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HomeMy WebLinkAbout1840 ~ 25~3~5 ?HIS INpENTURE, Msd~ th~ lsth day pf 'T~A A.D. 19~., betwten Wa~vne Construction Ccapsny, a Rlorida Cozpoz~tion of St. Ll~~@ County Flwida, hKein~flN dai9rufed as 1M ''MORTGAGOR;' ~nd FIRST fEDERA~ SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpaation orp~~iud ~nd ~xiuinp vnd~r tM laws of tM U~i~~d Sut~s of Arr?~riu and havlnp iri p?incip~l plat~ of busimss in tM pty of Fwt PiKU, St, l~ Counry, Florid~, Iwrelnafit~r daiynat~d as tM "MORTGAGEE." ' WHERfAS tM MORTGAGOR ts jv~tly lnd~bt~d to tM MORTGAGEE In tM wm of = 1~.~-~ qood +nd I~wFul mo~ey of the Uncted t S~etn ~dvanc~d by tM MORiGAGEE unto th~ MORTGAGOR, as evidenced by a ctrt~in promiuwy not~ of ewn date hsnwith, of wh~ch tM foltowinp in # wadt at~d fiyures is ~ 1tw topY. to-wit: f = 26 • ZOO ~ ~0 r,~p 10020026 ~ Wrt PIKU. Flwid+. .JZ1RQ ZS 19~ ~ For value ~eceived, I, we w either of us, p~omise to pay, wi~hout defalcation, ro ths order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OP ~ ~ FORT PIERCE at FoH Pierce, Florida, the wm of s 26! l~•~ with intcrest from dat~ at tha rate of 7•79~ pet ~nnum, in monthly insutl- T' ments u follows: i 198 o~ ~tb d.y of~~teabar , ~9 73 ~nd a like ium on the correspondin~ day of_ euh month therr t after until the whole be fully p~id. u ' Each insullment fint shall bs ~ppl;od in payment of ti~s intereat and then on the unpaid balance of the prindp~l wm. If defauH is msde in the ~ Paymem of ~ny irntatlmtnt when due. and such dafauh tontinues 30 days, then ~t the opYwr? of the holder, a~d withovt aoy other nofice, sll the remaining v ;nstallments shalt be due and payable at once. Privitage is given to prepsy this aote in whok w in parf at any time without penalfy. Neithet forebeat~nC~, ~ nor sa qnce b the hotder thereof after sn defavlt in an QP Y Y Y WY~^a^n he?eon. shatl be deemed extension. A lats payment charge of s 9•~sh~ll be added to each ins~attrrKnt remainirg unpa~d 7 days after its du~ d+te, ~nd a tike sum :hall be +dded to exh such installment ramaining unpaid 7 dayt afte? eath wtteedin9 payment date. • j Each maker, surey and entlorser he?eof, jointly ~nd severalty, waiv~ demand, presentmrnt protest end notice of protest for nonpayment, ae~d further agrees to any extension of time of p~ymeot, eitFur beiwe or aher maturity, without notice to- soy of w; and to pay atl cosn of eotlection, includlnp • ~ reasonable at~qraey'a fee in ths event of any defsuft hereunde~, and !?~reby severally waives atl benefit oi homettead and exemption unde~ ths constitution ? and laws of eath Stata of rhe United States, as against this oblipation o? a~y extension or r I~,er f~ ` W~Y1+~3 ~ONSTRt~TION COUQ'ANY ~th'e~s~ths,~nid- and sesl of each party. ,.O• ~ ~ BY : S~, waTna tr.. S~nQ~; .Is.~ PrQSidWft J ' ~ ' ' ~ ~AU Co~ i~t~FSaa~.`~tfixed ~ ATTBST: S/ Petricia A. Sines. Secret~raa~ - • "3~r _ . _ Treasur~ i t t~'` 2 Sate Reverwe ~d ~ ' ' 26 100 00 .I~dYlf,-~NER~Ogl, the MORTGAGOR fw the purpose of securiny p~yment of said wm of ; • • , and the perfortnar+ce of th~ covw?anri aAd.~prrAie~rt{ lteieinafter expressed, u~d for d~ven 9ood and valwbls cauideraYwns, by tl+ese preients, does grant, bar9~in, sell. rem~se, ' releast, convty ~nd ~fi~pi unro the AhORiGAGEE, iri s~ccessws and aui~ns, all that censin {ot, pieu or puosl of Isnd, situaa, lyirg, and beinp in ths County of S'~ • L~ ie , ud Stat~ of Florida, d~acribsd q fo~lows: Lot 30, Block 245, PORT ST. Lt~IB SSCTION 6, as per plat thezeof on tile in Plat Book 12, Pages 36, 36A, 36B, 36C, and 36D, Public Records of St. Lucie County, Rlorida, t ~ ~ ~ _ , ~t ak ~rl, ; O pt~`~' ~Q~ ~ ~ sTa E a~ ~~o R, c~ A i ,~E~~ o~ ,y~ - : 04CUMENIARY, STAMP TA X ~ G~e~.