HomeMy WebLinkAbout0198 264S35
THIS INOENTURE. IVMd~ the 18th day of S@jZ~=b!r A.D. 19 ~3
- between
Russell L. B bQrt and Mildred B. B bert his wi
of S~' ~ e Counry Flaid~, heni~afta d~signar~d ~t• tF+~ "MORTGAGOR;' •nd FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ corporation or9anized and exiuiny under tM law~ of tl» U~i~~d St~fos of America ~nd havlr?p iti principal pl+ce of
busin~s~ in tht Ciry of Fort PiKCS, St. lucie Cou~ry, Flaids, hertinafttr doai9~ated as tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is justly lndebted to tM MORTGAGEE in tM i~m of = 19 ~0~•~ good u+d lawful monay ~rf the Un~ted
States advanccd by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a cenain promissay nole of even da~e 1~erewith, of ~nfi~ch the tollowinq in
wo~ds and figursi ii a trus copy, Iawi~:
; 19.000.00 tro~204'JS
Fwt P1erc~, Floride, ~Pt@=b@r 18 ~q 73 i
For value received, 1, we w either of us, prom~x to pay, withoutdefalcation, to 1he order of FIRST FEOERAL SAVINGS AND LOA~1 ASSOCIATION OF
FORT PIERCE al Fo?t Pierce, Florida, the sum of S 19 - w;th interest irom date at Ihe rate of 9•0O,'o pH annum, ~n monthl~ inctat~-
r*,ents as foltows: S 160•~ on the 2~thday af ~tOb@Y 19 73_ and a like sum o~ the carespond~ry dsy of eech month~the~e-
af~er until the whole be fully pa~d.
Each installment firsl shall be applied in paymenl of the interest and thrn on the ~npaid balance of the p~~~ups~ tum. If de(ault i~ made iq ths
~ayme~t of any insta:iment when due, and such default conunues 30 day~, then at the option of the holder, and without any other ~oticc, all the rernaining
~:~stallments fhall be due and payabte at once. Privitege is given to prepay this note in whole w in part at sny time witlwut pena~ty. Neither forebearante,
nor accepta~ce by the holdcr ttxreof after any default in any payments hercwn, shsll be deemed exlension. A iate payment charge of = 8~~~ sha~~ bs
added to each instaltment remain;ng u~ps~d 7 days afier its due date, and a like sum shall be added to each such ins~allment remaining unpaid 7 dsy~ ~iter
each succeeding payment date. -
Each maker, surety a~d endwser hereof, joinlly and seve?ally, waives demand, presentment proteat and notice of protesl for nonpayment, and funher ~
agrees eo any extension of time of payment, either before o~ after maturity, without not~ce to any of us; and to pay all costs of collection, ind~d~ny a ~
reasonable attorney'~ fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution ~
a;~d laws of cach State of the United States, as against this obligation or any extens~c.n or renewa! hereof. i
Witnes~ the hand and seal of each party. ~
~L Russell L. Bnbert ~nt~ '
(SEAI)
(SEAL)
s/ Mildred B. Bgbert ~S~u ~
; 28 • 50 ~ stare aeveoue ~
F
-tSrew+~-~ewedki~w ~riginel-r?sN~-
NOW. THEREFORE, the MORTGAGOR for the purpose of securing payment of uid sum of S 19 ~ 0~ , and the performsnce of the
covenants and agreemenq hereinafter expressed, and for divcrs good and valu+ble conside~stions, by fhese presents, does grant, baryain, sell, remise,
release, tonver and tonfirm unto the MORTGAGEE, iri successors and ruigns, all that certain lot, piece o? parcel of land, situste, lying, and being in the ~
~
County of St I.L1C~@ and State of floride, dewibed as follows: ~
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Lot 31, Block 254, POR? ST. Lt~IB SB+CTION 6, as per plat
thereo! recorded fn Plat ~ok 12, Pages 36, 36A through
36~, of the Public Records of St. Lucie County~ Florida, ?
