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HomeMy WebLinkAbout2189 THIS INDENTURE. Made ~h~_ 29th day of ~~~beZ A.D. 19 7? - between _ Jacob Pres~ and Geraldinp L~ pxeSB~ h;. .r;fo ~ . of SL. j.\iCl@ C~nty Flw~d~, hereinafta deignared as the "MORTGAGOR." snd FIRST fEOERAI SAVINGS AND IOAN ASSpC1A1tO7V OF fORi PlERCE, a corpaation orpani:ed and exi~ting under the laws oi the United Sutis of Ame?ica a~d heving iri principd p;scs of 6uuness in ~hs City of ~wt Pierce, St. l~cis County, Florida, hereina(~er deiigna~ed as tM "MOR1GAGfE:' WHEREAS tha MORTGAGOR is iustly indebted lo ~he MORTGAGEE in the sum of S--1S~OOO.~O and iawful money of ihe Un:Md Statet advanced by the MORIGAGEE v~to the MORTGAGOR, as evidanced by a certain promissory note of even date herewith, of wh~ch the toilowtr~ in wwds and (igures is a tr~e copy, to-wi~: s 18~UOO.QQ No 10019106 Fon Pce«., F~o.~d~, November 28, ~y ~2 For value ~eceived, I, we or either of us, promise to pay, without defaltat~on, to the order of FIRST FE~ERAL SAVINGS AtJD IOAN ASSOCIATIpN OF ~ORT PIERCE at Fort P;erce, F!orida, the sum of S- 18 • 000• ~0 - wirh inte~esr irom date at the ?ate of 7•-~ per aonum, in monthly install- ~~~ents as foltows: =___~Q~.QQ_ an the _1.QL~L day of -~L_...__, 19___~3end a like sum on the correspond~ng day of each month there- after untit the who!e be futly paid. Each installment first shaU be applird in payment of the intereat ared the~ on the unpaid bafance of the pr~nupal sum. If default is made in the Haymem of any instaiiment when due, and such defaulr cont~nues 30 days, then at tbe option of the holder, and without any other ~ot~ce, all the remai~ing ~ns~allments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time wilhout penalty. Neither forebearance, nor acceptance by the hotder thereof after any default in any payments hereon, ahall Fx deemed extenaion. A late payment cha?ge of S__-~...t_YShall be addrd to each instal(ment remai~ing unpa~d 7 days after its due date, and a tike sum shall be added to each such installment remaining unpaid 7 days afte? each succeeding payment date. Each m:.ker, surety and endorser hereof, joint~y and severally, waives demand, presentment protest and notice of protest fw nonpayment, and iurther agrees to any extension of +~me of payment, e~ther before or after maturity, wifhout not~ce to any of us; and to pay all costs of collection, includ~ng a reasonable atrorney's fee in the eveni oi~q y defauit hereunder, and hereby severally waives all beneiit of homestead and g~Cemption under the co~stitution a~-d laws of each State of Mse United Styes/as against, this ob~tion w any eztension or renewal hereof. j l> Witness the hand and seai o~leach rty. ` s1~l~' /Z--~'"~L--~' - i -1- ~ ~ %l r-~ c _?ar_nh Pr s s, (SEAI) ,'~~J ~ct.r-- ` . - ISEAI) J w / 6«t~ !f J a 17 , (SEAL) gf r,arA~d~ne 1-. p~BSS (SEAU ~ 27.~ ) State Revenue O~iL NOW, THEREFORE, the MORTGAGOR fa the purpose of securirg paymcnt of ssid sum of S 7~~•nA and the performar.ce of ths covenants and agrecments hereinafter expressed, and fo~ dlve?s good and va~wble considerations, by these presents, does grant, bargain, sell, remise, release, tonvey and confi~m unto the MORTGAGEE, its svcceuors and auigns, all that ceitain lot, piete or partel of Iand, situate, lying, and being in the County of - St. 1.11C1@ , and Stste of Florida, dewibed as followt: Lot S, Block 76, RIVER PARK UNIT NUh~BR 9, Part A, as per Plat thereof on file in Plat Book 14, Page 31, of the Public Records of St. Lucie County, Florida ~ STATE ~F FLORIDA ~ n= ~ OOCUMENTARY~1°`~~STAMP TAX ~ °c-~ DEPT. OF REYENUE ' , - ~ ~ ~ .,:c -s•~~ - - . ~ - - ~ ~y ' 0 9. 0 0 i ~ ~ ~ 1~ j ~`+w'~ + ~ . ~ ~~I•1'1 6~; -.~~....~..`~..~I~<~IVI--~~~ DOCUMENTARY STA M P i A X~ c°'+ D'EP7. OF REVfNUf y~!' y, ' ~ .~y. o P.0. ''?!C -S'72 3 : ~ 8. ~ ~ 1~~02 • t' o ~ fCEI 1'fD ` WE ~f~ CLq~s •c• 1~~7:.~C FArMEhT OF TA11~'~ , FJfi$uurit TU CNA.I t~ _ E f'E~SpN4L P %i-3'.4, 4t:T,i ~Rr"~ Clfft r RG•;~i; '?