Loading...
HomeMy WebLinkAbout1189 ~~~ss : THIS INDENTURE. Made ~he 16th day of N~@~er A.O.' 19 .~z between Robert J. Bolfn and Daa RaQ Bolin~~bis wilt of St• j+11C~~ , CWnty Florida, h~~einafter de~igna~ed as 1he "MORTGAGOR." snd FIRST ffDERA! SAVINGS AND IOAN ASSOCIATtOM OF FORT PIERCE, a co~paarion organ;:cd ~nd existing under the laws of the United StatQi of Amcrica and Mving its principal place of busineu in ths City of Fort Pierce, St. lucie County, florida, hereinafter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is ivstly indebted to the MORTGAGEE in the wm o( i 21 l2~~ O0 , good and lawful money of the Un;frd States advanced by the MORTGAGEE unto the MORiGAGOR, es evidencrd by a certai~ promisswy note of even date herewith, of wh~ch tha following in ~ords and figures is a trua copy, to-wit: s ?1.,200_ 0o No 10019064 Fo?t Pierce, f{aida, N+~veaber 16 ~y~ For value received, I, we w e~the~ of us, promise to pay, without deialcation, to the order of F~RST FfOERAI SAVlNGS ANO LOAN ASSOCtAT10N OF FORT PIERCE at fort Pierce, ftorida, the sum of S-~!'2~~~ w;th inte~est from date at the rate of Z.a~°o per annum, in monthly instail- ~~eros as (ot!owsc S 171 on the ~~day of Januarv 19~~ and a like sum on the cwrespond~ng day of each month there- af~er until the whole be fully paid. • _ Each installment first shall be applird i~ payment of the interest and then on the unpaid balance oi the prinupat svm. If default is msde in fhe Faymenl of any instattment when ave, and such default continues 30 days, the~ a! the option of the holder, and without any other notice, all the remainiry . :nstallments shall be due and payabte at once. Privilege is given to prepay this nole in whole w in parf at any time without penalty, Neithe~ forelxaranCe, nor atceptance by the holder thereof afte~ any default in any payments t~ercon, shall be deemed extension. A late paymenf tharge of S~ shaU be ~ddrd to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each suth instatlment remaining unpaid 7 days after each succeeding payment date_ Each make?, surety and endwser hereof, jointly and severaHy, wsives demand, presentment protest and notice of protest for reonpayment, snd funher agrees to any extension of t~me of payment, eirher before or after maturity, wirhout not]ce ~o any of us; and to pay all costs of collectio~, inctud~ng a reasonable atro~ney's fee in the event of any default hereunde?, and hereby severalty waives all benefit of homestead and exemption under the conititution a~~d laws of each State of the United States, as against this obligation w any extensio~ a re~ewal hereof. Witness the hand and seal of each party. ~ s/ Robert J. Bolin ~Aa tsenU _ s/ Dea Rae Bolin ~AU ~ $ 31 ~ 80 ~ State Revenue ~U ~ytaa sur+Ji~ds~ ~is+~. ~sl NOW, THERfFORE, the MORiGAGOR for fhe purpose of securi~g payment of said sum of = 21~2~~~ , end the performsnce of the covenants and agreement~ hereinafter expressed, a~+d fw divers good and valusble considerations, by these presents, does grant, bargain, setl, remi~e, retease, convey and confirm unto the MORTGAGfE, its successors and assigns, al! that ~,~rrtain lof, pieu or p~rtel of land, situate, lying, and being in fhe Counry ot St. Lneie , and Stete of Fbrida, dewibed ~s fol~ows: Lot 2, less the West 5 feet thereof, and the west 8 feet of Lot 1, of a re-subdivision of the West part of Lot 40, MARAVILLA GARDBNS, UNIT ~1, as pez Plat Book 14, Page 34, Public Records af St. Lueie Cowzty, Floz ida , - '=r s UF ~~~R~~~' r:= OOCUMENTARY STAM P 1 A X~ , OEP- i.AF REVE tfETr I 6 ; K~ ~O _ = NOY21'T= • ~ I. ~ ~ ; RECf1YED °'j ~ M PAYMEKI OF TAXp s°'~- ~ ~ Dl1E ON CtASS 'C INTANGtBIE PERS~;i.