HomeMy WebLinkAbout1950 2804'79 ~ ~
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• ~ A r i 1 A.D. 19
tHI~S.WDENTURE lwdil $a.~ Rth day of p
o Hall and KathPrinw Hall., hia wiFe
of ~t.~ -~~r~p CountY Fla~d+. Mreinsfta desgn~ted +s tM "MORTGAGOR,° ~nd FIRST FEOERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, • corpwatan wp+nized ~nd ~xis~inp ur+der tM Iaws oi the United St~t~s of~ 4meric~ and havinp its p~incipal plaw of
bu~insss in tFw City of Fort Pi~res, St. lvcis Cou~ty, florida, hereinaft~r des' nat~d •s t!» "MORTGAGEE."
and lawful money of the United
WHEREAS tM MORTGAGOR is jvstly indabted to tM MORTGAGEE in 1~ lvAl.of ' 9°Od
S?etes adv~nced by the MORTGAGEE unto the MORTGAGOR. as ev~denced by a certsin prom~uorY nots of even date he~ewith, oi wh~ch ~he (alowin~ in
wordt and fi9urei is a trw copy, to-wit: ' • ~ 1OQ2O81O
= 14,300.00 . - . •
fort Pierc~. Plaids, ' Apr i 1 1 _19.~Z4__
Fw value received, 1, we d either of us, prom~se to pay, withwt defa~cation, to the wder of FIQST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of S 14 3~ . with interest from date at ths rote of °'ro pe+ annum, in monlhly instal6
~nents as follows: S 129 . 00 a? the d+y of M''3~V , 19 7'4 snd a like sum oo the caresporxl~nq daY of each month there-
aftcr vntil the whole be tully paid. ~
Each inatallment firit shall be applied in payment of the interest anb thcn on the unpaid balance of the' Qrincipal ium. If default is made in fhe
payment of any instsllment when due, and s~xh default continucs 30 days, then at the option of the holder, and wfthout any othe? notice, all the remainin9
~nsullments shall be due and payable at once. P~ivitage is given to prepay fhis note in wfiole or in paH at sny time without pena~ly Neither iorebear~nce,
nw acceptance by rhe holder thereof after any defauM in any paymeMS hereon, shall be deemed extension. A late psyment chargs of S 6. 45 _ shall be
added to each i~stallment remaininp unpaid 7 days after its dve date, end a tike sum shsll be added to each such installment remaining unpaid 7 days after
each succeeding payrtunt date.
Each maker, surety and e:~dwser hereof, jointly a~d severally, wsives demand, p~esentment protest and no+ice of protest fw nonpaYment, snd fuhher
agrees to any exteniwn of time of payrr~nt, either before o~ after maturity, without notice to any of us; a~d to pay all tosts of co!leclion, i~d~d~ng a
reasonable attorney i fee in the event of any defa~7t hereunder, and hereby severally waives alt bcr+efit of homestead and exemption under the constit~tion
and Isws of each State of the United States, as against this obligafion or any extension o~ renewat hereof.
Witneu the hand and seal of each party.
5~ Georqe H~11 (SEAU
(SEAL)
s/ Katherine Hall (SEAIJ
cs~W
~ $21 .45 ~ state Revenue
NOW, THEREFORE, the MORTGAGOR iw the purpose of ucvring payment of said sum of s 14 ~3~~ . 00 ,~+d th~ P~rfama^~e of the
covenants ~nd agreements hereinafter expressed, and for divers good and valuable considerations, by these p?esenis, does grant, bargain, ull, remise,
release, co~vey and confirm unto the MORTGAGEE, its successon and assigns, all that certeio bt, piete w p+rtel of Isod, situate, (ying, snd being in ths
~ $t . Lueie and State of Florids, describad as follows:
The East 1/2 of the NW 1/4 of the
SE 1/4 of the SW 1/4 of Section 9,
Township 35 South, Range 39 East,
St. LuCie County, Florida comprising
; S acres more or less.z~
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f S
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~ together with all and singulsr the tenements, hcreditaments and appurtances thereunto belonginp w in anywix ~ppeAaininp thereto, and all rents. issws.
proceeds and profits acuuing and to aca~e from s~id prem~ses, s!I of whid~ are included in the sbove and fwegoirg desuipYan •nd h+bendum.
