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HomeMy WebLinkAbout1020 ~ : ~ ~ r 1 v , . r ' AD. 19_~r between TNiS INDE`17URE. Mad~ the-----.-_-~._ day of _____.__T'`nra~-•~~n-9 f? ' ~ , ..tr~.. l? a'S' ...1 n . * • - - Y ~ of r'?1?"1~ i ~1~~~° tounty florlda, herc~naf~er deNgnafed os the "h10RTGF.GOR." and f1k5T FEPER:.L SrVIVGS %.ND tOAN ASSOCIATION OF FORT PlERCE, a corpora!:on o~gani:ed and ex~~ting ~nder the laws of fhe United Statos oi Amer~ro and having ~ti pr,n,ipel p!ace af ~ b~sineas in the Ciry oF Fori Pie~ce, St. luc~e Counry, Flor.da, hereinafter desiqnated a• the "MORTGAGEE." ~ good and lawf~l mcrey of the Un ted ~ WHEREAS the MdRTGAGOR is juxtly ~ndab•ed to fhe MORTGAGEF. in the eum oi 5~~~,_ States advantrd by ihe ldORTvAGEE ~ntu the "~10R1GAGOR, as evldenced by a certain promi~sory note uf even dare herew~th, o! wh'ch the fellow~ng ~n words and fig~res is a trve [opy, tawi~: 1 °z ~~r~~~n No~~1 ` \ Tln..~rnl~pY+ I~ i _19 ~ i fart Pierce, Florida, fo~ val~~e ieteived, I, we or e~rhe. of ~s prorn:se to pay, witho~t dafaltation, to the order of FIRST FEDER.4L SAVINGS AND LOAN ASSOCIATION Of Z 7nr~ ~lrl E, FORT GIERCE at Furi Pierce, Floridn, the s~m of 5---~------~ w~th i~iterest from dare at the rate of per nnn~m, in monthly ~nstall- c7 n 1 ~-1. T ~ 2 .tt t+.~r ~l menrs as foi:ows: S______.a.________ on the day of 19__~_ nnd a like sum on the ~orrespc~d~ng day of ee<h month there- afrer ur,~~l the whole be fu;iy pa~d. Each ~ns~aliment fi~st shall be app!:ed in paymrnt of !he interest and ihen on ihe unpa~d balance of the print~pal sum. If defauh is mede in the ;~a~rnrn! of any insta!!man~ when due, ar.d wch defau,t com~n~es 30 ~1ays, then at the option of ihe holder, and without eny other notice, ali the remain~ng insta!~mevtts shail br ~iue ard payab'e at once. ?r~viieye is g~ven ta prepay ihis note in whole or in part at any time without penalty. 'Neither forebearen~t, d r-. payment char e of S ' shall be nor acceptance by the holder t:~ereof afrer any default in any p y..ents hereon, shall be deemed ezrension. A lafe g ~ added to each irstailment remaining unpa:d 7 days aiter its ~ue date, and e!ike sum shall be added fu each s~ch instailment remaininfl unpaid 7 days after each xvcceeding payrrent dare. Each rnake~, surety and endcrser hereof, joinrly and severally, wa:ves demand, presentment protest and nctice of protest for ncnpayment, and further egrees to any ext.~ns~on of tirr.e of payment, ei~her before or after maturity, wifhouT not;ce to any of us; and to pay all costs of colle~tion, ir.c!ud:ng a reawnabie arrorney's fee in +hc evem of any defai;!t hereunder, ar.d he~eby seve~ally ~vaives all bene.'it of homeetead and exemption under the canstitulion and laws o! each State oi the Unlted 5'a~es, as ay~insr this obllgntion or any extension or renewal hereof. ~V~tness the hand and seal of each pairy. ' / n .1 ? ~ n c q ~ r~ , a . ~ a_ T(~E~l) _ (5EAl) (SEAL) (SEAL) ~ r~ • ) State Reverrue (Sramp• cancelled on original note) ~ . n~ , and the rformence of the NO'.Y, ?HEREFORE, the MORTGAGOR for the purpose of securing payment of aaid sum of 5.~1 pe covenants and agreemenrs hercinafter expressed, snd for divers good and veluable wnsideretioi~, by these p:esents, does grent, bargain, tirli, remise, release, convey end con~rm T to th; ~MORTGAGEE, its succ^ssors and assigns, all that certein lot, piece or parcel of land, tituate, ly+ng, eod beirtg in ihe C'ounty of ' and State cf Fbr~de, described a~ follows: ~ 1'; l n„. ~ t~ . ln T~ :7 m 1 l c c. » o}: t'.~ n a i-, ` r n., ' ~7 p-i . , ~ ~ s < . , ~ ~ t- T2 .-,'r l ~ . ~ c "2 "7 R ~ T~ • 7 ti. ~ i y, r_ n,-, -,i • rl f' 1, t- T 11 ^ i p . ~ f t ^ , , ~F . l i ~l ~ T " . . , - . , ~ S Ifai C. t-LU{-~IL~,~1 ~ , c.i ~ DOCUMENTA!?" STAMP TAX . ~ ...._..,.•.t°T.