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HomeMy WebLinkAbout0268 i ~ 1 ~ ~4b42;~ ; THIS INDENTURE, Made Ihe 18th daY of March A.D. 191L , txtaKn William h. Hitt and Ann M. t~itt, his ~ife _~A_ of St. ~-uC1C ~q~~M f~a;da~ hae;MftN designared as the "'MO4TGAGOR." and FIRST fE~ERAt SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • corporat~on wg+ni:ed +nd exiitir~g unda ~he laws of the Umeed Sutas of Ameriu •nd Mv]ng ita pr+nupai place of b~s~neu in tM Ciry o( Fort Pi~res, S~. luci~ County, Fbrid~, her~inaftsr dea~pnated as th~ "MORiGAGEE:' WHEREAS the MORTGAGOR is justty indebted fo tFw MORTGAGEE in the sum of Sl S•~n 9ood and lawful money of the Un~ted S~atet adranced by ~he MORTGAGEE unto the MORTGAGOR, ss evidenced by s certam promis~ory note of e~an date herew~th, ot wh,ch tnc loliow~nfl in ~ ards snd f~gures is a true copy, to-wiu z 1 S, 000 .00 3-16 , 900_ Fat Picrce, Flwida, March 1S~ ~q71 for value received, 1, we w eifhe? of us, promise to pay, without de~alcai~on, to ~he order of FIRST FEDERAI SAVINGS AhD IOAN ASSOCIATION OF RT PIERCE at FwT Pierte, florida, the sum of S_}1,5~~~~•~ w,th interrst from date at the ra!e of _8a_?~6 Nrr annwn, in monthly int~all- • e~~s as foi'ows: S 128' o~ the 1 St "d+Y of Ma y ~ q 71__ _ and a IiMe sum o~ the correspend~ng day of eac?: month thrre- +•+e+ until rhe whote be fully pa~d. J fach ~ns~allment first shall be appl~rd in paYmrot of the interest and ~hen on the unpa:d ba!ance of the pr~~c pal SURI. If t~f~y~~ is made in the i ment of any installment when due, and such default tontinues 30 days, then al the op~~on of the ho~dcr, and w~~hout any other nono, all ~fie rrma~~ng :;ralir..ents shall be due and payable at once. Privilegs is g~ven to prepay this note in whote or in part at any t~me w~thout pe~alty, i:.•~the~ ~oreLearance, --or acceptance by the hotde+ thereof after any defauh in any paymems hercon, sha~l be deemed extens~on A late paYment charge ot S6 shatl be :~~ed to each instailment remaining unpa~d 7 days aftar its due date, and a likt aum shall be added to ea:h such i~stailment remau~ing unpaid 7 days af?er eacn succeed+rg payn:ent date. Each ma~er, su~ery and endorser hereof, jointly and severally, wa~ves demand, presenrmrnt pro:est and ~otice of protest fo~ nonpay+~te~H, and further ; a~rees to aoy extension o1 nme of payrrxM, e~ther beiore a after maturity, withwt not~ce ~o any oi ~s; and to pay atl casrs of cu:iection, inciud:ng s r~senable attwncy's fee in t~e eYent oF any default Ixrtunder, and hereby severolly wai~es alf benefit of homcat~~~d and exr:~+ptlon under the constitution a d laws of each State of ~he United States, as aga~nsf this obligation or any eatens:on or renewat hereof. Witness ~he hand and seal of exh party. s/lJilliam K. Hitt ~senU • • . ? . (SEAI) . s Ann M. H i t t ~~i~ j _ . , C 22 . 