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HomeMy WebLinkAbout1435 28~216 ~ ~ ~ . ' THIS IN~fNTURf. M~d~ IM i~th day of JL^~ ~ s~ w ~ A.O. 19~--. betw~a+ ~ 2h~odoY~ L Mfild~r ~*~d Shirity~ M. Wia~XT l+i,~ +•~e o{ • Cpunry Fiorida, hereinai~K de~gnaied as the "MORTGAGOR," and fIRST FEOERAL SAVINGS AND l0 St Lnci~ ASSOC,IATION OF FORT PIERCE. a corpa~tion wyanu~d ~rd ex~stin~ w+d~+ the I~wf of ~ tM Un~ted Slat~s of M+aiu aod h+vinp its princip~l pi~u of busin~ss In ~he City of Fort Piace, St. lucie County, ilwid~. hereinafter designated a~ ths "MORTGAGEE." WHEREAS rM MORTGAGOR is juitly indsbred ro the MORTGAGEE i~ the :um of S is,~0.~ yood and Iawtul money of the Unifed Siatei advanced by tM MOR7t'iAGFE unto Ihe MORTGAGOR, as evidenced by a ceria~n prom~ssory no~e' oi even daN htr~with, of wh~ch th~ lollowinp ln ,n,ords and fiyures ii a trers copy, to-wi~: ~ j~'Z092'I s15,000.00 . . Fort Pieres, Flwida, `JU~I@ 1~ 19.~_ Fw value received, 1, we w ei~hcr of us, pro~nise to pay, without defa'ca!ion, ~a the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF :ORT PIERCE al fwt Pierce, Fbrids, the sum of S~-t-~•~ - w~ih i~terest (rom date at the rate of ~S6 per annum, in monlhly instal6 ~•~rn+s as fottows: i 4~ 3~0~-- ~~h~ 2-~bday of _____~ulY , 19 and a Uke svm on the cwre~pondir+y day of each month there- arter until the whole be fuily paid. Each ina~allnxnt first shall be app~ied in paYment of the interest a~d tl+en on the unpaid batante of the princlpal sum. If default is made i~ iM F:a~ment of any installment when due, and such defauh continues 30 days, fhen at the op~ion o( the holder, and without any other notice, all the rem~ining ~~,srallments shall be due and payeble ar once. Priv~lege is g~ven to propay this note in whole or in part at a~y t~me without penalty Ne~lher forebearance, no. acceptance by the ho~der thereof aiter a~y defavlt in any payments 6ereo~, shsll be deemed extension. A late payment thsr9e of is~-. shall be _dded to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installmem remalning unpaid 7 ilays afte~ each succeeding payment date. Each msker, surery and endo~ser he~ecf, jo~nrly and severally, weives deman~, p~esentmcr+t p~otest and notice of protest fw nonpayment, and furthe? agreea to any extension of teme of payme~t, tither b~-tore o? aitet maturiry, with,:ut notice to any of us; and to pay all costs of collectio~, intluding a ~easena6k attorney's fee in the event of any defauit hereunder, and Fxreby sevaraily waives all benefif of homestead and exemption under the constitution .,nd laws of each Sta:e of the United States, as aga~~st this obligation or any extension or renewal hereof. Witness the hand and seal of each party. g/Theodoze j.. w~ld@Y (SE/?q cs~?u s/Sbirle~r M. Mlilder ~wu csEnu ~ ~22 ~ 5~ ~ State Revenue . 15~3rf1~ZSftRI~M!!!'~011~Sg1f1lt fN'1'A MOUV, THEREFORE, the MORTGAGOR for the purpose of sccurirg payment of said sum of ; 1SaOOO~~~ snd the performance of ths covenants and agrcements herei~eaf~er exp?essed, and fw divers gcod and vaiuabte corisideration~, by theae preseots, does gnM, bargain, sel1, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certai~ bt, piece or pucel of land, situate, lyiny, and being in the iounty of St • LuC~@ and State of Fbrida, dewibed as follows: ;.ot 6 and the Bast ~ of Lot 5, Block 6, R'UN[.l~lAM SUBDIVISION, as peY plat thereof recorded in Plat Book 9, Page 55, Public s~cords of St. Lucie County, Rlorida,~ d~'~ STATE ~F FLORlDA~ s OOCUM€NTARY,~::" StAMP T!