HomeMy WebLinkAbout1617 2S"1203
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7HIS INOENTURE. N4d~ th~ 8 t h ~y pf June A.L~. 1~
3 bNwNn
_ James R Rarker and rtae Jean Barker Nis ~yife ~
of St . ~.UCl@ Cp~~ly Florid~, Mreinaft~? dttiyna~ed s~ tM "MORTGAGOR;' and FIRST FtOERAI SIIVINGS AND IOAN i
ASSOCIATION OF FORi PIERCE. ~ cwporation or~anised ~nd exutinp unda ~M law~ of IM Unit~d Sut~s of Am~riu ~nd Mvinp its princlpal pt~c~ of t
bvsuNSS in th~ City of foH PiKU. St. [~ci~ Cou~ry. Fiorida, he~~inaftN dstpnatad u ths "AAORTGAGEE." ~
WHfRfAS tM MORIGAGOR it jvitly k~dsbt~d to tM MORTG~IGEE in the wm oi i 33s ~~ooJ snd I~wful money of tM United ~
Statp ~dva~c~d by tha MpRTGAGEE unto the MORTGAGOR, as ~vidsnced by a certain promiasory ~ote of even date he~~with, of which ths toilowinp in
- wwdt arKi fiqurq is ~ irw topY. to-wit:
` = 33.0OO.Od ~ 1100~045
~ ; ~ `f ~ ` -t Fort Pkrn. Flaida. ,ItlY~ 8 ~
" 19~~
~ Fw value re~eived, 1, w~ w eitlxr of ~s, promis~ to pa , withouf def~tation,-t0'MIe wde. of fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
~ FORT PIERCE at Fort pierts, florids, the sum of 33, 00~ . ~0 per ~nnum, in monthly ins1a11-
_ • with k~~crrst frem date at the r~te of7 • 7-"'6
menp u follows: j 25O ~ ~M lOth~y of _ September ~9 73~nd a IiR~ sum o~ ths cwrespondirg day of each rtw~th therr
. after until the whok be fully paid. ;
~
- Each irtstatlment first sMlt be applied in payment of ths infe?est snd fhen on the unpaid halance of the principal tum. If default is msde in th~
payment of any installment when due, snd s~h def~ult continues 30 days, thco at the optron of the holder, ~nd without any other notice, all the rem~inirg
tnstallmeny shall be due and payabb at axe. Privile~~ is given to prepsy this note in whol~ p in part ~f ~ny fime without pentlfy. Nelther fo?ebtarurcs, f
` nor acceptanc~ by the ho~der thereof after any defauit in anY payments hereon. shal! be dee~ned extsnsion. A lite paymeM cFw~ge of s 12 . S~shall be ~
~ added to each initsllmeM rtm~ining ur+piid 7 days afta ib dw dat~, and ~ like sum shall be added to e~ch suth insullmant rem~ininy unpaid ~ day~ after
each sutteeding payment dafe.
~ E+ch maker, w~ey and er?dorser I+ereof, jointly and seve~aUy, waives demand, prexntment protest artd ratice of p~otest for nonpayment, snd fuhher
agrees to ~ny extension of rime of psyme~t, either before w after maturity, withovt notice to any of us; and to pay al! costs of collection, includiny s
reasonabk attorney's fce io the event of any defauh hereunder. ~nd hereby severally waives all benefit of homestesd and exemption vnder the constitulion
and ~ of each Srate of the Un;ted Su~es, as against lhis obligstion p any extsnsio~ a renewal hereof.
i
- Witness the hand and ual of each party.
S/ James R. Barker ~ ,
cs~?u `
S/ 1?1ae Jean Barker ~U
549.50 f~u
~ ) star. Revsnw
t `160G~{~1ClIDfi'101~CDb?rcli~DOdOQ
NOW, THEREFORE, the MORTGAGOR fp the purpose of seturing payment of said s~ of s 33~ 000~ Q~
, ~nd the performance of tM
covananb and s~eemer?ts hereinafter e:presscd, and fo. divers good and valwble cauidrrit;w~s, by these presents, does grant, bar~ain, sell, remise,
release, coovey and confirm Ynro the MORTGAGEE, iri wcceasors and auigns, all that «nain lof, piece or parcel of land, fituate, lyin~, u~d beinp in th~
County of $t . Lucie State of Florid~, desuibed ~s fo~lows:
Lot 10, BRIARGATE SLDaIDIVISION, as per plat thereof on file in Plat Book
?4, Page 19, of the Public Recorc~s of St. Lucie County, FZorida.~
STAT ~F _F1.~ORItJA~
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rogethei with all snd singular tbs tenement~, iroreditaments and appurtsnces therounto 6elonging or in anywise appe?taininp thereto, and all renb, iu~es, ~
proceeds ~nd prof~ts ~cuu~ng and to acuve from ssid premius, all of w4+id+ are included in the above and fore9anp description ~nd habendum.
