HomeMy WebLinkAbout5115 iG~5U51- ~ ~
THIS IhDENTURE. Made tne 22rid day of DecembQr , A.O. 19~Z betwr~~i
_ gob Gregn ~nd fidri c S;Srg~nT hie r~ f~__ ~
~r~1 - •
of St. Lucle ~p~~~y Flor~da, here~nai~er das~7~~areJ as ihe "MORiGAGOR." and FIRST FEUERA! SAVINGS A~,D l'JAN
ASSOCIAIlON OF FORT PlFRCE, a curporai:on organ~zed and ex~si~ng unde: the iaws o! the Unn~! Statas of Ame~ica and hav~ng its pr~nc~pat p;a:e of
busi~ess in the Ciry of Fort Pierce, 51. tutia touNy, Florida, hereinaher des~gnated as the °M`JRIGAGEE:'
WHEREAS the MORTGAGOR ~s justiy indebted to the MORTGAGEE ~n the s~m ot 5--18~~.~ good artd lawtul mor.ey of thc Un red
S~ates adranced by the MpRIvAGfE uneo ti~e MORIGAGOR, as rv~d~•ncrd by a.e:ea~n prom~ssory note of e.cn dare herewrth, of v.h:cn the fol;o+n~ng ~n
..ordia8n' t~ u!.S~a True aopy. io-wii:
i Na_---1~OD14220
fort Pierce, Fbrida, aP_cembez 2,2 __~__19.~~.
For value received, 1, v.e or enhe~ of us. prom~:e to pey, w~+hout drfa'c..r ro the crder of Fli~ST ifDERAI SAVIhiGS AND IOAN ASSOCIl.TIpV JF
;Ri PIERCE at Fort Pierce, Fionda, the wm of S-- 8(~8 .,,.rh intr!rSt from date at the rate of 7:5_~o p~~• annum, in mc~~thty i:ira+>
•,rn~s as fo;:ows: S_146.~ _ on the l~t~sy of _ sAQr?1 ie _ 73 and a like aum on the correspond,r.~ day ~f r~_h ~n~nth fhc.e-
s•rrr witil the who!e be fully pald.
Eac6 mstallment first shal~ be appt~ed in payment of the intarest and t~zn on the ucpa*d balance of the princ'pat sum. if default +s rr~de in !he
.,;ment of any ~nstailmem when due, end such default contm~es 30 dsys, then at thr opt~on of tiie ho;der, and withou~ any othzr not~ce, aIl the re:nain,~tig
• ssailments shall be d~e and payabie at once. Pr~v~iege ~s g~vrn to prrNey liiis ~~.,tr ..~o:a a. :n Y~rt a. _r.; !:me w;t?+o„e ru~na;rl. Neither forrbearance,
no~ eccep+en~r uy .i~c ......~f ~t'.~. ,:^y _cf_v!t ;A ~^wan 4eer~en. sh~ll ~,w ~~~mrd extension. A(ate Paymenl tharge o~ S_ 7!~_. shal! be
i,icd to each install~nent remaining unpa.d 7 days afrer irs due .dare, and a:,ke s.,~n ,ha~i kx added to each such inser,:ment ~ema~n„~g unpa~n i ooya ei~ri
:.+ch succeeding payn,ent d3ee.
Each maker, su~ety and endorser hereof, jainNy and severally, wa~ves de~-~and, presenrment protesr and nor;,z of prorest ior nonpayr,ient, and further
j trees fo any exrens~on of n~r:e of paymznf, e~ther bafere or aftrr matur~ty, witi~o~t no•:ce to any of us; and to pay aIl ces>s of co~!ection, ir.c:ud ng a
,+sor~abie atrornry s fee in the event of any d..•Ea~:t he~eundrr, and herebi s>le~a:,1J KdIM@S d~~ benefit of homestcad a~d exempt~on under the constitution
_:i !aws of each S~ate of the ~nitrd S~atzs, as aga~nu this obt:garion w any e¦tEns~on o+ renewal hereof,
Ylir~esa the hand and seal oi each party.
s/ Bob C . Green (SEAI)
(SEAL)
(SEAI)
s Edris S. Green tsEau
S 27 State Revcnue
NOW, TMEREfORE, the MORTGAGOR for the Furpese of sec~ri~g pavment of said sum of S 18-~~-~~ ~ a~d ihe pcrforman:e of the
covenants and agreements -here~nafter expressed, and for d:vers good ar.d ~a,~ab'e co~s:derations, by these prcsents, dces qrant, ba:ga~n, se:~. rem;se,
•_'ease, conrey and cunfirm unto the MORTGAGEE, irs s~ccessors aod assigr.s, ail rhar cenain lot, piece w parcel of Iand, situate, lying, and being in the
Covnty oi $t• LLiC1Q and State of Florida, de~cribed es foilows:
Lot 5, and the North ~ of Lot 6~ Block 6, WBSTWOOD MANOR, as per plat thereof
on file in Plat Book 6, ~'age 26, of the Public Records of St. Lucie County,
Florida.
