HomeMy WebLinkAbout1466 ~
~sss~ ~
THIS INDENTURE. Mad~ the 2~d d~y of November A.D. 19 be?wee~
Alfred G. kidmet and Dorothea B. ~~idner, hi~s wifz
. ; :
of St. ~.t1ClB ~p~nty Flwid~, h~rein~ftN designated as the "MORTGAGOR." and fIRbT FEDERAt SAVINGS ANO IOAN
ASSOCIATION Of FORT PIERCE, a mrporat~on w9ani:ed and ex~~t~~g uoder ~he laws of the UNted SutQi of America and havinp its principal pl~ce of
bui~ness in th~ City ai €.rt PiHC~, St. luci~ Covnty. Florida, hereinaiterdesiynared as tF~ "MORTGAGEE:' '
WHEREAS tM MORTGAGUR is ju~tly indabted to ths MORTGAGEE in the sum of S 16 ~ 9~od and tawful money of the Unlted
S+ares advanccd by the MORTGAGEE unto the MORTGAGOR, as evidented by a certa~n promisswy note of even date herew~~h, of wh:th the followinfl in
.~ords and figures is a trw topy, towit:
516.000.00 ~ 3-17,581
~ Fwt Pierte, Flaida, November 2~ ~9 71
> fw value received, I, we or either of us, prom~ to pay wi~hout defalcation, to the ordrr of FIRST iEDERAI SAVINGS AND IU.~N ASS(~CtATION OF ~
~ ~ORT PIERCE at Fwt Yierce, Florida, the sum of j ~6~~~~•~ - w~~h inrereu from date at the rate of _-7!~5?x+ annum, in munthly instal~-
~~-enrs as fol!ows: Z 132 on the 15 t day of Apr i1 19?? - and a like sum on the caresporK~ng ~ay of eech mo~~h ~here-
erier until the whole be fuHy paid. • '
Each installment first shall be applird in payment of the inrerest and ~hen on ~he ~npa:d balance of tha prlnc~pal tum. !f d au~t is mad~ e~ the
F e;mznt of any instalimem when d~e, and such defeuh continues 30 days, then at the option of the hoider, and without a~y other:wl~ce, a;i the ~emein~ng
+seallments shall be due and payabte sr o~ce. Privile~e is g~ven to prepay this note in whole or in part at any t~me witi:out y~nalry. Neither facbeerance,
no~ acceptance by the holder thereof a~ter any defauh in any payments hereon, shall be deemed e:eris:on. A laee payme~t c~~ge of j 6•6O shsll be
ied to each instalimero remaining unpa:d 7 days after its due date, and e tike sum ahall be added to each svch installmeM remaining vnpaid 7 dayt after
, eech succeeding payment date.
- Each maker, surety and endorsen c~reof, jointly and severatly, waives demand, preuntment protest and not:ce of protest fw nonpayment, and further
~ e~.ees to any extension of time of paymem, either before w afte? maturity, arithout notce to any ol us; and to pay all costs of coilectio~, inciud~ng a
~e~so~~able atto~ncy's fee in the eveM of any default hereunder, and hereby severally waives all bene~it of homesread and exemptaoo under the constitution
~ ~-~d laws of each State of the United States, as against this obligation ot any extension or renewal hereof.
` W~tness the hand and sesl of each party. .
~ (SEAI)
(SEAI)
. ,.j 5~ rOt ea E. 1 n I (SEAL)
~ L~
2 4• O~ 1 State Revtnue ~ ~
i-
:~+a~,ipr e+mcalled ~rr oAQhn1-nots)
NOWI, THEREFORE, the MORTGAGOR fw the purpou of securiny paymem of sa~d sum of S 16 snd the performance of ths
_ co~enams +nd agreements he~dnafter expressed. ~nd for d~vers good and valwbk cons~derat~ons, by these p?esents, does grant, bargain, tell, remise,
-e!eau, convey and confirm unro the MORTGAGEE, its succeuors and auigns, elt that certain lot, pfece or psrcel of land, situate, lying, and beinp i~ the
County of SL . 1.11C 1Q and State of Fbrida, dew~bed ~s follows:
Lot l~, Block 1292, PE3:T'T ST. LUCIE, SECTIQV 12, as per plat thereof on
` file in Plat Book 12, page 55 of Public Records of St. Lucie County, Florida, f
~
~
d
~
,
3
~
REC m O
~
? ~R
~ ~ 'C' IN.'A.9GtB1F pf,PA/HE1i1T OF rA~
i, ,t-~ e~if P~11To C~~~a ~~~4' ACT
p
uj~'~OPERIY,
_ ~ i•~a f l_ . r L_ -i 1~ X ~ Cle;k Circu:t Co u~~ t ~
11~ent !or c
~ r ~ -r + D~'Nl~t M. KH yy
~ ` , L ~ - : ti~ r ~ }"1 - St Lucie County Tax ~ tES, R
" ~ ft
~ ~ _ ~a~ ~~~~2400~ ~ tof
~ • _ 4 ;
~ U :.:.=•~lyUli2V_ e.__~~'r~=-~'_ ~ H[~v"
v~ _
~
; ~N CLERK
~
:u
q,
rogether vrith •11 snd singulsr tfie tenements, he~edit~ments and ippvrtsntes there~nto belonging or in anywiu appert+ining thereto, •nd all rents, iuues, '
prxeeds and profitt xauing ~nd to aca~?e from said prcmiies, all of wli~ are included in the above ~nd fweQoing description •nd h~bendum.
