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HomeMy WebLinkAbout2493 - 289243 ~ ~ , i ~ tNISti1N0F1~TURE, Midi 13th ~y of At1Q11S A.D. 19~-.. betwetn ~ d. awson and ane w of ~t . Lucie , ~pinry F{orida, hK~i~sfta deipnated ~s tM "MORTGAGOR;' and FIRST FE~ERAI SAVINGS AND IOAN ASSOCIA?ION OF FORT PIERCE, a cwpaation oryanis~d ~nd ~xii~inp w~dN ~M bws ot tM U~it~d Sat~a of Am~ric~ and h~vinp in princip+l pl~c~ of buun~N in tM City oi fa~ PiKU. St. Luci~ County. Flwida. M*~u++fter da~ipr+at~d ~s tM "MORTGAGEE.° WHEREAS tM MORTGAGOR h~stly iod~W~d w tM JNORTGAGEE in ths sum of Sl9 , 6~ ,~OOd a^d lawfvl ma»Y of Ihe Uniled Sut~s ~dwnced by tM MORTGAGEE u~to th~ MORTGAGOR, ai evide~ced by a cerai~ promissory note of even date har~with, oi which the (oilowinp In word~ +nd iiyur~s is a trw copY. towi~: ~~lOOO7S? s~2. 600 . 00 - - - - - Fo.t Pkrc.. F~o.ia..e...,..ct 1~ 19~4 Fw value rateived, 1, w~ w either of ui, promise ro pay, without d~~atc+tion, to the ordx of FIRST fEDERAI SAVINGS AND IOAN ASSOCIA?ION OF i FORT PIfRCE at fat Pieres, Flaid~, tM wm of S~ ~ 6~Q' ~ with interest from date at the rate of Q~~6 p~'? ~~^~^~hly instsfl- menb u follows: =_lg6 _ on the ~~1 day of ~iP..t +~'mb , 19~._ and + like wm on tM cwrespaKln?p d~y of each month therr after vntil the ~vhole be fvlly paid. Each installment firp ihall be sppGed in payment of the inte~est ~nd the~ on the ~npaid b~lance of the princ;pal suin.. ,?(.ddeW? h~+~ k? tM paymenl of ~ny installment when due. and s~xh def~ud contioues 30 days, tF?en at ths optan of the hotder. ~nd withovt sny othe~ notice, sl~ ths renainir~ ~nstallme~ts shall be dve and payable ~t axe. Privileg~ b yiven to p~ep+y this note in wi~ole or in part ~t ~ny time welhout penalfy t~hithet fOrebee+++~u. nor scceptance by the holda thereof atter +~y default in anY p~Yments hereon, shall be deemed extensia+. A Iste paYment cMCp1 of s'~II b~ added to each installmem remaininp unpaid 7 d~ys.aftet its dw date, and • like wm shall bs sdded to each such imtailrr?w+t e`+*?aiain~ oep+id 7 da~t after each sutcaeding p+Yme~1 data Each make?, turery and enclwser hereof, iointly and severally, waives demand, p?esentment protest ~nd notite of protast for no~p~Y~1. further agrees to any extensan of time of psyment, either before or after marority, without notice to any of us; and to psy all coif~ of collection, inclvd~np ~ reasonsbk sttornay i fee in the ever~t of any defauit hereundar, +nd MrebY severally waives a~I be~efit of homestead and exemption w~det 1he constitutan and laws of cach State of the United States, as +gsinat this obliyation w any extens~a+ or re~ewal hereof. Witneu the Mnd and seal of each psrty S/ Boyd H I]a~rson ~?4 (s~?~ S/ ?at1~R j~a.~cnn (SEAq (SE/?U ~,~?9.40 ) srsre aevtnve (~i0~l~lO~7Q919t NOW, THEREFORE, the MORTGAGOR fw the purpose of set~riny p~yment of said sw+n of f~..~ ~nn +^d tM Pef~^"~"u of th~ covenants and ayreements hereiosfter expressed. ~r+d fa d~vers good a+d wlu~bts ca+sideratioru, by theu p~ese~b. does grant, barpaEn. sell, remise, retease, cw~wy and confirm iinto tia MORTGAGEE, ib successors and suiyns, all that ceh+in lot, pieu or p+rce~ of bnd, situate, (yinp, and beinp in 1M Camty of c+ Lucie -.~,a s~.r. of Fb.