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HomeMy WebLinkAbout1890 ~ ~ " . 261594 ~ THIS INDENTURE. 13th da of August q,p, ~q73~ betw~en ~e1V t1 . Tl~Ot'1 A A ra enmon, S N~~ of t. uC @ Counryl florid+, h~reir?siter dstignated ai tM "MORTCaAGOR:' ~nd FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ oapaation orp~nizad and ~xi~tin~ unda IM laws of tM United Sat~~ of Am~ric+ ~nd haviny iq principa~ P~+c~ d busin~u in ths Clty oi Fwt Pi~rc~. S~. lvci~ County, florida. Mrein~fter d~:lyn~t~d as the "N1QRT~A~ : WHEREAS tM MORTGAGOR a juuly indebted to tM MORTGAGEE in the tum of S zg ~ ' ~ood u+d lewful money of the United t Sratei ~dvanced by ths MORTGAGEE u~to the MORTGAGOR, ss evide~ced by a ce~~e~n promiuwy nots of even date herewilh, of wh~ch tM followinp in ! words and (igwes is a trw copy. to-wit: ~.t1~ (C : ~ 11~M~ dQ ~ = 28, 800. 00 ~ , ~ " FoH Pierc~. Fbrida, AtiCJLiSt 23 ~ 1V 73 Fo~ vatue received, 1, we w either of us, prom~ ro W(tl~o~t d~f+lcation, ~o ths o~der of fIRST FEDERAL SAVING~ AND InAN ASSOCIATIOt+I OF FORT PIERCE at fwt Pierce, fbrida, the sum of ~ with inte~est trom date at the rate of 8• 7~ pe? amum, :n mw+thly insta!:- \ mentf u fOIIOwl: S~~~ ,r~ 20t~h d,y , f ~November ~973 and e I~ke ium on tF+e cwrespec+diny day af each ~enth ~herr afier until the whok L+e fully paid. Y~~' ~ • ~ Esch installme~t first shall be applied in payment of the i~terest and thcn on the w+paid balance of the p~inc~psl su:~%+. If d~fault is made i~ the payment of a~y installment when due, and such default continues 30 days, then at the opt~on ot the hotder, and without any orha~ notice, all ~he reroaining s ~~stallments shall be due and payable rt once. Privilege is given to prepay this note in whols o? in p~rt at s~y time without penslly. Neither forebearante, F ~ nor accepuncs by the holder thereof afte~ any defauh in any payments hereon, shall be deemed extension_ A late payment charga of Z 11 : 85 sha~l be ` added ro each iiuul~me~t remsining unpaid 7 d+ys siter its due date, and ~ liks sum :hall be added to each such installment remsining unpa~d 7 days ahe~ each wcteeding payment date. Each maker, surety snd endorcer hereof, jolntly and severally, waives demand, presentment protest and notice of p~otest for nonpayment, and further ~ agreea fo any eateruan of time of payment, either before w after maturiry, without not~ce to any of us; and to pay all costs of collection, including a "y reasonabte attorney i fee in the event of any defauh hereunder, and hereby severally waives all benefit of homestead and exemption under tF?e constitution ~ and laws of each State of Ihe United States, as sgainst this obligation or any eatens+on w renewal hereof. ~ Wifness ~he hand and ual of esch party. z ~ S/ Melvin C. Denmon ~U i ~ ~ ~,?u ~ S Sandra Denmon ~U ' ~ ; ; cs~+U , ~ ~ ,~43. 20 ~ ~~s,,,e~ ~ ( ~ 28 800.00 ~ NOW, THEREFORE, the MORTGAGOR iw the purpose of setu?ing p~yment of said sum of s ~ and the pe~form~nce of th~ ; covenants and ~yreements herein~fter expressed, and fw divers good and v~luable conaiderations, by these presents, does grent, bargain, sell, remise, ~ ~elease, convey c ~rm uoto the MORTGAGEE, in succeswri ~nd aui9ns, •lt that cer~ain lot, picu or pucel of land, situate, lying, and being in the ' County of ~uCle and State of florida, de~cribsd ~s iollowi: ~ Lot 4, Block 380, PORT SAINT LUCIfs, 58~CTION 6, as per Plat on file in Plat ; . ~ Book 12, Pages 36 A, 36 B, 36 C, and 36 D, of the Public Records of ~ _ ~ St. Lucie County, Florida. _ ; ti ~ ' ' Y ~ I - ~ l Q~ ; ST T oF FL(]F?IDA ~ j o-: 00___CUME_NTARr,~,,~'.STAMP_IA ~ F ~c ~ DEPi. OF RfYE~ui P.- 1 =r ~ ' ~ ` e ~ 4 3. 