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Home My WebLink About5141 245061 ~ THIS INDENTURE, Made the 7th day of ~eceaber ~ A.D. 19~C~ bNween t,ouis C. Madison and Blaine L. Madison, his wife of St_ L~ie County Florid+, he~einaitta des~gnated a~~~~e 'a110RTQQQDR,~' and fIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF FORT PtERCE, ~ co~poralion or9~nized and ex~s~ing unde. the Iaws di ths United Sut~s of America and having its p~incipai pt+ce of businsu in ~Fw City of fort Pierc~, St. tucie County, Florids, hereinafte~ des~ynatQd ss tM "MORTGAGEE." WHEREAS th~ MORTGAGOR is justly indebted to the MORTGAGEE in the sum of =_~y2.~-~ good and tawful money of the Un~ted Srates advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certain promissory note of even date harewith, of wh~ch the following in words and figures ii a true copy, to-wit: ~ s 22 , 200~ 00 . • 10019159 Fwt Pierc~. Florida. ~C@RaP~ 7 19~~s. For value ~Keiv2d: we a eithe? of us, prom~u to pay, wirhout defalcar~on, to the ordrr of FIRST FEDERAL SAVIf~GS AND IOAN ASSOCIATION OF G•~RT PIERCE at Fwt Pierce, Fbrida, the sum of :_~ea2~~~ - with i~reresl from date at the rate of ~s~?o per annum, in monthly install- ~ ~ 179 ~ on the _~~1d 19~_ d s like sum oo the cwres ~ da of each month ttxre- ~ ..:r~.~s as fo~.ows: S ~ ay of __Ms'Lj~ an P~d~~9 Y t~ ;'rer until the whole be (ully paid. Each installment first shall be appl~ed in payment of the interest and then o~ the unpaid balancr of the princ:pal sexn. If default is made in fhe \ ~,;ment of any instatiment when due, and such defautt continues J(1 days, then at the opt~on of the hoidar, and without any other notice, all the remaining .:~s~allments shall be due and payable at o~ce. Privilege is given to prepay this ~ote in whole or in part af any time without penafty. Neither forebearance, ~ nor accsptance by the holder thereof after any defauh ie any payments hereon, ahall be deemed extension. A late paymeM charge of f_~~, shall be J ::ided to each instaltment remaining unpa~d 7 days after its due date, and a like sum shafl be addad to each such instaitment rema~mng unpaid 7 days aftet eacn aucceeding paymeM da~e. 3 Each maker, surety and endorser hercof, jointly and severally, waives demand, presentment protest and notice of protest for nonFayment, and further ` agrees to any extension of time of payment, either before or after maturity, without no!~ce to any of us; and to pay all costs of coflection, including a ~easonable attorney's fee in the event of any defau~: hereunder, and hereby saverally waives all benefit of homestead artd exemption under the constitution - a~~d laws of each State of 1he United States, as against this obGgation or any ex~ension or renewal hereof. s Witness the hand a~d seal of each party. ~ s ~Lo~.~is C. Madison ~n~~ ' 1 J'L~.t.d ~ - (SEAI) ~ ` (SEAL) ~ c~au ~ $ 33. 30 ~ State Revenue . i5+aw~.w~c~lld~o«i~iwai~~ ' NOW, THEREFORE, the MORTGAGOR f« the purpose of securing payment of said svm of S 22 ~ 2~' QD and the perfwmance of ths ~ covenants and agreements F~ereinafter expressed, and for divers good and valuable cons~derations, by these presents, does grant, baryain, sell, remise, ~ re!ease, convey and confirm unto the MORTGAGEE, its successors and ass7gns, all that certain lot, piece or parcet of land, sLtuate, lying, and being in the ~ Couny of $t. LL1CiQ and State of Flwida, dexribed a~ follows: Lot 7, Block 395, Port St. Lucie, Section 6, accoYding to the plat thereof in Plat Book 12, Pages 36A, 36B, 36C and 3GD, in the Public Records of St. Lucie County, Florida ~ ° .R ~ STATE ~F FLORIDD?- ~ ¢ DOCUMEINTARY ST~~ > ~ ` °c-~ DEPT.~ O~ RE~EHUE ~ RECEtVED ~ G IN PAYMENT Of T~(E3 ~i i o _ p~ _ a.~q-tl,~~ 3 3. 