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HomeMy WebLinkAbout1450 ? ~ lsss4~ t THIS INDENTURE, Mad~ th~ ~d day of ~YC@mb@r ~?,p, 19~~ between - L.loyd Glinton and ~a L.e~ Glinton his wifQ and Rsankl n A. Ha~rris and Valor e V. Harris, his wif~, ; of S~ • I.11C~Q ~ Cpynfy Flotid~, htninaftN dNg~ated as the "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS AND LOAN ~ ASSOCIA?ION OF FORT PIERCE. • cwporation or~~iud +nd existiny undK tM lawf of ths Unit~d Stat~s of Americ~ and Mvinp itt p?i~cipal pl~ct of busin~u in tM City of fwt Piau, St. l~ci~ County, Flaida, hsriuNfiK d~siyrut~d tfr "MORTGAGEE." j WHEREAS tM MOATGAGOR is pntly ind~bt~d to th~ MURTGAGEE in th~ tum of i 7-a2~•O0 good +nd lawful m«xy of the Un~ted Sfates ~dvanced by the MORiGAGEE unto tl+~ MORTGAGOR, ai evidenced by a certain promiswry nots of even da~e herewith, of wh~ch the followiny in wwds ~nd fiyw~i is a trw copy, to-wih s 7.200.00 ~y, 16,Q79 P~.n. Fs«~d.. D~ceaber 2. io~_ For val~e ~eceived, 1, we w eithe? of us, promise to p+y, without def~lcation, to the order of FIRST FEOERAL SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE s1 Faf Pierce, Florid~, the tum of ~ 7~2~•~ with interest from dst~ at the rate of ~_96 pe~ +~~~m, in monthly i~stall- ments ait follows: s 71 on tl+~ ~~ch d+y of Januaty 192~ ~nd a lik~ sum on the correspa~dirg day of esch month tF+ere- after untit the whole be fully paid. Each insullment fint shall be applied in p+yment of tM in?erest and the+~ on the unpaid balance of the princ~pal sum. If defauh is midc in ths payment of any installment when dus, and suth default continues 30 days, then it the optan of ths holder, snd without sny other notice, all the remaini~g ;~stallmcn» shall be due and p+yabb st once. Privilege iu yiven to pr~psy this raro io whok or in part at any time without penalty. Neither foreb~arance, nar acceptance by the holder thereof after any default in any payments hereon, ~hall b~ deemed exteniwn. A late p+yment charge of S~ shall bs aciJed to each installment remaininp vApaid 7 days afta in dw d.r•, and • like sum sh~ll be added to esch such installment remaining unpaid 7 days aftcr each succeeding payment date. Each maker, surey and endoraer hereof, jointly and severally, waives demand, pexmment protest and notice of protest fw nonpaymeN, and funF~er agrees to any extension of time of payment, either befwt or aftc? maturity, without notice to any of us; and to pay all costs of cotlection, including a reasonable attwney i fee in the evant of any defauh hereunde~, and heieby uverally waives sIl benefit of homestcad and exemption u~der the constitut'wn and lawa of each State of the United States, ss agairat this obli~stion w any extension a renew~l hereof. WitrKSS tl+e Ma~d and teal of esch party. S Lloyd Gl i_n ton tsewU s~ B~aa LQe Glinton ~s~?u S/ Fr~?nklin A. Harris ~wU S/ Valerie V. Harris ~s~ ~ lO. 8O ) Stat~ Rev~nw (Sramps cancelled a+ aipinal note) • NOW, THEREFORE, the MORTGAGOR fw the p~rpose of sec~ring paymeM of tsid sum of = 7• 2~ and the performa.rce of the covenanri and apreements FKreinafte+ eapressed, and fw divas pood a~d valwbla considentans, by these presents, does yrant, ba~gain, sell, remix, release, conwy and confirm unro the MORTGAGEE, its successws ~nd ~ssgns, all 1Mt cerUin lof, pieoe or p~rcel of land, situate, lyinp, snd being in ths County of St. Lucie u~d St~t~ of florida, dexribed as follows: Lot 15, Block 3, 90U1'fIBRN PINBS SUBDIVISION~ according to a plat thereof an file in Plat Book 9, page 68, Public Recorda of St. Lucie County, Florida,~ ~ t ~ C+E n,r ; FECE":EO ~ 7~ . y° i P~::S .;;t ~~ps~ ~ INTANGIBLE pERSpTM~ OF jq~ ~ ~ : R 20724, PRQPERT1i, t _ f.OG t~ i Cl'F,HS, CIe: ~ OF 1941. ` ~ 5:.1 l~.1 t UF 1- L U~-{ I lJl~t k circuit Court ! ~ 7 Z DOCUMENTApN STAMp Tq){ as f~r pqhi~F~ n!