Loading...
HomeMy WebLinkAbout1948 ~ ~ ~ lst August 75 ~ THIS INOENTURE, M~d~ tl~ie day of 19 ~~'"1tO^ Harrisosi Holbert and Gloria D. Holbert~ his wi fe - , of St Lucie Co~nty Fla~da, htreinaftt? deig~ated as Ohe "MOR~GAGOR;' and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • cwporatian or9~nized +nd existin~ ~~dat IM lawt of ths United Sta~os of Amerit~ and Mvinp i» Exincipal rlac~ of buiiness in tFN City of Fort P~acs, SI. luc:s Covnty, Flaida, herei~al~rr de~iqnated ai ths "MORiGAGEE." WHEREAS the MORTGAGOR is ju~tly indebted to Ihs MORTGAGEE in Ihe sum af = 22 ~ 4~ , good and lawfu7 money of the United Srate~ advanced by the MORTGAGEE unro tM MORTGAGOR, as evidenced by a ceria~n promiuary oote of even date herewith, of ..hlch the fo:lowinq in words and fi ures is a uue copy, to-wc~: 11000340 s 22, 40~. 00 rio ~ Fwt Pieres. Florida, uqi3S t 1 19~~.. fa value received, I, we or either of us, prom~se to pay, without defalcatio~, ta the order of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF :ORT PIERCE at Fort Pierce, fbrida, the sum of 5-22-1-400 • 00 v.•~tk~ in~errst irom date at ~he rate of 9! ~'p per annum, in ma~thly install- ~~a•,rs as fal:ows: S-?O? =O0 - on ~he 2~thday of ~PteIDb@Z_, ~q_7S_ and a like sum a? 1he carespondinp day of each momh thcre- aher until ~he whole Ix fully paid. . fach installment first shall be applird in payment of the interest anc! then on the unpaid balance of the principal wa+. If default is msde in th~ F•.;;~nent of any installment wi+en due, and auch default co~tinues 30 days, then st the oprio~ of the hotder, and without any other notice, all the remaining :~.stallments shail be due and payabte at once. Privilege is give~ to prepay this note in whote or in part at eny time without penslry. Neither forebearance, nor acceplance by the holder thereof after any default in any paymenfs hereon, shal! be deemed extens~on. A la~e payment charge of S1O. 10 shall be •~i;led to each insraliment remain~ng ~npa~d 7 days after iri due dale, ertd a like su~n shall be added to each sucb installment remaining unpaid 7 days after each succeedireg payment date. Each maker, surefy and endorser hereof, jointly and severelly, waives demand, presentment protest and notice of protest ior nonRsyment, and funher egrees to any extens~on of time oi paymen?, eithe~ before w after maturity, without not~ce to any of us; and to pay all costs of collectioo, intludiny a r~ ~sonable attorney's fee in the event of any defautt hereunder, and hereby severaliy waivcs all benefit of homestead and exemption under the ton~titution snd laws of each Stare of the Ur,:ted States, as ayainst this obligation or any extension or renewal hq~pf, Wit~ess the hand and seal of each party. ' ' S/ Ha r~ con Hc~lhert -(s~wU (sE~?U S/ Gloria D. Holbert ~U 33. f~ Srate Revenue _ " ts~u ?~~pXlG~fce1MX?~Qq4~Di]Er DOX~e MOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 22 ~ 4~~. ~0 _+~d the pe?forrrunce of th~ co:enants and ag~ee:nents hereinafter expressed, and fo. d~vers good and va~uable consider~tions, by these presents, does g?ant, baryain, sell, remise, ~•iease, convey and confirm unro the MORiGAGEE, its successors and assigns. ail thal certain lot, piece w parcel of land, situate, lying, and being in the County oi $t Lueie and State of florida, dewibed ai follows: ~ 7(i ~/Vl/(L' ~d' 6/C.~~~ Begin 150 feet South of the Nort~west corner of the Sast 2 of the NE4 of the SW4 of the SE~ of Section 9, ToNrnship 35 South, Rar~ge 40 East, run East 70 feet, thence South 161.9 feet more or less to the North right-of-way line of fiaster Avenue, thence West along said right-of-way line of Easter Avenue 70 feet, thence North to the Point of Beginning. By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the within mortgage secures not only and existing indebtedness, but also Advances to be HERFAFTER made by Mortgagor to Mortgagee, the aggregate ; of which will equal the principal aunount specified 4 in the promissory note secured hereby. ! ~ ~ r, ~ ~ Z~ ~ T~ ~1._ rJ R i D A ~ . ~ t ' [:J;.U~~iEi~?ARY S?AMP a ~ € ~ ' " ._Ei'T ; F EcYE:i'JE , RE(~lVm - ~ IN PAYMENT OF TAXES ? ~ c ` _ - _ ~r~- 'r DIE ON CIA~ INTAN61BlF rERSOYAL PROPERIY, . = ~ ~ 3 3. 