Loading...
HomeMy WebLinkAbout0391 ~ J THIS INOENTURE, Abd~ ~i,. 13 t h d~y o~ .7111 y A.D. 19 b~tw~ James A. Whitehurst an.~ Matilvr~,Fv Whitehu~st . his wite of . Lucie , ~qinty fbrid~, Fw~~inaftK dttiyn~~ed ~s fM "MORTGAGOR," ~nd fIRST FEDERAL SAVINGS AND tOAN ASSOCIATION Of FpRT PIERCf. • capor~tion orpu~iz~d ~nd ~a~~~irp und~. ~M laws o~ tM Un;e~d S~aa of Mw~ic~ ~nd Mvlnp i» principal pl~u of b~+sirws~ In 1M Ciry of fw1 Pi~tq, St. lvti~ W~rety, FIaWa, Mr~in~fltr d~fipnat~d tFN "AhORTGAGEE:' WHEREAS tM MORiGAGOR p iwtly ind~bNd to th~ MORYGAGEE In tM sum of i----34-Tb04~~0--.-. ~ood and lawful mon~y of th~ Unittd Sqqt ~dvanc~d by tht MpRTGAGEE unto ~M MORiGAGOR, a~vidMC~d by ~ csrfain prom~ssory not~ of evtn d~t~ htr~with, of which tM foltowinp G? word~ w+d fipurN b• tni~ copy. fowil: = 34 ~ 600. 00 ~ " , Fon Pi~rc~. flaida. Jul~ 13 , 19~Z • . fw valw r~teiv~d, 1, we, a~ithe? oi us, promiie to pay, w~thout defalcation, to tM adN o( FIRST iEDERAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE ~t Fort Pi~rc~, Flaida, tlN ~um ot t 34,600~~0 w;th interest (rom dat~ tlw rat~ of ~•~5 ~fi p~r ~ru?um, in monthly ini?allments as fdlows: 3$5 00 on ~he 1Mh day of SPetember 19 77 ~nd ~ tik~ wen on rhe corr~spa+dirp day of esch month the~e~itK until the whols be fully paid. Esth intt~llmeM fin~ shall be applied i~ payment of the interes? and then on ~he unpsid b~larxe of ths princip~l wm. If de~ault is made ~n ~M p+yment of ~ny inital~me~t when dw, and such default conti~uti 30 days, tMn at ths option of tM holder, and without any otMr notice, all N~e remai~irp i~ntallma++ts shall bs dw and payable at oncs. P~ivile9e is yiven to prepay this note in whofs d in part ~t sny time witho~t pe~+lty. NeitMr fwbearante. na accepa+rce by ~he holder the.eo( ah~r r?y d~f~~lt in ~nY MY^~^~ M~eon, sh~ll b~ d~~med ex~eroan. A late paym~nt charya of = 24 • 25 shall be assesud tM 2bth day of the month, if a r~yvlar businest day, w, if not ~ rpular b~sinea~ day. then the n~xt b~sineu dsy. on each monthty in~tallment ~o~ tFwn nuiwd. E~ch maker. swety and endorser hereof. jointly and severaNy, waives demand, prss~ntment prote~t snd norice of p~aKt for nonpaymaN. ~nd fu~the~ sprees to any extension of tims of p~ymcnt, ei~her betore w aher maturity, wi~hout notice ro~ny of us; ~nd to pay afl cosn of colkctio~, includinp • ~ea~onable anom~y i fe~ in the event of ~~y default herevndd, ~nd he.eby sever~lly waives ~II benefit of homettead ~nd eaemption under ~h~ oonstitution and lann of euh Sut~ of tM United St~~es, ~i ~yains~ this obligation w any extsnsion or renewal hereof. ~ . (SE/?L) S James A. Whitehurst ~~A~~ sta» dotumentary s~,~ +ma,~~ S Ma r i 1 y n F. M1h i t e hu r s t of ~ are - affized to tM mo?t~a~ s~cvr~d ~her~by (SEAI) NOW, THEREFORE, tM JNORTGAGOR ia tM purpos~ of.Nqxinp p~yment of s~id sum of ; 34 , 600. QO ~ cov~en~nb and apr.ema.