HomeMy WebLinkAbout0395 25~6 ~P
THIS INpENTURE. Mad~ l3th ~Y of April , A.D. 19
93„ b~MrNn
Gradv S. Hwrdison and Gladys R. Nsacdison, his wif•
11!. ~ ~ 1 ~ ~ 3 ~ i ~ I
--r-- ~T--- ;
of St ~ LuC ! Cpy~~y Florida, Mrtinattw d~siy~~t~d ~i tM ' AhORTGAGOR," ~nd FIRST FEDERAL SAVINGS AND IOAN i
ASSOCIATION aF fORT PIERCE, ~ corpw~tia~ orp~nized uid ~xiitinp u~ fM laws of fh~ llaiqd Stati!"3t'~i
k~ artd havinp its princtpal plsc~ of
busir»sf In th~ Ciry of fwt Pitru. St. luci~ Covntp. Florida. IM/fIMNq {~tl~Mtfd p fM ' MOItTGAGEE:'
WNEREAS tM MORTGAGOR is jwtly tnd~bt~d ro tl+~ MORTGAGEE in tM sum of 14 d~~~ , yood and lawful mon~y of the Unitcd
States advanced by ths MORTGAGEE unto ths MORTGAGOR. as evidenced by ~ catain 's~ery not~ of evet~ d~t~ h~nwith, of which tM foUowinp In
wad~ and fipures it a hw copY. fo-wit: +
= 19,400.00
No 10019713
fon vterc.. Flo.id., _ADr i l 13 19_T
3._ . f
fw value received, 1, ws or eithtr of us, promise to p~y, witho~t defalcation, to the order of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Piera, Florida, the sum of = iQ~4O~~~~ vv;~h interest from date at the rate of ~t~~96 per annum, in monthly insblb ~
ments u follows: S ib~•~ ' o~ the lOth ~y of .Ilt[1B ~91~ and a like sum on ths cwrcspondirp day of e~ch month therr ~
after until fhe whote be futty paid. 1
Each insta!lment fint slial! bs applied in payment of the intercst and then on the unpaid balance of the prlnc~psl wm. If default is made in the ~
paymeot of any installment wl?en due, and s~?ch default continuas 30 days, then at the optan of the holde~, snd without a~y other notice, all the remai~iny
installmenfs sh~ll be due and payabte at axe. Privilegs is given to prepay this note i~ whole o~ ~ part it any time without penalty. Neither faebearance, ~
nor scceptant~e by the holder thereof after any default i~ any paymcnts hereon, shsll be deemed extension. A iate payment charge of = 8~~, shall be ~
added to each installment remaining ~npaid 7 days ~ter ib due date, and s like sum shall be added to each such installment remaining v~paid 7 days after {
each s~cceeding payment date.
Each maker, surety and endorser hereof, jointly a~d seve~ally, wa;rd demand, preuntment qotest and notice of protest fo? nonpayment, and further
agrees to any extensan of time of payment, either before w aftc~ maturity, without notice to any of us; a~d to pay all msri of tollectan, including ~
reasonabk attaney's fee in the evmt•of soy default hereunder, and Fxreby severslly waives all benefit oi homestead and exemption under the coratitutio~
and laws of eacF~ State of fhe United States,. as against this obligation or sny extension or renewal hereof.
~tness the hand and uwl oF each party.
~ ~J GYady S. Hardiaon ~~u
cs~u
~j,a~Y~_~Lar~iscn ~~y
S29. ~
t 1O - ~ sts~e aevenue
(S?+,w~.«wo.N.i.i.~iyi~lnww) .
