HomeMy WebLinkAbout1086 ~~8499 ~
THiS iNDENTURE. M~ the 19th ~y af Februarv A.O. 19~..~. bttwrt~n
~ Georc~e W. L.~orn a~d Lorzaine l.t+who~n, ' h s ii?if~ ~
o~ - S~ • L~= lS: , Cou~ty Fbrida, F~ereinaftM da~g~+ated ss IM "MORTGAGOR," ar.d FIRS! fFOfRAI SA4INGS AND IOAN
ASSpCfAT10N Of FOR! PlFRGE, a cwporation apuus~d and ex~stinp w~da~ tM lawi of th~ Unit~d 5~~~~s of Armric~ and havinp in princip+d plac~ of
busi~ess in tM Cit~ of Fat Piiuc~. St. l~ci+ Cou~y. Florida, hs«inaha wsipnated as th~ "MOR1GAGfE."
WHEREAS th~ MORTGAGOR is 'rystiy indsbt~d w tM MORTGAGEE in :!+s sum of s 8~~• ~ood an~ lawfu! T.oney of the Un:ted '
Srares advanced by tM MORTGAGEE ur+ro the MORTGIIGOR, as evideixcd by a certsin promiuory nole ot even date herewi?h, of w!uch the follovri~q in ~
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wads and figures is ~ trw COpY. to-wit:
= 8•~•~ r,~,,_ 10019450
,
~.r P~.u, a«~d+. Rebruary 19 i9 73
fa valve reccived, 1, w~ or either of us, ,womiu 1o y, without defalcat~on, to +he ade~ of FIRST FFOFRAI SAYINGSS AND :OAN ASSOCIATION OF
FORT PIERCE u fort Pierte, Fiorida, the sum of = ~ witfi ~nterest from date at the :ate of 7• 776 pcr annum, ie monthly instalb
70.00 lOth A ril 7' {
menK as fOflowS: ~ vn 1he d~y of ,p 19 3 and a liks sum a+ the correspo~ing day of eaci? month iher~- }
after until tF?e wncle be fully paid. ;
Each imullrt,ent fir» s'nall be applied in payrn~nt of thr interes~ ~nd then on the unpaid bafance of the prG-~upal sum. If defwlt is rnade in the ~
Fayment of any insrst6neot when due, and such defauh continue;, 30 days, then st the optiw~ of the holde~, and without any o~her notice, all ihe remaininy '
~nstallmenta shall be due and able at once. P~ivil wen to- this ewte Cn whole or i~ {
WY ~ w 9~ P~~Y part at any t~me withovt pcn+lty. NQitF~rr forebearance. _
nw acceptance by the holde~ thcreof after any default in any payments he+eon, shall be deemec! extcnsioe+. A Iate payment th~rge of = 3'~ shall be ~
added to each imtallmcm remaining unpa~d 7 days after ih due datc, and a like sum shaU be added to each u~ch instrHment remaining unpaid 7 days ~Net
each wcceeding paymrnt date. i
E+ch maker, surery ~nd endc.:ser hereof, joinlly and severally, waives demand, presemment protest and notice of proteit fw nonpaymer~t, and further #
agrees to any extensioe of Yrne of payment, eithK before e; after maw~ity, without notice to any of us; and ro pay all costs of cotlection, in:Ivd~nQ a
~easonabk attwney's fee in the even? oF any default he~eunder, and he~eby severa~ly waives all be~efit of homestead and exemption under the tonstitution
and laws ot each State of tFx United States, as aga;nst this obl~g~tion or any extension cr renewal hereaf. +
Witness the hsnd and seal of each party. ~
• s/ Georae k`_ Lawhc~rn ~
(SEAU
(SEAq
~U ~
$ 12.75 s/ l.orraine i.awhorn ~
Stste Revenue ~
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NOW, THEREFORE, the MORTGAGOR for the p~rpose of secvring p~yment of s+id sum of = snd the pe~formance of ths #
cover?eon and agreements F1lfli(?d~/H expressed, and for divcrs good and vslvable considentwns„ by these presents, does grant, bar9sin, selt, remiu,
relsase, convey and confirm unto the M.dRTGAGEE, in :uccruors and au;gns, all that certair? lot pieoe or pucel of land, silvate, lying, and be;eg in the `
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County of St. Lucie ~nd State of Fbrida, deacribed u follows:
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Lot 7, B2ock ~ s replF t of PALM GARDENS S[.BDIVISIOV, as per pla t ~
thereof on file in Plat Book 12, Page +2, of the Public Records ~
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of St. Lucie County, Florida. ~
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RECEIYED ~~~7_.~ I!t P.~Y~!El'!T OF TAXf3 =
WE ON CLASS 'C INTANGiBIE FE L~?O: ~RIY~
PURS11ArlT TO GiJIrPTER 71J34, AC~S OF LyI~,
(aOGER POITRIIS ~~I
q.EN( CtAqlli OOURT, S1. WC1E CO., ft11,
rogether w~th all and singular the tertements, he?ed~tsments and appurtances therevnto be{ag~ng a in anywise ~ppertaining thereto, +nd +11 ren», iuves,
p+oceeds snd prof;ts accruing and to e;vue from said pemises, sll of wFiich ue inr~xled in the above and foreyoing description and hsbend~rm.
