HomeMy WebLinkAbout0741 30~Q09 ~f
THIS INOENTURE, Mad~ tha 6t'h dsy of F8b1'1181'~ ' , A.D. 14 75 between
_ _ Na},han I~lartin. Jr.~ and ~li$abet~ T. Martins his Wife,
~f ~i• ~1C~8 ~ounty Florida, hereinaiter detig~~ar~ as the "MORTGAGOR," snd FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF fORT PIERCE, a cwporat~on org~ni:cd u+d existiny unda ehe :a~vs ot tM United S~s~a~ of Amorica and having iri principal pl~ce of
busine~s in the City of fort Pierce, St. lucie Co~nry, florida, hereinafter de~+gnated as the "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly irtdebted to the MORiGAGEE in the sum of S 20~~~~~ - , good and lawful money of the Un~ted
S!.+res ad~anced by tha ~Y10RiGAGEE umo ?he MOR1GAGt~R, as ev~dancad by a te~tam promiuay note of rven Jate harew~th, of wh~ch the foilowing in
wo~ds and figures is a t:ue copy, to-wit:
s 20~000~00 Np 1~021171
Fort Pierce. Ftorida, ~bI`I18!'~1' 6s 19_L_
For velue received, 1, we w eithar of us, prom~se to pay, without defalcation, to fFe order of FIRST FEOfRAL SnAVING-S~ AND LOAN ASSOCIATION OP
~.:~2T PIERCE at fort P~rrce, Fiorida, ~he s~m of S-2-QiQQQ~~----- ~~tereit from date at the ro1e of Z_aG~'o per annum, in monlh~y install-
•.~~+s as ia;(ows: S-l~~a~___ on the ~Qfe~ day of _ , 19_ and a like sum on the co~responding day of eath month there-
3'+~: until the who:e be fuily pa;d.
Each ~nsralln,ent f~rst sha!1 be app!ied in pay~nent of the interest and then on the unpaid ba~ance of the princ~pal sum. If delautt is mads i~ tht
,,:~~rn! of any i~~sta~;me~t when due, and wch defauh tominues 3G days, then a1 the o;:twn of the holder, and withnut any other notice, all the remaining
~~talhnenrs shall Iu d~e and payab:e a~ once. Pnv~lege is givan to prepay this r+ote in whal~ or in pa~t at any t~me without peoalty. Ne~ther fwebeararxe,
~.o• acceptance by the ho'.der thereof after any deFault in any paymeMS hereon. shall 6e deemed extension. A late payment charge of S-9'20 shall be
:.i_d to each instailmeot remain~ng unpa~d 7 days after its due dafe, and a tike s~m shwtl be addrd to each svch instaliment rema~ning unpaid 7 dayt after
:,h aucceed~ng payn:ent darr.
Each maktr, surety and endorser he~eof, jointiy a~d severaliy, wa~ves clemard, presentment protest and notice of proteat for nonpaynxnt, and furthe?
~_;-ces to any ex!eni~on of t~n,~ of pay~~:rnt, e~th.er before w aiter maNri~y without norice to any of us; and to pay all cosls of to!lection, indud~ng a
~~enable atrorney's fee in the eveM of any default hereunder, and hereby seve~atly waives all benefit of homestead and exemption under the constitutan
i axs of rach Sfaie of ihe Un~ted ~tares, as aga~nsr this obllgat~oo or any eatens:on or renewal h~rfpf~ ~;)~t•
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W~~~ess ~he hand and sea! of each parry.
~t ~ ~ ~ ' ~ ~ ~ ^ / Nath Martin Jr. ~n~~
is~?i~
' S iza th T. ~,~,U
~ - ~ ~ cs~u)
State Revenue
#.wnpr eaneeMee~er~e?k~1r+sM~nere)
NOW, TNEREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of 520~~0~~ and the performance of fhs
.:::rnanta and agreements hereinafter expressed, ar,d for divers good and valuab~e considerotiona, by these preseros, does grant, bargain, sell, ~emise,
r.ease, convey and conf~rm uMO the MORTGAGEE, its successors and ass~gns, ail that certain lot, piece or parcel of ~and, situate, lying, and being in the
~ovnry of _ St• ~C~ and Stafe of Fbrida, de+cribed as followsc
Lot 5, HAMII,TON ACRES, a resubdivision of Lot 29, N.aravilla Gardens - Unit One, as
per plat thereof an fi].e in Plat Book 111, page 6, of the Public Rscords of S~.
