HomeMy WebLinkAbout1879 THIS INpFNTURE, N1ad~ 1M a8~ day of R6~YUS~r AD. 19_~~ between
Robezt S. Spencez and PatsY N. S~eac~~,~ hi.~ .,wife _
trf St• L]}L'~e COUnty Ftai~a, hsrsinaftq desy~ated ~s tM "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANp lOA7d
4SSOClATION OF fORT PIERCE, a cwporation agsniud ar.d ex~sring u~ tM iarrs of tM Un~t~d Stat~s of Am~riu ~nd Mv:np it~ pricxipat pl~c~ of
~vsineu in ~hs CitY of Fort Pieru. St. iude Co„~ty, flori.ia. 1ie~~i~after desipnared as th~ "MORIGAGEE."
WHfRENS tla MORTGAGOR is jvitty ;r~eb~ad ro ths MORTGAGEE in tM sum of S 31~ ~~oed ard lawful mt,r~ey of the Un;ttd
S+ates adva~ced ~y ths MORIGAGEE unto tF~a MORTGAGOR, as evide~xed by a certa:n prc+m~~swy ~ote of even dat~ Ir:rew~th, of wh~ch tAe followirg in
= ad 31 f' ur true topY, to-wit:
Fon Pieru F~« February 2g~ NO 10019~3
~ .
for wluc receivrd, 1, we w either of us, prom~se to pay, wiihout defalca+~on, to ~he o~da of FIRST FE6ERAL SAVINGS AND IOAN ASSOCIATION OF
~ FORT PlERCE at Fwt Pierce, flo~ida, the sum of 5~~--~- w;th in~e~es~ from dste at the rate of ~s~e
~ 31' ~0 0 pe? annum, in ~o~thly ins~alN
~ ~.~.~nts as fol!ows: S 2~ _ on the l~th day of A~ril , 19 73 and a like sum on thr corcespond~np day ot each month there-
~ after oroil ttx whole te fully pald.
~ Eath ins~a~lment tirot shatl be aFptied ~n payment of rhe inre?est and than o~ ?he vnpa~d t?slance of the princ~pal sum. 1! defauh is msde in the
patmaM of sny installmanl when due, and such defavlt cont:nues 30 days, theo at the optwn of the hoider, and without sny ather notrce. al~ the remai~'vg
~ ~r.stallmenrs shall be dve and payabte at once. Privilege is given to prepaY fhis note in wiwfe or in put at sny lims without penalry. Ntither f~xc~Learancq,
~ nor atteptance by tlx iwtde± the;eof aftcr a~y defauh in any payments hereon, shall be dec.r+ed extens;on. A lare paymem cha.ge of t 12~95 shsll be
~ added to each ~natallment remaining ynpa~d 7 dayi after its due da1e, and a I~ke svm shali be added ro each such ins4{'~ sM ~emaining v~paid 7 days atter
3 each suctceding paYment date. .
~ Each maker, surery and end«scr hereof, jointly and severally, waivcs demand,
y~ prexntmenr prorest snd no?icr oF p~otest fw nonpayment, and fu~the~
agrees to any extens~on oi t~me of payment, eirher before or after ma~urity, wiehout notKe to any of us; and to pay all costs of colleaion, includ~rg a
rraso~able altorney's fee in the eveM of any defau'.t hereunder, and~ hercby severally wa:ves all benefit of homestead and eaemption ur~e~ tlx co~siitution
~ a~zd taws of each Srate of the Unired Sratcs, as against fhis obl~gat:on w any exiensan w renewal hereof.
Witness the hand and u~l of euh party. . ~
~ ~ (Ser?U
~ s Ro t 5. S er ~Au
~
~ s Patsy . Spencez ~
~v $47 25 ~
~ • ) Stare Revenue
{S1aa~f+aji~nY~.r~.o~ioiwLoote) -
31 500 00
NO;N, THEREFORE, the MORTGAGpR for the purpose of securing p~yment of said sum of S ~ • ~ snd tf~e periormance of the
covenants and ~graemonts hereirtafter expressed, and for d~ve?s good and valwble cansideretions, by theu presents, does grant, bargain, sell, remise,
release, cOnvey and confirm unto the MORTGAGEE, its sutussors and auigns, atl thst certain bt, piete p p~rcel of land, situate, iying, and beug in tiw~
County of $t• L12Cie ~ed State of Fbrid~, desaibed as fdlows:
?he West 25.41 feet of Lot 5 and all of Lot 6, Block 3~ MARAVILLA
PINES SUBDIYTSIq~I~ as per plat thereof on file in Plat 8ook 6,
page 39 of tbe public ze:uxds of St. Lucie Coanty, F1ori;A
M ~ ~
oF so MQ~?A ~
R~ IN PAYI~IENT OF TAXES ~s ~ 00_____CUM~N ARY -y i
N~pt. ~ RE,~n~ 4 7 Z 51
~ oK cuss ~c° i~r~xcis~E ~RSOru~ rso~a~r, ~ ~ _ _
_ P11RSIlAlIT TO CFIAFTER 71-134. I4~TS OF 19I1. o=?.~. - ~
ROGER POITRIIS ^ _ ~~~02
e
CtEiDt CIRqlR COUAi, SI. LUCIE CU., FlIL ~
rogether wlth sli and singular the teaement~, Aered;tamenb and appurtances thereunto belonging or in anywise ~ppertaini~g thereto, and ~II rents, iuues,
P~«eeds and prof~n acau~ng and to acvue from said premises, afl of whid? ue incl~ded in the above snd fore~oing desviption ~nd habendum.
