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HomeMy WebLinkAbout1215 ~ 2~''SU'~3 , , , v ~ „ .t,, . , . THIS INDENTURE, Mad. ~M 22nd day of FQbr?iaZy.. A.D. 19~}~ , b.,rw.an Osc:ar Daniels and Mamie Danipl,s,~ his ~ife ! af St. Lucie ~p~~~y flwid+, htr~inaftN dt~iynat~d a~ the "MORTGAGOR." •nd FIRST FEOERA( $AVINGS AtVp tOAN ASSOCIATION Of FORt PIERCE, • cwporafion organJz~d and ~xistinp und~r Ih~ laws of tl» Unit~d St~t~t of AmKk~ ~nd Mvlnb its pri~cipal pl~c~ of buiin~af in tFw City of Fwt PiKU, S~. luci~ Cov~ry, Fbrida, M«iniflK dNipnatsd as th~ "MORTGAGEE:' WHEREAS 11+~ MORTGAGOR is jvttly ind~bttd fp th~ MORTGAGEE in the tum oi = 20~~~•~ Qood and tawful mo~ey of the Un<ted ;ratei advanced by ths MORTGAGEE unto the N{ORiGAGOR, a~ ~videnced by • tsrtain promisswy note of aven dats hsrewith, of wh:ch the iollowin9 in wordi and fiyures is a trw copy, towit: , z 10,000.00 ~ 3-1~~9~7 Fort Pierc.. Ftaida. Fehruar~, 22 ~91,]r_ For val~e recelvcd, 1, we or aither of us, promiss to pay, withoul defatcation, to the order of ftRST FfDERAI SAVINGS AND LOAN ASSOCIATION OF ~ GORT PIERCE at io~t Piacs, Flprida, 1he sum of = Z~s~~~~ wifh intere~t hom date af 1hc rate of 8TS°b per annum, irt monthly install- ~~,rmi q follows: = 93 on tM lsthd~y pf Anril )9~_ ~nd a like ium on the correspond~n~ d~y of each month there- efier until ihe whola be fully paid. 1 Each ins~allment firif ihall be applied in paymenl of 1M interest and thc~ on the unpa~d balance oi the prinupal sum. If default » meJe f~ the F ayme~l of any installment when due, r~ut such default continues 30 d~ys, then a1 the opYan of tF?e holder, and wi?hout any other not~ce, all ihe remaining ~~~srallments shall ba due snd payable at once. P~ivileqe is yiven to prapay this ~ote in whole o~ in part af any t~me withovt perwlty. Neither tNelxarance, nor uceptance by the holder thereof after any defautt i~ any paymen?s hereon, ahall be deemed extension. A late payment charge of ~(1.S_, shal! be edded to each instaltment remaining ~~psid 7 days sft~r its due date, snd a like sum shall be addad to earh such installment remaining uopa~d ) d~yi after aach tucceed"erp peymenf date. Each rn~ka, surely and endase~ hereof, jointly and sever~lly, waives demand, presemment protest and notice of protest i.,t nonE.a~ment, and fui~,a~r egrees to any exte.~seon of tims of payment, either bafore or afte~ maturify, without notice to any of us; and to pay all coifs of cotlrcfion, includ:~g a ~~~.+sonabte ertwney's fee Fn the event of any defau~t hereunder, and hereby severally waives all be~eii~ of homestead and e:emptia~ unde~ tF,e consti;u~an e:~d Iaws of exh St~te of tM United States, aa againsf this oblipalion p~ny tx~ sipn or renewal hereot. Witness 1he ha~d snd ic+l of each party. s/Oscaz Daniels ts~?t) s/Mamie Daniels ~u ( ~ Z 5 • ~ ~ Stats R~wnw ~U NOW, THfREFORE, the MORTGAGOR for tl~e purpose of s~curinp payment of ssid sum of S lO~ OOO. ~ and the perfwm~~ce of th~ covenants and ~greements her~inafte~ ex{xessed, and for diven ~ood and valwbl~ considerationa, by these presents, does grant, baryain, sell, r~mise, relcase, conv~y and conf~rm voto the MORTGAGEE, ib wcceswn ~nd auiyns, all tl~at ce~tain bt, piece a parcel oi land, situate, lyirg, and beirg in 1M ~ County of St. I.IIC1@ ,~nd Stat~ of fbrida, deuri!»d as follaws: Lot 17, Block 2 of Augusta Subdivision as zecorded in Plat Book 8, Page 34 of the Public Records of St. Lucie County, Florida,~-- ; , i ~ 0 ~nrm ~_.2a'- ~ , , ~ ~ ~ ~ " r ~ ' DUE ON CIIISS 'C' INTANGIBLE ER~(VAL P. ~PE TY~ v ~ i;.~t.Li•ii_';:r. ir::~:r_~.'~i~ _ . P~~ S'oAtIT TO CfiAPT~R 20724. ACTS OF liktl. ~ ' - r;;,.~71 \ ~ ~OG"n PQI';:hS, terk ~ _ f ; _ , , : • C CIfCUI~ COUft ~ - _~c:'-~'~~~ ( 5 0 0 = ~ F-- = ~ aS A~C!:t ~Gi LANIEL N. KN~LE~ JR Cv•••^•iR:.L:~.a - _ ~ PB.~~o~.