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HomeMy WebLinkAbout2291 ~ ` ~~~V v 1?115 INDFNlIURF, Made the 22nS~ dsy of FebtSlaYx, A.D. 19__~ betwcen Th~odore 9ar~ti.t~ and 1,~na Barb~y~;is-wif~--~ of ~t . 1'uCiE,' County flor;da, herainafle~ desgneted as the "MORTGAGOR," and FIRST fEOERAI SAVtNGS ANO IOAN ASSO~IATION Of FORT PIERCE, s torpwatio~ orga~ized and ex~sting under the taws of ths Un~ted 5tat~s of Ame~ics and fiaving its p~i•.cipal place oI bu~inets in the City of fort Pisrce, St. lucie Covnty, Flaida, h~reinaher des~gnatcd as the "M7RTGAGEE." WNEREAS tM MORTGAGOR is ustl indebted to the MORTGAGEE in the sum of Z j6, 6n0 l70 I Y ' , good and lawful money of the Un~ted Statet advanced by the MORTGAGEE unlo ~he MORiGAGOR, es evidanccd by a certaio prom~ssory note of even date he~ewirh, of v,•h:eb the la~:wina in wwds and (igures is a true copy, lo-wit: s ~6 ~~oo. ~ N, iooaoba9 Fort Pierce, florida, Fet~ruary 22 ~~~4' _ i fw value ?eceived, 1, wa w either of us, promise to pay, without defalca~:on, to the orde~ of FIRST FEDERAL SAVINGS ANO IOA?~ ASSOCIATION OF FORT PIERCE at Fort P~erce, florida, lhe sum ot s__ lb~b00.00 ,H;~h fnteres~ from datr at the rate oi ~~g °o per annum, in movhty i~sraH- ments as follows: f- 1 S~.~O ~ _ 20th day of _-A r~.i 1 19__7¢ and a I~ke sum on the conespond~~g day of eath month there- after ~ntil ihe whole be fully paid. Eath ins~ailment first shail be applied in payment of the interest and then on ~he unpaid bala~ce of the princ pal sum. If defautt is made in the ~•ay~nent of any instaiiment when due, and such default continues 30 days, then at the optio~ of the holder, and without any other ~otice, all the iemain;ng ~~~stall~nents shall be due and payable a1 once.. Privitege is g~ven to prepay this note in whole o? in part at any time without penalty. Neither forxbearance, nor acceptance by Ihe holder thereof aftzr any default in any paymems hereon, shall be deemed extensioo. A late payment charqe of S__? L~, shafl be added to eath instaliment remaining unpaid 7 days after its due date, and e like sum shall be added to each such instatlmeM remaining unpaid 7 days aftet each sucteeding payment date. , Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest for nonpayment, and 4ur!hor agrees to any extension o~ t[me of paymem, either before or aite? mawrity, without nonce to any of us; and to pay alf costs of cottection, inctud:ng a ~r,sonabte atrorney's fee irt the event of any defavit heraundrr, and hereby severally waives all benefit of homestead and exemption under the constitu~ion ~:~d laws of each Stare of ~he Unitrd States, as aga~nst this obligation or any exte~sion or renewal hereof, Witness the hand and seal of each party. _ s/ Theodore Barbuto cseac~ (SfAI) E'~'~~ (SEAI) S 24.90 4~--L~na 8arba~*~ tseau 1 State Revenue ~F ~ NOW, THEREFORE, the MORiGAGOR for the pu~pose of securing payment of said sum of S 16 •~00• , and the performance of the covenants and agreements hereinafter expressed, and for divers good ar.d valuabte considerations, by these presents, dces grant, barga~n, sell, rem:se, ~~•,eaae, convey and confirm unto the MORTGAGEE, its successors and astigns, al( thal certam tot, piece or parcel of laod, situate, lying, and being in !he Counry of - $L . Lueie , and State of Ffarida, described as foliows: Lot 20~ Block 47, RIVER PARK IT.VIT ;VO. S, as per plat thereof on file in Plat Book 11, Page 31, of the Pnblic Records of St. Lucie County, Florida~ ~ - T ~ ~ AT:= F~ i._ ~ r~ : I t~c~rvm 3..~ dw~ r,?r,~+~rt oF T,?xes D~~:lMENTARy~-.-~.;ST.;V~?