Loading...
HomeMy WebLinkAbout2378 , . . -L~~.~_JJ ~ iHiS INDENTURE, Mad~ rr,. Y$th d.y of . December A.D. 19~1.., t»nw..n Th~a W G~A ~ d Frence~ ~I~ Gor~~ of .S t_ Lu~i~_ c~,~rr Fia~d., h~r~iryhm d~tlgn~tcd as th~ "MORTGAGOR," snd FIRST PEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, • corpc+.etion orqanix~d and •xi~tinq vnder tha lews c,f tM United Stnt~~ of Americ~ snd h~viny itf prlncip~l pl~c~ of business +n th~ City of Fort Pirres, St. Lucie Counry, flo+ida, henin~fter des~y~+ted es th~ "MORTGAGEE." WHER.EAS the MORTGAGOR is juitly indebtsd to tM MORTGAGEE in the wm of S 7~~ -~.Q good and lawful manay of tha United States adver,~ed by the M4RTGAGEE unro the MORTGAGOR, as evidenced by a cart~in promisiary note of even date herewith, of which the followiny ln ~y . ~O~ .roo a Iru~ copy, fo-wit: ~ G 1 Z 2 Fort Pierce, Florida, becember 18 ~ ~q for val~a received, 1, we or either of us, promise to aay, without t3sfelcation, tQ the order of FIRST FEDERAI SA~INGS AND LOAN ASSOCiATIbN QF FORT PIERCE at Fort Pierce, Florida, the sum o~ i~ f 700 • Q~ wrth interes from date at the rate of °ro per ennum, i~ monthly imtall- menta ax follows: • on the ~-~~'h day of Februery lq 6~ and a like tum on the corr~spondinq day of each month there- efter until the wh~ie be f~lly paid. Each instaliment first she;i be applied in payment of the interest and then on the vnpaid balence of the princ~pal fum. If default is made in the paymrnt of any instalimer,t when due, and sucfi defa~it continvea 30 dayi, then et the option of the holder, and without any ofher notice, all the remaining insrallmenta aha!I bE due and payable at once. Privilege is given to prepay this nofe in whote or in part at any time without penalty. 'Neither forebsarence, nor •cceptence by the holder thereof a4ter any defauit in any paymenl: herean, shall be dtemed extension. A late payment charge of = 2• ~ shall be added to tach installment remaining unpaid 7 dayi after it~ due data, snd r lika ium ~hall be added to each ~uch imlallmant remeininy unpaid 7 d~yf ~fter eech wuceding paymem date. Esch make~, surety and endor~er hereof, jointly and uvera~ly, waives demand, preaentment protest end notice of prorest for aonpayment, snd further agreei to any extension ot time of payment, eirher before or after maturity, witho~t not~ce to any af us; and to pay all costs of collection, includ;nq e reasonable ~ttorney's fee in tha event of eny defautr hereunder, and hereby severally waives atl benefi4 of homesteed end ezemption under the cnnstitution and laws of each State o} the United States, as aga+nst thi~ o6ligation or any extension or renewal hereof. , VVimess the hand and sea~ of each parry. ~ s Thoma s W. Go re (SEAIJ ~ Frences J. Gnre ~sFA~~ (SEAL) _ _ (SEAI) ; ~ • ~ ~ ) Stete Revenue ' (StamGt tantelled on original note) 2~~O . 00 fvOW, THEREFORE, the M~RTGAGOR for the purpose of iecuring payment of seid •um of = ~ and the performanca of tM covsnants and a9rxmente hereinafter e~cpressed, and for divert good and valuabls cansidsrotions, by tF~se preuntt, does grant, bar~ein, sell, rernise, releaee, co~vey •nd confirm unto the MORTGAGEE, its •uccessors and aisignt, ell that certain lot, piece ar parcel of land, tituate, lyiny, end being in the Counry of S t. I''u C i B - snd 5tate of Florida, dearib~d a~ follow~: Lots 10 at~d 11 of Block 18, of A. C. Dittmer~s 5ubdivision, es p~r ple1; thereof on fi.le in Plat Book 1, pege 27, of the public records of ~t. Lu~ie County, FloridA, ~ S7'A1 ~ o~ 1=LU~-tiU~? U ~ DoCUnqENrAp~ sraMP rax ~ ~ - OEC3~'65 `',J.y~,,{'~ = d ^ C7 A RECl~El~: IN PAYM~YTbPTAx[' U ' ~~'F O~= pUEON CLASS'C' tN7ANG~P~ E FE=S~NAL PROpEdTr, N COMpTROLLER ,c ^";v - FURSUANT 70CHAPTER "[G;74, t~:T.•. ::'r i54), P.6.,4o,as . _ RCG F PQITRA;, C+-rk Cira..~ ~..vrt aq:.~...;r i::~ ~4:T15 M. J,~.