HomeMy WebLinkAbout0358 .
~
~ v`! j'~
THIS INDfNTURE. Mad~ tht. SL h_^._ dsy of A.D. 19 76 batwHn
.
Malcola D. Patrick an~_Mar~B~Patrick. his Nife
p; St. 1d1C1@ ~py~~y fiwida, hereinalt~r ds~gnated as th~ "MORTGAGOR," •nd i1R5T FEDERAI SAVINGS AND L0~1N
ASSOCiATiQN OF FORT PIERCE, a corpwation or9~nized and exifting under th~ Iswf of ~he United Stat~s of America ~nd Mvlnp it~ principal pi~c~ Of
buur?stt M tl» City of Forf Pierct, St. Lucis Cou~ty, Florid~, hareinafter desiqna~ad ~s lh~ "MORTGAGEE:'
WHEREAS iM MORTGAGOR is justly indebted to ihs MORiGAGEE in ihe sum of 5.---~-~Q~~~Q . 90~ +^d ~+Wful mw+ey o( ih~ United
Sutts adv~nced by the MORIGAGEE unto the MORfGAGOR, a• ev~danced by • certa~n pro:~~itswy nore of evan da~• hertw~Th, of which tM followiny in
wada snd fiyurei ii a trw copy, towil:
: 19.2Q0.00 10021911
Fo.~ v~e.~.. F~o.:d.. Ma~ 5 ~v~_
Fw value received, 1, wr or aitha~ of_ us, pron~:se to pay, witho~f Oeteliatior~, to the orJer of FIRST f~DERAt SAVINGS A4D LOAN ASSOCIATION OF
FOR1 PIERCE af Fwt Pierce, Florida, the sum of s_ 19~2~0. ~0 v~~th in~erest from dere at the ~ata o1 9• ~`ie pe~ annum, in monthly iosull-
ments u fo~lows: =_~S~.QQ__ on ~he _Z_QZII day of _~Lne 19__._u! and a I~ke aum on fhe cwrespond~r+q day of e~ch m~nth ther~-
after untit the whole be tully paid. ~
Euh installment fi~st shall be •pplied in payrnent of tha in~erest and thr~ on the unpaid balance of the p~inc~p~l sum. If default ia mads in 1M
payment of any installmeM when due, and such defauit con~~nue• 30 dayf, the~ et the ept~on o( the hoider, and witho~ any other notice, a~l the rerruinir?y
in~~allments shall be due a~d payable at once. Privile9s is yiven to prepay thi~ note in whole w in part at any time wiShout penalty. NeitF?fr faebaar~nt~,
rw~ atceptanca by the holder Ihereof aiter any deFautt in any payrnents herron, shall be deemed e+~tensiun. A Istn p~ynxnt cMr9e ot 5~~--. ih~~l b~
added to each inatalirnent rcmaini~g unpt~d 7 days after its due dafe, arx~ a like sum shaU be added to each such instat{ment rema~r.ing unpsid 7 d~ys ~ftt~
eath tutteeding payme~?t date.
Edcn maker, surety and endwser hereof, ~ointty a~d sever+ily, wa~ves drmand, p~esentmen~ protast and mtice of protest for nonpaymenf, and furthei
agrees fo ~ny extensiw~ of hme of paymenl, ei~her before w after maturity, without notice to any of us; and to pay ail costs of collection, includinp •
reason~bk attorney's fee in the event of a~y default herounder, aod hereby severaliy waives all benefit af twmestead and eaemption und~r 1FK comtitutio~
and laws of each S~ate of the United States, as against this o6:igalion ot ~ny exrens~on or renewai hereof.
Witness the hand ~nd seal of each party.
` ~A~ ~
i
RPPr'~ 'S= • ~ m (SEAU
ucf on~r ~ cs~?u
' S/ Mar . atrick ` ~
r$28.80 st.,. a~~r,~,. a~t ~ a~ c- ~c.~s- c?~x a .
~~r ~~r
NOVH, 1HEREfORE, the MORTGAGOR Iw the purpose of accurinQ paymen! of said sum of : 19~2~.0~ , and the ps~formance of th~
coven~nb and agre~menb hereinafler expressed, ar.d for_divers good and valuable considerations, by these presants, does pr~nt, barp~in, sell, r~mise,
reiease, conwy ~nd co~firm unto the MORTGAGEE, iti tucceasors snd assigns, all that certsin bt, piece u parcel of lard, tituste, lyir~y, +nd beirg in the
~~~ry ~ $t . 1.1iC le and State of Fbrida, dcauibed ~i follow~:
O
Beginning at the intessection of prainage Ditch No. 6, and center
of South 33~d Street, said point being the Southeast corner of F.'~
of the SE~ of the NW~ of Section 1T, Township 35 South, Range 40
East, run ?hence North with the center line of 33rd Street a
distance of 798.5 feet; thence West 30 feet to point of beginning;
said point of beginning beinq on the West side of 3jzd Street
i zun thence West 340 feet; run North 128.1 feet; thence zun East ~ `
I 340 feet; thence run South 128.1 feet to point of beginning . ~
j ' :
` LESS AND EXCEPTING the West 30 feet of the above described property. '
By agreen~nt of Mortgagor and Mortgagee on file ~Mith Mostgagee, the
within mortgage secures not only an existing indebtedness, but also
~ ADVANCES to be HERFAF?BR ~ade by Mortgagee~to Mortgagor, the aggre-
~ gate of which will equal the principal aaount specified in the pro-
missory note secuzed hereby.