~ j Zr' ~ss M.EVC~~uc`~ f,'~4•`s.',_ - O~IE W1 CIASS'C INTAli61lLE ?Et:.itZDlllt ?RQERIY, _ z'~~,~t~• ~ pOR~Wfi TO C11AriE~ 71•134. ACTS ~ lY1L J,~~ / ~ N = Pe _ ~ 2 4. ~ 0 i ~oem Porr~us ' / z Rl~lt CiRGilT OOiIAi, ST. LIICJE OQ~ RA ~ f ~ together with all and singutar the tenements, hereditaments and appurtances therev~to belonging or in anywise appertaining thereto, and ell rents, issues, vroceeds and profits accruing and to accrue from said premises, atl o( which are included in the above and foiegoing desviption and habendum. TO HAVE ANO O FfOID the above described and granted premises unto the sa;d MORTGAGEE, its successors and auigns foreve~. And the ssid t~eir , hSORiGAGOR for he;is, executors, administroto?s and assigns, hereby coveoams with the said MORTGAGEE, its successors end auigns, ihat ---~~~--ar2- lawfully seized of the said premises in fee simple; that the same are free, clear and dixharged from sll liens and encum- brances in law or in equity, and that +h~,_ will and t~'+~~-r heirs shall warrant and defend the title to the same to the said h10RTGAGEE, its successors and assigns, forever against the lawful claims and demands of sll persorts; } PROVIDED, ALV,IAYS that if 1he MORTGAGOR sF.all pay unto the MORTGAGEE the promissory note hereinbcfore desvibed end ahall t~uly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreemenls, conditions and tovenants of said prom~ssory note and of this Martgage, then this Mortgage and the Estate hereby created shafl cease and be null and void. IT IS UNDERSTOOD that the word "Mwtgagw" whether in the a~nyular or ptural enywhere in this Mortgage, shall be si~gutar if one only and shal! be plu~al jointly and severslly if more than one, and that the wad "their" as used anywhere in this Mortgage shall be taken to mean "his," "hers;' or "its;' wherever the context so implies w admits. Also, that wherever there is a reference in the tovenants and agreements herein contained to eny oT the parties hereto, the same shalt be construed to mean as weN as the heire, )egal representarives, svccessors and assigns (either voluntary by sa of the ~ parties or involuntary by operation ot the lawT-of the sar.ie and that the covenann herein contained shall bind a~d the be~efits and advantages inwe ~ to the respective heirs, legal representatives, sutcessas and ass~gns of the parties hereto. And said Mortgagors, for !hemselves arid fheir heirs, ~egal represenratives, successws and assigns, hereby jointly and severaUy covenant and agree A 1 ro and with the sa~d MORTGAGEE, its successors and assigns: rr~ w 1_ To pay all and singular the pri~tipal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thit ~ mortgage, each and every, promp~ly on the dsys respectively the same severaiiy become due. 2. To pay aIl snd singutar the taxes, assessments, levies, tiabilities, obligations and encumbrancet of every nature and kind now on said dexribed ~7~ property, or that hereafter may be imposed, suffered, placed, levied, or auessed thereon, or that hereafte~ may be levied or essesscd upw~ this Mortg- ~ age, or the indebtedness secured hereby, esch and every, when due and payable, xcwding to law, before t(xy become de(inquent, and before any intereit ~ arraches or any penatty is incur~ed; AND INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAtI BE PROHIPILY SATISFIED ANp DISCHARGED OF RECORD AND THE ORIGIP:AL OFFICIAL DOCUTAENT (SUGH AS, FOR INSTAhCE, THE TAX RECEIPT OR THE SATISfAGT1ON PAPER OFFICIAIIY ENppRSED OR CERTIfIED) SHALL 8E PLACED IN THE HANOS OF SAiD MORiGAGEE WtiHfN TEN DAYS N~XT AF7fR PAYMfNi; and in fhe event that any the?eof is not pa~d, sat'sfied and discharqed sa'd MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affecting any option, lien, eq~ity or *~qht under or by virtue of th~s mor~gage and the f~ll amount of each and every such payment shall be immed~atefy due and payable and shall bear inte~est ~rom the date rhereol vntil pa~d at ~ate of n'~ne per centum p~r annum a~d toge~her w;th svch inrerest shall be sec~red by the lien of th's morgtage. ? _ ,p . ; ~ x~ ~ s~ ~ : ~ ~r~"~~ ~ ~ ~ ~ ~ ~ ~`h 4~~~~r~ ~ ~ s~h~.~ y~- j . , . = . _