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HomeMy WebLinkAbout2098 ' • 31.8804 TNIS INCENTURE, Allad~ t~n 9Lh d~y of ~t~e! A.D. 19_75~ bNwNn ~ ~ Bova R. 9leedt a widow `w T ~ ~ St . LI~Cle CpynM Flwid~, h~ninaftM dNipn+ted tM "MORIGAZ4bR." ~nd f1~ST iEDERAI SAVINGS AN~ IOAN ~ ASSOCIATION Of FORT PIERCE. ~ oapor~tion oryanis~d u~d ~xi~tiop undK tM law~ of M~ Unit~d St~ta of Mwriu and havirg it~ principal plau of ? bwir~s In th~ pfr of FoA Piarct, St. tuci~ Couety. Fbrida, Iwi~inah~r daipn~td ~s tM "MORTGAGEE.•• WHEREAS tM MORTGAGOR b~atly k~d~o»d b tM MORTGAGEE in 1h~ ~w~n of = 30.1~~• ~ , yood u+d lawfvl mon~y of tha UniNd ~ St~tN ~dvanc~d by th~ MORTGAGEE w+~o tM MORTGAGOR, a~vid~ncsd by • cKt~ie promissory nwe of ~v~n daN her~wi?,ti, of which tM followinp in worda ud f wy is ~ trw copy. fo-wit: ' ~ ~ 30,~.00 ~ 10021635 F,,, P~.. F~.~,. October 9 ~y 75 fa vatw riuiv~d, 1, vw or ~itlw of ui, promiie to pay, without dtf~It~tion, to th~ wde~ of f~RST FEDERAI SAVIN(s~. ANO LOAN ASSOCIA110N OF 4- ~ ~ FORT PIERCE a1 Fpt PiNa. Fbrida tM ~um of i 3Ot~~•0O with iMae~1 irom d~t~ at tM ute d~ 8•7~i pK H+nwn, i~ ~nt~lyTinaNlb m~nts u follows: = 376.~0 ~ t~ Z~t~1 ~y of Noveaber 19 7S and a lik~ sum on tM cwnspa~dinp day of ~ach month tF+Kr a(ttr ~ntil the who4 b~ fvlly paid. . ~ . Each iraulfinent fint sh~il bs ~pplisd in payment of tM i~taeat ~nd then on the unpsid batance of tha prinNp~l tun?. If dsfauh is en~d~ h tM payment of a~y instailment whe~ dw, and wch def~vlt continves 30 days, then ~t ths option of tM holder, ~nd without any other notice, all the r~maininy inu~ltrt~nts shaU ~e dw and payabl~ at oau, Privilp~ h yivtn to ptepay thb ~wt~ ia whd~ oa in par~ at'~ny Y~me without pen~lry. Neitixr forab~u~ce, nq~ ~'cceW+nn bY th. hotd.r tMrw~ airet any def.ult ie~ ~r?1r. P~r~Ms Iweoe~. ~MII b.. deemed ~~Oens~on. A 1•ro p.ymem charp. of ~:AA. ~I+ail• b~ ~dd~d M e~ch Lutailment rem~iefnp unpaid 7 d~ps aftK iM du~ dat~, u~d a like wm sMll bs sdded ro e+ch such init~llment r~ininp ~NpaM 7 d~ya aflK eath ara~edinp p~rnxot date. E+ch maka, wrory and endorser Mreof, iointly and severally, waivd dema~d, presentment protest ~nd notiu of protest for ranpayment, and furthtt agraes ro~~ eatension of time of payma+t, eirher bafor~ a aftN mawrity, without notKe to any of ~i;. ~nd ro p+y ell costs of rnllectan, includirq a reaw~abk attwney i fee in the ~vcm of sny de(ault herwnde~, ~nd heraby teverally wsives all benefit of homesfead and exemptan under tlw corafitution and brvs of each State of tFw United States, ai ay~inyt this obliQation a ~ny ext~nsion w renewal hereof. _ r Wi!ness tFw hand snd seal of esch puty. X~,.w.