HomeMy WebLinkAbout2798 2539'76 ~
THIS INDENTURE. N1~d~ th~ 4th ~y of wy A.~. 19
73 b~Mre~n
Ken~atth W. I.~da and Al~a D. Lyda, bis wite
of St. t+L~i! Couary Flotid~, Mt~in~fta dnipMMd as tM "MORiGAGOR," ~nd FIRST FEDERAI SAVINGS AN~ IOAN
ASSOClATION OF FORT PIFRCE, • cwpor~tion orpanis~d ~nd exiitinp w~d~~ tM laws of tM Unit~d Sa~h of Am~riu and havinp in prlncipal pts~e of
buu~u In tM City of iwt Pi~ru, St, luc{~ Cow+ty. F!orida. her~inaftK d~sipnaud a tM "MORTGAGEE."
WHEREAS th~ MORTGAGOR is j~ntly iodtbt~d b th~ MORTGAGEE in iM ~vm oi i 9•~~ yood and lawtul moewy of ihe Una~d
Srat~s adva~c~d by ths MORTGAGEE unto the MOR~GAGOR, as wide?xed by ~ ceruin promiuory not~ of even date hsrew~~h, af wh~ch tM f~llqwinp i'
wwds and fiyura b a trw copY. lo-wit: , '
s 9, 2ne _ oe ~ ; : . • ~ 10019819
Fort PiKU. Fbrida, MaY d : 19...L.~
Fa valva received, t, w~ w ather oi ~s, p.om~. ro wy, without defakation, to fhs orde? of FIRST FE~ERAL SAVINGS ANU LOAN ASSOStA?ION OF:
FORT PtERCE at fort Pierce, Fbrida, the sum of = 9~ 2~ with inte?e~t from date at tM r~te of ~aQ96 psr ~muax. i~ ~onthly instill- .
menrs aa follows: i 77 p~ the lOth d,y of ~9 73 ~nd a lik~ sum on ths cwrespa+di~ day of ~~ch month tlpl+~-
after until the whole be fully paid.
Each installment first shall be applied in payment of ths interest and then on ths unpsid balanve of the princ7pd sum. If default is made in tM
payme~t of ~ny installment wFien dve, and s~ch defauh continues 30 days, ihen at the optwn of the holder, and without any other ratice, sll the remaining
~nstallments shall be due a~d payabb at once, Privilege is given to prepay this rate in whol~ or in p~H ~t any fime withoui penalty. Neither forebearance,
nw acccpt~ncs by the holdK thsreof ~iter any defsult in any payments hereon, shall be deemed extension. A tste payme~t chargs of i
3-B~all bs
added to each instaitment remaininy vnpaid 7 days after ib due date, and • like sum shsll be added to esch such installmcnt rertNining unpaid 7 dsys ~her
each succeeding payment date.
Each maker, surety and endaser hereof, joiMly aod severslly, waives demand, prese~tmeN protest snd notice of protest fw nonpayme~t, and furfMr
agrees to eny extension of time ot payment, either before or after maturity, withaut notlce to any of us; and to psy all costs of collecfion, includ~rg •
reasonable attorney's fee in the evenl of any default hereunde~, and hereby severally wsives all benefit of homestead snd exemption under the ta?itituiion
and laws of each Sute of the United Ststts, as ag+inst this obligatio~ w any ext~nsion or renewal hersof.
Wimess ths ha~d aed sesl of each party. s~ Kenaeth W• L.yda
~
(s~?U
cs~wu
$ 13 80 s/ Aloa D. Lyda ~
c • ~ sTar~ ae~e~,~. -
(s~npr ~ed-~e~nn ~ng~ear ~ara) .
