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HomeMy WebLinkAbout0732 1 / ~~~6333 e ?HIS INDENTURE. Mad~ tl~~~ 1T~ ~ day of , A.C. 19~ b~tw~ John 3. Meathera and Sarah B Yeath~ra? e vi te ~ af Sti. Lncie ~W„~y Flaid~, M.~inaha fJtLi9M~~ ~s ~M "MORTGAGOR;' a~d FIRST FEOERAI SAViNGS AND LOAN ASSOCUTION OF FORT PIERCE. ~ corpa~tan ap~ni:~d ~~d ~xia~inp und~. th~ lav~n of tM Unit~d Sata of M~a~k~ u+d Mvinp in prfr?cipal pl.c~ of bvsin~s in tM C1hr of Fort Pi~.a, St. l~ci~ Co~nty. Florid~. I+K~InaftN dalpn+qd a tM '~¢ORT~AOGE~." WHERfAS tM MORTGACsOR k justly Ir~bNd fo tM MORTGAGEE in tM sum of i~~1~ 9oa! +nd I~wful mon~y of tM lh~tted St~tq advanud by tM MORTGAGEE unto tF» MORTGAGOR, ~i ~vider?ced by • certaln promiuwy no~~ of even date Mr~with, of which tM fdlowi~p in wo.ds «+a f~pw» h.~~~. oopy. w~v:n N, 01-23011453 i 24 ~000 .00 _ . qq Fort Pi~rte. Fbrida. ~y l~ , 19-LL. ~ fw value reteived. 1, ws, o~ eithe? of us, prom+se tot- pay, without defalcatia+, to the wder oi fIRST FEDERAL SAVINpGS.~A~ND IOAN ASSOCIATION 7 Of fORT PIERCE at fort Pisrce, flaid~, the sum of = 24L~~ with i~tere~t irom date ~t tl+~ rat~ of s~l~-9L P~~ ~~?num, in ~ t m«?thly installmen~s u tollows: S 213.~ on the 101F+ day of Jll~ 19~= and a lik~ wm on ~ N+e correspondinp day of e~ch ma+th thereaha until the whole be fully paid. E~c1~ installment fint sMll be applied in payment of the interesl and tM~ on the unpaid bal~nce of tFN principal ium. if deiauN is m~de ~ in tFN paymeM of any inst~llment whe~ d~e, and s~rth def~uit contirwes 30 dayf, ihen at th~ option of ths holder, ~nd witiw~t a~y otF~ notite, alt the remaininp installmenq shall be due ~nd payable ~t onca. Privikgs ts yivtn to prtpay this note in whots or in part at ~ny time withovf penalty. Neitha fabeu~nu nw ~cuptanc~ by the holder therwf afla any d~f~vlt in ~nY paYment hereon. ~hall be de~med extenaion. A late payment chir~ of ~ 10 shall be ~ssessed the Yb~h day d the mamh, il • regul~r busi~ess d~y. a, if no1 a repula~ bvsi~ess d+y. rhen tM rKxt business day, on each mo~thly iruts~ImeAt ewt tM~ haiv~d. Esch maker. iur~ty and endase~ hereof. jointly a~d sewrdly, waiva danand, prNentment p.otest ~nd notias of protest fw no~+paYme~t, u+d . ~ funhe? ~prcss to aM? extansion o( time of p+yment, ~ither befae or afte~ msturity, without notics to a~y of w; and to p+y all coia of tdleaion, F ~ncludirg a rca~onable anorney's fes in tFK ~vent of any dsfault hereunder, snd hereby savaally waiws ail benefit of homestead ~nd exemptia+ unde~ ± ?he oo~stitution and I~wi of each State of ths United States, ~s s9ainit this oblipation a ~oy eYt~nsioe~ or r~newal Frreof. ! , ~ S/ JO~in S. Weathers csewu ~ cs~u~ Sute docwncntary~stamps in t!w amounr $'~.gh'B• W~}~82'8 (SEAL) of s . 36.00 ts~?u affix~d t0 fFN morqp~ sKUr~d hN~by- - NOW. THEREfORE, the MORTGAGOR fw rhs purpos~ of s~cwinp p+ym~nt of uid sum of s 2~ and tM p~rform~nc~ of th~ covenann ~nd apnsmenn hersina(ter ~xpreued. ~nd for divt~s ~ood snd v~lwble coniider~RaM, by theH pr~a~nts. does yr~m. ba?qain, sell, remiie, releas~, conver and oonfirm vnw th~ IMORTGAGEE, its svcceuon and +uipns, ~II fha~ certain lot, pieu a puul of land, situat~, lyinp. ~~d beinp in tM ~~~y ~ St. Ll1C~A and St~t~ of Fbrida, dacribd ss fdlows: - Lot 13, Block l, B1RER'S RS-SQBDIVISIOH, as per plat thereof on fYle in Plat Book 8, ` page of the public recorda of St. Lucie County, Florida. ; .r~ ~ ~ . , ~ , y ~ ~ .:Y,~ ~ t ~ ~ ~<i :`~~,#,.,it:~~ By agree~ent of Mortgagor and liortgagee on file ' rrith Mortgagee, the xit.hia ~ortgage aecurea not :L ~~s~;~ I only an ezisting indebtedaeas, but slao I~PAMCffi i ';i t.-:~~r:.' to be HBRE~FTSR ~ads by Kortgagee to Kortgagor . E . ~ w~ the aggregate of ahich Will eqnal the principal ~`•L aaount apecitied in the proaissory note secnred ~ ~ ~ ~ ' ^ hereby. ~ {~~:y lill il: ^ ~ : r_~J:~ p_ ~ IM PAYMEMf Oi TAXE,4 ' ;,t ; • + r ~ 1 # ( i DUE OM CLASS 'C INTAMGIBLE °E":A!t!.l PflOPER (Y. , pURSIlAtIT TO CI{A° 71-1?'