HomeMy WebLinkAbout0876 ~
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n~~s i+ Er~~, µ.d. i~~: 13th ~y April . ~.o. iq?4. e.~.«+
Backus BnterRrise~.~ IRCOr~grated~ a Rlorida_~rnorstiQn
p( Ct. Lur!i~ . Cp~nty Flprid~, hK~kufiM dNlpnstd ~s tM "MORTGAGOR." ~nd fIRST FEOERAI SAVINGS ANO IOAN
ASSOCIATION Of FORT PIERCE. ~ aorpaation oryw~iz~d w+d ~xbtinp wd« ~i?~ !~ws d th~ U~iNd St~tN of Anw~ka ~nd IrvNp IM prkrciP+~ P~~ ~
busM~ in tM Cky of Wrt Pi~ru. St. tutt~ Cow~tp. fbrW~, nK~hu dhiprn~ed p th~ "MORTGAGEE."
WNEREAS fh~ MORTGJIGOR $ jusNy G~dtbqd b th~ MORTGAGfE in 1M ~um oi = 22t4~•~ pood and I~wful mor~y ot ths Unit~d ~
St~Ns advanc~d bp th~ MORTGAGEE ~nro tM MORTGAGOR, ~s ~vid~nc~d by • c.Nt~in prornisw~y noN of tren da» Mrwvith, 01 whith tM followin0 h '
word~ ~nd fi~wN i~ a nw ooPY. lo-wit:
~ 22.400.~_ ~,~„10021866
~ f,~, ~~u, F~«b., Anril 13 i916._
for v~lw nqiwd, I, w~ or ~itlw of us, promcs~ to p~y, vriti+ovt d~l~lcation, to rh~ ordsr of FtRST FEOERAL SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE ~t Fwt Piwu. Flwida~, th~ wm of =ZZ~ a~.~ wi~h iro~r~u (rom d~~~ ~t rhs wr~ of $.rZ,~j? pK w?wn. In n+o~tl~iy MatalE
rnMb ~a fdlowu ~ 185.00 on tM ~c~_ d~y flf .Iu11t 19._Z~ ~nd i Glu sun+ on th~ cwr~cpo:xl~np d~y of Nch mo~th 1lbn-
aftK un1i1 tiN wFwb b~ fully p~id.
Esth i~ttal4ew~t !'v~t ehall b~ appli~d i~ paymeM of tM Inter~st ~nd then o~ th~ unpaid ba4~nce of tM p~inc~p~l wm. If d~iauh k m~ M th~
paymant of ~ny iratallmM~ wMn dw, and such defwlt continwa 30 days, the~ ~t tM option of ti» hofd~., and wirhout ~~ryr oti~er notics, ~II tM r~i~inp
iM1~I~I1M1M {~N~I ~ dW Nld Qiy~DI~ ~t Of1C~. Privil~ if ~ivM t0 p~laiY N1[f nOf~ ifl WhO~ Of pYt ~t w+y tim~ withoul p~ndty. NdthK for~bwr~noe.
nor ~coeptu~o~ bq the hold~r thKwf aAN any defavlt in a+,y paymenn M:eon. sMll b~ de~++eJ sxtens~on. A I~te payment cM~~ of i 9.25
_ shdl b~
~dd~d to ~acA ieutalk~wet ~~n?aininp ue~paid 7 days ~ha iri dw d+te, arwl • lik~ sum sMll be add~d to ~ach ~uch fnst~llm~et rMnainkg wip~id 7 dap aftu
~+d+ wc~di~+0 WY~t d~t~. '
E~th en~ku. w~ety ud ~rKlorsM hertof, jointly and teve~+lly, w~ives demand. presentmcro protest and notic~ of p~otett iw nonpayrt~a~t. and fwtha
ayrNS to am ~at~nsion of tin.e of paym~nt, eitMr b~fw~ ~v aftN m~tu~ity, wethouf notic~ to any of uu and to pay dl owb of oollectioq, indud'wip •
rwwn~bl~ ~nora~y's fi~ in th~ ~v~nr of any def~uft haevnd~?, ar+d Mr~by severslty w~ive~ ~II b~nefit of hanest~~d v?d ~xemption tM~d~r th~ ow~ati1u11w~
•nd lawa of ~ath Stat~ of ths United Statts, ss apainst thia obli9~~ion or any exter.sion or ror?tw~) herwf.
