HomeMy WebLinkAbout1630 ~ 26349~ ~
THIS INDENTURE, Mad~ tl+~ 29th d,y of Auoust a. • ~.ot ~4~ ~nN.«+
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_ Vec~ Cahoon, a ain9le adult ~
of St. ~.I~C~Q ~pyq~y f~a;~, ~~~ftN dnipnated tM "~J1pRTGAGOR;' ~nd FlRST FEDERAI SAVINGS AND IOAN ~
ASSOCIAIION OF FORi PIERi.E, • capaation apanized and ~xiiti~p u~ ti+~ laws of the Untte~+ Stata of Am~~k~ ~nd havinp in principal pl+c~ of
busioas in tM City of Fon PiKa, St. luw County, Florid+. Fwr~inah~r deiiynared a~ N+s °M~?RTGAGEE.° _
WHEREAS tM MORTGAGOR is ~atly Indrbtd ro th~ 1NORIGAGFF In tAe sum of : 14, 8~ pood ~nd I~w{ul money of the U~~ted ~
Stetst +~dvanced by ths MORiGAGEE unto the MORTGAGOR, ss ev~de~xed by a ce~tain promiuwy nota of ewn date herawith, of which the followinp in
wada aod fiyv~es is ~ vw copy, to-wit:
~ 14,800.00 ~ 10020389
Po?t Pi~ru. F~o.id.. Au9usL 29 ~y 73
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Fa val~e ~ecei,red, ws or either of us, promiss to pay, without defalcstion, to the orde. of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Florida, the sum of ~ 14~g~•~ with interes~ from date a1 the rate of ~_96 per ~nnum, in monthly install- ~
ments u fol!ows: i 134.00 ~ t~ 20th ~y of ~tQ~= ~ 19~- and a like :um oo the correspa?dieq d~y of each month tFx~e-
afrer until tF~e whole be fully paid.
Each insbllment first shail be applied in payment of ths i~rerest snd i+~en oe the unpaFd balarxa of the p?incip~l wm. If default is made In tM '
payment of any installment wheo due, and such default continues 30 days, then at the optan ~f the holde:. a!x1 withovt ~ny ottwr not~ce, all ths ramaini~p
~nstallments sh~ll be due and payable at once. Privilege is yiven to prepay ti~is note in wtwle ot I~ p~rt ~t ~ny tima wifhovf penalty. Neithsr forebesrant~
~or acc~ptanp by 1he holde~ tM~~of ~ftsr any def~utt in any paymenq hereon, shall b~ de~med ~xtenaion. A tate payment chup~ of = 6•7O sh~ll be t
added to e+ch in??~Ilment ~emaini~g unpaid 7 days afte? its due date, and • like sum shall be added to each such insufltnent remaininp unpaid 7 day~ afta s
eech sucteedinQ paynwnt dat~. t
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Each m~ker, iurety` and endaser hereof, iointfy snd severally, w+ives d~ma~d, presentment protest end notice of prote~t fw nonpayment, +nd furfher -
agrees to any extenseon of time of payment, either before a afte? maturity, without notice to any of us; and to pay all coets of collectan, in~ludng a
reesonabb attwneyi fee i~ the eveM of a~y default hsreunder, and F?ereby s~verally waives all bentfit of homestead and exemptio~ under fhe coastitWan
and Isws of each S~ate of the United States, as against this obligation or any extsnsion or renew~l her f. 3
/ / ~
Wirness ths haod aod sesl of each partY- C/ i
s/ ece Cahoon, a single adult~U =
- ts~w-
~
~ $ 22.20 i state aevenw <
t
NOW, THEREFORE, the N~ORTGAGOR fw the pv~pose of secvring psyment of said sum of s 14~8~•~ , ~nd the
performsnce of ths
covena~ts and ay~eemanti hereinafter expreued, and io~ divers good and valwble cor+sidsrations, by thae presents, does grant, barQsin, sell, remise,
release, convey and confirm unto the MORTGAGEE, in succeasors ~nd auiyns, all that certai~+ lot, piep or pucel of Isnd, situate, lying, ~nd beinp in the
Couny of St _ LuC ie , and Sht~ of F{wide, described ~s folloMrs:
The Bast 65 feet ot Lhe West 735 tQtt of Lot 38, of MARAVILLA ~
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GARDBNS [~iI? NO. 1, a Subdivision according to a plat thereot
on tile in Plat Book 6, Page S5, of the Public Records of St.
