HomeMy WebLinkAbout0415 ' 319f 33 ~ ~
TH{S INDENTURE, AA~d~ ?I+~ 22nd d.y of Oclober ~ 19_75__
John K. Gates and Laura C~ Gates~_~h~s wife
• 1 I
~ St. Luc e ~,,,,~y rt~;d,, i,,,.~„~,.~ ,~~y„ar.d a. d+. •~MORTGAGOR; •.~a FiasT fEOERAI SAVINGS AN~ ~o~w
/ISSOG1AT10N OF fORT PIERCE, ~ owpa~tion o~pani~d w~d ~xbtG+p w?dK IM I~w~ d th~ Unit~d 51at~~ of Artwrka ~nd h~vir~p Ms printipai placa of ~
bu~w M tM Gty d FoA PiKa. St. luch County. fbrida. MniMh~r dNipMt~d a~ tM "MORTGAGEE."
WFiEREAS tM MORTGAGOR i~ iustly indtW~d w th~ N101tTGAGEE in Nw suen of = 22 , 000. OO , y~~ ~ I~wtui moMy o1 tM United
Stat~s sdvanad by tM MORTGACsEE u~to th~ MORTGAGOR, u~vWa~ud by • ct~t~in Prom~s~wY eat~ of ~v~n d+b Mr~witly of which tM iollowinp in
wor~ aod fipw~s is a t~w oopY. ~o-wit:
~ 22.000.00 10021660
~ P~. F~~ OctobeY 22, 1975 ;
4
Fa value nctiwd. 1, we or ~ith~r of us, promis~ 1o p+y, without d~falc~tian, to 1M orde~ of FIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE a1 forf Pi~ra. Florida, tM sum of ~22 with interes~ irom d~te ~t tM ~~t~ of9•259L pe~ +rwu~ in mo^thly iroul4
meots u follows: ~ 202.00 ~ t~ 20th~y of Dece~ber 19 7S u~d a lib ~um on ths corrsspaidinp day of ~ad? month thKr
atter unlil the wF~ol~ b~ fvlly paid.
Each insr~llrrNnt first sh~ll b~ appii~d in p~yment of tM ir?t~rest and then on th~ unpaid b~lance of the p~indpsl wm. If d~favit 4 m+d~ In tM
paYment of a~y installmMt wMn dw, and ~xh de(avh cont~nws 30 d~yf„ th~n ~t the optio~ of ths hold~r. and without any other notice. ~II ths r~{ninp
~~st~llm~nts shall bs due and p+yabfs onc~. Privila9e is ~ivsn to pnp+Y tha note in whob or in part ~t ~ny Y~ without p~~+ity. PhitMr fonMaranc+.
nor aaeptu?c~ by tMe hoid~r th~rwf ~ft~r any defautt in anY paym~nn I+erwn. ih+ll b~ de«nd ~xrKUioe. A t•n paymem cl+.r~ of ~lO. 10~ ~I ~
added to e+ch tmtallm~ent rsm+lninp unp+id 7 days aftp its du~ daN, and a lik~ wm shsil bs ~dd~d to e~ch wch installrn~nt r~mainkg vnpaid 7 days affK
e+ch wcceedLg P+Yment dat~.
Each m+k~r. :wety u~d ee+dorser hareof, jointly snd thwally, w~ivn demand, presentment proteat and notiu of prolest for ranpaYme++t. and fwtl+K
agrees to any extension of tims of paymsnt, dtha befae or ~h~r matwiry, without notks to any of vs; and to paY d~ cosb of ooilection, ie+cl~d'iep a
reason+bk attorney's fee in the we~t of any defauk h~?w~+da, u~d he~sbY sever~lly waives all bs~efit of homestesd and exemptan und~ ths oonstitution
and laws of each Sut~ of th~ Unit~d Sut~s, as paimt tF~is oblpatfon ot ~ny ext~nsart or renewal her~of.
