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HomeMy WebLinkAbout2172 ~ • ~ a' ~ /~jV1! I't THlS INDENTURE. Mad~ the 16th d~y of ~$~@~@= 73 r A.C. 19_~ bttwNn Jaoes C. HestQZ~ a sinqlQ a~ult . -~---r^'------,-r of St. WC~`e Cpunfy Florida, MrtinattK d~ignated th~ "MORTGAGOR;' ~od FUlST fEDERAI SAVINGS AND tOAFt ASSOCIATION Of fORi PIERCE, a cwpa~tion oryanized and ~xittinp unda~ ~h~ laws of the Unit~d Statq of Am~rica and havinp its principa) plau of butin~u b tM City oi Fwt PiKq, St. luci~ County, Flaida. Mf0i11if1H i~f~l~Mifd ~a tl+~ "MORTGAGEE." WHEREAS tM MORTGAGOR is ivitly ind~bqd to tM MORTGAGEE in tM sum of :19~a~~~ pood and I~wful mor+sy of the Un~ted Stata advanced by 1M MORTGAGEE unto tM MORiGAGOR, as eviderxed by a cereain promistory,note of even d~ts her~with, of which Ihe followinQ in wadi and fiyures Is a trw copy, to-wit: ~ 19 ~ 400. 00 ' ~,~,10020338 Fwt Pierce, Fb.~d~, Auqust 16. 19 ~3 For value received. 1, we w sithe? of us, promix to pay, without defalcation, to tfia order of FIRST FEDERAI SAVINGS AND LOA1V ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the aum of ~ 9 ~ a~• ~ w~th interest (rom date af the ~~te of 8~ 97i, pst annum, in monthly instalM r„ents as follows: t 175• O0 on ~he 2~~day c{ $@pt@labt'~ ~q 73 +ad a like sum on the cwrespond~ng day of each month tF?ere- after until ~he whola be fu~ly paid. fach instalimeM firtt thall be applied in payment of the interest and then on 1he unpaid balance of the principal wm. if defeult is mad~ in the payment of any installme~t when due, u?d such defa~lt continues 3d days, theh af the option of the Aoider, and without ~ny,other notice, all the remaininy ;nstallments sADll be due and payable at o~ce. Privi~ege is yiven to prepay this nofe in whol~ or in p+n ~t ~ny time without penalfy. Neither faebearsnp, na atceptance by the holder tfiereof afte? a~y defsult in any paym~nts hereon, shatl be deemed extension. A I~~e payrrKnt cMrpe of =e•75 sF?al) bs added to each installment remaining unpaid 7 day after its due date, and a like sum sha11 be added to e~ch such installmeot remaineny ~npaid 7 days ~fter each wcteeding psyment dab. Each maker, surety and endwaer hereof, janfly and severally, waives demand, presentment protest and notice of protest fw rwnpayment, ar?d furthe? agreea to any exttnsion of time of paymant, either before a after maturiy, without notice to any of us; snd to pay aii msis of collecfion, includ'uq a reasonabte attorney's (ee in the event of any defautt hcreunder, ~nd hereby uverally waives all benefit of homestead and exemption under the ca?ititulion and laws of each State of the United States, as against this ob~~gation o? any extensan a renewal hereof. Wit~ess the hand and seal of each party. .~A~@s C. H6 gt@I ~ lSEAU a s ngle adult ~U ~ ~ $29.10 ~ Stat~ Revenue ~U tx~ca~al~s~w~w~t a?*ri NOW, THEREFORE, the MORTGAGOR for the pvrpox of secu.irg paymenf of said sum of s19~4~.~ ~nd th~ coven~nb and agreements hereina(te~ expreued, and for divers good and wlwble cwu7deretions, b these ~°rt^~^CO of tM Y presents, does grant, baryain, aell, remise, release, convey and tonfirm vnto the MORTGAGEE, ifi s~cteuors ~nd iuigni, ell that cert~in lof, piep or puce! of Isnd, sitwla, lying, and beinp In ths County of SL. I.11C1@ ~nd 5ate of Flwida, dewibed as follaws: . The East ~ af Lot 8, 2¢ss the North SO feet~ and tbe Sast ~ of Lots 10 and 12~ Block 12, MARAVILLA T6RRACE, as pex plat thezeof on file in Plat Book 5, page SO, of the public records of St. Lucie County, Florida, t1~ ~j ~~P_~~y~~'~. ' C~ . . . . . . ~t~~ ~ ~ R1~' ~ ~R~~ ~ ~ oF ~~„~Q R It7 A ~ to st. hx Do u ~H_TaaY~' st~n x 1 4,aa~ ~c d~ c°-~ DfPT.~~ OF RfibEN11~.~~ _ • ':s` ' ~ /J~ ~ _ ' ~ Z 9. 