HomeMy WebLinkAbout1842 - 25~3~6
THIS INOENTURE. Ma~ th~ 23rd day of M Y A.D. 19 73--• betwee~
Roy I. ~ Andersen and Marie I.oui$e Andersep~ ~h~s~~r~,~q,d M3~rha?Ql B.
Kane a sinale adult "
of St . LuC ~e ~~~~y flaida, Mt~iM~iN dstigr+atad ai tF?~ ~"MORTGAGOR; • ~nd fIRST FEDERA~ 3AVINGS AND IOAN
ASSOCIAiION Of FORT PIERtE, • cotporatan orp~ni:ed u?d exi~tin9 under IM laws of tM Unit~d S1~tq of Arn~ric~ ~nd Mvinp in principai pl~c~ oi
buue?~ss in th~ City of Fort P~KO~, St. luci~ Counly, Flwida, hersir?~ftK d~iiqr,at~d a tM "MORTGAGEE."
WHEREAS tF?~ 1MORTGAGOR is jvstiy ir~bt~d to t!M MORTGAGEE i~ ths sum of s 3i~~QQ-00 ~ood ~nd I~w(ul money of tM Un~tad ,
Sratet advanced by tht JIAORJCaAGEE unto the MORTGAGOR, ~s evidenced by a certain ptomiubry noN of ~ven date har~with, of which the followinp in C
words and fiyurts is a trw copy, to-wit:
~ 31~~Q ~ !
j • ~ 1AA19g_Od f
Fwt Ak?c1~ FlWid~~ ~y 19 7`3
For valw received, 1, we w eithe~ of us, promise to pay, wiihout defalc+tion, to the order of FIRST fEDERAI SAVINGS AMO LOAN ASSOCIATiON OF
FORT PIERCE at Fort Pieres, Flwida, the sum of j, 31 + 3~ w;th in~erest from date al the rate of 8• pc+ annum, in monthly ir?~tall- ~
- meMi af ~OIIOws: s 262.~ or? the l~t~ay of Julv ~ 19 73 sod a like ium on the correiRcx~d~~q day of esch month tfie~r '
al~er until ttro whole be fully paid.
Each i~n~allment fir~t shall bs a I~ed in payment of the Interest and ttun oe~ the un id balance of the ~nc7 ! sum. If defsult is made in the
PP Pa P~ W
payment of a~y inst~Ument when due, and wth defauh tontin~es 30 days, then at the option of the holde?, snd without any other notice, all the remainin9
~nsrallments ihall be due and payable st once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither ~webe~rrar+ce, ~
nor acceptante by the holder thareof after aoy default in any payments hereo~, shall be deemed extension. A late peyment charqe of s 13 . l~ sh+ll be t
added to each initallment remaining unpsid 7 days after its dus date, and a like sum shall be added Io each iuch inatallnxnt remaining u~paid 7 da/s ~fter
'J. each svcceedirg payrrMM dste.
` Esch msker, surety and endoru~ hereof, joiMly and severally, wsives demand, presentmeM protcst and ~wtice of protest fot ~onpaymenf, and further ~
agrees to any ~xtension of teme of payment, either before or afier malvrity, w;thouf notice to any of us; and to pay all costs of collKtion, includiny • ~
reasonabk attoihey i fee in the event of any defauft liereunder, and her~by severally waives all benefit of homestead and exemption under ths constiTUfan
and laws of each State of the United Statcs, as "agairot this ob(iyation or any eatensian w renew~) hereof. ~ i
Witness the hand and seal of each party. 3
s/ Roy I. Andersen ~p ;
s/ Marie Louise Andersen ~U 3
s/ Michael B. Kane III! a sin~~
adul t
~ 46 . 9 5 t State Revenve .
