HomeMy WebLinkAbout0021 ' ~ 3938'~'~ 7"
i~E~~ ~ ~i~ 13th Februaiy ~p. ~y 7H
_ L. A~ams and Nan K. Adams, his wife
of SL. L.i1Cl@ C~y F~~ ~~p« t~ ~M "MORTGAGOR," ~nd FIRST iEDERAI SAVINGS ANp IOAN
A55pC1AT10N OF FORT ~IERCE. • oorpw~tion o~nit~d ~nd ~aia~w~p v~~M fh~ bvin oi t!w Un~r~d S~ass of An»riu ~nd h~rinp ib prMcip~l pbq of
D~+w+MS M1 th~ Ci1y 0! Fort Ibra, b1. L~ti~ County, FIa1d~. Iwr~tn~h« d~spna~~d a~ tl+~ "MORTGAGEE:'
WHEREAS tl» MORTGAGOR y ~wMp ind~bqd w ~M MORTWIGEE In tM ~um of = 9;000. O~ ~ ~y~
Sfat~s ~dv~~c~d by tM lNORTGAGEE w~to th~ lNORTGAGOR, w~d~nc.d by • un~~n prom~swry nor~ of ~vM day 1»r~witly d wh;tA !M bllwri~ h
wad~ ~nd fipwM N~ bw oopy, towit:
s9,000.00 ~01-23025602 _
F~.~, Pieres. .io.~d.. Februar~ 13 . 197~i
Fo~ v~iw ~~c~iwd. 1, w~. w~~tMr ol v~. promiw to p~y, w~d+out delalcanon. to rM ade~ of fIRST FEDERAI SAVINGS ANp IOAN ASSOCIATION
Of FOR~ PIERCE ~t Fort Pian. Fbrid~, tM ~wn d i9 a 000 • 0O w,~h ~n~er~~~ from dat~ rhe r~n of 9 % pK ~nnuen, in
monshly in~t~tlrrKM~ fdlows: i91 . 2~ on tM 101h day of A~pr i 1 ~q 78 lika swn On
rhe co.respw~dir+p d+y of ~ach ma+th th~reahK wuil the whol~ be fully p~id.
Each in~~allm~m tint •hslt b~ ~pplMd in paymem of M? in~~rnt ~nd N~ on tM unpa~d bd~nc~ of tM principal ~um. tf d~fauh is inad~
~n rhe payment of ~ny inu~{~enMt wA~n dw. snd s~ch d~(auh contlnws ]0 d~ys. th~n ~r tM opf~on of th~ hold~~, ~nd without ~ny ot1+N notics.
all the ~emaini~q in~tallnwnla ~h~ll b~ dw u+d pay~ble at once. Vrivilp~ i~ Qivtn ~o paepay ~his note in whol~ q in p~rf ~t ~ny tien~ without
pe~alty. N~~tlwr forb~~ranct, nor ~cc~pta~ by the holdM Nwwf afM any d~f~vlt ~n ~ny psyrttent he~~on, sMll b~ d~ned •itHUion. A I~a
paymenl cfiar9~ of f 4• 56 shall be aueued tA~ 4MA d~y of N+e ma+~A. N• ~eq~lar bufinfN day. a. if not a nyul~r butieNU d~y, _
rhen rfie ekxt buun~a d~y, on ~ach monthly inst~llma,r ew~ M~n naiwd.
Esch maker. ~unry ~nd N+done+ I+~r~of. joimly and serrraA~r. waivp de~und. p.esenrme~f profpt ind noria of prwqt fw nonpaymeM. ~nd
furthe~ ayros~ ~o any ~st~n~ion of tirn~ of p~yrr»nt, e:~l~r b~fa~ or ~hK maturity, wirhw,t not~c~ ro •ny of w; and w pay all cwn of tolkaan,
~~c~uding ~ reaso~~bN ~norney's fh in tM ~vent of ~ny d~fault Ae~wndN, and he~cby sevaatty w~ire~ •II b~n~fit of ho~tustead a+d ~xee~fion und~r
~he mn~titwion and f~ws of ~ach S~~t~ of th~ United StaUS, +f ~p~~n» tF?_n obliy~twn w eny eaten~ioa a re~?~wal M~eof.
