HomeMy WebLinkAbout0112 .7 '~'~i~ ~ f.
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TMIS INdENTURE. IN~d~ tT+a..~ 1~ dry of Ma A.D, i9~..., bttween
Cheater L Th lac n Leo K a acke ia wi
~ ~J'$~.11 I+11C~~ ~~nry p~pri~la,, hK~imfta dpipMt~d es tM "MORTGAGOR," and FiRST fEDERAI SAVINGS AItiO IOAN
~ A550CtAT10N OF FORT PIEkCE, ~ cwpaition orqaniud and ~xiitiny w~d+? th~ Iww of tM Unitsd Ste~ti af /lmeriu ~hd f+aviny ih princlpel pl:u of
bw~r~ in th~ City ~ Fort Pi~rce. St. luci~ County. Fbrfda. iKnfnaftor d~sfqnat~d a~ tM "MORTGAGEE: '
WFiERE/1S fh~ MORTGAGOk h ~urtly ind~btird ro ih~ MQRTGAGEE 1n th~ wm of i $~nUn~~~ . good ~nd lawful money of the United
St~iti advanad by tM MORTGAGEE unto tM lNORTGAGOR, ~s evidsnced by a c~rtain promiaory note of even dete harswith, of wnich tha followinq in
word~ ~nd fiqurK i~ a hw copy, to-wit:
. : 8~oQ4~4 i2~774
Port Piercy, fiwid~, l~i 19~
Fa valve ncsived, I, wa w aithsr of us, promiss to p~y, without d~falation, to tl» order of FIRST FEDERAL SA`VINGS AND LOAN ASSOCiATION OF
FORT PIERCE at Fwt Piarte, Fbride, the sum of a 8` ~~0 ~ OQ - with interest from date ~t the rote of S~_96 per annum, in monthly irttitall-
menti si follows: _ on rf?~ ~day of Ju~4 , 19~ snd a like sum on the cwrespondiny day of each monih there-
after until the whole be f~lly paid.
Each instaliment fint ihall b~ appliad in payment of the interest and then on the unpaid balance of the principal aum. If default is made in the
payrnent of any installment whan dva, a~d s~ch defsult cantinues 30 day~, then st tho option of fhe holder, anc~ without any other notice, sll the remaining
~ installments shall be dua and payAbte •t once. Privil~ys ii giv~n to pr~pay thii rrote in who{e or in part at sny time without penalty. Naither forebearo~cc,
~or atceptante by the holder thereof sfter any default in any paymenh hareon, sMll be deemed extension. A Iste payment charge of • o ~hall be
added to each inst~llment remaininp unpaid 7 day~ aftsr its dw d~t~, ~rd a like sum ~hall be ~dd~d to each ~uch installmont remaininy unpaid 7 dayi ~fter
each succeedinq paymertt date.
Each maker, surety s~d endorser hereof, jointly and aeverslly, waives demand, presentme~t protest snd notite of proteat for nonpayment, and further
sgraet to sny extensio~ of tima of paym¢nt, either before w aher maturity, without oetite to arty of us; and to pay sll coets of collection, including e
rcaaonebte attorney's fee in Me event of any default hereunder, and hereby aeverslly weive~ all benefit of homestead and azemption under the comtitution
~ and laws of each State of th~ United Statee, as against thii ob~iyation or any axtensian a renew~l hertof.
Witneu the hand and seal of eech party.
s Ch s e L ($EAL)
~ Leona K. '~alacker _ ~seAu
(SEAL)
csenu
; 1 ~ ~ 00 ~ State Rev~nue •
(Stamps unalfsd on aiyinal not~3
~ NOW, THEREFORE, the MORTGAGOR fw the purpose ef seturirtg peyment of said sum of S g~~~~0 •nd th~ perfwmance of th~
covenanfs ~nd apr~mants herainafter •zprrssed, and for diven pood snd valwbls coosideration~, by th~u prefrnt~, does grant, bsr~sin, sell, romise,
relea~s, tonvey •nd confirm unto the MORTGAGEE, iri t~cceuors and aui9ni, •tl that certaln lat, pieu or poresl of Isnd, •ituat~, lyiny, and be+nq in ihe
, Ca~ntY of Saint Lu~e ,~rx! 5ute of Fbrida, dexribed a~ fo~lowi;
Lot 26, Block 2, Fort Pierce Shores~ Unit #1, ~s per plat ther~of record~d
~ in Plat Book q,~ page 9, of the public records of Saint Lucie County, i''~orida,
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togeth~r with •I! and singuler Phe tanemsnt~, hereditaments ~nd appurtances thereunto belonqiny w in anywite appertaining thereto, :nd al! rents, issuea,
proceeds artd profiri attruiny snd to xcrue from said premisi?s, all of whith ars irxlvded in tha above and foreyoinq descriptian and habendum.
