HomeMy WebLinkAbout1118 ~ ~iLk ~.f ~
M 7H15 ~NDENTURE, Mede ihe l~~ day nf Jl1Ile AD. 19 v~ between
E l~es1e~ ~~g}~1,ev ~ d Palma Fs Oakley,~ hi.s uife- _
I _
~ of _.~.~il'It ~uC-~-~-, County Florids, hereinafier desgnated a~ the "MORTGAGOR," and FtRST fEDERAI SAVINGS AND LOAN
4 ASSOCIATION OF FORT PIERCE, a corporation organized and existi~g under the lews of the Unfted Stetas of Amer~ce and having iri principei plate of
' bus~ness in tha City of Fort Pierca, St. Lucie Counry, Florida, hareinafter de~iq~eted a• the[~ O TGAGEE."
WHEREr15 tM MORTGAGOR i~ justly indebted to tho MORTGAGEE in the wm of S-~~~~ good and la~vfiu! money of the Unlted
Stetes advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiswry nore of even date here~r•ith, of wh;ch tha following in
~ wor~'apc~fjg:rypOs a trve copy, to-wit: Z?'81~
f b V ~J No
~ Fort Pierce, Floride, ~Un~ ~ ~19 ~
For value rrceivzd, 1, we or either uf us, prom~se toL pay, w~thou! defalcation, to the orde~ of FIRST FEDERAI tSAVIl~ ~G+S ANp LOAN ASSOCtATION UE
FORT PIERCE at Purt Pierce, Florida, the sum ,ofCay-,~.,~.~.~7-vv+~-- w~th inteLre~st from date at the rate ofo~?7'o pe~ annum, in monthly install-
menrs as foI!ows: S.~~Q-- on the _S~~~daY of !~`-il~ , 19-5~ and a like sum on the correspond~ng day of each month there-
afrer ~ntil the whota be f~lly pa~d.
Each instal!ment first shall be appl~ed in payment of the interest and then on the unpald balance of the prlnc pal sum. If defa~lt is made in the
paymznt of any imtal~menr when d~e, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining
insta!imems shail be doe and payable at once. Privilege is given to prcpay this note in whola or in part at any time withcut penalty. Neither forebearence,
nor acteptance by the ho?der fhereof after any defa~lt ir, any paymenti hereon, shall be deemed extension. A iate payment <harge of b-G-~. shall be
added to each inatallment remaining unpaid 7 days after its d~e date, and a ~ike sum shall be added to each such installment remaining ~npaid 7 day after
each s~cceeding payment date.
Each maker, wrety and endorser hereof: jointly and severolly, waives demand, presantment protrst ar.d notice of protest for nonpayment, and f~~ther
agrees to any extension of t;me of payment, either before or after maturiiy, without natice to any of ~s; and to pay al! costs of collzct~o~, includ~ng ~
reasonable attomey's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the con~titution
and !a~ns of each Srate of tha United States, as against tt~is obligatiort or any exrension or renewal hereof.
Witness the hand and seal of each party.
s wesiev n, o~_kle~__ ~SE,,u
g Palma F. Oaklep (SEAL)
(5EA! )
tSEAI?
( 8 ~ ) State Revenue
(Stampa centelled on original note)
NOW, THEREFORE, the MORTGA~OR for the purpose af eecuring payment of ~aid sum of S r''
-~._..--Qn
~ QQ and the performance of the
covenants and agreeme~ts hereinafter expressed, and for divers good and valueble c~neiderations, by these preaentn, dces grant, bargain, sell, rem~se,
re!ease, tonvey and conf;rm unto the MORTGAGEE, its succeasors and a?signs, all that tertein lot, piece or perce! of iand, situate, lying, and being in the
County of S~ilTlt LL1C~A _ and 5tate of Floride, described as follows:
T:ot 7, R7.ock "N'~ of ~tARi~iUNti H~'IGHT~ : Uf3DIVISION, as r.er nlat ther~of on
le in Ulat Rook 8, :,a~yP 2Lt, of the nubl ac recorcis ~f ~t. ~.ucie Cotintq~
Flarida,
RECEIYED ~N phYMENT OFTRXE$
DUEON ~~A5S'C' INTA~iGIB~E PER~ONAL PROPERi"Y,
°U.=r~U .NT t0 CHAPiEH 2G724. A~'TS C: 1941,
' °•LG ' ~ ~ ~ ~ CI. rk Circv;t
W S ~A~ ~ C:urt
as ~~-rn f r -U 'iS M. JA.'A~$
~ ~ DDCUMENTAo" STAMP TAX -
, ~ ~ _ _,~w - :,t. Lu_i~ unty iax ctor
_.~-~65 2;~.~~ a 4 0~ gY P
N CQMPTROLLER ~
~tj.190138 ~~y~. OEPUTY CLERK
togettier with a11 and singu!ar the ter.ements, her?d:laments end appurtances thereunto belenging or in anywise appertaining thereto, and aH re~ts, i3suea,
proceeds and prof~ts accruing and tu accrue from sald premises, all of which sre included in the sbova and foregoing deacription and habendum.
