HomeMy WebLinkAbout2919 -165? 1'7
~ THIS INCENTURE, Mu~ 1M lSth d~y of ~iarch A.O. 19~. b~hvMn
~ ~mma G. Sampson. a single adult, _ '
pf St . luc ie ~o„nH Flo.~d+, MreinaflN dttlynated tht "MORTGAGOR:' and FIRST FEDERAt SAVINGS AND IOAN
ASSOCIA?ION OF FORT PIERCE, • corporation wy~nized •nd exiitinp w~d~r tM laws ol 1M United S~st~s of America ~nd kavlnp ib principal plat~ of
busin~u in tM Gty of Fort PiKa, Sf. lucis Counry, florida, Mr~inaha d~i~pna~~d u tM "MORTGAGEE:'
WHEREAS th~ MORTGAGOR ia ju~tly indebt~d to the MORTGAGEE in tM wm of = 14 + 0~ ~ ~O . Qood +nd ~+wful money of tM U~it~d
St~t~s advanced by tM MORTGAGEE unto Iht MORTGAGOR, as evidenced by ~ tert~in promiuwy ~ot~ of even date Mrewith, of wh;ch th~ followinp in
w«ds and fiy~res is s trw copy, to-wit:
~ 14s000.00 ~ 14~778 _
~ FoA Piarc~. F~«~d.. Harch 1~ t9.~$_
fa valw ~~ceived, I, we w either of us, promise to p~y, withovt defalcat'wn, to ths order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pieres, Florids, the sum of i 14 wiM interest f~om date at the rate of 6• 7SXa per annvm, in monihly ienbll-
ments as fotlows: = 107 . ~O ~ 102 h day of Ju ly 19 68 and a like sum on ths correspa?d~np day of esch month tFw~-
afrer until the whole be fully p~id.
Each inatallment first shall be applied in payment of the interest ~nd tl+en on the unpaid batance of the printipal wm. If de(ault h mad~ In tM '
payment of ~~y insallmcnt when dve, and such default continues 30 days, then at the optan of the holder, and without any other notice, atl the remaini~,1
installmaus ah~ll bs dut and payable at onte. Privikps is yiven to prepay this note in whol~ or i~ p~rt ~t ~ny time without ptnalty. •NeitbN for~bNrNK~,
nw acceptanc~ by the holdar thereof after sny default in u~y payments hereon, shall bs desmed ex~ension. A late paymeM char~t of shdl M
added ro each ins~all~nt remainirg w~paid 7 days aftK its due date, +~d a like wm shall be added to cach iuch insutlmeM rsm+ininp w~p~id 7 daps afh?
each sutoe~din9 paYment date.
Each maker, surety sr?J endorsar hereof, ;oinNy and sever~lly, w~ives dcrosnd, presentment protest and notice of protest fw nonpayment, and fvrflwr
agrees to any extension of tims of payment, either before w afte? mat~rity, withovt nat~ce to any of us; +nd fo pay all costs of collectia~, incl~dinp •
reaso~able attaney i fee in the event of any defaull ixreunder, and hereby severally waives all benefit of homesfead and exemption under the tcnstitvtion
and laws of each State of the United States, ~s agsin~t this obligatim a any exten~an w renewal hereof.
~tness the F~and and se~l of each party.
s/Emma G. Sampson, a sinqle a~
(SEAU
(SE/W
(SEI~l1
t ~21 _ On ~ $tet~ Revenw
(Stamps unoelled on aipin+l rat~)
NOW, THEREFORE, the MORTGAGOR for the purpos~ of ~ecuring p~yment of ssid wm of = 14 ~ OOO. ~O tM p~rformann of th~
covsna~ts and ~greements hereinafter expreued, and fw divers good +nd v~tuabl~ cauideratio% by tMie presents, does yrant, berp~in, s~11, remis~,
releaae, conwy a~d tonfirm unto tF+e MORTGAGEE, its wccessors a~d as:iyns, all that certsin lot, pieoe or putel of land, situ~t~, lyinp, ~~d b~inp in tM
Ca,nry of St . LuC ie ~nd Stat~ of Florida, d~wib~d as follows:
Lc~t 3, Hamilton Acres, a Resubdivision of Lot 29, Maravilla Gardens as in Plat
Book 6, page 55, being recorded in Plat Iiook 14, page 6 of the Public Records of
~t. Lucie County, Florida~
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~ rog~ther with all and sirpulu the t~nem~nn, herediumeMS and ~ppurtances therevMO belaying or in ~nywae appert+ininp t1~erNO, and al) r~nts, Iuwb
~ Proceeds and profin .ccruiny and to accrue from said premises •II of whid+ ~re included in the ~bove and fora~oinp dacription ~nd h+b~ndum.
