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HomeMy WebLinkAbout0646 ~~~~i~ ~ i THIS INDENTURf. AAad~ rne 1C~th ~y ~ June A.D. 19?1 , txiwe.~, Willian~ H. Pierce and Yina Pierce, hizs wife ' ~ _ p~ St • 1.UC~P ` County florid~, h~.e~naltet d~sw7natrd a~ the °MORT3AGpR," and FIRST FEUERAL SAVINGS AND IQAN ' AS$OCIATION OF FORT PIERCE, a corpcwatan a9ani:ed and ex~icnq undr. ~he laws of ~ha tlnned Sut~s of Amr~ica and Mring ib p~inc:pal plac~ of bu~a~tas ir~ eM tity of Fort P~rce. S1. L~rcis Cou~ty. Flo~id+, hereinaht~ dasipnated as tM "A10RiGAGEE:' WHEREAS tM MORiGAGOR is juslly indebted to 1M MORTGAGEE in the sum of S 10~~~~~_~__, t,~COd and lawful money oi tF~e Uo:1ed Srates advancrd by the MORIGAGEE ~nto ~he MOR(GAGOR, a~ ev~dn~xcd by a cena~n p~om~ssay nott oF e~en date he~ew~th, pf wh~ch r~~ ioltowUg in ~nord~ •nd fegura it a true copY. to-wie: - s IO,000.00 ~ 3-17~120 fwt-R:e~ce. Flaida, June 1~~, 19_ 71 for vatue r~ceive3, 1, we or eiti~e~ uf us, ~xomix Io pay, without defalcauon. ~o fhe order ui FIRS( iEUERAt SAVINGS AND IOAN ASSOC:RTI(7N OF F~)RT PIERCE at Fpt Pie~ce, Fbr.Ja, the sum of j_ 1OL~~~~ w~~h ~~~rrrest from date at ~he rate o(8! ~_°o pe? annum, in mor~lnly i~stall- ~~~r~~~s as fo~lows: S~'2-4!~ a+ ~he _ 1St day of AuQt1St. Iq 71_ anJ a G4r sum on the correspond~n9 d~y ot exh month there- atrer until the r.•hC!e be fu~ly ~~d. Eecl; ,nsrellrKnl firs? shall be app!~~~ in pe~~ment of thr inle~cst and tAen on the unpa~d balance ol 1he print~ne~ sum. If de~avh is made in 1hs ,~ayme:~t of any installmenl ~nhen due, and wch drfauh cav~riues 30 days, thrn a~ the opt~on of ~F~e hotder, and w~thout ar.y other not~ce, at1 the remaining .=~atGnants shal~ 4r d.,e arui payab~e at once. Prw~l~ge it gFvrn to prcpay this note :n whole or i~ part at any t„rK without pe~wity. Ne~ther (aebearance, nor xceptance by ?M^- Aolde~ therrol ehr~ sny defaulf in any psyments hereon, shall ix deerned extension. A late peymenl tharge of S- 6~20 , shalf be ~d'Jc~' t•e.th instaGrnent remammg unpaid ) J~ys afte~ its due date, ant! • LAe wm shall kx addrd to each such imtal:men! remaining unpaid 7 days after eac~ s~ceeding patmrnt date. Exh maker, surery and e~:dorser heieof, ja~nlly and severally, warves demarxi, presenrment p~otrst and not~ce of p~otei~ for no~paymeN, and further ag•~rs tp a~y a~oe~~uo.~ of t:me of payment, e~thr~ brfore w aiter mawnry, w~tl,oue no!.ce ~o any ot us; and ro pay all coses of collea~on, includ~ng a ~~afOnA~i! arorney? fre m the event of any drfau?t Ixreundrr, and hrreby srve•ally' w-a~ves al! !.enrf;~ of hc~mestead and exa~pt~on u~der the tonslitution J ,:,.i ':ws of each Si.te of !he United States, as against this ob:~gation or a~y extens~on or renrwal hereof. Witress ~he hand and ieal of each par~y_ s/Wil2ian N. ~iezce - ~~U csEwu s ina Piezce ~AU Sl S.OO l- - 1 Sta~e Revenue ~ ~ NO'dV, THEREfORE, the MORTGAGOR fw the purp~se of secvrir+g payment of saCd sum oi ~QaQ0O.~0 , ar•d M~e periwnynce of tl» covena~ri and agreements hereinalfer ezpressed, and fa d~vers good and vatwble cons~deratipns, by these prese*~b, does grant, bar~ain, sell, remise, re!eaae, convey ~nd conf~rm u~to the MORiGAGEE, its tucceuws and aas~gns, all tha~ certai~ bL piece or parcel of land, siiuate, lying, and being in the County of St . Lue ie ~ S~ate of Ptw~da, deur~bed a~ fot(ows: All of Lot 21 and the North 10 feet of Lot 20, Block 2, of KILLER AND DEh~iBR~S ACpITION to Fort Pierce, Florida, as per plat thereof on file in Plat goQk 2, at page 10, of the public records of St. Lucie County, Rlorida,-~ ~ D~~i- - IN PATNETIT OF TAXf$ t R£CENED = ~ WE 0!1 CIASS 'C YITANGIBtE PERSONAL ~n, R 20724. IICiS OF 1941. c'~' .S'1 A 1 C_~- t- L CJ' i~ ~ sJ;a PuRSUANT To ~~tt~it Court j?}- ~~C;~~•:t;:_~.:= S;. T. X ROGER POITitAS. Z - - f~~ . y ~ ` ~ - i s"ri !'`s Y~ , = as Jlgent fot D11NIEl N. KNOWLES. 1R ~ N° = 3~[a?;~ j 5 O O= St tude Co~nh Tax Couettor = L~I~.ifF L~~i~:~ ~ . P.8.