HomeMy WebLinkAbout1116
~
u ~1
1 :~E z~?'~j
THIS !N9rNTURt, Made ihe_ ~n da ot MR~ A.D. 19~, betwecn
Ravmond C._ KinR and ~leanor H. Kin}~, his Wife _
of ~i11se,_.~sds~_--- C~unty Florida, hereinafter des~9nated as ths "MORTGAGOR," and fiR5T FEDERAt SAVINGS AND LOAN
ASSUCIATIaN OF FURT PIERCE, a corporotion organized and ex~stiny under the lev.n of ihe United Statos of America and having its principal plece of
business in rhe City of Fort P~erce, St. Lucie County, florid~, hereinafter designated a~ th• "MOR~TG~AGfE."
WHEREAS th• MORTGAGOR is justiry indebted to the MORTGAGEE in the wm of S.-~i-.'~vv~0~ good and lawful money of the Un(~rd
Srare. advan~ed by tha MOKfGAGEE unro the MORTGAGOR, as ev;denced by a certain promi:sory nate of even date herewith, of wh;ch the lullowing ui
hor~s and figures is a true cop~, to-wir.
s. ~,5~~.fl0 p No ~2 SO
Fort Pierce, Florida, Maj~ L~V •
,cr .•at~e received, we ar either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LC~AN AS50GIATION OF
f;?RT FIERCE .~t Fort PiercP, Florida, the sum of S--u~-.~~~•~~7~' with in!eLra~st from dete at the rate ofG2.sL7'o per annum, in mor.~hly instali-
n~~ros as fotlows: S__ 6 on th~~~ day of _-x 19__S~Z~ and a like sum on the corresponding day of each month there-
aft~~r umil rhe whole be fu~iy paid.
Each installmem first shall be applied in payment of the interest and then on the unpaid balence of the principal sum. If default is made in the
F,:n,mt of any installment when due, and such default continues 30 days, then at the option of the holder, and w~thout any o?her notice, all fhe remain~ng
'.:~ral!ments shall be due ard payabie at once. Privilege is given to prepay this ncte in whole or in pa~t at any time without penalry. Neith forebearan:e,
nor acceptance by the holder thereof after any r3efault in any payments hereon, shall be daemed extension. A late payment charge of 5~ shall be
.~dded to each instalimenr remaining unpa~d 7 days after its due date, and a like sum shail be added to each such inarallment remaining unpaid 7 days after
each succeeding payment date.
Each maker, s~rety and endorser hereaf, jointly ar.d severally, waives dcmand, presentment protest and notice of protes~ for nonpayment, and further
agrees ro any extension of time of payment, either before or after maturity, without notice to any of us; and to pay aft costs af coliection, includ:ng a
reasonabie arrorney's fee in the evem ef any d~fau!t hereunder, and hereby severally waives all benefif of homestead and exemption under the constitution
and laws of each S~ate of the United States, as againat this obligation or any extension or ser.ewal he~ruf.
Wirness the hand and seal of each party.
~ Ravmord (SEAL)
s/
E~e anor N. Ki ru~ cseAu
{~FAI)
(SEAL)
( 9~ 7 7_- ) 5tete Revenue
(Sramp~ canceiled on original no~e) ~ ~QO o0
NOW, THEREFORE, the MORTGAGOR for thc purpose of sec~ring payment of said aum of S i • , end ihe per6armence of the
covenents a~d agreements hereinafter expressed, and for diver~ good end valuable cor.aiderations, by these presents, dces grant, baryain, sell, remfse,
reiease, convey and confirm unfo the MORTGAGEE, its successors and s~s+grs, alt that certain lot, piece or percel nf lend, situate, lying, and being in the
County of ~~i rit i'fl~'-i e_ - and State of Florida, dattribed es fo~lowa:
L:ats 13 and 1l~, ~lack 7, of SUNLANU GARDENS SU~3DTVISIUid, as per r~lst
thereof recorded in Plat Book 8, oaKe 32, of the public recorris of
Saint Lucie County, ~~larida,~
c`ir
~N ~?~rMENt afi~~xa~
q@CEIVEO i~ 1NTAKGIBI~ PERSONAI NRO~LRT'r~
_ ~ DUE ON CU?55 C
W 1- ~ 0 1"~ ~ U/y PURSU^?'~~?^ j~NAPCiRrk Ci c At rs%O~f1441.
