HomeMy WebLinkAbout2096 z;~so4~ c~ '
THIS INDENTURE. 1W+d~ tl~ie 20th day of March A.D. 19 - between
Jamc~~s R. ,~larshall and Delorise A~n Harshall, his wife
of SL . Luc ie ~p~~~y F~p~~; pertinaftN de~g~ated ~s tM "MORTGAGOR," ~nd FIRST FEOERAI SAVINGS AND IOAN
ASSOCIAiION OF FORT PIERCE, a co?paation «yanised and existirg u~da tM laws of ths United St~ta of America ~nd havinp iri principal plau of
b~i~neu ie tM City of Fwt Pi~ru, St. luci~ County, fto~ida, hereinafter d~siynated ai tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is j~ntly indebted to tht MORTGAGEE in the ium of = 10+7~0.00 Qood ~nd lawful money of the United
S~ates advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenced by • certain promissory nole of even date herewith, of which the followin~ in
wordi and figure~ if a trw copy, to-wit:
s 1U.700.Ut1 ~ 3-t8~103
Far Pierc•, Flo.~da, ~tarch 20_ 19_~
Fo~ value received, I, we w either of us, promise to pay, without defalcation, to Ihe order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
:ORT PIERCE at iort Pierce, Flwida, the sum of = 1U, 70~• VO w;fh inrerest t~om date at the r~te of 7~f 75O/6 p~? +n~um, monthly install-
~~,rnrs as follows: Z~~ • Ou on the 15t day of ~~ay , 19 72 and a like sum on the cwrespond+nq day of each month therr
a!ter until the whole be fuUy pa~d.
Each installment first shall be app~ied in payment of the interest a~d ~hen o~ the unpaid balance of the princ~pal s~ m. If d ault is made in the ~
Fa;ment of any installment when dve, and such defsult continues 30 days, thcn at the option of the holder, and withouf ther notice, all ~he remaining
:~~sratlrrKnts shail be due and payable at once. Privilege is give~ to prepay this rote in whole w in pa~? at anY lime withoui ;.enalty. Neithar forebearuxe, ;
r,or acceptance by fhe Falder thereoi afrcr any default in any payments hereon, shall be deemed extension. A late pay~+ent charfle of 40 shatl be
4•dded fo each installmcnt remaining u~paid 7 days after iri due da?e, and a fike sum shall be added to each such inst~llment remaining unpaid 7 days after
each succeedirg payment date.
Each make~, surery and endorser hereof, jointly and sevenlly, waives demand, presentment p?otest and notice of protest fw ~onpayment, a~d fvrthe~
agrees to any extcnsion of t~me of payment, cither before o~ after maturity, without notice to any oi us; and to pay all tosts of colledion, includ+rq •
rr~sonable attorney's fee in the evenf of sny default hereu~der, ~nd hereby severally waives all bencfit of homestead and exemption under the constitution
a•,d Iaws of each State of the United Sutes, as aga~nst this obligation w any cxtension or renew+l hereof.
Wi~neu the hand ~nd seal of exh party.
~ , • s/ James R. Marshall ~n,y
(s~?U
- _ ~'if lc~riso Ann ~Larghal 1
(SEAU
~ ~ 16 . 05 t State Revenue
{=ra,np~ so~wMMi~t aAy#+staoe~)
NOW, THEREFORE, the MORTGAGOR for tM purpose of setvring p~yment of ssid sum of = 1~ ~?~l). ~0 and tM pe~fortnance of tM
covensnts and sprsementi he?ei~afta expre~sed, and for divers 9ood and valu+ble considerations, by thex presents, doea 9rant, buyain, sell, rem~se,
•elease, conwy and confirm unto the MORTGAGEE, iri ~utceswrs and auigns, all that certain lot, piece or parcel of land, situ~t~, lyinp, and beinp in ths
County of St . Lucie ~nd Stat~ of Florida, described as follows:
;
Lot 21 of Block 2 of FI.EETt~!aUD ACRES, as per plat thereof on file
in Plat Booic lU, page 7ts, Public Records of St. Lucie County,
.
' Florida,?
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N b.19 {i 1 12 '~,e.'--=-_"_'`-
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~ together witb all and sinyul~r the tenements, hereditamenb ~nd appunanca thereu~to belon~inp w in ~nywis~ appert~i~irg iber~fo. ~nd ~II r~nq, iuws.
~ rroceeds and p.of~n sccruiny a~d to scuue from s~id premises, all of whid? ~re included in tM above and fwpoirg dewiption snd habeodum.
