HomeMy WebLinkAbout0163 ~f ~
~ 31'~52.1 .
THIS INDENIURE, M+d~ tl~e Z.Z.L1C~ day of Sant pmhg r ~ A.D. 19~5. bNwNn ~
a
jrvin ~rr~~t and I~ary Scett~ his r fe _ '
_ ~
pf SL. L11C1@ Cpynty Flwida. Mreinafta dtiipnated +s RtM "MORTGAGOR;' snd fIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE. • oapaatan ay+n{zed and ex~s~ing undK tM law~ of ths Un~ted St~~~s oi Am~ric~ ~nd Fuvinp iri printlpal pl~ ot
btninas in tM City o1 Fort PiKp, 31. lutie Cou~ry, Fbrida. Fw~ln~ftt~ dnpnated +s tM "MORiGAGEE."
WHEREAS tM MORTGAGOR is j~stly indebted to the MORTGAGEE in ths sum o( = 1-TT good and lawful money of the United
Statas advanced by ths MORTGAGEE unto the MORiGAGOR, as evide~xed by a cert~in promiuwy note of even da~e herewith, of which the followinp In
wadi u~d figures it • uw- copY. to-wit:
~ 17,60Q.0o r,~, 10021601
Fwt Pierce. Fb.~da. Septeaber 22 iv.Z~
iw valve received, 1, we w either of us, promise tp pay, withoul defalcat~on, ?o the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Faf Pierce, Fb~ida, ~he sum of = 17 ~ 6O0 w~th interest irom date ~t ~he ~ate of 9• pe~ annum, in monthly instal{- ~
ments as iollowi: = 159.~_ ?~t11 day of November ~9.?5 and a like sum on th~ correspondmg day of each momh therr ~
sf~er until the whole be fully paid.
Eath inatallment (irst sMll be applied in payment of the inleresl and then on the unpaid bala~ce oF the prinupal sum. If deiault is madt in t!w ¢
payment of sny installmeot when due, and such default tontinues 30 daya, then st Ihe option of Ihe holder, and wirhout any other notice, all the rsm~ir?irg
instsltments shail be due and payabls al once. Privilege is give~ to prepay this note in whole or in part at any time witMut {xnaNy. Nei~hes fwebearance,
nor ~cceptance by the holder thereof after any default in any payments hereon, shall be deemed extension_ A late payment chuge of ~.Qry. shall bs
added to each installment ?emaininp ~np~id 7 days after its due date, and a like sum shall be added to ea:h such installment remaininp unp~id 7 d+ys ~her
exh succeedinp payment date.
Each- maker, surety and endorx~ hereof, join?ly and severally, warves demand, presentment protest and notice of protcst fw ranpayment, and furtha
agrees fo any extension of time of payment, either before w after matvrity, without notice to any of us; and to pay all costs of colleaion, inctudiny a l
reasonabk attor~ey's fee in the event of sny default hereunder, and hereby severally waives all benefi~ of homestead and exemption under the conititution ~
and laws of each State of the United States, as againsf thls obligation or any extension or renewal hereof. ~
Witness ths ~~+nd and seal of each party. ~
_ _ s/ Irvin Scott ~wU ~
_ _ . _ . . cs~?u !
e/ Ms~rv Scott iec~~~ ~
$26 40 • - ~ ~
r ) srate Revenus ~
(S~aw~e~nnikd ~r ~ripiwsl -net~
NOW, THEREFORE, the MORTGAGOR fw the purpose of securirg psyment of s~id suM of =_IZ~ 6~ and tM performsnce of tM i
tovenants ud sgreements hereinafter expressed, and for dive~s good and wlwWe twtsider~tions, by these presents, does gr~M, barpsin, sell, rem'~se, f
release, tonvey and confirm unto fhe MORTGAGEE, its iucceuors u~d aui~ns, all ihaf certain bt, piec~ or pucel of Isnd, tituate, lying, a~d beinp in tIM `
~~ty St _ LuC 12 and Sta1e of fbrida, descr~bad as to:~avvc: -
~
;
[,ot 1, Block 3, 90Vf~RN VIBW SLBDIVISION, according to the plat thereof j
recorded in Plat Book 9, page 45, of the Public Recards of St. Lucie County,
Florida.
By agreement of Mortgagor and Mortgagee on file rrith
Mortgagee, the within mortgage secures not only an
existing indebtedness, but also ADVANCES to be HERfi-
I AFTBR made by Mortgagee to Mortgagor, the aggregate
of which will equal the principal aaount specified
in the promissory note secured hereby.
~ . . . . . . ,y~ ~ ~,o~c ~ct.
