HomeMy WebLinkAbout1056 t ~~E~~31`~ ~
1HIS INDENTURE, Made the_ ~r~ day of ~ `~un~ A.~, 19 6~ , batween
~ Palmer r~nd Crist, Inc., ~ F'loridR Corporation
T
o~ ="-~-LLti Co~nty Florirla, hereinafter desi9nated as the "MORTGAGOR," and FIRST FEDERAL SAVWGS AND IOAN
ASSOCIATION OF FpRT pIERGE, a mrporation cxga~ixed And existiny under the laws of the United Stat~s of Americe and having its principal place of
~ bwinets in the City of FaR P+erce, St. lucie tounty, ftorida, hereinafter designatad es the "MORTGAGEE." `
`NtiEREAS ihe MORTGAGOR is justiy indebted to the MORTGAGEE in the sum ot 3 b•
n~Q• good and ta~vful money of tha Un~ted
5te:es advanced by the MORTGAGEE unto the MORTGAGOR, a: evidenced by a certe~n promiss~ry note af e~~en date herewirh, of wh~ch the follo~n~ing in
1 ~L ~an~~or~os a true copy, to-wit: N~1?ry~~q
~ C7
fort Pierce, Fiorida, June 31 19
Fpi va)va received, we or eirher of vs, prom~ a tc without defalcation, tn the ar~er of FIRST FEDERAL SAVINGS APID LOAN ASSOCIATION OF
FpRT PIEACE at Fort P~ier.~ce, ~Florida, the wm of j ~~O with inte~reCst from date at the rote of ~'-o per annum, in monthly install-
ments fol!ows: S-~'.i~..~~L__ on the th daY of _ J~IY , 19_SL2_ end a like sum en the correspond;ng day oi each month ihere-
atter until rhe whoie oe fully paid.
Each i~sta(Imenf first shall be appifed in paymenr of the interest and the~ on the unpaPd balance of ~he princ+pal sum. If default is made in the
payment of any insrallment whzn due, and wch defauh continuea 30 days, then at the option of the holder, and without any other notice, ali the rernalning
insrallments shail be d~e and payable at once. privilege is given to prepny this nofe in who(e or in part af any t~me withou! pena(ty. Neither fo~~rebearonce,
nor acceptance by the hoider theraof after any defautf in any paymenta hereon, shail be deemed extenzion, A tate peyment cha~ge of S__.~, ahe!! be
added to each instaliment remaining unpa~d 7 days atter its due date, and a like sum shall be added to each such instailment remeini~g unpaid 7 deys after
each s~cceeding payment date.
Each maker, surety and endorser hereof, iointly and sev~rally, waives deman~i, presentmen! protesf ard notice of protest for n~npayment, and further
agrees ro any extension ot r,me of payment, either before or after m3t~rity, without netice to any of us; and to pay all tosts of collection, incfuding a
reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of hemestead and exemption under the constitution
and laws of each Srare of the United Srates, as aga~nst this o6tigation or any extension or renewal he~eof.
Witness the hand ar~d sea! of each party,
Palmer and Urist, Inc~ (SEAL)
gy: C. J. Crist, President ~S~~i~
Attest: _ W._ A. Palmer, Secret~,~~
( 9 ~ 15 State Revenve - {SEAL)
(S4ampa cantelled on originai note)
NOW, THERcfORE, the MORTGAGOR for thr ur ~ f~~~ ~ n~
p F,ose of seturing payment of said sum o! _ , end the performance of the
covenants and agreements hereinafter expreased, end for divers good and vefuebt~ considera!ions, by thase presenta, dxi grant, bargain, sell, remise,
release, convey end confirm unto the MGRTGAGEE, its successor• and auigns, eii that certain lot, piece or pattel of lend, situate, lying, end being in ihe
County of _ S~1 n t !~Ll C j.9 and State of Florida, described rs faliows:
I,ot 7, Bl~ck 3, SI1~VTdY ACR?~Q~ ST)BnIVISION, ~s per rlat thereof rec~?~3ed in
P1ar ~3ook 8, na~e 25, of_ ti~e nuhlic re~~~•us or' Sainr., L~zr,ie County, rloridA,
- ~ <
~ ~~'A~~ E oF C) R~ OA -
a ~•.ua~tu~urA xaMa Tax
~~r r RXR_#' ~r
~j _~N 1'AYMEyY,,,,._•~M1Y -i ~ - ,i1~-,'~S ~ , .
