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HomeMy WebLinkAbout2366 ! f ~ . . ~ ~ l _ r p~ YNl3 lt+tDENTi1RE, M~da the 16~~ dsy of ~Tu~~ A.D. 19~ k+etwesn _ aeo~ge ~ W~~er~ and Alliette K, ~I~lter , hi~ wj of ~t. I+uQiB- Counry ilwida, MreinaftK d~siqnated as ths "MORiGAGOR." end F1RST fEDER.4l SAVINGS AND IOAN ASSOCtATION Of FORi PtERCf, ~ mrporafion orqa~iaad •nd ~xistinq ~ndar the lawt of tM United Stat~t of Amsrica and having its principal piactr of ~ busit+oN in t!» City of Fort Piertr, St. Luci• County, Florida, hH'~inah~r dtsiynited r~ ths "MORTGAGEE:' WHE4EA5 tfi~ MORTGAGOR is ~uatly ind~bted to tha MORIGAGEE in the sum t+f ~~b ~ g~~ • , good and lawfu! money of the Un~ted ~ States ~dvanced by the Mt7RTGAGEE vnto tht MORiGAGOR, as evidenced by a certain promissory note of e~en date herewith, of which Ihe following in words ~nd fiquros is a trw to~y, to~wit: ~ ~ 16.800.00 ~ ?~.8~~ Fo~t Pierce, Florida, ,fl~g ~-6~ 14._Si~_. \i Fw value received, I, wt or either of us, prom3se to pay, without defelcafion, to the order oi FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF " FORT PIERCE at Fort Pierce, Floride, the •u~m ~o~f ~S,~+-~~ with intLeieCst from dare et the rate o~ ptr annum, in monihly inatall- mcnts as fottows: S_~B~Y~! on the4~~ day of e tober , 19S~.Z •od a like ~um on the correipondi~q day of eech month there- ~V afrer unril the whole be fully paid. Each installment firet shall Fx applied in payment of the interest snd then on the u~paid balance of the princi~sl sum. If default i~ mado in the payment of any installment when due, and such default continues 30 days, then at tha option of the holder, and without any other no!ica, al! the remaining install~nent: shall ba due and payable at once. Privitege is yiven to prepay thia note in whole or in part st sny time without penalty. Neit}~her ~f~o~rebeerence, nor acreptance by the holder thereof aiter any defauh in any payment~ hereon, ~hall be deemrd extensio~. A late peyment chsrge of g-s3k5z, shal! be added to each instatlment remaining ungeid 7 days after its dw daf~, end s like sum shall be edded to each ~uch inatallment remsining unpa~d 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest end notice of protast for nonpayment, and furthe~ agree~ to any eatension of time of payment, either before or aftat matutity, without notice tp any of us; and to pay all tosts of coliection, including e reasonable attorney's fee in the event of any default hereunder, and hereby severally waives ail benefit of homestead end exemption under the constitution aid laws of each Statc of the United States, as ageinat this obiigetion w sny extension ar reoewa! hereof. Witness the hend and seal of each party. S Qeor~e Walte~s (SEAI) S Alliec~ K. Wsltera ($EAL) (5EAl) ( ~ ~ .~_1 $tate Revenua (SEAL) (Stamps uncellmd on o~igina! nota) L NOW, THEREfORE, the MOR7GAGOR for !he purpose of securinq payment of ~aid sum af =~o~ , end the performsnca of tF~e covenants and agreementa hereinafter exaressed, and for divere qood and valuabts tonsideretiuns, by theu presents, does grent, barqain, sell, temi:c, retease, convey and cor+firm unto the MORTGAGEE, its tucceswrs and auigni, sll thst certain lot, piece or percel of land, tituate, lyine, and being in tha Gounty of S~ LuC i 9 , end Stata of Fbrida, de~cribed a~ follows: Lo~ lq, AM~NDEI7 PLAT 4F WASHINQTON AEIGHTS ADDITION, being an Amended Plat oP the Plat ag Washington Heights Addition recorded in Plat Baok pe.ge 58, according to the Plat thereol' recorded in Plat Book 10, pege 1~2, of the publia reoflrd~ o~ S~. Lucie County, Florida, ~a IN PATMENT OF 7~ES ei~.CE~VEO 3"--~~~~ ~~;c (~N C_Lr,~= tNTAN: IBLE PFR50NAL PftOPER , C ,u: '~''NAP~ER 2G7Z4. AC7= OF 1941. ; - r~. - : , , ~?~f~ ~~rt~~r r:urt ~ ~ S7A ~ ~F FLORiC~A? en. f-r '-:!J TIS M. JAMES v ~UA$~1~1~ADw TQM~,~ QX . a 5 ^ h ~ Lucie vnt 1ax Collecta~ ~ j _,~-2'6S~ ~ 5 2 Or St. - ~i 2 ~~d~..