HomeMy WebLinkAbout2005 ' 3;~A'~33
' ~ THIS INOENTURE. /Wd~ ~h~ 7th d~y of NOV@Olb@Y A.D. 19.~ b~lwwn
Gelaine A. Hutchiason and S~r~dra L. Hutchinson. ?~,i~,=,,,~,~e
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~ ~ St . L L1C f@ _y ~~y Fiorfd+. I~rNn~fqr d~aqoahd as th~ "MORTGAGOR." ~nd fIRST fEGERAI SAVINGS ANO IOAN
ASSOCUI?ION OF fORT PIERCE. ~ capor~tioe apw?i~d aid ~xiuinp undK tM I~wa ot th~ UniNd 51Nw of A~nKiu aid MvMq i4 P?incipd P1~a of
bwi~ ln th~ CMr d fo~t Pwrar St. luci~ Counbl Ho~id~. hKNn~fNr d~sion~ud M th~ "MORTOJI~CEE."
MfHERE/1S tM MORIGAGOR M~atly ind~b~~d b~ MORTGA~3EE in th~ wm o~ , 90~ and Iswfvl enoewY oi fM Unihd
Sata advanc~d by tM MORTGAGEE unto tM MORTGAGOR, a~vid~nc~d by ~ urqin promi~wry noN of w.o dn~ M?~wirl~, of whkl+ th~ fdlowin~ h
~word~ ~nd fiperN N• trw ooPY. bwH:
~ 10.000.00 10021679
~ p~~ NovembeY 7 19_~_
For valw npiwd, 1, vw or ~itMr of w, promiw 1o p+Y. witho~rt d~hlatiap,~to 1M adN of fIRST FECERAL SAVINGS I1N~ IOAN ASSOCIATION OP
FORT PIEItGE ~t Fat Piua~. Flwida. th~ swn of =..10.~Q.00 w~? u?ra..T trw~+ da» ~t r~+. ?•n of 9•2~ pM +~A; M nanfhly irrt~lb
• mMn.s fol~ow.: ~ 103.00 20th ~y ~ Deceuber----- ~y75 +nd . ~ik..wn oo rh. oon«v«d~rw d.y o~ ..ch nwnth th«.-
afqr uoti) Nw vrFwl~ bt fuly paid.
Each inst~IMwnt fi.st• shall b~ applied in paym~nt of tM 6+terast ~nd then on th~ w~p~kl k»lano~ of tM pru+dp+l sum. If d~tavh b mad~ in tfi~
paymN?t of ury installm~?t wMn dw. and wd+ d~f~uh cont4wes 30 d~yt„ thew at the option of 1M Iwider. aod wiMaut ~rry otMr notlo~, all th~ r~n+fnMq
ins~alknents shall b~ dw and pay~bi~ at onc~. Privibp~ M piven b pnp~y thh oob L+ whol~ ot In P+A ~t ~^y Yr~s withoul p~n+~ty. PNitMr fonb~vMia,
rwr ~aptano~ by tM ho1dK tMrwf sfta aMr d~f~uh in anY WY+~~b hK~on. shall b~ dNm~d ~:t~nsioo. A lat~ p~ymrm cl»rp~ of i 5.15 _~hsll b~
added to each irn~+llm~nt r«nainleg w~p~id 7 days ~her its dw dau, and ~ fik~ sum shail b~ addd w each svth Mstallment r~inirg wipaid 7 d~~rs ~fbr
eath wcae~dio0 WYmMf d~te.
E~ch m~IcN. swery +nd endoner ha~of, iointly and ~w~ally, w~iws demand. Pre~entm~nt protat ~nd notia of protat (or ranp~Yms~t, u~d furthw
agtMS to any ezt~nsion of Y~me of p~yma+t, tither b~fon a ~fl~r enatwity, witMout notio~ to ~M? of us: ~nd ro p~y ~11 aosb of oollection, incl~dinp ~
reasoMble attorney's fee in tM wMt of a+y d~fwh h~nunde?, u~d I+a~by s~ver+~hr w+ivea bene{K of homestead ~nd ~xanptio~ vr~dK tM coratNution
and i~ws of ~sch Sut~ of tM Unit~d S~aas. ~s spsirot this oblpation or any ext~ion a ren~wal hereof.
Witntst ths Iw~d and sNl of ach_party.
