HomeMy WebLinkAbout2372 26191~ 4 .
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~ ~ ~ ~ lOth Auqust 73
TFiIS INDENTURE, Mad~ th~ day of A.D. 19_.... be?waK?
?homas L. Knott and Margaret V, Knott, his Mrife _
ti~,•~~ .
of SL. L11C1@ ~~~ty F~a;d~, har~;Mft~r daipr?at~d +i th~ "MORTGAGOR;' +nd FIRST fEOERAI SAVINGS AND IOAN
ASSOCIATION Of FOR1 PIERCE, a cwpor+tan orpanised and ~x~iti~p undc~ fM I~ws of th~ United St~t~s of MNrica and Mvinp.in pr~nc~pal P~•c. of
bv~irna~ M tM City of Fort Piac~, St. lvw County. Florida, h~r~inaftK d~~pnued ~s tM "AhORTGAGEE."
WHEREAS tM MORTGAGOR h j~ntly ind~bttd ro tM MORTGAGEE in tM sum of = 19 + 3~0. ~ , yood and lawfui money of the U~ited
States ~dvanced by tM MORTGAGEE un~o th~ MORTGAGOR, ~i evide~+ced by • ceruin promiuory not~ of ~v~n da~s !»rewith, of which ~M.foibwinp i~
wwds +nd fiyures i~ a Irw copy. 1o-wi1:
= 19 , 300 . 00 10020319
Fott Pie?ce, Ftortda, A~9ust 10, ~q 73
Fw value ~eceived, 1, we a either of ~s, prom~s~ to p+y, without d~fslcation, to tM order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE st Fwt Pierce, florida, the tvm of = 19, 300. 00 W;~h interest from date at ths r~te of 8• 9Yo ps~ ~nnvm. in mo~thly initall-
ma~~i ~i follows: = 174.~ ~ t~ 2~t~y of Septeuber !9 73 and a like ium on the cwrespond~n~ day of e`aich moMh the~~-
after untit the whote be fully paid.
Each inatallment firtt shall be applied in payment of the intprest and then on the unpaid balante of the pritx~p+l wm. If defsvlt is msd~ in the
payment of a~y irulallment when due, and iuch default con~inues 30 days, then at the opYron of the holder, and without a~y othN notice, all tF~e remaininp
~nst~llmenb shall be due and payable at once. Privilege is given to p?epaY this ~ote im whote w in p~rt ~t sny time without pe*~~Ity. Neitlwr fwebearu~ce,
nw acceptanta by the holder thereof after a~y default in aoy paymcnts hereon, shsll be deemed extension. A late payment char~ of s8'7O sh+l1 be
added to each installmertt remaininp unpaid 7 days ~fter in dw dale, and • like tum shall be added to eath such installment remaini~y unpaid 7 d+ri aftsr
each sutceeding p~yr?xnt da1e.
Each maker, surey and endwser Fxreof, join?ly and ~everally, waives dcmand, presentment protest and notice of proteat for nonpaymeM, and furthet
agrees ro any extension of time of payment, either before a aftcr maturity, without notice to any of us; and to pay all costs of coltection, inclvdinp •
reasonable attorney's fee in the event of any default hereunder, a~d hereby sevcralty waivei sll benefit of homestead and exemption ~nder the constitution
and laws of esch State of the United States, as ayainst this obligation or sny extension w renewal hereof.
Witneu the hand and teal of euh party.
$I ?~10~85 I.. KIIOLt (SEAI~
cs~?u
S/ Ma?rgaret V. Knott ~
(s~?U
~ $28.95 ) State Revenus
(9e~~poomrl~ orcariolo~~ar
p pose of securi ent of said sum of i s • . ~nd t!» perfa*nsnce of tM
NOW, THEREFORE, the NWRTGAGOR fa the ur ng psym 19 300 00
coven~nq and agreement~ hereinsfter expressed, snd fw dve?s good snd wlwble considerotwes, by these presenri, does gr~nt, barp~in, sell, remiae,
release, convey and coniirm uMO the MORTGAGEE,_ its successon and assigns, sll that certain lot, pieu ot pucel of tand, sitvat~, lyinp, and being in ths
~ SL. I.11C1@ and State of Fbrida, described as fdlowi: '
Beginning at the Southrrest corner of Lot 9, MARAVI[.LA SUBDIVISION, as
recorded in Plat Book 7, page 31, St. Lucie County, Florida~ run Bast
along the south line of said Lot 9 a distance of 170.0 feet; thence
on a back angle of 95° 04' as Qeasured from v~est to north, run northwesterly
49.0 feet; thence on a baCk angle of 170~ 40' as aeasured from south
through the w~est, run northerly 51.26 feet to a point on the north line
of said Lot 9~ said point being 125.63 feet east of the Northwest cosner of
said Lot 9; thence zun West along the north line of said Lot 9, 125.63
feet to th¢ Nozthwest cosner of said Lot 9; thence zun southwestezly along
the Meaterly line of said Lot 9, 109.58 feet to the point of beginning.?
