HomeMy WebLinkAbout0649 i .a.vt.~~r'~ ~ir
•
.Ja11W?!~/ . A.D. 19 7O between
THIS INDENTURE, 11Md~ th~ 9tb d~y of
Clavton R. Johnson and Cha?rlo~t~ A. Jolu~soa~ his ~rit~ ,
r inaft dei naled s~ 1hs "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ~
of St. T.UC e ~ , County florida, he e e+
ASSOCIATION OF fORT PiEitCE, a torpaatio~ wp+~i:ed and exis~ing under ths taw~ of the Uni~ed Stat~t of Ama~i:a and Mving its principal plac~ of
bu~ines~ in tM Gry oi Fort Pi~rc~. St. lucie County, Norida. hsreinafler detiyn~ted +s the "MORTCaAGEE:'
WHEREAS tM MORTGAGOR is jvstly indebled lo the MORTGAGEE in iha szm of ~ 15~ 0~ good and lawful money_ of ihe United
States advsnted by ths MORTGAGEE uoto the MORTGAGOR, as evidenced by a certain prom~uory note of even date iierewith, of wh~ch Ihe followioy in
wwdi and fiyures b a trut copy. to-wit: ~
s 15,000.00 , N, 16.1d3
fwr Pierce, FI«ida, lsntl~v
9 19~_
For valus raceived, 1, we w either of us, promiu to pay, withouf defalcation, to the order of FIRSf FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pio.ce, Florida, the sum of = i5~~Q4~~ - with intarrst irom date at the rote of 8• per annum, in nwnthly install-
r,~nts as folfowt: s 131 on ~he~d d+y of F~3~rv , 19_~Q and a like sum a~ 1he correspond~ng day of each mo~th therr
after until /he whole be fully paid.
Eath installment first shall be applied in payment of the interest a~d then on the unpa~d balance of the princ~pal sum. If default is made in the
pay:~ent of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other no~ice, all 1he remaining
installments ahall be due and payable at once. Privilege is given to prepay tAis note in whole or in part st any time without penalty. Ne~ther forebearante,
nw atceptante by the holder the~eof aftN any default in any payments hereo:+, shall be deemed extension. A lale ~.ayment charge of ~ 6' S5 shall be
added to each insullment remaining unp~id J days aftel its due dals, and a like sum shall be added to each such insfallment remai~ing unpaid 7 days after
each succeeding paYment date. ,
Each make?, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furthtr
agrees to any extension of time of payment, either beiore a after maturity, without not~ce to any of us; aPd to pay all costs of collection, including a
reasonable attorney's fee in the event of any default hereunder, and hereby severa~ly waives all benefit of homestead and exemplion unrlet the constitution
and laws of each State of the United States, as against this obJ~gation or any eztension - w renewal hereof.
Witness the iWnd and seal of eath party.
~ Clavtnn R in nsann (SEAy
(s~?U
~s/ Ctiarlotte A . Johnso~ ~nu
. cs~?q
( 22 • SO ) State Revenw ~
NOW, tHEREFORE, the MORTGAGOR fa the purpox of :ecuring payment of said sum of = 15~~~•~ ~nd the perfwmance of ths '
coven~nts ~nd +greements F1lflinafiN expressed, and for divers good and valu~ble conside~ations, by these presents, daei gr~nt, baryain, sell, remix,
release, cw?vey and tonfirm unto the MORTGAGEE, its succeasors and auigns, all thst certain bt, piece ot parcel of (and, situats, lying, and being in ths
Counry of St• j.UCl@ ~nd State of Florids, described a~ follows:
I.ots 9 and 10, Block 5, LAKBWOm PAItK, UMT ONB,
as pes plat tbereof on f ile in l~lat Book 10,
Paye 51, of the Public Records ot St. Lucie
Coutity, Florida?,
~ ~ pECEIYFD i_~U• i
~ l~ I~~` L l: i 1+'v' ~ ~ DUE ON GtASS 'C IMiM16lBLE 'NpE PR
0~~ ~ T~
v F DOCUME[~TA~`=~STF1h_ 1P lA~( PURSJAIYT TO GiAp'(fR 20721. ACTS OF 1911,~TM'
a - JaNi3'70 ~~j~~~~` ROGER FOtTRA$r CI~ QtWit Court
o - ~ 22~a=
` n ~ coasF~aa~~a ~ as Aspnt for DANIfL N. KNOwLE~ 1R
~ P8.140138 ~cr.G~'i=----~-'~ $t. Ll::lE COili:~ TiX ~~C~f
~ 8r ~ `
~r a~c
together with sll and singulsr fhe tencments, hereditamenb and appurta?xes thereunto belongirg w in anywise appertaininp thereto, and all renb, iisu~s.
proceeds and profiri ~tauing snd ro acvue from sairl p?emises, aIl of which are included in the abov~ end fwsyang dewipYwn snd habendum.
