HomeMy WebLinkAbout2239 ' - 15~~~1~
THIS INDENTURE. Made t~e 7~ day of ~_P~LllBig A.b. 19?~~ , brf~een
David B ass and T '
- • ~Hl _ • ayCe S. .~33Q18s~..
hi~
~ vife ,
o~ St? aAi{:ie Counfy ilw~da, herrlnaf!er d.rs~9nated as the "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND LOAN '
ASSOCIATION Of fORT PIERCE, a co~poraron organized and er~s~~.~y under the law: of rhe Un~ted Srat~s of Amer~ca and having its principal place of
~ businets in the City of Fort Pierte, St. lucie Co~nty, Fiorida, heriinoftar designated as the °h10R7GAGfE." j
WHEREAS Ihe 610RTGAGOR ~s usN indebted to ihe MORIGAGEE in the sum of 3_ ~
3~7~~~ ~
~ t y good and lawful money of the Un~ted i
States advanced by the MORiGAGEE unto the htORTGAGOR. es c•~,~i~•~ ,•,d by a certa~n ~,re,n~s;ory no~~ af G~C~1 CI31C herew~th, of wh~ch the following in ,
` s o~ 3s7~gu~ is a true coPY. to-wit: 1 L,1 ~
~ ~ No- o #
Forf Pierce, Florida, ~b~'A~ 71 19 7~ ~
~ Fw value ~eceived, 1, »~e w either of u5, promise to ay, v.~ri:o,~t defa!wr,o~, ~c ~i~r o~:;er uf F~RSi F[DERA~ SAV:NGS AhD LOAN ASS?CIATION OF ~
13 70~.00 '
` fORT PlERCE at Fo~11~ee`~orida, the s~m Sf~ 1__ _ _ w:rh ,r,rrr~,st tr.~•e~ d~te at the rat~ of ~~2~; per annu:n, in mont{dy instal!-
\ meN3 aS fOl:ows: s ~W - on the _ day xay , 1970 ~nd a 1,Ge zu~n on tt:e cor.cspond~ng day of each momh there-
~ afrer until fhe whote be fully Naid.
~ Each insiaf{ment f~rst shall be a ~'~d !n ~a ;n~~nt of rhe er.re~e;t and
PP•~' ~ r 2~-: .:~.,d b~!a,~ce o! 'he p~~ncpal sum. If default is made in the
, payment of any ~nstailment when d~e, ard s~ch d~iauh cont~r,~es 3J .~.,ys, th~~n at the oF:t~on of the i,;,,d_~•, and .vr,ho~i a~y other notice, all the remaining
; ~nsrallments shall be dur ard pay.ab~e at er.ce. Pnv,:~gr ~s 9++an w prrp~y th~s no!e ~n wEw(e or in Yor~ at an/ ft:n~~• w~rh~u! penalty. Neit e~fQ~ebearance, e
!
r,or acceptance by the heider theieof ~f'er anv defeu;t in a.~y payn;rn•, f;crr•on, shai; i:e d.A~:~rd ext•~:s~cn. A at_ paymeM charge o3 S-_. shall bC t
L".
added to ezch installment ~emain~ng w:pa:d 7 da}s aft~t ~s ,~.ue (~3:0~ ar:d a~~:e s~~ r. >n~:i :~e i t~ c;;t, s::cE: :~istrilmant recnaining unpaid 7 days alter ;
each wcceeding paym.ent date. #
~ Each maker, wrrty .,nd endorser h:re::f, ~o,»riy ,,nd s~~~-., iy r s d u., st s- ! ~ oi prflrest for nOnp3ytncnf, and further l
. `
~ agrees to any exte~s,on of hn:e of pay,nern, citf,~r b~`,:•~ or .,tie~ o~t to ef u_~ ~r~d t., :;a; a'! casts of co!lection, intlud;ng a +
reasonable attorney's fee in ti~e event of any u_~~autT hareund_~r. F~_~_b~ S!~.. .ti.:.~-~~5 L:~~~~•}~! of ~~o^•.~s ~ad dnd ex~~t~ption under 1he cOnStitUti0~1 ~
i\ and laws of each State oi the United Srat~s, ss e~a~nst this oL:~gar,on oa an~ ,.r...;;,o~ cr r_:.~•t•.3! he•aof.
Witness the hand and se.+1 of erch party.
