HomeMy WebLinkAbout2311 ~ra3Lf' ~bJ
~ .
iHIS IMDENTURE. Madt ~ne 2ath ~ of September 72
Y ~-1 w . A.D. 19.-~, benn~en
_ - r ~L
Joseph F. Powell and Helen O. Powell'. his wife
~F St. Lucie T~
Counfy fla~d+, hereinafta de~ipnated sa tM "MOkTGACOR," and FiRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ corpaatio~ o~9anized ~~d exis~irg undsr ths law~ of tM Unibd S~~NS of Am~rica and h~rirg ib princlpa) placs of
b~s+neu in the City of fon Piace, St. lucie Co~~ty, Florids, FIlf~IMftlf df~iQMtld u tM "N10RTGAGEE."
~ WHEREAS Ihe MORTGAGOR is juslly i~debted to 1M MORTGAGEE in ths sum of ~ 2O ~~0 good and lawful mo~ey of the Un11ed
S!ates advanced by ehe MORTGAGEE unto the MORTGAGOR, as evidenced by a cen~in promi~sory note oi even date herewitb, Of which 1he followinp in
~ ords and figuros is a vve copy, ro-wit: ;
s 20,000.00 ~,y~ 10018861 '
~o.~ P;e.c~. Fia;d,, September 28 72
for value received, 1, we a eithcr of us, promise to pay, without defalcatiw+, to the order of FIRST FEDERAI SAVINGSS ANO LCAN ASSOCIATIt~N Gf
FORT PIERCE a~ Fut Pierce, Flwida, the sum of = 2O~ w;th intereit irom date +t the rate of 7• 776 pe~ ~n~um, in monthly instali- ~
~~~_•nfs as follows: s 214.1~ ISt d~y of November ~ ~9 72 and a lika sum on the cwrespooding day of each mrxNh thc~r '
i
aher until the whole be fully paid.
Each ~nslallmen! first shall be applied in payment of the interest snd then o~ the unpaid balance of the principal wm.~ If d auh is made in the F
,.~~mcnt of any installment when due, and svch default continues 30 days, thcn at the optioo of the holde?, and without any othcr notice, all the remainiog
~~,sralfinenh shaii be due and payable af o~ce. Privilege is given to prepay ihis note in w!eole or in part at any time without penalty. Neither forebearsnce, !
~or acceptante by the holde~ thereof after sny default in any payments hereon, shall be d~emed exfension. A Iste psyment charge of •T' 7O , shsll be 3
added to each insWilment remaining ~npaid 7 days aftq its due date, and a like sum shall be added to each auch installment remaining unpaid 7 days afte?
each succeeding payment date.
Each maker, surety and endorser he+eof, jointly and severally, waives demand, presentment protest and notice of proteat for nonpayment, and funher
ag~ees to any extension of time of payme~t, either before or after maturity, without notice to any of us; and to pay all costs of co~lectio~, including a
:~~sonabie attorney's fee in the event of any detaulf hereunder, and heroby severally waives all benefit of homestead and exemption under the tonstifuf'an
,:~d laws of each Slate of the United States, as against this obligation w any extension a renewal hereof.
Witness the hand and xsl of each party.
(SEAU
_s Joseph E. Powell ~i~ '
cs~?u
s Helen O. Powell
~ ,ti~ 30.00 ~ state Revenue ~U
~ i+aaipy sawul lei~ ~n- ~r:gin~l -twN) .
NO`.Y, THEREFORE, the MORTGAGOR fw the purpose of sec~ring psymeM of ssid sum of S 20~~~~•~~ , and the performance of ths
,~•~enanrs and agreements hc?einaftcr expreued, ~nd for diven good and wlv~ble cauide~ations, by theu presenti, does grant, barqain, sell, remiie,
~:ease, convey and confirm unto the MORiGAGEE, iri svccesson ~~d augns, ~11 tF?at certain bt, piete w partel of land, situate, lying and being in tFa
Couny of St •~.i1Cle ~r~ Stste of flotida, described u fdlawt:
The North 200 feet of the NW'-~ of the SW4 of the SW~ of Section 19,
Township 35 South, Range 40 East; EXCEPTING THEREFRONi the east 15
feet of the West 40 feet of the North 200 feet of the t~3W%, of the S4V14 of
the SW4 of Section 19, Township 35 South, Range 40 6ast, containing 0.069 i
of an acre, more or less,~ ~
i
i
3
' ~
1
f
t
~
oF ~LORtt7A.~ ~ 1~t ~.r et~~ ;
v.
~ STATE MA stAn~P tn~-t
a OOCUMENtARY t „C t~~~gi,E PE~SOw~
DEP7_Ui REYE~tt~E .e 0 O{ p11R5UAli1 TO t~:AP(ER 71•134. IICiS OE 19I1. ~~e .
