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HomeMy WebLinkAbout0888~ a. ~.~ ~ PacE~~:~. ao~x THIS INDf;MTUiI~, Marie cht_~1~~_ day of N~T>rA:tTb9r r ...- .Y ttl"'^~i2. b~Awrers ~effarsQn Morsae a-isL (~uaen Monroe _ ~ t :'~Ih'; r of ~~ 0 ~uC i B County Fbrlda, htrelnaftw dtet~na`ted rs tM "MORTGAGOR," and fIRST FEDERAL SAVINGS AND LOAN PSSOCIATION OF fCMT PIERCR, a cosporatbn aganved and exbNrsp wtd+r 1M laws d tM United Slater of America and Mving its principal place of bwirtau In tM Clty of fort iKerct, St, lu<b County, Fhrfdy horelnaftir deriQnated w tM I"I''MORTGAGEE:' WHfREv4S ih~ MORTGAtOR b (ustly Irsdebted to stet MORTGAGEE In tM suet of i ~s..a ~00 a.00 good and lawful rnwsay of tM United States advanced ey tfse MORTGAGEE unto tM MOitTGA00R, w evicftrscad~Dy a oataln promiasay Hots of tvtn det• herewith, of which tM following In words and figures is e,itVt copy, to-wft: , ~ )~ ~~,~r, ~~~ ~ fat Pierce, Florida, Nrtv@~,1+ 1,~~19..~.~ I ' For value rxeived, 1, we or either of cat, promiH ro pnay, winthnout defalcation, to tM order of FIRST FEDERAL SLAVILNGS ANO LOAN ASSOCIATION OF FORT PIERCE aT fat Pierce, Florida, tM wm~ /o~f~f~,~{..a I~G~S[~C~.~writh InteLLres~~t from date et tM rats of is . cs_% per annum, ir, monthly install- ments at !ollowt: s~~~0~ on tM l th day of _~ anllf~Y'V _, 19__SLL7_ +nd a like wm on tM correaporsdi:p day of each month tlure- after until the whole be fully paid. _ Each installment first sMll M applied in payment of tM Interest and !Mn on tM unpaid balarx~ of the principd scam. If dslault Is made In tM payment of •ny Installment when dw, and such defaua continues 30 days, then at 1M option of tM holder, end withov' spy other notice, •II tM remaining installments -hall be due and payable at once. Privilego is given to prepay thb Hots in whole or In part at any time without penalty. Neither~f~o~rebearance, nor acceptance by tlv holde~!1»reoF after any default in any payments Mraon, shall bt deemed extemion. A lets payment charge of 5~~--+~.1-, shall be added to each Insiallment remalniry unpaid Y days after !tr dw date, and s Tike sum shell be added to each such installment remaining unpaid 7 days after each svcceediry payment date. ' Each maker, surety and endaaer Mreof, lolnrly end wverally, waives demand, prswntment p:otest and notice of protest fer nonpayment, and further sgrees to any extension of tlr»e of payment, either before a after maturity, without notice to any of wr and to pay all costs of collection, including • reasonable attorney's fee In 1M event of any default Mraundsr, and Mreby -everelly waives all benefit of homestead and exemption under 1M constitutbn end laws of •ach Stets of tM United States, es agslnct shit obllgatlon a any •xtenslon a renewal hereof. Witneu tM hand a.~d teal of each party. Sf J`e~ArQATI MnnrnA (SEAL) _ S~ 011t3Bri MnnrnA (SEAL) (SEAL) . ~0 (BEAU ( )Stets Revenw _ (Stamps arttelled ors algtnal note) . NOW, THEREFORE, tM MORTGAGOR for tM purpose of security payment of said scam oft L~. ~n~% ~~ and the performanu of tM covenants end agrtementt MreinaNer expreued, •rtd fa divers good end valwbla coruiderutons, by thew presents; does grani, L~.yain, tell, remise, release, convey and confirm unro tM MORTGAGEE, Its auccetsora and su!gns, •II that certain lot, plea a parul of land, situate, lyiry, and being in tM County of _-" ~`~ T,u C~ A and State of ~latda, deaaibed as fellows: Late 16 and 18, McCRAY COURT, as per plat thereof o:~ file in Plat Book 6, Page 20 public records - of St. Lucie County, Florida.-'~ d O ., ~( ,.,x.,S (~'.It I, 4::. ;~ r: ,u.in~ t r ,,.:,.. oa (- L.