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HomeMy WebLinkAbout0628C_ f c...~ 4~ FAVEbI~ 1"FIiS IN7ENiURE, ~rlada the-4..ti~1.__.__ oay of ~. --..--~~~-~Ar` -r-~~• A~• 19_S~i. behxatn ~~xs~rsi_..~t.~Mi~ ~ ar gnd_M.~ 1~ t A ~ t~~~ 1'Pr~'~s__~{ rR . of ST. ___T.T1C~,f3 County Florida, Mrelnaftsa detignattd as the "MORTGAGOR," and ftRST fEDERAI SAVINGS A!vD lt)At1 ASSGCIATION OF FORT PIERCE, a corporation agan;atd and ifxlsting under tM laws of tM UoiNd Setts of M. trice and Mving fu ,xlnci(,al place of buaineu in site Ci~y of Fori Piares, St. Lucia Oounty, Flalda, hereinahtr dpignatta as tM ,"MORTGAGEE:' WHEREAS the MORTGAGOR is jwny Indebted to tM MORTGAGEE In 1M wet of ~~~ ' QO good and tawiut money of the United States edwnced by tl+t MORTGAGEE unto Ike "MORTGAGOR, at svidtnesd by a eeaaln promissory Hots of oven date herewith, of whie:h site following In words e . fi eras is a true copy, so-wit: ~ 1 (1 ~C) Fort Pleres, Florida, _Nntrarnhar ~~_i9_fj.2 Fa val~a received, I, we or either of us, promiaa to psy, withouT dtfalurion; to the order of FIRST FEDERAL SAYINGS AND LO.,N ASSOCIATION OF ith interest from date at the rate of 6 6 q, per anns:ris, fi mpnthJY inatal!• FORT PIERCE at Fort Pierce, Forida, the wet of S~ y~, ~'Q )~-~ ~ meets as follow t: S-~ S -~~ on tM J,yLSraway of ~A(~AT111Jt3r , 191.2_ and a like curt. on the corrtsponding day of each month there- after until the whole be fully paid. Each instalment first shell be applied in payment of the Inttreat and than ors the unpaid balance of site principal sum. If default it mods in the payment of any installment when due, and such default continues 30 days, then et the option of the holder, and without any other notice, all tM remaining instalments shall be duo and psyable at once. Privilege is given to ,naapay this note In whole a In Fart at •ny trme wltfwwt penalty. Nerthtr faebaerance, shall bt nor accc`tance by the holder thereof after sny default in any payments hereon, shall be deemed exlension. A Iete payment charge of S1 added to each installment remaining unpaid 7 days after iri duo da!t, and a likt suet shall bs added to each such installment remaining unpaid 7 days after each wcceeding payment date. - Each r.eker, surety and endorser hereof, jointly and severally, waive demsnd, pratentment protest and notice of protest for nonpayment, and further agree: to any extension of time of payment, either before or after msturity, without notice to any c,t vt; and to pay all coati of collection, Including e reasonable attorney's fee 'n sire event of any default Mraunder, and Mraby severally wolves all benefit of homestead and exemption under tM constitution and laws of each State of`+he`United States, as against thin obligation or any extension or renewal Mreof. Witness the hand end seal of each party. S Hareord G M1 liar - (SEAT) S Milli A Miller (SEAL) - (SEAL) (SERI) `'` ~n 1 Sate Rtvtnve (Stamps cancelled on original note) ~ and tM psrfamsnce of tM' MOW, THEREFORE, iM MORTGAGOR (a tM purpose of securing payment of acid sum of ~~,0 . OQ rant, bar sin, sell, remiss, covsnanri and agrsemenh hereinafter expressed, and fa divers good and yaluahle conatderations, by tMae presenri, doss g Q release, convey and confirm unto tM MORTGAGEE, Iri succrtsaon and uslgns, alt tRat attain lot, piece a paces of land, Ntuats, lying, and being In tM County of St~ - L11C iP _ end Stets of F{alda, deacribsd as foi{owat Lot 22' ( except th© 'nlest five feet thereof) , and Lat 23, Block 2, of the revised SUBDIVISION OF LINCOLN PARK, according to a plat thereof recorded in Plat Book la., at page 77, of the Public Records of St. Lucie Counter, Florida. This i.s a secord mortgage, subject to a first mot*gage to First Federal Savings and Loan Association of Fort PiArce, dated August 13, 1962, in the amount of $8,000.00, filed August 13, 1962, in St. Lucie County in Official Record Book 42, at ~~qes 657-65~ ~ t ~, ;~~~ Qa~~n^ ' ~ `r`.