HomeMy WebLinkAbout0870 233~10
THIS 1NDEN)URE, Mad~ ihe 7th day of `jUly . A.D. 19??r betwe+e?
43 he~ Sa~tigt Church qf Fort Pierce~ Florida~ Inci, ~ or~ ora ;on not
_ foz nrofit under the l~ws of the ~tate of Florida
of $t. Lucie Co~nry Florida, he~a~nafie~ de~ig~ated as the "MORTGAGOR," and FIRST FEOERAI SAVINGS AND LOAN
ASSOCIATION OF fORi PIERCE, ~ corporat~on wganizcd and ex~sring vnde? rhe laws o! ths Un~red S?atas of America and havin9 its pri~cipal pl~ce of
busi~eu i~ the City of Fort Pierce, St. lucie County, Flaida, hereinafter designated a~ tM "MORTGAGEE:'
WHEREAS Ihs MORTGAGpR is justly indebted to 1he M.7RTGAGEE in the sum of s S~OOO~OO , good and lawful money of the Un:ted
S~ates advanced by the MORTGAGEE unto tf~ MORTGAGOR, as evidenced ~y a certa~n prom~uory nare of even da?e he~ew~tF, bf which the following in
wordi and figures is a t~ue copy, to-wit:
z 5,000.00 ~ r,~, 3~18,~49
.
Fwt Pieres. Flaida, `~uly 7 19 7`~'
fo~ value received, 1, we o~ either of us, prom~se to pay, without defalcaf~on, to the order o( FIRST FEDERAL S/IVINGS ANO IOAN ASSOCiAT10N Of
FORT PIERCE at Fwt Pierce, Florida, the sum of S 5.O(~. w;th interest from date at the rate of $s~ per annum, in monfhly install-
~~ents as foltows: S 51• ~ on the 152h day of AuquSt ,}q 7? and a like sum on the cwresponding day of each month there-
after uMil the whole be fufly paid.
:
Each installme~t first ihall be app!ied i~ payment of the interest and then on the unpaid batance of the prir+upal sum. If d ault is made in the
F•ayment of any instaltment when due, and such default continues 30 day~, then at the option of the holder, and without any other notice, all tF~ remaining
;,~srallmrnts shall be due and payable at once. Privilege is given to prepay lhis note in whole w in parf at any time without penalty. Neither forebearante,
nor acceptance by the holder thereof afte~ any default in any payments Fwreon, shall be deemed extension. A late payment ci~arge of j 2• S5 , shsll be
added to each installment remaining unpa~d 7 days aiter its due date, aod a like sum shall be added to each such instaltment remaining unpaid 7 day~ after ~
eath succeeding paYmenl dafe.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment p~otest and notice of protest fw nonpaymMt, and funher
agrees to any extension of tm~e of payment, e~ther before or aiter matur~ty, without notKe to any of us; and to pay all costs of coltection, inctud~ng a ~
reasonable attaney's fee in the event of any defau!! hereunde~, and he~eby seve:alty waivas all beneiit of homestead and exemption under the ta?stitution
a~d taws of each State of tlx United States, as aga~nat this obG arion or an extension w renewal hereof. ~
w~t~ess the hand and seal oi each party. $fiT~L BAP~IST CHURCH OF F~ORT PIERCE ~ FLQR IDA ~ INC .
•r~ ~By:; S/ Wiley G. Wooten, President~E,~q f
Corporate seal affixed S/ I.eonard Lowe Trustee ~Ai~ t
ohn t . Lee, Trustee '
S! John M. Davidson, Trustee ~U -
~ ,S 7 . 50 srate Revem?e =
~Stantpt~eNedron~o~i~i+w~ we~e~ ~
NOW, THEREfORE, the N~ORTGAGOR for the r S OOO OO
pu ?ose of securinq p~yment of sa~d sum of S + • , a~d the performance of fhe ~
covenants and sgreements hcreinafter expressed, and fa divers geod and valuable considerations, by thex presents, does gra~t, bargain, sell, ~emise,
refease, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all fhat certain lot, piece or parcel of land, situate, lying, ~rx! being in !hs
County of SL . L11C3.@ snd State of Ftwida, desvibed ~s follows:
t'aRCEL 1: Lot 5, less the vorth 8 feet thereof, PIVE VISTA SUBDIVISION, as per
pZat thereof an file in Plat Book 9, page 58, Public Records of St. (.ucie
County, Flozida;?
?aRCCL 2: The West ?85 feet of the Bast 495 feet of the ;+Test 528 feet of the
South t2 of the SW4 of the NiV'{ of the SE'} of Section 19, Township 35 South, f
Range 40 Bast; LESS the Sauth 33 feet thereof conveyed to the SYate of i
Florida by Deed recorded in O. R. Book 152, page 46~;i
- This is a second mortgage being junior and
inferior only to a prior first mortgage
from mortgagors to mortgagee dated yay I7,
I9T1, and recorded in O. R. Boak 19~, page
1937, Public Records of St. Lucie Cour~ty,
Florida. -
_ ~ C~
W S~ 1"A~T ~ oF F- L U R I t7 A U R I D A ~ M PAtliltfM OF t~ _
v~ DOCUMENTA~" STt~MP TAX .TA~IP TAX - DIE pN C(ASS ~C INTAN618tF pERSONlIL rRppERI'~ ~
~ = JUL 17'T2 9. - - PURSiWIi TO GIMTER 7t-131. AL'7'S OF l9)1~!
