HomeMy WebLinkAbout2324 25'~'Q6
THIS INDENTURE. Mad~ tAs Zbt~ day of `1~! A.D. 19
~3 b~tw~an
Charles L. Sidea and Ranoaa w. Sides, bis w•
of St~ L~CiQ ~~~y f~;~, M~~inahM d~sign~ted as tM "MORTGAGOR;' and FIRST fEDfRAI SAVINGS AND IOAN
ASSpC1AT10N OF FORT PIERCE, ~ corpaation orpa~ized ~nd exisri~p undK tM laws of tM United Statas of /1m~rica u+d h~vinp iri principal piac~ of
twsineu h tM City of Fwt Piac~, St. tuci~ Cou~ty~ flori~a. Mr~inatrK dliipnat~ tM "MOR~GAGEE."
WHEREAS ths MORTGAGOR n jwrly tnd•br.d ro ~M AAOIt1GAGEE Fn ~hs swn ot t 23 good ~nd lawful money of the Un~ted
Statei advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of even da~e herewith, of wh~ch ths followinp i~
wcuds and figurq is a trw copy, towit: ~ 1~~~91
~3 000~ 00
Fort Pierc~. Flo?ida. •~t01• Z6 19
For value ?cccived, 1, we or either of us, promix to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fort R:rce, Fbrida, the sum of = 23~~~~~ with inte~ett from date at the rate of7~7596 per annum, in monthly instalt-
Menrs a~ tol:ows::189~~~" on the Z~h day of ~CtO~= 1973 and s like sum on the cwrespondirg day of eacA month there-
afrer until the whote be fully paid.
Each ~nstat4neM fint shall be applied in p~ymcnt of the i~terest and then on the unpaid babnte of the prirx;psl sum. If defa~lt is made in ths
payment of any ins~allmant when due, and wch default co~tinues 30 days, then st the option of the holder, and without any other r?otice, all the remaining
~nstallmcnts sMll be due and payable at once. P~ivile9e is ~iven fo prepay this note in wholt or in part at sny time without penalty. Neither forebeprance,
nor acceptance by the holder thereof after ~ny default in any payments hereon, shall be deemed ex~e~sion. A late ~Y~~? ~,$e of s~-9•45 ~
added to each installment remaining unpaid 7 days afta its dw dale, aed a like wm shall be added to each such installment remaininq unpaid 7 days affe~
each tutteeding paymenf date. •
E~ch maker, surety and endorur hereof, jointty and seve~alty, waives demand, preuntment protest and notice of protest fw nonpayment, and further
ag~ees to any extension of tirne of payment, either betore w after maturity, without notice to any of us; and to pay al! costs of collectioe, includ~rg ~
reasonaole attaney's fee ~n the evenl oF any default hereunder, ar+d he~eby severally waives all bc~efit of homestead and excmption under the constifution
and laws of each State of the United States, as against this obli9arion p any ex ~ension a renewal I~ereof.
Witnes~ the hand and seal of exh party.
a ar2es . S des
cs~?u
(SEI+U '
s anona W. S des ~ ~
i ~ State Reverwe i
(9~MR1~/"A!Rl11l~ OITEIf~f11s1~~) . ~
NOW, THEREfORE, the MORTGAGOR tor the purpose of seturing payment of said wm of =23 s~0~ ~ ~nd the periwmance of ths
covenants and agreemenrs t?ereinafter expreued, and fw divers good and valvable considerations, by thess presenri, does grant, barqain, sell, remise,
reiease, convey and co~firm unto fhe MORTCaAGEE, ib successors ~nd ~uigns, ell 11»t ce~tain lot, pieu or putel of land, tituate, lying, and beug in ths
Counry of $t• LLCi@ ~nd Sat~ of Florida, deavibed as fol~ows:
Tbe Bast 9'l.23 ~eet of the West 122.23 feet of the South ~ of the South 210 feet :
of tbe North 3~5 feet of Lot 223 of SHBBN~S MAP OF WHI?B CITY (said Lot 223 of White =
City being o~iherwiae described as the Soutbwest of the Soutbeast ~ aE the ~uthea?st ;
~ Section 9, Townsbip 36 Sonth~ Range 40 Bast); the tzact hereby conv~yed being ;
otherwise de~cribsd as Lot 26 of Biock~ 2 of BROUl~TIOGA SUBDIVISION~ a subdivision af ~
Lots 222 and 223 of WHI2B CITl?~ as per SH68N'S MAP~ an nnrecorded Plat. .
o~
~ ~p PAYMENT Of TRXf~
~ S TAT ~~F F LC1 R i D A~ . lN~~~~g~E PERSO~~~t ~FO?ERIi„
' DOCUMENTARY SjAM P I A a. ~ ~ pN jER 11-134. A~IS OF 1y11.
