HomeMy WebLinkAbout1929 2,~QC~p SUPPLEMENTAL MORTGAGI: 1 - ~
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THIS INDENTURE, AAadt the 19th day of Se~tember A.D. 19?? beWreen
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John B. Park and Audrey F. Park, his wife
of St. LL1C1@ __y ~~~N florida, hereinaftK deignated as tM "MORTGAGOR," +nd i1R5T FEOERAL SAVINGS AND .IOAN
ASSOCIATION OF FORT PIERCE. • corpw+t~on w9uuZed anJ existin9 unda IM lawi of the Uoited Statq of Art~srk~ and havinp in principal pl+t~ of
bu~irwu in /M City of Fwt Pi~ru, St. lucis County, Florid~, het~inafta nat tM "MORTGAGEE:'
`~r°`~~ie repayment of that ce t n not ent
WHEREAS ~he MORTGAGOR a justly indebted to the MORTGAG6~ i~.the~wwof i- - - - - - - - - - - - - - --9Q~~~-~~~-"1O°°~
S+ate~ ~dr~nser b~r +F» ~NONf6~AGEE~nts Nro ~ORiGA6AR~ wid~need-b~r +-cKw~w-prow~iawy-~»N ~oi ~ww ~ats haewith. oi wircbaka-~ollorriap n
w«d.~~a-f:~~•~-»+-~w~~ ~e~wM of which is s ured b t~ at rtain ~qort qage recorded in O.R.
Boo~c 206, page 5v4, Pu~lic rec~rds o~~5t. Lucie C"oui~ty
~ Florida
lue received, 1, we w either of us, p~om~se to pay, without defslcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATI
FORT PIERCE at fw Fbrida, the sum of i with interest from date at the nte oi % p-e?
ann~ onthly install-
ments as fol!ows: Z day of , 19 and a like sum on the corr nd nrp +Yd of sach nw~th there-
after until ~he whole be fully paid. ~ '
Each installment first shall be applied in payment o ' terest and lhen on the unpai e of the p?incipal sum• If d ault is msd~ in the
payment o( any installmeot when due, and such default continues 3 then at th n of the holder, snd without any other notice, all the remainirg
~nsrallments shall be due and payable at once. Privilege is given to prepa ~n whole w in part af s~y fime wifh0ut penalty. Nfither forebeanr?ce,
nor acceptance by the ialde~ thereof sfter a~y default in an nts hereon, shall be dee ctensio~. A late payn'+tnt chs?ge of 3-: shall be
added to each instal~ment remainir?g unpa~d 7 days s due date, and a like sum shall be add such installment remaining unpaid 7 dsys after
each sucteeding payment date. t
Esch maker, s~rety a wser he~eof, jointly snd sevrrally, waives demand, prexntment protest and notice of protc payment, and further
agrees to any exte ~ time of payment, either befo~e w after maturity, without notice to any of us; and to pay all costs of c ' includiny a
reasonab ney's fee in the event of a~y default hereunder, ~nd hereby seve~ally waives al~ benefit of homestead and ezemp~ion under ths ' tion
ws of each State of the United States, as against this obligatio~ or any extens~on w renewal hereof.
Witness tF?e hand and sesl of each parry.
(SE/?U
(SE/?l)
rt = ~ ° _ ~ ~AR~~7iR W
~,,,~p~p~~~,~~_= the aforesaid note
NOW, THEREFORE, t!?e MORTGAGOR for the purpose of securing p~yment of said sum of~ and the performance of tM
covenaNS and agreements lxreinafter expreued, and fw divers good and valuabte considerations, by these pre~ents, does graM, barysi~+, ull, rerrciu,
release, convey and confirm unto the MQRTGAGEE, its ~uccessors and auigns, all thst cert~in bt, piecs or pucel of land, situate, lying, end being in ths
County of St . Lucie and State of Florida, desvibed as follows:
Lots 24 and 25, Block 9, BILTMORE PARK SUBDIVISION, as per olat
thereof on file in Plat Book 4, page 52, public records of St.
Lucie County, Rlorida~
This mortgage is given for the purpose of providing Mortgagee
~ with additional security for the repayment of the above mentioned
~ promissory note.
