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HomeMy WebLinkAbout2137 ...- - __. _~____----,._......._ .___ _';"..0....- _"- .~~... ~ ...-__ _.__ ~ :> ': 'J co 34 f t.~/t,l:d 19~ b<otw..n : ... f .,1.. \ THIS INDENTURE, M.do tf... ?C)t. h dlY of _ __________G._L.-Smi.Lh-aruL~!Al Em March Sm1th...-~-Hife A.D. I.. 01 S-t-....-Lue ie , County Florid., h.r.in.flor dulgn.ted 01 the "MORTGAGOR," .nd FIRST FEDERAL SAVINGS A.ND LOAN AS50CIATION OF FO~T PIERCE, a corporation org.nized .nd .xilling und.r ,h. l.wI of th. U'lit.d Sht.. of Am.rice .nd h.ving itl principII placo of bv"no" in th. City of ForI P,erco, 51. Lvci. Cvvnly, florid., h.r.ln.fter d.'lgn.led .. Iho '.MORTGAGH." WHEREAS th. MORTGAGOR il jvllly i('debted 10 tM MORTGAGEE in Ihe Ivm of $-2-~-:l:;;.O.-OD_-, good .nd I.wlv: monoy 01 Ihe Unted St"e. .d..,..cod by thl N0RTGAGEE vnlo Iho MORIGAGOR, 0' evidenced by . eerl.in promi"c"l nol~ 01 e.,en d.te herewilh. of wh,ch tho lollowing in y..O~JI ~~\d flgt'r~, il a rrw (op),. to-WIt: - $~lSJL.J2<L._ No ll.~ 19_~ 29 March forI Plerco, florida. for ,..:ve recei,ed, I, we or ei.her 01 VI, promile 10 p.y, wilhout dofelc.tion, 10 tho order 01 FIRST FEDERAL SAVINGS AND LOAN A5SQCIATION OF FORT PIERCE .t ForI Pierce, Florid., the Ivm of $ __ 2.150.. 00 wilh inlorel. Irom d.le al Ihe r.'o 01 .b......5% per ..nnvrn, in monthly in".II. men!I ., 10:'0'...1, $__22.50 _ ___ on Iho _ S t h d.y of M,y, 19 ~__ and. like Ivm on tho corrOlpo.,ding d.y of each monlh Ihere- .lfter until fht:' .......ho~e be fully paid. ' Edch ;rHtJI:rnenf fja' shall be applied in payment of the interelt and then on the unp~id b"lanc~ of the pri~:p.1 lum. If default i. m~de in the rj,,!'t.-:)f of -"ny inUc!l!l,p,ent "hen due, and such defdult continues 30 d!ll'. Iher. al the option of the holder, and withollt any other notice, all the rem~ining If\\n':IJ:enfi Sh31i be du~ and payabie at once. Privilege is giver". to prepay this not. in whoie or in part at any time withou~ penalty. Neither f(){eb~arance, nC'r ~((ep'.!nCt" by It--e ho!dH the-reof after an. default in any paymenh hereon, .hal! be deemed extension. A late payment charge of $ 1. ~ 8. 1.,..11 be ~dJ.d 10 e3ch insra1!rnC'nt remaining unpaid 7 daYI after ill due date# and . like lum Ih,ltll be added to each Ivch installment remaining unpaid 7 daYI .fter p,,:-h s:..'cceedH~g pa)'ment dale. Each In"ker, surety and endorser hereof, jointly and .everally, wai....es demand, prelentmen. protest and notice of protelt for nonpayment, and furt"er ~'Jre~s to any exfension of tin-:e of p~'(ment. eilher before or aher m.sturity, without not;ce to any of us; and to PlY all cos" of coi:ecticn, i'1c:ud:"1'\Q a rt.',.HorlJt,!e attorney's fee in the e....ent of any default hereunder, and hereby sever.!!llly wai....es all henefit of homeltead an~'exemptjot'\ under the- COiUtitution dr.d 1':'.'1 of t"ach Stolte of the United States, liS against this obligation or any extension or renewal hereof. Witnell !he h.nd .nd le.1 01 each party. S/ c. L. Smith S7 Helen L. 3m! th (SEAL) (SEAL) (SEAL) (SEAL) ?eo (____ __~~) St.te Revenvo (Stamps cancelled on original note) NO.N, THEREfORE. Ihe MORTGAGOR for '''0 p'-'rpolo of .ecuring payment of ..:d lum of $ 2, 750 e 00 .nd Ihe perform.nce of tho covenants 6nd agreement. hereinafrer expressed, l'nd for divers good and valuable consideration"~ by thelP prelentl, does grant, bargain, sen, rem;se. rele..e, convey .nd conlirm unto the MORTGAGEE, ils luccellOrJ and OIlign', all th., cert.in 101, piece or parc.1 of I.nd, .ilv.I., lying, and being in tho St.. I.uc ie County of Ind State of Florida. described.. follows: The North Ealf of Lot 10 and all of Lot 11 Block 1 of Fairlawn, a subdivision in Section If Township 35 South Range 40 East, according to the plat thereof ~s recorded in Plat Book 6 at Page 5 of the Public Records of st~ Lucie County, Florida.~ jsv ~--lN P"YMt:folTOfT"X'5 NECEIVED $ .. INT"Nr,lfJLl: Pl:R:,()'l"L PROPERTY. OUE ON CL"SS C PIER 20721.,. ~CTS of 1941. rURSU"NT 10 CH" .. . ~"'ITn. CIi:rk C.rt:u.l C~url ROGRI-, or, , f CU,-lIS M. JAM!:S O~ A\1onl or SI.