HomeMy WebLinkAbout1410 ~ ~ 188808
THIS INDENTURE. Mad~ the 22nd d+y of J~?nuasY. ~ iv ~twe«? ,
Jaaes D. Revelle, a~~ingle adult~
of $t. ~.11C1@ - Cp~nry Fb~ids, hereinafte~ desF~nated as tt~e "MORTGAGOR," and itRST FEDERAL SAVINGS AND IOAN
ASSOCIAiION OF FORT PIERGE, ~ mrporat~on organi:ed and ex~sting under the laws of tF+e United S~atos of America and having i1s principal pl+ce of
busintu ie~ tM City af Fwt Pierce, St. lucie County, florida, herainaitQr des~gr.a~ed as t1ro "MiR6TGAOG~' ~
WHEREAS the MORTGAGOR is justly indebted to ~he MORTGAGEE in the sum of S__ ~ • good ard lawiul money of 1Fie UnAed ,
States ~dvanced by the MORTGAGEE unro the MORiGAGOR, as ev;danced by a cer~a~n pronnssory note ol even date herowith, of which the followinp in i
words and figures is a true copy, to-wit:
= 16 , 000 . 00 N, 16,~61 _
fort P~erce, f!aride, January 22 19 7~
Fd value received, I, wr w either of us, prom~se to Fay, without defatcat~on, to the ordrr of FIRS~ FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
fORT PIERCE at Fort Pierce, Florida, the sum of s 16 - w;th ~Nerest from date at ihe rate of 8• 5_°o pe~ anr,um, in monthly instalb
ments as follows: S 149 on the lSth day of -~YCh ~970 and a like wm on the correspondmg day of each monih there- l
after unlil the whole be iully pa~d. #
Eath instal~~nant first shall be app!~rd in payment of ti~e inrerrst and if~en cn t~~e ~np~~~d balance of the pr~nc:pal sum_ If default is made in the ~
payment of any installment when dur, and wch detau4 cont~r~urs 30 doys, than a~ the opt~or~ c( tlie ho:dcr, and without any other notice, all the remaining
installments sh~ll be due and payable at onte. Privilegr is g~fen to propay ihis note ~n whole or in part at any ~:~~e withcut penalty. Neither forebearance,
nor atteptanc~ by the holder thereof afrer any default ~n any payma~ts hereon, sEiall be deerned ex~ans~on. A ia~e payment charge of S 7•~. +ha~~ be
added to eath installmrnt remaining unpa~d 7 dayz after its due d~~e, and a~~..e sur, ~ha!1 b~ added to each such instaiiment remaining unpaid 7 days aftes
each sucteedirg paYme~t date.
Each maker, surety ar.d endorser hereuf, joinrly ;nd seL_ra"y, v.a:v.~s de•-~ ~~~d, F«•s=nr::~r~~~ protcst and noiice of protest for nonpayment, and fu?ther
agreeS to any extension of Lme of payment, e~tner b~Ecre o~ ahzr :>»tur~ty, vr~:iiou~ r.~':t? to an j of us; and lo {:ay al! cosis of colletlion, intlut~ing a
reasonjble atto~ney's fee in thr event of any ~~`av't hereu~:d_r, and hcrcbr s~:e-•.,',;y h.:~.~•s ail benef~t of homes!~+d and exemption under the eonstitWion
and laws of each State of the United States, as aga~nst thiz eb,~3a~iun or any exte~~s.on or r?nrti•.al nc~eof.
Witness the hand and seal oi each party.
