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HomeMy WebLinkAbout0431 t:,~~, () THIS INl>ENTURE. 1Nde lhe ~ ifn Ric~ard T. Davis O. R. e:o~ 57 rl.~{428 : ) 0 '\, February his wife, . 6"l , A.D. 19~ ~ wtweon day 0' ___ and Roma L. Davis> of S t . Luc i f) COU'lty Florlde. herelNn.. chalgne~ .s lh4 "MORTGAGOR." .nd fiRST FWERAl S/'.VINGS AND LOAN ASSOCIATION Of FORT PIEilCf. . ,orpoulion orlJAnlm .nd exl""'" under Ih. .._ ,of lhe Unilad 5,.,.. of ,~r;ca end ....vll'lg lis prlnc:lpel pllee of b<Jalna" In lhe City of Fort Plarei', SI. Lucia Covnty. florlda. ......IMIt.r cM.lgn;trad e. I.... "MORTGAGEE." - WHEREAS lhe MORTGAGOR Ie lvally Indabrad to II\a MORTGAGEE In the ",m of $ 11, 000.00 -..--. good .nd lew#~1 IlJC'Oay N Ihe Un;led ~Ial.s edvencad by 1"- MORTGAGEE unlo lhe MORTGAGOR. el evidenced by e c.rt.ln promlfaOfy nol. of .v.n dele hel..':"lIh. of, ..hldJ lhe following in wOlds end '!9ules ia . IIL'a copy, Io-wll: ' $ 13.000.00 .. . No Februa.ry 1", 10.919 19~ fort PIelce. flotld., fo< volue leceived, I, we 01 .i1her of va. promiM Ie; p.lY. .....lIhoul c1efelulion, 10 lhe orcler of fiRST FEDERAL SAVINGS AND LOAN AS.~IATION Of FORT PIERCE .1 fort Pierce. Flolid.. II\a suon of $-.1..1. 000.00 wilh Interesl from det. ., II\a r... of 6....J.... % per .nnum. In',nonlhly iOlle'l. "",nit It fol'ows: $_ 112.00 on lhe _10tPo.y of ~r11 . 19~.nd e IIk~ sum on rho corresponding d.y of .ach monlh Iher.- alrer un'i! lhe whola be fully paid. EHh iOlI.llmenl flnl shall be epplied In peymanl of II\a In'.r.,' .nd lhen on II\a ,,'hp.id bel.ne. of lhe pr!ncipel sum. If'defaulr Is mlde In the paymenl of .ny iOllallm..nl when due. and auch def.ull conlln.,.s 30 day.. th.n al lhe oplion of lhe hold.r. .nd wlthoul .ny olMr notice. III Ih. remaining in,'aUmenta shall be due and payable ., onc.. Privilege fa given 10 prep.lY thb nol. In whole Or In p.lrt ., any lim. wi!houl penelty, N~h..r forebeerence," nor acceplane. by lhe holder Ih.reof air., Iny d.f.ulr In .ny p.lymenl. hereon. shell W cM.med extenlion. A III. payrr..nl ch.rg. of $ 2 .60 . sh.1I be added to each iOllallm',"l remaining unpaid 7 daya aft., It. due dal.. .nd I Ilk. lum sMII .,. edd.d 10 eo<h such InSllllm..nl r.maining unpaid 7 day. .It~r each aucceeding p.ym.nl dll.. Each maker. surety and .ndOl..r her.of. lolnlly .nd s.v.r.lly. w.l.... dcmand, pr...nlmenl prote" and nolice of prolell tor nonpayment. .nd furlh.., a-Jr""s 10 any exlension of lim. of paymenl. .itMr before or .fr.r m.'urity. 'wlrhoul roOlic. IZt .ny of 1,)1; erod 10 p.y .11 co." of collection. includ;r;g . r.uonabl. allorney'. f.e in the ."'..nl of eny d.f.ulr ....r.und..r. .nd ......by ..ver.liy waiv.s .11 benefil of home,tead and .xemplion under lhe contlilulioH and laws of ~.ch Stale of lhe Uniled SI,'ea, .. .g.insl Ihla obllg.IINt 01 any axtension 01 r.new.1 heleof. Wiln.n 1M hend and ...1 of ..ch party. SS/ Richard T. Davis Z Rema L. D~vie ,-$11.00 (S1.mp' unc.lled 'Of' original note) NOW. THEREFOilE. the MORTGAGOR for II\a purpo.. of .ewrlng p.lymenl of .ald. sum of $ 1 ~, 000 - 00 .nd t"- performance of Ih. cov."an" .nd Igleem..nll hel.lnalter .xprened, end for dlv.n good end valu.bl. con.ld.r.,ion.. by rheM pr.s.nls, doec grlnl. wrglin. tell. remi... r.I..... conv.y .nd confirm unlo lhe MORTGAGEE. Ita .u<<...on .nd _"Ign.. ell Ihal ~rl.ln lot. piece Of p.r~1 of I.nd. .il..er.. lying, end being In th. County of S t e Luc i e and Slet. of flotid.. detClibed e. follo....1 ) SIal. Rev.nue ~. .... Lot 1, and 40 public Re-Subdivision of Lots 38 in Plat Book 5, page 62, ADDITION, being Q to Plat reoorded Lucie County, Florida.~ Lot 8 of Block 1, PONCE DE LEON PARK, according to the plat thereof on file in Plat Book 6, page 8, public records of St. Lucie County, Floridae~ Recc.'..~d $~fl_O ,.. . ~/ d :1~'ES due on CI3SS "C" In'JngJbl: p:,:_ r ~." p\.i;siJant to Ch~p:cr 2072-1, ! <31':5 0; I:c' :-:, . " . ci 1941. /J./{?j -: ';"~}_:"_'~::)d->?