Loading...
HomeMy WebLinkAbout0644 21(j`if~ i ~ ~ TNIS INOFNiUAE. 1Mad~ the 14L~1 d,y of _ June A.Q. IV 7~., bctwee~ J. P. Reeves,_a sin~le adult ^ _T`__ _ _ oF _SL. L.11C18 M~__~ ~W~ry r~«~~ }y~eina(te~ des:y~+a~ed a~ the "MORTGAGOR," •nd fIRSi fEDERAI SAVINGS ANp IOAN ASSOCIATION OF fOR( PIERCE. ~ corpaanon aga~i:ed and ox~s~inq ~r~der fM I~w~ oi ehs Um~ed 5~~~~? ol Amsric~ ~nd luvin8 its principal p4cc of b~urwss k? ~M Ciy o} fwt P~~.c~. St. lvci~ County. ilo~id~, hereinahH d~~i~~~ted as th~ "NWRIGAGEE:' VlHEREAS tM MORiGAGOR it 'ry~tly indebted to Ihe MORTGAGEE in the sum o( s14:~~0~~______ floo~! bnd lawiu! m.oney o( 1he~Un~ted S~ares ~dv~nc~d by the MJRIGAGEk unto ~ha MOR(GAGOR. ~s ev~dr~K~d by a c~~b~n wo~n~ssc~y note of eve~ dare he~ew~r6, of wh~ch ths lo:towiny io Nords and f~gures is a ~~us copy, ~o-wu; ; _ 1Os000.00 r,~, 3-27,130 F«r P».~•, F~o•~d.. _ June 14, ~y 71 fw value rcceived. 1, we a eithe~ of us, prom~se to pay, without dclelcatia~, to ~he o.dcr of F12ST fEOERAI SAVINGS AthD LOAN ASSOCIATION OF t.~Ri PIERCE at Fat P~c~ce, fbrida, the sum of s. ~Y?~~QQ _ _ w,th i~uc~ef~ from date al the rote of _B~Q,~ pcr annu+n, in mpnthly ins~all. •,•.,~~s as fol!o,tis: Z-~a•~ _ on ~he _1St d~y of --_-~u~st . 19_ 71. a~d a hke som on th.: correspond~np dey of each mon~h thert- er'e. un?il ~he who;e be i~7ty y,an~. Exh ~~ntali~nr~t firot a~ull be app~~rd in paymrn! of ~F~e inrrrest and ~4_•n o~ thr ~npa~d halancc oi ~i~c prirx;pal aun. (f default is made ie tfit ~.~.~»rnt ot eny n.stal_•nent ~Yhtn due. a~x! such driauh taitinves 30 days. then at the o~v~on oi d~e noick•r, and w~rFwue any orhrr norice. all !he remriniog mr.!lmeny shail be dve psyab:e a~ once. Pnv+l~ is gwe~ to prrpay this rate in whoir or in pan ai any Gme without penalty. Neitl~cr lorcbearance, nn~ accept~~+ce by ~he ho:cie~ thereof afte~ aoy default in anY paYme~~ts herron. shall br deemed e:tension. A I~te paymenl charg~ of S 4~~ , sFNll bs ~:id.d to each ins~aN:ne.~t remai~ung unpa~d 7 days aher its due da~e, and a Lkr sun, ahall t,e add~•d ~o each such inltaltment tlm~irti~y unpiifl 7 t~y~ aNN rach s~KCecdirrg vaYnzenl ddte. - F.+ch maker, sure~y a~~d enclars~r hereol. Ianily and severally, waives demand. y~rienunrnt protest and oa~ite ol prp?tit tot nonpayr~~nl, ~nd (urlher eg~res to a~y !?tensien oi hme pf payment, ~ithrr ~fure w afte~ maturity, witho~t nonce to any ol us; and ro pay all coa~s of colt~c?ion, inctud~nq a re.+sonabk atta~xy s tce ~n the e~~nt of any tklault hereunde~, and her~by serr~ally wa:ve> a~l benef~t o~ Fwmes~cad aod excmption under the constitWion ~.~d taws of each State o1 ~fie Unrtcd Sta~es, as aga~nst this o~~yabon or aoy eatens~on or renrwal hereo(. W~r~xss the hand any se~1 of eah party. s/J. P. Reeves, a singl~ adult ~ ts~?U cs~~u ~ $15 . 00 a Srare ae~s.+w ~SEI?U NOW, THEREFORE, Ih~-iYt7RTGAGOR for the purposs of securing paymenl of said aum of S 1~~~~`~ u~d th~ pa,formance of th~ covcnants and agreem~r:rs here~~afre~ expressed, snd t« d3vers gow! and valwble considerations, by ~hess presents, does grant, bar~~in, sell, remiie, ~ *e~ease, ca+vey and corfi~m unto tM MORiGAGEE, ib wccessors ~nd sssi~~s, al( thal ce.~ain tot, piece w parcel of land, situate, lyinQ, and beinQ 1n tiwr County of St . Lue ie Stete of fbrid~, desvibed a~ (dlowt: Lot 25, Block 1~ E1.DORADO ~BDIVISION, as per plat thereof recorded in Plat Book 8, page 2, public records of Saint Lucie County, Rlarida, ' t ~ q~ryE~ O. ~ t ~~r ~~~APiER E ~ t~11(ES F~11TR~$1 G!~ ~y~ ~S ~ 1941~. EAn'. ~ i ~ t-~ ~8rnt lor DANIE~Y ~+rt V ~ 1. r i.. i 3 i r X , t ~ n• ~(1W1 rn lR V ~ L"~' ~!s ~ _ ~ T~ `~~,~J~ - ~z = t5 0= J~ ~ ~~i5'~1 , Q _ C C11 F-~ C: - ' ti _ r . N oi.~.