6 0 ~ ~ - P e ~ - ~ PWiSiY11~(1' TQ QMPiFR ~1•i~. ~s o~ i9n. ~ - . ~r ~ . . . . . ~ . . . . . . . 1 Nos~ Porrius IXERK CIRqlIT OOURT, ST. lUC~E 00.. FlA ~ ~ ~ogeiher with all and singu~ar the tenements, hered~taments and appurtances thereunto bebngirg a in snywise appertaininq M~defo, and all rents, iuuq, ~ , roceeds and profits accruing and to accrue from said premises, aft of which are intlvJed in the above ~nd fwe9aoy dptription snd habendvm. ~ TO HAVE AND TO HOID the above desa~bed and g?anted premixs unto the seid MORTGAGEE, its successors and auigru forever. Md th~ said ~ their____ :'.GRTGAGOR for heirs, executors, administratws and assgns, hereby tovenanri with the sa'id MORTGAGEE, its wtceswn and ~ssipm, ~ r:,jf ~heY_-~-I~--_ lawfu0y seized of the ssid premises in fee simple; thst the same are frse, clear snd d'~scharged from all liem and tncwTM c~ances in law or in equity, and that they _ r,,;~~ a~ their ~~n ;F~a11 warrsnt and defend the title to fhe same fo fhs ptd e t1,ORTGAGEE, irs successors and assigns, fwever against the lawlu! claims and demands of all persont; ~ PROVIOED, AlWAYS that if the MORTGAGOR shall psy ~nto the MORTGAGEE the promissory rate hereinbefwe described u~d ah+ll f?uly, promptly - ~ -~d ful~y ,~erform, d~scharge, execute, complete, comply with and abide by each and every the stipulatian, agreements, condiuons snd covensnts of said ? :~~om~ssory note and ef this Mortgage, then this Mwtgage and the Estate haeby ueated ihall ce+se and be null and void. v0~ ~ IT IS UNDERSTOOD that the wad "Mortgaga" wherher in the singular w plura) anywhere in this Mortysye, ihall be sinpulu if one only ~nd ~'t _ a shall be plural jo~ntfy and severally if "more than one, and that the wad "the~i' ss used snywhere i~ this Mortg~ge shsll be tsken to mesn "his,'• •'htn•• ~v :r "~ts;' wherever the conte,ct so implies w admits. Also, that wherever there is a reference in the covenanb snd sgreemenls herein confeined to ~ml of ~ ~ rhe pa~t;es hereto, the ume shalt be construed to mean as well as the hein, lega) representatives, successon sad auigru (either voluni~ry by uf of fh~ ~ ~ parries or involuntary by operation of the law) of the same and that the covenants herein tontained shall bi~d and the benefits ~nd ~dvantages inw~ ~ fc the respecti~re hein, legal represematires, successws and eu'gos o~ the psrties hereto. . ~ ~ And said Mongsgors, for themulves and tF~eir heirs, legal repreumativa, successors and suiyns, hereby jo+ntly and severally coven~M and apree to and with the wid MORTGAGEE, ifs successors and assigns: ~ ~ 1. To pay all snd singutar thc principal and interest and the various and tu~dry sums of money payable by vinue of ssid promissory note, and this m.ortgage, each and every, prompfly o~ the days respectively the same severaQy become due. ~ 2. To pay all and firgufu the tsxes, assessments, levies, lisbilities, obligstiorts a~d encumb~ances of every n+ture snd kind now on uid described ~ propcrty, or that hereafter msy be imposed, suffered, placed, levied, or sssessed thereon, a tMt heresfta may bt kvied w uiea~ed upon tfi$ MwtQ- ~ age, or the indebtednes~ secured hereby, each and every, v~hen due and psyable, sccading to bw, before they become delinq~t, and before any intarest af~zches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORU THE SAME SHAII dE PROMPiIY SATISf1ED AND DISCHARGED OF RECORD ANO THE ORIGlhAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OFFICIALLY ENDORSE~ ~ OR CERTIFIFD) SHAtt BE PtACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd i~ the event tMt any thereof is rwl ~ oa~d, saYSfied snd dixharqed sa:d MORTGAGEE may at any time pay the ssme w any part thereof without wairir~ o~ sffecling ~ny option, lien, equify q f .~ahr unde~ or by v~rtve of this mortgage and the full amount of eath ~nd eve?y s~ch payment shall be immediately due ~nd payab!e and shall bear interest ~.c~r ~~•c •i>-e~° ~r~ d~• ~ate of n~ne per tentum per anoum and together w:th suth interest sball be secured by the lien of th s~^o~gtaqe. -;K` ~ a . r ^a . .p s' _ }"~~`.~'~"~.~~"~,~.-~z - . . . . _ %i -