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HomeMy WebLinkAbout1023 THIS INDENTURE, Made tl~e 25th day ot MBrCh _ A.D.•1 '9~-. betwee^ Harry R. Craxford and Eloise B. CraWford, his wife~ • of ~t. ~,L1C~9 Ca,ny Flor;da, Mreinaftsr datgnated as 1he "MORTGAGOR;' and fIRS~ FE~ERAL SAVINGS ANO LOAN ASSOCIATION Of FORT PIERCE, a cwporat~on orpanized +nd exisriny vnde~ th~ laws of ths Un~ted Sut~s of M+erica and Mvin~ in prinupal place of buuness tn t!N City of Wrt PiKC~, St. l~cie County, florid+, he~einaftN designated ~s tM "MORTGAGEE." WHEREAS th~ MORTGAGOR if justly indsbt~d to ths MORTGAGEE i~ the sum of = 2~~~0•~ , good and lawful moneY of the Un~ted 5tetas advanced by 1M MORTGAGEE ~nto tM MORTGAGOR, as evide~ced by a cerisin promiuory nole of even date herewith, o( which the followiny in words and fipures ia a trw copY. to-wih ~ 1~~~3? ~ s 2l1~,00~.00 Fwt Pl~rn, Fbrida, I~arch 25~ 19~ ~ For valve received, I, we w either of us, promiu to pay, withoul defalcation, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF j FORT PIERCE al Forf Pierte, Florida, 1he sum of S 2~ with imere t irom date at 1he rste of 8~°'~e per an~um, in monlhlY instsll• ments u follows: = 216•~ o~ ~he 2~'h ~+Y of ~y ~ ~9 7~ s~d a like sum on the correspond~ny day of each mon~h therr aher until the whole be fully paid. Each installme~t first shall be applied in payment of the interest and then on tFx unpa~d balance of the printipal sum. If default is made in the payment of any installmenl when due, and such default continues 30 days, then st the option of the hoider, and without any other ~otice, all the remaining ~r~srallments shall be due and payable at once. Privilege" is given to prepay this rate in whole or in psrt at soy time without penalty Nd10 ~O bearance, nw acceptance by the holder ~hereof after any defauh i~ sny paYmcmf hereon, ahall be deemed extension. A late paya+e~t charge of S sh+~~ be added to each installment remai~iog v~pa~d 7 days aiter its due date, and a like sum shall be added 1o each such installment remaining unpaid 7 days after each succeeding paymem data Each maker, surety and endorser hereof, jantly aod severa~ly, waives demand, preseotment protest and notice of protest for nonpayment, and further ~ aq~ees ro sny extension of tirn~ of payment, either before w after maturily, without not~ce to any of us; and to pay all costs of collection, includ~ng s ~ reasonable attorney's fee in the event oi any defau~t hereunde~, aod hereby severally waives all beneiit of homestead and exemptio~ under the tor+stitution and laws of each State of the United States, as againsf this obligalion a any extension o? renewal hereof. Witneas the hand and seal of each party. S/ Harry R. CraWford ~ni~ ~s~u ~ S Eloise B. CraWford ~s~au ` cs~w € ~ ~ ~ • ~ ) State Reveeue i tStamprcieReMad'tlnvl9Qinet ~i01!) ~ NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of said sum of s~, Q~~~ snd the pe~fwmance of ths covenants and agreeme~ri hereinafte~ expressed, and for divers good and vsluable considerations, by theae presenri, does grent, bar9ain, sell, remise, release, convey and confirm unto the MORTGAGEE, its succeuws and asaigns, all that certain bt, piece or pute~ of (and, situate, lying, and being in the af St.. I.11C ~.@ - and Stste of Fbrida, dewibed ~s follows: 3 t , Lot 10, Block 1, COUNTRY CLUB ESTATES SUBDIVISION, according to the plat thereo£ ~ recorded in Plat Book 10, at` page 33, of the Public Records of St. Iucie County, ~'lorida, ~ . # i ~ G~ STAT~ ~F ~LO R! D~> ~ o= ~ DOCUMEtYTARY~;;.`75TdMP T1L>' ~ ~M~ ~ . , U~i'T. v~ REYtNUf ~ ~ i io ~ = P8 =~,,.~ii'7.1'}~- ~ 6. 0 O ~ ~ ~PY't°` ~"~y7J" l ` M = i $~;~I' O ~i. ~S € o = t1~n~ ~ , \NZp~s,~1.