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HomeMy WebLinkAbout2839 ~ ~ ~ 256061 ~H1S lNpEMURE, Mad~ tM 1sL day of `~un@ A.D. 19 7 3~ bNwMn __~illia~ J. Kibbv~ III and Donn~? M. Kib~y, his wi~e ~ Ct _ L- _ i e ~ CqMty Flwida, F?K~inait~ d~siynat~d ~t tM "MORTGAGOR," ~nd FIRST FECERAL SAVINGS ANO IOAN ASSOCI/ITIpN Of FORT PfERCE, • cwpor~tio~ ory~niz~d M+d ~xisrinp undM th~ I~rv~ of th~ Unit~d Sutss of Am~rka ud h~virg iq principal pl~a of bu~inas tn tM Gty d fat Pi~ru, S1. luci~ Couoty, Flo~ida, i+~rdn~h~r d~sipnaqd ~s tlr "MORTGAGEE." WHEREAS rM MORTGAGOR h ~wtly ind.bad ro th. MORTGAGEE in ~h. sum of = 2Z ~ 6~ - qood •nd 1•wful mon.y of ~M United Stat~~ adv~nc~d by ti» MORiGAGEE unto tM MORTGAGpR, ss ~vidsnced by a cerqin promiuory no~~ of evsn dafe her~witty of whkh tM Follawinp in ward~2Qd jyyss Irw copY, to~wit: = Z ~ O~0 •O(,l 10019936 No ~ P~, June 1 ,M~q73 for v~ive raceiv~d, 1, ws w ~ifher of us, promise to p+y, without def~lcation, to the o~der of FtRST fEOERAt SAVINGS A~ID LOAM IISSOCIATlOM OF FORT PIERCE al Fwt Pierce, Florida, the sum of = 22? 6~ with interast from date at the rats of 1~~6 psr annum, tn montbly ir?sql~ mems u foliowi: = 171•~ cn tF,.lOth d.y of ~Dteaber ~~9~~. and a like sum on the corrsipondinD d~y of eoch month there~ after until ths whols be fully paid. Each ie~sullmsnt first sMli be applied in payment of ths interest and then on the unpaid bai~nce of the prindpsl swn, iS defsuh is mads in th~ payment of a~y iraullment whsn dus, snd wch default continues 30 days, then at ths oprion of the holder, and w;thout ~ny other rwtics, all tl+e rsm~ieiny ;nsiallrr?~nq ~F?~11 b~ due and payabk st onca. Privileye ii yiven to prepaY this note in whole or in p~n at any time without penalty. Neit~ forubNiants, nar uceptanc~ by th~ holda thereof aftes any defavlt in anY paYmenb hereon. shall be decmed extension. A Iste psyment ch~rpe of ~ 8• 5~ shsll be added to each in~tsllment remsini~p unpaid 7 days aftK iri dw date, and a like wm shatl be added to each such installmertt remairting w~paid 7 days afta each svtt~edinp p~yment dats. Each maker, surety and endwse~ herwf, jointly a~d ~eve?ally, waives demand, presentmcnt protest ~nd notice of pote~t fw nonpayment, and funf+er ; agrees ro~ny exte~sion of time of payment, cither before or after maturity, without notice to any of us; ~nd to pay aG oosn of mllectioo, includinp a ! reasonable •ftorney's fee in the even? of any default fiere~nds?, and hereby teverally waives all benefit oi homeslead ~nd e:emption u~der the ~titufion ~ and laws of each Stale of ths United States, as a9sinst this obligation or sny exte~aio~ or ~enewal hereof, f wit~es. rhe hsnd .na ua~ or ead, pa.r,~. g/ t,1l~lliaa J. Kibby, I II i ~U ~ i ~U ~ s ~ Donna . Kibby ~ ~ S 33.90 ~ Stat~ Rewnw ~u cs,..~ ~N.a.a. NOW, tHEREFORE, the MORiGAGOR for the peirpose of secvring payment of s+id sum of = 22 600.~ .a . ~nd th~ perfwm~nce of tM covtn~nts ~nd apr~tmeob her~inafter expreued, and for divers good u+d v~lu~blt tonsideratioea, by thes~ ptesenb, does pnnt, bary~in, pll, remise, releass, cwwhr ~nd firm ur~to the MORTGAGEE, its tucceuors and ~uigns, sll tMt certsin 1of, pieq or puce) of lar~d, sitwte, lying, snd beinp In fhs Covnty of "t. t'uCie ind Sqte of Fbrida, daaibsd ~s follows: I.ot 11 ~ B lock 56 , LAKEW~OQD PARK SZBDI VI S ION L~IIT NO. 5~ a s pe r plat thereof on f ile in Plat Book 11, Page S, of the Public Records of St. Lucie County, Florida~ And Mortgayoss covenant tbat they are the idQntical individu~als naaed as grantees ia tLe warranty Deed fso~ Kattrleen Kiag Shunwa?y, a single sdult to Williaa Kibby and Donna Kibby~ his wifa~ bearing dat~ of April 6, 19~3, record~d in O. R. Book 212~ P~?gQ 2~44~ Public RQOOrds of SL. Uxcie County, Florida ~~o N ~ ~LOR~oa~ oy o DO UMENTARY STAMP _TA X+ ~ ~ oEP1. Of AEYENIIE ~ . - ~J~p ' ' '1 ~ N PAPAI ~ " iitN•~ 7) ` } ~ ~ ~'C' INTMIGlBtE PERSO(YAL ~ `~S .s = P.~.' 