HomeMy WebLinkAbout0949 ~ 25U552 ;
m~s iNOEkTUR~. ~.d. ~n• 22ad d,y ~ March ~0
73 b.n~..~
BlaACh~ B. Pearce a widow ~ ~
aF SL • LIlC~~ Cpy~~y F~~~ ~tin~flM dtsipn+ttd a tM " ~TGAGOR," ~nd FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a aorporatia? apani~d and ~xatirg ur?d~r ~M laws oi tM Unit~d Saea of M+aka •~nd lavtrp fn princip,l pl~c• of
busln~u M th~ G1y of Fat PiKa, St. lvci~ Counry, Florid+. Iwr~inaha d~siyn~Nd u tM " qT SOO.~
WHEREAS th~ MORTGAGOR is ~Stiy indsbt~d to tM MORT6AGEE in tht wm of ~ ~ pood u~d lawful money of tM Un~ted
Srar~s ~dwnced by ths MORTGACaEE u~to tha H1pRTGAGOR, as evidenced by a certsin promissory nots of rven dat~ heriw+th, of wh;ch ?M futbriinp in
wo.d~ aod f• ures Fs a:rw copy, to-wit: 1001940h''
~ 19,SO~.00 ~
fwt PiKC~. Florida. M8lC11 22 ~ 19 73
Fw valw receivcd, 1, we w eithe~ of us, prom;se to pay, without defalcation, to tha order of FIRST FEOERAI SAVIN4GS~ ANO LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbrida, the sum of = 19 ~ S~ with intc~est from due ~t the rate of 7 i7'76 per ~.+nwo, in monthly install-
menn ai (ollows: ; 161.00 on tF?s l~t •eay of 19 73 ~nd a iike sum on the corre~pa~dirg day of eatb month therr
after until the whole bs fuUy paid.
Eath inatallment fint shall be applied in peyme~t of ths interest ~nd thcn on the unpaid balance of the princip~i wm. If defauk is rt?ade in the
payment of s~y insqllme~t whe~ due. and such defavlt conlinuet 30 day~, then at the option of the holder, and withovt any other ratice, all tia remaining
installments shall be due and psyabk at once. Privilepe is given to prepay this nofa i~ whole or in put ~t any time without pet?slty. Neither torebearurce,
nor xceptsnce by the holder thereof after any default.in sny payments hereon, ihall be deemed extensia?. A late payment char~s of ~ 8~05
- sh~ll be
added to eath installment remaining unpaid 7 days after iri dve date, and a like sum shsll be added to eath svch instsltment remaining w~paid 7 days afte?
each wtceeding piyment date.
fach maker, ~urcty and endaser hereof, jointly and sevenlly, waives demsnd, presentment protest and notice of protest for ranpayme~t, and further
agrces to any ~extensan of Y~me of payment, eitFxr before w after maturity, without notice to any of us; and to pay all costs of coilecfion, inctudinp a
reasonabte attorney i fee in the event of any defautt hereunder, and he~aby severally waives all benefit of homestead aed exemption under the tautitution
and lav~ of each State of the United States, as against this obligation or any extensan or renewsl hereof.
~t~ess the hand ar+d seal of each party.
s/ Blanche B. Pearce, a wido~u
~ $29.25 (sEwU
) srate aevenue
(ZhMp{KM1ElNOd'CU~'~'Ri~inah f~OtO) ~
NC'lV, THEREFORE, Ihe MORTGAGOR for the p~rpose of securirg payment of said svm of = 14 ~ 5~ „ and ths
perform~~os of t!w
covenants and a9reements hereinafter expressed, snd for divers good ar+d wlwbk coraideratiw~s, by these presenri, does gnnt, barqain, sell, remise,
release, tonvey and confirm unto the MORTGAGEE, ib wccessora a~d usigns, a0 fhat cert~in bt, pieoe or pucel of tand, situate, tying, u~d beinp in the
County of St. Lueie , u~ State of Ptor~d+, dewibed ~s follows:
Lots 14 and 15, Block S2, 1,AKEWOOD PARK~ [~iIT NO. 5
as per plat thereof on file in Plat Book 11, page 5,
of the public records of St. Lucie County, Rlorida
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rogether with sll and singulsr tF?e tenements, hereditaments and sppurt~nces the?evnto belaginp ot in anywise appertsininp the~efo, snd ~0 renb, iuues,
proceeds and profits acuuing snd to scvue from ssid premaa, aq of which ue incJ~ded in the above ~nd foreyoing dacription snd I~sbendum.
