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HomeMy WebLinkAbout0615 r~'.~~~p b ; . . ~ I ~~7~.i+~7 ~ ~7~ i. THIS INDENTURE, M+ci~ th~_ 7th dal~ of Octobes ' 'A.6. 19 '~S b~tw~en p~ 5. Gaskell and Audrey Gaskell~ h s e _ of St. LYC~~ , Counly fbrid+, het~in~ftK dtsipn+ied ~M "MORTGAGOR;' ~~d fIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE, a corpaatio~ orpu+is~d ~nd ~xipinp 4nd~? tM I~ws oi the Unit~d Staaf of Am~rka and h~vlnp ft4 p~inclpal pl~c~ of bus~Mts in tM CUy af fon PiKC~. St. luci~ County, florida. hH~inah~r de~i~nat~d a~ IF+s "MQRTCAGEE:~ WHEREAS t!?~ MORTGAGOR is j~ntly ino~bted ~o the MORTGAGEE in the ~um of t d~~' pood and lawful money oi the Un~ted Srates advanced by ~hs MOitTGAGEE un~o tM MORTGAGOR, as ~videnced by a certai~ promissay note of even date Aerewith, of whith tM followiny i~ word~ and fipurN is a t~w copy, towit: ~130~1~ _ ~ F~O ~ fwt Pi~rc~. Florid+. ~C~A~r 7 1975 i fw vatue retcived, I, we or eithsr of us, promise to y, without defalca~ion, +o ths order of FIRST FEDERAL SAVINGSS AND LOAN ASSOCIATION OF ~ORT PIERCE af fort Pierce, Fbrida, the sum of s w~th in~a~e ~(rom date N the ~ate of 8'77G per annum, in monlhty insl~l4 ~:,er,rs a~ fol:ows: i?44•~ on the ~tb day of Jaanary 19 and • lilu sum on the ca?esp«~d~np day of each month th~?r after unti) the whole be fully paid. Each instatlment tirst ihall be applfed in pay~nent of ths intcresl and thcn on the unpa~d bal~nce of the principsl wm. If def~~h is m~d~ in th~ F aymem of any insta~lmen~ whe~ dve, a~d wch defauh continuei 30 days, then at the opt~on of the holder, and without ~ny othm notice, all the remstniny ~nsta~tments shall be due and payable at once. Prrvilepe is yiven to prepay thii rate in whole t. in part +t any time without pen~lty. Neitha faebsar+nte, nu attep~ante by tht holder thereof sfter any default in any•payments heteon, shall be deemed extension. A Iate p~yment char~e of ~11 b~ added ~o each insrallment remaininy unpaid 7 days after its dw date, and a like sum shall be added to eath such installment remaining unpaid 7 days ~fter each tutceeding payment date. ' Each maktr, surety and endaser hereot, jo~ntly and severally, waives demand, presentmen! ptotest and notite of ptolest fw nonpayment, sod furthar ayrees to any eztens~on of t~me of payme~t, eitner before w after maturity, without nonce ~o sny of us; and to pay +~1 costs of collection, includinp ~ re~sonable attwney's 4ee in the ~vent of any default h~reunder. and Mr~by severalty waives all benefit of homestead and exemption undet the coostiNtion a~.d laws of each Stare of the Un~ted States, as against this obligation w any extensior+ o~ renewal hereof. Witness the hand and seal of esch party. S/ O. S. Gaskell ~ cs~?U S/ Audrey Gaske2l ~p (s~?U s_ 44 ~ 4~ ~ State Revenue is?aw~rwwodt~.~ «..~•»+-M~d NOW, THEREFORE, ~F?~ MORTGAGOR for the purpox of securing payment of s~id sum of S~~~~'~ +~d fhe Perfam+nu of the covenants and agreema+ts hereinafter expresscd. and fo~ diven yood and wlwble conuderations, by tha~ preseMS. dees grant, bsry~in, sell, rtmise, release, tonvey and tonfirm unto t MORTGAGEE, its wcceuws a~d asfigns, all that cenain bt, pitp w pucel of land, ~ituate, lyirg, u~d beinp in 1M County of St• ~C~e ~~d St~te of Florida, describ~d u follows: Lot 22, Block 79, SO[1?H POR? ST. LUCIB l1NIT S,as pez plst th~reof on file in Plat Book 14, page 12, pnblic records of St. Lucie Connty, Rlorida By agreea~t of Mortgagor and Mortgagee on file xith Mortgayee, the witbin ~oztgage secures not onlq an existinq iadebtQdness, bat also ADVANCES to be HEREAF'TBR ~ade by Mortgaqee to l~tortgagor, tbe aggreyate of which will eqaal the principal aswunt specified in the proaissory ~aote secured hezeby. . ~ ~aa_~sa-~-6~6~Jv~o / - ' N STATE aF ~~ORiD~:I ! ~ DOCUMEhTARY,.~--n: STAMP TAX ~ , ' IiEp7, OF REVE~tUE ,'x ~ _ 'y' ' ^ ~ ` " _ _ ~:Ze•~~,.= . 4 4. 