TO HAVE AND TO HOlO the above descriEed and gra~ted premisei unto the said MORT.riAGEE, its •ucceswrs en~ stsigns forever, And the said
MdRTGAGOR for heirs, executors, adminiatrators and as~igns, hereby covenants with the ~aid MORTGAGEE, its •uccessors and sisigna,
rhat lawfully seized of the said premises in fee simple; that the tartre ara free, clear and discharged from eli liens end encvm-
brances in law or in equity, and that t~~~ wiil a~d ~h~-~.Z' heir• shall warrant and defend the title to the seme to the xaid
MORTGAGEE, irs sutcessers and assigns, forever againat tF.e lewful claims and demandt of e!I persons;
PROVl~'ED, AIWAYS that if the MOR7Gp.GOR shal! pay un;o the MORTGAGEE the promis~ory note hareinbefore deuribed and shall tru?y, promptly
ar:d fu11y perform, discharge, exetute, complete, comply with and abide by each and every the stipulationa, agreemen!s, tondit+ont and covenants of saisi
promissory n~1e and of this Mortgage, then this Mortgage and the Estate hereby created tihall ~eaw and be null a,id void.
It IS UNDERSTOOD that the word "Mortgegor" whether in the singufar ar pluret anywhere in this Mortguge, shall be singular if one on~y and
ah~ll be plural jointly and severally if more tnen one, ar.d that the word "their" a~ used enywhere in thi• Martgaga shall be taken ta meah "his," "hen,"
or "its," wherever the context io imp~ies ar admits. l~iso, that wherever thera is a reftrence in the covenants end agreementa herein contained to any of
rhe partiei hereto, the ~ame •hall be construed ;o menn as well a• the heira, iegal repreaentatives, successon and assigrs (either voluntary by act of the
parties or involvntary by opera!ion of the law) af the same end that the covenants herein conta~ned shall bind and the benefits and advantagee inure
ro the respc:tive Meiri, fegal representative~, waesaors and atrgns of the perties heroto.
And zaid Mortgegors, fa+ themselves and their heirs, fegai reprexentativas, suttessor~ and atiignt, hereby jointly and ?everally covenant end agree
w and with the taid MORTGAGEE. it~ suttetso:s and a:s+gr.s:
1. Ta pay ait end s~nquler the principal and intereat and thr varfous and sundry •ums of money payable by virtue of iaid promissory note, and th~a
rnorfgaga each and every, promptly cn the days respectively tne same several~y become due.
2. To pe~; sll and ~ingular the taxes, astessments, levies, liabilitict, obliqation~ and en~umbrsncef of every nature and kind now on said dacribed
property, or that hcreafter may be ?mpotcd, suffere~, plated, ~cvied, or sssessed thereon, w that hereafter mey b~ levied or aasessed upon thit Mort9-
age, or the indebtedneas iecured herrby, ea<h and evety, when dur and payable, acco~dinq to lsw, befora they betorne delinq~e~t, en~d beiore sny interes~
artaches or any penalty ~s incur~ed; AND INSOFPR AS ANY THEREOF i5 OF RECORD THE SAMf SNAlI BE PROMPTLY SA'f15FIE0 A~iD DIS~CHARGED OF
.^.cCORD AND TFiE ORIGiNkI OFFICfAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RE~'EIPT OR THE 5A715FAC?ION PAPER OfFIGAILY ENDORSED
OR CER7IFIED) SHRLL BE PiACED !N THE HANDS OF SAID MORTGAGEE WI7HIN TEN ~AYS N'eXT AfTER PAYMENT; and in the event that any thereof is no+
paid, sar sfied and discharged sa d NORTGAGEE may at any time pay !he same or sny part thereof without weiving or affecting any option, lien, equity ar
.+qhr ~nder c~ by vir.ue of this mor!gage and the f;,ll amou~r of each an~ every such payment shsfl be immedietely due and payable and shall bear irteros+
~ •h~ datc rhereo! until paid a~ .are of n ne pe~ cemum per a~num a~d rogether •r`~th svch in+e~esr ~htilo~ stc~e~b~ the ~ien~j~morgtage-
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