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HomeMy WebLinkAbout0776 . ~ 2 as 75~ THIS INOENTURE. N4d~ ~he 23 rc~ d,y oi ' r~h A.D. 19~ 1, b~:~v.cen _ Thomas W~ Gore and Franc~s GarQ~ hig wifP oF St . Lucie ,~p~~~y F~pr;~, ~reinaf~H dcfignafed s~ t~e "MORiGAGOR," and FIRST FEDFRAI SAVINGS AND IOAN ASSpCIAiION OF FORT PIERCE, a corpaation wya~i:ed a~d axisting undr the lawt of the Un~ted S~atoi of America and having it~ pri~ticipal pl~ce of bus~neu ie tlw City of fwt Pieres, St. lucis County, Flwida, heieinaftsr dtiipnated et tM "MORTGAGEE:' WHFREAS the MORTGAGOR is jvtHy indebted to tM MORiGAGEE in the ium of S 121400~~0_ good and lewful money of !he Un~tcd S~aro~ adwnced by the MORiGAGEE uroo the MORTGAGOR, as evideoted by a certain promisswy note of eren date herew~th, of which the ioilowin9 in ~ords and figuret is a trw copy, to-wif: s 12, 400.00 16.91~3 Fo.t P~erce, florlda, ~tarch 23 ~q 71 Fo~ value received, 1, we w eithe~ of us, p?om~se to psy, witlw~t defa!cation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af forl Prcrce, Florids, the sum of j~ 12 with in~erest from date at the rote of ~•~~o per an~um, in moNhly insfall- ~~~ents as follows: S 136.00 p~ ~t~i day of r~jr 19_~l._ and a like sum o~ the correspond~ng day of each monlh Ihere- a`ter ~ntil the whole be lully peid. Each instat~ment first sha!) be applred in paymenl of the inlerest and then on the unpaid balance of the princ~pat sum. I( default is made in the c er~nent of any ins~allmeot when due, and such default continues 30 days, then at the option of the holder, and w~~hout any other norice, all the remaining nsralt~nents shall be due and payabte at once. Privitege is given to prepay this note in wFale or in part at any lime w;lhuut penalty. tJeither iarebearance, nor acceptance by the hotder thereof alter any default in any paymeMS hereon, shall be deemed extension. A late payment charge of S 6i8O shall be ~dded to each inatallment remaining ~npaid 7 days after its due date, ~nd a like sum shall be addrd to each such instailment remaining unpaid 7 days after e3ch succeeding payment date. Each maker, su~ety and rndorur hereof, jointiy and severoNy, waives demand, preseniment protest and notice of protest fw nonpay~n~nt, and further agrers to any extensian of time of payment, either before a afie? maturity, without no!;ce to any of us; and to pay al? costs of collectiw, includ;ny a ~easanable atrorney's fee in the evem of any default hereunder, and hereby severally waives alI benef~t of homestead and exemption under the constituiwn 3~~d laws of each State of the United Sfates, as against this obligatio~ ot ~ny eztens~on or renewal hereof. Witncu the hand and xal of each party. s/ Thomas W. Gore ~At) , . , s/ Frances Gore (SEAI) ~ ~ 7~ • . ` "-~TZ (SfAll l ~ la. f?~ ) Sta/e Revenw . . _ ~ ~ (~i1 i NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~yment of ssid swn of S Z2 s 400•0O ~ s~d the perf~rmance of ths covenants and agreements hereinafrer exp?esud, ared fo~ divds good and valwbl* considtratiorts, by thex presents, does grant, bargain, ~ell, remiae, re:ease, convey and con(irm unto the MORTGAGEE, ib sutcessors and auigns, all that certain bt, piece ot parcel of Iand, situate, lying, and being _in the Co~nty of St . LL1C 1P snd State of florida, desvibed a~ follows: Lots 10, 11, 12 and 13, BloCk 18, A~ C. DITT[~tAR'S RE-SUBDIVISION, as per plat thereof on file in Plat i Book 1, Page 2%, of the public records of St. Lucie County, Florida, ? RECEIVED ~ DUE ON Ct,ASS •C INTANGI ~R PAYMFJ'fT QF fiAX~ ~ `"r'~"` ~ Pl1RS:A.NT TO ~ PER~NAL PRpp~ry w J~~ I~~~- t- L l.