HomeMy WebLinkAbout2270 25~6~4 ~
THIS INOENTURE, JNad~ th. ZStb d,y of ~f'-' a.o. ~9
73 be~..~,
Atbit W All,n and Lucill• Al1~n his wif~ ~
of St• LYC f ~p~~~y F~~~ ~f~M~tN dtsiynated ii th~ "MORTGAGOR," and FIRST FEOERAI SAVIkGS AND IOAN
ASSOCIATION OF fORT VIERCE, ~ torporatioh or~u~ized and ~aistinp undet 1F+~ lawt of tM United Sut~s of Murica ind Mvinp it~ principal pl~c~ of
busin~u in li» City of fat Pi~c~, Sf. luci~ Courty. flwida. 1?a~inah~ d~siynated as ~M "MORT~I
~GfE.••
WHEREAS 1M MORTGAGOR is jwtly (~bt~d to th~ MORTGAGEE ie ihe ~urn of ~ 25 ~417V~ ~ , good +nd lawful money of the Un~ted
Stat~~ adr~nced by tM MORIGAGEE u~~o the MORTGAGOR, as ~videnced by a cert~in promiuory note of evee? date herewith, of which tM followinp In
words ~nd ttpure h a t~w copY. to-wit:
325~400.0~ ~ 10020074
Fort Di~rc~, Flwid+. .j~1i1@ 25 19
For value received, 1, we a eit}~ of ~s, promise to pay, withoW defalc+~ion, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
fpRT PIERCE ~f Fat Pie?te, Florida, the sum of = 25 ~4~~ ~ with interest (rom date at the rate of g~ ~ 96 per annum, in monihly instal6
ment~ as fottows: =197~~ on ths2~h day pf A~ust 19 73 snd • like svm on the cwresponding day oF each month there-
aft~r ~ntil the whole be fully paid.
Eath installment fir~t ihall ba apptied in payment o( the inferest ~nd then on ehe unpaid balance of the prinupsl sum. If default is made in ths
payment of any installment when due, and such default continues 3p day~, the~ st the option of the hoider, and without any other ~otice, all the ~emaininy
~~~stallments shall be dw ind payable st once. Privilegs is yiven to prep~y this note in whole or in p~?t at any time without panslty. Neither (orebearance,
nor ~cceptance by the holde~ thereof after any default in ~ny paymen~s hereon, sAaH be deemed extension, A late payment charge of S 9~85~ sh~ll bs
added to each installment remaininy uripaid 7 days after in due date, s~d a like s~m ahall be added to each tuch installment remaining unpaid 7 days after
each succeeding payment date. '
EacA maker, surery a~d endo~xr hHeof, jointly and severally, waiva demand, presentment protest and noNce af protest for ~ronpayment, and fu»her 4
agrees to any axtens~on of time of psyment, eithrr beFore or after maturity, witfiout notice to any of us; and to pay al{ costs of cotlectia?, i~cluding a ~
reasonable attorney i fee in the event of any default herevnder, ~nd hereby severally waives all benefit of homestead and exemption under the conititution ;
and (aws of each State of the United States, as against this ob~igation a any extension p ~enewal hereof.
Wirness the hand and seal af each pa~ty.
. j
(S~AU
8 e ~ @~ (SEAU
s Y~C @ ~.!!1 ~U }
~ S 38.1 O ~ State Rev~n~re ~u
Kt~~ 'w~.y.o~i~i~ri.~nl~ _
NOW, THEREfORE, the MORTGAGOR fw the purpose of securing payment of sa~d sum of f 25 ~400~ 00 ~nd the performance of tl,~ ~
covenants ~nd agreements here~nafter expresscd, and fa d~vers yood aod valuable considerateoru, by tF~ese p+ese~+ts, does granf, bargsin, sell, ~em7ae, {
release, convey and confi~m unto tha MORTGAGEE, its successors ~nd auigns, a11 that cenain lot, piece or parcel of land, situate, lying, and being in the i
~~~~y ~ j.L1C~@ and Sate of Fbrida, desvib~d as fo~lows: ;
i
. ;
Lot 15, Block 5, SURFSIDS -~IT ONB, as per plat thezeof on lile in Plat Hook
10 at Page 1~, o~ the Pnblic RecoYds o! St. Lncie Caunty~ Rlorida
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~3RtEaA
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A~ RY.~`~ 5? A M P 1 ~i ~ ;
r- pncUME ' ~ '
oz DEPI.O~Uf f. . ;
c'' - . ~ V, ' 0 ~ ;
sr Q = v~.1Z2'73 I' ` ~ ~
= e Q'_ O IN PAYMEN~ 0~ jl?~
~ t
e RECEINE~ ~N7ANGIBIf Pf~SO',`l P s' O P£
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1 Y. '
p~ ON CtA~ ER 71-134. AC7S Qf 1St~~f;?
