HomeMy WebLinkAbout1793it. R. ~~ fkGr~~~ ----\1 - -- -- ----- - - .. - --
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THIS InwErfruaE ,Mad. th. 6th _ daY ~ December - _ 6 2
-- M :i Honeycutt an Lu a an Konegcutt, Fi s Tv ~`f3 ~s• 14`~ bates."
of St,,~ T.1~[! i ~ County F;oride, k•nkrittar
ASSOCIATION OF FORT PIERCE, • ca anon ~ o. tfta °MORTGAGOR;' and FIRST FEDERAL SAVINGS-AND LOAN
business h tM -arca. St L. trde Coun ~Fbrld axbting under the Nw• of tfq United Stataa of Amarka and Mvlry ih principal place of
City of Fort P tY, a, hpelnaf.N dealgnated w the M~Or~RTGAGEE."
WHEREAS tM MORTGAGOR b jw11y IrsrSabted ro'th. MORTGAGEE in the sum of;~RQ0~.~0
Stares advanced by the MORTGAGOf unto tM MORTGAGOR, as evidenced by a eartafn good and Icwful moray of the United
iwds aiO v o~O• 00 s.opy, to-witr - P~aorY note of even data herewith, of which tM follow;ng In
t •
Flo
_ Fort Pteroa, Florida, b December 19 ~
For valve received, I, w• w aitMr of vs, promise ro pay, without d+falatbn, to tM order of FIRST FEDkitAl SA~VING1S AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbrida, tM sum of ; ZO~r70~ •~0 with interest from data at tM rata of --~0-~6 per annum,~n monthly install-
ments as follows: ;~~ _ on tM 1. (]they of March Tq~_ and a like sum on the comas i da of each month there-
after until the whoa be fully paid. Porsd~ng Y
Lech installment first shall be applied in payment of the Interest and than on tM unpaid balarxa of tM principal sum. If default It made in the
payment of any instellrnent when due, and such default contlnuas 30 days, then at tM optbn of tM holder, and without any other notice, all tM remaining
installments shall ba due end payabls at once. Privilpa is given to prep+y~thls Hots in whole or in part at any tirrsa wtthout penalty. Neither forebearanca,
nor acceptance by tM holder thereof after any default in any payments hereon, shall bs deemed extension. A late payment charge of ;~~ shall be
added to each Installment remaining unpaid 7 days after Its dw data, and • like awn shall bs added to each such installment remaining unpaid 7 days after
each succeeding peymant data.
Each maker, surety end endorser hereof, jolntjy and severally, waives demand, presentment protest end notice of protest for nonpayment, and further
agrees to any extension of time of payment, either baton or after maturity, without notice to any of w; and to pay all cosh of collection, intivding a
reasonable arorney's fee in tM want of any default Mrwndsr, and Mraby asverally waive all benefit of homestead red exemption under tM constitution
and laws of ea;h Seats of the United States, as against this obligation or arty extension w rens~val Mraof.
Witness tM hand and Baal of each party.
( 1 ,, e ~~ t State Ravenw
(SNmps cancelled on aiginal rota)
M. H. Honeycu ~ ~ (sEAu
3rj-'~1 a an - oneycut (SEAL)
(SEAL)
' r ' (SEAL)
NOW, THEREFORE, tM MORTGAGOR for tM purpose of Nctrriitg peymant of said sum off 1 ~ a ~~~ • GO ,~ and tM
covenants and agreements Mn(naher expressed, end for divert good and valwbla cnrtNderatioru, b tMse performanp of tM
y pnsenis, does grant, bargain, sell, remise,
release, convoy end confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, place w portal of land, situate, lyirv~, and being in the
County of _St ~ Lucie ,,, and Stah of Florida, dasvibed » follows:
Lot 20 Bloclc 2 RIVER PARK UNIT ~1, accord_in~ to
the Plat thereof as recorded in Plat Book 10
at Page 69 of the Public Records of St. Lucie
County, Florida.
