HomeMy WebLinkAbout1484 2s~s9 ~
THIS INDENTURE, AMd~ ~he Sth day of ~p~~?~r i +i i ? r - A.D. 19~3._. betw~e?
Willias A. Norris. a? sinale ~d~lt
of SL. LUC~@ Cpvnfy Florida, her~in~ff~ dttg~+red as th~ "MORTGAGOR," +~?d FIRST fEDERAL SAVINCaS ANO LOAN
ASSOCIATION OF fORT PIERCE, ~ oorporatan ayani:ed ~ad ~xiiN~g u~ tM laws of IM UnN~d Suta of Am~ria ~nd Fwvinp it~ princlpal pNC~ of
buuness M th~ City of fort PiKC~. St. lvcl~ County. Flaida. hereinaita da~iy~+ated ~a th~ "MORTGAGEE'
WHEREAS th~ MORiGAGOR is ~ustly i~debt~d ro 1M MORTGAGEE In the tum of = 3 i ag~• ~ good and I~wfui mw»y of the United
Stues advarxcd by tM MORTGAGEE unto the MORiGAGOR, as evidenced by a csrta~n promiuoTy not~ of ave~? date herewitb, of wi~ich tM fdlowinp in
= a~31, 9~0~ 00 r?w coPV. to-w~t: ~ 100~20408
.
Fort Piarc~, fiwida. _~Qnt~sl,or S 19~_ t
Fw v~lue reteived, 1, we or eithe? of us, promise to psy, witAout defalcatior+, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florida, the•sum af 31,900.~Q wi~h i~terest from date +t the rsts o~~% pe~ +nnurt4 mon~hly inftalM
r.~ents u follows: t 268 •00 p~ ~he ~L~ d~y of October 1973 and a like sum on the correspa~d~rg day of each month there- t
after unti) 1he whole be fully paid.
Each i~stallment first shall be applied in payment of ths interest and thcn on the unpaid bafance of the principal sum. If default k msde in ths
payment of any installmcro when dve, and such default conti~ues 30 days, then at the op!ion of 1M holder, snd without any other rat~ce, all the remainirg
installments shall be due and payable at o~ce. Privilege is yiven to prepay this note in whol~ or in part ~t ~ny time without pen~lfy. Neither forebeara~te,
nw acceptance by the holder thereof after ~ny default in any payments hereon, shall be deemed extensioa. A Iate payment ch+rye of 3•'~ " ih+ll be
added to each installment remainin~ unpaid 7 days afier ib due date, and ~ liice sum shatl be added to each such installment remainirg unpald 7 days ahet
eath wtteedir?g p~ymenl date.
Exh msker, surery and endorur hereo(, ~oiMly and severally, waives demand, prescY+tment protast and notite of protest for nonpayment, and furtFror
agrees ro a~y extension of fime of paymeM, eitfier betore a after matwity, wifhovf no~ic~ ro any of usr and W pay aU costa of collect~on, includ~np s
~e~fenebk atterney's fee in ~F~w event of any default hereunder, and herebv uvtrally waives all benefit of homeste~d a~d exemption uoder the constitutio~
and laws of cach State of the United States, as againtt thia obliyation w sny extension w ~enewal hereof.
Witneu the hand and seal of each party.
sj Willi~a A. Morris, a siac~l~~y
adult
cs~?u
~
~ $ 47.85 t stste Revenue
(9tsrrqir een~eMed ~er eelykwl~+e~s)
NOW, THEREFORE, the MORTGAGOR fw the purpose of seturing payment of iaid sum of =~1~~ +nd the performance of tl»
coveeanb and spreements hereinafter expreued, and for divers good +nd valwble conside~alions, by theu presenri, does q~~nf, bar~~in, sell, remise,
release, convey and confirm unto the MORTGAGEE, ib successors and auigns, all lhat t.~ruin bt, piw ot paroel of land, utuate, lyinp, and beirg in tM
~a,nty of St . LuC ie and sr,te of Plorids, described a: follows:
Lot 5, CRIST S[BDIVISION, as per plat thereot on tile in Plat Book
15, Page 8~ Publirc Records ot St. Lucie County, Florida,
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D CUMENTARY
~ 8 Pt. bi REVENUE ~~STAMP TA X' ~
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together with al~ snd singular the tenemen», Ixreditsments and appuHances there~nto b~lonyiny oi in ~nywise appert+inirg there% and all renb, issws,
proceeds and profits stuuing and t;, xcrve from said ptemises, all of which ~n incluekd in the above and faeydnp dewipYwn ~nd h+bend~m.
