HomeMy WebLinkAbout1378 2i'741~ ~ ,
TNIS INOENTURE, Made the 14th dey of - ~CLObQ~ _ q.D. 19~21., be?wten
_ _ Wa2ter fi Slston nd Mar,j~~ M, ~l=~en~_ h~
~_x~g _
of _ $t• 1.{~~@ County Fb~ida; hereinafte~ dri~gnatrd as the "MORTGAGOR." and FIRST FEDERAI SAVINGS ANp tOAN
ASSOCIATIGIN OF fORT PIERCE, a corpora~~on organizcd and ea~sting uoder the laws af tFu Un;ted S+at~s of America and having iq principal piace of
b~s~ness in tM City of fort Plarce, S~. lucie County, Flori~a, ha~einaftsr des~gna~ed as the "MOR7GAGEE:'
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S.-65~~~!~,-_ good and lawf~! morry of thr Un.ted
$~ates adranczd by the MORiGAGEE unto the MORIvAGOR, as ev~denced by a tena~n promissay note of evrn darz hrrer+fh, of wh:;h ~ne fo~~o~n~ng in
.vords and figures is a true copy, to-vvit:
s_ 65~000.00 ~,,0 3-27,510
Fo?t Fierce, Florida, ~t0~r 14 _19 71
Fa value received, 1, we o~ either of vs, p.om~se to pay, ~.~ri~hout defalcat~on, to the ordr~ of fIRST FEDERAL SAVINGS AND IOAh ASSOCIATION OF
~ JRT PIERCE af fwf Pie~ce, Florida, the sum oi 5---65l--~~-i~ _ w~th interest from date at the rate of _~_l.~ea~u per ann~m, in monthly instaMl-
^~r~.ts as foI'.ows: f__~~~_ pn ~ha __l~r day of DBC3~..._ 19._Z1 _ an~ a like sum on the corrrspond~ny day of each month there- ;
~~rer until the who(e be fufly paid.
Each insraNmenf fint shaff be appl;ed in payment of the interest and then cn the unpa~d baienee of thz ~r~nc pal sum. tf d auit is made i~ tha
~ ayment of arty installment when due, and such defauh continues 30 days, then at the op~~on of ~he ho:der, and ~v~tho~t any otF~er not~ce, all tne remain~ng
~s~a:lments shail be due and payab:e at once. Pri~~fege i~ g~ven to prepey this no~e in whole or in pa» at aay t~me w~rhout penaity. Ne~ther forebearance,
~~er acceptan!e by tht hotder thereof aiter eny default in any paymems hereon, shall be dermed e,ctens~on. A late pay~~icnt chjrge of S-~~~. shall be
~~ded to each instol;me~t remainmg unpaid 7 days aft~~ its due date, arrd a like wm sh~Ii be addad to each wch inst3~~mant remam~ny unpaid 7 days atter
ea,h sucteedr:g.~ay;ent date.
. Each maker, surety and endo~ser hereof, jointly a~d seve~ally, wafves demand, prc52nl~nrnt profest and not+ce of proteat for nonpayment, and further
, e~rees to any extension of time of payment, eitner brfore w afrrr matunty, without not,ce ~o of us; and ~o pay all co~~: of co'lection, inc:ud.~g ~
-<asoia6le attomey's fee in the evtnt of any defavit hereunder, and hereby severalb waives all benrtn o4 homus+ead and exemptipn under the constit~tion
~ ~ d taws of each Srare of the United Sreres, as agemst this obGgation w any extens~on or renewal heieof.
' Weness ~Fx hand and sea~ of each parry.
~ , s/ walter E. El.~ton ' (SEAI)
` (SEAU
` . s/ Me?rjorie M. Blston ($EALj
~
n
' tsEnu
97 • 50 ~ srare ee~e~ue
j ~~rsrn~ eenee+le~!-vn o.lQinal-naee?
? NOW, THEREFORE, the MORTGAGOR for the purpose of sccuring payment of sa~d sum of s 65~~~~~ ~nd the performance oi the
covenaNS and agreemenrs here~nafter expre:sed, and for d~vers qood and valuable tons~deretion~, by the~e p~esents, dces g~ant, bargain, sa11, rem~se,
? ~ ~e;ease, convey and confirm unto fhe MORTGAGEE, its ~utcessors and assigns, all that «nain lo~, piece or parcel of tand, situate, fying, and being in the
Cuunty of St. Lucie , and State of Ftoride, dewibed •s follows:
:i
Lot 32 and the east 40 feet of Lot 33, Block 16~ Revised Map of For! Pierce
- Beach Subdivision according to Plat thereof filed in Plat Book 8, Page 29
; of the Public Records of St. Lucie County, Florida,?
;p
l
S
iS
~ 5 ia~~c ~F ~~uE~ivA
~ c~ ~ DOCU~Ei~TA~-~ `ti,~P TAX RECEIVEp ~
_ = z = - _ DUF On C1A~ C ~pj~yGlBIE PERSCN~~ ~
- a OCT 18'71 9? 5 0= R RStIANT TO C7UPT:R 20724. ACis p~ P~OPFRT~~
; ° = a . ~ OG.R POITRA~
cie~~ c;~~urt court js~~.
v~ V ~t~r_~s ecrc~s;t _
~ ~~.190i12 as Agent for DAMI~L N. KNO
- St Lucie W1ES, 1R
1v ~~?'tY la~ Coliector
8y
~ ~ ~
~f 1)EPUiY CLERK
` rogether w~th all and s~~guiar tAe tenement~, her~d'rtaments and appurtances thereunto bslonging pi in anywise appenaining thereto, ~nd •11 rents, isswf,
- proceeds and prof~rs accruing and to accrue f~om said premises, alI of which are ~ncluded in the abovt and foreqoirg d~acription and habendum.
