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HomeMy WebLinkAbout1199 2z33oo ~ THIS INDENTURE. 1Wd~ tM 3rd ~y pf ReDruarv . A.D. 19 bs?wesn Oo11iQ Mae Adsms. a MidoM of St . LuC~@ Cp~nty florids. Ml~QiMItN dssignate~ th~ MQRTGAGOR," +~d iIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a rn.pont:on w9an~:ed +nd e:~~~~np unde. tM I~wa of tMi Unlted Sut~s of llmeric~ and Mvinp its p~incipal placs of b~s~ne~s in tM City of Fai Pitrc~, St. lucie Covnty, Fbrida, hertin~hK desipnated ~s tl+~ "MORiGAGEE:' WHEREAS tM MORTGAGOR is justly indebt~d ro tM MORTGAGEE in tM sum of = Si2~~~ good and lawful money ot the Un~ted S+ates advanccd by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a certa;n promissay note of even date herew~fh, of wh~ch fhe follo~•ing in words and f~gures is a trw copy, to-wit: s5,200.00 ~ 3-17,919 Fort Pierc~. Florida. Februarv 3~ 19~c.- Fa value rcceived, 1, we w either of us, prom~se to pay, without defatcarion, to the orde~ of FIRST FEDERAI SAVINGS AND lOA!V ASSOCIATION Of FORT PIERCE at For~ P~erce, fbr~da, the sum of S S~ 20~• ~ w~rh ~neerest from date at the rate of7 • 75 e per annum, in monthly ins~atl- •~ents as (ol!ows: j 63 on the i f t day of Ap=11 19_?Z ~nd e lik~ sum on the cor•espond~n~ day'of each month there- aire~ until the whole be f~lly paid. Each instaltment first shall be appl~td in payment of the interest and thcn on the unpaid ba~ance of the prinupal sum. If d auh is made in 1he ~ e,~mem of any ]nsta~lment wFxo due, and such defwtt continues 30 days, then ~t the opt~on of the holde~, and wi~hout any o~her not~ce, aIl the remaining ,~,sealtments shail be due and payab.e at once. Priviteye is yrven to p~tp~y this note i~ who~~ or ~n part at ~ny time without penalty. Neither forebearance, nor acceptance by the holder thereof after ~ny default in any paymenh hereon, shall be deemed extension. A late payment charye of = 3' 15 sh~ll be added to each instaliment remaining unpa~d 7 days after its due date, and a fikc sum sha~l be added to each such inst~llment temaining unpaid 7 days ~fter each succeeding payment date. Each maker, surety and endo~ur hereof, jo~ntly and severally, waives dcmand, prrsentment protest and no~ice of proteat fw nonpayment, and further agrees to any extension of t~me of paymeM, either before or aitcr maturity, without nonce to any of us; and 1o pay all costs of collection, includ;ng a reesonable attorney's (ee in the event of any default hereunder, and hereby severatly waives all benefit of homestead and exemption urtder the con~titution ~na laws of each Stare of the United Srates, as againat this obligation w sny exte~sion a renewal hereof. W~tncss the hand and seat of each party. s/ Dollie Mae Adams ~~u a widow ~~i~ ' (SEAt) (SEAU i_ $7 • 8O - 1 State Revenw c~aiipi in?~YMdi~ aa~t~wR~t1~F NOW, THEREFORE, ~he MORTGAGOR for the purpose of secu~ing payment of s~id sum of s 5~ 20~• snd ths performance of the covenan+s and agreements hereinafrer e:presscd, u+d for divers yood and v~luable considerations, by these presents, does grer.t, baryain, sell, rem~se, re~ease, co~vey a~d confirm unto the MORTGAGEE, in successors a~d su~gns, •11 that certain bL piece w parcel of la~d, situate, lyiny, a~d beirg in the Counry of St. I.t1C12 ~nd Stste of Flo?id~, dew~bed ai fotlorrs: Lot 16, J. A. BOLEN'S SUBDIVISION, as per plat thereof on file in Plat Book 4, page 38, Public Records of St. Lucie County, Rlor i~a, ? ~ E ~ ~ _ # ' T, ~ ~ ~ } 5 t~~~~ r L U k I~~,~~ : ~ ~,CC'_;.•: r__ ST;~`~F Tl.X ~ J c = F~e-a~~t ~~t~;y.~ ~ u~ ~?r~+T oc T+ixEs ~ ~ ~ = ~ e o = PFJtSOM~ PRCPfRTY, ~ L~vi.(i Fi i;.