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HomeMy WebLinkAbout1434ao~K 5~ e~c~ ~0 r ``~ THIS INDENTURE Msds tM 29th day of TcTnvum}O~Ys A.D. 19_1~~__, btMasn Will.lf~r~T G. Howderahelt_ and Bertha Cr Howc?ershelt. hi~ifeL_ of _ ~t .L11Cja County Florida, Mrtinafta jcsign.,ted +s the "MORTGAGOR," end FIRST FFDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation organised axl •xlsttnp ursdsr tM laws of tM United Stsus of America and Mving Its principal place of bwir,su in the City of Fort f'ierc+, St, luci• County, Fbrlds, tssrelnafter designated as tM 'HMO 2OOEEOO WHEREAS the MORTGAGOR is justly indebted to tM MORTGAGEE in tM sum of ; 7 a good and lawful money cf the United States edvsncal by the MOfcfGAGEE unto tM h10RTGAGOR, t• tvidanced by a ctrsain promiuesy Hots of even daft herewith, of which tM following In worts and /f~iguresnr~ls a true copy, to-wit: p Fort Pierre, Fleslda, November 2Q~ l9 62 for value ta:elved, I, we es either of us, premiss to pay, w~it~hout dsfa!cariars, to the order of FIRST F~DERAILSAVL~INGS AND LOAN ASSOCIATION OF FORT PIERCE et fat Pierce, Florida, the sum of ~ r' ^ 200+-~--- with interest from date at 1M rata ox3.._p-% per annum, in monthly Install- ments es follows:;.~~ nn on the .l~r• day of •TAnttnrT'`f 19~_ and a like sum on tM correspondirq day of etch month there- after until the whole be fully paid. Each installment first shall be applied in payment of the interest end then on tM unpaid balance of the principal sum. IF default is mtde in fM payment of any installment when due, and such default continues 30 days, then et the option of 1M holder, and without any other notict, all the remaining installmer..s shall be dve and payable at once. Privilege is given to prepay this n01• in whose or In pert at any time without penalty. Neit.h~~erLLfonnrabearance, nor acceptance by the holder thereof after any default In any payments hereon, shall be deemed extension. A late payment charge of ;~._ill~, shall be odded to each installment remaining unpaid 7 days after its due dots, end a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without Horses to any of us; and to pay all costs of collection, Including a reasonable attorney's tea in :he event of any default Mraunder, and hereby severally waives all benefit of homestead and exemption under tM corutitutbn and laws of each State of the United States, es against this obligation or any extension es renraal Mreof. Witness tM hand and seal of each party. S W h~.~ls.l_~. (SEAL) ' S Bertha C Howdershel~i csrAL) (SEAI) (SfAtl 1 Stets Revsnua (Stamps cancelled on original mote) ~ OO OQ and tM ants of tM NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of acid sum of ; perfomt rvenants and agreemenh hsrtinaNet expressed, and for divas good and valuable consideretiona, by tMea prtaents, dws grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its succeswr• and assigns, ell that certain tot, pieta or parts) of lend, situate, lying, end being in tM County of _.Sf i 11^ ~8 -and Stets of Florida, daaibed •s follower , Lots 11 and 12, Block 2, COLLINS PARK SUBDIVISION, according to a plat thereof recorded in Plat Book ~, pac~P 37, public records of St. L+acie County, Florida../ Received $_'' O ~ ~ ~ in pavrr~nt of t~xps flue i,t~.; r .+.~' ~ : ~ tb. -fit -- - 0 -'- 1 lax t;~:!:,r'~x, ~t. Lt,r;e Ci;:.rr oil;ia /'""f/ `~'~ together with ail and singular the tenements, hereditements and appurtartces thereunto belonging or fn anywise eppertalnlrsg /Mrew, and all rants, issues, proceeds and profits accruing and to acuue from said premises, all of which are included in the above and foregoing desuiption and habendum. TO HAVE AND TO HOLD the above described and granted premise unto the raid MORTGAGEE, its successors and sssigrts forever. And the said NIORTGAGp R for the i ~ Mira, executors, administrators and aaatgns, hereby covenants with the sold MORTGAGEE, its successors and assigns, that thpv-~$-- lawfully seized of the said premises fn »• slmpk; that tM cams are fns, clear and discharged from all ilem and enrrm- brances in law or in equity, aril that_ will endt'}'1RyT hairs e'tall wurant end defersd the tills to tM umt to tM said MORTGAGEE, its successors end assigns, forever against tM lawful claims end demands of all parsons; PROVIDED, ALWAYS that if tM MORTGAGOR shall pay unto tM MORTGAGEE t!x promissory note Mrsinbafors desuibsd and shall truly, pra.^.ptly and fully perform, discharge, execute, complete, comply with and abide by each •rd every the stipulations, agreements, cortditioru and covensrts of said promissory ;+ote and of this Mortgage, then this Mortgage and the Estate hereby vested sMll cease and be null aril void. IT IS UNDERSTOOD that the word "Mortgages" whether in the singular es plural anywhere in this Mo,9gage, sMll b singular if one only and shall be plural jointly and severally if more than one, and that the word "their" as used anywMre In this Mortgage shall bs taken to mean "his;' "hers," or "its," wherever the context so implies or admits. Also, that wherever there h a referenu in tM covenants and agra+menb Mrsin contained to any of the parties Mrato, tM same shall be construed to mean as well as tM Mire, Ise,;l :.,sretanlattves, succeuese and assigns (tither voluntary by ad of tM parties or involuntary by operation of the law) of the some and that the coven.nrs Mrsin contained shall bind and the bensfitt and advantages Inure to the respective heirs, legal representatives, successors and assigns of tM parties fsarafo. _ And said Mortgagor, for themselves and tMir hairs, legal rspnsentativss, wccsuess and assigro, hereby jolztly and ssvtrally coverunt and =irx to end with the said MORTGAGEE, its svccessas and auigro: T. To pay ell end singular the principal and interns end tM various and sundry' sums of money payable by virtw of sak promluory reefs, and this mortgage, each and every, promptly on iM days respsi.ivsiy tM same severally brcome due. 2. To pay ell and singular tM taxes, auessmenn, levies, Iisbilitin, obligati:rs and encumbrances of every nature and kind now on said described property, or that hereafter may be imposed, suffered, placed, levied, es auaued thereon, es that hereafter may be levied x aseued upon this Mortg• age, es the indebtedness seturad hereby, each and every, when dus and payable, according to raw, bsfcre they become delinquent, and before any Intartst atr=ches or any pena~ty is i ~vr:cd; ..^.hD INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAH BE PROM-TLY SATISFIED AND DISCHARGED OF 2ECORD /!ND ?HE OR;~I~.AL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCc, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED Oz CERTIFIED) SHALL (i'e PLACCD IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT ATTER PAYMENT; and In :'+a event Chet any tMraof is not pz:d, :ataii~d and dnclrarged said MORTGAGEE may at any time pay the san^a or any part thereof without waiving or affecting any option, 1!!rt, equity or right under or by virtva'of this mortgage end the full amaunt of each and every such peym~nt shall be Immodinely dw and payable and shall beer Interest iron th.e data thereof vmil paid at rata of ring per centwn per annum and together with coati interest shall be secured b'y tM Ilan of this morgtage.