HomeMy WebLinkAbout0537 / 3
'.".~~9$~~ ~
THIS INOENTURE. Mad~ th~_~8 th dsy of J11~~ ~_i ; , A.D. 19 betw~e+~
~Ta~n 1~iL (~odbol d and Vivian L. Godbol ~ hi a wi fe
a( St. Lucie ~ CpuMy Florida, h!/OiMfiN desqnatcd as ~"MORTGAGpit," u?d FlRST FEDERAL SAVINGS AND IOAN
ASSpC1A?ION OF FORT PIERCE, a oapaation oryu?i:~d ~nd exiuinp under tM lawn of tM Unihd Statp of Arn~~iu and hsvtrg its principal plus of
busiMU in tM City of Fwt Piuu, St. lucie Cou~ty, fbrida, Atr~inaft~r desiynat~d u th~ 'MORT AG~E" ti
WHEQfAS tM MORTCsAGOR is 'vstf indebt~d to tM MORTGAGEE in ths sum of ~ 2~ ~~QO ~
1 Y ~ good and lawful money of the U~~ted
S+ates adv~nccd by ths MORTGAGEE unto ths MORTGAGOR, as evidenced by a cer~~in pramiuory note of even date herewifir, of which the followinp in
words and fiyurty is a trw copy, to-wit:
~ 27.600. oo ' 3-~ 8, 5~ 6
~ P~.. F~«~d.. ~une 28 ~q~
ior value ~eceived, 1, we or either of us, promise to y, witFaut defalcation, ta rAe orde~ of FIRST FEOERAI S~AV~M~I ANO LOAN ASSOCIATION OF
FORT PIERCE af F 2Pierce,Olorids, the sum o~~i = 2~ ~OQ • w;th interest from date at the rate of !•~96 pe? annum, in monthly install-
ments u foltows. =-2~ on the 3 t. ~y of Oc tobe r ~q~ ~ ~ Iike sum o~ ths correspo~d,ny day of each month therr
a(rer until the whole be fully paid.
Each installnxnt first shslt be appGed in payment of the inferest and then on the unpa;d balsnce of the princ~~al sum. If d ault is made in ths
payment of any installmenl when due, and such default coNin~es 30 days, then ~t the opti~n of the ho~der, and without any other notice, all the remaining
~nstallments shall be due and payabk a1 once. Privilege is piven to prep+y ihis nots in whole w in part at any time without penalty. Meither forebearance,
nor acceptance by the holefer thereof after any default in ~ny paymMft hefeon, shaft be deemed exte~sion. A late paymenf c1?srge of ~ ~ shall be
added to each installme~t remainir~g ~npa;d 7 da~ afrer in due date, u~d a like sum shall be added to each such iostallment remaining unpsid 7 days ~fter
each s~cceeding paymenf date.
Each maker, surety and endoru~ hcreof, jointly a~d severally, w~ives demand, preuntment protest and notice of protest for nonpayment, and furthe?
agrers to any extcnsion of time of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of collection, i~cludinp •
reasonable attwney i fee in the event of any default hereunder, snd hcreby uvcrally wsives all benefit of homestead and exempfion under the tonsiitution
a~~d laws of each State o( Ihe United Statts, as aga~nst this oblgatio~ or any extens;on a.enewal hereof_
Witnes: rhe hand e~+d ~esl of-esch pa?ty
s/ John W. Godbold ~U
c~?u
s/ Vivian L. Godbold ~q-
t • 40 + sr~te aevenue ~U
(~thd~arl~trrstanm)
NOW, THEREfORE, the MORTGAGOlt fw the purpose of secvring paymMt of said wm of = 2~ ~ 6~~ ~ , ~nd tht
pe?formance of ths
coverNnq ~nd agretments hereinafter expressed, and fw divers good ~nd wlwble cansiderations, by thae presents, does gr~nt, barpain, sell, remise,
release co~ver and con{;rm unto the MORTGAGEE, its auccessors and auiyns, all that certain lof, piece or pucel of bnd, sitwte, lyin~, and beir?p in tAs
County of St . Lue ie ~ and Stste of Fbtid~, dewibed as follows:
Lots 17 and 18, Block 3, WAGNC~R SIIBDIVISION, as per
pZat thereoi' on file in Plat Book 9, page 74, of the
Publ ic Records of St . Luc ie County, Fl orida
}
. ~
1
{
w S 1~+ C~~F t= L U F-1 I U A
~ ; oocun~~~~-rao,~.
STn~n_
- Jo _~irn~~_~~=;4140=
- - _
{A U OfiT.bf P.f4:}~UE '..-~»w'
•P.B.~9oi~x
s: .z G~H P,~,~orr oF n~
%?~°Nwrria ~ i"i""ic°e~ v~o~n
~E~~~R~~ 19/L f
C1Ela( CIliqlR ~pURT. ST. LULyF Op
, Rl~
rogetMr with sll and singular the tenements, hereditsments and sppurbnces therevnro Mlagirg a in anywi~e apperqir?inp ft~ereto, snd a0 renri, issws,
proceeds and profin acuuirg and to ~ccrue from said premises, atl of wFi~d+ are.ind~ded in tFr abov~ end faparg desuiption and Mband~xn.