~ TO HAVE AND TO HOID the above described and gnnted premises unto the said MORTGAGEE, its sticcessas and +uigos forever. And th~ ssid
~ the~.~
MORTGAGOR for - hein, executors, administratws and auigtu, htteby covenanb with the said N10RTGAGEE, its suctesson ud ~ssipns.
rhst ~BK ~e lawfuly seized of the said premises in fee ~mple: that the s~me ue free, ck~r and dischuped from all liero and N+cw~r
b~ances in law or in eqvity, snd that t~ V will and t~Q~! hein shall wsrrant and defend ths titl~ to the ssms to the s~W
MORTGAGEE, its wcceasors snd ss~iyro, forever ag+inst the lawful claims and demands of all persons;
' PROVIDED, ALWAYS that if the NIORTGAGOR shall p~y vmo the MORTGACsEE the promisswy note hereinbefore described ard shall buly, p?omptly
~ and fully perform, d~d~srye, execvte, compkte, comply wi~h and abide by each and every the stipulations, spreernents, ca~ditioro and covenann of ssid
y promissory not~ and oi this Mortyage, then this Mortgsge and ttx Estate hereby veated sh~ll cease and be null and void.
%
~ IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular or plural enywhere in tF.is Mwtyspe, shsll be sirgulu if one only and
~ shsll bt plural joinely u~d Kverdty if more than one, and that the wud "their" ss vsed ~nywherc in this Mortga~e shall be taken to mean "his,•• •'hen••
~ or "iri," wherever the conteat w implies or admits. Also, that wherever there is s referencs in ihe covenanls a~d a~reernenb herein contsined ro any of
~ th~ psrties Mreto, the s+m~ shsll be co~?itrued to mesn ss well as the hein, legal reprosentatives, s~xcessws and ~uiyns (either voluntary by act of tl»
parties or involuntary by operatan of the Iaw) of the s~me snd tMt tF~e covenami herein contained shaN bind ~nd tlw benefiri ~nd adv~ntapes inun
~ to the respectiw hein, lesal representatives, successors and ~u~yru of the p+rtiss he~eto.
~ Md said A~Lwtgspon, for tF+emulv~s snd their heirs. leg+l representstives, successon u+d assigns, hercby joiMly and sevewlly covenant and prse
to and with ~he ~aid MORTGAGEE, its wccessors snd auigns:
~ 1. T~p~y ~II and sirgulai the printip~l snd ~nterest snd the various ~nd sundry sums of maxy psyabk by virtue of said promistory nafe, and this
matyape, tach and evsry. Wa^PtfY on the~d+ri ~r+Pectively fhe same sswrally become due.
~ 2. To p~y, all ~aod siigular the ts:gs, usessments, levies. Ii~bil7Y~es, obiiyataro and encumbrances of every narvre ~nd kind raw on s+id dewib~d
~ P?opertY• a that here+fm rrwy be• imposed, wffaed. Plaud, levied, a~uessed thereon, or that hereafte? may be ievied w uses~ed ~pon tNs Mort~-
~ ape, or tlw indebtdneu iecvpd i~u~by, each ~nd ~wry, whsr+ due and p~yable. ~ccordirg to law, befwe they become delinquent, u~d b~fw~ ~rryr inter~st
attathes o? aMr penalty is a+twred: AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPi[Y SATISFIED AND DISCHARGED Of
~ RKORO AND TME OR~GINAI OffICIAI DOCUMENT (St1CH A5, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISfACT10N PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SNAIT dE V[ACEO IN THE HANOS OF SAID MORTGAC:EE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thsf a~y thereof is no1
~ paid, sat'sfi~d snd dixhx~eed said !r~'iT~fsEE may st any time pay the s+me or any p~rt thereof withovt waivirg w ~ffectinp any opYan, lien, aq~rity or
~ •iqht unda~• or by virtue of this mort9sye snd the full amount of e+ch and every such {»ymeM shall be immediately dve and p+ysbk and shall beu interest
~rom the date thereof until paid at rate of nine pe~ centum per annum a~d royether with iuth interest ~hsll be secured by the lien of th's morytspe. .
~
BOOK 182 PACE 6~7
~
: ` _ = ~ ~
~
~ ,
~ ~
4~.~~.~ , _ , -~~r.~r
~