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HomeMy WebLinkAbout1928 236381~~ ~ THIS INDENTURE, IYtad~ tAe 28th day of Au9uSt . A.D. 19 72 between John L. Pratt and Louise Pratt, his pife ~ of St • Luc ie ~p~~ty flwid+, I+ereinafter desynated ss the "MARTGAGOR;' and fIRSI FEDERAL SAViNGS AND IJAN ASSOCIATION OF FORT PIERCE, a mrporalio~ ory~nized and exiuing unda the laws of the Un~ted Staros of America and having ib principal plscs of buiiness i~ fhs City of Fa~ P;erce, St. l~cie Cou~ty, flaida, hereinafter deiignated ss ihe "MORiGAGEE:' WHEREAS tM MORTGAGOR is ~ustly indebted to 1Fa MORTGAGEE in the sum of I 6~7~•~ good and lawiul money ot the Un~ted States advanced by the MORTGAGEE v~to the MORiGAGOR, as evidenced by a certa~n promissory note ot evcv~ da~e he?ew~tb, of wh~ch the following in words and figu~ta is a true copy, towit; s 6, 700 .00 - 100I 87 36 ~ Fo~t Pierce, ftwids, auguSt 28s ~q 72 ~ fw value received, 1, we w eithe~ of us, promise to pay, without defalcation, to the order of F~RST fEDERA~ SAVINGSS~ AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Florida, ~he sum of S 6~ 7~ w~th interest (rom date a~ the rate of 7~ 7-96 per annum, in monthly instalt- ~nents as follows: _ on the 1St day of ~tober ~q_72 and a like sum on the correspo~d~ng day of each month there- afrer vntil ~ho whole be fully paid. Each initallmenf fitst shal) be applied in paymenf o1 the interest and the~ on the unpaid balante of the print~pal sum. If d ault is made in the F~ayment of any inslallment when due, and such default continues 30 days, the~ at the option of 1he holder, and w~thout any other notice, afl the remaining :nstatiments sAail be due and payabfe at once. Paivilege is given to prepay lhis note in whole or in part at any t~me without pe~alty. Neither forebearance, nor scceptance by fhe hotder thereof after any defauh in any payments hereon, shall be deemed extens~on. A tate payment charge of S-~c-a-~._, shall be added to eac1+ insfallment remaining vnpa~d 7 days after its due date, and a fike sum shall be added to each suth installment remaining unpaid 7 days after each sucteeding payrte~nt date. Each maker, surety and endaser heaeoi, jointly and severalfy, wa~ves demand, presentment protest end notice of protes~ for nonpayment, and further agrees to any exte~sion of t~me of payment, e~ther before w after matur~ty, w~~hout not~ce to any of us; and to pay all costs of collea~an, includ:ng a rrasonable attorney's fee in the event of any default hereunder, and hereby severally waives afl benefit of homestead and exe.mption under the co~+stitution and laws of each State of the United States, as against this obligatio~ a any eatension or renewal hereof. Witness the hand and seal of each pa?ty. S/John L. Pratt ~wu ~seat) S/Louise Pratt ~i~ ~ 10.05 t state Revenue ~~1~ 6 700.00 NOW, 7HEREFORE, the MORTGAGOR fot the purpose of securing payment of said sum of S ~ and the pe~formance of the cov~naMS and agreements hereinafter expressed, and for divers good a~+d vsluable considerations, by these presents, does grant, bargain, sell, remise, release, co~vey and confirm unto the MORTGAGEE, its tucce:sors and auigns, all that cenain lot, piece or parcel of Iand, situate, lying, and being in the County of St. Lueie and State of Fbrida, dexribed as follows: Lot 20~ Block 5, SOLTrt~RN PII~S SUBDIVISION, as per plat i thereof on file in Plat Book 9~ page 68~ of the public records of St. Lucie County, Florida.? W} STAT p~ S~ P~ fT A v ~ DOCUMENTAd~,,,,~a~ - ~a RECEiM'ED ~ - IM PAYb1ENT OF 7AXES ~ ~ = A1tG2~'?2 : _ C F - a _ y;~ _a ' O O J~ DUE ON CIASS 'C' IlITANGIBLE PE~SONAL PROPEIifY, ~ N ~ u[?T.ot c[rcc'~E ` PURSIIq!(i TO CHAPTER 71-13~. A~CiS OF 19)1. / .,w' ~ ROGER POITRAS ~ rl. pB.