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HomeMy WebLinkAbout2674 ` \ ; : ~ -aVV.LZV _ THIS IN~ENTURE, 14Md~ th~ 29th d•y ot Februarv , A.C. 19_b$. MtwNn Leicester N'. Lennard and Alice [.ennard, his wife - aF SL. L11C1@ ~p~~~y F~~. ~~~iMftM dttlpnat~d ~s 1M "MORTGAGOR," ~nd FIRST FEOERAL SAVINGS AN~ IOAN ASSOCIATION OF fORT PIERCE, ~ torporation or9~niztd ~nd ex~sti~+q unde~ ?M (~ws of th~ Unihd Sut~s of Am~riu ~nd Mvinp ib pri~tipal pi~q of buurwu in th~ Gty of Fort Pi~ru, St. luci~ Covnty, flaida. Iftfti~UltN i~~~QM~fd a tM °MORTGAGEE." WHEREAS ~h. MORTGAGOR ia jus~ly ind.br.d ro H~. MORTGAGEE in th~ sum of i 12 ~ - pood and I~wful mor»y of 1M United Sutss ~dvanced by tM MORiGAGEE u~to ths MORTGAGOR, ss widenced by a urtai~ promiuwy ~ote of even d~te Mrtwith, of which tM followirp {n wordi and ~iywes ii a trw copY, lo-wih = IZ.~00~0~ No 14~73~ ~ P:Kp. Fb,~d,. Februarv 29, 19~g, Fw valve received, 1, we w either of us, promis~ ro pay, without d~falcation, to the o?der of ftRST FEUERAI SAVINiaS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Flaids, the ~um of s 12 + 0~ with interest from date at the r~te of ~~6 per annum, m monthly inttalb ments a~ fol!ows: t 86 on tM 1 ~t h d+Y of `JunQ 19 68 ~nd a like sum on the cwreipond'enp day of each month tFKrr afrer until the whole be fully paid. " Each installment first sMll be appfied in p~yment of tM interest ~nd then on tM unpaid balante of the printipsl sum. If default is made in tIN payment of any instal{ment wF~en due, and such default continues 30 d~ys, then at the optan of the holder, and without any other notice, ~I! the remaininp installments sMll be due ~nd payabk at onc~. Privilep~ is 9iven ro prep+Y this note in wFwl~ o~ tn part at any time without pto+lty. •Ntitl+~i forebNr~RCt. nor acc~ptance by tht holder thaeof aftsr any de(ault ie? ~ny p~ymenri hereon, iMll be deemed exteniron. A late psymem cMr~~ of i 4` ~ 3~ sMfl ke " added to each inifslbnent remaining vnpaid 7 days afta ib due date, snd a like sum shall be added to e+ch such installment rwnainirip vnp+i~ 7 daYs ah~s" each wcceedi^9 P+Yment date. . ~ - ~ - _ - . E~ch maker, surery and endorsen c~~eof, jointly and severally, w~ives demand, preuntment protest and ~otice of proteat for nonpayment, ~~d furtFl~ ~ sgrees to any exrensan of time of payment, either before w after maturity, without notice to sny of us; and to pay all casts of tollMio4, includ~ reasonable attwney i fee in tha event of any defauh herevnder, and hereby severally waives all benefit of homestesd ~nd exemptibn ve?der t1a wrutjtution and Iaws of each Sqts of th~ United Sutes, as sgain~t this obligation or ~ny exterision a renewsl hereof. ~ . . Witness the Mnd u~d ie+l of each party. ~ ~ s/Leicester W• Lennard ~u cs~?u s/Alice Lennard ~u ~ (SE~?11 ( ~ 18 - 00 ) State Rev~m» (5?amp~ c~noell~d on wipinal not~) NOW, TNFREFORE, ths MORTGAGOR fo~ the purpose of securinp p~yment of ssid sum of i 12 ~O ,+~d th~ perfwm+nu of th~ cov~+ams ard ~yreemenn he~einafter eapressed, and fw divers good ~nd valwbk consideratioe+s, by thes~ presents, dots yrant, bary~ir?, sell, rsmise, relsase, conv~y and confirm unw the MORTGAGEE, its avccesson and auignti all tMt certain bf, pieo~ w pucel of I~nd, aituaM, lyinp, u~d beinp In tM ~~ty ~ St . Luc ie , and sr.rs of Ftorid+, d.wib.d .s fotlows: I.ots 1, 2, 3 and 4 of Block 1, of Harris' Subdivision of part of Government Lot l, ~ection 32, Township 36 South, Range 41 East, and a Revision of Eaton's Subdivision of part of Government Lot 2, Section 32, Township 36 South, Range 41 East, according ~ to plat recorded in Plat Book 3, page S, records of St. Lucie County, Florida,~and All that ~arcel of land lying immediatel~ East of said Lots 1, 2, 3 and 1.~ of Block 1, Harris' Subdivision bounded on the North by the extended North ~ line of said Lot 4; onthe South hy the extended South line of said Lot l; j on the West by the East right of way line of Indian River Drive and on the i ~ ;ast by the waters of Indian River, together with rinarian.ri~hts appurtenant ~ W 5 ~~i ~ t'LUi-t1Ul~ thereto ? ~ ~ DOCUMENTAp",STAhSP TAX ~ ~ ~ ~ = naei3~6s-~~ ~'~.