TO FiAVE AND TO HOID tFie sbove dexribed and y~~nted premises unto tl+e said MORTGAGEE, its s~ccessors snd auiyns fwevK. Md th~ s~id
MORTGAGOR for the i t' Ixin, executon, sdministrstas ~nd sisigns, he~eby covenanb with the uid MORTGAGEE, its s~xYeswn ~nd +usi~n,
~hat ~l~'-v-aY-'9 lawfully se~zed of the said premises in fee simpk; that th~ s~rn~ us fne, clear and dischar~ed from all liens and ~ncven-
brances in Iaw or in equity, and thst~_ w~n •~d their hein aMf1 wur~~t ~nd defend ths titl~ to ~Iw saem ro Mie ptd
MORTGAGEE. ib succes~on and assiyra, iwaver ~gsinst tfie Iawful claims ~nd demands of aU persoro;
PROYIDED, ALWAYS thst if the MORTGAGOR shall pay ~nto tl+e MORTGAGEE the promissory noro herei~efw~ dascribed and sh~ll nvly, prpnptlr
and fullY perfwm, discMrgs, ezacute, complete. comply witb and sbide by each and ewry fhe stipulatipu, ayreemenri, canditiaa and ooveoanb of said
p.omiswry note and of this Mortqape, then this Mwtyape and rhe Estate ber~by asated shdl ceas~ and bt null and wid. ~
IT !S UNDERSTpOp tMt the word "Mortpsyp" whether in the sinpubr or plwal ~nywhet~ in this Mortyay~, shall b~ si~yula if oe~ only ~nd '
sh~ll be plural jointly snd sevcrally if mort than one, snd that the w«d "~heu" as used ~nywMre Ln this Mon~a~e shall b~ taken to me~n •'his,•• •'h~n" `
or "its," whe~ever the context so implics w sdmits. Also, that whereve~ thcre is a referente in tM coven+nb ind ayreemenb her~in contai~d to ~rryr of
:!x psrties hereto, the s~me shall bs ow~strued to mean as well as the hein. I~yal reprrsentatives, suaeason and sasiQns (~ith~r vol~ntary by ~ct of th~
parties or involuntsry by operation of the Isw) of ~he s~me snd that the coven~nts her~ir? co~tairiad sh+lt bind a~d the benefits ~nd advantayp irNrr~
ro ths respec?ire heirs, leyal represenutives, successors and sas~9ns of the paniss hereto.
Md said Mortgsgora, fa themselves ~nd thei? hein, legsl representatives, succes~ps and auiyns, hereby jointly ~nd severally covcnant ~nd apr~e
ro and with th~ said MORiGAGEE, in successon and auiyns: ~
2
1. To psy ~II and sinpular the principal and ioterest ~nd the various snd sundry wms of mw~eY paY~bl~ b~i vlrtue of ~aid pramiuwy nof~, and tha ~
mortyaQe, sach and ~wry, prompfly on the d~ys respectively the tame sev~rally becorn~ dw.
2. To pay all ~nd sirgulH the taxes. ~ss~ssme~b, I~vies. liabilities, obliq~tiau u~d encvmbrances d every natun and kind now on ~aid d~scrib~d
property, o~ tlut here~ft~r may b~ imposed, suffered, p~ated. Iwied, or aacued ther~on, or thrt her~~ha may b~ kvied a as~ssed ~on this Mwt¢
s9e, a the indebt~dness secvred hersby, each and every, wMn dve and payabb, +ccordinp ro Irw, befon they becan~ delinquem, and b~for~ am? iMera~
artaches a ~ny penalty is incurred; ANp 1NSOFAR AS ANY THEREOf IS OF RKORD THE SMAE SHAII SE pROMPTtY SATISFIED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAI OOCUMENT tSUCH AS, FOR INSTANCE, iHE TAX RKEIPI OR T11E SATISfACT10M PMER OfFIC1AltY ENDORSEO
~R CERTIFtED) SHAII BE PLACED IN THE HANDS OF SAtp MpRTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; ~nd in the ewtm that any tF~ereof is npl
paid, ssYS4ied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof witFw~t waivirg a affectirg ~ny option, tien, pvify or
•~ahT uRder or by virtue of this monga9e and the full smount of eacl? ind every s~ch paymeM shsll be immediately due +r,d qayabk ~nd shall bear i~terest
~•om the date thereof until p~id at rate of nine per ce~tum pe~ annum and toyether w~th such inte~cst shall be lien of th:
603K Pt,CE ~
z
~~_.~a~~-_?-___ , - ~ c~
. _ _ _