HomeMy WebLinkAbout0259 n11S ~PwEr~tTURE. M.d. ~t~ 23rd ~y ~ ~ 7~J~lY ~ j~ . A.C. w
75 ~ b.~w..n
l.aura B. Hancock, a sinAle adult - ;
of $t •~+uCi@ , Counly Flaid~, IwnHwhM dNipeul~d a tM "MORTGAGOR," ~nd FIRST fECERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE. • oapor~tion apanis~d and ~xiuinp wid~. tiN l~ws d tM U~ind Su~a of MMriu a~d Mvinp ta pr4xipal pl+o~ of
bwM»n b th~ Cit~? d Fatf PiKO~. St. lvtN Countr. Flalda. MninaftN dMipmbd a tl+~ "MORTGAGEE."
WHEREAS tM MORTGAC.OR N i~b &~d~W~d to 1h~ MORTGI?~3EE in Ih~ sum of i 140.000•00 ,~od ~nd I~wful ma»y of th~ 1h?it~d
Sht~ ~dv~nc~d by tM MORTGAGEE un?o ti» MORTGAGOR. +s ~vklN+c~d by ~ cut~in promisswY not~ of ewn d+t~ iwrwuith of whicA tM foilow4+p io
wad~ and fipwa i~ ~ nw aoPY. to-wit: -
~ 140,000.00 1f?021d95
Fon Pt.?a` H«~d.. July 23, 19 75
for v~lw npiwd, 1, vw or Ntiwr of us, promis~ top
y, without d~f~lution, to th~ ordt~ of FIRST FEOERAI SAVIIiGS AND 10/1N ASSOCIATION OF '
FORT PIERCE st ioA Pi~ro~. Fbrld~, tM wm of ~ 140 ~ DU~. ~O with intK~st from d~ro ~t ths rat~ of 9• p~r annum, in ~nonthly hatal4
~ f~~: ~ 1~260.00 20th~ of September 19 75 and • lib ~um a+ th~ oarespa~d~np d+y of ~+c1~ ma?fh tl+Kr
•ftK w?til tM whol~ b~ fully p~id.
Each Gutallm~nt fint shall b~ appii~d in p~ym~nt of tM iNe+at and thM on tM unpaid bal+nce of tM princip~l wm. If defauh is m~ in th~
parmsnt of any katdlmM~ wMo dw. and wch d~fwh toe?t~nws 30 diyt~, then +t tM opYan of th~ holde?, ud witiwot any oths~ ~ofice, all tM n.n~inlnp
i~ut~llmN+ls aMll be dw and pay~bl~ !t. onp~ .P(iv1~ ~.9irR+t to P~eWY.thii ~ofA 3~1 wMb ~at ~n p+~t at aiy nms wi~i~out pen~iry. i~wiinw iwe~,.««.::.
nw ~oo~pt~ww bp ~M hold~ N~of shsr a~r d~hult in ~r p~yn~enb 1~eon: aMll be d~ert~d extenslon. A I~te' WY~t "cAatqi of t~•'~ tMll !fi
add~d to ~ach Lutallmsnt remalni~p unpaid 7 dayt sh~r iri dw dat~. atid • lib wm ih~l) be sdded b e~ch wch instailment t~MtniAp ~id Td~jli ~hh
~+d~ s~xa~dirg P~Ymtnt dat~.
Each makK, wrety snd t~dona henof, jointly ~rd Nvcrstly, waives demand, pres~ntmx?t prot~t ~nd ootk~ of p.otest for na+paym~nt, ~nd futtMt
ayrees to aoy ut~r+sion of tuta of paym~nt, either b~fon or shK m~turity, withou~ notia ro any of w; ~nd to pay all cwn of cdlactioo, MKlud'w+p a
reaaon~bl~ anorney's f~e in ths ~ve~t of anr def~uN hereunder. and hK~by sevenlly waives all bsnefit of homestead and exemptio~ ths corotit~tion
and I~ws of ~ad~ Stat~ of th~ UniNd States, u apsirot thb oblipation ar any ~xtMaion o? rteewal M?eoi.
