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HomeMy WebLinkAbout2939 ~~19 ` ~ iHIS INOENTURE. Made the 2~th day o1 ~y A.D. 19_?~ , between Ggorge C. Smith and Joy_ce_K~_Smithihis wife of St~ 1.11C~e County Flwid~, here~nafter des~~nafcd as ~ne "MORTGAGOR," and fIRST fEDFRAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporat,on organized and exitri~g u~xJer the IaNS of the Un~ted Sm~os of Ama~u and hav~np its p~~ncipal plsce of bus~ness i~ the City o( Fw1 Pierce, SI. lucie Go~mty, Flaida, hereinaf!a~ des:g~ated as tha "MORiGAGEE:' WHEREAS tha M02TGAGOR is ju~tly indebtrd Yo the MORTGAGEE in the s.,n: of S~s6_~.~__~ ~ good and lawiut money oi the Un~?ed S~ates advanted by the MORTGAGEE unto the MOkiGAGUR, as euCle~~C<•d F~y J te~~o~n prom~ssory note oi even date he.ewnh, oi wh:ch tha following in r.crds and iig~res is a true copy, to-wi?: s_11,600.00 ' No 10021357 Fort pierce, fior~da, MaX Z~ 14._Z.~ for value receiveJ, 1, ~~e or c~ther of ~s, promise to pay, vv~!hout defa~c•~t~on, to f!~e or3er of F~RST fEDERA! SAVINGS AND IOAN ASSOCIATION OF ;'rRi PlERCE at Fort P;rrce, Fiorida, the s~:m of S--~l i6~~ ,n;e;~st fro:n dote at +he rate of 9i0_°,o pe~ annum, in mon~hly ins~atl- ~:,fs as ioI!ows: S_l~st~~- on eh~~h- day of `lul~-___- . Iv75__ and a like sum on the cwrespond~ng day of each month there- r~•r ~ntil the whole br f~ily ~,a~d. Each instailmant i~nt shall be a~~pl.ad ~n paymeM of the irorrest and then en ~he ur.paid balance of the princpal sum. If default is made in tha •,enr oi a~iy ~nsfa,!ment xhrn due, a~:d wch defavn co~rinues 30 days, ~h~~n at Tne op~~~n ot d~e ho:dr., and without a~y other notice, all ~he remaining ~a!lments shail be due and payab!c a~ once. PriviiegE is g~ven to prepay thls nofe ~n whole or in part at any time withoul pena{ty. Neither fwebearance, ,~r accrptan~e by the ho;der the~eof afte. any defauit in any payrie:~~s hereon. shatl k~e dcemrd exteniion. A lale payment tharge of S5!-~1--5--. shall be d to eech fnstal~n~eri re:~fain~ng ~npa~d 7 Jays after its d~e date, anc! a!iki+ S~:n shall kr ~d~ied to.each such installmeM remaining uopaid 7 days after ,_h svcceed~ng payme~t date. Each maka+, sur~ty and endorser hrreof, jo~nt~y a~~d srvcraity, wa;ves der. n~.d, Hrasantm.ent protest and notf.e of protest for nonpaymeM, and iurther -es to any eat•_ns~on of t~~ne of paynx n~, •~~it;~: brfore or aher n,a~unty, ~.nhout r:,r,ce ~o an~ oi us; and to pay all costs of m:leaion, incl~d~+~g a ;enable atto.n•_y's fer ~n ~he eYer.r of o~,v dc'w'i hereundar, arxl he:eby se.e•aily waives att benefit of homes~ead and exemption under the constitution .~.~~vs ot eath Scate of tt~e Un.red ~ia'vs, az ~~a:nst th~s ob~~ganon w any exte~s~o~ cr rer.ewai 'r.ereof. VJ~rness tne hand and seal of each party. s/George C. Saith (SEAu (SEAI) s. oyce K!---___ t s~~?!~ $17. 40 . ls~?U _ ) S~ate Revenue ~+e.ps~e~seMed~an»ig~ne~~~ef ~ ~ . NO'N, THEREFORE, the MORTGAGOR for ehe pu~~.ose of securing paymer,t of.aa~d wm pt S 11 ~ 6Q~~ 0~ , and t1~e ptrformance of ths .~.enanis and agree~r.en~s hereinafter express~d. and for divers good and vatuabte rons;:'.erat~ons, by these presents, doe~ grant, bargain, :ell, remise, ~.•,se, tonvey and conf~rm unto the MOkTvAGEE, its wcceswrs and ossigns, aY that cenain lot, piece or parcel of land, sit~ate, lying, artd being in ths St• j.\1C1@ S. ..s c~,..:a. a., .:ti.,a s.,~~.. oy _ . - - Lot 20, t~DLAWN TBRRACE, according to the plat thereof on file in Plat Book 9~ Page 49~ Public RecoYds of St. Lucie County~ Florida~ . . . ~'~DS~- 7/G - ~oaa o00/3 . . . _ y ~ 1 -T, • ~ ~ ~ ' Y ~ . c-~ ~~`I , ST~~!'~~~~~ t. ~ ~ ~'frr_~~~~ - 7 ~ 0 t --j _ - " - M1a _ _ - r-~ ` 1. } i M ` y , _ J; e ~ ~ ..~~+~'~r~- - E ' C./ IN PAYMENT OF T11~3 ~ RECEIVED pE~,p(iAL PRO~ERIY~ DUE ON d11SS'C' IIiTIING{8lE ~ p~R~lAI(T TO CW~PIER 71-134. 11CTS Of 1911. ROCER PORRAS ~ pFRK CIRCIIR CW!