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HomeMy WebLinkAbout1541 ~ 261338 ` e TNIS INplNT11RE, Mad~ tM `~Y~' day of A~u8t A.O. 19_ b~tw~en ~ t~ • ' • wner mi an ara mit , s~r of • e Counfy fbrida, Mnin~ftK d~signar~d +s tiw "MORTGI?GOR," ~nd fiRST f~pERAt SAVINGS AND tOAN ASSOC1ATtON Of FORi PiERCE, a cwporatioa wpanistd and ~:istiny w~d~r !M lav~n of t1» l/nit~d S~~hs of Am~~ica and haviiq in princlpal pl~c~ of bu~in~sa Gn th~ City of fat Pi~ra. St. l~ci~ County. Plorida, I1lfNINfiH dNI~Mtld u tM "A~OJtiC~A~ " WHEREAS th~ MORTGAGOR is 1~+ I=~ vv ~ OO ~atly ind~bt~d 1o th~ AAORTGAGEE in IM sum of = ~ppod;agd I~wful mon~y of ths Unlted Sutes ~dwnccd by tM MORTGAGEE unro tM MORTGAGOR. ai •ridenced by a c~nain promissay noq of ~wn d~t~ IK~wvi~h, of wh~ch ~hs fdtowinp in _°`~.`l ;~~~a~. ,.w co~r, to-w~~: 1002 Ol 9 3 August , 19 ~ fwt Pi~u, Florid+. Fw vslue received, I, we w tither of va, ~e to it~p~q dtfalulion, b ili~ pde~ of FIRST fEDERAI SAYIt~{('iS AND LOAN ASSOCIATlON OF ~~11 ~r1~ UU ~ FORT PIERCE at Fort P' e F a, the svm f ~ ~ w;th inte~ t rom dats at ths rate of t3 ~ JOX, pe? inr?wn, in n~onthty imtal4 r,~e~ts as fottows: s on tM ~ day of ep ~i[l er 19 ~~~nd a like sum on the co~respondinp day of each mon1F~ tl~r af~er until the whole be fully p~id. . Each instalimem first shall be appGed in paymeM of the ieterest ~nd then on the unpaid balancs of tM princip~l sum. If default is m~ds in tFe paymeM of any instaltment when dve, and such defautt eontinves 30 days, tAen at the option of ths holder, and without any othx notice, ali 1M remaininp ~natallments ~hall be dve and payable ~t once. Privileye is yiven 1o prepay this note in whok or i~ p~rt at any tim~ without peMlty. Neitjier ~~beua~, nor scceptance by the holder thereof after any default in anY paYments hercoe~, shall be deemed extenxion. A late p~ymeM cMrys of ~ J• , sMll bs ` added to each insbllment remaininp unpaid r days aher ib dw date, ~nd a fike sum ihatl be added ro exh such installment aemsininQ unpaid 7 dayt afttr each avcceeding payment date. , Each maker, surety and erdwse? herwf, ianNy and sev~nlly, wsives dema~d, prexntment protest and notice of p?otest fw rwnpayme~t, ~nd furllwr a9~ees ro ~ny exfansion of time of psyment, either bcfore w aha m~turity, without ~otice to aey ot vs; and to pay all co~h of collection, lndudinp • reasonable attoiney i fee in the event of any default hereunder, and hsreby uverally w~ives all benefit of homestead and exemption under the constitutan and laws of each State of ~he United Sutes, as aya~r?st this obli9ation or sny exta~sion or renewal hcreof. Wit~?ess the ha~d and seal of each paHy. omer mi ~ cs~~?u $17.25 ara mi ~ ) Stats Rev~nus ~ rn~'t~r~ra~-~T"a"'-t~ 11, 500.00 NOW, THERFfORE, t!K MORTGAGOR for ths purpose of securirg p~yment of ~sid sum of = ti and the perform~nce of th~ covenants and ayreemenh haeinafter exprcued, and fp divers good ud wlwbl~ tonsiderations, by thtse presa+tt, dws yrant, b+r~ain, sell, remise, release, convey aod c•a~firm~1ehe MORiGAGEE, ib succeuws ~od ~uipr+s, al! That certain bf, piecs a puul of land, sitwt~ lying, u~d bain? in fhs 5L L : County of ~nd Stat~ of Fbridi, dewibsd as follows: i t ~ ~ t { a Lot 12, Block 1, EIDORADO SUBDIVISION, as per p].at thereof on file in Plat Book 8, page 2, of the public records of St. Lucie County, Florida. a ~ STAT .F~ oF ~1--ORIDA ~ DOCUAAEN ARY .•w~.,, sTAMP tAX ~ ~ ~ ; °c-~ N OEPt. DF REr~~~ - i 3~ a1 f'~~'" S _ ~ p„o~a?n• ~ ~ = p~ ~ #sY~~~73 ~r 1 1 2 5. ~ ,y~l. /1~~/~ .