HomeMy WebLinkAbout1285 • _ ;~s~oo~
THIS INOENTURE, lfMdr tM 8tb day of J~e ' A.p. 19
~3' ~ betwNn
Jauaes 6. Tboaas and JQwell Thosas, h s w e
of St• uCi@ Covnty Flaida, MreinahK dttignated ~s tM "MORTGAGOR;' ~nd fIRST FEDERAL SAVINGS AND tOAN
ASSOCIATION OF FORT PIERCE. • corpaation orya~+ised ~nd exi~tirg under tM tsws of th~ United S+~t~s of Amerk~ ~nd havinp iri pri~cipal pl~ce of
buiines~ in fFw City of Fwt PiKU, St. luci~ Co~mtyy florids, M~einahK d~sipn~ted ~s ~M "MORTGAGEE."
WHEREAS iM MORTGAGOR b jwtly i~bt~d to ths MORTGAGEE in tha sum of s Z~~B~•~ ~ood and lawiul money of the Un~ted
States adv~~ced by 1Ae MORTGAGEE unto ths MORTGAGOR, as evidenced by a cert~in promiuwy note of even date he~ewith, of wh~ch tM fol~owirg in
wards and fi~u«t is a t?w co~Y, to-wil:
= 20,800.00 r,~, 10019979
P~?a. ~o.w.. J~ne 8 i9 73
Fa valua received, 1, we w ei~her of us, promise fo pay, witF~out defalcatio~, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE bt Fort Pierce, Florids, the sum of : Z~~B~~~ wlth interest from date at the rate oFe~~ °fo per annum, in monlhly instal{-
menrs ss foiloNi: t 174•~ on the l~bday of 'j~y , t973 and a tike sum on the ca.espond~np day of each moroh therr
aite~ vntil the w?+ole be fully paid.
EacF~ inslallmcnt firit shall be applied in payment of the interest and then on the unpaid bstance of 1he principal sum. If defsuh is msde in 1he
payment of any installment when due, and wch defauh ta?tinuts 30 days, then at the optiw~ oi the halder, and without any other notice, all the rcmainirg
~ ~nstaltmenis shall be due and payabk at once. Privilege is given to prepay th'n note in whole or in parf a1 any time without penalty. Neithe? forebear~nte,
~ nor accep?ante by the hotder thereof after any default in any paymems hereon, shall be dcemed exter?sion. A Iste pa/ment charge of ~8 ~ 7O shall bs
~ added to each installment remaining unpa~d 7 days after its due datt, and e like sum shall be added to each such instaltment remainirg ~npsid 7 days after
each tucceeding paYnxM dete.
v •
t,~ fach maker, surety and endo?ur hereof, jointly ar+d severslly, waives demsnd, p?esemment protest and notice of protest for nonpayrt?ent, and further
agrees to any extcnsion of time of payment, either before or after maturity, without notice to any of us; and to pay alt costs of colltcrio~, i~ttud~?g a
reasonable attorney i fee en the event of any default hereuoder, and heie6y seve?ally waives all beoefit of homestead and exemption uoder the constitutan
and laws of each State of the United States, as against this obligation w ~ny extenaion or renewsl hereof,
~ Witness the hand and xal of each party.
~ -
. ~?u
s/Jzudes B. 2`hoaas
(s~?U
~ $31.20 . s ewe aas ~
e ~ sf.re ee~~~
'~5~`AIICdIl~ af'alglll~l TAl1!) .
~ NOW, 1HEREFORE, the MORTGAGOR fw the purpox of securing Fayment of said sum of ~ 2Os8~~~~ ~~d the performaBCe of ths
covenants and agreements hereinafte~ expressed, and fw divers good and valuable cons7deraYwns, by these presents, does grant, barpaio, sell, remise,
relrase, convey and tonfirm unto the MORTGAGEE, its successoss and auigns, atl thaf cen~in iot, piese or parcel of land, situat~, !yi»g, and bainp in ths
_ v ~~~~y o{ S'C. LUCZe and State of Flwida, deKribed as follow~:
Lot 13, Block 1, SLRIRISB BS2ATBS SUBDIVISION, according to the plat thereof
recorded in Plat Book 8 at page 75, of the Public Records of St. L.ucie County,
Florida, -
~X
Q'~~ ~ -
z p.N`
oF ~ S 24 ~
~i a'~ ' 3
~ ~ ~i . "
o O~t O~~`~,
~ ~ 0~4 y 4
~~y~ ~ ~ P~ (~~EryEp IN PAYME(iT OF TAl(ES
~.r i~~~~s Ol~ ON CdJ1SS'C INTRN6IBLE PEi~StNiA~ P^.~Jt'ERIY.
