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HomeMy WebLinkAbout1171 , - "'-~"-'~ .._~-"_.....~ ...-....____--...~...'..~""__..___L~.'~___........'~..;.........................._._,........~....._.......d.._...._".._....r_.4..~ _ ~ .... THIS INDENTURE. ~ !he ( 7th C . J-,. ~,.. e ~ /.I: 58 ,.:,: 468 It:3S5,t 19-1l I>."',..n dey of Criat N a". ou and I>>.~ C>>lat. b.1a W'~- _ A.O, of St. LBol_ , C.ounty flotkM. heAlne"" ~Ied .. tM NMORTGAGOR." .nd fIRST fEDERAL SAVINGS AND LOAN ASSOCIATION Of fORT PIERCE. . corpot.tlon orll'~' .nd exlatl"" undet lhe 141.... of the Unlled St.t" of Amerk. and hevlng It. prlncipel pi". of M......' In the City of fort Pletce. St, lucle County, flew. hereinafter ~".ted .. 1M NMORTGAGEE." WHEREAS the ~TGAGOR Ia "'"ly Indebled to the MORTGAGEE In :he IVm of $. 10,700.00 gcx.d 'M I.wful money of the Un.ted SI.t.. kl...><-<f ". ,,,. MOIUGAGlE unlo the MOUGAGOR. .. .vkknced by . c.rt.in promiNQry nol. of .v.n d.t. h.........itll. 9f ...hlch t~ following in w",;d. .nd f~ur.. 14'. lNe copy, Io-wil: . , ' $. 10,100~O()'. "I' No JOJ9AO 7 March 19 63 fort Pier<<, florlda, for v.lue ra<.lved, I, "'. or .lther of VI. prom I.. to pab ....Ilhout def.lcation. to the order of fiRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE ., fort Pierce, Florid., the .um of $. 10.7 0 .00 wah Inlar'" from dot. ., the rat. d ~% per .;lnum, ;n monthly Inll.lI- .-nh " follaw/. $ 76.7'5 . on the ~ dey of _ April ~ 19-U .nd . m.. .um on the (O(reaponcling d.y of ..ch monlh tnere. .ltar vntll the whol. I>. fully p.ld. fa<h Inot.II",."t fv.I .h.1I I>. .pplled In paym.nt of the Int...., .nd then on the unpaid I>.I.nce of the principal .um, If d.f.ull it m.d. in Ihe payment of .ny Inll.llmant when du.. 'nO .uch def.ult contln..... 30 deyt. t....n ., the option of the holder. .nd withovt .ny other notice, .11 the remaining inltallmenl. .h.1I be due .nd p.yabl. .1 onc.. Privilege I. glv.n to pr.pay thla nol. In whol. ~ In ~rl .t .ny 110M without pen.lty. N.ither for.l>..rance. l.or .ccepl...c. by tN holder thereof .fter .ny def.ult In .ny p.ymenl. hereon. 'MII be d"~ ext.nalon. A I.t. peym.nt CMrge of $3.84-, .h,11 he .dded 10 ..ch In.t.llment rem.I'lI"" unpaid 7 de~ .fte, ,,, d.... dal., end . Ilk. wm .h.1I I>. .dded 10 .ach 'U<.'h inst.IIOMnt rem.inlng unp.id 7 day. .lter each .ucc.eding paymenl del., Each m.ker. .u'ety .nd endoraer ....eof. loIntly end ..verally. w.lv;" dem.nd. pr..entmenl prol." .nd nolice of prot.., for nonp.ymenl, .nd further 'llr... to .ny exlen.1on of liOM of payment. either I>.for. or .ft.r m.turlty, withovI nolic. 10 .ny of "'; .nd to p.y .11 co.ta of collectiOrl. Indud;ng . realonable '"orney'. f.. In the .v.nt of .ny defevlt herevnder. end hereby ..v.rally w.lv.. .11 I>.neflt of hom..tead .nd exemption under the con,'llutlon .nd law. of each SI.te of lhe United St.t... II ag.lntl thi. obligation ~ .ny ."ten.lon or .....w.1 hereof. Witne.. the hand .nd ....1 of ..ch per1y. ~~ ~;8~; g~i:;. ($fAt} 10. 70 ) State Revenue (St-fA cancelled on ~IgJnel note) NOW, THEREFORE, the MORTGAGOR for ,... purpo.. of MCUrlng paym.nt Of ' Hid .um of $ 10.700.00 .nd Ih. perform.roc. of the cov_nl1 .nd agr..menl1 he,elnafter .xprHMd, end for div.ra good .nd v.l~bl. con.lderatlonl, by ,..... pr_ta. doe. grant. barg.ln, ..11. !emi.e, ..Ia..., convey ~nc1 confl,m unto lhe MORTGAGEE. 111 .ucc...or. .nd ...Ign.. .11 thaI c.rt.ln lot, piece ~ ~rcel of land, .ltu,'.. lying. .n<i i:>alng In the County cf St.. Luc 1. .nd St.t. of florid., detcribed II follOWSl (SEAL) (SEAL) (SEAl) Lot 29 Block K MARAVILLA ESTATES, accordi~ to the ~lat thereot ~8 reoorded in Plat Book 8 at Page 77 ot the Public Records of St. Lucie County, Florida. tog.th.r wllh .11 and Ilngul.. the t.nemen", her.odlt.rnen" .nd .ppurt.,..cei therevnto belonging or In .nywlK' appert.lnlng ther.to. .nd .11 renl., 151...... proceedl .nd prof ill accruing .nd to accru. from said pr.ml..., .11 of which are Included In the .bov. .nd foregoing delCtlplion .nd h.l>.ndum. TO HAVE AND TO BOLO the .bev. .:Ietcrlbed end lIranled prern'- unto rhe Mid MORTGAGEE. 