HomeMy WebLinkAbout1413 ` '~~~~fI~3
iHIS INOENTURE, Mad~ tA~ 21st d+y of • l• ~ul A.O. 19
72 ~ bNw~
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J. David Gahn and E. Ruth Gshn, his wife
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of $t • LuCi~ County Fla~. herein~fta dssignated u d+~ "MORTGAGOR." +~+d fIRST FEOERAL SAVINGS AND IOAN
ASSQCIATION OF fORT PIERtE, • oorpor~tion wpu~i:ed and ex~sti~+p w~de~ tl+~ laws of /M Unit~d SutN of' Ame~k~ •nd havinp in pri~cipal plac~ of
. b~+sintas in th~ City of fwt PiKU. S1. lvti~ County, Florid~, lwr~i~afta dtsipnat~d ss Nw "MORTG/1GEE."
WHEREAS tM MdRT('sNGOR is justly lndebl~d to 1hs MORiGAGEE in ths wm of = jS~~O•~ • , good +nd lawfut money of the Un~ted
S+atei advanced by tM MORiGAGEE vnto ths MOR(GAGOR, as evidanced by a cKtaie p~omiuory nots of even date her~with, of which ths tollowinp ie
` words and fipures is a trw copY. to-wit:
~ = 15~~~~ ~ ~..~8~588 `
` Fort PiHp. Florid+. .Jllly 21 t9
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\ For valus ~eceived, I, we w either of us, promise 1o pay, without d~f~lcation, to the order of FiRST FE~ERAt SAVINGS AND IOAN ASSOCIATIOIti Of
~ y FORT PIERCE at Fort Pierce, Florida, the wm of = 1S~ ~ witA in~erest from date at tM rat~ of 7• 5 9G per srv~wry in mo~thly install-
me~n as follows: i 111 on the 1St ~y of Septeaber~ ~9 72 and a liks sum on ths co~respa~dir+p day of ~ach mor.th therr
~ afeea until the whols bs fully p~id.
E~ch installmeM fint shall ix applied in payment of the interest and then on the unpaid bal~nce of the {xincipal svm. If d auh $ made in ths
~ payment of any iratallment when due, and such default tontinues 30 days, thM et the option of the holds~, and without any orher ootite, sll ths rem~ining
~ ~nstallments :hall be dve arx! payabls at once. Privilaye is given to prepay this nots in whole or in psn at any time without penalty. Neithar faebearaoce,
3 ~w acceptancs by the holder ~hereof afte? any defa~M in any payments hcreon, shall be deemed exteasan. A I~te paymeht cFwrge of S S• 55 shd~ be
~ added to each installment ~emaininy unpaid 7 days after iri due date, and • IiEe wm shal) be added to each such i~stallmenT semaininp unpaid 7 dsys aher
each sutceeding p~yment date.
~ Each make
, swery and endorter hereof, idntfy and severally, waives demand, presentment p?o~est and notice of protest for ranpayment, and further
ag~ees to any exte~ian of time of payment, either before or aftcr maturity, without ~otice to any of us; and to pay al) cosb of collection, Indud;np •
reasonable attwney's fee in the event oF any detault hereunder, and hersby sevcrally waives all benefif of homestead and exemption under 1he constitol'an
' and laws of each State of the United States, as sgainst this obligatan d sny extension or ~enewal hereof,
Witness the hand .a~d seal of esch party.
~ (SEAI~
~ J. David Gahn ~
~
~ B. Ruth Gahn
(s~u~
1' c '~2 • SO ~ State Revenus
V (Starop~ caontkd.m .o~isin~Lm~) . -
NOW, THEREFORE, the MORTGAGOR fw tht r 2 S ~0 • OO performante pf the
~ pu pose of secvrir~g p~yrnent of s~id sum of = • ~nd the
coYenann ~nd ~yr.emenq here'u+afrer eapresud, and fw divcrs 9ood ae~d wlwble coosiderations, by these presents, does gront, buyain, sell, remise,
release, convey and fi~m unro ~?~e MORTGAGEE, its successora and ~ssipns, all that cen~in lot, pien or parul of lu~d, situate, lyinp, and beirg in ths
tW~ry ~ ~t. Lueie ~~te of Florida, dewibed u folbw~:
South 37.5 feet of Lot 11 and all of Lot 12, Block 1, I~RRIWEAT'NER PARK
SUBDIVISION, as per plat thereof on file in Plat Book 6, page 16,
of the Public Records of St. Lucie County, Florida,
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~ s~r~ATt ~F F LUt~IUA ~ -
z DOCUMENTAD~ ~ STAMP 7'AX - RFCEiVED ~ IN PA{'MET~RpP
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~ _~2~ t. _ Di;E 0~' C!ASS 'C' INTAtiGIBLE PERSOHI4L ppppFRjY
U = :
~ . 2 2 5 PURSUAVi 10 CF~APTER 7I•I34. /1CfS pF l,q7L t
N sY'Epii.OF RErECJf = ~iF~ POITRAS
T.iillo112 C1EWI CIRG/1T n("1{1RT~ $T. CUC~~ Qpt ~r
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; togerh~r with ~II and si~gvlsr the tenert~ann, hereditamenb and ~ppurtances tlw~eunto belaqirg or in ~~ry?wist appert~ir~kg thsnb. ~nd all renri, isw~s.
