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HomeMy WebLinkAbout0884• 6~ ~ ~ ~~ f,t;~l~ THIS INDENTURTr. Mafia ~ ~ _ _rtigr a~ ~Q~~~b~~-^ r+ --. A.D. ki~.,.: betyroers of .St ~-~~°- ListrnlY Fierlda• ~~~ ~~~ ~" ~ "MCRTGAGOR;' and FIRST iEDERAt+SAVINGS ANO tOP.N ~ ~ ASSOCIATION CIF FORT ?iERCf#, a cupaestton ergoressad grid atsbtlnp under tIM {aw, d rtes Unisad 5+tha of Anwr{u and i-aving Ne principal play of businaas in tM City of Fort Piarc+, St, ttscLa GtwmtY. Fforida, heaahtaftx daafgtaetrd sa tfM "N~RTGr-GEE." WHEREAS ti+a M(TRTt~Pti3c7-, b IwtiY irsdabad ~"~ MOfTTGAG#E in *1°'u'^ °~ }"~"`_"'-°~ Q°Od and lawful mangy of tM United States advartcsd ~y the MORTCih46E irr+to tin M~iRTGgGOR, ea wleMtrcsd by a eartak+ pramlawry note of avsn daM harewlt:y of which tM following In vlwd~ and tiQu 00 . few o~y, ~m ; fyo 10.716_ ~j ~ r ,, _ '` ~ ~ No ember 15. Tq~ ' , ~` Fun Pierre, Fbrldsa Y For va:w racaivad, I, wro or aiihsr of ue, ..3 ~to~~,r(e~Y, witF'°ut dafelution, to tM order of FIRST FFDERAt ~~AVi~NGS ANO LOAN ASdOCiATiON Of FORT PIERCE at Fort Pl+ra,~F~:ida„ tM rum of 3 y~,~1-1-1 = • ~~ with intaratt from data at tht sett of v • v 76 ptr MAR. in ,monthly Inrtal{- ments as follows: S ~2:--~---- on ~ 1'0~`~y of Ft'lt?ruaY`~',~ lq~ and a Itke wm on tM corrtrpon<flng day of each menrh than ghat until the whop M fully paid. ~ ~ i Each inttalimsnt fiat shell ba appiiad in f,ayment of tM Interest swd then on tM uripafd babnce of tM priaefpal swn. If defavk 1a rnada fi the payment of any installment wMn dw, end such defwtt continua 30 days, then at tM option o4 ties hoidar, and wlthous any otlsar natke, all iha ramainirg installments shalt ba dw and payable at onw. Privilsga is given to prepay this tsoh Fn'wfale or in hart at any lima without psnahy. F~leiiMr f~orabeannce, nor ettapterics by the holder tMraof after any dafautt In any payntsnts hereon, shell ksa daemad s>,tarstion. A late payment cfiargs of ice! ~ ~--. tMll be acded to each Butaliment nmdnirig unpaid 7 days after i!s dw data, and a Itica wm cMll bs riddat to each wch instalims~ t remakt4sg unpAid 7 days after each svcnedlrp paymant data. ! . ~ ~ I .l ~ ,,~ , Each maker, wrety End endorser hereof, {olntlY and aevarefly, waives dems+id, presentment protest and erotica of protest for nor,payrnent, grid fw1Mr egress to any sxir,nsion of rims of paymant, tither bafora M after maturity, without rsgtlca to any of us; and to pay all coats of coilsctton, Including a reaaonebla anornay i fee In tM event of any defauh harwndar, and harelry aevarally waives ail bentfit of homasteed and exemption under tM constitution end laws of oath State d tM United Starts, x agairut this obligatlort or any aztanaion a nnawrl Mreof. Witness the kand and real of oath party. ~ S (~` 8Ir1 ~ . Fiyrns (s`-AU - S Margaret L. Htia•ns (sEnu (sEAu (SEAU (Stamps uncalled m origlnsl rota) ~ ' NOW, THEREFORE, tM MORTGAGOR for tM purpose of saluting paymant of saki rum of 3~St.s_41Y..+.`1.Y-.----. a^d iM G~tt++++~ of tM covMan» ar+d agraarr+ents Mrafruftar axprassad, and for divers good and valvab4 considarationt, by titres prnanh, does grant, bargain, tell, ramiss, releaw, eonvay and Confirm unto the MORTGAGEE, its suvssaorr and assigns, all that certain lot, pitq of parch of land, aftwtt, lying, and being M tM county of S t Lu4` i e ., and Stott of Florida, d.r«Ib.d as toliowrt The North 75 Peet of the South 525 feet of the West 137 feet of the South 54E feet of the North 726 feet of .SE4 of NW4 of Section $, Township 35 South, Range 40 East. eni of taxes dui +l ~h, s~( LV' ~~ 1 Co11ec1o(, St' 4u~e ounly tot-`%~ ~X together with all and singular tM tantmsnts, hweditamrnri sr~1 eppsrrtartcas ihonunto btlanging or In anywist +PPtr-aininq tMrero, and all tank, lu•.m, rrocaeds