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HomeMy WebLinkAbout2231 . ~s~o8s ~ TNIS II~OENTURE. Made the-~t2th day of ~tOb@r A.D. 19-T.~ betwecn Grady C. R tz~atrick and GeraldinQ J. Ritzpstrick~ his wit• St L.uc ie of • County Florids, haeinafter desgnated af the "MORTGAGOR:' and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, • corporation apa~ized and ex~sting ~nder ths law~ of ths Un~ted Stat~s of America and havir~ iti principal place of buanass in ths City oi Fo?t Pierc~, St. lucis County, ftwida, here~nafter des~gna~ed as tFa "MORTGAGEE:' WHEREIIS tha MORTGAGOR ii justly indebted fo 1M MORfGAGEE +n the sum of s 16 gaod and lawful money of th~ U~~ted States advanced by 1he NEORTGAGEE unto the MORTGAGOR, as evidenc_d by a cerroin ptomiaswy note of even date herewith, of wh~ch the following in wadi and figures is a trus copy, to-wit: = 16.000.00 ~,i~0020496 Fort Pierce, flo?ida, ~tober IZ ~q 73 for value reteived, 1, we or eilF.er of us, promise to pay, without defalca~~on, to the order o1 FIRST FEUERAI SAVINGS Ah1U IOAN ASSOCI~TI~N OF FORT PIERCE at Fwl Pierce, Ftorida, the sum of S- 16~~~~~ - wilh interest (rom date at the rate of Qa~_4o per annun., in month!;• instalb ments as fo~lows: S- 1~ a+ ~h~ 2~h day of Novenber ~9_ 73 and a like sum on the co+~espond+ng day of each month therr~• after until the whole be fully paid. Each inatallment (irst shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. default is made en the Yay~nent of any installment when due, and such default continues 30 days, then at the option of the holder, and without any othe~ notice, a~~ thi rema~r.~ng installments shall be due and aayabte at once. Privilege is given to prepay this note in whole ot in part at any time wilhout penalty. NeithE~ (webearan~e, nor acceptante by the holder thereof after a~y default in any payments hereon, shall be deemed e:tension. A tate payment chargs oi S- shall be added to each instat{ment remaining unpa~d 7 days after its due date, and a tike sum sha11 be added to each such instailment rema~r;ng unpaid 7 cL•~ys after each s•,xceeding payment date. Each maker, sure~y and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonpa~ment, and furthfY agrees to any extensio~ of ~~me of payment, eirhrr before o. after maturiry, w~thout not~ce to any of us; and to pay all costs of cotlectwra i~cl~,d ng s reasonable attorney's fee in the event of any defau~t hereunder, and hereby severally waives a~l benefit of homestead and exemption under the constitution and Itws of each Stare of the United States, as against this obigation or any ex~ension or renewal hereof. Witness the hand and seal ot each party. g~ GZBdSI C. Fitzpatriek . (SEAI) ISEAU (SEAL) s Geraldine J. Fitzpstrick ~s~~ { ~ 24'~ 1 State Revenue lS~en+pstsrtt~elle~enrorigiea! naie~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of s 16 snd the performance of ths covenants and agreements hereinafter expressed, and for divers good and valuable tonsiderations, by these presents, dces grant, bargain, aelf, rem~se, retease, convey artd confirm unto tFx MORTGAGEE, its successon and auigns, all that certain lot, piece w parcel of fand, situate, lying, and being in the County of St • T'UC ~@ and State of Florida, desu~bed ss follows: Lot 3, Block 22, PII~WOOU S[BDIVISION, as per plat thereof on file in Plat Book 5, Page 24, of the Public Records ot St . Luc ie County, F lor f d# ; . i ~ ; ~ ~ STAT` F~~?,^~_i ~ n=- ~ ~ DO~UMEN~ARY..~.