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HomeMy WebLinkAbout1024 THIS INOENTURE, AAad~ th~ ~~7th day of .Januarv - 19~... betw~tn Loren R. MacMaster and Norah M. MacMaster, his wife * -i - - of St. Ll1Cl@ Cp~rtty Flwida, htninaftN d~sipnated ~s tM "MORTGAGOR," ~nd fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE. • caporat~on orp~niz~d and sxis~inp w~dK tM laws of tM United Sut~s of MNrica and Mvinp ib principal pl~c~ of buuMU k~ th~ Gity of Fort Piac~, St. luci~ Ca+nty, ftorids, hereinafta d~sigr+ated th~ "N10RiGAGEE." WHEREAS /M MORTGAGOR ia iuitly k~debt~d to tM MORT.''iAG£E in tM sum of : 9, S~ • 0O good +~d Iswful mor+sy of the Un~ted Statei advanced by the MORTGAGEE unto 1M MORTGAGOR, as evidei+ced by a c~rtain promiuory nore of ewn dHe M~ev~ith, .of wh~ch ths foibwinp in wordf and (igurK it ~ irw copY, to-wit: . ~ 9, 500. 00 14 . 681 ~on P;~?~.. F~a;d,. - Januarv 27. ~y 68 Fw value received, 1, we or either c+f us, p?omise to pay, without def~lcation, ~o the order of FIRST FEOERAI SAVIN^vS AN~ LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of = 9~ 5~ w;th interesl from date at the rate of 6• 7~ p~ +~wn. in monthly instalb ments as follow~: i 73. ~O lOth day of March ~p 68 snd s like sum on ths carespondinp dsy of each month tMrr ~fter vnfil Ihe whole be fulty paid. Each instaltment first ~hall be applied in ~yme~t of the interest and the~ o~ the unFa~d bal+nce of tF~e princ~pal sum• If defaulf a made in ths payment of any insta~lment when d~e, u+d svth dcfautt continues 30 days, then st the optan of the holder, and without ~ny other notice, sll the remainir?g installmen~s shall be dw and p+yabk at once. Privilege is given to prepay this note in whale w in part at ~ny time without penalH• 'Neither forebearance, nor ~cceptance by the holder thr~eof sfta any defauh in anY paYments hereon, shall be deemed ex~ension. A late payment char9e of ~ 3• 65 , sMll be added ro each installine~t rem~ininy ~a~paid 7 days afte~ ib dw date, +nd • like wm shalt be added w each tuch installment remainin~ unpaid 7 days ~h~r each wcceeding psYmcnt data Each mska, surety and endorssr hereof, jantly and severally, waives demand, presentment protest ~nd norice of protest for nonpayment, and fuhl+er sgrees to any extens'wn of t~me of payment, either before a af~er maturity, without eatice to sny of us; snd to psy all costs of collection, includ~rq • reasonable attwney's fee in the event of any default hereunder, and hereby severatly waives all benefit of homestead and exemption unckt the con~titufion and Iaws of each State of the United States, as against this obligation a any exteniwn a rencwal hereof. ~tnes~ the hand and sesl of esch party. ' . S/ Loren R. blacAiaster ~U S/ NoX h M. Macrfa,ster (SE~U tS~1?U ~ $ 14 . 25 ) sr.te aevenw (Stamp~ uncelled on oripinal note) NOW, THEREFORE, ths MORTGAGOR fw the purpose of setwing p~yment of said sum of s 9, 500. ~ ~~d tM perforen~ncs of tM mven~nts ~nd +~rsements hereieuftcr expressed, and fw d~vers 9ood +nd wlusble coraider~tion~, by thes~ presents, does 9ra~t, b~rpain, utl, rem~se, releaN, conwy and confirm unto tlw /NORTGAGEE, iq s~?ccesw?s ~nd auiyns, dl that cenaio bt, piec~ w pual of laed, sitv~tt, lyinp, and b~irg in 1M ~ St. LuCle ~nd Stat~ of florida, dswik»d as folbw~: That part of Lot 14, of Block 2, of FORT PIERCE SHORES, UNIT ONB, as per plat ~ thereof on file in Plat Book 9, at page 9, of the public records of St. Lucie County, Florida, described as follows: From the NW corner of said Lot 14, run southerly along the front line of said Lot 14, to a point which is 32's feet south of the NW corner of said Lot 14, measured along said front lot line; thence run Easterly to a point on the rear lot line of said Lot 14, which is 32~s feet Southerly fYOm NE corner of said Lot 14, measured along said rear lot line; thence run Northerly along said rear lot line of said Lot 14, to the NE corner of said Lot 14, measured along said rear lot line; thence run tJesterly to the point of beginning; r1LS0, Lot 13, of Block 2, o: FC~RT PIERCB SHORES, UNIT ONE, as per plat thereof on file in Plat Book 9, at page 9, of the public records of St. Lucie County, Florida, i ~ RECfJ~ED f 111 PAYMiNT OF TAREd DUE ON CLASi'C' INTAN6IB~E PERSONAI PROPERI'r. - - - rURSUANT TO CMAPTER II072~, ACT~ UF 1l41. W I~1 1 C r L U{~ 1 UA R4G-R P~~ITR:1>, Cleirit Circuit ~ urt j Z DOCUMENTA~~_ STAMP TAX ps Agent for GU~t?IS M. JAM~S ~ = FEB-2'68 ` - - St. Lucis Tax Collecbr V ..f`~ : ~ o _ I 4 2 5= ~~od~.