(N~W1ES, ~R t ~ ~ = DEC-6~a9 ' St lu:~ Cou:.t~~r iax Cotlecto ~ F p . ~ r / ~ ~ ~ U CONPTROILER ~ O B O~ By / ~ ~8.190138. c t = ~ ~ ~C•t~ ~ DfpUjY ~~K ~ 3 ~ M ~ ~ ~ ~ rogether w~th ~II snd singvlar tM tenemenb, heredit~menn and apEwrtances ihtreunto bslorginy w in ~nywife appeASininp fhereto. ~nd ~II r~nn, iuws, prxeeds •nd prof~n .ccruing sr?d to sccrue fran s+id premises. ~II of which ~re inclixlad tn tM abov~ ~nd fw~oirq desuiptan and Fubendwn. ~ TO HAVE AND TO HOID the abov~ desuibed and ynnted premaes unto the saW MORTCaAGEE, its svcussws snd +ssiyns fwevK. Md tM said ~ MORTGAGOR fo~ theiz ~x~~. ~inistr~tors and auigm, hereby townanb with tM ~aid MORTGAGEE, its succeswn and ~seipro, ~ that -~4~ eYe I~wfvlly uiud of tMe ssid premises in f~a simple: tlut tM s+m~ are h~e, clear and d'acF?uped from ail liern a+d ~ncum~ ' brs~xes in law o~ in equity, and thst th@Y will and their h~in shall war~nt and defsnd t)w title to the s~m~ to tM saW ~ MORTGAGEE, ib successors and assi~rn, forwer apai~st the lawful claims snd demanda of ~II perwms i~: PROVIDED, AIWAYS tMt if tM MORTGAGOR shall pay vnto the MORTGAGEE the promisso~y not~ hertiobefor~ d~svibed and sh~ll truly, promptly 'i` and fully perfwm, disclurye. ~x~cvt~, compl~t~, comply with and ~b~ by e~ch u~d wery the stipulations, praements, conditioos a~d coven~nb of said - oromissory non and of this Mortyap~, tMn this Mat~ap~ and the 6t~t~ h~r~by asated ~hall uas~ and b~ nuU ~ed wid. ~ IT IS UNDERSTOOD that tht wwd "Mort~syor" wMtha in the sirgular or plwal anywh~re in this Mwtpsye. shall M sinpulu if on~ only ~nd ~ shsll b~ plurd jointly u~d atverally if mon tha~ uw, and th~t tM word '9h~ir" a us~d +nywh~r~ in tAa Nbrt~ap~ shall b~ »ken to reKSn "his;• •'h~+s•• ~ or "in," wherever the cont~xt ~o implies a admits. Alw..thst wMrwa ther~ is a ~~f~renc~ tn tb. co~nnann •nd .preemenn herecn cont~~~sd ro ar?y of ~ rhe parties he~eto, tM ~~ms ~h+ll k» cautrued to rn~~n ss w~ll as th~ h~in. I~qal nprssenqtiws, waessws and assgro (either voluntary by act of tM _ parties w involuntary by operation of the law) of tM ~arn~ and tMt th. covenanrs her~in com+ined aMll bind •nd ~h. b.n.fin and .dv.ntpes inur~ ~ to tM r~spective hein. Ipal representdivea, aucc~ssors and au~yns of tl~e putiss hersto. ~ Md uid Mwtpayas, fw tFwms~ha and tMir I+~irs, Ipal repre~entativa, sua.euat and astiyro. FKnby jointly and sev~wlly cov~nt and ~pree ~ ro ~nd wkh fl» said MORTGA6EE, its wccesson N+d assipns: ~ 1. To pay ~II and siigular thlt p~intipal and intaesf and tM vario~s ~nd wndry sums of mon~y psyablt by virtw of said promiisory not~. ~nd M~is mort9sye, ead~ ~nd evKy. PromPtFy on tM day~ reap~ctiwly tM sun~ sw~rally bacant dw. 2 To p~y ~0 ~nd siegular th~ taaM. ~ues~nts. Iwi~s, fisbiliti~s, oblip~tiora and encvmbr~nus of ~very r?~tur~ ~nd kind now on aid deacribsd ~ P?opKtY, or that hereaft~r may b~ imposd, wffend. Plaad. Iwied, o~ ~swss~d tMr~a4 a th~t Mr~aNar may b~ kvied or auessed upon thh Matp- ~ aye, or tM tr~debt~dness wwr~ hK~by. ~ad~ u~d ~wry, wMn dw s~d pay~bb, aawdinp ro law, befor~ tMey becane delinquent, and befw~ any G+tK~st ~ ettatF+es w uiy pen+lty is inturred; AND INSOfAR AS ANY THEREOF iS OF RKORD THE SAME SHAII BE PROMPiIY SATISf1ED AND DISCFIARGEO OF ~ REGORD AND THE ORIGINAI OFFICIAI DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFFICIAtIY ENOORSED OR CERTIf1ED) SHALI BE PLACED IN THE HANOS OF SAID MORTGAGFE WITMIN TEN DAYS NEXT AFTER PAYJNENT; and in the went tMt any tf~~of is not paid, ut'sfied and disch+r9ed sa:d MORTGAGEE m+y ~t ~ny time psy tM s+m~ or any put thsreof without waivirg or affectiny sny option, lien, equity w ,?'4 •~qhe unde~ a by virtue of this mon9sye and th~ fvll ~mo~m of ~ach and ~very wch paym~nt shall bt inwnediately due and paysbk ~nd s!?all bear inferest ~ ~.om the date the~~eof vmil paid at r+te of nine per untvm per snnum ~nd royetMr w7th wch interett sMll be secvred by tM lien of th:s morytape. ~ ~ d00K PAGE ° R 181 i450 ~ ;:r ~ _ ~ -