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HomeMy WebLinkAbout2840 x~~~ss ~ THIS INDENTURE, AAad~ the ~1 St dfy cf , Febru•3 ry A.D. 19 be~wce~ • ilazel Keator, d W1C?OW Lucie of St ~ Counry F~orida, fiereinafttt design~ted the "MORTGAGOR," and fIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OP fORT PIERCE, • cwporation ag~~ized +nd ex~~tinfl under the laws ~of thf United Sta~~s of Amwic• ~nd Mvirq iri p~~ncipal plac~ of buf~ness in tM C~ty of Fort PiKC~, St. lucit Counry, Florida, htrein~fter desq~ated +s th~ "MORiGAGEE:' WHEREAS the MORTGAGOR it juitly indebted to the MORTGAGEE in the aum of S~ a 7Q~ • 00 , good and lewful mo~ey ot tAe Un~ted S+aees advanced by fhe NIORTGAGEE uneo the lAORTGAGOR, as evidenced by a certain promkswy note of even date herew~th. of wh~ch the tollow~rg in words and figurei is a trw copy. to-vYit: 3-17 ~ 992 z 9,700.00 No Fwr Pie?c•, FI«tda, Februa ry 21, 19 72 For value received, 1, we a either of us, promise to pay, without defaltation, to ~he order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ ORT PIERCE at Fort Pierce, Florids, the sum of j 9, 700• w;th interest from date at the rate of 8•~ io p~r annum, in mo~lhly install- ~•:ent3 aa fol!ows: f a~ - w+ the 1St day of ~Pz1~ l9-?2 and a tike sum on the cwrespond~ny day of each month therr after until rhe whole Ix fully paid. Esch installment first shall be applied in payment of the interest and then on the unpaid balance of the p?inupal fum. If d ault is made in the ; a~ment of any installment wFxn due, and such default conrinues 30 dsys, then at the option of ~he holder, sn~ without any other notice, all the remaining ::~,tallments shall be due and payabte at once. Priv:lege is given to p~epay this note in whols w in part st any t~me without penalty. Neithar torebe~rance, no• ~cceptance by the holder thereof sfter any default in any payments hereon, shall be deemed extension. A late payment charge of = d_ 1(1 sMll be ( : dded fo each installmem remaining unpa~d 7 days after its due date, and a like sum shall be added to each such instaNmeat remaini~g uopaid 7 days ~fter ~ eech succeeding payment date. { Each maker, su~ety and endwse~ hereof, jointly and sevcrally, waives demartd, p~esentment protrst and notice of protest for nonpayment, and further ~ egrees to any extens~on of time of payment, either be(ore w after maturity, without notice to any of us; and to pay all costs of collection, irxlud~ny a rrasonable attorney's fee in the event of any defauh hereunder, and hereby severally waives a~l benefit of homestead and exemption under the conslitulion i s~:d laws of each State of the United States, as against this obligation ot any extensio~ or renewal hereof. 1 t Witrxss the hand and seal of each party. sLHa-~el ke~tor, a wic'ow (SEAL) (SEAI) (SEAl1 1 1. 55 t State Revtn~e ~ NOW, THEREFORE, the MORTGAGOR iw the purpose of securing p~yment of said sum of s 9• 7~•~ and tM performartce of th~ covensnts and agreements hereinafter exp?essed, and iw dirers good snd valwble considerations, by these preunts, does yr~nt, barpain, sell, remise, release, convey ~nd confirm unto the MORTGAGEE, its successors and auigns, +11 that certain lot, piece or parcel of land, situate; lying, sr~d beinp in the County of SC . LtiC l.P and St~te of Flo?ida, desvibed +s fol{ows: i ''cginnin9 at the :~Tortheast corner of the Northeast 1/=~ of the Southeast 1/4 of the ~ ~outhwest 1/•i of Section 19, Township 35 South, P.anc~e ~10 East, run South 293 feet to ~ ~ noint; thence turn anci run tJest 4(31 feet to point of beginning; from said point of beginning continue lJest 62.75 feet to a noint; thence turn anc~ run South lOb feet to a~oint; thence turn an~ run East 62.75 feet to a point; thence turn anc~ run North 1~5 feet to the point of beginning; being also describe~ as Lot 4 of Black 2 ~f an ,_-~rc>corde~ ~lat of "1cNei1 1?oad Subdivision in the Northeast 1/~i of thp ~outheast 1/•1 ; o` the Southwest 1/4 of Section 19, Townshio 35 South, Fange 40 East. j TrJGETtiEf with ri~ht of inc~ress anc~ egress over ancl across the folloaring describe~i ; street, to with: Eeginning at the Northeast corner of the I~'ortheast 1/4 of the ~ touthc. st 1/•= of the Southwest 1/4 of Section 19, 2a~vnshin 35 South, Fange 40 East, ~ ~-un South 2-13 feet to ooint of beginning; from said ooint of beginning continue South