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HomeMy WebLinkAbout0446 b 321'~2~ ` ; THIS IN~ENTURE, Mad~ tMi~ 20th d~y of NOVQaber A p, ~y 7S ~~M ' ! i ~lhert I~Rov C~+~~rr1+ ~.ed Cail Church~, his wife E of SL • L{iC~t ~p~~y Ftoridi„ hKtinaftN d~tipn~red as tM "MORTGAGOR;' ~nd FIRST fEUERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ cwpa~tan wpanis~d ~nd ~xiuinp undK t~ laws of tM U~~t~d Sut~s of M~eric~ and Mvinp in principal plx~ of bwinqs h tF» City of iwt Pi~rp. St. Lucl~ Counly. Florida. MrNnafta d~sqnsr~d a th~ "MORiGAGEE.•• WHEREAS tM MORTGAGpR W jwtly i~bt~d w th~ MORTGAGEE in the sum ot s 1O ~ • good and I~wiul mon~y oi 1he thuted StatK adv~nced by tl?~ MORfGAGEE uroo tM MORiGAGOR, as wid~rxed by a urt~in promissory note of even dste hercw~th, of which tM followlnp in ~ words a~d (yurts is a trw copy, fowif: =10,000.00 ~ lOOZ1692 Fo~t Pierc~, Fbrida, NOV@1b@r . 20 ~y 75 Fw valve recsived, 1, ws or either of u~, promise to pay, witho~t defalcation, to tM order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fa1 Pia~ce, fbrida, fhe sum of = 1 O~ ~ with imeresr from date at the rote of4_~~% per ~nnum, in monthly Irutal{- ' ments s~ foltows: Z 129.~ on the Z~21 d,,,,f Janua=y 1976 and a like tum on ths correspondinp day of each month there- efter until the whote be fully paid. Each installment first ~h~ll bs applied in payment of the interest ~nd fhen on the unpa~d bal+nce of the princ~psl wm. If default a made (n th~ payment of a~y inst~tlment when dw, and such defavlt continues 30 dayi, fhen at !he option of tht holdx. and without any other notice, all the remaining ' ~nstallments shall be due and able af once. P~ivit u iven to e this nota i~ whol~ a in rt at an t~me without al Neither forebearuxe, ` P+Y ~ P~ P+Y P+ Y P~^ tY• na ~cceptancs by the holder tMreof afte~ any deh~lt in ~ny p~yments hereon, shall be deemed ex~e~sion. A late paymeM charge oi s 6•'45 , shall be added to each ins~allment remaininp unpaid 7 days ahn iri dw da1~, ~od ~ like sum shall be added to each such instaitment remsining unp~id 7 days after cach succeedirg paYment date. Esch maker, surety ~nd endaser hereof, join?ly and severally, waives demand, prexntment prote~t and notice of protest fw nonpaymcv?t, and furthsr agrest to ~ny extension of time of payment, either before or aher maturity, wifhout notrce to any of us; and to pay alt -Ctfsts of coilecticn, includinp ~ reasonable attorney's fee in the event of any default hereunder, ~nd Mreby severelly waives sll be~cfit o( homeslead and exempsiao under the cwutitWlon artd laws of each State of ths United States, as against d+is ob:igation w anr exttn~ion w renewal hereof. Witness ~M hapd ar+d seal of each party. S"i ATE Ft..._~ r-~. fi. ¢/~bert LeRoy Church DOCi1MENTARY,~":° 5~ li M~ ~ A~ ~~U -:~EV~i~u= " _ s Gaf 1 Chwcch ~ Sis.oo S~.~e Re~. - _~~.•~s~~~r ` 1 5. 0 0 c~~ cs~a.,p„n.c~lbd«...i~i.,~~.w - l~B2 r~ 4 NOW, THEREFORE, IM MORTGAGOR fw th~ purpos~ of secvring payment of ~sid swr+ of = 10~~~•~ , and the performance of tM coven~~b and ~greements ht+tinafter e~cpressed, and for dvers ~ood and valwbl~ co~sider~tiona, by tltiest p?esent:, does yrant, barfl~;n, setl, remiie, ~ relcase, convey ~nd confirm unb tM MORTGAGEE, ib ~uccesson ~nd ~uyns, •II thtl certain bt, piep or paroel of Isnd, situate, lyinp, and beirg in ths Cam1y of St.LltCi@ , and Stat~ of Flwida, dewibed follows: A certain parcel of land in Section 9, ?awnship 36 South, Range 40 Bast, St. I.ucie County, Florida, being aore particnlarly described as follows: Co~encing at the Nozthwest corner of the Southwest ~ of the Northeast ~ of the Northeast ~ of said SQCtion 9; run thenc~ southerly along tbe West line of sa?id Southwest ~ of th~ Northeast ~ of the Northeast a dista?nct of 144 feet to the point of b~girening of th~ herein described parcel; thence ~asterly at riyht anyles to the preceding course a distance of 296 feet; thencQ southerly at right angles to the preceding course a distance of 155 fe~t; tbence Westerly at right angles to the preceding oourse a distance of 296 ~eet, to a point in the said Mfest line of the soutbwest of the Northea?st ~ of the NoYtheast thence Northerly along said Mrest line of t6e Southwest of the Northeast ~ of the Nortbeaat a distance ~ of 155 feet to the Point of Beginning.