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HomeMy WebLinkAbout2280 25'76'79 ~ ~ ~ THIS INDENTURE, Nl~de Iha Zand day oi 'J~e ' A.D. 19 7 be~ween Cha~l~s B• BAll and Gloria Bsll. his wif• - of St• ~'~C~~ County Flaid+, F?~reinaflK de~ignated +s th~ "MORTGAGOR;' ~~d FIRST FEOERAI SAVINGS AND IOAN ASSOCUTION OF fORT PIERCE. a corporation wpanized and existinp under tM laws of tl» United Statq oi America and harinp iti principal pl~c~ of busin~u tn tM City of Fwt Pi~rct, St. lvci~ Gouo[y. Flqrids, hertinafttr desiyn~~ed as tM "MORTGAGEE." WHEREAS fM MORTGAGOR is i~ntly ind~bted ro ths MORTGAGEE in ths sum of S 31 ~8~~~ . 9ood +nd lawful rnorer o1 the Un;ted States adv~nced by tF~e MORTGAGEE uNO 1hs MORTGAGOR, as evidenced by a certa~n promiuwy note of even dste Fxvew~th, of which ths fol!owinp 1~ words ~nd f' ures is a tru~ copy, to-wi~: 1~0~0(~()5 = 31 ~80~.00 . Jqn• 22~ ~3 fwf Pi~rc~, Flwida, ~ For vslue received, we or eithe~ of us, prom~u to pay, without defaicatioo, to 1ho order of FIRST FEDERAI SAVINGS ANp IOAN A.~SOCIATION OF ~ FORT PIERCE at Fo~t Pierce, Flwida, the sum of s31~800~~ w;th in~erest from date at the rale of ~jr46 pe~ annum, in monihly install- ` ~nents ss (oilows: i 262~~ o~ the2ab day of ~CtO~@r 19 73 and a tike sum on the cwresp.u+d~nQ day of e~ch month thcra- v y after until ~he whole be fully paid. Each installment iirst shall be spplird in payment of the interest and then on the unpaid balar?ce of the p~~~+cip+~ sum. If detault is made in the payment of any installmen~ when due, and such default continues 30 days, then ~t the option of the holder, and without sny other notice, all the remaining ~nstallments sha~l be due and payable at once. Privilege is given to prepay this note in whole ot in put at any time without penslty. Neither forebearance, ~ nor acccptance by the holde~ thereof aftcr any default in any peyments hereon, shall be dcemed extension. A late payme~t charge of 3~. sh+~~ bs ~ added to each installment remsin3ng ~npa~d 7 days aflN its due date, and a like sum shall be added to each such insrallmcnt remaining unpaid 7 days aftH each svcceeding paymcnt date. ~ Each maker, surety and endorser hereof, jointly and severally, waivbs demsnd, presentmenf protest and notice of protest for nonpayment, and funhe~ : • r agrees to sny extension of time of paymen~, eithe~ before or after maturiry, without notrce to any of us; and to pay all costs of collenion, including a i ~ reasona6k attorney's fee in the event of any default hereunder, and hereby sevtrolly waives all benefit of homestead and exemption under the constitution + " a~~d laws of each State ot the Unittd States, as against this obligation w any extension w renewal hereof. ~ ~ Witness the hand and seal of each pa~ty. ~ (SEAI~ Z s/Charles B. Ball ~?i~ ~ y ISFAu ` ~ , s/Gloria D.• Bail ~u ~ ~ `S47 ~ 7~ ~ State Revenw _ ~ (StsfRpt~ltfl~lMltl"EM'~i1f11rf1atA~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing paYment of aid sum of s 31 ~ 8~~ ~ and the perfom+sncs of tM coven~nts and agreements hereinaFter expresscd, e:~d fw dive~s good and valuable co~sideratiorts, by ihese pre~ents, does g~ant, bar9ain, sell, remise, release, convey and confirm unto the MORiGAGEE, iti svccessors and suigns, all thst certain lot, p'~ece w pucel of land, iituste, (ying, and being in fhs . j County of St• ~'~Ci~ ~nd State of Florida, dewibed as foltowt: ~ of Beginning at the SW corner ot the/ Section 17~ 2owssbip 35 5outh~ Range 40 Basts ' St. Lucie Caunty~ Rlorida~ run North 88 degrees 30 ' 21 " Bast, a distance o~ ' 420.01 feet; thence r~ North 00 degrees 10' Oi" Ba?st, a distance o! 48.02 feet to the point of Begi.nning; Froa said point of Beginning run North 88 degrees 30' 21" Bast a distance of 90 leet; theuce run North 00 degrees 07'33" Bast a distance of 281.98 leet; thence znri South 88 degrees 31'O6" West, a distance of 90 feet; thence run South 00 degrees 09'33" West 281.98 feet~ sore or less~ to Point of Beginning. ; - ~ ~ ~ tt~cEtvEn - ~ ff Fti+?+FYC C~ ~ =,M ~ TE oF FL..ORlDA~ DUEONCIASS'CINTANGik'_f -~N;:;c~.