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HomeMy WebLinkAbout0466 r~ - i ~ ~ i i ) . i ~ ~ THIS IND~NTURE, M+de the 20t~ day of M~ A.D. 19_~ behveen _ Jessia SnellinR and Binni4 Sr~,s_~i~g_~hjj.~s xife _ _ of _ Saint Luais , County Fla;di, hsreinafter dasignated es the "MQRTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCII~TION OF FQRT PIERCE, a corporation oryanized a++d existing under the lews of the United Sts~~t of Americe and having its principal plece of business in the City of Fprt Pierc~, St. Lucis County, florida, heninaftar desep~ated as !ha~ "M4RTGAGEE." WHEREAJ tht MORIGAC30R is jusdy indebted to the MORTGAGEE in the sum of f 3LC~~ s 0~ yood and lawf~t monay of the United States advanred by the MORTGAGEE ~r.to the MORTGAGOR, a~ evidenced by a certain promissory note of even dato harewith, of ~vh:ch the foilowing iri words ~nd figures i• a true copy, to-wif: ~~,000.00 . N, 1_ 2,788 Fort Pierce, Florida, Ma~ ~0~ 1~~ Fo. va~ue received, I. we os either of us, promise to pay, without defaication, to the order of FIRST fEDERAI SAVING±S AND IOAN ASSOCIATION OF FORT PIERi,E a~ Fort Pierce, Florida, the tu,m ~ofy.~:,-,~~..QSt.v.vQ with interest from date et the rete ofC1.iL~;o per annum, in month~y instali• menrs ai fol!ow:: E~~LS~ on the~;2.~ day of _J~~ , 19~ and e tike sum on the corresponding day of each month there- after vntil the whole be fully paid. Each insta(Iment first ahetl be apptied in payment of the inferest and then on the unpaid balance of the prinupal sum. If defauit is made in the payment of any installment when d~e, and such defauit conrinues 30 days, then at ihe option of the ho{der, and without any other notice, all the remainin9 fnsrallments shail be due and payab~e at once. Privilege is givrn to prepay this note in whole or in part a? any time without penalty. Neither f~rebearance, nor acceptance by the hoidar thereof after any defautt in any paymenis herron, shatl bt deemed extension. A lete payment tharge of S- 1~ CO, shall be added to each installmem remaining unpaid 7 days after its due date, end e like sum shall be added to each such instaliment remaining unpaid ~ days after each sutceeding payment date. Each maker, aurety and endorser hereof, j~intly and ar.vera(ty, waives demand, presentment prottst and notice of protest for nonpayment, and furlher agree~ to any extens;on of time of payment, either befora or after maturity, withquP notice to any of us; and to pay all costs of col~ection, in<!vd~ng a raasonabie attorney's fee ir. the event of any defauit hereunder, and hereby severally waives ail benefit of homestead and ezemptio~ under the constituiion and faws of each Srate of the Unired States, as against this obligalion or any extension or renewal hereof. Witr.ess the hand and sea! of each party. s Je s s i e Snel l i i~ . ~~EA~~ s Binnie Snelling zsEAi~ (SEAL) ( ~ ~ I State Fkevenue (SEAI) (Stamps cancelled o~ original note) NOVV, THEREFORE, the MORTGAGOR for the ur g p y ~ ~~0 p pose of securin e ment of said aum of S and the performance of !he cnvenan!a and agreements hereinafter expreased, and for divers good and vatueble cons~deratiort~, by the~a p~esents, Coe~ grent, bergain, sell, remise, release, convey and confirm unto iha MORTGAGEE, its tuccessora and assigns, all that certain iot, piece or parcel of land, •ituate, lying, and being in ihe Caunty of ~aint Lucie and State of Florida, describad st foflows: Lot I7, Rlock 3s o~' SL7NRISF PARK N0. 1 SUBDIVISII~N~ as per plat tnereof recorded in plat bo~k 8, paRe 42, of the public records of Saint Lucie County, Florida, z ,xcs o= / (3,•~-~ +y tF~M`~S~2J~'~Rj~ ~tl ~ ~ - p ~ ~"r p'4` ~ , ~q1. V ~ pF' ~ ~ r -t. - • a a ~ ~~~alttda~ A K i L7~ E~Y~p g qc'C' ~ _c.. ^:7 ~ ~ j ~~t ~ ~ ~ ~ bvv, .rLir iP T%a p~C. C\.~ n C';t°' ;,ifC=' p ~(Z~'6S , , ollc c c~z ' ,'1 .ck ~S f- V ~ ~ ,~.