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HomeMy WebLinkAbout1658 ~ ~ i; J ~ a 290'7~8 THIS INOENTURE, Mad~ tn~ 3rd d~y of Septe~sber A.O. 19 74 betw~+n ~t~ ~ James B. Hayes and Ruby D. Hayes, his wife. of St i uC~ County Ftor~da, i+Kei+whe~ d~signated ss "MORI~C3ACiOQ:' +'+d f~Ri ,fEDERAI SAVINGS AN~ IOAN ASSJCIATION OF FORT PIERCE. ~ corpaaiwn orpaeised ae~d ~xis~irg w~dar IM laws of ths Unit~d Suty af AreMlijo~~ h+vinp ia principat pf+c~ of business tFw City ot fort P~erc~. St. luci~ Co~rnty. Fiaida. hereinafter de~iynate.i ~s ~hs °ARORT G~." ~ t ~ & WHEREAS the A0.0RTGAGOR is justly indebted w 1M MORTGAGEE io the sum of S 22 s-~ ~ ~ f~~ ~"d ~~""i"~ 'T~O^eY of tha Unlted ; Srates advanced by the MORTGAGEE u~to t~e MORTGAGOR, ~s evidencrd by s terta~n promiuwy nott of evrt~ dsts her+w~tly ot wF+~cfi the fdlowirg in words +nd figurd is a frve copy. towit: ~ 1~21~~ s 22.800.00 ~pt~ber 3, 1974 Fort Pieta. fbrida. fd valve received, 1, we or either c+f us, pcwnix to pay, withoot defatcat~on, to the o?de+ of f1RST FEDERAI SAVINGS AND IOAN A550`IATION OF %ORT PIERCE at °at Pierce, Florida, the sum of S~'~~•~~ - w~~f~ inre+rs~ ircrn dar~ ~t ~he rate of ~~lfs pe+ snnwr~. i~ m«+thly ~nst~Il- „ rnts as fo;lows: 5-~~-~ on the d+y af ~tober 191~ and • like sum an the correspaxli~+9 d+y c•f each mo~?th tksrr iiter unlil ths whoie be futly paid. } Each inseall.-nent tint shrll be apptied ;n payment of ehe inrrrest ~nd t}~n o~ t}w u~paid balarxe of the p~incipal xm. If de~i~41 is ma~M 1~ the + ,,,~•tznt of any +nuai:roenr wha~ aue, and such defauit com~nues 30 days, then at thr opt~on ot Ihe halder, and without arry ed~e* notic~. 1he remaining i ~~staliments shall be du~ and payab!e at once. Priv~lege is given ro prep~y fhis nolr in w~a~e ot i+~ put at anY ~~x w+thcut pen~:~y. Ns~~ O 8 ebe~++~e• ~o• accep?a:xe by ~he ho!der thereof af~r~ any default in any paymen~s he~eo~. shall be dremed extensien_ A Isre pay~*~em d»~9e of • sM~l be _:d~d Io each insraltment remaining unpaid 7 days after iri due date. and s tike s~m ahall be added to exh wch instaNment ~emaining unpaid 7 dayi aher ~ach succeeding paYment date. Each make., surety ar.d endarser hereof, ~ointiy and severally, wa~vcs demand, presentment protest and noNce of praesl fo~ nonpayment, sod fuAhe~ ~~~Ces ro any es?ension oi time of paymeni, ~~!har befo.e or aher mafuroy, w.~hout ~.o~Ke to any oi us; and to pay all costs of collection, inclvdirg a e_+sonable attorney's fee in the eveN of any defa~lt }~eunde~, and hereby sevaafly waives sll beaefit of Famestead aod .rxemp~~o~ ~+~+de~ the constitWion .:d !aws of cach State of t}?e United States, as agai~st this obligation ot any extensicn w renewa~ hereoF- Witness the hand and stat of each party. s/ James E. Hayes ~wy (sE~?U s/ Ruby D. Nayes ~ (s~?u _ _534.2Q__) Stste Reven~+e , aremp~ t~neeiledrow-aigiw~i~ e+o+e) P~ Pos~ ^9 F+v 22 8~. ~ u~d the ormance of the NOVV, THEQEFORE, thE MORTGAGOR fw the r of xcuri ment of said sum of i _a P~ c~venants and agreert+ents hereinaftcr expresse~, and fw dvers good and wtwbls considerations, by ihese ptesents, does ~rant, bargain, se11. ~emise, •_:ease, convey an~ coof~rcr~ unro the IN~RiGAGEE, its successws and augns, ult that ce.ta:n lot, piece ot parcel of I~nd, situate, lyirg, end beirg in 1M Co~nty of ~t . i'uCi2 and State of fFarids, dew~bed as fdlows: Lot 26, Block 43, RIVER PARK, tinit 5, accordin~ ta the plat thereof on file in Plat Book 11, Page 31, of the public records of St. Lucie County, Florida . • ' _..