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HomeMy WebLinkAbout2623 3 1939~9 THIS INOENTURE, lYl~d~ tM~LY!! _ day c~ ` ' T A.D. 19~ b~tw~a? Pollard 8. Stuart; Jr ~nd tlr.~,S ~i ~ yit'a f t pf Sti• Zt1C~A ~o~n~y F~orida, he~einafttr dei'n~neted as the "MORiGAGOR;' rnd FIRST FEDERAL SAVIN~sS AND LOAN ~ ASSOCIATION OF fORT PIERCE, • tor a~ion o~ ani:ed and ex~srin unda~ the laws of the Unrtad Statos of Arrurica and Mvi ~ Pa fl 9 ng in printip~l plat. of buain~~ (o tM City oi fort Pierc~, St. L~cie Cou~ry, florida, he~einaiee. de~ignarrd as ~he p"M~O+~RIGAGEE:' ~ WHERfAS fh~ MORTGAGOR is jwNy indebte,~ to ths MORTGAGEE in the aum of S~a-~.~ good and lawiul money of the United Slates advanced by ths MORTGAGEE uo~o the MORTGAGOR, as eri~n:rd by s crrta:n pron~~sswy note of even date F~rewith, of wh+ch the followirg in ~ Qs~~.~tf is a tru~ copy. to-wif: ~ 1 L,~ 0 p Fort P~erce, florida, +-+~yi 291 19,_...[.S[ For val~e received, 1, we o~ either of us, pro~m~s~e to pay, w~~hau~ defalcaiion, to ~he order of FIRST FEDERAt SAYINGS ANp IOAN ASSOCIATION OF FORT PIERCE al Fat Pierce, Flwida, the sum of~ ~S~vs7~!~ with iNerest frcm date at the rate of 8~% pe~ annum, in moNhty install- ments u follows: f~~ on the j 7 V11 d~y of ~__~Ll~ 19-TQ-_ a~d a like sum on tha c«respaxlinp day of each month thert- aher unfil 1he whole be fu(Iy paid. Each instatlment fint shall be applied in payment oi the interesf and then on the unNaid balance of the p~inc~pal sum. If default it made in the paymer~t of a~y inata~lrne~t when due, and sw_h default co~~tin~es 30 days, then at the o~tion of the holder, a~d wi~hout any othcr rat~ce, all tl?e ramai~ing inslallm~nb shatl be due a~d payable at once. P~ivilege is given to p~epay this noie in whole or in part at arty t~me withoul penalty. Neifher forebearance, ~ i nw stceptance by fhe holder therco~ aiter any default in any payrnents hereon, shsll Ix deemed exrension_ A late payment tharge oi shall bs added to tach installment remaining unpaid 7 days after its due date, and a I~ke sum shall be addrd to each such i~stallment remaining unpaid 7 days aftN ~ each succ~cding paymem date_ , Eath maker, surety and endorser hereof, jointly and severally, warves demand, prese~trnent protest and notice of prolest fo~ nonpayment, and furtF~er i agnes fo any extension of time of payment, either brfore o~ after ma~urity, without nofice to any of us; and to pay atl costs of collection, intludiny a reasonabk attwney i fee in the event of any default he~eunder, and hrreby severalty wa~ves alI brnefit of Iw~mestead and exemption under the constitvtion and lawt of exh State of Ihe United States, as aga;nst Ihis obligation w any eatension w'renewal hetecf. ~ Witness the hand and sest of each party. 13~ PO 182'fl B. St ~a i~". (SEAI~ (5~?U ~ ~ : •s I~Iildrsd Stuert ~ ~ ~ 2•75 ) Stat~ Revenus . (St~*Pr~oMCdl~i ~w ~o'i~iw~ wM~ NOW, THEREFORE, the MORiGAGOR tor the purpose of securing p~ymtn~ of said sum of t~.~K~-~ , snd the rforn,aooe of th~ P~ coven.nn sod ay.ecme~n he.e~~trcr exp.essed, and for dive~s good and viluabk COQ31dKDTiW11, by these preser.ts, does grant, b~rqain, aell, remise, rekase, conwy and confirm unto'ihe MORTGAGEE, ib s~cceasors and a»igns, all that certain lot, piece or parcel of laod, situate, lyir?9, and beiny in th~ ~u~ty of - St. Lu~ie ~nd State of Florida, described as fo~~ows: ; Lot 32, Block TtTCRSR TSRRACB SOB~IVISION, as per plat thereof on file in Plat Book 1~, page 54, of the Public Records of St. I,ucie ; CountYs F1o1'ida, ? RECftVED ~ 1N 1'AYR1E11T Oi 1'1~ Gu'E G`: Cl.~lSS 'C lNiItNGIQi.E PERSCNA! P:t4PER1Y. ~ ~ Q 1 L' rF r L U~-~ ~ t~ ` ~~SlfANT TQ C.`~.i1PT-R 20724. ACiS Of 19ii. ROGc.R POITFJIS, Clerk ~ircuit Court c'~ ~ DQCU~QENTAo ~STNb;p T::~ ~ z = '~'.