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HomeMy WebLinkAbout0605 ~ ' ~ 23'7685 THIS INDENTURE. Mad~ the Sth d~y of September , A.D. 19 T2 - betw~en . Ginev~a S Paulex of SL. ~.UClQ ~o~ynfy florid~, hereinaftN desi9nated ~s the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSpC1AT10N OF fORT PIERCE, a m~poration orpanized and existing undm the (~vw of tM United Stat~s of Amtrica and Mving its printipal pl~ce of business in tl~s City of Fort Piaca, St, lucie County, Florid+,~ hereinsfter despna~ed u tM "MORTGAGEf." t WHEREAS the MORTGAGOR is j~stiy indtbted to 1M MORTGAGEf in the sum of s 2a , 90~.00 , good and lawful money oi Ihe United S~ates advanced by the MORTGAGEE un~o the MORiGAGOR, as evidenced by a cenain promisswy note of even date herewith, of wh~ch the {ollowing in words and figures ii a frve topy, to-wit: = 24~900.00 r,~, 10 187~2 ' fort Pieres. Flaida. September ~q 72 i for vatue received, 1, we w either of us, prom~se to pay, wi~hout defalcation, ta the order of FIRST FEDERAI SAVINCa,T AND IOAN ASSOCIATION OF FORT PIERCE at fa1 Pierce, Flo~ida, the ium of s 24 a.90O with interest from date st the rate of 7• 5% p~x ann~m, in monthly install- ~„ents as tollows: S~~5• p~ 15t d~y aF January , ~9 73 and s like sum on the cwresponding day of each month there- airer until the whote be fully paid. Each installment first shall be app~ied in payment of ths interest and then on the unpaid balance of 1he principal sum. If d suh is made in the Fayment of any instaUment when due, and such default continues 30 days, then a1 the opti~n of the holder, and without any other notice, all the remaining ;nsiallments shall be due and payable at once. P~ivile~e is given to prepay this note in wlwle ot in part at any time without penalty. Pleither forebearance,' ~ no. acceptance by the holder thereof afte~ any defauh in any payments hereon, thail be deemed exteasion. A lats paymtnt clwrge of = 9• 25 shall be added to each instaltment remaining ~npa;d 7 days afler its due date, ar.d a like sum shall be added to each such installment remaining unpaid 7 days after each sucteeding payment date. Eath maker, surety and endorser hereof, joinlly and teve~ally, waives demand, p?esentment protest and notice of protest for nortpayment, and further g agrees to any eztension of time of payment, either before w after maturity, without notice to any of us; and to pay aIl cosis of tollection, including a ! reasonable attwney's fee in the event of any defau~t hereunder, and hereby severa~ly waives all benefit of homestead and ezemption u~der the conflitutan and laws of each State of ~he United States, as against this ob?igatioa or any extension or rereewal hereof. Witness the hand and seal of each party_ s/ Ginevra S. Paulg~ cs~au (s~?U (5~?U (s~U ~ $37.35 ~ state Revenve p rsr~s ~ar~l~o ~rsgl aat ~ NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of S 24 ~ g~ . and the perfwmance of the covenants snd agreements hereinafter expressed, and for dive?s good ~nd vatueble conside.ations, by theu presents, dxs grant, bargain, sell, remise, retease, convey and confi~m unto 1he MORTGAGEE, its successori and assigns, ell that certain lot, piece w parcel of land, situate, lying, and being in the County of St. Lucie and Stste of florida, dewibed ss folbws: ~ ~ ; Lot 1, Block 6, THUhtB POI~T, as per plat thereof on file in Plat Book 10, ° page ~9, of the Public Records of St. Lucie County, Florida. ~ : _ . N S~'AT oF ~LORlDA~ DQCUMENTARY S~AMP tA X! - °c+ `O tiEPT.OF 1tE1fENtlE ~ ~ s ' ~ o _ *R s~r •rn ~n ~ ~ ~ ~3~35j o =nat ~ ; ~~R~ ~ i PUR~~ ~ ~1~E IEIP~IK p~~T~ ~MA!'iER 71•~~ s Ra OF t~ll, ` f ; ' pACIR~ q~ri sT. ~rt ~ ~ ~ ~ ~ s i ~ f ~ ! rogether with all and singular the tenements, hcreditamenb and spp~xtances thereunfo belonging or i~ ~nywise