HomeMy WebLinkAbout2286 ' 318~2,,9 l~
THIS INOENiURE, Ma~M tF~~ l~Lh ~y of _ OCtObe! A.D. 19
75 „ b~tvwM
Blizabeth ?i~ey, a widow, also otim as sa . neq,
_ y-_ _
of St .~.LICl@ Cow+ty Flot~, hK~In~fi~r deslpn+ted a th~ "MORTGAGOR;' ~nd FIRST FEOERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE. • oapor~tion orpu~ised Md exu~i~p ~ tJw law~ of tM Uniqd St~ta of Anwiu and Mvir+p in prl~cipal plau of
bwirKU In tM CIry of Wrt PiKU. St. LucM Co~nty. FIorW~, Mn{nahM daSpn~qd a tM "MORTGAGEE." F
WHEREAS tM MORTG/1GOR it (wtly iMiebt~d to tlw MORTGAGEE in /M sum of = 6.~~~ yood ~~d lawf~l ma+ey of tM United ~
States adwnc~d by ths MORTGAGEE unto tM MORTGAGOR, ~s ~vidtnced by ! n.taln oromissory ~ot~ of even dat~ h~r~with, 01 which th~ iollowinp in ~
w«ds u~d fipurq is ~ rrw copY, fo'wit:
= 6 .000. 00 ~,~,10021641 ~
~ ~ P~.~.. f~b,. October 10 19~~ ~
Fa value recav~d, I, w~ or ~itMr of u~, promis~ to p~y, withoW defalcation, to ths order of FIRST iEDERAI SAVINGS AND LOAN ASSOCIATION OF
fORT PIERCE at Fo~t Piau, Fbrida, th~ svm of = 6 s • O0 with in~e.eit irom d~t~ at tM r~le of 9 % pM annum, in monthly irot~l4
ments a follows: i an tM 2OL~1 ~Y of Nove~ber 19 75 and • lilu sum on the cwre~pa+dinp day of ~ad+ month there-
atter until tFK whole b~ fully paid.
Each insullm~nt first ihall b~ applied in paymcM of tl+~ iotwest ~nd then on ths unpaid babncs of ~he princ~p~l sum. If defwk ts m~ in ths
payment of any iniqllmeM when dw, and uxh d~fault continws 30 day~„ th~n at th~ optron of tha hotde~, ~od wi~hout ~ny other ratice. ~II th~ ran~Minp
~nstallments sh~ll be due and psyabk st onc~. Priviley~ is ~iven to pr~Y thti eot~ in whol~ or in part ~t any Yune witho~t penalty. Neith~? fwebear~nce,
nw accept~nq by tM hold~r thereof afte~ soy c{af~ult in a~Y p~ym~r?t~ lxrwn, ihall b~ de~med sxtens;a+. A lat~ peyment cha~pe of ~ 2• 7O
_ shdl b~
added to ~ach installment remaininp unpaid 7 days sft~r ib dw d~f~. u~d ~ like sum sMll be added to each wch insqllment remainin~ unpaid 7 d~ys ~h~r
esch succeedinp payment date.
Each make?, surety and endass~ hereof, jointly ar+d sever~lly, waives demand, presentment protest and notice of p~otest fw ranpayment, and furth~r
ag~ees to ~ny extensan of Ywne of payme~t, eithe~ befor~ w after m~twity, without notKe to s~y of us; ~nd to pay all costs of collection, includinp •
reasonabk attorney i fee in the avent of a~y default hereunder, ~nd hereby severally waives ~II benefit of Fw~neste+d and exemption ~nde~ the oomtitutfon
and laws of each St~te of th~ United States, as apsinit this obli9ation or any ~xtension or reaewal hereof.
Witness ~hs hand and ssal of each psrty. ~ , , _
~ R~?U
' ~ S/ Blizabeth Tianev~ a widaw~q
~ also lmoxn as Elisabeth G.
~ ~ ~ Tinney ~
~ s9 . oo ; s,.~ a.~. ~~oZ ! - ~~l • ~~'(c - C~'%'
NOW, THEREFORE, ths 1WORTGAGOR fw th~ pvrpos~ of ~ecvrinp payinent of ~aid wm of i 6~~~' ~ - and tM perform~nc~ of th~
co,nMnts and ayr~emenb hersinafter ~xpressed, and fa ~ve~s ~ood ~nd v~lwble conside~atio~s, by th~se presents, dots yrant, bar~ain, ull, remise,
releaie, coowy and confirm unro the MORTGAGEE„ its succeswra and atsiyns ~11 tlwf u~t~in bt, pi~o~ w puod of land, situat~, lyinp, and beinp in tM !
St . ~.L~ ie a~d St,r• of florid~, desvib~d .s followa:
Lot 6, Block 1, and tbe -West 10 feet of Lot 7, Block 1, of MARAVILLA
GOLF PAItK~ as per plat thereof on file in Plat Book 5, at page 43 of f
the public iecords of SL. i~•=ip munty, Florida,
By agreeoent of Mortgagoz and Mortgagee on file with Mortgagee, the within
vortgage secur¢s not only an existing indebtednesa, but alao ADVANCES to b¢
HEREAFTER oade by Mostgagee to Mortgagor, the aggreyate of which will equal
the principal amount specified in the prwaissozy note secured hereby.
~n
' _ STATE
i DOCUMENIARY~~L'ORIrJf~ I
Q' nE?-i_;~F STbMP ?r,~- I
~ 4EYEN!!E ~ y:~ - - - .
