HomeMy WebLinkAbout1873 iG1~"IZ'S~ `r
THIS INDENTURE. AMde the 1 S t day ot ~~-'G E-'lIlbc 1' A.D. 19____~-Z between
hijli~m F :~~'ric~: ar-~ ~ o-cn;arv k Pa~zick his wife
of _ ~t . Lt2CIP ~ County Flonda, hereinafter desynared as ~he "MORTGAGOR," and FIRST ffDERAI SAVINGS AND IOAN
ASSpC1ATION OF FORT PIERCE, a corpor~t~on wpa~~zed and ex~s~~ng unde~ ~he laws of the Un~ted SraeQS of Amer~ca and Mvir~y its principal plac~ of
bus~neu in rh~ Ciry of For1 Pieres, St, lucie County, F~orida, herein~ft~r desiqna~ed ~s tM "/~tORiGAGEE."
WHcREAS the MORTGAGOR is ~uttly indebted to the MORTGAGEE in Me sum of S'~3 ~ 3~s~. good and lewful ma+ey of the Un ied
S+ares advanced by the MORTGAGEE uato the MORTGAGOR, as evidenced by a certa~n promiasory no~e ot even da+e herewrtF, of wh~eti tha to~lowlnfl in ~
wo~ds and f was is a trve co i
'9 PY. to-wit:
~ 23,3~O.n0 ~_~-17,694 !
s
P~~.~e. F~o,;da. '~('C CP11'iP t 1, 19 71 f
Fw va!_~. receivcd, I, we w either of ~s, prom~se ?o pay, w)~hout defalcarion, ~o the orde~ ot ffRST fEDERAI SAVINGS AND IOAN A$SOCIATION Of
r JR7 PIFRCE at Fort P~e~ce, Flor,da, the sum o1 5~3~~' - w~th Inreresf from dafe at tF~e rate of 7• 7~o per +onum, in monthly instsll-
~~rnts as fol!ows: 5-17'~ ~ ~n on Ihe 1~t day of F~bTtl~ Zy 19_ and e like sum on the correapond+ng dry of each month there-
o•rer unril ~he whoie be fuUy paid.
Each ins~allmrnt first shall be app!iad ~n payment of the interest and ~hen on ~he unpa~d baiance of the prinupai sum. If d ault is msde in tne
, a:ment of any insrallment when due, and such default coroinues 30 days, then at the opt~~n of the Aoider, and withour any other notice, all the remain~ng
.nstallments shall be d~e and payabl~ at once. Privi~ege is given to prepay this note in whote or in part at any time wi~hout penalty. Neither forebearar~ce,
nor atceptance by the holder thereof after any defautt in any payments hercon, aha~l be deemed e:tens~on. A lare payment charge of A 5 , shall be
~:rded to each instaliment remaming unpa:d 7 days sf?er its due date, and a:d:._ --.T +half be added to each auch ~nsrallment remaining unpaid 7 days after
ea:h Yucceedirtg paymem dare.
Each maker, surety and endoraer hereof, jointly and severally, waives demand, p~eaentment protest snd notice of protest fpr nonpayrnent, and iunher
aa~ees to any extens~on of nme of payment, e~rhe~ befo+e or aher matwety, wifhnur nonce to any of us; and to pay all costs of co!kction, incl~d~rq a
~sonable atiomey'a fee in ihe evero oi any default he~eunder, and here6y severatiy waives a!I benefir of homes~ead and exemption under the constitulion
~~d laws of each State of the United Srates, as against this obi~gation w any extens~on or renewat hereof.
Witness the Mnd and seal o( each partY.
s/1~dilli~m E . Padrick ~wU
(SEAI)
s/°osemary K. Fa:?rick ~~t)
t.- ~ 3~• Q~ 1 Stete Revenue
NOW, THEREFORE, the MORTGAGOR fw the ur se of seturin ment of said avm of = 23 + 30~. ~
P i~ 9 PaY and the performsnce of ths
~o•+enants and ag~eements hereinafter expressed, and fw divers good and valuable considerations, by the~e prese~ts, does gr~nt, bergai~, scll, rem7se,
-r~ease, convey and confirm unro !he MORTGAGEE, iri succeswrs and auegns, ell that censin lot, pieoe w psrcel of Isnd, situate, lyinp, end bein~ in the
County of St. Lucie and State of Fbrida, desvibed ~s follaws:
13, block 2~ SL'tiriSG r'OriESITES, as 7PI piat thereof on file in P7at Book 13~
3c 1~, of the Public f'ecords of S2. Ls^ie ^.oc:nty, F~orida, ?