-I M,L '-"tx Collector, SL L_;dj~~, floridlf-..Jt.. . legelher with III .nd .Ingullr Ih. I.n.menl., heredaamenlt and .ppu.l.nce. rher.unlo wlonging or In .nywl.. .ppart.lnlng lhereto. and .11 renlt, luves, proc.eda and profilt accruing .nd 10 acClu. fro", toid premIMs, .11 of which are ircluded In lhe ebove .nd foregOIng dewlpllon and h.bendum. TO HAVE AND TO "OLD th. .bov. c1etalbed .nd Ilr.nled praml... unto lhe Hid MORTGAGEE. II. ,vec.nors .nd ...Igns for.v.r. And Ih. told MORTGALO.OR. w the i r heirs, execulors. admlnlalralora and ...Ign.. her.by cove".n'It with Ihe toid MORTGAGEE, i1~ succenon .nd Illig"'. thaI __Idle~_ are l.wt"lIy seized of lhe uld pr.ml..s In f.. .Impl.; Ih., Ihe Hm. er. fr... clear .nd dltcherged frC>r.l all iiens Ind encum- brance. in law or In equity. .",1 .t,a', they wlll.nd the ir _ heirs thQII werranl .nd def.nd lhe lill. to rhe .."'. 10 lhe told MORTGAGEE, ita succen"''' end a..igns. forever agaln'l Ih~ lewful c1.lma and d~","nds of all pertona; PROVIDED. ALWAYS tMI If lhe MORTGAGOR shell pay unlo Ih. MORTGAGEE the pro.nl..ory nole Mr.bbefor. described Ind ahlll truly. prom;:>lly and fully perform, diacherg.. .xecute. compl.te. comply wilh .nd .bide by each .nd ev.,y Ih. lIlpulelions. .greements. conditions Ind cov.nan" of toid promiuory note .nd of Ihls Motlgeg.. IMn Ihls Mortgag. .nd lhe E".'. hereby Clealed .hall uan and be null Ind void. IT IS UNDERSTOOD lhel the word "M<lflgagor" wherher 1n the .Inguler 01 plur.1 .nywher. In Ihis Mortgage, sMIl W .ingullr jf on. only end .hall be plural ioinlly .nd s.v.r.lly If mora Ihln one. .nd Ihal lhe word "Ihelr" .s used .nywher. In t"i. Morlgege sh.1I be I.ken 10 mean "his," "hers." or "ill," wherever 11,. conlexl .0 Implle. 01 Idmllt. AIIO. Ih.t wherever Iher. II e r.f.rehe. In the covenanl. .nd .grHm.nl. herein cont.lned 10 any of th. parlies herelo, Ih. s.me Il-oall W construe<! 10 me.n .. w.1I .s lhe heln. !.g.1 rep".aent.'lves. ",ee...or, and anlgna (eilher volunlary by act 01 Ihe partie. or involuntary by oper.lion of Ih. low) of ih. tome .nd Ih~1 Ih. co....na'lla herein cool.lM<! shal! bind end Ii.. ben.lil. .nd advantag.s Inur. 10 ;he r.apltctlv. hei,.. leg.1 r.preunlativea, succellors end .lIlgna of lhe p arti" her.tC'. And ..id Morlgagors. for lhemaelve. aM Ihelr heirs. "gel r.VI....nt.,Iv.s, .vece..on end ...Ignt. ......by iolnlly.nd uverally covenanl .nd Igr... 10 .nd wilh 1M toid MORTGAGEE. il. ,,,"ellors and e"igns: 1. To PlY .Ii end slngul.r lhe prihCipal .nd Inl.r.sl .nd the verlo.n en d .undry eu:ns of money p.y.ble by 'vlrtue of told promillory tl.)t.. Ind Ihis n>Oflgl9.. nch and every, pro-mplly on Ih. day. r",pactl.,..ly lhe tome ..v. fOlly ~ome d.... 2. To pay .11 .nd aingular tl\a loxes. ."flsmanl.. levl... lilbllilla.. obllg.'k"'. .nd .ncvmbr.ncl.a of .very n.'ur. and kind now on told d.scribed properly, Of Ihlt herelfr.r msy be Impoaed. suff.r.d, ple<.rl, leviw. or ......ed lhereon. or lhel hereaft.' may be levied or elllued upon IhiS Mortg- age. or Ih. i"deblednell ucvred hereby. each .nd .V"zfY. when clve end p.ly.ble, Kcordlng lo lAW. befOle :hey become d_linqulnl. .nd before .ny Intere,' ."eche. or ony penally i. ihCurred; AND INSOFAR AS M,Y THEREOf IS OF RECORD THE SAME SHALL BE PROMPTlY SATISfiED AND DISClfAl<GED Of RcCO!<D A'~D THE O~IG1NAl OFfiCIAL OOCVMENT (SUCH AS, fOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OffiCIAllY ENDOKSED O~ CERTIfiED) SHAll BE PLIo.CED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER :>AYME~T; erxf in the evenl '''01 eny IMreof i. nol po.d. ,., .'icd .nd dj,<harged ..id MORTGAGEE may II any lime pay Ih. sema 01 my perl Iher.of wilhovt waiving or effecling any oplion. lien, equity 0< right unclu or bi vi,lu, d thi. morfglge tnd Ihe fvli amounl 01 elch .nd .very such plymenl shali be immccliatcly due .nd plYlble .nd shall belr inltreal Irr,." the d.to Ihereof v"lil pI:d ., r, ~e 01 nine pe' cenlum per annum end l<>gelher with such intereat Ihell be le<urad by Ih. lien of Ihi. morglag.. . ;,1 r (~EAl) (SEAL) (SEAL) (SEAL) ...