HomeMy WebLinkAbout2672 t- . , 29'7999
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THIS INpENTURE. Mad~ th~ i2th day of ~CpbeY A.D. 19
7~ b~tw~en ,
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C~~.. ~~t.r „nd B.:ai• A. W~bst~r ~ h s~ri~~ _
of St• l.IIC~• , County Flaida, hNtinaftK dssig~+~r+~t1» ~~WR1~I~60R,'S ~Ind FIRSi FEDERAI SAVINGS AND IOAN -
ASSOCUTION OF fORT PIERCE. ~ corpaatan orpani:~d tind ~xist'w~p w+der tM I~+~n of tM United Stat~s ~d AmKk~ ~md havinp its pri~ipal pl~a of
businqs in tM City of fort PiKn, St, l~ch CouMy. F~ida, her~i~wfte? desipnated a tlw "MORTGAGEE."
WHEREAS tF» MQRTGAGOR is juttly ind~bt~d ro 1M MORTGAGEE i~ tM swn ot Z..~7 ~ 6~' ~ . yood +nd ~+wful money of fhe U~ited
Sta~es advanced by ths MORTGAGEE un~o ths MORiGAGOR, ~s ~videnced by -a cerl+ln promiuory ra~~ of eve~? dat+ herwvith, of which the fdiowirg ln
wwdi and fiyures ls a lrue topy, lowit: . .
=~~6~_~ N, 10021138
fort Pieru. Flaida. ~C~b~! 12 19 74
fw vslue received, 1, we o~ either of us, p?omise to pay, without def~ication, to the wder of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at iat Pierce, Florida, the sum of S-~2_6~• ~ wilh inte~est from date at the ?att of .~t~9L par ~tx~um, in monthly it?stai{-
menb as fol!ows: S 329.00 on tAe~~l_ day of Yc~! . 19~-- u+d a lik~ swn on the correspa~dinp day o~f esch mmth th~n-
after unlil the whole be fully paid.
E+ch ir?stallmem first shsll be applied i~ payment of the interost and then on the unpaid.balaiw d tM pri~cipal wm. If defwh b msd~ in 1M
FaymeM of any inatallment whan due, and such default continues 30 days, then at ihe option of the holder, aod without any other rlot~ce, all tFw rtmaini~q
~n:tallments ahall be dw and payabk af axr. P~ivilega a given to p?apay tha note in whol~ w in p+?t +t any time witFaut pena~ty. Neitl~ torebtaranc~,
noi accep~ance by the holder Ihereof aftcr any defavlt in any payn+enb her~oe. shaU b~ deaned ex~ens~on• A Iste payment cMrge of i 14~45 sha~~ b~
added ro each ins~alime~t remaining unpa+d 7 days after its d~e da1e, ~qd ~(ike wm ahall be added to eath wch inital{ment ttmainiog unpsld 7 day~ ahN
each succeedirtig p+yme~t date. • ~ ~
Each maker, surety and endwur Fmreof, jointlx and uverally, w+ives demand, presentment prote:t and raY~ce of protett for nonpaymenl, snd fvrtMr
agrees to any eztensan of ~ime of payment, eifher be(ore w after maturity, without not~ce to any of ut; arn! to pay all cosis oi coliection, includ'ug •
r~as.rrabSe ai:c:ir.::y't !ae in t#a s~_;;: n~ _nY ~~f•..~. a~ !+!%eby sev~~sllY w+~ss all be~efit of horaestead at?d exemption 1rQder ths tantitution
a~,d laws of each State of ~M United States, as against this obligation w any eatensio~ w renewal heraof. v
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Witness the hand and seat of each party.
~/Cl.~Yt ~s W.1~~t~r ~p
_ ' , . (SE1?U
s/Bessi~ A. Wlbst~r ~
S~! ~ 4O t State Revenve . -
{Srsiwp~ sw»eUaJ~ ~wsiiwl. wW~) .
NOW, THEREfORE, the MORTGAGOR fa the pwpose of securing payment of sa7d :um of = 37 sb~• ~ , snd tM p~rfom?~nos of tM
covereants and sDreem±.nts hereinaiter expresse~. snd for divers yood ~nd wlwble conside?~tions." by thest presenta, does gra~t, bar9~;n, s~ll, temis~,
retease, convey and confirm unro the MORTGAGEE, ib succeuors and assigns, all tMt cenain bt, piect o? patce) of land, situate, lyiny, and. btinp in tM
County of $t. LtiCie and Stste of Fbrid+, desuib~d ~s follows:
L.ots 46 and 47, Block 2~, INDIAN RIVBR BS?ATBS t~1IT 7, accozding to tbt plat there-
of on ti1Q in Plat Book 10, Page 5, Public RecoYds of St. Lucis Co~ty, Rlorida,
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!ogethe~ with sll and singvlsr the tenemcnts, hereditsmenri and ~ppurts~ces therew?to belorgirg o? in ~rtywis~ ~ppKbinirg thetMo, and al) r~ri, issws,
p•oceeds a~d profits acauing snd to ~ccrue from said premises, +11 of which +re 'axlaKlad ~ the ~bo+r~ and forpoirg daaiP~ion Md ~++bs~d'~n.
