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HomeMy WebLinkAbout1266 231653 tH15 INDfNTURE, Mads ths ~~th day of ~ A.D. 19 betw~er? Bever~y J. Ellwood, a single adult ~ ~ of St• @ CouMy Florida, Mrein~itN dMgMled a tM "MORTGAGOR," and FIRST fEDERAI SAVINGS ANO tOAN ASSpC1AT10N OF fOR~ PIERCE, s corporation ay~nized ~nd exi~~irg unds~ tM law~ of ths Unit~d Sta~a of America u+d Mvinp its principal pl~:e of busin~u in tF~ City of fort Pikce, St. luci~ County, Flor~ds, hereinafttr dssipnat~d as tM "N10gT~A~E:~ WHERFAS tM MORTGAGOR is justly indebted to ~M MORTGAGEE in tM wm of i 3~~ • gnod ~nd lawful money of the Un~ted Siates advanced by the MORTGAGEE unto ths MORiGAGOR, as evidencrd by a certa~n promiuuy not~ oi even da?e he~ewitlr, of wh~ch the followinp in words and figures ii a trw copy, to-wit: s 35s1t00.00 ~ -18 6l~.,, Fwt Piern. Flwid~. J~ ~ 5 19 r~ ~ Fw value received, 1, we or ei~her of us, promise to pay, without defalcarion, lo ~he o~der of FIRST FEOERAL SAVIfq~tG~S AND IOAN ASSOCtATlON OF FORT PIERCE at Port Pie~ce Pbrida, the sum of = 35~~•~ wnh inte~est (?om date at rht rate of _L.~(~6 per annum„ n monthly install- ~ menrs u followt: • i 26~ on the ~ st' day of ~~St . 19 72 and a like sum on t}~e cwresna?diny day of eacl+ month !?+ere- sfter until the whole be fully paid. Each installment first shall be applied in payment of ths interest and then on the unpaid bslance of the princ~pal sum. If d autt is made in ths payment of any installment when due, and such default tontinues 30 dars, then st the oprion of the holde~, snd without any other notite, all ths ~emaining ;nstallments shall be due and paya6le at once. Privilege is giv~n ro prcpay this note in whol~ or in pa?t ~t any time without penalty. Neither fo~~r/e~bearance, nar acc~ptanc~ by th~ hoider thueof aftu any deiavtt in any p~Yments he~san, shsll ~e deemed exHnsiow. A I~t~ payme~t-chsr~ of s. 13.YX aMU b~ added to each installmenl remaininq unpa~d 7 days after ih due date, snd s like sum shatl be added to each suth installment rertuininq unpatd 7 dsys afte~ each succeedinq psyment date. ExF~ maker, surety and endo~xr hereof, joinNy and severally, w+ives demand, presentmem protest and ratice of protest fw na+payme~t, ai+d further ag~ees to any extension of time of payment, eitFxr befo~e w after rnsftrr~ty, without not~ce ~o -iny of us; and to pay alt costt of cotfection, includ~ng a ~easwubk atrwney's fee in the evenr of any default hereundar, and herrby uvcrally waives sll benefit of homestead and exemption un?Jet the constihrtion and Iaws of each State of the United 5tates, as against this obligation p any extcnsion o~ ~enewal hereof. Witncss the hand and seal of eacF pany. _ s/ Bevera,y J. EllWOOd, a sfngle ~lt Is~?U ' (SE~?U ! ~S3•~ ~ ~ Stste Revenue (fA~wp~wRalkd ar ~Mpin~h ~er~e! 1- NOW, THEREfORE, the ARURTGAGOR fo? the r ~ • f pv pose of ucv.ing payment of saGd sum of = 35 ~i~ ~ , and tM performance of tM covenants ahd apreemer~ti herein~ftc~ expesscd, ~nd for divcn good ar+d valwblt conside.atioes, by thes~ presents, does qr~nt, bupain, sell, remise, release, convey and confirm u~ro the MORTGAGEE, ib succeuors snd+ssi9ns, all that certain lot, piewo~ or putel of land, aituate, lyirg, and beirp in ths ~an+hr ot _ $f+• ~+1~C~@ .~nd Staro of Fbrida, dewibed ai follaws: Lot 2~ less the West 5£eet thereof, and the West 8 feet of I,ot 1~ RESUBDNISION f~fEST PART OF IAT !t0 IINIT i MARAVIId.A ti GARDENS, accordit~t to the plat thereof as recorded fn Plat = ~ Book t4, 1'age 3tt, of the PubZic Records of St. Iucie Caunty, € Florida,~ ; ~ STAT E~F t- L U 1~ i U A ~ cF~ ~ rnt~r aF ~ ~ wt a~ aas ~ Nrr~ ~ ~ ? Z t70CJ~lENTA TM~'_ Si:~t~ P_ T:~ Y, I ~ p r E y~. j - - - - ~ 1~ ~fR 71-134. ACiS Of 1911. ; ~ ` .1UN16'1t `.