HomeMy WebLinkAbout1114 ~ ~ 25~896 ~
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1NI5 IN~ENTURE, Made th~ ~~th d~y of M8T ~ A.D. 19
7~
_ betwtsn
an e uongo an ry ongo, s e
of _St . Luc ie CW~ty Fiorid~, hcreinafttr de~ignared as tM °MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND LOAN
ASSOCIA?tON OF FORT PIERCE, • co~paat~on orp~nised ~nd extstinp unda~ tM laws of th~ U~iqd S~~tp of Mieric~ ~nd Mvinp ib prinupal pl~c~ of
bu~intss tn /M City of Fwt Pikt~, St. luci~ County. Flaida, hereinsfte~ dtsiynated as the "NWRTGAGEE."
WHEREAS IM MORTGAGOR is justly ind~bt~d to the MORi6ACafE in the tum of = • 00~• ~ good and lawful money of the United
States advanccd by ths MORTGAGEE unto the MORTGAGOR, as evidenced by ~ ccrtain prom+uay note of eve~ d~te herewith, of which tM followin~ in
wordi and figure~ is a trw copy, to-wit:
s ~3.000.00 N, 10019912
Fort Pierc~ Florid+. M~3L.. ~n 19~_
Fw value received, 1, we or either of u~, promise to pay, without defalcation, to the orde~ of FIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION OF i
FQRI PIERCE a? Fort Pierce, Flwida, the sum of S - nQn ~ O0 with intero~st irom date at the rate of _1_a_J..~ p~* annum, in monthly hutall-
~ mems u followi: f 2 71 • on the O~h day of Ju
lv , 19-.L1 snd a like sum on the correip«+d1np d~y of eacl~ month there-
afrer umil the whole be fully paid,
\ Each installmcnt first shell be applied in payment of ths interest and then on tF?e unpaid balance of the principal sum. If default is msde In ihs
~ paymenl of any installment when due, and such defsult continues 30 days, then at the option of the holder, and without any other notice, all the remaining
;~4 Ir,stallmenis shall be due and payable at once. Privileqe is given to prep~y fhis note in whole or in part +t sny time without penalty. Neithsr fo~ebearance,
~
~ nor acceptance by the holder thereof affer iny default in any payments hereon, sMlt bs deemed extension. A late payment chirpr of = 1~5shall be :
added ro each irtetallment ramsining unp~id 7 daya afte~ its d~e date, snd a like sum shall be addetl to each such insta{ImeM remaining unp~i~ 7 days ~fter ~
~ each succeeding payment date,
~ Each maker, surety and endwsen c~reof, jointly and severally, waives demand, presentment protest'e~d notice of profest for nonpaymrnt, snd further
agrees ro any extensio~ of time of payment, either before w afte~ maturiry, withouf notice to any of us; and to psy all costs of collection, irxlvd~np a ~
reasonable attorney's fre in the event of any default hereunder, snd hereby severally wsives all be~efit of homestead and exemption under the constitvtion
~ and laws of each State of the United States, ss againsf this obligation or any extension or renewal hereof. -
~ Witness the hand and seaf of each pa~ty.
~ te on ~
o (SE/?u
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~ cs~u
$ 49•50 s/ Mar Luon o ~
~ ( ) $tste Revenve ~
ts+smps Zm~eRSe- an-e?~srtar~re)
~ NOW, THEREFORE, the MORTGAGOR for the . ~ OOO. OO ~~M{ tf+e perfwmance of th~
~ pu pose of uc~ring payment of sa7d sum of i 33
` covenanta and agreaments hereinafter exp?essed, and fw divers goad ~nd v~ivable coruiderations, by these presents, does grant, bu~ain, sell, remiae,
rz,ease, convey and confirm unto the MORTGAGEE, ib s~cceuon and suigns, all thal certain bt, piecs or parcel of land, situate, lying, and beinp in tM
Counry of St _ LVC~~ , and S~ate of fb~.~a, described as follows:
~
Lots 14, 15 and 16, Block 253, PORT ST. LIICIE SECTIOid 4, as per
~lat thereof on file in Plat Book 12, Page 1l~, of the Public
Records of St. Lucie County, Florida =
s
;
i
i
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. . . ~ ~ ~ IN PAYMENT OF TAXFS
DUf 0I4 CIASS 'C IMTMI616LE PERSO;t4L PR~ERTY,
STATE oF Q~ I D A 1 w~su~r m cwwrEa ~l.l~. ACTS OF 1911.
