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HomeMy WebLinkAbout1774 ( ~ ~ ~ . ~ . ! tJ. ~1.7i As.l TMIS INDENTURE NbtN d~a. ~btn - day af ~C~Ob6Y' A.D. 19~ b+tw~«'+ M8C'r. _~C~~1QS.~~~L_a flrid Ma.r~al` ~.~fld1G~~~~g~~~ - ~ cJ~ Lucie , Co~nfy flaids, her~in~ft~r dN~qn~ted a~ the "MORTGAGOR," •nd FIR51 fEDERAL SAVING5 AND IOAN AS,SOCUTION OF FORT PIERC@„ o corpa~fari wyaniz~d +nd exiNinfl under tht lavvs of ths United St~t~s of Am~~ic• and h~virg ib princfp~l pl~ca of businp~ M ti+a City of Port PiKC~, St. luci~ County, Florid~, F~eninah~r duiqnat~d tM "MORTGAGEE." WHEREAS th~ MORTG+~GOR a juttly indtbtfd ro tlo~ MORTGAGEE in the wm of ~ 0_ ~n , pocad and lawful mor»y of the Unlted St~tq ~dv~ncad by tM MORTGAGEE u~to tM MORTGAGOR, ss evidented by a carte+n promisiwy note of even Jate herawith, of whith tha followinq i~ w«da •nd fiyuns h• trw copy, to-wit: ~ Q C~ Ob A T' 2~~ 1~ 19~ Fart Pierc~, Fla?id~, - J For value nceivad, I, we o~ eith~r of us, promise to pay, withouf d~f~lcstion, to thc ord~r of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF L `r FORT PIERCE at Fort Pierte, Florida, the sum of = ~.Q with interest from date at the rsts of v-~% per annum, in manthly inttalb mcnrs a~ follows: 5~~. - ~Q on the ~ J 1,11 day of ~S~cSim~~ r. 19 v~_ and e lika sum on the correspondinq d+y of esch month thsra- after until the whole be fully paid. Each installment first shall be applied in peyment of the interest ~nd then on the ~npaid ba!ance of the principal aum. If defa~lt is made in the paymant of any installment when due, and such defeult contlnuet 30 days, then at the aption of the ho(der, and without any other notica, ell tha remaininy intt~llmenit •hall be due end p+yable at once. Privilege is given to prepay this note in whale or in part at any t~me w~thout panalty. Neither forebear~nce, nor acceptante by the F+older thereof after sny default in any payment~ heraon, ihell be deemed extension. A late payment charys of f~•~~ - ifiall b~ added to each initallmant remaininq unpaid 7 days efter its due date, and a like sum shell be added to each suc~~ instellmenf remaining unpaid 7 day after ~~ch ~ucceediny paymsnt dare. Eath maker, svrety and endorsar hereof, jointly ar.d severally, waives dema~d, presentment proteet end rtotice of proteit for nonpayment, and fvrther agrees to any extention of time of payment, either beforo or after maturity, without notice to any of us; end to pay al~ costs of collection, Intludinq a reasoneble artorney'~ fte in the event of any default hereunder, end hereby severolly waives all ixnefit of hamestead end exempticn under the comtitWion and !ew~ of each State of the United States, as against this obligation or any extension or renewal hereof. Witnets the hsnd end iesl of each party. S/ Mack S ad]. ck, ~r. (SEAI) y~,~ I'~ A11C~ ° S C A 1 O C~S - -(SEAI) ($EAL) ~SEAL) t ~ ~ . ~7U ) Stste Revenu~ (Stamps unttll~d on wlyin~l note) 2 I, O~ . o0 NOW, THEREFORE, th~ MORTGAGOR for the purpoie of securing paymcnt of ~aid sum of S ~ i+ end the performanco of the covtnrnts and sqrstment~ hereinafiar expressed, and for divers good end vsluabla con~ideratians, by the~e prasents, does grent, baryain, ~ell, remiss, rel~a~e, conv~y snd confirm unto tht MORTGAGEE, its •uccessors and suigns, ell that certain lot, piece or pertel of land, fituate, lyiny, and beiny in ihe . twnry of r~U 1 E'- , and 5tate of Florida, deswibed followi: Lot 1~, of Bloc~ 3, of ~LDORADG SUBD~VISION, as per plat thereof on file in Plat Boo4~: 8, at pa~e 2, of the public reco~ds of ~t. Lucie County, Florida, o~ ~ r S`iA"1"~ FLORIDA ~ F D~CUMEN7A° E STAM~^P 7AX ~ j MOY-1'65 ~~~"4 3 6 r O u:j C~+ a~ t-: c ~ = ' - - COMPTRGLtER ° 140138 ~ ~ P.g. RECE~VEDS - - I"~ p'Y~"~~:{`}- ,rXES DUE Oti CLAcS ~!`!?~N ;1~~_? pc ~;'e~:7Y. ryRSUANT?OC?'~VTER 207_i, ' " 19~1, p0;~~? Cl~rx Cir_.