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together with ell and st~yuiar tM tenements, hereditsmsnts and appvrtances thereunto belongirq or In anywise appartsining thereto, and all rants, Issues,
proceeds and profit: acuving and to ecuue from said fxemiset, ail of which an included In tM a6wa and fwegoirp desuiption end habendum.
TO HAVE AND TO HOLD tM above desvibad and granted prsmisss unto tM sold MORTGAGEE, its succeuon and as:igna forever. And the said
MORTGAGOR fw --- tried' Min, executor, administrators end assigns, Mraby covenanh with tM said MORTGAGEE, its succeuors and auigns,
that -----f~l}~-~3e~wfully seized of the said pramisai In faa simple; that tM ume :ra frec, clear and discharged from ail Iians and ancunr
brances in law or in equity, and that---~.~1~vill and ~ t~'10 { T hair sMll warrant end defaced tM title to tM ums to the said
MORTGAGEE, its successors and assigns, forever against tM le•.vful claims and demands of •II persons;
PROVIDED, ALWAYS that if tM MORTGAGOR shall pay unto tM MORTGAGEE tM promivory note Mreinbafwa detvibed and shall truly, promptly
end fully perform, discharge, execute, complete, comply with •rtd abide by each and every the stipulations, egraements, conditions and covenants of said
promissory note and of this Mortgage, then thh Mwtgag• and tM Estah hereby seated shall ease and be null end void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in tM singular w plural anywhere In this Mwtpage, shall bs singular if one only and
shall be plural jointly end severally if mwa than one, end that the wad "their" as used anywhere in this Mortgage shall bs takeh to mean "his," "hers,"
or "its," wherever the context so implies or adr,tits. Also, that wherever there is a reference In tM co•~enants and agreements herein contained to any of
the parties hxeto, tM same shall be construed to moan ss wall as tM Mlra, legal representatives, succes::,::.nd assigns (either voluntary by act of the
parties or involuntary by operation of the law) of the soma and that the covenants herein contained than bind end the benefits artri advantages inure
to the respective heirs, legal representatives, successors and auigns of the parties hereto.
And said ;,hortgagors, for th.:mselvas and chair Min, legal representatives, wccessors end auigm, hereby jointly and sevsraily covenant ar,.! agree
to end with tM uid MOrTGAGEE, its successors and auigns:
1. To pay •II end singular the principal and (nterast arxf tM various end sundry sums of moray payabls by virtue of uid promitawy rwte, and this
mortgage, each end every, promptly on tM days respectively 1M lama savenUy become due.
2. To pay ell •end singvlsr tM taxes, assessmenh, levies, liabilities, obligations and encumbrances of every nahure end kind now on raid described
propery, or that h:reafter may be imposed, suffered, plaud, levied, or •saessed tl-errron, w that Mreefter. may ba levied w assessed upon this Mortg
age, w the indebtedness secured hereby, each and ovary, when dw and payable, according to law, befws shay becomo delinquent, and beFOr• any interest
attaches w any penally it incurred; AND INSOFAR AS ANY THE,4EOF i5 Of RECORD THE SAME SHAH BE PROMPTLY SATISFIED AND DISCHARGED OF
4ECO.RD AtvD THE OR!G;VAL OFFICIAL DC><U1;!ENT (SUCH AS, FOR INSTANCE, THE TP.X PECEIPT OR THE SATISFACTION PAPER OFFICIALiY ENDORSED
02 C[RTIFIi:D) SHAtt BE PLACED iN THE HANDS OF SAID MURTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
paid, rat.s'ied and discharged sa"d MORTGAGEE may at any time pay the terra or any pert thereof wia`,wt waiving or affecting any option, lien, equity or
right under or by virtu: of this mortgage and the full amount of each and every such payment sha!I be Immediately due and payable end shall bear interest
Iran the dale thereof until paid at rata of nine per renhum par annum and togethor w;th such interest shall be secured by the Ilan of the morgtage.