HomeMy WebLinkAbout0494 ~ ~ ~vV
THIS INDENTURE, AA~dt th~ 19th ~y p( ~dYCh L , A.Q. 1974 •be?w~e^
Carlis Moraan and Patricia B. Morgan, his wife '
of SL. j.LtCl@ Cpur?ty F{wida, fiercinafte~ dcsyRared as the "MORTGAGOR:' a~d ~~RST FEDERAI SAVIN,r,S AND IOAN
ASSOCIATION OF FORT PIERCE. • cwpaatan org~n[sed ~nd ~a:sr~ng w+de~ fhe laws of tAe Un.t~d StaNS a~ M+erica and having its principal placa of
busi+ieu in the City of fort Pi~+cs. St. luc:e County. Fbrid+. hercL++ftc~ des~9^+~ed +s rh~ "MORiGAGEE.••
WHEREAS th~ MORTGAGOR is ivatly i~dcbted w tM 1NORTGAGEE in ~he sum of S 33 ~ . 90~ a^d lawful mo~ey of the Un:ted
Statrs advanced by the MORiGAGEE unto the MORTGAGOR, u ev~denced Ey a ceru.n promiswry oo~e of e+en date herew~th, of wh~ch the following in
wwds and f' ures is a true copy, tow~~: ~ 10020706
~ 33,00~.00
ro.~ P~. Fi«~. March 19 ~y 74
- Fw value received. 1, we or e~ri~er of vs, prwn+se 1o y, withaut dcfafcat~an, to the ordrr of fIRST FEDfRAI SAVINGSS AND LOAN ASSOCtATION OF
FORT PIERCE at Fat Pierce, Flor+da, the sum of ~3 w.th ~nreres~ f?om date at the rate of 8~~~o pN annum, in monthly install-
ments as fol!ows: S 272•~ on the 20t~1 ~y of AP=il 1974 and a like sum on the cwresponding day of each monlh therr
after until the whofe be fully paid. '
Each insta:tment first shal! be app~~ed WY^+~~ of ~he interest and rhen on tF+e unpa~d balar+ce of tFe p.~~c~pa~ sum. If default is made in the
payment of any instatlment when due, and wch defavi~ canr~rwes 30 daYs. then at :he oprwr+ of the hotder, and without any o~ner r?otice, all the remaim~g
installments shail be due and payable a~ once- P~iviiege is given ro prepay this note in whole w in part at +nY nme without penatty. N13.6O bearance,
nor scceptance by the he:der thereof after any defauit in any, parme^K t+ereo^, sh+j~ be dee"'~d ~x~~iO^. A late payment charge of S shall be
added to each installment remain:rg unpa~d 7 days after ib due date, and a~~ie sum s?w~l be added ro each such insratlmem renwining unpaid 7 days after
each succeedirg paYment date. .
Each maker, wrety and endwse? he+eef, pintiy and severatly, waives de.~and, p~csenrment pratest and notice of protest for no~payme*+t, and further
agrees to any eatensioo of time of paynxot, erthc. brfwe or after mawr~ry, wiiiw~t not:ce to any of us; and ro pay all costs of cotlection, indud:ng a
reasonable attorney's fee in the event of any defau:t hereunde~, and lxrebY se~cra:ty waives all benef~t of horncstead and exemption under the constitutio~ i
and laws of rxh State of ~he United S~atcs, as aga+nst this oblgatan or any cz:ensan or ~e~e+tial fKreof.
Witness fhe hand and seal of tuh party.
(SEAI)
. - s/Carlis Morgan ~~,i~
(SEAL)
s a~ric~a rgan ~
~ $49. 50 ~ State Revenue - ' ~
Rts~pa iarwsl!-'`~-~r= ~w~i
Pu?Pos~ A9 WY 33, 000. ~ and the rformance of the ~
NOW, THEREFORE, the MORTGAC,OR fw the of secvri ment of ssid swn oi S ~ _
covenants and sgreements hereinafter eapressed, and fw d~vers qood and valwbte cons~deratiw~s, by thex presents, does grant, bargain, :efl, remise,
relcase, tonvey snd confirm uNO the JNORiGAGfE, ~K wccessws ~nd assgns, atl that certai~ iof, piece a parcel of land, situate, lying, and being in the :
~~~y $t. Lucie and State of Ffw~da, desc+~bed +s fdlows:
Lot 8[.BSS South 146 feet and the Bast 25 feet of Lot 7 LfiSS South 146 feet,
Block 2, WHI?B CITY BSTA?ES, as per plat thereof on file in Plat Book 9,
page 48, public records of St. Lucie Couni;~, Florida,
.t STAT'~ ~F FLrJR~D~ ~
r~` DOCi1MEN'ARY~-~-•;~SZ~.MP Tt.>' ~
v 7E~: .Ji aEYE~iUE . '
Q= -..~2~ ~a ,~~+~~~..`j ` 4 9. 5 U 1
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( f~ O ~rt1:7~1__ .
