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HomeMy WebLinkAbout2109 . 4' " ~G~.sg THIS 1 GE TUR ~ 1 1 t h day f A Y 1 1 A.p. 19? 3~ b~tw~+n Kennet~i E1~an o , Y. anc~ ic i . an ~ , is' wife; Carl L. Crnft and [~nn S CY~ft ~ his wife, Harrv M Fer~us~n nd Ruth G FQrgusnn, h; ~ W; fo of St - Lucie ~ County ftaid~, Mni~aftK dtsign+ied +s tM "MORTGAGOR;' uid fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORi PIERCE, a cwpaation ap~nis~d ~nd exi~tinp unda iM laws of tFw Unit~d Sla~q of M»riu +nd havirp ib ptincip~~ piac~ of busin~s~ M t!w Ctty of FoA Pi~ra. St. luci~ County. flaida, her~inafiK dtsiynat~d u tl» "NIORiGAGEE." WHEREAS 1M MORTGAGOR is j~atly ind~bt~d ro th~ MORTGAGEE in tM iwn of = 42~ 7~ • yootl a~d I~wful monty of the UNted Stdes ~dvanced by ths MORTGAGEE u~to ths MORiGAGOR, ~s evidenced by • c~~1n promisswy ~oq of sven dae herewith, of wh~ch th~ (ollowirg in words and fipurN is ~ 1rw topy, to-w~t: 1019711 _ i ~ 42 , 700 . 00 r+o ~«r P~.~., f~«~d., Apr i 1 11 19 73 ~ Fw value received, 1, we w either of us, promise to pay, without defalcation, to the wde~ of FIRST FEDERAL SAVINGS AND IOAN ASSOC~ATION OF FORT PIERtE at Fort Picrce, Florida, the sum of = 42 s700 . w;th in~eres~ (rom date at the r~te of .~~.2!ra per +nnwn. in mo++~hly tnital{- ~+ents aa fo1lows: S 371 o~ ~he l~t day of ~~uSt , 1q..Z~_ ~nJ ~ like sum on tFw care~pond~ d+Y of each month tMrr after until the whole be fully paid. Eatk inatallment first shall be app~ied in paymenl of the interest and then on ths unpaid bal~nce of the princ~p~l sum. If def~vlf is msds in tF» ~ payment of any ins~a~lment when due, and such default conttnues 30 days, then at the optio~ of the holde~, and without any othcr notice, all the remair?irq ~narallments shall be due and payable at once. Privilege is given to prepay this note in whole w in p+rt ~t any time without penslry. Neither forebearanc~, ~ nor accepta~ce by the holder thcreof after any defauh in any payment~ hereon, ihall be deemed extension. A lats pay~nent ch~rye of i 18 . SS y~+ll be ~ added to each insrallment remaining unpaid 7 days after iri due date, and • like sum shall be added to each uxh instsflmer?t remainirg unpaid 7 days +ffer j eath sucteedirg paYment date. Each make~, surety and endwur hereof, joimly and severally, waives demand, p?esentment protest ~nd noticc of prwest fw nonp~ymen~, and f Mr = agrees to sny extension of time of payment, eithcr before or after maturity, withovt notice to any of us; ~nd to pay all oosts of colleclion, incl a reasonabk attorney i fee in the event of ~ny defauH hereu~der, ~nd F?ereby :everally waives all benefit of homestesd and exempt' uoder and laws of each State of the United States, as against this obligation or ~ny extension or renewel hereof. Witneu the F~and a~d ual of each party. /s/ Harr M. Rer us~n /s/ Kenneth I. n ott r . / Vi /s% Ruth G. Fer us~n 2~~ ~~_/s Carl L Cr ~ ~y /s/ Ann S. Cr~ft ~ ~ 6 4. 05 ~ state Revenw NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment of s~id sum of = 42 + 70~• ~ ~nd the perforrn~nce of fF~ coven~nts arwJ ayreements hereinafter expressed. and fa divcn good and v~iwble consideratans, by thsse presenri, does 9raM, ba~yain, sell, remi~e, release, convey and confirm unto the MORTGAGEE, its successors_+~d auiQns, all that certain lot, piece or pucel of land, situ+te, lyinp, ~nd bsinp in tM ~~~M of St . Luc ie and State of Plorida, dcwibed +s fdlow~: ! a Fr~m the Nnrthwest c~rner of the SW9 ~f the SW4 of Secti~n 24, ToMn ship 35 Sc~uth , Ra.nge 39 r.'ast , run Snuth al~ng the West 1 ine ~f said Sect i~n 24, a distance ~f 38.00 feet ; thence run South 89~23' 30" East ; a dis- tance ~f 692.10 feet t~ the pc~int ~f beginning ~f the f~ll~wing described land: From said pc~int ~f beginning, run S~uth 89~23'30" East a distance ~f - 150.48 feet; thence run S~uth 00~00'30" West a distance ~f 439.79 feet t~ the North right-of-way ~f State R~ad 70; thence run South 70~08'30" West al~ng the N~rth right-of-way ~f State ttc~ad '70 a distance ~f 160.00 ; feet; thence run Nc~rth 00°00'30" East a distance ~f 4~5.74 feet to the ~ p~,int ~f beginning; all in St . Lucie C~unty, Fl~rida., ~ This is a sec~nd m~Xtgage being infezi~r ~nly tc~ a pri~z f~E~t m~ztgage ` recc+rded in R. Book 203 , Pages 1537-1538, ~f t he Publ ic l~ec~zds of ~ St. Lucie C~unty, Rlorida, ' ~ F~~ ~Ri?