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HomeMy WebLinkAbout0971 25U563 TMIS INDFNIURE, Nl~d~ ths 14tb d+ of Mi~Cb A.D. 19 73 b~tws~n Ltitbes P. ~iat! •ld and L.c~ Mt„,~a ~s- h.i.s ail~ , ~ of - St. Lucie ~p~ty Fbrid~, Iwr~iMftu d~sipnated ~i tF» "MORTGAGOR," snd 'fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. ~ oorpor~tion oryu~i:~d ~nd txi~ti~g u~da tM law~ of tM Ui+it~d StaNS of llmwiu ~nd havinp its principai piac~ of businp~ (n th~ Ciry of Fort PiKU, St. L~ Couoly~ flori~la, henFnahK dtsipnat~d ai !M ' MOATGAGEE ~ • WHERFAS tFN MORTGAGOR b jwtly 1ntlebad to tlu MORTGAGEE in the sum of = ~9~6~~~ , yopd and lawful money oi the Un~ted Stat~s advanced by tM MORiGAGEE unto the MORTGAGOR, as evidenced by a ce~tain promiiswy note of eva? date herewith, of which tM followinp in wordt ~rd fiyures h a trw copy, towit: ~ 29~600.00 ~ 10019549~ Fwt Pierc~. Florida. Mil'C~f 14 ~q'/3 Fo? value received, 1, we or either of vs, promise to pay. without defalcatio~, ro the order of FiRST FEDERAI SAVINGSs AND LOAN ASSOCIATION OF FORT PIERGE at Fort Pie?ce, Florida, the sum of = 29+6~• ~ w~th interes~ f~om dats at ths rate of ~t~~ pe? an~um, in monthly install- `Z,~ menh ss follows: on the i~t21 da of ~y . 19 73 and a like sum on tF?e cwres Y pondtrg day of each month there- afte~ until ~ha whole be fully paid, ~y Each instaliment fint shal) bs applied in payment of tha interest u?d then on the unpaid balante of the printipal sum. If default is msds in 1M ~ payment of any installment when due, and such default continues 30 days, thm at the opYw~ of the holder, and without any other notice, all t1+e remsininy insullmenn shall be due and payable at onte. Privile9a is given to prepay this note in whote or te pa~t at any time withouf pen~lty. Neither forebN~ance, 1 nor ~ccepqnce by fhe hoider thereot after any default in any payment~ hereon, shaU be deemed extension. A late payment cMrge of 1~ 2.20shall be added to each installme~t remaining unpaid 7 days afler its due date, a~d a like sum shall be sdded ro each such inatallment remaining unpsid 7 days after ~ ' each succeeding payment date. \ Eath maker, surery and endorser hereof, joiMly and sevieralty, waives dcmand, prescNment p~otest and nolice of protest for ~onpayment, snd furthe? ~ a9rees fo any extension of time of payment, either before w after maturity, without notice to any of us; and to psy all costs of collectioe~, includ~np • - reasonabk attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption u~der the conslitutbn ~ and laws of each State of the United States, as agsinst this obtigation w any eateos'wn a rer?ewal hereof. ~ ~tness zF?e hsnd and seal of each party. ' ' s/ i.uther P. Natfield ~ (SE~?U ~ ~ _s/ Lou N.=Hatlield ~ _ cs~?U ~ ( ~ 4O ) State Revenve . (S~s.r.a~dld. ~ ri~i~ at a~t~l. NOW, THEREFORE, tha MORTGAGOR fw the purpose of securing psyment of uid sum of ~ 29 s~~~ ~ ~nd 1M performance of ths covenanri and s9reements hereinafter expressed, and fa divcrs good ~nd valuable tonsider+tions, by these prcsenri, does g~ant, ba~yain, sell, remise, release, convey and confirm unto the 1NORTGAGEE, its successors and assigni, all that cc?tain bt, p'~ece or pucel of I~nd, tituate, (ying, and being in ths County of $t• i.ucie and State of Flwida, dewibed as fo~lows: Th! Sonth 100 feet of the Notth 11 • 36 chai,ns af Lot 2 i.n SQCtio~ 36, ?awnship 35, Range 40 Bast. BJOCBP?ING THBRBFROM aII rigbts of way for thQ Florida Bast Coast Railway aad !or public rw?ds. ? 1'OGBTHBR with ripazian zights of pextinent theYeto. ~~r" O ~y DOC~\ 1 k~~ ~RIC~A ~ ~ taN?