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HomeMy WebLinkAbout1495 1G a~U ~7V.L THIS INOENTURE, Mad~ th• 2~lth day of t~l?rch ~ r, ~ . A.~. 19_~ b~twNn Mar o A. Me uto an eresa u o~ s x e i : - o( St . j'~1C i@ Cwrnty Fbrida, F~N~iMfta d~si~~+Md ~s iM "JNORTGAGOR," ~nd fIRST FEDERAI SAVINGS ANO LOAN ASSOCtA?ION OF FORT PIERCE, a oorporation oryanisd and ~xi~tirq ~ndK tM law~ of tM Unit~d Stata of 11m~~ic~ and Mviop its principal pl~n of busin~ in tM Ciry of Fwt Pi~ru, St. L~cN Cou~ty f~OfWi. F1tfNlNfiN ~1~Mf~ as tAs "M~TG~~:~ WHEREAS tM MORTGAGOR b jintly ind~bt~d to tM MORTGAGEE in ths wm of = ~ v~~ . 9ood ano I~wful mon~y uC rhe Unlted Stat~s advanced by tl+~ MORTGAGEE unto the 1NORTGAGOR, as evide~ced by a ceruin promiuory no~e of ev~n dat~ herewNh, of which tM followinp In wads and fiyures is ~ trve copy, towit: : 2 5, 000 . 00 ~ lOOlSi6 ~O wn vk.c.. Fb?~. March 29 . ~~_~3 For value receivcd, 1, we or either of us, promise to p~y, wilAout def~lcsfion, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOl:WTIC~I OF fORT PIERCE at Fwf Pierca, Fbrida, the sum of s 25+~~•~ w~th interest from date ~t the rate oa•75 ~6 per ennwn, in monehly imt~ll- ments u follows: f 206.~ on the l~thday of May , 19 73 and a like sum on ths correspondt~r,g day of each +r?oi~th ~Mr~- afte? until the whole be fully paid. , Each installment first shall be applied in paymem of ths intercst and then on the unpaid balar~ce of the principal sum. If defsull' b made in ths paymerit of ~rty instaUmcnt when due, and such defwlt continues 30 days, then +t the option of the holder, and without sny other notice, all the remainirg insbllments sh~ll be due and payabk ~t once. Privilege is given to prspaY this note in whole or in part at any fime without penalty. Neither faebea~a~xe, rwr acceptance by the holde~ thereof after any defauh in any p~ymenb hereon, shsll be deemed extension. A late payment ch+rge of ~s.~Q shall be added ro each insqllment remaining ~npsid 7 days after iri due date, and a like svm shall be added to each such instaUment remaining w?p~id 7 days aher esth sutteeding payment datt. E~ch mike~, surety and endorser hereof, jointly and severaNy, wsives demand, p?esentme~t protest and notice of protest for ranpayment, and fvrthe? sgreea to any exte~sia+ of time of psyment, either before or after maturity, without notice to ~ny of ; and to pay all costs of collection, includ~ny a reasonable attorney i fee in the event of any defautt hereunder, and hereby severally waives aIl benef of homestead a~d exemption unde~ the cautifution a~d laws of each Stare of the United States, as against this oblegation w any extension or renewal he f. Witness the hand and seal of eath party. s/ M A. 'uto ~q (s~?U cs~?u ~ 37-~ s T s 'ut ~y ( ) State Revenue NOW, THEREFORE, the MORTGAGOR for the purpose of sccuring payment of sa~d sum of s 25 , and the performance of the covenanri ~nd agreements Mereinafter eapressed, and for divers good snd wlwble consideraYwns, by th~ preunts, does grant, bary~in, sell, rem'we, retease, convey and confirm unto the MORTGAGEE, its succeuws ~nd sugns, all that ccruin lot, piece a pucel of land, situate, lyinp, and beirg in the Coumy of St . Lucie , aad State of Florid~, dewibed as fdlaws: ?he West 66 feet of Lot 2 and the East 9 feet of Lot 3, Block 8, MARAVILtA TERRACF~ UNIT 2, as per plat thezeof on f ile in Plat Book 15, Page l~, of the Public Records of St. Lucie County, Florida, N ~ ~ F~oR~oA ~ ~ , D4t MEN AttY tAMP~ Tn x~ ~a v ~y ~~~~~;,~,~n~ ~ °c-~ OEPT.OF RE~fEfiNlE, g'~' 'C ~~~:519~~ ~ ~ 1`~' ~ - ~ ~ w Q7 _ ~ w"rit-t'?3 : 3 1. ~ 0 ; ~ ~q~ ~ ppRW~ A~ o f.i: ~ 0 Y ~ r i 92 . . . g{. ~ ~ u`r~•- G~l~`" together with all and siogul+r the tcnements, hereditsmenb and app~rrtances fhereunto