feet to a~oint ; thence turn anc? run West -i~i6.75 feet to a point; thence turn anc~ ~ r~un '~'orth S~J feet to a point; thence turn an~ run East ~166.75 feet to the point of y be~inning, ~ ~ ~ ~his easenent shall be in common with the public,~~ afc~vEn D ~ ~ ~ IN PAYIY,p~ pf TAXES ~ DUE OM CL.ASS 'C INTp,y;;IB~E PERSJ!tAL P!7p.'E:i, r. ~ ~ PURSi1ANT TO CFfAPTER )1.134. ACTS OF 1971. jj1~ G- ` ~ ~ PofTRAS, pe~k Grwlt Gwrt, SL Luue Co. fla. ~ ~ • ~ rogetix+ with ali snd sinqular the tenem~nts, hereditaments •nd ~ppurtances thercunto belon~iny o~ in anywiw appMaininp thertfo, and all r~nri, iafuet, ; p•oceeds ~nd p+of~n accruing +nd to acuw from ssid premises, ~II of whidi ~re included in tM ~bove ~nd forpoinp d~wiptan ~nd h~bendum. y i~ TO NAVE AND TO HOID the sbove dex?ibed and y~anted prcmises unto the said MORTGAGEE, iri succdwn ~r+d usiyra fwwer. Md the s+id ~ i MORTGAGOR for --~~'~r---- heirs, executws, sdmir.istr+tors a:~d auigns, F~treby covensnfs with the s~id MORiGAGEE, it~ wcceuws +nd ~s~iprr. ! that --~~X-Q r~'-- lswfully se~zed of the said p~emises in fee simple; that tF~t s+n» are fr~e, clc~r and diuhar~ed from ~II litna ~nd ~ncua? ; thei r j bronce~ in law or in equity, and thst they will a~d hein shall warranl and d~f~nd tF+~ titk w lF+e s+me to the s~id - NIORTGAGEE, irs succeuors and ~u~gns, iorsver sy~inst the lawful claims and dcm~nds of ~II perwns; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tFn ptomiuwy note hertinbefor~ described and shall truly, promptly ~ - and fully perform, diuF~arya, exetut~, compl~le, con+ply with ~nd abide by eath and tvery the stipulalions, ~yre~mtnb, conditiau ~nd tovtnan» of said ! promisso~y noM aod of this Mo.tgaye, t}xn thi~ Mwt9aye ~nd the Es~ste hsreby uealed sF?all cea~ and ba null ud wid. ~ K~ IT IS UNDERSTOOD that tF~e word "Morty~Qw" wh~ther in tFu sinpular w plwal aoywher~ in this Morty~y~, sMll b~ sinpulu if u» only ~nd j ~i shall be plural jointly •nd seve~ally if mw~ tMn on~, snd fhat tht word "their" as vsed snywhere in fhis Nbrt9a~ ~hall be taktn to rrKan °hh:• ••htn•• = or "its;' wherever tM context w implies o~ admiti. Atso, th~t wherever there is • rsference in the covenants ~nd ssnementa hs?ei~ cont~irnd to +rryr of rhe panie~ hereto, the ~am~ sMll b~ construed to me+n well ~s t1w Iwin, ky~l rtpresent~tives, succ~ston snd assiyns (eitFwr velunt~ry by ~ct of th~ pirtiet a involunury by operation of the Iaw) of the seme snd that the toven~ors her~in tont~ined shsll bind and tM benefiri ~nd adr~ntiy~s inw~ ' ro the respectiv~ he~rs. I~y~l representativq, succeswn ~nd ~u'yns of the p~~tip hereto. And said Matya9ors, ior 1F+emselves a~d their heirs, legal represeMativn, successon and aui9ns, hereby joimly ~nd s~verally coven~nt and : ~ fo and with the taid MORiGAGEE, its successors ~nd a~se9ns: ~ e 1. To pay •II and sirgvlar th~ princip~l and interest ~nd the v~ria~s and sundry sumi of moruy payabl~ by virtw of taid promisswy note. ~nd this mortys~t, each and every, p~on+Ptly on tM d~ys respectively tht sarta ~evenlly become dve. } - 2. 1o pay ~II ~nd sinyulu th~ taxes, as~essmenb, levies. liabilit~es, ob~g~tions and encumM~nces of eve~y narun +nd kind now o~ Nid desuibed i prop~rty. w th~t h~re~ft~r may b~ impoNd, fulfe~eA, placed. I~vied, o~ awssed ti+~reon, a that here~fter ma~ b~ levied w ~urs~ed upon this Mort9- aye, w tM indebu<M+~u secured he~~by, each ard wtry, when dve ~nd p~yable, accordinp to bw, befor~ they becom~ d~finqvent. ~nd b~for~ any im~rar j ~i attuhes o~ •ny penalty is incurrcd; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPiIY SA~ISfIE~ AND OISCMARGE~ OF RECORD AN~ iHE ORIGINAI OFFICIAI DOCUMENT (SUCN AS. FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFAC110N VAPER OFfICUIIY ENOORSED ; OR CERTIFIEO) SHAII OE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFiER PAYMENT; and in the event that ~~y 1h~reof is not - pa~d, sat siied •nd disch~rged sa:d MORiGAGEE may at •ny hme pay the same a any part thereof w~thout wuvirq a affediny a~y option, lien, equity a _ .~aht under p by virrue of this mortgaye •nd ~he i~ll smount of each and eve+y ~uch payment ~hall be immed~ately due and payable •nd sh~ll bear inte~eft ~.om the date therw/ until paid at rare of nme per cenr~m per annum •nd toye~her w~th fuch infereft shall be secured by the lien of th:s mwytaqt. 1 - - _ 199 ~E2~39 ~ . _