HomeMy WebLinkAbout0230 ~~M~''~' ~
iH15 iN~ENTURE, M+d~ th~ i5t di o( ~June A.D. 19
7_~? ~ b~twNn
Timothy Harris rnd--N~nci G. H~~ris, hi.s Mife
Z, ~ ~T
of - St . Lwc ie Cp~nry Florida, Mr~inaftK d~tipnat~d ~s tM "MORTGAGOR;' snd fIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE. ~ cwpor~tion uQu~i:~d u~d ~xutinp undx tM I~ws o/ th~ United Sutq of Amsrka u~d h~vinp fb principal pl~q of
buiir?~as in tM Clry of For1 Pieru, St. luci~ Cou~ry, flaida, M~~inaha d~~iprut~d tM "MORiGAGEE."
WHEREAS th~ MORTGAGOR is j~ntly indtbNd b tM MORTGAGEE in tM ivm of = 35 a SOO.OO ~~~,~(ui monsy of the United
Sr~tes ~dvanced by tM MORTGAGEE u~~o tM MORTGAGOR, ai ~vid~rxed by a cKtein promiuory note of even d~te Mrewith, of which t!» foliowinp In
wad~ and fipuras i~ a 1rw copy. lowit:
~ 35, 500.00 ~~0021956 ~
fo.r Pi.ru. Florids. .l'une i 19_L4.
FOf V~ItM fKflVfd, 1, we o~ either of us, promisa to y, without defslcation, to the wder of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE a~ fo.t Pierce, Flwid~, the ium ot ~ 35, S~O. _,~,;th intere~t trom date et the rate of8 • 75 X, pK annum, in monthly irotalb
ments as follows: s 292.00 ~ t~ 20th ~y oF .)Uly ~ 19 76 and • lik~ sum on tM cwrespa?d~np .:ay oi each mauh tl?N~-
aftcr until tha whole be fully paid.
Each ins~allment first ~MII bs applied in paymenf of tM imerest and thc~ on the unpaid'balance of the princ~pal wm. If defa~H is msd~ in tM
payment of any installment wlxn dw, and such def~ult conti~uss 30 d~y~, lhen ~t the optiw~ of 1M holder, and without sny other notice, all the rtm~ini~p
ir.staltments shall be due and paysble at once. Priviley~ is yiven to prepay Ihis note in whok a in part at any t~me without penalty. Neither forebearancs,
nor aaeptance by the holde~ thsreof ~fta any default in anY paYmenb herson, sh~ll be deemed e:tension. A tata payment ch~rg~ of j i 4. 6~ .~11 b~
added to tach installment remainirg unp~id 7 dayf ~ftp its due date, ~nd s like sum ahsll be added to each such installment remsinin~ unp~id 7 d~ys ~ftH
each succeedinp paYmeM date.
Each makcr, surety and ~ndwser hereof, joinNy ar+d sevHdly, waive~ demand, p~esantment protest and notice of pro~cst for ra~payment, and f~rthe?
•grses to ~ny exteman of time of payment, either before w efter matvrity, without not~ce to any of vs; and to pay all msri of collcction, includinp •
reaionable attorney's fee in the event of a~y default hereunder, and her~by severally waives all benefit of homestead and exemprion under tM corutitWion
a~d laws of each Stat~ of the United States, as sgainst thi~ obliQation p u~y extensan o~ renewsl hereof.
wc~~, r~~?a .~d .Ni or P..t,,. `~'.~f j' M~;
s l T it~~L 2i y[~ r r f s
'~?M ~
~ T t~ s Nanci G. HArris ~u
. (s~?u
r $ 53 . 2 5 ~ . _ ' ' {SEI?U
) Stat~ Reveow
~ ~+~ile~ err a~n~l ~rseir) ~ -
NOW, THEREFORE, ths MORTGAGOR fw tM purpose of tetv? 35
covenants and ~ P+Y~~ of uW sum of i ~ , u+d 1he ptrformanc~ of th~
apreemenri hereinafter expressed, and for divert good and valwbM cornideritiorn, by thts~ pteser?ri, does yr~nt, bar9~in, sell, rtmise,
release, convey and confirm unw the MORTGAGEE, in ~ucceswrs ~nd ~uip~s, ~It tF?at certain tot, piece w pucd of tand, aitwt~, lyirg, ud b~irg in tM
County of St . LuC 1@ and Srat~ of florid~, describd ~s fol{ows:
?he East 45 feet of L~t 14 and the West 30 feet of Lot 13, PASEO PpRK,
as per Plat thereof recorded in Plat Book 10, Page 61, Public Records
of St. Lucie County, Florida. ~Q b Q
~~w~~roc ! ~ ~L / - ~ p 3 - 1.~/3 o
u~ ~r •
By agreement of N~rtgag~r and Mc~rtgagee ~n file with
! Mc~rtgagee, the ~rithin m~rtgage secures n~t ~nly an
i existing indebtedness, but als~ ADVANCES t~ be HERE_
AFTER made by Mortgagee te 1?tortgager~ the aggregate
~ of which ~nill equal the principal amount specified
in the premissory nete secured hereby. _
` ~_n ~ E::~. F l_ O R s_C=i_ A ~
M ~,Z ~~OCJt.;~t~'~+P.Y~= :.;~53~M~' Tr.} ~ eo
Z" r 'v~:".vr ~ii.~~i~vE 1 ~ _ /
'f' - IN PAYIAEI(i OF TNtES
=~•1-~r~;~~~'~~ ~ 5 3. 2 5 1 ouE oa 'C' INTANGIBLE PERSONJIL Pi10PEft1Y.