~r, , _ pUK`~~ ~ - j ~v~. ~~~~r ~ C4MP1'RQLLER ~r'-,,~'~ - ~ r, ~ F~.C; ,~~t.C~ C,O11eCt ~"!d.t90i3E ~ ` ~ ~ u~ - p5 A9E~~ ~n Y~°x i-~~ _ ~ St ti ~~~~ZY ~y~ _ = ~y tagether with all end tingu~ar the lenements, hereditaments an~d appurtances thereunto belongiry or in anywise appertaining thereto, end ell tentt, ~ssues, proceeds and profits accruir,g and to accrue from said premises, all of which are includsd in the above and foregoing detcriptipn snd habendum. TO HAVE AND TO HOLD the above dextribed and granted premiaes unto the said MORTGAGEE, its suttessors end astigm forever. And tha taid MORTGA{.G}.O,~R ~for --~h~~--~---- heiri, executon, administrators and asssqm, hereby covenants with the said MORtGAGfE, ita ~ucce~tort and auipna, that lawfuily seized of the said premises in fea sirr.ple; that the ~ame are free, desr and discherged from all liena and encurn- brances in lew or in equity, and that_~.A~ wilf and thB~' heirs ~hafl warrant and defend the title !o the ~ama ta the said MURTGAGEE, its successers and assigns, forever egaimi the lawful claims and demends of aIl pereon~; PROVIDED, ALWAYS thai if the MOR7GAGOR shall psy unto the MORTGAGEE the promitsory no4e hereinbefore deuribed end sheil truly, prcmptly and fully perform, discharge, execute, comptete, compty with and abide by eath and every the a9ipulations, agraements, condit~on• and covenants of said t prom;srory note and of this Mortgage, then thia Mortgage and the :atate hereby creatcd shall ceaie and be null and void. IT IS UtvCERSTOOD that the word "Mortgagor" whether in the singuler w plural enywhero in t~ii• Mortgage, ~hall be singular if one only and ahe~i be plurel jointly a7d ~everally if more then one, and that the word "their" aY used anywhere in thie Mortgage a~all be taken to mean "his," "hers," or "its," wherever the context co implies or admits. Alao, that wherever there ii a reference in the covenanty and agreements herein contai~ed to any of the partiri hereto, !he iame shell be construed to mesn as well a~ the heirs, legal raprascntatives, suttesscri and astigns (either voluntary by act af the partiet or invpluntary by operotion of the !aw) of !he ~ame snd rhat the covensnts herein contained ~hall bind and the benefits and advantaget inuTe to the respective hein, legai representatives, successors and ass°gns of the parties hereto. And faid Mortga~ora, for themselves and their heir;, legal representativet, succesiors end assigns, hereby jointly and severaliy tovenant and agree to and with the said MORiGAGEE, irs suttessors ano aasigns: 1. 1o pay eli end singuler the printipal and 'enterext and tha various and sundry tumx of rno~ay payable by virtue of said promixsory note, and this mortga9e, each snd every, promptly on the days respettively the same saverally become d~e. 2. To pay ali and fingula+ the taxes, assessment~, levies, liabilit~es, obligations snd ancumbrarxes nf evary nature and kind now on ea+d described ~ preperty, or thst hereafter may be imposed, suffered, placed, levicd, or asseased the~eon, a that hereafter may b~ leviet! a saiessed upon this Nbrtp- ~ a~r, cr !he ir.drbf!dr+ess un,red hereby. eech and every, when due a~d peyable, accordinq to law, bafore lhey become delinqvent, and befor~ any interret a~taches or arry penalty is incu~rcd; AND WSOFAR RS ANY THEREOf IS Of RECORD THE SAME SHALL BE PRC~MPTtY SAifSFfED Aiv~ uiSC:;nRv«7 O; ~ RECOkD AND iNE ORlG1NAL OFFIGAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REC~IPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED ~ OR CERTIFIEDy Sl~All BE PLACED IN THE IiANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYN,EN7; a~d in the evem th~t eny thereof is not ~ paid, aat'siied and discharged sa:d MORTGAGfE mey at any time pay the iame or any part thereof without w~iving or affrctir.g any option, lien, rquity or ~iqht under or by virtue of this mortgage and the fu~l ~mount af each and every iuch paymant shall be immediately due end paysble and shall bear interest ~rom the date thereof un!~I pa:d af rate of nine per tent~m per annum snd together with such inrer t shatl be sewr~ by fhe lien of th:s mnrgtage. 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