HomeMy WebLinkAbout2363 , ~'34~3.3 ~
TNIS INDENTURE, Mad~ ~he 28th day of !~q A.D. 19 Lc + betwee~?
_ ~Tessie Backus duhse. a s gle adult
of ~1C~A Cqinry Flwida, hereinaftet designatcd a~ th~••"MORTGAGOR;' a~d flkiT fEDERAI SAVINGS AND IOAN
ASSOCIATION Of fORT PIERtE, a cwpaatior? wgani:ad and exis~ing under tha laws oi tM Un~ted S~at~s of America and havirq its principal place of
busineu in tM City of Fwt Piarce, St. luca Covnty, flwida, hereir»f~e~ d~sipnated ai ~he "MORTGAGEE:'
WHERfkS ths MORTGAGOR is justly indebted to the MORiGAGEE in ths sum of = 2~~~.~ , good and lawful money of the Un;ted
States advanced by the MORTGAGEE unto the MORTGAGOR, es evidenced by a cenain promisswy nole ot even dats herewitb, of wh~ch the fallowing in
wordi ~nd figures is a trvs copy, to-wif: #
s .zQ-~KOO.oO b-18,619
Fort Piace. Flwida. ~u~ 28 19~ ~
Fw value received, I, we or either of us, promise to pay, without defalcation, lo the order of FIRST FEUERA~ SAqVIN~+GS AND IOAN AS50CIATION Of
FORT PIERCE at fort Pierte, Fbrida, the sum oi = 2~~~~~ With int~er.~est from date at th~ rate of .1sZ o per annum, in monthly instafl-
~nents as foltows:: =3a~~ _ on the ~ St day of September , 19~.~ and a like sum on the cwrespond~og day of each month Ihere-
aftet until Ihe whote be fully paid.
Each installment first shall be applled ia payment of the interest and then or~ the unpaid balance of the prinNpal sum. If d ault is made in the ~
pay~nent of a~y ins?allment when due, and svch default continues 30 days, Ihen at Ihe option of the holder, and without any othe? not~ce, all the remaining ~
i
~~u?allments shall be due and payabfe at w~ce. Privitege is yiven to prepay this note in whole a in part at any time without penalty. ?Jeither forebcarance, ~
nor acceptance by the holder thereof efter an~ default in arty payments hercon, shall be deemed extensan. A late paymentthargcof -s__.~1_a~; shall be ~
a~+ded to each irutallment ~emaining unpa~d 7 days after in due date, and a Iike sum shatl be added to each such installment remainir~g-w~paid 7 days afler ;
each succeeding payment date.
Each maker, surety and endor:er hereof, jointly and severally, wa+ves demand, piesentment p?otest and notice of protest fw nonpayme~t, end further I
agrees to any extension of time of payme~t, either before w after maturity, without notice to any of us; and to pay all costs of collection, inciuding •
rea:onable attorney's fee in ~he even? oF any defauN hereunder, and hereby severally waives atl be~efit of homes?ead and exemption under the cons~itution
and laws of each Statt oi the United States, as against this obGgation or any extension w renewal hereof.
Witness the hand and sea~ of each party.
s/ Jessie Backus Guhse, ~A~~
a sinele adult ~,i~
~a~~
( ~•~5 ~ State Revrnue ~U
tS4~r~wMlMi w.+ws~ws~+~.M~
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of u~d sum of S 29~.~0~~ , and the performance of the
covenants and agreements hereinafter expressed, and fw divers good and valwble considerations, by ti?ese prese~sa, does g?ant, bargain, sell, temiu,
release, convey and coniirm unto the MORTGAGEE, its successors and auigns, all that «rtain lot, piete or pucel of I~nd, situate, lying, and being in the
County of St• ~1C~A and Stste of Florida, dew~bed as ioltows:
Lots 38, 39 and 40~ of FAIRVIII~i PARK SUBDIVISIGid~ as per
plat thereof on file in Flat Book 1~, at page 29, of
the Public Records of St. Lucie Conn~y, Florida
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S ~ t~c STh TAX ~ ,-s~;, - C~
~ ~ DOCUi~SE~!TA~~; ~ ~`a_.~_ ~
~ z = -2'1Z 1 _ <~,E~- ~ ` '~~~E/
~ = - '4425- t:'~'
N V OEiT.4F R"tii0.4f-_._~ ~f~ OQ,,, \ 4 t'' !
