HomeMy WebLinkAbout0159 _ ~ 31.'~.519 ~ ~
THIS INOENTURE. Nlid~ t~ 22RC~ ~Y ~ K: SeUtg~~= A.p. 19 75
_ bHwNn
James D. Revelle and Joyce ~.Revelle, his wife
of SL . 1.i2C 1@ Counfy Ftorida, Mr~ina(ta desynered as tM "MORTGAGOR," and fIRST fEDERAI SAV~NGS AND IOAN
ASSOCIATION Of FORT PIERCE. • corporation w~anized and ~x~s1~n9 unda~ IM lawt of tM Un~ted Sf~t~~ of Ame~ica and h~vinp ih principal plsc~ of
b~iin~u in tF» City of Fwt Pierc~, 5f. lvci~ County, fbrid~, h~rein~ftN d~siynat~d et tM "MORlGAGEE:'
WHEREAS ttN MORTGAGpR is jwtly inclebtad to th~ MORTGAGEE in the wm of ~ lyl6O~• 00 good and l~wful mon~y ot the Un~ted
States advanced by Ihe MORiGAGEE u~to the MORTGAGOR, as evideixed by s cer~au? prom~sswy ~ote of ere~ da~e herewifh, of which th~ followirq in
words ~nd figurei b a trw copy, to-wit:
= 1y.600,00 ~ lOb2t6nD
' fo.r P~.c., Fbr+da, September 22 ~y 75
fw vatue ~euivcd, 1, we or eitF~er of us, promiu to pay, without defslcat;on, fo the ordar of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORi PIERCE al fort Pierce, Fbrida, the sum of : 1y,60U.00 rv;th intarest from date at the rata of _ ~ 9'o pe+ annum, in monthly ir?italb
mems as follows: ; 177 • 00 on ~he2Oth d,y af November ~9?~ ~nd ~ Iike sum on the cure~pond~ny day ot each month then- ~
afler until the whola be fully paid. ~
Each insullment fir~t ~hall be applird in paymenl oi ths inlerest and then on the unpa~d bat~nce of the p?inc~pal sum, If default is made 1n th~ ¢
paymenf oi any Installment when dus, and such default tontinues 30 days, then af the option of the holder, and without any other notice, all the remaining j
instsllme~ts sMll be due and payable at axe. Privilege is yiven to prapar this ~ote in whole ot in part at any time without pe~alfy. Neither faebtarance, ~
~w acceptance 6y the hotde? thereof after any def~ult in any paymenls hereon, shalt be deemed extens~on. A late psyment cMrge of s ,~s thalt be ~
added ra eath installment remain;ng ~npaid 7 days sftd ils due date, ~nd a like svm shall be added to each such installment rtmaining unpaid 7 days ~fter ~
each succeeding payment date.
Each maker, surety and endaser hereof, join~ly and seve?slly, waives der.wnd, prese~lment protest and notice of protest fw nonpaymeN, ~nd furthar ~
agrees to any extension of time of payment, either before o~ a(1er matu~ity, withouf notKe fo ,ny of ui; and to pay all costs of collection, i~cluding • •
reaionable attwney i fee in the event of a~y de(avtt hereunder, and hereby seve~ally wa~ves all benefit of homestead and exemption unde~ the cautitution '
and laws of each State of the United St~tes, as against this obligation w any extension o~ ~enewai hereof. ~
Witncu the hand and xal of each party. ~ 1
3
. _ , , James D. gevelle
. -lS~/?q
S/ Joyce A. Revelle
t a29.40~ ) State Revenue ~V
~eoo~cx~c~Ifetbmo~ad9tD~dc~
NOW, THEREFORE, the MORTGAGOR iw the purpose of securi~g p~yment of said sum of = 19 , 600. 00 , p~(a~~ of tM
cov~nanq and sgraemeny hereinafter expressed, and for divers good ~nd wlwble cauiderations, by lheae prsunn, does grant, bar~ain, setl, remise,
release, coovey and confirm unto ths MORiGAGEE, iri sutcessors and ~uigns, all that certaio bf, p'~ece or parcel of I~nd, situate, IyinQ, and being in iFN
Counry of ~t •~-uc i e and Stata of Florida, deuribed as fellows: ~
~
The West 116 feet of the Yorth 90 feet of the South 318.64 feet of the
East 132 feet of theWest 19~i feet of the East 330 feet of the NE', of
the Sl~'`:, of the Str''„ of Section 34, Township 35 South, Range 40 East.
By agreement of l~fortgagor and ~lortgagee on file with
~fortgagee, the within rooztgage secuzes not only an
existing indebtedness, but also ADVANCES to be HERE-
AFTER made by Afortgagee to Mortgagor, the aggregate
of which will equal the ptincipal amount specified
in Yhe promissory note secured hereby.
_ U ~ t~~
.n STAT~ ~F F'L.D~iGA ~ ~ G ~j ~Pn~tw~`,:o~~~.
