HomeMy WebLinkAbout0300 22;~'73bi ~
THIS INDENTURE, Mad~ th~ ~ day of J8llua A.D. 19- T~ betv~rean
Frederick F. tliff, Jr. and Louise Ratlisf, his xife
of ~+1~CiB County Flor~da, htreinahM tksiqnated ~s tM "MORTGAGOR." and FIRST FEDERAI SAVIMGS ANO LOAN
ASSOCIATION Of fORT PIERCE, • corporation orp~ni:ed ~nd existinq under tM I~va of tM Un~ted 'aae~s of Am~ric~ snd havinp its principal plus of
bwin~s in tM City of fwt Pi~ru. St. luw County. flaida. MreinahM da~pnat~d +s th~ "MORTGAGEE.••
WMEREAS tM MORTGAGOR is jwtly indebted to tM MORTGAGEE in th~ surn of s TiS~•~ good and ~+wFul money of the Un~ted
S~ates advarxed by the MORTGAGEE unto tM MORTGAGOR, u•videnccd by a cen~in promiuory no~e of even date herewith, .of whlch the followiry in
wwda ~nd fyuret a a trw copy. to-wit: ' 820
= 7.500.00 ~ 3'
\ Fort Peert~. Fbrida, tt8I1118!'y ~ ~ ~q 72
~ Fa value reteived, 1, we a eithr of ~s, prom~s~ t~o+ pay, without deialcatan, to the order of FIRST FEDERAt VINGS AND tOAN ASSOC~ATION Of
FORT PIERCE at Forf Pierce, fbrida, tF~e sum of Z~~Z~•~ with interesl (rom date ~t the ratc of 96 pa annum, in monthly inst+ll-
~ r~ents as follows: i 63 a+ ths ~ 8t day of ~~h 19 ?2 ~r?d + like sum on the cwresFwr?dirg day of each month there-
~ afrer until the whole be iully paid.
s Each imtallment first shali be sppGed in paymcnt of the interest and the++ on the unpa~d bsl~nce of the prinrpal sum. If d ault is msde in 1M
;.ayment of ~ny installment when due, and such defauM continues 30 days, thm at the opt~on of the holder, and without any othcr notice, all the re+naining
\ ~rs+ailmcnts shall be due and payabk st once. Privileqe is given ro p?~pay lhis note in whole or in part at any t~me without penslty. Neither forebearance,
nor uceptsnce by the holder thereof •fte? ~ny defauh in any pay+nents lxreon, shall be dermed extens~on. A Iste payment chsrge of sMl) be
added to each irotaNment remainirg u~pa~d 7 days after iri due date, and a like sum sMll be added to each such installmsnt remaininy uopaid 7 days after
~ each succeediny p~yment date.
~ Each maker, wrety and endwscr hereof, joimly and sevcrally, w+ives demand, prescntment protest and roticr of protest fw rwnpayment, ~nd funher
, agreea to ~~y extensan of t~me of payment, either before or ahcr matw~ty, wirhout notKe +o any of us; and to pay all cosb of mllection, includ:r?p +
~ reasonsbk srforney's fee in ths event of any defsult hcreunder, •nd hereby severefty waives a~l benefit of homesfead and exe+nption under the constitution
a~d laws of each State of ~he United States, as ap+~nst this oblgation w any eatensan a renewal hereof.
1 w~tr~ess the hand snd sa1 of esch pa.tr• ~d F j~t r
• ~ (SEAU
,U', ~c~o ` ~~it ~ntE~r ~?u
/~1~1L~ l~ OuE a1 CLASS 'C' e1RN18rN.E ?El90iMl ~ csEAu
m cwwo n-i~. ~s a rai. ~,u
~
c $11 .25 ~ st,,. Rr,~,,,. ~R Ga~ cina~ owe~, Se 1~d~ O~
~ NOW, THEREFORE, the MORTGAGOR fw ths purpose of secu.irg psyment of uid.wrn of i 7•7~•~ and tM perfon++~nce of tt+s
~ covenanri and ayreemcnb hereinafter expressed. ~nd fa divers yood and wlwbl~ consideratioro, by tF?es~ pesents. does gwnt, barp~in, ull, rcm~se,
release, convey and confirm unlo the AAORTGAGEE, its sutcessors and suy~+s, all th~t tert~in bt, piece or partel of land, situate, lyirg, and beinp in ths
~~~y ~ $ti. ~1C~e u~d Stat~ of fbrida, dew~ed u tollows:
I,ot 2, Blxk 6, ~UNRISg FS?A?ffi, as per plat thereof on file
in Plat Book 8, Page ?5s of the Pnblic F~cords of St. Iucie
Caunty, Florida
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~ togett»r witA sll and sirgvlsr tM tenements. hereditamenri and ~ppurt+nces tMre~?nto belorginp or in ~nYwist appe~taininp ti»reto. ~nd ~11 renri, iuws,
~ p.oceeds and profits xcruirq snd to accrue from said premises. ~11 of whid~ ue included in the abov~ ~nd fore9winq de~aiption and Mbendwn.
