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HomeMy WebLinkAbout1888 ; ~ ~261593 ~ TNIS INDENTURE. M+d~ the 3sd day of Au~LtSL - A.D. 19 ~3 bstwe+n ~ Lela McCarty Daniel of SZ• LuCie ' Gow+ty Florida, Mrein~ftK desiynated ~s tM "MORTGAGOR," .~+d FIRST FE~ER/~l S/WINGL AND tOAN ASSOCiAT10N OF FORT PIERCE. • twporatio~ oryanized snd existiny u~+ IM lavin of tM Unlted Stat~~ of Am~rita ~nd h~vlnp iri principal plau of busin~ss in Ih~ City of Fon PiKt~. St. l~ch Gounty. Flwida. MreinafiK d~iipnated a tM "MORTGAGEE." • . : WHEREAS tM MORTGAGOR is ~ustly ind~b~ed ro tM MORTGAGEE in ths sum of = 21~0~~~ p~ ~fol ~pa+ey of the Un~ted ~ , Stetet advanced by the MQRTGAGEE unto fhe MORTGAGOR, as evidenced by a cerUin promiuory note of even dafs Mrewith, of 'wkith 1he followin~ ir~ + ww~1s1;~ fi~u~~is a trw copY. to-wit: ~ 1OQ,~Q~2 ~ ~ 2 1717V W ~ Po.t Pierc.. Fl«id.. August ~ For valve recerved, 1, we o? either of us, promise ro p+y, without deFalcation, to the order of FIRST FEUERAI SAVINGqS AND IOAN ASSOCIATION OP f FORT PIERCE at Fwt Pierc~, fbrida, the svm of ~ Zl~~~~~ wirh interest from date af t#?e rate of 8~7y6 pe~ a~~um, in mailhly install- ~ ~ R,ents as (ollows: = 173 on the ~th d+y of ~V ea~= 19 73 and ~ lika sum on the cwrsspor?diny dsy of each month therr ~ aiter until the whole bs iully paid. ~ Eath insullment tirst shall be applied in paymenf of the interest and tFxn on the unpaid balsnte of the_ p~intipsl sum. If default is made ln tAs ~ ~ paymenl of any installment when dve, and such defauh continues 30 days, then at the option of the holder, and without ~ny other notice, all the remaininy V; ~nstallments ihall be due and payable at axe. Privitegp is 9iven ro prepay this note in whote or ir? p+rt at sny time without penalty. Neither forebear~nte, ~ nor acceptance by ihe ho:de? thereof afte? any default in any payments hereon, shall be deemed extension. A late payment tharge of f 8*65 shall be ~ added ro each instailmeni remainiog unpaid 7 days after it~ d~e date, and a like eum shall be added to each such instsllment rem~ining unpaidJ days aRet ~ eath s~?cteeding psyment date. Each maker, surety and enclorse~ hcrcof, jointly and severalty, w~eves demand, presentment protest and notice of protest for nonpayment, and further ~ agrees to any extencion of time of payment, either before w aiter maturity, without notice to any of us; and to pay all costs of collection, ir+cludiny + ~ reasonabk attorney's fce in the event of any default hereunder, snd hereby severally wsives all beneflt of Aomestead and exemption under ihe constitution and laws of each Sute o` the United States, as against this obligatian w any eatension o~ renew~l hereof. _ J\ , Witness the h~nd and seal of each party. ~ ~ ~u ~ S Lela Mccarty aniel ~ ~?u , ~ ~ ~ $ 31 ~ 50 ? State Revenoe f~w.~r..~ail~..ow.o:s~..~wa.) 21 ~000.00 NOW, TMEREFORE, the MORTGAGOR for the purpose of securing payment of iaid sum of ~ and tl+e performsnce af th~ covenants and agreements hereinafter expressed, and fw divers good ~nd wluable considerations, by these presents, does grant, ba~y~in, sell, remiss, release, convey and tonfirm w+to the MORTGAGfE, its succeswrs and auigns, al! thsf cer~ain bt, piece or pucel of land, situate, lyirg, and bsiny ln ths to~nty of St• LuCie snd State of Fbrids, described ~s folfows: Lot Block 4~ TROPICAL BFACE~ SUBDIVISION BLOCKS 3 and 4~ as per plat thereof on file in Plat Book 10, page 9, of the public records of St. Lucie County, Florida. l ~ i If ~ M' DOCUME E RY~~.