HomeMy WebLinkAbout1736 1t~:~ 1:~~ ~ l~
TMIS INpEN1URE, M~d~ ~M 2~tr1 d~y af ~ Dec~,mber~_____ , A.O. 19~t_Z~ betw~en
. John Grimshaw Long, a single adult, ---_____r..~._~_,_--__~-.---_--_-__
of 4t r.1~e+{ ~ County Floride, hereinaft~r de~~rynnted a~ the "MQRTGAGOR," end FIR51 FEDFrA~ SAViNGS AND IpAN
ASSOCIATION OF FpRT PIERCE, e corporet;on organ~:ed end ex~itin9 under th• law• of the United S~et~s of Amer;~e end having it• princ~pal p!~ee oi
builnesa in rhe Cfty of Fort P~e~ce, St. L~ua Co~nty, Florida, hereinaher dra~9nated as rhs "MORiGAGEE."
WHEREAS tha MORT(:AGO^ is j~Nly indebted to tha MORTGAGEE in the sum of 5-~-l~-~4S~Ys_Q!~C____..___, good encl lev~fvl money of rhe U~ ~ed
State• advanced by tAe h1QRiGAGEE unto the MOkiGAGOR, as evidenced by • certein promissory note of tven date herewith, of wh,ch the foiiawinfl in
words end {iguroi is a true copy, to-wit:
=_17. I00. 00 _ . Na`1.~.2~I~_
fort Pierta, Fror~dd, _ ~ . .BmhAr )q_~
For value ~eceived, t, we or eithrr of us, prorn~se ro pay, without defalcaliort, to th~ order of F1RSi FfDEkAL SqVLINGS AND LOAN ASSOC:ATION OF
FORI PlERCE at Fort Pierce, Flo~ida, the sum ot 5-l~-Ll~~ • w;th imerest from date at Ih~ rate of SZ_°~u pcr enn~m, in monthly instal!-
menrs as fol!ow~: 5~~~~ or, the _1-~ dny or __Februarv ~9_6~~ 3nd e Ilke sum on th~ c~~res~bnd~ng'dey of each moMh thera-
afrer ~ntil the who~e be fully paid.
Each instaflment firsT shall be appli2d in paymeM of the interest ond then on t~e unpaid belantP of tt~e prina~pal sum. 1~ defau!t i~ made in ihe
paymen) of any insfaltment when due, and such defa~it contin~e~ 30 day~, then at the option of the holder, and withovt any ot~~e1 n~t~ce, all the remaining
insratlme~ts snail be due and payable at once. Privi~ege is given to prepay this notc +n whole or in pert at any time witfiout peneNy. •t~leit~her ~fo~•%eb~Cerante,
nor ecceptante by the hcider thereof afte.r any default in any payments hereon, shail be deemed extens~on. A late payment charge of S__SZ._~~, ~hal! bt
a~!ded to each insta!lment remaining unpaid 7 days efi~~ it~ due date, end a like wm shall be added ro each such installmar.t remeinin9 unpa~d 7 days after
each euc<eedinc~ payment date.
Each maker, surety and e~dorser hereof, IointlY and se~eraily, waives drmand, presentment protest and notfce of proiet~ for nonpayment, and fvrther
agrees to any ex!ension of time of ~ayment, either uefote qr after maturily, witho~i not~ce to any of us; and to pay all tostS oF [ollection, includ~ng e
reasonab~e atrorney's fee ~n the event of any default hereunder, and heraby ie~eraliy waives all benef~t of homestead end exemption under the wnstitution
and laws af each Srate of the United Statea, as aga~nst this obl~garion or any extens;on or rtnewei hereof,
Wirness the hand and seal af aach parry. •
sf .TQ~ C~]ri m4ha~ T.on~ _ A ~S~q~~
s i n~,l ,~.t~
d.11.~ r esE,a~)
- (SEAL)
(SEAI)
~~E3.r'~ Stete Revenua ~ ~
(Stampt cancelled pn original no!e)
NQVV, THEREFORE, the MdRTGAGOR for the purpose of securing payment of •aid sum of j~~ ~ 1~~ . qd , and thc performence of ths
covenents and agreemenrs hereinafrer expressed, and for di~ers good end vaiunb!e consit~erationa, by thece preaents, does grant, bargain, sell, remJse,
ielease, convey and confirm ~nto the MORTGAGEE, iti wccessory and a~signt, sll that certein lot, piece or parcel of land, situate, lying, end bein~i in the
County of - ~ t- [al~
C__
~
i~ ~ end Stats of Florida, dn~cribed •s follows:
Lot 7 and a1I of
The North 20 feet of/Lo~s 1 and of Block b, MARAVIi,LA TERRACE, accorc~ing
to the plat thereof on file in Plat Book 5, page ~0, public records of St.