~ TO HAVE AND 10 HOLD the +bov~ desuibed ~nd yranted p?emi~es uMO tM said MORTGAGEE, in wocessas ~nd assipro forevu. Md th~ s+id
~ MORTGAGOR fw their ~xKUton, adm;nistratws ~r+d auigro, he?eby ooven+n» with tM ~aid MORTGACiEE, iri uxcessors ~nd assiprr,
rhat a~ lawfvlly s~iud of the s~id premiws in fse simple: th~t th~ ssms an frw, cl~w ~rd d'adw~psd hom all liara w+d a+cwo-
brances in law w:n equity, and tMt_~~' will and their hei~s sh~ll wuruN and defu+d tht title to the sarrw to ths aaid
MORTGAGEE, in svueuors ~nd ~ssiyns. ~aew~ ~pairnt the lawf~l claims and demands of all pasons;
- PROVIDED. AIWAYS that if the MORTGAGOR sh+ll pay unto the MORTGAGEE tht promis~ory not~ he?eir?b~fore destribed snd ahall trulY. P~a^'Pt~Y
~ and fully perform, d"adwryie, exacute, comP~~, ~o^~P~Y with ~nd ~b~de by each and every the stipvlataro. ~9~ear~nn, conditiom and wr~n~nd of said
prom~ssory not~ and of this Nlort~aye, then this Mortyap~ and the Esute hneby v~ated shall aaw and bt null and wid.
IT IS UNDERSTOOD that tl» word "Matpapor" whetfier en the sirgulu a plwal anywhae in this Matys~. ~FuN b~ sinp~lar if one only and
r°t
. shall be plw~l 'pintFy and aever~lfy if mors tFwn o~e. ~nd that th~ word "their" as wed ~nrwhsn in this Matpa~e ~hall be t~k~n ro mean "his,`• •'1»n••
or "ib:' wherw~r the context w impli~s a sdmin. Also, tMt whererer there is • rsfae+xe in th~ cov~n+nn ~nd p~eerrwnb herein co~+tain~d ro~ny oi
rhe parties hareto, the same sh~ll b~ construed w mean as well as the heirs, {pal representatives, s~ueison and augro (sither voluntary by act of the
parties or invduntary by operation of the I:w) of the s~rne and that the covenann herein contained s1w11 bind and tM b~n~fin and advantapes irwr~
ro the respectiw heirs, I~+1 representatives, wcceswr~ and ~ss~yro of tM puties hasto.
= Md wid JNortyayors, fw themselves and their hein. I~yai represemitivts, successors u~d ~ssi~rn, herebp jointly and stve~~llr oovs~+m and ~pne
ro~nd with the said MORTGAGEE, in wccesson snd assqro:
1. To p+y sl) and sinpula th~ prirKipal ~nd imerest ~nd the vuious and sundry wms of monsY wY+bfe bY virtw of taid promiswry noM. ~nd thp
E~, mwtyspe• eath u~d svKy. P~a^Pt~Y on tht days respactivtly tFw sarns ~nrdty bscorne dut.
= 2. To pay all and sieg~rlar the ta:es, au~su~x*~», levie~, tiabilities, obtip+Pans aed encvmbrances of wery rMhx~ and kind now on ~aid descr+b~d
w~nY, a that hereah~r may be irnpoNd, suffend. P~+ced. Iwwd, a aues~ed thereon, w tMt here+fter may be k+ri~d a as~ss~d vpon thit Mort¢
sye, a tM ind~bt~dn~ss searnd hereby. ~ and evay, when dw an~ pay~bk. Kcordinp to law. befa~ they b~coret d~linqwm, and befor~ anp kNeren
'g~ snsches p an~ penalt~r is incwred; AND INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SMAII 6E PROMPTLY SAIISfIED ANO DISCHARGE~ OF
RECORD AND THE ORIGIF3Al OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACT{ON PMER OFFICIALIY ENOORSED
OR CERIIFIEO) SHALL !E OIA~E~ IN 1HE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AiTER PAYMENT; ~rd in tM eveM thst any M~ereof is no1
paid, sat"sfied ~nd disch~~ged s+:d MURTGAGEE may at sny time pay the same o~ any pan thereof witF?out w~ivirg w affectinp ~ny option, lien, equiry a
•pM under w by vi~tue of this mortfl~ye and the full amount of each and every such psyrrMnt shall be imrnediatefy due +nd psy~bk ~nd shall btu intetHt
irom the d~te thereof until p~id at r~te of n~ne per c~ntum per ~nm;m and royether w~th wc1~ i r t sec~r~d b of th:s mwytps.
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