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HomeMy WebLinkAbout1815 ~135~5 IHIS INDENIURE. Mad~ the c~ay of * ' "`~`~t A.D. ly _ Z,~r~~^ , G. B. i~lalters and Alliece Yalters~ his ~df~ ~ of ~i. Incie C~~y flo~ida, Mfl~MffM d~seg~+ted as tM "MORTGAGOR." and FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION Of FORT PIERCE. • co~paation or~~nis~d ~nd ea~t~inq und~r ~M laws o( tM Un~ted Suas of M+erica ~nd havinp :ti princ:psl plsc~ of b~~~n~ss in tF» City of Fwt Pi~ra, 51. luci~ Cou~?ty. fbrid~, }~ein~fttr dtspnai~d ~s tM "1NORT GEE:' WHEREAS tht MORTGAGOR is jvstty ir~bMd to tl+~ MORTGAGEE in the sum of = 32..~~'~ good and lawiul rroney oF the Un:ted Sfares adwnced by the MORTGAGEE unto the MORTGAGOR. evidsnced by • ce~u~n p~omisswy note of even date her~w~th, of wh~ch ihe toGow~rq in ..ords and fiyuras is a trw topy, to-wit: s 3,5~•40 N, 3-t7,299 Faf Pierc~. Florida. A11~u8ti ~ 0 19 7~ For value rKNVld, 1, w~ o~ eithe~ of us, prom~se to pa~ithoul defalcafion, to ~he orde~ of FIRST fEUERAI SpAV~INGS AND LOAN ASSOClAT10N OF iORT PIERGE at fat Picrte, Fbrida, the tum of with intereft Irom date at the rate of v•c ~°b per snnum, in moNhly install- ~~r~~~s u fol!ows: S 50•~ on 1hs -~-te- d~y of ~t~~t' 19~- and a I~ke swn on the corre~pw~d~ny day of each month the~e- ~!trr untif the wholt be 1ully paid. Each inst~llnx~t first shall be appl~ed in paYme~~ of Ihs interest u~d rhe~ on the unpaid balance of the p~incipal sum. If default is mad~ in the ment of any inaullmen~ when dve. and such default continues ~0 days, then at the option of the holder, and without ~ny orhar no~ice. all the rcmain:ng ,.s~allmcnts shafl be due and payabie at once. Privilege is 9iven to prep+Y thii note in whole or in part ~t any time without penalty. Neithtr jaebearance, ~or acceptance by ~he holder ~hcreof after any default i~ say pay~++en4 hereon. shs~~ bs deemed extcnsion. A late paymem ch.rge of shall be :;i;ird to each installment rem~ining unpa~d 7 days afte~ ib due date, and a like sum shall be added to e+ch tuch inatallme~t rcmainin9 unp~id 7 days a(ter e.~ch succerding paYmen~ dare. Each maker. surety snd endorser F~ereof, jointly and xverally, waives demu+d, p~esemmero p~otest and notice of protest fw no~+payment, and turther agrees to any szrension of r~.ne of payment, e~ther before o~ after maturity, w~~hout not~ce to any of us; and to pay atl costs o( co~~ecr~~, inc:ud:ng ~ r~~~sonable attorney's fee in the even~ of ~ny defauit hereunder, ud ht~eby teverally waives all be~.efit of homeatead and eaemption urn~er the constitution e~•~d lawf oI each State oi the United Sfatea, as ag+~~+st this obtgatiw~ or any eatensan or re~ewal .xreof. w~rness the hand and aeai of each parry. ~ 3~ d• B• W81ti9!'3 (SEAL) (SEAI) 3 Al.l~@C@ II1181ti@I'9 (SE~?U (SEAL~ ~ ~5.2 5 ~ 5~.