HomeMy WebLinkAbout1556 ' 3U3300
THIS INDENTURE. Made the_ 17th day of ~YCh_ A.D. 19_ 7S be~wcen
_,A_ ~ Nardie Hines Sr. _ and 1~Iill ie Mae Hing,~~~'~g~fg__.^_
o{ St • L.UC1@ _r Counly fiwida, hereinaf~er dna~g~~a*rd as ~he "MOkfGAGOR," and FIRSi FEDERAI SAV!NGS AND IOAN
ASSOCIATION Of FORT PIERCE, a corporar,on organi:ed end ex~s~~ng undr the I~,vs o( the Umted S+aias of Ame~ics and having in principat pt~ce of
bus~ness in the City oi fort Pierce, St. tucie Co~nty, Florida, herrinafter ~usigo,r~d as rhs "MORiGAGEE."
WHEREAS the MORTGAGOR is jwtiy inJc~ted to ihe MORiGAGEE in the s~~ ot 5--7_~SO~• ~ , good a~d la.vf~! moncy o1 ihe U~~ted
Srates ad.anced by the I.10RiGAGEE ~nro rl,e MuRI:.AG(JR, as e~~clarcyd ~y a.:cti+ai~~ promisWiy note of rven Jate ~rrew~th, of wh:ch rFw follux~ng in
:vo~ds .~nd f~yures is a :rvr cupy, toovit: , ~ _ ~ '
z 7,500.00 " ' ~ 10021223
Forr P~erce, Florida, ~areh 17 _~y 75
For or.;ve recrr:ed, I, ~~e or e~ti~er oi ~•s, r~o~r~;se ~u.pay w~tF.oW daf.~'c,+ou, n!1:.- o•drr of FIRST iFUERl+I SAVING$ AhD IOAN ASSOCIATION OF
;qT PIERCE at Fo~t P,rrcr. F'~r~.}a, !1~c r,~r, _,f j 7 z SOO~ ~Q _ st 4~o n J,te dt !he ratt of 4a9_°.o per dnr,um, in monthly inSlall-
~~s ns !:~'o-..s: S 9~?~QQ en ~h~~2Qtt1 ~iay ai ..__~L11.__ . lv 75 anti a like sum on the corresponding day of each rnoNh fhere-
e•.er until the ~niio:r be f..:ly p.a~d.
Each insralln:ent fi:st ahaU L•r app;~•~d ;:a, ,:~:n: ef th,.~ inter.rcr and •L.-~ r, ,;-.pa~d balance of the princ pal sum. If defau!t is made in lhe
,..~,cnt of any ins•a~:n:~:r, .r1:en cl~r, _r,d s::;i~ ~~.::.,uir ca~r~nues 30 diys, tt~en at ~ a o; ~~:n cf the holde~, ar.d w~tho~t any otnar notice, all tne remain~ng
,ratln,ents shall be d.,e a~:d F~ayeL e at ;,.ur. Pr:.~.~~~ :s g~.en to p-eNay th~s ncte ~n ~n~hoie or in.part at any t~me without penatty. Neithet forebeatanee,
acceptance by he!.+.e+ r1;err~f ef~.~r any defauir in any paymeots her•~e~, sf a~ ue d_~~•~~~ed a•xfe~~sion. A!atr pav~nent charge of S 4• 8O shall be
:.i•_d to r:cn ~ns~~:;n..:v rer~,a~n~~,~ u~~~,a e! 7 ~u;s atter its d.:e dare, and a:~x_ s:.~n si+,:i i:e .:d~_d ro e~th auch insta~i~ient rema~i~ing unpaid 7 days afte~
. :,h sUtteedc:g pa~rrrM dd:e.
Each mak:r, s~rety ~~,ri en:iorsr- h_:.^f ;c~n~ y end srvc~al~y, ~~;,.ves c1.r:,:~~ d. ~...;semmenf p~otest and not~ce oi protest for nonpayment, and furthet
~rs to any extens o:~ ~f r~~ c ot p:.~~nrnt, ~:rF rr L•fore or aker n:;f~~ •y r,~~i ro en~ of us; and to pay all eosts o( co!le:tien, indud:ng e
._>nab!e attom~~y s i~~ :r, The e~e~•t c~f ,:.y d. ,;r =..-r~.r~,•i._. end 'ne~rby s_•:erally •.,,•.~v~s :i~! benefit ot 1r~rnrstead ar.d exemption undet the constitufion
~'ax, of eecn ~~~re o• ~t~e U, .~r~ ~~~~•.•s. ,s y~ sr tr,r, ~L:~yet...n or a:~y .,.•ecs,cn renewa~ hereof.
Y~itness the ha~,i ard sea) ef ea:h F„r.~.
~ n.~, ~ '1 r~
~ s/Hardie Hines Sr. ~s~ni~
- (SEAL)
• s/Willie Mae Hines tsen~)
cs~~
_~l i L2~_. _ ) $tatO RC~er~~! . . ~
- hiwp~<M7~al+~Or• 7ri~i~?~wJ~e~ ~
NO.'J, THEREFORE. chr ,btORTGAvOR for ~he : vrpcs? of se.un~,~ y:ayment nf sj~d wm er a 7+ 5~~. ~ , and the performance of the
...enants and agreeR:er rs hr•eir,,,'rer et,:r_ssed. a~~d fo* c~vers gwd a~~d vai~,a6'e ccnrderations, by these presents, does gr'ant, borgain, sell, remise,
__,~se, convey and co:~t~nn unio tne M.O~:~=AGEE, rts svccassora a:~d ass~3ns. al' ti~at c>,ta~n la?, piete or parcel of land, sit~ate, lying, and being in the
_ounty of $~.i~~l~ and State of Plcride, descr;bed as followa:
~~lo~- ~09- Oc~i-OOa/~
~ot 1, Block 3, SOUTHBRN PINES SUBDIVISION, as per plat thereof recorded in Plat
Book 9, page 68, Public Records of St. Lucie County, Florida ~
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~ (~(~ryEp ~ < < IN PAYMENT Of TAXES
~ DUE ON GJ1SS `C' INTAN616Lf PERSONAL PROrERiY~
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~ PIiRSt1AtlT TO CFIAPTER 71-134, ACTS OF 19I1, j .
