HomeMy WebLinkAbout0914 a7.1a7~~a~
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rnis ~~HruR~. M,d. N,. 29th d,r ~ Julv
. A.D. 19_75., b~tw~
Charles B. Todd, Jr. and Naooi S. Yodd~ his wif~~
and Bertha W. Todd. a wido~r ~
of L-LC~e CpyAM F~~ ~~j~y~M fJqiQMfld a tIM "MpRiGAIiQR:' u~d fIRST iEDERAI SAVINGS AND IOAN
ASSOCIA?ION OF FORT PIERGE. a oorpor~tan orp~niud uid ~:atinp urd~ tM (aws oi~ Ih~ Uwil~d itMa of M+~riu and havinp its principai piao~ of
b~n~u M tl» City d Fat Pi~ra. St. luci~ County. f1akM. hKNMftN dwipn~hd a tM "MORTGAGEE."
WHEREI~S th~ MORTGJIGOR 4 ~ustly ind~bt«! to tF~ 1NORTGIIGEE in th~ w~ ~f~~ 1~~•O0 • pood and lawfvl mon~y of the Unit~d
Sbha ~dvanad by tM MORTGAGEE ~,nto tM MORTGAGOR, as ~vld~nad by I~'irtaiA prompwiy ~wte of ~vM dat~ har~with, of which tM (ollowinp in
word~ ~nd fbgwK M• nw oopy, to-wit:
~ 1 O, 500. 00 10021 Sl l
fo~t Pi.roe. Fbrida. July 2 Q ` 19_11
Fw ~+Iw ncetwd. vw w tNl~ of us, promi~ to pay, withouf d~falutiorti ro th~ ord~r of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION Of
FORT PIERCE a? iwt Plerc~. Flwida~, tM sum of = 1O ~ 5~• ~ with inqrqt from dste at the rate of 9• 0~X. pK annum, in monthly imt~IM
n+~~b u follows: i 107.00 a+ ths 20t~1 ~y of $ept@Rb@r , 19 7S a+d a pk~ sum on ths correspa~inp day of each nanth ther~-
~fter until tM whol~ b~ fully p~id.
Each iroallrn~nt fkst shalt bt applied in payment of tM le?ttrtst u~d then on tFe unpaid b~lancs of tM prinupal sum. If detavit is rrwde in th~
paY~t of any ient~l4neot wMn dw, and such d~fa~rh oontiows 30 d~ys, then ~t th~ opt~on of th~ hotder. and witla~t any wher notice, sH the rNnainuq ~
imtallrr~b sMll be dw and payabk at ono~. Privil~ b piven to pr~»Y tha not. in wlwk a ia pah •t .oy rime withow pen~ity. Nei~her foreb~araoce,
nor +cnpt~na by tM hold~ thtrwf aher any defauh M arry p~ym~nb hKeon, sMll be deemed exte„sion. . A I~te p~ymeet cha~ of ~ 5.35 shall bs
added to each installment remaininp unpa;d•7 day~ ~Aa ks dw dab, ~nd ~ like sum sh~li bs added to ead+ wch inst~liment rmnsining unpaid 7 days ahn
ead~ wcuedirg WYment date. ~ .
Each m~kN, sur~ty and ~ndoraer h~r~of. jcinty aed teverally, waiws d~mand. prese~tment protest and notiq of protest fw ranp~ymsnt, ~nd furthsr ~
aprees to any extension of time of paY~nent, either befor~ w~h~r m~twity, without notice to ~ny of . us: . and to pay all cosn of collectan, includ7np •
reason~ble attoraey's f» ie~ ths ~wnt of any d~fault hereunder, a~d hereby uverally waivas aIl benefit of hanestead snd exemption ~nde? th~ caatitution
and laws of each SaM of ~h~ United States, u ~pairut tNi oblig~tion or a~y ~xt~nsion w tenewal I+~reof. •
Mlitness tlw haod and ss~l of s~tF~ party.
-s/Charles B.,Todd, Jr. ~
_ (s~w
s/Naoai S. ?od~ ~ csFwu
~ si s• 75 ~ StaN R~wnw ~U
~,~,,,~~~,~,~~„o,,~ slBertha W. Todd. a xidow (Seal)
NOW, THEREFORE. tM N10RTGAGOR fw tM purpwe of ~acwi^p Wllment of said sum of ~ 1 S00_ 00 , and tha pe?fwman~e of tl+~
cov~nants and ~nb ha~in~fter expressed, ~nd fw dwn 9ood ~nd valwbl~ considerationt by thtH preseny does ~nnt, b~r~~in, sell, remise,
rekas~, oo~wy and canfum tinto tM MORTGAGEE. its svoc~swrs and asaipns, ~11 th~t oertain 101. Pisu ot parc~l of land, sitw», lyirg, aed beinp in tM
~ry ~ St. Lucie ~~~t~ of florid~, dacrib~d a folbws:
os'~o4- ~'ia ~ ~i - OIO~~`~
ay0~~ o0 3o-t~o~/~
Lots il and 12,•Block 3, LINCOLN HBIGHTS SUBDIVISION, as peY plat thereof re-
corded in Piat Book 4, Page 73, Public Records of St. Lucie County, Florida
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~ top~thp with sll and sinpular th~ tenemants, Mreditamenb and appu~t~nces tlwrwnto btlonpieg or in anywiN appert~ininp thettb, and all r~nn, issu~a,
proce~ and prof~n acv~irg and to sccrw from ~aW pranaes, dl of whid~ ue k~dud~d in th~ abov~ ud for~yoirg descriptton and h~ba~dwn.
