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HomeMy WebLinkAbout1736 ~3~512 ; ~ THIS IN~ENTURE. Mad~ 1he 19th day of $E.'nteIDb@! _ _ A.D. 19~... between Prentice L. Manor and Lois D. Manor his wife • ^ 7n l:i ~ , t- • St. Lucie ~ oF County Florid~, hereinafte~ designated as the "MORTGAGOR;' and FIRST iFEOERAI SAVINGS AND LOAN AS50CIATION OF fORT PIERCE, a corporat~on orgs~ized and e:~sting under the laws of the United St~t~s of Am~rles ~Md.l?~1np iri principal pl+ce of busineu in tM City of Fon Pi~.ce, St. lucis Covoty, Florida, hereinaf~er desiynated ai the "MORTGAGEE:' . WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of = 25,200.~~ good and lawful mo~ey ot the Un~ted Srates advanced by the MURTGAGEE unto the MORTGAGOR, as evidenced by a certai~ promisso~y not~ of even dab helsw~~h, of wi~~ch the (ollowinq in xorda and figu~es is a true copy, to-wi~: s 25,200.00 ~ 10018839 Fo~t Pierce, Florida, ~Ptember 19 ~y 72 Fw value received, 1, we o~ either of us, promise to pay, without defalcat~on, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF FORT DIERCE at Fort Pierce, fbrida, the sum of = 25.200.00 w;th interest from date at the rate of .Z.a.~1, per annum, in monthly install- ~nents as fol!ows: t 187 o~ ihe lSt day of November ~9 72 and a likc sum o~ the corre~ponding day of eac6 month there- afrer until the whole be fully paid. Each installment firat shall be app~ied in payment of the interesl and then on the unpaid balance of the principal sum. If d ault is made in the F~a~ment of any installme~t when due, and such default continues 30 days, then at the opt~~n of the holder, and withoul any othe~ notice, all the remaining ;~:srallments shall be due and payable at once. Privilege is given to p~epay this note in whole o~ in part at a~y t~me without pena~ty. Neithrr forebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of =~i~_, shall be added to each ~astallment remaining unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining ~npaid 7 days sher each succeeding payment date. Each maker, surely and endorxr hereof, jointly and severally, waives demand, presentment protest and no~ice of protest for nonpayment, and further agrees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all tosis ot collection, incl~ding a reasonable attorney'a fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under tFx constitution a~,d laws of eath State of Ihe United $tates, as against this obligation at any extensio~ or renewal hereof. W~toess the hand and xal of each party. S/Prentice L. Manor ~AU (SEAI) S/Lois D. Manor (SEI?U ~ 37 . 80 ~ State Revemre ~C]E~ilfil 25 f 2~ and the rformance of ths NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of = P~ covenants and agreements hereinafter expressed, and for divers good and valvable considerations, by these presc~ts, does g~ant, bargain, sell, remix, release, convey and conf~rm unto the MORTGAGEE, its successors and assi9na, all that certain lot, piece w parcel of land, •ituate, tying, and being in the County of St. I'UCie and State of Florids, described as followt: From the Northeast corner of the Southwest 4 of the North~rest 4 of the NorLheast 4 of Section 29, Torrnship 35 South, Range 40 East, run South O° 17' 20" West 175 feet to the Point of Beginning; thence con- tinue 87.5 feet along the same; thence run South 89° 59' S0" West lpl feet; thence North 22° 22' 13" East 94.42 feet; thence North 89° 59' S0" East 165.5 feet to the Point of Beginning. f [ I oF FLORIDA ~ ~ ~ o ~TATE tAMP TA) I ~ C, ~OCUMENTARY f.-~~•~~S____--_---- DEPi. OF REVEtvUE /r` ~ I RE~~ IN PAYMEt~tT Of TAXES D'.'.E UN CIASS 'C INTIWGIBIE PERSONIII PRO'ER~Y, - = - :.