- r~ _ STATE LF
GPlD~~. 1 '3 S~~,E~d~ ~91'-
~Z DO~UMENTAR~ ti,5 TA M F ; h. x~ ra~~
~ ' N DEPT. OF ;?fVE~iUE ~,T~;~,,., ~ ~E~+"-N
zC - _'j •t`,, ~ O v"~ W~.`--
~
~ _ p~ ~ s~PZ,•~5 ~ ~ ~r~ 2 6. 4 0 ~ °F'`~" 'p'p~'~'
_ ~ ~ P~~
° = ~„~z ~_~1 ~ ~
ropethtr with all and singular the tenemeMi, heredit~me~ts and appwt~nces thereunto belonging or in anywise appertainir+y thereto, ~nd ~ii r~nn, iuu~s,
procceds snd profin acuuing a~d to acvue from ssid premises, all of which are included in the ~bove and foreQoirg description ~nd twber~dun~.
TO HAVE AN~ TO HOLD the above dewibed and g~anted premises unto the ssid MORTGAGEE, its wccesson a~d ass~pns forever. Md tM said
MORTGAGOR fw --Z~1~~--- heirs, e:ecutws, edministntors and assigns, lxreby covenants with the uid MORTGAGEE, iri wccesson ~nd aaipns,
~hst -~h ~ a tp Iswfully seized of the said premises in fee simple; that tht tarn~ us frae, cku and disd~arged from ~N Ilau and ~
b~ances in law a in equity, and thst thev W~~~ a~ their heirs shall wurant ~nd defend the title to ths sam~ fo the said
MORTGAGEE, its succeuors u+d auigns, forever agairtst the lawful claims and demands of all perso~a;
PROVIDED, AlWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE tM promissory note hereinbefore destribed ~nd shall truly, ptomptly
and fully perform, diuharye, execvte, compl~te, comply with ~nd abide by esch and every the stipulations, ~greements, cw~ditian ~nd tovMSnb ot said
promiasory note and of this Mortgage, then this Matgaye and the Estste hereby veated shall ce~se and be null and wid.
IT IS UN~ERSTOOD tMt the wwd "Mortpsyor" wixther in the singular w plwal anywhere in this Mwty+pe, shall be siryvlar if on~ only and po
shall be plural jointly and severally if more th~n one, s~ that the word °their" as used anywhere in this Mortqaye sl?~11 be uke~ to mean "his:• •"fKn.•• o~
w"iri;' wherever the context w implies w admit~. RIw, that wherever there is a r~fe?ence in the toven~nb and apreements herein oontained to u~y of ~
the parties hereto, the s~me shall bs construed to mesn as well as Ifie heirs. leyal r~presentstivts, suttessors ~nd aisi~r~ (eitlxr volumary bp atf of th~ ~
p~rtits w involunt~ry by operation of the law) of the same and that tF~e covenants herein cont~ined shsll bind and the benefin and adva~ta~e~ inw~
ro the respective heKS, Itgal representatives, successors snd us~gru of the partiss hereto. - -
And ssid Mortysyws, fw themselves and their hein, leyal represenutives, successo~s snd auipm, hsrebp ioiMly and ssverally ooverunt and ~pr~e ~
w and wifh the said lNORTGAGEE, its successws ~~d auigns:
1. To pay ~II and sirgular tM principal and interes! and the wrious and sundry ivms of maeey payable by virtw of uid promiuwy not~, ~nd thb
mwtyaye. ~ach and every, promptly on the d~ys respectively the same sawrally becoms due.
2. To pay dl and si~gvlH the q:es. ~ssesunenn, levies, lisbilitie~, obligations and tncumMa~ces of every rwture and kind ~ow on said d~scrib~d ~
properry, or that he~eafter may be impoted, s~ffered, placed, levied, w saseued thereon, w tMt hereaf~er may b~ kvied w aueased upon thi~ Morp-
aye, or tM indebted~uu secwed hereby, each and every, wMn dve and p+yabk, sccadinp to law, befwe tMp becoms delinquent, ~nd befon a~y hrirNt
attacF?et a+~ryr pen+lty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAU SE PROMPiIY SATISFIED AND DISCNARGED OF
RKORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OffICIAIIY ENOORSED
OR CERTIfiEOy SHAII BE PLACf~ IN THE HANDS OF SAIO MORiGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENi; and in the ~vent that any tMrwf is not
psid, saYsfied and discharged sa:d MORTGAGEE msy ~t any time pay Ihe same w any pa?1 tl~e?eof without w~iving w affecting any opiiw~, lien, puity or
•ipht u~der w by virtve of this mortgage and the full amount of e+ch and every such payment zhall be immediately due and payabk and sMll beu inter~st
~rom the d~te thereof until psid at rate of n~ne pe~ centum per annum and to9ether w~th svth interest shall be ucured by the lien of th:s mwptaqe.
- ~
~ ._f. _
. r.._-. e
,a-~~'~~