~~! d~ ' \ y ~ Q~ c~o ~~Ey? tt° s~. ~~t ~ _ together with all and singul~r the tenements, hereditaments and sppurtsnces thereunto belw~ging p in ~nywise ~ppert+~^~~9 1he~~fo• +^d rents, issuea, pr«eeds and profin stvuing snd to accrue from said premises, all of which are included in the above and foregoing dswipYwn snd habendum- : TO HAVE AND TO HOID the +bove desuibed and grsnted prcmises unto the said MORTGAGEE, in successors and suigns fwevet. Md ths s+id ; MORTGAGOR for t~ ir executors, sdministratws and aisigna, hereby covensnts with the said MORTGAGEE, in succeuors +nd auiym, ~hat - lawfully uized of the said pren+iset in fee s+mPle: _ that the ssme ar~ fr~e, ckar snd diuhsrged f?om sll lie+?s s encum- t.tlEy 3I~@ brancea in law w in equity, and thst theV will and th -i 2' he~rs sh+ll wurant and defend the title to the same to ths said MORTGAGEE, its successws and suigns, forever against the lawfut claims and demands of all persau; PROVIDED, ALWAYS thst if the MORiGAGOR shall pay unto the MORTGAGEE ti+e p~omissory note he~ei^before dexribed and shall truly, promptly and fully periwm, diuharge, execute, complete, comply with +nd abide by each and every the stipulaiwns, sgreements, conditions and cove~ants of said ~ promiuory rate and of this Mortgage, then this Atiwrgsge and the Estate hereby aeated sh~ll u~s~ s~d be nvll snd void• ~ IT IS UNDERSTOOD that the wwd "Mortgsgor" whetFxr in the si~gular w plural ~nywhere in this N4ortgsge, sMll be singular if one only and ~ shall be plura) jointly and severally if more th+n one, and that the wwd "their" as used anywhtre it~ this Mortgsge shall be tsken to mesn "his;' "hen;' or "its," whereve~ the tontext so implies or admits. Alw, that wherever there is s referonte in the covenanb and agreemenri herein contained fo any of ~ rhe parY~es ~+ereto, the same shsll be construed to me+n as well as the heirs, kga) represent~tivet, successo+s and asigns (eithe~ voluntary by ac1 of the a parties or involuMSry by operatan of the law) of the same a~d that the covenants herein tontained shall bind u~d the benefits ~nd adwntsges invrt ; ro the respecrive heirs, kgal representatives, successors and au'yns of the p+rties hereto. ; Md said Mortg~gas, fw themxlves and their hein, legsl reprexMatives. successas snd auigns, hereby joimly and sevaally covenant and ~gree ' to snd with the ssid MORTGAGEE, its successors and sssigns: ~ 1. To pay all a~d tingular tF?e principsl and interest and ehe variovs and sundry s~ms of money payab~e by virtue of said prom~ssory note, and fhis 1 _ mwfgage, esch and erery. promptly on the days respedively fhe same severally become due. 2. To psy all and singular the taxes, assessmenn, levies, liabilities, obligations and encumbr~ntes of every nature snd kir?d now a+ said dewibed ~ property, a thst hereafter may be imposed. suffered. Plxed, leried, a suessed thereon, or thst hereafter may be levied or usessed upon this Mortg- 3 y age, a the indebtedneu secured hereby, each ~nd every, when due and payab~e. +ccording to Iaw, befo?e they become delinquent, and befwe ~ny imerest ; ~ anaches a any penalty is incurrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTLY SATISFIED AND DISCHARGED OF i RECORD AND THE ORIG{NAL OFfIC1Al OOCUMENT (SUCH AS. FOR INSTANCE, iHE TAX RECEIPT OR 1HE SATISFACTION PAPER OFFICIAILY ENDORSEU 3 OR CERTIFIED) SHAII BE PLACED iN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AfTER PAYMENI; and in the event that any thereof is not = paid, sstsfied snd discharged sa:d MORTGAGEE may at any t~me pay tF+e iame or +ny f»rt thercof witFwot waiving or affecting any option, lien, equity a _ •~qht u~+der or by virtue of this mortgage a~d the full amount of each and every such payment shall be immediately dve and payable snd ~hali bear interest ; irom the date thereof until paid at rate of nine per centum per annum and together w~th ~ i hal~~ ~he lien of th:s morgtage• ' BooK~z5 rw~K _ _ - - ~ ~ z:` F ~ " ~s _ ~ _ _ , _ . ~ _ ,~1