HomeMy WebLinkAbout1577 . 1 ~~~~~5~-~
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' ?~1~:}i MR~''Cr A.D. 19vv - betwNn
IHIS INDENTURE, hMd~ the day of Schen~r~o~h h~9 W~f9
npvjcl S~ S~hQn~n~o~h and Doria N.
~ of St• 1'~1Ci e Counfy Flw~d+, hareinaftN d~sipnat~d as 1M "MORTGAGOR," snd fIRST FE~ERAL SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE, • corpont~on wy+nized ~nd existing undM tM lawt of fM Unit~d Steas of /lm~ric~ ~nd Mvinp in printipal pl+c~ of
~ busin~u in tM Ciry af fwt PiKU, Sr. tuci~ Covnty. Flaida. MriuaftK d~s~yn~t~d tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is juitly indebted to th~ MORTGAGEE in 1M tum of =7Z.~~0 ~ n-~ good +nd lawful ~noney ot the Un~ted
Sta~es +dvanced by th~ MORTGAGEE unto the MORTGAGOR, ai evidenced by • urtaio promissa~y note of even date her~with, of wh~ch ths fotlowinp in
wadf and tigurei is a trw copy, to-wit:
= a7,ItOn.04 March 2l~, 19
Fwt Pitrc~. Florida,
Fw value received, I, we or either of ua, promiie to pay, wi~hout defalcatiw~, ro 1he order of FIRST FEDERAI SLAVINGS AND LOAN ASSOCIATION OF
FORT PIER~E af Fo~t Pierce, florida, the wm of L~7..~ ~~0 w~th inLterLest from dst~ ~t the ute of .4~96 p~ ~nnum, in monthly insull-
mcnts ai follows: S 197 •~0 a+ the ~th d+y pf `jil~. ~qv~~ `+nd a like sum on ~he cwre~pa?dinp day of cxh month ther~-
after unt~l the .vhoie be fully psid.
Each installnxnt first shall be applied in paymenr of the interest and then on the u~pa~d bslance of tM princlp~l tum. If default is made in tM
payment of any installment when due, and such default continves 30 day~, then at the option of the holde~, ~nd without any other notice, all the remaininy
~nstallments shall be due and payable at once. Privilepe is g~ven to prepaY this note in whol~ a in p+rt at sny Y~ms witho~rt pen~lty. •NeitMr forebear~nce,
nw ~cceptance by the holder thereof aftcr sny default in any paymentf hereon, shall be deemed extension. A late p~yment ch+rpe oi i 9-~
K sMll b~
added ~o each instaltment remaining ur+pa~d 7 days after ~n d~,e da~e, and a like wm shall be added ro each svch imtallmant ran+ininp unp~id 7 days after
each tucceeding payment date. •
Each m+ker, ~urety snd endorur hereof, jointly and uverally, w+ives demsnd, prese~+tment protest and notKe of protest fo~ nonpayment, and funhe~
agrecs to any extens'~on of time of payment, eithcr beiore or aiter matur~ry, without notice to any of us; and 1o pay all costs of co~lection, includ~np •
reasonable attor~ey's fee in the event o( any deiault hereunder, ~nd hereby seve?ally w~ives all benefit of homestead and exemption u~der th~ cenftitution
and Iswi of txh St~te of 1he United States, as againat this obligation w any exteosion w renew+l hereof.
WitRCSS ?he hsnd and seal of each party.
. navid ~ Schen~n~ioah ~
~ ,~a 1 nor~ s N. S henandoah ~sF,?U
. tse~U
(SEI?U
( ~ l l~ 1 n ) Stat~ Revemie
(Stamq cuxelted on wiyinal note) 7'T ~~~(lO ~ OO
NOW, THEREFORE, tF?e MORTGAGOR iw the purpose of securiny p~yment of s~id swn of ~ .~nd th~ perfonnance of th~
coven~nri and ayracments hcrtin~fter expressed, and fo~ diven 9ood and wlusbl~ tauider~tio~a, by thes~ prese~ts, does qrant, bupain, ull, rem7se,
releis~, conwy and confirm ~nro the MORTGAGEE, iri ~uccessws and sai9ns, dl tMt certain bL pi~u or pucel of land, tltNitf, lyirg, and beinp in th~
~~~y ~ St • T~uCi A ~nd Stat~ of florida, d~wib~d ~s fdlowt:
All of ?~ot 13 and all of the ± rart of Lot 1~ lvinp Within 25 feet of t he
? i.ne divi~iin~ said lots 13 and l~t, Block 1~, ilnit #2, River Park Sub-
~_vision, as rer nlat thereof recorded in °lat Rook 10, naae ~2, r.uhlic
rerOrc~s of St. I:ucig Countv, Florida~ ?
