HomeMy WebLinkAbout1958 ' ~ 318~1~ ~ ~
THIS INOENTURE, AI1~d~ tMn gth day pf ~Ct0~9I' A.D. 19~ b~ww~~
William P. ManQOl~l and C.arol ~R.rj~'F~r~(gold,~ his wife _
~ Sts, LL1C~A , Counfp Ftaida, I+K~I~af1N d~sip~ated ai tlr "MORTGAGOR;' ~nd FIR51 FEDERAI SI?VINGS AND IOAN
I?SSOCIAiION Of ~4? P~~~tE, ~ corporation oryaniud and exiitinp undK tM I~w~ of 1M Unitsd St~tes of Arnxiu u~d h~vinp ih~ pri~p+) pl+o~ d
businp~ in tl» Ciry of fort PiKa. St. l~ Cow~ry. Flaida. F~tr~inaf~a dMipnN~d a tM ' TGAGEE."
WHEREAS tM MORTGAGOR is jwtiy ind~Wd 1o tM MORTGAGEE lo tiK wm of =~~~OO 9ood u+d I~wf~l rtarwy o/ tM U~ihd
51~tN ~dvar~c~d by tM MORTGAGEE ~nto ~M MORTGAGOR, u~videnced by • urtHn promissory ~ot~ of ewn dats haswith, of wh~ch tht followinp in t
word~ and fipw~s is a trw oopY. to-wit: ~
H, 13000166 ~ . ~
r~.~ P,.,n, Fa~;d,, Oc to ber 8 ~q~_
Fw valw received, 1, vw w eitF~ of vs, prom~se to pay, without deialc+tion, to tM adK of FIRST fEDERAI
RSAV.~IN~GS AND IOAN ASSOCIATION OF :
~ 1 ~0 QQ ~-I~9G per annum, in enont !
FORT PIERCE a~ Fort Pierce, Fbrid~, tM iwn of { ~ with imaes~ from date at th~ rate o hly Mu1+14
~~n ~s fouoM,s: _~lb • un tM 20 t~7 day cf Janua ry , 19_l-~! ~nd a lilw sum on tM corre~adinp day of ~ach month tMr~- '
sfter vntil the whols be fully paid.
Esch installment first shall be ~pp~ied in payment of tfis intero~t ~nd the~ an tM unpaid balance of the priru~p+l svm. If def~ult b mad~ in tM
payme~t of ~ny in~tal4nem wMn due, and such defa~lf continues 30 daya, then at tM option o( tM holder, snd withaut ~ny other notice, all tM r~{nu~p
insal~menti iha11 be due and payable st once. P~ivilepe h~iven ro prepay this not~ in whole ot in part ~t ~ny time without penalty. N~ei~the~+r fo~n~bwta+es,
nw ~cceptana by th~ hold~r thercof afta any Jefauh in eny payments hereon, shall be deemed extension. A late psyrnent char~e of i~..~7!
-.VVSh~I) b~
added to each installmeM remainin~ unpaw! 7 days after ib dw dale, •snd • like sum shali be added to each such installment ran~ining unpsid 7 d~ys aih?
each succeedinp payment date.
Each maker, surey and endwaer hereof, joint~y and sevently, waives demand, presenfinent protest ar~d notict of protast fw nonp~yment, ~nd fvrtlw
ag~ees ro amr extenian of time of paymart, eithe~ beforo or after maturity, without notice to any of us; and to pay all cosb of oollecfion, intludinp ~
reasonable attorruy's fee in the event of ~ny default hereunder, and hereby ssverally waives all benefif of homestead snd eaemption under ihe wostHvtion
snd laws of each State of tM United Statei, ss against this obliyatioe a any exte~iion o? renewal herwf.
Witnet~ tM h~nd and ~sal of each party.
~U
~ • ~ ~ . t~ ` ~ 9 8M . 811 ~U
(5El?U
~ ~5? ~60 ~ s aro , ango ~
) Stat~ Revenue
~"E~~.z'w~'~`'~" 8 400 00 ~
NOW, THEREFORE, tM MORTGAGOR fw the purpose of securinp p~yment of ~aid wm of ~ • .~nd tM pKfotm~no~ of th~ .
cownsnb ~nd aprMments he?einsFter expressed. and fa diven yood ud wlwbl~ considewtions, by tMa~ pnun», does 9rant, barpai~, sell, r~mis~,
release, convey and confirm unro tM MORTGAGEE, ib iuccessors and auipns, all tMt certain bt, piece a pucel oi land, situate, lyiny, ~nd befnp ln 11»
~~~y St • T.t~r ~ A , ~nd State of Florida, d~wib~d as follaw~:
~
Lot 3, Block 130, SOUTN PO[tT ST, LUCIB, UNIT l~., according to the
plat thereof on file in Plat Book 12, Page 14, r.ublic records of
St. Lucie County, Florida
- ~ :~~~a-~"aa-0~~~-~ ~
By agreement of Mortgagor and Mortgagee on file with Mortgagee, the
within mortgage secures not only en eaistin~ indebtedness, but also
ADVANCES to be FiER~AFT~t made by Mor. tgagee to Mortgagor, the a~regate
; of which will equal the principal amount specified in the promissory
note secured hereby.
' s N STATE ~F FLORI;JA ~ p
` o= G~CUMENTARY~'::~STh M P! A X ~ - O~
~ s'' M flEPI. OF REYENUf ~ P~ENT ~ TAXES
"c ~ 5 7. 6 0~ ouE at abt ~c art~ns~e~.F ro~~ ewo~rn,
ee. - QCT-37S ` , ~tt~wwt so aw?rE~e:n•iu. ~crs oF i9~i.
