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HomeMy WebLinkAbout2633 . a _ ~ . . 302,453 ~ ~ ~ 19th Februar ~5 # THIS INDENTURE, Mad~ ~he day of y A.D. 19_-~ betwean ~ Daniel A. Smith and Jitske B. Smith, his wife of St. I.uC1e ~ounty Flor:da, hereinatter designared a~ rhe "MORTGAGOR;' snd FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT PIERCE, a co~paat~on organized and extsting uoder the ~aws of tha United Stat~~ of America and heving its principal plate of b~smess in ths City of Fwt Pierce, 5~. lucis County, F~orida, hereina(ter drsignated as tho "MORTGAGEE:' WHEREAS ~he MORTGAGOR is justly iodabted ~o the MORTGAGEE in the sud~ of'S 37+800~ ~0 , good and lawful money of the Unlted :fares advanced by the MORIGAGEE unlo the MOk~'i/~eC~R~as aridep4~d~F~y a fy~ta~n promissory note of e+en date herewi!h, of wh~ch Ihe lollowin9 in ..ords and figures ia a uue copy, to-wi~: . ~ 10021191 s 37,800.A0 _ February 19 ~y'7 Fwt Pierce, Flwida, r ' Fw va1~e received, 1, vve w ei~her of vi, prom~se to pay, without defa~catio~, ~o the orde~ of FIRST FEDERAI SAVINGr~S~ AND IOAN ASSOCIATION OF ~ ~OBT p1ERCE al Fort Pir~ce, Florida, ~i~e svm of S_37.~80~~ ~ vvah inrerrst frcm date at the rate of 9'?'Ye per ennum, in monthly inslal{- ~rs as fot!o,ks: S3?4sOO on the?~th day of ~YCh 19 _75 and a tike sum oo the cwrcsponding day oF esch month tFxre- untd the who!e tx tuily pa~d. Each i~stallment first shall be appGed in payment of tha iu~eres~ and tl:rn on tt~e unpaid ba!ance of the principal sum. If default is made in the ~ .;~nent of any insta~~ment when Jue, ar.d su:h .~.efault con+inues 30 days, then at ~tie epno~ 01 the ho!de~, and without any other notice, all the remsining ~ ~ srallments shall be d~e and payabie at once. P~iv;~ege is g~van ro prepay this note in who;e w in pa~t at any time withovt penalty. Neithet fotebear~nte, ~o- acceptance by the holder Ihereof after any defa~it in any paymeNS hereon, shall be deemed extension. A tate paymenf thsrge of S 16 ~ 2~ sFNll b~ ~ _i;i_d tu cech insl~!;~nent remain;rig ,.npa~d 7 days after its due date, and a I~?e sum shail be addcd to each such installmeM remaining unpaid 7 days afte~ i sch succeedin mem date. ~ 9 PaY Each maker, s~rety and endorser hereof, iointly and sevarally, vva~ves demand, p~esen~ment protest a~d r+otice of protest fw nonpayme~t, and further ~~:ees ro any exrens~on of ti~ne o4 paymeM, cithzr bFfore ur after maiurity. wirhout nonce to any of us; and to pay aIl costs of co~lection, indud~ny a ~.+sonaWe atromey's fee in the evenr of any defa~tt hereu~dar, and hereby se.erally wa~ves afl benefit of homestead and exemption unde~ the constitution :,e.vs of each Srare of ~he Unr.ed Stares, as again:t fhis obi~gat~on w any extens~o~ or re~ev,al hereof. Witness the hand ar.d seal oi each party. s/Daniel A. Smith cs~r?q s/Jitske B. Smith ~U $ 56 . 70 _ 3 S~ate Rever.ue ~e~»p~ ~aweeiieJ vw ~«g«~al-no~c) NON, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of j 37 y8O0• ~0 end the perfo?mance of ths ~:enant~ and agreemants here~naher expre:sed, and for divers good ano va!uab:e conuderatio~s, by these presenfs, does graM, bergain, ull, remise, ._~s~, convey and cor~firm uroo the MOkivAGE~, its succeswrs and assigns, aiI shat certain lot, piece w parcel of land, situate, lying, and being in the : ounty of $t_t LuC2e and State of Norida, described a~ follows: ~ i t ~ ~at 27, Block 32, RIVER PARK, UNI2 .W. 4, as per plat thereof in I'lat Book 21, Page 9, of the Public Records of St. Lucie County, Florida, , ` - *y~'E'~ ~9Y i E ~ F~'S!~" 61 ~ ci~, O O`, ~ ~ E ~G-~~ ° l s., r J ~P~~''~>>~A ~~~i' ~ p,Q.' ' ~A~f.