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HomeMy WebLinkAbout2183 THIS INOENTURE. M~de the 1~t day of ~C~beY q,p, ~q p~~M,~~ _ _ wi2lia~ K. Nitt a~d ~n M. Hitt, his xife of - SL~ LI1C~~ ~ C~n~y Florida, he~einafter desi9n~ted as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION Of FORT PIERCE. a corpo.at;on u9~nized and exis~inq unda the•:liws of tM Unitsd St~~of of Ameriu and havinp ib principal pl~ce of bvsinsss in ~he City of Fut P~.cs, St. Lucis Counry, Ftorida, he~einafter des~gnated as tM "MOR~GAGEE:' WHEREAS ths MORit3AGOR is jvtNy indebted to tFy MORIGAGEE in ths sum of = 1~+..~~0~(~,~__, good and lawfui money of the Unitcd States advancad by the MORTGAGEE unto tMs MORTGAGpR, as evide~ced by a tertain promiuory~ note of eve~ da~e herewith, of which the foilowin~ in = or 13~nt~ .19f~• ~y a lrus topy. to-wit: ~ ~50o V 1001913S Fort Pkrce. Flo~ida. ~Ce~QY 1 _li1.Z~_ Fw value ~eceived, 1, we or either of us, promise to pay, without defalcation, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATIOi~ OF fORT PIERCE at Fwt P~erce, Flo~ida, thc sum of = 13;5~. ~ w;th inrerest from date at the rate of 1`~ pe? annum, ih monthFy i;xtell- ments as follows: S t~Os~ on the _~Qtit1 _ay of a~~u 19~_ and a like aum on the cwrespond~r~ day of each n~onth t~wre- ~ after until the whole be fully paid. Each instal(ment first shatl be appl~ed in payment of the interest and ri,en o~ ~he unpaid balance of the princ~pa) a;~m. If default is made in the payment of any installment when due, and such default co~tinues 30 days, then at the option of the holder, and without sny othrr notica, all the remaining ~nstallme~ts shall be due and payable st once. Privilege is given to prepay this note in wFwle a in psrt at any time without penalty. Na'fher forebea~ance, nor acceptance by ~he holder thereof a(ter any default in any payments hereon, ahatl be deemed exttnsion_ A late payment cha,ge of 7~, shall be added to eath installment remaini~g unpaid 7 days after its dve date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. ' Each maker, surety and endwser hereof, jointly and severalty, waives demand, presentment p~otast snd notice of p~otest for nonpayment, and fvrfher agrees to any extension of tlme of paymem, e~ther before or after maturity, without not~ce to any of us; snd to pay all costs of cotlettion, Includi~g a reasonable attorney'a fee in the event of any default he~eunder, and hereby severally waives all benefit of homes~ead and exemption under the constitution and taws of each Stare of ~he Uni?ed States, as against thiz obli~arion or arty extension o? renewal hereof. Witness the hand and ual of each pa~ty. ~1 Willia~ K. HitE ts~?u s/ Ann M. Hitt ~U ~ s20.25 ~ Srare Revenve «U (trr~ ~aw~Ysd ~w ~i~irwl.wo~e) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of 13 ~ SQ~. ~ , and the perfo?mance of ths covenants and agreements hereinafter expressed, and fw divers good and vatueble considerations, by these prescnts, does grant, bar~sin, selt, rem~u, release, tonvey snd confirm unto t4e MORTGAGEE, its succeuors and auigns, atl that certain lot, piete or parcel of land, situate, lying, and being in ths County of St. Lueie ~nd State of Flwida, dewibed ~s follows: Lot IO, Block 2, MARAVILLA TBRRACB, as per plat thereof on file in Plat Book 5, Page SO, of the Public Records of St. Lucie County, Florida~' ~ ~ s ~ ~TAT OF o= ~ DOCUMENTARY ~L~R~aA ~ RECE1vED ~ DEPI.OF ~,,STAMP ~n X + ~ IM PAYMENi pF ~y ~ REVENUE,r . DUE ON CU1SS'C INTIW6IBLE PERSONAI P°OPOt1Y~ ~ ° ~ pt ~ ~'~~'~'I~ ~ . • + ~ ~ ~ + PURSUANi TO CFIAPTER 71-134, ACTS OF 19/i. a~ ~~~02 S f rsocE~ Po~rw+s ~j.T~-~,j~ ' tt~ERK CIRqIIT COURi, Si, lUC1E C0~ }u rogether with all and singular the teneme~ts, hereditsmenn and appurtances there~nto'belonging or in