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Home My WebLink About1501 25Q934 1HIS INGENTURE. IN~d~ th~ 1~b day of M~ ~ A.O. 19~... b~twMn ' Willia~ F. Sa~psoA a?nd Bo~ita G. Salapson, his witf; Howaucd W. Satpsca and Hel~ O an his wil~ 8~~rson G. S son and Iris r. S s ! . . of $t. L{iCi! , County Fiorid~. IIN~iMfiM de~ipnated ~s t "MORTGAGOR" snd FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, ~ corporation o~y~nised ~nd ex~itinp undN tM laws of th~ Unit~d Sta1n of Am~tka and havit?p ib princlp~l plx~ of busin~as In the City of Fwt PiKa, St. luch Cou~ty, fiorid~, hsrein~ft~~ dstiynated u tM "MORTGAGEE." WHEREAS tM lNORTGAGOR is justly ind~bt~d fo the MORTGAGEE in the tum of : 25 ~ Z~l.~ yood and Iawful money oi the U~~ted States adv~nced by tM MORTGAGEE unto the MORTGAGOR, es tvidenced by s certain promissory note of even d~te Aerewith, of which ths folbwinp in words and figuros it a trw copy, to-wit: = 25~200.00 N, 10019579 Fo~+ P~.~.. Fb.cd.. ~`~arch 19 i913._ For val~e received, 1, we w either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Flwids, the s~m of = 25~2~~~ w~th interest from date at the tste of Za.'L96 pK ~+o^~h~Y ments as follows: = 187~~ on tFa d+Y of ~v , 19 73 and a like sum on the cwrespondirg day of each month the~r after until the whole be fully paid. ' Esch installment first shall be applied in payment of the i~terest and then on the unpaid balance of the princ~pal wm. If default is made in the ~ payment of any installment when due, and such default continues 30 days, then at the optwn of the holder, and without any other notice, all the rcmaininp installments shsll be due and payable at once. Privilege is given ro prepay this nots in whole or in part et any time without penalty. Neither forebeannte, nor acceptante by the holder thereof aftrr any defautt in any payments hereon, shall be deemed extension. A late payment charge of ~ 9•35 , tMll be added to each installment remaining vnpaid 7 days after its due date,.and a like s~m shall be added to each such i~urallme~t remaining u~paid 7 days ~fter each succeedirg payment data ' Esch make?, surety and endwser hereof, joinNy and uve~ally, waives dems~d, preuntmeN protest and notice of protest for nonpayment, and furthei agrees to any extens'an of time of paymeM, either before w after maturity, without notice to any of us; and to pay all cotts of collection, includirg ~ rea:onable attorney i fce in the event of aoy default hercunder, and hereby severatly waives all benefit of homestead and exemption under the cautitutan and laws of each State of the United States, as against this obligation w any extension or re~ewal hereof. Witneu the hand and seal of each pa?ty. ~13113aa F. Sastuon ~np Bot~ita G. S~~on ~?U s! Hawsrd W. Sam: (sewu $37 80 s/ Hvl~ D. Saaosca ~ ( • ) State Revenue s~ Hi sOt1 G~ (51~~sarw~M~w~eri~iw~1 w~1~/ . s/ I~~'l~ v_ IP1s0l1 ~2~~Pi NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of = ~ . and the ptrformance of ths covensnts and sgreementi hereinafrer exprcued, and fos.divers 9ood and valwble considerations, by these presents, does grant, bar~ai~, sell, remise, release, tonvey and confirm unto the MORTGAGEE, iri succeuors and auigns, ell that ccrtain bt, pieca w parcel of (and, situate, lyin~, a~d being in tM County of $t~ I'tiCi@ end State of Fbrida, dewibed as follows: Froa the NB corner of the SW~ o~ the NW~ c~f the NB~ of SQClion 29~ ?o~wnship 35 South~ Range 40 Sast~ =un Soulh O° 17' 20" M1est 87.5 feet to the Point of Beginning; thence continue 87.5 feet alo~g the aao~e line; thence run South 89° 59~50" West~ 165.5 teet; thence Nosth 22° 22 * 13" Bast 94.42 feet; t hence North 89° 59' S0" Bast 130 flet to the-Point of Beqinning. Less Road right-of-ways. ; ~ ~ ; ~ S7'A't' oa c~~ _,M,~ ~ O R t D,c~ 1 w, a~ I aOCUMENTARY r._ ! ~ = Pf• Oi REYENYE i~ TAMP TA X~ \T~~~ ly ~ ~ ~ A o ~ 'a = ~::-~-rra ' ~ ~~,C ,w~~w~-s~~~ c.