy Flarid~, I+tr~in~ftK d~signated as tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANp IOAN
Ai50C1A71pN OF fORT PIERCE. ~ corpaatio~ o~anised and ~xisting vnd~t'tlw,lawt of IM Unit~d Staqs of America and Mvtnp iq princip~i pl~ct of
busin~u in th~ Gty of fon Pian. St. l~ci~ Counry. florida, he~~inaf~K daionated ~s th~ "MORTGAGEE." .
WHERfAS tM MORTGAGOR +t jwtly indeWsd w tl» MORTGAGEE in th~ sum of ; (1(~. good ~nd lawful money of the Un~ted
S~~tn advanc~d by tM MORTGAGEE unto ~M MORTGAGOR, ~s evidenced by ~ certain promisiory nett of even date her~with, of whkh the followinp in
wordt ~nd fyu~ts is a trw copy, lo-wit:
: ao, boo •oo s_ 18. as9
Fort Pi~e. Flaida. JLtII@ 13 ~ 19~._
Fw vilvs recsived, 1, we w either of t», prom~se ro pay, witho~t d~falcation, to ~he order of FIRST FEDERAI SAVINGS Af~D IOAN ASSOCIATIOli OF
FORT PIERCE at Fai Pieru, Fbrid~, the sum of ; 20 ~ 6~ with intere~f from date at the rale of .1.a.a~%fs pet annwn, i~ monthly instalb
.nenes ~s tollows: S 1~ cn tl+e 18t day of ~t~@Y 19 72 and ~ like sum o~ the cwrespond~rq day of earn month tMrr
after until the whole be fully paid.
Each insuftment fint sMll be applied in payment of the inrerest +nd +hen on the unpaid balance of ths prinupal wm. If d ault is mad~ in ihs
payment of aoy insallme~t when dw, a~d wch defauh continues 30 days, then at the opti~ of the Rolder, and without ~ny other notice, +11 the remaininq
~nstallrnenK shsll be due and psyabls at once. Privile9e is given to prepaY fhis noN in whob or in pan af any tiene without p~nalty. PbitMr fortbsaranc~
nor ~ccephnc~ by ?he holdM tf+ereof afte~ aoy deiauit in snY p~yments henon. shall be deemed extsnsion. A lafe payment chu~ of i 7~65 shall b~
added to sach installment remaioirg unps~d 7 days after iri dw dat~, and ~ like svm shall be sdded to each such inuallment ramainirg unpaid 7 d+ys ahsr
each succeedie?y payment date.
Each maker, suroty and endoner hereof, joiMly and severally, w+ives demand, presentment protest and notica of p?otest fw ranpiyment, ~od funMr
agrecs ro any extension of time of paymcnt, either before w afte~ matu~ity, without notice to any of us; and to pay all cosri of collection, inc:ydinp a
reasonabla attaneYs fee in the evcnt of any defauh herevnder, and hertby seve~ally waives ~11 bcnefit of homestead and exemption under th~ consfitution
and laws of each Sqre of tl+e United Srates, aa aQainst ~his obl~pation a sny extensan w renewal hereof.
Witneu tF+~ hand and seal of esch psrty.
_ _ S/Rred F. Adams ~
(SE~?U
S/Dorris D. Adams ~ _
30' 90 ~ sr.» Rerenw
NOW, THEREFORE, ths MORTGAGOR for tM 2O 6OO'OO
purpos~ of ~ecu.iny payment of said sum of = ~ , and ti~e p~rfomync~ of tM
cov~nant~ and ~p~~emeny hertin~fter expreued. ~nd for diven yood and wlwb)~ toruideratioeu, by fhes~ prese~ts, do~s yr~nt, barp~in, sell, remise,
relea~ conwy and tonfirm unto the MORTGAGEE, in succes~on ~nd aasi~ns, all tMt oe?tain lot, pieu w p~ral of land, tituat~, lyinp, and beinp in tM
Cour?ty d St _ LuCie y and St~t~ of Fbrida, dascrib~d ~s follows:
North 75 feet of the West 50 feet of Lot 16 and the North ~5 feet of Lots
1'7 and 18, Black l, ROY G. HILLIARDS S(BDIVISION~ as per
plat thereof on file ia Plat Book 4~ page l~ of the public records of
St. Lucie County, Florida.?
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Q~.»o~~z q~d! Ct11~S'~ IMTAN818l~ PE,~~ntiL P~OPER~~t /
~ PORMS 5 ~f 19/L~~ci~
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topeti?~r with all u~d si~putu ths t~nemantt, heredtamenn a~d appwt+e~ces tANwnto belonpinp w in anywis~ apput~inirg tFwNO. ~nd ~II nny, i~su~s„
proc~eds ~nd p~of~n ~cauinp ~nd ro sarw from s~id premises, all of which a~ includsd i~ tM ~bov~ ~nd fapoirg d~wiption ~nd Mb~nduen.
