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HomeMy WebLinkAbout2793 z;~ss2s ~ THIS INDENTURE, Mad~ 1M 28t'h day of ~~h A.D. 19 ?2 batwcen _ Neil Thatnss and Lorina Tha~nas his ~rife - - - ~ A~ of Sti • Ti11C j.A Co~nty Florid~, M~einafter dag~ated as 1M "MORTGAGOR," and FIRST FEDERA! SAVlNGS AND IOAN ASSOClATION OF FORT PlERCE, a twpaition apaniz~d and ~xis+in~ u~der tM Isws of the Uniqd St~qs'ot'/1e~ica ~nd ?uvinp its principal pl~c~ of busin~u G~ tM City of FKt Pitru, S~. luci~ Couoty, Flwida, her~inafter d~tpn+ted a~ ~F» "MORTGAGEE." ~ ? 500 OQ• ~ r WHEREAS tM MORTGAGOR is jvuty it~dtbted fo tM MORTGAGEE in Me sum of s • good aod lawf~mw~ey of the Un(ted Sratas advanced by tM MORTGAGEE unro tM MORTGAGOR, ~s evidenced by a cena~n pomiasery ~ott of evex date herewith, of wh~th ~h~ followinp in worda and fiyures if a trw copy, to-wit: f ~>j~~~ 3~~ 8i~~0 fwt Pierc~, Flo?ida, ~rCb 2`~ 19~ Fw valus received, 1, we w either of us, promise to~j ay, without defalcation, to rhe order of FIRST FEDERA! SAVINGrS ANO IOAN ASSOCIATION Of fORT PIERCE at Fort Pierce, Floaid~, tha tum of w;th inre~re~sf from date ~t the r~te of ?~?96 per an~um, in monthly install- ~nents a: foltows: j T~ o~ tht ~ 8t day of , 19,i and a lika suKr on ths cwrespa~dinp day of esch month there- after until thc whole be fully paid. Each installment first shall be applied in payment of ths interest and the~ on the unpaid balance of the princtpal sum. If d ault is made i~ iM payment of any instaltment when due, atd such default continues 30 day~, then ~t Ihe option of the holder, and without any other notice, +11 the ~emaining ~~stallments shall be due and payable at once. Privilege is given to prepay this rate in whole or in put at sny time without penalry. Neither forebearsncs, nor acceptance by the holder thereof after any ckfault in any payments hereon, shall be deemrd extension. A late payment charge of , sh~tl be addrd to each irutallment remaining ~npaid 7' days afttt its dua date, and a like sum shall be added !o eacF~ such installment remaining unpsid 7 days after each iuccecdi~g payment date. Each m~ker, surey and endwsen c~reoi, jantly and severally, w~ives demand, presentment protest and notice of pratest for nonpayrrKnt, and further agrees to any exte~sion of time of payme~t, eitl+er before w after maturiry, without not~ce to any of us; and ta pay afl msts of cotlection, including a reasonable attwney's fee in the event of any defautt Fxreunde~, snd hereby uverally waives alt benefit of hortustead and exemption under the constituta~ and laws of each State of tAe United States, as sgainst this obl~qatwn w any ex~ension o~ renewal hereof, Witness the hand end ual of each party. S~ N8~ 1'~im183 (SEAU (SeAU s Lorine Zhomas , a Loreen $11 25 ~ Thomas ~ ( • ) St~te Revenw ! NOW, THEREFORE, the MORTGAGOR for the purpose of seturing psyment of said sum of S 7~5~~~ ~ and fhe performance Of tM covenants and s9reements I1lff/f1aFiH t:preued, and fw divers ~ood and valuable coniiderations, by these presents, does g~ant, baryain, sell, rem~se, release, convey and confirm unto the MURTGAGfE, i?s successors and auign~, •p fhat certsin bf, piett pr parcel of lind, •ituate, lyirg, ~nd be;rg in tF~e County of St• , snd State of Florida, described ~s followt: ' Lots 13 and 14, Block 2, IRENE PLAZA SIIBDIYISmN, as per plat t~ereof on file in Piat Book 9, Page 33, of tha Public Records of St. Lucie Couaty, Florida . w S•i,'~T~ ~--L~J~t1J4 c.~ ~ i?CC~JMEA!i:^. F.•`C J ~ _ rze3o~n = - ~~:~I125= N r~~t.G: RtrE~1+E`~~ = / TA~ P.E3~wo~~: - ~qyp i-~~,~.__`! tN P~Y~AQii ~ DUF ON ClASS 'C' INTAiiGlBlE PfRSONAI PfYJPERTY, Fl!R$,1J?iJT i0 C~ER 71-134. 