111 .ucceaaon .nd ...l{:na for.ver. And the ..Id MORTGAGO, Lor_ = t. hft 1 ,. helra, executOl't, edmlnl,'ratora .nd .wlgnt. her.by covenant. with I.... uld MORTGAGEE, III .ucceuor. .nd .aslgm, th.t -~~~wfully ..Ind of th. t.1ld pteml... In f.. .lmpl./ ,;"1 the &erne .,. f'N, cleer .nd d~rged from .11 li.na a~ .ncum- branc.. In I.w or In equity, and that_~ will end tb.l:!' ,helr5 .11.11 warrant .nd d.f.nd lhe titl. 10 the um. to the ..Id MORTGAGEE. It. l\K(euor. .nd ,"Ign., foi;;.' ag.lnst the I.wful cl.1ma .nd demand.'of .11 parlON/ ~ PROVIDED, ALWAYS IMI If the MORTGAGOR ahall pay unlo the MOtlTGAGEE the promlaaory not. ""relnbef<<. deterlbed .nd shall Iruly. promp!ly .nd fully perform, d,acherg., execut", complel., CQf1Iply with .nd ebida by .ath .nd ev.ry the .tiput.tion.. .greement.. conditions .nd cov.n.nt. of uld promlNOry not. .nd of thla Mortgage, lhen thla Morf9alI. and the Estat. h<<eby UNled .....11 _ and be null and void, IT IS UNDERSTOOD tMt the WOld "Mort;egOC''' w~her In the .lngul., or plur.1 anywhe,. In thl. Morlgeg.. th.1I be .Ingu:., If one only .nd .hell be plural Iolnlly .nd IOv...lly If .nor. then one, .nd !hat the word "thelr" II u.ed .nywher. In thl1 Mort~.g. ....11 I>. !.k.n to m..n ..hi.... "her::' .." "ill:' wher.ver the conl.xl 10 Impl~ or edmlt.. Alao. tn.t w....rever th.r. " . ,.f.r.nce In the cov.nenl. .nd G9r..menll h.raln contalMd to .ny of the pertl.. he..IO, I.... ..m. .h.1I I>. con"rued '0 me.n II well .. lhe hl<lra, 1eg.1 rapr".nt~tlv... .ucc.non .nd .nign. (ell her \(olunlar'( by acl of lhe perli.. (;or involuntary by operation of the Ilw) of the ..me .nd that Ih. cov.n",t. herein contained .h.1I bind and the benefil. .nd advant.g$' In"r. 10 lhe rllSpecllv. heirs, leg. I repre~nt.t1'i", .ucu.aon .nd ...Igna of the panl.. hereto, And laid Mortg~ra, for !henuelv.. OlM thel, hell.. teg.1 represenl.II,,", wccea.<>ra end ...Igna, hereby Jointly .nd ..ve..lly COVllfl.nt .nd agr.. 10 .nd wilh Iho Hid NoORTGAGEE. lIs .ua:e..on end aaalgnal ' I. To pay .11 end slrl\lular the prlncip.1 .nd Int....t .nd the v.riov1 .n d 'I;ndty sums of money pay.bl. by virtue of .ald promlllOry note. .nd thb mortgage, each .nd .very. promplly on the days 'MPK'lvely I.... .am. ......rally become cIve. 2. To pay .11 .nd .lngl;l.. the lax... a__nl1, levl... I I4Ibll I ti.., ~Igellona .nd en-:vmbr.nc.. of every n.tur. .nd I,l.-.d n<)W on ..Id described properly, or th.I h.ruft.r may be ImpoMd, .uff..ed. plec.d, levIed, ~ ~ ,hereon. or lhet here.fter may be levied ~ ....ned upon thla MO(I~ 'ge. Of Ih. Indebledneu 'Kured her.by. ..c'" .nd .very, when due .nd pay.bl., acwrd;ng to I.w. before 'MY ~ dellnqu.nt, .nd before .ny Inlarnl oll.,the. or ony pen.lly Is InC\Jrr<<l; AND INSOFAR AS ANY THEREOf IS Of RECORD THE SAME ~U BE PROMPTLY SAJlSflED AND DISCHARGED OF RECOil!) AND THE ORI~:'IAl OFfiCIAL DOCUMENT (SUCH AS. fOR INSTAN<:E. THE TAX RECEIP; OR THE SATISFACTION PAPER OfFICIAllY ENDORSED OR CERTIFIED) SHAll BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTU PAYMENT, .nd in Ih. .v.nl th., .ny Ihereof II nol p.;d, ..rlfied ~nd discharged uld MORTGAGEE m.y .1 any time p,y Ih. .... or any p'" Ih.raof wlthoul w.lving or .Hectlng any option. lien. equity or riOlhl under or by vl,lUJ of this mortgage .red the full .mount of uch ar.d .v.ry .uc:'" paym.nt .h.1I b4 Immcdio!ely due .nd p.y.b!e an:l .h,1I I>.Ir Internl f,om the dele Ihereof uetll p,'d ., ute of nine ptr 'entum pel .nnum .n<! togethe; wilh .och In',rott .n.1l b4l4KUred by It>" lien of thi. morgt~e. r .-