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HomeMy WebLinkAbout0311 2330~ 5 ' ~ THIS INOENTURE, Mad~ thie 6th day of ~µ~_...L~y A.D. 19?~ beMreen Gerald A. Johnson and Blsie S. Johnson, ~his~wife of St. T.l1Cl@ , County Fiorida, hereinaftar designated ss tM "AIWRTGAGOR;' and FIRST FEDERAI SAVIhGS AND LOAN ASSOCIATION Of FORT PIERCE, i corpwation orpanized and existing unda the laws of tM United Statq of America ~nd luvin~ i» principat pl+ce of b~siness in tM City of Fort Pi~ru, St. luca County, Flaida, hereinaiter de~ignaled ~~s tiw "MORTGAGEE:' WHEREAS tM MORTGAGOR is 'rystly indebted to the MORTGACaEE in ths sum of = 30,600•~ a~ lawful ino~ey of the U~ited Sratea advanced by the MORTGAGEE u~to Ihe MORTGAGOR, as evidenced by a certain promiuory note of even dale herewith, of wh~ch the followinp in words and figures is a t~ue copy, to-wih S 30+6~ ~ 3-18~ 535 Fort Pierce. Flwida, J~v 6~ ~q 72 For value received, 1, we or either of us, promise to pay, without defalcation, to the order of FIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of s 30~ 6~.~ with interest from date at the rate of7 ~5 96 per annwn, in monlhly instal{- ments as follows: S 247'~ on the lSt d,Y of SeptembeY ~ ~q 72 a like sum on the carespo~d~ng day of each mo~th therr afrer until the whole be fully paid. Each installment first shall be applied in paYment of Ihe interest and thcn on the unpaid batance of the prindpal sum. (f d ault is made in fhs payment of any instal~rtxnt when due, and such detavtt continues 30 daya, then at the opYr~n of thc holder, and witFovt any otlxr ratice, all the remaining installmcnts shall be due and payable at once. Privitegs is givan to prepsy this note in whole w in part at any time without penalty. Neithe? fwebearance, 1?"35 nor acceptance by the holder thereof af~a a~y default in any payments hereon, shall be dremed extension_ A late payment charge of i • sh+~~ be added to each installment remaining unpaid 7 days afta its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding psymH+t data - Each maker, surery and endwser hereof, jaintly and severally, waives demand, present~nen: protest and notice of protest for nonpaymer+t, and further agrees to any extcnsion of time of payment, either beiore w aftcr maturity, without notice to any of us; and to pay all costs of collection, including • reasonsble attorney i fee in the event of a~y default hereunder, and hereby se~eraliy waives all benefit of homestead and exemption ~nder the constitution and laws of each Slate of. the United States, as against this obl~gation w any extension w renewal hereof. Witness the hand and s~al of each party. S/ Gerald A. Johnson ~AU csEnt) S/Blsie S. Johnson ~ ~ ~U t $ 45 ~ 90 t Stste Revenue NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring psyment of ssid sum of s 3O ~ 6~ .+~d the pe?formsnce of th~ covenants and agreemenri F~rreinafter eapresud, and for divers good and wlwble considcrations, by these presents, does grant, baryain, sell, remise, release, convey aod tonfirm unto the MORTGAGEE, its successors end auigns, all that certain bt, piece or partel of land, situate, lying, and 6eirg in 1M County of St• Lueie and State of Florida, described u followi: The East ninety (90) feet of the fo~lowing parcel of land: from the North-west corner of Lot 52~ MARAVII.LA GARDENS, LNIT #1 as recarded in Plat Book 6~ Page 55,xun East along the North line thereof 219.23 feet for point of beginning; thence continue East 172 feet; thence South 135.17 feet, more or less, to South line af Lot 52; thence West 173,67 feet; thence North 135.17 feet to point of begin- ning, public records of St. Lucie County, Florida~/ I j 4',. S~I~AT~ oF t=LOR IUA ~ v DOCUMENTAa" STAMP TAX ~ Z = e •w, N~ = Jl~11'72 a~~ =~~s ~ 4 5 9 0= ~ ~ I~ PAiME:~i? UF 7iJIES tuvt_ oF e[r[KUC • - = RECENED ~ 'P8.190112 - C' f~iirltlG l E i t E P E : S u:: A I N t'• 0? E~ i Y, WE ON CIA~~ ~ ~ro 71•134. A%iS Of ISJi. r,` pp~,}WT