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HomeMy WebLinkAbout0453 ~849 4' TNIS IN~ENTURE. M.d. 25~h d,y ~f January A.D. 19 72 ~tw~,+ Sarah Mn Tuthill, a sinale adult of St. ~L1C~8 Counfy Florida. Mrein~fta dts'gna?ed as the "MORTGAGOR," ~nd FIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • cupaat~on wya~ised and ~x~sunp unde~ tM I~ws of tM U~~t~d St+~~s of Americ~ and haviny in principal piac~ of buiintu in th~ City of Fut Pi~rc~, St, luci~ County, Florida, hsrtirt~hK dtsiynated a tM "MORTGAGEE." WHEREAS tM MORTGAGOR is justly indebted to ?Fw MORTGAGEE in the sum of = ~ ~~9~•~ good and Iawful money of the Un~ted S~ates adva~ced by ths MORTGAGEE unto tM MCRTGAGOR, as evidrnced by a certain promiuory ~ote of even date hcrew~~F+, of wh~ch the followinp in wwds ~nd fiyur~s is • trw copY. IOwit: ~ t o~q00. 00 3-1 868 P;.?~.. Fi~~d,, January 25 ~9~ fw value received, 1, we o? either of us, prom~se to pay, withouf defatcation, to thc ordcr of FIRST FEDERAL SAVINGS AND tOAN ASSOC~ATION OF FORT PIERCE at Fort Pierce, Flwida, the sum of = ~ ~~9~~~ ~ with inte'reqst From date at the rate of 8!0_ o per ann~m, in monthly install- ments as foltows: S~•~ on the ~~t d+y of ~~h , 19~ and a like ium on the cwrcspond~ng day of each month there- afrer until the whole bs fully paid. Each :nstallment first shall be applied in payrrKnt of fhe interesl and thcn on the unpaid balance of the p~inc~pal sum. If d ault h made in the payinent of any installment when due, and such default continues ~0 d~ys, then at the option of the holder, and without any other notice, all the remaining ;nstallments shall be due and p~yabls at ance. Privileg~ is piven fo prepay this note in whole w in psrt at any fime withovt penalty. N~e~i~the~r ~fwsbearance, nor acceptance by the holder thereof after any defauH i~ any paymenh hereon, shsll be deemed extension. A Iste payment charge of i~!`"! , shsll be added to each instatlment remaini~g unpa~d 7 days after iri due date, and a like sum shall be added to each such installment ramainirg unpaid 7 days sher each succeeding payment date. Each maker, surefy a~d endorser hereof, jointly and :everally, wa~ves drmand, prexntment p?otest and ~otice of protest fo~ nonpayment, and further agrees to any extcnsion of time of payment, either before o~ after maturity, without notice to any of us; ~nd to pay al1 toats of mllection, including ~ reasonabte atforney's fee in the event of any default hcreunde~, and hereby severally waives all benefit of homestead and exemption under the conititulion ard taws of exh State of the United States, as against Ihis obligation a any eatension w renewal hereof. Witneu the har~d and u+l of each party. s/ Sarah Ann Tuthill ~Au (SEAI) (SEAU ( ~ 6. 35 ~ Statt Rev~n~e ~Au NOW, THEREFORE, the MORIGAGOR for the purpose of securing p~yment of ssid sum of S ~ ~~9~`~ , and tM performance of ths cove~anb snd agreemcnq hereinafter expressed, and fw divers 9ood and valwble considerstions, by these presenri, does gr~nt, bar~ain, seti, remise, release, convey snd confirm unro the MORTGAGEE, its successors snd auigns, all that ceruin IoL piece or parcel of I~nd, tituate, lyinp, end being in ths Couny of , and State of florids, desuibed as fotlows: The West 6!~ feet of the East 567 feet of Lot lt7, ONIT ~1, ; MARAVILLA GARDk~tS SOBDIVISION, according to the plat thereof ; on file in Plat Book 6, at page 55, of the public records ~ ~ of St. I.ucie Countq, Florida. ? E - i [ i S ~ z v r. ~,1 c~ 1 i- o- ~ i.' ~ ~ ~J!/L r ~ ; , _ : ~ " x ~ ~ _ _ . - ~ t~ T_. j( RE*'E~li^ S 1'i ~~Y1~Gtii Oi TAitF^a J~ .:~hc7'72 _ Di E ~il lA~a 'C Ih'~.tiL• RtF ~zR~JhX FRI=EkTY, ~ f-- c~ ' 1~~ 3 5- fL~ ~~.a~~ r-~-,a ~ t~ l! a~ ~ c~ :si~. ~ Lf: i. 1.i F.: f M', ~ -:.t _ f{~tit!' i .i.`.. ~ ,i t .-s.' . :d~. A. f:i. P.t3.:eU~~,~,.