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HomeMy WebLinkAbout2176 259636 ~ THIS INDENTURF. Mad~ the Z~Lh dsy of July . A.O. 1913~ batween . . . G~rr~$.,~ Sines ~nd V rQini~ S_ gj,~s„~,_~s rrif~ ' of St _ LuC ~e . County Fbrida, heniMftN de~ignated as fM "MORTGAGOR," snd FIRST FEDERAL SAVINGS AND IOAN AS$pC1qTION OF FORT PIERCE, a corpora~ia? wp~nised and existinp unde~ ths lawt of tM U~~ted Sat~s of Am~rica and Mvinp F» princip~l pi+c~ of businns In tM City of fwt Aitrc~, St. lvtts Cou??ry, Florida, hercin~fttr desiynated ~s tht "MORTGAGEE." ~ WNEREAS tM MORTGAGOR is jwtly ind~b~~d w.tM MORTGAGEE i~ ths ~um of = 17,._l,~~•~~ pood and lawful ma+ey of the Un~1ed States advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a cer?ain promiuay note of even d~ts hstewith, of which the foUowinp in wwds and /iguret it ~ trw copY. fo~wif: ' = 17 ~,800 _ O~ No.__~:~ 1 Ju~,y 20 i9~',3. ~ Fort Piace, Fiaida, ! Fw value received, 1, we o~ eieher of us, promise fo pay, without defalcattw+, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATfOl~ OF FORT PIERCE at fwt Pierce, Florida, the sum of s 17~8~.~~ w;th interest from date at the rate of .~~G per snnum, in manfhly inltalJ. ments as foltows: s 1'~7 •0O on the ~thday of November ~ ~9 73 and • like sum on the cwrespo~dinp day of each month 1Fxre- aiter until the whole be fulty paid. Fxh installment first ahall be applied in payment of the interest and the~ on the unpaid balsnce of the pri~cipsl sum. If default is made in the paymen~ of any imtallment when due, and such defauit cominues 30 days, then at the option of the holder, and without any otha notice, all the rcmaininp ~nstaltmenh shati be due and payable at o~ca. Privilege is given to prepay this note in whob w in p~?t at any time without pe~alty. NeithK forebearante, nor atteptance by the hold~r thereof afler any default in any payments hereon, shall be deemed extension. A late payment charge of ; 7~ 35 , shsll be added to each ins~aflment remaini~g vnpa~d 7 dey~ after its dve date, ~~d a like sum shall be addrd to each such insta(Iment remaining unpaid 7 dsyn after eath sutceeding payment date. ~ Esth maker, surety and endorse~ hereof, jantly and severelly, waives dert+and, p+esentment proteat arxf notice of proteat fw no~payment, and furthe? agrees to any extension of time of payment, e~ther before w after maiurity, withou~ ~otice to any of us; and to pay all costs of collection, irxluding a reasonable attorney's fee in the event of any defautt hereunder, and hereby severaUy waivcs all benefit of homestead and exe.nptio~ under the constitutio~ and lawa of each State of the United States, as aga~nsf this obligatioe~ w any extension or rcnewal hereof. Witness Ihe hand and seal of each party. s/ Garry E. Sines ~y cs~Au cs~?u S 26.70 s/ Virginia S. Sines ~ c ~ s~ate a~„~ t~~ D~~d ~ ~'.:+IDQt NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of seid sum of f 17 +nd ths perfwmance of th~ covenants artd agrecments hereinafter expressed, and fo~ divcrs good and valuible considerations, by theie preunts, does granL bargain, sell, remi~e, retease, convey and confirm unto the MORTGAGEE, iri successors and ~ui9ns, sll that cafeie bt, piece or parcet of land, situate, lying, and beir~y in fhe County of St . Lue ie and Suts of F(wida, dewibed as fotlo~wt: Lot 16, Block 165, UVIT NO. 12, 1.Ai~WOOD PARK SiBDIVISION, as per plat thezeof on f ile in Plat Book 11, Pages 26A and 26B, of the Public Records of St. I.acie County, FloYida, STATE oF FL~]]RlDA ~ cy ~ DOCUMENTARY ~..-.~o~~ AMP il~.X ~ N DEPT. OF REYEIYf/E li' ~ ~ _ _ ' P.. _ ~~:~~•~3 2 6. 