HomeMy WebLinkAbout1526 2~~.~~s ~ k, .
THIS INDENTURE. Msd~ the 3~h day of December A.D. 19 71 between
Arthur T. Johnson, Jr. and Glorfa . Johnson, his w e
of St. LlICi@ County flaida, herein~(ts~ desgnared as thQ "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, • corporat~o~ w~anized and exitiing under tha laws of the Un;~ed Sra~oi of America and haviny its p~~nupal place of
busineu in tM City of Fwt Pi~.ce, St, lucie Cou~ry, Florida, Mreinafter des~yna~ed ~s IM "N~ORIGAGEE."
WHEREAS ths MORTGAGOR is juslly indabted to 1he MORTGAGfE in the sum of : ~ 8~•~ _ good and lawful money of the Un,tcd
S+nres advanced by tF~e MORTGAGEE unto the MORiGAGpR, as evldenced Dy a certa~n prom~sswy no~a of e.en date herew~th, oF whlch ~he toilowin9 in
words and figuroa is a uw copy, to-wi?:
s > > ~ 800.00 3_~ ~~7~2
~
fort Pierce. Florida, ~C°~~r 3~ 19 71 ~
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fp value received, 1, we w either of us, prom~se to pay, without defalca~ion, to ~he ordar of FIRST FEDERAt VINGS AND IOAN ASSOCIATION OP ~
Fp;~T pIERCE a1 Fort Pierce, Flwida, the evm of S-~_ w;fh inrerest irom date at the rate of ~'~._;o per annum, in monthly instal6
,enrs as fol:ows: : 99'~ on the ~ S~' day of FeblRlaI~I 19_ 72 _ and a like sum on the correapond~ng day of each month there-
,~rPr uMil ~he whole be ~ully paid.
Each installment fint shall be applied in payment of the intero~l and thcn on the unpa~d batance of the pnnrpa! sum. I! d auh is made in fhs
F a;ment of any installment when due, and such defautt cootinues 30 days, then af the opt+on of the hofder, and w~tho~t any other ~o~ice, all tF?e remain~ng
;~:sraltments shall be due and payable at once. Privi{ege is given to prepay this note in wholc or in pa?t at any t~me wethout penaNy. Neither Cforebearance,
nor acceptance by the holder thereof after any defa~lt in any payments hereon, ahall be deemed extens~on. A!ate payment charge of S~•97 , shall be
>:ided to each instailment remainiog unpa~d 7 days afte~ its due d~te, ~nd a tike sum shall be added to each such Ins~ailment remaining unpaid 7 days after
r:~ch sucteeding paYmeM dare.
Each maker, suret and endorur hereof, ointl a~d severall wa~ves drmand, ;
Y ~ Y Y, p?esentment p~otest ar.d notice of protesi for nonpayrrKnt, a~d furthe~
agrees to any extension of t~me of payment, either before w after mawrity, wifhout not;ce to any of us; and to pay a? costs of caleci+on, incl~~ng a ~
r~•.~sonable attorneyb fee'in the event o( any default hereunder, and hereby severally warves aN benef;t of homeslead and eaemption under the constitulion
~•.d Isws of each State of the United States, as aga~nst this obli9atioo or any extenaic~ w renewa~ her~F_
W~tness the hand and ual of each party_
_ s/ Arthur T. Johnson, Jr. ~A~~
(u~+ij
s Gloria M. Johnson ~A~~
t_ ~ 7• 70 1 Stafe Revenue ~Au
; S+an~pr eawte~le~ ar erip'wsF-no?e)
NO'N, THEREFORE, the MORTGAGOR fw tfie purpose of securing payment of said svm of t ~g~•~ , and the perfo~mence of ths
covenants and agreemenb here~naFte~ e:pressed, and tor d~vers good and valuable co~siderations, by these p~esents, docs granl, barflain, seil, rem~se, i
~e:ease, convey and confirm unto the MORTGAGEE, its successors and ~uigns, all that cer~ain lot, piece o~ parce) of land, •ituate, lying, snd being in the ~
County of $t. j+uCie ~nd State of florida, deuribed ~s fof{ows:
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..u, ~rn. ~rr crruTITVTCT(1tR1 ag r?nT Dlat
LOti ~1~~ ~~OC~C :Y~ ~Ltti't~t_~un r13Na~i~ ?V?rr1.~...?....3 r .
' thereof recordad in Plat Book 5, page 1t9, Public Records s
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` of St. Lucie County, F'lorida,•~ (
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~~3. ~ G ~M pA
TO ClbtpTFR~lB(E PER90?y~~ ~ T~
` ROGER + P ?o~2a,
~ PoI~~. Clerk Circuit Ca~s ~ Iy~~j,~
w 5 I.~i t t_ L~~ f-? i~~ rt
l~l)~:L.'~;~i!~(:.~:.A'_ ~ IC~i_'P 1 n ~UCIC ~p .
