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HomeMy WebLinkAbout0309 2~330~4 ~ , i THIS INDENTURE. Mad~ the 7th day of July A.D. 19'2 ~ between i Hou~ton Turner ancl rlarilvn ltirner~ hic wifr~ ~ ° of SL . LUC le Cpunty Florida: hereinaftK d~sign+ted ss the "MORTGAGOR," ~nd FIRST fEDERAL SAVINGS ANU LOAN ASSOCIATION OF FORT PIERCE, a corpaatan orp+nized and exiitinq under tM laws of 1M United Sfatts of America and havinp in prirKipal plac~ of busir?ea in tFw City of Fwt Pie~c~, St. luc'a County, Florids, hereinaft~r de~ipnat~d u th~ "MORTGAGEE:' ~ WHEREAS the MOR7GAGOR is juuly indebted ro the MORTGAGEE ie the svm of = 11 good and I~wful money of Ihe Uni:ed Statei sdvanced by the MORiGAGEE unto the MORTGAGOR, as evidented by ~ tat~in promiuuy oote of evtn date herewitb, of whith the followirg tn wordt and f' ures is a true c to-wit: ' l1,n00.00 ~y~ ~ 3-28,550 ! s Ju ly 7 ~q 72 ~ fort Pierce, fbrids, fw value receivcd, 1, we w e+ther of us, {xom~se to pay, without defalcation, to the order of FIRST fEDERAI SAVINGgS~ ANO IOAN ASSOCIATION OF fORT PIERCE at Forf Pierce fbrids, the sum of = 11 with interest irom date at the rats of 7• 7 76 pe* annum, in monthly install- menu ~s foltows: s 91 .60 1St day of September 19 72 ~ ~;ke sum on the cwreipond~ng day of euh month there- ~ after until the whole be fully paid. i Each installment first shall be applird in Paid balsnce of the pri~d 1 sum. If d ault a made in ths i paymeM of the interest s~d then on the un pa paymeat of ~ny installment when due, and such default continues 30 d~ya, the~ at the option of the hoider, and without sny other notice, all the remaining ~nstallments sha~l be due and payabla at w~ce_ Privilege is given to p~epsy this note in whole w in part at any time without pcnalty Neilher forebrarance, ~ nw atteptante by the holder thereof alte~ any defauh in any payments hereon, sMtl be deemed extcnsion. A late payment cha~ge of ~ 4. SS ~F+all be added to each instattment remaining unpaid 7 days aftm ib due d+te, ~nd a like sum shall be added ro each such imtallment remaining unpaid 7 daya ~f1er i each sucteeding payment date. Each maker, surety and endorser hereof, joiMly and severally, waives dema~d, presentment protest end notice of protest fw nonpayment, and further agrees fo any extensan of time of payment, either before or aFter msturity, without not~ce to any of us; and to pay all costs of collection, including • reasonable attorney i fee in tl?e event of any default lxreunder, and hereby severally waives all benefit of homestead and exemption under the comtitution and laws of each Sute of the United States, as against this obligation a any extensio~ or renewal hereof. Witness the hsnd and seal of each party. cs~u S Houston Turner ~U (s~?U 16. SO S/ ria rilyn Turner ~U ( ~ State Revenue (St~rnpa sa~wlled ~w ~ripirn~noN) . NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of said wm of s 11 . ~nd th~ performancs of covenants and ~yreemenri hereinsfte? expresud, and for divers good +nd val~able considerations, by these ptesents, does grant, b+ry~in, sell, remise, reteax, convey and confirm unto the MORTGAGEE, its sucuuas and suigns, all that certain tot, piece or putel of I~nd, sltuate, lyin~, and beirg in 1F» Cqunty of St . I.uCle ~nd State of flotida, desaibed followr. Seginning at a noin*. 98 feet South anc~,7n2 feet East of the Northwest ~ r.orner of Section 31, Tovmship 3l Souih, Range -~O East, run thence Fast -~arallel to the 1'orth line of Section 31, a distance of 73 feet; th~r.ce Sauth 597.5 feet; thence tr'est 73 feet; thence Narth to the ~oint of t~c9inning, sai~ lanc? lying and being in St. Lucie County, Florida,./ ~ SYAl~t oF FLORIUA " I t~ ~ DOCUMENTA° ~SjAM_ P TAX J= ~ 11,~ ' y. 5 V_' ~ _ ~~~s _ 00 ~ N oErr.or et~a?roc . - RECENEfl - IN PAYME]R ~pg,»o~~: ~ DUE ON CtASS 'C' INTAHGIBIE PfRSONAI P!lRSWWY 70 CW~P'~" 71-1~4. 