~ s David B. Dauglass ~~Ai~
` cs~Au
, $20.55 s Jay~ce s. Do~uglass
) Sraie Revenue ~
~r3tflJ1ttalR~e!!lttc~r e~ej~rel~~R71e)
NOLM, THEREFORE, the IJIaRTGAGOR for the purpose of sealr~r,g paymeM of safd sum cf S13l7~~~ , and she performance of the ~
covenaMS and agreements hereinafter expressed, and for d~vers yood and va!uab~e cons~drrat~ans, by these presents, does grant, bargain, seil, remise,
release, conve and confhm unto the MORIGAGEE, itz succzsso~s ar.d ass;gns, al~ r1,at crrta~n lot, piece or parcel 04 land, situate, lying, and being i~ the
County of ~t• ~ie , an~ State of Florida, described as follows:
I,ot 1 and the West 21.06 ~ of Lot 2, ffiock 7, MARA9II.I,A TSRRACg ~
SUBDI4ISION, as recoid~ed in Plat Book ~ Page 50, of the Public ~
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Records of St. Lwcie County, Florida, %
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RECEIYFD ~{O
P:1Fy0N CLASS ' ItR/UyGIBLE E~ATM~ ~ 711~{'~
~f' TO CiiqpTcR 20724, P~PERTY
~ ~11' ~4S, ~;erk Circait ~ 1941. '
a' : for C ~t~lEl '
' St Lutie Cour, N. Kt~(?1yLfS, 1R ' ~ ~
S I A i C~~ r~- L t U~ - ~Y Tax Collector
J z DOCUMENTA~~
: S
A;~`~x 8y ~ ~ ~
~ Q _ FEB-670 `~~~;5~~' _ ~ ~ ~
~EPl1TY ~
N U COMPTROLLER ~ O~~~ C~~ ~
P.B. ~so~ae i° ~Ftp
I
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together with att and singutar the tentments, hereditaments and appu~tances thereunto belonging ot in anywise appertaining thereto, and +11 rents, issues, }
pro~eeds and profits accruing and to accrue from sa~d premises, atl of which are included in the above and foregoing desuiptio~ and habendum. ~
TO HAVE AND TO HGID the above described and granted premises unto the said MORTGAGEE, its successon and assigns fwever. And the qid ~
MORTGAGOR fw --~P+~------ heirs, ezecutors, administra!o~s and assigns, hereby covenants wit6 the said MORiGAGEE, its successors and ~ssigro,
rhat 8~--- iawfully uized of the said premises in fee simpfe; that ihe same are iree, clear and diuhsrged from a)1 liens and encum~
brances in Iaw w in equity, and that ~y _ w~ll and heirs shaN war~ant and defend the title to tbe sams to the said
MORiGAGFE, its successors and assigns, fwever against the lavrful daims and demands of all persons;
#
PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the prom~ssory note hereinbefore desvibed and shall truly, promptly >
and fully perfwm, dixharge, execute, compiete, comply wirh and abide by each and every tne sfiputations, sgreements, conditiorts and tovenartb of said #
promissory rwte and of this Morrgage, then thia Mortgage an~ the E:Tate hereby created shall cease and be null and void. ~
1T IS UNDERSTppD that the word "Mwtgagor" whefher in fhe s~ng~far w plural anywhe?e in th~s Mortgage, shall be sinyular if one only and ~
shall be plural jointly and severally if mwe than one, and that the word "t heir" as used anywhere in this Mortgage shall be taken to mean "his; '"Ixn," ~
or "its," wherever the co~text so implies a admits. Also, thaf wherever there is a refere~xe in the covenants and agreements herein confsined to any of ~
the parties hereto, the tsme shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either volu~tary by ad of the ~
parties or imroluntary by aperation of the fawj of ii~e same and that the covertants i~erein contained shaU b)nd and !be benefii~ and adwnisgp inur~ ~
to t}rc respective heirs, legal representatives, tuccessors and asvgns of the parties hereto.
And ssid Mortgagors, for themselves and the~r heirs, legal representatives, successws and assigns. hereby jointly and severally covenant and ~gree i
ro and with the wid MORTGAGEE, its successas and ass~gns:
1. To pay sll and singutar the principai and interest and the variovs and sundry sums of money payable by virtue of said promissory note, a~d thi~
morigsge, each and every, promptly on the days respectively the same xverally become due,
2. To pay ~II and iingvlar the taxes, assessments, levies, ?iabil~t~es, ob~igations and encumbrances of every nature and ki~d now on said described
properfy, or that hereafter may be imposed, suffered, placed, levied, or assessed Ihereon, or that herea(rer may be levied a aasessed upon ihis Mwf¢ ~
age, oi the indebfedneu secured Aereby, each snd every, when due and payable, according to law, before they become delinq~ent, snd before sny iMerest ~
attaclxs or any penalty es incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE $AME SHAtI SE PROMPiIY SATISFIE~ AN~ D(SCHARGED OF
RECORD ANO THE ORIGfhAL OFftCtAl DOCUMENi (SUCH A5, FOR lNSIANCf, THE 7AX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENDORSE~ t
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE Y/ITHIN TEN DAYS N'cXT AFTER VAYMENT; and in the event that any thereof is not ~
paid, sat'sfied and discharged sa'd MORTGAGEE may at any hme pay the same w any part thereof withovt waiv'rng or affecting any option, li~n, eqvity or ~
•iqht v~der w by virtue of this mortgage and the f~ll amount of each and every such payment shall br immediately due and payable and shall besr interest ~
~•om the date thereof until pa~d at rare of nine per centum per annum and together w~th suth interest shall be secured by the lien of tA:s rtwrgts9e.
BOOK ~8~ PACE~eJe~
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