HomeMy WebLinkAbout1329 ~~~v~y -
THIS INDENTURE, AA~~ th• 8th - d+y pf M,,~L A.D. 19s3._. b~twNn
Ralph 6. Proctor and M. Rut2~PrectQr ~ tii g..t fQ _
of •~Ci'~ Covnry florid+, ha~inafta d~ag~+rad +s tM °MORTGAGOR;' +nd fiRST FE~ERAL SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, ~ oorpaatan wpaoiud u~d ~xutirp ~ndK tM laws of tM Un~t~d Suta of Anwka ~nd Mvinp in principal plac~ of
buti~as in tM Gty of Fwt P~ru. St. luci~ Couoty. FlorWa. Iwr~inafte? da~pnat~d as tFw "MORTGAGEE."
WHEREAS tM MORTGAGOR is hraty ind~bt~d to tM MORTGAGEE in tM wm of = ~Z ~~0 +^d ~+~vfl+~ _~+a'qY of tM Uoited
St~t~s ~ dv~nc~ d by t M MORTGAGEE unto tM MORTGAGOR, ~i evidenced by a ce.tau? promiu«y noq of ev~n dat~ herwvNh, bf which tl+a i.~ilowin~ M+
w«d~ u~d fipvres b a trw coPY. lowit: . - ~ 11 ~?l9
~ 22 ~~00. 00 S , .
fat Pietce, flwid~. ~y 8 ~ ~q .
~
for v~l~e nceiwd. 1, we or either of us. promis~ ro p~Y. withow d~falcation, to ~h~ orde? of FIR51 FEDERAL SAVItJf3S AND IOAN ASSOGATION OF
FORT PIERCE at Fw1 Pierc~, Fbrid~, tM svm of Z22 ~~0 with interes~ from date ~t the rate of 9• ~ 9G per annvm. ~^o^~'~Y ~~aiF
mena u follows: i~7• ~ o~ the ~t~y of •~11II@ ~q 74 and a like wm on ths tot~espoodsr~ dsy of each monhti ~hetr
after ~ntil the whok bt fully p~id. '
Esch insullm~++t fir~t shall be ~pplied in p+yment of ths interest a~d then on the ~npaid bal~nce of the prindpal sum. If J~fwlt is rtwde in th~
payment of ~ny installment when dus, and wch defsult continues 30 days, than at the opta~ of the holder, and without any other notiu. all the remaininp
installmants thall be dw and payabk ~t axe. Privile~ is yivan to prep~y this oots in wlwb or in p~A at eny time without pen~lty Nel~ 35 r+~°•
rwr aco~ptance by the holdsr thereof sfte~ any default in ~nY p+Yn?a^h hereo^. shall be deemed extemion. A Iste payment char~e of 5 • . sh~ll be
added to each i~+stallment remsinirg unpaid 7 days afta its due date. ~nd a like sum shall be added to each auch inst~llment remaining unp~id 7 days aHsr
each s~cceediny WYme^t date. -
E+ch m~ka, surety snd endwser he~eof, joimly ~nd sev~rally, wsives demsnd, presemment protest a~d notice of p?otcst for ranp~Yme^t, ~r?d furtlwr
agrees to ~ny extenian of time of payment, either before w aher maturity, without notice to sny of us; ~nd to pay all costs of collection, incl~dinp a
reasor?sble attorney i fee in the evtnt of any default Fw~euntkr, a~+d hereby saverslly waives all benefit of hommtead and exemptwn under the tw+stitution
and laws of ~ach State of the United States, +s agsinst this obligation or any extension w renewal hcrsof.
w~r~ tne h.~a ~a ~i of ~n wnr. S/ Ralph 8. Proctor ~
t5~/?U
~j 'a-!' . ~Lt$h °l'OC~QZ i,u.L3
. (SE/?U
34.35 tate Rq~venw
didt
NOW, THEREFORE, the MORiGACaOR fa the pwpose of securing aymeot of ~sid swn of t 22s ~Q t~ P~~^+"~ of th~
covenar?ri and apreemenb hereinsfte? e:pressed. s~d for ~vers good a~d wlwbte cons~de?aYans, bY tMse presenn, does yrant, barysin, ~ell, remise,
release, ta+vey and confirm unto the N10RTGAGEE, its svccessors ~nd ~ssiy~s. +II th~t «rtain bt, pieu or parael of land, siwate, lyinp, u~d beinp in tM
Covnty of `St •~.L1Ci@ and State of Fb?ids, dtwibed ~s follows: ' -
Lots 64 a?nd 65 Less and Sxcepting the North 65 feety of PAItKWAY PLACS
SUBDIVISION, as per Plat thereof on file in Plat Book 4, Page 7 of the
Public Records of St. Lucie Connty, Flonida.
P~
p~Q ~ .
F~'S~ a~ 35 ~
F ~~.h.~ 3 ?
