HomeMy WebLinkAbout0451 . ' t: ! 3 ` ~ 422
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30th AQsi l ~ ~ I?.D. t9 74 b.n~.a+
THIS INDENTURE. Mad~ th~ day of
ezs enden ~ s~~~i~a~in. his wilo ~
of Counfy Fiorid~, he+ein~f~N dNip~+~sd u tM "MORTGAGOR," ~nd FIRST FE~ERAI SAVINGS AND IOAN
St . 1uc ie ~
ASSOCIATION Of fORT PIERCE. a corpu+t~an orp~nis~d and exutinp undN tha lavqs of ~Ir VAMedi1~{~! of Am~~iu and Mvinp lri princiPa~ pf~u of
busin~ss in th~ City of fon Piac~. St. luci~ County. fbrids. FIff~IMltlf dlf~MlOd ai t~M aCs~ oO. oO
WHfREAS iM MCRTGAGOR is luuly indebted ro tM MORTGAGEE in 1M wm of S ~ 8 pood ~nd I~wful money of ihe United
S+ates advanced by the MORTGAGEE u~to ths MORiGAGOR, as evidenced by'a certain promisiory S+Dte of even date herewilh of wh'~th 1M folbwinp in
worda end fiyuret is a true copY, to-wif: ~ l~Z~$48
s 14~8~~00
Fwt Pierc~. F~«~d~, Apr i 1 30 ~ 19 74
Fo~ value reteived, I, we or either of us, prwn:se to p+Y. 'N~~ha+~ defalcalion, to ths order of FIRST FEDERAL SAVINGS ANU IUAN n~.~tri.~h~~vri vr ~
FORT PIERCE a1 Fort Pierce, flwida, the sum of j 14~8~'~0 w~th interest trom date at 1he rate o1B'9 96 pd ~p~um, in mwUhly install- ~
~=•e~ts as fouowi: i-134.~~ 2~hd+y of June ~q 74 and a like sum on the care~paulinp day of each mo~th the~r #
afrer unlil the wAo!e be fully paid.
~ Esch inatallment first shall be applied in payment of the inte~est snd then on the unpaid balance of the princip~l sum. If default is msd~ in tla
~ ay+neM of any installmenl when due, and such default co~tinues 30 days, then at tha optio~ ot the holda, snd without sny oth~ eotice, all the rerrNinl~q
~nsrallmeNs sMll be due and p+yable at once. Privilege is g~ve~ to prepay this i+ote in whol~ or in p+?t +~Y ~~~e w~'~ Pe^a~M• NO1~~ fa°bsuanct,
nor acceptance by Ihe hotda~ thereof after any default in anY paYments hereon, shall be deemed extension. A late payment chsrge of S 6• 7O , alull be
added to each installment remaini~g uopa;d 7 days after ifs dw dat~, and a Uke sum shalt be added to each tuch installment remaining uop+~d 7 d+lls ~h~~
each tucceed7ng paYment date.
Each maker, surety and endwser hereof, jointly and severaliy, waivcs demand, presentment protest and notice of protest for nonpaymen?. and furtt?K
ag+ees to any extension of time of payment, etther before w after matu~~ty, without notice to any of us; and to pay all tosts of collection, inclvdiny +
re~sonable attaney i fee in the event of any default Fxreunder, snd hereby severally waives all benefit of homestead and eaemplion undet the constituf'an
and laws of each State of the United States, as against this obligatiw~ or any extension or renewal hereof.
Witness the'hand and xal of each party.
~U
~aaviaa o v~v::v ~~,~`a.°.ij '
l~
Bessie Clandenin ~
~ ~22 • 20 1 State Revenue
14 ~ 800. 00 ,~d the perf«m~ece of th~
NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securing payment of ssid sum of s
covenants a~d agreemenb here'uwiler expreued, and (or divtrs good and v~lwble cons~der~tiorts, by ihese presenta, does grant, barpain, ull, remise,
reEease, co~vey and confirm unro the MORTGAGEE, its succeuors a~d +uigni, all that cenain bt, piece or puce~ of Isnd, tifuate, lying, snd beirg in th~
County of St. ~.IlCie snd State of Flwida, dewibed u follows:
?he East 47.5 feet of Lot 3, and the West 46.25 feet of Lot 2, Block 7,
of the replat of Pala Gardens as per p1aL thereof on file in Plat Book
12, at page 42 of the public recordsof St. Lucie County, Florida ?
