HomeMy WebLinkAbout1819 2~84'7
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THiS iNDENTURE. N4q~ ~I~_ ~tb d+y of ~Pte!l~fY - A.D. 19 74 Mtvr+ee
_ Mi~1+a~1 ?i~othv H~1Laad 6vQ1vn~Ipy.C~~11}- Lis..x3~! M
oE ~ `St• LuCiO County Ftor;da, he~elnaifa desig~~a?sd a• the "MnRTCAGQR." and FIRST FEDERAI SAYINGS /?NU IOAN
ASSOCIATIJN OF FORT PIERCE, a corporat~on aylni:td ~nd axiuinq ir?dcr the le-~rt of~~U~ ~i~f~~~~d Mvinq i~s ptincipal plac~ oF
busines~ in 1F?s City of fort oierc~. Sf. lure Cavn~y. florida. h-reinehe~ designatcd as ~h~~IbA ~G ~
WHEREAS tiw MQRTGAGOR ia jvatiy indebted ro Ihe MJRiGAGEE i~ the s~m cf ~~0 ~ u~d I~v~ful mor.ey of the Un~ted
S~jf~s aJva~ced Ly tha MORTGAGEE unto the MORiGAGOR, ss evidr~xed by a ce+ta~n p? hiD~y~~o1d ~'~~~t~ ~rew~th, of wh.ch the ialow~~g in
r.orda aod f:qures is s~ruO cOpY. eowil: ~1?,•: y ~:~~~i ? 1~•Zl~~
s 24 0.00 l! ri~
. F~ R:i~ ~;d~t'S~ a~pte~ber a 1994
for va'.oe receive~d, 1, wc o~ e~tlwer of un, {komise to pay, ~v~lhout dt~atcat;on, to ~hr nrder of FIRST FEDERAI SAVINGS AAI~ I~AN A~SOCIATION OF
::~T PIERCE af Fut P.er.c, r.~nda, t}x s~m of ~?aL~~! N:~h u.ce:es~ Hom dafe at the rate oi ~7~ per an~um, in mavhly irtstap-
••.~s as fo~:ows: 5228!~-- on the ?Othady o~ ~etober ~y._ 74_ a~ a I~ke svm on rhe cwrespwd~ng day of each month the~r
c: ~ntil rt:e wFio:e tx iully pa~d.
Each insra~imrnt first a~all 6e +ppl~ed ~n pa)~~ent of the interea~ and then on +he unpaid balance of the princFpal sum. I4 defau't is mad~ in the
~.,;:•,an~ of any :~ufai~ment when dus, and such ~efaul~ cont~nues 30 daya, then at fhe opt:~n ef the hokler, and without any other not]ce, ~tl the rema:ning
~sra1'ments sha!1 be dx ano oayabk at onca. Pri~itr3e is g~vrn ro preaay thia note ~o wlwle w in p+r1 :t any tune with,:ut penalry• Neii 4 beatante.
~cceptance by the heldrr thereo( aitr. any deiault in any pay~»en~s he~eon, shall be d_~e~ed extension. J? I~tr payment chu9e of S-! sh~~) b~
~:i,d to rach ~ns~aliment remain~ng unpa:d 7 days ri~er ita due dste, and a liae sum shall lie added ~o each such irtstallment ~ema~rnng uepaid 7 days ~fts~
--.h succceding paymenr date.
Each maker, surety and endorsa he!rof, join~ly sr.d severalty, wa~ves dc-marid. presentment protest and not~ce of proteat fw ~onpay+neru. +nd furthe+
,;rees to any oxtens~on of n+ne oi paymcnt, c~ther b~fore o+ after mawrity, wirh;w~ nohce to any of us; and tn pay atl eosts of m~kction, includ:rg a
:,so:,able aitorney's fee ~n the evertr of any defa~:t hercuoder, and hereby severally waives a~l benefit uf homestead and exemption undet the tonstih+lion
=~,;i !3ws of each Srair of the Unrted Stares, ~s aya;nst this obGyation or any extens~cn a renewai hereot.
Wi~ness the hand and seal of each parry.
s/Michael Tiaothv Hill ~
cs~?t)
~ gvg~~~vice Hil 1 _ _ (~?q
tSEAtI
State Rerenue
~ ~rwp~ ~aRwYao ~i~irL ~cre)
NOW, THEREFORE, the MORTGAGOR for the purpose of securing psyment oi sa~d s~v++ of S 24 ~ and the performance of tF~s
co:ennnts and agretn~e~~ts hereinafter rxpresstd, and fw d~vers good and valuab:e cons~deratioos, by thsse prest~+ts, does gr~nt, barg~i~ ull, rem]x,
.._~ase, tonvey and conf~im ~nto !he MORTGAGEE, its successors and assi9ns, ati that certain bt, piece w putel of Iand, situate, lying, and being in ~he
Cconry o! $t• l.t1C~~ and State oi fb~;da, desu~bed a follows:
Beginning at the Southwest Corner of the NW'~ of the NB~ of Section 30, Yo~wnship
35 South, Range 40 Bast, run NortA 339 feet, thence turn and run Bast 235 feet
theace tur~ and sun Nozth 395.5 feet to the point of beginning, thence twrn and
run Bast 359.58 feet to the right of way of Da?~e Road, thence turn and zuu North
along the ~1eat right of way line of said Yoad 120 feet, thence turn and run i~lest
359.id f~~, thonce twcn and run South 120 feet aore oz less to the point of
beginning,
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v: N ~CUM~N! AR_•,~ i:-_____ i o~ ~,v~~n.
