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HomeMy WebLinkAbout1498 . ~ ~ ~ , . ~ , ~ 29'7094 ~ ~ lOth Deceaber > tiu. ~v?4 ~ e.*~?..^ ~ THIS IMDEPlTURE, M~ tl» day of Too Edwazd Jones and Betty Blaiae Jones. his wife ~ ~ of St 1'uCl@ ~p~~y F{pr;~, ~~in~fter desiyn+~ed +s the "MORTGAGOR," and FIRST FEOERAI SI+VINGS AND IOAN ASSOCIATION OF FORT PIERCE. a co~por~~ion orqanissd and sxiuirg und~+ th~ laws of th~ UniNd SNNt of Mrriu ~~d h~vinp iM princlp~: Pt~c~ of busin~u in th~ Ciry of iwt Pi~rc~. St. l~ County~ Fluid~. hx~in~fiK d~siyn~t~d as th~ "MORTGAGEE," } WHEREAS tl» MORTGAGOR a jwtly indebt~d ro 1M MORTGAGEE in the ium ot i~a • QQ Qood u+d ~awful money of the Un+ted _ j Statef advanced by ths MORiGAGEE un?o 1M MORTGAGOR, as evidenced by ~ certaln promisswy no~t of a~n~ dat~ hettwith, of whith 1M followinp in ~ words and fgwes h a trve topY, towit: 1~021136 i ~.:c?~uu.vi~ Fort Pieru. Flaid+. 14_~. ~ Fa value received, 1, we w eithe~ of vs, prom~ss to pay, without defsfcation, to the orde~ of FIRST FE~ERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE al Fart Pierce, Florida, the ium or s 43.~0.00 w~~h interest from date d ~he rate of9~9b pa +ro?w++, U+ monthly install- : + "~ems ss foftows: 3 409• ~ on the Z~th d+y o{ Jane~arv 19 7~ and a liks swn on ths ccrraspond':n8 ~ay of sxh enonth th~~a- i airer until the whole bs fully paid. Each installment first shsll be +pp~ied in payment of the intereat and thcn o~ the unpaid bsbnce of the p~intipa) sum. If defavh h m+d~ in th~ FaymeM of any installment when due, and such default continues 30 d+ys, then at the option oF the lwlder. and wi~ha+t ~nY other notice, al{ tM remsin'N~y ~~srellmenta shatl be due ar~d payabte at once. Privikgs is yiven to prep+y this note in whole or in pan ~t ~ny t~me without pe~shY. Neiths~ fw~bearx~ct~ nor acceptance by tha holder there4f after any defavtt in anY paYn+e?+ts hereon, shall be deemed extension. A late paymenf cMro~ of s~+~ll be added ro each ins~altmcnt renuininp unpaid_ 7 days after its dus dat~, aod a like sum shatl be added to each such instdlmeet nmainirg unpaid 7 d+ys +her each sutteediog p+Ymen1 date. Esch maker, surety and endorser hereof, jantly and severally, wa'wes demand. p~esenm~eM protest and nolice of protest fw na~p+ymenl. and furth~~ a9reas to any extensiwi of time of payment, either oe(ore o? afte~ matvrity, withoul notice to any of ur, and to pay all coib of collection, includinp • rea:onable attwney i fee in the event of ar+y deiaull hereunder, a:~d hereby severally waives al~ bcnafit of !?omestead and exemption ~nd~~ 1he ca~stitWion ,~nd laws of each State of Ihe United States, as against this obligation o~ any ez~e~aion oi renewal he~eof. Witness the hsnd and sea! of each party_ CSEiW , 5 ?o~ Edward Jones ~ tsEnU S/ Betty Elaine Jones ~ ~64 . SO 1 $tate Revenue ~ ' 4 00 .~O _ and th~ omwnce of rh~ NOW, iHEREFORE, the MORTGAGOR for the pwpose of secvring payme+~t of ssid sum of S ,~.a P~ covenants a~d agreements hereinafte~ expreued. ~nd fa divers Qood end valwble coniide~~tions, by th~se presanls, does yrant, baryain, fell. ~emise, re~ease, convey snd confirm unto the MORTGAGEf, iti tuccesson and auigns, al! that ctrt~in lot, pieu or parcel of land, situats, lyinp. ~nd beinp 1n 11» County of St ~+Cle . u~d Sut~ of fbrida, desaibed ~s follow~: . Beginning at the yortheast corner of the IYE~ of the NW~ of the NE~ of Section Township 35 South, Range 40 East, run WesL 300 feet to a point; thence turn and - a:_~__ s_._~ :a o..:..t ~f Qenin~inn Zl1D SOUth `l~ f~6t IOI the lj~lfli f3I taec~~rir?ifay~ iil~iii.~ siv~ 3A=~ - continue South 285 feet to a point; thence turn and zun West 180 feet to a point; thence turn and run North 285 feet to a point on the right of vray line of I~TZGER ROAD, thence turn and run Bast along said right of way.line 180 feet to the Point of Beginning; said land lying in-and being a part of an unnumbered tract in an unrecorc3ed plat of METZGER ROAD SUBDIVISIO[~f, `s~i-tl subdivision lying in and being a part of the NE~ of the NW~ of the NB~ of Section 7, Township 35 South; Range ; 40 East , St. Lucie County, Rlorida J - j ~ ~ , . _ _ ~ ~ oF ~L(~~~ ~1_ _ ~dE c~. ST - ~ s~ar~+~~ t,~ x o~ Q.:+M ~ > pOCtfl~ll~~ A[tY.