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HomeMy WebLinkAbout0797 ~ . ~321~1 ~S THIS INOENTURE. MaJ~ tAe d~y of ~~'~er A.D. 1975 b~twNe r,ari J. itedd'sh and .;e3n G. Reddish, his e ~ of I,?'ei A ~~ovnfy Florid~, htwinaftK d~iiynated as tM "MORTGAGOR," +nd fIRST fEOERAI SAVItK'i5 AN~ IOAN ASSOCIATION OF FORT PIERGE, ~ cwpwation upaniud ~nd txiitiny und~r tM Isws of the Unit~d Stat~~ of Am~riu a~d Mvinp ib pri~tipal plau of bu~ints~ in tF» Ciry of fwl Pi~rc~, St. l~ti~ County, Flo~ida, hc~~irufter dqiyn~t~d as tht "MORTGAGEE:'~ WHEREAS tM MORTGAGOR is jwtly ind~bt~d ro tM MORTGAGEE ie the sum o~ = 2~ , pood ~nd I~wful moMy of /M Unittd t S~~tes idv~nced by tl» MORTGAGEE unto the MORTGAGOR, as svidenced by a cerfa~n prom~uwy note o1 e.en date he~ewi~h, ot which tM followinp io ~ wwds a~d figuros is a trw copY. ~owit: ~2 ~j ~ ~'10. fx~ P~p~ 000210 ~n P~«., F~«~d., ~ecember 26 ~q fw value received, I, wa w cither of us, p~om~sa t pey, without defalcat~un, to ~tro order of FIRST FEDERAI qSAVINGS AND IOAN ASSflC1AT10N OF 2 r • ro P' S~_96 per annum, in month fORT PIERCE af Fwt Pieres, Ffwida, the sum of = - wifh inte trom date at the rate o • ~ ly initsll- ~ ments ~s followi: = 21 Q~ on the ~~'y' d+v oF Apri 1 ~ ~q and a like sum on the cwrespond~n~ day of sach momh therr ~ ef~er unti: the whole be fvlly paid. Each inst~llment first shall be applled in payment of ths interest snd then on the unpa;d balance of tht prcnc~pal wm. !f default is made lr? 1M paymenl of ~ny instifp~e~t when due, a~d such default conrinues 30 day~, then sl fhe opr'an of the holder, artd withaut s~y other ratice, sll ths ?emslnirq ~nstallmentt ~hal! be ~e and payeble at once. Privilepe u 9iven to prepay fhis note in whok or in pa~t at any lims without penalty. Neithe~ fqr bearante, ~w aae t~nce b the holder thereof after an defavlt i~ an ~ PsY 9 e P Y Y Y P+Y~nt~ hereon, shall be deemed extens~on. A late ment cM~ e of = J~, sFull b~ added to each i~aullment rmuiniry unpa~d 7 days after iri dw dat~, and s like sum shall be added to each, ~uch installment remaining unpaid 7 days aftet ~ each svcceedinp paymem date. Each maker, s~rey and end~xxr hereof, joinlly and severally, waives demand, prexnlmeM protest and notice of protest for nonpayrtKnt, snd furtF~ { agrees fo ~~y extensioo of time of paymem, eitF,Q~ before a after maturity, withavt notice to any of us; +nd to pay a!I costs of cotledion, includinp ~ ~ reasonable attorney i fee in the event of any default hereunde?, ~nd hareby severally waives all benefit of homestead a~ exemptio~ undar the constihAiw~ and Iawf of each Stat~ of tFw United States, as against this oblig~tion w ~ny eatension or renewal hereof. , Wilness the hand snd teal of esch party. S/ Carl J. Reddisr. ~U ~ ST • 4 f: ~ . ~ (s~?U ' S/ Je~n G 3eddi sh ~ . . ~?U ` ~ 3a . l,o ~ ~ ~ ) Stst~ Revenw l~5tin+p~esno~If~d~vn~ae~yliw?~ns+s) . • s NOW, THEREFORE, the MORTGAGOR fw the purpos~ of secv~Mg paymait of saW sum of s 2~~ 6~ , and th~ performance of th~ t covenann and apreemenn he.e+naf~er e:preued, and (p divers 9ood and valwble caaideraYwna, by these p~esent:, does 9raM, baryain, tell, remiis, t reiease, tonwy and confirm unlo the MORTGAGEE, its iuccessora u+d auynt, all that cert~in bt, piect u putel of :srxl, situafe, lyi~g, and beirp in th~ Co~~ry of - "t j,~~~i P , and StaM of florida, dsscribed lollows: ; i 28, ~ock !i^7. PORT ST. Luc~: s:cTlorl 23, ~s p~r plat thereof on file in Pla+ ~ook pr~-e 2~ g?i%l~c recardc of :~t. L~~cie Co~in±;r. Flori3a ~ a^reemen`. of ~`.or! rya ~^r r~n~i ti~i'± ~a~,ee on f~ le ~.-i~ h N:~r* ~a.~-ee , the wi ~ hin r~ort:-,are ~~^~ires not. onl;~ an .e~ci.st~_nr~ indebtec~,-~ess, ~.~u~ alsa ADDA~*ICES to be N~REAF'!'ER marie by- ",r:~a_-ee 'o '~or}~~a;-ar. `..he a~~re~a}•e of .ahich ~ai.ll equ~1 tY:e pr`r.cipal ar:ount spec- '°ied in the promissnr~~.r_ote securea herebv. _ , . . r~ , '~,F ~ ~ + a ~ R[~y~ „L o G r r tt~ f.