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HomeMy WebLinkAbout2315 b ~ ~.~~3;~Ein THiS IN~ENTURE, Mad~ the ZOth day of ~t~~= A.D. 19._IQ., betwcen Ida L. $e~'LQ11' ~ ~ dor of St • (,1lCif ~p~nfy Florida, here~nafter dcsgnated as the "MGRTGAGOR~ and fi~Sl FEDERAI SAYINGS AND lOAN ASSOCfATlON OF FOR/ PIERCE, s corporanon org~nfzed end ea~si~r~g unde~ ~ha laws of the Un~red StatQS of America and hav~ny iri principal place of busineu ie ths Ciry of Fwt P;erce, SI. luue County, Florida, he~e~naUer da~ignated -os Ihe "MORTGAGEE." WHEREAS the MORiGAGOR is justly indebted to the MORTGAGEE in the ~um of 3--- 5-1-_5~~~~_, 9oed and taw(ul money of the Un;ted jrates advanced by the NRORTGAGFf unto the MORfGAGOR, as evidcncrd by a certa~n promisyory note of even date herewith, oi which tho followinp in ~ words and figures is a t~ue copy, ~o-wil: ( f_ 5~5~~~ fort Pierc~, F(dida, ~tOb@r 2~~~~~ ` i For value received, 1, wr w eilher of us, prom~se to pay, wiThout defakaria~, to r1~e order of FIRST FEDERAI SAVINGS AhD tOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Ftorida, the sum of S- .sJ-t5~~~ w~th inrcrest (~om date at the rate of aa.~~`;o per annum, in monthly install- ~nants as foRows: 5---~4iQQ__ on the __~~ay of .__j~~Q=_ 19_ 'jD and a 6ke sum on the co•respond~ng day of each moNh there- a!~er unti) ~he who!e be f~lly pa~d. _ Each i~stallmem first shall be app`ied in payment of tha i~itr~est and ~hen on the unpa~d balance o( rhe princ:pal sum. If default is made in the : F~ayment of any instaliment whtn due, and such detault contiwes 30 days, then at the option of the ho~der, and w~~hout any othzr notice, all the remaining ~ ~natalUnents sh~ll 6e due and peyabie et onie. Priv~te~e ie gi~en to prepsy this note in whole ot in part at any time without penalty. Neither torebearance, nor stteptsnce by the holde? ?nereoi ahrr any defauit in any paymcnts hereon, shaN be deemed ezte~s~on. A tare payment charge of S~_, sh~ll b~ ~dded to ~ath instaliment remain~ng unpa~d 7 days ahe~ its due date, and a l~ke aum ahall be added to each such installmem remai~ing unpaid 7 days sfter each sucteeding paymrnr date. ~ Each maker, surety and endorser here~f, jointly an~ nevc.alty, warvei demand, presenrmrnt µrotest and notice of protest for nonpayment, and fu?ther agrees to any extens~on of time of paymem, e~ther bufore or afre~ mot~rity, wifhcut nor,~e ro any of us; and to pay a!! cosrs of collection, includ~ng a r~,sonable atrorney's fee in thz errnt of any drfau:t hereunder, and hereby :evcral:y waives all bcnefit of homrstead and exemption under the tonstitution ~^d laws of each S~ate of ~he Umted Staecs, as agau;st this obhgat:on or aqy extrns~an or ~newal hereof. \ Witneu the hared and seai of ~ach parr~. ~ /s~ Ida L. Spzuell~ a widow (SEAI) (SEAL) (SEAL) ~8~Z5 a $tafe Revenue (S~?U ` ~ i NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S- 5~~0~~ and the performance of 1he covenants and ag~ee.oen~s hereina(ter ex~aessed, ard for d~ve~s good a• d valuab~e cw:sidrrations, by these presems, dce~ graN, bargain, self, remise, release, co~vey and conf~rm unto thr MORTGAGEE, its successors and ass~gns, atl rhat cenaln lot, piece w parcei of land, situate, lying, and bein9 in Ihe Counry of St • ~.1lCiQ snd State of Fbrida, described as iol~ows: ~ Lot 7~ Block L, FSB AND MAY•5 RBSUBDIVISION, as per p2at thezeof recosdQd in Plat 8ook 3, pagQ 48~ public records of St. Lucie Oounty~ Florida~ ~ G l~~p'(1'~~ a PE ~E` _ WE p~ ~~R i~B a a~;s Of t9si. a,, 5 1!~?1 C~ r- i.._ U K t i.~ A ~R~tn ~lerk (~cu1 Co~~ DOCUMECVTa~, _S~tr~r•,P TnX RCG~R POISP~S, ~Dy~IES, 1R ~ - =s;: %Q, ~ t to~ CAN1El N. ~ j = OLT 2170 _ ~;-t ~ ~5 ~~~~pr^ ~yT ~pllectOt 0 ~ i~i F V 4 J ~ lu{.