~JOCUMENTARY~-==;-ti~TAMY 'Aa ~ ~!r`"'"~p~F ~y~i~
" c:~ FEVEr~uE ,-:°~1~: ' ~ ~
_ 'C 1f ~
~ = o - ~EP24~~5 ~ z s. a ~ , ~ ~",~,,~''a~,E a°~
~ = 1! 02^ ~ - ~ QU _,R ~~l,C~
~ ~ aR~,;. ~
together witb sll and singular the tenements, hereditamMn and sppurt~nces there~mlo belongirg a in ~nywise ~pperqininq there% and a!I tenri, fisues,
poceed~ and prof;ts acnuirg and to acaue from said pemises, ell of wFiKh ~re included in the sbove and foreqoiny desc"ription +nd Mbendum.
TO HAVE AND TO HOID the sbove dewibed and granted premises unto the aaid MORTGAGEE, in wccessors and miyns fwever. Md tiw safd
MORTGAGOR for h~-L--- heirs, executors, administrators end sssi9ns, her~by cove~ants with the said 1NORTGAGEE, ib suaeiwrs ~nd ~qipnt,
tl»t t1]ey dre lawfutly seized of the said prem~ses in ies simple; that the same ere free, ckar ~nd discMryed from ~II fie+n and ~ncwn-
brsnces in law w in equity, a~d that t he y will and t he i r hein shall warrant a~d defend the titk to the s~rn~ to tM wid
MORTGAGEE, its succeuors snd augns, fuever agaFnst the Iswful clsims and deminds of sll persons;
PROYIDEO, AtWAYS thaf if the MORTGAGOR ihall p~y unto the MORTGAGEE the promissory note hereinbefwe destribed and shall tn?ly, promptly
a~d fullr perform, discharge~ .execvte, complcte, comply with end abide by exh a~d evcry the stipulaliau, syreements, conditiaq snd covtrwnb of aaid '
promissory rate and of this Mwty~ge, then this Mortgaye and tF~e Esate hereby ueared shail cea~e and be null and vo;d.
IT IS UNDERSTOOD tiut t:~e-wp~d ••Mortg~pp•• whether in the singular w plural anywhere in tha Mwtg~ge, shsll be sirgulu if one only ud
shalt be plural jantly and ~everally if more than wro, snd that the word "their" as used anywhere in this Mortqay~ shall be taken to me~n "his:• "Iwn,•• p"
or "its;' wherever the context io impties or admits, Also, that wherever there is a refererKe i~ the covenanq and agreements hMein oontiintd to any Of
the parties hereto, the s~ms shall bs consnued to mean ss well ~s the heirs, sl r
le9 epr~sentatives, suueswn and auiprn (either vdunury by act of th~ ~ w
parties or involuntary by oper~Ya~ of the Iaw) of the same and tMt ~he coven~nn here~n conr,ined sha11 bind a~+d rhe benefin ~nd advnr~es irw,r~ i~•?
ro the respeciive he'ua, kya! representativp, succeuas end au'g~s of the psrties hereto. ~
Md said Mortgagors. for themselves and their heirs, legal representativet, succeison a~d ~ssiyns, hereby jointly and severalty covensnt and pree
to and with the ~aid AAORTGAGEE, ib aucceuors ~nd auigns: ~
1. To p~y sll and sinpubr the princip~l s~d interest and the wrious and sundry sums of money paYabk b virtue of said ~-'a'-
mortp+pe, each and every. W~P~~Y a? the days sespectively 1he same severally becomt due. Y W~~++aY note, and thia r.,
2. To p+y ~11 sed ~inyular the taxes, ~ssessme~q, levies, liabilit~es. obligations and e~cumb~s~ces of every natws and kind now on said d~snibd }~.ti
pioperty, a that hereafter msY be impo~ed, wffered. Plsted, levied, o~ assessed theraon, or tMt her~after may b~ kvied a aas~sied upon 1Ms Maq-~
pe, w ths ind~bted~~ess secvred hereby. sach ~r.d every, whert dve and payibb. ~ccordinQ to I~w, before they becom~ delinquent, and b~for~ am i~rpt ~
atathes w~ny penalty is incutrcd; AND INSOFAR AS ANY THfREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIEO AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENt (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFAGTION PAPER OfFIC1AUY EI~DORSfD
OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXi AFTER fAYMENT; and in tht event tMt a~y therwf .is rqt
paid, sat"sfied and d~uharyed sa:d NIORTGAGEE may st any time pay the same o~ a~y part thereof without wsivinq w affectinq any optan~ lie~, pvity w
~iqht under w by virtue of this mortgage and tFx full amoum of each and rvery such paymeM sh~ll be immediately due and psyabk a~d ihall bear interat
<<om the datt thereof until psid at ra~e of nine per centum per s~~um and toyether with such intcrest shall be secured by the lien of th:s morgta9e.
r
. t _ . ~ ~ ~ ; " ~
~R~~~'~~