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HomeMy WebLinkAbout1518 ;~~~~3~28 ~ THIS INDEkTURE. M~ ~M~Z..I~ day of Rebt~Y~ A.D. 19_~3 ~ o~tw~en Reg na W. u nn an ra u nn,'~s~~e - _ ~ of SL. LL1C~@ Cpy~~y Fior~d~, 1~erainafter dtsigna~ed ~s ti» "MORTGAGOR;' ~nd FIRST FEDERAI 5/?VINGS AND IOAN ASSpC1AT10N OF FORT PIERCE. ~ ccrporation or9anized and existu+~ unde~ tM laws oF tM Un~ted Sat~s of AmKica u+d havin~ its prwxipal plac~ of busineu in ~hs City o( Fort Pierc~. St. Lucie County. Florid+. hc«inaf:r detigna~sd aa tM "N10RTGAGEE.•• WHEREAS IM MORiGAGOR is jv~tly ir?dabted w tM MORTGAtiEE in ths sum of = 22 ~ gocd +nd ~awfvl mu~ey of tha Un~ted Sr~tes ~dvanced by ~M MORiGAGEE umo the MORTGAGOR. es eridsnccd by a certai~ prom~uory not• of ever. dste haewith, of vrh;ch the tollowinp in words ~nd fgures u a t*ue copy, to-wit: = 2~~ ~ _ ~ ~ 1G019480 ~o.~ P~n., Fb.;d,, Rebruarv ~ . ~~3 fw valve ~ectived, 1, we or either of us, prom~se to pay, without defa:catio~, to the order of FIRST FEDERAI SAVINrG~S~ ANp LOAN ASSOCIA`t0:~ OF FORT PIERCE at Fort P'e ce, Florida, the sur~, 22 w~th i~terest from date af the ~ate of7 •7~°6 per annum. ~w^~h:y i~sul:- :~,enrs as loltows: = 1~~~~ on the L~ day of APril ~g 73 and s like sum a~? the corresporsd:ng day of each munth tFxre- afrer vntil the wMle be fully paid. Each inseallment first shall be appl~ed in payment of the inte:est and then on the unpaid balance of the pr:nc:pal wm. If defauft ~s made in the ~•a,ment of sny insrallment when due, and :uch defau~t continues 30 days, Ihen at the optan of ~he holder, and without any other rotice, all the remain~ng ~„s~atiments shall be due and payeb:e at once. Prlvilege is given to prepay lhis note in wholr o~ in patt at any time without peiulty. Neifher (orebearance, nor xcep~ance by the hoider !hereof afrer any defuu~t in any payments hereon, shall be deemed extcnsion. A~ate payment charge o( 59.25 sh~~~ be rddrd to each installment remaining u~paid 7 days aiter in dus date, and s like sum shali be addad to each such i:~staltment reenain~ng u~paid 7 days after 23CF1 succeeding payment date. Each maker, surety and endorser hereof, joiMly and severally, waives demand, prese~tment p.orest and no~ice of protest fw nonpayment, and furthet agrees to any extension of time oi payment, either bzfore w after mawrity, withoul not~cr to any of us; ar.d to pay all costs of collection, induding a re~sonable attorney's fee in the event of a+~y d:faull hereunder, and hereby seve~aily waives ail benefit of lwme;tead and eacmption undc~ the conatitution and ~aws of each S:ate of the Un~trd S~ae_s, as aga~ni: this obl~yation a any e:tension or re~ewal krreof. Witness the hand and seal ef each party. ' S/ Rec~inald W . Quinn cs~?U . (SEAt) s/ Dora L. Quinn ~,U ~ 33.75 ) $tate Revenue x 22 500.00 NOW, THEREFORE, the MORTGAGOR for ~he purpoae of aecuring payment of sa~d sum of S • and the perfwmance of the . co•.en~nts and agre~mena here~nafter e:p~essed. and for divNS good and vslwbte cons~erations, by these presema, does grartt, bargain, selt, remix, release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or pa~cel of fa~d, sitwte, lying, and being in the County of SL. Lueie and State of Flor~da, deuribed follaws: Lot 3 of D. D. A. S[BDIVISION as recorded in Piat Book 15, Page 23, of the Public Records of St. Lncie County, Rlorida I r• ' , A -ST'A oF ~LOR~DA. ~ ; o~ DO~,1!lMEN1AR~ •~~.,.STAMP t~l' ~ 'i ~ ~ ilEfT. of ~tE11ENllE _ • ~ ~ ° ~ = Pa = "~''~•~a ~ 3 3.151 i = ~not i e ~ : ~1 ~t~ Pairt+~~xr of s~ ~ s~cc~v~n 111E ON CiASS'C IKjAN~IBIF FE4~i~rt P~:OPER''!~ ~ P'JRSUAt(i TO t~iAPiER 71-134. ACTS OF Iyll. ~ RO~ER PORF.tiS q,f~l GIR(Y1ii fAURT, ST. Li1C{E fi.