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HomeMy WebLinkAbout2800 2539'7'7 ~ . , TNIS INpENTURE, IIA~d~ th~ llth day o( aoril ,/~,p, ~q 73 _~tMr~a~ - . ~ y~ond . Bishop and onnie B. sbop, his 3fe oi Counfy Flwid~. MffiMffN dNi~Mitfl ~s tM '~MORTGAGOR,' u?d FIRST FE~ERAI SAVINGS AND IOAN ASSpC1AT10N Of fORT PIERCE, • oorpaation orpaniud ~nd ~xii~inp undsr tM I~ws of th~ Unit~d Sta« of Am~~ica and h~vi~?~ in princlpal pl~ct of buiiew~a in th~ Ciry of foet PiKa. St. luci~ County. Flwid~. I~~in~fta d~sipnat~d ~s tM "MORTGAOEE." WHERE/15 th~ MORTGACiOR b ~ustiy ind~bt~d to tht MORTGAGEE in Ihs :um'of =2 ~ . pood and lawful money of the United S~at~s ~dv~oced by the MORTGAGEE unto th~ MORTGAGOR. ~s ~videnced by • cer~ain promiuory note of even date her~with, of wAich ths foAowinp in words and fip~rN is • trw copY. to-wit: ~2,000.00 ' ry, 10019714 ~on v~e.ce. F~o?rd+. APril 11~ ~9?.~_ For valve received, 1, we w either of us, promiss to pay, withouf defalcation, to ~he order of FIRST FEDERAL SAVINGS AND IO:~N ASSOCIATION OF_ ~ FORi PIERCE at Forf Pierca, Florida, ihs sum of = 2~~~ with interest trom date af the rate of 7• 5 9G per annvny in monthly install- manrs u followu fls•~ on the 1Ot~y of August ~ 19 73 and ~ like sum oo the correspond~ng dsy af each mooth the?~- after umil the whole be f~lly paid. Each installment first shall be applied in payme~t of the interest and the~ on ths unpaid balance of the principsl wm. If default is made in the payment of any installmenl when due, and such defa~h contioues 30 dayt, then at the option oi the ho{der, snd witlwW ~ny othe~ notice, all the rer.iaining instal~ments shall be due and payable at once. Privilage is given to {xepaY this ~ote in whole w in part at any time witlw~t penalty. Meither forebea~ance, nor acceptance by the holder thcreof afte~ ~ny default in any payments hereon, shall be deemed extensan. A late payment chsrge of S•75 . shall be added fo tach installment remaininy unpaid 7 days ~frer_in due date, and a like sum shall be added to exh such installment remaining unpaid 7 days after each sutceedirg payment date. Esch maker, surety snd endorser h~veof, joimly and severally, waives demand, p?esentmeM protest and notice of profest for nonpayment, ar~d further agrees to ~oy extensan of time of payment, either befo?e a atter maturiry, without notice to any of us; and to pay all costs of colleciwo, includinp a reasonabk attor~ey i fee in the event of any defauit he~e~nder, and hereby severally waives all benefit of homestead and exemptio~ under the constitution and laws of each State of the United States, as agsinst this obfigation of any eztansion or renews! Fxrcof. Witneu the hsnd and sesl of each party. (S~AU s/Raynond BishoA ts~?U ~ cs~+u $3•~ s/Connie B.~B~sho~ ~ c ~ s~.~e ae~~ cswwp. ..1..~a.) . NOW, THEREFORE, ths MORTGAGOR for the purpose of secvring payment of said sum of Z 2¦~~ . and the performsece of tM covensMS and agreements hereinafte? expressed, and fw divers good +nd vstusbte considerations, by these prese~ts, doea grant, barpain, sell, rem'~se, release, tonvey and tonfirm unto the MORTGAGEE, in successws and auigns, all that certsin lot, pieoe or partel of land, situate, lying, and being in ths Counry of I~ie and Stste of F{orids, dewibed ~s follows: - Froa the M1est ~ corner of Section 29, Tor~nship 35 South, Range 4p Bast, St. Lucie County, Rlorida, run NoYth 88~ 39` 46" Bast 508.28 feet; thence run North 1° 64' 16" Bast 127.40 feet; thence run South 88° 39' 44" E,~gt 20 feet; thence run North 27°' ii' 46" Bast 153.45 feet; thence run Nozth 9° 56' 29", West-169.28 feet to the point of beginning; thence run South 78° O1' 46" West 115.64 feet; thence run North 26° 54• 44" West 146.17 feet to a point; thence run I~brth 44° 36~ 14" West 206.55 feet to the North line of the SW'~ of the SW~ of the NW'~ of Section 29, Tawnship 35 South, Range 4p East; thence run North 89° 15• Bast along said North line 236.80 feet to ~a~~° int whfch is 203.