and profits acauing and to acrrw from raid prambet, all of which era Included in tM show and foregoing dorulption and habendum. TO !PAVE AND TO HO D tM above deuribtd and granted premises unto tM said MORTGAGEE, IH suuessm and aaaignt fonvar. And the said MORTCtorar t f'~ ~--~ Mtn, executors, sdmtnlstraton and sssigru- Mroby cavansnts with tM ssid MORTGAGEE, Its auccttron and assigns, that a--- lawfully seized of tM said pram}ses in fag simplest that tM soma era hag, clear anti discharged from all Ilene end encum- brances In bw or (n equity, and that thEtY will and their Min shall warrant and defend tM title to the same to tM raid MORTGAGEE, its tuccest«a end astignb forever sgslnst the lawful claims and demands of ell psrtonsr PROVIDED, ALWAYS that If tM MORTGAGOR shell p.y unto tM MORTGAGEE tM promissory note haralnbato;a dssvibed and thail truly, promptly and fully parfwm, discharge, execute, compote, com,aly with and abide by oath and every tM ttipu4tions, sgreementt, conditions and covenants of said pramiuwy riots and of this Mortgage, then this Mwtgegs and tM Eatrta harsby aaatod -hall cvasa end M null and void. IT IS UNDERSTOOD that the wwd "Afortgagor" whether in tM singular or plural anywhere in this Mortgage, shall be singular If one only and shall be plural iolnTly and severalty if more than one, end that tM word "their" as used enywhan in this Mortgage shall bs tskan to mean "hb," "Mn;' or "its," wherever tM context co implies or admits. Aise, +hat whsraver there Is • refzrarn In thu covenants err! anreamentt heratn contained to any of the parties hereto, the Lama shill be conatruad to moan st wail at the Min. Iepa! representstivet, wccattors end assigns (eithxr voluntary by act of rho pert;e; or involuntary by operation of the law} of the tare end that the covenants Mrein contained shall band and tM benefits and advantages Inure to the respective heist, legal npresanistives, tuccastort and atsignt cf tl+e pettier hereto. Ard told F,tortgagors, for themselves end their Min, legal reprssentattves, soctassoct and autgru, hereby ~otntly and severalty covenant end agree to and with tM said MORTGAGEE, its succassrxs std assignao ' 1. Tu pay aii end singular the prineip-l err! fntarsrt and ihs variovt and sundry sums of money payable by vFrtw of said promissory note, and this rnortgagv, each ono' wary, prompNy on tM days rrspectivaty tM ssma severalty bata~rte due. 2. To pay ail and -ingular iha tezan, assessment:, Inviss, liebllltiet, obligatfans and tncumtroncat of evtry natyts and kind nr~•,v on sand det<ribed property, a that Mrooher r..ay be imposed, suffered, plaud, laviad; or esssss:d thereon, ar that trereafter may bt iev;ad er assessed upon thh Morig- agv, or the indebtedness t~+red turssay, exh and sYery, when due end payeh!a, ctttrding to taw, before they become delinquent, and before any Interest c+reehat or any penalty is incurred; A'vD IN~CIFAR AS A"~Y THEREOF iS OF RECORD THE SAME SiiAll 6E PROMPiIY SATISFIED AND DISCHA£GED OF RECORD AN9 THE O:i:GINA: OFFICIP.I DOChI:+,E`1T IS'.1CH AS, FOR INSTANCE, THE LAX RCCEIPT OR THE S:4TISFACTION PAPER OFFICIALLY ENDORSEE OR CF.RTIFiiiD) SHALL 3E PLACED IN THc H.1t;D5 Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYt~SENS; erd in the event shat any th-reef is rat pa`.d, ssr'stied end distharged raid 11i0^~TGAGEE may et any t~r,ee Fay rho same or any part thereof wirl~ovt waiving or affecting any option, lien, equity or ri~F,t under or 6y vi~tv3 of ;his rr>artgage ar.d iha fui{ ama~nt of each enc! aunty tech payment thrU tm tmmedistrly due and payab'.e and shaft hear interest iron the date thereof until pa"d at rate of nine per centcm pev annum and toysthar wah inch interest shall be :ecvred by iha iien of Chit mcrgtcga.