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HomeMy WebLinkAbout0494 , ~ , ~ t, , . ,~,~1.~ ' ~;L~~• iHl5 iNDENTURE, Made the ~~Y day of MAJ A.D. 19. v~ bctween ._.__W __~Lr~o~.Cs Ti.bbitta and ~'rancea K. T~.bbit,tsi his~~w of~ Indian ~~.VC~lI~ Gounty Florida, hareinafter designated as the "MORTGAGpR," and FIRST FEDFRAL SAVINGS ANL7 L0.4N ASSOCIATION OF FORi PIERCE, a corporation organized and existing under the (aws of the United Staroa of Americe end heving ita principa! place of buYinei! in the Gity of Ft,rt Pierce, St. Lucie County, florid~, hereinaft~r designated e~ the ORT~',aAGEE," WkEREAS the MORTGAGOR is juxtly indebted to the MORTGAGEE in the sum cf 5~~~~~~~~ good and lawful money of the Un;ted Statei edvanced by the MORlGAGEE unro the MORiGAGOR, as evidenced by a certain prem~ssory note oi even dste herew~th, oi wh;ch the following in =o~serylo~g•r~Os a true copy. iawif: ~2'7Qo 5 No ~ Fort Pierce, Florida, May ~l f 19 For valua reczived, I, we or either of us, promise to pay, without defaication, to the order of FIRST FEOERAL SAVINGS A?.ID LOAN ASSOCIATION O~ FpRT PtERCE at Fort Pierce, Florida, the sum of i_~L-' ~~Q~QQ~~___ w;th inte~re~e+t from da}c at the rate ofb!2~o per annum, in monthly instalt- ments as fol!ows: S~~S'SL___ on rhe ~~day of Ju~~ 19~_ and a like sum on the correspond~ng day of each month there- afrer until rhe who;e be fully paid. Each inslaUment iirst shall ba appl~ed in payment oi the interest and then on the unpa~d balance of the princfpal sum. If default is made in the paymenr of any insta~lment when due, and such deFaulr continues 90 days, then at the option of the holder, ar,d withour any other no!ice, all the remain~ng i~staltme~ts shali be due and payable at once. Privilege is given to prepay this note in whole or in part at any t~me without penalty. Neither forebearance, nor acccptante by the holde~ thereof after any default ~n any payments hereo~, shall be deemed extens~on. A late payment ~harge of bl~-_, shall be added to each installment remaining unpa~d 7 days after its due date, and e like sum shall be addad to each such installment remaining unpaid 7 days after each succeeding payment da!e. Each maker, surety and endorser hereof, jointly and se•serally, wa:ves demand, presentment protest and not~ce of p~otest for ~onpay:nent, and f~rther ~ agrees to any extension of t~n:e of payment, either before or aftzr maturity, without notice to any of us; and to pay all costi of collection, includ;ng e rPasonabl~e ar!urney's fee in the eveN of any default hereunder, and hereby severally waives ail benefit of homestead and exemption under the constitution and laws of each Stare oi tha Unired States: aa against this obligation or any extension or renewal hereof. Witr,ess the hand and seal uf each party. s Gordon C~Tibbitts (SEAL) s Frances K. Tibbitts ($EAL) (SEAy ( 6 s ~ ~ State Revenue (SEAL) (Stamps tancelled on original note) NOW, THEREFORE, the MORTGAGOR for the p~rposa of securing payment of said sum of = ~pQ nnd the performance of the covenants and agreement~ hereinafter expressed, ar.d for d~vers good end valuable con~iderationt, by ihese presents, dces grant, bargain, aeil, rem~se, release, convey and confirm unto the MORTGAGEE, its ~uccessori end essigns, all that certain lot, piece or percal af land, situate, lying, and bei~g in the Counry of S~j.T1t ~+ll`~519 _ end State of Florida, deicribed ss follows: That part of' Lo~t 20 of HOGG~ S~U~3DIVISION, as per plat of said ~ubdivisian re,corded in Plat Book 1, pa~e 19, of the nublic re~ords of St. Lucie County, Florida, to wit: ~ Begin at the NE corner of Lot; 20 of HOGGtS SUBDIVISZON as per plnt Boak 1~ page 19, run West 782.33 f~et; thence run South 23 degrees !~Z minutes Eas~ 130,72 feet to paint af be~inning: thence continue Sotith 23 degrees !~1 minutes East 65.16 feet! thence East 120 feet to the West line of Carol Street; thence run North 23 degrees !~1 minutes West along the ~~Jest line of CaroZ Street 65.36 feet; thence West 120 feet to the point of beginnin~. Above plot is otherwise described as Lot 3, Black c, Yorko Subdivision. ? t~ ~~J.r W a~ J.~ I~ D~ ~ L ~ t'[ i V N ` RECEIYED : IN I'AYMEIiT OF TAXES ~ dv ~TAMP TAX.. ~UEOV CLASS'C' tNTANGIBI,E r~RSONAL PROP~RTY, o ~ oc~cut~vra_ ~ z _ _ c~.