~n h.r•inaher expreased. and ior diwn Qood and wlwbl~ co~+side?ations, by tMs~ pr~s~e+b, do~s prant, baryai~+. sell, r~mise, release, we~wy snd tonfirm w~M tM MORTGAGEE, its suueuws u~d +uiyns, •11 tMt cutain bt, piep or puoel of I~nd, situat~, lyinp, ~nd btlnp in 1M ~ St . LuCie .,,d St,r. of Pb.ida, d.wib.d u idlowa: Lot 3 and the West 36.06 feet of Lot A, Block 14, MARAVILLA TERR4CE SUB- DIVISION, according to the plat thereof on file in Plat Boak S, page 50, of the Public Records of St. Lucie County, Florida,~ ~ By agreement of Mortgagor and Mort~agee on file with ~ ~toYtgagee, the' within mortgage secures not only an existing inc:ebtedness, but also ADVANCBS to be t-iERE~ _ after ~ady by Mortgagee to M~rtgagor the aggregate of which will equal the pzincipal amount specified in the promissory note secured hezeby. I ~ ~ ' K ST~ rc_-:.:=-F-LO~ID~'. ~ - - ~O~UME~~AR~T, STkr,AP ;r,~ ~ ~ M ~ , ; uF r~VEHuE :'-~j:.~.. - q. ; ~ ,~E~~~ _ i ~~~;t~vf.: ~N YAYMFm cx rwc~~ f . : _ - "~-'.'••t•~~ u.c 1i~'13v .~,"AHGIHIE PER501tiJ!1 PROPfRT: . ~ ae ' -;h_;~ 5 I. 9 0 I cw~ s - ~ o P(j~ilrl[~il i:; :j•',ER 71•134, ACTS OF 19)l. itOCER POITitIIS € ~.EPJi CIfiCUIT fl0ltQT, ST. WCi~ ~ . rogether with all and sinpvlar tM bn~m~nb, hereditam~nts and spp~runces tMrwnto b~{orgup a in ~nywi~ ~ppKtaininp tMr~ro, snd dl nnts, iawes, procee~s ~nd profits scvuinp and to uuw from said premises. •II oi whid+ are includ~d in th~ abaw and fwpoinp d~sniption and h~b~ndum. TO HAVE AND TO HOLD tM ~bow desuibed ~nd 9ranted premiw~ unto th~ said MORTGACEE, its woc~swn ~rd auiyns forwa. Md th~ saW MORTGAGOR for LF1@ lY Iwin. ~xacwws. ~dminisrr~tws ~++d auipns. I+er~by ~~b with Nw ~aid MORiGAGEE. Hs suoceston and thatt ~~~?Zp lawful ssizsd of th~ Mid ~ ly premis~s in fp ~impl~t tMt tFr s~m~ ~r~ frN, ctw u+d di~cha~d from all liem and «+cum~ brances in law or k? puity, and tFrt they their Min sMll warr~nt ~nd deftnd th~ tNl~ to tM sarne to the wid h10RTGAGEE, its succesiors and ~uipm. iwww ~painst tM lawfvl clairro and dem~nds of ~11 perswa~ PROVIDED. AlWAYS N»t if t!w MORTGAGOR sh~ll p~y unto tM MORTGAGEE tM promiuwy rqN,lwr~'w~befori d~saib~d ~nd sh~ll ttuty, prompfly and fully pKiany discharpe, ex~cut~, compt~t~. complY witl? and sbide by each and every th~ stipulations, ayr~em~nts, cond'nioro and eowMnb ef iaid ~ promi~f01)/ 11ON and of this