HomeMy WebLinkAbout0575 ~
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~ THiS INOENTURE; Alld~ the Sth day of ~y A.A. 19_76 . b~tw~+n ~
Willie l.ee Jones Sr. and Rrances L Jones his Nif
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~ SL. Ll1C @ Cp~y Fbrid~; Mr~inatea d~sige~ar~d tM "MORTGAGOR;' and FiRST FEDERAI SAVINGS AND IOAN
ASSOCIA~ION OF FOIlT PlERCE, ~ corporstion wp~~iud ~rd ~xistirg weda ti» lavin o1 tM Uniqd Sutq of M»riu and havirp ih pti~cip~l pl~a of
bwLna in ri» pty of far PiKC., st. t~d. tounty. F~orid.. Mr•tna:tet d~.ipn.ted u tt,. 13 , OOO. tti0 I
WMERf/?S tM MORTGAGOR ia jtntly lnd~bl~d to tFr MORTGAGEE in tM wm of = 9ood ~nd lawful mwvy of tM Unit~d
Sutq ~dvu?c~d by IM MORTGAGEE unto tM MORTGAGOR, ~s wid~nced by e c~rtain promiao~y not~ of sven du~ Mawdh, of wh~ch tM followlnp M
wada and fipw~t b• trw copY. lowit:
~ 13.000.00 ~,~,,~0021912
fat Pierct. Flaida. ~ ~y ,5+ 19 ~6
Fa valw nctived, I, w~ o~ eitMr of us, promis~ to p~y, without dsfalcarion, to tM order of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION Of ~
FORT PIERCE at fort Pi~ru, flwida, the wm of : 13 w;th in~e~est from da~~ at the ra~~ of ~_96 p~r ~nnum, in enonthly irnbll-
m~nts a follows:: 165•~~ o~ th~ 20th day of J~A Iq 76 and a I;ke sum on tfis cor?a~po~dinp day of ~ach month th~rr
~ftK until tF~ whol~ bt fvlly paid. -
E~ch imtallment fint ~hall b~ ~pplied in payment of ~he in!eres~ and thcn on th~ unpaid bal~nce of the princ~Pd wm. If d~fauh Is rtwd~ M tFw
paYment of uiy inst~llmsnt when •dw. ~rtd sucF? defa~lt continves 30 days, then at the option of the hotder, and withoW ~ny otMr notiu, all tl~s rem~ininp
i~siallm~nri sMtt b~ dw and pay+bl~ at once. Privilep~ is given to pr~pay this noh in whok w f~ pirt at sny tim~ withovl p~nalty. Phither forebtsr~np,
nw atceptanu by tM hokle? ~hareof after a~y default in ~ny paymcnti hereon, ahaN be deemed ~xtension. A late p~yment chary~ of ~.s~.... thall b~ ~
added to e~d? ira~~l(ment remaininq unpa~d 7 days after ib dw date, and ~ like wm shall bs added to e.ch such ins~allmtnt rMnaininp ui~paid 7 d~ys afi~r ~
wch wctr~d'iny paYm~nt date. -
E+ch m+ker, w~e~y sr~d endorser h~rwf, 'pinHy and ieverafly, w~ives demsr~o, presemment protcst and no~ice of pro?e~t for nonpayment, snd fwtFw
aqnes to ae~y exlenaion of time of payrr~t, either before w aftar mstvriry, without notice to any of v~; end to p+y all ccvta of collectio~, i+~clvdinp • ~
reasonabi~ attoeney's fee in tM event of any defavlt hereunde?, ar+d hereby ~eversily waivcs all ?xnefit of homeste~d and exemption und~t ths comtitWion
and kws of each St~!e of ~M Unit~d States, as sya~n~t this obiiyation or any ex~ensan or renew~t hereof.
~trKSt tM Mrd and ieal of c,ch party.
s/ wilri~ 4e~ .~one~, Sr. ~q
~ ~
s/ Frances L. Jones ~
~ 19. SO ~ Stah Revtrwt . • ~U
~ba~i0 .
NOW, THEREFORE, th~ MORTGAGOR fw the pv.pose of tecvriny paymsm of s~id sum of S 13 ~ Q~. ~O ~~~d tM p~rfamaep of tlr
cov~ann and ~p~km.nn herainaffer ~xpressed. u~d fa divers ~ood ~nd vatwbl~ consideraf'sons. by th~ preser?ri. dots QruN, baryain, s~ll. r~miw,
rebas~, conwy and confirm unro tl+~ MORTGAGEE, in uxussora and sssiyns, alI tMt cer.ain Iw, pieu w psrul of I~ncl, sitwt~, lyiry, and b~inp In fh~
t~M ~ SL. Lueie u~d State of fbrida, describ~d as fcllowa:
?he West 31 feet of Lot 4 and the Bast 29 feet of Lot 5, DUKB SUBDIVISION,
ac~ording to a plat thereof recorded in Plat Book 9, page 34, of the Public
Records ef St. Lucie County., Florida.~ ~
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~f ~x~~~., : a~os_ soa-ooo~_oo91i ~ .
STATE ~F FLORI[~A ~
4' OOCUMENTARY .-4~;; STI~MP TAX {
i~ DEPT.af ~REYEN{1E ~
Yr Q - I w~ Y. ~ O~ -
u, _ Pe s~rii•rs # ; ~
~ ^ _,.~~2 ~
0
' By agreement of Mortgagor and Mortgagee on file
~
i with Mortgagee, the vrithin mortgage secures not ~
~ only an existing indebtedness, but also ADVANCES
~ to be HfiRBAFTER made by Mortgagee to Mortgagor
{ the aggregate of which will equal the pri~cipal
~ amount specified in the promissory note secured
E hereby.
