HomeMy WebLinkAbout1838 l~ba;i~;V
THIS INDENiURE. Made the_ Sth day of ~ March A.p. ~9 74 be~,vicen
Robert A. Swisher, Jr., a sinqle adult
of St .~Lueie ~p~~ty Flw~da, herrinafie~ das~~naTeJ as the "MORTGAGOR," a~d FIRST FEDFRAL SAVINGS AND tOAN
ASSOCIATION OF fORT PIERCE, a corpwation organi:cd and ex~s~~ng unde~ the laws oi the Un~t~d $fatoi oi America and heving iti principal ptace of
business in ths City oi Fort P~erce, St. lutis Cou~ty, Florida, here~nafter dasi~na~ed as the "MORTGAGEf:'
WHEREAS the MORTGAGOQ is justly indebted to the MORiGAGEE in the sum of E2St00O•~~ , good and lawful money of the Un,ted
Srates advanced by the MORTGAGEE unto the MORTGAGOR, as ev~drncrd by a ceno~n promissory note oi even date herewith, o) wh'.ch thQ fol:ow~ng in
..ords and figurea is a tr~e copy, ~o-wit:
z 25.000.00 ~010020672
fort Pierce, Florida, ~rCh S Iq..Z4._
for value ~eceived, 1, we o~ ei~her of us, prom~se to a.••, without defatcat~on, to the order of FIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OF
F ORT PIERCE at fwt Pie~ce, Florida, the sum of s2 5~~~~: ~Q_ wnh ;nrerest from date at ~he rate of 75 e per annum, in momhly instalb
•.rnis as fol!ows: S?~ • - on the 20Lh day of _JuQe _ , lq 74_ ~ and a like sum on the correspond:ng day o~ each moroh there-
.~:trr uNil the whole be fully paid.
Each ~nstallment first shall be appfizd in payment o( ~he ir.trresr and ~h~n ort the unpa~d balance of the princpat sum. If defeult is mack i~ the
;.,;ment of any instaUment when due, a~td such defautt contin~es 30 days, then at the option of the heider, and without any other notice, all the remainii~g -
~~s~allments shall be due and payable at o~ce. Privilege is given to prepay this note in whote or in pa~t at any time without penaity. Me~fhe~ forebearante,
.~or acceptance by the holder thereof aitrr any default in any paymenls hereon, shait be deemed extension. A late payment charge of 5~~+.~Q, shall be
.•.ided to each inslaliment remain~ng unpa~d ~ days after its due date, and a hke sum shall be added to each such instaitment remaining unpaid 7 days ahar
rach succeeding payment date. _ ,
Each maker, surety and endo~ser hereof, join~ly and severally, wa~ves cie~nand, presentment protest and norice of p.otest for nonpayment, and further
a;.ees to any extens~on of ?;m2 of pay~nent, either before or after maturity, w~tt,out not;ce to any of us; and to pay aIl casts of coftecrion, includ:ng s
r~~ ~sonable atrorney's fee in the event oF any dafau't hereundrr, and hereby severa:ly waives a1S benefit of homestca~ and exempt~on under the constitu~ion
:~:J faws of each Stare of ~he Un~ted States, as aga~nst rhis obl~gation or any extrnx~on o~ renewal hereof.
W~tness the hand and seal of rach parry.
S/ Robert A. Swisher~ Jr. ~sEA~~
a sinqle aduit (SEAI)
(SEAI)
~ 37 . SO (SEAu
) Stste Revenue
i~m~at~ orca'g'mat aate~
NO'~N, THEREFORE, the MORTGAGOR for the purpose of securi~g payment ef said sum oi SZS•000•0O „ and the pcrformance of the
covenants and agree~~enrs he~einafter expressed, and for divers good and va(uab~e cons~derations, by these presents, dces grant, bargain, se11, rem;se,
r~:ease, convey ar,d confirm unto the MORiGAGEE, its successors and ass~gr.s, a11 that certain lot, piece w parce) of land, situate, ~ying, and being in the
:.ounty of St. Lucie and Srate of flo~ida, desuibed a~ follows:
Lot S, Block 386, PORT ST LUCIE, SECTTON 24, as per plat thereof on
file in Plat Book 13, page 31, of the public records of St. Lucie
County, Florida,v
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~ r, ! `'t:'~;:t ~ ~ ~ _ ~ IN MYNIEIfT Of TAXE3
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W~i oN GAS~ 'C !Il1AN610LE PE1:SiX:1t PP,QEii1Y~
PUR5l1At(i 70 ~A 71•134. ACTS OF 191L m~`~
iDBEA !'ORRIIS 7' '
i a~~nc r~HC~rr oouR't. sT, wc~ oo. a~ 1/
t
! •ogethtr with all and singvlar the tenements, hereditaments and appurlances thereurtto belonging or in anywise appertainirg therefo, and all rents, issues,
p~oceeds and prof~ts accruing and to accrue from said premises, all of which are included in the a6ove and foregoing deuription and habendum.
