HomeMy WebLinkAbout2185 THIS INOENTURE. Mad~ the 3~d day of N~V~beY A.D. 19
7?„ bNwee~
Robest J. Foster and Ruth H: Roster, his witt
of St • i'liCie Covn~y Florida, hereinaflN de~ignated as the "MORiGAGOR," and fIRST fEUERAI SAVINGS AND tOAN
ASSOCIATION OF FORi PIERCE, a corpaa~ion orga~izcd and existing under the laws of the Unit~d Sta~os of America end Mvi~g i~s principd pl+ce of
buunesi in tM City of Fwt Pierce, St. luci~ County, Flaida, herei~af~K des~gnated +s th~ "MORTGAGEE: '
WHEREAS the MORiGAGOR is j~stly indebted to the MORTGAGEE in the sum of i-~i.Q~ S~` ~ 9ood a^d lawful money of the United
Stats~ advanced by the MORTGAGEE unfo tlx MOR~GAGOR, as evidrnced by a certa~n promiuory note of even dafe herewith, of wh:ch the followin~ in
wwdi and figures is a trus copy, ro-wit: -
: 2~ ~ 500~ 00 ' No ~.0019024
Fwt Pierc~, Florida, NOV!!b@1 3 ~~2
Fw value rcce~ved, 1, we c~ either of us, promise to pay, without defalca~ion, to the order of FIRST FEUERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sur~ of i 2OL5~~~ with interett trom date at the rate of 7laL:o per annum, in monthly install-
ments as ioltows: S 152LQ_~ w, t~ 1Qth d.y ot -~;~rii , 192~- and a like sum on the co~r~spond~ny day of each rtw~th therr
~ afte? untii the whole be fully paid.
~ Each installment tirst shall be applied in payment of the interesl and then on the unpaid bslance of the principal sum. If default is made in the •
E:ayment of any installment when d~e, and such default continues 30 days, then at the option of the holder, and without any other notice, all the ?emaining
~ ~ns~altments shall be due and payable at once. Privilege is given to prepay th~s note in whole a in part at a~y time without penalfy. Neither forebearance,
~ nw acceptance by the holder thereof after any default in any payments hereo~, sfiall be deemed extension. A late payment charge of S 7~ 6O _ shall be
' added to eath instal{m,ent remaining unpaid 7 days sfter iM due date, end a like sum shall be added to each such installment remaining unpa?d 7 days after
each succeeding payment date.
~ Each maker, sure~y and endo~ser hereof, jointly and severally, wa~ves demand, presenrment protest artd notice of protest for nonpayment, and further
agrees to any extension of t~me of paymen~, either before w after maturity, without not~ce to any of us; and to pay all coats of collection, includ~ng a
• reasonable attorney's fee in the event of any default hereunder, and hereby seve~ally waires all benefit of homestead and exe~nption under the constitulion
7 and laws of each State oi ~he Unlted States, as aga~nst this obGgation w any extension or rcnewat hereof.
Witness the hand and seal of each party_
s/ R t J. Foster ts~AU
\ (SEAI)
" R cs~?u
cs~?q
\ ~ $30~ 75 ~ S+ate Revenue .
bW.~r.uos~Y~rL ~rr.~ci~rri aatd
NOW. THEREFORE, the MORTGAGOR ior the purpox of securing psyment of sa7d sum of S 2O t 5~~ ~ and the perfwmance of 1hs
1 cowenants and a9reements hereinafter expressed, and for dive~s good and val~sble cons~deretions, by the~e presents, does granL bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its ivcceuo~s and auigns, all that ceriain {ot, piece or parcel of Isnd, situate, lying, and bei~g in the
" ~~~~y of $t. Lueie snd State of Fbrida, dewibed as fdlows:
~
Lot 13, Block 3123, Port St. Lucie, Section 45, as per plat
thereof on file in Plat Book 16, Page 25, of the Public
Records of St. Lucie County, Florida
,
i
I
~ .
oF FLORIDA
STATE ~
~ OOCUMENTARY STAMP 1A7i ~ 00
~ c°~ AEPT. OF (tEYEMUE ' RE~~ " 1N PAYMENf OF TI1~S
o_ pA.' ~+fC•S'lZ ~ : 3 O. T 5 ~ DiIE ON CLASS'C' INTANGIBLE PERSONAL PFOPER~Y,
PURSiIANi TO CNAPiER 71-13~, ACTS OF ly/t.
