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HomeMy WebLinkAbout0207 2329`75 ~ ' A.D. 19 between THIS INOENTURE. Mad~ tF~e ~~th d+y of .JL111~ r~. 72 J3mc~s J Deic~h~~n an~3 S~rb~ra ,J. I~•ir~h•zn, his tivifc~ ' of ~St . ~.lLC1P County Florida, herei~afte~ desgnaeed as ths "MORTGAGOR." and FIRS' FEDERAI SAVINGS APtO LOAN ~ ASSOCIATiON OF fORT PIERCE, ~ cwporauon organi:ed and exis~~ng under the laws of tM United St+t~s of Am~ic~ +~d havirp in priixipal place of buiinsu in the City of fo.t Pieres, St. lucie County, florida, hereinaitsr desiynated ai tM "MORTGAGEE." WHEREAS ths MORTGAGC~R is j~~tly indebted ro the MORTGAGEE in the sum of f~~~~~• 7~ good snd Iswful money of the Un~ted Srates advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a cenain promiuwy no?a of even date herewitF, of which the (ollowing in \ S ordsg snd~igur~~s a uve copy, to-wit: 3_ j$~ 5' ~1 . ~ J . No ~ Fort Pierce. flwida. -~Ut1C' 28 19 7~. Fa value received, 1, we or either of us, prom~se to pay, without defalcation, ~o the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF r FoRT PIERCE at Fort Pierce, Flo+ida, the sum of S 8~ ~~~7'~~ with interes;from date at the rate of?-~p1o per annum, in monthly instalt- ~ ments as follows: = 8O.0~- a+ ~he 1 St day of Augu s t ~9 7" and a like sum on the correspond~ng day of exh month therr af~er until the whole be fully paid. ~ Fach installment iirst shall be applied in payment of the interest and then on the unpaid batance of the princ~pal wm. If d autt is made in 1hs ~ ~ay~nent of any i~stallment whe~ due, and such defauh conrinues 30 days, then at the option of the holder, and without any other no~ice, all the remsining ~ ~ns?allments shall be due and pnyable at orxe. Privilege is given to prepay this note in whole a in part at any time without penalty. Neither forebearance, ~ no. acceptance by the ho~de~ thereof after any default in any payments hereon, shall be deemed extensio~. A late payment charge of S'~ shall be ~ added to each installment remaining ~npaid 7 days after its due date, and a like sum shall be added to each such installrrxnt remaining unpaid 7 days after ~ each sutteeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for non men~, and furthet ~ agrees to any extens~on of time of payment, either before a after maturity, without not~ce to any of us; and to pay all costs of oll ion, including a reasonable attorney's fee in the event of a~y default he~eunder, and hereby severally waives all benefit of homestead a ze u et the col+ ution ~ and laws of each State of the United States, as against this obligation w any extension w renew hereof. Wiiness the hand and seal of each party. ~ / ~Au ' _Tames Dei ha ~ (sEwt) S Fia r r J. ghan ~qU ~ ~ 12.60 ~ Stete Revmue _ 4~w-carxel~.d er?_oripioat .oor~_ 8 '~00 t70 ~ NOW, 7HEREfORE, the AhORTGAGOR fo? the p~rpou of securing payment of said wm of s ~ ' , and the pe~forrtunce of the covenants and agreementa he~einafta e:pressed, and for divers good snd valusble consideratiens, by these pesents, doe~ grant, bar~ain, sell, remise, release, convey and confirm unto the MORTGAGEE, iri successors and auigns, all that cenain bt, piece w parcel of land, situate, lyi~g, and bein~ in the County of S t. Luc i e and State of Florida, dewibed as follows: Lot 1, Block 1, ~•'r1LTE?? PETERSON'S SLBDIVISIn'.~i, as ner ~lat therc~of on file in °lat Book n~~e 1-~, Pub?ic !?ecords of St. Lu~ie County, `r'loriaa, r1ND ~lI.SO, Be~JinnincJ at a point SO feet ~:orth of the `Iorthwest co_ner of Lot 5 0~ said l•:'~lter ?ete:son's Subc?ivision, run thence North ».5 Fc~et; thence ~ast 50 feet; thence South 55. S feet; thence t~est SO feet to thc~ Poin± oP iiegizning; being a~art of the ~'I~tj of t}~e Sf~~ qf Section 9, ToVmshi~ 35 South, Ran~e -~O Fast, ~ i ! ! S7ATE oF ~ 1=LOR{OA ~ ~ Z DOCUNIENTAsp`_!: STq`~+P TA:t - 'i~(~E'~ ~ J a J ~ = JIlL1~'72 j•.. a- v = ~ - . ~ _ ~p ~ ~ IN tAYMEfIT OF TAXE$ N Cf~T.UiREYFF:UE •-,f~l•~ I~ v O> ouE on a~?ss ~ nrtiwcie~ s.,..u :~o~wr, P.B. ~vo~~z __.r pyp~y~[(~ T~0 (~111PTER 71•134. ACts aF 1lIL ~ c~ IIOGER POfTAI~ p,E1~R ~T ~Qii iT. l~l~ ~ H~ : together with alt and singular the tenements, hereditaments snd ~ppurtances thereunto belonging a in anywise ~ppertaininy the?eto, and +II rents, iss~es, proceeds snd profin xcruirg and to scvue (rom said premises, all of which are inclucied in th~ abov~ and fon9oinp dewiption ~nd habendwn. TO HAVE AND TO HO~~ the above described a~d grsnted p?emises unto the said MORTGAGEE, iri suaessors and assipns forevtr. Md tM said t11Pir MORTGA~o R fw he~rs, executws, sdminisrratw~ ~nd sssigns, hcreby covensnts with the said MORTGACsEE, iti svccessors ~nd assisro, they a re that - Iswfully seized of the isid premises in fee simple; that the tame are frae, ck~r ~nd dixMrped from ~II liens ~nd ~ntvn? brances in law a in equGty, and that th~y w;11 and their ~;n shall wsrnnt and defend the title to the same to the aid MORTGAGEE, its svccessws and auigns, fwever against the lawful clsims and demands of •11 persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tF~e p~omissory note hereinbefwe described ~nd shall truly, promptly - and fully perform, d~xharge, execute, complete, comply w~th and ab~de by esch snd every the stipulations, sgreemenn, ca~ditiau ~nd coven~nn of said J promissory r,ore ~nd of this Mortgsge, then this Mortgage ar?d the Estate hereby aeated shsll u~se and be null +nd wid. ~ IT IS UNGERSTOOD that the wwd "Mortgagor" whether in the tingular or ptural snywhere in this Mortya9e, shall be sinyvlar if one only and ~ shall be plur~l jointly and severally if mwe than one, +nd that the word "their" ss uted anywhere i~ this Mort9aye sh~ll be taken to me~n "his;' "hen;' ~ ~ or "its;' wherever tFro context so implies or admits. Al~o, that whereva there is • refe?ence in ths covenan» and ~groemenri herein contained to a~y of rhe parties hereto, tlx ssme shall be construed to mean ~s well as the heirs, legsl representatives, succe:sors and a~sigro (either volum~ry by act of tl» parties w involuntary by operation of the !aw) of the same and that the covenants herein contained sFull bind and the benefib and advant~ges inun Q ro tt~e respective heirs, legal representatives, successors and ass'gns of the psrlies hereto. u.. t And said Nbrtgsgors, for themulves and their heirs, legal representatives, wccessors +nd a~signs, hereby jointly and severally coven+nt •nd ayr~e ro end with the ssid MORTGAGEE, its svccessws and assigns: 1. To pay +II and sinpul~r the principal and interest and the various and su~dry swns of moaey payable by virtw of said promissory note, ~nd thi~ ~ mortgage, each and every, promptly on the days respectively the same severally become due. x • 2. To pay all snd singular the bxes, assesunenn, levies, li~bilitie~, obligations and entumbrances of every narute and kind now on s+id dtscribed property, a that here~fter may be impaed, wffered, plated, levied, w ~ssessed thereon, p that hereafter may be levied w aue~sed upon this Mort¢ C r~ : age, or the indebtedneu secured hereby, each and every, when d~e and payable, accwdinp ro Iaw, before they become delir+queM, uid before any interesl attachea or any penalty is incurred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTLY SATISfIEO AND DISCHARGED OF RE~ORO AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFA~?ION PAPER OfFIC1ALlY ENDORSED OR CERIIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WiTHIN TEN DAYS NEXT AFTER VAYMENT; and in the event that any thereof is not paid, sat"sfied and discharged sa:d MORTGAGEE may at any time pay the same or a~y part thereof without waiving or a(fecling any option, lien, equity ot ~ •~aht under oi by virtue of this mortgsge and the full amount of each and every such psyment shall be immediately due and pay+ble and shal) besr infe~es~ ~•om the date thereof until paid at rate of n~ne per centum per annum and together w~th such interest shall be set~red by the lien of th:s mo~yta9e. ~ ' - £ Yk,^` a~`r " ~ ~ ~ .r - ~r. r.~,~. 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