:E~ .~f~-5a ~~-e~j~~ d•~ IN W?YMOii O~T~ry s/ Gelaine A. Hutchinson ~
, PMPfR RE~?U
r;tir p~ p11 qJ?9~'C ~
pF ~yl~. + s/ Sandra L. Hutchinson ~
~ ~ qMpipt 71-13A. ay
~ ~~t ~~K ~'p ~I
( $15 - 00 1 sra» Rw.nw ••~T
~n.~ri~M~l ~wta ~ .
NOW. niEaEFORE, th. MoRTCaI?coR t« +h. purpw. d s«wino arm«+t of .aw wm of =10.000.00 , aod w~o. o~f ~h.
covanana and apnam~nn tw~nah~r ~npresNd. «x! for ~v..s pood and v~IwbN oon~d..artom,, b~? th«~ p.~sw+h. doa .~rai+t. bwp s~lb nmbe.
reltase, conwY ~nd tonfirm unb tiw MORTCsAGEE. Nt woo~swn ~nd assi~+~, dl that uAain lot. Pi~a a Puql of landi iilwa. ~Yirp. ~nd b~inp in tM
~~y ~ St . Lucie_ ,~nd Staa of FIorW~, dau~d a follows:
Coawencing at the SW corner of the St. Lucie Club property in fractional SB'~ of
Section 28, Township 34 Sauth, Range 40 Sast, said point being at the intersection
of the South section line of said Section 28 and the Bast right ot way 2ine of the
Florida Bast Coast Railway; thence run Northwesterly along said Best line o! RB~C
Railway S59.9 feet to point of beginning; thence continue Northwesterly along the
East right of May line of FSO Railway 84 feet to a point; thence North 89 deg.
50 min. Bast 102~.53 feet, nore or less, to the Indian River; thence Southeasterly
along the Indian River (approxina~ely 79.2 feet) to a point; thence South 89 deg.
50 min. West approximately 1015.26 feet to the point of beginning; with riparian
rights. ,
AYD the North 7teet ot the lollowing desciibed property, to wit: ~
Coauencing at the SW corner of St. L~cie Club property on section line where-ft
intersects the East right of way line of Rlorida East Coast Railroad, run North-
; west on East right of ~?ay line for a distance of 454.9 feet for point of beginning.
; From point of beginning continue on Northwest on Bast right of way line 105.0
~ feet to a point, run thence North 89 deg. 50 min. East 1015.26 feet to waters edge
E of Indian River, run thence in a southeasterly direction paralleling the rivez
#or a distance of 100.0 feet. Run thence South 89 deg. 50 min. West 1000.26 feet
to point of beginning, with riparian rights, being in Section 28, Township 34
South~ Range 40 East, St. Lucie County, Rlorida.
EXCEPTING trom both of the foregoing parcels the Sast 187 teet thereof.
Ai.i. of said lands being a part of RUSSELLS SUBDIVISION as per plat tbe~eof on tile -
in P'lat Book 1, pa 186~ o£ the Public Records of St. Iucie County, P'lorida
a em~ t o Hort a o and N rt a e on i e th ~e he rt a
~c~es n o an gx~s ing irx~et~~ne~e ~u~ ~~8~~`.~ ~b .~e ~~~~$ry note,
Plor~gagee ~o o gagor, ~Fie aggra ga o dfi c e na e amuun on e~ ro~ ss
eoperh.r wnb an «~d slrgutu rh. nMnwna. haed'nanam, «d appwtanas ~h.reumo b.lonptno « tn +vpKt+inirw +h~?Mo• and a!~ nM~, baia~
prooe~ds and profib ~oorvinp and to aouw fran wW pr~, dl of whid~ m iedud~d in the ~bow and forpoiq dhcription ~nd h+b~rwlwt~ +
TO HAVE AND TO HOID tM sbow d~wib~d and prsretsd P~~s uMO th~ ~aid MORTCsA~SEE. ib woo~stws and atipm fonwr. Md dr uW
N10RTGAGOR for their M&s. ~:~anws, admin»traton and ~ssipro, hu~bp caven~nts with tM said MORTG/1GEE, iri woauo~s and asipn~„
ihst thev are lawfvily wizd of tFw said pnmiaa tn fk simpl~s tMt tlw wrw an fr~, clw and d'isch~r~d fram dl li~n and ~
branas in Isw « in equity, and tM* tliey wi11 and the i r h~irs slwU wsrrant and d~fend th~ titt~ a tM sanr w th~ wfd
MORTGAGfE, its sua~sson ~nd astiyro, forrwr g~irot th~ I~w~vl daims u~d dnnud~ of all pKSart
PROVIDED. ALWAYS th~t if th. MORTGAGOR shali pay w?ro rh. MORTCsAGEE tt~e promiwory nore h.r~inbsfon dnn~sd ~nd ~h.ll truly. P~P~h
and fuitr p~rform, d'acliarQe. ~x~tvM, comP{et~, camplY with and ~bid~ by ssth and ~w?Y the sNpulations. ~W~NS• aonditions ~nd oov~rw~b O~ ~aid
PromissaY not~ ~nd of this Mortyap~, tl~ tNs Mortya~e and tiK Eststs h~nby veat~d ~iwlt cww and b~ mill and rold.