. o =11102 •'••«I I ROGER POITRAS
ClERK CIRCUIT (~t1RT, ST. LUCIE CO., fLA
together with all and sirgular the tenemrnts, he~editaments and appurtances thereunto belonging or in +nywise appe?1+In7~g tFxreto, and slt tents, iuues,
prxeeds and profin acuuing and to accrue from said premises, all of which are included in the abovs and fwegang descriptwn and habendum-
TO HAVE AND TO HOLD the above dexr7bed and graNed prem~ses ~nto the said MORTGAGEE, its succes~ors and asi~gns forever. And tM s+id
MORTGAGOR fw their ~~rs, e:ec~fors, administrstors and auigns, hereby covenanb with the said MORTGAGEE, ib avcceason ~nd auipro,
~ ihaT lawfully xized of the said premises in fee simple; that the same ue fres, dear ~nd discFwryed from ~II liero and tncum-
brances in law w in eq~ity, and thst they W~~~ their hein sMll w~rrant and defend the title to tF~e same to the uid
MORTGAGEE, its successors +nd suigos, forever against the lawful claims and dem~nds of ~II persons;
~ PROVIDED, AlWAYS thst if thc MORTGAGOR shall pay u~to the MORTGAGEE the promissory note hcrei~before destribed and shall frvly, p?omptly
~ and fully perfwm, d~uF?arge, execute, compte~e, comply with and ab~de by esch and evcry the stiputations, agreements, cond;~ions and covenann of ~aid
promisswy rate and of this Mortgage, t}~en this Mwtgsge and the Estate hereby «ested sh~ll cease and be null and void.
IT IS UNDERSTOOD fhat the word "Mwtgagor" whether in the singular or plural snywhere in this Mortyage, slull be sinyular if on~ only ~nd
~ shall be plural jointly snd severally if more than one, and that the wwd '9heir" ~s vsed anywhere in this Mortgage shsll be taken to mean "his:• •'hen••
or "ib;' wherever the context so impties o~ sdmits. Also, that wherever there•is a refaence in the covenants a~ sgreemenri herein contained fo a~y of
rhe parties hereto, the iame shall be construed to mesn as well ss the heirs, kgal rtpresenuYrves, successon ~nd auigns teither voluntary by act of th~
~ parties or imoluntsry by operstan of the law) of the same a~d that the covensnts herein contained thall bind and ihe bensfits and advantayp inur~
ro the respective heirs, leyal represeMatives, successors and ass'9ns of the psrties hereto.
~ And uid Matgagors, fw themselves and tFxi. hein, leg~l reproxntatives, successors and +uipns, hereby joinNy and teverally cove~ant and ayree
ro a~d with ti~e said MORTGAGEE, its successors +nd suigro:
. 1. To pay +11 and ~ingular the principal and i~terest ~nd the various and aundry sums of money payable by virtue of said promissory not~, and thit
~ mortgage, each and every, promptly on the days respectively the same severally become d~re.
~ 2. To psy ~II and singular the taaes, sssessments, levies, liabilities, obiigstions and enn?mb~nces of every nature and kind now on said described
property, or that heresfter msy be imposed, suffered, pl~ced, kvied, w assessed thereon, w that he~eafte~ may bs kvied a asuased upon this MortQ-
~ age, w the indebtedness ucured hereby, each and every, when due and payable, auwdinp to law, befort they becorrK delinquent. ~~d before any iMeres~
~ attaches or any'penalty is incurred; AND INSOfAR AS ANY TMEREOf IS OF RKORD THE SAAAE SHAII BE PROMPTLY SATISftED AND oisew?ec~o OF
RECORD AND TME ORIGIPIAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED
OR CERiIFIED) SHAII BE PLACED IN THE NANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tix event thst ~ny thereof is not
paid, sat'sfied and distharged sa:d MORTGAGEE may +t any time psy the seme or any part thercof without wsiving o? affectirg any option, lien, equity ot
•~qht under or by virtue of this mortgsge and the full amoun? of each and every svch payment shall be imnediately d~e and psyable +nd shall bear inte+dt
s•om the date thereof until paid at rate of nine per centum pe~ •nnvm end togetF~er with such tuoes secvr.~r.~~1,., en of th's morgta~e.
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