~ ~ ~,~~~2 ~37. eo~ ~ ~ ~ t° ~~~QS, st. ~ " , G L~~" ~ ~ ~ together with all snd singulsr the tenements, hereditaments +nd appurfances thereunto belo~ging w in anywise ~ppertainu~g fhereto, and ~II renb, iuues, i ~ prxeeds and profin acvuing snd ro acuue from ssid premises, all of wFi~ are included in the above snd foregoing dexription and habendum. ' a TO HAVE AND TO ~Oei~ sbove desvibed and g~snted premises unto the said MORTGAGEE, its s~ccessors and auipns forever. Md th~ said MORTGAGOR for =~l hein, exetutors, administrators snd auigns, hercby coven+nb with the said MORTGAGEE, its suctesson ~nd astipns. the are rhat y lawfully seized ot the said premises in fee iwnple; that the same ~re free, ckar ~nd disch+rged from all I'~ens ~nd ~ncvm~ brances in law w in equity, and thst tb@y will and tbeir ~~n w~rrsnt and defend the title to the same fo tM said ~ MORTGAGEE, in svcusson and suigro,.forever sgsinst the lawful claims and demands of all perwro; , PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto tl+e MORTGAGEE the promissory note hereinbefore destribed and aMll truly, promptly ' ~ and fully perform, discharge, execvte, complete, comply with and abide by each and every the stipubYrons, sgreements, conditions ~nd coven~nri of s+id ~ promissory note and of this Mortgsge, then this Mortgage and the Estste hereby aeated shall cesse and be null and void. " IT IS UNDERSTOOD thst the word "Mortgagcx" whethcr in the singulsr w plu~+l enywhers in this Mwtgsge, ~hsll bs sirgular if one only and ~ shall be plur~) jointly +nd severally if more than one, ~nd that the word "their" as used snywl~ere in this Mwfgape shsll be taken to me~n "his." '~he?s." ~ or "its;' wherever the conteat so implies w admits. Also, thst whereve~ there is a refereerce in the covenanri ~nd ayree~nen» herein contained to any of ~ the parties hereto, the ssme sMll be consfrued to me+n a~ well as the heirs, legal npresentative~, svaesson snd assipiu (either voluntary by ~cf of the parties a involuntary by operation of the Isw) of the same and that the covenaMS herein contsined sh~ll bind and tF~e benefib and advantpes Inur~ ~ ro the respective hein, kyal rep?esentatives, succe:sws and us?yns of the p+rtip hereto. ~ Md said Mortga~ws, fw themselves and tFrcir hein, legal represent~tives, successors and auiyra, hereby jointly and sevaally covenan~ snd s~ree ~ ro and with the said MORTGAGEE, its successors end essigos: ' ~ 1. To p+y ~1I and sirgvlu tl+e principd ~nd interest snd the varaus and sundry sums of money p~yabk by virtve of said promiuwy rate, ~nd thn i ~ mortpspe• each ~nd every, promptly on the d~ys respectively the asme severally become due. ~ 2. To p+y all and sinyulu the taxa, asseumenb, kvies, lisbilities, obligations and ~ncumbr~nces of every nstur~ ~nd ki~d now on said dewibed ~ Prop~rty, w that hereafter may b~ impaed, suffered. Placed, levied, w assessed thereon, a tMt hen~fter may b~ kvi~d a useased ~pon tbis Mort¢ ; afle, a t}w ind~btedness secvred hereby, eacF~ and svery, whee+ dw and paysbk, accordinp ro law, befae they becane d~linqwr+t, u+d b~fon ~~y im~~st , ~ attatlxs or +ny penalry is incvrred; AND INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SHAII 6E PROMP1lY SATISFIED AND ~ISCHARGEO OF RECORD AND 1HE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED ~ OR CERTIFIEO) SHAII 6E PLACEO IN THE MANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in fF~t fvMf tlNf My NNflOF il 1fOt p~~d, sat"sfied and discharqetl sa:d MORTGAGEE may at a~y time pay the same w any pan /hereof witFavr w~ivirg o~ afftttinp any option, li~n. eqvity a •~aht under o~ by virt~e of this mortgaye and the full amoum of each ~nd eve.y such paymem shall b~ irrwnsdiately due ~nd payable and shal) btar inter~st ~~om tFK d~t~ tMrtof until paid a~ rne of n~ne per «nrum per aeuwm and topet~r~rf te~e~~sf~~ ~ecured by the lien of th:s morptp~- $O~K ~14 PA 1 ~ .?~~~r^ ; ~