HomeMy WebLinkAbout1850 - 25738p
THIS INDENTURE, N1~d~ fhe 19th ~y p{ June A.O. 19?
3„ b~twe~ ,
Charlec A Hollowa.y ~nd M El~anor l~61l~~ira~T+his wnfe
of uCle Covnry Florida, he~MinaftN d~signned ~s• th~ "MORTGAGOR,° intl fiRST fEDERAI SAVINGS AND IOAN
ASSOCIA?ION OF FORT PIERCE, a cwporation orpani~~d and ~xi~~inp under tM laws of tla Unit~d St~t~s of Am~rica ~nd havir+p ih p~incipal pl~u of
businp~ M 1M Clty of Fwt Pi~rc~. St. luci~ County. Ftwida, M~~inafter dtsip~atsd as tht ' MORTGAGEE." -
WHEREAS tM MORTGAGOR is ivsHy irxltbt~d ~o tM MORTGAGEE in ths sum of 35~ 500. ~0 • ,~ood ~nd law{uf money of the Unrted '
States ~dvanced by ths MORTGAGEE unto ths MORiGAGOR, ~s evidenced by e cenain promiuwy not~ of even date herewith, of whrch fhe followirq in ~
- words ~nd fipurss is a 1rw copy, to-wil: ?
- = 35, SOO.00 r,~,] lOnOln6 !
, . ~ PKKM. F~~,~ June 19, 1973
For vatw ?ece+ved, 1, we w eilher of us, promise to pay, without defalcation, to the order of FIRST FEDEQAI SAVINGS ANO IOAN ASSOCIATION OF ~
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FORi PIERCE st Fort Pierce, Fbrida, the sum of s 35~ SOO . ,~,,;th interest from date at the rate of 96 per annum, in monthly install- ~
~ mants as follows: s 297 o~ the 2Ot `tlay of July , 14 73 and a liks sum on tFa carespond~np day of each month the?r ~
after until the whole be fully paid.
~ Each irotallment firit shall bs apptied in payment of the i~teresl and the~ on the unpaid b~l~ncs of the principil wm. If dafsult is msde In ths
payment of any in~tallment when due, and wth def~uh tontinues 30 days, then st the optiw~ of tFN holder, and without ~ny othet notice, aU the ~embininy
' ~nstallments sFal) be due and payabb it once. Privikps is yiven to prapay this note in whote w in parf at ~ny time witiwut penalty. N~ithN fwlbN~~snts, ~
- nor acceptance by the holder tAereof afta any defauh in any payments hereon, shall be deer»ed extrnsion. A lata psymenl charge of : 14 . 8; fh~ll be
- added to rach installment rem~iniog unpaid 7 day~ ~ftei its due date, and a Iike ium shall be sdded to each such imtallme~t remaining unpaid 7 d+ys after
~ eacf~ sucteeding payment date.
Esch maker, surety and endwser hereof, joinHy snd severdly, waives demand, prese~tment protest a~d notice of prweat for nonpayment, and fvrther
`a agree~ ro aoy extension of time of psyment, either before w after maturity, without nofice to any of us; and to pay all cosri of collepan, includ'mp a
reasonable sttor~ey i fee in the event oF any detavlt hercunder, snd hereby uverelly waives all benefit of homestead and extmption under fhe tonstitufiaf
and laws of each State of the United States, as against this obliyation a any extension or rerlewal he~eof, ;
Witness the hand and seal of e~ach party. ~
S/ Charles A. Holloway ~U
cs~?u
S/ bf. Eleanor fiollo~vay ~
ts~?U
~5~ . ?S ~ s~ate Revenue
NOW, THEREFORE, the MORTGAGOR for th~ purpose of ae~vring p~yment of said sum-of 3 3S~ 5~~ . , and the perlormance of ths
covenants and sg~eements hereinafter expreued, and iw divtn qood ar~d vatwbk tonside~ations, by theae presents, does grant, bsr~ain, sell, remiu,
release, convey and confirm ~nto fhe 1NORTGAGEE, iri succeuors and assig~s, all that certain bf, pieoe or parcel of I~nd. sitvste, lyirg, and bsing in 1M
~~~y $t . L.L1C1 e and State of Plorida, dewibed n follows:
Lot 20, Block 2Z, FORT PIERCE BF1~CN SUBDIVISION, as per Plat thereof on file ~
in Plat Book a, Page 29, accordin~ to t.he Public Reco~ds of St. Lucie County, ~
.
