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HomeMy WebLinkAbout0630+_ _.. _ _ - -.. - is -iG " : _ - ~ _ - - v 12th 1~'ovember '~.,R~ r ~ . " , . , ` "'- I' v A:D. 19 61 between ~J----~, TI115 INDENTURE, Mode the_ da of }!oward Grf3erwel~~_rfr. ~i~ aTb Romins Greenw© , ~ ~ s w e _ of _-_-_~.ltt-' taC18 County Horde, hereinaHu detgnated at the '"MORTGAGOR," and FIRST FEDERAL SAVINGS AND l04^J ASSOCIATION CF FORT PIERCE, a corporation orgenited and existing under the laws of the United States of America and having nt principal place of businert In the City of Fort Pierce, St. Lucie County, Florida, herainelter designated at the "MORTGAGEE." 2 OOG OO nod end lawful money of the Un.tzd WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE 'rs the sum of f_ _~1 -- -~ -- g States advanced by the h10RTGAGEE unto the A10RTGAGOR, at evtder:ed by a certain promissory note of even date herewith, of which the follow utg in ssords and figures is ~ true copy, tJ~wit: 10707 _ s 23~OOOeGO -- R'ovember 12 Fort Pierce, Florida, o -f9 v2 - For value r~c.~iv_d, I, we or either of us, prombe to pay, without defalcation to the order of FIRST FEDERAL SLALVINGS ANG IOAN ASSOCIATION OF 2~ CtOOeOO with interest from date at the rate of Ve~~ °6 per annum, in monthly install- FORT PIERCE at fort Pierce, Florida, the sum of S -_~L--__ `•~ r i0th January , 19_V1_- and a like sum on the corresponding day of each month there- r~ents as follows: 5---~6~ a~1-- on the -_-- day of - - ^n^ after unnl the whole ba fury paid. Er,ch insta(imant first shall be applied in payment of the interest and then on the unpaid balance cf the prindpal sum, If default it merle in the poi mont of any installment when due, and such default continuer 3C days, then at the option of the holder, end without any other nonce, all the remaining ;nsta;invents shall bz due and payable at once. Privilege it given to prepay this note in whole or in part at any time without penalty. Nei er1.fgrebearance, nor acceptant- by the holder iherzof after any default in any payments hereon, shall be deemed extension. A late payment charge of S ~~ 4 ,shell be added to each installment remainin3 unpaid 7 days after itr due date, and a like sum shall be added'to each such instalimant remaining unpaid 7 days a(tzr each wcceeding payment date. Each maker, surety and endorser hereof, jointly and several,y, waiver demand, presen!ment protest and notice of protest for nonpayment, and further agrees to any extension of time of paymen~, either before or after maturity, without notice to any of us; and to pay ell costs of collection, indud ng a re,sonab!e attorney's fee in the event of any default hereunder, end heroby severally waives all benefit of homestead end exemption under the constitution a~•d laws of each State of the United States, as againrt thin obligation or any extension or renewal hereof. W'itnesy the hand and seal of each perry. ~ ~ o {F1C~~„~~D i;REET~'hELL JR• (SEAL) s ROMINA D. GREE~•WELL (sEAI> (SEAI) . (SEAL) (_ 23.00 )State Revenue (Stamps cancelled on original note) OOO OO -and the performance of the NO'JV, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of 5-~-~ covenants and agreements hereinafter expressed, and for divers good end valuable contideretions, by thaw presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, ell that certain lot, niece of parcel of land, situate, lying, and being in the County of Saint Lucie and Stela of Florida, described as follows: Commencing at the northwest corner of the tract of lard or. Causeway Island excepted from the description for "Dec1J•,ration of Abandonment" from the United States of America to the Fort Pierce Finarcir.g and Construction Co., as the ~ same is recorded in Deed ?3ook 152, page 380, of the public records of St. Lucie =Coenty, Florida; run thence south 13 degrees !J7 mirutea west 155.29 feet to the _, ~'rorth right-of-way line of State Road AlA (Seaway Drive); thence along the north? ;bright-of-way line of State Road AlA, run on a circular curve concave ~ the south, ='-a radius of 766.8 feet and a central angle of 5 degrees !l8 minutes, 77.9 feet; -~ ~ . =thence south 70 degrees 1P, minutes east along t}te north right-of-way line of State :.Road AlA 172.1 feat to ar. iron pipe marking the southeast corner of the John '' Sterroos property and the point of beginning of the tract hereindescribed. ~~ From said point of beginning continue south 70 degrees 18 mirutea East along ~~':the north right-of-way line of State Road AlA 65 feet; thence in a northerly ,-~ ~, _-direction to a point on t to north shore of Causeway Island anal Indian River `~ ~ -':;~52 feet east of that point on said river shore which bears north 13 deg7•ees :;u7 minutes east at a distance of 2>a7 feet from the point of beginning; thence ~'r .