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HomeMy WebLinkAbout1365 _ ~ THIS INOENTURE. Mad~ th~ 2~h day of Navember A.D. 19?~ b~Mr~? James W. Donaldaon ~nd Va7,eslta Donaldson, his rrife _ + - pf Sti• 1.11C~9 Cpynty Florida, Mreitu(tK dtsign~ted as the "MORTGAGOR:' snd FIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a aapaation orpanized .nd sxisuny ueda ~M laws of ths Unitad Staqs of /1me~ka a+d Mvirg i» priocipal pl~p of busin~ss in tM Citp of Fal Pi~ru. St. luw County. Fbrida, 1+sreina(t~~ dttiynated u tl» r' M TGAGEE: . WHEREAS tM MORTGAGOR is jwtly indebled b tM MORTGAGEE in the sum of i 7l~~'~ good and lawiul monay of th~ U~ited StaMS, advanced by th~ MORTGAGEE unto ths MORTGAGOR, as evidrnced by a certa~n promissay note of evee? date huewith, of wh~ch Ihe iollowinp in wgdsS+Zn~ f~Yns ia a t.w copv, to-wir. 1~3-16 w~{c ~O.W ~ ~ Fo~t PiKN. F~.~.. Novem?ber 20, ~v TO for valw recaved, 1, we a eithe~ of us, r i t without dafalcation, ~o ~he o.der of fIRST FFDERAL VINGS AND IOAN ASSOCIATION Of FORT PIERCE at F~ ~er flaida, the sum o P~~~~~~ wi~h inrereu ir~m date at the rate of °Yo pe? ~n~~m, in monthly instalb ments u fol!ows: i'~'~ on the day of J~u~y 19__ 7t and a like sum o~ the carespond~ng day of each month 1Mr~- afttr vmil the whole be fully paid. ~ ~ Eath inslatlmeN first shall be app~ied in payment of the interost and +hen on the unpa~d balance of tht p~incipal ium• If detauh if mads in thO payment of any instaltment when due, and such dafault con~inues 30 days, then at the option of ~he hotder, and without sny oth~t not~ce, all the remaining installmsnb ihal) be due and payable at once. Privi{ege is give~ to prepay this nole in whde w in part at any time wi~haut penalty. N~+~~orebeararrct, no? acceptante by the holder lhereof aiter any deFaull i~ any payments hereon, shalt be deemed ex~ensio~. A late paymeM charge of =l sha~l b~ added to tach i~stallrrxnt remaining ~npaid 7 days after its due dals, and a like sum ahall be added to each such installment remaining unpaid 7 days afier ~ each s~cc~editg payment date_ - Each make~, surety and endorser hereof, jointly and scverilly, wa~ves dcmand, p~exn~me~t p~otesl and notice of p~otest for na+payme++t, and furthe? ~grees to ~ny extension of ~ime of payment, either before w afeer matur~±y, w~thout not:ce to any of us; and to pay all tosts of collectio~, includ~n~ • re~sonable attwneyi /se in the tvent of any default he~eunder, and hereby severally wa~ves all benefit of homeslead and exemption undet the caatitution and laws of each S~ate of the Urtited States, as agalnst this obfigatioo or ~ny exrons~on a renewal hereof. Witness the hsnd and seal of eath party. - - ~ ~ ~ /a/ ~ Jsmes i~l. Donaldson ~ = r. ~ s Valeska A. Donaldaon ~ ~ ~8.25 ~ s~,~. ae,,.M,. ~ . - - - ~ • (s~w ~wnpre~~slAd ~n ~+oMl NOW. THEREFORE, the MORTGAGOR fw rhe purpose of ucuring p~yment of sa~d sum of and tM perfonewnce of th~ cown.nn and a~rcemenn herein+her expressed, and fw divers good s~+d v~lwbk co~siderations, by these presents. does ~~ant, bar9~in, sell, remise, releas~. ~onvep ~nd f'ur~ unto the MORTGAGEE, its succeuas and suign:, all that certai~ bt, piece or pucel of land, situate, lyinp, ~nd bainp in the ~ 111C~A ~ State of Florida, dewibed ~s fdlo~ws: The West 65 feet of the East 655 feet of Lot 22, MARAVILLA (3AItDEt88, UI~TIT ~1, according to the plat ~t.hereof on fil,e in Plat Book 6, page 55, of the Public Records of St. Lucie Caunty, Florida,~ ~ / f IN PAYNENr ~ _ ~~i~~ 'C INTMIGIBLE pEpSC p~~~ CFIAPT'cR Z012~. ACiS OF 1941. S ) i a ! ~.a - : - L v ~ ; ` ; ~ ROGER PoRRILS. Clerk Circuit Court c.~ UOCJ.. . ~t;~~ -.~.'•~F~ - 'C ~ AL 10~ N. = l _ ~ ' =T ~ DANIEL KH ~ Z = : - ~ ~ ~W 1R ~ = k(~vt3•79 - _ - ~tj? Tm( Cp~ICC~Of F- V = 8 ~ `7 ~ ~ tn COl~PTi::i? :E _ G ~ P.B.19J134 - . .