HomeMy WebLinkAbout2123 , _f ~t,::~t 1~~
TNI INOENT RE, Nta th.~ 2~ da of JL~g A.D. 14 betw+en
.~ohrg F~] ts and Carr~e H. Ellis~ his x; fe
of Saint L,uci~ County Flwida, l+Ktinah~t dw~~ated as tM "MORTGAGOR," and fIRST fEDERAI SAVINGS AND tOAN
ASSOCIATION Of FORT PIERCE, • mrporation wpanis~d ~nd ~zistiny undn tf+~ lews of tM United Stat~a of Am~riu and Mvlrg iPs principal pi~u of
~ in ti~.e City a! Fat Pi~ra, St. lvci~ Cour?ty. FkrrWa. Mr~{nah~r designst~d as tM "M4RTGAGEE.,,
WFIEREI~S tf?~ MOR*GAGO(t is jvatty i~bt~d ro 1M MORTGAGEE in th~ wm of ~ ~~50~QQ . yood and lawtvi money of the United
St4~af ~dvanced 6y iF+~ MORTGAGEE unto the MORTGAGOR, es evidenced by a ctrtain promiuory note of even date herewith, of wh~ch the followiny In
wor{d's fiquraa h~ trw topY, fo-wif: p
~ 4~~~~l~0 _ ~ ~.L7~178~.
Fort F'iorc~. Fiwida. a1UI1@ 2~1~ ---19~L
Fw vatv~ rscaived, I, we or either of us, promiu ro pay, without defaltetion, to the order of FIRST fEDERAI SAVIkGS ANO LOAN ASSOCIATION Of
FOFtT PlERCE at Fort Pierce, Florida, the sum of E ~$Z+~~ with int~ere~+st from date at tM rate o~~J6 per ~nnum, in monthly initell-
ments at followu f
1i~ on th~ ~th day of ~$~.~t , 195~ and a Uke sum on the corresponding day of rach month them-
after until the whole be fully paid.
Each i~stallme~t first xhsll be app~ied in peyment of the interett and thnn on the unpaid belance of the principal sum. If default ia made in ihe
payment of any installmant when due, anei such default continues 30 days, then at the option of the holdar, and without eny other notice, all the remaining
insrallmenta shall be due sn~i payable at onte. Privi~efle is yiven to prepay this note in whol~ or in part at any time without penalty. Neither forebearance,
nor acceptanta by the holder thereof after any default in ~ny paymenis herean, shell be deemed extension. A late paymnnt cherge of shall be
added to each installment remaining vnpaid 7 days afi~r ib.due date, and a like sum ~hall be added to each iuch inatallment remaining unpaid 7 days after
each sucteeding payment date.
F.ach maker, surefy and andorser txreof, jointly and :everally, waives demand, prese~tment protes: ar.d notite of protest for nonpayment, end further
agrees to any extension oT time of payment, either before or after maturity, without notica to any of ~s; and to pay all casta of coflection, includ~ng e
reasonable etiorwey's fee in the event of any defa~lt hereunder, and he~eby severally waives all be~efit o{ homestead and exemption under the constitution
and laws of rach State of the Unired States, as against this obiigatio~ or any exten:ion or renewal htreaf.
Witneas the hand and seal of each party.
s John D El 1 i~ (SEA~
s Carrie H. L'lli~ (SEAL)
(5EAl)
r ? . 3 ~a cs~n~~
~ State Revenue
{Stampt cancclled on aiginal nota) ~
NOW, THEREFORE, ihs MORTvAGOR fr, the purpose of securing payment of iaid sum of S~~~~~ ~~0 , and the parformance of ths
covenants arx! aqreements herainafter expresied, and for divers ycrod and valuebls toniider~tionf, by these preser+ri, does prant, barqain, sell, remi~e,
releese, convey and confirm unto ihe MORTGAGEE, iri tutceswri and assiyns, e~l that cartai~ lot, pi~te ar partel of land, situate, lyirg, or~d being in the
Cwnty of Ss~? n~ t,tin~_R , end State of florida, dewibsd ~s follovrs:
Lofis 7 and 8, Blaek 1, LINCOLN PARK #2, as per pla~ th~reof recorded in
Plat Book 3, ~a~e l~., publi~ recorci~ of Saint Luci~ Coun~,y, Florida~ t/
,:~c oF ~ ~~Y'~ • ~
~O \H RSG R~ +11~p~
/ .~p~~~gZA pG~50F,~
~~CE~VE~ i G~~ ~ R 2~
C~~~~t G~~~
. YVRS~AHpG~~~`'~',. ~ G~'~M~ ~~rC.S
. r.---- - Rp ~9 n` CU'~ ~ ~11e~°t
S~~i"Eop~~O~ITA
~ oocura~Nra W , ~ ~.f~ ,~,~P~~r `?r~+~
r ~4 a S~.
~ _ ,N}N2~65 1 Y , w ~ 3 ~
~ 5^ ay
° _
~ U C~C•~F'7FG! LE~~' :...3
~,I:Oi~6 ~•~..3
together with all and sing~las the tenements, hereditamenri and sppurtencea th~ersunto belo~girg w in anywiie appertainlnQ therero, snd •tl renls, faves,
proce~eds snd profits itcr~ing end to acvua from said premises, ell of which sra irrcluded in tM above ~nd fweyoiny dexr+ption and lubencium.
