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Home My WebLink About2910 ~ 28:~159 THIS INDENTURE. Nlu~ thR 22nd day of ~4' - A.D. 19~4.. betw~a+ Henry D. Lavery and Janet G. Lavery, his wife oq St. ~?LlC iB Cp~nfy Flaidi, hereinaiter dcsignated as the "MORT~AOOR~= +~d ~~RST FE~ERAI'SAVINGS AN~ IOAN A$$O~;IATIOl4 OF fORT PIERCE, a torpaation organized and existiny uoder the laws of the Un~ted Sut~s of Ame~ica and hivi~ it~ p?incipal plac~ of busirxss in 1h~ City of Fat Vi~rce, St. lucie County, Flaid+, i+e?e~nafter deiignated as ~~30 OOO EOO ~ VMHEREAS tM MORTGAGOR is jvitly indebted to the MORTGAGEE in the sum af s • • good and I~~yf~l money of the U~ited Sratef acJvmced by lhe MORTGAGEE unto the MORTGAGOR, as evidenced by a ceriain promiuory no~e of even date hetewith, Of ~which ths followi~ in words and figwes is • trve copy, fo-wit: • z 30,000.00 r,~, 10020894 Fort Pierce, Flaid~, 22 ~9-Z4- for value recei~ec:. 1, we or either of us, p.omise to pay, without defalcation, to the order of FIRSi FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fat Pie~ce, Plorida, the ~um of =_3~YSC~-~ w~th interest from date at the rate of .~~6 per annum, in monlhly install- ~„en~s as ~otlows: 5-~~-~QO 2O day of Jul~--., 1924._ and s like sum on the corresponding day of each month therr ~irer ~ntil the whole be fully paid. Each i~stallment firsf shall be apptied in payment oi the interest a~d then on 1he unpaid balance of the princ~pal sum. If default is msde in tF~e F;rment of aoy installmenf when due, and such default continues 30 days, then at the option oi the holder, and wi~hout any other notice, all the remaioing ~:~srallments shall be due a~d payable at once. Privilege is given to prepay this note in whole w in part at any time without pena~ty. Ne~~het forobear+^te, ~ or acceptance by the holder thereof after any default in any paymems hereon, shall be deemed extension. A late payment charge of s-~~ sha~l be ~dded to each installment remainiog unpaid 7 days after its due date, and a Gke sum shaH be added to each such installment remaining unpaid 7 days after each sutceeding payment date. Each maker, surety and endorser hereof, joinlly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further ~~rees to any extension of time of paymant, either ~fore or aher maturity, without ~otice to any of us; and to pay all coats of collection, includiny a rr.,sonsble attorney's 1ee ~n the event oF any defa~;t hereunde~, and hereby severally waives a~~ benefit of homestead and exemption under tht constitution a~,d !aws of each State of the United States, as against this obGgation or any extension or renewal hereof. Witness 1he hand and seal of each party. s/Henry D. L,averv cs~?u (s~?U s/Janet G. Lavery ~q (s~?u _ ~`45.00 ) State Re~enue {6+~a~wra•ow~c~1~.~«..aryi.at.wrq 30 000 00 NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of S ~ ' snd the performance of the covenants snd agreements here~nafter expressed, and fw divers good and vsluable tonsiderations, by fhese prexnts, does grant, baryain, sell, remise, reiease, tonvey and confirm unto the MORTGAGEE, its sucteuors and auigns, alf that certain lot, piete w percel of land, situate, lying, and beinp in 1hs Ccunty of $t. Lucie and State of Florida, described ss followt: The South of the SBI~ of the NB a of the NB; of Section 9, Township 36 South, Range 40 6ast, less East 33 feet for Oleander Avenue Right-of-Way, i ~ ~ STAT aF FLORIDA ~ ~ ~p OOCUMENTARY,~=':-,,,STAMP TAX ~ c°~ - pEPT, QF REYENUE ~ Pe.= ~u?rt~•7~ ~ 4 5. 0 0 1 N = ~~~ot ...E~ _ ° 0• DC.)- ~t+ .F ruc~ RECfIVED _ DUE ON CU15S'C' INTANGIBLE PE PxOPERIY~ pURSUANT TO CHAPfER 71-134, ACIS OF IY71. R06ER POITRlIS ~ CLFR'K CtRq11T OOURT. 