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HomeMy WebLinkAbout1088a. e.• ,, ~ ~~~~ ~~ fA,~~22 16th ~ November A.D. T9 b2 between T-1!S INDENTURE. Made th. _, day of - - .7t~.~T~' il..~sr ~_ a e~ _ F.~~'~do~~_Millar~ his rife _- of St • Lucie County Florida, Mnlnahsr o.signatsd a tM "MORT~iAGOR;' and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE, a eorporatiars orgen!:ed •nd sxhtinp under tla bwa of tM United Stalos of Artserka and having Ma. principal place of bvsinrss In tM Cny.9f Fert Pisru, St. Lucia County, Honda, Mts!nshsr dsalgrtihd n tM "MORTGI.GiE:' 1VH~f:EAS the MORTGAGOR is justly Indebted ro tM MORTGAGEE In tM twm of a ~~Qa-~9 sTa'd and lawf~l.morray of tM United Staten advented by tM MC:RTGAGE>_ unto tt,e MORTGAGOR, as evk'enced by • certain promiaaory rate of even data Mrawith, of which tM following In w~ }~sd.Or~"rea o a true copy, tOwit: 5 ~an ~ 10 2 Fort Pierce, Florida, lb November l9 For value received, 1, v:e ar either of vs, pro ~a t ( without defaluthrs, to 1M order of FIRST fEDERAI SlAVINLGS AND LOAN ASSOCIATION OF FOR1 PIERCE at fort ierfe, Florida, the •vm of ~ ~•~~'",sn0 with IntRr t from date at tM rots of ~Gl.s.p'% per annum, in monthly Inatall- ments ea follows: i 9 e ~4- on tM lOt~d.y of ~ anuan;~ 19~ end a Iik• wm on tM cornapond'+ng day of esch month tMre- efter unri; the wfiole be~ully paid. Ee~h installment first shall be applied in payment of the interest and then on the unpaid balance of tM principal sum. If default is made in tM pay~n~nt of any installment when due, and such default continust ~ days, then et tM option of tM holder, e;sd v+ithout any other notice, ell tM remaining irstaiiments shall be due and payable at once. Privilegecs given to prepay thh Hots In whole or In pan at any time without penalty. Neither forcbeerance, nor acceptance by the holder thereof after any default in •ny paymen» Mreon, sMll be deemed •xrension. A late payment chsrge of~_ - ~. • 9a shall be added to each Ineteliment remaining unpaid 7 days after i» dw data, and a like surn atoll be added to each such installment rornaining unpaid 7 days aher earn wcceeding payment data. Eath maker, surety end endorser hereof, jointly and aevortlly, waivot demand, presantmsnl protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay ail costs of coiledton, including a reasonable ettorney'a fee in the event of any default Mreunder, and Mreby severally wolves all b,;nefit of homestead and exemption under tM conatitvtton and lawn of each State of the' United States, as against thle obllgaN.on or any sxtenaion or renewal Mreof. _ Witness tM hand and acl of each party. (SEAL) S osepn t er A~~ S argare ~ z-. an o p ~~ 1. rr _ ~EAu (_ 4 •? ~ )State Revenue _ (Stamps cancelled on original rata) I, C)'~Q t(~Q NOW, THEREFORE, tM MORTGAGOR for tM purpose of securing payment of said fum of = f and tM performance of iM covenants and agreements hereinafter •xpreased, •nd for divers good and valuobia conatderationa, by iMu grannie, does grant borgeln, call, rsmiae, release, convey and confirm unto the MORTGAGEE, its tuccossors and assigns, •II that certain lot, pieos or parcel of land, situate, lying, and bang in tM County of Sf: _ Y t] P ~ A and S»t• of Fbrida, desaibsd a follov+st The South 40 feet of Lot 11 and all of Lot 12 Block 3 WESTWOOD MANOR SUBDIVISION according to the Plat thereof as recorded ir_ Plat Book b at Page ~6 of the Fublic Records of St. Lucie Countq, Florida. Rr>re; ,, ., ; 7 O~ rfl8.::r 'l: - „t: ~n(" Gj f3X?S dU9 ~~~.~ L~ - ~ ~~~ , ~ i j suant to L : ,!~ (,~,,: t9ri~~a "~ Ptw Dreg ng t+wl pPs~ .g ~ .n r.,.ta, i;.:xs, together with all and sirgular tM tensmen», Mreditaments and • rtencsa tlxnunto bel i or in sr~ so a slrlr thwnM, . r.. -, proceeds and profits acuuing and tc sctrw from aid premises, all of which are included In the above and foregoing desulption and habsndvm. 