. ACiS OF 1/l. ~ s s s c rioc~tc PoiTrus aE~K CMqIR OOURi, Si. WCIE O~P; ftJL rogetfi~r with all and tinpul~r tM t~nts, her~ditamann and ~ppwtancss th~rwnto b~lonpiig er in anywh+ ~ppertaininp tMreto, and aU renls. issues, p~«eeds and profits accrvirg ard to aarw from s+id pramis~s. ~II of whid~ u~ induded in th~ abov~ and fw~poinp d~suiption ud habMdwn. TO HAVE AND TO HOtD tM abovs dKCribed and yru~ted pr~misp unto tl» sa3d MORTGAGff, its svcc~uas and ~uipns fwwM. Md th~ s+ld MOStTGAGOR for ~~r h~in, exeaiton, adminisrwtas and auiym. hereby cown+nn with tM aaW MORTGAGEE, hs wouswn and assipm. rher t'h@9 a~ lawfully .sti:ed of tM uid premis~s in f~e simpiet that tFw same ~n frw, cl~a~ and disch+rped from ~II li~ru and ~ b~ances ie law a b equity, and tMt ~ey wi11 and ~eir warrant and dtftnd tM tit4 to tht s~m~ to th~ safd 'rORTGAGEE, iri svccessoro and aui~ro, forwer painst the lawful claims and d~mands of all pKwnss ~ PROYIDED. ALWAYS that if tl+~ NVORTGAGOR sh+l) promissory nob h~reinbefw~ datribed and shall trv t ~ p~y ~nto the MORTGAGEE the (Y. P~~^P ~Y ~ rnd fully p~rfwm, d'achar~, ex~wte, eomp3~t~, canply with and abide bv e~ci+ and w~ry th~ stipulatiaa, apre~+nenb, conditioro and oov~n~nb of said ~ o;om~asory no~~ ~nd of tl+a Mortyaqe, tiwn this Mwtya~ and th~ Esut~ hereby neat~d ~i~all uas~ ~nd b~ null and void. IT IS UNCERSTOOD that t!w word "Mortyapw" whether in tM sinpu{ar a plwd anywher~ in this Mwtyp~, slull br sinpular ff on~ only ~nd ~ = ~ ahall be plwal jointlp and ~eveally if mor~ than one. +nd tlut the word "their' as us~d. ~nywh~r~ in this Nbrtyap~ shall be uken to mean "his.•• •'h~a•• ~ , ~ or "i~i;' wherever tf+s context to impliss w ~dmin. Aiso, thst wherever there is a rsie~enu in th~ covanants and pr~ert~ents herei~ contairnd ro ~Mr of ~ ~ rhe partks herNo, the sxn~ sMll be corotrved to me~n as w~ll as th~ Min, kpal r~pe~entatives, ux.cessas aed ~uipro Ie'itF~er volw?tary by act of tM ' perties a i~voMmtsry by ope~ation of the bw) of tFw same and that the covertsnn herein conui~wd sFull bind and tlw b~nefib snd advantapp Gw?~ ~ ~ fo rM r~~p~etiw Min, Ip~l repr~sN+~ativ~s, iuccesson and ~u~yns of tl» putas hento. ~ Md saW Matyayors, for thems~lva and tMir he~rs, k~+l r~praentativ~s, wcuuon and assiym, liereby joimly and uvaally cova»m ud ap?~e ~ ~o and with Nw s~id MORiGAGEE, its s~aessors and assipns: - 1. To p+y d) ud sinpula th~ prie~cipsl and inte~est and tht v~rian ~nd sundry swnf of nw~?ey paYabk by virtve of said promiuay no1~, and thb mc.tgay~, ud~ and wKy, p~omptly on th~ days rtapectively th~ ~ s~wrally bacane dw. Z To p~y ~II M+d sinpula tM ta:es, aseumenb. Isvies, lisbilities, oblip+tions and ~nwmb~anus of awry n~tw~ ~nd kkd now on ~aid d~scr~d a~ew?tY, a thst haeafnr m~y be impwed. suffa~d. P~+ud. Iwied, a asess~d therson, or that henaher may b~ levi~d w~swsssd upon tNs Matp~ sye, or th~ ind~btdnea sewnd hereby, ead~ and wKy, wh~n dw and payabb, acco?dirg to law, b~fon they becane ddinqwnt. ~rd b~iwe sny intaett atraches a~ny penalty a intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD TIiE SAME SHALL dE PROMPTLY SATISFIED AND OISCHARGED OF RECORO AND THE ORIGINAL OFfIC1At DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSEO OR CERTIFIED) SHAIL 6E PtACEO IN TME HANDS OF SAID JIAORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTj ~nd i~ ti+~ ~vent that a~y tMr~oi h nol pa~d, s~t:sfied a~d diacAarqd s+~d J4AORTGAGEE may ~t a~y time pay tM ~+me or My p+~t thereof witl+o~t w~ivinp w affectinp ary optioo, lien, pvity or •;ah~ ~ a by vi.tw of this morrpay~ and tM full amount of each and ~very wch paymeM ~hall be immediately dve and p~y~ble and ~hall bear intK~sr i.om the dat~ tFwr~of until paid at r~t~ of nine per c~ntum per annvm ~nd toy~ther w~th suc!? ior~.~s~ shall be sea,red by tM lisn of tl~:s morptaye. ,