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HomeMy WebLinkAbout0384 v v.i V V ~ THIS II~ENTURE. Nl~tb tM 21st d,y ~ March ~o~~ . , ~ , , _ Arlev P. Hatch and N~+ncy B Hatch, his ,~ite of -St- - L=;p CpuMy Fbrida. MniMft~r d~sipn~ttd a~ th~ "MORTGrAGOR:' ~nd FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, ~ oapaatan or~uuz~d ~nd ~xatir?p vndK tM laws of tM Unit~d Stata of AmNiu ~nd Mvinp in principat pl~c~ of busioas In tM Gry of fwt PiKC~, St, lvci~ Couety, Fforid~, Mr~inafb,r dsslpnatd u th~ "MORTGAGEE." WKERE/1S tl» MORtGAGOR is ~ntly ir~bt~d ~o thi MORTGAGfE !n ths sum oi i 2b . 1~ 9ood ~nd I~wfu~ money of the Un~ted Statea advant~d by tM MORTGAGEE ~n~o Ih~ MORTGAGOR, at ~videnced by • certain promiuory ~ot~ of even d+te herewith, of whith tM followinp in words ~nd fiyvr~s is a Irw copY. towit: ~ 26~ 200,, 00 . t~, 10o1Q584 ~ P~.. March 21 _ ~9~~ Fo? val~e received, I, we or either of us, promise to p~y, without dafalcatio~, to ths order of FIRST FEOERAL SAVINGS ANp IOAN ASSOCIATION OF FORT PIERCE at Fo?t Pierce, Fbrida, the sum of 1~.. with interest trom data at ths rate of 7•-^76 per annum, in rtwr~~Aly inttal~ ~ „~enn as fdlows: ~ 193•~ on the~.OLfl ~y of Ju~lv , 19_ 7~ ~nd a like ium on the carespa~dieg dsy of eaci~ mor?sl~there- ~ after until the whole bs fully paid. • , L Esch instalGnent fint shatl be apptied in paymant of ths interat and the~ on ths unpaid balance of the prindpal swn. If default is msde k~ the ~ paymeM of ~ny installment when due, and wch dafault contioues 30 days, thcn at the option of the holder, and without any other notice, al) 1he remaining _ \ installments shall be due and payabk at once. Privile9e is givee to prepay this nots in whok or ~n part af any time withovt penahy. Neithet forebeat,tnt~, ~ nor ~cceptsnce by the hotder thaeof after aoy default in aoy paymenq hereon, shaN be deemed extension. A lats payment charge o~f,; 9• 65 fhs~t be added to each inttallment remainirg urtpaid 7 days aher its dve date, a~d a like wm shall be adcled to each such installment remsining ~~paid 7 Japs after ~ each wtcaeding psymenl date. ~ Eath m~ker, surery and endoner hereof, joimly and seve?ally, waives demand, presen~menf pro~est and notice of protest fw nonpayment, and further agrees to any extension of tirrK of payment, either before w after mawrity, wi!hout notice to any of us; snd to pay all costs of collection, includinp a reasonable attorney's fee in the event of any defautt Mre~nd~?, and hereby severally waives all benefit of homestcad and exemptio~ under the constitution ` and laws of each State of the United States, as aqainst ihis obligation w any extension w renewal hereof. Witr~ess the hand and seal of eaci~ party. ~ _ s/ AYley P. Hatch ^ ~u ~ ~ _ . ~ ~?u ~ . ~ - 39.15 s/ Nancv B. Hatch ~ a State Reverwe {i~«~ iarnsll~~w~i~iwa4 wo~e) . ~ NOW, THEREfORE, the MORTGAGOR fw the purpose of secvring payment of ssid sum of ; 2~ . and tfie pe?form~nce of th~ covan~nts and ayraemcnti hereinafter expressed, and fw divers good and valuable conside~ations, by thess presents, does g~ant, bar~sin, sell, remise, release, convtty and confirm unfo the MORTGAGEE, its s~cceuors and auigns, all that cert~in bt, piece or parcel of I~od, aituat~, lying, and beir~p in the County of St ~ I_ ur~ i a , and State of Florid~, dewibed ss fdlows: Lot 12, Block 258, PORT ST. Li~IB SECTION 24, as per plat thereof on file in Piat Book 13, Page 31,_ 31 A through 31 C, Public Records, St. Lucie County, Florida . . fi oE tt~~ . ~ y . N% ~~Q ~ > o, . bF 6~~~'~~, t~ts ~ E~` r ~ ~ , ~ .oc ~Y'-~~,~ OMp~~~ ~ J,c, ~E~~~'v'~` ~ + _ ~ ~ rwtt~~ . R~d~~° ~ o=~ua2 . ;~a15~ ~ . - ~ ~ together with alt snd sir?g~tsr the tentme~t:, hereditamenb and appu»ances