~r2i-~Z ~ _ 3 T a p ~ ~L~/ - ~ Pi;?S;lANT 10 CHAPTER 71-134, lU:TS OF 19)1. j~1 ~ o = PB- ~ ~ ~ _ 111R2 ROGER PORRAC ° CLEHK CIRCiIIT COURT~ ST. LUCIE CO-. M. together with all and singular tt~e tencments, hcreditamems snd sppuruncq thereunto belonging w in anywiu appertaininy thereto, and all reM~, iuues, proceeds and p?ofits acuuirg and to accrue trom said premises, all of which sre included in the sbove and foregoing description ~nd Mbe~d~m. TO HAVE AND TO HOID the above desuibed and granted premises unto the said MORTGAGEE, it: succeuors and +ssiy~s foreve~. And tM said their MORTGA R iw heirs, executors, administratws and assigns, Fxreby covenants with the said MORTGAGEE, its successw~ u+d ~uiyro, rhat -t~ey are ~a~~~iY xi:ed of the said p?emixs in fee ~imple; that ihe same are free, cka? and diuherged from •11 liens and ~ntum- b~ances in law or in cquity, and that they w~~~ their heirs shalt warrant ard defend the title to the ume to tM ssid v3 MORTGAGEE, its succeswrs end ass+gns, fo?ever sgainst the lawful claims and demands of ~II persons; ~ PROVI~ED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore dcsvibed and shall truly, promplly ~ and fully perform, discMrge, execute, compkte, tomp~y with and abide by esch snd every the stip~lations, sgreements, conditions and tovsnanti of said ~ promissory note and of this Mortgage, then this Mwtgsge and the Estate hereby aeated shall cease and be nutl and wid. IT IS UNDERSTOOD that the wwd "Mwtgagor" whether in the s~ngular w plural snywhere in this Matgage, ahsll be tinyular if one only and ~ shall be plural jointly and severally if more thsn one, and that the word "their" ss uied anywhere in this Mortgage shall be taken to mean "his:• ••hr?s:• ~ or "its;' wherever the conteat w implies w admits. Alw, that whe~ever there is s reference in the covenants +nd ayreemenb herein co~tsined to +ny of ~ the parties Mereto, the ssme shall be construed to mean as well ss the heirs, lega) r~presentative~, tuccessors +nd auigns (either wluntary by act of tM parties w involuntary by oper~tion of the law) of the same and that the covena~ts herein contained shall bind and t!x benefits and advanfspa Inure ro the respective heirs, legal representatives, successors and ass~gns of the parties hereto. " And said Mortgsgors, for themselves and their heirs, legal representativp, successws ~nd assigns, hereby jointly and severally covenant and agree ro snd w~th the said MORTGAGEE, ~~s successors snd auigns: ~ 1. To p~y all and singuler tFx principal snd interest and the various and sundry sums of money payable by virtue of said promissory note, ~nd this ~ morty~ge, esch and every, prompfly a+ the days respect~vely the same xverally lxcome due. ~ 2. To pay ~II +nd sing~lar the taaes, assesunenri, levies, li~bilities, obligstions and encumlxances of every nature and kind now on uid dewibed property, a that hereafter msy be imposed, suffered, plKed, levied, o~ +ssessed thereon, or that heresfter msy b~ levied or auessed upon this Mortp- age, w the indebtedness secured hereby, e+ch and every, when d~e and payable, according ro law, before they become delir?q~ent, snd b~fore any imeres~ attaches or any penalty is irxurred; AND 1NSOfAR AS ANY ~HEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIALIY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event tMt any thereof is not pa~d, sat'sfied and dixharged sa:d MORTGAGEE may at any t;me pay the same w any part thereof without waiving or a(fecting sny option, lien, equity o~ ~~aht undr or by virtve of this moregsge and the full amount of each and every iuch payment ahal~ be immed~ately due snd payable and shall bear interest ~rom ihe date thereof until paid at rate of n~ne per centum per annum an~ to~e~he? w~th such interest shall be secured by the lien of th:s mor9tsye. , ,~t V , - ~ k ~)l1~ 1733 ~ . 1. _ _ _ . _ _ ~