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HomeMy WebLinkAbout1236 I ' -'.-." -~~ ---.. ...---- . -. Ib~t 58,..533 113888 , . I. . A.D. 19~ t:.tw..n TH!S INOfNT\ll!. "... ~1 th Maroh drt I)' , ..,. . ~11 Lee, a .1~1. adu1t of ~. Lucie , County fIoride, ........ftw ~twd .. .... NMOIlTGAGOR:' .nd fiRST fEDEAAL SAVINGS AND LOAN ASSOCIATI6N Of FOIIT "lac!. I COI'pOfltioot orgtnboId ...d pitting wndet rhe ItWl of lhe Urited 5,.,.. of Amttka .nd tMYlt>g Its pl'lnclp.' pl.c. ..,f b.Ja:...... In 1110I CIty qf fM ,~~. $t, LucJ. County. PIor.... htteNftw ",MMd .. .... "~f~E.OO 'i . /. i " WHElEAS It.. NOO~ II l'Alty ~ to the MOIn'GAQIH 1ft the....'" of $ .J, >V. . ~...~ I.wful rnc>'M'f 01 lhe United 5,.,.. .-i",Jnc.d by tt.. MOIllGAGfl unlo the N:OIlTGAGOR.. .. ...Ideftced bv . cert.1n proml..ory not. 01 .v.n <itt. her.wlth, of ....hich' Ih. 1"lIowing In WOIcjf ..v~U(tM' . ~i\Hl COpy; IO-wh, . J, ~". I . ' Maroh 11 No lOQ8Q6 19 :3 fort Pier<>>. fIotlde. Fo. v.lu. r.c.Md! I. _ or .11'- of In. pron'llJ ~~b w8~ def.I~Ilon. 10 lhe ord.. of fiRST fEDERAL ~V'NGS AND LOAN ASSOCIATION OF fORT PIElKf ., fort PPsblerl;;!,;. :he tum of . " .....ilh Inl.r." from d.,. 'I 1M rei. of~% Jar .nnum, In monlhly Inal,lI- menlt ,. foIlOW'.". 31.~ on rhe 10t!ld.y 01 -1't-U.. . 19-1l.nd . lik. lum on lhe corr..ponding d.y of eKh month there- aft.r unlil I"" w~Mlt ptlld. hch Inal.lIme,,' flr.1 ahtll be .ppli.d In ".yment of rhe Interfll .nd lhen on the u",*d bel.ne. of the pl'lnel".1 'um. If default I. m.d.. In tho p.yment of .ny intt.llmenl ....hen ~, .nd .ueh def.ult continuat 30 ci.yo. th.n .r rhe opllon of the hoId.r. .nd wllhoul .ny other notice, all the remaining inatallm.nl1 Ih.1I be due and ".y.ble .1 one'. Prlvl." given ro pr.".y !hit not. In whole or In part .1 any lime withoul p.nelty, N.lther 5~bearence, nor ace'plene. by lhe holdaf lhereof .fler .ny def.ult In Iny ".ymenta hereon. .h.1I be deemed ut.n.ion. A I.t. p.ymenl charg~ of S....!.. , ah.1I be added 10 ..ch 1...,.llmflOt t9tfttlnlng unp.ald 7 dII)'1 .flef Its due dIIt.. end I like turn th.1I be added 10 uc'> .ueh in...llmenl rem.ining unp.id 7 dey. .lter Heh .uccaeding ".)'1Mnt de'-. Ea<h maker, lurety .nd .ndorMr hereof. IoInt1y .nd ........lIy. w.l..... d.ma:>d, pl'...ntmenl pl'01..1 and notice of prOI..1 forponpayment, and further agraM ~ .ny ~"I.n.1on of tima of payment. .lIher before or .ft.r m.turity. without notic. to .ny of ua; .nd to ".y .11 COlt. of collection, Includ,"\I a ....on.bl. e"orn.y'. fee In 1110I ....ent of .ny def.ult hereunder. .nd her.by ........lIy w.I..... .11 benefll of homeatud and exemption under lhe corlllitulion .nd I.w. of -teh Stet. of rhe Unil.d Sta'.., at ag.ln" thlt obligellon Of' eny .xl.nsion or renew.1 hereof. Witne.. lhe Nnd .nd ...1 01 ..ch ".rty. /./ ARnELL LEE, a single aduli(scAL) (SEAL) (SEAL) ..