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HomeMy WebLinkAbout2221e, R. ~ ~,5~~57 r , 1 th ~` ~ Iecember ~D. lq 62 , betwten THIS INDENTURE Made ihta dry d Z~At 41ma ant] T.1]-11 ran RYrne~ hi a FIi ff3 _ of Ste I~T,1C ie County Florld., htreiruhtr d.algnated a the "MORTGAGOR," and FIRST FfDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpa+ttion organized era •x;erirry order tM laws of tM United Statee of Amerlce and fVVinq Ih principal place of busirwa In tM City of Fort Pltrw, St. Lucca County, Fktrlde, M-tfntftsr designated u tM "MOPT~AOGEE.'~U WHEREAS tM MORTGAGOR 4 ~uat'ry Indebted to.tiw MORTGAGEE in tM wm of S 1.2 ~ ~ ~ good artd 1•wful money of tM United States advanced by tM MORTGAGEE unto tf+e MORTGAGOR, as evidenced by a arUin promissory rwta of won dat• Mrewith, of which tM following In words and flgursa is a trw copy, to-wk: ~ Z ~ f 7 ~ 7 Fort Pitta, Florida, 1 ~ December , 9 ~ for valuo reivived, I, we or etcher of us, promise to pay, without defelcatton, to the order of FIRST FEDERAL SA~VIN~GS AND IOAN ASSOCIATIO."~ OF FORT PIERCE at Fort Ppp{a~~ra,~jFl~o+rida, tM sumy of Z ~ ORn~Q~~Q with IntDr st from date at tM rata of -!.1% per annum, in c~onthly install- ments as follows: f VyJ-~•7 on tM 1~t'hday of FA~rtlti)"'y~ 14 (~~ and • like wm on the corraap~ndinq day of each month there- after until the whole be fully paid. Each installment first shall be applied in payment of tM Interest and then on tM unpaid balance of tM principal sum. If default is trade in the payment of any installment when due, and such default continust 30 days, then at the option of the holder, and without any other notice, ail the remaining installments shall be due end payable •t onto. Privilege is given to prepay this note in whop or in part at any Lima without penalty. Nef~Mrjf~~ bearence, nor ecceptsnce by the holder thereof after any default In any payments hereon, shell be deemed extension. A Iste payment charq• of ~! `>~. shall bs added to each installment remaining unpaid 7 days after Its due data, and a like sum shell be added to each wch installment remainlry unpaid 7 day. after each succeeding payment date. ' Each maker, surety and endorser hereof, jointly end 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 vs; and fo pay ell costs of collection, including a reasonable attorney's fee in the event of any default hareurder, and Mreby severally waives •II benefit of homestead and exemption under the constitvtior and laws of each State of tM United States, as against this obligstlon or any extension a renewal Mreof. Witnatt tM hand end teal of each party. (SEAL) ay a yrne (sEAu h an yrne __ (SEAL) (SEAL) t ~- 2 t'~ 0 t Stott Rewnw (Stamps uncalled on original rwte) 12 ~~~ ~~ NOW, THEREFORE, tM MORTGAGOR for tM purpose of securing payment of said cum of i e • ,end the performance of tM cownanp and agrsaments hereinafter expressed, and for divers good end valwble considerations, by rhea pretsntt, doer grant, bargain, call, remise, release, convoy end confirm unto the MORTGAGEE, its succest:.r: end atstgns, all !fiat certain lot, piece or parcel of land, situate, lying, end being In tM County of - St . Lucie and Scats of Forida, desvibed at follows: Lot ?_0 31ock 24 RPIF_R PART: Ui1Ir~ ~3, accordinf*. to the Plat thQreof as recorded 1_r_ Plat Boole 10 at Page 80 of the Public Recoi-da of St. Lucie Cot~.~t~l, Florida. / ~T o~~/ . r (, ~ ' ri~i,.:a '"'• as ~L~t. L~ _.: ~ _ •:, ~~ together with all and singular the tenements, Mreditamanta ar,d appurtances thereunto belonging or In anywiso eppertalning thereto, end all rents, issues, proceeds and profits accruing and to accrue from said premises, all of which are included In the aE,ova and foregoing det:ription end hebendvm. TO HAVE AND JQ HCLL[1 the above described and granted premiere unto tM said MORTGAGEE, its successors and assignf forever. And the sold L r18 1• MORTGAG~Q for --- ---- Mirs, executors, administrator end usigns, Mreby covenants with the said MORTGAGEE, its svccesson and assigns, that j~4-~-~Y'B lawfully seized of the said premises in fee simpkj that the tame are free, clear and discharged from all liens and encum• brancet in Isw or In equity, and that ~ AV will and ~hA1_..L" ~ Mir shalt warrant and defend the title to the same to tM said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, A.IWP.YS that if tM MORTGAGOR shall pay unto the MORTGAGEE tM promissory rota Mreinbafore described end shall truly, promptly end fully perform, discharge, execute, r-^t-!~ ~nmcly with end abide by each end -vary the stipulations, agreements, conditions and covenants of uid promissory not- and of this Mortgage, then this Mortgage and tM Estate rereby ousted shall ceau and be null and void. IT I$ UNDERSTOOD that the word "Mortgagor" whether In the singular or plural enywFtere in this Mortgage, shall be singular if one only and rhall be plural jointly and severally if more than one, and that the word "their" es used anywhere In this Mortgage shall M token to mean "his," "hen," or "its," wherever the context so implies or admits. Alto, that wFr_rever there is a r•f.rence in tM covenants and agreements herein contained to any of the parties hereto, the tame shall be construed to mean as well •s the Min, legal representatives, auccestort and assigns (either vo!unrary by act of the parties or involvn!ary by operation of the law) of the tame and that the covenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legal representativet, successors and assigns of the parties hereto. And said Mortgagors, iw thamu!ves and their hairs, legal rep,oaentstivet, auccesaora and assigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successors end assigns: 1. To pay all and singular the principal and intsrett erd the various end sundry rums of money payable by virtue cf raid promiswry note, end this mortgage, each and every, promptly on the days retpectiveiy the tame sevtrally become due. 2. To pay elf end singular tM taxes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind -now on said described pro},erty, or that hereafter may bs imposed, suffered, placed, levied, or esseued tF.ereon, or that hereafter may be levied w guessed upon this Mortgt age, or tM ir>d9btpdneu socured Mreby, tech end every, when due and payable, according to law, before they become delinquent, end before any interest ~:t:cl,es or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE $AA1E SHALL BE PRUMPTIY SATISFIED AND DISCt1ARGED OF RECORD AtiD THE Oi2;GItiAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTP.NCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED J;i CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN SAYS NEXT AFTER PAYRSENT; and in the event that any thereof is not paid, :et?fied and discharg_d said ht^vRTGAGEE may at any time pay the same or any part thereoF without waiving or affecting any option, Tien, equity or right under or by virtue of tFa mortgage end the full ~rrtouni of each and every such payrnenf shall be immediately due and payable end smell bear interest :rc'n the dote thereof until na:d at rate of Hire per centvm per annum •rw together wah wch interest tha!I ba secured by the lien of the morggage. • _ 'g. f . ~rsK`,