Loading...
HomeMy WebLinkAbout0565 . . • , 258539 THIS INDENTURE, Msd~ the 1~ t h d~y of ._Tit ~1~' , A.D. 19 7~ bstween R(;RFRT M WFRSTER 1~'n '~'.='~RC'•A ET~M. ~~1EPS I'sR, !!IS '.JTf~E of St . L.ltC1E.' Co~nty Florida, her~i~after defignated as the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSpC1AT10N OF fORT PIERCE. • corpw~tion ap+nized and exlitin~ under the laws of ths Unit~d 5~~~~s of America and Mvinp its principal pl+c~ of buuneu in tM City of fwl Pi~rce, St. l~cie County, Flwida, hNeinafter deupnat~d a~ tM "MORiGAGEE:' WHEREAS tM MORTGAGOR is jv~tly indebted fo ths MORiGAGEE in tha sum of = 1R, 3~n. n~__, and lawful mo~ey oi tho United States advarxed by the MORTGAGEE unro the MORTGAGOR, as evidenced by a certain promesswy ~wt~ ei eve~ date herewith, of w!.?ch the followinp i~ words and fi9ures ii a true copy, to-wit: ~ s 18 , 300 ..n0 ~ 11 OOnI n~ Fort Pierce, flwida. ,june 1~ ~q 73 Fw value received, 1, we w either of us, promise to pay, wilhout defa!cation, to the order of FIRST fE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, the sum of S- 1~~ 3~~• w~th ~nierest from date at the rate of per annum, in monthly ins~all- meNS af (ol!ows: 1• nC on the ~~~t }1 day of -Ju 1 V 19_? ~ and s like sum on the correspond~ng day of each month therr afrer un~il the whole be fully paid. Each installment first shatl be applied in payment of the interest and the~ o~ the unpaid balance of the principsl sum. If default ia msde i~ the • ~:ayment of a~y installment when due, and such default cominues 30 days, then al the option of the holder, and withou~ any othe~ notice, all the remaioi+~g ;~srallmenb shall be due and payable a~ once. Privilegs is given to prepay this rate in whole w in part at any t~me wi~hout penalty. Neither forebearance, nor acceptance by the hotder thereof after ~ny default in a~y payme~ts hereon, ~hall be deemed extension. A late psyment charge of ~ 7• 5S sh+~~ be addcd to each installment rcmai~ing unpaid 7 days af~e~ its due date, and a like sum shall be added to each :uch inafallment remaining unpaid 7 dayi siter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, w~ives demand, presemment protest and notice of protest for no~payment, and furthe~ agrees to any extensior+ of time of payment, either before o~ after maturity, withouf notice to any of us; and to pay all costa of tollection, includ:ng ~ ; reasonau~e attorney's fee in the event oi any default Fxreunder, and here6y severally waives all benefit of homestead and exemption under the constitution and laws of each Sfate of the United States, as against this obGgation a~ any extension or renewal hereof. Witness tlx hand and seal of each pa~ty. ' ~ } ~ ~Au 4 ~ `C~- tsenu. ' f ~ a a r e f. S 5 r ts~?U . " / (s~W 27 ~~17 ) State Reve~ve (Seamps uncelled on wiginal nole) NQW, THEREFORE, the MORTGAGOR for ths p~rpose of securing payment of said sum of S 18 and the performance of /M covenu~ts and agreements hereina(1er eapressed, and fw divers good and valuable consideratio~s, by theu presents, does grant, bar9ain, sell, remise, releax, convey and confirm unto the MORTGAGEE, in iucceuas and asi~gns, atI that ce?tain lot, piece or parcel of land, situate, (ying, and baing En ths County of St. Lucie and Sta!e of Florida, described ~s follows: ~~pa^tr:ent '_Ic.ll (103) of the Cc.iC:i'iD~.} CG.:ZCI~~:!~LZ~S : C.7~ . accc: din€ to tl:e ieclara ic n~ f Cendc~r.iriu~*, recc:aed =n Gi fic: al 'iecc rds Bc ck 2i1, pat e 6, cf the Yubiic Reccrds of ~t. I:ucie Cc.unt; , rior~c a, tc~ ~ti,er with all ap~ur- tenances t~~eretc, tc;E ~ther ~-ith an un6ivided interest in t~~e cc.mmcn eler. ents and limitao ccm*:cn ele; ents Li~erec.f, ~ i . ~ ; ~ " STATE ~F FLORID~. ~ 60 ~~~vo~~~~ ~ D~i.UMENTARY~=:.~STAMP TA>.I ~G`~~~~~ ~y~~. ~ Z ' °c~ `a pEQi. UF REY~MUf ?~a` ' ~ r I' ~ - ~ J~L ~~I~7.1 ~ ±!2:~~ ti ` ~ V t ~ER Q~•~~Q• `~y1t ~'Y ll P6. ` j?. ~n = t t 19.'