HomeMy WebLinkAbout2724 ;~8'73f 8
• i , - A.0. 1914.~ betwean
iHIS INDENTURE, 1Wd~ tAe 16~_ day of -~ly
- - G.- B. Walters and Allisce Walters, his wifs
~f $L.1.11C1@ ~~nry Flor~d+. hcreinafter desgnarrd ~s the "MORTGAGOR:' a~d fIRST FEDERAI 5~?V~NGS ANO IOAN
:+SSOCiATION Of FORi PIERGE, a corpa+~~on o~9aMZed an~ eaistiry und~r the lawf of ths U~~ted St~tq of Americ~ ai+d MvinQ its princip+l pl+ce of
bus~neu in tM City oF fat PiNCS, St. lucro Gounry~'flSrida. hereinaRN des~y~ated as Ihe "MORiGAGEE."
WNEREAS thc A10RTGAGOR ~s jusdy inckWed lo the MORTGAGEE in the aum o! S_~.~esoe+~ 9~ a^d ~+Wful monetr ol ~he Uo~ted
S~afe: ed.•~uad by ~he ?.tORiGAGEE uneo ~iK MORIGAGOR, as evidancrd by a cerfa.n Fxom~sswy oote of e~rn dote herewith, of wh~ch the foilowing ii?
.:~•.~s and fgurcs is a trua copy. towit: lOO2O989
10,000.00 NO
s Julv 16 1974
fwt Pierce, Flwida,
For vatue receivrd, 1, vve w e+shi~ of us, p~wn~se ro pay, wifhovt defafcafb~. ~o thr order of FiRST fEDERAI SAVINGS A~1D LOAN ASSOCIATION OF
PiERCE at Fwt C,r~ce, fio~Eda, the wm af S ~Q~~~-Q~---- M'~!h :~u~r.s~ from date at the rate of _~r2:o per a~n~m, in montFly ~nsu~~-
~,~s io'°ows: S 94_, QO _ cn iF,e ~~th day or __~tober ~q_ _ 74 and a I~ke sum on the correspond~ng day of each month tlxre-
~~:fii ~he whc:e br tuUy pa.d.
Each insrallme~t (~rst ehall be app!~ed i~ pay~nenr oF tht inra.esr and then on ~hz ~npa~d balance of the princ~pa) sum. If default is msd~ in the
~,,nt of any ine~aUn:ent when due, and such default conrinuea 30 days, then at the c~+:on of 1he hotder, and without any otha not~ce, all the remaining
~:,:ents shail be d~e and payable at once. Priv~lege ia givrn to prepay this note in whole or io p~rt af any time without penalty. Neither fpebea~snte,
.:ccrptante by ~he holdn thrreof a(ter any drFault in any payr~ents hereon, shal! be deemrd e:~ensien. A!ate paymeat char9e oi S 4=70 . s~+~~ ~
i io eech instaiirr.ent remain~ng uopa~d 7 days after its due date, and a ti?,e surn shall be addrd to rach such instal~ment remaining unpaid 7 days after
s.tceedin9 payn=e~~t date. '
~aih maker, surety and e~~dwser hereof, jo~ntly and severally, waives clemand, p~ese~it~nent protesl and notfce of pro~est fw na+payn+ero. and fuhher f
~•-a to any eatemb~ of I:n:e of p~ymenf, ertnar b.~fore or a(ter matun~y, wirhout ncr~ce to an~ of us; and to pay all costs of collcction, irxtud~rq a e
~~_~~iLlt attornay"s Fre in the event of eny drfauh he~e~nder, and hercby sevr.ai?y 1Vd1YQS all benefit of homestead and exemption under 1he constitutan
._:,s o4 each State of the Un~~ed 5~atrs, as aga~nsr Ihis ob~~yation w any exuns~on or renewal hereof_
~":~tness the hand and seat of each party.
(SEAU
~ S/ G B. Waltezs ~
(SE~U
S/ Alliece Walters ~ ~
~15 . ~ ) $rate Revenue
NO:Y, THEREFO~E, the MORTGAGOR fw tFx pu~pose of securing paymant of sa~d sum of S lOs~~•0O .~~d the performa~ce of the s
:~.~~nents and agreemenrs here~naFter exprrssed. and fo~ d~vers good a~d valvabie cona~dcrations, by thex p~esents, does grant, bargain, sell, remise, _
. e~se, convty and confum umo ~'~e Ma7RTGAGEE, in successors and ass~g~s, a!1 thar cufain lot, p~ece u pucel of land, situate, lyinp. and being in th~
;o~nry of SL. WC16 _ and State of Fior~de, c'escr~bed •s follows:
Begin at the NE corner of the SW 4 of the NW~ of the NE'~ of Section 8 f ?own-
ship 35 South~ Range 40 East, run West 50 feet, thence run South 30 feet to
the point of beginning; thence zun South 120 feet, thence run West 50 feet
thence run North 120 feet, thence run East 50 feet to the point of beginning.
