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HomeMy WebLinkAbout1855 Y / ~~~0 THIS INDENTURE, Mad~ thR 25th day of A~e~t , A.D. 19 .77 - betwta+ _ Johnnie Barry and Idell Ber~y,, his ~?ife , of St. I,l1C~A Cp~nty fbrida,, herai~ftri detig~at~d ia' tM "MORTGAGOR:' snd FIRST FEDERAL SAVINGS AND IOAN aS50CIATION Of FORT PIERCE, a cwporatwe org~nized a~d ~xittinp undN ~h~ I~ws oi tM Unihd St+~oi of Ame~ica and Mvinp in principal pl~ce of business i~ tFw City of fwt Piac~. St. Luci~ Counry. Plaida, hereinaftar dtsipnated ~s tM "MORiGAGEE:' WHERfAS tM MORIGAGOR is jwtly indebted to /M MORTGAGEE in th~ sum of = 6~~~~(~ , good ~nd lawful money of ~he United States ~dvanced by ths MORTGAGEE uNO tM MORTGAGOR, as evidanced by a cNt.in promiuwy note of even da~e herewitF, of wh~ch the fol(owin~ in wwds ~nd figures is a trw copy. to-wit: = 6~~0•~ ~ 8~3~ Wrt Pieres. Florida, AuQLLSt 25 ~ 19~~ Fw value received, 1, we or either of us, promise to p~y, wilhout def~lcation, to the o~der of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwf Pierce, Fbrida, the sum of S 6 0~•~ wilh interes? fran date at the rate of t~12°k pe? an~um, in monthly install- ments as follows: = 65•~ ~ ~ Sti ~y o{ Oetober ~9_L~ and a lika sum o~ the correspax~~np d+y of each month there- afrer until the whola be fully paid. Each installment fint shalt be applied in payment of tl+e inteiesl and fl~cn on thc uopaid bala~ce of the prindpal sum. If d ault is made in the payment of any instaltmeM when due, and auch defautt continues 30 dayt, then at the optnn of the holder, snd without ~ny other notice, all the remaining installments shall be dve and payable at oncl. Privi{ege is give~ to prepay this note in whole w in part at any time withouf penalty. Neither forebearante, nor acceptance by the holder tFK?eof affer any de(ault in any payments hrreon, shall be detimed e:tension. A late payment charge of S~.2K , ihall be added to each irutallment remaining unpaid 7 days afte? its d~e ~ate, and a like sum shall be added to each auch instaltment remaining ~npaid 7 days after each tucceeding payment date. Each make~, surety and endorur he~eof, jantly and tevenlly, waives demand, preuntment protest and notice of protesi fw nonpayment, and furthar agrees to any extension of lime of payrt~nt, either befwe w after maturity, without not;ce to any of us; a~d to pay all costs of collection, incl~?d~np a reasonable attwneys fee in the event of a~y default hereunder, and hereby severally waives all benefit of homestead and exemption under the constituliort and taws of eath State of the United States, as against this obligsfion w any ext~nsio~ or re~ewal hereof. Wit~ss the hand and sea! of exh party. s/ Johnnie Berrv cs~AU cs~Au s Idell Berry ~U c ~9 • ~ ) St.t. aev«~w csE/?y (S++~M-i+~wlW-ow-awliw~4.w~M}- NOW, THEREfORE, the MORTGAGOR for the p~?pose of secvrirg psyment of said wm of S 6~ ~0• ~ ~ ~nd the performance of ths covenanq and agreementi hereinafter expreased, and (w divers good and valuable consideaations, by ihese p?esents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, iri successws and ~uigns, all tMt certain bt, piece or parcel of Isnd, sitvate, lying, and beirg in the County of •~Cle and Stste of Fbrida, desuibed as fdlows: ~ The North 1t0 feet of Lots 5 and 6, Block 9, LINCOIN PARK ~'2 ~ as per plat the reof on file in Plat Bodc 3, Page !t, of the Public Records of St. Lucie Countp, Florida, ~ ~Yf~.>; - - STATE ~F FLORf.DA - ~ z QOCUMENTA ~~STAM_P TA X ~v ~ - A11628'72 ° - REC~IEI? j~ / IN PAY'~EHT OF Ti;XE:S ~ U = ~ ~ 9 ~ O~ ~ DUE ON CtA~"S 'C INTANGIBLE PERSO~uu i'RO~ERtY~ , N ~iT.OF tEMEpE PliRSIWrT TO ClLMTfR 72•134. ACiS Gf 2y/Z P.