HomeMy WebLinkAbout0313 . 2352U2
THIS INDENTURE. Msde the 10th day of AUQUSL A.D. !9 72 between
Emma Lee Miller, a single adult
of $t . 1-uC ie- County Fluida, here~na(ter dcsignated as th! "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpwat;on wgani:cd and existing under the laws of the United 5?at4s of America and Mving iri principal place of
bus~ness in the City of Fort Pierce, St: lucie Cou~ty, Florida, hereinaiter des~gnsted ai the "MORTGAGEE:'
S O0 , oud and lawful mo~e of the U,::ted
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of 5-~- 9 Y i
S+ates advanced by the MORTGAGEE uneo the MORIGAGOR, as evidencrd by a cena~n promisswy note of even date herew~th, o( which the iollowing in ;
words and figures is a trua copy, to-wit: a
s5.000.00 • ~ 3-18,~657' ~
Fwt Pierce, Florida, AUqL15L 10, _~q 72 '
" For value received, 1, we w either of us, promise to pay, wiihout defalcarion, to the order of FIRST iEDERAI SAVINGS AND IOAN ASS~CIATIGN OF
FORT PIERCE at Forf Pierce, Florida, the sum of S 5~ 000• w;th interest from date at Ihe rate of 7• 7~ pe~ annum, in monihly install•
~nents as fol!ows: S 61 . DO - on the 1SL day of ~tober 19_72 aod a like sum on the correspo~d~ng day of each momh therr
after until the whole be fully paid.
Each installment firot shall be applied in payment of the intereat and then on the unpaid batance of the prinupal sum. If d aulf is made in the
, F;ayment of any installment when due, arxl such defa~lt c~ntinues 30 days, then at the option of ~he holde~, and without any other notice, all the remainir+g
~nstallments shall be due and payable at once. Privitege is given to prepay this ~ote in whote or in part at any t~me without penalty. Neither iwebearar.ce,
~ nor acceptance by 1he holde~r thereof afur any default in any paymenls hereon, shall be deemed extension. A late paymeM charge of j
3•
O5 , shall be
added to each installment remaining unpa;d 7 days after its due date, and s like sum shall be addrd to each such installment remaining unpaid 7 days after
each sutceeding paYment date. i
Each maker, surety and endorser hereof, joinlly and severaily, waives drmand, prese~tment protest and notice of protest {or nonpayment, and funher
~ agrees to any extension of time of payment, either betore or after maturity, without not;ce to any of us; and to pay all costs of collection, includ+rg a
` :~~asonable attorney's fee in the event of any default hereunder, and hereby severally wai~es all benefit ol homestead and exemption u~der the constituta~
a~~d laws of each State of the United States, as against this ob~igation w any extension a renewal hereof.
Witness the hand a~d seal of each pa?tY.
s/ Emma Le e M i l le r ~nt~
~ ~ a single adult (SEAI)
(SEAU
(SEAII
~ $7.50 ) State Revenue
ts"°y~t~°'odl`b°°~m~p°,ta~3 S 000.00
NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of = ~ and the performsrxe of ths
covenants and agreem_nts hereinafter e:pressed, and for divers good and valuable considerations, by theu presents, does g~ant, bargain, sell, remise,
reiease, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all that certain lot, piece w parcel of land, situate, lying, and being in~the
County of St . LLtCie and State of Florida, described +s follows:
Lot 20 and the South ~g of I.ot 21, PAUNETTO PARK SUBDIVISION, as per plat
thereof on file in Plat Book 4, page 64 of the public Records of St.
Lucie County, Florida,
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rogether w~th all and singular the te~ements, hereditsments ~nd sppurbnces thereunto belonging or in anywise appertsining therero, +nd sU rents, issues,
proceeds and profits accruing and to accrue from said prem7ses, all of which are ir+cluded i~ the sbove and fweyoirg deuriptan snd h+bendwo•
TO HAVE ANO TO HOLD the above descr~bed and granted premises unto the said IVIORTGAGEE, its successws snd assegns forever. Md the said
~ MORTGAGOR fw - her he~?s, executors, administrato~s and assigns, hereby cwenants with the s~id MORTGAGEE, its successas and ~uiyns,
that -~--1~---- ~awfully se~zed of the said premises in fee simple; tMt the same are fres, cks~ and dixM~ged from all liero u~d encvrt~
brances in law or in equity, and that ShQ r,,;~~ a~ f1eZ heirs shall wacra~t ~nd defend the title to the isme to the said
MORTGAGEE, its svccessors and ass~gns, forever against the lawful claims and demands of all persons;
~ PROVtDED, ALWAYS that if the MORIGAGOR shall pay unto the MORTGAGEE the prom~sswy note hereinbefore dewibed u+d ~ha~~ truly, promptly
~ and fully perform, d~scharge, execute, complete, comply with and +b~de by each and every thr stipulations, sgreements, conditiom snd covenants of uid
~ promissory note and of this Mortgage, then this Nbrtgage and the Estate hereby cre+ted shall cease and be null and vo~d.
~ IT IS UNDERSTOOD that tF~e wwd "Mortgagor" whether in tFx s~~+gular w plu~al snywhere in this Mwtgage, shall be tirgul~r if one only ~nd
~ shall be plural jointly and severally if more than one, snd that the wwd "their" as vud anyvrhere in this Mottgsge shsll be t~ken to mesn "his;' "hers;'
~ o~ "its;' wherever the conteat w implies or admits. Also, that wherever there is • reference in the covenants and agreements herein conuined to any of
~ the psrties hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successas and assigns (either votunt~ry by sd of the
panies w involuntary by operation of the Isw) of the same and that the covenants herein contained shall bind and the benefits and advaMages inure
~ ro the respective heirs, legal representatives, succcuors and ass~gns of the parties hereto.
~ And said Mortgagors, fa themselves and their heirs, legal representatives, iuccessws and assigns, hereby jointly and severally covenant and ayree
w snd with the said MORTGAGEE, its successors and assigns:
~ 1. To pay all and singular t1x principal and interest and the variovs and sundry sums of money payable by virtue of said p~omissory note, ~nd this
~ mwtgage, esch ~nd every, promptly on the days respectively the same xver~{ly become due.
2. To pay ~11 and singvlai the taxes, asussments, levies, lisbilitees, obligations a~~d encumbr+nces of every r?ature and kind ~aw on taid described
~ property, or that hereafter may be imposed, suffered, plxed, levied, w+ssessed thereon, a that hereafter may be levied a+ssessed upon this Mwt¢
age, w the indebtedness secured hereby, exh and every, when due and psyable, according to I~w, befwe they become delinqveM, and befwe any interest
~ atraches or any penalty is incurred; AN~ INSOFAR AS ANY 1NEREOf IS OF RKORD TNE SAME SHALL BE PROMPTLY $ATISf1ED AND OISCHARGED Of
RECORD AND THE ORIGIhAI OFfIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OiFICIAIIY ENDORSED
OR CERTIfIEO) SHAII BE PIACED IN THE HANDS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
~ paid, sat"s(ied and discharged sa'd MORTGAGEE may at any t~me pay the same a any part thereof without waiving or af(ecting any option, lien, equity or
;i •~qht under w by virtue of this mortgage and the full amount of eath and every such payment shall be immediately due and payable and shall bear interes~
~•om the date thereof ~ntil pa~d at rate oi n~ne per cen~um per anoum and loget r Merest sha bt ~cured by the lien of th"s mwytage.
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