~.. WUt il 1~ ~,i'+-- ~ U ~~!FTRC~ LER _ C Cl~ TM CLEcZK QR t90134 ~ ~ UEPU rogethe~ with all and singular the tenemcnts, hered~tamenti •nd ~ppurtances thereunto befo~ging or in anywise sppertainfrg fhereto, and all rfnts, iuws, p~ocseds end prof~ts accrvirg s+d to acaue from said premises, all of which are includec! in the above and foreqoirg dtstription ~nd habend~m. 70 HAVE AND TO HOLD the above descri6ed snd gr~nted premius unro the said MORTGAGEE, its successort +nd essigns forsver. And tM uid MORTGAGOR fw ~~Y heirs, executors, sdmin~s~rafors and assigns, hereby covenants with the said MORTGAGEE, it~ succesaorf snd ~ssiQro, ~hat sA~ ii--- I~wfull se~:ed of the said y premiiet in fee s~mple; that the same sre iree, dear and discMryed from ~II li~ns and ~ncvro- orences in I~w or in equity, ~nd tha~ ~Q w~ll and _ t1lZ hcin •hatl warrant and defend tht tille to the sam~ to fh~ said MORTGAGEE, its successors and assigns, fore.zr against the lawful claims and demands of all perion~; PQOYtDED, ALWAYS that if she MORiGAGOR sha11 pay unto ihe MORTGAGEE ths promiswry note hereinbefore described u+d shall truly, promptly and fully perfpm, diuMrge, execute, comp!ete, cwnply with and ab+de by each and eve~y the itipulstions, ayreernents, conditions ~nd tovenanri of uid prom~sso~y nott snd of rhis Mortgage, then this Mortgage and the Esrate hereby created •hall cease and be nu11 and void. IT IS UNDERS100D that the wo~~ "Mortgagor,• wherher in the s7ngular or plu~al inywhere in th~a Matg~gs, s}~al) be sinpular if one only ~nd shall be plursl jointly a~d severally if rtqre than one. ~nd that the wud "the~r" as used snywhere i~ this Mwt9aye sMll be t~ken to mtan "hi~:• ••}Nn•• or "its;' wherever the co~text w implies a admits. Alw, that whe~ever there is s refe~ence in tbs covenann and agreemenri h~r~in conbined ro~ny of ¢ the p~nks he?eto, the sams ~hall be construrd to mean as well as the heirs, leyal representafives, successors and as~iyns (either voluMary by sd of th~ s panief w invduntsry by operation of the law) of the a~me and that the covensnts herein containcd shall bind •nd the ben~fit~ and adwnf~yp intn~ ~ ro the resQKtive heirs, kgal represenratives, successws and ass~gns of the panie~ hereto. ~ Md said Mo~tgagon, for themulves and ~heir he;rs, legal representatives, successors and auigns, hereby joinsly and seve~ally covenant and apr~e ro and with the said MORTGAGEE, its successws and suigns: ~ 1. To pay sll and singulu Ihc prirx~psl and interest snd the variovs and sundry sums of money payable by virtue of said promusory ~ote, and thfs ~ mortyape. ~ach and every, promprty on the days respectively iF~e iame iev~ially become due. ~ 2. To pay al! and ~irgvlu the taxes, sssessmenq, levies, liabilit:es, obligations and snc~mbranca of every natur~ ~~d kind now on s~id dewibed prop~rfy, a tMt here~fter may be imposed. sufte~ed, pl~ced, levied, or assessed thereon. a that hereaftN may be levied a ai~es~ed upon this Mwt a e, o~ tFr indtbt~dness secured hereb , each and ~va wMn dve snd ¢ 9 Y Y, p+yabfe. ~ccordinp ro law, before they become delinquant, ~nd b~la~ any lnt~rqt aftaches o? ~ny perulty is incurre~; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII SE PROIVIViIY SATISFIEO AND DISCHARGED OF RECORD AND THE ORIGINAI OFFtCIAI DOCUMENT (SUCH AS, FOR INSTANC~, ?HE TAX RECEIPT OR iHE SATISFACTION PAPER OfftCIALIY ENDORSED QR ~F2iIFIED) SHAIt Bf PLACED !N THf HANDS Of SAlD AAORiGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the evant that any tMreof is ~ot paid, sat'sfied and discharged sa:d MORTGAGEE may at any t~me psy the same a any part thereof without waiviny o? afiecti~g any option, lien, eqvity or " •~yht unde~ w by virrue of fhis morfgege and the full amo„nr o( each and every such paymenr shall be immediately due and p~yabk ~nd ihsp b~i~ intsres? ~.om the date thereof until paid a~ rate of n~ne per cenr~m per annum $n O~o~~~;t~^i,~ry~~~t~all be secured by the lien o( th's mor9t~yt. ~ 1 uc ~ ~ ~ : - i t . i . _ '