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HomeMy WebLinkAbout2759 j F ~ ~ ? . . , "f ( . . .e n . THIS INDENTURE. Mad~ the 18t~L~ day of J11~e._ A.D. 19~., between~L Henrs B~rr te t and PegQV J_ ~gY^,.L_ett, hi s Wif e~ . of _~.s~~t• ~111CiA County Fbridn, hereinafror desgnared as the "MORTGAGOR," and f1RST FEOERAL SAVINGS ANp IOAN ASSOCIATION OF fORT PIERCE, e corporetion organized and eziitinq under the laws of the United 5tat~s of America and having its principal placa of buiineu in the City of Fort Pierce, St. lucie County, flwid~, herein~ft~r desiynared a• tho "~MO~RTGAGEE." WHEREAS the MORTGAGOR is justiy indebted to the MORTGAGEE in the s~m of ;._1!._`C00 • 00 good and few(vl money of the Un:ted Statet advanced by the MOR(GAGEE umo the M0~2TGAGOR, as evidenceef by a certain promiasory note of even dafe herewith, of wh~ch the following in word• and figures ii a true copy, to-yvit: = 3,000,00 n,o ~,86~ Fo~t Pierce, Florida, 1-&-i 19~ ior value roceived: I, we or either of us, promise to pay, withoui defalcation, to the o~der of FIRST FEDERAL SAVINGS RN.^. LOAN ASSC~CiATION dF FORT PIERCE af Fort Pierca, Florida, the sum of s ~*ljQQ with interest from date at the rete cf 6..._~~S per annum, in monthly install- ments as tof!ows: 5---.J~-•-YSt-- on the~ day of au~~___, 19__S~~__ and a 11ke sum on the correspor;d~ng day of each month there- afrer ~nt~l rhe whole be f~lly paid. Each installment first shall be applizd ir, payment of the interzst and then on the unpaid balence of thz princ~pal sum. If default is made ~n the payrnen~ of any installment when du6, and such default cortinues 30 dayf, then at the option of the holder, and without any other notice, all the remaining ~nsral!ments shail be due and payable at once. Privilege is given to prepay thii note in whole or in part at any t~me withovt penalty. Neither f~ornebearance, nor ecceptan~e by the holder thereof after any default in eny payments he.eon, snall be deemed exte~sion. A late payment charne of S~. ~v, shall be added to each i~stallment remair,ing unpaid 7 days after it• due date, end e like sum shatl be added to each iuch installment remaining unpaid 7 days eftar each xuccetding paymenr date. Each maker, surety and endarser hereof, ;ointly and severally, waives demend, prasentment protest end notice o` c~oteet for nonpaymant, end further agreee to any extension of tJme of payment, either bzfore or after maturity, withoul notke to any o# us; and to pay costs of collectfon, indud:ng a reasonable arto:ney's fee in the event ~f any defau't hereu~}der, and hereby severally waives all benefit of homestead and exerr~ption under the conatitution and laws of each Sratr of rhe United States, as against this obl~gation or any exrension or rcnewal hereof. Witness the hand and seal oi each party. enry C . $arre tt (SEAI) Pearcv J. Barr~~t__ ~sEAi> (SEAL) (SEAL) ( ~ ~ ~Q ) State Revenue jStarnps eancalled on ori9inal r.ote) NOVV, 7HEREfORE, The MORTGAGOR fOr thc purpoee of srcurirtg payment of said sum of S 3a • , and !he pcrformance of the covenant~ end agreemenr~ l~ereinaftrr expressed, and for divera good end valuable considerotions, by theso presents, dxs qront, bargain, sell, remise, release, convey and conf~rm unto the MORTGAGEE, its •ucceswrs and aisigni, all thet certain lof, piece or pertel of land, •ituate, lying, end being in the County of LllC ~H - , end 5tate of Florida, de:crbed ai follows: Commencing at the SW aorr~er o~' the SE~ of Section 27, Township 35 South, Range 40 East, run Ee.st 125.12 feet, thence North 2 deg. 08~ 30" West a distanc~ of 1368.87 Peet, thence East 428.32 Peet to the NW corner of Lot 6, Block 2, according to an unrecorded plat nf the land of J. W. Dickson and Reba Dickson, his wife, in the SE4 of Section ~7, Township 35 South, Range 1,~.0 East, A.nd the point o1' beginning of the land hereby described; thence rwn South 1S0 faet, more or les~, to the SW corner oP said Lot 6, thence run East 7S feet.to the SE aorner o~' said Lot 6, th~nce run North 150 feet, more ar legs, ta the NE car~`ier of s~id Lnt b, ~hence run West 75 feet to the NW corn~r of said Lot 6 and the Point of Beginning; same being also known as Lot 6 of Block 2, af said unrecorded plat, ~,ar~ ~ RECFlYED f iN ~AYME!Il'0l~TAX~4 DUE ON CLA5S'G' INTAlIG19lE ~ERSONAL PROpHR7Y, ~ STAT E~F F L a R I L~A PURSUANY TO CHAPTER 20724, A,C75 O~ 1941~ ROGER POITR~.S, Clerk Circ~~it C~urt DOCUMENrAp~ TE1MP TAX as Agent for CUnTIS M. JA,V,L-5 ~ _~13'd5~ sr. Atxyty rax r.