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HomeMy WebLinkAbout1500' ~0~'K F'~r- YHIS INDENTURE, Made than da of November _ A.D. 19 ~~ ~ b.twcen . _~.est©s A. Slieffie~d and Margaret ii, Stiefi laid, 3iis wife _ of ___ ~ t * iul1C 16 ~ Can Ftpr{da, hsrsinafNr dealpnatsd as the ''MORTGAGOR;' and FIRST FEDERAL t3AVING,S ADCs LOAN ri AS$(KIATiON Of FORT PlERC!', • COrFOratiOn Organised and exiss:ng und•W tM la•M of tM United Stetas of Amt,-ic~ and Mvinrf its principal, plate buairt+u M the City of Fort Pi•rca, St, facie County, Forida, ha*sln.fter dtaigrtattrl es tM "MORTGAGEE:' 1', WNEREAS tM MORT'GAC,Ok b justly Indebetd ro tM MORTGAGEE fn the sum of S ~ e ~~~ • ~~ good end lew4u! manes of the United States advanced by tiw MORTGAGEE unto tM MORTGAGOR, a wldenced by a certain promiuory rw~tt of oven date Mrtwith, a~whicfi the folbwing in wads and figures Is a true copy, to-wit: '~• 10 61 • t'i00,00 NO Fort Pitm, Florida, November „30 T9 2 For value received, I, we or either of us, promise to pay, without defelcatlon, to the order of FIRST FEDERAL SAVINGS AND, 40AN ASSOCIATION OF ~00 •00 with interest from date et the rate of 6_96 par annum, in monthly Instsl{- FORT PIERCE at Fort Pierce, Florida, the sum of ~~ j~ ~ Tamar 19 YJ- and a like sum on tM corresporxlinp day of each rrwnth thera- ments as follows: S11 `=~~ on the ~` sW day of y after unt;l the whole be fully paid. Each installment first shell be applied in payment of tM interest and then on the unpaid belerxe of 1M prin^.ipel wm. If default is made In the payment of any insrallmsnt when due, end such default continual 30 days, then at the optbn of the holder, end without any other notice, all the remaining instalin,ants shall be due and payable at Dots. Privilege is gluon to prepay this note in w!sole or in part at any time without penalty. Neither forsbeha'nc~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of 3~•~ added to each installment remaining unpaid 7 days after ib duo date, and a like wm shall bt a.ided to each wch inabllment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, (ointly and severally, waives demand, presentment protest end notice of protest for rwnpat•ment, and further agrees to any extension of time of payment, eitt+er before or after maturity, whhout roGCe to any of us; end fa ti•• all costs of collection, lndudinq a reasonable attorney's fn in the event of any default Mreundsr, and hereby severally waives al! benafii of fsomest~ed end ezemptiun under tM constitution and laws of each State of the United States, as rgainst this obligation or any extension or renewal Mreof. Witness the hand end seal of each party. f+i Aid S~ Les ter A Shef (SEAL) S~ TSarc~f~re_t~i .. ShOffiel tl_ csEAE) csEAE) csEAu I ~ ~i~ 1 State Revenue (Stamps cancelled on origlnsl note) ~0 a ~0 and tM ptrforrnanct of tM NOW, THEREFORE, the MORTGAGOR for tM purpose of securing payment of sold sum of 5--~ covenants and agreements Mrsinaher expressed, and for divers good and valuable consideratiau, by tlsest presents, dws grant, bargain, sell, remiss, release, convey and co~fi•m unto the MORTGAGEE, its successors and assigns, all that certain lot, plea a petal of land, situate, lying, and beirsLt in the County of S ~ ~tT ~ i @ -and State of Forida, dtwibsd s< follower Lot 20 and the East 8 feet of Lot 22 of Olson's Sub- division, a4 per plat thereof on file in Plat Book 8, at paf;e 59, of the Public Records of St. Lucie County, Florida . ~E~IV~~ ~--_.--~~ Q-a dfl X193§ '~' iI!