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HomeMy WebLinkAbout0304;. ~~~ t2 ~~' t!'?'t s. i''f~.f~a~ THIS INCEN~URE. Made ttu-.2_'j day of ~ GV F'mft ~~ r _ A.D. 10_ ~ "' batwtan ----------- _Jo9~r~t1 P'~oni an~i L31Ar~~-!~~~r t ' hew f'f~~---- - of _ _a ;,-._L)1~ Ls? County FI«tda, htrtlnafter desfgnattd as Ih• "A'.OdTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCi,1T10N OF FORT PIERCE, a corporation «~anlctd snd •xiHing undo tM la'M{ of tM United Stotts of Amtrka end having In *ulrwipal piau of b~sn.ess in the City of Eon Pierce, $t. lucit County, Florida, Mninafgr dtsignated a tM "MURTGAGEE." 1tiHEREAS the MORTGAGOR is juUly indebted ro tfu MORTGAGEE In tM sum of Z~_~.~.~---, go«f and lawful money of the United Statrt ad~u~,ced by the A'CkTGAGEE unto the MORTGAGOR, at evidenced by a ctrtvln promiu«y note of even d.ts Mrtwith, of which the followi^g in wr, ds and (iguret is a true copy, to-wit: ~~~~ F«t Pierce, FI«ida, N O lr t3mtl ° r y~ , 19~2L For va'ue recei.ed, I, .ve or either of w, promise ILO pay, without defalcstion, to the order of FIRST FEDERAL SALVINGS AND EOAN ASSOCIATION OF FORT PIERCE nt fgrt Pseraa, Florida, the wm otf15~-~-x-V~~-=oo with interest from date et the rate of SL~~ per annum, in monthly insrail- ments as fo'lowt_ b. ['~?-~2?. on the _~-~ ~ day of -F'O~ruary__, 19~ end a like sum on the corretpending day of each moth there- after cntil the ,whole be fully paid. Each instell,nent first shall be applied in payment of the interest and then on the unpaid balance of 1M principal tom. Is default la made In the payment of any installment when due, end w<h default continues 30 days, then tl the option of 1M holder, •nd without shy other notice, all the remaining installments shall be due and payable et once. Pri•:Elege is given to prepay Chit note in whole or in pert ai •ny time without penalty. Neither fnrebearance, nor acceptance by the holder thereof after any default in any payments hereon. shall be deemed extension. A late payment charge of S_ 2_,86 thall be added to each installment remaining unpaid 7 days after its due daft, and • like cum shall be added to each such installment remaining unpaid 7 days after each wtceeding payment date. - Each maker, surety and endorser hereofr jointly and taverelly, waiver demand, presentment protest and notice of protest for nonpayment, end further agrees to any extension of time of payment; either before « abet maturity, wlthoul notice to any of us; end to pay all costs of collection, includng a reasonable attorney's fee in the event of any default hereunder, end hereby severally wa:vtt all benefit of homestead and exemption under tM constitution , >nd laws of rack State of the United States, as egair;tt this obligation « any extension or renewal hereof. Witness the hand and seal of each party. ~L J O S P, ph P 8 Ori i (SEAL) ~ S~ B? anche Peoni (SEAL) (SERI) csFAu (_ ti 7 F, (1 __) State k.evenua (Stamps unce!!ed on «iginal note) __ NOW, THEREFORE, the MORTGAr;O~ for the purpose aF securing payment of sold cum of S~ - ~~~ nn •nd tht performenct of tM covenanu and egreementt hereinafter expressed, and f« diver good and wluabb considerations, by tfsese prestnta, doss grant, bargain, stll, remise, release, convey end confirm unto the MORTGAGEE, its successors and assigns, all !hat certsin lot, pied « parctl of land, situate, tyirsg, and being In tM County of _ `~ t 7.ur 9 a ._ and Stat• of Fbride, dasuibad as follows: Lo* ?, Block 3, FRANr;LIN PARK SUBDIVISION, accorr?in:r to a plat thereof on file in Piat ~3ook 6, nape _?2, nubile records of St. LuciQ Count, Florida. - .~ `> _ ~ Received S in payment o! ;axes due on Clas~'C' Intangible f ~rsor~l i'f~~;::r?