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HomeMy WebLinkAbout0262 250048 ~ TNIS INDENTt1REi Mad~ th~ l9th~ d~y of ~ YCh A.D. 19~ b~twNn f.,. ~ ~ . } Jos h P. l.on and Dorothy B. Long, his wi!'e af St • L11C e Co~ety fbrida, Iw~~inaftK d~signated ~s tht "MpRTGAGOR;' ~nd FIRST FEDERAI SAVINGS AND IOAN ASSOCUTION OF fORT PIERCE. • corpaation orpanis~d and ~xutiop under th~ laws of tM Unit~d St~i~s of MMwriu ~nd h~vinp ita princlp~l plx~ of busie~ in tM CF~y of fwt Piaa, St. Lucl~r County, Flaida, MninaftK d~i~nated ai tM '1~Ruo11yEE~'_ YVHEREAS tM MORTGAGOR is ust ind~btd b tl» MORTGAGEE in the sum of = a~3 opP.pp 1 ~Y ~ ~ood aod lawful moMy of the United S~~tef sdvanted by tlw MORiGl1GEE umo Ih~ MORTGAGOR. +s evide~cad by a certain promiuo?y note of eve~ date herewith, of whith ths followinQ in ww~ and fiqur~s a• trw copy, to-wif: = 28.60~•00 H, ~00 51,~73 ~n P~.?~.. Fio.td.. , Ma rch 19a Fw valve received, 1, we w either of us, promiie to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIAt10N Qf FORT PIERCE at fat Pierce, Flwida, 1he sum of = 28 • 6~ with imere~t irom date at the rate of Z~_% per aonum, in month~y instalF menti as foltowi: = 222•~ en ~he Z~th d~y of ~y 19~3 and a like sum on the careipondirg day of s~th mo~th tfiere- a(?er until the whole be fully paid. Eath ins?allment f'ust shall be applied in paymeM of the interest and then on the unpaid bslance of the pr~~c~pal wm. If default ts made In the payment of any in~tallment when due, and such defauh continues 30 days, then at tix option of the holder, and without any other ~otice, atl t~w remaininy ~nstallments shatl be dus and.payable at once, P~ivilege is given to p~epsy lhis note in whole or in p~rt at sny t~me without penalty. Neither fwebearance, nor accepta~ce by the holdei the~eof aftcr any default in any payments hereon, shall be dcemed exte~sion. A late payment charge of S 1O•~shall bs added to each installment ~emaining unpaid 7 days after its due dats, and a like sum shall be added to each suth installme~t remaining unpaid 7 days after each tvcteeding payment date. ' Each maka, surety and endoner hereof, jointly and severally, waives demand, presentment p~otest and notice of protest fw nonpayrrxnt, and fuAher agrees to any extens'ron of time of payment, either before w ahe~ maturity, without notice to sny of us; snd to pay all costs of collection, including a reaso~able attwney's fee in the event of a~y defautt he~eunder, and hereby severally waives all benefit of homestead and exemption under the cautifutio~ and laws of each State of the United States, as against this obligation or any extension a renewal hereof. Witness the hand and seal of each party. ' cseaU s/ Jose~h P. Long ~,,,u !5~?U $42.90 s/ oorothy E. L,ong ~ ( ) State Revanue 4Staaps-~cawc~llKl ~r?.~ri'iws~ r~w~i • Zg ~O • ~ NOW, THEREFORE, the MORTGAGOR fw tF~e purposa of secvrirg payment of said sum of = ~ and the performsnce of ths • covenants and aQ~eements hereinaft~v expressed, and fw divers good a~d valwble considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm u~to the MORTGAGEE, its succeuors and auigns, ell that certai~ bt, piece or pucel of land, sit~ate, lying, and being in the Couny of - St . Lueie , u~d State of Florid~, dewibed as follows: Lot 3, CRIST SUBDIVISION, as per plat thereof on file in Plat Book 15, page 8, of the public recozds of St. Lucie County, Florida R~~~'~ Q P 1 . ~ ~?a'~ f ~~''g4 ~ ~ ~ ~ Rg~ry~ ~ IN PAIRIENT OF TAX~ ~ MIE ON CIASS'C INTAN6lBLE PfRSO:iAI PROPERII~~~~ ~ ~ i i , pORSWNi TO f~ER 71-134. ACTS OF 1911. eP ~ t~t ROOER POITRA3 0 :?