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HomeMy WebLinkAbout1347 ;~~v;~ rv ; THIS IN~ENTURE, Mad~ tl~~s 2~Lh day of October - n.~. 19~. betwea~ Helen R. Bass, a sin9le adult of St . ~.LlCi@ County F~orid+, hereinafta dsiignsted as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corporalion wy~~ited and existi~g v~der ihs lawt of the United Sqta of Amtrita ai+d Mvinp ib principal~ ~I+u of busineu in the City of Fo?t Pierce, St. L~cie Gou~ty, Florida, herein~fter dei~gnated as tM "MORTGAGEE." ; WHEREAS tM MORTGAGOR a justly indebted ro 1he MORTGAGEE in ths sum of = 1O~ S~. ~ 9ood ~nd lawful mw»y of the United ~ States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s cerlain promissory nole of even date herewith, of which 1he followirp in ~ ~ words snd figures is a true copy, ~o-wit: ~ ~ 1 O, 500 . 00 r,~, l 0018959 ' Y Fort Picrce. Flaida. ~LO~@r 2~ ~q 72 ~ for value received. 1, we or eitFxr a4 : s, promise to pay, without defalcation, to the orde~ of FIRST FEDERAI SAVINGS AND LOAN ASSQC~ATION Of ; FORT PIERCE at Fort Pierce, Flwids, the sum of S l~~ 5~• ~ wi~h interest from date at the rate of 7• 75Xa p~? +nnum,.in MonlhFy inslalN ~ 99.~ iSt Deceaber .~y 72 and a like sum on the corre day of eacii m~tb tMrr ' ~ ments as follc•r:s: S on the day of sP°^d'^~. ~ after uNil the whole be fully paid. ; ~ Each installment firs~ shall be applied in payment of the interest and then o~ the unpa~d balance of the princ~psl sum. If d avl! is msde in 1i~ payment of a~y installment when due, and svch default continues 30 days, then at the option of 1he holder, and without any ather notice, all the remaini~p ~ ~nstallnxnts shail be due and payable at once. Privilege is given to prepsy this ~+ofe in whole or in psrt at any time without penalty. Neither fw~beara~te, ; nor acceptance by the holder the~eof after any defaulf in a~y paymems hereo~, shall be deemed extension. A lale payn+ent charge of i~s~_. sh+~~ bt added to each installment remaining unpaid 7 days after its due date, and s like sum ahall be added to each such installmenf remaining unpaid 7 d~ys eft~r : each succeedirg payment date. ~ Each maker, sure?y and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fa non~ayroent, snd further agrees fo sny extension of time of payment, either before a after maturity, without notice to any of us; and to pay all costs of collectan, intlvding a „ reaso~able attwney's fee in the event of any default hereunder, and hereby seve~alty waives all benefit of homestead and exemption under fhe constitvtan n and ~aws of each State of the United States, as against this oWigation or any eztension or renewa~ hereof. ~ Witness 1he hand and seal of each parly. ~ S/ Helen R. Bass ~?q ~ a sinale adult ~?U ~ ~ (SFnU (SE/?U ~ ~ ~15.75 1 State Revenue ~ pti~Rpa~stNllw~as.~9g~~11fC~ef~ ~ 10 500 00 , i~ NOW, THEREfORE, ths MORTGAGOR for the purpose of seturing payment of said sum of S ~ • +~d tl+e Perfa^N^~e af ths ~ covenants and agreemenb hereinafter expreased, and fw dive~s good and valvable considerations, by these preunts, doe~ grant, bargain, sell, remise, ; release, convey and confirm unto the MORTGAGEE, its successors a~d auigns, elI that certain lot, piece or parcel of lend, situale, lyirg, and beirg in the k Counry of St . 1.11C1@ and State of Florida, des«ibed +s followt: ~ 1 , Part of the NB~{ of the NE'~ of the SW~ of Section 20, Township 35 ~outh, Range 40 East, St. Lucie County~ Florida, nore particulazly described as follows : Fros the Northeast corner of the l~~ of the N6'~ of the SW~ of Section 20, Township 35 South, Range 40 East, run South 204 feet to the Point of Beginning; thence continue South 156.30 feet; thence run West 200 feet; thence sun Nosth 156.30 feet; thence run East 200 feet to the Point of Beginning. Subject to easenent fos road zight-of-way over the Westezly 15 feet, for use in comnon Nrith oth¢rs f , ~ ~ ~ STATE ~F FLORiDA~ ~ OOCUMENTARY ~TAMP TAX ~ : °c'' N DEPT.OF REYENUE r • ' ~ d~ ~ ~ pECf1VED S~ IN PA";!S~F~T OF TA.CES ; o _ = ~wf ~s'~2 5. T 51 DIIE ON CIJ~ 'C' t`lTAHG{BlE PERSOd-ll P~.JrERI'(, / •R i R 71-I34 ACTS UF 1911. ~ o = t~lo 2 ~=.