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HomeMy WebLinkAbout0550 ~it~'U9 ti° i IHIS IN~ENiURE. N1~d~ th~ lOth ~y pf `luhQ , A.D. 19 ~1- aatwNn Lacy A. Thomas, Jr. and Judith ~?homas, his Nif$ uf $t• ~Ci@ ~~~~y f{aida, MreinaftN daig~+ated as the "MpRiGAGOR,° and FIRSf fE~ERAI SAVINGS ANO IOAN ASSOCIATIpN OF FORi PIERCE, • cu~par~t~on orpanised ~nd tx~st:np vnda tF~ I~wi of tM Un~ted S+aas o) Am.:ic~ unf having in principal plau oi busin~ia in th~ Ciry of Fon PiKC~, St. luci~ County, fbrida, Fwrrinafta desiynat~d as th~ "MORiGAGEE:' WHEREAS 1M MORiGAGOR is jvstly ind~bred to tM N10RTGAGEE i~ ~M wm of s 16~ • 00 , gooct and 1~~; fu1 ma~ey a( the Un~tsd Sra?es advanced by ihe MORlGAGFE un~o Iha t.10RivAGOR, ~s evidenced by • cau~o prom:uwp note oi e~r~+ dare r..rewah, of ~~h~ch the ~ollowinp in wo.ds and fipures is • irw copy, to-wit; _ ]6,000.00 ~ 3-17,121 P~.~., :c«d.. June 10 _ 1971_ fa val~e ~ecei,red, 1, we or either of ~s, prom;se fo pay, wi hout d~fslcation, ro ehe orde. of F1R5' FFDERAL SAVINGS AND LJAN ASSOCIATION OF FURi PIERCE at fwf P~erce, Flor:da, the :um oF ~ 16 +0~• ~ _ r,uh intexes~ hom date at the rsie o1g • ~ 7b pe~ annum, in monthly ir?ital{- ~nenrs u follo~vs: i 134. ~ on the 1 St ~Y ~f October ~9__ryi_ and a like sum on ~he carespa?dirg day o( exh month therr atrer until the whoie be fully yaid. . Each irotallment fus: shall be applied in payment of the interesr and ~Acn on the unpa~d bala~ce of ~he princ:psl sum. (f defauit is m~de in the ;:avmmt of any ins~altmenf when dve, and such defau!? conlinues 30 days, thcn af tbe option oi thc holder, snd without any othe~ nmice, all the ~emaininy i ~~nealtmenq shall be due a~d payable at once. Privilege is given to prepaY this oote in whofe w in par/ ~t a~y time witnout penslty. Neith~y fOtebearante. ~ nor acceptance by the holder thereof after any default in any paymeMS h~~eon, shall be ~eemed eatensio~. A late payment tharg~ of ~~7~ shalt b~ - ad3ed- to ea:h insial!ment remaining unpa~d 7 days •her its d~e date, a~d a lilce sw» shaft be addad to each svch installment remaining unpaid 7 days ~fter each urctetding pay~r.tnt date. E+th make?, surety and e~dorser hereof, joinrly and sevenily, waives dcmand, prcse~tmcnt protest and rwtice ot Esrotrs! for rw~payment, end further agrees to s~y eatension of time of payment, either beto~e o~ after mat~rity, withouf not~ce to any of vs; a.~d fo pay all costs of collect~on, intlud~ny • reasonabk ottorney's Fee i~ the tvent of any defautt hereu:~der, and hereby se~r.slly wa~ves all benefit of hon~estead and exemption under the constitufion a~~d tawi of each State of tFx United 5tates, as ag:inst this ob~iga?io~ a any extenxion q fM2WiI FICflO~. Witness the hand and seal of exh party_ . # /s/ La~eyYA. ?homas, Jr. ~ ' . s u i . omas ~u cs~?u $24.00 , (~/?U ~ l- 5tate Rev~nw NOW, THEREFORE, the MORTGAGOR fw the purpose of secwing paymenl of ~sid sum of = 16 • ~ snd th~ peifo~mance of th~ covenanri a~w agreements Acreinaiter exp~essed, and fa dvers yood ar?d wlc+We considerstions, by tl+ese presr+ts, does grsM, barpain, sell, remise, •eleax. convey and tonfirm vnro •he MORTGAGEE, ifs succeuon and assigns, ill tMa~ ce+tain lot, piecs or parcel of Iand, aitwte, iyinp, ~nd beinp in tlw Covnty d $t. L11C1@ s++d State of Flwida, described ~s follows: ~?he N 1/2 of the S~<<'~ of the SW'; of the SW=~ of Section 8, Tovmsh~p 35 South, Range 39 East, St. Luci~--County, t Florida, ~ ~ S(~~TA~~/~ ~A, r~/~F r L O 4-~t i u~~1/ V~ U~G~I~i~1V IM~y ~ ~~,`I~ ~ i ~r I RECEIVED S~-_~ IN PA. NENT OF TAXES ~ ~ ,lUNlt'71 ' ~ = DUE ON CU1SS 'C' INTRNGIBLE PERSfNAI P.'tOPER1Y, p O= PU~:S:'At4T 10 CFilIPT_R 2J7?~!. AC:S OF 1'l31. N v Dt~T.2t EE~fi~tif - F.`JG=i: PC~I:;JS. Cle:i? Cirtuit Cau~t P.B.