~9 feet West of the NE corner of said SW ~ of the SW~ of the rw'; of Section 29, Township 35 South, Range 40 Bast; thence run South 26° 17' Bast 235.65 feet to a point; thence run South il~ 36t Bast 138.LS feet to the point of beginning. TOGSTf~R ri~th an Base~ent for ingress and egress over and across the South 20 feet of the NW ~ of the SUi 'd of the NW of Section 29, To~waship 35 South, Range 40 Ba,st. ~ This is a second aortgage, being iAferior onlq to a prior firat a~rtgage froa ; sortgagors to aortgagee dated January 18, 19~3 and recorded in O. R. Book 210, pa?ge ~ 836. Pub13.C ReCpZds Of St • l.ucie County, FlOrfda. RECEh'ED; ~~`.'MENT OF TJIXES ~ DIIE ON CLASS 'C' INTMtGIBIE ' ' ~l1L PROPER(Y, ~ PURSWNT TO C1iAP?ER 71-134.. x;.~S OF 197L~ ~ R06ER rOITRAS CIERK CIRWIT COURT, ST. LUCIE CO., f ~ together with all and sirgvlu the tenements, f?creditamenh and appurt+nces thereunto bela~Qirg or in anywise ~ppertsininp fhereto, aed all renb, issws. proceed~ and profin scuuirg snd to accrue from said premises, all of wFi~ch are included in the above and fore~oinp desuiption and hsbendum. ~ TO FIAVE AND TO HOI~ the ~bo+re desc?ibed and granted premites unto the said MORTGAGEE, its successws and assiyns forever. Md th~ Mid E th~ir ~ MORTGAGOR fw hein, executon, administntors and asaigr?s,- hereby covenanri with the said MORTGAGEE, iri svtteaso~s and assipro, ~ that they ~@ ~„~ully seized of the said premises in fee iunple; tMt tF~s same an free, ctear and discharged from all liera and aKUm- i brances in law or in equity, and tfNt they w~~~ their (~ein sh+ll warr~~t and defend ths titls 1o tFw sarrK to ths s~id MORTGAGEE, its successors u~d auipro, faever agaimt the lawful claims and demsnds of all pe~sont; PROVIDED, A1WAY5 that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promisfory not~ hereinbefore described +nd shall tr~ly, promptly E and fully perform, discharge, execute, compkte, comply with and abide by each and every the atipulstiw?s, a~reemcnts, conditiau and tovenanb of said promiswry rote and of this Mwtgage, fhen thi~ Mortyape and the 6t~te hereby ueated ~11 ceas~ and be n~ll and void. ~ IT IS UNOERSTOOb thst the word "Mortpspa" wl+ethe? ie+ the singular o~ plvral ~nywhere in tF~is Mwtgase, sFull be sinpular if on~ only ~nd ~ ` shall b~ plwal ~ointly uid severally if more than o~e. ~nd tFwt the word "their" as used ~nywhere in thK Mwt9ape sh~ll be taken to mean "his;' "h~n," ~ f w"in;' wfnrsver tM conteat w impties w ~d~mits. Also, that whererer fhe~e is a reference in the coven~nts ~nd praert~enn herei~ oont+ir~d to any of ~ +he parties herefo, the same shall be coostrved to me+n ~s well ss the hein, leyal r~presentatives, wccessors and assig~+s (either voluntary by ~et of th~ ~ . parti~s w imrol~rntiry by oper~tion of the law) of tlw same snd th~t the covenants herein contained shaN bind and rh. b.nsfin ,nd advanr.yes irw,r. € ro th~ ~espectiv~ Min. I~yal represer~t~tivss, successors ard au~yiu of the panies h~reto. ~ ~ Md faid Matyapws, fa themsetvd ~nd their hein, le9al rtpresenatives, svcceuws and suiyra. hereby joint{y snd severally tovtn~M and pr~e ~ ~ ro ~nd with the said MORTGAGEE, its suctessws and auiyns: 1. To pay all ~nd sinpula~ tM pincipal and interest ud the variovs and w~dry sums of monsy paYaW~ by virtue of said pomiiwry not~, u~d tha ~ Q mort9p~• ~ach ud w~+y, panptly on tl» days resp~ctively tFr ism~ sw~rally becam d~e. ~ ~ 4. To pay dl uid sinyul~r th~ tax~s. ~ssessrn~nts, (evies. lisbilities, obligations and ~nc~enbrae~c~s ot ~very nat~r~ ~nd kind now on said dacrib~d ~ w~~Y, a that here~Ne~ may be impowd, suff~r~d. P~aud. Iwied, o~ ausssed tf+sr~on, a tM~ M~eaf~a eruy b~ I~vid a au~wd upon this Mortp- a- ~ +p~, w fh~ indebr~dnns srcvr~d herebr. ~acF~ ~nd ~wry, wh~n dw u~d payable, auwdinp W law, befa~ tMy bscon+t delinqwnt, a+d b~fwt ~ny imaut v ntache~ w~n 1 n incwred; ANO INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SHAII SE PROMPTLY SATISFIED ANO DtSCHARGEO OF Y P~^+ ~Y ~ RECORD ANp THE ORIGINAI OffIC1AL OOCUAAENT (3lJCH AS, fOR INSiANCE. THE TAX RECEIVi OR THE SATISfACT10M PMER OffIG1AlLY ENOORSEO OR CERTIf1E~) SNAII dE PLACED IN THE HANOS OF SAIO MORiGAGEE WITHIN TEN OAYS NfX1 AF~ER PAYMENTj ~nd in tFw~ went tMt a~y tMnof k nw p~~d. ~ar'~fied u+d discha.qed sa'd MORTGAGfE ~nay a~ ~ny time p~y ~he ~ame a~ny part the~eo( without w~ivi~ Or •ffKfirg My OpfiOA. !len. ~qwh a •ph~ unde~ w by virrw ol tFu~ ~rw.~pap~ and the full ~rrwunr of e~ch and ~v~ry such p~ymem shall b~ imm~di~tsly dw ~nd pay~bl~ ~nd shall bear iMNe~r <<an ~M dne thNeo/ until pa~d r~re of n~n~ per esnrum p~r ~nnwn ~~d rop~?he. w~th such int~.e~~ ahall be ~ecw~d by the lien of th"f rnaptp~. < , , M1: ~ ~ _ Y:} ~ . . . W' ~