TO HAVE AND TO HOID the above dewibed ~nd yranted premises unto the s~id MORTGAGEE, its successors and auigns forevN. Md tl» s+Fd
~ their
h40RT GOR for - heirs, executon, administrato?s •nd auig~s, hereby covsnants with the si~d MORTGAGEE, its successors ~nd ~uiyro,
rhat ~~ey are__ i~~~~iY M~Z~ of the said p?emi~ei in fee simple; that the same ~re free, dear and discharged from •II lieru and encwrf
branccs in law or in eqvity, and that the~f w;ll and their heirs shall wsrrant end defend tht title to the samt to tM said
MORTGAGEE, iq successors ~nd su~yns, fwever ayainst the lawful claims and demends of all persw»;
PROVtDED, AIWAYS that if the MORTGAGOR shall pay unto the MORT(iACE€ the promiuo~y note hereinbefore described and sMll truly, prompNy
' and fuity perfam, d~xF~ar9e, execute, complete, comply with and abide by each e~ every the stipulations, agreeme~ts, condi~ans a~d covensnt~ of said
- Promis3wy note and of==this Mortg+ge, then this Mortgsye and the Estate hereby ueated thall cease and be null and void. •
_ IT IS UNDERSTOOD that the word "MortyaQor" whether in the singular or plwal ~nywhe+e in thit Mortgsye, shall be sinyulu it on~ only ~nd
shall be plural jointly and severally if mor~ tMn ont, and that the word "their" ~i used anywhe~e in this Mortgaye shall be taken to mean "his;' "hen,"
" or "its;' wherever the conteal w implie~ w admiti. Also, that wherever there ii a reference in the covenants snd agreemsnri herein cont~irted to ~ny of
rhe parties heroro, tM sarrw tfi+ll be cor?strued to mean a~ well as the heirs, le~al rtpreientatives, successwi and a~iiyns (either volunt~ry by act of tM
psrties w involuntary by operation of the law) of th~ same +nd that the covenants herein contained shall bind and the benefits and ~dvantages inun
ro the respective heki, leyal representatives, suctessors and au~qns of the partiea heroro.
= And said Mort9ayw~, fw themselves ~nd tF~eir Fxin, ley+l representatives, successw~ and usigns, hereby jointly and uverally covenant snd ~yree
= ~o and with the said MORiGAGEE, it~ successon and aui9ns:
- 1. To pay •II ~nd iinpular tM principal and interest ~~d the'wrious snd sundry wms of money payable by virtue of taid promissory note, and this
' mortgape, exl~ and every, promptly dn tM days respectively the ~ame ~ev~rally becortw due.
T' 2. To psy ~tl ~nd ~irg~iu the taxes. ~ssessments, ievies. Iisbilifies, oblig+tio~s and tncumbrsnces of every natura and kind now on said descriF»d
p~operty, or that here~fter may be impo~ed, wffered, pl~ced, Ievied, a+uassed thereon, a that hrreafter may b~ levied or assessed upa+ tha Mort¢
afle, or ths indebtedness ~ecw~d hereby. ~~ch +nd wery, wMn dw snd pay~blt, accordirg to law, bsfo?~ they bccorne d~linqvem, and befwt any iM~r~st
attathes ot any pcnalty is intutred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAIVIE SHAIt 8E PROMPTIY SAi1SFIED ANp DISCHARGED OF
= RECORD AND THE ORIGINAL OFfIG1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENOORSED
OR CERTIFIE~) SHALL BE PIACED IN THE HANDS OP SAID MORTGAGEE WI~HIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that any thereof is not
' pa~d, s+tsfied snd diuh:rged sa:d MORTGAGEE may at any t~me pay the same w any part thereoF without wa~ving or sffeainy any option, lien, eqvity or
_=:r ~~aht under or by vertue of this mortflaye and the full amount of each ~nd evcry such payment shall be immed~ately due +nd payabk and shall b~ar interest
~•om the dafe thereof umit paid at r~te of ninc per centum per •nnum •nd together w~t hall be ~ecyr~ by the lien of th'i mor~taye.
~ eo Pac~14 4