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HomeMy WebLinkAbout0920 26~2~8 ` ~ • ' ` L9 THIS INpENTURE, Mads the 29t h day or ~ Oc tober A ~9 73 be+Neen _ Edward W. Hinton and Melvia R. Ninton, his wife ^ ~ of ~ St . 1'UC iQ Ccunty Fiw~da, hereinaf~er designated as the ' MORTiiAGUR;' a~d FI<SI iEUERAI SAViNGS ANO IOAN ASSOCIATtON OF FORT PlfRCE, a corporetion aganized and exis~ing under the Iaw~ of ?he Unitcd Statat of Ameri<e ~nd having its principal p:sce of buslneis in ths City of Fwt Pierce, St. l~ue Counfy, Florida, hc~ein~i~er det~9nated as fM 'MORTGAGEE:' WHEREAS the MORTGAGOR is jwfiy indebled to the MORiGAGEE in the s~m of s___ 9YCQ~a.QQ.________, go~+d ar.d lawful money of the iln;trd Srates advanced by the MpitiGAGEE ~nto tF~e MORiGAGOR, as ev~de~ucd by a cerrem pror.~~ssory note of eren date h.rowith, of wh:ch ~he tol:ow~+~g in vvords and figures is a true copy, to-wi~: ~ 9~ 000 .00 No 10020510 Fort Pierte, FloNdti nctOb@r 29 ~q 73 Fw vatue ~eceived, 1, we or eithrr of us, prom~se lo pay, wi~hout defa!cation, to the order of FIRST fEDERAL SAVINGS ANp LOAN ASSOCIA710~1 OF F ORT PIERCE at Fort P~erce, Florida, the sum of 5--- 9L~~' ~ - wdh ~nterest irom dale at the rate oi _9 • 5°o pe? annum, in monthly ins~a!!- ;^ents as foI!ows: S-lOS.~~ ~ Z~t~l dsY o~ Deeember _ ~q73 ~ and a like sum on the correspondmg day of each month there- afrer until the who!e be f~lly paid. ' Each installment firsl shalf be appl~zd in paymrnf of the interesl and then on the unpaid balance of the princ~pal sum. If deiau!t is mnde in the F a~~nent of any instaliment when due, and such default continues 30 days, then at the opt~o~ of the holder, and wi~hout any other notice, all the remaini~g :~~staltments shall b.: due and payabie at once. Privilege is given 1o prepay this note in whole or in part al any time without penalty. Neither iorebearance, nor accepta~ce by ~he ho!der the~eof after any default in aay payments hereon, shall be deemed eztension. A late payment charge of 5--~•2~ , shall be added to each instailment remaining unpa~d 7 days after its due date, and a liice s~m shalf be adaed to each such instai~ment ~entain;ng unpaid 7 days aiter each succeeding payment date. Each maker, surety and endoraer hereof, jointly znd severally, wa~ves demand, p~esentment proteat and notice of protest for nonpayment, and furthe~ agrees to any extension of time of payment, either before or after maturity, without no~ice to any of us; and to pay all cosrs of coNection, inciud:ng e r.~esonable attorney's fee in the event of any delau7t he~eundea, and hcreby seve.ally wa~ves all benefit of homestead and exemption under the const~tution .,~~d laws of each State of the United States, as aga~nst this obliga~io~ a any extens~on or :enewal hereot, Witness the hand and seal of each party. • ~ S,f Edarard Lt'_ Hintnn ~~p~~ {SEAL) ' (SEAL) s/ Melvia R. Hinton ~S~i~ ( ~ 23' ~ ) State Revenue ~3'ramps'c'e1Re1~ ~ ari'grnal=n~ N01N, THEREFORE, the MORTGAGOR for the purpose of seturing payment of said sum of S 9•0O~ a~d the performance of the covenants and ngreement~ he~einafter expressed, and for divers good and valuab?e considerations, by these presents, dcea grant, barga~n, selt, rem~se, ~e;ease, convey and tonfirm unto the MORTGAGEE, its successors and assigns, alf tfiat certain iot, piace or parcel of land, situate, lying, and being in the County of S t_ L _ i , and State of flarida, dewibed s followa: That part of the South 100 feet of the North 230 feet of the NE 4 of the SW 4 of the SE 4 of Section 17, Township 35 South, Range 40 East, lying betpeen South 29th Stzeet and South 30th Street, in the C ity of Fort Pierce, Florida; being a tract 100 feet North and South by 300 feet, more or less, East and west. ~TA-T-~ F SORYflr~ 1 r _ po r DO:.t?MENjAR ~ ;5~.~ 1 DEPi. ~iF T±EYENU= , 3. V v f / Q,~~ c ' • ~ ..~....'~,T f`d' '".XES ~ - ~~.t 3~» ~ ~r ~ I RECE{:•~ - i::. . -~t P.a.' ~ pUE Gti ~•J1:' ~...~•:518(E : ~ t.:..... ~ ..