HomeMy WebLinkAbout0425 . ! ~?'ti~l;~ ~ ~ ~
TH~s ItiDENTURf, M~d~ d» 19th ,~.y ~ ' ' 1977 . b.~wwn
Rebert R. Wel2s s~ Patricia 1M. w~lls, his wif~
pf St . L11C~• ~ Cq~~y F~~, d~s~+~d q th~ "IYIpRTGAGOIt." a~d fIRST iEOERAI SAVItr(i5 AND IOAN
ASSOCUTION OF fORT ~IERCE. • oapa~tion apani~d ~nd ~{4W~q .p~r tll~~~ d tM lMihd Sat~a of AmKiu a~d MvM?p 14 P~~~ P~ ~
aNYNN in tM CN1? Of fa1 PiMw. Sf. tucM Counh?. FbrW~. i~Q~M~: ~M~n~t~d N tir rlriOKiW?~seE "
WHEREAS tM MORTGAGOR is ~ustl~? Md~b~d /0 1M MORTGAOEE in th~ swn of i-~;.aSOO.~ , pooe! and I~wrfvl mon~y oI tM UniNd
Stda advanud bp tlw MORTGAGEE w+w tl» MORTGI?GOR. a~ ~vld~nud by ~ an~ promi~say nor~ of .r«~ d.a h.r.wirh, of whkh ~h~ idlowMq In
wad~ a?d fipw« N a kw aopy. wwit: .
s 31. 500,00 : . . ' ° ~ 04-230I3~93
' Fon v».a, Fb.w., June 17. , 19 7'f
for v~lw r~c,~iwd. 1, w~, o~ ~ithN oi w, p~om~e w pay. withow d~f~ka~ion, ro rM ord~ 0/ FIRSi FEOERAL SAVINGS ANO IGAN ASSOGATION
Of fORT PIERCE at fat Viera. Fbrida. tM swn d i-~~~OO with iMa~st from dat~ ~t fM r~t~ of 8- 7 S % PK ~~n.
mo~thly inst~llm~n» as fdbws: t--~~QQ oe~ tM lOth d~y oi A1~S711ltt 19~Z. and • liw wm on
fIN COttMpOrfdill~ diy OI fKI1 e1W~11I1 tAt~NfiK 1MtiI i~1f wh01f bf }Y~~y ~b. ~
E~ch i~aqllmeM fint ihall b~ appli~d in paym~m of tM intK~st ~ed M~a+ on Hr w+paid balanc~ of N» princip~l sum. If d~fa~?It is m~d~
~n ~h~ paym~nt of ~ny fnst~ihna~t when dw. and such d~f~uh ca+tinup 30 days, tMn at th~ option of tM lwld~t, and withou~ ~ny oth~r notic~.
~II tM ~~ininp iroNld~wnb shatl dw a~d pay~bl~ at onc~. Wivilp~ b oiw~ ~o pr~p~Y this noN i^ v+hol~ a in part N a+y tim~ .withoul
PM+hY. N~i~M. fo.bw~nu. no. ~cc~pta~ by ~F~ I+oldK Mwwf aff~ any eNfavlt ~ anY WY~t..F~na~. ~hall b~ dwn»d ~xt~?sio~. A lat~
P+Y~t cM~ of S_.].3.-4s ah+ll b~ asse~s~d th~ 2ba d+Y of th~ month, i} a rpvlu bwimss day. w. H na ~ rpular busi~w day.
rF~ tM next bwii,eu day. on e+ch mon~hly irutallnkn~ oof tl~? hcMwd.
Ead~ m~lu+. sunty and «+donK hKwf. loioty ~nd ~rdiy, watva d~m.and. pre~ntrnMt prot~st ~ed notio~ of proNSt far rwep+YmaN. and
fuNh~r aqrNS to ary ~xtension of tim~ d palnnM+t. ~N~+er b~fw~ a ~hK ~r?~turiry. witla~t ~otin to any of uss ai+d b?ay all ooats of ooliection.
includinp • reasonabl~ anorn~ys fN in tM went of a~y Jefsult FwwndN. +i+d henM severally w~ivti all MMfi1 of iwmptead and ~kM11pf~ IN1df~
rM aoostiwtion and laws of exh St~t~ of the Uni+~d Stat~s, a painst thir oblipation w~ny ~xt~mion a nrwwai hK~of.
