HomeMy WebLinkAbout0724 2~~~ b
THIS INDENTURE. Mad~ Ihe 14th day o{ May ,~p, ~~73y w~~
_ bfaria L. Swift, a single adult ~
o; St . Lucie County Flaid~, hKein~ft~r d~signsted ~s the "MORTGAGOR;' and FIRST iEOERRt1 SAVINGS AN~ IOAN ~
ASSOCIATION Of fORT PIERCE. ~ corpaation or~anissd ~nd ~xistinp u~der tM laws of tM United St~t~s of Am~rica and harMO IN prlnclpal ~a. d
busimas in tM tily of Fort Pi~ru, St. Luc1~ County, Flo?Ida, Mr~lnafter dagnat~d ~s tM "MORTGAGEE."
WHEREAS li» MORTGAGOR is justly ind~bted to th~ MORTGAGEE in the sum of = 7~ SOO~00 yo~ ~ ,~p+py of tlr ~1,~
States advancad by ths MORTGAGEE un~o th~ MORTGNGOR, as evidH+ced by a cerain prom~uwy note of even date herewith, of wNch t1~t fW~owln0 in
wads and figurq is • irw topY. tOwit: ~ . ~ ' . ~ .
; 7 ~ .50U. UO • Np 110U0072
Fo~t Pi~rc•. Flor;d,, Mav 14 , 19 73
For v~lue reteived, 1, we w eithe? of us, promise to psy, without defaltation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fat Pierce, fbrida, 1he sum of ~ 7 ~ 50~ • w;th intereit from date at the rate of 8 % per s~num, in monthly insbll-
menq ~s follows: =72 • O0 on tl~s l~t'eay of Ju2y . 19~ and a I~ke swn on the correspondinp day of each month the~r
afte~ until the whote be tuity p~id,
Each instalkneot first shall bs appfied in p~yment of the intcrest and tFuo on the unpaid bal~nce of the princtpsl sum. If defauh is made in ihs
payrrKM of ~ny instatlment wher+ dw, and such default continues 30 days, then at the optan of the holder, and without any other notice, aU the ~emaininy
installments shail be due and psyabk at once. Privilege is given to p~apsy thi~ rwte in whole w in part at anjr time without penalty. NeitFxr forebearu~ce,
nor ~cceptanc~ by fhe Fakler thereof after any default in any p~ymeMS hereon, sMll be deemed extension. A late payrn~nt charge of i 3• 6O , shsil bs
added to each irotallment remaining unpaid 7 days after in dve date, and • like sum shall be added ro each such inslallment remaining uop~id 7 days ~iter
each sutceediog p~ymetit date.
Each maker, su?efy and endorser hereof, jointly and severally, wsivp demand, prexntment protest and notice of p?otest fw nonpayment, and further
agrees to any extension of tima of payment, either befora w after maturity, without notice to any of us; and to pay all costs of collectioo, inctudi~g a
reasonabla attor~ey's fee in the everit of any defauit hereunder, and hereby severally waives sll benefit of homestead and sxemption u~der the wn~tihrtion
and laws of each State of the United States, as against this obligation w any extens'ron w renewal hereof,
Wit~ess the hand and seal of sach party.
S,! Maria L. S~vift. , ~ay
A sinqle adult -~U
~?u
~ $11. 25 ~ sfaro Reve~ue
(Stamps cancelkd on oriyinal note)
NOW, THEREFORE. the MORTGAGOR for ths purpose of :ecuring payment of ssid wm of : 7~ S~ . and the perfo?msnce of tl+~
covenants and syreemenn hereinafter expressed, and fw diven good and vsluable considerations, by these p?eunri, does gr~nt, bary~in, sell, remise,
releaaa, convey ~nd confi?m unto the MORTGAGEE, iri successors and assigns, all that certain bL p'KCe ot pucel of land, situate, lying, and beirg i~ ths
Counry of St . I'uCle and State of Fbrids, desvibed ~s folbws: -
All of Lot 22, Block l, of KTRBY SL7BDIVISION as in Plat Book 3, at page 86 of
the St. Lucie County, Florida public records, EXCEPTING THEREFROM the
following: Begin at the westerly corner of said lot and run northeastexly
on the northwesterly boundary of said lot 10 feet; thence southeasterly
parallel with the southwesterly boundary of said lot 30 feet; thence
southerly 22 feet more or Iess to a point on the southwesterly boundary
of said lot SO feet from Point of Beginning; thence northwesterly on
said southwesterly boundary 50 feet to the Point of Beginning.
s~ N S AT oF I...t3R IDA ~
DQCWAENTARII~ T P I A X~ RE~~p IN PAYMENT OF T1U~
c~ ` OEPt.~i RE11EqdE l ~ WE ON CU1SS 'C tNTMIGIBLE PE?50::3L P~OPERIK.