~1, r^ = ~t:c2 p~R~(~r TO C:;,:.°;{^ 71-13:. ACiS Of 1S~ij. ° ROGER POITRAS ICt~r• . . . RT St. UlC1E~C0. Fl~- ~ CtFR!( CIRCUIT ODU . f ~ogether with all snd singular the tenements, hered~taments and appurtances thereunto belongirg w in snywise appertaining thereto, and all rents, isaue~, ~ prxeeds and profits acc.uing and to accrue irom said premises, atl of which are inctuded in the abovs and fwegoing description and habendum. ' TO HAVE AhD TO HOtD the above described snd granted premises unto the said MORTGAGEE, its iuccessors snd asi~gns foreve?. And the said t ~t1g~ r MORTGAGOR fa - heirs, executors, adm;nisfrators and assigns, hereby covenants with the said MORTGAGEE, its succeuors and assigru, that -~hg-X-~~--- lawfu!!y se;zed of tlm said prem~ses ~n fee simple; that the same are f~ee, dear and discharged from al) liens and encurr~ i brances in !aw or in equity, and that thQy will and their ha;rs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assig~s, forevar against the tawful claims and demands of all persons; . PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tFx MORTGAGEE the promissory note herei:~belae deuribed and shall truly, promptly ar,d fully perform, d;xharge, execute, corr±plete, tomply with a~d abide by each and every the stipulations, sgreements, conditions and covenants of said prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shall ce~te and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural a~ywhere i~ this Mwtgsge, shall be singular if one only end shall be pturai jointly and severe~ly if more than one, and tbaf thr word "their" as used anywhere in this Mortgage shall be taken to mean °his;' °hen;' or "its;' wherever the context so implies a admits. Alw, that v.herever there is a reference in rha covenants and agrecments herein contained to any of fhe pa?t~es hereto, the same shall be construed to mean as well as the heirs, leqa! representatives, ivccessws snd assigns (either volumary by sd of tfie ~ aarties or involuntary' by operation of the lawl of the same a~d that ~he covenants herein contained shall bind •nd the benefits and advantages i~ura vJ to the respective heirs, legal representatives, successors and as:'gns of the parties hereto. And said Mwtgagus, fo~ themselves and their heirs, iegat represenratives, successors and assigns, hereby join~ly and severally covenant and agree ! ro and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay aIl ~nd sirgulsr the printipal and interest and the various and sundry sums of money payable by virtue of uid prominory note, snd thif ^ ~ mortgage, eath and every, promptly on the days respectively the same severally become due. ~...J t 2. To pay all snd singular the tsxes, assessments, levies, liabilit~es, oWigations and encumbrancet of eve?y nature and kind now on said dexribed /'~~~2 property, o~ that hereafter may be imposed, auffered, plated, levied, w assessed thereon, w that hereafter may be levied or assessed upon this Mortg-`~~ age, or the indebtedness secured hereby, esch and every, wlxn dve and payable, according to law, before they hecome detinquent, •nd before •ny inreresfq~p anaches or any pertaity is incu.red; AND INSOFAR AS AMY THEREOF IS OF RKORD TNE SAME SHAIt BE PROMPTLY $AiISFIED ANp DISCFIARGED OF O' RECORD AND itfE ORIGItvAI OfFIC1Al DOCU11tiENT (SUCH AS, FOR INSTAtvCE, THE TAX RECEIPT OR THE SATISFACTION ~APER OFfICIAILY ENDORSEDpAD OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTfR PAYMENI; and in the event that any thereof is not ' paid, se~ sf~ed and d~scharged sa'd lAORTGAGEE msy at any time pay the same or any part thercof without waiving or affecting any option, lien, equiry w ; •~qhr ur.der or by virtue of this mortgage and Ihe full amo~nt of each and every such payment shall be immed~ately due and payabte and shatl bear interesr ! s~om the da~e thereof uniit paid at ra!e of n~ne per ce~~vm per annum and together w:th such interest shall be sec~red by the lien of tb:s morgtage.