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HomeMy WebLinkAbout1560 ~ 2U,i2; E; , . ~ THIS IN~ENTURE, Mad~ il~~e 25t'h d~y af February , A.D. 19 ?1 , bceween ~ Mariano de Miguel and Maril3m de M~uel, his ivfe ~ of ' ~ e County florida, hcreinaftK deignate.l as the "MORTGAGOR;' and FIRST FEDERAI SAViNGS AND IOAN ASSOCIATION Of FORT PIERCE, + corpor~tion orpanizad and ez~sring u~de~ the laws of ~hs United Statas of Mxrica and hsving ih principal place of business i~ tM Ciy of Forl Pia.c~. St. luci~ Counry. Fbrida, here~nafter desiynat~d a• ths "~ORTGAGEE:' WHEREAS the MORTGAGOR is ju~tly indebted to th~ MORTGAGEE i~ the sum of S-.!L~~'~ good and lawful money of the Unncd Srates advanted by the IAORiGAGEE unto Ihe MORiGAGOR, as •vidanced by a certain promisswy nota of even date herew~th, of wh~ch the tollowing in wo~'oaru~ fiQu_es is a Irue copy. to-wit: s v0•UU No s-t6,851. Fort Pierte, flwida, February 25 ~y 7~ Fw valve rcceived, 1, we or e~ther of us, prom~ e ~o y, wi~hout defalca~ion, to ~he order of FIRST fEOERAI SAVINGS AND IGAN ASSOGIATION OF FORT PIERCE at Fo~t Pierce, Florida, the sum ofr s with interesr from date at ~he rate of ~!5 0o per an~wm, in monthly ins~all- mrnts as tollows: 5---~~•~ o~ ~I?e Jt'h day of APril ~9__71 _ and a GAe sum o~ the correspond~ng day of each month there- after uNil the whole b! fully pa~d. Eath install~nent fi~at shal~ be app~ied in payme~t of the interest and then o~ fhe unpaid balance of the pr~nc:pal sum. 1( d~•fault is madr in the ~ ayinent o( any i~st,~llment when due, and such defauh continues 30 days, then at the option o1 the holder, and w~~hout any othrr noncr, all me remaining .~~s~aitments sha11 be due and payab~e at once. Privilege is given to prepay this note in whole w in parl at any t~me wi~heut penalty. Nriti.err (orebcarance, nor acceptance by ~he holde~ thereo( after any default in any paymeNS hereon, shall be dremed extension. A late payment charge of S 2~ 70 shall be edded to each installment remain~ng unpa~d 7 daya afte~ its due date, and ~ like sum shall be addrd to each such insteilmen~ remain~~ig unpaid 7 days after each succeeding payrreent darr. Each maker, surety and ertdorser hertof, joiNly and severally, wa%ves demand, preseromr~t pro~est and not~ce of prot.st fur nOnpay~n^nt, and fu~ther agrees to any extenaion of time of payment, either be(ore a aher maturity, without nohce to any o( us; and to pay all costs of co;iec:ion, includ;ng a rrasonable atromey"s fee in the event of any defauh hereunder, ar.d fiereby severaily waives all bencf~t of homeateed and Eaemption under ehe constitution a~sd laws of each Srate of the United States, as agaimt this obligation w any eatension or renewat hereof. Witness the hand and seal of each party. S~ 1'~81'~8I10 (~9 ~ @1 (SEAI) s e gue cs~Ai~ (SEAI) ~7.50 ts~?u ( - -1 State Revenue ( NOW, THEREFORE, the MOR~GAGOR fw the pu~pose of seturing payme~t ef sa~d sum of S~~~~~~ - and the performance of the covenants and agreements hereinafter e:preased, and fw divers 9oa! and valusble considerations, by these preaents, doe~ grant, bargain, setl, rem~se, retease, convey and conlirm unto tFu MORTGAGEE, iri.successors and suigns, all that certain tot, piece or parcel of iand, :ituate, lying, ar.d being in the County of St. Lueie and State of Florida, dewibed followi: Lot 20, Block 2, SHlII~OLE PARK SUBDIVISION, as per plat thereof on file in Plat Book 10, Page 11, of the Public Records of St. Lucie County, Florida, c RfCEiYE~ ~ IN PAY~tE.'~T OF T~1fES ~ ~ r~i-~ ! C~ 1`!_ :-t ~ L r~ CL'E Oh CIAS$ 'C' tIVTMlGIBIE PE ' D~CUr~:~~;T~:~~~~_~-.;=•.~-;N ~cr T r~sscn~ ~^~^E?,y. S_4'<, ~0 CtU1PT:R 2072t. ACTS Of :~.:I. i ~ ~ _ ;,;;~i-•7! - - ~CC~~ "CI':..A;. I.ICfIi GtfCUit C4;1R ' v - ~-,j _ 7 5 as Aye~t t~r CA'~~I~l N. KN ~ v~ c~ ~•~t~:,~ ~ . OWL~S, iR ; 190'.33 = v~-- SL iuue Cau: P.