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HomeMy WebLinkAbout1218 ~ 16ra.)SO~Q . THIS INDENTURE. N1+d~ th~ 28frh d~y of T"~~„1L A.D. 191~.. behv~ . , . Danie2 B. ward and Gloria l. Waxds hia wi~e of St • Z.tiC~@ CpMty Florida, MrtinaftK dttiqnated a~ th~ "MORTGAGOR," ~nd fiRST FEDERAI SAVINGS AND IOAN ASSOCtAT10N OF FORT PIERCE, a ao~poration wpu?iud ~~+d ~xiitinp unda tM laws of tM U~it~d St~tM ot /1m~~iu • ~nd havinp iri p~incipa) pi~c~ of busfnas in tM City of fott Pw?u, St. luci~ County. Florid~, hKtieuhu d~sipo~ted ~s tM "MORTGAGfE." WHERfAS tM JNORTGAGOR i~ iwtly i~d~bt~d 1o t!w MORTGAGEE in tM su~n of ~ 1'4~ ~0~~ , yood and lawful moMy of the U~~ted Statss ~dvanced by th~ MORTGAGEE unto th~ MORTGAGOR, ~s evide~ced by a u~t~in promiswry not~ of ev~n date hsrewith, of which tM ta'bwir?p in wwdi ~od fiyures b a trw topY. to~wih ~ 14,500.00 N, 10019880 Fo.~ Ps.,u, F~«rd+. MaY 18, ~q7,~,~ for wlve received, 1, we ot ather of us, promi~e to pay, without defalca~ion, to the orde~ of FIRST FEDERAL SAVINGS AND LOAN A55(KIATION OF FORT PIERCE at Fort Piau, Flaida,, ths sum of ~ 14~ with interest from date ~t the r~te of ~Q96 per annum, in moMhiy instal!- me~rs as follows: =139 ~00 ~ 1~t21~y of .1U131 ~~9 73 and a like iwn on the cw~espoadinp day of each month therr afrer u~til the whole be (ully p~id. Each insuliment firtt shall ba applied in payment of ths interest and then on the unpaid balance of the principal wm. If default it made in tM payment of any insfallmen? when dw, and wch defauit continues 30 days, then at the option of the holder, and without any othe~ notice, a!1 the remaininp ~nstallmeots ihall be due and payabk st once. Privilege is qiven ta prepay this note in whole or in p~n st sny tims without penalfy. Neither forebsaranta, nor scceptance by the holder thereof ~fter any default in anY paymems Fxreon, sh+ll be desmed extension. A tate payment chasge of j`6~95., shsll be added to each instal~ment remainirg unpaid 7 days after iri due d~te, and a like sum shall be added to each svch installment remaining uopaid 7 days aher each svcceeding payment data. Each maker, surety and endorser hereof, joi~tly u~d severally, waives demand, presentmeot protest and notice of prottst for ranpayme~t, snd further agrces to sny exte~sioo of time of payment, either belore or after maturity, without notice to any of us; and to pay all tosts of collection, includinp a reasonabk attorney's fee in the event of any default hereunt~er, snd• hereby severally waives alt be~efit of hortrostcsd and exemption undei the coastitution and laws of each State of ths United $tates, as against this obiiyatioo a sny exre~sion or ~enewal hereof. ~tneu the hand and teal oi cach party. . ~ ~ ~ ~ (SEAU s Dar.iel B. Ward ~U cs~?U $21.75 Gloria l: Ward ~ c ~ st.r~ ae~,~ - • (S++w~r ~we.Ned «+yind-nete) • NOW. THEREfORE, the MORTGAGOR for the purpost of sec~ring payment of said sum of = 14~ r~~00 , and ths performancs of th~ covena~q uid spraemenb hereinafter expreued, and fw ~vera good and v~lwbl~ considerstans, by these presenri, does grant, barpain, scll, remise, release, convey and cortlLm uMO the MORTGAGEE, in succeuas ~od assigns, ell tMt certain 1~, pieu ot puoel of lu~d, sitvate, lyiry, and beirg in ths County of $t •~11C1e , u?d Stata of Flwida, dastribed as followa: Lot 16~ Bloek 4, 1t~CKER TERRACE SIJBDIVISION, as per plat thereof on file in Plat Book 4, page 54, Public Records of St.t.ucie County~ Florida. ~ ~ t. RP ~A-1 ~ - -t',~ ~pRY ta 5 ~ ~ ~ IN PAYMENT OF TAXFS ' ~uMEN - ~ ~ DiE 011 CU1SS 'C INTANGIBLE PERSONAI. PRO°ERI~ . 