~ IT IS UNDERSTOOD tFwt th~ word "Mortyapor' whetha In tFw sinpulat ar plunl ~nywhstt in N~is Mwt~pe. ~hall b~ s&~utsr if on~ adp and w0
~ sh~ll be piwd ~ok~Ny and ~wer~ly if rc.on tlwn on~, and ehat tM word "tMir' a ~w~d Mywh~+~ in this Mwt9ap~ sh~ll b~ ak~n to m~an ' hM." `Fwrs.° o
w"its." wherw~r the oonteat w irnpii~s w ~dmi». Abo, that wherew~ then is ~ nf~nno~ in tM aowMnb and apr~ts haein oomabMd b any d ~'v
ti+e p.rti.s her.% tl~e ~+me ahall b~ cautn,.d ro mea+ as w.ll a fM Irirs, {.yal rpra.maNves, woosssors and aaipr+s (~itlwt v~olunurY bY ~d of tM ~
puti~s or Ywolur?tary by op~ntion of th~ law) of th~ uen~ and tMt tM oov~n~n» hKein eoma&wd shdl bind and th~ ba+~fils and ~dv~ntaprs Mwr~
to tM resp~ctiw hein. Ip+l nprpam~tiv~s, wa~wn and us?yns of tM partiN henta ~
Md safd lUlorty+~or~, for themwlws and tMi? hein. Ip+l rp~~wntat'na, sucoa~ors ~nd ~asip% hereby jointly a~d wwrally oov~mnt and aprN ~
to and with tM said MORTGAGEE. its wa~ssws ~nd +ss+pna: b
1. To pay aIl and sinp~rl~? th~ principd and Int~rsst and the various and suedry wms d money pay~ble by virtw of s+W praniswry not~. ~nd this _.-ni
mortp+ye, wch and ew~y. PranPtly on tly d~rs nsp~etiwly t1M s~nt stv~~ally b~coine dw.
2. To p+y Zq and ~inpvlar th~ tucu, usasma~ts. Iwies, liabilbf~s, oblipatiom and ~ncunbnnas d every rntun a~d klnd now on said dnvlb~d
W~f1l• ar ehN hu~aAK m~y b~ inpoNd, auff~r~d, d+ted. levi~d, or aw~st~d thn~oe. a th~t hMeaftK may b~ brviad or as~swd upon thi~ Mort~ O
ap~, a tM kidsbt~drwa saw~d ha~bY. ~ch +nd ~wry, when dw ~nd payabb. +owrdin0 to law, b~fan tlwy b~cant d~IM~qwrN, and b~fon aery tmwwt ~
attaches w any p~nalry ia lncw?ed; AND {NSOFAR AS ANY THfREOf IS OF RKORD THE SAME SHAtI SE PROIY{PTtV SATISFIfO ANp OISCIIARGEC OF
RKORO AN~ THE ORIGINAI OffKIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION VAPER OFFKIALLY ENDORSED
OR ~ERTIFIED) SNALL !E PLACED IN TME HAN06 OF SAID lNORTGAGEE WITHIN TEN DAYS HEXT AFTER PAYMENij ~nd in the ~wm th~t any 1Mnof is not
paid, saY.sfad and diuMrped s~id MORTGAGEE m+y at any tirr~e p~y th~ same or ~ny p~rt N~enof withou~ w•ivinp a ~ff~ctinp any optioe, li~n, puiryr a
•~oM unde~ a by virtus of this mortya~ and tlu fvll smovet of each and wery wcl~ payment shall b~ inrn~diately dw a~d p~raW~ and shall bw intKpt
kom tM dat~ th~rwf vntil paid st rate of nine per centum p~~ ~nnum and rop~tMr w~th wch tM~re~t sl+all b~ ~scw~d by the liee of th:s mor~t~yt.
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