HomeMy WebLinkAbout1416 ~ 07 i5x ~
THIS INDENTURE. Msd~ the f't h day of ~'~t~ r 1 1 A.D. 19? berwee~
Charl~`s N. ~ti'rst ancl ~1~~rgaret F. lti'rst, his wifc• _
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of St L~ie County Florida, htreina(te? de~ignated +s the "MORTGAGOR." and fIRST FEDERAL SAVINGS AND IC~AN ~
ASSOCIAifON OF fORT PIERCE, • corporat~w? ay~nized a~d exittinp unda Ihs laws of the United Stat~s of Ame~ica and having its principa! pt+ce of ~
busin~u in tM City of Fa~ Pi~rce, S~. lucis County. Flwida, hereinafte~ d~sipnated ai tM "MORTGAGEE:' '
l n, ~ino_~~o , o~ ~nd lawiul mone of thr Un.ted
WHEREAS the MORiGAGOR is juslly indebtsd to th~ MORTGAGEE in ths sum of : _ - - 9 Y ~
Srates edvarued by the MGRTGAGEE unfo the MORTGAGOR, as evidanced by a certa~n prombswy ~ote of even date herew~th, of wh,ch tne toilawinp in ~
,~,ords and figures is a trw copy, ?o-wit:
z ~n~.o~ ~_._3-1~,-~"~~'
Fort Pieres, Flaida, T 11 f~ L ~9 71
Fw value ~eceived, 1, we w either of ui, promise to pay, without deFalcation, to the orde~ of FIRST FEOERAI SAVINGS ANU LOAN ASSOCIATION Of
iC)RT PIERCE at Fo~t Pitrce, Fbrida, the sum of S1~ =t~t7•~~ - with interest from date at the rate of 8s~_~o per annum, in monthly install-
~~~enrs a~ (ol!ows: f~~ • nl~- on the 15th day of ~!`~y 19__ 71 and a like sum on the co:respondmg day oF rach month therr =
afrrr until the whote be lvlly {w~d• i
Each instali~nrnf tirst shall be applied in payment of the interest and then o~ the unpaid ba~e~ce oi the pr~ncpal sum. If drfault is made in the p
; e,ment of any ~nstallment when due, and such defauh continuea 30 days, then al the opt~on of the ho:der, and wi~hout any other not~ce, all the remain~ng '
~~stai6nents shall be d~e and payable at o~xe. Privilege is given to p~epay this note in whole or in part at any timc without penalty. N~ither forubea~ante, ;
no. acceptance by the holder thereof after any default in any paymen~s hereon, shall be deemed exte~sion. A late paymmt charge of S 4!-`3-5 . shaH be ~
~dded to each instal6nent rema~ning unpaid 7 days after its due date, and a like sum shall be added to tach such installment remaining unpaid 7 days after
e.~ch succeed:ng payment date.
Each maker, surety and endo~ser hereof, joinlly and severally, waives demand, presentmeN protest and noti:e oi protest for no~,>ayment, and further
agrees to any earension of t~~ne of paymeM, either belore w after maturity, without not~ce to any o( us; and to F,ay a~l costs of c.:!I~~a~on, inciud:ng a
rr.isonabl~ atromey's fee in the ereN of any default hereunde~, and hereby aeverally wa~ves all beneiit of homest~ad anci ex~mp!wn und<r the const~tution
~•~d laws of each Stare of ~he United States, as against this obligation a any extension o? renzwal hereof.
Witness the hand and teal of each party. !
s/CharlPS F. [J~st (SEAI)
• ~ • • ~ t ' ~ ~ (SEAI)
- . ? . ~ 5 .1c'li(~d TE'L F. :VC'St (SEAI)
f
_ . (SEAU i
t ~ 1 5. 60 ) State Revenve
NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of asid sum of S l~ •-S~ and the perFwmance of ths
covenanb and sgreements hereinafter expresud, and fot ~ven 9ood snd valwbk considerations, by these presents, does grant, ba.ga~n, sel1, remise,
re~ease, convey and confirm uoto the MORTGAGEE, it~ wccessors and auigns, ~11 that ceruin lot, piece w parcel of land, situate, tying, and being in the ?
