HomeMy WebLinkAbout2740 ~ ~ ,
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THIS INDENTURE. Mad~ th~ 3~h d+y of J~ A.D. 19?~ b~tv+t~n
Nelsan P. P~qne, Jr. and Joan Pa~yne~ his Wife _
of St. ~+1~C~A Coy~ty Flaida, FM~fiMFfN d~sigA+tsd ~s th~ "MpRi6AGOR," ~nd FIRST FE~ERAI SAVINGS AND IOAN
A~,SpC1ATtON Of fORT PIERCE, a co?porafion wyanaed and ~xistinp w~dK tM laws of tM Unit~d St~r~~ of Ame~iu and Mvinp ib pri~cipal pl~t~ of
busin~ss tn tM City of fwt P;ac~, St. Lucis County, Flaida, h~reinafter dsilpnat~d as tM "MO TGAGEE:'
WHEREAS fM MORTGAGOR is jvs~ly ie~debted to th~ NIORTGAGEE in tM sum of i ,~ood and lawful mor.ey of ?hs Un~ted
States advarxed by th~ MORTGAGEE unto ths ~1110RTGAGOR, as evidcnced by a cena~o promiuory noq of evee date hsrewitb, of whlch the iollowi~g in
wor;
~ nd figur~s • trw copY. to-wil: Q ~ .
: ,500• o,5"z
~
iorf Ple.a. Flwids. JW'lB 30 19 ?2
Fw valve receivcd, 1, we a either of ~s, prom~ ~o p~y, without def~lcation, to the order of FIRST FEDERAL SAVIN~ ANO LOAN ASSOCIATIOM OF ~
FORT PIERCE al iqt Piercs Fbrida, 1he sum of s with intere~t from date af ths rate of 7~?-"}6 pe~ innum. in monthly install- ~
~nents as follows: s ~ on the 'st' day of ALl~ust' ~ 19 72 and a lika sum on the correspa+dinp ~y p} each manth thert-
after until the whols be fully paid. '
fath iratallmsnt first shall be ~pplied i~ paymcnt of the intere~t and then on the unpaid b~lsnce oi the printip~l swn. If d a~lt is mad~ in 1M
payment of any i~stallmem when due, +nd such default cw+tinues 30 days, then d the option of the iwlde~, +nd wirhovt any other +atic~, al) ths ~em~ininy
~n:tallmenrs shail be due and payabte at once. Ariv'elege is givcn to prepay ihis note in whole o~ in p~h at any time without penalty. Neithar fotebearance,
nor acceptance by the holde~ fhereof after any default in any payments hereon, shall be deemed extension. A Iste p~yment charye of i 6~80_. sh~ll b~
added to each instaltment ~cmaining unpaid 7 days ~fter in due date, snd s like sum shall tx added to each such instaUment remaininp unpaid 7 dayl aftN
each sutceeding payrnent date.
Each maker, surery and endorse~ he~eof, join?ly and uver~lly, waives demand, presentment protest and notice of protett for nonpsyment, and furthe~ ±
agrees ro any extension of time of paynx~t, either before or after matu~ity, without notice to any of us; and to pay all costs of cotiection, inctudinp ~
reasonabk attaney's fee in the event of any defautt ixreunder, end hereby severa!!y waives all benefit of homestead and exemption under the cwatitution
and ~aws of erch State of the UnitEd States, as agafnst ~his obtigation w any exteoaion or .renewal hcreof.
W~tness the hand and seal of each party. g~ Ng1,30A p. p~RI@~ JI'•
(SF~?q
I5~?U
s Joan Payne
( ~~•7~ ) State Revenue ~U
(9ranlp!!~I!?C1Ilt!!!'E11'OM~r~!"~Rllllr
NOW, THEREFORE, the MORTGAGOR for tM purpose of securing payment of ssid sum of i ~ 61 and the performa~cs of th~
covenants and a~resmenb Fiereinafter expressed, and fw diveri yood +nd valuab{e consider~tions, by these presents, dots g~~nt, Mryaio, sell, remise,
retease, convey and confi~m u~to the MORTGAGEE, its iuccessors ~nd ~ui9ns, ~11 that ceruen bt, piect or pucel of fand, situatt, lyinp, and bei+g in tht
~ovnty of St •~1Ci@ ~d State of fb?ida, dewibed ~s follows:
Lot lt, BRIA~GATE SOBDIVISION, as per plat thereof recorded ~
in Plat Book 14, Page 19, of the Public Aecoards of St. Iucie
Co~unty, Florida
W STATE ~F FLORIDA
t~ ~ DOCUMENTA.p" STbiNP TA X - ~CE~V~ t ~ ~ ~ ~+t~r'R ~F j~
_ - a••••'~+ Glif ON CWSS'i.' IKGNiGIBIE x'S'-:t4AL PROCERt'[~
J ~ -'~2- ~ s~; PUiiSUrJtT TO CFU1PiER 7i-134. R:,'iS (!r ~1Sl1.