~ IN M1111DR ~ TAI~a
OtE ap ~SS 'C' INTAN61etF rfRSQxAI ?Ie~ri
P1W~MiR 10 dilVtiR 71•l3t. ACIS Q 1~11. ~
~GER bfTRAt
DaI G~CWT OOIIIYf. ~T. WI.IE 00, FTA.
togetF+N with ~II and singular the renemenss, 1~e*ed~tarnmts and aPPu•t+^ces the*n'^~° be~°"9'^9 °r ~^Y'""x ~PP~t~'~rg thereto, and aU rents, iss~es, ?
proceeds snd prof~n xauing and to xcrue fran sa~d Pre~n:s~s. a!1 of wti~ arc inc4ided in the ~bove ~nd fwegoing dexription ~nd habendum. -
TO HAVE AND TO HOW the above desu~bed a"d 9'a"t~d Pr~^"ses ursto the said MORTGAGEE, its wccesso~s and sssigns forever. And tha said
MORTGAGOR fw their ~~n, ~x~~ ~,,,~traro.s u~d sssgro, hereby covenann with the said MORTGAGEE, its s~?ccessws ~nd ~ssiy~u,
that th- e~I `7Ye - tawfu~ly se~zed of the said pe~n~ses in fee simp[e: Mat the same ue free, cku ~nd discharged f?om all liens and encvm-
brar,ces ;n bw or in equ~ty, and that they their ~;n wx~ant and defend the title to the same to the ssid
MORTGAGEE, its svccessors and ~:sgro, forever against d+e lawfvl claims and demands of all persons;
PROVIDE~, ALWAYS th~t if the AhORTGAGOR sha11 pay unw the 1Y10RTGl?GEE ?he Prom+sso~Y note hereinbefore dexribed and shall trvly, promptly
and fully perform, d~schs.ge, e=ecuse, compkte. con+pl~r with ar~d ab+de by each and erery the stipular'ans, agreemenn, conditiau and covensnts of said
prom~ssory note and of th~s Mortgage. t1ro*~ this Mwt9a9e u~d the htate hereby neated shall oesse and be null sod void.
IT IS UNDERSTOOD thst the word "Mortgsgor" whether in the s~ngulx a p1w+1 anywhere in this Mortgage. shsll be singular if one only and
shall be plwal jointly and severally if more thsn one, s~d that tfie wad "the7r" as used snywhere in N+~s Mo?tg+9e sh~U be taken to mesn °his:' •'Men••
a°its;' wherever the cw+te:t w implies or admia- N1sa, th~t whe*eve* therc is a reference in the covenan~s +nd a9reements Fxrein contained to sny of _
tl,e parfies hereto, the sar++e shall be co~strued ro mea~ as +nei! ss the heirs, kgal representatives, succesaon u+d assig~s (either volunrary by act of the
psrties w involunt~ry by ope?atan of the law) of the same and rhat the cove+wnts herei~ contained shall bind and the benefits and advantsges inure
ro the respective hein, kgsl represtntatives, successon and ui~gns of the parr~es hereto.
qnd ssid Mortgagors, iw themseFves and the+r hein. k9i~ ?~Presentat;ves, successors snd assigrn, hereby jointly and severa!ly covenant and agree
ro and with the said MORTGAGEE, its successon ar+d +:s~9ns: ~ •
1. To psy all and sirgvlsr the principal xd imerest a~d the vxious and sundry sunea of mo~ey paYabk by virtue of said promisswy rate, and tl~is
mortg~ge, esch snd every, prornptly o~ the days respectively the same severaliy becane due.
2. To pay all ~nd singular the a:es, assess~ne*+~s, kvies, liabilit~es, oblgatans and encwnbru+ces of every nawre and kir?d now on ssid described
property, a that hereafter may be imposed suffered. P~aced. levied. a sstessed the*e°^~ a tF»t hereafier may be kvied or aasessed upon this 11Aortg- i
age, a the i~debtedness sen,red hereby each and every. when due and payabte, aocwd~=g so Is~w, betae they become delinquent, and before a~y interest
attacFxs o~ any penalty is incurred; AND INSOFAR AS /?NY TREREOF IS OF RKORO THE SAJNE SHAII 6E PROMPTIY SATISFIED AND DISCHARGED Of
RECORO AND THE ORIGIhAI OFF~CIAI DOCUMEP(T lSUCN AS. FOR INSiANCE, THE TAX RECEIPT OR THE S/lT15fACT10N PAPER OFFICIAIIY ENOORSED
OR CERTIf1ED) S~ll BE PtACED IN THE HANDS OF SA~O 1NORIGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
paid, sat'sfied and discharged sa:d MORTGAGEE may ar a~y r.me pay the.same o? +nlr W~ ~he?eof without waivirg or affecting any option, lien, eq~ity p
.~qM vnder or by v~rtve of th~s morrgaqe and rhe full a++~w~r of exh and evcry six~ pay~*~en~ shs~~ be ~mmed'utely dve and payable and shall bear i~teresr
~rom the da~e thereof untif pa~d a+ ra+e of n~ne pe+ cc.+rvm per anrnwn af+d roge~e~w interest red by the lien of th:s morgtage.
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