_ s/E. L. A~ams ~i~
S+ere documentary Uunpt in t!» ~mount ~l)
V; ~ Sn s ~fan K. ~dams
effixed to HN mWtysp~ Ncv~~d hMlbY• ~at~i3
NOW. 7HEREFORE, ~M IYWRTGAGOR fo. rh~ purpose of secvr;r+p pavrnem of s~~d :~m of = 9;000. 00 ~ o; ~
coven~nq ~nd preemu+b Mr~in~ftK ~aprea~ed. s+~d fw d~ven 9ood ~rd v~lwak consi~lrraGoes, by tF~ pr~sa?te, do~~ pruM. p~~pdn, NIt, hmise.
rele+s~, ca+v~y and ean(irm uob tM MORTGAGEE, iq ~uccessor~ ~nd ~»pns. etl thar cerr~~n bt, pisu o~ puul of land, situNS. IYiny, w~d b~G+p in t!w
ca,nty of St . Luc ie «,d stn. of F~ond+, dew~e.d talow,:
A21 of Lot 4 lying &ast of Pine Street (now South Second Street) of ANDREWS b
RICHARDS RE-SUSDIV7SION, as per plat thereof'recorde~ in Plat Book 1, page 199, -
public records of St. Wcie County, Florida, as shownon plat of extension of
Pine Street recorded in Plat Book 2, page 24, public records of St. Lucie County,
Florida, excepting, however, the right of way for the public street knovrn as
Indian River Drive, now locate~ on and running across said lanc?. '~ogether
with all submerge~ lanc? an~ riparian rights appurtenant thereto.;~
. ti
By agreement of ~fortgagor an•? Mortgagee on file with Mortgagee, the
within mortgage secures not only an existin~ indebtec?ness, but also ~
ADVANCES to be HEREAFTER marie by bfortgagee to Mortgagor the aggregate
of which will equal the principal amount specifiec? in the promissory
note secure~9 hereby.
~ a.o~ ~ oo ~k aT.eo..
, . , ~'v G 1 ~ ~ ~ ~ . ~ , ~ ~ ~L1~ V~. V~w~ ~V ~~1
~ - . . ~t ; _ - - - ` q~„~10t~v/~~/~~• ~~'~?~01 Q
: ~ ~ - ~ - _ J G = _ : .:a.:: 1 V . V V ~ R{/~i~ ~ I / .
r. ~ L1M1t C.~Ctlyt COWT. $1. L11CM~ (
o ,
~ogerher with all and dnpulK tF» ~nta, her~dit~ments snd spp~nt~nces M~+eunto belorping a i~ ~nywiw ~ppnt~iednp th~rNo, a~d ~11 r~ny, h~ws,
n~~xecil~ ~nd profit~ ~cuuinp a+d to accrw hom wid pr~m;NS, •tl of which are inclvd~d in ~he ~bo+a ~nd fapoinp dMCr{pffon a+d h~b~nd~Kn.
TO HAVE AND TO HO~D tM ~bow dac?ib~d s+d p~a,t~d p~mi~ unfo rM wid MORTCsl1GEF, in wcuswn ~nd qslprn forww. Md fh~ w{d
~.spRiGAGOR fw t he 2 r ~~tr~ton and ~ugra, her~by coven~nts with the pid AAORTGACsEE, IM wa~ors u~d aNlpr~,
,hdJ _they are I~wfully wi~d of tM ~aid pr«nisa in fN ~~mpte: tF»t tM ~am~ ar~ frN. cl~~r ~nd diuharp~d iran dl II~ ~nd ~+cw~?
~.~e~ces in I~w a in pui~y. ~nd that thev will ~ed the ir ht;n ahall wsrnrN ~ed d~fa+d tM titl~ w th~ wnM p th~ wid
M:nRiGAGEE_ ita avcu~w~ and ~ugey, forfwr pafnsr th~ I~wfvl eAim~ ~nd d~m~nd~ ot ~11 perwro;
PROVIDED. AIWAYS th~t if tt» NWitTGAGOR sA+t1 p~y vna Nw AAORTGAGEE tAe p.an'+uo?y no~~ Fwr~inb~for~ d~su~d ~nd ~MII truly. V~a~h
e~d fully p~rfwm. diuM~, u~cvt~, tomPi~f~, wmp1Y with ~nd ~b~de by esch a+d w~ry Nw stipvlationa, ~p?~~s, eondltlorn «+d eown~nb of wid
; ~o~„~siory oor~ and ot ti~is Mat9ap~, tMn thM Mwpp~ ~nd tM Eat~t~ hn~by asat~d sM(I a~N ~nd b~ iwll srd void.
