HomeMy WebLinkAbout1321 305'78~~ ~
, THIS INDEN7URE, hlada the llth day o} ________-~_~i1 A.D. 1975 betweee
_ Arthur P. By.al_and Mac~e ine G, Byala hi$ w3fe ~
of _~~t . 1.11G.~r Counry ftorida, hereinaiter desg~atec+, as tne "MORiGHGOR," ar.d FIRST fEDERAL SAVINGS ANO LOAN
ASSOC~ATION OF FOR~ PIERtE, a corpo~at~on organiied aod eait~iny under the I.:xs of the Unitrd Statas of America and Faving its principal plat~ of ~
t,,,sness in the Ciy of Fort P~erce, St. lucie Coumy, Fiorida, hereinafter desiynated ot rhe "MORTGAGEE."
WHEREAS the MORTGAGOR is justly indrbtad to Ihe h10R(GAGEE in the x~ of ~___~~~~QLQQ__-., good artd lawtul money af the U~~ted i
`r,res edvancrd by ~he i1C)RiGAGEE unro rhe MOkTG:.GO2, as ev~d_~~c~d Ly a cer;,,r. pr~m~ssory note ef even date herewith, of wh~ch Ihe following in f
ds and fi~urea ~s a trve copy, to..
~
S_ 35 .000. 00_ _ rr,_ 10021270 ~
fort Pierce, Florida, ARril 11. ~q_~_ #
fo+ vaE;,e iecew~•d, 1, or c~th~r ot VS, :'Oi11 SE' t0 p;y, w~~hou~ Je'a':.mon ~o ~h~• or,ler o1 FIR51 fEDERAL SAYINGS AND IOAN ASSOCIATION OF (
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: T PIERCE .~t Fcr* P.~~cr, F:u~i,'a, !he s,~i .;i ; ~~~~OQa~Q _ v,;t~~ ,:,+rccu frcm date at !he ratr of ~~7~o per annum, in monthly install- ~
~s as toi'o.,~s: ~~1QaQO____ ~r; rne ?Qtf1 day ef id.7~_ and a{ike sum on the correaponding day of each moNh there- +
v~}til 1nc whoie ce !~ily r,:id. ;
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Each i~s~a:l~,.ent f,nt shail !;e app::_d i~ paymen~ ot ~he i~'.!erest and t~~.r, on +he un}:a'd batance of the pr~nt~pal sum. If defa~lt is made in 1{~e ~
•.ant cf any :~~sfa„n,e,» v,h.rn dve, end wch deia~~!t coni~r~ues 3~ days, than at ~ne opt~on of the hoider, and without any other no~ice, all the remaining ~ ~
,,~':nems sha:~ u. s~e and payabee av once. Privi~e.jc is givan to prepay th;s note in vfho~e or in part at any t~me without penalty. Nei~her forebear~nte,
~cceptance hv ~he iw'de~ therr.of atier any defa~;! in any ~~3j/i~~en~g herao~, ~1e3i1 6e dremed e~!ension. A late payment charge of 5-~.-.~-Q shall be ~
:s to ezcfi ~nsra!,•f ent ~er~a~n;ng ur.pa:d 7 dsys afte~ ~ts d~e dcte, arid 3'~he o'.m sha~i be added tc ea:h such installmeM remai~iing unpaid 7 dayt affer
~ svcceeding payment date.
Each maRer, u~rety and endorsen c~reof, ,~~i,;t~y c,id srvrr3i!y, v.a ves .it•rnar~d, presen!me~t protest and notice of protest for nonpayment, aod fuAher
•:rs to any ex~ens~o.r +.~~~e o~ p.~:~n<<n. ~ be{o.e or after maiu.i!v, w~f~ o..~ non:e to any of us; and to pay alI eosts of colleetion, includ~ng a
,nble atror~~ey's ter ~n the eve~r• of eny da'a~'s ~~rrundcr, arid ~:ereby _~•:~•al~y ,~a~.es henrfit of homestead and exemption u~der fhe eonstitufion
+.vs ef e,ch ;t:.~. o, ri,e U~•.:ri S~arc~ ~s a~3::.st tnis ob:,yaiion or any r.~e~.s.o•~ or rener.-a! hereof. ~
Y~itnes: ±fie h.a:~d and seal o' raci~ F„~tv. ~ ' ~
. ~L,
~ _ • - S~ Arthur P. Byal ~EAu
•S~ Madeline G. Byal ~~A~~
~ ls~?U
_-._s?~~~Q-__-_).S+ate Revenue
xnc~c _ '
NO:Y, iHfREFpRE, the MORTGAGOR for the porpcse ot secv:~ng pati•rnen! oi said sum of S 35~000•~~ and the performance of the
r-~ar.ts and agree~-:e~ts h:re~n,,hrr rxpres;ed, and for ~~vers gcod a^d valuette cons~deration~, by tbese presems, does grant, bargain, sell, remise,
se, convay and coni:rm wrto the r'.02iGAGEE, lrs successors a~~J ass;gr;. al' rhat certain lot, piece or parcel of tand, situate, lying, and being in the
C_.,c+y of LUCle ~ and Srate of flori3a, desu:bed as foilows:
~~lal- '7o~-OG~3a-~o~~'
Lot 30, Block l, GREENt•:~ SUBDIVISIaN, as per plat thereof on file in
Plat Book ll, page 41, public records of St. Lucie County, Florida.