~. STA S1AMP t n x 1 4 N ~ E ootuMENTaa ~uKSUan~ To ~~:s,r-::~ o: 14,: Z ' ~ ~ DEPT_ Oi FtftlENUE . : ~ I ~ ER i 0; ~ Rae ic `r = =„~d2T'73 ,t' ~ Q ~ ~L~4K Gt?C'd`.T ~:,CET. Si. tJ~~t X`., Fl}i . t ~ - _ Pa. .~I ~ ~ - ~t~92 - _ _ _ ~ - r o ~ ~ together w~th all and singulsr tF+e tenements, hereditsments snd appvrtances thereunto belonging or i~ ~nywise appertaining thereto, and ~I) rents, issves, proteedf and profits accru~ng and to sccrue from said prem'~ses, all of which are inctuded in the sbove and foregoing dewiptior. and h+bendum. ~ TO FIE'?VE AN~ - the above described and granted premises unto the said MORTGAGEE, its successus ~nd auiqns forever. And iM ~aid ~Re`'~~ MORTGAGOR for - heirs, executws, administrators snd assigns, hereby covenanri with the said 1MORiGAGEE, its svcteuon and assipra, ~ rhat th@y ~e - lawfully seized of the said premises in fee simplr, th~t the same are frae, dear and disthsrged from all liens and encum~ ~ brances in law w in equity, +nd that ~ey will a~d their i~ein shall w~rrant and defend the title to the same to tM said ~ MORTGAGEE, its succcssors and auigns, fwever againft the lawful claims a~d demands of all perwns; PROVIDED, AlWAYS tF~st if fhe NSORTGAGOR shall pay unto the MORTGAGEE the promissory note Fxreinbefwe described snd shall truly, promptly and fully perform, dixharge, ezecute, complete, comply with and abide by each and every the stipulstions, sgreements, conditioru and coven+nri of said promissory rate snd of this Mutgsge, then this Mortgage and the Estate hereby uested shsll u~ss and be null and void- IT IS UNDERSTOOD that the word "Mortgsgor" wFxtber in the singular a plunl anywhere in this Matpage, shall be sirgulu if one only and ~ ~Y shall be plu~al jointiy and teverally if more than one, aod that ihe word "their" ss used anywhere in this Mortys9e sF~all be taken to mean "hif;' "hen;' or "its;' vrherever tFx conteat w implies a adm~ts. Also, that wherever there ii a reference in th~ coven+nts ~nd ~reements herein contsined to ~ny of ~ ihe psrties hereto, the same shall be construed to mesn as well ss the hein, legsl representstives, successors snd auigra (either voluntary by act of the ~ ;x parties or involuntary by operatan of the law) of the same and rhat the covenaMS herein contained sMlt bind and the benefits and sdvantapes inun ~ ro rne respeciive neirs, iegai rapreuntatives, succeuors and au~gns of the parlEF: ~.,::s!~. ~ And said AAortgsgors, iw themselves and their heirs, legal representatives, successors and sisigns, hereby joinNy and severally tovenant and ayree ~ +o and with the said MORTGAGEE, iu succeswrs and assigns: 1. To p+y ell and iingular the principal end imerest and the various and sundry sums of money payable by virtve of said promissory note, and this ~ mwtgsge, esch and every, promptly a+ the days rapectively the same xverally become due. . 5~~ 2. To pay all +nd ~ingvlsr the taxes, sssessments, levie~, liabilitiet, obligations snd encumbrances of every nsture and ki~d now on said dewibed ~ property, w that hereafter msy be imposed, suffered, p~xed, levied, or sssessed thereon, a tFMf fiereafter may be levied u~sseued ~pon this Mort¢ age, or the irxlebtedneu secured F~ereby, esth and every, when due and payable, actordiny to Isw, befwe they become delinqvent, and befwe ~ny inter~tt ~ atraches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAIL 8E PROMPTLY SATISFIED ANO ~ISCHARGED OF 4^' ~ RECORD AND THE ORIGlNAL OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, TME TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSEO OR CERIIFlED) SHAIt BE PLACED IN TNE HANDS OP SAIp MIORTGAGEE WITHIN TEk DAYS NEXT AFTER PAYMENT; snd in 1}ie event that any thereof is not ~-i oa;d, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or my psrt fhereof without waiving or sffecting any option, lien, equity o~ ~ •~qht under o~ by virwe of ~his moregage snd the fuH amount of each ~~d eve?y such paymei~t shall be immediately due aod payable snd shall be+r interest irom the date tF~ereof vntil pa+d at rale o~ nine per centum per anoum and together w~th sucfi iMerest shall be secured by the lien of tb:s motgt~pe. ~:~4 ~ _ - e ~ ' _ ' _ ~ ~ ~ ~ ( _.,I _ ~ - _ rM_ ~ _