HomeMy WebLinkAbout2264 22~0~9 ~
THIS INDENTURE. Mad~ the ~ st day of February A.D. 19 ?2 be~ween
Elizabeth How , a ox
St Iucie ~ ~ ~ l
oI • Cotirtty F~cuida, he~einatte~ desgnated a~ the "MORiGA~OR," ~and fl(~ST~ fEDERA~ ~SAVINGS AND LOAN
ASSpCIAiION OF fORT PIER~E, + corporat~on wyani:ed and e:~~ting undar the laws oi the Un~ted Su~os of Ameriu •nd havinp its p~~ncipal placs of
bus~ness in 1he Ciry of Fw1 Pierc~, S1. lucis Counry, florida, her~inafte. de~ignated ai the "MORiGAGEE:'
WHEREAS ?he MORTGAGOR is justly indebted to the MORTGAGEE in the sum o( Z ~ 6~~~'~ g~d +nd lawful money oi the United
S+afes ad+anced by the MORTGAGEE unro the MORTGAGOR, ss ewd~nced by a certa~n prom~ssory note of cven date herewith, of wh~ch ihe foilow~ng in
+~ords and figures is a trus copy, to-wi~:
s t 6, 000.00 3-t ? 903
fwt Pierce, Flo~~da, ~bruary ~ ~y
For val~e received, I, •.ve or either of us, p~om~se to pay, without defalcation, ?o the orde. of iIRST FEDERAL SAVIN~GS AND IOAN ASSOCIATION Of
FORT VIER~E at Fat Pierce, FIO?ida, the sum of 5-16•~~•~~ w;~h inrerest from date at the rate of ?!??`?o per annum, in monthly install-
~~~eMS af iol!ows: S ~ 32 on the ~$t' a~y or _ April ~9__ 72 artd a like sum on the correspond~ng day of each month there-
afrer until the who:e be fully paid.
Each installment (irst shall be app~~ed in paymrnt of the interest and then on the unpaid balance of the pr~nc~pal sum. If d ault is made in 1he
~„rment of any instaltment when due, and such default cominues 30 days, then at fhe option of the holde~, and withou~ any other notice, all the ~emain~ng
~~i+allmems shail be due and payable at once. Privilege is given to prepay this note in whole or in part at a~y t~me ~vithout penalty. Ne~Lther iwebrar~nce,
nor acceptance by ihe holde~ thereof after any deiault in any payments hereon, shall be deemed ea~ens~on. A late payment charge of =_v!~ , shall bs
added to each instatiment remaining unpa~d 7 day~ afte~ its due date, and a like sum sl~all be added to cach such ins~allment rema~ning unpaid 7 dayt after
each succeed~ng payment date.
Each maker, surety and endorser hereof, jo~ntly and severally, waivef demand, presentment protest and not~ce of p~otest fw na+payment, and further
agrees to any extension of time oi payment, ei~he~ be(ore or after matu~ity, without notke to any of ua; and to pay all costs of collection, indud;ng a
~.•~sonable at~orney's (ee in the event of any detault hereunder, and he~eby severally waives afl benefit of homeatead and eaempt;on under Ihe constitution
,:~d laws of each S~ate of the United States, as against this obtigation w any eatension or .enewal hereof.
Witness tFx hand and seal of each party.
s/ Elizabeth Horrland, a Wido~ (SEqU
(SEAI)
(SEAL)
~,,~1 (SEAU
( _ .s~G~~ • ~ ) State Revenue .
NOVV, THEREFORE, the MORTGAGOR fw the purpou of iecuring payment of sacd sum of S ~ 6~~~• ~ •nd the performance of tM
covensnti and agreements hereinafter exp~cased, a~d for d~vers good and vatuable consideratior.s, by these presents, does gront, bargain, sell. rem~se,
releax, convey and confirm unto the MORTGAGEE, its ~ucceswrs and assigns, all fhat certain lot, piece or parcet of land, aituate, lying, and Deiny in the
County of $t. LuCiA ~nd State of Flwida, desv~bed •s follows:
Lot 10, Block 3, TROPICAL BEACN SUBDIVISION as per nlat
l
~ thereof on !Yle in Plat Book 1.Q Page 9, o° the Public
i
~ Records of St. Iucie County, Florida'
~
~
~
~
{
~
~
~ 'STAT~ ~ ~F
~!.-OR{D~
~ v 13G~~pp~,STAi~iP , t ~ ~ ttt P~~~r.s~':~.~: ;~YES
~ j ~Ffd18'72 ' ~ .;V CL,.,~ 1?:.1 ~ + ? ,.;.,~t ~!f.
~ p = s~ 2 4 O O_ -i.;,iiT T~ f Lr,~.s ..S. ACtS G: /~N y
~ i~A V fE~t. i'v~..:c 'r0i'P,l~.i, G:eri ,,.::.~.:~1 Lc~t, ~t. tu;,:a F.a.