'4 ~ N' P~ w?r ~ a~» ~ I I. Z~~ PURSUANT TQ Ct1M~1EER ro~ TS Of 197
j ~ ~ ~~~OZ ' ~ ~ ~y~
i : O . ~ ~~T wr^'~ $T~ ~
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f rogether wetF~ all and singulsr the tenemenrs, heredir~ments ~r+d ippurtances thereunto belongug or in mywise ~ppert~ininp tlxreto, and all rentt, issues,
~ pr«ee~ and profin xuuing ~nd to acvue from said premises, all of which are irxtuded i~ the above snd foregoing description ~nd habendum.
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i TO HAVE ANO TO HOID the above desvibed and grsnted premises unto the said MORTGAGEE, its suooessw: and auigro forewr. Md th~ s~id
~
MORTC~QR (ors er hein, executon, administrators and auigns, hereby covensnn with the said MORTGAGEE, its suaesson and assipro,
~ aiir i
that lawfully seized of the said prsmises in fee simple; thst the ssme are f~es, ckar ~rd d'wcharged from dl liens u~d ~ncum~
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~ brances in faw or in equiry, and that S~'1@ W~~~ her ~~n shall warraot e.:d defend the title to the ssme to th~ said
MORTGAGEE, in successon and auigns, forever sgainst the lawful claims and demar+ds of sll peraoM;
` PROVIDED, ALWAYS ihat if the MORTGAGOR shall p~y unto tF+e MORTGAGEE the promissory note hereinbefwe described and ~all truly, promptly
~ and folly perforrty discharge, execuTe, compkte, comply with and abide by eacb and every the ttipulatwns, agreements, conditions and toven~~h of ssid
promiswry note and of this Matgage, the~ this Mortgage and the Estate hereby veated shsll oease ~nd be nvll and void.
~ IT IS UNOERSTOOD thst the wwd "Mortgsgor" whether in the s~ngular or plural snywhere i~ this Mortgsge, shall be singulu if one only and
i shall 6e plural jointly ~nd severalty if more tMn o~e, and thar the word "their" as used anywhere in this Mortgsge shall be tsken to mean "his," "Mn,"
~ or "its;' wherever the conteat w implies w admits. Alw, that wherever there is ~ reference in the covensnri and agreemenb herein oontained to any of
the p~rties hereto, the same shsll be constr~ed to mean as well aa the heirs, legat representstives, successon and sssigra (eithd voluntary by x! of tF~s
i parties or involuntary by opcration of the bw) of the same and that the cove~ants herein cont~ined si»II bind ~nd the benefin and ~dvantpes inw~
~ ro the respective heirs, kgal represantatives, successas and au~gns of the pariics hereto.
€ Md ssid Mwtgsgors, fw ~hcroselves and their hein, legsl representatives, successors and ~uiyns, hereby jointly and severally oovenant and a~ree
~ te =^d with the ssid AAORTGAGEf, its successors and suigns:
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~ 1. To psy dl and sir~g~lu fha priatipal and intc?est and the var'wus and wndry wms of rtw~ey pay~ble by virtue of ssid p~omissory note, and this
mortyspe, each ~nd every, promptly on the days respectively the same severally become due.
a 2. To psy +fl and sirgula? the taxes, asaesune~rs. {evies, lisbiliries, obligsr'wro and encvmbnnces of every Mwre and kind now on sad desoibed
r PropKty, a tlNt he`eafter may be imposed, svffered, placed, levied, w ~ssessed thereon, a tAat here~fter may bs levied or auessed upo~ this Allort~-
s ags, a ths indebtedneu secured hercby, e~ch ~nd every, whe~ due anA psyable. ~ccwdinQ to law, befae they become delinqueM, a~i befw~ arry inter~st ~
attaches u sny penahy is inturred; AND INSOfAR AS ANY THEREOF t5 Of RKORD TFiE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGED OF
~ RECORD AND THE ORIGINAI OFFICIAI OOCUMFNT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE 3ATISFACTION VAPER OFFICI/1lLY ENDORSED '
~ OR CERTIFIE~) SHAII 8E PLACEO IN THE HANDS OF SAIp NIORTGACaEE WITHIN TEN DAYS NEXT /IFTER PAYMENT; a~nd in the event that ~ny tl~eof is rat ~
paid, iat'sfied ~nd d7scharyed sa:d MORTGAGFE may +t any time pay the same o~ any psrt thereof without waivirg a affectiny any option, lien, eqvity o?
~ •~qht under w by virtve of this mortgage and the full amoum of each and every such payment shalt be immediately due and payabk a~d shall bear i~terest "
~ irom the dste thereof ~ntil p~id at rate of nir.s per tentum per a~num and to~efher with wch intereit ihall y lirn of th:t morgtsyt.
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