HomeMy WebLinkAbout1879 ~
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THIS INDENTURE, en.d. ~n. 4t~ a.y o+ Dece~ber n.n. t9 73 ~~w~+
Paul P. Neill and Alma Neill, his aife 1
of St. Lucie County Florids, hereinaf~e~ da+~ed as ihe "MORTGAGOR," •nd FIRST FEO~RAL SAVINGS AND LOAN
ASSQCIATION OF FORT PIERCE. • corpaation ay+nized and ex~sting unde~ 1~+t~ law~ of q~ted Stat~s of America and Mving ib printipal place of .
bu~ineu in tM City of Fwt PiKCe, St. lucie County, Florida, Mreir+after desipnated as tM~~QTQ/QEE " '
WHEREAS tM MORTGAGOR is jut~ly indebted to tM MORTGAGEE in the ium oi = 14 good and lawful mw~ey of the Un~ted
S~ates advanced by the I~IORTGAGEE un~o the MORTGAGOR, as evidanced by a ce~tain promissory.pqte of even dete herewi~h, of wh~ch the ioltowiny in 4
words ~nd figure: is a trw copy, towi~: 10020559 "
s 14 , 000 . 00 • . ' ~ ~
~o., P~~.ce, t~a;a,, December 4 19 73 ~
For value received, 1, we w eithe~ of u~, p~om~x to pay, without deFatcat~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE af Fort Pierce, Florida, the sum of S 14 ~ OOO. Q~ _ w,th inrerest irom date at the rate of 9• 25'ro p~? annum, in monthly inuall-
~rents as follows: S 129~ ~ a+ ~he 2O~ d+Y uf I"~areh , 19_74_ and a like sum on the caresponding day of each mo~th there-
afrer uNil the whole be fully paid. ~
Each installment iirst shall be applied in payment of the interest and ~hen on the unpaid balance of the p~inc~psl sum. If default is made i~ the
Fayment of sny installment when due, and such default continues 30 days, then at the option of the ho~de~, ana withoul any other notice, all the remaining
~nstallments shafl be d~e and payable at once. Privilege is g~~en to prepay this ~ote in whole or in part at any time without penalty. Neither forebearante,
nor acceptance by the holde~ thereof aiter any defauh in any paymeNS hereon, shall be deemed extension. A lafe paymeot tharge of S 6.45__- shalt bs
acided to each ins~altment remaining unpaid 7 days after its dw date, and a like sum :hall be added to each such installment remaining unpaid 7 dayi afte~
each succeeding payment dare.
Each maker, aurety and endwser hereof, jointly a~ severally, waives demand, presentment p~otest artd notice of protest fw nonpayment, and further
agrees fo any extension of time of payment, !ither before or after maturity, without notice fo any of us; and to pay all costs of colle:tion, includ.ng s
reaso~able attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution'
jnd laws of each Sute of ~he United States, as aga~nst ~his obligafion or any extension or ~enewal hereof.
Witness the hand and seal of each party.
(SEAL)
s/Paul P. Neill csen~)
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ts~?u •
s Alma Neill ~~i~ _
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~ $ 21. 00 ~ State Revenue
ts~'"°' ~..y~"~~ 14 000. 00
NOW, THEREFORE, the MORTGAGOR fw the pu?pose of secvrirg paymem of said sum of = ~ and the pcrformence of the
covenants and agreeme~fs hereinafler e:{xesaed, a~d fw divers good and valusbfe considerations, by these presents, does gront, bargain, sett, remise,
re!east, convey ~nd confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece ot parcel of land, tituate, lying, and being in the
County of St . Luc ie and Stete of Fbrids, dewibed as followi:
Lots 14, 15 and the South ~ of Lot 16, Block 4, THE TROPIC'S, a Subdivision
according to the Plat thereof on file in Plat Book 6, Page 21, Public ~
RecoYds of St. Lucie County, Florida, `
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~ And mortgagors covenant that they are the identical individuals named -
~ as grantees in_that certain Warranty Deed fYOm George S. Afentul and
3 Henrietta Afentul, his wife to Paul Neill and Alma Neill, his wife
~ bearing date of October 29, 1973, recorded in O. R. Book 220, page
~ 1026, of the Public RecoYds of St. Lucie County, Florida.
