HomeMy WebLinkAbout2145 i ~(,)~~.1_ 9~--
~ A.D. 19 bdtwMn
THIS INDENTURE, Made tir~ dey of _ ~•~~~~'~`~rF~ F~
. ~ ~ , ,
~ _ ~ . . t3 ' W
of ~ C- County Florids, herrnafter deti9nated ea the "MORiGAGOR," snd FIRSi FEDERAL SAVINGS ANp LOAN
ASSOCIATION OF FdRT PIERCE, ~ corporation orqanizrd and exi~linfl undm ihe laws of the Un~ted Sta»s of America and havir.fl ih principel place of
bv~in~u in tM Ciry of Fort Pisrce, St. lucie County, Florida, hereinafter de~~Qneted e~ tha "MURiGAGEE."
WNF.REAS fh~ MORiGACrOft i~ ju~tly indebtad to the MORTGAGEE in the sum of x__-i-a.~~~-._n~1 4;ood and lewful money ef the Unlted
States edvancc~d by thn MORTG.4^vEE unro rhe MORTGAGOR, as ev;denced by a certa~n promissory noic af even date herewith, of wh~ch the followiny in
wurd~ and fi9ures ia ~ tru~ copy, to-wi~:
~ :~i~~l~~l.~~~~ N°_~~ ~ ~R -
Fon Pierce, Floride, ~TC ~'FT'r!t`PT' ~q f'r
For value receiveci, I, we or either of us, promise ta pay, without defalcation, to the order c,f FIRST FEDERA~ SAVINGS AND LOAN ASSOGIATION dF
FORT PIERCE at Fort Pierce, florida, the aum of S-- wrth inreresr from date et the rate of E•~r°.~o per annum, in monthly instell-
menta as follow~: S ~l a~^- on the ~ c~ rlday of f' i~ i~ t'__!L, 19 F C and a like sum on the correspondi~~g day of each month there- .
efter unt:l the whole be fully paid.
Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If default is rr,ade in the
payment of any installment when d~e, and wch default contin~rs 30 days, then et the option of the ho~der, and withovt ar.y other notite, all the remaining
~nstelimen!s sheil be due and payable at once. Privilege i~ given to prepey this note in whale or in part at any t~me without penalty. Pleither fo~ebearance,
nor ecceptence by the holder thcreof after any defaulr in any payments hereon, shall be deemed extensiun. A latc paymen! c!~erge of S ~ ~~n ehall ba
edded to eech insrallment remaining unpa~d 7 days after its due da?e, end a Gke 3um shall be added to each such installment remaini~g unpaid 7 day~ a{ter
sech tucceeding payment date.
Each meker, surety and endorser hereaf, jo~ntly and sev~rafly, weives demard, presentment protest and notica of protest for nonpayment, and further
egrees to eny extension of time of payment, either before or after maturity, witheut notice to any of us; and ta pay ell costs of collection, in_ludinfl a
reasonabie ettorney's fee in !he evem of any defa~!t hereunder, and hereby severally waives all benef~t of homestead and exemption under the constitution
and laws of each State oF the United States, as aga~nst this obGgation or any extension or renewal hereof.
Witness the hand and ecal of each party.
/ • ,
c T: fl r i-, 1 P_'y a..~. „r..~ (5EAl)
(SEAt)
(SEAI)
(SEAI)
i ? • 1 State Revenue
(Srampi canc~lied on oriqinal no!e)
N01N, TNEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of 3_ ~ ~ end the performance of the
tovenantt and agreements hereinafter expre~:ed: and for d~vers good and veluable considerations, by •these present~, dces grant, bargain, iell, remise,
release, convsy snd tonfirm unto the MORTGAGEE, its successors and assigna, ell that certain lot, piete or parcel of lend, tituate, lying, end being in the
County of ----~-i'„-= , and State of Florida, ddcribed ef folbws:
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togethtr with all and •ingular the tenements, hereditaments and appurtances fhereunto belonging or in anywise epgertaining thereto, end ell rents, istues,
pratred~ and profiti actruing and ±o accrue from said premises, all of which are included in the ebove and forcgo+ng description and habendum.
