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HomeMy WebLinkAbout2049 , 1-~.~ ~1 31~ THIS INDEN?URE, Mad~ tM ~~-St day p} Mf1rCh JEUnes Snow and Ar.h9AhR1 Snow. hia w±fe ~ ~.o. ~9~.~ of A n ~t}^ ~ County Florida, Mtrei~aftK d~iiyn+ted ss the "MORTGAGOR;' •nd FIRST FEDERAL SAVINGS AND LOAM ASSO~IATfON OF FORT PlERCE, a cwpora?;on ayan;zed +nd sxiatinp w+de~ tM laws of rM Ue~t~d Su~~i of Americ~ +nd Mvir?p iri principal piac~ of buunass in 1M City of Fo.t P;~tq, Si. luci~ County, Fbrid~, here~nafta desipnat~d u tM "MORTGAGEE:' WHERFAS tl+~ MORTGAGOR is j~nHy indebted w ths MORTGAGEE in the sum of ~ ~n• 00 , yood and I~wful money of th~ Un~ted Srares advanced by tht MORIGAGEE unto ths MORTGAGOR, as evidenccd by a cMtain promiuay nore of even da~n henwith, of which th~ followinp in wqrda and Fipw ~f a trw topy, bwiC ~ s ~t ,100.0~ N,_ 13,li2?_ f«t P~ercs, Fi«ida, M9rch 31 ~ ~p Fo? value received, 1, we w eithe. of us, promeu to pay, wi~hout defatcarion, to the wder of FIRS~ FfDFRAI SAVINGS AND IOAN ASSOCIATION QF ~ FORT PIERCE at fwt Pi~rce, Florids, the sum of • 1~0 ~~0 ' f w+th interes~ from date at the rate of 6~~~ per ann~m, in monthly ieutall- ments as fottows: s~~~ •n~ on the] ~th day of M~1~' 19~ snd s Gk~ sum on the cwrospoodinp day of esch month ther~- ~fte~ until the whole be fully p~id. • Each installment first thall be applied in payment of tM inrerest and then on t!K unpaid batance of tF.e princ~p~l sum. tf default is mad~ tn tM payment of s~y insratlmenr when dus, and such defaub con~~nues 30 dsys, then ~t the option of the holder, ~nd witlw~t any otF~ notice, all the re~ruining :nstallrnenq shall be due and payable at once. Privilcge is yiven to prepaY thii note in whob w in psn ~t any t~me witho~t pen~lty. •NeitMr forebearanc~, nor acceplancs by the holde~ the~eof aita ~ny default in any p~ymem~ hereon, sh~ll be dee~ned extension. A I~te p~yment charg~ of s~• Qrf shali b~ addcd to each ina~allw~ent remaining unpaid 7 dayrt afre~ ib dw date, and a lik~ sum shall be added to eich such installm~nt remainirg uepaid 7 day~ aher each succeeding payment da1e. Each rtukc., surery and endoruv heroof, jointly and sevenlly, waives dcmand, p?esentment protest snd notice of proteet fo~ nonpayment, and furthe~ agrees to any extcniw~ of time of payment, citlur befwe or aftrr marvrity, without notlce to any of us; and to pay all costs of collection, includirg a reasonabk attorney's fee in the event of any defauh hereunder, and hereby severaUy waiv~s all benefit of Fwmestesd and exemption ur?der tM c~nstihrtion and law~ of e~ch S~ate of the United Sutes, as agsinst this obligatio~ w any extension w ~enewsl hereof. Witneu the h~nd and seal of each party. ~ _s~ J~mes Sn~x ~q ~(`~'19AhR~ ~T1AW ~U ~ 6. ~ 5 ~ St.h R~. c~"" cs?,n,p, tanc.u.d o~iy~~,~ not.) NOW, THEQEFORE, the MORTGAGOR for fhe purpose of secur;r~ psyment of s~id ~wn of ~ ~ n~ , ~nd fh~ performanu of tM covtn~nb ~nd ay~~ements hereinaftar expreased, and for diven ~ood snd valwbl~ tonsidt~~Ywns, by th~s~ preaenls, does yr~nt, barQsin, sell, remise, release, conv~y and conf'um vneo ths MORiGAGff, its succeswn and assiQns ail tMt cert~i~ Iot, pi~q or partal of land, situat~, lyi~p, ~nd beinp in th~ ~a„~ty of - S t~. T.t 1 n ~ A y and Stat~ of flwida, daorib~d u fdlows: T ~t Rlock 1, J. S. Keen~ s S~~b~i visi on, 1PSS the North 20 feet thereof, ~Q r.er nl~t thereof rpcordPd fn P].Rt ROOI~ 1~ at ~~~e ltl, ~f the nuhlic recor~s Qf ~t. Lucie ~ni~nty, Florida~ :~~ki~~: r~u~-ciu~i DOCUMENTA~~STNM_ P Ta%~ - -6 T ~ ~ ~.E~ ~ ~ = i~'~~ :~s v ~ J= M4,~t~F`ota~~ H ; v~ V Co+!PTRO! lER ^ _ P 1 ~ P _ ~ y%_ ~~1 ~p`+ ~'gs1 R 19~133 ~_c~-= % ~ E~' F ~ N ,.E f ~,tc J lJ a~~ ~a. G~~1tl ~ v.SS G I?PS ~~t'Yt ~,~t ~1sS - ~Oi? NZ t~ ~ ~ ~ L ' ~~RS~ 4-~~`'~~U-`~y Ld\a~tQ~ ~pK ~`-rr,,F?