HomeMy WebLinkAbout1815 TNlS iMDfNlURF. Mad~ the 20th d+y of J~e A.D. 19 72 betwce~ ~
killiam E. Davis and ElfYieda M. Davis~ his wife ~
of St. Lucie ~~~M Fiw~da, hcreinafter deign~ted ~s the "MORTGAGOR;' ~nd ffRST fEOERAI SAYINGS AND IOAN
ASSpC1ATION OF FORT PIERCE, a to~poration orqanised a~d exi:ting unde~ tM Iawa of 1As Uni?td Stat~s of Mxrita +nd Mvinp in printipal pl+c~ of
bu~inea +e? tM Ciy of Fo~t PiKC~, St. lucie Cou~ty. Florida, herei~afiK desi~na~ed u tt?~ "MORiGAGEE:'
WHEREAS th~ MORTGAGOR is justly indebted to the MORTGAGEE in tAe sum of = 24 L~0 , good and lawful money of the Un~ted
S~ates advanced by the MORTGAGEE umo tM MORTGAGOR. as evidenccd by a certa~n p~omiuo~y nols of even date huewitb, of which ths followinp i~
riords and figures is • frw topy, towit:
s aa,ooo.oo N, 4-18i4$4
Fo.~ P;Q«,. fi«;d,. June 20i 1972
Fw value rKeivcd, 1, we or either of us, promise to pay, without def~lcation, to the orde~ of FIRST FEOERAI SAVINGS AND LOAN ASSOCiAT10N Oi
FORT PIERCE at Fat Pieres, florida, ths sum of Z 24 ~Q~ with interest (rom date at rhe rate of 7• 5 96 pe? annum, in monthly inst~ll- ~
~~en~s as foltows: S 294•~ oe~ the ~gt d~y of AuQUSt , 1972 and a like sum on 1he cwrespondin~ day of each month thers-
after until the whole be fully paid.
Each installma~t fint shall be applied in payment of fhe interest and then on the unpaid balance of the principal sum. If d ault is m~de in the
NaYment of any installment when due, a~d such default coroinues 30 days, then at the option of the holder, and w;thout any other not~ce, sll the remainir?g
~~,staNments shall be duc and payabte at once. Privilege is given ro prepay this note in whole o~ in part ~t any time without peoalty, Neither forebearante,
r.or acceptance by the holda thereof after any default in any payments hereon, shall be deemed extcnsio~. A lafe payme~t charge of s
9!
~7O shall be
added to each installment remaining uopa~d 7 days after ib due date, and a like sum sha~l be added to each s~ch installment ?emaining uopaid 7 dsy~ after
tact~ suCCeeding paYment date.
Each maker, surcty and endorser hereof, jointly and sever~lly, waives demand, p~esentme~t protesf and nofice of protest fw nonpayment, and further
agrees to any exte~sion of time of payrt+em, either before w a(ter maturity, without not~ce to any of us; and to pay alt costs of collection, intlud;ng a
rraaonabk attorney's fee i~ the event of any default he~eunde?, and hereby severatly waives all benefit of homestead and exemption ur+der the tonstitut'ron
;nd taws of each State of the United S!ates, as +gainat this obligation w any extension or renewal hereof.
Witness the hand and xal of each party.
S/Williain E. Davis ~y
(SEAU
S/Elfrieda M. Davis ~u
$36.00 , ~
c s~~~. a~~N,,,~
NOW, THEREFpRE, the MORTGAGOR fw the purpose of securirg payment of ssid sum of S 24~~~'~ , ~nd tM performancs of ths
covenants and agreements Ixreinaftes expresud, and for divers good and valuable consider~tions, by thete presents, does yrant, bargain, sell, remise,
release, conrey a~d confirm unro the MORTGAGEE, ih succeuors and auyns, e11 that ce~tain iot, piece or parcel of land, sitvate, lyinp, ~nd beinp in tM
~o,,~~y St . Luc ie ~~nd State of Fbrida, described ai follows: ,
Lot 7, Block 25, RIVER PARK UNIT 3, per plat thereof on file
in Plat Book 10~ Page 8~~ of the Public Records of St. Lucie
County, Florida ? ~
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'p8' DUE 011 CUISS 'C IKTAItGIBIE PERSONAt /100~,
pURS1iM11 TO CHAv'F~ 1~-134. ACTS Of I9)1.~~~r~
R65ER POITRAS
CLFR!( CIRCUIt COUR?, Sf. LUC1f 00.. ITA
rogether with a!I and singular the tenemenri, hereditamenb ~nd appurtances thereunlo belagug q in ~nywiu apperNini~y thereto, and all r~nn, iuuta,
pr«eeds ~~d prof~n accruing snd to xcrue from siid premisei, ail of which ue included in the abow and fo~~yoirg description and habe~dum.