- 5Tl~Mc> i t ~ = DE~T. ~JF REVEAt l'• ) + „~r m VF :1 = GiTIE'IS~. I ~ ~ T - A~ ' " ~ + ~ 0 0 I f ~CEfYED s ~ ~ IN PAYMENT OF T~ET n = 1110? r ' D~:_ G'1 CUISS 'C' INTlLYGIBtE AE~ ;0:list PP.O~PEA7Y~ pURS1YINT TO G1APIER 71-134. ACTS OF 19/1. ~~/r . . ROGER POtTWIS j I OIPtK CIIIGIIT 0 0 l~ i. S T. t~ 1~ ~ a ~ rogether with sll and singufar the tenements, hereditaments and appurtances thereunto belonging or in +~ywise sppertaining thereto, and sll rents, issues, ~ proceeds and profits acuuing and to accrue from said premises, atl of which are inctuded in the above and foregoing desviptien and habendum. TO HAVE AND T HpID the above described ar.d granted premises unto the said MORTGAGEE, its sucussors and sugns forevtr. And the said t~ieir MORTGAGOR for - he~rs, eaccutors, administrators and assigns, hereby covenants with the said MORIGAGEE, i» tuccessors and au'egro, !nat -t~~ - lawfully sei:ed of the said premixs in fee simple; that the ssme are free, clear and discharged from all liens aod encvm- ~ brances in Iaw w in equity, and that t~V w;11 and • thel= heirs shall warrant and defend the title fo the ums to the isid ~ MORTGAGEE, its successors and assigns, fwever against the Iswful claims and demands of sll perWns; ~ PROVIDED, AlWAYS that if the MORTGAGOR shal~ pay u~to tFx MORTGAGEE the promiuory twte hereinbefore dewibed and shall truly, promptly and fully perfwm, d~uharge, execute, complete, comply wirh and ab~de by each and every the stipulations, agreements, conditions +nd covenants of said promissory note and of this 14llortgsge, then this Mwtgsge a~d the Estate hereby crested shall cease and be null and void. ~j IT IS UN~ERSTOOD that the wwd "Mortgsga" whether in the s~~+gular w plural anywhers in this Mortgsge, shall be sinyular if one only and sha~l be plu?al jointly end severally if more than oru, and that the word "their" si used snywhere in this Mortgage shall be taken to mean "his;' "hen,' Y" or "its;' wherever the context w implies w admits. Alw, that whereve~ there is a reference in the covenants and sgreements herein contained to any of ? the parties hereto, the same shall be construed to mean as well as the heirs, legal represeMatives, s~ccessors and auigns (either voluntary by act of the tr parties or involuMary by operatio~ of the Iaw) of the same and that the covenants herein contained shsll bind •nd the benefiri and advantages inure ~ fo the respective heirs, legal represematives, successors and asrgns of the parties hereto. k, W And said Nlortgagors, fw themulves and their heirs, legal repreuntatives, successors a~d assigns, hereby jointly and severally covenant and agree ~ to +nd with the ssid MORTGAGEE, its successors and assigns: a' • . t~: ~.t 1. To pay all and sing~lar the principal and interest and fhe variovs and sundry sums of rtw~ey payable by virtue of said promiuwy note, a t is ~ :=3 mutgage, each ~nd every, promptly on the days respectively the same severally become ve. ~i` t~ 2. To psy all and singvlar the taxes, assessments, levies, tiabilities, obligations and encumbrarxes of every n+ture and kind now on said dexribed property, o~ that hereafter may be imposed, suffered, placed, levied, or +ssessed ~F?ereon, w lhat here+fter may be levied ot assessed vpw~ this Mort9- ~ age, or the indebtedness secured hereby, each ~nd erery, when due and payable, according to law, before they become delinquent, ~nd before sny imerot a$ atraches w any penaNy is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAtt BE PROMPTLY SATISFIED AYD DISCHARGED OF p~ RECORO AND THE ORIGINAt OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENOORSE~ ~ OR CERTIFIED) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not t;,~ paid, sat"sfied and diuharged sa'd MORTGAGEE may at any time pay the same o~ any part thereof without waivirg or aifecting any option, lien, equity a •~qht under w by virwe of this mortgage and the fvll amo~nt of each and every such paym.ent shall be immediate~y due and payable and shall bear interest ~:om the date thereof until paid at rate of ~~ne per centum per annum and together w~th s~ch imerest ~hsll be secured by the lien of th"s morgts9e. ~ _ _ I,I ~ ' ~ ~•_v..,~ V.v_. . . _ : , _ . -