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HomeMy WebLinkAbout1222 ~ . r- THIS INDENTURE. All~d~ th~ 17th ~y ~ Iyi?j~`~~'~~ • ~q'~~w~„~, Pa . A ~rt an W da M. Albert, his wiio o~ St • I'UCi~ Covnty Florid+~, Mr~in~fta dtsipnated a tM "MORTGAGOR;' ae?d FIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ cwpor~tion orpanis~d and exiitinp urwJ~r th~ lawa of th~, U~it~d S~~t~s of Am~rka ~~d havG~p its princtpal pi~n of bu~u In tM City ot foA Pi~rc~. St. tuci~ Counry. Ftwid~. hK~inahK deapoat~d a tM "MORTGAGEE." . ~ WHEREAS tM MORTGAGOR is jvstly ind~btd to tM MORTGAGEE in tha wm of i l~ 1~0• ~ . 9ood ~~+d lawful aa~?!y o{ h1+e W?;ted States adwnced by tM MORTGAGEE u~to the MORTGAGOR, ~s wider?ccd by a cert~in promissory ~ote of even d~te herewith, of which tM Eo(low'u+q tn . word~ and fiyures b a trw copY. towit: ~0~~ ~ 1~ ~ 00~ - ~ No.._._T Fwt Pi~tu. FIorW+. ~y - ~9 7 Fa valus received, I, we o? either of us, p~omise lo psy, without defalcation, to tM wder of FIRST FEOERAI SAVINGS 4ND IOAN ASSOCIATtON OF FORT PIERCE at Fwt Pierce, Florida, the sum of : 1O•~~•~ _ with interest from date at the r~te of ~_96 per annum, ln monthly in~+all- rnents as follows: = 84•~ on tF?~ IOth day of J~y iv ?3 ~nd a like sum on the correspaidiny day of each ma?tA A+er~e- afte? untit tha whole be fully paid. ' , Each installment first shail be ~pplied in payment of ths interest and then on the unpsid bslance of the principsl wm. If defavA ~ nude in th~ payment of any installment whe~ due, and such default tonti~uei 30 d~ys, thcn at ihe opYqn of the holder, snd without sny othe? ootice, all the rem~ining ~nstallmenti shall be due and payable at once, 'Privilegs is given to prepay this note in whol~ w in part at any time witFw~f psn~lty. Neithe~ forebearance, nor actepfance by the holder tFereof afte~ any deiavtt in sny psymenrs hareon, shall be deer»ed exteruion. A Iate p~yment thargs of s 4~~_ ~lull be added to each installment remainiog unpaid 7 days aher ib due date, and a lika sum shall be added to e+ch such installmeN rem~ining unp~id 7 d~ya after each sucteeding payment date. Each maker, wrery and endaser hereof, jointly snd sevcratly, waives demand, presentment protcst snd ~otice of protest for no~payme~t, ~nd furtha ' agree~ to any extension of time of payrrKnt, eithe~ before w after maturity, without notice to any of us; and to pay all cosri of rnllection, includinp • reasonable attorney i fee in the event of any default F~eunder, and Ixreby severally waives all benefit of hom~stead and exemption under the constitution and laws of each State of the United States, as against this obligatan p any eztension or ?e~wal hereof. Witness the hand a~d seal of eath party. - s/ Paul D. Albert ~ (s~?U s/ Wilda M. Albert ~ ~ ~ 15.00 1 Ststs Revenue ~ t6rsinp -caneNed-vn~iginet ta~a+} NOW, TNEREFORE, the MORTGAGOR fw the purpose of sec~ring psyment of said sum of i l~ „+~d the perfo?msoce of ths covenanb ~od apreements hereinafter expressed, and fw divers good and valwble cw?sider~tion~„ by these preunts, does yrant, b~rq~in, ~ell, remise, release, convey snd confirm uMO the MORTGAGEE, ib sutceuors and suiQns, all that tert~in bt, p'~ete or pucel of land, sitwt~, lyirg, and beinp in the ~ SL . Luc ie and State of Florida, deavib~d ~s fdlaws: - IN ~ Lot 1, Block 138, F'IRST RE-PLAT/ RIVER PARK UNIT 1, as per - plat thereof on file in Plat Book 13, Page 3, of the Public Records of St. Lucie County, Florida. _ ~ FVS~~¢ tp AF p•.., ~ 0 ~ ` ~ ~ ~ ~ ~ • ~ c,"~ A' ,~,r?~ Y O ~ a, m O ~t tZ~ - c~s c" •y~ fyt~` °L'~ i Q~' oc, - IN PAYMENT OF TAXR ~,~~°t • ~ RfCEtVED s - . ' ~ DUE ON CU1SS 'C lNTANGIBLE PE~.SOtiAI PROPERIY~ p~~r ~p (~~I1PtE". 71-134. 1YCTS OF 1811./,~!