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HomeMy WebLinkAbout1947 , zoss3~ ~ THIS IN~ENTURE, Mad~ th~ 2~ st day of A.O. 19~~ betwe~n ~ R~ a~er jod_B~i~at 3..-~ii~~ hia Mii'e of Sti. Luoie , Cq,~~y F~;~, ~~M~~ ~s tM "MORTGAGpR," ~nd FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERtE, ~ co~paatio~ orpani:~d ~nd ~xi~tinp unde~ ih~ laws of 1k~ Unittd St~1q of Anwiica and havtnp Rs prtncipal plau of buiir?~as in tha City of fott Pi~ra. St. lvti~ Couory, flotld~. Mr~in~hK d~tipoaqd p tM "MORIGAGEE." WHEREAS tM NIORTGAGOR is jvitly indtbad a tM MORTGAGfE i~ 1M :vm of i ~ 2! pood and I,wful nwewy of ths United Statn adv~nc~d by tM MORTGAGEf unto th~ MORTGAGOR, ~s ~vida~ced by s cen~in promissory not~ of even date Fxrwrith, of wh~ch ths tollowinp in wwd~ and f' wp b• trw copy, ro~wit: ~ 12,~00.0(? N, 3-17,083 Fort Plerc~. FIaM+. ~T 21 . ~..~~~.«19~_ Fw valw nceiwd, 1, we or ~ithe? of v~, p~amiss fo pay, wiiho~t defalcation, to tM wde? of FIRST FEDER/LL SAVINGS AND ~~1 A560rj(t?ION OF FORI PIERtE a1 Fort Piacs, FlorKis, the sum of w;th imerei~ from date ~t ths wq of . a.~.~. pec;~nnwb in nantllly ln~lal4 ments q follorvs: s ~ cn the y;z~. day of J11~ . 19_~ and • lik~ tum on tM ~wrespwwliny alay oi.lach mon~h th~+~- eiier until the wholt be fully paid. ~ t Eath ins~allmeM iirst sMll be applied in payment of tM intereat and thtn on the unpaid bata~cs of the ptint;pal swn. lf defwN is mad~ in th~ payment of any ins~allment when dw, and such defavlt ca?tinues 3p days, then at the option of the holde~, aad w~thout ~~y Wher ~otice, all th~ rem~ininp ~n»allrneNS shail be due and payable a1 once. Privilps a 4iven /o pr~psY this note in whol~ a in p+n st ~ny time without pen~ity. ~(d~ei~tl~e?~ f~or~b~aranca. nc? meptancr by tht holde~ thereof after any default in ~ny p~yments hereon, sha(I be deemed extension. A lats p+yme~nt clwroe of i_.Lv^,- ~hall b~ added fo each irorallment remaininp unp~id 7 deys iffa? its dw dats, and a like sum shall be added b e~ch such inst~llment ramainihy unQaid 7 days aft~r each sutteedirg payment date, Each m~ke~. surtty and endorta her~of, jointly and sevenlly, waives demand. presentment protest ~nd notice of protat fw ~a+payment, and Wrther agrees ro ~ny ~xtension of tNne oF payrtwM, either befois or after matwity, witl~out ratice to any of us; and to pay all msri of collection, intlud~n~ a reasonabk ~ttorney's fee in 1he evenl of any default herevnde~, and hereby severally waives all benefit of home~tead snd exemption u~der tl+~ constitution and I~ws of exh 5~ate of the United Sqtes, a~ against tl~is obtigstion or any ezrens`on a renewal hereo(, WitMSS tFw 1»nd ~nd seal oi exh pa~ty. sI Ral~ g. (~i~gr ~q ~ cs~?u _s Aarriet L. aia~er ~ t ~t 9.20 ~ s~.n R.r.~. a~"" - NOW, ?HEREfORE, tha MORTGAGOR fw the purpose of sccorinp payment of s~id swn of = ~ 2~~•~ . and tFw pf~fom+anc~ of tM covenanq aod ayrecments F~sina(t~r eapressed, u+d fw divers yood and wlwbl~ co~side~atiwu, by thes~ presents, does p.ant. barqain, tcll, r~mis~, releast. tonwy and mnfirm unto tl+~ MORTGAGE~, Ns suoctswrs and asci9ns, all tMt ceruin 101, piec~ qt parcel pf tand, titwM, lyinp, a~d b~inp in tly C~b ~ •~11Ci~ ~nd Sat~ of Flwida, dtstrib~d ~s follows: ; ?he 8ast 1l~0 leet of the ~lest 200 feet of I,ot 8 of BSLI~~S 3UBLfMSION, . as per plat thereof recorded in P1at~ Booic 3, Page 85, of the Public R+ecords of St. I~wcie Cowctty, Florida, ~q~~ ~ ~ ~ IM PA1fifENT Of T ~11RSGAN~ TO CfYpi~~ ~?~24 ~~~l~~OPERiY~ ~~R POITRq~, Ck~ (~?put Court ~ ~ ~8ent for DAlItfE[ N KNp?If~~ 1R S~T'A? H~ O~ I t~ A- co~"b? rax ca~ta ~ Z DQCUMFNTAov STAMF~ i ~ - = - ~a`'--_ ~ p _ f(.Zf2!"11 ~a: ~ ~ Ot~t..`J t 9 Z p~ ~nm? a~wc ~=.r.~+E~ ~w P.B.