HomeMy WebLinkAbout0562 ~C~7~7 ~cr~ -
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THIS INDENTURE, Mad~ the 19th day of ' A.D. 19_Z.~...., bNwe~+
~i~obert E. Scott and Ilelen l~. Scott~ his~? fe t'
of t• l• ~ e Cp~n~y plor;d~, hsreinaller deignetecl as tM "MORTGAGOR;' ~nd FIRST FEUERAL SAVINGS AND IOAN
ASSOCIATION OF FORT P~ERCE, a cwpor~~ion orq~nised +nd existinq unde~ the laws of ths United Stat~t of M~iu and Mvinp itf pri~cipal pl~c~ of
bu~ineu In tM City of Forl PiNC~. St. luci~ Gounty, Flwid~, I+srein~(tor defig~ated s~ tFw "MORiGAGEi."
WHEREAS tM MORTGAGOR ia j~stly indeblad 1o ths MORTGAGEE in 1he wm of : 3~ 60~.~ ,~oOd +~d lawful money of the United
Srates advanced by the MORTGAGEE unto Ihe MORTGAGOR, af evidanced by e~er~a~n promissay nole o( even dats herewith. of which ths followin~ ln
~ords snd Fi9ures is a t:ue copy, tow~~: IOOZI~S4
f 3Q ~ 600 .00 ~'~O
Fort Pieru. Florida, September Ig 19_Z4
ior value rK2ivld: we or either of us, prom~se to pay, wi~hout defal:ation, to the order of FIRST FEOERAt SAVINGS AND IOAN ASSOCIRTION OF
~URT PIERCE at fort P~rrce, florida, fhe wm of Y_3OL6~•0O w;th mterest (~om datt at the ?ate of ~a~% per annum, io monthly inttall-
;:.r~.~s as foltows: S26$•O0 ?~th day uf ~gro~r 19-L~-- +nd • ~~ke tum on tF?a carespa+d~ng day of eacFi month therr
a'rter ~Mil thr whole !x fu~ly pa~d.
Each iRS~ailment firsf ahall be app~~ed in paYma^t of the interest and ~hen o~ the unpa~d balance o4 the princ~pa) sum. If de~ault ~s made in ihe .
taymrnt pf any insta~tment when due, a~d such defaull cont~nues 30 days, then at the ope~on of Ihe holder, anE without •ny other rotica, all the rem~ininp
,nstallmems thall be due and payable af once. Privilege is g~ven 1o prepay thia nme in whole w in part at anY time withou~ Pe^+ItY• Neither fwebNtsnte.
nor atteptance by the ho~der thereof aiter any deiault in any payments hereon, sha~l be deemed extenaion. A late payment cMrye ot l~ 3' 4pi}~~~~ ~
a~i~ed ro each installme~it remaini~g unpaid 7 days after itt due date, and s like sum shall lx added 1o each such instsltment remaiairg ur~a:d 7 drys afte?
ra:h succeeding paYment date. ~
Each maker, aurety artd endoraer herrof, jo:nNy arcd ~everalty, wa~~es oemand, presentment protest and notice of protest for ,nonpaymeM, and ~~1ha
agrees to any eatension of lune of pay~nero, ~~iher ba(ore w afte~ marun?y, wirhout noKce to any of us; and to pay all casts of collec!ion, incivdiny a
sonsbk atrorne~'s fee in the evenr oE any default hereunder, and 'nereby severally waives all benefil of homestead snd exemp~ioo v~d~ ~+stit~tao
~~~d iaws of each State cf the Unrted States, as against th~s abGgation w a~y ertrnsion or renewal hereof.
Witness ~he ha~d and seal of each Far1y_
S~ (~?q
. , c o ts~?u
t5~/?U
tte en t+i. Scott
~ _ :~S 9d _ ) State Revenue
(S(J~CI~'J~J~DU~
bOn and the om++nce of tlw
NOW, THEREF~RE, the MORTGAGOR fw the purpose of securing payment of said sum of s~~.~ P~
covenants and agreemena hereinafter e:p~essed, +nd for d~ver• good and valuable cons~de?~tions, by these preaenri, doea grant, baryain, ull, remise,
re:ease, convey and con(irm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece w psrcet of Isnd, situsts, lying, ~~d beinp in 1M
County of St I_t~ ie and State of fbrida, dewibed as follows:
~ot 9~ Rlock 104, POl'T ST. LtCIE, SEC?IO!V 27, as per plat thereof on file in Plat
rook 14, page 5~, public recozds of St. l.vcie County, Florida '
.
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A• ~~,RY ~ Sp~-'~~--~'`? 1`
~ y~ ~ ~~CUME~~~1lf .,?r- ~~i~ g ~ R
; ~M r~ ~ t~s oE~. ~ RE~ 4 5• t
~ R~CEJV~ ~ ~~c ?RQPER~Y ~ ~
~y~~y~y~~`y~ rE1L~•11AL s1 ~d~ ~P2~'1t~ .
