HomeMy WebLinkAbout0705 .~_v~~~~:J
THIS INDENTURE, Made tho ~b tYl day of ~ ~ A..D. 19fL,Y, batween
CeC '~I,~, Church ~nci Mar~~ria C, Ch~•c~i h; S s~ifa,
of St. LLiCi@ County Fla~ids, hereinafter desgnated es the "MORTGIIGOR," and fIRST FEDERAL SAVINvS AND LOAN
ASSOCIA110N Of fORT PIERCE, e mrporetion organized and existin9 under ttu laws of ths United Siahs of America snd haviny in principel pl~ce of
businsu (n the tity of Port Pierce, 5t. L~cia County, Florida, hereinaher designated as tiu "MORTGAGEE."
WHEREAS tha MORTGAGOR is iu~tiy indebted to the MORTGAGEE in the sum of =~-~5~ ~ good and !ewfu{ money of thr Un~ted
States advanced by Ihe MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date herewith, of wh~ch ihe following in
wo~s and figuref ii a trua copy, to-wit:
: 5, 250 . 00 r~- 12 .~Q~-
Fort Pierce, Flwida, M&~' ~ 14_57~.
For value received, i, we or aither of us, promise to pay, witnout defalcation, to the order ef FtRST fEDERAI
LSAV-~IN~GS AND IOAN ASSOGIATION OF
fORT PiERCE at fort Pierce, fbrida, the sum of S S~ 25U w;th interest from date at the rate of' • c~°o per annum, in monthly install-
ments as foliowa: S on the ~ dey of '7u~.~_-, lq 6~ end a like sum on the corresponding day of each month there-
after until the whole be fully paid.
Each installment first shall be appl~ed in payment of tfie intereat and then on the unpaid balence of the prinupal sum. If defeult is made in the
paymero of any installment when due, and sucn default cantinues 30 day~, then at the optian of the holder, and w~thout any other notfce, ali the remein~ng
installments shalf be due and payable at once. Privilege ia given to prepay lhis note in whole or in part at sny time without penalty. Neither forebcarante,
nor atceptance by the holder ~hereof after any default in eny payment~ hereon, ~hall be deemed extension. A late payment charge of S~. shall be
added to each installment remaining u~pa~d 7 days after its due dste, and e I~ke ium shall be added to each such installment remaining unpaid 7 daye after
each s~cceeding payment date.
Each maker, suraty and endorser hereoi, join!~y and severaily, waives demand, presentment Nrotest and notice of orotest for nonpayment, and further
agrees to any eztension of time of payment, either before or after maturity, withaut notice ta any of us; and to pay all costa of collection, inc!uding a
reaso~abie atrorncy's fee in the event of any default hereundet, and hareby severo!ly waives all benefit of homestead and ezemption under the consfitution
and laws of each Stare of the United States, as againsf this obligation or any extension or renewal hereof.
Witnes~ the hand and seal of each party. ~
S C e c i 1 L. ~hurc h ($EAI.)
~ ~ pri , r _ C,huY~ct1 iSEAI)
_ (SEAI)
~ ~ 7 . 95 cs~A~>
) State Revenue
(Stampa cancelled or~ original noteD
NOW, THEREFORE, the MORTGAGOR far the purpose of seturing peyment of said sum of S~• 25Q end !he perFormance of the
covenants and agreements hereinafter expressed, end For d~vers good and v~lueble ton~identions, by these present~, doe~ qrant, bargain, sel1, remise,
release, tonvey and confirm unto the MORTGAGEE, its succesaon and a~si9n~, ell that certain lof, piece or p~rcel of lend, situate, lying, and being in the
County of ~~C Z e and State of Floride, describsd ts follows:
Lot. 3l.+~ B1_OCk 6~ o~' TUG~:~;R T~RRACL~ a Subdivision of' T,he S~4 Of the J?5~4 of
Section y, `I'ownship 35 5outh, itan~e 40 ~ast, eccording to a~l~t thPreof
recorded in Plat Boo~ ~age ~4, af the ;~ublic recordg of ~t. Ltzci~
Caunty, rlor~da,
~
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~ 1"~~±~ ~F ~ L O~~~A' ItECEIVED 5 IN ~AYMrNT OF TAXES
,~QC~~AENTA~~ TAMP TAX . ~u~ ON C; ~'r !~~ryh ~!8LE PERSONAL PROPER7Y~
J~ ~~rZ~'6~`~~o u. pUR~lil.•'T ~~ii:r I%R 2G724, AGT50F 1941,
~ CS ~ - '~i~r~,- ~ ~cc ~~i c~«~ot C~urt
« ~ ~o~roTftOCIER ° " ~ os n ` r U ' ~5 M. JAh1ES
~!~j, 19013t !`Q~~.--~..~.~-~ Si. l.u~i~ Launty lax Co tor
8r DE UTY CLE6t1C
together with all and sin~utar the tenementa, hEreditaments •nd appurtances thereunto belonging or irt •nywise appertaining thereta, and al1 ;enh, isava~,
proceeds snd profits accruing anJ to accrue from aaid premises, a11 of which are included '+n ehe above and fore9oiny detiaiption and habendum.
