Loading...
HomeMy WebLinkAbout1936 , ~ ; ~ ~ ~~~20 TNIS INDENTURE, Mad~ th~ 5Lh d~y of A~1QUSt - A.~. 19 74 benero~e+ Eric E. Johnson, a~single aclult - o{ St. LI~C~e ~ , Cout~ty Ftorida. F1N~IM~fN desipnated ~s 1he "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS ANO IOAN ASSOCUTION OF FORT PIERCE. ~ corpaat~o~ wp~nised ~nd tx;~~irq under tM lav~n of th~ Uni~ed Sta~a of Arn~ric~ u~d Mvinp iri princtpal pix~ of busineu in the Ciy oi Fat PiKC~, St. luci~ Go~nty, Flaida, har~~nai~s~ de+~yn+ted ai tM "MORTGAGEE." WHEREAS tM MORTGAGOR is justiy ir+debted to 1M MORTGAGEE i~ the sum of ~Z4 ~ 8~. ~ ~ood and lawful money d. tl+e Un~~rd States advanced by the MORTGAGEE unlo the MORTGAGpR, as evidenced by a cerlsin promiuo~y note of even date herewith, of which the follOwinp in wo:ds and figvros is a uue copy, fo-wit: s24.8~•~ Iqp 1~21~17 _ Fort Pierce. Flo~ida. A11gtl S t S. 19 74 fo~ value receivcd, 1, we w eithe~ of us, promise to pey, without defalcation, lo Ihe o~de? oi FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~CRT PIERCE at fort Pierce, Ftorida, the sum of E 24 • 8~ - w~th inieres? irom date at the rate of 9~Jo p~~ anr.~m, in monih~y instal4 ~,e~rs as fol!aws: E-217•~ on the 2Oth day of Novevber ~q_74 a like sum on the corresponcling day of each rr.onth the~e- aiier until the who~e be fully paid. Each installment first shall be applied in paymenl of ths interesf and thcn o~ the unpaid bal~nte of fhe principal tum. If default it mads in fhe F.a~ment o( any instaltment when due, and such default coniinues 30 daya, then at Ihe opt~on of the holder, and without any mFx~ notice, all ths temaininy ~~,srallments shall be due and payable af once. Privilege is given to prepay fhis note in whote w in part af u+y Y~me without penalty. Neither fwebear~nt~, . nor acceptant~ by ~he holder thereof aftcr any default in any paymcnts hereon, sha11-be deemed extension. A fate payment ch~rge of = 1O_! _.85 sM{I b~ ~dded to each ins~allment ren.aining unpaid 7 days aher its due date, and a tike sum shall be added ta ~ch wc~~~i ins?allment remaininp unpsid 7 d+ys aher each succeeding paymeN date. - Eacfi maker, surety and endwser hereof, joinlly and severally, wsives demand, p~esentment protest and notice of prWest fo~ na~paymmt, and fvrther . agrees to any eztension of time of paymeM, eithe~ before or after maturity, wi+hout norice to any of us; and to pay all coets of collection, includ~np a ressonabte sttorney's fee in the event of any defauft hereunder, and he~eby scvera~ly waives all benefit of homestesd a»d exemption under the tonstitution ~:~d laws of each S~ate of the United Stares, as against this obligation w aay eatension w re~ewal hereof. Witncu the hand u+d ual of each pany. s/ Eric E. Johnson~ a sinale ~lt ~ 4~~ ~U ~ 37 . 20 ) State Revenue i5trmpi't*AMtlt~Clfalgii'1Ir_ 7fOtl~ NOW, THEREFORE, ~he MORTGAGOR fw +he purpose of securing paymenr of ssid sum of s 2~ $OO.OO +nd the perform~nce of th~ co,renants snd ag~eementi hereinafter expressed, and fw divers ~ood and valuable conslderations, by thess presenls. dxs g~ant, ba~9~in, sell, remise, r~tease, convey and confirm unto the MORTGAGEE, its sutcessors snd assigns, all that ce~tain lot, piete or partel of land, sifuate, lying, and bein~ in 1F~ County of $L . LUC 1@ and State of florida, dexr~bed ~s (ollows: Lot 8, Block 150, LAKEWOOD PARK, UNIT 11 according to the plat thereof recorded in Plat Book 11, Pages 3~w tnrougn ~~u vi i.iir records of St. Lucie County, Florida ~ : ~ , ; ~ ~ ~ S 7',q-r-E , _ ~ p~~r o~M~t~_~ACtY.,_--F S~~?iD~~~! - ~ ~c rn = PEYfhJEj.~_.r~~;~~,, f~~ ~ a' 1 n j_ `v pg. ` """-s'1< '~'a~tiy ~ 9 ' i o -'__!+~2 : a~ 7. 