HomeMy WebLinkAbout0837 ir4b~3..~f~
THIS INDENTURE, Msde the 18th day of J'nt'`'ry A.D. 19
73 be~ween
_ Raymond T. Bishop and Connie E. Rishop; hi~•wife •
of Ma*tin County Florida, herei~aftN deigna~ed as the "MORTGAGOR," and FIRST FEDERA~ $AVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporation organized and ez~siing unde~ the lawi of the Un~ted Sta~as of Amer;ca and havinp it~ princip.t. c~tace of
busineu in ths City of For~ Pisrce, St. tucie County, Flwida, hereinafrer des~gnated a• the "MO G
WHfRfAS the MORiGAGOR is jvatly indebted to ths MORTGAGEE in the sum of S ~ good ar.J law~ui money of the Un.t/rd
S+ates advanced by the MORTGAGEE un~o the MORTGAGOR, as evidenced by a cena~n promissory note of even date herewnh, of wh~ch th~ ioUow~ng .n
words and figuros is a true copy, to-wit:
t 42.000.00 r,i, 10019299
fwt Pierce, Fta7da, -lanuary 28 ~y 73
fa vatue received, I, we a either of ~s, prom~se to pay, without deia!car~on, to 1he order of fIRS1 FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FQRT PIERCE at fw1 pierce, fbrida, the sum of s ~2 s-~~~ w~th inir~est from date a~ the rate of S°o p^r eiuium, in moMhly insiall-
•,ents as foltows: 5-311 _QQ_ lOth day of ~1a~L 19_~~and a like sum on the correspond~ng G~y of each month there-
atrer until the wF~o~e be fully paid.
Each instal~ment fint shall be applied in payment of the inte~est and then on the unpa~d balance of the princ~pal sum. li de(ault is made in the
F ayment of any instatlment whe~ due, and such default continues 30 days, theo at the option of the holder, and without any other notice, all the remain~ny
-,sfallments shall be due and payable at once. Privilrge is given to prepay this note in whote or in part at any time withouf penalty. Neithe~ fwebearance,
nor acceptance by the holder thereof afte~ any de~autt in any paymenrs hereon, shall be deemed e~etension. A late payment charge of ; 15 . 55 shall be
~dded to each i~stallment remaining unpa~d 7 days after its due date, and a Ii?e sum shaU be added to each wch installment remaining unpaid 7 days after
each succeeding payment daee. '
Each maker, surety and endorser hereof, jointly and severatty, waives demand, p.esantment protest and notice of protest for nonpayment, and furthe~
3grees to any extension of time of payment, e~ther before or after maturity, without not~ce to any of us; and to pay all costs of coilection, includ:ng a
reasonabie aitomey's fee in the event of any defau7t hereundrr. and hereby seve~ally waives all benefit of homestead and exempiion under the ccnstitWion
+~d laws of each State oF the linired Srates, as against this obl~gafion or any extension or renewal hereof.
YYlrness the hand and seal of eacb party.
s.~--ua3'mcnd 'r 8i~hor (SEAI)
(SEAI)
(SEAI)
s~ Connie E_ R ichon (SEAU
, ~ ~ ..~Q ) Srate Revenue
iilCdEl~Dt~LJ411!]{f
NOW, THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of said sum of S 42~~~~•~~ , and the performance of the
covenants and agreementa he~e~naf~er expressed, and for divera good and valuable cons~de~stions, by these presents, doea grant, bargain, sell, remise,
re:ease, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all tF~at cenain Io~, piece w parcel of land, situate, lying, and being in the
Counry of _ St _ LtY? iQ , and State of Flwida, dewibed as follows:
~'rom the 1~:est 4 corner of Section 29, 2ownship 35 South, Range 40 East, St. Lucie
"ounty, Flo=ida, run North 88° 39' 46" East 508.28 feet; thence run North 1~ 04'
16" EasL 127.40 feet; thence run South 88~ 39• 44" East 20 feet; thence run North
1~° 11• 46" East 153.45 feet; thence run North 70~56•,29", West 169.28 feet to the
roint of beginning; thence run South 78° O1' 46" West 115.64 feet; thence run
~orth 26° 54• 44" West 146.17 feet to a point; therice run North 44° 36' 14" ~Vest
206.SS feet to the North line of the SW 4 of the SH' ~ of the IVk 4 of Section 29,
Toanship 35 South, lZange 40 East; thence run North 890 15' East along said North
line 236.80 feet to a point which is 203.79 feet West of the lYE corner of said SW
of the SW 4 of the NW 4 of Sectian 29, To~rnship 35 South, Range 40 East; thence
run South 26~ I~• East 135.65 feet to a point; thence run South ll0 36• East
~38.15 feet to the point of beginning.
