HomeMy WebLinkAbout1222 ~
~ , ~t ~t : ~
iHtS lNDENTURE. :,:_de tha-.--.__~Y`~ day of `7~e A.D. 19_6~.., between
~ 8i~~e.v_~~res~o~t ar~_lloroth~A~, Prescott. his wife
of __~,~-!usi~e Y County Floride, hereinafter dc~iynated a~ the "MORTGAGOR," and FIRST FEDERAI SAVING5 AN~ LOAN
ASSOCIRTI4N OF FpRT PIERCE, a corporatfon organized end existinA under rhe lawi of the United Stetos of Americe snd heving its principal place of
busu~:~ irt the City of Fort pi~+ce, St. lucie County, Florida, hereinaNtr designated a• the "MORTGAGEE."
WHEREAS tha MQRTGACaOR is justly indebred to the MORTGAGEE in the sum of S._._~~a ~d0a00 gopd and lawful money of the Unlted
$1+tei advar~ced by rhe MORFGAGEE ~nio the MORiGAGOR, as evidenced by a certa~n promissory note of even date he~ewhh, ef wh:ch the foilowing in
wada and figures is a true ccpy, to-wit:
~1.0,~00,.0o No 1~, 832
Fort Pierce, Floride, -______i_._~'~$ 19~
for vafve ~eceivtd, I, we cr either of us, promise to pay, wi;hout defaication, to the order of FlRST FEDERAL SAVINGS ANO tOAN ASSOCIATION OF
FGRT PIERCE at Fort Pierce, Florida, the sum of~ 5~_~~y~t~Q~.QQ._-~ with inteLreat from date at the rate of~o per annum, in monthly install-
. menis as fol!ows: b-_.-5.~.~,~~_Q_.._._ on the __~~Zti+iiy of _ J~1P iq_ o~ and a tike sum on the correspond!ng day of each month there-
afrer unrfl the whole be tully pafd.
Each ~nstal!ment first ;hall be appl~ed in oayment of the interest and then on the urpa~d balance of the prinrpal sum. If default is made in The
pa~~nent of any instai(ment when due, and such deiault cont~nues 30 days, then at the option of ~he holder, and withovt any other not~ce, aIl ihe remain~ng
~nsralimenrs shaii br d~e and payab',a at once. Priv~lege is given to prepay this note in whole or in part at any t~me without penalty. Neither fore'bearance,
nor acceptance by the holder tFereef after any default in any payments her~on, shall be d:erned extersion. A late payment charge of 5~~1, shall be
added to each instaliment remain~ng unpe~d 7 days after iti due date, end a like aum shall be added to each such instailment remaining uunpa~a 7 days aher
each sucreeding paymenr dare.
Each maker, swety and er.dors?r hereof, jointly ar.d severally, wa~ves demand, presentment protest and notice of protest for ~onpayment, and further
agrees to any extension of time of payment, either before or after maturity, wi;hout norce to any of us; and to pay all costs of coilection, includ:ng e
re~s~r.able attomey's fee in the evenr ef am~ dafault he'reundar, and hsreby sevefally waives all beneflt of homestead and exem~tion under the constitution
and laws ef each Srare of fhe Urited States, as against this ohl~gation or any extens~on or renewal hereof.
Witness the hand and seal of each party.
• S/ Ri31ey G. Frescott ~SE,a~~
_ aro y . reaco ($EAL)
(SEAI)
( 17 ~ ) Statr Revenue (5EAt)
;Stamp~ cancelled on original noteT ~O' ~OQ. o0
NOW, 7HEREfORE, the MOR,GAGOR for the purpose of securing payment of ~a1d sum of S end the performance of the
covenants and agreemenr~ hereinafter expressed, and for divers good and valuable consideralionY, by these presentt, dces grant, bargai~, aetl, rem:se,
re!ease, convey and confirm unto the MORTGAGEE, its succesaors and as~igns, all that certain lot, piete or parcei of land, situate, lying, and being in the
Courty of St~ L+uC2i8 , end State of Ftorida, destribed es follows:
The South 80 feet of the Nortrl 2~6 feet of Lot 14, oF the
Reyised Pla~ of Home Acres, Unit ~2, Revised, as per plat
therepf in Plat Book 7 at Page !~2 of the Public Records
of S~. Lucie County, Florida.>~
~S j
iM !'AYME'~l7 O~' 7AX~
~ /
NECC~I¢p s I~TA!lGIBLE PER50NAl PR4PERT'~~
pL?E ON G4A55'C'
~U}tSUANT TO CHAPTER 2Q724. ACTS OF 1941,
RC~G R PC11R^ , Cterk Circ>>t C.urt
ce AQ~^t f~r CLf - TIS PA. JArnsS
~ STA`1":E ~F F~ U ~-t ~ C~A st. ~~c ca?ri+r ra ou~+o: ~
c~ ~ dACUMEN~AQ" STAMP TAX ~,,(,i,~.~(~ •
J ~ _ ,n~+-3'65 ~;,~A,.~ = a~ n6PUT,r u.s,a~
~ = ~;,'~,,:t,°A I 5 4 5~
