HomeMy WebLinkAbout1409 . ~ ~ ° lJ
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?HIS IN~ENTURE, N4J~ th~ 19th d~ of J~Y ~ , 11.D. 19
72 ~ b~tvw~n
Gene L. Davis and ~aFaulda Dsvia + h s~_w~te
of St • 1'liC i@ Co~nty Flaid+, htr~iMfta dttign~t~d ~s tM "MORI~A~Ry_ ~nd FIRST FEOERAI SAVINGS ANO IOAN
ASSOCU110N OF fORT PIERCE. • corporatioe w~~nized ~nd ~xistinp undK IM I~w~ of tM Unit~d St~tp o~ ~rr?Hiu s~+d Mvinp Iri printipa) plao~ of
busin~ss in tM Ciry of foA P+KC~. St. ivci~ Co~~ry. flortd~, Mr~inafi~r d~sipnat~d,a tM "AhORTGAGEE." ~ -
WFiEREAS th~ MORTGAGOR b j~ntly tndebted b th~ NkORTGAGEE in N+s ium of ~ ig~~QeS~R.._ 9oai aod lawful ma~ey of ti+~ Un~~ed
S+ates adw~sced by tF?s MORTGAGEE unto ths MORTGAGOR, as evidenced by a c~nain promistory ~+as of even date her~with, of which tM fdiowinQ i~
wads u?d figurp b a trw copY. to-wit:
= 18,400.00 r,~,_3-18i577_
~ fwt Pi~rce. Fiwida, •711~y 1~1 ~ 19 72
Fa valw received, i, we w either of us, promise to p~y, withovf d~f~lca~ion, to the orda of FIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florids, the ium of = 18'~4~~~ with interest from date at the nte of7.~596 pe~ ~nnum, in monlhly irutali~
men~s as followi: = 152.Q0 on the day of SQ~~~~ 19_Z~ and ~ like wm on the cwrespa~dinp d~Y of exA month therr
ailar v~til the whole be fvlly paid. .
Each instaltment itnt sMll be appl~ed in payment of the interest snd then o~ the u~paid balance of the pri~tipal sum. If d suh k m+de io tM
paymem of any installment when due, and such defauh con?inues 30 days, then at ~he opYnn of the holde?, snd without ~ny other notice, atl the remsininq
~nstsllments shall be due and p+yabb at once. Privilege is pive~ to prepay ihis note in whole or in p~H at a~r time withouf pen+Ny. Neith~r fueb~ar~nte,
no. acceptance by the hotder thereof after any defaulr in any p~ymenta he?eon, shalf be deemed extensiw+. A Iste payment cFwrge of ~.l.~~ shall be
~dded to each insallmcnt remainirg unpa~d 7 day~ after it~ dw dafe, and a like sum shall be added ~o each auch installment ransinirg w~p~id 7 d~ys aAer
each sucteeding p~yment date. ~
E+ch maker, surety and rndorser hereof, jointty aed teverally, waivet demand, presentment protest u~d notice of p~oteit for tanpaymer?t, and fwthet
agrees to any extension of time of payment, either bcfore p after maturity, without notice to any of us; and to pay all tosts of collectiay includinp •
reasonsble attorney's fee in the eve*+t of any default hereunder, and he~eby severally waives all lxnef:t o/ homestead snd examption ur~der t!r constihHion
and Iaws of each Statc of the United States, a~ aqai~nt tbis obl;gation or a~y exte~sion a renewal hereof.
Witness the hand and seal of exh parry.
' S/Gene L. Davis ~
(5~?U
S/LaFaulda Davis ~
( ~2?'~ ? St~te Reve~w
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvriny psyment of t~id sum of S Ig~ 4~'~ ~nd tM parformance of ih~
covenants aed agreemanb hertinafter eapresxd, and fw divers Qood and valwbb considerstiora, by thes~ presenfs, does y~ant, bsry~in, sell. remiss,
release, tonwy scd tonfirm unfo tM MORTGAGEE, ib succeuors and assipns, all tMt tenain lot, piete or p~rte) of land, sitwtt, lyirg, and b~icg in th~
C~~~y ~ $'t. Lucie aed State of Fbrida, dewiMd a idlows:
Lot 2~ Block 4~ MARAVILLA COURT, accoYding to a plat thereof on
file in Plat Book 5, page 39, public records of St. Lucie County!
Florida. ?
~a
of L U~~ U pl efc4rfD tN PftY~FM 0~ Tp~S
ui S ~ A 1 t a~ STp~yP TAX DiiE ON CtASS `C' IN7AN6181f PERSONAL PROPEIi~Y~ `
DOCUMENTA~~,..~ pUR~WWT TO CFtAPTER 71-i34, A~G'iS Of 197L ~i r)
4 AgGFR PDlTRJIS U
~ Z =,,u~z+~ 2 7 6 OJ
. O = ~ C1ER1C CIRCUIT G.'tiRT, ST. Wt.IE C0, F1A
~ N V o~vt.ot e[rtK~;t
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E together with ~lt and singular tht t~nements, hereditamsnb and aqwrt:rxes th~rwnto b~lotg+rg or in ~nywik ~ppert~inirg tFwsto, and all rentt, ht~,
I proceeds and profi» acuuing and to ~ccrue from ssid pemises, sll of whid? ar~ indud~d i~ th~ sbov~ and forpanp dncription and fMbendum.
