HomeMy WebLinkAbout1232 3o~8s3 ~
TMIS MDjNTURE. Made ihe 7th day of ~y~~._ _.T s A.D. 19_75 b~tvreen
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_ Anna J. Hwrst. ~ nal~_adulx - - - -
of rJt~ _j.1lC~@ ~p~~ty flo~ida, hereinatter dei~ynated as ~he "MORTGAGOR," and FIRST FEOERAt SAVINGS AND IOAN
ASSOCIATION OF iORT PIERCE, • corpwat~on organized a~d exist~ng unde? the laws of Ihe Un~ted Sr~ta~ of America u+d havinp irs principd piac~ of
busmes~ in tM City of Fal Pie~ce, Si. l~de Counly, Rorids, Aereinaher de~ignatrd as the "MORTGAi'aEE." ;
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WHEREAS Ihe A~IORTGAGOR is ustl indebted to Iha MORiGAGEE in ihe t.~rr o? }
I Y i-~~ good and lawful money oI the Un:~ed
Srarai sdvancrd by thr h10RiGAGfE umo the MORTGAGOR, as evider.crd by a;rro.n promisaay note of even dale herow~th, of wh~ch 1M tollowinp in
S J14 80~,~OOi ~ ~~r• ~ 10021329
Fo.f Pierce. FlorEda, ~8y 7 tq 75
Fw va!ve received, 1, we or either oi us, p:om:se to pay, withovt defalcat;on, to thr ordcr of fIRST FEDERAI SAYINGS AND IOAN ASSOCIATION OF
~.;RT PiERCE at Fort P;rrce, FlonJa, the a~m of j._ldl8~~ _ w:~+~ .~~rrrest from dete at tfie ?ate of 9~ ~ eo per annum, in monthiy install- ~
•~!s as to~:ows: S-1~! on thr ?~h ddy or ___J~e__.. ,~9 75_ a~d a tike sum on the correspor?d~rg day oi each month there-
:•~rr ~ntil the who+e lx fully-};a~d. %
Eath inataflment f~r~t shall 6e appliad in paymertt of ?he in~errst and then cn the u~paid balance of the princ:pai ac:m. If defauh if msde io the
~nrnt ot aoy in3tallmenf when due, and _;uch d:fault contiaucs 30 days, theq ~t !n3 apt~on of the holdar, and wi~huut any other nor~ce, all the remaining
~,~r311menis shall be due_.and_ ~aya~le.a~_pnce. _ Prrvilc~e ~s givrn to prepey this oote in whoie.ot in parl ~t.~ny ticne wuhout ptnalty. _ N~ither forsb~aranu,
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.~or acc~ptanc~ by the hotder thereof af~er any drfautt in any payments hereon, shal! ~e deemed extenaion. A la~e paymeN charge of =__6 7O, shill bt
,.i:i_d to each instal:ment remaining unpa~d 7 days a!rer its due date, and a:~ke s~m shall be added to each such installmem remaining unpaid 7 days aft~r
^e.h S~Gtel~ing ~~mMt t~afe. ~
Each maker, surety acd endo.ser fierrof, juintly and seve~ally, v,~arves demond, presentrneN protesl And notice of protest for nonpayment, and further
s ~~ees to any euens~on of t~~ne of paymcnt, cEther b_fore w after rratunty, w~r.i;~f not;ce to any of us; and to pay all costs o( eoliection, includ~ng a
~sonable ettor~ey's fee in the evenr o! any def~uit heraunde?, Sr.d here6y seYCra+1y waives al{ be~efit of homestead and exemption unde~ the constitution i
~d •'aws of each S+ate of ~ne Un~ted Stares; as ageinst this obi~ga!:on w any c¦rena~o~ or renewal hereof.
Yliiness the hand and seal ot eacn parry.
• . . ' ' ' ' $%Anna J. Hurst: s sinale adul~~~ -
tsEwu
(SENq
~ $22~20 Srate Revenue
~ +r.+~ twRrNed~a+~gu+eA~ nr~e)
NO'N, THEREfORE, the MORTGAGOR fa the purpose oF necuring payment of sa+d sum of S 14+80~~~ , and the per{ormance of the
.~:e~ants and agreements hereinafier expressed, and for divers good and vatueGle cons~derat~ons, by these preseMS, does grant, bargain, te11, ?em]se, ?
