HomeMy WebLinkAbout1482 . V~
3~039
THIS INDENTURE, Made th~ 1 S t ~y of Mg y . A.D. 19~$ b~twNn
F.
Bob/Shaw, a sinyle adult ` _
St Lucie ' t .
of • Counfy F~orida, Mr~iMftK d~iiynated as tM "MORTGAGOR;' and FIRST FEOEW1l SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, ~ co?poration oryaoiud and ~aii~inp wida IM laws of tM Un~ttd Stat~s of Amaiu ~+d havinp Ns principsl pleu of
busintu M tM Gty d Fut Piert~, St. luti~ County, Fbrida. M~~inaft~t d~tipr?ated n tM "MORTGAGEE." .
WHEREAS tM MORTGAGOR is.jwtly indebt~d ro ths MORTGAGEE in ths sum of: ~4 s000.00 and lawful money of the Un;ted
State~ advanced by tM MORTGAGEE unto tM AAORTGAGOR, as evida~xsd by • catain promiswry iwte of even date herewith, of whicb tM followinp in
words ~nd fiy~rts it • trw copY. towit: •
f 54+0OO.OU May 1~ N, 100219 1~~
Fort Pieru. Flo?ida,
For wlue received, 1, vw w eithtr of us, promix to pay, without dehlcation, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
fORT PIERCE at Fo~t Pierce, Fbrida, the ivm of = 54 ~ ~DO. 00 M,;~h interest from dats at the rate of ~~96 per snnum, in monthly instalb
~nents u follows: = 435. 00 ~ the ~Q~1 d~y of junF' , 19
~ and ~ like wm on ths correspa~d~np dsy of each monlh therr
afrer until the whole be fully paid. -
Each ir?sullment first shall be applied in paYmenf of the inlerest and thcn o~ the unpaid balsnce of ths principal wm. If default h msde in fhe
eayment of any installment when due, s~d such defauh continuts 30 days, then at the option of the holder, and without any other ewtice, all th¢ rr.nsEninp
~n:ta~lments shatl be due and payable at once. Privileps is yiven to prepaY tbis note in whole or in paA at a~y t~me withouf pen+lty. Neither forebearance,
nor acceptance by the holder thereof after ~ny default i~ anY paYmenq hereon, shall be deemed extension. A I~b p~yment chug~ oi 2~
1~75
- slull b~
added to each inshllment ~emsining unpnid 7 days sfter its dve date, and a like sum shafl be added to each s~ch ie~sta{Iment ~emaininq unpaid 7 dsys after
each sutteeding payment date.
Each maker, surety and erxlorser hereof, joinNy snd severall~, waives demand, presentmem protest and notice of protcst fw ranpsyment, and funi+er
agrees ro sny extensan of time of payment, either before w after maturity, wirhout notice to a~y of us; and to pay all costs of collection, includ~~p a
reasonabk atto~ney's fee in the event oE any defauh hcreunder, and hereby severally wsives all benefit of homestead and exemption under the conatitufion
and laws of each Suta of the United States, u againat this obligation ot any extensan or r~newsl hereaf.
Witness the hsnd and seal of esth party.
S/ Bob F. Sha~r, a sin4le ~q
. adult ~~u
ts~?U
(s~?U
c ;jal _ 00 ~ srace Rer~^_~
1~6NDtp~
NOW, THERfFORE, the MORTGAGOR for the purpose of ucuring p~yme~t of said wm of i.~~ i OOO. 00 , and tM performance of ths
covenants and sgrseme~ts hersinafter expreued, and iw divers good and valuable tonsideratiom, by thes~ presents, does ~~ent, ba~ysin, ull, remise,
release, convey +nd confirm unto fhe MORTGAGEE, iri.successors and auigns, aU that certain IoL pkc~ or pucel of ~and, tifwtt, lyinp, snd beirg in the
~W~~y ~ S L. Lu C i e , and State of Fbrida, dewibed ~s fdlows:
~ Lot 13, Block 11, S[:RFSIDE S+lE3DIVIS1G~t UyiT ?td0, as per plat thereof on
t
file in Plat Boc~ l.;o~~C ;,f ~he public records of St. Lucie County,
Florida ~t~//a ~O 3 ~40/3 -DOOf
9
. ~
~-------E o~~U R i D A~ J ~K w?,n~~~n:
S T A~ R., s~ a r, n~ r n~ 1
U G CUtd1E NTA i ~ ~NN'+181F ~ 1911.
