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Home My WebLink About1924 ~ ;~363'79 ~ THIS INDENTURE, Mad~ the 21 st' day of ' Au +~U3t A.D. 19~~- between Dot~glas J. Cru~chfield and L lli~n ,j~ Crutchf~e~, hi 4 vi t'e - i of - St• ~C~@ , Cp~nty flw~da, here~~afta designated as tl+e "MORTGAGOR:' anJ FIRST FEUERAL SAVINGS AND IOAN A55p~lATiON OF fORT PIERGE, a corpaation orgartizcd and existing under the laws o/ ihe U~ited S~at~s of America and having its principal place of busineu in fhe City of Fort Pieres, S~. lucie County, Florida, he~einaiter deaignaud ai ~hs "MORTGAGEE:' WNEREAS.ihe MORiGAGOR is justly indebted to the MORTGAGEE ie the sum of S 26r~~~ , good and lawful money of the Un~ted States advanccd by the lAORTGAGEE unfo tF~e MORiGAGOR, as evidenced by a certain promiuory oote of eve~ da?e herewith, of wh~ch the to!lowing in words and figu~es is a t~w topY. to-wit: ~~~96 s 26,500.00 Fo?f Pierce. Florida. All~ll$t? 21 19~ Fw value received, 1, we w eithe~ of us, prom~se Lto pay, wi~hout defalcation, ~o ~he order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at fort Pierce, Flwida, the sum of s 2S~s,~~•~ with inte~es~ from date af the rate of7~°o per a~num, in monthly install- ments as foltows: = 2~ B.~ on Ihe day of ~t~ber 19_~ aod a like sum on the cwrespwtid~ng day of each month there- afrer until the whole be fuNy paed. Each instsllment first sh~ll be applied in payment of the interest and then on the unpaid balance of the princ;pal sum. If d ault is made in the Hay~nent of any installme~t when due, and such default contin~es 30 days, then at the opti~n of the holder, and without any other notice, al! the remaining ~~~sral(ments shail be due and parable ar once. P.i~ilege is g;ve+? to prepay this rate in whole w in part at any t~me without penalty. Neitlxr iwebearance, nor acceptancr by the holda fhereof after any, default in any payments he?eon, shall be deemed eatension. A late payment charge of S sfiall be added to each installment remaining u~paid 7 days after its due date, and a like sum shall be added ?o each such installment remaining unpaid 7 days afte~ each succeeding payment date. Each maker, surery and endorser hereof, jo;~:tty and severally, wa~ves demand, presentment protest and notice of protest fw nonpayment, and further agreea to any extension of time of payment, either before or after maturity, without nol~ce to any of us; and to pay all costs of collxtion, includ~ng a reasonable attorney's fee in the event of any defautt hereu~der, and hereby severally waives atl benefit of homestead and axemptio~ under the constitut'an and laws of each State of the United States, as against this obligation or any extension a renewal hereof. Witness the hand and seal of each party. 3 DOII 3 J. ~ ~ (SEAL) cseaiy s (SEAL) ~ $39 • 75 a State Revenue «l~ (~l?~-..w.eil.~i-~.~.«7,:w.l.w.~.) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of j 2b,5oo~~ , and the perfwma~ce of ths covenants and agreements hereinafter expreued, and for divers good and valuable tonsiderations, by theu presents, does grant, baryain, setl, remise, r~lease, convey and tonfirm unto the MORTGAGEE, its successors and auigns, all thst ctrtain lot, piece or parcel of land, situate, lying, and being in the Counry of ~Ci@ and State of Fbrida, described as follows: Lots 53 a~d PARK~nTAY PLACE SUBDIVISION, as per plat thereof on file in Plat Book !t, Page 7, of the Public - N,ecords of St. Iucie County, Florida ~ STATE~FFLORIL~A ~ u` ~ DOCUNfEVTAp" STi~~P TAX ' 2 _,yrsanp~~ ' _ ~ = AUG29'7t ? . - F' U = s ; 3 9 7 5= RlCEJMiEO IN PAYMENT ~ TAXES b OEii,Oi CETfKDE ' _ P8. ~Ya112 w~•"°~ _ DIJE Oh CIASS 'C' {NTAPIGIBLE PERSJ+iAI P~OPER(Y. pURS1Wlt TO CFtAPiER 71-134. ACis OF 191~~~ ROGER POIiR1lS pEW( WR~U(i COURT, Si. LUCIE