HomeMy WebLinkAbout2177 j~~ I l f t',':~
THIS INDENTURE, Mad~ tM ~,t:l day of ,~C~'!'':~1'J`3T' A.D. 19_~~ be+w~en
Li~V'__~ l~J:`~ :1 A:11] t~TiI1? l.'JI1'':1,~ 9 W' i"
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~ of ~~t Covnty Floride, hereinaftsr de~i9natcd ai 1he "h10RTGAGOR," end fIRST FEDERAI SAVINGS AND IOAN
~ ASSQCIATION OP fORT PIERCE, •:orporotion organized end exiit~ng under the laws of the United Stetos of Americe and haviny its principel pl+c~ of
~ bwinss~ in th~ City of For~ Pisrca, St. l~cie County, Florida, hereinafter deai9nated a~ the "MORTGAS,EE."
WHEREAS th~ MORIGAGOR ii ju~tly indeb9ed to the MORrGAGEE in the sum af E 1 r-=- ' J~ 9ood and lawful money of the United
Srotri edvenced by the MORTGAGEE unro the MORTGAGOR, as evidenced by a certa~n prom~ssory note of even date herewith, of which the foU~w~nfl in
worda and figures i• e trw copy, to-wit:
~ = 1 ?
. 5 o , oo ~-13.~--
Navemh~r ~06`~
Fort Pierce, Florida,
3i
for value received, 1, we or either of us, prom~se to pey, without defalcation, to the order of fIRST FEDERAI SAV`INGS AP~D IOAN ASSOCIATION OF
FOR? PIERCE at Fort Piuce, Florid~, the eum of S- l~~-~~~' w~th interest from date at the rate of _Cl _°o per annum, in monthly install-
l~ ~ 1'>t~l C'P,:?2'L1AI,.ti'
ments a~ fo~!ows: f--__~__ On ihe day of 19___ ~ and a like sum on the corresponding day of eath moNh there-
after until the whole be fv!ly paid.
Each installment firxt shall be appliad in payment of tht interesf and then on the unpaid balance of the princ pal sum. If default is made in the
payment of any instaliment when d~e, and such defa~tt con~inues 30 days, then at rhe opt~on of the hoider, end without any other not~ce, all the remaining
installments shall be due and payable at once. Privilege is given to prepay ihia note in whole or in part at a~y time without penalty. Neither forebearance,
nor ecceptance by the holder thereof aher any default in any payments hereon, shall be deemed extens~on. A lafe payment charge of f~• 2~' shall be
added to rach instatiment remaining unpa~d 7 days after ita dua date, and a!ike surn shall be add2d to eath such instal~ment remaining unpaid 7 day~ after
each tiucceeding paymeni date.
Each maker, surety and e~~dorser hereos, jointly and seve~ally, waives demand, p~esentment protest end no~:ce of protest foi nonpayment, and funher
agreef to ~ny eztension of time of payment, either befere ~r after maturity, without not~ce ~o any uf us; a.:-~ to pay al! costs of colledion, including e
reasonabie artorney's fee in the a~ent of any dcfauit hereund~r, and hereby severally waives all benefit of homestead and exen;ption under the constitutian
end lawt of each Stete of thc United States, as aga~nst this obt~garion or any extens~on or renewal hereof.
Witneis the hend end sea! of ea:h party.
.S I19'd ~ t~ v O rl i ($EAl)
Aniie ~.G~1°21 (SEAL)
(SEAL)
(5EAl)
r ~h - i O ) Stete Revtnue
(St~mp~ tencalied on originaf note)
NUW, THEREfORE, the MORTGAGOR for the purpose of se<vring payment of sa+d sum of j 7~• 3~~~ and the performance of the
tovenants a~d agreementi hereinafter expressed, and for divers good and valuabin considerations, by tfie~e prssents, dces grant, bergain, sell, remise,
releat~, convey and confirm unto ihe MORiGAGEE, its successors and assigns, nll that certain lot, piece or parce~ of land, •ituate, lying, end being i~ the
County of ~.r...., ~-?1" 1"- - - and 5tate of Florida, dearibed a• follow~:
!,ot 7 .310~^~. c~ -iv'.:~C~i~, a s~_~;~r:~_vision A.ccordiri: ;.a t'~e ~lat rn°^A~f
~•~~r~,••~~::: 1.?7 : 1_~t } 1+~ ~ J:,1~I1C re^OPC~S O: .it. L'~GI': vO:Li1t'~'~
:~'l.or~d~,
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~ ~ gNS Of S RXGi _ _ n
~ ~N PRYM Rn9ER~Y•
yr~ALE Pr~S~~~~ Q41. W}. ~T/4 C" C~ ~1 i i.'I~i
p~cE~VE~I~ss•HF'p~~R2~;za.:,:,_ ~ F- DOCUhiENTAC"_ < <
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St. !JG~`~~ UEPUTY CLXPIK
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!ogether with all and sinoufar the tenementa, hereditaments and appurtances thereunta belonging or in anywitc appertaining thereto, snd all rentt, issues,
p~oceeds snd profits accruing and to accrue from aa:d premises, ail of wh~ch ere included in the above and forcgaing deicriptian snd habendum.
