HomeMy WebLinkAbout2042 . ' 30~(115 ~
20t h February 5 ~ ~,W~
TIi1S INDENTURE, N1~ th~ da of A.D. 1
Ch~rles W. Beal~ and Miri.,,~_~S._ ~3e~,].l'~~`his Nife
c x~ . . .
of • uC @ County Fbrid~, Iw~inah~r desipn+t~d ~s 1h~ "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a torpaation oroaniz~d u?d ~xiuinp ur~r IM bvin of th~ U~it~d Sta1~s of Am~riu ~+d Mvinp iri princip~l plas~ of
M+w»u In tM City of FoA Piaa. S~. l~ci~ Co~nty. Florida. 1~s~tin~ft~? d~sipeuqd a th~ "MQRT 5 G~
WHEREAS tM MORTGAGOR h~atly U?d~bt~d ro tM MORTGAGEE in th~ ~sum of ~ 2~ f 00 yood and i~wfu! ma?~y of ths U~ited
Stat~s advu~cd by ih~ MORTGAGEE uroo tM MORTGAGOR, as ~vid~nced by • urt~in promiuory not~ of eva~ date Mrewd~, of which ths folbwinp in
w«dt uid fp~rp b a trw copy, to-wit: 11~0~9
~ 20.500.00 ~~~o
• ~o.~ P~., f~o.w,, Februarv 20, iq_2,~ -
Fp v~lue receiv~d, 1, we or ~itM~ of us, pramis~ to without defalcation, to the order of fiRST FEDfRAI SAVINGSS AND IOAN ASSOCIATION OF
FORT PIERCE at Forf P' F a, tM sum ~ witA int r t from date at th~ wt~ of 9• 276 per +nnwn, tn ma+fhly irutsl4
menn as followu s on tM day of pr . 19 ~nd a lik~ sum on the cwrespaulinp day of each mw+th therr
aitet until the whol~ be fully p~id-
Each installment fint shatl be applied in p~yment of ths interest and then on the unpaid b~bnos of the principal tum. tf default is m+de in tM
payrt?eM of any in~tallment wMen due. and wch deFauh continves 30 days, then ~t tFa option of tik holder. and without any other ootice, all thc rsmainirp
inst~llmen?s shall bs due and p~yabk at once. Privileg~ b piven to prepiY this•note in wlak or in parf at any time without penalty. Neither fortbesnnce,
nor ~cc~ptante by the holder thtreof after ~ny default in ~nY p~yments haeon, shall be deemed extemion. A late payment ch+rge of ~ 9• 4O shal) bs
added to each installment ramairung unpaid 7 days aNer ib due da1e, at+d a like sum ihsll be added to each suth installment rem~ining uopaid 7 daya afttr
each succeadiny psyment d~te.
Esch make?, wret~l and e~xlwser F~erwf, joinNy and seve~dly, waivp demand, preuntment protest and ratice of prote~t fw nonpayment, and furtMr
agraes ro aMr eutension of time of paymeM, either before a afte~ maturity, without notice to any of va; and to pay all costs of mllection, inclvdinp a
reasonabk attorney's fee in tF~e event of-any default hereundcr, and hereby severatly waives all benefit of homestead and exemption under the conititut'an
and laws of each State of ths United States, ss against this obligatan w any extensan a rcnewal hereof.
Witness the M~d snd seal of eath party.
S~ Chgrles W. eeall
' r. ' Be a ts~?u
. , • , r ata . ~y
30.75 ~ _ ~w
st.t. a.v«,w
~~WOW, THEREFORE, tF» MOR'GAGOR for the purpoa~ of securinp p~yment of sakl sum of ~ 5~ and ths performance of ths
coven~nts and a~reements hereinafter expressed, and f« divers ~ood ~nd valwbl~ coroide?~tio~s, by thes~ presems, does grant, bar~ain, sell, rcm~se,
release, convey and confirm unro the MORTGAGEE, its ~uccessors ~nd +ssiyns, a11 that certain bt, pieot w putel of land, sitwM, lying, snd beinp in ths
County of $t . LuCie and St~te of flwida, de~aib~d as fdlawu
Lot 8, Block 2, ORANGE BLOS90M ESTATFS, SEOOND ADDITION, as per Plat
thereof recorded in Plat Book 14,_ page 2, public records of St. Lucie
County, Florida.
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.•o ~ ~ ,,,oz !N'AYMEMf OF TAXF~
~ o • DlE ON CI/ISS ~C' INTAN6I~E PERSONAL PROPERIY~
j PYR~ANT TQ Cl1APiER 71-134, ACTS OF 1911.
# , ROGER PORWIS p~~ G
CLERK CIRqtR OOURT, Si. L11CtE 0p, Ft/l f
~
rogefher with all snd singulsr the tenements, heredit~menh u~d ~ppurtsnces tMreuoto belon~inp or in anywise appertsininy thereto, and dl rents, issws.
