HomeMy WebLinkAbout1691 ~c.s~v~:~ ~ ,
TNIS INDENTURE, AAad~ the 24t'h da of ' , S 2 betwaen
. A.D. 19~
_ l~rre~l Willism Long~ Sr. ~ a single aciul~ ~
o{ S`~i• T+11C~ ~p~~y Florida, hereinafte~ designated sf the "MORTGAGOR,° and FIR51 FEDERAL SAVINGS AND LOAN
ASSOClA~IpN OF FORT PIERCE, • m?pontion or9~nized and exittir+g unde~ the laws of tM Un~ted Stat~s of Amerit~ and h~vlny its p?incipal place of
busineu in ths City of Fort PiKU, St. L~cie County, florid~, herei~her dssipnsted ~s tht "MORTGAGEE:' ~
1kHEREAS tM MORTGAGOR is juitly indebred to ths MORTGAGEE in the sum of ~ ~~3~~~ good artd lawful money of tF~e Un~~ed ~ ~
Srares advanced by ths MORTGAGFE unto ~he MORTGAGOR, as eviJenced by a ce~tain promisswy ~?ote of even date herew~th, of wh~ch the following in
words and fgures is a hve copy, ~o-wit;
s 14,300.00 3-18,599
Forf Pierce, Ftwida. 2~ 19 ?2
fd value received, I, we o~ either of us, prom;se Io pay, without defafcation, to the orde~ of FlRST FEDERAI, qSAV.~INCGS AND IOAN ASSOCIATION OF
fORT PIERCE a1 Fort Pi~rce, Fforida, rhe sum of S ~~~3~•~ with ime'~.e~st from date a1 the rate of LlJ..2% per annum, in monthly install-
+,~enrs ss fol!ows: _ ~ ~ 8~~ on the ~$t day of ~.p~m~r , 19~ and a like sum on the corresponding day of each month there-
afrer ~ntil the whole be fvlty pa7d.
Each installment first shall be applied in payment of the interest and thtn on the unpaid balsnce of ttx principal sum. If d ault is made in the ~
payment of sny instalGnent when due, and such delault continues 30 days, then at the opti~n of thr holdcr, and wi~houf any other notice, all the remaining
~~~stallmenta shail be due and payable at o~xe. Priv~tege is given to prepay this note in whole or in part at any time without penalty. Neithcr fwebearance,
r.or atreptance by the holde~ thereof sf~er any defauh in anY paymer.ts hereon, aFull be deemed extension: A lete psyment~ cF~arge of -•.Q . shall be
ad~ed to esch ins~altmenf remaining unpa~d 7 days after its dve datq a~d a like sum shall be added to each such installment remaini~g unpaid 7 days aftet
each sucteeding payrt~ent datq._ '
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of prote:t for nonpayment, and further
agrees to any extenian of ti~ne of payrtxnt, either be/ore w after maturity, without not~ce to any of us; and to pay afl costs of collectio~, inciuding a
~eesonabk attorney's fee in the event of any deiault hereunder, and hereby severally waives all benefit of homestead and exemption ~nder the tonstitution
a~~d laws of each State of the United S~ates, as agalnst this obligation o~ any extension w renewa( hereof. ~
Witness ~he hand a~d ieat of eacl~ party. ~
s/ Merrall William Lo~g, Sr., c~nu
8 3ing1A adult (sEaU
cs~Au
~ $2t .45 • st.te R~~M,,. ~SE"" ~
(Lraopa.or~~lbi.~w.wi~i~iw~t~.. , ~
NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~rirg payment of said sum of S ~~~3~'~ and the paformance of the
covenanri u~d sgreements hereinafter ei(xesxd, and For divers good a~d valwble considrrations, by these presenti, does grant, bar9sin, selt, remix, ~
release, convey and confirm unto the MOitTGAGEE, its succeswrs and auigns, sll that ce~tsin bt, pieoe er parcel of land, situatq lyiny, and being in tAe
Caunty of a5'ti• ZliCfB , end Stste of F{orida, deuribed as follows: f
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All of Lot 20 and the Sauth 15 feet of Lot 21, Block 3, ~
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of FRANKI.IN PARK, as per plat thereof an file in Plat ~
Book 6~ Page 32, of the Public Records of St. Iucie
Caunty, Florida~
,
~ ~S7ATE ~F f= LORIUA ~
j ~ DOCUMENTAo" STAMP TAX
Z - - , -
0 JU126'7Z ~ G' A c= ~
o IN PAYMENi OF TAXES
N V oc~t. o F e[r t ~ w
w t ~t J p~E ON CU1SS ` C' I N T
A
N G t B I
E PERSONAL PPOPEqiY.
