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Home My WebLink About2031 253425 THIS INDENTURE, IWd~ IM 2~ L h day p( Ap.r i 1 . A.D. 19~.-. bHw+~n Dav~d C B Morrison and Marv B Morrison,, hic wif - t - - of St . Ll1C 1@ Cpy~~y F~p~, ~~inaftq dtsipn+ted ~s tM "MORiGAGOR," ~nd FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERGE, ~ oorpaation apaniud and ~xi~tinp v~der tM laws of rM Un~r~d St~~~~ of .America ~nd havinp iri p~incipd plau of busir~ts In ~M City oi Fwt Pi~ru. St. lvci~ County. fbrtda, h~r~inaftK daipn+ad as th~ "MORiGAGEE." WHEREAS tM MORTGAGOR is jwtly ind~btd b tM MORTGAGEE in 1M wm of ~ 31,600.00 0~ a~ ~~Wful money of the Uni?ed St~tp adv~nced by the MORTGAGEE unto tM MORTGAGOR, as evide~ced by a certai~ promisswy ~w~ of ~ven date herew~th, of which ~hs iollowinp in words ~nd fipu~~s is a trw copy, to-wit: ~ 31,600.00 A ril 2p No10019~73 Fort Pierc~. Florid~. P 19 fw vatue rsceived, 1, we or sither of us, promise to p+y, without defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE al fat Pierte, Ftwida, the svm of s 31 ~ 6~ with imerest trom date at ths rate of S°1'. p!r ann~m, in monthly install- ments ~s follows: Z 23 d.~ o~ the 1~ t h day of A ug us t ~ 97 3 and s like ium on the correspondu+~ day oF each month therr ` a~ter until the whole be fully paid. ~ Each installment first sMll be applied in payment of tF?s interest and ~hen o~ the unpaid balance of the princ~pal sum. If default is made in tM - payment of any installment when due, and wch default continues 30 daya, thm at the option of the holde?, ~nd without any otFwr notice, a!I the remaininp ? installmcnts shall be due snd payabk at once. Privileg~ is given to prepay this note in wlak or in put at ~~y time without pen~hy. Neither forebearance, ; nw acc tance b ~he holder thereof aite~ ~n default in an ments hereon, ~hall be dermed exteosion. A late ge of = 11'7O shall be ~p Y Y Y WY payment char added to each i~stallment remainirg unpaid 7 days after its dw date, snd a like sum shall be added to each such installment remaining u~paid 7. days after each wcteeding payment date. Each maker, surery and endorser hereof, jointly and sever~lly, waives demand, prexntment prolest and notice of protest for nonpayment, and furthe~ agrees to any exter+sion of time of paymcnt, either beforg o~ after maturity, without rwtice to any of us; and to pay all costs of collection, includinp a .easonable attw~ey i fee in the event of any default heFeunder, and lxreby sevcrally waives all bcnefit of home~tead and exemptia? under the cautituYan and laws of each State of ~he United States, as againat t~is obligation w any extension w renewal hereof. Witr?ess tF+e hand a~d xal of each party. (SE/W ~ S aVl . . OZilSOfl ~A~~ (SEAt~ s ary . rrison ( $ 47 • ~ ) State Revenue (&anMr Mwodlei ~w ~ri~»I-Mt~) 31 600.00 ,~t~ NOW, THEREFORE, the MORTGAGOR (o~ the purpose of securing psyment of said sum of = ~ perfwmance of tht covenants a+d ayreements hereinafter expreued. ~nd fw divers good and valuable considerations, by thess presenri, does grant, b~rpain, sell, remise, release, tonvey and confirm unto the MORTGAGEE, ib tutceuors and suigns, sll that ce~tain bt, piece. or putel of land, situatt, (yirg, aod beitp in ths ~W~ry ~ SL . Luc ie and Stat~ of florida, described as fdbws: ?he ~sst 87 feet of the Bast 312 teet of the Northwest t; ot the Northweat ~ of Section 33~ Tawnship 35 South, Range 40 Bast, - ~ , , . . ~ ~ ~ ~ ' FL..ORtOA ~ i i g~.` a~+ ~ NIfN1!!RY .•.~a, STAMP TAX ~ , ~ ~ _ DE Qi REtlEN1lE • b` I HC v.