O „
~
~ . fl.,~~N P~ s ~
I So~vN~~E,,`F'~ t~ ~ ~-w
~ ~ ~.Q` ~
% M?'~~; ~
! ° ~ ~ " ~ in r~rM
~ ~Lyw `p ~ e~~' ~ANT TO ~ INTAM6~~ P[RSONk pRpPERN
~ ~in ~ i R~6ER7PpR~ Of 1~,L ~
~ CIf~0111i
~ ST. LUC{E Gb, F1A.
together with sll a~+c! si~+gul~r the tenemcnts, herediamenri and sppwtances therew+~o belonpin~ a in ~nywise appert+iniip thereto, and all renb, issws,
proceeds and profin ~cauirg and to scuue fr«~ ~+id Premises, all of which ue inclucled in the above +nd fwepoirg desc?iption and Mbenduxn.
TO HAVE AND TO~ the abow desuibed a~d yrsMed premises unto the s~id MORTGAGEE, its waessas ~nd +ssfqns forsver- And th~ ~+~d
hlORT ~fw th6-_ hein, executws, sdministr~ton and sssigns, hereby covensnb wiih the said MORTGAGEE, its woauon aed +ssiym.
that ~'-'y are lawfully seiud of ths ssid aemises in fee simple: that th~ same are fr~e, cleu ~nd discharged from ~II liem ~nd encum-
brances in law or in equity, snd that they will and their hein sh~ll wur~nt and defeod tFr titb a tM sam~ to th~ s+id
MORTGAGEE, its s~rcceswrs and +ss~9ns. forever +painst the lawfvl claims ~nd demands of all persons; -
PROVIDED, ALWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE the promissoty note hereinbeforo destribed a+d sh~ll truly, promptly
~ and fully peeform, d~scMrge, exccute, compkte, comply with and ~bide by each and every the stipulatior?s, syreemenri, conditaro +nd aoven~nls of s+id
promissary ~ote and of this Mwtgage, tl~en this Matgaye and the Estste hereby ve+ted shall cease and be null a~d void.
IT IS UNDERSTOOD thst the wwd "Mortps~or" whether in the singular or plwal ~nywher~ in this Mortyspe. sh+ll b~ sinpvlar if a+e only and
shall be plwal jointly ~nd severally if more tiwn one, snd tl?at tF~e word "their" ss used anywhere in this Mort9ape shsll be taken to m~+~ "his:• •'hsn.••~o
or °in:' wherever the context so implies o? +dmiri. Abo, that wherever thae is a referente in tM coven~nb snd agreemenb he?ei~ contained to arqr ofp
rhe puties he~eto, the sam~ shall be oo~strued to mean u well ~s the hein, kg~l represenatives, successon a~+d +ssipns (eki+er vol~ntary by act of the~~
parties or invol~MSry by ope~sYan of the law) of the same and that tt~e covensnts herein cont~ined shall bind a~d the benefits ~nd advantap~s iow~ ~
~o the respectivt hein, k9+1 representstives, succeswn u~d ass~y~ of the parties hereto.
/1nd s~id Mortyayors, fw themselves s~d their hein, legal representatives, successo~s and ~ssi~ns, hereby jointly and severally covenanf and pne ~
to and with the s+id MORTGAGEE, its iuccessars +~d sssi9~s:
1. To p~y aU ~r+d sinpulu the princip~l and interest and the varian snd sundry svms of mo~eY P~Y+ble bY virtue of said promisswy note. ~nd thia ~
„wrt~sye. ~a~h snd every, promptly on the days respectivcly the s~me severally become due.
2. To p~y ~II and singvlar the ts:es, asseswnen», levies, lisbilit~es, oblgatam snd ~ncumbr~rxes of every n+tw~ u+d kfad now on s+id dtK*lbsd ~
Woperh• a that haeaher rray be imposed, suffered. P~aced, levied, or suessed thereon, w tMt hereshe~ may b~ kvied or asiessed upo~ N~is Matp~
a9e, a tM indebtednsss secured hereby, each sod wery, when due and paysble. ~aordinp to Isw, befwe they becan~ delirquent, and befwe any imarat s
attaches or u~y peMtty is incwred; AND INSOFAR AS ANY THEREOi IS OF RECORD THf SAME SHAIL 8E PROH1PTlY SATISFIED ANO DISCHARGED OF ~ i :
RECORD AND 7HE ORIGINAI OffIC1AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAi15FACT10N PAPER OFfIC1ALLY EN~ORSED ~~f
OR CERTIfIED) SHALL BE PLACED IN THE HANDS OF SAtD /NORTGACaEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in ti+e event tMt ~ny ti~eof a not
paid, saY.sfied ~nd discharged ssEd IUI~RTGAGEE may at any time paY the sarne w my psrt thereof without waivi~g ot +ffectinp any opYan, lien, equify w
.iqht under w by virtue of this mortg~ge and tF?e futl amount of each and every such p~yment shall be immediately due and psyabk and shall bear intadt
~rom tF+e date thereof until psid at rate of nine per «ntum per ann~m and toyether with i~ch intertst sh~ll be secured by the lien of th:s moryta~e.
.
- .
- - - - -
- ,c ;-s.-
.