HomeMy WebLinkAbout0742 . 3179;~~
THIS INDENTURE, Mad~ the l~th day of ~Ptember /?,D. 19_7K between
F. A. Harris and Valerie . arris, 3 M~`R ~
os • • c e -
County Florida, hN~inaftK dt~iynat~d as th~ "MORT(3AGOR," ~nd FIRST FEOERAt SAVINGS AND IOAN
A550CI1~TiON Of fpRT PIERCE, ~ cwporalion orpa~Ised u?d exi~ti~g u~ IM I~vra of th~ U~~ted St~tos of Americ~ ~nd Mvinp ib principal pl~c~ of
busin~u in tM Gty of Fort PiKCS, St. lvti~ Counry, flaida, I+KeinahN deiipMt~d as tM ':I~AOROTO
GE~
WHEREAS tM MORTGAGOR is juitly inckbted ro tFw MORTGAGEE in th~ ium of = fi0~ • , good and I~wful money oi the United
Stat~s advanced by ~hs MORTGAGEE unto the MORiGAGOR, es evide~ced by a ce~tain p~omissory rate of eve~ date ha~ewith, of wh~ch ths (otlowinp in
_«~0 ~ OOO~urC~eO ~s a uw coPy. ~o-w~~: 1.0021 ri$6
tro
ro.~ P~~.. Fto.~d+. ~Ptember l~, 19 7.
Fw v+lue ~eceived, 1, we or tither of us, p~ ise ~to y, without defalcation, to 1he order of FIRST fEDERAL SAVINGS AND LOAN ASSOCIATION OF
iORT PIERCE at Fort Pierce, Fbrida, the sum of j~~~ with inler st from date af the rate of 9' ~ 96 pe~ annum, in monthly inttal4
ments as fo~lows: j~0~•~~ on th~ 2~hday o{ ~Ct'O~Ar , 19 7~ ~ j~~ ~ p~ ~prespondinp day of ~Kh mo~th thtrr
after until the wholt be fully paid.
Exh inatatlment fir~t shall be applitd ;n payment of the interest end then on the unpaid balance of the principal wm. If default is mad~ in th~
paymenl oi any instsllment when due, and wch defsuh continues 30 dsys, then at the optioh of the Iwtder, snd withoul any other ~otice, all the remaininp
~~utallments shall be due and payable at axe. Privilegs i~ yiven to prepay this note in whole a in pari at ~ny tims wi?hout pcn~~ty. Neit iwebearanc~,
nor acceptance by the holder thareof afte~ any defa~h in ~nY paYmen~s hereo~, ~hall be deemed extens~a+. A late paymeM tMrg~ of i 2~•20, shall b~
added to each inatallment remainin~ unpaid 7 days ~ftlr in dw dat~, and a tike sum shall be added to each such insta{Imtnt ~emaining unpaid 7 days ~fttr
esch tucceeding paymenf dats.
Each maker, surery ~nd endorser hereof, jointly and scverally, waives demand, presentment protest arxl notice oi proteit for naipayment, uid further
agrc~as to any exi~~5s~on of lurk oi payment, eitiKr oeio~e a aiier marunty, w~tiaut nonce to any o~ us; and ro pay all costs o~ collection, includinp a
reasonable attwney's fee in the event of ~ny.detaull hereunder, and hereby severally waives all bc~efit of homestcad and exemption unde~ the constitutan
and laws of esch Sate of the United States, as sgainst this~vbl~gation w any eatensan a renewal hereof.
W~tnrss the hand and usl of tach party. .
• S/ F. A. AArris ~
. ,
. - - _ ls~r?u
S Valerie V. Narris ~U
~ $90' ~ 51at! Revenue ~
(S4mps cu~celled on oriyinsl note) 60 ~
NOW, THEREFORE, the MORTGAGOR fw ths purpose af securinp payment of said wm of = ~ and ths perforrrwnce of th~
covananti and agreements her~inafter expressed, and for divers good and wlwbb cawiderations, by thes~ p?esents, does grant, bar9ain, ull, remiss,
release, tonvey ~nd confirm unto the MORTGAGEE, iri successon sn~ sui9ns, dl thaf certain bt, piece or pucel of land, situat~, (ying, snd being In th~
County of St .~,llC i6 and State of Florida, described ~t fdlows:
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The tJorth 1~0 £eet of I,ot 10, all of Lots 11 and 12, Block 2, LINCOIN PARK
N0. l, as per plat thereof on file in Plat Book 2, page 5, Public Records
of St. Iucie County, Florida. ?
