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HomeMy WebLinkAbout1301 1;;~~ THIS INRENTURE, AA~ th~ ~5t+h day of ~ctaber A.D. 14~ b~RwNn Wa1Ler Viotor Herman, Jr., and Alta B. Herman. his wiTe pf St . Ll1C,~e , Covntp Flwid~, hM~inaNK tk~iqnated as tF+~ "MORTGAGOR," ~nd FIR5T FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ mrpw~tion w~anizsd snd exi~tinp und~r th~ lawt of th~ Unit~d Stat~s of ArtNriu ~nd havir+q i» principal piu~ of busir»as In tFw City of fwt Pi~ra, St, luci~ Cou~ry, Fiw~da, h~ninahN dn+qn~t~d sa th~ "MORi AGEE: ' WHEREAS fhs MORTGAGOR is juttly ind~bt~d to ths M6RTGAGEE in tfie wm of ; 13 +~OQ • , good snd lawful monty of the Un~ttd St~tp ~dvancsd by tM MORTGAGEE unto tha MORTGAGOR, ss evidanced by a certain promiuory note of aven date herawith, of which ihe folbwinp in wurd~ and fipur~a is a trw copy, fo-wit; x 1 Q 0(3 Forr Pieres, Florida, 0 c t ob e r 15 ~ q~_ for value rxaived, I, we w eith~r of us, promiKt to ey, without dtfsication, to the order of FIRST FEDERAL SAVINGS AND LOAN A550CIATION OF FORT PIERCE at Fort Pieres, Fbrida, the sum~ o~f~i~,,~- 3~~~~ • w~th interc:t from date af the rete af per ennum, in monthiy instal!• msnts followa: = g9 •~Q on tM ~ii day of De e embg~ , ~9~ end a fike wm on the correspondinp day of each month there- •ft~r until tM whoi~ b~ f~lfy paid. Eath inxtallmenf fint shslt b~ applied in paymen! of the interest end ~hen on the unpaid belence oF the princ~pal sum. If default it mads in tha payment of •ny imt~llment when due, and such default continuea 30 days, thcn at the option of the holde~, and without eny other notice, ell the remsininy inttallm~ntt thall be dve and payable at oncs. Privileye is given to prepay this note in whole or i~ part at sny time without pe~slty. N ithe? f t!b?~rrnce, nor ~cceptance by th~ hold~r th~reof after any dafeult in any peyments hereon, ~ha!! be decmtd extenaion. A late payment tharqe of ; • 9 , sh~ll b~ addsd to eath imtalim~nt rsmsininq unpafd 7 days after ita dua date, snd a like ~vm xhell be added to each such installment remaining unpeid 7 dsyt ~fter sach wcce~dlnq paym~nt d~te. Each maker, surety and endorsrr hereof, jointiy and severatly, waives demend, o~esentment protest and notica of protest for nonpayment, and fvrther agr~et to any •xtantion of time of paym~nt, either befare or after maturity, without notice to any of us; and to pay all costs of tollection, includ:ny ~ reaaonabls attorn~y'y fee in the event of any detault hcreunder, and hereby severally waives aIl benefit of homestead and exemption under th~ conetifutiort end lawi of aach Sfate of the Urtired States, a~ nga~nst this obl~gation or any eztension or renewal hereof. Witnefs the h~nd and teal of each party. S Wal ter Vfc tor Herman Jr ,~E,~U S Al t~ B. He rman (SEAI) ~~is ( ~ 2 2 5 ..