Rr~~`_E PER50 } F~ U = =9' ~
R~LEI~~ ~ 55 •C' tNT Jy 24 A~ T c . V) COMFTpOLLEft Y =
pN C PT ~ ~ , pS.196138 ~
~VE NT ~x'A CIfC'-~~i- ~ vt - -
~~~s~~ ~ ti;..,,.- ~='~'~~k ~
~
R~,G ~ . 'SIS M. JAM
os A~e~^s {QC~y jsax Co1t~i
St. `~'`e
~ Cti%u'~" _ ~£t,UTti ~,1~
6~
together with aH and singrlar fhe tenemtnti, hereditan,ents and eppunantes thereunto belonging or in anywise appert~ining thereto, and Ali renti, ifsues,
proceeds and prof(ts accruing and tv accrue from seid premises, ail of wnich are inclvded in the above a~d foregainp dxscription and habendum.
TO HAYE ANO TO HOID the above descr~bed and gronted premises unto the said MORTGAGEE, its svccattws end assigns forever. And the iaid
h50RTGAG~R for i-~-`~-------- heirs, executors, adm~~istrators and a:signa, hrreby covene~nfs with the saiei MORTGAGEE, ita successors •nd auiqru,
~hat -~t---i~____ l~,wfully srized of the •aid premises in fee simple; that tha same ara free, clear and diaherged from •Il liens and encunr
~ brances in law or in equity, and that t wiil and i t~ heire ahsll warrant and defend the title to the same to the wid
MORTGAG~E, its successors and a~signs, forever against the lawful tlaims and demands of alI personi;
; PROVIL~ED, AlWAYS that if the MORTGAGdR shell pay unto ihe MORTGAGEE tfie promissory note hereinbefnre detittibed and ~hal! iruly, promptly
f. and fu!ly perform, diacharge, exec~te, complete, comply wirh and abide by eech and every the ttipulatians, egreemant~, cenditiens and covenants of said
p~om~ssory note end of fhis Mo:tgage, then this Mortgage and the Ettate here~y treated thsll cesse and be null and void,
~ IT I5 UNDERSTOOD Ihat the word "tAortgagar" whether in the singular or p~urel anywhere in thii Mortgaqe, thall be tinqular if one onty end
( shall be plural joinsly and severally if m~rc than one, and that the wo~d "their" as used ~nywhOro in this Mortgagt shsN be teken to mean °hit," "hen,"
or "its," whe+ever the tontext so implies or admits. Also, that wherever there is ~ teference in ihe covenents and ayrtemenh herein conteintd to any of
the partie~ hereto, the aame shall be construed to mea~ a~ well as the hein, legal rtpresentetivei, succe~sw~ and aaaignt (either voluntary by ad of the
partiea or invo(untary by operatian of the law) of the ~ame end that rne covanants harain toMainod shall bind end thm benefits and advema~ei inure
to fhe respective heirs, legel repreaentatives, succeasori end ssi~9ni of the pertiea hereto.
knd said Mortgagors, for themselves and their heirs, Iegaf representativet, •utcessors and assigns, hereby jointly snd ~eveeslly covenent and aqrae
ro and with the said MORTGAGFE, its succnsinrs and assigns:
1. To pay all end singuler the prirxipal end irtterest and !he var+oui and sundry sums of money payable by rirtue of seid promisiory note, and thi~
mortgage, eacfi and every, promptly on the days res~,ectively the same savsrally brcom~ d~~.
2. To pay all and singular the taxes, asseismenta, tevies, liabilitie~, obligations and encumbrances of every nature arsd kind now an said da~aibed
property, or the~ hereaftar may be imposed, suffared, pla[ed, tevied, or •uesud thereon, or that hereaftar msy be levied or auesned upon thi~ Mortp-
age, or the indebtedness secured hereby, esch and evary, when due s~d peyable, ucordinq to law, befwa they become delinquent, ~nd before any int~r~st
atraches or any penalty is inc~rred; AND INSOFAR AS ANY iNEREOf IS OF RECORD THE SAME 5HALL bE PR(3MPTlY SAi15F1ED AND OtSCHARGEO OF
REC~RD AND THE ORIGIhAt QFfJClAL DOtUMENT (SUCH AS, FOR lNSTANCE, THE TAX RECElPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTiF1ED) SHALL BE PLACFD IM1i THE NANDS OF SAID MORTC,AGEE WITHIN TEN DAYS NEX~ AFTER PAYMENT; and i~ the eve~t that any thereof is not
paid, sa!'sfied and discharged sz'd MORiGAGEE rnay at any time pay tht seme or ar.y pert !hertof withaut waiving or affect+ng sny option, lien, equity or
~~qh~ under or by virtue of this mortgage and the full amount of each end every such paymen+ shall be immediately due and payable and shsll besr interest
~rom rhe dete thereof until paid at rate of rme per cent~m per annum and t~ogepther .,rith tuth interess thall be sec~red by the lien of th's morgta9e.
~oc~ ~ ~~J~
.,....r