9 0 ~ PURSt1ANT TO CHAPTf4 71-13l. ACTS Of :9I1~~• . o =11102 ! R06ER POITRAS ~fr . Cl.ERK CIRCUR OOURT, ST. WCIE 0p., Fu~ ~ ; to9eth~r with ~II and si~ular the tenements, hereditaments and appuAarKes tMre~nto b~longirg or in ~nywise ~ppert~ini~g therero, and al( rents, iuws. p.oc.~ds and profin acu~irq antt to acvue from said premises. •tl of whicfi ue induded in tiw abow and forp~.irg description ~nd hsbendum. TO HAVf AND T t~10Lp ~ above described and Q.anted premises unto tM said MORTGAGEE, in suocesson ~nd auipns for~ra. Md th~ ~aid i MORTGAGOR fw 11e 1--- Fnirs, execufon, administr~tws and assgm, hereby ooven~nn wirh th~ uid MORTGAGEE, iTS svaeswrs ~nd ~stipro, ` thasi ~ rE+ ~ ihat - lawfully saized of the aid premises in fee simplt; tF+~t th~ same are fr~, clv,r ~nd discl?~rqcd from al) liee» and ~ncvm~ branca in law w in equity, and t!?~t they will and their heirs shall warrsro ~nd d~fend t}r titk b the wm~ to tM taid MORTGAGEE, in wccessors ~nd ~ui~r?s, fawsr sgairut the lawful cla"am snd demanda of ~tt penorqj PROVIDED, ALWAYS that if th~ MORiGAGOR shall pay unto tha MORTGAGEE tF~e promiswry rqte he?tinbefwe dexribed s~+d ahall truly, promptly and fulty perform, diuhary~, ~xacuts, compbt~, tompiy with and abide by esch and every tM sYv,.vlatiaa, apreemenri, conditions and toveMms of said promiswry rat~ and of this Mort~aQe, then thit Ahwtyaye and ~he Estate hereby veated shall uu~ and M rwll and void. IT IS UNOERSTOOp tMt ttw word "Mwtpagor" wfxtF~er in the singutar w pla~l ~oywFer~ in this Mor?ypt, shall b~ sirpvla~ if one only and shall b~ plvrd jolnt)y and s~ver~lly if mon 1Mn ons, and th~t the wad "their" as used a~ryrvAKr~ in this Monpay~ shall bt taken to mean "his,'• „he~„ ~ or "in;' wher~va tM contezt so implie~ or admits. Alio, tFut wherever there is a nf~rerw, in th~ cannann ~nd ~~emenb fkr~in aonbirwd to uryr o1 ~ ~h! p~nies her~fo, ~he same tFiall be construed to mean ai wsll as ths I+eirs, lepal rpresen'atives, successws and auiyro (either, voluntary by ~ct of tM psrtks or tnvolunury by opernion of tM law) of the ~sme sr+d that the covensnts Fnrein contained aFwll bind ~nd tFw b~rnfiri and adv~nt~s Gwr~ ~ ro tht rapMiw Min, leyal represer?tativtt, successo~s ~+d au~yra of tht puties her~to. Md saW Mwt9apors, for th~mielv~s a~d thfir Mi». te9al repreientarivei, wueswrs and ~sa,yns, iur~by jointly and wrerally oovenant ~nd ayr~e v ro ~nd with tM s+id MORTGAGEE, its sucuisws and ~ui~ro: o_ 1. To pay ~11 and sirpvlar 1M principsl and imerest a~d tM wriaA ~nd s~ndry wms of money paYabFe by vinue of ~aid promisiory not~, and this mwt9~. ~ach uid w~ry, prpnpfly on tM days re~pattiv~ly tFw sam~ sw~rally o~can~ dut. '1. TO wy ~f~ iifIQVIN f~M b7tH. ~!fltYMflt{. ~lV1ti. ~i~bllitit/. Oai~ifipl{ ~Rd MWl11bl1f1Clf Of lY~ry MtW~ Md k111d f10W OII N~ ~Kf~ 1 propab, or that Mr~~ft~r maY b~ imPowd, wHar~, plated. Iwi~d, a~a?.awd ther~on, a tMt Mr~aft~r may be bvi~d a awssad ~rpon thia Mort~ ~y~, a tl+~ ir~bt~dmu ~eaind Aer~by exh and ~vKy, wM~? dw and pay~bSt, aaordi~ to I~w, b~for~ they becaer delinqwnr, uid b~fo~~ ~+~y kne~a~ •«+tMf o+ ~ny p~nalty is lncurr~d; AND INSOfAR AS ANY.THEREOF IS Oi 4KOR0 TltE SAME SHAII 6E PROMPTII/ SAT15f1ED AND OISCHARGEp Of RECORD ANO THE ORIGlNAI OffIC1Al nOCUMENT (SUCM AS, FOR INSTI.NCE, THE TAX RKEIPT OR TNE SATISfACT10N PAPER OFfICIAItY ENOORSEO OR CERTIf1E0) SMAtI dE PtACEO tN THE HANpS OF SAID MORTGAGEE ~il1iHlN IEN DAYS NfXT AiTER DAYMENij and in the ~v~n1 tMt any MKrpf is np1 p~~d. ~~t'sfied and d~schar9ed s~:d MORTGAGEE m~y at ~ny time pay •i?~ N~rr w~ey part th~reof without w~ivieq w~ff~ctinp any option, lien,- puity or •~qht vnd~r a by virtw ol this morryay~ ~nd tht fvll amoum of exh. and ~re.y iuch paym~nt shall b~ imm~diat~ly dw ~~d qay~bk ud tha!! bear ime~~s~ ~~«n ~M daa ~M?~of unr~l p~;d ~r .~~e oi n~n~ p~r esntum p~r ~nn~.m ~~d top~~h~~ w~th ~uch inter~~t shall be wcw~d by tM li~r? of th:~ mwqtape. i ~ ~-Y , - ~ ~ ` r ~ x~ : _ _ ~ ~ ; ~ ~~`~,~,f.~~W