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~ ~ STATE oF F -
or oocuMFNtA~Y ~O~~DA ~ R~ IN PAYMEM Qf TIU(ES
z~' ~ DEPi. OF REYEtVUE 5 TA M P T A X f
~ ouE oN cuss ~c° i~iws?e~ ~tsotta~ ~oPatn,
= P.e. = MAI-7•1t a Z~ ~ PURSUIIMT TO (~1APIER 71-13t. 11~TS OF 1~L~j~
b~ ~?~~Z ~ 2 2. 2 0 ~ ~oRR,?s
~ a~c c~~au~ oou~ si wc~ oo, ~
!ogether with •II and singulsr the tenements, hereditamenb and appurtances thereunto belonging or in +eywae sPPertainirg fharefo. and a0 renb, luws.
r.roceeds and profits auru3ng snd to accrue from said premises. +II of which are included in the ~bov~ and fwpany desc+~Ptb^ and habandum•
TO HAVE AND TO ~OID the above desvibed and gr+nted premises unto .the said MORTGAGEE, its wocesson ~nd +uiy"s f°+eva• Md th~ N~
'.10RTGA p! t~lZ heirs, executwa, administratws and assigAS, hereby covenann with rl+e s.id MORTGAGEE, ifs suctetsors ~nd astip^s.
~~J fran all lia» and ~
rhar - - lawfully seized of the said pren+ises in fee simpls; that the ssme art fne, clesr a+d disch+rped
orances in Iaw or in equity, and that they w~~~ a~ their ~;n wurant and def~nd ths titl~ to tM sam~ to tFw ++Id
',10RTGAGEE, its s~ccessors and sssigns, forever agai~st the lawful claims and demands of ~II perwro;
PROVIDED, ALWAYS that if the MORTGAGOR shsll p+y unto the MORTGAGEE the promistoty note heroinbefore desuibad and shall truly, promptly
a~d fu11y perfwm, d+scharge, execute, compkte, comply with and abide by each and every the stipulations, agreemenri, conditaro +nd tovenanfs of +~~d
o~o~nissory note and of this Morigage, then this Mortgsge snd the Estate hereby veated sh+ll ceas~ and be rwll and void•
IT IS UNDERSTOOD thst the word "Mwtgagor" whether in the singular w plwal s~ywhere in tha Mortg+pe, sF~+ll be sirgulu if one o~?ly +~d ~O
si,all be plural jointly and severally if mwe than one, and that the wwd "their" as used snywhere in this Mortya~e siwll lx t+ken to mean •'his.•• •'Mn." O
er "its;' wherever the ca+text so implies w adm~ts. Alao, that wherever there is ~ refere~ce in the covensnri +nd +preemenn h.rein co~r;u,ed ro.ny of
fhe psrties I~ereto, tMe same shall be constrved to mesn as well ss the heirs, ky+l representatrves, suaessws +nd sssipro (either volumary by act of tM
pari~es w involuntary by operation of the Iaw) of the ssme and that ~he coverunn herein conrsined shsll bind and the benefin ~nd advanfsy~s inun ~
rn
~o the respective heirs, kgal representatives, successors snd su°g~n of the parties hereto.
And ssid Mwtgsgors, fw themselves snd their hein, ley+l representatives, succeswrs and assgns, herebY lointly ~nd swaally toven~nf u+d spr~e
~o and with the said MORTGACaEE, in successors snd assigns: Y
1. To psY ~II and sirgular the principal and iMCrest and the various a~d wndry s~am of rtw~ey psYSble by virtve of ssid promiswry note. +nd this ~n
mortgage, each u~d every, promptly on the dayt respedively the same severally become due.
2. To psy sll and singvlu the taxes, assessrnents, levies. Iisb~Iifies, obligstaro ~nd axumbra~ca of every n+h+re and kiod now on s+id desa~d ~
property, or tMt hereaher nay be imposed, suffered. P~+ced, levied, w assesud thcreon, a tiut hereaha may b~ levi~d a ~ssesud ~Po~ thia Maq'
age, a tFk indsbtedness sea+red hereby each snd every, when due +nd p+yabk, according ro law, b~fa~ they becorrw delinqwnt, and befw~ an1? ir~a~ ~
a+taches a any pena~ty is ~ncurred; AND INSOFAR AS ANY THEREOf 1S OF RKURD THE SAME SHAU BE PRONIPTLY SATfSfIED AND DISCHARGE~ OF
RECORD AND THE ORIGIf3Al OFfIC1Al DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE S1ITISFACTION PAPER OFFICIAUY ENDORSED
OR CERTIFIED) SHAII BE PLACE~ tN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; ~~d in the event that ~ny ther~of is ~+ot
paid, sst"sfied +nd discharged sa:d MORTGAGEE may at any time psy the same or sny p+n tF+ereof withovt waivirg w affectirg any option. lien, pvity or
•~qht under w by vi+t~e of th~s mo.t9sge and the iull amount of cach and every such psyment shall be immedistely due and payable and ihall bear interest
~roT rhe da!e rhe~eo~ pa d a` rate of nioe per centum per annvm and topether with such interest shsll be secwed by the lien of th ~ morgfage.
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