TO HAVE AND TO HOLD t~e sbove described and prented premiset unto the taid MORTGAGEE, its succauor: ~~d auiyns forsv~t. Rnd tha ~+kl
MORTGAGOR for ~'h~i~ heira, exetutart, sdministratora and assigru, hereby covenan» with the s~id MORYGAGEE, itt iutCeswn snd asfigna,
~hat -~h9~ 8'r8 - lowfully ~eixcd of th~ ~aid pr~mises in fes aimple; that the ume +rr frs~, tlear ~nd diuhsryed from ~II I':ens and ~ncvrrr
brances in Isw or in equity, and that V~~ wil~ •nd ~e~=° hein ~hal1 wura~t and d~4end th~ title to ths iame to the ~aid
MORiGAGEE, its successors snd auigns, forever ~gainat the lewfu) claimi •nd d~mands of •II penorts;
~ PROVIDED, ALWAYS that if the MORTGAGOR ihall pay unto the MORTGAGEE the prcxniuay rata hereinbefw~ deft?ibed end shall truly, promptly
~ and fully perForm, diuharge, execute, compleu, comPlY with artid ~bida by each ~nd every ths stipulatians, agrerrtxnri, conditioru +nd wvananfs of t~id
~ prom~ssory note end of this Martgage, then this Mortysge and the E~t.sfe hereby aeated shaN teass and be nul~ and void.
~ tT IS UNDERSTOOD tfiat the wad "Mortpa5pr' whethsr in th.~r •i~qulsr a plursl anywher~ in th~s Mwtqsq~, shall b~ sinpuler if o~r only and
ihal? be plwa! jointly snd wverally if mw~ thar+ on~, and rhat the wad "their" ss uNd anywhsr~ in this Mortyay~ iiall be t~ken to rrN~n "hit;' "Mn;'
w"its," wharever the cor~text w impl~es or ~dmits. Also, that ~rhsrevsr there b a rtf~renc~ in tM towrsantt ~nd ~yraements hereim m~tain~d to any of
the parties hereto, the wrrw ~hall b~ <on~trued to mea~ as well n tha hein, I~pal npreu~tatiws, wcc~uws and usiym (~irher wluntary by act of tM
parties or involuntsry by operation of tht law) of tM iame and thet the rnvenanrs lxrtin cont~ined sh+eli birrd and th~ bsnefita and adwnt~gp inur~
to the r~spective heirs, key~l rsp~esens~tives, succes~ors and ~u~yn: of tl+~ portie~ Mrsto.
And said Mortflaflora, fw tkemselves snd their iieirs, leq~l representativas, succeason ~nd auiyns, hereby jaintly and t~vaally tovenant and ~yr~e
to and w:th the uid MORTGAGEE, its succeuori and auiyns:
1. 7o p~y a!I ~nd •ing~l~r the principal and interest and M~s wrio~s ~nd wndry wmt of ma+ey pay~bk by vinw of ~aid promiiwry no4e, ~nd thit~ #
mortgaye, esch ~nd w~ryr, promptly on ths dayt rsspettiv~ly tM ssme ~ewrslly becomo dw. ~
4. To pay all and singular tFN taxes, asstum~nst, I~vies, liabilit'ses, obliqatiau a~d snaimbranca of ewry nsture and kind rww on sa+d dacribed ~
proplrty, a that hsreift~r may br impc»rd, tuffa+d. placsd, {~viad, or asr~ss~d theraui, os that hsnaft~r may b~ levied w aws~ed upo~ this Morty- t
ay~, a tM ind~btedrnss securad hsrtby, ~+cfi ae,d tvery, wMn dw ard p~y~ble, aaordi~op ro law, lxfon tF+er b~carw d~iirqwm. +nd b~fon my ImasN E
attache: or any penalty ~a irxurred; AND INSOfAR A5 ANY THEREPF 15 Of RKORD THE SAAAE SHAII !E PRONIPTLY SATISFIfO AND DISCHARGED OF ~
RECORD AMD THf ORIGIt+3Al OFFlCIAt DOCUMENT (SUCH AS, FOR 11+15?ANCE, THE TAX RECEiPT OR THE SATlSFACTION PAPER OfFIC1AllY E~IOORSED
OR CERTIFIEO) SHAII 8E PU4CED IN THE HANDS OF SAID MORTGAGEE Wli'H!N TEN DAYS NEXT lIFTfR PAVIMENT; a~d in tiw evant that ~ny thx~of i~ not ~
paid, sat':fied and dischsrged ~+:d MORTGAL'sEE m~y at ~ny time pay tln aame w my p~rf tMreof withaut wsiving or ~ffectinq my option, lien, equity a
r;qht u~+der w by rirtue of this mortgaye and the full amount of ~ach ~~d every suth psyrrwnt sh~ll be immediately due •nd p~yabla snd ~hal! bNr inttrqt
srom rhe d~t~ theraof until piid at r~te of n~ne per tentu+n ptr ann t wit~ such SntNett shali be uevred by the li~n of th:t morqtaq~.
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