HomeMy WebLinkAbout1861 ays~ e r
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iH15 INDENiURE. Made 1M 1~ d~y cf ~~0 A.D. 19 6! . bctween
I M. Waters and ~iar Elizabeth !daters, his wife
af ~~~int Lucie ~punry Fiwid~. Mf~iMftN d~siqnsted the "MORTGAGOR," and FIRST FEDERAL Sr1VING5 ANO IOAN
ASSOC~ATION OF FORT ~IERCE, • corpwaNon o?p~niz~d ar+d ~zirtiny i+ndar fhe I+vrs of t1+e United S~at~s of America and heving iri p~incipal place of
busiMts in 1,M ~ty oE Fort Pieres, St. Lucie County, Florida, M?~irNh~r d~siynated as 1M "MORTGAGEE:'
WFlEREAS tM MORTGAGOR is j~~tly ind~bt~d to the MOR?GAf3EE in the sum of s~~.J 800 r yood and I~wful money of rhe United
States advanced by ths MORTGAGEE unto the MORtGAGOR, as evideAced by a cartain promiuwy note of even date herewith, of wh:ch the following in
=o~sla~O~.~s a true copy. to-wit: ~ 12,873
~4 C)
Fort Pi~rct. Florida, +1~A 19~
For val~e receired, I, we or either of w, promise to pay, without defalcation, to tha order of FIRST FEDERAL SAVINGS AND LOAN ASSOC~ATtON OF
; FdRT i~IERCE a~ fwt Pierca, Florida, the sum of i y~~U-~Qa with intLere~tt from date at tFue rote of ~°ro per ennum, ~n monthly install-
ments aa follows: f~---4u-a~~ on th•~-~th day of All,~11S t---, 1952~ and a lik~ sum on the carrosponding day of each month thero-
efter until the whole be fully p~id.
~ Each instaliment fint ihall be applied in peyment of the intereet and then on the unpa~d balance of the printipal sum. If clefault is made in the
payment of any installment when due, and such defeult tontinues 30 daya, then at tho option of the holder, and without any other notice, all the remaining
installments shal! be due end payabie at once. Privilege ia given to prepay thii note in whole or in part at any time without penalty. Ne~theIr, fo.*ebeerance,
nor acceptance by the holder thereof atter any default in any payments hereon, shall be deemed extensian. A late peyment charge of =~.3~4.._., shall be
added to each i~srallment ramaining unpa~d 7 days aftsr i4y dw date, and a like wm ahall be added tn eath such Enstallment rema+ning unpeid 7 days efter
ea<h tucceedir.g payment date.
Each maker, surety and endorser hareuf, jointly and ieverally, waivea demand, presentment protest and notice of proteat for ~onpayment, end furtfier
agraes to any extension of time of aayment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~nq a
reasonable attorney's fee in the event of any defeult hereunder, and hereby severally weives ell benefit of homestead and azemption under the constitution
and laws of each Sfate of the United 5tates, as agei~nt this obligation w eny e:teroion or renewal hereof.
~ Witness the hand and seal of each party.
s I M Waters ~s~AW
~ s MarY E'lizaheth Waters__ =SEAu
(SEAI) .
(SEAI)
~ r4 20 1 5tate Revanue
(Stamps c~ncelled on origin~l note) . 1.
NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~ymrnt of said sum of S 4 e 80~ ~~G and the performence of the
covenants and agreements hereinafter expressrd, snd for divers yood and vsluable consideration~, by tMse pra:ents, does grsnt, barqain, seil, remise,
~ releaie, convey and canfirm unto the MOR7GAGEE, its tuccessors end assi9ns, sll that certein tot, piece or pertei of land, fituatt, (ying, and 4einq in the
County of Saint ~.,UC~A . end 5tate of Florida, aisacribsd es followx:
~ -
Lot 10~ Blork 3, FRANKLIN PARK ADDITIGN, a~ -~er rl.at thereof recorded in
?1at Rook 6f na¢A 56, ~?ubli~ rPcords df Saint Lucie Countv, rlorida:
~ O
?
~N ~AYNlEN7OOPER~ ' - _
s INTAliGIBtE PERc~~F i~A1. S~T~?~l t~~ f-~ 1 DA ~
~ ~ CLA~~CHApYER 20724. A.. - - ~ ~ ~UA4EhkTAp" TAMP T,AX
~~lt7 TO ~ Clerk Circv'! urt ~
~G~ pOitRA= ~ 5 J!a", ~ ~ ~ ,RMlti 6S _
e~t {'Of CU ~ ~ ~ N v = ~ ~ ~
os A9 .~y jax Co~t~tvr COMPTP.OILER
~J1. ~ 1901::8
~ L~"" ' pEPUTY
CL~
~
togeth~r with al) and singutar the tenements, hereditamenri and •ppurtancea thereunto b~lwqiny or in anywix appertaining tlareto, ind •!I r~nt~, iuues,
proseed~ and profib accruing end to acerue from r~sid premises, all of which ere included in tbe abow and foreqoinp description snd h~baeidum.
