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HomeMy WebLinkAbout1299 i t , ~ TNIS lNDENTURE, Mads tM 9t+h dey of December' _ _ A.D. 19 bNween Milsire d S L~pn~~.LI1~ le e dy,i~ . - oF ~ s~+. LUC e County Fio~ida, herainafter d~~ignstrd as the "MORTGAGOR," end FIRST fEDERAI SAVINGS ANG IOAN ASSOCIATION OF fORT PIERCE, a corporation organized e~d exitting under the laws of Ihe United Statas of Americe and having ih principal placa of b~tinett in the tily of fort Pierte, St. luue County, flo+ida, hereinaftar desiq~+ted et tht "MORTGAGEE." ' WHEREAS the 1~10RTGAGOR ~a iustly ~ndnbted to the MORTGAGEG in the sum of j___ll good and lawf~i money of the Un:ted States ad:anced by the MORi~AGEE unto the MOkTGACaOR, as ev~der,ced by a certain promissory nole of rven aate herewith, of wh~ch the foilowiny in words and fig~res is a true copy, to•wii: ~ ~ II f--- 11 ~~0 . Q~ No~"~~-~-- Fort Pitrte, florida, December 9 ~q C~~ Fo. valve received: I, we or eifher of us, promise to pay, wirhout defalcation, to the ordcr of FIRST fEDERAL 54VtNG5 AND LOAN ASSOCIATION OF FORi PIERCE at Fvrt Pierce, Florlda, the sum of 5__lli~~~•~~ - w~~h im.crest from dare at the rate u~• 2--r~4o per annurn, in month~y install- ~nenrs as fol!ows: S-~?~-U~-- on the ~~~h aay of Januerti- ,9_E6 and a likc sum on the corresponding day of each month there- af~er until ~he whote be fuliv pald. Each ;nstallment first shall be appl~ed in payment of the interest and then on the unpa~d baiance of ihe princ~pal aum. If default is made in the payment of eny insfaliment when due, and such default cominves 30 days, then at the option of the h~lder, and without any other notice, all the remaining instaliments sha!I be duc and payable at once. Privilec~e is given to prepay thii note in whole or in part at any rime without penalty. 'Weither f~ebearance, nor acieptance by the holder rhereof after any defavlt in any payments hereon, ihall be deemed extension. A late payment charge af S~• f' _ shall be added to each installment remaining unpaid 7 days after its due date, end a like sum sha!I be added to each such ins~allment romeininy unpaid 7 days after eacY~ svccreding payment dare. `cach r:iakrr, s~rety and endorser l,ereof, jointly and severai!y, waives demand, presentment protest and notice of protest for nonoayment, and further agrees ro any exrension of time of paymenr, eirher b~f^~r or af~er marurity, wirhout notice to any of us; and to pay ail costs of co!lecrion, includ~ng a reasonable attcmey s fee in the event of any default hereunder, and hereby severally waives all benefit oi homeeteed and oxemption under the constitution ar.d laws of each S~ate of the Un~ted States, as aga;nst th~s ob:~gation er ar,y extensi~n or renewal hereof. Witness tne hand and seal of each parry. /a/ Mildred S. Long_,_ (SEAU _ A single adult (SEAI) ISEAI) ~ (SEAI) (,__l~, t~ ) $tate Revenue {Stamp• tencelled on original note) tvOW, THEREFORE, the MORTGAGOR for tfia purpose o~ eecuring payment of sa?d sum of j~- 1~~Q~ • and the performence of the covenants end agreemenr~ hereinafter expressed, and for d~vers good and valuable con~iderations, by these presents, does gront, bargain, tell, remise, release, convey and confirm unto the MORTGAG:E, its successors end assign~, ell that certain lol, piece or parcei of land, situate, lying, end being in tha County of - S t. Luc i e end 5tata of floride, describsd a~ foliows: Lots 10, 12, and 1~., of OCEAN BOULEVAFiD PARK, as per plet thereof on file in F'lat Book 7, et Page 18, of the public records of St, Lucie Countt•, rlorida,? ~ ,.v ~,YM~NT TAXES ao„ J ~ ~ ~a~nNa~ PROPERTY _ REC.E~~ bLAc,c..~• ~NT?~';fgL' 1~7~,~F 19~b1. c_' ~'Ur- ~4NT~~CH"PfF. ~ifC,;it G.Uf1 ~ ~ ~ Y! ~ ~ ~r 1 ~ U ~R ~ ~P1 PUR.I, r_,.in . - G;"frC « ~ COCUMENTA~" STAMP TA;< R~.C- ~ ~ , i? M !A~",~S ; , ~ ~ OEC1~65 " ~5 r;~ f ~ iax c'.1,~-tor t ~ ~ ~ ~~'~:~.