HomeMy WebLinkAbout0564 ~ l~t)5~~.vr
THIS INDENTUpE, Mad~ ths ~~n'~ d~y of ~~n y f'•»'~ `Ft` A,D. 19 „ k»tw~rn
~ `vtTlPt~p• "~T''tAT'I~T'~ Ri?~s 7pCi~ 3 ~~1,-~y,~ aq ^!,I'C`(~rs~tT ~T!
of ~~`t T i~ri r' Covnty Florida, hareinsft~r de~gnsted a~ the "MORTGAGQR," and FIRST FEDERAL SAVINGS AND LOAN
ASSdCIAT10N Of FORT PIERCE, • torpor~tion orga~iied and ezi~tin9 under the law~ of the Unittd 5tatas of Ainerica •nd havirq ft~ princip~l pl?c~ of
bwin~a t~ tfw City oi Fori pi~rc~, St. lucie County, Florida, hareinaftar desiynated es ths "MORTGAGEE:'
~~n n~
WHfREAS ti+~? MORTGAGOR is ju~tly indebt~d ?o ths MORTGAGEE in the sum of i • good and lawful maney of the Unlted
Stafe~ advanced by the MORTGAGEE unto the MORTvAGOR, as evidenced by a certain promiuory note of even date herewith, of which 1he followin9 in
word~ and f' ura i~ a trw copy, ~o-wit: 1~~ 1~~
= 1 ~.~~00
_
T`,~ V n..,1~ p r 7`) 1~ n~
Fort Pieres, Florida, - ` ~
For value received, I, we or aither of us, promise to~ay,lwithout defaicetion, to the order of FIRST FEDERA~ SAYINGS AND LOAN ASSOCIATION OF
FpRT PIERCE at Fort Pierc Florida, the sum of f 1~~ •!ln _ w;th inr r st from date at the rate of ~ % per annum, in monthly instali-
ments a~ foliow~: S ~~a ~ on the ~ t day of ~ " la~~_ end a like sum on the corresponding day of each month there-
after unril rhe whole be fuliy paid.
Each installrtient fir:t shall be applied in payment of the interest and then on the unpa~d balance of the princ~pal sum. if defeult it made in the
peyment of any installmrnt when due, and such default continues 30 days, then at the optian of the holder, and ~,~vitho~t any other notice, all the remeining
instellmenti •hall be due and payabte at once. Privilege is given to prepay this note in whole or in pa~t at any tirr~e without penelty. Neither fortbe~rance,
nor actepience by the holder thereof after any default in any payments hereon, shall be deemed extension. A!ate payment tharga o` S~'- •~~~,~hall bs
edded to eath in~t~llment remaining unpa~d 7 daya after its due date, and a like sum shal! be added to each auch instailment remaining unpaid 7 d~yt after
each succeeding payment dete.
Each maker, surety and endorser he~eof, joinNy and severally, waives demand, prasentment protesl end notice ef protat for nonpayment, a~d further
agrees to eny extension of time of payment, either before or after maturity, without not~ce to any of us; and to pay a~l costa of collection, includiny a
reaianeble atrorney's fee in the event of any defauN hereunder, ar.d hereby sevErafly waives ail benefit of homestead a~d exemption under the constitulion
end laws of each Stete af the United States, as aga~nst this cb~;gation or any extension or renewal hereof,
Witness the hend end ~eal of each party.
C~ r~ rl ~ t t' P L'n y a n•-~ r~ T j't r± ~ (SEAL)
R•.r • ~ ~~i,-~ ril A o r~ T_P1 ltr n~~g
o a!~ • e R n. r n p A ~a t~. "~1l)
- - T a ~sea~)
Z I ' r (SEAI)
t ~
) Sfa!~ Revenue
(Stamp~ cencellad on oriflinal note)
NOW, THEREFORE, the M(~RTGAGOR for the purpoae n` securing payment of said sum of S~~9 , and the prrfarmance of ih~
tovsnant~ and sgre~msnrs heroinafter axprcased, and for divers gc+ed and velueble con~iderot~ors, by these presents, dcea grant, baryain, tell, remise,
releaie, convay •nd confirm unto the MORTGAGEE, it~ successors end essigns, eil thet certein lo~, niece or parcei of land, tituate, lying, end being fn the
~ ~
County of ~ n± n end State of Florida, described e• follows:
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E~ ` i ~ Luc+~ ~'+un; ~fyx Cc~i~<icr
~ Cr+MoTRvLLER ~ / _ S1. . / ' _ -
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LLt~-GG'C.~
By
o~r~:Y 4L~kn
togrther witfi ali and singular the tenernents, heredltaments and appurtan<es thereunto oelonging or in anywite eppertsining thereto, and e(I rentt, issues,
proceeds and profitt accruing and to accrue from :aid premiaea, all of which are intluded in the ebuve and forepoiny descviption and habendum.