Lucie Gounty, Florida,,;
Yy ~f Y *x~s
`7 ~?~t` pA~~irHt R~Q~R1'L~
.r-~"' ~~i j_ 19 _
c P`~~~ F 41~
rf~.l~"'~ t_J' * ••y '~~i~G _ '
R, ~ ;t.u~ ~~u~ 5 I!-~i C
. r': - C,IfritiY CJ ~ V f~ ~ l..J l~1
~!s°;~.,,.:~ ~','r;. ~~~`=5 ~ ~ DQCUM~NTA~?.s'_..sr~r~p~
' ~ 1S ~ ~ OEC2~765~
v' ir~ Co~l~~t ~ o - ;:,,~i _
rs , ' iox ~ L, ~ ~
. ~ ~ ~ 6
~ 11K~6 ,l G4E.4Z~` CCMPTRCLIEn -
_.t. ,j pE.PU~Y tcr,i38 ~~~~Q,=i_,`..----~..~=
rogether with aN artd s+nguler thr tenements, heredi~ament~ and appurtances thereunto belonging o~ in anywiie eppertaining thereto, and ell rents, i~ives,
F.rocaeds and prcflti accrulr.g and ro accrue from said prerniies all of ~.vhich are induded irs the above and foregoing dettription and habendum.
, TG NAVE AND YO HOLD the above deicribed end grar,ted premiscs unta the said MOQTGAGEE, its successors and assigns forever. And th~ u3d
h1CRTGAGOR for -~-1-~~------- heiix, executori, administrorors and aisigns, hereby covenant~ with the •aid MORTGAGEE, ita successors ~?nd s~tipnc,
that --~~-ls---- lawfut(y seized of the said premisat in fee simple; that the tame ere f~ee,. cleer end di~charged from all lienx and encum-
brances in law or in equity, and that_ h° will and hl ~ heir{ ~hell wa~rant and defend ths titie to the ~eme to tha aid
MORTGAGEE, its succeisors snd afsigni, forevei ageinst the lawfut claiml and demandt af all perwns;
PROYlDED, ALWAYS that if ihe MORTGAGOR •heii pay vnto the MORTGAGEE tha promiuory note hereinbefore deicritxd and ahai! truty, promptly
and tully perform, d~tcfiorge, exec~te, comple!e, compfy with end ab~de by each and every the stipula?ion~, sgreements, condition~ snd covenant~ of said
prom~ssory note and of this Mortgage, then this Mongege and the Extate hereby created thall ceate snd be nu~) and void.
IT IS JNDERSTOOD thst thc word "Mortgagor" whrther in the iingule: or plu~al enywhere in thit Martqa9e, chall be sinyular if one only and
~fiell 5r plu~al jointly and xverally if more than one, an~i that the word °tFeir" es vsed anywhers in thi~ Mongage ahall be taken to mean "hii," "hers,"
' or "its," wherever the tontext so implies or admiti. /11so, Mat whrrever tnere i• a r~ference in the covenants snd agreements hsrein contained to any of
the parties hersro, the same ihall be con~trued to meen as well aa the heir~, isgel r~presentstivet, wsceuors and a~signs (eifher volunrary by acf of the
pertiei or invofuntary by operotion of the law) of fhe same and that the covenantt h~rein tontaincd •hall bind and the benefits and edw~tages inure
to the re~pective hein, legal representetives, succeaiota and ass~flns of the parties hereta.
And ~a~d Mortgagort, for themselves end their heirs, legal representative~, succes~ors and a~~igne, hereby jointly and severatly covenant and e9ree
to end w;th th,e sa~d MORTGAGfE, it~ su<ce:sors and ses7gni;
1. To pay sll and iingular the printipal snd interest and the vsrious and •undry sumt of money pey~ble by virtur of caid promistary r.ote, and thi~
mortgage, each and every, promptly on the days respectively the sema sev~raily becom~ due. f
2. To pay all and •in9uler the tixes, euesamenta, leviet, liebilities, obliyations and encumbr~nces af every nature and kind now en said deuribtd '
. property, o? that hereattar rney be impossd, fuffereG, piaeed, levied, o? sueued thereon, or that heraefter msy be levied or asiaued upon ihis Mortp-
~ge, or the indebtedness tecured heteby, each ~nd rvery, when due a~d payabie, sccordiny ta law, before thay become delinguent, and befora any intareat
~ attathe~ or sny penalty is incurrcd; ANp INSOFAR AS AN~ THEREpF IS OP QE=ORD THE SAME SHkI! BE ~ROMPTLY 5AiI5F1ED AND DISCHARGED OF
p RECORD AND THE ORiGINAL OFFICIAL DOCUMENT (SUC A5, FOR INSTANCE, THE TAX RE~EIPT OR THE SATI5FA~ilON PAPER •C~ffIUALIY ENGOk5E0
OR CERTIFIED) SHAIt BE PLACED IN 'HE HANDS OF SAiD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thertof is not
$ paid, set'sfied snd discharqtd s~:d MORTGAGEE rr.ay at any time pay the ssme or eny part thereof without waiviny or affe<tEng any opiion, lien, equity or
~ .iqhf ~nder or by virtue af ri~fs moitgage and rhe tuli amounr of each and every such peymeM •hsli be immed~ately due and payeble and sha!~ bear interest
~.om 1he date thereof until peid at rete of nine per cenrum per annum ~nd together wfth such 'rntsrest shall bt ~ecurrd by the lien af th's morgtags.
~ooK 133 5~0