~ :ftc~_;,c ~ ' P.B. ~ s a~~ z'~ ~EPU1Y qE~ rogether wGth aIl and singuls~ the tenement:, heredipments aod +ppurtances thereu~to belaginy or in anywise appertsininp ther~M, and all r~nri, iuv~s, p~xeeds and profin sccruing and to a~uoe Irom said premises. all of wh~de are included in the a~ove and foreyoirg descriptan and habend~an. TO HAVE AND TO HOI~ rhe above dewibed and gqMed premises unto the sad AhOR?GAGEE, iq wccessors a~d auiyns fwever. Md th~ ssid their MDRTGAGOR fo~ - heirs, e:ecuton, sdmin~strators and sssigns, he~eby covrnants with the said MORTGAGEE, its tuccesson aed iuipns, 1~Dt _t he a re tawfully sc~zed o! the aid premises in fee simple; that the same ~re fre~, ck~~ ~nd dixharged from •II lier?s and ~ncvm- brances in law w in equity, ~nd that they will sod their ~ws shall wKrsnt and defe~d the title lo the tsme fo tlw s~id MORTGAGEE, in succeuors artd assgns, faeve• agsirot the larviul ctaims and demands of •11 persorq; PROYIDED, ALWAYS tFat if the MORTGAGOR shaN psy unro the t~AORTCsAGfE the pro~nesso?y rwte heseinbefore dexribed ~nd ahall twly, ptomptly ar.d fuliy perform, d~uhsrge, excc~!e. compk~e, campty w~tF~ and ab~de by e~ch ar+d every the ~tipulations, ayreernenq, conditiom and covenanb pf said promi~fp~y note and of this Matgage, ?hen this Mortgaga and the Estate hereby creat~d shsll cease and b~ nu11 ~nd void, . IT IS UNDfRSTOOD tMt the wwd '"Mwtgsgw" whcther in the singulsr a p~wal anywhe:e in this Mortgage, si~aN be sinQulu if one only ~nd shsil be plur~l jointly and severaHy it rtwre than ~w~e, a~d that the word "their" as used ~nywhere in thn Mort9ay~ shall be taken to me~n "h'v: •/'hen; • or "its;' wherever the conte~ct w implies w adm~ts. Also, that wherever there is a refere~ce in the covmants and ~qreements hertin conuined tp any o( ihe parties herero, the same shaN be conatrued to mean ss well as the hein, legal represe~tatives, wtcessors snd assip~n (either voluntary by ~cf of eM partiq or ~nvolun~ary by operarion of ~he law) of tF+e same snd ~F.st she covenams herew~ contai~ed shall bind snd tMe benefia and advu+tapes irwn~ ro the respective heirs, kgai represcruatives, wcceasars and su'9~s of fhe parties hereto_ Ae~d said Mwtg-sgo~s, Tw Yt+emselves and rheir heirs, legal rep~esentarires, ivcctssws and auiQr.s, Froreby jointly and severally covenant a~+d syr~e ro ~nd with the said MORTGAGEE, its wccesson and a~signs: _ 1. To pay all ~nd singular the princ;psl and interest snd the vuiovs ~nd sund?y suma of money pay~ble by virtue of said promiswry not~, and this r„arfyye. each and every. w~P~N on ~he day~ respscti~cty the sa~ne severally bec«ne due. 2. To psy ~II and aMgulx the ta:e~. auessmcnrs. levies. Iiabilifies, obligations aed encumbruaes of every nstwe ~rd kind npw on sa;d deKr~d property, p thaf hereaf~rr may be ~mposed, wffaed. Pl~ced. kvied. w+sseued the~eon. a thar herea(ter may be levied w auessed epa~ this Mpi~. age, a the iodebtedneu secv~ed hereby, each ar~d every, wl+en dve and psysble, xcardirg fo law, befare they becam~ delinq~ent, ~IId ~t(OIt M!y FMN!!f attaches a any penalty is incurred; AND INSOfAR /?5 ANY THEQEOF IS OF RECOR~ THE SAME SHAIL BE PROMPTIl' ~A1iISF1E0 AND DISCH/1RGE0 OF RECORD AMO TNE ORIGSfvAI OFFICIAI OCKUMENT (SUGi AS, fOR ItVSTANCE, THE TAX RECEIPT OR THE SATISfAC110N PAPER dFFICIAIIY ENOOR5E0 OR CEQi1ftE0) SHAt[ BE PiACED IN THE HANDS Of Stlp MORT~A^vFF :YliHIN TEN DAYS NEXi AfTER PAYMENT; and in tlx event tMt any theqof is not paid, sa+'s~~ed and diuharged ya'd MORTGAGEE msy at any t~me nay the same a ~ny part tF+ereof without wsiving or affect~ng sny optipn, lien, eqvity p •~qht under o~ by virrue of th~a morrgage and fhe f~fl amount of esch and every svch paymem shatt be ir~mediatety dve and paya4k and thall bear intsrssf ~ i.om rhe dare ~F+ereof unti! pa~d sr rare of n~ne pe. centum per an~um and +ogefher w~~h such inre?eit shall be secured by ~F~e lien of th-s, mor9u~e_ a~oK 1~ ~