~, E1t tt?'1 tb* ~~~yt! G S •`~~CP`~ i`1 togetFw with •II and sir~ul~r the tenements, hefec~:aments and appurtances therwnfo b~lonpinQ or In anywise ~pp~A~inirg therNo, u~d dl renn, i~wes, Aroceeds ~nd profits ~cauinp and ro sccrue from ssnc premises all of which u~ intl~d in tM abov~ and forpoiig d~scription and F+~bt~dum. TO HAVE AND TO HOID the ~bove deu?ibed u+d yraoted premises umo tM s+Fd MORiGAGEE, ifs suocesiors and auipns forewr. Md th~ said MORTGAGpR for tha~--- hein, ~xecutors, administr~tors and assiyra, Fwreby covtn~nn with tM wk! AMDRTGAGEE, its wcc~ssws +~d aaqn, rhat •~~4 A~'~-- lawfully sei:ed of tht aid pemis~s in fee simplr, tMt 1M sarm u~ fr».. cteu n+d dixh~rysd from at) lieru ent! encvm- brances in bw or in equity, and that~_ will and t~''- - i r htirs shdl warraM ~rd d~fend tM tifl~ to tM to th~ afd A10R7GAGEF, iri succeuors and assigm, faever ~yairot tM Iswful daim! ~nd darnands of ~II perwntj PROVI~ED, ALWAYS tMt if tM MORTGAGOR sh~ll pay unto the MORTG/1GEE tM pranissory eot~ here'u~b~iort dacribed and sMll truly, promptlr and fu{IY perform, difch~rye. eaecut~, complete, comply with ~nd abide by e~ch ~nd ewry t!r ~tipetatipu, preNAenb. conditiom and corsn+nri ot s~id ; promiuory nor~ and of this Morfpape, then this Mwty~e ~nd tM Esute h~r~by crated sMll c~aw and bt null and void. 3 IT !5 UNDERSTOOD tMt the wwd "Maty~yar' whNher in tFw sinpvlar ot plwal ~nywi~~ in this Mwtyap~, ah~ll b~ sirgulu if on~ only and ~ shall be plu~al jointly and ~ever~lly if more than one, and that tM wwd "thei~' as usad ~nywMr~ in this IY~wt~qe sMfi t» tsken to rrwan "ha: "7wn; ' w"irs." wherever th~ context w innplin or admin. Abo, rl»t wlwr~wr there is ~ r~fer~nu in th~ oov~n~nb and ~nernents Fw~in oont~inad to ~ny of tF» p~nies her~to, the sarne ~hall b~ cautn+ed to mean as well u tM h~irs. Ipal npnsentstiws, sucaason and ~asipro (eitha valuntary by sct of th~ pania or invol~mary by ope?ation of ttw I~w) of the ssrr~ ~nd that ~h. oov.n~nn 1w.eio comain~d ~ha!! b~nd and tM benefia snd advamsya irwn ro ths reapeniw hein. I~pal ~eprssentativa, wccesio~s and ~u~yrq of tFw panas haeto. Md s+id Mortypas, fw themselva arw! tMir hein, lepal repr~s~e?tativas, avccesron and usipru, her~by jointly u~d sew?ally covenant and ~yr~e ro ~nd with tM s+id MORTGAGEE, ~n successon and assiqns: t. To pay all ~nd sinyvlu th. prinripal •nd imer.sr u+d the variovs a,d ~w~dry w~ra of mwiey pir~bl~ by virrw of said promiawry note. ~nd ths morty+ye. ~ach s~d waY. P?omPtly on tFw dayt r~spettivdy Mw sarM stwr~lly b~totm ~hie. 2. To p~y all and sinpvtx th~ uxes, aues~,n~nn, tsvies, li~bilities, obliyatian and encumbnnns of w~ry naturt ~nd kir?d now on said deaa~d P~op~tY. a thsf hereaNN may be impoad, ~uffaed, plaeed, kv~ed, or ~~essed tl+~reon. Of tlMt I1Kl~ffN RIiY bf IlYifd p auesaed ~rpa~ ti~is Maty- ,p~, or the indebfedrwss s~cw~d Mr~by, ~+d~ and wery, wMn dw ~rd payabb, ~ocwdinp ro law, before th~y becam d~linqwnt, u~d before ar?y Gnuat anaches w any penalty p incwred; AND INSOFAR AS A THEREOF IS Of RKORD THE SAME SHAU SE PROMPTLY SATISFIED AND DiSCHARGED OF RECORO AND THE ORIGIIWI OfFK1Al OOCt1MENT (SlK~ A5, FOR lNSTANCE, THE TAX RKEIPT OR THE SA715fACTION V/:PER 4FFICIAIIY ENDpRSED ~ OR CERTIFIED) SHAIt 6E PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DATS NEXt AFTER PAYMENT; ~nd in the went Ihst any therwf i~ not paid, sat'sfied a~d disc}~a~ed ss:d MORTGAGEE may at any time p~y the sam~ w any put ~Fereof withouf w~ivL+p or affect' .;aht vnder or by vi~tue of this mortyape snd fF~e full amovnt of each and e~. '^Q ~^1~ °P~°^, lien, equiry a ry svch p~yment ~II b~ irm~ediat~ly dw and payabb ~nd ihall b~ar interqt ~~om ~he da~e tl+ereof ~nri1 pa~d at r~tt of ~ine per cenhim per ~euwm ~nd topetF+N with wch intNKt shall be secur~d by the lien of th:s morqtpe. 8flox ~ 4z z4~ ? ~ ~ ~ ~ ~ _ ~ . ~