NOW, 7HEREF6RE, the MORTGAGOR fw the purpose of secvring payment of s~id s~m of Z 9~ 2~ ~ ~nd the performance of tM
covenants ~nd apreemenri Fxreinafter expreued, and for divers good and wtwbk consideratio~s. by thete presents, does g~ant, barpain, sell, remise,
release, convey end conf'um unto the MORTGAGFE, ifs succeuors and ~ssiqns, all tMt cenain bt, piece or paree) of bnd, situ+te, lyiny, and beinp in the
County of St • j.11C ~@ ~nd Stst~ of Fb?id~, destrib~d as followt: ~
The South 114 feet of the North 139 feet oi the West 125 leet of the Bast 300
feet ot the Northeast ot the North~rest ~ o~ tbe Northeast ~ of Section 7,
TaMnship 35 South, Range 40 SASt, being otherMise described as Lots 11 aad 12
of ~n unracorded plat of the NoYtheast ~ ot thQ Northwes't a~ ot the Northeast
o~ Ssction 7, Towaship 35 South, Range 40 Sasl, called Metsger Road Subdivision,
together with rigbt ot ~greas and ingress over and across tb~ following described
street: Begi~ing at the Northeast corner o! the Northeast ~ of the I~Iorthwest ~
of !he Nortbeast ~ of Section 7, ?ownship 35 South, Range 40 Bast, rim West 1Z5
teet !or point of beginninq; lron said~point o! beginaing continue Wea~ SO feet
to a point; theuce turn a~nd run Sonth 139 teet to a point; thence turn a?nd run Bast
50 feet to a poir~t; theace turn aad rua North 139 feet to the point of beginning,t/
~
~ s A~ °F s°
M~°~ ~ ~
b DOCUMEN~ARY.,. ~ fS
N
. . ~ ~ -C• ~ jN~
~1e 'o OEP1.0
R
ENUf , ~ 3. B O 1 1tl pAYME~~~~j'f~
M ~c " - = .:a'( -S'75 ~ • ' ~ " , RE~E~~E~ sy 1tltpt~~~°tf PE~~ 0
f 191~-
~ -~o ~ P.t. ti,,~..•f . . r N `d~ .C ~ER j1.j3~• ~
w o ~ il~oi ~~~t SO l01T[lt?~~~ W~
I . . . . . . . . . . . . • ~ • ~1RS~ ~~t~ ~ ~p:,r,~"'" _
~ .IIfG
s togetMr with •II ~nd si~yular the tenements, hereditsments and ~ppunarKes thereunro belonyiny or in anyw'ae ippertainin~ thereto, ud all renb, issuss.
~ proce~ds and p~ofen xuv;ng and fo acaua from ssid premises, sIl of wFiKh ue irxlud~d in the above ~nd fwpoinp deacription and habendwn.
:
i TO HAYE AND TO HOID the sbove described and gr~nted premises unto the taid MORTGACsEE, its svuessws and auiqns forwa. And th~ saW
€ their
j MORTCaAGOR fw F~eirs, exec~ton, administraton and assigns, htreby oovensnn with tFk said MORTGAGEE, i» sutcesfws and ~stipro,
~ rhat arQ lawfully seized of the ssid premixs in fee iunple; tFut the s+m~ u~ f~N, ck~r uid discharped fram ~!1 liens and encum~
~ brances in liw o? in equity, and that th~Y wi11 and th@ir hein st+ati w~rnnt and defend ths titk to ti+e sarrN 1o tl» said
- MORTGAGEE, its succeswrs and sstiyns, faeve? agai~u! t}» Iswful tlairm a~d demands of dl persau;
PROVIDED, ALWAYS ~i?st if tF~e MORTGAGOR shall pay ui~to the MORTGAGEE the promistay note Mreinbeforo desuibed and ihsll truly, promptly
and fully perfwm, dixharge, execute, compkte, tomply with ~nd abide by tach ~nd avery tha stipufatiwu, apreem~nts, conditions ~nd wverunb of s+id
~ promiswry nof~ ~nd of fhis Mortype, then this Mortya9e and tM Es~ite has~by ue+t~d ahall cea~e and be ~wrll and void.
