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HomeMy WebLinkAbout1960 . ~ ~ 318'7~.8 S ~ ?HIS (N~ENTURE, Al1aJ~ th~ 9~1 day of ~te~r , A.D. 19s.ri~ b~twMn ; Steve W BtLl an{] Shston L_ Bull~ his ~rife . ~ ~ ~ St_ Ltlc~e - ~~~y rya~ ~~{MftK d~sipnat~d tA~ "MOR AGpR," ~1 fIRiT FE~ERAI SAVINGS AND IOAN ; ASSOCIATION Of FORT PIERCE. ~ oap«~tion orpanir~d and ~xistirq w~dM tM lavN of /M ~i St~fa d f~w~ric~ and h~vinp iri P~inclD+l pl+u of ' bwinas In tl» City of Faf Pi~ra. St. tacia County. Fhs~+., Mr~ha d~sipnat~d a~ tM '7MOR GEE." WHEREAS tM MORTt~J1GOR k hu~~Y ind~M~d b th~ MORTGAGEE G? ~M wm of ~ 27~GQ0.00 qood u+d Iwvfut nwMy of tM Unitd StuN ~dvanc~d by th~ MORTGAGEE w+to ~M 1NORTGAGOR, ~s ~vid~nud by ~ cKtajn p~ombsory na~ of ewn dan her~wi~h, of wFuch tM fdlowinp In wotds ud fipwb h~ hu~ oopy. to-wit~ ~ 27~6AA_~O ~ 1A0216~~ ~ P~. p~ October 9 19~r2 Fa v~lw nctiwd, 1, wt a~i1ha ~ w, promiN ro p~y, witha» d~f~lation, to tF+~ wda of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt PiKa. Florid~, tM swn of =~r 7• 6~ with ints?eat from du~ at tM ?~t~ of ~Z~% p~ annwn, in monthly tnatal4 ~~w.,» u foilaws: = 227.00 ~ t~ 20th ~y Novenaber , 19 75 u+d • I~k~ wm on ths co.~e~pa~d~np day of ~sd~ month th~r~- .fr~. un~sl ,A. M?ho~. b. fv11y p~id. E~ch i~ntallment fint ~MII be apptied in payme~t of tM InNnat u+d the~ on tM uepaid b~lanu of ths prlnc~p~A wm. If defwM is m~ M tM paYmen~ of any iratallm~nt wh~n dw. and wcl~ defwh continws 30 days. th~n ~t tM option of f1r hold~r. ud withovt am alwr ratiu. ~II th~ rM»inkq inslalim~nh shall b~ dw and p+yabi~ at on:y. Privii~ h qivM to pnp~y thb nob in whob or in parf ~t ~ny fim~ withovt p~n~ity. Neitha fot~bsaratK~, nor ~cceptanp by tl+~ holdN thawf ahK any d~huh in anY prym~nh hKwn, sh~ll b~ d~em~d ~x~~nsion. A late payment ch+ry~ of shall b~ added to ~ach i~sql6e»nt r~enainirg u~id 7~p ~hK ib dw d~N. and • lik~ wm sMl) be ~dd~d to ead+ such irutalirnset r~inirg uepaid 7 d~ys ~ihr exh succesd~^a P~Yme^t dat~. Each m~kes. wrcty and endw~r Mrwf, iointl~r ~nd wvsrally, w+iws d~mand, p.e~enr~nem protar and notice of p?a.sr fw n«+paym.ra. ae+d fwtl+K •y.ees to any ~xt~nsio~ of tinw of payment. eitMr b~foro a~ft~r m~twiy. without notic~ to uiy of ut: aod w pay ~II costs of cdlectan, hxludirg • reasonabk attorwey's fk tM w~nl of anr d~f~uh Mrwnd~r, u~d F~tnby s~vaally waiws sll benefit of Iw~nestead and ex~enption vrd~r th~ oomHtutioo and bws of ead+ S~~t~ of tM Unitsd St+tts, as apainat this oblipation w any ~xt~nsian or ren~w~l h~rwf. Witnas tM hand Md wal of ~sch puty. , , , s1 SteVe W. BU11 ~U ~ . . , . (SEAU ' s/ Sharon L. Bull t 41. 