HomeMy WebLinkAbout1204 . ~I~.,.. j . , .
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THIS INDENTURE. N1+de the bth day of `1~~ ' ,~i.~- A.D. 19 7~ betwcs~
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_ Car 1 R Ashton and Mar~ .In Ash.t~n., ti~ 1 L;
of St• LuCi~ Cou~ry Florida, he~einafter des+gnated ss IM "MOR]GAGOR," and FIRST iEDERAI SAYINGS ANC IOAN
4SSA.IATION OF FORT PIERCE, s torpor~tion or~anized and exis~ing under Ihe laws of the U~~ted Stat~s Of Americs ~nd Mvinp its principal p~ace of
business in the City of Fwt Pierce, St. lucie County, florida, hereioafte~ drs~ynated as 1M "MORTGAGfE:'
WHEREAS the MORTGAGOR is ju~tly indebted to the MORTGAGEE in tfie surn of S~-s~'~ $~od and tawfut rooney of !he Un~ted
S+aTes advanced by the MORiGAGEE un?o the MORTGAGOR, as e~ide~~crd by a certam promluory note oi even date herewith, of wh:ch Ihe toiiowir+Q in
~tiords and figures is a true copy, to-wit:
S 19. 500. 00 Jun e ~ NO 10020~~1
Fort Pierce. Flo~ida. 19
Fw value received, 1, we w either of vs, prom~u to pay, without defalcat:o~. to ~he ordrr of FIRST ~EUERAI SAVINGS AtvD IOAN ASSOCIAiION OF
; JRT VIERGE a? Fwt Pirrce, Florida, ~he wm uf SiQ;~~-~ w~th in~erest from date at the rate of Q~~~e pe~ annum, in momhly insla~l-
~:,rs as foi!ows: 1~~-:-~ on th~ _ ZOt~lay of J~-- 19_74- ~nd a tike sum on the correspw~d~rg day of eac,h rtwnth therr
~rrar unt~l the whole oe fu~iy pdid.
Each in~tallment first sfiall be appl~rd in pa~me~f of the in!aresf and ttien en the unpaid batance of the princ pal wm. If default is made in the
ment of any ~nstaii~nent when d~e, and such d=:jaiAf continues 30 days, then at the opt~on of 1he ho'der, and without any other rntice, ali the remain;ng
~sfallments shafl be due and paya6!e at once. Prrvil~ is given to prepay this note in whote ar in part af any t:me without pe~atty. NeiTher forebeuante,
r.x acceptance by the kotder thercN! af!?r any default in any payments fie~eon, shall be deemed ertens~on. A ~ate payment charge of 59~25 shall be
_i~!_d to each instal~mem remaining unpa~d 7 days a4ter its d~e da~e, and a lil~e svm s?w11 br added to each wcn ins~aiime~t rema~ning unpaid 7 days aher
e ~ch succeeding payment date.
Each maker, surety and endorser he~eoi, jo7ntly and severally, vva~ves demand, presentment protest and not~:e of protest for nonpayment, and further
a~rees to any exfension of nme of paymznt, either before or aiter maturity, wiihout nonce to anv of us; a: d~o pay a!1 costs oE collection, i~c~ud:ng +
sonable attomay's fee in tha event of any dcfautt Fereunder, and hereby severally waives ail benefit ~f homestead and earmpt~on und~~ the cautitutwn
,~:i iaws of each S~ate uf the Un~ted Statrs, a: against this obGga!ion w any extenson o+ renewal hereof.
Witness the F.and and seal of each party.
s/Carl R. Ashton ~
(s~?U
S tdar y Jo Ashton ~
c~wu
~ _ ~29•25 ) State Revenue
t,~'i~.O~At~ I~ ~n. M isi~~1 rMf~
NOW, THEREFORE, the MORTGAGOR for the Furpose of securing payment of sa~d sum of 519~5~'~ and the performance of the
co:enants and agreerr~nts hereina(ter expressed, and ior d~vers good and val~able co~a~derations, by these prexnts, does grant, bargain, xtl, remise,
r~'ease, convey and confirm unto Ihe MORTGAGEE, its s~~ccessa~s and assig~s, aU fhat certam bt, piece or parcel of land, situate, lying, and being in the
County of SL• ~'uCi@ and Sta+e of Pbrida, descr~bed +s follows:
Comaencing at the Southwest corner of the SB'~ of the NB~ of the SBt; of Section 12,
Townahip 35 South, Range 39 Bast, run th~ce Bast alonq the South line of said
SB1~ of NB~ of SS~, 255.4 feet to a point of beginning; thQnce zun North parallel
to thQ West line of said Sfi'; of NB'~ of SB'~, 121.4 feet; theace tusn and run 6ast
parallel to said South line, 255.4 feet; thence turn and run South parallel to said
West line 121.4 feet; thence turn and run West along South line of said S8~ of NB'~
of SBI~, 255.4 feet to the point of beginning,~ ;
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' ~ oF FLOR!~~? ~
~ STAT~
~ oO . DONMENTARY~::.~~STA_ N1P T~`' ~ ~ ~ .