__._'_~-_'_ ~ pl4r q~l p/{~'~C, A~1 MYM~ A~S ' ~ q~ Of T , ~ M E y 7 ~R ~j PURSt1ANT TO (~1~p7 r~DPEAl1f' ~ f etEVEi+ - ' ~ p . ~ 71•1 ; c;z c~ ~jtat. y~~"-~z! S7 QC.iE't ApR~~ 1911. `z " ~!i -:i 76 T~.1 f I = = ~ 1 ~ _ CiFRK CIpCVR (XjUM, F ~ ` -~i; r pa _~y~...----- ~r. ux:tE oo., u ~ ~ ~ t.~~:? ! ° ~ ~ ~ ~ . ' ~ ~ r ~ ~ fogether with all and ungubr the tenemenn, hereditaments and ~ppwtantes ihereunfo belorgirg or in anywise spperfsinirg Tl~tnto, ~nd ~11 r~nts, bs~ei, ~ proceeds ~od pofits ~cuuin~ and ~o scvue from said pr~mises, all of which ~n incl~xkd in the ~bov~ and fwepany description and hab~r~dum. ~ TO HAVE AND t0 HOLD the ~-bove described and g~anted prem;fes unto the s+id MORTGAGEE, its wccesaors and suig~a for~wr. Md tM safd ~ MORTGAGOR tor +rPlr - hein, executon, admini~trator~ and assigns, hereby cov~nsnb with tM ssid MORTGAGEE, its succ~swn and asaipM, ~ rhat ~'e lawfully seized of tfw wid premises in fN simpls; that th~ tame ar~ frN, cbar u+d dischuyed from dl Ilens and ~nawo- brancss in law w in equity, u~d tlut 1~~~ will ~nd +he~T hein sh~ll wanaM and defend tht titlt 1o the sam~ to tM s~id ~ MORTGAGEE, its succeuors a~d ~uigra, fwever apainst the lawful claims and dem~nds of ~!I penom; ~ PROVIOED, AlWAYS tl?~t if fhe MORTGAGOR shall pay unro tM MOATGAGEE tM promiswry not~ hareinbefw~ described and shall tn?ly, promptly ~ and fully perfwm, diuh~rpt, execvte, complste, comply with ~nd ~bide by each and every the stipulatims. Nreemems, cond'Aio~a ~nd oov~n~nb of said ~ promiupy not~ snd of this Mwtype, then this Mortysy~ and tlk Esute hsreby creat~d shall uase ~nd be null ~nd void. ~ IT IS UNDERSTOOD th~t the word "Ntwtys~or" whether in the sirgulu w plural anywhere in this Mortyagt, shsll be tirgul~r ff on~ only ~nd ~ shall b~ plur~l jointly and s~ver~lly if more than one, and that the wad "tFro'a" as ~sed ~nywhere in this 1Mortpape sMll bs taken to m~an "his,•• •'Mq,•• ~ w••ih;' whereva the conftxf w impties w admits. Also, that whcrever thero i~ ~ referenc~ in the covensnts and aqreemenb Mrein cont~ined to ~ny of ~s ~ ~he parties hereto, the ~ame ~II be construed to me~n sf well as ths hein, le~d represenqtivd, successors and usiyro (either voluntary by ~ct of tM ~ Parti~s or ievoluntery by opsratan of the law) of tF~s seme and thst the covenants herein contained ~hall bind and ths bee~efits ud ~dvanta~p irwn ~ ro tht respective hein, leyd r~prete~tativd, succeuors and au~yns of the paAi~s hereto. ~ ~ Md ~aid Mortgapors, fa themselres and thei~ hein. Ie~al repreienbtives, successat ~nd auiyns. F+treby joimly and ievaally covsnant and apne ~ ro and with tl+~ uid MORTGAGEE, its succeuors ~nd ~uiym: ~ ~ 1. To p~y all u~d si~y~la~ th~ princip~l ~nd interes~ and the varaus ~nd svndry s~ms of ma~eY paYable by vinve of aid promissory not~, and thf~ j mortyaye. ~ach and ~very, pomptfy oe tM d~ys respMNely tF» same kwrally becprN due. ~ 2. To p~y dl ~nd sir+pvlar tM taxes, usessm~nn. Iwies, li~bilities, obliyatiax and tncumbances of wery natur~ ud kind now on s~id d~wib~d property, w that hersah~r maY b~ imposed, suffered, placed. Iwied, or a~s~ss~d lhsnon, a tMt h~reafter may be kvF~d a~s~ssed upa~ thb Mor1~ ays, w tiN ind~bted~est secwed hereby, each and tvery, when dw and p~yabl~, accwdinp to law. Mfors thty betome dtllnq~t, and b~for~ a~y tnlwat attaches w any peMlty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SA/NE SHAII 6E PROMPTLY SATISFIED AND ~ISCHARGED OF i RECORD AN~ THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFfICIAUY ENDORSED ~ OR CERTIFIEO) SNAII 6E PUCED IN TME HANDS OF SAI~ MORTGAGEE WITHIN TEN pAYS NEXT AFTER PAYMENT; and in the evtm th~t ~ny the~~of is not paid, s~f'sfied and discharged sa:d MORTGAGEE may at any time pay the same w•ny pa~t the~eo( withwrf waiving w affectirg a~r option, lie~, equify a •~aht und~r or by virt~e of thes mortyaye end the full ameunt of each and every s~rch paymeM shdl be immediately dw and pay~blt and ahap bear iniK~st ~ hom tM dne the?eof uMil paid at rate o( ~;ne per «ntum per annum ~nd to~e+her w~th sucF~ interest shall be secu?ed by the tien of th:s mor9tay~. i _ ~ ~ '~s-t ~ _ - ~