~"`.~;~. _ . . ~ - ~ . / ~h ~91~' ~ t~vT_Q~ Q~ ~ ~ ; ,'c~` ~ - ~ ~~~'~'~'1~ ~A• ~ '.'~~`c M Pi.° n~Ci3'T4 _ ' ~ o ~ Oa ~ ~ s ~ 4110Z ~ . . , . . . . . ~~c` a~' rogether with a!1 and singular the tenements, hereditame~ts and appu~tances the+ew~ro bebrgiig or in +oYw~ ~PP~ai^~ ~"d all ants, htwi. p~oceeds and ptofits acauing and to sccr~e from said premises, all of which sre i~uuded in tF» ~bove and ~.xpoinp dacriPtion +~d ~+b~° TO HAVE AND TQ HOID the sbove dewibed snd grsNed premiaes unto fhe s~id MORTGAGEE, ita sua.tuors and +ssiD^s fa°`nr. Md 1~ s~ !~tORTGAGOR for their tieirs, executors, sdministrators and ~saigns, hereby coven+nts with fht said N~ORTGAGEE. ifs s~?ocesson +~d ~ssipn• they aYe - tawfvlly xiud of the said premises n+ fee sin+P~e: thst Nw same sn fr~e, cle+r +nd di~lwprd fra^ ~I! lienf and ~ncunf !nat ~t pranClf io I~w or in equity, snd thst they will and their Ixin shall wsnaM snd def~nd tM thl~ to tM s+ene to th~ t+ld r M.ORTGAGEE, ib svcceswrs and sssigns, forever agairut the lawful daims ~nd demands of a{{ pKwro: PROVtQE~. ALWAYS tMt H the MOltTGAGOR shafl psy unto the MORTGAGEE the promissory~ nott h~r~+nbefon 'd~C~ibed +nd s1w11 Nuly, prompt~p a~,d fully periorm, discMrge, execute, compkte, comply with srd ab"de by e+ch and evay fhe stipuiations, spreenwnts, cond'etaru snd cover~ams of said ~rom~ssory note snd of this Mwtgage, then this Mortgsge ~nd ths Estste her~by ueated sh+ll ce~s~ a~d b~ null a~ void- IT IS UNDERSTOOD ~h+t the wwd "Mortgsqa° wFrother in the singulu a plw+) ~nywMre in rhis Maty~pe, thal) b~ sirgulu H on~ only and shall be plural jointly and sev~rally if more tha~ one, and th~t the wwd "their' ss vsed snywher~ in this Mortp+ye sh+ll be taken to m~en "his.•• ,1~t." cr "~fs:' whe+eve+ the context w impl'~es a admits. Also, that wherever there is • refa.nca in rhe coven+r?n ~nd +Oreernena ha+ein conrain.d ro.ny o# Qs~ vhe parties hereto, the ssme shall b~ construed to mesn ss wsll n the heirs, kyal ~epresent~tiws, wcuuors and assigns (sitlnr voluntary by act of the o~ part~es or involuntary by operatio~ of the law) of the sarne and ~hat the covenann herein coosairwd shall bi++d and tht baafits ~nd advantaQ~s imx~ ac » ro the respective hein, legal representativ~s, suaessors snd su'yi» of the psrti~s hereta And ssid Mwtgagors, fa thems~tves and thes hein, k9a1 rep~esentatives, svcceswn ~nd assiyro, herebY lointly and sevKally covsn+nt +nd +pne ro and with the said MORTGAGEE, in svccessors and auiyns: 1. To paY ~II ux! singular the printipsl and intereat snd tFw wriovs a++d sundry sums of moneY P+YaW~ bY ~~nw o~ s+~d PfOf^ii~Y s mwtga~e, esch and every. Momptly on tM daps respectivety tM same saverrlly becom~ dvs. c~ ~ 2 To p+y all and anpula the t~xes. aswssmenn..lwies, liabilities, obl~yations +nd encumb~anus of swrY MtW~ ~f1d k~fl~ ~bM~ Of1 Nid dlKfi~ ~ PropertY, a thst lxreaha may be impos~d, wfferad, p~aced, kvied. or swssed thereo~..a that hQreahu may b~ kviwd or a~sss~d vpa~ lhis Mort~ age, or the ndebtedneu secv~ed hereby. esd+ +nd ~very, whe~ dw and payable. ~ccwdirg ro law, befor~ tMy becoms delwpwm, and befon +nY iMwat 1~ attathes w~ny pe~alry is incurred; AND INSOFAR AS ANY TNEREOf IS OF RKbRD THE SA/AE SHAIt 8E PROMPiIY SATISfIEO AND DISCHARGED Of ~ RECORD AN~ iHE ORIGINAL OFfICIAI ~OCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR TME SAi15FACTION PAPER OFFICIALIY ENDOit5E0 - OR CERTiFIED) SHAII 8E PIACED IN 1HE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; ee+d in tM ~wnt th~t any tMteof is rw1 pa~d, sat'afied ~nd dischsrgcd sa:d MORTGAGEE msy at any time pay the same w a~y part ihereof withovt waivinq w affectirg ae+y optan, lien. ~quify or •tahr under or by virtue of this mortyaye a~d the 4u11 amovnt of each and every such p~yment ~hall be irrv~xdiately due snd payablt +nd shall beu iMNe~~ ~.om rhe da~r rhereof ~ntif pa~d at rote of nine per centum per annum anA Myethsr with svch interest shal) be tetured by ihe lien of th's morgtage. ~ ~ x~" ~ ~ ~ ~ r ~ _ . . _ _ _ _ . _ . _ _ ~ 4_~ ~