~ r d0```• ~ N~~'~~~ ` ` l:JO,~ ~E o `ti,<~~A : ~~,c~~ ~o e~ o ~v~- ~ / ~ ~ ~ ~ t s ~ J~~ . _ ~ ~ ze-_,, ~ ~ ~ r ~ `1 . ~ ~sv ~ ~ti ~ ~ ~ . , t ~ i 3 ~ •~~ether with ail and singula? the tenement~, hereditaments and appurlences thereunto belonging w in anywise apperf~ining thetefo, ~nd all rentt, iuues, ~ ~ ~;ecds a~d profits acc:u~ng and to acnue from said premises, aIl of which are included io the abovt and fweyoing dewiption ~nd hsbeodum• s i ~ TO HAVE AND 70 HOI~ the above described and granted premises unto 1Fx said MORTGAGEE, ib suttesson and sssigns fwever. And fFw Nid > ~ :~4TGAGOR for --thQlr__-__- hein, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its suctesson ~nd ~ssipnb they_are _ ~ .:rr - Iaw(u~ly sei:ed of the wid premises in fee simplr, that the same are fret, ck~r snd dixharged from ~II liens snd encvrtf .acc>s in lew or in equ~ty, and that they W;~I and their heirs shall warrant and defend the title ro the samt to tM s~id ;~PiGAGEE, its successors and aes~gns, (wever aga~nst the law(ul clsims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore described and sh~ll truly, p?omptly ~ d Sui~y perform, discharge, execute, comp~ete, comply with and abide by each snd every the stipvlations, agreemeMs, conditiw~s and tovenants of said ~ ~~r.~ssory nore and of this Mortgage, tben this Mortgage and the Estate hereby ueated shall cesx and be oull and void. ~ IT IS UNOERSTOOD that the word "Mortgaga" whether in the singular a plural anywhero i~ this Mortpsge, shall be sinflvlar if one only and ~ t be plural jointly and severolly if mwe than one, and that the word "lheir" as used snywbere in fhis Mortgage ~hall be hken to mean "his;' "hers;' ~ ~"~rs:' wbero~er the co~tex~ so implfes a adm~ts. Alw, that wherever there is ~ reference in the covenaMS and spreements herein contained to any o~ Q ~ ~ e parties hereto, ~he same shell be construed to mean as well at the hein, Iega1 represeptptive~, successors snd su:gra (either wluntary by act of tht ~ ~ .~r•:es or involumary by operation ol the law) of the same and that the covenants herein contained shatl bind ~nd fhe benefits snd sdv~nt~yes inw~ ~ ~ : the .espective hei~s, tegal reprosentatives, successo~s and ass~gns of the parties hereto. ~ ~ And said IVlwtgagori, fa themsdves and their F~eirs, legal representatives, successort snd auigns, hereby jointly snd severally covensnt aod aprte ~ ~o and with the said MORTGAGEE, its successors and assigns: 4 ~ 1. io pay all and singular the principal and intere~t and the-various snd sundry wms of rr.or?ey payable by virtue of taid promissoty note, snd this ~ ~,.~rrgagw each and every, promptly on the day~ respectively the same uverally become dus. ~ ; ~ 2. To pay all and singutar tFx ta:es, sssessments, levies, liabilities, obligstions and eexumbrance~ of wery natvre and ki~d now on s~id desaibed v.r ~ Froperty, w thaf hereslter may be ~mposed, suffered, placed, levied, or assessed thereon, w that hereatter may bs levied or usessed upon this Mort¢ ~ ~ age, or the intkbtedness setured F~ereby, each end every, when due and payable, ~ccording to law, before they become delinqueM, and befort ~ny intaesl ae 3++rches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PRON1PiLY SATISfIEO AND ~ISCHARGED OF c'ORD AND THE ORIGINAI OFfIC1At DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OffICIAIIY ENDORSED Om ~f CERTIfIEOj SHP.tI BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; end i~ the eveM 1Mt a~y thereof is rwt .~~d sat s/ied and d~s:harged sa"d MORTGAGEE may at any t~me pay the same or any part thereof wilFw~t waiving or aifetting any optioo, lien, equify a ~ •~;hr vnder or by virwe of this mo~tgage and the i~ll amount of each and every such payment ~hall be immediately due and payable and shall be~r interest ~ ~.n,^ _ r~... ~,.P r~~.~-! ~,,:.1 ,a• .ate oi n~ne per centum per annum and toge!~er wnh wch interest shall be secured by the lien of rh s merofage. ~ ~ _ _ _ . . - - - _ . ._a~~