HomeMy WebLinkAbout2649 /c.~~tJV~.~~G
1HiS IN~fNTURE. Mad~ ~he 8th day of M~?rch A.b. 19~~ k+rtween
h@-
j?~, $~ar~rl Afl ~t ara arton, ~s w t@
of _ St• 1'uCi@ ~q~nty florida, hereinat~er dtar~n+•>d a; time "A10RTGAGOR," and flRST FEDFRAI $AVI;VGS At~;O IOAN
ASSOCIATION OF fORT PIERCE, a corpocat~on org~nized and ex~s~ir.q under IAa laws of the Unrted StuQS of America and hav~ng its prl~x~pat place of
busi~aat ia ~Fy City ot Fw1 P,erce. St. luc:e Covnty, f~orida, hercinatter designatcd aa tha "ir10RiGAGEE:'
WHERfAS the MORTGAGOR ia justly indebted to the MORTGAGEE ~n the sum of f_ 18~'ZOO.~ good a~<d ~awfui n.oney oi the Un'ted
S~,~tes ~dran:ed by tAe MORIGAGfE uato tha MOR(GAGOR, as rv~Jrnced by a certa~n prom~ssay no~e of even daie herew+th, of wh~ch the follow~r~g in
..ards ~nd f~gures is a trur copy, io-w~t:
s_ 18.Z00.00 ~ 1AO14Sl~
forr Pier:e, florida, ~ rC h 8 19.Z~.
fo~ value ~ece~red, 1, we o~ either of us, pronuse to pay, withovt .~efa'car~o», to the ordzr of FIRST FEDERAI SAVINGS At10 LOAn~ ASSOCIAl10V OF
~02i ?IERCE at Fo.t P7rrca, FMr~da, rhe sum of S- 18t?~~~__.__ .,r.~h ~nfcrese 4rom date a1 ~he rate of 7i7~ pe~ an~um, :r, monthly i•Yta~l-
•~~er~~s as Ioi'ows: s--14T_iQ~__ on tF~e ~S~SZL day of _Anrii 143~ _ and a I:ke sum on the correspond~ny day of e~ch naNh the~e
~!trr until Iht whO:e be fully pa+d.
Each ~nstail„~tnt iirst aAall be appl~rd in Fayment oi ~he intrrest and rnen on tfie unpaid l+a~ance o~ the p~int~pal wm. If defa~.N i= made ia the
, a;~nen? of any insraitmen! when dve, and such d-:fault continuei 30 days, the~ a~ tt,e option of Ihe ho:der, and witho„f any o~l~ar rorice, a!1 the rema~ning
~:ua~tme.~ts shaii be doe and payab?e a~ once. Priv~iege is given to prepay this rwte in whcle w in pan at any t~me wunout pen+lty. ~le+ther fo+ebearance,
~~or ar.~~tance by the hoidtr thereof after any defavlt in a~y paymcnta herzon, shall be deemrd eatens~on. A late payme~t chargP of S_7' 3S shall !c
~ddad ~o each ~r.sra~tmrnr remain~ng vopa:d 7 days afier its d„e dere, and a t~ke sum shall be addrd to each wch insrailment renw~:~i~ig cnpaid 7 days a~~er
_•3ch s~tce:dir.g payme~t dac>. -
Each maker, svrety and endorser hereof, joinNy and seve~atly, wa~ves dama~d, p+esentm~nt protest and not~ce of protest fw nonpay~rrent, ~nd !urther
agrees io any ~atension of rime o( payment, eiri,er before or afrer ma~wery, wifhou? nor,ce to any of us; a~d to pay all costs of ~o~lection, includ.n9 a
.•.,soneble atro~ney's fee in the eveM oi any defau~t hereun~rr, anc~ he~eby seve.ally walves al{ benefit of homestead and exemption under the tonstitution
,.d laws of each S~ate o1 the lin~red States, as against this obl~gal~oo o~ any _wtens~oa w renevial her~f.
Wit~ess thr hand and seal of cs;h prr?y.
, a/ Rodney D. Barton ~Ai~
(SEAU
~ (SEAt)
s Barbara Barton ~u
~ 27 . 30 ) stnte Revcnue
~s~~ ~a~?~a ~s m~:,~m:
NOW, THEREFORE, the MORTGAGOR fo~ thr r ng psy ~8 2~
pu posr of ucvri ment of sa~d sum of S- ~ and the pe?fwmance of the
covenants and agreements hereinafte~ expreased, and fw divers good and valuable cons~de~ations, by these presents, do~s grent, barga~n, se!!, remise,
r~•tease, co~vey and confi~m unto the MORTGAGEE, its successors and ass~gns, atl tFat ce~tain bt, piece w parcel of Iand, situate, lying, and be~ng in the
Couny of St . Luc ie ~nd State of Flwide, deuribed as iollows:
That part of the West 260 feet of the Bast 1060 feet of; South ~ of Outlot 7 and
North ~ of Outlot 8, according to a plat of White City, as recorded in Plat Book
l, Page Z1, Public Rerorcis a~ 5t. Lucie County, Florida,, said Lots lying apd being
in East ~ of SB ~ of Section 4, ToMnship 36 South, RAnge 40 Bast, which lies South
of the follo~ring described line: COT~SNCING at the SB corner of the above-described
land, anci on West right of way of Oieander Avenue, run thence North along the West
right of ~nay line of Oleander Avenue, a distance of 131.25 feet for the point of
beginning; run thence West at 90 degree aagle with right-of-way ot` Oleander A~enue
and parallel with the South boundary of the above described land 910 feet; run
thence SouthNesterly to a point which is 20 feet North of the South boundary of
said land and 1060 fe=~ West of the 6a:,t boundary of ssid land; continue West parallel
wi2h and at a distance of 20 feet froc~ the South boundary of the above described iand
to the East right of way of Citrus Avenue. The saae beiog Lo~ ~6 and 27 and portion of
~tre¢t i~ediately ~djacent thereto as shown on survey by J. W. Whitice filed tor
record Ma,y 2I, 1958 in Deed Book 238, Page 15, Pub2ic records of St. Lucie County,
Florida. .i' -
a ~ STATE _ 1N PAYMfNT OF 1CJt~:
„ oF FLOR1 DA. ~ R~
~Z QOCUMENTARY,.:~-:~ TS AMP ;AY ~ pn ~ss'C' iNiAl'~GIBIE PERSv'!~4L PRl1VEfr~~{
°c~ t° i~EVS. OF NEYENUE t~- ~ PURSUMIT i0 CN~~ER 7[•134. RCTS OF 1y71. 1
7tr r• F20(iER POITF~A$ ~ ~
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a= fla.= ~ 2 7 3 0 ~ ~~~„T ~,RS, S~. ~~,f ~
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+ogeth~r with all and singulsr the tenements, herediraments and appurtances ~hereunto belonging or in anywise appertainirg lhereto, and all rents, iuues,
a•oceeds and profits aca~ing and to accrue from said premixs, all of which are incl~ded in the above and foregang dexription and habendum.