~l P?Or'ERn~ j "~~1102 pURSUANT TO CFIAPTER 71-134. ACTS OF 1y/1~,~J" ' ~ , ROGE(i POITRAS ~ 4 CIEHK ClRqllt COURT, ST. IUCIE 00.. FUl ~ rogether with all and singular the terxments, hereditaments snd ~ppurtances thereunto btlonginy or in a~ywise appertaininp lheroro, ~nd ali rMtf, iuuet, proceeds and profits accruing and to acvue fram said premises, a!I of which are induded in the ~bove and foreyoing descriptio~ erxl habendum. ~ i0 HAVE AIVp TO HOLD the above desuibed snd grsnted prcmises unto the said MORTGAGEE, its s~cteuors u~d suigns forevp. Md tlr said ~ MORTGAGOR fa their ~xecutors, administrators and assigns, hercby covenanh with the s~id MORTGAGEE, iri sutcessora and asigm, i rhat -th~~g-- lawfully se~zed of the said premises in fee simple; that the same ue free, ckar ~nd dixharged from all liens and ~ncw~r ' brances in Isw o? in equity, and that tbe~l will and tb~~ hein shall w+rraM and defend the title to the ssms to the s+id i MORTGAGEE, its svccessors and assigns, fweve. against the lawfuf ctaims and demsnds of all perwro; PROVIDED, ALWAYS that if tF~e MORTGAGOR shalt pay unfo the A{pRTGAGEE fhe prom;iwry nate hereinbefore destribed ~nd shatl truly, promptly and fully perform, diuharge, eaecute, complete, comply with and abide by each and every the stipulsYwns, agreements, tonditions and covenanb of asid ' promissory note snd of this Matgage, then this Mortgsge and the Estate hereby uested shall cease and be null ~nd void. IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the s~ngular or plvral anywhere in this AAo?tgage, sF?all be singvlu if one only and sha11 be plu~at jointly snd severally if more ths~ one, and that the word "thei~" as used anywhere in this Morty~ge shall be taken to mean "his," "hers," or "its;' wherever the conte:t w implies w sdmits. Also, that whereva there is ~ refaence in tf~e covenanb and sgrecments he~ein contained Io ~ny of rhe parties hereto, tAe seme sl+all be construed to mean as welt as the heirs, kgal rep?esematives, s~ccesswi and auigns (either voluntary by act of the parties o~ involuntary by operatan of the law) of the same and that the covenants herein contained ahall bind ~nd the benefits ~nd advantsyd inure ' ~o the respedive heirs, legal representatives, tuccessora and au'gns of the parties lxreto. i • F And said Mortgsgors, fo? themselves ar?d their heirs, fegs! representatives, sutcessors and auigns, hereby jointly and severally covena~t and ~yree ~ ro and with the asid MORTGAGEE, its successors and assigns: ; 1. To pay all a~d singulsr thc principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this matgage, each and every, promptly on tF+e days respect~vely tlx same seve~aNy becort~e dve. 2. To pay ~11 snd singvlar the taxes, ~ssessrt~e~ts, levies, liabilitiea, obligations and entumbrsnces of every nature and kir?d now on said deacribed ' properry, or that hereafter may be impofed, suffe~ed, plsccd, levied, or auessed thereo~, d tMt he~esfter m~y be lev'~ed w ~ssessed upon this Mwt¢ ' age, a the indebtedneu secured hereby, esch and every, when due and payabte, according to law, belore they becane delirpvent, and befae any inferesl i atraches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAII BE PROAAPTLY $ATISFIE~ AND OISCHARGED OF RECORD ANO THE ORIGIfYAI OfFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR TME SATISfACT10N PAPER OfffGlAILY ENOORSED OR CERTIFIEO) SNAIt BE PIACED IN TNE HANDS OF SAID MORTGAGEF WITHlN 7EN DAYS NE%T AfTER PAYMENT; and in tF?e event that any thercof is no1 paid, sat'sfied and diuharged u:d MORTGAGEE may at any time pay tFx same o? any part thereof without waiving w sffecting ai?y option, lien, equ~ry or •~~ht under w by virtue of this mortgage and the full amount of each and every svch psyment shatf be immedialely dve and payabk a+~d shall btar interest <<om the date tF~e?eof un?il paid at rate of ~ine per centum per annum and toge~her ~~tiD • t est shall secured by the lie~ of tb:~ morgqye. ao~~~~~ Far~ : . ~ v'~~ . ~ . _ _ ='~~s~~