HomeMy WebLinkAbout0266 zs~oso ~
tE+~s ~we+np«. M.a. ~+..~Oth d+y of March iv_L3.. b.n~,.«+
Robert A. P~ncQ snd GeorgannQ Peace~,., his witg
~ St. Lucie Cp~~y Florid~, ha~ln~iq? dtsgoated ~s tlN "MORTOAGOR," and fIRST FEOERAI SAVIN~'.sS AN~ IOAN
~?SSOCIAiION OF fORT PIERCE, • oorpwation orpaniud and exiuir?p w~d~r tM la~ o~(n t!w JMu~d ~r~MS ~f Amtriu w~d havinp in prlncipal pl+c~ of
busin~ in th~ Ci~y d fat Piac~ St. luw Ca+nty, fbrid+. Iwr~inafi~r d~iipn~t~d M MN "MO~tT~'aAGEE." `
WliERE/1S the MORTWIGOR is jvatly incMbt~d to th~ MORTGAGEE in tM sum of i Z~ a~QQ - yood ~nd lawf~l monay of the Untted
Sbtes adv~nced by tht MORiGAGEE unto th~ MORTGAGOR, as ~vidsnced by ~ cKtain promiasory not~ of ewn date Aerewith, of which tM tolbwin~ in
20 8~•s ~~.w copy. ro~w~t: ~ 10019583
s •
~ P~, March 20 19 73
for value reccived, 1, we or either of us, promise to pay, witFa~t defalcation, fo the wder of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbrida, the sum of ~~s BO~• ~ w;th interest from date at the rate of 7• 5 96 pe~ annum, i~ monthly i?ulalb
rt+ents as foltows: = 168.~ p~ the l0th day cf ~y , i9 73 snd a like s~m on the correspond~np day of each ma~th therr
after until ths whole be fully paid.
Ead~ instaUment fi~st sh~ll be applied in payment of ths interest end thcn on the unpaid balsoce of the pri~dpal wm. If dafauh is m~de in ths
payment of any i~stallment when due, and wch default continues 30 days, thm at the optiw~ of the holder, and without aey other notice, all t1~s ?emaininp
installments shafl be due and payabte at once. Privile~ is given to prepay this note in wholt or ln part ~t ~ny time wifhout penalfy. Neithe? forebeannce,
nor aaeptance by the holder fFxieof after ~ny defavlt io any payments hereon, shall be deemed extension. A late paymcnt charpe of S 8•~. th+ll be
added to exh initallment remaining unpiid 7 days after ib due date, and s like wm shall be added to each wch installment remaining unpaid 7 days after
each sutceedirg p~yment date.
fach m~ker, surey ard endwu? haeof, jantly and severally, w~ivcs demand, presc~rment protest and notice of protesl for nonpayment, ~nd further
agrees ro any extension oE time of paymenl, either before a after maturity, without notice to a~y of us; and to pay all costs of collrction, inctuding e
reasonable attorney's fee in the event of any defautt Iceraunde~. end hereby severally weives sp benefit of homeatead a~d exemption under tF?e constitWion
and laws of e~ch State of tlK United Statp, as against this obligatan o? any extension or renewa) hereof.
Nf,`+es' ~he hsrd'i'd oF "`h party. s/ Robert A. Pence -
(SE/W
(SEAL)
. (SEA~
s eorgaiute ence ~ .
~ 31.20 ) Stste Reven~a
(~+smp~ priaeibd ~a+ oA~1e~N ea~r}
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payme~t of said sum of = 2O i 8~ ~ snd the performanca of ths
covenann and s9reements hereinafter expressed, u~d fw divers good and vsluable consideratiw~s, by these presenn, does grant, baryain, sell, remise,
rekase, convey~ aod tonf'um unto the MORT6AGEE, its successors and ~uigns, eU that certain lot, pieu w pucel of land, situate, lyirg, and beirg in the
Camh of $t • j' ~ 1'e and State of fbrida, dewibed ~s fdtows:
The Bast 5 feet of Lot 3 and all of Lot 4, Block 2, FAIRI.AWN
NOMBS SiBDIVISIQd, as per plat thereof on file in Plat Book 9,
Page 10, of the Public Records of St. Lucfe County, Rlorid~+, ~
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o''Te o' w , - k~EPt~i~ S-
C' INiANGIBtE PE'-Si,:.#1 PftO?ERIY r
DUE ON CIASS ~ ~
~ p ~ N~i pU~tIT 70 CFIAPTER 71-134. A~CiS Of 191i.
rw Q ~ k06ER POIiHAS
. ~ C,Ipqlti OOtIaT. ST. WCiE 00, FlJ1.
