HomeMy WebLinkAbout0988 ~~t.sz ~
THIS INDENTURE. Ma~e the lst da~ of Rebruary A.D. 19 72 betwe~r+
Rranklin A. Harris and ValeriQ V. Harris, his wif e, _
of St • LNC @ ~~~~y F~~;~~, hHe~ruf~sr dt~ignated as the "MORTGAGOR." and fIRST FE~ERAL SAVII~iGS AND IOAN
ASSOCIATlON OF FORT PIERCE, ~ co.pwat~on a~+ni:cd and ex~~~~ng under tl» I~ws oi tM Un+ted Srafts of Am~rica ~r+d Mvinp it~ principai plxe of
busmess i~ 1h~ City of Fort Pi~rc~, St. luue County, Nwida, 1?~reinaf~a desiynated as ~tw "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly indebtcd to the MORTGAGEE in tl+e sum of s 23 ~ good ~nd lawful mon~y of the Un,~ed
Sratei advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~a~n promiuory ~ote of e~en date herew~th, of wh~ch ths followiny in
wwdi a~d figures i~ a trw copy, to-wit:
s 2 3, 000. 00 r,~, 3-17 , 898
fwt Pierc~. flo~'vla. Febtuazy 1~ 19 72
fw value ~eceived, 1, wc w either of us, promiu fo pay, without delalcatio~, to the order of F1RST FEDERAL SAVINSG_S~ AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, florids, the sum of S 23 ~ w~~h interest from date at the rale of 7' per annum, in monthly install-
7'~ ,~ents as follw,,,s: i 189• ~ on the 1 st day ef A~r i 1 , ~9 72 and s like sum on the correspond~ry day of e~ch month thert-
- afrer un~il ~he who!e be ful~y pa~d.
~ Each installment first sha~l be applied in payment of the interest and then o~ the unpa~d balsnce of the prinupal sum. If d ault is made in the
Fa,~ment of any insrallment when due, and such default conrinuci 30 days, then at the opr~on of the holder, and w;rhout any o~he~ not~ce, all the rema~ning
~nstallments shail be dve and payable at once. Privile~e is given to prepay this rote in whoie or in part at any time witFwut penalry. Neither forebcarance,
~`t r,or acceptence by the holde~ thereof after any default in ~ny payments hereo~, sF,all be decmed extension. A late paymenf charge of =9•45 shall be
~ added to each installment rcmaining unpaid 7 dayi afte~ its due date, snd a like wm shall be added to each such inarallment remsining unpaid 7 days after
each sutcrcd~ng payment date.
` Each maker, surety and endorur hereof, join~ly and severally, waives dcmand, presentmcnt protest and notice of protest for nonpsyment, end further
~ agrees to any extens~on of t~me of payment, either before a after maturly, without not~ce to any of us; and to pay all costs of collect~on, includ~rg ~
_ ~:'310l1dbl! artorney's fce in the event of any detault hereunde~, and hereby severally waives all benefit of homestead and exemption ~nder the tonstitulion
~~:d laws of each Stare of the Unired States, as against this obligation ot any extension a ~enewa) hereof.
Witness the hand and scal of each party.
~ S/ Franklin A. Harris ~~U
i (s~?u
5/ V,lerie V. Narria ~~u
S~a so ~
• ) State Revenue
\ lSramprtaneeMed'arra~i~iesFno~e!
NOW, THEREFORE, the IV{ORTGAGOR fw the purpose of securirg payment of said sum of ~0~ ~ , and the pe?fwmance of the
~ covenants and agreemenri hereinafte~ expressed, and for divers yood and valuable considerations, by these prtsent~, does q?ant, baryain, sell, remix,
release, convey and confirm unto the N!ORTGAGEE, its successws and su~gns, all that ceruin bt, piece or parcel of land, situate, lying, and beirg in tl+e
St Lucie
County of • ~~d State of Florida, dew~b~d as fo!lows:
All of Lot 19, ail of Lot 18 LSSS the South 45 feet of I,ot 18, all of Lot 20 LBSS
the North 45 feet of [.ot 20, Block 12, SILVBR LAKB PARK ADDI?IONf as pes plat
thereof on file in Plat Book IO, page S, Public Records of St. i.ucie County,
Florida,
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~ ~f'iER P0ITAAS. ~ Ckcui Ca~~ X~it Cs. Fla. ~
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~ rogether with all and singutar tM tenerrkntt, hered~tamenb and appurtances therwnro belongw~y or in ~nywiss appertainirq thereM, and dl ~enb, is~ws,
~ p~oceeds and profin accruing snd to accrue from said premises, all of which ~r~ included in tM abov~ u~d forpoirg description ~nd habendum.