TO HAYE ANp TO HOW rhs abaw described and 9r•ntad premius unto N» sad MORTGAGEE, in wa.~swn and auipe~ for~wr. Md Nr aW
MORTGAGOR fa - hein, ~xec~tors, ~dminytr~tors and ~si ry, F~
t he i r g ~y ~~n wirh tM s.d MORtGAGEE, in woas~on and .piprr, w -
u
they are ~ pr~„~;~ ;n fN simpl~s that th~ s~rn~ an fne, cieK and deahsrq~d fran dl Itens and ~ncvn?
:har lawful s~ized of tlw said te s
branc~s in law a in puity, and that thgy will and t~lSi! Mirs sMtl warraM and defand th~ litb to th~ ~am~ to th~ said
MORiGAGEf, its successors ud assiyra, fwewr p~i~st tM lawful claims ~nd demand~ of all pKwerj
PROVIDE~, ALWAYS th~t if th~ MORTGAGOR sFwll pay w?to th~ MORT611GEE tFw promissay rwt~ Mr~inMfon d~scrib~d and ~MII trvly, p~ompfly
and fuYy perform, d~scM~pe, eaecu», sompkt~, comply with u+d ~b~ds by each and wery the aipulations, ~~amMts, conditions aed oowMnti of said
pranisary nat~ and of th» Mwtyaye, tfKn this Matpap~ ~nd th~ Esat~ hereby cr~at~d ahaN pak and be null and void.
IT IS UNDERSTOOD that tlK wo?d "Mortp~yw" wMrhsr in th~ sinpular or plwal anywh~r~ In ~ha A1o~f9~, shall b~ si~gular if on~ only ~nd
shatl be plurd joimly snd s~wr~lly if mw~ tl+an an~. ~nd tl+at th~ vrord "tFKir' ss us~d • in this
~nYwMr Morp+p~ aMl( b~ t~ksn to en~an "hi~," •'Mn~••
a its," whaew~ fA~ conr~:t ~o impli~s o. admin. Alw, that wFwrevrr ~F~er~ b• r.fersnce in rM cov.n.nn .nd .pnaen.na h.rei~ oom.in.d b any of
rh~ p~rties hereto, th~ ~arn~ shall be cautrued to m~an a well ~s th~ hein. Ipal rprts~nt~tivea, waasson u+d ~ssipns (~itM? volum~ry by acr of th~
partiss or invol~ntary by op~ratioh of ~M law) of the sant and thst tht cov~ns~ts ht~tin cw~taintd ~hall bind and tM bu»f;fs ~nd adr~nfsyq irwr~
ro rh~ ?np~ct;vs !+~'vs. Ipal represe~t~tiv~s, waesson and au~~~s of tM parties Iwr~to.
And said Mortpa9w~, fw tMm~elws and th~ir hein, leyal rp?eser+utiws, wa~sso~s a~d ~ssipro, her~by jointty ~nd wwrally cova+Mt and prw
ro anc! with th~ wid MORTGAGEE, in sucusaon snd u~ipns:
1. To pay all and siegular tFw princip~l u~d interest a+d tM vKious ~nd wndry sums of nwnty psyable by virtw of uid promis~ory rqte, and this
morrgap~, ach and twry. Womptly on tM d~ps respectiwly tl» tarrw sw~rally b~ca~w dw.
2. To pay ~II ~nd sirgrlN th~ taxe~, a~essmenb. Irvies, liabilifies, obligations and ~ncumbnnc~s d rwry natw~ ~nd kind now on said de~ctib~d
Pr~b, or •th~t hs~eaftN may ba impowd, wffa~d. ptat~d. Iwid, a s~ess~d thKeon. or th~t hsrNftM may b~ kvid o? ~aesad upon thi~ Morp.
•yr~, w th~ indebr~dnea ~«w.d Mr.by, e.d~ and ~erY. wlw~+ dw and p.yabl.. .oc«dirq ro taw, b~fa~ tMy b~caiw ddir?qwm, «+d befon ~np iete~.sf
~rtxhet a any ptnalry is inturred; AND INSOFAR AS ANY iHEREOF IS OF RKORD TliE SAME SHALL dE PROMPTIY SATt5F1ED ANO OISCNARGEO OF
REtORO AND THE ORIGINAI OFFICIAL DOCUMENT (Sl1CH AS, FOR INSTAPlCE, TNE lAX RKEIVT OR THE SATISfAC71pN PAVER OFfICIAIIY ENDORSEd
OR CEtTIF1ED) SHAII 6E PUCED IN THE H/1NDS OF SAID JNORTGAGEE WItHIN TEN DAYS NEXT AFiER PAYMENT; ~++d in tM tv~M that w~y tF~eof i~ nat
paid, wYSfied ~nd dischuyeJ sa:d MORtGAGEE ma~ ~t ~n~ timt pay tht same a am part thereof without w~ivinp w~ffstti~p ~ny option, li~n, pvify or
•;ahr w~der or by vinue of tFHa morryap~ and rhe fult ~mo~nt o( escA srd wery uxh paym~nt shalt b~ imm~d~atetr due ~nd payable snd ~F?~II bta~ int~r~st
<<an the date therwl vntil ~~~d a~ ?ate o( n~ne pe~ cenrum per anrwm ~~d toyerMa with wch inre.e» sFy~l,be by th~ li~n of t~ morqtp~-
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