TO HAVE AND TO HOID the above des;ribed and qn~ted premises unto the said MORTGAGEE, iri svaessas and aug~s fwever. And tl» s~id
MORTGAGOR fa ~eir____ ~;rs, executors, adminisrrators and assigns, hereby covenants with the said MORTGAGEE, iri successors and +uipea,
rhat ~ zg lawfully xized of the said prem~set in fee simpte; th~t the ~me are free, clear and dischargcd from ell liens and encwm
brances in law w in equity, and that~~ w~~~ s~ their ~p wursnt a-~d defend the title to the s+~me to the ssid
MORTGAGEE, its svccessors and assigns, forever against the lawfvl clsims and demsnds of all pe~saq;
PROVIDED, AlWAVS that if the MORTGAGOR shall psy unto tfie MORTGAGEE 1F~e prortsissory note hereinbefore destribed and shall in?ly, ptomptly
and futly perform, d~scharga, exec~te, compkte, compiy with arx! ~bide by each snd erery Nx sripulations, agreemer+ts, conditions and covenants as sa;d
prom;ssory rate and of this Mortgage, then th~s Mortgage and the Eatate hereby aea~ed shall cesse an~ be nufl and void. '
IT IS UNDERSTOOp that the wo~d "Matgagoi' whether in the s~ngular or plvral anywhcre i~ this Mort~age, shall be singular if one only and
shall be plursl jointly and severally if more thsn one, and that the wad °thei?" as ~sed anywhere ia this Mortgsg~ shafl be hken to mean "his," "hen;'
or "its;' whereve~ the conte~t so ;mplies or admits_ Also, that wherever the~e is s reference in the covens~n and ~greements hercin tontained to any of
+he parties liereto, the ssme shall be cautrued ro mean. as well ss the he+rs, legsl rspresemativei, successors snd sssigns (either vo!vntary by scf of the
parties o~ involuntary Sy vperation of rhe Iawj of ~he same and that the covenants he~rin confained siwll bind snd the benefits and adrsntages inur~
ro the respecthe hei:s, legal represe~tatives, successors and au~gns of the pa~ties hcreto.
And ssid Mort~agors, fw themselves ar?d their }~e:rs, iege! representatives, succeswrs and sssigns, hereby joiMly and severally tovenant and a9ree
ro and with the said MORTGAGEE, its successors rnd auigns:
1. To pay all and si~guls~ the pr;ncipa~ •nd inrerest ar~d tha var;ovs and sundry su.tn of mwxy payabk by vinue of said promissory nate, u~d this
mongsge, each and every, promptly on the dsys respectrvely the same xverally become due.
2. To pay all sr~d singvlar the tsxes, assessments, levips, liabilities, obligations ar.d erxvmbrsntes of every nature and kind now on ia;d described
prope~ty, p thst hereaft~r msy ~x impo~ed, suffered, placed, levied, or assessed rhereon, or t1~at hereaiter n+ay be levied w usessed vpon this Mwty-
age, or ih~ 6:.~-.~!ednts~ un~red hzreby, exh and every, when due and payable, accordiny to law, before tlxy ber_ome delinq~rent, a~d befo.e ~ny 1t1tHM1
atraches o~ any penalty is irxvrred; AN~ INSOfAR AS ANY THEPEOF IS Of itECUkCi Tiit ~hME iHALL df P~~lfl~?i[Y' $ATtSfSEp A":~J DlSC?f1!!ti'sED Q'
Rf~ORD AND THE ORIG1?vAt OFFlClAL DOCUMFNT (SULH A$, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIALLY ENDORSEO
OR CERTIFIED) SHAII BE PIACED IN TIIE HANDS OF SAID MORTG~AGEE WITHIN TEN OAYS NEXT AFTER `AYMENT; and in the event that any the~eof is not
pa~d, sat's{ied a~d d~scharged sa:d MORTGAGEE may st any rime pay rhe same or any part rhereof witha,t waiving or alfecting any option, lien, equity or
~~qht under or by virtu• of this mortgage and rhe full amou~t of each and every suth paymeM shall be immediately dve and payable and shall bear interest
~rom tF~e dare ther~f until paid at rate of nine per centum oer annum and together w~tF~ such~nt`r tl be secured by the iien of th:s morgfa9t.
Gi1~~~~1 ~A~E1Q~~
~ , - ~ ; ~ - ' _ _ $ _
~ x - ~
~x ,~-'3`~ 'i r ,x .
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