HomeMy WebLinkAbout1029 ~15130
THIS (N6[NTURE. Made the 27~ day of ~~st' , A.D. 19~~ , bet,ween
Jesse W. Porter and Sal v~ort,er, hia vi fle '
~
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of `St• ~lCie County florida, hereinalte~ desgnated as tha "MORTGAGOR;"and FIRST fEDERAI SAVtNGS AND LOAN ~
ASSOCIATION Of FORT PIERCE, a corporat~on organized and eziiti~g undrr the laws of the Untted Sutos of America and hwing h~ principa) pbcs of ~
busi~ess i~ the C'ety of Fwl Pieres, St. tucie County, florida, hereina(ter designated as 1M ~A'OR~~ E~
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of = b • goo~ and lawfui money of 1he Un~ted
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidrnced by a cena~n promisswy note of even date he~ew~lh, of which the followinp !n
o~ ;~n A figu.e~ a hve copy, to-wit;
S b _ ri,_ -1Ts~q4
Fort Pierce, Flo~ida, A~~t 2~ 19_i.L_ ;
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Fw value received, 1, we a e~~her of us, prom;s~~ poa~.;t~ut defalca~ion, to the order of FIRST FEDERAL SApVINGS AND LOAN ASSOCIATION OF ~
FORT PIERCE at fort P~ie~r~c.~e, Florida, the svm of S~~-_.l~__ w~th ~nterest from da;e at the rote of _57sY_;o per annum, in monfhly instafl-
:~,znrs as fol!ows: 3-~_! on ~he 8t! day of _~t0~9r 19_ 7~! and a like sum on the corresponding day of each month there-
after unfil the who~e be f~Ny paid.
Each installment (;rs~ shall be applied in paymam of ehe inrerest and then o~ the unpa~d ba~ance of the pr7nc~pal sum. If defsull ii madr in the
~ a;meM of any instatlme~t when due, and such drtau:t continurs 30 days, then a1 tNe opti~n of the hoider, and without any other notrce, alt the remainin9
~~~stallments shail be due and payab(e a1 once. Privilege is given to prepay fhis note in whole or in part at any time without penalty. Neither fotebearance,
nor acceptance by the holde+ thereo) aftrr any default in any paymen~s hereon, shall be deemed extension. A late payment charge of s_~~~~_, sha1) bs
~dded to each ins~aliment remainiog unpa~d 7 days alter its due date, and a I~ke aum shall be addad ro each such installment remaining unpaid 7 days ahtr
each succeeding payment dafe.
Each maker, surety and endorser hereof, jointty and. severelly, weives demand, presentmeN protest and no~ice of protest fw nonpayment, and iurther ~
syreea to any ex!ension of t~me o~ payment, eirher betore or atter malwity, w~thout nor~ce to any ol us; and ~o pay a? costs of colleaion, includ~np a ~
re~sonable attomry's fee in the event of any defautt herevndrr, and hereby severaily wa~ves alt benef~t of homesread and eaemplion under fhe constitution
v~~d laws of each S~ate of ihe Unired $tetes, as aga~nst this obGgation w any extension or ~enewal her~of.
Witness the hand and seal of each party,
s/ Jesse W. Porter ~Au ~
s Sa11y W. Porter
(SEAI)
~j[ (3~u S
( T~1 ~ 3~ ~ State Revenue
NOiN, THEREFORE, the MORTGAGOR fw the purpose of secu~ing payment of sa~d sum of j ~~~7W•~ , and ?he performance of the f
covenants and agreements he~einafter expressed, and for d~ve~s good and valu~ble considerat~ons, by 1F~ese presenti, does grant, bsrgain, scll, re~niu,
release, convey and conf~rm unto the MORTGAGEE, its succeasors and asaigns, all that certain lot, piete w partel of land, titua~e, lying, and being in the
County of ~ie and State of Florida, desuibed as (ollows:
• The East 20 feet of Lat 21~, and all of Lot 25, and the leTest 5 feet }
IIDI~TION i
oi vacated alley ad~acent to said I,ot 25 on t,he Sast, Block 5 oY LAWNWppD~
SUBDIVISION as per plat thereof on file in Plat Bodc 6, Page 6, of the Public
R~ecords oP St. Iucie Co~ty, Florida, ~
~'J ~inEs
~ 3 PE ~~,,,,~pa~vEa .
