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HomeMy WebLinkAbout1559 ~ ~38381 TNIS INDEN~URE. N?,d. ~t,e 15th d,y of - Se~tember A.~, t9~. be~..n _ tVilliam P. Snoddy and Av~n~Il ' SnQdc~y~, hic wif~ of St . Luc i e Co~nty Flarida, hereinafte? designated tM "MORTGAGOR," . u+d F~RST FEUFRA~ SAVtNGS AND IOAN ASSpC1AT10N OF FORT PIERCE, a caporation orpani:ed and exii~iny u~ tM lav~n of 1M United St~tas of Mxric~ and havinp it~ Pf~Mi~I PIK~ of b~sineu in th~ C+ry of Fort Pie~ca, S~. lucie Counry, Fluids, hereinafter designated +s th~ "A~R~~;E:: 7 UU WHEREAS ths MORTGAGOR ~s juitly i~debted ro ths MORTGAGEE in the sum of ~ good and I~wful money ot 1he Unlted Srates advanced by the MORTGAGEE ~nto Ihe MORTGAGOR, as evidenced by a certain promissory note of qvpn date herewith, of wh7ch the foUowinQ in word~ and figures is a trve copy, to-wit: t 7, 300.00 ~ _1s018826 r•o.~ P~~.~•. Fiw~d~, September I5 ~y •~2 ~ \ Fo~ value received, 1, we w eithe~ of us, prom~se to pay, wi~hout defalcatia?, to the orde~ of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIGN Of ~ FORT PIERCE at Fort Pierce, Fbrida, the sum of j 7 s 300.~ W~~h interest irom date ef the rale of ~~6 pN ennum, in monthly insteN- ~ ~:,eros as foltows: S 69 on the i S t d+y of November ~ ~9 72 and s tike sum on the caresponding day of exh ma:~h therr afier until the whote be fulfy paid. ~ Each installment fi~st shall be app~ied in payment o( tFe interest and then on the unpaid halance of the princ+pal sum. If d ault is mad~ in the ` F a~~nent of any imtatlmenl when due, and such defauU continues 30 days, the~ at Ihe option of the holder, and without any other notice, a~l tht remaining ~ ~~,siallments shatl be due and payable at once. Privitcge is given to prepay this oofe in whole or in part at any time without penalry. Neither fwebearance, - nor acceptance by the holder ehereof afrer any defavl! in any payments hereon, shall be deemed extens~on. A late psyment chsrge of S 3• 44 ~ ~ added to each installment remaining unpaid 7 days after its due date, and a tike sum shall be added to each such installment remaining u~paid 7 days after each succeeding payment date. ~ Each maker, surety and endwstr hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furthet a rees to an extens~on of time of inent, either befo~e or after maturi g y pay ry, wi~houl notice to any of ~s; and to pay all costs of co~lection, inciuding a , reasonable attwney's fpe in the event of any default hereunder, and hereby severatly waives all benefit of homestead and exemp~ion under the tonstitution a~~d laws of each Sfate of tFu United States, as agtinst this obtigation w any extension w renewal hereof. \ ~ Witness the hand and seal of esch party. . (sEaU _s/William p. Snoddy ~i~ ~ s Avanelle Snoddy N~ ~ ~ 10 . 9 5 ~ Stste Revenve (ua~np? esweelkd an ~evigi„~F-~,o~e) ~ ` 7 300 00 NOW, TFiEREFORE, 1he MORTGAGOR fo~ the purpose of sec~ring payment of said aum of t ~ • , and the pe?formance of tF?s covenanrs and ag~eements hereinafter expressed, and for divers good and valuab~e considerat~o~s, by these presents, does grant, bar9ain, sell, remise, release, convey and confirm unto tF~e MORTGAGEE, its successors +nd atsigns, all that certain bt, piece w parcel of Isnd, situate, lying, and being in the Couny of St . Lucie and S~ate of Florida, descr~bed as follows: Lot 19, Block F, HARMONY HEIGHTS SUBDIVISION, as per plat thereof on file in Plat Snok 8, page 24, of the public records of St. Lucie County, Florida, ~ sTA-~-~ °F .F 50~~, ~ R ENTARY,•~ ~ - D~____~~M ~E ~ ~ a 9 5 ~ . DEPT.Oi REYEN ~ • . „ =r - ~ ;~'r~4 I2 ~ • • ° = ~~iio2 'y••~ , R~p _ o IM PAIrMERT OF TAXF~ o DUE OM tXASS'C tNTIWG18lE PE~~~ P~~ p!