HomeMy WebLinkAbout2237 . . 2b~Z'~15 ~ , ~ .
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"1,:~+ t~3rd Ma?v - ~.o. w
74 ben~,..~+
THIS I~ENTURE. N1~d~ ths day of
i C Hal l and Ma?Y Ann Ha?11 his wife ` '
of St• 1'uCie Cpunty Ftwida. M~eina~ltr desg~~cd as the "MORT(iAGOR;' and FIRS1 fEDERAI SAVINGS ~WO LOAN
t+~SOCIATiON OF fORT PiERCE, a wrµ~ra;~on oryanizrd ar.d eAatir+Q ,rndr ~h.' I.w. of ~h. United Sat~s of Am~riu ~nd h+vinp iri pri~cipal pix~ of
bus~~eu in th~ City of Fwt Pitrce, St. luci~ County, florids, hereinaiter desiqn~tad as tM4;ORTO~ E~
WHEREAS 1he MORiGAGOR is jvttly indebt~d to the MORTGAGEE i~ the wm oi ~ ' good +~d ~awful ma+ey of 1he United
S+atei advanced by the MORIGAGEE umo the MORTGAGOR, as ewdencad by a cerra~n promissay ~o~e oi even date herewith, of which fhs followiny in i
+.ords aod ffgvra is a true copy, to-wit: 1O02OBSG !
z45,000.00 _ '
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forf Pierte, Fla?ida. ~y 19 ~
Fp value received, 1, we w either of us, p~om~u to pay, without defalcetion, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOC~Al10N OF
F02T PIERCE ~t Fprt Pie~ce, Fhxida, the sum of s 45 ~0~' w;th interest from date at Ihe rate of 9•~ 96 pe? a~num, in moNhly it?sta1M
~,e~ts as ioi:o.vs: i378'~ on the _?~thday of August ~q74 snd a like wm on the correspa~dinp day of each month the~e-
a~rer unti! the whok be fully paid.
Each instaltment first shail be app~~ed in paymeM of ths interest and then on the unpaid balance of the p~~~c~p+~ sum. If default is msd~ in 1M
F.,~:,,e~t of any ins~atlmem when due, and such default co~tinues 30 days, thcn at the option of the hotde?, and without any other notice, all the rem+inin~
!nstallments sAall be due and payable at onte. Privilege is given to p~ep+Y this nole in w4wle or in paA at ~ny time without pa+aUy. Neitfier forebHranc~.
nor acceptance by the holder thereof afte~ any default in any pa~m+ents hereon, shalt be decmed extension. A late paymeM chsrge of ~18~ ~ sh+~) b~
,du~•d to each instaflmeM remaining unpa~d 7 days af~er its due date, and a tike sum shall be added to each such installmont remaining u+~pa~d 7 days aher
each sutceeding paYnxnt date. .
Each maker, surety and endaser hereof, jointty and severally, waives demand, p~esem~nent protest a~d notice of protest fw nonpaymenl, snd fu„hsr
rees to en r,.+rnsiun ui t::i~e et 'ft" '^'t!•'~ey; wiri,w,t nonce to a~v of us; ar?d to pay aU eoats of eollection, irxludiny +
7 Y r..~..:~..,,
re~sonable attorney's fee in the event of any drfault hereunder, and hereby seve~ally waives all benefit of fiomestead and exemption unaer the conaiitui+on
r,~•d laws of each State of the United S~atec, as againat this obGgation or any eztension or renewal hereof.
Witneu the hand and xal of each party. iC@ C• ~11
~U
(SE~U
S/Mar y Ann Hal 1 ~
ts~?U
r $67 ~ 5~ ) State Revtnve
~`''""~pr.°w~eMede'.ee~g~wl~'°+e) 45 000 n0
NOW, THEREFORE, the MORTGAGOR fw the purpose of secu~ing payment of said sum of s • ~ ~nd the pe?fom+anoe of tM
covenants a~+d agreements hereinsiter expreued, and fw divers good a~d vatuable cons~deratio~s, by fhese preu~q, does grant, bar~sin, setl, remise.