AAortyape, then thb Morryape ~nd the' Estate h~reby ueated shall uu~ u~d b~ null uid v~oid. ` IT (S UNDERSTOOD tMt the word "Mortqapw" wF+tther in th~ sinpuiar ar plwd anywl~~ irt this Mat9ap~. ~haN b~ sinpulr ff on~ only ~nd ~C` ~ zhall b~ plwd 'pintly and sevtrdly N more tlw~ one, snd that tF~e word "the'r" as used ~nywMr~ in this Mwtpap~ ahalf b~ t~kN+ ro me~n "Ais," "h~n:' ose ~ or "its." wh~r~ver tM cont~at w impli~s or dmits. Abo, that wher~ver fher. is • refereeK. in tM cov.nann and ap..emenn her.in conrain.d a a~y of x ~ ~he p~rti~s hN~to, th~ saent ahall be caatrved to mean ~s w~ll s tl+~ h~in, k4a1 r~pr~sent~tive~, wa~tson and utipm (eitfwr volw+tary by ~ct of th~ ~ ! partiq o~ involvmary by opMation of tl» law) of th~ sa~ne and tMt ~he cova?~nn FKr~in conuined shall bind and tM bxwfit~ and advantapq trwr~ ~ ~ ~o tM nsp~ctivt Mis. Ipal r~pnsenutiws, wu~~son ~nd au°pro,of th~ puti~s h~reta ~,y ~ Md sstd 1VAwt9pws, fa themi~lvp and tFNir hein. Ipal r~pres~nt+tiws, suu~siors and ~uipm. Mreby jointly and wwrdly covenam snd prN to a~d with th~ ~aid MORTGAGEE, iu wa~sson ~nd astiqnt: ~ i. To pay all ~nd sinpular th~ principal and iot~rest w~d th~ wrian and ~undry wms of mon~y paY~blt by virtw of s~id promissay not~. ~d N+is mortflp~. ~ach ~rd w~y. PromPtN on N» day~ re~pectiwly the ~ kwrdly becar~e dw. ~ ] i Z To phr di a+d sinp~rlar th~ qaa. ~si+sun~nt~. Iwies, li~biliti~s, obtgations and ~ncumbr~ncM of twry ~atvr~ u~d kind now o~ said d~wib~d ~ P~oP~?b, or that h~reafar m~y be Ynpoud, wffK~d. P~+ced, bvisd, a aisesud tl+srsa~, w that Mr~~ft~r may b~ Iwi~d a pw~wd ~rpon thi~ Morq. aQ~, or tlr M~d~bt~drras s~tw~d he?~by. ~ath ~nd w~ry, whM dw and payabl*, xtwdinp to law, befa~ tFwy btcorn~ d~finqwnt, and btfor~ any In»nst artsches p any p~Mlty is intw~edj ANp INSOFI,a /3 ANY THEREOF IS Of RKORD THE SAME .SMAII dE PROMPTIY SATISfIED AND OISCHARGfD Of RECORp AND THE ORIGINAl. OfFIC1Al'DOCUMENT (SUCM /15, fOR INSTANCE, THE TAX RfCE1PT OR ?ME SATISFACTION P/1PER OffICIAILY ENDORSEO OR CERTIf1EG) SHAtI SE PlACEO IN 1ME ~tl1ND3 Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; ~nd in ti+~ w~nt that ~r~y M~nof ia no1 pa~d, sat:afiad ud discharq~d ~aid MORTGAGEE rnay a~ any Yan~ pay rh~ sam~ w~ny pa.t Hrcreof without waivirg a~ff~ctinp any option, liw+, ~quity a •tqht ~xidK or by vi~tw pf thia mortya~e and the full arnou~t of eacl+ ~nd wery wch payment shall be immediately dut ~nd payabb and slyll bNt iMK~at ~rpn th~ daN fhN~Of until p~id at taM of nine per untum pe? •rnwm ~nd rop•~her w~?h such ~me.nr ih.ll be secv.ed by tl+~ lien of rh's mo.qrp~. _ . r_. ~ _ _ - .'"3,'~ •