` STATE o~ FLORsDA ~
' DOCUMEN7ARY,~°:. SthMP Tt;). ~
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RECEtVED O6 iN PAri1EN'f OF TAll~,t
DUE Ott CU4SS •C' INTANGIStE PfRSbNAI P20~ERIY,
PURSUMIT TO CHAP~? 71-134. ACTS OF 1S1I1.
RG~ER POITfU: C
CLERK CNtCt?IT COURT, S~. IUCtE CO., F(A
; •ogether with atl a~d singv~ar the tenements, hered~taments and appurlar.ces thereunto belonging or in anywix appertaining fhereto, and all rents, issues,
t p~~_eeds and profits accru~ng and to accrue from said prem~ses, all of whfch are includcd in the above and foregoing deuription and habendum.
! TO HAVE AfYO TO H01D the above descnbed and granted prem~ses unto the said MORTGAGEE, its successors a~d assignt forever_ And the ssid
' th@lI
:"ORTGAGOR for - heirs, execurors, admin~srraton and assigns, hereby covenants with the sa"~d MORTGAGEE, its successo~i and assigna,
_ the,~~re iawf~;ly se~zed of the sa~d prem:ses in See simpte; that the same are free, dear and discharged from all liens and encum-
c•ances in law or in equity, and that__t~__ will and -Lheir htin shatl war.a~t and defend the title to the same to the ssid
:'ORTGAGEE, its successors and ass~gns, fo~ever against the (a~fuf claims and demands of afl perso~s;
' PROVIDED, AI~YAYS that if ihe MORTGAGOR shali pay unto the MORTGAGEF ti~e promissory note hereinbefore described and shall truly, promptly
ard fuily periorm, d,scharge. execute, compiete, comply with and ab~de by each artd every the stipulations, agreemenis, conditio~s and covenanta of sa~d
e~om:ssory note and of th~s Mortgage, the~ this Mortgage and the Estate hereby created shall ceau and be ~ull and vo~d.
IT IS UNDERSTppD that the word "Mortgagor" whethe~ in the s~~gular or p~ural anyv~here in th~t Mortgage, shall be singu~ar if one oniy and
shaN be p!wa~ joinfly and severally if more tha~ one, and tha~ the word "~he~r" as used anywhere in th~s Mortgage shall be taken to mean '"his," "hen,"
or "its." wherever the co~text so ~mpfies or adm~ts. Afso, that wherever there ~s a reference in the c~venants and agreements herein contained to any of
rhe parties hereto, ~he aame shall be consrrued to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by ad of the
~arties or involuntary by operation of the law) of the same and thaf the covena~ts herein contained shall bind and the benefits and advantages inure
+o the respective heirs, legal representatives, successors and ass~gns of the parries hereto.
And said Mortgagors, for tf,emselves and tAeir heirs, Iegal representatives, successors and auigns, hereby jointly and uverally covenant and agree
~ ro and with the sa~d MORTGAGEE, its successors and ass~gns:
~ 1. To pay all and singular rhe principal and interest and the various and s~ndry sums of money payable by virtue of said prom~ssory note, and this
^~orfgage, each and every, promptly on the days respectlvely the same severaNy become due.
2. To pay all and s~ngu(ar the taxes, asaessments, levies, liab~~ities, obfigat;ons and encumbrances of every natu~e and kind now on said dexribed
property, or that hereafter may b! imposed, suffered, pla~ed, levied, or assessed thereon, w that hereafter may be levied or assessed upon this Mortg-
age, or the indebtedness secured hereby, each and every, when d~e and payable, according to law, before they become delinquent, and befo~e sny interest
~r.~~?~ps or any penafty ;s incuned; AND ~NSpFAR AS ANV THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY SATISFIEO A~lp DISCHARGED OF
RcCORD AND TME ORIGWAC OFFIClAL OQCUMEN. {SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFqCiION PAPER OfflCiAltY ENDORSED
OR CERIIFiED) SHAII BE PLACEd tPf iHf HANDS OF SAID MORTGAGFE WI1HlN lEN DAYS NFXT AFTER PAYMENi; and '+n the event that any thereof is ~ot
~a~d, sat sfied and discharged sa d MpRTGAGEE may at any t~~.+e pay the same w any part thereof w~thovt waiv~ng or affeu~ng any opt~on, lien, equ~ty or
~~7hr ~r.der or by vn~ue of th~s mo•tgage and the fu!1 a~ounr of each and every such payment shati be immed~ately due and payable and shall bear ;nt~resr
~rom rhe da~e rhereof unri! pa:d at r~re of n:ne pe~ cent~m pe. anwm and rogether vv~th such ~nrerest shall be sewred bv the Iden of fh s morgtage.
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