~ounry of St . Lt1C1P ~nd Stat~ of Fbrid+, dew~bed follows:
South 15 fe~t of Lot 7~ncl all of Lot ti, Block 5, Wilbuwe Subdivision as oer j
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'.:+t th~r~of on file in Plat B~ok 6, pane 2-i of th~ Public Iiecords of St. Lucie
'^~inty, Floric'a, / ~
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RECEtYEp s ~ ~ ' o ~
D;1E ON CtASS ~C INIANGIBLE PfRSCNAI P.'tOPERry~,
t~CJ''+!F TAo`~ F-~ ( C!~ P`~ .C?I? 10~!!~lpT,R ?07?4. ACT$ OF 14t1. i
f _ ST:~ ~ 1 P T:, x r''~ ~^Gf Clerfc Circu~~t Court ;
f o _~FR -,~7~ - as far CAf11El N. KfitOWIES JR
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~ c.~ j s ~ 5 S~= St lu:ie Cou.:ty Taz Cotlettor
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~ rogetF+er with sll and si~gul~r the tenements, hereditamenb and ~ppurt+nces thereunro belonging or in anywise ~ppertaininy the?eto, ~nd •II rents, issut~, f
~ P~«eeds and prof~n accruinq and to acvue from said premises, sll of which sre incl~ded in ~he above and foregoing descriptio~ and Mbendum. ~
~ TO HAVE ANO TO HO~D the +bove desc?ibed +nd pranted premises umo the said MORTGAGEE, its successws snd assigns foreve~. Md the s~id ;
; their ~
MORTGq GOR fw heI?s, executon, administntws and assi9ns, hereby covenants with the said MORTGAGEE, its successors snd ~uiyro,
t:~e a re '
~ ~hst lawfully ui:ed of the said prsmises in fe~ simple; that tFK same aro fre~, cle~r arsd dixharged from all liens and tncum- {
a oronces in law or in equity, and that t h ev ,N~~~ t h e i r heirs shdl warrant and deiend the titie ro the sam~ to the said t
~ MORTGAGEE, its successon and assigns, forever sgairot the lawful claims snd demands of all penons;
` oROVIDED, AlWAYS that if ~he MORTGAGOR tMll pay unto ti+e MORTGAGEE fhe promisso?y rate he+e+nbefwe described and thall truly, promptly
and futty periwm, d~xMr9e, execute, complete, comply with ~nd ~bide by ~xh and every the stipulations, syreements, conditions and covenants of said
~ promiuory note snd of th~s Mw~ga9e, then thi~ Mwtys~s snd the Estare hereby ve+ted shall cease ar?d be null and wid_
is IT IS UNDERSTOOD that rhe wwd "Mwtqagor" whelher in ths ~ingulsr or plu~al anywhe~e in this Mortgspe, ahall be sinyula~ if on~ only ~nd '
sha!{ be plural jointly ~nd severally if more than one, and thst tht wwd "theii' ~s used snywhere in this Mortya9e shall be taken to mea~ "his:• ••he»•• f
or °its:' whe?ever the conteat w implies w admits. Also, that wherever there is s reference in the covenants and ~yreements herein conuined to any of ~
: rhe parties hereto, the same thall be construed ro mean as well i~ the hein, le9d rtpresenUtives. svccestas and assigns (either voluntary by act of the
- parties w involuntary by operatan of the law) of the a~me ~+d that the covenams hereio contained sMll bind a~d the bcnefits and ~drants9es inw~ ~
ro ~he respective heirs, lyal ~epresentatives, svccesson and ~a~giu of the psrtip hereto.
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~ Md said Mwtqa~ors, for tFxmselres and their hein, leyal rep~euntativd, successori +nd •ssigns, hereby jointly and severally covenant ~rtd ~gr~e 3
ro •nd with tha uid MORTGAGEE, i+s successors and auigro: ~
1. To pay dl ~nd sinpular the pri~cipal ~nd interest ~nd tM wriovs and sundry sums of money pay~bte by virtue of iaid promiiwry note, and this i
x mortpaye, tacA •nd ~wry, promptly on the days respectively the same s~wrdly become due. 1
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~ 2. To pay ~11 a~d ~irg~lar tFw taxes, aacessments. I~vies. li~bilir'~es, oblqatiau and encumbrarxea of every nature ~~d kind now on said described
ploperty, p that he~cafter msy be impo~ed, tuffer~, plK~d, Iwied, o? asstued thcreon, ot th~t hereafter may be kvied a useued upo~ this Mort9-
~ •3t, a the i~debtedneu ~ccvred hereby, euh and ~very, wFx~ dw a~d paysbb. ~cco~dinp ro I~w, before they become delinq~e~t, and befor~ any int~re+t
~ atctches w any pen~lty is inturred; AND INSOFAR AS ANY TMEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISFIED AMD ~ISCHARGfD OF j
~EtORO AND THE ORIGItvAI OffICIAI DOCUMENT 1511CH AS, fOR INSTANCE, iHE TAX RECEIPT OR THE SAi15fACT10N PAPER OffIC~AIIY ENDORSED ~
~ GR CER'IFIED) SHALL SE PLACEO ~N iHE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the evenl tMt any thereof is ~ot ~
pa~d, »r sfied ~nd distharged sa d MORIGAGEE may ~t any time p~y 1he same a any pa~t Ihercof without waivir?g or af(ecring •ny option, lien, equity p ~
•~~nt under or by v~rtue oi ?his mortgagc and the full ~movnt o1 e+ch and every such payment shail be immediately due and pay~ble •rx! shall bear i~tere~~ ~
_ <<om the date thereof u~hl paid N rate of nine pe~ tent~m per annum.and toyether, w~th fuch interest shall be secured by tne lie~ 01 th.• mw9ta9t. f
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