HomeMy WebLinkAbout0147 ~z~ss~ ti ~
THIS INDftVTURE, Mad~ the_ 2 ~ day of Febrtiarv A.D. 19?~- between
Harrv Gordoa and Dorothv pP ~c+rdon his wi~'e
r
of St . Iuc ie Cp~nty Florida, herei~after desi9nated as the "MORTGAGOR," and iIRST fEDERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, • corpor~t~on wganized and existing unde~ ~he laws ot the United 5?atos of Ame~ica and Mving iri prlnc:pal place of
bus~ness ie ths City of Fort Pi~rce, St. lucie County, Flwida, hercinafter designated as the "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in 1he sum of j 6~ , good and lawful money of the Un~ted
Sfares advancrd by the MORTGAGEE umo the MORiGAGOR, as evldenced by 4 ce~ta:n promiiswy note of even date herew~sh, of wh(ch the foilowinp in
..ords and figures is a tru~ copy, towit:
s 6, 500. 7'3 No ~ 1.R
Fo?t P~~«e, Florida, ~ebruary 2r 19'T?
Fw value iece~ved, 1, we w eithe~ of us, promise to pay, withoul defalca~ion, to ~he order of FIRST FEQERAI SAVINGS AND LQAN ASSOCIATION OF
.~RT PIERCE ar Fort Pierce, Florida, the sum of s 6~ w;fh inrerest from date ai the ?ate of ~ °e per annom, in monthly install-
^-n~s as fol!ows: = 6•~ on the ~ st day of April , ~q_^ 7? and a tike sum on the correspond~ng day of each month there-
et~er uMil the whole be f~lly paid_
Each inStallment first shall be applied in payment of the interest and rhen on the unpaid batance of the princ~pal sum. If d ault is made in the
:.j~~nrN of any insta~lment when due, and such default continues 30 days, then at the opt~~n oi the holder, and without any other not~ce, alt the remaining -
•:srallments :ha11 be due and payable at once. Piivilege is given to prepay this ~ote in whole w in part at any time witfiout penalty. Neither fo?ebearance,
ro, actepfance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge oi S shall be
~aaed to each insrallment remain~ng unpa~d 7 days after its due date, and a I~ke :um shall be addrd to each such installment remaining unpaid 7 days sfter
each succeeding payment date.
Each makei, surety and endorser hereof, jointty and seve~ally, waives demand, presentment protest and notice of protest iw nonpayme~», and funher
~~rees to any eatension of time of paymeM, either befo~w affer maturity, wi~hout no?;ce to any of us; and to pay a!1 costs of co~lection, includ:ng a
<<asonable atrorney's fee tn the event of any de(ault hereunder, and hereby severelly wai~es a!I benel~t of homestead and exemption under the constitutioo
~~d laws of each State oi the United Statcs, as agamst this obiigation w any extensio~ or renewal hereof,
W~tness the hand and sesl of each party.
s/ Harr_v Gordon (SEAIj
RECE~YED - m~ IN PAYMOIT OF TAXFS (SEAt)
D:E OM qNS ~C' ~N~ICNI.E Pb'~~N~?L ~Tl~ s lbrot}~~ Lee Gordon ~Ai~
M1RS11AMT i0 CIIAPTtA Jl•~~1. ACiS af 19I1. ~~~~ff'
~L• T~ ) Srate Revenue ~pCER lblT~p~ CIMti ~71bi Cow~ ~t Z11oi~ C0. Ri. ISEAU
~cao~c 7~U~cMKlm6~DCntf ~t
NOW, iHEREFORE, tF?e MORTGAGOR ta tFx purpose of securing payment of aaid sum of f 6~ ~ ~ ar~d tht performance of the
covenants and agreements hereinafter expressed, and fo~ divtrs good and valu~ble tonaiderations, by these presents, does gront, baryain, sell, rem;se, .
re:ease, convey and confirm unto the MORTGAGEE, its tucceuors and ass~yns, ell that ceriain bt, piece or parcel of land, tituate, Iying, and being in the
County of St . LuC ~e and State of Flwida, dewibed as fottows:
Lot 20, o~' ~n'.4S~iZVGT~`7 H~ZGNTS SUB~IVISIQI~', as per
i glat thereo_° on °ile in Plat Book 7, page l~6, Public
i
~ Rec ~rds o° ~t . T~uc ie County, ~'lor i~ a/
i
i
i
3
~
5 I~?I C t=LU~1i~~? :
W `
~ ~ ucc~~~~sT~~::-_s~~..~:~_r, x j
~ = n!!R-i'72 _
~ ~ o ; ~,~~=~-~o 5 7 5 =
N V ~fii,6f [Lrftef~ . +~q~s!'. ~ ~ -
P.1i. i9oi ~z -
rogether w~th all and singular the tenements, hereditaments and app~rtances thereunto belonging or in anywise apperts;ning tixreto, +nd •II rents, iuuss,
p~oceeds +nd prof~ts accrving and to accrue from said premisa, all of which are included in the above ~nd fweQoing description and hsbendum,
TO NAVE AND TO HOID the above described and grantcd premises unto the said MpRTGAGEE, ir• successors snd auiyns fwevtr. And the ~aid
'u10RTGAGOR fw ---~'hPir---- F~eirs, exccutws, adminis+rators snd assig~s, hereby covenants with the sa+d MDRTGAGEE, its suttessors and auipro,
~hat -
the ~T'e _ tawfutly se~zed of rMe said prem~ses in fee iimple; that the same are free, clesr ~nd dixMryed irom all liero ~nd ~ncum-
b~ances in Jaw or in equity, and tha?
