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HomeMy WebLinkAbout1879 21'7'722 1HIS INDENTURE. Mede the__--_? ~Lh-_- dsy of ` ~tO~r - A D. 19_?~_~ betwrrn Spring,_ Lee and Wanda S. Lee i_hie xife of ?Sti. Lucie counry fbnda, hereinaher d~s:y~~a~ed as ?ne °MORTGAC~Dit,'~ and fIR51 fEDfRAI SI.VI'.GS 4~,p IOAN ~ ASSOCIATION OF fORi PIERCE, s torporat~on organized and ex+ttiny under ~he lawf of the Un~red Statos 0~ AAie~~ca and ha~ing itt prinupal place of business in ths Ciry pf Fort P~erce, St, tucie Co~nfy, flprida, heromafter des~gneted as ths "MtORiGAGEE.° WHEREAS rha MORIGAGOR ~s j~u(y indrtred ro the MORiGAGEE in the sum of vl~~~~ gced and la.~ful mo+~ey of ~he U~~ ~ed irates advancrd by th! 1.1JR(GAvEE unro the ~.lOkiGAGUR, es ev~drncrd by a crria~n premissory note of evai d~te e,~i~v,n1•, of v~n.ch the foi:ow~ng in f o,J~~ nMd Ogu~ is a vue copy, to-wn: w ~,0 5-t 7,5t 5 Fwf P~erce. Floride. ~t0~8T._~_..---~._-191! _ for va!ue received, 1, we or enhe. of ui, ;;rom.se to pay, wi~hout defalca!:on, io +he order ot F1R5? FEDERAL SAVINrGS ANp IUAN ASSO:IATtON Of '~RT PIERCE at fert V~erce, Ho~~da, the sum of S 16i~0•~ . w~th ~nrerrsr iro~~ dair ae ~hc rate of 7•77~', annum, in mo•~thiy ins~all- - - - - .•»~s as Fo.'ows: S o~ thr ~_at! a,Y of _Februs~ ~yT2 and a i~Ae sun. on rhe correspond.ng day ef each month there- ±'ir~ unt~l the who~C be f~ity pd~d. Each install~nent first shail be app!~ad in pay~nr~t of ~he ~n~r~est and s},e~ o~ :he unpn d t~a'ance o! rhe pr~nc pal s~m. H d avlt is made in the ~.;~ment of a:iy insfa!imznt ~n,hen d~e, and such delau!t cont+nues 30 days, then at lhe op~~~~n of the ho~der, and w:ihout any other not~~~, all the remain~~~g ~,sra~lmems shail be d,,e at~d payab'e at once. Pnv~iege +s yiven to prepay this note in whae or in part at any t:mc w.thcut E,ena+~y. N~•~ he~ forabearance, a acceptance by the hoider thereof aft~r any dr~ou(t in any payments ~ereu~. sh:~fl be deemed exrrns+un. A+.~r~ ~~,y,rnent cbarye of ahaH be ~~rd ro each insie~lment rerna~n~ng unpa:d 7 days afrer +rs d~e da!e, and a t,?e s~m shalt Le .,d~_d io each sc<1, i„sta:ime~t~ rr;~~a~n~i:g unpaid 7 days altrr ~:,ch wcceedmg payn,ent da!e. Each maier, wrery and endorse~ hereof, jo~ntiy and severa'ty, wa~ves de~.~and, prese~~tmcnt proresr .,~,d r.,r:ce of prorrsr fcr nOn~dymC+7l, and funher e 7~ees to eny extension of t,~~+t of poyment, erti~er b•rfcre or aftrr mdtUnty. without not.ce to any of us; and to pay al4 Ns~s of cak<t,on, inrud,ng e ~scn,ble at~omey s fre ~n ihe evenf oi any d~~fau'r here~ndar, and hereby eeYe~a;ly wa~.es a~! ~e:,ef~r pf (lOn1c'S~rd~ and e.o•npf,on vndrr the conatitut~on , s faws of rach State of the Unirzd Srarrs. ~s a3a~nst ih;s ob:,ga~+on or any extens~on or renrwat hrreof. Wrtnes> >he hand and sea~ of each parry. s/ Spring Lee (SEAI) ~ (SEAL) " ~8 E• LQe (SEAL) (SEAL} : j State Revenue - ~r+~++pr ew+e±i4ee1-areriginaF~xne} ' NpN, THEREFpRE, fh~ MORTGAGOR for the pu~pose of secur~ng pa~ment of sa~d wm of S 16__L~~~~ , a~d the per{orma~ce o~ the _ :ovenanti and agreements here~nafter expressed, and (or d~~ers good and vsluab!e cons~derat~ons, by these presents, dces gront, ha~ga~n, se'S, rem.se, ~ ease, to~vey and co~fum ~mo thr MO~TGAGEE, its •utcessors a~d ass;g~s, a0 that certain tot, piece or partel of land, s~t~ate, ly~rg, and being in the :ou~ty of Lueie and Stale of Floride, descr,bed as fo!lows: i ~ Lot 2, Block 2, SOITPHERrI YIgi~l ADDI?ION, according to the Plat thereaf y as recorded in Plat Book 9, Page 1tl;, Public Records of St. Lucie County, ~ ~ ~ Florida, ~ ~ ~ 3 ~~D =--=1~- ~ IN PAYMENT pF TAI~f? DU~ 011 CIASS 'C' fl(UWGIBIE PERSOt1A1, pl~ppERnl~ x i,r S~~ Q~( F~"- f' ! t..' i.a ~RSUAi(i TO CHA~TER 20724. 11CTS Of 1941. - ca } , i~ r ~ _ . - . _ < . ' ; . ; { ROGER POITRII$r Ck~1t Cirtwl Court - ? ~ ~ ~ - z ~ ~ 1 - ~ ; ~ - - • u Atait fot DANIEL N. KNOWLES, 1R ~ ~ _ 2 4 0 0_ st c«,~, T~ c.~i~ N _E~ a~~r%!~ = f ~ P~3.