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HomeMy WebLinkAbout0536 ItrNl~.~jVIV ~ / iHIS INUENTURE, Mad~ ~he_ 26th day of Januar~ A.D. 19~ betwcen Earl H. Hortnan and Ethel Acrtnan, his Wife of _ SL. Iit1C~8 ~p~~~y Florid~, here~nafttt dssignsuc~ ths "MORTGAGOR." and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, ~ corpaation o~9snized and ex~s~ing unde. the Iaws oi the Un~ted Sfa~a of America a~d havirg its principal pl~ce of bus~ness in tM City of Fwt P~ac~, St. l~:c~s County, flo?ida, hercin~tter d~si9nated si tF?~ "MORTGAGEE." WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE in the tum of S ~~~300'~ good u+d Iswful money of the Un:tcd Srates ad+anced by the MORTGAGEE uroo the MORTGAGOR, as evidenced by s certa~n promiuwy note of even dste herewith, of which the iollowiny in ..ords and figures is a trw copy, to-w~t: s~o,3pp.pp 3-1T,8?3 fo?t Pierc~. Flwida. J~T1u8I'~ 26 19_1~__ fo~ vat~x receivcd, I, wc a either of us, prom~se to y, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION OF F~~RT PlERCE at fo~t Pierce, Fbrida, the sum o1 S 3~~~~ w~th inee~est from date at the rate of ?•75 °,o per annum, in mo~thly instatl. ~~ems as fot!ows: S 85'~ oo ti+e ~ st day of ~~h 19 7~ and s Gke sum on the correspond~ny day of each month therr aher unti) the who:e be fully paid_ Each insraliment first s:~all be applied in payment of the interest and ~hen on the unpaid balsnce of the princ+Fal sum. If d ault is made in the ,a;mem of any instalfinent when due, and such default com~nues 30 days, fhen at the op~~on of the hoidcr, and without any other no~rce, all the remain~ng •~sraltmenfs shall be due and payable at once. Privilege is g~ven to p~epay this note in whole w in part at any t~me without penalty_ Ne1i-ther forebeara~?ce, ~or acccptance by the iwlder tlureof after any default in any payments hercon, shall be deemed extens~on. A late payment charge of 4•2 sh~ll be ~dded to each ins~al+mem remain~ng unpa~d 7 days afrer its due date, and a Gke sum :hatl be added to each such installmert remaining unpaid 7 days afte? - rach sutceeding payment date. Each make?, surery and endwser hereof, jointty and severally, waives demsnd, p~esentment p~oteat and notice of protest fw rwnpayr*Knt, and funher a;;ees to any extensa~ of t~me of payment, e~The. before w afte? maturity, without no~~ce to any of us; and to pay s11 costs of collection, irxlud~ng • •-~sonable attorney's fee in the event o( any default hereunder, snd hereby seve~ally weives a71 benefit of homestead and exemption under the constitution d laws of each State of the United States, as against this obG9ation w any ex!ension or renewal hereof. W;eness rhe hand and seal of each party. s/ Earl M. Rortman ~A~~ (SEAI) s Ethel Hort~man ~sFw~~ cs~?u ~ ~ • u~ 1 State Reven~e NO',N, THEREFORE, the MORTGAGOR for the purpose of secvring payment of sa~d sum of S ~~~3~•~ and the perfwmance of tl+~ covenants and sgreements hereinafter exp~esud, and fa divrs 9ood ~nd v~luabte considerstions, by these presents, does gianL buyain, sell, rem~se, ~e~ease, convey end confirm unto the MORTGAGEE, its successors and au~gns, all that certain lot, piect or parcel of land, ~itune, lying, ~nd bai++p in tM County of $t. Lueie ~nd State of Flwida, desuibed as fol~ows: f Lot 10, AZALEA WAY SUBDIVISION, according to a plat ~ thereo° on file in Plat Book 9, Page 51, public f ~ records of St. ?ucie County, Florida.~ t ~ ~ ~ ~ ~ ~ ~ ~ 5 ;'~-~~-c' ~r t ~_U",i , ~ JF~ ~jQ ~ ~ , .~tT~ ~ i' Z~a~L_ T r- ~cErvfo IM tArMFaT oF r.UCEs ~ ~ ~ ~ J l....,...~- ' '`;kh28'72 DUE OM CtASS tNTAN61pE ?ERSO?IAL PROPEQIY. . PURSt1ANt i0 C1iAPTER 71•134. ACTS OF 1971. ~ N ~ - `=y; I 5 4 5= n ~"Cr..