HomeMy WebLinkAbout1549 I :Sf i:a~ ` ~C
THiS ItvDENTURE, Made the ~~1 th day of - A.D. 19~ between
_ Warre,.r~ E. Durham and Fr~n~~.a R Durham~_hi.9~i~,
of t. LuC ie _ Counry Florida, hereinsfter de~i9nbred a~ the "MORTGAGnR," nnd FIRST FEUERAI SAVINGS AND IOAN
1~
ASSOCIATION 4f FORT PIERCE, a corporat~on oryenized and •xittinq under the laws of iha United Stetos of Americe end having its principai place of
\ buii~asr in the City of Fort Pisrce, 5t. luci~ County, Florida, her~inah~r das?gnated as tht "M~RTGAGEE:'
~ WHEREAS the MOl2TGAGOR is justly indebred ro tM MORTGAGEE in the sum of S ~ ~d0 • QQ good and lawful money of the Un~ted
5rates edva~ced by the MORTGAGEE unto the MARTGAGOR, as ovidenced by a certa~n promissory note ef even date hercwith, oi wh~ch the fuliowing in
words and figures is a true :opy, to-wit:
OOO . I~0 C rJp lt"'' F-8~~.7L~
. Fort Pierc~, Floride, J~g--1.7 ~ ~9 c~~
For ~~alue received, I, we or either of us, promise ta npay, without defalcation, to the ordar of FIRST FEDERAL SAVINGS AND LOAtv ASSOtIATION OF
F02T FiERCE at Fort Pierce, Floride, the sum,o~f Sy, t--~~u - 00 wiih inrerest from date at the rote o~9o per annum, in monthly instell-
menn as fol!ows: S~- on the ~k~Sti~ dey of ~.~~gt 19 v~~ and a like sum on the carospunding !ay of each month there-
after until the whole be fully paid.
Each ~nsrallment first shall be applled in payment of the interoat and then on tne unpaid balance of the princ~pal sum. If default is made in the
peyrnent of any installment when d~e, and such default continues :~0 daye, then at the option of the holder, and without any other notice, all the remaining
~nsrallments shai~ be d~e and payable a: once. Pr;vilege is given to prepay this note in whole or in part at any time without penalty. Neither pfo~rabearance,
nor acceptante by the holder tfiereaf after any defau!t in any payments hereon, shall be deemed extension. A late payment charge of ~~~~L, shall be
added to each installment remaining unpaid 7 days after its due date, ar.d a like sum shall be added to each euch installment remaining unpaid ~ day~ after
each succeeding payment date.
Each maker, surety and endorser hereof, jointly ard severally, waivea demand, presentment protest and nutice of protest for nonpayment, and f~rther
agrees to any extension of time of payment, either before or after maturity, without notite to any of us; a~d to pay all costs of collection, includ~ng a
rea:onable atromey's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitufion
and laws of each State of the United 5tates, as against this otaligation or any extension or renev~•al hereof.
Witness the hand and seal of ea:h party.
1d 82?r n F 1]Lrh~m (SEA'1)
FrAn~aa R irh m (SEAI)
iSEAL)
(SEAIi
(_.,~(L5o ) State Revenue
(Stamps tantelled on original note) ~7
NOW, THEREFORE, the MORTGAGOR for tha purpose of securing payment af •aid sum of S 1• • QD end the performance of tha
covenants and egreemente hereinafter exprea~ed, and for divers good and valuable consideretion~, by these presents, dces grant, bargain, seli, remise,
reiease, convey and confirm unto the MORTGAGEE, its tuccessors and essigns, ell that certain lot, piete or percel of land, tituate, lying, and being in ihe
County of .S .L.i.IC' A end State of Floride, described es follow~:
The E~st 60 feet of the Weat 710 feet af Lot tt, MARAVILLA GARDENS, IINIT #l,
as per pla~ thereof on gile in Plat Book 6, page 55, of the public records
of St. Lucie County, Florida, ~i ~
~ ~~J
qECEIYED ; IN tAYMENT OF" TAXES
~ pUE ON CLASS'G' INtAlIGtBtE PER50NAL PROPERTY.
W' z; ~ ~,t PURSUANT TO CHAPT~R 20724, ACTS OF 5941,
'U~f - ~
~x ` ` ROG"R FOI7R=•.~~ Clerk Circuit Court
or ~r
~ a = JI~11SiS - ds AgeRt for CURTIS . 1AMES
U = !G ~ ~ J Sf. Luc' County'tax llector
N CO1~TI~OILER
Qa.11013i
ar ~ ~apurtt c~.E~c
together with all and singular the tenements, hered~taments and appurtan<es tfiereunta beianginy ot in •nywise eppersaining tl+ereto, and ~61 renn, issuei,
p.oceeds and prafits accruing and to accrue from said premiies, all of which are included in the ebove snd foregoing description and hs~sendum.
