Loading...
HomeMy WebLinkAbout0787+-ViV I V ( ~ ! ~ l ~ t~ ~ •~ THIS INDENTURE. Mad. the_ 8th dh- of A u j;U 3 t - A.D. 19 69 _ between Albert F -SSnQatins and Marcts+rwt gc`or'gin ~' of St .u C i A _~ County Fktrida, hersin+fter d~Q~ated as tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • aorp«ation organl:ed and existing under the I+wa of tM UNted StatN of Mwriu aed havlr~ iq ~rytcipal- f(laa of bvsMtMS N the City of iorf Piero. Sf. Lucie County. Florida. hereinafter designated M the 'MORTGAGEE." ~ ' WHEREAS tM MORTGAGOR k h»th indebted b the MORTGAGEE M the sum of S 22000.00 _ Good and lawful money of the United States advanced by tM MORTGAGEE unro the MORTGAGOR, as evkfa+ad by a certain promiss«y note of awn date herewith, of which the foaowing in w«ds and fipurN b a trw Dopy, to-wife :?2l,000 _ 00 . fort Pierce. ~~ August ~ 19~ For valve received, 1, vw « eithe- of us, promise ro P+Y. without defalcation, ro the «der of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pwra, Fbrida, tb wm of S??! ~0 .QQ--- with interost from dais at the rats of ~-~fi pe- annum. in nw^tNy instal{. menu as follows: S 181.00 on ~ th day ~ Decemher ly 6Q and a lib wm on th. oorrespa+d'r+p der of exh m°^th therf' after until the whole be fully paid. of the interest and then on the unpaid balance of tM principal sum. If defwh is made M the Each installment first shall be applied in payment payment of any installment when due. end such defauh eontirwes 30 days, then at the option of the holder. and wlthoW arty other wtt~ither f~arebearana, installretenb shall be due and payable at once. Privilege is given ro prepay this note in whole « in pert at any time without penahy. nor acceptance by the holder thereof after any defauh in any payments hereon, shall be deemed exta++sian. A lets payment dwge of 5-~-. sl-sll be 7 days after added ro each instaiirrtent remaining unP+d 7 days after its dw date, and • lib sum shall be added ro each such intallntent remaining unpaid each wooeeding payment date. Each maker, swety and endorser hereof, lointy and severally, waives demand. presentment protest end notice of protest f« nonpayma-t, and further agrees ro any extension of time of payment, either before « after matwity, without rwY~ce to any of vs; and ro pay all costs of collection, including e reasonable attorney i fee in the event of any defwlt hereunder, and hereby severally waives all benefit of homestead and exemption under the constitvlion and laws of each State of the United States, as against this obligation « any extension « renewal hereof. Witness the hand and seal of each party. /s/ Albert F Scn~gi ns (sEAU (sE~-U s/ Margaret A. ScoQ¢ins REwy (BEAU ~ 33, Oo .star. Rewnw (Stamper ono Iled on «igi,+al not.) 22.000. 00 -and tM ~ >~ NOW, THEREFORE. tb MORTGAGOR fa tM purpose of securing payment of said sum of S these ~~ doK grant, berg 1~ remise. covenanri and agreemer-ts hereinafter expressed, and f« divers good and valwbletMeonsider~t ~ ~ err of tend, situate, lying, and being in tM release, oa+vsy and confirm unro the MORTGAGEE. its successors and assigns, Pt+a+ Parma ~,ty ~ S t . U C i e -area State of Florida, described as follows= Lot '~5, Block 38, RIV~'~ PAR~i SUBDIVISI,~N, UvIT s~~?0. ~., a subdivision according to the plat thereof recor3ed in Plat Book 11, Pa•~e 9. of the Public Records of St. Lu^ie County, Florida, / W ~, S I~A~1 t ~F f=LUF~fL3A n ~ D_OCUMENTAp STAMP TAB --t ~ AUGii'69 , ~3,' to COMPTROLLER ~ P.B.190138 ~ ---""~_ :~ 00 RECEIVED =~~ ~ IN PA'ffilEffT OF TAXES D'JE ON CLASS 'C' IMTAN616LE FERSCNAL P.'IOPERTV, PI:::S::ANT TO Cii,1PT~4 NT_~, ACTS OF 19f1. ROGrR POf~fJl$ Clerk Circu;t Court as Agent for CANICL N. KNCWLES, 1R _ St. Ltlde Courtyl Tax Collector .6,, ---,~ L'o~u~ oEPUtr aFRlc togeNter with all and