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HomeMy WebLinkAbout1024 O + ~ ~ , ~ ~ j'~ ti ~ ( y Th1iS IiJDENTURE, Mad~ tFw~th _ day o~ _NOVetriUeT` A.D. 19~ betwren S t an1 e v .I r; v e r e t~__.~~ ~ mm A M r v e r e t t, hi~~„tiSsT-~.-- of 5~ - i.LlLS~~ Covnty Flor~da, hereinafter designated ai the "MORTGAGOR," and NRST FEDERAL SAVING5 AND LOAN A:r$OCIATION OF FORT PIfRCE, e corporation organized and ezi~ting under the lawa of the Un~tod Stataa of Americe and having its pf~ncipel place of but;ne~• In ths City of For1 Fi~rce, St. Lutie C~unty, Florida, hereinafter deaiy~iated as th: "MORTGAGEE." WHEREAS the MORTGAGdR is jvstly indebted to the MORTGAGEE in the surn of 5-~-~Q----~ gO°~ and lawf~l mor.ey of the Un~tad Statea adver.ced by the MORSGAGEE unto the MORiGAGOR, as evide~~ced by a certa~n promissoty nore ot even ciate herewith, of wh~ch the foflowinfl in wordi and figuret it a trw copy, towit: ~ . ~ 200 . oU 13.18 Fort Pierce, Florida, Nvvemb~r ~7~ 19.~ for value recei•~ed, 1, we or either of us, promise to pay, without defalcatEon, to the order of FIR57 fEDERA! SAVIPJGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the avm of S~_?~~ - w~tii inteLreLsr frorn date at the rote of 6°o per annum, in monthly install- ments ai foi!owi: S-2~ ~ Q~ - on the ~ th dey of _ M~I'Ch )9__5~z_ and a I~ke sum on the corresponding day ot each mo~t!~ there- after until the whole be fuliy paid. Each installment firat shall ba appl~ed in payment of the in~erest and then on the ~nNa:d balance oF the p~~nc'pal s~~m. If default is made in ihe peyment of any installment whrn due, and such default conrin~es 30 ciays, then at the optlon oF the ho!der, and without any orher notice, all the rernaininy installmenh ihal! be due and payable at once. Privilege is given to prepay this note ~n whole or in pa~t at anv time without pe~alty. lVeither forebearance, nor acceptance by the holder thereof afiter any default ~n any paymentl hereon, shall br deemed ext~~nsion. A late ~ayment charge of bl • 1~ aheil be added to each initallment rerriaining unpa~d 7 dryx afrer its due date, and e I~ke sum sha~l ba added to each s~ch installment remaining unpaid 7 deya efter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, wa~ves de~~and, presentment protest ar.d notice of protest for nonpayment, and furthet agreet fo any extension of timc of payment, either before or aher ma!urity, withuut nutite to any of us; and to pay all costs of coilection, includ~ng a reasonable attorney's fee in the event of any defautt hereunder, and hereby sever~lly waives all benefit of homestead and exem~tion urder the c~nstitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witnesc the hend and seal of esch party. S StAT11.eV J. EVeI'@tt _ (SEA!) S Emma M ~;veret~ _ ~seA~> (SEAL) ~ (SEAI) ( ~ Stete Revonue (Stampi cenc~~led on ori9insl note) , ~~n IVOW, THEREFbRE, the MORTGAGOR for the purpase of securing payment of said sum of E-s--s-~-~-Q~- , a~d the performance of the co~enantt and agreements hereinafter expressed, and for divers good and valuable consideretions, by 1!~ese presents, dces grant, bargain, sell, remise: releasa, tonvey and confirm unto the MORTGAGEE, its succeasore and assigna, all that certa:n lot, piece or parcel of lend, situate, lying, end being in the County of ~ t. LUC 1 A and State of Flori~a, deicribed ei follows: The 5outh 7~ feet of Lot l,~ and ~r,e South 7~ feet of Lot lb, Block 1l~, SILVER LA~ PARK ADDITION, as per plat thsreof recorded in Plat Boak 10, at pag~ 8, of the publi.c re~ords nf St. Lucie Courity, Florida, 7. . . - ~y~ . _ ~Yr~ ' ' :rt. , , : ~ . , ~1~~.~. ~ ~ I~-11 ~ t-LUF-~IU~ . - ~ ~ DOCUMENTAp~ STar~fP TAX ~ ~ . , , . ~ - ~ - OEC-G'65 z,~F ~.ky~ - ~ . ~r " :I_.~_ _\..1 1,~ ~ ~j ~ t,l:'.~Li ^ , y, V1 ~ COM?TRi.LLE7 =J~ v J O-J Si. / - ~ v P.B. ~4o,3s ~~~~~.