~ TO HAVE AND TO HOLD the abow d~saib~d and pranted premises unto tbe s~id MpRTGAGEE, ifs s~cceswn and sssiaro forwer. Md th~ said
lNORTGA fa hein, ex~cvton. ~dministntors ~nd esi ro, her
their ,E,y w„~~,,,n w;th rh. sa~d INORTGAGEE, it, wcc~asws and assipti,
~ t ey ai@ of rh. wd
~ ~F?at ly premi~s in fN simpl~: that tM s~rn~ u~ fi~s, clear and dischu~d fran ~II liem and M+evm~
~ brances in law or in eqvity, and that theY~ will and thelt hein ~hall wsrrar?t ~nd d~fend the t0b ro th~ sam~ ro tM aaid ~
MORTGAGEE, ib succassors u~d augro, forever apaimt flu lawfvl dakns and demands of all personsj
t PROYIDEO, AIWAYS that if tl~ MORTGAGOR shall pay unro th~ MQRTGAGEE tl~s promistay not~ her~inb~fore destrib~d snd sh~ll truly, promptlr
~ and fu11Y psrforrty di~d+arpe, ex~cvte, complet~, oomplY wirh ~nd ~bid~ by ~acF~ and wery th~ stipulatiwn, apreNmnts, conditiom and oov~naoq of said
; promuaory nors and of this Mwtpap~, then thb Matyp~ ~nd tFK Estate hsr~by veated shsll oea~ and b~ rnill and vod.
i ~ IT IS UNDERSTOOD that the word "Nbnpapw" wheti~ in th~ sirgul~r a plwsl ~nywh~n in th;s Mwt9ape, shall b~ s'agulu if a+e o~ly and
, shall be plural ~ointy ~nd s~vewlly if mon than on~, u+d that the wad "tMi?" ~f Y~ld i~1yVVIflf~ Ifl tlli! AAOIf~~ fIyII b! T~I[M 10 R1Nf1 "hb:' "hen,••
~ w"ib." wherever the oont~zt w implas or ~dmits. Abo. ~h.~ wMrev.r ~he.e is a nf.rena in *M coven~nn and apreemenn herein aomafn.d to ~ny of
~ tM puties har~% tfi~ sam~ ahall be coostrued to mean ss well as tF+~ Min. 1~4a1 nprssentatives, waessors a~d assigns (~iti?a voluntary by ~ct of tl»
paNias or M~voluntuy bp oper~tton of tM law) of the sarne u+d tFwr th~ cov~nar~n Mr~in containd shall bind and tM ben~fits a~d advamap~s kwr~ ;
t ro the r~spsctiw Min. I~?al represent~tiws, suco~s~ors and ~ss~pia of tM p~rties haeto. ;
~ •Md said AAo~tysQon, for tlwnadws and their 1+~(n„ Ipal repr~sentativ~s, svcceswrs and assipro. MrebY i~MY ~nd s~wrally cawnaot and apr~e
to and with th~ ~aid MORTGAGEE, its wcussps u~d auipin;
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~ 1. To p~y ~11 and dnpula? th~ principal ~nd intaest and tM vsrious and w~dry wms of mo~xy paYabb by vinue of aid promiswry rwt~. ~nd thit
g mwt~pe, wch and ew~y. P~a^~P~~Y on tFw days r~spcctively tM ~arrw sewrally b~can~ due.
~ 2 To pay ~11 and ~irgulr tM t~xes, ass~sunMb. Iwies. Iiabilitia, obligatiaa and ~ncurnbra?~us of ~very rMtw~ and kind now on ~aid d~crib~d
; WoPMY, or thar Mreafter en~Y b~ imPoud, wff~nd, plao~d. I~vied, a a~essad thenon, a th~t her~~har may b~ I~vied a~s~eskd upon tt~h Morp.
~ ay~, a rF» ind~bt~dnea acvr~d Fw~bY. ~ach and ~wry, whs~ dw and par•ble, aooordinp to bw, b~i«• thty b~ca~w d~linqwM, and beiw~ any k~fer~st
~ attschet p any pee?~hy i~ incw~ed; AND INSOfAR AS ANY THEREOf IS OF RECORD THE SAME SHALL 6E PROMPTLY SATISFIEp AND DISCMARGED OF
RECORO AND THE ORIGINAL OFFICIAL DOCUMENT (St1CH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PMER OFFKIALLY ENOORSED
OR CERTIfIED) SHAIL 6E PtACED IN iHE HAN~S OF SAIO MORTGAGEE WITHIN TEN DAYS NEX? AFTER PAYMENT; ~nd in tM went that ~ny tMr~of is no1
paid, saYsfied and distharqed sa~d MORTGAGEE m~y st ~ny time pay th~ ~ame or any part the~eof without wminy a affettinp any optio~, li~n, equity or f
•ipht u~da a by virtue of this mortpayt snd the fvll amount of each and every such paym~nt th~ll be immediately dw ,d abl~ and ~hall b~~r inta~st t
~•om tht daH th~reof until paid at r~te of nin~ pe~ centum per ~nnvm and topether w~th such i~~t Pvr b~~~ of th's morqtafle. '
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