HomeMy WebLinkAbout1270 ~~~oes ;
THIS iNOENTURE, JNad~ th~ 25th '~t~~ • ~ 7g ~
d~Y o( . A.D. 19--. b~twNn • #
Ruth M. Kinflston for~~rlv Ruth M. Bow~rs, iofned by~ her l~usbanda
ThQOdore l.lo Kinqston
p/ _ St. Ll1C~! ~~py~~y p~~, ~~{~y~ ~~Mtd q fM "AWRTGACsOR," ~nd FIRST FEDERAt SAVINGS AND IOAN ~
I?SSOCIAt10N OF fORT PIERCE, ~ aorpa~tion a~snir~d and ~xistirp und~r tM lavw d N» Unit~d Sta~N of Amwiu and Mvinp M~ principal plaa d f
buW~s in tl» Ciey d Fo~t Pi~ra. 31. luci~ Cow+ty. Fiaida. IwnM?~tw ~ipoat~d a th~ "MORTGAGEE."
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WHEREAS fM MORTGAGOR is iWtly ind~W~d b th~ MORTGAGEE tq sVmpf , pood ud lawf~l moewy of fh~ United !
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Sht~s advaec~d by tM 1NORiGAGEE w+to th~ 1NORTGAGOR, u ~vid~~c~d lail pitatn wory ~ot~ of w~n daN hK~with„ of which tl+~ fdlowinp •
word~ ~nd fqv~ra b a f~w copy, bwNr
~ 17, 500.00 f•~~ 'i ~ ~ , ~ ' ~ . 10021499
' ~ pa~,, July 2S 19 75
Fa valw ~eiwd, 1, vw w eitM~ of ~s, prom;~ ro , withaA dtfdutioo, to tM ord~r of FIRST FE~ERAI V~j~ AND IOAN IISSOCtA?ION OF
FORT PIERCE at Fat Pina~. Florida, tM wm of ~ 17 ~ S~• ~ with int~rat frcm d~t~ _at tM rat~ of "-'1(, pK ~eviurn, i~ monthly instal4 ~
m«+n .s follaws: ~ 144 • 00 oe t1» Z~t1 d~y oF Nove~ber ~ 19 75 ~nd • Uk~ wm on th~ conespon~g d~y of ~ad? mo~?tb tl»rr
•f»r ~ntil ths whol~ b~ fully p~id. ,
Each i~nqllment fLst shall b~ applied in p~yment of th~ int~rest ~rd thea on tl~ ue~p~id~ bab~p of ths principal surt~. tf dsfwM is m+d~ in tM ~
paYment of amr iiutdknent wh~a dw, and svch defavlt aontinws 30 days„ th~n at tFw option of the holder, and without ~~y otMr notice, all th~ r~maGrnp i
installrt~ts ~11 M dw u~d pay~bl~ at onos. Privil~p~ b yiven to prpaY this noh in wFwl~ or in part at any time witlw~t penalty. PMhher for~btarar~c~. -
nor ~cc~ptanu by tM holdw thKeof ah~r ~ny d~f~uh 1n anY paYn~nh her~on, sh~ll b~ d~med ~xt~rulo~. A lats payma+t d?ap~ of i 7• 2O sMll b~ ~
added to each iratallm~nt remainap w~paid 7 d~ys afhr If~ dw drt~, and a liks wm aMll be sdd~d to each such Instsltment rem~ininp w~p+id 7 days ~fter
tach s~ccsadinp payment dste. , .
Each rn~kK, wrety a~d ~~daser herwf, jointly and s~wratly, w~ives d~m~nd. prasntment protest ~nd notia of protest fa nonpsymsnt, ~nd fwtha
apnea to ~ny ext~~san of tNn~ of p~ym~nt, eitMr b~fw~ a aftM m~turity, witFwut not~oe to a~y of us,i and to _ pay alt cwri of eolkdion, includ'ug •
reasonabb ~ttoraey's fN in tIN went of any d~f~ult AKwnd~r, and I~eteby s~ver~lly waives all bsnefit of ho~nestead u~d eaan~?Ywn undK tlk caati?vNon
~nd Isws of ~ach Stat~ of ~h~ United St~tes, as apai~ut this oblipation w any ~x~~miw~ or nnew~l M+tiof. .
Witneas tl+~ M~d s~+d ~eat of eath puty.
