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HomeMy WebLinkAbout0534 , 19~609 ' THIS IN~ENiURE, Mad~ tM lltb day o~ + A.O. 14~~, betwNn ' Gosdoa~. Johnsaa an~, Rut!} N. J~,~ hi~ ~i~~ # of St • l.ilC • ~ ~~ry F~~~. ~Qinai~er des'v~nared as tFM "MORTGAGOR." and FIRSi FEOERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT PIERCE. • oorpa~tion orqs~ized and ex~si~~~y unde~ the IaKy of the Un~ted Sutos of M~eriu N+d havinp its principal plaa of lw~u tn 1M Ciry at fo~f PiKC~, St. Lvti~ Gov~ty. fiorid+. harei+~sltu dasiyna~ed as ths "MORTGAGEE:' . ~ . ~ WHfREAS th~ ARORTGAGOR is justly iixlt6ted M 1hs MORTGAGEE in the sum o! S 7.~~~ , good and lawful monay of the U~ited ~ States ~dranced by tM MORTGAGEE umo ths MORTGAGOR, as evi~ir~uad by s cert+~~ promis~wy nole of even dare he~ewith, oi wAich the followiny in ~ words and fipurei is a trw copY. ~owit: ~ ; 7. 000. 00 ~,ip_ 1¢~ 358 ~ ~ - Fort P~erce. Fiwida. Jiilt~ II ~y ?Q ! ' for valw received, I, we w eithe? of us, promise to ay, without de(aication, to ihe orde~ ot FIRST FEOfRAI SAVING$ AND LOAN ASSOCIATION OF ~ FORT PIERCE at fort Pierce, Florida, ths aum of = 7~~'~ w~th interest from datr at the rate of 8• 7~, per annum, in moMhly instat6 ' ~ ments as fo~lows: = 7~~~ an the 1~~. day of _~{i1T-__. 14_?Q._. 'nd a Lk.e sum on the correspondir?g day of each moroh there- ~ aiter uMil the whole be fully paid. • ~ Eath installrnent first shall be app!~ed in paymznt oi the interest and Ihen on rhe ur.paid balance of the principal sum. If defau~t is made in the payment of any inatallment when due, and such default coMinues 30 days, then at the opt;on of the holder, and without rny other nol~ce, all the remaining installmenb shall be dve and payabk at once. Privi(ega is g~ven to prepay this nore in whole or in par! af any t~me withovt penalty. Neither torebearante, nor atceptance by the falder thereof after any default +n any paymenis hereor, shalt be deert:ed exlension. A lare payment charge of : 3_! sFull bs added to each installment remaining unpa;d 7 days after ita itw date, and a I;ke sum sha!I be addad to each such ins~ailment remaining unpaid 7 days afte?- ~ each wcceeding paYment date. . . Eaeh maker, surety and encio~ser hereof, jo~ntty and severa4y, wa7ves t3z~nartd, p~esennnent p~otest and notice ot protest fo? rwepayment, and further ngrees to aMr extertsion of time of payment, e~ther beEoro w after maturity, without r.etice to ~ny of us; and to pay all costs of collection, including a, ~ reasonabk attorney's fee i~ the event oF any d~fault hereunder, and hereby se:erat~y waives at1 tenefrt of ho~r.estead and exemption under 11~e tonstitufion IT and laws of each State of the United Srates, as against this obligation or any. exiension or renewal hereof. ~ Witness the hand and .deal of each pnrty_ ' ~ ~ J~hosa~ cseaq c~?u j ' /s/ Rut . M. Jolwson ~ ~ r`•-- t s1O• ~ ) State Revenve - ~ 1 ~ 4~ NOW, THEREfORE, the N40RTGAGOR fw the purpose of securing payment of said sum of S 7s0~~~ , snd the performance of ths ~ covenants and sgreemenq hereinafter expressed, and fw d~vers good and valua6le .considerations, by tlxse preunts, does grant, baryain, ull, remise, release, toe?vey and confirm unto fhe MORiCaAGEE, its succeawrs and ax~gns, all that certain bl, piete or parcel of land, situatl, lying, and being in the Cw+nb of S't• ~.{iCi@ and State of Fbrida, described as follows: Lot 19 and ibQ south 5 fQet of vacat~d alloy adjoiniu9 ' ~ North boundary of said Lot, Block A, Revised Plat of COBB'S PARK SUBDIVISION, ss per plat thezeof record~d in Plat Book 8, page 54, public Records of St. Lucie County, Rlosida,~j aE ~ _ b~ PUt;s;;qNFC~ ' ?11?1 ` IN p PCG~$ ~ ~'PI~R ~j24 FE'•S1CN~ili~p ~ T~FS - Pol; F Aeis oF gi~~1r w 5~A 3~. t' L t~ 1-11 i.~ as qo~ .fo~ Clerk Circa=t 1 . Ut)CI~iMED1TAp E STAMP TA~ st Lucie ~ANIFC N~~S rt ~ Ccur,tj, T , ~R ~ = Jwl~'7o~`' .:'~.