2 0 ~ - ~ ~ . ~ ~~rym M PAYM9R OF 7A(ES DUE ON CL/1S3 'C INTA118161E PER98NK ?ROPERiY. ppRSUMff iQ I~IIIPTER 71-13~, ACTS Of 1971. R06ER PORRAS I~~ q,ERK CIRq11T OOURT. ST. UICIf CO., tU. ~c,gether with all and si~gulsr the tenements, hereditaments and ~ppurtanccs ~hereunto belonging w in ~nywise app~~tsininy thereto. +~d re~b, asws. ~-oceeds and p~ofits acuuing and to acuue from ssid premixs, all of which are included in the +bove and forogoinp description and hsbendum. TO HAVE AND TO HOID the abave deuribcd and g?snted premisa unto the ssid MORTCsAGEE, its wccessors snd +ssiyns forswt. Md the Nid 450R1GAGOR for --h~~ heirs, executors, administrators and auigro, hereby covensnb with the s+id MORTGAGEE, iri watsson and aui~u, ~hathe 1S - lawfully seized of the said premises in fee simple; thst IFw same sr~ fre~, clear and fiiscMrged fran all liens uid etrcw~r ` trances in law w in equiy, and that he will and h15 hein shall wurant and defeod t}w fitle to th~ sam~ to th~ wid ~ '.tORTGAGEE, its successws and assigro, forever against the lawful clsims and demands of all persons; ~ PROVIDED, ALWAYS that if ~he MORTGAGOR shaH pay unto the MORTGAGEE the promissory rate hereinbefor~ destribed and sMll truty, promptly o ~ a-d fully perfwm, d~uharge, execute, complete, comply with and ab~de by each and every tF~e itipulatioro, agreemenri, conditian snd ooven+nri of said c~o~„~ssay note and of this Mortgage, then this Matgage and the Estate hereby ueated shal~ ce~se H+d bs mrll ~nd void. ~ fT IS UNDERSTOOD that the wwd "Mortgsgoi' whether in the singular w plural anywhere in thi~ Mortgspe, thall be sir+gulsr if one only? and ~ sha~~ be plural joimly a~ severatly if mae than one, and that the wwd "thei~" ss vsed snywhere in this Mortpage sh+ll be t~ken ro me+n "his," "htrs," cr ^its;' wherever the context w implies w admits. Also, that wF~eve~ there is s reference in the covenants snd sgreements he~ei~ containsd to any of O ~ ~he pa.ties hereto, the ~me shall be construed to mea~ as well ss fhe he~n, kgsl represematives, s~ccesson and sssi~ns (~ither voluntuy by sct of tM y parties o? i~voluntary by operatan of the law) of the ssme and tF~at the covenants her~in conteined shall bind and the benefi» snd ~dvantapes irwrt ~ +o the respective heirs, legal represematives, successors and au'g~+s of the panies hereto. ~y Md ssid Mwtgsgon: fa themselves and their F~ein, leyal rep?euntatives, successors and assiy~s, hereby jointly s~d severally covenant snd ayr~e ~o and with the said MORTGAGEE, its s~?ccessors and ~ssigro: 1. To psy all +nd singular ~he prirxipsl and imerest and the verious and sundry wms of enw~ey payabl~ by virtve of said promisfwr rsote, and this mwtgaye, each and every, promp~ly on tl?e dsys respectively the ame severally become due. ~ Z. To p~y all ~nd si~gulu the taxes, +uessmena, levies, li+bilities, obligstions ~nd encvmb+~nus of evcry n+twe u~d kind now on said d~crib~d ~ property, or that Ixreafier may be imposed, wffered, placed, levied, or assessed thereon, a thst hereaft~r may b~ kvied or ass~sssd irpon this Morp- age, or tF~ indebtedoess secvred I~ereby, each and eve?y, when dve snd pay~bte, auadirg ro law, befor~ they becan~ delinqueM, and b~fon arry int~?est attaches w ~ny penalty is i~tvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD 'iHE SAME SHAII BE PROMPiIY SAIISFiEO ANp OISCHARGfO Of RECORO AND THE ORIG1NAl OFFtCIAI DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIALLY EN~ORSED OR CERTIf1E~j SHAtI bE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTfR PAYMENT; and i~ tM eveM that any thereof is oa ~ ;.a+d, t~t'sfied and discl~a~ged w:d MORTGAGEE may st any time pay tFx same w sny part thereof witho~t waivirq a ~ffectinp any optio~?, lien, puity a - ~~ahr vnder or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payabk and shsll besr interest <.cT. !ce da~e +h~.eo~ ~nri! pa'd r} rate of nine pN ce~tum per annum snd foyether with such interest ahall be secured by the lien of rh s morgtage. ~'-x °s~.,,~,,s, r ~ ~ ~ - - - - ~~`~`s. ~ s ~ ` .r - ~z..~ ~ - . ~,~,~`~~~3'~ ,,,-~-z~.x~~~'',-~:.~-_" .e~ . . ~5 ~°~-:g'' _