bebr~ging p in ~nywise apperqinirg thereto, and ~II renfs, issues, proceeds ~nd profiri acuuing and to xcrue from said premises, all of which are included in the above and foreyoin~ desuiption and habendwn. TO HAVE AN~ TO HOID the ~bove desvibed and gn~ted premises ~nto the ssid MORTGAGEE, its svccesson and sssip~u forevu. Md tl» ssM AM1ORTGAGOR for thssir ~;rs, exetuton, sdministrators and astigns, hereby covenanri with the s~id MORTGAGEE, its wccesson and atsipro, that thev are ~awfully seized of the wid premises in fee simple; that the s~me sre free, cku and dischuped from all liem ud ~nc~m- broncs in law or i~ equity, and thst they w~~~ their ~~~s sha~~ Mrurant and defend the fitlt to th~ s+mt to th~ ~aid MORTGAGEE, its succeuors and sssigns, forever againtt the lawfu) claims and demsndt of all persons; PROVIDED, ALWAYS th~t if the MORTGAGOR shall piy unto the MORTGAGEE tF~e promiswry note hereinbefae described and shall trvly, promptly ~ and fully perform, discM~pe, execvtq compkte, comply with and ab~de by esch and every the stipulations, syreemenri, conditiora and oovenanb of said promiuwy note snd of this Mortg+ge, then this Mo?tgsge and the Estate hereby ve+ted shall ceast and be null ~nd void. IT IS UNDERSTOOD that the word "Mortyagor" wl+ether in the singular or plwal anywhere in ttin Mwtg~ye, sMll be sirgubr if on~ only and shall be plwsl jointly and ~everalty if more than one, end that the word "their" as used anywhere i~ this Mwtyaye sMll be taken to mean "his,•• •'hers•• w"ib;' wherever the context w implies or admits. Also, tMt wherever there is • refera~ce in the oovenants ~nd preeme~ri herein oontsiewd to any of ths parties hereto, the same shall be co~strued to mesn as well as tAe hein, kysl representatives, s~ocesson ~nd assigro (eithe~ voluntary by act of the parties w involuntsry by operatan of the law) of the same snd that the covena~ts herein contained shall bind and the beMfiri ~nd advmtay~s inw~ ~ to the respective F~ein, le~al representstives, wccesson and sssPgro of tM puties hereto. Md ssid Mortyagors, for tFrcmselves ~nd their hsirs, Itgal represenqtiva, succeuon and aasiym, hereby jointly ~nd severally covenant and apr~e to +nd wkh fF~s said N10RTGAGEE, ib tuccesson and assi~ra: 1. To pay ~11 and sirgulu the principal and immest and ti+e vsrian and sundry surns of money paYable bp virtw of said p?omissory note, a~d this mortyape. ~ach and every, promptly on tF~e dayi respectively tFw s+ms severally become due. 2. To pay all and unpulu tM qxe~, a~sessmants, kvies, liabilities, obliyations snd encumbra~ces d wery n+rur~ ~nd kirid now on ~aid dew~d prop~rty, w that hereshtr may be imposed, wffered. Placed, levied, a ~uesied thereon, w th~t hereafta may b~ bvisd or ~ues~ed upa~ thb Mort~- +ye..or tlr iodebtedness sewred hereby. ~ and ~very, when dw and payabl~, accordinp to bw, b~fon they becane d~linquenf, ~nd b~fon any ima~st attaches a any penalty is i~turred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL 6E PROMPTtY SATISFIED AND ~ISCHARGED Of RECORO AND 1HE ORIGINAI OFFICIAt DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFfICIAIIY ENDORSEO OR CERTIf~ED) SHALL SE PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT /~TER PAYMENT; ~nd in fhe ~wM th~t ~ny tF~ereof it no1 ~ paid, s~t'~fied ~nd disch~ryed sa:d MORTGAGEE may ~t any t~me p~y the sams a any put thereol without wairinp or afi~ctinp any option, lis~, puiry or ~roht under or by virtw of thii mo?tya9e and the ~ull ~movM of e~ch and every wch paymem ~hall be imnediately dw and psy~ble and thall beat int~rtst ~rom tFw da~e thtr~of until paid at rate oF n~ne per centum per •nnwn and ~oye~Ae~ w~th wch iA~eQstQ~~ sc C~b~~plln of th:s narpt~pe. i / ! 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