`~~ - ~ _ - together with all and sinyular the tenement~, hereditaments and ~ppurtances thereunto belonginy or in ~nywise appertainirq fhereto, snd aIl rtnri, iuues. ~ pr«eeds and ptofita accruing and to acaue from uid premius, all of which are inctuded in the ~bow a~d for~yoirg description ~nd I+~berdum. TO HAVE AND TO HOID tM sbove dewibed +nd yranted prcmises vnto th~ wid MORYGAGEE, it~ succtssora and usipns fwwe~. Md th~ said MORTGAGOR for h~r executors, ~dministntws ~nd suiyns, hereby covenanb with the s~id MORTGAGEE, itt ~utctssort ~nd assgn~, ~ rhat 4he ~s ;~~ully seized of the said premisei in fee simple: that tM same ar~ frs~, clear snd dixharyed from ~11 Uem and ~ncum~ ~ brancd in law w in equity, aod that g~ will ~nd beY' hein shall warrant ~nd defend tM titl~ fo tM sam~ fo NM wid 'r MORTGAGEE, its successors ~nd aui9ns, fwever ayainst the law(ul cli~ms and demands of all persons; PROVIpED, ALWAYS that if the MORTGAGOR sfiall pay unto the MORTGAGEE the promiuory note hereinbefp~ deuribed ud sh~ll huly, promptly ~ and fully perform, diicMrge, execute, compkte, comply with and abide by esch and every the stipufations, ~y~eew?enb, conditiont and covenant~ of said ' promissory rate and of this Morty~ge, then this Mortgaye and the Esbte haeby veated shall ce~se and bs null ~nd void. ~ IT IS UNDERSTOOD that tht word "Mwty~go?" whethcr in tM sirgular a ptw~l ~nywhere io this Mwtyaqt, sl?all b~ sirqvl~r if ora only ~nd p ~a y yw yaye ~h~ll be taken to rr~an "hb;' "Mn;' " sh~ll b~ Iwal ''ntly ~nd sever~ll if more th~n on~, and that tM wad "the'u" as used ~n here in this Mwt - or "its;' wherever the context w impliet a ~dmits- Alw, that whereve~ there is ~ refaence in the covenann ~nd ~pr~emenb her~in contained to any of rhe partiq hereto, the same shall be construed to me~n +s well ~s t}~e hein, leyal rep~ssenl~tives, s~ccesson snd auipnt (eithtr vol~nt~ry by act of tl» parties w involuntary by operatio~ of the I~w) of the same and tMt the covcnants herein co~tained shsll bind •nd rhe b.nef~n ~nd advamap.s inur. ro the respectir~ heirs, leyal representstives, successon snd au°9ns of the partiei Mreto. ' And said Mortyagors, fw themselves and their heirs, Isy~l repreuMativd, wccsuws ~nd assipru, hereby joiNly s~d sevtrally coven~nt a~d ~yree - ro and with tM uid MORTGAGEE, its successas and ~~i~qns: 1. To psy all and sinpular the p~incipal snd interest and tF~e wriovs and su:idry sums of money peyable by virtue of said promitw~y nofs, and thio mwtga~e, each and every, promptly on tF+~ days respectively tM same sev~rally become due. - 2. To p~y all and siryula~ the taae~. ~ssessmenn. Isvits, li~bilifiei, obligstiau and encumbr~nus of every nature and kind norv on s+id d~suib~d ':~,i proptrry, a that hereafter may bt impowd, wffered. Pl~ced. Iwied, or asseued thereon, w that hereafter may b~ levied a usesreJ upon this Mwt~ ~ge, o~ tFw indebt~dness aecured F~e~eby, each aod every, wMn dve a~d payable. ~ccordinp to Iaw, befat they become delinquent, and befa~ MY {MNftt attaches w sny penalty is incurrtd; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAIt 8E PROMPTLY SATISFIED AND DISCHARGED OF ;~a RECORD ANO THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PI4~ER OFfIC1AlLY ENOORSED ~ OR CERTIFIEO) SHALL 6E PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tl~e evem fMt any thereof is rat paid, sat'sFied and discharged sa:d MORTGAGEE m~y •t any time pay the t~me w any p~A thereof without w~ivirq w•Ffectirg sny option, lie~, equity or - •~qht under w by vinue of this mortgsge and the full amount of each and every such payment thall be immed'utely dw snd payabk ~nd thall be~r interest ! irom the date thereof until paid at rate of ni~e per centum per annum snd together w~th s~ ~~~I «rsCecur~~e lien of th:s morytp~. ~ r wtK i ~l.?