HomeMy WebLinkAbout1902 ~4so~:~ 4
THIS IPtDENTURE, Mad~ the lst d~y of _ ~rCh A.p, 19
73 betwe~e~
_ George Soaerbvs II and Velos A~ Sowerbv, hi~ ~?~fe _
o~ ~ St• 1.UCle Gwnfy Fb:ida, hereinafMr detgnatcd a~ t?~ 'YkVRTGAGOR,' and FIRST fE~ERAI SAVINGS Ail~ LOAN
ASSpCIATiON OF FORT PIEiKE, a corpor~f~oN oryaoued a.~d ex~stin~ unda ~M layvs of 1M Un~tsd Sta~~s of Amarica and ha•rr~y ih prir.cipal plan of
businea in rh~ City of Fort PiaKU. St. l~c;e County. Flcr~da. pc~einahe~ dssi~na~ed ~s tM "MORTGAGEE."
KNEREAS the MORTGAGOR is justly indebte~/ M tM MORTGAGEf in tha sum of = 30~~0~~ , pood and I~wfut money of the Un:1cd
S+ates advanced by the MORiGAvEE ur.ro the MORiGAGOR, as evidenced by • ccrui~ promiuory o01~ of ev~n date here~ith, of wh:ch ~he :dlawirg in
words and figures is a trw copY. to-wi~: •
i 30.000.00 ~ 10019488
FoH Pierce. Plwid+. ~=Ch 1• .19 f3
fw vaive rcce~ved, 1, we w eirher of us, prom~u to pay, witAouf defalcat~on, to the order of flRST FEDERAL SAYfNGS AND LOAN ASSOCIA!ION OF
rORT PlfRCE at Fwf Pierte, Flor;ds, ~he sum of f ~0~~~~~ w~th ~nterest (rom date at the nte of 7~59; per ennum, in monthly insta!{-
~~~ents as foitaws: i_222~~ on the l~thday of Apri1 19 73 and s like s~m o~ the correspond:~ day of ea~h mo~th thert-
i
afrer until iAe whole be fully paid.
Each ~nstallment fi~st shall ?x appl~ed in paymeM of the interest a~~d the~ on ~he unpa~d balance of the pr~nc~pal sum. If defauN is ~+ade in tM
Fayrrknt of any :nsrailmcnt when due, and such default cominues 30 days, thrn at tt+e op!ion of the hoidcr, and w~rhout any other rnotice, all t!x remaining
,~,sfat:ments shall be d,ie and payable at once. Privilege ~s given ro prepay this rate in whole or in part a+ any t~me without pcnaNy. Neithtr forebearante,
nur acceptance by th~ hoider thereof after any default ie? any payments hereon, shalt be dcemed extension. A iate paymerct charge of ~ 11 ~ 1~ shsl! be
ad~=d tc each ins~aUment remainirg ur~pr:d 7 days aftcr its due da~e, and a like sum :hall be added to cach such installment remaining vnpaid ~ days ~fter
rach succcedi~g payment date.
Esch maker, surety and endorse+ he~eof, joi~tly and xverally, waives demand, presentment protcst and r+otice of protest tw nonpayment, and furrhe~
aarees fo any e:tens~on of rime of payment, eirher befo~e w after matur]ty, without no~~ce to any of us; and to pay all costs of collection, includ~rg a
rrasonable attor~.ry's fee in the event of any deiauit hereunde+. ~and hereby xvcrally wai~es all 6cnefit of homestead a~d exemption under the constitution
a:~d Iaws of each State of ~he United Sta!es, as against this obfgation w eny extensiw~ w rtnewal hereof,
~Yit~ess the har+d and scal of each party.
• (SEAU
" G~orqe Sowerbv~ Y I
cs~Au
s/ Ve~na Sowerby ~
~ $45~00 ) State Revenve
~ Sta~+~ c~crtUod ~ ~ipipal ~ W
NO'1H, THEREFORE, the A10RTGAGOR for the purpose of setvri~'g payment of ssid sum of s~~~0~~ ar+d tMe pN(wm~nce of the
coven~~ts and agreement~ hrreinafter expressed, and fw divers good and vafuabte considerat;ons, by ~hese presents, doea grant, barga;~, sell, rem~se,
reteau, cortvey and coof;rm unfo the MORTGAGEE, its succeuoro and +uigns, all tha? cHtain bt, piece oc puccl of ~and, sitwte, lying, and r.e~g in the
County of $t• Lueie and Sute of fbrida, described u follows:
Lots 15 and 16, Block L, MAIiAV iL1.A ESTATES, as per pia l thereaf
on file in Plat Book 8, page 77, of the public records of St.