= TO HAVE AND TO HOID the above described and granted premises unto the asid MORTG/lGEE, it• suctessors and assigns forever. And the said
~ :'~ORTGAGOR for heirs, executors, adminisrraeors and assigns, hereby covenants with the said MORTGAGEE, its successors ~nd auigns,
3 rhat --he- 15 Iawfully seized of the sa~d prem~xs i~ fee a~mple; that the same are free, ctear s~d discharged from all liens and encurr?
~ b~ances in Isw or in equ~ty, and that he w;Il and tli5 heirs shsll warrant and defend the title to the ums to the said
Y.tJRTGAGEE, its tutcesso~s and assigns, forever against the lawful claims and demands of all persons;
~ PROYIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note 1~ereinbefote described and shsll truly, promptly
and fully perform, d~scharge, execu~e, complete, comply w~th and ab~de by each a~d every the stipulations, agreements, conditions and covenants of said
i cromiasory rwte and of this Mortgage, then this Mo~tgage and the Estate hereby created shall cesse and be null and void.
!T IS UNDfRSTppD fhat tbe word "Mortgagor" whether in the s~~gular or plural anywhere in this Mortgage, shall be singular if one only and
; shall be plural jointly and severally if more than one, and that the word "thei?" as used anywhere in this Mwtgage shall be taken to mean "his;' "hers,"
or "ita," vrherever the context so implies or admits. Atso, that wherever there is a refc~ence in iF~e covenants and agreements herein contained to any of '
the parties hereto, the same shall be construed to mean as well as the he~rs, legal representafives, successors and assigns (either voluntary by act of the
pa~ties or i~voluntary by operation of the law) of the same and that the covenants herein co~tained shaN bind and the benefits and adventagd inure
r~ the respective he;~s, lega~ represeroatives, successors and ass~g~s of the parties hereto.
And said Mwtgagors, for themselves and their heirs, :egal representatives, successors a~d assigns, "hereby jointly and severally covenant and agree
fo and with the said MORIGAGEE, its successws and assigns:
5 1. To pay all and singular the principal and interest and the various and sundry sums of money payabte by virtue of said promiswry note, and this
' morfgagr, each and every, pro!nptly on the days respectively Ihe same severally become due.
- 2. To pay all and s~ng~lar the taxes, assessmen~s, levies, liabiliries, obligat~ons and encumbronces of every ~ature and kind now on said described
, property, w that hereafter msy be imposed, suffered, placed, levied, or auessed thereon, w that hereafler may be levied oi essetsed upon this AAong-
' age, or the indebtedness secured hereby, each and eve~y, when due and payable, atcording to law, befwe they beccme delinquent, and before any interest
` attzches or any penalty +s inturred; AND INSOFAR AS ANY THEREOF IS OF RECORD 7HE $AME SHAII BE PROMPTIY SATISf1ED AND DISCHARGED OF
i RECORD AND THE ORIGir:AL OFFICIAL OOCUMENT (SUCH AS, FOR iNSTANCE, iHE TAX RECElVI OR THE SATI$FACTION PAPER OFFICIALLY ENOORSED
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENi; and in the eve~t that any thereof is not
pa~d, sat sfied and discharged sa d I~IORTGAGEE may at any time pay the same o• any part thereof wirhout waiving or affecting a~y oprion, lien, equiry or
•~qht ~nder or by virtue of this mvrigage and the f~ll amount of each and every such paymeM shall be immediately due and payable and shall bear interes~
~~om the date thereof until paid at rate of n:ne ptr tenTUm per annum and togelher w~th/~yc t sha~l b ~pv~+p y fhe lien of th:s mo:gtaye.
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