HomeMy WebLinkAbout5549 ;~4s36s c~,
THIS INDENTURE, Made ~he 26th dsy of ~@CQIIb@Y A.U. 19~.. between
- Ruth Hall a sin 1'
of St. WC~e County Flwida, hereinafta desig~ated as the "MOR~GAGOR," and F:RST FEOERAI SAVINGS A~1D IOAN
ASSOCIATION OF FORT PIERCE, • co?poration oryanized and exi~tinfl under the laws of the U~ited Stato~ of Ame?ica and having its principal place of
busineu in t1a City of forl Pierce, St. lucie County. Florida, Mrein~ft~r desiynated as the "MORTGAGEE."
WHEREAS the MORTGAGOR ii justly indebted to ths MORTGAGEE in the sum of S 6~~~'~ good aad lawiul money of the Un~ted
Srates advanced by the I/IORiGAGEE unto the MORiGAGOR, as evidenced by a ce~ra~n promissory note of even date herewith, oi wh:ch ~he ioilo~v~ng in
words and figurqs is a true copy, ~owit:
s 6 ~ppp ~W N,10019228
Fort Pierce, Flwida, ~ecenber 26 ~ ~q 72
For value rece~ved, t, we or either of us, orom;sz to pay, wi~hout defalca~~on, to tF~e order of FIRST FEDfRAI SAVINGS ANO LOAt~i ia550C1AilON Of
iORT PIERCE at Fort Pierce, Fbrida, the aum of S- 63-~~-*~ with ir.rerest (rom date at the rate of ~Z~ per annum, in moNhly install-
~nzn~s as Io:towa: S 57 on the l~th day of Rebruary , ~9_ 73 and a like sum on the carespond~ng day of each month there-
afrer ~ntil the whoie be fully paid.
Each instaflment first shall be apptied in paymrnt of the interest and then on the unpaid balance of the principal sum. If defaul? is made in the
paymenl of any installment when due, and such drfautf continurs 30 days, then ar the option of the holder, and without any other notice, all the remaining
~nsrallments shall be due and payable at once. Privilege is given to prepay this note in whole w in part af sny time without penalfy. Neither icrebcarance,
nor atteptance by the holder /hereof after any default in any payments hereo~, shall be deemed extension. A late payment charne of S~-. shalt be
added to each installment remain;ng unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining unpaid 7 days after
each succeeding paymenl date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpay~nent, and further
agrees to any extens~on of tin,e of payment, eifher before or after matur~ty, without no!ice to any of us; and to pay all costs of collect~on, includ~ng a
reasonable attorney's Fee in the event oF any detauit hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution
~nd lawa of each Srate of ~he United States, as against this obligation a any extens~on or renewal hereof.
Wi!r.ess tM hartd a! saa~ of exh pa.+y.
(SEAI)
s ut Ha , a single adult~~A~~
(SEAL)
(SEAI)
~9.~ ) State Revenue
(S~e+ept-cen~elkd~ araiyiwsF wete! ~
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of satd sum of s6 a~d the perfwmance of the
coveoants and agreemen~s hereinafter expressed, and for d~vers good and valuable considerat~ons, by these prtsents, dces grant, barga~n, sell, remise,
re:ease, convey and confirm unto the MURTGAGEE, its successors and assi9ns, a0 that certain lot, piece w parcel of Iand, situate, lying, and being in tfie
County of $t. Lueie and Sute of Flo?ida, described as follows:
Lot 20,.Block 2, of BUN~ PARK SUBDIVISION, as pez plat thezeof
recorded in Plat Book 10, page 18, public records of St. Lucie
'
County, Florida, , .