TO HAVE AND TO LD tF~e ~bove desvibed snd grsnted premisa unto tht iaid MORTGAGEE, i!s suueswrs ~nd auiyos forever. Md tM said
MORTGAGOR for ~Qi r hein, executas, adminisnstors and suigns, hereby oovenanri with ths said MORTGAGEE, its suaessors and ~s~ipra,
thaf they aze ~a~~i ~;:~d of rn~ ~~d '
)y premises in fee simple: th~t tM suns ~re fre~, cfe~~ and dischar9ed from all liens and sncunr
brnnces in law w in equity, snd that thpT__ wilt and th~r heirs shall w~rrant and d~fend the titls fo the ame to the said
MORTGAGEE, its successors and assigns, forever sgainst the lawful d+ims and demands of sll penons;
PROVIDED, ALWAYS thst if the MORTGAGOR shall p~y unto the NWRTGAGEE the promissory note hereinbefors described and sh~l! t?uly, p~omptly
and fulty perform, diicharge, execute, compkte, comply with and abide by csch and every tF~e stip~latiwn, a9reernenn, conditans snd coven~nts of said
promissory note and of this Mortg+ge, then this Mortg~ge and the Estate hereby veated shall ce~se u~d be null ~nd wid.
IT IS UN~ERSTOOD ttwt the word "Mortg~gor" whether in the singulsr or plwal ~nywixre in tl~is Allortype, sh~tl be sirgulK if one only ~nd
shatl be plurel ~ointfy end seve~ally if mo~e than one, and that the wwd "their" as wed anywhere in this Mwt~~ye sFyll be t~ken to m~an "ha:' "Mn:'~
or "iti," wherever the context so implia or admits. Also, thst wherever there is a r~ferenc~ i~ the coven~nri and ~prsemenri herein conqinsd ro ury of~;ti .
~he p~nies hereto, the ssme tFafl be construed to mea~ as well as the heirs, kyal rtpresentative~, suctessois and assigro (either vol~ntary by ~ci of the~
parties or involumary by opersYwn of the law) of the s~me snd that the covsnanb herein contsined shsll bind ~nd the benefib and adwnt~p~s inut~
ro tFro respective heirs, leysl represeMatives, wcceuws and ass°yres of the ~puties hereto. w
Md s+id Nlortgsgors, fw themselves and their hein, leyal rtpresentatives, succeswrs snd au~ns. l~ereby jointly and ieverally tovenant and pr~e ~
to and wifi~ tM said MORTGAGEE, in successors and auiqns:
1. To pay sll ~nd sinpulu the princip~l and intereit ~nd tM wriovt and wndry wms of money pay~ble by vi?tve of ~aid promisiwy not~, and tAis ~
morty~ye, e~ch and wery, promptly on the days rapectively tM sam~ wv~rally b~corn~ dw.
2. To pay dl and sirgvlar tFw taaes, as~esur~enn, levies, liabilifies, obliq~tions ~ed encvmbr~nus of ~wry Mtyl~ aI1tI Iu~ naw on sa;e! d~wi!»d ~j
v~~h, w that Fnr~ah~r maY b~ impwed. ~uffa~A. P~~ced, Iwi~d, or ~skss~d tMrsoe, or tMt hereaher may b~ Iwi~d a~sseas~d vpon tl~is Morq-
sge, or tM indsbtedneu secvred hereby ~ach u~d twry, when dw ~nd payabb, aaad' to Ihw, b~fw~ '
ug thsY becane d~linqwnf, ~nd b~fw~ aery? im~~si ~
atrathes a~ny penalty it incurred; AND I.NSOFAR AS ANY 1HEREOF IS OF RKORD TNE SJIAAE SHAII bE PRONIVTLY SATISfIEO AND ~ISCHARGED OF ~'i'
RECORD ANO THE ORIGINAL OFfICIAI L10CUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFfICIAILY ENOpRSEp
OR CERTIfIEO) SHAII dE PIACED IN THE HANDS Of S/lID N~ORTGAGEf WtTHIN iEN DAYS NfXT AfTER PAYMfNT; and ir~ the ewnt thaf ~ny t}»nof is no1
paid, s~Ysfied ~nd discharped sa:d MORTGAGEE may at any time pay rM s~mt or any p~rt thenof witla~t waivinq or aff~dinp any optqn, lien, puity p
~iQht vnder w by vinus of this mo.r9~ u+d ~he full ~moun~ of each u?d tvery such p~ymtnt ~hall bt imnediattly dw u+d payabl~ u~d shaii b~u intKtN
~.an the d~te th~~wf until p~id ~t rate of nine pa c~ntwn pn ~rowa? ~nd top~thtr w~ti~ such inte~~st shall bt s~cw~d by tM li~n af th:s morptap~.
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