HomeMy WebLinkAbout1076 lss3~~~ ~
TNIS INDfNTURE, Mad~ th~ 2`~~h dsy of Nc~vembpr , A.D. 19_.~~ between
Pinnie Iti. Johnson Oliver. individually and as-Gusrciian of Herschpl 1~_Jnhn~nn_ _Ir_ _
a minor, and Edna J. Lord, A Sin41e Adult
`of _ St. Lueie County Florida, hKiuHft~r dstignated ss the "MORTGAGOR," and fIRST FEDERAL SAVtNGS AND tOAN
ASSOCIATION OF FORT PIERCE, a cwporation orpanized snd ~xisti~g unda ths laws of tM United Stata of America and having its principal PIKO of
business In tM City of Fwt PiKCe, St, luci~ County, Fbrida, FNt~IMf1N dit~Mlfd ~s tFw "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jwtly i~debted to tM MORTGAGEE in the ium of ~ 2•7~ good and lawfut money of the United
States sdvanced by the MORiGAGEE unto the MORTGAGOR, ~s evidencad by a ce~tain promiuory note of even date herewith, of wh~ch tF~e following i~
words and fig~ies is a trw copy, towit: •
2.'700 . QQ,__ H,_ I6 07 2
L; t ~
fwt Pierc~. Fb.ida. Novecaber 29 ~9~,Q_
~
For value rcceived, t, we or eifher of ui, promise to pay, without defalcation, to Ihe order of FIRST FEDERAt SAVINGS AMD IOAM ASSOClATION Of
, FORT PIERCE at Fort Pierte, Fbrida, the sum of =Z.~~~ with interest from data at the rats of 8• S 96 pcr annum, in monthly in~tall-
mems as follows: t 4$•~ dn tfie 1$th day of January 19~Q and a like sum on tF~e carespond~ny day of each month the?e-
afrer until the whole be fully paid. ' '
~ Each installment first shall be applied in payment of the interesi and then on the unpaid bals~ce of the pr+nc~p~l sum. If default is made in 1he
payment of any installment when due, ar?d such defauh conti~ues 30 dayt, then at the aption of the holder, and without eny other notice, a{I the remaining
~ ~~~stallments shaN be dve and psyable at once. Privile~e is given to prepsy this note i~ whole or in p~rt at sny time without penalty. Neither forebearance, ;
~ nor acceptance by the holder thereof after any default in any payments hereon, shall be decmed extension. A late psyment tharge of s j•
35
- sl+all bs #
" added to each instal~r?Knt remaini~g unpaid 7 days sfter itt due date, and a like sum shatl be added to each such installment ~emaining uops;d 7 dsys after ~
~ each eucceed~ng payment date.
~ Each maker, su?ety and endorser hereof, jointly and sever~lly, waivea dcmand, presentment protest and notice of protest for nonpayment, and funher ~i
~ agrees to any extension of time of payment, either before a after maturity, without not~ce to any of us; and to pay all costs of coNecrion, includ;ng a ;
` reasonable attwney's fee in the avmt of any de(ault he?eund~r, snd Mereby severally waives all benefit of homestead and exemption under the constitution i
and laws of cach State of ~he United States, as against this oblgation w any extension or renewal Fxreof. .
Witneu the hand and sesl of each party.
' /s/Pinnie t~' . ohnson i r fs~AU
~ ~ohnson u~zdl~~~ Nersc el J. ~~u
_ (s~?q
/s/Edna J. Lord, A Single Adult
~ ~ 4.05 ~ State Revenw
(~~amps cancelled on ori9in~l note)
NOW, THEREFORE, the lMORiGAGOR for the purpose of iecvring psyment of sa7d aurn of = 2~ 7~ , and the perfo?mance of the
covenants and agreeme~ts he~einafter expreued, ~nd for diven 9ood +nd valuible considerstwns, by these ptesents, does grant, baryain, sell, ~emix,
reteau, convey +nd confirm unto the MORTGAGEE, in succeuors and astigns, stl tMt cartain lot, piece or parcel of Isnd, s;tuate, lying, and being in ths
County of St . LuC2C' ud Stab of Fbrid+, deauibed u follows:
~
j
The North 210 feet of the tv~ of the NE4 of the Vc ~
of the of Section 30, Township 35 South, Range
40 East, Except rights of way for roads and canals
over and upon the said property,~
RECEn~n s . ~
G
OUE UN C IN PAYNF.NT OF T/U(ES
- - - PUF;S:iAFiT Tp~•HAPT~R 20 24E AC S~Of1911.PERTY~
~ r-~ ~ c t~~ V~-r i~: f-i R06CR POIT
U~ DOCU~•9~NT~-~~~'_ STwti;P 7~;: Cte:k Grcu~t Ccurt
~ z - - -o~'. ,
~ - - as Ager.t for OA
~ = oEC-2'a9 3~„~~`;._ NIEL N. KNOWLES, 1R