ippertainirg fhe?eto, and ~U renri, iuues, j proceeds ~nd profin acuuing and to acaue from asid premises, all of wFi~ch sre included in the above and foreyoing dewiptan and habendum. ~ i r TO HAVE AND TO HOID the above desuibed and gra~ted p?emises unto the taid MbRTGAGEE, iri s~cctKton ~nd suiyns forever. And tlw s~id 1~10RTGAGOR fw he r ~;~s, e:ecutors, admi~istrators •nd assigns, txreby cover+ants with the s+id MORTGAGEE, its suttesso?s and ~ssiyro, j r?,ar - s he 1 S _ ~awfully seized of the said premises in fee s'unple; that the s~me ue free, clear and discharged from aIl liens and encum~ ~ brances in Isw w in equity, and that She w;ll and heZ hein shal~ warrant end defend the titte to fhe sar?w to tl?~ ~aid MORTGAGFE, its successors and sssigns, iwever sgainst the Iawful claims and demands of al) perw~s; PROVIDED, ALWAYS that if tF~s MORTGAGOR shal! pay unto tFro MORTGAGEE the promissory note herei~before described and sMll truly, prompNy and fully periwm, discharge, execute, complete, comply with and abide by each snd every the ttipulations, s~reements, ca?diYant snd covensi?n of said promiawry note ~nd of this Mortgage, then this Mortgage and the Estate hereby aeated sha!! cease and bs null and void. ' IT IS UNDERSTOOD tM~ the wwd "Mwtgagw" wlxther in the singular a plunl ~nywhere in this Mwtgsye, sF?all be ~inyul~r if one only and ~ shall be plural jointly and severally if more tMn one, and that the wo~d '9heir" ai used anywhere in this Mort9agt shall be t~ken to mean "his;' "hen," or "ib;' wherever the context w implies w admits. Also, that wherever there is • refe~ence in the covenanb and agreeme~t~ F~erein cont~ined to sny of rhe psrties FxrNO, the ssme sF~ell be constrved to me~n ss well a: the heirs, ley~l representativef, successon and usipns (either voluM~ry by ~ct of th~ ~ parties w ir?volu~tary by operation of the law) of the same and that the covensnts herein co~tsined shall bind and the be~+efits and ~dvantayet inur~ to the respective heirs, kgal rep?exntatives, successors and sa~gns of the panies he?eto. ` Md said Nlortg~gor:, fo. themselves arx! thei? heirs, leg~l reprexntatives, succesion ~nd auigns, hcreby jointly and severally covenant ~nd s~ree ! ro a~d with the faid MORTGAGEE, its s~ccessors and auigns: 4 1. To pay all and iingular tFx principal and imerest and the verious and sundry wms of money payabk by vinue of ssid promiisory nofe, ~~d this mortgaye, eacF~ and every, promprly on the days respectively the same severally become due. ~ 2. To pay ~11 and sirgular the taxes, asiessmenri, levies, lisbilit~es, oblgstions and encumbnncd of every n~wre and kiod now on said des~:i.ed ~ property, or tMt heresfte~ may be imposed, suffered, placed, (evied, or suessed thaeon, w that hereafter may be kvied a aisesscd upon this Morfp- - E age, w tM indebtedneu secured hereby, e+ch and every, when due and payable, xco?dirg to law, before ihey become delinquent, ~nd bsfore ~ny interest i atraches or sny penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMpTLY SATISFIEO AND DISCHARGED Of i RECORO AND THE ORIGINAL OffIC1At DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEtPT OR THE SA1i$fACTION PAPfR OFFICIAl1Y ENDORSED r i OR CERi1fIED) SHALI BE PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that sny thereof is twt { ~ paid, sat sfied ~nd discharged sa:d MORTGAGEE may at any time pay the same w any part thereof witho~t waiving or iffecting sny option, lien, equity or ~ i ~~qht ur+der or by virtue of this mortgage and the fuil amount of each and every seuh payment shall be immediately due and payabk and shall bear interes~ ~rom ehe date thereof until paid at rate of nine per centum per annum and ~ogEth ~t suth interest shall be secured by the lien of th:s morgtsye, ~ ~oo~ Y~~,~ 604 ~ ~ W - - - - _ r _ _ _ -