-.,~ ~meardering the north shore of Causeway Island and Indian River run westerly to a pcint ~ r;on said river shore which bears north 13 degrees 11.7 minutes east a distance of • l ;;;2117 feet from the point of beginning; thanes south 13 degrees 47 minutes west 2lt? ~I`"feet t~ the point of beginning; including riparian rights. '`~ together with al; and singular the tenements, hereditements and appurtences thereunto belonging or In erywise epperiaining thereto, and ell rents, issues, proceeds and profits accruing ar,d to accrue from said premises, all of which are included in the above and foregoing description and habendum. TO HAVE AND TO HOLD the above described end granted premiws unto ifse said MORTGAGEE, its successors and assigns forever. And the said MOR',GAGQ~ for ---~®~-- - h°'rs, executor, administrators and assigns, hereby covenants with the raid MORTGAGEE, ih successors and assigns, shot - LC36~-~r-~t- lawfully aeixed of the raid premises in fee simple; that the same are free, clear end discharged from all liens and encum- brances in law or in equity, and that they will end -their helm thall warrant and defend the title to the same to the said MORTGAGEE, its successors end assigns, forever sgainst the lawful clai,ns end demands of ell parsons; PP.OVIDED, ALWAYS that if the MORTGAGOR shall pay uric tl:a !'ORTGAGEE the promissory note hereinbefore described and shall truly, promptly and fully perform, discharge, execute, complete, comply with end abide by each end every the stipulations, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage end the Estate Fercby created shall cease and be null end void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be srngular if one only and shall be plural jointly and severally if more than one, and that the word "their" as used anywhere In this Mortgage shall be talon rc mean "his;' "hers," or "its," wherever the context so implies or admits. Also, that w. erever there is a reference in the covenants and agreements herein contained to any of the parties hereto, the sam4teraltion ofntheeew) of thetsamel andhthat'thelcovenanreherteinvcontainedsshallabadeandnth(ebeneftslendradvantages inuhe parties or involuntary by F to the respective hers, legal representatives successors and auigns of the parties hereto. And said l,lortgagorr, for themselves and their heirs, legal representatives, wccessors end auigns, hereby jointly end severally covenant and agree to end with the sad A10RTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said prom!ssory note, end this mortgage, each end every, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessments, lovies, viabilities, obligetiont and encumbrsnces of every nature and 4.ind now on said described prop°rty, or that hereafter may br impoud, suffered, placed, levied, cr assessed tF.erecn, w that hereafter may be levied or assessed upon this Mortg- age, or the indebtedness secured hereby, each and every, when due and payable, attending to Lew, before they become delinquent, and before any interest ^.ci~es or any pena~ry is r~~an:cd; i+`+D INSO.`AR AS ANY THEREOF IS Os RECORD THE S:~h1E SHAII BE P40T~SFA.CTIONrIPAP R OFFIC AiIIYH ENDORSOD ~COC7 A,,p TF{L Og;~:'iAL O"F!CIAL DOCU!.1ENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE GR C:2~!FIED) SHAII'cF PIGC:D IN THE HAVD$ OF SAID MORTGAGEE WITHIN TEi~ DAYS NEXT AFTER PAYt:.ENT; and in the event that any thereof is not i,,;, i ut sSi^d and dachrr:,,d sa'd 1,1pPTGAGEE may at any time pay the same or any part thereof without waiving o• affecting any option, lien, equity or ri-,rt u,.d~r pr by ~~•inv^ cf this mortrdag^ end the fur,' amount of each and every such pa•/mart shall be immediately due and payable and shall bear interest f f;~ n tn_ date therroi un,i{ pa!d at rate cf nine pot tentu:n per emum and togzt}r,r with such interest s!:all be secured by the lien of this morttage. n