~ R06ER PORWIS
~ CLERK CfRCUIT GOURT, Si. UlC1E C0~ FLA. ?
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- •:;e•her w~th a~i ar,d s:~ou:ar rh~ tene;r.ents, he•ed•taments ar.d appurtar.ces thereuMO belonging ot in anywise appertaining ft~ereto, and all rents, issues,
.~_ceeds ard prof~ts accra~ng and to accr~e from said premises, ail of wh~ch are included in the above and fwegoing dexription snd habtndum.
~ TO HAJE AND TO HOCD the above desc•~bed and granted prrm~ses unto the said MORTGAGEE, itt stxcessors and assignt forevN. And ths bid
- :':+'TGAGOR for --thelY he;.s. eKecutors, adm~n~straior: and assigns, he~eby covenants with the ssid MORTGAGEE, its wttessors and suigm,
.:.:f -~-~Y~--- lav.fu!!y se~ied of she said prem~sea in fee simple; rhat the same are iree, dear arsd dixha~ged from all lieos and encurrf
~
~ _,ces in !a•.v or in equ~ty, and shat__~~1Q}f__ w;ll and thP_ii heirs shall wa~rant and defend the tiHe to the iame to the s~id
~ Y,~RiGAGEf. its s~;cesscrs end ass~gns, forever against the Iawful ciaims a~d demands of all persona;
- VROVdDED, AIYlAYS rhat ;f ~he MORTGAGOR shafl pay unto the MORTGAGEE the promissory note hereinbefore dewibed and shall truly, promptly
fu~'y per!orm, d,scharge, execute, comptete, comp~y w~rh and ab.de by eacn ar.d every the stipulations, agreements, conditions and covenants of said ~pD
- .~..sso.y note and of th~s Mortgage, then this Mortgage and the Esfate hereby created shall cease and be null and void. t!~
_ IT IS UNDERSTOOD that the word "Morrgagor" whether in the s~ngular w plural anywhere in this Nlortgs43e, shall be singular if one only and
be plural jointly and severalty ~f mo!e than one, and that the word "their" as used anywhere in this Mortgage shall be bken to mean "his;' "hers," ~
~rs," wherever fhe context so implies or admits. A~so, that wherever there is a reference in the covenants and agreemenfs herein contained to any of
' ~e parries hereto, the same shall be constr~ed to mea~ as well as ~he neirs, 1e9a1 representatives, successors snd ass~gns (either voluntary by act of the ~
-~~~;es or involuntary by operation of the law) of the same a~d that the covenants herein coMained shall bind ~nd the benefits and sdvantages inure
~ ~ the resprctive heirs; legal represPntat~ves, successors and ass"gns of the part;es hereto. ~
And said Mortgagors, fw themseives and the~r hein, legal representatives, successors and assigns, hereby jointly and severally covenant and syree
_5a 'o and with the said MORTGAGEE, irs svccessors artd ass~gns: ~
1. To pay all and s~ngula~ the principal and interest and the various and sundry fums of money payable by virtue of said promissory note, and this ~
_ To~rgage, each and every, promptly on the days respect;vely the same severa~ly become due. ~
2. To pay all and singular fhe taxes, assessmenss, ievies, liabilities, obligations and encumMances of every narure snd kind now on taid dexribed
~:roperty, or that hereafter may be ~mpoted, auffered, placed, levied, or auessed thereon, a that hereaftet may be levied or assessed upon tF~is Mat¢
i~ ~g_, o~ the ir.debtedness sec~red hereby, each and every, when due and payable, accordi~g ro Iaw, 6efore they become delinqueM, +nd before any imerest
r cnes or any penalty is ~nc~rred; A~iD INSGFpR AS ANY iHEREOF IS OF RECORD THE SAME SHAtL 8E PROMPTLY SATISFIEU AYD OISCHARGED OF
~'ORU AND THE ORIGltiAL OFFtCIAI DOCUMENT ~SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR TNE SA7ISFACTION PAPER OFFIt1AllY ENDORSED
CERTIFIEG) SHAII BE ~LACED IN THE HANDS O~ SAID MORTGAGEE WITHIN TEN OAYS NFXT AFTER PAYMENT; and in the evem that any theteof is ~of
_ rl sat sfied and discharged sa d NORTGAGEE may at any r~me pay the same or any part thereof vvithout waiving or aflecting any option, :ien, eqviry or
-•;hr under o: by virtue of this morrgagE and the f~ll a~nount o( each and every s~ch payment shall be immediately due and psyable and shsll bear interest
~•c-~ rhe dare ~F.~-~.c.f ! ~;n d a• rare of n;ne per cemum per ann~m ar.d togefhe~ wnh such ~nte~est shall be secur~d by the tien of fh"s merqtage
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