---1 . ~r ~ oF 5t a i . ~ ~ ~ ~p`,~ ~ 2 ~ ~ . ~ ~ U%.v~N - ~ ~ 3 ~ r ~ o~ ~ GE j ~ ii~'~14 ~ ~ a ` ~ ~ ~ ~ iW2 ~ - dp! M~ 0~ T10(FS o ~ ~QIML ~IIO~ERIII. ~NT~TO f'~~il~'~ER~1~~? ~Cf~ ~ 3!]l. _ ; ~~~~,~Lllt'~~,i~ i ~~rarther w~th ai! and singular the tenemer+ts, hered,taments and ~ppurlances tMereunto btlaging or i~ anYwife ~PP~N~~g t~~b, u~d ~U rents iswes, ::•xsed~ and profits acvuing and te accrue from sa~d prc+nises, all or which are included in the sbov~ u+d faeyoiny desuiption and h+bendunw TO HAVE AND TO HOtD ihe above described +nd granted p?cmists ur.to the said /NORTGAGEE, its successors aod +ssg?ss forewr. Md f1w Mid :'.;QTGAG.7R fw --~~r ~us, executors, administratws snd auigns, hereby cove++ants wish the said MORiGACsEE, its waessas and assipns. ,~i _ t}1ey are ia,,,,f„~~y x;zed of ti~e sa~d prem~ses i~ fee irnple; that the ssm~ sre free, ckar and dachsrgsd fraen ~II liens and enc~nr ~ thgy thei r ~;n ~11 wurant and defend the titk to the s+me to tM wW ~•ances in law ot in eq~=ity, and that w~~) 7RTGAGEE, it~ svcsessors and au+gns, forever against the lawful claims aod drmsnds of sll persaa; PROVIDED, ALWAYS th~t if the 1MORTGAGOR sha11 psY ~nro the MGRTGAGEE the pramstory note hereinb~fa~ d~K?ibed and shall trt~ly, protnptly a`u~;y perform, dixharge. execute, complete, c«»ply with snd ab~de by each and every tne stipulatio~s. ~greemenb, conditions +nd covenaMS of s+~d ,c-~~ssory note snd of this Mwtgage, then this Mwtgage a:~d ~he Estate hereby veated sh~ll cesse and be rwll ud void. IT IS UNDERSTOOD that the wo.d "Mwtgagw" whesher in rhe singular a piwsi anywhere in this Mort9aQe, sh+tl bt sinpular if one only ~nd sF.a;t Se plurol jointly and severatly if mae thsn one. and that the word "rheir" as used anywhere in thFs Mwtyaye shall be taken to mean •'his;• •'hers." bs!' ,'~+s;' wi~erever the context w implies w admits. Also, that wherever fhere is a nfaence in the cavenaon snd syreemeob herei~ oo~tsined to s~r of .~e parties hereto. *he sa~ne sh+fl bo construed to mesn as well as the hein, legal represent~t~ves, wccesson ~nd ~si~pns (either voluntary by act of th~ ~ aarr:es o~ inrduMary by opet+tion ef the law) of the s~me u+d that the covenants herein contsined shall biod ~ed the btnefits ~td sdvsnfapea inur~ •o ~he respective he~n, k9a1 representatires, successon a~d su'gns of the panies hereto. qnd sa;d IVb.tgagors, fw themselves +nd the~r hrirs, kgsl representstivd, succeswrs and +ssip~a, herabY ip^tly and swaally covenant aed ayne ~o and with tl+e ssid MORTGAGEE, its wccessors and ass'gns: ~ 1. To p~y ~li snd sirgul+r tiu principal and interest and tFK v~rious and wndry sums .~f moneY P+Y+~~ b1/ virtue of said promis.wry rwfe, and this -ortgage, each and evary, promPtiy on the days respectivcly tF~e same xverafly becomt due. ~ 2. To pay +11 sr.d singulu the taxea, sssessments, levies, liabilities, oblig+tions and ennwnbr~nces of tvery n~hrre +~d kind ^ow o~ s+'d d~~~ property, a tMt here+f~e~ rnsy be ~mPos~'d, wffered. Placed, levicd, or auessed thereon, a that hereafter may b~ lsvied or ~ssessed ~iPon this Morq' age, w the indebredneu secured hereby, e~ch and every. v?hen d~e and p+YSbk, sccordi~g ro law, befae they become delinquent. ~nd befor~ a~ryr i~saw a~rrches w any penalty 7s ~ncu~red; AND INSOfAR AS ANY TNEREOF IS OF RKORD TFSE SAME SHAII 8E PROMPiIY SA115f1E0 AND DISCFIARGED Of o;CORD AND THE OR~GiNAI OFFICIAt DOCUMENi ISIKH AS, FOR INSTANCE. THE TAX RKEIPT OR 1NE SATISfACTION PAPER OFFICIALIY ENDORSED G2 CERTIf1ED) SNAII BE PIACED IN THE FIANDS Of SA~D MORTGAGEE WItHIN TEN DAYS NEXT AfTER VAYMENT; and in the evenf that arty t1+Naof is iw1 pa~d, sar:sfied ~~d discharged sa:d 1VIORiGAGEE may at any t~me paY tfie same w any pa~t thereof withovt waivirg w affectinq any. option, lien, eqvity or •~qfi~ u~d~r w by v~rr~e ~f th~s m.orrgage and the full amount of exh sr+d every wch par~~t sh+~~ be immediately dve snd paYable and shsll bear interes+ c, ,ti~ ,-e.e_ c^• °•~Te of nine per centum per annum snd together w~th wch ~nterest shall be secured by the lien of th s To~g~age Ci"~ ~J^ . - _ . _ . . -~~...."^%?e~ . ~i ~ 1~~~ ~ ~ _ .i'~l.~?'-~ KC ~.:i~ ; S _ _ ~ . . . _