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HomeMy WebLinkAbout2364 220135 6th December a.o. ~v?~ ~1W~n TNIS INDENTURE. Made the__ day of Philip A. I~l,a2o and Lillian J. Mala, his xife Sti. Ll1C~e _ ~ounry Flor~da. here~naf~a d~sgna~cd ss the "MOR~GAGOR," and FlRST FEDERAI SAVINGS AND LOAN tiSSOCIATtON OF fORT PIERCE, a corporanon orpani:ed +nd eaatiry under the Iswt of the Un~red Su~~s of Americ~ ~nd Mv~ng ib p~incip+t p~~ce of b.,uneu in tM City of For1 P~sru, St. lucie County, Florida, hereinah~r desip~ated u th~ °~gT~GE~ WHEREAS the MORTGAGOR is justly irdebted ro the MORTGAGEE in the sum of : 1~ • good and law'ul money of the Un~ted S~ates advanced by the MORTGAGEE ~nto tlx MORTGAGOR, as ev~denced by a tertam promissay nafe of even date herewnh, ot whkh the followinp io A o-ds and f~gures is a trw copy, to-wir: ' s 8, 500. QO ,~a 3-t 7, TQ4 i Fort Pierc~. Fla~da, ~CBm~@r 6 19~ Fw value received, 1, we w either oi us, prom sc rto y vv~thout defaltar~on, to the order of F~RST fEDERAt SAYINrGS AND tOAN ASSOCIATION OF ~ORT PIERCE at Foj~rt P~erce, Fbrida, tlx sum of S ~~7~~~ wrth imerest from date at the rote of 7•?7OO per annum, in monthly insts~l- ~r~rs as fo~lows: Y~ - on t?~e ~ st day of April ~q 72_ a liie sum on tha corresoond~r~g day o+ asch month there- rrrer until the wl~ole be fu{ly pa~d. Each ins+alinunt first shail be app,~ed in payment of the intcrest and then on thc unpa~d bafsnte of tht p~~~c~pal sum. If d aulf is msde in the ~ ; a.ment of any insta~lment when due, and such defauk continues 30 days, the~ at the opnon of the holder, and without any otner notice, ali the remsining ? •~s+atlments shall be due and payabk at once. Priai~efle is y~ven to prepay this note in whole or in part at any t~rne without penalry. ~,ther forebear~nce, j ~~or acceptance by the Iw~tder thereof a4ter any default in any payments he~eon, shatt be dermed eatension. A late payment cha~ge of i'' ~ shall be f :~ded ~o each installmem remaining unpa~d 7 dsys afier iri due date, and a i~le sum shaH be adJed to each such instaNrrKnt ~emaininy unpaid 7 days after ~ r each succeeding paYrrxn~ dare. # Eath mak~v, surety and endorse~ hereof, jointiy and severaily, waives dcm~nd, presentment pratest snd notice of p~otest for nonpayme*~t, and funher ? aa~e~ to any extensan af ~ime of paymeM, either beiore o~ after mat~rity, without not~ce ta any of us; and to oay all cosh of coilecteon, includ:ry a t -.-~sonablc atiorney's fee in the event of any defsult hereunde+, and hereby sevcrally waivcs all beneiit of homestead and exemprion undrr the constitution :~d laws of each State of the Unlted Statea, as against this oDl~gatwn p any e:te~swn o? renewal hereof. • t Witness the hand and sea~ of each party. s~ ~~],ip A• r$ZO cs~?u cs~?u ; ~ s Li111an J. Malo ~,,u ~ 2 •7~ ) St~te Revenue ~U ~f~*arr+p~sa+~elle~eReriyFnsl-r~ote~ s 5~ ~ NpkV, THEREFORE, the MORTGAGOR fw the purpou of ~eturiny p~yment of said sum of : ~ • and the pcrformante of M+e covena~n and agraements hereinafter expressed, and fa d~vers good and v~lu~ble consider~tions, by these presents, does grant, ba~yain, se~t, rem~se, •e.ease, convey and cmfirm unm the MORTGAGEE, i» tuccesso~s snd sssigr+s, all tMt certsin lot, pieoe o~ parcel of tand, situste, Iyinp, and beiny in tM ' ~ounty of ~t. Lucie ~nd State of Florida, described as foltows: i . 1 Lot s Blxk litt, I.AI~~.'bI00D PAR1C ~ IIM? 5 s as . E per plat thereof on file in Plat Book 11, ; Page 5, of the Public Records of St. Lucie S County, Florida ~ 4 f I~ ? IN PAYl1E!iT pF TAXES ~~CUISS 'C' iNTMIGIBLE PERS~NAL PROrfQTlf, # - 1` ~ CHAPiER 20124. IICTS OF 1931. ~ ~ , . DM p ? v t r i ~ _ f"~ 1~VlirR - • ; `C POITRAS. Clerk Circuit Conrt ~ ~ - - - : - ' - as Ager.t tot QANIEL N. KNOYYLES 1R ~ ~ ° - - ~ y i = i 2 7 5 = st c~u;,t~ ru c~,r~~ta ~ ~ ~ ' v, :[.