Loading...
HomeMy WebLinkAbout0977 t_ 18~51i ~ THIS INDENTURE, Made the ~ 7~ ds of JiTlual'~ A.D. 19~a~ brrween + _ Chi?rles i~T. i~stsel and Doroth~ i~~ 1~s~ae1, a vifd ~f ~ County Flwida, hera~nafter des~gn~ted p the "MORIGAGOR." and FIRST ffDERA1 SAVINGS AND LOAN ASSpC1AYlON OF FORT PIERCE, a cwpwat~on organized and ex~e~ing under the tews of the Un~ted SratQS of Ame~iu and having its p~incipai plac~ of Q busi~sss in tFw City of Fo~t Pierce, St. Lucie County, florida, here+nafter deiign~trd as tha "MORTGAGEE:' `l,\ WHEREAS the MORTCaAGOR is justly indebted to the MORTGAGEE i~ the sum of S 9f~~~~ good and tawful money of the Un~ted ~ Sfafq advanted by the MORTGAGfE unto the MORiGAGOR, as av~denc~d by a cena~a prom~ssory note of even dare herewith, of whith the foilowiny in words snd f' ures is a t~ve copy, to-.vit: = 9,000.~0 ,,~_16,150 4 fort P;erce, ftorida, - J~1u~~.~. 19 7~ ~ For value received, 1, we w either of us, prom~se to pay, without defalcarion, to the order of FIRST FEOERAL SApYINGS AND IOAN ASSOCIATION OF ~ FORi PIERCE at Fai Pierce, florida, the sum o~f s~9,,~~~ _ with inrrres? from date at fhN rate of _3~aL~ per annum, in morohly instal6 mertts as fo!!ows: S ~ ~ on 1hr __Z.$~ay of _~~~1 19?Q__ and a fike sum on the correspond~ng day of eath month therr ~ after until the who~e be fully Faid. ~ Each installment first shall be app!~rd in paymeM of the ln+arest and then on the unpald baian,c of the prinupal sum. If defauh is made in fhe payment of any instaltment when due, and such default cunt~»~es 30 d~ys, fhen at the opt;on of the ho',der, and m•ithout any other rwt~ce, a~l the remain~ng ~ instalimeots snall be due and payable at once. Priv~iege is give~ to prep y ~ e 7n whole or in part at a~y tl~ne without penaity. Neishef~ebearante, r nor acceptante by ~he hotder thereof after a~y default i~ any paymen~a hereon, shall be deer.~ed exte~~sion. A late payment charge of S 5~5 , shall bs ~ added to each instaliment rcmaining unpa~d 7 days aher its due date, and a?,ke s~m sha'{ be added to each wch ~nstallmeM remaining unpaid 7 days after each succeeding payment date. ti . Each maker, sutety and endorser hereaf, joinHy ar.d sev~rally, warves demer,d, presentmenr prot~st and notice of protest for no~payment, and furtleer ~ agrees to any extension of tfine of payment, eirher be:orN or after maturiry, w~rhout nor'ce to ar.~ of us; and ta pay a!! cosfa of col!ection, including a ~ reasonable attomey's fee in the event oF any ~efault i~ereondar, ar.d hereby seve.a!!y wa:~es alt be:~ef~t of homes?ead and examption under the eonstitulion ~ and laws of each State of the Un;ted States, as afla~nst this obGgation w any exrrns~cn or renzv,ral hereof. ~ Witness the ha~d and seal of each parry. (SEA~ • s Charles W. T~et.sel cs~?u T y~ ~ 3•~~ ~ State Revenue a D°~~ L. iihetasl ~~u 1 (Staqps~lafen~:g:wai~wM.~~ v NOW, 7HEREfORE, the MORTGAGOR fw the purpoie of secur~ng payment of sa~d :um of 5~~~~~~ and the performance of ths covenants and agr~menh hereinafter expressed, and fw d+vers good and valuable cons~derations, by these presents, doe~ grant, bargain, sell, remise, retease, convey and tonfirm vnto the MORTGAGEE, its succeasors and assi~ns, a11 that certain lot, piece w peuel of land, situate, lying, and being in fhe CouMy of •~~ie and State of Flo~ida, described es follows: I~ot 26, 81ock t9, RIYSR PAR~ si~DIYI3I0N, IInit 2, ari per plat tLsrsof on file in Plat Boo1c 10, Pa~ge ?2, Pnb2ie Aecords ot 3t. Lucis Cotmty, Flori,da, ~F ~ _ .~o ~ - . ~ ~f ~ ~ ~ (~c~ ' ~Ah~~ ~c~~ "'~8'pogq~.~ - , ey ~ ~0~"h T~. N~ ~HOw _ , . ~ - ~ ; : : ~Hec ;j ~ C ~ l ~ u' 'r pOCUD":E{`:T~'-.. _ - ' - ~ Z - ,~w~~~o%J".:;~i ' 3 5 p_ Q ~ ~i_»~ ~ a - ,•~t " ~ ~fP(/~, U y OLlERr` s~__Jr~.t-----'"` ~ ~~X N p.a.~90138 r..- Qt_.,.