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HomeMy WebLinkAbout0275 i 2t 125U2 ` THIS INOENTURE, 1Wd~ tM •'`3 Lh d~y pl UE'rC ^i1~t'r A.D. 19.111 . D~MNw :1. Huds~~n .~ncl Thcl~~ }~uds~n. his wii~, o~ SL . LL1C 1 Q ~p~n~y Florida, I~~inaf»r d~sgnat~d as tM "MORiCsI?GOR," and FIRST FE~ERA! SANINGS AND IOAN ` ASSOCtATIpN pf fpRT PIERCE. ~ cwpo.atan o.y~niud a~d taii~inp u~r ~M laws of th~ U~ir~d Sq~~s ol Amaiu ~nd Mvinp it~ principd plaa M ~ busin~as in ~M Ciry of Wrt PiKa. St. l~ci~ Covoly. Fbrida, ha~in~fta daipnat~d p tF» "MORIGAGEE." ~ ~ M/HEREAS tM MORTG/IGOR is jvstfy ind~bt~d w th~ MORTGACsEE in 1t» swn of = 6.~ 800`QO pooJ and I~wful mon~y of th~ Un~ted S~ates adv~oced by th~ MORiGAGEE vnto tM kAORTGAGOR, ~vid~nad by a cK~ein promiuwy not~ ot ev~n dat~ I~~with,, of which tM (ollowi~p in wwdi ~nd tipv~~s is a trw copY. lowit: = c, , St~n, nn 3-16 , 704 " ~o.e P;..u. f~«;d,, Derember 24~ 19 7n For valve rateived, 1, we w either of us, promise fo pay, without def~lution, to the orde~ of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE al fo~t Pisrc~, Flwida, the sum of ¦~n~~• with intere_t from da~e at the ~d~ ol~ • 7S per annurn, io ma+thly instalb ~nents ~s (o!iows: ; 6~ •~0 on the .~~h day of Febr u:?r v~ ~9~_ ~ Iike :um on the cwrespond~r~p d~y of e~cl+ month therr after until the wlwle be fully paid. ' Each installment fi~st shail be appiied in paymeot of the i~terest and the~ on ths unpe~d brl~nce of the prindpal sum. If def~uh is m+tle i~ tM payment of sny installment when due, and wch default contin~es 30 days, then at the optio~ of the holder, and without any other notice, all the remaining ~ns+allmenta shall be due aod payabk it once. P?ivile~e is given to prepay this note in wlwle or in part at any time w+thout penalty. Neilher forsbear~nte, ~or accepta~ce by the holder thcreof afte? ~ny default in a~y ~payments hercon, shall be deemed extrnsion. A late psyment charye of ~II be added to each installment remainin~ vnpaid 7 days after its due date, and • like sum shall be added to each such installmenl ram~ini~q unpaid 7 days after each sutteedin~ payment date. E~ch make~, surety and endo~scr hereof, joinHy and sevcralty, waives dcmand, preuntment protest and norice of protest fw rwnp~ymenl, and f~rther agrees to any extension oi time of paymeM, either before or after maturity, without notKe to any of us; and to pay all cosfs of colleclion, intludiny • reasonable attwney i fee i~ ~he event of iny default hereunder, and hereby severally waives all benefit of homeslcad and exemption under fM constitWion and I~ws of each State of the Uoired States, as againsf this obligation w any extension w renewal hereof. . Witness the hand and sea! of each party. . , S/ i~. P. Hudson (5~?U S/ Thelma Hudson ~y ~ ~ 1 O. 2 O ) star~ Rewnw . t5+eenps-anedla~ ara~gtnat ~+e~e~ NOW, THEREFORE, the MORTGAGOR for tF~e pu~pose of secvring p~yment of ssid sum of S 6, BO~• ~ , ~nd tfi~ performaece of th~ covenants and a~reements hereinsher expr=ssed, and for ~vers qood and wlwble tonaidesations, by thas pesents, does grant, brpain, sell, remise, release, convey u~d conFum unto the MORTGAGEE, in iucceuors and sssigns, all thal certain bt, piece or partel af Isnd, sitwte, lying, and beieg in ths ~~~~y St . L uCiP ~ u~d Stata of Pbrid~, dewibed u fdlowt: ~t 7, 81ock 8, Tt1['F;LR T~I2RACE, as per plat thereof recorded in Plat Gook 4, pa~e Public Records of St. Lucie County, Florida, ? . $TA'fE ~ OR1C~ ' i~ T,~pC~JelE1i1~ fl T~RMP- f ~ _ DECZr70 . O " ~ = I 0 2 0~ ~ ~ ~ ~ .a~~~~ RECEIYEQ = . O IH PA`'MEHT pF TAXa D!!E ON. CtASS 'C' IHi/U~GIBLE PE~S(,yAl P"OPERTY PUFSJAi~fT TO CHAPTzR 2;~724. ACTS uf 1941. ~ POB=R POfTP,AS, Cierk Circuit Co~rt as Ag~r.t ter C~t~lEl N. KNGWLES, )R, St lucie C~or.t~ Tax f,ollector 8y ~ DEPUiIf CLEpR together