~eoi~z CIf~K CIRqI~T COURT~ Sf. LI1~IE C0~ FlA 0 rogether with alt and singular the fenements, hereditamenb snd appurtsnces tFKreuMO betonging or ia anywise sppertaining fhtreto, and all rents, iuues, proceeds snd profits acuuing snd to sccrue from said premises, all of which are inclvded in the above and foregoing destription and Mb~ndum. TO HAVE AND TO HOtQ the above desuibed and grsnted premises unto the said MORTGAGEE, its successors and assigns fwever. Md th~ s~id their h50RTGACaOR for heirs, execvtors, administrators and auigns, hereby covenanrs with the said MORiGAGEE, ih successon and aasiqns, ihat th~ are ~awfutl seized of the said Y prcmises in fee simple: that the same are lree, dear and dixharged from sll liens and enc~m- brances in law or in eq~ity, and tl:at t}1EjL a~ their heirs shall warrant arx! defend the titla to the same to ths s~id MORTGAGEE, its successors snd assigns, torever against the Iswful clsims and demands of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefwe described and sh~ll truly, promptly and fully perform, diuharge, execute, compkte, tompty with and ab~de by each and every the stipulation~, agreements, conditiw» ~nd twensnb of iaid : promisiory note •nd of this Mortgage, then this Mortgage and the Estate hereby ueated shall cease and be null ~nd wid. ~ IT IS UNDERSTOOp th~t the word "Mortgsgw" whether in the singular a plural sny.:here in this Morfgage, ahall be singular if one only and ; shall be plural jointly ~nd severally if more tMn one, and that the wwd "their° as used snywhere in th~s Mortgage shalt be taken to mean "hi~;' "Ixn," ~ o~ "its;' w}~erever tF~e context :o implies or admits. Also, that wherever there is a reference in the covenann and agreements herein contained to any of ' rhe parties hereto, the same shall be construed to me~n as well as the heirs, legal reprexntatives, successon and assigns (either voiunt~ry by ~ct of fhe ptrtie3 w involuntary by operation of the law) of t1~e same and thar the covenants herein conta;ned shall bind and the benefiq and sdvantages irwrt ~ to the respective heirs, (egal represeotatives, sucussors and ass°gns of the parties hereto. ~ And ssid Mwtgsgors, fw themselves and their hein, legal representstives, successors and assigns, hereby joently and severally covenant and agree S io and with the said MORiGAGEE, its successors and assgns: 1. To pay ell and tingut~r the principal and interest and ti~e va~ious and sund?y sums of money payable by virtue of said promissory note, and this mortga9e, esch ~nd every, promptly on the dsys respectively the same severally becort~e due. To pay all ~nd singvlar tlx uxes, a~ussments, levies. Iiabili~ies, obligations and encumbrances of every nature snd kind now on said desuibed property, or that F~eresfter may be imposed, suffered, pl~ced, levied, or astessed tF~ereon, oi tF~at hcreafter may be levied a uxssed upon this Morty- age. or the indebtedness ~ecured hereby, euh ~nd every, wi+en due ~nd psyable. acco~ding to law, before they become delinqutM, and before any interest atraches w any pe~alty is incurred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD THE SAME SHAII 8E PROMPiLY SATISf1E0 RND OISCHARGEO OF RECORD AMD THE ORIGltVAI OFFICIAL QOCUMFNi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERIIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ano in the event that any thereof is not pa~d, sat'sfied and dixharged sa:d MORTGAGEE may at any Iime pay the same or any part thereof without waivinq w alfetting any option, lien, tquity a ~~qht under a by virtue of t1~is mortgage and the full amo~nt of each and every such payment shall be immcdiately d~e and payable and shall bear inte?pt ~.om the date thereof ~ntil paid at rate of n~ne per centum per annum and togerher w~+h ~c~ i t 11 be the lie~ of th:s morgtage. eocx2~~Ya~E~`~~ ~ 4 + ~i'a~"` s``" X""',~y`,d~'~ . . . ~ h~. `t :S'Xi~'`i~~". ~..3'Mti1~~