HomeMy WebLinkAbout2129 ~ ' . : ~ 1`72~iiU
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THIS INOENTURE, MaJ~ tAe 2nd d,r December A.p. 19 6g
_ John N. $ims and Bdna S. Sims, his wife
of St • L~1C1@ ~~~y F~~ ~~~MftN desip~ated as tM "MORTGAGOR," and FiRST FEOERAL SAVINGS AND LOAN
ASSpC1AT10N OF FOkT PIERCE, a oorporatan orpaniud ~nd ~xiuug unde~ tM laws of tM Unit~d Staqs o! America and Mvinp its princtpal pt~ce of
busirNSf in tM City of Fort PiKp, St. luct~ Covnty, Florida, h~reinahK dapoatsd as tM '
MORTGAGEE."
WHEREAS tM 1kORTGAGOR i~ j~rstly G~debt~d b!h~ MORTGAGEE in tM sum of ~ 18 ¦ 4~ , good ~nd lawful money of the United
States advinc~cl by th~ MORTGAGEE unto ths MORTCsAGOR, as ~videnced by a cen~in promissory note of even date he~ewith, of which ths folbwirp t~
Wo+ds and fipw~a b a trw copy, to-wit: 15, 319
= 1$, 400 .00
~ P~n. - December 2 19~~
For wiw received 1, we or either of us, promise to pay, withouf d~f~luYwn, w the wder of FIQST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE ~t Fort Pierce, Florids, the tvm of = 18 ~ a~ wilh interest from date ~t the rate of7 ~ 25 % pe~ ennum, in rtwnihly instail-
menti ~s follows: ~ 217 a, 5th d,y of January ~ ~q E~ ~ fike sum on the cwrespondin~ day of each month th~ve-
after until the whok be fuliy paid.
Eath insfaliment first shati be apptied in payment of the intae~t and then on the unpaid balance of the principa! sum. If default is made in ihs
payment of any itutalime~t when due, and such def~uit continues 30 days, tht~? al the option of the hq:de~, and without any,other notice, al! the remeininp
~nstailmenfs aMll bs due and payable at once. P~ivilegs is 9iven fo p?sp~Y this rat~ in whole or in psrt ef any time without penalty. Neither forebearance,
no? accepqnce by the hotder thereof aha sny default in any paymenh hereon, shall be decrr~ed extension_ A Iste payment charge of 0•85 shall ba
added ro each installment remaini~np unpaid 7 days after iri due d~te, and a lika twn sAsll be ~dded to each such instaltmeM remainirg unpaid 7 days after
each succtedinp payment date.
Each maka~, iwety and er~dorser hereof, iointly snd aeve~aily, waives demand, presentment protest and notice of protest for nonpayment, and fuAher
agrees to any extension of tin+e of payment, either before w after malurity, witiwut notice to any of us; and to pay all costs of collection, includirg a
reasonable attwney's fee in the event of any defauh hereunde~, snd hereby seve?ally waives aIl benefit of homestead and exemption ~nder the coasfitufion
and iaws of each Stafe of the United State~, as against this obligation w iny extens'wn or renewal hereof.
Wirness the Mnd a~d sesl of each party.
/s/ John N. Sims ~AU
cs~?U
s Edna S: Sim ~U
~ 27.60 ) SteM Reveow ~ J ~U
(Sramps cancelled on oripinal note)
NOW, THEREFORE, the MORTGAGOR fw tM purpose of secvring payment of s~id sum of s 18 ~ 4~ and tfie performa~ce of ths
covensnb ~~d ayreements hereinafter ex{xeued, and fw divers good ar~d valu~ble considerafans, by these preunts, does gr~nt, baryain, sell, remise,
release, conwy and confinn vnw Ihe MORTGAGEE, its tvccessors ~~d usiqna, all that csrtain bt, pieoe or parcel of land, situste, lying, and being in tF?s
~~~ty St. Lueie . and State of Florid~, dewibed as follows:
Beginning at a point 4.72 chains South of the North~vest corner
of Lot 1 af Section 26, Township 35 South, Range 40 East,
thence run South 2.10 chains; thence East to the Indian River;
thence Northwesterly along said rivez to a point due East of
the point of beginning, thence West to point of beginning, to-
gether with riparian righrs. '
EXCEPTI~iG from the above described lands, all that part lying
West of the East right of way line of the Florida East Coast
Railway and all rights of way fox public roads,_
O
RECElVED i IN PAYMENT OF TAl(~ - ;
- DUE ON CU1SS 'C INTANGIBLE PER9pNAL PROPER~
~ 4
j ~ : ' ' t- i_ : ~ ~ : P(1RSUA~YT TO CHAPTER 20724. ACTS OF 1941~
bOCUVcNiA!_'-`-'
;Sj~!i•~P 1_;~~ fcCGER FOITRAS, Cterk Circuit Court
= pEC..S•69 - as Age«t for CllRTIS M. JAMES
~ ~ _ Z 7 6 O= St Cucie Coanty Tax Collecto[ ~
~ COplAPIR:;LlE4~`;~ _ 1 ~
NU.lon139 • ~ `j ~
.
togetMr with all ud sinpvfar the tenements, haeditamenb snd ~ppwt~nces tF~ereunto belonginy or in anywise ~pperfaininp tMr~to, and ~II r~nb, issu~s,
proce•ds and profin sc«ving and to ~ccrue from ssid premisa, sll of whid~ ue incli?ded in the sbow and forepoi~g d~stription ~nd habendum.