~ra ~ G~-~~t ~. ~8 Cam; figs together with all end sirsgutar tM tenements, Mredltamenh and eppvrtances thereun;c beloryirrg a l anywise appertelnir.g thereto, end all rants, issues, proceeds and profits accruing end to accn» from uid pnmiNS, all of which are included in the above and foregoirq description and habandvm. TO HAVE AND TG HOLD tfie above dexribed end granted premius unto iM uld MORTGAGEE, it• suttestors end assigns forever. And tM saki MORTG R fa the ~ r help, executes, adminlttrators end assigns, Mreby covenants with 1M uid MORTGAGEE, Its wccestort and assigns, that ?r; °T'A lawfully seized of tM said premises In fee timplet that tM same are free, clear .red di.ch•rgsd from all Ilene and encum- brances in law or in equity, end shat thA~ .will and _~hAi r Mirs shall warrant and defend tM title to the same to tM said MORTGAGEE, itt succettort and~tignt, fwever against iM lawful claims and demands of ell pertomj PROVIDED, ALWAYS that if tM MORTGAGOR sMll pay unto tM MORTGAGEEc 1M promiuory rats herelnbafe• described and shnll truly, promptly and fully perform, d~scharga, execute, complete, comply with and abide by •ach and every the ttijulatlont, agreemer,tt, conditions end covenants of said promissory note end of this Mortgage, then this Mortgage end tM Estate hereby created shall coast and be null and void. IT iS UNDERSTOOD that tM word "Mortgagor" whether In tM singular a plural anywhere in this Metgags, shall be singular if one only and shell be plural jointly •rtd severally if Hare then one, and that tM wwd "shalt' as vied anywMra in this Mortgsgs siull be taken to mean "his;' "hers," or "its; ` wherever tM content so imptie: or edmhs. Also, thct wherever there is a rsF=:..:ce In tM covenants and agreen-~ents herein contained to any of the partiet hereto, tM cams shall be construed to mesn at well as tM heirs, Isgal npresen.4fivas, svcceston and acaigns (either voluntary by act of the putirs or involuntary 6y operation of the law) of the tame end that the covenants Mrein contained shell bind and the benafitt and advantages inure to tM respective Mirc, legal rtottssentetiv~s, succcaort end assigns of iM partiet Mreto. And said 1Aortgagors, fe themselves :red their hairs, legal representatives, succsssat and assigns, Mreby jointly and severally covenant and agree ro and with tM :aid MORTGAGEE, ih s~~cceuet and assigns: 1. To pay all and tinpular the principal and (reforest and tM various and sundry wmt of money payable by vlrtuo of said prc.nissory note, and thh mortgage, earh and every, promyaly an iM days retpsctrvely tM same wwrally become due. 2. To pay aTt end ttryular tM sixes, ever»mentt, IevyQt. Ilebilit{et, obllgationt and encvmbrsncas of sw.ry nature and kind now cn said described property, a that hcr'gaiter may. ba imposed, suffered, pln<ed; levied, or assessed thereon, a that Mraaftsr may M levied or assessed upon this Mortg- age, a tM indabtednest secured hereby, oath and every, when due end payable, accwdng to Lew, before they become delinquent, and before any iroerest :;r•ch~s or any penahy'is inev:re-d; ANO t`~SOFAR AS ANY THEREOF IS OF RfCORD THE SA,'hE SNAIL BE aROMPTLY SATISrIED AND DISCHARC,ED OF 2ECORD Ar:D THE 031Gi~tAl OFFICIAL COCi1MENT (SUCH A5, FOR INSTANCE, Tiff TAX RECc!PT OR 7HE SATISFACTION PAPER OFFICIALLY ENDOR~EC OR CCRTIFIED) SHALL BE Pi.ACfD IN THE ifAt:DS O~ SAID MORTGAGEE \YlTH1i2 TEN DAYS NEXT AFTER PAYkiENT; and in the evr:nt that any thereof rs not Held, sit sfied and discharged sa'd !,tORTGAGEE n±ay at arty tams pay the soma a any part ihoreof without waiving or affecting any option, lien, equity car ri;ht under cr by virtu' of the mortgage a-..d the full amount of each.ard every 'such payment shall bo Immediately due and payable and shall bear interest from the date tlxreof until paid at rate of nine per ceMvrn per arnvm and together with such Int:rest chall be secured by the Ilan of this morg!ege.