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- ~l~rida,
f
57
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~ = ~91 ~
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together with aII and aingular the ?enemenfs, hereditamenb and appvrtsnces thereunto belonging or in anywise sppehainirg fhereto, and ~U renb, issues, i
~ proceeds and yrofits acauirg and to scvue from said premius, all of wh'Kh are inclt+ded in the above ~nd foreyanp description ~nd habendvm. _
~ TO HAVE AND O HpID the above deuribed snd gnmed premises unto the said MORTGAGEE, its successws and euiym forewr. Md th~ iatd
: t~e2 r
~ +'ftORTGAGOR for hein, executors, admini:traton and asi~yns, txreby covena~n wirh The said AIWRTGAGEE, iti suocessais and bsip% ~
r that t~1~-'V dZP_ _ ~swfu!ly seized of the ssid premises io fee simple; tMt the same ue frae, ckar and d'acl~+ryed from all I'~ens and sncvm-
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i bronces i~ Isw o~ in equity, a~d thst t~2ey wi11 and their hein shall warrant and dafend the title to tF~e sart» to tht s+id ~
I4+lORiGAGEE, ;ts successors and aui9ns, fwever sgsinst the lawful claims and ckmands of all persan; ~
PROVIDED, AlWAYS tF?at if the MORTGAGOR sMll p~y unto the MORTGAGEE she promiisory note hereinbefore described and shall truly, promptly .
and fully perfwm, discharge, execute, complete, comply with and abide by esch and every the tlipulations, ayrremenn, tondifions and oovsnanb o( s~id ;
: p{omissory rate and of this Mortgspe, then this Mwtgage and the Estate hereby ueated shall ceasa and be null and void.
~ IT IS UNDERSTOOD th~t the wwd "Mortgsgw" whethe~ in the singular or plwal anywhere in tF~is Mwtyye, shal) be sirgufu if on~ only u~d ~
~ shsll be plwal joimly and severslly H more thse? one, and that the word "the"v" ~s used anywhere io thK Mortyape sha0 be uke~ to mesn •'f~is,•• •'h~n•• ~
or "its,° wherever the conte~et w implies a~dm;ts. Also, thst wFxrever thcre is ~ referencs in the covensn» and syreemenn herein oontained to ury of ~ ~
•F~ ;,aN.e~ !~«_t~, *1±~ same ahall be ca?strued to me~n as well ss the hein, ky~l rKxesentatives, succeswn and suipns (eitfier volunary by act of th~ ~
parties w imroiunt~ry by opention of the law) of the same and thaf ?he cavenants naein cont~ined si»f0 :4e b.:^; ~i!t e^a ~e~+±~ea 1nur~
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to the respective heirs, legd representatives, wccessors ~nd au?yns of the parties hereto.
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s And ssid Mwty~gors, for themielva_and their hein, legal ~epresentatives, succeswrs and assiyrn, hereby jointly snd ~everally coven~nt and ayree
~o and with the said MORiGAGEE, its wuessors ~nd suiyns:
: 1. To pay ~II a~d sing~tu tf+e principal and inrerest snd the varfov~ a~d sundry sums of mor?ey payabte by virtue of said promissory note, and thia
; morrpsge, each and every, prompty on the d~ys respectively tM ume sev~rally becorrw due. ~ ~
2. To pay all and sirgular tfie taxes, asscssmenn. kv'~cs, liabilif~es, obliysYrons snd ~ncumbrances of every nature ud kind now on said described oeo '3
~ property, a that hereaher m~y be impwed, wfferd, pl+ced, levied, or ~ssessed therson, a that he~eeita m~y b~ lev'isd a~ssessed ~pon this Mat~- v
= age, a fhe indebtedness iecured hercby, exh and every, when due and payible, sccording to I~w, bef«~ they become del'aquent, and befae ~ny tmerest Ot° ~
' attaches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPitY SATISFIEp AND ~ISCHARGEO OF
; RECORD ANO THE ORtGftYAI OfFIC1At DOCUINFNT (SUCH AS, FOR INSTANGE, THE TAX REGEIPI OR TME SATISFACTION PMER OFfICIAtLY ENOORSEO ~
~ OR CERTIFIED} $HALL BE PlACEO IN iHE HANDS OF SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is nw
paid, sat:sfied and diuharged sa;d N10RTGAGEE may st ~ny timt pay the same w any part ?he~eof witiwut wsiring w afiettiny ~ny option, lien, eqviry or ~
•+qht under a by virtue of this mortgage and the fult amount of each and every such paymrnt shall be immediately due anu psyabk snd shall bear intKest
~rom the date thereof u~til paid a! r~te of nine per ce~tum pcr annum and togetl~er w~th suth intereit shall be secured by the iien of th:s mw~tapt. ~
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