HomeMy WebLinkAbout1630 253163 ~
THIS INDENTURE, N1+J~ tM~~ i6~ day of A~~ A.O. 19~~ b~n~rwnf
Fdvard D. Rs
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of ~Q~ ~ Camty Fbrid~, htni~+ftK desiyn+t~d u tl+~ "MORTGAGOR;' +nd- FIRST FEDERAI SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a cwpaatia? o~a~u~d and ~ziuiny unde? ~M laws of tFw Unit~d Stat~s of Am~rka and Mvinp in pri~cipaf plx~ of i
buun~ss in tM City of Fort Piua. St. luci~ Covnty. Florida. heroinahK desty~+t~d ~s ths "MORTGAGEE." ~
WHEREAS ti» MORTGAGOR Et ivstly ind~bt~d to th~ MORTGAGEE in the wm of f 23~1~~~~' good and lawful rtaney of tht United
Statei ~dvanced by ths MORTGAGEE unto th~ MORTGAGOR, as evidenced by a cenain promissory note of even date I+erewith, .of wfiich ths followiop in 3
~ wwds and f' ur~s it a trw copY. to-wit:
= 23~1~0~00 - No~~~L4.~~4
- P,e,u, F~o.~.. ~m~il 16a i9._.Z3_
\ Fw value ~eceived, i, we or either of us, promise ro pay, without defaltatipn, to ths ord~r of FIRST FEOERAL SA.~VINtGS Ak0 LOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florids, the sum of ~ 2~•1~•~ with interest from date at the rate of _J_t296 per annum, in monthly instalM ;
ments as followrs: f 1~~~~ on tF+e lab d+y of d~s~ 19~ u+d a like sum tM correspor?dinp day of each month the~r ~
afrer ~ntil the whole be fully paid.
~ Each irotallment fint shall be applied in payment of the interest ~nd then on 1Fx unpaid balance of the princ~p~l svm. tt-default is msde in the }
payment of any installment when due, and wch def~ult ~ontinues 30 days, then at the optio~ of the holder, and withouf any other notice, all ths ~emaining
a ~nstal~nb shall be due and payabk at once. Privilegs is given to prepay this note in whole w in psA at sny time without penalty. Neither forebesrante,
~ nor sccepta~ce by the holder thercof after any default in any payments hereon, shall be deemed extensan. A late paymcnt charg~ of 8~ sh+ll be
added to each installment remaining unpsid 7 days afier ib due date, and s like sum shall be added to each such installment remai~ing unpaid 7 dsys after
~
each svtceeding payment date.
~ E~ch maker, surety and endorser F~ereof, iointly and sevenlly, waives dema~xl, presentme~t protest and notice of protest for nonpayment, snd further
\ ag~ees to sny extension of time of payment, eitF~er be{o~e w after msturity, without notice to any of us; and to pay atl cwts of collection, including a
reasonable attwney's fee in the event of a~y default hereunde?, and hercby severally waives all benefit of Fwmestead and exemptan under the constitvYa~
and laws of each State of tF?e United States, as against this obligation or any extensiw~ or renewal hereof.
; Witneu the hand and seal of each party. ~
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! ~~.6K ) State Revenue
NOW, THEREFORE, tF~e MORTGAGOR for the purpose of secvring payment of ssid sum of s~3~1~~~ , ~nd the pe?formance of tM
covenants and a~reenx~ri hereinsfter expressed, u~d iw divers goot! ~nd v~lwble consideraY~ons, by these presents, does grant, ~bary~in, sell, ?emise, ~
release, convty and confirm unto the MORTCaAGEE, its succeuors and sssi9ns, all that certain bt, piece or pucel of (and, situate, lying, and being in the i
County of $t• , and State of Fbrida, dewibed ~s fdlows: i
Lot 6, B1ock 132, I,alo~xood Park, Unit No. 10, as per=Plat thero! au file in Plat Book
11, page 29A, Pnblic Records of St. Iucie CountT, Florida.
