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HomeMy WebLinkAbout1179n. ~ r - ~ , ao~k ~~ ~acE~~~ THlS fNDENYURE. i•rLade rh. 26th ~ day ~ ~~- Norember ~_~~ A.D. )9 Ei2 botvvesti ~~''-Dorothy 3. Ho ea. a w doW of Jt• LLiC.1.A ,County florlda, hereirsaftsr daaignated as tM "AORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT f 1ERCE, • corporation wganlsed and axtttinp under tM levees of tM United SutN of Amarka and Mvinq Its principal place of bvalneu in -M G!ty of Fort Pierce, Sr luck County, Florida, herel+u daaignatvd » else " T WHEREAS the MORTGAGOR b jwtiy Indebted to tfse MORTGAGEE In tM wm of = ~~tle ~~ ~ good-and lawful money of tM United 3btes advanced by tM MORTGAGEE unto tM MORTGr9rCOR, as evWonced by a eettain pomltsory rsoto of even data Mrewith, of which the following In words nd; fi ur t is trw copy, towvitt ~ R ' ba e to ~ ~5 t ~ ~0 n ~ ; ^- ^ ~- -November 26N° `~ Fsri Piss, Florida, _19~~ Far vaTvtl reCeivrtd, I, sne or either of us, promises ~~yhvut~outOr~faludon, to iM order of FIRST FEDERAL SAVENGS AND LOAN ASSOCIATION OF FOPT PIERCE at Fort Pierce, Ftorl a, tM sum of i , • ~ with inte• st from data at the rate of b °,6 per annum, in monthly install- ments as followu lp • on the loth day of March 19_~ and a Ilke wm on the corresponding day of each m~ith there- after until the whole be fully paid. Each instr!Iment first shall be applied in payment of tM interest and then on the unpaid balance of the principal sum. If default is made in the payment of any installment when dues, and such default continuos 30 days, then at tM option of tM holder, and without any other notice, ell the remaining instelimynts shall be due and payable et onto. Privil.ga is gluon to prepay thlt note In whole or In part at any ttrr+e without penalty. Nest r foQrebearance, nor accsptann by tM holder thereof after any default In any peymentt Mrson, shall be doomed extension. .A late payment charge of S e 7 ,shall be added to oath imutlmant remaining unpaid T days after tts dw date, and a like wm shall be added to each such installment remaining unpaid 7 days after each succaedirg payment dab. Each maker, surety and endorser Mreof, jointly and severally, waivat demand, prewntment protest and notice of protest for nonpayment, end further agrees to any extensbn of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any default hereunder, and Mreby severally waives all benefit of homeataad and exemption under tM canstltution and lows of each Sbb of the United Stator, as against this obligation or arty extension or renewal hereof. Witness tM Mnd and seal of each party. /s/ DOROTHY S. HOLMES _ (SEAL) a W OW ~ (SEAL) --- _ rSEAII (SEAL) 15 a 00 1 State Rewnw (Stamps uncalled on original note) l5' 000 a 00 NOW, THEREFORE, tM MORTGAGOR for the purpose of securing payment of sold sum off end the performance of the covenants arxf agreamenri hereinafter expretted, and for divers good and valuable contideratio-», by tMse presents, does grant, bargain, sell, remise, retea», convey and cpnfirr+~unto JM MORTGAGEE, ib wcceswn and aulgnh all that certain lot, piste or parcel of land, titwb, lying, and being In tM County of SL a LuC18 and Sbb of Forida, dasuibad sa follows: Lot 11}, Block 12, FORT PIERCE BEACH SUBDIVISION, as per plat thereof recorded in Plat Book 8, page 29, public records of St. Lucie County, Florida. :}+• ~G.G? o ~. lc~. ;,u .. , togetMr wtth all and singular the tenements, hereditemen» and appurbnces thereunto belongirrq or in anywi» appertaining thereto, and ell rants, issues, proceeds and profits accruing and to accrue from t.id promisee, all of wfiidt ire included in tM above end foregoirq dewiption and habendvm. TO HAVE AN TO HOLD tM above described and granted prams»s unto tM sold MORTGAGEE, Its succeswn and saignt forever. Nnd the told MORTG GOR fQr ~er Mirt, executors, administrators and etslgns, Mreby covenants with the said MORTGAGEE, Its successors and assigns, that -~$--- lawfully seized of 1M said premises In fee simplaj that the tame ors free, tlasr and diuharged from all Ilsna end ancunr brances in law or in equity, and That She will and her hairs shell warrant and defend the title to the same to the said MORTGAGEE, its wccessors and assigns, forever against tM lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tM MORTGAGEE tM promissory nob f»reinbefore deuribed and shall truly, promptly and fully perform, diuhergs, execute, complete, comply with and abide by sack and eery the stipulations, agreements, conditions end covenants of raid promissory hots and of this Mortgage, t)sen thlt Mortgagr. and the Estate hereby ueatsd shell cea» and be null and void. IT IS UNDE35TOOD that the word "Mortgagor" whether in tM singular or plural anywhere in this Mortgage, ehall ba linguist If one only and shall bs plural jointly and severally If more than ones, and that tM word "their" as used anywhere in this Mortgage shall be taken to mean "hit;' "hers," or "its," wherever tM context to Imp!les or edmitt. Alw, that wherever there is a reference in the covenants and agreements herein contelned to any of the parties hereto, the sanx shall be construed to mean as well a tM heirs, legal repr.,somativ s, successors end assigns (either voluntary by ad of the parties er invo;untary by operation of tna law) of the same arv3 that the covenants herein contairrod shall bind and the besnufits and advantages inure to the rospective heirs, legal repre:entativas, wcceuors end assigrs of the parties hereto. And said Mortgagor, for themselves- and 1Mir heirs, legal represontativeb wccessors and assigru, Mreby jointly and wverally covenant and agree to and with tlx said MORTGAGEE, its successors and assigns: ' 1. To pay a!1 and slrsgviar the principal and Interrst and .he various end sundry sums of money payable by virtue of said promissory note, and this mortgage, each end wary, promptly on tM days rsapecti-nly the same »verally betome dw. 2. To pay ail and singular the taxes, astetsmants, levies, lisbiiities, otligatlons and encumbrarxes of every nature and kind now on said described property, or that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied or assessed upon this Mortg- age, or the i~tdebtedness secured hereby, each and every, when due and payable, according to law, before they became delinquent, and before any interest art ehes or any penalty is incurred; At~D INSOFAR AS ANY THEREOF IS OF RECORD THE SG1dE SHALL fiE PRO--'.PTLY SATISFIED AND D!SCHARGcD OF ?KORD Ar,O THE' Orl mil`:AL OFFICIAL DOCU'AEYT (SUCH AS, FOR RIS~ANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED On CERTIFIEC) SHALL E1'c PLACED Iti THE HANDS OF SAID MORTGAGEE V/ITHIN TEV DAYS NEXT AFTER PAYMENT; and in thr: event that any thereof is not :;;d, s1t'sried and d~schargrd said iORTGAGEE may at any time pay the same or any peri thereof without waiving or affecting any option, lien, equity or r.c~t v~+der or by virtu, of th's mortgage end the iu!I amount of each and every w<h payment shall be immediately due and payable and shall bear interest fro n the date ih:r:of intii pa'd at rate cF rtine per centvm per annum end rogrther vvah such interest she!i be.,sewred by the lien of skis morgtage.