-a Stat~ Revenw (~~lj (St~mp~ unall~d o~ oriyinal not~) ~ NCfW, 7HEREFORE, th~ MORTGAGOR for the purpo~e of se<uring peyment of sn~d sum of s 1-,3~ ~~Q . ~Q , and the performance oi th~ cov~nantt and ~yr~sm~ntt heninefter expressed, and for divert 9ood snd valu~ble tonsiderstions, by these presents, doef grsnt, berqain, •ell, remix~, relea~e, conv~y ~nd tonfirm unto th~ MORTGAGEE, it~ ~ucceswr~ and a~sig~i, all that certein lot, piece or parcal of Isnd, tituate, lying, end belnq In the County of - Lu . ~ p , and State of florida, describad follows: The South ].2a ~'eet of the following described tr~c~: Beginning at the Northwest corn~r o.f Outlot 2 of Plat of WHITE CITY SUBDIVISION, as re- corded in Plat Book 1, page 23, S~. Lucip County, Florida, public records, rwr~. thence Eaat, along the North line of said Outlot 2, 260 feEt; thence South 0 degrees 17-~ minutes West, 225 feet; thence West 260 feet to ~he ~.ast right-of-way line of Elm Avenue; t:~ence North 0 degrees 17~ minutes E~st, along the East right-of-way line of EIm Avenue, 22.5 feet to the point of beginnina; containing 1.3l~ acres; said tract being a part of aforesaid Outlot 2, ~IHITE CITY SUBDIVISION, And mort¢a~or9 aoaenant that they were the~identical indiniduals ns,med as granteea in Deed fram Philip Pear1 and Blanehe V. Pearl, his wife ~o Walter Victor Hez~nan, ~r, and Alta B. Herman, his xife Ueari~ig date of October 7 ~960 recorded i~au ,D.~ed.'~o~ 262 , page 11' , publ c recorda o St, Lucie Count~ F dQ R~~~EI ~a S !•'V F~`.'f.<ctiT OF?AxES _ Gl1~. O\ C'1,`;~: •C' ?yT,~.`i.^-~p;_F : t:: >`:A'. cR~orhTY. W ~ 0r F=Lt3r~ ~i~fi~..y'ii T..~.;j~P?ERt:ii_ _.:,`F!_^C1. c~ ~ DOCUMENTAp`-'~Si'fit~P~ HX K~U~~ fGi'~'~ , C!~rk C'r,:.,, ~ urt J~ _ =y`c°"-` Ts.°- as A er~' #~^r ~U~ ~~S M. J~,~:'._~ ~ _ OCT 18'65 2'ir"~y'+= _ y U ~ O ^ $t. ~V~16 ~.GUllty TGX CC`~i9C}CY vi c`rc~aarhe! ~F~, G i~~-~~;GXi'L..u-c^~ F'~. tv~i~s _--?.~a_~.::' _ _ gY DEPUTY CLERK ropsth~er w+th ?1) •nd sinqul~? tfie tenemenn, hereditamentt and appurtences thereunto belongin~ or in anywise appertain3ng thereto, •nd •11 r~nls, istws, proteetfs and profits stcruiny and to accrue from ~aid premiset, all of whicfi are intlvded in tha sbove and faepoiny deswiption and Mbendum. TO HAVE AND TO HOID the above described and yr~nted premiies vnto the said MORTGAGEE, its wccess~prs and astiyn~ fotever. And PM ~sid MORTGAGOR for ~h~-;~---- heirs, executors, administrators and assigns, htroby mvenanh with the aaid MORTGAGFf, ita succKSOn snd ~piyns, thst th~y--~-~-x'~' IawfuNy seixai of tha ssid premiies in fee iimple; that the urme ero fras, cle~r ~nd dixharqed frorn dl lieru ~etd irxu~+r braru~r ih I~w or in pvity, irtd thit they N,~~~ the ir heirs shall war~ant arv~ defend tha titl~ to tFa ~am~ to tM wid MORTGAG€E, iri tvaeuars ~nd ~uiqns, forever againtt the lawful claims and drmands of all personaj ~ PfOVIDED, ALWAYS thit if th~ MORTGAGOR shall pay unto the MORTGAGEE tha promit~ory note hereinbefare deuribed en~ shell trvly, prpmptly •nd fully p~rfarm, diicfi~rqf, sxecute, completa, comply wirh •nd abide by eech •nd svery ths stip~lationt, sgreements, conditicmt and wvenant~ of wid promiuwy not~ ~nd af this Mortyaqe, t}?