HomeMy WebLinkAbout0518 ~g~?8~; E~ ~
,
THIS INDENTURE, IWd~ the ~3rd d+Y ~ ~ly /1D. ~9 7~ Ee~w~
John W. Glenton and .~uQe.Ml.GleAtoa, bis wife
of $t . ~C~Q ~px~ty flor~da, haeinafter des:~~~+ed as ~.e `N10kiG~?GC~.' x+d FIRST FEOEQAt 5~?VINGS ~?ND IOAN
ASSOCIATION Of FORT PIERCE, a corpo.at~on o.panized +~d e~ui~p w+d~r the i+ws of tMe tk~:*ed S~+~s d Aw~erK+ +i+d 1~`^~ 'a P~'^~'P~~ P~+~* ~
bus~n~ss in the City of Fort Pisrce. St. luc~t County. Florid~, here+n+her des~9^+Nd as dr 'Nb~TGJ?GE~
WHEREAS the MORTGAGOR is jus~ly indebted to tfit MOitTGAGEf :n MK s~.m of S 16'~~•~ good and iavrfu: ~'o"~Y °f ~ Un~ted ,
S~ates sdvanced by the :~AORIGAGEE unto tAs MORIGAGOR. as e~.de~+ced by • oen++~ P~o~so~Y 1O~ °i of w4uc1+ tAt fdbw~ng in
words a~d fi9ures is • t~ve copY, towit:
~ 16.000.00 , ~~w, 1[~o2A009
~ _ fon P:nc+. Florida. •~N1y c.is 1~ i~
For value recc~vcd. 1, we a e~the. oi us. prom:se to pa~. w+ihart dcfa!c~:.a~. ~a ~+e wde. of fi~~ FfDERJLL SAVtNC,S AND IOA.Y ASSOCtAiION Of
FORI PiERC~ at Fo~t Piercr. Fbrida. tne sum of S-- 161~0•~ v.;rh ~rncresi ft~m date at N~e rafe uF 9.7~ pK +~~m, u+ mor~thly ieutall-
-~~fs es fo!lows: S 152 o~ ~he Z~Ltf day of Septe~ber 19 7~ and a idcc su~ m d?e oorresponctn~ day of each month there-
actrr ~ntil the whole Ix fuliy paid.
Each instaltment f~rst sFw:l bs appGed in paym~n~ of the ir.mese u~d +Fx+~ r+~e .,•rqGid b+'.a~ce of ~i.a p~++~p+~ s~+,'+L tf defwh 's m~de in 1h~
~:.~,~nem of any inataitment when due, uid such defaul~ con~.nvea 3(3 d+Ys, than ~t !t+e op~~on e~ the ~w.de~. and ~.:-'i+ou! +^t/ oti+e! "ot:ce, atl ti+e remslning
~•~stat;ments shafl be due and payabla at once. Pr~vikge is g;ven to prepaY th~s ++ox ~n .yw~e a? Pan a~ +"'1~ ~"!e ~ P~^~1~. ~it3xr forebsa?x+u.
?.60
~o. acceptance by the ho+cier thereof after any default ~n a~y perments l+erco'+• s?,~fl be d~e*''~d ~j~'°'°°~ A 1+~ ~+Y"'t"s ~°f S
~~+s~.d to each insrali~,enr remaining unpa~d 7 days atre+ its due d++e, and a ~~ae s~~s+ s~I+ be added a eac1+ wcf~ .r~+~~ ~TM"ti^9 `K'W'd 1l~
e~:h succeedir.q paymertt date.
