HomeMy WebLinkAbout1501 'r.n~4~30
iHIS IN~ENTURE. Mad~ !M 3rd d~y pf Julv A.D. 19~ betwee++
Ronald d. Carroll and Mona (L CarrQll, hic wifp
of $t . Lucie ~ Couety Fla~da, he~e~nahsr dcsgnared as the "MORTGAGOR," and fIRST iEDERAI SAVINGS AND IOAN
ASSOCIATiON OF iQRT PIERCE. • corporat~on apanized and eai~~in~ under the laws of tl+~ Un:ted S~at~s of America and Mving i» p=~Mipal place of
businsss in ~M City of Fat Pi~rc~, St, luci~ Covnty. Florida, hereinafter des~gnarad as the "AhORTGAGEE:'
WHEREAS ti+~ MORTGAGOR is juatly ii+debred ro tM MORTGAGEE in the sum of i 26 ~4~' ~ . 90~ and law'ut rr.a~a~ oi ~:~c Un+:rd
States advanced by tAe MORIGAGEE unto the MORTGAGOR, as evidrnced by a ceriain promiiswy no~e oi even da~a hrrew~th, a1 whrch ~he fo!low.~~p in
worJs and f ures a a ~rw copY. towit:
s 26 , 40~ . 00 ~,j,1100023i'
fort Piace. Flaida. _ JulY 3. 19_ 74
For wlue recr~vzd, 1, we w eithe~ of us. prom~se to pay, w~thout defalcation. ~o the order of fIRST FEDERAI SAVINGS AvD IOAN ASSOCIATtCN Of
fORT VIERCE at Fpt Pi~rce, florida, the sum ol S 26 ~ 4~' ~ _ w~th ~nte:aat from date a1 tha rate of _
9~~ pt! ancum, in ma~tiiiy i~stall-
mrnts as ~oRowi: S 231 . ~n ~F~ --~Q~lday of ~CtOb~ 19_2~ ~nd • I~ke sum on the cwrespond~ng d~y ot each n~onth ~f~rra-
afrer unlil thc wAole be fully paid.
Euh ins~allmenl first shall be applied in p+yment of the interest and then on the unpa~d balance oi the p~~~c~pa~ aum. default is made in 1he
~,aymenl of any ins?allmeM when doe, and such default continues 3Q day:, then at tha option of the holder, and withou~ any other notica, a~l tFK remaining
~narailments shall be due and payabk at once. Privilege is given to prepay this note io whok o? io part at ~ny time w~thout penalty. Neither forebearance,
no~ accepunce by the ho~det ~hereof after any default in any payments hereon, shall be dcemed extension. A late paymem charge of ~ 11 . S~a~l be
added ro each installment remainirg u~pa~d 7 days after its due date, and a I~ke sum shall be addrd to each such instal?ment rrmaining unpaid 7 d~ys atlrr
each succeedirg payme.~t dau_
Eath maker, surety and endorser hereaf, joiri~ly and severally, waives drmand, presenrment protest and notice of protest fw nonpayment, and further
agrees to any eatens~on of t~me of payment, either before o~ aft~ marurity, w~Thou~ nor:ce to any of us; and to pay all costs of collection, includ;ng a
rrasonabk attorney's fee in ~he event of any default hereunder, and hereby severally waives all benefit of homestead and eaemption under f!x tonst:tulion
3~~d I~ws of each Sute of the United Sta~es, as agaenst this ebl~gation or any eatena~on p renewal hcreof•
Witness ~he hand and xal o( each party.
S/ Ronald J. Carroll ~~u
(SEAI)
S/ Mona rf Carroll tsewU
cs~?u
3 9. 60 ~ State Revenue
?C~OQD~it
26 s 4~ a~+d the rformsnce of the
NO'~Al, THEREFORE, ~he MORTGAGOR fo~ the pu~pose of securing payment ef said sum of S P~
covcveants and ~greement~ hereinafter e~p~essed, and fw divcrs good ~nd vatuabSe considerations, by these p+eunts, does gnnt, bargain, xll, remite,
retease, convey and confirm unfo ~he MORTGAGEE, its successors and ~ugns, alt that certain bt, picte or pucel of tand, situate, lying, and being in the
