HomeMy WebLinkAbout2681 ~ Z1V `
THiS INOEN7URE, N1ads ths_ 2nd d+y of October A.~. 19?? „ betwe~n
Aaron Young and Creola Young~ his wife
. ~
of $t .[.uc ie Covnty Florida, Mreinaftw dtsignated ~s tlu "MORTGAGOR; ' and FIRST FfOfRAI SAYINGS AND IOAN
ASSOClATION OF FORI YIERCE, a oorpaat~on oraani:ed a?d existi~p und~r th~ lav~n of th~ U~ited Stat~s of An+~ric~ a~d havinp its princip~l plac~ of
busin~ in tM Gity of Fwt Pierce, SI. lucis Cou~ty, Fbrida, here'u++ft~r d~spnated ~s tM "MORTGAGEE." -
WHEREAS tM MORTGAGOR is jv;tly indabted to tM MORTGAGEE i~ ths sum of ~ 19 ~ 4~ , good anJ lawful money of the Un~ted
Sratet advanced by the MORTGAGEE unto ~he MORiGAGOR, as evidenced by a catain promisiory note of evsn date herewitb, of which ~hs foUowin~ in
words ~nd fi9uns is a trw copy, to-wit;
~ 19,400.00 ~ ~ 1U018869
F„~ P;~rc,, F~,rid,, October 2nd ~y 72
~
For value received, I, we w either of us, promise 1o p~y, without defalcation, fo the orde~ of F1RST FEDERAI SAYINGS AND LOAN ASSOCIATION OF '
~ fORT PIERCE ~t foA Pierce, fla~ide, the sum of f 19 ~~0 w;th interest irom date at the rats of 7• 5% pN snnum, in monthly install-
' .r~enrs as fo!lows: s~57•~~ ~ t?b 1St ~y of February ~ 19 73 ~nd ~ like sum on tha cwrespw?dinp d~y of esch month there-
after unlit the whob be f~lty paid.
Y '
Esch installmant first shall be +ppl~ed in paymcnt of the interest and then on the unpaid bal~nce of the princ~pat wn~. If d ault is made in the
" payment of any installment when due, and such defauh continues 3p d~ys, then ~t the optr~n of the holder, •nd without any other notice, all the remeining
inst~llments shall be due and payable at once. Privilege is given to prepay this note in whole or in p~n at any time witFa~t pcnslty. Neither fo~bearance,
no? ~cceptance by the holder thereof after any default in any payments hcreon, shall be deemed extension. A late payment charge of ~ 7'
85
- sMll be '
- added to each installment remain;ng unpa~d 7 days after its due date, a+~d a like sum shall be added to each such installment remaininp unpaid 7 days ~fter ;
each s~cteedir?g paymeat date.
- Each make~, aurety and endwsen c~reof, jointly and severally, waives demand, presentmcnt p~otest and notice of protest for nonpayrrxnt, and funher
agrees to ~ny extension of time of payment, either before au after maturity, wirhouf notice to any of us; and to pay aU costs of tollectio~, includinp a
reasonabk attorney's fee i~ the event of any default hereu~der, and hereby severally waives all bene{it of homestead and exemption under the tonsliMion
; and laws of each St~te of the United States, as against thii obligation a any extenaion a renewat hereof.
~ Witness the hand s~d ual of cach par~y.
S/Aaron Young ~U
~ ~u
,
~ ~/CYeola Youna ~p ~
~
~ ,
~ $29.10 ~ State Revenoe ,
- ~
~
NOW, THEREFORE, the MORTGAGOR fa fhe purpose of securinp payment of ssid sum of i 19 • 4~ •~1 , and the performanc~ of the
coven~nn and ~yreements here~nafter expressed, snd for divers 9ood a~d v~lwble considerstio~a, by the~e pretents, does yrant, baryain, setl, ramise, `
release, conwy and confirm unto N+e MORTGAGFE, in avctessors and aui9ns, sIl that cerbin lot, piete w putel of I~nd, situats, lyir?p, and beinp in tM ~
County of St . Lue ie and State of florida, described ~s follows:
East 16 Feet of L.ot 19 and all of Lots 20 and 21, Block 1~ .
SI~IRISE PARK S[~DIVISION, #1, as per plat thereof on file =
3
in Plat Book 8, Page 42~ recorded in the public records of ~
St. Lucie County, Florida:~
. . J~ ,
F~pRP~~ ti =
~~ST~~A'' ~ ~
r ~O
~j~?ENj~r~ _ 1~ y~ ~ O , :
v r'" O f R~YE : - L w , }
s. ~ ~EPt v r ~"1.t '4 72~_~./ ~ ~~G w ~ ~ TA~ ~
~
. Ot~ OM CtA~S'6" IpTlY1Gl~E ?ERSONAI ~ROrERt1. 3
~ ~ P~2 ~
. /~MSUAI/i 10 t~IArTER n-l3~. ACiS OF 1l1I. ~ _
. R06ER rORRA3 /
. . CLERK q!tdNT (~OUR1, St. WCIE C0, flA
rogether with all snd singular the tenements, hereditamcnts and appurtances thereuMO belonginp or in ~nywi~e ~ppert~ininp thereto, ~nd all rMri, issuet,
proceed~ and profin xu~ing and ro accr~e from s~id premiset, sll of whicb ~n included in th~ tbove ~nd fur~oirg dtstription and h~bendwn.