~.ceC N COM.FTRCLLER _ pR,,o,,=R oJ,-~ _ = °r oEw,n c~.~nc topether with ~II and siny~lar ths tenemen», hereditsmcnri and appun~xes therevnto belaginp a in anywise apperaininp thereto, ~nd all tenb, iesues. proceeds u+d profin xcruing and to scvue from said prcmiaes all of wFiich ar~ i~xlwl~d in the abov~ and fwe9oin~ description ~nd habend. m. TO HAVE AND TO HOID the above desvibed and yr~med premises umo tF+~ said AAORTGAGEE, its waesson +~d +ssiyns forw~r. Md tM sald MORTGAGOR for, thelr heirs, executon, adminutrators and •uigro, I+K~by covensnri with tl+e said MORTGAGEE, its svcces~ws +~d ~uipra. thst they `'JITe lawfully ie~zed of the said prem~ses in fee simple: that t!w s~me ar~ fr~e.. ckar ~nd discharyed ~rom aIl lieru and encum- bances in I~w or in equity. snd that they N,~~~ their beirs sh~ll w~rrant and defend tM titk ro tM ~sm~ to tM s+id NIORTGAGEE, its successors and auiyns, forev~r apainst th~ Iawful cla"unf snd demaods of +II penontt PROVIDE~, ALWAYS tl»t if the MORTGAGOR sMll p+y unto the MORTGAGEE tFw promiisory nots heminbefore destribed ~nd ~MU tn?ly, promptly aod fully perform, discf~sry~, e:ecute, compkte, comPly with and sbide by esch ~nd every the stipulations, ayreemcnn, conditions ~nd cwenan~s of said promissory ~ote snd of fhis N1ort~+ye, then this Mortq+y~ snd the Estate hsreby veated shsll ceu~ and b~ null ~nd roid. tT IS UNDERSTOOD thst the word "JNortyspor" whetlx~ in the sinpular w plural ~nywhers in this Mortgape, sl~all be sinyul~r if one only and shall be plut+l jointty and ~ever+ly if more than o~e, and that tFw woid "their" as used ~nywher~ in tha Morty+y~ shall be t~ken to mean "his:• •'hen;' w'in:' wherever the context io implies w admits. Also, that whereve? there it a referent~ in th~ coven~n» u~d ayreements herein co~tainad to any of the puties hereto, th~ ~ame shall be corntrued to mean ~s well ss the heirs, My+l nprsientatiws. tuccessors +nd assi9ro (eifl~er votu~tary by ~ct of tM parti~s or invol~nury by oper~tion of the lav:: of the same a~d th~t ths covenants hersin cont~irnd ~Full bi~d .nd fia benefin a~d sdvm.p.~ inun ro the rnpective hein, I~yal reprosenhtiv„, waeuors and ~u~ym of the psrti~s her~to. Md said Mort9a~ors, fw themsetves u~d their h~in. Isyal representatives, sixceuws and augns; hereby jointly and sevenlly cw~nant and pree 1o and with t:w s+~d 1NORTGAGEE, iri wccessors a~d assiym: 1. To psy all and siegulu tM principd and interest and the v~rious ~nd wndry sums of ma+~y paY~ble by virtw of said promiswry rate, and thit mortpaqe, each and evsry. WomPtly on ~h. day. rsspectiwly the ism~ sw~r~lly becoem dw. 2. To p+y atl ~Ild HIf~YIF 1F1t t~IIN, auessmenn, levies, lisbilir'~es, oblip~tans a~+d ~ncumbr~nca d every nature and kind now on aid desaibed propsrty, or that hereaher may b~ imposed, suffered, placed, levied, or aws~ed tl+ereon, w ti+~t hereafia msy b~ lev~ed a aueased irpa~ this Mortg pt, or tl+~ indebtedneu secured her~by, e+cfi a~d ~very, when dw +nd p+y~bk. ~ocordinp ro law, befor~ they becom~ delinquent, and befa~ any int~rest attaches w aoy penahy is incwred; AND INSOFAR AS A THEREOF IS OF RKORD THE SAME SHAII dE PROMPTLY SATISFIEO AND DISCHARGED OF RKORD AN~ 7HE ORIGlNAL OFFICIAI OOCUMENT ~SUC~ AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER ~OfFIC1AllY ENDORSED OR CERTIFIEO) SHALL BE PtACED IN THE HANDS Of SAID MORTGAGEE WITHIN.IEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, sat'sfied ~r+d discharped sa:d MORTGAGEE may st any time pay rhe ~ame or aey pan rhereof without w~ivinp or affevinp ~rryr optia+, lien, equiry or .ipht under a by virtue of this mortgsye ~nd tF~e fvll ~mount of each and every suth p+Yma» sFull be immediately due and p~yabk ~nd thall beu intaat irom the date thereof until p~id st nt~ of nine per ce~tum per annvm ~nd toq~the? with such intNest ~hall be secured by the tien of rh:~ maytpe. ea~oK~~~ ~~a~ ~ wt~,..z° a ~ - 1 ~ ~y : . - ~ - . . _ ...u?_v=.~. 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