HomeMy WebLinkAbout1721 ~~~~s ~a -
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iHIS INOENTURE, Madt the_~~~L- day of _ Ma.~y _ A.D. !9 7S txtween
Thomas D. hinn and Tancv Finn~ hi~ wiFe
of ~t I.l1C~Q County Flor~d+, hereinafte~ defiynared as ths "MORTGAGOR," and FIRST FEDEfi~l SAVINGS AND LOAN ~
ASSOUAitON OF fORT PIERCE, ~ corporation «ganized and exiiting unde~ Ihe laws oF the Umted St~tas of America and havinp iq pnixipal p~xa of
business in tM City of Fort Pierce, SI. lucie County, Flwida, hereinaiter deaignated as the "MORiGAGEE." ~
VYHEREAS tM MORTGAGOR is jvttly indeLted to Ihe MORTGAGEE in the sum of 5--1~-~Q~-~-~---• 9~ and lawful money oi tAe Un~1ed
S~ates adr~nced by tt+e h10RiGAGEE unto ~ha Mt~RTGAGOR, as etiidrncad by a cv~~e:n p~om~sswy note of even da~e herowith, of which the followinp in
..or s and ti res (s a true copy, to-,nit:
i_ `~6,0~.00 _ ~i inn~~i a
Fort Pierce, Flwida, ~ay ~4 • 19-~ i
Fw value rectived, 1, wr w either of us, prom~se to pay, wi~hout defalcarian, ro the order of FIRST FEDERAI SAVlNGS AND IOAN ASSOCIATION OF
~ C~T PIFRCE at Fort P~ecce, Florida, the sum of S- 16i~~:-Q~----_- w'~~f' inrerrs? from date at the rate of ~-90 (x~ annum, in monthly install-
..5 ~o~~oW,: s__.144 ~QQ_ o~ ~ha _-ZQt~1y of __~11I1L_~-- . 19 _^IS_ and a like svm oo the corresponding day ol each menth there- ~
e'~r: until the whole be ful!v adid.
Each installment tirat shall be appl:rd in payment of the inre~est and then on the unpa~d balance of the princ~aal sum. If delauh is made in the
,,~~sent o( any instal(~~~ent whrn due, and suth dafault cont~~ues 3Q days, then at the opaion of the hotder, and without any other not~ce, all 1he remaining
~.;rolli~~cnts shall be due and pjyai~te at once. Pnviiege is q~vrn to prepay this rwte in whole or i~ part at any time withovt pe~wlty. Neithet forebearante, ,
n- acceptance by ~he ho!der rhereof after any defa~lt in any payments hereon. shall he deemed extens~on. A late payment charge of 5--1-a~Q. shall bs ~
r,:~.d to each instaliment rerna~n~ng unpa~d 7 day~ afrar its due date, and a;ike s~~m shall be added ro each such installmeN remaming unpaid 7 days after
,•~,h succeeding payment date.
Each maGer, sure~y and endorser F.ereof, jo~ntly and sevetally, wa~ves demand, presentmeM protest and r.otice of protest fw nonpayment, and further
;recs ro any e,~rension of t~ine oF poy~nent, either t_fore o~ after matu~~ty, wi~hout not~ce to any of us; and to pay all costs of collection, including a
_ara6le attomey's fee in the event o1 eny dzfauf? hereunder, and hereby severdify waires all benefit of homestead and exemption under the constitution
~ d!~ws of each State of fhe Ui~~ted States, as eyeinst this obGgatio~ w any extension or renewal hereof.
Wiiness the hanc! and seal of each pas~Y.
_ S/ Thomas D. Rinn ~aq
. ~?u
S~ N. na~•, --~~IUt csE/?u
tsE~?U
~ $2~QQ-._--1 State Revenue •
, ~aacAc~caaacof~kxococ~aeiceexDt
NO'.Y, THEREFORE, the MORTGAGOR fw. the purpose of securing payment of said sum of S 16 + , and the pe?formance of ths
co:enants and agreements here:nafter expressed, and for divers good a~d valuable cens~derations, by these preums, dces g~ant, bargain, xtl. remise,
~:-~se, convey and c~nfirm unto ~he MORTvAGEE, ib successo~s and asa~~ns, a:: !hat certain lot, piece ar parcel of land, situate, lying, and being in ths
~cuney of ~t..r-~,uC~g and State of Fb~~da, dexribed as follows:
4
a y~i sa3 -4o9G do%
The East one-half of Lot 17 and all of Lot 18, LfiSS AND EXCEPTING
t herefrom the South S feet, Block 12, MARAVILI~1 TERRACfi, a Subdivision
according to the plat thereof recorded in Plat Book S, page 50,
af the public records of St. Lucie, County, Florida,
~ RECEIYED ~ p U~ pROPERT~Y~
~ . ~ pp~ ~J1SS 'C iNTANGIBLE
_~,r.__ 71-134. IIC7S Of 19/1. ,ol~C
.
