HomeMy WebLinkAbout2444 28~7141
' ; i ~i ~ '
iH15 INDENTIt'RF. M+d~ tA~ 3Yd d.y ot July a~. ~9
~4 eiTM~•~^
Jo:enh L._Mtatts and PatYicia_L~- M~atts,,_his ~i~_ -
of - ..5+.~_t-~~~^~,~ County Fbr:da, herainafter dQS;gnated as the "MORTGAGOR;' and FIRST FEUERAI SAVINGS ANO IOAN
ASSOCIAi10N OF FORT PIERCE. • corpor+r~on a9+^~:ed +^d ~xi~~ing unda ~l+e Iaws of tM Un~ted Sta~s of M~aiu and MvinA in princtpal pleu of
b~s~ness in tM Gity of Fort Pie~ce, St. lucie Covmy. Flwida, hereinafte~ dasi9~ated as tFw °MORIGAGEE."
and lawful money of the Un7ted
WHEREAS the MORIGAGOR is justly i~btad ro ~he lNORiGAGEE in Ihs s~m of ~i
S~.~es advancrd by ?he MOR(GAGEE unto ?hc htORiGAGOR. as evidc+:crd by + ceria!n promissory note of eren date Aere~vith, of whch ths followiny i~
.,o~ds and figures is a uue copy, tow~t: ~ lQO -~0069
27.000.00
s July 3 19 74
Fort P~e?ce. Florida,
Fw vatue received, we w either of us. prom~se+ lo pay, w~tl+out detalcaua~. ~o ttro ordr~ of fIQSI fEOERAI SAVINGS AND LOAN ASSOCIATION OF
~~T PIERCE at fort Pirrce, Fb~ida, the a•.,m af S- 27-L~0' ~~th intei_sr (rom date at ~he rat~ of9~ 5 96 p~r anncm, in ~w~+thly inaqlf-
:s as io~!ows: S-~~~~--- on tha ~Q~tL day oF QG~~eY 19__~_ and a like sum o~ the cdrcspond~ng d+y of each month there-
u~~til ihe whcEe be f~lty ~w~d.
Each ~rurallmrnt f~rat ahall be app'~rd in paY~~r^~ oF ths interest and !hen c+~ rhe unpaSd balante of the princ:pa) sum. If deiault is made io the
,,,_nt of any ]nita~ln:znt whan due. and wch drfevlt cont:~ues 3J days. ~hen at thr op~,on ot ~he hoide+, aed w~thou! any other not3ce. .11 the ~emaining
,r,i;mrnts s?~ail t,e due and payab:e at o~ce. Priviiege is 9ivr~ to prepay this nole in wlwle w i~ parl at ~ny time without per.alty. NeitF~ faebea~arKe.
occeptance bY rhe hotder sher..vf aftrr any deFault in any paymenK he~eon. shatl be dremed e,etens~cn. A ta+e payment charg~ of il~~-. sha~~ be
e_~J io rach imta~iment re:.~ain~~y uopa.d 7 days aiter its due date, snd a lice su~n ~hall be added to each auch instaUrtxnt remaining unpa~d 7 dsys aftec
.-,:n s~tceeding paim.eM dat~.
Each maker, wrety and endorse: herecf, jo:ntly and severa~ly, wa~ves dtmar.d, ~esentment proust and rotice of protest fw nonpaYme^1. and fu~ther
to any eatens~on of time o1 pJYm2n4 ~irher b:fore a aftrr ma~vr~ty, without no~.ce to any oF us; and to pay atl costa of collectan, irxluding a
njble atror.ky's fee in the evene of a~~y defa:,It hcreunder, ~nd harebY se•e'+~1y waives all benefit of homestead and eaanption undet the constitution
;'aws of each S~r:e of the Un~ted Stases, as aga~nst shis obligation or any eatens~on a rcnew~f Aereof.
YY~tness ~he hand and seal of each pa~ry.
° Josgph L. Watts cs~?u
cs~?u
s/Patricia L.' Watts ~?u
cs~?u
$48•SO _ ~ S~a~e Revenue
,•,~r~pslewe.eHed~w~rigin~t~rwle) 0~ 0O -
NO'N, THERE~ORE, the MORTGAGOR for the pu.pou of secvring pa~ment of sa~d aum of ~ ~ • and the performance of the
c-.enants and agree+nenrs here~nafrer e~e{xeucd. ar.d for d~rers good ar+d valwble cons~~'enliau. by these Wesents, does grant, bergain. sell. remix,
~~se, convey and confrm ~mo the MORIGAGEE, its waeuo~s and au;gns, at1 that cenain 101, piece or parcel of laod, situate, lying, snd being in ~he
Ccunry of - and State of fb~~da, descrit+ed +a follows: -
Lot 6, Block 1, LAKBWOOD PARK UNI? 8A, according to the plat thereof on file
in Plat Book 11, Page 47, Public Records of St. Lucie County, Rlorida,
STATE ~F FLORQ~~'~ 1
~ s i a n+? ~ r-, 1
- DOCUMEf3TARY~- '
~ ` ~ Uf o~ ~~~t~.~u~-'~~~i~ ~.-:F
` PT- :~-svA . ~ ~ O I
N P8.-s`•i.i?~~~1J~ !4 O• ~
~ - ~
~ P.fCEIVEQ ~ tR ~~f1r.E?l'. ;.'f ;AX~~3
DUE aN CtJISS'C iMtGIBLE PER90h~1L PRBPERi7s
PIfHSIL'1MT TO CFW"fER 71•134, ACTS ff I91,~, ~
pOGER POIiRAS f
CLER1( CIRq1R COURf, 5T. Ll1CE Op~ Fu j
•caether with aIl and singular the tenemen*s, herrl:tame~ts and appu~unces thereunto belonging w in ~nywise sppertsinirg tl~erefo. ~~d a~~ renta, Iuues,
: rcceeds and profits aar~iag and to accrue from said ptemius, all of which are intluded in the ~bOVe and fwe9oiny desa'Ption and hebendum.