101 ; ~i i ~ , 4 j . i E - t E rogether with all and si~gulsr the tenementt, hereditsments and appurtances there~nto belorging a in ~nywise appe~taininp theteto, and ~II renq, iuues, ~ proceeds ~nd profin acau~ng snd ro accrue from ssid prcmius, all of which are included i~ the above and fw~oinp dsscription and !?~bendum. ~ TO FUIVE AND TO NOtD the above described and granted prcmises unto ths said MpRTGAGEE, its successo~s ud ~uiyns forever. And th~ s~id ~ tZ1@ 1! - HtORTGAGOR for - heirs, axecutors, sdministraton and auigns, he?eby covenanri with the aid INORiGAGEE, Ns waesso~s and assipro, ~ rhat Lh@Y dZe ~awfully se~zed of the ssid premises in fee simple; that tht same art frea, cl~~r and dischsrged from all liens ~nd entum~ ! brsnces in law or in equiry, and that they W~~~ a~ their FKin shall warrant ~nd defend the titk ro tM s~m~ to the said ~ MORTGAGEE, iri succeuors and assigns, forever against the lawful claims and dem~nds of all penoro; PROVIOED, ALWAYS thst if the MORTGAGOR slull psy unto the MORTGAGEE the promissory note hereinbefwe dexribed and shall truly, promptly and fully peAorm, dixharge, execute, complete, comply with snd sbide by esch and every the stipulsYwns, agreemenri, conditions and coven~ntt of said pror~isso~y note and of this Mortgaye, then this Mwtgage snd the Estate hereby wested shall ceas~ u~d be nuil ~nd wid. IT IS UNDERSTOOD that the word "Mortyagor" whether in tf~e singutsr w plural ~nywhere in this Mortqaye, shall be slrgula~ if one only ~nd ~ shall be plura) jointly and severally if more than one, and tMt the wwd "their" as used anywhen in tha Nbrfyaye shall be taken to mean "his,•• •'hen,'• cr "its;' wherever the context so impliet w ~dmits. Alw, that whereva there is • refaenc~ in th~ tovenants and apreementt fierein oanlained to any of the p~rties hereto, the same shall be c«utr~ed ro mean ae well ai the heers, lsgal npresem~tires, successon a~d auigns (either voluntary by act of th~ parties or involuntary by operation of the Iaw) of the same +nd thst the covenants herein cont~ined shall bind.and fhe benefits u~d advanfapes inw~ ro the ~espective hein, legal representatives. succeswrs snd ~u~yns of the partfes hereto. s And ssid Mortgsgors, fw themselves and their i~ein. ?eyal represenr~fives, succesto?s and auigru, heieby joinHy and severally tov~nant and agree to and witF~ the said MpRTGAGEE, iti successors ~nd auigns: 1. To p~y ~11 u~d iirgular the principal snd interett snd the wrious ~nd sundry wms of mw~ey p~yable by vinue of tsid promissory note, ~nd this mortg~ye, each and evety, promptly an the dsys respectively tt~s same severilly become dve. ; 2. To ~ pay all snd singvla? the t~xes, assessments, levies, tiabiliries, obliyations a~d erKUmbances of every nature uw~ kind now on uid dewibed property. p th~t hereaher may be impaed, suffered, placed, levied, w sssessed thereon, w that hetesfta may b~ levi~d p as~sed upon 1F~ Mprtp. ~ age, or the indebtedness secured hereby, e+ch snd every, when dw and payable, accordinp to law, befae they become dflirpvem, ~nd bsfor~ a~ryr interpt atraches or arty penalty is incuaed; AND lNSOFAR AS ANY SHEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIEO ANO DISCHARGED OF P.ECORD AND TME ORIGINAL OFFICIAI OOCUMENI (SUCH AS, FOR INSTANCE, TME TAX RECEIPi OR THE SATISFACTION PAPER OFFICIALIY ENDORSEO ' OR CERTIFIED) SHALL BE PLACEO fN THE HANDS OF SAIp MORTGAGEE WlTHIN TEN DAYS NFX~ AFTER PAYMEM; and in the event tf~at s~y thereof is not ~ paid, sst'sfied and diuharged sa:d MORTGAGEE may ~t any time pay the same a a~y p~rt thereof withovt w~iviny or affectirg sny opYan, lie~, equity or _ ~~qht vnder or by virtue of this mortgsge and the full ~mount of each and every such payment shall be immediately due u+d psysbk and shall bear inte~qt ~ s~om ~Ae dare thereof unt7! paid af rate of nine per centum per anoum and toyether w~tb svch j~+Ot~er,y~~~ ~Mr the lien of th's ma~t~, ~ ~ ~ r/q~[ ~ ~.u:. ~*ti~'~~~~~.' ~ - - I y~;._. ~