~ r`~ ~R 20724. ACTS OF 19;L ~ G G ~ ~ r•~ E~~ ~ ~?r~ t~i P TA ROGtR PUITRAS, Cler~ Grcuit Court ~ - 7~a2~7i ~,y ;~_"i~~~ as /,gent fot DARfEt N. KNOW~ 1R t~ 8 6 0= ~r~e ~o~at~ T~ ~o~tector N CG7~f`riAutLf;.1~~ P.R. sc ~ gl? unr a.Ewc rogNh~r witF? sU snd singular the tenements, herediaments and appurtsnces tF~euMO be~ongirg or i~ anywise appertaininp thereto, and all renb, Fu~es, aroceeds and p~of~b sccruing and to acvue from said premises, all of which ue included in the abovs ~nd (orepoin9 desniption ~nd F?abendum. TO HAVE AND TO HOLD the above described and yranted premi~es unto the s~id MpRTGAGEE, its wccessors and ~ssiyns iorever. Md th~ uFd thei r MORTGAGOR fw he;n, executor~, ~dministrators and suigns, I~e~eby coven~nn wirh fhe seid 1NORTGAGEE, its succesion ~nd asiiyru, ,~t _they a re _ ~,,,,,f„r: .e~:~d ot rt,. ,,;d Y premists irt f~e simple: tFiat the aime ~~s lr~s, de~r and dixharped from all liews and ~ncvrte- ba~ces in law or in equity, ~nd that t~1P~ wiA and thoi r heirs shall w~rranl and defend tM title to tM sarrw to th~ pid MORiGAGEE, its tuccessors and auiyns, iwever ~yainst tM Iawful daim~ and dem~nds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR sh~Il psy unto tM MORTGAGEE 1he promiuoty note hertinbefwe dsuribed ~nd sMlt truly, p?ort~ptly and fully pcrform, d~uMr9e, executt, compkte, comply w;rh and ab~da by each and ~vc~y tF?e atipula~ions, agreernents, tonditior» ~nd toven~nri of Nid prom~sso.y note and of this Mort9ape, then thit Morty~Qe and th~. E~~~te her~by cre~ted sh~ll cease ~nd bs null and void. IT IS UNDERSTOOp that the wwd "ARaty~qor" whether in tFM tinpuia~ d plwal ~nywhe~~ in th~s Mwfyape, shall b~ sinyvlu if one only ~nd shatl be plural jointly ~nd ieveralfy if mors thsn oM. ~nd tMt tM word "their" ~s uted ~nywAere in this Mortqaye shall be taken to me~rt "bis:• ••h~n.•• w°its," wherever the conteat so implip or dmits. Also, that whtreve~ there is • re(ereat~ in the covenanH ~nd ~yreemeMS htrein contain~d to any pI iM partiea i~erefo, th~ Nnw ~hall be co~~trwed to me+n ~s w~ll iM hein, leyal r~pr~stntativet. ~uccesaon and ~uiyn~ (eiihM voluntary by x1 01 th~ p~rri~t or involun~~rY by opeaatiw~ oi the law) of tlw ax~ ind tMt the coven~nt~ Mr~in conui~ed sMll bind ~nd the bensfih ~nd ~dvantag~s i~~ ~o rhe r~sp~c~ire M'as, ley~l r~pre~enr~tiv~s, wccetson a~d au~qm of tM parties hereto. And ~aid Monypon, fa themulvp and thair hein. Ipal repr~~ent~~iv~s, aucceuors ~~d aui9ns, h~reby joimly and uvar~lly covs~ent and apr~e to •~d w~+A ~FK ~aiA MpRTGAGff, irt iuccestora and aupns: 1. To pay aJl ~nd ~inQular fM pr~ncipal ~nd int~rest ~nd the wrious and sundry swns of mon~Y p~Y~ble by virtw of aid promli~ory not~, and this rrw.~ype, c~ch snd ~~~~Y, promptly on th~ d~ys r~fpectively th~ wv~r~tly becorrM dv~. 2. To p~y ~II ~nd ~inyuln tM ~~xef. ~u~svMnt~. I~vits, li~bilitits, obliq~tions ~nd encvmbrux~s of ~r~ry na~ur• and kind now o~ Nid d~tcribed p~optrty, pr Ih~t Irar~~fttr m~y ~ imppNd, wffe~~0, plK~d. I~vFed, p~yyHd fhereon, p!F?~1 Mr~ift~r m~y b~ levied w~~s~ued upp~ thy Matp. p+, a tM indebt~dn~s~ ucured her~by. ~xh ~nd ~vKy, wMn dw ~nd pay~bf~. ~ccw~irq ?o I~w, b~iw~ tMy became delinqwnt, ~nd befw~ a~y Int~r~~~ •rtache~ or •ny pen~lty is ~ncurrcd; AND INSOFAR AS ANY THEREOF IS Of RKORQ THE SAME SHALi EE PROMPTIY SA11SfIEp AYO D~SCHARGEO Of 2ECORD AND TNE ORtGINAI OffICIAI ~OCUMENT (SUCN AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFIUAIIY ENOORSEO OR CERTIFIEO) SMAII 6f PLACED IN THf NANDS Oi SA~p MORTGAGEE WIIHIN iEN DAYS NE%T AFiER PAYMENT; •~d in ~h~ ~v~n~ that ~ny tl»~~o( b nW p~~d, a~t ~fi~d •r~d d~sthsrprd ss d MORTGAGEf m~y N ~ny hm~ p~y tM ~~me w~ny p~~t thereol wi~hov~ w~ivinp or •Ilectiny any op~ioo, li~n, ~quify or •~~6t under a by v~rtu~ of th~~ rrq.}g~ye ~~d th~ (ull amovm o( each ~nd ev~ry tuch paymem ah~il be immedu~~ly d..a •od p~y~bE~ •~d ~hill b~u ~~t~r~st j,um ~he dNt 1?~ereoi unt~l p~~d r~te of n.ne per centvm p~r •nnum and tyydth~r w~lh •utA ~mer~~? ~h~ti tn secured by the 11tn of fh s mwytp~. 6(iG!(191 .775