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HomeMy WebLinkAbout2815 , 2i~3~'7~~ , , THIS IN~ENTURE. M~ Ih~ 5th ~y of Apxil _ 19 74~ be~WN^ Ma B. Daniel a sin l~ sdult of St. LuC~@ ~ Cpuny Florida, INrtioaR~t dssign~ted as tM "MORTCsAGOR;' ~nd fIRST fEOERAI SAVINGS AND IOAN ASSOCU1TfON OF FORT PIERCE. • cwporNion orp+~is~d and ~xittinp u~ tM laws of th~ Unit~d St~tn of AmKiu H?d Mvinp in principal plaa oi busi~s in tl» Gty of Fwt PiKC~. St, l~ch Ca~nty, flo~ida. lwretn~hu d~sipn+t~d a~ tM "MORTGAGEE." MF L~ ^ !!1 I` ^ V~ } e 1 S 000. QQ ~od lawful m«?~y~of tlx Un~ted WHEREAS tM MORTGAGOR b iwtly i~bf~d b th~ MORTGAGEE in th~ wn? of ~ a 9~ States advanced by tM MORTGAGEE unto th~ MORTGAGOR, ~s evidMCad by a cKtain promisw~Y not~ of evM dats MrewitFy of which ths followinp in wwds aod tipu~et h a trw copY. to-wih » ~ ~ 15,000.00 ~ ~~0 10020767 ~ w.? Pr~.. F~?w.. April 5, i974 fw valvs received, 1, we a eithe? of us, p~orr.ise to pay, without def~lcation, to the ada of FIRST FEDERAL SAVII~'GS AN~ IOAN ASSOC~ATION OF FORT PIERCE af Fo~f Pitru, Florid~, ihe sum of = 15 s~ ~ wifh lnterest from date at Ihe rate of 8• 9% pe? annum, in ma~thly install- ments as follows: f 135.~ on ths 20th day ot M8Y 19 74 +nd + like sum on ths correspond~np day of each ma+th therr afte~ until tM whole bs fully paid. Each instaliment fint sMll be applied in p+yma+t of tM interest and then on th~ unpsid balancs ot the p?inc~pai wm. if defauh is m+de i~ ths payme~t of any instailment when due, and such default co~tinues 30 days, then ~t the option of the holder, ~nd without +nY other r+otice, sll ths remsi~ing insullr.xnts ih+ll 6a due and payable N once. Privilege is yiven to prepay this oote in wlwl~ o~ in part at ~e?y time withovt pen+lty. Neithe? forebcaru~ce, nor acc~pt~nce by the hoWe~ thweof afte~ any defauh in any paymenb hereo~, sh+ll be deemed ~xt~+sion. A I~te paYn+ent ch+rpe of sh+~l b° added fo each instailrr~enf ~emaining ~npaid 7 daya afte? its due dats, and a like swn shall be added ro e~ch s~th i~sta{Iment ran+ining w+paid 7 days +ftN each sutteedir?p paYment date. Each maker, surey and endorsen c~reof. IaM~Y a~d severally, weives demand, prexntment protest and notice of profest fw nonpayment, and funher ag~ees to any extensan of time of payment, either before o~ sher maturity, without notice to any of us; snd to pay all costs of collection, includ~np + reasonable attw~ey i fee in the event of any default hereundcr, and hereby severally waives all benefit of homestead and exemption under the cautitution and laws of e~ch State of the United States, as aysinst this obligation w ~ny extensioo w?enew~~ he?acf. ~tness the Mnd and ual of e+ch parh. (S~AU s/ Niary B. Paniel, a sinale~?q adult ~y ~ (s~?q ~ ~ $22 . SO ) State Revenue (~anps~ ca~an~d ar vr+yh+sl-.A~s) 15 .000. 00 NOW, THEREfORE, the MORiGAGOR fw the purpose of secvring payment of ssid wm of = . and ths performsnce of th~ coven.nn sn~! ~prcemenn hereinafrer expressed, and fa divers good and val~able consideratioea by tt~ese presenn, dxs gSam, bar9ain, sell, remise, release, conwy and confi~m unlo ths MORTGAGEE, its avaessors and ~ui~ns, all that ceruin bt. piau or pucel of Isnd, sitwt~, lyirg, and beinp in ths ~~~ry ~ St . Lu cie and State of Fbrida; d~sa7b~d +s follows: Lots 5 and 6, Block 2, OLFANDER GARDdVS, as per plat thereof ar~ file in Plat Book Q, page 8 of the public r¢cords of St. Lucie County, Florida ' ' b - ~'q o~ ~OC_~N1ARY ~~~~I A I K~ ~ DfPT. fif REYEM E~'s YQ-___NiP j!1 a t i ~ . 's ew p~ ~'k-97I ~ ~ 2 ~ • O = 1110? ' " 5 ~ v , y.~ ' I i ~ ~ ~ ~ ~ p • o(i QE(~ryEp = Ifl PAYtdENi_OF TAXES DI~ ON CUISS 'C INTAHGIBLE PE ?'