~
S~T AT E~-j L C~ R ~ D~~ rrEC~nr~n ~
()CCUMEtvTARY.:-=-.,:.t,1~MP -T t i; ! ouE 01~1 ~N~~
P~
TM. ~
Z~ G E F i. C,F H E Y E N4+ E ; k ~ P11RSl1AliT TO CFIAAiER~7I-13~, AC'TS Of 19/l.
o q
'j' = P~ ~ik! - r'~6 r:; ~ G 8. 8 0 ~ fIOGER POITRIIS ~Il~
_ , ,,.,z ~ cc~mc c~aa~t oou~r, sr. c~ ~
~ ~ ~
~ toyetFwr with all snd singular ths tenements, he~editaments and appurtantes tF~erevmo belonging or in ~~ywise sppertsining thett% ~nd all renTS, iswn,
~ proceeds and profite sccruing ~nd to +ccrue irom said premises, all of which are i~cluJed in tise sbove and foregoinp dewiption ~nd Iwbendum.
TO HAVE /WD TO HOID the above deuribed and yranted premises unto the s~id A!ORTGAGEE, its sutcessors and ~ssi9ns fw~v~r. And th~ s~id
~ MORTGAGOR fw their executcn, administrarors and assigns, hereby covenants with tM said MORTGAGEE, iri svcuswn u~d auipm,
~ ~Mr - the~ are ~awfully seized of the said premius in iee simple; that the aame are free, cleu and diuFur9ed from all 1'~erq and entwrr
brances in law w in equity, end that they w~ll and their heirt ahall warrant and defend ths tit{~ to tM sarrr ro tht sdd ~
r lkORTGAGEE, its soccess~s aod ~ssigns, forever against the lawful cla~ms and demand~ of ~II persons; - . '
; PROYIDED, ALyNAYS tMt if 1he MORTGAGOR shall pay unto the MORTGAGEE the promissory note htreinbefw~ dewibed ~nd s+?all ttuly, promptly ;
~ end fut!y perform, discharge, execute, complete, comply with and ablde by each snd every l~he atipulatioru, sgteemsnh, cond'A'rom and cov~nanb of Nid ;
~ promissory note snd of this Ntortgage, then this Mortgage snd the Estate hereby ueated shall cesse and bt rwll snd void.
•
IT IS UNDERSTOOD tMt the wwd "JNortgagor" whether in the s~~gul~r w plural a~ywhere in this Mwigsye, shall be sinyulu if or?~ only and T.~ s
~ •hall be ptural jointly and a~verally if more th~n ons, and tMt the wwd "their" as uaed anywhers in this Mwt9~ge shall be t~ken to mean "ha:• •'hen,'•
~
w"iri;' wherevtr the tont~xt w implies or admits. Also, that wF?e~ever there is a~eference in the covenaMS ~nd ayr~ert~enfs t~erein oont~uad fo any oF ~s;
~he parties hereto, the same shall be construed to mean ss well ~s the heirs, I~ya! representative~, successora and asigr?s (either voluntary by act of th~ ,
~ partiti or involuntary by operition of ths law) of the same ~nd that the covenants Fxrein contained s{ull bind and ths b~nefits and advantap~s inw~
~ to th~ rspectiw hein, .kyal represent~tives, successors and airg~s of the panies hereto.
~ And taid Mwtg~yors, fw themselves and thev he~rs, legsl represeM~tives, suctessors and ~ss~gns, hereby jointiy ~rtd uvK~lly tov~nant and prK
to and with the said MORTGAGEE, its successors and assigns: ~
1. To pay ~I) and sirgvl~? fhf printipal and interesl ~r.d the various and ~undry wms of monsy payable by virrw of said promiswty nofe, and tF~t ~ ~
mortyap~, tach s~d wery, promptly o~ tFw dayt respectively the ssme severally become due. ~
2. To p~y ~II and sinpvlp the taxes, +ssesaments, levies, li~bilities, oblig~tions and encumMances of every natwe ~nd ki~d now on said dhcrib~d ~
" prop~rty, w tF~~t hereafter may be imposed, ~uffered, placed, levied, a auesud tkereon, or that Mrcafter may be kvied p a~ses~sd ~rpon fl~ Mpt¢
~ ag~, or the ied~btedneu ~ecured her~by, exh and every, when due and payable, accordinp to law, befw~ they becoms delinqwnt, ~nd Mfon any lnta~~st +
atraches or any penalry ~i incurred; AN~ INSOfAR AS ANY TNEREOF IS OP RECORO THE SAME SHAII 6E- PROMPiIY SATISFIED AND ~ISCHARGED Of ;
~~3 RECORD ANO THE ORIGINAL OFfICIAI DOCUMENi (SUCH AS, FOR INSTANGE, THE TAX RECEIPT OR THE SATISFAC110N PAPER OfFICIAIIY ENDORSED !
OR CERTIf1ED) SHI~II BE PtACED IN iHE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFtER PAYMENi; ~nd in the event that aMr tF~wf is no1
paid; saY~fied ~~d diuharged sa'd MORTGAGEE may N any time psy the same or ar~y part thereof withovt wsivi~q w a(fectir?p ~ny option, litn, pvily a
i% •iqht under w by virtue of this mort9aye and the full amount of each and every such peyment shall be irtxnediately due •nd payabl~ ~nd sl?dl b~~ in!erett
From the dde the~eof until peid at rate of mne per cent~m per annum and rogether w~th such interest shsll be secvred by the lien of th:~ morytape.