HomeMy WebLinkAbout1595 21~5~_1
THIS INOENiURE, Made the lOth day of Se~tember , A.O. 19?.~.. ~tw.e~+
James ti. Thorne and tie~en r1. Thornes his wife
of _ S~ . Li1C lt Cov~ty Florida, hereina(ter deignated as the "~l10RTGAGOR," a~d FIRST FEDERAt SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, • co~paalion wgani:ed and ea~sdng unda the laws o1 the (intted Srat~s of Ameriu aod havinp its prirxipal pi~c~ of
bus~n~u in t!N Ciry of Fal Pisrce, S?. luci~ County, flwida, hersinafter deiiynated ai tM "MORIGAGEE:'
WNEREAS the MORTGAGOR is j~~t!y indebted to the MORTG~t6EE in the sum of S 25 ~ ~QQ - good and lawfvl money of the U~ited
S~ates advanced by the MORTGAGEE unto the MORiGAGOR, as ev:denced by a ce~~a+n promiuory note o( even dare herewith, of wh+ch Iha (ollowinp in
~osds and fgwei is a trus copy, to-wit:
~
s 2 s~ ono. no N,_ 3-17,38'7 i
Fwt Pieres, Fia~d+. Sgptember 10~ ~9_~ ~
Fw value received, 1, wa w eithe~ of us, promise to pay, withoul defalca~ion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSRJCIATION OF
FORI PIERCE at Fwt Pierce, Florida, the sum of S~-~aQ~ ~ 0O wi~h interest from date at the rate of 7• 5 R; per annum, in rtw~tAly install-
~„~nrs ai followi: S 2O2 on the 15 t day of January ~ ~q 72 _ and a liks sum on ths correspond~rg day of each mw~ih rhe?e- '
atter uMit the whole be fully paid. {
, Each ins!alirreeni first shatl be applied in paymenl of Ihe interest and then on the unpaid balance of the prlncipal sum. If default is made i~ ths
• paymeM of any installment when due, and x~ch defauft continues 30 days, then at the option of tlx holder, and wi~hout any other r+otice, all ths remai~inp
~ ~n;tallments sha(I be due and payabte at once. Privileqe i; g+ven to p~epay this note in whole or in part at arty time without penalfy. Neither fotebearance,
~ nor acceptance by 1he holder the~eof affer any de(ault in any payments hereon, shall be deemed extension. A la!e payment charge of = 10•1~ shall be
added to each installment remaining unpaid 7 days after ih due date, and a like wm shall be adc+ed to each such installment remaining unpaiti 7 days after
~ i each succeeding_ payment date. •
Eath ma4er, surety and endwser he~eof, jo+ntly and aeverally, waives demand, presentment protest and notice of prolest iw nonpayment, and furtF?e~
~ agrees to any extension of time of paymeM, either betore w after matu~ity, without ~o1~ce to any of us; and to pay all costs of collection, includ~ng • e
- rrjsonable atto~ney's fee in the event of any default he~eunder, and hereby severotly wa+ves all be~efit of homestead and exemptioo under the cautitWion p
and laws of eath State of tbe United States, as against this o6ligation or any extension or renewal hereof. '
-_e
' Witneas the hand a~d seal ef each party.
~ s/ James H. Th~rne ~AU ~
(s~u)
s/ Helen A1. Thorne ~y
r (SE1?U
~ ( ~ 37 • ~ Stata Rsvenue
~ R~aps ~osall~k~a~qgica~ w~
NOW, 1HEREfORE, the MORTGAGOR fo~ the purpose of securing payment of said sum of = 2 S• 000• ~ and 1F~e pcrformance of the
\ covenants and agreements here;nafter expressed, and for divers good and v~luable considerst~ons, by these presents, does gr~nt, bargain, sell, remise,
release, convey and co~f~rm unto tfie MORTGAGEE, its successors and auigns, all that certain lot, piece or parcel of Isnd, situ~te, tyiny, and beiry in tM
County of St . LuCle and State of Ftorida, dexr~bed +s follows:
The South 150 feet of the South 300 feet of the South 11.75
acres of the North 24.75 acres of Fractional Section 7~ -
T~ownship 36 South, Range~41 East, together with riparian rights. ~
EXCEP?ING, however,from the at~ove description all rights of way
of the Florida East Coast Railway and public roads„i
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~ SI~AI t~F N L U I~ 1 U A
v ~ DOCUMENTAp" STAMP TAX ~
~ = SEP13'71 'd _ REOE."~D 5---~~ fN PAYIlEIYT OF TAXf~ ~
~'.E GM~ CIASS 'C IiRIWGIBLE PEQSC'MAL ?ROPERIY,
~ ~ ~~T.~ R~~ ~-s- ~ 3 7 5 0 = To ~„~T~R ~~s ~ ~
P.8.1901~z ~'CC'e POfrRASq Cler(~ Circuit court ~
u It~ait tor OIfNIEI N. KNOWLES, 1R #
St luci~ Gunq Tax CpUector !