~~9o,u ~ Roc~ eo~riu^ cx~tic ciRCUtr oourtr. sr. ~ucr~ o~, rogethe~ with all and singular the tenarnents, hereditsments and appvrrances therevnto belagi~g w in ~nyw;sa sppertaining thereto, and ~II ~a?ri, issues, proceeds and prof~ts ~aruin9 and to acuve from ssid premises, all of which sre included bn the abov~ and fweyoiny d~scription and habendum. TO HAVE AND TO HOID the ~bow destribed ~nd ranted ~ g premius unto tFw ssid MORTGAGEE, in waessois ~nd usipns fwever. Md th~ said MORTGAGOR fw thA~ hein, executon, ~dminatraton and asigro, hereby coven~nn with the said MORTGAGEE, its wtte:sws and ssspm, ~hat t~~Y a~ I~wfully seized of t!r ~+id premias in fee le; that the same ue free, ck~r and discha simp rged irom ~11 lieru and srKVrrt brances in law w in equity, uid that t'h@y will ~nd t~~r lxin sMll wsrrant a~d deFend the titk to the aam~ to the said MORTGACaEE, irs succeuors and auiyns, fo~ever iysinst t!?~ I+wful claims and demands of all penau; PROVlDE~ AlWAYS that if the MORTGAGOR shsll pay unto the N10RTGAGEE the promissory note hereinbefore destribed +nd shatl trvly, promptly and fully perform, dischrrge, execufe, complete, comply with snd sbide by each and every the stipulatioru, a~reemenn, conditioro and cavenants of uid promissory note ~nd of this INortQaye, t?ien thu JMort9aye and the Eatate hereby veated sh~ll csaa~ a~d be n~ll snd wid. IT tS UNDERSTOOD that the word "Mo?tpsgor" whether in tl~ sinyvlsr a plwal anywhere in this Mortgaye, ahall b~ sinpul~r if one only ~nd shsll be plural iointly u+d severally if mor~ tMn one, and th~t the word "their" as used snywhere in this Mortpsge shsll be t~fcen to me~n "his,'••'hen;• or "its," wherever the context so impiies or admits. Also, that wherever thcre is a ~eference in tMe covenan» and ayreements he~ein tonta'u~ed to ~ny of the parties hereto, the ~ame shsll be cantrved to mea~ ~s well as the heirs, leyal r~presentativq, successon and assi9ro (~ither voluntary by act of tM parY~ w involuntary by operation of the law) of tF~e same and tFWt the covenanfs herein cont~ined shaN bind ard ths benefi» and advantapes inw~ ro tl~e res,~ectiw hc'us, leg~! representiYnes, succeisws and au~gro of the puti~s hereto. Md said Mo.tg~gon, for themselve~ and their hein, leyal representafives, soccessors and au'gns, hereby jointly ~nd sever~lly covenant and ~rk to ~nd with the s~id MORTGAGEE, ih successws a~d suiyns: 1. To pay all ard sirgvlar thc p~incipal ~nd interest and tF~e vsrian and :~~dry surtn of ma~ey payable by virtue of iaid promissory note, ard tbis mwtqaye, e+ch and every, prorr?ptly on tlw days respectively ihe same severally become dve. 2. To pay stl and sirr~~lar th~ taxes. ass~sunenb, kvie~. IisbiliY~es, obligations and encumbr~nces of every nature ~nd kind raw o~ said described prop~rty, w that he?eaher may b~ imposed, suffered. Pl~ccd, levied, o~ ~uessed thereon, a that heresfter may ba levied w usested vpon this Mort~. age, w t!w Mdebtedness secvred hereby each ard wsry, when due snd pay~bk, aaordirg to law. before they become delinquent, a+d bsfon u~y int~rest attaches a•ny penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAIL 8E PROMPTIY SAi15FIE~ AND DISCHARGEO OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTAfVCE, THE TAX RfCElPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEG OR CERTIFIED) SNALL dE PUCED IN 7HE HANDS Of SAIp MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any tF?ereof is not paid, sst'sfied ~r+d discharged said MORTGAGEE may ~t any time pay the same a any psrt thereof withovt weivir+y o~ affectir?g s~y optan, lien, eqviry or •ipht under w by virtue of this mortgayr and the ful! amouM of eich and every svch paymeM shalt be immediately due and psyabk and shall besr iMadt ~•om the date thereof vntil paid at rate oF ~ine per cent~m per ~nnum ar~ t~pe sxh ~ er II be sec~red by the lien of th:• moryfsye. l~Ooxl~C.VJ PACE~~c~ ~~.'~`~_.x ry ~ > > _ F - - ; ~ _ ~ ~ . _ _ ~ -