~n this Mortflaye and the Estate heraby created ehail ceass md be nvll and void. IT IS UNDERSTQpp Hut thr wwd "Mongs4or" whether in the ~ingular or plursl ~nywhert in this Mortgaye, shi11 be sinyular if one oril~~ ~ thall b~ pl~r~l iointly ~r~d ~evw~lty if mora th~n one, •nd that the word "thair" es uted anywh~~~ 'rn th4 Moripay~ ~h~l! b+ teksn to rr~~n "hii," "Mrri;' w"ih;' whsrevs? tM tont~xt w implies w admit~. Also, thst wherever there is • ref~rence in tF» covenants and syreements herein cont~ined to any o~ th~ psniti Mreto, tht tam~ ahall be tautrued to mesn a• wel? si the hein, I~yal repre~entatives, ~+xceuon ared aexiqrn (either volunt~ry by ~ct of iM p~rtiet or Invdlu~iary by ~ps?ation of ths law) af tht same and thet the covenants herein contained thall bind and thi !»rwfit~ •nd adv~ntpp tnurs to tF» r~sp~ctlw Min, loysl r~present~tivss, succssion and us~pni of the parti~s Mmto. And ~aid Mortqsyws, for themielves •nd their fiein, lepal reprasentstives, iucceiwn aRd aui9nt, hereby jaintly and s~versfly cov~~t artd pne to ~nd witA tM said MORTGAGEE, it: auccrsson and as:iqr»: 1. 7o pey all and ainquls~ th~ printipa! and intsresr ind tM various ~hd Yundry sums of mo~~y pay~bl~ by virtue of said ptorr~iasory rwte, and thii matya~, wch and every. promptly on tt~ day~ rypectiv~ly iM sama s~v~raliy becc~ dw. 2. To pay all and ~inpular th~ tax~s, ~uet~ment~, lovies, liabilifies, obliy~tia» ~nd entumbtar?ct~ of every natura ar?d kind rtpw pn taid dyptMd pe'a~srty, or th~t Mn~ffrr may by impowd, rvtia?~d, placed, levkd, or as~eis~d ther~on, w that Mre~ftar msy be fevi~d w rssetsid upon this Morfq~ ag~, w th~ Ie?d~bt~dr»ts s~curd Mnby, Nch and wery, whan dw and pay~bl~, mwdenq to law. 5sfar~ they becorM d~linqwnt, and brfor~ eny Mm~a +tt~thes or any p~n~lty is inc~rred; AND INSOFAR AS ANY THEREOF i5 Of R~ECORD THf SAME SHAIt Bf PROMPTLY SATISFIED AND DlSCHI1kGED OF RECORD AND THE ORIGINAL OffIC1AL DOCUMENT (SUCH AS, fOR INSTAPitE, THE TAX RECEIPT pR THE SATISFACTION PAPER OfPIC(ALIY ENOORSEO ' OR CERTIf1Eb) SHAII dE PtAtED IN THE HANDS Of SAlO MORTGAGEE WITHiN TEN DAYS NEXT AFTER PAYMENT; ar+d in tt+e event that ~mr ti+~r~of u rw~ psid, tit:sFi~d •nd d'rscher~d ta~d MORTGAGEE may at sny t;me psy thr seme w ~ny psrt thereof without wsivir~g w aff~ctiny any optfon, litn, puity p ~ipht under or by virtw of thit mortysye and the full amount of each and every such payment shell be immediately due •nd pay~ble ~nd shall be~r intK~st ~fom t}k d~ts th~r~of until paid at r~t~ of ninr per centum per annum e Q RoQethtr with such interett shall be stcured by the lien of th:s morytaqt. ~ooK 129 ~02