_,sa, tonvey and confi~m unto the MORiGAGEE, its iuccessors an~ assigns, atl that certain loi, piece or parcel o( land, situate, (ying, and beir~ in 1M
' :=c~~nty of $t• 1+Z1C~P~ and State of Flonda, dexribed a• follows:
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The Bast 40 feet of Lots 1 and 2 and the Bast 40 feet of the South 15 feet of Lot 3 '
and the West 40 feet of the South 15 feet of Lot 12 and the Weat 40 feet of L.ots 13 ~
and 14~ Block 9, ST. JAMBS PARK~ a Subdivision as per plat thereof on file in Plat ~
Book 5~ page 58, Publfc ~tecozds of St. Lucie County, Florida; SUBJ~CT T~O a,ceser- `
vation for utility lines over the North 8 feet of above described presises, ~
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! ~•~,ether with all and singular the tenements, hered~rsments and appurtancea the~eunto belonging p in anywite apperfaininp therefo, and dl rents, hsuq,
~ :;•oceeds snd profits xcruing and to accrue from said prem~ses, all of which are irxluded in the above ~nd fwegang description ~nd habendum.
; TO HAVE AND TQ HOLD the sbove described and granted premiaes unto the seid MORTGAGEE, its suttessors and assiyns forevq. And th~ s~id
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; :'ORTGAGOR for he~rs, eaecutas, admi~istrators snd ass~gns, hereby covenants wlth tht said MORTGAGEE, its successors and aatipnt,
.~,n! --~h-$ lawfuliy se~:ed of the sa~d premises in fee simplr, that the ume are f~ee, clesr and dixharyed from all tiens u~d encvro-
~-a~ces in law or in equity, and that SZ1B wi11 and _ ha7' heirs shali wsrraot artd defend t1~e tiHe to the same to tM s~id
','ORiGAGEE, its su:cassors and assigr.s, fwever against the lawful clsims and demands of all persor?s;
AROVIDED, AlWAYS that if the MORTGAG6R shall pay unto the MORTGAGEE the promissory note hereinbefore described and sh~ll truly, prpnp~~y
<-d fulty perfo~m, d;scharqe, eaecute, complete, comply with a~d ab~de by each and every the stipulations, agreementf, conditions and covenants of Nid
_-~~r:sswy note and of fhis Mortgage, then thi• Mortgage and the Estate hereby ae~ted shall ceaie and be nutl and void, €
IT !S UNOERSTOOD thaf the word "Morrgaga" whether in ihe singular w plurol ~nywhere in this kbrt9sge, shsll be sinyular if one onty and p0 t
s'~ aU be plural jo~ntly aod sevenily i~ more than o~e, and that the word "the~r` as uied anywhere in this Monyage shall be taken to mean "his;' "F~en;' !
: ~ " ~~s," wherc~er the conse:? so impGes or admfts. Also, that wberever there is a reference in the corenams ~nd ay?eeme~ts lxrein contained to sny of ~
~~.e parties hereto, the same thall be construed to mean as well as the heirs, legsl representatives, s~cceuors and ass~gns (either voluntary by aN of th~ !
t ;:3rr~es or involuntary by aperation of the law) of thE same a~d that the covenants herein cont~irted shall bind ~nd th~ benefits arsd adv~ntayq lmw~
+o the respective heirs, leyal rep~esentatives, successws and ass~gns of the panies hereto. •
[ And said Mwtgagors, fo? shemulves and thei? heirs, legsl reprexntatives, successon and suiQns, hereby jointty ar?ci severally coven~M and apree ~
~o and with the ta~d MORTGAGEE, its suscessors a~d assigrtj:
1. To pay sll and singular the principal and imerest and the various and sundry wms of money payable by virt~e of u~d prom~ssory note, and this
~~•ortgage, esch snd every, p~omptly on the days reapectively the same uve?ally become due.
2. To pay sll snd ~~ngular the taxes, asussments, levies, liabilities, obligations and enc~mbrances of tvery n~ture ~nd kind now on sad deuri
- prope.ty, w that heresffer may be ;mposed, suffered, placed, levied, or auessed thereon, w tlut hereailer may be levied w uses~ed ~pon tFds
E age. w the i~debtedness secured hereby, exh and every, when due and payable, xcordi~g to law. be(ae they become delinqueM, ~(1d ~tfOf~ MY IftlNqt
~~~.-ches or any pena!fy ~s incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL BE PROMPiIY SATISFIfD AND DISCNARGED OF
~:~ORD AND THE ORIGINAL OFFlGAI DOCUMENT (SUCH A5, FOR INSTA:VCf, THE TAX RECEfPT OR THE SAiI$FACTION PAPER OFFICIAIIY ENDORSED
CW CERTINED) SHAlL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITNIN TEN OAYS NEXT AfTER PAYMENT; snd in the event that sny thereof is not
: a d, sat sfied and discharged sa"d MORTGAGEE may a! any t~me psy the same w any part thereof without waiving or affecting ~ny optiorf, lien, eqvify p
•~;F~r vr.der or by virtue o( this mortgage and the full jmovnt of each and every such payment shall be jmmediately due and payable and shall bear interpt
~ i.eT :hP ~~ro r~e-eof vn~ ! ca d a~ ra+e of n~ne per centum per annum end together w~Ih such interest slSall be ucured by the lien c~ th r, morgtage.
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