Loading...
HomeMy WebLinkAbout2753 1~,r x~ ~ THIS IIVOEN7tlItG M,d. ~n._ lOth Pharr and E1i~abeth M. Pharr, hi~ wife A.D. 19~ ~rW..~ Chgrles M. of Saint ~+~,Q~.4 , County Floride, heroinsh~r d~rtignst~d n~ the "MORTGAGOR," and FlRST fEDERAL SA~lINGS AND l0 A550CIATION OF FURT PIERCE, • torporation organized •nd exiijinfl under the laws of tfis United Stat~a of Ameriu snd h~virq its prfntipal plac of~ busin~u in tM Cify of fort Pisrce, St. luti~ County, Florida, h~rein~her de~~qneted a~ ths "MORTGAG[E:' WHEREAS t1+e MORTGAGOR is (u~tly indebt~d ta tM MORTGAGEE in the eum of E- S~~QQi~ , pood snd lewful maney of the Unlted Stafe~ +dvanud by tha MORTGAGEE umo tM MORTGAGOR, aa ev;danced by a certain promiaiory note of even dete harowirh, of which tha foL'owiny in word~ and fiqur~s ia a tru~ copy, to-wit: t ~ ~-49Q.Q.t? _ 12 22 foR Pierc~. Floride, JU~'S ~`Q~ 14 For value received, I, we or either of us, promi+se ~to ~p~ay, witho~i d~fslcation, to ?he order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERtE at Fort Pierce, Florida, the sum of S-.~~-~~1~iQ1L------...--- with intereft from date et the refe ot per annum, in monthly inttall- ment~ ea icilawa: S_. on the t~ d~y of AuBus~t , 196~-_ and s like sum en the correspondinq day af each month thera- after until the whoie be fully paid. ~ fach installment first shall ba applied in payment of ihe interest and then on the unpaid balence of the printipal sum. If default is made in the payment of any instaliment when due, and such drfa~lt continues 30 deys, then at the option of the holder, and without any other nctice, all the remaining ;natallmants shall be due and payable at unce. Privilege is given to prepey this nots in whol~ or in part at sny Nme without penelty. Neither fo e:»arance, nor acceptar.ce by the twlder thereef after eny default in any payment~ hereon, shall be deemed extension. A lete payrnent charge of S- 2• o~h~ll bs added to eech in.staliment remaining unpaid 7 days sfter ita du~ d~te, snd s like tum shail be edded to each such inatellment remaining ~nprid 7 days after each succeeding payment date. Eech maker, surety and endorser heraof, jointiy and severally, waives dmmand, presentment protest end notice of protest for nonpayment, snd further agrees to any extension of tirr~e of payment, either before or after maturiry, wi;hout notice to any of us; and !o pay all costi of collection, includir.g a reasonable attorney's fee in thc event of any defauit hereunder, and hereby severally waiv~es e!I benefit of homestead and exemption under the constitulion anci laws of each S~ete of the United Srates, as egainst this obliqetion or eny extension or renewal hareof. Witness the hand a~d seal of eech party. s C rlea M. Pharr esE,~u s Elizabeth M. Pharr (5EAL) • (SEAI) 7 r (SEAL) ( ._..f ` 7Q ) Stafe Revanue (Stamp~ uncelled on orfyinal notel NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said ~um of S ~ snd the performenca of the covenants end agreements hereinafter expreesed, and tor diveri qood aRd valuable con~iderations, by these prs:ents, dces ~rant, berqain, sell, remise, re~ease, convey and conf~rm unto th~ MORTGAGEE, its s~cceswrs end aui~ns, alf that urtain lot, piece or parcel of land, ~ituata, lyinq, and bein9 in th~ Covnty of - S~-i-Ilt LuC~~ , snd State of Flor;da, described u follows: Lot 5, Block of CRAMER j S ADD~TI ON to Ft. Pierce, Flori da, as per pla t thereat record~d in Plat Book 2, page 10, of ths public records of St. Lucie County, F'lorida, ~ _ ~ o= °~Tq ~ _ y 4 ~ ~~~o~ ~1 IM wAYMEMl' OF 7AX~. ~ ~j,~, .,,\T,aQ , RECEAVED ; /U~Mp 6s i:ou W.. ~ Q~' Tp D~EON CLA55'C' INTRhGIBLE PERSOy.4l PROPERTY. r piJRSUAkT TO CHAP7ER 20724. ACT~ OF 1s4~~ \ . ~90~38 T ROGFR PQI7RA5, Clerk Clrcuit C~~rt )',4~ ~ os AAe~t for CURTIS M. JAN,`S ~ 4' . ~ St. Lucie~ ~ax Collector 0 ~ ~,dr~, : ~ ~ ~ ay DEPUiY CLERK toge!her with sl) and