~~~i~~ ' - rop~tl+N with alt and sinpvla the Nnen+ems, h~redN~rnents and appvrtances tlwreumo b~lagirg or in anyiwiK appe~taininp tMrNO, a~d ~II n++tb bs~r~s. Prockds u~d profib +cwirg and ro accrve from said prNr?a~s, dl of ~which are included 'a+ th~ ~bow and forgoirg dacription and iNb~rwlwn. TO HAVE ANO TO HOID tht ~bow dewib~d and ~ranrtd premia~s unro the sad MORTCsAGEE, its woaaon ard ~ssipns fortwr. Md th~ wfd MORTGAGOR fw ~e~ I~ein, ~xecvtas, ~dminatrarors snd ~ssi9ro, he?~by oov~nanb with th~ s+id MORTGAC,EE, iri wa~sson and aNipns, tMt g~-- Iswfvll s~ized of th~ Nid Y P~«na~s in fe~ simple: that th~ ~an» an hN, dw and d'aci~ar~d han dl ti~m ~nd ~ncw~r b~+non in law w tn eqviry, aed tM+ t~9 will and their kein th~It wur~t and d~i~ed tM thte b tM s~nw to tht sNd ARORTGAGEE, in wcorswn and ass;Qns, fw~wr apaimt the larvful daims ~nd deenar+ds of slt p~noea: PROVIDED, ALWAYS N+.t if tM MORTGAGOR ~h.ll pay unro tl+. N10RTGAGEE the pon,isw?y „ot~ he~•inbefon d.wib.d and sh~p m~ly, promptlp and fully per/orm, d'ach~?~, ex~cut~, eomplet~, cpep~r with and abid~ by *ach a~d w~++~Y not~ ~nd of rha Mortyape, then this MortQap~ and tFa b~ife ha+ th~ stipubt7orr, apnenwnp. conditions and covawn» ot said ~by pNt~d shdl oeaa~ and b~ null ~nd void. !T IS UNDERSTOOp tbat tl» word '7Nortp~yor" wF+ether p~ tiw ainyubr a plwal ~nywh~r~ in thit Mort9apf, shall b~ sinp~la? if on~ only and •hall b~ plural jointly arw! srrsrally if more th~e? one, and tl»t tM word "the'a" as uNd anyrrlwn in this Atio~t~ ~MII b~ tak~n to m~~n "hi~„" •'1~~," or 'its." wherewr tM contsxt w implia w dmlts. Abo, rhat whsrevsr there Fa a rtfM~nce in tht co~wnanb w~d apr~nen» hK~in ooe~a4rd to «ty of rF» pwties hK~to, tht same sMll b~ caafrwd b rM~n u wtll N fl+t htin. 1~ya1 rapresenativa, waes~on and aufpna (dtlw~ voluntsry bp ~ct of tM p+rtws w fnvotunt+ryi bY op~ration of the law) of th~ same and tMt tFe coven~nts her~in contsir~d thdl bi~d ~nd the burfits and dv~rttp~s inw~ vo rhe r~sp~ctiw Min, lpal ?epr~aer?tatiws, suaessors and au~ym of ~M p~rti~s ht~~to. Md ssld Matyayors, for thems~lws ~nd tFrcir Frin. bp~l r~e~nqtiws, wu~sson and sssipm. ~+~?ebY lointly a~d swsrally oo+aewnt and p~~e ro a+d with tM s~id MORTGAGEE, ib sua~asors ~nd auipro: ~ 1. To pay dl a+d sieqvlar th~ pintipal ~nd imKqt ~nd th~ various ~nd svodry wms ot ,rwnfr p~yaW~ by vtnue o/ s~id p,on,;~,~, ~y. ^'O'W~ ~~d ~+Y. p~wdY ~ 1M d+ri nsPK1~w1Y th~ sam~ ~v~rdly b~car» dw. 2. To p~y dl u+d wipvla tfi~ qxes. ~swssmenn. Iwi+s, liabilities, oWipstiom and Marmbranc~s d ~very n~tur~ snd kind now on uW d~suib~d Pr~h~, a that I~e~fnr may be impw~d, wffa~d. Pl+ud. Iwted, or awss~d tMr~oo, or tha~ hen~far m~y 6~ iwi~d a a~~swd ~pon tN~ Mor1¢ j pe, a eh. ir~be.~dn.ss aeu,r~d hsr.by, each .nd .v.rr, wMn dw and pay~bb. aao.dirg a larv, befw. rMp b.conr d~linqwm, and befon a~y M~Nnst f •rrach~s w ahr p~n~Hy is incw~ed; /~tVp ~NSpFAlt /1S ANY TMEREOF IS OF RKORO THE SAME SHAII OE PROMPTIY SATISFIE~ AND DISCHAltGEp QF RECOR~ ANp THE ORIGtNAI OFfIC1Al OOCUMEM (St1CH AS, FOR INSTANCE, THf TAX RKEIPT OR THE SI1TlSfAL7lON PAPfR Ofi1ClAUl/ ENDORSED OR CERTIFIEU) SHALL 6E VIACED IN THE HANDS OF SAID MORTGA('sEE WITHIN TEN DAYS NEXT AFTER PAYMENT; utd in th~ tv~M that aryr N+~r~pf is no1 pad, wi sfi~d u~d d7scMrqed ~a:d MORTGAGEE may at sny tim~ pay tF?e same a any pa~t thereof witho~t wsivi~p or ~ffectinp ~nY option, li~n, puity p , •:phr vnder w by v'arue of thi~ mw~yaye and tiw fvlf amount of e~ch and every wch paym~nt shatl be iRrn~diately dw u+d payabk ~nd sMll bw im~r~ ~.om the dats tMreof vnti! pa~d at rate of ni~e per centum per ~nnum ~nd toyethe. w~th svch i~~ere~t ~II be secwed b ths lie~ of fh:s mw9tap~. ~K 1~2 1~~3 ~ ~ _ - _ - . _ m: _ _ _ ~5S - _ .x'~e'~~.a