4 0 ~ ~ ea ~ ~ ~ • = ti~ct :.a~' ~ • . . . ! l E ~ryEp IN PAYMENi OF TAXES ~ DUE ON Cl/196 'C' tNTMIGIBI.E PER,ONAL PROPERIY. pURSIW(T TO ~~ER 71-134. ACTS Of 1911~ _ C tq6EA POfIRJIS ~ CIfRK CIROIftT OOUR6 ST. WCIE C~, flA r~gethar with all and singular the tenements, hereditamentt and ~ppurtances therev~to betonping a in anywis~ +pperu'a+irq fh~ttto• +nd ~eMS. hwa. ~ Froceeds and p~ofits scuuing and to accrue from said premises, all of which sre included in~he sbov~ and foreqanp dauipfion and h~bendum. TO HAVE AND TO HOtD the sbove desvibed snd gnnted premises umo ~he said MORTGAGEE, ib succauora and +uiyra foreva. Md tM ~aid ~ 'hORTGAGOR for -~L--- heirs, executort, sdminiitraton ~nd auigro, hereby covenan» with the uid MORTGAGEE, its s~xcassors ~nd aslp% rhaf -th~ aY~ - lawfuily seized of the said premises in fee simple: tfiat tFw aan» are fr», ckar and d'uclur~ed froen ~II liens and ~nturtr i the~r ~ orances in law w in equity, and thst tbey _ will and hein shall w~rraM and defmd rhe tid. ro M. ~arn~ to ~M wtd !.10RTGAGEE, in sucussors and assigns, forever ~gainst the ~awfvl cleims and demands of s{I perw~»; ~ PROVIDED, ALWAYS th~t if the MORTGAGOR shall pay vr,ro fhe MORTGAGEE the promissory not~ her~inbefwe desvibed and shaU trulY. promptly and fulty perform, d~xharge, execute, compkte, comply with •nd abide by esch and every the ttipulatiora, agreemenn, conditions and tovenanri of uid ~ ~ramisso.y note and of this Mortgage, then this Mortgage and the Esta?e hereby vested ~hall u~se and b~ null and void. ~ Ii IS UNDERSTOOD that the wwd "Mortyaga" whether in the singular a plwat ~nywhers in this Mortysye, shall be sioyulu if on~ only and btl :hafl be plursl jointly ~nd ~everslly if more than one, end that ~the wud "their" as vsed ~ny~where ir+ this Nlortp+g~ sh+ll be take~ to rn~an "hh; "'hers;' ~ or "its;' whererer the context w implies w sdmits. Also, that wF+e~ever ihere it a referent~ in the corenanb and pnerr~enb haein taHairnd fo u~y of ~ ehe ps?ties hr-eto, the s~me shall be corutrued to mean u well as the Ixin, 1e9a1 rtpresent~Yrves, succtsson ~nd assipro (~ither volu~?tary by att of tM ~ ~ parries w involuntary by operation of the law) oi flx s~me and that the covenann hertin contsined ihall bind and th~ ban~fits ~nd ~dvantaqp inu~~ [ ro the respective heirs, lep+! rep?ese~tstive~, successors and ~u°yns of the p+?ties hereto. ~ s ~ Md ssid Mwtg~gws, fw themselves snd their hein, leyd represant~tives, successors and assipm. Mreby joietFy and stvaally cov~nt ~nd ayrK ~ ~ ro and with the said NWRTGAGEE, in successors and assigns: ~ 1. To pay all snd sinpulu the principal and imerest ~nd the wrio~s and wndry wms of money paY+bl~ by viHw of said promiswry not~, ud this mortgape. ~ach snd every, promptly on th~ days respct~ively the same sev~rally lxcorrw dw. 2 To pay all and imyul~r the taxa, ss~essmenn, levies, liabilities, oblip~fions and e~cwnbrancN of ~very natw~ ud kind now on s+id dacrib~d ~rra Prop~rty, or rMt hereah~r may be impoted, wffe.ed, plaad, kvied, w auessed thereon, a that hereafter m~y M kvied or as~ss~d vpa~ tF~b Morq~ ~ +ge, or the ind~bredness iecured he~eby, exfi and every, when due a+d p+y~ble, aaordi~p to law, befon thty bscorn~ delinquent, and b~fw~ ~ny iMaat ~ artathes w sny peealty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PROMPTLY SATISf1E0 ANO DISCHARGE~ OF RECOR~ AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOA INSTANCE, THE TAX RECEIPT OR THE SAiISfACTION PAPER OffIC1ALLY ENOORSEO ~ OR CERTIFIED) SHALL BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHtN TEN ~AYS NEXT AFTER PAYMENT; a~d in tM ever?t that s~ryr ther~of b~1 paid, ut:sfied and dixhar9ed sa:d MORTGAGEE msy at any time psy tM same or ~ny part thereof withow w+iviny w effectirp any optan, lien, ~quity o~ •~qht under or by virrue of this mortgage and the futl smarnt of each and every wch payment ihall be immediately dw and psyabk and sha~l bear iM~rqt ~rom the da+e ther-of u~f~l Ga;d at rate oi n;ne pe~ centum per an~um u+d topethtr with wth interest shal) be secured by the lien of th's morgraye. . - ~ - ' z~.