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HomeMy WebLinkAbout1385 . . ~ ' ~ s" 22?5556 THIS INDENTURE, Mad~ the 9th day o{ March A.O. 19 - between Iso C. Weaver and Mildred L. Weaver, his rrife and _ ~terame Stabil~ a s le adult - of St. Ll1C~A , County Florida, htrainaft~r desig~+ted +s the "MORTGAGOR;' ~nd FIRST FEUERAL SAVINGS AND tOAN ASSOCIA110N Of FORT PIERCE, • corporstion wy~ni:ed +nd eai~~inp v~der ~h~ IiMn of tM Unit~d S~ar~s of Americ~ and havinp its principal plac~ oi buiinsss in ~h~ City oi Fwt Pi~rc~, St. lude Counry, florida, hereinaha deiipnared sf tM "MORTGAGEE:' WHEREAS tM MORTGAGOR iq juatly indeb~~d ro tM MORTGAGEE in tM sum of =~0~~~~~ good and lawful money of the Un~ted States advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a cer~a~n promissay note of even date herewith, of which the followiiy in wo.ds ~nd figurei is a trw copy, to-wit: s 30,.000.00 N, 3-18,062 fort Pisres, Florida, ~rC~l 9 19~2 Fw value received, 1, we w eitha of us, p~om~se to pay, without defalca~ion, to the order of FIRST FEDERAL S'AVINGS AND IOAN ASSOC~ATION OF FORT PIERCE at Fwt nPie~ce, Fbrida, the sum of s 30~~~•~ w~th interest from date at fhe rste of r~% per annum, in mo~thly instalb r.,ents as fol:ows: j~~7 on the day of J3i~Y , 19_~_ and a like sum on the correspond~rg day of each month therr a4rer until the whole be ~ully paid. Each installment first shall be appl~rd in payment of the interest and then on the unpaid balance of the princ~pal sum. If d sulf is made in the ~ayment of any installment when due, and such default cominues 30 days, then at ~he opt~on of the holder, and wi~hout any othrr notice, all the remaining ~nz~aliments shall be due and payable at once. P~ivitege i~ given to prepay this nole i~ whole w in part at any time without penalty. Neither iwebearance, nor acceptance by the holde? thereof atte~ any default in any payments hereon, shall be deemed extensiun. A late payment charge of S ~ 2• shill be added lo each instaliment remaining unpaid 7 days after its due date, and a like sum shall be addrd to each such installment remaining unpaid 7 day~ after ~ each succeeding paymcnl date. Each maktr, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw no~payrrK~t, and further ~ agrees to any extens'an of t~me of payment, either before w after matur~ty, without not~ce to any of us; and to pay all costs of collection, includ~ng a reasonable a~twney's fee in the event of any default hereunder, and hereby severe~ly waives all benefit of homestead and exemp`ion under the constitution a~~d laws of each State of the United States, as against this obligation a any extension w renewal Fxreof. Witness the hand and seal of each party. . , ~ - ~ ~ 1 f 8~ ~O ~'r• w88V~I' (SEAu • a~ I411dred L. t~leaver ~nu Jerom~ Stabil@,, a s adul~A~a ts~?u ( ~1K-~ ) Srat~ Revenw ' i (5 NOW, THEREFORE, tM MORTGAGOR fw the pu~pose of aecuring psyment of said sum of S 30~~~•~ +nd the performsnce of ths covenants and agreement~ FKreinafter expresscd, and for d~vers good and valuable considerations, by these preunts, does grant, bargain, sell, rem~se, retease, convey and confirm unto the MORTGAGEE, its iuccessors znd assigns, all thal certain bt, piece w psrcel of (a~d, ~ituate, lyiny, and being in the County of St. ~i1Ci@ and State of fbrida, desvibed as follows: Lots 2L~ and 25, Block 7, SII,VER LAKE PARK ADDITION, as pe r plat the re of on f ile in Plat Book 10, Page 8, of the Public Records of St. Lucie County~ Florida ~ , ~ ~ i i ' ST'ATE oF _ . ` aocu~,vrao ~ L O R I Oq ; ~ Z _ ST~ii~i~ 7A X - s J ! d .w n". i y U = n~Rl~z. 5 0 _ - ~ ai~i. r,~ atrccuc • . 0 ; ~ P.B. r~oi i: ~ ; a { P,ECc~YED ~ a 1N PAY?'ENT OF T11XES ~ O~E ON CUIiS 'C It1iAHGtBLE P~•2;JCia1 i'RO?