Loading...
HomeMy WebLinkAbout1607 25r119~ THIS iN~ENTURE, Mad~ th~ 18th ~y of ~June • A.O. 1973 b~twNn _ Travi c O nPw on 3nci Vp A B N wton ~ hi s w~ fg of ~ • Cpu~ty Fbrida, Mr~in~fts~ dtsig~natsd ~s 1M "MORTGAGOR," and i1R5T FE~ERAL SAVINGS ANO IOAN ~ ASSOC~AT1pN OF FORT PIERCE, ~ corpaation orpu~ized ~nd ~xatirg undsr th~ laws of tl+~ United Sb~~s of Am~ric~ ~od Mv~np . its principa) pl~c~ o~ bu~iMSS in tlw City ot fat PiKw. St. luci~ Counry. flaida. he«in~NH dstipnat~d as tM "MORTGAGfE." WHEREAS tM MORTGAGOR i~ j~ratly ind~bt~d ro tM MORTGAGfE ire tM wm of = 9+ 2O~ , yood and lawfvl ma+sy oi the Un~1ed Srate~ advanced by tM MORTGAGEE unto ths N1pRTGAGOR, a~ evidenced by a certa~n promiuwy note of even date herewith of whlch ?tw fdtowir+p in word~ ard fiqures is • trw copy, to-wih ~ ~9,2n0.00 . ~ 21OOn~U2 + ~ ' ~ ~ wn P~~., Fb.~d.. - June 18 , ' i4 ? 3 for val ~e ~~ceived, 1, we or eiths? of us, promise fo pay, without d~falcation, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af Fwf Pierce, Florida, the sum of = 9+ 2O~ with intereff from date ~t the rate of 8 96 per snn~m, in monthly instalb ments ai foltows: =88 ~ t~ l~t~y of August ~ ~973 and a like sum on the correspond~np day of each month therr a frer onti l the whole be fully paid. . • ~ Each irtstallment fint shall be ~pplied in p~ymenf bf the interes! and then on the unpaid balance of tl~e p~intipsl sum. If default ii made i~ ths paymeM of a~y in~tillmeM when d~e, and suth def~ult continues 30 days, the~ af the opYqn of the holde~, ar?d without any other ~otice, al) the remainir~ ~nstallments shall be due and payabk at once. Privi prep~y part ~t ~ny time without penalty. Neither fwebearancs, ! Isgs ia given to this rate in whole w in nor +cce tance b the kolder the~eof after an defauh in an payment ciwrge of S 4• 4O ihall b~ P Y Y Y WY~~ts ixreon. ihall be daemed extension. A late added tn each in~t~llroenf remai~ing vnpaid 7 days aflsr ib dw date, and a like sum ahall ke added 1o each uxh installment remaininp ~npaid 7 days ~fter each wctetcling p~yment date. Each maker, surety and endo~ur hereof, jointly snd xve?ally, wa;ves demand, pesentment protest and notice of protest fw rwnpaymertt, and further agrees to any extcnsion of time of payment, eitF~er befwe a after maturity, without notice to any of us; and to pay all costs of collectan, irxludirg s reasonabb attwney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead a~d eaemption under the conafitution and lews of each State of the United States, as against this obligation or any extension w renews! hereof. Witness fhe harwl and sesl of each parfy. S/ Travis O. Newton ~ S, Vera ii. Newton ~u cs~?u 13 . 8 O ) State Revenue ~U ~t~r~r.~~x.ii~~x~C ~s.~r.XX NOW. THEREFORE, tM MORTGAGOR for the purpose of tecvring payment of ssid sum of ~ 9~ 2~ , ~~d tM perfwma~ce of the covenanls and a~raeme~ts hc?einafter expressed, and fw divers 9ood and valwble consideratio~s, by thas pese~n, does Qrant, barpain, sell, remiss, release, convey ~~tco~fiynuCt1ol~ MORTGAGEE, in svccessors and auigns, all that cert~in lot. piece or parce! of laod, sitwte. IYirg, and beirg 1n ths County of L and Sa» of florida, ibsd fol~a, Lot 15 and the South ~O feet of Lat 26 o~Garc~envilla Subd~vision as per ;~lat thereof recorded in Plat Rook 9, at page 61, of the I'ublic ~2ecords of St. Luc?e County, Florida.~ O ~ hr _ STA E oF ~LORIDA ~ ~~Q~`~ P~'~~y1~• xc ~ DOT. ~F REYENYE~~SIAMP__TAX~ V Ntt~~'\e~1~`'~~5~ fA'~ ~ ~ ~ ...:i2i'l9 ~ ~ 4Et 1 ~tli?'- JG~E ~ _ ! 3. 8 01 ~oc~s ~,_\~~~5~.~ . O ~ ~IIOZ `aw.I ~ ~E-G ~N SD ~ ~~Z• N~ ~ . . , . ~RSO4'' ~ G\~O~Z CL~. , ~ rogether with ~II end singular the tenements, hereditaments and appustante~ the~eunfo belonginy or in anywise appertaininy therefo, and a0 renri, tuues, proc~eds and profin scvuing snd to acvue from wid premiies, alt of wFiKh are included 'm the above s~d fweyoinp deatriptan snd hsbendvisi. TO F{AVE AND TO ?