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HomeMy WebLinkAbout2807 ~~81~s ~ THIS INDENiURE, Mede the 21St d+y of ~=il A.D. ~~.L~ b.iween __Leo F. Curnette and Maxyargt Clucn~~te, is w~.f~, - - -._T • ' ~ ~ of - St •~.BC~g ~pynfy Fiwid~. Mreinai~er de~g~ated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a co~po.at~on oryani:ed a~+d ex~s~iny ~nde~ tAe lawi of the United Sta~~~ of Art:erica ~nd havinp its principal pl~ce of, bus~nes~ 7n tA~ Ciry of Fort P~eres. St. luci~ Counry, Fbr;da, hereinalfer deapnated as ~M "MORiGAGEE." WHfRFAS ths MORiGAGOR is j~sdy indebted ~0 1F» MORTGAGEE in the sum o( S.~.aZ~a.~____~ good and lawful moi+ey oI thc Un~ted Srates advanced by the MORiGAGEE umo the MORTGAGOR, ai eridtnctd by a terta~n prom~ssory note ot even date herewith, pf wh~th th~ totlowing in wcrds and (~gures is a t~ve copy, to-wir. S~a 7~• ~ 3-17 No_ Fort Pierce, Flaida, ~Z'il 21= 19_~,L Fw value received, 1, v~e w either of us, promisc fo pay, wifhout de~alcation, to ~he urder of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Florida, the sum of =_~ZQQiQO _ w;rh u~t~reet fram daie at the rale of~a2~°o per an~w~n, i~ monrhfy instali• j ^~ents as fol!ows: S_~Q~QQ_ o~ the day of `j~Q , 19_ 7~ _ and a I~ke wm on tne correspondmg day of each mon?h there- a~ror until the whofe be fulty paid. Eath insraY„nent first shall be appl~ad in Fayment of !he interest and ~hen on ihe ~npekd balance of the prmc paI wm. N default is made in the ~.~~ment Of any ~ns~allmrnt whrn due, a~~d such de(ault coroinuea 30 days, then a~ the opt~on ol the holder, a~,d wnho~~t any other nor~ce, all the ren,ainEng ~~staHments shal~ Ge d~e and payab:e a/ once. Privilege is given to prepey this note in whole or in pa~t at any Na~e w~thout ~~enalty. Ne~ther forebearance, nor accepfante by the holJer thereof aftrr arty defauff in any paymeros htrean, shall be dremrd ea~e~is~on A!ate payment charge of S_4~~_, shall be ~d;ied to each i~atatiment remamiiig unpa~d 7 days after itl due date, and • G?,e sum ahall tx added fo each such instalin,ent remaining unpaid 7 days afte~ each sucteeding payment date. Each maker, surety and endorser hereof, jointty and severally, warves demand, presenn.een? p~orest er:d n~r.ce of p~orast for nonp~~~nent, and funher agrees to any txtension oi mr:e of payment, either before w after maturity, without not,ce to any of us; and to F~ay a:l coars of ~~'Iecrion, inciud:ng a re.sonabie attomey s fee in the e~en? of any defauft hereunder, ~nd hereby severally wa~ves ai( benc~ft of hcm~s~c.~d and excn,ptiun undrr the constitution ~~J 7aws of each S~are of the Un,ted S~ates, as against this obligation w aoy extension or renrwal hereof. W~Mess the hand and seal of each party, S/ l,eo R. CurnettQ ~Ai~ (SEAL) 5/ Margaret Curnette ~E~iy I~~nS ) 5fate Revenus (S~) iL~aw+'~. Mwo~Hei ~ ~ipirrl.+wt~) NOW, THEREFORE, the MORTGAGOR fw the purpose of secu?ing payment of aa~d sum of = 8~ T~O~QO ~ and the pe~formance of the covenants aod agreemrnts hereinatter expre:sed, a~d for diver~ qood and wlwble considerations, by theie presents, dces g~ant, barga~n, se!1, rem~se, ~.•~ease, convey a~d confirm unto the MORTGAGEE, its succeuors and sssgnt, ell that certain lot, picce ar parcel of land, si~uate, ly~ng, and beirv~ in the County of - St . Lucie ,~nd State of Fbrida, dewibed as follc~ws: ?he South 12 feet of Lot 20, and all of Lot 21, in Block "C," of WBST BND ADDITION in the City of FoYt Pierce, Florida, according to a plat thezeof zecorded in Plat Book 2, at page 5, of the Public Records of St. Lucie County, Florida, f ~ i , RECEmEO t / . Q ; Dl1E ON CIASS 'C ENiMIGIBLE PERSQNAL~~{pPERTY, PURSl;AHi Ip CFWpIER 2072t, ~TS OF 19a1. ~ _ ROG_R POITF,AS. ~letk Cir~~ ~urt as dger.t fot DAMIEC N. 1(Np~y~~ JR STAT E~ f= L O R I D A~ St Lucie cour,tr i~ t-~ ~ DOCUMF~VTA~" STAMP TAX • Bp ~ ~ ~ = pPR23"fl •~~`z - DEPUiY I 3 0 5= «F~« ~ c~.r oF Rntnut - ~ PB.