IT IS UNDERSTOOD that rhs wa~d "Monpapor" whether in ~he singubr w plwal anywMn in this Maty~p~, sh~ll M sinyula if on~ only and
~ shall be pl~nl jointly ~nd wvenlly if mw~ tM~ one. +nd th~t ths word "their" as used anywh~r~ in this Mort9aye shall bs t~ken to rrwsn "his,'• "hers••
or "ib;' wherever tM cont~xt a implits or ~dmits. Alw, tMt whertvtr there F~ a rsft+~nc~ in tl~ toven~nri ud ayre~ments hKtin coMSin~d to ~y of !f ~
? ths par~i~s hereto tM same ~h+ll be caavued fo me~n a~ well as tM hevs, Ipal r~esentdlw~, succ~swrs ~~+d ~stipro (sitF~ volw~tary by ~ct of th~ ~
~ pertNS p involunlary by opention of the I~w) of tM iame and that the covenanb hertin co~tained shall lsir+d ~od the bnwfits ~+nd advanNp~s inun ~
~ ro tM respfctiw Mirs, teyal rspresentatiws, wccessas +nd ass°yns of th~ p~rtas her~to. A'
r Md ~aid AAo?tppora, fa 1FMms~lvea and tt?eir hein, le~al rtpr~sentatiw~, wtttswn and ~stiprq. Mr~by joiMly ~od a~vK~lly tovNwnt and apr~e ~ w
~ ro and with tFw said MORTGAGEE, ita succ~swrs and ~tiipns: 4
~ 1. To pay alt ~nd i{eqvla th~ prineip~l ~nd internt ~nd tM v~rious and su~y sueeu of naeMy p~Yabl~ by virtw af said promiuay rw1~, and thq
mwtppe. ~~ch a~d ewry, prompNy on ihe d~ya rnpectiv~ly IM sam~ wv~r~lly becpr» dw: ~
~ 2. To piy ~1) and ~inqvlu th~ ta:~s, aiHSUnenb, Iwip. IiaWlirKS. oblipniaa N+d ~ncuenbranus of wery nanrn ~nd kind now on said dnuib~d
~ Propnty, a tMt Fw~aftN en~y bt impw~d, wffNd. pl~ud. I~vi~d. a~susNd fh~r~on, a that h~r~af~K m~y b~ Itvi~d a awskd upon fhb Morp-
e •y~, a tM k~d~bt~u ~ec~rad fw~~by, each ~nd ~vay, wi»n dw ~nd pay~ble, aaord'w+y ro Irw, b~fon they b~car~ delinqwnt, and b~for~ ~ny Mn~rest ~
~ •ti~chs~ p any ps~slry i~ inturr~d; AND INSOFAR AS ANY TMEREOF IS OF RKORO THE SAME SHAII dE PROMPTIY SATISFIEO ANp OISCHARGEO Of }
RE~ORO AND THE ORIGINAL OFfICIAI DOCUMENt (StICH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFfICIAIIY ENOORSED
~ OR CERTIFIEO) SHAII 6E iIACE~ IN TME HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tM ~wnt that My tMr~of is na
pa~d. ~~t"~(i~d •nd diuh~r9~d ~~'d MORTGAGEE n+ay a~ ~ny t~me p~y the ~u~v w any pan tFwwf wiilaut w+ivirg w~ft~ctinp ~ny option. li~n, aq~ify p
•iQh~ undr a by vinw o( ~hie morryaye ~nd rM lul! amounr oi e~ch ~nd ~ve?y wch p+yrnMt ~h~ll bt inrn~diat~iy dw and payabl~ +nd shall b~a intNqt
4arn th~ datt tF~~of umil pa~d n.~re of nen~ p~r c~ntum p~r annvm ~nd ~op~~F~er w~fb wcb int~reN ~hall b~ ~ecw~d by tM liea o1 th:s nwryNp~..
- ,
- -~v~- . -