a~ywise appertaininQ fhe~e% and all rents, issves, proceeds and profib sccruirg and to sccrue from said premises, all of which are inclvded in the ~bove and foregoing description ~nd habendum. TO HAVf AND TO HOl the above desuibed and 9ranted premises unto the said MORTGAGEE, ib s~xcetsors snd ~uip~s fweve?. Md tM said MORTGA R for tbe~r heirs, executors, sdministraton snd assig~s, hereby tovc~anfs witl~ the s~id MORTGAGEE, iri succeuors and ~uipm, rhat t~e-~/ aYe - lawfvlt uited of ihe wid Y premises in fee simple; that the ssme are frae, ckar and dischsryed from ~fl liens and tnc~nr brances in law a in equity, and that th'e~_ will and t~e~ heirs shail w~rrant snd defend the title ro fhe sams to tM said MORiGAGEE, it~ tuccessors and assigns, forever against tF~e lawful claims and demands of all persons; PROYIDED, AlWAYS that if the MORTGAGOR shalt psy unto the MORTGAGEE the promissory rate hereinbefwe described ~nd sMll truly, promptly and fully perfo~m, d~xMrge, execute, compkte, comply wirh and abide by esch and every the stipvlai~a~s, agreemenri, conditaro and covensnh of said promissoryr note end of this Mortgage, then this Mwtgage and ti?e Estafe he~eby uested shall ce~se and be n~ll and void. !T IS UNDERSTOOD fhat tF~e word "Mortgsgw" whether in the singular or plursl anywhere in this Mortyaye, sF?all be tinpular if on~ only and shall be plural jointly and severally if more than one, and that the word "their" as u~ed anywixre in this Mortgape thall be uken to mean "his:• ••hen•• or "its," wikrever the context so impties or admits. Alw, that wherever there is a referente in the covenants ux! a~reements herein co~?tsined to any of the p~rties herero, the ~ame shall be construed to mean at well ss the heirs, legal tepresentatives, s~ctesson and suigra (eiti~er voluntary by acf of th~ parties w involuntary by opention of the law) of the seme and thaf the covenants herei~ contained shafl bind •~d rhs benefin .nd .dvan~ayea invrt ro the ~espective beirs, kgil reprexntatives, svcceuors and au~g~s of the parties F~ereto. And ssid Mortgsgors, for themulvei and their heirs, legal reprexntstives, succeuors and ~uiyns, F?ereby jointly a~d severally tovenant and ayne to and with the uid MORTGAGEE, its socceasors ~nd ~ugns: 1. To pay all ~nd singvlar the principsl and imerest snd the varfoua and sundry wrrw of money p~yabte by virtue of said prom;ssory nete, and thu mo?tgage, eacF~ and every, promptly on the days respectively the same severally become due. 2. To pay ~II and siry~lar the tsxes, a~sessmenn, levia, liabilities, obligations a~d eexumbrancq of every nature and kind now on s~id described Property. or thst hereafter m~y be im~wsed, wffered. Placed, kvied, w suessed thereon, or 1Mt hcreafter may be kvied or sud~ed ~poe this Morty. ege, or tl?e lndebtedneu secured Frcreby, each a~d every, when due and psysble, accadiny to Isw. before tF?ey become delinquent, snd bafor~ any iMaest artaches or •ny pen~lty is irKUrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTLY $ATISfIED AND DISCHARGED OF RECORD AND THE ORIGtt3Al OFftC1AL pOCUMENT (SUCH A5, FOR tNSTANCF, THf iAX REGEIPT OR tHE SATlSfACTlOIV A/1PER OFFICIALIY ENDORSFD OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tix event that any thereof is not paid, sat'sficd and diuharged said MORTGAGEE m~y at any time pay the same or any part tF~ereof without waiving o~ affecting any option, lien, equEly p •~qht under or by vinue of this mo~tgage and the full smount of each and every such payment shall be immediately dw ~nd paysbk a~d shal) be~~ interest i•om the date thereo~ until paid at rate of nine per centum per annum and together w;th sutF~ inleres? shall be secured by the lien of th:s morptspe. 60iRiK ~lJ~ ~AGf ~ ° 2_83 ~ ~ ~~=i ~ ~ c} ~ - ~ - ~ a~ - ~ ,m ` ; . , _