"~~GETF-~R with an Easeme»L for ingress and egress over and across the South 20 feet
of the NW 4 of the SW 4 of the '4 of Section 29, Township 35 South, Range 40 East. ~
b STATE o~ ~-s ~
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GOCUMENTARY~=~~~OR'D~'' RE~~ ~ IN VAYMEM pF T11XES
g~ TAMP Tq a:
DFPT. OF RE1IENt1E ~i~ I Dl~ OW ClASS 'C INTMlGIBLE PE?S~:z~l PR0.'ER1Y
~r
- - ~ r g ~ PURStMNT TO G~AF'iER 71-134, ACiS OF 1911. ~
M~ o =~li
2 ~.:nyy~3 ` V J. ~ 0 ~ fl(3GER POtT(tAS ~
CL.ERK C1RCllIT CAURT, ST. LUCIE CO,, FU~ ~
~
~ogetFxr. with atl and singular the tenements, hereditaments and appeirtance~ therrunto belonging or in snywix appertaining thereto, and all renri, issues,
p~oceeds and p~ofits acuuing and to accrue from said premixs, all of which are included in the above and foregang description snd habendum.
TO HAVE AND JReH~)~ the above described and granted premises uMO the said MORTGAGEE, its successors and assigns fwever. And ths uid
e
!v!ORTGAGOR for heirs, executws, administrators and assigns, hcreby covenants with the said MORTGAGEE, its svtcessors and auipm,
rhat -~Y-~E--- lawfully se~zed of the said p~em~ses in fee simple; that the same are free, clear and diuharged from aN liens and encvrtr
brances in law or in equity, and that they w~~~ a~ their he;rs shall werrant and defend fhe title to ttx s~ms to the said
'rORTGAGEE, its s~ccessors and assig~s, fwever against the lawfut claims and demands of all persoro;
PROVIDED, ALWAYS that if the MORiGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefwe dexribed snd shall tnrly, promptly
ar.d fuily perform, discharge, exetute, complete, tomply with and ab~de by each and every ?he stipulations, agreements, conditions end covenants of said
prc,missory note and of th;s Morrgagc, fhen this AAortgage and fhe Estate hereby veated shall tesse and be null and void.
IT IS UNDERSTOOD that the wwd "Mwtgagw" whcther in the s~~+gular w plu?al anywhere in this Mortgage, shall be singular if one only and
shall be plural jointly and severally if more than one, and that the woad "their" ss ~sed anywhere in this Mortgage sF?alt be taken Io mesn "his," "hers;'
or "its," wherever the context w implies a admits. Alw, thnt wherever tbere ~s s referente in the covenants and sgreememf Fxrein tontained to any of
rhe parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successo~s and assigns (either voluntary by act of ihe
oarties or involuntary by operation of the lawl of the same and ~hat fhe covenants herei~ contained shall bind and ihe benefits and adysnt~ges in~re
ro the respective heirs, Iegsi representatives, successors and asa~gns of the parties he?eto.
And said Mwfgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally tovenant a~d agrte
ro and with tfie said MORTGAGEE, its successors and assigns:
1. To pay all and singulsr t~x printipat and interest and the various and sundry sums of money payable by virtue of said promissory nofe, and this
mortgage, each snd every, promptly on the days respectively the same severally become due.
2. To pay all and singular the tazes, assessments, levies, liabilities, obtigations and encumbrances of every nature and kind now on said described
property, w that hereafter may be imposed, suffered, plxed, tevied, or assesud thereon, p thst hereafter may be levied w useased vpon this Mort¢
age, a the indebtedness secured hereby, exh a~d every, when due and payable, accading to law, before they become delinquent, and befwe any interest
arraches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAII BE PROMPiIY $ATISFIED AND DISCHARGED Of
RECORD AND THE ORIGIIVAt OFf1C1AL DOCUMEN~ iSUCN AS, FOR lNSTANCE, TNE 7AX RECEIPT OR THE SATISFACTION PAPER OFfIC1AtLY ENDORSED
OR CERTIFIED) SHALL BE PLACED IN tHE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS N'cXT AfTER PAYMENT; and in tke event that any thtreof is not
pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any pait thereof without waivi~g or affecring any option, lien, eqvity or
•~qht under Qr by virrue of this mortgage and the fuil amount of each and every such payment sfiall be immediarely due and payah~e ar~d shall bear interest
~.om the date thereof until pald at rate of nme per centvm per an~vm and togr?her w,rh such imerest ~h s by the lien of th:s morgqye.
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