'Qa - z PUR.SUAMT TO CFfAP?E~{ 7I-13l. IICTS Of 19/1. o°~,~„ es aEPt'~ w,'f22'~ R06ER r01iRA4 /~r/ ~ G ~ t.a ~ G~11I CIRqMT I~OURi~ S'~ WC~ ~i RA, ~ + ~NM1 - ~ o ~ . { - ! j together with all ~nd singular the tenements, hereditsmenh snd appurtances tl~erevrt?o belorginp p in anrwite ~ppertsininy theteto, ~~d all renb, istws, } proceeds and profin scuuing and to accrve from said premises, all of which ue included in tl+e sbovt ~nd forepoirg dewiption and hsbendwn. ' TO HAVE AND TO NOLO the sbow described snd gr~nted premises unto tha said MORTGAGEE, iri wocesson and suiynt forever. Md th~ saW ~ their ~ MORTGAGOR for - hein, executon, administraton ~nd suigns, hereby ooveiwnb with the s~id MORTGAGEE, iri waeuas and sssipns, t rhat they are Iawfully seiud of the said prem~ses in fee simple; th~t th~ same ~re free, cleu and discAaryed fram all lieru ud ~rKwn- f brarues in law or in eqvity, and thst they W~~~ their h~;n shap wsrnat and defend t}ie thk to the sar~» fo t}~e said MORiGAGfE, in successo~s and assigra, forever aysinst the tawful daims and dem~nds af ~II perwro; i PROVIDED, ALWAYS that if the MORTGAGOR sMll pay unto the MORTGACaEE the promissory ~ote hereinbefqs destribed and sAall truly, promptly ' and fully perform, disch+rge, execute, compkte, comply with and ab~de by esch and every the stipulations, ay~eemenri, conditiau and corenanri of uid promissory oote and oi this Mwtgage, then this Mwtgage and the Estete hereby aeated shsll cease and be rwll ~nd void. : IT IS UNDERSTOOp that the wwd "Nbrtg~gor" whethe? in the singulu or plwal anywhere in this Mortg~ge, shsll be iu~yular if one only and shall be plvral jointly and sever~lty if more than one, ~nd that the word "tlxir" ss used snywhero in this Nlottgage shatl be taken to mean 'Tis," "hers," ~ or "in;' wherever the context so impli~s or sdmin. Also, that whercve~ the~e Fs s reference in tM covenants and ayreements hetein oontained to sny of ' the parties hereto, the ssme shal) be coiatrued~to me~n ~s well as the hein, leyal representstives, s~ccessors and assigm (eithar volunfsry by act of tF» ~ ' parties o~ involuntary by oper~tion of the law) of the t~rne a~d that the covensori her~in tontai~ed shall bind a~d the be~wfifs ind advintay~s inw~ f ro the respective hein, kg+l represematira, wccessors and au?gns of the psrties hereto. ~ Md said Mortgsgors, for tF~emselves and their lxirs, legal rop?esentatives, wcceswn snd auiym, hereby jointly and severally toven~nt ~nd ~yret i t to snd with the taid MORTGA6EE, its sv:csssws and sssiyns: ~ t. To psy all u~d iing~rlar tF?e principal and interest and tF+e wrious snd sundry sums of mon~y payable by vinve of said pramiswry note, ~nd this mortga~ee, each ard every, pomptly on ti~e d+ys respectively the same sever~lly become due. 2 To pay all u~d iugvlu the taxes, sssessmenn, levies, liabiliries, obliyaYwns a~d encvmbn~cea of every nature and kind now on s~id d~sutbed ; : P~~fY, a that heresfter may be imposed, suffered, placed, lavied, a assessed thereon, w fFwt hereafter may 6e levied or ai~easd ~pon thia Morfp- oco ' ; s9e, a tM irxlebtedneu fecured heraby, each and erery, when due ~nd payabk, saordirg w law. befw~ tfiey becomt delinquent, a~d befors ~ny interett p°~ ~ ! atteches w any penalty a intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD 7HE SAME SHAII BE PROAMTIY SATISFIED AND ~ISCHARGE~ OF s ; RECORD AND 7HE ORIGINAL OfFIC1Al DOCUMEN? (SIKH AS, fOR INSTANCf, 7HE TAX RECFIPT OR THE SATISFACTION PAPER OFfICtAILY ENOORSED I ! OR CERTIf1ED) SHALL 8E PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar~d in tFw event t~~t a~y fhereof a na ~ ; paid, sat'sfied ~nd discharged sa:d MORTGAGEE may at any time p~y the s~me a any part tFxreof witho~t w~ivinp or ~ffectinp any option. lien, eqvity w ' ~ •~qht under or by vi~tue of thi~ mortgage and the lull smwim of each a~d every s~rch p~yment shall be immediately dve and psyible a~+d sh~l) bear interest i ~rom the date the~eof uMil paid st rate of oine per centum per anrvm ~nd toyether with wch interest ~MII be setured by the lien of th:s morytapt. x. ..c%4 P . ~ _ b ~ - . .'~'~c.