HomeMy WebLinkAbout2498 ;~;~9s~ v
THIS INDENTURE. M+de the?9ih day of ~~p~e~ Q~T~ . A.D. 19?2. bNwNn
Jack Hanner Scott and Grace Ann McCa~ile~i' Scott, his wife ,
T i : • ~
~f SL . LUC1@ County Florida. MreinaftK desipnated tM "MORTGAGOR," ~nd FIRST FEDERAI $IIVINGS AND IOAN
ASSOCIATION Of FORi PIERCE, a cwporation o~Qanised and existinp und~r ~h~ I~ws of th~ Unit~d Stat„ of Am~rica and h~vinp iri ptincip~l plau of
busineu i~ tM City of fwt Piac~, St. lucue County, flaida. ANtiMftN dit~MiN~ u tM "MORiGAGEE." !
WMEREAS IM MORTGAGOR if jwtly indebted ro ths MORTGAGEE in tM sum of ~25,~~•00 ~ood ~nd I~wtui rtw~ey of ~hs United ;
~tatet sdvanccd by ths MORTGAGEE unro the MORiGAGOR, a~ evidenced by a ce~fa~n promissory note of even date hertwitb, of whith the followinp in ~
wordi and fig~res a a trw copy, to-wit: (
=25,000.00 ~_10018867 _ !
~o.r P~.~n. F~o?;d,. September 29, tq,~_
for value received, we or eithe+ of us, promise to pay, wiMwut dsfatutan, to the orde~ of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIA110N OF
FORT PIERCE at fort Pieres, Florida, tF+e sum of s2S ~ OOO. ~0 with interest from date at the rata of 7•7"X. pa annwn, in monthly i~atdl- ~
ments u follows: ~89.00 1 SL d,y,fNovember ~9 72 and a like sum on th~ corretpaxl~rp day of each month tM?r ~
after ~Nil the whole be fully paid. ~
Each i~stallmeM fint shall be applied in paymenl of the interest ~nd then on tM unpaid b~lance of the printipal wm.4 If d ault is m~d~ in fM ~
payment of ~ny i~statlment wF?en due, and such defauh cantinues 30 days, then st the option of ths ho{der, snd without ~ny otMr l?otice, all the ramaininp
~nstallments shall be due and payable at once. Privile9e is given fo prepay this note in whole or in part st ~ny fime witFw~t penalty. Neifher forebeara~xe,
nor acceptance by the hotder thereof after sny default in any payments hereon, shall be dcemed extensan. A late payment cM~e of = 9• 4~ , ~hall bs
added to each installment remaining unpaid 7 days after its due date, and a Iike sum shall be added ?o rach ~uch instaUmenf rsm~ininp vnpaid 7 day~ aftt?
each sutceeding psym~nt date.
Each maker, wrety and endwur hereof, jointly and ieverally, waives demand, presentment protest and notice of protcst fw nor~paymenf, and fuAher
agrees to any extension of time of payment, either before w aher maturity, without notice to any of us; and 1o pay all to~t~ of collection, includinp • ~
reasonabfe attwney i fee in the event ot any defautt hcreunder. and Mreby severally waives all benefit of ho:nestead and exemption under ths mnititutio~
and laws of each S~ate of t1x United States, as aga~nst this obligation or sny extensioe~ w renewal Fx?eof,
Witness fhe haed and seal oi each party.
s/ Jack Hanner Scott ~
ts~?u
s/ Grace Ann McCauley.~~tt ~U
~37.5~ ) State Reve?we ~
(St~mpaso~eil~aoaafgimk ao43
NOW, THEREPQRE, the MORTGAGOR for ths p~rpo~e of securing payment of said swn of S 25 • ~e~d the perf«m~rxe of t!w
covenann and agreemenn hereinafler expressed. ~nd for divers pood ~nd valwbl~ contide~~tio~s, by tF?ese presents, doea ~rant, bary~i~, sell, r~enise,
release, convey and confirm unto the MORTGAGEE, in tuccessors and supns, •II tMt cerutn bt, pieoe or pucrl of laed, situ~tt lyinp, and beirg in tM
- County of St . 1.i1Cle and State of fbrida, d~saib~d is folbws:
~
31
t
t
Lot 8, Block A, PONCB DE LEON PARK, UNIT #2, as per plat Lhereof on file
in Plat Book 11, page 23, of the Public Records of St. Lucie County,
Florida,?
i
STATE ~F FLORlDA 1
~ DOCUMENTARY STAMP TAx ~ i
c°~ ~ OEPt.OF REYFNUE .i` ~ ~'s :
~ = P.. = =E : 3 T. 5 0 i :
~ o = ~~ro: ' i
5--~. Qd IN PA`lf~tEtti Of ;
,C ~NjRN618LE ~n~w`:tt ?':0'ERI~~ t i
' RCCEtVEO ~ ~
~ iER 71-131. I1C1S Of lyll. ~
P1JRS11A1~ TO CHI~P pQ1~RJ~q :
~
~RT, Si. U)C?E 00, ~
together with all and singular the fe~ements, hcreditamenb ~nd appurq+xes iharew~to b~lonpinp ot in ~i~~inlrg 1Mr~b, and ~It r~nq, i8u~s,
proceeds and profin +cvuing ~nd to acuve from said premises, •tl of whid+ an induded in tM abov+ and forpoinp datription ~nd Mbendwn.
