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HomeMy WebLinkAbout0181 . 317.5.~3 1HIS INDENTURE, Mad~ tM 22nd day c{ ,,.,r SepternbeY A.~. 19 7~ betw~sn Alex t~l. Namenond, a si~~le a ult p{ __~t . Lucie Camfy fiwid~, AereinafeN d~~ign+ted ss ~he "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSOCI/1TION OF FORT PIERCE. • corpwatio~ ap~nized and exi~~in~ u~ tM I~ws oi ~he Um~ed Sar~t of America and havinp iri principal pl~c~ of bwintw in tM Ciy of fat Piuc~. S~. luci~ Co~nry. florida. her~inaf~~r d~si~~a~ed ~s tM "MORTGAGEE.•• WHEREAS tM MORTGAGOR is justly indtbted to tl» MORTGAGEE i~ the sum of 16 t SOO. 00 , 9~ a~ Iawful money of the Un~~ed St~tes advanced by the MORiGAGEE u~to the MORTGAGOR, as evidanced by a cerlain promisswy note of even date herewith, of wh~th the followinp in words and figures is a trw copY. fo-wit: ~16,SUQ.QQ - ~ 10021602 . fort Pierc~. Florida. Septe~nber 22 19 7$ Fw value received, 1, we w either of us, prom~x to pay, withoul defalcarion, ~o the orde? of FIRST FEDERAL SAVINGS AND IOAN ASSOCtATION OF FORT PIERCE at Fat Pieres, Florida, the wm of f 16 ~ 5~. 00 wit6 interest frar date at the rate of ~9 _96 per an~um, in monthly install- msnrs ss fotlows: s 139.00 20tf1 day of Novemb~r___ 19 7Sand a like iwr on the carespw~ding day of each month there- afte~ until the whole be fully paid. Each installment first shall be applied in payment of ths irtteresl and then on the unpaid balance of the princ~pal svm. If default is madt in tFa payr~ent of any ins?allment whsn due, arxl such default continues 30 days, then st the opt~on of the holder, and without any other not~ce, all the remainin9 installments ihall be dw and payabb at once. Privikge is giwn to p~ep+y lhis note in whole or in part at any time w~thout penalry. Ncithe~ torebear~~ce, nor accepta~cs by the holde~ thereof after any defsult in any payments he~eon, shall be dee~ned extension. A late payment charge of S~ sh~l) be added to eath installrnent remaini~g unpa~d 7 days after its due date, and a tike sum shall be addtd to esch such installment remaining unpaid 7 days aher tath succeedinp p~Yment date. . . Each maker, surery and e~dorser hereof, jointty and sever~lly, waivea demand, presentment protest a~d notice of protest iot nonpayrt?ent, and furth~r ag~ees fo any eatension of ~ime of pay~r.ent, either before o? after maturity, without not~ce to any of us; and to pay all costs of collection, includinp ~ reasonable atto~ney's fee in the e~ent of a~y default hereunder, end hereby fevcrally waives a~~ bcnefit of homestead a~d exemption under the constitution a~d Isws of each Stste of .the United Statas, u against this obligatio~ w any ex~e~sion p renewal hereof. . Witneu the Mnd snd seal of each party. _ . REAq S/ Alex W. Harn~ond, a single ~U - - - i~cwii - (SE~?U ~ $ 2 4~ 7 j i State Revenw ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of xcvrinp payment of said sum of s 16 • S~ . 00 , ind the performance of ths caren~nt~ and apreement~ hereinafte? expressed, snd fo~ dlvers pood and wlwWe confide~ations, by tFrose preser+ts, does grant, bary~in, sell, re+nise, rel~ase, convey and confirm u~to tF?e MORTGAGEE, ib successon snd auigns, all tMt certain bt, piece w parcet of land, •ituate, lying, and beinp in ths C~~ ~ St . LilC 1 E snd State of Flwida, dewibed es follows: North 20 feet of l.ot 6, all Lot 14 and South 40 feet of Lot 15, Block 4, PINBWOOD SUB~IVISION, as per plat thezeof on file in Plat Book 5~ page 24 of the public records of St. Lucie County, Rlorida By agzeesent of Mortgagor and Irbrtgagee on file with Moztgagee, the within aortgage securea not only an existing indebtedness~ but also ADVANCBS to De l~RB- , AP7BR Qade by Mortgagee to Moztgagor, the aggzegate of whiCb rrill equal the principal anount specified I in the proaissory note secured hereby. . :-o r N ST~,~t-~ „ DOCUMENTARt~,~=;., L`'~-?!Q!