. ~ ~ ,R~,~~Rl. o ~ ~ . . ~K c ~ rogether with sll and singular the tenemenu, heredifaments +nd appurtsnces therevnto belonging w in anywite +ppert~ining thereto, and sll renn, iuue~, ~ proceeds s~d profits acuuing and ?o acuue from said premises, ali of which are induded in the above and foregoing dewiption and Mbendum. TO HAVE AND TO HOLD the above dewibed and granted premius unto the said MORTGAGEE, its successws ~nd asigm forever. Md tM said ~ N'.ORTGAGOR fw hefrs, executon, administrstors and assigns, hereby covensnts with,the isid MORTGAGEE, iri auccessds and auigro, ~ rhat " lawfully xized of the said premises in fee simplr, that the ssme are free, dear and dixharged from all liern ~nd entwrr ~ b~ances in Isw w in equity, and thst t~leV W~~~ a~ thei^ heirs shall w~rrant a~d defend the title ro the s+m~ to the s~id ~ MORTGAGEE, its successors and auigns, forever sgainst the lawful claims and demands of sll penor?s; PROVIDED, ALWAYS Ihai if tF~e MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefo?e described ~nd shall truly, p?omptly ` and fully perform, d~uharge, execute, complde, comply with and sb~de by each and every the stipvlatioro, sgreements, cond~rian snd covena~n of ~aid promilswy note snd oi this Mortgsge, then this Mortgsge and the Estate hereby crested shall cesse ~nd be rwll and void. ~ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in tF~e singular w plural ~nywhere in this Mortgage, shal) be sir?gtrl~r if one only ~nd shall be plural jointly and severally if mwe than o~e, sod that ~he word "theii' as used ~nywhere i~ th~s Mwtgsge ihall be t~ken to mean "his;' "hen;' ~ or °its;' whereve~ the context w implies or admits. Also, that whercrer there is a reference in the covenants and agreemenri herein conuined to any of y rhe psrtiet hereto, the same shall be construed to mesn as well as the heirs, legsl representatives, successw~ snd assigns (either voluntary by act of tFw _ parties or invduntary by operatan of the law) of the same and that tbe covena~ts herein contairxd shall bind and the benefin and advantapet inu~~ ro the respective heirs, legal rcpresentatives, successors and ass'g~s of the p+rtip hereto. ~ And uid Mongsgors, for themselves snd their heirs, legal representatives, successors snd atsigns, hereby joimly and severally covensnl and ayree a` to snd witb the said MORTGAGEE, its successors and ~ssigns: 1. To pay all snd singular the printipal and imerest and the various and sundry wms of money psysble by virtve of s~id promissory note, snd this mortyage, each and every, promptly on the dsys respectively the aame severally becane due. ' ~ 2. To p+y all and singular the taxe~, +ssessments, levie~, liabilities, obligations •nd enc~mbrantes of every nature +nd kind now o~ said dewibed property, a that F~ereafter m~y be imposed, iufie.ed, pl~ced, levied, or assessed thereon, w tMt hereafter msy bt levied o~ aisessed upon this Mortp- ~ age, a ths i~debtedness ucured hereby, each snd eve?y, when due and payable, accwdinp to law, before they become delinquent, and befor~ any Mteres~ ~ a!raches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATt5F1ED AND OISCHARGfD OF ~ RcCORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALLY ENDORSED ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXi AFTER PAYMENT; and in the eveM that any thereof is not k-• ~ ~a~d, sst'sfied er?d dixharged sa'd MORTGAGEE may af any t~me pay the same w any p~rt thereof without waiving or affectin9 sny option, ien, eqvity w u;~ •~~ht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediattly d~e and payable and shalt bear interest ~ jrom the date thereof until psid at rate of nine per centum per annum and toge~her tFps~~~t shall ~~Vd by the lien of th:s morgtape- ~ R ~~~K k~~~f tl ~ h ~ ~ - - - - ~s : - ~ - ~~~~~~r~,__ . , ~