HomeMy WebLinkAbout2577 THIS INDENTURE. IWJ~ th~ 16th ~Y of Sf t! 1' A,p. 19_ 75., bNwMn
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' Haskell L. Whito ar~d Phvllis R. White~ his ~~e `
of - ~t. L{iC~! ,~y rya~, ~~~,y~w ~jyMt~d as tM "MORTGAGOR;' and fIRST fE~ERAL SAVINGS AND IOAN
ASSOCIATlON Of fORT PIERCE, a owpor~tion orpw~is~d and ~xistinp w~d~r tM law~ of tM Uoit~d St~ta of M?tric~ and Mviep It~ prindp~l pl~a af
bu~w in th~ Gry oi foA Piuc~, St. Luti~ Co~nty~ f1aW~, Mr~G+afiv dpipn~t~d u tM "MORTGAGEE."
WHEREAS tM MORTGAGOR i~ jwtly ind~bt~d ro th~ MORTGAGEE in t!w svm of ~ 2S ~ 300. O~ Qood ~nd lawful mw»y oi tM Unit~d
St~tq advannd by /M MORTGAGEE unto tM MORTGAGOR, u evtd~nced by a urtaio promiuory not~ of ev~o dat~ her~with, of which ~M fdlowi+q in
words aed fipw~s b~ trw copy. to-wit:
~ 2 5, 300. 00 10021 Sd7
P~.~.. Fip~d~, Septe~bQr ib 19 75
fa vaiw naiwd. i, vw p~itFwr oi w, promiw top ay, wNhout d~falcation, to :M udK of FIRST FEDERAL SAVINGS AND tOAN ASSOCIATION OF
FORT PIERCE at Fat PiKU. Flaida, th~ swn of ~25 ~ 300• 00 with in1HNf ~tOm di1~ ~t 1FN ra~~ of 9• O'X. pw u~num, in mo~Mly katal4
menn as followa: = 228.00 ~ tM 20t21 ~y of ~CtOb@Y 19_~ and a tik~ swn on th~ corr~apa+dinp day of ~ach month tM~r
afta vntil tht whol~ M(ully p~id.
Each irotallment fint shall b~ applied in p~yment of th~ int~nst and the~ on tM v~psid b~lance of tM princ;pai sum. If default is~ m+d~ in th~
paYmant of any insbllmMt wMn dw. and uxh defauh conti~wss 30 days, th~n s? tl» optioe of th~ holder. and witho~t ~ny other notice. all tM remaitrnp
inst~llm~nn shall b~ dw ~nd payabl~ at ooc~. Privlly~ it ~ivM 1o prep~Y tha rat~ in whole or in part at ~ny tims withovt pen~ity. Neithsr for~bearana,
nor ~ac~ptano~ by tF~ holda thereof ahe~ u~y deiavlt in anY p~ym~nb hcreon, sh~ll b~ de~n+ed ezteniion. A late payment d?rr~~ of = 1I • 4~ sMll b~ ~
aJd~d ro each imqllment remaininp uep~id 7 days aftK ib dw dah, uid • like wm thall b~ added ro esch such instailment runaininp unpak! 7 days aha '
~ach wcasadiny P+Yment dat~. ~ ~
Each mak~r, wrey ~nd ~ndase? hereof, jointly and s~veralty, W~iYlf tJfrt~Md, pfliNltmMf pfOfNf ~IKI ~fOtiq Of ~Otfil ~W f10~1piyM0~11, u~d fwtMr
agreea to u~y extension of time of payment, ehher befor~ w ah~r maturity, withoul notK~ to any of us; ~r+d to pay all cosri of collection, ir+cludinp ~ (
reasonabb ~ttwaey's fe~ in tM ~vMt of a~y d~fauh hereunder, aod haeby severally waiv~s all be++efit of homeucad and exemption undK t!w caatitutioe ~
and laws of axF. Stat~ of th~ United St~tes, ~s ayairot rhis oblga~ion ~w amr exr~nsan a renew~l herwf.