+:oe:t ~ pg~t tct C1!Jl~t N. K'tCW~ES. JR St Lucie Cau;.ty Tax Collcctor By < - vEwn c~~c { ~ogerFwr with ~I! and singular th~ tenements, hereditaments and ~ppwtarKes therevnro belo~;rq a in a~rwiae ~pperainirg thsrelo. and ap renH, iswr~, ~ proc..~eda and pofits xuving snd to sccrue irom ssid pemises, ~II of which ue inciuded in the abov~ ~nd fapoirg dtscription and haben~un~ ?O HAVE AND TO NOLO ths above described ~nd yra~ted p~emwes unto tFK said MORTGAGEE, its wcces~on u~d ~u;ye~s torerK. /1nd th~ said the ir MORTGI:~p R(w heirs, exetuton, administrators and assigns, hertby covensnts with ths said MORTGAGEE, its suocesso~rs and p~ipey, thQy? aze ~s,~full seized of the ssid rhat y premises in fee simple: tMt tFN ~srn~ are fre~, clear snd diuharyed from al) liens ~nd ~ncv~n. brances in I~w w i~ equity, ~nd thst thQy will and the ir F+ein shali war~ant ~nd defend th~ titk ro tM s+m~ fo th~ said .1~ORTGAGEE, its succeators ard assipns, fpever aysinsf !hs Iawful claims and tkm~ndi of all persons; PROYIDED, AIWAYS fhs/ if tl+e MO~TGAGOR shall psy u~ro the MORTGAGEE the promissory not~ hereinbefore c4scr+bed ~nd shall huly, promptly ~ and fully periorm, d~sthar~, execv~e, compkte, comp!y wifh a~ ab~de by e~ch and every the stipulations, a~reamenb, conditioro a~d conenanq pf ssid promiuory ~ote and of tAis N~ortyage, then this Mwtgaye and the Estate he~eby peated shsll cease ~nd be nvll ~nd void_ IT iS UNDERSiOpD that thr word "ARwtyaQw" whe~Fxr in tbe singulu or plwal anywF~re in this Mwt9eyt, ahall be sinpular if on~ onlp and ihall be plwal joimly and severaNy if more tMn one, and that the wad "their" u used anywher~ in tF?is Matya~ shall bt taken to m~an "hq," "Fwn," o. "iri" wherever the cr,nte~t w impiies w admits. Atso, that whererer thero is • referemce in tM cwe~ant~ and greements herein tontiin~d to any of ihe par~ies her+to, the ~ame aMlt be construed to me~n as weil as tM he~n, ky~t rep~esentatives, wcceuas and sssiQro (eitl~er voluntary br acr of th~ pertie~ o~ inrolu~tavY by operatiw~ of the !sw) of the sarre a+d ri-at the covensnh he~ei~ conta~ned shall bind u~d tiw b~nefits and dvant~y~s inure ro tFie r~sp~ctiw he'as, leyal repiesentatives, succeswrs and au°yin oi ths putiet her~to. Md said Morty~ws, for tF~emselves and their hein. ley~l represcntatives, successps and sssi~ns, hereby joimly and stv~rally covenanf and ~p~ee to snd with the said MORTGAGEE, its successors and ~ssigro: 1. To pey all ard sinpular tbe printip~l and interest snd the variovs and aundry wms of mor?eY paYabte by vutue of said promis~ory ~wt~, snd tFp mort~+D~, sach ~nd ~+rtry, pianpt:y on the days respvctive~y th~ sarrw sewrally becane dw. 2. To pay dl snd s~rgvlu tl+e tsxes, aisess.nents, lev;es, fiabiGt~es, obliyataro arxJ encvmb~aoces of every nature and kind now on uid dexrib~d properry, or that hereafter m~y b~ impo~ed, wffe.ed. P~aced. kr~ed, a as~essed thereon. w tMt herea(ter may b~ kv~sd a ~ssss~ed vpon M~is Mortp. +ge, or tM G+debtedneu secvrcd haeby, each and eve~y, when due ~nd peyabb, sccadieg ro I~w, befort they becarn delirq~rent, and befor* ~Mr tMK~st at?ethes or a~ryr penalty is incurrcd; AND INSOFAR AS ANY THfREOF IS OF RKOR~ THE SAME SHAII aE PROMFiIY SATISf1ED AND OISCHA2GED Of RECORV AND THE ORIGINAL OFFICIAI DOCUMENT (StKH J.S, fOtt tNStANCE, THf iAX REtE1PT OR T11E SATISFA~TIOIV PAAFR OFflCIAILY ENDORSED OR CERTIFIED) SHAIt 8E CUICED IN THE MANpS Of SAID MORTGAGEE WlTHIN TEN DAYS NEXT Af1ER PAYMENT; and in the event tMr ~ny ti~eof a no! p:;d, sarified +nd d;scharged sa:d MORiGAGFE m~y at a~y time pay the same c.~ any pan thereot w+thout waiving or affecti~g soy option, tien, p~rity p •roF.t ~ndrr or by virtue of this m.o~tgaye :nd ?he f~ll a,.wunt of exh and every iuch paymsm sF~all be inmediarely due and payabl~ and ahall paar i1ltNpf ~•om the dalt 11~ereof votil pa~d at rate of n~ne per c~ntwr, pcr arr~um ~nQ toqether w;th s~ch inOt Rst st+~ll be secured b the lien of th:s m~v~tapt. Bo~K 19~ ~50 _