HomeMy WebLinkAbout1685 ~`~~r`"~`-.
THI5 INDENTURE. Made the_-~ ty- d~y oF `~''Ptti'"~'' J..-_.., betwsen
mt. .y, ~ i_: ~...~Y'...~_~.~.~'~,~~.L..`~,_ n r-. ri r'~ e a i~ c s: ~ 1 3 v T'A _
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nt T~,~~ i~R
of _ County Flo~ids, heroinefte+ deslgneted as the "MURTGAGOR," a~id FIRST FEDERAL SAVINGS AND IOAN
ASSdtIAT10N OF FOR1 PIERCE, a co~parotion orgenized and exiftinq under the taws of the Un~r~d S~eras of America end heving it~ principel place of
busine~• in fhe City of Fort Pierca, St. l~cie County, Florida, hareinafter desipn~tsd as ths "MORTGAGEE."
lNHEREAS the MORiGAGOR is justly indebted to the MORTGAGEE in the Wm O~ i...{ -~n~ good end lawfu! ~norey of the Un,ted
States ad~enced by the MORTGAGEE un~o the MORTGAGOR, as ev~denced by a c~rtain p?omissory note of e~en fldi2 herewith, of wh~ch the iollowing in
words and figurc~ i~ a tr~n ~opy, to-wit:
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Fort Pierce, Floricla, ~P ~ ~'r~ Y~Pr ~ p ~ ~Y
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ior val~e recei.ed, I, wa or eifhar of us, prom:se to pey, wi+hout deielcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATI.7N OF
FORT PIERCE at fart Pierce, Florida, the sum of - with interesl (rom date at thc rate o~~~°{,. per annum, in monthiy insta!i-
n±enrs as iol!ows: S-~na~S'___ on the ~~~~r day of r~''~"~~°~f'~ 19 ~F?- and a I~ke sum on the corre~ponding day of eech month there-
airer vntil the H•hole be f~lly paid.
E:.ch ir,stallmer.t firat shall bc applied ~n payment of the interest and then on the ur,pafd balan~P of the prinupal wm. (f defav~t is made in the
paymenf of any instel!ment when due, and such defauh ccntinves 30 days, then et the option of thr holder, and witnout any other notice, a~l the remaining
~nstallments ihall be due and payable at once. Privilege ia given to prefiay th~s nott in whole or in part af any t~me without penalty. 'Neither `orabeersnce,
nor acceptanct by the holdar thereof after any default in any paymems hereon, shal! be deemed exfen~ion. A late payment charge of S shall kx
added to each instaliment rema~ning unpa~d 7 days after it• due date, and a like sum shall be edded to each such installmeN remaininfl unpaid 7 days after
each s~cceeding payrr;ent date.
Each maker, surety and endorser hereof, joi~,Hy and severaliy, wa'ves demand, presentment protest and notice of proTrst for nonpaymeM, end further
agrees to any extension ot time of paymer,t, e+tner befure or aher maturity, witheut not~ce to any of us; and to pay all costs of colleition, including e
reasc~nable attorney's fee in rhe event of any defa~lt hereund-rr, and hereby severally waivas all benefit of homes!ead and exemption under the canstitution
and laws of each Srare of the Un~ted Stafes, as aga~nst this obligation or any extension or renewal hercaf.
Witness the hand and aeal of each party.
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( ~ • ~r' Statr Revcnue
(Stamps tenteiled on originei note)
NO'JN, TkEREfORE, the MORTGAGOR for the pvrpose of se.uring payment of taid sum of S~2 n{,~' and thc performartca uf the
covenentn and agreemenes F,ereinafter expressed, and fo~ d~vers good and valuable consideretions, by the~e present~, does grant, bargain, seil, rem~se,
retease, tcnvey end confirm ~ntu the MORTGAGEE, its •uccessors end as~igni, eil thet certein lot, pieca or parcei of lend, tituete, lyiny, end being in ihe
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County of - and State of Florida, deuribed at followt:
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CJ y.~.,. DOCUh"iENi~~~_STAh1~ lAX R.-,-=~'; j- IN Pl'~'MrNTUFT~Xt~
~ at~zt~'6$ / ' y h`' = i - 7T.•y_fqi F FE~~'. `Iel F~+OFERTI(~
~ = r'~ ~ =,'-t~ f' . . . . : ~t : 'i.:. 7_ . _ .
