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HomeMy WebLinkAbout2741 ~ z49s~ 4 TNIS INDfNiURE. 1N+d~ ~hs 13L~ day of ~Y~ A.D. 19_3.+~ bstw~ l.~ROY C.L~~.-~_gli~rSL~~lI~ ~_$~~a . of St • 1+1lC~e ~ Cpinty Florida, hereinafter d~signaied +s ~M "MORTGAGOR," ~nd fIRST fEOERAL SAVIN(iS AND IOAN ASSOCIATION Of FORT PIERCE, ~ co~por~tion orpu?ised and existinp u~de~ t!w laws o/ 1FN United $t~ty o) Mnuic~ and Mvinp in pincipal pl~t~ of businsss in tM Ciry of Fort PiKU. St. luti~ Cou~?ty. Flotida. hertina(ter deaiynat~ ~s 1M "MORTGAGEE.•• WHEREAS tM MORTGAGOR is ~.ra~ly indabt~d to tM MORTGAGEE in the wm of = 17 ~ 1~. ~ good and Iawful mw~ey oi the Un~ted i Srates advarxed by ths MORTGAG£E u~to the MORiGAGOR, ss avidenced by a certai~ p~omiuory note of even d~te herewith, of wh~ch ths followinp in ' wordi snd fiy~res is a trw copY. to-wi~: = y'1~1~~_O~ Np 10019g37 Fo.t P~e.~•. F~«id,, Mgs ch 13 19._T~ For wlw received, 1, we a either uf us, promise to psy, without de~alcition, to the order of FIRST fEOfRAI SAYIPlGS At~D La~AN ASSC~CtAT10N OF FORT PIERCE at Fwt P~erce, F{w~da, the sum oi S 27t1~~ 0O w;th imeresr (rom date at the rate of i6 per amwn, ~n ~hont~Iy inYall- ~nenrs as (ollows: = 241~~ on the _~Q~11 day of l9~~ +nd a like sum on the co?respond~rg day of va~h month thert- afrer until the whole be fully paid- Each instal~ment first shall be appfird in payment of the interesl ~nd then on the vnpaid b~lsnce of the princ~psl sum. li def~ult is ms~ie in tla ~;.,yment of any instatlment when due, and such defautt comin~s 30 days, lhen af the option oi ihe holder, and w;thout any othcr notic~. all the re.naininy ;nsratlments shall be due and paysble at once. Privileye is give~ to prepsY this oots in whole or in psrt at sny time without pcna!ry. Neit!'.e~ forebeat3nce. r.o~ acteptante by the ho!de~ thereof after any defavlt i~ any payments hcreon, shall be deemed exlensan. A late payment thar~tt of S 7X~ shafi be odded to eath ins?allment remaining unpaid 7 days afta in due date, and a like sum shaU be added ro each such installment rerr.aining unpaid 7 days aftN each sutceetling paymenf data ' ~ Esth maker, w~ety and cndwse~ hereof, jointly and uve~ally, waives dcmarxl, preser~tment protest a~d notice of protest for norpayrrxnt, and further ~ agrees to any extensan of t~me of paymeot, ei+F~ be~ore or after matwiry, without notice to any of us; and to pay all costs of coY.tllion, inctud~np a reasonsbk atrwney's fee in the ev~nl of any drfaufJ hereunder, and hcreby severally waives all benefit of homestead and exempfion under 1Ms wnstiMiw~ ~ and laws of each btate of the United Sta:es, as against this obli9ation w any extension o? renewal hereof. ~ Witness the hand a~d seal of each party. ~ ' s/ LeRoy C. Hsu4h ~ t~w (s~?U s/ Bettv H=uah ~,q S2S.65 ~ ( 1 State Revax e (s~.t~c~Allod.r~sr+aiaiJ.~W ~ • RIOW, THEREfOQE, tAe MORTGAGOR for the purpose of securirg payment of said sum of = i 7~ 1~. ~ ~~nd the pcrfamance of ths coven~nts u~d sgreements hereinafter expressed, a+~d fw divers good aod valuable considc~atio~s, by theae presents, does gr~M, barya:~, sell, remise, releax, convey ~nd confirm ~nro 11x N10RiGAGEE. ih sutcessors and augna, oU ti~at ceruin bt, piece ot pi?ce) of Iand, situate, lying, ~nd beirg in 11a Couny of St~ LitC~! and Srate of Florida, desoibrd as fdlaws. ~ ?he North 15 f~rt of Lot 12, and all of Lot 13~ Block 3~ ~ t i WILBUWB SUBDIVISION, as p~z plat thereo! on tile in Plat ! ~ Book 6, Page 24, of the Public Records of St. I.ucie Count_v! ~ , i RloYida. ~ ~ ~ ~ ~ ~ Rf~E1YED d IN PAYMEHT Of TAXfS ' ~ ~ ppZy1111EN ARY StAMP _ /~irt'~ . ~ ~ ~ oN cuss ~c iNr~r?cig~ ~rtssu+~a~ ~eo~en 0 ' ~ ~ ~ ~rE~ _ ' • C ~ Pl1RSl1ANT TO GIAPTER 7I-I3~1, ACTS Of 19I1. ~ ..s~ ~ z NYIi"f~ 6~7 ~ R06ER POiTRAS ~I~J w ° = o~ ~not. ~ ~ CtE1~I CltipJR COURT, ST. Ll1C1E 00, FtA ~ rogether with all and singulu the tenements, hereditsments and ~ppwtances therevnto belaging or in ~nrrvise appertai~ing therefo, ~nd all renb, issues, j prOCeedf snd profits scauirg snd to xcrue f?om said prem~ses, all of which are included in t??r above ard foregoing deacripYan ~nd habendum. ' TO H/lVE AND TO HOID the abova described and g~anted pem;ses unto the ssid MOR7GAGEE, in ~vaesson aod ~signs forever. Md th~ s~id ! ~ORTGAGQR for th@i= - heirs, exrcuton, sdministrators and suigns, hcreby covensnri with the said MORTGAGEE, iri wasssps ~nd assipro, ; ~ ~hat ~~e - lawFully xized of the said premises in fee simple; that the same ue free, c{ea~ and d?sclWrged from sll liens and encum- brances in law a in equiry, and that they will and their hein yhall wsrrant and defend the title to tMe s~ms to the ssid h10RTGAGEE, its succeuors snd issigns, forever sgainsf the lawful c(s'~ms and demands of ati persons; _ i PROVIDED, AlWAYS that if the MORTGAGOR sF~ali pay vnto tl~s MQRTGAGEE the promiuwy rate hesei~before described snd sMll truly, ptomptly and fuily perfwm, distharge, execute, compkte, comply with and abide by each and every the stip~rlations, agreemenri, conditions snd tovenants of said promiuwy ~ete and of this Mortgage, then this Mwtgage and the Estate hcreby veated shall cease and be nufi and wid. ~ IT IS UNDERSTOOD tMt the word "Mwtgsgor" whether i~ the s~rgular or ptu•al s~ywhere in tka Mortgaqe, shaN be singulu if one only a~d i ;ha!! be plwa! joinNy snd severally if mors than o~e, snd that fhe wwd "their" as used ~nywhere in this Nbrtgsga sF~sll be t~ken to mean "his;' "hers;' a or "i t s," w h e reve~ t h e con tex t so impues or a~ min. A lw, t h at w h e rever t here is s re fe~e~ce in t h e coven~nb a n d agreemenb h e rein contsined 1o a~y of ` the partiq t~ereto, the ssme shsU be construed ro rt?ee~ as well as the heirs, leyal iepesentatives, wccesso~s and sssigro (either volunury by scf of the parties a invotuntary by operation of the law) of the same snd that the covena~n herein co~ui~ed shall bind snd the benefiri snd ~dvu~ts9es invre ' ~ ro the respectire he'ui, legal represent~tives, svcceuws and au~g~?s of the purip hereto. t Arxl said Mwtgsgors, for themxlves and their heirs, legal representatives, successors and assigro, hereby jointly and severally coven~nt snd agree f~ snd with the said MORTGAGEE, its succesaors snd assgns; T~ ~ 1. To psy all snd sing~rlu the princip~l snd interest snd the various snd sundry sums of money psyabk by virtve of ssid promiasory rate, ~nd this mwtgage, each and every, promptly on the days respedively the same xveratly becpne due. I 2. To psy all ~nd singular the tsxes, suKSments, tevies, t7abi&r~es, obligar;ora and encvmb?ances oi tvery narure and k~d now o~ said descr~ed pr~ ~ property, or that hereafter msy be impo~ed, wffaed. Plated. levied, or sssessed thereon, w thst heresfter may be levied a ssseased vpon this Mortp- p~ age. w the indebtedness secured hereby, each and every, whe~ due and psyable, auwd~rg to law, be(we they beconv: delir~yuenf, and before sny inte?est atraches w arty penalry is incvrred; AND INSOFAIt AS ANY iMtRtUF Ij OF RKORD THE SAME SHAII dE PROMPTIY SATISFIED AND ~ISCMARGED OF RECORO AND THE ORIGthAI OfFICIAI DOCUMENI (SUCH AS, FOR INSTANCE, THE TAX RECEIP? OR THE SATISFACTION PAPER OffICIAIIY ENDORSE~ ; dR CERTIFIEO) SHAII BE PLACEO IN THE HANOS Of SAtD MORiGAGEE WITHlN TEN DAYS NFXT AFiER PAYMENi; and in the eveot thst ~ny fhereof is ~ot pa~d, sst-sfied snd discha~ged sa:d MORTGAGEE may at any t~me pay the same r. any pan tF+ercoi witFaut w~iving w sffecting a~y option, lien, eqviry or •~~ht under or by virt~e of this morfgage and the fvll amount of each snd every such payment shall be immediately due snd payable and sF~all lxar enfe~est jrom rhe dare ehereof umil pa;d at ?aTe of n;ne pe• ccnrum per anrwm and ~oge~he. w~~h such inrdest shall be secvred by the lien of fh's morgtaye. ~ . . . _ . - - ~ • ,~t . _