s/ Robert B. Wells ~u
sua docwMnu.~? sump. in th. .ma,m ~
d7_25 ue s/ Patricis M. Wtlls ~u
.ffi~c.a w M» m«q.p. ..w..a h...br• cs~?u
NOw, n1EttEWItE, rh. MoRtcsl?cort fa d,. pu.po.. 01 s.cwa~p P.r~.m ot ..~d wm of i 31. 500:0~ .«+d N+. p~.tom+.no. of +h.
cov~na~+n aid a~ts Mreinaft~r ~ap~assd, and for diwn pood ~nd v~IwbM considudiaw bf? tt~ P?es~^fi. dws pr+^t• buWin, sell, nmiw.
r~le~t~. aonw~r ~nd ow~finn vnW tM MORTG/1GEE. Ns sutc~~s ~nd asaipna, ~tl tMl urtain 101, pi~o~ or pvul of I+al. ~ih+ah. ~Yk~y. +nd b~in0 in tM
Carr,h, d St . Lucie .nd Sa,. of fwrid,; d~w~.a followu -
The North half (N~) of the folloMring described tract of landt
Begin st the Northwest corner o! Lot 2~ in CARD~S SUBDIVISION, sa reeorded in
Plat Book 4~ page 62~ public recorda of St. Lucie Cour?ty, Rlorida, and run
Southeaaterly along the Weaterly boundary of Lot.2~ aforessid~ 75 feet for
point of beginning; thence run Bast parall~l with the North boundary of said
Lot 2, to tbe water~s edge of the Indian Rfver; thence run Southeasteriy
along the shore lire of aaid Indian R~ves 150 feet; th~nce Weat, parallel with
the North boundary.lineof ~c~ Lot 2, to the Westerly boundary ot Lot.3 in
k said CARD'S SUBDIVISIQN, thet~ce`~lorthwesterly sl~ng•the Weaterly boundsry of
Lots 3 and 2 aforeaaid to point of begfnning, together with all riparian
~ rights thereunto appertaining.?
f BY a9rs~er~t of Mortgaqor snd Moztgagee on file with
Mortqagee, the xithin wortgage securea not only an
existin9 indebtedness, but also ADNANCSS to be HBR6-
AR?BR sade by Mcart9sgee to Mortgagor, the aqyregate
of which will equsl the principal a~ount aoccified ~j `N p~~E~~t~
ry,
in th~rosisaory note secnred hereby. ~
STAT E~F FL.O R i D A~ Rtw•'~ ,C SKTA~G~gL~} ~~j$ Of lyf l.
~ q,nss c r- ,t
DOCUME?~1TARY ...~'~'--~~.~.--~;~,STAMP IAw ` pUE , ~~j~~ ,Q'
ru~+~"'rt M,'-~ Si ?E
aEVE~:~f + - ~ 00.
Y pe = ~~~Z.•~~ ~ 4 7 2 5 1 ~ c~~u~ °°"Rj'
_ ~~~02 ~
roQetFw wilh aH ~nd sinpular t~mnM. lrr~twrwnb and ~ppurtaneas thw~unb b~lonpieg or in anywi» app~rt~fniny tMrNO. ~nd ail nms, i~rN.
pr«~ and profi~s acuvinp and b aouw from saW pnn~, dl of whid~ ~?e incMid~d in tM abow ~nd far~poiiq daaiption +nd h+b«idun~ ;
TO HAVE ANO TO HO~D th~ abov~ d~wib~d and yr~nNd pemis~s uMO tM ssid MORTW~CEE, iM wooaasors ~nd atsfpna fonvM. .Md the Mid
MORTGAGOR far their M~, ~x~aNas, adminisnafon ~nd ~ssi~r, hw~by oo~wMnts with Mw s~id MORT(;ACEE, fb woo~waa and ~MIp~N,
~har thev are ~,,,,?t,?iti ..u.a ot ..d in fN simple: that tM s~ ~r~ fn~. dw and dbclwy~d fram all li~ and «+cw~~
brenc.. ~ ~.r? o. in .q~r, a+d th•+ they wi~~ «,d their hdn shd~ w,rc.nr .na d.t«+a d» titb a d» .am. to tb...fd
MORTGAGEE, hs woo~wors and asipm, fw~wr ap~imt th~ Iawful clafma and den»nds of afl psrsorai .