11CTS OF W~ y~~,~, ` i RO~E~7 P^ITeZAS ~ _ (~ERI( EIRCUIT CAJRf, S(. LUC~t C0. Fl~ ~ rogether w~th all snd singular the te~ement~. Fxreditaments snd appurtances thereunto belaginy or in ~mrwise appertainin~ there% ~nd sll r~nts, fuues, proceeds and profits +cuuing and to ~cwue from asid premises, all of whid+ sre included in the ~bow and forpanp description and Mbendum. TO HAVE AND TO F{OlD the above dexribed +nd granted premisn unto the said MORTCaAGEE, its avaessors and +ssipns forswt• Md th~ s+~d . their MORTGAGOR fw - heirs, execwws. ~dministrstas and ~uigns, hereby tovenanb with the taid MORiGAGEE, its suaestiors +~d +asipnt, i they a re rhat lawfully sei:ed of the sa~d premises in fse sunple; that tht same u~ ire~, clesr ~nd d7sci~+rped f~om ~II liens and ancwo- ~ brances in I~w w in equity, s~d thst they w~~~ thell h~~n shall warr~nt and defend t}w titlt to tM s~rm to tM wld ~ MORTGAGEE, its successon and euigns, fwe~rer against the I~wful ctaims ~nd d~mands of all per~ora; Q; PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay u~to the MORTGAGEE the promissory note hereinbefae described and shall troly, promptly ~ and fvlly perfwm, d~scMr9e, execute, compkte, comply with and ab~de by each snd every tht stipulaiweu, ayraemenb, tonditam ~nd oov~runb of s+id ~ promissory not~ +nd of this Mortg+ge, then this Mortgage and the Estate h~reby uested sFWll u~se and be n~ll ~nd wid. ~ IT IS UNDERSTOOD that the word "Mwtg~gw" whether in the singulsr w plwal u~ywlxre in this Mortyape, ~hsll be sinyula if on~ onty and ~ shall be plural jointly and tever~lly if mwe than one. snd tlwt the word "their" at used snywhere in tha Mort9a9t ihall be takee to mean "bis:• •'h~n:• w"its," wherever the context w implies w admits. Also, that wherever there is a refcrence in the covens~n and ayreemenb hersin co~tain~d to ~mr of ~ the psrties hereto, the same shsll be construed ro me~n as well u the hein, kgal r~present~tiva, suu~ssas and auipm (either voluntary by ~ct of the parties w involumary by operatan of the I~w) of the same snd that the coven+nb htrein contained ihall bind and the b~nefits and advantayq i~w~ ro ti~e respective heirs, kgal represematives, wccessors snd ~u~gns of the p~nies Frcrsto. And said Ntwtgagcxs, for themselves and their hein, legal representatives, successon and augns, hereby jointly snd sevsrally covtn~nt and pres ro and with the ssid MORTGAGEE, its successws and auigro: 1. To pay +11 and singular tt~e principal +nd interest and tF?~ v~rian and wndry wms of money payable by vinue of said promiuory not~, and this mortgaye, tach ~nd every, p.omptly on the dayi respedively the ssrrw sever~lly become due. 2. To p+y ~II and sirgular the ta:es, assesunenn, kvies. IiabiliYies, obliystions and enc~mbrances of every rwwre and kind now on wid dewibed property, a that hereafter may be imposad, suffered, placed, levied, w assessed therwn, or that here~fte~ m~y b~ levied o? ~ssessed vpon this Mwt¢ age, a the indebtedneu secvred hereby, eacl+ and evsry, when due and pay+ble, xcwdirg to law, befae they become delinquem, and befor~ ~ny intKat attectxs o~ +ny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTLY SATISFIED AND DISCHARGED OF RECOR~ AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, ?HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSF~ OR CERTIFIED) SHAII BE PIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that ~ny tF?ereof is nw paid, ssYSfied and discharged sa:d MORTGAGEE may at •ny t~+ne pay tF~e ssme a any part the?eof without waiving w effectir~y any option, tie++, puity or ~ •~qht under w by virtue of this mo~tgage and the fvll amovnt of esch and every such payment shall be immediately doe and psysbk ~nd shall bear inttrqt s.om the date thereof until paid st rate of nine ptr centum per annum snd together w~th such inter st shall be sec~red by the lien of th:s rtwr~tsp~. aoRKzo4 ~;cE 309 ; - ~s.~.. _ _ ~