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HomeMy WebLinkAbout2169 TMIS INDENTURE. Mad~ ths 6th day of M~lC~1 _ A.D. 19 7µ bet+~reen LilliQ Mae GiLore~ a single adult of St. LL1Ci@ County Flor~da, here+naher desyna~eJ as the "MORTGAGOR." and FIRST FEDERAt SAVtNGS AND IOAN ASSOCIATION OF FORi PIERCE, a corporotron orgsnized and exh~~ng under the laws of the Unued Statos of America and Mving ita prinupal pta:e of busineu in ~he City of Fort Pierce, St. lucie Couroy, florida, hereinafter drs~gna~ed a• the "MORIGAGEE:' WHEREAS the MORTGAGOR is ju~~ly indebted to the MORTGAGEE in the ~um of ~ 3t r~•~ good a~d la~vful money of the U~~:ted Srates adranced by the MORTGAGEE ~nto tha MORTGAGOR, as ~videnced by a ce~tain promnsory note of even date herewah, of whlch the follow~ng in v.ords and figuros is a trua copy, to-wit: s 3.500.00 No 10020676 iwt Pieae. Plorida, Mareh 6 __~9_.?~ Fw value received, I, we o~ either ot us, prom~se fo pay, withoul de(alcation, to the order of FIRST FEDERAI SAVtNGS AND l0•1N AS~CWTIU`J OF FORT PIERCE at fort Pierce, Florida, the sum of S- 3-~-5~!~ - wuh interes~ from date at the rate of 8_a.~_'o pe~ .nnun~, in monthty i~~tart- ~,~enrs as foi!ows: j-- 45•~ - o~ the 2Oth day of _ APY11 ~9__ 74 and a like sum on the correspond;rw3 day of each m~mh the~e- e!rer untit the whole be fully pa~d. Each installrnent lirst shall be ap~lied in payment of the interest and then on the unpaid balance of the prinupal sum. If dei.,~lt is made thz F.~~ment of any insta~~~nent when due, ond such drfa~tt continues 30 days, then at the option ol the hofder, and without any olhet not~ce. all tl.e re.r.i~~~~g ~~s!allmeNS shail be due and payab".e at once. P~ivilege is given to prepay this nme in whole or in part at any time without penalty. Neither fwebearance, nor acceptance by fhe holder tkereof after any default in any payments hereon, shall be deemed extension. A late payme~t charye of S?'-25. shsl: be ,dJed to each insrallment remain~r+g unpa~d 7 days after its due date, and a Gke sum sha~l be added to each such ~nsrallment rema n~ng ~~npaid 7 days sfte~ each succeeding paymenr date. Eath maker, surety and endorser hereof, jointly and severally, walves demand, presentment protest and not~ce of p~otest for nonpaymu~f, and funhe~ a3rees lo any extens~on of t~~ne of payment, eirher before w after matv~~ty, without nonce to any oi us; and to pay all cosis of coltection, includ:ng a ~e,:onable attomey"s fee in the event of any defautt hereunder, and hereby severally waives a? benefit of homrstead and eaemption under the constituYan ~~~d laws of each State of the United Stares, as against this obllgation w any extens~o~ or renewal hereof. W~tne>s the hand and seal of each party. (SEAq - - a~ Lillie Maa Gilmnra ~ ni~ ad u~i~ $ 5.25 cs~?~~ ( _ ~ S~ste Revenue i3Q~ 2~~DbZls1~l3~g1~t IIdt~ NO'~Y, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 3~ ~0'~ , and the pcrformance of the covenants and agreeme~ts hereinafter expressed, and fo~ divers good and valuabte considerations, by these preaents, does grant, bargain, selt, remise, •e;ease, convey and tonfirm unto the MORTGAGEE, its successors ar.d assigns, afl that certain lot, piece w parcel of Iand, siluate, lying, and being in the Counry of $ t. L'12C 1e and State of F{orida, described ai follows: The NoYth 30 feet of Lot 21 and the South 45 feet of Lot 22, Aiock 2, B1.AI~LY SL~DIVISION, as per plat thereof on file in Plat Book 10, Page 50, of the Public Records of St. Lucie County, Florida, I i ~ ; i ~ STAT~ ~F FL~R~~~` ~ ~ ~ ; + _ DOrUMEN'A?1',-'-.- STC~M~~ " : ~ ; z( ~ n~: r-.if ~?EVtAUE ^ - = - ( - ~ IN PAYMQR Of TAXES ; : - - ~.an -v'7~ 1'-f.