{RSt{~1tIT t0 CHAP'ER 11-131. ~S OF 19/1. r~ ( y . ROGER POIZRA.t / ~ WpquT OOURT. ST. LIlC~E ~ +ogether with sll and singular the tenements, hereditaments and sppurtsntes thereunto belaging a in ~nywise ~ppertainiry thereb, ~nd sll r~nts, issuq, proceeds and profits ~ccruing snd to accrue from said premises, all of wFi~ch are included in the ~bove and fore9oing descriptan ~ed h~txndum. ! TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, iri sutcessots and ~ssiyns fwev~t. Md fM uid their MORTGAGOR for heirs, executws, administrators and assigns, hereby covenants with the s~id MORiGAGEE, hf sutcessors ind auiprn, ' rr,af _ they a re__ ia~~i~ .~~:~d ot rt~ ~~d y premius i~ fee simple; that the same are f~ce, ckar ~nd dischsrped from all Iiero and encwn~ brances in Isw or in equity, a~d thst they wi11 and thei r Me7n shall warrant and defend ths title to the sarrw to the uid MORTGAGEE, its successws a~d sssgns, forever against the lawful cbims snd dem~nds of sll persont; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORT6AGEE the promissory ~ote herei~before dewibed ~nd shall truly, p?omptly and fully pe?fwm, discharge, exec~te, complete, comply with and abide by tach and every ihe stipulations, agrecments, canditions and covenanb of ~aid p~omissory nore a~d of this Mortgsge, then this Mwtgage and the Eslste hereby ve~ted shall cease snd be null and void. IT IS UNDERSTOOp fhat the word "Mort9sgpr" wlxrher in the singular or plural aoywhere in this AAatgaye, shall be iinpulsr if one onty and shall be plural jointly and severslly if more th~n one, and tFwt the word "thei?" ~s ~sed anywhere in this Mortgaye ahall be taken fo mean "F~is,•• ••Mn•• or "its," whereve~ the confext so implies w ~dmits_ Alw, that wlxrevsr there is s reference in the covenants snd agreemenb hereio cont~ined fo ~ny of rhe puties hereto, the same sF~all be construed to mean as well ~s the heirs, legsl reprexnt+tivef, sutcessort and auig~s (either voluntsry by act of th~ partie~ or i~votumsry by operation of the taw) of the same and that the covensnts herein cont~ined shall bind ~nd the benefiq and advant~gN inure +o the respective heirs, legal representatives, successors and su~gns of the panies hereto. And said Mortgagors, fw themselves and their heirs, leg~l reprexntatives, successors end assgns, hereby jointly and sever~lly cove~ant and ayree ~o and with tF+e isid MORTGAGEE, its successors a~d auigns: 1. To pay ail and tingvlar tlx principal and inrerest and the wrio~~ and sundry wms of money payable by virtue of ssid promisiory note, and thia mortgage, esch and every, promptly o~ the days respedively the same severally become due. 2. To p~y atl and singular the taxes, sssessmenb, levies, liabifii~es, obligstions and encvmMarxes of every nature and kind now on said desc?ibed property, w that hereafter may be imposed, suffered, plxed, levied, or assessed thereon, w that hereafter may be levied or use~sed ~pon this Mwt9- age, w the indebudneu sea,red hereby, esch snd every, when dve ~nd psyable, accordir?p to law, before ihey become delinquent, and befors any lnterest arracF~es w ~ny penatty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD 1HE SAME SHAtL BE PROIVMTIY SATiSfIfD AND D13CMARGED OF RECORD AND THE ORIGINAL OFFICIAI L10CUMfNT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATI$FACTION PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE MANDS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not ~ pa~d, sat"sfitd and discharged sa:d MORiGAGEE may at any time pay t!u same or any pan thereof without waiving or affecting any opYan, I'ien, equity a ~~qht under or by vi~tue of this mortgage and the fu~l amount of each and every such payment shall be immed;ately due and psyabk snd shall bear interest ~ ~.om the dare tF~ereof ~ntil pa~d ar rate of n~ne per centum per annum and together w~th such inter£st~ha~~t~~red b t e firn of th:s mwytaye. , v~`~~~ i F~V ~ [C~~llV . 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