o
E Q r. uF
RE~ EhUE t~'"-
: ~~p~piER Tl•13~. I~
O° ~:,A: i~: i.~, l~~~t~ y v O 0 ~ ~~t SI
WGIE ~
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~ oy ,~g ppu pg'ng ywise ~ppertair?irg thersb, and all rents, iuuss,
r r ether with sl) and s' vlar the tenements, herediamenri and a rtarxes thereunto be! ~ w in an
pr«aeds and profin scnuing and to acaue from uid premises, all of wii~ are included in the ~bov~ and fa~poirg descriptan and habend~xn.
e TO HAVE AND TO HOID the sbove dewibed and yrsnted premises unro the said MORTGAGEE, its waessors ~nd ~~sipro forewr. Md th~ s~id
MORIGAGOR for h 1 S hein, executon, administrators and suigra, hereby cover?~nb with ths said MORTGAGEE, its s~xcesson and assipro,
~ that he i S l~wfully xi:ed of tl+e ssid premises in fee simple: tMt tFw ssm~ ~r~ fr~e, cltar and diach~rpcd from afl 1'~ero ~nd er~cvnr
` bronces in I~w w in equity, and tl?at he will and h le hein shal) wsrrsM aod defeed tM titl~ fo th~ sam~ to t!w s~W
htORTGAGEE, in successon snd suigro, forcver aysinst the lawiul claims and demsnds of dl persons;
PitOVIDE~, ALWAYS th~t if the MORTGAGOR shall p~y unto ths MORTGAGEE 1M promiswry note hereinbefae described and shsll truly, promptly
- and fully p~rform, diuharge, exetute, complete, comply with ~nd ab~de by each ~nd every the stipubtio~s, apreemenn, conditiom and aove~nts of said
= promissory note ~nd of this Mortg~pe, lhen this Matp+ge snd the Estate haeby veated sh~ll oeas~ and b~ rwll and wid.
IT IS UNDERSTOOD ti?~t tM word "Mwtysyor" whether in the s~ngular or ptwal ~nywM~e in this Mortys~, shall bt sirgular if one only u~d
~ shail be plunl jointly ~nd seve~ally if more than one, and that the word "tlxir" as used ~~ywheA in this Nbrty+y~ shall be taken ro mean "his," "htrs,"
` or "its," wherever the context so implies w ~dmits. Also, thst wherever there is a r.fere.Ke i~ rhe covenann and ayreemenn haein aonrainad a any of W~
<< fhe ps~ties here% the same shall be ca?strued to mean as well ~s the hein, leyal rspresentativp, tuccesson and suipin (either volvntary by act of tht p
parties p involuntary by operation of the Iaw) of the same and thst the covensnts hertin conta'u~ed shsll bind and ths beoefib and advants~es irwre x~
~ io the respective hein, Iagsl repr~sentatives, wccessors and ur9ns of the puties hefelo. -
~ Md aid Nbrtgs9ws, fw tF+emselves and their heirs, leyal representatives, succestors ~nd auiyra. FKreby jointly and severally coven~nt and ayrs~
~ ro and with the ssid MORTGAGEE, its successors and sssipns:
s- 1. To p~y ~II and sinpular the pri~cipal and ints~est snd the varavs snd wndry awns of moaey payabft by viriw of ssid omi
P~ ss~Y snd this ~
mwtys~e, each ~nd ~wry, promptly on the days respeuively tFK sarn~ severally becane due. ~
b
Z To p~y all and sinpvla~ tF~e axe~, assessmenn, levies, lisbilities, oblipations and enarmbrances of every nstw~ ud kied rww on s~id dewibed
prope~ty, w that hereshe? may be impo~ed, wffer~d, plaad, levied, w+ueued thereon, or that here~fta may h~ kri~d w u~essed vpon thia Mor~
age, w tiM ind~btedness secured hereby, each snd wery, wh~n due ~nd payabk, saordirg ro law, befw~ th~y bacome d~lir~quer», u~d b~fon aey iM~ast ~
~ attaches o~ arryr penslty is i~cur?ed; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAlNE SHAII 6E PROMPTIY SAT15fIED AND DISCHARGFD Of
RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION VAPER OFFICIALIY ENDORSE~ ~
OR CERTIfIEO) SHAU EE PUCEO IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any th~reof a no1
~ pa~d, sat'ffisd and discharged ia:d MORTGAGEE may at any time pay the s+me or sny paA thereof withovt waivin~ or affectiny aMr option, lien, eq~rity o~
~i: •~aht under or by vinue of this morty~ge and tf~e full amount of e+ch u+d every wch payment shsll be inunediatel~ dve and psyabk and shall bsar inte?est
From the date rl~ereof until paid at nte of nine per tentum per annum and toyether with wch inte~tst sMll be secwed by th~ lien of th:s mwytpt.
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