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HomeMy WebLinkAbout2689 24i2~9 ~ TH1S lNDENTURE, Msds ~he 1 S t day of ~ ~'mbe r A.D. 19 benaasn .lohn L. Thornburc~h ancl j3e.tty Thornburgh, his wifA ' of ~ t. 1-u Ci C Counfy flor~d+, hereinaiter de~ignated ss tha "~JIORTGAGOR," and fIRST fEDERAI SAVtNGS AND IOAN ASSOCIATION OF fORT ~iERCE, a wrpwafian wyanized and eaisting undar lhs laws oi the Uni~ed Statat of Amerits and Mvioy in principal plate of busi~eu in the Ciy of Fo~1 Pierce, St. lucie County, Fiorida, hereinafter desi9nated as t!?~ "MORTGAGEE:' WHEREAS the MORTGAGOR is ju~tly indeb+ed ?o the MORTGAGEE i~ the sum of s 2~~~~ good and lawful money of the Un~ted Sfates advanced by the MORTGAGEE unto the MORiGAGOR, as evidence~ by a cenain promiuay note of eve~ date herewitb, of wh;ch the lollowin9 In + words and fgures is a true copy, towit: ~ f 3•1:OOQ.00 ~ lOOlA007 ~ Fort Pierce, Florida, v4VPT1hPi 1~ 19 72 ! , v f i fa value received, I, we or either of us, promise to pay, without defalcation, lo the order of FtRSi FEDERAL SAVINGS AND tOAN ASSOCIATION OF J FORT PIERCE af Fat Pierca, florida, the sum of j with inrerest (rom date at the ~afe of 7'~ ptr annum, in monthly install- meMS as (ollows: S ~9`~•~ on the lOth day of ~anu:+ry ~9 73 snd s like sum on ti+e correspond~og day of each month therr ~ after ~ntil the whole be fuNy paid. ' ~ Each installment first shall be apptied in payment of tfie interest and ~hen on the unpaid balance of the princtpal sum. (f d ault ia made in the i Hay~nent of any installment when c+ue, and such default continues 30 days, then at the opt'ron of the holder, and without sny other notice, all the remaining ~ ;r~srallments shall be due and payable at once. P?ivitege is given to prepay this note in whole or in part at any time witlw~t ~+en~lty. Neither iorebearante, ~ nor acceptance by the holder tl~ereof a`ter any default in any payments hereon, shall be deemeci ±xtension. A late payment charge of = 9!_,?~ shall be , added to each installme~t remaining unpa~d 7 days after its due date, ar?d a like sum shalt be added to each such installment remaining unpaid 7 days after each succeeding paymenf date. EacA maker, suret and endorser hereof, ointl and seve~all waives demand, \ y j y y, presenfinent protcst and nolice of protesf fw non~ayme~t, and further ng.ees to any exte~sion of time of payment, eithe. before w after maturity, without notice to any of vs; and to pay aH costs of collection, including e reasonabte attorney i fee in the event of any default hereunder, and hereby severally waivcs all benefit of homestead and exemption under the tqnstitution t and laws of each State of 1he Uoited States, as ~aa~nst this obligation p any extension w reoewal hereof. ' - Witness the F~and and seal of each party. (SEAu ~ s John L. Tho rnbu rgh cs~?u ~36.00 5/ getty Thornburgh ~u ~ c ) srate aevenue ~ ' - (Stampa-canc~l~~w?-ayiwa~ wMe) ' ~ NOW, THEREfORE, the MORTGAGOR for the purpose of secv~eng payment of said sum of S 2~~~~ , and the perfama~ce of ths ~ covenanls a~d agreements hereinafter expressed, and fw divers good a~d valuable tonside~ations, by tF?ese presents, doe~ grant, bargain, sell, remiie, ~ reiease, convey and co~f~rm unto the MORTGAGEE, its iuccessors and assigns, ail that catain lot, piece or parcel of land, situate, lying, snd being in ths County of St . LLiC 1C? and State of Florida, dewibed a~ fo!lows: ~ t Fast 78 feet of th~ ldnst 477 feet of Lot 21, MARAVIL[/1 C',.4('DF~'S, i?~IT I, as n~~~lat thereof on filP in Pi~t Boak 6, oane 55, of the ~ublic r~c~rds ~f ~t. 1_uci~ C'ount}~, Floric~a, ~ 1 i I ~ f F t 4 ~ STATE ~F FLORID!-~ ~ ~ ~ DOCUMfNTARY` . -~..,,,STAMP TA>~ I ' i o? o _ ' ~ ' ~ DEPT_--pF REYfNUE s~~~. 