3 0 ~ DUE ON CU1SS'C 1NTANGIBIE PE1S~Nal. PR~ERtY, ~ T~ PURSUANT TO CHAPIER 71-134. ACTS OF 19 1l ° - ':~~2 ~ ROGER POITRAS ~ ` o- - ` CLEAK CIRqIIT COURi, ST. WCIE C0~ ~ ~ € ~ ~ ~ rogether with all and singular the tenements, hereditaments and sppurtances thereunto belonging or in anywiu appertaining thereto, ~nd all rents, issues, proceeds and profits accruing and to accrue from said premius, all of which are included in the above and foregoing description and habendum. ~ TO HAVE AtJD TO HOID the above described arsd granted premises unto the said MORTGAGEE, its successors and ~uigns fuever. And th~ said ~i ~ 'AORTGAGOR for h~+~s, executws, administrators and assigns, hereby tovenanb with the ssid MORTGAGEE, itt successors ~nd ~tsiyrn. ~ •hat -~h~-~~--- lawfully uized of the said premises in fee simple; that the ssme sra free, clear snd diuharged from aU Iieru snd enturt?~ ~ ~ brances in law w in equiry, and that t- hQ~! will and ~hai r_ hein shall warrant and defend the title to the same to t1~a said q !.10RTGAGEE, itt ivccessors and assigns, forever against the lawful claims and demands of all perso~i; ? PROVIDED, AlwAYS tFwt if fhe MORTGAGOR shall pay u~to the MORTGAGEE the prom~ssory note hereinbefote dexribed snd shsll truly, promptly !3 and fully perform, dixharge, execute, tomp~ete, comply with and abide by each snd every the stipulations, agreements, tonditioru and tovenanfs of said promissory note and of this Matgagr, then this Mortgage and the Estate hereby created sh~ll tease and be null and void_ IT IS UNDERSTOOD that the word "Mortgsgw" whether in the s~n9ular w plural anywhere in this Mortgsge, shall be singulsr if one only and ~ shall be plural jointly and sever~lly if more thsn one, and that the word "their" as used +nywhere in this Mortgage ihall be taken to mesn "hit;' "hen," or "its;' wherever the conteat w implies or admits. Also, that wherever there is a reference irt the covenants and agreements herein conhined to any of rhe p+rtiei hereto, fhe same shall be co~strued to mean st well as the heirs, legal ~epresentatives, succeuors and assigns (either volunury by +ct of the ~ parties or involuntary by operation of the law) of the same and that the covenants herein contained shalt bind and the benefits and adv~nqyes inure _ ro the respective heirt, leg+l represenratives, sutcessors and au~gns of the pa~tiq hereto. And said Mortgagors, for tixmselves and their heiri, legal representatives, successon and assig~s, hereby jointly and uverslly covenant and ~y?ee ~ ro and with the ssid MORTGAGEE, its successors snd assigns: 1. ?o pay all and singular the principsl and interest snd the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, esch snd every, promptly on t1x days respectively ~he same severally become due. 0--'-- ~::.~.::c:c<' ,.wr ....1 ...1.._..~. nf .,.ry n,.t.~rw anr~ kir~ eaw on said defcribed 2. To pey sll and ~ingular the taxes, assessments. ~~.y-..~.• • property, or that hereafter msy be imposed, suffered, plxed, levied, or assessed thereon, w that heresfter may be levied or usessed upon this MortQ- age, a the indebtedness iecured hereby, each and evay, when due and payatle, accading to law, betwe they become delinquent, ar+d befwe any interest ;rtaches or a~y penalty is int~rred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI BE PROMPiIY SATISfIED AND DISCHARGE~ Of RECORD AND THE ORIGINAI OFfICIAI DOCUMENT ($UCH AS, FOR INSTANCE. THE TA% RECEIPi OR 1HE SATISFACTION PAPER OFfIC1ALlY ENDORSED - OR CERTIFIED) SHAII BE PIACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AfTER PAYMENT; and in the event that any thereof is not _ pa~d, sat sfied and discharges! u:d MORTGAGEE may at any tlme pay the same w any part ~hereof without waivi~g o~ sffecting any option, lien, equity or •~~ht under o~ by virtue of this mor~gage and the iull amovnt of each and every such payment shall be immediately due and payable and shall bear interest ~~om the date thereof until paid ar rate of n~ne pe~ cent~m per annum and toge~her w~+h such interest ihall b~ s{~cur by the lien of th's mwgt~ge. eo~~ ~09 ~a~,- ~ ti~~3 ~ w ~ ~ ~ > . ab~ ~.#..:w~W F