~~w CLEIR CIRCWT 0011RT, Si. tilClE GQ, FlA i~ p ~ rogether with sU snd singular the tcnemenn, hcreditsments snd sppurtances tF~ereunto belaging or in ~nywise appertaining therefo, and ~II rents, iuues, proceeds snd profits accruing and to acuue from said premises, all of which are inclvded in the above and foregoing desuiption ~nd Mbendum. TO HAVE AND T FiQID the above desvibed and grsMed premises uMO the aid NWRiGAGfE, iri sutcessors and suigeu foreve~. Md ths said MORTGA~~ a 1e~el r executon, sdmi~istratws a~d suigns, hereby covena~+b with the said MORTGAGEE, its successon and ~ssiym, rhat lawfuily seized of the said premises in tee simple; tFwt ths same sre free, clear and dischatged from all liens and encum~ brances ie Isw w in eqviry, ~?~d t~~they wil! snd the'lI F~ein shall warrant and defend the title to the ssms to tM ssid MORTGA6EE, its successors and assigns, forever against the lawful claims and demands of all persorn; PROVIDED, AlWAYS that if the MORTGAGOR shall p~y unto the AhORTGAGEE the promiuwy ~ote hereinbefwe described snd shall fnrty, promptly and fully pe?fwm, d~xharge, execute, complete, comply with and abPde by each and every tF~e stipulations, agreements, tonditio~s and cove~snb of uid promiuwy rate and of this Mortgage, then this Mortgage and the Estste hereby veated shall cease ~nd be null and void. IT IS UNOERSTOOD that the word "Mwtgsgw" whether in the sirgular p plwal anywhere in thia Mortgspe, shall be sinpul~r _ if one only arx! shall be plural jointfy and seve?a(y if more than one, ~nd that the wwd "their" as used anywhere in ih"a Mwtgage shaU be taken to me~n "his," "hen;' w"iri;' whcreve~ the context w implies or admits. Also, thst wFierever there is s rcfere~ce in the coven~nts and agreements herein oontained to any of the psrt'~es hereto, the same shatl be construed to mean as well as the hein, leysl representativn, wuesson and assigro (either volunary by act of the parties w involuntary by ope~ation of the !sw) of tF~e s~me and that the covenants herein contsined shall bind ~nd the be~efin and dvsntapa inur~ , to the respective heirs, (e9al representatives, succeuors and au~gns of ths parties hercto. And said Mortgsgon, for themselves and their hein, Icgsl representativa, successor: snd auigro, hereby jointly and severally cwerunt and ayree to and wirh the ssid MORTGAGfE, its suaessors and suigru: 1. To pay all and ~inQular tF~e principal and interest snd the vsriwn and sundry wms of money p~yable by virtue of said promiswry note, ~nd this mortgage, esch and every, promptly on the days respectively the ume uwra~ly become d~e. 2. To pay all ~~d singular the taxes, assessmenb, levies. IiabiliY~es, obliy+tiont and encvmlx~ncet of every n~hne and teind now on ssid d~scribed property, a tMt hereaftar m~y bt impwed, wffend, plxed, kvied, or auessed thereon, a thst here+fter msy be {ev'~ed a assessed upon this N1ortQ- +ye, a the indebtedness secured hereby, ead~ and every, when dw ~nd payabk, sccadin~ ro I~w, before they become delinquent, ~r+d b~fore a~y imer~s~ attaches w any penalty is irxurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THf SAME SHALL Sf FROMATIY SATlSFIED AND ~ISCHARGED OF RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCF, THE TAX RECEIPT OR ?HE SA115fACTION P/1PER OfFlC1AllY ENDORSED OR CERTIf1ED) SHALL 8E PIACED IN THE HANDS OF SAID JNORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; u+d in tfx eve~t tMt aMr thereof a tat paid, sat'sfied and disch~rged se:d /NORTGAGEE may at any time pay the s+me or sny part thercof without waivirg a affectinp any optan, li~n, tqvih a , •ipht under w_ by vi~tue of this mortgs~e and the full amo~nt of each and every svch payment shall be immcdiately due ~nd payabk a~d sMll bew intKest ~rom the date ~hereof until paid a~ rate of nine per centum per ~nnum ~nd toyethc. w~rh such interesr shallo Rucured~ y t!?e lie~ of th:s morqipe. zv~~ 21~ - - - - ?~k , =--~...r:_~