0 O, as _ = aJ~ 72 : • ; o P.0. - ~ I ~ 11102 p ~ IN ?AYMENf OF tJ~k ~ ~D ~ • DUE ON CIASS 'C tNiAlIG161.E rERSOl41t PiOPERn~ ~ ~~WIT Tp q111pTER 71•134. ACiS OF 1911. _ ROGER i'OITitAt ~ Cif~N CiRCUIT CUUR~, Si. WC~E 00.. FtA ~ i t fogether with all and singular the tenementa, hereditaments and appurts~ces thereuMO balongirg or i~ anywise appert~inirg thereto, and all renri, tu~es, ; ! proceeds and profits accruing and ta acuue from said prcmises, atl of which sre included in the above and fasQoiny dtwiption ~nd Mbendum. ~ i TO HAVE AND Tp HptO the above desaibed and granted premiaea unto the ssid MORTGAGEE, its suaeswn snd suig~s forever. Md th~ ~sid ' i MORTGAC~QRff,~ ~ rphel r-- he~n, executors, sdministntws and sssigm, hereby covenanri with the said MORTGAGEE, its wctesw?s ~nd uti~ro, ~ ~ rhat i~~ lawfully sei:ed af the said premises in fee simple; that the isme are free, ckar snd discharged from all I'Kns and ~ncwrr brancts in law w in eqvity, and that thev W~~~ a~ their hein ~hall war?~nt and defend tM title fo the sams fo ths sald ~ MORTGAGEE, its successors snd ~ssigns, faever against the lawful claims and demands of ~I( persom; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promissory note hereinbefore desc~ibed and shall bvly, promptly ~ and fully perfo~m, disciwrge, execute, complete, comply with and sbide by esch snd every the stipulations, agreemenri, caxlitions and tovenan» of t~id ; promissory r+ote and oi this Mwtgage, then this Mortgage and the Estate he?eby veated ihall cease ~nd be ~+ull and void. ~ a IT (S UNDERSTOOD tl»t the word "Mortgsgor" whethcr i~ the singular or plvral snywhere in this N{wtgsye, ihall be sirgvl~r if orw only ~nd = ' shall be ptural jointly and severally if more thsn one, and that the word "their" as used ~nywhere in this Mortgage ~F?~II be tsken to me~n "his;' "hen;' ~ or "its;' wherever the context so implies or admits. Also, that wherever the~e is s referenca in the covenants and ~greemenri herein containcd to any of } rhe partiei hereto, the ssme ihall be consfrued to mesn as well ss the heirs, kga! representatives, suaessors and assipns (either volunt~ry by act of th~ ? parties or involunrary by operation of the law) of the sarn~ snd that the covenants herein contained shall bind and the benefiri +nd advanfpes [n~re 3 ' to the respective heirs, legal representatives, wtcesson and ass~yns of the psnies hereto. i And said Mwtgsgors, fw fhemselvd and their Ixin, (egal reprexntatives, successors and essi9ns, hereby jointly and severally tovensnt and a~r~e ~ ro and wirh the ~aid MORTGAGEE, its successora and assigns: ` 1. 1o pay all and singulsr the principal and imerest and the var'wus and :undry sums of mo~ey payable by virtue of said promiswry note, and thii € r.+ongage, e+ch ~nd every, promptly on the days respectively the ssme uverally become due. ? 2. To p+y ~II and singular the taxes, assessmeMS, levies, tiabilitiei, obt~yatian ~nd encumbrancd of every nature and kied now on s~id described E propeny, p tbat he~eafter may be imposed, suffered, pl~ced, kvied, or •uessed thereon, or that hereafter may be levied o~ usessed upa+ thh Mort¢ - i a9e, w tM indebtedneu secured heroby, esch and every, when due ~nd payabk, xcordiny to I~w, befwe they become delinqueM, and b~fw~ ~ny interes~ ' atraches or any penalty is i~curred; AND INSOFAR A$ ANY iHfREOF IS OF RKORD THE SAME SHAIL BE PROMPTLY SATISFIED AND ~ISCHARGED OF ; RECORD AND THE ORIGINAL OFfIC1AL DOCUMENT (SUCH AS, FOR INSTANGE, THE TAX RECEIPT OR THE SATISFACTION PMER OfFIC1AllY ENDORSE~ ; OR CERtIf1ED) SHAII BE PtACED IN THE HANDS OF SAiD MORTGAGEE WITHtN tEN DAYS NEXT AFTER PAYMENT; and in tl~e event fhaf any fhereof is not f paid, saYsfied and discharged sa:d MORTGAGEE msy at any time pay the same or sny part thereof without weiving a affeding any option, lien, eqtrify p •~qht under o~ by virtue of this mortgage snd the full amount of esch and every svch paymeM shsll be immediately d~e snd psyabk snd shatl best interest ;E From tF~e date thereof uMil paid at rate of nine per centum per annum ind toge~her w~th such ~te~st 1 secured by the lien of th's mw9ta4e. ae :;~~,K ~ FA~,F~s~~ r ~S ; . . ~ ~~,r F~ 's ~L4 "+F. _ E' ~ ~'Y`"'v..~.t . . ~ _ ~