HomeMy WebLinkAbout1518 ;~~~~3~28 ~
THIS INDEkTURE. M~ ~M~Z..I~ day of Rebt~Y~ A.D. 19_~3 ~ o~tw~en
Reg na W. u nn an ra u nn,'~s~~e -
_ ~
of SL. LL1C~@ Cpy~~y Fior~d~, 1~erainafter dtsigna~ed ~s ti» "MORTGAGOR;' ~nd FIRST FEDERAI 5/?VINGS AND IOAN
ASSpC1AT10N OF FORT PIERCE. ~ ccrporation or9anized and existu+~ unde~ tM laws oF tM Un~ted Sat~s of AmKica u+d havin~ its prwxipal plac~ of
busineu in ~hs City o( Fort Pierc~. St. Lucie County. Florid+. hc«inaf:r detigna~sd aa tM "N10RTGAGEE.••
WHEREAS IM MORiGAGOR is jv~tly ir?dabted w tM MORTGAtiEE in ths sum of = 22 ~ gocd +nd ~awfvl mu~ey of tha Un~ted
Sr~tes ~dvanced by ~M MORiGAGEE umo the MORTGAGOR. es eridsnccd by a certai~ prom~uory not• of ever. dste haewith, of vrh;ch the tollowinp in
words ~nd fgures u a t*ue copy, to-wit:
= 2~~ ~ _ ~ ~ 1G019480
~o.~ P~n., Fb.;d,, Rebruarv ~ . ~~3
fw valve ~ectived, 1, we or either of us, prom~se to pay, without defa:catio~, to the order of FIRST FEDERAI SAVINrG~S~ ANp LOAN ASSOCIA`t0:~ OF
FORT PIERCE at Fort P'e ce, Florida, the sur~, 22 w~th i~terest from date af the ~ate of7 •7~°6 per annum. ~w^~h:y i~sul:-
:~,enrs as loltows: = 1~~~~ on the L~ day of APril ~g 73 and s like sum a~? the corresporsd:ng day of each munth tFxre-
afrer vntil the wMle be fully paid.
Each inseallment first shall be appl~ed in payment of the inte:est and then on the unpaid balance of the pr:nc:pal wm. If defauft ~s made in the
~•a,ment of sny insrallment when due, and :uch defau~t continues 30 days, Ihen at the optan of ~he holder, and without any other rotice, all the remain~ng
~„s~atiments shall be due and payeb:e at once. Prlvilege is given to prepay lhis note in wholr o~ in patt at any time without peiulty. Neifher (orebearance,
nor xcep~ance by the hoider !hereof afrer any defuu~t in any payments hereon, shall be deemed extcnsion. A~ate payment charge o( 59.25 sh~~~ be
rddrd to each installment remaining u~paid 7 days aiter in dus date, and s like sum shali be addad to each such i:~staltment reenain~ng u~paid 7 days after
23CF1 succeeding payment date.
Each maker, surety and endorser hereof, joiMly and severally, waives demand, prese~tment p.orest and no~ice of protest fw nonpayment, and furthet
agrees to any extension of time oi payment, either bzfore w after mawrity, withoul not~cr to any of us; ar.d to pay all costs of collection, induding a
re~sonable attorney's fee in the event of a+~y d:faull hereunder, and hereby seve~aily waives ail benefit of lwme;tead and eacmption undc~ the conatitution
and ~aws of each S:ate of the Un~trd S~ae_s, as aga~ni: this obl~yation a any e:tension or re~ewal krreof.
Witness the hand and seal ef each party.
' S/ Rec~inald W . Quinn
cs~?U
. (SEAt)
s/ Dora L. Quinn ~,U
~ 33.75 ) $tate Revenue
x 22 500.00
NOW, THEREFORE, the MORTGAGOR for ~he purpoae of aecuring payment of sa~d sum of S • and the perfwmance of the
. co•.en~nts and agre~mena here~nafter e:p~essed. and for divNS good and vslwbte cons~erations, by these presema, does grartt, bargain, selt, remix,
release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or pa~cel of fa~d, sitwte, lying, and being in the
County of SL. Lueie and State of Flor~da, deuribed follaws:
Lot 3 of D. D. A. S[BDIVISION as recorded in Piat Book 15, Page 23, of
the Public Records of St. Lncie County, Rlorida
I r•
' , A -ST'A oF ~LOR~DA. ~
; o~ DO~,1!lMEN1AR~ •~~.,.STAMP t~l' ~
'i ~ ~ ilEfT. of ~tE11ENllE _ • ~
~ ° ~ = Pa = "~''~•~a ~ 3 3.151
i = ~not i
e
~
: ~1 ~t~ Pairt+~~xr of s~
~ s~cc~v~n
111E ON CiASS'C IKjAN~IBIF FE4~i~rt P~:OPER''!~
~ P'JRSUAt(i TO t~iAPiER 71-134. ACTS OF Iyll.
