HomeMy WebLinkAbout0891 - , . . 30.:~.118
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THIS IN~ENTURE, ths 7th ~y of FeDruary , A.D. ro
75
_~r~,
Jo~in H. Coppock and Bdna May Coppock, his aife
of St • Z.LIC~@ ~p~nry fiwids, htr~inaflN d~signated 1M "MORTGAGOR;' and FIRST if~ERAI S!?VINGS AND LOAN
ASSOCIATION Of FORT PIERCE, a cwpaation w9anued and ~xis~iny under tM I~wi of ths Un~ted Sutq of M+erka Mvlnp iri principal plac~ of
bvw»ss in tM City of Fort PiKU, St. Luci~ County, fbrida, har~inafNt d~tipn~ted ai ths "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jwtly i~debqd ro tM MORTGAGE€ ~in ths ium of 8~ , yood snd IsNful mwxy ot tM U~ited
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenceKipyl~ca~tai~lplomiuory note of even date herewith, of which tht (olbwinp in
words and fiyuret is e trw copy, towit: 11~~285
~ 20 , 800 . 00
~ ' ^ ~ n 7 : ~ ~ ~ Fort Pierce. Fia~.. Februa rv 7 . ~v 7 ~
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Fa valve receivetl, 1, we w either of us, promise fo withovf defalcation, to the order af FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION Of
fORT PIERCE at Forf Pierce, Flwida, ?he sum of i~~ 8~ ~ with i~
erest from date af the rate o~ • 254o per annum, in mo~thly insull-
rt:ents as iollows: i 191• O0 on ths ZOthday of MarGhT_~ ~9 75 and s like ~vm on the carespond~np day of each month the~r
after until the whole be fu~ly paid. - , ~
Each installment fint shall be applied in payrrKnt of tM Inte?est ~nd ~heA on the unpaid balance of the prindpal sum. If defaulf is msde ln 1M
payment of any ins~allmem when due, and such default continues 30 days, then at the option of tF~e holder, s~d without any other notice, all the remaining
~nstallme~ts shall be due and payable ar once. Privileg~ is piven to prepay ihis note in whole or in parf at any time without penalty. Neither forebearance,
nor atteptance by the holde~ thereof after any defa~q in any payment~ hereon, shall be deemed extension. A late payment cMrge of S 9. 55 sh~~~ be
added to each installment remaining unpaid 7 days after iri due date, and a like sum shall be sdded to each such i~stallment remaining unpeid 7 dajrs after
each succeeding payment date.
Each msker, surety and endaser hereof, jointly ~nd severally, w~ives demand, prexntment protest and ~otice of protes? fw nonpayment, and furthe?
agrees to any exte~s"ron of time of payment, either betore o~ after maturity, without not~ce to any of us; a~d to pay all costs of collection, includ;np a
rea~onabk attorney's fee in the event of sny defsvlt hereunder, and he~eby seve~ally waives all benefit of homestead and exemption under the constitution
and taws of each State of the United States, as against Ihis obligation a ~ny extension or renewsl hereof.
WitMSS the hand and seal of each party.
S/ John H. Coppock ~,w
cs~?~)
a May Coppock ~
~ `~31 . ~ ) Ststs Revenue ~u
X ~is~t
NOW, THEREFORE, the MORTGAGOR for ~he pu?pose of securing paymcnt of ssid sum o1 i~ 8~ , and the performa~ce of tM
coven~nb snd ag~eeme~b hereinafte~ expressed, and fw divers yood and valwble considerations, by these presents, does gront, baryain, sell, remise,
retesse, conrey and confirm unto thq MORTGAGEE. ib sutcessors and +uigns, all that ter~ai~ lot, piece or putel of land, sitwte, lying, and being in ths
~ $t . Lueie and State of Florids, dewibed follows:
The North of Lot 13 and all of Lot 14, Block 14, SILVBR IAKfi PARK ADDITION,
as per plat thereof on file in Plat Book 10, Page 8, of the Public Records of
St. Lucie County, Florida.
