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HomeMy WebLinkAbout2599, THIS INDENTURE. 6th ~ d Septesbes A.D. )9 69 __ hawser ~;da ens and! A ace a lets s w a _„ of St • Luc • Coi+ab Florida, hareGnftet dasgne»d es tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION CF FORT PIERCE. a corporation orgertisad and a{istinp under tM laws d tl»~,pURni»~Ad~GSEtEa.»a d M-l-kn fend M~^Y Ica PrM><Ipal F~I+aa d busirnes kt the Cfry d Fort Pbroa, Sf. ludo County, FlorilM, Mreirnftar daigna»d as tM. rb ~W 00 WHEREAS 1M MORTGAGOR b jostle ir-dabeed to ihta MORTGAGEE 1'in 1M solo d ~~~- .good and lawful moray of the Unitd States advanced by tln MORTGAGEE unto the MORTGAGOR„es evfdertad by a certain prontiMocy e0» d wan da» herewith, d which the following M ~ ds arld_ fps b a trw Dopy. to~vrm - 6 ~ 2QQ• QQ F,b15,~ 92B Fort M«c.t ~~,,, SeDtenber 6 w~~ fo- vahn received, 1, we a either d ua, promise to p.y, without dafakation, to the order d FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Piaa, Fkxid4 tM sum of tj 6 a 2~• ~ with interest from dah at the ra» of~-% pa- +~nnurrl, in nwnthlY Gata11- ments esfollows: i 6O• ~ on tl,e 5th ~ d January , 19_Q and a lib sum on tM correspading day of each month then- after until the whole be fully paid. Each inntallrrtent first shall be applied in paynnrt d the interest and than oo tM unpaid balance of the principal sum. ff def~uk b made ks the payment d any Katalk,+aM wham due. and such default eontinws SO days, than at tM option d the holder. and without any other-not~thaFforebNranoa, instalkrter,b shall be dw and payable at once. Privilege b given to prepay thb no» in whole o- kt part at arty time without penahy. nor accepanoa by the holder thereof after any dafauh in any payments hereon, shall be deemed ea emion. A la» payment 2Fwpa of b 3 • ~ shall be - addad » each installment remaining unpaid 7 days attar Ns dw date, and a Ub sum shall be added b each such imtallrrtent rentaio4,g unpaid y Jaya after each succeeding paymar-f date. Each maker, surety and endorser hared, jointly and teverally,~ waives demand, piesantmer-t protest and notice d protest fa nonpayment, and further agrees to any extension d time of payment, eNlnr i»fore err after maturity, without notice to any of us; and to pay alt costs of coilection, includ'utg a reasonable attorney's fee in tM went d any default lterwnder, and hereby severally waives all benefit of homestead and exemption under the conttitulion and laws of each Sta» d the United States, as against thb obligation a any extension or renewal hereof. Witness tM hand and seal d each parry. /s/ G. B. Walters ~ (.BEAU s ace a tees ts~u . l'~-U t+IOW, THEREFORE, tM MORTGAGOR for tM purges d eeeurkg payment d said sum of ~ 6.200- 00 .and the performance d tM covenanb and agreements hereinafter expressed, and for dawn Rood and vahwble considerations„ by thaw presents, does grant, bargain, sell, remise. release. convey and confirm unto the MORTGAGEE, ifs s,rocewon and sstigr-s, all that certain lot, Pies or Parcel d land, situate, IYMW and being in cite course d St. Lucie and Stet. d Fktrida, desvib.d es fouows: I.ot 12~ Block A~ FRAhBACH SUBDIVISION, as per plat thereof on file in Plat Boot 7, page 36, of the Public Records of St. Lucie County, Florfda, RECEI~ iN PA`ItAENT OF TAXES DUf ON CL'lSS 'C' INTANGIBLE PEA ~kAl P;IOPfRiY, ,r 70 CItgPTr.R 2u7'_1. 11„iS Of 1951. PL r.S'..A'i7 c~c ^ F-el~t•.