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HomeMy WebLinkAbout0087 256250 THIS INDENTURE, Mad~ fM 2~~ day of A~~ A.~. 19~ betw~en , Panl A. Fischer, a singls adult, ' of St• County flwida, hereiniftar designated as the "MORTGAGOR;' and FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ torporation or9anized and exiitiny under tM laws of fFa Unitad St~ta of Amaiu and havinp in principal plac~ of business i~ tF» City of Fut Pitrce, St, tvci~ County, Fiuida, htreinahar dsiiflnated as tM ~N~RjG~:~ WHEREAS fM MORTGAGOR is juftly ir?debt~d to !M MORTGAGEE in ihe sum of S ~~~~t good and t~wful roancy of ihe Un~ted States advanced by the MOf~TGAGEE unto the MORTGAGOR, as evidenced by a tertain promiuory note of eve~ date herewith, of wfiich tM folloainp in F word~ ~nd figures is a trw copy, to-wih = z6,~~o0.00 ` a1 ,.,0 1.,~Q~6~. Fort Pieres. Flwid~, Api'ry,a 27s ~..r19~ For value reteived, I, we or either of us, promise to pay, without defatcation, to the order of FIRS? FEdERAI SqAVqIN~GS AND lQ4N /1350CiAT10N OF FORT PIERCE at fwt Pierce, Ftorida, tAe sum of Z 16f~~~~ with interest from date at the rate of Ll.Z96 par ~nnulh, in menthly, ins++lN ~»enrs a: fotlows: s~~. on the l~~ day of ~ 19~ end a liks sum on the correspw~d:ng day of Nsch month there- aiter until the whole be fully paid. . Each installmcnt first shall be applied in psymeet of ihe interesf +nd ~hen on the unpaid bala~ce of the princ~pal wm. lf default is made,il 1hs paymeM of any installrtKN when d~a, and such defauh cootinues 30 days, then at the option of the holder, and without any oli~er nofioq~ atl,thp r~nnataing ~nstallrtKnts thall be due and payabb at «xe. Privilege is given to prepay this rate i~ whole or in part at any time without pena~ty. Neither faebearance, nor accept~nce by th~ holder thereof affer. ~ny dafavlt i~ any paym~nts h~veon, siwll be deemed exte~n~on. A late paymqr+t charg~ oE ~ shall-bs added to each iostallment ~cmaining unpaid 7 days after iri due date, and s like wm shall be added to each such installment remainina unpsid 7 days afte? each svcceeding payment date. ~ ty j y y presentment p~ofes? snd notice of protesf fw nonpayment, and further i Each make~, sure and endorsen c~reof, ointl and severail , warves demand, ~ agree~ to sny lxtension of time of payment, either before or afte? maturity, without notrce to any of us; and to pay all tosts' of collection, including a redsonable attorney's fee in the event of any default hereunder, and hereby sevcraliy waives alt beneiit of homestead and exemption ~nder the constitutan ; and laws of each State of tise United States, as aga;nst this obligation or any extensio~ a renewal hereof. . ; Wirne:s tF~e hand and ual of each party. ~ S_/ Panl A. Fischer, ~AU i a single adult ~?U } ~ ~ ~ c $2~t•60 ~ sare aere~~s ' ~ (s~e~e+pr ewxelled~arer+yRw~-++ef~l~ NOW, THERfFORE, the MORTGAGOR for the purpose of securing payment of said aum of = 16+~~~~ and the performar~ce of tiN covenanb and sgreements 6ereinafter e:pressed, and for diven good and vsluable considerations, by these p?esenb, does grant, baryai~, selt, remise, release, convey and confirm unto the N1Q4TGAGEE, its succeuors and auigns, all that certain bt, pieoe or putel of (and, sitwte, lying, snd being in ths County of ~i~ ?~~•-jA . ~nd Sute of Florida, described follows: r RF I The Nortih 190 ~eat of t~e Sontb 223 feet of the 8ast 135 ~eet of the Sf~ ot the ~ ~ ~ S~ of the Ni~ o~ Sectian 30, ToWnship 35 South, Range 40 Sast, ~ 4 ~g C ~ , ' ! 