HomeMy WebLinkAbout2491 . . -
' 319QS4
tHIS INCENTURf. M+d~ th~ 2nd day of ~CtO~ . A.O. 19_~5 b~hvNn
s~eon Adderly~, Jr. and ChaYlene S. Adder~v, his wife
~ St. L11C~~ ~p~n~y Florida, 1?a~in~hN d~siqna~ed ~s tM "MORTGAGOR." ~nd FIRST FE~ERAI SAVINGS AND LO~?N
ASSOCIATION OF FORT PtERCE, ~ corpaation orpanis~d u~d ~xii~lnp w~d~~ fM I~ws oi tM Unit~d Stat~s of Am~riu and Mvirp iq principal plac~ of
bvs'wws in tlr City d fat PiKU. S~. lvci~ County. flaida. hKelnah~ daipnat~d w th~ "MORiGAGEE."
WHEREAS tM MORTCsAGOR b ~ustir ind~bt~d b tiw MOltTGAGEE in the ~um of = 7+ g~ Qoa! a~d Iwvful mon~y of 1he United
St~t~s ~dv~nctd by IM'MORTGAGEE unto tM MORTGAGOR, ss ~vid~nced by a cauin promiuory nots oi even dat~ herswith, of whith tM tollowlnp In
wo?d~ s~d_ f~our~b ~ trw copy. ~owit: 10021621
= 7~50a: ~
~ P~~, f~~,, October 2 19 75
fp valve r~c~ived, 1, vw w eNha of us, promise ro p~y, withow dtfalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE af Fort Pierc~, Flwida, ths sum of = 7+ S~ •~0 with interest (rom date at the r~te of 9• ~ 9L pa amwn, i~ monthly instal6
mu+n ~s follows: S 77 on ths 2~thd+y of Novesber ~ ~q 7S ~ a like ium on tM correspord[np day of e~ch month tMn-
after until the whot~ be fvlly paid. -
Each iniullm~nt fint shall be applied in paymeM of ths interest u~d ~hen o~ the unpa~d bala~ce of the prindpal sum. If default h m+ds in th~
paymenf of any insbllmeM whe~ dw, u~d suth default continuet 30 days, then st the option af the holde~, and without sny other notice, all the rem~ininp
i~nullmtnn ahall be dw and p~yable at axe. Privilpt is yiren ro pnpaY this note in whot~ a in part st ~ny time withoul pe~slfy. Phither torebt+ranca,
nor aa~ptano~ by tM hotder thcreof after any default in ~oy p~ymenh hereon, sh~ll be deemed extension. A Ists psyment charyt oi 1h+11 b~
+dded to e+ch iratallmenf remaininp ~npaid 7 daya ~iter ib dw d~N. arwJ a I+ke sum ihatl be sdded to esch such insallment rsmsi~inp unpttd 7 days dter
~~ch succsedirg psym~nt d~te. .
Each m~ka, w~ety ~nd endorser he~eof, jointly and sever~ly, w~ives demand, presentmeet protest and notice of protest fw nonpayment, ~nd fwtMr
agrees to any exteaiwn of time of paymeot, either befo~~ a afte? matwity, wi~hout notke to ~ny of us; and to pay atI cosb of mllection, includ~np a
reasonable attorney i fee in the evenl oi sny defauU hereundet, and Fwreby se~erally waives all benefif of homestead and exemption undsr tM constitutioe
and laws of exh St~te of tFie United Sqtei, u against this oblipatan a u~y ~xtsnsion or renawal hereo(.
Witnets the lar~d u~d seal of each psrty.
. , s/S eon Adde~lq, Jr. ~
. cs~?q
s C arl e S. y ~
RE~?U
r $11. 25 i sat. Reve~w.
(~rwnPr ew+e~Mad ar eelpkwFnew) .
NOW. THEREFORE, ths MORTGAGOR fw th~ purpose of teaxinq payment of said win of : ~~'S~• ~ , and th~ perfwmanw of th~
coverunts snd ~greemer~b ha~inafter exp~essed, and fa diven yood ~nd valwbl~ caaide.ations, by thess presents, does yrant. barqain, s~ll, r~mise,
~elease. conwy and~pn f' untq the MORTGAGEE, iri svaeasors ~nd aai~ns, dl tMt certain lot, pieu w parcel of land, sitwt~. IYing, and beinp in th~
~ bL.~L1C1Q ~ State of Florida, d~wibed ~s follows: _
Yorth 45 feet of Lot 25 and all of Lot 26, Block 2, BLAKBLY S[JBDIVISION, according
to plat thereof recorded in Plat Book 10, Page 50, Public Records of St. Lucie
County, Rlorida, ~pp
~ o~~Y ~ y ~ .s~~ ~ ~r~c~ ~ ~ rc~~ 2
By agreeaent of Mortgagor and Mortgagee on file with
; Mortgagee, the within aortgage secuzes not only an
existing indebtedness, but also ADVANCBS to be HBRB- -
! ARTBR made by Moxtgagee to NbrtgagoY, the aggregate
, of which willQqual the principal amount specified
~ in the promissory note secured hereby.
~ .
~ ~ ~ S TATE ~ F F ~ ~
~c E ^ I .
. Q OOCUMENTARy,~=:.~STI~,V1~ I>a: ~ ~
DE. Ui REVEMUf
K ~ _ _ ( ~_r! } ~ R~E1Ym ~ S ~ iN PAYMDR OF TAIIES
;
~ - „Ci ly'75 r ~
" f~ DUE ON pASS 'C' IIITMI~IBtE rER901fA1 PfeOP~RiY.
