HomeMy WebLinkAbout1741~` eaR~ 5~. Frc.3~7
THIS IND'cNTURE. Msde the ~~ day of p~4~~ ----- A.Q. 19~ botwwen
. ~slQ,~e~ sL.-MS31:,~ ~D~dild. K ~ ~.~I1<i ~. Mw e s i~rl~ . hie W i f ~ ~
of ~~• j-'u4' ~~ County Florida, Mrehraftw designated as the "MORTGAGOR;' and FIRST FfDERAI SAVINGS AND LOAN
ASSOCIATION Of FORT PIERCt:. • corporation organt:ed end existing under tM (awe of tM United Sta•sa of America arsd ftarlrsg Na principal place of
busintat in ifs. City of Fort Paro, S:. Luca County, Florida, henfnaftet designated a tM "MORTGA EE:' ~ _
WHEREAS tM MORTGAGOR b jwtly {ndsbtsd b tM MORTGAGEE in die avm of ~ 7l 9 ~ • ~~ good end lawful money of the United
Ststas adranced by tM MORTGAGEE unto tM MORTGAGOR, as eviderxed by a cartsin promissory note of even dots Mrowlth, of which tM following to
words and figures a a trw copy, to-wit: 1~ 7 1
i 7 ~y~~p No_
fort Par.^e, FIorIJa, December 6,L l;~
For valor rece{vpd, 1, w• or either of us, promise to pay, without defalcation, to the order of FIRST fEDERAI SLLAVILLNGS AND LOAN ASSOCIATION OF
FORT PIERCE •t Fort Pierce, Florida, tM sump off}S-7_~r9ri~ • ~~ with interLest~from dote at tM rate of ~.5t% per annum, in monthly Inslall-
~ manta es follows: S 60.00 on tM ~± day of January 19•_~ and a like wm on the corresponding day of each month there-
e(ter until the whole be fully paid.
Each installment first shall be applied in payment of tM interest and then m the unpaid :sslan:e of the principal sum. If default If made in the
payment of any insteliment when due, and such default continues 30 days, then at the option of the holder, and without any otl.ar notice, all the remaining
installments shell bo due and payable at once. Privilege is given to prepay this note in whole or in pert at any time without pen~lry. Noi~ther(~fo~rebearanca,
nor acceptance by tM holder thereof after any default in any payments hereon, shall bs deemed extension. A (ate payment charge of S-J...a-="-, shall be
added to each installment remaining unpaid 7 days after Its des date, and a like sum shall be added to each wch 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 notice to any Of usr and to pay ell costs of collection, including e
reasonable attorney's fee in tM event of any default Mraunder, and hereby severally waives ell benefit of homestatd and exemption under tM con.titutlon
and la.vs of each State of the United Ststas, at sgairut this obligation a •ny extension or renewal hereof.
Witness tM Mnd and seal of each party.
S,~ JoseRh J. Messina (BEAU
' ~,~ Miri~rr+ F MegailiL (SEAL)
(SEAL)
Q(~, (SEAI)
~ ~i V ~ n0 ) Ststa Revanw
(Stomps cancelled on original note) 7 s 95o e y~
NOW, THEREFORE, tM MORTGAGOR for tM purpose of securing payment of said sum of S 7 and tM performance of tM
covenants and agreements Mreinaftar expressed, and for divers good and valuable considaretions, by. tMse presents, dws grant, bargain, sell, remi:a,
release, convey and confirm unto the MORTGAGEE, its successors and assigns, all shot certain lot, piece or parul of land, situate, lying, and being in tM
County of St T. t -~ A and State of Forida, described as follows:
The North 75 feet of the South 225 feet of the West 137
feet of the South 546 feet of tY',e North 726 feet of SE4
of NWT of Section 8, Township 35 South, Range Ii0 East. /~
Received $ _~
--- In paYm^nf of I~•rr,s du'
ectoCG1~ r, St. ~Lueie l;~l ~`~
>' !undd ~~
together with ell and singular the te±taments, Mrsditsmenb and appurtences thereunto belonging or in anywise appertaining thtreto, erd all rents, issues,
proceeds and profits accruing and to scc.ua from aeid premises, all of which are included in the above and foregoing description and habendum.
TO HAVE AND}.TO HOLD the above described and granted p:emisas unto tM said MORTGAGEE, ifs successors and astigru forever. And the raid
MORTC~A(._aOR for ~Q~ -heirs, •xecvtors, administrators and uslgns, Mreby cover..nta with tM said MORTGAGEE, its successor end assigns,
that ._Li1d~L A~'R -lawfully seized of the said premises in fee simple] that tM same are free, clear and discharyad from ell liens and encum-
brances in aw or In eouiry, and that th8~ will and thBil'--~ hairs sh:ll warrant and defend tM title to the same to the aeid
MORTGAGEE, its successors .nd assigns, forever against the lawful claims and demand- of ell persona;
PROVIDED, ALWAYS that :f tM MORTGAGOR shall pay unto the MORTGAGEE tM promissory note Mreinbefore described and shall truly, promptly
end fully perform, d•schergs, execute, complete, comply with snd abide 6y each end every the atipulstions, agreements, conditions end covenants of said
promissory rests and of this Mortgage, then this Mortgage and tM Estate heroby seated shall cease and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural enyvrhers in this Mortgag., shall be singular if ors on~y end
shall be plural jointly enj severalty if mots than ore, and that t.`.e word "shell' as used anywhere in this Mortgage tn~ll be taken to mean "his," "hers,"
or "its;' wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of
tf:= parties hereto, the Same shall ba construed to mean as wail as the Mirs, legal representatives, successors and euigns (either voluntary by act of tF.e
parties or involuntary by operation of the law) of the name and that the covenants herein contained shall bind and the benefits and advantages inure
to the respective hairs, legal representatives, succetson and assigns of the parties Mreto.
And said Mortgagors, for themselves and their Mira, legal representatives, successors and auigns, hereby jotntty and severally covenant and agr_e
to end with tM said MORTGAGEE, 14 successors and assigns:
1. To pay ell and singular /M principal and interest and tM various and sundry wms of money payable by virtw of said promissory note, end this
mortgage, each end every, Promptly on tM days respedirsly 1M same severally become due.
2. To pay efl•and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature end kind now on said described
property, or that hereafter may be impoud, suffered, pieced, levied, or assessed thereon, or that hereafter r.,ay ba levied or assessed upon this MortF•
age, or tM indebtedness secured Mreby, each end very, when due and payable, according to Taw, before they become delinquent, and before any Interest
cn_ches or any penalty is intoned; Ak0 INSOF.IR AS ANY THEREOF IS OF RECORD THE SA.tAE SHALL BE PROMPTLY SATISFI"eD AND DISCHARGED OF
RECG2D AV[) Tiff ORI,{`JAl OFF;CIAI DOCUM:NT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OQ CERTIFIED) SHALI BE PIACCD IN THE HANDS Or SAID MORTGAGEE V1:'ITHI:J TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
t;a:3, setsfied and dixharged said /rORTGAGEE may at any time pay :he :ame or any part thereof without waiving or affecting any option, lien, equity or
right under or by virtu. of this rne.tgage and the full amount of each and every such payment shall tx Immediately due and payable and shall bear interest
from the drh tF.ereai until paid at rate of nine per centum per snnum and togrthe• w;th scch inters' shell be secured by the lien of this montage.