HomeMy WebLinkAbout1327 ~ ~ - 74
THIS INDENTURE. IK~d~ ti» 9th ~y of ~V ~ A.D. 19-~ b~tw~
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~YS~*+ 1~11 ~d ~11 ~ ld {~11 h3 ~ r~ f~
of ~ ~C Counry Flotida, hK~u++(t~? dtsip^+ted as tM "MORTG/1GOR." +nd fIRST FEDERAL SAVINGS AN~ iOAN
ASSOCIATtON Of fORT PIERCE. • oorpa~tan o~qaniud +nd ~xi~tinp undK tM I~ws o~ the lh+it~d St~~~s of M~ka and h~?tnp in atnctp+l p1.u.of
bu~w In th~ City of Fon PiKa. St. l~ci~ Cow+ty~ FIWkIi. M~f1M}iK dfi~Mt~ u t!N l~T _~EE.~
WHEREAS tM MORTGAGOR is lwtiy G+d~bNd 1o tM MORTGAGEE in ths sum of ~ ~~7~7~7• yood and I~wful ww~»Y of 1!w Uni~«I
Ststes uJvanced by tM MORTGAGEE unto th~ MORTGAGOR, a evidenced by a tsrtain promiuay ~ot~ of ~ven date he~wvit!y of whidf 1M fdkrwinp ~fi
s~~'~d_ n.r~ ls a t?w copy, to-wit: : ~ 1~.~Z'~
vc~v c~v
w~ ri..~.. Fb.w.. Mav 9. ~974- -
For valw raceiwd, 1, vw or ~ither of us. prom~ss to p+Y. W~~~+a+t ~falc~tion, to th~ orda of FIRST fEDERAI SAVINGS /WD lW?N ASSOC~ATION OF
FORT PIERCE af Fat Pit?c~. Florida. the sum of f 18~ d~ with inrereir irom d~t~ ~t ~M raa of 9!
~G pa annum. M mo^rt'~Y iratdE
nxnn u foilows: i 165.~ p~ ~~tb ~y of '~LIA@ 19~_ ~nd ~ lik~ sw~+ on the correspondinp day of each month tMn-
afte~ ~ntil the wholt b~ fully paid. "
Each i~stallment first ihall bs applied in payment of tM interest and then on the unpaid b+lanoe of tM p?incipal ~um. If defsult is mads in tM
paymeM of a~y insr~llment whe++ due, and such default continues 30 days, then at tM opfion of th~ holde~, and witlw~t ~ny other notice, all the rem~ininp
~nstdhr~ents sh+ll bs dw and p+yabk st once. Privileye is yiven to prepaY this note in whole a in put at ~ny time without pen~hy. Neithar fonbtar~na.
rwr ~ccept~nce by the hoWer thsreof ~fter any default in anY psym~nb t+ereo~. sh+ll be deemed exteniion. A late payment d++~~e of ~8• ~ sMll b~
added ro each installme~t ~emaininy unp~id 7 days aftK iri dw dat~, and • like sum shall be sdded to each wch inst~Ument ran+iainy unpaid 7 days aN~r
each sucteeding paYm~^t date.
Each m~ka. wrety +nd a+dwser F~eof, joimly uid tevenlly. waives demand. prosentment protest and notioe of protest fw nonp+ymeM, and furthar
agrees to u?y extension of twne of p~yment, eithsr before or +Rer matvrity, without notice to sny of vs; and to pay a~l cosb of oollection, inctudinp •
reasonabk attor~ey i fee in tF~e event of ~ny defsuft hsreunder, and hereby severally waives all benefit of homestead and exemption urder ths tonstitulion
and laws of ead+ Stste of the Unit~d States, u against this obliy~tio~ o? snY extension w renew+l heraof.
~t~ess ths Mnd ud ssal of each pa?h~• I"jeli811 H811
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S~'~ StaM Reve~w
it~iqR761i~Gaiii~ 18 ~0 . ~
NOW, TNEREFORE, ths MORTGAGOR for ths pur~w~e of securiny payme~t of ~aid wm of = ~ . ~nd ths p~rfonn+nce of tM
covanann .nd apreema+n her~inafrer expreued, and for dive?s 9ood +nd wlwbk ca?s~de?atioos, bY thes~ presaeb, does yrant, barpaie?, tell, remise,
release. conwy and oonfirm umo t1~t MORTGACEE, iri succeswrs ~nd auiyns, all that cert~in bt. ~ieu ot p+rcel of land, situ~te. IYinp. ~nd b~ing in tM
Camty of $t. I.11Cle and Stat~ of Fbrid+, detcrib~d a fdlows:
Lot 2, Block 8, xeplat of PALM GARDffi~iS as recorded in Plat Book 12,
Page 42 of the Public Reoords of St. Lucie County, Florida.