Co~,nty of St Lucie and Sate o! Fiorida, desu~bed ~s tollows: ~
The South 160 feet of the West 272.25 feet of the East 312.25 feet of the
;tiortheast 4 of the Southwest 4 of the NorthWest 4 of Section 17, Township
35 South, Range 40 East, St. Lucie County, Florida.
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~ ~_j ST.~T~E FLO~1~~ 1
~ ~ 2 OQCUN~ENiAR~-F'":•:.-STAMP Tt, ~ ~ ~ ~ ~1~
Zi ~ -~FP1 {)f kfv~~vU~ ::j~'~~.'`~-; ~ ~ U PA~~~PROPERTf
r ~ ~
! , ~ N = P 3. _ ! i'id ~'.f~J 3 9. ~ 0 ~ y',' 11'IjANGIBIE ~ iS ~ 1911. ~
_ _ . = ~ ~ cw~,.F~ ~ ~
1 ~~u~,t To E, T~~t~+~~
I ROC'.A_ ~i. L•?~~~ ~ • f~
Y
CIERlI 6iR~4T
rogether with all and singular the tenemenls, Fxrtditaments ar~d appurtances thereunto belonging or in anywix ~ppe?t~~ning thereto, ~nd all rents, iuues,
p.oceeds and proi~ts xcrui.g and to acuue from ssid p?cmises, all of wh~ch are irxluded in tFx above snd foregarg dexripYan and habendum.
TO H/?VE AND i hIQID the sbove described and granted p~e~n~ses unto the said MORTGAGEE, its successors snd assigns fwever. And tht said
'kORTGAGOR fw t~e 1 r____ ~;.s, executors, administratws and ass~gns, hereby covcnanb w~th the said MORTGAGEE, its successors and assgm. <
the are ~
rnat lawfully sei:ed of the said prem+ses in fee simplr, that the same are free, dear and dixharged from dl liens and encvm-
o.ances in Isw w in equity, and th~t_ they will and th@lr he;n shall wmant and defend tfie titk to the same to tF~e ssid
h'.ORTGAGEE, its successors and auigns, fwever sgainst the lawful claims and demands of all perwns; -
PROVIDED, AIWAYS that if the N10RTGAGOR shall pay unto the MORTGAGEE the pra~+issory note hereinbefore dcwiEed snd shall lruly, prompth~ ~
and fully perfarm, d~uharye, e:ecute, compkte, canply with and ab~de by each and eve~y the itipulations, sgreemems, conditions and covenanb of said
promissory noro and of this Mwtgage, then this Ma~gsge and rhe Estate hereby veafed shall cease and be nuti and wid. ~
IT IS UNDERSTOCD thst the wad "Mortgsgor" wF~ether in the s~~+gular w piura: anywhere in this Mortgsge, shall be singular if one only and _
shalt be plu~al p~infly and xverally if more than one, snd that the wwd "thei?" as used anywhere in this Mortgage shall be taken to mean "his;' "hers,"
or "its;' wherever the con~ext so implies a admits_ Also, that wherever there is s reference in the cowrtants snd s9reements herein cont~ined to aoy of
nc~ psrt~es hereto, the same shall be construed to mean ss well as the heirs, Iegal representatives, successws and aaigns (either voluntsry by ~ct of tix ~C -
parties or invotuntary by operation of the law) of the same and tha~ the covenants herein contained shall bind and the benefin and sdrants9es inure ~~p
ro the respective heirs, lega) reprcx~tatives, wccessors and ass~gns ot the parties hercto.
And said Mortgsgors, fa themselves and their heirs, legal representstires, succesaors and assigns, hereby jaNly and sever~lly covenant and ayree ~
ro and with the s+id MORTGAGEE, its successors and assig~s:
1. To pay ~~I and singul.ir ~he printiPa~ and ~nlrest and the variovs and sundryr wms of rteooey payable by vutue of sa~d promissory note, and this
mortg~ge, esch snd every, promptiy on ~he days respectively the same severalfy berome due. ro
2 To pay all snd singular the taxes, assessments, levies, lisbilities, obligations and enc~mb~ances of every nsture aod kind now on ssid desaibed ~
property, or that hereafter may be imposed, wffered, placed, levied, or assessed thereon, w that heresiter msy be levied or assessed upon this Mort9- ~
age, a the indeb~edness secured Ixrcby, each snd every, wF?en due and payable, according to law, befwe tlxy become delinquent, and before ~ny iMerest
attaches or any penalty is incurrcd; AND INSOFAR AS ANY THEREOF 15 OF RKORD THE SAME SHAII 8E PROMPiLY SATISf1EU AND DISGNARGED OF
RECORD AND THE ORIG1tvAl OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED
OR CERTIFIED) SHAIt BE PtACED IN iHE HANDS OF SAID 11tiORTGAGEE WlTHIN TEN CAYS NEXT AFTER PAYMENT; and in the eveni that any thereof is not
pa~d, sar'sfied and discharged sa"d MORTGAGEE may at any :ime pay the same or +ry part thereof wirhout waiving w afiectirg sny option, lien, eqoity a
.~~ht under or by virtue of this m.ortgage and the /ull amount of each and every such payment sh~ll be immediately due and payable and shall bear interest
t~om the date thereof until pa~d ar rate of n~ne per centum ptr annum and toge?her w~th svch i~rerest shail be secured by the lien of th:s mwgtage.
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