~ TO HAYE AND TO HOLD tM abov~ deuribed snd yrsnted premises unto tFw said MORTGAGEE, ib succeswrs u+d auipro forewr. Md tM ~aid
~ MORIGA~O R for the17[ ~;~s, executon, ~dminist?atws and auigns, her~by mvtnants with the uid 1NORiGAGfE, ib wccessors and aai~,
r that they dZe - lawfully seized of the ss~d prem~ses in fee simple; thst tl» ~ame u~ free, clea~ and discharped from all li«a and ~ncvn~
branses in law o? in eq~ity, and that they w~~~ their yK~n ~~I warrant and d~fend tM fitl~ to tM sam~ to th~ wid ?
?a MORTGAGEE, its iucceuors and +uiyns, fwaver ayainst ti+t lawful ciaims •nd demands of all pKSOro; ;
_ PROVI~ED, AlWAYS that if the JNORTGAGOR ahall p~~ unro the MORTGAGEE tM prom~uory note het~inbefor~ described and sha~l Nuly, panpNy }
~ ar+d fully perform, d~xhar9e, execut~, complete, comply with and ab~de by each ~nd ~very the aipulatioru, ~y~eernenb, conditions ~nd tovtnanb of said 4
promiuory note and of thii Nlortyage, then this Mwt9aye and ths Estate her~by u~ated ahaU cease and be null and void. ;
_ ,
IT IS UNDERSTOOD t!»t fh~ wwd "Mortys~or" whether in the sin~ular or plwal ~nywhere in this Mwtyay~, shall be sinpvlar if orw only and ~
w+ shall be plural jointty a~d wverally if more than one, and that the wwd "theia" as used snywher~ ie~ th7s Mat9ay~ shall be taken to mean "his,•• ••hen:' i
- or "its;' wherever the context w~mpl~es o~ sdmits. Also, that wherever there is a referenc~ in the cownann a~d ayr~s.nent~ h~rein containsd to u+y of ~
~he pa?ties hereto, ths same thall be cautrued to mean as well ~s the heirs, leyal ~~presenbtivp, successws and ~ssgro (~ither wluntary by acf of tM
- parties w involuntary by operation of the law) ot the same and tMt the covenants htrein contained shall bind and rh. berwf~n .nd .dvamayea inur~
- co fhe respective heirs, leqal r~prKentatives, iuccessoas and us°9ns of the puu~s herero. ;
Md said Mortgagors, fw thcroselves and their heirs, leg~l represe~htives, succeuws and auiyro, hereby jointly and t~verally covenant and prK j
r~ +o and wi~h the s~id MORTGAGEE, its sutcesiws and ~ssigns: ;
- paY rg pi pa ndry mo~ey paYable by virtue of said promiuwy rate, snd tl~is
1. To all and si ular the ~nci 1 and interstt and the wriovs md w svms of I
mortysge. Nch ~nd ~very, promptly on the days respect~vely the s~me sewrally becorn~ dw.
= 2. To pay •fi •nd ~inyulu tM taxes. ~ttessmsnb, levies. liabilities, obligations and encwnbr~nces of ~very natw~ and kind now on ~aid d~scrib~d
property, or that hereafr~r may be impwd, suffered, placed, Iwi~d, a~sseued the.eon, w tMt he~eafter msy b~ tevied w us~ssed ~rpoa this lNort~
>?•s ag~, a tM indtbtedness s~cured hereby. ~ach and ~v~ry, wMn dw ~ad payabk, xcwdinp ro I~w. befae they becwn~ delinqwnt, a+d k»fon any interest
z>_^~ a'taches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORO TME SAME SHAII SE PROMPTLY SATISFIED AND DISCHARGEO OF
~ R:CORD AND THE ORiGIhAI OffIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICtALIY ENOORSE~
OR CERTIFlED) SHAII BE alACEO IN TME HAND3 Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFiER PAYMENT; and in the w~nt that any thereof a not
pa~d, set'sfied and discMryed sa:d MORTGAGEE m~y at any t~me pa~ the same or a~y psn thereof withwit ws~vinq or affecting sny option, lien, pvity w
~~aht under or by virtue of thii mortg~ge and tF~e full amount of each and every suth payment shall be immediately due ~nd payable u+d shall bear interest
:~;'z ~rom the date thereof until pa~d at r~te of n~ne per centvm per annum and toyether w~ ~ucFj~iggt shall be y~~~by the lien of th:s morq/ayt.
~~j secK 1 fA!'E v
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