Loading...
HomeMy WebLinkAbout1950 ~ ~7'440 ~ . , : i ~ 1HI5 IPl~ENTURE. AMd~ the ilth ~y pf Decewber 19 74 bNwe~ Cli~on Wash ngton and W 11 Q Mae Was nqton, hia w fe of St L~l1Ct @ Counry Fiw~d+, Ml~iM~iN n~t~ ai MORTGAGOR,•' ~nd fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpa~t~on wyaniud and exi~~inp w~d~I 1h~ IavJa of~~1~~tW St~~ts of Am~rka and Mvfnp ita princiP+l Pis~ d bwiMSi in tM City oi fort PiHC~. 51. tuci~ Co~nty. Fiorida. M~~Matta desiynated a~ tM "MORTGAGfE. ~ 2 3~ M ~nd lawful evwn~y of the Uni1~d • WHEREAS th~ MORTGAGOR is 1~n~ly indebted b tlw MORiGAGfE in ths ium of i -a ~~F~------~ Sutei advanced by tM MORiGAGEE unto the MORTGAGOR, ~s evide~ced bY. ~ c~r~am promiasory nole of even dat~ herewitFy of which 1M followinp in w«ds and fi9uns is a rrw copy, to-wit: . I 10021139 _ : Y,300.00 . ~L. December 11 19 74 l4ai f .i.i~~1 ~.~.:~.r.• - - Fot wtue received. 1, we w ei~her of ~Y, prom~se 1o pay, without defatcstion, ~o the orde? of fIRST FEDERAI SAVINGS AN~ IOAN ASSOCIAl10N OF ~ FORT PIERCE it Fort Pierce, Flwid~, the sum of 5----a~-~~-~----- w'th ~ote~est f~om date af ?he rate of _~~i p~+ annum, in moMhly instalb menn as foilows: t--~-~+ O0 a+ ~+y of "1~uary 19~_ and • like swn on ths corresponslinp d+y of each mauh thar [ aita~ uMil the whole be fuliy paid. , ~ E+ch installment (int ahall b~ applied in payment of ths'iroere~t and tl~cn on tM unpa7d balance of tM pri~c~pal wm. If default is mad~ in tM paYmen~ o( any installment when dve. ard auch default continues 30 days, then at the option of the holde~. and without a~y other i+otice. ~II tM remaining i~utallmentf sha:l be dus a~d payable at once. Privilege is given ro ptepaY this noFt in whole or in puf at ~ny time without penalfy. Neithtr fwebeatu~ts. nor acceptance by the hoider thereof afte~ any default in any paymenlt hereon, shalt be deemed extenian. A late p~ymeM charge of sMl~ be added to each installrtxnt remaining unpaid 7 days after its due date, arul • like sum shall be'added ro eath such installment rtmainin~ unpsiS~ 7.d~ys +ftsr eath tucceedirg payment date. ' Each maker, surery a~d e~dwser hercof, jointly and severally, waives dema~d, presentmem protest and ratite of protest fw nw+paYma+t, and fvAMt ~greea to any exte~san of time of payment, either before or a(ter maturify, without no!~ce to any of us; and to pay all ooats of collection, includ'ug a reasonable attorneq's fee in the event of any default herrunder, srid hereby severally waives all benefit of homes~ead snd exemption vnder the constitutbn and laws of each S~ate of ~he United States, as againat this ob~igatioe or any extension or ~c~ewal hereof. Wilness the hand snd ieal of each pa~ty. ~U $j ~~I.:~fi ::~~tlSl:ytOR - ~,u ~U S/ Willie Mae Washinaton ~ ~B~GiF76~s'a'r`i~Sl~venue ~ ^ . - 2 00. QO and the «.nsnce of th~ NpW, THEREfORE, tM MORTGAGOR for the pu.F+ose of sec~rir+g payment of said sum of = y~ P~*f coven+nts ~nd agreerrx•}ts i+e+eirwfter expressed. and fw divm yood ~nd va{wble considerations, by tMss presa~ts, does yr~nt. b~ry~in, sell, remise, release, cortvey and confirm urtto the MORTGAGEE, :ts successors and ~ssigns, all that certain lot, pieu or p+rcel of bnd, situate. (yirg, and beirg in th~ County of SL . IdiCl@ aod Statt of Fbrida, described ~s followt: Lot 6, LENORA SUBDIVISION, as pez plat thezeof on file in Plat Book 8, page 15 of the public records of St. Lucie County, Florida This is a second nortgage, being inferior only to a pYior first mortgage fron mortgagors to nortgagee dated July 5, 1974 and recorded in O. R. Book 229, page 1424, public records of St. Lucie County, Florida.~ _ . T° sT ~F F SoR~c~A ~ ~ DL~CUIV~ENTARY _ ~UE qp - O d DE?T. Of REYE[~U~,~a' ,`~SZ ~ ~ ~~MMT~jb ~~~5!@LE P P~~EMi QF M" Po.= ~~~~?~•T~~. 0 3. 