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HomeMy WebLinkAbout0949 ~ 25U552 ; m~s iNOEkTUR~. ~.d. ~n• 22ad d,y ~ March ~0 73 b.n~..~ BlaACh~ B. Pearce a widow ~ ~ aF SL • LIlC~~ Cpy~~y F~~~ ~tin~flM dtsipn+ttd a tM " ~TGAGOR," ~nd FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a aorporatia? apani~d and ~xatirg ur?d~r ~M laws oi tM Unit~d Saea of M+aka •~nd lavtrp fn princip,l pl~c• of busln~u M th~ G1y of Fat PiKa, St. lvci~ Counry, Florid+. Iwr~inaha d~siyn~Nd u tM " qT SOO.~ WHEREAS th~ MORTGAGOR is ~Stiy indsbt~d to tM MORT6AGEE in tht wm of ~ ~ pood u~d lawful money of tM Un~ted Srar~s ~dwnced by ths MORTGACaEE u~to tha H1pRTGAGOR, as evidenced by a certsin promissory nots of rven dat~ heriw+th, of wh;ch ?M futbriinp in wo.d~ aod f• ures Fs a:rw copy, to-wit: 1001940h'' ~ 19,SO~.00 ~ fwt PiKC~. Florida. M8lC11 22 ~ 19 73 Fw valw receivcd, 1, we w eithe~ of us, prom;se to pay, without defalcation, to tha order of FIRST FEOERAI SAVIN4GS~ ANO LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of = 19 ~ S~ with intc~est from due ~t the rate of 7 i7'76 per ~.+nwo, in monthly install- menn ai (ollows: ; 161.00 on tF?s l~t •eay of 19 73 ~nd a iike sum on the corre~pa~dirg day of eatb month therr after until the whole bs fuUy paid. Eath inatallment fint shall be applied in peyme~t of ths interest ~nd thcn on the unpaid balance of the princip~i wm. If defauk is rt?ade in the payment of s~y insqllme~t whe~ due. and such defavlt conlinuet 30 day~, then at the option of the holder, and withovt any other ratice, all tia remaining installments shall be due and psyabk at once. Privilepe is given to prepay this nofa i~ whole or in put ~t any time without pet?slty. Neither torebearurce, nor xceptsnce by the holder thereof after any default.in sny payments hereon, ihall be deemed extensia?. A late payment char~s of ~ 8~05 - sh~ll be added to eath installment remaining unpaid 7 days after iri dve date, and a like sum shsll be added to eath svch instsltment remaining w~paid 7 days afte? each wtceeding piyment date. fach maker, ~urcty and endaser hereof, jointly and sevenlly, waives demsnd, presentment protest and notice of protest for ranpayme~t, and further agrces to any ~extensan of Y~me of payment, eitFxr before w after maturity, without notice to any of us; and to pay all costs of coilecfion, inctudinp a reasonabte attorney i fee in the event of any defautt hereunder, and he~aby severally waives all benefit of homestead aed exemption under the tautitution and lav~ of each State of the United States, as against this obligation or any extensan or renewsl hereof. ~t~ess the hand ar+d seal of each party. s/ Blanche B. Pearce, a wido~u ~ $29.25 (sEwU ) srate aevenue (ZhMp{KM1ElNOd'CU~'~'Ri~inah f~OtO) ~ NC'lV, THEREFORE, Ihe MORTGAGOR for the p~rpose of securirg payment of said svm of = 14 ~ 5~ „ and ths perform~~os of t!w covenants and a9reements hereinafter expressed, snd for divers good ar+d wlwbk coraideratiw~s, by these presenri, does gnnt, barqain, sell, remise, release, tonvey and confirm unto the MORTGAGEE, ib wccessora a~d usigns, a0 fhat cert~in bt, pieoe or pucel of tand, situate, tying, u~d beinp in the County of St. Lueie , u~ State of Ptor~d+, dewibed ~s follows: Lots 14 and 15, Block S2, 1,AKEWOOD PARK~ [~iIT NO. 5 as per plat thereof on file in Plat Book 11, page 5, of the public records of St. Lucie County, Rlorida . _ - ~ t~~ o~ TARY I... R 1D A~ lt~ Q~~~~,~ ~FS . t~ x~ TA P'f A X ~ ~~s kE 39 ~ ~ ~ _ °f ~ - s ~ ° ',a~• ~ : - i ~ ° ~ ~i. -~'^RtT~3- ~ G ~y~~ ~tiE~ ? ~~~~``~'~,L+ j i , p ~ ItiR2 ` ~~4~~ t~~ '~''a\K•• /~j t ~ i,~i' ~::ts~ .c~~ ~ ~x "t~"` ~ rogether with sll and singulsr tF?e tenements, hereditaments and sppurt~nces the?evnto belaginp ot in anywise appertsininp the~efo, snd ~0 