Witnsss the lwad ~nd s~al of ssch p+rtY. '
~ s/ John K. Gates ~
. - . . . ~ ' (SE~?U
s t,aura C. Gates ~
lSE~U
~ $33.00 , ~.r. Rr,.,w.
-tsr+mp~'anaN~deRVr+ytn~l~+an 22 000 00
NOW. THEREFORE, tM MORTGAGOR fw tlw pu~pw~ of wswlnp paym~nt o~ saW awn of ~ ~ • .+~d ~ P~a^'K'« °f ~
covM+on and apre~m~nts hKtin~ftN ~xpressed. and for divars ~ood and v~lwbl~ oaaidnatiaa„ by thes~ pres~ms. does ~aM, barpain, seil, ramis~,
.eleese, conw~r u+~ oonf'ym w?~o tFw MORTGAGEE; its s~cassors and ~ssipns, all tMt asrt~in lot, piec~ or p+rul of ~+nd. sito+t~, lyug, ~d b~inp In th~
Counfy of bt. Lt1C1@ and Stah of Fbrfda. d„crib~d +s fdlowr.
North 122 feet of West 100 feet of the South 202 feet of Lot 19, Block 4,
PIN6W~OOD SUBDIVISION, as per plat thereof on file in Plat Book 5, page 24,
of the public records of St. Lucie County,. Florida.
.~p.~s~s .•~~//5' ~i 4/ 003~- D DO f
USE ONLY ~ '
By agYeement of Mortgagor and Mortgagee on file
' with Mortgagee, the v~ithin nort9age secures not
only an existing indebtedness, but also ADVANCBS
~ to be HBRBARTfiR aade by Mortgagee to Mortgagor,
~ the aggregate of which will equal the principal
~ amount specified in the promissory note secured
~ hereby.
~ ~ ~ STA'~E ~F` FLORIDA ~
~:Z OOCUMENTtaRY; STA M P r l', X i O~ pp1?1i1ENf OP TAIIES
UEPT. Oi REY~NLE '
~<4 ~ * ~
~ ~ MITMIYIWF
~ p& = 3Ct 23'TS 3 3. ~ 0~ ~~p qy1pTER T1-334. 11~TS Of 19I1.
: ~ - ~ „o~, Po,~a m
o ~ i~~nz - '.z.
~ ~y( q1l0UfT COIN~ SL IAK~E a, ~
ro~tFwr with all and sirgular th~ bnem~nn. haedit+ments and app~xtanas th~revnto 6~lonyirg w in anywiN spp~rtifnirg 1Mnw, and dl rMM, bwa.
proceeds and profin acavinp snd to aacrw from ssid premises, d! of whW~ ~n indoded in th~ abaw and for~poinp dncription ~rd h~b~ndum.
TO HAVE AND TQ HQ~D ths ~bow daaibed and pranted premi~a ur?to tF~ said MORTGAG~. its wa~sw?s ~ed ~tsipns forewa Md t!N s~W
MORTGAGOR for th@lY FKin. ~xecuton, administraton and aaiyns, ha~bY oov~^+nn with tM s~id MORTGAGEE, in woo~tias and aaipes.
rhat theY aze lawFully s~iud of th~ wid premis~s in fN s.npl~s th~t th~ aam~ u~ fra, cleu and dt~chsr~d fran atl tiaa and ~ncwir
banc~s in law w&~ pwty, end Hvt th@Y vrill ~nd thelt hein sha{I wu?aM and d~fN+d tM titM to th~ s~erN ro tht iaid
MORTGAGEE, i~s wuessors ~nd s~sipro, for~ver +paa~st the I~wtvt d~im ai+d d~m~ of a11 perwmt
PROVIDED. ALWAYS th~t if th~ MORTGAGOR shall p~y unto tF~e MORTGACsEE the p~omiuory noN heriu~b~fw~ dacrib~d aw! sh+ll truly, pranply
~ and fu11Y PKfwm. diuh~ry~. ~xecvt~, oomPltt~, complY with and abid~ by sacl~ and tvary tht ~tipulation~. aprNrtnnts, conditiom and oov~nants of ~sid
~ promissory rat~ u~d of this Mortp+p~, then thb Mwtyap~ and ths 6tate hu~by vut~d shdl asa» ~nd M null and void.