40 ) StaN R~wnw ~aw~.o~wntl~ «~.~rytwat++N~,1 . NOW. THEREFORE, th~ NIORTGAGOR fw th~ purpos~ of secvrt^0 WYR+Mt af ~id wm of : 27 ~ GOO.00 , u~d th~ p~rformsnoe of th~ cov.n•nn .nd ~..nann Mr.inafa. expr.sud, and fw divers pood and valwbb oonsideratiom, by thaa pn~en», do~s pr~nt, b~~in, s~il. ~~se, rekase, oonwy aod oonf'um unto tht 1NORTGAGEE, its wcusw~s and assipns, all th~t aart~in lol, pi~a~ w p~rql of land, sitwte. lyinp• and b~inp h th~ ~ ~~ty St . I.t1C ~@ and State of Fbrid+, dncrib~d u fdlows: t .:~.:a~~~ . .3~oa- ~og- oia~ ~ usE otrlXLo~` 12, Block 42, INDIAN RIVBR BSTATES, WIT 7, according to the plat thereof on file in Plat Book 10, Page 42, Public Records of St. Lucie County, . . ~ N STATE oF FL.,.O R I D A ~ cy DOCUMEN7AR~ STAMP ?A X ~ ~ - . = DEP7.OF REYEMUE ' ~ - Pd - ~r -~~5 ; . ~ 4 t 4 0_ .i . , _ .r itiot '-•5•^..' - - ~ By agreea~ent of Mortgagor and Mortgagee on file with Mortgagee, the within nortgage secures not only an ~ existing indebtedness, but also ADNANCBS to be HBRB- AFTER made by Mortgagee to Mortgagor, the aggregate of which will equal the principal anount specified ~ in the proaissory note secured hereby. RE~CEIYm J y O IN PAYMkM Of TAXES ouE on cws s iar~e~ ~sonN. e~n, Pu~r m cw~rES n•i~. ~crs of ~yn. y posm Porrw~ ~ C[~ CillOUR OOURI. Sf. tuC~E 00.. FUl topNMr with all and sirgulu th~ tanemu+ts, Mreditam~ma and ~ppurt~e~s tlwwmo belonpieg at in anywiw apputaininq M~aMO, and ~11 r~ms, istws, procMds ~nd profits aawi~g ~nd to aarw froen said premites, dl of whkh ~n inclvded in th~ abow ~nd fonpoirg d~wipfion and hrb~ndune. TO HAVE AND t0 HOLD tiM ~bov~ dewibed and yr~nt~d p~mues wNo tfw s~id MORTGAGEE, its s~+a~ssors and acipns forw~r. Md th~ s~W their i~m, herehoV cown~MS with th~ s~id NIORTGAGEE, its woo~tsors and HWRTGAGOR fa F~irs, ~x~cuton, adminiatnton and ass aripnr„ rhat thev are - a~?t~y s.w~ ot rh. s~id premiws ie fN sLnpl~s th~t th~ aanw ae fr~e, chx and d'aclw~d hom dl li~ro and ~ branc~s in law w in puity, and N»t t py wiil and their heirs ~hall w~n~rN aa! d~f~nd th~ titi~ eo th~ san» b tht saW MORTGAGEE, in s~+ccesaars ~nd ~asipru, fwwer apairot fh~ lawfvl tlairM and d~mae~ds of ~il penwrs PROVIDED. AlWAYS th~t if tiw MORTGAGOR thall p~y unto tM MORTGAGEE ti~ promawry noq haeinbefon d~wibad and sh~it trvly, promptly and fullY Ps~form, diftMr~e. ~xewt~, comPl~t~, complY with and ~bid~ bp ~ach and wuy the stipulataro. +Ws~n1s, oonditions and oov~s of Mid P~~~Y rah and of this