HomeMy WebLinkAbout1776 . 2so3~~~ , ~
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t' 19~h d~ of A.O. 1974 _ berw~en
THIS INDENTURE, Mad~ IM Y r
of St . I.~1G1 C ~p~~~y p~~;da, Mraina(~er dcign,~ed +s IM "MORTGAGOR;' and fIRST .FEDERAL SAVINGS AND IOAN
ASSOCIA?ION OF FORT PIERCE, ~ co~pwation or9+~ized and existinp unda~ t!» laws of tha~Lnited S~+t~s of Am~rica and Mvinp itf principal plac~ of
buun~a {n tM City of Fo~ PiKC~. 51. l~cie County. Flo~ida. hertinah~r desi~n~ted as 1M "MORT(iAGEE." .
WNEREAS tl+~ MORTGAGOR is justly indsbt~d ro th~ MORTGAGEE in the tum of : 20 • and lswful money of the Un~ted
Statei advanced by the MORTGAGEE unto ths MORTGAGOR, as avidenced by + certa~n promissory note of e~en da~e herew~th, of which th~ totlowiny i~
wordi and figurss is a trw copy, towit: t 0~_
s 20,000.00 April k9, 19 74
Fat P1erc~. Flwida.
Fw value received, I, we ot either of us, promi~fj to~° without defalca~ion, to the order of FIRST FEDERAC SAVINGS Ah1D LOAN ASSOC~ATION OF
2" f"~ • w~th interest irom date at the rete of 8• 7So pe+ annum, in monthly install-
iORT PIERCE at Fort Pierce, fbrida, the sum of i
men?s as foltows: S ~65• 0O --~~~'y of 'jul~( 19~4 ~^d + ~'k° sum on the cwrespond:r~ day of each momh there-
afre~ until the whole be fully paid.
Each installment first ahall ba applied in paY~~t of ths i~tere~t and the~ on the unpaid balance of the prirx~pal sum. IS default is made i~ fhs
payment of any instaltment when due, and such default co~tinucs 30 days, .then at the oplion o4 the holder, and without any other notice, all the ~e~~~~~9
~nstallments shall be due a~d psyab'e at orxe. Priv~~egs is given to {xepay this note in whole ot ie+ part at sny time without pena~ty. Neitha forebearance.
nor acceptance by the holder thereof after any default in any payments hereon, shsll be deemcd ex+ensio~. A tate paymenl charge of S 2S st+~~~ ~
added to each inatatlment remaining unpa~d 7 days after iq due date, and s like sum shall be addsd to each such instaltme~t ~emaining unP+~d 7 days aftet
eath succeeding PaYment date.
Each maker, su~ery snd endo~ur hereof, jointly snd uve~+~~y, waives demand, p~esentment protest and notice of proteat fw nonpayme~~. and further
agrees to a~y extensio~ of t~me of payment, eithe~ before w after maturity, without notice to any of us; and to pay all costs of collection. indud~rg •
reasonable attwney's fce in the event of ar+y default hereunde?, and hereby severally waives all benef~t of homestead and exemption under the constitution
and Iaws of each Slate of the Un~ted S~ates, as against this obligation or any extension a r~newal hereof-
Witness the hand and seal of each party. S~ B. fi. W1111d1DS
(SEAU
. (s~r?U
~ ~Yi S u iA1i 7liamc (SE/?L)
15E~'?U
$ 30 . O~ ~ State Revenue '
20 000.00
NOW, THEREF~RE, the MORTGAGOR fa the purpose of xcuring payment af said sum of = ~ and the perf«m+ncs of the
covenents a~d agreements here+nakcr expressed, and fw divers good and v~lwb~e considerat~ona, by these p~esenn, does g~ant, bar9sin, sell, remiu,
release, cor+vey a^~ confirm untp the MORiGAGEE, its s~ccessws and suigns, ell that certain lot, piece or p+rcel of land, situate, lying, and be+ng in ~hs
County of Jt . Luci e ~ State of Fbrida, dewibed ~s follows:
~~eginning at the N.W. corner of Sec. 15, Twp. 37 South, Range 38 East,
thence N. 87°06'45" fi. a distance of 50 ft. to the centerline of Carlton Rd.
thence South along said centerline a distance of 1317.35 ft. thence North 87~
45'30" East a distance of SO ft. to the East RIGNf OR WAY. Thence continue N.
87°45'30" East distance of 2234.75 ft. to P. O. B. thence continue E. 309.25ft
thence South 45°15'24" East a distance of 416.27 ft. to the N.W. RIGHT OF
W'~Y of the Glades Cut-Off Rd. thence South 44 44'36" West along said RIGNT
C~F WAY A distance of 239 ft. thence Ivorth 45°15'24" West a distance of
i 631.03 ft. to P.O.B. containing 3.1 acres more or less. All being in St.
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~ I,ucie County, Florida.