singular the tenements, hersditaments and appwtanaa thereunto belonging « in anywise appertaining tttarNo. and all rents, beats. proceeds and profits accruing and ro aanre fran said premises, all of which are indetded in tb above and f«egdng des°ipfi°n +nd tibeew~tt. TO HAVE AND TO HOLD tM above described and granted premises umo the said MORTGAGEE. its woassors and assigm forever. And the said MORTGAGOR far their MM, executors, administtators and assign, hereby covenants with the said MORTGAGEE, to sutxaaars and aseigrw rhat t~~-~-e lavvfuly aiced of the said pramiwa h fee simple: that the aarna are free, dw and discharged fran all acne and ena+nr trances in lever a in equity, and that_ they will and t h F' i r heirs shwa warrant and defend tb thle ro tb sartte to tier saki MORTGAGEE, i» woaswrs and assigns. f«wer against the lawful claims and demands of all personae PROVIDED, ALWAYS that ff the MORTGAGOR shall pay unro the MORTGAGEE the promissory nob Mreinbefare desvibed and shall truly, proneptly and fully perform, d'acMrge, execute, complete, arnplY vr~ and abide by each and awry the stipulation. apreemerns, oonditiats and covenant of said promissory rtob and of this Mortgage, titan this Mortgage and the Estab hereby ueated shall txsase and be rwll and void. IT IS UNDERSTOOD that the ward "MOrlgigOr~ whether ifl the airtgular err plural anywhere ill this Mortgage. shall b• singular ff one only and shall be Ptor+t ioiraly and severally ff more than one, and that tM word "their' as used anywMne in this Magage shall be taken b mean "hb," "lean," « "its," whoever the context w irreplies a admits. Abo, that wherever then b a rehrence in tits covenants and agreanereb berth nxwrlaYted to any of tb parties hereto, the srrw shill be contrwd ro trteart as well a the heirs, legal representatives, wooessars and assigns (either vohentary by act of tb parties a hvrthtmary by operation d the Lew) Of the same and that the covenants herein oattahad shall bind end the benefits and advantages bare to the reapeetiw heirs, bpal representatives, successors and assigns of tM parties hereto. And said M~ortgapas. f« tlwaasivsa and their belie, Isgsl rapresenatives, woonson +nd assigns, MrebY iointh and savsraay oo~wnant and prat ro and with tM said MORTGAGEE. its suoass«s and assignee: 1. To pay all and singular rite Principal and Merest and tfee various and sundry retires of ntorety PaY+~ by virtw of veld promissory noM, end this mortgage, each end every. promptly on tb days respentively rite same severally become dw. Z. To per aN end ehgttlar rite taxes, assesarteerels, levles. aabaiti«, obligations and encurrebranoss of awry nature end kind now on saW dewbed property, or thM hereatte- mar be InnPoe.d, wffared, Placed Iwied, a assessed thereon, err that Ieereafar may be levied or assessed upon fleN MatR. age, or the hdaMedness seratred hereby, eadt and every. when rive and payable, aaardMg ro law. before they become deliregwn-b and before am hNrest. attacMs a any panahy b hnatrredt AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL fiE PROMPTLY SATISf1E0 ANO DISCHARGED Of RECORD AND THE ORIGINAL OFFKIAL pOCUMENT (SUCH AS, FOR INSTANCE, tHE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHAH ~ PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN tEN DAYS NEXT AFTER PAYMENTt and h rite want that any thereof b not paid, satisfied aril dbdurged said MORTGAGEE may at any time pay tM same a am pert thereof without waiving « affecting any option. lien, equity or •ipM under « by viNw of this mortgage and rite full amount of each end every such payment shell be Mnreediately dw end payable and shall beat Merest rrom ib dab thereof until paid at rate of nine per antum per anmten a~~it~~th~ k-t~res~ II be secwsd by rite lien of this morgtage.