HomeMy WebLinkAbout0161 ~ 31'~.520 ~c
THIS INDENTURE, M.d. ih~ 2~ ~d day of ~ Pte mbe r ~ ~,p, ~q 7 5 b.rW..n
Jahn t~~. Davis and Theima L. Davis, his wife
of St • ~C1@ County Flaid~, hsr~in~ft~r dtti~pled ~s ths "MORTGAGOft," ~nd i1R5T FEDERAL SAVINGS AND LOAN
ASSOCIATtON OF fORT PIERCE, ~ oorpor~tan aqanisad snd existinp undK tM I~~ Rf!1» Unt~~d yN~?,,If America and havinp itt principal pl~t~ of
buiin~ss in tM Gty of fotl PiKa, St. Lutl~ Counfy. Florida, Mr~inaftK dtiipn+qd ~i fl+~ "MORiGAGEE:'
WHEREAS tM MORTGAGOR is jwtly intNbt~d ro ths MORTGAGEE i~ the sum of 3 2 S~ ~n0. 00 ~ 9~ ~awful money of the Un;ttd
Statp +dvanced by the NIORTGAGEE unto tM MOR(GAGOR, as evidenced by a certa~n promiuwy note ot even date herewith, o( which ?hs followinp in
, wads and fiyur~s is • trw copY. to-wit:
= 25.200.00 • ~ 1002159'7
Fo.r PMrce, Fi«~, September 22 ~y 75
for valus received, 1, we or either of us, promiss to psy, without defalcat~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of
fORT PIERCE at Fort Pierce, Florida, ths ivm of = 2 5~200. U~ with intere~l irom date at the rate ot _ ~ 96 per annum, in monthly ins?all-
menn as follows: s212 , DO ZOL h~y of NOVE'tIIb6I ~9 75 and a like svm on the cwrespa~ding day of esch mo~th therr
•tttr untit the whole be fully paid.
Eath insullment firtt shall bs appleed in payment of ths interest and the~ _n 1he unpaid balsnce ot the ptint~psl sum. If default it ir.ads In the
payment of any installmerit when due, and such defautt continues 30 days, then at the optio~ of the hotder, and without any other notice, all the remaining
installmen~s ~hall be due and payable at once. Privilege is given to prepay this ~ote in whol~ w in part at any time without penalry. Neither forebeuance,
nw acceptante by the Falder ti?e~eof aiter any defwlt y~ any payments hereon, shsll be deemed extension. A lale payment charge of S-~~Q, ihall bs
added to each installment remainirg unpaid 7 days after ib dw date, and • like wm shall be added to each such ins~allmenl remai~ing unpaid 7 daya ~fter
eath wcceeding psYment date.
E~ch maker, surety and endorse? hereof, joiNly and severally, waives demand, presentme~t protest and ~otice of protest for ~wnpayment, ~nd furthsr
agrees to sny extensan of time of payrrKnt, eithe+ before a after maturity, without notice to any of us; and to pay all costs of collection, includ~np ~
reasonabk attwney's fee io the event of any default hereunder, snd hereby severally waives all benefit of homestead and exemption under tF~e cautitution
and laws of each Sate of ths United States, as against this obligatan or sny extension or renewal hereof.
~tness the hand and seal of each party.
- . _ cs~~u
Jahn W. ~avis ~u
. tsEwu
S/ Thelma L. Davis ~U
r C 37 • 80 ~ srste Reven~e
~Ok1~[ ~E~filfil~i~dRXaK~tiiKl~alfiX
pu po ng psyment of tsid svm of S 2 S. 200. 00 ~ p~,(~ance of tM
NOW, THEREFORE, the MORTGAGOR for the r se of securi
coven~nb and agreemcnts hereinafter ezpreued, and for diven good ~nd valwble cons;dentions, by these p~esents, does graro, bargsin, tell, remise,
release, conrey and tonfirm uNO the MORiCsAGEE, its sutceuws ~nd ~uGyni, all tM1 tertai~ bt, piets ot patcel of I~nd, sitwte, lying, and being in ths
~~ty p{ S t. LU C i Q , end State of Floti{~, dc~vibed foilovn: ±
Lots 19 and 20, Block !1, tti'EST EM? ~DDITTOV, as per plat thereof
on file in F'lat Book 2, page S, of the public records of St.
Lucie C~unty, Florida
By agreement of ~tortgagor and Mortgagee on file with Mortgagee, the
Kithin mortgage secures not only an existing indebtedness, but also
'i ADVANCES to be HEREAFTER made by Flortgagee to Nort9aqoz, the aggre-
j gate of which will equal the prin~ipal amount specified in the
promissory note secured hereby.
_ . . . 1!~ PA~;dfrl~j ~d~n.