7 0 ~ ~I = n w2 ( . ~ fy~ f~'G iH PA~'t~E~T r~i ,i`~;~' RECElVfi3 a ~ •r, • ~ pj~ ^,~,5'~' INTAhGIBLf 7E .SC:: - ' ~ ~ ~f ?URSU~'~i i0 CHAPIER 71-134. ~:1 ~ ~5 ~ ' - - l ~~R POITRA:: (~.ER:t ~~i?t~l1~1 sJ311AS, Si. 111~:tE (~0~ }7~ togeiher with sll snd singular the tenements, hereditsmenri a~d appurtar?ces thereuMo belonging a in anywise sppertaininp thereto, ar?d al) renri, issues, procecds and profin accrui~g and to xvue from uid premises, all of which sre intluded in the ~bove snd foreyoinp dewiption and hsbendum. ~ TO HAVE ANQ TO HOLD the sbove described and gr~nted premise: unro the said MORTGAGEE, i» successors and usigns for~v~r. Md th~ said MORTGAGOR for t-~lr---- heirs, executon, administrators and auigns, hcreby covenanb with fhe said MORTGAGEE, ib succeuws ~nd assipro, that - theX-ar-~- tawfuNy se~zed of the said premisei in fee simple; th~t the ssme ~re free, clear ~nd d'~scMrged from ~II 1'~en~ ~rd encuro- brances in law or in cquity, and thst t~e„}L_ will ard tt~ir hein shall w~rr~nt snd defend tM title to the sams to the ssW MORTGAGEE, its successors and assigns, forever against the lawful claims and demards of all persons; PROVIDED, ALWAYS that if the MORTCAGOR sh~ll p~y unto the MORTGAGEE tFx pomissory note hereinbefare described and ahall tnily, promptly ' and f~lly periorm, dixharge, cxecute, complete, comply witb and abide by esch snd every the stipulaYwna, sgreements, conditions and coven~nri of ssid promissory rate ~nd of this Mongsge, then this Mortgage and the Estate hercby aeated shall tesse and be nuU ~nd wid. ~ IT IS UNDERSTOOO that the word "Mortgyor" whethe~ in the singular w pl~ral anywhere irt this Mortysge, shall be sirgulu if one only ~nd ~ I shall be plural jointty and sever~Hy if more than one, and that the wad "their" as used mywhere in this Martgsge shall 6e taken to me~n "his;' "hers," i ' or "its," wherever the context w implies or admiti. Also, that wFxreve~ there is a reference in the tovenants and ~preer~knri herein contained fo ~ny of ? ; the parties hereto, the same shall be construed to mean as welt ss the heirs, kgal rrpresent~fives, succesta~ a»d assiy~u (either voluntary by acf of fh~ ~ Fartie~ or invdu+~tuy by operation of the law) of the same and that the covenants hcrein contained sh~ll bind and the benefits and advam~pa inur~ to the respective heirs, legal representatives, successors and su~yns of the p~rties hereto. v Md said Mafgagors, fw themselves and their heiri, legal represent~tives, succeuws and saigns, hereby jointly and severslly covenanl snd pne ~ ro snd wirh the said MORTGAGEE, its successors and auigns: 1. To psy sU and singulsr the princip~l ~nd ioterest and the vsrious and sundry sums of money payable by virtue of said promissory note, and this ~ mwtg~ge, each a~d every, promptly on the dsys respectively the same sever~lly becant due. 2. To pay all ~nd sir+gvl+r the t~xes, assessmenti, leviet, liabilities, obligstions and entumbrsnces of every narure ~nd kind now on aaid dexrii»d y~ property, or thar hereafter may be imposed, wffered, plsced, fevied, w ~ssessed thereon, w tMt heresftet may be levied w ~ssested upon this Mort9- o~o 0 age, or t}~e indebtedrxu secured hereby, e~ch and every, when due snd pay~bk, xcordiny to law, before they become delinquent, and befwe sey inrtr~st p~ a+raches a any penalty is incurred; AND INSOFAR AS ANY TH~REOf IS OF RKORD THE SAME SHALL 8E PROMPTLY SATISFIED AND DISCHARGE~ OF ` RECORO AND THE ORIGINfAI OFfIC1Al DOCUMENT (SUCH AS, FOR 1NSTANCE, THE TAX REC~IPT-f)R--THE SATfSFACTION PAPER OFfIC1AllY ENpORSEO OR CERTtFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHfN TEN DAYS NEXT AfTER PAYMENt; and in the eve~t tiut iny ~thereof is nw pa~d, ser"sfied and diuha~ged sa:d MORTGAGEE may at any time pay the same o~ any p~rt tFx?eof withoot waiving w affecting any option, lien, equity or ~~pht ~nder w by virtue of this mo.tgage and the full amount of esch and evdy iuch payrtxnt shall be immediately due and pay~bte and shalt bear interest ~•om the date thereof until paid at rate of nine per crnrum per artnum and toyether w'~fh such intere~t ~hall be secured by the lien of th:s morytiye. _ a~ _ ~ . , . , . . ~ ; ~ s... ~ s.~