HomeMy WebLinkAbout2616 ~55~y7 '
THIS IN~ENTURE, Mad~ Ihe 3~h day of „ A.0. 19~ Mtw~
(ioardon Mnia~?ak, a aingls adult~and (3eorge B. Seith, a e adult.
of ~L'~ , COUnty fbrida, h~rtinahN dtsign+td as 1M "1NORTGAGOR;' ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, a aorporat'wn wp+~iud and ~xutinp und~. tM bws of 1M Unit~d Sta~~s of Am.~iu u+d Iwvinp in princip.l plac• of
buw»s~ tn th~ City of Fat Piau. St. l~cie Covnry, Florida, htnin~fta d~sipnat~d ~s tM "MORTGAGEE:' _
WNEREAS tM MORTGAGOR is hntly indebt~d to ths MORTGAGEE in tM ium of =Z.~77~-~r+ 9ood and iswf~l morNy of the United
Statas advanced by tM MORTGAGEE u~to the MORTGAGOR, ai ~vide~ced by ~ certain promissory note of even date herwvith, of whith tM followinp in
w~ud~ ~ fiyu~ • it a trw copy. to-wit:
~ 2,72~.OS N, 10029917
Fwt Piera. fb?id~. ~7 30~ -19~
Fw v~lue reteived, 1, we or eitMr of us, promise to pay, without defalcation, to the wde? of FIRST FE~ERAI SAVINCaS M!p IOAN ASSOCIATION OF
FORT PIERCE af Forf Pierce, Florida, the sum of w;th interest trom date at the rate of 8~~96 pa ann~m, in monthly install-
menb u follow~: on the ~h. day of Ju~-'~ , lq.~_ ~nd • like sum oo tha correspa+dinp My of each month the~s-
after until the whok be fully paid.
Each installment first shall be applied in payment of the interest and the~ on the unpaid bil~~rce of the princip~l sun+. If defauh It made In ths
paymeot of any ir?stallme~t when due, a~d such default tontinues 30 days, then +t the optan of the holder, and without any other notice, atl the remai~irg
insta~lments ihall be due and p+yable ~t once. Privilegs is yiven to prepay this nots in whole or in part ~t any Y~me without pen+lty. Neith~r forebNn~cs,
nw acceptanc~ .by. the_ Fwlder thercof sfter .~ny default in anY paYments lureon, shall be deemed eatcnsion. A late payment chuye of 2 ~ sMl) bs
added to each intiallme~t remaining ~npaid 7 days ~fter its due date, and a like wm shall bs added to each such inslallmeM ~emainin~ unpaid 7 days ahei_
eatii wc~ng paymeM date.
Eech. maker, surety and endaser hereof, jointly snd severally, wsives demsnd, presemment protat and ratice of protest fo~ nmpayment, and furtF~er
agrees to ~ny extenian of time of payment, either lxfore a after matu~ity, without notite to any of us; and to pay al) oosts of colletlion, includinp •
reasonable anwney i fee in the event of sny default hereunder, ~nd F?ereby sevtrally waives sll beneflt of hsmestead and exemption under the tonstitufion
and laws of each State of the United Stafes, as a9aimt this obligatlon w any extenian o~ renewal he~eof.
Wit~eu the hsnd and sesl of each party. .
- S/ (iordan ~k, ~ cs~?u
a ai e adnlt ~nu
~ S t3eorge B. Sa~ith~ cs~w
$1l.20 a' ain~cle adult ~ _
~ ~ stat. Reven~,. .
(fAw~~w~eell~ar~i~irwF~d
NOW, THEREFORE, the MORTGAGOR for the pu?pose of secu?ing payment of s~id sum of = 2~7~4'~7 ~nd tM performancs of tl+~
covenants ~nd ~yraementi I1lfllMffH expressed, snd for divers good ar?d v~lu~ble considerations, by tl~as presents, does yrant, barysin, sell, remise,
release, convey and oonfirm unro the MORTGAGEE, in succeuws and stsiyns, ~II thst certain b1, piec~ or puul of land, sitwts, lyi~p, and beirg in ths
County of St. ~~18 , ~nd Stat~ of Fbrids, detuibad a~ follows:
Beginning at the Northeast corner of the Si~ of the S~ of Section 19s Toia~ship 35
Sonth~ Range 40 East, run West 330 feet to a point, tt~ence rnn Sout,~ lt20 feet to a
point o1' begi~aning; thence run West 2i0 feet, t~hence rim Santb 225 feet, tl~ence ran
Sast 210 feet, and thence run North 225 feet to the Point of Beginning;
ALSO
Beginning at t~e Southxest corner of the S~ of the NF}d of the St~ of the S~ of
Sectian 19, To?mship 35 Souths RanBe 40 East, t~hence r~m East 220 feet to Caunty
Road ri~t-of-~way, thence North alang road 182 fest~ thence i~lest 220 feet, thence
South 1 feet to Point of Beginning;
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~ ~ S A F~. flF F1.~OR1DA
UOC~IMEN ARY ?AMP iA k~ ~ S_ ~'r IN PAYMEMT pF TAl(Eg
ofrt. o: REr~ ~ ° .w • . ~ d~ oN aus ~c iNr~rrcie~ ~RSOru~ ~n
~ N = ~
~ _ - PlHtSUAN1 TO C11AP'F.^ 71•13i, ACTS pF 1911. ~
~ p.L YJ~~4~~ ~~i. O ~ ~ O 1 ~VYCJ~ rllR~vU ~1X~ - -
o= ~~~02 `ti , CIFRK ClRdliT OOllRT, ST. UICIE C0, F1A
together with all and singular the tenemenn, hereditaments and ~ppunances thereunto b~lorginy or in anywae apperbininp thereto. ~nd ~II r~nb, iaws,
proceeds ~nd profin uauirg and to scaue from aid premises, all of which ~re iecluded in the above +nd fweyoirg desviption ~nd habendum.
