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Home My WebLink About0950 ~ THIS INDENTURE. Made +he~l. St day of N • A.~. 19~~ between In ian R~yer Investment Corporat on, a Rlorida Corporation of $gll~t 1..L1C~p ~ County Florida, hereinafter desgr+ated as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN ASSpCIATION Of FORi PIERCE, a corporation orgaoized and ex~s~ing unde~ the laws oi the United Sta~as of America a~d having its principal plate of b~s~neu in the Ciry of Fwt Pie.ce, St. Luc~e County, Fla;d~, hereinafter designated as the "MORTGAGEE:' WNERfAS !hs MORTGAGOR is j~sdy indebted 1o the MORTGAGEE in the sum of S- 15 ~~0 , good and lawful money of the Un~ted Srates advanced by the MORTGAGEE unto the MO4TGAGOR, as evidenced by a certa~n prom~uoay note of eve~ dste herew~th, of wh;<h tha foilowirp i~ words and (iguref is a frue topy, to~wit: s. IS~~~•~ Np_ I~AlQf,~4 Fwr Pierce, Florida, Noveaber 1 ~p~_ Fw va~ue received, 1, we or either of us, promise to pay, withoul defalca?ion, to the order of FIRST FEDERAL SAVINGS ANO tOAN ASSOCtATtON OF x FORT PIERCE at Fo~t Pierte, Florida, Ihe sum of s_ 15~~~.~ w~th inrerest f~om date at the rate of ~aQ_°o pe~ annum, in monthty install- :~,ems as fo~!ows: s 182•~ lOth daY ofDeeeaber ,~q 72 and a like sum on the corrcspood~ng day of each month there- arfzr untit fhe whote be fuHy pdid. Each installment first shal! be app!~ed in paymeN of the interest and then on the unpaid balance of the p~inclpal sum. If d auh is made in the ; ayinent of any installment when d~e, and such dEfault continues 30 days, the~ at the option of the holder, and without any other notice, all the remai~ing ~~,srallments shail be due and payabfe at once. .Privitrge is given fo prepay this note in whole ot in p~rt al any time withoul penalty. NeitF~er fuebearance, 4 nor acceptance by the holder thereof aftei any default irt any paymtnts hereon, shall be deemed extension. A late payment thargt of s 9. 10 shall be added to each installment remaining unpa:d 7 days after its dve dafe, and a tike sum shafl be added to each such installment remsining unpaid 7 days ~fter each succeed~ng payment date. ~ Each maker, surety and endorser hereof, joinNy and severally, waives demand, presentment proteat and no~ice of protest fpr nw~payment, artd f~rthet agrees to any eatension of t~me o4 payment, either before w after maturity, wifhout not~ce to any of us; and to pay all costs of collevion, including ~ reasonabie atromey's fee in the event of any default hereu~der, and htreby severa~ly waives afl bonefit of homestead and exemption unde? 1he consfitution :~;~d laws oi each State of ~he United States, as against this obligation ot any extension o~ re~ewal~~~ RIVBR INVBSTI?BNT CoRPORATYON Witness the hand and seal of each party. By; s/ John D. Ellis, Sr. , Presi~t (sEwtl Corporate Sea1 Affixed ts~?u Attest: s/ Wilester Moore i cre~jy ( ~ 22 • SO ~ Stafe Revenue Eb*swryrs-cwneil~~r-e~i~iwai w«~ ~ NOVH, THEREFORE, the MORTGAGOR fo? the purpose of secu~irg payment of said sum of S 15'~~~•~ snd fhe performanca of ths covenanrs a~d agreemems hereinafre? expressed, and fw dive?s good and vatuable considerations, by these prese~ts, does grant, bargain, sell, remise, recease, convey and confirm unto the MORTGAGEE, its succesaors and assigns, a!! that ce?tain bt, piece or partel of Iand, aituate, lying, and being in the Co~nty of - Sa lT1t LUC ie and State of Fbrids, described as follows: ! Lot 14, Block 4, and that portion of Dunbar Street lying between Lot 14, B2ock 4, and Lot 9, B2ock 2, in SMANCIPATION PARR StBDIVISION, according to the Plat thereof recorded in Plat Book l, page 38, of the Public Records ` of S aint Luc ie County, Flor ida ~ . ~ ~ t4 STATE fl~ FLCJRiDA ~ " S T A_____M_ Q_1 A> ~ ° ppCtJMENTARY °c-' a° DEP2. dF REIENUE ~ - 7?.