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HomeMy WebLinkAbout0687 ~vv,3`. f d ; THIS INOENTURE. Mada the_?nd _ day of _A-~~-_. a~ril A.D. 19-~5 between Henry CauseY and F or ng M Caus~v,. his wife _ of S~ LuS~i~.~__~ County Flor~da, hereinat~er des~g~~.~red as the "MORTGAGOR," and FfRS~ FEDERAL SAVINGS AND LOAN ASSOLIATION OF fQRi PIERCE, a corporar~on oryani:ed s~d ezisting under ihe la•.rn of the United Statos of America and having i1s p~intipal placs of ? bus~ness in the City of Fort Pierce, 51. tucia County, Florida, hereinaher das~gnated a~ the "MORTGAGEE:' WHEREAS the MORTGAGOR ia justly indebted to the MORIGAGEE in th~ i~m of S 18 ~~0~ good and law(u! money oi the Un~ted Sretes ad.a~~ced by the h1pRTGAGFE ur.to ~he N.ORTGAGUR, as evid~~~c~•d by a cer+~~:n F,~oa,issory note of even Jate herewith, of wh:ch ihe iollowing in :.u-ds and figures is a truc copy, to-r~i: S 18 ~ 00,0~ 00 ~ 1002125 6 ~ fort oierce, florida. April 2 19~ ~ e for va!~r recei~+ed, 1, we or either of ~s, rrom;se to pay, w~tF.out defa'<.~+;o~~, ~o the order of FIRST FEOERAI SAVtNGS AI~D tOAN ASSOCIATION OF { Cr3T FIERCE at Fo.t P~erce, florid3, thc sum af ~ 18 i~~~t ~ te~est fro+n date at the rate of 9i~_;o per annum, in mon5hly install- ~~vs ai toi'cws: 5-16.2_~0~ on tne 2Oth doy cf ._-__M~ to7s and a~~ke sum on the corres{wnding day of each month tMre- +~~~r unhl ~he whole be f~~ity paid. Each installmen+ fint shol~ be app~ ed in + ayment oF the imar~s~ and the.~ ::n the unpa~d balance of the p~~ncipal sum. If d2fault is made in the ,~•~ent of any ~nsta::ment wh~n due, ar.ti scii~ d:fo~h con!~~wes 3~ days, ti~en at +i~e option of the ho:de~, artd without any other not~ce, all tFie remaining _,.r.,iimems sha~l Le due and pa~rab'e ai once. Cn~~:c~e is givrn to prepoy th~s ncie [n who!e or in part at any time without penalty. Neither iaebearance, ~•o~ acceptance by thN hOl(~rf thareof aitrr any defav~t in any payments hrreor„ sh~" be d•~emed eitension. A late payment charge of s 8~ 10 ahall be , f..d .+o ezch ini!al ment re:nain~n~ unpa:d 7±eps aiter its due date, and a I~r.e s~m si~ali Ge udded to each such installmenl remaining unpaid 7 days after :~.h svtteed~ng paya~ent dete. ~ Each maker, su~rty ar.d endcrser hereof, ;:.,r~~;y and severaily, wa~ves Jc-~.ar•~. presentment protest and natice of protest fw nortpayme~t, and furthet .~~rr~s to any r.ctEm~on of tin:e of payme~t, ~~~~htr beiore or after rnstu•ity, wi~%~~,;~ r;:!~ce to any ~f u~; and to pay all cosis oE coilettion, intlud;ng , sonable ar,om•~y's fee m the evenr ot any de'a~!t !~creunder, and he~eby s~.eralty .tiaives aIl benef~t o( homestead and exemption under the corsiifution .`a.vs of eech State of ~i~e ll:~~'ed S:a!es a> a~a: ~st +h~s oL1~ya~i~n or a~~y r•.t=n;:on or ~ene~ia! hereof. W~MCSS the hand and sea: o( ez.h F:a+tv. ti~• ~ t ~ ~ s/Nflnry Causev _ ~EAU . - . , , ' . (SEAL) slFlorene M. ~Causev ~Au S2~.oo ~ ~"U State Reven~e ~+aw,'s. wwc~i 1~i M. ~i~:w ~f .n~~+; NON, TNEREFCRf, the A10RTvtiGOR fo. ~he ::~rpose nf securing payment of s~~d s~m of E 181 ~0~ 0O , and the perfwmsnce of the .;:e~ams and agree~r~.enrs here[nafter expressed, an~ ior divers good eno valuatle ccns~dero!ions, by these presents, does grant, bargaiw, sell, remise, •_-,se, convey and <or'.'um untc the M.OR7GA~EE, :ts s~ccessors ar.d ass~gn:, a!I If:3f cer~ai~ iot, piece or psrce) of land, situate, lying, artd being in fhe ~ St Lucie ~c_~~ty of _ • aod Stat~ of Hcrid~, descibed es follows: Lots 8 and 9, Block 1, LI`1COIJV HEIGHTS~ accoxding to the Plat thereof as recorded in Plat Book 4, Page 73, Public kecords of St. Lucie County, Florida~ a'y0'~- 000~-00~~~~ ~ ; ~ ~'`C~ 1 ~~f,~ ; 4 4 ~ ~--FI~~FMs~ ~ . ~ j /~P~~':~`. ; 2'(• ` ; C~ ~v~,j~~t`1.~y~t_ r : ~ ~ ~r- ~ii4 ,.~5~ i, ; ~!;~f i 6 • z, N ~~E J~, g E ~ 3 ~~y, % 0-' ~ ~ . P,'- f<<CE~:EJ ~G IH PAY'.•'TaF Of :~Ca'. ~ ~ ~ ~ 0:lE QN CLASS 'C' INTAN6l8lE P£kSC!