HomeMy WebLinkAbout0567 2585~0
THIS INDENTURE. Msd~ the 6th day of - - . A.D. 19~ belween
Kat?~~? Ratfansberger, a vidvN, ~ •
of Sti• ~1C~9 ~ounty F~orid~, hereinaiter desgnatcd as th~ "MORTGAGOR," s~d FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATfON OF FORT PIERCE, • corporation a9anized and existing u~der the taws of ths Uoited Stat~~ of Amtrica ~nd havinp iri principd plsc~ of
buiinsu in tM City of Fort P~HCe, St. lucie Couoty, Florida, hereinafta designated tM "MORiGAGEE:'
WHEREAS the MORTGAGOR is j~ntly (ndebted to 1M MORTGAGEE in the sum of i ~ood +nd lawful mo~+ey oi the Un~~ed
Sratei advanced by the MORTGAGEE unto the MORTGAGOR, as svidenced by a cenain prom~ssay note of even date herewifh, of wh~ch the followiny in
wwds and figuros is a trus copy, ?o-wit:
=16~400.00 ~.oo2a15o
Fort Pierc~. Florida. ~Z 6' ---19_~
For value reteived, 1, we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL pSAV.~I~h'CsS i~ND !AAN A`.~OCIATION OF
~ORT PIERCE at Fwt Pierce, Fbrida, the sum of s1~~QaSN w~~h inter'esqt from date at the rate oW~e~ °.~6 pe? a..~um, in n?onthly in:talb
~n~~~s as iouows: i 13T ~F~ ~~h dsy of A~uat . 19~_ and a like sum on the corre.pwid'+ng day of eacA month lhera-
after until the whole be fully paid.
Each installment tirst shall be applied in payment of the (nte~esl and then on t1~e unpaid balance of the printipai sum. If default ~s mad~ in the
payment of any inslallment when due, and such delault tontinue~ 30 days, then at the option of the holder, and without ar.y other notice, all the ~emaininy
~nsialtments shall be dve and payao!e at once. Privilege i~ given to p?cpay thia r?ote in whole or in part af any time without psnalfy. Nei~t r f~ehaar~nce,
no~ acceptance by the holdcr thereof after any default in sny payments hereon, shall be deemed exlension. A late payment chargv of shsll bs
added to each installment rema~ning v~paid 7 days after ih due date, and s like sum shall be added to each such i~stallment remaining'uripaid 7 ddys after
eath sutteeding payment date.
Esch maker, surety and endorser hereof, jointly and severally, waives demartd, prexntment protest and notice of protest iw nonpayment, and further
a9rees to any extensan of t~rne of payment, eifher betore w after maturity, without notice to any of us; and to pay all costs of collection, includ~ny a
reasonable attorney's fee in the event of any default hereunder, and hereby severally waives alI benefit of homestead and ezemption under ihe constitution
and laws of each State of the United States, as aqainst this ob{igation q any eatensio~ or renewal he~eof.
Witness the hand and seal of each party.
S/ Rathr~n Raffenaberaer, ~Au
a ~idox
(sEwu
. cs~?U
( ~~1~~ ) State Revenue
et~b~-~ee~kd~nroNg~+est~vref 16 000 00
NOW, THEREFORE, the MORTGAGOR for the purpose of ucvring payment of said sum of = ~ • ~nd the pe~formance of ths ~
covenan~s and agrecments hrreinafter expressed, snd fa d~vers 9ood end valuable considerations, by these presents, does grant, barpain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and ~uigns, all that certain lot, piece a parcel of land, situate, lying, and being in the
County of ~CiA u~d Sute o~ fbrida, dewibed ai fol{ows:
Lot 5, Block 5, ORANGE BLOSSOM SSTATES, as per plat thereof on file in Plat Boo~C llj
Page 6, of the Rtbli.c Rscords of St. Iucie Cwnty, Florida,?
