HomeMy WebLinkAbout0605 33~~02 . ~
THIS INDENTURE. Mad~ tM 3rd day of `~u~Q - - A•~• 19 76
_ Morris C Reid anb~ Marie B.~R,ei~his wife
of SL. Ll1Cl@ „ Counfy Florida, Fw~~in~ftK daiyna~cd as ti~ "MORTGAGOR," ~nd FIRST FE'JERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE. ~ corpor~fion orpani:sd ~nci •x~suny urwa tn~ ~aws o1 ~i» ~nned ~~~iN oi iv~»~Ka •~w' i..vuy +~i p:N~'rs: yEs:~ a:
buur»ss In tM City of Fon PiHC~. St. luci~ County. Florid~. her~G+ahtr d~~ipnai~d tM "MORTGAGEE
WHEREAS tM MORTGAGOR q justly iexkbt~d to tM 1NORTGAGEE in ths sum of = 12, 50~. ~ , good ~~d ~sw•~i mon~Y oi the Un~~ed
State~ adv~rxed by the MORTGAGEE unto the MORTGAGOR, as evidtnced by • cer~a~n p~omiuory note of oven date her~w~th, of which ths followinp in
wwds snd fiyure~ is • trw copy, lowit:
= 12 , 500. 00 ~ , 10021960
Fwt Piert~, flwida, June 3 19.~~
Fw value received, I, we or ei~her of us, promise ~o pay, wi~hout dafalcation, to the order ot FIRSi FEOfRAI SAVINGS AND LOAN ASSOC~ATION OF
FORT PIERCE at Fort Pierce, Fbrids, the sum o~ 3 2`~' s$U~• O0 w,th ;nteroti irom daie ~i int raie of 9• 0°,o {,nr :1~~~r, in manshly iruts!!-
~+ems as (otlow,s: i115_ 00_ ~ ~he 20tt1 d~y of JV iy 19 76 and a 1i4~ sum on the cwre~pond~np day ot ~sch month ther~-
afre~ until the whole be fully paid.
Each inetallment fir~t ~MII be appliad in paymenl of the intereat and then on the unpa~d balance of the p+inclpal sum. If default if msds in fhs
yayment of any instailmtnt when due, and ~uch defavlr conlinues 30 days, then at ths optan of the holder, and without sny other notice, all the rem~Ininp
~nsfallments shall be due and p+ysble at once. Priviley~ i~ given to prep~y fhif note in whok or in part at any t~me without penalty. Neilher forebearance,
nor acccptance by the holdcr thereof after any defeult i~ any payments hereo~, thall be deemed extension. A late paymenl charg~ of Z 5• 75 sMll bt
edded to each ins~allment remaining uppa~d 7 days after its dw date, ~nd • tike sum sMll be added to each such instaltment remaining unpaid 7 dsyt afttr
each succeeding paymenf date. E
Each maker, surety and endwser hercof, jantly and severally, w+ives de~nand, p~euniment protest end notice of protefl fw ~onpayment, and furthtr ~3
agrees to any extention of rime of payment, eitF+e~ betore w s(te~ maturity, wi~ho~t not~ce to sny of us; a~ to pay sll costs of cotlectioo, includ:rq a )
' rrasonable attorney'a fee in the event of any default herwnder, and hereby severally waivss alt benefif of homestead and exemptio~ under fha corutitulioo ~
and laws of each State of fFN United Ststes, as against this obtig~tion or any extension w rcnewal hereof. i
Wirness tF+e h+nd and ~eal of each parry. `s
5/ MorriS C. Reid
~~'N ~ t~ NC N~, cseaU
S/ Mar ie B. Re id ~?U
$18 . 7 5 • - -
t 1 St~t~ Revenw
-(ttK~ Mw~+Wa~! a? ~iQinaF-nole}
NOW. THEREFORE, the MORTGAGOR (o~ tM purpose of ~ecvri~ip p~ymenf of s+id swn oi S 12 ?~5~~. and tM ptrforrrNnu of tl~ :
covenanb and a~reemenb hereinafler eapressed. ~nd for divers good ~nd vslu~bls cauider~tio~s. by these p~esenrs, does 9~~nt, baryain, sell, remiss. ~
release, co~vey ~nd conlirm unto the MORTGAGEE, its ~uccessors and assi9ni, all that u~u+n lot, piece or pucel of tand, situate, lyiny, ~nd beinp in 1M
Covnry of SL. Lueie $tate of P{wida, de~uib~d a~ (ollawr. °
The North 300 feet of the East 350 feet of the North Half of the ~
~
Southeast Quartez of the Southeast S~uarter of Section 3~, Township
34 South, Range 39 East, ~tM~s ~ 33S ~f `7~.~~ 000/- 0~ ~f~'
yE ~11~T •
By agreement of Mortgagor and Mortgagee on file with
; Mortgagee, the within mortgage secures not only an
~ existing indebtedneas, but also ADVANCES to be HERE-
! AFTER made by Moztgagee to Mortgagor, the aggregate
~ of which will equal the principal amount specified
~ in the promissozy note secured hereby.