=
o _ P.B.2- • 5; PURSWMT TO t~lA1'IER 71•~3~t. IIGTi OF 19~1. /~jl
_ NOOER rORRI~ ~
-
W.fAI( ql~!!tT OWfR. Sb WCIE 00..
tayttl+K with all ~nd sirgulu the tenements, hereditarr~nts snd appurt+nces N~ereunto belorgirg or in anywis~ ~ppertainiig tMrNO. ~nd ~I) renri. Istves„
proueds ind profits accruirq ~nd to sccrw from said premises, all of whi~ ar~ includeJ in the ~bove ~~d for~poirg dacription and iwbend~m.
TO HAVE AND iO liOlO the above describ~d and ~ranted premises unto tM s~id MORTGAGEE, ita succeuon and assiyro fonver. And th~ s~id
N10RT GOR fw thelY heirs. ~:acuton, administraton and •asigm. Mreby cov~nsnri with Hw said MORTGAGEE, its wocessors and assipn~
t~ey are
that Iswfully seiud of the ssid pr~mises in fe~ wnple: 1Mt tFk wn~ u~ free, ci~ar and d'ischarped han - sll Il~ea and ~ntw~r
~ brances in law a in equity, and tha~ they w~u «,d their ~~11 wsrrant and dsfend t!a titk b tM sarn~ to Nw saW
MORTGAGfE, its s~rceaaors u+d aasym, fo~~ver~ayaknt t!K I~wful dsims and d~maedt of sll pMOras •
~ PROVIDED, ALWAYS that if tM MORTGAGOR siwll p~y unto the MORTGAGEE th~ promissotr noh hsr~ir~befott dpcrib~d and shdl truly, promptly
•nd fully perform, diKharge, ex~cut~, compleu, compy with and ~bid~ by exh and every the stipulations, pre~nb, oaditaro u?d oovNVnn of said
~ promisswy nor~ and of this Mort9aye, tl~en this Mort~ape and tF~e Estst~ he~eby asated ~h+ll ceas~ snd be null and void.
~ IT IS UN~ERSTOOD tMt tFw wwd "Mwtq+pw" whether in the ~inpular w plwal anywher~ in this Mwfy~ye. ~hall be sirgulu if on~ anly and
~ shall b~ plwd joiMly and s~verally if mon than one. ~~d tMt fhe word "their" +s used anywher~ in this Morrpaye ahall be tak~n to ms~n "hb,•• '7wn
or 'its;' whsrevsr tFw context w in?pli~s a admits. Also, rhet wherever ther~ it a referer~ in the covenann and apr~emenb herein oontain~d ro aery of ~~I?
rhe puties hereto, the sam~ shsll be cautrued to mea~ as well as tlw hein, kyal rep~esentstive~, sucussws and astqra (eitl~ volvntary by ~ct of tM ~ w
~ parYws u bvolunury by op~?~tion of tM law) of the same and tMt the covensnts herein contained aMfl bind snd the benefits ~nd ~dvant~s irwn
~ to tM nspsctiw hein, Ipal represem~tives, wcceswrs and asi~yro of the parti~s her~ta
~ Md said M~ortyapws, fw •tMmselves a~d thci~ h~in, le9al r~present~tives, s~cc~s~on and assiQns, hereby joi~tly ud swaally carsn~m ~nd prw
to ~+d with th~ said NWRTGAGEE, its stxcessws and ~ssipns:
~ 1. To pay ~II ~nd sirgulu th~ prindpal and interest and th~ vuious and s~ndry sums of mawY psYabl~ by virtw of s~id promiswry not~, and N~ia ~
mwtyap~. ~~ch and w~ry, pramptly oo the daya r~spectiwly tM sarn~ sevtrafly bstan~ dw. ~
4. 7o pay all and sirg~l~r the faaa, usessmann, twies, liabilitia, obliyatia~s snd ~ncumbances of wtry n~hx~ and kind now on said davlb~d ~
P~~~Y, ot tMt hereahK may b~ in+posed, suH~rsd. P~+ced. Iwi~d, or awssed thc~ea~, or thN l~~aher ~r levi~d a atres~d +ipon thla Mwq-
a tFr Md~btednes~ s~cvred M~~by ~acfi and wery, whsn dw and pay~bk, acc«dieg to law, b~f«~ tMy bac«ne d~linq~ent. +~d M~~ +~Y ~
anaches a arryr pen~lty a incwred; AND INSOFAR AS ANY iHEREOF IS Of RKORD THE SAME SHAII BE PROAMTIY SATISFIEO AND DISCNARGEp Of
REGORD ANO TME OltIGINAI OfFIC1Al DOCUMENT (SUCM AS, fOR INSTAPICE, THE TAX RKEIPT OR THE SATlSFACTION PAPER OFfICIAIIY fNDORSE~
~ OR CERTIFIED) SNAII 6E PUCE~ IN THE NANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYlNENT= ~nd in tFw ~vtr?t tMt any Nwr~of is nol
pud, sat:sfied ~~d discha~9ed ta:d 1NORiGAGEE rrNy st any tfine pay the ume w ~ny put ~F+ereo( without waivinq a affecriry ~~r option, li~n, puity p
•ipht und~r w by virwe of thii morrya~e snd the full amovnt of e+ch and every wch paymem ahall be immediately dw and psyabk and shall bw intNest
~rom tM dat~ the~eof until paid at rare of nint per centum per annum a~d wyether w~th s~?ch interest shall be secvred by the lie~ ot th:s mor~tp~.
~ ~ <
: _ ~ =