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HomeMy WebLinkAbout0961 , ~ THIS INOENTURE, Made the_ `~y ~~1 ~ day af _ tii8 ' ,.>.D. 19 t?r._~: ~ betwern t._' i~~ r c F~ C ommt,u~ ~ c a t? on ~1,^_., . a H~ _i ; c. s;~-~r. At.~nn~--------- of L. L~1C County Florida, hereinoftor detignated as the "MO~TGAGOR," and fIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOM OF FORT PIERCE, a corporetion organized and ax~sting undrr the laws of the Unrted Stsw~ of Americe and having its principal place of business in the City of Fo~t Pirrce, St. lucie County, Florida, hereinafter deaignared e• fhe "MORTGAGEE." ~ -7 WHEREAS ihe MORTGAGOR is justly indebted fo the MORiGAGEE in the wm of S~.t-~.1~/-u-.-~-~----• 9eod and la.tiful money of the Un:trd ' S+afes advanted by the MORiGAGEE unto the MORTGAGOR, as evidanced by a certain promissory noie of even date herEwith, of ~vh,ch the iolfowing in words and fig~~rea is a true copy, to-wit: i ~ "OtJ.llf~~ No 12.C~r „ ~ Fort Pierce, Florida, i'=~j~y 19_~..::_ For vaiue received, I, wa or either of ~s, prom:se to pay, without defalcat~on, 'o the order of FIRST FEDERAL $AVINGS AND LOAN A550CIATION OF FORT PIERCE at fort Pierce, Florida, the wm of E- 1-~ - with interest from d'a!e at ttie rote o1~, ~-_'~o per annum, in mcmhly insta!i- rnents as fol:ows: 3--1--1--~-~.-~~~ on the ?~thday of JUl,`r' 19~- and a like sum en the coriespond~ng day of each month there- after ~ntil the who~e be fully paid. Each ~nstal~ment first shall be app!~ed in payment of tha interest and then on the unpa~d balance of the princ'pal s~m. If default ia made in the ' OdJinEnt of any insral!ment wiien due, and such defauh cv~tinues 30 days, then at the opt;on of ihe holder, and without any o:her notice, ali the remain~ng ' ~nsra!Iments shail be due and payable at once. Privi!ege iy given fo prepay this note in whoie or in part at any time without penalty. Neithzr forebearanca, ' r' nar „cceptan;e by the hoider thereof after any defavlt in any payments hereon, shall be deemed extens~on. A late payment charge of shall be added to each instaliment remaining ~npa~d 7 days after its due date, and a like sum shal! be add~d to each such instailment remaining unpaid 7 days aftar each succeeding payment date. Each maker, surety and endorser hereof, IoinHy and severolly, waives demand, presentment protest and not:ce of prorest for nonpayment, and further agrees ro any extension of ti~„e of payment, either be(o~e or after mal~rity, without notice to any of ua; and fo pay all costs of cof!ecticn; includ!ng e ~ reasenable attomey's fe~ ~n the event of any dafau,t here~ndar, and hereby severally waives a~l benefit of homestead and exernption under the co~uit~tion and laws of each $rate of !he United States, as ac~a;nst this obUgation or any extension or renewal hereof. ' VYrtness the hand and seal of each parry. 1`~~1~ . 1~ T=~4 vU *`~~'TjJ.~ ~ L t~ 1 I n',~ J ~ T i~ , ~~r lI T,t711' S v ~~T'~y21T'Otrl~ (SEAL) P2'PS1~P.!7t (SEAL) i t S ~'i ~ A 1 R1 ~ ~ ~P •'~2 n ~+t, t n . (SEAI) S e c r t~__ ts~,i~ ( ~n i;' ) Stete Revenue (Stampi cencelled on originai note) NO'N, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 1?~ and fhe performance of the covenants and agreeme~ts hereinafter expressed, and for divers good and valueble considerations, by these preaents, dces g~ent, bargain, iell, r~m~se, release, convey ancl cenfirm unto the MORTGAGEE, its su<cessors and assigns, ell ihat tenein lot, piece or parcel of land, situate, lying, and being in ino County of : i t_ i.ll C 1~ and State of florida, de~cribed a~ foliows: ~OrS ~ ~;1C1 r'_'~ ~I.~( ~iL:=i1~lJ fi~~'~i'~U~ ,._~~iri~`~~J~ E~CCO?'i11C1S' ~O 8. r~i8i: t}7°I'20~' 021 f'l1F' , ...Tl ~1i3_t ~ 00_- ~ ;~=~:~a ~i ~ :?'a}J1 1C Y~'^Oi'C:5 Of' :.~t . L1.).^?.? Coiznt~; ~ F' i f~'~'..G~A~ lr%. , i ~ S~f A~'~ F L(:1 Ft ~ t.:; A RECEIYEb; - IM PATMEPITOFtAXlS ~ y ~~U~~YA~.TSTAM~ TAX. D ll E O N C L A S S'C' INTANr.iPLE PEtt50NAL Pf?OPERTY, ~•:~a PU(tSURNtTOCHAPTER2G774,: ^f~g41. ~ ~ _ ,lUM-3'65 . w.