•j ~uruant to C ter L~!124, La~ti of F- ' .ww~9 0 ~° ~tx Co-{actor, SL Lucie Coo , flot-id~ ~'~,/ -- together with all and singular the tine:rents, harrditsments and sppurtances iherwnto belonging or In anywise eppartelning thereto, and all rents, luuea, proceeds and profits accruing and to acuue from said eremites, all of which art includtd in rho ebovo and fortgoing desuiption and Mbandum. TO HAVE AND TO HUED the above described and granted premises unto t)w said tJ10RTGAGEE, its suaessas and aligns forever. And fist told M041GACaQR for -rrA i r heirs, executors, admfniarators and euigro, Meshy rovtnrsh with tM said MORTGAGEE, its s rtcesson and aligns, that ~_~,r$. !awfully seized of tM raid premius In foe simple; that tM same are free, dear and discharged from oil Ilens and oncum- brances in law or in equity, and that~,ha~ will end thO i T' Min shell warrant and daftnd the title ro tM same to tM said MORTGAGEE, Ifs successors artd assigns, forever against rho lawful claims and demands of all pareont; PROVIDED, AWYAYS that if the A10RTGAGOR shill psy unto rho MORTGAGEE tM promiaory note hereinbofore dtsuibed and tMll truly, promptly and fully perform, r;:scharge, execute, complete, comply witti and abide by each end every the stipulations, agreements, conaiilons and covervants of said promissory rto!e and of this Mactgayt, then this M«tgeg• and tM Estate Mroby uealod shall coals and bo null and vv?d. IT I$ UNDERSTOOD that the word "Mo:tyegor" whether In tM sir+guler v plural anywhere in tt,is M«tgaga, thafl bo sfrsgvlar tf ono only end shall be plural jointly end severally if more than ont, and that iM w«d "their" es used anywhert In this Mortgego shell be tekm to mejrt "his," "Mrs," or "its," wherever the conroxt so implies or admits. Also, thRt wherever then is a referens:e ir, the covenanh snd agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heir, loyal representatives, succasson and au;gns (either volunury by act of tM parries or involuntary by operation of the law) of the some and that the covenants herein contained shall bind snd tM benefits and advsntages Inure to the respective heirs, lege! representatives, wccessors and suigns of tM parties hereto. And said Mortytgort, for themselves and tMir help, legst representatives, tuccessars artd aligns, hereby johstly and severally covenant and egret to and with the said MORTGAGEE, its wccessors snd euiges: 1. To pay all end singular tM principal end interest and tM various end wndry sums of money payablt by virtue o: told rvomissory note, and thh mortgage, each snd every, promptly on the days retpactiwly tM ssme severally become dos. 2. To pay atl and singular the taxes, auessmtr.ts, levies, lirbilltiss, obliyatlom and •ruumbretw^os of owry nature end kirsd now an said described property, a that hereafter may be imposed, wffered, placed, levitd, rx guested thereon, « tMt Mrteftsr may bt leered « •ueued upon this Morr¢ age, or the indebtedness secured hereby, tech and eery, when due and parable, act«ding to Lew, before they becorat delin;~ent, end before any Interest .,tr ~chcs or any ptnaay is incurred; A!vD INSOFAR A$ AN'y THEREOF I$ OF RECORD THE SAME SHALL t!E PROMPTLY SATISFIED AND DISCHARGED O: ZECORD A`JD ?HE 0.1,1`+Al OFFICIAL DOCUMcNT (SUCH AS, FCR INSTANCE, THE LAX kcCEIrT OR THE SATISFACTION PAPEP. OFFICIAIIY ENDORSED OQ CCRTIFiED) SHALL PE PEe.CCD I'; THE HANGS OF SAID MORTGAvEE WITHRI TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is rat -std eat s'4d r ~d discu•~.d said 1,tORTGAGEE may at any tame pay the same or any part thereof ;without waiving or effecting any option, lien, equity or r.;M under o~ by virtu: of chit mor;gege ar.d th.e full amount of each ar,d every such paymer! shell be immediately dce asd payable and shall beat inlerett ;tern the date thereof utti! paid at rate of nine per centvm per annum and toya~t: with suet: interest shall be secured by the lien of this morggage. .. - - - -. -. _ ' -.~ +r.--: .y asr:~v.-~ 'rs-- ~ ~"~,{s,+t~ giV ~"t`- _ _-tea. {, ,~- -tc -, ..-