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HomeMy WebLinkAbout2862 ~ ; : .l ~ ~ r_~~} ~ 1'7314~ 1 th D~cea~er ~ , ~9 8. ~nw«~+ n~1s iNOE~u~. M.d. ~n d.y of Williao F. Spa~pson Bo ta G. S son his wile Haveucd W. Sa~ son and N S son s w • BaQrsoA G. Sat soa and Iris T. S son his w of St• LUC ~ ~yn~ F~pj~~ ~~jM{tK ~ti~Mf~ ~s tl+~ "MORTGAGOR," ~nd FIRST FE~ERAI SAVINGS ANC IOAN ASSOCIATION OF FORT Ps ~ RtE, ~ oaporation or~+nir.ed ~nd ~xutlny ur~ tM I~ws of tM Unitid Suta of Miaica ~nd Mvirg ft~ princip~) plaa of biuie~ss in th~ City d For~ PiKa, St. LucN Ca+nty. Fbrid~. l~~inaftK daipnatad a tM "MORTGNGEE." WHEREAS tM MORTCaAGOR b~ntly G~d~bt~d to tM MORTGACsEE in th~ sum of i 10~~~'~ .~ood a~d ~awful mo~ey of the United St~ta adv~nced by tM MORTGAGEE unto tM MORTGAGOR, ss evide~ced by + certain promisswy note of even date hertwith, of which the followinp in wwa. .n~a, wt'~• ~n. b. m,. oopy. ~,1~: . 25, 343 ~ 1~ ~ lMJ • ~ _ , Mo Fort Pi~. Fiwid~. D@C@~b@2 19 19_~~ ior vsiw r~ceived, I, we or elths? of us, p?omise to piy, without defdution, to tla.order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Piara, flaida, ths s~m of r.~~~ with interest from date at the rat~ of ~-96 pK srnwm, in monthly instsli- mcnts as follows: i 78•~ on the day of AflrT- 19_~ snd + like sum oe tM curespondina dsy Of each madh there- after until the whol~ be fvlly paid. Each inst~liment fint shall be +ppGed in payment of tM ineerest ~ad then on the impaid bal~nce of ths p~incipal wm. If default is mad~ M tM payme~t of any irutaltmeM wfien due, a~d such default conti~ues 30 days, then at the optan of the hoider, snd without any other ratice, al) the remsininy irotallmenb ahall be due and payabk st once. Prlvikys is ~iven to prop~Y this note ir whob or In pan at sny time witFaut pen~lty. Neither fonbaa~~nce, nor saept~nce by the hoWer thereof after any default in any payments hereon, shail be deemed extension. A Ieta paymant cha?ge of 3~!~~ shall b~ added to each inttallment remainiag unpaid 7 days ahe? ib dw date, aod a like wm shall be added to each wch installment,rem~ininp unpaid 7 days afttr each succ~edirg WYme++t data. , , , E~ch maka, surety and erKlwser hereof, joinNy and seve?+Ily, wa:ves demsnd. presentme~~ protest ~nd notKe of protest fo? nonpayment, and fimhar agrees fo sm extension of time of payment, either beforo or afte~ matvrity, witl?out notice to any of us; and to pay all msts of collection, includiny a reasonable attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of Fwinestesd and exemptioe~ u~der tM mnstitufion a~d bws of each State of the United Sutes, ss spainst tl~is obli9ation or athr exte~sion or renewal herwf. • ~tnsss the Iwnd sod seal of each party. /s/ Baerson G. Saapson ( Se~~ /s/ willia~ P'. sa~mson ~ s Bonita G s ~ /s/ Iris T. Sa~apson (Seal) /s Howa~cd W. S son ~q a He en D. Sa~pson ~ ~ 15.00 ) sra» a.v.ew (Stsmps canoellad on oripirw) noM) NpW, THEREFORE, ths MORTGAGOR for the purpose of secvrirg psyment of aid svm of i 1O ~ ~ . snd tM ~ of th~ covenann snd apreernenn he.cu+afrer expreued, and for dive?s pood u+d valwble conside~ations, by thae presents. dwa ~rant, barpain, sell, remise, release, oonwy a~d tonfirm unto the MORiGAGEE, iM wuessors and satigns, all that tertain lot, pieae ot puoel of Isod, situ~te, lyinp, and beinp ln tM ~~~y pf S t. L UC 1@ , and Stat~ of fb?ida, dewibed as folbwss Lot 7~ Block 160, Unit 12, LAKBWOOD PARK StBDIVI SION, as per plat thereof on file in Plat Book 11, Pages ~Y.