{pl pFiQi~fRi~~ : ~ ?YBiiiNiT 10 CFIAPTER 71-134. ACiS OF lylL ~.r/ ~ ~ p06fR PORRA~S r• Y ~ C1dt1( CtRdJR ~iOWCi. SL WC1E Q0. HA, ~ ~ { ~cge!her with all and singutar the tenements, hered+tameMS and appurrances thereunta belonging or in anywise appertaining lhereto, and a0 tents, issves, ~ :•eceeds and profits acauing and to accrue from said premises, all of which are induded in the above and foregoirg deuription and habendum. ~ TO HAVE ANO TO HOID tfie above descrtbed and granted premises unto the said MORTGAGEE, its stxcessas and assigns forevea And tFk wid ~ their_ :'7RTGAC,OR (or heirs, exec~tors, adm:nistrators and assigns, hereby covensnts with the tsid MORTGAGEE, its iutcessors ~nd ~uipro, ~ ,~ar __they d~e - tawfully se~:ed of the said prem~ses in fee s~mple; that the ssme aro free, dear and diuharged from all liens and ~ncvm- ~ :.~an;es in law cr in equity, and that_ ~h~_ will and thelY _ heirs shall warrsnt and defend ihe title to the sam~ to the iaid ~ 1 ~~TGAGEE, its successors and assigns, forever against the lawfvl claims and demands of all persoru; ~ 9ROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy ~ote hereinbeft.~e dewibed and shall truly, promptly ~ fuIly perform, d~scharge, execute, comp'ete, comply with and ab~dr by each and every the stipulations, agreements, conditions and covenaMS of uid ..-r~nsory note and of this Mortgage, rhe~ this Mortgage and the Estate hereby created thall tease and be null snd void. ~ IT IS UNDERSTOOD Ihat the word "Mortgagor" whether in the singular w plural anywhere in this Mortgage, shall be si~gular if one only and ~ s~a'.! be plurai joinNy end xveraf0y if more than one, and tbat the word °the~r" as used anywhere in this Mortgsge shall be taken to mean "hif; "'hen;' s ~ ~+s,` wherever !he context so imptirs or admits. Aiso, thet wherever there is a reference In the covenants +nd agreemeMS herein tontained to any of ~ e pa.ries hereto, the same shall be construed to mean as well as the heirs, legal representativet, suctessors snd assigns (either voluntary by act of tF~ ~ ~ :~a.~"es or invol~ntary by aperation of the law) of the same and that the covenants herein contained shall bind and the be~efitt snd advant~gd inur~ ~ rhe respective heirs, legal representatives, succeswrs and ass~gns ot the parties hereto. ~ And said Mortgagors, fo? themsetves and their heirs, legal reprexntatives, sutcessors and •uigns, hereby jointly and severally covensnt and ayree ~ ~ ~ +o and with the said MORiGAGEE, its succeswn and assigns: ~ ~ 1. To pay all and s~ngular tht principaf and interest and the various and sundry sums of money payable by virtue of said promissory note, •nd fhls ~ ~ o~tgage, each and every, promptly on the days resFedi~ely the same severally become d~e. ~ 2. To pay al! and •ingular the taxes, assessments, levies, liabilit~es, obligations and encumbrances of every nsture and kind now on said deuribed ~ ~ ~+oper~y, p that hereafter may be imposed, suffered, piated, levied, or assessed thereon, w that hereafte~ may be levied w ~ssessed upon this Motty- g a~e, w the i~debtedness ~ecured hereby, each and every, when due and payable, sccording 10 law, befwe Ihey become delinquent, and befwe any interesl ~ y ches a a~y penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHALL BE PROMPTLY SATISFIED AND DISCMARGE~ OF ~ r=CURD ANO THE ORIGINAL OfFICIAI UOCUMENT (SUCH A5. fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED Y CERTIFIED) SHAiI BE QLACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in the event that any thereof is not i :.-s d, sat'siied and d~scharged sa:d IdORTGAGEE may at any t~me pay ~he same or any part thereof without waiving or affecting any option, lien, equity or { •~~h~ under or by v~~rue oi this morrgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interest •~e ~i.~~= •,•F-" r~ -ate of n;ne per centum per annum and together wlth wth interest shall be secvred by the lien of th s r*,orgtage. . - - - - ! ~ ~ ~`.«'`~e~,.~ ~ `•v_: a s.,.~- ~w - ~.ee=~.x. < xyui~:~-'; -