HomeMy WebLinkAbout0091 291'762 _ ~
THIS lNDENiURE. Msd~ the~ llth day of SCpLelobE'1 _ q,p, ~y ?d betwa~n
Ghester L. Rurns, .lr a sin~I~t adult,` ~
oF St~ LuC~P Counfy Flaida, herain;fter des'~g~ared as ~he "MORTGAGOR;' snd FIRST FfOERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE. a torpw~t~w? wga~i:ed ~nd ea~e~in9 unde~ the law~ of the United St~qs of A~nerit~ and h~vin~ iri prir?clpal pl~ct of
b~s~ness in ths Ci~y of forl Pie~ce. S~. lucie Gounty, Fiorida, hereinafta~ desig~ated a~ rhe "MVRIGAGEE:'
WHEREAS ~hs MORTGAGOR ~s jusily ind¢bt~d to ~he MORTGAGEE in the a~m of S- 35s~~. ~ , good end lawf~l mor.zY of ths United ;
Si.+fes advanced by the tAORIGAGEE unro the h10RTGAGOR, a~ evidr~xzd by a cerfaan promistiwy note of even date herewith, of wh~ch the iol!owin~ in ;
v.crds and figures is a true cupy, ~o-M•it: . ~
s _~~n00. 00 _ r,~, 10021072 ~
• fort Pierce, Flaida, Seaternber IZ ~ 19 74 ;
For value received. I, we or eithrr of us, pro~n;se to pay, wiihoul oefelcat~on, ro the order of fIRSi fEDERAL SAVINGrS AND IOAN ASSOCfAiION OF ~
~
.i2T PIERCE at Fort ptercc, P:an~fa, the sum of s35s~~•0O-. w,'~~ inta:res? (rom date at ~he rote of 9!
7~'o pt? annum, in moothly install-
:~s as Eoi!ows: S-~.~~-•~----- on ~hz ?Oth da~ of __9ctobgr ~~_74 ane/ a tike sum on the corresponding day of eacb moMh lherr ~
,'tr. u~~fil thr wt:o!e be fvi{y pa~d.
Eath instai~mem fint sha!1 be app':ed in payment of ~he interest and then en the unpa:d balsnc8 of the principa) sum. If default is made in ihe ~
F a,r~ent oi a~tiy insta~lment when doe, and such defavlt coniinues 30 days, then et tha opron of the holder, aRd without any ofher norice, all the remaining
.~.srallmenn shall be due and payab~e at onca. P~ivHrge is givcn to prepay ihis ~ote in whole w in part at any l~rtx without penalty. Neither forebear~rxt,
t
~:nr acceptance by the he:dcr thereoi aiter any defau~t in any payments hcrean, shall be daemed extension. A late payment charge of 7+----.~ shs1) be ~
:::i, d to eath ~nstaiiment remai~w~g ~npa~d 1 days efter its due ~ate, and • Gke sum shall Le addrd to each such insfallment remaining unpaid 7 days after ~
,~a,n succeeding paime~t datr.
Each maker, surety and encioraer hereof, ~o~Nly arsd sevtrelly, waives de~.and, p~esentmeM prolest and notite of protest for nonpayment, and further
,~._es to any ex'ens~on of n~~:e ot pay~nam, _~fher bafure w a4ter maturiiy, wirhout not~ce to any of ~s; and to pay all costs o( eollettion, includ~ng •
.~sonable auorney's fee m the e~enr oE any driautt hereunder, and f+ereb~ severaliy waives all benefit of homeslead and extmption undet the eonstitul'an
~ i!axs of esch Sta:e of the Umted Statrs. 3s aga~nst ihis obligation a any ratension or renewal hereof.
Witness ~he hond aµd seai ol ea:h partv.
~ ' ~ ~ ,y ~ ~S ester L. Eurns Jr. A ~~q
~ ngle adult ~
- - (s~W
(s~?u
, _ C SZ . SO Sta+e Revenue ~ .
~F ~e-wps iK~ee~Ned--on-cr,3ir+e~ no~e~ ' ,
NO~N, TliEREFORE, the MORTGAGOR for the purpose ef securing psyment of said sum oi s 35~~~.~ and Ihe performance of ths
,o:enaNS and agreemenrs here:nafter expressed, and fo~ divers good and valuab!e considerations, by these presents, does gro~t, bar9ain, sell, remise,
-..~•ase, convey and confirm ~nto tke MORTGAGEE, i~s wccessors and assigns, all tbat certain lol, piete or perce~ of Isnd, situate, tyiny, and being in th~ .
~t Ll1Cle ~ and State of Fbrida, desa~bsd as follows: ,
~ounry of
~
The Fast ~ oF the West of the SE'~ of the .SW~ of the SW'~ of Section 21, 'Township '
35 South, Pange 40 Fast, LESS the West 30 feet for County road right-of-way, as
recorded in O. R. Book 179, page 1600, the South 40 feet for ~Ec~vards Road, and
LESS the North 425 feet; ALSO StJBJECT to a 12-foot drainage ease4ent and right-
o`-way along the East 12 feet as granted to St. Lucie County and recor,ded:in O.R.