~ IT IS UNDERSTOOD that tM word "A~orep+yor' wheti~ in th~ si^qular o~ plwsl anywh~r~ ia this Matyay~, shaN b~ s&~pular N a» aely and O~
shall be plw~t iointly ~nd a~vK~py ff mon than ont, and tlwt tM word "their" a wad aoywlwr~ in thia Mwtpa~ sMtl b~ aken to mean "his," "Mn„" -}~s~
~ o. "in." wharever th~ cont~xt w implies w admits. Abo, that wi~erever then b a rtfaenu in th~ aove~u+ts and ~~urwnts harein oontsimd to a~y of ~
~ rhe pa.ties her~to, the s+en~ sh~ll b~ coiutrued to mew+ as vwll ~s tF» Fwira. lpal rpras~ntatiws, wooessws ~nd usi~~s (~Nhsi volumary bp ad of tM
pmi~s w&wdunt+rY b'Y opNatio~ of th~ law) of tM swn~ ~nd that tM cov~n+nn hKe&~ com~k~ed sh~ll bind ~nd ttw b~wfits and advamapu irwn ~
~ ro tF+~ reap~ctiw h~:n. Ipal npesenbtiws, tucaeswn aid ai~yr?s of tir p~rti~s I~tta
Md s~id Mortysyw~, for tMmselws u~d tMk hws. Isy+l r~prtsMtatives, wocRSSOn and assipra, hsrsby iointFy ~nd seva~lly oov~wN aed +prN ~
~o and wi~h tlw wid MORTGAGEE, i» svu~swrs and ~ss~pns:
1. To pay all and sinpular Hw princip~l and imue~t ~nd th~ v~rious ~nd wndry wms of momy payabN by virtw of s~W promiuory notl, and this
matp+9e. ~ ~nd w~y. P~~P~h d~ri ~~+PM~Y tM samt Nv~~dlp b~can~ dw.
2~To pay all ud Nnpvtar th~ ta:~s, assavna+ts. ~wta. liabilities, oblipatiaa and ~ncwnbranus d wsry natw~ +nd kind no+~? ae s+id daa?tb~d ~
P~~h~• ar that I+Neah~r m~y M impa~d, wffa~d. P~aad. Iwied, o~ ~a~sNd thsnon. a th~t Mrs~fter may b~ fwi~d or aaasd upon ti~k Mar1~ ~
a~, w tlw M+d~M~dnas s~cvred htr~by. ~+d~ and w~rY, wh~n dw ~nd piyabk, aawd'u~p w law, befoa Nry b~tomt ddlnqwnt, and befon an~? ht~tMt
~
sttaches or aMr penalry is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORO THE SAME SFIAII SE VROMPTIY SATISFIED AND DISCHARGED OF
RKORO AI~W THE ORIGiNAL OFfIC1Al DOCWNENT (SIKH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SA?ISF/1CTION PAPER OFfICU1LLY ENDORSE~
OR CERTIFIEO) SHAII bE PIACE~ IN THE HANDS Of SAIO NWRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM tl~at ~ny fF~u~of i~ no1
~ paid, ut:sfied and dischuy~d s+id MORTGAGEE may ~t any time pay th~ sam~ or ~r p+rt therwf without waivinp or affactiny ~ny option, li~n, p~ity a
•iqht undK or by virtw of this mortyaye and the full aRa~nt of each and •~e.y wct~ wrm.~r sh+~~ b. t~edNr•i~ dw .r~d oayab~. aod •han b... tma.a
~rom the datt th~r~of u~til paid at rate of nir» per centum pe~ anrwm and wpether with wch inqrnt sMll be ~ecwed by tht lien of th:s nar{~ta~.
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