~ ~ together_ with all and singular the tenements, here.litaments +~d sppurtances thcrcunto belonging w in a~ywise appertaini+g thereto, and all rents, issues, proceeds and profiti acuuing and ro xvue from said premises, all of which ue included in the ~bove ~nd foregang desuipYan u~d hsbend~xn. TO HAVE AND O HOID the above described and granted pemises vnto the said MORTGAGEE, its wccessors a~d auigni forever. And th~ s~id t~eir MORTGAGOR fw he~~s, executws, adminiatratws and asslgns, hereby covensnts with the si~d N~ORTGAGEE, iri wccessws ~nd +uipra. rhat -~~~ZQ-- lawfu~ly uized of the said prcmises i~ fee semple; thst the same ue free, ckar and discharged from sll liens and encum- ~ brances in law or in equiry, and that they M,;II and their heirs ahsil w~rrant snd defend the title to the same fo tF~e said MORTGAGEE, its svc:essors and au~gns, (wever ageinst the lawful claims and demands of all persons; PROVIDED. ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note hereinbefore destribed u+d sh+ll truly, promptly a~d fufly perfo.m, d~xharge, execute, compkte, comp~y wiffi and ~ab~de by each and every the stipulations, agreements, conditions and covenanri of said ~ arcm~ssory note and of this Mortgsge, then this Mwtgage and the Esta:e hereby vested shall cease and be oull and void. ~ IT IS UNDERSTOOD thst the word "Mort whethcr in the s~ ular or iural an hece in this Mort e, shall be H lu if one onl and 9+9a ~ ^9 P Y~+ 9a9 ^9~+ Y ~ ihatl be plu~~l jointly and uverally if more than one, snd that the word "their" as vscd anywhere in this Mortgage shall be Nken to me~n "his;' "hers," ~ or "its," wFrrever the context w implies a admits_ Atw, that wherever there is a reference in ihe coven~nb ~nd agreemenb herein comained to any of '"~~i rhe parties hereto, the same shall be constrvrd to mean ss well as the heirs, iegsl rep:esentatives, svccesson snd usigro (either voluntuy by ~ct of the p3TTiM ur involuntsry by operatwn of the law) of the same and that the covenar.ts herein conqined sFnafl bind and the benefits snd advanbget inure ~ fo the respectire heirs, legsl representatives, successors and ass~gm of the parties hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives, successors snd sugns, hereby jointly s~d severally covenu?t and agree ro and w~~h ~he said RAORTGAGEE, its successo?s a~d assigns: ~ 1. To psy all and singular thc p?incipsl and i~terest and the varioos and sundry swro of money payable by virt~e of xaid promisswy note, snd this mwtgage, esch snd every, promptty on ihe dsys respectively Ihe same severally becane due. ~ 2. To pay alI snd s~ngvl~r the taxes, assesunents, levies, liabitities, obtig~tions and encumorsrxa of every natwe and kind now on said described property, or tMt hereaher msy be imposed, wffered, placed, levied, or ztsessed tFxaeon, or thsl hereafte~ may be kvied w usessc.l vpon tius Mort¢ ~ age, w the indebtedneu secured hereby, exh and e~ery, whert due and payable, xcading to iaw, before they becortr delinq:xM, and befwe any interest a~taches w any penalty n inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII BE PR^MPTIY SATiSf1ED AYD DISCHARGEO OF ~ RECORD AND THE ORIGihAI OFfIC1Al OOCU7V4ENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SAT[SFAGTION PAPER OFFIC~ALIY ENDORSED ~Z •~R CERSIFIED) SHALL BE PIACED IN THE HANOS OF SA~O MORTGAGEE WITHIN 1EN DAYS NFXt AFTER PAYMENT; and in the event thal any thereof is ~ot ~ ;:a~d, sat'sf~ed and d~sc-arged sa:d MORiGAGEE may at any t~me pay tix same or any ps?t thcreof wEthout waivicg or ai(ecNng any option, lien, equ7ry or q~; ~~qht under c- by virtue of thes m.artgage and the /ull amo~~t of each and every such paymeM shall be immediarc due aod paysble ~nd shall bear intdes~ ~rom t1x date tFxreof until pa~d ar rate of n~ne per centvm prr ann~m an~ together w~th svch inte~es! shall d b t 1' f 'i nwr t ~ ~..r. ~~r: V ~ ~ R ~~Z y 9 ..U~t r ` 0..~,----'-.. . - - - .'.u~ . . . . _ - ~ ~ c a~ _ - - y~* ~ xg' "r 'Y_i.~. . . _ . , r..~