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8Y T QEPUiY CLERK_~
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tcgethcr w~rh all and singuler the tenemnnrs, hcred~taments and appurtences thereunto belong~ng or in anywiae appertainiru~ therefo, and ail. rent~, is~ues,
proceeds end profiti accruing and to accrue from said premiset all of which sre included in the abova snd foregoiny description and habendum.
TO HAVE AND TO NOlO the above deacribed and grented premisss unto the uid MORTGRGEE, its tuctetaon and assiyns fonver. And tM aa~d
M7RTGAGOR for hein, exetuturs, administrotori and atsigna, hereby covsnants with the ~eid MO{tTGAGEE, itt tutces~ori a~d ~uiyns,
that ---=-"--~-~=-r~-- lawfully seiztd a4 tha said premisra in fee simpie; tha4 fhe same are free,. clrar an~! discherged from sll liens and •ntum-
brances in ~aw or in equity, and iheY ~~'F'~ will a~d }j~'"'~__ heiry sh~ll w~rrant ~nd defsnd the titl~ to the ~ame to tMe ~aid
MOR7GAGEE, itt successars snd estigns, forever egainst ths lawfv~ claimf end dem~ndf of •li perto~a;
PROVIbED, ALWAYS that if the MbRTGAGOR ihall pay unto the MORTGAGEE the promi~snry note hsreinbefore described a~d thall truly, promp!ly
e~d fully perform, distharge, exetute, complete, comply with and abide by each and every the ~tipulationi, agreements, conditiom and covenants of t~id
prom~ssory mte and af this Mortgage, then this Mortgage and tha Estate hereby created ahali teaae and ba null and vo'sd.
IT 15 UNDERSTQOD that the word "Mortgagar" whether in the ainguiar or plur~i snywhen in this Mortqeqe, ehall ba ~ingulsr if one on~y snd
thall be ptu~el j~intly end teverelly if more than one, and that the word "their" as u~ed anyw'here in thi• Mortgsge shail be teken to mean "h;~," "hers,"
ar "its," wherever the context ~o implies or sdmits. Alw, that wherevsr there i• a referenct in the covensnts ~nd aqreements herein contained to any of
th~e partiea hereto, the same •hsll be construed to mean as well ~s the hein, legal r~presentativet, ~uccrssors and a:sipna (sither vol~ntary by act of the
pa!ties or involu~tary by operation of the law) of the asme and that the covtnantt herein coMainad ~h~ll bind ~nd the beneiits end edvs~taflss invn '
to the rospectiva heirt, lagal repreientetivss, suctts~on and us~gns of the partia hartto. y
And ~eid Mortgegan, far themselve~ and their heirE, iegel repre~entatives, ~uecessorf •nd as~igm, F.areby iaintly and ~teveraily soven+nt snd s9ree ~
to and with tFye isid MORTGAGEE, its ~uccessars and assegn~: ~y
1. To pay sll and •ingular the p~irKipal ~nd intarest arid the veriou• +nd sundry evms of money paysbl• by virtua of said prom~swry no4e, and th+s ~
mortQ~pe, eech and every, promptly o~ the dayt respectively tht ~ame ~tvorolly 6etom~ due. ~
2. To pay all and •ingular the t+xes, esaessrhentt, levies, liabilities, obl3yations •nd ~nc~mbr~ncei of evety nsture •nd kind naw on ~eid drscribed ~
property, or tMt hereafter may bs impoted, •uffered, plKed, levied, w aaetsed thereon, or that hereefter may be levi*d ot assessed vpon thls Mwtq- ~
age, or the indsbt~d~eis fetured hereby, asch ~nd svsry, when due +nd peyable, accardinq to I~w, befort they becoms delinquent, and beforo •ny int~rNt
attathes or any penslty is inturred; AND INSOFAR AS AN THEREOf 15 OF RE•'_ORD THE SAME SHALI BE PROMPTLY SATI5FIED AN~ DISGF9ARGED Of ~
RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUC~ A5, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTIOiV PAPER -OFFICIALLY ENDORSED
OR CER7IFIED) SHAII BE PIACED IN THE HANpS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof ii not :
paid, sat'sficd snd dischar9ed ta;d MORTGACEE mey et any time p~y the same or eny part the~eof without waiviny or sffesting any optiOn, litn, equity or %
.iqht undtr or by virtue o~ thi~ mortgege and the full amount of each and every suth payment shall bc immcdistely due and payable end shell bear interest
~.om the dete thereof until peid at rate of nlne per centum per ~nnum and togethsr with such intereft shall be ~acured by the iien of th:t morgtapa.
BOOK 1c~J ~ 1 ~7