TO HAVf RND 70 HOLD the above dexcribed and gran:ed premiset unto the said MORTGAGEE, iti successon and essigns forever. And the uid
MORTGAGOR for }-i------.-. heirs, exec~tori, administrators and assigns, hereby covenents with the asid MORTGAGEE, it~ sutcassors and assiflns,
that - i
t--1-`; Iewfully ~eized of tho said premises in fee fimple; that the tame are free, clear and diicharged from sil liens end ~ncurr~
brancti in law or in ~quity, end that- { r will end i t`~ _ heirs thell warront end defend the titla to the sam6 to th~ utd
MORTGAGEE, itt succefsort and ssiigns, forever egainat the lawfui cleims and demands of a!I perions;
PROVIDED, ALWAYS thet if the MORiGAGOR :hail pay ~nto thc MpRTGA^vfF the promisiory note hereinbefore described end 4h~ii trvly, promptly
and fully perform, d~scharge, exec~te, complete, comply with and abide by each and every the stipvletions, agreemanta, ta~ditionf and covanant~ of said
premi~tory not~ and af this Mortgaye, then thit Mortgage end fhe Estate hereby created ihall cesse and be null and void.
IT IS UNDERSTOOp thal the word "Mortgagor" whether in the singular or pluref anywhere in this Mo»gege, tbail be singuler if one only i
ahall be plvr~l ~ointly snd Nvar~lly if more then ona, and that the word "their" as uted snywhrre in this Mortgaya shall be taken to maan "his," "hen,"
or "its," wherev~r th~ tontext w implies or admits. Alio, that wherever there i: a reference in the covenantt and agreementi herein contained to any of
rhe partie~ hsreto, ths sams sh~?! bs constr~ed t~ mean e: well as the heirs, legal r~presentativci, succssaor• snd asiiyna (either vol~ntsry by act of th~
pariiet or invol~ntary 6y oper~tion of the law) of the seme and that the covenent~ herein contained shell bind end the benefits a~d sdvint~yes inure
to tFs~ rttpertive h~iri, Irpil representstives, succaators and est~gns of the partiei hereto.
And tatd Mortqsqors, for themtelvei e~d their hein, legel representetives, sucsescors snd assigns, hereby jantly and severally covenant •nd agroe
to •nd with tfi~ said MORTGAGEE, its iuccesiors and as:igns:
1. To psy ali ~nd ~inyul~r the prirxipel and interest and the verious and sundry sums of money payable by virtue of seid promissnry note, +nd this
monflsqs, ~ach and ~v~ry, pranptly o~ the day: re~pectively the ~ame severally becQr»r due.
2. 7o p~y •11 and se~gvlar ths t~xes, sssessmentt, Itvies, liabilitie~, obligations and ancumbnntes of every natur~ and kind now on said d~acriba~d
prop~rty, c~ that h~ro~ft~r may be imposed, suffered, placed, levied, or aussssd ihareon, or rhat hereefter msy ba levied a asaK~ed vpon this Mott9-
~q~, w tM (ndrbtednau secur~d lyereby, ~ach ~nd ewry, whan dua and peyable, accardiny to law, befwe they become dellnquent, and b~for+ any intersst
attaches or ~ny pen~lty is inturred; AiVp INSpFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIEp AND DISCMARGEd OF
RECORO AND THE ORiGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFRCTION PAPfR OffIC1A1tY fNDORSED
OR CERTlFIED) SHALI 8E PLACED IN THE HANDS Oi SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; •nd in the evsnt that any thsreof it not
paid, tst'tfied and ditch~rged taid MORTGAt;EE may at eny tima pay the iarra or any part thereof without waivi~9 or affettiny any option, lien, eQuity or
.iqht une~er or by virtue of this mo~tqage and the fuN amount of each end avery such payment sha!! be immrdiately dve and payable snd sh~ll bsar interaft
f~om the data th~reof ~rntil paid at rate wf nine per centum per annuml~n~ t ether with such interest shall be secured by the lien of th:~ morflta~.
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