= u~otr ~
~ a i aoc~ rotrius ~
C1BlK CIROUIT OOUR1. St. WC~E 00, FLA.
t .
~
~ topetFw witb all and singvlsr the tenements, hereditamen» snd ~ppwtances therwMO b~torgirg w in anywi~ apperbfnirg therNo. ~nd ~II r~nfs, itaia,
proueds and profin ~cuuiny and to accrve from s~id premises, sll of whicf~ ue indudad in tlw al~o~w and forparp dNCription and F~sb~ndum.
t TO HAVE AND TO HOID the sbow deuribed and ranted
~ Wemises vnto the s~id MORTGAGEE, itt suaessas and aupra forwv. Md th~ said
MORTGAGOR for tr` ~ i r he;n, execwon, sdministraton snd auigm, hereby covtn~nb with tF» said MORTGAGEE, itr waesson and apip%
t~'16~ are ~~~~~y of the said premises in fK simplr, that the s~m~ ue fr~e, ckar and disrlwrp~d fran all li~na ~nd ~na~n-
~ brances i~ law a in equity, u~d thst_~18~L will ~nd hein sh~ll wura~t and dtfend tM titb to tM sun~ to tM sald
a lVSORTGAGEE, iti succeuors snd ~uigna, .fwever sy~inst tM lawful claims and dem~nds of all persau;
~ PROVtDED, AtWAYS that if ~he 1NORTGAGOR shall pay unto the MORTGA6EE tM pomiaw~y not~ hereinbefose dacribed and ~hall trvly, pranptly
r~ and fully pe~form, dscMr~, e:ecut~, complete, complY with ar+d ~bide by sad~ +nd every fM stlpul~tiorn. ~rs~msnts, c~onditionr anid aov~u~b of s+id
b promiuory note ~nd of this Mortgage, thea this Mwtya~e aod the Est~te her~by veated sh~ll ceas~ snd be oull and void.
~ IT IS UNDERSTOOp that tM word "Mort whether in the i ular w
~ yayw" my P~ual anywF~. in this Mortyaye, shall b~ sinpulat H on~ onH ~nd
ihdl b~ phrnl jointly and severally if more than on~, and tFut tF+~ wwd "thev" used .~ywhen i~ tha Mony+~e ah.ll b. ak.n a m.an "h~s," "iKn"~~
~ w"its," wherever th~ co~text so implies a admits. Alw, that wherever there it a refs~a~ce in the cow~wnri and aqnamenb Mrein contsirwd b any of
tM puties h~reto, tM same ~hall b~ comirued ro mean at well u the hein. Ipal repr~s~ntatives, successors a~d ~ssipro (~itMr voluMary by ad of fh~pao
parsies a involumsry by oper~tion of rhe law) of the same u+d that tM coven~na he.e'a~ comah~ed sh+ll bind aed the benefits and dvaM~pes iiwr~'"~
~ to the rapective hein, lep~l representatives, succeuors and ui~~ns of th~ partiu F~ereto. ~
~ Md said N4ort9a~ws, fw themicires ~nd thei~ I+ein, le~+l rep~esemstiva, wccessors a~d assipra, hereby ~ointly and s~va~lly ooven~nt and a~ ~
~ to and with the s~id MORTGAGEE, its waeswrs and auiyns: M~
~ 1. To pay ~11 and sirgular the p~incipaf ud intaest and the various and svn~ky wrro of ma+eY p~Y~bl~ by virtu~ of said p~omiswry eob, and Mss ~
~ mortyaye• e+ch and every, promptly on tM dayi respettivtly tfw sam~ sev~rally becorrw due.
~ 2 To pay all and sirgulu the taxes. ~ssessms~n, I~vies, liabiliti~s, obli~tioro and encumbwrxa of wery mtwt and kind now on said daoib~d ~r.1
PropNh~, or tMt he~eafta msy be impowd, wffaed. D~+ud. Iwied, or sssessed thenon, or that hereafeer may b~ Irvi~d ot aue~s~d upa~ thit Mort~
ay~, a t}N ind~btadness satured hereby. ~~ch ud ~wry, when due and parabl~. ~awdinp b bw, befwe tMy bacan~ deiirpwm, and btfa~ am? InN~~sl
an~thes a a~ryr per?+Ity is incwred; AN~ INSOFAR AS ANY 1HEREOf IS OF RKORO THE SAME SHAII SE PROMPTIY SATISFIED AND DISCFIA{tGEp Of
~ RKORD AND THE ORIGINAL OFfIC1Al DOCUMENT (Sl1CH AS, FOR INSTANCE, THE T/U( RECEIPT OR THE SATISFACTION P/1PER OFfIC1AltY ENOORSED
OR CERTIFIED) SHALL BE PLACED IN THE MANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFfER PAYINENT; ~nd in the ~wm th~t any tha~of ts not
~ paid, sat'sfied +nd diuharged sa:d MORTGAGEE may at arryr time pay the ssme o~ +~y part thereof witlw~rt wairing w affectirg any option, IiwtS, p~ity ot
~ .iqht vndsr a by virtw of this mort9sye snd the full amount of each and ~very wch payment shal) ba immediately dw a~d payabb ~~d shall bear iMa~st
~ kom the dat~ thereof unril paid ~t r~1e o( ni~e per ce~tum per ~nnum and topefher w~th wcF~ interest iF~etl be secwed by the lien of th:s morptap~-
~u^~ ._J. e` . . ' _ . . R
P .x- 'vYc ~Y'
~ ` ~~t.~a'~.r~=~Z °~.~c,A`..~--`Y-"s ~
~ ` " ~ _ `°.r ?+~°+'k..a,*~.'~%ud.~ ~ ~ . .