~ A x 1 9~ iN P~n,~xr o~ v~s t~ N Pt. Oi . t. R'~E{~p ~~NTANG1alE Pf'=`~~dL ~R~ sr ~ ~ 4~ pf 1`J]l. ~ = :;~z~~ . ~ 4 4 0 t ."E ~ To : . ,S ~ ° ~ ~r Ot! . :r; :E'. P^vl, "A' CA, ~ a ! Rt. S~-~ . . . CIRCUIT ~h , ~ v rogether with all snd singular the tenements, heredit~ments and appurt~nces thereunto belorging or in anywiie ~ppert~iniog thereto, and dl renri, iswes, proceeds ~nd profin acauing ~nd to acvue from said premises, all of which sre included in the ~bove and fwegoing descriptio~ and f+~bendum. TO HAVE AND TO HO the above described +nd gnnted premises umo the isid MORTGAGEE, its successors and usiq~s forever. Md tlw pid MORTGAGOR for tbe~r hein, executon, sdministrston snd sugns, hereby covenann wirh rhe said MORTGAGEE, iri suaeuas ~nd sssipn~, that -~Y ~e lawfully seized of the ssid premises in fee simple; rhat the same are free, ck+r and dixhar ged from dl liera ~nd encwm brances in I~w a in equity, snd th~t ~ey will and their hein shall wurant and defend the titk to ths s~me to tht said MORTGAGEE, iri successors ard auigns, forever sgsi~ut the lawfvl cliwns and dem~nds of all perwro; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry note hereinbefore described a~d sMll truly, {xomptly arx! fully perfo?m, disch~rge, execute, compkttr, compty with and abide by each and every tF~e itip~lsrions, agreements, conditiaq ~nd coven~nd of said ~ promisswy rqte and of this Mortgage, then this Mortgage and the Estate hereby aeated shall cease and be null ~nd void. IT IS UNDERSTOOD th~t the word "Mortgagor" whether in the singvlar or plwal ~nywher~ in this Mortgape, shall be sinpular if one only and ~ shall bs plural jointly and severally if more tMn ane, and that the word "the'a" as used ~nywhere in this JNortgage sha!! be bken !o mean "h)s,•• •'Mn,•• a"iri;' wlrorever the context so implies ot ~dmiq. Alw, thst wherever there is a refere~ce in the covenanri snd agreeme~ts herein oontained to uiy of the parfies hereto, the same ihall be construed to mea~ ss well as the hein, 1e9~1 represent~tives, successon ~nd ~ssig~ (either volumary by ~ct of the ~-u psrties or involu~tary by operation of the law) of ti+e same and tF~st fhe covenants herein contair:ed shall bind u~d tF~t benefiq a~d adv~ntapa inur~ ro the respective heirs, legal representatives, wccessors s~d ass~gns of the parties hereto. And said Mortysgors, fw themselves snd their hein, ley+l representatives, succeuws ~nd euigru, hareby jointly and sevaally coven~nt ~nd apree ~ to and with the said NWRTGAGEE, its s~ccessors ~nd auigns: ~,,,i 1. To p~y ~II and sirgulu the p~incipal a~d interest and ths wrious and sundry sums of money payabl~ by virtue of s~id promissory note, and this ~ matyaye, sach and every, promptly on tFa days respectively the same severally becw?~e due. ac arcl 2. To p~y dl ~nd sinyvlar the taxes, assessmenb, levies, Ii~biliY~es, obliyaYwu and errcumbances of wery natur~ and kind now on s~id dasvib~d . propaty, a tMt hKe~ha maY bs imposed, suffered, pbced. levied. or ~ues~ed thenon, a tMt hereafter may b~ levied a assessed upon this Morp- ye, a tFN indebtedneu secvnd he~eby e+cF? and ~very, wMn due and paysble, accordiny to law, betor~ they becans delinqvent, ~nd b~fws any Inter~st attathes w arly penafty it inC~rred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SNAIL dE PROMPiIY SATISFIED AND ~ISCHARGED OF RKORD AND THE ORIGIHAI OFFICIAI DOCUMEN? (SUCH A5, fOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OffIC1ALLY ENOORSEO OR CERi1F1ED) SHAII BE PlACEO IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN7; ard i~ the event tMt any tf~~of is no1 paid, sat:s(id ~nd disclur9ed sa:d MORiGAGfE rrNy ~f any time pay the aame or any p~n thereof withoW waivirg w~ffectiny ~ny option, lim, puiry p •~pht under or by virtw of this mo.?ysqe ~nd the fvll amou~t of each and every ~uch payment sMll be immediatel~ due ~nd ~ay~bk ~nd shall bta intarpt s~an fhe d~u ~hereof unril pa~d aT ra~e of ni~e per cenrvm per ~m,um ~nd rope~he. w~~fi wcl~ in~e.esr ~h~ll be sccured b~ tke lisn of th:s maQtap~. - - - - - - ~ - - - - - - -