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together with all ~nd singular the tenementt, hereditaments and appurunces thereunto Eelongi?g br in anywise ~ppertainirg ihereto. ~nd all renb, issuts. ~
prxeeds and profits uvuing and to acuue from s~id premises, sll of wFiKh sre ir~cluded in the above and fwegoinp dewiptan snd habendum.
TO NAVE AND TO j101D the ab eve dexribed snd grsnted premises unto the said MORTGAGEE, its svaeisws and assipns forws~. Md tFw s~id `
their ~~rs, e:ecutors, administrators and su' ns, hereby covenanri with the said MORTGAGEE, Hs successors snd
MORTG/1GOR for g aaiym. .
rhat they are lawfully seized of the said prem~se~ in fee simple: that tF?e same ue free, clear and dixharped from ~II liens and eixvrtr
brances in law w in equity, and that they will and their heirs shall warrant and defend the title fo tFx same fo tFM wid
MORTGAGEE, its successors and auigns, fwever ag~inst the lawful claims and demands of alt penons;
~ PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the p~omissory note hereinbefore destribed u~d shsll truly, promptly
and fully perfwm, d'+schsrge, e:ecute, compkte, comply with and ~bide by each and every the stipulations, ayreemenri, conditaro and toven~nri of s+id
~ promissory note and of th+a Mwtgsge, then this Ahortgage and the Estate hereby ucated shall cease and be mrll •nd void.
~ IT IS UNDERSTO00 that the word "Mwtgsgor" whether in the singubr w plur~l anywhere in this Mortgsye, shall be sinpulu if one only u~d
shsll be plural jointly and severally if more thsn one, and that the word "their" as used anywhere in this Mort9~ye ~yhall be taken to rrKan "his;' "hen,"
w"its," wlxrever the coMext w implies a admits. Alao, that wherever thae it s reference in the covenann and sgreements herein oont~ined fo any of
~ the parties hereto, the same shall be construed to me+n as well as the Fxin, kgsl rtpresentatives, s~ccesson snd auig~s (eitF~er volu~tary by act of tlw
parties or involuntary by operation of the Iaw) of the s~me and that the covenaMS herein coMained shall bind and tF~e be~+efits and advantag~s Lwir~~.w~
~ ro the respecrive heirs, legal represenratives, succeuors and ass~gns of the panies hereto.
~ Md said Hbrtgagon, fa themsefves and tF~eir hein, legal represe~tatives, wccessora ~~d auigns, hereby jointly and severally covensnt ~nd ayrae~
~ to and with the iaid MORTGAGEE, itf successors and assiyrn:
1. To psy all and •inyular the principal and inte~est snd the vsrian and sundry sums of money payable by virtw of iaid promissory note, and this ~
~ matyaye, e+ch and every, prompfly on tM days re~pectively the iame severally becorn~ due. ~C
~ 4. To pay all and singulsr the taxes, assesunenri, levies, liabilit~es, obliy+tiau and encvmbrances of every n~ture ~nd kind ~ow on s~id dewib~d
property, a tFut lxreafle~ may be imposed. wffered. Pl~ted, levied, a~stesscd 1Fxreon, or that here~fter may be levied p usessed upon this AAortp~
~ ~ge, w tFN irxlebtedness sec~red hereby, exh ~nd every, when due and psyable, accordirg to Isw, befor~ they becane delinq~ent, and befae ~~y interat
attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORU THE SAME SHAII df PRO/NPTIY SATISfIED AND OISCHARGED OF
~ RKORO AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFiCIAItY ENDORSED ~e
OR CERTIf1ED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that any lhereof is not
~ paid, sat's(ied •nd dixharged sa:d MORTGAGEE may at any time pay the ssme w any psrt thereof without waivinp or ~ffecting u~y option, lien, eqv:ty M Oa~iO
~ •iqht under a by virtve of this mortgage and t}ro full amount of each ~nd every such psyment shall be immediately due and paysbk +nd shatl be~~ interest
~rpn the d~te thereof until paid at rate of nine pe~ cenrum per annum ~nd toyether with such interest ~hall be secvred by Ihe lien of th:s mor9tpe.
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