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Home My WebLink About2759B~K 5~ ~~sE695 THIS INDENTURE, Made the_~ day of I)f3 Q @IT1~6 r A.D. 19 ~) L -between Francis C _ Delltl$v :ar~c~ ti-,. t1~ L. DQL~tle_:~,~!?_i_s ',rife -- - - _ _ __ of -y~'-- ~1TTC~6 County Florld•,'rsrftlnaft•t dMki^ated es th• "MORTGAGOR," end FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • oorpaatbn organized and exlsting under the laws of the United Sratas of America and having fts principal place of buslneu In 1M City of Fort Piero, St. Lucie Countyti F~idar,~str~lnaff~Tdatf~at•d a tfse "MORTGAGEE." WHEREAS tf+e MORTGAGOR Is (ustly Indebted b ttse MORTGAGEb ~ ::`.o e.- or t_ ___ __ ~ . ~~in e ~~ ,good end lawful money of the United States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certain promissory note of even date herewith, of which the follovring in words and figures is a true copy, to-wih ~ ... No 1 Q, t' 9'' ~ s ~ 2r0e(10 i`' , 1 ~ , , • • - ± Fort Pierce, Florida, -~0 C ¢ ^Tt) P, I' ~~' T 9~ t• sr,. ,~ - O For value received, I, we or either of us, promise to pay without defalcation, to the order of FIRST FEDERAL S/AVILNGS AND LOAN ASSOCIATION Cf FORT PIERCE at Fwt Piero, Fbrida, the sum of S ~ e 2 ~n • (1~) with IntLarest from date at the rate of 6 • C) % per annum, in monthly instell- on the IQ~ day of T' f'hT'tl~--rV 1952 and a like wm on the corresponding day o4 osch month tf+ere- ments as follows: S~~ after until the whole be fully paid. Each installment first shall be applied in payment of the Interest and then on the unpaid balance of the principal sum. If default is made in thz payment of any instalime when due, and such default continues $0 days, then et the option of the holder, and without any other notice, ail the remaining installments shall be due and payable ei once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither forebearancz, ~, shall be nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment chrrge of 5-1--~ added to each installment remaining unpaid T days after its due data, and a like sum shall be added to each such instalime~t remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, (ointly 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 us; and to pay all costs of collection, incivd~ng a reasonable attorney's fee in Ilse event of any default hereunder, end hereby severally wives ell benefit of homestead and exesmption under the constitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. / ' S )'rAnr i e ( ~lPA tl ~~r (SEAL) S~ Tte fiiE~ T ))eAr1Q~' (SEAL) (SEAI) (SEAL) f "~ ~ ~Q T State Revsnw (Stsmq cancelled on original note) NOW, THEREFORE, the MORTGAGOR for the purpose of ter osyment of said sum of i ~-e ~~n ~ ~~ and the performance of the covenants and agreements hereinafter expressed, end for di..-.s ~ .,~d valuable considerations, by those presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, is successor. a .. assigns, all that certain lot, piece or parcel of land, situate, lying, end being in the County of ~~ t ~ll0 i A -and Stela of Florida, described as follows: Lot 7, '?lock 2, PA[,"T"Z TEZRA(;F S`"3i)I'lISI,)'~ , as per plat thereof on file in Plat boo,: 3, tit j'a -e fib, 01' the public Zecords of St. LtTCie Co1Tnty, :~lorida. !/ ~~. ~-, ~ in payment of taxes a"' Received ursuzi. _ on Class 'C' Intangible Personal Property p C!I;,I~ ~U72}, laws of Flor' a, Acts efi Collector, ucie Cou ~, Flur.,li~,: .~ together with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, issues, proceeds and profits acc•uing and to accrue from said premises, all of which are included in the above and foregoing description and habendum. TO HAVE AND TO HOlO the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said MORTGAGOR for --~~6-~-sue--- heirs, executors, administrators end assigns, hereby covenants with the said MORTGAGEE, its successors and assigns, that -~}+$T~---fi'P@-- lawfully seized of the said premises in fee simple; that the same ere free, clear and discharged from ell liens and encum- brances In Isw or In equity, and that t Ptl will and t:h .') r helm shall warrant and defend the title to t'te same to the raid MORTGAGEE, its successors end assigns, forever against the lawful claims and demands of all persons; PROVIDED, AL\VAYS that if the MORTGAGOR shell pay unto the MORTGAGEE tM promissory note hereinbefore descrir,ed and shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each end every the stipulations, agreements, conditions and covenant: of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shell cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular cr plural anywhere in this Mortgage, shall be singular if one only end shall be plural jointly and severally if mare than one, and that the word "their" as used anywhere in this Mortgage shall be taken to meat. "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 the- parties hereto, the same shall be construed to mean as well as the heira, legal representatives, auccessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same ar~d that the covenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legal representatives, successors and assigns of the parties hereto. And said Mortgagors, for themselves end their heira, legal representatives, successors and assigns, hereby jointly and severally covenant and ag-ee Jo and with the said MORTGAGEE, its successors and assigns: T. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay atl•and singular the taxes, assessments, levies, liabilities, obligations and encumbrerues of every nature and kind no•w c~ said described property, or that hereafter may tx imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied er assessed upon this Mortg- age, or the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, and before any interest ~rtaches or any pena(ty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SA!.1E SHAH BE PROMPTLY SATISFIED AND DISCHARGE6 CF RECORD A.`JD THE OBI ~:'•:AL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL EE PLACED IN THE HA^iD5 OF SAID MORTGAGEE V~ITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, ear sfied and dreharyed said 1':.ORTGAGEE may et any time pay the same or tray part thereof without waiving Or affecting any option, lien, equity or right under or by virty~ of this mortgage and the full amount of each ar,d every such payment shall be immediately due anc payable and shall bear interest i:om the date !hereof until pa~.d at rate of nine per centum per annum and together wah such interest shall is secured by the lien of this morgtage.