~ . O a u~ w?rMaR oF t~s
~
~ ~ uuE oN d~ss 'c i~riw6~ ~ ~Rn'
~ p„~ T~ GIAP~ER ~1-~34. ACTS 0~ ly,~. a~'1(~
ROGER /OITItAS
~ CLERK GRCIM~ OOIIN'f~ 5f. tllCif CU., FU~
~ toptthN witb sll and sirgutu tM tenemenn, h~rcd7amenn and sppurt~nces tl+trwMO bel«ginp or in anywhe ~ppertaintnp tlwr~to, snd ali r~nts, iaws.
~ procMds and profin xavirq and to mrw irom said prs~nises, all of which ars included in ths ab~v~ and for~poinp d~scrlption and h~b~ndum.
TO HAYE AND TO HOLD N» ~bov~ dew~I»d ~~d g~~nted p?~mise~ uMO th~ ~id MORTGAGEE, its succ~swn and assipm fw~wr. Md t!» wW
= t h e i r~ ~y ~~~y tM said MORTGAGEE Ns woasw~s ~nd anlpns,
3 MORTGAGOR fw F~ein, executas, administr~ton ~nd ui rn, fi~r
~ they are
~Mt - Iawfully sei:ed ot the iaid prem~sa ie fe~ simpfe; tMt ~M ~am~ an frw, cl~ar ~nd d'nt}w~d irom tll li~ro and ~ncunt
~ br~nas in law or in pvity. ~+d that they will and their Min shall warranf and d~f~nd th~ fH1~ fo tht s~rtN t0 fM Mid
Y MOR~GAGEE, ib wcce~sara and assiyns, for~ve~ apafntl tiw lawful cl~i~m and demands of all pasoras
~ PROVIDEO, AlWAYS tMt N tM MORTGAGOR ahall pay uMO the MORTGAGEE tM promiuory nots Iwreir~beiw~ d~wibed ~nd ~11 tntly, promptly
~ and fully p~rform, diuh+r~e, ex~cut~, compl~te, cornply with and abid~ by each and ~very tM stipvlatioos, apreMn~nls, c~tioro u+d oov~ms of said
µ promisswr noM ~nd of thk MoA9~ye, dxn this N4onya~~ ~nd the Estate her~by aeated shall uas~ and b~ null and void.
~ It IS UN~ERSTOOD tMt th~ word "Malyapor" whether in tl+~ sinyulu or plwal ~rryrwl+Ne in this Mwtpp~, ~hall b~ sinpulw ff on~ onl~r ~nd~'+o
~ sh~ll b~ plurd jointty Md wvadly ff mon th~n . one, and Mat the wwd "tt»ir" ~s vied anywh~n in this Mort9ap~ shall ba tak~n to mean "hb,•• "Fws,"
a"ib," wherewr tM cont~xt w implies or admits. Aho, tha~ whsrewr there !t a r~fennct In tF» cov~ewnH snd pr~nN+b A~r~in ~ontainad to any oi~'
~ eh~ p~rtiu herNO, tM san» ~hall consrrued to m~an ~a well ai fhe Mirs, I~yd rspreanf~tives, succ~swn and au~pns (eiNw~ voluntary bq ~ct of th~ X w
~ p~rtia a Inroluntary by opwnion of tM law) of th~ ianw snd that th~ covensnt~ h~r~in comaieed sMll bind and th~ ba»tiri and advamapM kww~ ~
w
to tfie rap~ctiw F?~'as, I~yst repr~sent~tive~, sucuuws ~nd au~p~ of th~ putin hereto. I
~ Md said Mwtpagcxi, fw tFwnkl,r~s and tfi~ir hein. IeQal repre~entatives, wcusson and eui~~s. Mreby jofntly ~nd ~ev~rall~r cowna~t and apr«~
~ ro and witF~ tM iaid MORTGAGEE, in sua~sfo.s ~nd auiyns: ~
~
~ 1. To pay all ~nd sinpular th~ p~incipd ar?d intKqt and tM rarian ~nd sundry sum~ of monty paY~bb bp virtw of said m
P~~~Y not~. ~nd thM ~
morqay~, uch ~nd nrery. P~~P~~Y on tM days rKpeNivdy tiw s«n~ sw~r~lly bacort» dw.
~
2. To pay ~N ~nd-sinyvlu the t~aa. ~u~sur~n, Iwies, liabilities, obliystiora and ~ncumbru+ua of ~very natur~ ~+~d kind now on s~W dacrib~d ~
P?op~rtY, a thN her~ah~r m~y b~ imposed. wff~rid. Pbc~d. Iwi~d. w asstss~d N?eraon, or tMt h~r~aAK may be Itvi~d w asNSwd vpa~ tlss Mata
` ay~, a tlw frd~br~dneu ~cw~d h~r~by. ~ach and ~very, wMn dve and payable. accwdinp ro law, b~for~ they becor~ delieqwnt, and befon aey iiaMat
attathes w aMr penalty is inc~r~ed; AND INSOfAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAII dE PROMPTLY SATISf1E~ /lN0 ~iSCHARCsEC OF
: RECORO API~ THE ORIGINAI OFfttlAl OOCUMfNT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFtCIAIIY ENOORSED
- OR CERTIFIED) SHAII 6E PLACED IN TME MAN~S OF SAIO MORTGAGEE WITHIN TEN OAYS NEXi AFTER PAYMENT; and in ths ewnt that a~ny fMr~of M no1
pa+d, sat ~fied and discharqed sa:d MORTGAGfE may at ~ny t~me pay the s~mt or ~ny part tlxrwf without wsivirq w~ffectinp any option. Ikn, eqvity ar