~ TO HAVE AND TO HOW the : bove described and granted prcmises unto the uid MORTGAGEE, its waeswn +nd assigns fo?sw?• Md tM s~ld
~ MORTGAGOR fa S-- heirs, executors, administrators and auigro, hertby tovenanri with the said MORTGAGEE, its sutc~sson and assipns.
~ that he 1~~ ~swfully srized of the iaid premises in fee simple; that th~ sarn~ ~re fret, clear ud discharyed from all lieen and ~ntu~
~ brances in Iaw w in equity, snd that he will and h1S heirs sh+ll wursM and defend the titls to tfie wm~ to tl~e said
~ MORTGAGEE, in successas and suigro, forever aysinst the ~awful claims a~d demandt of all penans .
~ PROVIDED, ALWAYS th~t if the MORTGAGOR shall p~y unto the MORTGAGEE the pran'~uwy note he?einbefore desvibed ud sh+ll truly, promptly
' an~~ul y wm, i rge, execu e. 67Pf{3tete,'tar~pl~-wrirtk-e++~~bidrbp-wei~-~wd-w~sy_t1r- ' ' ~.tQ~djxjo~lll~ covenant~ of s+id
~ oromissory note ~nd of this Mortgaye, tlxn this Matgage snd the htste hereby ae~ted shall case and null and wid.
Y~
F'~ IT IS UNDERSTOOD that the word "Nbrtgsgor" whetF~e~ in the singular w plw+l anywhere in this Mortgaye, sh~ll b~ sinp~lu if one only and
~ shafl be plural jointly end severally if mwe than one. ~d that the wwd "their" as used s~nywhtre in thit Mwt9+9e sh~ll be t~ken ro mean •'i~it,•• •'htrs;•
~ w"ib:' wherever the context so implies a admits. Also. ~hst wherever there is a rtference in tFw tovenant~ and sy~eemenh herei~ aw+tainsd to any of
z;
~ the parties hereto, the same thall be construed to mean ~s well as the hein, leysl represent~trves, successon and assiqro (eitF~er volunury by act of th~
parties or invduntary by operstion of_ the law) of ths same and thst the covenants herein contained sMlt bind and the berwfib ~nd advant~s inw~
~ ro tM respective hein, le9al representatives, success«s and au~yns of the partiss hereto.
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~ And said Matgsgors, fo• themselves snd their hein, ley+l representatives, wcceuws and ~uigns, hereby jointly and severally covenant ~nd apne
~ ro snd with the iaid N10RTGAGEE, in successors s~d usigro:
~ 1. To p~y all and si~pvlar the pri~c~psl and interest snd tM vario~s snd wndry wms of mo~ey p+Yabl~ by virtw of ssid promiuwy not~, and this
~ mort9s9e. ~ach ~nd every, p~omptly on the d~ys respectively the :ame sever~fly become dve.
~ 2. To pay all ~nd sirgular the tsxes, assessments, levies. IiabiliY~es. oblig~t~au ud encumbr~nces of every n+tur~ and kind now on s~id desuibsd
~ property, w thst lxreafte~ may be imposed. suffered. Plxed, kvied, or assessed the~eon, or thst hereaher may b~ kvied w assessed ~+pon thb Mw1~
~ age, w tl+~ indebtedness setvred hereby esd+ snd every. wMn dve and pay~ble, sccordinp to law, befon they becomt delinquent, and befo~t a~ryr iM~res1
attaches o? any penalty is intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROIMPTLY SAi15F1ED AND DISCHARGED OF
~ RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHAII 8E PIACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the eveM that +ey ihereof is no1
~ paid, sat'sfied and discharyed sa:d MORTGAGEE may st •ny time pay Ihe isme a+ny psrt thereof withovt w~ivirq or affectirg any optan, lien, sqtiity a
•iqht unda or by virtve of this mortgsge ~nd the (ul1 amount of each snd every tuch payment shall be immediatcly due snd pay+bk and shall bear i~tsreat
~ kom the date tlxreof until paid af rafe of r.ine per centum per annum and toyethe? with such intKett shall be secured by the liee~ of th:s mor9qqe.
~ . _ aoox 218 ~~F 1483 - =r _
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