~ ° = "i 475~ ~~=275; ~R~.~
N~ OEPT.OF REYEplf y" f~IFRK CIRCUR OOURT; ~i. lUC1E G0. FlA
PR „oiit . - .
together with sll and tingular the te~ements, hereditamenri and spp~rt~nces thereunto belongiog or in anywise appeN+ininq thereto, ~nd all renb, iuws, ~
p~xeeds snd profin acauing and to accrue from :sid premises, att of wFict~ sre included in the above ~nd foregoiny dewiption and habcndum. ~
TO HAVE AND TO HOlO the above dexribed and grsnted premises unro the said MORTGAGEE, it~ waeuas ind auipru fwev~r. Md ttw s~id
MORTGAGOR fw 1 t S heirs, eaecuta~, administ~atws and sssigns, hereby covenann with the said MORTGAGEE, its wcceswn and aai~ro,
rhar - lt- 15 Iawfull sei:ed of tlx said
Y premises in fee simple; that the same ~re free, clear and dixF+~rged from ~II liens ~nd ~ncurt~
brances in Isw a in equity, and that 1 t will and 1 t S heirs shall wsrrant snd defend the titk to the ume to th~ s~ld
MORTGAGEE, its successon and assigns, fwever against tfie Iawful claims ~nd demands of all periont;
PROVIDEO. AIWAYS thsf if the MORTGAGOR shall p~y ~nto the MORTGAGEE tF~e promiswry nofe hereinbe/we dewibed ~nd shall trulY, promptly
and futly perform, disc.`»rge, exccute, comptete, comply witi? and abide by each and every the stipulations, agreements, conditions a~d covenanti pf u~d
promissory note and of this Mortgage, tF~en this Mortgage and the Estate hereby ueated shatl ceese and be null ~nd void.
IT IS UNDERSTOOp that the word "Mortgsgw'• whether in the singular or p?wal anywhere in this Mwtgaye, sha(1 ba singula~ if one only and
shall be pfunl joinNy ~nd severaAy if more thsn one, and lhat ~he wad "their" ss used mywhere in this Mwtgage ihall be tsken to mean "his:' •'hen••
or "its;' wherevd the context w implies p admits. Also, that wherever there is a reference in the tovenantt ~nd ~reemenri herein eontained to any of
rhe ps?ties hereto, the ssme shall be construed to me~n ~s weil si the hein, legsl ~~presenfafivct, successon and aa~igns (eithe? vo)untary by ~ct of tM
paniq w involuntsry by operation of the law) of the same a~d that Ihe covenants herein contained shall bind ~nd the benefiri ~nd advantayes irwr~
to the respective heirs, kgsl representatives, tuccessws and ass~gns of the psrties hereto.
t
And said Mortgsgas, fa themulves ~~d their heirs, Iegsl representatives, successo~s and assig~s, hereby jointty and sever~lly covenant ~nd ayree
ta snd wifh tbe aaid MORTGAGEE, its successors and assigns:
1. To pay ~II and sin9ular thc princ;pal and intcrest and the vario~rs and surxl~y sums of money payable by vinue of said promiuory note, and this
mortgsge, esch snd every, promptly on the d~ys respectively the same severslly become due.
2. To psy all and sirgular the taxes, e~sessments, levits, liabilities, obligations and encumlxsnces of every nature and kind now on sed dacribed
property, o~ that hereafter may be impoted, suffered, plxed, levied, w auessed thereon, w thit hereaita may bs levied a assetsed ~pp~ thit Mort¢
age, or the indebtedneu ~ecured F?ereby, each and every, when d~e and payable, accadiny fo law, befwe tF~ey become de~inqvem, a~d befwe any intereit
attac(xs w sny penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THF 511MF SHAII BE VROMPTLY SATISfIED AND DISCHARGED OF
RECORD AN~ ?HE ORIGIhAI OffICIAI ~OCUMENT (SUCH AS, FOR INSTANCE, Tf1E TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERi1FIED) SHAII BE PLACEO IN THE HANDS OF $AID MORTGAGEE WITHIN TEN OAYS NEXi AfTER PAYMENT; and in the event that any thereof is ~ot
pa~d, ssYSfied and dluhuged ss:d MORTGAGEE may at any t~me pay the ~ame w any part Ihereof without w~iving or affecting any opYan, lien, equity w
•~Aht under or by v~rtue of this moregage and the full amount of each and eve?y such payment shall be immediately due and p~yabk ~nd sh~ll bex interest
~rom the date thereof untit pa~d at rate of nine per unrum per annvm and toydhe? wi?h suth interest shsU be secured by the lien of th:s morpupe.
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6oon 2U4 Pncf
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