` . ._~r/D~. ~~3 ~ S _ _ / By a9zeea~ent of Mortgayor and 1?lortgagee on file with Mortgayee, the within sortgage ~ecuz~s not only an existing indebtedness, but also ADVANCBS to be NBRB- AR?6R sade by Mortqagee to Mbrtgagor, the aggregate of which will equal the principal a?~o~t specified I in the pzo~issory note secured bereby. ~„~v-c*~ _ ~N PAYMEt(T OF TAXES ' OUE ON CU1SS 'C' S•r*q;:r~g~ E:~ •~0;1a1 PNOPER(Y~ ~ PURStJAI(T TO Ciia' A~TS QF 197L ~ , : r„r~a~: n1 p ~ j txFwt ciacuir cax~~a. ~~c~E co., Fu?. G : together with all and ~ingulu the tenemenn, hered~taments and app~rrt~~ces therevnro belong~ w in anywis~ appertsininp the~eto, u~d ~II r~nri, is~u~s, E proceeds and profitt ~cauirq ~nd to ~ccrue irom said premises, all of whid~ are incloded 'm the abov~ and fonyoinp description ~nd habendwn. ~ f TO HAVE AND TO HQ~Q the above dewibed and yranted premises unro tha said MORTGAGEE, its svccesson and assip~s fwwer. Md t!» said ~ j MORTGAGOR for thelY_, ~~n, executors, ~dministratwt and •si~gnt, hereby ooven~nfs with the s~id MORTGAGEE, i» waesfors and ~ssfpns, ehat they are ~~,,,,fully ssized of ths said pem~ses in f~e simpl~s tMt the surw us free, clear and dischsrp~d fran ~tl lie~u ~nd w~wo- brarxes in law w in eqvity, and tF~at t21BV will snd t~~iZ heirs shall warnnt ~nd defend 1M titb to the ~artK fo th~ s~id MORTGAGEE, ib sucussors and suigns, fwever psinst tf+t I~wful cl~ims and demandi of sll persoru; ~ PROVIDE~, AlWAYS tMt if the MORTGAGOR shall p~y unto the MORTGAGEE the promiasory not~ hereinbefor~ described and ~II tnrly, prompfly ~ end fully perfwm, d~xMrge, execute, compkte, comply with ~nd abide by each and every tfie stipvlations, apreements, conditioru and ooven~nb of said promcs~ory nots ~nd of fhis Mortyaye, then this Mwtyaye and tFk Estate hereby ue+ted shatl ceast and be null ~~d void. ` IT IS UNDERSTOOD tFut the wad "Morty~por" whetF~er in the iirgula~ w plwal ~nywhsr~ in this Mwtg~e, shall b~ sirgula if a» only and cpb ~ shall be plural 'pintly and ieverally if rtar~ than one. and that th~ word "their" as uied ~nywhere in this Mortyap~ sh~ll bs taken to m~an •'his,•• •'htn,•• ~ ~ w'its," wherever the context ao implies w admits. Abo, ti~~t wl~ereve~ fher~ h a refere~ce in 1FN toven~nfs and apreemeny herein cont~iMd to am Of ~ ! rhe parties hereto, the tame shalt M consnued to me~n ~s well ~s the hei», le~al npresentatives, wcuuors and ~ssipns (either voluntwy by ~ct of tht ~ ~ pahid w involuntary by oparation of the law) of the sam~ and thal the covenants herein contained ~MII bi~d and the benefiri and ~dvantapes knn~ ~ ro the respective heirs, Isga) representatives, wccessors and ass~y~ of tMt p~rtiei Mreto. Md said Mortyapon, for themselves and th•~ir htirs. lsyal rtpreunt~tives, suctestors ~nd ~ssipns, hereby jointty a~d sevtrally covtn~nt ~nd ~prN ~o and with tF» aid JIAORTGAGEE, i» successors ~nd auigra: ,y~ } a 1. To p~y ~11 ~nd sirgular the prinapal and interest and the wriout and sundry wmt of rtwney payable by virtw of uid promiuory note, and tfii~ ~ ? mortype, esch and every, p~ompdy on the d~yt respsctively th~ seme sewralfy becorn~ dve. 6 ; 2. To pay dl ~nd sinpular tM taxe~, auesunenq, levie~, liabilif'~es, obligatian and sncumbranca of every n+tur~ u~d kind now on said dacrib~d ~ f t W~b, or that FNff~NN m~Y b~ ~n?Powd, suffaed, placsd. Iwied, w a~essed thereon, a fhat her~ahe~ may be kvNd a~sseued upa~ this M~ . = age, or tfi~ ind~badnsu secu?ed her~by e~ch and we~y, wM++ dut ~nd payable, accadinp to Isw, b~fon they bacan~ delinquent, and b~fore ~ny in~p F atuches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL 8E PROMPTIY SATISFIED AND DISCHARGED Of ~ E REGORO AND THE ORIGINAI OFFICIAI OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX REGEIVT OR TNE SATISFACTION PAPER OffKlAtlY ENDORSED ' OR CERTIftE~) SHAII BE PUCED IN THE HANDS Of SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the ~vent that any therpf is no1 ~ pa~d, sat'sfied and diuharged sa:d MORTGAGEE may ar any time pay the same w any part thereof without waivirg w aflectir?y sny option, litn, tquity or - ; •~pht under or by virtve of this mort9sge and the full amovnt of each and every such parmem shall be immediately due and payabk and shall be~r inNrtst ~ ~ ~•om the date ~hereof until paid at rate of n~ne per centum per annum and to9ether w~~h svch intere~t ihall be secured by the lie~ of th:~ morytp~. ~ I P~~~ ~r`~ _ ~ v_, _ ~ .z _ -