Each maker, surety and er.dorser 1,ereof, j~,:,}t~y a:.d sr:F:s::~, ~*•=:~'ts d='^-""!, F'!-'='^""r^' ~'O~ ~~'Dt'ce °f p°test f°r n°npaY*~+~'
a~rces to any eitens~on of time of paymeni, e~the~ bejore or afte~ mstunry, v?.tnou~ ~sc~fe ta an~ o~ us: +^d to P+Y ~~a~~iO^' ~
re~sonable attwney's fee in the event of any dafa~;~ hereu~de~, x~d h~+eby s'.r•a::y '~~~"es au be^~f't °f lw~tead a~+d e=e+*+Pt:on w~der the constitutioe~
, d taws of each State of the Un~ted States, as against th+s ootya~ion or a+ry e¦tens~* o~ re++e++~ he*e~f•
W~tness Ihe hand and seal of e,ch pe+tY. -
~U
S/ John M. Glenton ~
(SEwU
~ 5/ June M?. Glenton ~
__~24 • ~ ) State Revenue
1
N~'N, THERfFORE, tM MORTGAGOR for thc purpose of securing p~~~me~t of a~;d s~xw vF S 16•~~.~~ +^d t!~ Peti«^*r~c~ of the
covenants and agreemcnts hereinafte~ e:pressed, and fa dive~s good a~d w~+rable canc.aerat;on~. by tl+ese pe~ das 9~ant. b+~gain. setl, remise,
release, convey and coniirm uMO ti?e MORTGAGFE, its wccesso*s +++d ass~9^s. aii tt~st cen+~n iot, pieee o~ pa~te~ of ~d• s~w~ ~ll'^9~ ~'^0 ~
$L . I.UCl@ u+j Stxt~ of fbrida, dsan~ed ~s ioDorr~
Couny of
Lot 2, Block 17, PII~WOOD SUSDIVISION, as per plat thereof on file
in Plat Book 5, page 24, of the public records of St. Lucie County,
- Florida
~ ' TE ~~~~te~~ 4
~ STA =
~ ° DOtJ3AEh ~AFY,-.-=~~STA___
Mg ~
~ = o o i
; _ _~iz; ~ 2
-z .~.,r
~ N - p~ . - ~
~ o -
~ ~ -
~ _ C Cl q4 Q11f*!ET(T UF TAi~
111E 011 CtASS'C MITIIpGlBI.E Pf:~',3l P~Op~Yi
A~stwtr m o~~ na~. x~s of isn. ~ c
~oc~x ~curw~s y
~ ~ a.~ a~aaT oowr, sr. wc~ aa~ a~ (
- ~oget!~t with all and singular the tenements, he~ed~~+t^e^ts ~~+d +PD~~~ ~~~0 ~ ~ ~w~ ~ ~ ~ ~ ~
~ ~ roceeds and prof~ts accrui~g and to xcrue from said pen+is~s. ~1~ of wMwch are incwided 'r+ ~e abore a~d far~o~e~9 da°'P~~
TO HE1YE ANQ TO HOID the above desuibed and gramed pe~r+=ses uruo rhe sa+d 1MORTGAfaFE. us s~+ooessas and sss'9^s fwe~ra_ Md tl» said
~ ~.1~RTG R for -~IL----- ~irs, exec~tas, adm:o:srrators and uign~ F~ereblr oo~e~was wa~ ths said MOrtTGAG~, As ~+c~eno~s +~d
-~~QY a=e - lawfully se~zed of the said prem~sa ~n fee sKr+ple: M+a~ the sarwe are f?~ c~ +~d ~
~ :,~aMes in law or in equ~ty, and that-~..Jt will and their h~ira sha11 ~rarrsnt and defeed tht titlt w the same b th~ s++d
:~.ORTGAGEE, iis iuccessors ar~d aug~n, faever sga~mt the lawfu~ claims ard d~ar+~ o~ a~ p~:
~ PROVIDED, ALWAYS tMt if the MORTGAGOR sha8 paY u^to 1i~e M~ORTGAGEF ~e Pro^~ ~°k ~~OK ~y' ~M
3-d fully perform, d~scharge, exec~fe, complete. complY w~th and ab~de b~r exh and ere*Y the uipub~p^s. +9"een'e~s~s, ar~`t+~+s ~*~^a °f sa'd