•~ S.T~A~, MP~,TAx I 1 ; a~ Q DEiT.QF REIIEMVE! , t f _ - =3L501 o ~ • ' ~ ~ ~ ~~~02 ~ ~ ' O t . . . . . . . . - . . . . . ~u ~ ' n~ ~Ar~uotr oF nucES ~ a~ oN a~?ss ~ iar~nsre~ ~ ~ettt. ; PURSIMNT TO qMPiER I2-13{. AClS OF 191L ~ ~ ~i'iER r0(TRIIS ; CtJ~iK t•IRqNT 00lMtf. ST. WClE OQ~ FLL i rogether with al) and singul~r the tenements, hereditsments snd appurtances thereunto belongieg or in a~ywae appertaining therero. ~nd alt renn, iuua. ! pr«eeds and profits accruing snd to acaue from said premius, sll of which ~re included in the above and fwepoing description and Mbendum. ~ TO HAVE AND TO HOLD the ~bove described and granted premises unto the said MORTGAGEE, ia succasson and auiyns fwever. And th~ said ~ MORTGAGOR fa her he;n, executon, administr~tors and sssigni, hereby coven+nts with the said MORTGAGEE, its successors +nd ~s~ipro. ihat - She i8 lawfully seized of the said premises in fee simple; thst the same ue free, clear and discF~arged from ~II liens u~d tntwn~ brances in Iaw a in equity, and thst She will snd hez hcirs shall warrsnt ~nd defe~d the title to the ssms to the ssid ' MORTGAGEE, its succeuors snd a~signs, fwever ~gainst the lawful cla"uns and demsnds of all perwns; PROVIDED, ALWAYS thst if the MORTGAGOR shall p~y unto the MORTGAGEE the promisswy note hereinbefwe described and sMll truly, promptly ~ and fully perform, discF~srge, execute, complete, comply with and sbide by each and every the stipu~ations, apreements, conditia?s ~nd coven+nb of said ~ promiuwy ~ote and of this Mortgage, then this Mortgsge and the &tate hereby uested ahsll cease and be null and void. ~ IT IS UNDERSTOOD that the word "Nbrtgsgor' whetF~er in the singular w plural ~nywhere i~ this Mortgage, shall be sirgvlar if one onty and ; shall be plural jointly and seve~ally if more than one, and that the word "their" as used anywhere in this Mortpspe sh~ll be t~ken to rtw~n "hn;' "hen," ! or "its," wherever the context so impfies a admits. Also, tMt wherever there is a refaenoe in the covenanb and agreements herein oontained to any of ~ the parties hereto, the same shall be construed to me~n as well ss the hein, le~al represe~tativM, sucuswn a~d ssiipro (either volunury by ~tt of tM i parties or inrduntsry by operation of the law) of the same and that the cwenants herein contained shsll bind and the benefih end advanfapes &wr~ ~ ~ te the respective heirs, 1e9s1 representatives, successws aod au~gns of the panies hereto. ~ ~ Md ssid Mwtgsgors, for themselves and their heirs, legsl reprexntstives, successws and ~uigns, hereby jointly and sererally coven~nt and ayree ~ ro snd with the ssid MORTGAGEE, ~u succeswn and auigns: ~ 1. To psy sll and singular the principsl and interest and the various ~nd svndry wms of rtw~ey payaWe by virtue of said promissoty note, ~nd this ; mortgaye, each and every, promptly on tl+e d~ys respettively the ssme sewrally become dw. ~ ~ 2. To psy all and sin9~lar the tszes. ~ssess~nent~, levies, liabilities, obligatiaq and encumbr~nces of every n+tur~ ~nd kind now on said desaibed ~ proptrty, a that hereshe~ msy be imposed, suffered, placed, Irvied, or arsessed ther~on, a tMt hereaftar msy be levied a~ssessed upon thi~ Nbrt~- Y ery, when due and payable, accwdirg to law, befwe they become delinquent, and befor~ any interest age, a the indebtedneu secured hereb , esd+ and ev ~ atraches w any pen~lty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND OISCHARGED OF RECORO AN~ THE ORIGINAL OfFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSED ~ OR CERTIFIfO) SHAII BE PIACED IN TNE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NE%T AFTER PAYMENT; aod i~ tF~e event thst sny ther~of is not ~ Paid, sat'sfied and discharqed sa:d MORTGAGEE m~y at sry time pay 1he same o? any part thereof without waivinp or sffectinp any option, lien, equity a .iqht under or by virtue of this mortgage aod the full amount of each snd every such paymeM shstf be immediately due and payable +nd shall beu infe~est ~ ~ ~.om the date thereof until paid at rate of nine per centum per annum ~nd topether with such interest a I secured by the lien of th:s moryt~e. ; B oK~17 PACE1880 . ~ ~ ~ ;,.r_ ~~w _ ~ - ` ~ a _ ~