__~ ISEAL} ( 3 .20 ) SI... R....enue (Sr......". cenc.lI.d on Of'!glnal not.) 3 150 0 , . 0 NOW. THEREFORE. rhe MORTGAGOR lor rhe purpoM of !<<\Iring peym.nt of ..Id .um of $ .nd Ih. perform.nce of the covenents .nd agr......nta her.lnafter ,xpl'tIMd. end fOf' dl....... good .nd ....Iu.bl. con.Id....,iOM. by the.. pr.....I., dOlI grenl, bargain, aell, ..mi.e, r.I..M. convey And con~ unto rhe MORTGAGEE. Its aucce__. .nd ...Ign., .11 Ih.1 c.rteln 101. piece or parc.1 of I.nd. .llu..., lying, .nd being in Ihe County of to ole .nd Slat. of florid.. detcribod .. follow" Tbe South halt ot the West half ot the West 228.2 teet ot Lot 10, 8100k "A" /I ASSESSOR'S I-tAP, 01' the City of Fort Pieroe, Florida, &s per plat th~~eof on tile in Plat Book 1, page 164, publio reoords / :l il ./ of St. Luoie County, Florida.V"" v~ 7-;;-' .IN p/.YNElH OF f^X<:S RECFlVED S T'I,~.nl r. P~RSONH ";JQPEiHY. r. CL1,SS'C IN ,,"'W"_ <. ['U[ uN TOCH"PlER 20724 "CT!> OF 1941, PURSUAtlT , ' ROG R PCI1RA5, Clerk Circuit Ccurl 0; Agenl fer CU..1IS M, JAMES ~ L . Co"nl" Tox. 5=olleclor .>1. uc.e ~ '.J. ( /)'ICtl j-t< (("lL~-~~.~ By ~- DPuH '.U"IJI,. together with .11 .nd .Ingulcr It.. Ienomanh, her.dll_mailh .nd .ppur1ancec thereunto belonging Of In .ny....i.. .ppartelnlng Ihereto, and ell r'!ntl, IIIU"', proceed. .nd pl'ofill accruing .nd 10 &<<ru. from ..Id pl'~mll.., .11 of which .r. inciud.d In lhe .bov. .'ld for~oing ducrlpllon and habendum. TO HAVE AND TO HOLO Ih. .bo.... d.wibod Ind gren'od pl'eml... IInlo lhe ..Id MC'IlTGAGEE, III .ucce..or. .nd ...igne forever. And lhe ..id MORTG~lPA f'i!ll he19 heln. U'Cutorl. admlnlltrelon .nd culgn., hereby cov.n.nll WIth Ih. ..id MORTGAGEE, III auccellon and a..ignl, Ih.t lewfully MiZii\1' rhe ..Id pl'emi... In I.. .lmpl./ ,;'" lhe ..m. are fr.., cl..r end dllCNrged from all lieno .nd encum- branc.. In law or In equity, .nd tNI · e will and her h.l,. .hall w.,renl .nd d.fend Ih. litle to the same 10 Ihe said MORTGAGEE, It. .ucceuo.. .nd ...Ign., fo......r .g.I"" lhe I.wfvl c1.lm. .nd demend. of .11 perton./ PROVIDED, ALWAYS thel If lhe MORTGAGOR .hall pay unlo the MORTGAGEE Ih. pl'omluory nolo hereinbefore dewibed and Ihall Irui'(, promptly end iv..( Jar/orm, diJch.."., .xecule, complel', comply with ~nd abide by each end ~very the .tlpuluionl, agreemen", conditione .nd covenanla of ..,d pl'omluory not. .nd of Ihl. Morlgag.. Ihen Ihl' Morlg~ .nd the bl.t. hereby crett.d .h.1I e-..... end be ;'lull and void. IT IS UNDERSTOOD Ih.I lhe word "Morfg~ whelher !n the .lngular or plural .nywhere In Ihil Mortg.g., .hell b, .ing\il.. If one only ar,d Ihall be plurtl jointly .nd ........