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~ ~ S T AT E~ F F L O R i C~~ RECEIYED IN PAYMENT Of TAl(Ef
DOCi1MEN7f~RY~~: STAM P:!: r~ pUE pN CLAS,S'C ~NTANGIBIE PERSONAL PROPERi~
c- aEPT. Us ,~EYEMUf ~i` ~'`~~::i ' PURSIMlIT TO CFIAI'fER 71-1 3 l. A
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T S O F 1 9]
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? ~ o - - ~ ROGER POITWIS
~ N = pA ='''_~'7'1~~; ;.T~,.-s-~s : Z 0 ~ j q~All CINCUR CAURT, ST. UlCIE E1A~
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~ together with all and sing~lar the tenemenn, hereditsmtnts and sppurtances thereunto belonging or in ~nywise appertaining thereto, a~d sll reMS, iuues,
~ proceeds and profifs accruirg srd to acvue from said premixs, all of which are included in tF~e above and foreyang desviption and t:abendum.
~ TO HAVE AND TO HOID the above described and granted premises unto the ssid MORTGAGEE, its successon ~nd assigns forever. And tM said
~ MORTGAGOR fw their executors, administratws and assigns, hereby covenants with the s~id MORTGAGEE, its successws ~nd +tsgro,
~ !hat t~ a~~--- lawfully uized of the said premises in fee simple; that tha ssme are free, clear and dixharged frort~ sll liens and encurt?-
~ brances in law or in equity, and that the.y will and ~@~ T heirs shall wsrrant and defend the title to the ~ame to the ssid
= MORTGAGEE, its successors snd auigns, faever against the Iswfvl claims and demands of ~II penons;
PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory ~ote hereinbefore dewibed and shall truly, promptly
y, and fulty perform, d~xharge, execute, comple~e, comply with and abfde by esch and every the ttipulations, agreemeMS, conditions +nd covenants of s+id
promiuory note snd of this Mortgsge, then this Matgage and the Estate hereby uested shall cease and be nu11 end void.
~ IT IS UNDERSTOOD thst the wwd "Mo?tgsgor" whether in the s~ngulsr or plursl snywhere in this Mwtgsge, shall be sirgul~r if ons only and
ahall be plura) jointly ~nd severslfy if more than one, a~d that the wwd "their" as used anywhere i~ this Mortgage ihsll be taken to mean "his,•• ••hers,"
r:'. or "its;' wherever the context so impiies or admits. Also, that wherever there is a referenca in the covenants and agreements herein coMaieed to +ny of ^
the psrties heroto, the same shall be construed to mean ss well as the heirs, legal representatives, successon and sssigns (either voluntary by ~et of th~ /y~
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parties or imolumsry by operatan of the law) of the same aod that the covcnants hereie contained shall bind snd tFw benefits ~od adwMages inure ~
~ so the respective heirs, legal repreunt~tives, sutcessws and sss'gns of the panis hcreto.
`M And taid Nlortgagors, for themselves and their hein, legal representatives, successors snd assigns, hereby joiMly snd severally covena~t snd ~yree '
to snd with the said MORTGAGEE, its avccessors and auigns:
1. To pay ali and singular the principal and interest ~nd the variwls and sund sums of mone able b virtue of said omissor note, and this ,
~Y Y P+Y Y P~ Y
a; mortgsge, e+cb and every, promptly on the days respec~rvely the same severally become due.
2. To pay all and ~ingutsr the faxq, s~sessmentf, levies, lisbilitief, obligstions and encumbrances of every natwe and kind now on iaid dewibed N~i
property, w that hereafter may be imposed, suffered, placed, lev'ied, or asseued thereon, a thst hereafter m~y be levied w aues~ed upon this MwtQ- ~~D-
age, w the indebtedness secured hereby, esch and erery, when due +nd psyable, accadinp ro I~w, before they become delinquent, and befwe any interest p;
arraches w any penalty is incurred; ANU INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROl~1PTlY SATISf1ED AND DISCHARGED OF Om;
RECORO ANO THE ORIGIf~AI OFfIC1Al ~OCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEtPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSED
- OR CERTIFtED) SNAtL BE PIACE~ IN THE HANDS OF SAIp MORTGAGEE WITMIN 1EN DAYS NEXT AFTER PAYMENT; snd i~ the event that any thereof is no1
paid, sat'sfied and dischsrged sa:d MORIGAGEE may at any time pay the same or any part 1he~eof without waiving w affecting any option, lien, eq+~ity w
~~~ht under or by virtue of this rtso~tga9e and the full amount oi eath and every svch paymeM shall be immcdiately due and psyable and sMall bear interest
j.om ~he date thereof until paid at rate of n~ne per ~enwm per annum and toyether w~th such interest shall be sec~red by the lien o~ th:s morytaqe.
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