~ " STAT ~ o F F L O R t Q~=; Pu~ 70 ~nw?s
S T 1: M~ <<~- , St. ~uc?E CO.. FIA.
~ D O C`• l M
E
N T ia R`:, y~. . ' a( C I R
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1 11T OOUICT~
M DEt~t OF kcE'E:~UE 4'T. .s'.s i_
~ = r.~rc~•,:~`~~;{~ Z
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~ •~.~e~her with all and singular tha tenements, hereditaments and appurtances ihereunfo belor?ging w in anywise apptrfsining fherefo, and all r~MS, issues, ~
~ .-~:eeds and profits accru+ng and to accrut from said pr¢mises, all of whi~ are included in the above a~d foregang descripYwn a~d hsbendum-
TO HAYE AN~ TO HOLD the above described and granted premises unlo the said A10RTGAGEE, its successon and assigns forever. Md 4h~ said
~ ~RTGAGOy,R
~fo~r~~e1r heirs, executws, admin~strators and assigns, hereby covensnti with the ~aid MORTGAGEE, its wccesson and ~ssi~ro.
~ ~:,~,t !awfully seized of the said premises in fee simple; that the same sre free, ckar ~nd discharged from all lient and eotum~
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~,rances in taw or in equity, and that-~;L__ will and p~ Fxin shall warnnt and defend the titk fo the sam~ to tE+e as'
O2TGAGEE, its successors and assigns, fwever against the lawful claims and demar?ds of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shail pay unto the MORTGAGEE the promissory note hereinbefwe described and sFwll truly, promptly
, d fu11y periorm, d~scharye, execute, complete, comply with and a6ide by each and every the stipulations, ~greements, cond~~i«u •nd covenann of sad
:~o~*;:sswy note and of this Mortgage, then this Mortgage and 1he Estate hereby ueated shall ce~se and be null ~nd void. 00
~ IT IS UNDERSTOOD ihat the word "Mortgagw" whethcr in the singular or piural soywhere in ihis Nbrtysye, shall be sinyular if one only ~nd ~~17
~ s~:a!I be plural jointly aod severally if more than one, and thaf the word "thdr" as used anywhere in this Mortgaye sMll be qkeo to mesn "his;' "hen;'
~ "I~s," wherever ~he cantext w impties w admits. Alw, that wherever there is a reference in the covenaots and s9reemenn hereio contsined to any of
: r,e parties hereto, the same shall be co~strued to mes~ as well as the hei~s, legal repreuntstives, successors and suigns (either voluntary by act of tM
~ ~:•aifles o+ invol~mary by operat~on of the Iaw) of the same and that the covenants herein conuined shsll bind snd the benefits •nd advamayes inur~
~ ~o the respective heirs, legal reprexMatives, successors and asrgns of the parties hercto.
And said Matgagors, for themselves and their heirs, legal repreuntatives, successors snd assigro, hereby jointly and severslly covenant and ayree
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- ro and with the sa~d MORTGAGEE, its successws and assigns: ~
1. To pay all and singutar the printipal and interest and the variovs and sundry sums of money payable by virtue of said promissory ~+ote, snd tka ~
~ --.ortgsge, each and every, promptly on the days re:pectively tFu same xverally becane due. ~ ~
y~ ~
4. To pay all snd ~ingular tF~e taxes, assessmen~s, levies, lisbilities, obligations a~d encvmbrsnces of every n~ture and kind now on ~aid desuibed ~a
property, a t F~t h erea fter may b e im p o u d, sv f fer e d, p l Ke d, l evi e d, a a s
u s s e d t h e r e o n, a t M t h e
r e~ i t N m ~ y b e I e v i e d a a i m s
e d ~ o e ~ t h i
s M
o ~ t
Q- r~r
a~e, o? the indebtedness secured hrreby, each and evcry, when due +~d payable, xcordiny to law, before they become delinqueM, and before any iMerest
•••<ches w any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RfCORD THE SAME SHAII BE PROMPitY SATISFlED AND DISCHARCsED OF
CORD AND THE ORIGINAL OfF1UAl DOCUMENT (SUCF~ A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY fN00R5ED
c=
,x< O? CERiIHEDi SNAII BE PlACEO IN THE HANDS Of SAIU MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; tnd in rhe evcM thaf sny thereof is rwt ~
~ ; a d satafied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving w affectiry any optan, lien, equify ot
•~~ht ~nder or by v~rtue of this mortgage and the futl amount of each and every such psyment shall be immediately due and payable +nd shall bear interest #
~,r-- d~•P ~~~-eo~ e+ d~,~ ~afe of nine per centum per annum and toge~her w~fh such interest shall be secured by thE lien of ~h"s ~T+o~gtagr.
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