TO HAVE Ahp 70 HOID the abova desv':bed •nd yranted pr~mir~es uneo th~ said MORTGAGEE, it~ ~utteuon and atsigru forevs?. And Pha ~aFd
MORTGAGOR for the hein, executws, ~dministnton and s:iigns, hsnby ccv~nanM with the said MORTGAGEE, ih svcceswn and essi9!u.
th~t ~r-~-- lawfully seized of 1M aaid premi~ss in fee ~+mpls; that the tame arm frw, ctear a~d discharged from all lten: and encum-
brances in law or in equity, and thst~- will +nd '~h-+~'~-'~' hein sh~N warront end defend the title to ih~ tamo to the ~aid
MORTGAGEE, itt sutceuan snd assi9ns, fot~ver against tFw lawfvl claims ~nd dem+»ds of •t~ penons;
PROYIDED, AlWAYS thrt ff the W~ORTGAGOR ~hall pay unto t4+~ MORTGAGEE tM promiuoty note hereinbe'Fae dexribed an~ shell truly, prompt~y
~ end fuliy perform, diuharge, execute, cornplete, tom~ly with and abide by each and every the ttipulaliom, sgreemenis, tonditions and covenanri of said
promiuory nota and of this Mortgaye, t}xn this Matgage and the Estate fiereby veeted shal) c~ase snd be null and void.
IT IS UNDER5TOOD that tha word "Hbrtyagw" whethe~ in the singular or plursl ~nywhem in thit Mortgsye, shall be eingular if orx otily end
shsll be plur~l jointly and rtv~raily if more tha~ one, and lh~t tM wad "ttieir" as vsed anywMre in this Mortyage shall be taken to msan "hit," "heri,"
w"its," wherever tht contaxt w implies or admits. Alw, that wherrver there i• + r~rfaance in rht covenanri ~nd ayreamenri hetein tontained to any of
tFa psrtie+ hereto, the sartw ihell be cw+strusd to mesn u wel! i~ the Froin, leysl repraentitivas, t~ttesson ~nd auigns (eith~r vo!untary by ad of tM
perties or involvntsry by opentan of t1~e lawi of the t~rrH snd Phet tho covsnanri herain cantained :hall bind and the bsnefits and sdva~t~qy inurt
to the r~sptcriw heirs, leqfl r~presentstives, wctessors and aRS~yns of tlu parties hareto.
And said Mortpagon, fw themselves ~nd thair hein, ~eqal repraentative~, tust4uor~ and ruiQns, haroby joinHy and sevsrally coven+nt and ~pree
to md with the said MORTGAGEE, its wtceswrs and ~siiym:
1. 7o pay all ~nd t~rgular t1h~ printipal and int~rest and tM vsrious and wndry sums of ~»oney peyable by virtw of uid promissory note, ~nd this
mortyay~, eath snd every, pramptly on th~ dsys resp~ctiv~ly 11?t ama iewrslly bscomr dve.
2. To pay all ~~d si~ulu the t~xes, ~s~umenri, I~vies, iisbilitiet, oWifl+tion~ ~nd ~ncwnbrancat of every nature end kind now on taid described
property, or that hereahN may b~ impw~d, suffer~d, p!xed, Iwied, w~ssessed thersan, or that her~~fts~ m~y be levied or a~s~ssed ~pon ihk Mortp-
~q~, or the ind~bt~dnsu ~ecursd he?sby, ~ach and wsry, wMn dw +nd payabl~, ~ccordinq to Irw, b~faa thsy bscome delinquent, snd before any int:rosi
attaches a any pen~lty is incurred; AND INSOfAR AS ANY THEREL~F IS Of RKORD THE SAME SMAII BE PROMPTLY SATISFIED AND UISCHARGED OF
RECORtS AND THE ORIGINAL OFFICIAL DOCUMFNT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SAYISFA~LT~ON PAPER OFFICIALLY ENDORSfD
OR CERTIFIED) SliAll BE PIACED IN THE HANDS OF SA~D MORtGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the evenl that any lhereof it not
paid, satafied md diuhsrged said MORTGAGEE may at any tims pay tht iamt ar any parl tht~eof without waivinq or yffettinq any option, lien, equity or
.ipht undcr or by virtue of this mortgage and the fvll smount of esch and every iuch payment ihsl b~ immedistely d~e and payabla end shall besr interest
irom the date thereof until paid ~t rate of nin~ prr tentum ptr ann~m to~tF~er~rrith ~uch im r sr~~tl be tecured by the lien af th:s mwqtaye.
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