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~ ~p d// f'' tA ~AYMEM OF TAXfs
D'~ ON CIIISS'C iNT1111G1~ PFR90N~L P~IT.
~G
PUZSUIWt TO ~ 71-~~ OF 19f1. M
CLERK CIRCUR OOURT. ST. L~1C~ ~
together with ~II ~nd singular the tenements. Ixreditamenri and sppurtsntes thereunto belonpirg o? in ~nywise appert~inirg therefo, and ~U rtnb, iuup.
proceeds snd profits acuu~ng and to accrue from said premises, all of which srs inc{uded in the above and faepoinp dexriptio~ snd halxndum.
TO HAYE AND TO NOLD the ~bove dewibed and gramed premaes unto the said MORTGAGEE, in suuesson and suigns fwever. And tFw sald
MORTGAGOR for thei r___ ~~~s, executas, admi~istraton and assigns, Ixreby covenann with the said MORTGAGEE, its successor~ ~od assipns.
rhat the~ are _ i,~~~~y uized of the said premises in fee simple; that the Wme are free, clear ~~d discMryed from all licra ~+d encum~
brantes in Isw or in equity, and that thEy ~,,,;p a~ tf1e1Z hei~s shsll wsrrsnt and deftnd ths titk fo fhe same to tM qid
MORTGAGEE, its successors and sssgns, forever sgainst the lawful claims and dcmands of all persorq;
~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory note hereinbefort dewibed and ~hall truly, promptly
~ and fulfy perfam, disch+rge, execute, compkte, comply with and ~bide by e+ch snd every the stipulations, +yreements, conditions and tonsnanri of said
promissory note ~~?d of this Mortg~ge, t}~en this Mwtg+ge +nd the Esqte hereby created shall cesse srd be rwll and void.
~ IT IS UNDERSTOOD tMt the wwd "Matgsgor'' whether in the singulu a plwal snywhere in this Mortg~ye, shall be sinpulu if one only and
~ shsll be plural jointly snd severally if more thsn o~e, and that the word "their" ~s ~sed snywhere in this Mort~aye thall be t~ken to mean "ha:•
~ or "its;' wherever the context w implies or admits. Also, th~t wherever there is a rei~rence in tF~e covenanri snd spreemtnfs herein tontained to ~r?y of
~he pa?ties hereto, the s+me shall be construed to mean ss well ~s the heirs, leyal represent~tives, succeuon and aui~~s (either volunury by act of tM
~ partilf a invduntary by operatan of the I~w) of the same snd that the covenants herein co~uined sMll bind and tM benefits a~d adwntapea irwr~
~ ro the respective hein, legal representatives, svccessors snd ast'yns of the p~rties hereto.
And said Nlortgsgors, fw themselves and their heirs, legal reprexntatives, successors ~nd sssiyns, hereby jointly end seva+lly coven~nt and a~~ee
~ to and with tix said MORTGAGEE, iri successon ~nd auigns:
~ 1. To psy all +nd ~inpulsr the printipst and intaest and the wriovs and wndry sums of rtwrtey payable by virtue of said promissory note, and this
mortysye, each ~nd every, promptly on the days respectively the same severally become due.
To pay ~II and singulu the taxes, auessmenb, levies. Iiabilities, obliyations and encumbrantet of every n~ture and ki~d now on ~aid described
proptrty, a that FwNeafter may be impoted, suffered, plxed, levied, ot •ssessed thereon, w th~t hereafte? may b~ levied a uiessed vpo~ this MortQ-
age, or the indebtedness secured hereby, esch and every, when due snd p+ysbk, sccordiny to law, be(ae Ihey bec«n~ delinquent, and before ~~y int~rest
attaches or sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGED OF
RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACYION PAPER OffICIA/lY ENDORSEO
OR CERTIFIEO) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; and in the event tF?st a~y thereof is not
paid, saYSfied and discharged sa:d MORTGAGEE may at any time pay the same or ~ny part thereof without waiving or a(fetting any option, lien, eqvify a
•iqht under or by virtue of this mortgage and the full amount of eath snd every such payment shall be immediately due and paysble and shall besr interMt
s~om the date thereof u~til paid at rate of nine per centum per annum and together with such inte?est shall u~r the lien of th:s morgtape.
Bo~K ~,VU P,Gi ~~1~~
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