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~ ~ ~ _STATE ~F FLORi~~ ~
~ ~ DOCUMENTARY~`' ~ STAMQ TA
- OEPi.OF REYENUf
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} s~ O. n O' • C~ ~ IN PAYMENT OF 7AXES
C 4~ ~ ~t~2~~7~ ~ ~ f~CYL~
~ r, ~ P.e. ' V 'C IMTAN6IBLE PEA90NAL PROPfRiY~
_ ~1~42 ...,,~,.s' DUE ON CIASS
~ ~ ~ PURS11A1(i TO CHAP~ER 71-134. AC1S OF 197~. ~C
~ ROGER POITRAS
~ q„ERX CIRWIT ODURT, ST. WCIE 00.. FlA
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~ together with all and singular the tenement~, hereditamenri +nd eppurtances therevnto belongirg o~ in +r?ywise aPP~rt~i^irg thereto, +nd re~ts, issues,
~ proceeds and profits uauing snd to acvue from said pr~n+ises, all of wFiKl? are inclutled in ths abovs snd foregoiny description and h+bendum.
TO HAVE AND TO HOLD the above described +nd 9ranted {xen+~ses uoto the s+id MORTGAGEE, iri s~aessws u~d +uip^s fa~~• ~ t~ ~
~ MORTGAGOR fa theiZ ~~~s, ex~ut°n, sdm,nistraton and suigns, he?ebY covens^ri with the said MORTGAGEE, in waeswrs u+d +ssi~ro.
~ ?hat thev dre _ tawfully seized of the said premises in fee simple: that the same ue free, cle+r and discMryed from all liem u~d encum-
~ bra~ces in law w in equity. and thst
thQr_ will and 1lPi r hein shall warrant and dafend the title to the sams to ttw said
MORTGAGEE, in successors and suigns, forever against the Iawful claims and demands of Per~oe?s%
PROVIDED, AlWAYS thst if the MORTGAGOR shalt p~y unto the MORTGAGEE the promiswry note here~^befa° ~ruly, promptly
and fully perform, dixharge, execute, comp{ete, comply with and sbide by each and every the stipulatiau, agreemeMS, conditions and tovensnri of said
promissory note and of this Mortgsge, then this Mortgsge ~nd the Estate hereby veated sh~ll ce~se and be +~d void• j
IT IS UNDERSTOOD tMt the wad "Mortgagoi' wFKther in the singular w p1ws1 anywhere in tfiis Mwtg+~e, sF~all be si~pulsr if one o~ly u~d
- shall be plural iointly snd ~everally if mwe than one, and that the wwd "their' as used anywhere i~ this Mortgage shall be taken to mesn •'his,•• •'hen
w"its;' wherever the context so implia or admits. Also, that wherever there is a reference in the covenants and agreemenb herein contained fo a~y of
- the parties hereto, the ssme shall be cantrued ro mean as well as the hein, ley+l representativa, succeuors +nd auigra (either voluntery by act of the
f pahies or involuntary by operation of tFx lawl of tFx same snd that the coven~nb he~ein contsined shall bind and the benefiri and advantpes inure
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to the respective he'us, legal rop?esentatives, successon and au~gns of the ps?ties hereto.
ti:.,,~ pnd ssid Mortgagors. {w themulves and their hein, legal repcesentatives, wccessors ud sssiyns, hereby jointly and seva~lly covenant ~nd ayree ,
: to and with ttx said MORTGAGEE, its successws and auiyns: '
rn
= wms of moneY P+Ysble by virtw of said p~omisso?y note, and this
1. To pay all and si~ulsr the pri~cipal and interest snd the various snd sundry
mortgage, each snd every, p?omPity on the day~ respectively the same sever~lly become due.
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2. To psy all snd singvlar the taxes, asusunenri, levies, liabilities, obligatioe~s u~d sncwnbrarxes of every nstwe and kind rww oo ssid descri
property, w that hereafter may be imposed, tuffered, Plated, levied, or assessed theroon, or thst het~after may b~ lev'rod or sssessed upw~ this Mort~-
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w: age, or tFw indebtedneu sec~red he~eby, esch snd everyr, when due and psy+ble. ~aordiny to law, before they becan~ delinquem, ~nd befae ~ny interest
1`= anaches or any peoalty is incurred; AND ~NSOFAR AS ANY THEREOf IS OF RKORD THE SAN1E SMAII 8E PROMPTIY SATISfIED AND DISCHARGE~ OF
~ RECQRD AND THE ORIGINAL OffIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PMER OFFICIAIIY ENDORSED ±
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAIO MORtGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; +nd in the event tMt a~y thereof is not {
' paid, sst'sfied and discharged sa'd MORTGAGEE may ~t sny rime pay the same a sny pa?t thereof without waiviny or ~ffectiny any option, lien, eq~ity or
•iqht under or by virtue of this mortgage snd the futl amount of each and erery svch payment shsll be immedi+tely dve snd payabk and shall bear ioteres~
a°;'a
irom tF+e date thercof uMil psid at rste of ~ine per cenwm per •nnvm and toqether with such interdt 1 s w ed by the lien of th:s mor9taye.
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