~ ~ r Yi~~:~-. IIOCfR POI7RAS, CktA C'ir;.nt C,~.utt, SL Lutn Co. Fla_ ~ ~L7.19011Z - ~ ~_~T- - . . x ~ s +ogether w~th all snd singular the tenemenri, hcreditaments ~nd +ppurtsnces thereunto b~tagirg or in ~nyw+s~ appertainirg ihertto. ~r+d ~li rtnri, iuws. ~ vroceeds and prof~ts acauing •nd to acvue from s~id prem~~, all of which ue included in the ~bove and Sweyanp description and Mbsndwn. ~ TO H/1VE AND T~he ~Dr the above descnbed a~d yr~nted premises unro the said MORTGAGEE, ib successora and auipm fonvar. Md tM said MORTG}A~G,OQRx ~or - i---- heirs, executors, sdministrators and +ssigns, hereby cowrunts with tF+e taid MORTGAGEE, iri wccetaas and ~uiyns, 's~: ~hat I+wfully seized of the said premises in fee ~imple; that tFM same are frN, ckar and disch~rqed from dl IFero ~nd Mcum~ . orancct in Isw w in equity, and that th~ will and their heirs thall wuranf a~d dsfend tFw titk to the s+m~ to ths uid MORTGAGEE, its succeuws snd usiyns, forever a9~inst the lawful deims and demsnds of ~II psrwns; ' PROVIDED, ALWAYS tMt if Ihe MORTGAGOR shall pay unto ths MORTCsACaEE th~ p~omissay ~ot~ hertinbefwe described snd shall truly, promptly and fuity perfwm, d~xharfls, execvte, complNe, comply with and abide by each and every the stip~rlations, presments, tonditarn ~~d tw~nanri of s~id promisswy rate ~nd of this Mortyage, tMer+ thi~ Mwtgage ~nd the Eitate haeby ueated shall cease snd be null and void. - ;;1 IT IS UN~ERSTOOD 1Fut the word "Mortgaga" whether in the t~nguler or plwsl ~nywhsre in this Mwty~pe, shall bt ii~qul~r if one only and shall be plur~l jointly and sever~lly if more than one, and that ths wad "t Fxii ' as used ~nywher~ in this Ahwt9spt sMll be t~ktn to rn~an "his: •••Mrs; ' or "its;' whereve~ the context w implies a admits. Also, that wherever there is • refererxe in tM covenents ~nd ~yreem~nb her~in containad to ~ny of the puties herero, the same shall be conatrued to mean ss well a~ the heirs, le9d rtpresentativet, iutcessors and assiprn (~ither volunury by att of th~ perties w involun~~ry by operation of the Iaw) of the same and that the covenants herei~ contained shall bind ~nd the benef~tt and adv~ntapes inur~ _ !o the respective he'us. kyal representatives, sutcessors and au~ynt of the parties F~ereto. And taid Mortgagors, fw themselves and thein c~irs, ley~l rspresem+tires, succesias ~nd assiynt, hereby jantly a~d s~verally cov~n~nt arx! pree - to and with the said MORTGAGEE, its successors and auiyns: ` 3 1. To pay •II and tinpular tF~e princip~l a~d inte~est and the various ~nd sundry wms of moneY paYablt by virtw of iaid promissory not~. ~nd this = m~tyage, each snd every, promptly on tM days respectively tM ~ame uverally become dw. ; t 4. To pay ~II and sirg~lar the haes, as~easmenri, levies, li~bilifies, obligatian ~nd encumbranccs of every n~tvrt ar+d kind now on said dewibed = propsrty, a that hereaf~er may be imposed. wffered, placcd, levied, w~stessed thereon, a thst here~fttr may be Icvied a ai~eaed ~pon fhia Mort¢ age, a tFw indebtedrwrss secured hereby, e~ch and tvery, when dve ~nd p~yable, accadir`y to law, btfwe they becan~ delinquenl. ~nd b~fw~ ~m inte~est atraches or •ny penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAIL dE PROMPTIY SATISfIEO AND OISCHARGED OF RKORD ANO THE ORIGSNAI OffICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIVi OR THE SATISfACTION PAPER OfFIC1AllY ENOORSED '-:r~ OR CERTIFIED) SHALL BE PlACEO IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event ?hat ~ny thertof is not pa~d, sat sfied and dfschsrged sa:d MQRTGAGEE may at any t~me pay the same w any pan ~he~eof witho~? w~ivinp w s((eaing +ny option, lien, equ7ty or •:~hr ~nder a by virtue of this mortgaye and thc full amount of each and eve?y such p~yment ah~ft be immediately due +nd payable ~nd thall be~r interest ~•om the date thereof until pa~d ~t rate of nine per cent~m pe~ •nnum and toyNher w~th ~yca in r •II be tecured by the lien of th's morqt~pe. ~ eUJK~~~ PACE ~ 535 ~ _ ~ _ _ . 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