HomeMy WebLinkAbout1093 235'741 ' ~ ~
THIS INOENTURE. Mad~ 1he ~ 8th day of A~U3t' A.D. 19.~.. between
William J. Birket and (}ail Birket his ~rife ' •
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of i'uCi@ - Cwnty flwid+, hereinaiter de~igna~cd as the "MORTGAGOR;' and FIRST FEOERAL SAVINGS AN~ LOAN
ASSOCIATION OF fORi PIERGE. ~ corpaation w9+nized and exis~ing unda the lawi of ths United Star~s of Ameri~a and Mvin~ its principal place of
business in tM City of fwt Pierc~. St. lucie County. Flaid~. hereinaiter dasignated ai the "MORTGAGEE:'
WHEREAS th~ MORTGAGOR is jwtly indebted to tF+e MORTGAGEE in the sum of ~ good and lawful money of the Un:ted
S~ates advanced by the MORTGAGEE un~o the MORTGAGOR, as evidenced by a cerlain promiss•xy note of even date herewitb, oi wh~ch ~he iollowiny in
words and figures is a trw copy, to-wit:
z~sl~00.00 ~ 4-18.690
Fo~t Pierce. Flwid~. A~uSt' 18,L- 19 72 .
Fw value received, 1, we w either of us, promise to pay, withart defalcation, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSOC~ATION OF
, fORT PIERCE at fwt Pierte, Fbrida, the sum of S ~y~~~~ with interest from date at the rate of ~9o pe~ annum, in rmnthly install-
- ments as foltows: = 262 on the ~ 3t tlay of ~tober ,~9_! and a like sum on the correspond~ng day of each month therr
after until the whole be fully paid. '
Eath installment first shall be applied in paymeM of the interest and Ihen o~ the unpaid balance of the princ~pal sum_ If d sult is msde in fF+e
~ payment o( any installment when due, and such default contenues 30 days, then at the option of the hotder, and without a~y other notice, all the remai~ing
, ;nstallments shall be due and payable at once. Privilege is given to prepay tha note in whole or in part at a~y time without penalty. Neither fwebearance,
, nor scceptance by the holder theteof after any default in any payments Fxreon, shall be deemed e:tension. A tate payment charge of i_-'.t!
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0, shall be
~ added to each installrrKnt remaining unpaid 7 days after its due date, and a I~ke sum shall be added to each such installment remaining unpaid 7 days after
~ each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest fw no~payment, snd fuhher
~ agrees to any extensan of time of payment, either before or after maturity, without not~ce to any of us; and to pay atl costs of collection, includ~ng a
reasonable atlwney's fee in the event of any default hereunder, and hereby seve~ally waives all benefit of homestead a~d eaempt~on undsr the constitution
~ and lawa of each Sqte of t1~ United States, as against this obligation ot any eatension o? renewal hereof.
J~ Witness the hand and seal of each party.
~William J. Birket ~n~)
(SEAL)
h S/Gail Birket cs~A~~
' (SEAU
~ ( ~48•60 ~ State Revenve
NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of said sum of = 32~ 4~• ~ and the pe?formsnce of the
covenants and ~greements hereinsfter expressed, and tor divers good and valusble considerations, by these presents, does grant, basgain, sell, remise,
release, convey and confirm unto the MORTGAGEE, iri successors and suigns, all that certain lot, piete w parcel of Isnd, situate, lying, and being in ths
County of Lur_iP , and State of Fluida, dexribed +s tollows: ;
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Beginning at an iron pipe on the NorthHest corner of Lot 1, Block 1, of BAY~iORE ESTATES, ;
in the City of Fort Pierce, Florida, as per plat thereof recorded in Plat Book 11, page 1~0,
St. Luci~ County, Florida, Public Records, run thence North 17, deg. - 09 min. West, along
the east line of Bayshore Drive, ?4.98 feet to an iron pipe; thence North ?2 deg.-51 min.
East, parallel to the north line of said Lot 1, run 288.18 feet to the West shore of Faber
Cove (Indian River); thence meandering the rrest shore of Faber Cove, run South 10 deg.
02 min. East, 75.56 feet to the Northeast corner of aforesaid Lot 1 of BAYSHORE ESTATES:
thence South ?2 deg. 51 min. West, along the north line of said Lot 1, 10.17 feet to a
concrete monument; thence continue South 72 deg. 51 min• West, along the northline of
said Lot 1, 268.65 feet to the Point of Beginning; ?
