HomeMy WebLinkAbout0057 r
~0`7t?18 _
TH15 INDEMURE, AA~~ the 28th _ d+y of Apzil A.D. 19_.7 S bc~wcen
Cocly L. Raile~ and Carolyn A. _Railey,_ his wife .
of _ St. 1.t1C1Q County fiorid~, hereinafter designated a: fhe "MORTGAGOR." end FIRSi FEDERAI SAWNGS AND IOAN
ASSOCIATION OF FORT PIERCE, a co~poration ug~nized and exi~tiny u~ Ihe Iaws oF ~he U~~ted Sta~as of Anxric~ and Mviny iri pri~cipal ptace of
b~i~neu in the City of iwt Pi~tce, St. l~cie County, flwida, hereinafter deiignaied as the "MORiGAGEE:'
WHEREAS tha MORTGAGOR is justly indebtad to ths MORTGAGEE in the sum of 3_ 27 ~ 2n~ • good and lawful mofey of the Un~ted
S~.jres advanced by ~he MORiGAGEE umo the MORiGAGOR, as evidanced by e cer~a~n promissay note oi even date herow~th, of wh~ch the lol~ow~ng in
.,xds and (igures is a tiue copy, to-wit:
S ?7 , 200 .00 No 10021304
Fo.t Pie~ce, ~lor~da, _ APril 28 1975
fa value received, I, we or either of us, prom~se to pay, wirhout defalcation, to ~hu order of FIRST fEDERAI SAYI?JGS At~D LQAN ASSOCIATION OF
.'~i PIERCE at Fort Pierca, florida, 1he s~~m of s Z~ ~n.;~h intr~est (rom da~e at rF~r ratc oi . 8•_SOb per anr.~m, in monfhly install-
~~.~s as follo.~s: S 220-' - o~ ~he 2nthday of _ J urie 19 ?
5_ and a like sum on the correspond~ng day ot each mon!h there-
_,.r: until thr wF~ole be f~lly Faid.
Eath insiallment first shall be applied in payment of the inte~est and then o~ the unpaid ba~ance of the princ~pal sum. If defaul! is made I~ the
,,.~~eM of any installment when due, and su:h default continves 30 days, thrn at the opnon of the ho~der, and without any oth,r no!~cc, all the zemain~ng
~.:~alimen~: ihall ba due and payable at oncr. Privilega is given to prepay this nota in whole or in pert at any t~me without penaity. Ne+ther fwebearance,
nor acceptance by tfie holder thereof after sny defauh in any paymenu hereon, shall be deemcd extension. A late paymero tharge of s 11 shdl be
~:i +cd to each inataitment remaining unpa~d 7 days after its due date, and a like sum sha~l be added to each such installment remaini~g unpaid 7 days after
r~ch succeeding payment date.
Each maker, surety and er.dorse~ hereof, jointly and ~everally, waives demand, piesentment protest and noticc of protest for rtonpayment, and further
,3rees to any ea~ension of t~me of payment, eiti~er txforo o~ after maturity, w7thout noNce to any of us; and to pay all costs of collecfion, inctud;ng e
-~-:sonabte attwoey's fee in the event of any defauit hereunder, and hereby uvera!ly waives alt benetit of hnmestead and exemption under tF~e conititution
~:.i !aws of each State of the United States, as against thi~ obl~yation o~ any extens~on or renewal hereof.
Witnesa the hand and seal of each parf~. - '
' • ~ s/Cody Railey
(SEAIj
(SEAU
s/Carolyn A. B811Qy (SEAI)
(SEAL)
_ C d(1 _ RO ) S~ate Revenue
°;Sr~npr eawcsHed aR s~~l~t~)
NO;N, THEREFORE, tF?e MORTGAGOR for tfie pu~pose of securing p:yment of said sum o~ S 27 a 2~ ~ , and the performance of tha
c~:enants a~d sgreemenrs hereinafter expressed, and for divcra good and +aluabte conai~erattons, by theu presems, dxs grant, bargain, setl, rem~se,
.,e:,se, convey and confirm unto the A10RTGAGEE, its succeswrs an~ assigr.s, ell that cena~n lot, piece w pucel of la~d, situate, lyin~, and being in the
~c~nty of St . L t1C le snd State of Florida, described ~s follows:
Th~ South 12.5 feet of L.ot 2, all of Lot 3 and the North 22.5 feet oE Lot 4,
' l~ck 26, SAN LIX'7E PLA?.A S(7RDIVISI(~N, t!NIT 1, accordin~ to the plat thereof _
.~e~orded in Plat Rook 5, pae~e 57 of the puhlic recor~s of St. I.ucie County, ;
;
~~a~- ~~~.-O~IO~- ~Oo/3 ;
lorida
_ c-? f ,C~~+ ~ - ' . ~
I . . . L ~T__., F ~ } ~ .
~ !J'~_ _•)~l~.x'ti I~~lr . - ~ INt) ~ ~
( - ' _ ~ ' , ~
r` L~'c: ; .,r .t.Yt'~.1: ' 1E'-:`._ - , ~ r
`fl ;
~ - F,B_~ ~ . }'~cT~~}j ~ ~ O. V O ~ i ~ ,J~' s~~ J~'~
, ~ - f ~ ::\,i • ~.L ~ ~ ~
! - , y ~:i~,.~``~,~~.l~a' S ~~~l~. ?
