HomeMy WebLinkAbout1261 ~~1311 ~
THIS InDENTURE. Mad~ ,r,e~ 3t3th _ d.y of i~ecemt~er `T_ ~.p. ~o '~1 between
Dale E. Smith and ~lartha Smith~ his ~i.~e
of st, Lucie Cpunry florida, hereinaftea desgnated a~ the "h\ORTGAGOR," and FIRST fEDERAI SAY11vG5 ANp lOl1N
ASSOCIATION OF fORT PIERCE, a co~pora>ion orga~izcd and ex~~~~nq un~ler fhe iawi of ihe U~~~ed S~uos of America and havin~ itt principel place oi
bus~n~u in ths City of fort Pitres, St. lucie County, Flwida, hereinafter dt~i9nated ~ti tM "MORTGAGEE."
WHEREAS the MORTGAGOR is ju~tly indebted ~o th~ MORTGAGEE in the s~m o! j 11 ~~V• gcod and lawful mo~.ay of ihe Un~ted
~*ates advanced by tAe fdORiGAGfE unto ~he MORivAGOR, as evidenced by a ce:ta~n promisso~y notr oi even date herew~th, of wh:ch the ioilowir~ in
+~ords •nd figures ii a trw copy, to-Nit: ,
s i1,000.U0 . ,M;l 3-17~7t33
fort Pierce, Fio~~da. _~ece:~ber 30, 19 ~
Fw vatue r~ceived, we w eirher of us, prom~x to pay, w:ihout defatcahon, to tne oroer ot hk~i rc~~R:,i .u:~+:~'vS i.~:i: ::.:'t '~~C:':!`?!^`: ~ ~
rORI PIERCE at Fort Pie~ce, florida, the sum o4 S 11 Lu~~•0O vv~th mreresr from date at the rate of 0O•o pe~ annum, in monthly instalt- ~
~~enrs ns fol'ows:; ~3 on 1he _15L day of _February ~9__.?~_ and a like sum on the ca:cspond~~g day of each month there- ~
atter unt~i the whoie be Iv~ly pdid.
Each lnstallment fint shall be appl~rd %n payment of the intrrest and ti,en on the unpaid 'oalance of the p~:~opal sum. tf d a~lt is made i~ the
<a,mrnt of any insrallment wAen d~e, and such default conri»ues 30 days, then at the op~i~n of the ho~der, and wltho~~ any other ~ohce, all the remain~ng ~
~~sealtments shail be due and payable at once. Pnv~irge is given to propay this note in whole or i~ part at any hme withovt penalty. Neithcv forebearance,
nor acceptance by the holder thereof airer a~y defauN in any pay~ents hereon, shall be deemed ex!ension. A latr payment charqe o! S_ 4. 65_, shatl be i
-d,3ed ro each inuallment remaining unpa.d 7 days afte? its duc date, and a 6Ae sum shaH !x addad ~o each s~rch instatlmeM remain~ny unpa~d 7 days after
each wcceeding payment data j
Ea~h maAer, surety and endorser hereof, jo~ntly and severally, v.~a~ves demand, p~esentment prote:t and noi~ce of protest for nonpayment, and funher
agreea to any ex+ent~on of t,me of payme~t, e+rher be{o~e w after ma~ur;ty, ,n,;~hout nonce to any of us; and to pay all costs of collection, includ.ng a
r.~asoaable attorney's fee in the even~ of any ~efauit herrunder, and hereby several!y waires alt beneiit of homestead and exemp~ion under the constitWion
?,d laws of cach State of the Umted Srates, es aga~nst this ob~~gaiion or ~ny euens~on or renewa! hereof.
W~tnesa iix hsnd and seal of each parry.
S/ Dale S. S:~ith ~sEAI)
' (SEAU
s Martha A. Smith ~A~~
(SEAI)
=16 • 5O ) State Re~cnue
ikaopt aaodle~ na arip'si~~rtv
NOW, THEREFORE, the MORTGAGOR for the purpose of securirg psyment of ta~d sum nf j 1 1~~~~ ~nd the pcrformsnce of the
covenants a~ ~greemenrs herei~afte~ expressed, and fw divera good a++d vatu~bk co~siderations, by these presents, does g~ant, bargain, selt, remise,
reiease, convey ar~d confirm unfo the MORIGAGFE, its successors and au;gns, alI ~hat cer~ain lot, piece or parcel of land, situate, lying, end being in the
County of $t . I.L1C i e and State of Fbrida, deacr~bed ai follows:
4
1
Lot 12 and the fia~t 20 feet of wt 13, Block 11 ~:•4~RAVILLA
~`rtr~ea7VTCTr1_+ ~~y`:a_^~, ±hp +,~at L}1PTt?Af as recorded
~ ~.ri ..i J•..LiaJ~ a iJav~~' > i_
~ in Plat Booic page 44 of the Pub2ic Rec~rds of St. Lucie
~
j County, Florida,
i
i
~
E
~
RECEtY~+1 t~~ -C~ tN PA'!!1EAIT pF TA~
DUE (~.hi ~:.1:S 'C' !I'~TA'~!'!E. .SC?JAL P~
1_L} r--:1 Lir'1 Pli..S:A::' :G CF_~?;_R E E'
W } 5
i _ , ~T.•~~~,. ~ , ~ ~ Tn _1, ncrs oF is4i°PEg11~,
` h _ - - - ROG_-R PJI: PJS, Cierfc Cirtu~t Co~rt
~ ~E~3C71 '"~i = as Agent tot CANIEL N. KNpN~~,
1R
" ~t St Cucie
v~' { Q~ f_.. 6 5 ~ounti Tax Cotlector
P.~.~vo~r2 - - .
