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HomeMy WebLinkAbout1600 L; s i t i 1 TH1S INDENTURE, id~da the~. ~ F~}~ da of _ ~°~''~~F'~' FlK Y - A.D. 19 bctw~srS~ :r~nnar V~itp.• ~.~ri Ti'~ nncr~np '~o~T+ -a V~~~~vi~.i }~;yC„_..iE~~ ~ of ~n;-?"~* T 12^i P , Counry Harida, hereinaftx de~iqnated as the "h10R7GAGOR," and FIRST FE6ERAl SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • co~por~rion organiz~d •nd exi~tinfl undar the lews of the United Stat~s of Americe ~nd hevinq it~ principal pi~ca uf busine~~ tn tM City of Fo~t Pi~rce, 5t. tucia Cour.ty, Florlda, hereinaftsr de~i9nated a~ th~ "MORIGAGEE." r r,,in WHEREAS the MORTGAGOR ia justly indebted 1o the MOR7GAGEE in fhe :um of S t good and lewful money af the Unlted States edvenced by tha MORTGAGEE unto the MORTGAGOR, es evidenced by e tertain promiaxory nore of even .~ate herew~th, of which the followiny in words end fig: ~~is s truu copy, tawif: r rn~ ~ ~ No_ 1 Z~ ? Fort Piarce, florida, ~''~h "1' 1~~ 19_ for value received, I, we or eifher ot us, prom~se to pay, without defelcation, to the erder of FIRST FEDERRL SAVING5 AND IOAN AS50CIATION OF FORT PIERCE at fort Pierce, Florida, the sum of t_ •[n~~~ n~ ~ v,iith interest from date at the rote o~_s._~r% per annum, in monthly install- ments aY fet!owt: S r'~ ~ n~ on the 1 J~ day of Y' Iq_~~ and a like sum on the corretpondinp day of each month there- after uotil the whole be fully paid. Each fnitallmem first shaH be appiied in payment of the interest and then on the unpa'd belance of the principa! a~m. If defeult is m~de in the payment of any installment when d~e, and such defa~lt cont~nves 30 daya, then at the option of the hc~lder, and „rithout any other notice, all the remaining ~nstallments shalt be due and payable at once. Priv~lege is givrn to prepey thi~ nole in whole or in part at any time without penetty. •Neither forebearente, r.or acceptance by the holder thereof after any default in a~y payment~ hereo~, ~hail be deemed eztension. A late payment charge of S~ ~ 7~ , shall be addad to each installment remeining unpe~d 7 deys after ity due dase, end a like sum shall be added to each such inttallment romaininy unpeld 7 day'a •fter each sutceeding payment date. Eath maker, surety and er~dorsei hereof, jointly and severally, waives dema~d, presentment protest end notice of protest fo~ nonpayment, ~nd further ' agreee to any extens:on ot time of payment, either before or after maturity, witF.out noKce to any of us; end to pay all costa oi collection, including a reasonable attorney's fee in the event of any default hereunder, and hereby ae~erally waives all benefit of homestead and exemption under the constitution and lawt of each Sraft of the United States, as against thia obl:gatiort or any extension or renewa! hereof. Wirnes~ the hand and ~eal of each party. 5 ~ L.7~,r~~,v,~• V.~~17T~:~ ~ (SEAI) Ti~l ~1r+arnp :~~~~T~._c• V~-~i,r~;-- - (SEAL) - (SEAL) ~ ~ ~ (SEAII ( ' ) State Revenue (Stemps t~ntelled on original note) NOW, THEREFORE, the MORTGAGOR for the purpose of aec~ring paymcnt of ~aid sum of ; C~ ~~`n.~~ and the pcrformance of tha ~avenants end egreCments hereinafter expressed, and for divers gaod and vat~able comiderationi, by the~e prrsentt, does grent, barflain, sell, remiae, releeie, conwey end confirm unto the MORTGAGEE, its ~utceswrs end assign~, ell that ctrtein 101, piece or psrcel of land, tituate, lying, and being in she Coun of ~~t ~.~1~' F~' tY artd State of florida, dasvibed ~o follows: 7,~'' '?1r?~~~ 2~~ ~T"?T _,r..,.~t/T~?^*' , • Pr' ~ ` + fi:-,~'°r r.f' rn~~,,,~r_~ ' Y? •~1 7 ~~h" 17 fl t ry n 'Z '7 ~ t t~~ 1'i n Ti n-. r~, v-i , . f C~ • y, ~ T~)(' t.~ (1? ; T` 'f` ~ r~ n~.-. i!~ n t 0 S? RFCEIYEb S IM PAYMENYO~T-V([~ O'~ CLAS~'C' ~NTANGI9LE PERSONAL PROP'~R7Ys t~.;= iJA4T TO CHAPTER 2072d. ACTS UF 1941, _ : , ~R' CI •rk Ci;_,.ir C_urt r.s :nt f r '"t; JAti'.~5 St. Lucioi~`--~Q ~ : ~'I~rcior - - w ~ ?s-~; r-~ukIUA " ~-t c~ 170CUMEP1TAo~SI"AMp TA?