HomeMy WebLinkAbout0212 ~ ~S~i ~t)1
THIS INDENTURE, AAade the 31 ~t day of _~~~~r A.O. 19_~ b~tween
nne nra~ond, a aingle a,dult
a{ s~i• ~~6 Counry Ftorida, hereinafter das:gna~ed as rhe "MORTGAGOR," and fIRST FEDERAL SAVINGS AtJD IOAN •
ASSOCIAiION OF fORT PIERCE, a corporation organized and ea~sung under fhe laws of the United S~aws of America and having iti principal place of ~
butirKys in ths City of fat Piace, St. lucis Couoty, Ftorida, hereinafter designafed as the "M1O~R~+TGAGEE." ~
WHEREAS the MORTGAGOR it jus~ly indebted to the MORTGAGfE in the :um of 3_~.~lZ~!~__,_ good and lawful mo~y of the Unrted
States advanced by the MORiGAGEE unto the MORiGAGOR, as e.~dencad by a certa~n pro?ussory note of r.en date herew~th, of whkh the iollowing in
w~d~;~:u=i is a frue copy. to-wit:
S j
,6,~ s
Forf Pie?te, Flaida, ~Q~~r 3~ ~ 19~
fw value received, I, we w either of us, pro;sg t~~a~:wi houl defalration, to ~he ord~r of FIRST FEOERAI SpAVINGS AND IOAN ASYJGIATION OF
FQRT PIERCE af Fort i r 1 nda, the sum of 3~~~~__ w,~th ~nr~•rest fro.t~ dote at ti,e rate of v!2~; per annum, in monthly install-
ments as follows: ; an the ~~ay of i9?0 and a Gke sum on the correspond~ng day of each moroh there-
affer until the whole be fully paid.
i
Each installmeM first shall be applied in paymeM of the interest and then cn tne ~~~p~ d batance of the pr~nc pal sum. If default is made in ihe j
payment of any instaUment when due, and such defauh conrinurs 30 dsys, then at the opt~oo of ~he hc;der, ar,d v;isho~t any orher notlce, all Ihe remaining i
insqllmoMS shall be due and payable at or~ce. Privilege is given to prepay this note in whole or in part at any t~me without pe~saity. Ne~jie= forebearance, ~
nor acceptance by the holder thereof after ~ny default in any payments t~ereon, shall be deemecl extension. A iare payment charge of S_5~~ sha!! be i
added to each installmem remaening ~npa;d 7 days atter its due date, and a~~ke sum siwfl be added to each such ~nstaltme~t re~naining uopaid 7 days afte~ #
each succeeding payment date. ~
Each maker, surety and endorser hereof, jamly and severaliy, wa~ves dec..,nd. p~esrr,tin,rn! prot,~st and r.ot~ce of protest for nonpayment, and furthtr ~
agrees to any extension of time o( payment, either brfore or afsrr matur~ry, .nrhout ree c.~ To any of us; and to pay all ccsrs of collection, induding e
reasonable attorney's fee in the event of any dafauh hcreunder, and hereby se:crauy .,,;~vrs aii ben.•fit of homestead and exemption undcr the constitution
and laws of each State of the United States, as aga~nst ihis obtigation w any exi~rs~on pr renrwai hcreof.
-t~arKt
aa e
(SEAI)
(SEAt)
( 2~~25 ~ State Revenue «U
(Starnps csn~elled on original note) ,~f~•~
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S and the performance of tM
covenants and agreements hereinafter expreued, and fw divers good a~d vafuabie corsiderat+ons, by these preser.ts, does grant, bargain, sell, remise,
release, convey andSc~~nlj~m upto fhe MORiGAGEE, it: successors and ass~gns, all that certa~n lot, piece or parce{ of land, situate, lying, and be~ng in the
County of y ju' 3~ and State of Florida, deacribcd as follows:
I,ot 1, ffioak 26~ PA.'tlWISS P1RIC SUBDIVI3ION, aa per plat '
tUereof an tile in Plat Book 8, page 1T, Public Records
of St. I,ucie Cotuity~ Florida,
y ~ ~ !t , ~ S ~ ~ e~ ~
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- J oC ` r, _ ' ~ `C^ ~~'~'Ff; ;~3i r ,~`~.~"'E~'T ^F
Z ` UA;EN T,~ r•„ ~ Z..? J ..;r. ~ ~ T.1x~
~ s rNr~~ ~ r~ ~ , . , ~ _ F~.~; t:;rr,
~ U ~ "~'S7~ ' '_'1_~` . UV- . il+ir,~4$ C;e~s ~ . t '='%I.
