Loading...
HomeMy WebLinkAbout1295 i THIS INDENTURE, Made sh._ 1Uth _ d.Y of .~.,,~,Q~~r'- AD. 19 - b~~we~n ~ T hani a s k e r.~r~ N~n C X R~ k e r r_h~3~eC1T~.t------- of ~t _ I~l]C~8 County flor'~de, hereinafter desigr.ated as tha "h10R7GAGOR." and FIRST FE~ERAI SAVINGS .4ND LOAN ASSOCIATION Of fORT PIERCE, a carporotion organiztd and exi~ting unde~ the laws of the United 5taroa of Americe ~nd !~evinfl it• principa! placa of bus~nesi in the Ciry of Fort Pierce, St. Lucie Counry, Florida, heroinafter designated ai the "pMOR~iGAGEE." WHEREAS the MORTGAGtJR ia juatiy indebted to the MORTGAGEE in the sum ef S-u-:-_r-~U • QQ r~~d and lawf.,l mo:•,ey of the Un.red States ad+anced by the MORTGAGEE untu the MOkfGAGOR, as e~idenced by a certe~n promisaory note of r~en dare nerrw~'1,, of wh.;h the foilowing in words end ~iguret is e true Copy, to-w~il: ' f_ 7~~ . t~o 21~ ' fort Pierce, Fior~da, ~8C@tT1~7BP 10,, ~9~_ Fo• value received, f, we or either of ~s, prom~ae to pay, withu~~t defalcat~on, ro ~he order of FIRST fECERALLSAVINGS AhD LGAN ASSOCIATION OF FOR7 PIERCE al Fort PieCrta, florida, the sum of s v_i_L.~O~.QD_~__- with inter~~tt frum date at the rate ofJ~L~°.o per annum, in monthly inatall- ~nenrs as fol!ows: S_--~..L:_00 _ on ihe 1~t+h day of _J~u~.~~_ , i9L~6.__ and a I~ke surn on ~he ~orrespond~ng day of each month there- aiter unril ihe wfiole bz fully paid. Eacn insrailment fret shall be applfed in pryment of ~he interesr and then on the unpa~d 63~ance of the prlnc~nei sum. If default is made in the pa~~nent o( any instaliment when due, and s~~ch defa~it contin~es 30 days, then ei the optiun of the hcider, and witno~r any orher ~otice, a~i the remaining ~nsrailmenrs shail be d~e and payable at once. Pnv;lege ~s g:ven to p~epay this note ~n whole or in part at any t~me withoui per.alty. •Neither forebearente, nor acceptance by the holder thereof afrar any default in nny payments hereon, shatl be deemed exrens~on A lare payment cf~arge of S-~•-~-, shall be added to each installment remaining ~npaid 7 days after its d~e date, and a iike s~m shali be addec~ to each such installment remai~iin9 unpaid 7 days aftrr each sucteeding paymeM date. Each maker: surety and endorser hereuf, jointly and severaily, waives demand, presentment protest and not~ce of protesl for nonpayment, and further a~rees to any exten5~on nf tiir;e of payment, e~the: befo~e or after maturity, without notite to any of us; and to pay all costs o~ cellection, inciuding a reasonab!e arromey's fee in thz event of any def~u;t here~nder, and hereby se~~eraliy waives a!I benefit of homestead and exemption under the const(tuiion ard !awa of each Stare of the Jn~red Stares, as aga~nst th~s obi~yation or any cater.s:on or senewal hereof. W~tness the hand and seal of each party. S/ Thomas Baker ~ ~seA~~ ~~.~y Baker - iseA~> (SEAL) ~~7 -~nC (SEAI) State Revenue t5tamps cencelled on original note) j~ -7(~ NO'JV, THEREFORE, the MORTGAGOR for the purpose of securing payment of aaid sum of S".~-1`!~ • , end ihe performence oF the covenants and agreements hereinefter expressed, and Fo~ divers good ar.d valuable tonsiderations, by these p~eaenta, dces gr;nt, bargain, sell, remise, release, tonvey and confirm unto tht MORTvAGEE, its euccessors and assign~, all thar ceriein lot, piece cr parcei of land, ~i!uate, lying, end being in the County of St - LL1~~8-- , end 5tate of Floride, dafcribed s~ fallown: 8Y1(7 Z,Ot l~ Lot 9~/ BlocK 11, SILVEP. LAEiE PARK ADDITION, according to thP plat thereo.f recarded in Plat Book 10, at p~ge S, ~f the public recor~3s of St. Lucie County, Florida,~/ Ar~'~ mort~aFOrs covenant tY~at t?^.e~J ere the identical indivi~luals named as ¢rantees in Deed ~'rcam Car1 Amorosn ~nd Gilda Amor~so, his wife and Lucille Sarnow and Frank Sarnow, 1^.er husbanci to Thomas A~ Baker and Nancy Bak~r, his wife, bearin~ da~e of ~uiy 9, 19b5 and recorded in C~.R.Aook 123, pa~e SO1, public rc:r.ordQ of St. Lueie Cot~nt<<, Fl~~ida .as to ~t 1.0,• and in Deed from Mr~. Lois ~:elton, a widow to ThomAS B~ker end t~anc; Baker, hi9 Nife, beerin~ date of June 2t~, 1958 and recor~ed in ~~r~d ~k. 2~2, pg 32q, public records ~ b of ~t. Lucie County, Flor-da, as to Lot 90 ~ RErEIVE~s~ -IN p.