HomeMy WebLinkAbout1052 1 ~~fi3l E? ]C.
THIS INDENT;,~RE. Made the_..__L day of June A.D. 19_.__1_, betwcen
C! 4. Moore and Josephine Moor~. his wife _ _
of . ~'a_~~tt l~l~~ S ,~p~nty Florida, herainafter d~iignated as the "MGRTGAGOk," and FIRST FEDERAI SAVtNGS AND LOAN
ASSUCIATION OF 'ORT PIERCE, a corporal~on organi:ed ard existing under the lawf of the United Statas of Anierica and having its principal plece of
bus+nes~ in the City of Eort P9erce, St. lutie Caunry, Florida, hereinafter daaiquared as ttu "MORTGAGEE."
WHEREAS the MORTGAG41t is jwt(y inde6red to the MORTGAGEf in th~.aum of ~~Q good and la~vful money of the Unrted
Sratea adva:~ced by ihe h1CRTGAGEE umo the MORSGAGOR, as evidenced by a cxtain prom;uory note of even date herewith, oi which !he following in
word! and figures is e erue copy, lo-wif:
~ LL~~UO.C~Q 1~.$27
For! Pieres. Florida, Jt~~ 3~ 19_ v.2.,
For value received, I, w~• or eithar of us, prom;se to pay, wifhou? defelcation, 1o the order of FIRST fEOERAI SAVINGS AND LOAN ASSO~iATION Ot
FpR7 ?IERCE ~r Fort Piercen, nF!orida, rhe wm of ~ t~,~~~~.~~~ _ W;th interest from date et tha rete of6!?~o per ennum, in monthly install•
meiei! as fol!ows: S-.~L.~a~SL_.-. on tnel~_faYl_ day of _ TulY Y____, 19~Z~ and a like sum on the corresponding day of each month there-
after until the whc!a be fuily paid.
Each ~nstailmenr first shall be appliad in payment of the interest and fhen on thr unpaid balence of the prirtefpel fum. If defeult is made in the
pay~nenr of any ;nsrallment when d~e, and wch deiault continues 30 day~, then at the optlon of thc holder, and withovt any orher notice, all the remain~ng
insrallments shail be d.,e and paya6!e at ance. F'rivileye is given to prepay this note in whole or in part at any tir.ie w~thout penalty. Neither forebea~ance,
nor acceptance bv the holder thereof after any default in any paymenty hereon, shalf be deemed ex?ension. A late payment charge of E~~, shall be
added >v each insra!)ment remaining unpaic~ 7 days after its due date, and a iike sum shall be added to each s~ch instaliment remaining unpaid 7 days after
each succeediny payme~t date.
Eath maker, surety and endor3er hereof, jointiy and severafly, waives demand, presentment protest and notict of protest far nanpayment, end further
agrees to any ext~nsian of time of paymen!, eirher belore or afier maturity, without natlce to any of us; end to pay ali cos~s of collection, includ~nq e
reasonabie atrorney's fee in the avent of any default hereunder, and hereby severally weives all benefit of homesiead and exemptio~i under ihe constitution
,rd lav.s of each State of the United S~ates, as against this obligation or any extension or renewa! hereof.
W~tness rhe hand and seal of each party. /
s C. A. Nfoore ~Ea`~
s ose~n ne ;oore ~$EA~~
!SEA~)
( ~ ~ 7 ~ Srete Revenue (SEAL)
(Stampe cantelled on original note)
NOW, THEREFORE, the MORTGAGOR for the purpose of tecurin a mcnt of seid sum af s ~~0
9 P Y , and the performance of !he
cavenants end agreements hereinafter expressed, and for divers good and vslueble cons+derationt, by ihesa presentt, does gront, berqain, se!!, ~em;se,
release, convey and confirm unto the MORTGAGEE, its .uccesson and afsigns, al~ that certain Ict, piece nr parcal of land, situate, lying, and being in the
County of ~~int L~ieie end Stste of Piorida, de~cribed es 4oilows:
I:ot Rlack. 2~ of CLYDE KIi~1~ ~'R~S ADDI'~IC~N, as per -~1Rt thereo~' on i91e
i.n DJ at; r3ook at na~e 73, ~~f the ~u~li~ 7'P.Ca:^ds af Saint In~cie Cnuntv,
Flori~r~,
D~
IN ~AYNAw PROP R .
R~C~~ ~ INtAtiGIBIE PEA.C
Dl3~ ON CLASS ~C~ PTER 20724. t~C i c~~F 1841.
puRSUANT 70 CHA CIo~ CIfCU~t Urt
~o~~R Paj~:
cu Tis M. J~?~~
~e~ ~ X
Sd. Lua~
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w ~ _STATE~oF~_LOR1fl~1,~
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d/3 ~ CdKPtRDi.LER ~i^"`
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together with a(! and singular tha tenemenrs, hereditaments and appurtances thereunto belonging or in enywi~e appertaining thereto, and all rents, 3ssues,
procaeds and prof~ts accruing and to atcrue from said premiies, all of wk;ch ~re inc~uded in the above and foregoinq deu~iptiot~ end hebendvm.