-lTF~;S ~'F 19J~ _ K IRC!!IT COIRI, ~/X~ ~ : Uh:1E CO FlA . , together with all snd singular the tenements, heredjtamenss ~nd appurtances thereunto belonging w in a~ywise appertaini~g thereto, u?d ~tl rents, iuues, p~oceeds and profits accruing snd to scuue from said premises, a!1 of wh;ch are included in the +bove and foregoing descriptwn and habendum. ~ TO HAVf AND TO HOLD the above descrlbed and granted premises vnto the said MORTGAGEE, its successon and asi~yeu forawr. Md tl+~ said MORTGA~ R for - t~ai-~- heirs, executors, adminislrators and aisigna, hereby covenants with the said MORTGAGEE, its suttesson ~nd ~sigrq, ~hat ---'-"ey are ~awfully seized of the sa~d premises in fee simple; that the same are free, clear ~nd discharged from all liens and enc~m- , branccs in law or in equity, and that theY wi11 and thedr heirs shall w~rrant and defend the title to 1he s~ms to the said MORiGAGEE, its successors and auigns, fwever against the law~ul claims and demands of all persons; PROVIOED, ALWAYS that if Ihe MORiGAC,OR shall pay unto the MORTGAGEE the promissory rate hereinbefore described. and shall truly, promptly and fully perform, d~xharge, execute, complete, comply with and abide by esch and every the stipulatwns, agreements, ca~ditions +nd covenants of said prom~ssory note and o4 this Matgage, tlxn this Mortgsge a~d t6e Estate hereby veated shall cease a~d be null and wid. IT IS UNOERSTOOD that the word "JNortgsgw" whether in tiie s7ngular w plvral a~ywhere in thes Mortgsge, shatl bs singulsr if one only and shall be plural jointly and sevenlly if more then o~e, and that the wwd "their" as used snywhere in this Mortgsge shsll be faken to me~n "his," "hers;' or "its;' wherever the context w implies or admits. Alw, that wherever there is a reference in ti~e covenanri ~nd sgreements herein contained to any of the parties hereto, the ame shall be construed to mean u well as the hein, leyal representstives, s~ccessors and auigns (either ~roluntary by ~ct of tht parties or involuntary by operation of the law) of the same and that the covensnts herein coMained shall bind and the benefits and advantsges inure fo the respective heirt, (egal represcntatives, s~ccessors and ass~gns of the parties hereto. And said Morrgagors, for thrmselves and their heir~, legal ~e~esentatives, succeuors ind assigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successors and sugns: ' 1. To pay all and singula? tfie principal snd iroerest snd the vssious and tundry sums of money psysble by virtue of said promiuwy note, and this mortgage, each and every, promptfy on the days respecrively the same severally becorne due. 2. To pay •tl and ~ingular t1~e taxes, assessments, levies, liabilit;es, obligations and encumbr+nces of every nature and kind now on said desaibed property, w that heresfter may be ~mposed, wffered, pl~ced, levied, or assessed thereon, or tMt heresiter may be levied w assessed vpon this Morty- age, a the indebtedneu secured hereby, each and every, when due and paysbie, sccordinp to Isw, before they become delinq~ent, ~nd belwe any i~terest attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED Of RECORD AND TNE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OffICIAIIY ENDORSED ' OR CfRitFfEO) SHAIt BE PLACED IN TNE HANDS OF SAID MOR~GAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; a~d in the event thal a~y tFxreof is not pa~d, ssYsfied and dixharged sa:d MORTGAGEE may a~ any time pay the same a any part thereof wi~hout wsiving or affecting ~ny option, lien, equity or •~qht under w by virtue of this morrgage and thc full amo~,nt of each a~d every such paymenf shafl be immediately due and payabk and shall bear interesi <<om the date thereof until paid at rate of nine per centum per annum and together with such inOr~t ~y~ sec~?~~~~ of ?h:s moryts9e, S~C1( ~VO F1Ct ~ ~n:~~a, , h. ~ , a : s . il . ~ ~ ~ ~`,a',y' - ~ . _ r~.;;,r ~~~'~-,~-~a = ~ . _ . ~~.rx~r -s ~ ..c..'z'a......'.