€ = P~ _ xt,s.~s O ~ ~ ~--o G ~ rirr~~~~rr aF ~~~s
6 = t,LZ' t ti O~. O ~ WC ~ wV ~~nn~A~C rcnaY~v1L r~R/r[.~f~~ ~
~ ~ NRSUAMT TO GIA?fER Tl•134. 1CTS OF 1911. ~
. ~ m`~
~ CL9IX CIUCIIR OOYIIT. ST. LUCIE 00, FUl
~ ~
~
together with atl and sinpular tM teneme.^.!~ !r?~itamenb and appurtaraes therevnto b~brpirg w In aaywis~ ~pps?tai~irg thar~ro, and ~II r~nts„ inw~, j
p.oueds and profin aaruing and to accrw from said premises, dl of which u~ included in tiw ~bow and fapoirg discripYan aod I~abendum. 1
TO HAVE AND TO HOI~ the abow described and yr~ntd premi~s unto th~ saW MORTGAGEE, ifs wocessas and aaipns for~v~r. Md tM raW ~
MORTGAGOR for her hein, exeaitws, edministraton and augnt, hereby oovenanb with tl~e taid MORTGAGEE, its woassors and psfpnt,
rhat ShE is lawfully seized of tM s~td pr~ma~s in fe~ umplr, tMt tM sams ue fne, cl~ar and dischuped from ~II lisrn ~nd ~ncw~?
~
~ brsnces in law w in equity. and th~t~e will a~t! be= htin shall wu~ant ~nd def~nd tlw titM to tM sam~ b th~ stid
MORTGAGEE, in successors and assigro, fwtver ~ysir»t ti» lawful claims and demands of ~I) persoro;
~ PROVIDED, AtWAYS that if the MORTGAGOR ahall pay unro th~ MORTGAGEE tiw promissory not~ haeinbsfore d~scribed and sFull tnily, promptly
~ and fully perform, dFSdur~, execut~, compl~te, comply with s~+d abid~ by each and ~very t!w stipulatio~n, apre~+n, conditioro and ooven~nb of wid
pramiuwy not~ and of thn Mortyape, then this Mwtpapt and tM btate hsreby aeated sFwll aasa ~nd b~ nuil and void.
~ IT IS UNDERSTOOD tMt tM word "Mwtyayw" whether in tl+e sirgular a plwd anywher~ in this Mortype, ahall b~ sinp~lar if on~ only and
~ sh~ll b~ pk,r~{ iointly ud sw~rdly if mon than one, and that the word "th~ir' a used anywMre in this Maty+p~ ~h+ll b~ aken to mean "hu," "h~n,•• wd
h w"in:' wherever tFw oontext w implies a sdmits. Al~o, that wMrevar there is s r~fe~ena in tM wwnanb and p?esa~e~ts twrein oorMaiMd to ~ryr oF
~ rhe pwttes herefo, tM sarne sMll be caatrued ro mean as wdl p th~ heirs, Ip~l representatives, waKwn and aaipns (eiNN? vduntMr by sct of th~
~ Psniet w Involvntary bp op~ration of the law) of the sarne and that tM covanams herein oo~tai~ed ~II bind ~rd ttw kHnefib and advamay~s Inwt
•o the ryp~ctiw M"ws, lepal r~p?esent~tives, succeuws ~nd ~u?yns of tM pani~s I+W~ta
~ Md ~aid Mortpapon, fa tMms~lves and tMN Mks. I~yal r~pr~s~ntatives, auccesson ard assipro, hereby jdnty and s~verally cown~nt ard ay~N
ro ~nd with the s~id MORTGAGEE, its suaeswrs ~ed auigns:
1. To pay dl and sinp~lar Nw princip~l and int~rest ~nd th~ vario~rs and wndry wms of mon~y psYable by virtw of said promi~sary not~. ~nd Mis ~
~ mwty+pe, each and ~v~ry. PranP?N on th~ days r~spectively th~ san+e wwraly b~corew due.
2. To p~y ~II and sinpuln th~ t~x~s. ass~swnenq. I~vies. IiabUitia, oblipations and N+curnbrae~ps d tvery natun ~nd kind now on said dnctib~d
P?opKtY, or tMt IM/NHK may b~ impw~el, wffa~d. P~aead, kvi~d, a~a~ss~d tFknon. a that her~aftw may M Iwied a~ua~ed upon tN~ Mwtp~
~ • a tl» kidebt~st secw~d Mr ~
, ebY. ~ach snd wery, wMn dw ~nd p~y~bb, auordirg to law, b~for~ thty bstan~ d~linqwnt, aod b~fon any iM~r~N
att~chts w any penalry is intutred; AND INSOFAR AS AMf THEREOf IS OF RKORD THE SI1AllE SNALI dE PROMVTLY SATISFIED AND DISCHARGEp OF
RECORD ANO THE ORIGINAL OFfIC1At DOCUMENT (Sl1CH AS, FOR INSTANCF, THE tAX RECEIPi OR THE SATISFACTION PAPER OfFIC1AlLY ENOORSED
~ OR CERTIfIEO) SMAII dE PUCEO IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NfXi AfTER PAYMENT; atd in the ~veM that a?y tFMr~of h no1
~ pa~d, sat'sfied and diuhar9ed u:d MORTGAGEE may at any Nme pay the same w u~y p~n thereof withow waivirg a ~flectirg aMr option, lien, equiryr w
~~aht under w by virtue of thii morr9a~e a~+d the full amount of escl~ and every wch payment ihall b~ irnmediately dw ar~d payablt ~nd shall btsr int~rest
~.om the date tF~ereof vntil p~id at r~te of nine per untum per annum ~~d topethet with s~th interest ~hall be setwed by the lien of th:s morytp~.
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