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HomeMy WebLinkAbout1040 31.39~4 THIS INafNTURE. Nbd~ ~h~ 30th _~,y of .IU1~_ . A.O. 19_7S b~twaM Johnnie R. Boa~id~~ and Clara Be1L Boatw~,~s hi,t, ~rifn of St. Lucie County Flaridi, I~inafl~r dt~iynat~d as tM "MORTGAGOR," ~nd FIRST fE~ERAI SAVINGS ANO IOAN ASSOCIA?ION OF fORT PIERCE, a oorpwa+ion orp~ni:.d +nd ~xisrinp undK tM law~ of th~ Un~~ed Sut~f of AmKiu and havtnp in principal plac~ of buNrwss In tM Uty of fat Pi~rp. St. luci~ Covnry. Fiorida. Iw~in~fia d~tipnaad as fM "MORTGAGEE." WHEREAS ih~ MORTGAGOR b iwtly G~d~bt~d M th~ MORTGAGEE in th~ aum of = 6• 5~•0O pood ~nd I~wfvl ma~ey of 1he United Staqs advanc~d by tM MORTGAGEE ~nto th~ MORTGAGOR, ~s ~vid~nud by a prtain promissay note oi even dat~ herwuith, of wh3ch tM foilowinp in worda aed fipwet is a trw oopy. 1o-wit: ' • . ~ 6. 500. 00 10021512 r ~ ' • ~ ~ July 30 19 75 ~ Fat PMrc~, flwida. For valw receiwd, i, ws a eithN of us, promiu ro p~y, without d~fakation, to ~he order oi FIRST FEDERAL SAVINGS AN~ LOAN ASSOCIA110N OF FORT PIERCE at Fort Pieru, fbrid~, the tum of s 6~ 5~ with interest irom date at 1hs rate of 9• 0 ~6 psr ~nnum, in monthly in~tall- menb ss follows: S 1 ~5.00 ~ t~ 20tt1 ~y of Se~tember , ~9 7~ and a like svm a+ the correspa~di~g day of exA mo~th tMrr aita until th~ whol~ b~ fully paid. . Each Insullment firtt shall be appl~ed in payment of tM interest and then on the unpsid bal~nce of ths p~inctpal sum. If de(auh h mad~ in tl+~ ~ paymeni of ~ny installment wMr? dw, snd iuch defauN continues 30 dsy~ the~ at ths option of the holder, and without any other notice, all the remaininp ~ ~nstallmenrs ihall be dvs and payabk ar oncs. Privila9. is ~iv.n ro prep~Y ~ha nor• in whoN or u? pa?r +t any time without penatty. Nei~her forebeuance, •ccep by y ny p~ymenh hereon, thall be deemed exte~:ion. A late nt char of :5 25 shall be ~+w tann ths holder thereof afte~ an dcfault in a payme ge • r added to eath insqllment remaininp ~npaid 7 days aftq iM dw dat~, ~nd • like sum shall be added to euh such instsllment remaini~g u~paid 7 d~ys ~fter sach s~caeedinp WYment da1e. ~ - Each maker. surety and endorssr hereof, joiNly ard seve~ally, waivas d~mand, presentment protest and notice of praett for rwnpayment, ~nd furthe? agrees ro~ny extension of time of paymenf, eitha bsfoh a aftK maturity, without notics to ~ny of us; and to pay al{ costs of coilection, inctud'enp ~ reaso~+abk attorney i fes in the ~vent of ~ny def~ult hereunde~, and Mreby severally waives all benefit of homestead and ezemption under the constitution arTd laws of e+ch State of tt~ United States, ai ~gainst this oblipation or any ext~ruion or r~newal hereof. ~tness the hsnd and seal of cach p~rty. . • s/Johnme R. Boatwright ~wq (SE~W s/Claxa Bell Boat~erright ~U ~ S9.75 ~ sut~ aevenw (~.~wnprc~naiFe~ eir Ki~i~+d NOW, THEREFORE, th~ MORTGAGOR fa tM purpose of securinp p~yment of said wm of s 6+ 5~ , and the psrformsnce of tM coven~nq and a~~meo» Mr~irwftK expreued. and fw d~vers yood and wlwbl~ c«?siderations, by thne presenn, does ~r~nt, barp~in, sell, remise, release, conwy ud eonfirm unb ths M10RTGAGEE, iri svccessoa and assiyns, dl that certain bt, piece w parcel of land, situate, lyin~, and beiny in tht ~pM~y St. L~3C1E , and Sute of Florida, d~scribed as follows: ~ F S , ~ ~ ~ ~ G-~C.,~ / ,~~C ~S ~~c ~ c ~ ~ L.ot 5, Block N, of AL.A[?fANDA VISTA SUBUIVISION, as recorded in Plat Book 5, Page 49, of the Public records of St. Lucie County, Rlorida, - i ~ And mortgagor, Johnnie R. Boat~rright, further covenants that he is the identical I person named as Grantee along ~vith his wife~ Minnie J., now deceased ~ in that certain warranty deed from t,~.A. Palmer and Louise Palmer, his wife to E Johnny R. Boatright and Minnie J. Boatright, his wife dated May 21, 1954 and ' ~ recorded in Deed Book 191, page_2~7-of the_public records of St. Lucie C~unty, Florida. - ~ ' o ~ ~ ~ T!`~T ~ ~ F L O ~ ~ D / 3 iN w?rM~r oF 7~x~s f, ~ ~ v O~~'.1 /Jt f_ iti'~~ R Y i 5~ li tJl ~f' ' t• RfCE1VED pRppER~Y - ~ _ _;F"r:' i~ ~E~'~ti~: - -~s°;:. - pERSONAI ~ Z _ _ - r T , i ouE os~ awss 'c ~NTN+sie~ ~;n = - ~ - ~ j _ e s. 7 ~ ~ OPUASUAPIT 7U f~MPiER 71.