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HomeMy WebLinkAbout2737 ~49635 ~ ~ THIS INDENTURF Mad~ the 13th ~y of A.D. 19_ 73 betwean R~x 1,. Ga~cc~n+~r and Lola i. Gardnfr~ his wif~ of St• L1iCif ~p~~~y here:naftK dcsgne~cd as tt+~ "MORTGAGOR;' and fiRST FEDERAL SAVIMGS AND 'aOAN ASSOCIATION Of FORT PIERCf, a corporation w~aniced and ea;~inp ~nder tM Iaws of tM Un~ted Stat~s of Mkriu ~r?d Mvinp ib princip~l place of businass in th~ City of Fwt Pi~rc~. St. lucy ~ounty. ftorida, rer~:naf~a~ dssqnarsd as rl+~ "MORTGAGEE." . WHEREAS th~ MORTGAGOR is j~s11y indebred to tM MORTGAGEf i~ the sum of s_~Ha~S~_ good and ~awful mw~ey of the Un~ted Srates advu?ced by tM MORTGAGfE unto the MORiGAt'sOR, as evidenced by a cerlsir. promitsoty rwte of avre+ date herewith, of wh+ch the iollowinp in words and figures is_ • trw copY. Io-wi~: s 18,~~~. ~ ~,y~ 1 ~195~5 Fwt Pierc~. Florida. ~ ~r~ 13 T_14~ Fw value rece~red, 1, we or eithe~ of us, prom~se to pay, withaut defalcar~on, to ti.r order of ftRST fEDfRAt SAVIMGS AND LQAN ASSOCIAT~ON OF FORT p1ERCE at Fort Pierce, Flwida, the sum of : 1$L~~~~ _ wirh interest f~om date at tl,s rate oi pe~ annwn, in mon~hly i~slall- ments u foUows: f 1~~ ~ o~ the ~.~h dty of +J~x 19_Z~ and a like sum oe the co~respond~~~g day oi ea~t+ mantF+ ~hcrr arter vntil the whole be tully paid. . Earh installment first shall be applird in paymenl of the interest and tl~en on tF~e unQaid bala~ce of the princ~pal swn. If dcfauh is made Uf the Fay:nent of any instatin~em wfKn di~e, and such dcfauh continues 30 days, the.~ at the opf~on of the holder, ar,o without aay other notice, ~~1 the remami~g :~~srallments sh~ll be due and Fayable al once. Privilega is g?ven to prepay thia ra~e i~ whole w in pu! sl ~ny t~me witheut penalty. ~ Nei~her foreb~arance, nor atceptance by the holder ~hereof after aey defavit in anY paYmcnts hereon, shalt be deemed eatertsan. A Iste paYm~nt tharge of = 9~ SO shall be jdded ro each i~stallment remaining unpa~d ~ days aft~r 'b due da~e, and a like sum shall be added to each sucA insrallment runaining unpaid 7 days after each succceding payment date. ~ Each mak.r, surety and endoruv FKrepf, jointly and sevcrally, waives demar.d, p?csentmaN protesf and natice of protesf to~ nonpayment, and lunhe~ agrees to ~ny extens~on of time of p~yment, cithe? before w aftev matur~ty, wi~hout not~ce to any of us; arid ro pay all costs of collection, includ~ng a rr~sonable attwney's fee in rhe event of any defau~t F+ereunder, and hereby severally waives atl benefit oF homestead and exemption under the constitution a^d laws of each $rate of the Un~ted States, as against this ob~gation w any extensio~ o~ re~ewal hereof. Witness the hand and seal of eacF~ party. • • s/ Rwc L. ~rdner rsfwu cs~u! Lola I. GardnQr ~,q ~ $27~00 i state Revenue t~?U tsr~~ w~sYei.or ~~iginrL.aolr) • iVOW, THERfFORE, the AAORTGAGOR fp the r i 8~ 0~ ~ pv pose of securirg paymem of ssid sum of ; • , and the pe.formance of ths covenants and ~greements hereinafter expre:sed, and fw divers goo! and vslwbte consider~tions, by these prese~ts, does grant, bar~~in, utl, remiu, relcasa, convey and coniirm u~to tF+e 14f~RiGAGEE, ib successors and assigns, all that certain bt, piep p parcei of lu~d, aituate, lying, and being in the County of $t• ~.LtCie ~ and Stafe af Flo?ida, dcxribed ~s fdlowt: Co~enencing at the NB corner of the South 1/2 of the Wes! 1/4 ~f the SW 1/4 o~ the NW 1/4 o~f Section 10~ Township 35 South, R~9e 39 Bast~ r~ thence west 160 f~et to a point of beginning; thQnce continue West 111.03 f~t to the Baat right-ol.w~y line of the F.R.A. Road; thence twcn an interior angle o~ 94° ~02" and sun South 412.80 _feet; th~nc~ twrn and zuri Bast parallel to said kortb line 111.00 feet; thence tuxn and run Norsh 412.65 f~et to the point of beginni,~g; said land Iyfng and being in SQCtion 10, lbwrrship 35 South, Range 39 Bast, St~ Lucie Countq~ FZozida~ SUBJ~CY to right of way !or roads~ canals and easeaen~s for public utilitiea and ~abject to taxes !oz the year 1964. ? . _ os ~ OOCt1MENiAR~,~`~'~~"'~Mp~Q` ~ ~ , v~ tt~EryEp IN PAYMENT OF TAl(ES ~Er.J. ItE~I E~' 9UE ON CIASS 'C