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HomeMy WebLinkAbout2235 ~~1~ T ~t~ , , 15th , ~.o. ts~2.4~'b.tW.«~ 1HIS INOENTURE. Ma~ th• day of ~ . Rohert 1~l.__r~Y_and Griselda S Coic his rrife of St • L11C~@ ~pvnty Fbrida, .here~tNitp dcsignated +s Ihs "MORTGAGOR," +nd fIRST FEDERAI SAVINGS AND IOAN ASiQ`,fATION Of FORT PiERc.E, ~ cwpaation aqa«+zed snd szisting ur.dm rhe law~ oi tf~ Unn.d S~~t~s of Am~riu and Mv'u+p in p~incipal plac. of b~si~ss te ~M City of fwt Pierce, St. lucie County, Flaida, herainaftsr de~iynated as ths "MORTGAGEE." WHEREAS tM MORiGAGOR is justly indebted ro 1M MORTGAGEE in 1F~e sum of i 35 ~Q`~0 pood 1nd lawfui money of the United Srates advanced by the MORTGAGEE unto ~he MORTGAGOR, as evidenced by a certa~n {xomisswy note oi eve~ date herewith of which ths folbwinp in ~ords and tigurei is a uus copy, to-w~t: ~ 10020883 s35,000.00 Fwt Pierc~ Flwid~, May. 15 ~yTd For value ~cceivad, we or either of vi, promix to pay, without defalcat~on, to the orde~ of FIRST FEDERAL SAVINGS ANO IOAN ASSOC~ATION OF FORT PIERCE at Fat Pierce. Florids, the sum oi S~~~-~~ ~ w~ti~ lnterrst from date et the rate of ~Q9's per annum, in monthly insta~l- „e~.r: as foltows: 52~~- ~h-- day of A•,9~.t------• 19_ 2~- a~d a like sum on the corrosponcling day of each month therr after until Ihe whole be fully paid. E~ch installment tirst shall be appl~ed in payment of the interest and tl,en on !he unpaid balance of fhe princ~pal sum. If defavlt is made in ths Fai~nent of any installme~t when due, and such defau:t continues 30 days, then at the option of the hotder, and without a~y other ~otice, all the remaioing ~~~sta!Iments shall be due and payable at once. Privilege is given to prepay this note in whole w in part at sny tirt?e without perwlty. Neithtr fwebNrante. ror atteptance by the holder thereof after any defau!t in any payments hereon, shall be deemed extension. A late psymeM th~rqe of y..~as.u-as sha~~ bs added lo each installmeM remaining unpa,d 7 days after its due date, and a like sum shall be added to each such installment re.naining unpaid 7 days ~fter each succeedirg payment date_ Each maker, surety and endo~ser hereof, joinlly and severally, waives demand, present~nent profest and notice of protest fo? noqua~'ment, and fuAher agrees to any eztension oi i~me oi paynkni, e~~~~rr bc~~re ar after masw~ty, ~veth~~e ^^!~ce ±o a~y of us; and to pay all eosts of collection, including • rrasonable atto~ncy's fee in the event oE any de(ault hereunder, artd hereby seve~ally waives all beneFit of homestead and exemplion under fhe constitWion e~~d laws of each State of the United States, as against this obligation or any ex~ension or renewal hereof. Witness the hand and seal of each party. COX s/Robert M. ~wt~ ts~?U s/Gr iselda S. Cox ~wu (s~?u ~ _ ~ 52 • SO ~ State Revenue i&e~np~ s~n~.eiled~w ~e~igwwl~no~e~ NpW, THEREFORE, the MORTGAGOR for the purpose of securing paymenf of said sum of S_~~~~-00 , and ihe performance of fhe coYenants and agreements hereinatter expressed, and fw d~vers good and valuable cons3derations, by these preser+ts, does grant, bargai~, sell, rem~se. rrlease, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, ali that certain bt, piece or patce~ of Iand, situate, lying, and being in 1hs Ceunty of St. T-~~[`iP - and State of Flwids, desuibed as follows: ~i RTV~R OAK ESTATBS, according to the plat theYeof on file in Plat Book 16, Page 5, Public Records of St. Lucie County, Florida, ; n ~ S`1`ATE ~F FLC~RIUA l ~ o= DOCUMENtARY STAMP TA?: ~ c-~ O7 DEP7 OF REYENIJE , _ _ ~ur2rr< ~ ~ = 5 2. 5 0 1 ~ N _ P.