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HomeMy WebLinkAbout2159 31~s''?'&3 's ~ 1 THIS INDENTU IWd~ the ~th day of Septem et . A.D. 19_~ b~ t~n C. Thom son and Luc~lle ?hom son his wife of S~ . 1.~C~e ~ ~~~y rya;~, h~.ein~itK daiy~ared as th~ "MORTGAGOR;' ~nd fIRST fE~ERAI SAVINGS AND IOAN aSSOC1AT10N OF FORT PIERCE. ~ oorpa~t~on orp~nized ~~?d ~xiainp unJK tM I~ws of ~M United S~~~a of Arrw~ka ~nd h~vinp itt p~incipal pba of bui~r?~ in ~M City of Fort Pi~rc~, St, l~ci~ Couny. FbrWa, Mf~1MNN ditiQMfld ~s tM "MORTGJIGEE." WHEREAS tM HIORTGAGOR is jvuly ind~bt~d to tFN MORTCaAGEE in tM tum of s 17 ~ f~~.OO ~ood and ~+wfv~ n+a+ey of the Uniled Srate~ adv+nced by ~M VWRTGAGEE unto ~h~ MORTGAGOR. si tvidenced by ~ ce~tain promiuory no1~ of fYM dats M~~withi, of whtch Ihs ioltowiny M wordi u~d (i~ur~s is a trw copy, towit: 17, 600.00 13000132 ~ s fwt Pierc.. florida. .S~°Rt°'°t,or 4 19~5. ~ fw valus ~eteived, 1, we w eitha of us, p~omisa to y, without defakatia+, to tl~e order oE FIRST FE~ERAL SAVINGS AND LOAN ASSOCIATION Of { f FURT PIERCE at Fwt Parce, Fbrida, ~he sum of s ~'7 ~ w;~h interest from d~tt at the rat~ of 9•~96 pet annwn, in monthiy instalb ~:~eniS as folbws: S 158•~ on the 20thd~y of October __~9 75 a~ ~ liks ~w++ on th~ correspa~dinp d~y of each month tMre- eftcr until the whole bs fvlly paid. Each installment first th~ll b~ +pplied in payment of the inte~esl and thcn on the unpa~d balancs of tM p?incip~t wm• If defauh is m~d~ in tM payment of any ins~atlment when dus, and such default co~tcnues 30 day~, the~ ~t the optan of ~Fr holder, and without any otixr notice, alt ths nmainirg ~~,srallments sh+tl bs due and payable at once. Privilege is yiven to prtpay Mis note i~ whol~ or in part ~t sny t~me withoW pen+hy. N~ither for~btannts. nor acceptante by the holder thereof after any delault in any paymentt hereon, se:atl be deemed extension. A Iste p~yment thu~ of ~ 7•9O shall b~ added to each i~sta~lment remainirg unpaid 7 days afta itt d~e date, ~~d ~ like sum shall be added to each such ir?slallment remainirg unp~id 7 days afte~ each aucceeding paYrtxnt data Each mskcr, surety and endorser hereof, joi~tly ~nd severally, w+ives demand, presemmcnt protest ~nd notic~ of p?otest fw rwnpayment. and fwtlwr agrees to any extenaion of time of payment, either btfore w af1H maluriry, wi~hout notice to any of us; and to p+y +II co~ts of collectan, includirg a reasonable attorney i fee in the event of any defaul~ Mre~nde~, and htrsby severally waives all benefit of homestead snd exemptwn ut~der th~ constifution a~~d ~~ws of each State of the United SutRS, as agsinst this obligation or ~ny extension or re~ewal he~eof. Witness the h~nd and xal of exh party. r _ S/ O. C. Thom~:~on (SEAI) . . . - , ~ . . . ~ (5~?U S/ Lucille ?homQ,s~n,, his ~rif~U (s~?U ~ _ ~ • a0 J Stats Revenus . -t9r ar+,pr caxeNed ~e. eeiyk~.l-„o~e}- 17 , 600 . 00 NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~rirg p~ym~nt of said sum of s .•od rM p~.formsnc~ of the covenants a~d ~greements hereinafter expressed, and Fw divers 9ood and v+lu+bk contideratiau, by tMN presents. does gr~nt, baryain, ull, ramise, release, convey arid confirm unto the MORTGAGEE, iq succeuors and suigns, all that certain lot, pieoe w puce~ of lu?d, tituat~, IyInp, ud btinp In tM Covnty of St . Lucie and $tat~ oi fbrida, deacrib~d ~s fdlows: I.ot 6, Block 45, RIVER PARK UNIT 5, as ner plat thereof on file in Plat Book 11, page 31, public records of St. Lucie County, Florida. By agreeaent of Diortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but als~ AdVANCES to be HEREAFTER made by Mortgagee to Mortgagoz, the aggregate o!` v~rhich will equal the principal amaunt specified in the promissory_note secured hereby. - 3y~y_ ~~o ~-~o~~-o°d . ~ STAT oF Fl.._OR1DA ~ .,x DONMENTARY~ 9` STA1V~_P ~ A 7~ I ; °c-~ `Y' OEPi. OF REYE11Uf /`c~ S i ~ N = ~ , .:q 4p_~ P~ ~ SEPtS'i5~ L v. ` ~ = 11142 S` , ~~."~~V ~..