~.r,rv..~ 1 C.~ lt• • . ~ R~?U ~ S/ Eaaa R. Sneed, a widow ~u ~ _ cs~,?U ~ $45.00 ~ l~~W 1 St~t~ Rwawe ~ NOW, THEREFORE, ths MORTGAGOR fw ths purposs of securinp paymeM of ssid sum of = 3O • „ and the perforrnance of th~ omr~nanls u~d ~ema+b ht~ein~h~r ~xpressed, md for ~ven f apr 9oa! ~nd valwbl~ consider~tio~s, by tMae praants, does pr~nt, bsryain, setl, nmise, releas~, conwy snd confirm unw tM MORTGAGEE, its avcusw.s ~nd auipna, ell th~t oen~in bt, pieu or parcel of land, sitvaa, lyin~, and beinp tn th~ ~~ry ~ St . LUCle ~nd Stat~ of Fbrid~, deurib~d follows: ` " ! F Lot 10, Block 4, ?HUMB POINT, as per plat thereof on file in Plat Book 10, page ~9 of the public records of St. Lucie County, Rlorida. ApppA~ce- ~ ~y~1 ~c~s•~C? ~r - ~ : By agree~ent of Mortyagos and Mortgayee on file with Mortgaq~e, the Mithin aortgaqe secures not only an existing indabtedness, but also ADVANCES to be HERfiAFTBR aadQ by Mortgagee to Mortgagor, the aygzegat¢ of which will equal tde principal asount specified in the prosissory note secured hereby. ; ~ QE tAX I . . b o ~M~it ~E~~t. ~l1 e~ t,,,L RR~ i ST~.T E ~F F L~ R ~ ~ A ~ ( o ~.~~''s ~ ,y"' ; `D DOLUMEN?P_.RY~~="~. _STAMP T ta i. ~ ~ ~ ~ ~~lFD~'~ ~y~E~'1~ ~_.~.ag ~p, Ft~'' - ' °c--+ JE~i. ~JF REVENUE f "":y ~ ~ p~••- _ = ocT i~•is~~ 4 5. ~ 0 1 c~~ tio y~, vx~E ~ P.B. ' y~ • ~ a = ~ltc~2 ~ ~~K Ct~ : ropttFwr with ~ll and sing~lar tM t~ne~ntnb. Mr~ditam~nts ~nd ~ppurtantes therevMO b~lorgirg or in anywit~ ~ppertainirg M~er~fo, u~d all ~ta, itawa, proce~ds and profiri aw~inp and to acvu~ from said pnmises, all of whid~ u~ induded in the abov~ ~+d fore9oinp d~wiption and Iwbendw~~. TO HAVE AND TO HOID th~ above described a~d pra~ted premis~s unto th~ aid MORTGAGEE, its suaeswn and auipns forwu. Md the Mfd N~ORTGAGOR fa he r hein, ~xecvton, administntors and ~uiyns, hereby cowiwnts with the saW MORTGAGEE, ita w~oces~o~s and assipns, rh~t Sile 1S Iswfully sei:ed of eFM said premiws in fN simpl~: tlwt tl» same ~r~ hK, cbar and dhclrrped fran dl li~m ~nd N+axo- brances in law a in equity, and tha* She will and he! heirs sFwll wursnt and d~I~nd tM titb to th~ aanw b th~ ssld MORTGAGEE, i» wcussws and usiprq, forwer apsiiat the lawful cbGm u+d demands of dl perwmt PROVIOE~, AlWAYS th~t if tM MORTGAGOR ah~ll p~y unto the MORTGAGEE tM ptomiswry oot~ her~inbefw~ dascrib~d and sh~ll huly, promptly and fully perfwm, diuhar~e, exewt~, compl~t~, comply with and ~bide by ~sch and w~ry tlr stipulal'ans, apr~sm~nn, oonditloro ~nd oow~anb of ~aid promiswry rat~ and of this Mwtyaps, th~n this Mortyay~ ~nd tM Eatat~ h~r~by u~ated s!u(I uas~ and M null u~d void. IT IS UNDERSTOOD that the word "Mort~~por' whethe~ in th~ sirgulu or plwal anywMn in this Mat9pe. ~hall be i~npulx ff on~ only ud sh~ll be plvrd iointly snd wveraly H mon thsn one, and that tM word "theh" ~s wed anywMre In this AAortq~ sMll b~ taken to m~an "hi~,•••'Mn,•, o w"its," whsrever tM context w impli~s w~dmits. Abo, thst wherever ther~ b a r~f~rence In the aoven~nb and ap?~ements Mreie com~h»d to ~ny of ~ the parties Mre% t!w sunt sh+ll b~ construed to mean a well a tM Mirs. le~al rp~ewntatiwt, suaasws u~d ~uipm (~Nhsr voluntary b~r ad ot the partia or irwolunury bp opNation of ths law) of th~ same and that th~ cown~nn her~in comainsd shall bind and th~ b~nefits uid adv~ntap~s kwr~ N to tM nspoctiw h~in, leqal ~ep~esentativ~s, wa~ssws ~nd us~qea of tM partas ha~ta ~ Md said Martqspon, for ti~emstlwt and their Mirs, I~p~l reprtsentativ~s, s~cc~ssors and auipnt, fror~by joiMh ~nd wvaalfy ooveMnt snd prN ~o ~nd with th~ ~aid MORTGAGEE, in wcc~awn ~nd assipro: . 1. To p~y all and sinpul~r th~ p~inapal and interen a~d tlu v~ria» ~nd sundry wrm of morwy psYable by vhtw of aid promisswy note, and tNs ~y matyape, wth and ~wrY. promptly on t!r d~ resp~ttir~ly tFr sarrw s~wrally b~corm dw. 4. To pay all and wgulsr tM t~xes, ast~surnnb. Iwia, tiabilities, obligatioru and enarmbranc~s of ~wry n~tw~ and kind now on said d~w~»d P~~h, ot Nwt her~~ft~r m~y b~ wnpos~d. suffend, plaad. Iwied, w+~ses~ed tM~~on, a that Mre~ha may b~ Iwi~d a aswsMd upon tF~ Mor1~ ap~, a tM indebtednns satvr~d h~rtbY, wth ~nd w~ry, w!»n dw and p~yaW~. ~tcordirp w lavr. b~fore thtp bscome d~linqwm, ~nd be(w~ any Ir~ut •ttachea w any penalty is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORD 1HE SAME SHAtI SE PROMPTLY SATISFIEO AN~ DISCHARGEO OF RKORD AND THE ORIGINAL OfflCtAt DOCWNENT (SUCN AS, FOR INSTANCE, THE TAX RKEIPI OR THE SATISFACTION PAPER OffIC1AlLY ENOORSE~ ~ OR CERTIfIED) SHllll dE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTj and i~? 1M ~wnt tMt aoy fFwr~of b ~w1 psid, ~at"ifi~d ~nd disch~rged sa:d MORTGAGEE may a~ any tirrw p~y th~ aame or any pan thereof without w~irinp a af(ectinp any option, lie~, eqvity a •~qM u~dar a by virt~e of tfiis mort9aye u~d the full amarnt of e~ch ~nd evcry ivch payment shall ba immediately due u+d p~yable +~d shall beu inhr~st ~ ~.om tl+e d~te thereof until paid at rate of nine pe? centum per ~nnum ~nd toyether with such intereit shall bt setured by the lien of th:i motptay~. - ~ .b . • - ~ ~ - - - - - - _ _ _ - . ~ w-''-.}•,v'.~` ~u~«_~ ~ _..ix~yk n'~v'^as ~q~ k .Y ~ b Y ~ ~-+s J:~' . _ _ _ .