~ RO~ER PORF.tiS
q,f~l GIR(Y1ii fAURT, ST. Li1C{E fi.~
~ together_ with all and singular the tenements, here.litaments +~d sppurtances thcrcunto belonging w in a~ywise appertaini+g thereto, and all rents, issues,
proceeds and profiti acuuing and ro xvue from said premises, all of which ue included in the ~bove ~nd foregang desuipYan u~d hsbend~xn.
TO HAVE AND O HOID the above described and granted pemises vnto the said MORTGAGEE, its wccessors a~d auigni forever. And th~ s~id
t~eir
MORTGAGOR fw he~~s, executws, adminiatratws and asslgns, hereby covensnts with the si~d N~ORTGAGEE, iri wccessws ~nd +uipra.
rhat -~~~ZQ-- lawfu~ly uized of the said prcmises i~ fee semple; thst the same ue free, ckar and discharged from sll liens and encum-
~ brances in law or in equiry, and that they M,;II and their heirs ahsil w~rrant snd defend the title to the same fo tF~e said
MORTGAGEE, its svc:essors and au~gns, (wever ageinst the lawful claims and demands of all persons;
PROVIDED. ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note hereinbefore destribed u+d sh+ll truly, promptly
a~d fufly perfo.m, d~xharge, execute, compkte, comp~y wiffi and ~ab~de by each and every the stipulations, agreements, conditions and covenanri of said
~ arcm~ssory note and of this Mortgsge, then this Mwtgage and the Esta:e hereby vested shall cease and be oull and void.
~ IT IS UNDERSTOOD thst the word "Mort whethcr in the s~ ular or iural an hece in this Mort e, shall be H lu if one onl and
9+9a ~ ^9 P Y~+ 9a9 ^9~+ Y
~ ihatl be plu~~l jointly and uverally if more than one, snd that the word "their" as vscd anywhere in this Mortgage shall be Nken to me~n "his;' "hers,"
~ or "its," wFrrever the context w implies a admits_ Atw, that wherever there is a reference in ihe coven~nb ~nd agreemenb herein comained to any of
'"~~i rhe parties hereto, the same shall be constrvrd to mean ss well as the heirs, iegsl rep:esentatives, svccesson snd usigro (either voluntuy by ~ct of the
p3TTiM ur involuntsry by operatwn of the law) of the same and that the covenar.ts herein conqined sFnafl bind and the benefits snd advanbget inure
~ fo the respectire heirs, legsl representatives, successors and ass~gm of the parties hereto.
~ And said Mortgagors, for themselves and their heirs, legal representatives, successors snd sugns, hereby jointly s~d severally covenu?t and agree
ro and w~~h ~he said RAORTGAGEE, its successo?s a~d assigns:
~ 1. To psy all and singular thc p?incipsl and i~terest and the varioos and sundry swro of money payable by virt~e of xaid promisswy note, snd this
mwtgage, esch snd every, promptty on ihe dsys respectively Ihe same severally becane due.
~ 2. To pay alI snd s~ngvl~r the taxes, assesunents, levies, liabitities, obtig~tions and encumorsrxa of every natwe and kind now on said described
property, or tMt hereaher msy be imposed, wffered, placed, levied, or ztsessed tFxaeon, or thsl hereafte~ may be kvied w usessc.l vpon tius Mort¢
~ age, w the indebtedneu secured hereby, exh and e~ery, whert due and payable, xcading to iaw, before they becortr delinq:xM, and befwe any interest
a~taches w any penalty n inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII BE PR^MPTIY SATiSf1ED AYD DISCHARGEO OF
~ RECORD AND THE ORIGihAI OFfIC1Al OOCU7V4ENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SAT[SFAGTION PAPER OFFIC~ALIY ENDORSED
~Z •~R CERSIFIED) SHALL BE PIACED IN THE HANOS OF SA~O MORTGAGEE WITHIN 1EN DAYS NFXt AFTER PAYMENT; and in the event thal any thereof is ~ot
~ ;:a~d, sat'sf~ed and d~sc-arged sa:d MORiGAGEE may at any t~me pay tix same or any ps?t thcreof wEthout waivicg or ai(ecNng any option, lien, equ7ry or
q~; ~~qht under c- by virtue of thes m.artgage and the /ull amo~~t of each and every such paymeM shall be immediarc due aod paysble ~nd shall bear intdes~
~rom t1x date tFxreof until pa~d ar rate of n~ne per centvm prr ann~m an~ together w~th svch inte~es! shall d b t 1' f 'i nwr t
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