~i=' _ - . ° 1 S O O- N U CJMpTROLLER , - Pg.140135 ~~~OR`%'r ~ ~ toy~ther with all and :ingubr the tenem~nn, heredihmenri and ~ppurfances thereunto btlonpinp w in ~nywise appertaini~y tFxreb. ~nd all r~nls. is~ua, ~ proceeds and profin ~ccruinp and to xvw from said premises all of wFiKh ue i~+clvdad in the sbove and fwpoin~ dewiptan ~nd habendum. ; TO HAVE AND TO HOLD the abow dewibed and granted premises unto tFw s~id MORTGAGEE, i» waeswrs and augm forev~r. Md tM saW NhORTGAGOR for tbe~ ~ hein, executors, sdministraton and •isiyns, hertbY tovtn+nt~ w~fh tM said MORTGAGEE, k~ wa.~swra uid ~ssfpro. that theX bwfully seized of the said premi~ts io fee simple; tMt the ~am~ an fne,. rle+r and d'ucharped from dl liens and ~ ~ b.~nces in law w in puity, and tha~ th@Y will aed their heir~ shall w+rrant and def~nd tFw titlt 1o tM ~~m~ to th~ said Z MORTGAGEE, in succeuors and auigra, forever aysinst th~ lawfvl claim~ and demands of all p~rsoM; ~ PROVIDED. ALWAYS thst if tht MORTGAGOR sh+ll p~y w+to the MORTGAGEE the promisw+y not~ Mr~inbeiore describsd ~nd sMll truly. promptlY and fvlly perfwm, disdMr~e, exacute, tompkte. comply with and ~bide by each ~nd ~v~ry th~ stipulations, aqreanenri, conditam ~nd tovenanb of said ~ promissory not~ and of tha Mort~ap~, then this k4ortyape ~nd th~ Esute henby veated sfwll uaw and be null and roid. # IT IS UNDERSTOOD that the word "Mwtypor" whether in th~ ~irqul~r a plwal ~nywher~ in this Mortyap~, shall be sirgular if one only and A •hall b~ plur~l joinrly u~d ~everally if more tMn a», snd tMt the word "their" as used anywhen in thit AAonp~pe siull be taken to msan "his:• ••hen•• ~ o~ "in;' wherever the context w implip or ~dmits. Alw, that wherever there is a ref~r~nct in fht coven+nn ~nd ~Qr~emenn herein coMained ro ~ny of ~ rh~ parties fkreto, the ~ame shall be construed to mean as well ~s IM Min, leyat np~a~ntativa, wccesson +nd assi~n~ (~ither voJuntary by ~ct of tM --_parY~ w invdvnary by opewtion of th~ law) of tFw ~ame snd ~h+t the covenann h~.~in oont~ined ihall bind ~nd tM ber~efin end .dv~nr~s inun ~ ro tM respectiv~ hein, byal repreuntativa, wccesson and +u~ro of th~ p+~ties haeto. ~ Md said Mwtypon, for tFiemselva and th~ir }~ein. Is9al ~~prestnt~tiva, suaessws ~nd ~ssiyns, hersby jointly and uver~lly covenant and ~yne ~ ro u+d with tht aid 1NORTGAGEE, in wcceasors and +ssipns: ~ 1. To pay ~II snd sirgolar th~ pri~cipal u+d intusst and thi v~rio~s ~nd wndry swns of mon~y p+Yabls bY virtw of s~id promiswry not~, a~d this ~ ^wrty+y~, each and evtry. WomPtly on the days r~spectively tM t+m~ stwr~lly becor~ d~?e. ~ 2. To pay ~II and sirgulu tht taxa. ~swssm~nb, leriea, li~bilitia, oblipations and ~ncvmixance~ of wery natun and kind naw oo s~id dewibed ~ Prope~ty, w that hertafter may b~ impos~d, wff~red, plxed• kvi~d, a ~sts~sed thereon, a tl?~t her~aftar may b~ levied a atsessed ~pon this Mort¢ sye, a the intkbtedrku s~cw~d hereby. ~ach ~nd ~very, wMn dw and pay~bk, accord'ug ta liw, btfw~ they becom~ deliequent, and b~fon any intKnt ~ ~~1 sttathes a any pen+lty ii inturred; AND INSOFAR AS A THEREOF IS OF RKORD THE SAME SHAIL SE PROMPiIY SATISFIED ANO DISCHARCaEO OF RECORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUC~ A5, FOR INS?ANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER ~OffIC1AtLY ENDORSED ~ ~ OR CERTIf1ED) SHALL OE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event thst sny tf+~rwf is no1 j ~ paid, sat:sfied ~nd d~scharyed sa:d MORTGAGEE may st ~ny tim~ pay the same a any paA ther~of wi~hout waivirg or affectirg any option, lien, puity a •~aht under w by virtue of this mortyape and the full amount oi each ~nd avery such paym~nt shall be immediately dw and payable and ihall bear inNr~st ~ ~~om the date therwf until pa~d a? nte of nin~ per c~mvm per • and to~tM. w~th ~uch intM~st ~MII be securid by the lien of th;s narytape. 4~~ . ~o~K ~ ~0 ~~~E ~662 - _ ~ ~ - z ~ ~ ~ ~ r~ = ~ ~R 5 _ , _ -?3~~ . - .