HomeMy WebLinkAbout1240 THIS INDENTURE, Mad~ th~ 26th dsy of ~'YCh • A.D. 19 7'4 between
Charles C. Hayling. Js. and Mazurie J Havli
o~ St . T.11C1@ ~ County Flor~da, hereinafte~ de~igna~ed as the "MORTGAGOR:' snd FIRST fEDERAI SAVINGS AND LOAN
ASSOCIATION Of fORT PIERCE. ~ corporation oryanized and exis~ing under the Iawi of tM United Sa~~s of Ameriq and Mvinp its principal p!ac~ of
butir~ss i~ tlw City of Fat Pi~rc~. St. l~cis Couny, ilwida. hereinafter dea~gnated +s ~M "MORIGAGEE:'
WHEREAS 1M MORTGAGOR w justlY indebttd ro ths MORTGAGEE in the aum of i~~a4~ OO good a~d lawful money of the Un~ted
States advanced by the MORTGAGfE unto the MORTGAGOR, as evidenced by a certain promiuory note of eve~ date herewith, of wh;ch the followiny In
wwds and fiyures is a trw copy, to-wit: 10020743
=34.400.00 NO
Fwt Piercs. Florids. ~lCh 26 1914.--
'fw value reccivcd, we or either of us, pron+~u to paY, w~~ha+? defalcat~on, to the orde~ of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Fbrida, the sum of s34,4~.00 w;th i~reresl irom date at the rate o1~~-°'~o pe? annum, in monthly instatb
ments as follows: ~O5' ~ o~ the 2~th daY of ~y 19 74 and a like sum on the correspondirg day of each month the~r
af~er until the whola be fully paid.
Each installment first shall be apptied in payment of the interest and then on ~he unpaid b+~+~ce of the principal svm. If default i~ made in the
payment of any ins?allment when due, a~d wch default continues 30 days, then at the optan of the holder, snd without a~y other not~ce, all the remai~ing
~ns~allments shall be due and payabk at o~ce. Privilege is given to prepay this note i~ whole or in part ~t any t3me wish~t penalty NeitF~e~ fwebearance.
15.25, sha11 be
nor xceptsnce by the holaler ~hereof after any defavlt in any payments hereon, shall be deemed extension• A late payment tha~ge of =
added to each insfallment remaining unpa~d 7 days after iri due date, ~nd a tike sum shall be added ~o each such installment remain~ng unpaid 7 days after
each succeeding paYment date. •
Each mska, surety and er+dorser hereof, jointly and severally, waives demand, presentment protest and no~ice of protest for nonpaYmenf, and further
ag?ees to any extensan of time of payment, either before a after maturity, without not~ce to any of us; and to pay all costs of collection, indud~n9 a
reasonable anorney a fee in the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution
and laws of each State of ~he United States, as against this obligation or any eatension w renewal hereof.
Witness tFx hand and seal of each party.