~9oi~z ~ ~ _ - - gY pEPii]Y CIERK rogetl~ w~th atl and singvls~ the tenemenri, heredibme~ts and +ppurtances thneumo belonging or in arrywise apperta~nin~ therero. ur~ ~11 rents, isswt, p~xceds snd pro4~ts accruing and to xcrue from said premises, all ot whlch ~re irxiuded in the above and foreQoir~ desniption and habendum. TO NAVE AND TO HOID the above described and granted prem~ses unro rhe said MORTGAGfE, its successors snd auigr?s forwe~. Md th~ s~id •~'~tORTGAGOR tor ~-~-r--- he;ra, ezecuron, adminhtrsfors and assgns, hereby covenaets with the said MORTGA~EE, it~ wccesson ~nd assiprp, rhat - th-gY ar~-- Iawfvlty u~zed of the said premises in fee simple: tMt the s~me ~re frte, de~r and dixhar9ed from all liens ~nd ~ncv~ . t branCM in I~w a in equity, ar+d tha~ they w~~~ t~ lr heirs shall wura~t snd defend tht title to rh~ sae~t to tl~e wid MORTGAGEE, its successws *rxl assi~ns, iwever against fhe fawfvl claims and derrcands of aIl pcrsons; PROVtDED, AlWAYS ~hat if the MpRTGAGOR shatl pay uMO the MORTGAGEE the pomisary nore herein6efore deacribed u+d si~a11 tiuly, promptly and fuUy perform, d~xMa.ge, e¦ecure, compk~e, compty wirh and ab~de by euh and eve.y the s~ipulations, agreements, co.~di~ions and cov~nany of said prom~uuy note ~es~ of ~his Mutgage, then thi~ Mwtgage ~nd the Estate hereby created sh~ll cease and be null and vod. - IT IS UNDERSTOOp tlyt the word "Mortgagw" whether in the singular or plural a~ywhere i~ thfs N{wt9sge, thail be sinyulsr if on~ only Md shal! be plur~! jointl~ and sevcrally if more +kan one. ~nd tMt the wad "theii' as used anyvihere in this Mwt9ay~ sha~l be ta4en to mean "his:• •'hery•• or "its." wherever the contexr !O implip or admits. Also, that where~er ~hrrc is a reference in the co~anants and ~yreements hcrein cont~ined to eny of fhe p~n;cs hereto. the tame ahall be cantrued to mein as wel! as the he:rs, kga! represcn?~lives. successors and ~uiyro (sither voluntary by act of tM part~es a inwlumary bp operation oi the Iaw) of the samc and that the covenants herein conuir~ed shall 6ind and the benefits snd advanta9ts inw~ ro the respect~ve he'us, legal re~resen~at~ves, svccessors snd eu'yns of the pa~t~es hereto. Md a~~ Matgsgxs. fa themselvp and their hein, (eyal represen:~Mes, successors ~nd assigns, her'by jointl~ and sevpNly covenan! and ~Q~~e ro ~nd with tFie said MORTGAGEE, irs ~uccessors and ~ssgro: 1_ To pay +11 ~nd s~ngular tht principal and internt and the var:ovs u~d svnd~y s~ms of money paYable by virtve of said promiswry not~, and tlwr mort9a~e, each and ~very. promptly on ~he days retpectively tht s~me sevtrally becoms due. 2. To pay all ~nd wnpv(u ~he taxes. ~ssessmenn, t~vies, tiabi6ties, obliy~tions and sncum~ance~ of eve~y narwa and kind now p~ u'~.+ •+•~crlbd p~operty, w that hc~eaiter may be imposed. ~uffereA, pl~ted, levied, or sssessed thereon, a thsf hereafrer rtNy bs levted w asses~ed-~pon thia Mort¢ aye, or the indeb~edne~~ secured hereby, each and every, when due and payable, sccwdirg to law, before Ihey become delirpuem, ~nd befor~ ~ny intN~st a•reches w arty penalty is inturred; AND INSOFAR AS ANY il1fREOf IS Of RKORD THE SAME SMAII dE PROMPTLY SAi1SF1ED AND OISCH/?RGED OF RECORD AND THE ORI,~-slt3Al OFfICIAI OOCUMENT (S~KH A5. FpR INSTANCE, TNE TAX RECEIPT OR THE SA~ISf4CTION PAPER OFfIC1AllY ENDORSE~ OR CfRTIF1E9) SHAII DE VLACEO IN THE HANOS Of $AfG MORTGAGfE WITHIM lEN pAYS NfXT AF1ER PAYMFNI; and in ~he event lbat ~ny tl~enof is e~M psid, s~t sfied and d~xharg~ sa d MORTGAGfF inay at any nme pay 'h~ ssme a any pa.t thereo( wi~hout w~iving o~ affrcting ~ny option, lien, eqvity a •~qht unde~ or by virtve oi this mortg~ge and the fu~l amw~n~ o} each snd every such payment shall be ;mmcd~are~y d~e and Pa~ab~e and shall bea~ inte+est - ~~om the da!e thereo! vnt~! pa;d a+ rate of n~ne per centvrn per rnnum and ~oye~her w~rh0 R imereit shall be secured by ~he tien af ~h:s mor9tsye. ~ BQUK 19~ s~ ~ -