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HomeMy WebLinkAbout2187 ~c~ ~;~3 22ad Januar , ~ THIS IIJDfNTURE, AAad~ t~+. day of ~ ~ Y A.O. 19 ` 7'~ btw~ • ~ . N ' ~ L. Ruby B. Nonroe. torserlv Rubv 6 Rsulerann~ sn~ teh.. ~~r~.,,r~ s' d S of St . t.11C~Q , Co~nry Florida, herainaft~r d~ignat~d ~s tM "MORTGAGDR;' ~nd fIRST FEDERAL SAVINGS AND IOAN ~ ASSpCIATION OF FOR~ PIERCE, a corpaat~on wqanised and exi~tinp unda tM laws oi 1M Uni?ed Stst~s oF Artwica and haviny lb princlpal plac~ of business in tM Ciy of fqt Piarq. St. lvcis Gounty. Flaida, hersinafte~ deii9nated ss ti» "MORTGAGEE." WHEREAS tM MORTGAGOR is juitly indebttd ro ths MORTGAGEE in the ~um of i 'a4~~~•~ , good a~d lawfvl money of 1M Un~1ed Srates advanced by the MORTGAGEE umo th~ MORTGAGOR, as avidenced by a ceruin promiuwy note of evsn date herawUh, of which th~ following ln wads and fipuret h a trw copy. lowit: s 24.oo~.AO I00~9314 ~~10 Fort Pi~rce, Flaida. J~?auary 2."~ 19..~.~ for value received, 1, we w either of us, promise to pay, withouf defstcafion, to the wder of fIRST FEDERAL SAYINGS AN~ l(.1A4N ASSOCIATION OF 24,000 00 7 7 ~ FORT PIERCE at Fwt Pierce, Fbrida, the sum of S • w~th interest from date at the ~ate of per ~nn~m, in mo~¢hly insfall- ments as fol!ows_ S 198•~ «,,n~ jOth day of ~~Ch , 19~_ and a iika sum on the correspond~ny da, ef,,eath month the~r a(ter unti! the whole be fu!!y paid. . Each installment first shall be applied in payment of the interest ~nd then on 1he unpaid b~lance of the princtpal sum. If defauA q, rnsde in the payment of sny instaltmer,t wlun due, and such def~ault continues 30 days, then at the option of the ho{der, a~d withou! any other notice, aN the remaini~g in:raltments shall be due and payable at once. Privilege is given to prepay tbis note in whok or in part at any time without penalty. {Veither iwebearsnce, r.or accepfante by thc holdet thereof after any default in any payments hereon, ahall be deemed extcnsion. A late payment charge of s 9•~sh~ll be added to each inataliment remaining ~npa~d 7 days aftar iri dva date, and a like :um shall be added to each such installment remaining unpaid 7 dsys efter oach succeedirg payment date. - Each make~, surery and endase~ hereof, jantty u~d severally, waives demand, presentme~t p?otest and notic~ of protest fw nonpayment, snd further ag~ees to any extensiw~ of time of payment, either befora w after maturity, without notice to any of us; and to pay all costs of collection, includinq a reasonabk at~w~Ney's fee +n tfie eveat at any ~fau!t !:rrrv^~±er, a^d !~%eby YvwrA~IY warvea a!f bertefit of Iwmestrad and exemption unda fhe constitutan and laws of each State of the United States, as against this obligation or any ex~ension or renewal hereof. Witnesa the Mnd and sesl of each party. a/ Ruby B. Monroe, toraerly Rub~?~q B. Ranlerson ~U (SE~?U ~ S 36 _AA ) Srare Revenue s~ --jQhn C~ 1?~enrna ~U ( NOW, THEREFORE, the MORTGAGOR fw rhe purpose of securing psyment of ssid svm of = 24s~~•~ ~ snd the perform~ncs of ths coveninn and igre~menh here+nafter expresxd, and fu divers good and valuable consideration~, by fhese prexnts, does grant, bargain, ull, remise, releass, convey and tonfirm unto the MORTGAGEE, iri succeswrs and auigns, all that cerain lot, piece or pucel of I+nd, sitwfe, lying, and beirg tn tiis County of St. Ll~i@ y ~~d Sute of florida, described as followt: ~ ~ Lats 20, 21 and 22, Block 3, RSVISBD PLAT OF 1HB TROPICS SiBDIVISION, as 4 per plat thereof on file in Plat Book 6, Page 21, of the Public Records of St. Lucie County, Florida. ~ ~~P~~ . Q F ~P'~ ~ 0~ ~ . i r ~ i ~ ~ 3~°' , J'~ t r ~`V~P~~ ~1~ _ p~ ~ IN PAYMEKi OF TAXES ! a' Q~~ ~~d' ~~~~~C IMTAN6igLE PERSONAL PRp?ER(Y~ i ~ER 71-13~. ACTS-pf 19 oo~~ r i`t~'ot RO~ER Pp~TR~ ~ O ~ G.ERK C1RqlR COURT, ST. WCIf 0p ~ s ~ O ' rogetMr wlth all snd :ingutsr the tenements, hereditaments and