~ ~ ~ ~t ~ ~ ~m• - BACKUS BN2BRPRISBS, INCO[tPORA2BD
• s/ Rrederick B. Gtihse~ President
Corporate Seal Atf i~eed • - _ ~
' • GS~I?U
$33.60 ~U
( ~ Sab Rw~nw '
tit+rw'? Mwo~N~i ~w ~ripirwl-Mt~) - . . .
NOW. THEREFORE, tlu N~JRTGAGOR for th~ pwpwe of securi^0 WY~1ent oi tald w~m of S_~.~.~~ - QO srsd !ks psfosmsRCS of !Ir
cov~nann and ~prN..»nb Iwtiiuft~c ~xpreased. and for d'ivers pood M+d ralwbl~ consid~r~tions„ by thes~ prtt~r?ts, does qrant. barpaiA, telt, r~ena~.
rel~as~, oa+w~r and ca?f'vm ynb th~ MORTGAGEE. ih~ wue~wn and auipa+. all that cettain lot, piso~ a p~rpl of bnd. sawt~. I~inp. aod b~it~ In tIN
~~~y ~ St . LuC ~e ~nd St~t~ of fbrida, d~wib~d n idlows:
Lot 6, Block ].i, SWLAND GARDBNS, according to the plat thereot on file
in Plat Book 8, page 32, Public Records of St. Lucie County, Florida.
~ ~~~a~~ ~~y_ Da.3~2-0
ucF ~r;~~~~ .
By agreenent of Mortgagor and Mbrtgagee on file with
; Mortgagee, the within a~ortgage sec ures not only an
~ existing iAdebtedness, but also AD~VANCES to be HERB- ~
~ ARTSR sade by Mortgagee to Mortgagor, the aggregate _
of which will equal the principal asount specified
in the proaissory note secured hereby. ~
. . . . . . . . . , . . . . . . . . . ` ! D ~_:;~2~~ IN ?11
RfCEl1iEED
~ STATE °F SO R~~ A ~ °u~ on a~ss ~ ~~r~~e~ oF ru~
~R~MtT TO ~N~ .
OOCUMENTAR .t~" fJiAP'fER 71-131,
°-Z. ° OEPT_OiREVE[IUE . ~ - ACfS OF 19)l, ~u~
c .s ~DGER POIT1~
=~ea,~ii~ , ~ 3 3. 6 0 1- c~c uaa~rr oa,Rr, s~. wc~E o0 p~
in tA ~ PS.. _ ~ ~ ~ v ¦v<
~ = 11102 'i~••~
0
topMF~ wiM afl and skgular th~ 1~rw~wms. I~editarr~snb ~nd ~ppurtanus tFkreunto b~faqag w in +nrir~ ~PP~~~^i^0 YMrsw, ~nd ~II reeqs„ barss.
procMds and p?ofits acauinp and to ~ovw from raid p~miws, stl of whtd~ sn ieJvd~d in th~ abov~ and forpo~~p dnviption and h~b~d~+n~.
TO HAVE AND TO lIOLD 1M ~bov~ describ~d and p?anted pr~mis~s un~o the wid MORTGAGEE, i1s avu~swrs and nsipn fonw~. Md f!~ wid
N~ORTQJIGOR for -.i~- hein, txecufan, adminbtraton and ssaipro, her~by aov~nanri with tM said JYWRTGAGE~ its woa~as arw! aMiprr,
tMt it i8 law~u~ly w~ed of tM saiii pram~s~s in f~e srnplr, th~t tM wme w fr», clwr and dbchuped hom ~Q ti~na ~nd ~ncwo-
branc~i in law a in pv'~ty, and tM* f t will and i t 2 - hein ~hall warraM and d~f~nd tlr tirb b th~ to the asld
MORTGAGEE, its suoceswn ~nd ~ssipns, forrver apsimt tFr Inwful ctsims and de.n~nds of ~11 qrwro:
PROVIOED, /1[WAYS tlwt if tl~ MORiGA g~h+ll p~y unto th~ MORT~'sAGEE th~ prani~wrY ~te Mr~inbefon d~scr~d and sh+Il Urtrly. P~P~~Y
a~d full~r p~riwm, dnclwr~. ~x~cvN, comPlN~,~eemply with ud abid~ by ~ach and ~very th~ stipubtioro. +p~n~uns. oonditioro and e,o~ew~ls of wid
p~om;swry rwt~ ~nd of tbM Mornppe, tMn thi~ Mat~~ and the btat~ henby watd sh~ll cta~~ and br rwll ~nd void.