w~th all u+d :ingvlu rhe tenemsnn, hereditamenn +nd appurtancea thenunto belonpirg a h a~ywik ~pp~rtsininp therew, ~nd all ren», iuup, proceeds and profits ~cavin~ and to sccrve from said premises, alI of wf~h sre intl~xlad in th~ ~bov~ and foraya~g desaiption and Mbsndum. TO HAVE AND TO HOLD the above deauibed ~nd ynnted premises unto tM s+id MORTGAGEE, its s~cuawn and ~tiip~ torsvw. Md th~ u1d NORTGAGOR for t}1eII ~in, executon, adminiatraton and au" ro, Mr ~9 ebY aown~nls with thf ~aid MORTGAGEE, its uxcestws snd ntip~, rhat `~re lawfully aeized of tl+s said prem~s~s in fee simpte: tMt ths same u~ fr» clsa? and dacharp~d fran ~0 li~ns and ~ncunr b.ances in law w in equiry, and that they w;~l ,,,d their heirs shall wurant ~nd defend the titl~ to tM s~m~ to tM ~aid MQRTGAGEE, its successors and assiyns, fwever aysimt the lawful cla"uns and demands of all perwro; PROVIDED, ALWAYS thst if tM MORTGAGOR shsl! psy unto the MORTGAGEE tM promissoryr rate her~mbefon descr~d ~nd tMll t?uly, promptly and f~lly pKfwm, dixMrye, execute, compl~te, compfy with and abid~ by each snd every the nipulatia~s, apreea~ents conditions and oov~nanp of said promiuwy note and of this Mortyage, thsn this Mortyaye snd tl+e Estste hereby ve~t~d sFwll ceas~ ar~d b~ rwll and void. li IS UN~ERSTOOD tlwt the wwd "Mwt9sya" whether in the si~gulu a plwal anywhe?~ in N+is Moreyap~, shall b~ sirgula~ if one only and shall b~ plwsl joinHy ud s~verally if more 1Mn one, and tMt the wad "their'~ u used anywh.re i~ rh~s Mwr9ape shall be fak.n ro mean "hS~•` "lKrs,•, u"i»:' wherever the con?sxt so implies a admits. Also, thst wherever thers is s r•ferenc. in rh~ cowrwms and apre.+ne~,n herein aonrain.d ro u~y of the pwties hersto, th~ s+me shall b~ cautrued w m~sn u well u tl+e hein. Ipsl r~pesent~tiw~, waes~ors and asaipe?s (eiti~s? voiunt~ry by ~cf of th~ part"MS w involunt~ry by operatan oi fhe law) of th~ sams and thar rhe covenann Mr+in com•irKd ~h+ll bied wd ihe b.r~fin and advantap.s MMrn ro ths resp~ctive hein, bysl representatives, successors ud ass'pro of the puti~s hereta And said Mortgayon, fw tF~emselves snd their hei?~, ley+l representaYwe~, wa~ssors and auisns, hereby jointly and ~evadly covK?~nt and syrM ro •nd with rFN s~d AhORTGAGEE, in uxtestors and sssigro: 1. To pay alt and sinyutu tM principal ud inrerest and the vuious and sw~dry wms of mon~y paYaW~ by virtw of ~~id promiswry no?~, and thi~ mo~ty+y~, e~ch and wery. P?ompUy on rM d~ys respectiwly tM sarn~ sewrslly bscam dw. 2. to pay aU u+d sirgvlu tFw ta:a, asaessmenn. Iwies. IiabiliY~a, oblgaY~oeu and encvmbrances of ~very nahx~ and kind raw on said dswi6d P~~~Y, a that hereaftN m~y b~ in+pos~d, wffered, pfaad, kvied, or ~asswd rherson, o~ ~Mt hereaft~. may b~ Iw»d or asses~ed vpon thi~ Mat~ ~p~, a t}» ind~bt~dneu ~ecwed her~by, esch and every, when dw and payabk. acoadinp w law, b~fon th~y becan~ .d~linqwm, and b~fon arqr M?tu~st attaches w~r?y psnalty is incurred; AN~ INSOfAR AS ANY TMEREOF IS Of RECORO 1HE SAME SHAII sE PROAAPiLY SATfSfIfD AM~ DlSClIARGEp OF RfCORD AND TNE ORIG1NAl OFFIClAI pOCUMENT (Sl1CH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFfIC1AltY ENDORSE~ rJR CERTIFIED) SHAII dE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT /1FTER PAYMENI; ~~d in tM twM tMt ~ny tf~wf is ~wt pa~d, sat~sfied ~nd discharQed sa:d MORiGAGEE may at any ~~me p~y the s+me a ury psrt NKreof without w~irinp w ~ffec~irg ~iryr optwn, li~n, p~ity or •~pht under or by virtue of thit mortya9e and tl+e full amouM of each .~,d •very wch payrt+.m sh,u be u,M+,ed~r•Iy dve and payable ~nd ihap bur intKest s.om the date tMreo( until paid at rate of nfne per cemum per •nnum ~nd~wyetMr w~th sutf~ inter~st shalt be secured by the lien of th:~ morQNpt. , . do~K~89 P~ 27~ ~ a ~ : .~u u_ . . - - - - - ~ ~:~a~.