A~'~ER i
~IT~AS ~ ~
F U = • a..• s 2475= ~
N OEiT.Oi REY[IttlE _ (~`J(~(JR ~JRT, 1~. ~Jul~ F(~
P.B.~vo~i: -
rogetie~r witF~ all and sinpular the te~ements, haeditamenri snd ~ppurtances tlwewito belorginp w&~ ~nywit~ apptrt~ininp thereto, and ~0 r~n». issues,
proceeds ~nd profits acuuinp ~nd to ~ccrue from s~id pr~mises, sll of which ue indvded in the ~bov~ and fwpoirg d~scriptan and haba~dvm.
! TO HAVE AND Tp 1~plD the abow described ~nd 9ranted premisea unto th~ said 1NORTGAGEE, its successon and assipro forewr. Md tM ~aW
t11AYr ,
l~M1ORTGAGOR fo? hein, e:ecutors, adm;nistnton and ~uign~, hereby covenanq with ths a~id MORTGAGEE, its waesson u~d assipm,
'f.2'lA 92~8 y pr~;~ fe~ sim 1~; that tM tam~ us frw, ckar ~nd d'
iha~ ~ IawfuO seized of rhe ~ad ncharped from ~tl li~ns and enn.:~
brance~ in taw or in equiry, and that ~ep wiU and t~~r hein shall wunnt and dsfend the title w tFN ~me to tM aafd
MORTGAGEE, its successors ~nd suigns, forever p~inst tl+e lawful clsims and demands of +11 perwns;
, PROVIpED, AlWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE tFr promiuay not~ hereinbtfor~ descri~sd and th~ll truly, promp?Ip
and fully perfwm, d~scMr~e, execvte, compkte, comply with and abide by e+ch and wery the stipul~Yroeu, ~reements, conditara ~nd corsnanis of said
promiuory not~ ~nd of this Mortga9e, then this AAortQage and the btste hereby aeated ihall u~se a~d b~ null ~nd void.
IT IS UNDERSTOOD th~t the word "Mortpapot" whcther i~ tM sinpul~r a plw~l anywhas in this AAortya~, siufl be sirgulu if o~e only snd
shsll b~ ptural joimly ~nd severally if more than a+~, srd tMt the word "their" a~ vsed anywhe~~ in this Mwtpay~ shatl b~ taken to me~n "his:' "han,••
or "its," wherever the context w implies w admits. Also, tMt wt~e~ever ther~ is a ~eference in the covenann u~d spreNnents h~r~in oont~ined to ~iry of
rF~e p~rties Me?eto, the same sMll be coronued to mem ~s well as tlw hein, leyal npresentatives, wcussors ~nd assipna (either volunlary by aci of th~
parties or involvnr~ry by operatio~ of the law) of the same and that the coven+na herein contained ~MII bind and tFw bensfit~ snd advantap~s i~w~
ro the r~spective he'ws, Ipal represcntatives, successws and ~u°qnt of tFM partiN herNa
Md said Matya9ws, for tMmselves ~nd their l~eir:, layal representatives. t~tceuaa u~d ~uiyns, hereby jointly and serrK~lty oovenant and ay~te
fo ~nd with the said NWRTGAGEE, its successors and auiyru:
1. To pay a!I and sinpular the prindpal ~nd interest and the wrio~s and sundry wrm of money paY~blt by virtue oi ssid promisfay not~. ~nd this
mortyaye, each and every, promptly on tM days respectively tiw s+me sewrally become dw.
2. To pay ~II and ~in~vlar th~ taxd. ~ssessments, levies, tiabiliues, oblyatian ud enaimbr~ncss of wery nrtw~ ud kind now on said d~sw~d
property, w that hertafte~ may bt i+npoted, wife~ed, plated. levied, or wtssed thereon, w tiwt her~aher may b~ Iwied w p~st~d upon thb AM~1¢
aye, or tM indebtedness secv~ed hereby. ~ach and ~v~?Y, wMn dw ~nd pay~bl~, accord'+rg ro law. beior~ they becan~ delie?quent, u~d btfw~ any im~a~
attaches or any penalty is intwred; AND INSOfAR AS ANY THEREOf IS OF RECORO THE SAJYlE SHAU 6E PRONIPTLY SATISFIED ANLI DISCHARGED Of
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RKEIPT OR THE SATISfAC110N PMER OFfIC1AllY ENDORSEO
OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAtD MORiGACsEE WITHIN 1EN OAYS NEXT AfTER PAYMENT; ~nd io tM ~vrnt th~t any thereof is not
paid, sat~sfied and diuharged sa:d AAORiGAGEE may at any time piy the same w~ny p~rt the?eof witiw~t w~ivi~q o~ +ffectinp ar?y optwn. lien, ~qvity p
~~aht ~nder a by virt~e of this morrgs9e and the full amount of each and evcry such payment ihall bt immediately due u+d pay~bk and ahall btar interest
~~om the date thereof until paid ~t rate of nine per tentum per annum and toyether with fvch inter st ured by th~ lien of th:s morptaye.
800 ~a~2740
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