~~y= - a~ ~Fr r.::;_~~ together with all and tingular the tenemert~, hereditaments and appurtar-es thereunto belor.ging ar 6n anywise appertaining thereto, end ell rents, istue~, praceedx end profits atcruing and to accrue fram said premises, all of wF.~ch are included in the above and foregoing desaiption and habendum. TO HAYE AND TO HOLD the above described and granted premi~es unto the said MORTGACEE, ita suctessors end ass~gnt forever. And the taid MORTG~AGy,O°R fw heirs, executors, adminisrrato~s and ass~gns, hereby covenant• with the said MORTGr1GEE, its successori and auigns, thet -Y+++~-~-~~~'--- lawfuliy seized of the stid prem~ies in fer simple; that the same are free, clear and diacherged from ell lien~ and encurtr brencet in lew or in equity, and that th~y will and t+~~T'.._._ heirs ~hall warrant and defend the title to the tame to the taid MOkTGAGtE, its suctesaon and assigns, forever against the lawful claima ano demands of ail persons; PROVIDED, ALWAYS that if the ?J+ORTGAGOR shall pay unto the MORTGAGEE the promitsory note hereinbefore deicribed and shall truly, promptly er.d fuily perform, discherge, executr, camplete, tomply with and abide by each and every the stipulations, agreementf, conditions en~ c~venants of iaid prornisacry note dnd of this Mortgage, then thi~ Mortgage and the Estate hereby created :hall cease and be null and void. li 15 UNDERSTOOD that the ward "Mortgagor" whether in the singular or plural snywhere in thit Mortgage, fhall ba iingular if one onl~ i sheil be plurs) jointiy snd severally if more than one, and that the word "rheir" as used anywhere in thi• Niortgage shall be taken to mean "hi~," "hers," or "its," wfierever the context to implie~ or admits. Also, that wherever there is a reference in the tovenantt and agreements herein contained to any of tha partie~ hereto, ihe ~smt ahall be construed to mean as weli as the heir~, legal representative~, successors and essigns {either voluntery by att of !he partie~ or involuntary by operation of the ~ew) of the same e~d thal the covenants herein :ontainzd shall bind and the benefits and advanta9es inure to the reap~ctivs hein, I~ysl representarives, :uccesaori and ass'gns of the parties hereto. And said Mortg~gon, for themtelve~ snd their heirs, lega! rtpresentatives, successors end assigns, hereby jointly and severolly tovenant and sgree w end with the said MORTGAGEE, its successors and ass~gn:: 1. 7o pay •II and tinguier the printips! end interest and the various and ~undry sums of money paya6le by vinue of said promissory note, end this mortflsye, ~sch snd every, promptly a~ the day~ respectively the same severally become due. 2. To pay sl) and ~inyUlar the taxes, essessmznts, levies, liab+lities, otligations and encumbrances of every nature s~d kind now on ~aid dsscribed propsrty, or thst hereaft~r may be impo~ed, suffered, pleted, levied, or asaessed thereon, or that heieefter may be levied or esaesses! upon this Morty- sg~, w the ind~btedneu tecured hereby, e~ch end every, when due and payable, according to faw, before they become de(inquent, and befor~ •ny intere~t attaches or any penel~y is incurred; AND INSOfAR AS ANY THEREOf IS OF RECGRD THE SAME SHAII 6E PROMPTLY SATISFIED AhD DISCHARGED Of RECORD AND THE ORIGINAL OffttlAl DOCUMENT (SUCH AS, FOR INSTANGE, THE TAit RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEp OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEr! DAYS !vEXT AFTF.R PAYMENT; and in the event that eny thereof is not paid, set'sfied snd discherged sa:d MOR7GAGEE may at any t~me pay the same or any part rhereof withour waiving or affecting any oprion, lieh, equity nr .iqht under or by virtue of this mortgage and the full amount of each and every wch payment shall be immed~ately due and payable and shall bear interest ~rom the date thereof until psid er rore of n~ne per centum per an~um and toqether w~r i hell be :e~~~ the lien nf th;s morqtape. ao ~o