HomeMy WebLinkAbout2813 ~ i 8:3~:3 '
THIS INDENTURE. IWd~ th~ and d+y of ~PYii : 1~-D. 19_s.~ betwN~
Backus Hat~rpr sts Incorpo=at~d, a FloYida CoYporatiac~ _
af St• I~11C~~ ^ ~ County Florida. Iw~in+fta d~s7yna~ed as th~ "MORiGAGOR," and~FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE. • twporation orpu~is~d u+d txi~tinp urd~ ~M lann of iM Unit~d Sqt~s of Amtrka ~nd Mvinp in pr'~ndp+~ P~+u of
bwinaa in tIN Uty of Wrt P~uu, S1. luci~ CounN. f~aida• hHein~ha desipnat~d ~s tFr "MORTGAGEE." •
WHEREAS tM MORTGAGOR is juatiy iod~b~ed to ths AAORTGAG£E in th~ cum of ~ a7 ~ Z~• ~ ~ood +od lawfvl money of the Unlted
SutN advanced by ths MORTGAGEE vn~o th~ MORTGAGOR, ai evidenced by ~ certair? promiuory not~ of even data herewith, of wh~t1+ tM foitow~r+p i~
w«d~ and f~puns is • trw copr, to-w~t: ~ 10020759
27,200.00
Fort Pieru. fiaid~. ~Xil 2 19~4
for va1u~ ~aceived, 1, w~ w either of us, promis~ to p~y, without def~lcation, to the ordar of FiRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION OF
FORT PfERCE at Fart Pie~ce, Florid~, ths sum of i 27 •2~• ~ wi?h intereit from date at the rate of8• 75•,~, pe~ +nnum, in monthly insqlM
menh as fotlows: = ui oe the Z~tb d+Y of 19 74 +nd ~ like s~m on ths cwreapad~rp day of each ma+th ther~-
afte~ until the whok be fully paid.
E+ch iasaliment first shall b~ ~pplied in payme~t of tFa tnterest u~d then on tM ~npaid b~lu+ce of the princip~i wm. If def~uh is mad+ in the
payment of ~~y iratallmant when due, and wch defauh continues 30 d~ys. then at the option of the holde~. and without any othe~ notice. all the remaininp
ins~allmenb sha01 ba due ar+d payable at once. Privik~e ii yiva? to prepay thh not~ in whob or in patt st aeY tims without pen~lty. Neither forebearance,
na accepfsnte by 1M ho~du thereof after ~ny default in anY payme^b he+eon. sh+ll be deemed extauion. A late payment ch+rye of 12 0 th+ll b~
added to each imallment remaining w+pa7d 7 dari after its dw date, and a like sum shall be added to esch :uch installment remiining u~paid 7 d+ys afier
each sutt~eding paYmeM date.
E+ch m+ker, surety and eMlwser hereof, jointly and uverally, w+ives demand, presentment proteit and notice of protest fw ~onp~Yme^t, and funher
agreet to ury extensan of time of payment, either before w after mat~rity, without notice to sny of us; snd to pay all coat~ of cotlection, indudi~p a
reasonabk attornsy i fee in tM e~rent of any defautt hereunder, and hereby severally waives all benefit of homestead and exemption undet the coe~stihNioe
and laws of ~ad~ Stste of tM Uoited States, ~s sgairut this obligation a ~ny extension w renewal hereof.
BAiClQJS BN?SttPRISBS, INQORPORATBD
Wi ' ILi~!!~~oI~~ rh~•
(SEAU
~1~~~~~,.' BY: s/Rr~darick B. Guhs~, as Ps~s~t
~.~..._A~ ~
tr L^ N' tsEnU
e • • ~w.°~7 ~
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GAGOR for the pwpos~ ot sccvrin9 P+Yment of ~id sum of = 27 ~ 2~• ~ +~d ~ p~~msnce of th~
covenanft. ' ~ ~fta expressed, and for ~ven ~ood and wlwble coas~derations, by these preseMS. does 9?+nt, bu~ain, sell, ranise,
releas~, ooi4J}~r~7~A~~~ th~ MORTGAGEE, its succeuors ~nd auigns, all that ceruin lot. Pi~w ot P+rcel of l+nd. situate, ly'ug, and beirg in th~
. Lucie and Sut~ of Ftorida, dascribed +s follows:
County of
Lot 6, Block 1, TI~MAS SUBDIVISION, according to the plat thereof os~ tile in
Plat Book 9, Page 70, Public Records ot St. Lucie County, Florida,
I
. . . Q . . . . . ~ ~
~ s~. TAT ~F F L O R I D A 1 ~ oN a~ss ~ i~~sieiE~~
~~ry,
~ ~y DOCUM~NIARY .~'a;~STAMP TAa ~ PUt~W1tIT TO CHMTFR 7I-13t. I~Cfs Of 1911.