TO HAVE AND TO HOW the above dewibed snd ynnted premises unto the said MORTGAGEE, iri waeaors and ass'q~s forwe?- Md th+ s~id
MORTGAGOR for th~~---- ~~~s, e:etu~ws, administrators and auigns, hereby toven+nb with the said MORTGAGEE, its succsssors and ~ssipr.
rhar tb~V d1B lawfully se~zed of th~ said premises in fea simples thst tFK s~m~ an h~e, ckx and discF~r~d han ~11 Ifaro and ~ncunr
brances in I:w or in equity, and that tb@y will and the~= - hein sMll wurant and dsfend tM titl~ to tht s+m~ to tM s~id
Y.ORTGAGEE, ib succeasors and auigns, faever against ti+e lawful cbirra and demands of alt persaas
~ PROVIDED, ALWAYS th~t if the MORTGAGOR shsll pay unto the MORTGAGfE tF~e p~omissay note hereieb~for~ dew~d and siwU trvfy, prompt~y
a~d f~lly perfwm, distharge, execWe, comp{ete, compty wi~h snd abide by e+ch a~d every the stipulations, +~reemeMS, conditian ud oovetw~ri of said
Prom~ssory nots and of this Mutgsge, then this Nbrtgage and the Eitate hereby neated shall u~~e ~nd be null +nd void-
IT IS UNOERSTOOD thst the wwd "Mortysgor' whe~her in the ~irgular a p(wsl u?ywM+~ this AAorty~ye, sh+ll b~ su+pvl~r if ont only and
shall be plunl jointly and ~everally if mwe than ons, +nd that the wwd "their" u used ~nywhtre i~ this Mat9+pe sh~N be fake~ to mtan "ha," •'Mrs"
cr "its;' wherever the context so ineplies or sdmiss. Alw, tMt wherever there is a referene~ In the coven~nri and apr~nK herein oont+irwd to +eY of
rhe part~es hereto, the ume shsll be caut~ued to mean ss well ~s the hein, 1e9a1 npresent~tiws, waesaors a~d ass~pns (eftlar vol~rntsry by acf of t!M ~
parfie~ or involunt:ry by opers~ion of the law) of the same and th~t tha covens~» I+Kein cont~ined ~hall bind ~rd tF» b~nefib ~nd sdvantapes bN+n
rc the respective heirs, 1e9a1 represent~tiva, successon and au°yns of the parti~s he?~to.
pnd said Mortysgon, fw themselves and their hein, leysl repraentatiws, svccsason u~d atsi~ns, h~reby joimFy «+d aeverally aownant and apne ~
ro and witF~ the s+id MORTGAGEE, in wccessors and sssiyru:
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1. To pay dl and singular tha principal and inrerest ~nd rhe vsrious and ~undry sums of mon~y p+YaMe by virtw of said promi:swy not~. ~nd thh ~
mortgage, each ~nd ~very, promPtFy on tFse dayt respectively the ssme sev~rally becane due.
2. To pay atl W+d sinpvlar the f~xes. ~ssessmend. Isvies. liabiiities, obliy+tiau ~nd Ma?mbranaa oF wery rwhra and kird ~ow a~ s+id d~sui~d
propertY, a that hareafler may b~ impos~d. wffered. Plseed, levied, or wessed ti~eraon. or that h~reafi~ may be Iwi~d ot uses~ed vPon tl~k Atiortp~ M
age, or th~ indebtedness secured F?ereby, e+ch and every, when dus ~nd p+y~ble. aaadinp b law, before they becorew d~lkpueM, and b~fon uq_ir~~st 7. ~
aneches a a~+y pen+lty is intwred; AND INSOfAR AS ANY 1HEREOF IS OF RECORD 7HE SAME SIiALL 6E PROMPTLY SA115FIE0 AND OISCHARGEC OF
RECORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH A5, FOR INSTANCE, ?HE TAX REtE1PT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEO p~p
OR CERTIf1ED) SHALL 8E PIACEU IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENt; and in the twM that ~ny tF~~of is nol ~~o
:;aid, sat:sfied a~d discharged ia;d MORIGAGEE may at any time paY the same a+~y p+~ thereof withovt w+ivirg or +ffectinp at?y option, lien, eqvity or
•+qhr under w by virtue of this mortpage ~nd tF?e (ull amovnt of exh and every such psyment shall be immediately dus s~d psyabk ux! sF+sll besr interest
~ro-., fhe date the~eof ~nt~l aa~d at rate of nine per centum per annum ~nd together wi?h such iMeresl sMll be setur~d by the iiere of th's morgta~e.
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