TO HAVE AND TO HOID the above described and granted premises unto fha iaid MdRTGAGEE, its tuccetaors and assigns forever. And /F» uid
MORTGAvOR for heirs, executors, administrators and essigns, hereby covenants with the said MORTGAGEE, its succeasors end usiyru,
that lawfully :eized of the said prerniiei in fee simple; that the isme ere free, cleer and discharged from ~il fien~ snd ~ncvrrr
broncet ~n law or in equity, and that~~_ will and ~11:~.='- heirs shell warront and defend the title to the tama to the wid
MORIGAGE£, its successors and eisigns, forever egainst the lawfui ciaims and demands of alt person~;
PROVIOEO, ALWAYS that if the MORFGAGOR shail pay unto the MORTGAGEE the promiifory note hereinbefore descrilxd snd shail truly, promptiy
and fui!y perform, diatharge, execute, complete, comp~y with and abide by ench and every the stipu~ations, agreements, conditions and tovenants of iaid
promistory r.ote •nd of this AAortgage, then thii Mortgage a~d rhe Estate hereby created shell cease and be t+ull and void.
IT i5 UNDERSTOOD that the word "Mortgager" whether in the 3~ngular or plurol anywhere in this Mortgage, shali be sin9ular if one o~ly j
thall be plural jointiy end taversily if more than one, and that the werd "their" es used anywhere in thi~ RAortqage •hail be taken to mean "hia," "her~,"
or "i+i;' wherevet the context so implies or admits. Also, that wherevar fhere is a referersce in the covanants and agreementt herein co~tained to any of
the parties hereto, the same thall be construed to meen as well as the heirs, legal reprrsentatives, succesiors and assigns (either voluntary by ect of the
parlias or i~voluntary by operstion of ihe law) of the same and that the covenantc herein tontained ahall bind end fhe benefit~ arsd advsnteQss inurs
ro the rsspective heir~, legsl represcntatives, suaesaora and ass~gns of the parties hertto.
And ~eid Mortgagori, for themtelves and their heirs, legal representatives, successora and assigns, he~eby jointly and ~evera!ly covenant and agree
ro and with the uid MORTGAGEE, ita successor• and assigns:
1. 7o pay •II and tinQul~r tha prirxipal and intereit and the var~ous snd sundry sums of monty payable by virtue of said promissory note, end thi~
mortq~ye, tach •nd every, promptly on the deys respect~vely the •ame sevorolly txcome due.
2. To pay all and ~ingvier the taxea, assessmentt, levies, liabilities, obliget~on~ and encumbrances of every nature and kind now on uid deuribed
property, ot th~t h~rea'ft~r msy be imposed, suffered, placed, levied, or eueised thereon, or thst hereafter may be levied or astes~ed upo~ thit iMwt¢
aq~, w th~ indebtednei~ secured heraby, e~ch and every, wfien dve snd payable, according to law, before they become delinquent, and before any interes~
ettachet or any penalty is incurred; AND INSOFF~R AS ANY THEREOF IS OF RE~ORD THE SAME SHALL BE PROMPTLY SATlSFIED AND DISCHARGED OF
RECORD /AND THE ORIGItJAI OFFiCiAI DOCUMENT (SUCN A5, FOR iNSTANCE, THE TAX RECEIFT OR THE SATI$FACTION PAPER OFFICIAIIY EN~ORSEO
OR CERTIFIED) SHALL BE PIRCEG IN 7HE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thet sny thereof is not
pa~d, set'3f~ed a~d d~scharged sa d MORTGAGEE may at any t~me pay the same or any part tfie~eof wilhout waiving or affecting a~y option, lien, equity or
.ipht under or by virt~~e of thit mortgege and the full amounr of each and every such payment shali be immed:ately due and payable and ~hell bear interest
~.om the dete thereof unti) paid at ~ate of nine par ctntum per annum and togNher w~!h s~ch interest shall be secured by the iien of th's morqtaqe.
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