TO HAVE AND TO HOID the abave described an~ grantcd p~emises unto the said fAORTGAG~E, its suttessors a~d au~9~s faevK• A^d tht sa~d
thQlr _ hei;s, exec~tors, admi:~~strators and ssigns, hereby tovenanri virith the ssid MORTGAC}EE, ib wtteswrs a~d au~pn~.
'.'.~RTGAGOR for
--they ?'Y~_ !awfully :e~zed o~ the said premises ir, fee simple: that the same ue free, ctear and discharged irom all liero and e~cum~
ttieir heirs shall warrant ~nd defend the titk to the sams fo the said
;-ances in iaw w in equity, a~~d that they _ W;,, a~
:•'~RiGAGEE, its sxcessors and ass~g~s, forever agaira! the lawfut daims and demands of all persau;
PROVIOED, A IW A Y S r haf i f t h e f
A
O R i G A G O R s h a l l o s y unro 1F+e MORTGAGEE tne prom~ssory nole hereinbefore deK~ibed and sha~~ fru~Y• P~~P~~Y
,-d foiiy perform, d~uharge, executa, compiete, cornp~y with snd ab:de by each and eve~y the stipulaYwns, ~gree~cents, cord~rian •nd covenann o
f sa~ d
.-.o~~.ssory note, and of this Mongagr, then this Mwtg~ge and fhe Estste hereby aeated shall cease snd be null snd void•
li IS DERSTOOD ~hat the wory `•Mo+tg~goi' whether io the singutar w plwal anywher~ in this Mors9age, shall be sinp~~u if one only and bC
s~,.~ y~ p!~ ~ joimly and severally if mwe than one, snd that the word "the~r" as used a~ywhere in this Mortgage shall be tske~ to mean "his:' ''he?s.~" Cfsl7
irs,"'; wherever the comea~ so implies o~ admits. Also, that wherever there is a reference in the covenants snd ~g~eernents he?e~n tont+~^ed to ~ny of ~
•~,e partfes hereto, the sa~ne shall be co~atrued to mean as wetl as the heirs, kgsl represenfstives, successors snd aug~s (either voluntary by act of fke ~
-~•!~es or invoiuntsry by opention of tFx law) of the same and that the covenants herein comsined shall b~nd +nd ti~e benefiri u~d advantages irw?t
the respect~ve heirs, le9al representatives, successo~s and ass~gns of tlx parties hereto.
And sa;d Mortgagors. fw themselves and their heirs, legal representatives, successors snd augns, hereby jointly snd aeverslly covensnt and ayree ~
~o and with the sa~d NIORTGAGEE, its successors and assgns:
1. To psy and singular thc principa! and interest and the various ~nd wndry wms of mw~ey payabk by vinue of said promissory note, and tbis ~
~^:or~gage, each and every, p~omPHy on tF+e days respectively the same severally becorne due. ~
2. To psY sll ~nd s~ngular the ta:es, assesunems, levies, lisbilities, obligstans ~nd erKw~branca of every nstwe and ku~d now on s+id described ~
croperty. d that hereafte~ may be ~+nPesed, suffered, p~~ted, kvied. a assessed thereon. w thst hereafter msy bs levied or assessed upa~ th~s,N~
age, or the indebtedness secured hereby, exh ~nd every, wFx~ d~e ar?d payabte, xcordin3 to law, befae they become detinquent, and befae any .
~•r.ches or any penalty is ~~curred; ANO INSOFAR AS ANY THEREOF IS Of RKORO iHE SAME SHAII BE PROMPTIY SATISFIE~ AND DISCHARGED OF
c~ORD ANt7 TME CRIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR lNSTAtJCE, THE TAX RECEIPi OR THE SAIISFACTION PMER OFFICULIY ENDORSEO
y» CERtIP1ED) SHAII BE pIACED IN THE HANDS OF Sn10 MORTGAGEE WIiHIN TEN DAYS NEXT AftER PAYMENT; and in the event that any thereof a not
„>~d, sat'sfied and dixharged sa:d IAORTGAGEE msy at any time pay the same o~ +ny part thereoi witlwut waiving w affetling sny option. IiM. equiTy or
•~ahr ~nder o~ by v~rf~e of ~h~s mo.tgage and the (ull amo~nt oF each and every such payment shall be immed~ately d~e ~~d WY+ble and shall bear interest
s,.~ •a~e of n~ne per ceotum pe~ annum snd together vv~th svch interest shall be secured by ti~e lien of th s m~~g}age
_
- - .
- - -.s.-~
~ _
.A...~~~~_.ye. r.,Y. , , . s~~-__