---~ together with all and singular the tenements, hereditaments and appurtances thrteunto betongirg q in anywise sppert~ining the~ero, and ~1! rents, i:wes, proteeds and profeb acc~~ing and to acuue from said premises, ail of which are i~cluded i~ the above and foregoing descriptwn ~nd hs6endum. TO HAVE AN TO HOID the above descr76ed and granted prem;ses unto the said MORTGAGEE, its successas and suigns fwever. And tlw said MORTGAGOR fa ~e~ heirs, executors, administrators and assi9ns, hereby covena~ts with the said MORTGAGEE, i» successors ~~d astiQro, that t~~----a~ - lawfully se~zed of the said premises in fee simple; that the same are free, clear and discharged from all liens ud encunr brances in Isw a in equity, and that t~, _ wiH and t~~ heirs shall w~rtant snd defend the title to ths s~ tp th~ seid MORiGAGEE, its successors and assigns, forever again~t the iawfv! claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shaU pay unto the MOitTGAGEE the promisswy note hereinbetore described and shsll lruly, promptly snd fully perform, d~sciwrge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditia?s and coveMnts of iaid promiuwy rate ar?d of this Mortgage, then this Matgage and the fsrare hereby created shall cease and be nul! and void. iT i5 UNDERSTOOD that the word "Mortgagor" whether in tbe singular or plural anywhere in this Mwtgage, sMll be singular if one only and shal{ be plural joi~tly and severally if more than one, and tha~ the wad "the~r" as used anywfxre in this Mortgsge shall be isken to mean "ha;' "hen;' or "iri;' wherever rM ~~text so implie: or admits. Afso, rhat wherever there is s reference in the covenants end sgreements herein containet! to ury of fhe pirties hereto, the same shall be construed to mesn as well as the heirs, legal representatives, successon and auigru (eithe~ voluMUy by ~ct of th~ parties or involuntary by opera~ion of the Iaw) of the same and that the covenants herein contained shall bind and the bene.fits aod sdvantsyq inw~ to the resptctive hein, kgal representatives, successors and ass'gns of the parties herefo. Md said Mo?tgagors, for tF~emsefves and their heirs, legal representatives, successors and auigns, hereby jointly a~d severally tovenant and ~yree to and with the said MORTGAGEE, its ~uccessors and assigns: 1. To psy all snd singular the 'p?incipal and interest and the various and sundry ?ums of money payable by virtue of said promissory note, ~nd thq mortyape, each and every, promptly on the days respectively the same xverally become due. 2. To pap all and sirgulsr the fsxes, assessmemi, levies, liabili~ies, obl7g~tiorn and encumbrances of every nature snd kind now on s~id deaaibed property, or tFut hereafter may be imposed, suffered, plxed, levied, or assessed thereon, a that heresfte~ may be lev~ed w asseued upon this Maty. +ge, or tht indebted~eu secured hereby, each arrd every, when due and psyable, xcading to law, befae they become delinqutM, and befo?e My IMNpt attathes ot a~ry pe~alty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF RKORO AND THE ORIGI(YAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TA% REtE1PT OR THE SATISFACTfON ?APER OFfICfAIIY fNDORSFD OR CfR]IFIED) SHAII BF PIACED IN THE NANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; snd in the event tMt any thereof is nol paid, iat'~fied a~d dixharged sa:d MORTGAG:E may at any nme pay the same or any psrt thereof without wsivirg ot affecting a~y option, lien, eq~ity pr ?pht under a by virtue of this mortgage and the ~u11 amount of each arrd every suth payment ahall be immediately due and psyabk and shsll be~r interesf trom tF?e date ihereof vntil paid at rate of nine per tentum per ann~m and together w~th suth,irytere be scc„r~~~ ~Ee•• oi ~1•~~ ,n,xQ~~. l~ 1( BQOK FACE ( ~ ~ ~ .~.~-v , _ ~ l _ y . _ £ ~ .