~lly if mor. th.n ona, .nd th.1 the word "I heir"' II uled .nywhere In Ihia Morl".ge ahell be taken 10 mean "hil:' "he"," or "ill," whereve.. lhe conlexl 10 Imp lie. or .dmlts. AIIO, Ihal wh..rever Ih.r. II . ..ference In Ih. covenanll and agreemenla herei~ contained to any of lhe parti.. herelo, ,he ume Ih.1I be conelrued 10 me.n .. well .. lhe hel.., 14'Oel repr...nl.tives, auccellon and au;gnt (eilhor votu"la,y by acl of the par'i" or Involuntary by oper.ilon of Ihe I~w) of 1M ..m. .nd thai :h. covenlnla her&in conlliMd Ihall bind and the benelill ond .dv.nlagel inure to the r"Jl1KlIv. hein, I~.I repreMnl.!lv.., .uCtellOf. .nd .lllgnl of 1M p .rtl.. her&lo. And Ilid Mortgagor.. for lhem..lv.. end lhair heln, leg.1 ",;><..ent. tlv.., luec.noro .nd ...lgn., h...by jolnlly .nd leverally covenanl .nd egree to .nd with Ihe ..kI MORTGAGEE. II. WCCHlOft end .Mlgnt, l. To pal ell .r><! Ilngul.r the pl'lnci".1 and In,,,..t end Ih. .....Iou. .n d .undry .uml of mon.y p.y.bl~ by virtue of said prorniuory note, and thil mo<I"eg.. ead> .nd every, pl'omptly on lhe d.y. r..pX1ively lhe um. ..v.rtlly become du., 2, To pay all .nd Ilngular lhe I"'.., .....aments, I. vi.., lI.bliitl.., obligtllon. end .ncumbrance. of .very nature and k!nd n"w on ..id deacrib.>d property, or Ihet hereafter may be impoMCl, luff.recl, piKed, I.vi.d, or .......d lhereon, or th.1 hereafter ",ay be levic>d or uselSed upon thia Morlg- 'ge. or Ihe Indeblednen IKu,ecI hereby. each .nd .v.ry. when d... .rod ".yebl.. according to few, before 'he)' become dalinquent, ~nd before eny inlere.t }n}che. or any pen.:ty is incurred; M.D INSOFAR AS ANY THEREOf IS Of ~ECORD THE SAME SHALL BE PROM?TlY SATISFIED A"D DISCHARGE:> OF RECORD A~m THE O~IG:~;Al OFFiCIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TI-X RiCEIPT OR THE SATISFACTION PAPER OfFICIJ.ll Y ENDORSED OR CERTIFIED) SH/.tL 80 PLACED IN THE HArmS Of SAID MORTGAGEE WITHItI TEN DAYS NEXT AfTER PAYME'H; and in Ihe event th.t any thereol il nol pa,..J. ..r.'led and discharged ..:d MORTGAGEE may al '''y lime pay Ihe ,.."'" or any pari Ihereof wi!hout waiving or aHecling any option, lien, equ"y or rj::hr u".do: or bi vi:tu', 01 Ihi~ mongo:]. .,rod lhe full amount of each end every luch payment ahall be imrr,edi.tely due and payab'. and ah.1I b.ar inter"l Iro'Tl Ihe dala Ih.,.ol unti, pa:d .t rate 01 n',.. per cenlum p.r annum .nd log ether w,lh .vch interesl ahall be secured by Ihe lien of Ih:a mO'9tage. r > '. 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