HomeMy WebLinkAbout2951 i~`I ,aJV~~ , e ~ w', • ~r
~?pril au. iv 74 ~nN.«+
THIS INDENTURE, IWda il» 9th ~y of -
Csrl F. Mazt n an rg n s . sr n, s w e ~
of SL . Lucie , Ca,nty FI«id+, MreMaf~M a~t~~i `M "MORTGAGOR," and 'IRST fEDERAI SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a corpaation orpanised ~nd ~x~stinp undK~4h~ I~ of~ ~Rs,?l~~ . 5t ~a of Ameriu ~nd h+vinp iri principal pl~c~ of
bus~ss in the Ciry of FoA Pi~ru. St. lvci~ County. Florida. I+ae'uWft~r dssipnat~d as th~ "MORTt6~1~K'
16 s 8Q~ axl lawful mawy of the United ?
WHEREAS tM MORTGAGOR is lwdy ind~btad 1o tM MORiGAGEE in th~ wm of ~ 9°Od
Stat~s advai+ced by tt+~ MORTGAGEE unto th~ MORTGRGOR, as evidenced by + un+in P~on^'swry, ^o~~ d sven date her~with, of which the followinp in `
wwds and f' vns b a trw copY, to-wit: - 10020779 +
= 16 , 8~0. 00 • , ~ ~'~O 4 - ~
. Fwt Pi~rca, Flaida. APr i 1 9, 19 i
For valw received. 1, we ot either of us, prom~ss to pay, without dsfalcation, to ~he order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION OF `
FORT PIERCE al fwt PiKCe, Fiwida, the ium of ~ 16 • 8~. ~ with interesl from date ~t the rafe of 8• 9 % p~ '^~^~h~Y ~^stall- ~
ments as follows: i 152.~ on t1a20th d+Y of MaY ~ iq 7'4 and a like ivm on ths correspondiny day of each mo~th therr
afte~ ~ntil the whOle be fully paid•
Each installment fint shall be applied in psymeM of tM interest and ttxn on tM unpaid balance of tlw princip~t sum. If defauh ii mads in the
payment of sny instaltment when due, and such defautt contin~es 30 days. ther~ at the optia? of the holder. and without any other notice, all the remsin~np
~nstatlments sMll be due and payable at axe. Privilepe b 9ivtn ro prepay this note in whole w in p~rt ~t sny time without pensHy. Neithet forebes?snte.
nor sccept~nce by the holde? thereof after any default in aoy paymeNS herew~, shall be deemed exterriron. A late p~y~+ent ch+ry~ of i 7• 6O shs~~ be
added to each installmem ~emaining ~npa~d 7 days aher ib dw date, and a like sum shall be added a eacfi wch installment remaining unpaid 7 days sfta
each svcceedinp payment date. ,
Each maker, surety snd endorse~ he+eof. iantFy and uverally, waives demend, preu~tment protest and notice of protest fa nonpayment, snd furthet
egrees to sny exteniroa of tune of p~yment, either before w afte? msturity, without notice to any of us; and to pay all costs of cotledion, incfuding a
reaso~able attorney's fee in the event of any defauft herew~de~, and he~eby seversUy waives all benefit of homes~ead and exemption u~dtr 1!a cw~st~h+lion
and taws of esch State of ~he United States. as against this oblig~tion w sny extension or renew+l hereof. •
Witness the twnd ~nd seal of each partY. .
(SE~U ~
s/ Carl F. Martin ~?q
cs~?u
a/ Virginia D. Martin ~
~ C? S_ 20 1 State Revenw .
4sr+iopa:w~.sled.ow ~u1-wae) 16, 800.00
NOW, ?HEREFORE, th~ MORTGAGOR fa the purpose of sec~rir+g payment of said sum of = , and the pe?fo~mance of the
coven~nts u~d spreemar~ts hereinaftc~ expressed, end for divers good and wlwble conside~+tions• by these prase~ts, does grant, baryain, sell, remise,
relrase, conwy and confirm unto the MORTGAGEE, its successors u+d assigns, all that ceruin lot, pieu or parce~ of land, sitwte, lyin~, snd being in tAs
County of St . Lueie ~nd Stafe of Flwida, dewibed fdlows:
Lot l, Block l, REPI.AT OF PAU~I GARDENS, aa per plat thereof on file in
Plat Book 12, page 42 of the public records of St. Lucie County, Florida
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~n OOCUMENtARYs~°"
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~ ` RH~IVED • ~O ~ fil PAYMENi OF TAXB
~ Dlk ON Cl11SS 'C INTANGIBIE PEZSON,IL PROPERIY.