TO HAVE AND TO HOlO the ~bove described snd g~anted pre*nises unto tM aaid IYIORTGAGEE, its woasson +nd +tsipm fo?ew?• Md th~ wid
MORTGAGOR for ~e~ hein, executon, edministnton snd auigns, hereby covtn~nfs with tM s~id MORTGAGEE, ib axtessors aod astfprn.
fhat - 8~ lawfvlly seized of t1~e s+id premiies in fee simple; that the sam~ ~re fns, clear and~ disch~r~ad from ~II Ikru and ~ncuen~
braoces in I~w a in eqvity, and that ~ey will and their ~II wurant uw! defend t1» tifb to tM sam~ to th~ safd
MORTGAGEE, iri successors ~nd ~uiyns, forever agsirut th~ lawful cliuns ~nd dem+nds of all perwroJ
PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE ths promisrory note hereinbafor~ described and shall truly, promptly
" and fully perfwm, dischar9e, execute, compkte, comply with and abide by each and every the stipvlataro, apreements, conditam and covenanb of said
promissory note ~nd of this Mat9aye, then this Mortyag~ and the Est~te haeby ae~ted sh+ll usss and b~ null and void.
IT IS UNDERSTOOD that the word "Mwtgayw" whether in the singuiar or plural ~nywhers In this Mortyaye, sMll bt sinpu{u if on~ only and
~ ah~ll b~ plural iointly and wveralty if more tMn one. ~nd th~t tF~e wad "tF?eir" a~ used anywhere in this Mwtysyt shall be takan to mtan "his,•• •'hen;'
~ or "its," wherever the context so implies or ~dmits. Also, that wherever there is i rsferanc~ in the cov.n~nn a+d .pr.em.nn herein oomained fo .ny of
the putid her~to, the same sh+tl be construed to mean as well as the heirs, leysl r~preuntativet, svatsson and auipm (either vol~ntary by ~ct of the
ps.ti~s a imdunt~ry by operatan of the law) of the ssme snd that tl~e covenants her~in conuined sMll bi~d ~nd tl» bernfin and ~dvantp~s inw~ ~
to the respectiw h~irt, byal represer+qtires, successws and au~pns of th~ puti~s her~to. [n
Md said Matga~w~, for themselves ~nd the'v Ixin, leyal repreientstives, sucussws and ~uiy~a, hereby jointly and s~vaally cov~nant ~nd prN
r~ ~nd with the s+id MORTGAGEE, its svccessors ~nd auipns:
1. To pay all and iu+~ular tFw principal and int~rest and th~ wrious snd sur~y sums of mon~y p+Y+bb bY virtw of said promiuory nob, a~d this a
mortp~pe. ~ach ~nd wery, pramptly on tM d~ys r~sp~ctiv~ly tlw sam~ ~w~r~lly b~can~ dw.
2. To p~y all ~nd sinpula tM u:e~. ~uessrnenrs. Iwics, li~bilities, oblipationa ~e~d M+cumb~~nns of ewry oatur~ +nd kfnd now on said d~wib~d 'd'~
p?opMy, a that her~aftN may b~ impowd, wffa~A, placad. Iwied, w ~~eswd tl+rwn, w thN Iwr~aftN may b~ Iwwd a~ueswd upon this Matp~ ~
~9~, a tFw Indebtednea Kcur~d her~by, each ar+d ewry, wMn dw ~nd payable. ~ccordinp ro law, b~for~ thep bacome d~lirquem, ~nd b~fw~ any iMU~st ~
etteches o? any penalty if incurred; AND INSOfAR AS ANY THEREOf i5 Of RKORD THE SAME SHAII SE PROAMiIY SATISf1E0 AND DISCHARGEO OF •
RECORO ANO THE ORIGINAI OffICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIVT OR THE SATISFAC110N PAPER OFFKIAItY ENOORSEC ~cc~
- OR CERTIf1ED) SHAII SE PLACED IN TNE HANOS Of SA~D MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; Md in th~ ~wnt that ~ny tl+Nwf i~ no1
ca~d. ~~t~~fied ~nd discharqed sa'd MORTGAGEE may ~t any t~me pay the s~me a a~y par~ tlw~of witi~ovr w~ivinq or ~l(ectirq ~ny option. lien, puity a
•iQh~ under a by virt~e of this mortya9e ~nd rlK full amount of e~ch ~nd ~ve~y wcl~ p+ymenl ~hal! b~ imn~di~~ely dw Md pay~ble and ~hall b~ar interat
~rwn th~ d~N thereof uneil pa~d ~t r~te of n~rw per c~ntum per annum ~nd toqtther w~th wth intNep d»II be ~ecwed by the litn of th:s morptap~.
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