~I M~i s ~II~~ D1E ~E~ ~ = n~oz tp ~ Pt1RS1W~ a~~06~ps ~~E 00, ~ C~H~ together with aIl snd singular the tenert~entt, hereditsments ~nd appurt~nces therew~ro belonp;rg a in u~ywue apperqining tF~ento. ~nd aH rsnb, isuros, ~ proceeds aed p.ofin ~ccruioy snd to acuue from said premise~, aN of wbid? are indud~d k~ fhe ~bov~ ~nd foreyoirg desviption and Mbe~dum. i TO HAVE Ml~~eF~D the sbovs descr;b~d u+d yranted premises unto the said Al1pRTGAGEE, its wocessan and suipns forw~r. Md th~ said MORT fw hein, ezecuton, administrstors ud auiyro, hereby coren~ob with the said MORTGAGEE, its woastws ~~d aaipns, rhat e are lawfull seised of the said Y premius i~ fee si~ple: that the sam~ u~ fns, ckar snd di~chuped f~om ~II liera and ~ brances in law or in eq~ity, and thar they w~~~ ~ their ~~n shall warsnt ud defend tM titb eo tM sam~ ro Nw aid MORTGAGEE, ib successon and sugru, fwever sysirut the lawful d~um and demands of ~It persor~j PROVIOEO, ALWAYS tMt ii the N10RTGAGOR slull p~y unto tbe MORTGAGfE the promasay not~ her~inb~fon dsxribed and sh~ll truly, promptly and fully perform, discharge, execute, complete, comply with and sb~de by esch ~nd every the stipubYwra. ~yreemenn. conditions and aovenams of s~id promissory ~ote and of tha Mortgsye, then this Matyape u~d the Estate hereby veated shall csas~ and b~ null sod wid. IT IS UNDERSTOO~ tMt the word "Mortyspw" whethar in the singubr or plwal anywhert in thii Mortyape, ihal! b~ sirgul~r if ons only ~nd shall be plvr~l joimty snd ~everally if more tFwo oM, a~d that the word "f hsir" as used ~nywh~n in tha Mon9~ye siull b~ taken to msan •'his," •'hen or "its:' whereve~ the conte:t w implies or sdmits. Abo, tMt wFwever ther~ b a reference in tfw covenanri and apr~emen» Mrsin oonuirwd to am oi the puties hereto, the sarrw thaR be con~trued to mean as well u the Mein, la~~l ryxesentativss, tua~sson and aaigns (tithe~ volvntary by act of th~ panies a invdunrsry by oper~t;on of the law) of ti+e sun~ and tMt the cove~snts h~.ein conqined shall bi~d ar?d tM beneffn and advantapa Inun ro the respective hein, (e9a1 representstives, sucusson and au~yro of the parties hK~ro. Md said Nlortpsgon, fw themutves snd their hein, le9a! representativd, successors and a~sipra, hereby jointly arx! severa(ly coven~nt aod p~~e to and with the said MORTGAGfE, ib s~aeuws u~d ~uigrn: 1. To psy dl and sirgvlar tM prin~ipal and interest and the wrio~s and wndry sums of ~wr»y paY~We by virtue of said promisswy not~, and ti~it mortysge, each and every, promptly on the days respec~ivety tht surre sevtraUy b~cortw dw. 2. To p~y all a~d sirpvlN tht t~zes, assessrnenb. leviet, fiabilit+es. oWiQstio~s and ennwnbrsncees af svery nnure and kind now on said dewibed P~oP~Y, w tlut hereah~r m~y be impwed. wffered. P~+ced. lwied, a~uessed therwn, or tMt her~~he~ may b~ Iwied a assessed upon thts Mwt¢ age, a tFw ind~btedn~ss secured he.eby, exh ~nd ~very, when dw and p~yable. ~ocwdinp to law, befon they beconN delL~qwn?, and before ~ny i?Kaesf attaches or ~ny pen~lty is inn+rred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL SE PROINPTLY SATISFIE~ AND DISCHARGED Of RECORO ANO THE ORIGINAL OfFIC1Al OOCUMENI (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OfFIC1ALlY ENOORSED OR CERTIFIEO) SHAtt Sf PLAGEO IN THE HAMDS OF SAID MORTGAGEF WITHIN 1EN OAYS NEXT AFTER PAYMENT; ~nd in the event that airyr the?eof is nw paid. sat"sfied and distharged sa:d MORTGAGEE msy at a~y time pay the iame w any paA therwf withwit waivirg w ~ffecti~p any optio~, lien, eqvity a •~qht under a by virtue of thn mortg~ye and the full amo~,nt of each arvd every such payment thall bf immed'arely dw and payabl~ and ihall btar ints~esr +rom the date thereof vntil piid at nte of nine per centum per ~nrwm ~nd toqether w~th such interest ah~ll be ~ecw lien of th's mwytapt. goox~~P~~E~533 ~ ` ~ ~ ? ~ _ . d ~