HomeMy WebLinkAbout1206 255U3•~ t~
THIS INOENiURE. FMJ~ th~ 18th day pf Mi.Y . A.D. 19~„ MtwtM •
Pete 8acon and Mary 8. Bacon. his wile ~
of $t _ Lt~ iQ . Cov~ty Fb.Wa, h~r~in~hK desipMt~d as tM "MORTGAGOR;' ~nd FIRST fEOfRAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERtE. • oapaatan wpanis~d ~nd ~xistir+p undN tM (aw~ of th~ UniNd Sbtp oi Am~rka ~nd h~vinp in priecipal pt~cs of
bu~s tn th~ Ciry of Fort PiKa. S~. luci~ Cow+ry. Fforida, hKSinahK d~sipoat~d a~ th~ "MORTGAGEE."
WHEREAS tM MORTGAGOR is jwtly ind~6t~d ~o th~ MORTGAGEE 1n 1h~ ~~m of ; 11 t~~' ~ pood and Iswful money of tM Uoi~ed
Stat~s ~dvancad by tM MORTGAGEE unto tM MORTGAGOR, ~s ~videnced by ~ anaie promistory nots of even da~e he~ewith, of wFi~ch tM followinp (n
i ads ~nd fipurt~ b a trw coPY, to-wiL• ~0
1q ~8~2
11,000.00
,
Fort Phru. Florida. ~y 18 1~'3
Fp valus reteived, I, we w ei1Fw~ of us, promisa to y, withwit defalutiw~, 1o the wdn of FIRST FEOERAI SAVINGS ANO IOAN ASSOCI.~TION Of
FORT PIERCE at Fwt Pieres, Florida, ihe sum of = ~i ~~0 with interest from dste +t ths rate of 7• 7~ par anrwm, in monthly inst~ll-
ments a foltows: ~ 91 on ths IQ~1_ d+y of _~,p~~~fl, 19 s~d a like sum on tM cwrespa+d~np day of exh month ~hsn•
after uMil the whok k» fully paid.
Each i~aiallment firot shall be applied in payment of the interost snd then on the unpaid b+lancs of the principal sum. If detwlt ~s r+sds In Ihe
payment of ~ny i~staltment when dus, u~d wch defauh continues 30 days, then st the option of the holder, and without ~ny other noHce, all the rematoing
installmen~s sh~ll be due and payabb at once. Privilege ia ~iven to prepay this nole in whole or in part at any time without pen~lty. Ntither forebearsnsa,
nor aaeptanu by the holder thereof sfter a~y default in any payments hereon, shaN be dea+ned extension. A late psyment cMrge of ~.~.si~_. shall b~
added to each insullment remaining unpaid 7 days after ib due date, and a like wm ihall be added to each such installment remaining w?psid 7 dsys ~her
each succsedirg payment date.
Each mskar, wrety and endorser hereof, jointty and severally, waivet demsnd, presentment protest and notica of proteat fw nonpayment, and further
ag?e~s fo ar~y extens;on of time of payment, either before or aher maturity, without notKe to sny of us; and to pay all costs of collectioo, includlnp a
reasonable attoraey i fee in the event of sny default hereunder, and hereby severally waives all btrnefit of homestead a~d exempfion under ths constitufion
and laws of each State of the United States, a~ against this obligalion w sny extens'wn w renewal hereof.
Witness the hand and seal of each party.
s/. Pete Bacon ~
~ cs~?u
(SEwU
r $ 16. ~ ~ Marv B_ Bac~ ~
) Stete Reve~ve
(Sfar~pr anc~Nad en eerpk,sl-ne?e)
NOW, THEREFORE, the MORTGAGOR for tM pur~wie of secv~ing payment of ssid wm of ~~1~~~•~ and tl+~ perforrn~na of tM
covenan» and spreemenn Ix~einafter expreued, and fw divers good and wlwble conside~ations, by these presents, doea grant, baryair?, sell, remise,
release, convey ~nd confirm vnto the MORTGAGEE, in succeswrs and ~ssign:, all that cerqin IoL piea~ or pucel of I~nd, situat~, lyirg, ~nd beirg in ths
Counry of St _ LuC iP_ . and Stats of Fbtida, desaibed ~s foltows:
Lot 16, Block D, HARI~DTiY HBIGHTS ADDITION 1~. 3, as per plat thereof _
on file in Plat Book 9, Page 46, of the Pub2ic Records of St. Lucie
Cou»ty, Florida -
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j
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of ~ ~0 ~ :
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.C A E,~ „
C~, tyM ~y~v~' - , ,
~
oEPZ.o~ tx~r
~ a~' ~ RECFrym ~•,^~o~ - IN PAYMFM OF TAX6 '
w ~ ~
~ ~ ~ ~~o: ouE oN a~ss ~C ~Hr~cistF ~~sorau Pao~n.
! ~ PURSUANi TO GiAP7E4 71•134. ACTS OF 1971.
