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Home My WebLink About1790 z~s~17 ~ THtS INDEtJTURE. Mai• the lOth day of March , A.D. 19~~. berween g Willi~m R Hnv and tihi r1p~M N.,3;T~1zi ~y~0 a t~ ` of $t . Luc ie ~~~~y Flor~da. htreinafta d~tignated is tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ m~paation wy+nized and existing unda tM laws of tM United Statos of America and havinp its p~incipal plac~ of busineu in tl» City of Pwt Pitrw, St. lucis County, Florid~, hereinafttr d~siynated a~ th~ "MURTGAGEE." ' ~ WHEREAS ths MORTGAGOR is juitly indebted to the MORTGAGEE i~ the sum of : 4~ 1~ good ar+d lawful money oi the Un~ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promisswy note ot even date herew~th, of wh~ch the followin9 in ~ords and figwes is a trw copy, lo-wi?: ' = 4.100.00 ~ 3-18,073 Fwt Pieres, fluida, ~rCh 10 19~_ Fw value received, we w either of us, p~omise to pay, without defalcation, to the ordcr of FIRST FEDERAI SAVINGS ArIJ LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, ths sum of S 4> with in~eres? from date at the rate of ~Z~ per snnum, in monthly insfall- .nenrs as ioltows: i ~2•~n on the ISZ- day of ~A~-. 191~_ and a like sum o~ the corresporxl~ng day of each moNh tlxrr etrer until the whole be fully paid. . Each insta~lment first shall be appl~ed in payment of the interest and then o~ the ur.pa~d balsnce of the princ~pal sum. (f d ault ii msde in the Fa~ment of any i~stallment when due, and such default condnues 30 days, then s1 the optfon of the hotde?, and without any other notice, all tFx remain~ng :~~sratlments shail be due and payable at once. Privilege is given to prepay this ~ate in whole or in part at.any Nme without penalty. Neither faebearance, nor acceptante by the holde~ thereof after any default in any payments hereon, shall be deemed e:tension. A late payment charge of :-~.Q, shall be - added 1o each installment rcmaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 dsys after each sutceeding psyment date. Each maker, surery and endorser hereof, jointly and severally, w~ives demand, presentment protest and notice of protest for nonpayment, and funF.er agrees to any extension of time of payment, eirher before w after maturity, without not~ce to any of us; and to pay all costs of collectian, intludiny a rrasonable attorney's fee in ~he eveM of any default hereunder, snd hereby severally waives all benefit of homestead and exemption under the constitWion s~~d laws of each State of ~he U~ited States, as aga~~st this obligatan w any extens~o~ a renewal hereof. W~tness the hand and seal of each party. (SEAI~ s/ Will iam R. Hoy ~?t~ cs~?t) 6.15 s/ Shirlev M.~Hoy ~ ( ~ State Revenue - ~.S~e~wM-wwedl~ ~?-~ri~iwsl -wM~j- NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of S +nd the performsnce of tM covenants and agreemenq hereinafter expresscd, snd for divers good and valuable conside~ations, by ese presents, doei grant, baryain, tell, rcmise, rc:ease, convey and tonfirm unto 1he MORTGAGEE, its iuccessors and auigns, all that certain lot, piete w parcel of land, iituate, lying, and beirg in the County of $t . Luc ie and State of Florida, described ~s follows: Lot 7, Block 2, River Park Subdivision, Unit No. 1, as per plat thereof on file in Plat Book 10, at page 69 of the Public Records of Sa.int Luc ie County, Flor ida, , ~ ~ i ~ I i , ; i ~ ~ ; `-j' S t t- - r-LC!~-?I:.,y r ~ Z ~-~~~I~~' - _ : . _ ~ Y ~ 6 ; o = r.zR2~°72 - ~ a = _ ~U IN PAYMDIT ZAx 5 c.