Loading...
HomeMy WebLinkAbout1351 ;~50825 ~ THIS INDENTURE, 1111~d~ th~ 27jh ~y of INsrch , A.D. 19_.Z3.., b~twkn _ StanZey K. Douglas and Frances A. Doualas~ h~s w~f~ of -SL. Lucie ~ ~~~~y p~;~~ ~~;MhK d~ig,wred u rh~ "MORTGAGOR;' and FlRSi FEDERAL SAVINGS AND IOAN AS$QCIATION OF FORT PIERCE, • torpaatae~ pp~nistd and ~xis~inp undtr IM laws of tM Unit~d St~tq of An»rka ~nd luvlnp its principal pl~u of busiMSS i~ tM City of Fwt Pi~rq, St. luci~ Cou~ty, Florida, hereinaha d~~ipnated as tM "MORTGAGEE." WNfREAS tM JNORTGAGOR is jwtly ind~bt~d 1o tM MORTGAGEE in 1M wm oi ~ 24~~~•~ ,~ood and lawful money oi the Un~ted S~ales advinccd by ths MORTGAGEE unto tM MORTGAGOR, as evidenced by a cenai~ promiuay nole of evm+ date herewith, of which tht followinp In wwds and figurq h a t~w copy, to-wit: ' s__3.d, OA,0.0(1-_ 10019640 fat Piera. Flotida. hiarCll 27 19_73 For val~e received, 1, we or either of us, promise ro pay, without defalca~ion, Io the o~der of FIRST FEDERAI SAVINGS ANO IOAtV ASSACIATION OF FORT PIERCE at Forf Pierce, Florida, the sum of = 24~ O~0-DO w;th interes? irom d~te at the rate of ~~96 pe~ annum, in monthly inf~~lb men~s u follows: ~ 198.00 ~ th Oth ~y of JulV , 19-~. and s like sum on ti+e correspondlnp ~ay af each month there• after ~ntil the whole bc fufly paid. • Each installment first shall be applied in payment of the interest and then on the u~paid balance of the principal sum, If del~~h Fi r»ads in 1ha payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without a~y othe? ~otice,~ell the re~iaininy ~nsrallments shall be due and payable at c>nce. Privilege is given to prepay this note in whole o~ in part at any time without per.alry_ Neitt?~r forebearancl, nor acceptance by the Falder thereof after any default in any payments hereon, shall be deemed extension_ A late payment ch~rg.} of = 9~90, sha11 be added to each installment remainiry vnpaid 7 days after iti due datq snd a like sum shall be added to each such installment remain'ng u~aid 7 dsys sfier each succeeding payment data Each maker, surey and enduser hereof, jointly a~d uverally, w~ives demand, presentment protest and notice of protest fw nonpsyment, and further agrees to any exfension of time of payme~t, either before a after maru~ity, withou~ notice to any of us; and to pay all costs of colleclion, including a reasonable attwney's fee in the event of any default hcreunder, snd hcreby severally waives all be~efit of homeslead a~d exemption under the tonstitut'an and laws of each State of the United States, as against this obligation w any e:tension w renewal hereof. Witness the haod and seal of each pa?ty. s/ Stanley K. Douglas cs~?u cs~?u ~ 36.00 ~ s~F~ancQS A. pou~laz cs~?U ( w State Revenue . (SLiaq lanciU~tLon_oiigiaal oW~ NOW, THEREFORE, the MORTGAGOR fw the purpox of seturing payment of said sum of : 24~ ~0 ~nd the performance of the covenants sod agreements hereinafter expreued, and fo? divers good a~ valuabfe co~sideratiwu, by these presents, does grant, baryain, sell, remise, retease, conv~y and confirm unto the MORTGAGEE, iri sucteuors and auigns, all that certain bf, pieu w pucel of land, situate, (ying, and beirg in the County of St _ 1_LC ie , and State of Fb+ida, deuribed as follows: Lot 10 less the East 16,55 feet thereof and the East 39.86 feet of Lot 9, Block 5, SIL.VER LAI~ PARK SUBDNISION, as per plat thereof ~ on file in Plat Book 10, page 4, of the public Records of St. Lucie County, Florida, - ! And mortga,gors covenant that they are the identical individe~als named as grantees in that certain Warranty Deed from Robert B. Holmberg and Julie C. Holmberg, his Nife, to Stanley Douglas and Frances A. Douglas, his mife, bearing date of March 19, 1973, recarded in O. R. Book 212, Page 351, Public Records of St. Lucie County, Florida. ce m ? P4:te~Fi7 L~ i~~ STA ~ F O R i D A~ - - ODt Y , itiMP tnz 1 ~ a+,,~ ~,+cs+~~a~E °E'tS~::l~l P2G«Rr~ ~ ° DEP1.Of RE11EM1lE 4 i . :'if~$11W'ft TO Ct1AP1ER ~1-t34. AC7S OF 1H11. ~r (~06ER POITR{lS t• r, ~ :n o ~.