~t~5 5s,1~xi~ auNy To: Cc~~clot ~ ~_..uv~~~~- together with all and •inguiar the tenerv+enti, hereditaments and •ppurfav~ces thareunto belortying w in anywis~e appertainirtp ihereto, and sll rent~, iuuef, procred~ and p~ofitt earuinq end to accrve from ~aid premius all of whidr are included in the abov: and fo~eqoiny dsuription and habend~m. TO HAVE AND TO HOLD the ebove described and grantcd premises unto tM ~a+d MQRTGAGEE, iri suttesswa ~nd assiqns forevtr. Aru! Th~ ~aid MORTGAGOR for -~~~-r heir~, executar~, edminiitrators and assiqni, hereby covenant~ with ihe said MORTGAGEE, ita auctesson •nd auipni, that --~h@-~ 8 re-- lawfully ~eized of the said premiaa in fee aimple; that tM s~me ~n frae,, clear end diuharyed frorn all liens and ~ncvm- brance• in lew o? in eqvity, a~d thet t+he will and the i r heirti •hall wsrnnt and defrnd th~ titl~ ro th~ samo to tF» sald MORTGA~iEE, its •uccesion and aasi9rts, forever sysin:t th~ lawful tleim! and demsnd~ of •II perwru; PRdVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuary not~ hereinb~for• dKCribed and shall truly, promp~ly an~ fully perform, di~tharge, Q7fKUTC, complete, comply with and ebide by ~ach and ~vsry the stipulafions, a9reeA~~nri, tonditlorrs snd covananri of xaid promis~ory note and of this Mortyage, then thi~ Mwt9ags and the Eitste her~by created thall te~~ snd be nvll sr+d void. IY I$ UNDERSTOGD thst the word "Mortgsgor" whethar in !he tingufer or plural ~nywher~ tn thi~ Mortya~s, thall be •ingular if one anly and sh~ll be plural joimly end uverilly if moro thin o~, ind that the wurd "their" uf~d •nywMr~ in this lNortpaye ~hall be tak4n to mein "his," "hars;' or "ir~," wherever the contexf ~a implies or sdmits. Al~o, that whersve~ iher~ is a referent~ in tlu cnvenann ~nd a9reomens~ fisrein cont~in~d to •ny of fhe parties hereto, the ~+me ~hell be conitrued to me+n ss well the Mirs, Ipal representativet, autttuors and uaiyra (slther voluntary by act of th~ partie~ Q~ involuntary by operation of the law) of ihe ieme and thet ihe covenanb hertin cantained shall bind and the benmfitt and sdvanrayes inure to tM resptctiw hein, I~yil represrntatives, wcce~sor~ ~r+d ~u~gns af th~ pania Mreto. i And said Mo~sps¢ort, for tMm~elves ~nd their hsirs, 1e~al represent+tiv„, succettwt s~id ~ui9ns, her~by jointly and sevarally covensnt and ~grsa to snd with tfla uid MORTG~+GEE, its ~~tcessars and s:sigm: To ~Y el! ind tinqular fh~ prir~ip~l and int4test and the veriou~ and ~~~dry ~umt of monty payeble by virtw of said promiuary note, ~nd thi~ mwtgaye, ~ach ~nd ev~ry, pcomptly on t1+~ day~ respectivtly th~ sam~ av~rally betarK dw. 2. To pay all •nd ~inyular M» taxar, ~ssessmenn, I~vies, liebilitie~, obli~atiorn and ~ncumbrances of every nature and klnd now on i~id deuribsd proparty, or thot hereah~r may bs impwed, suff~red, pl~ced, levied, w aa~si~d tharwn, a tMt her~eh~r m~y b~ lev~ed a asa~usd upon thi~ Mortp- ap~, a~ ttk irxl~bt~drx~s sscured herrby, each ar+d w~y, when dw and pKyabls, accwdinp ta I~w. befon thsy becomf dslinquent, ind befora my tntsrfst attecf~es or any penelty i~ Enturred; AND INS~FAR AS AN ?HEREpF IS Of RE~ORD THE SAME SHALL BE PROMPTIY SATISfIED AND OtSCHARGED Of RECORD ANO THf ORIGINAL OffICIAI DOCUMENT (SUC~ AS, fOR INSTANCE, THE TAX RECEI?T OR TNE SATISfACTfON PAPER ~dFFICIAILY ENDORSED OR CERTIfIED) SHALL BE PIACED IN THE HANDS Of SAID MOR7GAGEE WITHIN TEN DAYS NEXT AfTER VAYMENT; ~nd in the ewnt that any thereof i~ not paid, s~t'sfitd •nd disch~ryed uid MORTGAGEE may at •ny tima p+ry tF» am~ a+ny p+h ~he~pf withaut wrivinq w aff~dinp any option, li~n, equity w ~ .iqht under or by virtue of this mortyage e~d the fvll amount of eath ~nd every ~uch peyment ~Ft~ll b~ immedi~t~ly du~ and pay~bla and shall btar i~t~rtst ~ From the date thereof until psid it rote of nine per ce~t~m per annvrF t r with ~uch interesf ~hall be ucurKl by th~ lie~ of th:f mwqt~Qe. BOOK . ~