~ = e; L. t - pECFJYFD ~ PROP~~n' / 2 N i•~ ~ i. Cr [F 'E I. ~.i v~~= DUE ON C1ASS ti" INTAN6{BlE P~A' 1911. ~ C ~ . ~ t TO Ctll1PtER ~l•134, 1~G~ ~ : N ti. i 9 0 ~ = PU ~~piRl~ ~ ~n ~ ~ ~ Fta. 3 ~ IW~"~ s ~ r ~ ~ ~ rogerher with ~II snd singuiar the tenements, hereditaments •nd appvrt+nces thereunto beto~yirg a in ~nywise ~ppeAaininp thereto, and alf r~nts, issues, ~ protlt~f and profib accruing snd to accrve from said premises, all of which are incluJed in tMe above ~~d fore~oirq dewipYwn end h~bendum. ; TO HAVE AN~hTOl~lO ths abov~ desuibed ~nd yrsnted premises unto the taid MORTGAGEE, its successors u~d assigns fortver. Md th~ s+id @ ti 'NORTGAGOR for heirs, ezecuton, sdministnton and sssigru, hcrcby covens~b with the said AIIORTGAGEE, its wasswrs ~nd ~uipro, ~ rhat *hav ~ra lawfully seized of the ssid premists in fee simple; tMt the s~me are frae, cl~ar ~nd disthatped fran ~II lie~s a~d ~ncum- ~ brances in law u in equity, and thst hpj/ will and thair hein shall wurant and defend tht titl~ to th~ sarrw to tht wid ~ MORTGAGEE, its succeuors and +ugns, forever ayainst the lawful cliuns and demandt of all perwnt; ; paY prwnissory note hereinb~for~ desuibed and shall truly, promptlY PROVIDED, ALWAYS thst if the MORTGAGOR shall unfo the MORTGAGEE tht # and fully perfwm, diuh~rge, execute, compkte, comply with and abide by esch and evcry the stip~lations, agreereKnri, cond~~ions and aovenann of ~aid promisso~y note and of thii Mortgage, tha~ this Mort9aye and the Estate hereby ve~ted sMll cease snd be null ~nd void. IT IS UNDERSTO00 th~t the word "ARort~agor" wheth~r in the i~n~ular or plural snywhert in this Monyspe, shsl{ be sirgular if on~ only and = shall be plurel jointly ~nd sever~lly if more than one. ~nd thst the wwd "their" aa ~sed anywi~er~ in this Monyape shali be taken to m~~n "his:• •'h~rs; • = or "its;' wherever the context so implies w admits. Aiso, that whtrever there is • reference in ti» covenanri ~nd preemenri htr~in contairnd to ~ny of ~ rhe parties txrero, the ssme ahall be construed to mean as well ai the he~n, le9al r~present~tivss, suuessors u+d assipns (eitMr vol~nt~ry by act of th~ - parties or involunt~ry by operation of the I~w) of the same and that the covcnants he~ein contained shall bind snd tM benefiri u~d advantayp inur~ - ro the respective hein, leyat represemNives, wcceswrs and sss~gro of tF~e p~rties hereto. Md said Mwtgagors, fa themselves and their heirs. kgal representatives, successws and assiyra, hereby joimly ~nd severally covenant ~nd aprse _ ro snd with tFx ssid MORTGAGEE, its svcceswrs snd auigro: ,~~i : 1. To pay all and sinpulu the principsl and imerest ~nd the v~rio~s and sundry wms of mawY paYabk by virtue of said promiiwry not~, and this ~ mo~tgs9e, each and every, promptly on the days respectively the same sevtrally becortM dus. 2. To pay all and angulu the tazes, assessmenn, levies, liabilities, obliyatans and ~ncumbrances of every nHvro ~nd kind now on said dtsaib~d O ~ ~ properry, a that hereafter may be impo~ed, suffered, placed, kvied, or as~sssed thereon, or that hereafter may be kv~ed or assesied upon this Morty- ~ - aye, a the indebtedneu secured hereby. e~ch and every, when due and p~yabls. ~ccadlny to I~w, befae they becane delinq~rent`and~ be_fa?F-any inta~st ~ ~ _ artaches w ~ny penalty is inc~rred; AND INSOFAR AS ANY 1HEREOf IS OF RKORD THE SAME SHAII sE PROAMTLY SATISFIED AND DISCHARGED OF t ~ RECORD ANO THE ORIGINAL OFFICIAL OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfIC1AlLY ENDORSED p ~ _ OR CERTIFIEO) SHALL BE PLACED IN THE HANDS Of SAID MORTGAGEE WtTHIN TEN DAYS NEXT AFTER PAYMENT; snd in the evenf that a~y thereof is nW ( - Pa~d, sat'sfied snd diuharged sa:d MORTGAGEE may at any time pay the same or any p~rt thereof witFa~t wsivirg w affeding any option, lien, equiry or ~ " ~~qht under o~ by virtue of this mortgsye and the full smount of each ~~d every such paymen? shalt be immediately due and payable and shall bear interest ~ ~.om the date ihereof v~til psid at rate of nine per centum per anrwm ~nd toye~her w~th such interest iMtl be secured by the lien of th's morytsQ~. - ~ . ~ ~ ~ ~ ~ ~ c~ ^ ~y;.ra ~ ~ ~ s. ~ i s .Y ~'a*--~`~^'- ~c,- c~ ~ ~'~?s~.~"_ ~ i. _ .~`F . . _ a r . ^`.`e~,: ~'~i-~