70 HAVE AND TO h!OLD ihs above deacrtosd and granted premises unto tM said MORTGAGEEc, i» suo:etaat need assigro forever. And tM aid MORTGAGOR for -:~ ys ° { " Mtn, sxscvtora, adminhtrators and aaigr», Mrsby coverunri with ifia akl MORTGAGEE, i» wtteswn and assigns, that -~~~'-$Z`C law(vlty tai2sd v; tM a1d prsmissa in fss slmp(a; t(ut tfsa ems an free, dear and diuMrpad from all Ilene arsd ensum• trances in low or in equity, and thot~alillQ~ will and thA~Y' ------- MI+* shall warcant and rwfend tf-a this ro tM ame to tM a1d MORTGAGEE, its svccesson end osaigru, forever agalnat the lawful claircu and demonds of all pertonsj PROVIDED, ALWAYS tMt if tM MORTGAGOR atoll pay unto 1M MORTGAGEE tM Promissory note heratnbsfore dew}bod and shall truly, promptly erd fulty perform, discharge, execute, complete, camply with and abide by each and every IM ttiputatlons, agreemen», conditions and covenants of aid promissory note end of thh Mortgage, then this Mortgage and the Eshte Frnby created s-so11 canna and bs null eruf void. iT IS UNDERSTOOD that tM word "AP.atgagor" wMther In tM tirsguisr a plural snyaM» Fn this Mortgage, shall be siryvlar if one only and shell be plural jointly and severally If rnore tfion one, and that tM word "t hair' as used anywfn+n in Chia Mortgage shalt be taken to rrs:on "hie;' "tort," or "its;' wherever 1M context w Implies or admits. Alto, that wtserever there is • reference !n tM covenants and sgresmenta Mrein contained to any of tM parties hereto, tM entree atoll be construed to nsesn as wail sa tM Min, legal npresantetives, tutcsstors anti aaigrts (either volumary by act of tM parties or Involuntary by operation of tM law) of the same and tF»t the covsnanta Mrein t~ntalnsd atoll bind and tM Lvrnfiis and advanttges inure to tM reapectivs Mira, legal rspresentetiva, auccetaort and asstgnt of tM prrtist herero. __ _:- And said tAortgegors, for themselves end their M!n, legsl rspresentatlvsa, wccassara and osolg:.s, hereby Jointly and severally cvvonant end agree ro and with the std MOkTGAG€E, its successors and assignst 1. To pay oil and singular ins printipal and intsrast and N>e various sn d sundry sums of tt~o,,ty payable by virtue of raid promissory note, and this martgsge, each and every. promptly on !M days rsspxtively tM evens teverelly bscon» due. , 2. To pay e!I and singular 1M taxes, astessmen», levies, liabilities, obiigattoria and erscvrrstsrartces of every tsatvre rrd kind now on esid dascaibed property, or that Mroafter may be imposed, sulfated, pieced, levied, w otstssad tftsreon, or that hersaft~ may bw levied a asessad upon this Mortg- oge, or tM indabtednsss secured Mrsby, each arsd every, when dot ers^I paysb~, setordirsg to lsw,'befus they become datinqua.nt, and before any 6^'.crost attaches ar any penalty is incurred; AKD INSOFAR AS ANY THEREOF 15 Of RECORD THc SAM;; SHAH fit PROM1rTlY SATISFIED AND DiSCHARGED OP RECORD AND THE 0~21Gt`tAl C3FFICIAI DOCUMENT (tUCH AS, FOR INSTAwCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED 03 CERTIFIED) SHALE 6E FiACia7 IN THE HAND5 OF SAID MORTGAG€E WITHIN TEN DAYS iYEXT AFTER PAYMENTr and in the overt that arty thereof ?s rat Na;:l, eat'sfiod and discharged avid MORTGsGEE may at ony rims pay tM ems or any part thereof without w+ivin-~ sir effacing any option, Ijsn, erTuity or right w,der er by vi~nr: of iF:ia mortgage and the full amount of each and every avch payment shall bo immad'vtaty duo and payable end shall bear interest f;.~,r. the dote rhzreof vnrit pa"d at rate o} nirv per cantum psi annum and together vrith such interest atoll M svcurtd by th^ Ilan of Chia morgtsge. ~ .. ~ r