~~EP'~gEYE`iUE' 3 6. ~ 0 ~ ~D ,g~ fE~~ 1911.
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rcg-ther with all snd singulsr the tenements. hered~taments and apQurtances thereuMO belonging w in s~ywise apperbining thHeto, and sll rMts, issties,
:-oceeds and profits accru~ng and to MCf~Y from said p~emises, afl of which are inctvoed in ii~e abave snd fweya+ny dewiPT~o~ +~d h+bee~d~w~~.
TO HAVE AND TO HOtO the above desa~bed a:~d granted premises umo the sa~d MORTGACaEE, its succeuws snd assi9~s fwever• A"d 1!~ +s~d
.+~RTGAGOR fa ~+~s, executors, administrators and assigns, hereby covenanh with the s~id MORTGAGEE, its tuccessws ~nd assi~»•
`~~r ~-~E--- ~awfuily se~ied of tiK said p?em~ses ~n fee simple; th~t the s~me ue free, ctes? and discharged frwi+ all liens and ana~nr
•-~.ces in law or in equity, and tFwt_theT wilt and t~1@lY heirt shsll wu~aM snd defe~d the title b the sarnt ~o the ~aid
•.'.'~RiGAGEE, its successors and assigns, fwever againsr the lawful claims and dem+~nds of all persor?s;
PROVIDE~, ALWAYS that if the MORTGAG~R shall psy unto the MO4T,rsAGEE the promisso~y ~wte he?einbefore desaibed and sh+li truly, promptly
y'.~+iy perfe~m, d~scharge, execute, canplete, ~ompty wnh and ab~de by exh and evrry the stipulations, agreemenri, conditqro ud coven~nri of ssid
~~.~sswy note and of this Mo~tgsge, then thif M.ortgage and the Estate hereby uested shall cease and bt null snd void-
li IS UNDERSTOOD thst the word "Mwtgagor" whether i~ the s~ngular w ptural ~~ywhere in this M~rtgage, shal) be sinyula if ont only and
s~.a:~ be plural jointly er+d severally if more than one, and that the ~vord "their" ss used anywhere in this Mortgspe sh~ll be taken ro mean "his." `~+ers."
'",ts;' where.er the context w~mplies w admits. Also, tha~ wherever there is a reference in the covensnts snd sgreert~enb herein contained to ~rry of
~~e parties hereto, the same shali oe cons~rued to mean as weli as Ihe heirs, kgal rep~esentatires, successon and suigns (either volvntary b/ act of fht ~
;,arr;es or inv~luntary by opera:ion of ~he !aw) of the same a~d that the covenants herein contiined shsll bind ar+d the benefiri and advsntapes irwr~ M
•a the respective heirs, kgal reprexntatives, successors and ssrgns of the parlies hereto. V~,/
And said Mo.tgsgors, fw tncroseivcs and their hek~, legal rep~esentatives, successo~s and suig~, hereby jointly and sevaally wvenaM ud ayree ~
!o and with tF+e said MORTGAGfE, its successors snd augns: ~
1. To pay sll arxl singu~+r the princuwl and in:erest and the vsriovs and sundry w~ns of money payable by virtue of said promiuwY note, and this ~
Tor+gage, esch and every, promRtiy on the d+ys respect~vely the ume uveraliy become due.
2. To p~y all and s~ngulsr the tsxes. assessmen:s, levies, liabd~t~cs, obligations snd encumbrancd of every ~atwe and kind now oe ssid dao?~d ~
proper~y, a that hereafter msy be N.+posed, suffe+ed, plsced, levied, a sssessed tf+ereon, w tMt hereafta may b~ levied p assessed Wa~ this Morq~ ~
age, a the indebudness xcured hereby, exh and every, whcn due and payabfe, xcwding to law, befwt they becortri delinqvent, u+d bsfor~ +nY i~fK~s~ ~•\t
atrrches or any penalty ~s incuired; AN~ INSOfAR AS ANY THEREOF IS Of RECORU THE SAME SHAIL EE PROMVTIY SATISfIED APW DISCHARGE~ OF p~~j
?~CORD AND TME ORIGl1`AL OFFICiAI OOCUMENT ISUCH A5, FOR INSiANCE, THE TAX RECEIPT OR TME SATISFA~TION PAPER OFfIGIAILY ENOORSED O
';R CERTIf{ED) SMAII 8E PLACED IN THE HANOS Of SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; snd in the event lhat any thereol is ew~
:,a~d, saYSf~ed and discharged sa'd MORiGAGEE mav at any nme pay the same o? any part thereof withoue waivirg w affectirg any opYae~, lien, eqoily a
.,qh~ ~,ndzr or by v~~!ve of th~s ~*:orrgege and the iu~l amo~nt of each and every such payment sha~l be imrnediately dve and p~yab~e and shall bear interes~
.r~ . . ~ •a of n,ne per cent~m oer annum and togerher w'ah such interest ~l~all be secwed by the lien of rhs ~c~g~ege
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