PROVIDED. ALWAYS flwt K tiw MORTG/IGOR shall p~y umo t!r AIIORTCsAGEE th~ pani~sory not~ h~r~inb~fore daa~d and ~Iwll h~ly. P~Mb
•nd fulir Paforn4 dAd~uO~, es~artt, eaePbte, canplY with and abid~ by esch and twry ths stipui~tiaa. +Orw~ewms. oonditions ~nd oov~mnfs d s~id
v~~~Y noN and d tNa AAorq~, tt»n tNs Morq~ wd tM 6bt~ hK~by rnaied sh~ll awt~ and b~ nvll and void.
R!S UN~ERSTO00 tMt tM word Morty~por' whetha M th~ smpular a phn~l ~nywMn in this Monype, fh~Q bt sMgvbr if on~ a+ly and
shaU M phxal ioimty and s~vKally H mon tMn on~, and that th~ word "th~ir" as uwd ~nyrvlrre ~ thi~ JNortpap~ slwll b~ tak~n w m~an "hi~." "'lMrs,"
• or "its,"' wFwwN th~ oomact w implies a ~dmits. Abo, that wM~wa then is • r~i~renoe in Nw aovsmms and prNnNnb Far~in ooruain~d to ar~r of Qro
rM p~rfia lwew, tM wm sMll b~ oonatnr~d ro m~+n as we1L a tlw h~irs, bpal npra~M+tMs. wca~sors and usiprr (~ithM volu~n~ry bY ~d d fh~ o
p+rtl~s or kwdwd~rY bY opNnion of the bw) of tl~e wne and MMt 1he ao~r«w~n I+K~in aont~irMd sh~ll bind and tM b~fits and ~dvaiu+pa kwn ~~v
ro tM n~p~tM h~In. bW~ r~prys^tdiws. wcasson and avyro of th~ p~rtia h~r~ta ~
' Md safd Mwqapor~, fa tiwna~lv~s and_tFistr Mirb 1~D+1 r~praem~tivw, wooawn ~nd a~sipns. Iwr~by ioimly and s~vMaN~r aov«wM and sprN ~
eo ~nd wNh th~ Mid MORTGAGEE. its sucauors ~rd ~asi~rr:
1. To p~y ail aid ~iegular Hw prinetpal and ima~st and tlr vario~ ~nd s~xidry suiro of moMy p~y~ by virtw of s~id promis~ory noN. ~nd tH~
n+ortpap~, wt~ and w~ry. P~a~Wh on tM d+Ys r~spactiwiy th~ saene rtvtrdly b~ao~n~ dw.
Z Te p~y aH ~nd ~ N+~ ta~cas. aswaina~ts. Irvin. Ifabilirip, obliystions and «KUmb+nns d~vwy ~+tun and Ictnd now an Mid dMVib~d 'T'
prop~rty. w HMt h~n~fMr eeay be tmpowd wffa~d. v~+ad, le~?i~d. a~ MwnoA, a tMt h~rs~ffM m~r b~ Iwi~d a ~sNw~d upa~ thb Maq-
+p~, a th~ Mid~M~dews wa+r~d Iwrsbl?. ~eA and w~ry, wlwn dw and p~y+bM. ~ooordino to i~w, b~fon flry b~eam~ d~Ibiq~rN~t, and b~fon an~r MM~rMt ~
~nachw a anY Wnahp h incwnd: ANO INSOFAR AS M!Y 1HEREOf IS Oi RKORO TNE SAME SFfAII !E PROMPiIY SATISFIEO ANO CISCFIARGED Of
RKOR~ AND THE ORIGlNAI OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE. TME TAX RECEIPT OR THE SA?ISFACTION ?APER OffIG1AtRY ENOORSEO ~
OR CfRTIf1ED) SHAII ~E PIACEC IN THE HANDS OF SAIO MOR7GAGEE VYI?HIN TEN QAYS NEXT AfTER tAYAAfNTj ~nd M th~ ~wM tMt any tha~of Is no1
p~W, sst:sfi~d and diKharp~d qid MORTGAGEE nwy N u~y timt psy tM s~n» or ~ny pwt thN~ol withoW w~ivinp w~ff~ctinp ~^1/ ~4MM ~
dplM ueda a bp vktw of thi~ morry~pt wd tM f~ll arno~mt of each ad ~very such paymee~l ~hall b~ inrn~diat~ly dw ~nd payabM +~d ~ bw irMK~at
han the daN tM?wf umil p~id n.m of ewrw per untum pa ~ne~wn a~d toq~tlwr wirl~ wd~ i~xe.~at ~hall b~ wcw~d by tM IiM of th:s maptap~. .