HomeMy WebLinkAbout2896 • tiVUlv~
THIS INDENTURE, Mad~ tM 27th day of July ~~p. ~g~3
William Hollaway.,._ a sinQle adLlt
of St. Lucie ~p~nfy Florid~, hs~~inafttr dtap~ated aa f}» "MORTGAGOR;' ~~d i1R5T FEDERAL SAVINGS AND LOAN
ASSOCU110N OF FORT PIERCE. • cwpaaYwi? orqanized ~nd txa~inp u~ th~ laws of 1Fr ~oit~d StaNS of. Ar~wiur and havinp it~ principal pl~c~ of
bu~u in th~ Ciry of Fat PiKU, S1. lvcts County. Flwida, Iwr~in~ftK daipoat~d ~s tM ~YNORTWIGfE."
WHEREAS tM MORTGAGOR b jwNy ind~b~~d ro tM MORTGAGEE in ths wm of i 14 , 600 .0~ pood and lawful mon~y of ~he Un~ted
S+stss ~dvanced by the MORTGAGEE unto tM MORTGAGOR, ai evidenced by a certain promiuay oot~ of ~ven d~te her~with, of which tM followirp i~
wordt and fiqurq is a trw copy, to-wil: .
= 14 • 6~~ . ~U wp? 1?Q?-Q245
iort Pl~m. Fbrida. =7u
lv 2 7 19_.1~.
Fw value received, 1, we w either of us, promix to pay, witho~rt defalcation, to ths order of FIRST fEDER/LL SAVINGS AND IOAN ASSOCIAT1pN Of
~ FORT AlERCE af Fo?f Pierce, Florids, the sum of = 1~~ ~ ~ w;th interest irom date ~t tM rate of ~..~_°Xa pe~ annum, Irs month~y iasl~ll-
v menls as foltowt: =-132 . on the ~~day of Sentember , ~q1~ ~ like sum on the cwr~sponcl~ng day of each month tl+err
~ a(ter until the whole~be fully paid.
\ E~ch inshllment (irst ihall b~ a bed in ment of the interest ud then on tM un rd balanu of !he ~nd 1~um. If default b msd~ M ths
M PP ~ WY P+ W W
~ payrrKM of any irutallment wl?en due, and such defauM continues 30 days, then ~t ths option of ths holda, and without ~ny other notice, all the remsi~ir~
.r~ insullmenb shall be due and payable at oncr. Privilege is piveo ro prepay thia note in whole w in put ~t ~ny time without ~ulty. Neither faebearu~ce,
rw~ +tt tance b the holder thersof after an defauh in an ts f+erew~, ihalt be deemed exfension. A late g~
~P Y Y Y WY^~^ paYm~nt tMr of shall b~
~ added to each installmen! ?emain;ng unpaid 7 days ~fter its dw date, and s like sum shall be added to each iuch irutallmeM remainuq unpsid 7 days aher
~ each sucteeding payment date.
Each maker, surety snd endwse~ hereof, jointly and sevenlly, wsives demand, p~ex~tment protest and notic~e of protest fo~ rwnpayment, snd further
agreK ro any extension of Nme of payment, either before or after maturity, without notice to any of ui; snd to pay all costs of collection, inclvdinp a
reasonsble attorncy's fee in the event of any defsult Fxreunder, sr+d hereby seve?aily wsives all benefit of homeatead and exemption under the cautihrtion
S and laws of each Su~e of the Unitcd Sta~es, as against this obligation or any extension o? renewa! hereof.
~ Witness tF~e hand and seal of e~ch party.
,r S/ William J. Hollo~~y, a~q
single adult ~
" csEwu
! $ 2 Z. 9 ~ ) State Revenue ~U
~ ~iS~3i81~iiE8~B~)
NQW, THEREF4RE, the MORTGAGOR fw the purpose of securing payment of s~id wnn of = 14, 600 _ ~a~~e of th~
coven~nri and sy~eemenn hereinafte~ eap?eued, and fw divera good u+d v~lwble considentiora, by t}~ese presents, does yrsn?, b~r9ain, sell, remise,
release, conrey and conf'am unto tF~e MORT6AGEE, ifs succe:sors ~nd ~ssigns, atl that ce?tain b1, pieoe w pucef of land, aituate, lying, and beinp in tM
County of $t. ~11C1e and St+t~ of florida, dewibsd as fdlowr.
Lot 45, Block 45, RIVER PARK, UNIT 5, as recorded in
Plat Book 11, Page 31, of the Public Records of St. Lucie
County, Florida.?