~~lI~ By _ DEPUTY CLER!'" log ether wilh .11 .nd lingular tho tenernenls, h.,r.d,lament. and appurtance. thereunlo belonging or In anywile appertaining Ihoreto, and .11 rent., III v.,, proceedl and prol,1I .ccrvlng and to accrv& from ..:d pr.mi.... all of which are inclvded in the above and forl\lolng d..criplion and "ab<lndvm. TO HAVE AND TO HOLD Ihe above delcribed and gr.nted pr.mi.o. unto the said MORTGAGEE, ill .UCC.IIOrs Ind ...ign. '-:re".r. And the said MORTGI.<<1OR lor ---~-- "eirs, executors, .dmini,trators and a..Ign., hereby cov~nant. .....ith the ..id MORTGAGEE, its """>lIOrs and a..lgnl, th., ---tn..e.:y-.aI!.C-- I.wlully leized 01 tho said premilol in f.a .imple; that th. ..m. er. fru, clear and dlsc"arged from all lienl .nd encvm- brancel in I.w or in eqvity, and Ihat they will and the i r "elrs ....11 warrlnt Ind dalend ,",, titlo to the limo to the ..id MORTGAGEE, ill Ivcce..ors and ...igm, forever ~gain.t Iho I.wful claim. .nd dem.ndl 01 all persons; PROVIDED, ALWAYS Ihlt il If,e MORTGAGOR .h.1I pay vnlo Ihe MORTGAGEE ,,,. promlllory oot. h.reinbefor. del<ribed and Ih.1I truly, promptly and Ivll f perform, d scharge, execvte, complete. comply wilh and abide by ..ch ..,d every the Ilipvlalionl, agreemenll, conditions and co."nlnll of Slid promi..ory note .nd 01 Ihil Mortg.ge, t"en thil Mortg.IIU and the Esllte heroby crealed ....11 c...o I"d be nvll ~"d vo:d. IT IS UNDERSTOOD Ihal Ihe word "Mortgagor" whelher In the .Ingvllr or plvrll Inywhere In ,"i. Morlgag., .hail b3 .ingvlar if one only and ,h.1I be plvral joinlly .nd sever.lly if more than one, and thaI the word "Ineir" .. Vied anyw"ere In Ihi. Mortg.go ,""11 be teken tv me.n '.h:I," "he"," or "irs," where....er the context .0 impliel or admits. Allo, that wherever there i, a reference in the covenants and ,greements herein contained to any of the p,,'ties hereto, the same shall be cor...rrued to mean I' well al the heirs, legal representativel, luec.nor, and 1":9n, (either voluntary by act of tha parriCi or involun'ary b'( operation of the law) :;f the same imd thai t", co\tenantl herein c()(1tained shall bind Ind the ber.efits and ad'W'antagel inure to th~ respecti.....e neirJ, legal repres.entatives, lucceSSOrs and auign, of the parties hereto. And "id !I,0"g'g01l. 10' themlelve. .nd their "eirs, leg.1 representalive., 'vccellOrs and anlgn), hereby jOintly and .over.lly covenanl Ind .groo 10 .nd with the said MORTGAGEE, itl Ivcceuors and alligm: 1 10 pay .11 .nd lingular tho principal .nd intere.t and the various In d Ivndry .vm, of money payable by virl'). of said promiuory note, Ind thil mortg.ge, eoch .nd e'ery, promplly on tho daYI relpeCliv.ly Ih. ..me lov.r.lly become dv.. 2. To pay all and lingular the taxe., ..,oumentl, levi.., Ii.bililiel, ob/lg.'ion. and .ncum!.ra",el of .very nature .nd kind no:! on ..id described prope,ty, or Ihal here.lter mlY bo impo,ed. luffered, placed, lovied, or a..eued t"ereon, or t"at hereafter mey be leviad Of useued vpon Ihi, Mortg- .)e. or '''0 indebtedne.. secvred "..eby, e.ch and every, whon duo .nd Plyabl., Iccording 10 law. belore Ih.y become delinquenl, .nd beloro any inler.,' ," ch." or ,nf pen.tf il incvrred; M,D Ir-;SOF"R AS ANY THEREOf IS Of RECORD THE SAME SHAll BE PROMPTlY SATISFIED A'm DISCHARGED Of ~iCORD A'.Jl) IHE O~!::;:';M OFFICIAL DOCUM'NT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPtR OFFICIALLY ENDORSED 0" Cin!FI[D) SHALL BE PLAC:O I'J THE HANUS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenl th.t .ny thereol i, nel l.,rj '5.]1 sfied ll,'::i dsc'",rr;.:d sa"d MO~TGAGEE may at ar>y time p"y the laql'tt or .ny put tnNeof without waiving or affecting any option, lien, ~qvj,"( or ",:"T ""d." C' b( '/i,I".-.O! .I'il mOrlgaJc end Ihe lull .mvunl 01 each and overy luch paymenl Ih.11 be immediately due and pay.ble and ,h. II bear interell : c ,. ;he d,'o th!.cof vntil p.d " ,.1. 01 n;no per c.r.tu~' per .nnvm 100 log ather with .u<:h interell IhaU be tecvrtd by Iho lien 01 th'. morglag". . .:. c - _ -~ - ~ ~ .~~ ... . ~_ -, < . . _.. _ . '~. ". _ - . ..... .