~Z ~ pcot. pf REYENUE t~ , NU PAYAI
= Ji11i0•~.~~~"~~= 2 8. 2 5 i ~a'~s,~~
~ - oe. ~ ~ ~ ~i-ist ecrs aF i~~. '
~ ~ = ~,~~z q~ ~
~POm~s ~i~
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~=fher with all and singular the tenements, hered~taments and appurtances the~evnta belonging or in anywise appert~inirg thertlu. snd re^ts. issues.
.•e:eeds and profits accruing and to accrue from said premises, all of which are included in the above sod foreqoing desaiption ud Mbendwn.
~ TO HAVE AND TO HOID +he above desvibed a~d granted premi~es unto the uid MORTGAGEE, ib suctessws and assigns fwever.. Md the s~id
~ :',~RTGAGOR for -~e~----- ~~~s, execytars, administratws and assigns, hereby covenants with the said MORTGAGEE, iri waessors +nd sssiQ%
•~a? -~eX-a=E-- lawfully seized of the ssid p~emius in fee aimplr, that the tame are free, cka~ and dischsrged from all iiens and encun?
~ :~ences 7n !aw a in equity, and that they a~d their heirs shall wsrranf and defend the title to the ssme to the said
~~TGAGEE, its successors and auigns, forever sgainst the lawful claims and demands of all persons;
~ PROYIOED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~omiasory note hereir?before described and sFWll Nv~Y. P?o^~~Y
„ d fuily perform, d~scharge, eaecute, compiete, compiy with and ab~de by each and every the stipulations, sgreemenn, conditions and tovenanb of said
~ „.,~~sswy note and of this Mortgage, then this Nlortgage and the Estate hereby ueated tFiall cease and be null a~d wid_
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IT IS UNDERSTOOD that the word "Mortgagw" whether in the singular w plural snywhere in this Mwtgsge, shap be singular if one only and ~ ~
~ sha!I be plural jointly and severa:ly if more than one, and that the word "their" as vsed anywhe~e in this Morfg~ge shall be tsken to mesn "'his," "hen,°
•"its," wherever the context so imp:ies w admits. Afw, that wherever there is s reference i~ the covenanK ~nd sgreements hNein oont~ined to u~y of
~ •'~e partits F~ereto, the same shall be construed to mean as well as the heirs, legal ~eprese~tatives, successon and sssigns (either volu+~tary by xt of th~ ~
~ c~~rfes or involuniary by operatwn of the (aw) of the same and that the covmams herein contained shsll bind and the benefits and sdvantages irnxt :
~o the respective heir~, legal representatives, wccessors snd ass'gns of the partits hereto. ~
~ And said Mo~tgagors, fw themxlves and rheir heirs, legal representatives, successus snd aupns, hereby joimly and severslly coven~nt and apree 's
•o and with tFro said AM1ORTGAGEE, its successors and assigns: ' ~ "
s
' 1. To pay s!I and singvlar the principal and interest and the wr'rous and su~dry sums of maeey payaWe by virtue of said promisswy note, and this ~ :
~ ~ertgage, each and every, p~omptly on the days respectively the same seven~ly become dve. `
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2. To pay all and singular the taxes, assesunents, Irvies, lisbilitics, oblgstiorts a~d encwnbra~tes of every n~hKe ~nd ki~d oow on ssid dsscr~ed -
property, p that hereafter msy be imposed, su(fered, plated, levied, w auessed thcteon, w tMf hereaNer may b~ kvied w assessed upa~ this Mort¢ ~
~ge, or the indebred~ess secured hereby, each and every, when due snd p+yable, accwding to law, befae tlrcy become delinqueM, and befwe any imerw ~
a+r~ches w any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SI1ME SHAII BE PROMPTLY SATISFIEO A~ID DISCHARGEO Of •
~ECORD AWD THE ORIGIP~AI OiFICIAt DOCUMENi ISUCH A5, fOR INSTANCE, iHE TAX RECEIPT OR THE SATISFAC710N PAPER OFFICIALLY ENDORSED
' CERTIfIED) SHAtt BE PIACED IN THE HANDS Of SA10 MORTGACaEE WliHlt~f TEN DAYS NFXT AFTER PAYMENT; and in the event that any thereof is no1
. e:d, sst sfied and d~xharged sa'd MORTGAGEE m~y at any time pay the same w any part Ihereof without waiving w affectirg ~ny option, lien, equity a
;ht ~nder or by virtue of this mortgage and the full amount ot each snd every such payment shall be irtrnediately dve and payabk ard sha~l beu i~terest
~ro.~~ ~he c!are +hereof vnt~I r.a~d a' ~ate of nine per tentum per annum and together w~th such imerost shall be secured by the tien of th-s ~^.orgrage.
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