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HomeMy WebLinkAbout2654 2`~1~60 ~ f ~ ~ ~ ~ ~,i~~'~ . . ti~i 1~ THIS INOENTURE, JM+d~ ih~..-~~----- d~y of S~nL~.'mhQr A.O. 1~?~_. bNv+s~n ~sLher I~1_~,Vt2 a cing~,_~Aul ~ ~ ~ ~~'~r--- r i • o{ $ Z. L us i e County Flaida, hatin+lta d~signated +s ~he '"MOR7GAGOR,•• +Qd i1~tS~ fEDERA! SN~ AN~ IOAN ASSOCIATION OF fORT PIERCE. ~ corPc?~r:on o~9an~zed "^d exwiKy undK tM I~ws of ths Uni~ed Sr~t~s of M+trju u~~ h~vinQ; i~ P~u~P+~ Pl~c~ oF w,uneu in tM Ciy of fwt Piarn. St. luc» County. Fbrid~. I+Hein+hK despnd~d ~s th~ "MORTGAGEE." t! • WHEREAS the MORTGAGCR is jwtly indebttd to ths MORTGAGEE in the sum of S 8_~~ ~ 4~~ ~d ~~~(~"O'KY of ths United S~atei advanced by ~he MORiGA(iEE un~o the MORTGAGOR, a~ evidcncsd by a certa~n proniuwy r+ore oi ever. dale herswith, n~ w ch the folbwinp in «ords u+d i~gwes ~s a trw copy. to-w~t: ~ 10021~7 S 8 000.00 : = w.~ v~a. f~«~d,. Sep~embe r 12 19 ~4 For val~e raceived. 1, we w either of us, premise to pay, without defalution, to ~F+a ude~ of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION OF fORT PIERCE at fort Pierce, Flwida, the sum of S 8-i~~~'~ w~~~ :n~nrost (rom date at the r~t~ of ~?~1 per ~n+~~m+, in monthiy Cnstall- ~enrs as foilow~: ~ 81•~~ o~ ~he 2~th day of ~1CLOb@Y ~q 74 , Gts sum on tF~s caresP«d~^9 d~y of each mooth thcre- aiter until the whole be fully paid. Each insulkncM firsf shsll be applied in p+Yn+e^~ of the i~reresl and then on the unpaid b+lance of the prtnc~pal sum. If deiault is en~d~ in the paymeM of any instalime~r whe~ dw. and suci+ default conrinues 30 daya„ then at the oprion of the holde~, and withouf any othcr notice. all the remainirg ~~xraltments sMll t~e due and payaDk +t once. Privikge is yiven ro prep+Y lhis note in whole o~ in part at any fima without pa+slty. Ne~~her forcb~uanc~. nor acceptance by ~he holder ~l,e.sof afte~ any defaulr in anY p+Y^ne^ts F?~~eo~, sF+lt be deern~d exte++sion. A law psyR.e++t ch+ry~ of i-~-Q~-. ~+11 b~ added fo each 7ns~alkncnt remainirg w+i+~d 7 oays after iri dw daq, and a fike wm ahatl be addad to each sucn intallm~nt remaininp uopaid 7 days ahet each sucteedinp paYrt+en1 d+te. Each maker, surety and e~do~acr hereof. jointly and uv~rally, waives der.und. Presenement protest and notice of protrst for oonpayment. and fwtt~ agrees lo sny exte+uion of time of paymcnt, e~ther befote o~ afte~ maturity, without not~ce to any of us; snd to pay all rnsri of cel4ctioe?, ir'.clvd"ug a .rasonabk attxney i fee in the evcnt of any detault here+;nder. and hereby severaiiy waives all beneFit of homestead and ex~+r+P~w^ ~:~dt~ ~he ~°^s~'h~11~ and laws of exh S+ate o( th~r tJnited Ssase:, as against this obl.gation w any eatension o~ renenal hereof. Witness the hand and ual of each party• ~ S e . u z, a sing e a u~~ ts~?U (SE/W ~ 12 . ~O i State Revenue ~ 8.000.00 and the ormance of th~ HpW, 1HfREfORE, the MORT6AGOR fw ~he pu~pose ef secv~~ng psyment Of ssid sum of s - P~ covenanq and agreemcnts Aereinafter e~p~essed. and for d'+ver~ good and valwble cons~derations, by th~se prcsenls. dxs gr~nt, bargsin, ull. rerrux, reiease. tonvey u+d confirm unto 1M MORTGAGEE, its wcceuw• and sssigns, all tMt ce~tain bt, piete or p~rtel of (and, sitvate, fYireD, and b~irg in th~ couny of St • Lt1C ie ud Stare of Florids, desv~bed ~s follows: The Vorth half (N 2) of the folloming described tract of land: ' egin at the North~?est corner of Lot 2, in CARD' S StRDIV7 SI(1V, as recorded in ?~lat Book 4, pac~e 62, public records of ~t. f. uc ie Co~mty, F lor ida, and run South- easterly along the t~'est~rly boundary of Lot 2, aforesaid, 75 feet for point of heginning; thence run East parallel with the VorLh boundary of said Lat 2, to the v?ater's edge of the Indian River; thence run Southeasterly along the shore line of said 7ndian Rivet 150 feet; thence SJest, parallel ~rith tha North houndar}~ line k of said Lot 2, to the t~resterly boundary of Lot 3 in said CARD' S SL~F3DIVISION, thence ~ tiorthwesterly along the ~•'esterly boundary of Lots 3 and 2 aforesaid to point of beginning, together with all riparian rights thereunto appertaining. i y m S.TATE a~ FL~Ri7A ~ o= DOCUMENTARY. $T~jMp rqa, ~ ~ JEPT.OF REYENUE'.':y ~ ° - ii~ ~ ~ . O"1 K~ Pg. = Sr~ ~.