( gY "w"~~'~~J DEPUTY CLERK Z ''Y• j C~C17'~S ' - _ ~ , = ~825= ~ ~ COt~P7ROtl..ER - P 190138 `ow": ~ . . _ _ . . . . together w+rh ait and a+ngular rhe ranrments, hereditaments ant! appurtanca tForeunto belonqing or in enywiie appertaininfl thereto, snd ell rentt, istue~, ~ proceeds and profiti accruing and to accrue from said premiaes ell of which are included in the ebove and foreqoinq deuription and hsbendum. ~ TO HAVE AND Td HOLD ihe above dtscribed and granted premises unto the said MORtGAGEE, its •uccesson and astiQnt forever. And tlt~ taid 3 MORTGAGOR for --t~'"' n---- heirs, executors, administrntori and assigna, hereby covenant~ with the ~eid MC~RiGAGEE, irt suctssaors snd sutpru, ;-~-,r_~r ~,~n that lawful(y se~zed of the said premises in fee simple; that the same sre free,. dear and distharged from all lieni and snturr~ brances in iaw or in equity, and that_ }r'~, wiR end }~1O'- heirA ihal! warrant and defend tM tiNs to the ~arie to ths said MORTGAGEE, ite suctestors end astigns, forever aqainai the Iswful cleirr~ rnd demand~ of ail persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pey unto the MG'RTGAGEE the promiuory note hereinbefors descriksed and shs11 trvly, promptly and fully perform, d~scherga, execute, comptete, compty with enh ebfdc by each and every the itipulation~, ~qreeTents, conditivn• and covenants of a~id prom~tisory note and of ttiis Mortgage, then thi• Mlo~+gage nnd tfie Estate hereby treeted ahall COifA snd be n~ll and v~id. IT 15 UNDERSTOOD that the word "Mortgagor" wherher in the singular or plunl snywhere in thi~ Mortgsye, ~hall be •ingular if one only and ihall be plu~sl jointly and severslly if more then one, snd thet the ward "4heir" uaed anywhare in thit Mortgage ~haU be teken to mean "hi~" "hen;' ' or "its," wherever the con~ext fo implie~ or sdmitt. Alw, that wherever there i~ a refsrence in the covenanti and agreementa herein contained !o eny of the parties hereso, the tame ~he~l be construcd to me~n ss wall as tha hein, leq~l r~presentative~, svccesaon and a:tiqns (aither voluntary by ~ct of the ' p~rties or involuntary by opererion of the law? of the aame snd that tha cove»ants herein contained ~h~ll bind snd the benefits and adventayee inure i to the rrspec~ive hsin, legal representatives, succesaofs and au'gns of the puties hereto. ~ And iaid Mortgagori, for themaelves end their heirs, Isge1 rapresentatives, sutcaston and as:i9ns, hfreby jointly and tevera(ly covenant and ayrse to snd with tiy~ said MflRTGAGEE, its succasort end essigns: ~ 1. 7o pey all end sinqulsr !he principal artd intere~t +nd the vsrious and sundry iuma of money payable by virtue of sa~d prom~swry note, and thi~ mort9ape, sach and tvety, promptly on the day~ respective~y tht ~ama wv~rslly becane rlua. 2. 7o pay •II s:id •~nyulsr the taxes, asieumentt, laviet, liabilities, obliystion~ •nd tnc~mbrances af every nature end kind now on s~id dascribed ~ property, a that h~reafif~r may be impored, :ufferud, pl~csd, levied, or aussied thrreo~, a fhat hsre~fter m~y be levied or si~~ed upon this Moriq- ~ya, a tho indebted~eu se~cured hereby, ~~ch and ~very, wPxn ~ua snd p~yeblt, ~ccordirp to law, b~fwe thty become de~inq~ent, and before ~ny ~nt~r~st ~ atteche~ or a~y penalty i• incurred; AND INSOfAR AS AN ?liEREpP IS Of RE.ORO YHE SAME SHAtt 8f PROMPTIY SAiISFtED AND D15CHARGED Of ~ RECORD AND 7HE dRIG(NAL OFFICIAL DOLUMENT (SUC~ A5, FdR INSTANCE, THE YAX RECEIPT OR YHE SATISFACTION PAPER •pFfICIAIIY ENDORSED OR CEkTIFIEG} SHAIL BE PIACED IN THE HANDS 'JF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYiV1ENT; and i~ the evem that any thereof is not paid, saYSfied and dischirged sa:d MORiGAGEE may at any tirr,t pay the i~me or any pa~f thereof without waiving or affecting any option, lien, ~quity or .ipht ~nder or by virtve of this mortgege and the full amount of each and every Yu<h p~yment shall be immediate~y due end payable and shal! be~t interest hom the date thereof ~n!i! paid 8t rete of nine per centum per snn~rtt snd topeth~r wifh such in!erett thali be s~cured by the lien of lh:s morgtiQe. 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