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HomeMy WebLinkAbout0616 1 - i! (1 ~ ~ TH15 INDENTURE. M+d~ tM~~~th dsy of November A.D. 19~[..:~, betwesn _ Snnhia Mixitin.,--~ •-~j _ - - af ~Jt. Lucie Caunty Flo~~da, hereinafter defignated es the "MORTGAGOR," and FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATION OF fORi PIERCE, • corpwstion o~ganized snd ex~sting undar the lews of the United Staws of Americ~ end having iti principa{ plste of bukineu in the City of Fort Pi~res, St. Lutie County, florida, hereinafter de~ignated as ths "MORTGAGEE." WHEREAS fh~ MORTGAGOR if justly indebtcd to the MORTGAGEE in the sum of 3- li-~~ • 00 , goed and lawful money of the Uniled Statei advanced by the M;~RTGAGEE unto the MORTGAGOR, as evide~icad by a certain promissory note of even date nerewith, of wh~ch tha fullow~n9 in words and figurot it a true copy, to-wit: No 1~~ 1 O 1 ~ 1~ 1QQ.40_ ry c~~,~ Fort Pierce, ~io~~da, _ November G~ _-19_L',~ For val~e received, we or either of va, promise 1o pay, without defaication, to the order oi fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, Florida, the sum of E~y,~ 1 t 100 with interest from date at the rate of -SL_°o per annum, i~ monthly instell- ment? es fol!ows: S 1 • on nc~ _...irLStl+ciay of _-~T8L1llSZ`Y~__, 19~CL and a like sum on the correiponding day of each month there- etter until the whcie be fuily paid. fach instalfinent first shal! be applied in paymant of the interest and then on the unpaid balance of the princ~pal sum. If default is made in the payment of eny instaliment when d~e, and tuch default continues 30 days, then at the option of the haider, and without any other notice, all the remaining instaltmente shall be due and payable at or.ce. Rrivilege is given to prepay thii note in whole or in part at any t~me without penalty. Neither forabearance, nor ecceptance by the holder thereof after any default in any payments hereon, shall be deemed exrension. A late payment chsrge of $1 • sh~ll be edded to eech imtal!ment remaining unpa~d 7 days after its due date, and a li~e sum shall be addrd ro each su:h installment remaining unpaid 7 day~ aher each sutceeding paymtnt date. Each maker, surety and endorser hereof, jointly and s?verally, waives demand, presentmem protest and notica of protest for nonpaymant, and further agrees to any extension of t~me of payment, either before or after maturiry, without notice to any of us; and to pay all cosis of coilection, including a reasonabte at?orney's fee in tha ever.t of any default hereunder, and hereby severa!ly waives all benefit of homestead and examption under the conttitution and laws of eath Stare of the Un~red States, as aqainst ?his obligation or any extension or renewal hereof. Witness the hand and seat of each party. /9~ so~n~.a M~,~~~~, _ ~S~A~> a W i aow (SEAL) (SEAI) (SEAL) ( 1. 6~ 1 Stata Revenue (Stamps cantelled on oripinei note) NOW, 7HEREFORE, the MORTGAGOR for the purpose of sec~ring payment of said sum of S 1~ 1~0 , and the performance of the covenants and agreementi hereinafter expressed, and for d~vers good and valuable considerat~om, by theae presents, doet grent, bargain, sell, rrmise, release, convey and conf~rm vnto the MORTGAGEE, its successors and ass~gns, eii that cerfain lor, piece or parcel of land, tiruate, lying, and beinq ln the Co~nty of S~ and State of Fiorda, de~cribed e• follows: Lot Biocic i, LINDAS HILL SU~3DIVISION, as per plat t.lereof on file in Plat Book 9, ~age ~'6, of the public records oi" St, Lucie County, ~leride,`/ 1 l S Il-~! t= `,`.,.,.r,g.1 ~ - - ~ t- L lU f-~ i U - - - - ~ ~ . ~ U` oocu;~~c~r~~~~~; ~rf~r.~~ rax , . . ~ _ ?~ovzs~6:/~~ ~ ` 1.~ ~ • . ~ '1~' ~ ~ - ~ r : ~`=t °7R~! _t-~~~ - 1 U r,.•~. ' f)I~I.~~1z9 ` = ci.~l~.i~'s,1~'-':f''/ IG<._::`:'s<`,.;t - f~ ~ ~.[~G,~~,l.