appurtances ihereunlo belonginy or in ~nywise ~ppertaining thereto, ~nd ~It r~nt~, iu~et, proceeds +~nd profib accruing and to scuve from ssid premixs, all of which ue included in the above snd foregang description snd habendum, TO HAVE AND TO lIOID the sbove dex~ibed and gra~ted premises unto the said MORiGAGfE, its suecessor~ ud auiyr+s forevar. Md th~ said fr~ORTGAGOR for their ~;n, executo?s, ~dministraton and assigns, hereby tovenanri with fhe said MORIGAGEE, its svttesson ~nd as~igro, ~hat L~jL-iZQ---- lawfulty uized of the said premiset in fee simple; tIH! the same ~ro free, clear ar+d disclurged itom ~II liens u~d ~ncum- ! , brances in I~w or in equity, and that they will ~nd t~ir hein sball warraot and defend the titk to the sam~ to the said i MORTGAGEE, its s~ccessars ~nd aasigns, forever against the lawful claimf and demsnds of ~II persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay v~to the MORTGAGEE the promiuory note he?einbefors dewribed +nd ~MII truly, promptty and fulty per{orm, d~scMrge, exrcute, complete, comply with and abide by each and evtry the stipulatiwis, agreemeny, cond;~;ons and covenann of sa~d promissory note end of this Mongaqe, then this Mort9age snd the Eata!e hereby aeated shall ce~se snd be null and void. IT IS UNDERSTOOp that the word "Mortgagor" whethe? in the singular oe plwal anywhere in this Mortgaye, ahall be sinyulat if one only and shall be pfural jointly and severaliy if more than one, a~d rhat fhe word "their" t~ vaed anywhere in this N{ortpap~ shall 6e taken to mean "his; •••h~n; • or °its;' wherever the context w implies or admits, Also, that wherever there is s reference in tl?~ coven~nn and sgreements herein tonta'u~ed to any of rhe partip hereto, the ssme shall be construed to mean ss well as tlx t~eirs, legal reprose~?tatives, s~cceswn and assiyru (eirker v~olu~ary by act of tht parties or involuntary by operation of the law) o/ the same s~+d that the covenams herein contained shall bi~d and tl+s benefiq and advantpes i~wt ro the respective heirs, ky~l representatives, succesao~s and su~gns of the parties hereto. And said Mortgagon, for themselves and their heirs, legsl repreunbtives, tuccesswi snd ~ssiy~s, hereby joinrly and sever~Ity covenant ~nd ~yne fo and with the s~id MORiGAGEf, it~ suctessors and augns: 1. 7o pay all sod sirgular the principal and imerest and the various and aundry sums of mor~ey payable by virtve of said promissory note, ~nd this mortgage, e+ch aed every, promptly on the days respectively the teme severally becort~ due. 2. To p+y aU ~nd sirgular the taxes, auessments, levies, lisbilitics, obli9atrons snd encumbrsnces of every nature and kind now on taid described prc~perty, or that hereaft~r may be imposed, wffe~ed, plxed, levied, w sssessed thereon, or thst here~fter may ~e lev'ied or u~essed vpon th~ Mort¢ age, a tM indebtedness secured hereby exh and every, when due ~nd payable, sccwdirg to law, befwe they become delinqvent, and bsfore iny interat artaches or sny penalty is inc~rred; ANO INSOfAR AS ANY THEREOF IS Of RKORO iME SAME SHAIL 8E PROMPTIY SAllSFIED AND DISCHARGED OF REtORD AN~ THE ORIGINAL UFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RECEIPT OR TME SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIfIED) SHALL BE PLACED IN THE NANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event IMt any thereof is not pa~d, sat"sfied and discha~ged sa:d MORTGAGEE msy st any time pay the same or any part 1Fxreof without wsiving or affectiny any option, Iien, eqv;ty q •iqht under oi by virtue of this mortgage and the lull smount of each and evcry such payment shall be immcdiately dve and p~yable and shall beu interest F~om the dde thereof until ps:d st rite of n~ne per centum per ann~m and ~ogether w~rh such inreresr~?h~ll edAytt~ ye~o~th:s marpt~pt. . ~u~K ~ ~ ~r ~1 _ ~ _ _ ~ _ 5P, _ . , . _ _ _ . e ~.5_ ~ :fi.'"~