Loading...
HomeMy WebLinkAbout2523 2~95~6 ~ THIS INCENTURE. 1114sd~ the ~d day of _ A.D. 19 73 btlween Charles _w. Donaldson and Ro~e B. O~onaldson. his Mif@,• . $t~- LuCiQ , Couoty Florida, Ac ainafte~ d~s~gnated as th,e "MORTGAGOR." and FtfiST fEOfRAI SAVINGS AND LOAN aS50CiAiFON OF f~JRT VIERCf, • cwpuation orya~iced and ea~i~~r,9 vode+ ~M iaws of ~M Un~?ed Staus of M+eric~ a~xi Mviny in pri~nctpal place of buiinaa in th~ Ciry of fwt PiNC~. St. luci~ Cov~ry, fbrida. he~eu~a(ter dcsyna?e~ as rM "MORTGAG:E:' WHEREAS the MORTGAGOR is justly indebrod to th~ MORTGAGFE in ~e sum of f 20~.~~• ~ , good aesd iawfu! money of the Un:~ed Srates adw~c~d by fhe MORTGAGFE unto the :ApRTGAGOR, as evidencrd by a ccrtam {xom~sso~y ~ote of even daro he~ew~ih, of wh~ch the iollow~ng in wJ~fJi and fiqurei ia a trw copy, to-wit: = 20,000.00 ~,1, 10019523 fwt P:erce. FGorida. 9 19 T3 For value ~eceirrd. t, we w e~eikr of us, pranise /o psy. withcut defalcar~on, ro the o~dcr cf FIRST FEDFRAL SAYINGS AfvO LOAY ASSOCIATION OF FCRi PIfRCf ar fwt Pie~ce, Flo~~da, the sum of S 20.~0~•~--- ,v~ih imerest lrom date at the rate o( 7~ 5°'o per annum, in monthly ins~a:l- .*,rnrs u io!•'ows: S 162 on the Oth day of J~e 19?3 aod a like sum on the corrc~{~osidng day of each monfh there- afte~ unril ~he wAple be fulty paid. Each insullment i~rst shalf be applird in paymcnt oI the inreresl and ~hen on the unpa~.~ balance of the princ:p~l wrn. If default is made in the Favment af any insralFme~t when due, aod suth default continves 30 days, the~ at the option of tFK holder, and without any other ratice, all Ihe ~emain~ng ~~~stallments shall bc due and payaWe at once. P~ivi~ege is g~ver~ to prepay this note in whole w io part st ~ny t~me without penalty. Nenher fwebearaoce. nor accrplanc~ by the hotde+ thereof afrer any default in any payn~i.t~ herec~, shall be deemed extens~on. A iate paymcnt charge ot S_ 8_! ~l~ shafl be .~dard to each Insta~lment remai~ing unpa:d 7 days after i» due date, and • t,ke sum s}w~l kx added to tach such installmrnt remaining unpaid T days aftcr ~•ac?~ ~ ~cceeding payrrry~r date. Each :nakes, surety and endorser hereof, joinlly and severally, waives dtmand, presemment prot,-st and not~ce o~ protest fpr no~payment, and further +grera to any eztension of rime of payment, e~ther before ot aFter maturity, wirhout not;ce to any af us; and ro pay all costs of collecYron, includ;ng a rruo~able atro•~xy's fee ir. the evertt of aoy defau~~ hercvedcr, and he~e5y severally warves all bene(it cf homestead and exemption under the :onslitutan and ~a:ls ot each Statr af :?x Unittd States, as aga~mt this obligatio~? p any eatension or re~ewal hereof, Y,itness tF.s hand a~:3 sral of eacF~ party. s/ Charles W. Donaldson ~A~~ - • ' iSEAI) s/ Rose B. Donaldson ~E~~~ ( $3O~ ) State Revenue i&sr~ +~w~eMeJ.ow •erigirw 1~ wo~e~ NOW, THEREFORE, iF~e MpRTGAGOR for tl+e purpose of securing paymenr of said sum of S 20~~~•~ and the pcrformance of the covenants and ~g:eernznts F+ere~naFter e:pressed. and (or d~vers good and valuabfe cwu~derations, by these presents, does grant, bargaio, sell, rem7se, release, convey a.:d co~f~rm unto the MOR"GAGfF, its s~+ccessars and assigns, a~I tl~ai certain los, giece or parcN of lancl; tituate, lying, and being in the Counry of St .~.11C~4 and 5tate of Florida, dexribed as iollews: Lot 16, Block 2, SURF~IDB, UNI2 ONB, as per plat thereof oh ~ile in plat book 10, page 19, of the Public Recozds of Lucie County, Rlor ida C OF ~~O R I,D A~ R~~ ~!N PAIIME.NT G:~ TAXt~ .r ~ ST~'~? MJE OM CLASS 'C` INTAtIGIBLE PERSO!i~11 PPOPER(T. DOCUMENTARYi":-.~,STA~~ ~ 1 ~~T Tp ~1-i~t. ~crs oF 19~~.y~ ~ °c~ `O OfP~.oi REtlENtlE!~1~ i Rp6ER POtTtGS ~ - _ ~ 3 0. 