-•••r t P U( i S J I L R T T O C H A P E [2GGER POIIRNS ~'Y+~ ~ . CtFR!( CIftCUIT OOURT. ST. WCIE 00, , i : , together with all and singular the tenements, hereditsments ~nd appurtsnces there~nto belonging or in anywise appertaining tF~ero, and all rents, iu~ea. ~ proceeds e~d profits acuuing snd to ~cvue from ssid premises, all of which ue included in the above ~nd fore~oinp descriptio~ and habendum. ~ TO HAVE AND TO HOLD the above dearibed and grsnted premises unto the said MORTGAGEE, its successors and assiyns foreva. Md tM s~W ~ JVIORTGAGOR fw - he! hein, executus, administraton +nd aii~g~s, hereby cov~nanb with the s+id MORTGAGEE, its suaeasors ~nd u+iDns. rhat she 1S ~awfully se~zed of the ssid premises in fee simple; thst ti+e ssme s~e free, cksr and dischar9ed from all Ikm a+d ~ncvro- brances in law o? in equity, and that ~e will and hez heirs shall wsrrant ~nd defend tM title to the sam~ fo tlw faid ? MORTGAGEE, its successws and assgro, forevet sgainst the lawful claims and demands of stl persom; t 4 PROVIDE~, ALWAYS tMt if the MORTGAGOR shall pay unro the MORTGACaEE the promisswy rate her~i~before dexribed ~nd s~ll truly, promptly ; ~ ana fully pe~form, diuharge, execute, complete, comply with ~nd abide by esch and every fhe stipuletiau, +9reements, tonditwM +nd coven~nb of said promissory note and of tha Mortgage, then this Mortg+ge •nd the Estate hercby aeated ahall ce~se ~nd k» null ~nd void- ~ IT IS UNDERSTOOD tluf the wwd "Mortgsgor" whether in the iingulsr w plural ~nywhere in this Morty+ge, shall be sinpulx if o~t only ~nd ~ shall be plur~l {ointly and ~everslly if more thsn one, and that the word "thew" es ~sed anywhere in this Mwtyage shall be t~ken to mean "his;' "heq;' or "its," whereve~ the context so implies or sdmits. Also, tMt wherever there is a reference in the covensnri and agreemenri herein aontained fo any of rhe p+Aies hercto, the ssme shall be construed ro mesn ~s well a: the heirs, le9al represent~tives, succeuwt and ~ssi9ns (eithe~ volunt~ry by ad of ihe ~ parties or involuntary by operation of the Iaw) of the same and that the cove~ants herein contained sF~sll bind and ths benefiq ~nd ~dvanta~es itwn ~ ro the respedive hein, legsl rcpreumatives, suueswn and a~s°gns of the psrties F~ereto. ~ And taid Mwtgagws, for themselves and their hein, leyat representstives, succeuas and auigns, hereby jointly ae~d severally coven~nt and aprte ~ ro ar?d with the said MORTGAGEE, its successors snd auigns: 1. To pay ~II and sirgulsr the principal and interest s~d the variovs snd sundry sums of maroy payabk by virtw of said promiiwry note, and this ' mortgage, each snd every, prompHy on fhe days respectively the ssme severally become d~e. 2. To pay +II u+d singular the taxes, auessments, kvies, li~bilities, obli9stions and encumb?aixes of every nature and kind now on taid desc?ibed property, or that hereafte~ may be imposed, suffereA, pl~ced. Iwied, or ssuued tF~ereon, a tF?+t heresfter may be lev'~ed w usessed upon this Mort¢ age, or th~ indebtedness secured hereby, sach and every, when di?e ~nd psysble, according to bw, befor~ they become delinquent, and befw~ u+y interest attaches or any pena~tY is u+curred; AND INSOFAR AS ANY THEREOF IS OF RECORD 1HE SAME SHAII BE PROMPTIY SATISFIE~ AND DISCHARCsE~ OF RECOR~ AND THE ORIGtNAI OfFICIAI DOCUMENT (SUGH AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER OFFICIAILY EtiDORSE~ OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar?d in the event that any thereof is not paid, sat:sfied and diuharged sa:d MORTGAGEE m~y ~t any t~me p~y the same w any pan tF~ereof without w~iviny w affectinp any option, lien, equity a •iqht under u by virtue of this mortgage and the fu~l smount of exh and every such payment shall be immediately due and payabk and sh~l! bear intaest From the date thereof until paid st rate of nine per centum per annvm and togethe~ with such interest shall~ ~secy~re~ uy the lien of th:i_ mor~fsy~. BGGK~U7 iAf,i 1347 r , _ ; _ ,,,x ~r ~ ; ~ ~ ~ K i