7,
i STATE a~ F~ORiD~.. ~
D~.~i~IjMENiARY~;-~ -:~STAMP TI:1 ~ ~p~,E' ;
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;.~.~er «~th ali and singula? the tenements. Ixred~taments and appurtances thereunto belonging or in ~~ywise appeA~inirg thereto, and ~II ~e~ts, iuuet, '
__ceeds a~d profits accr~ing and to accrue from said p+emises, all of which are i~duded in tt?e above a^d fore9°"'9 deK"pt'°^ s^d habendum.
TO HAVE 1ND TU HOLD the above desaibed and granted premises unto tht said MORTGAGEE, its suctesw?s and assigns forever. And th~ sa~d
~oTGAGOR for thg2~---__- ~;~s, executas, admin~srrators and ass~gni, hereby covenants with the s~id NIORTGAGEE, its successws +nd +ssg^s• ~
_~1~~Y_~r~ ,aWr„n,, se~zed of the said premius in fee simple; thst the ssme are free, cksr and dischstged from all liens and encum- ~
,rces ~n ~aw or in equity, and that they - will and _ thelr heirs shall warrant and defend the title to the same to the said ~
i -
:.~'.GAGEE. irs su.cessors and ass~gns, forever agai~st the lawful clnims and demands of all persorts; ~
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~on+issory rate hereinbefwe destribed u?d shall truly, pompt~Y ,
d.'u:iy pertorm, d~uhargP, exewte, complete, comply wilh and ab:de by each and eve~y the stipulalions, ~greernents, conditian and covena~~s of said ~
_~.ssory note and of this Mortgage, ~hen this Mwtgage and the Estate hercby uested shatl cease and be nu~l and vo~d• ~
IT IS UNDERSTOOf` that the word "Mw~gagw" whethe. in the s~ngular w plural anywhe+e in this Matgage, shall be si~gul~? if one only and f
5~.3:: be pfural jointly and seve~ally ~f more than one, and that the word "their" as used anywhere in this Mortgage shall be tsken to mesn "his," "he?s: ~ tlm $
~~s," wFurever the context w implies w sdmits. Also, that wherever there is a reference in the covensMS snd sgreements herein contained to say oF
•~e pa~iies hereto, the ssme shall be construed to mean as well ~s the hein, kgs) representstives, xxcesson a~d assi9ns (either voluntary by act of th~ ~e 3
,.~rc:es or invclvMary by operation ot the law) of the ume and that the covenants herein contsined shall bind snd ~he benef~n a-d sdrsntages inure ,
~ rhe respectivw he~?s, legal representatives, successws and au~gns of the parties hereto. ~
And said Mwtgagws. iw themselves and their hei?s, legal representstives, successors snd auigro, hereby jointly snd sevaslly covenanf snd sgree
+o and with the said MORTGAGEE, its saccessws and assigns- ~ _
1. to pay alt and singular tFx principal ~nd interest and the var~ous and sundry wms of money payable by virtve of said promistory note, ~nd this ;
•~.crtgage, each snd every, p~omp~~y o~ ~he dsys respectively tFx same uverally become due. ~ '
2. To pay all and s7ngular the tsxes, assessments, levies, lisbilities, oblgstions ~nd encumbra~ces of every n+h+re and kird ~ww on ss7d dewibed ~
c*ope~ry. w~hat he~eafter may be ~mposed, suffered. Plxcd. Ievied, a+sscssed thereon, a that heresfter msy be kvied or usessed uPo~ tFas AAo~f9-
age. or the indebtedness secv~ed hereby, cach ind every, when due and payable, xcordi~g to law, befae they become delinpueM, snd be~we any i~terest ~
-c~es w any penalty is incvrred; AND INSOFAR AS ANY THEREOf IS Of RKORO THE $AME SHAII 8E PROMPiIY SATISfIED ANO ~ISCNARGEO OF
=•~CORD AND TME ORiGINAI OfFtC1Al DOCUMENT (SUCH A5, FOR INSTANGE, THE TAX REGEIPT OR THE SAiISFACTION PAPER OfFICIAIIY ENDORSEO
C? CERTIfIED) SHALL BE PlACEO IN THE HANDS OF SAID MORTGAG[E WITHIN TEN DAYS NEX1 AfTER PAYMENI; and in the event that any thereof is rwr
r~d, sar sfied and discharged sa:d 1110RTGAGEE may at a~y time pay the same w any part thereof without wsiving or s(feding any opfwn. Hen. equify or
.~~hf ~nde~ o• by ~~.tve of th~s mo•rgage and the full a.no~nf of each and every such payment shall be immediately dve a~d payable and shall besr ir,teres?
~a'e of n~ne pe~ ccntum per annum snd togethe? w~th s.xh imeres~ shall be setured by the lien of th s r* c~g•~ge
_ ~ _ ~ - - - - ta~~
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