~- P~S ; ~ ~ PT. OF REYEM!!E !f , ~ + ~~E,O C \oS R ~~~Q4~~~ v~+~E- ~C ~ ~ ' ~CE c~,C~`A s~~ ~ - ~ r.s. = ,~;,aZYJS : • - 3~ 9. t ~ ~ ~ o~' to ~ ~~t. o - ettC7 ~ ~RSU"` L~\~ ~ ~~~1v" ~ ~ . _ G~R ~ ~ G`R ~ ~ i f ! i a ~ ! ~ # together with sN ~nd singvlar the tenanents. Aereditamenb ~nd appurtances thereunto belagirg or in anywise appertaininp thereto, and all r~r?b, issua, proceeds ~11d PtOFitf MGUi119 and to sccrus from said premises, all of w1iKh ~re included i~ the abave aod foregoinp description ~nd hsbendwn. 4 TO HAVE AND TO HOLD the above described and granted premises vnto ths said MORTGIIGEE, its woceswn and assiqru forever. Md tF~e said E MORTGA R for their executors, administr~ton ar+d auigru, hereby cawnanb with fhe s~id MORiGAGFE, iri successors and ~ssis% ~ that ~@y are lawfull seizcd of the said ; Y premises in fee simple: that the iarn~ ~~e f~e~, clear and fiisch~rged from ~II liens and encwe? ~ i brances in I~w w in equity, a~d ths+ they W~~~ t~'1@ ~Z }~e7n shsll warrant and defend the titk to the sams to ths said ~ MORTGAGEE, ib successws and ~ui9ns, faever against th~ lawful claims and demands of +II persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the proeniuo?y note he?eenbefore described ~nd shatl huly, promptiy ~ and f~lly perfwm, discharge, execute, compktr, comply with snd abide by each and every the stipulafior?s, ~gr~ert~ents, conditiau ~nd oovenants of said prom;uory note and of tha Mortgsge, then this Mortgage and the 6tste hereby ueated shall cess~ and be null ~nd void. ~ IT IS UNDERSTOOD that ths word "Mortyagor' whether in tF» singular a plwal anywher~ in this Mortgspe, shall be sirgulu if on~ only ~nd shall be plursl jointly and severally if more than one. ~nd tf~at the wwd "the'u" ss uied anywf~ere in tha Mongape ahall bs tiken to mean "his;• „hen,'•~' or "ib;' wherever the contsxt so implies a admin. Also, thst wherever there ii a reference i~ tM cover?~nts ~nd ~greemenb herein oontainal to aMr of~ ~ ~he wrties hereto, the same shall be construed to mesn as well ss the hein, kgal represent~tivea, successors ~nd auiy~u (eithar valuntary by ~ct of tlw~ t u parfies u involuntary by operation ot the tawl oi tne sama ano inei ine t:,.riar.:s ha:e: r::e.~ ~.a!! ~!!w! z!±~! i!+! hwnefih and sdv~ntaQ~s inur~ ~ i ro the respective heus, legal ~epresentatives, succestors and su?yns of the p~nies her~to. r'7 ' Md said Mortg~gors, fw themulves snd tl?eir hein, tegal representative~, successors and suiyns, hereby jointly and ievpoly covenant ~nd apr~e ~ to snd with the s~id MORiGAGEE, its successon and suigru: • : 1. To pay all snd sirg~la~ the princigat and intaest snd the vsrious-~nd svndry sums of ma~ey payable b virtue of said : Y promiswry note, and this ~ ~ matgape, euh s~d every, promptly on the days respectively the isms severally becorrw dw. ~ r 2. To p~y sll and singular the taxa, sssessmcnn, levies, liabilities, obligations and encumbnnces of avery nahm ~nd kind now on said desvibsd ~2 = Property, or tMt hereafter may b~ imposed, suffered, pl~ted, levied, or asseased tht~eon, a tlul here~fter may be kveed or n~eaed ~poo this i= ~ sge, w the indsbtedneu setured F~ereby, each and every, when dve snd p~yabte, accadinp to law, before they become delinquent, snd befw~ aey int~e~st °C~ atlaches or any penalty is int~rred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAIt 8E PROMPTIY SAilSFIEp AND D15CHARGED OF o~ 3 RECORD AMD TFiE ORIGlNAL OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFFICIAILY ENOORSEO ~ OR CERTIFIED) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in t(+e event that sny fhereo( a naf ~ paid, sat'sfied snd discharged ss:d MORTGAGEE may at any f~me pay the same p any pirt thereof witho~t waiving w ~ffectirg ~ny option, lien, equity or ; •~pht ~nder or by virtve of this mortgage and the full smoum of esch ~nd everyr soch payment shsll be immedistely dve and payabk sed shall bear interest ; ~.om the date tlxreof until paid at rate of nine per centum per annum ~~d toyether w~th s~ch intereit thatl be secv~ed by the lien of tA:s mor~taye. . , _ . _ _ _ ~ . _ . . _ _3