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~ _ LECZ ~71 _ Fn'LItP, [.,7; . 11C.^~~',( ;•,?~NET~
o = . _ P'Q;T~. C?e:k ~ ~ Or ;y;..
c~i~ v CEDT.OF CL'!ECtlf t3 4 9 S= as AEeft f~r Q~;NIE~ N. Grr~nd C,~yrt
i9o~it ~ St Cuc"p r ~~'~'Z~S i
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rogether with all and singuiar thc teneme~ts, hereditamenri and •ppurtances thereunto belongirg d in ~nywise appertaininy thereto, ~nd ~!I renh, issues,
P~xeeds and profits accruing and to accrue f~om sa;d premises, all af which are included in the ebove a~d foreyang descriptio~ ~nd habe~dum.
~ TO HAVE AND TO HQiD the above described and gr~nted premues unto the ssid MQRTGAGEE, in succeawn and auipns fwev~r. And the said
MORTGAGOR fw --the~ 7--- he;rs, executors, +dministraton and essigns, hereby covenants with the said MORTGAGEE, its successors and asiyro,
tt7P a re ~awfull seized of the said
rhat Y premises in fee simple: tMt the same ~?e free, ck~r •nd dixharped from ~II liera ~nd ~nawn~
brances in law or in equity, and that th~y wi11 and thei r he;rs shall warrant ~nd defend the title ro the ~ame to tM s~id
MORTGAGEE, its succeuws and suiyns, fwever ayainst the lawful ctaims and demands of aU persons;
PROViDED, ALWAYS that if the MORiGAGOR shaN piy unfo thc MOR7GAGEF the pramiswry note hereinbefore desvib~d and shall truly, p?ompt{y
and fulty perform, dixMrge, exetute, complete, comply with snd abide by each and every the stiputationa, ~greements, conditioru •nd toven~nts of s~id
promissory note and of this Nlortgage, then this Mort~age and the Estate hereby veated shaN c,ease end be nuA and void.
IT IS UNDERSTOOD that the word "Mortgsgor" whether in the :~nyular ot pivre) snywhere in this Mortppt, shall be sinyular if one on{y and
shall be plur~l jointly ~nd severally if more then one. ~~d that the wwd "their" as vsed anywhere in this Mortp~ sh~ll ~ taken to me~n ••his•• ••hers,••
o~ "itt;' wherever the contear so implies or sdmits. Also, thst wherever there is • reference in fhe covenan» and s~reeme~y herein oontained to any of
rhe parties hereio, the same ahall be construed to mean as well as the heirs, leyd npresentativey, succeuon ~nd assipru (ei~her voluntary by act of tM
parties or involuntsry by operation of the law) of the same and that the covenants herein contairxd shatl bind and the benefi» and adv~nt~yp inure
to the respeclive heirs, legal representatives, suc~esson and au'yru of tt~e psrties herNO.
And said Mortgagors, fo• rhemselves and thei~ heirs, legsl representatives, sutcessors •nd sssigru, hereby jointly and ~tverally coven~nt •nd ~yr~e
ro ~nd with the said MORTGAGEE, its successon and auiyru:
1. To pay all and singutar the pri~cipel •nd imerest ~nd the variovs ~~d sundry sums of mp~ey payable by virtue of iaic! prpm;uwy note, ~nd thia
mwtgsge, each every, promptty on the days respecrivdy the same uve~aUy become due.
2. To psy •N ~nd singular the taxes, asseuments, levies, li~bili?ies, obliyataro and ennxnbrances of every n~ture and kind now on ~aid described
propeny, or thst he?eafKr may be impoted, suffered, pl~ced, levied, or ~ssessed thereon, w that hereafter may be levied w assessed upon thia Mort¢
aQe, a the indebtedness iecured her~by, each end every, when due aod psyable. ~ccwdinp ro law, belore they becar~e delinquent, and bsfwe ~ny inttres~
attacF~es o+ any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAII BE VROMPTLV SATISFIED AND DISCMARGED OF
RECORD AN~ THE ORIGIFtAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE 5A115FACTION PAPER OffIC1AlLY fNDORSfD
OR CERTIFtED) SHAII 8f PtACED IN THE MANDS Of $AID MORTGAGFE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in the event that any tF~epf is npt
pald, sst sfied and discnsrged sa:d MORTGAGEE may at any hme pay tFx same o~ any pan tF~ereof without waiving or affectinp ~ny option, lien, equity w
•~qht under or by virtue of this mortgage and the fv(i amount of each a~d every such payment shall be immediately due and payable ~nd sh~ll be~r interest
~•om tF~e date thereof untii paid af rete of mne per centum per annum and togethe~ w~th suth interest shall red by li Qf th:s mpqtpe.
F ~„r 'rAGE ~ (
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