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HomeMy WebLinkAbout2140~_ _i ~~ DEt c emti e r A.D. 14 6' b.nv«n THIS INDENTURE, Mad~JhLllti7A lih Paton~ATl(~ ~~51eII M~ f3.ton~ hifl }7[~ ~'g of ~t • Luc ifs Courtly Fbr{ds, her+inefnr deatgMted a the "'MORTGAGOR," and FIRST FEDERAL SAVINCt$ .AND 101,N AaSOr:IATION qF FORT pIER'E, a corporation orgarrized arnl existing under tM laws of tM United States of Pmerka end Mvirq Its pr(ncipei pbr~ of'~ bysinr:u In the City of fort PNru, St. ltxie County, Fla'ide, here:rtaftar deslpMted u tM~"MORTGAGEE." ,•' WHEREAS rho MORTGAGOR Is jwtly Indebted t0 tM NIORTGAGEc in 1M surr of S-Z~y~Q~.Q.Q.._-, cord end lswfvf mpMy of tba Untttd ' StaMS advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by • urtain promiuory ante of awn date Mrewith, of wh;tfs tM following in words and figuro: 'i • trw copy, towlh ~ ~ } ! _10 •- - 13 !~~cember 1~~ Fort Phra, F-orida, For valve received, I, we or either of us, promise to peY, without defalcation, to tM order of FIRST FcDERAI SAVINGS AND IOgN ASSOCIATION Of FORT PIERCE N fat Pleru, fho-+rlda, tM wm,ofn>~j.y~~~~L~Q------ ~"'ith Inttnst from date at tM rate of ~'i6 p+r annum; in montf+ly Inat+i4 menu a follows: S 107 • 50 on tM 1Qthdey of ~nrr-"'ly'-- i9~ end a like wm rn tM corrtspondinp day of each month thenr- after until the whole be fully paid. Each installment lint shell ba applied in payment of tfte Interest end then on the unpaid balanu of tM principal sum. If default Ic r.,ade in the payment of any installment when due, and such default continues 30 days, then at tM option of the holder, and1~thou~cn' of .'r notrNt~tMr torch«rarx~ installments shall be due and payable at ortfe. Privilege la given to prepay this note in whole or In pert at any M 'Y• nor ecceptence by tM holder ttiereof after any default In any payments Mrso^, shall ba d«mad extension. A late payment charge of S sMil be added to each installment remaining unpaid 7 days Sher Ih dw date, and a like sum -hall be added to tech such installment remaining ur.~ald 7 days ahtr each succeedirtz payment doh. Each maker, wrey and endorser hereof, jointly and ewually, waive demand, presentment protest and ratio of protest for nonpayment, and further agrees to any extensbn of time of payment, either before or after maturity, without notice to any of usj and to pay all costa of collection, Including a reasonable secrecy's f« In tM want of any default Mra'nder, and hereby awenlly waive ell ltaMfit of homestead and sxemplion under iM corrstih;tion and laws of each Stela of tM United States, a against this obligation M any extension or renewal Mreof. Witness the hand and seal of each party. (BEAU $~ j, am (` P a tpn, trEAU NA1 ~n M pat nn (SEAL) csEAu L 15. oo , st.t. Revenu. {Stamps urtcelled on orfglnal not.) 15 000 00 NOW, THEREFORE, the MORTGAGOR for tM purpcss of securing payment of said sum of Z • • and tM performartu of tM covenants and agreements Mre!~aher expressed, and fa divert good and valwble coruidentlons, by thew preanri, does grant, bargain, sal:, remise, raleaa, convey and confirm unto 1M MORTGAGEE, Its svcceuors end coigns, •II tMt uruln {at, plea or parul of lend, situate, lying, and betrtg In tM County of 4f 1 sin i q, -and State of Fbrlda, described n follows: `Lot 18 F31ock 17 RIVL'Fi PARK UNIT #2, accords ng to the Plan thereof as record ;- i n P1 at Book 10 at Pale 72 of the public Reco~~s of gt. Lucie County, Floridae ~ ,,i~;, - fir- ;i;~ ~ ~~ 4~, - l,1ta ~ , ter t1~~" .i,,':-ii together with all end singulsr the tenements, Mreditaments