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TO HAVE AND TO HOlO tM above dexribed and yra~ted prem7~ unto fM s+id MORTGAGEE, it~ waeuon and auiyrn forewr. Md tM faid
MORTGAGOR for t he i r _~;r•, executon, administrators and auign~, hereby covena~+n with tM said MORTGAGEE, its wcc~awrs and auipm,
' ~haf -~X arQ iawfully se~zed of the said premtse~ in fee ~imple: that the same ~re fr~s, clear ~nd disch~ry~d from ~II li~ro and N+cum~
~ brances in law o~ in equity, and tMt the}I w~~~ the ir htin thall w~rraM and d~fsnd tM titk to tM sam~ to th~ sald
- MORTGAGEE, in successon ~nd ~uiyns, forever ayainst tM Iawful claims ~nd demands of •II penom;
PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unM tMe MORTGAGEE tFw promiuwy nott her~inbefa~ destrib~d and sMll truly, promptly ,
and fully pertorm, d~sch+rps, •xecvte, complete, comply with and abide by each ~nd ev~ry the stipulations, preements, condi~am .nd cov.r?.nn of sad
piom~uory not~ and of tha Mortyape, tMn this Mortyaqe and the htste henby veated shatl uas~ and bt rwll and void.
IT IS UNDERSTO00 that tFw word "Mortps~or" whetha i~ the sirgular w plural ~nywhae in this 1Mortyap~, sMll bt sin~ula if on~ only • _
_ shall b~ plural jointly and s~ver~lly-if mw~ tMn one, and that th~ word "~heir" ~s vsed anywher~ in thK Mwt9ap~ ~hall bs tak~n to m~+n "hia;' "hHS~ ~
or "iti;' wherever tht conttxt io implies ar admifs. Also, that wherever thcre is ~ r~ferenu in tM covtn~nts and ~yrserneari Ix~ein to~tsirwd to any o~~~ ~
rhe puties her~to, tFw tam~ sh+Il b~ canstrued to rrKS~ a~ wsll ai the hein. Myal r~presentativp. wccesson and aui~ra (~ither volunury by ~et of t ~
partits or involuntary by operation of the law) of the samt and tMt the covenants hersin contairwd shall bind ~nd tM ben~fin and adv~ntpes inw~
~o tF~e resp~ctiv~ he'vs, leya! r~presentativ~s, wccessors and au~yro of tl» p+h~e~ Mr~to. w
Y~ .
_ And said Mwtypors, fo. themselve~ and their hein, leyal rop?esent~tives, successon ai+d auiQru, hereby jointly ~nd kv~rally coven~nt and prK*,
- ro and with tht said MORTGAGEE, its s~rccsswn and auiyro: ~ .
1. To pay all a~d iirgula~ tFw principa! and interest snd the wriovs and ~undry sums of mw~ey paYabla by virtw of uid promiswry not~, and
mortyye, tach ~nd evtry, pranptly on tM d~ys respettively the same ssvtwlly bscarw dw. '
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~ 2. To pay ~II ~nd sin~vlar tM taxet. ~uetunents, levies. liabilities, obliy+tions ~nd ~ncwnbr~nces of evtry n+hna and kind now on aid daaib~d
property, w thaf ht~eaft~r may b~ imposed, sufferd. Dl~ced. Iwied, w~wsted thsreon. 01 tM1 FIlffaftN may be Itved a asses~td upon thb Mort¢ cicc ~
h~
ag~, w tFw iedsbtednsu secured Mreby. ~ach ~nd we~y, when dw ~nd payible, accwdinp ro law, before th~y bacan~ delinqwnt, ~nd btfon ~ny int~r~st ~~i
_ arraches w any penalty is incurrcd; AND INSOFAR AS ANY TMEREOf IS Of RKORD THE SAME SHAII 6E PROMPTIY SATISf1ED AND DISCHARGEO OF
RECORD AND ?HE ORIGINAI OFFICUI DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSED
OR CERTIFIED) SHAII EE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN 7EN OAYS NEXT AFTER PAYMENT; ~nd i~ tht ~venf that ~ny thtnof is no?
paid, s~t'sfied •nd dixh~r9ed sa:d MORTGAGEE may ~t any time pay the same o~ •ny part 1he~eof without waiviny w affectirq any option, lien, eqvity p •
_ •~aht under or by vi?tue of this mortg~e and the full amo~nt of each and evcry iuch payme~t shall be immediately due ~nd payable ~nd sFull bear intNMf
~rom ~he dNe ~he~eof unt~l paid ar rare of nine per ce~tum pr~ ~nnum ~nd royerhe. w~~h ~uch im~resr shall be sec~red by the lien of th:~ mwytape. "
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