PB.NOtIt PURSUMtT TO CNJIa`fR 71-13~. ACZS (1F 1911.~,.e/
R'~ER POITRA.:
CLERK CIRCUIT GO:tRi. Sf. WCiE CO.. FU.
rogether with all u?d singulsr the tenemenb, hercditaments and ~ppurtances therevnto belongir?p ot in anywise sppeAaininp iherefo, snd aH rents, iswet,
proceeds iffd PfOfiK KGVlfl9 and ?o acvve from said premises, ap of wbid~ ue inclvded in the above ~~d foreyoiny dewiption snd habendum.
TO Ft/tVf AMD TO jIQID t}+e above desa;bed ind gr~nted ~xemises unto the s~id MORTGAGEE, iri successors snd assiye?s fwever. Md tM s+id
MORT6AGOR fw hLS he'us, execvton, administraton ~nd auigra, he~eby covensnts with the ssid MORTGAGEE, i» successors ~nd auipro,
rhat - - lawfully tei:ed of the said premises in fee simple: tMt the ssme ~re fres, ckar snd discF?uyed from ~I) I'~cm u~d sncum~
brances i~ Isw w in equity, u~d th~t ~ will and hi8 hein sh+ll warnnt at~d defend the title to the sams fo Ths said ~
MORTGAGEE, itt successws and suigns, faever against tF~e lawful ctaims ~nd demands of dl penorts;
PRQVIDED, ALWAYS that if the NK)RTfiAGOR shall pay unro the AtORiGAGEf the p?om;ssory note he~einbefw~ deKtibed snd shatl fruly, promptly
and fully pe?form, d~xharge, execute, complete, comply with and ab+de by each and every the stipvlatioru, s~reementt, conditiaq and covenann of aid
promiuory note snd of this Mortgape, thcn fhii Mortgage snd the Esute hereby uesfed shatl cease and be nvll ~nd void.
IT IS UNDERSTOOD that the wad "Mwtyagor" whether in tM singular a plvra! a~ywhere in t!?is 1Norigape, ~hall bs sinyulu if one only and {
shell be plural 'pinily snd severally if more ~han a,e, i~d that ths wwd "fheir" ~s used s~ywhere in this Nbrtpaye sMll be t~ken to mean "his:• ••F+en•• ~
or "its," wherever the context so implies w admits, A~w, that wherever there if a reference in 1M tovenanri and a~reements herein cw+bined fo any of
rhe p~rties hereto, the same sh~l! be const+ued to mean as well ss the heirs, ky~) rspresentatives, successon ~nd aui9~s (either volunt~ry by ac~ oi th~
parties w involuntary by opeation of the law) of the same snd that the covenants hereio tonuined shall bind ~nd the benefib and adwm~yes i~we
ro the rapective hein, leysl reprcsematives, s~ccessofs u~d au~9ns of tke p+rties her~ro.
And said Mo~tggors, iw themselves and their hein, leyal represer?tativd, avcceuots ind ~uiyro. Fxreby jointly sod severally cov~nant and ayree
ro and with the said MORTGAGEE, its successors ~nd assigm:
1. To pay all and singular the principat a~~d imerest u+d tfie vsrious ~nd swidry wms of mo~+ey paysble by vinue of iaid promisawy note, and this
mortyage. ~ach a~d every, promptly on the days rospectively th~ same sev~rally become dve.
2 To pay ~tl ~nd sirgvlar the taxa, assessmenrs, tevies. liabilitiet, obligatian and encumbrances of every ~ture snd kind now on said desuibed
property, or th~t hereaha msy be imposed, wffered. Plsced, kv;ed, or ~ss~ssed thereon, or tMt here~iter may b~ kvied o? auessed ~pon thh Mort9-
age, a tha indebtedneu secvred hereby, each ~nd every, when due ~nd payabie, accordinp to law, before they become delir~q~ent, and bsiwe any intesaMt
attaches o? any pen+lty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD TME SAME SMALL SE PROMPTLY SATISFIED AND DISCHARGED OF
RECORD AND THE ORIGINAt OFFIC~AL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OffICtALIY ENOORSEO
OR CERTIfIE~) SftAlt 8E PLACfD IN THf HANDS OF SAID MORTGAGEF WIiHIN TEN OAYS NEXT AFTER VAYMENT; snd in tF~e event that any thereof is rat
paid, sat sfied ~nd discharged ss:d MORTGAGEE may at any time pay the same w any parl thereof without waiviny or affectiny any opfion, lien, eqvity a
•~aht under a by virtue of this mortgage snd the full amount of each and eve~y such p~yment sh~li be immediate~y due ~nd paysble and sF~all bear ;nterest
~~om the date thereof until pa;d at rate of nine per centum per annum snd together with such inter t s ured by the lien of Ih:s moryta9e.
BOOK~~ P/4GE~U90
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