NOW, THEREFORE, the INORTGAGOR fw the purpose of secvring p~yment of said s~n of ; 19~4~.Q~ ~nd tM parfwmsnce of ths
covenants end sareement~ F1tfl171af?N lXpll3S2~J, and fw dirers good and wlu~ble coniiderations, by these presenq, does gr~~L bargain, sell, remise,
reiease, convey and confirm unto tl+e MORTGAGEE, ib wccesw?s and ~uigns, all that certain bt, pieoe ot partel of bnd, sitwte, lying, and beirg in ths
County of $t. i.ueie , u~d State of Flwida, described ~s fdlows:
The West 72 feet of Block "A•~ less the North 20 teet thereof, together
with a 10 foot stzip of land adjacent to the above parcel~on the south
conveyed to mortgagors by City of Rort Pierce~ of MARAVILLA BSTpTHS,
a subdivision as per plat thereof on file in Plat Book 8~ Page 77~ of the
Pubiic Recorda af St. Lucie Coanty, F2orida'~
~ - 1M MI~IME11'f dF
o~ ~ oc~„
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P 1 A X ~ ~ ~~61e~ ~,r, r
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- - : Z 9. 10 ~ T0 ~E~ ~
R„s
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= i1~02
. o- 1 ~,ERK ClftClliT GOURT. ST. 1~lCI E 0 0~ t
u i
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rogether witb all and singulu the tenemenn, h~redit~menri snd ~ppurtantes thereunto belonginp or in anywise sppert+ining thereto, and ~II re~ts, issws,
proceeds and profin aca~ing and to acvue from ssid premises, all of wFiKh are incl~ded in the above and faegoinp descriptwo ~nd ha6endwn. ~
TO HAVE AND TO HOID the above desaibed ~nd gnnted premises vofo the said MpRTGAGEE, ib sutcessors and ~ssiyns foreva. Md th~ saW
MORTGAGOR for thQ~r - hein, executors, adminqtnton ~nd auigns, hereby covenants with the said MORTGAGEE, its succes~on a~d assiQm,
rhat ~~Y ~Ye Iswfulty se~zed of the ssid prem;ses in fee simple; that ths same a~e f~ee, cksr and dischuped from all liens and ~++cum~
brances in law w in equiry, and that t~1eV w,~~~ A~ thair hein sMll warnnt ~nd defend the titk fo the same to tM s~id
MORTGAGEE, in successors and aui9ns, fwever sgsinst the lawfv) claims and demsnds of sll perwro;
PROVIDED, AlWAYS thst if the AAORTGAGOR shsll pay unto the MORTGACaEE tMe promiuay note hereinbefore described and th~ll tn?ly, pranptly ~
and fvlly perfwm, discharge, execute, compkte, comply wirh and abide by each and every the stipulafions, spreements, conditiaa and covenants of said
promissory note and of this Mortgsge, then this Mortgsge ~nd the Estate hereby veated ~11 cesse ~nd be null a~d void, ~
IT IS UNDERSTOOD that the wwd "Mortg~gor" whether in the singular or plwal anywhere in this Mwtgage, sFull be singular if w~e~only ~nd
shall be plural joi~tly and sever~l(y if mwe tFwn one, and that the word °their" ss used anywhere in thit Mwt~ape iha11 bs taken to mean "}~is;' "hen;'
or "ib;' wherever the conte:t w impl'~ea or admits. Also, tMt wherever there is ~ reference in the covenenn ~nd agreemenn herein coat~insd to arryr of
rhe parties hereto, the s~me thall be comtr~ed to me+n as well ss the hein, kgsl representatives, suuesson and ~uigro (eithet voluntary by ~ct of the
panies or involuntary by operatiort of the law) of the same and thst the covenaMS herel~ contained thsll biod and the benefin and ~dvant~s inure
to the respective he'us, kyal representatives, succeuon and ass~yin of the panies hento.
And said Nlortg~gws, fa themselves and their heirs, legal representatives, succeuas ard auigns, hereby joiMFy ~~d severally covcnant ~nd ~yree ~
to and with the said hWRTGAGEE, its wccessors and auigns:
1. to pay all ar+d ak+pvlar the principal and intaesf and 1he varaus ~nd wndry wms of nqneY p~Yable by virtue of uid promiuory nofe, and fhis
^~9~9e• e~Y. P~~ptly on the day~ respectively th~ ssme seve~ally become dve.
2. To p~y all and sinyulu the ts:es. ~ssessmcnn, levies, liabilities, oblipstam ~nd encumbrances of every n~ture a~d kind now on said desu~ed
Property, w thst F?ereaher may be impoiea. wffered, plxed, kvied, or assessed thereon, or thst heresfter may b~ levied a assessed upon this Mort~-
+ys, a t1w indebtedneu secwed hereby e~ch snd erery, when dve and psyable. ~ccwdinp to law, before they becane d~linq~ent, u~d b~for~ a~y imer~st
attacF~es p sny penalty is incurred; AND INSOFAR AS ANY THEREOF fS Of RKORO iHE SAME SHAtI 8E PRO1NPitY SATISfIfD AND DISCHARGED OF
RECORD AND THE ORiCsINAt OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PAPER OffICIAIIY ENDORSEp
OR CERTIf1ED) SHAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NfXT AFTER P/1YMENT; a~d in the ~ve~t thst any thereof is not
paid, s~~"stied a.~d discharged sa:d INORT6AGEf may at any rime pay the same a any pan the?eof withovt waivin~ a sffectiny ~ny option, lien, eq~iy or ~
•~M under or by virtue of thii mo.tg~ye and the f~ll amoum of each snd every such payment ihall be immedi~tely dw and payabk and shall be~r int~rest ~
From the d~te ~Fiereof w+til pa~d at rate of n~ne per centum per annum anQ toye~her w;?h such int~rrst ~h~tl be secured by rhe lien of th:i mwytaq~.
~o~ 2~3 3~~