Wit~ess tM Mnd aed seal of sach party. ~
~ ^ . ~ , slHaskel l` Lt i~ltit4ti~~ ~
" R~?U
~ s/Phyilis R. MThit~ ~
~ $37.95 ~ srat~ eev~nw
(t++~~p~. ~~Y~d ~s sripir~l.ApbL .
NOW, THEREFORE, tM 1NORTGAGOR fw th~ pwpos~ of secvri^D WYmerM of uid wm of j 25 ~ 3~• ~ ~ ~nd tM p~rformanot of th~
cov~nanh ~nd apr~em~nq hereinaf»r ~zpressed, u~d fw diven yood and valwble canider~Ywns, by thp~ pr~sems, doa prant, barqain, wll, nmiss,
releas~, conwy and confirm unb the MORTGAGEE, its woaswn and as~ipnw all that ae~tain b1, piect or parcel of land~, sitwt~, lyinp, and b~inp M th~
~~ry ~ St • Lt1C~e and Sut~ of Fbrid+, daaib~d ~s fdlows:
Lot "N•' of part of Lot Y13 of WHI?B CITY SUBDIVISION, as recorded in Plat Book 1, `
Pag~ 23, Public Recozds of St. Lucie County, R~o~ida, aace particulaYly described
as follaws :
Froa the SB cozner of Lot 213, run~Westerly along the South line of Lot 213, 40 fQet
to the roint of Beginnirig; thence continue_ Weaterly 100 feet to a point; thence iun
Northerly aAd paYallel to the.Bast line of Lot 213, a distance of 106.2 feet to a
point; thence run BasteYly and parallel to the South line of said Lot_213 a distance
of 100 feet to a point; thence ran SoutheYly and parallel to t6e Baat line of Lot
213 a distance of 106.2 feet to the Point of Beginning~ •
By agreeaent of Nortgagor and Mortgagee on file with
Mortgagee, the within aortgage secures not only and
existing indebtedness, but also ADVANCBS to be HBRB-
AF'YBR aade by MoYtgagee to Mortgagor, the aggregat~ ~
of which will equal the principal asount specified
in the proaissory note secured herebyJ~ ~
''I _ ~d~~~
~ s ~ STATE ~F FLORtDA 1 ~
I oZ DOCUMENTARY STAMP TA X ~ ~ ~ ~
~ DEPT. Ui REVE~IUE ~ ~ aE ~,.R~~(p M
~ `h = P~. _ »•~s = 3 ~ 9 5 ~ "0~'''~~ W~~.
~ ~ - ' ~ e~
?o~~th.. w~th «~d .&gu~,. th. tsnern~nb. Iw..fiit.m~M. «d ,pq,H.nce. H,ar«,~to b~lonpiip or in any~app..:.b~,0 tlw~.w, «,a al~ .«+p, haMS.
~ prote~ds and profin aocruinp and to actrw from s~id prNniws, all of whid~ ~re induded in th~ abov~ ~nd iotpoinp daviption and Fwb~ndwn.