TO HAVE AtJD TO HOLD the above described and grented premises unto the said MORTGAGEE, its succeisors and assigns forevtr. And the said
MORTGAGOR for heire, exec~tori, administrators and atsigns, hereby covenants with the aaid MORTGAGEE, its tuttess~rt a~d airigni,
that e~' ° lawfully seized cf vhe said aremises in fee simNle; that the same are free, cleer and discherged from ai! lient and ~nc~m-
orantei in I~w or in equity, and that ~ viill and ° r' heiri shall warrant end defend the titla fo the ~am~ to the uid
MORiGAGEE, itt •uctessors and ai~igns, forever against ihe ~awfui claims and demands of all persons;
PROVIDED, ALWAYS that if tha MORTGAGOR shall pay unto the MORTGAGEE the promistory note hereinbefore destribed and shsfi truly, prompt~y
end fully perform, discharge, exatufr, tomplete, comply with and abide by each and every the stipulations, egreements, conditions and covenantt nf ~sid
t promisaory note and of this Mortgage, then this Mortgage and the Estate hereby created shall tsase and be nuil end void.
IT IS UNDERSTpOD that the word "Mortgagar" whether in the singula~ or plural anyw~ere in this hNortgage, ihall be sin9;;lar if one only ~
sh~ll br plvrsl jaintly end teverally if more than one, and that the word "iheir" as us~ed enywhere i~ thi• Mortgage shall be taken to mean "hi~;' "hen,"
or "itt," wherover the contezt to implies or admits. Also, that wherever there it s referente in the tovenants and agreemants herein tontnined fo srty of
the pertie~ herato, the Hme shell be construed to mean a~ well es the hei!s, legal representatives, •uccesson a~d assigns (either voluntary by aet Of'the
p~rties or invol~ntary by operotion of the law) of the same and thar the cover.ants here~n tontained shall bind and the benefits snd advent~pes in~tn
to the retpective heirt, leqal reprerentatives, s~ccesaors and as~'gns of the par4ilt hereto.
And •aid Mortga9ots, for themselves and their heir~, legal representatives, succeasors and etsigns, hereby jointly and uverslly cavensnt and a9iee
t4 •nd with the said MORTGAGEE, it~ •ucceisors end assigns:
1. To psy ill snd •inpular the prirxipa~ and interest and the variaus snd •undry sum• af money neyable by virtue of said promiisory no!e, snd this
mart~~fls, ~~ch a~d ~v~ry, prarptly on the dayi reipectively the same ~everally become dus.
2. To pay all ~~d tinquler ihe texes, assessments, levies, liabilities, obligations and enc~mbrances of every ndture end kind now nn aaid dastribed
property, w th~t henaft~r may kx impca~d, suffered, piaced, le.+ad, or auessed thereon, or that hereef4er may be lev~ed or e~sessed upon thii Mort¢
~ys, or th~ ind~btedneu tietured hereby, ~ach snd every, whsn due and payable, sccording to Isw, before they btcome delinq~ent, ~nd befora ~ny int~resl
~rtachet or •ny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHARGED Of
RECORD A~~D TH[ ORIGINAt OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY F.NDORSED
OR CERTIFIED) SHALI BE PIACED IN THE HANDS Of SAIp MORTGAGEE WITHIN TFN DAYS NEXT AFTER PAYMENT; end in the event that any thereof i~ not
paid, sst'sfied and dischsrged sa'd MOR?GAGEE may at any t~me pay tht same or any part thereof wi!houf waiving or effecting any option, lie~, rquity or
.iQht under or by virtue of this mortgege and the f~il am~unl of each and every tuch peymem shal! be immediately due and payable and shall bear interes*
F.om ihe date theraof umil paid at rate of nine pcr cer.tum per annum and togNhe~ with suth inttrest fhaH be ~etured by the lien of th;s morgta9e.
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