~ DOCUMfNTARY~;:=~~~TAMP TAx. ~ p~ C~rT oo~rrosr, wclE ao, -
. ~vT. o~ RE~ ~ -
; t3 = 4 9. 5 0 ~
_
; b ~,i~~2 ~
; togNf~er with sti snd :ingular the tenement~, he~editaments snd sppurqnces thereunto belongirg p in ~nywise sppertaining thereto, ~r?d ~II renn, iasws,
e proceeds snd proFits acuuing and to scuue from said premises, all of wFiKh ue included in the above and foreyoirg desuiptwn ~nd habendum.
f TO HAVE AND TO HOLD the above deuribed and gr~nted premises unto the said MORTGAGEE, its successws and ~uiynt forerrK. Md tlw wW
MORTGAGOR for th a i r ~;~s, executon, administrators ~nd sssigns, F~ereby covens~ri with th~ s~id JNORTGAGEE, 1» svaes~s u~d usipea,
that - th~~ a~- lawfu!!y seized of the said premises in fee simplr, thst the same +re free, tk+t and discharged from dl liens and encvm~
branzes in Iaw w in equity, and thst they witl and the i.r ahs{i w~rra~t and defend tht titk to ths s~reN to tM ssid
MORTGAGEE, its successors and assgro, forever ag+i~st the lawful clsims and demands of sll perswu;
PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE ths promissory note hereinbefwe destribed uwd thsll ttvly, promptly
and fuily perform, dlscharge, execute, complete, compfy with e~d abide by each and every 1he stipulsfio~s, igreements, condit'aro snd covenanb of said
p.omissory rwte and of this Mortgage, then this Mortgsge snd the Es~ate hereby ueHed shall ceu~ snd be null and wid.
~ IT IS UNDERSTOOQ 1Mt the wwd "Mortgagor" whether in the aingular or plwal snywF~ere in this Mwtgsgt, shall be sirgula if one only u~d
shall be plurol jointly snd severally if more thsn o~e, snd ti,at the word "their" as used anywhert i~ ihis MortQage shs!! bs faken to mean "his," "hen,"
or "its;' wtxrever the context w implies or admits. Al~o, that wherever there is ~ reference in ths covenann ~nd ~gree~nenri herein contai~ed:to any of ~
the parties hereto, the same shsll be conatrued to mean as well ~s the hei?s, legal representatives, sutcessors ~~d aug~s (eitber volunbry by act of tl~s
~a••:.•_ ~±r invniuntary br ooeration of the law) of the same and that tF~e covensnts he~ein contained shall bind ~nd ~he benefin and sdvnrsyes inws 'e"'~
ro the respectiva heirs, leyal represematives, successws and ass~gns of the p~nies Aereto. - .r~~
And said Mortg~gors, fw themulves a~d their hein, legal represeMatives, suctessors ~nd auiyns, hereby jointly a~d severally covena~t ~nd apree v p'
fo and with the s~id MORTGAGEE, in successors and assigns: 0. 1
T. To pay alt snd singular the princ;pa! and '+ntcrest and the various snd iundry wms of money psyable by •virtue of ssid promissory note, and this ~ i
mwtgsge, each +nd every, prompNy on the days respecfively ths same seversily become due,
2. To ~11 and si ~
pay npular the tsxes, assesunents, levies, {isbilities, obligations and encwnbnntes of every n~ture a~d kied now on said d~svibed ~ ;
Property, or that hereafter m~y be impwed, suftered. Pfated, levied, or assessed fherew~, a that hereafter msy ba levied or assessed ~po~ this Morf ~
ew
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age, w the irwlebtedrsrss secured hcreby, esch and every, when due a~d psyable, xcordiny to law, before they become drlinquent, a~d b~for~ any ima~st o~o
arrachea or any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORO THE SAME SHAtt 8E PROMPiLY SAi15fIFD AND DISCHARGED OF p~ ~
RECORD AMD THE ORIGlNAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR iHE SATI$FACTION PAPER OFfIt1AlLY ENDQRSED
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TFN DAYS NEXT AFTER PAYMENT; ~nd in the event thsf soy fhereof is not
paid, saf'sfied and discharged sa:d MORTGAGEE msy at any timQ pay the same o~ any part thcreof without waiving w sffecting any option, lien, equity a
~~pht under or by virtue of this mortgage and the fufl amount of each and every such payment shall be immcdiately due a~d payabk and shall bear inte~est
~rom the dste theseof until paid at rate o1 nine per centum per s~num and toge~Fur with such interest tlutl be secured by the lien of fh:s morpfaye.
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