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HomeMy WebLinkAbout1152n p t 0. R. 5Q fA~E ~QI~ BOCK ! Ti11S IhDEN1URE, Marla sM_ ~~ day of _~OVAJT)btir __ A.D. 19_SL~, berwaers -- ~`.Yr~ !(icks.,~~Wirfow - _ - of ~ • L;lcie _, County Florida, Mrainafttr dngnattd as the "MORTGAGOR," and FIRS1 FEDERAL SAVINGS AIVD LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and axiatLsg yndar tM laws of tM United States of America and hwtrg iN prlnclpal place of twsineu Fn tM City of Fort Plsrca, St. Lucia Coanty, Florida, M;elnafta! designated as tM "MORTGAGEE.' WHEREAS tM MORTGAGOR Is justly Indebted to tM MORTGAGEE in ttse sum of S-~'}~OO.OO • good /nd lawful money of the United States advanced by the MORTGAGEE unto tM MORTGAGOR, as evidenced by s certain promiawry Holt of even data herawifh, of which the fdlovvinq in words and figures is a trw copy, to-wit: lOa''I)O fort Piares, Florida, __ NOVeI'tbQr 2~ 14 62 For value received, I, we or ellher of us, promise to y, without defalcation, to tM order of FIRST FEDERAL SAVINNGS ANO LOAN ASSOCIATION OF FORT PIEP,CE et Fort ,Pie~rc'e, Flnorinda, the sump off yS~! ~OO tOO wyh intLer'est from dots at the rate of 6.6_°,ro par annum, M nWnthly Irnrell- ments as follows: S-~.~-a.~!`~- on iha iSLStil day of ranu$2~~1----. 19Sii._l~ and a like sum on the correapondinq day of each month thara- after until the whole be fully paid. Each installment first shall bo applied in payment of tM Interest end then on the unpaid belarsce of iM principal sum. If default is made in the payment of any ~nsrallm.enr when due, and such default continues 30 days, then st tM option of the Folder, and without any other notice. all the remaining installments shall be due and payable at once. Privilege in given to prepay this note in whole or in part aT any time without penalty. NeitLLherLLfonnrabsarance, nor acceptance by the holder thereof after any default In any payments hereon, shall ba deemed axtanslon. A Isle payment charge of T•~, shall be added to each Installment remaining unpaid 7 days after Ih dw data, anrf a Hka sum atoll be added to each ouch ira'allment remaining unpaid 7 days after each succeeding payr,tent date. , Each maker, surety and endorsor hereof, jointly and severally, waives demand, presentment protest and notice of protest fa nonpayment, and furtMt agrees to any extension of lima of payment, either before or after maturity, without notice to any of us; and to pay aH coati of collection, including s reasonable ettorncy'c fee In the event of any default Mreunder, and Mraby severally waives all benefit t,f homestead and exemption under the constitution and laws of each State of the United Staten, as against chic obligation or any extension or renewal Mraof. Witness the hand and teal of tack party. S~ tlyrt-1 tricks.., w dew (SEAL) (SEAL) 13 • ~O )Stets Revtnw (SEAL) (SEAU (Stamps cancelitd on oriz:.,al note) 1 BOO - OO and tM performsnea of eM NOW, THEREFORE, 1M MORTGAGOR for tM purpose of securing payment of said sum of S ~/ ~- - covenants and agreamenta hereinafter expreued, and for divers good and valuable considerations, by lMse prsunts, does gent, bargain, sill, remise, release, convey and confirm unto the MORTGAGEE, its succeswrs and stclgna, ell that certain lot, plate or parcel of land, situate, lying, end being in tM County of ~ f- T tTt i e -and Scats of Forida, dasaibad as follows: r"he Jest 51.25 feet of i~ot 2 and the West 51.25 feet of the North 35 feet of Lot 3, in Block 5, of DITTN[Attf S ADDITION to Edgartown, as per prat thereof on file in Plat Rook 1, at Parse 161 of the Public Records of St. Lucie County, Florida, said lots also being shown on Assessor'r map of the North part of Fort Pierce, as per plat book 1, at pane 164 of the public records of St. Lucie County, Florida, Subject to an easement of 18 inches on the East side of the above described property. AND Reginninr~ at the Northwest corner of Lot 2 of Block 5, of Dittmar~s Addition to Edgartown, as per plat thereof recorded in Plat Book 1, page 161; running East 51.25 feet for the point of beginning; run thence South 100 feet; thence East 51 feet; thence N r 00 feet; thence West 51 feet to the point of beginning. Received In payment e( hr on Class' ' Intar~gl~::^. Pefsnca Pr:~r~;t~ .