; TO H/lVE AND TO HOLD the above desc~ibed ~nd 9nnted pemises unto tM said MORTGAGEE, ifs waeuas and ~uipro fww~r. Md th~ wid
MORTGAGOR for t he i r }K;rs, eaecuton, +dministr~tors and ~asiym, h~r~by oov~nts with tFw said MORTGAGEE, Ns wou~son and ~uiQns,
rhar ths.yl are _ Zswfull uized of th~ s+id
y prem~sss in fe~ irnplej that tM sam~ u~ f?w, ckar and dhch~rp~d from ~II li~m ~nd ~ncum-
brsnces in Isw w in equity, and that
t~.~( will ~nd th¢li hein sMll wan~nt ~nd d~fend tlw titb to the ~en~ to tM wW
MORTGAGEE, i» succeuws ind ~uign~, faever ayaimt tt~t lawful cl~ims ~nd d~m~nd~ of ~II pertonss ;
PROVIDED, AlWAYS that if the AhORTGAGOR ahall pay unto tM MORTGAGEE th~ promaaory nwe her~iribefae d~suib~d and ihall truly, ppnptly ~
and fully perfwm, d;scharge, execute, compkte, comply with ~nd abide by e~ch snd every th~ ~t~pubtiona, a~reerrKnb, condhions and oowMnfs of said '
promis~ory nme ~nd of this Mortgage, then this Mwtyay~ and tM Est~te henby u~ateid sh~ll csak and b~ iwtl ~nd void. ~
IT IS UNOERSTOOp that tl+e word "Mort~~yw" whether in the sinyutar w plwal anywhsrs in this Atiatp~, ~hall b~ dnpvlar if on~ only and
sh~ll be plural jointly ~nd arverally if mora tMn one. ~nd that tM word "the'a" u used ~nywhsr~ in this Mwtpap~ shall b~ t~k~e~ to rrKan "hb,•• •'i»n,'•
or "iri;' wher~ver the context io implies or ~dmin. Alw, tMt wherewr there b a ~•f.?ance in ~h~ cownann ud pr..m.nn her~in oont.in~d ~o aMr of
rhe parYies f?Keto, tM same sl?atl ba conitrued ro m~an as well n tM htin. ls~al reprsaent~tives, succ~swn and usiyns (~ifhK vol~ntuy by acf of th~
parties w involu~tary by operation of the I~w) of the same ~nd that th~ coven~nts Mr~in containd ~MII bi~d and tM b~rwfib and advantap~s inw~
ro tl+~ respectiw hein, ley~l represent~tives, succesaors and ass~9~u of th~ partiea M?eto.
Md said Mortgagws, fo. themselves u~d thei~ hein, teyal rep~es~natives, suanaors aid au'pm, hereby joently and s~vudly cov~M and ~yrN
to and with the s~id MORTGAGEE, its suuesaws and aasiyru: ~ ~
1. To psy ill and sir~ular the princip~l ~nd intaest ~~d the vario~s ~nd sundty wms of momy paY~bl~ by virtw of s~id promiisory not~, snd tl~ '
mwtp+Qe, satF~ ud every, promptly on the days respectively tFM ~sme sev~r~lly b~cpne dw.
2. To p~y all and singvla? tM ta:es, auessrn~nb, lavies, liabilities, obligations ~nd ~ncwnbranca oi erery n~twe ~nd kind naw an s~id dacrib~d
prop~rty, a that hereah~r may b~ imposed, wffar~d, placed. kvied. or auess~d tMr~. p tlNt INfl~NH RNy b! Itv'Nd O? a~sess~d tipw~ thfa AAortQ-
a9s, u tM ind~bt~dness secured her~by, each and ~wry. wMn due and pay~ble, aaordinp ro law, 6~fae th~y becom~ ddinqwm. Md b~fw~ ~ny irMaat
attaches or a~ penalfy it incvrred; AND lNSOfAR AS ANY THERfOf IS Of RECORD 7HE SAME SHAII 8E PROMPTtY SATISf1ED AND DISCHARGE~ OF
RECORD AND THE ORICa1NAl OFFICIAI DOCWAENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSFD
OR CERTIf1ED) SHAII BE PLACED IN THE HANDS Of SAtd N10RTGAGEE WITHIN TEN DAYS NfXT AF1ER PAYAAENT; and in th~ ~wnt that ~ny th~rwf is not
paid, sat'sfied ~nd diuharged ss:d MORTGAGEE m~y at ~ny t~me p~y tht s~rrr w~ny p~rt tht~eol without w~ivi~p w affectirg aMr optio~, IiM, puity a
•~~ht ~nder or by virtue of this mortgaye and the full smovnt of e+ch +nd tvery such p~ymeM ahalf bs immed;~t~ly dw and p~ysbk and thall b~~r Int~nst
~rom the daM /he?eof ~ntil paid at rate of nine pt~ centum pe? innwn ind topether with s~ch inter 11_~iecw~ji E~~~~ th:s morp/a~. ~
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