HomeMy WebLinkAbout1080 1 ~ i : ) i l
THIS INDENTURE, hlada tha ~a • dey of__~flllllfl A.D. '.9F)U behveen
_ _ ~i~~am L_,__B~i ~y and Loi~_S. Baile~_his wiPe
of St . LUC 1Q CouMy, florida, hereinaiter designated ns ths "h10RTGAGOR," and CIiIZENS FEDERA~ SAVINGS ANU LOAN
ASSOClATION OF ST. WCIE COUNTY, a corporation organized and existing under the laws of tha United Siate; uf America end having its p~incip~l pleta
of business in the Cit,~ of Ft. P(erce, St. luc~e County, Florida, hereinafter des~gnated as the "MORTGAGEE".
WHEREAS the h10RTGAGOR ~s jusily indebred to the MORTGAGEE ~n the sum of s-.1_~QQ_~.QQ__, good and lawful money of ~ha United
Statrs advanced by the MORTGAGEE unto the MORTGAGOR, as evidented by a cer~ain promissory note of even date herewith, of which the following in
words and fi ures is a hua copy, to-wit: =
~ . oo _ No. 32~1 - ~
Ft. Pierce, floride January 20 = ~ 19 UV
For va~ue received, I, wa or either of us, promise to pay, witho~~i defalcation, to the order of CITI2ENS FEDERAL SAVINGS A LOAN ASSOCIATION
i ~nn nh '
OF S1. lUCit CiJUNiY, ai Fi. Yierce: rierida, ine su~~~ oi ~ wiin 1llt2rc3T ircrn daiE st i;:c ~s;~ 'vS ~'y.. ~:.:i:::, E:-~
momhly instailrnems as follows: S 1~ 7~ on the ~.Othday of-F~°r~12'UAI'~~__, ly~and a like sum on the 1
corresponding day of each month thereafter until the whole be fully paid.
Each installment first shal; be applied in pay~nent of ihe interesf and tt~en on tne unpaid balance of the principal sum. If defaull is made in the
payment of any instaliment ~vhen due, and wch defauh conlin~es 30 days, then at the option of the holder, and without any other notice, all the remaining
instal~ments shali 6e due and payabla at once. P~~vilege is given to prepay th;s note in ~nrhole or in part at any time without penalfy. Neither forebearance,
nor acceptance by the holder lhereof aiter any defa~it in any payments hereon, shall be deemed extension. A late payment charge of S~, shall be
added to each ins.allment remaining vnpaid 14 days alter its due date, and a like sum shall be added to each such installment remaming unpaid 14 days
after each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentme~l protest and notice of prote~t fo~ nonpayment, and furlher
agrees te any extension of time ot payment, either before or after mat~rity, withoul nol~ce to any of us; and fo pay all costs of colladlon, intludinfl a
reasonable atto~ney's fee in the even? of any default hereunder, and hereby severally waivei all benefit of homesteed end exemption ~ndct the conttlt~llon
and laws of each State of the United States, as againsl this obliga~ion or any extension or renewal hereof.
Witness the hand and seal of each party.
s i 11 ism L. Bsi le ~Se~u
s Lois S. Bai lcy
~~i~
~ 2 . 2 5 ts~nu
( ) State Re~enue
(Stamps cancelled on original note)
NOW, TNEREFORE, the MORTGAGOR for the purpose of fecuring peyment of •aid ~um of f 1~ 5~~ • , and fhe pa?formsnte of fha
covenants and agreemenls hereinafter expressed, and fo! divers good and valuable contiderotions, by theie pretenti, doet granf, baryain, sell, remi~e,
release, tonvey and confirm ~nto the MORTGAGEE, its tuccessors and eiiignt, all that cerlein lot, piece o~ parcel of land, ~ituate, lyiny, snd beinp ln 1M
County of --s~~~-Lu~i~ _ , and Staie of Flarida, desaibed as follows:
Lot 29 of MARAVILLA QARDENS, UNIT # 1, as per
plat thereof on file in Plat Book 6, at page
55, of the public records ofl St. Lucie County,
Florida.
This is a second mortgage sub~ect•to a Pirst wortgage
~
x to Citizens Fefleral Savings and Loan Associa~ion oP
- w St. Lucie County in the a~ount of ~25,000.00 dated
F-~~ J
" September 24, 1965 and filed in O.R. Book 127 at
~ ; page 325 of the Public Records of St. Lucie County,
aQ`~ i~ 'w` FlOr3d8.
`W~ cn ~ 4
Q' Q L7
4~ v i~
m ~ Y
The Lender hereby agrees to release Por the borrar~era
7 _
~ fro~ the above deacribed property any or all lots
" de~cribed on the aketch of ss~id
o~ y Q u~~ property, said sketch
4.~:~- ~ b e i n g a p r o p o~ e d p l a t o f L o t 2 9, M A R A
V I L
L A Q A R U
E N S U
N I T
i. x ~
~ 1 upon the payaent oP ~ 1250 .00 for ezch oF said lots,
w;~~; except for Lot No. 1, aaid Lot No. 1 being the West 140
4~ _
feet oP said Lot 29, and upon the payment oP the s~id
?~a v -
w~v 1250.00 Por each oP those lots desi n~ted as Lots 2
8
c, ~
w~= through 13 a proper release rrom thia a~ortgage will be
execute~i by the lender but auch releasea shall only
be 6iv~n so as not to deatroy the contiauous character'
oP this prop~rty.
~ ~ i~l k vr ~rLUF-li~J:°~
~ ~ DOCUMENTAr`'_ STA;~IP TAX
~ = JAH2O'65 ~i.3',j~i ~ ~ _
a = ~225=
~/3 V CCM?TFOLLER
i c t oF:~.~,:% -
f~R 1.Ct.3 . _ - -
's
~ together with all and singular the tenements, hered~taments and appurtances thereunto belongin~ or in a~iywise appertaining thereto, and ell rtntt, tts~et,
proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing description and haband~m.
TO HAVE AND TO HOID the above described ar,d granted premises unlo the said MORTGAGEE, its ~ucceisors and assi~ni forever. And the t~id
MORTGAGOR for - heirs, executors, administ~ators and assigns, hereby covenants with the said MORTGAGEE, it~ tuccessai and astigni, ~
that lawfully seized of the said prem~ses in fee simple; that the same are free, clear and discharyed from all Iteru snd entvm- =
brantes in law or in equity, and that ~he~ will and their heirs shall warrant and defend the iitla to the seme to the said
MORTt'iAGEE, its successors and assigns, forever againsl the lawful claims and demands of all persons;
PROVIDED, ALWAYS thai if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbe~ore detcribed nnd sh~ll truly, promptly
and fully perform, d~scharge, execute, complete, compty with and abide by each and every the slipulations, agreements, conditions and covenantt of ~+id
promissory note and of this Mortgage, then this Mor:gage and the Estate hereby created shall cease and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this-Mortgage, ihell be singular if one only nnd
•hall be plural jointly and severally if more than one, and that the word "their" as used anywhere in thit hlortgage ihall be taken to mean "hl~" "hen;'
or "its;' wherevet the contexl so implies or admits. Also, that wfierever there is a referente in the tovenants and agreements herein contained fo ~ny of
the parties hereto, ?he iame shall be construed to mean as well ss the heirs, legal repreienta~ives, successas and assigns (either voluntary by act of tM
~ parties or involuntary by operalion of the law) of the same and thal the covenants fierein contained shall bind and the benofits and ~dvantayst inur~
to ihe reipedive heira, legal representative:, svcceisore and assigns of the pertias hereto.
~'~RY~.36 4 ~
4 - ' ' '