~f ~l,i' ~ ~ Q~ Q~ ~ ~2 - w~suMr m a+~'r~+~ na~c. ~cTS o~ i9n. ~ ~ ~ ~,p~ powt, t,,a. Co. f~a. :a ~ ~ x ~ rogether with all snd singular the tenemenl~, Ix~ed~taments and ~ppurtsnccs the~eunto belorginp or in ~nywiu ~pperfaininp thereto, ~nd ell r~nts, iuws, prpCeedf snd prof~ta accruing and to ~cuue trom said premises, al! of which are included in tF~e ~bove and fwe~oiny desciiption and Mbendum. 4 TO HAVE AND TO HOID the sbove dewibed and gnnted premises unto tM said MORTGAGEE, in s~cceswn and ~uigns for~r~?. Md tM s~id ~ J MORTGA~O R f9r - he hei~s, executors, administrators and assigns, hereby covenanb with th~ s~id MORTGAGEE, iri succ~sson and ~ui~eu, ~ rhat - S[Ie 1 S---- iawfully seized of the said prem~ses in fee simple: thal the sarn~ ~r~ fr~e, clear ~nd dixharyed f~om all liens and encum- brances in !aw or in equity, and that StI@ w~~~ ~1QI hein shall warnM end defend tM titls to the sarr» to the wid ~ y3 MORiGAGEE, its successon snd assigns, fwever aysinst the I~wf~l claims ~nd demandi of all penons; j PROVIDED, ALWAYS that if the MORTGAGOR ahall pay unto the MORTGAGEE the promistory not~ hereinbefw~ d~atribed ~nd thall truly, promptly ~ and fvlly perfwm, discF?~rge, execute, compkte, comply with and abide by esch and every the stipulations, ~yreemc~ts, conditio~s and covsnants of i~id ~ prom~sswy rate and of fhis Mwt9age, then this Mortqape and the Estste hersby ue+ted shsll uas~ ~nd M null ~nd void. - IT IS i1NDER5TOOD tMt tlx wad "Mortg~qor" whether in tM singular w plwal ~nywl+~~s in this Mortpipe, sl~all b~ sir~yulu if oM o~ly and ~ ; shall be ptural jointly and severally if mor~ tMn on~. and that tM word "~heir' ~s used ~nywhert in this Monqa~ee shall be t~ksn to mean "hi~;• ••hers;' 3 or "its," wherever the conte~t w implies or sdmitt. Also, that whcrever there is a referersce in th~ covenann and ap~eemeMS htvein coot~ined to sny oi :ri ths parties hereto. the wme shall be canstrued to me~n ~t well ~s the hein, leyal r~present~tives, sutccsras +nd auiym (eithar volunt~ry by ~ct of the - - parties or involunt~ry by operation of tFx law) of the same and that the covenants herein co~t~ined iMll bind and tM benefitf and adr~nta~a i~ur~ ro the respective hein, kq~l representatives, tuccessors and aa~yni of the parties hereto. r And wid Mort s, fa themselves ~od their hairs, 1 al re escntatives, succeswrs ~rd au' ns, hereb ~ntl and wverall covenaM and ree - 9+90~ ~9 W ~9 Y W Y Y ~9 ro and with the said MQRTGAGEE, its successors ~nd assiyns: ':-0S 1. To pay all •nd iirgular the principal •nd imerest •nd tht wriovs a~d surKky wms of moneY paY~ble by virtue of said promi~swy note, snd thi~ mortyage, each and evcry, promptly on tFw days respectively the ssme str~rdly becorr+e dw. 2. To pay all end sinpula ths taxa, aasessmentf, le~ies, liabilitie~, obliyatam snd encumbrarxet of every nature and kind now on uid dtxribed property, w that hereaft~r may be impaed; suffered, plxed, kvied, a~wased the?eon, o~ lhat here+(ter may b~ Jevied w usessed upon this Mat¢ - afle, a tfie indebledness secured hereby. ~+cl~ and tvery, when dw and payab4, xtordirg to law, befwt they become delinqutnt, and befat aay imerest ~ anaches or any penalty ~s incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SAiI5FIE0 AND DISCHARGED OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFPICUIIY ENDORSED :;'s OR CERTIFIEU) SHAtI dE VLACED IN TME HAN~S Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMFNT; and in the evem that any thereof i~ not - paid, sat"sfied and discharged sa'd MORTGAGEE may at •ny time pay the ~ame or any part thereof without waiviny or alfettin~ ~ny option, lien, eq~ity w - ~~qht under w by virrue of this mortysge and the full amount of each and every svch payment shall be immediatety due and payable and shall bear interest ~~om the d~te thcreof until pa~d at r~te of n~ne per ce~tum per annum •nd toyether wAb s~h ~te ~II be E cyred by~ lien of th's motytaye. 6UCK~ fAC 119 wr: : ? ~ s - ~ : _ . _ _