Lucie County, Floiida,
~
M T~ ~t~ps~= 1
~r . 1
r~,, flOC1yMEN~AR ~ 4 5. ~ ~ 1
cz ers ~EP~ENUE .E .
ae ~ xA{t•i'i T~ ' ~ + ~
Rfi~1YED
s,~ p ,r,--,. Pa. •w b D•~ IH PAYHEHT UF TR~(ES
i+ ~ ~Nflt b!!E QAt p,1~ (NiAMGlBLE FERS4!V.?L PF+O~EFIY,
° PURSUAMT TO CHAPIEIP 71-131, ACiS OF 2yll ~.r "
- RO(iER POiTpI~S ,
CLER!( CIRCiIiT OOURT, ST. UlC1E 00~ ~LA Ii
i . ?
~
rogether with all and singufar tMe teneme~ts, htrrJit~mcnts and ippu~tances thereunro belonQing or in anywise appertsininQ thereto, and all rent~, issues,
p~oceeds and profits sccruing and to sccrue from said premises, all of which ue inclvded in the sbove and fwegoing deuription an~ habendum.
, TO HAYE AND TO HOLO thc ak+ave described and granted premises unto the said MpRTGAGEE, itt successors and auigns forever. Md th~ said
their
MORTGAGOR fw - heirs, executors, sdministrators and au"~gns, hcteby covenanri with the said MORTGAGEE, in wttesaors and ssti~ro,
the a re
tF.at -Y--
Iawfully seized of the said prem~ses in fee simple; that the iame are free, ctear and discha:ged from aIl liens snd encurtr
5ranccs in Isw w in equity, and that~hej/ W;~~ a~ thQir F~ein sh~ll warrant snd defend the title eo the sams to the s+id
MJRiGAGEE, its successws and auigns, fwever against the lawfu? claims snd demsnds of all ~ersons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay vnto ~he MORTGAGFE the p?omissory note hereinbefore desaibed and sMll trvly, promptly
and fully perfcrm, d~scF?arge, execurC, comple~e, car.ply wi~h and abide by each and every rne stipulariau, sgreements, conditian and covenann of said
prem~ssory note and of this Mortgage, rhen this Mortgage and ~he Estste hereby created shsll cease a~d be rwll snd void.
IT !5 t1NOfR5TOOD tl~st the word "Mo?rgagor" wF+Nher in tF.e singubr w plwsl anywhere in this Matgs~e, shall be singular if ene only and
shall b~ plural joinNy and sever~lly if mwe than one, and that the wad "their" ss used snywhere in this Mottsage shall be tsken to mear "his,° "hers,"
or ";ts," wher.ver the context so impties or edmits Alw, that wherever there is a+efeience in ti~e covensnb and ~gree~nenb herein con:ained M a~ryr of
rhe parties hereto, the same shall be construed to mean as wdf ss the heirs, legal representatives, succeuon and usgro (either voluntary by act of the
parties or involuntsry by operation of the law) of the same and that the covena~b herein contained shatl bind ar?d the bee~efits and advantaQes inwe
ro the respectire hrirs, kgsl iep?exntarives, successors and ass'gns of the psrties he?eto.
And uid lAwfgsgo:s, for themxtvrs r.~d their heirs, legal rcprexntatives, successas and assig~s, hereby jointiy and severally covcnaM snd syree
to and wi~h the said MORTGAGEE, its successors and assgns:
1. To pay all and singular t!u princip~l and interest and the wrious snd sundry sums of money payabk by virtve oF said promissory note, and th'a
mwtgage, each and every, promptly on the d~ys respectively the same severally become due.
2. To pay all ar~d singvia~ the t~xes, asu:une~ts, levies, liabilities, oblgsrions snd enarmbrances of every r_~.u~e and kind now on ssid dewibed
property, w that hereafte? may be ;mposed, svffereA. Placed, kveed, or sueued thereon, or thst hereafse? r.~J oe :a_•eed or assested vpon tlrt Mortg~
age, a the ihdebtedness setvred hereby, lKII iI~ tVHy, w~n dve and psysble, accordirg to law, befae they become delinqve~t, snd before arryrinterest
artzches w ar.y pcnalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPTIY SATISfIFD AND DISCHARGE~ Of
RECORD AND THE ORFGINAL OFFICIAL DO:UMENi (SUCH AS, fOR INSTANCE, ~HE TAX RfCEIPT OR 7HE SAiI5fAC710A1 FAPER OFFIt1AlLY ENDORSEO
GR CERTtFIED) SHAII 8E PLACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENI; and in the event thaf any the~eof is not
pa~d, sat'sfied and discharged sa:d MORiGAGEE may st any time pay the same or any part thereof witFw~t waiving or sffecting any oprion, iien, equity or
•+qht under w by virrw of this morr~age and tMe full amount of each and eve?y such payment shall be immediately due and payabk and shall bex interest
~•om the date tf.areof until pa~d ~t rate of nine pcr «ntum per annum and togethe? w~th such inrerest shall b* s~u(~ jy~he liet~ q( ~~nggtsye.
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