50 1_ ) Stste Revenve ~ ~ NpW, THEREFORE, the MORTGAGOR fw the purpose of ucuring payment of said sum of S 15 • 0~ and !he pe~forme~+ce of the c:~venanta a~d sg.eemenrs here~nafter eapreued, and for divers good and v~lwble cons~derot~ons, by tlxse prese~ts, dces g~ent, baryain, sell, rec~:se, ~ ~_'ease, convey and confirm unto the MORiGAGEE, its succeuw~ and assgns, all tFut certain lot, piace w parcel of land, situate, ly~ng, and being in the Counry of St . Luc ie ~nd Statt of Florida, desvibed as fotlows: Si Lot 16, Block 6, Surfside Subdivision, Unit No. 1, according to the Plat } thereof as recorded in Plat Book 10, at page 17, of the public records of ~ { St. Lucie County, Florida,? i i ~~~.D. O v-- n~ PArMat c~ ~s ~ p~j)ERSI;AI(f TO CMF~'I: ~12A, lIC~OF 1li~TM• ~~R POITRAS. Ckrk C~csit CouR , i ` ~s 1ae:it fot DANIEI N. KNON~LfS~ 1R. ` ~ j ° a;' S'~ %~-r- r_-- St luae Couaty Ttit Collac~~ ~ DOCUMEIdTAp r 5 d p~ U A ~ ~c ~ ~ = nu~tr~i ~ o~+m a~nc ~ = 2250~ ~ CO~tPTRGLLEN~ _ P.9. ~9o~ae " J~:: 7 ~ r" _ ~ ~ : ~ ~ ~ ~ Toqether w~th sN and sinyula? tfie tenemenh, he+ed~t~ments ar+d ~ppu?tanccs tF~ercunto betonyiny w in anywi~e appcrtainirg therero. ~nd all rems. Issues. 3 p*oceeda and profits xauirg •nd to ~cave from ssid premites, all of which aae irxl~ded in the ~bove and forepoing deuriptan ~nd habendum. TO HAVE AN~ TO HOID the abovt described and qranted premi~es umo tM ~id MORTGAGEE, iti successw• and usigns fwever. Md tlw said ~ MGRTGAGOR fa ~~~s, eaec~twi, sdministratws and a~signs, hereby covenants with the s~id MORTGAGEE, it~ successon +nd assipro, ~ ~ •ha+ -~-~~-Z-~-- lawfvlly u~:ed of tM said prem~ws in fe~ s'unplr, that tM sam~ an irN, ckar ard discMrp~d from all liens ~ed Mcvm- or~nces i~ law a in puity, ~nd tMt they will •nd their heir~ sMN warrsnt and defend tht titl~ to the sarr» ro 1M ~aid ~ ~ MORTGAGEE, its ~ucce~w?s +nd +ss~yns, fwwe~ a9~inst the I~wful claims ~nd demands of all persons; ~ PROVIDfD, AIYIAYS that if tfw MORTGAGOR ~ha~l pay unto tM MORTGAGEE ~M p+a++c..o.~ note hersinbefwe described snd shall t~uly, promptlY and fully pnform, d~uh+*ye, eaecut~, compl~te, comply with ~nd abid~ by ~ach ~nd fVHy lIN aripuiations, ap~e~rtNnts, cond~tio~s and cw~n~nts o( s~id = a+om~ssory note ~nd of this Morty~ge, than this Mwt9pe •nd tM Eitat~ h~rtby ue+ted ~h~ll ce+s~ and be null and vo~d. A: IT IS UN~ERSTOOD th~t the wwd "Mortpspor" whethe~ in tM s~~+yul~r w plur~t ~nywMr~ in thif Mortyaye, sh~ll b~ •inpula if ont only ~nd s?