~~.~,~ ~ ~ = ~'~A. 4 5 0~ / ' r N v C''L-«-C{ C~h!nTROLLER ~r d ~ p~. SSD138 ~~co:a~~~ _ _ DEPU7Y CLERK togPthar w~th all and singufar the tenements, hereditamenta and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, iuuei, proteeds and profits accruing and to accrue from said premises, all of which are included in the above and foreyoing description and habendum. TO HAVE AND 70 HOLD the abave descrihed and granted premises unto the seid MORTGAGEE, itt succeunrs end a~signs forever. And the ~aid MOkTGAGOR for ---~aiZ'--- heirs, execurors, adminisrrators and ai~igns, hereby covene~ts with the •eid MORTGAGEE, it~ succesiors end es~ifln~, that ~g~-~'8--- lawfully seized of the said premises in fee simple; that the aame are free, clear an~ diuharged from all lieni and encunr brancas in law or in equity, and thet~eh~y wi!I and th~iY' _ heirs •hali wsrra~t end defend 'he title to the ~am~ ro the ~sid MORTGAGEE, it~ successors end essigns, forever against the lawful claims and demends of all pertont; ~ PROVI~)rD, ALWAYS that if the MORTGAGOR shall pay unto tht MOR"+GACaEE tha promiisory note hereinbefore deacribed and ahall truly, promptly and fuily perforrrt, d~scharge, exec~te, complete, comply with and rbide by each and every the ~tipulations, agreements, canditions and coven~nts of wid prom~sso~y nate and of this Mortgege, then this Mortgage and the E~rate hereby created ~hall cease and be nul! and void. IT IS UNDERSTOOD thst the word "Mortgago~" whether in the singular or otural anywhere in th~s Martgage, shall be iingular if one only and shall be plvre! jointly and severally if more then one, and that thp word "thcir" et used anywhere in thi• Mortgege shall be takan to mean "hi~," "hers," o~ "ita," wherever rhe context ta implief or edmits. Alw, thst wherever there is s reference in the covenen» and egraementt herein con•ained tn •ny of the perPics hereto, the tame •hall be construed to mfan af well e~ IFre heirs, legal rtpresentatives, •uttessor~ and ai~+gns (either vofuntary by acf of the parties or involuntary by operetion of the ~aw) of the seme and that the covenantt herein coniained shall bind and the bcnafits and advantagef inure ro the respective heirs, legal representetives, wcceisors and asrgns of the psrties herMO. And iaid Mortgagore, for themielves and thr.ir hein, legal represrntative~, successor~ end assign~, hereby ;uintly end severally covenant and sgree to and with the taid AAORTGAGEE, its s:~ccessor• and assigns: 1. To pay ell end si~gular the principa~ and intereat a~d the various end •undry tums of money payab:e by virtue of taid promissory note, and this mortgege, each end every, promptly on the dayt respectivaly the same sev~r~lly become due. 2. To pay all and ~ingular the ta:es, assessments, levies, liabilitie9, obli9~tions snd ancurnbrances uf every nature and kind now on seid described property, or th~t hrrea4ter may be impo~, 9uffered, plsted, levied, or •asesaed thereon, w that heresfter may be levied or aasessed upon this Mwtg- age, or the indebtedne~s ucured hereby, exh and every, when due and peyabte, xcordinp to law, before they betome delinquent, and before •ny tnterest aneches or any penslty i: incurrerJ; At~D INSUFAR k5 ANY THEREOF IS Uf RECORD THE SAME SHA4l'8E PR~M~TLY SATISFIE~ AND DISCHARGED OF RECORD AND THE ORIG1NAl GFiiCIAI DOCUMENT ($UCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAf'ER OFFICIALIY ENOORSED OR CERTlFlED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEf iNITHIN TEN DAY5 NEXT AFTER PAYMENT; and in the event that any thertof is not pa~d, sat sfied and dfscharged sa'd MORTGAGEE may at any time pay the same or sr,y p~rt the!eof witho~t waivir.g or affecting any option, (ien, equi!y o~ .~qht under or by virtue o4 this rnorrgage and the f~ll amount of each and every such p~yment sha!I be immediasely due and payabie and shall bear intere~t ~rom the dare thereof ~ntil paid et rate of nine Yer centum prr annum end together wi interest ~hall be secured by the lien of th:s morgtaye. BOL~ - - ~__s