~`=ti _ I~E4 t'OITRIbC ~ ~ ° _ ~~"=I'~~ 5 ~ i 0 _ ~ u~ oo~,~, ~r. wc~E oo., ~u f ~ N ~ i~~1.CF cF![~ #?'I` _ ~ P~, 19011Z ~,~~•:w _ - ~ ~ top~ther with ~II ~nd sinsuls? the te~ert~nri, hereditamenb and app~rrtances there~nto btlonginy w in anywis~ appKtai~inp thK~w, snd ~II r~nls, issua, ~ proc~eds ~nd profits ~ccruing and to accrue from said premis~s, sll of whkh are included in tlw ~bove +nd forpanp dexrlption and hsbtndum. ~ TO HAVE AND TO HOLD the above descr~bed ~nd ynnted premises unto th~ uid AAORTGAGEE, i» succeswn and auiyia for~ve~. Md tM wid k10RTGAGOR for i~eirs, execu~as, admin;sfra~as ~nd ~uigns, h~reby cownann with th~ said MORTGAGEE, i» waeswn and ~uipi», ; rhat -s~ !awlully sei:~d of tFw said prem~ses in ft~ simpl~: that th~ s+m~ u~ frk, clear and diul~aryed from ~II (i~ns and ~ ~ brance~ in law or in equity, ~nd that ~h~ will ~nd hA~ hein shall wKrant and dff~nd tM titlt b tM s+m~ to tM s+{d ~ MORTGAGEE, iH s~cceuor: ~nd assiyns, forevsr pa'uut ~he tawful claims a~d d~ma~ of all p~no~s; PROV{DE~, ALWAYS tMt if ti+e AIIORTGAGOR ihall pay unw the MORTCsAGEE th~ promiswry not~ lwreinbefw~ describ~d and iMll huly, promptly sr+d fulty perfam, d;utWige, execute, compkte, comply with ~nd abide by each and ~very tFw qipulations. pre~m~~n, co~ditia» ~nd ooven~nls of said promissory not~ and of thy Mortqa~e, the~ this Mortys~~ and the htate hKtby GN1ld {FNII u~~e w+d be nu11 ~nd vo;d. tT IS UNDER5100p th~t tl+e word "Mwt9syor" whether in tF» iirgular or plwal ~nywl~~ in this 14{orty~, shafl be iirguta if au only and shalt b~ plural jointty ~nd kvera~ly i/ ma~ thsn on~, and th~t the w«d "r heir" as v~ed anywher~ in thia Mort~ayt sh+Il b~ t~ken to mean •'his; ••'hsn; • or "ia;' whereva the comext so ;mplies or admin. Atso, thst whe.ever rhere is a rsfaenc. tn rM coven.nn and pr.en+.nts her•~n c«,~ain.d ro My of z tM parties hereto, the ~ame. sMll b~ construed to me~n ~s well as the he;n, kq~l rtpresenativei, wcc~ssors snd usiyro pithu volum~ry by act of tfi~ p~rt~ a involum~ry by op~~it;qn of ~he I~w) of the s~me a~d that the covenants Mrein conuined shall bi~d and rhe b~nefin and adv~ntaQ~s inw~ . to the r~sp~ctive heirs, leyal r~prescntatives, succeuo?s and iu~yro of tM pani~s hento. And said Matga~on, fo. fh~mielves ~nd thei? hein, ley+l represent~tiv~s, wcc~sson and auiyr?s, hertby 'piruly and sevN~lly tovenanf ~nd pr~e a and w;th rhe said 1NORTGAGEE, in wccessors ~nd ~ss~yns: 1. To pay •II ar+d sinyular the pintipal ~nd intcrest ~nd the various and s~ndty sum~ of montY p~YaW~ by virtw of said promi~wry note. and this O mortys~s, e+ch and wery, promptly on tM days r~sp~ctiv~ly th~ same sewrally beca~w dw. - 2. To pay all and sw~yvlar the taxes. assessmenn, kvies. I~abiliries, obiiyatiom and enc~wnbrances of every narun and kind now on aaid d~scrlb~d ~ P?op~rtY, w that hereafrer may be 'wnpos~d, wffend. P~aced. Iwied, w+u~sad theraon, w th~t hereahe~ may b~ kvi~d a~susfrd vpoo thk Morq~ ac° or tiw ind~btedneu secvred Mreby, t~d+ and ~wry, when dw and p~yabk, accwdinp M law. Mfw~ they bscom~ delinqw~?t, ~nd b~fa~ any iMer~st Oss attaches w a~y penatty is incwred; ANO INSOFAR AS ANY IHEREOF IS OF RKORD THE SAME SHAII bE PROIMPTLY 511T~SFIED AND DISCHARGED OF RE~ORD AND THE ORIGINAI OFfIC1Al DOCUJNENT ISl1CH A5, fOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACTION PMER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII dE PLACED IN THE MANOS Of SAIO MORTGAGEE WIIHIN TEN OAYS NEXT AfTER PAYMEMT; ~nd in tM ~vent that any thereof ia not pa~d, saY~fied and dixharged sa:d MORTGAGEE may ~t any time pay the same w any part thereof wilhout wminp w a(fectirq ~ny option, lie~, eqvify or •:aht ur+de~ w Dy virtue of th~s mortgage and ?he full ~mount of e~ch and everr such psyment shall be immediately dw snd payeble and shall b~~r intpNt ~.om rhe date Ihereof vnrii paid ar rare ol nme per cenrum pe. annum a++d toqethe? w~tb such ;nreres+ th~11 be secured by th~ li~n p{ th:s morpta~. ~ . ~ ~;„xzc~~Y~c + . z _ w . %.k~a•.~~.~~'~^~n