thereunto belonging w in anywise ~ppertainirg thereto, and all rtnts, isstus, pioceeds snd profin accruing snd to accrus from ss'~d premises, all of wFiKh sre uxlucled in the sbove and fweyoirg desuiption and habendum. TO HAVE AN~ TO HOLD the above desuibed snd granted p?emises unto the said MORTGAGEE, its succdsas +u+d ~ugns forover. Md flw wid MORTGAGOR for the it hein, executors, administratws and euigm, hereby oovensnts with the said MORT6AGEE, Hs svaeswn and ~ssipne, that they are lawfulty seized of the said premises in fee simple; that it+e same ~re fr~e, ckar and dixhsrged fran all Fiens snd sncu~n- brances in law or in equity, and thst t hev wilt ~nd t he i= Froin shall warrae! snd defend ths titk w the sam~ w tfie s~id MORTGAGEE, irs successors and auigns, fwever a9sinst the lawful claims and demands of all pe?saa; PROVIDED, AlWAYS thst if the MORTGAGOR shall p~y ~nto the MORTGAGEE the promistay note he~einbefore desvibed and sh~ll ttuly. promptly and fully perform, d~scharge, execute, complete, comply with and sbide by each snd every the stipuletiau, agreements, conditioro and covsn~nb of aaid prom~sswy rwte and of this Mortgage, then this Mortgage and the Estate hercby veated shall cesse a~d be null and void. IT IS UNDERSTOOD that the wwd "Mortgpor" whether in the singular p plursl anywhere in this M.artgsge, shall be si?gulu if o~e only ~nd shsll be plwal jointly ~nd sevenlly if more than a?e, and that tAe word "tF~eir" as used anywhero in this Mortysge sMil be bken to mean "hb •'hers; , or "iri;' wherever the context w implies p admits. Also, that wherevsr rhere is a refe.ence in rhe covn.nn .nd ayreamenn herein eonrair~d ro u~y of the psnies hereto, the same shall be construed to mean sa well +s the heirs, kgal r~presentatives, successon and auiqro (either voluntary by act of tht parties w iovoluntary by operation of the law) of tF~e same and that the covenants herein contained sh~l1 bind anti tl~e benefits and ~dvantsyes inwe ro ti~e respectiw heus, legal representatives, succeuors snd ass~yro of ths puties hereto. Md said Mwtgspws, for themselves and their liein, legal representatives, successws and sssiyns, hercby joiMly and sevet~lly tovenant snd ~yree to a~d with the ssid MORTGAGEE, iri svtcesson ~nd ~uigns: 1. To psy a0 ~nd sirgutar the principsl and interett and the wrious and sundry sumi of mw~eY paY~bls by virtue of s~id promissory nott and this mortps9e, eath and every, prompHy on th~ days respeclively tF+~ ssme severally betorn~ due. 2. To p~y ~II and singul~r the ts:es. auessmenq, levies. IisbiliY~es, oblgstiw~s ~rd e~cumbrances of every nature ard kind now on said desaibed property, or that hereaher msy be imposed, wffe~ed, plsud, levied, or ~uessed therean, or that her~aher may be levisd a aueased upon Nds Abortp~ sye, a tht k~debt~dness secured hereby, sach ~nd every, when doe and payabk. +ccordi~p to law, b~for~ they become delinquent, ~nd befa~ ~rryr imK~st attaches w ~nr penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII 6E PRONWTLY SAT(SFIEO ANO OISCHARGED Of RECORD AND THE ORIGtNAI OFfIG1A! OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT QR ?HE SATISfACTlON PAPER OfFIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that u?y thereof is nq paid, sat'tfied ~nd distharyed sa;d MORTGAGEE may ~t any time pay the same or ~ny part tl~erwf withovf waivinQ or affsttinQ a~y optio~, lien, tq~rity or •ipht under w by virtue of this mo?tgsye and the full amount of each and every such psymenf shall be irtwnedistely dut and payabk ~nd shall beu interqt ~?om the date thereof until p~id ~t rate of nina per centum per ~nnum and toyether with svch interqt ~ha red by the tien of th:s morqfapt. • 4c~~~~~ ?4c~ 3~4 . : ~ ~r.~ . _ - - ; A~,~ -