~i; 1 2. 0 0~ ou~ or~ p~,~ ~ M~ a T~noe~ ~ i i at ~ N~MNT lp pYM1ER~ ~~~t~ . ~(~~I~ ~ ~t~ ~ a4 iu roqether w+th all a:~ sirgulsr the tcnsments, he~ed~taments _.~d sppur~arKes thereunto belongirg a k? snywis* sppertaininp tF~eta, end all ra?ts, isswt. prxeeds and pofin xuuing u~d to xcrue from ssid premises, sll of whKh are incl~,ded in t1~e aboy~ ~nd fore~oi^p desc~iP~ia+ and Mb~d'i'^' TO HAVE AND TO FIOaD the above desuibed snd gnMed premises unto the said MORTGAGEE, iq svccesson ~nd sssipro foreva. Md th~ wid VtORTGAGOR for -~r ~irs, executon, sdm:nistrafws ~nd •ssigg~u, hcreby cove+u~n with the said MGRTGAGEE, its wccessors +nd asaip% !har r~; S - Iawfvlly ae~:ed of the s+~d prem~ses in fee simple: that tFk s~nw u~ fr~s, clear and dischu~d from all liens ~nd Ma+n~ orances in I~w w in eqvity, and tF»t She will and he r hein shall warrant snd d~fend the title to the sun~ fo tM said ,Y.ORTGAGEE, its succeason ~nd assiy~s. fwever ~y~inst the Iawful claims and demands of sll persons; PROVtDED. AlWAYS that if ~he JNORTGAGOR sMll p+y u+?w the AIbRTGAGEE tl+e promiuory note hereenb~fon desvibed ~nd ah+ll truly, promptlY and fulty pcr(wm, d~xharge, e:ec~te, compkte, compiY wirh sr+d ~bide by esch and ev~ry thc sripulatioru. ~g~eema+ts, co~ditiaa and coven+nri oF s~id crom~asory note snd of this Mortgage, then this Mortgsge +nd the btste hereby veated shall cease ud bt ~arll and void. IT IS UNDERS?00~ thst the word "Mortyagor" whdher in the singuls? or plwal ~nywhere in this Matyayt, sh~ll be sinpular if one only u+d iF.~ll be plwsl joindy and sever~lly if mwe than ora. and tMt the word "thei~" ~s ~rsed snywhere in tha Mwtgsyt shsll b~ taken to mean •'his.•• "hers'" o+ °its;' wherever the ca~text w implies or adm~ts_ Also, ~hat wherever ~here a ~ refs.e~ce in the cover»nn ~nd aQ?eenxnta ha•i^ com+ined ro+np °f fhe par~id hereto, the saeK ah+ll be consrrued ro me~n u well ss the heirs, kyal rnxeseoatives, svccess«s u~d +ss~pns (~ither voluntary by +c1 of tF~desC! parlies or involunt~ry by ope.a~ion of the law) of rhe wme and tMt ~he cover~+nn hs.~M conu~ned slwll b~,d .nd ~fu bensfin ~,d .dvanra~es iMx~~ fo tha respective heirs, leyal representatives. successus and su~ro of the p+rties hereta Md ~sid Mortyagors, fw tMmselves ~nd their heirs, 1e9+~ representstives, succeuon M+d asipro, hereby jointly ~nd atva~iiy coven+M and ayr~e ro and witb tM said 1MORTGAGEE, in svcceswn +nd +ssig~s: - 1. To p+Y all .~,a :~,~u w~w~ imeres~ snd the wriovs snd sundry wms of monsy paYabl~ by virtw of ssid P?omiswry nott, ~nd :nortyaye, tath and ewry. Won+P~h a^ th~ days respectivdy tF~e samt ~ev~r~lly become due. 4. To p+y all and su~ul~r the tsxes, asseumenn. Iwie~. Iiab~liY~es, oWiystiont and anc~xnbr+nce+ of eve~Y ^~tw~ +nd kind ^°w a^ s~id property, a that heresfter may be imposcd, wffered. P~+ced• Iw~ed• a aswssed thereon, a ~ha~ he.eafre. m+y be levied a a~sessed ~rpon tN~ age, w the h+debtedness secvred hercby, each and every, wAen due u~d paysble, accordinp w law, befor~ they becam delinqwnt, and b~fon any interes attNhes r u~y pa++~tY ~s intwred; AN~ INSOfAR AS ANY THEQEOF IS Of RKOR~ THE SAME SNALI aE PRONIVTIY SAi15F1ED ANO DISCHARGED RECORD ANO 7HE ORIGINAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, ~ME TAX RECEIPT UR 1HE SATISFACTION P/1PER OfFK1AltY ENDORSE GR CfRTIf1E0) SHAtI bE Pl4CED IN THE HANDS Of SA~O INORTGAGEE WITHIN TEN DAYS NEX1 AF1ER VAYMfNT; ~nd i~ the eve~t thaf any thereof is pa~d, sat"sfied and discharged sa:d MORTGAGEE may +t any time pay the same or a~ry part ti~aeof rrithout wa,vinp a~ffect~r~ any option, lien, p~+ity or •+~h~ u~drr a bY •~~~tut of this mo?tgage ud the fvll smount of e+ch snd erery wch paymeM shall be imrnediately due +~d paYable a~d shall 4xar interest .F~ da•~ •~r~eo~ ca a' •ate of n;ne pe* «ntum per annum and Wqether w~~h wch interest shall be secwed ~sy tF+e litn of th s morgtage. r - - s ~ . . _ . _ s x - - - ~