TO HAVE AND TO HO~O the above described and yranted premiies unto th~ said MORTGAGEE, its svtte~wn and wipe~s fwevK. Md t!w uW
!uORiGAGOR for theirT__ executon, administrator~ and ~uigns, hereby cov~nanb with fM ~aid MORTGAGEE, its suaesson and assiqr?~,
that they dxE ~~,,,,{ully se~zed of ~he said prem~ses in fe~ simple; tMt tM same an fre~, cl~u ~nd discharyed from all liens w~d ~ncwo-
brances in law a in tquity, snd that they will and their hein shall w~rtanf ~nd dsfend th~ titb to tM sun~ to tM s~W
MORTGAGEE, in succeuors sod ~uigns, fwever ayainst the (awfvl ct~ims and demands of ~11 persorq;
PROVIOED, ALWAYS tMt ii the II140RTGAGOR shall pay vnto the MORTGAGEE the p~omistpy note Met~inbefw~ dtwib~d and thall ttu1Y. promptly
a~d fully perform, disth~rge, execute, compkte, comply with snd sbide by esth ~nd wery the stipulations, s~reernenb, conditw~s and coven~nn of iaid
promiuwy rate and of this Moregsge, then this Mortysge and th~ Estate hereby created iMll ceas~ and be null ~nd wid.
IT IS UNDERSTOOD tMt the word "Mortgsgor" whethe~ in tM singular or pl~rd anywhere in this AAort~ap~, sFwll b~ slnpulu if on~ only ~nd
shail be plur~l jointly and aever~lly if more than one, and that tM word "their" sa used anywh~r~ in th~s Mwtp~ shatl b~ t~ken to mean "hb: •„htn; ,
w"its." wheraver the context so implies a admifs. Also, th~t wherever there is • r~f~renca in tM covenants and apr~ements h~rein contairwd to ~ny of
rhe panies hereto, the sartw shall be corut.ved to mesn as well ~s th~ Fxin, kya) representstivet, successo~s ~nd ~uipro (either volunury by act of th~
pari~es w involuntsry by operation of the liw) of tF+e same and that the covensnts hers~n comained shall bind •nd rM bensfin ~nd ~dvantp~t inur~
ro the respectiwe hein, Ie9a1 representarives, succeuors and au~yns of the parti~s hersto.
Md said AAorty~gon, fa themselves and their hein. Ityal ~epresentativd, sutceuws and assipm, htreby jointly ard wv~r~lly coven~nt ~nd spnt %
ro and with the s~id IMORTGAGEE, its successon and ~uiqns:
1. To pay sll and sinyvlar 1F~e princip~l and interest ~~d the v~rious and sundry svms of ma~eY paYabl~ by virtue of said p?omiswry not~, and thu -
morty~e, tach ~nd ~very. Womptly o~ the dsys rapectiv~iy tht same sewnlly becort~ due. .
4. To pay alt ~nd sirtgutu the taxes, assessmenn. Isvie~. liabilitiei, oblipations and encumbrsnces of wery n~hu~ and ki~d now on s~id d~wlbsd ~
prap~rty, a tF+at l~ereah~i may bt impo~ed, suffer~d, pl~ted, levied, w ~uessed th~reon, a that her~aN~? may b~ lev~ed or us~ss~d upon thh Mortp. t
aye, a tM iod~btedrKis sea,red hereby e+ch snd every, when dw ~nd pay~bt~, xcwdirg ro law, b~fore th~y becarw d~li~qwm, and b~fa~ ~ny lntMest
atiaches a sny penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD 7HE SAME SHAII dE PROMPTIY SATISfIED AND DISCHARGED OF
RECORp AND iHE ORtGINAI OFfICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR TME SATISFAC710N PADER OffIC1AlLY ENOORSED
OR CERTIFtED) SHAII Ef PLACED IN THE HANOS OF SAID MORTGAGEF WIlNIN JEN DAYS NEXT AFTER PAYMENT; ~nd in the event that ~ny thHeof is not
paid, iat'sfied ~~d d~xharqed sa:d MORTGAGEE may st any time pay the same a~ny p~.t thereof without waiviny a ~ffeairq any option, lien, equity w
•+Qht u~der a by virt~e of this mo.~gsge and the iull amount of each and evay such paymem ihall be immedi~tely dw and payable ar+d shaU bear intsreat
~.om ti+e date thereof until paid st rate of nine per centum per annum ~nd toyether w~th suth interest thall v`~
b the lien of th:s ptp~.
. ~~~X ~U~ F1~E f
~ . -
_ , -y ~
~ r
' ~ - -