HomeMy WebLinkAbout1813 THIS INDENTURE, 1Nad~ the_ 22R~1 day of June A.~. 19 7~ - between
_ Jerzy C. Barlowe and Audrey G. Bai-lowc~,_, his wife '
of - SL . L.L1C 1P , Cp~nfy Flwida, hereir?aftK tlqignsted p tM "MORTGAGOR;' and fIRST fEOERAI SAVINGS ANO IOAN
ASSOCIATION OF FORi PIERCE, a co~pwarion orpan~zed and ex+~Nng unde~ !hr laws of iM Uni~ed Staiti of Amerita and h~vinp its pri~cipal pl~t~ of
businsu i~ tM City of fort Pieres. St. lucis Cc~ny, Florid~, hereinafter de~ipnated ss tF?~ "MORTGAGEE:'
WHEREAS ~M MORTGAGOR ii justly indebt~d to the MORTGAGEE in the ivm of = 3~~0 • 00 , good and lawful money of ths Un~ted ~
States advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a cerTai~ promiuo~y nata of even date herewith, of whlch the followin~ in ~
words and figuret is a trw copy, lo-wit:
~ 3,000,00 ~_3-18,~t92 ~
Fon Pierc~. Flwid.. June 22. t9~_ ~
Fo~ valve ~cceived, 1, we or ei~her of us, p?om~u to pay, without defalcation, to the ordcr of fIRST FEDERAI SAVINGS AND LOAN ASSOClATIUN OF
FORT pIERCE at Fort Pierce, f~orida, the sum of S 3~00~• ~ Wiih interest (rom date at fhe rate of 7• 5 9o per annum, in inonthly inst~ll-
~nents as foflows: s 25.00 ISt day of AucJLlSt ,~9 72 and a l;ke ~um on the cwrss ~ d+ of esch month therr
Po^d ^D Y
afrer until the whote be fully paid.
Each insrallment first shall be applied in paymenl of the interest and then on the unpaid balance of the princ~pal sum. If d ault is made in the
payment of any installment whe~ due, and such default continues 30 days, then at the oprion of the holder, and without eny other notice, all the remainiog
~nsrallmen~s shall be due and payable at once. Privitege is given to prepay this note in whole or i~ part at a~y time without penahy. Nei~her forebearuxe,
ror atceptance by the holder thereof aiter any default io any payments hcreo~, shall be deemed extension. A late paymeM tharge of S 1~25 shsll be {
added to each installment remainirg unpa~d 7 days aiter its d~e date, snd a like sum shatl be added to each such installment ramaining ~npaed 7 days after
each ~ucceeding peyment date.
Each maker, surety and endwser ht~eof, jointly and severally, waives demand, p?exntment protest and notice of protest fw nonpayment, and further
agrees to any exte~san of time of payment, either betore or after matvrity, without notice to any of us; and to pay all cosfs of m!lection, includinp a
reasonable attorney's fee in the event of any defau~t hereunde~, and hereby severatly waives all benefit of homestead and exemp?ion under the coostitution
and laws of each State of 1he United States, as agai~ut this obligation a any extensio~ a renewsl hereof.
W~?~ess the hand and seal of each party.
(SEAU
S/ Jerry C. garlowe ~Au
(5~?t)
4.50 _S/ Audrey G. Barlowe ~U
( ~ State Revenue
45~sn~pa-pnceiled-araigina~ nete~
NOW, THERfFORE, the MORTGAGOR for the purpose oi srcu.ing pa~ment of ssid sum oi = 3~ 000• 0O , ar?d the perform~nca of ~he
covcnants and agr~nts he~einafter expressed, and fw d~vers good ~nd valuable considerafions, by these presenb, does grsnt, baryain, ull, remise,
release, convey and confirm unto th~ MORTGAGEE, in successors and suigns, sll that certain lot, piete or parce! of land, sitvate, lying, snd beinp in the
County of St. Lucie and State of Fbrida, dewibed as follows: ~
Lot (~3 F.IVER OAK ESTATES, according ta the Plat thereof ~
as recorcied in Plat Book 16, paqe S, Public Recorc~s of f
St. Lucie County, Florida,~
W STAt ~ ~F t-LUf-2IUA
v ~ DOCUt~iEP!TApx„STt~`!~P TAX
~ a = JUN23'T2 `~.~"._4= -
. N V OF~f.~F t[YFktl[IS ~ e~ 4 5 0=
P.B. wo~ ~z
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This is a seconc? mortgage, being inferior ~~nly to a ~rior first mortga~e from
mortqa~ors to riort~ac~ee dated January 25, 1972 and recorded in O. t. Book 199
na~e 1Q96, Public Fecozds of St. I.ucie County, ~loric~a. ~
RECEIVFD = 6 pl PAYMEM OF T10~
DUE ON CUISS 'C' IN1AN618LE PERSONAL PROPERIY,
PURS'.i~WT TO CFtAP,~s 71•134. AC1S OF 197~~ a'
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(tQ:,fR ?OIT4/l.; /
ceFxx crsc~~r c:;~~nr, sr. iL~f oo. FU.