?ogether w;t}~ ill srid si~gulu the tenerne~ts, herediaments ~nd sppuru~ces thereunto belaging or in anywise appertaining therew, and all renq, ist~ss,
proceeds snd pofin swuing and to ~ccrue from ssid premises, atl of wFiah are included in ti+e above ~nd foregoieg description and Mbendum.
TO HAVE AND TO HOlO the above desvibed snd granted premises umo the said MORTGAGEE, its suaea~ors +nd iuipns faever. Md tM said
MORTGAGOR fw thvii' hein, e:ecutors, admioisrraton snd auigm, heraby covensnb wifl~ the said MORTGAGEE, its wttessors ~nd assipro.
rhst lawfulty seiud of the wid premises in fee simplr, that the same ue free, ckar ~nd discharqed from all Ikro ~nd encum-
brsnces in I+w w in eqvity, and tha+ t~y will snd their heirs shall w~rr~nt and defe~d tM titb w the sam~ to tM said
MORTGAGEE, in s~ccessors and assigns, forever ~yiinst the bwful claims and demarx~s of all persoen;
PROVIDED, ALWAYS that if the MORTGAGOR shsll p~y unto the N10RTGAGEE the promissay note hereinbefwt described and shall truly, promptly
and fvlty perform, dixMrge, eze~arte, complete, canply witb snd abide by each and every tF~e stip~rlations, sgreements, conditian and coveewnri of said
promissory note and of ti~is Mortgape, then this Matgsge and the Estate hereby veated shall ce~k and be rwll ~~d void.
IT IS UNDERSTOOD that the word "Mortgsgor' whether in the singubr or pt~nl u~ywhere in this Mortgsge, shall be urgulu if o~e only ard
shsll be plwal jointly and severally if more than one, ind that the wad "their" as used snywhere in this Mwt9spe sMll be taken to me~n "his,•• •'h~rs••
w'its.° wherever the content w implies w admits. Al~o, that wherever there is i referaxe in the covensnts ard a~reements herein contsinad to any of
rhe puties hereto, the same shsll bs oonstrved to mean ss well u the Ixin, kgal r~presentatives, wooeuo?s and auigns (eithe~ voluntary by iu of th~
panies o~ involuntary by oper,iion of the law) of the same snd that the covenann herein conraiaed sh~ll bind and ih. bensfin and advanray.s inur~
ro the retpective hein, ley~l representatives, successon and ~u~yr?s of the psrties hereto.
Md ssid Matgsgors, for themselves snd their heirs, leyal representatives, suaeuws and aisiyru, hereby jointly and severaNy covenaM and apree
to ~nd with the said MOR1GAGfE. :t~ successo~s and assgro:
1. To psy all and sirgvlar the pri~cipal ~nd intaest and the vsriovs snd wndry wms of mw~ey payabk by virtve of ssid promissory note, and Nw
mort9age, ssch and every, promptly on th~ dsys respectively the same severalty becae~ dw.
Z To pay all and sinyul~r the tsxes, assessments, levies, liabilities, obligstwos snd e~ewnMances of every nstw~ srwl kind now on said desc?ibed
p~op~*~Y• a that h~reafte~ maY be impoied, suffered. P~+ced, levied, w ~s~essed thereon, w that hereaBer may be kvi~d a assessed vpon tl~is Morty-
sq~, a ths indebtedixss seaxed hereby, esch and everY, when due u+d p~yabk, accordinp ro taw, bef«e tM~r becarr d~linavent, and befor~ ~ny intKest
att~thes o~ arry penalty is incwrcd; ANO INSOfAR AS ANY THEREOf IS OF RKORp 7HE SAME SHAII 6E PROMPTIY SATISFIED ANC DISCNARGE~ OF
RECORD ANO TME ORIGINAI OFFICIAI OOCUMENi (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIEO) SHALL 6E PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the sveM that any thcreof a not
, paid, ur'sficd ~nd dischaysd sa:d MORTGAGEE may at any. t~me paY ti+e tamt w any part thereof withovt waivirg w affettiny a~y optan, lien, eqviry or
•ipht vnder w by virtue of tbis mortysge and the full amov~t of esch and every such paymenf shall be immediat~ly due u+d payabk ~nd sf+~ll be~r iMerpt
~rom the dare tF~e.eo1 until paid at rare of n~~?e per centwn per ~nnum u~d to9ether w'~rh iuch intersst ahall be sen,red by tF,~ li~n of th:s morpbye.
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