~ Z Z• ~ O ~ C~ IN P1IYMENT OF TlU~PS o= P.Y. ~ RECEIYE~ , y.V. PRODEKIY. o = t~~o2 ~ ~ ~ ~,u'C' INTANOIeIE PE`~50: ~ PURSWKi ~ CHAPiER 71-13~. ACtS O F l y/ l. ROGER P01TitAS ' , ~ttK CIRCUII CW~T~ SS. i11ClE CO., ~ togethet with aN and sirtgular the tenemmts, }xreditsments •nd appurtances therevn~o belonging or in anywife spperfaininy thtrefo, and ~H rents, issues, S proceeds and profits acuuing and to accrue from said ptemixs, all of which are included io the above and foregoiny dexriptwn ~nd habe~dum. TO HAVE AND TO HOID the above described and granted premises unto the said INORTGAGEE, its successws and auiq~ fareva. Md t!M a1d ,~ORTGAGOR for ItS------ hei~s, executors, administro~ors and assigns, hereby covenann with the said MORTGAGEE, iti sutcetw~s and asstQns, f tfiat --1Z-15----- (awfully uiied of the said prcmises in iee sim le; that the same ue free, clear and dixhar ~ P ged-droaa~all liens and ~ncu~ bra~ces in law w in equity, and that lt r,v)II and 1tS heirs shall wsrrant sod defend the title fo the same fo ths taid MORTGAGEE, its successors and asslgns, fwever against the Iawful claims snd demands of all persons; PROVIDED, ALWAYS that if the MOR7GAGOR shall psy unto the MORTGAGEE the promissory note hereinbefors described snd shall truly, promptfy and fully perform, d~xharge, execute, complete, comply with ~nd abide by each a~d every the stipulations, sgreements, condifian and covenants of s~id prom~ssory note and of this Mortgage, then this Mortgage and tix Estate hereby aeated shsll cesse and be nu~l and void. IT IS UNDERSi00p that the wwd "Mortgagoi' whethe~ in tF?e singular a plural anywhere in this Mortgsge, sl~sll be singul~r if one only and shall be plural jointly and severally if more thsn one, and that the wwd "their" as vsed anywhere in this Mor~gage shaN be taker~ to mean "his;' '?xn;' . or "ets," wherever the context so impiies or sdmits. Alw, that wherever there is a reference in the covenants and sgreements herein oontained to any of ~he parties herNO, the ssme shall be consnucd to mean as well ai the hein, kgal representatives, successws and asi~gns (eitF?e~ vofunt~ry by sct of th~ parties or invotuntary by operation of the law) of the same and that ti~e covenanri lxrein contairxd shall bind and the benefiri end advants~q inure ro the respective he~rs, legsl representatives, successors and ass'gns of tF?e parties Ixreto. And said Mortgagors, fw tFxmselves and their hein, legsl reprox~tatives, successws a~d auigns, hereby jointly and severally covenant and ayree ro and with the said MORTGAGEE, its successws a~d assigns: 1. to pay atl and sirgulsr the principal and interest and the various end sundry sums of money payable by virtue of said promitsory note, ~nd this mortgage, each and every, promptly on the days respedively the same severally become due. 2. To pay stl snd singular the taxes, asseasmentt, levies, lisbilisi~s, obligations and e~tumbrsnces of every n~ture ~nd kind now on said desuibed property, p that hereafter msy be imposed, iuffered, plated, levied, w auessed thersqr?, p tlut hereaffer may be levied w asaessed upon fbis Mort~- age, w the irKkbtedness secured hereby, each and every, when due andpa ysble, accordinp to law,. before t1+ey become delinquent, and before ~ny inter~st atrachls or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS bf RKORD THE SAME SHAtt BE PROMPTtY SATISftEO AND DISCHARCiED OF RECQRD ANO THE ORIGlNA~ OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, iHE TAX RECEIPT OR THE SATISfACTION PAPER OffICIAIIY ENDORSEO OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event 1Mt any thereaf i~ not ? paid, sat"sfied and discharged sa'd MORTGAGEE may at any time pay rhe same or any pan thereof without waiving or affecting any optan, lien, eqvity w •~qht u~der or by virrue of this mortgage and the full amount of each and every such payment shall be immediate(y due and payable and shall bear i~terqt <<om the date thereof until paid st rate of n~ne per centum per annum •nd together w~th such interest shall be secured by the Iien of th:s mwyfaye. y 3J~! PAG[ ~7~LJ. ~ ~~r. ~ n:~ ~ _ - ~ . ~ ~ a ~~,.r~ ~ ~ , ~