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Home My WebLink About0470 U' ~ . THIS INDENIURE, Made the 27th day of ~~dusL - A.D. 19~1~ bctween Warien M. Londo~'i and ~X B London` his ~if~ of SL . 1'uCle ~ County flwida, he~einaita designated as the "MORTGAGOR;' and FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, s corporot~on wg~ni:ed and exiiting u~der ~he lews oi the United Stat~s of Amaic+ and Mvinp it~ principal plac~ of busines~ i~ the City of Fa1 Piacs, St. lucie County, Flaida, F?ereina(ter dt~iynated at ths "MORTGAGEE:" WHEREAS tM MORTGAGOR ii j~stly indebted to ths MORTGAGEE in the sum of = 7•~OO• ~0 ~ pood end IawFul money of the Un~ted ~ S~ates advanced by the MORTGAGEE unlo the MORTGAGOR, as evidenced by a certein promissory oote ol even date herewilh, of which the tollowinp In words and figures is a rrue copy, towil: ~ ~3- j7 .34 5 f 7,80U.00 No ~ fwt Pisrts, Florida, Al~~l1SL 27~ 19_11 For value received, t, we or either oi p~om~se to pay, without defalca~ion, to tlw order of F~RST FEDERAI SAVING~i ANb tOAN ASSOCIATION OF FORT PIERCE at Fo~t Pierce, fb~ida, the sum of f 7~ 5~~• - w~~h interest from date at the rote of 8! 0_°io per ~nnum, in monthly install- ~nents as ioUowa: S 7~ •0O o~ ~h~1St day of OCLObQr 19__ ____~Lnd a liks sum on the corresponding day o1 each manth tFxre- atter unlil ttx whole be fully paid. Each instaL'~nent (irst shal! be applied in payment of the ioterest and then on the u~paid balance o1 the princlpal wm. If defsuh is made io the ~ Fayment of any inuallment when due, and such default continues 30 days, then st the option of the holder, and wi~hout any other notice, all the remaining lnstallments shal! be due and payable at once. Privilege is flivrn to prepay this note in whole or in part at any tima without penalty. Neither forebearants, i~ nor scceptance by the holde? thereof after any defau~t in any payments hereon, shall be deemed extension. A late payment cMrfls of = 3. 55 shal) be addrd to each instailnxnt remaining unpa~d 7 da s after its due date, and a liMe sum shall be addad to each such in~taltmenl remaining unpaid 7 days ~fter ~ each sutceeding paYmenl ry PA1fNpT OF TAXES V Eath maker, surety ~ealo~~e~bf~ d~ ~~~p~~nand, prese~tment protest and norice of prorest fo~ nonpaymem, and further . agiees to any extension of ~jy~r~R~~/o~w~Aff W~~hout not~ce to any oi us; and to pay all costs of coliection, i~cludiny a ' reasonable attorne 's fee i~f~~ v~{ ~j ~and hereby severally w~ives alt benefit of homestead a~d exemption under the constitufion ~ and laws of each State of 1!1l~~11tc+H~'~~~ a~i7~~ bbT+gaHon o~ any eatenaion or renewa~ hcreof. Witness ihe hand a~~ N' ` Tu ~ ,gf W rren M_ l~ndon (SeAU ~Au ~ ~ ~ s/ Mary B. London ~S~?t) ~ ~ ~ (S~w ( $1i.70 ) State Revenue :Sw.pa-cant~lld.aLOCi~iaal aot.~l ~ ~ NOW, iHEREFORE, the MORTGAGOR {or the pu.pose of ucuring paymenl of said sum of s 7~ 8O~ , snd 1he pe~form~nce of th~ cove~ants a~d agreement~ hereinafter exp~essed, and fo~ d'+vers good snd valuable considerotions, by these prese~+ta, does g?ant, bar9ain, ull, remiu, \ release, co~vey and confirm unto the MORTGAGEE, its successors and assign:, atl that certsin IoL piece or parcel of Isnd, situate, lying, and beinp in the SL . Lueie and Stste of Florida, dew~bed ai {ol{ows: ~ Lots 10, 11 and 12, Block l, as delineated on an unrecorded Plat of DIXIELAND SUBDIVISION in the SF.'4 of Section 27, Tovrn~ ship 35 South, Range 40 East, as sa~ae appears in the Public ' '~~"'~~~j} Records of St. Lucie County, Rlorida, in Deed Book 152, Page O _ 4Q3, said land being also described as follows: ` ; ~ ~ - - ~ From the Southwest corner of the SE 4 of Section 27, Township ' ~i~'~` 35 South~ Range 40 East, run East along the South line of said Section 125.12 feet, thence run Northerly parallel to the center- line of oziginal 66 foot right of way of [J. S. Highway No. 1, ~ W N a distance of 1748.93 feet, thence run East parallel_ to the ~~P South line of said Section 27, a distance of 60~.43 feet to the point of beginning (the same being the Northwest corner of l.ot i 10, Block 1, of the unzecorded Plat of DIXIELAND SUBDIVISION ~ thence continue said Easterly course 125 feet, thence run South ~ .