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HomeMy WebLinkAbout0479 r~ ~~.~~~2 ~ d . TNIS INDENTURE, Mads ~hs 2~th day of Sep~teaber 73 A.D. 19 be~wee~ . _ Allen White and Cur2ey white~ ~his' wife ~ ~ of St • LliC1Q Co~nfy Fiotid~, hereinafle~ designated a~ the "MORTGAGOR," •rtd FIRSi ffDERAL SAVIMGS ANO LOAN ' ~ ASSOCIA?ION OF FORT PIERCE, • corpor~tion organizetl and ezisting under ~he laws oi tM United Sul~s of America and Mvinq its principal place of t buurNU in tM City of fort PiNCe, St. lucie Covaty, fluida, herei~+fter datynated a: tM "MORiGAGEE." ~ WHEREAS 1M MORTGAGOR is ju~fly indebt~d to ths MORTGAGEE i~ the sum of S- 9~ , pood and law(ul money of the Un;ted Seate~ advanced by the MORIGAGEE unto ths MORTGAGOR, as evidenced by a ce~tain proTissory note of even ds~e he~ewi~h, o( wh~ch the iollowing in ~ wor9 an6d~~gur~ is a lrue copy, to-wit: i • • H,_ Zooao4t~ Fwt Piau, Fi«r~., SeRtember 2'7 ,19_~ ~ Fo~ vafue ~eceived, 1, we or either of us, prom~x to pay, wi~hout defalcat~o~, to the order of FIRST FEOERAL SAYINGS AND LOAN PSSRCIA:ION OF f ORi PiERCE at Fort Pierte, Ftorida, the sum of s 9~~0 w;lh ;nte~est from date at the rate o~ • 5 % per annum, in monflily i~s?all- ment~ a~ follow~: j 9O o„ 20th ~y of November ~ ~q 73 aod a like sum on the caresponding day of eoch momh fnere- f afrer unlil the whole be fully paid. Each installment first shall be applied in payment of fhe interest and then o~ the unpaid bslance of the prindpal sum. If default it msde in the e payment of any installmcnt when due, and such default continues 30 days, then at the opno~ of the holde~, and without any other notice, all the remaining i ~nsfallments shall be due and payab!e at once. Privilege is given to prepay thia no?a in whole or i~ part at any time w~thout penalty. Neithe~ forebearence, ' nor acceptance by the holder thereof after any default in any payment~ herron, shall be deemed extension. A late payment charge of S 4~~, shall be addrd to each instal(ment remaining ~npa~d 7 days after iis due date, and a I~kc ~um shall be added to each such installment remaining unpaid 7 days after each lutcesding paYment date. Each maker, surery and endorser hereof, jointly and severalty, waives d~me~d, presentment protest and notice of protest fw nonpayment, and furlher agrees to any extensia~ of ttme of payment, eiiher belore w after maturity, w~rhout not~ce ro any of us; artd ?o pay all costs of collectio~, includ~ng a rea:onable attorney's fce in the event of any defau~t Fxreunder, and hereby severally waives all benefit of homestead and exemptio~ under the constituYan and laws of each State of ~ha United States, as against this obfigation o? any extension w re~ewal hereof. Witne~a the hand and seal of each party. (sFnU Allen [Vhit ~Ay (SEAI) c $.:14-~ S/ Cu~cley Whit~ csEnu ~ star~ a~~~~~ c5ra~ov~ r~ocslL~d ~a .~iairv l.ovm) ~ NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of said sum of S 9 ~~0+~ ~nd the performsnce of ths covenants and agreements hereinafter expressed, and for divers good and valuable considerateons, by these p~esents, does grant, baryai~, seil, rem~se, refease, convey and confirm ~ to the MORTGAGEE, its succeuors and aasigns, all that certain lot, piece pr parcel of Iand, tituate, lying, and beirxa in the C°v^h' °f St •~C~e a~d Statc of Florida, described ~s follows: W~ of Lot 3 and E~ of Lot 4~ Block 11~ SUNIAND GARDENS, as per plat thexeof on file in Plat Book 8, page 32 of the public recoxds of St. Lucie County~ Florida ~ s ~ STA. E ~F ~LJRiOA~ DOCUMEN7ARY~; STAMP TA 3: ~ nz °c"~ ufP7. Gi REYENUE fi- ~ ~ ~ ~ ~ ~ ~ ;r ~ / ; ~ = P.e. ° ~'`CT - ~ ~73 ~ . • ~ t 4. 