~ ~ I!-L ( C~` 'L L U F-i i J:~1 D41a~E
~ R~20724. A~1S OF 1911•
~ z ~ J C U*! ~`i T~ _ 5 I• ~ j, Y Puqs~?~1S ~0 rtod Couc1
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o = SEP-3~~1 : ~ . _ - - _ ROG'R ~tZR/?S~ ~ ~~IES. 1R~ ~
v~i c~ _ ="#=i as A~~r.t to~ DANIEI N•
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vf~r cfrE~~~`: ="'r',~' S 3 5= ~ Tax Gol{ecte~
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rogether with aU ind singular the tcnements, hereditamenti and appurqntes thereunto belorging p in ~nywise ~ppe?taininp fhereto, ~nd atl renb, issu~a, {
proceeds and profts sccru~ng and to accrve from said premises, all of which ~re included in the above ~nd lwegoirg destription and Mbendum. t
TO HAVE AND TQ HO~p the above described and gra~ted prem~ses unto the said MORTGAGEE, its successwa and assiynt fwevsr. Md th~ pfd ~
MORTGA R for Tijl@ r__- heirs, eaecutors, adminisrrators and assigns, hereby covenants with the said MORTGAGEF, ib successon +~d ~tsipro, ~
~hat --~e~ a~-- Iaw{ulty se~:ed of the sa~d prem~ses irt fee simple; that ths same are fres, cle~r and dixhar9ed f~om all lient and ~ncw~r j
o~ances in taw or in equ+ry, ar~d rhat t~y w~tl and t~iY' heirs shall warrant ~nd defend tFe tide to th~ sam~ to th~ ~aid ~
JNORiGAGEE, ih succcssors and assigns, forever against the lawful claims and demandf of all perspns; ;
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PROVIDED, AIWAYS that if ~he MORTGAGOR shall unto the MORTGAGEE the ' !
P+Y promnsory note hereinbefore deuribed and shaft fruly, promptly
and fully perfam, d~uharge, execure, complete, comply wirh and ab7de by each sr~ every the stipulsrions, ag?eemems, ca?ditions and covsoants of said
c~omissory note and of this Nbrtgage, ~hen this Mortgage and the Es+ate hereby created shall cease and be ~ull ~nd void.
IT IS UNUERSTOOD tMt the word "Mortgagw" whether in the singular w plural anywhere i~ this Mongaye, shall be sirgul~r if one pnly and
shall be plur~l jointly and uvera((y if mwe than one, and that the wwd "thcir" ~s uted anywhere in the~ Nbstflaye ih~ll be uken to me+n "his;' "hen;'
or "its;' wherever ~he co~teat so ~mplies or admirs. Also, that wherever there is a reterence in tF~e covenanri and aqreement~ hersin contained to any of
the parties hereto, the seme shall be construed to mean as we~l aa the heirs, Icgal r~present~tivef, successws •nd sssiqns (either wtuntiry by stt of tM
parties w involunfa~y by oper~?ion of the law) oF tFie same u+d that the covenants herein comained shall bind and the benetits and ~dvanlpta inw~
ro tF~e resptctive heirs, legal representatives, successors and ass gns oi the parties hereto.
And said Mortgaqor~, fa themselves and rheir heirs, legat representatives, successw~ and assiyns, hereby jointly and severally covena~t anQ ~pr~t
to and with t1~e s+id MORTGAGfE. its successws and assrgm:
1. To pay and fir~gutar the prirKipal and inrerest ~nd the various ~nd i~ndry iums of mpneY Psyable by virtue of uid promissory note. ~nd t?~is
mort9a9e, e~ch ~nd every, promptly on the days respectively the same sever~lly becane due.
2. To pay all and ~ir?gular the ta:es, aisessmenn, levies. liabilitief, obliy~tio~s and encumbrancea of tvery nature and kind now oe~ ~id d~wibed
property, p tMt hereafter may be impoted, wHered, plxed. !ev'~cd, a~sseased lh~reon, w~hat here+fter may bs levied w assestsd ~po~ tfiis Mort¢
ag~, a tM indebtednest sccured hereby, e~ch and wery, wMn due and payable, xcadinp to I~w, before they become de{i~queM. ~nd b~fw~ ~~y intKpt
artsches or any penalty is inturred; AND INSOFAR AS ANV TMEREOf IS OF REGORU THE SAME SMAII Sf PROMP/lY SATISFIED AM~ DISCHARGE~ OF
RECOAD AND 7ME ORIGINAL OFFICIAI DOCUMENT (SUCH AS. FOR INSTANtE. TME TAX RECEIVT OR THE SAi1SFACTION PAPER OffICIAtLY ENDORSEO
OR CERi1FIEU) SHAII 8E PtACEO IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFiER PAYMENT; and in the event that ~ny thereof is not
pa~d, sat s~ied and discharged sa d MORTGAGEE may a? a~y t~me pay rhe fame or any p~rt thereof witlwut w~iving o? sffectin9 any optioo, lien, ~q~rify p
•~qht u~der or by viriue of th~s morrgage and the i~1I amount of each and every tuch payment shall be immediately due and payable and shall b~ar inte~est
s~om the d~te thereof until pa~d a+ rate of n~ne per censum per ~nn~m and t ether w~th s~th mseresr shalf be secored by the leen of th:s morytape.
aooM 1~5 PacE 10z7
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