~T9_~ PURSUANT YOCNqFTER 2472d, ACTSOF 1841, ~ = tifi124'65 y~~~, C RGG R r':~~TR~~'~:, Cl,rk Circuit C;.urt F~ = s 7 J= as Agent fx CURTIS M. JA,i`,ES ~A V C~t4p7ROtLER - St. Lutie Count Tox Ifector }±tj.1S0133 y By DEPUTY CLEf{Q( toge!her with afl and singular the tenements, hereditaments and app~rtances thereunto bslonging or in anywi:e eppertaining thereto, and all rentu, is~ues, proceed~ and profivs accruing and to accrue from said premises, all of which are intluded in the above and foregoing deetription and habendum. TO HAVE AND Ta HOIQ the above demcribed and granted premises unio the ~aid MORiGAvEE, it~ successors end assigns forever, And tha said MORTCAGOR for -~~-~-Z----- he'rrs, execvtors, administrators and as.igns, hereby covenants with the said MORTGA ;EE, irs sutcesion and essig~i, !hat -~-ha~--~L'5--- :awfu!!y seize~' of the said premiaes in fee aimple; that the same art frx, ciear and discharged from ell liens and encum- brancet in !aw or in equity, and that. th~ will and _ t'21A~7± hein •haii warrant and defend the title to the iama ta the said /dORTGAGEE, its successors and aa~igns, foraver against the lawful claims and demands of all ,xrsons; VROVID~D, ALNlAYS that if the MORTGAGOR shaff pey unto the MORiGAGEE the promissary note hereinbefore described and aha!! truly, promptly ~ and fully perFofm, d;stharge, execute, complete, tomply with and abide by each and every the ttipu!ation~, agreements, condition~ and cove~ anti of sa~d promissory r.ote end of this Mortgage, then this /~ortgage and the Estate hereby created shail cease and be null and void. IT I$ UNDERSTOOD tfiat the word "Mortgagor" whether in the singular w plural enywhere in this Mortgege, ihall be singutar if o~e anly and shaH be plural joinlly and severally if more than one, and thet the word "their" ai used anywhere in this Mortgage shall be take~ to mean "his," "hen," or "its," wherever the context so implies or admits. Aiso, that wherever there it a refer~nce in the covenents and egreementt herein conta+ned to any of the panies hereto, the same shall be construed to mean aa well as the hein, legal rapresentativet, wctessors and assigns (either voluntary by ect ot the parties or involuntary by operation ot the law) of the same and that the covenants herein contained snall bind and the benefits and adventages in~re to the respective heir~, legal representatives, iuccessors and asrgns of the parties hrretp. And said Mortgagnrb, for themselves and their heirt, legal representatives, successors and essigns, hereby joinfly end severa~ly covenent an~ egree to and with the taid MORTGAGEE, its successors and assigns: l. To pay all and singuler the principal and interest and thc varioua end sundry ~ums of money payable Ey virtue of aaid promissory notm, and ihis mortc~age, each end every, oromptly on thn days reapectively ihe same severelly oetome due. 2. 7o pay aIl and ~ingu~er the taxes, ess-stments, levies, iisbilities, obtigations and encumbrances of every nature and kind now on seid described property, or that hereafrer may be impoted, suffered, plated, levied, or auesaed thereon, or that hereafter may be levied or aasessed upo~ thif Mortg- age, or the indebtedness seturtd hereby, each and every, when due and payable, according to law, before tfiey become delinquent, a~d before any interoat attaches or any penalty is incurred; AND lNSpFAR AS ANY ?HEREOF 15 OF RECORD THE SAME SWALL BE PROMPTLY SAT15fIFD AND DISCHARGED OF RECORp AND T11E ORlGINAL OFFICIA~ DOCUMENT (,SUCH A5, FOR irlSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTIFtED) SHALL BE PlACE4 IN THE HANDS OF SA10 MURTGAGEE WiiHIN TEN DAYS NEXi AFTER PAYMENT; and in the ~vent that any lhereof is »ot pa~d, sat sfied and d~stharged aa'd MORTG.4GEE may at any t~me pay the same or any psrt thereof without waiv~ng ot effetting any option, lien, equity or +1Ght under or by virtue of this m,ortgage and !he fu~l amour.t of each and every such paym.ent thail be immediately due and payable end sF,aii bear interest ~rom the date thereof vnti! pa;d at rate of n;ne per centvm per annvm and togethar with avch interest chall be sec~red by r»e lien of th's morgtage. _ ~aoK 118 .49~