- m ~ Qe~ •,~.~:S,~:~.
~ = ~ p(IRSIIAt(i TO C1iAPTER 71-134. ACfS OF 1911. ~J~ ~J
Iq6ER POITRJ?S
. qFRK Ct11qNT OOIIiiY~ ST. LUCIE 00.. ftA ~
toyeth~r w~th all and sinyul~r the tenements, heredit~mena ~nd appurtances tlwre~rmo belorgirg w in ~rtywis~ apperf~inirg 1Mnro. and ~11 ~eMS, iswN,
proceeds and profin accrui~y snd to accrw from said p~~mises, ~II of which ~re included in tM above and fw~poirp deuription and h~Mi+dum.
TO HAVE AND TO i101D the ~bow described ~nd yranted premisa unro tF» iaid MORTGAGEE, its woceisors u+d ~uipns for~vK. Md tM aaW
MORTGA~'sOR for t he 1 Z ~~n, executas, adminatraton ~nd ~uiyrn, her~by covenanri with th~ s~id MORTGAGEE, its tuouswn ~nd asiDra,
~~t _t r~gy a re ~~,{ull seized of th~ ~a~d
Y pr~m~ses in fe~ simpl~: th~t tFw iarrw ~re ire~. cl~ar and dischuped from alt Iwns u~d ~ncvn~
br~nces in law w in eq~ity, ~nd tfiat they W~~~ their h~irs shall w~rraM and dtf~nd th~ titl~ b tM sam~ to tM s~id
MORIGAGEE, iq wcceuon +nd aui9ns, fw~ve~ ayain~t th~ Iawful cl~ims ~nd demands of ~II ps~sons;
PROVIDED, ALWAYS tMt If tFw MORTGAGOR shall pay unto the MORTGAGEE the promisw~ry not~ he~~inb~for~ d~wib~d ~nd ~hall ttvly, prompfly
snd fully perfwm, diacharpe, execute, compltte, comply with ~nd abide by each and every tM stipvlatans, preements, condita~a and oov~nants of said ~
prom~ssory note ~nd of this Mwtyape, then this Mort9age and ths Estate hereby vea~ad sh+lt caase ~nd b~ nvll and void.
IT IS UNDERSTOOD that the wud "Mortyapor" whether in the ~inpular a p~ur~l anywhert in this Mwtyaye, ahall be sinpula? if on~ only and
shall bt plwal jaMly and severaliy H mort tF?ee oM, and tMt tFw word "thsil' as wed anywhert in this Mort~~y~ shall b~ t~ktn fo rm~n •'his,•• '~ert,••
w"its;' wherever the context w implies a admits. Also, that wMrever thcre is ~ nference in th~ covenann ~nd p~semenb h~r~u+ oont~inad to any of •
th~ parties hereto, tl+e same ahall b~ construed ro meM as well aa the hein, leyal rep~ewn»tives, successon ud sssig~n (eith~r vd~mary by ~ct of th~ f
parties w involunury by ope~+tan of th~ bw) of the same u+d thst the cow~a~n herein contai~ed shall bi~d ~nd th~ b~nefi» and ~dvantapes kNx~
ro the respectire heki, hyal rep?ssentatives, wccesson ~nd ~ss°yro of th~ parties hereto.
And said Mortpsyw~. fw tF+emklv~s and thtir heirs, Isyal representatives, s~ccesson Md auigns, hereby jointly ~nd ttverdly coven~nt ard agrN ~
to ~nd with the ~aid NWRTGAGEE, in svaessors and ~uipr?s: ~ f
1. To pay all and sinpvlu ths principal ~nd ir?te?at ~nd the v~rious ~nd wndry sumi oi nwney paYabk by virtw of ~sid omi }
~++o.~~,~., ~.~,d .re.y. Womptly o~, rh. d, r., r w..«r r+ot.. .~,d Ha. =o
y~ pectivety the um~ ~ewr~ll becane dw. ~
2. To pay all and sinpula tFw taaes, auessment~. levies, liabilitia, obliy~t~an ~nd eecumbrsnua of wary natwe ~nd klnd ~aw on said dNCrib~d ?
prop~rtY, o~ that hereafrK maY b~ impos~d, wfi~.ed. Placed, bvi~d, a auesssd thtr~on, p th~t her~after may b~ Iwied or au~awd upoa thh Mor~ }
ape, w tM ind~bt~dn~ss ~ecu~ed F~ereby. ~ach and wsry, wh.n du. a~+d pay.bl•, accordinp ro law, befwe they b~corn~ delinqwm. ~nd befon u~y int~?at
anaches a any penalry K incwred; ANp INSOFAR AS /1NY THEREOF IS OF RKORD THE SAME SNAIt BE PROMPTLY SATISilEO ANO DISCHARGfp OF
RKORD AND THE ORIGINAL OFFICIAI OOCUMENT (SIKH AS, fOR INSTANCE, THE TAX RECEtPi OR THE SATISfACT10N PAPER OffIGIALIY ENDORSED `
OR CERTIFIED) SHALL dE VIACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; u~d in the tveM tFyt any therwf 4 no1
paid, s~t'sf~ed snd distharged sa:d MORTGAGEE may st any time pay the same d any pan thereof witho~t w~irinp w~ffectinp any option, IiM, equify a
•iqAt under o~ by virtw of this morty~ye and the full amou~t of exh and svery such paymenf shsll be immrdiate~y due and psyabt~ +nd shall b~a intaest
~rom the dN~ thereol uMil paid at r~re oi nine per centum p~r ~nnum and royelher w~th such interest shall be secu~ed by the lien of th:s moryta~e.
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