~ . Ct-e .r cU?'t , L. rr s i i 'r ~+. i , . , r;:a „t . i Cotl~tor, Sk. Lucie Cou , Fiori~a~~ ~s ~~,~J togetMs with all and singular the tenements, hereditaments end appurtencss thersunty befongtnq w in anywiN appertainlnq tFsasro, and all rants, Issws, proueds end profits accruing and to accrue from sa}d premlees, ell of which era iruluded in tM above and faegolrsg dasuiption and Mbendvm. TO HAVE AND TO HOLD the shove described and granted premises unto iM uid MORTGAFEE, its svctasson and assigns forever. And tM said MORTGAGOR f~j` ~ --~A~--- ha?rs, execvton, administrators and cstgns, Mraby covenanh with tM s+id MORTGAGEE, iH wccessors and esslgru, that -$~$- 1-~3---- lawfully seized of tM said premises {n fie simpler that tM same are free, clear and discharged from ail Ilene aril truuns• brences in law or in equity, and that Ah,E~_ will and her Mirs shall warrant and defend tM title !o the same to tM said MORTGAGEE, its wccenors and assigns, forever against the lawful claims and demands of el{ peraonsr PROVIDED, ALVlAYS that If tM MORTGAGOR shall pay unto tM MORTGAGEE tM promissory note Mralnbafora daacribed and shall truly, promptly and fully perform, discharge, exsa~te, compisu, comply with and abide by each and every the stipulasioru, a-•eemante, conditions and covenants of said promissory note end of this Mwtgags, tMn this Mortgage and tM Estate hereby tatted atoll ease and ba null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether In tM singular or plural anywhere In tfiis Mortgage, shall be slrsqulsr If ens only aryl -hall be p!ursl jointly and severally li more than one, end that the word "t Mir" as used snywMre in this Mortgage shall be taken to mean "h1c;' "har•;' or "its," wherever the context so implies or admits. Alto, that wherever there Is a rafererxe In tM covenants end sgreementl hartin mntsined to shy of the parties hereto, the tame shell be construed to mean as well as ~tM Mirs, legal reprasentativss, auaessors and esa'vns (either voluntary by ad of tM parties or involvnrery by operation of the !an) of tM same end that the covenants herein conuinsd shall bled art.: i~.. benefits and advantsgss inure to tM respective heirs, legal representatives, successors and auigns of tM parties Mreto. P.nd said M,ortgagon, fw themselves end iMfr Min, Iagai rsprescrtatires, wcussors and asatgr~. Mraby jcinlly and tevetdly covsrant :red agree to and with the said MORTGAGEE, its successors and asaigrut i. To pay all end singular the principal and interest teed tM various and sundry wren of money payable by virtw of sefd pro;rtissory note, and this mortgsge, Bach and every, pr,xnptly on tM days respectively 1M lama aaverally bscorrta due. • 2. To pay ell and singular 1M taxes, assessments, levies, liabilities, obligetiora end encVmhranCa3 of every nsfvra and kind now on seldhdeMr~bed property, or that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or t),at )•.eraafter may be levied or assessed upon g' age, a tM indebtedness secured hereby, each end every, wh4n due aril payab{a, atcording to law,'before that become dslingvent, and before any Interest aneclres or any penalty is incurred; AND INSOFAR AS ANY THEREOF iS OF RECORD THE SAME SHAH f:E PROMDTLY 54TISfIEO AND DISCHARGED OF RECORD 0.?:0 THE ORIGS`;AL OFfIC!AL DOCUMENT (SUCH AS, FOR INSTANCE, THE iAX RECEIPT OR TFsE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHAH BF PLAC`_D IN THE HANDS OF SAID MORTGAGEE VrITHNI TEN DAYS NEXT AFTER PAYMENT; and In the event that any thereof s not paid, saYsfiod end dischuged said /AORTGAGEE may at any Ym~ pay the stmt or any part thereof without weivinp w affecting any option, lien, equity or right unt'er or br virtue cf this mortgage and the full a-^o.:nt of each and every such payment shall be immediately due and pa•~eb!e and sMil bear interact Lar+ the date thereof until pa'd at rate of nine per centum per annum and rogathe: w'th such interest shall be secured by the Hen of th;s morgtsge.