s/Ruth M. Kingston, forsezly Ruth M. Bowers~~
. cs~?U
. s/Theodor~Lloy¢ Kin~,~ton ~
~ $26.25 a sr,r. R•r«N,. 15FJU~
tS~n~A~anaM~d'an'aHOiiwF ' • •
NOW, THEREFORE, th~ MORTGAGOR fw tl» pwpos~ of s~c~rirg p~yment of ~aid sum of i 17 • S~• ~ ~ and th~ _
cownanM ~nd aynem~nb Mrein~hK ~xpressed. ~nd fa d'ivm pood and v~lwbk mniider~tioe?~„ by tMs~ presents, do~s yr~nt, bar~~rpnis~,
rekast, conwy a~+d confinn unto t!?t MORTGAGEE, iM woo~sson ~nd ~ssipns, aU th~t oMain lof, piep p pupl of land, situa», lyirg, and b~inp in tM ~
~pp~~y St . LtIC 1@ , and Sb» of Fforida, d~wib~d a~ fdbws: ~ #
i.ot 11, Biock 135, LAKBWOOD PARK UNI2 NO.10, according to the plat thereof on
file in Plat Book 11, Page 29a Public Records of St. Lucie County, Rlorida,
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top~ther witl~ all and siegula~ tM t~m~nts, herditam~nn ~nd ap~wrtancss the?ew~ro b~lorgi~g o? in anywpe app~rtainNg Nwr~to, and all nnts, ksws,
poc~sds and profits acavinp ~nd ro xcru~ from ssld pr~mises, al! of whid~ ~n indudd in the above and forpanp dacription and Iwb~ndurrw
TO HAVE AND TO HOID the abow dascribed u+d yrMted premises uMO th~ ~aid MORTGAGEE, its successws and aaigm forswr. Md th~ s~id
MORTGAGOR for - hein, ex~cuton. ~dminatntors and a~s ra, h~r
tbQ; r ip ~by oovenuiri with the s~id NWRTGAGEE, its woapon and aisipns, -
th~t th@Y are lavrfuly a~iud of tM said pramis~s in fN simpbs that tl~ wne are frw, cbu ~nd dhcFwr~d fro~n dl liens and ~ncunt
br.no.. in ~+w a. u, .quitr. .nd r~+~r thev wi~~ .od their neb, ,h.~~ war..m .na d.f.na tt» titl~ w tb. wn. ro th. sstd
MORTGAGEE. its wcus~ws iod ~ssgrn, forwK apaimt th~ lawFul claims and d~mar~ of all pawrot
PROVIDED, AIWAYS th~t if tlw MORiGAGOR shall p~y unro t!r MORTGAGEE th~ promis~ory noN Mrtinbefoh dewib~d and ~hdl fn?ly, promptly
~nd fvlly perfam, disch+rye. ~x~cvte, camplet~, canph witl~ and ab~ by ~ad+ and ewry tM stipubtions, ayr~ts, cawlitiom +nd car~n~nb of s~id _
promiswry noM ~od of this 1Kortype, t)we this Matyay~ and tM 6tat~ her~by c~rsst~d shdl cNS~ a~d be null ~nd roid.
IT IS UN~ERSTOO~ Nwt tl+~ word "AAorty~pw" whetM~ in the sirgvlu or plur~l ~nyvvt»r~ in this Mortpaq~, sball be sinpvla if a+~ only and '
.h.u b. ~tw.i io~ry .~d ,.r..,iy ~ mon thu~ on~, snd that th~ wwd "their" a wed anywbere in this Mortyag~ sh~tl b~ taken to m~an '1us," "'Mn; ~ '
or "Ns," whereve~ tM cont~xt w impiies or admin. AIw, that wh~rewr thae is a refaenp in th~ coven~nb and apr~emanb Mr~in ooMain~d to arry o;~•
tlw paties hereto, tht s+rM shsll b~ oonsnued ro mean a well u th~ l~ein. I~yal npresenutives, wassson ~nd aui~ro (~itMar wlunury by ~ct of t1~2
perties or imduntary b~r op~?stion of th~ law) of tM same and that th~ covsn~nn her~in containsd sh+ll bind uid th~ benefits ~nd adv~nt~pa 4wn ~
ro the resp~ctiw h~irs, Iqal representatiws, woce~son and ass?yns of th~ parties haeto. r"~ ~
Md uid Mortp~pors, for thanwlves «d tlxir lwirs, lapsl rep~euntatiws, wcr,~s~oa and assipra, hereby ~ointly and s~wr~lly aare~t and ~p~~e v
b and with th~ s~id 1NORiGAGEE, ia wa~asors and auig~u: ~ >
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1. To pay dl snd tinpubr th~ princip~l and interest and tM variovs ~nd tw~dry wms of ~
mortyap~, uch and ~vKy. DromPtN on th~ da r ^~Y P+Y~bb by virtw of said promissory not~, and this~ :
ys espattivtly ths swne sw~rally b~caeM dw.
4. To pay ~II and s6gv1~? th~ rsxe~, as~essrmnn, Iwies, li~biliriu, oblip~rio.r .nd ~ncwr~u~c~s of ~
p~opKty, w that Mr~afta may b~ frnpoNd, suffa~A, w+ry natur~ and kk~d now on wid davib~d~ ~
ape, a tM ind~bt~dnea ~scured bsreby, ead~ and w~ry. ~ dw a~d u awss~d ther~on a th~t he~~aft~r msy b~ Iwi~d a~sseued opon thb Mort¢ ~e
WY+~. a law, b~fw~ th~y b~cant delN+4u~M. ~nd b~For~ ~ny &~t~rat~o
~n+clws p any pen~lty s i~cwred; AND INSpFAR AS ANY ?HEREOP IS Of RKOR~ THE SMAE SHAII Sf PROAMiIY SAilSFIEO AND DISCHARGED OF ~m
RKORD /1N0 THE ORIGINAI OFFICIAt OOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED
OR CERTIF~ED) SFUII dE PLACEO IN THE HANDS Of SAIp JMORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; artd k? the rwnt th~t any tl»t~oi i~ no1
pa~d, ut:~fied ~nd discharged ss:d MORTGAGEE may ~f a~ryr time pay tl+e same a aoy p~rt thereof withow waiviny a affectinp ae~r opGen, lien, equity or ~
•fyht vndtr or by virtw of thi~ monya~e ~nd the full amo~rnt of each and ~very such p~yment shall be immediarely due ~nd p~yabl~ and sMll bear iM~nst
From the dat~ thereof until paid st rate of n~ne per tentum per ~nnum and ropetMr with iuth interpt shall be secured by the lie~ of th:s morgta~e.
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