~Oti~! P40PER1~, pURSIW(T TO CFIAPIER 71-134. ACTS OF 19/L R06ER POITWIS m CLE~K CIRCUIT COURT. ST. LUCIE C0, Fl/? together with all s~d singular the tenements, he?editamen» snd sppurtsnces thereunto belonpin~ or in anYwi~e aPPertsininp thereto, and all renb, iuws. proueds ~nd prof~ts acuuing and to accrue from ssid premises, all of which sre included in the abov~ a~d forepoinp description aod h~bend~m. TO HAVE AND TO HOLD the above dewibed snd gwnted premises unto the said MORTGAGEE, its successors and +ug^s for~w~• I`^d tF~ s+W MORTGAGOR for heZ heirs, executors, sdminist~stus and suigns, hereby oownanri with the s~id MORTGAGEE, ib waeuws +nd +ssipm. rhst She i5 la,~vfuily seized of the s+id pemises in fe~ simple: that the aame u~ frN, cleu and discMryed from all liera and encum- brances in I~w w tn equity, and tl?a$he will and het hein shsll wsrr~nt ~nd defend the titfe ro the same to ths s~id MORiGAGEE. in successors snd assig~+s, fwever ayai~t tF+e lawful claims end demsnds of all persons; PROVIDED, AtWAYS thst if tl+e MORTGAGOR ih+ll pay unto the MORTGAGEE tht promiiwry note hereinl»fore described and sh+ll t?uly, promptly and fuily perform, dixhar9e, execute, compkte, comply with and abide by e~ch and every the stipulations, s9reerne~ts, conditaro and tovenants of said promissory note ~nd of this Mortgaqe, then this Mortgage and the Estste hereby veated ahall cease and be null +nd void- ~ IT IS UNDERSTOOD that the word "Mortgayw" whether in the singvlar or plwal ~nywhere in this Mortgage, sha~~ b~ si^pulu if on~ c^ty and shall be plural ~ointly and severally if mwe th~n one, and tMt the wwd "their' as vud anywhere in this AAwtyap~ sFull be taken to mean "his,'• •'hen:• ~O ~ oa "iri;' wherever ihe context w imp~ks or admits. Also, that wherever there is a r~fe?enct in tFw covenanN ~nd apreemenb herein contained fo a?y of Q the parties hereto, the same shall be construed to mea~ as well as the heirs, kyal r~presentatives. successws and as~iyro (either volumuy by act of tM panies o~ i~voluntsry by operation of the law) of the ssrne and fhat the <ovenaon F+ersin contained shall bind snd tM benefin and ~dv~ntsyss 1nw~ to the respective he'us, legsl repreuMstivp, successors +nd sss°~ns of the puties henro. qnd said AAortgegon, for themselves and the'a hein, kgal represenatives, successon +nd ~ssiq~s, hereby ioimly and sevaally cov~n+nt and ayne ~ to and with tl+~ aid MORTGAGEE, in successors u~d +uigns: 1. To pay ~11 a~d sirgulu tM principsl and interest ~nd the variovs and sundry wms of moneY WY~bk by virtw of said promistory note, apd tha ~ mwtps~e, eK1? a~d ~v~ry, promptly on tF~e days respedively the same sewr~lly become dus. j' 2. To p+y dl ~nd sin9vlu the tszes, sssessmenn, kvies, liabilities, obligations aed encwr?branus of every n~tw~ ~nd kind now oo ++id d~su~b~d R~I P~~~Y• a tMt here+her m~y be impwed, wffered. Placed, kvied, or asses~ed thereon, or th~t here+Mer msy b~ levied or ssses~ed vpon tfiis ~Mort~' ~1 aQe, a fFw indebtedness sea,red hereby, each and ~very, when due and psyable, sccwdinp to law, befw~ they become delinquent, and b~fore am( attaches or any penalry is incwred; ANO INSOFAR AS ANY THEREO~ IS OF RKORD THE SAME SHAII 8E PRONIPTLY SATISFIED AND ~ISCHARGED OF ~ RECORD AND THE ORIGINAL OFFI~IAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEO OR CERTIFIED) SHAII 6E PLACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenf that any thereof is not psid, s~Y.sfied ~nd discharged ia:d MORiGAGEE may at any time pay the samt or +ny part the?eof without wsiving a affecti~y sny option, lien. equity a •iQht under w by virt~e of this mongaye and the full amount of each snd every such psyment shsll be immediately due snd payabk ~nd ihall beu infaest ~.om the dete thereof until paid at rate of nine per centum per annum +nd toyethe? w~th ~uch interest ~hall be secured by ihe lien of th:a morgt~ye. :z r: - - - ``~-r ' ~ ~ , ~":~~r.~-~` ~ r y ~ss,,` ~µ.~y- _ . t~. y - ~ - r ' , S Y..,~ . ~d.., ~ . _