~~. ~TS ~ ly,l. _ = va. _ , ~ pp~p POITRAS ~ - ~ ~ CLERK CIRCUIT CWICi~~ ~ flA ~ sopether with atl and sirgutu tM tenemenn, her~ditarnents ~nd ~ppwtanus therwnfo b~lonping or In ~nywis~ ~ppertaininp ti~ersto, r?d all nnts. Issws, ~ proceeds ~nd profits aovuirq and to ~cvu~ from s~id pr~misa, dl of which ~re incluJed in the ~bov~ and for~poinp d~suiptan ~red habendum. ~ TO HAVE AND TO FiOID th~ above described ~nd yranted premiset ~nto the ~aid MORTGAGEE, ib svcceswn and ~uiyns fww~r. Md tl+s safd : 4 AI~ORTGAGOR for theu hein, executon, administraron and aaipn~, hereby toven~nts with the said MORTGAGEE, its successws and assiy% 's ~ that they aie ~~~~~y y~~ f~ simpl~; that tM sam~ u~ fra~, cku ~nd discMryad from ~11 liara aed ~ brsnces in law a in pvity, and tMt t~1eV w~~~ thpir hein sMll w~rwnt u~d defend tFw titl~ to the s+m~ to tM wid ~ MORTGAGEE, its s~ccessws snd ~uipns, forever ayairot the lawfut cl~irRS and dema~ds of all personst p~Y unto the JNORTGAGEE tF» promiswry not~ her~inbeforo describad and sh~ll troly, promptly ~ PROVIDED, ALWAYS tAat if the 1NORTGAGOR shall ~ arsd fulty periwm, d~sdwr9e, e:ecute, compkte, comply with a~d abide by each ~ed tvery the stipulations, preemsnts, conditiom and oovenann of said promisswy rate aed of this Mortya~e, tMn this Mortpay~ and tht Estate hereby ueated ~hsll csas~ ~nd b~ null ~nd void. ~ IT IS UNDERSTOOD that the word "Mwt whether in tFw si ulu or Iwal an her~ ie~ thi~ Mwt 9+~~ ^9 P YW ~+ye, shall be sirguler if ora only . shall be plwal jointly ud ~everelly if mon than one. ~nd that the word "their" u vaed anywhere i~ tha Mwty~pe ~hail b~ taken to me~n "his,•• "hers,' ~ w"in," wher~ver th~ context so impties or admin. Abo, that wherever thme if ~ referee~c~ in the covenants and a~reemenn F~etein wmsinsd ro u?y of a the puties hereto, the ~ame ahall bs constrved to mean ~s well as the Min, kgal npresentative~, s~?aesson and usiynt (eiihar voluntary by act of th~~ ~ parfies w involuntary by opention of tM law) of the sarne and that ~he covena~n he..in conrained ~halt bind and the benefin and advant~es inun ~ ~ ro the resp~ttive hein, legal rtpresentatives, s~ttesion and ass'9ns of th~ partits hereto. ~ Md said Mortyayors, fw tfiemselvis ~nd their Iwirs, layal representatives, waesswi and assiyrn, hereby jointly and sev~r~lly covenu~t ~nd apne ~ to arw! with th~ said MORTGAGEE, in successon a~d auipro: ~ 1. To psy ~II and sinpul~r the pri~cip~l and interpt and tht various and ~undry sums of ~ ~ ~ ~Y WYabl~ by virtve of said promiswry not~, and this~ ~ monQaqe. ~ach and ~very, pramptly on tlw days respectivelr th~ s~rrK s~r~r~tly becan~ due. ~ Z To dl snd ~ ~ p+y Mnpvlu the taxes, usessmenb. Iwies, lisbilit~es, obliy~tiwis and a+cwnb~nus of every nature ~nd kind ~ww on said dauib~d~~ t ~ prop~rty, a that FINNftN maY be impad, wffereA, pl~cad. I~vi~d, a~ssess~d the?eon, a tlwt F~ereafte~ m~y b~ kvied a auessed upon thia a9t, or tM ir~debt~drwu ~ecwd hereby, ead~ ai+d ~very, wF~ dw and payabk. ~ccwdinp to law, b~fon they become delinquent, and b~for~ arryr inte~~ attathes o? any penslry is i~curred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SA~15f1ED AN~ DISCHARGED OF 3 RECORD ANp TME ORIGINAL OFFICIAL DOCUNIENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AllY ENOORSE~ ' OR CERTIflEO) SHALL SE PIACE~ IN THE MANDS OF SAID AAORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tFK evem tMt a~ryr ther~of ia no1 paid, sat's(ied and diuharged sa:d MORTGAGEE may at ~ny time pay the wme or any part thereof witlw~t w+iving or af(ectinp any optron, lien, equiry w ~ •~aht unde~ a by virt~e of this moitgaye and the fvlt uraum of each and wery such psyment ihall be immediately dw and payabk and shall bw i~+t~r~st ra E•om the d~te thereof uotil paid at nte of nine per cemum per annum and topether wltb soch inte?e~t shall be secu~ed by the lien of th's maytape. ~ ~ ~ ~-~a.°~-~.3 ~ - . ~ ~ . ~l~- ~ ~,'_v'~ r~i. ~ ,r~ _ - - ~ ~ .f': . _ _