HomeMy WebLinkAbout0056 . ~s2~~ i~,~ , ~
THIS IN~ENTURE. IN~d~ th~ ~3rd ~y af Jui1~ . A.D. 19~ bNwNn
FeYr~st G Cole ~ed Nsnc]? -
of ~SL Lue!~~ ~~~y plprida, Mr~in~h~r dNipeat~d ~s tM "MORiGAGOR;' snd FIRST E~ERAI SAV1N~ s~~ IOAN
ASSOCIATION OF FORT PIERCE, a oapor~tion o~yani:~d and ~xistinp w+dK tM lavin oi th~ Un~ted St~t~s of /1m~riu ~nd h~virp its pr{ocip~) p~+c~ of
buakw~s in tM Gify of FoA Pi~rc~. Sf. luch County. florkJ+. h~f~insfiu d~sipoat~d q tM "MORTGACsEE.•• w•~,~•..
WHEREAS tM MORTCsAGOR b jwtly indebt~d b tl» MORTGAGEE in th~ wm of t~~~ 6Q~ .O~ pood and bw(ul mon~y Of th~ United
Stat~s advanced by tM MURTGAGEE vnto tM MORTGAGOR, as evid~nced by a urt+in p?omhwry nots oE awo d+ts-berewith, of whicb tM fdlowinp in
word~ a~d fipurp 4 a fnN CopY. ttrwit: ~ '
~ 25,600.00 N,10021997 ~
. Fwt PiKa. Flaid+. .JtlA! 23 ~p 76 : t
For ralw nceiwd, I, vw w ~ith~r of us, promiis ro pay, witF~o~t defalcation, to the o~der of FIRST FEDfRAI SAVINGS AND LOAN ASSOCIA?ION OP
FORT PIERCE"et iort Pitrt~, Flwida, fht wm of ~~cs...a 6~• ~ with inte~at (rom d~ts at the rate of 9• 0'16 per +nnum, M monthly iraul4
nen~s u follows: i 2~ a+ ths 2~th d+y cf All9ust 19 ~6 and a lilu ~um on tM corresporKlirg d+y of ~ach rtanth therr
•fts~ vmil the wFw~~ bs f~lly paid.
Each in~tslFment f'ust sh~ll be applied i~ payment of tM iMerest and then o~ the w+paid bslanoe of the prirx~p~l wm. If defa~h is mad~ ln tM
payment of a~y irnt~llment whea dw, a~d such defa~lf conti~ws 30 days, then at the optiw~ of tM holder, ~nd without sny other notics, all tM rtm~ininp
insullmants shall bs dw and p+yabk at once. Privileq~ is yiven to pr~p~y this note in whole or i~ psrt st any time without penalty. Neithe? foreb~uMU,
nw aaeptu+c~ by tM holda thersof ~fte~ any default in anY paYms~b hereor+, shall be deemed extenaion. A Ia» p~yment chary~ of s~Q+~~,, shall b~
added to each installment rsmaininp unpaid 7 days aftsr its dug dat~, and • lik~ sum shsll be added to each such installment ram~ininp unpaid 7 days +fMr
~ach succeedi~g piYrr~t date.
Each maker. wrety snd endwser hereof, jantly aod sevaally, w~ives dcm~nd, pressntment protest ~nd notice of protest fot nonpayment, ~~d iurti~
egnes to any extN?sion of tim~ of paymtnt, either before or +fter m~turity, withovt notice to any of us; +nd to psy a!1 msts of colleclion, includirp a
reasoneble attwney's fee in the event of any default herewider, and Mreby severally waivcs all benefit of homestead ~nd exemption under the oonstitution
and laws of e+ch State of ths United States, as ay+ie?st this obliy~tion or ury extsnsia+ w renewal hereof.
Witness the h~nd and seal of each p+rty.
s/ Rorr~st G. Cele ~
(s~?q
s N c B. Cole ~wu
(S~J?U
~ ~38 ~ 4A ) State Revenw -
(SNw~•Mwcdl~d~ ~r«l~iwal ~w~tq ~
NOW, THEREFORE, the MORTGAGQR fw tFw pu?Fwse of secv~inp p+yment of ssid sum of f Z S•~•~ , snd the performsnce of th~
cowna~ts and p~~emer?ts F~srtirufter expressed. a+d for diver~-pood and v~IwWe caaideratiwu, by tfiew pres~nts. dots prant, barpain, sell, remiss,
re{eass, convep and oa~Pvm unro tF+~ MORTGAGEE, in succasiors u~d +uipns. ~II tF?~t csrt~in lot. Pieu or pucel of Isnd, situste. (Yirg, and b~irg in tlw
~~ty ~ St ~ LuC ~Q , and Stat~ of Florid~, dswib~d as fdtows:
l.ot l, less the Wes~ 8~eet thereo~~ o! a r~-subdivision o! the
West part ot Lot 40, MARAVILIA GARDBNS~ UNIT A?1, according te
the plat theree! on file in Plat Boek 14, Page 34, Pubiic Records
et St. l.nci~ County, Rlerida.
,~.,,,:L~? ~~l~~-b ~ C~DO d ~O 7
w~ ~n~r ~c
By agreeaent of Mortgager and Mnrtgagee on tilt with
; Me~rtgagee, the within sortgage s~eures n~t enly an
f existing indebtedness, but als~ ADVANCBS t~ be HBRB_
~ ARTSR ~ade by Mortgagee t~ Mortgag~r, the aggregate
~ of which will •qual the principsl anount specified
~ ~ in the pro~issory Aeta secur<d her~by.
E . . .