TQ HAVE AND TO HOID the above ~escribed and granted premises unta the said MORTGAGEE, ita succetwn aesd aisignt fprevtr. And the uid
MORTGAGOR for -~L'----- heirs, executors, adminiatrators and assigns, hereby covertant~ with the iaid MORTGAGEE, ita tuctessors and ss~iq~s,
rhat lawfully seized of the seid prem;ses in fee simple; ihat the ume are free, clea~ and ditchargcd frorrs al! liana end trocum-
brances in lew o~ i~ equity, end that t.h~ wilf and - tY~.j heirs :hefl warrant and defend the fitle so the ~sme to the ssid
MORTGAGEE, its suctessors a~ ass~;,ns, forevor against t:~e lawfu{ claims snd demands of all persons;
PROVI~ED, ALINAYS thet if the MORTGAGOR shall pey unto the MORTGAGEE the promisiqry note hereinbefore dexribed and shall tr~ly, promptly
and fully perform, discharge, exec~te, campleta, comply with and abide by each s~d every the itiputations, agceemertt:, tonditions and tovenanfs of said
promi:sory nore and ot lhis Mortgage, then this Mortgage and rhe Estate hereby created shall cease and be nvll and void.
IT 1S UNDERSTOdD that the word "Mortgagor" whether in tht •ingular or plural •nywhere in thit Mortgage, shail be singular if one only and
ahatl be plurel joirttly and teverally if mote than one, and that the word "their" ae vsed anywherm in thit Mortgege ihali be taken to meen "hi:," "hers,"
or "ita," where~er tfx context so implie~ or admit~. Ais~, thai wherever thera i~ e reference in iM covenanti and epraemen~s herein corstained to any of
the parties hereto, the ~ame sha~l be construed to mean as well as the heirs, leyal rspresentativat, sucteuon and ass:gns (eithe~ voluntary by act of the
parties or involuntary by operation of the law) of the same and that the tovenant: hers+n contained ihe!! bend and she benef;tt and sdvantages inure
;o the re~pettive hein, iegel represematives, succesiors and as~~gna of tF» parties hereto.
And said Mortgagori, for !hemselves and thei? hein, legal roprcsentativef, wcce3sws ~nd sisigns, hereby jointly and ieverally covenent and sq~ee
to and with the :aid MORTGAGEE, it~ tuccessors and assigns:
t. To pay afl and ~ingular the printipai and interest snd tha varioua snd tundry sum~ of money payablo by virtue of said prom+cwry note, and this
mortgage, each srud evsry, p~omptly on the deys ratpettively the iame tever~lly becc~ due.
~ 2. To a al; and si
~ p y ~gular the raxes, assessms~n, lavies, liabi~i ies, a'~I~getions and tncvmbnnces of every nature snd kind now en said deuribed
i property, w fhat hereafter m~y be impo~ed, suffered, placed, levied, ot auesaed Phereon, w that heraefter may bs levied or eaiet~ed upo~r this
aqe, o? the indebtedness ~ecured hereby, exh ~nd erery, when due and payabl~, ~tcwdiny to law, befw~ they become delinq~ent, ~nd befort any int~
~t
j atraches o. any penalty ii iawrrrd; AND INSOfAR AS ANY THEREdf {S OF RKORD THE SAME SHAIl BE PROhSFTLY SAiI5ffE0 AtJD DISCHARGED oF
f RECORD ANQ tNE OR?GthAl OPFICtAt DOCUMENT tSUCH AS, fOR lNSiANCE, THE TAX RECEIPT OR THE SATiSFACTION PAPER OFHCIAIIY ENDORSEO
~ OR CERTIf1ED) SHAII BE PIACcD IN THE HANpS Of SAID MORTGAGEE WITHIN TEN aAYS NEXT AfTER PAYMENT; and in the event that sny thereof is no1
pa~d, sa~'atimd end disch~rged se;d MORT~AGEE may ~t any t~me pay the ~ame w eny p~rt thereof without weivinq or effeciing any option, lien, equiry or
; .1qht ur.de~ or by v;rtue of tn;s mortgage ~nd the fuil amount of each and every •uch psyment ~hap be immedietely due snd p~{able and shall bear intereat
; irom the dare thereof unti) paid a! rate of nine per cent~m pe~ annum and ethe+ wlth •uch imere~t ~hail ?x yecu*ed by the lien of th:s morgta9e.
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