~tnsas tM h~nd and. s~al of ~ad+ partY•
5 (SE/U~
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~ `a _ "ddult (SEI?U
lSfAq
t ~ Stat~ Riw~w+~ - .
(Sran~ awc~ll~d ar ~e1~kMl~n+ew)
NOW. niErtEFOa~, ~c~?cort ro. ~.~o,. of ~.~+~o wrm«n o~ ..~a ~ o~ s 140. 000. 00_ . u~d th~ pNform~e~u of tln
cov.n.nn..nd apr.em.na Mntn+h.r .xpr•s•.d. and for dw~s pood and v~lwbb ca~sid~ratiom, bY th~s~ Pna~nn. does prant. b+rp+io, s~ll. nm~s~.
~elsas~, aonwy ~nd aoef'vm unto tM MORTGAGEE, its suocesso~s and asipns, all th~t art~in lot, pi~a or pual of l+nd, sitwt~, lyirg, and b~inp M tM
~N ~ St. I.~1C1@ and Stat~ of Fbrd~, d~wibd a fdlows:
~ ~ ' ~j -~(.v/S
The 1~orth 178 feet of Lot 69, MARAVI~ GARDBNS, accoYding to the plat thereof
~ ~ . O~/ ~ - D/D~~.
on file in Plat Book 7, Page 19, P 1~~ ec s of St. Lucie Co ty, Florida,
LESS ?HB EAST 81 FBBT of the 1~1or th 128 f eet ~
?his coYrective aoYtgage is executed and recozded in replacement of
that certain mortgage v~?hiCh is of recoYd in O.R. Book 242, Page 2040,
Pub2ic Records of St. Lucie County, Florida, to correct the legal de-
scription of the ~ortgaged propeYty,r
By agreeaent of Mortgagor'aad MbYtgagee on file with
1?brtgagee, the withi~c~ aortgage secures not only an
; existing indebtedness, but also ADVANCSS to be NBRB-
; AR?BR aade by Mortgagee to MoYtgg?gor, the aggrega?te ~
fI of which will equal the principal aaount specified ~tt~ ;
I in the pro~issory note secured hereby. ~ryL~ ly P~~
~ PRO?~i1~ j
' ~,?euE pF ~y~~-
~ . ~
p11 d1~'~ ~dw`~ER 1 ilt?S ~
_ ~l1~ ~ pp~ER ~C~E
l~~ ~
topether with atl snd ~L+yvla? tM t~r~»nb. Mredirair~n ~rd appurtances tMrwnw belonpirq w in ~nywise appe~taininp tMrMO, and atl ~MM. hNrp,
procs~ ard profits ~oavinp and b ~ocrw f~om ssid pr~mises, all of which an includ~d in tIN ~bow ~nd forpoirg daviption and 1»b~ndum.
TO HAVE AND TQ_HOLO th~ abow dewibed and pr~nted premiNS unto the s~id MORTGAGEE, its woo~swn end astipns ior~vw. Md th~ said
r~er hein. ~xacwon. adminisn~ton and ~uiym, hsreby oovaunts wi~h the said MORTGAGEE, its woonw~s ~nd asaipn~
r~T "'"e~ls I~wfully~'~
of th~ said pranisp in fN sLnplss th~t th~ sarn~ sn fre~, dw and discha~d from a!1 liens and ~na+n~
b.sr~oes in law w in p~itY. «~d th~* -""e will and h@Y Min shall warram and d~f~nd tM tirk a tlw sam~ to th~ s+fd
MORTGAGEE, its woc~sson +nd +sagn:, forewr ap~inst th~ lawfvl el~i~ro and d~m+nda of all penoeu~
PROVID~. ALWAYS that if tl» MORiW1GOR shall p~y ~wieo th~ MORTGAGEE tM promisson? not~ hueinb~fon tWv~ed ~nd sMll trvly, proenptly
and fully p~rform, dittMtye. exaM~, ca^P~~. ~P~Y with and abide by ~ach and tvwy tM stip~rlaYwra. +praanu+b, oonditian and aovwwNS d s~ic~~
promiuwr not~ and of this AAortyap~, tM~ thh Mwtpp~ aad th~ btata h~r~by wat~d sMll uaw and b~ null and vokl. y~~
~ IT IS UNDERSTOOD th~t tF~ word "Mortyapor' whetMr in tl+e sagula? w plwd ~nywFwn ln this Mat~apt, sMll b~ sirgulr if on~ ady
a s!?dl b~ plur~l ~ointy and sevpaly if mar than on~. and that tAe ~word °thw" n us~d ~nywhen in tlNS Mon~a~e shall bs t~k~n ro m~an "hi~.° "hns."