~ C~ ~
j ~ • ~a~caM
~
i
a rogether w~th •II and singular the tenements, hereditaments and •ppurtances thereunto belonging w in anywist appertaining rhereto, and all rents, iuves,
~ proce~ds and proirts acaui~g and to acc?ue from said premises, sfl of wKKfi •re included in the above +nd fwe~oing dewiption and Mbendvm.
i
TO HAYE AND TO NOID the sbove described and gran±ed premises unto the s~id MORTGAGfE, its successori and assigns fwever. Md tM s+id
the ir
MORTGAGOR for heirs, executui, administrators snd +asi9ns, hereby covenants with the said MQRTGAGEE, itt wccestws snd ~uiyru,
; a
~ rhat - th~ aZe-- fawfully ~eized of the asid prem~ses in fee simple; tAst th~ s~me are free, ckar and dixhar9ed from sll liera uid ~ncum~
s b.ances in law or i~ equi~y, snd thst t he y N,;~~ t~le 1 T heirs shail warrant and defend the titte ro the same fo the said
MORTGAGEE, irs successas and assgns, forever ~gainsf the lawful claims ~nd dcmands of all persons;
PROVIDfD, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissoty note hereinbefwe dexribed and shall truly, promptly
and fulty pe?form, d~uharge, execute, complete, comply with and abide by each and every the stipulations, sgreemenn, condirions and coven~ots of said
promissory note snd of. this Mortg~ge, then this Mortgsye artd the Estare he~eby created shal! u~se and be null ~nd wid.
iT IS UNDERSi00D tha~ the word •.Nlortyagp•• whN}ur in 1Fx singular w plural ~nywhert in lhi~ Mortgage, ih~ll be siry~lar if o~e only ~nd !
~ shall be plural jointly ~nd seveqlly if more than one, ~nd that the wwd "t heir" ~t used anywhere in this ARorty~ge shall be taken to me~n "his; '"hera; '
or "its;' whereve~ tha conteat w implies or admits. Alw, fhat wherever there is s reference in the covenant~ and agreemenb herein contaiMd to any of
~he paniet hereto, the tame ahall be constrved to mean as well ~s the heirs, ley~l r~etentatives, iuccessa~ ~nd assigns (eithe~ voluntary by act of th~
parties or involuntary by operstiw~ of the law) of the ssme and that the covenants herein contained sMfl bind ar+d tf+e benefits arrd adwnt~qes inure
ro the respective he'at, tey~l rspresentarives, wcceasois and au~yns of the part~es hereto.
And said Nlorfgsgoas, fa the:aselves snd their hein, leyal representatives, successo~s ~nd sssigns, hereby joi~tly snd sev~rally covanant a~d ayree
ro and with the said N1QRiGAGEE, ~ts successus arsd assigru:
1. To pay all ~nd iinpular the principal and imerest and the various and sundry sums of monay payabie by virtue o~ said promissory note, and this
mwty~ye. each snd every, prompNy on tf~e dsy~ respect',vely the same sev~nlly become due.
4. To pay al! and i7ngular the ta~ees, assessmenh, lev'~es, li~bifities, oblgstian and encumbrancet of evcry nature snd kind now on said de~cribed
p~operty, or that hereafie~ may be impo~ed, wffered, pl~ced, levied, or asscsud thereon, or tMt F~erealter msy be kvied a asscurd ~pon thp Mortg-
aQe, a tM indebtedneu secured hereby, each anQ every, when dve and payible, ~ccadinp to law, before thcy become d~linqueM, a~d befwe ~ny imerqt
attaches a any pe~alty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAII 8f PRCMPiIY SATISFIED AND DISCNARGED OF
RECORD AND THE ORIGINA~ OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RfCEIPT OR THE SAIISFACTION PAPER OFflCIA1LY ENDORSFD
OR CERTIFlED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE W11HIN TEN DAYS NEXi AFTER PAYMENT; and in the evcnt that any thereof is not
pa~d, se?"sticd and dlxha~ged ss:d MORTGAGEE may at any t~me p~y the same w any part thereof without waiving or affectirg ~ny option, lien, equ~ty o~
•pht unde~ a by virtue of this mortgage a~d rhe fuN amovnr of each and every a~h payment sh~ll be immediarely tiut •nd payable u+d shall ~ar int~rest
~rpn ~?~e d~te thrreof uetil pald at rate of n~~e per cent~m per annum ~nd toflHher w~th such imeresF,sFyll ae~ecured by the lien of th:f moryt~ge.
enKY19~ r;~c~:~?~~ _