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HomeMy WebLinkAbout1161 x,~~~s 4 THIS INUENTURE, NMd~ the ist day of Rebsuary A.D. 19~T~. be~ween _ Virainia 5,~ Hilsor~, a widow o~ $t. L.11C1@ ~pi~ty flo~id~, herei~afta detig~ared ~s the "MORTGAGOR:' and FIRST fEDERAI SIVINGS AND IOAN ASSOCIATION OF FORT PiERCE, • corporat~on orpani:ed ~nd ex~sting unda the Isws of ths Un~ted Stst~s of America snd t~avin~ its principst plac~ of busi~a in tM City of fwt Pi~res, St. lucie County, flo~id~, he~ein~ftt~ desipnated as ths "MORTGAGEE:' WHER~AS ti» MORTGAGOR is ju~Ny indebted to 1he MORTGAGEE in the sum of s'46 ~ 2~• , good snd lawful mo~r-y of the Un~ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of even dafe Acre«~tb, of wk~ch ~he follow~ng i~ word~ and figures is a true topy, to-wit: s_ 46,200.00 ~ 3-17,906 fort Pierce, Flwida, Februazy 1~, 19~_ Fa value reccived, 1, we or e~ther of us, promise to pay, without defalcation, to the orde~ of fIRST fEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE at Fat Pierce, fb~ida, the sum of j 46 s2~. ~ w;th i~tereft from date at the rate of 7• S 96 p~r annum, in monthly instalb ~nents as fol!ows: S 373 oo the ~t day of -June , 19~~ and a like aum on the curospondmy day of e~ch month lhere- afte~ until the whole be fully paid. ~ Each instaltmenl first shall be applird' in payment of the intsrest and then on the unpaid balance of the p?i~upal sum. If d ault is made in the Fayment of any installment when due, and such deFault continues 30 dayt, then at the option of the holder, and without any othe? notice, all the remsining ~natallrtunts shell be due and paya6le at once. Privilege is yivcn to prepay this ~ote in whole o~ in part at any time without penalty_ Neither fwebearance, nor acceptance by the Mlder thereof sftcr any default in any payments hereon, s~+all be deemed eXtension. A late payment cha~ge of S 18 • 65 sh+ll be added to each installment ~emaining unpa~d 7 days afler its due date, and a like sum shall be added ~o each such installment remaining unpaid 7 dsys after each succeeding payrnent date. Each maker, surety and endorxr hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayrrKnt, and f~rther agrees to any exte~sion of t;me of payment, either before w after matu~ity, without not~ce to any of us; and to pay all costa of collection, inctud~rq a ree:onable a~torney's fee in the event oi any default hereunder, and hereby severally waives all benefit of ho~nestead and exemption under the constitution and laws of each State of 1he United States, as against thes obl~gation p any e:tension or renewai hereof. Witnes~ the hand and seal of esch paAy. s/ Virginia S. Hilson ~AU a widow (SEAI) (SEAI) cs~?u ~ $69.30 , st,r. a~~.~~ i!r a~c srwM~i as sq~ss) NOW, THEREFORE, the MORTGAGOR for tM purpose of securing psyment of satd sum of S 46 ~ 2OO• ~ and the perfwmance of ths covenants and ~greements her~inafter expre~sed, and for divers good ~nd valuable considerstions, by these presents, does g?ant, baryain, sell, remise, release, convey ~nd confirm unto the MORTGAGEE, its successor• and assigns, all that certain lot, piece w parcel of I~nd, situate, lying, and bei~y in the County of SL. l.i~tCle State of Florida, desuibed as follows: Froa the SW corner of the NW~ of Section 19~ ?ownship 35 South, Ranye 40 East, run Esat 40 feet to the East right-of-way line of Jenkins Road~ thence run North along said zight-of-way line 30 feet to the point of beginning; fzoa said point of beginning zun Nozth 88° 37' 27" Bast 237.40 feet; thence North 1° 55' 27•' East ' ' Z80.48 feet; thence South 66° 42' 2~" West 53.10 feet; thence North ' 88° 4~' S7" East 194 feet to a point on the East sight-of-way line E of Jenkins Roadi thence South along said zight-of-way line 161.11 t ~ feet to the point of beginning. ~ € 's 3 ~ i € ~ `s' .S ~ 1 Ia E-_ f_ L U~~ f ~ ~ j ~ "nc:;~~~r:TE~n,. ; ~ J l~- 1 ~ - Si?,:» 7-q,y ~ ~ ~ ~ 0 FE8-372 t::~=~e~~---=_~_ ~ y~ :R G~Y;dE'':T ~ ' ~.d~ ; AE - ~1~• ~ N ` , " _ ` " - '6 9 3 Os ~ ~ .E ~ 3 ufPt.