TO HAVE AND TO HOID the ~bow desvibed and yr~nted p~emises ~nro the s~id IIIIpRTGAGEE, ib suaessws and auipns foreva. Md th~ s~Id
MORTCAGOR far -~Q1Y hein, executors, ~dminituaton ~nd auigro, hereby oovensnts with tf~e said MORTGAGEf, ib s~aestors and ~ro, '
they are 4
ehat lawfully aeized of tM said premisa in fe~ simplr, that th~ sarne are h~e, cle~~ u+d d+scharQsd from all liens and ~ncw~r
branoq in law a in equity, and that thev will ~nd their hein si~l1 wa?r~nt ~nd d~fend the tifM to th~ saen~ to th~ ~id
MORTGAGEE, ib wcceuon and asti~,is, forever apsirot the lawful ctsims and demands of ~II penais:
PROVIDED, ALWAYS that if tl+e MORTGAGOR shsll p~y unro tFr MORTGAGEE the promiswry not~ Mre'u~befxe dexribed and sha11 truly, promptly
and fu11Y perfwm, disdurpe, execvte, complet~. comply vyith ~nd ~bide by each snd every the sripulations, yreemenb, conditipn and tovenanb of said
p?omi~sory nots u~d of this Mwtps9e, then this Mortpap~ and the Btate hereby ue~ted shall cease and be nvll ~nd void.
IT IS UNDERSTOOD tMt the word "Mortyapa" wMther in the sirquls~ or plual anywhere in this Mwtyaye, sMll bt sinpula if on~ only ~~d ~
shall b~ plural iointly and ieverdly if more than on~, and that tF» wo?d "their" ~s used anywhere i~ this Mwtgsy~ shall bs tsken to m~M "his,`• "hers"
or "i»." whawar the context so impliss or sdmin. Alw, that wherever there is ~ refere~ce in the coveMnn and ~yreements herein contain~e! to any of
rh~ puties Ixreto, th~ sart~e ~hsll b~ coninued to mean as well as th~ F~ei~s, kyal npresentatives, succ~sson a~d ass;pns (~ithe? voluntary by act of Hr
p+nies or tnvolunury by opKation oi the hw) of tM s~me and that rhe coven+m~ herein conr,ined shall b+nd arx! th. bsn.fin u~d advanr.~es ir?w.
to tFw r~sp~ctiw h~in. Ipat repre~ent~tives, successws ~nd au~yns of t!» parti~s hereto.
Md s+id /18ort~pors, fa themulves and their heirs, le~al represeot~tives, suaeswrs and ~ssi~~x; hereby jointly and sevarally covenant and apr~e ~
to and with th~ aid MORTGAGEE, i» :uaessws and au;pna:
1. To p+y afl and sirgular ths principd and intaest ~nd tFK variovs and wndry sums of monsy paYable by vi?tue of said proinissory no1~, and N~is
mor~y+~, each arw! ~naY. P~~Ptly oe tl+~ days respectiv~ly the sanw sw~ally betome dw.
2. To p~y ~II and skgvlar tM qxes, ssNSUnents. Iwies, liabilities, oblgatans and encwnbrances of every Mtw~ ~nd kir~d rqw p~ said d~ri~
proputy, w that MreahN rrwy M Nnpowd, sufferrd, ptaced. Iwied, or ~ueswd tMreon, a rhrt hereafter may be kvi~d a~sses~ed upon tNr Map-
+p~, a tM Nd~bt~ss Ncw~d Mr~by, each and ewry, wh~n dw ~nd payabl~. ~otud'ug to law, bsfw~ thsy becane delkpuent, and b~fw~ amr imNesf
attechet or aMr penalt~r is incwred; ANO INSOF/Ut AS ANY THEREOF IS OF RKORD THE SMAE SNAII aE PR0141PT1Y SIITISf1ED ANO OISCHARGEO OF
RKORD AND TFfE ORlGINAL OFFlCIAL DOCWNEfQl (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENOORSED
OR CERTIFIED) SHAtI dE PIACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; uwd in th~ event tMt aoy tF~eof h no~
sc
paid, s~t'sfi~d ~nd disclu?qed sa~d MORTGAGEE m~y ~t any time pay tl~e same w any p,.r rhereof witlwv~ waivin~ w affectirg any option, )ien, i p
~ tY'
•tpF~t ur~r a by virtue of this mon9aye and the full amount of eath and wery wch p~yment sh~ll be immediately due ~nd paysbk ~nd shall bNr imte~e~t
kom 1M daN thenof vntil paid at rste of nine pe~ ccntum pe~ Kwy~m~et ~C~ ~~~~rest sl»II be sec~red by tFe (ien of th:s mor~tsp~-
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