\X ~ s'' DEE'7. OF REYENUE t N = Pe = ,;uait•~~ ~ Z Z. 5 0 1 . ~ - :;»z ~ ~ _ ~ f E f ~ , p~ 2'` . CT~ IN P~YMIEtIT OF TAXed ' ~ DllE ON CLASS'C' INTAN616LE PER90tUll PROPER(Y, ~ pURS11AlIT TO p{1!'iER 71•134. ACTS OF 1911~1 ROGEA POITRAS ~ CLEAI CIRqlR OOUitT. Sf. t,llCE C0, FUl rogether with all and singular the te~ements, hereditaments u+d sppurtances thereuMO belong~ng or in anywise apperfaininp thereto, ~~+d all r~nts, issues, ~roceeds and profits acuuirg snd to accrue from said premises, all of wh~ch are included in the ~bove snd foregoirg description and F?sb~ndum. TO HAVE AND ~Q HQID the above described and gronted premisea uMO tF~e said MORTCaAGEE, its successors ~nd auigns fwever. Md tM stld ~ :!ORTGAGOR for helr F+e~~s. executws, adminiatratws a~d assigns, hereby covtnanK with the said MORTGAGEE, its svccessws snd ~fsipnt. ;.,a~ Iawfully se~zed of the wid prem~ses in fee s~mple; thst the same are frae, clear and dixMrged from all liero ~nd ~ncum- ~ n-ances in law o? in equity, and that th@yL_ will and b-i~' heirs shall warrant and defend tM titk to tM ssms to tM s~W `.10RTGAGEE, its successors and auigns, fwever sgainst the tawfut ctaims and drmu~ds of all persons; ~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGA6EE the promissory note hereinbefwe described and shall ftuly, promptFy ~ d~d fully perfwm, d~scharge, execute, comp~ete, compty with and abide by each and every the stipulations, +greements, conditioro and tovenanls of aaid orom~ssory note and of this Mortgage, then this Mortgsge and the Estate hereby ueated shall uase aex! be null s~d vo~d• ~ IT IS UNDERSTOOD that the wud "Mortgagor" wFxther in the sirgular or plural anywhere in this Mwtyaye, shall M sirgular if one only and ~ st~all be plural jointly and seversfly if more than one, snd that the wad °their" as used anywhero in ihis Mwt~sge shsll be tsken to mesn "his," "hen," • o. "its;' wherever the context w implies or admits. Alw, that wherever there is a reference in the covenants and ap~eemenb herein tont~ined ?o ~mr of ~ }he psrties hereto, the same shall be consrrued to mean as well as the heirs, le9st rspresentstives, sutcesson snd auipns (~ither volunary by atf of th~ par~ies or invduntary by operst~on of the law) of the s~me and that the covenants herein co~tained shall bind and ~he benefin and ~dv~nt.yes inw• ro tFx respettive F.eirs, leyal representatives, successors and ass'gns of the part~es hereto. - And ssid Mortgsgws, fa themselves and their heirs, legal represeMatives, suctesso~s and assigns, hereby jointly and severslly tovtnant +nd ~pree tc and with tFro said MORTGAGEE, its successors and aaigns: 1. To pay all snd sirgular the p~incipal and interest snd the varavs and sundry sums of money payable by virtve of said promiswty nots, and fha mortgsge, esch ~nd every, promptly on the days respectively the iame severally become due. 2. 7o psy sll snd iingvlsr the taxes, auessmenn, levies, liabilities, obligsYwns and encumbrances of every n+ture and ~kind now on ~aid d~scribad property, or thst hereafter may be imposed, suffered, plxed, levied, w+s~essed thereon, w thsf here~ffer msy be levied o? assessed ~rpon ihis Ahap- age, or ti~e a~debtedness secured hereby, exh and every, when due snd psyabk, sccording to law, befwe tl+ey become delinqvent, and befw~ any i~ta~st atraches a any penalty is incu?red; ANQ INSOfAR AS ANY THEREOF IS Of RKOR~ THE SAME SHAII 8E PROMPTLY SATISFIE~ AND DISCHARGEO OF RECORD AND THE ORIGIhAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICfAILY ENOORSED 'v? CERTIfIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE W~THIN iEN DAYS NEXT AFTER PAYMENT; snd in the event fhat any thereof is ~ot ca;d, saYsfied and discharged u[d 1NORTGAGEE may at any time pay the same w any part thcreof without waiving or affectiny any option, lien, eqvity or •:qhr ur.der o~ by virtue of this mortgage and tFe full amount of each and every iuch payme~t shdl be immediately due and payabk ar?d shall be~r intaest From rhe da~e }F~erecf ~nt~1 pa~d a~ ra~e of n~ne per centum per annvm snd toyNher w~th such interest shall be secured by the lien of !h's mo~gtage. - ~ ~ "'~a-r~- . ~ ~`t' ; . - - ~~3a. ~ ~ ~ ~ ~ ~ . 4< _ . ~..~._..~'~_4.`.~...,_... . _