S/ Char le s C. Hay~pQ. -~r - cse~W
. (SE/?U
S/ Mazuzie J Havlina tseau
(s~w
~ $51 .60 ) State Revenue
(S~s'ar~dl~~etd
NOW, THEREFORE, tfie MORTGAGOR for the purpose of securing paYment of said sum of ~ 34,400.~ ~nd the pe~formsnce of the
covenants and ag~eements hereinaftcr expressed, and for divers good and valusble considerationa, by theie p?esents, does grant, bar9ain, sell, rem~x,
release, convey and confirm unto the MORiGAGEE, iri successora arid assigns, ail that ce~tain lot, piece or pertel of la~d, tituate, lying, and being in the
County of St . 1~1C1@ snd State of Florida, dewibed u foltows:
Lots 4 and 5, Block 1, BENPON'S MANOR SUBDIVISION, as per plat thereof •
on f ile in Plat Book 14, page 18, of the publ ic records of St . Lucie
County, Florida,
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togNher with all and singular the tenements. hereditameMS and sppurtances thereuMO belonging or io anywise appertsining thereto, snd all renri, iuua,
oroceeds and profin acvuing and to acuue from said premises, al{ of which sro included in the sbove snd foreyoi^9 desu~p~'°^ +^d Fabe^du'n•
TO HAVE AND TO HOtD the sbove dew~bed +~d 9rsnted premises unto the said N10RTGAGEE, iri s~ccessws and assiy^s fo~~~~• ~ t~
MORTGAGOR fw their executors, sdministrators snd suigns, hereb~ covensnts with the ssid MORT6AGEE, its suctessors +nd assiprn•
that are ~aWfully sei:ed of the said premises in fee simple; thst the wme m free, ckar and dixharged from all -lie+~s u~d e~cvm-
branc~s in 1aMr or in equity, and that they W~~~ a~ their heirs sM11 warrsnt and defend the title ro the ssme to the ssid
MORTGAGEE, its s~rctesw?s and assigns, forever sgsinst the fawful claims and demandi of sll persons;
PROVIOEO, ALWAYS that if the MORTGAGOR shall pay unto the N40RTGA6EE the promitwry oote hereinbefwe desvibed +~d sh+~~ m+~Y• Pr«^Pt~Y
and fully perfwm, d~scharge, execute, compkte, comply with ~nd abide by euh and every the ttipu~aYwns, sgreeme~is. ~a+d~tiaa ~^d tovens^n o~ s+'d
promiuory note a~d of this Mwtgage, then this Mortgage and the Estste hereby uested shall te+se and be nutl end void.
~
IT IS UNDERSTOOD thst the word "JNortgagor" whetlur in tfic s~ngvlar w plunl snywhere in this Mortgsge, sh~~~ be sin~ufu if one only and
~ shall be plural joinHy snd severslly if more ths~ one, and that the wo~d "their" a: used snywhere in this Mortgage shall be t~ken to mean "his,•• ••hen••
~ or ••ib:' wherever the contcxt w implies w sdmits. Also, thst wherever there is s reference in the cove~ants and agreements herein cont~ined ta any of
tix parties hereto, the ssme sFwll be construed to mean si well ~s the heir:, kya) representatives, wtcesson and sssigns (either voluNary by act of the
~
= panies or imroluntary by operstwn of the law) of the ssme and that the covenants herein iontsined shall bind and the benefits and ~dwmsyes inun
to the respective heirs, leg+~ tepresentatives, succeuors and ass~gns of the parties hereto.
Md said MortgaQors, fw themselves and their hein, legat reprexntatives, succeuws and auigns, hereby jointly •nd severslly covenant and ~gree
t ro and with tF+e said MORTGAGEE, in wccesson snd auigns:
1. To p+y all and singvlar the princip+l and interest and the various a~d sundry wms of r?wneY PaY~ble by virtue of said promiuay note, a this
mortgsye, each and every, promptly on the days respectively ihe same severally became due.
2. To pay ~II ~nd s7ngulu the ta:es, assessmenn, levies, IiabiGNes, obligstions and encumbrances of every natvre and kind now o~ s+id desaibed
~ property, or that hereaher may be imposed, s~ffered. Dlsted, levied, a ~ssessed thereon, a tMt hereafta~ may be levied a assessed upon this Mort¢
sge, or tl+e indebtedness sec~red hercby, each and every, when due and psysble. ~ccordirg to Iaw, befwe they become delinquent, and before sny interest
attaches w any penalty ~s incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHALL BE PROMPTIY SATISFIED AND DIS~HARGEO OF
RECORO AND THE ORIGINAL OFfI~IAI DOCUMENT (SUGH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED
OR CERTIFIED) SHAII BF PIACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that a~y thereof is not
paid, sat'sfied u+d dixharged ss:d MORTGAGEE m~y at any time pay the same or sny part 1F~ereof without waiving ot affecting ~rty optio~. ~~en. equ~tY «
•~pht under w by vi~tue of this mortgage and the full amount of esch and every sucW;
hy~1 ihallsbe~'
~~+~u ~ by thePlienbof ths morqt~ye. ~~terest
~.om the date thereof until psid at rate o1 nlne per centum per ann A rM x~~
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