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HomeMy WebLinkAbout0608 . . . ~i'S.S~i: J . THIS INOENIURE, N4d~ the iith day of ~s~i A.D. 19 74 betwea~ Milton W. Baird and Marjori4 C. Baisd, his_witt of St Luci• ~y n~+: • Coun Florida, Fw~inaftN d~~ig~+ared roi''tM "MOitiGAGOR, ~r~!'~fIRST FEDERAI SAVINGS AND L~AN ASSOCUTION OF FORT PIERCQ a corporation oroaniuad and exiitinq v~der th~ laws o( tM Unit~d St+tq of Ameriu and h+vu+p 8s Pnnupal p~ac~ of buiinsa in tM City of Fwl Pi~rc~. St. luci~ Cou~ty. Fbrida, heninait~r dtspnat~d ~s th~ "MORiGAGEE." . . WHEREAS th~ MORTGAGOR is jvstly indebt~d b tM MORTGAGEE ie the sum o( =~~0~'O0 yood +nd ~awful mamy of ~h~ Un~~ed States advanced by the MORTGAGEE unto tFw MORiGAGOR, as svidenced by a tatain promissary ratt o~ even date hersw~th, of wh~th tFx fo{low~ny in wo~d~ snd f' ures is a trw copy, to-w~t: ' ' 10020789 : 90, 00 ~ tro FoA Pierc~. Fbrid~. AP! ~l 11 ~q 7~ For value received, 1, we o~ either of us, prom~se to pay, without defalcatio~, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOC~AiION OF FORT PIERCE at Fo?t Picrcc, Fbrids, the sum of S~~~~~ ~ w~th interest from date at the rate of 9• 2~ per annwn. N+ n+on~h~Y instal{- ments as foflows: i 92'~•~ p~ tFa ~Ot~t day ef MdLI 19 74 and • tike sum o~ fhe cwresp«+d~ng d~y of each monfh there- i after until the whole be fully paid. Each instal~ment first shall bs applied in payment of'the interest and then on the u~paid batance of the princ~pal sum_ H defauh is made in the payment of any installment when d~e, and such default continues 30 d~ys, 1he~ at the option of the holde~, and without anY othn not~ce, all the remainin9 ;nstallments shall be due and payable at once. Privilege is given to prepay this note in wlwle or in ~.r u+r W~~~+ ~^~~ry• 46 35 rence, nw accepta~ce by the hotde~ thereof after any default ie anY paYmentt he~ron, shall be dcemed e:tens~. A I~te p+Y~+~^t c~9~ ' sh+ll be added to each installmem remaining unpa~d 7 days aftpr its due date, and a like sum shatl be added to each iuch instaltment rema3ning unpaid 7 daYs after each sutceeding payment date. Each maker, surery and endorur hereof, joiroly and severslty, waives drmand, p~esentment protest and notice of protest for iwnpayment, and fuqher agrees to sny extension of time of payment, either before a after maturity, witFwut notice to sny of us; snd to pay costs of colleaion, includ~ng + reasonable attorney i fee in the event of any defaoit hereunder, and hereby severally waives all benefit of homestead and eae+nptlon under the ca+st~h+~ion a,id laws of each State of the United States, ss against this oblgation w any e,ctensan w rrnewal hereof_ Witness the hand and seal of each party. • (SFI?U s/Milton W. Baird csEau t5~?U s/MazioYie C. Baird ~s~e?u ~ ~ 13S ~ 00 ) State Revenw K~.,wp~sw+~sil.d-«~-o.~liws4 wM.~ " NOW, THEREFORE, the MORTGAGOR for the pu~pox of uturing paymenf of said sum of =~~~0' ~ u+d P~~^~+~ covenants a~ ~reements hereinafter expreued, and for divcn good and valwble cons~deratio~s, by thes~ presents. does yrsnt, bary+in. sell, rem~se; release, convey and confirm unto the MORTGAGEE, its" successors and assigns, ell that certain bt, pieot or parce~ of ~+~d, ~itwte, lying, and be~rg in ths Counry of St. Luei! snd Sate of Fbrida, descr+bed ~s fdlows: ~ ~ ~ [.ots 1 and 2, Block 1, GLIDDBN ?BRRACB, as per plat theraof on f ile in Plat Book 7, page 47, Public Records of St. Lucie County, Florida, ~ ` . ~ `~Q*~N~ ~9~'o"''~y ~ ~ ~ i ~ ~ STATE oF FLQ I~~"~~~''~~ f~ ~ DOCUMENTARY = R!Q'~ , ~Y~r,~~ t.~ ~ K~ ~ DE~T.OF RE- yE UE~ .~;STAMP ?11 X ~ ~ v- ~~S ~ 1 t ° ~°'c~` ~ p ',P2_~:`''s~:-.