( TO HAVE ANQ TO. HOLD the abow describsd ~nd ynnted premis~s umo tl+~ ssid MORT~'sAGEE, i~s suoceswrs ~nd usipns fonvK. Md tlM wld
~ MORTG R for tdel! - hein, exen,ton, ~dministraton aed ~uig% hereby coven~rtts with tM saW MORTGAGEE, in woc~sw~s and ani~„
'~ey are
rhat I~wfully s~iud of tl~ wid prana~s in fee sknP~~t th~t tl» sam~ u~ frw, ckar ~nd disd~+~d from ~II li~ns and ~
s b.ances in law or in eq~+itY. ~nd tM+ thev will and thelY heirs ahall warr~nt wd d~f~nd th~ title to ~Fw sam~ to th~ wid
j MORT6AGEE, its suaeuws ud sssg% fw~vn pairot the Iswful claims snd dema~ds of all ps?sorot
~ PROVIDED. ALWAYS that H the MORTGAGOR shall p~y unto th~ MORTGAGff the promissory ~ott hsr~inbefon descr~ed and ~MII truly, prompNy
~ er+d fulb Per(wm, d~sd~+~• ~x~wte, oor^Pkt~, canply with and ~bide by sach and evKy fh~ stlpvbtioes, apr~b, oonditioes and oo+r~nanb of wid
promiuay non u~d of N~is Mwtpape, then Nds Mortyaye arw! the EsTat~ hsr~by uaf~d ahall c~af~ and b~ rwll snd roid. '
IT IS UNQERSTOOD tlwt the word "Mortypor" whether in tM iirgulu w plwd anywtwn in this Mat~pe. ~hall b~ sinp~far if on~ anly and
•hall be plwal ioimly and swer~ly ff mor~ th~n on~, and that tM word "ttKir' a wad ~nywhen in this Mort9~pe shall b~ t~kan to m~an "I~b,° "Fws„"
` or "Ns.° wlwrewr the canext w implas w admin. Alw, th.f wF»..w. ~ha~ is ~ r~faeno. in rh. oownann and ayreemena Mrein oontahwd eo any d g~
p rM prties hereto, tM wew sh~ll be oaatrved to mean as vwll p tM Mks, Ip~l npes~ntatives, wocs:wn and a:sipm (NtMr vduntuy by act of th~ ~
~ parti~s a iovolumM? bY oPaatae of the I~w) of the swn~ ~nd tMt ih. ca?enann heretn cor~tasn.d sh.U bMd ~nd ih. b.~.f~n .nd .dv.mapu trwn ~
= to th~ rypediw htin. {epal npresentatives, wocessors and puyrn of tF~ puti~s haet0.
li ~
~ Md said Mwty~yors, for ti»eru~lves and their hein. Ip+l repr~ntativ~s, wouston and ss~ip~n. herebY i~~Y Md s~wr~lly aov~nant and pr~e w
to ~nd with th~ ~ad MORTGAGEE, in wocessas •nd ~ssipm:
~ 1. To p~y all and sinpvlar th~ princ~pal ~nd inta~st ~nd th~ wrious ~nd wndry surtn of moMY WYablt by virtw of aid promiswry raN, ~nd thi~ ~
~ morf0+pe, e~ch ud w~y. PramPNY o~ th~ d~yt rtapactiv~ly th~ s~rne sw~~aly bcame dw.
~ 2. To pay atl ~nd sir?pvlN th~ t~xe~. sss~sunMts, IwiN, li~bilitiq, oblip~tiom ~nd ~ncumbnnus of ~wry natur~ and kind now on s~id dMCrq~d ~
€ prop~rtyr a tfist h~r~ahK may b~ inpwd, suffasd. P~+ud, levisd, or su~wd thenon, or th~t lwrahM may b~ kvi~d w as~eswd upon thb Mon~
u
E ay~, a tM ind~bt~drnss seow~d Mr~by. ~acb and w~rY, when dw and payabb. +ooordinp to {~w, befon tM~r b~c~ dellnqwnt, arw! b~for~ any Mn~st
' att~ches p any penalty is int~rred; ANO INSQFAR AS ANY THEREOf IS OF RKORD THE SAA14E SHAII 6E PROMPTLY SATISFIEO AND DISCNARGED OF ~
` RKOR~ AND 7HE ORIGINAI OffIC1Al DOCWMENT (StKH AS, FOR INSTMICE, THE TAX RKEIPT OR THE SA~ISFAC710N PAPER OFFICIALLY ENDORSED
~ OR CERTIf1ED) SHAII dE PLACE~ IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYNfENTj and fn tM we~t thaf any IMnof fs ~01 ,
paid, sat:~fied ~nd dixh~r9ed ssEd MORTGAGEE may at u~y time pay tM sarn~ a~ny pnt thereof without waivinp a affectinp any option, li~, eqvity a E
•iqht und~r or by v~tue oi this mortyape and the full ~mourtt of e~ch and every such payment shalt b~ imrnsdi~t~ly dw and payabb s~+d sh~ll bw int~rpt
~ ~rom rhe date rhereof until paid at r~te of nine per centum ptr annum and wpether with ~uch interest shall be secured by the lie~ of th:• morytaye.
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