` ~ .S / - 1- Q
, STAT~ ~F FLO R i D~: i R~~;` IN PAYMENT OF TAXEz
OtE ON Cl11SS 'C II(TAI~IGIBIE PEP.SONAL PRQPERiY,
DOCUMENTARY.~~ STA?V1P i P U
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°c-~ " OEPT. Ji REVE!'IUE ~ ~Q
K~ _ _,?uN2s~c ~ 3 8. ~ 0 i c~c oMOUR oa,pr, n. wc~ oo, Fu
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ro9.~Mr with ,ll ,nd sugula? rh. ~~oeman», hereditsmenn .nd ~ppwtances rh.raunro belorgirg w in anywis~ appenaininp thersfo, and ~II rx+ts. tssws.
proceeds and profin acauiny and to accrw from said premis~s, all of wFi~ ~r~ ind~ded in th~ ~bove and for~poiny dauiption u~d h+bendum.
~ TO NAVE AND TO HOID th~ ~bon~ desaibed ~nd pranted premis~s unto the s~id MORTGAGEE, its suaeswn ~nd ~uipns fonwr. Md th~ s~~d
~ MORTGAGOR for t~ir Min, executon, ~dministrsfors and +uiqns, h~nby cownanri with tFw s+id MORTGAGEE, its wa~swrs ~nd assipn.
they are
rhat l~wfvlly seiud of tha aaid pr~mises io fst simpls: that tM same ar~ ftN, clear and d'~J~aryed from all liana ~nd ~ncum-
~ bru~ces in law w in equity. ~nd th+~ tb@y will ~nd t~I! i~ heirs thall w~rrant and d~fend tM titk to th~ same to tM s+id
= MORTGAGEE, its ~uccessors and auiyns, forwsr +yaimt tM lawful cbims and d~mandi of ~11 penaa:
~ PROVfDED, AlWAYS th~t if th~ MORTGAGOR sh~l! psy imro tM MORTGAGEE the ptomissay nots hereinbefore dexribed and shalF truly~pranptly
~
~ and fully perfwm, diuM~e. exewt~, compkte. comply with and abide by e+ch and ~very the stipul~tiau, sQrcementa, conditaro and coven+nh of said
~ promiswry not~ and of this Mort~+pe, the~ this Mortyye +nd the Esate hereby aated sh~fl ce+se and b~ null and wid.
IT IS UNDERSTOOD tMt the word "Martp~or' whetMr in the sinpulsr w plur+t snywher~ in this Mortys~, shsll be sinp~l~? if orK oply a+d
~ shsll b~ plural 'pintly and swerdF~r if mor~ th~n one. ~nd that the word "the'v" ~s us~d ~nywh~n in this Mortyap~ sh~ll be tsken to rtran "his." "F~en:' ~
~ a••its," wherever tM context w implas or sdmits. Abo, tMt wherewr thero is a nf~renu ~n th. coyeoa~+n and .pree~++e~n h.r•~n oomatn.d ro a~y of
th~ p~?ties hereto, tM sams sh+ll 1» construed ro mesn as well n the I+ein. k9+1 re~xesem~tives, woc~ssws ~~d ~ssipns (eHher volunfary by ~ct of th~ ~
parYip or imroluM~ry by ope~ation of the law) of tM sam~ +nd tMt the covensnb hersin cont~ined shsll bind and tht b~nefits and advaMapy irwr~ ~
~ to tM rssp~ctiw I~ein. 1~1 represN+tativq, wasuon u+d au°yra of the pxties hertto. FM~
/?nd said Al~ortqspon, for themselva and their hein, 1e9s1 ~~praentativn, suaessors and assipm, her~by joint{y u+d Mwrally cov~nant and aprN ~
~ to ~nd with tM said MORTGAGEE, its s~tusso?s and auipro:
1. To psy ~11 and sinpirlar tM pi~ncipsl and interest ~+d th~ variovs ~nd wndry woa of monq p+Y+bl~ bY virt~e of aid promisswy nof~, and N~b
~ mort9+~e• ~+ch ~nd wKy. Wompfly on th~ d~ys respettively tht saer~e sw~tally b~tan~ dw.
~ 2. To p+y all u+d sinpvlar tM taxes, ssseasmenn, Iwics, tiabilities, oblg+tions and a+cumbnnus of svery nature u~d kind now on saW dew~d ~
P~aP~Y• a that hae~f»~ may b~ impwed, wff~nd. P~atsd. Iwied, ar ~~ses~ed th~reon, a that hereafter may bs Iwied a useswd ~+pon tl~ Mort~
~ s,~, w t!w indsbssdr+sss s~cur~d hersby, sed+ u+d every, wh~n dw ~nd p~yabl~, accwdinp to law. 6~fore th~y became delinqusnt, a~d befon a~ry? k~brat
anacF~es or any penalry i~ int~rred; AND INSOfAR AS ANY THEREOf IS Of RKORO THE SAME SHAII 6E PROMPTLY SATISFIED AND DISCHARCsED Of
~ RECORD AND TNE ORIGINAI OFFICIAI DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RE.r.E1PT OR THE SATISFACTION PAPER OFi1C1AllY EN~ORSED
~ OR CERTIFIED) SHAII 8E PlACEO IN THE HANOS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AfTER PAYMENT; ~nd in tl+e twnt th~t ~ny fha+wf f~ rw1
~ paid, sstsfied +nd disthtr~ed te~d MORTGAGEE may st any timt pay the same a any part thereof withovt waivinp w affectiny atry option, lier?, equity or
.iqht w+der or by vinue oi this mort9aye and the futl ~mount of each ~nd every such paymeM ahall be immediately d~?e and payabl~ u~d shall btu inta~st
~ ~rom the date thtr~of until paid at ~~te of nine per centum per annum snd topether w~th such interest shall be secvred by the lien o4 th:s morqfay~.
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