TO HAVE AND TO FjOLD the sbove dexribed snd gnnted premites unto the said MORTGAGEE, its suoceswn and ~uigns forewr. /lnd fh~ said
thezr
MORTGAGpR fo~ - hein, exetutors, administratws and sugns, hereby tovensnts with the said MORTGAGfE, its wooestors ~nd astipro,
that tt~ey are u~:ed or ine said
Y premises in fee iimple; tM1 ths sama are free, cJea~ and dischar~sd f~om ~!1 liens and ~ncwra
bra~es in law w in eqvity, snd ths+ th~'~' will and ±hei r hein si?all wa?rant and defend ths title fo the aarrw to fM said
MORTGAGEE, iri successas ~nd ~ssigns, fwever agaimt the. lawful cla'uns and demards of all perwro;
PROVIDED, ALWAYS thst ii the NIORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefwe destribed +nd sMll truly, promptly
and fully perfwm, discMrye, execute, compkte, compty with and abide by each and every the stipulations, aQreemenb, tonditions snd co+rer~nls of s~id
promis~ory note ~nd of this Mwtgsge, then this Mortgage a~d the Estate hercby uea~ed sh~ll cease snd be nvll ~nd void.
IT IS UNDERSTOOp tFWt the word "Matgagor" whetha in the singular o~ plvra{ a~ywhere in this Mort~sye, sFall be sinpulu if o~e only ~nd
shall be plurd jointly and severally if mwe than one. ~rid that the wwd "their' as used snywhere in this Mortyage slutl be t~ken ~o mean "his: ,•'hers
or "itt:' whereve~ the confext so implip w ~dmib. Also, thst whereve~ there is • refaence in the covenants a~d a~reements herein conbinetl to u~y of
rhe puties hereto, tF~e sarn~ shsll be construed to mean as well ~s the hein, kyal repreaentatives, successon and auigra (either volu~tsry by ~ct of If~e
oa~ties or imrol~M~ry br operation of the I~w) of the same and thst the covenants herein tont~ined shall bind and tha benefits and advant~es inur~
ro the respective heirs, (e9a1 rep?esentatives, succeuors snd au~yr?s of the parties hereto.
Md ssid Mwtgpon, fo? themselves and their heirs, {egsl represe~tstiva, auccessors and assi~ns, hereby jointly ~nd severally covenant and aprt~
to ~nd with the said MORTGAGEE, its successon and sssigns:
t. To pay all snd singut~r ti~e principal and interest and the various aad sundry sums of money payible by virtue of said promiuory note, ~nd tha `
n+ortys~e, each ~nd ~very, promptly on the days rapectively the same severatly become due. #
2 To pay all and srtgulu tFie tsxes, sssessmenn, tevies, liabiliries, obliyations end encvmbrances of every nature and kind now on said describad
properry, or that hereafta m~y bt ;mposed, wffered, pl~ced, kvied, w assessed thereon, or that hereifter rruy be kvied a uieased upon tlNS Mafp-
age, w the ipd~btedness setured hereby, esch and ~very, when due and paysble, sa«di~g to Isw, before they becorne delinquent, ~nd bafon ~Mr Mterpt
attaches o? sny penalty is intvrred; AND INSOfAR AS ANY 1HEREOF IS Of RKORD THE SAME SHALL dE PROMPTLY $ATtSf1E0 AND DISCHARGfD Of
RECORD AMD IHf ORIGINAL OFFiClAL OOCUMfNT (SUCH AS, FOR INSTANCE. THE TAX RECEIPT OR THE SATISfAC?ION PAPER OFfIC1AllY ENDORSE~
OR CERTIFIED) SHALL dE PLACED IN THE HAN~S OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in 1M event that any thereof is not
paid, sat"sfied and dixharged aa:d MORTGAGEE msy at a~y time pay the same or any part thereof without wsiving w sffectir~ my option, lien, eq~ity w
•~qht under or by virtue of thii mortgage and the full amo~nt of each and every such payment shsll be immediately due and payable ~nd shall beu interest ~
~rom tF~e dare thereof until paid at rate of ntne per centum per annum a~ tape~L~ b ~e~~~tl be secured by the lien of th:s morytaye.
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