~.s, c;~t~ c~«,it c~vlt ~ kg~~; f~i Gat~lIEL N. KN~W~S. 1R St. Lucie Cou..ty Tax Collector ~ DEPUTY together with all and singular the terterttents, hareditamenb and appurtartoes tlterwrtto belorginp or N a^Yw~ ~ak~ ~NO• end all rents„ hews. proceeds and profit atxr,rintp and to aou,re from veld prwnises, all d whidt an inehneled in the above and forpokg description and habendurn. TO HAVE ANDtTpeHQlO 1M above describd and Ranted prambes umo the aaW MORTGAGEE, its successors and assigns forwver. And the Bald ~~ nn 1i~= M~ ex nators and assigns, tearable cownards whh the said MORTGAGEE, Hs araeseo-s and +ssiprts. t~T ""'y ~e bvvfuily salted d tiw veld prembas in fee airnplat that tM- same an free, dw and dlaclMrged Fran all pan and errant trances in law a in equity, and th•t they will and their heir shdi warram and defend the title to cite acme to the add MORTGAGEE, its suaessae and assigns, forever agaktet the lawful elairm and demands d all pertonsf PROVIDED. ALWAYS the ff the MORTGAGOR shall pay unto the MORTGAGEE Fite prcrrtbtory rate lnreirtbefore dewibed and shall truly. prernpNy and fully perfanrt, dadtarge; exew», complete. comply with and abide by arch and every the stipulations, agreerttatcs, oort•tions and eovatartts d said promissory noes and d stet Mortgage, than this Mortgage and the Esta» hereby vested ehaN ante and be null and void. R IS uNOERSTOOD the cite word "Mortgagor" whetiwr 1n the sir,p,nla- a phrrel anywhere in this Mortgage, titan be singular ff ors only and shall be glued jointly and severally ff mere than one, and these the word "their" es used anywhere ks stet Morrgag. shall be taken to mean "hb," ••MKS,•• or "Its,` wherever the corsets b implies or admits. Abo, that wherever there b • refererta M the awenartb and apnsntertts herein oortlairted to any d tt,e parties herao. tM setts shall be construed to mean es well as tM halo, legal repntsrttatives, ttrooetaon and ettigne (either voluntary br ad d the parties a invohrrttary br operation d tM law) d tM same and that the coverwtb herein corasirted shell bind and tM benefice and advantages four to the respective heir. ktgd repreesrttatives, seoasson and + d the parties hsrNO. and esverdly oovenartt end agree And said Magegors, fa tlnmeshres and tltsir heirs, ktgd repreterNatlves, wooesscrs and aseigrn, hereby joimiy to and with the add MORTGAGEE, Its wooetsors end assigrst 1. To pay dl and singular the prirtdpai and Merest and the vsrious and sundry some d mart payable by virtw d said pranbeory note, and flab ntapage, each and every, pramptir on the days respectively the earn severally become dw. 2 To per cep and singular the »xes, esesstnterns, ktvies, IiabNitiat„ obligaions and ertaettbartoae d every rtetun and kind raw on said desvR,ed property. or that ltensiter any be imposed, suffered, dead, krvbd, err assessed thereon, a cant lsreaf»r may be ktvied or assessed upon thb Martg• age, err @n btdebtsdrsss secured hereby, each and every. when dw end payable, aooordirg b ktw, before they becarn ddirwlwrtt, and before am Merest attaches or any parity b Mtcurredr AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAiNE SHAtI 1• PROMPriY SATISFIED AND DISCHARGED OF RC{ORO AND TF• ORIGINAL OfT•KIAL OOCUMEMT tStICH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFKIAtIY ENDORSED OR CERTIFIED) SHALL !E PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENTS and in tM evert that any N,ered b tae paid, satisfied end dacltargsd said MORTGAGEE may a sty lions Pay cite same a any pat thasof without waiving or affecting any optiat, lien, equNy a •iRM under or by virUre d stet mortgage and tM full amounts d each and awry eud, paymatt shall be irrwrtediately dw and payable and shall bear Merest trOfn cite da» steered ur-til paid st ra» d nine per nnwn and together with t,ndt Interest shall be senarred by IM lien d this morp»ge. ~~'9 P~~597 ~~_ :. ~ ~~ y