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HomeMy WebLinkAbout1294 ~ 188`7~'3 ~ THIS INOENiURE. Made t day of JL ~s~ A.D. 19~Q. betvre~n ~ .1111~1 p. ~ a8 ~ ~ j of St.. IiI~~A ~ County Florida, he~einafter des~qnared as the "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND IOAN ^.~SOCIATlON Of fORT PlERCE, • corpexat~on organ~zed and existirq undrr the laws of the Un~ted S~atq of Amcrica and Mving itt principal placs of busineu 1~ tM City of Fort Pierca, St. lucie County. Horida, he.einafter drs~gnated as t1» "MORTGAGEE:' WHEREAS the MOR~GAGOR is justiy indebted to the MORTGAGEE in the sum of S 7~2~~~Q ~ good and iawful money of the United S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidanc_d by a cena~n prom~ssory no~e of even date herewith, of whrch the followiny in words and figwes is a irus copy, lo-wit: z T,200.00 16.15^9___ Fort Pierce, flo~ida, Tsm ZZ 19_~_ For value received, I, we w eilher of us, prom~se to pay, without dafa!cat~on, to +he order of FIR~T FED"cRAI SAVINGS AND IOAN ASSOC~ATION OF fC~RT PIERCE at Fcrt Pierce, Florida, the sum ot s-~;ZSlv~slfL____ wdh intcrest frum date at fhe rate of uT~ o pe~ annum, in monthly iastall- n,ents as follows: on thl~~- day of -~~h 19._ ZQ- and a like wm on the corresponding day of each month therr airer until the whole be fufly paid. Each instaHment first shall be applied in payment of thz interrst a;~d t~~en cn the unpa~d baiance of the pr~nc pal sum. (f default is made in fhe ~ _ _ on d.... .1.e., ~.6~ fi.~ {,.,Idn. a„rl wifhnuf anv ~Iher notice. all tF12 rerMUliOp ' ::-r~ .__'i-a:C. _Dr...n • _ . ' F._~...~... ' i~utallme~fs ahall be dVe ~d DaY.db~e at. once. Priv~iege is given to p~epay this note in whote or in part at any time without penalty. Ne~ther iwebearante, nor acceptantE !Sy'the iwlde? thereof aft>r any defavlt in any peymen~s hcveoo, shall be deerr~ed exiens~on A fate paym.ent sharge of :~,.sha~) bs added ro eacFi initallment remaining unpa~d 7 days after its due d3te, and a I~ke sum sha!I Ge addrd to each such ins~ailmeN remai~ing unpaid 7 days aftQr each succeedirg payment date_ _ Each maker, surety and endorser hereof, jo~ntly and saverally, wa~ves demand, prese~tment protest and notice of prolest for nonpaym~nf, and fu~thet agrees to any extensio~ of time of paymeN, eirher b~fere or aifer ~nalunty, without notice to anr of ua; and to {~ay all costs of coilection, including e t reasonable attorney"s fee in the evant of any drSault hereunder, and he:aby se+e~alty wa~ves aIi .~-,enefit ofhomeatead ond ezemption under the tonslitution ,nd laws of each State of the United States, as aga~nst fhis ob:igateon or any eatens~on or renewal hereof. - Witness the hand and seal of each party. 1h1 a P• ~2CiB8~li--, ~ ~ai (SEAu (SEnU ~s~?u ~ l~~w t State Revenue ~U NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum o1 S T~2~~~ and the perfom~ance of the covenants and a9reemonts hereinafter expressed, and for divers good and valuab!e co~s~derat~ons, by these presents, dces grant, bar9ai~, selt, remise, reieau, tonvey ana' cwunm vniu ii~t irivFivr.v:~, ..a svC:c>S'v:i a:.: G:I:y.-.c. that certai.^. p's^__ or pa•c•1 of !3-^•d, sitvate, lying, and bein~ in the County oI 'St• I~~ and State of Ftorida, described as follows: The 8ast 11~4.76 ~ ai t.he xorth 75' of tbe saat~h 41~5 teet of t.he iilest hal! oi t.he 8ast halt oY the Si~ ot the 1~ ot 3eation 21, ?waahip 35 3outh, RanBe Ito Sast, St. I~ci+e Cotuit~, Florida, AI30 DffiC~H$D ae bs3a6 tha 3out~? 75 foot traat of the tro ?5 foo~ t~+a~cts sarloed not inclu~ded in t~e recos~ed P].e?t of Corao Cwrta 3ubdiviaicn in Plat Bodc 12, at , Pags 23s oi the pnblic recoards of St. Luaie tlo~mL7s ~ Flo~i,ds?, i ' - 0 f RECfR'ED S 1q Ifl PA~!!lFYT Of T!U(ES i ~ ` - C~E Ok CLASS 'C' IHTA.~t~'ELE ?E~";"Ti1L P?'.',iERTY, ~ ~ W :J 1~', ( C~'~~ L ~J ~ 1 i u I~ Pl: :S:";;t 10 Cti1P~ '4 i':, 1^, ~ 0: 19;1. € L'_OCUMEpJTA^_ __S J~::~'P. i.