~ yr ~ DEVT. OF REVENUE ' 60GER POIiRAS
=~-9'lt ~ 4 Q. 8 O ~ ~RK CIRqI1T ODURT, Sf. LUC{E ~p~ F(/~ ~
e`n N = P.B. ~.~r-
~ p /1102 -
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rogsther with sll and iugubr tM tenements, hereditamenb and sppurtances therew~to belaginy o? in snYw~ +PPNt~~^~^9 ~etO• ~ all rents, issues,
procaads and profin aaruing ~nd to acvue from ssid premises, all of which are induded in the ~bovs +nd fore~oi^p descriPt~°^ snd h+be^d'i^w
TO HAVE AND TO HOW the abovs desuibed snd yr~nted premises unto the said MORTGAGEE, its waessors +nd +ssip^s forsva• Md t~
MORTGAGOR for its t~ein, executon, ~dministraron snd ~uigro, hertbY caveeunts with the ~+id MORTGA ~ts wo~
~hat Iswfuly seized of tha said premises in fee iwnple; thst the same u~ fre~, deu +nd d'achuped fran +N ~~s +nd ~^°ue~'
it is ~
brances in bw w in equitY, and thst it will snd iti hein shall warr~nt and defend the titl~ to Nw ssme to th~ s~id
MORiGAGEE, its successon ~nd +ssi9~?s. forever aga'x~st tM lawful daims and demands of all persan;
PROVI~ED, ALWAYS th~t if the MORTGAGOR shsll pay unto the MORTGAGEE the promissorY note M~ew~befo~e ~W''bed and sh+~~ ~M• a°~r
~ and fully perform, discharge, exetute, compkte, comply with snd abide by esch and every ihe stipulations, ayrea+eents. co~d'itioro +^d ~v~Ns °f said
4:!
~ promiswry ~ote and of this Nl~rtgaye, t}~en this Mortgsge and the Estate hereby ue~tcd ~h+ll uase and be null and vo ~c
IT IS UNDERSTOOD that the word "Mortyagw° wl+ether in the si~gular or plwal anywher~ in this Morty~pe, shall be siigular if on~ on1Y
shsll bs plural pintly and severally if mwe fhan one, and thst the wwd "their" as used ~nywhere in this Mw~~+y~ sh~ll be taken to mtsn "his." "F~s. ~
w"in." wherever tF+e context so implies w adn+in. Also, that whereva there is s mference in th~ cwen+nn md +~eemems here'^ comsu~d m~y d~
the parties hereto, the ~arrN sha11 b~ construed to mean as well as the heirs, kysl representatives, woceswn and assisro (e'~tF~ voluntary by ad of th~~
parties w involuntsry by opentan of the taw) of the s~me snd that the covenann her~in contaioed sh+ll bind ~r?d th~ benefits +nd +dv+^t+ye+ i~w~~~
to the respective he'vs, leg+l representatives, wcceswn +nd +u~yns of th~ parties hereto.
pnd ssid Mortyaqors, for themselves and their heirs, ley+l representstives, svccesso?s ~nd saip~s. hereby jointly and severally oovs~x?t and ~yree~
to and wirh the said MORTGAGEE, in successon u+d +ssiyns:
1. To psy all and singular ths printipal and interest +nd the vsriovs and sundry wms of moneY D+YaWe by virtue of said prom7ssory note. +nd this~ ~
mo~t9ape• esch snd ewry, promPtly o~ the days respectively the same severally become due. ~
- Z To psy_ ~II ~~d sinyvl~r the tsxes, auessmu+b, kvies, li~bilities, obligstian and encvrnlx+nces of e~erY ^+ture +^d kind ^°w ss'd da°''bedQ
P~oWnY• or tMt hereaher may be impwed, suffe~ed, pl~ced, levied, or ~ueued tl+ereon, a that hereafter m+y be kvied a~ssessed upon this N1orf~~
ege, a tfie indebtedneu secvred Fiereby, exh and.ev~ry, wMn d~e s~d payable, xcordinp to I+w. befor~ th~Y become delinquem, and befon ~+y interesl
attachet or any penalty is incvrred: ANp INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTII/ SATISf1E0 AND ~ISCHARGED OF
RECORD AND 7HE ORIGINAL OFfIC1Al OOCUAhENT tSUCH A5, fOR INSIANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHAIL 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITNIN TEN ~AYS NEXT AfTER PAYJNENT; and in the eveM th~t u~y thereof is not
pa~d, sat'sfied and dischsrged sa:d MORTGAGEE may at ~ny t~me pay the same or sny part thereof witFaut waiviny or affectirg any optioe. ~ieo. eWitY p
•~qht under or by virtue of this mortys~e and the full amoum of each and every wch p+ymeM shall be immcdiately due and payabk ~nd shatl bea? a~terest
~rom the date thereof umit psid at rste of nine per centum per snnwn and royether w~th wch interest shall be secwed by rhe lien of ~h:s morgtpe. ,
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