~ TO HAVE AND TO HOID the sbow d~saibed ~nd ynnted premise~ unto tlw aid MORTGAGEE, iri succesfws and +ssipns fo?~va. Md th~ s~td
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MORTGAGOR for Mein, executon, sdminisfraton and ~ssi9ro, he?eby oovenanb with the s~id MORTGACaEE, iri wa~swn ~nd a~ipM.
; rhat the V lawfully ~e;zed of the wid premisK in fee simple; tMt tM sarr» sn fns,. dear ~nd dischary~d from all liera and ~ncunt
` brances io I~w a in eqvity, and that thev will snd their heir~ shall wsrrant aed de(end tM titlt to th~ sam~ to tM wfd
~ MORTGAGEE, in wcceasors and auigns, faever ayaintt tFw Iawful d+ims and dem+~ds of all p~rwns;
~ PROVIDED, ALWAYS th~t if tF» MORTGAGOR shall pay umo tlx NIORTGAGEE tM promiswry note hereinbei~or~ dewibed and sh~ll tndy, ptomptFy
•nd fully pNfwm, d~uh~rge. ~xecute, compkte, comply with and ~bide by each and wery tM stipubtions, syreanentt, conditiom ~nd oovenanri of s~id
- Promiswry note ~nd ot this Mort9aye, then this Mortgsps snd tM E~bte her~by ve~ted sMll o~as~ ~nd be null ~~d void.
IT IS UNOERSTOOD that the wwd "Mwtp~por" whether in th~ sinpular w plwal anywhere in this Mortgpe, ~ha~l b~ iinpul~r if on~ only u+d
•hall bs plu~~l iointly and ~evaally if more tMn one, and that the word "their" ~s u~ed ~oywlur~ in this Mortya~ sMll be tsk~n to me~n "hts.•• •'h~n.••
r: or 'ib;' wherwer tM cont~xt w implies a ~dmin. Al~o, thst wherever there is s rtference in tlw coven+nts ~nd ap~aement~ htrein oont~ined to any of
~ tM parties hereto, tM s~me ahall be cautrued to me~n ~s well as tl» Min. Ip~l npr~sentatiws, svcceison and ~uipru (~ither volunary by act of th~
p+rties w involunury by ope?ation of th~ law) of th~ ume and tMt ~he cov«wnn I,.r•~n cont•in~d sh.ll bind and ~M benef~n .nd .dvanr~pa Irwr~
to ths resp~ctiw h~irs, lep~l representativa, succeuon +nd au~yen of tM parfi~s Mnto.
' And saM Mortp~pon, for themsslva u+d their he'u~, leysl repr~ant~tives, s~cc~sson and ~aipro, hcr~by jointly and ~ev~rally toven~nt and pr~e
t:
~ ro~nd with tf~ said MORTGAGEE, its waeuors and ~uiyns:
P 1. To pay all ~nd dnpvlar tF~ principal ~nd intaest ~nd thi wr'w~s and wndry wms of moMy paYabl~ by virtue of uid promiswry not~. ~nd thia
mortpaye, uch ~nd every, promptly on tM d~ys respectiv~ly the iam~ s~v~wl~y bacortw dw.
~
~ 2. To p~r all and aiigulu tM taxa, assessmenb, Iwies, liabilitia, oblg~Yam and encumb+rxa of svery Mtur~ and kied now on uid dac?Ib~d
propsrty, w that hereaft~r may be impaed, suffaed, placed. I~vied, a+sseued tMreon, a th~t Mreafter may b~ lev7ed a assased upon thia Mortp-
~ ay~, a the indsbtedn~u s~cured Mr~by. ~+ch and ~v~ry, wMn dw and p~y~bl~, aaadirg to I~w. Mfw~ tMy becorew d~linqusnt, aod b~fon ~ny ir~t~rat
attathta w~n 1 ~s inturred; AND INSOFAR AS A THEREpF IS OF RKORD THE SAME SHALL dE PRO1NPTlY SATISfIEO AND DISCHARGED OF
~ Y P~^+ ~Y
~ RECORD AND THE ORIGINAL OFFICIAL UOCUINENT (SUC AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC710N PAPER ~OFFICIAILY ENDORSED
~ OR CERTIfIED) SHAII 6E PUCEO IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYNIENT; and in the tvent that ~ny thenof is nw
paid, sst'sfied and distharyed u~d MORTGAGEE may at any time paY the same o? a^Y part therwf witho~t w~ivinp or affectirg a~y option, litn, tqvity or
•~qht under or by virtue oi thii mortgaye and the full amount of each ~nd wery such paymeM ihall be immedia+ely dw ~nd payabl~ and shall bear int~nst
_ ~.om the d~te thereof until paid ~t rate of nine per centum pN ~nnvm and top~ther with such int~?tst shall be secured by tM lien of th:t morptpe.
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