Luc ie Cowlty, Florida,
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~ An M `~ir~.' -
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i ~ ~ • ~ IN PAYMDR ~ ~
~ RECENE~ PROPfR ~
INTANG~BLE I
~ p~E ON j~ ~7ER 71-134. A~.`~S OF 19/1. ~J+l
PURUI~ ~ER POIIRAS - „G . iu ?
~ :.LfRK CIRC111Z C0~1Rj, SI. l~1`'tc ~
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~ •caether w~th all and singular the tenements, hered~taments and appurtances thertuMO belaging w in ~nywise appertainirg thereto, and all rentt, iuues,
~ _ oceeds and prof~ts accruing and to accrve from said premises, all of which are included in the above +nd fotegoing descripTioo ~nd habeedum.
TO HAVE AND TO HOI~ the above desc.ibed and gronted premise: unto the ssid MORTGAGEE, its succeuws snd assiyns forever. And iM s~id
:'.~RTGAGOR fw --t~Q~----- he~rs, exewt«s, administrators and assgns, hereby covenants with the said MORTGAGEE, iti sutcessws and assipro,
~
~ ~-h6~ aI~ lawfuily sei:ed of the said premises in fee simple; that the same +re free, cksr ar+d discMrged from all liens and eneum~
~.-ances in lew w in equ~ty, and that they wilt and their heirs shall warnnt and defend the tiNe to the same to the said ?
~ :~7RTGAGEE, its successors and ass~gns, forever against the lawfui claims and demands of all persons; ~
iY
z, PROVIDEO, AIWAY$ fhat if the MORTGAGOR shalt pay unro ihe MORTGAGEE the promissory rate hereinbefo?e described and sh~ll froly, promptly
~ --d fuily per~orm, d+scharge, execvte, complete, comply with and abide by each and every the stipulations, sgreements, tonditrons ~nd twenanfs of ~sid poGy
' ;T:sswy note and of this Morrgage, then fhis Mo~tgage and the Estate hereby created sh~ll cesse and be nvll and void. Q~
~ IT IS UNOERSTO00 that the word "Mortgagor" whether in the singular u plural anywF~ere in this Mortgsge, ihall be sinyular if oAe only and ~
:~.a!! be p!ural joinNy and severally if more than ooe, and that the wwd "the~r" ss used snywhem in this Mortgsye shall be taken to mean "his;' "hea;' ~
~ c~ "ns," wherever the conuxt io ~mplies w admits. Also, that wherever there is a reference in the covenants and sgreements herein containa! to any of
•-;e parries hereto, the same shalt be construed ~o mean ss well as the heirs, legal ~epresentstives, successws and auigra (edher voluMary by +ct of th~
~
n ; a•~~es or invo~uroary by operat7on of the law) of the same and thar the covenants he~ein contsined shall bind ~od the berxfits and advanfapes inun
~ ~ ~he respective he7rs, legal rep~esentatives, successors and ass~gns of the parties hereto.
i
~ And ~aid Mortgagan, for themu~ves and their Froirs, legsl representatires, successors aod sssigns, hereby jointly and sever~lly covenant ~nd ayrae r*+ x
~o and with the wid MORTGAGEE, its successors snd assigns:
l. To pay ell and singular the principal and interest and the wrio~s snd sundry sums of money payable by v'utue of faid promissory note, and this ~
~
~ ~-orrgage, esch and every, promptly on the days respectively the same severally become due.
2. To pay all and Nngular the tsxes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind now on s+id described r
~ ~.roperty, or that hereaher may be impoud, suffered, pfxed, levied, or assessed thereon, a thst here~fter m~y be levied or psessed vpon tha Mort¢ :
age, w the indebtedneu xcured eby, each and eve~y, when dve and payable, sccading to law, before they becorne delinquent, ~nd befa~ any interest
•+=ches or an ' mcurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND ~ISCHARGED OF i
%:GJRB-A THE ORIGII~At OFFICIAI OOCUMENT ISUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFA~TION P/1PER OFFICIAIIY ENDORSEO ~
;;2 CER~IFIED) SHAII BE PIA~ED IN TME MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof i~ not
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~ ::3 d. sat sfied and dixharged sa:d MORTGAGEE may at any Lme psy the same w any part thcreof without waiving or sffecting aoy optio~, lien, equity or {
~~~hr under or by virtue of this mortgage and the ~vl~ amount of each and every such payment shall be immediately due and payabk ~nd shall bear interos~ ~
ca .a+e o! n~ne per cent~m per annum and together w~th such interest shall be ucured by the lien of tF~ s mergta9e
~ c,~,.. .r.. ,~,ee ,~.,e,•e~j ~.rr~: .
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