~1 c = R(~G-R P':IT~ , Cf~rk Cirt.., : urf 4,: V = "1~. ~2 V~`J~ os Age~?t for CL' TiS M. JAM~S ~ CCF!?7R0! L'eR , , _ - NtJ.1S~'133 - St. Liltie 1'CX COtieC}Or F By G'~..1~ DEPUTY CL~RK t{ t ~ , E i together wi~h all and singular the tenements, hereditaments and eppurtancas thereunto belonging or in anywiae appertaining thcreio, end all rents, issues, proceeds and prof~ts aca~ing and to accrue from sa:~ premises, all of which are induded in Ihe above and foregoing description and hahendum. TO HAVE AND TO NOLD the al~ove descr~bed and granted premites unto the taid MORTGAGEE, itt succetsors a~d assignt forever. And the iaid MOR?i~AGGR for -------3-~~----- heirs, executors, administrators and assigns, heroby tavensntt with the said MORTGAGEE, itf successori end atiigns, thar --~-r+----1~----- lawfully seized of the said premisei in fre simple; that the same are free, clear and discharged from all liens snd e~cum- f brancet in Vaw ar in equity, and that_l~__ will and i~..~i ~ heirs shall wetrsni and defend the title to the seme to the said ~ MORTGAGEE, its successors and assigns, forever against the lawful clrimt and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGak shall pay unto the MORTGAGEE the promissory note hereinbefore dest~ibed and shall truly, promptly F and fully perForm, d~scharge, execute, cemplete, comply with and abide by eath and every !he stipulatians, egreements, conditions and tovenants of taid F prom~ssory note and of this Mortgage, then thia Mortgage and the Estate hertby created she!I teese end be null and void. IT IS UNDERSTOUD that the word "N+ortgagnr" whether in the iingu~ar ot plural enywhere in this Mortgage, ~hell be singular if one enly end shafl be plurai jointly ar±d s~vcrally if moro than one, and that the word "their" as used anywhere in thit Mortgage sha11 be taken to mean "hii," "hert," or "itx," wherever the coruext eo impliei or admits. Alao, that wherever there is a reference in the covenants and egreemtnts h~rein contained to eny of the parties hereto, the same thal{ be construed to meen as well es the heirs, ~egal representatives, sutcessors and asiigns ;either voluntary by act of the parties or involuntary by operation of rhe law~ of the seme and that the cavenantx herein tontained •hail bind and the benefits and advantages inure to the respective heirs, legal representatives, auccessora and asa~gns of the pertiea herota. And said Mortgagors, for themselves and their heirs, legai representatives, e~ctesaori and assigna, hereby jointly and severally covenant and agree ro and w~th the aaid MQRTGAvEE, its auccessors and assigns: l. To pay all end singular tha principal and interest and the various end tundry •ums of maney payeble by virtue of said prom~ssory no!e, and thia mortgage, each and every, promptly on the day respectively tfis same teverally Lecorr~e due. 2. 7o pay a!I end singular the taxes, asiessments, levies, liabilities, obligations and encumbrances of ±very nature and ~ind now un said described propc~ty, or that hereafter may be impoted, suffered, ~laced, levied, or auessed thereon, or thet heroafter mey be fevied or eisegsed upon this Mortg- age, or tho indebtedr.ess secured hereoy, each and avery, when due end payable, sccording to lew, ixfora they become deiinqueM, and before eny interr~l atteches er any penalty is incurred; Al~ID iNSO~AR AS ANY THEREOP IS Of RECORD THE SAM= SHALL 8E PROMPTLY SA715FIEU AYD DISCHARvED OF RECORD AND THE ORIGINAL OfFICIAI DOCUMENT (5UCk A5, FOR INSIANCE, THE TAX RECEIPT OR THE $ATISfACTION PApER C7ffICIALtY ENDORSE~7 = OR CERTIFIED) SFiAII BE FIA:ED IN 'iHE HANDS OF SAID MORTGAGEE WtTH~M TEN DAYS NEXT AfTER PAYMENT; and in the even9 that any thereof is not ? ~,aid, sa+'sfied and discharged sa'd MORIGAGEE mey at any time pay the same or any psrt fhereof without waiving cr affecting any option, lien, equ~ty or ~~qht ~nder or by virtue of ~his mortgage and the full amount of each and ever~ wch payment shail bt immediately due and payable end shall bes~ inierrst hem rne da~e thereof until ~a~d at .are of n~ne per se~t~m per annum and iCg6)herwjt'n Wch interet I e secufed by the lien of th s morgtage. ~~~_r.~...~~