2 0 ~ ~ . ~ 2 '~I S . ~G' d IN PAYMENT OF TAXFS ~ 'C IIITANGIBLE PER~~ . . . . - ~ 10 CiU~P1ER 7 ~ ~ S OF 1~~ ~ , S?. WCIE 00. ~ a q.Ei~t W~ a ~ r E rogether with sll snd sirgvlar the tenements, hereditamenti snd appurqnces thereunfo belonging w in anywise appertaining fherele. and all re~n, iuues, { proceeds and profits acuuing snd to accrue from said premises, all of which are included in the above ~od foreyoirg desuipYan and hsbendum. TO HAVE AND HOLD the +bove desaibed ~nd granted premises unto tM said MORTGAGEE, iri soccessora and suigro forwer. Md tF~e s+id ; t~'iei r MORTG~~OR for he~n, executars, administrators and assigns, hereby covenantt with tl~e said MORTGAGEE, iri successors ~~d astiyro, ; r~ are ~ ±hat -e-~----- lawfully seized of the said premises in fee simple; tMt tF?e same an free, ckar and discharyed from all liens and encwn- # brances in law u in equ~ty, and th~t they W~~~ a~ t21P.lI heirs shall w+rrsnt and defend the titk to tM ssm~ to th~ s+id MORTGAGEE, its tuccessors snd augns, fwever against the lawful cl~ims and demands of al) persaa; . ; PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promisswy note i~ereinbeforr deKribed +nd shall truly, promptly ~ '~t ard fully perfwm, diuharge, execvte, complete, comply with snd ab~de by each and every the atipulations, ayreemenri, conditions and covensnb of said ~ promissory no~c and of this Mortgage, then fhis Mortgage and the Estste he.eby aeated shsll ce~se and be ~ull and void. i ~ IT IS UNDERSTOOU that the word "Mortgsgor" whether in the singular or plursl anywhere in this Mortgaye, shsll be singular if on~ only and shall be plunl jointly and severally if more tMn one, and that the wwd "their" ss used anywhere in this Matgsge shall be taken to meai+ "his;' "hen," or °ib;' wherever the context so implies or sdmits. At~, thst whereve~ there is a referenc~ in tFw coven+nri and +yreemenb herein contsined ro ~ny of ~ the parties hereto, the same shalt be construed ro mea~ as well ~s the heirs, kgal rtpresentatives, successort and suigns (either volunury by ~tf of tht t ~ partiea a involumary by operation of the law) of tFr_ ssme and that the cover»nts herein cont+ined shall bind •~+d rhe benefin and .dvant.yes inur~ ~ ro the respective hein, kgal representatives, succeuws and au~gns of the partip hereto. And uid Mortgsgors, for themselves and their Fmirs, legal representatives, sucussors snd ~uigm, hereby jointty and severally covenant a~d ayree ` ~ ro and with the said AAORTGAGEE, its successors and aui9ns: ~ 1. To psy all and tingvl~r the printipal and interest and the vsriovs and sundry sums of money payable by virtve of ssid promisaory note, and this - ~ mortgsge, each and every. promptly on the days respectively the same tsverally become due. ~ 2. To p~y ~II and singular the taxa, assesunenn, levies, lisbilities, oblig+tian and encwnbr~rxss of every n+ture •nd kind now on said describ~d . ~ ~ property, w that hereafter may be impwed, suffered, plxed, levied, a auessed thereon, a thst heruher may be levied or auessed ~pon this Mortp- age, w the indebtedness secured hereby exh snd every, when due ~nd psyable, sccwdirg ro law, before they become delinqueM, ard before ~m interest arraches or any penalty ia inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AND OISCHARGED OF ~e RiCORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS. FOR INSTANtE, THE TAX RECEIPT OR TNE SATISfACTION PAPER OFFICIAIIY ENDORSED ~ ~~,~'w' OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event that any thereof if ool t paid, satsfied and diuharged said MORTGAGEE may at any time pay the same or any part tF~ereof without waivirg w aifettirg any option, lien, equify or •~qht under u by virtue of this mortgsge and the fvll amount of each and every such paymem shsll be immedi~tely dve and psyabk and shall best inte~est j ~ ~.om the date tF~ereof until paid ar rate of nine per centum per annum and together wlth such interes~ shall be secured b the lien of th:s morytaqe. 4 ~ 600K~~~ PAGE~S~~ ~ ~4 l ~ _ ~ ..w.,,~