4 5 1 ~ 72.,~ ~ t t t o2 ~ ~ - CfRql1l ~ PoRRIS ~ I9)1, . ~ ` SI. LUCIE ~p F~ ~ . togetM? virith ~II snd si~gulsr the eenements, heredinments +nd appurt+ntes thereu~to belorgirg or in ~nYwist spperfaininp tlwrN0. ~d ~II rMts, bsw~, praeeds and profits accruing and tp acuue from said premixs, all of which ar~ intluded in th~ +bov~ +nd fotepoi^9 deW'Dtp^ and h~be~d~°' TO HAVE AND TO HOW the sbove described +nd 9nnted premises ~nto the said 1NORTGAGEE, it~ wocessors ~nd +uiQ^s fwevet• Md th~ Mid MORTGAGOR for their ~;,s~ executors, ~dministrators ~nd asaigns, hereby covsn~nb witl~ th~ s~id NIORTGAGEE,.its sutoeswrs ~nd ~ssipro. that - theY ~e- lawfully se~zed of the said premises in fee simplej tFut tM ~a+n~ u~ hee, cltu and d"nclwrped from all Iwro and ~ncunf brsnces in I~w d in eqvity, u+d that the~_ will and the ir 1ro;n shall wuram ~+d d.fend ~he rnl~ ro rh. s.m~ ro rh~ wid MORTGAGEE, its successws sr?d assigns, fwever agair?st the I~wful claims u+d demar~k of ~II peaan; PROVIDED, ALWAYS that if the MORTGAGOR shall pay u~to the MORTGAGEE the p/omistory rot~ h~reinbefore desuibed ~nd shall tnrly, pronnptly snd fully perform, d~xharge, execute, compiete, comply with and ab~de by esch and every the atipvlatioro, s~raen?enn, conditions snd cove~nts of s~~d promissory note and of this Mortgsge, ~he~ thi~ Mwtgsge and the Estate hereby veated sMll teas~ and bs +wll ud void. - IT IS UNDERSTOOD that the word "Mutgsgor•• whe~he~ in the s~ngular o~ plwal anywhsre ie tha Mort9+ye, sh+ll be sirqulx if one only aed shall be pturol jointty snd severally if mae than w~e, +nd thst the word "their" as used +nywher~ in this MonO+p~ sh+ll be t~ksa to rewa~ "his." "Ix~s." tlo~ we or "its:' whererer the context so implia or admits. Also, thst whcrever there is a referet?ce in fhe cove~+nri and ap?eem~nb herein oo~tsined to u~y of the p~rties hereto, the ume shall be construed to mea~ as well as the heirs, kgsl repesentativq, waeswrs a~d +ssig~s (~ither volw+~aY bY +d of th~ parties w involumuy by operaian of tF+e law) of thc ssme a~d fhat the cove~snn hertin contaie~ed sh~ll bind and tFN benefib and advamay~t awrt ro the respedive hei~~, kgal representatives, wccesson a~d au~gns of the panies hcreto. Md said Nlortgagors, fa tF~emselves snd their hein, ley~l representatives, successors and assi~ns, herd?Y lointly and severally aovenant ~nd aptet w and with ths s~id MORTGAGEE, its iuccessas and +ssigns: 1. To p+Y sll snd sinpvlar the ptintipal and interest and the vario~s and sv~dry wms of montY P~Yablt bY virfw of said promiswry no1e. +~d ti~b mortgaye, exh a~d ev~ry. promptly on the d~ys respectively the same severally becane dw. 2. To p~y all and si+gvfar M+~ taxes, assesunenn, levies. Iisbilities, obligatiau and sncvmbrances of swry natur~ +nd kind now on s+id d~w~d prop~rty, a that heresher may b~ impwed, wffered. Plsced, kvied, a ~ws~ed tF+erea4 a th~t hereaher map b~ Iwi~d a~ueasad upa+ this Morq~ pe, a th~ 'wd~btedness secured hereby, esch and svery, when due and paysbl~, aawdiap to law, b~fw~ they becane d~linqwM, aid btfon ~n1? k~tWat ~tt~chts w ~ny penatty is incurred; AND tN50FAR AS ANY THEREOF IS OF RKORD THE SAME SHALL SE PROMPTIY SATISfIED ANO DISCHARGED Of RKORU IIND THE ORIGINAI OfFICIAL DOCUINENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFi1C1A1LY ENOORSED OR CERTIffE~) SHALL BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NFXT AfTER PAYMEN?; snd in the tvent tlrf ~ny M~ereof i~ not paid, s~t'sfied and discMarged sa:d MORiGAGEE may at any t~me pay the s+me or sny p~rt thereof wi~hout waivinp a af(ectinp any option, lien, puity or ~ .~qht unde~ w by vhtue of th+s mortgage snd thr (uIl amw~t o( esch and every svch payment shall be immed~ately dus u?d psy+bk ~nd sF~all bear interest ~rom +F.e da~e rhe~eof ~,~t~l ~a d a~ rau of ~ine per centum per annum and toydher wfth tuch interest shall be secwed by the lien af th's morgrage. r~=- - ~ Y'x-^.x~ ~..;.~.r=~' ' . . 1 ~.s1tErW~tZ`' 'R" y4 ~.YS Y ~ ~ 6 R~ ~ ~~~^~rt _