W, fUl rogether w~th all and singular thr tenements, hereditaments and sppurtances tFMreunt~ belonging a in anywise appertsini~g thereto, and ~II renb, iuues, proceeds and profits accruing and to actrue from said premises, all of which ere intluded in the ~bove and foregang dexription ~nd Msberxl~m. TO HAVE AND TO HOID tF~e ~bove described and grsnted premises unto tFx ssid MORiGAGEE, its iuccessws and sas+gns forevei. Md tM said MORTGAGOR ia ~e1r heirs, executor:, adm~nistrators and sssigns, hereby covena~r~ with the said MORTGAGEE, iri successws ~nd asiiyns, ~hat t!h~ a~ Iaw(u11y seized of the said premises in fee aimplr, that tF~e aame ue free, dear and diuharged from all lier?~ and encum~ brances in lew or in eqvity, and rhat ~Qp will and their heirs ~hall warr~nt s~ defend the title to the s+me to the s~id ~+~ORTGAGEE, its succeuors and assigns, fo~ever against the lawful claims and demands of all perso~s; PROVIDED, ALWAY3 thst if the MORTGAGOR shall pay uMO the MORTGAGEE the promisioty note hereinbefore dexribed and sha11 truty, promptty and fully perform, dtxharge, execute, comptete, compty with and abide by esch snd every the stipulstions, agreements, conditian a~d covenants of said promissory note ~nd of this Mwtgsge, then this Mortgsge and the Estate hereby cre~ted shall cease and be null and void_ IT IS UNOERS?OOD that the wwd "Mortgsgw" whdher in the singular w plural snywhere in this Matgage, shsll be singular if one only and shall be plur~) jointly and severally if more than orx, and that the word "thcir" as used anywhe?e in ih;s Mo?tgage sF?sll be taken to mean "his;' "hen," ~ or "its;' whcre~er the co~text so implies a sdmits. Also, that wherever there is s refercnte in the covenants snd agreementt herein contsined to any of the partie~ hereto, the same shall be construed to mean as well as the heirs, legsl representatives, successors and sssigns (either voluntary by ~ct of tht parties or inrolunrary by opcration of tF~e law) of tF~e same and that the covenants herein contained shall bind and the bcnefits and advantages inure ro the respective hein, legal representatives, successors and ass~gns of the panies hereto_ Md said Nbrtgsgors, for themselvea and their hein, legal representatives, successws ar+d assigns, hereby jointly and severatly covens~f ~nd ~gree ro and with the said MORTGAGEf, its successa~ and assigru: 1. To pay all and ~inQula~ the principa! and infcrest and the wrious and sundry sums of money payable by virtve of said promisswy note, sod this mortg~ge, each and every, promptly o~ ihe days respectively the same severally be~ome due. 2. To psy all and singular the taxes, asu~unents, levies, liabilities, obligations and encumbrances of every nature and E;nd now on said described p~operty, or that hereafte~ may be imposed, wffered, plued, levied, o~ auessed thereon, a 1F~at hereafter may be levied or aasessed vpo~ this Mort¢ age, w tM indebtedneu ucured hereby, each snd every, when due and payable, ~ccordin~ to Isw, before they become delir?quent, u+d before ~rryr iMeres~ atraches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SA/.1E SHAtI 8E PROJNPitY SA~ISi1E~ AND D15CHARGED OF RECORD AND THE ORIGINAt OFFICIAL DOCUMENT (SUGH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the event thaf sny thereof is not pa~d, sarb(ied and diuharged sa'd MORTGAGfE may at any t;me pay rhe same a any part tbereof without waiving or affecting any option, lien, equity or •~~ht under o? by virt~e of this mortgsge and the full amount of each and eve~y such payment shall be immediately dve snd payable and shall bear intereat <<om the date thereof until paid at rate of n~ne per tentum per annum ~nd together w~ih such interrs~slRll~~ed bY je~~th:s mwytaQe. ~~~K .?v i'ACFZ ~ ~ - ~ _ = _ ~