-"~0~ 240 feet, thence run West 125 feet, thence run North 240 feet € : j. js to the point of beginning. .i ~ ~ r ~ ~ ~ ~o9ether with •II snd singular the tenements, hered~taments and appurbnce~ thereunlo belaging or in anywise ~ppertair?iny thereto, and ~11 nnb, issws, { ~ proceeds and profits accruing and to accrue irom ssid premises, all of which ue included in the ~bove a~d fwegoi+q descriptioo u~d ha6endvm. } TO HAVE AND TO HO~D the ~bove described and granted premises unto the said MORTGAGEE, ib sutcessors and +ssiqt~s fo~ev~r. And tFN s~id ~ their { MORTGAGOR fw heirs, eaecutors, sdministrato~s ~nd assigns, hereby covenants with the s~id MORTGAGEE, its t~atsso?s snd ~ui~m, Y I rhat ---th~ lawfully seized of the said prem~ies in fee simple; that the same are free, ckar snd diuharged from a!1 liens ud Mcum- i brances in Iaw or in equity, and that t~ Y w;11 and the ir heira shall warrant snd dafend the titl~ W the sam~ to th~ s~id ~ MORiGAGEE, its successors and as:igns, forever against the lawful daims and dem~nds of all persons; r PROVIDED, ALWAYS that if the MORTGAGOR shall pay unro the MORTGAGEE the promiuay note hereiobefore desuib~d ~rd thaU fruly, promptly and fully perform, d~scharge, execute, compkte, comp~y with and abide by euh and every the stipulations, agreementt, conditqns and cw~nsnts of s~id s ~ promissory rate and oi this Mortgsge, then this.Matgage and the Estate hereby veated shall ce~se and be r+ull ~nd void. ~ . r ~ IT IS UNDERSTOOD that the wwd °Mortgayor" whNher in the iingular w plurol anyv?I+ere in this Mwtya~e, ~h~tl be siny~lu if a» only and p shall be plur~~ jointly and severally it more than one, and that the wad "their" as used snywhere in this Morty~~e ahall be f~ken to m~an "his,'• ••Mn•• ~ or "~ts;' wherever the context w implies w admits. Also, that wherever there ii a reference i~ ths covenann and s~reements herein conuin~d 10 ~ny of ~ rhs pa?ties hereto, the same ihall be construed to mean ss well af the heirs, legal representatives, successon and ~~siy~u (eithtr volunury by acf of th~ ~ parties or involunt~ry by operefan of the law) of the same and that the covenants F+erein contained shall bind ~nd the benefits and ~dvantayp inw~ to the respective he'us, leg+l representatives, successors and as~'gns of Ihe parties hereto. And said Mortyagon, fw themxlvet and tFxir heirs, legal represenratives, tuccessors and ~uip~s, hereby jointly and severally covenant and apret ~ ro ~nd with the said MORTGAGEE, iti successo~s and assigns: 1. To pay all and tingular thc principal and imerest snd the vario~s and sundry sums of money payaWe by vhtw of said promisw~y rat~, ~~d this mortyaye, eacF? ~nd every. promptly on the dayt respectively the ssme severally beca?w due. - 2. To pay all and singular the taxes, asussmenb, levies, liabilities, obligations ~nd enc~mbrancea of every ~?sture and kind now on said dearib~d prope~ty, a IFu~ hsreafter may be impoted, wffered, placed, levied, w assesxd thereon, a tMt hereafte~ may be kvied a~sseased upon this Mwt¢ ~ age, w tlw indebtedness secured Fiereby, each and every, when due and payable, atcwdinp to law, befote they become deli~qwM, and before ~ny intNtsl atraches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGE~ OF RECORD AND THE ORIGINAI OFfIG1Al DOCUMENT (SUCH AS, FOR INSTAMCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFfIC1ALlY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAIO MORTGAGEE WIiHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event that any thereof is not paid, saYsfied and discharqed sa"d MORTGAGEE may at any timt pay the same w any part thereof without waivin~ or affectinp any optia~, 1'~er?, equity or •~pht under w by virtue of this mortgage and the f~l1 amount of each ~nd every such payment shsll be immedietely due and paysble and shaN beu int~res~ ~rom the d~te thereof vntil paid at rate of n~ne per centum per annum end together w~th such interest sMll be secured by the lien of th:s moryta~e. ~ gQ~9g ~ 470 K~.~~ _