/s/ James D. Revelle, a single~~ult
(s~r?U
(SEIW
t 24 1 State Revenue
NOW, THEREfORE, the MORTGAGOR for the purpose of securin~ aayment of sa~d sum of S 16 ~ and tFu petformance of ths
eovenants and agreements hereinafter expressed, and fw d~vers~cc~ sfd +i~uab~ cons~derations, 6y these presents, dces grant, ba~gairt, se~l, remise,
release, tonvey arxl confirm ur.!o the MORiGAGEE, its suteesson .~~.d.~r+.~?-y+-~~at cer~ain bt, piece w partel of land, situate, lying, and being in the
County of $t. ~.11C1e - and St te of'Florida, described as fotlows: ~
~ ~ ~
i
Lot 17, Block 1, SILVER LAKE PARK SUBDIVISION, as per plat
thereof on file in Plat Book 10, page 4, Public Records
of St. Lucie County, Florida., ~
S 1 Ia 1 C-`' t- L`J :-2 i i~ A
~ Z DOCUMENTA.p`_
T~:it~t•1~~ -f~.`,( r ~ ' .mr,° -
> - ; RE..EIYED AYA1EfIT T
- S-~-- IN P
dAM2 , _ OF Alf~
O ''~y~•-- - - Q,:E CN CL4SS 'C' IPITAti:.tB1.F PE:'.S~.f~lAl PROPERTY
V ~,v.'~=~'~ 2 4 O O= P~~'~-AtiT TO CHR.~T=R ~~124, ACiS OF 1941. ~
N ~nt°~~~a ` - f.GG~R POITRAS
P.B.»oias = , C?erk Grcuit Court
~ as A;ent fot CANIEL N. KNOWIES, JR
St Lucie Courty T Ilector
By
DEPUfY C~RIc
together with sll and singular the tenements, herediqmeMS and appurtances thereunto belonging or in anywise apperta~niny lhertto, and all renri, issvea,
proceeds and profits accruing and to acc?ue from said premises, all oE wh~ch are ~nc~uded in the above and foregang descriptan and hsbendom.
TO HAVE AND TO HOID the above desaibed and granted premises unto the said MORTGAGEE, its s~ctessors snd suigns forever. And ths said
MORTGAGOR fw - h15 ~~?s, executors, administrators snd assigns, hereby covenantt with the said MORTGAGfE, ib successws snd assip%
rh.r he 15___ ~aWfully se~zed of the said prem~ses in fee simole; that the wme sre free, ckar and dixha~ged from all liens and tr?cum~
brances in law or in equity, and that h~- wili and _h1S - heirs sF~all warrant and defend the title to Ihe sams fo ths s~id
MORTGAGEE, its successors and auigns, fwever against the lawful claims and demands of all persons; '
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto ~he MORTGAGEE the promissory note hereenbefwe described snd ahall truly, ptomptly
and fully perform, dixharge, execute, complete, comp~y with and ab~de by each and every the stipulalions, eyreamenri, condiYwns ~nd toven~nri of said
promistory note and of this Mortgage, then this Ntortgage and the Estate hereby created shall cease and be null and wid.
IT IS UNDERSTOOD that the word "Mortgagor" whether i~ the :+ngular ot ptural anywhere in this Mwtgsge, shall be sinyui~r if ons only ~nd
sha11 be plural joi~tly and severa:ly if more than one, and that the word "their" as used anywhere in this Mortgsge th~ll be tsken to mesn "hw;' "hen,"
w"its;' whereve? the context w implies or admits. Alw, thal wherever there is a referente in the covenann and agreemenb hetein contsintd to ~mr of
tht parties hereto, the same shalt be construed to mesn as well as the heirs, legal representatives, successort and assgro (either voluntary by ~cf of fht
parties w involuntary by operation of the law) of the same and that the covenants herein contained shall bind snd the benefiti and ~dwntay~s imMt
to the respective heirs, kgal representatives, successors and ass~gns of the parties hereto.
Arxl said Mortgsgors, ior themselves and Iheir heirs, legal representatives, wccessors •nd as~igns, hereby jointly and ssverally covenant ~nd apree t
ro and with tlx said MORiGAGEE, its successors and assigns: f
1. To pay all and singulsr the principal and iMerest and the various and sundry sums of money payabte by virtue of said p?omiuory note, snd fhis ~
mortgage, each snd every, promptly o~ the days respetlively the same severally become due. ~
2. To psy all +nd singuls~ the taxes, asse~sments, levies, liab':lities, obligations and encumbrances of every nature snd kind now on said dewibsd
property, d that heresfter may be imposed, wffered, placed, levied, w asessed thereon, w that hereafter may be levied o~ atsessed upon tNs Morq~
pe, or the indebtedneu secured hereby, each and every, when due snd paysble, sccwding to Ia•rv, before tFxy become delir?quent, and befote ae~y N+taat
attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPTLY SATISf1E0 AND DISCHARGED Of
RECORD ANO THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSiANGE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSf~
OR CERTIf1ED) SHAII BE PIACED IN iHE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tFx evenl that any thenof is ~ot
paid, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, IiM, equity or
•pht under or by virtue of this mortgage and the full amount of each and every such payment shdl be immedialely due and payable and shall bear interat
Erom the date thereof until paid at rate o( nine per centum per annum and together w~th such interest shall be secured by the lien of fh:s moryts~e.
~ gaoX 1~2 ~a~E 1408 r~
,
_
.
_ ~
~
„ : . : . .~~.:n:
. fi,_ .