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HomeMy WebLinkAbout2794 . 2539~4 ~ THIS INpENTURE. Mad~ tM d~y of A.D. 19~~ !»twMn , Lt! '1 1 ' ' - - ~ Willia~ R. D~wson, a singl~ adult and Alli~ B,__ Dw:on, a:infll~ ~dult of St• Zr1~C~f ~pynM Fio~id~~ M~iM}t~ de~ipM~ed p iM ~/y~pRTGAGpR,~ ~nd FIRST FEDERAI SAVINGS ANO IOAN ASSOCIAi1pN OF FORT PIERCE. • aapaation oryanis~d and ~xistinp u~ tM laws o1 /M Unit~d Sats~ d/4n~riu u?d havi~p ib pri~cipal ptap of bvw»u in th~ q~y of Fat Pi~ru. St. lvci~ Counry, flaid+. Fwr~ieahK d~s~pnatd a the ''MORTGJIGEE.•• WHEREAS th~ MORT('sAGOR b iwtly tnd~bt~d w tM MORTGAGfE in t~ avm of ~ Z~,~g~-~ , qood ~nd i~wtvl moMy.of th~ United States ~dvana+d by th~ MORTGAGEE unto th~ MORTGAGOR. +t ~vidtnced by a cKt~in ~xomiswry not~ of ~vM dats hsrwvith, of which tM• fpllowirq In wadt ~nd fipvrh is ~ trw topY. to-wit: : 23,500.00 1 ~ iwt Plac~. Floi~d+. ~y ~ ~ - - - - i! for vatw nceiv~d, 1, we or eith~r of us, promise to pay, without d~f~ic+~ion, to tM order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF' FORT PIERCf a? Fort Piacs Flo.ida, ths sum of i 23a ~ a~ with interest from date at ths rale of 8• ~!6 per ~nn~n+. in monthly intt~l4 ments as foltows: t 197 on tM ~day of J~ ~ 192~_ and a like sum on tM correspa?di~p d~y of ~ach ma?th th~rr aite~ umil the wF?ole be fully paid. ~ Esch installmsM firit ihall b~ ~pplied in payment of the intemst and then on tM unpa±d b+lancs of the princ~p~l sum. If default is m+d~ M tM paymcnt of any insrallment whsn dw, and sucl? defauh tontin~es 30 day~ then at ths option of the holder, ~nd without ~ny o?her notice. sll the rem~iniop instaitments shall be due snd payabk st once, P~ivileps is 9ive~ to prepay this ~ota in whol~ or in paH ~t any tims withovt psn+lry. NeitF~ for~arx~oe, nor ~cceplance by tM holder thsreof after any default in any p~ymeMS ixreon, shali be deemed axtension. A Iate payment cMrps of ~ 9• 85.,, sMll b~ added ro each installment remaininp wepaid 7 dsys after its dus date, a~d a like wm shall be added ro each such installm~nt ~emainir?p ~opaid 7 days aft~r eath succ~ediny payment date. Each maker. surety ~nd er+dorser hereof, jantly snd severalty, waives demand, presentment protest ~nd norice of prweit for na+p~ymsnt, ~nd further agreet fo any exte~sion of time of payment, eithe~ befors or aher maturity, without notite to any of us; ~nd ro pay ali cosri of mllection, {e+tlvdirg ~ reasonabk attwney's fee in the.ovenl of aoy defauft hereunder, snd hereby Hver~lly waives all ber+efit of homestead and exemption ~nder the constilWion and lawt of each Stata of the United States; ss +gainst this obligetan or any extsroion a ~enewai Mrsof. ~t~ess ths hand a~d tesl oi each party. (Se~U s/ Will a?~ R_ Dar~~n _ a~ iTf}1~qU ~ adult ~,y $ 35 25 sf Ajj;~s R_ ne...p,n~ a:i~le ~~t ( • ) Stat~ Revsnw (~?a1tQt tanc~llsd'qt ~f1p1rt~l~nor~!) NOW, THEREfORE, the MORTGAGOR for the purpose of secvring p~yment of said sum of i ~3 . ~nd th~ ptrformsnce of th~ coven~nts a~d sgreemenb her~inafter ~xpressed, snd fw divers good and vslwbk tauiderations, by tMte p~esents, do~s pnnt, barp~ia, sell, r~mi~e, releese, to~vey and confirm unto /M MORTGAGEE, iri a~ccesaors ~nd ~ui9nt, dl thsl certain la, p'wp or patul of land, ~ltuat~, lyinp, u?d b~inp in tFn ; St . Luc ie ; County of and State of Flwid~, deuribed ~s followa: j The West 45 feet of Lot 12 and the Bast 30 ~eet ot Lot 13, ot PASB4 PARK, as per plat thereof on lile in Pl~?t Book 10, Page 61, of the Publfc Records of St. Lucfe Cour?ty, Flozida ~ ~ ~C~, ~dQa~M~Q~~' _ ~ 191y ~ 1~G~e~ t~s OR ~p A 1 ~~~.o c~" a~''~a$ rp, ~ i ~~TA = R~~ S~AMp tA~; ~Q3 u~~N~'~~~ p~s` ! pp~UM • ~ pUas ~ ~ ! ofe m pEp1.0~ Rft ~ ~ ~ ` RK ~ ~ i C'~ C~ i s.