~j ( 7 ~ -,t. L~~_:~ ~-'-'~'n Y C _--EFt~ N COM?TRCLLEF~` ~I~_,~~',/' EF'~1'~y p6, iso~sa = `~s"G~~' _ ~ . _ . ~ aY together with all and sing~lar the tenementt, hereditaments end appurtencei thereunto be'onging or in anywise appertaininq thereto, and all te~tf, itsuea, pracreds end profits accruing and to accr~e from said premises all of which are induded in the above a~d foregoing description and heb~endum. TO HAVE AND TO HOLO tFe above de:cnbed and granted premises unto the seid MORTGAGEE, it~ succeisors and asiigns forever. And the w+d MORTGAGOR far -~~r heirs, executors, ed:ninistrators and aasiqn~, hereby covenents with the ~aid MORTGAGEE, its {UCClffOff and ~uiqns, that - 9r`e --~a---- lawf~~fly aeized of ?he said promiies ~n fee simpie; thet the same are free,. clear and discharged from ell lien~ end encum- brar.ces in law or in equity, and that_ ~~e wili and he P heirF ~hell warrent e~d dcfond the titl• to the ~nme ta the said MORTGAGEE, its successors and assigns, forrver egainst the lawful claims snd demend~ of ell pertona; PROVIDED, ALWAYS that if the MORTGAGOR thall pay unto the MORTGAGEE the pfomi~wry note Fereinbef~ore describe~l and ~hall truly, promptiy and fully perform, distha~ge, execute, comple!e, tomply wirh and ab~de by eath end every the ttipulatiom, ~greements, conditions end covenants of ~a~d ~i oromissory note anci of this N4ortgage, then thia Mortgage end the Estate heraby aeated ~h~!! ceise and be null snd void. IT IS UNOERST006 that the word "Mortgegar" whefher in the s+ngular or ol~r~l enywhere in th+s Mort9age, ths~I be aingular if one only snd shaii he plural iointly and uverally if mors then one, and that the word "Iheir" at ~sed anywh~ra in th~t Mortgage shall be taken to mean "his," "hers," or "iti," wherever the context so implies or edmit~. Also, that wherever there is a reference in the covenants and egreements herein contained to any of the partieY hereto, the ~ame thall be construed ta mean ss weil a• she heirs, Isqsi npresentitives, succestori •nd •ss~qne (either voluntary by ect of the parties or involuntery by operation of the law) of the •ame snd tha! the covenantt herein cant~ined ~hall bind and the benefit~ and acivontages tnur~ to the reipective heirs, leysl rapresentetive~, succestors end as~~qnt of tha perti~s herato. And ~aid Mortgegor:, far themselvea and their heirr, legel represent~tives, •uccrssors and euiqns, hrreby iointly and ieverally covznant end egree ro end with ttye ~sid MORTGAGEE, its •uctessors end asiigns: } 1. To pey all and •ingular the principal snd intersst and the verious and aundry •um~ of mo~ey paysble by virtue of ~eid promissory note, and Phi~ mortgaS7e, eech and every, promptly on the days respectiveiy ths tamt ~ewrelly becoms due. 2. To pay sll •nd ~inguler the taxes, a~seismants, levies, liabilities, obligatian~ and sncumbrinces of every nature end kind now on said deuribrd property, or that hereafter may bs imposed, tvff~red, placed, levied, or •sse~sed thereon, a that heroefter may be levied or aises?ed upon thia Mariq- aye, or the indebtedneu tecured hsreby, esch and every, vahen due e~d paysble, accordinq to lew, before they become delirrquent, and before ~ny interest anach,cs ar any penelty ii inc~rred; AND IPJSOFAR AS AN~( THEREpf IS dF RECORD THE SAME SHAII BE PROMPTLY SATISFIED AtiD DISCHARGED OF RECQRD AND THE ORiGINAI OFFICIAL DOCUNIENT (SIiCW A5, FOR INSTANCE, THE ?RX RECEIPt OR THE SATISFAtTIQN PAPER •dFFICIALLY ENUORSED OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is nos paid, sat'sfied an~ dischsrgcd ia:d MORTGAGEE may at any timc pay the same or any part thereof without weiving or aftecting any option, tien, tquity or .iqht ~nder or by virtue of this martgage end the full amount of each end every ~vch payment shali be immediately due and payable and shall besr int~ra~t irom the date thereof until paid at rete of nine per centvm pti ennum and together w~th wth interest shall be secured by the lien of th:s morqtsqe. : gooK 133 9~