~
P~1RS~T 10 ~sER POITRI?`UCIE 00-. fu- ~ i
CLiRK CIRCUIT COURi~ S~. +
tcgether with all and singular the tenements, hereditaments and sppurtances therevnfo belonginp a in anywise appertaininp thereto, and ~II rents, isaue~,
proceedt and protin acuuing and to sccr~e from ssid premises, all of which sre included in the sbove and fwegoing deacription and habendum.
TO HAVE AND the above descr~bed and gr~ntcd premises unto the said MpRTGAGEE, ib suaesso~s and auigro forever. And tlw said
MORTGAGOR fw {Re~ ,,~irs, executws, sdministrsrors snd assigru, hercby covenants whh the said MORTGAGEE, in succeuw~ snd ~uipro,
u
rhat ~e ~e- Iawfull u~zed of the said -
y premises in fee simple; tl~at the ssme are free, clss~ ~nd diuhs~ged from all liens and enc~m-
brarxes in taw or in equity, and that thev wilt and th@iY hein shall wa~rant and defend the titk to the sarn~ to the sak!
MORTGAGEE, its tucceuws a~d auigns, forever sgainst the lawful clsims and demands of ~II perspq; ;
PROVIDED, ALWAYS tMt if the MORTGAGOR shall p~y uMO the MORTGAGEE the promissory ~ote hereinbefwe desttibed and shall ttuly, p?omptty
and fully perform, diuha~ge, exrcute, complete, comply with ~nd abide by each and every the stipu(ations, agreements, conditions ~nd coverunts of aaid ~
p:umhsory nore and of this Morfgage, then this Mortgage and the Estate hereby aeated shall ce~se a~d be nu11 and void. i
IT IS UNOERSTOOD ti?~t the wad "Mortgagor" whrther in the s+ngular or ptural snywhere in this Mortgs~e, shell be iu?yulu if one only ~nd ~
shall be ptural jantly ~nd severally if more than o~e: and tMt the word "their" ss used ~~ywhere in th:s Mortgsge shail be t~ken to mean ,•his „hers; , ~
or "ifs,° wherere~ the context so implies w admits. Also, that wherever there is a referente in the cove~snn snd agreemenn herein tontained to sny of
The parties hereto, tFie s+me ahsll be construed to mesn as well as the hein, legal representatives, successon and suig~s (either vo{unt~ry by sct of th~
parties or i~voluntary by operation of the taw) of the s~me and that the mvenants hereirt contained shaN bind and fhe benefits and idr~ntapes inur~ ~
ro ttie respettive hews, ieg~i represenrarives, successors ~nd ~u~gns oi the panies hereto.
i
And uid Matgagors, fw themselves and their heirs, legal representativet, successors and s~~igns, hereby joimly a~d sevenlly covenaM ~nd ~ree
ro and with the said MORTGAGEE, its succcssors and suigns: ln
1. To psy dl and sinq~tu tf~s principsf and interext a~d t!x vsrious a~d su~dry swns of mw~ey pay~bte by vinue of said promissory note, ~nd this ~
mortgage, exh and every, promptly on the days respectively the same severally become due.
2. To pay ~II ~nd tingul~r ihe taxes, assessments, levies, li~bilities, oblgstans and encvmbnnca of every Mture and kind now on taid described pco •
property, or that hereaher may be imppsed, suffe?ed, placeA, tevirJ, or auessed thereoe, or that henafter may br Ievied p asutsed upon thb MatQ- d
age, a the indebtednest secured hereby, esch and every, when due and Oc°
payable, ~ccordi~p to Iaw, before ~hey become delinquem, H+d befor~ ~ny interest
artaches or s~y penalty is incv.red; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTIY SATISFIE~ AND DISCHARGED Of
RECORD ANO THE ORIGtNAL OFFICIAI DOCl1MfNT (SUCH A5, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTiON PAPER OfFIC1AllY ENDORSED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event lhat any thersof is not
paid, sat'sfied and dixharged sa:d MORTGAGEE may ~t any time pay the ~sme or ~ny p~rt tlxreof without waiving or affectirg any option,_lien, equety oi
•~pht undsr o~ by virtue of this mortgage and the full smount of e~ch and every such payment shall be immediately due a~d psyable snd ihall bear interest
~.om the date thereof until paid at rate of nine per ccntum per annum and toyerF~er with ivch interest sMll be secured by the lien of tF~:s moryta~e.
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