5f. Lt1C1E 00, FiJI. together with all and singular the tenements, hereditaments and appurtsnces thereunto belonging a in anywise appertainirg therero, and sll rents, issues, proceeds and profits accruing and to accrue from said premises, alI of which are incl~ded in the above and foregarg desuiptio~ ~nd habendwn- TO HAVE AND TO HOID the above deu~ibed and granted premises unto the ssid MORTGAGEE, its s~tcessors and assiy~s forever. Md tM said •,tORTGACaOR for he~rs, executws, administrators and ass~gns, Fxreby covenanri with the said MORTGAGEE, its wccesson +nd assipro. fnat - thP,j~ a-~g--- lawfully seized of the said premius i~ fee simple; that the sune are free, ck+t and dixhsrged from all (iens and encum~ b.ances in law or in equity, and that th~)L--- will and thpi r hein shall w+rrant snd defend the title to the s+rn~ to the said 't,ORiGAGEE, its successors and suigns, forever against the lawful claims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORiGAGOR shall promissay rate hereinbefore drstribed and if+~ll frvl , om t pay ~nto the MORTGAGEE the Y a P~ and fully perform, d~uharge, execute, compkte, comply with and abide by each and every the stipulations, agreemenri, co~ditans +~d tovensnts of s~id ~ ~romissory rate and of this Nbrtgsge, then this Mortgage and the Estate hereby aeated shsll ce+se and be null and void• IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural enywhere in this Mortgsge, shsll be sing~lar if one only and ~ shail be plural jointly snd severally if more thsn one, and that the word "tF~eir" as used anywhere in this Mwt~sge shall be taken to me~n "hi~;' "hets," ~ or "its;' wherever the context so implies w admits. Alw, that wherever there is a reference in the covenants ~nd ~greemenri F~erein oonta'x~ed to any of ~ !he partiei hereto, the same thall be co~strued to mean as well as the heirs, legal representatives, successors and essigns (either volunNry by acf of th~ ~ parttes w involuntary by operation of the law) of the same and that thr covenann herein contained shall bind and the benefits and adv~nt~ges inwe ~ ro the respective hein, lega) rcpresentatives, successors and ass'gns of the psrties hereto. n /1nd taid Mortgagors, fo~ themselves and their heirs, legsl repreumatives, successws and auigns, hereby jointly and sever+lly covensnf snd spr~e to and with the said MORTGAGEE, its successors and sssgns: 1. 1o p+y sll snd singula~ the principal and interest and the vsrious and sundry sums of money p+yable by virtue of said promissoty nofe, and this mortgage, each snd every, promPtly on the days respectively the same severally become due. 2. To pay ~tl s~d singvlsr the taxes, aiiessmenn, levies, liabilities, obligations snd encvmbances of every natv~e +~+d kind ~ow on taid describad property, w tl~at hereafter may be imposed, suffered, plsced, levied, or suessed thereon, a that hereafter may be levied or u~essed vpon this Mort¢ age, u the indebtedness secured hereby, each a~d every, when due and paysble, xcwding to law, befwe they become deli~que~t, and befor~ aey imaat attaches w any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PRO1NPTlY SATISflEO AND DISCHARGED OF RECOR~ AND THE ORIGINAL OfFICIAI OOCUMENT ISUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SA715FACTION PAPER OFfICIAIIY ENDORSEO OR CERTIFtEO) SHAIL BE PL/?CEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that ~ny thereof is no1 pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same a any part tlxreof withovt waiving a affecting any option, lien, eqvity o~ ~~qht under or by v~rtue of this mortgage and the full amount of eacF~ and every such payment shall be immediately due snd payable and shall bear interest ~~e-r rhe di+e +r~e~eo~ unrli Fa d af rate of nine per centum per annum snd toge~he? w~th such interest shsll be secured by ihe lien of th s Torq!aqe . - - - - - - _ =~a _ -F ' ~i~~1.~' . . . _ . . . ~..in-..:~.__.~.-_.'. _ .