HomeMy WebLinkAbout1419 ~ •rv~+a,~.~~/ ,
THIS INDENTURE, Mad~ ths 20th d~y of • `july A.C. 19?2., betwNn
Maraazet P. 8iglin, a s~}nale adult
of St . Lucie 'T ' '
Counfy florid~, he~ainsftK dtsigeated as t!?+ ~y~A~Rl• ~~nd FIRST FEdERAI SAVINGS ANO IOAN
I?SSOCIAIlON OF FORT PIERCE, a capaatan orpanized and ~xiitinp w+da tM Isws of Ihs Unit~d St N of Amerka and hav:np its principal pl~u of
b~sineu in th~ City of Fort PiKCS. St. luci~ County. Florids..l+t~sin~ftK d~ti~nahd a th~ "NWRTGAGEE.°
WFIEREAS ~M MORTGAGOR is ws~ly ind.br.d ro ~hs MORiGAGEE i~ Ths sum of ; 28 ~ 0~.! ~ pood ~nd l~wful mon~y of the Untted
Statq advanced by ths MORiGAGEE unto iM MORiGAGOR, as evidenced by ~ c~tsin PfWniffOfy IfOit Qf OvM da~a he~ewith, of which tM followirg i~
~ wads and f' ura is a trw copy, to-wit; 3- le 584
~ = 28,00~.00 ' ~ ,
Fort Piera. Flaida, •.Tlll~/ 2~ ~y 7Z
~v
for vaive received, i, we or either of us, prom~sa ro pay, w+thout rlefalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOClAT10N OF
\ FORT PIERCE at Forf Pierte, FJorida, the ~um of = 2g ~ n~•~ w~th interes~ from date at the rate of 7• 5~6 pe. annum, in mon~hy irot~IM
~~u u touo,~,s: s 226. ~ ~ t~ 18~ ~y of September , 19 72 ~nd • lik~ :um on tM corrsspa~d'u+y day of e+ch rtwnth tMrr
after until Ihe whok be fully paid.
Esch installment iirst shall be applied ;n psyment of the tnt~rest snd tF~? o~ ths unpaid batance oi the pr'u?cFpal sum. If d s~lf h madt in tM
payment of any instaltment wher~ due, and such defauh continues 30 diys, then st 1he option of the hoMe~, aexl without ~ny otM? ~otice, all the renrtaini~y
~ insrallments shall be due and p~yable at once. Privikge is givee to prepay tha note in w1wt~ or ie? p~?f ~t any time wi~hout penalry. Neithw forabtaranp,
nw aaeptance by the holder tAe~eof after any default ie any paymenri hereon, shalf"be deemcd extensan. A Iate paymenf chery~ of Z 11 ~30 shaU bs
added to each ins~allment remain~ng ur~pa+"d 7 days after its dw daq, snd a like wm shal~ be added to each such installment remaininp w~paid 7 d~ys ~hs~
each wcceeding psymeM date.
~ Each maka, w~ety and endwur hereof, joiMly and severally, wsives demsnd, presentment protest and notice of protest for nonpayment, and furtlx~
agrees fo any extension of time of payment, either belore o~ after malurity, withoW notice to any of us; and to pay sll cosn of collection, includinp ~
~ reasonabk attorney i fee in Ihe event oF any default herevnde~, and hereby seva~lly waives all benefit of homeatead and exemption under tfie ca+stitWion
and laws of each State of the United States, as against this obligation or any extension or rereewal he~eof,
Witness the hand and seal of each party. • _
15E~?q
~ Margaret P. Bi lin ~U
a s g e adult ~
' (SFAt3
~ ~ 42.OQ ~ Stat~ Revenw
~ tst~s-o~slld~ a?-ary;wat w~1e) . -
NOW, THEREFORE, the MORTGAGOR for the pvrpose of securing p~yment of said wm of = 28 ~ u~d fh~ perfonrynca of t!M
covsn~nb snd s~reements hereinafter expreued, and fw dver~ 9ood ~nd wlwbl~ conaiderations, by thes~ presents, does ~rant, - bs~psin, sell, r:mise,
reteass, conwy and conf'um unto tl+e MORTGAGEE, in successora and suiyns, all that ce~uin bt, piece or pucel of land, titwte, lyiny, ~nd beinp in ths
~ Covnty o6 St . 1.1tC 1@ and Stste of flotida, d~suibed s~ follows:
~ South ~ of Lot 7 and all of Lot 8, GEORGIA TERRACE SUBDIVISION, as per
plat thereof on file in Plat Book 9, page ~3, Public Records of St.