- TO HAVE AND TO HOID the sbove described and granted prem~ses uMO tfie saed MORTGAGfE, its successors ar+d ~ssiq.:z ::,:~..r. A++d tF?e ~aid
MORTGAGOR for -s'~jY------- heirs, eaecutors, adminfs~retors end assigns, he~eby covenants wirh the isid MORiGAGEE. its successori and ~stiyns,
rhat -
' tt1@ are Iawfully se~zed of the said prem~us in fee •imple; thd the same ~re iree, cten snd diulurged from all liero ar~d eocum~
j brances 1n I~w or in cqu~ty, and ~h~t th~y wifl and their _ _~in s~+att w~rrant •nd defend rhe title ro the same to tM ~aid
- MORIGAGEf, ;ta succeuon ~nd ass~gns, forever aga~rttt the lawful cl~im~ and demands of •II persons;
_ PROVIDED, AlY1AYS tMt if ~he MORTGAGOR shall pay unro the MORTGAGEE the prom~ssory noTe hc+einbefwe detcr~bed and ihal~ truly, promptly
= and fufty perform, d+uharge, e,~ecufe, completa comply w~th ard •bide by each •nd evey the uipul~~fons, agreements, condirions and covrnants of u~d
pro~r~s:ory note •nd of rh~~ Mongage, then rhis AAor~9ape and the [state hereby cre:ted thall cease a~d be null end vo~d.
' IT IS UNOFRSTOOD that the word "Mortgsgor" whether in the s;nqul~r or plurel anywher• in thi~ Mortgaye, shall be ainyular if one only ~nd
' shall be p~ural jointly ~nd teveraliy if more tFun one, and that the wotd °theii" st used an where in th~s Mat
Y 9~ge shall be taken to mss~ '"hif; ,„htrs,•.
u°rts,'" where~er the cont~:r so implies or admitt. Alao, +hat wherever there is • reFerence in the coven~nts a~d apreemenfs here~n cont+ined to ~ny of
; rhe pa«ie~ hereto, rhe same sM:l b~ conshved to me~n ~s well ss the heirs, Ie9a1 r+pr~yemativef, successon and assiyns (e~the? voluntary by act of th~
" perties or involunt~ry by O~lf~fAr1 of the law) of the ume and tnat the covenants herein conti~ned shaN b~+~d +nd ?he benefits and ~dvant~gq invr~
- ~o the rospective be~rs, Ipal repreumatlves, successo~s •nd ass`yns o( the parr~es heroro.
And •sid Mortgagors, fo. themselves and thcir heirs, I~y~l represenratives, succeisors ~nd assi9ns, hereby jointly and uver~ily covenint and ~gr~e
- ro snd w~th the taid MORTGAGEE, lts successors and ass;gns:
1. To pay •11 and singuiar th~ printipat and ;nterest and the wrious and sundry sum• of money payabte by v~rtve of said p~omissosy note, and this
monq~ge, sxb •nd ~vtry, prompfly o~ fht days ~espea~vely the aame sevcrally becom~ due.
2. To pay •I! srd singuiu the taxea, assessments, 1cv~e~. Gab~ln~es, obl~g~tions +nd MncvmtN~nces of e~ery nature a~d kind now on said deuriFxd
= property, w that here~fter may ba imposed, •uffned, pl~ced, levied, w a~aeued fhereon, a tMf tKre~fter may bt iev~d or ~urased uport thi~ Mwr~-
~Qt. or ths indebtedneu secured hereby, each and evny, whcr+ duc and payable. ~ccwdirq to I~w, before ~he~ become d•I;~ven~, ~nd befor~ any ~tersat
~ aftaches or any penafty is incurred: AND INSOFAR AS ANY TMEREOf f5 OF RECORp THE SAME SNAtt 6E PROMPTIY SATISFIED A?!O ~~SCMARGED OF
- RE~ORD ANO THE ORIGt!vAt OfFIC1Al OOCUMftYT (SUCH AS. FOR INSTANCf. THE IAX RECFIDi OR IHE SAT~SFACTION ?APER OffICIAtI'! ENDORSED
OR CERIIfiED) SHAII BE PIALED IN iHE HANOS Of SAID MORTGAGEE WItNIN TEN pAYS NEXT AF1ER PAYMENT; a~d ~n ehe eve~t fMr any thereof is not
pa~d. ~at yFied and d~scherged sa d MORTGAGEE may at any t~me pay rhe s~me a•ny p~r~ thereo( w~fho~r „raiv,:~g o~ •fiect~~g sny opnon, l;en, ~qultr or
•+~M ~nder or by virrur of th~s mo.rgige ~nd rhe f~il amovnt of each and eve+y such psymem ~hsll be immed~are~y due and prysb~e •nd shall bear int~nir
';z ~~om the o~te ~hereof unt;l pa~d at re~e of n,ne per ceroum per ~nn~m •nd +ogNher w.th sucb ~ptervt~~i be aec~r b the ~ien of th:s morytpe.
B~JOF1 U P~~~1~~8
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