~Y~I~~v70FTAXES DU~ O'J CLA.': ~Nrr.~; : , _,.~41 PROFERTY. P~J~:!!avi~.._ . ,g~t, RC~, : ~ , ~.i _:k =i, _ , as P~~r:r f~r ` ~J ~IS Jr Sr. Lv~IC C: unt}' Ta Y;.' BY - togethei with a!I and ~ingular the tenemerti, hereditaments and appurtances thereunio bslonginq or in anywise •ppertaining iherefoVBA'd~iM tar~$?jtYUes, proceeds and profit~ eccruing and to accrue frem said premiees all of which ar~e incl~ded in tha above and foregoing deitription and habendum. TO NAVE AND TO HC~ID the above destr~bed and granted premises unto the said MORTGAGEE, its succeasors and essigns forever. And Ph~ tiaid MQRTGAGOP for ---~=h@ lr heirs, executon, adrninistroter~ and assigns, hereby covenants with the iaid MORTGAGEE, its iuccesson snd sstigni, th~ are tnat lawfu!ly stized of the said premises in fee simple; that the ~eme are free,. dear ar.d discharged from all liens and encurrr brances in law or in equity, and that____ ~`hf'~_ will snd tne ir heir} •hall werrent and defend the title tc~ the •eme to the said MORTGAGEE, its successors and aas~gns, forever egainst the lawfut claims a~d demandt of ell persons; PROVIDED, ALWAYS that if the MORTGAGOR •hall pay unto 1he MORTGAGEE the promissory note hereinbefore detcribed and ihall truly, prort~ptly and fully perfc:m, dittharge, execute, complete, comply with and ebide by ench end every fhe stipulations, egreemer,ts, co~ditions and covenants of said promissory note and of th~s Mortgagc, then this Mortgage and the Eitate hereby creatcd shall tease a~d be nuil and vold. IT tS IiNDERSTOOD that the word "Mortgagor" whether in The singular or plur6l anywhere in thi~ Mortgafle, shall be aingular if one oniy end sha11 be plu~al joimly end severolly if more than ene, end that the word "their" as uied anywhere in ihis Mor:gege shall be taken to mzan "his," "hers," or "its," wherever the context io implies or edmiTS. A1~o, that wherever there i~ a reference in the covenents and agreements herein contained to eny of rhe pertiee hereto, the isme shail be cor.strued to mean bi well at the hein, lega~ rspresentatives, ~vaeisors end a~ii~ns (either voluntery by sct af the parties or involuntary ty operation of the law) of the ~ame a~d thet the covenants herein tontained shall bir.d and the benefiti and adve~tages inure to the respedivt hein, leyel represemasives, succe~ton and aai~gns of the pert~as hereto. And said Mortgagori, for themselves and their heirs, lagai repreiantatives, succassors end asiigns, hereby ioinNy and ieverally covznant end agree to end with the said MORTGAGEE, its successors and assigns: 1. Ta pey all snd ~ingular the prirxipel and ints~est a~d the verious and tundry ~ums of money peyable by virtue of said promissory note, and thi• martgage, each and everv, pramptly on the dey~ respectively thr samt severelly become due. 2. To psy all and ~ingular the taxe~, aises~ment~, levies, liebilities, obligations and encumbrsntes of every natura and kind now on seid described property, or that hereefter may be imposed, ~uffered, pteced, Icvied, or aue:ied thereon, oe that hereafter mey be levied or eise~xd upon thit Morty- a9e, or the indebrednesa iscured hereby, each and every, whsn due and payable, atcordiny to law, befws they become delinqusnt, and before eny intores~ attaches or ~ny penalty is incurred; AND IN50fAR AS ANY THEREpF IS Of RE:CiRD THE SAME SHALL BE PROMPTLY SATISFIE~ AND DISCHARGEO QF REtORO ANU THE ORIGIhAI OFFICfAt nI~CUMENT (SUCMi A5, fqR INSTANCE, THE TAX RECEIPi OR THE SATl5~ACTION PAPER •OfFICIAILY ENDORSED OR CERTIFIED) SHALI BE PiACED IN TiiE HANDS OF SAIL~ MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, aat'sfied end discharged sa:d MORiGAGEE may at any time pay the iart+e or any pert thereof without waiving or affecting sny op~ion, lien, equity or riqht under or by virtue of this mortgage and the fu~l amount of each and every such payment shall be immed'+ate~y due and payeble end shall beer interest jrom the clete tfiereoi unt~l Frd at rate of n~ne per centum per ennum end together w~th iuch intereit thall be securtd by the lien of th:s morgtage. " P 133 ~~~K