`., 1 2~ a~a~.vc : -~\~ISTkMP . _ N RcVENUE' ';iT:, - ' 7 ~1 a - _ sEV2; ' j : ~-~r`z ~ .L~D ~M WWMEM ~ TNtE~ PB. •~s ~ d. 7! E n. o E i;,~' z 5 ~11"°'11E ~E"S°""` P~ ~ ~ WRS11~lt[ TO l~111IiFR 7I-13~. AC~S Oi 1911. ~ ppCER lW1Wl: ~yj S[. WC~E 00. FlA ~ topether with •It and singulsr ti~e tenemenn, hereditsme~b ~nd sppu„~nces thereumo belongirg or in anywise appertairting thereto, ~nd ~!I rtnb, iuws, procesds and profin acuuinp snd to accrue from s~id premises, all of which are included in the above ~nd foreyoirg dewiptan and h~bendiim. TO HAVE ANO TO HOtD tM above dewibed +nd gnnted premius uMo the ssid N10RTGAGEE, iri sutcessws and auipnt fwwat. And tM wid INORTC~AGOR for h 1 S hein, executws, administr~tors and assigns, hereby covenanri with the said NIORTGAGEE, i» waeswn and ~ssipra, tMt tle 1 S V~~~~~Y ~~Z~ of the saed premises in fee simple; that the s+me are free, cl~~r ~nd discharped from ~II liero end ~ncwn- brances in law w in equity, and that he wilt and h15 hein shall warra~t and defend the title ro the sam~ to tht saW MORTGAGEE, its tucceuws ~nd suigns, forever agairut the lawfvl claims snd dem~nds of all perwru; PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~mo the MORTGAGEE tM promiuory note hereinbefon dewibed and iMll huly, promptly and fulty perform, dcxharge, eaecute, compkte, compty with and eb~de by each and every the stipulatio~s, ~rNmlMf, CWfditiOflf ~?1d COVfMfltf Of l~Id promiisory not~ and of this Mortgsge, then this Mortqsye snd the Estate hereby ueated shall cease snd be null and void. aoo IT (S UNDERSTOOD tMt tF+e hrord "Mor~gsgor" whether in the sirgular w ptwal anywhere in this Mortgage, shatl b~ sirgular if one only ud shall be plura{ jointly and wverally if mo?~ than one, and that the wwd "their" ~s uted anywhere in this Mort9a9e sMll be tsken to m~sn "h'q,•• •'htn•• ~c w"ib;' wherever the tonteat w implies or ad~r~~n. Also, that wherever there a a reference in tix covenants and apreemen» herein cont~irnd to a~ryr of ~ the parties hereto, the ~ams ah~ll be construed to me+n as well as the heirs, ky+l represent~tives, succeison and astipro (cithe~ voluntary by act of th~ parties a inrolontary by opention of the law) ef the same and tha~ the covenants herein contained shsll bind ~nd the benefitt and advantapp iow~ F~ to the respectiw hein, k~aal representatives, cuccessors and au'9ns of the parties hereto. Md said Mortyspon, for tF~emielves and lheir Min, legal rtpresentatives, succeuors a~ auigns, hereby jointly and stverally covena~t and apne a ro and with the said MORTGAGEE, its sucusson ~nd ~aiyru: ~ ~ T 1. To pay all and sinpular tMe printipal and intaest and the various md wndry sums of money payable by virtue of said promissory note, and thb mortpa~e, tacF? +nd eve~y, promptly on ihe dayt respeaively tht same averatly becom~ dw. ~..a 2. To psy ~II and s~ngvla~ the uxes, us~ssmenri. Iwies, liabilities, obtigati«u ~nd encumixarues of every nstwe and kind naw on uid dewib~d(~ prop~rry, p tMt Mreah~r may be imposed, wffered. Plated, kvied, a assest~d thereon, w tMt hereafter may be kvied a asseasd u~wn this Morlp~ sp~, a the indsbted~eu secwed hereby, esch a~d ~very, when dve aod p+yabk, suordirg to law, befae tMy becan~ delinqueeit, and b~fwe a~ry? inttr~st attaches a any peeNlty is inturred; AND INSOfAR AS ANY THEREOf IS OF RKORD TNE SAME SHALL 8E PROJNPT/Y SATISFIEO AND OISCHARGED OF RKORO AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR tNSTANCE, THE TAX RKfIPT OR THE SATISFACTION PAPER OFfICIAIIY ENOORSEO OR CERTIf1ED) SHAII 6E PLACED IN THE HANDS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT 11FTER PAYMENT; u~d in the event tMt ~ny thertof is no1 paid, saY~fied and dischar9ed sa"d MORTGAGEE may at any time pay the same w any part thereof withovt waiving or affecting sny option, lien, equiry w •iqht under w by vi?tue of this mortgage and the full ~movn+ of each and every such payme~t shall be immediately d~e +nd payable and shall bear inte~est irom the date thereof untit paid at rate of n~ne per centum per annum u+d togNher w~th such interesr shall be secured by the lien of th:s moryta~. . . . . . . _ _ _l ,