N ~ _ ~ 4 0 5= St tucie Cou:,ty T~ ~Ilector
CONPTRCLLEA~~:~, _
*
E?j~. tov~aa ~.~4~ss By C_~z~r
DFPUTI' CLERK
~ rogefher with all ~nd singubr ths tenements, hereditamenb u+d +~ppurtsnces tF~e~mo belonpirg or in snywise ~ppenainirg therero. ~nd NI rents. issuei,
'4 proceeds ~nd profits xauinq snd to acvue from :aid premisa, all of which u~ included in tM abov~ and fweyoinp desuiptwn and Mbendum. e
; TO HAVE AMD TO HOlD the above described and ywnted premises uMO ths said MORTGAGEE, ib suaessws and auigns forevar. Md tM ~id
MORTGAGOR fw their ~~n, executors, ~dministraton and auigro, hereby coven~nb with tIM ssid MORTGAGEE, its wcceuws and auip%
rhat - thev a i_ (~,,,,fully seized of the said premius in fe~ simples that tM same u~ frN, clear ~nd diaclwrped from aIl liem u~d er?cum~
brances in I~w w in equ~ty, ud tFut~.}t will ~nd thP i r hein thsll wurant and defend the title to the s~m~ to the s~W
MORTGAGEE, its sucussors ud suiyra, fwever ~y~inst th~ lawful ciairm ~nd dem~nds of all pasaa;
PROVIDED, ALWAYS that if the MORTGAGOR sl+~l1 p~y vnto tl+e JNORTGAGEE the promiswry note hereinbefwe desuibed u~d shaU truly, promptly
and fully paform, diuMrge, execute, complete, comply with and ~bide by each and every the stip~lationt, ~reemenb, conditian and coven~nn of s+id
prom~ssory not~ and of this Mortya9e, then this Mort9~ snd the Estate hN~by ueated shsil ceas~ end be null and void.
IT IS UNDERSTOOD th~t tM wwd "Mwty~por" whsthe? in the sinpular w piwa! anywhere in tF~is Mortg~pe, ihall be sinyular if ww only ~nd
shall be p~ural jointly and ~evaally if more tMn one, and that the word "their' at used ~nywfier~ in thit Nbrtya~e sh~ll be taken to me~n "his:• •'hen;•
o~ "its;' wixrever the cont~xt so impli~s or admits. Alw, tMt wher~ver there is a referenoe in tM tovtn~nn u~d agreements hsrein oontainsd to amr of
rhe puties hereto, the sarne shall be tonstrved to mean as well as the hein, leyal npr~sentaYrves, urccessors ~nd asii9~ (eiti~er volunury bp ~tl of tl+~
parties or ;nvoluntary b~r op~r~tion of the law) of tF+e sartit and tMt the coven+nn hersin comsined shsll bind and rhe benefin and adwet.y~s inw~
to the respective heirs, lepat r~presenutive~, successors and ass~yrn of th~ p~rtita hereto.
/lnd said Mwt9~pors, iw themselra Md their i~ein, Ie~al rapre~enutives, succ~ssors and auiyra, h~reby jointly and severally oovenant and pr~e
ro and with the said MORTGAGEE, iri s~ccesson ud auiprn:
1. To p~y ~U ~nd sirgular th~ p?incipal and intaest and the wrian u~d sundry sums of money psY~bk by vinve of said promissory not~. ~nd this
mort~sp~. esch and every, pranptly on tM days respecYnely tlw ~am~ aw~~dly b~corn~ dw.
2. to pay iN i~1d li11~YIN NN f17[tf. nsesunenb. Iwies. liabilities, ob~liqstions and encwnbr+~us of ~very nature ~nd kind raw oe said desuib~d
P~opertY, w that I~eaftsr may be impoted, avffaed. P~+ced. I~vied, a ~ss~ssed therson, a thst here~fter may be kv'ied o~ aiseswd ~pon this Morty-
a~, w tM indebtadness ~ecvnd hereby. ~ad~ and ev~ry, wh~n due ~nd payabte, aawdirg ro law, bsior~ they become delir~qu~ent and befw~ ~ny inter~s~
~q
at~sches or any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISFIED AND OISCHARGED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SAT(SfACTtON PAPER OfflCl/1ttY ENDORSED
OR CERTIfIEDj SHAII 8E PIACEO IN THE HANDS Of SJ11D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENT; and in the event thst any thereof ia not
paid, sat:sfied ~nd dixh~r~ed sa:d MORTGAGEE may st any time pay the same a a~y part thereof withart w~ivi~y a affecting any optan, lien, eq~ity or
~~pht under a by virtue of this mortgsye snd th~ full amount of e+ch a~d every such payment sha!! bt immed;ately due and payabk snd shall bex interest
~rom the dale tF~e?eof until paid at rate of n~~e per centum per ~nnum ar+d roy8t~~~~ m~r=~i~~secvred by ~he lien of th:s moryt~Qe.
rfqii
_ -
_ _ - - - ~s
~ _
. - ~ ~
~ - ~ ~ _ .