~'z '
°c ~ C~EPi. OF RfYENVE f ~ ~ ` ~`i , ~R~~yT t0 ~EQ pp11RA~ ,f ~ ~
_ - ,;~~Iy7'73 ~ ~ ~ V ~ C`~~j ~pURt. St. '
p9_ ^ ~ ~ ! ~RK ~ ~ ~j
o ~ ~t~~2` ~/~j/(lTi
rogether with sll snd singular the tenement:, hereditaments and appurfantes thereuMO belaging a in anywise ~ppertai~irg therato, and sll renb, issues.
proCCedf snd profits accruing snd to scaue from said premises, sll of whid~ are included in the above and foregoirg description snd h~bendum.
TO HAVE AND TO HO~D t~ie above dewibed snd ynnted premises unto the said MORTGAGEE, its succesiws and ~uipns forever. And th~ ~aid
the3.r
MORTGAGOR iw - heirs, executon, edminia~ratws and sssgns, hercby covensnn with the s~id NWRTGAGEE, its tucceuws s~d auiy~p,
Tdfey are
rhat Iswfully seized of the said prcmises in fee simpte; that tM sama ~re fr~e, clear and discharged from d! liera and encunr
t.ances in law w in cquity, and that~e~ w;ll snd thpil' heirs shall warraot and defend the title to ths s+me to the said
MORTGAGEE, its successors and augns, forever sgsinst the lawful claims and demsnds of all persom;
PROVIDEO, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefwe desuibed ar+d shall truly, promptly
ard fully periwm, diacharge, exccute, complete, comply with and ab~de by exh and every the stipubtions, agreements, conditions and tovenanri of said
promissory note and of this Nbrtgage, then this Mortgage and the Estate hereby ueated shall cease and ba null ~od void,
IT IS UNDERSTOOp tMt the word "Mwtga9w" whether in the singular d plwal ~nywhe~e i~ this Matg~ge, shsll be sinpulsr if aro only and
shall be plural joinfly and severally if rrrae then one, snd that the wud "the~r" ~s used ~nywfxre in this Mwtgage iMll be taken ta me+n „his,•••'hers•,
o~ "its;' wherever the contex? so implies w admits. Also, thst wherever there is s reference in tht cove~anb ~~d ~greert~enb herein contsined to ~ny of
fhe parties herdo, the same shall be construed to me~a as well as the hein, kgil rsp~esentatives, svcceuws ~nd suigns (eithet volumary by act of th~
parties a invofumsry by operation of the Isw) o~ the same snd thar fhe covenants here+~ co~tained shaN bind ,nd r!» benef;n •nd .dvant•pes 1nur.
to the respective heirs, legal representatives, :uccessors and ass°yns of the psrties hereto.
And ssid Mortgsgors, for themselves and thei~ heirs, Iegal representstives, svcceuors and assiyns, hereby joi~tty and severally cwenant ~nd ~yree
ro and with tF~e said MORTGAGEE, its auccessors and ~uig~s:
1. To pay atl ~nd sinpuler the princip~l and interest and the variovs and sundry sums of money payable by vi»ue o! said promissory note, and this
mortgaye, each and every, prompNy on the days respectively the ssme severaliy become d~e.
2. To pay all ~nd singular the taxes, isseumenn, kvies, lisbilities, obligatiau snd encumbrsnces of every n~ture and kind nwi o~ said dacribed
property, or that hereafter may be imposed, suffered, pl~ced, levied, a auessed tkereon, or ih~t hereaFter may ba kviad ot ussiaed upon fhu JNonp.
age, w ti~e indebtedneu secured hereby each ~nd every, when dve and payable, sccordinp ro law, before they become delinquent, ~nd befor~ sery inte~est
attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS_OF RKORD THE SAME SMAII 8E PROMPTLY SATISf1EQ AND OISCHARG£0 OF
RECORD AMD iHE ORlGINA1 OFFtCfAt OOCUMfNT (SUCH AS, FflR SNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHALL BE PLACEO IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst sny thereof is not
pa~d, sar'sfied a~d discharged sa:d MORiGAGEE may at any time pay the ssme w+ny part thereof without waiviny or afleding any option, lien, equity or
•~qht under or by virtue of this mortgage and ~he full amount o( each and every such paymeM shall be immediately due +nd paysble ~r?d shall bea~ i~t~rest
~•om the date thereof until paid at rate oi nine per centum per an~um ~~d toget~er w~t s=nterest II be ~red by the lien of th:s mw9bqe.
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