-A. rL ~ k~Y-i'1~ . ~ 4 I. ~ Q ~ _ p ~ II I Oj • • ~ . ' ' ~ ~ ~K PA`(lAE~ N~ y~ itE~E1VE~~s .C ~ i AN ,1B ~ E~S pF ~91~-~r/ Pl1RS~Y~~ 10 ~ ~~P~OS t~. : . CIRG1~~ . i t together with all and singular the tenemenb, hereditamenfs~ and appunsnces thereunto belongirg or in anywise ~pperfsinir~ ihereto, and all renb, iuues. ~ proceeds and profits scvuing and ro acwue from said prcmises, all of wFi~ch ~re incl~ded in the +bove and fore9oirg descriptio~ and habendvm. ~ TO HAVE AND TO HOLO the above dewibed and granted premises uMO the said MORTGAGEE, ib wocessors u~d assigns fwevo~. Md th~ said th~ir i MORTGAGOR for - he'u~, executors, administntors and auigns, hereby covensnb with the ssid MORTGAGEE, ib succeswn ~nd assipm, ~ rhat they are__ iar„F~ny k~zed of the ssid prcm~ses in fee simple; tFut tF+e s+me are free, ckar ~nd discharged from ~II liens and encum- ; brancea in Isw or in equity, and thst~- will and their hein shall wsrrant u~d defend the titk to the sarns to ths aid MORTGAGEE, iri succeuors snd assigns, faever against the lawful cliuns and demands of all penaa; ~ ~ PROVIDED, ALV!/AYS th~t if the MORTGAGOR shall pay unfo the MORTGAGEE the promiuay note hereinkxfae described and sh+ll truly, prompHy ~ and fully perfwm, discharge, exec~te, complete, comply with and abide by each snd every the stipul~iwns, a9reements, conditio~s and oovenann of said ~ promissory note and of this Mwtgsye, then this Mwtgsge and the Esate hereby ueated sh~ll uase and be null and void. ~ IT IS UN~ERSTOOD th~t the wad "Mwtyagor" wF~ether in the singuiar o? plurel ~nywhere in this Mwtg~ge, shall be sinpulu if one only u~d shall be plural joently and swnally if more than one. ~nd that the word "their" ss ~sed anywhen in this Maty~ye shall be taken to me~n "his:• •'hen,• or "its;' whe~ever the context w implies or admits. Also, that wherever thcre is a reference in tFw covenann and ayreemenb herein coroained to any of rhe p~nies hereto, tF~e same ~hsll be construed to mesn as well ss the hein, kgsl represc~tativa, suaeuwi ~nd ~uiyra (either volunt~ry by ut of th~ perti~s a involuntary by oper+tion of the I~w) of the same snd that the covena~ts he~ein contained sMlt bind and the benefits and adv~MSp~s inur~ ro the respective heKS, leyal reprexntstiva, sutcessors and ~u°gns of the partits hereto. Md si~d Mwtgsgors, for themselves and their heirs, legsl representatives, successors a+d auiyns, he~cby 1oinNy ~nd severally covenant ~nd ~yrse +o and wNh the said MORTGAGEE, iri s~,ccessors snd assi9ns: - 1. To p~y all and sinp~lar th~ princip~l a~d interest and tF~e variovs ~nd sundry awm of money payabls by rirtw of said promiiwry not~, a~d this mort~ape, each snd every, promptly on tM days rtspectively the same severally becorrk due. 2. To pay ~II ~nd sinpula the tsxa. ~ues~nenn, levief, liabilities, obliyations and tnevmbances of every nature and kind now on ~aid dycrib~d proptrty, a that htreafttr may b~ imposed, suffered. Placed, kvied, or +ssess~d thereon.,w tMt htreaftM rruy b~ levied w assessed vpon tl~is Mwt¢ ~ge, a t!n &~debtedness secured l~ereby, each and ~v~ry, when due and p~ysble, accordirg to bw, b~fwe they becorrw delinquent, ~nd befw~ aryr interKl artethes or any penalry is inturrcd; AND INSOfAR AS ANY THEREOf IS OF RKORD iHE 511ME SHAII SE PROMPTLY SATISf1E0 AND DISCHARGED Of RECORD AN~ THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED OR CERTIfIED) SHAU SE VlACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that ~ny N~ereof is iwl pa~d, sat'sfied and dischKyed sa:d /AURTGAGEE may at any time pay the ume o~ ~ny part thereof without waivin9 or affettinp any option, lien, equity a •~qht under or by virtue of ~hK mor~qa9e and the full amount of e~ch and every ~uch payment sh~ll bt imm~diately dw ~nd payable snd shalt btu infaeat ~.om tlx date thereof unril paid at rate of n~ne per centum per •nnum ~nd ~1hMy y~ ~wtb int~~~b~ securd by th~ lien of fh:s morptap~. bOGr. ~~1 ~atr r~ S S .3 2 ~~~y. _ ~ ~-tiY' ~ y *~~;"i:~,:_~,. iZ~:.