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TO HAVE AND TO i~OID the sbove desuibed snd grsnted premises unto the said MORTGAGEE, in s~ueswra and suiym fwewr. Md th~ s~id
MORTGAGOR fa thelr _~;~s, executon, administratars snd ~ssiyns, hereby covenanb with the said MORTGAGEE, its waessps ~nd ~uipro,
~hat ---~e V a P IawfuUy se~zed of the saki p~emises in fee simplr, that the same sre free, ckar ~nd d'~scharged irom all liens and encw~r
br; ~ces in law or in cquiry, and that thev w~~~ their hein shall wursnt and defend the titk to the same to the s~id
MORTGAGEE, its successo~s ar+d ase;gns, Torever agsinst the tewful daims and demands of all persons;
PROVIDfD, AtWAYS tMt if the N{ORTGAGOR s}~all pay unto tF~e MORTGAGEE the promissory note hereinbefore dcscribed snd shall truly, promptly
and fully perfwm, discharge, eaecute, compkte, compiy with and abide by exh and every the stip~?lations, sgreemenh, caxlitans snd covenann of s+id
prom~ssoty note and of this :,tiortg~ge, then this Mwtgage and the Estate hercby aeated shall cease a~d be nuD ~nd vo~d.
IT {S UNDERSTOOd fhst fhe word "Mortgagor" whether in the s+'ngvtai a plwal anywF~ere in this Mortgage, shsl) be sinyula? if o~e only ~nd
shall be plur~l 'pindy and seve.ally if more than one, snd that the word "the'a" u used anywhere in thd Mortg~ge sh~ll be taken to mean "his;' "hets,"
or ^ita;' wherever the conteat w implies w rdmits. Also, t}at wi~erever there if • flfNMt! i~t th! GOVlniRft a~ ag?!M~lnb I~lI¢if~ COflfli/~ fp Nly Of
rhe psrtie~ hereto, the same shall be construed to rr~ean as well as the Ixirs, kg+l represent~fives, wccessas snd assigns (either voluntsry by ~tt of th~ ~
parties or involuntary by operatwn of tht Isw) of she une and that the covensnts he?ei~ contii~ed shall bind and the benefits and ~dvantayes irnxe
to tF~e respective heirs, Icgal representatives, successors and :ss~gns of the panies herda
Md sa:d Mortgagws, for themselvt~ ar+d theN heirs, legsl •epresentatives, successors ar.d auigro. Fxreby jointly snd sever~lly oovensnt and pree
rc and with the srid JNORTGAGEE, its succeason ~nd assigns:
1. To pay sll and s'sngular the principal and intereit and the vsrio~n and aundry x+ms of money payabk by vi~tue of said prom+ssay note, snd this
mortga9e, each and every, pramptty o~ tke days res~ettively the same sevenlly bccane due.
2. To pay ati and singu;x the axes, aisessmenn. Irr;es. IisDilifits, obligstions ~nd encwnbrances of eve~y ncture ~nd kind ~ow_on seid dauibed
P~O(xtty, w thar hereaftar msy be ~mposed, wffared, plated, kvied, or sssassed thereoe, or that hereaftar may be lev~ed a assessed vpon t1~is Mwq-
age, w ehe indebtedress secu:ed hereby, exh and every, when dve and payable, aaordirg to Isw, lxfore tbey become delinquent, and bsfoi~ ~ny i~terest ,
attaches a any ~penalry is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME S11ALl dE PROMPTLY SATISFIED ANO DISCHARGED OF
RECORQ AND THE ORIGlhAI OFFICtAI DOCUMENT (SUCH A5, FOR INST4NCE, THE TAX kECE1P1 OR TME SAi15FACT101V p/tPER OFffC1AlLY E!iDORSED
O~? ,r.fRTtFIEDJ SF'.All 8E +'LACED IM iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENT; snd in the evenr that any tl~ereof a nw
paid, sat'sfied and dixharged sa:d MORTGAGEE ~nay at any time pay the same a ~ny pan thcreof witFw~t wsivino a affeding any option, lien, equiry p
•~pht under o~ by virtue of this m.wtqage and the full ama~nt of each and evdy such psymeM shall be irrrnediafely du~ and payabk a~+d shall 6eu intdest `
~rom the date ~he?eof unti~ paid at rate ot n~ne per cent~rm per annwn and toyethe~ w~th wch inte~dt shal(}~ the 1' ytp~. ?
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