2 . s _ o A oF FLOF~IDA~~ E GZ DOCUMENYARY STAMP TA X ~ ' N DEPT. Of REI/ENUE ~ 4 - i ~ - ~ ` ; = _ - -~3~ s~24.60! r _ ~ _ = ~~~o: ~ 1 - _ 0 ~n p~rM~ oF tnxEs • (tECEJVm PERSO~aI 9ROPERn• ; ~ ~ ~ {N AN ~t8 ~ ~IS Of ly 11. ~ ~ ~~y~Ni SO ~,ER PO~j°~C i ~ C1RCU1~ OO~R1' ~i. LW:?E ~ : Gf ~ ; ~ ~ , rogether with stl and si~gulsr the renements,_ heredibments and sppunances therevnto belonging or in anywise appertainirg thereto. ~nd +I) rents, iuues, proceeds snd profin acouing and to acuue from said prcmises, all of which are included in the ~bove and for~going description ~nd h+bendum. : TO HAVE AND TO HOID the above desuibed and granted premises uMO the said MOR7GAGEE, its suttessors snd suigns forevea And the a~id MORTGAGOR for t~~ heirs, executon, ~dministrators and assigns, hereby covenants with fhe said MORIGAGEE, iri suctessors and usigns, rhat -...~y--~+~---- Iawfulfy scized of the said premises in fee simple; that the same are free, ckar ~nd discharged from ~II I'iens and N~cvm~ : brances in law or in eqvity, and that ~@~ wiH arrd t~~ heirs sFull warrant and defend the title to the wmt to the said MC~RiGAGEE, its successors and assig~s, forever sgainit the lawful claims and demanda of sll perwro; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tix MORTGAGEE the prorti~ssory note hereinbefwe desnibed and shall't~rvly, prompfly . and fully perfwm, diuharge, exetute, complete, compty with and abide by each ind every the stipvlafions, agreements, conditions ~nd tovenanb qf ~aid ~ promissory note and of this Mortgs9e, then this 1Nortgage and the Estate hereby aeated shsll ccase and be null and void. fT IS UNDERSTOOD that the word "Mwtgagor" whether in the sin9ular c~ plural ~nywhere in this Mortgage, shs{I be sirgulsr if one only ~nd shall be plural joiMly and severally if more than one, and that tlx word "their" as used ~nywhere in this Mongage shall be t~ker? fo mean "his," "hen;' or "its;' wherever the context so implies a sdmits. Also, that wherever there is • reference in the tovenanb and sgreements F?erein cont~ined to s~ryr of the pinies hereto, the same shsll be construed to mean ~s well ss the heirs, legal representatives, tvtceuors and assigns (either voluntary by ~cf of the r parties w involuntary by operation of the Isw) of the same and that the covenants herein contained sFwll bind and the benefit~ and edvsnts~q inure • ro the respective heirs, legal repreuntatives, successors and ass~gns of the psrfies he~eto. And said Mortgagors, fw themselves and their heirs, legal reprexnt~tives, successors and auiQns, hereby jointly and severally covensnf •nd syree i ro and with the said MORTGAGEE, its successors and auigns: 1. To pay all and singular the principal artd interest and the vsrio~s and sundry sums of money payable by virtve of ssid promissory note, and this r mortgsge, exh and every, promptiy on tFrc days rapettively the same severally become dve. 2. To piy all and sing~tsr the ta:e~, assesxnents, levies, liabilities, obligstions and encumbrances of every natvre and kind now on said described property, or th~t herea4ta may be imposed, suffered, plsced, kvied, or ~sseued the?eon, a tMt Froreafter rnsy be levied or usessed ~pon this Mort¢ " age, a tM indebtedneu sea,red hereby, exh and evay, when due and payable, sccordir?g to Iaw. before they become delinquent, and befw~ amr i~terest ; atraches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII BE PROMPTLY SATlSFlFD AND DISCHARGED OF RECORD AND THE ORIGtNAI OFFlCIAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTtFIED) SMAII BE PIACE~ IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tF~e eveM that ~ny thereof is not pa~d, sat:sfied and diuharged sa'.d MORTGAGEE may st any time pay the same or any part lhereof withovt waiving or affectiog any optioo, lien, eqvity p •~qht under or by virtue of this mortgsge and the fuil amount of each and every iuch payment shall be immediately due and pay+ble and shall besr interest ~rom the date thereof until paid at rate of nine per centum per annumQn~ t ~th such int~g+~ hall be secured by fhe lien of th:a morytspe. :,~'^M~~`A~E ~ 1 <s. - _ ; , _ ~ _ _ _ ~ F_. _ ~.w.