Pr«e~ds and profin accruirg and to ~ccrue from said premises, all of which are included in the ~bov~ u~d fors9oirg descriptan ~nd habend~xn.
TO HAVE AND TO HOW ti~e sbove deuribed ~nd 9ranted p?emises unto th~ s~id M10RTGAGEE, ita wooeswn and +siiyiu forew~. Md th~ s+~d
~ th~ir
MORTGA R fa htin, executon, administraton and •aigru, hereby oovensnts with fhe said MORTGAGfE, itf sua~swn and a~ipns,
t~iey are
that bwfully se7zed othe V~~a a~,~.., t~fes,simple; that tM s~mt ue h~e, clear and discharyed fram ~II lians and ~ncuro-
~ brances in law o? in equity, ~ n d t h a t wi l l a n d el r h
ei n s h+ l l w
u t~ M s n d d e f
t n d t} r t i t k t
o t M s+ m~ t
o t M s ~ i d
MORTGAGEE, its successors and auiyns, fwever agsirot ths lawfvl ctaims and demands of sll perwna;
~ PROVI~E~, AlWAYS tMt if the MORTGAGOR sMll psy unto the MORTGAGEE tM promisswy note hareinb~fore desuib~d and sh~ll truly, promptly
~ e~d fully perform, dixMr~e, execute, compkts, comply with and abide by esd~ and wery the sYipulatian, ~yreerne~ri, ta+ditions and cov~nanb of said
promisswy rate and of tha Mortyaye, t}~en this Nlonyaye ~nd tl+e Estste hereby veated sh~ll uas~ and b~ null and void.
~
~ IT IS UNOERSTOOD that the word "Mortgsgor" whether in the singubr w plwd ~nywhere k~ this Mortyspe, ~II b~ sinpul~r if one a+ly ~rd
~ shsll be plural jointly and sever~ltp if more th~n on~, and thst the v~wd "tl+eir" ~s vsed anywhe~e in this Mortyap~ shall be taksn to m~an "I~is,•• •'hen••
w'in," wherever the context w implies w admin. Al~o, th~t wherever the~e is ~ rsfsrtnu in the covensnts and ~yra~menb Mrtin oont~i~wd to ~~y oi !~f~
~ rhe p~nies hereto, the s+me ahall be caratrued to mean ~s wetl u the hein, lepd npesentativei, waeswn and ~ssipro (eitha voluntary by act of th~
pa?Y~es or invdumary by operation of the law) of the aame and tMt the coven~nts her~in cont~ined shall bind and tM barKfits ~nd advant~as inur~ ~'v
ro the respeetiw hein, k9s1 representatives, succeswrs snd us?yro of the partiei hereto.
Md saW Mortps~ors, for themselves snd their F~eirs, 1e9s1 reprexntstives, succsason snd assiyro, hereby jointly snd severally coven~nt ud a~rK
to ~nd with ths said MORTGAGEE, its s~rccesson and auipns:
~ 1. io pay all uid sirgulu the princip~l and intaest and th~ v~riovs snd s~ndry sums of money paY+bl~ by virtw of ssid promissory not~. ~nd tFda ~
~ maty~pe, ~ach u~d every, promptly o~ tlw day~ respectively ths same sewrslly becortw dw.
~ 2. To pay all ud sinpvlx the ta:es, assessments. Iwies, li~bilities, obliyatian a~d a+cumbranus d wery nahx~ ~nd kind now on said dacrib~d
~ prop~rtY, a that F~ereaher may be impos~d, suffer~d, pl~ced, kvied, w awssed tl+creon, or that her~aftN may b~ Iwied or as~s~ed vpon thi~ Mw1p~
age, a th~ i~d~bt~dness secured F~ereby. ~ad~ a~d svery, when dw u+d psysbl~, ~ccwdiny to law, befa~ tMy becorn~ d~linqwr?t, ~nd btfon arnr int~rst
attaches or a~ penahy is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII aE PROMPTLY SAiISFIED AND OISCHARGED OF
RECORD AND THE ORIGINAL OffIC1Al OOCUIMENT (StKH A5, FOR INSTANCE, THE TAX RKEIP? OR THE SATISfACT10N PAPER OFFICIAIIY ENOORSEG
OR CERTIFIED) SHAII BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; ~nd in the event thst u~y thereof i~ not
paid, sst:~fied and dischsryed ta;d MORTGAGEE may st any time pay the s+me w any part thereof witho~rt wsivirg w affectiny sny option, lien, ~quity or
~ •~aht under or by virtue of tt+is mo?tgspe and the full amov~t of eath and every iuch paymcnt shall be immediately due and psyabk ~nd sh~ll bsar interest
s•om tM date thereof vntil paid ~t rate of nine per cemum pe~ annum ~nd to~ether with such intere~t shall be secvred by th~ lien of th:s morytay~.
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