~ ;.•o•msswy note and of this Mortgagc, thm tFus MortgaQe a++d the fuate hereby aeated al~M oe~at and be au~ and r°'d- pO
if ooe or~y and O~v
IT IS UNDERSTOOD tfiat the word °Mortgagor" wF+ether in the s.ngular or p~ws~ anYwi~us w Nrs Mo?t9~ ~t
~n di'a shitl be taken w rnesn 'hi~" 'hers•° ~
~ s~a!! be plural joimly and severalty if more than o++e. ~nd that the wad "~l+e'r" as used +R+Ywhe+~ - ~M ~j~
cr ..its:' wherever the context w implies or adm+ts- Also. N++t where~ the*e 7s ~ refere+iae i~ t~e cwe~~s ~d
~ ;re partiea nercto, the same shall be construed to me+n as well as the heira. k9+~ re~e~. wo~~s +ss"9~~ (s'~ ~~°f the
~~€s part~es w involuma~Y bY operat~on of the law) oi the same and rhst the mKrw+es Herei~ aonni~ed si~Y bird snd tf~ be~Kfits and advantap~s inurt Q
ro the respective heirs, legat representatives, successas and ass~s of the Part~es he?eb- ~
And said Mwtgagors, fa tk+emxtves u+d tficir iceirs, 1e9+1 represerdasiKS. waoessors ~rd assig~~ ~~eb7l i~1~ ~''~~~1? c~snaM a~d a9r~e ~
ro and with the said MORTGAGfE, in wccesso~s and +ssigro:
~ 1. To pay dl and sirgulu thr princip+l and interest and the various and sw~dry su~s o4 ~w~e1f P+r+~ M~tue of s~id promissorY rwte, and tha ~
mortgye, e~ch and every, promptly on the dayt respettively ti+e same sevs~+~fr beo~ du~-
2. To pay all and s;ngvlu the ta:es, assessmenn, fevies. li~bil~ries. oblig~tions and ena~wbrancres of erery naw~r~ snd kind now on aaid dew~bad /~~y
~ properry, a th~r hereafier msy b~s impoted, wffsreQ. pl.ced. 4vied, o? asesxd t!+ereo0. a? ~1? ~~°t W
~ age, ot the indebted~u secured hereby, eath snd eve~Y. when due and p+ysble. sawd+g w 4w. befare ~1 bem~e de6n9?~nt• and beiwe arN irwrast
ar+aches or any pena~~Y ~s ~M~red; AND 1NSOFAR AS ANY TMfREOF IS OF RKOitO TME 511M1E SFl~LLI ~E P~OAf+PT~Y SAft5f1ED AND DISCF1ARGfD Of
RECORD AND THE ORIGINAI OFFICIAI OOCUJNENT (StlCH AS, FOR INSTAt~'Cf. THE T/U( RKE~T OR T!# SAT15fACT10N /APEt OffKIAll1r ENOORSE~
~ CR CERTIFIED) SHAII BE PtACEO IN THE HANDS OF SA~D MORTGAGEE W1THtN TEN DAYS ~FXT I1F7E1t PAYMENT; and in N+e even~ N~a~ +RY the*eof is ^a
aa~d, sat'sfied and diacharged sa d MORTGAGfE may at a~y t,me p+y the s+ene a+*+7~ W?~ +^t~'~'~ "~"^"9 °f affect'^g an~l °pti~. ~fl~Y a
•~qht vnder or br virtue of this morrgage a~d the full amoum of eath a~d eve*p wcl+ p+~~ sh+~i be :~ed~+kM ~+"d WY+a~ ~~++11 bcar interest
r.~.. •ti~ da~e the~eci Lr.t~! pa d a~ rafe of nine per tentwn per annum and Wgethe* w.th such nteres* aMM bt sea+?ed by tAt I~er: o~ th s rr.orpragt.
y d- ~
- - -
y = ~
~ - . - - = _