~ i9i~-
_ STATE ~F F~Or~-~~DA 1 ~ r~g°~
~z DOCUMEN~Ar~Y~:.---, STl'~;1AP iA~: j _~;~~y~D~~ 1>>~'
c~ " 7~
P;. 0~
REYENUE .''-l'~ • = ~ , p~y Qt' ~ •
~r N F ~ ~ p ~ ~J~'
_ P& _ SEP2~'15 ~z 3 7 U O , PJR~ ~w - ' ~
~ = a ~ l
o ~ ~ ~ ~~zY - ~ 1 c?~-'~
togethsr with atl and sirgulu the tenemenn, nereditsment~ snd appurqncea ri~ereumo oeionging or in ~nywis~ appen~ining merero. ~no ~ii renis, iwue~,
proc~ u?d prof~n acu~ing and to accrve from s~id premiies, stl of which are included i~ the abov~ and foreparg dacriptan and Mbend~m.
TO HIIVE AND TO HOLD the ~bove described and granted premiset unto tM ~aid MORTGAGEE, its suaesso~s and auipns forevK. Md th~ wM
MORTGAGOR for t he 1 Y' ~~~rs, executon, edministrstws and sssigns, he~eby covenanb with tM ~~id MORTGAGEE, its succasors snd ~saipns,
~~t t he v are ~awfully seized of the said premis~s i~ fee simples tMt tM same sre fr~s, cl~ar and discha~yed fram all liens and ~
b~~nces in law a in eq~ity, and thar t he wiU and t he i Z hein shall warrant a~d detend tFa titk to tM sam~ to fh~ wid
MORTGAGEE, ib ivcceuors snd auiyns, faever aysErot the lawful claima snd demsnds of all perswu;
PROVIDED, ALWAYS tMt if the MORTGAGOR shall psy unto the MORTGAGEE tht promiswry note hereinbefor~ destrib~d ~+'.d sh~U tt~ly, pamptly
•~d fvlly perfwm, dixhirge, exccute, compkte, comply with snd abide by each ~nd every the stip~lstiau, ~yreert~enn, conditions and ooven~nq of said
promisswy not~ and of this Mortgsge, than thi~ 1Nortgsye and tF?e Estate hereby ueated shal! cease and be null ~nd vaid.
IT IS UNDERSTO00 that the word "Mortgpo~" whether i~ tF~e singul~~ or p{wal anywhe~~ io this Mort~spe, shall be sinpulx if on~ only and ob
shall be plur~l jointly and severally if more than one, and tMt t1~e word "their" as v~ed anywhere in this Matyaye sh+ll be taken to m~an 'bis,•• ••hen," o~
or "iri," wherever th~ context w implie~ w admits_ Alw, that wherever there is s referenu in the covenantt an~ ayreements herein containad to am of ~
the parties hereto, the same shall be construed to me~n as well as tF~e hein, ky~l representatives, successws +~+d auiyro (either voluntsry by ~c1 of tM ~
parties or i~voluMary by opention of the law) of the same snd tF~at the covensnri herein contained ahall bi~d and the benefits and ~dv~nt~s irwn ~
ro ths respeetive hein, le9al representativa, si?ccessors and ass~~iu of the puties hereto. ,r ~
And sak! Nbrtya9on, fa themselves snd their hein, leyal reprexnbtives, wcussors and ~uipru, hercby jointly and ~everalFy covet+~nt and apnt
to u~d with ths said MORTGAGEE, its successon and suiym:
1. To psy all ~nd sir+~ubr th~ principsl and imerest a~+d the wrious and iundry wms of money payabk by virtue of qid promiuwy note, and N~is
mo?tys~e, esd+ ~nd every, promptly a+ tFw day~ respectively the iune severally become due. u
2. To pay all and sirgvl~r tM t~xes, stsesunenn, kvies. liabilities, obligations a~d tnc~mbr~nces of every natw~ u~d kind now o~ said de~cr~d r
prop~rty, or tMt her~aher may be imposd, wffaed, plaud. Iwied, a~sussed thereon, or thst hereahe~ may b~ kv~ed w asies~ed vpon this Allort¢
a~t, w tht irwlsbtedness secured her~by, exfi ~nd ~rery, wFwn du~ and psyable, sccordinp to I+w, befwe they become delinquenL and b~for~ u~y int~rpt
attaches or any penalty is i~cwred; AND INSOfAR AS ANY THEREOf IS Of RKORD TME SAME SHAII BE PROMPiIY SATISf1EJ AND OISCHARGED OF
RKORD AND ?HE ORIGINAL OfFICIAI OOCUMENT (SUCH AS, FOR INSTANCF, THF 7AX RECEIPT OR THE SAi15~ACT10N PMER OFfIC1AlLY ENDORSED
OR CERTIFIE~) SHAIt BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~ny tf+aeof b ~w
p+id, sat'tfied and d~xh~rged sa:d MORTGAGEE may at eny time pay the same or sny part thereo( without waiving w af(ecting any optian, lien, equity or
•ipht unde? w by virtve of this mortgage and the fuil amo~m of each and every iuch payment shall be immediately due and payabk and shall beu intenst
~rom the date th~ereof umil paid at rate of nine per centum per annum a~d together w~th such intcrest shall be secured by the lien of th:s morytaye.
- ~
.
, .
~y T~' - ' '
. `.~'f•ta,~~`~.. ~ ~°i ~ d.e_ 't'~....ve...`."~`~ _ _ ' ..~~~4~"'~'v.1~ a'~t~~ ..,Yi