& o = i11A2 'y._, ~ ~ [',L ~ ~ tN PAriEtR OF TAXES DIE ON CI.ASS'C' 1lIUWGIBI.E PER90NAL PROP~ERiY. PURSIJANi TO CIYPTER 71-134, ACTS OF 1W1. ROGER POiTRAS D CL.ERK CIRqIIT OOURT, ST. UlC1E 00., FUl +ogefher with alI and singular tfie tenements, hereditaments and appurtances th~revMO belonging or in anywise sppe?tainirp thereto, ~nd a~~ reMS. issu~s• ' o~ocecds and profits accruing and ro accrue from said premises, all of which sre included in the sbove a~d fwegoin9 desc~iPtion and hsbendum. TO HAVE AND TO HOlO the a6ove desuibed and grantcd premises unto the said MORTGAGEE, its stxcetsors a~d +up~ forever. Md tM faid !.50RTGAGOR fw ---thell-__- ~~rs, executon, administrators and ass~gns, hereby coven~nri with the said MORTGAGEE, iri waeuors and +sig% •:,at -~h~-~11~--- lawfully seaed of the said premises in fee simple; that ti?e same are free, ckar and discha~9ed from ~II liero and ora~~tes in !aw ar 'sn e~L~sy, e~d thaF ~h~y vre!! and their hein ~hs11 wsrr~nf and defend ths title fo the s~me 1c fhe Nid ~ .'.ORTGAGEE, its successws a~d auigns, forever agai~st the lawful claims snd dema~ds of sll pertons; PROVIDED, ALWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE the promissory note heteinbefwe desctibed snd sh~ll 1rulY, promptly ~nd 'fully perfwm, dlxharge, execute, comp~ete, comply with and abide by each and every the stipulations, sgreemenri, conditions snd coven~nri of said .a crom~sso~y note snd of this Morigage, then this Mwtgage and the Estate hereby created shsll cesse and be nu~l ~nd void• Ii IS UNDERSTOOD that the wwd "Mortgagoi' whether in the sirgula~ w plural snywhere in this Mort~sge, sMll be sinyulu if on~ onfy and shall be plural jointly snd severally if more than o~e, and that the word "their" as used snywhere in this Mortysge shsll be take~ to mean'1?is," "hers;' cr "its," wherever the context w implies or admits. Alw, that wherever there is s reference in the covenants snd ayreemenri herein coMained to ~ny of rhe psrties hereto, the same thall be construcd to mean as well ss the heirs, legal represent~tives, suueuors a+~d auigns (either voluntsry by act of tl» parties o~ i~voluntary by operaYan of the law) of the same and that the covenants F~erein co~tained shsll bind and tF~ benefits and sdvanf~es irwr~ +o the respective heirs, kgal representatives, successors and au'gns of the parties hereto. And said RAortgagon, for themselves and their hein, tegal representatives, successors and auigns, hereby joiMly and severslly covenant and ynt ~o and with the said MORTGAGEE, its s~ccessors and auigns: • l. To psY all s~d singu~u the princip~l and interest and the various and sundry sums of money paysWe by virtue of ssid promissory not~, and fhu mortgage, esch snd every, promPtly c~n the dsys respectively the same severally become dve. 2. To p~y sll snd singulsr the taxes, asseume~+ts, levies, Iiabili~ies, obligations ar+d encumbr+nces of every n+h??e and kind naa on s+~d daa~ed properry, or th~t hereafter msy be imposed, suffered, placed, lev'~ed, or aueued tFxreon, or that hereafier may be levied a aisessed ~?pon this Mort~' age, a the indebtedneu secured hereby, each and every, when due snd paYsble, xcwding to I~w, before tF~ey betome delinqvent, and befae at~y interest attzches w any penalty is incurred; ANO tNSOFAR AS ANY iHEREOF IS OF RKORQ THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, TNE TAX RKEIPT OR 1HE SATISfACT10N PAPER OFfIC1AllY ENOORSED OR CERTtf1ED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; ~nd in the evenf that any thereof is rwt paid, sat'sfied and dixfiarged sa:d MO~TGAGEE may at any time pay tF~e same w any part thereof without waiving or sffettirg sny option, lien, equity or .~qht under or by vir~ue of th~s morrgage and the full amouM of esch and every such payme~t shatl be immediately due and payable and shall bear interest ~~o~^ the da~e }~c~ee' .~.r~I t» c a~ rate of nine pe~ centum per an~wm and together w~th such interesl shall be setured by the"~ien of rh s r•+orgtage. - - - _ = y~~ ~ -