~r~~` as Agent bt DAf~tfl N. KNOWIES, 1R ~ = JUNi- 70 " ~ - ~ ~ - - f' U = ~ ~ 2 7 5-- St lucie Couniy Tax Cofkctot N C`o14P7A0LLER - ~.194138 r By ~ DEPUIY G,ERI( 1 wytther with t!! ~nd tirgvlsr ttk tenemenfs, herediamenb and appurtances thereuMO bela~ging w in a~ywise ~pperfai~inp ther~to, and all raHS. Issws„ procsadt and p~ofib accruug snd to acuue from isid premius. all of which ue irxluded in the above and faeyoirg dsscription ~nd habendwn. TO HAVE AMD TO HOID the above desvibed and g?anted premises unro ths said MpRTGAGEE, its succetsws and ~ssipns forevp. And th~ ssid MORTGAGOR for - t'h@~ htirs, executo?s, sdministrators and assi9ru, hereby coven~nts with the said lNORTGACsEE, ib wcussws and assipra, t' th~t t~-Y ~e lawfulty sei:ed of tlw wid premises in fee simple: that the same +m frte, tlear and d'aci~srped from all li~r?t and ~ncuto- t bances in law a in eqvity. ~nd tbat ~ep wifl and their {~e~ sb~ll wsrr~M u~d defend th~ tifl~ to th! s~en~ }p }ht s~MJ ~ MORTGAGEE, iri succeswn and auipns, forever ayainst the lawful claims and demands of all persons; ; PROVIDED, AtWAYS tMt if the MORTGAGOR shall pay unto tfie MORTGAGfE the promiiwry note hereinbefore deicribed ~nd sh~11 truly, prornplly ~ and fulh perform, disth+rys, exeMe, tompl~te, comply with ~nd abide by each and evcry the ~tipul+tipa, sQresmer»s, co~ditipn and apnen~nq of s~id ~ promiuay nott and of this Mortp~ge, then this Matgsge snd the htate hereby ueated shall cease and be nu11 ~nd v~oid, i IT IS UNDERSTOO~ that tlw word •.Allortyagor.• wF+ether in the s~npulu or plwal s~ywhere i~ this M~ortpape, shall b~ singular if o~r onty and t thdl b~ plw~l iointly u+d wverally if mwe thsn ons, and that the wwd "their" as used ~nywhere in tha Mortg~ shatl be talce+~ to r?Kan "hb,"'7krs," ; a"ib," whaw~r th~ cont~xt so implies w ~dm~ts. Also, that wherever there is a reference in IFN covenaMS aed a~preameny I~ein eonta&wd ~p any of tM p~rties Fwew, ttw a~ne ahall b~ construed to mean as well as the hews, kQal representstives. succes:on s~+d ~s~grq (titFier volwn~ry b,y act o~ ~ pntia or tnvduntuy by op~ration of the !aw) of the same a~d that the covensnts herein containad sh~ll bind and ths bN~efih and advantay~s inur~ b th~ ntpediw F~ein, ky~l represenfatives, wuetwrs and au?yns of tM parHes hereto. Md said Mwtypas, for themselves ~nd tfie'a hein, leyal rep.e~enatives, wccessors and assiyra, her~b~r jointly ud sewral~y oown~nt snd prN ~ a and wirh th. s~id N~ORTGAGEE, in successon aod •ssigru: i. To pay sll aod sinyul~r tF~e principal and interest and fhe var;ous ~nd sundry wms of money paYabk by virtw of said promiswry nW~, and tltla morq+p~, tath and swry, prornptty on the days respectiv~ly tht sam~ sev~rally hecome dw. 4. To pay ~11 a+d sinyurlar the axes, assesunenq, lev;es, liabili~ies, obliyatio~s and erxumbr~nces of ~very natur~ and kind now p~ said de~crl6~d P?opKtY, a tMt Mreaft~r maY be irePa~d, wHered, p~~ced, kvied, or ~ues~ed tlxiwn, a that 1+ereaha may b~ Iw;ed a iusa~sd upon tNs Morq~ ap~, a the tnd~btsdne~s sea,r~d haeby. ~ach and erery, whee~ dw ~nd pay~bk, aawdinp to law, betw~ th~y becan~ d~~4+9u~M, and b~fw~ •ttathas p~~ryr pen~hy is incwred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SIIME SHALL 8E PRON{PitY SATtSf1ED AND DISC GEp Qf RECORD AMp THE ORlGINAL OFPICIAL DOCUAAENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OfFIC1AtlY ENDORSED OR CERTIfIEC) SHALL 6E PIACE~ IN THE MANDS Of SAIO JNORTGAGEE WITNIN TEN DAYS NEXT AFtER PAYMEN7; a~d in the went thaf uey Ma~of it not paid, sat:sfi~d and dixharpeJ sa:d MORTGAGfE m~y at any ~ime pay tha same or any piA the~eof witbart w~iviny or ~ffectinp amr optip~. Ikn, ~quiy a ~ ~ipht unde~ or by virtw of this mortyage and the full amount of each and every iucfi paymenf ~all b~ immedi~tely dv~ ard p~y~~ ~n~ y~~~ ~{~q~qt hom tM date tMrwf uMil p~id st rate of nine per centum per annurte ~nd to9e~her wfth such imereit shail b~ ucurd by the li~n of th:s morptpe. ~ 8~~ ~84 ~262fl ~ _ _ _ . _ _ ~