(?.G~ c~.. . s~'~ - ~ ~ t_U 1SYI... ~ ~ G { ~ DEPUn CL~lK ~ t~ ~ ~ ~ ~ `s ~ : rogether with all and si~gular the tenemenn. herediumen» snd appurtsnces thereunto belonginp or in anywise appeAainirg thereto, snd aU renb, issues. 3, oroceeds ~rd profin accruiny snd to ~ccrue from said pemises, sl! of which sre indudad in the al~ove ~nd fwe~oirg dewiption ~nd h~bend~xn. _ ?O HAVE AND TO MOW~ above desaibed •nd pranted premisas unto rhe said MORTGAGEE, ib suctessas and auiyn's tarewr Aed 1M s~~d s _ MORTGAGOR for L[16 ~~,s, executors, administraton and •uigro, hercby covenants with tF+e s~id MORTGAGEE, it~ ~uccesso?~ and assiQns. rhat ~ey ~e - lawfully seized of the said prem~ses in fee ~imple; that the same ue frse, ckar ~nd discharyed from ~II liern ~nd ~ncun? brsntes in I~w w in eq~ity, and that~_ will sr+d th@~I' F?e~n ahall w~rraM and defend tht titt~ f0 the s~rr~ ro tht said 3 MORiGAGfE, its succeuws ~nd asspns, forem ~painst the I~wful clsims and demands of aIl peno~s; - PROVIDEO, ALWAYS thst 'rf the MORTGAGOR shall p~y unto the MORTGAGEE the promisswy note hareinbefae described and shall truly, promptly and futly prrform, disch+rge, execute, compkte, comply with and abide by e~ch and every the stipulations, aqreemeMS, conditioro and oovenanq of s+~d promi3Wry rate +nd of this Mortgpe, then this Mortya9e +nd the Estate hereby ueated shall cease ~nd be nvll ~nd void. = Ii IS UN~ERSTOOD t!?~t the word '"Mwt9spw" whether in the sirgular w plur~l anywhe?e in this Mort9pe, sh~ll be sirgula if on~ only ~nd ; - shsll be plur~l joinUy ~nd ~everaliy if mors than one. ~nd tMf the wwd °rheir° a~rsed ~nywhe?e in this Mor~yape shsll be taken to me~n "his:• ••hM.•• } - or "in," wherever ~he contsxt so implies w sdmin. Also, that wherevs~ there is a refererxe in the covenann ~nd +9~ee*neMS herein contairxd to any of • ihe p~rties hereto, the s~me shall be construed to mesn as well as the heirs, kyal r~presentatives, wccessws and augns (either wluntary by act of the ~ parties or inwlum~ry by operation of the law) of the sune a~d that the covenanri herei~ contsined shsli bind and tM ber~efit. u~d advantspt~ inur~ ~ - ro the respectire heirs, lepal representat;ves. successors ~nd au'yns of the p~rties heret0_ ! And seid Mortgsgors, for themselves and their hein, leysl reprosentatives, successors u~d ~ssiyro, hereby jointly ~nd ~evaally covanant and ayree 1 = ro and with the said MORTGAGEE, in successws snd ~ssigrn: 1. Ta p~y ~11 snd sin~ular the pri~tip~l a~d interpt and the rarious ~nd sundry wms of mot~eY paY~bk by virtue of said promisstxy nott, and this i - morry~ye, esch ~rd every, promptly on ihe days respeoivel~ the ume iever~lly become due. ~ 2. To pay sll •~d ~ing~Iir the t~xes. ~ssessment~, levies, fisbilit~es, obliyataro and encumbrances of every n+tur~ ~~d kind ~a~w on said desvib~d a' _ propeny, a tMt hereaher may be impo~ed, suffered, plxed, kvied, w~~sssed thcreon, w that he?~afte~ may be kviad a~aseased vpw~ this 1Kort~- ~ ape, w the in~btedness sea,reA hereby, each ~nd every, when due ~nd pay+bte. ~cco.d~np to I~w, before they becan~ delirpvent. ~nd befor~ a~y intNest ~ atrathes or +nY Pen+~ty is incurred; AND INSOfAR AS ANY THEREOF t5 OF RKORD THE SAME SMAII 6E PROlY1PTLY SATISf1ED AND D~SCHARGED OF i ' REtORD AND THE ORIGttvAl OFFICIAI DOCUMENT (SUCH A5, fOR INSiANCE, THE TAX RECEfPi OR THE SATISFACTION pAVER OfFIC1AlLY ENOORSED ' OR CERTtFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE W~ti11N 1EN DAYS NfXi AfTER PAYMENT; a~d in the event that any thereof is not paid, s~t sfied ~nd diuharged sa:d MORiGAGEE may a~ any t~me pay tfie ssme w any p~rt thereof withwit wsivinq w•f(ectiny any option, lien, ~quity p - •~pht under or by virt~e of this mortgaye and the fvll •movnt of e+ch •~d every tuch p~ymem shall be immed~ately due and psyabk •nd shall be~r interest ~ j•om the d~re rhereof umil pa~d •t rate of n~nc pe~ centum per an~um snd to9e ~teres~~~h~~~•ed b~ rhe Gen of th:i mo~9tspe. :=1 ~ r . '~~'r _