~-V . . . . . . p~~~ ~M~~~ ~91R p~ T~ ar"'''Q ~•~M~'°RS~r~t ~o~artr cx,~ ~ ,rorneu~ °F ~~i.~ . ~Y ~ rogether with all and singvlar the tenert~ents. Meredit~ments u~d +ppurtances thereunto befagirg w in anYwik appsrqininp tFwr~to. Md all nntt, isrws. ar«eeds and profin KGUirl9 snd to accrve from sa~d premises, all of which ue induded in tlw abov~ and forepoirg d~sviption ud habendan. TO HAVE AND TO HOIQ the +bove described a~d yrsmed pr~maes unto tM said MORTGAGEE, Ns wocesson and ~ssipro forerw. Md th~ ++id MORTGAGOR fw thel! Mirs, executon, administrators and assiyro, hereby covenanb with the aaid 1MORTGAGEE, its woaasors and assfprr. ~har h~ arQ lawfully seaed of 1he said premises in fes simple: that tM sa+r» u~ frk, clear u~d d'ach~r~d fran dl lism ard ~e~wr? brances in law w in eqvity. ~nd that they will and their ~II warant and defMd fM tit~i b tM ~a+m to th~ said +AORTGAGEE. its successon and assgns, fwever +gainst the Iawful daims and demards of ~II persaa= ~ PROVIDED, AlWAYS thst if the MORTGAGOR shsll p~y unto iM MORTGAGEE the promissory note her~inbefott datrib~d ~nd slwl~ tn?~Y. W~P~h and futly perform, diuharge, execute, compkte, comply with and sbide by e~ch ~nd every tM ~tipulataro, apraem~nb, conditions snd cown+nb of s~id - p~omissory ~ote and of this Matgsge, then this Mwtgape snd the Estste hereby v~ated ~MII ceas~ snd b~ null and void. ~o ~ ~ IT IS UNDERSTOOD tMt the word "Mort~agor" wi~ether ir? the s~rg~lar or plwal ~nywMn in this Matyap~, sMll bt sirgul~r ff on~ only and »p ~ sha!! be plural jointly u~d severally if mor~ tMn one, and tFwr tF~t word "tht'a" ~s used anywMn in Nua Mwtpay~ shal) M tak~n to m~an •'I+is;• "hers," ! o~ "irs " wF~ererer the context so implies or ~dmits. Alw, r!?~t wherever there k a reference i~ tiN cownu~ri u+d apr~nents henin ca+t+ined to +nY of ~ ~ ~he pan'~es hereto, the same shslt be construed to me~n as well a the hein, le~al rpresent~tiws, s~a.~ston and assipn~ (sHlw~ vduM+rY bY +a of tht ~i parr~es w invotunury by operation of tf~s law) oi the ~ame and thst the coven+nts herein conti~ned sh+ll bf~d and the b~mfits and advanbpa Irwn~ ~ ro fhe respective hein, 1e9a1 representatives, succeuws and +ss'9ro o~ th~ parties hereto. s~ And said Atiwtysgon, fa themselves and thcir IKirs. Isyal repre~a+tatives, successon ~+d assipro. Mr~by jointly and ievKally oov~r~am and apne ~ re an~ with the said MORTGAGEE, in successors and assgns: 1. To pay all ard ix~gulu the prlncipal and interest and tM vaio~n and sundry wms of mo~ty pay~blt by vi~tw of saW pramiswry ~ofe, and this ~ Ng mortgs~e, sach ~nd every, pompty on the days respettively tM sam~ sewr~lly becon+e due. F'~ 4. To pay dl and sing~rl~r tht ta:h, sssessmenb, tevies, li~bilitin, oblgstions and ~ncvn?branon d wery n+tur~ and kind raw on ~+id d~+~?~d ~ property, a that h~reafnr may b~ impos~d, svffered, placed, levied, or ~wswd th~rwn. w that Mn~far inay b~ Iwi~d a asas~d vpon Mis Mor1p~ ~ age, a tM i~debtedness secured hereby, each snd every, when due snd paysble, aawdinp ro law, befor~ N~ey becan~ delinqvsm, and b~for~ N+y im~nst attacl~es or any p~mlry is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAIL SE PRON1PTlY SATISFIED AN~ DISCHARGE~ Of RcCORD AND THE ORIGINAI OFfICIAI DOCUMEM 15UCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SA7tSFACTION PMER OFFICIAIIY ENOORSEO OR CERTIFIED) SHAII 6E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ tM tvent th~t any thereof fs not pa~d, saYSfied and dischar9ed sa:d MORiGAGEE m+y st any t~me pay the same or sny part thereof without waiviny a affectinp ~mr option. 1'hr?. ~qvity a •~qhe under o? by virtue ci rhis mortysye snd the full amouM of exh and every svch puymem sh~ll b~ fmmediately dvt snd pay~ble •nd ihall beu int~rest tro-r +~e date !F~e~eo~ w!~i na d a~ rate of nine pN temvm per annvm and toyeth~r wilh f~rth intN~st shall be secured by tht lien of th:s morgtage. 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