9 Q i ~ ~ IN~A,`:GIBI.E ?ERSONAL ~f~~~ ? o ~ ino2 ~ 10 CWIP7ER 71•134. AGTS QF 197~~jf" . ~ R~06ER P~~ U - p~t ClttallT GW~f. SI. tlJCIE 1't~. rogether with all and singufar rhe tenements, herediuments and appurlances thereunto belonging or in anywise appertaining thereto, and ail rents, issues, prxeeds and profib acuuirg and to acuue f~om said p~emises, sll of wli~cl? are included in fhe sbovs and fwegang descripfio~ and habend~m. TO HAVE At+fD TO HOID the above described and g?anted premises unto the said MORTGAGEE, its successon and auigns fwever. Md the said h10RTGAGOR for thQ1Y F~eirs, executors, adminisfrators and asaigns, hereby covenants with the said MORTGAGEE, its successon ~nd ~uiyro, that -~heV are_ ia~~ny x~:ed of the said prem~ses in fee simple; that the same are free, dear ~nd discharged from all licns ~nd encwn~ brancei in law or in equity, and thst t~l~X will ~nd thp~r heirs shail war~am and defend the title to the ssrrw to the said MORTGAGEE, its succeuors snd auigns, fwever against fhe lawful claims and demands of al! penons; PROVIDfD, ALY~AYS that iE the MORTGAGOR ~hall pay unto the MORTGAGEE tF~e promissory note hereinbefore desuibed and shalt trul~, promptly and fu{ly pe?form, diuhar9e, execute, compkte, comply wirh and abide by each and every the stipulations, sgreements, conditions and covenants of uid promissory note and of this Mortgage, then thif Mortgsge snd the Es~ate heroby aeated thall ceatt and be nvll and void. It IS UNOERSipOD that the wo?d "Mo~tgagw" whether in the sirgular or plural anywi~are in this Mo+tgsge, sMl! be singular if one o~1y ~nd shall be plural joi~tly snd severally if more than one, and that the wwd "the~r" ss used snywlxre in fhis Mbrtgage sMl! be taken to mesn "his;' "hen," or "its;' wherever the context io implip or admits. Also, that wherever there is a reference in the covenanfs and agreements herein contained to any of ihe psnies herefo, ihe same shall be constrved to mea~ as well ss tF~e hein, legal represe~tatives, s~cceuori and aui9ns (either voluMary by ~ct of the parties or involuntary by operstion of the law) of the same a~d that the covenants herein cont~ined shall bind ux! the benefits and advantagp inurt ~ x to the rapedive heNi, kgal rep:esentatires, successors and ass~g~s ot the parties he~eto. Md said Mwtgagors, for themulves and their heirs, lega! representatives, successws and auigns, hereby jointly snd severally toven~nt and spree ~ ro and with tke said MORTGAGEf, its successors ~~d su~gns: 4, , v = 1. To psy all snd sinyular the principal and imerest snd the various and iund sums of mone a: mort e, esch ~nd ere 'Y Y p+Y+bte by virtue of said promissory ~ote, and this ci ~ gag ry, p~omptly on the days respectively the same severa!!y become dve. 2. To pay a!I and singvlsr the tsxes, asseisrr,enrs, levies, l;abilit;es, obligstions and encvmbrancd of every nsture and kind rww on taid described ~ praperty, pr that herea5ter may be imposed, i~ffered, plated, Ievied, or auessed thereon, w that hereafta may be levied w assessed ~po~ this Mo~t9- ri age, a the indebtedness secured hereby, exh and every, when due and payabte, accwd~ng ro law, befwe they become delir~quent, ar~d befwe any interesf ~ atraches w any pe~alty is incvrred; AND INSOFAR AS At~Y THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARCsED Of ~0 RECORp AND THE ORIGIt~lAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISfACT10N PAPER OfftCIAILY ENUORSEO O OR CERTIFIEDI SHAII 8E PLACED IM TNE HANDS OF SAID MORTGAGFE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is nof Om paid, saYs(ied and discharged sa:d MORTGAGEE may at any time pay the same w any pa?t thereof without waiving w sffecting any option, lien, equiry or ~~qht under or by virtue of this mortgage and the fult amount of each and every such payment shaH be immediately due and payable and ~hal! bear 'rnleaest ~~om the date thereof vntil paid at rate of nine per centum per annum and together w~th such interest shall be secured by the lien of th:s rtwrgtaqe. _ ~4 . . . . . . _ i . ~ . - ~`iz-`~: ~ . . v'