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HomeMy WebLinkAbout2249---- - -~~~~ -_52~P~~~85 nf~~,Qm~er S~.~I.l1CIE COUNTY,,~~ATV~, b.twssn THIS INDENTURe, Made ties.. 1 fi'~r~ K{~~~1'i.~_~ a -a y ~ 1 i n~{~~~7 }T{ ~ tall ffl _ ~rsarsn n rt; _ T,TYZ { A County Flarlds, twaraineflK dwlgnatsd „ tM "MORTOAGOR," end FIRST FEDERhI SAVINGS AND IUAN of ASSOCIATION C!f FORT PIERCE, a corporatbn organlt+sd tsstd ~att`•sYng ands. IM laws of tM United Sut.a of Artserlca •nd having its prindpal plan o iwslrsast In thr CNjr of, Fort Plsrce, St. lucfe County, FI«ida, hsrslruftsc dsslyEnatsd a rM "MC~TOAGEE: ' 2 ~~~ • ~~ and lawful money of the United WHEREAS tM MORTGAGOR It justly Indebted w tM MORiGACsEE In ttw tw~meokit ; isa« rsote of awn data M with, of which the following In States •dvarxed by tM MORTGAGEE unro 1M MORTGAGOR, as evidsrsced by pron+ Y words •n E pOO b'Otrw copy. lowlir 10 o - F«t Pl.rn, FI«id., 14 December T9 F« valve received, I, wa « tither of sss, promise pay, without defelcstion, ro tM order of FIRST FEDERAL SAVINCrS AND LOAN ASSOCIATION OF ~. n~n s ~ ~ with interest from date at the rats of ~ p.r annum, In monthly install- FORT PIERCE at fort Pierce, Fbrida, tM sum of ; menu as follows: ;---r.}+-Fsu~-~-- on tM ~.' }'-~d•Y °f --~~I'~ 1 19~ and s like wm on tM corresponding day of each mavh there- after until Ih• while be fully paid. Each installment first shall be applied in payment of the interest and than on the unpaid balance of the prlncioal sum. If default Is mado In the payment of any installment when due, and such default continues 30 days, then st the option of the ho?der, and without •ny other notice, all the remaining installments shall be due and P+Y+bls at once. Privilege is given to prepay this note In whole or In part at any time without penalty. Neither forebearance, nor ecceptence by ti,e holder 1Mreof after any default in any payments Mreon, shell ba deemed a~eternion. A Irh payment cheryo of ; 2 • ?t~ shall be added to each installment remaining unpaid 7 days after Its due data, end s like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety end endorser hereof, jointly and severally, waives demand, presentment protest and notice of ; ~ Co~t~°cF colleci onr Inc ding ei agrees to any extension of time of payment, either before or efror maturity, without notice to any of ut; and to pay reasonable attorney's fee in tM avant of any default Mrwnder, •nc hereby severally waives all benefit of homestead and exemption under tM constitution ar.d laws of each State of tFre United States, as against this obligation « any extension or renewal hereof. Witness tM hand and seal of each party. (SEAL) S P . K i pad rick_________ (SEAL) Mfr e Ki Hetrick (SEAL) (SEAL) a nn 1 State Rtvusw t (Stamps cancelled on «iglnal note) ~~Q ()~ NOW, THEREFORE, tM MORTGAGOR f« tM purpose of sacvrirsq paymont of said wm of ; ~ ~ ~ • ., and 1M performance of tM covenants end agreamenu Mreinafter •xpreued, end for divert good end valuable considerations, by thew pnsantb does grant, bargain, sell, ramose, release, convoy and confirm unto tM MORTGAGEE, Its successors and assigns, all that certain bt, pica a parcel of land, situate, lying, and being in the County of 5~.~--I+~.L~iL'-- end Stets of Florida, dasaibad es followu SUBDIVISION N0. 1, Lot 3 `31ock 5 strlta~r ACCiF$r according to the Plet t'.lereof as recorded in Plat ~?cok ~ At Page ?5 of t?