TO Ct ~~ER ~ItFAti ~ `y C?,ER1( EIRCUIT C~URT, S(. LiM;~E CO., fLA Q rogether with sll snd singutsr the tenements, hereditamentt and sppurtsnces there~nto belonging or in anywise +ppert~inirg thereto, and aU r~nts, issu~s, proceeds +nd profits acauing ~nd ro xvue from said premixs, all of which are included in the above and fora9oiny d~wiptan and habendum. TO HAVE AND T H~LD the sbove desc?ibed ar+d granted premises unro the said MORTGAGEE, its successws and +uiyns fweva. Md tM s~M MORTG R for t~e 1Y heirs, executors, sdministrstors ~nd auigns, hereby coven+nta with the s~id MORTGAGEE, iri wccessors ~nd +ssipro. that ~~ey are ~j~,,,fully se~zed of the said prem~ses in fee •imple; that tM same ~re free, ckar and discharged from all Uens ~nd M+cuen- brances in law a in equity, and thst thev M,;II snd their hein shall wsrrant and defend tFw titk w tM sam~ to th~ aW ~ MORTGAGEE, its iuccessexs and assigns, fwever ~gair?st the lawful claims snd dem~nds of all persons; ' :4' PROVIDED, AlWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promiuory note hereinbefwe de~cribed and aMll b~ly, promptly and fully perfum, d~xharge, execute, complere, comply with and abide by esch and evcry the stipulations, syreemenn, conditions +nd covenanb of said ~ ~ prom"~swry rate and of this Mwtgage, then thii N~wtgage snd the Estate hcreby aeated sMll cease and bs ~ull and void. IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singvlar w plural anywhere ir+ this Mortgspe, sh+ll be sinpvlu if one only u+d ~ shali be plural jointly and severalty if more tMn one, and thst the word "their" as used +nywhere in this Matyaye sh~ll be taken to mea~ "h'u," "hen," ~ or "iri;' wherever the context so implies a sdmits. Also, that wherever there is ~ reference in the tovenants ~nd sgreements htrein contained fo ~ny of the putia hereto, the same shall be construed to me+n as well ~s the heirs, leyal representativet, svcuuon snd auipns (either voluntary by ~tf of the ~ parties a involunt~ry by operstio~ of the law) of the s~me snd that the coven+nts I+erein contained sh~ll bird snd the benefits a~d adv~ntaq~s inur~ to ths respective hein, kg+l represenutives, successors snd su'g~n of the parties hereto. Md said Mortgsgors, fw thernselves and their heirs, legal representatives, sucussors and auigni, hereby joiMly and severally covenant and ~yr~t !o and with fhe t~id MORTGAGEE, its successors and auigns: ~ 1. To pay all ~nd singuls~ the pri~cipal snd interest and ~he variovs ~nd sundry wms of money payable by virtve of aid promissory note, and this mortysye, each ~nd every, p~omptly on the days respectivel~r the same severslly become due. ~ 2, To pay sll and singular the axes, assessments, levies, liabilities, obligatiorn and encumbrances of every nstur~ ~nd kind now on ssid describ~d property, a tMt hereahtr msy be imposed, suffered, plxed, levied, or assessed tFxreon, w tMt hereafter may be fevied or usessed upon this INort~ ags, w the ir?debtedneu sccureA hereby, each and erery, when due and payable, accwdinp to Iaw, before they becorr~e delinqvent, ~nd befort any intatst * attaches w any penalry is int~rred; AND INSOFAR AS ANY TNEREOF IS Of RKORD THE SAME SHAII 6E PROMP1lY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOlt INSTANCE, THE TAX RECEIPT OR THE SATISFAC110N PMER OFFICIAILY ENDORSED ~a OR CERiIFIED) SHAII BE PLACED IN THE HANDS OF SAiD MOR~GAGEE WITHIN TEN OAYS NEXT AF7ER PAYMENT; and i~ the event that any thereof n not ~ paid, sat:sfied and discharged sa:d MORTGAGEE may at a~y time psy the same a any part thereof without waiving or sffettiny ~ny option, lien, equity p ~ ~~qht under or by virtue of this rr,ortgage and the full smount of each and every ivch payment shall be immediately due and pa;abk snd sh~ll bear i~terest ~ ~~om the date thereof until paid at ~ate of nine per centum per annum and t her w'th such interest shall be secured by the lien of tF?:s mor9taye. ~ o~K 2b4 3~ ~ - - , _ - , . _