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rogether with all and sirgular the tenemenn, herediaments and appu~tances the~eunto belonginy w in anywis~ ~ppertaininp therero, and ~II rtnri, isfws, j
pr«eeds and profin accruirg and to xcrue from said premises, atl of which ue inclvded ie~ fhe abav~ and'fw •
eyoinp deacription ~nd h~b~nd~?m.
;
TO HAVE AND TO HOtD the sbove described and granted premises vnto fhe ssid MORTGAGEE, iri svttessws ud auiyiu fonver. Md tht s~id ~
MORiGAGOR for thei r executors, sdministntors and assigns, hereby covensnri with the said MORTGAGfE, in woceswrs .nd asipm,
rhat --Y------
the a re ~awfully seized of the said prcmi~es in fee iunple; that the s~me sre free, cku u+d dixMr~ed from ~II li~m snd ~
brances in Isw or in equity, and thst they w~~~ a~ thei r hein shall w~rrant ~nd defend tht title to tF?~ sam~ to the sdd
MORTGAGEE, iti successors and suigns, ~orever against the I~wful claims and dem~nds of ~II persaq; ~
s
PROVIDED, AlWAYS thst if the MORTGAGOR sf+~ll pay unto the MORTGAGEE the promissory note her~irtbefor~ dest~ib~d and sh+U truly, promptly
and iully perfwm, d;xharge, execute, tomplete, comply with and abide by exh ~nd every the strpulatiau, ~rtemenri, conditaro ~nd covtnants of said
promissory note and of this Mwtga9e, then this Mortgaye snd the Estate hereby ueated sh~ll uase a~d bt null and void-
IT IS UNDERSTOOp tAat the word "Mortgsyor" whether in the singular w plurst anywhe~e in this Mwtyaye, shall be sir~utu if one only and i
sh~lt be plura! joiMly end severa!!y if more th~n one, ~nd that the wad "their" as vaed anywhere in this Mo?tp~y~ shall be tskan to me~n "his;' "hen;' ;
or "its;' wherever the conte:t w implies or admits. Also, that wherever there is a refaence in the coven~nb and ~yreemenft herein containtd to u~y of ~
the partiet hereto, the same iMll be construed to mean as well ~a the heirs, kQal r~presentatives, successors and auigra (eithet wlunqry by ~ct of th~
parties or involuntary by oper~Yron of the I~w) of the ssme and that the covensnts ixrein cont~ined sh~li bind ~nd ~he benefin and sdva~?ray.s irwre g
ro the respective heirs, legal repreuntatives, soccessors and ast°gru of tlx pari~es hereto.
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And said Mwtgsgors, fo~ themselves and their hein, tegsl repreuntatives, s~ccessors ~nd assyra, hereby joinNy ind severilly covenant and ayr~e r
+o snd witF~ the said MORTGAGEE, its sutces~s ~nd ~uigns:
1. To psy •11 and singutar the principal and interest and the vsrious and sundry sums of monty payaWe by virtue of said promiupy npte, ~nd this
mortyage, each and every, p~omptly on the days respectlvefy the ssme sever~tly lxcome due.
2. To pay all and singvlar the axes, ss~essments, levies, li~biiities, obtiyations a~d encvmbrancei of every n~tw~ ar+d kind now on uid desaibed
p~operry, a that here+ft~r may be imposed, wffered, placed, levied, or ~ssessed the~eon, a tMt hereafta may bs kvied a ~uess~d upon tha MortQ-
age, w the indebtedneu tecured hereby, each and every, when due and paysble, sccordinq ro 1•w, befae they become dsiinquem, ~nd befa~ any infersst
a+taches w any penalty is incurred; AND INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIED AND DISCHARGE~ OF
RECORO AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFfICIAILY ENDORSED
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIO AAORTGAGEE WITHtN TEN DAYS NfXT AfTER PAYMENI; and in the evsnt /F~at iny thereof is not
' paid, sst"sfied ~nd disch+rged w:d MORTGAGEE msy at any time pay the same a any psrt thereof withovt wsiviny w affectirg any option, lien, eq~ity or
•~aht unde~ w by virtue oi this mortgsge and the ivll amount of each and every such payment shall be immediatety due and psyabk and ~Mff besr interest
~•om the date thereof until p~~d at rate of nine per tentum per annum and toge~he~ w~th such interest shall be setured by the lien of th:s mor9ta~e.
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