Lucie County, Rlorida,
w S1~'Al~ ~~F F L U F2 I U A ~
t~ ~ DOCUMENTA°„~;,
STAt~1~X ~ IN PAriE7fT OF TAX~
~ o _ J1~24'72 ~ ~ _ ~ ON ClASS 'C' INTAN616L.E PER9pNl1~ ~1tpPERIY
~ 4 2 0 0~ ~~nr ro a~r~~, ~~.i~. ~s oF ign. '
_ . aor~ PoRw?s jX
N U DEiT.OF RErEKYE ~i~~( CI~' IT ~(~j~ ST. L(J~iIE (w,~ ~
P.B.i9o~u
togetFwr with ~II and sirgulsr the tenanenn, hereditaments and app~rrtsnces thereunto b~iagin~ or in ~nywis~ ~pperhinkp ther~to, +nd ~11 rtnts, Isfws,
proceeds and profin acauirg and to acaue f~wn said premaes, all of wFiKfi srs included in tM ~bov~ and fapoirg d~scription and h~bendum.
TO HAVE AND TO HOID the ~bove descr~bed and 9ranted premixs uMO th~ ~aid MORTGAGEE, its waeswn and usipm forwa. Md tFN safd
MORTGAGOR fpr he r ~~n, execvton, sdministnwrs snd suigro, hereby oove~unn with ttr said MORTGAGEE, its svcc~ston ~nd psipm,
Sh@ 1S ~ d'ucl~uq~d from all (i~ns ~nd ~ncwo-
+hat lawfvlly seiud of tM said premis~s in fe~ i I~; tMt tM amt an frM, clear and
, brances in I~w o~ in equity, snd ths~ She will and her hein sMll warraM and def~td the ti?k b the san+~ to tM said
MORTGAGEE, in successors and assiy~s, forever ~gairut the lawful claims and d~mands of ~II persaus
PROVIDfD, AlWAYS fhtt if fhe MORTGAGOR sF?sfl piy vnto tht MORTGAGEE th~ p~omitfory note FNr~inbefon desvib~d and ~I) truly, promptly
and fully perform, discMr9e, execute, compkte, comply with ard abide by s~d~ and ~very tht stipubtions, ~pre~manb, condAiom and a~wnanb of aid
promissory note ~nd of tha ARortgaye. the~ this Mortyspe ~nd the 6tate her~by ueated sl~ll ce~s~ and b~ mrN and void.
It IS UNDERSTOOD tl»t the word "Mortyapor" whether Fn tht sieQulu or plwa) inywF~ert in tMs Mort
g+y~, sh~11 b~ sugular if on~ onfy and
shall b~ plwal jointly and severdly if mw~ ttwn one, ud tMt the word "the'a" p u~ed anywhEre in this Mony+y~ ah~ll b~ t~ken to m~an "his:• "h~n,••
w"its," wFwrever the conteat so implies w admits. Also, ti+st wherever there is ~ nf~rena in th~ carenant~ and pr~nen» her~in oontsimd to sny of
the pasties hereto, the sxne shaU b~ oorutrued ro mean a~ well u ths Frcin, leyi! represe~tatiws, suaessas and ~ssigro (eitMs volu~tary by aq of th~
parties or imroluntuy by operar'an of tM law) of the saM and thst tM covenann henin contained sh~lt bind ~r?d fM benefits and adv~ntsg~s inun
io tf+e respective he'vs, kyaf rrpresentatives, succes~on and us~rts of the pmia Mrero.
Md aid Mwtyayai, for themselves and their beirs„ kpal r~presentatives, wcu~sas ~nd ~uigra, hereby jointfy and sw~rally coven~nt ar+d ~pne
ro and with tl+e aid lNpRTGAGEE, ib succsason and ~ssyro:
1. To psy ~II ~nd sirgu~sr tM principal u+d interest ae~d tM v~rian and sundry tums of
• d ~Y WYabl~ by virtw of s+id promissory noM, and thii
mon~ape, each and wKy, promptly on t!K dayi respcctively the sam~ sev~r~lly betam due.
~
Y. 7o pay t11 ud sergular the fa:es, ss~essments, levies, li~bilities, oblg~tions snd a++cumbr~noa of ~very n~hrre and kind now on said desv~d
W~~Y, a that hereahN rn~y b~ impoud, svffe?ed, plsced. Iwad, a aws~ed thawn, or th~t her~aft~r may b~ kvied a auea~ed upa~ M~ts AAorp~
+ye, a the indebtedness ~ecured Ixrcby. e+ch s~d every, when dw ~nd payabk, aaord'inp to law, b~fw~ tiNy becorM delinquant, ~nd b~fon ~ny k~Nrat
attaches w s~y penalfy is intvrred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAN1E SHAtI 8E PROMPTLY SATISFIED AND DISCWIRGED OF
RE~ORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RKE(PT OR THE SATiSfACT10N PMER OfFlCIALLY ENOORSED
OR CERTIFIED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the evem that ~ny tliueof b no1
pa~d, wt'sfied and dischar sa:d N10RTGAGEE ma at sn time ~
9~'d Y Y P+Y the s+mt or sny paM theroof without waivirg o? affectinp arry opYan, li~n, equiry or
•~qht vnde~ w by vinue of this mortgaye snd the f~tl amount of eath tnd every iuth payment shalt be immediattly dw ~nd pay~ble and shall b~sr intenst
~•om the date thereoi v~til p~id st rate of nine per cenfum per annum a8~~~~~~~t1 be ~ecwed by the I'~en of th:s morytape.
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