0 0 . j - ,::v~:..:'15 • ~ ~ t~fB( CIRC1tIT COUA7 SI. LIICIf 00~ FlA ~ a P.E. ~ ~ =~1102 ' - - o - i ~ { ' rogether with all and singvbr the tene.nents, hereditaments snd appurunces thereunto belonging or in ~nywise appertainirg thereto, and a!! renti, essues, ~ prxeeds and profits att~uing and to acvve from said prcmises, all of which are included in the above and fwegoirg destription ~od habendum. I~ TO HAVE AND TO HOID the above dcuribed and granted premises unto the said AAORTGAGEE, iri succeason ar~d suigns forever. And the s~id ~~!ORTGAGOR fw ~e11 heirs, eaecutws, admi~istratws and ass~gns, hcreby covenants with the said MORTGAGfE, its wcccssws and asi~prq, i ~^ar th~-~~- lawfully u~:ed of the said yem~ses in fee a~mpte; that the same sre free, ckar and dischsrged from all liens and encurtr brances in Iaw w in equity, and that thev w;n s~ the~r he~n shall warnnt ~nd defend the title to the ssme to the s~id MQRiGAGEE, its successors and ruigns, forever against the lawful claims and demsnds of sl) persons; I'KV1%fVCV~ ni~inY$ i3~ii if i.~e ::^vRTvAGOR sh::: F:~ ;;r..•~ ;!-.e !d^oTSe~cc 2~ ~,•,~•,:u~!y ~t:~~!fM~ ~{~ril~wd ~nd thall ttuly, plOmptly dnd fully per(wm, d~xharge, exe~vte, complete, comp~y with and abide by each and every the stipul~atio~s, sgreemenh, conditions and covenanri of sa~d promi~sory note and of this Mongsge, then this Mwfg~ge and the Estate he~eby created sha!! cesse and be null ~nd roid_ t"'~ IT t5 ~1NDER5100~ tMt rhe word "Mortgagor" whethe~ i~ tF~e s7ngular or plural anywhere in this Mortgsge, sF~all be singvlar if one only ~~d ~ shall be plunl joiMly aod severally if more th~n ooe, and fhat the wud "their" ss used ~nywbere in this Mwtgsge shall be takro to mean "his:• •.hen:' ~ or °iri;' wherever the conteat so impties w admits_ Aiso, thst wherever there is s reference in she covenants and agreements herein contained ro any o! ~ ~he pa~ties hereto, the ssme shall be construed to mean as we~l as !he hei:s, kgsl represcntstives, successors and assigro (eithet voluntary by act of the parties w invo!untary by ope~ation of the law) of the ssme and that the covenams herein contained shall bind and the benefits and sdvant~gp irwre -"s. ro the respective heKS, fegal represerttarives, successors and au~gns of fhe psrt:es hesdo. And said !IAwtgsgors, for themselves and tfieir hei~s, legal reprexr.tativa, successors s~d auigru, hereby jointly snd severally coven~nr and sgree ~ ~o and with the said MORTGAGEE, its successors and assigns: 1. To pay ~II and singulsr the principal and interest and tF~e vario~s and sundry sums of money payabk by virtue of said prom~ssory note, and this mwtgsge, each and every, promptly on the daya respe.tively fhe same seve:ally bccome due. 1.~ 2. 7o pay atl and s7rgulx tMe tsxes_ sssessmenn, tev~es. IiabiGfies, oblgations and encumbnntes of every natwe snd kind novr o~ sa~d de~cribed ~ property, or that hereafte? may be imposed, suffned, pl~ced, lev~ed, a assessed thereon, p that hcreifter may be kv"~ed a usessed vpon this Mortq- age, w tFx indebtedness secured hereby, exh ar+d erery, when due and payable, xcording to law, befwe fhey become delinquenL snd befwe ~ny interest atta:nes p any penalty is ir.c~rrctl; AND INSOFAR AS ANY 1HEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISFIED AND DISCHARGED Of RECORO AND THE ORIGItVAI OFFICIAt OOCUMENT (SUCH A5. FOR INST/.NCE. THE TAX RECfiPi OR THE SAi15fACTION PAPER OfFIClALLY fNDORSEp OR CFRIIFIED) SHAII 8F PIACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEX1 AFiER PAYMENT; and in the event that a~y thereof is not oa~d, sat'sf;~ and distharged sa'd MORiGAGEE may st any t~me pay the same w any part thereo( witF~wit waiving w affetting any option, iien, equity or ~~q~t under a by virtue of this mortgage and ~he full amovnr of each and every such paymeM shall be immediately due and payable and sbill bear intera~ ~~om t?K date thereof until paid a? rate of n~ne per centum per annum ar+d together w~th wch interest shall be secured by the lien of th:s morgq9e. " - ~ - - - ~ ~ - Y ~ ~"~t ~ ~ xr~^s ~ r:. _.,.....r. x~~ _ . . . . ~ ~"7 _'r:„