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HomeMy WebLinkAbout2762 . ~~vvy - ~ THIS INOENTURE, IWd~ th~ ~ st d+y of J~e A.C. 19~ b~1w~ ~ Dnnald M. 'rhrall and C4the ine A. i'hra•11 hii v+*A : of St _ Lunie _ cow~hr Fio.~d.. IIMf{MNN ~Jtii~MfOd u tM "MORTG/IGOR;' ~nd fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, a capaation wpaniud u?d ~xistinp v~ tM laws of tM Un~t~d Suta of Am~~iu a~+d lavinp its p~incipal plao~ of bv~i~s M th~ Ciry of Fai Piaa, St. Luti~ County, fbrid~, hKtinaftK desipn~t~d a th~ "MORTGAGEE." WHEREAS tM MORTG/1GOR is ~»tly iod~bt~d to the MORTGAGEE ie the wm of 9ood and lawfvl mooyr of tM United ~ Stat~s adv~nc~d by tM MORIGAGEE vnto tFn MORTGAGOR, is evid~nced by • certaie promissory note of evan dat~ Mrewith, of wAich tM fdbwinp in ~ : «i 9 400"00 ~y. , n,, a June 1 Fwt PiKa. Fforida. 19~~. , For v+lw raceived. 1, we or either of us, promise to pay, without defatcarion, ro ths order of FIRST FFOERAL SAYINGS AND IOAN ASSOCIATIQN Of ~ FORT PIERCE at forf Pierce, Fbrida, the sum of :~~~,~QQ.~Q.Q-- with inte~est trom date ~t ths rate of ~~6 per annwn, in mor+thly install~ ~ menb ai follows: i~ ~ 6,3..Q~ on ths ~day of T1L~_ 19~.~., ~nd a(ik~ swn on the cw~espaxlinp day of esch month ther~- after until the whol~ b~ fvlly p~id. ~ Each inttaltment fint shall be applied in p~yment of the interat u~d thcn on the unpaid bsl~nce of tM prindp~~ sum. If defsuh a made tn th~ payment of any irqtallment when dus. and such default tontFnves 30 days„ then at the option of tl+e holder, and without ~ny other notice, all the remaininp \y ~natallments sl~11 be due and p~yabk st axe. Privikye is yiven to prepay this note in whole or ln psrt at ~ny time without penaMy. Neither forabsarance. .y~ nor aaeplante by the holdsr thereof aftar sny defauh in any payments hereon, ahall be deemed extension. A late payment charge of ahall b~ added to each installme~t remaining unpsid 7 days after its dus daM, and a like sum shall be sdded to each stith installment remai~inp unp~id 7 d~ys aha each waaediny payment date. Esch make?, wrety and endwse? l+eroof, jointly and severally. w~ives aemsnd, preseMmee?1 protest snd notice of protest fo~ nonpayment, a~d furthN agrees to sny extensio~ of time of payment, either beforo w after maturity; witbout norice ~o any of ust and to pay sll costs of mllection, includinp ~ reasonabls a»wney's fee in the event of any default hereunde~, ~nd hereby severally waives all benefit of Iwm~stead and exemption uoder ths conititution and lawi of ead~ Stats of the United S~stes, as ags~nst this obligatioe w any e~cte~sio~ or renewal hereof. ~tness, the F?snd aod seal of each party. ~ ~ • (SEAq a/Donald l~I. -Thrall ~ . - cs~w c____~?_9.10 ~ State Revenw s/Catherine A. Thrall ~ f6i«npl? e.ecdk~w~-a.i~i~d-.~.r.) - NOW, 1HEREFORE, ths MORTGAGQR ior the purpose of secvring paymeM of ssid sum of s~ 9~1~ ~ ~n . and the performaeos of th~ coven~nb u~d ayreemenn hersin~fter expressed, snd for divers good ~nd v~lwbk consideratiwa by these presenb, does ~rs~t, bar~~in, sell, remisa, release. ooavey and coafirm unto tla MORTGAGEE, in succeuo?~ ar~d auigns, sl! lhat cert~in lot, piaae or partel of land, sitvats. IYinp, and btirg in ihs Co~nty of Qt ~?~~N i A , u~d Stat~ of Flwida, d~scribed as follows: Lot 2, Block 13'j, RIVER PARB IINIT 3 TrBat E, according to the plat thereof reaorded in Plat Book 12 at Page 22 ~ oP the Public Recorda of St. Lucie Count~, Florida, ~ P~ ~ . ¢`°~P : . ~ w o~ s~ 0~ • . , IN PA.,3EKf ~ INT11t1GIBlE PE°:~ts:e~l ?'-?~OPfRtY. ~~10'~(~. TE~ 71-134. ACTS OF 1911.