- ~ ~«Z~•~: - ~ 3 a ~
~ ~ ~ ~ ~
- ~ ~/yy,ICi, st
~ ~ =111 ~ ~bM~ ~ M~ w, {N~
Oc N M
O -
ro~ether with al! and singular the tenements, hereditaments and appurt~rxes thereunto belongin9 w in anywise sppert~inirg thereto, +nd all rents, iss~?ss,
oceeds and p~ofits accrving and to acave from s~id premises, all of which sre included in the above and fweyoing destription and Mbend~m.
TO HAVE ANDtIOeliOrtD the above described and granted premises unto the said MORTGArsEE, its waesson and auipro forever. Md t!w ~aid
!.{ORTG GOR fw h hein, executws, administrstors and auigns, Fxreby covenants with the said MORTGAGEE, iti sixtiessors and assipra,
chaf -t~Qy-are - lawfuliy seiz of fhe said prem in
t~ ~hei
i~imple: that the same u~ fies, clesr and disch~rged froen all liens and ~ncum.
b~a~ces in law or in equity, and that ey wil! and Frcin sh~ll wa~rsnf and defcnd the titk to ths sare» to tht ~ld
M•ORTGAGEE, its iuccessws and usigns, forever against the lawful clsims and demands of all perw~s;
PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto the NIOR1GACaEE the promissory note hereinbefore described s~d shail h~iy, promptly
~~d fully F+trfwm, d~uharge, execute, compkte, comply with and abide by exh and every the stipulations, ayreements, conditions and tovenants of said
F~omissory note and of this Mortgage, then this Mortgage and the Estste hereby ueated shill cease and be null and void. ±
IT IS UNDERSTOpD that the word "Mortgsgor" whefher in the s~ngular w plural anywhere in this Mortgsye, shall be sinyular if one only and !
~`a!! be ptura! joinfly and stverally if mwe ths~ one, snd that the word "their" as used anywhere in this 1Nortyaye shall be takerf to mean "his;' "hers;' `
o~ "iu," wlrorever the confext so implip w admits. Also, that wherever there is a r~ference in the coven+nn and ~yreemenh herein contairwd to sny af
+he partief F?ereto, the same shall be construed to mesn as well ~s the heirs, legal representativa, suoceuors and auiyro (either votuntsry by act oi ths
pa.ties or invotuntary by operation of the law? of the same and tbst the covenanb herein contained shall bind and the benefib s~d ~dvantayes inu
ro the respective heirs, legal represe~tatives, svctesson and au~gro of the parYies hereto.
And said Morty~gws, fa themselves snd their heirs. Iegal representatives, successo~s ~nd auigns, hereby joimly and teverally tovenaM ~pr
!o and wi~h tbe wid MORTGAGEE, its successors ~nd auigns: ~
l. To p~y all ~nd sirgular the principal and interest +~d the var;ovs and svndry sums of money psyablt by virtw of said promis~ory nofe,~ thi~
Tortgage, each snd every, promptly on tht days respectively the same ssverally becort~e d~e. ~
2. To psy dl ~nd sin~ular the axes, suesunents. lev'~, lisbilities. obliyations a~d encumbrarKes of every nature s~d kind now on saic? d~icribed
property, w that hereafter msy be imposed, suffereA, plKed, levied, or astesud thereo~, p lhst he~eafter may bs levied or ~ssetsed upon tF~is Mort¢
a~e, or the indebtedneu tetured her~by, each and every, when due aod psy~ble, saordinp to bw. before they becorn~ delinqvent, ~nd befor~ any intaest
i~~aches w any penalty is incurred; AND INSOFAR AS ANY. TIiEREOF IS OF RKORO THE SAME SHAII QE PROMPTLY SATISf1ED AM~ OISCHARGE~ OF
RECORD AN~ 7Hf ORlGINiAI OFfIC1A1 DOCUMENT {SUCl1 AS, FpR INSTANCE, THE TAX RECEIpT OR THE SATISFAC710N PAPER OfFIC1AtlY ENDORSED
OR CERTIFIED) SNAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEI~i DAYS NEXT AFTER PAYMENT; snd in the eve~t thst any tF+ereof is not
c:a~d, sat sfied ~nd diuharged sa:d MORTGAGEf m~y at any fime pay the same w arty paH fhereof witFwtit waivir~ w ~ffectiny ~ny opYwn, lien, equity o?
~~qht under or by virtue of this mortgage snd the full ~mount of exh and every such payment shall be immedistely d~e and payable and shall bear intere~t
~.om the date thereof until paid ~t rate of nine per centum per annum and toyetf~er w~th suth interest shail be secured by the lien of th's mW9tays.
_3COr PACc ~JU~
=V~ ;
,,.y,._ Y, - ~ ,m s.
~ ~