HomeMy WebLinkAbout0477THIS INDENTURE, Made the... ~"~~'h day of OctobAr A.D. 19 62 ~ between
of Sea L1.zCie ~__, County Flor)de, henlnefter d.eignated n the 'MORTGAGOR," and FIRS' FEDERA! SAVINGS AND EOAN
ASSOCIATION OF FORT PIERCE, • corporation organised artd etsAtirq under tM .laws of the United Stites of Amerlu and )uvlwg lh principal p(ece of
bs:slness In tfse Clty of Fort Pieru, St, inch County, Fforid+. herelrsafNr deafgnate,i a the "MORTGAGEE." ,
WHEREAS tM MORTGAGOR is justly indebted to cite !MORTGAGEE In the sum of Z .~--, ~nn •'-1~ ,good arxf lawful money of the Unircd
Steles advanced by the MORTGAGEE unto cite MORTGAGOR, as evidenced by a certain promluory note of even data hereyyith, of which the following in
words and figural is a true copy, }crwltt
s Za'~00.00 ,• ~, 1C~6i,0
Fort Pierce, Florida, 19 October T9~_~s'
For ve!:le rece?ved, I, we or, e{!her of vs, promise to oat', without dsfekation, to the order of FIRST FEDERAE SAVINLLGS AND LOAN ASSOCIATION OF
FORT PIERCE et Fort Pryit~res, Fbrlda, the sum,onf ~S~a ~~U aQ0 with interest from date et the rate of _!{]~fCi% pu annum, in rtwnth)y insta!I-
ments ss follows: 5--1-1-0--~~ on the ~YS~11 day of -~_Oa.~.~181', 19_~ end a like wm on the corresponding day of each month there-
after until the whole be fully paid.
Each installment first shell be applied in payment of tho Interest and then on the unpaid balance of iha principal sum. If default is made :n the
payment of any installment when due, and such default continues 30 dot's, then at the option of the holder, and without .:ny other notice, all the remaining
i~sta:lments shell be due and payable at once. Privilege is given to prepay Chia note in whole or in part at any time without Fsenalty. Neit~herLfoCrebearance,
nor acceptance by tke holder thereof after any dehult in any payments hereon, shell be deemed extension. A late psyment chsrge of s-,a-a.-s.t~-, shell be
added to each installment remaining unpsid 7 days after Its d e date, and • like wm shall be added to each such installment remaining unpaid 7 days after
eoch succeedi?g payment date.
Each maker, surety a,td endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extension o! time of payment, either before or after maturity, wit}rout notice to say of us; and to pay all costs of collection, intruding a
reasonable attorney's fee in the avant of any default hereunder, and hereby severally waives ell benefit of homestead and exemption under the constitution
and laws of each Stela of the United ~t~tes, as against this obligation or any extension or renewal hereof.
Witness the hand and seat of eoch party. ,
S R , R . Summa rl in_ (sEAE>
S Claudia Surimerlin (SEAE)
(SEAE)
(SEAI)
7 a ~Q )State Revenue
(Stamps cancelled on original t:ota) 7 R 3~0 a 00
NOW, THEREFORE, tho MORTGAGOR for tM purpose of securirp payment of said su.n of S and the perfwmancs of tM
covenants and agreements harainsher expressed, and for divers good and valuable considerations, by these presents, does grant, bargain, sell, remise,
release, convey and confirm unto~the MORTGAGEE, its successors end assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the
County of ~'t~ T 170,E and Stets of Florida, de:cribed as follows:
The North Half of that part of the South 220 feet
of Lot 2 of the Subdivision of Russell's Estate
lying Fast of the ~'Iorida Fast Coast Railroad,
lying and being situated in Section 28 Township 34
South Range l~0 East ac cording to the Plat thereof
as recorded in Plat Book 1 at Page 186 of t?~e
Public Records of St. Lucie County, Florida, together
with all riparian rights. /
This mortgage replaces one of like amount and same ~l~
date to First Federal Savings & Loan Association ~ y ~
of Fort Pierce, on which the intangible tax h~~,~ 6
been paid. See receipt #62581Ta /++ t t-~-- ~~~e
~t 0, ,~•
3
• - _ RecEieed ~ -•.~, Pzis~i~~`=1 ~ ~`' " .