Rook 1'79, pa~e 1596, of the Public Records of St. Lucie County, Florida,
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. . . -~-A E ~F ~ LrJ R i ~ i
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i UOCUMENtARYs~'''
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' vEPT. UG REYEHUE ~'~'-".i '
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~T ~o a+~rr~e n-i~, ~s a~ n~i. ~l
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c~.~c c~rcur~ oouar. ar. wc~ oo. Fu
•~e+her with ali and sin9ular the tenements. Aereditaments and appurtantes thereunto belonging w in ~nywis~ appats~niny fhMeto, and all tMri, iswh. . ~
:,•oceeds and profits aaruing and to accrue from said p~emius, all of which are intluded in the above tnd forayoeng description snd habendum.
TO HAVE AND TO HQlO the above de:vibed artd granted prernises unto the said MORTGAGEE, its sutcesson a~d +signs forevet. And iFN ~aid
~RTGAGOR for h°~rs, executors, administrators and assigns, hereby covenants with ihe sa'~d MORTGAGEE, its succeisors ~nd ~s~ipra.
_--~~-1~---- ~awfully seized of the said premaes in fee simple; that the same are free, clear u+d ditchsrged from all I'Nns and enturt~
<.•,~ces ~n law or in equ~ty, and that he _ w~ll and h15 _ heirs sball wa~rant and defend the title to the ssr?w to the wid
;'JRIGAGEE, its successors and ass~gns, fwever against the lawful daims and demands of s1I persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deuribed u+d th+ll truly, pranptly
~ fu~ly perform, discharge, exewfe, complete, comply with and abide by each and every the stipul~tions, agreements, cood~r~ons and coven+nn of •a'~C
~T~ssory note and of this Mortgage, rhen fhis Mortgage and the Estate hereby created shall cesse snd be null ~nd void. _ v 3
ib
IT IS UNDERSTOOD that the wcrd "Mwtgsgoi' whelher in the singular or plu~al anywFure in this Mortgsge, shsll be ungular if one only an~ ~
~ s! a;i be pturol joiNty and severally if mare than one, snd that the wwd "their" ss used +nywhere in this Mortgag~ shall be t+ken to mean "Ais;' "hen; ;
~ , r "irs," wherever the contex~ so impGes w adm~ts. Also, that wherever there is s refereoce in the tovenants snd ay~eemeMS herein contsin~d to anyr- o
•'^e parties hereto, ~he same sball be consnued to rr.ean as well as ~ix heirs, legal ~epresentatives, wcceuors and uiiym (either voluntsry by act of t
rarties or i~voluntary by operation of the law) of the same end that the covenants herein contained thsl) bind snd the benefits snd ~dvanipes inw
; ~ the respective neirt, Irga! representatives, saccesson and asrgns of the parties hereto. _ ;
~ And said Matgsgors, fw tl~emseives and their heifi, legal represematives, succeuas ~nd auigns, hereby joimly and Feverally covenaM ud aqr~
` ~o and wi~h the saed MORTGAGEE, its successors and sasigns: ' s
~ • _
x 1. To pay 111 snd aingular thc principal and interest and the vsriocis and wndry wrta of money p+yable by virtue of said p~omiswry note, ard this
~ T.crtgage, each and every, p~omptly o~ the days respectively the u^ro severally become due. rz
2_ To pay sll and ~~r?gvlar the taaes, asseuments, levies, liabili~+es, obligstions ~nd e~cvmbances of every natwe u~d kind now on said dewibe~ ~
~ croperty, a+hat Fxreafter may be iir.posed, suffered, pl~ted, levied, or +sscssed thereon. a? tMt here~ite~ may be kvied ot uses~ed upon this Mortp-
r~ age. or the indebtedness secured hereby, each and every, when due ~nd p+y+ble, +ccwding to Isw, befor~ they becomt dtlinquent, and befot~ u~y iMa~st ~
a~~aches or any penalty is incurred; AND INSOFAR AS ANY THEREOP IS Of RKORD THE SAINE SHAII BE PROAMTLY SATISfIED AND ~ISGHARGEO OF
KECORa AND THE ORIGIhAL OfFIC1At DOCUMENT ISUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSEU ~
CERi1F1ED) SMAII BE PLACED IN THE HAND$ OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof b not ~
d, satb~ied and dixhsrged sa'd MORTGAGEE may at any time p~y the same or any part thereof without waiving or affectin~ sny option, lien, equity or ~
•~~hr ~r.~er or by v~rtue of th~s morrgage and the full amount of eath snd every such paymmt sha!I be immediately dve snd paysble and shal~ bear interest
°.c _-±,~e ~'~~•ecF ~ i c.~ ~ 3'e of n~ne per centum per annum and tpgd4er w~fh such internt shall be secured by the lien of th s~++ora~age.
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