~stl b~ plur~l jantly and s~vsr~lly if ma~ than one. •nd that the word "tM~r" ~s uwd ~nywMr~ i~ thN Mortpp~ ~hall be uken to mean "his:. .•lrn,.. ~ v~ "its." whereva the context w implie~ w ~dmirr. Alfo, tFut wh~reva ther~ n a r~i~rs~c~ in ti» coven~nh ~nd prn.n~nn here~n conui~wd to ~ny of rh~ ps.t~ he.e~o. tM w~ne ~MII b~ cwu+rued ~o m~an as w~ll th~ Mir~, tepd r~pr~ntatives. ~uccesso~~ a++d ~s~p~s f~ither volum~ry by +a of th~ ~ p~n~es w~nvolure~~ry by opas~'an o~ tM law) of tiw ~un~ and tFut ~he coven~nts Mr~in cont~ined ~MII b~~ ~nd tlu b~nef~it ~nd ~dwnt~y~s i~ur~ ~ - ~o the resp~cuw heu~, le9sl r~presentativ~s, succsuw~ and ~«'9ns of tM put~ts htr~to. j And s~id Nbr~ppws, fa ri»mselves ~nd tMir M'w~. Ipd npr~sent~riv~s, tucc~uon ~nd ~~siQns, henby pinNy and wv~r~tly cov~oMt •nd pr~e ! ~o ~nd w~th the said MORiGAGfE, ~n sucussw~ ~nd ~aspra: :,k 1. To p~y ~IE ~nd unpul~. rhs p~ncip~l u~d im~r~sf and ~M wrious ~nd sund.y wms o1 mw~cy p~y~bl~ by virtu~ of s~~d prami~wry not~. ~nd Ihi~ ...w~ap~. ~~ch u~d ~~ery. PrompNy on th~ d~y~ rtap~ttiv~ly tM ~~ms s~r~r~lly b~corn~ dw. To pay •!I snd ~uryulu th~ a•~s. Nsessmems. I~viH. li~bililitt, oblp~tions ~~d ~ncumbr~~ct~ ol ~v~ry natw~ ~od kind now on s~id d~wib~d ; ~wop~rty, a~hn hs.a•fra m~y t» wnpw~J, wffa~d. D~~. IwNd, a~w~~ied ~her~on, a ~M~ Mr~afi~r m~~ b~ I~v~ed w asua~d upa~ ~hi~ Mort¢ ~ .Qe. a tM 1r~b+edn~~s ~ecw~ F+Heby. ~~fi ~nd ~+r~ry, wM~ dw ~nd p~y~bl~. ~ccordinp ro bw, b~1w~ ~My b~com~ d~iinqv~m. ~nd b~fw• ~ny tnt~rNt ~ .•,ac?.et w,ny pto.Hy ;s ~ncwred; AND INSOfAR AS ANY iHEREOF IS Of RKORD iNE SAME SHAII BE PROMPIIY SATISFtEU AND D15CMAitGEO OF ~ ktt(!RO ANO TME ORIGINAI O~~IUA! OOCUMfNT (SUCM AS, fOR INSTANCE, tNE TAX REClIVI OR fNE SA1tSfAC110N PAPER OfFIC1AtlY ENOORSED ~k tERTifIEU) SMAtI bE PIACED IN 1HE HANDS Of SA~~ MORTGAGEE W11NIN 1EN ~AYS NExT AfiER VAYMENI; •rid ~n ~h~ w~ro ~h~t •ny Ih~~~of i~ not :,e,d, s~t ~Ktd •nA Orxh~iy~d d MGkiGAGEf m~y d~~y I~m~ p~y the ~ane a~ny wr~ therwl w~~hov~ w~~v~,~q o~ •fle<hny •~y ophon, li~n, pudy p v~~de+ w by vu~w ol ~h~s nwrty~ye •nd ~F+e 1u11 ~manl 01 •~ch •nd w~ry wch p~yn.~M •MII unmed~~tsiy dw •rx! p~y~bl~ •nd ~A~11 b~~r inta~p ~•~rr~ r/.e d~re ~~.~rpi vmil w:Q .~te o~ n~n~ w~ c~nlvm wr •nnvm •~d ~o9Nh~r w.~h wch ~~t~ie~~ ~h~tl k» ?~wreA by Ih~ hon ul Ih ~ nwr9tp~ _ ~~~lv~ ~.7,~, ~V~ . , y~_._ - . - ~u~