or "i1s.' wherewr tFw com~t w impli~s a admita. Abo, that wherevw then b~ r~f~renoe ln tM oownanb and g~aemena hsnin oom~irnd w any
~ tM pvtia haeto, th~ same ahall b~ oonstrved to mean u vwll a th~ h~in, Ip~l npresentdiv~s, woc~ssors and auipea (Ntha volunury by act of .
partiq or inroluntaty by op~?~tion of the law) of the sarm and tMt the cov~nsnts iwein contairnd sh~ll bind and th~ ben~fits and advaMapn
to rlw rrsp~ctiw Min. Igal repraentativa, wansson and ~ss?~ns of th~ parti~s Mreta
Md ssid IlAort~~pors, for tiNrn~elw~ and tF~eir inirs, kyat npesxqativa, waesson ~nd ~s~ipm, her~bY i~~Y and swually oovsn~nt and apr~e
ro and wirh tha said MORTGACEE, in wa.es~ws ~nd asigro:
t. To pay all and sinpular th~ principal ~nd Intenst ar+d the varia» ~nd wndry sums of mon~r parable by vi?tw of s~W promiswry nob, a~+d
mortyspe. Mcl~ ~nd wKy. PrompHY on tM d+p+ ~espectiwly fM sain~ ~rvtr~lly b~ootne dut.
2 To pay all and ~irgular tlw taxa, a~eaxn~ms. Iwks, It~bilities, obtigstions and ~naKnbranoa of ewry n+tur~ ~nd kkd now an saW dnaib~d
propaty, w that Iwreafta m~y bt impa~d, wffa~d. P~aad. Iw1~d, a as~d tMnon„ or that be?~aha may b~ levi~d w asNSwd opon thia Morp~-
pt, w ths Inti~bt~ s~wr~d Inreby. ~sch and wKy, wMn dw ad piyable. +ooo?d'inp w law. -b~fott ?h~Y baca~ ddN~quwM. ~nd b~fon an?? Nl~nst
stt~ches or any pen~hy is inwned: AND INSOFAR AS ANY THEREOF IS OF RKORD TME S/UTAE SHA1L 8E PROMPTLY SATISFIEO AND DISCHARGEO OF
RKORD ANO THE ORIOIWLL OFFKIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICI/1LLY ENOORSED
OR CERTIFIED) SHALL dE PLACEO IN THE HANOS OF Slllp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTs md in t!» ~wM th~t an~r tlwnof 4 ~ot
paid, utiafied and dischar~d sa:d MORTGAGEE may at s~y time p~r tl+e same a any part tbereof withovt ws'rvinp w ~ffectirq aMr option, Iiwe, ~ity a
•ipM w+d~r a by vinve of tha mortyay~ and the fvll arnount of each a~+d every such payment sF~sll b~ immediately dw and payaW~ ae+d ~hall be~r Intuat
hom the dat~ thereof unril psid at rat~ of nine pe~ untvm per annvm and topetMr witl~ such interest shall be secwed by tfie lien of th:s mwytspt.
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