~~tn~i~ 1 ae~n~v S~ Ga~ wm~orr oF vuc~ ~ ~ o'- O° OOCUMENIARY ` ~ DEPI.~ER IIENl1E ! ~ Dl~ ON CU~S,4 "C HfTAN61oLE PERSONAL PIiOpERtY. ~ - = ::~r-~» ~ ; 81. 0 5 i T0 ~ ~ s ~ ~y,,. f,~ ~ -~1 " ~ ~ CLERK CIRCUIT OOUitT. ST. WCIE 00~ FIA. o = 111ot !ogether with ~II snd iingvlsr the tenemenn, hereditsments and ~ppurtances thereunto belagi~g or fn artywiss ~ppertsinkg thereb. +nd all r~MS, iuues, proceeds and profits acauirg and to xoue from said premiaes, all of whi~ are ind~ded in the sbov~ and forepoinp description and h+bendwn. TO HAVE AND TO HOLD the above desuibed snd gnnred premi~es uoro tFw sad MORTGAGEE, in woces~ws +ed asipns fwewr. Md th~ wid 11~tORtGA~jp fw -~e 1 Y_-__ h~irs. ~x~cuton, sdniu~istr~tors r.+d auigns, hereby cov~nanM with ths said MORTCsAGEE, ifs s~xcessors and ~Miprr, that - t""'y a'Ye _ lawfully se~ud of the said prcmises in fee simple; tMt the s+me us fnt, tlsar and disclrrpsd fran dl Ikns and ~ } brsrxes in law or i~ equity, and thst~ will snd hPt n c~in shall w~rram and defsnd the titl~ b the wnw to t!~ uid ; c MORTGAGEE, in ivccessors ~nd sugrts, faever p~irot the lawful diwns ~nd demands of all p~rsar; ` i ~ PROVIDED, AlWAYS thst if the MORTGAGOR sh~ll p~y unto the MORTGAGEE the promissory note hasinbsfor~ daa~ed and sh~~~ trulY• V~~~ and fully pcrform, discharge, execute, compkte, comply with and abide by each ud every the stipulataru, aprsemems, conditions and oovaweNS d ssid ~ promissory rate ~nd of tbis Ahwtgsge, then this Mwtgage and the Eat+te hereby created shall cea~e and b~ rwll u+d wid- ~ IT IS UNDERSTOOD th~t the wotd "Mwt9sgor' whether in the sirpular or plwal ~nywiur~ in this Mortyapt, shall be sirgul~r if one on1Y and ~ shall be plwal jointly and sever~lly if mwe thsn one, and thst the wwd "their" as ~sed anywhen in thfs Mo?ty+p~ s~+~ll b~ taksn to msan "1~ia." "1ws." ~ or "in," whereva the conte:t w implies or admits. Also, that wherever thcre is s referer~ce in th~ wren+ms and ap?~emenes hsre+n eo~taiMd w+np of the parties hereto, the ssme ahsll be corotrued to me~n as well as the hein. Ipal rpresemNives, wocesson and auipra (titMr rd~nt+rY bY ~t of tM s ~ partief w t~wlunary by operstion of the law) of the same and th+t tF~e covcnann herein comained shall bir~d and the brrfits ~nd advampea irwr~ ~ ro the respective heus, leg+l representat'nes, successon and ui~yns of tht put~es hereto. ; And said H~wtg+~ws, fw themselvd snd their hein. kpal represenutives, suc~ce~wn and auipro, hereby joiMly and rs+rer~llr corenwM and pr~s ; ro and with tF~e ~aid MORTGAGEE, its suuesson and asfiyns: ~ 1. To p+y all and singvlar tM principal and intaest and the vuiovs and wndry swns of moewy paYabb by virtue of wid pran~sswr rwft, +~d lhir i mortgage. ~ach ~nd every. PromPtly on th~ days respectively t1w saene ~ev~ully becan~ dw. € ~ 2. To pay all and slrgulN th~ ~axes, auessrnann. Isvies, liab~lir~es, oblipataro and ~ncw~+branca of svery n+twt ~nd kind now a~ s++d dNVi»d ~ prop~rty, or th~s hereaher may b~ impoud, suffersd. P~+ud• levied, a aueawd ther~on, a tFut haeaft~? map b~ Irvi~d w uss~ ~ipa~ 1i~ia Ma~P +ge, a th~ indebtedness secured he.eby, each and way, when dw and p~y~ble, auadir~p b law, befae Mry bscane d~linqueeM, anA b~fwe ~n~r bra~M ; aneches a any penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAJIAE SHAII dE PROAAP~LY SATISf1E0 AN~ DISCNARGEO Of RECORD AND THE ORIGINAL OffIC1Al pOCUMENT (StKH AS, FOR INSTANCE, THE TAX RKENT OR TNE SATISfACT10N PAYE` OFfKI/~LLY ENOORSf~ OR CERTIFIE~) SHAIL bE PUCED IN THE HANDS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTEQ PAYMENT; and in th~ srsM tM/ aeryr tlw~of is ~ pa~d. ~a~'ified and dnch~rqed sa:d MORTGAGEE m~y ~t ~ny twne pa~ tFK sarne a~ny p++t Hiereof w~hovr w~ivinp w~fiectinq anr oprion. I:rn, pui~y a .~pht under or by virtue oi this mortqpe and the full ~movn~ oi e~ch .~,e wd~ wr~.~e*~r sa.ii be ~+edw+~y ew .~,d o.~.bi. «+d sh.a b... :r...a ~.om the date thsr~of un~il pa~d ~t ratc of n~nt per centum per ~nrWm Md f09NhM with/~ ~M~MII be~~ j~r rht li~n of th:s nwrpfpt. / ~ g(;<< ~ M/~; ~ ~ - f l ,.~ir'°4'~%+ ry' a~ • ~