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i fogether with all •nd singutar the tenanents, hercditamenh ~nd appunances thereunto be~onging or in anywise •ppertsininy thereto, and a!1 rents, isfues,
proceeds snd profits ~ccrv+ng and ?o acaue from said premius, sll of which ere included in tht +bovt ~nd foregoing descriptia? and habendum.
~ IO HAVE AND TO HOID the sbove deuribed and granted premises unto the said MORTGAGEE, its successon and assigns forever. Md th~ said
= their
MORiGAGOR for - heirs, executws, administrators snd a~signs, hereby covenann with the said MORTGAGEE, its sutcessas and ~uipm,
ri,st t'he-Y a~ lawfully seized of the said premise~ in fee simple; tMt the same are free, ckar ~nd dixharged from all liens and ~ncure~
~ brances in law w in equity, and that they w~~~ their he;n sha~l wsrrant and defend the titlt to the sarrK to the said
MORTGAGEE, its succesfo~s s~d aui9ns, forever ayainst the law(u! claims and demar+ds of al) personf;
PROVIDfD, AIWAYS thaf if the MORtGAGOR ~hall pay unto the MORiGAGEE the promisswy note hereinbefwe destribed +nd ~hall truly, promptly
and fully perfwm, d'+xhar9e, execute, complete, compty with and abide by each ~nd every the stipulations, agreements, conditans and corerunts of said
promissory not~ and of this Mwtgage, then this Nbrtgage and the fsrate hereby ve~ted shall cease and be null and vo;d.
IT IS UNOERSTOOO tAat the word "Mortgagor" whether in the sinqular ot plural anywhe» in this Mortgage, ~h~ll be sinyular if one o~ly ~nd
shal~ be plur~l jointly and severally if more tha~ one. ~nd that the wwd "thsir" ~s ~sed anywhers in thn Mwtyage ~MII be take~ to mesn "Ais:• ••hers:' :
or "its;' wherever the co~text w impliat w ~dmits. Also, that wherever the~e if a referente in the coven~nn ~nd sgreement~ he~ein contained to any of
' rhe parties I~ereto, th~ ume shall bs construed to me+n si well as tF~e heirs, legal rep~esentatives, successon snd sssig~s (either vol~ntary by act of the ;
parti~s or i~valuntary by operation of the Iaw) of the same and that the covcnants herein contained shall bind and the benefits and advant~yes inun
ro tM respective hein, teyal represe~tatives, ~uccessors and au~9ns of the parties he?eto. ~
And s~id Mortyagon, for themselves a~d tl~ei? heirs, lep~l representatives, succeasors and auigns, hereby jointly and ~everally covenant and ayree ~
~o and with the said MORTGAGEE, its success«s ~nd ~ui9ns: i
1. To p~y all and sin~ular the principal and interest and the various ~~d sundry sums of money payable by virtue of said premuswy note, ~nd this 4
mort9a9e, each and every, promptiy on the days respectively the sams saverally becwn~ dve.
2. To pay •N and singvla? the taxes, assessmenfs, levies, I~ibilities, oW~gations s~d entumbr~rxes of every nature and kind now on said desuibed i
property, or that Mrealt~r may be impos~d, suffered, placed, levied, or asseued thereon, ot that hereafta may he levied or nsessed upon tha Mort~- 's
aye, or tht indtbtedneu secured F~ereby, ~xh +nd ~vNy, wl~en due ~nd pay~ble, accordiny to liw, belae they betan~ delinqueM, snd befwe any iM~rest ;
erteches or any ptnalty is incurred; AND IN50FAR AS ANY TNEREOf IS Of RKORO TME SAME SHAtI 8E PROMPTIY $AIISfIED l.~1D DISCHARGEO OF =
RECORD AND iHE OR{GI1~fAl OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR tHE SATI$fACTtON PAPER OfftClAttY ENDURSED ~
OR ~fRTIf1ED) SHAtI ef PLACED !N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tne e_ent that any thereof is not
paid, sat sfied snd d~uharged sa:d MORTGAGEE may at ~ny timt pay tht same or any part thereof without waiving or effecting iny option, ~ien, equity or ~
•iQht undr or by virtue of this mortgage and the full amount of each a~d eve~y such payment shall be immed~ately due and paysbk and •hsli be~r i~t~res~ ~
<<om the date Ihereof until paid at rate of n~ne per centum per an~um and toye~ r t i ch interest shall be sec~red by the lien of th:s mor9ta9e.
8o K~~s P~15z4
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