~-t._~ _ g f ~ : . . _ r. together with ell and singular the tenements, he~editaments and appurtances thereunto belongirg ar in anywise appertaining thereto, and all rents, iuues, proceeds end profita accruing and to accrue trom said premisee, ail of which are included in the nbove and foregoing description end habendum. TQ HAVE AND TO H4LD the above described and granted premises untn the said MORTGAGEE, its ruccessori and essigns forever. And th~ uid MORTGAGOR for ---~e-Z----- heirs, exer.utors, administrntors and assigns, hereby covenents with the ssid MORTGAGEE, iti suc<eisors and sssiqn~, fhat lawfully aeized of !he said premiae: in fee simple; that the same are free, clear and di~charged from ail liens and enc~~m- b~ancet in law or in aquity, and that sh~ wiil and he r_ _ ne~~. shall warrent and defend the titia to the same t+~ the taid MORiGAGEE, its succesaora and assigns, forever against the lawful claims and demands of all peraons; FROVIDED, AlWAYS that if the MOPTGAGOR ihall pay unto the MORTGAGEE the promissory note hereinbefore described and ahail truly, ~ramptly and fully perform, diatharge, exetute, tomplete, compiy with and abide by each and every the stip~lations, agreement~, <onditions end covenants of said promistory nete and of thi• Mortgage, then this Mortgage and rhe Estate hereby created shall cease and be r.ull and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plurat anywhere in ihis Mvrtgage, ~hall be singular if one onl~ •hall be plural jointly and sever~ily if more than one, and thet the word "their" a: used snywhere in this Mortgage shall be taken to mean "his," "hers," or "iti," wherever the context so implias nr admits. Alio, that wheraver there is a reference in the covenant~ and agrcement~ herein conteined to any of the parties hereto, the ~ame shsll be construed to mean as weil as the neirs, legal representatives, successors and eeiigns {either voluntary by act of the perties or involuntary by uperstion of tfie law) of the same and that the covenant• herein cnntained shall bind and thr benefits end advantages inure ta the respective heirs, Isqal repretentatives, successors and ass'gns of the parties hereto. A:~d taid Mortp~gors, for them~eives and their heirs, legal representative~, sutcessore and asiignt, hereby jointly and severally covensnt and agree to ensi with the ~aid MORTGAGEE, its succesiors and aasigns: 1, T~ pay •II snd •inyular the principal and in+erest and the various and •undry sums of money payeble by virtve of said promissory note, snd this mortgaQe, ~ach and every, promptly on the days respectively the same severally become due. 2. To p+y all ~r~d singuler the tsxes, esscisments, leviss, liabilities, obligetiflni snd entumbrance~ of svery nature and kind now on eaid deuribed property, a th~t hsreaftsr may ~e imposed, •uffered, placed, levird, or sssessed thereon, or that hereefter may be levicd or essessed upon thi8 Nbrtq- ege, ar 1M indebtednesa tecured hereby, esch and every, when due and payable, sccording to Iaw, before they become delinquent, an~ before •ny interett attac~+es or sny panslty is incurred; AND INSOFAR AS ANY 'fHEREOF I5 OF RECORD tHE SAME SHALL BE PROMPiIY SATISFIED AND DISCHARGED GF RECORD AND THE ORIGItvAI OFFICIAI D~CUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPY OR THE SATISFACTION PAPER OFFICIALLY Eh:DORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID irIORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof it r.ot peid, setiffied snd dittharged ~aid MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, eq~iity or riqht under or by virtue of this mortgage end the f~ll amount of each and every such payment shalf be immediately due and payable and shall bear interest ~rom the da!r thereof until paid at rate of n+ne per centvm per annum and tugether w~th ~~ch interest shall br sec~red by rhe lien of th.s morqtafls. BOCK ~Q