(ga`aipa: Fa3r~laII ~d ~Qp3~~4JC _
MOW, THEREFORE, tha MORTGAGOR for tM purpose of secvring paymeM of ssid sum of = 31 ~ 3~ and ths performance of th~
covenann and agreemenri hereinafter eapressed, and fa divers good and valwbk ca?siderations, by these presenti, does qrant, barpain, sel4 remiu,
re?ease, convey and confi~m unto, the MORTGAGEE, its svcceuors and auigns, all that tertain lot, pieoe or putel of lu~d, situate, lying, ~nd beirg ie the
County of S t. I'UC 1@ and State of Fbrids, deicribsd ~s follows:
The North 165 feet of the SE ~ of the SE ~ of Section 29,
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Tavnstiip 35 South, Range 40 East of ~ht PubliC Recards of `
~
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St. Lucie County~ Florida, ~
I.ess righta of way for Public Roads and drainage Caaals. ;
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d=' oocuM FL-~Rle1
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sc ~ DEPl: RE1?F~y~ S~iAlY1P 1/i j ) ~ c~_.:15 OF t
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! togetMr with all a~d singular the tenement~, he~editamenh and appurtances therevnro belaging o~ in anywiss apperbininp thereto, ~nd ~II rants, iuues,
i prxeeds and p+ofits aca~ing ind ro ~cvue from sa~d prem3ses, all of which ue intluded in the above ~nd foreyoirg destription ~nd hsbendum. 7
TO HAVE AND TO HOID the ~bove described ~nd 9~anted premius unto tha said MORTGAGEE, its wocesson and ~uiy~ forever. Md tlw saW £
' MORTGAGOR fo~ ~he 1 Z ~~;n, executors, administraton and assigns, hereby aovenanb with tha said MORTGAGEE, its suocesso~s ~nd aitqra, i
~ rhat they aLe - lawfully uized of the said premises in iee simple: tlut tht same u~ fres, cle~r ae?d disch~r9ed from aN lie~s arw) ~ncvm- ~
; brances in Isw or i~ equiy, and thst t~ y will and t he i Z hein shali w~rnnt and defend th~ t+tk ?o the s+me to the s+id ~
_ MORtGAGEE, in successors and augns, faeve? against the lawf~l claims ~nd deman~ of all pe~soos; ~
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry note heroinbefore desttibed and sh~ll truly, promptly
and fully perfwm, discharge, execute, compkte, comply with and abide by each ~nd every tfK stip~laYwro, apreernents, conditions ~nd townants of iaid ~ 3
prom~ssory note snd of this Mortgage, then this 1Nortqage and fhe Estate hereby veated dull ceue u?d b~ null and void. ~ i
` tT IS t1NDER5TOOD that tF~e wad "Mort f
4 Qsgor" whether in the singula~ ot plw+l ~nywhert in this Mort~ape, shall be sirguiu if on~ only ~nd ~ ;
shsll be plural jointly and severslly if more than one. ~nd tMt tF~e wwd "their" as used ~nywhere in this Matga~e shall be t~ke~ to mean •'his,•• •'Mn•• ~ ~
or "its," wF~treve~ the context w implies or ~dmits. Atso, thar wherever the~e is a refe?ence in tM covenanb and syreements herein Contair?ed to a~y of i
' ~he p+rties hereto, the ssme th+ll be corntrued to mean e~ ~r.e~1 ~a rhe heirs. leual rtpresentatives, suaesson and ~uiyro (either voluntary by act of th~ '
= parties w involuntary by operstion of the law) of the same and that tha covensMS herein contsined sh~l! bind and tht benefits ano awantsyp irwr~
ro the respective heirs, leg~! rep~eseotstives, wccessors and au?yru of the panies hereto.
_ Md said Mutgsgors, fw themselv~s srd their I~eirs, leg~l represent~tives, tuccessws a~d sugns. hereby jointly and sevaally covenant and apree ~ ?
ro and with the said MORTGAGEE, its successors ~nd assigro: occ. ~r
e 1. To pay ~II and aingulu the principal and iMerest ~nd the variovs and sundry wms of money paysble by vinue o! said piomisaory note, ar?d thit °cD ~
~ mort9sye• each and every, pranptly on the dsys respectively the ssme severally becane due.
r 2. To pay aU and sirgular ths tsxes, uiesunents, lev'~es, liabilities, obliystions and encumbrsnces of every naturs and kind now on said deavibed ~
; P~~H, w tlut hereafte~ enaY be in+Posed, suffered. P~+ced, levied, w~uessed thenon, or tM~ Mre~ha+ msy be kv~ed w~sses~sd upon this AAo~tp-
age, or tM i~debtedness secured hereby, each and every, when dve and payable, xcordirg to law, before thty betome dstinquent, ~nd b~fot~ ~ny interht !
anaches or sny penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORO TNE SAME SHAII BE PROMPTLY SATISFIED AND ~ISCHARGEO OF
t RECORD AND THE ORIG1NAl OFFICIAI DOCUMENT (SIJCH A5, fOR tNSTAN~E, THE 7AX RECEIP7 OR THE SATISfACTIpN PAPER OfFICUIIY EN~ORSE~
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TfN DAYS NEX1 AfTER PAYMENT; s~d i~ the eve~t that ~ny thtreof is ~ot
paid, iat'sfied and discharged sa:d MpRTGAGEE m~y at any time pay the same w any parf thereof witlw~t w~iring w aNetting ~ny optan, lisn, eQuity w
~~qht under w by virtue oF this mortgage and tFk full amovnt of eath and every such payment ~Full be immediatsly due and p~ysble and sh~li bsar interest
~rom the date thereof until paid at rate of nine per centum per annum and toqeiher with such interest shall be secured by the lien of th:s morytsp~.
Y ~ l - - _
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