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HomeMy WebLinkAbout149899 rr'~~ A ~ THIS INDENTURE, Malt the ~~ day of _Ilovemb©1,_ A.D. 19 f~2. vetvvr«t Fila.y 1~!eEide._T~ri anti il~ie 2i. ;•1©ade, his wife of _ g t; • L11C i p County Florida, her+irsafter daeipnated as tM "MORTGAGOR," and FIRST FEDERAL SAVINGS Anlq L0.1N ASSOCIATION OF FORT PIERCE, a corporatbn orpanlzod and eri:!inp ursaar tM laws of 1M UniU3 Starts of Amaka arv~Mvftip i(k. principal play of bvaineu in the Clty of Fort Piares, St. LutN County, florida, hsralnehsr dtsipnatad as tM "MORTGAGEE:' ~ , _. •_ • •' •. WHEREAS tM MORTGAGOR 4 justly Irxfebnd to tM MORTGAGEE In tM gum of j ~1-o~Q • ~~ good end lavttul money of tF,e United States advanced by rlse MORTGAGEE unto tM MORTGAGOR, a evldsrxed by a certain promiuory rota of even data Mrswit,~ d wkrich the following In words and (iguras b a trw copy, lo-wit: ~ ~ ~, 6,00000 ~ No_ .t.0,_7Et?_ Fort Plates, Florida, ?t O y E3 mt,ZQr~''• ~ Q T q~~ For valve rccelved, 1, we or either of vs, promise to~p~ay~, svithovt dafalcatlon, to tM ordtr of FIRST FEDERAL SLAVILNGS AND LOAra ASSOCIATION OF FORT PIERCE at tortrr~Pierre, rf~brida, tM wm of j ~ t-+rnIl--- `With interest from date at the raft of t2~S2_'l6 per annum, In fwogthly Install- ments as follows: j 2~ a 7 7 on 1M ~~~. day of ~!?nt~ar4 19~~. and a like wm on the correapon`dinp day of each momh thsrs- efter until the whole be fully paid. Each installment first shall be applied in payment of the interest and theme on tM unpaid balance of tM prlncipel sum. If dv~euh it madt in the payment of ar~y installment when due, end wch default contlncea 30 days, then at the option of tM hoidtr, and without any other notice, all tM rsrtietning installments shell be due and payable et opts. Privilege is given to prepay this note in whole or In part at any lima without penalty. Ntlt'her~floI.rabearance, nor acceptance by the holdor thereof after any default In any payments hereon, shall be deemed extension. A late payment charge of j~ii-, sMll be added to each Installment remsinirsp unpaid 7 days abet Fh due date, and • like sum sMll be added fo each such installment rsmainlnp unpaid 7 clays after each svcceedinp payment data. , Each maker, surety end endorser hereof, jointly and severally, wolves demand, presentment protest and Holies of protest for nonpayment, and further agrees to any extension of time of payment, either before a abet maturity, wltheut notice to any of us; end to pay all costs of collection, including a reasonable aftorney'a fee in the event of any default Mravnder, and Mraby severally waives ell benefit of homestead and txemption under tM corutitutbn and laws of each State of the United States, as spainst this obligation or any extension or rtnswal Mreaf. Witness tM bond and Baal of each party. s/ Riley rieacis ..•~r. csEAu S/ Lillie ~. 2~f3Ad (SEAL) (SEAL) (SEAL) 6 • n0 t State Revtnw (Stamps cancelled on aiglnal note) ~ 000.00 NOW, THERf.FORE, tM MORTGAGOR for tM purpose of securing payment of said sum off ~ and tM parformanee of tM covenants and agrsemrrtb Mrelnaher sxprested, and for divan good and valuable considerations, by tMsa presents, does grant, bargain, sell, rein:a:, release, cones; and confirm unro tM MORTGAGEE, ih successors and aaipm, all that uruln lot, pieta a pared of land, situate, lying, and bslrsp In 1M County of S T.uc; P and 5ta•a of Forida, dewibed a follower The West ;' of Lot 1!F and all of Lot 15, T31ock 3, of ;';TLriA.RED ~TrgDIVISI01.1, as per plat thereof on file in Plat Book 8, at paF;e31, of the Public `~ecorris of St. Lucie County, Florida. Receiver! j~_Q..~ in Payment o! !axes due On Class 'C' Intangible pprt~1131 Pro art Chalaer c0 L,=;;s D( F~tur;~?• i p y Pursuant t0 a, ,u;s ~. 