_u. r~r,!
~ ~.l A.aJ- `S,, ` at ~ n, r r L
C:i..t0 ~ ~ 0 L ..t ~l I l.i.,:rCC ~`.ill1:. [
~90 ;gER ~ 2 S ~ $C IUiI? :f~S, )R.
--'~-°~~,r C~J~ • la:~ Crli~~:for
_ ~`1 By ~C/ ~
~ _ ~_1,
DFFi17Y CCF~, f,
togethe~ with sll and singulai 1he tenements, hereditaments and appurtances fhereunto belonging or in anywiu appertainirg fF~ereto, and all rents, iuves,
proceeds and profits xuuing and to acaue from said premises, all of which are inctuded in the above and foregoing desuiption and fiabendum.
TO HAVE AND~TQ HOLD the above desv~bed and'granted prem~ses ~nto the said MORTGAGEE, its svcceasors and assigns forever. And the s~id i
MORTG/~GOR for l~a heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its svttdsors a~d auigro, f
that IS lawfully uized of the said premises in fee simple; that the same are free, clear and discharged from alt iiens and encum~ $
brances in law or in cquity, and that ~ will and b~ _ heirs shatl warrant artd defend the tittt to the tame fo ths said 1
MQRiGAGEE, its successws a~d assigns, forever against the lawful ctaims and demands of alt persom;
PROYtDED, A1WAY5 that if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory note hereinbefwe described and thall truly, promptly
and fulty perfwm, dixharge, execute, complete, camply with and abide by each and every the s?ipulations, agreements, conditions and covenants oi said
promissory note and of this Mortgage, then this JNortgage ar~d the Estate hereby created shall cease and be null and void. ~
IT IS UNDERSTOpp Ihst !he word "Mortgagor" whethec in the singular or plural anywhere in this Mortgage, shall be singular if one only and
shall be plura) 'pintly snd severally if more than one, and that the wad "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hen;'
or 'ib;' wherevd the context w implies w admits. Alw, that wherever the?e is a aefe~ence in the covenants and agreements heroin contained to ~ny of
the parties herNo, the ssme ihall be constr~ed to mean as well as the heirs, legal representatives, successon arx! assigrn (either vo'Iuntary by act of ihe
pa?ties w involuntary by operation of the law) of the same and that the covenants herein contained shafl bind and the benefits and advantagq inwt
to the respectiva hei~s, kgal rep~esentatives, successors and au°gns of the panies hereto.
And said Mortgsgbrt, fa themselves and their heirs, legal representatives, successas and assigns, hereby jointly and xverally covenant and sgree
to and with the wid MORTGAGEE, its successws snd assigns:
1. To pay all and sinyulsr tht printipal and interest and the various and sundry sums oi money payabte by virtue oF said promissory rate, and tha
mor?yaQe, each and every, promptly on the days respectively the same severally become due. ?
2. To p~y ~II and singular the tsxes, assessments, levies, liabilities, obtigations and encumMances of erery nature snd kind now on ssid described ~
properfy, or that hereafter may be imposed, suffaed, plsced, levied, or assessed thereon, w that Fiereafter may be (evied a assessed ~pon this Mort¢ ~
age, w th~ indebtedness ~en,red he~eby, sxh and every, when due +nd payable, according to [aw, befwe they become delinquem, u?d betwe any ir~teresl
attaches w sny penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD iHE SAME SHAII BE PROMPTLY SAiISFIED AND DISGHARGED OF
RECORD AND TME ORIGINAL Off(CIAL OOCUMENT (SUCH AS, FOR INSiAtVtE, THE TAX RECEIPT OR IHE SATlSfACTION PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENi; and in the event that any tixreof is not
paid, sat'sfied and dixharged sa:d MORTGAGEE may at any time pay the same w any parl ihereof wilhout waiving w affectie~g sny option, lien, eq~ify or i
•~qht under or by virtue of this mortgage and tbe fuU amovnl of each and every such payment shall be immediately due and payabk and shall besr interest i
F~om the date thereof until paid at rate of nine per centum per ar,num and togNh~r rr~th suth interest shall be secured by the lien of th:s motgtage. ~
i, ,c i82 P~~f ~1~
BOOK