-~ _ _ . ~ - DEC-6'65 J2;~ - ~ _ • . :,r ~ = ~t t, ~ 5 8 5= ~t _ , ~ COMPTRG! LER\ R~,`~'`'~ ~ _ ~B.19J138 ~~~~b~~ . NfYi~; ( rt,~ctiC ~ ~Y together wifh all and singular the tenement~, hereditaments and appurtances thereunto belonging or in anywise appertaining ihereto, and all rents, issue~, proceeds and prufits accru~r.g and to accrue from saic~ premises all of which are inciuded in the above end foregoing description and habendcm. TO NAVE AND Tq HOLD the above deicribed and grented premiae~ unto the said MORTGAGEE, its ~uccessors anc' asiigns forever. And th~ said 1lt C MORTGAGOR for heirs, executors, adminiatrotors ar.d assign=, hereby tovenan's with the said MORTGAGEE, its succesiors snd ~aigns, t-. ~ ~ G that lawfuliy seized of the said premises in fee •imple; that the tame ere free,. clear and dischnrged from a1.1 liens and encurrr bra~ces in law or in equity, and that_ F' wiil and l~ Z° - . heir~ shsll wnrrant and deFend the title to the •emc to she ~aid h10RTGAGEE, its successors and assigns, forever egainst the lawful claims and demands of •II persons; FROVIDED, ALWAYS thnt if tlie MOSt1GAGUR shall pay unto the MORTGAGEE the promissory rwte hereinbefore detcribed a~d ihall truly, pramA~~Y and fully perform, discharge, execute, complete, corr~ply with and abide by each an~ every the atipulationa, agreertients, conditiQns and covenents of said prom~sscry note and of this Mortgage, then this Mortgaga and the Estate hereby created sfiall teese ard be null and void. Ii IS UtvDERSTOOD tnat the word "Mortgagor" whether in the si~gula~ or plural anywhera in thit Mortgage, shall be singular if one only snd aha!I be plurol joiMly and severo!ly if more than one, and lhat the word "their" as used snywhero in this Mortgage shali be taken to mean "his," "hera,' or "its," wherever the context io impiie: or admits. A~so, that wherever there i• ~ reference in the tovenant~ snd agreements herein c~ntained to any of the parties hereto, the ssme ahall be construed to mean as vveil as the heirs, leqal rspresentstivet, sut<eston and assigns (either voluniary by act af the par!ies or involuma~y by operation of the law) uf the same and that the covenants herein contained ahal! bind and the benefiit and edvantaqes inure to the respeclive heirs, legal rep~esentatives, successors and asrgns of the partiea hereto. And ~eid Mertgegorx, for themselves and thein c~irs, iegal representetives, Yutces~ors and asaigro, hertby iointly and xeveraily covenent and a~ree to and with th,e •aid MORTGAGEE, its sucteisors and aasiyns: 1. To pay all and singular !he principal and interest and the variou~ end turidry suma of money peyab~e by virtue oi said promissory note, and thi• mortgage, each end every, promptly on the dayf respectively the ~ame ~evstelly become due. 2. To pay ali and ~Ingular the tazes; essessments, levies, lisbili~irs, obiiga!:ons and encumbrantes of ever•/ nature and kind now on •aid described property, or that hereafter may be impoted, suffered, plated, levied, or auessed thareon, w that hereafter may be levied or sstessed upon ihia Mortg- age, or the indebtednesi secured hereby, each and every, when due and pay~ble, suordinq to law, beforc they btcome delinquem, and before any intereat artaches or any penalty is incurred; AND INSOfAR r,5 RN`( 1HEREpF IS OF RECORD THE SAME SHAII bE PROMPTIY SATISFIED ANO DISCHARGEO OF RECORD AND THE ORIGINAL dFFICIAI DOCUMENT (SUCN A5, FOR INSTANCE, THE iAX RECEIPT OR THE SATISFACTION PAPER •OFFICIALLY ENOORS@D OR CERTIFIEDi SHAII BE PIACEG IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX~ AFTER PAYMENT: end in the event that eny thereof is not pa~d, sat'sfied and di:charged sa:d MORTGAGEE may at any time poy the same or any part thereof without waiving or affecting eny option, lien, equity or ~iyht ~~nder or by virtue of this mortgage and the fu11 amount of eath and every such payment fhafi be irnmediete~y due and peyable and shall be~r intarett frem rhe date thereof unril paid at rare of nlne per cenrum per ennum ~nd tog th r w~th such inte~est sfiall be secured by the lien of th'a morg+sge. 6Qf.~s~ R