TO HAVE AND TO HOID the above desaibed and gtanted p?emiies unto tM ~aid MORTGAGE~, its s~cteuws qnd ~saiflru forows. And th~ wid
M4RTG~AG,~O~R fot thetr_ QXKUTpfi, administratori ant~ assigns, hereby covansnts with the tsid MORTGAGEE, itt tu~swrs and assiqm,
that -+~++~~+d--~'-~--- lawfully seixed o4 the seid premitas ~i,n feqe ~timple; that tM srm~ ar~ free, c0+~r •rrd discharped from all liens and sntvere-
brences in law w in equity, and th~t ~hey will and -~?L~~ hein thall wsrrant snd defend the titk to the sams to ih~ wid
MORTGAGEE, its successors and assi~ns, fwever ag~inst th~ lewful claims end dem~ndi of all perso^s;
PROVIDED, ALWAYS that if the Al10RTGAC+OR shali pay unec the MORYGAGEE the promiswry noee hereinbafore datcribed and shall ttuly, pranptly
and fully perform, diuharg~, executo, tomplete, comply with end sbide by each •nd every tM ttipulstions, sSlreemeMS, cortditio~s and covenant? of ieid
promissory nota and of this Monflsge, then this Mottgaye snd tM Esra!e hereby cr~ated oh~ll csats and be nvll ind void.
IT IS UNdERSTOOD thet tfie word "Mortysya" v~hether in the singulsr or plural onywkere in this Mutqage, thal! b~ :inpu{ar if on~ only •nd
ahall be plurat joi~tiy ~nd ~tverally if mwa thar. or~, and tMt ths wwd "their" s~ utitd anywhrr~ in thu Manpay~ ahali b~ taktn to m~an "his," '"h~n,"
w"it~;' wherever the contsxt sa implies or admits. Alw, that wherever there is ~ rsfsrente in 1M coven~nri ~nd agr~ernanri her~in contsirNd to ~ny of
the parties hereto, the same thal~ be construed to rr~+n well u tf?~ hein, Ip~l npresentatives, succes:on arxl usiyru (sither voluntaty by sct of tM
partits w involuntary by oper~tion of tM l~w) of the same and thst the covenanri hsrei~ contain~d ih~:ll birv~+ snd the benefib snd ad~rant~y~t inure
to the rapsctiv~ hein, leysl represantativea, ruccesYOn and ass~qns of th~t patti~s h~reto.
And iaid Mortgagor~, fa themselves and their heirs, Ie~al repeesentativet, successas artd aati~rrs, hareby jointly and teverally soven:nt and ayrse
to snd with rhe said MORTGAGEE, 1ti succeswrs and suiqne:
1. To pay al! ~nd tinyular tfie prirxipal srid intsreit ~nd the var'wus ~nd sundry surm of mOnty psysbk by virtue of wid promisswy note, and thii
mortgage, ssch and avery, promptly on the d+ys nspeetiveiy tlse ~areee srwrally becoer+~ dw.
2. To pay •I) •nd sinp~lar the taxss, asstumsnta, levies, liabititiss, obliyat'wm and sncumbnnces of wery natur~ and kind raw o~ said desnibed
praperty, a that h~reefte~ may b~ impoted, suffwed, placsd, Iwi~d, w e~ees~~d tMr~on, a that hereaftsr m~y b~ ievted or s~sess~d upon t~3s Mw1g-
•qs, or tM fndebtadnsss ~rc~red hersby. +e+d+ snd evay, wMn dw a~d peYabl~, accwdinp ro law, b~for~ tF~y t»corr~ detinquent, ~nd bsfon my ir~t~nst _
attache~ or any penalty is incurred; AND INSOPAR AS ANY TMEREOF IS OF RKORD YME SAME SHAII 6E nROMPTLY SAYISFIED AND DlSCHARGED OF -
RECORO AND THE ORIGINAL OFFICIAI D9CUMENT (SUCH~~AS, ~ INSTANCE, THE TAX RECEIPT OR THf SAT~SFACtION PAPER OFfICIAIlY ENOORSED
OR CERTIFiED) SMAII BE PLACED !N THE MANOS OF SAID MORTGAGEE WITHtN TEN DAYS NEXT AFTER PRYMENT; and in tha event thsl arsy thereof i~ no~
paid, sat'sfied and diuharqed sa:d MORTGAGEE m~y at sny time pay the s~ or ~ny p~rt t4*ereof without ws~vinp or ef4ectiny ~ny option, lie», equity or
.iqht under or by virtue of this mortgaye and the fu11 amount of each and every ~uch payme~ shal! be immedutely due and paysbk ~nd ihsll bsa? int~res+ ,
'rom the date thereo# until paid at rate of nlne per centum per annum srr twe ar th suth inlertt~tWl be secured by the lien of th's morgtige.
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