+MfiE.cr.:[~'~~~: ~~Er . . , , ~r ~ P.~. 190112 ~~`irp'' - - f - -~'~'•T , , ' - r : , r,. - . ' i ~ r''l 4~•. ~ ! ~ ~ ~ fogeth~r with all and singular the tenemenn, hereditamcn» and apFwnances thereumo bel«giny o~ in ~nywise appert+inirq therelo. +nd all nnt~, iaut~, ~ ~ proceed~ and prof~ts uvuing and to accrue from ssid premises, all of which are included in the abov~ a~d foreyoinp dtwiption and habendum. ~ TO HAVE AND O yOID the above described and gr~nted premises unto ths said AhORTGAGEE, its successors and ~ssipro fortv~r. Md th~ said~ R MORTGAGOR fw t~e1! heirs, executors, administraton ~nd auigns, htreby tovsnsnn with the said MORTCaAGEE, its successo~s and asipta. ~ the are ~ +hat lawfutly seized of the said premises in fee simple: that th~ same ~re frN, clear ~nd dischatped irom all liero ~nd enc~ ~ erances in law or in equit~, and that thej~_ will and their heirs shall warrant ~~d dtfend th~ titl~ to tM sare~e to tFw ~aid ~ MORTGAGEE, its successors and auiyns, forever ag~inst tFu Iswful claims and demands of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGACaEE tM promiawry note lxreinbefore dewibed and ~h~ll truly, promptly - an~ fully perform, dtxharye, e:ecute, complete, comply with and abide by esch and ~very tM stipulatio~s, preemenb, conditiau and covenanri of uid - promiuory note +nd of this Mortysye, then this 1Nortgsye end the Estate hereby ve~ted ahsll tease ~nd be null and void. - IT IS UNDERSTOOD tMt the wwd "Mortgsgor" wF+ether in the singular w pl~ral ~nywhere in this Mortgsp~, ahall bs sinyular if ont only ~nd ~ ihall be plural jointly a~d s~verally if more tMn one, and that the wwd "their" as u~ed anywhere in this Mortys~t shall be t+ke~ to mean "his;' "h~n;' i or "its;' wherever the context so implies a sdmits. Alw, that wherever there is + reference in the covenants and ~preemenri herein contain~d to any of t rhe {»rties hereto, the fame sh~ll be conitrued ro me~n s~ weli as the hein, leyal r~esenbtives, successori and auiyro (either volunury by act of tM ~ parties or involuntary by operstion of tM law) of the same and that the covenants her~in contained sMll bind and ~he benef~n and adva~ta~.s inur~ j ro the respective heirs, 1e9a1 repreuntatives, successors aed ~u'gos of th~ parties hereto. And said Mortysyws, fa themselves and their heirs, leyal represenbtivtt, successat and auiyns, hereby jointly and stvaally covtnant and ayree ro snd with tFro said MORTGAGEE, its a~ccesson and assiyrn: ~ 1. To pay •11 and sinyular the principsl snd interett and fhe variovs and sundry wms of money payable by virtw of said promissory ~ote, and this - mortgsge, esch and every, promptly on th~ days respectively tht sam~ sev~rally become dw. 2. To p+y ~11 and siryulu tl+e ta:es, aueiunents, levies. Iiab3lit~es, obliyatiau arxl encumbrances of every naturt and kind now o~ uid d~scribed property, w that heresittr may be impo~ed, suffered, pl~ted, levied, a~uessed thereon, a that her~~fter may bs levied a+~ssessed ~pon tNs Mort¢ ` aye, a tM indsbtednsss ucured Ixreby. e+ch and every, when due and p~yable, xcordinp to I~w, before tF?ey bocorn~ delinq~ent, and b~fo~~ ~ny int~re~t artaches w any pe~alty is incurred; AND INSOFAR AS ANY TNEREOF ~S OF RKORD THE SAME SMAII 6E PROMPTLY SAiISFIED AND DISCHARGEO OF ~ 3j RECORD ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE 1AX RKEIPT OR THE SATISFACTION PAPER OfFICIAILY ENDORSED - OR CERTIFIED) SHAII SE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in the event tMt any thereof is not pe~d, sst'sfied snd diuharged sa:d MORiGAGEE may st any t~me pay the ssme a any part thereof without waivinp or affetlir?~ any optan, I;en, equity or ~+qht under w by virtue of th~s mortgaye ~nd the full amount of each and every such payment sh~ll be immediately due and payable and tiull besr interest ~rom the d~te the?eof until paid at rate of nine per centum per anovm ~nd to9eth~r with s~hant~e~~ll be se~~~Me lien of th's morqtayt. 6001( Zv PAGf _ _ . . ~ _ 1 _ . _ . ~