Tq NAVE AND TO HOLD the above tlescrib~d and granted premises unto thtr said MORTGAGEE, it~ succeasc+rs and alsigns forever. And fhe ~aid
N~ORTGAGOR for heirs, exe<utors, administretor: and asaigns, hereby covenants with the iaid MORTGAGEE, its sutcessors and as~igns,
fhat --t?}3~-~--$~E-- ~awfully ieiaed ef tfie said premi~as in fee simple; thst the same are frse, cleer and di~charged from all lien~ end a~turtr
brances in law or in equity, and that~~_ will and t~: ir heirs shall warrent a~d defend the title to the tame to the said
MORTGAGEE, it~ successors an~ essigni, forever egainst the lawful cfeimt end demanda of all persons;
PROVIDED, AlWAYS that if the MdRTGAGOtt ihall pay untc the MORTGAGEE the promitsory note hrreinbefare describtd and shall truly, p:ampt!y
! and fu~ly perform, discharge, execute, complete, comply with and abide by each and every the ~tipulations, agreementi, conditions and ~ovenants of said
promissory note and of this FAortgage, ther thit hlortgege and the Estnte hereby created shall caa~e and be nuli and void.
IT IS UNDERSTOOD that the ward "Mortgayw" whether in the s~ngular or plvral anywhere i~ this Mortgagr, shall be sinq~iar if one only and
shai) be piural jointly and severally if more tF.a~ one, and that the word "their" a• used snywhere in this Mortgsge shsll be takan ?o mean "his," "hen,"
or "its," wherever the context so implies or sdmits, Also, tha! wherever there ie a reftre~ce in the covenanti end agreamenri herein tonteined to any of
the parties hereto, the same •hall be cortstrued to mesn ae well •t ihe hein, legal rtprnentativee, iucce:ias and astiynf (either voluntsry by act of the
parties or invaluntaty by operatio~ of 1he !aw) of the same and that the tovenants hersin contained shsll bind and the benafits snd adv~ntsyes inurs
to the reipective heirs, Iegel representetives, succsssors and s~~~gns of the psrties hereto.
And said Mortgage~s, for themseives and their heirt, leqal repreuntatives, succeswrs a~d assiynt, hereby jointiy and sevsrally covenant and agree
to and with the said MORTGAGEE, its suttessors and assigns:
1. 7o pay all end sinyular the princiFel a~d interest and the various end ~undry •ums of money payable by virtue of said promi~sory note, •nd this
mortgage, each and every, promptly on the dey~ respectively th~ seme sev~rally becom~ d~e.
2. To pay ~II and •~ngular the taxes, assessments, levies, liabilitiet, obliyations and encumbnnces of every nature end kind now on ~a~d de~uibad
property, or that hereaftar may be Empoted, auffered, pl~ted, lavied, ar a~seued thereots, w that here~fter msy be levie+! w sasessed upon this Morty-
age, or the indebtedness secueed hereby, e~ch and every, when clue ~nd pay+blr, sccwdinq to I~w, befor~ they became dalinquent, and before ~ny int~rest
attaches or any penalty is incurred; AND IN50PAR AS ANY THEREOf IS 4F RECQRD THE SAME SHAII BE PROMPTLY SASISFIEP AND DISCHARGEO Of
RECORD AND THE ORIGI?JAL OfFICIAL DOCUMEIVT (SUCH ft5, FOR INSTANCE, TliE TAX RECEIPT OR TFiE SA?IS~ACTION PAPER OFfICIALIY ENDORSED
OR CERTIf1ED) 57iALL 6E PLACED IN THE HANDS OF SAID MORTGAGEE WITkIN TEN DAYS NEXT AFTFR PAYMENT; a~d in the event tnat any thereof is not
paid, sat'sfied and discharged sa;d MORTGAGEE mny at any fime pay the oame or a~y part thereof wirhout weiving or sffe<ting any option, Iien, equity or
~iqht under or by vi~tue of this mb.tgage and the full amr~~nt of eath and every such payrteent shsll be 9mmediately due and payable and shali bear i~teretr
irom the date thereof until pa~d at rate of nine per cantum per ennum and toqMFer w~th wch interest shell bw securad by the lien nf th:~ morgisqe.
ga~K ~.~0 347.