[~~,190{12 :
together with all and singular the tenements, hereditamcnts ar~d ~ppurtantes thereuMO belonging p i~ snywise sppertainirg therefo, a~nd alt rems, iuues,
p~oceeds snd profits acuuing and to acuue from said premises, sll of which ~re includeJ in the sbovs and fpeyoirg description ~nd fisbendum.
TO HAVE AND TO HOLD the above desaibed snd 9r+nted premises unto tF~e ssid MORTGAGEE, iri successas snd assigns forever. Md th~ said
MORTG,,A~,G~OR;f~w hPr n~~n, executors, admi~istrators and suigns, hercby cove~anb witb ihe said MORTGAGEE, iq succesaon ~nd assi~ro,
rhat lawfully seized of thc said prcmisei in fee simple; th~t the same are free, ckar and dischargrd f~om sll liero and enc~m-
brarxes in Isw w in equity, and that 3~'IA will and hein shall wir~~nt and defend the title to fhe same to the s~id
MORTGAGEE, its successws and assigns, forever againat the lawful clsims and demands'of al) persau;
PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the p?omi~sory note hereinbefore described and shall truly, promptly ,
and fully perform, dixMrge, execute, compkte, comply with and abide by esch and every the stipulationa, apaermenn, cw~ditions and covenants of said ~
promissory nots and of this Mongsge, ~hcn this Mortgage and the Estste hereby aested shsll cease snd be nuU and vo7d.
IT IS UNDERSTOOD that ihe word "Mortgagor" whether in the singular or plwsl snyvufiere in ihis Mortys~e, ihsll be si~yul~r if a+e only and ~
shall be plunl jointty and savnally if mwe thsn w~e, snd thst the wwd "their" as vsed snywhere in this Mwtgage shal) be take~ to mean "his;' "he?s;' '
or "its;' whereve? the contcxt so implies or adm~ts. Also, that wfiereva there is • reference in the covenants and agreemer,ts herein contained to ~ny of
fhe puties hereto, the isme thall be const~ued to mesn aa well ss the heirs, ley~l representatives, sutcesson snd auigra (either voluntsry by ~d of tMe
parties or inroluntary by opcration of the law) of the same and that the covenants herein cont~ined shall bind ~nd the benefits and advantages irwr~
ro the respective heirs, legal representatives, sutceuors and au~gns of the psrties hereto.
And ssid lNortgagors, fo? themsetvd and their hein, kgsl representativei, successors snd auiyns, hereby jointly and teverally covenant •nd ayree
ro snd wi~h the said MORTGAGEE, in i~xcessors and auigra:
1. To pay ~li and sirgutar the principat and inre~est and the variovs and wndry wms of money payaWe by virtue of ssid promissory note, s~d this
rnwtga9e, each and every, prompfly oe the days respectively the same sever~lly becorrw due. _
2. To pay •Il ~nd singular the tsxes, assessmenri, levies. liabilities, obligatian and axwnbr~nces of every nstur~ and kind ~ww on said desuibed ~
property, p tF~st hereafter may be impo~ed, wffe?eA, placed, tevied, or auessed rhereon, or that hereafter m~y be Ievied a iuessed upon tha Mort~-
age, or tM irxlebtedneu secured hereby. each and every, when due ~r?d paysble, accordirg to Isw, before they become delinqueM, and befwe my interest
attaches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL BE PROMPiIY SATISf1ED AND OIS~HARGED OF
RECORD AND THE ORIGINA! OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SA?ISfACT10N PAPER OffICIAtIY ENpORSED
OR CERTIFIED) SMAII BE PIACED IN THE HANDS Of SAID MORTGAGEf WITHIN TEN DAYS NEXT AfTER PAYMENi; a~d in the event that any thereof is not
paid, saY~fied and discharged sa:d MORTGAGEE may at any lime pay the same w any part thereof without wa'rvirg or affecting any option, (ien, equity w
~~aht under or by virtue of this mortgage and the full arrwunt of each and erery such psyment shall be immediately due and pay~ble ~nd shall bear intKest
~•om the date thereof ~ntil paid at rate of n~ne per centum per annum and toqtt~ w;th such interest shall be secured by Ihe lien o~ th:s morytaye.
_ . ~~204 P~~362
. ~ _ ~ ~ ~ ~F~~.