F
~
f
F ~
oF FLflRIL~A ~
` ° STATE
F c= ~ 0.^~CUMFNTARI! ~ S1~iMP A X; De Q~M~~ QF 4
R~~,
~ . =ti
~ DEDT.GF REYENUE`.f s ~ O 0 ~ ~ ~QER`~~.F ~y~~,
~c ~ _ = ~:,t~C'7's~, ~ : ~ ~50
~ ~ ~ - - s- ~ \N 1
_ -'P~~~Z . ~tE.~~~tl~ ~ ~,~R~VJ~~E ~
~ ~ . ~~~t~~~S;st~~
~ Q~~ ~ Ot
~ ~ ~
~
~ together with all snd singular the tenements, hercd~taments snd sppurtances tFxrevnto belagirg w in snywise sppert~ining thereto, and aU rents, iuues,
~ p.«eeds snd profits accruing and ro accrue from said premixs, all of which are included in the sbove and foregoing dewipfion and Mbendum.
~ TO HAVE AND TO HOLD the above desuibed and grented premises uMO the said MORTGAGEE, iri stxtessors snd auigns fwever. And tM s~id
~ MORTGA R for ~e~---- heus, executas, sdministrators and assigns, hcreby covenann with the siid MORTGAGEE, iri wctesson +nd ~siipro,
rhnr ----e lawfully sei:ed of the said premius in fee simple; that the same are free, ckar ~nd diuharged from ~II liero and encum~
~ brances in law w in equity, snd that S21e will and her heirs sha11 w+rrant and defend the title to the same to fhe said
MORTGAGEE, irs suctessors and assigns, fwever against the (awful claims ~nd demsnds of all peraons;
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tlx promissory note hereinbefore desuibed ~nd sMll truly, p~omptly
and fully periorm, d~xharge, execute, compkte, comply with and abide by each and every the ttipulations, agreements, conditions and covenanb of said
: promisso?y note and of this Mortgage, then this Mortgage and 1Fx Estate hereby aeated slull cease ~nd be null and void.
~ IT IS UNDERSTOOD tha~ the word "Mortgagor" whether in the singular or plural anywhere in this Mwtgage, shsll be singular if one only ~nd
~ shall be plursl joimly snd uverally if more than one. snd that the wwd "their° ~s used anywbere in this Mortg~ge shall be taken to mean "hi~ ••hea
or "its;' wherever the context w implies w admits. Also, that wherever the?e is s reference in the covenann and sg?eements herein contained to +ny of
~he parties hereto, the same shall be construed to mean as well as the heirs, legal rsprexntstive~, successors and auigni (eithet voluntary by act of the
sy parties or involuntary by operatan of the taw) o( the same and that the covenants herein contained shall bind and tFx benefiti and advaMSgd inurt
~ ~o the respective heiri, legal representatives, successws and au~gns of the psrties hereto.
r~
And said Mortgagors, fa themselves and thei? heirs, legal representatives, succeuors snd suiges, hereby jointly ~nd severally tovenant and ~yree
fo and with the said MORTGAGEE, iti succeisors and assg~s:
y payable by virtve of ssid
'r~~-'. 1. To pay all and singulsr the principal and interest and ihe vsrious and sundry sums of max promissory note, and this
mortgage, exh snd every, promptly o~ the d~ys respectively the same severally become due.
~ 2. To psy all end ~inpvlsr the taxes, assesunentt, levies, lisbilities, obligations and sncvmb~ances of every nature and kind now on s+id described
property, ot th~t hereafter may be imposed, sutfered, pl~ced, levied, w assessed thereon, or th~t heresfter may be levied w auessed vpon fhis Mortp-
age, w the indebtedness secvred hereby, esch snd every, when due +nd psyable, xcordinp to law, befae tixy become delinqueM, ~nd before ~ny iMerest
p anaches w any penshy is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROJNPTLY $ATISFIEO AND DISCHARGED OF
y~Y RECORD AND THE ORIGINAI OFfICIAI DOCUMENI (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSFD
~ OR CERTIFIED) SHALt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHtN TEN OAYS NEXT AfTER PAYMENT; ~nd in the cveM that any thereof is not
~ pa:d, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same or any pan thereof without waiving or affecting any option, lien, equ+ty w
~~qht u~der w by virtue of this mo•tgage and the futl amovnt of each and every such payment shall be immediately due and payable and shall bear inte~est
irom the d~te thereof until paid at rate of nfne per centum per annum and together ~t s nt rest shall be secvred by the lien o~ th:• morptsQe.
~ .
~
~
X s~~~~ ~~~E 5b7
s'£
y - x:1
~ '
p~ S ~
°~'~~~G~','~~:~, , .a... . _ _..s-~r..a ,_~~.,.~.-.^C~