iingular the tenements, hereditaments •nd appurtances thereun4o belonying w in anywiie eppertaininq th~ereto, •nd sll tent~, Istutf, proceadf and profits acuuing end to actrue from said premiias, all of which sre intluded in the abovA and forayoinfl deswiptian end hebendum. TO HAVE AND TO HOLD the above described and grented premitp unto the said MORTGAGEE, it: tuccea~on ar.d sssign~ farev~r. And iFN uk9 M~RTG~A}G,d~R~ ,for - thg heirs, executors, sdminiitrators and assigm, hereby covenants with Ihe said MORTGAGEE, its •utteuors ~~d ~uiyru, that -y++~i----$~~-•- lew(ully seized of the said premisee in fae simple; that the same eta free, clear end dixharged itr>m al! liens and ~exurrr ~ brances in Iaw o~ in equity, and that~ will and t~l~ i~" heirs ihall wsrrant snd defend tha title to the arrN to 4irr uid MORTGAGEE, it• tuccessors and ass+gns, #o~ever agsinft the lawful ziaims end demands of all persona; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MQRTGAGEE the promiasory note hereinbefwe described e~d rhell iruly, promptly ~ and fully perform, discharge, execute, cumplete, tomq~y with and abide by each m~ evsry the stipulations, agreements, tonditiens and covenents of taid pramitsory note and of thi~ Mortgage, !hen thia Mortgage a~d the Estate hsreby crestrd ehall tease snd be null and void. IT IS UNDERSTOOD that the word "M~rtgegof" whether in the singular w plvral anywhere in thi~ Mwty~g~, shal! b~ si+igular if o~e only ,d ~hall be plural joiMly and uver~lly if moro than one, end that the word "9heiP' es uaed a~ywhere in 4hir Morlgsqe •hall be taken tq maan "his;' "hers," or "its," whe~ever the contnx? w implie~ or admits. Alscr, that wherever there is • referenc~ in the tovenanri and agreeme~ts herein cvntain~d to any of the parties hereto, the tame ~hal! be const~ued to maan at well ai the heirs, la9al r~presentatires, successori srrd ~uiflrn (either volunlary by ~st of th~ penies or involuntsry by aperstion o( the law) of the •eme a~d thst fhe covenant~ herein co~t~ined thsll bind and the berxfiri +~nd advant~yQS lnure to the retpective heirs, legsl representativas, iuccesxors and as~~Qns of the parties hereto. And s~id Mortgagors, fw them~elves and their heirt, feqal representifive~, •ucctswrs and suiqns, hereby jaintly and keverally covtn~nt •nd »qr~es to •nd with ths said MORTGAGEE, its ~uccetiws and assiyns: L To pay sll snd ~iny~~Iar the printipal and intere~t snd the variow and ~urtdry suma of rtwney pay~bl~ by virtue of ia~d prcxniuory nate, and thi~ mortga9~, each and avsry, promptly o~ th~ day~ respectively ti~e ~ame seve~slly become d~e. 2. To pay all •nd •inyvla~ the t~xes, usessments, levies, liabilit+e~, obliy+~tian •nd encumb~~ncst of every natvre snd kind now on soid datribed prop~rry, or that herssft~r mey be impos~d, auffered, plaeed, Ievied, or astested thereon, ov thst her~after may b~ levied w ess~ssed ~pon t1~Fs MortQ- •9a, a th~ indebtedn~ci ~ecvred hereby, aach and every, when dua and payable, accordirp to law, b~f«s they becom~ dolinquent, and b~fwe ~ny int~ryt atteches or any ptnalty is incurred; AND INSOfAR AS R~NY THEREOF IS OF RKORD TME SAME SHALL 8E PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT ~R THE SATISFAC?ION PAPER OFFIUAIIY ENOORSEO OR CERTIFIED) SHA1l BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIH TEN DAYS NEXT AFTER PAYARENT; and in the avent thst ~ny therwf is na1 paid, ~st ified •nd discharged ia:d MORTGAGEE may at any t~me pay the ~ame or any part the~enf without waivi~ o~ affec±ing any option, lie~, *qvity or .iaht undsr or by virtus of fhit morrgage and the f~l! amount of each and every tuch payment shall b~ immediataly due a~d payab~e and •hall bear interest From the date thereof until pa+d et rate of nine per centvm per ennvm snd,to~et~j r wch inter~`t~~i I be ~sc~rrd by rhe fien of th:s morflt~ye. aDGK 3.~ . ~ - - _ . ~