~ A ROGER ?~ITRAS /j~~y
E . p.ER!( CIRd11T COURT, Si. WCIE 00.. FlA ~
i
i ~
t
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~ together w~th ~II snd singul~r the tene~r~+ts, heredita,»ents a?~d appurt+nces therevnto b~lagirg or i~ anywae apperqininp therelo, u~d ~II reMS, is~ws,
proceeds and profi» acauing and to sccrue from said premises, all of wFiufi ~re inclvded in ths abov~ and forept?inp deuription ~nd habendum.
~ TO HAVE AND TO F~OtD the above desuibed and granted premises unto ths said MORTGAGEE, iri waessors aed ~ssipns forewr. Md t!w aM
I MORTGAGOR fw the ir ~;n, execwon, administr~tors and auiyns, hereby coven+nts with tM uid MORTGAGEE, its wa.eison and auiprN,
t rhat thev are ~,,,,~„iti xized of the said premises in fee simplr, that iht ~amt ~r~ frK, clear and disclurped from all liens ud
~ .
~ bnnces in law a in eqvity, and that t~V will snd theiZ heln sh+ll wurant ~nd dtfend the titl~ fo tht saen~ to tht s~ld Q
s MORTGAGEE, in wccessas ~nd au' ns, faever
~g sg~irot th~ Iswful cl~ims and dem~nd~ of all persaxt ~
t PROVIDED, ALWAYS thst if the MORTGAGOR sh~ll pay unto the MORTGAGEE tM promiuwy~note heteinbefore destribed and shall ttuly, prompt(y ~
~ a~d fully perform, dixMrge, execvte, compkt~, canply with snd sbide by each and every the ~tipulatiora, aQreernen», conditions ~nd oovenanh of said ~
i promissory note u+d of fhis Mwtyspe, then this Mwtg~ge snd the Est~te hereby ae+ted shall csa~e aed b~ null and void. ~
f IT IS UNDERSTOOD that the word "karty~gor" whether in the singu!ar w plwal a~ywhere in tl~is Morlyay~, shall be sinpul~r if on~ only ud
shsll be plurbl iointly ~nd severally if mon th~n one, and that the word "their" s: u~ed ~nywfier~ in ihis Mort~p~ shall ba taken to mean •'I~is,•• •'h~n:' ~
or "its;' wMerever the context so ifiplies w sdmits, Alw, that wherevar there is a referenos in tM coven~nts and ~yr~eme~b herein oontairnd to uiy of ~
f the p~rties F+ereto, the wne shafl be constrved to mean ~s well ss the hein, le9~l representative~, succeuon and assgm (~ither volvntary by ~ct of tl» ~
~ parties or involunury by operation of the law) of the same and that the covens~ts herein contaiixd sh~ll bind and tM berKfifs and advantaya inun ~
~ ro the respec~ive hein, kgal represenfsti.as, suicessws ~nd us~qiu of the panies hereto. ' oco
E And said Mort
g~gws, for themselves and their hein, legal representstives. auaesiors and ~ssiy~, hereby joindy and sevKSlly covenant ~nd apne am
~ ro and with the said MORTGAGEE, its successors and auigns:
~ 1. To p~y ~tl and sirg~tar the principsl and iaterett ~nd ths vsrian and s~nd~y sums ef money paysble by virtw of ssid promissory nots, snd thb
~ mortyage, each srw: ewry, promptly on the days respectively the same sev~rally beca~w due.
2. To pay al: and sinpula the ts:a, usessmenb, levies, liabilities, obliystions ~d ~naxnbraoces of every n~tur~ ~nd kind now on said davib~d
4 PtoPe+h, a tMt hereaf~~r msy be imposd, wffered. placed, levied. ar ~uessed thereon. a th~t I~eaft~ nuy b~ levied or asessed upon this Morty-
t a4e, dr tM indebtedneu secvred hereby, exh ~~d every, whan dw sr+d payabk. ~ccwdirg to law, befw~ they becane delinquent, ~nd befon am Inta~st
~ attathes o~ any penslty is incurted; AND INSOfAR AS ANY TMEREOF IS OF RECORD THE SAME SHAII BE PROMPTtY SATISf1E~ AND DISCHARGED OF
E RECORD AND THE ORIGtNAI O~FlCIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AlLY fN00R5E~
y OR CERTIf1E0) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and i~+ the event th~t any tfierwf is not
paid, tat'sfied snd d':charged ssid MORTGAGEE may at ~ny time pay the ume w any pa» the~cof without wiivir~p or affectinp u+y opYa~, ,~ien, puiry or
•~Qhi ~nder or by virtve of this mo.tgsge and the full ~mount of each +nd evc?y iuch payment ihall be immediately due and payabk and shall bear intKat
i hom the d~te tFxreof until p~id at rate of n~ne per cemum per ~nnvm and toyether w~th such intrest shafl be secured by ths lien of th:s morytspe.
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