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W STATE~FFLORIUA
v DOEUMENTAp~ STANiP TAX ,
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t~RK CIRd{R CWRT, ST. UlCtE C0, fLA
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together with all a~d singular the tenements, hereditaments and app~n~nces thereunto belonging or in anywise appertainin9 thereto, and all reob, issues, ~
proceeds snd p~ofiri acauing and to acvue from said premixs, all of which are inciuded in the above and fwegang dcwiption and habendum•
~ TO HAVE AND TO HOLD the sbove desaitxd snd granted premises unto the said MORTGAGEE, its successon snd assigns fweve~. Md th~ taW
Mt7RTGAGOR for he~n, executws, sdministrators and auigns, hereby covensnts with the said MORTGAGEE, its suaeswrs and ~ssigro.
~ ,haf th~y are ~awfully seized of the said premisss in fee simplr, that the •same are iree, clear and dischsrged from sll lienf and encwn-
they their hrin shall warrsnt and defend the title to the same to the ssid 3
~ brances in law or in equity, and ths~ will and
MORTGAGEE, its succeuors and assiyns, forever against the lawf~l claims and demarKls of all persora;
~ PROVIDEO, AIWAYS tMt if the MORTGAGOR shsll pay unto thc MORTGAGEE the pramiuory note hereinbefore described end shsll truly, promptly
~ and fully perform, diuhsrge, •:ecute,•compkte, comply w~th and abide by each and every the stipulations, agreemen», conditioro snd covenann of ~aiA
~ promissory note and of this Mortgaye, then this Mortgage and the Estate hereby ueated shsll cesse and be null snd void.
~ IT IS UNDERSTOOD tMt the wwd "Mortgagw" wFxther in tt~e singular w plural anywhere in this Mortg+9e, shall be sirgular if a+e only ~rd
shsll be plural jointly and severally if more than one, and tMt the wwd "their" as used snywhere in ihis Matgage sh~ll be takcn to mesn "his:• ••hers;' s
~ or "iti;' wherever the context so implies o~ admits. Also, that wherever there is a reference in the covenants and agreemenb herein contained to any of ~
rhe parties hereto, the ssme shall be construed ro mesn as well ss the heirs, 1e9a1 represcntative:, si?ccesson and ssi~gns (either voluntary by aci of tM ~
parties a involuntsry by operation of the Iaw) of tht same snd tMt the covenants herein contained shall bind and the bcnefiri end adv~ntsges inure
~ ro the respective hein, legal representstives, successors and au'gns of tM p+nies hereto.
And ssid Mortgago?s, fw themulvq snd their hein, Itgal represent~tives, succeuors snd auigns, hercby jointly and severally covena~t and agree ;
~ ro snd with the ssid 1NORIGAGEE, its s~?ccessas ~nd suigra: ;
1. To pay +11 +nd singutar the printipsl and interest and the wrious snd sundry wms of money psyabk by virtue of said promissory note, and tF~is j
mortp~ye, e~ch and every, prompNy on the days respectively the same severally became due. ~
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2. To pay •II and singulsr the Uxd, assessmenn, lev'ies, liibilitKS, obligatio~?s ~nd e~cumbrancd of every nature snd kind now on t+id deu+ibed -
property, or tl?~t hereafte? msy be imposed, suffered, placed, levied, or auessed thereon, or tFut hersafter may be levied a uses~ed upon this Mottp-
age, w the indebtedness sctured hereby, esch +nd every, when d~e ~nd p~yable, accadinp to law, befwe they become deiinquent. ~nd before any im~rest
arraches w any penalty is incwred; ANO INSOFAR AS ANY THEREOF IS Of RKOR~ THE SAME SHAIt BE PROlV1PTLY SATI~IED AND DISCHARGED OF
RECOR~ AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENOORSEO
OR CERTtF1ED) SHAII BE Pl/ICED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; snd in the event that any tFxreof is not
~ paid, sat'sfied and discharged sa:d MORTGAGEE msy at any time pay the same or +ny part thereof without wa~ving a affecting any option, lien, eqviry or
•~aht under or by virtue of this mortgaye and the full amount of each and every such payment shall be immediately due snd payable snd shsll bear interest
~rom the date ihereof until paid at rate of nlae per centum pe~ annum arsd together w~th such imerest shatl be sec~red by the lien o+ th:s morptaye.
. ~05 pa~E ~U9~
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