~,GC+ ~ pUR$UA!!I iD CINPTER 71-134, ACTS OF 19J1.~~
i~ O iiOGER POITRAS
CiFRK CiliEtNT ODIIRT. ST. LliCIE 00, F11~
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j togefF~er with ~tl and singulsr the tenements. hereditament~ and sppurta~ces thereunto belongirg or in anywise appertaining theroro. ~nd all re~ts, issves.
prxeeds ~nd profits acaving and to acvue from ssid premises, all of which ue inctuded in fhe above and fweyoing dexription and h~bendum.
~ TO HAVE AND~Q~HQLYD the sbove destribed snd ynnted premises urtto the ssid MORTGAGEE, iri suuesson and usiQro foravN. Md th~ s~id
~ h50RTGAGOR for 1 heirs, execvtus, administrators and ssirgns, hereby covensnts witb fhe s~id MORTGAGEE, iri woce~aors and assiyro,
j rhat they are ~i~~~~y M1z~ of fhe sa~d prem:ses in fee iwnple; that the same sre frae, deu ~nd dixhsrqed from all 1'~ent and ~ncum~
t brances ~n law os in equity, end that they W~~~ s~ their heirs shsll w~rrant ~nd defcnd the fitk ro the same to tht said
MORTGAGEE, its successors and suigns, fwever against the lawful claims and demu?ds of all persons;
PROVIDED, AlWAYS thst if the MORTGAGOR shsll psy unto the MORTGAGfE the promissory rate hereinbefore despibed and ~hsU truly, promptly
5 and fulty perform, diuharge, exetvte, compkte, comply with and abide by esch ~nd every the stipulat~ons, syreemenis, conditions and coven~nb of said
promiswry note and of this Mortgage, then this Mortgsge snd the Estate hereby ueated shall cess~ and be ~vlt and void.
IT IS UNOERSTOOD that tFx wwd "Nbrtgagor" whether in the singular or plural s~ywhere in this Mwtgsge, shall be singulu if one only and
j shall be plural jointiy and severally if more th+n one, and tF~st the wwd "their" as used anywhere in tha Mortgaye shall be taken to me~n "hh;' "Frrs;'
w"its," wherever the context w impliet a admits. Alw, that whereve~ there is a reference in the covenann ~nd agraenxnq herein eontained to any oi
3 the parties hcreto, the same shsll be co~strued to mesn ai well as the heirs, leya! rtpresentativd, succeuors and astigrn (either volunury by ad of tM
# parties a involunt~ry by operat'an of the tsw) of the same and that the covensnts herein cont~ined sMll bi~d and the benefits snd ~dvanta9es inw~
e~.~. ..,.,rcy;ve he~rs. kad represematives, successon and ass~gns of the parties hereto.
And ssid Mortgsgors, fw tFxmxlves and their F?ein, fegsl represenfatives, svcceswrs and auiyn~, hereby joeMly and severslly covenant arb ~yree
to and w+th the wid MORTGAGEE, its successws and sugrac
~
~ 1. To pay all and sirgular the principal and inrlrest and the vsriovs and sundry sums of mw~ey payabk by virt~e of said promissory note, ~nd fhis
mortqsye, esch ~nd every, promptty on the dsys respectively the same severally becane due.
2. To pay ~li ~nd sirgvlar the taxes, ~ssessments, [evies, tiabifities, obligstiwu and encvmbra~cea of svery nstu~e sr~d kind now on said desaibed
property, or that hereahsr may be ;mposed, wffered, pl~ced, levied, or +stessed thereon, or that hereafter m~y be lev'~ed w assessed ~pon thb MortQ-
_ age, or the indebtedneu secured hereby, exh and riery, when due and payable, accordirg to law, befwe they becane delinqvent, and befort arty interes~
atteches w any penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAIL BE PROJNPTLY SATISFIED AND QISCHARGED Of
= RECORD AND THE ORIGINA~ OFFICIAI DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION P/1PER OFFICIAItY ENDORSED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAtD N{ORTGAGEE WITHiN TEN DAYS NEXT AfTER AAYMENT; ~nd in the evtnt thst ~ny thereof is not
± pa+d, sat~fied and discharged sa:d MORTGAGEE m~y at any time pay the same w sny part thereof withovt wiiving w sffectirg any option, lien, eqvity a
~~qht unde~ a by virtue of this mortgage and the full amount of each snd every such payment ih~ll be immediately due and payabie and shall bear interest
` ~•om the date thereo( until paid at rare of nine per centum pe? ennum and together with such inte~est fhall y th~ 1' o~t s morqta~t.
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