rt:ease, convey and confirm unto the MORTGAGEE, its successors and auigns, all that ceruin bl, piect or parcel of Isnd, situ+te, (ying, ~nd beieg in ths
County of SL. LuC16 ~nd State of Flwida, described as follows:
That portion of the South 's of Lot 8 in the SW`~ of MJDSL LAND COI~ANY SUBDIVISION
described as follows: From the Northeast corner of the South ~ of
said Lot 8, run West 45 feet to the point of beginning; thence Yun South on the
West right-of-way line of Coolidge Road a distance of 150 feet to a point; thence
run West a distance of 320 ~eet to a point; thence run North to the North line of
the South of Lot 8, a distance of 150 feet to a point; thence run Bast along
the NoYth line of the South '~s of said Lot 8, a distance of 320 feet to the point
of beginning; said land being and lying in HDDBi. LAN~ COI~ANY SUBDIVISION of Sec-
tion 23, To~rnship 35 South, Range 39 Bast, all as peY plat of 1~DEL LAND OOMPANY
SUBDIYISION Yecorded in Plat Book 2, Page 10, Public Records of St. Lucie County, v
; Florida,
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STATE aF 1.~ORP~ A 1
D ppCUMENTAR`f `
~ Z '•t
DEP?. Uf REVENUf • ' T 5 O'
z~ cu - ~ e~pT22'7~ { r• •
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'`A = PB• `._...s ~ O~ 111 PAYMEII~ OP ?AX6
=ttFO2 - ~CEIVED PROPER1Ya
~ D
U E ON Cll1SS 'C ItRANGIBLE PER90t1l1L
'p~y~~lll?Ni TO C1iAP~ER 7 1- 1 3
4. I I G
T S O
F 11171. ~~L
ER POI~RJ?S ~
HOG ~
~(FRI( CIRGlIT 0~~~
rcgether with all and singular the tenemeMS, F~ereditaments and appurtances thereuMO belonging ot in anywise appe?1+7~1np thereto• ~^d r~^n. iuues,
c~oceeds and profits xcruing and to accrue from said premises, all of which are intluded in the ~bove +nd fwegoi~9 d~iPtp^
TO HAVE AND TO lD the above descr+bed and granted premises unto the said MORTGAGEE, ib suaessws +~d augnt forevar. Md th~ s+ld
~.50RTriAGOR for the~= ~~~s, executors, administrators and assig~, hereby covenants with the aid MORTCsACaEE, ib avaessws a~+d +ssi~%
~h~r --~hg~aYg - lawfu~ly se~zed of the said p~em~ses in fee simple; that the same sm free, cle~? and dischsrged from al) li~ns and ancwn~
the - wi~l and their hein shall wsrnnt snd defend tM titl~ to the sarn~ to the s+~d,~
- :,-a~:es in !aw w in eqv':4y, snd that y
'.+.ORiGAGEE, in successors and auigns, forever ~gainst the lawful daims snd demands of all perwns: ;;o
PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promiuwy note hereinbefw~ desuibed and sh+ll tnily, promptly A1b
a~d fully perfo~m, dixharge, execute, complete, comply with and ab'K1e by each snd every the sY~laiaro, agreeme~t~. co~ditian ~^d tovenanfs of s~id
.ro~,;~sso?y note and of this Mortgage, then this Mwtgage and the Estate hereby ueated ihsll cease and be nu~~ +nd void• i
IT IS UNDERSTOOD that the wwd "Matgsgor" whether i~ the s~ngular or plural ~oywhere in this Mo~tgaps, ah~ll be sirgulu if one only and j
shal{ be Plural jointly and severally if more thsn one, and that the wwd "their" ss used anywhere in this Mwtysye sh+ll be tske~ to mean •'his,•• •'~n:•
c~ "its;' wherever the context so implies w admits. Also, that wherevet there is a reference in ihe coven+nn and .y.eemenn herein ca+uinad ro ~r?y of ~
~ne parties hereto, the same shall be construed to mean ss well ai the heirs, kgal representativa, successors a~d ~ssipns (e~ther volu^tuY bY xt of tM m
parties or involumary by operation of the law) of tF~e ssn+e and that the covensnts herein ca?tairxd shall bind +nd tM benef'b ~nd sdvantayes imrre
~o the respective heirs, legal representatives, successon and su'gns of the parties hereto.
And said Mwtgagors, fa themselves and their hei~s, legal representatives, successws +?~d usig~s. F?erebY lointly and ssvarally ooven~M ~nd +pr~e
ro and with the wid MORTGAGEE, its wccessors snd sss~gr?s: .
1. To pay sll snd singulsr the principal and inte~est snd the vario~s and sundry sums of moneY paYable by virtue of said promissory note. ~nd this
m~ortgaye, esch and every, promptly on the dsys respectively tF~e same severally become d~e. .
2. To psy sil and singvlu tF?e tsxes~ssessments, kvies, lisbilitie~, obligations se~d encumbrantes of every n+tvre +nd kind now on s+id dhaibd
Prpperty, a thst hereafter may be impoted, wffereA, plated, levied, or assessed thereon, a thst hereafter may b~ levied or assessad upon this Mwt~'
age, a she indebtedness secured hereby, exh and every, when due and payable, acco~dirg ro bw, befon they become d~linqwnt, and befon any im~rat j
arraches w any penalty 'n iocurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAIL 8E PROJMPTIY SATISFIED AND OISCHARGEO OF (
RECORO AND THE ORIGlNAL OFfIC1Al ~OCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEIPT OR 7HE SATISFAC710N PAPER OFfIC1AlLY ENDORSED _
OR CERTIf1ED) SHAII BE PIACE~ IN THE HANDS OF SAID N10RTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; ~nd in the event thst sny thereof if nw
paid, sat'sfied and discharged sa:d MORiGAGEE msy at any time pay the ssme cx s~y parf ihereol withouf waivin~ o~ aifettirg any option, (ien, eq~rity o? ~
•~qhi ~nder or by v~rtve of th~s mor~gage and the full amount of each and every such payment shall be immediately due +nd paV+ble and shall bear interest
~rom dr~e rhe.eof v~+! na d a' .ate of nine per centum per annum aRd together w~th suth interest shal! be secured by the lien nf th s morgtage.
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