AAwtp~ye, tl~en Nds Mortyagt and tM &f~fa Mr~by artat~d sh~ll o~ss~ and b~ rwll ~nd void. iT IS UNDERSTOOC that tM word '71AortQapor' whetM~ in tl+t sinpular or p~wsl anywl~~ b tl~ia Mortpq~, rhali b~ sLg~rlar if on~ only ~nd •MII b~ plwat joimly and ww~aily N ma~ tlwn om, and tFwt tM wad "th~ir" a wd anywh~n in this Mon~ sh+ll b~ tak~n to m~an "hi~," "M~s," w"'NS." wherwer tlw ca+text ao implia a~dmits. Aho, th~t whe~wK then M ~ nfM~eia b the oov~enants and apr~em~nb I~u~in aoMaimd to ~ny ofcro tl+~ p~rti~s Mr~% tM aarne shdl b~ cautrwd w me~n as vwll a th~ Min. bp+l npryenratiw~, wocessars and usipns (~iN~a voluntary bp ~ct of Hr~~o parti~s a i~wlunt+~Y M op~ration of th~ law) of the wne and th~t th~ cown+nb hsrein camak~! sh~ll bind a~d th~ b~fiq and advam~pa Mwr~ 7c to th~ r~spMiw I»in, bp~i npra~nt~tiws. wocessoa ~nd mTpns of tM partiu hutto. ~ ~ Md said JMort~apors, fo? therrwiws and tMir h~in,. Isp+l rprese~ativ~s, suoasson and asip% her~bY IoinNY and wvaaly ooa~nam ud aprN 1~ to and with fht ~aid MORTGAGEE. in suoaswn ~ed as~ipns: ~ 1. To piy ~II ~rd ~irgul~r th~ prineipal aa! imenq ~nd th~ variau and ~~mdry wrm af enon~y pay~ by vktw of ~ad praniswry noN. ~nd thM ~ ^artp+0~. Nch and wMy. P~~+P~h d+ri t~pe~wel~r th~ t~ sw~rdl~r bacan~ dw. 2. To p~y aq and impvl~r tM qx~s, uses~nM, Iwies. Ii~biGti~s„ oblfyatiorM and Mcwnbranqs of ~wry n~tur~ ~nd ktnd now on wid dwcrib~d WoPMY, a N+at Mnaftu mar b~ impowd, svffa~d. P~+pd, kvid, a~ewd d»non, o? th~t hae~ha m~y b~ Iwi~d a a~wswd upa~ thts Mortp~ ~ .y., w rh. ind.b+.dnas ..cur.d h.aby, .Kh and .w.y, wiwn dw .nd wr•b~.. +ccor~uw ro i~w, b.fo.. th~r becan. d.ttrqwm. .nd b.fw• .ny Inhna ~n~cFws w aryr ptnalry b intwred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SI1ME SHALL dE PROAAPTLY SATISFIEO AND DISCHARGEO Of ~ RECORD AND THE ORIGINAI OffICIAI DOCWNENi (SUCH A5, FOR INSTANCf, ?HE TAX RKEIPT OR THE SATISfACTION PMER OfFK1ALLY ENOORSED OR CERTIfIEO) SHAIL dE VIACE~ IN iHE HANDS OF SAID 11110RTGAGEE WIIHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tM ~wnt th~t any tha~of is nof paid. ~at:sfi~d and diuharyed s~7d MORTG/1GEE may at ah? Ywne p~y tl» sam~ or a~ryr part thereof without w~ivinp o~ aff~stinp aehr option, li~n, ~q~itp a •ipht vndK a by virt~ of tha mortyaQe and tFw full ~rnounf of each ard ~very such paym~M shall bt ~mn?ediat~lp dw snd payabh u+d sFwll ba? kKa~st ~rom rhe da» th~nof vntil pi~d ~t r~te of nin~ p~r centvm per ~rowrn and rop~thN w~tl+ such i~tK.s~ :hall be ~ecwed by tl+e li~n of Mis morytp~. ~~y 3J . ~ x:.. ~ - 'c _ d ~