HomeMy WebLinkAbout1951 ~
' ~ 318'7~.~ ~
THIS INpEN1URE. Mad~ th~ ~rd d~y of ~ t~~= A.D. 19_. 7
S b~tw~+
Willis4 B. Bdqe snd Ksthleen M. 8 ge s w e
. , ~ .
of e County Flotida, Mr~in~itN d~sign~~ed +s tM "MOR~GAGOR," ~nd fIRST fE~ERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, • cwpaa~+on wQa~i:~d a+d ~:iqirg v~ ~M liws o( ~hs Unit~d S~at~t of Atin~rica and Mvinp ih pKircipsl plat~ of
busin~s in tM City of Fat Pierc~, St. luci~ Gounty. Flaida, hN~in~l~er deilpn+~ed +s ~M "MORTGAGEE:' '
WHEREAS tM MORTGAGOR is jvstly indebt~d lo tht MORiGAGEE in the sum of i~ a7s7~•~ yood +~d I~wfut money of ths United
Sfates advanced by tht MORTGAGEE unto tl?~ MORTGAGUR, a~ svidenced by a te+ta+n promissory note of eve~ d8te hsrswith, of which ths folbw'ug in
wo~ds and -('~qu~t~ is a trw copy, towit: 13~O~1s8
s 27,7W.00 No
~«r P;.~n, Fb,;d,, October 3 19 7S
Fw v~lue receivcd, I, we w eithe~ of uf, promise fo pay, withou~ defalcation, to ~he orde~ of FIRST fEOERAt SAVINGSS AiJD IOAN ASSOCIATION OF
~ORT PIERCE al Fort Pierce, Florida, the sum of = 27J~7O~•~ w:ih int r qst from date at the rate of B~~~X. par annwn, in monthly inst~ll-
~:,r~,n as (ollows: Y"28•~ oo the a0th day cf Jsnuary ~9 ~o and a lik~ sum on ths canspaKliog day of each month therr
ai~er ~ntil the whole be fully paid. '
Each insrallnwnt fint shall be appGed in payme++t of the interes~ and then on the unpaid balsnce of the prindpal sum- (f defauh it msd~ in tl+s
pa~ment of any installment whe~ d~e, and wch deFault continues 30 days, then st the optiw~ of 1he holder, ~nd without s~y other notice, all the remaini~
~~,statlr~ts sAall be due and payable ~t once. Privilefla is given to prepsY tha note in whole or in part at any tim~ withouf penslty. Neithet fwtbeuanos.
~or acceptanc~ by the ho3der thereof afte~ any dehult in any paymants heteon, shall be decmed extension. A I~te paymenf du?ge of = 11 shall b~
added to each installment remaininy unpa~d 7 days after ib dw date, ~nd • like sum ihall be added ro each such instatlmer?t remaininp unpaid 7 days aftat
each succeedieg paymenl date.
Each maker, wrety and endwse~ hereof, joiMly and uverally, waives demand, prex~tmeM protest and notice of p~otest for nonpaymenl, +nd iurlMt
agrees to any extensiw~ of t~me of payment, eithzr before or sfte~ matunty, without notice to a~y of us; and to pay all costi of collection, incl~dinp •
.easonabk sttorney'a fee in the event of any de(auit hereunde~, snd Mreby severally waives all benefit of homestead and exemptio~ und~t the constifvlion
a~d laws of each $+ate of the Ur.ited Sutes, as againat this oblegation w any e:te~sion or re+xwal FKreof.
WitrKSS the hsnd and scal of ~~ch party.
. - . „ _ 5/ William E. Bdge ~
. ,
. REI?q .
5/ Kathlee~ M. Bdge ~U
(SEI?q
41. SS t State Revenw
(&..~p «wwNed~w ~igkwFnae} .
NOW, 7HEREfORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 27 ~ 7~ .+nd tM performan~s of th~
cove~aNS a~d a9rccments tierei~after eap?essed, and fw divers good and valwble con~ide~stisms, by tfie~ presents, doet ~?ant, buy~in, ull, remiss,
reiease, convey and confirm unro t~+g MORTGAGEE, its succeuort snd assigns, all tMt certain lot, piece ot pucel of land, titu~t~, ly'~np, +nd beirg in 1M
Counry of 1'UCle and State of florida, deacrib~d u foltows:
Lot 29, Block 274, POR'r S?. LUCIB, S~CTION 3, as per plat thereof on file in Nlai
Book 12, psge 13A, public zecords of St. Lucie Countys Rlozids
By sqreeaerst of Mortgag~r and Moztgagee on file with Mortgsgee, the within uort-
gage secures not only an existing indebtedness, but sls~ ADVANCBS to be I~RBARTBR
oade by Mortgagee to MortgagoY, the aggregate of whicd will equsl the principal
asount apecified in the proaissory note secur~d hezeby.
