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HomeMy WebLinkAbout1406 i~~i17'~G ' THIS INOENTURE, AAsds tAe ~ 6th day of J~e A.D. 19~ between ~ ~ ~ ~ ~1Llfl s~Yl Y'~/ ~ ~ 3 of Sti • T31C~A ~ County Flor~da. here~naf~er deignated ss ths "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • cwporat~on aganized and ex~s~in~ w+da the l+ws of the United St~tas of Americ~ +nd havinp ets principal pl~cs of buiiness fn tM City of Fort Piace, St. l~cie County, ftwida, hereinafur dcsi9n~ted as tM "MORTGAGEE:' WHEREAS 1he MORTGAGOR is justly indebted ro the MORTGAGEE in the sum of = ~9~~•~ , good and I~wful money of the Un~ted Srates advanced by the M.7RTGAGEE unto the MORTGAGOR, as evide~ced by a certain promiuay note of even da~e herewith, of wh~ch the fol~owinq in wwds and figures q a trw topy, to-wit: : l~9,400.00 N, 3-18,474 Fo?t Pierce. Flwid~. Ju~ ~ 6 19~ For value received, 1, we w either of us, prom~se to p1a-y, without defalcarion, to the order ot FIRST fEUERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, florid~, the sum of s ~9~u~•~ with interes~t from date at the rate of 7• ;~o per annum, in monthly install- ~nents as fot!ows: S 398.~ ~~?K ~ st+ day of OCt0~6r , lq-! ~ and a like s~m o~ the cwrespond~ny day of each month there- afrer until the whok be fully paid. . Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If d ault is msde i~ ths Hayment of any insrallment when due, and such default continues 30 dsys, then st the opt~on of the holder, and without any o!her notice, all the remaining ~:~siallments shall be due and payable at once. Privilege is given to prcpay this note in whole w in put af any time without penahy. Neithepr forebearance, nw acceptance by the holder thcreof after any default in any payments hereon, shall be deemed eatension. A late payment tMrge of S~ 7'90 shall bs added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remai~ing unpaid 7 d+ys after each sutceeding payment date. Each make~, :urety and endwser hereof, jo~ntly and severally, waives demand, p~esentment protest and notice of protest fo~ nanpayment, and further agrees to any extension of lime of payment, either before w after maturiry, without notice to any of us; and to pay all costs of collection, intludiny ~ re3sonable atto?ney's fee in the e~ent of any defauft hereunder, and hereby severally waives all beneiit of homestead and exemption u~de~ the tonstitution a~.d laws of each State of tlx United $tates, as against this obligation ot any extension or renewal he?eof. Witness the hand and seal of each party. s/ M. F. F1,ynn ~Aq tSEAU ~ s/ MarY F. F~Ynn t~?u ~7L? 10 ~ • ) State Revenue 1i~ww's~aw¢ai 1e~d ~ ~eri~iwaF ~+eM NOW, THEREFORE, the MORTGAGOR ior the pvrpou of sec~ring p~yment of satd wm of i ~9s~~•~ and the pe?formance of th~ covenants and agreemenp hereinaftcr expresied, and tw dive~s good ~nd valwble considerations, by thes~ presenri, does grant, bargain, sell, ~emise, release, conrey and confirm unto the MORTGAGEE, iri succeswis snd auigns, all that certain b1, piece a parcel of land, situs~e, lyirg, and bein~ in the ~a,~~ ~ Sti. ~1C~8 and State of Florida, described as follows: ; Lot 23 ~ Block 1, THUI~ POINT, as pe r ps.at the re of on file ~ Flat :3ook 10, Page 79, of the Public Records of St. Iucie County, Florida ; ' W STATE ~F FLORIUA I J Z DOCUMENTAp~~ STAMP TAX ` ~ _ ,~1~2 ` 7 410 - O - - s ~ ~ Vl U OtPi.Of REIEYYE ~ Dav~w,.w = G~ _ .