~"i TO HAVE AND TO ~OLD the above desu~bed and graroed p~cmises unto the said JNORTGAGEE, iu s~ccesion u+d assiCns fwever. Md ths s+id
MORTGAGOR for thei r executon, administrators and auigns; hereby toven+nri with the s+id MORTGAGEE, iri wcceuors ~nd ~ss~pns,
that a r e - lawfully se~zed of the said prem~ses in fee simple; that the same +re free, ckar and discharyed from sll liens + encum~
~ they
~ brances in I+w w in equity, snd that thev M,~~~ a~ their h~in iha11 wurant and defend t1~e title to the same to the ssid
= MORTGAGEE, its svccessws and assigro, (orerer againsf the lawfol ctaims and demands of all penons;
" PROVIDEO, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the ptomiswry note hereinbefwe desvibed and shsll truty, pranptly
and fully perfwm, d~uMrge, execute, complete, comply with and abFde by each •nd every the stipulst~on~, agreements, conditiorn snd covenanri of said
prom~ssory notc and of this Mortgage, then this Mortgage and the Estate hereby ueattd shall usse and be null and void-
IT IS UNDERSTOOD that the word "JNortysgw•• wfiether in the singuiar w pfural anywhere in this Mwtyaqe, shall be iinyular if one o~ly and
shatl be plursl joiotly and severally if more 1Fwn one, and that the wwd "their" as used anywhers in this Mort9sge shall be tsken to mean ••his•• ••hen•• ~0 ,
or "ib;' wherever tFx context so implies or admiti. Alw, that wherever there is a refe~ence in the covenanri +nd +9~eeme^ts herein comsined to any of
" the panies hereto, the ssme shall be construed to mesn ss well as the heirs, legal r~presentatives, succeuors snd usigr?s (eitFxr volunt~ry by atl of tIN
parties w involuntary by operaYan of the law) of ihe same and that the covenants herein contsined sF?~II bind ~nd the benefin and advantapd inur~
to the respective heirs, kgsl represemativcs, wccessors snd ssryns of thc psrties hereto.
And said Mwtgagors, fw themselves and their hein, legal representatives, successon and +uigns, hereby jointly and severally covenaM a ~yrae
to snd with the ssid MORTGAGEE, its successors and auigns:
- 1, To pay all and sirgulsr the princ~pal and interest snd the various snd sundry sums of money psy~ble by virtue of said promissory note, snd this ~
_ mort9sge, each a~d every, p?omPtly on fhe days respectively the ssme uverally become due.
2. To psy all and singvl~r the taxes, asseumenri, levies, li~bilities, obligationa snd encumbrances of every nature and kind now on s+id destribed ~
Fy-~~; preperty, w th~t hereaher may be im~wsed, suffered, placed, levied, a auessed thereon, or that hereafte~ m~y be lev'~ed a usessed upon this Mort~'
a~' age, a ths indebtedness secured hereby, each and evay, when due and p+yable, xcordinp to Isw, befw~ they become delinqueM, ard befwe ~ny inter~st
yi'.:'s
~.~4~ attaches or any pen+~ty is intuned; AND INSOFAR AS ANY THEREOF IS OP RKORO THE SAME SHAIL BE PROAAPTLY SATISfIE~ AND DISCHAR ED
RECORD AND THE ORIGlf3Al OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX REGEIPT OR THE SATISFACTlON PAPER OFfIC1AllY ENDORSEO
OR CERTIFIED) SMAII 8E PLACED IN THE HANDS Of SA~D MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any ther is not
= paid, sat'sfied ~nd dixhsrged sa:d MORTGAGEE msy at any time pay ~he same w sny part thereof withovt w+ivi~g or effectirg any option, lien, equity or
~r-= •~~ht voder w by virtue of this mortgage and the full smount of each and every tuch payment shall be immediately d~e and paysble and shsll bear interest
jrom the date thereof until paid at rate of nine per centum pe~ annum and toyether with such interett shsll be secured by the lien o4 th:s mwgtage_
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