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HomeMy WebLinkAbout2419 ~ a, 1~:~JJ~i ~ ~ THIS INDENTURE. IN~d~ ths 3t;t d+y of J~ ' ' ' A.D. 19.~~.., batwe~n a ather Ma Hea bis of • ~ Coynfy Florida, hcreinafter des:gnated as the "MOQTGAGOR," and itRST FEDfRAt SAVlNGS AND IOAN ASSOCIATlON OF fOR] PIFRCf, a twporar:on organized and ex~sting u~der tM laws of the United S~atas of America and havinp in principai pl~te of business i~ th~ City of Fat Pierca, S1. Lucie County, Florida, he:einafter de~igoated as the ~,j~tQf;j~ACLE~." WHEREAS tM MORTGAGOR is justiy indebted to the MORTGAGEE in tha eum of S~~w~Q~ _ good and lav.ful money of the Un~tcd States advanctd by the MORiGAGEE unto tha MORiGAGOR, as e~~da„c~~d by a tertain promissory note of even date herewith, of wh~th the following in = o~s urq is a trw copY, lo-wit: L f, ~ v Fort Pierce, Florida. J~~~ 3~ ~ 19..._1= Fa value reteived, I, we ot either of us, p~om;se to pay, wiihaut deiatcation, to the order of fIRST FEDERAt SQAVI~NGS AMD IOAN ASSOCIAt10N OF FORT PIERCE at fort pPtierce, Florida, the sum~ o~fy=~~~~_.iY3G___ w~fh interest from date al the rate of V~~_°.o pe? annum, in monthly instalb ments as iottows: s W~~ on the .~Zw+± day of _-~~~1 , 19_._~ar_ and a iike sum on fhe co~respond~ng day of each manth therr after until the whole be fully pa~d. Eath installment lirst shall be appGed in payment of eF~e in~erest and tn~n on the ur.p~~d hatanct o~ the pr~nc:pal sum. If default is made in the paymem of any instaltment when due, and such defdult contir:~cs 30 days, rhen af tha oprion of the ho'der, and without any other noGce, all the remaining irutallmeots shall be due and ~yab:e at once. Privilege is 9iven to prepay this note ~n whole or in pert at any t~me w~thout penalty. Nei~l~her~ ~forebearaete, no? scceptante by the holder thereof afre~ any defautt in any payments hereon, shail be deemed extention. A lale payment charge of S_~~! , shall be addcd to tach instai(ment rertuining unpa~d 7 days after its due date, and a ~~ke s.,m, ihall be addrd to each such insta~;.:.~.~+ remaining unpaid 7 days aftet eath svcteeding payment date. Eath maker, surety and endwser hrreof, jointly and severaity, waives demand, p~esenrmr~~ protrst and not~ce of protest for nonpayment, and further agrees fo sny extens~on of time of payrneN, either betore or after ma~umy, without notlce to ar~; of us; and to pay a!I costs ot collection, intlvd;ng a ~easonabk altorney's fee in the event of any default hereundar. and hereby severally vea~~es ail bene4it of hom_•st~ad and exemption under the tonslitution and lawt of each State of Ihe United States, as aga~~st this obl~gat~on w any extens~on or renewal hereof. Wit~ess the hand and seal o( each party. (SEAU s Bnd Bea ls~?u ~ ' _ 8 ~eatber ~s Bea ~ ~t 3 05 l ) State Revenue p NOW, INERffORE, the MORTGAGOR 1or tFx purpoae of securing payment of said sum of S V~7~~~ , and the perfotmance of the tovenants and agreements hereina(ter expressed, and fw d~~ers qood a~d valuabte cansideratio~s, by these presents, dxs grant, bargain, sell, remise, re(ease, convey :nd%i~ unfo the MORiGAGEE, its successors and assigns, al! rhar certain lot, piece or parcel of land, situate, lying, a~d being in fhs Counly of and State of fbrida, described as totlows: Lo~ 21, ffioak 5s ~i PII~S 3II8DIVISI~i, as per glat t.bereof oa tile 3n Plat Boak 9, Psge 68, Pnblic Aecorrlsa of St. Iucie Co~~y, glorida~ ? . ~y 1`!~ j' ~ oF- ~ p~~F., t~ ~ C~ i-,f 1 U.~ j r- DOCUMENTAp~ STAMP TA ~'E e~~ C~"~s •C~ t";7i PE~ts~h~ :t~PETR~ r~ = = e.'~"a ` Pi.: o"..~;:~ TO ~^::AP;`R 2072;. a s FE810r70 ' 1~ ACfS Of 1941. U ~ ~ a•• ` t..:C ' PGITF,1tS~ CrE.~ ~~CV.I Wi~~ ~ COh~'i~~ ~ 3 ~ 5^ a~ Rger,t fot QANIEL N. lUtOWt~~, P.B. iso~3s ~ St tucie Count~r Tax Collectot ~ u DEPUTY CtER!