11CiS OF 191~ ~ i ap~.EA POt1RAS. Clotk Ctrcuit Couc~ St- 1~ ' eugether with all ~nd singula~ the tenemenb, hereditamentt and appurtances therevnto belongi~?q or in a~ywise apperNinin~ therefo, ~nd afl r~nn, issves, proceeds and profin acuuirrg and ta ~ccrus from taid premife~, all of wbid? us included in the ~bove and for~oing d~scription ~nd h~b~ndum. TO HAVF AND TO HO1D t}a above dexribed snd yrsnted premises unro tF~e s~id N10RTGAGEE, its wa~tsws and sssiy~t fwevs~. Md tM s~id MORTGAGOR for hein, ~xecuton, administr~tors and assigns, hereby cove~ann with tM s~id MORiGAGEE, its wousfors and ~uiyro, that t~~ a~ lawfully tei:ed of the said premises i~ fe~ iunpl~; tlut tl+~ ume ar~ free, ckar snd discF?~ryed from all litnt and ~ncum- bra~ces in law or in equity, and tha~ will ~nd ~heir heits ahall warrant u~d deftnd the titb to tM sun~ to tFN said MORTGAGEE, iu successors and ~uiprn, forwer ayainst the tawful cl~ims and demandf of ~11 perw~a; PROVIDE~, AtWAYS that ii tM AAORTGAGOR shall pay unro tht AAORIGAGFE ~he p?omis~py nots her~inbefw~ described and ahall truly, promptly ar+d fully perform, diuharge, ~xecute, complet~, comply with and ab7de by eath and every the stipulations, ~yre~menri, ca~ditipu ~nd cover?~n» of iaid prom~ssory note and of this Mortyaq~, then this Mwty~ye ~nd the Estate hereby veated shaH uas~ and be rwll ~nd wid. ~ IT IS UNDERSTOOp thaf tfk word "Morty~yor" whether i~ ti+e sirquta~ or plwal anywher~ in tha Mwtpape, sha)1 b~ airpular if on~ only ard ihall be plura) jointly and s~veraly if mor~ th+n one, ~nd that the word "their' ai ~sed a~ywhere in thh Mortpay~ shall be taken to me~n "ha;' "h~rs," ~ w"ib;' wherever the context w implies or ~dmits. Also, th~t wherever there is a r~ference in th~ covenann ~nd ayreemeny herein oont~ined to ~ny oi ~ rhe partiet hereto, the sam~ ahall b~ cautrued to me~n u well u tM heirs, lepal r~presentativd, s~ccesson ~nd sssipro (eithsr vol~mary by aa of t!w W panies w inrolum~ry by opernion of the law) of the iame and that the covenants herein contained ih~ll bind and tM b~nsfiri and sdv~nta~s inure ro the resp~ctive hein. Ipal r~presemativ~s, succeuws ar+d au~pra of th~ parti~s hereto. ~ Md s~id Mortyyor~, fw themcelves ~e~d rheir hein, lepal r~presenratives, succasors and usiyn~. hereby jointfy and sev~rally coven~M ~~d apr~e O~ ro ~nd with the asid MORTGAGEE, its wcceuws ~nd auiyro: 1. To p+y ~II ~od unpular the printipd and im~rest ~nd the vsrio~s ~nd sundry wms oi money payabk b virtue of said mort~+9e, each ~nd a Y W~~~Y note, and thi~ very, promptty on th~ days respectively th~ same awrally becortr dve. y~ 2. To pay att and sinpulx Nw t~~ces. ~ssessmsnn, levie~, liabHities, oblipations ~nd encwnbarKSS of every natur~ ~nd kind now on ~a;d d~arib~d ~o : P~op~rtY, a that Mresher may b~ imposed, svffered. P~+ced, levied, w a:sessed thereon, o? thst hereaher may b~ lev~ed a asses~ed upon thM Mort~ C~ s ape, w tFK indebtedncu secured Mreby each and wery, when dw ~~d piyable. ~ccwdirg ro taw, befwe they becwn~ d~lirqvem. afld bffOff a~ IMNp1 a?taches w any penslry is intwred; AND INSOfAR AS ANY 1HEREOf IS OF RKORD THE SAME SHAII 6E PROMPiIY SATISFIEO ANp DISCHARCsED OF RECORD ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OffICIAIIY ENOORSEO OR CfQTif1E0) SHAtI Bf P[ACED IN iHE HANDS OF SAfD MORiGAGEE WITNIN 1EN ~AYS NEXT AFTER PAYMENT; and in the event tMt a~y thereof is not paid, sat'sfied a~d dixF~aryed said MpRTGAGEE may at any time pay the fame p any part the~eof without w~ivinp o~ affectinp ~ny option, lien, eq~ity or •~pM under or by virtue of this mortys~e and the full amount of each and every such payment shalt be immediately dve and payabk and shall besr interest ~~om the date tF~ereof ~ntil psid ~t r~te of n~ne per centum per annum and topether w~th auch ~nterest thall be sec~red by the lien of th:s morytpe. : • : , - : ~ _ a ~ ~t.__,.~ .r. _ . . ~ - - - - ~