~ ~ STATE ~F F1.._QF~i~'A 1
< ~ DOtUMENTARY.~::.,~ST/i M P T/`. ~ ~ ~ ~ ~ ~ rE1t~OqK ~DPtltn~
f Z ~ -
DEPT. OF StEVENUE i' ( aE M~ CIASS ~~R~~~. ~
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` "c_~i = P& = SlP2r» ~ ~ ~ 2 8. 5 0 I "n~"'""T T° ~ ~om~?~
~ o ~+~ioz CIRqAT O~Iifrf. n- L11~E 00. Ftll
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^ together witl? all snd singular the tenements, hereditamenis and appurtancet thereunto belagirg or in anywise appertainirg iF~ereto, u+d all rentt, iuues,
i proceeds and profits accruing and to accrue from said premises, all of wF+ich are included in Ihe sbovs ~nd fwegoing dexription and habendum.
~ TO HAVE AND TO HOLD the above described and g~anted premisea unto the said MORTGAGEE, in succeuws ~nd auiyra forwer. And ths s+Id ;
~
; MORTGAGOR for t~ he~n, e:ccutors, sdmi~istrators and assGgn~, hereby coverunts with the said 1NORTGAGEE, ib successors +nd ~stiyra. ;
~ f
~ rhat -~~-az8--- lawfully se~zed of the said prcmius in fee simple; that the iame are frae, clear and dischar~ed from •11 lierq wx! trfcum~ ?
~ their
brances in law w in eqvity, and that t~y will and heirs thall w~rrarst and defend the title to the tams to the said t
~ MORTGAGEE. ies successors and assigns, (orever againsf the lawtul clsims and demsnds of •II perwns; ~
PROVIDfC, AlWAYS th~t if the MORTGAGOR shall pay unto ihe MORTGAGEE the promisso?y note hereinbefwe dewibed ~nd thall truly, promptly #
and fully perform, d~scharge, execute, comptete, comply with and abide by each ~nd every the ~tipulations, agreements, caxlitio~?s and covenanb of said f
prom~ssory note ar~d of this Mortgsge, then this Mortgsge and tF~e Estate hereby veated sMll teaie and be null snd void. ~
~ Ii IS UNOERSTOOD th~t tht wad "Mortgagw" whether in the singular w plural anywhere in this Mortgsye, sball be sir~ulu if on~ only snd ~
" shall be plural jointly snd teverally if more than one, snd that tF~e word "their" ss used ~nywhere in this Nbrtgage shall be tsken to mesn "his,•• ••hen;'
~ or "its;' wherever the context so implies w admits_ Also, that wherever there is • referente in the covenaM~ a~d agreements herein contained to ~ny of
the parties hereto, the same shall be construed to mesn ~s well as the heirs, legal representative~, successors and auigns (either volunury by act of tht
parties or involuntary by operation of tF~e law) of the ssme and that the covenanti herein conqined shall bind and the benefits ~nd advantayes irwr~
+o the respective hein, legal representatires, successors and ~ss~gns of the p+rties hereto.
< And said Nbrtgsgon, for themulves and the€r heirs, leqal represemstivd, successors ~nd suigns,.lxreby joinNy and severally covenant and ayne
fo and with the said MORTGAGEE, its successois ~nd auigns:
~ 1. To pay all and sinpular the principsl and imerest s~d the various and sundry sums of money payable by virtue of uid promissory note, ~nd this
a~ mortyepe, eich and every, promptly on tFK d~ys respectively the same sewrally becane dve.
2. To p+y ~11 +nd singvlar the Uxes, astessmenb, levies, lisbilitie~, obligstions ~nd encumbrancet of every nature and kind ~ow on said dewibed ;
property, a that heresfter may be imposed, suffered, plxed, lev+ed, or ~uessed thereon, or that hereafter may be levied or usetsed ~pa? fhis Mwt¢
~ age, or the indebtedness tecured hercby, eacF~ and every, when due and p~yable, ~ccordirg to lew, befwe they becwne delinquem, ~nd befwe ~ny imere~i
~ arraches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND OISCHARGED OF
RECOR~ AND 1HE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR IN5IANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSEO
' OR CERTIf1ED) SHAtI BE PIACED IN TNE HANDS OF•SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; aod in the eveM that my thereof is not '
paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or sny pan thereo( without waivirg or affecting any opYwn, lien, equity w t
•iqht under w by virtue of this mortgage and the f~ll amount of each and every such payment shsll be immediately due and payabk +~d shall bear intetest
~rom the date thereof until paid at rate of nine per centum per ~n t r with such interest shall be setvred by the lien of fh:• mwytaye.
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