(~. ST. LIICIE OD, FLJI ~ ~ • . ~ ~ ~ ~her with aif and singular the tenements, hered~taments and appurtances thereunto belonging or in anyw~se appertaining tnerero, and aii renrs, issues, ~ .-~ceeds and profirs accrv~:~g and to accrue from said p~emises, all of which are included in the above and foregang descriptior? and habendum. ~ TO HAVE AND TO HOtD the abcve descr~bed and granted p~emises unto the uid MORTGAGEE, itt sutcessort snd assigns forevet. And 1F» Nid ~ •^?TGA OR fw -~~I------ heirs, executo~s, administrators and assigns. hereby tovenants with the said MORTGAGEE, its succeuott and asfipnt, ~ ;f -t~e~/ dYe - lawfully se~zed of the uid premises in fee simpie; that the ssme sre free, clear and discharged f~om all I'~ero and encwn- ~ rances in law or in equ~ty, and that_t~_ will and their hein shall warrant snd defend the title ro the ssriw to the ssid '•-7RTGAGEE, its successors and assigns, forever against tFx lawiul claims ar.d demands of all persons; ~ PROVIDED, AlWr1Y5 that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinb~lwt described snd sFull buly, promptlr _ d fully perform, d~scharge, exewte, complete, comply with and abide by each a~d every 1he stipulatioes, agri~e~nts, conditions and tovtnaMi of said ` •,•T~~sso.y note and of this Mortgage, then th~s Mwtgage and the Esrate F.ereby created shall cease and be null and void. ~ ~ IT IS U?vDERSTOOD that the word "Mortgagor" whelher in the singular cx plural anywhere in this Mortgage, shall be tingular if wx only ind d r s^.all be piural jointty ar.d severally if mo~e than one, and that the word "thelr" as used anywhere in this Mwtyage shall be tsken to mean "F~is;' "hero;' ~7i0 ' =r "~rs," wherever the context so i-np!ies or admits. Also, that wherever thare is a reference in the tovenants snd sgreemenfi herein tontained fo any of ~ r~e parties hereto, the same shall be comirued to mean as well as the heirs, legal representativp, successws and issigns (either voluntsry by act of tl~x x :.art;es or involuntsry by operation of the law) o~ the same and that the covenants herei~ contained shall bind ~nd the benefits and adrsntages irw?~ ~ +o the respective heirs, legal representatives, successors snd asrgns of ihe put;es hereto. ~ And said Mortgagors, fw themselves and the'u heirs, legal represenutives, successws and suigns, hereby jointly and severally cownant ~nd ayr~e ~ ~ ~o and with the u~d MORTGAGEE, its successors and assyns: ~ 1. To pay all and singular the principal and inrerest and the various and sundry wms of money payabl3 by virtue o/ ~a'w' promissory note, +nd this ~^,ortgage, esch and every, promptly on tF+e days respectively the same severally become due. ~ 2. To psy all and •ingular the taxes, s~sessments, levies, liabilities, oblgations end encumMances of every n~tuer and kind now on s+id desaibed ~rope~ty, or that hereafter may be imposed, suffered, plxed, levied, or auessed thereon, a that hereafter may be levied w suetsed upon this Mort~- age, o~ the indebtedncss secured hereby, each and every, when due and payable, accwding to Iaw, before they became delinqusnt, u~d befat ~ny inttrdt ,•raches or any oenaNy is incurred; AtvD INSOFAR AS ANY TMEREOF IS OF RKORp THE SAME SHAII BE PROMPTIY SATISfIEO ANO DISCHARGE~ OF ~ ~?CORO ANO THE ORIGthAI OFfICtAI OOCUMENT (SUCH AS, fOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICtAIIY ENDORSED ~ vR CERStFIEO) SHAII BE VtACED 1N iHE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any threof is not ~ ;.3 d, saYsfied and discharged sa'd MORTGAGEE msy at any time pay the same w any part Ihereof without waiving w aifecting any option, lien, equiry w •~qht under or by v~rtve o! this moregage a~d the full amount o~ each and every such payment shall be immed~ately due and payabk snd sh bear interest ~ ~ '.r.m ~tiP da~e ~~~~e~~ •_nt~l pa d a+ rate of nme per centum per annum and together w~th such iMerest shall bt secured by fhe ~+en of +h s~fi..~!age ~ ~ , ~ , i ~ ~ ~ ~ ~ . ~ _ . _ . ~ ~ E u`.~~~~~~