~j.f~ TO CW~ P ~ ~"""i aocEa roi~v?s ~~~p~ p~' ''1~ qFRK CII~ ~T~ ST. WGE 00. ~ ' ~ ~ ~Q~" o ~ `~o~~ ~ ~ . i~, O _ i . ~ together with all and sinpulu the te~emenb, hereditamenb +nd appurtances tharewHO belonyug or in ~nywise appertainirg thereto, and dl renri, isswa~, ~ procesds u~d profits acvuing ~nd to accrve from said p?emises, all of which sre irxluded in the abov~ and forepoirg dewiption and Mbendwn. f TO HAVE AND TO HOID ths above desvibed snd granted premises unto the s~id MORTGAGEE, its tuccesson and +uiy~s fwewr. Md th~ uid ~ MORTS'sAGOR for }hA i t~ executon, administraton and auig~s, hereby wve~aMS with tfie said :MORTGAGEE, its waesson and assipn, i rhat -~$-Al'O Iawfully seized of the said premises in fee simples th~t ihe ~sme ar~ frs~, c{ear ~nd discharpad from a(1 lism and urcunr branoes in law o~ in equity, and th~t_~~ will snd 4~1+aiw hein thall wurant and d~f~nd tl~ titk to tM sam~ to tM aW MORTGAGEE, in successas ~~d suipns, forever apai~st tl+e Iawfu! daims and demancls of d) perswa; ~ PROYiDfD, ALWAYS that if fhe MORTGAGOR ahall pay unto tha N10RTGAGEE the promissory note hersinbefw~ davib~d and th+ll truly, promptly and fvlly perform, d~scl?~rye, exec~te, compkte, comply with a~d abide by esch and every the stipvlatian, apraen?~n», condit~om and covNUnb of a~id ' promiaso~r note and of tF~a Mortg~e, then this Morty~pe snd the &ate hereby ueated ~F~all ua~ and be mrll and void. IT (S UNOERSTOOD tFyt the word "Mwty~gor" whethe? in !he singulsr a plwal anywher~ in this Mwt9ape, sMll b~ sinpvlat if one only ad ~ ! sh~ll be plwal ioinHy aod stvcralty if mor~ thsn or». ~od thst the wad "their" ss used anywMn in this Mortpape shap M takan ro m~~n •'hia,•• •'Mn,•• ~ w'its," wherere? the context so impl'~es a admits, Also, that wherever the~e is a reference in tht cove~ants ar~d a~r~ements hsr~in oontainad to any of rhe partia he~eto, the ssm~ shall bs corotnred to me+n as well as the hein, I~yal representatives, wa~swn ud ~ssgns (eitF~ voluot~ry by acf pf fh~ ~ j parties w invol~ntuy by oper~Yan of the Isw) of the sartie and that the covenarns Mr~in coma'uwd sh~ll biod ~nd tM b~nefita and advanta~es irnx~ ~ ro tM rapective tMin, I~yat representatives, succeasors and au~Qrn of tlw parties hertta Md s~id Mwt~pon, for ti~ernselres and tFK'u hein, le~l representatives, woceuon and ~ssipro. hereby joirnly a~d swaally cov~~snt and apr~e to ~nd with th~ said MORTGAGEE, its wcceswn ~nd suiyns: i 1. To psy ~II ~nd sinpular tM pri~cipal ~nd i~?terest a~d the variwn ~nd sundry sums of mo~+ey paYablt by virtw oi aa7d promisswy nor~. ~nd thi~ ~ mortpay~. ~ath ~nd ev~ry, promptly on th~ day~ ~espst?iv~lr f'ht s~me sw~?dly baconN dw. ~ ' 2. To pay ~11 and Mnpvlar ~ t~xes. ~s~essmenq. Iwies, liabilitiq, oblipatiom ard ~ncvenb`ances of evsry natw~ u+d kind iw~w on said dew~d ; propKty, or that hs~eafi~r may be impwad, wff~nd, plaad. Iwi~d, a ~wswd tMr~on, or that h~reaftK may be Iwi~d or aswswd ~pon thb Mat~ ~ ~ +~e, w tFw ir~bt~dn~ss a~ewed Mreby. ~ach and w~ry, wlwn dw ~nd payable, accadiap ro law, befa~ they becan~ ddinqu~nt, and b~fon a~y Mn~rat ace+ ~ •n~chp a ~ny pen~lty q incwred; AND INSOfAR AS ANY TMEREOf ~S Of RKOR[f TME SAME SHAtI dE PROMYiIY SATISFIEO AND DISCHARGED OF RECOR~ AND 1HE ORIGINAL OFFICIAL pOCUMEN? (SIKH AS, FOR INSTANCE, iHE TAX RECEtPT OR THE SAifSfACTION PMER OFfIC1AUY FNDORSED ~ j OR CERTIf1ED) SHAlL af Pl/1CFD IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; ~nd in tM tvent N»t any tFw~of is nw j p.id, s~r'sfi~d and difcl~uq~d N:d MORTGAGEE may at a~y ~irn~ pay rl,~ s~me a a~y pan ~h~.eof without waivinp a aff~crin~ any option, liwn. ~qvity a . ~ph~ under a by virtw of this mor~Qap~ ~nd fhe tuH amovnt of each and ~very sucl? paym~nt aFwll b~ immdiatdy dw ~nd payabl~ Md sh~ll b~ar imKaf 'i ~.om the dat~ tFKreof untit paid at rate of n~ per centum pa annum ~ed roq~IMr w~th tuch inttrMt ~hall b~ ~ecw~d by N+t li~n of th:s rnwptpe. i I j '..r~'4 ~ ~~..'n .3 . . ' V ..1'. -~*.r "~'r~' S -'i.K=,.x e _ - ~ ~ . ~ i s~a' ~ ~ ' ,2"~ I'