+i:~39'13 3~. O Q ~ ~R{(X!!1 COt1i[i. 5~. l.UCiE l~_ F11i. ~ ~ 11102 , a together with all and singular ths tenements, hereditamenb and appurtsnces thereunto belaging or in anywise appertaining thereto, a~d sll rents, issves, ' p~OC!!di and profin ucruing and to acuve from said prem"~ses, all of which are iocluded in the ~bove and fotepoinp description and hsbendum. TO HAVE AND TO HOLO the sbove described snd gr~nted premises unto the said MORTGAGEE, its s~aesson snd ~uigns fwever. And tF» said ~v50RTGAGOR for +h°~ hein, executon, administratws snd assigns, hereby covenann with the said MORTGAGEE, its suctessors and suipro, , thar +}1°~"- Iawfully ae~zed of the sa~d premises i~ fee simplr, that the aame are free, dear and discharged from a0 (ier» and encum~ brances in Isw w in equity, u~d thst thev w;~~ their heirs sMlf wurant and defend fhs title to the ssme ro ~hs said MORiGAGEE, i» successon and assig~s, forever sgainst 1he bwfvl claims snd demands of all perspq; PROVlDFD, ALWAYS that if the MORiGAGOR shall pay onto the MORTGAGEE the promissory rate hereinbefore destribed and sMll truly, promptly and fully perfwm, dixharge, execute, complete, comply wi~h and ab~de by exh snd every the stipulatiw~s, ~greemenn, conditiaa and coven~nn of uid promiasory note ~nd of this Mortgsge, then this Nlortgage and ti~e Esrate heaeby aesTed shall tesse and be nvll and void. IT (S UNDERSTOOp thst tF~e wad "JNo?tgsgor" whethcr in the singular w plural anywhere in this Mwtgage, shall be sirgulu if one only and shall be plural jointly arx) severally if more tFwn one. ~nd thsf the word "their" as used ~nywhere in ihis Mortyage shall be t~ken to mean "his:• •'hen;• or "i»;' wherever the context w implip or admifs. Also, that wherever there is a refe~ence Fn tF~e covensnts and aQreernenb herein tont~ined to any of rhe parties hereto, the same thsll be construed to mesn ~s well u tFie heirs, kgal rspresentativd, suuessors a~d aui9~s (either voluntary by act of the parties w involuntary by operstion of the taw) of the same and that the tovensnts herein tOntained shalt bind and the banefiq ~nd ~dvanfayp inutt ro the respsctive heirs, leya! reprtientatives, successors and us~yns of the p~n'~es hereto. ~ Md ssid Mortgsgors, fw themselves u+d thein c~in, leqal representatives, svcceuort and ~uigns, hereby joinNy and ~evaally tovenant and aqree ro and with the iaid MORTGAGEE, iti successas ~nd assiyns: 1. To pay all ~nd sirgubr tl+e princip~l snd interest and the wrious ~nd wndry sums of money psYable by virtue of said promiswry r~e, and tF~a mortQays, sxh and ~very, p~omptly on the days ~esp~ctively the iame sever~lly becortN dw. 2. 7o pay all ~nd sirgular tM taxes, assesunenn, levies, liabilities, obl~stions ~nd tncumbrsncea of evKy nature and kind oow on said daaibed p.operty, w that Froresfttr m~y be imposeA, wffad, plKed, tevied, p assessed thereon, a tF?~t her~aft~r may b~ levi~d a as~essed ~po~ this Mat¢ i age, w tM ind~btedness secureQ hereby, sach and every, when dw ~nd payable, xcwdirg to law, befor~ th~y becorM delinqwnt, ~nd befon ~mr im~r~st attaches or any penalty it inturred; AND INSOFAR AS ANY THEREOF IS Of RKORD TME SAME SHAII dE PROMPTLY SATISFIED ANO DISCHARGED OF t REGORD AND THE ORIGINAI OffIC1Al OOCUMENT (SUCH A5. FOR ItYSiAtJCE, THE TAX REGfIpT OR THE SATlSFAC?lON PAPER OFfICIAl1Y ENOORSEp OR CERTIFIED) SHAII dE PUGED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYNIENI; u~d in tFk ~v*m that ~ny the~eof a not ; paid, sat"sfied and diuhuged sa:d MORTGAGEE may at any time pay the wme a a~y pan thettof without waivirq or affectinp any option, lan, equity p •+pht unde? w by virtw o! this morrya9e and ~he full amoum o! euh ~nd eve~y such p~ymeM thall be ;nvned;ately dve and pay~bk and ~hall b~ar iniNq~ ~.om rhe date thereof unril pa~d a? rate of n~ne ptr cenrum per aeu~um a++d toy~ther w~th suth interet~ R II w~d by ~ th:t morqtape. i 6GCK °ACE~c3~~ _ . E{ -~=~~`-~..~.x ~ro _ ~ •T - ~ ~ ~ e ~ ~ .