~,i( F.i~G-R F01~ ~J~S, C:e~+c ~;s~ e~t Ccu:t z ~ ~ = JAN23'70 :c = as Agent tor CEii~lEL f~. l;t::,iY~.S, J ~ ~ - 1 0 8 0= 5 ~ ~ co~a~,~ ' Y~ _ St Lucie Cour.ty Tax Coflcctar P.B. ~sc~3s _,__:~ca,~' ~ OEPUTY CLE~K ~ ~ ~ a } ~ together with a~l and singulsr the tenements, hereditame~ts and appurtances thcreunto belonging a in anywise appertai~ing thereto, and all renri, issves, ~ proceeds and profifs acauing and to accrue from said premises, all of which are included in the above and foregoing destription snd 1~abendum. 3 TO HAVE AND TO HOID the sbove desvibed and granted p?em~ses unto the said MORTGAGEE, its successors and suigra fwever. And tM s~id ~ $ MORTGAGOR fa heirs, executors, administra:ors and assigns, hereby covenants with the ssid MORTGAGEE, its successon snd assigm, ~ rhat -~-i.a-- - lawfully uized of the said premises in fee simple; that tFx same are free, clear and discfiaryed from alt liens u~d eneum- ~ br~nces in law or +n equity, and thar witl and _ heirs shall warrant and defend the title to the ~am~ to tht ssid ~ MORTGAGEE, its sutteuors and assigns, forever against the lawful claims and dema~ds of all persons; PROVIDED, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefwe described and sh+ll truly, promptiy - and fully perform, diicharge, execute, compfete, tomply witF~ and abide by each and every the stipulations, agreements, tonditions and cove~ants of s+id promissory rate and of this Nlwtgage, then this Mortgage and the Estate hereby created thall ceese and be null and void. d ~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngulsr w plural anywherc in this Mortgage, shall be sinyulu if one only and z shall be pl~ral jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgage shsll be taken to rt?ean "his;' "hers," + - - - • - • • a3:~r.g :ss lx:s:n xsseses~ ta s:~ oi ;x w°ifs;' wherever the tontexr so ~mpues w aamits. iaiw, inai wnerevee inere ~i e.eia.e.-Re ~n it~e ~i~e~a.-~ ~ M the puties hereto, the same shall be construed to mean as well si the heirs, legat ~spresentatives, s~ccessws and assigra (either voluntary by ~ct of tM ± ~ parties or involuMary by operatio~ of the law) of ~he same and that the covenants herein contained shall bind snd ihe benefiri and advantayes inwt " to ti~e respective hein, legal representatives, wcceuors and asrgns of the parties hereto. 3 ~ And ssid Mo?tgagws, for themselva and their heirs, legal rcpresentatives, successon and assigns, hereby jointly snd ieverally tovenant ~nd agr~e to and with the said MORTGAGEE, its successors snd auigns: " 1. To pay sll and singular tlx p~incipal ar.d intereat and the var~ous and sundry sums of money p~yable by virtue of said promissory note, ~~d this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay ~I) snd singular the tsxes, assessments, levies, liabilities, obligations and eruumbrances of evcry nature snd kind now on said describd t property, a that hereafrer rrNy be imposed, ivffered, plxed, levied, w suessed thereon, w thst hereafte~ may be levied or auessed upon this Morip- ~ 3= age, or the indebtedness secured hereby, exfi and every, when due ~nd payable, sccwding to law, befwe they bccome delinquent, ~nd befw~ any inttr~st ~ arraches w a~y penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD iHE SAME SHALL BE PROMPTLY SAT~SF~ED AND DISCMARGEO OF ~ RECORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH A:., FOR INSTANCE, THE TAX RECEtPT OR THE SAT15FACTION PAPER OfFIC1AtLY ENDORSED - OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NfXT AFTER PAYMENT; and in the event that ~ny thereof is not _ paid, sat:ified and discharged sa:d MORTGAGEE may at any time pay the same or +ny part thereof withoul waiving u sffectiny sny opfion, (ien, eq~ify M •~qht under w by virtue of this mortgage and the full amount of each and every svch payment shall be immediately due and paysble and shall besr inte~est ! kom the dite thereof until paid a? rate of nine per centum per annum and togethe~ w~th svch interest shall be secured by the lien of 1h:s motytye. ~ T BOOK P!1CE ~ ~ . - 4~ _ r.,.__. _ - - ~ _ _.f_n_~:_t