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N V C04PTRCLIER = St,l'~'~~
{)F1,190~39 ~`i~o,??~----
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toyNhtr with all and sinpulu the tenements, herec~:!amenh snd ~ppurtances therwnto b~faginp or in ~nywis~ ~ppertainirg ther~to, and ~II renn, iuws.
proceed~ ~nd profits xuuiny and to acuve from sai~: premises all of whid~ art indvded in tht ~ban and forpoinp description snd habendum.
TO HAVE AND TO HOID the above dex~ibed ~nd ~ranted premises unto t!w said MORTGAGEE, i1s suues+ors and assipns for~vK. Md t1M s+~d
MORTGAGOR for th i r ~„u,. ~x~~. ~ini~traton ~nd auige+s, hereb~r oowna~b with the said MORTGAGEE, its successors ~nd auipro.
the~ are ,
thst awfally seized of tF~ said prem~s~s H+ iee simple: that th~ s~mt ~r~ frk.. cku ~nd disch+rped f~om all lie+n snd ~ncw~?~
~ b.soces in law or in equity. ~nd tMt t-n@y will ~nd ~heir h~ir~ shall wanant and d~f~nd tM titb to tFw sam~ to tM wid
MORTGAGEE, its svcussors ~nd augro, faever ~y+irot tFK (awfvl claims and d~m~r~ of ~II pKwrot
PROVIDED, ALWAYS that if t!w MORTGAGOR shsll p~y unw tM MORTGAGEE tM promisswy not~ her~inbeior~ dewibed a"d ah+~~ f?uly, promptly
^i and fully perfwm, disch+rye, ex~cute, oomplate, comp~y wirh snd ~bide by ~ach aed every the itiput~farn. ~sNne~n, condifiom and oovenueb of a+id
~ promiuory not~ snd of this Mwtyap~, tl~a+ this Mortyap~ and the Est~te her~by uat~d sh+ll c~aN and b~ null ~nd wid. `
IT IS UNDERSTOOD tMt the wwd "Morty~or" whstMr in tM sinpular ot plwal ~nywh~rt in this Mortpa~, sMll b~ sirgvlar if oew only ~nd :
~ shsl! be plunl jointly ~nd ~ever~lly if mor~ th~e on~, and tMt the word "tFwu" ~s vsed anywlKn in th~ Mortpape ~hall be tiken ro me~n "F~a:' "h~a:' r
or '•;n," wherever the conteat w implies w admin. Alw, that whtr~v~ tha~ b ~ r~f~r~na i~ th~ covsnams +nd a9neme~n hersin cont~insd to ~ny of 3
~ the parties hereto, the same ~hall be construed to me~n u w~tl ~s tM heirs, kyal npra~ntatiws, sva~wrs and ~sigm (~itF~er volunury by act of tM ,
~ parties a invdunqry by operation of tM law) of the sam~ ~nd t~t ~h• ooven~nn he..in conrain.d ~h.ll bind and rh. ben.fin •nd adv+m+y.s iow~ j
^s= ro ths respectiw Mirs, kyal representat:ves, sucusson and ass~ru of ttw puties hsr~ta r
~
~ /~nd ssid Mwtypon, for tFmmKlve~ and their hein, bpal r~prss~nt~tiv~s, tuueswn and astipru, h~reby ioir+th +++d sevsrslly coven+nt and ~yr~e i
~ to and with tFw said NWRTGAGEE, iri suctessors +nd as~iqns:
~ 1. To pay all and sirgvlar th~ principal u~d imerest ~nd thi wrious and wrdry sans of montfr Wp+bl~ bY virtw of said promiuwy note, ~nd this i
~ rnorty~e, each and ewry, pomPtly on tM days rapectivsfy tiw same Hv~rallp b~carn du~. '
~ 2. To p+y all ud sinyular th~ ta:es, usestmenb, kviws, li~bilities, oblig+tions and enc~mbranus of ev~ry natun ~nd kind now o~ s+id desuibrd
, propKry, a that hereaher may b~ impwd, wffa~d. P~aced. Iwied, a astes~d M~er~on, w tMt fier~~fia may b~ kvid a ass~aed upon this Mort¢
aye, a fM i~bt~drKa secund hersby. ~ach and ~very, wFwn dw ud payable. +~wrd'r~p w law, b~fw~ they becorne delinquent, H+d befon any inte?ea
stuches or seryr penalty is intwred; AND INSOFAR AS At~!~ 7HEREOf IS Of RKORD THE SAME SFIALI bE PROMPTIY SATISFIED AND DISCHARCrED OF
~ RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER -0FFIa:lAILY ENOORSED
OR CERTIfIEO) SHAII 6E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX: AFTER PAYMENT; and in ~Fw went tMt aey tl~eaf is not
~ paid, satsfied and discMry~d s+:d MORTGAGEE may at aoy time p+y the i+me w sny part ther~of without waiv7n~ or ~ffectirg +eY oP~^. ~~b a
s cm F~e date tF~treofue o' thi~ ~ 9~°f nir+ethe f clentum nt o.nnvin and tv~he~ w~tFh wch~im~r'isf ~hal,mnediat~,•d by the
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~ ~oox 141 374
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