,
~ ;
i - - - ~..2`~
v S TAT'E / I RECEIVFD IN PAY?1ENT OF TAXES
~ `z u ;-~_'l~i~ •fT` ~ ' L~~J('~~L~/-~
L, F:. r~ ~ , S T.; f`Jy P':, , ~ OlE ON CIJ?SS'C' INTANGIBLE PERSOtiAI PROFERIY, ~
U't C,' f K E YE!i Jc ~{R$UANT TO CFIAPTER 71•134. IYCTS Of lyll. ~'17 I ~
z_ _ _ •~~F = '
c ~ - ~ i~' ~ p
- = v ~ , y - 1 C ;;Y r ~ ' i?. ~ J + t10GER POITRAS
r~ - g-- ` ClER1( CIIiq11T OOIIRT. Si. UlCIE 00., FlA
" }
}
rogether with ~II ~nd sinyular tFw tcnements, hereditamenti and appu?tances thereuMO belo~girg a in snywise appertaininp thtreto. ~nd +!1 rents, issws.
proceeds and profits ~cuuing +nd to ~caw from ssid premises, all of which u~ induded in the above and fwa9oing dewiption and hab~ndum.
` TO HAVE AND TO HOI~ the above desaibed ard g~~nted prcmisa umo the s~id MORTGAGEE, ib succeuors snd ~uigm forever. Md t!» s+id
~ Lhelr
MORTGAGOR fw - heirs, executws, ~dministrators and assigns, hereby coven~nri with iha s~id MORTGAGEE, ib wccea~ws and ~uiQns,
~hat -th~-are - lawfuily u~:ed of the aid premis~s i~ fee simplr, that the same are free, clear and diuMrped from all liens and
~
~ brances in I~w or i~ equity, and that t he Y_ will and t hQ Min thafl wurant ~nd defend tM titl~ a tM ~ame to tlw s~i~
~ MORTGAGEE, it~ s~cce:sors ~nd auiyra, faever ~sinst th~ lawful ct~ims and demandt of ~II penom; `
~ PROVIDED, AlWAYS 1Mt if the MORTGAGOR shall pay unto the MORTGAGEE the promiawry note herei~befor~ dexribed and ihall truly, promptly i
and fully pcrform, discharpe, execute, compkte, comply with and sbide by esch and every tM stipulatiwu, a~reementi, conditioro and coven~nb of said ~
promissory no~a a~d of fhis Nbrtgaye, then this Mortgag~ ard the Estate hereby veated sF?all ceas~ ~nd be null and void.
~ IT IS UNDERSTOOD that the word "Mortgayor" whether in tF» ~irgular w plural ~nywhere in fhis Mortya~~, siull be ~inyulu if one only and ,.,c
~ shsll be pl~ral joimly ~nd severaily if more than one. ~nd that the word "their" ss v~ed anywt~ei~ in this Mortqspe iFall be t~ken to mean "his,•• •'Mrs,'• ~
a w"ib:' wherever the conte~~ so implip pr admits. Alw, th~t wherever there is a referenct in the covenant~ and ~yrecmenb herein contained to a~ry of
~ rhe parties hereto, the same shall be construed to me~n as well as ths heirs, feysl represenatives, ~uccesson and au~yro (eitfier vohintsry by ~et of tF»
~ partie~ w involuntary by operation of the I~w3 of the ssme s.~d th~t the covenana herein contained shall bind •r+d ~Ae benefin and .dv.ntp.s inw~
~ ro the respective Froin, lepal repreu~tatives, successors a~d au°yns of th~ psMi~s herefo.
And said Mwtgagon, for themselves ~nd th~ir heirs, kyat reprssent~tives, successors and a~si9rts, hereby jointly sod swer~lly cov~nam ~nd pr~t
w ro ~nd witi~ the said MORiGAGEE, its successors and assigrn: ~
~ 1. To p+y all ~nd singular tM principal and interett and the various and wndry sums of money payable by vi?tw of iaid promiswry nots, ~nd thls
~ mort9sye• each ~~d every, promptly on the day~ respectivtly tl+~ same sevsr~lly becom~ dw.
2. To pay all ~nd ungular tMe faaes, asus~ma+ti, levie~, liabilitiq, oblips~ian snd ~ncwnb~ances of ev~ry natur~ and kind t+a-w+ on said d~~arib~d 6
~ prop~rty, a that hereafta may b~ imposd, wfier~d, placed, levied, w~ss~ssed thereon, a tMt hereaftN may b~ I~vied a au~ated upon thi~ Mor1p~ O
~ sy~, or tht ir~debtedneu secured her~by. ~ach ~nd ~very, when dw and psy+bl~, accordinp ~o I~w, befo~~ they beca~w dtlinquent. ~nd b~fw~ ~ny inta~st
~ attaches w any pena{ty is incurred; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII SE PROMPTIY SATISfIED AND ~ISCFIAR('aED Of ~
RE~ORU AN~ iHE ORIGINAL OfFIC1Al DOCUMENi ISUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFfICIALIY ENDORSED
OR CERTIFIED) SHALL BE PUCED !N THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in tFw twnt that any therwf is eo1
pa~d, sat's(ied and dixhargr! sa:d MORTGAGEE may ~t ~ny t~me pay the same w any part thereof without wsivir~ or siftctinp ~ny option, IiM, equity w
~ •iqht undcr a by virtue of this mortg~ye and the full amo~:nt of each ~nd every iuch payment shall bQ immediately due and pay~bk and shall bex itMMtst ~
crp~ the d~te thereof uMil paid at rate of n~ne per tentum per annum u+d toyether w~th ~vth interest sh~ll be secured by the lie~ of ~h:• morytap~.
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