~f~+' - Dl~ WI C1ASS 'C' INTAN61dlE rERSOYAI ME~tiY~ ~ _ 05.25 ~ e N ~6 ~ ~ / ~ - ~r'~`'' PUR~WR TO C11AP1Ft 71•134. ACTS ~ lUL r~ c~ = c ~ ~ ~l~i ao~Ee Ponrus ~ QINl~ GRCIiIT OOURT, ST. lUC1E 00, P[JL ~ ~ 5 ' J ~1% ~ rogether with all and singular the tenements, he~editaments and appurtances thereunto belonging w in anywite appertaining thereto, and all rents, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing deuription snd habendum. ~ TO HAVE AND TO HOIU the above described and granted premises unto the said MORTGAGEE, its successas and assigns forever. And the s+~d ~ their h50RTGAGOR for heirs, executors, adminis'ratws and assigns, he~eby covensnts with the said MORTGAGEE, its successo?s and auignt, ~ ,h~t _ the~a re idWf„iiy se~zed of the said premises in fee simple; that the same are free, clear ~nd dixharged from all liens and encum- ~ t~bQY t~1Z heirs shall warront and defend the tiUe to the same to the ssid j brances in !aw or in c~,uity, and that will and MORTGAGEE, its successors and assigns, forever against the lawful ctaims and dema:sds of all persons; Y. P~«^P Y ~ PROVIDED, AlWAYS that if fhe MORTGAGOR shall pay umo t!x MORTGAGEE the promissory ?ate hereinbefore dexribed and shall trul tl and fulty perform, d~scharga execute, complete, comply with and ab~de by each and every the stip~lations, agreements, conditions and covenants of said va promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void_ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singuiar w plural anywhere in this Mortgsge, shall be singular if one only snd shall be plural jointly and severally if rtwre tMn one, and that the wwd "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hers;' " or "its;' wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein comained to any of - fhe parties he:eto, the same shall be construed to mean as well as the heirs, legal representafives, successas and assgns (either voluntary by act of the parties or invo~uroary by operation o~ the law) of the same and that the covenants herein coMained shall bind and tlx benefits and advsntages inure - to the respective heirs, legal representatives, successors and ass~gns of the parties hereto. = And said Mortgagors, for themselves and their heirs, tegal represematives, successws and assgns, hereby jointly and severally tovenant and sgree ro snd with the said MORTGAGEE, its successws and assigns: - 1. To pay all and singviar the principal and interest and the various and sundry sums of money payable by virtue of said promisswy note, and this - mortgage, each and every, promptly on the days respectively the same severally become due. - 2. To pay all and ~ingular the ta:es, assessments, levies, liabilities, obligations and encumbrancct of every nature and kind now on ssid dexribed " L~ property, or that hereafter may be Imposed, suffered, plated, tevied, or assessed thereon, w thst hereafter may be levied a assessed upon this Nbrtg- age, w the indebtedness secured hereby, each and every, wfien due and payable, xcording to law, before they become delir.qw_nt, and be(we any interest a~taches or any penalty is i~curred; AND INSOFAR AS ANY THEREOF IS Of RKORD TNE SAME SHAII BE PROMPTIY SATISFIEU AND DISCHARGED OF RECORD AND THE QRIGIhAI OFfICIAI DOCUMENT (SUCH A5. FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY fNDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~r" pa~d, sat'sfied a~d discharged sa:d IAORTGAGEE may at any time pay the same or any parr thereof without waiving or affecting any option, lien, cquity or •~qht ~nder or by virtue of th~s mortgage and the full amo~m oI each and every such payment shall be immediately due and payab4 and shall bear interest ~:e 4~`-? i.om the date thereo~ until pa~d at ~ate of n~ne per cent~m per ann~m and togethe? w~th such inter~yt~shall be secured by the I~ n o( th:s morgtaqe. ~ - 224 r,,~E~.~i$ - - ~~~b ~ ~ ~ ~~~~s. k-..~-~~~~, . ~ ~ ' . ~ ' ' < *~~,=s. __.{`x ,s~_ - i ~