HomeMy WebLinkAbout2723 25~968
TNIS INOENTURE, Mad~ the 26th day of `June A.D. 19~., between
Diane D. waters, a widow ~
of _ St.LUCl@ , County florid~, hereina(ter desgnarcd as the "MORTGAGOk," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATlON Of FORi PIERCE, • ccrpaation oryanized and ex~siing under the laws of the Un~ted SufQS of America and havinp iti principal place of
bu~inea in IM City ol Fwt Pitrce, St. lvcie County, florida, hereinafte~ detignated as the "MORTGAGEE:'
WMEREAS tM MORTGAGOR ~s justly indebted to the MORTGAGEE in the sum of = 7~~~•O0 , good and lewful rrwney of the Un?~ed
Statet advarxed by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certa~n promissory note of even da~e herewith, of wh~ch the following in
worda and figures ~s a trw copy, towit:
~ 7 ~ 000 • 1~02008~
Fon Pieres, FlaJds, ~une. 26, 19 73
fw value received, 1, we a either of us, promise to pay, without defa!ca~ion, lo the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE af fort Pierce, fbrida, thc sum of j 7•~~! ~ w~th interesl from date at lhe rate o!' • 0 ro per annum, in monthly install-
rnenes a~ fo!lows: S 8S on ~he 2Oth day of AuC~uSt _ ~q_ 73 and a like sum w? the correspand~ng day of each month there-
afrer until the whole be iully paid.
Each ins~aliment first shall be applied in payment of 1he inlerest and thon on the unpaid befanct of rhe princ+paf sum. If default is made in the
payme~f of any insta~lment when due, and such default continues 30 days, the~ at the optio~ of the holder, and without any other rwtece, all the remaining .
~ns~allments shall be due and payable at once. Privilege is given to prepay thia note in whole w in part at sny time wilhout penatty. Neither farebearance,
nor acceptance by tFx~ hold~r thereof after any default in any payments he~eon, shall be deemed extension. A iate paymenf charge of = 4' 25 ~ shall be
added ~o each initatlme~t remaining u~pa~d 7 days after its due date, and a like sum shall Ix added to each such inataltment remaining unpaid ~ days a(ter
each tutceeding payment date.
Each maker, surety and endorser hereof, jointly and severally, wsives dema~d, presentment protest artd notice o( protest fw ~onpayment, and furthei
agreea to any extension of ti~ne of payment, either brlore or afte~ maturity, without notice to any of us; and to pay all casts of coNection, inclvd~ng a
re~sonable attorney's iee in the event of any defautt hereunder, and hereby severally waives all benefit of homestead and exemption under the constitutan
a~td laws of each State of the United States, as against this obfigation w any extension or renewa! hereof.
Witness ~he hand and seal of each party.
~ (SEAI)
S D].BAe D. Waters, a w1dOM ~EAI)
(SEAL)
$2O' ~ ~ State Revenue «AU
(5lemprcrncdkd-~rr-e~iginal y+e1e)
NOiN, THEREFORE, the MORTGAGOR fw the purpose of set~ring payment of said sum of = 7~~0~00 and the performsnce of the
covenants and agreements hereinafter eYpressed, and fw divers good and valuabte cons~derations, by these presenrs, does granl, ba?gain, sett, remise,
retease, convey and confirm unto the MORTGAGEE, its tuccessors and assigns, alt that certain lot, piete w parcel of land, situate, lying, and being in the
County of St •~C~e and State of Flor7d~ dew~bed follows:
That pa rt of the West 80 feet o the East 6$O feet of the South ~ of Outlot 7
and the North ~ of Outlot 8 according to a Plat of White City, as recorded in
Plat Book 1, page 21, of pnblic records of St. Lucie County, Florida, said lots
lying and being in the East ~ of the Southeast 4 of Section 4, ?ownship 36 South
Range ~O East, which lies North of the following described line: ~
Cocamencing at the Southeast corner of the above described land, and on West right
of way of Oleander Avenue, run thence North a long the West right of rvay of Oleander
Avenue a distance of 131.25 feet for the point of beginning; run thence West at
90 degree angle ~vith right of way of Oleander Avenue, and pa ra21e1 with the South
boundary of the above described 2and 910 feet; zun thence Southwesterly to a p~int
~vhich.is 20 feet North of the Sonth boundary of said land and 1060 feet West of
the East boundary of said land; continue West parall~l. with and at a distance of
20 feet from the South boundary of the above described land to the East right of v?ay
of Citrus Avenue.