~ H'` C RG~7 r. r^
, DOCUMENTAt?w - STAMP TI~tX as ~,.~~nt fvr ~U ?IS M. 1P.?~{`~
~ _.JUM-T65~` St. lucie Coun ox Co11 tor
:
_ ~r= _975=
cn u COMPTRGLLER`~~:.~. s ~ ptPUTY CI..EfiK
P~}.19013Q oa'~~+' ~ ~~f
togethc- w~th all ana singular the tenements, hereditamenta and appurtances thereunto belongirg or in anywise appertaininQ thereto, and all rents, issuea,
proceeds and prafits accruing and to accr;;e frorr said premises, all of which are included in the above and foregoing description end habendum.
TO HAVE AN~ TO HOLD the abovc described and granted premises unto the maid MOkTGAGEE, its suttessors and assigns forever. And the ~eid
MORTGAGOR for heirs, executors, administraton and assign:, hereby tovenent~ wi?h fhe said MORTGAGEE, its sutce~sors and astigns,
+ha~ - t~~~--~~- lawfuily seized of the sa~d premises in fee simple; that the •eme are free, clear and discharged from all liens and encum-
brances in law or in equity, and that thev will and th8 iY' heirt sha11 warrant and defend the title tn the same to thr said
MORTGAGEc'. its successors and assigns, forever againsr the Iawful claims and demanda of all perions;
PROVIDED, AL~VAYS Ihat if !F:e MOitTGAGOR shall pay vnro the MO3tTGAGEE the promisiory note herein~efore dexcribed and shell tru~y, promptfy
and ful!y perform, distharge, execute, complete, comply with and abide by each and every the stipvlat:cna, agreemenis, conditiona end covenants of said
uremissory note and of this Mortgage, then this Murtgage and the Estate hereby treated ~hall cease and be null and void.
iT IS UNDERSTOOD thet the word "Mortgager" whether in the singular or plutel enywhere in ihis Mortgege, shall be singular if one only end
shall he plure! joiNly and severally if more than one, and that the word "their" as utcd enywhere in thi~ Mortgage shall be taken to mean "his," "hers,"
or "its," wherever the context so implies ar admita. Alw, that wherever there ii a reference in the tovenants arsd agreements herein containrd to eny of
rhe pa.iies hereto, the same shafl be construed to meen as well as the heirs, legal representatives, •uccesiort and assignt (aither voluntary by ect of the
perties or involunta:y by operation of the ~aw) of the same and that the covenantt herein tontnined shall bind a~nd the ben~efit~ and advantage? inure
~o the respective heirs, legal representatives, successors and ass~gns ef the parties hereto.
And said Mortgagori, for themaelves and their heirt, legal representatives, wccesicrs and a~signi, hereby jointly and severally covenant and agree
ro and with the said MOR7GAGEE, its successors and assigns:
1. To pay ell and singular the principal and interest and t'r~e various and sundry sumt of money pa•~able by virtue ot sa+d promisxory note, and rh~y
mortyage, eech end erery, pramptly on the day raspectively the tame ~everelly become due.
2. 7o pay all and ~ingular the taxes, ae~essments, leviea, liabilities, obligatio~s and encumbrancet of every neture and kind now on said described
proqerty, or that hercafter may be imposed, s~ffered, plated, levied, or auesaed thercon, or that hereafter may be levied or asieued upon this Mortg•
ege, or the indebtedneis sec~red hereby, each and every, wfien due and peyable, eccording to I~w, befae they become delinquent, end beforo sny intere~t
artzches or any penelty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED OF
RECORD AND THE ORIG!NAl OFFICIAL DOCUMENT (SUCH A5, FOR IN57ANGE, THE TAX RECEIPT OR iHE SATISFAtTION PAPER OFFICIA~IY ENDORSED
CR CERTIFIE'J) SHALL 8E PLACEb IN iHE HANDS OF SAiD MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thersof is no~
caid, sat sfied and discharged sa'd MORTGAGEE may at any time pay the same or eny part thereof withouf weiving or affe[~~ng any ~ption, lien, equity or
•~qht ~nder or by vi-t~a of this mortgage and tne f~ll amount of each and every such paymem sha~l be immediately d~e and aayable ans! shall bear infer.~s~
~.om rhe da!e ~hereof ~ntil oaid at rate of nir,~ pe~ cen+vm pe~ annum an~ toqe~he~ w~th such inte~est 7hal( br secured by the !ien of th's morqtage.
guoK 1 i~