~d+. described ~s fdlows: North 30 Feet of Lot 16, all of Lot 17 and Lot 18, and the South Z of Lot 19, GARDSI~NILLA, according to the plat thereof as recorded in Plat Book 9, Page 61, of the Public Records of St. Lucie County, Florida. ~ ~ R~~~'~~ . ~ , oF ~~~a Mp ; 1 ~ ~ ~~c M~~,~;;~:~ ; ~ 4 0 , ~ Uo ~F R~Y~„' Z 9' 1 E m pEP • "14~t~~/ i ~ ,-01• ~E ' O ~ jNX+(rS Ef(( ~ ~A N ~ p.e~~ ~IFD ,M16 t~ ~A~ 19~1~tY~ ~ ~ oli a~'~ ~ ~ 7; 3,,.1~s ~ ~ ~ TO ~j~~ ppITRIS ~ (79.. ~gK CIR(7U~T ~RT. ST. ~ r-_. togethe? with all and singular the tenements. F?ereditamenb and sppurtantes thereunto b~longing or in ~nywia~ appe?tsin~~i ~ a~ all~~: issues. proteeds ~nd profits atc~uing ~~d to accrue from s~id premises, all of whid~ are included i~? tFw above ~nd toreyoirg P TO HAVE AND TO FiOID tl+e ~bove d~saibed and Qr~nted p~emises vnto the said MORTGAGEE, its successws .nd +st~9^s for°w~• w~ MORTGAGOR for t h~~ r ' he~n, executo?s, +dministntws snd assigns, herebY cove^~^b wnh the said MORTGACaEE, its waasson ~nd atipro. ~hat - bwfutly seized of the said premises in fee simple: that tFN sams ue frse, cku ~nd dischu~ed fran all 1'~er~ aed ~ncum- thpv ar brsnces in bw w in equity, ar+d thst_~he~l will snd thei_r _ he~n sh+~~ wsrrant u~d defend the title to tM same to the saW - MORTGAGEE, in successors snd sugns, forever apsiint the lawfvl clsims snd demands of sll penonss PROVIDED. AIWAYS that if the N10RTGAGOR shall p~y uMO the MORTGAGEE the promissory note hereinbefore described +^d sh+ll truly, promptlY and fully perfwm, distharge, executa, compkte, comp~Y with ~nd sbide by esch snd evsry the sY~pulationi, a~reemenb, tonditian u~d wv~~ants of s+id ~ prom~ssory note and of thK Nbrtgspe, then this Mortgage and tF+e Estate hereby aeated sh+li osass snd b~ null and void. IT IS UNDERSTOOD that the word "Mwt9agor" whether in the sirgutar a plwal ~nywF+ere tn this Mwtyape, shall be sinpulu if one only snd ~ sh~ll be plunl jointly aad aeverally if mwe thsn one, and tMt the wad "their' +s used anywhen i~ this Mwtya~e sh~ll be qken to mean "his.•• •'~s•• or "in." wherever tM tontezt w implies a ~dmiti. Also, that wherever thae is s referenc~ in the coven+~n and ayreements hK~in aontiu~sd to any of the psNies hersto, tM ssrr~ shall be conin~ed to me+n +s well ss the hein, lepal ~epresenta~ives, successws and auigro (~ither volvntary by ~ct of th~ ,ps0 parties a imroluntsry by opsration of the Isw) of the same and th~t the coven+nts h~rein cont~ined sh+ll bind and the benefits and advant~yq inun ~ ro tM rnpective hein, b9sl representatives, wccesson and asi~yro of the parties hKeto. qnd ssid Mortgayors, for themselves and their heirs, 1e9a1 represent~tives, successota and ~aip~s, hereby jointly and severally covtn+nt ~nd apr~e +o ~nd with tM ~a~d MORTGAGEE, its iuccessas and auigns: 1. To psy +II snd sirgulu the princip+l and interest and the variais md wndry wms of ma~ey My+bl~ bY virtue of said promissory note. ~nd thia monppe, each and evdy, promptb o~ the days respectively the ssma severally becan~ dw- 2. To pay all ~rd sirgvla th~ tsaes, assessmenn, levies, li~bili~ies, obliy~tam ~nd e~xvmbrances of ~verY natwe ~nd kind now on sad d~wib~d PtopertY• or tMt hereaher m~y bs imposed, wffe~ed, pl~ced. Isvied, w aissssed thereon, or that hereafter may be Iwisd w auessed upa~ tids Mort¢ age, a tlw indebtedness secured hereby esch ~nd every, when dw and p+Yabk, accwdinp ro law, beiae thty becomt drlinquent and btfon ~rry im~rat ~ atttthes o? any penalty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL BE PROMPTIY SATISf1E~ AND DISCHARGED OF ~ RECORD AND TME ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PAPER OFFiCIAILY EN~RSED ~ OR CERTIFIED) SHAII BE PIACE~ IN THE HANDS QF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in the tvent th~t any thereof is no1 paid, iat'ified and d~sch+rged sa:d MORTGAGEE msy at any t~me par the s+me a~ny paN thereof without waivi~q o` affectinp any option, lien, puity or - .iqht under or by virtve of this mortysge and the full a+nount of each and every such payment shall be invnediately d~r~ and pay~bk and shall bear i~tNest ~.om the date thereof ~ntil paid at rate of nine per centum per uu+um and toyether w th such interest ihall be secured by the lien of Ih's morqtape. 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