~OID the above descr7bed ~red granted premises vmo the said MORTGAGEE, its successors and ~uiyns foreva. Md t6e said ttielr MORTGAGOR for hein, executws, administrstors and suigns, hereby covenanb with the said MORTGAGEE, ifs wtce~son aod ~ssipro, the are rhat ~ lawfully uized of the said prcm' ~n fqe s~mple; tha~ the s~me aro free, ckar snd duch~rged from dl liem and ~ncwn- ~ ~heir brarxes in Isw o~ in equity, and that t h P~ will and hein shall wurant and defend the title to tF~e same fo !he faid MOR1GACaEE, its succeuors and suigns, iorever ag~inst the ul cl~ims and demands of _~II perwro; PROVIDED, AlWAYS that if the NIORTGAGOR shatl pay unto the MORTGAGEE the promissory ~ote hercinbefore desnibed snd shsll truly, promptly and fully perform, discharge, e:ecvte, complete, comply with and abide by each s~d every the stipulations, syreemenb, conditiom and covenanta of aaid promissory note and of this Mortgsge, then tAia AAortgsge a~d t}?e Estate hereby aeated shsll cesss and be ixrll snd void. IT 15 UNDERSTOOp tMt the word "Mortg~gor" whethe~ in the si~gul~~ or plural anywhete in this Mwtyaqe, ih+ll be sinyular if on~ only and shall be plunl jointly and severally if more th~n one, and thst the wad "their' ~s ~ned anywhen in this Nlortgsge shall bs faken to mean "hp:• •'hen•• or "its;' wherever the cantext so implies a admi». Also, that wherever thne is s refaents in th~ covenants .nd agreernenn he.ei~ contained ro .rryr of !he psrties hercto, the s~me shall be construed to mea~ as well as the hein, kyal r~presentatives, successon snd augro (either volunt~ry by act of th~ parties w invoiu~ary oy operaiiw~ oi tns i~wj of the same ar~ Ch~t :ha ~r=r~r.!~ !rce:ee ~!+!•e•.a..~ ~hall bend and tF~e bentfiq and idranNpes Lnur! 3 to the respettiw hein, legal representatives, urccessors ~nd au~gns of the parties hereto. j Md said Mort9agws, for themsetves sind their hein, legal representatives, successon u~d stsiprq, hereby jointly and saverally oovenanf and ~yree to and with the said N10RTGAGEF, its successws snd ~uigru: 1. To p~y all and s'ugutu the p~incipal snd interest and the vsrio~s and wndry sums of rnoneY paYable by vlrtue of said promiasory note, and thn mortgy~s, eath and every, promptly on tF~t dayt respectively the same severally become d~e. ~ 2 To pay alt end singula? tF+e uxes, assessments, levies, liabilities, obligstions snd ~ncvmbrances of every nature snd kind naw o~ uid described property, or tMt hereaher maY bt imposed, wffe?ed, placed, levied, w~sxased thereon, w that hereafter may be kvied or assessed ~pon thia Motl¢ age, a the.irwkbtedness secured hereby, esch snd every, when dve and p~ysbk, accordinp to law. befw~ they become detinquem, and btfor~ any imerest attaches or any penalty is inturred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD ?HE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED Of RECOR~ ANO THE ~RiGt1YAL OffIC1At OOCWNENT ($UC11 A5, FOR lNSiANCE. THE TAX RECEIPT OR 1HE SATi$FACTION PMER OfFIC1AllY ENDORSED OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst ~ny thereof is not paid, sat'sfied and diuharged sa:d MORTGAGEE may st any t~me pay the same w sny p~rt thereof witkovt w~iving or affectirg any option, lien, eqvity w •~qht under w by vert~e of ti+is mortgage and the tull amoum of each ~nd every such payment shatl be immediately dve and psyabk and shall bear interest 4 ~~om the date ther~of until paid at ~ate of nine per cenwm per annvm arsd togetlxr with st~ ~t~~{I ~~~r~~ lien of th:s nWrybQl. j v ^ ~ - _ "M ~ ~ . e . . . - _ - - - ~ _ ~