~ry, ~ FI;RSIJANT TO Ci-IAPTER 71-134, ACiS OF 1911. hj~~/ ~ ~GER POITRAS, Gerk Cirait Couct, Si Lude CG. F,a./ ~ € ` togethtr with all and singvlar the tenements, hereditsment~ and sppurt~nces thereunto belonging or in u?ywise appertaininp tFw.veto. ~nd all ~enb, issves, s proceeds ar?d profib acauing and to acuue from s+id prerri~ses, all of which ue included in the above and fae9arg dewiptan and Mbendum. ~ TO HAVE AND TO HOW the above dewibed and 9ranted premises unto the said MORTGAGEE, ib successors and auipnt for~vs?. Md tM uid MORTGAGOR fw their executai, idministntors and assigr?s, hereby coven+nn with the said MORTGAGEE, its sucteswrs and ~tsipro. ~ rhat ~~ra~ Iswfully ieized of the taid premis~s in fee iunple; that tM urrw sre free, ckar and dixharped from all Ikro and encver~ a ss ' brarxes in I~w or in equity, snd that~eu~.~- will +nd thei~ hein shall wsrrant and defend tM titl~ to the tam~ to tM aid MORTGAGEE, its succeswrs and suigns, fw~ver aysinst the lawful claims ~nd demandi of all pertons; 3 ~ PROVIDEO, ALWAYS that if the MORTGAGOR shall promissory note hereinbeiae deuribed ~~d shall trul pay unto the MORTGAGEE the Y. Mo^Wt - and fully perfwm, dixharye, execute, compkte, comply with srtd ~bide by esch and every the stipulations, ayreements, conditiom and tovenann of uid prom~ssory note and of this Mwtgage, t}xn this Mwtyaye and the Estate he~eby ueated shall u~se and b~ ewll and void• IT IS UNDERSTOOD tMt the wad "Mortg~yor" whether in the iingular w plural anywher~ in this Mort~spe, shall be tinpulx if ont only and - shall be plural joimly aod teverally if more than one. ~nd that the word "their" ss used anywhe~e in this Mort~aye sMll be t~ke~ to me~n "his; ••,h~n o. "its;' wherever the context w implies or adm~ts. Also, th~t wherever there ii ~ refe~ent~ in the covenann ~nd agraement~ F~erein cont~ined to ~ny of thr psrties hereto. ?he same ~hsll be constrved to mes~ ~s well as the heirs, ley~l rtprefentativa, successors and assigns (either volunury by ~d of tM - parties or involuntary by operation of the law) of the sune and that the covcn~nts h~~~in contained ihall bind and the b~nefiri and advantapes irwn N ro the respective heirs, legal representativei, succeuors and au'gns of the pehies hereto. And said Mortg~gws, for themselves and their hein, leyal rep•esent~tives, succeswrs and ~uigns, hereby jointly ~nd severally covenant and pree ~ ro and with tl~e said MORT6AGEE, its successon and a~sigra: ~ ~ 1. 1o all and si Iar the mci 1 snd interest and tF~t various and iu sums of mone able by virtue of said omiswry note, ~nd thn ~ 'sa WY ^D~ W P+ ^~Y Y P+Y P~ ; mortyaye, each and every, prompHy on the days respectively tM same severaliy become due. "j 2. To pay a~l a~d singvlu the tsxes, aateumenn, levies, liabilities, obliyations ~nd sncvmbr~nces of every nature ~nd kind now on aaid desvibed ~ property. or that hereaft~? may be impwed, wffe~ed, placed, levied, w~uessed thsrco~, a th~t hereafter may be lev~ed or au~sed ~pon this Mat~- - age, a tFw indebtedneu secured hereby. ~acfi +nd every, whe~ due and payable. ~ccad7np to law, b~fwe they becane delinqusnt, and befw~ any int~rest - attaches p any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII 6E PROHIPTlY SATISFIED AND OISCHARGED OF " RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFfIC1ALlY ENDORSED ~ OR CERTIfIED) SHAII BE PlACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in tF+s evcnt tMt any thereof is not paid, sat'sfied snd dixharged sa:d MORTGAGEE may at any time p+y the same ot any pan thereof without waiviny o~ affetlirg any oprion, lien, equity or •+aht under w by virtue of this mortgage ~nd the fu~l ~mou~t of each and every such payment ahall be imrnediately dve and payabk •nd shalt bear interest :r~' ~.om the date thereof until paid at rate of nine per centum per ~nnum and ro9ether w~t~~shal~b~~~~y the lien of th's moryt~ye. x- = '~'r . . - - - - - - - - - - ~ ~'_~ts~'~" _ ..6 _ _ . a ~ i~~