1941 Tax Collector, St. Luci~'~~ orida . ~~ together with all and sirtgvlir the tanemanh, Mrsditementt and appvrfances thereunto belonging or In anywise appertdntnp thereto, end all ants, luuas, proceeds and profits acuuirp and to acuw from said premises, all of whirls era included In iM above and foregoing description and habendum. TO HAVE ANf: TO HOLD the above da±uibsd and granted premises unto tM saW MORTGAGEE, Its ssxcsasors and ,assigns fortvtr. And tM said MORTGA R for t~8~i' - Mirs, executors, administrators and asslgns, Mraby covenants with tM said MORTGAGEE, its esxcasson and ass'tgru, that ~P@-- lawfully seized of tM uid prtmius In fee simple that tM uma era free, cigar and discharged from all lisps and encum- brances In law er in equity, and that- fi~~ will and thA i r Min sMl! warrant and dtfsnd tM title to tM sarr» to tM said MORTGAGEE, its successors and auigns, forever against tM lawful claims and demands of all persoru; PROVIDED, ALWAYS that If tM MORTGAGOR sMll pay unto tM MORTGAGEE tM promissory note Mrelnbefore dewlbed and shall truly, promptly and fully perform, discharge, execute, complete, comply with end abide by each end every tM stipuietions, aprtemen!s, conditkrns and covenants of said promissaxy nose and of this Mortpsgo, then thI- Mutgage and tM Estate hereby vtated sMli caau and be null and void. IT i5 UNDERSTOOD that the word "Mortgagor" whether In tM singular or plural snyvvhare In this Mortgage, shall be aingular If ape only and shell bs plural jointly end severally i( more than one, and that the wad "their" es used anywhere In this Mortgtpa sF.all be token to mean "his," "Mn;' cr ''Its;' wherever the context so implies a admits. Also, that wherever there is a reference In the coven:~h and agreements Mrein contained to any of the parties Mnto, the same shall bs construed to mean as wall as tM Mln, IegaT npresrttatiws, saxcesson and asslgns (either voluntary by act of tM potties or lnvoluntery by operation of the law) of 1M same and that the covenants htrsln contained shall bind and tM benefits and advantages Inure to tM respactlw heirs, Icgal reprssentatiiea, aucctsars and assigns of the parties Mrato. _ And Bald Mortgagor, for themselves ern! their heirs, legal repressntathres, successors and assigns, hereby jo!ntly and ssverolly covenant and egret to and with the sold MORTGAGEE, its wuasars and a3signst ' 1. To pay all and singular tM principal end interest and the various end sundry w'ms of rrwmy payable by vitYve of said promissory note, and this mortgage, each and every, promptly on tM days mpectively tM same wwrally become des. ,_ 2. To pay all and singular tM taxes, assessments, levies, liabilities, obF~gattcns and srcvmbrarscss of ovary nature and~kind now on said desuihed property, or that heroafter may be imposed, euffarad, pieced, levied, or ssssssed thereon, or tMt Mreefter may be levied w assessed upon this Mortg- age, orthe indebtedness srcured Mraby, each and wary, when des and payable, according to lees, before they become dsllnquent, and bsfon any Interest att;.chea or any penalty is i±curred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY SAT15f1ED AFiD DISCHARGED OF RE40RD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED 03 CERTIFIED) SHAH 8E PLF.CEC IN THE HANDS OF SAID MORTGAGEz WITHIN TEN DAYS. NEXT AFTER PAYMENT; and in tM ewni that ary tMreof is not paid, sat'sfied and discharged said h4CRTGAGEE mr/ at any time pay the same ar any part thereat without waiving or affecting any option, lien, equity cr right under or 6y vktv3 of this mortgage and the full amount of each end erary such payment shall ba immediately due and payable end shall beer interest from the date thereof until Fa:d at rtie of nine per csntum par annv.^ end together with such Interest thdl be socvred by the lien of the morgtage.