H{R V~~ w`~~ ~ 71 ~'i ~ lil1.~~L Zr r ~ ' ~"~-~.a'V .
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Mli~w~~ p~
f~ /Ot~IMS ! L- p= ~t~ot
~
1 1 1
G U1T OOllltt. ST. 1~lC~ G~~,
rcgether with all and singular the tenements, hereditsments and sppurtsnces tht~eumo belonging o? in anywise apperbininp thento, and ~II rt~b, iuues,
c-oceeds snd p+ofih acaving snd to accrue from said pien,ises, all of which ue iiuiuded 'm the ~bove and foregoirg dest?ipfion and habendw».
IO HAVE AND TO HOID the above 4~lHri~ and grsnted premius unto the said MORTGAGEE, its wcceuws and +ssi9m foreve~. Md th~ s~id
~RTGAGOR for thelY-_- execut«s, +dministrators and suigns, hsreby covena~b with tF~e said MORTGAGEE, it~ succaswrs u+d assipro.
•;,~t the~! -~re Eawfu~ly se~:ed of the said prem~ses in tee simple: that the same are free, cleu ~nd discFiar~ed trom ~11 liera and tncwm
:,.ences ~n law or 'n equity, and that they w~~~ s~ their hein shall warrant and defend th~ titb to the same to the s~id
:",ORTGAGEE, its s~cceswrs and suigrts, forever sgainst the lawful da"~ms and demands of all peraons;
~ PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefwe dauibsd ~nd sh+ll frvly, promptly
~ o^d fully perform, d~xharge, exec~te, complete, comp~y with and abide by each and every the stipulationsj ayreen+ents. w~d~tions and coveM^ts of said
;,r,m;iso.y note and of this Mortgage, then this Mwtgsge and the Estate hereby ueated ihall ce+se and bs nu~~ ~nd vod-
~
~ !T IS UNOERSTOOD that the word "Mwtysgor" whether in ttx singular ot plural anywhere in this Mottys~e, sMll be sinyulu if one only ~nd
~ shati be plural jointly snd uvetally if more thae one, and that the wwd "their" ss used anywhere in this Mortyage sh+ll be bken to mean "his,'• •'htn," t~fo
or "its;' wherever the context so implies or admits. Also, that whe+ever there is s rete~ence in the covertsntt ~nd syreemenb herein contsinad to a+y of
~ rhe parties hereto, the same ahall be construed to mes~ as well as the heirs, kga! represent~tives. ~uccessors ~nd assiyns (either voluntary by ~ct of fM
Fart:es w involuntary by operstion of the law) of the same and that the covenanri herein cont~ined shall bi~d and the Ixnefits and advsnt~ya inw~
- ro the respective heirs, legal representatives, succasors and au'gns of the parties hereto.
qnd said Mortgagors, tor fhemxlves snd their hein. leyal representstives, iucceiwrs and aug??f, hercby joinHy and severelly covenant and apne ~
ro and with the said MORTGAGEE, its successors and suigns:
1. To pay sll snd sinyulsr the principal and inrerest and the vsrious and sundry wms of mooeY paYable by virtue of said promiuory note, and this
~,artgsge, each and every, pra++Ptly on the dayt respectively the same severally become due.
~ ~
2. To pay all and si~gulsr /F?e taxes. ~s~esunenn, levies, li~bilii~es. obligstions ard erxumbrancts of every natwe and kind now o~ said d~sc?~d
property, a that hereaiter may be imposed, suffered. Pls[ed, levied, u aueased thereon, w that here+fttr may be Isvied or a~sested upon this Morq-
age, d the ir+debtedness secured hereby each ar?d every. when due and payable, scc«d~rg ro taw, befor~ they, becaew dtlinqueM, and befon ~t~y i~ta~st
~f+aches o~ sny penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PRONIPTIY SATISFIEO AND DISCHARGED OF
RECORD AND THE ORIGIP7Al OFFICtAI OOCUMENT ISUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SAi15FACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHAII 8E PIACED IN THE HANDS OF SAID INORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is rwt
pa•d, saYSf~ed and d~uharged sa'd JIM1ORTGAGEE may at any time pay the ssme or any part the~eof without waiving or sffKtiny any option, lie~, tquily w
~~qhr under w by v~+tue of this mortgsye and t{x fvll amount of esch and every such payme~t shall be immediately dve and psyabk and shall bear interest
o,~.: ~s-~ a,•o •~-~.e-~ ,:a d a+ rate of nine per centum per ann~m and togetF~er with tuch interest sF~sll be secured by the lien of th's mo+gtage.
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