Loading...
HomeMy WebLinkAbout1416 23~301 _ THIS IkDENTURE, IIMd~ the 15th day of i Septe~tiei ~ , A.D. 19 ~2 between _ Winifred Mcaaniel, a sinale adult of $t . WCle Co~n1y F!orida, hereinafter designated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, • corpaation ory~ni:ed and existin9 unde~ tM taws of the United Sf~tas of AmKic~ ~nd h~vir?g iti p~incepal placs of businrss ~n tA~ City of Fon Pie.cs, St. Lvcie tounty, Florid~, Mre'~naf~er dagiu~~d ~s tM "MORTGAGEE " ~ WHEREAS ths MORTGAGOR a'usti ~ndebted to ths MORTGAGEE in the sum of = 7 f 3~0. ~0 i y' , good a~d lawfut money of the United Srates advanced by the MORTGAGEE ~nto the MORTGAGOR, a~ evidenced by ~ ce~tain promiuory not~ of eve~ dat~ h~r~witb, of wh~ch ths followirp in wordt and (igures is a trw copy, tawit: f7,300.00 ~,y~ 1001882~ Fwt Pierce. Flwida. SePtember 15 _~,19.~c_ j Fa value received, 1, we w either of us, promise to pay, without defalcatio~, to the order of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION Of FORT PIERCE af Fwt Pierce, Fb~ida, the sum of = 7~ 30~. Q(J. with in~erest from date at the rate of 7! 7~'3'o pe? annum, in mon?hly instaN. ~.,ems as follows: j 6O• on the ~3~ day of November , 191~_ and a like sum on the correspond~rg day oE ~ach month thcrr ~ after until the whole be fully paid. j fach ins?allment fi~st shall be applied in payment of the interest and then on the ~npaid baisnce of the pr~ntipal sum. tf d ault i~ madt in fhs ° ~;ayment of any installment when due, and such defauh continues 30 days, then at the opti~n of the holrle?, and w~thou~ a~y other ~ot~ce, atl tin remai~ing ~nsrallment~ shail be due and payabte at once. Privilege is giren to prepay this rwte in whole or in part at any time withouf penalry. Neithe? forebtar~nce, nor acteptance by the holder theaeof after any defavl! in any paymentt hereon, shall be deemed extension. A late payment tharge of s 3•~ ah~ll b~ added to eath installment remaini~g 4npaid 7 days afttr its due date, and a tike sum shall be added to each such installment remaini~g unpaid 7 days after each s~cceeding payrrKm date. 9 Each maRer, su?ety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of p?otest fw nonpayment, and further # agrees to any extensan of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collectron, includ~ng a reasonable attwney's fee in the event oF any default he~eundrr, and hereby severa~ty waivcs all benefit of homestead and exemption under Ihe tonstitution a~~d laws of each Srate of the United States, as against this obligation p sny eatena~on or renewal hereof. ~ Witness the hand and seal of each party. s/ Winifred McDaniel (seaU ts~?t) (SEAI) ( +Sl 9 S ) State Revenue ~U (3ampp~sdke~ ater'q'm+! ~a~ NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of said sum of S 7}300.00 a~d tha performance of the covensnts and agreeme~rs hereinafte? expressed, and fa divers good and valuable ca+sidentions, by tF~ese presents, does grant, bargain, selt, remise, releax, convey ~nd confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or ps~ce! of land, situate, lying, and being in the County of $t .~.i1Cle and State of Fbrida, described as follows: Beginning at the~Northeast corner of the SW~ of the SB~ of Section 19, Township 35 South, Range 40 East, run 540 feet West to a point; thence ~425 feet South to a point of beginning; thence run W¢st 120 feet, thence run South 75 feet, thence run East 120 feet, thence run North 75 feet to the point of beginning,~/ ~ oF ~LcC~RpIDA ~ ~ N ~ ~..~wh 7T~Mr r DO~ M£ A"~-` • Q Of 7l1XES a~ ° QEP1.