INTAI101BLE PERSO!iAL P~tOPER(Y, ~ m _ ! "'~o ~ = = ~f`.f~ - + ~ ' o ~ : PURSl1ANT TO C~WPTER 71-134. AC7S OF 39I1. ~ iAP ~ . ^ o = ~ ~ ? ! ROGER PORRAS ~ ~ ClE~1( CIRCUIT OOURT, ST. UlC1E 00, FIJ~ i ~ ~ rogether with all snd singular the tenements, lxr~tsmenq and sppu?tsnces thereunto belwging or in soywise appertiining thereto, and ~II renri, iuves, proceeds ~nd profia xavirg and to xvue from said premises, a!I of wh;ch ue included in the al~ov~ snd foregang descriptan u+d habendvm. ~ ~ TO HAVE M!D TO HOLD the above drsaibrd and gr~nted premises unro the said MORTGAGEE, its svccesson and auigns forever. Md tir s~id ! ~41~RiGAGOR for thei= he;rs, executors, administrators aix! assigns, hercby covens~b with the ssid MORTGAGEE, iri successors and aui~u, ! rhat thev al'e _ ~awfully seized of the said pemises in fee simple; that the ssme e?e frae, ckar and dischsrga! from all liens and encum- brances in law or in equity, aod that thev will snd thoir hein shall wa~ra~t a~d dcfeod the tit;e to the ssme to tht said MORTGAGEE, its svccessors and aasigns, forever against the lawfuf claims and demsnds of all persons; VROVIDED, AIWAYS that if the MORTGAGOR shall pay unto tAe MORiGAGEE the promiasory rate hereinbefo~e described sr+d sh+ll ttuly, promptty and fully perform, dixharge, esecute, compltte, comply with and abide by each and every the stip~lations, agreemenh, cooditaro snd coveMnts of ssid promit3My rate and of this Mortgsge, then this Mortgsge snd tfie Estate hcreby ueated shalt cesse a~d be nuH and wid. r IT IS UNDERSTOOp that the word "Mortgsgor" whetF~e~ in the s~ng_+e: or plwal anywhere in tl~is Matgsge, sball be singvlu if one only and ~hall be plu:al jointly and severally if more than one. and tha! the wwd "their" as ~sed anywhere in this Mortgage shall be tsicen to mean "his,'• •'hen•• b~[ , or ^its;' wherever the context w impi:zs x admits. Alw, that WIMflvK there is a refcrence in the coven~nts snd agreementa herein co~tained to a~y of v rhe partid haeto, the same shaN be constr++ed to mean as ss the Fxirs, legal repreient~tives, wccesiors and assigns (eithe~ volu~ury by ~c1 of tht ~ pa.ties or involuntary by operat~on of the law) of the same and that the covenants herein contained shsll b7nd ~nd the benefi» and advsnt~es inwe ~o the respective he"ns, kg+l represcmatives, succcsso~s and au'g~s of the parties hereto. Md said Nbrtgsgon, io? themselres and their heirs, legal rep~esentatires, succeuors and suigns, hereby joinHy snd severslly covenant and agree . ro and with the said MORTGAGEE, its successors snd suigns: 1. To pay sll and sing~Iar tik pr;nc;pal and ;metest ~nd the vara~s and sundry swns of money pay~ble by virtve of said promiasory ~ote, and this p~o mortgage, each ~nd every, prompNY on tf~e days respect~vety the ssme severatly becane due. o~: Cm : 2. To psy ~tl and Hr?gular the axes, assessmenes, lev~es, liabil~r~es, obligat~or?s snd encumbanca of every nature s~d kind ~ow on sa~d desuibed Property, or that heresfter msy be imposed, s~ffaed, plated, levied, or asscssed therepn, a that hereafter msy be levied ot assessed upon this Akorf9- age, o~ the indebtedneu stcured hereby, each and every, when due snd paysbte, xcwdirg to law, before they becorr~e del+nqver.l, and befwe any internt anz~hes p ~ny pcnalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORO THE SAME SHAII 8E PROHIPTLY SATISFIED ANO DISCHARGED OF RECORD AN~ THE ORIGIhAI OFfICIAI OOCUMENT (SUCH A5, fOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER Off1UALlY ENDORSEQ OR CERitf1E0) SH.4ft BE PLACED IN THf HAMDS OF S~41p MORTGAGFF WITHlN TEN DAYS NEXT l.FiER PAYMEN?; a~d in the rvent t!?at any thereof is no1 pa~d, sat sfied and diuharged sa:d MORTGAGEE msy at any t~me p~y the same or a:+y pan thereof without waiving or affec~ing sny opNon, I'~en, eq~rity or •+qht under or by virtue of this mo+tgage and the full amount of each and every such payment shall be immediately due a~d payabk and shall beu interest ~~om r!x date thereot until ps~d ar rate of n~ne per cenr~m per annum and togNhe~ w~th svch inte~est shsll be yecvred by th~ titn of th:s rnxytaye. .~~n~~.~. . ~ _ _ __s . _ iY-_ _