Lucie County, Rlorida,~
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aO~UMEN
qT R~irF RtL~q 1 ;
~ DEPT. D~ RFYE(yUE1S+~ S,TAMP r~i.Y I
` ~ lv ~ 111 Pl1YMEtR OF TIIXFS ~
~ P.t ~ :,:t 12•» t ~ +
o... ~1~0? . ~ z 2. ~ Q~ DUE ON qASS C INLINGIBI.E PERSO~i~ll PQOPERiY~ ~
pURSt11Wi TO Cf1APTER T1-13~. A~TS OF ly~b/~~
~ ROGFJt PORRJIS
. q.EA1( CIRq11T ODURT. Si. IllCIE 00.. FtA
S
together w~th sll and tingvlar the renements, heredifamtrtn and appunsnces tFxreunro belonqirg p in snywise apperfaininy thlreto, and all renb, issu~s, 'a
proceeds s~d profin ~cuuirg and to ~ccrve from said premius, all of which are included in the ~bove ~nd forayanp descripYron ~nd habendwn. +
TO HAVE AND TO HOID rhe sbov* dewibed snd granted premises unto tlre s~id N10RTGAGEE, ifs suaes:on and ~uipns fotever. Md tM sald ~
MORTGAGOR fo~ , heZ hein, executon, administntors snd assigro, hereby coven+nn with the said NWRiGAGEE, its wocessors and asaipir, '
that s~ ~'s lawfull seized of the said ~
y premises in fee simpte; that the same ~re frse, clsar and d'escharged fran ill liens uid encum-
brances in Iaw at in equity, and tMt ShQ wiil and hBY hein sFull wanant aid dsfend th~ title ro the sam~ to th~ s~id {
MORTGAGEE, ita successors and assi9m, forever against tfie lawful claims and demas:ds of all pertora;
-PiE~VID~ AtWA1f5 ?ka~ if tfia MOitTGAGOR sl»N-pry--anto- 'yyqiy rwte hereinbefore described aod sMll rivly. promptly
and fully perform, d~xMr9e, execute, compkte, compy witF? and ~bide by each snd every the stipvlatiaa, ayreement~, co~d~'ioru a cover»n ~ tita
prom;ssory note ind of this Mortgaye, then this Mwtgsge and the Estste hereby ueated shall cea~ ~nd be null and void. ~
1T IS UNDERSTOOp tMt the word "Mortgsgor" whethcr in the tingulsr o? plural anywhere in this Mortga9e, ~hall b~ iinpulu if ont only snd
shall be plural ioimly and ~everalty if more than one, end that the wud "tF~eir" ~s uted anywhers in this MortQaye shall be taken to mean •'his,•• •'hen,••
or "its;' wherever the tontext so implirs w admits. Also, that wherever thae is ~ referencs L? tM toven~nri and agreertronri herein cont~i~ed to ~ny of ~
rhe psnies hereto, the ~ame shall be coeutrued to mean ~s well ss the heirs, Ipst represem~tivss, woceuon and auigrq (eithe? voluntary by act of tM ~
parties w involuntary by opention of the law) of the same u~d that the covrnaats herein contsined sh~ll bind and ihe benefiri a~d advsntaye~ iowt ~
ro tl~e respective hein, k9al represematives, wcceswrs snd au~9ns of the puties hento. s
Md said Mortysgors, for themselves ~nd {Fuit heirs.. legsl represenutives, wccessors a~d ~uign~, hereby joimly ~nd s~ver~lly covenant snd pree {
~o and with tF~e said MORTGAGEE, its successors~and auigru: f
1. To pay all and ~inpular the principal and interest and tl~e various ind sundry sums of money paYabls by virtw of uid promiuory note. ~nd thn
mwtyaye, esch ~nd ~very. promptly on the days respectively the sune severally becane due.
2. To psy all ~nd sinyvlar the uxes. ~ssessments, kvies, liabilit~es, obliyations and e~cumbrances of ev~ry n~ture ~nd ktnd now oo said described
prop~rty, w tMt hereaftK may b~ impo~ed. svffaad, pbcad, kvied, a~ssessed thereon, or tF?~t hereafter may b~ lsvied a us~ssed vpon this Mat9-
+ge, a tM indebted~ess secured her~by, euh and every, when dve and paysble. ~ccordiny to law, b~for~ they becpn~ delinquent, a~d befw~ any i~tenst
attaches M ifly F1lMIfY If IMWftd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8f PROMPTLY SATISfIE~{ AND DISCHARGED OF
RECORD A1VD THE ORIGJNAL OFFICIAI DOCUMfNT (SUCH AS, FOR INSTANCE, iME T/U( RECEIPT OR THE SATISFAC110N PMER OFFICIAIl~Y ENDJRSED
OR CERTIFIED) SHALL BE PIACED IN THE HANDS Of SAI~ MORIGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; a~d i~ the event that ~ny thereof a rwt
paid, sd'sfied ~nd dixh~rged ss:d MORTGAGEE ^?~y at any rimt p~y rhe same a any pan tircreof withovt wa;vinQ or affectinp any option, lie~, equity o~
•~aM under w by virtue of thii mortgage and the full amovnt of each ard every s~ch payment shall be inwnedistely dut and psyable ~nd ihall bear iMS~esf (
i~om the date thereof untit paid at rate of ~ine per centum per annum and togelher with tuch interest shatt be lien of t t sqt.
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