~~NUE .!r i t~ - l IN PAYMf1~ ' ~ - ~ ~ 1 Q 9~ ~~~~o s~~ pE~S~~~U. P~~n~ ~ ~r " ' atf 1'~~t ~ ~ , ~ ~ ° = ilo2 • ~i ~ ~pp6E ER pp1~tR.J?s~s , ~ ~ ° • U1C~E 00, ~ . . . Clitl'~11Ii CO~~' s ~ I ~ 3 i ~ ~ together with all and sirgvlar the tenements, /xredifamenti ~nd appurtsnces thereumo belagirg a i~ ~nywise ~ppertaining the+eM and all rents, iuues, ; proceeds and profits xuuing and to accrue from asid premises, all of which are included in the above and forayoinp deuription and habendum. TO HAVE AND TO HOID the above described and granted premisea unto the said MORTGAGEE, its successon ~od sag~s faever. Md th~ said MORTGAGOR for hE''= - heirs, executors, administraton and asaigns, hereby covensnb with the said MORTGAGEE, i» wtcesson ~nd issi~ra, that - S he i 5 _ lawfully ieized of the s+id premises in fee simple; th~t fhe ame are fr~e, deai aod disch+rged from ~I~ liens and entvar brances in law w in equity, and thst She will and her hein shall w~rrant ~nd defend tFa title to the same to ths s+id MORTGAGEE, its succeuors and assigns, fotever against the lawfvl claims and demands of alt persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall psy unto tFx MORTGAGEE the promiswry note hereinbefore dewibed and shall fruly, promptly and fully perform, discharge, execute, complete, comply with and sbide by each and every the stipulafioaa, agieemen», conditions and covena~n of said prom;uory note and of ~his Mortgage, then this Mwtgage and the Estste hereby created shall ce+se snd be null and wid. IT IS UNDERSTOOp that the wwd "Mortgsgor" whether in the singular w plunl snywhere in th+s Mwtgsge, thall be singular if one only and ihall be plural jointly and severally if more than one, and that the wwd "tF~eir" as used snywhere in this Mwtyeye shal! be taken to mesn "Mis;' "hen," w"its," whereve? the context w implies w admits. Also, that wherever there is a reference in rhe covens~n ~nd sgreemenn here~n com.ined to •ny of the parties hereto, the tsme shall be construed to mean ss well ss the heirs, Iegal re{xesentatives, successors a~d assigns (either votunt~ry by ~d of the parties w invoiuntary by operation o~ the Iaw1 of tlx same and that the covensnn herein contsined shall bind ~nd the benefi» and sdvaMsges uwre to the respective heirs, legal representatives, succeuors aod ass~gns of the psrtid hereto. And said Mwtgsgors, ior themselves and their heirs, legsl represeMatives, successws and auigns, hereby jointly and severally covenant and ~yree to and with the said MORTGAGEE, its successors and assigns: 1. To pay afl and singular the printipal and intereat and the rarious and sundry wms af mpxy payable by virtue of iaid promisswy note, and this mortyage, e~cF? and every, promprly on the days respedively the same severally become due. 2. To pay all and singular the taxes, assessmentt, levies, liabilifies, obligstions ~~d encumbrances of every nature and kind now on said destribed ~ prc~perty, or that F?ereafter may be ~mposed, ivffred, pt~ced, levied, a~uessed thereon, a that heieafter may be levied or ~ssessed vpo~ this Morty- age, w the indebtedneu secured hercby, each and every, when due and payable, atcordirg to law, before they become delinquent, a~d befwe any interest ~ atraches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHA[l BE PROMPTtY SATISFIED AND DISCHARGED OF RECORD AND THE ORtGtNAI OFftCIAI DOCUMENi (SUCH AS, FOR IN5TANCE, TNE TAX RECEIPT OR THE SATISFAC?ION PAPER OfFICIAILY ENDORSED OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event fhat,any thereof is not paid, saYsfied and discharged ss:d MORTGAGEE may at any time pay the same a a~y pa+t thereof withovt waiving or affetting sny option, lien, equity or ~~qht under w by virtue of this mortgsge and the full amount of each and every such payment shall be immediately dve and payable and shall besr interdt ~rom the date the?eof until paid at rate of nine per centum per annum snd together w~th such interest shaf y the li t 80Q+Sx~~~iJ `AGt~~~~3 ~ ~ ~ 'a = q _ . - . ~rt x:z F ~ ~""~~t ~s~,~~,