~J , • ~ ROGER PORRAS i CLERK CIRCUR OOURT, ST. 111CIF ~ ? ~ E ~ ~ togethet with all and singular the tenems~ts, hereditaments ind appurbnces tF~ereuMo belongirg w i~ anywise appertaininp thereto, and all renb, iuues. E prxeeds ~nd proiib acauing and to scvue from said prem'ues, all of which sre included in the abo~ie and for eyoinp dest?iptan and Mbendum. ~ TO HAVE AND TO HQ,LD the above desc?ibed and granted premises unto the ~aid MpRTGAGEE, i1s suocesiws and assiyro forevp. Md fht ssW ~ E thelr MORTGAGOR fw hein, executon, administnton snd ~uigns, F~ereby cm?enanfs with the said AiWR1GAGEE, Ff~ suocestois and ~uipro, ~ that -~~Y arg lawfully xized of the said pranisea in f simple; that th~ sart~e ue free, ck+r a+d discharQed from ~II liens and ancwrr E ' j brances in Iaw or in equity, a~d Ihst th~y witt and the Y heirs shall wsnsnt ~nd defend the titl~ ro tM sam~ to tM s~id ~ MORiGAGEE, in successors and auigns, forever ag~inst the lawful clsims and demands of all perwas; ; PROVIDED, ALWAYS thst if the MORTGAGOR sF+~ll p~y vnto t1+e MORTGAGEE the prwn'afory note hereinbefore desuibed and sMU trvly, promptty and fully perform, dixhsrge, execute, compkte, comply with and sbide by each a~+d every the stipvlations, sgreemenri, conditiom and oov~n~nts of said f promissory ?afe and of fhis Mortgsye, then this Mwtgsye and the Estste hereby aested ~MII uase and be null and wid. ? IT IS UNDERSTOOD tMt the word "Mortgspor' whether in the singular w pl~ral ~nywhere in this Marty~pe, ~hall be sirgulu if one only ~nd ; shall be plural joiMly and severally if more tMn one, snd thst the wwd "their" ~s uud anywhem Jn this 1Mort9aye sha!! be take~ to mean •'l~is,•• •'i~ers,•• ~ ~ or "itf;' wherever the context w implies w admin. Atw, th~t wherever there is ~ referenu i~ the covenanq ~nd ~greements herein oontained to ~ny of ~ ~ the rties hereto, the same shall be co~ntrued to mc~n ss well as the hein, , pa kgal rep?esent~tives, wccessors ~nd auigro (eitl+er volvntary by act of th~ ~ panies a involuntary by opernion of the bw) of the same and that ~he covensnn herein contained shall bind ~nd the benefits and advantpes imx~ ~ ~ ro the respective heirs, leyal representatives, suuessws and su~gns of the ps?ties hereto. . ~ And uid Mortgsgors, fw thcroselvd and tFKer hein, legal representatives, successon ~nd sssiqra. hereby joimly a~d severally tove~ant ~nd ~pr~e ~ ~ ro and with the ssid MORTGAGEE, its successors and suigro: ~ ; 1. To pay ~II snd siny~l~r the principsl and interest and fhe variovs and sundry swns of mooey paYabk by virtue of ~aid promissory note, and fhis ~1 i mortg~ye, esch ~~d every, promptly o~ the dsys respectively the s~me sev~rally becwne due. ~ ~ 2. To pay all ~nd sinpvlsr the tsxes, assessmenK, levies. IiabiliGes, obliyations and encvmb~nces of every r?~twe and kind ~ow on said dew~d x Property, w thst lxreahe~ may be impo~ed, suffe~ed, placed, levied, or assessed thereon, a tMt here~fter may be levied or asessed upon ti~is Morlp- ac ~ aye, a fhe indebtedness secvrcd Frcreby, each and every, when due ~nd p~ysbk. ~ecordirg ro law, before they become ddinquent, and b~fon ~Mr Ima~st ~o ~ attathes w any pen~lty is intvrred; AND INSOFAR AS ANY THEREOF IS OF RKOR~7 THE SAME SHAII dE ~ROMPTIY SIlTI5F1ED ANO DISCFIARGEp OF O~p E RECORD Aha THE ORIGINAL OFFICIAI OOCUJIIIEMT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFfICIAILY ENDORSEO f OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID AM7RTGAGEE WITHIN TEN DAYS NEXT /~TER PAYMENT; and in the event that a~y tl~ereof is na pa~d, sat'sfied s~d d~uharged sa:d MORTGAGEE may at sny t~me pay the same or any pan ~hereof witl~ow w~ivinp w affeniny any option, lian, eqvity a ' ,~~pht unler w by virtue of this mortgsge and the full ~mount of each and every such payment sF?~II be imrnediately due ard p~y~bk end shall btu int~rest ! ? ~rpm the date thertof until paid at rale of ~ine per tentum per annum and toyether w~th iuch inte~est siult be secured by the lien of th:s morytpe. i Y ~Y~.-~ ~-~'~'"'9`'~, ,=.:'C y'~k ~e`zi'~ '~i'.~' '~.,~i ._'3 , ~`"~'~T~ ~t ~ _