~a~~i61~ parslonalpPYomPnt u( taxes title l;ft'}~~@( `~ti~>/~ laws p( Flonria y Pursuant to ,Acts of lg.l1 - --- a~ '(ecto~, St. facie Corn- >~ . together with all and singular the tenements, hertdiumants and eppvrtartces thersunro belorgirtg or (n anywt» sppartalninq fharero, end all trots, issues, proceeds end profits rccruinq and to accrue from said prembss, all of which are included in tM above and foregaing desuiption end habendum. TO HAVE AND TO HOLD the above dtsaibsd and granted premise smro tM uld MORTGAGEE, its successors and auigns forever. And tM wid MORTGAGOR for --}-vTSd~r--- emirs, execvton, administrator aril aa(gns, hereby rovenants with-the said MORTGAGEE, its avccssson end assigns, that -~}gg-&3°9-- lawfully seized of the said premises In fee simple; that the same are Prat, clear and discharged from all Iisns and sncum• bran_es in law or in equity, and that~i~~-- will artd - their Min shall wunn4 end dtfxtd tM tiNa to the sarr>r to the seed MORTGAGEE, Its successors end auigns, forever against tM lawful claims and d:mands of ell penorssi PROVIDED, ALWAYS that If the h.ORTGAGOR shall pay unto the MORTGAGEE tM promissory rwro htrtinbefore deaaibtd and shall truly, promptly and fully perform, dis~hargs, execute, complete, comply with and abide by tech and every tM atipulatiorss, agreements, conditions and covenants of said promissory note artd of this Mortgage, then this Mortgage and the Estate Fte;tby vested sMll pest and bt null arso word. IT IS UNDERSTOOD that tM word "Mortgagor' whether in the s?regular or plural anywhere Ire .this Mortgage, shall bo singular If one only and shall ba plural jointly and sevsrelly If more than one, and that tF word "t hair" as used snywhen In this Mortgage atoll be taken to mean "h:s;' "Mrs;' or "its; • wherever the context so implies or admits. Also, that wherever there is s reference in tM covenants and tgrs,smtnts Mrein contained to any of the parties hereto, tM same shall ba construed to mean ss well as tM Min, {tgd rsprtsentetives, successors and assigns (either voluntary by as of tM parties or involuntary by operation of tM law) of the same and that the covenants Mrtin contained atoll bird and tM benefits and advantages Inert to tM rapetlivc heirs, legal rapresentetiws, wrc:-awn and eulgns of iM pa.~lts Mnto. _ And said Mortgagors, for themsslvss and tfroir Mln, legal nprtstMativw, wcetseon end tseigra, hereby jointly srsd avtrally covenant trsd agree to and with the said MORTGAGEE, Its successor and essigrx: 1. To pay all and singular the principal and interest and the various and sundry wrm of money Payable by virtue of said promissory Hots, and thb mortgage, each and every, Promptly on tM days rsspecti:•cly the same severally becorrst dvs. 2. To pay all end singular tM texe:, s,seuments, levies, Ilabiiities, obllgetioM and tncumbrartas of every nature and kind now on said described property, or that hereafter may be imposed, sectored, placed, bvled, or asatesed thereon, or treat M»sftsr may bt levied or assessed upon thb Mortp• age, or the indebtedness secured hereby, each and army, what des and payable, accerdi;sq to taH, Mfore tiwy become dtlingwnt, and before any interest attaches or any panties is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY SATISFIED AND DiSC,iARGEO OF v,ECORD Ati0 THE OQ!Gl~'AL OFFiCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SnTISfACTION PAPER QfFICIALIY ENDORSED 02 CEP.TIFIED) SHAH BE PiACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT] and in tM event that any thereof la not paid, satafied ar:d discharged said MORTGAGEE may et any time pay iM tame or any past thereof without waiving or affecting any option, 1{en, equity or t o+-n the da er thereofuuntl pe d a~ rtete ofannshoerucrrntumrpe annum artd togatfwrow hytuehtinttrmstMiha~bt+siawrud by Met IGen of th mergtagt. 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