~'a~~s ; ~ogether w~fh al! and iingular the tenemenb, F~ereditaments and ~ppvrt~ntcs the~eunto ~elonging p in anywiie appertaininp the?eto, and ~fl renta, issud, pFOCeeds and prof~ts accruing s~d to accrue from said premises, sll of wKKh are included in the above and foreyoing descriptiw~ and habendum. TO H/1VE ANO TO HOID the above described and 9ramed premiies unto the said MORTGAGEE, its successws and aisigrs fwewr. Md th~ said MORTGAGOR ~w thglr i~e;rs, eaecuton, sdministratws and ssa~gns, hereby covenants with ~he said MQRiGAGEE, ir~ successon and aupro, ~hat - th@~ alg-- tawfuliy se~:ed of the ~aid prem~ses in fee simple; thar the same are free, clear and diuhsrged f~om •II liens and encwir b.ances in Isw w in equity, and that theY W;~~ their F?eirs shell warrant and defend the title to the same to th~ wid MORTGAGEE, its successon ~nd ass~gns, forever ay~insl tha lawTUl clsims and demands of all ~+ersons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tF~e p~omisswy note hereirtbefwe desc.ibed and ~hall truty, promptty and fully pe?form, d~scMrge, execute, c«nplete, compiy with snd ~b~de by esch arcd every the ~ripulat~ons, ~qreements, cond;rions ~nd cavenanrs of sa~d p.om~sso~y note ~nd of this Mwtgage, ~hen this Mortgage and the Estate F.artby treated shall ce~se and be null and void. 1~ IS UNDERSTOOD Ihat the wwd "MortQiyoi' whether in tM tingular or plural anywhere in this Mwtgage, shall be s~nyular if one o~ly a~d shall be plurel jointly s~d sever~lly if more than o~e, and that the wwd "tneii' as used snywhere in th;s Matga9e shall be taken ro mean "hif,•• ••hen.•• or '"if~," wherever the cantezt so ~mpiics w admits. Alw, that whereve? there is s reference in the covenants and agreeme~ts herein cont~ined to ~ny of rhe parties hereto, the same shall be cona+rued to mean as well af 1M hei~s, leyal rtpresenta:ives, successon and assigns (either volunury by ~ct of the pa~t~es o~ inrolunrary by opera~an of the !aw? of the iame and that the covenants herein cootained shall bind •nd ~he beoefiri and ~dwnt~yes inw~ fo the respect;re hein, legal represemativss, succeuws and au~yrq of the pa.ries he?eto. And ssid Mortgagpn, for themselves ~nd their Ixin, Ie9~1 reprosent~rives, succesao~s and auigns, hereby jointly and severaity covenanf and aqr~e ro snd wnh the safd MORTGAGEE, iu successors and auiyns: i. To pay all and :ingvlar rhe principa! and inte~est and tht v~rious ind sundry sums of money payable by virtue of said promi~sory note, ~nd this n+o:tgaQe, e~ch and every, promPHY o~ tM days respectively tM same sevs~~lty becom~ due. 2. To psy all •nd ~ingvlar the ta:e~. ~ssessm~ntf. Iwie~. liabilities, obli9ations and erxumbrances of every narure and kind now on iaid described P~~~~Y. or Ihat Fereafter may be imposed, wifer~d, plated, levied, or assetsed theieon, p that he~uN~r may b~ lev;ed a issessed upon this Allortp- ag~, a tM indeb~edness sec~red Mer~by. ~acA ar+d ~v~ry, when due and p~yabl~. ~ccwdiny W law. before tF+ey bccome delinqucnt, ~nd befwe ~ny int~rest ai~aches w any penalty is inzvrred; ANp INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHALt 8E PROMPfiY $Ai15f1E0 AND DI$~MARGfO Of RECORD AND THF OR1GtttiAl OfFIC1Al DOCUMENT ~SUCH AS, FOR INSlANCE, TME TAX REfE1PT OR TFiE SAit$fACT10N PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAIt BE PLACED IN TME HANOS OF SAID MORiGAGEE WItHIN TEN OAYS NfxT AF~ER PAYMENi; and ;n rh~ event rhat any th~reof is no+ pa~d. sat sf;~ •nd d~schs~ged sa d fAORiGAGEE may at any t~me pay the same o~ any part thereoi witlwut wi;v~ng w affecnng •ny option, fien, equity w •~~hr vnder or by vvtve of this ~*wrrgage and the f~l; amovnr of each and every such payment shall be lmmed~atcly d~e and payable and sh~ll bear iroerest ~•om rhe date thereof until pa:d sr r~te o1 nme per ccntum per ~nnum and t such in~`/`/v~.rbe secured bv +?~e I~en oi rA s morfl/aqe. ~ ~ - :