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HomeMy WebLinkAbout0967 vr. THIS INDENTVRE. Mede the__ _~~t_.._.~._ day of June A.D. 19 C77r hrtween ~ H~_~~- WH11ACe an~i HPlen Lee Wall ace, __his _ Wi f~ A_ _ of Sfl1Ilt T..iUC~~ County Fforida, hereinafter de~igr,ated as the "MOR?GAGOR," and FIRST FE~eRAL SAVINGS AND IOAN ASSOCIATION Of FOR? PIERCE, a corporation organized and exisring under the laws oi the United States of America and l,eving its principal place of business in the City of Fort Piarce, 5~. lucie Co~nty, Florida, hereinatter designated as the "MORiGAGEE." ~kH:.°.EAS tha MORTGAGOR i~ justiy indebted to the MORTGAGEE in the sum of S-1-r?-.+.-yt-it-tQQ , good and lawtul money of the Un.ted States ad.-anced by ihe MORTGAGEE urno the MORiGAGOR, as evidenced by a certa~n pr~m~ssory notz of e:en date tiereNith, ef wh~d~ the following in wurdt and figures ~s a trva copy, lo-wir. ~ 7.laos~o No 1~•~~4 _ Fort Pierce, Flarida, '~uri~ ~ ! _ ~19~ For va!uz received, I, v,-z or ei~her of us, promise to pay, wirfiout defa!cation, to the erder of FIRST FEDERAI ~SAV2 C~5 AND LOAN A~SbCIAT10N O~ FORT PIERCE at Fort Pierce, fiorida, the sum oi 7_11Q~ ~~Q w;th interest hom date at the ratz of~~!__C~bo pe~ annum, in monthly instail- ~nenis as fol!ows: 5-~~QQ---- on the ~iday of _~LSd~~-___, 19~_ and a like sum on the cor~espor.d:~ng day of each month there- a(ter ~ntil ihe whcle be fvlly paid. Each insla!Iment {irat shall be appifed in paymenr of the interest and then on the ~npaid balance of the pr~nc'pal si~m. If default is made in the pay~nrnt of any ~nstailmant when due, and such d'rfault conrinue~ 30 day~, then at the opt~on ot the hoider, and without any other narlce, ail the ~Cmdin~n~ installmenis shail be dve ar.d payab!e at once. Privilzge is given to prepay this note in whole or in part at any t~me witho~t penaity. Neitt,er forebearance, nor acceptance by tha holder thereo~ after any defa~it ~n any paymems hereon, shall be deemed extens~on. A late payment charge of b--~~. shall be added to each instalirt3ent remai~ing unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining ~npaid 7~ays after each succeed~ng paymenf dare. Each maker, svre~y and zndorser hereof, joirtly and severally, waives demand, presentment protest ar.d notice ot protes! for nonpaymen?, and further agrees to any ex!ension of t~me of payrnent, e~nc~r before cr after maturity, without not;ce ro any of us; and to pay ali costs of co:iectien, inc!ud:ng a reasonab!e svon~ey s fee ~n the event of any defau!t h~reurdwr, and hereby xeveraily wa;ves all be~efit of homestead and exerpt;on under the constitution and lawa of each Sra~e of ~he United States, as aga~nst this cbGgation or any eatension or renewal hereof. W~tness the hand and seai of each party. s Ro B. ~.'allace - cseA~~ s Helen Lee '.'a11~ce ~s~A~> (SEAI) ~ ~ K (SEAL) ( ~ ) Statr Revenue (Stamps canceNed on orig~n~l note) NO'N, THEREFORE, the MORTGAGCR for the purpose of securing payment of said s~m of S 7~~~~ and the performance of the covenants and agrerments hereinafrer expressed, and for d'+vers good and veluable considerationa, by these presents, does grant, t rga~n, sell, remise, release, convey and confirm u~to the MORTGAGEE, i!s s~ccessors end assigns, all that certain lot, piece or parcel of land, situete, lying, and be~ng in the Co~nty of `c'~i~~ I't_~Ci~ ; and Sfate of Fbrida, deau~bed as follows: Lot 1, Block SO?'THFRPI VI~;W A'~DTTION~ ~.s r.Pr ~1Rt thereoi recorded in plat £iook pa~e l~l.