~M'~li~fi
~
~
~
~ !ogether with all and singular the te~ements, hereditaments •nd +ppurtances thercunto belonging w in anywise appertaininp thereto, ~nd sll renri, iuues,
~ p~ocecds and prof~ts accruing and to accrue from s~id premitet, al! of which are included in tM above and fweganp desaiption ~nd h~bendwn.
~z TO HAVE AND TO HOLD the above described and granted p.emius umo the said MORTGAGEE, its successui snd sssi9ns fwev~r. And tM aid
MORTGAGOR (o~ h8=----- hefr~, e~ecutws, administrators snd as~ign~, hereby covenants with the said MORTGAGEE, iri successors and auipns,
rhat lawfully seized of the said prem~~es in fee simple; that tM sam~ sre ~ree, ckar ~nd dixhu~ed from all liens ~nd ~ntv~
o~arxes in law a in equity, and th~t sh6 will and her heirs shall wurant ~nd defend the title to tM same to th~ a~id
'z MORTGAGEE, its successors ~nd +ss~gn~, forever ~gain~t the lawiul cl~ims and demands of all persons;
:~i
- PROVIDED, AIWAYS that if the MORiGAGOR shall pay unto the MORTGAGEE the promissory ~ots hereinbefwe dewibed ~nd shall I?uly, promptly
and fully perfam, d~scMrge, e:ecute, complete, complY wi~h and abide by each snd every the qipulations, ayreements, conditioni •nd covenanti of ~~id
prom~ssory oote and of this 6'.ortgage, ?}xn this Mortg~e •nd the Esrote hereby c~eated shall ce+s~ and be null u+d void.
y
- IT IS UNDERSTOOD tMt the wwd •.Mortysgor•• whetF~er in the •ingular w plur~l anywher~ in this Mortyaqe, shall be sin9ular if ont only and
3hall be p~ural ~ointly and ieverally if more than one, and that the wad "theii' as uud ~nywfie?e in tbis Mortyaye ~hall be tak~n to mean "his;' "Mn;' ,
= or "its," wherrver the context w implies a admits. Also, that wherever there is • reference in the covenants and agreemenb herein contain~d to ~ny o(
ihe parties hereto, the same shall be construed to me~n well as the heirs, ley~l rtpres~ntatives, successors and st~g~s (either volunfary by act of tF»
parties u involumary by operation of the I~w) o( ths ~ame and that the covenarns herein contained ~hall bind and the benefits a~d ~dwntay~s inur~
ro the respective heirs, legal representativei, succe~sors and ~ss~gns of tM p+rties hereto.
And said Mo~tq~gon, for themielves +nd their heirt, leg+l repreu~r~tives, successo~s ~nd ~ui9~s, hereby joinNy and ieveralty cov~nant ~nd pree
-y'~' ~o and with the uid MORTGAGEE, its iuccessw~ and assigns:
1. To pay •II snd ting~lar fhe principsl and interest ~nd the various and iundry sum~ of money payable by virtw of said pram~sswy note, and this '
'Ura mwtgsge, e~ch ~nd every, promptly on tM days reipectively the same sev~rally becom~ due.
r~,_E
' 2. To pay +II +nd singular fhe taaes, +ssesunentt, ~evies, Iiabilities, obligafions ~nd tnc~mbr+nces of every nature and kind now on i~id dtscribed
property, w that hereafter may be impoted, suffered, plxsd, levied, or ~ssessed thereon, or tMt here~lter may b~ levied w~ssessed upon this Mwt¢
= ege, w th~ indebtedness ~ecured hereby, ~ach ~nd every, wikn dv~ ~nd payable, accwdirg !o law, before they becom~ delinquent, ~nd befort any i~t~rest
Y~ ettathes Or any penahy is incurred; ANO INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHALL BE PROMVTIY SATISfIED AND DISCHARGED Of
RECORD AN~ THE ORIGINiAt OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFICUILY ENDORSED
OR CERIIFIED) SHAII BE PiACED IN THE HANDS OF SAID MORiGAGEE WI7HIN TEN DAYS NEXT AFTER PAYMENT; and in the evem that any thereof is oot ,
pa~d. •aYSfied and discharged sa'd MORTGAGEE m~y at any t~me pay the same u sny part thereof without waiving or •}fecting any option, lien, equity or ?
- ~~qht under w by virtue of this mor~gsye end the full amount of each and every such payment •halt be immediately due and p~yable and shall bear interest #
;"i~' ~~om the d~te thereof until paid at rate oI mne per cent~m per annum and topether w~th suc i re be secu t tien of th:s morgtaye.
y
= t° P'.~ t