~
~ ~T TE oF FLQRtt~A }
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~ together with al) and iingular tf~e tenements, herediaments ~nd ~ppunancet tik~evnto befongin~ or In anywise appertainieg there% ~nd all r~nq, issues,
~ proceeds and profits sccruing ar?d fo sccrue from said premises, all of wFi~ are included in ihe ~bovs and foregoirg dewiption ~nd h~bendwn.
j TO NAVE AND TO HOLD tl?e ~bove described a~d granted premisea unto the ~aid MORTGAGEE, its urousson ~nd usipro foreva. Md th~ said
! MORTGAGOR o~ h1S ~;n, execvton, administraton and +
. f asigns, hereby cov~nsnh with the s~id MORtGAG£E, ih s~xcetson and miprr.
° rhat -~-1$--- Iswfu~ly xized of the said premises in fee simple; tFut the s~me art free, cte~r ~nd diach~r~ed from all Ifens and ~ncum~
€
brances in Isw w in equity, and that
h~: will and h 1 G Mia shaN warrant and defend the titls to 1he sam~ fo th~ wid
~ MORi('iAGEf, its successws and assigns, fwever ag~inst the lawful clsims snd de+nands of all perwes;
~ VROVIDED, ALWAYS that if the MORTGAGOR shall
paY umo the MORTGAGEE the promissory not~ hereinbeforo dewibed ud sh+ll truN, promptly
and f~lly pe~fwm, dixMr9e, execute, compkte, comply with and ab~ds by e+ch and every the stipularions, sqreemenn, conditiaa and coven~nts of said
promissory note and of this Mwtgage, then tAls Mortgsge snd the &tste hereby veated shall cease ~nd be i+ull ~nd void.
IT !S UNDERSTOOD that fhe word "Mortyaya" whether in the singuiar w plw+l ~nywhere in this Matyape, shsll b~ iugular if one only ad
shall be plural jointly and sever~lly if mwe thsn one. ~nd tMt tF~e wwd "their" as used anywhen in this Morty~pe sh~~i be t~ker~ to mean •'his,•• •'Mn; ,
or "iri;' whereve~ the context w implies or admits. Alw, that whereve? there is a referaxe in tl~e coven~n and ~greements herein contai~+sd to amr of
the panies tiereto, the iame shatl be construed to mean as well as the Mein, le9al representatives, succeuora a~d aui~ra (either voluntuy by ~ct of tM
! parties or involumary by operation of the law) of the same and that ~he covenann herei~ conained sh.fl bind and tht benefiri and advent~es inw~
? ro the respertiw he'us, legs! representatives, wccessors snd sss~yns of the p+nies hereto.
f And said Mortgsgors. fw themselves ~nd their hein, lega) represcntatives, successors and usiyrss, hereby jointly and sevatally cov~nu~t ~nd apr~e
!o and with the aid MORTGAGEE, it~ succe~sors and suigns:
; 1. To p+y all ~nd sin~ubr the princip~l aod intnest ~nd the wrious snd sundry wms of money payaWe by virtve of. ssid promissory note, snd this
mortgape, each ~nd every, promptly on tM days respectively the ss.me severally becorne dw.
~ 2 To p~y atl and sirg~t~r tt~e taxes. ~siesunenn, levies. lisbilit~es, obligaYwrn and ~+?cwnb~anus of wsry narure and kind now o~ saW deicribed
s Property, w thst hereafter may be imposed, suffered. Placed, kvied, or assessed thereo~, p 1IMf INfNIfK may b~ levied a~s~ea~ed upon tF~is Nbrtp-
; e9e, or the indebtedne~s secv~ed hereby, exh and every, when due ~nd pay+bl~, accadinp to law, befon they becoms delinqvcm, and beion ~mr infa~st
? attathes or +ny penahy is incurred; AN~ INSOFAR AS ANY THEREOf IS OF RECORO THE SAME SNAII 6E PROMPTLY SATISftED AND OISCHARGfD OF
` RECORD AND THE ORIGIHAL OffIC1AL DOCUMENT (SUtN AS, FOR IN5IANCE, THE TAX RECEIPi OR iHE SATISfACTION PAPER OfFIC1AllY ENDORSEO
5 OR CERTIFIED) SHAII BE PtACED IN THE HANDS OF SAIp MORTGAGEE WIIHIN 1EN DAYS NEXT AFTER PAYMENT; ud in the w~nf thit ~ml thereof is not
~ paid, sst'sfied ~~d discharged sa:d MORTGAGEE may at sny time pay tF~e same or sny pan thereof witlaut waivirg o~ affectinq any optan, lien, pvity a
•iqhr unde~ or by virtve of this morlpiye and the full amwint of each ~nd every wch p~yment shsll be immedi+tely due and paysble a~d shall be~? infKest
k ~•om tbe date thereof vntil paid ~t rale o( nine per tentum per annvm snd toyet ~r~ nter~tt ~r~d by th~ lien of th:s motptap~.
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