~•s` ' Sr ~ Collector ~ I450 - - - °°~u'r a~,K together with al! and singuls~ the tenements, hcreditamenri and appurtsnces therevnto belonging or in snywise appertaini++p therero, ar?d ~II rents, iss~res, proceeds and profifs acwing and to accrue from said premises, alf of which are inc{~ded 'en tFx above and foregoing descripfion a~d Mbend~m. TO HAVE AND TO HOLD the above described snd granfed premises unto the said MORTGAGEE, its suaessors and auigru forswr. Ard th~ iald MORTGAGOR for ~t~ir heirs, executon, admi~istrators end assigns, hereby tovena~ts with the said MORTGAGEE, iri sutceuors ~nd sssigiq, that lawfull aeized of 1he said " tbeY ~Z@ y prem;ses in fee simple; that the ,s~me a~e free, dear snd discharged from all liens ~r?d ~ bra~ces in law w in equity, and tha? tbey ' wi!! and tde ~ ~ heirs ihall wa?rant ~nd dcfend the title to the aams to the said MORTGAGEE, its succeuors and assigns, forever against the tawful claims and demands of all persons; PROVIDED, ALWAYS tF?at if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefote tkxribed snd shs11 truly, promptly and fuily perform, disd?srge, exlcute, compkte, compty wirh and abide by eath and every the st;pu)ations, agreemenn, conditiwu and ooveMnb of said promisso~y note snd of this Mortgage, then this Mortgage and ~he Estate hereby veated shall cease and be nult and void. IT 15 UNDERSTOOD that the wwd "Mortgagor" whether in the s~ngular oi plural anywhere in this Mortgsge, shall be singular if one only and shall be plv~al jointly and severally if more than one, and tha~ the word "the7r" as used anywhere in th7s Mortyage sl~all be taken to mean •7?is,•• •'hen,• _ a"ils," wherever ti~e context so implies or admits. Also, that wherever there is s reference in the covenanri and agreements herei~ contained to u~y of ~ the pufies hereto, the ssme shall be constroed to mean ss well as the hein, legal representatives, successors and auigns (eithe~ voiuntary by xt of tM paHies w invaluntary by operation of the !aw) of ~!?e same and that the covenants herein contai~ed shall bind and the benefiri and advsntapp i~ure to the respective hein, kgal representatives, successors and au~gns of the pa~ties hereto. And said Mortgsgon, for themsetves and their heirs, legal representatives, successors and assigns, hereby jointly. and sevetally oover?~nt snd a9ree to ~nd with the said N~ORTGAGEE, ifs s~ccessors and ~ssigns: i. To pay ~It ~od singular the principa! and interest and the various a~d sundry sums of money payable by virtue of ssid promisfory note, ~nd this mwt9~e, each and rvery, p~omptiy on the days respectively the same sereralFy become d~e. - 2. To psy ~II s~d sirgulu tFk taxes, assesunents, levies, liabilities, obligstions and encumbrances of every nat~re snd kind now w~ ssfd descr~ed property, or that hereaNer may be imposed, suffered, ptaeed, tevied, a assessed thereon, a that hereafter may be {evied or assessed upon this Mortg +Q~, w tM ind~btedness seevred hereby, each and every, when due and payable, sccording to law, before they become delinq~xnt, ud before aMr iMerpt : attaches or sny penslty is incurted; AND INSOfAR A$ ANY 1NEREOf IS OF RKORD THE SAME SHAII BE PROMPiLY SAIlSf1EU AJVD DISCNARGE~ OF ~ RfCORD AN~ TNE ORIG1NAl OFFfCIAt DOCUMENT (SUCH AS, fOR 11v51ANGE, THE TAX RECEIPT OR THE SATISFACTION PAFER OFfICIAILY ENDORSED OR CERTIFIEO) SHALL BE PLACE~ IN THE HANDS Of $AID MORTGAGEE WITHIN TEN DAYS NcXT AF1ER PAYMENT; and in the event th~t any thereof & ~w1 paid, sat:sfied ~nd discharged ss:d MORTGAGEE may ar any t7me pay the same w sny pan t}rereof withovt waiving w affectiny u+y option, Iien, eqvify p •iqht under or by vinue of this mortgage a~d the full amount of each and every such payment shall be inunediately due and p~yabk snd shall bear interest ~roen t)x date theieof until psid at rate of nine per centum per an~um and together w~th such interest shaH be secured by the lien of th:i mwglape. Boox 3.85 ~ 53~ ~ A~~ ~ . - - - - r ~a . :=a _ ~ _ y y