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~ pQCU1~~~ ~ ~ ~ ' 'Z ~ IN PAYNEItT OF TAXQ ;
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~ p ~Pt.OF RE~E1'~ : 3 g 51 ~ ~r~r~~~ ~~.u P~~n. ~ ~
~ ~ - ~ r"'R~~3 r, ~ ~ ` Tp q~lp'fER 71-134. 11CTS OF 1971.~~
^ PUR3UilttT POffRJ1S ! ~
~ w p ~ IHOZ
c~.r~c aacu~ uouar. sr. u,c~E oo., Fu
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together with sll snd singular the tenemenn, heredit~ments and sppunsnces thereunto belonging or in anywise appertsining tF~eteto. ~nd all renri, isswt. '
proceeds and profits scuuing and to acvue from said premi~es, all of which are included in the ~bove u~d foreyoinp dewiptan and habendum. i
TO HAVE AND TO HOID the sbove described and yrsnted premixs unto the said MORTGAGEE, ib wccesson and ~ssigns forevu. Md TM s+id '
i
MORTGAGOR fw hein, executors, sdministnton snd augro, hereby covensms with the said MORTGAGEE, ib waessors ~nd assip% j
rhat -+n+=,i-~a lawfully seiud of the said premises in fee iunple: thst the same ue free, cleu and disch~rged from sl) liens ud encun~ ~
brances in law w in eq~ity, snd thst will and heirs shall wurant and defend the title to ths s~rrw to ths a+id ~
MORTGAGEE, ib successors and auigro, forever agsinst the I~wful tlsims snd dem~nds of ~II perwm; ~
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unro the MORT6AGEE the promiuory note hereinbefore described and shall truly, promptly
and fully perform, discharge, execute, compkte, comply with and abide by each and erery the stipulataro, ayreemcnb, condiY~au snd covenants of said
~ promissory note snd of this Mwtgage, then this Mortg~ge ~nd the Estate hereby ueated sha1F cssse ~nd be n~ll ~nd void.
IT IS UNDERSTOOD thst the wwd "Mortysgor" whethcr in the singutar or plwal anywhae in this Mort~spe. ~h+l) b~ sinpular if one only and
shall be plw~l 'pinHy and severally if more tl»n a+e, and that the wwd '9heir" as used a~ywhere i~ fhis Mortysge sh~ll be f~ken fo mean "ha;' "hen,"
w"ia:' wherever the context so implies or admits. Alw, th~t wherever there is a reference in th~ covenants and agreements herein oontained to a~r of
~he p~rNes hereto, the same shsll be consnued to me+n as welF as the F~ein, leysl rspresentstives, wcceuas ~nd asiigro (either voluntuy by ~ct of th~
panies w involunury by ope~+tion of the law) of the same and that the covensnri herein contained sh~ll bind and the benefib and adv+ntap~s inun
~ ro the respective F~e~rs, kyal represent~tives, svccessors snd ass~ns of the p+nies hereto. - :
And said Mortys9ors, fa themselves and their hein, legsl represenbtives, succeisors and auipro, hereby joinNy and severally covenaM and apne
~ ro and with the said MORTGAGEE, in successo+s and assiyra:
1. To p+y all and sirgvlar tF~ princip~l snd interest and the vario~s ~nd sundry wms of ma~eY P+Y+~ by virtue of said promiswry note. ~nd thia
mongsge, each ~nd every, promptty on the days respectively the same sewrally become dus.
2. To pay all u~d siigul~r the tszes, assessments, levies, li~bilities, obliyatans and encvrt~br~nces of everlr nah+?e and ki~d now on said describd
proptrty, w that hsr~after may be imposed, suffered, plxed, kvied, a ~sses~ed thereay w tMt Iweaha may be levi~d or aies~ed upa+ N~is N1arq~
age, a tM ind~btedness secvred hereby, exh ~nd wery, wF~ dw and p~yabk, xcordinp to law, b~for~ tF~ey bacane delinqusnt, and belwt ~ny int~rat
anaches w any penalry is i~cwred; AND INSOFAR AS ANY THEREOF IS OF RKORD ?HE SAME SHAII 6E PROMPTLY SATISFIEO APW DISCHARGED OF
- RECORD AN~ THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR TNE SATISfACT10N PAPER OffICIAIIY ENDORSED
OR CERTIFIED) SHAII SE PUCE~ IN'7HE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; ~nd in the ~vtM thaf ~ny tF~ereof h nol
pa~d, sat'~fied ~nd discharged sa:d MORTGAGEE may at ~~y t~me pay th~ ~anr or ~~y part thereof withovt waivirq w atfectiny any option, lien, puity a
•phf under w by vi?tue of this morryape and tF+e full amovn~ o( each ~nd ~very uxh paymtnt shall be inwnediately dw and payabl~ and shall b~a int~rest
~•om ~he date the.eof until ps~d at rate of n~oe pe~ « ntum per uwwm and ropethe? w~~h wch intaest shall ~ Rur~~~ liN+ of th:s morytap~.
BOOK FACE262~
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