~ C4tKPi'ROLLEA ` -
~ CS. I 9D 13 B~~c ~.~;y~--_-~-~
together with ail and s~r.gular the trnemenb, heredi;aments and app~rtances thereunto belorging or in enywise appertaining theroto, and e(t rents, iswes,
proceeds and prof~ts a~ti~ir.g and to accrue from said premise:, a!I of which are in:luded in ihe above end foregoing dest~iption and habrndum,
i0 kAVE AND TO HOLD the above desoibed and grented prem;?ps unto the said MORTGAGEE, itt •uctessors and sssigna forevet. And the said
,~10RTGRGOR for ------~+Y18-~I-'-- haire: executors, administrarors and assigns, hereby covenant~ wifh the seid MORTGAGEE, its tuccessors and ssiiyns,
ihaf lawfully seited of the said premises in fee simple; that the same are free, ciear and distharged from ell liens and encum-
branc~ea in law cr in equity, and thar ~g.givill and t~'lAi~ heirs shall warrant ar,d defend tfie titie to the same to the uid
MORTGAGEE, its successors and assigns, fortver against the lawfuf ctaims and demands of eH persont;
PROVIDED, ALWAYS that if the MORTGAGCR shalt pay urfo the MOFTGAGEE thc p~omiisory note hercinbefore desc~ibed and shall truiy, promptly
ar.d Fu!ly perform, d!scharge, execute, compiete, c9mply with and abide by eacti• and every the ftipu~alipns, agreements, cqnditior,a and covenents o4 aaid
~romissory nute and of this Mortgage, then this Mortgege a~d th: Estate hereby treated shell tease and be null and void.
!T I$ UNDERSTOOD that the word "Martgagor" whether in tt~e sir.guiar or piurel ar.ywhere in this Mortgage, iha!! be singular if one only ent!
~hafl ba plural jointly and severally if more than one, and that the word "their" as uaed anywhere in Phis Mortga~ge ahall be taken to mean "his," "hers,"
or "its," wherever the contezt so imp!ie• o~ edmits. Also, that wherever there if a roference in the covenant~ and aqreements herrin contained to any of
the parties hereto, the same :hall ba construed to mean ai well as the he"u:, )s~al representetives, tucctssan and eisigns (either voluntary by act of the
parties or involuntary by operat~on of ~he law) of the same end that the covenanti herein contained shall bind and the benefita and adventages inure
to the respective heira, legal representatives, succetsors and ass~gns of the parties hereto.
And said Mortgagors, for themselves and their heirs, fegal re~rrsentatives, ~uctessors and assignf, hereby jointly and severally tovenant end agree
and wi!h the said MORiGAGEE, irs a~ccessors and a~signs:
1. To pay all end s~ngular the pricxipal and interest and the various and wndry tums of money payahle by virtue of said promissory nate, and this
mortgage, each and every, prpmpt!y an tha dey respectivety the same severaHy trecomb dur.
2. To pay etl and singular the +aaes, asses:ments, lev+eY, ++abiliriet, obl;gat;ons and mcumbnnce~ of every nature and kind now an said described
property, or that hereafter may be impoccd, •uffered, pleced, levied, or auesaed thereon, or ihat hereafter may be levied or asset~sed ~pon ihis Mony-
sge, or the indebtednes~ secure~ hereby, each and every, when due and payable, accordiny to faw, brfore they betome delinqvtnt, and before ~ny intarest
a!tzches or any penalty is inc~ared; AND INSOfAR AS ANY THEREOF IS OF RKORD ?HE SAME SHALL ~E VROMPTiY SAiISFIED AND DISCHARCaED OF
RECORD AND THE ORIGI~:AL OFFI~iAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFF(CIALLY EN60RSE0
OR CERTIF!ED) SHAtt BE PCACED iti THE HANDS OF SAID MOR7GRGEE WITHIN 7EN DAYS NfXT AF1ER ~AYMENT; and in rhe event that any thereof it no~
pa:d, sat sfied and discharged sa d MORTGAGEE may at any time pay the same or any part thereof withovt waiving or afftcting any option, leen, equity or
~~qht under or by virtue of rhis morrgage and the ful~ amount of each and every such peyment shail be immediatefy due artd payable and shall bear in>ereft
;rem the date rhereof vni,i pa'd a! raf. of n ne pe~ ce~t~~m Cr Rnnum and ~ogerher w;th fuch ~nterest shali be sec~red by the Iien of th's morgtage.
sc~J~~.~~ ~ ,~~j