Loading...
HomeMy WebLinkAbout1148l ao~r. ill ~>~~r4Zi~ ~ 3rd 'iHlS IND:NTURE, Ma;;a tM day of NQVe-nbt°r A.D. 19 2 between - --- .~ ~1-81-811d--337- t'-],3---R..--DIS~,u>san.~--hj 8 Ta 1 f e of __ .mot e LuoiA+ _y County Florida, Mrslrafter designated at tM "MORTGAGOR," and F!RST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corporation organized and axisr'rsg undo the laws of the Unaad States of America and having Icy principal plat. of busineu in the City of Fort Pierce, St. Lucia County, Flcvida, Mrdnaftar designated as fM "MORTGAGEE:' WHEREAS tM MORTGAGOR is iust!y indebted to the MORTGAGEE :n 1M a•.rm of ~~ ~~~~~~ ,good and lawful money of the United States ae(vanced by tM MORTGAGEE unto the MORTGAGOR, w evidenced by • urNin promissory note of even da» herewith, of which tM following in words and figures {s a true cony, to-wit: lo~ fort Piarca, Florida, 2~ NOVeP)ber 19 For value received, I, we or either of us, promiw frog pay, without defalcation, to the order of FIRST FEDERAL SLAVINGS AND IOAN ASSOCIATION OF FORT PIERCE et Fort Piarca, Florida, the sum of 5~~,~i'QQ • ~~ with IntLeres! from dare at tM rata of 6 a~% par annum, in monthly Install- ments es follows S ~~ e nQ-_ on tM .1Q~ day of Y~ug~ 19St_L and a like wm on tM cwraaponding day of each month there- after until the whole be fully paid. - Each installment first shall be applied in payment of the Interest and then on the unpaid balance of tM prirxipei sum. If default is made (n the payment of any installment when due, end such default continws 30 days, then at the option of the holder, and without my other notice, all tM remalnir.g instailmenh shall be due and payable et once. Privilege is given to prepay this ngte in whole or in part at any limo without penalty. NaitMr (orebaanncs, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S_ Z • ~1~, shop be added to each installment remaining unpaid 7 nays after its due date, and a lik• sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment dare. Each maker, surety and endorser htreof, )olntly and severally, waivef demand, presentment protest end notice of protest for nonpayment, and further agrees to any extension of time of payment, either before a after c~aturity, without notice to any of us; and to pay all costs of collectors, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemp!ion under tM constitution and laws of each Stare of the United Sratas, as against this obligation or ary extension or renewal Mreof. Witne:s the hand end seal of oath party. ' (SERI) S Jose h R. Newman ~ tsEpa . S Helen R. Newman (SEAL) (~ co ~ -_ `SEA" ~. ~ )State Revenue (Stamps cancelled on original note) ~ 11.. NOW, THEREFORE, the MORTGAGOR for tM purpose of securing payment of said sum of = LL•CQ~a~O ,and tM performance of tM covenants and agreements hereinafter axp•essed, and for divers good and valuable considerations, by 1Mse presents, dose grant, bargain, sail, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, plaza or parcel of land, sNuete, lying, and being fn tM County of $~ T•>>rt ~ a ,and State of Florida, dewibed es follows: Lot 11 Block M HARMONY HEIGHTS SUBDIVISIOP3~ according to .the Plat thereof as recorded in Plat Book 8 at Pag© 24 of the Public Records of St. Lucie County Floric?ae d ' to p~yrnRnt of t'x^s doe Received S~- ~- .,4 . , ..._.