~e Public records o.'' St. Lucie County, Florida. n ----- Rf:CeiYE~ ~ , t, ~... , -f^ aX Collector, S0. Lucie togetF»r with all .nil singular tt,e tenements, harsditaments and appurtancas tf»reunto belonging or in anywise appertalninq thereto, and ail rents, Issues, procerds and profits accruing and to acuue from said premises, all of which era included in the above and foregoing description and habendur.s. TO HAVE AND TO TOLD tM above dataibed and granted promises unto tM said MORTGAGEE, its wccassors and assigns forever. And iM said MORTGAGOR ~ ,~_t`heir-~-_ hair, executors, edmir.iNratort ind assigns, Mreby covenants with the said MORTGAGEE, its svaeuors and auigns, that -----~~+~--~~+fvily seized of rho said premises in fee simple; that tM soma aro free, clear and discharged from •11 liens and encum- brances in law or to vi t f3 { r Min (hall warrant and defend tM title to the semo to the said eq ty, and that will and ~----.-- MORTGAGEE, Its successors and assigns, forever against iM lawful claims and demands of all persons] PROVIDED, ALWAYS that if the ir',ORTGAGOR shall pay unto the MORTGAGEE tM p.omitsory note Mreinbeiws described end shall truly, promptly and fully perforrn, discharge, execute, complete, comply with srd chid. by each and every the stipulations, agreements, conditions and covenants of raid promissory note and of shit Mortgage, then this Mortgage and the Estate herby uaated shall uses and be null and void. IT IS UNDERSTOOD that tM word "Mortgagor" whether in the singular « plural anywhere In this Mortgage, shall bs singular if one only and shall ba plural jointly and severally If more than one, and that the wcru "'`-':" ee _,.~,t anvwM:• In this Mortgage thell be taken to mean "his;' "Mrs," or "its," wherever the context so implies w admits. Also, lhet wherever there it a reference in the covenenb and egreemer,i, :.~:.:- cos!e?'~•d to env of the partite hereto, the same shall be construed to mean as will as •M Mirs, legal raprvsantatives, successort and assigns (either voluntary by acr of the parties or involuntary by operation of the few) of tM soma end that the covenantt herein contained shall bind end tiro benefits and advantegas inure to the respective heirs, loyal representatives, successor and auigns of tM parties Mrato. And said Mortgagors, for themselves and tiseir heirs, legal reprasantativos, successor and aulgns, harsby jointly and severally cover ant and agrte to and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular +he principal end interest and tM various sn d sundry sums of moray payable by virtue of said promissory note, and this mortgage, each and every, promptly on tM days respectively tM same sevorally become due. 2. To pay all vnd singular the texts, atsettments, Iwies, Ilabi!ities, obligetlons and encumbrances of ovary nature end kind now on raid described property, or that het'eafter may be imposed, suffered, placed, levied, or •saessed thereon, or that Mreafter may bs levied or assessed upon this Mortg• age, or the indebttdness secured hereby, each end every, when due and payable, according ro lavr, before they become delinquent, and before any interest ~tt:.ches or any penalty is incurred; AND INSO; AR AS ANY THEREOF IS OF RECORD THE SAl~~E SHALL BE PRO,'APTLY SATISFIED AND DISCHARGED Ot" RECORD A~:D THE ORI ~;~:Al OFFICIA! DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDCRSEC 02 CERIIFIED? SHAH BE P!AC`_D IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEY.T AFTER PAYMENT; and in the avant that any thereof is not t,•:d, sat s`ied and discharged said 1.10RTGAGEE may at any timt pay the soma « any part theroof without waiving or affecting and option, lien, equity or ri•~ht u,.der or by virtue ::f this mortgago and the full amount of each and every such payment shall be immediately due and payable and shell beer interest br rn the data thenrot until pa~,d at rate of nine per centvm par mnum and toget':er w'th such interest shall be secured by the lien of tks morgtage.