~ i ~ ~~' together with all and singular tfis tenemsn», Mreditaments and appurtaneet iMreunro belonglrq a In anyw[se •Pt»r-dnfng thrrero, and all nnri, leauss, proceeds end profits accruing end to accrue from acid premises, all of which aro indvdsd in 1M ebow and foregoing description and habsndum. TO HAVE AND ~p HQLD tM above datcribsd and granted prsmiata unto tM aald MORTGAGEE, 1St autctuaa and assigru fortvsr. And tfis aald e r hilts, sxecvtor_, edminlatraton and asalgna, Mreby covenants with tM aald MORTGAGEE, Its succsasaa Ind atsigna, MORTGA o~ i 1 e that ~---~L" !awfully saizod of tM aa}d premiwa in fee almplaj that the aarw are frso, clear and dixhargecr from all Ilene a encum- brances in law a In equity, and that theme will and their Mln shall warrant end defend tM titlt to tM same to tM aald MORTGAGEE, its successors and eaaigna, forever against tM Irwful d lime and demands of ail penonst tom tl PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto tM MORTGAGEE flee promissory rsote Mrelnbafora desuibed and shall truly, p P Y and fully perform, discharge, ezacvts, complete, comply with and ebido by each and every the stipulations, agroementa, conditions and covenants of aid promissory note :red of this Mortgage, then thla Mortgage artd the Estnte hereby created shall tease and be null and void. IT 15 UNDERSTOOD1hat the word ":Ylortgsgor' whether in the singular ar plural anywhere in this Aiortgaga, shell i» siryvlar If one only and shall bs plural jointly and asverally if more then ono, and tMt tM word "their' as used anywMn In ibis Mortgage thal! be taken fo nNan "his;' "Mrs," or "its;' whtrever the context ao implies a admits. Also, that whtraver theta It s reforenct In 1M covsnanta end agreernsnts herein contalrted to any of the parties Mreto, tM same shall be construed to moan as wall ea tFw Min, Iogal nprsstntetivta, auccsssae and assigns (tither veluMary by act of tM parties or involuntary by operation of the law) of tfe same and that the covenants Mrsln tontafr»d shall bind and tM berttfita and cdvantagss inure to the rsspedive pain, Itgal representa!ivas, wccetson and resigns of tM parties Mrato. And said A'brtgagon, fa themtelv~s and their Min, lsg:l rsprests+tativss, avcceason and a++IQna. Mreby jointly and severally covtnant and ogres to end with the asid MORTGAGEE, Its wccessas and euigru: 1. To pay ill and aingvlar tM principal end imerest and tM vetoes and ec:,dry sums of trwrsey payablo by vlrtw of Laid pron,iawry Hots, and this mortgagt, each and wary, Promptly cn tM Jaye respe,-tivaly fha carrn severally I»come dui. 2. To pay all and singular 'M sexes, assessmtn», levies, fiabllitisa, obligrt;ons aril encvrpbrancal of every nature and kind now on asid described Fxoperty, a that hcreefttr may be imposed, suffered, plated, In•led, or acessad thereon, or that hereafter may be levied or assessed upon thin Mortg- age, or tht indebtedness secured Mreby, tack and every, when dva and payable, artordirtq to law, bafpn fhPy bt<ome datingvent, and before any interest ~+rcchss or any per.aity is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAH BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE VR!vi'vAL OFFICIAL DOCUMENT (S~'CH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIGN PAPER OFF:CIAiIY ENDnRSEU OR CERTIFIED) StiAll BE `LACED IN THE HA.,DS GF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; end in the event that ary thtrtof is not paid, satai~ed and d;rchargad said MORTGAGEE may at any time psy the tams or any part tfierecr without weivirg or affecting any option, lien, equity a ri3ht under cr 6y virtu' cf this mortgage area the full amount of each and every' such payment shall be immediettly due artd psyabls and ahali bear interest from the date the:eof anti! paid at rat? of nine per ttiaum pot annum pnQ togeths,• with such tnttrertt chail be secured by the lien of th?s morgtage. i