th@y will and tt1°i=' heirs shall w~rra~t and defend tM title to the same to th~ s~id
'VtORiGAGEE, its successw• and au~gns, forever yainst the lawful claims and demands of •II perswu;
PROVIDED, AIWAYS fhat if the MORTGAGOR shall psy unto the MORTGAGEE the promissoty r?ot~ Mreinbefwe described ~nd sh~ll truly, promptly
and fully perfwm, diuMrge, eaccute, complete, comply w+rh and ab+de by each and evcry the stipuletions, apreeme~ts, conditions and tovenants of ~~id
crom~ssory note snd of this Mortgsge, ~hen this Mortgage and the Estate hereby aeated shall cease and be rwll and void '
IT I$ UNOERSTOOp th~t the word "Mortgsgw" whether in the •inyular w plural snywhere in thi~ Matgsye, shall b~ sinpulu if one only ~nd
sh~ll be plural jointly ~nd severalfy if more thsn one, and thal tha wwd "rheir" as used anywhere in this Mortflaqe sMll be f~ken to rn~an "his;' "l~en,"
or "its," wherever the co~teat w implies or admits. Alw, thet wherever there i~ a re~e?ence in the cmenants and ayreementa herein tont~ined to any of
the parties hereto, the same shall be con~trued to mean as well as the heirs, leyal r~preunt~tivet, successui ~nd ~ui9nf (eithe~ votun~ary by scr of the
parties or involunrsry by ope~~tion of the !aw) of the s~me ~nd that the covenants herein contained shall bind and the beneFita ~nd adv~nt~yq i~urt
~o the respective heirs, leyal representat~ves, successws and sss'gns of the p~rties hereto.
And said Matgagors, fa themulves and their hein, le9sl representatives, successors and sssigns, hereby jo~ntly and sever~lly cov~nant ~nd ~yree
ro and wi~h the uid MORTGAGEE, its succes:ws ~nd assigns: -
f• To paV +II ~nd iinQular th~ prirKipal and intere~t •nd the vsriovs and sund~y sums of rtw~ey p~yabls by virtue of s~id promisw~y ratt, and this
mo~tgage, aach and ev~ry, promptly on the days respectively the same sev~rally becortK dw.
2• To pay all •nd sinqular the taxcs, •ssessmsnts, levie~, li~bil~ties, obtigstions a~d enc~mbr~nces of erery nature and kind now on said dtxribed
property. w th~t hereafter m~y be impo~ed. suflered, pl~ced. lrvied, or auessed thereon, w that her~~fter may b~ lev~ed w ass~ased upon thin Mutp-
age, or tM indebtednes~ ucured hereby, exh and every, when due a~d pay~ble. ~ccordiny ro I~w, befae they become delinQveM, and b~fw~ ~~y int~rest
arraches or •ny penalty is incurrcd; AND INSOFAR AS AN1/ iHEREOF IS Of RKORO THE SAME SNAtt aE PROMPTtY SATISF7fD ANp pISCMARGED OF
RECORD AND THE ORIGINAL OFFICtAI OOCUMENT (SUCH A5, fOR INSTANCE, iHE TAX RECEIPi OR TNE SATI$fACTION PAPER OffICIAIIY ENOORSED
OR CERTIFIED) SHAII BE PIACED ~fv THE HANDS Of SAIp MORTGAGEE WIiHIN TEN DAVS NEXi /1FiER PAYMENT; and in the event thar ~ny the~eof is not
ea~d, sat sfied and d~scharged sa d MOR7GAGEE may any hme pey rhe fame w any pirt thereof witbait w~;v~ng or af(ecting any optv~n, lien, equiq or
~~qht under w by vinue o4 this rr~o•~gafle a+~d the fu~l emovnl of each and every such paymem shalf be immcd~~rely due and payabte and shaU bear i~terest
~rom the date thereof unt~l pa;d st rire o~ n,ne per u~r~ns per annum and ~oqe~her ,~,nh svch mte~es ~I'.~~red by the fien of th:s mwyt~ye.
- _ . ~,~ce
_ . _ - ~ _