~
~ p~, STATE o~ F L O R! D~ ~ IN PA'IM~ ~ 1~
; DOCUMENTARY,.;~ STL.M P T l~ J~' ! R~ ~
g~g1f PE1t90N~U- g~~n'
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= rogether with all and singular the tenements, hereditaments a~d sppurtances thtrevnto belonging or in anywise appertsining thereto, and all rents, iss~e~,
~ proceeds and p~of~ts accruing and to accrue from said premises, all of which are included in the above snd foregoing description and habendum.
t TO HAVE AND TO HOID the above destribed a~d granted premises u~to the said MORTGAGEE, its suctessors and augns forever. And ths said
4 MORTGAGOR for her he+rs, executora, administrators and a~signs, hereby covenants with the said MORTGAGEE, its succeuon and saigns,
€ that -S~le_15 ~awfully xized of the said prem~ses in fee simple; that tFx same are free, ctear ~nd dixharged irom aH liens and sncurtr
brances in law or in equity, and that She will ar~d her heirs shall warranf and defend the title to the ssme to the aaid
MORTGAGEE, its successors and assigns, foreve~ against rhe lawful claims and demsnds of all persons;
PROVIDED, AlWAYS thaf if the MORTGAGOR shall pay unto the MORTGAGEE she promissory note hereinbefore described and shall truly, promptly
and fully perform, dixharge, execute, complete, tomply with and abide by each and eve~y the stipulations, ag~eemenfs, tonditions and covenants of uid
~ promissoryr note and of this Mortgage, then this Mwtgage and the Estare hercby crested shall cesse and be null and void.
ti IS UNQERSTOOD that the wwd "AAo~tgagor" wbether in the singular w plural anywhere in this Mortgage, shall be singular if one only and
n shall be plural jointly and severally if more than one, and that the wwd "theii' as used anywhere in this Mortgsge shall be take~ to mean "his;' "heri"
or "its;' wherever the context to implies or admits. Atso, that whe~ever there is a reference in tF~e tovenants and agreementi herein contained to any of
- rhr parties heretb, the same shall be construed to mean as well as the heirs, legal represenqtives, successws and assigns (either voluntary by act of the
parties or involvnta?y by operation of the law) of ~F?e same and that the covenants herein co~f~incd shall bind and the benef;t~ and advantages inure
_ so the respective heirs, teqal represearatives, successors and ass%gns of the parties hereto.
a
- And said Mwtgagors, for themxlves and thei? heirs, legal representatives, successors and essigns, hereby jointly and uverally covenant and agree
~ to and with the said MORTGAGEE, its succeaswt and assigos:
; 1. To pay ~II and singular the principal and interest and the various and sundry sums of money psyabls by virrue of said promissory note, ~nd this
= mortgsge, each and every, p~omptly on the dsys respectivety the same severally become dve.
i
- 2. To pay all and singular the taxes, assessments, levies, li+bilit7es, obligationt and encumbrsnces of every nature and kind now on said deuribed
property, q th~~ hereafter may be imposed, suffered, ptated, levied, w assessed thereon, a that Feresfter may be levied or atutsed vpa? thia Mort9-
age, w the indebtedness secured f?ereby, tach and evt?y, when dve ind payable, ~ccording to law, before they become delinqutM, and before any interest
; atraches w any penalty is incurred; AND INSOfAR AS ANY iHEREOF IS OF RKORU TME SAME SHAII BE PROMPTIY SATISf1ED AND DISCHARGEO OF
~ RECORD AND THE ORIGIHAL OFFICIAI OOCUMENT (SUCH A5, fOR INSTANCE, T1fE 7AX RECEIPT OR 1HE SATISFACTION PAPER OFFICIALiY ENDORSEO
OR CERilfIED) SHAII BE PLACED IN THE HANOS OF SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN?; ~nd in the event that any thereof is not
- Na~d, saYSfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any pan thereof without waivi~g w affecting eny optiort, lien, equity or
` •~qht u~der w by virtue of this mortqage and rhe ful! amovnt of each and every such payme~t shall be immediately due a~d payable and shall besr inferest
;
~.om the date thereof until paid at rate of n~ne per centum per annum and together with such intereft shall be secured by the lien of th:s morgtage.
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