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~ RECE'iE'C~ 5~~~-~' 1`I . EI~T ~f tAXES
~ QUE Oh ClASS'C Ik711tt~IBLE FE~S~ ~~~~~~c
_ ~ m a~w~r~ n-is~. +~s a
p~x c~a~ oou~ ts
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together with sH ~nd sirgvlar the tenert~?ts, hereditaments snd appurt~nces therevnto belorgirg w in ~nywise appertai~inp thereto, and all renb, iss~res,
pr«eeds and profits +aruing ~nd to ~ccrue from uid premises, all of wK~d+ are included in tM sbove and for~poinp description ~nd h~bendum.
TO HAVE AND pHQLD the abova dsscribed and ynnted premises uMO the said MORTGAGEE, ib waesson +nd +ssiyns for~wr. Md th~ s~~d
MORTGAGOR fw ~hell heirs, executon, administratws a?d ~uiyro, hereby aovensnn with the wid MORTGAGEE, its wouswrs and asipn, .
rhst they aZE Iswfully se"ued of the ssid premises in fee iunple: thst tM saen~ ue fr~e, cksr and diuh~rped from ~11 liem and encum-
brsnces in law w in eqvfi?. +~d th+t ~ey wHl +ad their hein shall wurant and defeod tM titb to th~ sam~ to tM s+id
MORTGACaEE, its suaesso~s and assigro, forewt +9a'xat the bwful daims +~d demsnds of ~II pano~ss -
PROVIDEO, ALWAYS thst if the MORTGAGOR shdl p~y unto the MORTCaAGEE ihe promisso?y not~ ~+e?~inbefor~ desa~ed a+d ~U m+~Y. W°mP?~Y
~ and fully perform, dischsr~e, exec~te, complete, comply with snd abide by esch a~d every the stip~lstiau. ~yreemenn, conditiom and eovei++ros of s+id
prom7s~ory note ~nd of this Mortgage, thsn this Morty+ge and the Estate hereby cr~ated ~sll cesw ~nd be null a~d vad-
IT IS UNOERSTOOD th~t the word "Mortys~a" whethe? in the sirgubr or plwsl anywhere in this Mwtyap~, sh+~l bs sinpulu if ont only a~d Q
shall be plwal jointly ud reverally if more th~n one, and that the word "thei?" ~s used anywhere in this Mwtyap~ sh+ll b~ t~ken to mean "his." ~
or "its,° whsrever the conteat w implies a sdmits. Alw, thst wherever there is ~ refetente in the o~ven~nts +nd +D?~emenb hetein oontai~ed to anfr
tF~e parties hereto, tM same sh+ll bs constrved ro mesn as well as tF~e l+ein, leysl r~present~tives, s~ccessora a~d +ssiyro (eitl+e? vol~ntary by ~ct of t
parNes or involuntsry by operation of the Isw) of the same a~d that the covenants harei~ containad sh~ll bind ~r~d the bensfib and advsntapes fnur
ro the respective h~in, ky+l represent~tivd, svaeasas +nd ass~ym of the puti~s hersto.
/?nd s~id Mwtysgors, fa themselves +~d their heus, kgal representatives, suaeswn and +ssipr?s. I+erebY loi^tly and s~verslly coven~nt s~+d apr
to and witfi the ~aid MORTGAGEE, its successors a~d ~ssi9?n.
1. To pay ~II ~rd sinpula~ th~ prinapsl and intaest and the various ~nd wndry wms of moneY P+Ysble by vinue of s+id pronussorY not~. +^d lhis
~9+9e, e+~ ~nd ~very. Pra^Ptly on tiw days respeclively the ssme severdly becan~ d~e.
2. To psy all snd sinpulu the ta:es, assessmenn, levies, lisbiliries, obliystions and enc~rrnbrances of ~very n+nK~ +nd kind now on s+id ds~ai~d
P?opKry• w that hereahK may b~ imposed, suffered. P~+ced• levied, or ~ssessed thereo~, w that hereaha may be levied a ass~ssed upa? this Maq-
~ge, or the irdebtednea secured hereby, each and every, wMn dve and peyabk, aawdinp ro law, before tMy becorn~ delinqwnt, aod b~fon aMr ht~rat
attathet or any pen+lty is inturred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND ~ISCHARGEO OF
RECOR~ AND THE ORIGINAL OFFICIAI DOCUMENT (Sl1CN AS, FOR INSTANCE, iHE TAX RKEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSED
OR CERi1FIED) SHALL 6E PUCED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ewnt that u?y tl~ereof is not
paid, sat'sfied snd dixhsrged sa:d MORTGAGEE may at sny t~me pay the s+me or a~y P+rt thereof witi~out w~ivinp a ~ffectinp +~Y oPtion. ~ie~. KW~1Y a
.~qht under w by virtue of this mort9sge and the fvll smount of esch and every such p+ymem ih+~~ be i.rrned'uteh due a^d P+yabk +i+d sFull bear im~rest
From the date thereof until paid at rate of n7ne per centum per ~nnvm and toyether whh such iMerest shall be secured by iM 1'ien of tb:s morytaQe.
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