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HomeMy WebLinkAbout2171 zsssss ~ ~ ~ THlS lNOENyURE. Nb~ N~ni.= 2 3r a d+Y ~ ~ AA. 19~ b~tw~~n _ Frank . ng sn oro y. ng, a x e °f _ Iriai~n RiOer . Coveh FIaWs, ha~inahw d~sipMad u th~ "MORTGAGOR;'.snd fIRST fE~ERAI SAVINGS ANO LOAN ASSOCIATION OF fORT PIERCE. ~ aapa~tion w~aniud and exiui,g wd~. tM liws of N» Un~td Suta of Arn~ka and hav4p iri p~Incipal plao~ of bwMwns M~I» Clty of fa1 Pi~ra. St. Lud~ County. fbrWa. ha~ioahu d~siyn~t~d a tM "MQRTGAGEE." WHEREAS th~ MORTGAGOR is jwtly Ir~bt~d to tM MORTGACsEE in tM we? of ~l • TQO.OO I~wful morwy of tM Uelted Stat~s advu~ced by tM MORTGAGEE unto 11+~ MORTGAGOR, tvidenced by a urtain promissory ~ote ot sven dat~ hsr~with, of which ths followinp in W«a. .~a r~,,,.K a oo~,. ~r. w~,~t: 10019892 ~ l~.l , 700 . No ~ WA Pi~rc~. Florid~. M8~ ~3 19 iw wlve recawd, 1, we or either of us, promis~1 .ro p~y, witho~t defalation, to tM order of FIRST FEOERAC SAVINGS /lND LOAN /45SOCIAIlON OF FORT PIERCE at Forf Pieru, Flor'~da, the sum of ~ t 100 ~ 00 with interest from date at ths wM of pa annwn, in ?nonthly Inihll~ ments ~s fotlo~ws: s 315.00 an the l Othday ef S6p~'.9[I~UA1' 19~ ~ ~ J~k~ sum on the corrtspa:din~ day of each month there- aft~? until ths whole be fully paid. ~ ~ V ~ j E~ch installment firtt shall be appiied in p~yment of tM interest and then on tM ~npaid balance of the princip~l wm. If default is m~de In the payment of ~ny ieutallment whan dw, ~nd wch defauh tvntimros 30 days, then at the option of the holder, and witha?t any other notite, all th~ remainirg + installmenb ahall be due ~nd payable at once. Privilepe is ~iven ro prepaY this note in wlwl~ or in put ~t ~ny Y~me withow penalq. Neitha foreb~~a+rance, ~ nor aceepb~+q by the FwWer tlwreof after ~oy defauh ~n any paymenn he.eon, shall b. deaned extension. A laro p+yment char~e of s~.~i•_,?~liall b~ ~ added to each instaltment rem~inieg ~rnpaid 7 days after ib du~ da1e, and a iike swn shill be added ro each wch irutallmsnt remaininp unpaid 7 diys ihsr each succeeding p~yment date. ~ E~ch maker, wrety and endorser hereof, jointly and aevewlly, w~ives damand, p?esentmeot protest and ratice of p?otest fw ranpayment, ~nd further ~ agrees ro any extension of time of payme~t, either be(ore or _after maturity, without ratice to any of us; ~nd to pay all oosts of collectiore, includirg a reasonable attan~y's fee in the event of sny defauN hereunder, u~d Fkrcby severally wsives all bencfit of homestead and exemption undar the oonstitwion and laws of each Sate of the United States, as against thls obligation or ~ny exte~tion a renew~l hereof. ~ witness ~he ?una and xa~ or esch part,~. s/ Frank H. Ring ~ ~U 'J 15~,U ~ tSEnU 62 ~~5 , ' _s/ Darot y E. King ~ State Reveow (Shmps unulled on aipinsl note) ~ 4 :~OW, THERfFORE, ths MORTGAGOR fo~ the p~rposs of securing p~yment of s~id sum of a~d ths perfwmaece of tM covenann ~nd sp~eemenb he~ein~fter expreued, and for divers good +nd wlwble co~sidewtions, by thes~ presenq, do~s prant, bary~in, sell, ~emise, releas~, convey snd confi?m ~MO tM MORiGAGEE, its waesson and ~ssiyns, alt that ocrtain bt piscr or puosl of land, shwh. 1Yirg, and beinp In tM ~h? ~J' T+t1~C j.e and St+t~ of flwida, d~acr~ed ~s fdlaws: - Lot 5, Block 29, LAREWOOD PARR IINIT N0. 4, as per plat thereof on file in Plat Book 11, Page 2, oP the PubZic Records oP St. Lucie County, Florida, . . . ~ . . . . . . . . . . : - - - . - • . _ - ~ StAMF° TA~ `t` ~ o~ . o ~ - - ~ G ~ ~ - 3. iN w~r~~t - _ ~+?r~~ , - ' ~ 3. ' ~~•f~- ~ ~n. ~ ~ w , , - , -1 ~ oue oN anss ~c irrt~+sieuE e~~ ~g QF 19/1. . ;T ~ Tp q{~p~ER 7 ro ~ ~ ) . . . . . . . . . . . . : . , , . . , . . . _ . ppORT. ST. L11C~E 00.. Flll q,ERtt CtRC11 together with ~II snd singular the tenemenb, hereditanxnb and sppurtances therevnto belwgEn~ or in anywise ~ppertaininp tfiereto. ~nd a0 r~nts, issws, procaeds and profin ~ccruirg aad to acwe 1rom s~id premiu~, all of which arc inrJuded in ths ibav~ snd forepany dewiptwn ~nd habendurn. 