~ = ~y D6PUiT GLERX ~ V CaMP7ROLLER o~1 P ~j.140 i 38 together w'rth all and singutar the tencmants, hereditamenfs and appurtantes thereunto belonging or i~ enywise sppertaining thereto, and a!I rents, issucs, proceeds and profits atcruing and to accrue from said premises, ell of wh~ch arr included in the above arxl foreqoinQ tleuriptitm snd hebendum. YO HAVE AND TO kQID the abave destribed end grantcd premises untp rhe said MURYGAGEE, it~ sVCCessors and assiyns forever. And tM said MQRTGAGyO,R for heirs, nxecutors, admini~tratnn and a~signs, hereby covena~tt with the iaid MORiGAGEE, it• successon snd ~s~iyns, f that --+~+u~-~'g- lawfuliy se~zed of the ~aid premius in fe~ay •imple; that iha same ~ra free, clear ~nd difcher9ed from all lien~ a~d ~rsc~um- brances ~n law or in equity, and that the~ will snd ~~i~r - heira shall warrant and d~fcnd the t+tle to the wme to the sald MORTGAGEE, iis sutcessors and as~igr~s, farevei against the ~awful <laims e~d demands of e!1 perions; ~ PROVIDED, ALWAYS that if the MORiGAGOR sha~l pay unto the MORTGAGEE the promistory +tote hereinbet`ora deuribed and ~hall truly, prompt{y end fuiiy perform, discharge, execute, tomplate, comply with and abide by each and every tiro stipulatiom, a9reements, conditions snd covenants qf s~id promissory note and of thi~ Mortgage, then this Mortgage and the Estete hersby created thall ce~se and be null and void. 17 IS UNDERSTOOD thst the word "Mortgagor" whether in the tingular or plural anywh~re in thit Ma~tgage, shal! be sin9ular if ane only and iha(I be plurol jointiy snd severelty +f more than one, snd thet tbe Kord "their" ef used anywl~rra in thi~ Mat~sga ~hall be teken to mesn "his;' "hers," ~ or "its," wherever the context 3o impliea w admits. Alao, tfiet wherever there is • referente in the covenants +nd sgreements herein conteinad to any of tfie perties hereto, the iame shafl be construed to mean as welt at the heir:, laga! represenf~tives, iuccesaora and a~signt (sither valvntary by ad of tM parrie~ or involuntsry 6y o~peretio~ of tha I~ew) of the seme ~nd that the covenants herein containcd shall bind ~r~d the banefits and advantapes inure to tht retpective heirs, legsi representatives, ~utceswrs and as~~9ns nf the partits h+reto. And ~aid Mortgayors, for themseives and lh~ir heirs, legal represeniatives, suceeuon and assigns, heroby joinily and severally covenant ma ~qree ~ to end wiih the said MORTGAGEE, its suctetao~s and euigns: ~ 1. 7o pay efl md ~ingufar ths principal snd interast arx! tha variou~ and wrodry •~ms of maney payable by vietue of taid promissnry note, snd thi~ mongsge, each end every, promptiy on ths dsys re~pettively the sam~ sev~ralty bacome dw. 2. To pay all and •~ngular the taxes, auessmenh, fevies; tiabitities, obl~g~tiorti and encumbr~ntet of every nstun and kind now ors ssid deacri5ed ~ properrty, or that heresitsr endy be imposed, suffered, plsced, levied, or saseued thereon, of thst he~aaft~r may F» levied w~s~essed upun thls Matg- sye, o? the indebtednes: secured hereby, e~ch •nd avery, when d~e and pay~ble, accwdirg to bw, before they betame d+elir~quenl: snd bsfor~ ~ny int~rrst ~ attaches or e~y penalry it incurred; AND lNSpfAR AS ANY THEREOF IS Of RECORD TNE SAME SMAII BE PROMPTLY SATISFIED AND DI~HARG°_4 l'~F ~ RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS: FOR INSTANCE, TNE TAX RECEIpT dR THE SATI$fACT(ON PAPER OFFfC1AtlY ENDQRSfD OR GERTIFIED) $HO.LI BE PlACEO IN THE HAhiOS OF SAID MORTGAGEE WlTHlM 7EN OAYS NEXT AFTER PAYMENT; and in the event that sny thsr~oF is nw pa;d, sar'sfied and dischergeci is'd MORTGAGEE may at any time pay the ssme w any psrt thereaf without waiving or affectinq any option, lien, equity or .iqht under or by vinue of this mortgage and the full amount of eath and every svch psymrnt siral~ be immud'ratcly due and payable and thall bear interest ~rom rhe dafe thereof until paid at re~e af nine per centum per • thsr w~th s~~~est shall be ~ecured by the lien of th:: mor9tafl~. 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