~ y ' L' / 1 ~ •
ax Cr~llecto(, St. Lurie ~'~! Floiida~
tog.+ther with ell and sinyuler the tenements, hereditarixnts and appvrtances thereunto belonging a in anywise apperteinlrty thereto, and all rents, issues,
pr«eeds and profits accruing end to acuve from said premises, oil of which art included In the above and foregoing description end nabendum.
TO HAVE AND TO HOlO the above described and granted premises unto the :aid n50RTGAGEE, its successors and assigns foreva•. And the said
MORT('iAGOR for ~~~-r- Mirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors and assigns,
that - ~--&-2'A lawfully seized of the said premises in Fee simple; that the ume ere free, clear and discharged from all liens end encum-
brances in law or in equity, and thet~~$~ will and t~$~ja -- heirs sF.etl warrant and defend the title to the acme to the said
MORTGAGEE, its successors and auigns, forever against tiw lawful claims and demerds of all parlors;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and shall truly, promptly
and fully perform, discharge, execute, cwnpleu, comply with end abide by each and every the stipulations, agreements, conditions and covenants of said
promissory noto and of this Mortgage, then this Mortgage and the Estate hereby created shall cease end be null and void.
IT I$ UNDERSTOOD that tM word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall 5e singular if one only and
seal; be plural jointly and severally If more tMn one, and that the word "their" as used anywhere in t`.ia Mortgage 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 and agreements herein contained to any of
the parties hereto, the same shall be construed to mean as wall as the heirs, loyal representatives, ax :easors and essigro (either vo!umary by act of the
parties or involuntary by operation of the law) of the same and that the Sever.:NS herein contained shall 6i,.d and the benefits and advantages inure
to the respective heirs, legal r~prer_nlNives, succeuors art! ssaigns of tf•e parties hereto.
And said Mortgagors, for themselves arsd their heirs, legal represA.,tatives, successors and as•iyns, hereby jointly and teverally covenant and agree
to and with the said A10RTGAGEE, its wccruors end assigns:
t. To pay all end sinyulsr the principal and inter: at arvf the varic+va end sundry sums of money peyeole by virtue of said pi ,missory note, and this
mortgage, each and avert', prortpUy on the days respectively the same severally become due.
?. To pay all and singular iha taxes, atsetsrnenit, levies, Ilebilities,•obligttiorss ar.d encumbranc-s of every nature and kind no•,v on said described
proporty, or that hereafter may be imposed, suffered, placed, levied, or esssssed thereon, or that hereafter may ba levied of assessed upon this Alorsg-
ege, or the indeb'edness secured hereby, sacfi and every, when due end payable, according to lave, before they become delinquent, and before any interest
ertches or any penalty is i,ic'vrred; AFiD IrdSpFAR A$ ANY THEREOF IS OF RECORD THE SA1.SE $HAEL BE PRO!,1FTEY $ATISf1ED AND DISCHARGED OF
R_CORO A'r0 THE G ~ ItiAI OFFICIAL D^CU1dE.VT (SUCH AS, FOR INSTANCE, THE TAX REEEIPT OR THE S.ATISFA.CTION PAPER OFFICIALLY END025ED
OR CcRTIFIED) SHl.I! 9E PLACED IN THE HANDS OF SAID MORTGAGEE WITHI?J TEN 6AY5 NEXT AFTER PAYMENT; and in the event that any thereof is not
F-.::d, saYtii^d and d::chargcd sa`d 1„ORTGAGEE may et any t~ma pay the fame or any part thereof without waiving or affecting any option, lien, equity or
ri_hr under or b'y 'flrtJ^ ft this rnortgzge and the full amount of each and every such psyment shalt iX immediately due and payable and :hail bear int. rest
from the date tho: wf u~:ti: pe'd at rate of nine per ~entum Fer annum end together with such interest shall be secured by the lien of this morgtage.