=e^a:sERS • ol ~o~l~ 5/d- ~/~3
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' rn ST~qTE o~ ~'L~R1~}A`1
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M a~i o~MEN~URY,~._~;~ STAMP ~G
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~
~r - P~ _ ~Ct-a•7S , ~ + ~ IN PA1111kM OF TA~S
~ - ~ = ?~?02 ~ ~ ~ ~ ~ 4 1. 5 5 ~ °"E oh a~ss ~r ~Kr~we,etF ~ w:o~n
. ;4~ PURSIiANT TO CNA°•~9 7~_I~/,. A^.TS .?f I~ ~
~ . . . . . . ~ . ~ . . . . . . . . . . . . . . ~ c~Rt ~ . r: ' . ~f«
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rogethtr wiM all and sirgul~r tF~e te~ements, hered~taments and sppurunces therwnto bdorginp or in ~nywiw ~pPerlsininp thareto, and ~11 ru?ts, ku»s,
p~oceeds snd profin acnui~g and to accrw from said pem~es, all of whi~h ue N+cluded in the abov~ and fot~poiig description ~nd h~bendun?-
TO HAVE AND TQ~HOLDrthe sbove desaibed and grsn~ed premises unto ~the seid MORTGAGEE, its s~raesson and auipns forw~r. Md tM said
'wORTGAGOR for t ei n~;.~, executon, ~dministntors snd assigns, he~eby oovensnn with the s~id MORTGAGEE, its waessors ~nd aaiprr,
they a re
rhaf - t~wiully seized of the s+id premises in fee iirr2Ple; that the s+me an h~e, ckar and disch~~yed from all lisro and ~nn~n-
; brarxes in law or in equity, and that they W~~~ their ~~n shall wur~ot ~nd defend ths titk to the sarrw to tM said
MORlGAGEE, in svccessors snd assigns, faever sgsinst the lawful cl~ims ~nd demsnds of al! perwm;
~ PROVIDED, ALWAYS tMt if the 1NORTGAGOR shall pay ~nto the MORTGAGEE tlw~ promissory not~ har~inbefore destribed and sh~ll truly, promptH
and fulty perform, d~scharge, execute, complete, comply with and sb~de by e~ch and every ti+e stipulatiau, a9reunenri, cawJitiom and oovenants of s~id
p.omiisory note and of this Mortgsge, then this Morty~ge snd the Eststa hereby ueated sh~ll u~ ~e~d b~ n~ll ~rd wid.
IT IS UNDERStOOD th~t the word "Mort9apa" whether in ihe singul~r a piwal anywher~ in this Mort9~pt. ~11 b~ sinSular if orr onty ud d~
shall be pl~ral jointly and swer~lly if more thsn one, snd that the wad "1F»ir" sf uted +nywh~re in this Mort~ap~ sF?~II bs falce~ ro m~~n "his,•• "F~ers••
ar "its;' wherever the contexr so implies o~ sdmits. Also, tMt wfierevar there is ~ referenoe in th~ tovenanri ~nd aprsertNnts Iwein oontairnd to ~ny of }~ti
rhe putip hereto, the same shsll bs corutrued to mcan ~s welt as the hein. legd rtpresentatives, waeuon ud auipm (eitMt volumary by ad of th~
partiq or inrolumary by operation of the Iaw) of the ssme snd tMt rh. covenann herein com+ined shall Wnd and ~hi b.nefia and .dvanr.p~~ inw~ ~
~ ro the respectiw hein, leyal represcntatives. wccessors and ~u°gra of the puties hereto.
Md ~sid Mwtgpw~, fa themselves ~nd tF+eir hein, lepal represer+tstives, succeston a~d sssi~rrn, hsreby jointly and stwrdly oo+r~rwnt u~d apnt ~
~ to and with the ~aid MORTGAGEE, ib avccesson aRd auq~: .
1. To pay all ~nd sinpula? tM principal and interest and tha various and sundry suna of monty p+YaW~ by virtw of asid promissory ~ofe. ~nd tl+ia ~
rr,ortgaye, seth and ewry, p~omptly on the days rapeuively ths s~me stverslly becan~ dw.
2. To p~y stl and s~rgvlsr tM raxes, assessmenn. Iwie~, liabiliriea, obliystioro and ~ncumb~nas d twry rwhxt k+d kMd now o~ aaid dNC?ib~d
property, o? that hereahN m~y b~ impwed, wffered. P~+oed. Iwied, w a~ssssed therson, or thst Mre~ha m~r b~ Iwied a~uawd upon thia Mort~
age, o~ tht indebtedness secur~d lwr~by, each ~~d ~wry, wM~ due ~nd p+yable, auo?dirp to taw, befao they becan~ delinqu~nt, and Mfor~ an~r imw~st
attaches or a11y pfMlTy If Ir1CWfld; AND INSOPAR AS ANY THEREOF IS OF RKORO 1HE SAME SFIALL bE PROMPTLY SATISf1ED AND DISCFIARGED OF
~ RECORD AND TME ORIGINAL OffICUI'OOCUMENT (StKH A5, FOR INSTANCE, THE TAX RKEIPT OR iHE SATISFACTION PMER OFfIC1ALlY ENDORSED
OR CERTIFIED) SHALL SE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENt; u~d in tiu wtM that any therwf ia nW
~ paid, s~t"sfied and dischuyed ssid MORTGAGEE msy a~ any time pay th~ same o~ sny part thereof without wsivinp a affectinp any option, li~n, equity w
~~qht under w by vi~tue of thit mortyage and the f~ll amount of eath ~nd every such payment sFwll be immediatsly dw and payabk and shill bear iMNest
~rom rhe dare +hr~eof ~inr~l pa d at rate of nine per cent~m per annum ~nd royether w~th svch intere~t shst! be secwed by the lien of ~h's mwg~age.
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