~EPl1iY CLERK _ topttMr with all and ~&gvbr tM tenernents, hereditamenb ~od app~xtances therew?to belaginy or in anywvise ~ppartaininp tlwteto. and all nnM, hsw~. proowds and ptof~ts xouiny snd to scrn?e from said premises, alt of wF~id~ are inctuded in tht above ~nd fora~oinp d~wiption ad habendurn. TO HAVE M1~. 0110LD rhe above descr~bed and yranted pemacs unto the said MORTCsAGEE, in waesson and assgro forwM. Md Nr s~id LIfB1I' AI1pRTG;/~fj~fwa~ hein, exeMOrs, adminiurators snd ~uigro. hereby cov~nants with the iaid MORTGAGfE, its wa~ssas and ~r, TiI18y that lawfully aeized of tFr said prem~aes in (ee sin:pl~; that th~ s~nw are fr~, cleat ud dischar~d fran ~II lie~ and ~ntu~ brances in Irw or in equity, ud tF?~t t~y will and their heirf ~h+ll warrant and d~ftnd ths titb, w th~ sam~ to th~ wfd MORTGAGEE, its waeswrs snd sstgns, for~ver aysir?st the lawful claims u+d dcmands of all penons: PROVIDED, AIWAYS that if tlw MORTGAGOR shall pay vnto the MORTGAGEE th~ p~omistwy not~ hersinbefor~ describ~d and ~II hvly, pramptlp and fully perfoem. di~dw+pe, exewte, compkt~, con~lY wifh and abide by each ud every the stipvlatiau. +pre~rM^b, conditaro and oowrwnts of said pranissory nok and of this Allorty+ps, ti~en this Mortyage and the Estate hereby aested shsll ce~se and b~ null ~nd void. IT IS UNOERSTOOD that the word "Mwt9apw" whether in tFr s~rgular or plw~l anywhere in this Mortp~pe. thall b~ sinp~la~ if o~e only and shall bt plwal ~ointy and kver~lly if mon than one, and that the word "their" as aed ~nywlrr~ in this Mwtyapt sh~ll be tak~n to m~an "Fiis,•• •'Mrs," or 'its," wherwer the oom~at w implies or sdmin. Also, tMt wherever there is a ~~fererKe in the covenanta and pnemsnb twtin aomaimd to an~r d th~ parties hersto, the sarne ahall b~ cautrved to mean n well ~s the hein, leyal represenatives, wocKSOa and sssiprr (sitha voluntary by ad of t!r putip or involuntary by oper+tion of the taw) of the same and that the covenann herein contained ahall bind x~d the b~rnfits and ~dvant~pu Irwm ~o ttr reap~ctive hein. I~y+l repraer?t~fives, wccesson and au°pro of the p~.fies 1?e?eta Md said Mwtyapora, for tFnmselves and their heirs, leysl represent~tives, sutces~ors and ~ssi~ro, hereby jointly and wwrally tovtnant and apree to ~nd with the ~aid MORTGAGEE, its wccessors ~rd suiyro: 1. To pay dl ~ed sirg~la? th~ prineipal and interest and tM var~ous and svndry sums of monrY WYablt b~r vi~tw of s~id promiswry noM, and thi~ mwq~pe, each and ewry. WampHY on th~ days respectivelr iht same sever~lly becan~ due. 4. To pay ~!I and sinpvlar th~ axer, nsessments. Mvies, tiabilities, oblgatam and encumbr~nces of every n~nx~ a~d kind now on s~id deaaib~d proputy. a tha hwe~ m+y be impw~d, wffasd. d~cad, ievied, w astessed theraon, oa thst her~aher may bs kvid a au~swd vpa~ tNs Mort¢ +~e, a ti~ 4d~l~ednas ~~d iwreby, e~d~ and ewry, when due and p~ysble, aocordu~p w°law, b~fw~ they 6~can~ d~linqwm, and befw~ an~r kN~rat attathes w ~np p~~alry ii intwred; ANO INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII dE PROMPTLY SJITISFIED ANp DISCHARGED OF RECORp AND TME ORIGINAI OffIC1Al ~OCUMENT lSUCH AS, FOR INSTANCE, THE TAX RKEIPI OR TNE SATISFACTION PAPER OFfK1AL1Y ENDORSED OR CERTIf1ED) SMALL sE Pl/ICE~ IN THE HANDS Of SAtD MORTG/tGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in ttw went that an~ N~aeof is rat piid, s~t:afi~d aod d'acharped s+:d MORTGAGEE rnay at any time p+y the same a sny put thereof without waivirg or affectinp any option, lien, ~quity a •ipi?t under w by virhie of this mwty~pe and the full amovnt of each a?d wery such paymenl ihall be iimrodiately due and p+yable snd thall bur intKqt ~rpn t!w datt thereof vntil paid ~t r~te of nine per centum per annum~and soyethe~ w;th wt1~ interest shall be secwed by the li~n of th's mor9bp~. ~ooK1b$ PacE ' ~362 : ` ~ _ , +.=~F - k ~.y g.` + .A ' .~`~,„~cS"'~=.. . . - _ . , .