~. R~,,.~. NOW, THEREFORE, ths MORTGAGOR fw th~ purpost of secwirg p~yment of ssid swn of = 3~7~'~ snd the pcrform~nce of the co~cnants ~nd ~t!lmMtf her~inafrer exp~eucd, +nd fa divers ~ood ~nd valu+bls cons~derations, by these presents, does grant, bar~ain, scll, rcm;se, •r~ease, convey and confirm unro the MORTGAGEE, iri succcuws and auiyat. ~11 tF»t ce+qin b1, piece or pucel of land, situate, lyin9, and being in tM C«,nry of $t• ~C~ ~nd Sut~ of Fbrida, described ~s fdlows: + i Norther~r one-half of Lot 5, of the Re-Slxbdivision of B1ock 128, GARDEN CITY FARP6, as per plat thereof of said re-eubdivision oan file in P'lat Bock 8, Page 3, of the Public Reco:ds of St. Lucie Co~mty, Florida, ~ ,f E eECErvEn s T E°F ~ R~ U X . DUE OY CUCS_ ~r~1A,YC:B - IN~PAYMENT 0~ U11~ la~ S~A ~QD SjA~+1~- ~'S:,Akf ~0 :.~=7a - lE AE.SCMAL PROPERiY, ~ ~~CuMEN o` _ T~~072a, ACis OF 1911. t ~ z = uGi~'~i = f.~G~:, FGI::~S, C+f-i Grcuit Caurt ` J o " ~J 2 5- ~ A[er.: f: ? C/L"!~L N. KN i =r ' ' OWLES, JR ~ v ~:T_4F eirf~E ~,r" = St Lucie Cour.ry Tax Co;lectar ~ 190112 ~ P.B. Br ~ ; ~ ~ ~liY C1ERK ; rogether w~th all and sirgubr tM tenemtnts, h~red~tamenb and appunances thereunto b~lw~yiny w in a~rwise +ppe*t+ininp therea. ~nd all rents, issues, ! ;.•ocee~s and pofin ~ccruirg and to acuw from said p?emises, all of whid~ ar~ inclvded in the abov~ and ~weyoirg description and h~berdum_ TO HAVE ANp~~HOID the above dew~bed and yr+nted premises unto rhe said NIORTGAGEE, itt wccessors ~.~d au~gi+s (or~ver. /u+d tM s+id - ~~t~R?GA~j R fw -L hsin, e:ecuton. ~dminisrra~ws ~nd •ssigns, hereby coven+nts wirh the said MORTGAGEE, in wcces~ors and ~ss'pns. ,na+ _""e~ SI~ - Awfutly ~e~:ed of rhe uid pnmis~s in fN simplr, tMt tf» ~am~ ~r~ frN, cl~u ~nd dischsryed from ~II li~i» u~d encum- ~ uancet in law o? in equity, ~nd tF.at t~y will and t~18ir hein shall wsrrant and defsnd the ~itle b/h~ sarns to th~ said v.ORIGAGEE, ie~ successon a~d auiym, fa~ver againtt th~ lawful cl~im~ and demands of ~II perwro; ~ PROVIDfD, AIWAYS tMt if tM MORTGAGOR sMll pay vnto the 1NORTGAGEE tM promi~sory not~ her~inbefw~ d~scribed and ~hall tru~y, promptly a~d fully p~rfo~m, d~~cMr~e, saat~tt, compl~te, comp~y with u~d abid~ by e~ch and ~r~ry t!» stipul~i~ons, a~ra+menn, conditioro and coven+ms of s~id ~ c-c~=,~sso.