~, of th.e nub~ic recorcis of St.. L~,icie Cotir,ty, ~~iori~a, ~ also ~e ~outh 1/? of thA NF~ o.f the N~;~ of the N'n'Y, less the south 165 feet ~.I~erPOf, of SPCt~OZI. ~Os Tcwnship 3~ South, Ran~e !t0 East, St. Ltzcie Countv, F~.or' c~a, 1 << RECEIVED 3 ~ L~-- ~M ~AYMEMT OF 7AXFS ~ ~ ~ ~f`tt~ i, ` DUE ON CLASS'C' IN7AMGIBLE PERSONAL PROPERTY~ ~ Q i ~ V t'~ ~ UA PURSUANT TO CHAPT~R 20724, ACl'S OF i941, ~~~~NIA~~STAMP TAX . _ p ` = ROG:R POi7R,~ , Cie!'k Circuit C~urt - ~(Ai-3'65 _ as Agent fcr CU"715 M. JAMES ~ _ ~'L"~~` i 0 6 5= ~ U ' St. L:~c~e County Tax Collector ~o~'pTF,! ~~t? , _ ~ N~. ~Acisa = gY ~ r " ~'c ~ - OEPUTY CLERK together wlth all and aingular the tenements, hereditaments and appu~tnnces thereunto belonging or in anywiae eppertaining thereto, end all rents, issues, proceeds and proflts accruing and to acaue from said premises, a!1 of which are included in thr above and foregoing destriptinn end habe~dum. TO HAVE AND i0 HOLD the above descr~bed antf granted premises unto the said MORTGAGEE, it• sutcessort and assigns forever. And the ~aid MORTGAGQR far helrs, executors, administratorf and assigns, here6y covenantt with tfie :aid MQRTGAGEE, its successon and e~tigns, rhat lawfully se~zed of the said premises in fee simple; tF.at the same are free, clear and discharged from all liens and encum- brar.ces in law cr in eq~ity, and that_~~~~- witl and - tri8_j-~ _ heirs shall warront and defend the tit!e to fhe same to the said MORTGAGEE, it3 su:cessors and assigns, forever against the law?~I claims and demands of all persons; PROVIDED, At~VAYS thnt if the MOR7GAGOR shall pey ~rto the MORTGAGEE the promiiiory note hereinbefore de3c;it~ed and shall truly, promP~~Y ar.cJ fuily perfarm, d~scharge, execute, tonp!ete, compiy with and ab~de by each and every the sti~uiations, ag~eemenh, conditior.s and covennnts of said pron~,ia:ory note and of thia Mortgage, then this Mcrtgage and the Estate hereby created •hnll cease and be null end void. 17 IS UNOERSi00D that the v.ord "Mortyagor" whether in the ainyular or plural anywhere in 4his Mortgage, sha!I be singular if one only anc~ shal! be plural jointly and severally if more than one, and that the word "their" a• uted anywhcre in tFit Mortgage shali be taken tu mean "h:s," "her:," or "its," wherever the tontext so ~mpiies or admits. Also, that wherever there is a refere~ce in the <ovenants a~d agreementi herein contained to eny of the pariies hereto, the same thall be construed tn mean as well as thc heirs, lrgal representat~ves, successor~ ard asaigns (eitFer voluntary by act of the parties or involuntary by operztion of the law) of the same and that thie covenants herein contained ahall bind end the benefits and advantages inure ro the resorctive heirs, legal repreientatives, sutceiiors and ass~gns of the partita hereto. And said Mortgagors, for themsel~es and the~r heir3, !egai representai~ves, successors and ats~gns, here6y jointly and seve~aily covenant and egree +o ar.d wrth the said MORTGAGEE, its succeasors and assigns: 1. To pay a!I and singu!ar the principal and inteiett end the various and sundry •ums of money payable by virtue o! sa+d promissory note, and this martgage, each end nvery, promptly on the deya rexp~rttively ;he seme severally becoma due. 2. Tc+ pay ail and ~inguia~ the taxes, asiessme~ts, Irvies, iiabiii!ies, obligations and entumbrances of every nature and k~r,d now on said described Gropert~, or that hereafter may be imposed, sutfiered, pleced, levied, or auessed thercon, oT that hereafter may be !evied or eseese~ed upon this Nlortq- age, or the indeatedness sec~red herrby, each and every, when due and payabla, according to law, before they become definquent, and befare any intere~t attzc~es or any pena!ty is inc~rred; AND INSOFAR AS AUY THEREOF IS Of RECORD THE SAME SNALL BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGtNAL OFFICiAI DOCUMENT (SUCH A5, FOR INSIANCE, THE TAX RECEtPT GR THE SAT15fACTION PAPER OFfICIAILY ENDGIRSE~ QR CERTIFIFD) SHAII BE PLACED IN THE HANDS OF SAID FACRTGAGEE WlTHIN TEN DAYS NEX? AFTER PAYMENT; and in tn? event that any iFereof is not paid, sat'sfied and d;scharqed se d MORTGAGEE may a? any time pay the same or any part thereof without waiving or affrttirrg any option, lien, equity or ~~qht v•.der or by virtue of this margage and the f~!I amo~nt of each and every such paymrnt shall be immediately due and payable ar;d shall bear interest {re-n rne da~e tnereof ur.til pa d at ra+e of r, ne per cent~m per annur{ a~d t g ther w;th wch interest sha!I 6e xc~red b1 the lien of th"s morgtagt. ~~9 365