~lt i~ Ott C12SS ,C, ~1'~i~:".';'~~° ~2icD ` t l ., u ~~, ~, a city, ~~c__:~ together with all and singular the tenements, Mreditaments and appurtancas thereunto belonging or In anywise apperiafning tMreto, and all rank, luues, proceeds end profin acvuirsg arsd to accrue from said premises, all of which are included in the above and foregrsing descripti-sn and habendum. TO HAVE AND TO MOLD tM above dewibed and granted premiss unto tM uid MORTGAGEE, Iri succeuors and usigns forever. And tM said MORTGAC~~R for .their heirs, executors, administrator and assigns, Mreby covenants with 1M said MORTGAGE:, iri sucsuors and aulgns, that -~.Clt~-~ °-~ ° lawfu:ly rteized of the said premises in fee simp;ej that tM same are free, clear and discharged from all lieru and ancum• brances in Isw or in equity, and that t~1BY will and thf3iT hairs shall warrant and defend tM title to tM same to tM said MORTGAGEE, its wccessors and aulgns, forwer against tM lawful dolma and demands of all penonsj PROVIDED, ALWAYS that if tM MORTGAGOR shall pay unto tM MORTGAGEE tM promissory rate Mreinbafore described and shall truly, promptly and fully pertorm, discharge, execute, complete, comply with end abide by each and every the stipulations, agreements, conditions and covenanri of said promas:ory note and of this Mortgage, then this Mortgage and the Estate hereby aaated shall aaae and be null and void. IT IS UNDERSTOOD that tM word "Mortgagor" whether In tM singular a plural anywhere In this Mortgage, shall be singular ff o-te only and shall be plural Jointly and uverally If more then or», and that tM word "t Mir" as used anywhere in this Mortgage siuii be taken to mean "hie;' "hers," or "its;' wherever the context so implies or admits. Alec, that wherever there la a reference in tM covenants and agreements iuraan contained to any of the parties hereto, tM same shall be construed to metre as wall as tM Mirs, legal reoresentetives, tuccesson and assigns (either voluntary by ad of tM parties or involuntary by operation of tM law) of the same and that the covsnsntt herein Yontairted sMll bind and tM 1»nefits and advantsgn inure to the respective heirs, legal representatives, wccasaors and urgns of tM parties Mreto. Arad said Mortgagors, ior ihsmsaives and Ilteir hcira, legal rsproseMatives, tvcressws and assigns, Mreby {olntly and severally covenant and agree to and with the said MORTGAGEE, its successors end aulgns: 1, To pay ell and singular the pr,rxipal end inte;Ht and the various end sundry soma of money payable by virtue of said ptornbsory rate, and tfiis nwrtgage, tech and every, promptly on tM days rsspedively TM same sevarsily becortu dw. 2. To pay ail and singvlu tM taxes, usessrnsnts, levies, liabliities, obligations and entttrrlbrsrxn oz ovary nature wed kind now on said described property, w that here: fter may M imposed, sufrsred, plaud, levied, w aueusd thereon, or tfiat Mresfter cosy ba levied or assessed upon th'a Morig• age, or the andebtednau secured hereby, each and ovary, when dw and payable, sctord'tsg to law,' before they become dalingv-tat, and before any Ir,tarest ett:ches or any penalty is incurred; At:D INSOFAR AS ANY THEREOF IS bF RECORD THE SAME SHALL DE PROMPT:Y SATISFIED AND DISCHARGED Of `r.ECORD AND THE ORIGi`~Al OFFICIAL DOCUTAENT (SUCH AS, FOR INSTANCE, THE TAX REC.IPT OR TH: SATISFACTION PAaER OFFICIALLY ENDORSED OR CERTIFIED) SFiAIt BE PLAC.D IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /•.FTER PAYMENT; and in the event that any thereof Is not paid, satsfi~d and discharged said MORTGAGEE may at any time pay the Sara or any part tharepf without weaving or affecting any o;ttion, lion, equity or ,i;ht under or by vertu^_ of this mortgage and the full amount of each and every such payment shell be immediately due and payable end shell boar Interest from the dat9 thereof until paid at rate of nine per rentum per annum and roq~±!»r with such interest shall ba secured by the Ilea of this morgtage. t {:.,