TO NAVE AND TO HOW the above dexribed and yranted premiaes unto the aaid MpRTGAGEE, its svaesson and ~uiym forswr. Md th~ ~Id
MORTGAGOR fw hein, execvton, administr~ton and auigrts, hereby covenanb witb flk qid MORiGAGEE, iri sutc~ssws uid ~ssipro,
~nar _ they are _~„~~~i x~:~d of .+~d
Y premwes in fee simp{e: thst tM same are fne, cle~r ~nd dischsrped from all 1'~ero and ~ncum-
brances in law a in equity, snd that they W~~~ theit hein shatl warr~nt snd defend the thl~ to tM same ro the faid
MORTGACaEE, iti successors and assigm, fwever againit tM lawiul claims and demands of all persorq; f
PROVIDED, AlWAYS th~t if the MORTGAGOR shall piy vnto the MORiGAGfE tM promissory not~ l~ereinbefor~ desnibed and sh+ll trvy, promptly
and fvlty perfam, d+'xha~~e, execute, compkte, comply wi~h ~nd sbide by exh and every tFw atipulations. ayreements, conditia~s and oovenaob of wid
promissory rate and-of ~his Mortgaye, then this Mortg~ye and tl+e Estate hereby ue~ted sh~ll u~se u+d be nulf ~nd void.
i
IT IS UNDERSt00~ tMt the ~word "Mort9agor" whether i~ the si~gvlu w plwal ~nywixre in this Mo~fy~pe, shafl be sinpvlu if ont only and i
ihalt be ptur~l joi~tly and severally if mo?e than one, and ti?at the word "the'u" ~s u~ed ~nywhere in this Nbrtysy~ sl»II be taken to rMan '1?n;' "h~n;' `
or "in;' whereva the conte~ct so implirs or sdmits. Alw, tFut wherever there ii a ~efaence in the cove~snts ~nd agreemenq herein containd to ~ny of ~
~he puties hereto, the same shall be construed to me~n ~s well ~s the hsirs, kyal rspresentatives, wccessors ~nd ~uipro (eifMr volunt~ry by act of tl+~ ~
parties or invduntsry by oper~tion of the I~w) of the sams and that the covenann herein contained shall bind and ths benefits and ~dranbyta inw~
ro the respective Aeirs, kgal representatives, tucceisors snd au°yns of the p+nies hereto. i
Md said Nlortgsgtxs, iw themselves snd their hein, le~al representatires, succeuws and auigro, hsreby jointly ~nd severally covenan! and ayree i
ro and with the said MORTGAGEE, its succesiws assiyro:
1. To pay all ~nd singvlar tFx princ~pal and interest u~d the wrious and iundry sums of maxy payabl~ by virtue of iaid promisso?y note. ~nd thFs
mortys~e, each and every, prompfly on the d~ys respeaively the same sev~rally becortw due.
2. To pay all and sinpvla the qxa, asscssments, levies, liabitities. oWigations ~nd encwnbrances of every rwtwa a~+d kind now on said desuibed
p.ope.ty, a tFHt hereafter may be impo~ed, wffaed, placad. levied, a asstued thereon, a tMt here~her may h~ leviad or ~ssessed vpon thb Mort~-
age, a tM i~btcdneu secured hereby, exh and every, when dw and p~yabk, xcordirg to Isw, before they becan~ d~linquenL and b~for~ ~ny intK~t~
artaches or any penalry is incvrrtd; AND INSOfAR AS ANY iHEREOF tS OF RKOR~ 7HE SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGE~ OF
RECORD AND THE ORIGINAL OFFIGIAL DOCUMENT (SUCH AS, FOR INSTAN~E. THE TAX RKEIPT OR TNE SATISfACT10N PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHAII BE PLACEO IN THE HANDS Of SAID N{ORTGAGEE WITHiN TEN DAYS NfXT AF1ER PAYMENT; and in tiK event t1~st iny thereof is not
pa~~+, sat"sfied and diuh~rged sa:d MORTGAGEE may at any time pay the same o~ ~~y pan thereof without wsiving or st(ecting sny option, lien, p~ity w
•~qht under a by virt~e of this mortgage and the full amount of each snd every such payment shall be immediately dw and psy~ble ~nd shail 6tsr i~terq~
~rom the da~e ~he~eof u~til psid st rate of nint per centum per annvm and together with tuch inte~est fhall be secured by the lie~ of th:s mor9taq~.
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