( together with all snd singular the tenements, hereditaments and appurtsnces thereunto betonging or in anywise apperfaining thareto, ~nd ~11 rents, iuuss, proceeds and pwfits accruirg and to actrue from said premises, all of which are included in Ihe above and foregoing dexriptan and hs6endum. TO HAVE AND TQ ~lp the above 3esuibed and granted prem~ses unto the said MORTGAGEE, its successors and suigns fwever. Md th~ s~id MORTGAGO~~fo~Y w~ heirs, executas, administrators and assigro, hereby covenants with the said MORTGAGEE, iri waessws and astiptq, th~t -T-~-a~ lawfully seized of the said premises in fee simple; that the same are free, ckar snd discharged ~rom all liens ud ancw~r brances in Isw w in equity, and that~ w;ll and t~~ hein shall warrant snd defend the title to the same to th~ said MORTGAGfE, ib wccessars and assigns, forever sgainst the tawfu! claims and demands of al1 pe~sons; PROVIDED, AtWAYS thal if the MORTGAGOR shall pay unto the MORiGAGEE the promissory note hereinbefore described and thall truly, promptly snd fully per4orm, d~scturge, eaecute, comptete, comply wi~h and ab~de by each and every the stipulations, agreements, conditaro and coven~nts of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby aeated shall cease and be nu!! and void. IT IS UNOERSTOOD thal the wwd "Matgagcr" whether in the i7ngula~ a plural anywhere in this Mortgage, shsll be singul~r if one only and ahall bs plural jointly ~nd r_ver~lly if more than one, and tfiat the word "their" as used anywhere in this Mortgsge shall be taken ro mesn "his;' "Men," a"its;' wherever the context so implie~ w admits. Also, that wherevcr there is a reference in the covenanK s~d agreements hereim m~tainsd to u~y of ~ th~ partief hereto, the same shall bs construed to mean as well as the heirs, legal representatires, successors uid a~signs (eithe~ voluntary by ~cf of the parties a i~voluntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefib snd ~dvant inw~ ro the respective heus; kgal representatives, successors and asa'grts of :he partiea hereto. ~ Md said Mwtgaqors, fw themu)ves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and ayree to and with fhe s~id MORTGAGEE, iU successon and sss~gns: 1. To pay all and aingular tF?e principsl and intercst snd the various and sundry sums of money payable by virtve of said promissoty nofe, aod this mortgye, aach and every, promptly on the days respectirely ti~e same severaUy bccorr.e due. ~ Z To pay aN and ~ingulu the taxes, asxssmenb, levies, liabilities, obligatioos and enc~mb~sncet of every nature and kind now on said described property, w tMt hereaftet may be impoted, suffered, platcd, levied, w assessed thereon, w that hereafter may bs ievied w assessed upon this MpnQ. ~ ~pe, or t0+~ indebtedneu ucvred hereby, each and every, when due and payable, xcording to law, before they become delinquent, snd befwe ~mr int~rat +ttstF~es or any pena~ty is incurred; AhD INSOFAR A$ ANY THEREOf IS OF RKORD THE SAME SHAII SE PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGIPIAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfftClAllY fNDORSEp OR CfRTtfIED) SHAlL 8E PLACED IN THf HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /IFTER PAYMENT; and in the event that any thereof is not paid, tat'sfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof without wsiving w affecti~ng any option, litn, eqvity ot •ipht ~mde? a by virt~re of this mortgage and the fuil amount of each and every :uch payment shaU be immediately due and pay~ble and shsll bear interest irom the date thereof uMit paid at rate of nine per centum per snnum and together w~th suth interest shall be secured by the lien of th:s motyta9e. ; : 8oox ~82 ~z4Z5 ' - ~ ~ t ~ : _ _ _ ~ _ _