~~• 135.OOj ~ ~ ~ ~ a ~ ~ ~ ~ ~ rogether with all and singular the te~cmentt, hereditamenri +nd sppurt~nces tMerevnto belagi~g or in anywise appeA~inin~ thaeto, and all rcnts, iasues, ~ proceeds and profits xuuiny and to sccr~e from said premises, all of whi~ ue includeJ in the ibove snd faeyarg description and habendum. TO HAVE ANO TO HOID the above dewibed and 9nnted premises unto tt~e said MORTGAGEE, its wocessors a+d sfsgro forever. Md the ss'd their ~ MORTGA R for hein, executon, administnton ~nd assgns, 1?ercby aovensnb with the ssid MORTGAGEE, iti si+ccessws and +ssgro• ~ ~iey are ~ rhat - tawfully seiud of the s+id premises in fee simple: that the ssme u~ free, ckw and discharyed fran ~II lier?s snd enc~wr? ~ brances in law w i~ equity, and thst t~ey will srd th~i= hein shall wur~nt snd defend th~ titlt to the s+m~ fo the s+id MORTGAGEE, ita succeuors a~d sugns, forever against the Iawful claims and demands of all pe?saa; PROVIDED, AlWAYS thst if the MORTGAGOR shall pay uMO the MORTGAGEE the promissory note hereinbefore desaibed snd shall m+ly, prornpt~Y and fully periwm, dixhargs, txecute, complete. comply wirh snd abide by exh and every the stipulatiau, ~qreernenri, conditions +nd covensnts of said promiisory nott ~nd of this Mortgsge, thcn this Mwtgage and the Estate hcreby uc+ted ihall cess~ and be null and wid- IT IS UNDERSTOOD thsl the wwd "Mortgsgor" whetht? in the s~ngular a plur~l anywhere in this IYlortyape, shall be sinyular if one only and -3 shall be plural jointly and severally if more than one, snd that the wwd "theK" as used anywhere in this N~wt~spe sh+ll be take~ to mean "his:• ••has•• or "its;' wherevet the context so implies or admin. Also, tMt wMerever there is a reference in ttw cove~ants and +greemenb he?ei~ oomsined to ~^Y of ;p the parties hereto, the ssms shsll be construed to mean ss well as the hein, kgsl r~esentatives, wocessws ud suiyro (eilhe* voluntuy bp acl of the ~O ~ parties or involuntary by operation of the Isw) of the ssme snd that 1he covenants hertin tontained sFWll bind and the benefits and advant~yes inwe po~ ro thr respective heirs, legal representatives, successors and au~gns of the psrt~es hereta. at - qnd ~asid Mortysgors, fo~ tFKmselves ~nd their he'as, teg~l represenutives, wccessors aed ~uiyro, hereby jointly and severally cw~nant snd syree ~ = to and witFr'the said MORTGAGEE, its succeuors and auigra: ~ 1. To psy all ~nd sinpular the ~.rincipal and interest and the v~riovs and s~n~y svms ot money paYable by virt~+e of said promiss«y not~, and this ~ ?z mortgage, each snd every, promptly on the days respectively the same severallr becw~w due. ~ f 2. To pay all ~nd sinyvlar the taxa. ~ssessments, levies. lisbitities, obligsians ~nd encumbrsncea of every n+nxe and kind now on said dewibed s property, or that hereah~r may be impo~ed, suffaed, placed. levied, or assessed thereon, a that hertafter may be levied a asessed upon tFds Morlg ~ age, a ths indeb+edoess ucured hereby each and evsry, when due s~d p+yabte. acco?dirg 10 law, before they became delirquent, and befwe a~y imeres~ attathes d an nal n incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORD TME SAME SNNLI BE PROMPTLY SATISFIED AND ~ISCMARGED Of ~ YP~ h~ ~ =y3 RECORU ANO TME ORIGINAI OFfICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RfCE1PT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSEO O OR tERTIFlED) SHAII BE PLACED IN THE HANDS OF SA~O INORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the eveM that any the~eof is no~ /1w : J-' paid, sat"sfied snd discharged sa:d MORTGAGEE may at any time pay the same oi sny part thereof witFwut wsiving or affecting a~ryr option, lien, equ+ty w w •ipht under w by virtue of this mortga9e and the (ull amount of eath and every such psyment shall be imrned~atel~ due and psyabk ~++d shall bear inte~est ~ ` ~.om the date theteof ~nfil paid at rate of nine per ceMum per annum and together with wch inte?est shall be secwed by the lien of th:s moryta9e_ 3 t=~i ~ _ - - - _ - + _ _