~ proceeds and p~ofin acauing and ro sccrue from said premi~es, alI of whid+ an induded in th~ ~bow ud fo~apoiny dacription ~nd hab~ndum. ~
f TO HAVE AND ip HQID th~ abow described ~nd granted premises unto t?w said MORTGAGEE, its wotessws and auiyro fonver. Md tht said ~
; MORTGAGOR fo? thelr he;rs, execvton, adminFst~aton and auigia, hereby oownanri with th~ s+iid MORTGAGEE, its waes~ws ~nd asti~%
~~r they. a re ~ulty seized of fhe ss;d premius in fK irr~pls; th~t the sams an hN, cku u~d diuh~r~d from all 1'wns a~d ~ncwn~
; brsnces in law or in equity. .~d ~r~,~ theY w;ll ~ their h~irs shall waRant ~nd d~fsed tF~ titk w th~ ssen~ to tM saW
i MORTGAGEE, its successors ar?d assipns, fwever aysirat th~ lawfvl claims and dem~nds of aN pa~aus
PROVIDED, ALWAYS tMt if tiw MORTGAGOR ~MII psy w~M tM MORTGAGEE the p?omiswry not~ hsr~inbefort desaibed and ahaD tn?ly, ptomptly
end fully pe?form, disd~a~, exacvt~, compkte, canply witb uid abide by esch u~d every the stipulatio~t, aqresmenb, conditiora and coven~nb of s~id ~
promis:wy note snd of this Mut9s~e, then this Mcrt9~ye a++d tM Estate her~by ucated ah~ll cesk ~nd bt ewll and wid.
IT IS UNDERSTOOD th~t the word "Mwty~or" wl+ethe~ in th~ s'Ngular or plwal anywhe~e in this Mortyaye. ~11 b~ ~k~qvl~r if on~ only and `
; e ;
~ ahall be plwal jointly snd ~everally if mo~re than ont, a~d that the word "their" as used ~re in this Mat9pe shall be qk~n to m~an "hp,•• •'Mn,••
or ^in;' wherever the conte:t w implies or admin. Alw, tMt wl~ever there is ~ nferanq in iM cow~aMS and apreemenb hetein containsd fo ~ny of ;
~ rhe p~rties hereto. th~ s~me sh+ll be co~strued to me~n ~s wetl ~s tM heas, leyaf nprssent~tira, s~ooesson snd usipro (s1tMr voluntary by act of tM F
~ parties o~ involuntary by operafion of the Isw) of the ssme u~d tFist tha covenants har~in contiuwd shall bind and tF~e Mn~fits and advants~s inw~ (
~ to the respective hein, Ipal represen~ativa, successo~s ard au~qra of th~ p~Aies heroto. Z
g Md said Maty~pors, io? themselves and tF?ei~ hein, le~l represent~tives, successon ~nd assiyns. Mreby jointly and ~evaally co+r~nant and ayr~ j
~ ro ~nd with the aid MORTGACsEE, its svcusson u~d assigm:
` 1. To pay dl and sirgular 1M principal ud imerest and the v~rious ~nd sundry swms of money paYabl~ by virrve of said p~omistory note, and M3s '
mwt9ape. esch ~nd every, p~omptly an the days respectively the sarrw sw~rally becane due. ~
~ 2. To pay all a~d siegula~ the t~xes, assessmen?s, bvies. li~bilities, o'vtgations and ~nwmbnnoes of svsry rutur~ and lcind oow on said d~wibed ~
nw
~ v?opertY, or M~at hsreah~r may b~ impw~d, suffered, p~aeed, hvisd, a ass~sud thsreo~, or that hK~shK may b~ kviad or aues~ed upon this Mat~- i
~ +9e, a tM tndsbt~dnea sewrsd her~by each and ~very, wh~n dw ~nd paysbl~. acco?dinp w Isw. Mfor~ th~y becoms d~tirquent, u~d bsion any Interest t
~ attaches or any penalfy is incvrted; AND tNSOFAR AS ANY THEREOF 15 OF RKORG THE SAME SHALL 8E PROMPiIY SATISFIED AND DISCHARGED OF
~ RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFfICIALLY ENDORSED
~ OR CERTIFIED) SHAII 6E PUCED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN UAYS NEKT AFTfR PAYJNfM; and in the svtnt that ~ny thereof is not
~ paid, sat':fied and dischuged saSd MORTGAGEE msy at any time pay the fame w any paA thereof withouf w+ivi~ a ~ffectirg any opYan, lien, equity or i
; •~aM under or by virtve of this mortgaye and the full amount of esch and everyr such p~ymeet shall b~ immediately dw ~nd pay~bk and shaN bear interest ~
~ ~rpn the date the~eoi uMit p~id at tate of nioe per centum per annum and toQether '~h s ' t t sl+all ~ r by ti?e liee of th's morytaye. ~
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