IT tS UNDERSTOpp th~t th~ wad "Mortypa" wh~tht? in th~ tirqular a plwd snywh~r~ in this Mwtyap~, a1NU b~ sMpuln If oe» only ~nd oc
,h,u bs plunl joimy ~nd NwnlFy If mon than on~. Md tMt the wwd "thei." us~d ~nyvvha~ in thia Matpp~ shdl b~ t~k~e to en~~n "hb" "lws,"
•~~n:' wMrev~r th~ com~t w impliN or admi». Abo. tMt whNw~r ther~ h~ reterenc~ in tM covN+snt~ snd pr~nt~ MrNn ooM~irNd b u~y ol ~'k'
~he p~.tie~ her~to, tM sa~ ~IwN b~ con~trwd ~o nN~n p wdl N tM Irirs. Ipd rspres«,arives, wcceuon and ~uip,r (dtMr volum~ry oy act of th~
~~a~~~es w involuntnY bY opM~tbn of th~ law) of rlw unr w+d that rh~ covenann M.~i~n conain~d ~II bind ~nd tM bwwfits ~rd ~dv«+tpN kwr~
~o rh~ re~p~ctiw Min. Ipd r~pr~m~riws, wocwon ~nd w~pns of tM partws Iw~to. +
And taid A~4ortypa~. ~or thrmwlv~s ind thrir IKin, Ipd ~epresentarira, wcceuws ~nd iupns, h~r~by jointly ~ed wva~lty aov~M a?d pr~t
end with fM s~id MORTGAGEE, itf wcpiw?s ~rd auipna: ~
1. To p~Y ~tl and .~~,tu +t,. P.~,crp.i .~a int~rnt ~nd th~ wrw~s ~nd sund~y sum~ ot mon~y p~y~bl~ by virtw of uid promiawry nob, p~d thlt ~
•:~,.~e. e~ch ~nd wery. aomP<<Y on Nr d~y~ risp~et~v~iy NN s+mr s~v~r~11y bscame dut_
2 ~o pay •II ~nd Nt1qYIM fM ta~c~s, sswtf~ntt. I~vits. Gabili~,ea. obl.y~ron~ ~nd ~nc~.~br~ecsr vf wery r?Nur~ ~nd kind rtow po ~aid dNCtlb~d
?y. o~ th~t Mre~htr m~y be ~mpos~d, wff~nd, Pl~ced. I~v;~d. or ~wetsed ifNfl0~1. Of rhi~ here~ito~ may b~ I~vi~d or qw~s~d vpp~ ti~ Mw}~. ~
it• ~rw~u~~dnt~s ~ecur~d 6ertby. ~ach ~nd ~vNy. wh.o dw •~+d pa:•bre. .cc.,~diny ta J~w, 1,efw~ rhi~ becomt dslinqutnt. Nk) b~for~ My inl~rNi
~a w•n~ pen~Ny is ineurred; AN~ INSOF/1R AS ANY TMEREOF IS Of RKORO THE SA/hE S?IAII 6t PROMVTIY SAi15fIE~ AND DISCFIARGEO OF
-r:c.KU AND ~HE ORfGINAI OFFlGIAt OtKUJNENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAiISFACTION PMER OfFICfAUY ENOORSED
R CERTIFIE01 SltAll dE iUCEO IN TNE HANDS Of SAID MGIRTGAGEE W11NlN TEN OAYS NEXT AFTER VAYMENT; ~nd in t1» ~vMt 1lyf ~np tlwp/ N nol
a ~~r ~Led ~nd d;sthNq~d N;d MORTGAGEE m~~ ~t ~ny time p~y ti+~ s~nv w any pa?t tMreof witlqvt w~ivinp w~ff~ctinp ~ny optipn. Ii~n, pui~y p~
;,nder a by vi.!ve of thi~ mort9p~ •nd tM fvlt •~+oum o1 e~ch •nd ~very ~~A p~yment sh~lt ~ immediat~ly dw ~nd pay~bl~ N'Id ~III~I ~N {f11NN1
rhe dau ~hereo( until p~~d s? nt~ of nin~ p~r c~nrvm p~r •nno~., •~d ro9eth~. vr~~h s~ch ~n~eres~ •n.ll tr~ ~ec~~.d by ~iK li.n o4 fh.• mwptap~.
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