~. ty Tax Co(lector ~ ~ ~ ~-Sf'~'ZK ~ ~ J F DEPUTT CLfech ti F E f ~ ~ ~ rogethcr w~th all and singubr the tenements, hereditame~b and +ppurt~nces thereunto belwgirg o~ in +nywise appertaininp thereto, and •il rsnts, issues, ~ p+oceeds and profiti acttuirg snd to accrue trom said premises, all of which are included in ~he above +nd faegoing description and habcndum. k 3 TO HAVE ANO T~Q HQID the above described and yranted premises uMO the iaid MORTGAGEE, its succeuors ~nd assigns forever. And tht s~id ~ tie ir fi MORTG~CtOR fw - he7?s, eaecutors, administrators ~nd assigns, hereby covenants with the said MORTGAGEE, its succes~ws ~nd ~ssigro, ~ rnat - rl~ a~ Iawfully seized i the said premises in fee sim_plr, that tM same are iree, dear and diuharged from all liens aod tecum- ~ b.antes in Iaw or in equity, ud that t~Ay wi11 sr~d their ~irs shall warrant snd defend the title to Ihe s+rtM to the said MORTGAGEE, its successors snd assgns, forever syaiiut the Iawful claims ~nd dem~r~ds of all perwns; PROVIDE~, ALWAYS Ihat if the MORTGAGOR shall p~y unto the MORTGAGEE the promiuay note he~einbefwe dewibed snd shall truly, ptomptly and fully perform, d~xharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditio~s and covenants of ~a;d prOTiffOry note ~nd of this Mutga9e, then this Mortya9e and the Esute hereby neated shaH cesse and be null ~nd vo;d. IT IS UNDERSTOOD th~t the word "Mortysyw" whether in th~ singulsr or plural ~nywhe?e in this Abatgage, ;hall be singula~ if one oniy and shsll be plural jointly •nd sevcrslty if rtwre th~n on~. ~nd that the wad "their" as used anywhere in th~s Mwtys9e shall be taken ~o mean "hii•• ••he~s.•. - or "its;' wherever the conteat w implies a sdmits. Alfo, that wherever there is s referer?ce in the covena~ts and agreements here~n contained to any o4 ;s fM p~ities hercto, the same sMll be constrved to mean u well as the heirs, leyal rtpresenfative~, successors a~d assigns (either volunt~ry by ~ct of tM ~ panies w involuntary by operation of the lawl of tl+e same and thaf the covenants herein contained shall bind and the benefits ~nd adr~ntages inurt ~ ro the respeaive he;ri, leysl representatives, i~cceuon +nd ai~'yns of the ps?ties hereto. : And iaid Mor~9+gora. for themselves and fheir hein, leyal representative~, successors and aui9ns, hereby janNy and sever~lly covensnt •nd ayrae - ro and with the uid MORTGAGEE, its successort ~nd a~sigm: ' _ 1. To pay a!I ~nd sinqular the principal and interest and the variovs and ~undry sums of money payable by virtve of said promisaory note, •nd this - monya~e, each and evsry, promptly on tFr d~ys rtap~ctively the Nme ~ev~r~lly become due. 2. To p~y •II and ~+npular the taxes, asssssm~nn, kvits, lisbilitie~, obli9ations a~d encumbtante~ of every nature ~nd kind raw on said described ' Property, p that hereafter may bt impwd, wff~rd, pl~ced. Iwied, w auessed thereon, w that hereafte? may be lev~ed a aasesud upon tha Mortq- - pe, a tFw indebtedr?cu securd F~ereby, e~ch and wery, wh~n dw ~~d p~Yable, accwdin~ to law, before they become delinquent, and befue ~ny interest afrache~ w any penalry is incurred; AND INSOFAR AS ANY TNEREOF IS Of RKORD THE SAMf SHAII 6E PROMPTtY SATISFIEO AND DISCHARGED OF ~ RECORD AND THE ORIGINAL OFfICUL DOCUAIIENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED ~ OR CERTIFlED) SMAII BE PLACEO IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENT; snd in the ereM that aoy tFsereof is ~wt pa~d, s~t sficd and d~xharged w:d MORTGAGEE may at any t~me pay the i+me o~ any pa?t thereof w~thout waiving or affect~ng •ny optlon, Gen, equity or •~~ht unde~ or by virtue of tbis mo.~ype and the full amou~t o~ eath ~nd every ?uch payment shall be ~mmed~ately due and payable and shall bear interest i•om the dNe thereof until ps~d at rate of n~ne per ce~tum per ~~num and toyether w~th such intreft shall be sec~red by the i~en of th'.s mor9tage. ~ g~R~1y0 1557 . ~ _ ~ : . . ~ ~m ~~u~ ~ ~ ~