~ca.cnCY IN PAI~IMEIIf ~ OF TAk$ ~ P.B. tto~ ~2 = DlE ON CI.ASS 'C lNTANGIBLF PE.. PURSIlANT TO GIAP! °~"~•11 PitOY'E1t1Y, Z 7l-13~. AC?S pi lyll. ~ ROfiEe~ POITRIIS y° ~ CiFRIf CIRCUIT COUR~, St. UlC1E C0~ Ft!? ~ iogeth~r wilh all and singulsr the tenement~, hcreditaments and appurtances thereuMO belaginy w in ~nywise appertaininy theteb, and all renri, fssws, ! ~ proceeds snd profib acuuing and to sccrue from said premius, +11 of whicF~ ue includd in tM abovt and forsyoirg descriptan and Fwbenduen. t u TO HAVE AND TO HOlO the above dexribed and yr~nted premises unto the said ~MORTGAGEE, i» u?ccessas +nd augru fwtvN. Md th~ satd ; MORiGAG;O1R for hein, executon, administrators and aisigrn, hereby cov~nants wi~h the said MORTGAGEE, its watuors +~d usip~s. ; ~ ,har -y++~V-~~-- lawfully ~eized of the s+~d premi~es in fee simpb: tfut the sam~ ar~ fre~, cka~ and disch+r~ed from ~11 liem and encwrr ; ~ brences in law w in equity, and that~ will ~nd t heir heirs shall wur~~t and d~ftnd th~ title fo tM sarn~ to tM tsld ; MORTGACaEE, iri successws and augns, fo~ever ayainst tM lawful claims snd demands of all penwn; i ~ ~ _ PROVIDED, AIWAYS thsf if the JNORTGAGOR sh~{I pay unto the MORTGAGEE the promisswy note hereinbefa~ destribed ud shall hulY. P~~?D~~Y , and fully perfam, dscharge, eiecute, compkte, comply wirh snd ab~de by each snd ~very the stipulatio~u, preements, conditiaa and coven~nn of said promisswy not~ ~nd of this Mortgaye, then this Morty~ge snd the Est~te haeby veated ahall ceas~ and be rw~l and void. ~ IT IS UN~ERSTOOD that the wwd "Morty~gor" whether in the sirgular or p!wal anywher~ in this Matg~pe, shall be siopvlw if on~ only and ~ shall be ptwal jointly and severally if more than o.w, and ~Mt the word "~heir" ss used ~nywher~ in th~ Mwq~ shall be taken to me+n :'his:• •'hen•• ~ or "in;' whereve~ the context so implies w sdmits. Also, that wherever there is a refer~nc~ in the coven+nn ~nd ay~~ements herein oontained to any of ihe pa.ties hereto, the sam~ thall b~ construed to mean ~s well as the htirs, le~al r~presentstivn, succeswn and assqro (either wluntary by acf of tM ~ parties or i~volumery by operatio~ of ?he law) of the s~me ar?d that the covensnts herein cont~ined ihall bind and tFK benefiri and advants~es inwt ~ io the respective hein, kyal representatives, succeuors and au~yns of the parti~s herero. ~ Md said Mwtyayon, fw tF+emselvq and tF+eir hein, legal rspresentativq. wccessors and auiyns, hereby jointly and severally coven+nt and aane ~ +o and with tFw said MORTGAGEE, its uxcessors ~nd augns: ~ ~ 1. To pay alt and sinpular the p~incipal a~d interest snd th~ wriovs and sundry swns of money payaW~ by virtw of s~id promiswry noh, ~nd tF?is ~ mort9sye, esch and every, promptly on the days rsspettive~y tht iame severally becorn~ dw. ~ 2. 1o pay •11 and ti~yula th~ t~xes. ~s~sssmenn, levies, tiabilities, obliy~Y~ons u~d eeu~mbr~nces of ev~ry nstur~ and kind now on said d~icribed proptrty, or that hereafter may b~ ~mpo~ed, wfftred. Ptaced. Iwied, or ~ssessed thereon, or th+t hereafte~ m~y be levied w~sse»ed upon thia Mor1¢ aye, w tM ind~btedn~a secured haeby, each ~nd evKy, when due and payabl~, ~ccwdirg w law, befort they becomt d~linqueet, and b~fa~ any in»ra~ ~ atraches o~ ~ny penalfy is incurred; AND INSOFAR AS ANY TMfREOF IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AND DISCMARGE~ Of ' RECORO AN~ THE ORIGlPiAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAVER OFfICIAIIY ENDORSED ~ OR CERTIFIED) SHAII BE PIACE~ IN iHE NANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; snd in the event tM1 sny thereof is not ~a~d. sar sfied and d~xharged sa.d MORTGAGEE may at a~y t~me pay the s~me or any p~rf thereof without waivin9 or ~ffectirq any opt~on, litn, equiry a •~oM under o~ by virtue o~ th~• mo~tgage and the fvll amount of e~ch and evcry such paymeM shall be immed~atel~ due a~d payabk and thall b~u iMNH~ ~ +~om the d~te thereoi un~~l paid a~ ~ate of n~ne per centvm per ~nnum •nd toyether w~[h ~uc 1 ~hall b tM lien of th:s mor t 17 ~ ~ Y 9 ~ Ei'li!~ ~ s y..~ ~ _ ~ ~ ; rC~ ~ d ~ L~.~-~~3~~°~~~~~-~ _ _ ~