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HomeMy WebLinkAbout0083~~ n. a. ~~ I~d.%F ~~ a~J:n 26th October __ THIS {NDENTURS, Mada the_- _---- day of -_ ~ ~i..D. 19 62, between __.~3?_l-i~x~ ,T. Pdnore~nci ?•Sildred I.1~___t~I~are~ hi-s wifR _ __ of Jt: • Ll1Ci8 County Florida, herelnaftar designated as the "MORTGAGOR," end FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of fOki PIERCE, a corporation organized and exialing under the laws of the United Stetas of America and having ih principal piece of business In the Crty of fort Pierce, St. Lucie County, Florida, hereinafter designated as the "MURTGAGF~." WHEREAS the MORTGAGOR is jusNy Indebted to tha MORTGAGEE in the sum of 5-~-~-1~V •"JQ- ,good and lawful money of the Un;ted States advanced by the MORTGAGEE unto the MORTGAGOR, es evidenced by a certain promissory note of even date herewith, of which the following in words and figures is a true copy, to-wil: 10 677 Fort Pierce, floridec ?6 OC vOb°Zs ~,_Tq 6~ For valve received, 1, we cr either of us, pramiee to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS ANfZIOAN ASSOCIATION OF n FORT PIERCE at Fort Pierce, Florida, sf,e sc-n of S- yy.,,1~n~~ ~ -- with inter~s~from da'e at the rate of -6 ;- P+r annum, :n monthly irstaib menu at follows S- on the 1~~t1Aay of December Iq_-_- and a like sun on tha corresponding day of each month tnere- aiter until the whole be fully paid. Each Installment First shall be applied in payment of the interact and then on the unpaid balance of the principal sum. If default is made in the payment of any installment when dua, and such default continues 30 days, then a7 the option of the holder, and without any othh rgtica, all the retraining installments sh,sll be due and payable at once. Privilege rs given to prepay this note in whole or 'n part at any time witF.out penalty. Neithw iorebeerence, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment c~erge of S_?'~~, shall be added to each installment rertraining unpaid 7 days after its due deco, end a like sum shall l,e added to each such installment remaining~npaid 7 days after each wcceeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, p _sentmer,~ protest and notice of protest for nonpayment, and furrhe• agrees to any extension of time of payment, either bafore or after maturity, without notice to amy of vs; and to pay all costs of collection, indud;ng a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all henefit of homestead and exemption under the constitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. - Witness the hand and seal of each party- (SEAL) . S ~ i . &ttl ~ • C Ore (SEAL) :'.i. re i.• 'JOOrB _ (SEAL) (SEAL) ( ~ • QQ )Slats Revenuo (Stamps caaceiied ore diginal note) ~ :~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of sid sum of S_ s ~ ~ a ~' ~ ,and the performance of the covenann •rsd agreements haninafter expressed, and for divers good and valuable considerations, by theca presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, end being in the County of _-titre-~+~=~----- and Slate of Florida, described es follows: L,ot 1 Flock 117 unit 11, t,aiccwocd Pa:•k Subdivision, :~ccordinJ- to tie irlfat 't'hereo`' As racord~>ci in Plat :'.ook 1i fTt Pares 3?~~, 3?"?, ~?C, 3?? of trio ~'ublic records of St. Lucie Cet~r.ty, i~lorida. 1 Oil ~I;t. -- c;l H,:}t.i.'~It Uf !;k~i rlt)a S ~~ IiaH -Iu:e (- CIIrr~~ L~ FI,,; - ,~ ; , , .' tv lax vullector, St. Lucie Co ii it F! ~ together with all and singula- the tenements, f~ereditaments and appurtar,ces thereunto belonging or in anywise appertaining thereto, and ail rents, issues, proceeds and profits accruing and to accrue fror,. said premises, all of which ara included in :he above and foregoing description end habendum. TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said MORTGAG ~ f -j+~''-j-r---- heir, executors, administrators and assigns, hereby covenants vvith the said MORTGAGEE, its successors and assigns, that ---~~~ lawfully seized of the said premises in fee simple; that the store are free, clear and discharged from ail liens and encum- brances in law or in equity, and that}"t1»>~ v.•ill and t..'~Fs•ir heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and auigns, forever against the lawful claims and demands of all eerscns; PROVIDED, AL~'JAYS that if the MORTGAGOR shall pay unto tht MORTGAGEE the promissory rote hereinbefore described and sh::ll truly, prpmptly and fully perform, dacharge, execute, compl_te, comply with and abide by each and every the stipulations. agreements, conditions and covenants of said promissory note end of this Mortgage, then this Mortgage and the Estate hereby created shell cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural any.here in this Mortgage, shall he singular if one only end shall ba plural jointly and severally if more than one, and that the word "their" as used anywhere in this ASprtgage shall be taken to mean "his," "hers," or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants aIIJ agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, wccessors and assigns (either voluntary cy act of the parties or invo!vntary by operation of the law} of the carne and that the covenants herein contained shall bind and the benef~ts and advantages inure to the respective heirs, legal representatives, successors and assigns of the parties hereto. And said 1l.ortyagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree to and will, the said MORTGAGEE, its successors and assigns: 1. To pay ell and singula- the prindpal and interest acrd the vanow and wndry sums of moray payable by virtue of said promissory notu, and this mortgage, each end r~ery. Promptly on IhE days respectively the same severally becoT~e cue. 2. To pay a!I and singular the taxes, assessments, levies, liabilities, o~ligations and a:ncurnbrantes of every nature and kind now on said desvib~d property, or that hereafter may be imposed, suffered, plated, levied, or assessed thereon, or that hereafter may be levied or assessed upon this Mortg- age, er the indebtedness secured hereF,;, each and every, when due and payable, according to Isw, before they become delinquent, and before any interes! „n. alias or any penalty is incu^rd; At.D I`JSOiAR AS AtiY THEkEOF IS OF RECORD THE SG.lhr SHALL 9E PROV,PTLY SP.TISFIEC A^JD DISCHARGED OF ?E;,O?D AND TitE C'"'~;'.,;L OFiICIAI D~CU;t:':T ;SUCH AS, FOr2 INSTANCE, THE TAX RECEIPT OR TH_ SATISFACTION PAPER OFFICIAU-Y ENDORSED OR Q2TIF!FD} SH%•LL PC PiACEp I'J iH: HA`.DS O` SAID f.tORTGAC`_E VyiThl.`J TEN DAYS NEXT AFTFR PAill~f'JT; a,:d in the event that any th^recf is not -;U s,'sticu rd J.-- ,,} sad :'O^niGP.GFE may at any t:~•e pay the same or any part Cher...of :without :,awing er aftectine any option, lien, equity or ri~M under pr by +i n. ~ _: ri,!s ^,octyage .:nd ilia full amount of each a~•,d every such payment shall be cmmed~ately due and payab!a and shall bear interest `~qm the date th.~eor . ?ti' pad at rat.: o'r n~n± per centvrn per annu•n and toy~ther wih sue;-. interest shall be secured by the lien of tha morgtaye.