IT {s uNDERSrooo d+.t th. viro.a ••Mo.r~sQa" wh.+M. in tn. si.g„I~. o. pkr..~ «~ywM.. in this Mo.tpep., sh.~~ b. .inp~lar if on. ady «~d
sh~ll b~ plw~l jointiy and ~sverdly if moi~ tMa on~. ~nd NWt tM word "tMir" a uwd anywl~~ in this Mwtyapt shal) be tak~n to o»a~ "hb." "'I+~n."':
w'ib.° wh~rwu tM oonuat so :mplia or ~dmia. Alw, that whutwt there is a nh~~ In th~ town~nb and apr~nenri Mnin ooNairrd b se~ d ~w 1e~
the putia h~r~to, th~ wn~ ~II t» cemtrued ro msan as w~ll a tFw h~in. lspat nprssentdiws, waessors and ~ssip~r (eitha vol~erary b~? ~ct of tIN
p~rti~s a bwoMxNary br op~r~tion of th~ law) of the sMne and tFwt th~ cov~n~nn hK~in contaieNd ~h+ll bind s~d the bKKfils and ~dvanbp~s Mwn ~
to rh~ rppeuiw I+Nn bp~l rpra~nr~tives, wocsason and ~u~ns of th~ putia Mr~ta -
Md saW Mo~tppas, fo~ tFiurwhrea r+d th~ hews, t~+l reprewntativ~s, wa~ors w+d assipna. fwreby joimly ~nd wv~r~lly oovenwN ~rd a~rM ~
?o and wi1l~ ffN s~id NIORTGAGEE, ifs svoassors uid aaipns: • ~
1. To pnr all ~nd iirgular Nw principal rnd ;nta~t and th~ vuiaa ~nd wndry a~xra of +na~Y WYabl~ by virtw of s~id panissay rwb. and this
mortpape, ~ach ~nd ~nry. Prampth an the drys r~sp~ctiv~lp tM sarn~ stwrdly b~com~ dw. •
ti To phr ~N and ~inpuf~r tht ta:~s, u~nsrrwn», levie~. ti~bilinp, oblipatiom and «+cumbnnc~ d ew~y n~tw~ w++d kM~d iww on ~Nd dMOrlb~d
prop«ty, or tMt hK~aftN en~y M impowd, svffen4 P~+~~• Uwi~d. a as~ess~d +h~~~on. a th~t Mr~after m+Y b~ Iwi~d a~d upa~ thb Morp~
ap~. a tl» bd~bNdnna aaa~d h~.~by. ~adi and w~rY, wFwe? dw and ~y~, aoco.diep b I.w, befon N~r baconw de~kqwnr, and bekn ~n~r Ma~nq
a7tathes w an~r p~mhy b inaxrd; ANW It~tSOFAR AS ANY TiiEREOF IS OF RKORD fHE SAMf SNAII dE PROlY1PTLY SATISfIEO AND OtSCMARGfD Of
RKORO ANO THE ORIGINAI OffIC1Al OOCWMENT (SIJCH A5. FOR iNSTANCE, T;1E iAX RECEIPT OR T!+'c SATISfACTION PAPER OFFKIAIIY ENOORS~
OR CfRTIFIED) SMALL bE PLACED 11` THE NANpS OF SAIO MORTGAGEE W11H{N TEN DJ111~ NEXT AFTER iAYMFNTj snd in tl+e ~va+f t!W ~n~r thenof ia ~+ol
paid. ~at~ifiad ~:d difch~ry~d sa:d AKMSGAGEE m~y ~f any time pay th~ u~ a u~y part tlw~of without wsiviiq a~ff~ctinp aey option, IiM, puiryl a
.IqM w~d~? w by virtw of this mwrypa ~nd rM fuli ~mounr o( eace? ~nd e~e?y wd. paym~m sMll b~ inwn~d'at~lp dw w+d p~y~bN ~nd sh~M bw ir~~st
koen tM dat~ tFw~wf untii pa;d at ~~t. o( n~~e pa semwn pN u+rw~n and topefl~ w~th wch intKat shsll be ~cwed by th~ li~n ol rh:s n+orpfapt.