~
~ ~ !
rogether witi~ all and singular the tenemenn, hereditaments •nd appurtances thereunro belonginy w in anywise ~pperta~ np thertto, aex! ~II r~nb, iuues. ~
proceeds a~d profitt xcruing and to acvue from ssid {xem~sa, all of which ~re included in the above ~nd foreQoinp dtscripfion ~~d habetfdum. [
TO FUVE AND TO HOlD the above deu~ibed and gramed p?emises unto the said MORTGAGEE, iri wcceswn and suiQm fwev~r. Md tM said ~
MORTGAGOR fa th@lY ~~rs, executors, administrators and as:ig~s, hereby toreiunri witb the said MORTGAGEE, bs wtceswrs ~nd ~ssipns, ~
fhat th~ dIC _ tswfully seized of rhe wid p?emises in fee simple; tF~at the same ~re fr~e, ck~r and disch~rqed from all li~ra and ~ncv~ ~
brances in law a in equity, and that they W~~~ theiz hein shall w~rrant snd dtfend tM titl~ to tM wm~ to 1M a+id ~
htORTGAGEE, its s~ccesswa ~nd ~uigns, faever against the Iawful clsims and dema~ds of all persons; i
PROVIDED, AIWAYS that if the MORTGAGOR sMlk pay unto the MORTGAGEE the p~omisswy not~ hereinbefore dewibed ~~d sAall Muly, promptl~ ~
and fully pe~form, d~uharye, e,cecute, complete, comply with and abide by esch and every the stipulations, ayreerteents, conditiau and covenanri of ?aid !
p~omifsOty rate ~nd of this Mortgage, then this Mortgage snd the Estate hcr~by ve~ted ihall uase and be null and void.
IT IS UNOERSTOOD that the word "Mortgagw" whether in the singubr a plural anywhero iri this Mortya9e, ihall be sin~ular if on~ only ~ad
~h~ll be plural jointly and stveratty if mwe than one, snd that the word "their" ai wed anywhere in ibis Mortpay~ shall b~ fake~ to mean "his," "Mn,"
or "its;' wFx~ever the context w implies w admits. Alw, that wherever there is a reference in the toveMnri ~nd ~yrae~nenri Fwrein tontain~d to My of
rhe p~nies hereto, fhe ssme ~hsll be co~etrued fo mean as well as the #~eirs, (eyal r~p~esentatives, suculson snd assiym (eHher volunary by ~ct of tM
parties w i~voluneary by ope~ation of the Isw) oi the s~me and tha~ the covenants herei~ cantained iMll bir?d ~nd the b~nsfiri ~nd advantyp inw~
ro the respective heira, kysl ~cp~esent~tives, successws and ats~gns of the parties hereto. `
Md said Nb?t9apors, fa ~hemselv~s and their heirt, lepal representativef, sucussat ~nd auiyns, htreby jointty ~nd Mvtr~tly tovtna~t ~nd ~pnt "
ro ~nd with the said MORTGAGff, ~4 ~uccesson and assigns:
1. To pay all and tirqvl~r !he principal and imereit ~nd the variaus ~nd sundry wms of money p~yabk by vi~tue of said promistory not~, and thh
mortp~ye. ~~ch ~nd every, promptly on the day~ reipectively the same stwrdly becort~ dw.
2. To p~y all ~nd ~iny~lar tFK taaes, asussments, levie~, liabilitiet, oblipatans ~nd encvmlxanc~s of every natur~ ~nd kind now ot~ said dtwFb~d
prop~rty, a that hereaher r?wy be impw~d. suflereQ. Pl~ted. I~vied, w~s~essed thereon, a that Mr~~ftN m~y b~ (~viN! w as~~ssed vpo~ this Mwt¢
sfle, ot th~ indebtedneu actured hereby. ~~ch and ~v~ry, when dv~ ~nd pay~bte, accordirg to I~w. t»for~ tMy becan~ d~linawnt, ~nd b~fa~ ~ny 1n1~~
•rreches a~ny penalty is i~tur?ed; AND INSOFAR AS ANY iNEREOF IS Of RfCQRD THE SAMf SHAII 8E aROMViIY SATISf1ED AND DISCHARGE~ OF
RfCORD AND THE ORIGItvAI OFfICIAI OOCUMENT (SUCH AS. FOR INSTANCE, TNE TAX RECEIPi OR THE SATISfACT10N PAPER OFfICIAIIY ENOORSED
OR CERTIFIED) SHALI 6E PIACED IN TME HANOS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYNtENT; ~nd in tFw ~v~nt thaf ~ny thertol b no~ ~
pe~d, •at sfied •nd d~uhuged sa:d MORTGAGEE may a1 any hmc p~y Ihe ~~me pt ~ny part ~hereof without w~ivinq or •ffectirq ~ny option, leen, equity w ~
•~~ht under o~ by vinue o~ Ihis mo~ig~ge snd ~he f~ll amovnl o~ each •nd every ~uch paymenf shall ba immediat~ly dua and pay~ble ~nd shall b~a~ inttrN~
~~om rhe d~r~ ~hereof um~l p~id •r r~te oI mne per cemvm per •nnum •nd ~oqe~her w~rh svch int~~eu •hall be ~ecured by iM li~n oi th'~ moryta~. f
eooK 1y5 PACf 1593 '
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