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~ TO HAVE AND TO HOID the ~bove deuribed aeid gruited premises vnto th~ s~id MORTGAGEE, its wa~ss~on and auignt forwM. Md ths ~aid
MORTGAGOR fo? th@i'! hein, uecvton, administntors and augro, hereby covensnb with tAe ~id MORTCsAGEE, ih woctaors u~d aaiprN,
fhat they are ~awfully seized of the said premis~s in fee simpl~; tMt th~ s~m~ sn 6~s, cle~r and dixhu~sd from all Ii~n and entvnr
S brances in law or in equity, and thst th~y will snd th@ir heks ~)wll wanan! ind defsnd t1» titl~ 1o th~ ~ to th~ s~W
MORTGAGEE, in aucussors snd ~ui9ns, fwevsr a~~kur ths lawful daims ~nd damands of all persans
i PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay unto th~ MORTGAGEE tM pomistory not~ her~inbefore deacr~ed ancl ahdl trvly, E?romptly
and fvlly perfam, disd?~rge, execute, complete, comply with ~nd ablde by each and every tlw stipuiatioro, apreemenb, cand~lo~s ~nd cov~nanb of s~id
~ promissory not~ and of this Mortyaye, then this Mwty+g~ and rhe Esate hersby created shall uas~ and be null and veid.
IT IS UNDERSTOOD that the word "Mortya~w" whether in th~ sinyulu q plwal mywhen in tha Mwt9ap~, sh~ll be sirgvlr if oe» only and
' sh~ll be plvrsl jointly snd severally if mon tMn one. ~nd tFut tFK word "tF?eir" ~s us~d anywh~rt in this Mwty~e shall b~ bksn ro mtan •'his,•• "F+en••
' w'its,° whe~ever the conre,ct so implies or admin. Abo, tMf wl~erever there is ~ refar~u in th~ coven~nls ~nd sp~~erMnri i~ein oont~in~d to aiy of
; rhe p~rties hereto, the same sMll be constrved w meao +s well as the hein, leyal npresentatives, suoc~sso~s snd auipro (~ither voluntary by ~et of th~
; Pert'~es or involuntary by oper~~;on of the law) of tl+e s~n+e and that the covenana he~ein canained ~Fwll bind snd tM banefip and advantay~s irnn~
?o rhs ~ap~ctirs hein, kgsl rep.es~ent~tiws, succeswn and sas~yns of th~ putia hereta
+ Md saW Matg+qws. fa tF+ems~lves and thei~ heirs, lep~l representatives, wcceuas a~d usipm, hereby jointly u~d ~tvtrdly tovan~nt snd apree
f to uid with ths s+id MORTGAGEE, iri succtssors and auipns:
s 1. To psy dl ~nd sirgula the principal rnd intaesr snd the w~iovs ~nd sw~dry aurra of money paYabb by virnre of said promiswry ~ob, u~d this
€ monpsps, saci~ ~nd every, pranptly on tF~e daya respectively ths samt swewllr become due.
2. To p~y all and wgular the t~xes. ~ssessre»ns~, levies, liabilities. oblgatian ~nd ~ncumbr~nces of every natun and kind now on wid dauib~d
~ propeny, a tMt h~resha m~y b~ imposed svffNed. Plsad, twied, or ~ssested thenon, or Mwt hersafter may b~ lwi~d or asaswd upon thls NIor1~
eye, w tM indsb~edrKSS secvred hereby. ~xh and ~very, when dw ~nd payable, accordieg to law, btiw~ ther become delirpuent, and b~for~ aq? h~tKest
a attathes w any pen~lty is inturred; AND INSOFAR AS ANY THEREOF IS OF RECORD 1HE SMAE SHALL 6E PROMPTLY SATISfIEO ANO OISCHARGfD OF
g RECOR~ AND THE ORIGINAL OFFICIAL OOCtINIfMT (SUCH AS, FOR lNSTANCE, THE 1AX RKEIPT OR THE SATISFACTION PMER OffItIALIY ENDORSE~
' OR GERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORtGAGEE WITHIN TEN DAYS NEXT AFTER PAYJNENT; u~d in the event that aey tlwreof b not
~ paid, sst:~fied and discharged sa'd MORTGAGEE may ~1 any time pay the same a an
f y part thereof witlwvt waiv'ag or affecYug ~rry option, lien, eqviry or
# •iqht vnde~ a by rnve of this mortgsye and the full amount of euh ~nd wery wch payment shall b immediat~ly due ~nd payabl~ and shall b~ar intaest
s s.om the date thcreof until psid sr nte of nine pe~ centum per annvm and royether with such„y~~~~~~~Iien of th:s marytapt.
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