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Home My WebLink About1374 v 219495 , THIS INOENTURE. Made the 23~ day of ' November A.D. 19~~ between Lionel Johnson and Mary~e John on hia ~ rp i of $~r• ~31Ci@ Co~ny Flaida, hereinafter desgnated as the "MORTGAGpR." and FIRST FEDERAL SAVINGS AND IOAN %.~SOCIAiION Of fORT PIER~E, • m~paarion oryanizcd and exiiUng unde. ~he laws of ths Un~fed S~a~as of America and havinp in principal piace of bu~~nes~ in tM City oi Fort Pi~rct, Sr. luci~ Counry. Fluids, !~..e~n±ltsr ckt;qna~ed ~s tM "MORiGAGEE." WHfRFAS the MORTGAGOR is justly indabted to ~he MORTGAGEE in the sum of 2 L~~• ~ ~ , good and lawfut money of the Un~ted S+atef advanced by the MORTGAGEE unto the MORTGAGOR, as evldentrd by a tertsio promissory note of even date herewnh, of wh~ch the following in .+ordi and figures is ~ true copy, to-wit: s t 21000.00 ~ 3-t 7,6,66 Fort Pierc~, H«~a., - November 2~ ~q_~ For value received, 1, we w either of us, prom~se to psy, wirhout defalcat~on, to It~~ .,~.ier of F~RST FEDERAI SpAV~INGS AND IOAN ASSOCIATION OF "QRT PIERGE at Fwt Pierce, Florida, ?he ium of S ~ 2~~~•~ w~rh ~nteresl from date at the ?ate of v.v % per amxim, in momhly inslall- ~„nrs as fol!ows: S ~ Cl on the ~ st day o( J~u~y 19__1~ _ and a like sum on the corresponding day of eacF? month th~re- a:rer until ~he whole be fully paid. fach ~nsrattment Firsr shel! be appiied in payment of the inte.est and ~hcn on the unpald balance of the pr]nc~pal sum. Ii d ault is lnade in ths ; a,~nent of any i~stallment when due, and such default confinues ~0 days, then at the option of the holder, and without any or.er no?:ce, all tiv remainirg ~:srallments shail be due and payable at once. Privilege is given ro prepay this ~ote in whote or in part at any ~ime w+thout penalfy. Neith~~ ~faesea~ance, j nar acceptance by the hoider the~eoi aiter any default in any payments hereon. shal! be dremed extension. A late payment tharge of =__J_~+ ahall be +d i~d to each installment remaining unpa~d 7 days after its dua date, ~nd a like sum shall be addrd to each :uch installment ~emaining urtpaid 7 days after each succeeding payment date. Each maker, surety and endorscr hereof, jo~ntly and severatly, wa~ves demand, presentment protest and notice of protest fo~ nonpayment, and furlF~er ~~.ees to any extension of time of paymero, either before w after maturity, without not~ce to any of ~s; and to pay aU costs of coll~ction, includin9 a r-,sonable attorney's fee in the event of any deiault hereunder, and hereby ;n.e~ally waives al{ beaefit of homestead and exemption under tlx constituYan laws of each Srare of fhe Unitcd State~, as aga;nst this obl:gation or any extens~on a renewal hereof, { Wi>ness the ;and and seal of each party. s/ Lionel Johnsen ($EAl) ~ cs~?u ; 1 ~1'~I ~@ arOZIH30I1 (SEAI) ~ . SEAU - • ~ ~ State Revenue ~ (7~atn~ t~sncdle~ ~er origi~wFne~e) NOW, THEREFORE, the MORTGAGOR for the purpox of sccuring p~•tment of satd sum of sf 2~~~`~ snd the performance of ths covenants and sgreements hereinafter eapressed, and for divers good and valuabte considerations, by these presents, does grant, bargain, ~ell, remise, •_~ease, convey a~d confirm unto thr MORTGAGEE, its successors and assigns, ell that certain lot, picce or parcel of land, iituate, lying, and beiny In the ; Coun of St• LL1C~e ~ ~Y +nd State of florida, described ~s follows: i i i i f I.ot 9, less the South 7 feet, Block 1 MAGNOLU PARK SUBDIVISION, as per plat thereof on file in Plat Book 9, Page 27, of the Public s Records of St. Lucie Caunty, Florida,./ ~ ~ ? ~ D~~S~ mv _ : p? ~c?RSt"+nrr~o~afc e rnr ~rM ~ , ~ , t ^t'_ ~ u p, ~ ~ X ~G~R Pol ~f R 20724E ~T~O ~PEt~! ; 5 y~,•,~'+j~ = ~er,t b G~,l, ~ ~ Cireu~ ~U~ ~~1. ' ~ z Nov ~s~~^ s= s= r$ ~ St ~0u: r! T C N~~w[fs 1 ~ , c°~ .;~it.OF f['.c~~•~ gy ax ~ e l l e c~or v~ p~_1yu,~z ~ ~ ~~n" C1fRk ~ ~ ~ 3 ~ S ~ogether wifh •11 end singular the tenements, hered~taments and appurtances tlxreunto belonging or Fn anywix appertaining thereto, ~nd all r~nri, iswes, p~oceeds and profih accruing and to accr~e from said prcmius, all of which are included in the above and fore9oing dewiption ~nd habendum. TO HAVE AND TO HOID the above described and granted premisea unto the iaid MORTGAGEE, in succeuors and a~sipm fwever. Md th~ taid MORTGA~ R fw he;rs, executon, administr~tors ~nd ass'~gns, he~eby covenantf wi:h the ssid MORTGAGEE, iri suctesion and ~stipns, ~hat "'e-~-a~ - lawfully seized of the said premises in fee simpie; that tFw tame are frse, ckar and dixharyed from all tiero and encwn- branccs in I~w or in equity, and that the3r will and their hein thall warrant ~nd defend tM titl~ to tM tam~ to tM Hid MORTGAGFE, its s+xcesso?s and sugns, forever ~yainst ths lawful claimi and dam~nds of •II pertons; PROVIDE~, ALWAYS tMt if th._ MORTGAGOR shall p~y vnto the MORTGAGEE the promissory note hereinbefwe dewibed and sMll truly, promptly and fully periorm, d~xharge, execute, complete, comply with ~nd ~bide by esch snd every the stiputations, ag~eemenh, conditant and covenants oi s~id promissory nore •nd of this Mortgage, fhen thit lAortgaye and the 6rate he?eby vested ihall ce+se ~nd be null and void. 1~ !5 UNDERSTOOD that tAe word "Mortgagor" whether in the singvl~r or plural anywhere in this Mwtyp~, thall be sinpular if on~ o~ly and shall be plur~l jointly ~nd severally if more than one, snd that the wad "their" as used anywhere in this Mortyape shall be taken to me~n "his; •••hen; • i or "its;' wherever the context so implies or admits. Alw, that whereve~ there is a ~eferencs in the coverunts and iyreeme~b herein wntain~d to any oi rhe parties herero, the same thall be construed to mean at well ai the hein, ley~l rtpresentativei, successors and auigru (eithe~ volunt~ry by act of tf+~ parties or involuntary by operatan of the law) of the ssme and tF,at the covenants herein contained shall bi~d and tM benefitt ~nd adv~ntayes i~w~ ro the respective heirs, leyal repreuroatives, iucce:sas and sss°gns of the parties hereta ; And said Mortgagors, fw themielves ~nd their Aeirs, legal repreuntatives, successws and sssiyns, hereby joinNy ~nd sevaally tovenant a~d apr~e ~ fo a~d with the taid MORTGAGEE, its svccessas and a~sigro: ; 1. To pay all and singvlar the printipal s~d imerest snd the vsrio~s and tundry sums of money psyabte by virtue of said promissory note, and thit ~ mortgage, eacb ~nd every, p~ompfly on the days r~pectively the iame severally become dve. ~ 2. To pay al! and singular the taxes, ~uessments, kvies, li~bilities, obligationi and er?cumbr~ntes of every nature and kind now o~ said deuribad ~ P~operty, p thst he~eafte~ may be imposed, suffered, plated, levied, a ~ssessed thereon, a that hereafte~ may be levied a assessed upon this Mort } age, or the indebtednes~ secured he?eby, exh and every, whrn due and pay~ble, accwdirg to law, before they become delinquenf, a~d befors ~ny interest t atrachts w any pen~lty is incurred; AND INSOFAR AS ANY TMEREOF IS Of RKORU THE SAME SHAII SE PROMPTLY SATISFIEO AND GISCHARGED OF i RECORD AND THE ORIGIKAI OFfiCIAI OOCUMfNT {SUCH A5, fpR INSiAfYCE, THf TAX RECEI?T OR 1HF SAi1SFACTIOM PAPER OiflCIAl1Y ENDORSEO ~ OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAf,EE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that ~ny thereof is not ( paid, sat'sfied and discharged sa:d MORTGAGEE may at ary time pay the s~me or any p~rt thereof without w~ivir?g w af(ectiny any option, lien, equity p { •iQhr under or by virrue of rhis rr.ortgage and tbe full am.p~nt of e~ch ~nd every such payment shall be immediately d~e and payable and shall bear interqt ' ~.om the date thereof until pa~d at rate of n~ne per cenwm per annumQn~ t ~th suc~;~~.}hall x secured by the lien of th:s moryta9e. { SOt~ ~Ef i ~v _ ~ -