pURSUANT TO CF1AP'E4 71-134. 11~(S OF 1911. ~
ROuf~ POITFtAS
CLEaIC CiItWiT W~kt, yt. l~x:~E CO.. FtA
rogether with sll a~d singular ths terKments, hereditamenn and +ppunances therevnto belongirg w in anywise ~ppettsininy thereto. ~nd all ~~nn, iuues,
proceeds ~nd profits xauing and to scuue from said premises, all of which ue included ir? the sbove and fwe9any descriptio^ ~^d h+be^d~^~' _
TO HAVE AND TO HOW the ~bove desvibed and yranted premiies ~nto the said MORTGAGEE. Ns a~rocessors +~d +uiy^s fonve~. Md tM said
MORTGAGOR fot their ~•~~~executors, sdministrators and auigns, hereby coven+nb with the asid MORTGAGEE, its successon ~nd +ssfD~s•
~hat they a re lawfuly seized of the said premises in fee simple: that the s+me ue fne, ckar snd dischsryet! from all liens and ~ncum-
they the~r ~~n sha11 wura~t and defend the titk to the sams to tM aaid
brae~ces in Iaw or in equity, and tiut will and
MORTGAGEE, in svccessors ~nd suigns, fwever sgaiint the bwful claims and dem~nds of all persaus
~ PROVIdED. ALWAYS thst if Ihe MORTGAGOR sMll pay unto the NWRTGAGEE the promistory note hereinbefors destribed ~nd shall truly, promPHY
;n and fully perfwm, discimrqe, execute, compkte, comply with and sbide by esch and eve?y the stipulations, syree~nenb, conditio~ ar~d oovenan» of said
~ promissory note ~nd of tha Mwtg+ge, then this Nbrtgige snd ths Estste hereby aeated thall cesse u~d b~ null and void.
~ IT IS UNDERSTOOD tFwt the word "Mwt9syar' whether in the singulsr or plwal ~nywher~ in this Matgaye, sh+ll be sinpulu if one only and
~ shall be p~urel jointly ~nd sevaally if mwe tMn one, and that the word "their" as used ~nywhero in this Nlortgape sh~ll be taken to me+n "his,'• •'hen," wo
or 'iri," wherever the conte:t w implies or admits. Also, tl?at wherever tF?ere is a referentt in the tovenaNa se?d s9reemenri herein oontainad to any of o~p
rhe psrties hereto, the ume sh+ll be c«?~trved to mean as well ~s the hein, leyal rtpress+~t~tives, svaesson +~d essip^s (either volu^ury by act of th~ ~
part'~es or im,oluntary by opc?atan of tt+e taw) of the same snd that the covenants herein contained sMll bind and the bensfin and ~dvamay~s inur~ ~
ro the resp~ctiw hein, kpal representsYrves, wccessas snd au~9ns of the puties hsreto. ~ w
' /?nd ~aid Mortyagors, fw themselves ~nd their fi~in, legal representatives, s~ctesson +nd +ssi9ro. FarebY lointly and severs~ly tovenant snd ~yr~e ~
ro snd with the said MORTGAGEE, in svccessors ~nd auigns:
1. To p+y all u+d sirgvlar the principal and i~terest ~r+d the various snd iundry sums of mo~eY PaYabk by virtue of said promissory note. ~nd this ~
mortgs9e, each u~d everY. P~«^P~h a+ the days respectively the same severally becorn~ dw.
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2. To pay all and sinyula the taxes. +ssessmenn, kries, liabilities, obligstio~s snd encumbrances of every natwe snd kind now on s+id desuibed ~
si y
proparty, w that MresNer may l» unpowd, wffered. P~aced. Ievied, a assessed ther~on, a th~t Mreafier may b~ levied or auessed ~rpon thh Maro' ~
age, or t}w indebtedness secured herobp, ea~fi and wery, when due ard paYabk, aa«di~y to law, befor~ they become delinqwnt, and before any interest
attaches w any penalty is incwred; AND INSOfAR AS ANY THEREOf IS Of RKORD iME SAME SHAII BE PROMPTLY SATISFIEO AND~ISCHARGEO OF ~
RECORO AND THE ORIGINAL OFfIC1Al DOCUMENT (Sl/CH AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISfAC710N PAPER OFFI ALIY ENOORSE~
OR CERTIfIED) SNAIt BE PLACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT= a~d i~ the ewM th~t any thereof is not
paid, sat'tfied and diuharged sa:d AAORTGAGEE may at any time pay the same or a~y part thereof without waivinp a affectiny sny option, lien, eq~ity a
•~qht under a by virtve of this mortgage and tlx full smount of each and every wch payment ihall b~ immedistely due snd psyabk and shall besr interest
- irom the date the?eof until paid st rate of nine per cent~m per ~nn~m snd toyether with s~ch interdt shall be secured by the lien of th:s morgta9e.
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