TO HAVE AND TO HOLD the above described and granted premises unto fhe said MORTGAGEE, its svcceuors ar?d assg~s forever. Md the s~id
'.!ORTGAGOR for heirs, executors, adminisrrato~s and ass~gns, he?eby covenanti with the ssid MORTGAGEE, its succeuws and ~ssigns,
rhat --~e~C-~t~-- lawf~lly xized of the said prem~us in fee simple; that the :ame sre free, clear and discha~ged from all (iens ~nd encvm-
~rances in law w in eq~ity, and that they w~~~ a~ their ~;~s shall w~rrant and defend ~he title to the same to the said
.MORTGAGfE, its successors and ass:gns, forever aqainst fhe lawful cla;ms and demands of all pe~st~•+~;
AROVIDE~, ALWAYS that if tFie MORTGAGOR shall pay unto the !4!QaTGAGfE the promisaory ~o~e hereinbefore dexribed and shali truly, promptly
a~d fully perform, d~uharge, execute, comptete, comply w;rh and ab~de by each and evc?y the stipulations, ag~eements, conditio~s a+x1 covenants of said
a•om~ssory note and of th~s Mo.tnage, then rhis N4ortgage and rhe Esrare hereby cresred shall cease and be null and void.
IT IS UNDERSTOOD that tl~e word "Mortgagor° wherher ;n fhr s~n~ula. or plural anywhere in this Mortgage, shall be singular if one only and ~
shall be ptural jointly arwi xverally if more than one, and that the word "their" as used snywhere i~ this Mxtgare shall be taken to mean "his;' "hets,"
or "its," wherever the context so implies w admits. Aiso, thal wherever there is a reference 'rn the covenanrs and sgreements F?erein contained to sny of ~
~he pa.ties hereto, !!r_~ ~am~. s1•a1~ be ronstrued ~o mean as we!! as sh_• hairs, l~ga: r~eseniatives, successors and assgns (eithtr voluntary by stl of the 12
~arties or involuntary by operation of the law) of the same and that the covenants herein co~tained shali b7nd and the benefits and advanTa9es inwe
•o the respective heirs, legal rep~esentatives, wc:es»rs and au~yns of thc parties hereto.
And said Mortgsgws, fw themselves and their h•irs, legal represenratives, suctessws and ass~gns, hereby joioely and severally covena~t ~nd agree
~o and with the said MORTGA ;EE, ~ts successws and assgns: ~
1. To pay all and singula? the pr~ncipal and interest a~d the variovs and sundry sums of mooey paya6te by virtve of said promissor~ note, ~..J ehis
r,orrgage, each and every, prompNy on fhe dsys respectively the same u~erally become due. ~
2. To p~y ill and sinyular the taxes, assessments, levies, liabiiities, oFJ~gat~ons and encumbances of every nature and ki~d npw on sr desuibcd x~
p~operty, or that hereafrer may be imposed, suffered, plucd, Ievied, or assessed theieon, w that hereafter may be levied or usessed ~r - this Mwt9-
ege, w tlx indebtedness secured hereby, each arv! every, when due and payable, accordi.g to law, 6efore they become delinqucM, and befo.~: a~ryr interest
a'+aches or any penalty it incurred; AND INSOfAR AS ANY THEREOf IS OF RKORp iHE SANIE SHAII BE PR01YlPTlY SATISfIf~ A~ID U~SCHARGED CF •
~~CORJ AND TNE ORIG~R:AI OFFICIAI LIOCUMENT (SUCN A5, fOR INSTANCc. THE TAX RfCfIPT OR iHE SATf$FACTlON PAPER OFFICIAILY ENDORSED
OR CER71F1ED) SHAIL BE PLACED IN THE HANUS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
;;a.d, sat sfied a:+d discharged sa d MCRTGAGEE may at any hme pay the same or any part thereof vvithout waiving w affecting sny optio~, lien, equify or
•~~ht vnder w by virtue of th~s ~*w~rgage and rhe f~ll amount of each and every svch payment shall be immediately dve and payable and shall be~r inte~rst
jrom the date thereof until pa:d af rate of n~~e pcr cent~m per sonum and together w~rh wth interest shsll be secured by the lien of th:s morgtage.
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