renb, iuues, proceeds and profits acuuing snd to scvue from ssid premaa, aq of which ue incJ~ded in the above ~nd foreyoing dacription snd I~sbendum. TO HAVE AND TO LD tF~e ~bove desvibed snd grsnted premisa unto tht iaid MORTGAGEE, i!s suueswrs ~nd auiyos forever. Md tM said MORTGAGOR for ~Qi r hein, executas, adminisnstors and suigns, hereby oovenanri with ths said MORTGAGEE, its suaessors and ~s~ipra, thaf they aze ~a~~i ~;:~d of rn~ ~~d ' )y premises in fee simple: th~t tM suns ~re fre~, cfe~~ and dischar9ed from all liens and sncunr brnnces in law w in equity, snd that thpT__ wilt and th~r heirs shall w~rrant and d~fend the titls fo the ame to the said MORTGAGEE, its successors and assigns, forever sgainst the lawful d+ims and demands of sll penons; PROVIDED, ALWAYS thst if the MORTGAGOR shall p~y unto the NWRTGAGEE the promissory note hereinbefors described and sh~l! t?uly, p~omptly and fulty perform, diicharge, execute, compkte, comply with and abide by csch and every tF~e stip~latiwn, a9reernenn, conditans snd coven~nts of said promissory note and of this Mortg+ge, then this Mortg~ge and the Estate hereby veated shall ce~se u~d be null ~nd wid. IT IS UN~ERSTOOD ttwt the word "Mortg~gor" whether in the singulsr or plwal ~nywixre in tl~is Allortype, sh~tl be sirgulK if one only ~nd shatl be plurel ~ointfy end seve~ally if mo~e than one, and that the wwd "their" as wed anywhere in this Mwt~~ye sFyll be t~ken to m~an "ha:' "Mn:'~ or "iti," wherever the context so implia or admits. Also, thst wherever there is a r~ferenc~ i~ the coven~nri and ~prsemenri herein conqinsd ro ury of~;ti . ~he p~nies hereto, the ssme tFafl be construed to mea~ as well as the heirs, kyal rtpresentative~, suctessois and assigro (either vol~ntary by ~ci of the~ parties or involumary by opersYwn of the law) of the s~me snd that the covsnanb herein contsined shsll bind ~nd the benefib and adwnt~p~s inut~ ro tFro respective heirs, leysl represeMatives, wcceuws and ass°yres of the ~puties hereto. w Md s+id Nlortgsgors, fw themselves and their hein, leyal rtpresentatives, succeswrs snd au~ns. l~ereby jointly and ieverally tovenant and pr~e ~ to and wifi~ tM said MORTGAGEE, in successors and auiqns: 1. To pay sll ~nd sinpulu the princip~l and intereit ~nd tM wriovt and wndry wms of money pay~ble by vi?tve of ~aid promisiwy not~, and tAis ~ morty~ye, e~ch and wery, promptly on the days rapectively tM sam~ wv~rally b~corn~ dw. 2. To pay dl and sirgvlar tFw taaes, as~esur~enn, levies, liabilifies, obliq~tions ~ed encvmbr~nus of ~wry Mtyl~ aI1tI Iu~ naw on sa;e! d~wi!»d ~j v~~h, w that Fnr~ah~r maY b~ impwed. ~uffa~A. P~~ced, Iwi~d, or ~skss~d tMrsoe, or tMt hereaher may b~ Iwi~d a~sseas~d vpon tl~is Morq- sge, or tM indsbtedneu secvred hereby ~ach u~d twry, when dw ~nd payabb, aaad' to Ihw, b~fw~ ' ug thsY becane d~linqwnf, ~nd b~fw~ aery? im~~si ~ atrathes a~ny penalty it incurred; AND I.NSOFAR AS ANY 1HEREOF IS OF RKORD TNE SJIAAE SHAII bE PRONIVTLY SATISfIEO AND ~ISCHARGED OF ~'i' RECORD ANO THE ORIGINAL OFfICIAI L10CUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFfICIAILY ENOpRSEp OR CERTIfIEO) SHAII dE PIACED IN THE HANDS Of S/lID N~ORTGAGEf WtTHIN iEN DAYS NfXT AfTER PAYMfNT; and ir~ the ewnt thaf ~ny t}»nof is no1 paid, s~Ysfied ~nd discharped sa:d MORTGAGEE may at any time pay rM s~mt or any p~rt thenof witla~t waivinq or aff~dinp any optqn, lien, puity p ~iQht vnder w by vinus of this mo.r9~ u+d ~he full ~moun~ of each u?d tvery such p~ymtnt ~hall bt imnediattly dw u+d payabl~ u~d shaii b~u intKtN ~.an the d~te th~~wf until p~id ~t rate of nine pa c~ntwn pn ~rowa? ~nd top~thtr w~ti~ such inte~~st shall bt s~cw~d by tM li~n af th:s morptap~. ~ .~y . ~ - ~II -x" -~~~S3f~~~ l~na, ~ ; ~.~'i. 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