~ - St tucie Cou ;fy Tax Col{ector i Bl? [ ~EPl1TY CLERK rogetlwr with all ~nd sinqular tM tenements, hertditam~nb and sppurtarws thereunto b~lonpenp or in snywise ~ppert~i~inp thereto, urd ~0 nnr~, isswa, proceeds a~d profib acauinp a~d ~o accrw from said prtmisn. a!I of wl+id~ an includsd in tM +bov~ and fwpany d~suiption and habendum. TO HAVE AND TO HOLD tM abow desu7bed ~nd yr~nted p~emiHS unlo tFw s~id IKORTGAGEE, iq succeswrs ud auiyea forev~r. And tlk Nid MORTGAGOR for their ~xecuton, admi~iifr~tas and aaiyas, hereby cov~nann with tM said MORtGACsEE, in wcceuas ~nd asipro, ~hat - theY re- Iawi~uy ..~zed of tl» said p«mi~ in (N iwnplr, th~t tM same Me fr~e. cku and discF?arged fran all li~ns aod encum~ tranca~ in law a in equity, a~d that thev will ~nd theiz hein thall wa~rant and defend the titl~ w the sam~ to th~ ~aW ~ MORTGAGEE, its s~ccessat a~d auipro, forev~r a9ainst tFw lawful claims and demsnd~ of ~11 p~nuu; s PROVIDED, ALWAYS that if tM MORIGAGOR shall pay unro tFw MORTGAGEE ti» promiswry not~ her~inbefore dtscribed ~nd ~hall tn?ly, prompth and fully perform, d~icha.pe, ex~cuu, compbt~, comply wi~h and abide by tach ~~d we~y the pipvl~~ions, syrsem~nt~, cond'+tian and cov~nann of Nid promisiOry not~ and of tAK Mw~yap~, tMn thia Mortyap~ snd tM Estate Fsr~by treated shati u~se ~nd b~ rwN ~nd wid. IT IS UNDERSTOOD that tM wwd "Mortya~w" wl+tther in tlw sirquFar w plw~l anywher~ ~ fh;s Mort~ap~, slull be ~irgulx if on~ only u~d ~hafl M plural jolntly ~nd ~trerally if mor~ than on~, and tMt ths wad "tMir" as used anywh~r~ in this Mortyp~ sMll be taken to ent~n ••his,•• •'h~n•• or "its;' wher~ver the context so implie~ w admits. Abo, that wMrsver 1!?er~ is a r~fN~nce in tM covenann and agre~ments h~rein eonai~ed to ~ny of ihs panie~ herero, tM wm~ shall b~ coraaued to m~~n as w~ll u th~ Min. I~yal rtprssent~~ives. ~ucc~ssws and as~ipro (~itMr wluntary by act of tM partiq q involuntary by ope~ition of the law3 of th~ iain~ ~~d ~hat the covena~H Mrsin contsi~ed shall bind •nd ~h. b.nef~n and .dva~ray.s iew~. ~o th~ rs~p~ctiw Mirs. Ipal r~pr~sent~tives, aucceswn and ~u°ym of th~ p~rties lwr~to. Md said Mat~~Qws, for tMmstiv~s snd thtir Min. !pa! rep~sentstiws, sucusson and suipns, h~r~by jointly ~nd s~vNdly covtnant ~nd prM ~o and with the s~cd MORTGAGEE, its ~ucc~swrs ~nd ~uipra: : 1. To pay ~II snd ~irgular t!~ p~incipal and in~er~st ~nd tM v~rian ~nd su~tky sum~ of mo~eY paYable by virtw of said praniuwy not~. and this mwtyap~, esch ~nd ~wry. promptly o~ tht d~ys rssp~ttiv~ty th~ ~artw wve~ally becorrw dw. 2. To pay afl and swqutsr tM taxK, ssqssm~nn, I~vin, li~bilif»s, oblip~tiau and encumb.~ncea o( ev~?y na~w~ and ki~d now o~ s~id d~scribad Prop~rfy, w tMt I+a~ahN may be impw~d. ~uifa~d, pl~ud. I~vi~d, a~ss~ss~d thenon. w tMt hereafter may b~ lev~ed a suaied upon thb Mat¢ ~pe, a tM Md~ebt~dneu ~ecur~ A~r~by, e~ch ~nd ~wry, wMn dw u+d payabt~, aaadinp ro I~r,v, b~(ws th~y becorr~e delinquent, ar~d bfw~ ~ny inte~ea ertacht~ a sny penalty is inturred; AND INSUFAR AS ANY T14EREOf IS OF RKORD THE SAME SMAII 8E PROMPTIY SATtSffEO AND DISCHARGEO Of RECORD AND THE ORIGIN/ll OFFICIAI DOCUMENT (SUCM A5, FOR INSTANCE, THE TAX RECEIVT OR THE SATiSFACT(ON PAPER OfF(t1AtlY ENDORSEp OR CERTtf1ED) SHAII dE PlACEO IN THf H/lNOS Of SA1D MORTGAGfE WITHlN TEN DAYS NEX1 AF1ER PAYMENT; ~nd in tlu ~vem tMt any IMr~ n ~ot p+~d, s~t"sfied ~nd diacMrqed ia:d MORTGAGEE may at any tim~ pay ths s~rne a a~y p~rt thereof without waiving or ~ffeai~q ~ny optio~, litn, puity or •~aM under a by vi.tw of thi~ mortya9e and the full amou~t of sach •nd ~very wth p~ynHnt sh~N bt immedutely dv~ and pay~ble ~nd shatl beir ints~a~ j ~rom th~ d~~e ~he~~of unril piid a~ r~te of nine per centum p~r anovm ~nd toyether w~th such inl~re~t shall bt secured by Ihe lien o} th:s mwytaq~. ` ao~s~o ~z~ ~ ~ _ ~ ~ > > _ ~ ~ _ ~:~:x