and eppvrtancM thereunto belonging or In anywise appertaining tMrato, and all renh, issues, proceed! and profits staving and to scow from ssld premists, all of which are included In the above and foregoing desuiption and habendvm. TO HAVE ANO TO ffOlD the above dewibed and granted prsmbst unto tM ofd MORTGAGEE, its sueussrrs end uslgns forever. And the said MORTGA R for ~'hej'~ Mtrs, executors, admini>;traton and suigru, hereby covenants with the said MORTGAGEE, Iri suaeuon and auigns, that lawfully ai:ard of tM said premises In fee Nmplet that tM same are flee, clear end discharged from ell lieru end ancurrr brences in law or In equity, end tMr~li3~ will and ~,.2'.}~.~.~ - Min shell wurMt and defend tM title to tM wme to tM aid MORTGAGEE, Its successors end coigns, forever agstrut tM lawful claims and demands of ell personal PROVIDED, ALWAYS that H eM MORTGAGOR shall pay rote tM MORTGAGEE tM promissory riots herelnbefon deaulbad and shell tr+rly, promptly end fully perform, discharge, execute, complete, comply with end abide by each end every tM stipulations, agreements, cond:siora end covenants of raid promissory rate and of this /yortgaga, tMn thin Mutgage end tM Estate hereby coated shall ceast• end be null s,x! void. IT IS UNDEit$TOOG Chet tM word "Mortgagor" whether In tM singular or plural anywhere In this #rortyaga, shall be singular if one only and shall ba plural jointly end saverairy If cows than one, and that tM word "I heir" h used anywhere In this Mwrtgsge sMll be taken to mean "hh;' "hen;' we„ipartiss hereto, tote Mme x~w beptanstueddto rtxanl ~ well n ihevMin,Klegal representatives, succruors end asigra (eitMr~va:un ary ihydad ofytM parties or Involuntary by operation of the law) of site soma and that the covensnts Mnin contained shall bind and the berurfiN and advantages Inure to the rRSpectlvs hale, legal representatives, wmaors and soigne of TM pottier hereto. _ And said McMgagon, for thsnsalvars and their Mlrs, lags! repreaRrttatl:~ss, waeuan end coigns, Mrsby jointly end severally covaMnt and agr« to and with the aid MORTGAGEE, !ts aucces:ors and saslgru: 1. To pay ail and si~gula tM pr?ncipsi and Intwest end the variow and sundry sums of moray payable by vit?ve of aid promissory rate, and this mortgage, each err,! wsry, Promptly on tM days reepecihrely tM ame severally become dw. . ?. To pay e11 :rd sirtgvltr tM texas, asaassmants, levies, Ilsl:ilitits, obilgsYidns and ancwgbrencas of we*y natwe and kind now on aid described p;~;';, y that her:after m.y be imposed, suffered, placed, levied, or aaeasaed tfteratn, a that hersafier may be levied or auessad upon this Mortg• age, or the indebtedness accurst i,..-:y, c:~;, .rtd every, when dw and payable, according to Lew; 6ela: t-`-': IW-^^=_ dcli.Tgwnt, end befoce my tnTerosl attaches or arty penalty is incvrredj AND INSOFAR AS ANY THECEOf iS OF RECORD TH: SAME SMALL f1E PROMPTLY SAi15f1ED AND OI.,CHARGfD OF R:(ORD AtiD THE ORiGt`:Al OFFICIAL DOCUMENT SSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE $Aii$fACTION PAPER OfFICiAIIY ENDORSED O: CERTIFIED) SHAH BC pIAC€D IN THE HANO$ OF SAID MOtiTGAGEf WITHIN TEN DAYS NEXT AFTEfi PAYMENTt and in tM tvsnt that e.ry thereof is not raid, sat.sfied and discharged u;d MORsGeAaEYw f Ilaemou t1of each srrd wrre~ry~such p+yrmari~s~ll be bnmedistarty~duaaendtpeabie andhall beseiq'tn'tara~ ri^ht unnar or by virtu. of this rrvurtgag i:6m th= date thereof ~rntil pai6 st rate of n'sM per Cmitxn par annum and together writh such interest shall be secured by the Ilan of the coo:gtsga. _ . o -