~ rote and of this Mortyap~, then this Mwty+pe ~nd tM Est~te h~reby u~at~d shall uas~ and bs n~ll ~nd w~d. IT !5 UN~ERSi00p tMt the word "Nkorty~poi' whether in tFM ~~rpulw a ptwal ~nywher~ in th~s Mwtyp~, sMtl b~ sinsulu if on~ only ud sha~1 be pturd "pintly ~nd ~ev~r~lly if mwt tl+~n one. ~nd thar tM wotd "thti~" used ~n/wMr~ in this Mortyp~ ~MII b~ uken to mea~ "his:. ••Mn.•. o. •';ra;' whe.ever tM cwr~tat w implie~ a admit~. Also, tMt wh~rer~r then is a r~f~r~nc~ in tM toveru~ts ~nd ~reeme~ts her~in cont~irwd to ~ny o1 +r,e p~rs~ herafo. tFn wm~ ~hall b~ cons~rued to rrN~n well •a the Mir~. Ipd r~prt~ent~tiv~s. s~cc~ssw~ a~d ~ssiSro (~i~hK volum~ry by ~ct of tM ' : nf,es w involuntuy by opa~fion of tM I~w) of tM s~ ~~d ~hat ~h~ covsna~n i»r~in contain~d aMll bind ~nd tM b~n~b~s ~nd ~dvanta~es inur~ fo ~he r~spsctiv~ M"u~, leyd r~~t~m~rivt~, tutcefson ud ~a~~qns of fF» parti~s Mr~to. ~ /~„d s~id Nbr~y~pon. fo~ tF+emf~try N+d tFKir h~in. Ipd r~p?~sN+ativ~s. succe~~w~ ~nd •aipn~ Mnby jointly ~nd Nverally cove~nr ~nd ayr~e ~ +o and wnh th~ N~d MORTGAGEf, it~ ~ucc~asws and ~uqns: ~ 1. To p~y dl ~nd sirqvlar tM principd ~nd intN~st ~nd tM v~riow ~nd wndry swm of rtar»Y paY~b1~ by virtue of s~id prom~ssay noN. ~+~d th+s ~ «:~qay~, ~~ch ~nd vvery, promptty on tM d~y~ rHp~div~ly tlw a~ wv~r~lty k»c«n~ dw. ~ 2. To psY •11 ~nd sinpvla~ th~ ts:N. ~ssKSm~nn. Iw4s. ti~biliti~~, oWq~~bna ~nd Mcwnbr+ncN of w~ry n~rw~ ~nd kind now on a~~d de~crib~d ~ ;.{op~rry, a?Mf M.~~I~~r rn~y b~ irnpos~A. suffN~, d.~ced. I~ri~d, a~w~~wd ~M.ao~. a ~ha~ M~~~(~er m~r M I~v~ed w~~~ess~d upon fhls Mwep~ ~ye, a tM tnd~M~KU wcur~d Mr~by ~~ch t+~d wNy, wh~n dw u~d p~Yabb. .cc«di~q ro bw, b~la~ ~h~y becar» d~lirpwnt. ~nd be+a~ ~~y inter~st ,•~•chss o. •ny pen~ity n u+cur~ed; ANO INSOFAR AS ANV THEREOf IS OF RKOR~ iHE SAME SHAII SE PRON1PIlY SAI~SF~E~ AVp DISCNARGED Of ~ p:rr~p0 A?!p THE OAIGI?iAl OfFIC1Al DOCU'AENI (SUCH AS, FOR INS1ANCf. THE 1/!X RECEIPT OR THE SAi1SfACTION VAPER O~FICIAItY ENOOASEO CERtIiIED) SMAIt 6f VLACED IN 1HE HANDS Of SA~D MORTGAGEE WIiNIN TEN DAYS NEXI AFTER YAYMENi; ~nd ~n tM •+en~ ~lu~ ~ny +Mr~nf is not ~ d. aa ~fwl ~~d d~uh~~q~d sa d MORiGAGff m~y •t ~ny t~m~ D~y ~h~ su.w a~ny p~r~ tMr~ol withou~ wav~.q w•H~cn.q •~y o~•~wn. r.n. .q~,r~ a ~ •..~~:r „~l~r w by v~rw~ o~ th:• mo.~y~q~ ~~d ~M Ivll ~rr.o~m of •~ch snd w~ry such p~yrrwnt ~h~ll b~ imm~d~~?d~ dw ~r.c! p~y~ble •nd ~h~ll b~~r m~~r~~~ eh.e d~~~ Nv~~o1 00~~1 d~~ r• o r e~nt r• wn ~nd t ~~M~ w~i ~ h t e rrd bv rM b~n ol ?h ~ n.or9~p~ ~ ~c~ ~~4~ ~~1~ ~ e~p~ ~ ~ . . . ; • r>>. ; ~ ~ ~::',?ar~ a . . _ - _