~:c urt ~s /I~~t fcr CU Y1S M. A1.5' i ~ unty 7ox C tor h~ ~PUn c~nc toq~thtr with ~II and singular the tenements, hereditaments and eopurtances there~nto bslonginy or in anywise appertainiry thKSto, •nd all renri, luues, p~oteedt ~nd profits ssc:vinA and to sctrue from said premiies, all of which are intluded in the ebov~ arxl focaQoiny description and hebendum. TO HAVE AND TO HUID fhe above detcribed and yranted premisei ~nto the said MOR7GAGEE, iri sucteuora and ssiiyM forev~t. And tM ~aid MORTGAGOR for "~i r---- heirs, ezecuton, edminiYtraton and asiigns, hereby tavenants with ihe aeid MORTGAGEE, iri successors and aui9r», 1h~t t h E' P~-- Iawfully ~eizrd of the taid premises in fee simple; that tM s~me are iree, clear •nd di~charQed from all liera ~nd tncum- br~ntts in !aw or in ~quity, ~nd that they will end t~~-~~' ixin shall wsrnnt and dtfend ths title to the um~ to tM ~aid MORTGAGEE, iri succeuor~ and auiyns, forever sgainst the Iswful claim~ a~d demarx~s of all persoru; PROVIDEO, ALWAYS that ii ehe MQRTt'iACrOR ~hall pay unto the MORTGAGEE the pramiuwy ewte hereinbefots detcribed and shell truly, pfOmp4ly F •nd fulty psrform, discMrfle, execvte, compl~te, tomply with and abide by rach snd every the ttipulation~, rgreement~, ca~ditions and covenanri ef said promifwry not~ a~d of thi~ Mortg~ge, then thii Mortyays and the Eatate hereby created shall cease and be nvll and void. IT IS UN~ER370Qp tMt the word "Mortpaqor" whether in tfie ~~ngular w plvr~l ~nywhere in thi~ Mortgage, shall be sinyul~r if ane only ~ •hrll be pl~ral ~oi~tly and savsnlly if mao than orne, snd that tha word "their" a• ured •nywhere in this Matqaqe shall be tak~n ta rtaan "hi~;' "h~n," w"ita," wherev~r the confext w impiias or ~dmits. Alw, that wherever there is ~ ref~renct in tha cov~nanri and sqreamenri h~rein tontsin~d to any oi tM p~rtiet herrto, ttos ~am~ thall b~ canstrved to mean ~s well as the hein, leq~l repr~sentatives, succeua~ ~nd +uiqns {~ither volunt~ry by ~cf af ttw partia or involunt~ry by o~ntion of tM law) of tix same and that the covenanti hsrein cont~ined ~Mli bind •nd the ben~fits and odwntsq~s lnur~ fo th~ r~sp~ctiw ?wir~, Ip~l rrpre~?sntativK, wcceuors ~nd aa~gns of tha p~rtitt horeto. And sald AAwtqapon, for thsmselves snd their hein, leyal represent~tiv~, tuccesuxs and auiQni, hereby jointly and ~ev~rally tovenmt ~nd aqr~e to and witfi tM wid MORTGAGEE, its tuccsssors ~nd assigns: 1. To pay •il ~nd sinyula+` tM princip~l snd interest ~nd the variwi and •undry surtu of m~ey payabla by virtue of said promissory not~, and thi~ mpRpp~, ~ach ~nd ~wry, promptfy on th~ d~yn respactively ihs ame ssver~lly becorne due. 2. To pay •I! and ~inpular tM taRes, ~uestmenn, levies, liabilitiei, obliysYrom •nd ~ncumbra~ses of wery Mture snd kind ~ow on ~eid dac?ibed prop~rty, ar that F»r~~fta may bt imposed, suffsred, pl~ced, Isvied, or aaessad therwn, or tF~af hereaftsr may b~ I~vied w~sstu~d upon this Maty- aqo, or tM kndrbtrdexss wcund hsrfby ~~ch ind w~ry, when dw and payrbl~. ~scordinp to Iaw, bafw~ tlxy become d~linquent, and b~fon ~ny irM~rast attaches o~ any penalty i~ irxvrred; AND INSOFAR A5 AhY THEREOF IS OP RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AN~ DISCWIRGEO OF RKORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATfSFACTION PAPER 6~fICIAIIY EIVAORSED OR CERTIFIED) SHAII 6E PUCED IN THE HANDS OF SAID MORTGAGEE WI7HIN TEN DAYS NEXS AFTfR PAYMENT; and in the event thrt a„y thereof ii not paid, sat'~fi~ed and discharqed aid MORTGAGEE may at sny time pay the seme or anv ~art thereof withaut waiviny or affectiny any option, lien, equity or .iqht und~r a by virtw of thi• mort9~ye arx! the full amount of esch and erery such psyment •hall be immediately dve a~d p~yable ~rtd shall b~ar inter~st kam thf dat~ thtreof until paid s1 nte of nine per centum per anr+vm a~d togerher w~th such interett shsll be tecured by the lien of th:t morytap~. 80DIf ~~G~ ~ (5