TO HAVE Al~1D TO HOID the above described and yrantsd premisea unto the reid MdRTGAGEE, iti :utceuws and sssignt forever. And tls~ sald
MORTGAGOR for ~he i r____ h~;,:, executors, administratori and assigns, Mreby covenant~ with the said MORTGAL'rEE, its succe~wrs and ~uiynt,
~n,t -the.~ ~1i"'8__ ~awfulfy uized of the said premius in f~e simple; that th~ ume ue free, claar and dixharqed from sll liens end ~hturtr
brances in law or in equity, and tfiar. t he y- will and the ir heirs shall w~nant and defend the title to the sams to the s~id
M~RTGAGEE, its suctessors and suigns, fareve~ against the lawful tlsimi and demands of all perwr~s;
PROYIDED, ALWAYS that if the MORTGAGOR shall pay unto tix MORTGAGEE the promi~iory rtote hereinbefore destribed and thall truly, promptly
and fully perform, di~charge: execute, complete, CWt7Dly with and abide by each and eve~y the atipulatians, agreemenb, conditions snd covenants of said
promissory note and of this Mortgage, then this Mwtgage snd the Estate horeby crested thall ceass and ba null and void.
it IS UNDERSTOOD that the word "Mortgagor" whether in the •~ngulsr w plur~l snywhere in this Mortgage, ahall be •in9ulsr if ona only and
aha~l be p!ural jointly end severally if more than one, and that tha ward "thei~" as used anywhsta in thii Mortgage ahall be taken to mean "hi~;' "hers,"
ar "ite," wherever the context to implies ar admita. Also, thnt wherever there is a referente in the coverrrnts and ayroements hsrein contsinec! to a~y of
the parties hereto, the ume shall be construed to mean as well ~s the hein, ltyal npraentstives, :vctssaee~ arrd ss~igna (sitF,er voluntary by ad of tM
parties or involuniary by operstion of the law) of the same end that tha covenants ixrein contained ~hail bi~ ~nd ihe benefit~ and advantaye~ inur~
to the respedive heirs, legel representatives, succ¢swrs and asi~ym of fix p~rtiet hereto.
And said Morfgegort, for t'~emselves and their heirf, leqsl repreientatives, tucteswrt and aaigns, hereby jointly and sevarally coven~nt and aqree
to and with the uid MORTGAGEE, its iucccssori and assiyni:
1. To pay all end singular the printipal snd i~terest snd the various snd sundry ~vm~ of money payable by virtue of said promiasory rrote, and ihit
mortgage, each and every, promptly on th~e days respectively ihe same severally betomf dve.
2, Tp pay All and •ingvlar the taxcs, asseumenh, levies, liabilities, obligations ~~d ~ncumbr~nca of every r~ature snd kind now on wid dettribed
property, or that h:rreafte~ may be impofed, suffered, plxed, levied, w asseued thereon, or th~t hereafter msy be levied a essessed upon thia MortQ-
age, w the indebtedneu aecured hereby, ~ach ~nd every, when du~ •nd paysble, accwdirq to law, before lhey become dclinquent, •nd befor~ any int~rat
attathes or any penahy is incurred; AND INSOFAR AS ANY THEREOF t5 OF RKORD THf 5AME SHAL! 8E PROMPTLY SATISFIED AND DISCHARGEO t]F
RECORp AND 7HE ORIGINAL OFfICIAt DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT 4R THE SAtISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAII BE PLACED IN TNE HANDS OF SAlD MORiGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT; and irs the evnnt that sny thereof es not
paid, sat'sfied and discharged sa;d MORTGAGEE may at any rime pay the sa:ne w any part thereof w+thout waiviny or affetting any option, lien, equity or
r;qht under or by virtue of this martgaga and the ful! amount af each and every such payment ah~ll be +mmediately due snd payable and ihall beer intereat
F.om rhe date thareof until paid ar rate of nine per tnnt~m per annum and toQether ~t s tj''~ st sha~! be~ by the lien of +h:s morgtaye.
BOOK .L~~7 ~