- = ~ w't'9'73 , ' ~ "~Q r~ ~ ~ ~ti~+~ . N ~ N~QZ f ~ ~ - _ . ~ ~ . ~ rogetMr with aIl ~nd si~gulsr the tenements, he~editaments and ~ppurtance~ tF~srevnro bdapirg w in u~ywis~ ~pp~rtainGg tMnto, and rll renb. iuw~,. P.oceeds and profin scuuiny and to sccrue from said premises, all of wFiKh ~re includ~d in tM abov~ ~nd fapoinp dacription snd h~b~ndum. ~ TO HAVE ANQh~,HZW fM +bov~ desuibed snd gr~nted premius uMO th~ s~id MORTCsAGEE, Hs s~a~ssora ~nd assip~s for~va. And tM Nid MORTGAGOR fw = hein, executon, administratas and a~siyns, h~reby cov~nri with tM s~id AAORTGAGEE, tb waes:ws and auipnr, ~ rhat they are ~~,~,{ully se~zed of th~ wid premi~es in fee simpl~j that tM wme u~ frN, clta~ and dbcharyd fraen aU lbru and ~ntun? ~ bronces in law a in equity, and tha~ thev will ~nd their h~irs shdl warnnt and dehnd th~ titb to th~ sam~ to th~ wld ! MORiGAGEE, it~ svaeswn and auiyra, fwever paimt the (awful claims snd d~mands of ~II pKwrus " PROVIDED, ALWAYS that if the MORTGAGOR shall pay unM tiw MORTGAGEE tM promiswry not~ hKtinbefon dtwibsd u~d ~MII truly, promptly 4 and fully periwm, di~clwrye, ~xecvt~, compkte, comply witi~ and abide by ~sch ~ed every flw stipulatiwa, prMms~b, canditions ~nd cov~nsnb of said } promisswy note ~nd of tha Mortgage, then thFs Mortpipe and the Esute her~by uest~d aMll ceat~ and b~ null and void. • Q ; R IS UNDfRSTOOD that lF~e word "Mwtpayor" whether in tFN sinpular o~ plwal anywMn in this Mort9~, shdl b~ sinpulp if on~ only and ~ shall be plural iointly ~nd Nverally if mor~ thsn one, and that the wad "their' as uwd anywbeh in tha Mwfy~ sh~lt b~ t~ke~ to m~~n "hF~,•• •'Fwrn," ~ or "its," wherever tM context so implies or admin. AIw. tFNt whe?ever tbere is a ref~renu in tM cowrwnri and prs~m~nri iwr~in oont~kwd to any of ~ ~ha parties her~to, th~ s+rn~ shall b~ construed to mean ~s well as tM hein. Ip~l rpr~t~tiw~, wa~swn and auipro (~ithu volunt~ry by ~ct of t!w ~ pani~s or imrolumary by oper~fion of ti+~ law) of tM sam~ and tMt rha cov.nann h~r~in co~fained sh•11 bind ~nd tF» b~n.fin and ~dv~nt~s kNx~ ~ ro the re~psc~iw hein. Ipal represent~tiv~s, wcc~s~on ~nd ass~y~ of tM putiet hK~to. ~ /1nd satd Matya9ors, fw th~ms~lvn and tMir I+~in, sl r aent~tives, succes~o~s and au ro, Mr ~ Ip ~ ip eby jointly and s~va~lly oov~nt ar?d pra ~ ~ ro and with th~ wid MORTGAGEE, its sucuuors and +ssiyru: 1. To pay ~II aed sirgular th~ prineip~l ud i~taest ~nd th~ v~riow and sundry su~m of moMy p~Y~ by vlrtw of ~aid promia~ory not~. ~nd thf~ ~ ~ mortpapt. ~ach and ewry, pomptly an th~ d~ys respectivdy tiw ssm~ wr~r~lly bacan~ dw. Y ~ 4. To p+y dl and sir~ular th~ t~:~s. ~wsurNnts, lwiti, liabilitia, oblip+tioiq ud ~ncwnbr~nca d wery nrtw~ and kind now on ~aW d~wib~d ~O~ P~~b, w that h~r~~h~r may b~ impos~, suffv~d. p~aced. IevNd, a~wessd tMrwn, w th~t Iw~~~hK may b~ Iwld or ~sseaHd upa~ tF~ Mort~ ooc~ .y~, w th~ indebr~u Na,.~d hereby. ~~cfi and w~ry, wMn dw ~rd psyable, acco~dinp ro taw, b~ta~ they b~can~ d~linqwnt, and b~lort ~ny kNM~st ~ •n~chts p ~ny p~n~lty is intwred; AN~ INSOfAR AS ANY 1MEREOf IS Of RKORO ?ME SAME SHAII 6E PROMVTIY SATISf1E0 AND DISCHARGEC Of RKOR~ AND THE ORIGINAI OfFIC1Al OOCUMENT (StKH AS, fOR lNST/1NCE, 1HE TAX RKEIPT OR THE SATISfACTION PAPER OfFIC1AllY ENOORSED OR CERTIfIED) SHAII bE PIACED IN THE MANOS Of SAI~ MORTGAGEE WITMIN TEN DAYS NEXT AiTER PAYNIENTf ud in tht wtm 1ha1 ~ny tMnof b nol p~id, uC~fied and diuharq~d s~:d MORTGAGEE may at any time pay tl» a~ a~mr pu1 tFwr~o/ witho~r waivinp o~ ~ff~ttirp ~ny option. IIM, pvity o~ •pht und~r or by vinw of thi~ mw~pp~ and tM full ~moun~ of ..d+ .~+d .~ar P.yn+.m .h.a b. ~.dw~.iY dw .~d P.r.~. .~d sh.n b.a. a»...a boen tlw dH~ t14r~of until paid ~t ~~te O~ f~iM pN ~l~1fuT ptt ~fN1yT ~f1d 109NI1N w~~h weh intN~~t ~11 b~ New~d by tl+~ li~n o/ tl~:~ enorqtp~. ~ - ~