70 HAVE tAe i,r~o r~ ~ a~~a and Q~anted premises unto the said AIIORTGAGEE, ifs wuessws a~d assipes forsva. Md th~ said MORTGAGOR far hein, executors, adminatraton snd ~sagns, hereby ooven+nts with th~ saW MORTGAGEE, its wocesson ~nd qaipn, t tMt 3'ti'' 0 7° lawfuly seiud of ths said premises in fe~ si ~ mple; that the su~e u~ free, clear and discharped from all liero and ~ncun? brances in law or in equity, and thse will ~nd th r~ i r hein shall wurant ~nd defend tlk titk b tM sam~ to tht s~id ~ MORTGAGEE, its succeuws and auiyro, forever agairat tFe lawfvl cfaims and dem~?ds of aN person~; PROVIOEO. ALWAYS tMt if the MORTGAGOR sh~ll pay unro the MORTGAGEE the promis~wy note hereinbefors detcribed and shall huly, promptly and fully perform, disth~rps, e:ecute, compkte, comply with and sbide by esch and every the stip~lations. ~yreem~nts, conditioru ~nd aovenanq o{ aaid ` promiswry note and of this Matgape, then this Morts~ye and the Estate hereby veited s[wll teasa u~d b~ null ~nd void. IT IS UNDERSTOOD tlut the wwd "Mort9syw" whetha in the si~ular or pfwal anywhere in this IMortpaye, shall be sb+yular if ons only and sl++dl b* plw+l jointly u~d sevenlly if mwa thao one, ~nd tfist the wad "their" ~s used anywhere io this Mort9sp~ sh~ll be »ken ro mesn "his:• "hers•• a'its," wherever the context w implip w ~dmin. Also, th+t wherever the~e is ~ refaence in th~ oove~rms and ~yreertienb h~rein coMained to ~ny of rl~ pertie~ hereto, tM :+rr» thaN be consrrued to mean is well u the heirs. I~y~i representatives, suaessors sn3 assigro i~iiner WiuniKy ~:~y of t1w psrties or i~volumery by operatan of the Isw) of tM same and that tF~e coven~ms herein contsined sh~ll bind and tl~t benefits and. ~dvantapy (~wr~ to the reapective heirs, leqal representativp, svocessors and us~m of the parti~s her~ro. l~xl said Mor?yapws, for themselves and their Min, leyal representatives, suuesson and usiyra. ?roreby jointly snd sevarafly cavenant a~d apr~e ro and wirh tha said MORTGAGEE, in wccessws •~d assigra; 1. To p~y all a~+d sinpular the printipal and interest and the variovs and wndry sums of mon~y paYable by virtw of said promiswry nofr. ~~d thb mort9s~e, each antl everY. P?omPt~Y an tl+e days respetfively the same sevsralty becane dus. Z To p~y ail ~nd anyvlw the t~xes, u~estmsnq, levies, liabilities, oWiyations am! encumbrsnus of every natur~ and kind now on pid d~scr~d P~aP~Y, or thst hareafta maY b~ impo~ed, suffered, placed, kvied, or ~ssessed thereo~, a tMt henafter may b~ Iwied or ~seswd ~pw~ thi~ IMorp. a~, a th~ indtbtedrKU secvred l?e?~by, tach ard w~ry, wF~en due and payable, ~ocordin~ to bw, btfon tMy beconu d~linquent, ~nd btfon ury k~t~rsst an~ches or any pen~lt~r is incurred; AND INSOFAR AS ANY THEREOf t5 OF RKORD THE SAME SHALL 6E PROAAPTLY SATISf1ED AND DISCWUtGEO OF ' RKORp•AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERi1f1ED) SHAU SE PIACfD IN THf HANDS OF SAID MpRTGAGFE W17HIN TEN DAYS NEXT AfTER PAYMENTj and i~ tl+~ ~vent that any thtrepf i~ np1 p+id, saYsfied and dischsr9ed sa:d MORTGAGEE m~y at ar+y Geoe ~ay tF+e same a ~ny paA thereof without waiving or affMirg anY option, lien, p~ity a •pht undt~ or by virtve of this mortype and tf~e f~ll amount of each and every wch p~ymei?t ~Md bs irnrriedi~tffy dw a~d pay~ble and ~+II bw interpt ~.om the dde tF+ereof until p~id .are of ni++e per centum per uu?um and ropetF?er w~rh s„ch inf~e~ sp~yberecw~d o{ th's morQrap~. 80Gic f;14 FACE ~ ~ ~ ~ ~ - y.::.: - .,r._. K-.e~.i-r- - _ ' ,~tw.:.s~:e~::"~~ ~ ~