~
E
~ ST E aF ~O~tDA ~
~ oZ ~ OOCUMENTARY~-:tSIAMP TAX ~
`'O OEPT.Of
REVENNf
~ ~ ~,P, G D ~N PAYt~E1'(i OF T11XF3
~ ~A - _ _ .~,2~•n ' ~ Y 8. 9 5 i r~vEO s-~------ ~~.~owu ~o~n4
~ P.~.
` ~ - ~ ; ~~~C2 ~ ' pUE ON CLASS 'C INTNtGI ~
P1IRSUANT TO CFIMTER 71-134. N~S Of lg~~.~,~
R06ER PO~~
p~nc a~rr aou~. s~. ~ac~ oo. fu
togeth~r with sll and singul~r the tenemenn, heredihmenn and appurt+nces therevnto belorginp or in snywik ~ppert+ini~q thcre% u~d all ren», iuws,
proceeds snd profin scuu~ng ~nd to xwe from said p+emi~es, all of which are included in the ~bove and fore~oinp destriptan ~r~d h~bendum.
TO HAVE AND TO HOlO the above described +nd g~anted premises unto the said MORTGAGEE, its waessors ~nd assiyro forwM. Md th~ sa~d
MORTGAGOR for t~ lr heirs, executon, administrators and assiyns, hereby coven~nb with the said MORTGAGEE, it~ wuestors +nd assiprr.
rhat - they aZe Iawfully uized of the said premises in fee simple; tMt the s~me ue fres, clear ~nd dischu~ed from all lisns and a++cum-
brances in law or in equity, and ths* they will and th¢1r Min shall wanant and defsnd the title to tM same to th~ sald
MORTGAGEE, its successors ~nd auigru, fwever agsinst the lawful claims ~nd demands of ~II perwros
~ PROVIDED, ALWAYS tF~al if the NIORTGAGOR shall p~y unto the MORTGACaEE tF~e praniuory note hereinbefore desuibed snd shall trvly, promptly
and fully perform, discharge, execute, complete, comply with and sbide by e~ch a~d evcry the aipulstions, agreeme~b, conditian and aoven+nb of said
~ promisswy note arsd of this Mortgape, then this Mortgage snd the Estate hereby ue~ted shall ceast and b~ n~fl and wid.
IT IS UNDERSTOO~ tMt the word "Mwtysgot" whether ia the ~ingular or plural ~nywMr~ in this Mortyaye, shall b~ si?pular if on~ only and
' shalt be plur~l jointly ae~d severally if more than one. ~nd thst the wud "their" as used anywfien in this Mortype shsll b~ hken to mean "his,'• •'hen:' (
or "its;' wherever the conteat so implies w admits. Also, thst wherever the~e is s reference in the covenams snd ~praemenb hereiem oonNin~d to ~Mr of ~
the psrties hereto, the ssme ihall be construed to mean as well as the heirs, le~al r~prescntativet, avaessors and astipns (either voluntary by act of tM i
parties w invotuntary by operation of the law) of the same snd tFwt the covenants herein contained sMtl bi~d ~nd the benefits and adv~ntapes imx~ i
- to tF~e respective heirs, 1e9a1 represem+tiret, wccessors and au~yru of the p~rtiei hereto. 5
And said klortysgors, fw themtelve~ and their hein, le9al represent~tives, iucceuors and auiqns, hereby jointly and sever+lly tov~n~nt and ayrte
to and with ths said MORTGAGEE, its wccessors a~d auigns:
~
1. To pay ~II and sing~lsr the princ;pal and interest ~~d the various and wndry wms of ma~eY p+Yabls by virtue of said promissory nor~, and tha ~
mortpape, each and ~very, promptly on the days respettively the ssme severally become due. ~
k
2. To psy all ~nd singvl~~ the tsxea. ~ssesunenn, levies, liabilities, oblpat~o~s and enc~mbrances of every n+tur~ and k4+d norv a'i s+id dauibsd ~
prope~ty, w that hereafter may be imposed, suffered, plxed, levied, or assessed thereon, or th~t hsreaft~? may be Isvied or ~~sud upon tFds Morq~
age, w tl+~ indabtedness secvred hereby, each ~nd every, when due and paysble, aaordirg to law, befon they becom~ delinqueM. ~nd befwt any int~rest ~
anaches w any penalty is incurred; AhD INSOFAR AS ANY 1HEREOF IS Of RKORO THE SAME SHAII dE PROMPTLY SATISf1E0 AND DISCHARGED OF J
RECORD AND THE ORIGlNAI OFfIt1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SA715fACTION PMER OfFICIALIY ENDORSE~ s
OR CERTIfIED) SHAIL dE PIACED IN TME HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event fhst ~~y thereof is na f
paid, sst'sfied snd dischsrged ia:d JNORTGAGEE may at any t~me pay the same or any p~rt thereof withovt w+iviny or affectiny any optioe, lien, eqvity or j
' ~~qht under w by virtve of this mortgaye artd tF~e full amovnt of each and every sucF~ paymenf shall be immediately due a~d payabk and slull be+r intertst t
- ~rom the date thereof ~ntil paid at rate of nine per centum per ~nnum and togetMer with ~uch interest sh~ll be secured by the lien of th:f morfltapt.
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