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~ 01~ ON tl~~'C' 1lI1A1'161StE rERSOiIAL VROPERiY. -
~ . Mi~tMN~ GIA/TEk 71-134. ACTS OF 19/L CG ~
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~ •.._'~.er w~th alt and sinquiar rhe tenemen~s, hc~ed~taments and appurtances therevnto belonging or in anywise sppertaining fherero, and sll rents, issues, ~
i •~ceeds and profits accru:ng and to accrue from said premises, all of which are included in the above and fweyoing desaiption and habendum.
~ TO HAVE AhtD Tp HOIfl the above desc•~bed and granted premises umo the said MORTGAGEE, its successors and astigns forever. /4~d ihe s~id
i ;~~?GAGOR for their he;~s, executurs, administrators and assigns, hereby covenams with the said MORTGAGEE, its suctessors and aui~nf, ;
~ • -~QY--~~--- lawiuNy se~:ed of the said prem;ses in fee aimple; that the same are free, de~r end diuharged irom all lieni ~nd tnturt?~ ~
~ ,:_rs in Iaw or in eq~~ity, an~ that_they _ will and ttlelt _ heirs shall warrant and defend the title to fhe same to the said
} R?GAGEE, its successors and assfgns, forever against the lawfu! daims and demands of all persons;
PR01i1pED, AlWAYS that ;f ~he MORTGAGOR shall pay unto the MORTGAGEE the promisso~y nate hereinbeiwe dewibed and shall truly, promptly
' ~,'ty periorm, d,scharge, exec~te, complete, comp!y with and ab~de by each and every the stipulations, agreements, conditions and covensnts of said
_ ,~.ssory note ar,d of this Mortgage, t~en tn~s Mortgage ar.d the Esrate hereby created shall tease and be null and void.
IT IS UNDERSTOOD that the word "Moctgagor" whether in the sin9ular or piural anywhere in this Mwtgage, shall be sirsgular if one only and a~
{ " be pl~ral jo:ntfy and severa:ty ;f more than one, a~d that the word "the~r" as used anywhere in this N4ortgsge shall be takee to mean "his;' "hen,"
:•s." v~herever the context so imp!ies or admits. Also, that wherever there is a reference in the covenants an8 agrtements herein tontained to any of
a • e~arf;es hereto, the same shalt be cons~rued eo mean as well as rhe heir~, legal representatives, successon and assigns (either voluntsry by ad of 1M ~
~ • es or involuntary by operatlon of the ~aw) of the same and that the covenants herein contained shall bind and 1Me benefits and sdvantsyef inurt
~ - j4,e respective he;rs, legal represenla~ives, successors and ass~gns of the panits hereto.
~ And said Mortgagors, for themseives and their heirs, legal representatives, successors and suigns, hereby jointly and severally tover?~nt and ayree ~
; o a~d with the said MORiGAGEE, its successors and ass~gns:
; 1. To pay all and singular the prirttipal and inrerest and the vareous and sundry sums of money payable by virtue of said promissory note, and fhit ~ ~
~ ;,•!gage, each and every, prompHy on the days respetl~vely the same severally become due. ~ w
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~ 2. To pay all and s~ngular the tsxes, assessments, levies, liabilir~es, obligations and encumbrances of every nature and kind now on uid described ~
-c;~e~ty, or that hereafter may be imposed, suffered, plated, levied, w auesxd thereon, or that hereafte~ may be levied w asse~sed vpon fhis Nbr1¢
~ or the ~ndebtedness secured hereby, each and every, when due and payable, according to law, befwe they become delinquent, snd befae any interest
~ ci es or an~ penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAIAE SHAII 8E PROMPTIY SATISfIED AND DISCHARGED OF
~ _7R0 AND TME ORIGIhAt OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE iAX RECEIVT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED
='ERilfIED) SNAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; and in the event thaf any thereof is not
s i sat'stied ~nd dlscharged sa d MORTGAGEE may at any t~me pay the same or any par~ thereof without waiving or affetting any opfion, lien, eqvity ot
~ ~nder or by vntue of th~s mongage and the ~vl1 amounf of each and every such payrr,eM shall be immediately due and payable a~d shall bear interst
'1 <i,••~ '~r~~-^~ ra d•~;re of n~ne per centum per annum end together w~th svth intereft shalf be setured by fhe lien of th s moigtage. ~
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