. . . . . ~,~E+'~~ ~~W . ~ Qp~'vy„~E
i ~
: ZV K11~' S~' .3
E ~~t ~
~ ~,1.
E ~
Y
~
~
3 }
~ ~cgethe~ w~~h all and singuiar the tcnements, hered~qments +nd appurtances thereunta belonging or in ~nywise appertaining thaeto, snd all rentt, issve~,
3 ; roceeds ~nd profits xcruing snd to accrue from said premises, all of which +re included in th! abovs and foreQarg desuiption ~nd habendum.
a TO HAVE AND TO HOID the above desuibed and granted premius unto tM said MORTGAGEE, its s~ccesson and auipns fwever. Md th~ qld
~ ~.;OP.TGAGOR for heirs, excc~tw~, sdminis~reton and •ssig~s, hereby covenanb with the s~id MORTGAGEE, its s~ccesw~s ~nd ~~tyrn, ;
~ the are ~
; r~a, - --Y------ Iswfully se=:ed of the uid premiass in fee simple; that the sarrN are frt~, desr ~nd disch~rged from all liens and ~ncum~
cra~~ces +n Isw or in equity, and thst the}~ w;lt and t Pir heirs shalt wsrrant and defend the titl~ to tfie ~artw to the sak!
> ~
uORTGAGEE, irs successors and assigns, forever against the lawfut clsim~ and demands of all persons; ~
PROVIDED, ALWAYS that if tbe MORTGAGOR shall pay unto tt~e MORTGAGEE the promissory note hereinbefore desvibed ~nd shall truly, promptly ~
a=d fully perform, discharga eiec~te, complete, comply with and ab~de by each and eve?y the ~tipulsfions, agreements, conditions and covenants of t+id
,:romisswy no~e and of."this Mortflage, then thi~ Mwtgage and 1he Eatate hereby ueated th~ll ce~s~ and bt null and wid. po~
~ IT IS UNDERSTOOD th~t the word "Nbrtgsqor" whether in the ~~ngular o? plural anywhe~e in this Mwtgspe, shafl b~ sir+9ular if one onfy ~nd ~
,ha?1 be plural jointly and seve~ally if more than one, and that ~he word "their" as used ~nywhere in this Mortyapt st~all be taken ro mes~ "his," "hen,° w
~ or "irs," wF~ereva the context w implies a admits. Alw, th~t wherever there is a referente in the covenants and ~g~eemenb herei~ to~t+ined to ~ny of !
i ~he parrie~ hereto, the isme thall be construed to mean ~s well ss the heirs, legal representative~, successon and assigns (tither voluntary by ~tt of tM ~
} pari~es or involuntery by operation of the law) of the s~me and thst the covenants herein cont~ined shall bind and tM benefib and ~dwntpes inure ~
~ o the respective heirs, Icgsl representatives, successor~ and ass'gns of the parties hercto. ~ i
r' And said Nbrt s or~, for themselves and their heirs, le al re resentatives, successon and ~ss' n~, hereb ~ntl and severall covenant and ee 3
~ 9 9 9 P ~fl Y Io~ Y Y +9~ rti
~o and with the said MORTGAGEE, its auccetsors and assigns: 3
~ 1. To pay ell and singular the prirxipal and imerdt and the vsriovs and sundry sums of money payable by virtue of said prom;ssory note, and thi~
F°' Torr a e, each ~rd eve om tl on the ds s res tive! the s+me teverall become due. ~
S 9 ~Y. P~ P Y Y PK Y Y
r 2. To psy •II •nd singvlar the taxes, sfussments, levies, lisbilities, obliyations and encumbrances of every nature and kind now on said desuibed ~
~ preperty, a that hereafter may be impoud, suffered, plsced, levied, a ~sussed thereon, a that hereaftt? may be Ievied a usessed upon thi~ Mwt9-
~ age, or tM indebfedneu secured hereby, each and every, when due snd psyable, accordinp to law, befwt they become deli~queM, and before ~ny intere~t
a~+aches a any penalty i~ incurred; AND INSOFAR AS ANV THEREOF IS OF RKORO iHE SAME SHAII BE PROMPTLY SATISFIED AND ~ISCHARGED OF
~ aKORD AND TME ORIGItrAI OFHCIAL UOCUMENT (SUCH A5, FOR INSTANCE, THE 1AX RECEIPT OR iHE SATISfACT10N PAeER OFFICIAIIY ENDORSED
~~R CERTIFIED) SHAII BE PtACED IN iHE NANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXi AFTER PAYMENT; and in the event that any thereof i~ not
~ ;~~d. sat sfied and discharged sa d MORTGAGfE may at any t~me pay the same w any pa~t the~eof without wsiring or affectiny sny option, lien, equity w
~ ~~aht unde~ or'by v,rtue of thit mortgage ar,d the full amount of each and every such paymeM shall be immediatdy due and payable and thall bea~ interest
t.r,-~ r6,. d~!e tFereof i:nt~! pa'd ar rate o~ n~ne per tenWm per annum ~nd togdher w:th such interest shall be ucured by the iien of th s rf,orqtaqe
~ ~
~s~._sry_._. , _ . . . _ _ ~ : ~ ~"~`i