: oF Oi~IOA-1 .
gy A OO4UMEN_ARr TAMP iAY.~
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€ ; ~ Z- a' d IN PAYIrtEHT OF TIUtES
~ DtIE Od CtASS 'C' INTANGIBLE PERSONAL P?0?ERIY,
~ PURSIIANT 10 CF41PiEZ 71-134, ACTS OF Iy/L
~ ROGER POITRAS J
~ CIERK CIRCUtT COURT, ST. UlCIE CO., FlA
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~ together with all and singular the tenements, hereditaments and appurtances thereunto belonging p in anywise appertsining thereto, and all rents, iuues,
~ proceeds and profits accruing and to accrve from said premius, all of which are included in the above and fwegoing desviption and habendum.
~ TO HAVE AND TO HOID the above described and granted premises ~~to the said MORTGAGEE, its svccessors and assigns forever. And tM s~id
her-____
~ h50RTGAGOR for - hein, executors, administrators and assigns, hereby covenants with the s~id MORTGACaEE, its successors and ~uipro,
she will
~hat - - lawfvlly seized of the safd premises in fee simple; that the same are free, dear •nd discharged from all lien~ ~nd encvm-
~ brances in law or in equiry, and that s~ will and her heirs shall warrant and defend t}x title to the ssms fo the said
t~~+ MORTGAGEE, its successors and assigns, fwever against Ihe lawful claims and demands of all persons;
PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGACaEE the p?om~sswy note hereinbefwe deuribed and shaU truly, promptly
a~d iully perform, d~scharge, execute, complete, comply with and ab~de by each and every the itipuiatio~s, sgreements, conditions snd tovenanri of iaid
promisswy note snd of this Mwtgage, then this Mortgage and the Estate hereby veated shall cesse a~d be null and void.
'"s
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plurol anywhere in thii Mwtgage, shalt be singular if o~e only •nd
shall be plural jointly snd severally if more than one, and that the word "tF~eir" ss used snywhere in this Mortgage shall be taken fo mean "hii ""hen; '
er "its," whercver fhe context so implies oi admits. Also, that wherever there +s • reference in the coveosnts and agreements herein contained to sny of
~ the parties hereto, the same shall be construed to mean aa well as the heirs, legal rep?esentatives, svccessors ~nd assigns (either voluntary by ad of the
parties or involurosry by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and adv~ntsges itwrt
ro the respective helrs, Irgal representatives, wccessors and ass~gns of the parties hereto.
ti
~`i And said Mortgagors, (w themselves and their heirs, legal represeMatives, successors aod sssign~, hereby jointly and severally covenant and pree
- ~o snd with the said MORTGAGEE, its succetsors snd assigns:
1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this
mortgage, exh and every, promptly o~ the days rcspect~vely the same severally become due.
3`+ 2. To pay •II and singulsr the taxes, assessments, levies, liabilities, obligations and encumMarxet of every nature and kind rww on said described
p~operty, or thse hereafter may be imposed, suffered, plxcd, levied, w assessed thereon, a that hereafter may be leried a essessed upw~ this Mortg-
~ age, w the indebtedness iecured hereby, esch and every, when due and payable, ~ccording ro law, before they become delinquent, and before ~~y intereit
atraches w any penalry is incurred; AND INSOFAR AS ANY iHEREOF IS Of RKORU THE SAME SHAtL 8E PROMPTLY SATISfIEU AND DISCHARGED OP
RECORO AND THE ORIGItvAI OFFICIAI UOCUMENT (SUCH A5. FOR INSTANCE, TNE TAX RECEIPT OR THE SAtISFACTION PAPER OFFICIALLY ENDORSED
~ CR CERTIfIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is nw
~ pa~d, saYS~ied and discharged sa d MORTGAGEE may at any time pay the same w any part thereof without w~ivirg w af(ecting a~y oplion, lien, eqvity p
_ ~~qht under or by virtue of this mortgage and the full amount of each and eve~y tuch payment sh~!~ be immediately due and paysble and shall bear interest
~.om the date thereof until pa~d at rate of n~ne pe~ centum per annum and together w~th such in~re~t I xcured t I' n of th:s morgts9e.
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