~ t11111~~i1t~1 ' ° 26 A and 26 B~ of the Public Recorda of St. Lucie :~,a ~ 4 Couaty, Florids, ,f Li J~.; ,~'t~ i o d 1" n~;r~'~~S - ' ~ED i MI PAY11Ei'fT OF ?I~ " " ~ ~ OUE ON CtASS 'C NITMI~f6EE PElt90NfiL Pi~PER1Y. r~Il~~~~ /URZtJ11NT TQ Cl{AP'iER 207?A. ACfS Of 1941, -V W~ ~ r~ R0~ Qlf~ ~ ~i01Yt ~ N ° o ~ ~L 14~1Ot ~Of CURTIS Y. 1A11ES ,'I v ~ a~ f ~ S~ ~ ~ ' ~Oflltilill~t~a ~ g~ ~mc c~t ~lNno~ ; 3i~m •ts ~ togetiwr with all and sirgvlar the tenen+enM hereditamenb and appurtances therevMO b~lagirg or in ~erywife +PPerta'mi^D thatto. +^d all nnts, issws proc~ and profita ~caving and to aar~e from said pramisa, all of which sn ind~Kkd in th~ abov~ ~nd forparg d~saription snd habendum. TO HAVE AND TO HOID the above describ~d snd 9nnted premp~s unto the s~id MORTGAGEE, its wocessas and assipns fonva. Md th~ s~id MORTGAGOR for their hein, execvtors, sdministraton and ~ssigro, hereby aov~nanb with the s~id MORTGAGEE, ifs sucussors and assipnt, that t~Y aze Iawfully seized of the aid premises in f~e simplr, tMt tM same u~ fr~s, cl~ar snd discFuryed from all liens and u+cum- ~ brances in law or in puity, and tha* tb@y will and ~e~ heirs shall warrant and d~fe~x! the tHl~ to the sam~ to th~ said MORTGAGEE, its svaeswrs and +ssipns, fweve~ +p+inst the lawful d+ims snd dema~ds of all persornj PROVIDED, ALWAYS tMt if tl+e 1MORTGAGOR shsll p~y ~nro the MORTGAGEE the promi:sory note hereinbefore desvibad and rhsll truly, promptly and fully paform, d'ach+rye, execute, complet~, comply with ~nd abide by each and every the sti~wlatioru, ynernena. aonditions a++d oov~nsnb of aaid i ~ promistory not~ and of this Mortyape, then this Mortysye aod tFw Est~te hereby veated shall cesse and b~ null and void. ; ~ IT IS UNOERSTOOD thst 1M word "Mortyspor" wF?ether in the siaput~r or plwal anywhe:• in this Maty+~e, shall be sinpular if one anly and •hall b~ plursl ~ointly and severally if mon than one, u~d Nwt th~ word "their" ~s used anywhsre in this Mor?y+y~ sh+ll be taken to mtan "hb," "I+KS,'" ~ w"it~," wherever tM context w implies or ~knits. Also, th~t wherever thae is a r~ference in the oown~nri and ~ptaemenb haein oomained to ~ny of tF~e pKtia hsreto, the s+rtw shall bs c«utrued to me+n as well a tM Mirs, kyal represent~tives, wocesao~s u+d assEpru (eNher volvetary by act of th~ ~ partia or involuntary by operatia? of the law) of the wne and that ~he coven+on har~in com.ined sh•11 bind aed rlk bsnsfin and .dv~mapa inun ~ - to tFw rap~ctiw heirs. I~yal reprasentdives, successors and ass~yra of tM p+rti~s hereto. Md said A6ort~a~on, for MMmtelves and thei~ heirs, by+l repraentativrs, successan and asslpro, he?eby jointly and s~v~wlty ooven~nt ~rd apne ro and with tht said MORTGAGEE, ib waessors a~d assiy~n: 1. To pay ~II ud singvlar tM principal and interest and tl~e varian ~nd wndry sums of ma~sY p+1r+b~e bY vf?tw of s+id Promi++ory no~e. +nd this mwty+pe, each and ewry. PromPtly on the days respettively rM sam~ tw~r•Ily b~can~ due. 2. To p~y dl and sinpula the taxes, us~ssrn~nb, Iwias. IisWlitia, oblipatiom ud Ma+mbrurc~s of svery n~tu?~ ud kind now on said duvib~d property, w that An~aft~r may be impoNd, suffa~d. Pl~ad, bvi~d, or ~sd thereon, u tlut tareahK. may b~ Iwied or awsssd ~rpon tl~it Mort~ ay~, a th~ Md~b~d~ secund henby. ~ad~ and ~wry, wMn dw ~nd payable, aaordinp ro t~w, befwe thsy becorrw dslinquent, and befon any Gna~sf •tt~ches a ~++y penalty is incwred; ~U'1D INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SA715FIE~ AN~ DISCHARGED OF RKORD AND 7HE ORIGINAL OFFICIAL DOCUMENT (Si1CN A5, FOR tHSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIAIIY ENOORSED OR CERTIfIED) SHALL BE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the evem thst uiy thaeof b not paid, sat:sfied and d'achar9ad said MORTGAGEE may ~t •ny time p~y tM iame or +ny p+rt thereof wi~hout waivirq w affectirg any option, li~n. ~q~rity or •ipht undK a by virtue of Nws mortysye and the full amount of e~ch a~d every wch paymeM ihall b~ immediately dw and payable and thall b~ar intuest ~rom tM date tMrwf w~ti! paid at r~te of nine per centvm per annvm and wpettw~ with s~ch imaest shall be ~ecured by the lien of this maytape. aooK~74 P~2855 - - - - - ....j_~_