~~o~~z - b ~ ~ n~run cxEex t _ together with all and singuiar the renemen!s. hereditaments ~nd appu~ta~ces thereunto belonginq or in an~wise appenainenq thereto, snd •I! reros, is~vea, proceeds and profrts acuu~ng snd to accr~e from said premises, alI of which are included in the •bove and foreyoing descriptirn and habendum. _ TO NAVE ANO TO NOLO the above descr~bed and granr~d prem~ses unto the said MORTGAGEE, its successors and assigns fo~ever. And tM said - MORTGAGOR for ----~~@ir_-- hei.s, exec~tor~, adm~n~str~tors and ass~gns. hereby covenants with the s~~d MORIGAGEE, it~ succes~ors and assiflm, rhat - thA-~ BI-e taw~fu,ly se~zed of the said premises in fee simple; that the ssme ~re iree, clear and dixharged from all tiens snd encum- brences in law or in equity, and ~hat-__ hev will and t~iZ' _ heirs shall warrant and defend the title to the same fo the s~id - MORiGAGfE, irs su<cesson artd ass~gns. forever sga~nst the lervfui daims and demands of atl persona; _ PROVIDED, AtY~AYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy ~o!e he~e~nbefwe drsa~bed end shall truty, promptly •nd fu~ly perform, d:scharge, eaecute, comptete, compty wnh ana ab~de by each and every the ftip~{ahor.t. aqreements, co~d~c~ons •nd covenants of ~~id prom~sso~y note and of this Mwt9ege, rhen rhis Mortgage and the Esrare hereby crtated sha11 ce~se and be nu~l and vo,d. IT IS UMOERSTOpp lhat ~he wo~d "'Mortgsgw" whether in the s~ngutar w plural ~nyvi,here in th~s Mortgaye, shail ~ sin9~lar ii o~ne only and shall ~ plural pintly and severally if more than one, and that the wo~d "the~r" as uted anywhere in th~s Mortgsge shall be taken to mt~n "hii;' "hers," _ or "its," whe.ev~? the conrext ~o ~mp~~es o~ admiti. AFw, that wherever there +s a re(erence in rhe covenanr~ and agreemems he~e~n contsined to •ny o/ the panees heret~, the s~me shall be construed ra mean as well as the ne~rs, legal rep~esentst~ves, sutceisors and asi~qns (eitFxr volumary by s<t of the parries w involunrsry by operat~on oi rhe law) of the sa~r~e and that the cove~snt~ herein conte~ned sha(t b~rxl and th~ bene(,ts and adwnt~ges inure ro rhe reipective he~rs, ~ega! repiesenlsfives, svcceitors ~nd •ss gns of the part~es hereto. " And said Mortgagon, fo• themsetrea ~nd rhe~r heirs, legal rep+esentst~res, svccessors and astigni, hereby io~n~ly snd severalty covenant a.id ~yrK to and w~th the sa~d MORTGAGEE, its svccessors and asx~gns: s 1. To pay •II •nd sing~lar thc pnncip~l and ~nterest ~nd the var~ovs and s~ndry wms of mon•_y payabte by v~rtue o~ sa~d prom~sswy note, ~nd this mortyaqe, each ~nd every, promPflY pn the days resped~vely the iam.e severally become d~e. 2. To pay •II •nd ~~ny~,ar the taxes, esaessme~ts, levief, I~~bilities, obGgstions •nd ertcumb~~rXe~ of every nature and i~ind now on i~~d deacr~bed praperty, q that he~e+f~~r may be impcaed, auffered, p~xed, levied, or asaeased thereon, o~ tMt hereairer may be lev~ed o. aisesied upon this Nbrty- a9e. w the indebredness sec~red hereby, e~ch and eve+y, when due ~nd payable, acord;n4 to I~w, before they become deilnquent, •nd before any interes? e:taches o~ any penaity ~s in:urred; AND INSOfAR AS ANY iHEREOF IS Of RECORD THE SAME SHAII SE PRUMPTI~ $Ai1SF~ED Ayp DISCHARGEU OF RECORD AND TME ORIGINA~ OFFIUAL OOCUMENT ISUCH A5. fOR INS~ANCE. TiiE TAX RECEtPT OR iHE SA1l$FACTlON pAPER OfFlCIAUY ENC~ORSED ~ QR CERiIF{ED) SHAIt BE PLACED IN THE HAlvQS OF SAIp MOR'GAG:E WIIHIN ~EN DAYS NEXT AFTER PAYMENT; an~ ~n the event that eny thereof is not ;:a~d, sa~ sfied snd d~scharged sa d MOR'GAGfE may ar any t,me pay the ~ame o+ any part the~eof „v~thovt v~a~v~rg o~ aHec~ing a~y opho~, ~ier,, equ~ty or •~Qhf ~nder or by vr'~e Of th~s m6~f~A~! a~d rh. f~+! amovnt of eat1+ and tvery y~[h pe~m.ent shatl ~~mn•.ed~areiy d~e and payabl! a~d shatl bear intereft irom the date thereof unnl pa:d a! ~aee of n.~e pe~ cenr~m q~. ~y,r,,,~toye~her „v h uch ~nre~es~ shaH be sec~red b~ the ~~en o4 th s m~yrqtaye, R U Rr-~ v~r~ ~~~U