HomeMy WebLinkAbout1955 ~
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TNIS INDENTURE, M+de the_ 7th day ol OCtOb@1' _ _ A.O. 19~ be1wNR
Mary A. Newett, a single adult and MarQaret A. Newett~ a sin°lg_
adult - -
of St . Lucie C~ny Fbrida, he?einafter designated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS ANO LOP.N
ASSO:.IATION OF fORT PIfRCE, a corpwas:on org~nized and exis~ing unde~ the laws of ths Unifed Staas of America and Mving iri principel plate ef
buiinsss in therCity of Pwt Pierce. St. Lucie Gounty. F~aid~, hereinafter desigr+ated +s the "IyOOR ;
4 EE.•• ~ .
WHEREAS ths MORTGAGOR is justly indebted ro ths MORTGAGEE in the sum of S 3 ' good and lawfu! monev of the United
States advanced by the MORTGAGEE unlo the MORiGAGOR, as e~idenced by a certa~n promissory note of eve~ date herewifh, of which the followinp ln
words aMl f' utes is a trua copy, towil: 11~~356
3 30 , 40~. 00 October 7,~ 19 ~S
Fut Pierce. Flwida,
fw value receivsd, 1, we or either of us, ~rcmise to pay, without de(alcatio~, to the order of FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF
FORT pIERCE at Fo~t Pierce, Fiorida, the sum of f_ '3O ~ 4~• w;th interest from date at the rate of 9 % per ennum, in monlhly iruta~l-
~~enn as fo1lows: 5-274' ~ 2-
~~~ay of _IY0 V~UQY__., 19~~ and a like sum on !he corresporxling day of each rtw~th there- J
atter until the whole be fully paid. ~
Each installmrnt first shall be applied in payment of the interesf and then on the unpaid balance of the principal wm. If default is made in the
Haimznt of any inataltment wheo due, and such deiauit continucs 30 days, then at the optan of the holder, and without any other rtotice, atl the remaining
:~~sraltmnn?s shall be due and payable at once. Privitege is g+ven to prepay this note in whob ur i~? p+?t at any Yune without penalty. Neilher forebes~snce,
nor acceptante by the holder thereof aftrr any defauit in any payments hereon, shall be deH++ed eztension. A late payment tharge of 513-.---.70 shall bs
adJ_d to each instaliment remaining unpaid 7 days afrer its due date, and a like sum shall be added to each such installment rsmsining unpaid 7 days after
e3ch succeeding payment date.
Each maker, surety and endorser hereof, jo~ntly jnd x~craliy, waives demand, p~esentment protest a~d notice of protest for ~onpsyment, and further
agrees to a~y exteaiwn of time of payrrxnt, either before or after matw;ty, wlrhout not~ce 1o any of os; and to psy all msts of toflection, i:~eSuding a
reasonable attorney's fer in the evenr of any default Fxreunder, snd hereby seve~aily wsives all benefit of homestead and exrmption undH the tonstitution
;^d laws of each State of :he Unitec! States, as aga~nst this obGgation or any extension or renewa6 hereof.
Witness the hand and seal of each party.
„~rr• : E~ , S/ Mary A. Newett ~U
a sing e a u t ~U
'';i L~oE~" /~J 1~J'~! ~ V ~ -
+•e~Y tSEAU
argare . Newett, ~
~_545.60 ~ s~„~ a~„~„k a single adult
xa~c
NOW, THEREFORE, the MORTGAGOR for the pur~+ou of securing payment of said sum of S 3~ ~4~~ _ ~O and fF~e performa~ce of ths
covenants and agreements hereinaFter expressed, and for diven good and valuable consideratiorts, by ihese presents, does grant, barysin, sell, remise,
re~ease, convey and conf~rm unto the MORTGAGEE, ils auccessors and auigns, atl that cersain lot, piece or parcel of land, situste, lying, and beirg in the
Counry of $t. Lueie a~d State of Fbrida, dewibed ~s fdlowi: ~
'i Commencing at a point on the Northerly line oP Lot 12, 10 Peet
i Westerly from the Northeast corner thereof, and run Northt~resterly
f along the Northerly line oP said Lot 12 to the Northwesterly cor-
ner of said Lot 12 ~zhich is also the Northeasterly corner of Lot
~ 13, thence.run Southwesterly along the Westerly line of said Lot
~ 1? to the Southureat corner oP said I;ot 12, then~e run Southeast-
erly along the Southerly line of said ~.ot 12, a distance oP 50 Peet,
thence run Northeasterly, parallel to the Easterly line of said
Lot.12 to tne Northerly line of said Lot 12 and point of beginning;
sa.~ne lying and being a part of 31ock 17, oP PINEWOOD SU3DIVISI0~1
in the City of Fort Pierce, Florida, according to a plat thereoP
recorded in Plat Book 5 at page ?1~., of the public records of St.
~ Lucie County, Florida, and ,
~.SO
Commencing at the Northeasterly corner oP Lot 13 Which is also the
ivorthvesterly corner of Lot 12 and run thence Northwesterly , along ~
tne Northerly boundary line oP Lot 13, a distance oP 30 feet, thence ~ ~
run Southwesterly, parallel to the Easterly line oP said Lot 13, to ~
the Southerly line of• sai d Lot 13, thence run Southe asterly along ~
~ the Southerly line of said Lot 13, a distance of 30 feet, to the ~
Southeasterly corner of said Lot 13, thence run Northeasterly along ~
tne ~,asterly line of said Lot 13, to the Northeasterly corner ~
thereoP, and point of beginning; same lyinb and being in Block 17,
~ of PINE~OOD SUBDIVISION in the City oP Fort Pierce, Florida, accord- r"~~~
~ ing to a plat thereof recorded in Plat Book 5, at page 21+ or the ~ ~ $a
publia records oP St. Lucie County, Florida, and
~ :~L3 0 ~g ~ ~ ~ ~
:n easement and right-of-way b~eet in ~ridth and being 3 Peet ~ride r~-~
r
on either sid9 of the common boundary between Lots 12 and 13, of 1ii~
31ock 17, PIN~~f00D SUBDIVISION. " ~
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By agreement o~ Mortgagor and Mortgagee on file ~rith the Mortgagee, M"-i
the xithin mortgage secures not only an eacisting indebtedr~ess,
bu~ also ADVANCES to be HEREAFTER made by ~iortgagee to Mortgagor,
the agoregate oP which will equal the principal amount specified in -
`:.e t~c.:~ti ssnr•Y r;t7':n seCLil'ed he2~ebs•
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