By agreement oP Mortgagor and Mortgagee on Pil:e With Mortgagee,
the within mortgage secures not only an eaisting indebtedness,
but also ADVANCES to be HEREAFTSR made by Mortgagee to Mortgagor,
the aggregate oP which will equal the principal amount speciPied
in the promissory note secured hereby.
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'i ~ s TaT ~ = F ~ o ~ ~ ~ ~
; IN PAYbIEM OF T
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; rZ D~CllMEN ~AR" -::~STA_M i' T~_; ~ DUE OM q,A1t'C ENTANG~eIE NcES
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t~c`REVE=,-;~~ ~ ~i ~a ~ rur~urr To c++w~ n.,~, ,~cr~ ~n.
~ cs _ og = SE? lu'1S 0 ~ 1 Cle~c q+touR~ iyn.~j~.l
{ o = ~~,r, ! ST. WCIE 00„ FUL
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~ ropether. w~th all and singular the tenemtnn, hareditamems and sppurtances thereunto b~laginy a in a~ywist appertainirg therew, ~nd all r~r?», bsv~s,
~ proceeds and profb acuuing ~nd to acuue from said premises, ~II of whKh ~re incl~rdad in tht abov~ u~d fweyoirp olscriptian and habsndum,
! TO HAVE AND TO HOLD the above described ~nd 9ranted premises unto th~ ~aid MORTGAGEE, iri wuetwn and auigns forevp. Md th~ ~afd
the ir
E MORTCsAGOR for heirs, executon, ~dministraton and auigns, htreby covenanb with the said MORiGAGEE, its svttestas ~nd aaiprr,
E rhat t'hE'Y-a2'~- I~wfutly seized of tM ~aid premises in fe~ simples that the ~arrw u~ frs~, ckar and dichuped from all Ikns uid ~ncwm
; brances in law w in equity, and that t~y will and t~ ~ h~in d~all wa~ram snd defend tM titM 1o tM um~ to tht taid
MORTGAGEE, in successors and suigns, fuever aqainst tM lawful claims and demands of ell persoeq; .
I PROVtOED, ALWAYS tF»t if the MORTGAGOR shall pay ~nto tM MORTGAGEE the promissory noM hereinbefor~ described and aMll truly, prompflp
' and fully perfam, dischsrpe, eaecute, complete, comply with ~nd abide by each snd every the stipulatiau, ayreertienri, conditiona snd oovtnanb of said
' promiuwy note and of this Mortgsge, t}ron thi~ Mortgs~e ar~d tMe Estu~ hereby ue~ted shall uas~ ~nd be null and wid.
IT IS UNDERSTOOp tMt the word "Mwtyapor' whether in tht si~ular o~ plw~l ~nywhere in this Mortyspe, thall be ~Irg~lu if on~ only ~nd
; sFull be ptural joimly and severally if mor~ th~n one, and that th~ wwd "~heir" as used_anywhere in thit Mortyay~ shall b~ takan to rn~an "his,•• •'htra,'• ~O
w"its;' wherever tF~e context w i~nplies p ~dmits. Also, thst wherever there is a reference in the coven~nts and apreements herein caftai?Nd to a~y of ~
the panies hereto, the same shsll b~ construed to mea~ ss well as the hein, Is9a) rpretent~tives, successo?s and aui~ro (eithar voluntary by act of tlit o~7
parties w imoluntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefib ~nd adv~nta~s (n~r~ ~
~o the respective heirs, kgd repre~ent~tives, tuueuors and ass~gns of th~ parties hereto.
And srid Mwt9ayors, for themselves and their hein, kyal representatives, succeuors u~d ~ssigrq, hereby jointly and severally cov~nanf and ~pr~ ~
to and with the said MORTGAGEE, its iuccason and utiyro: ~
` 1. To pay NI and sinp~lsr ths principal snd interest and the wrious and sundry wms of nwnay paY~blt by virtus oi s+id promiuay note. ~nd thi~ b
~ mo.tysye, esch snd every, promptly on tFw day~ respenively tFw tarn~ Hv~aily becorn~ dw. ~
2. To pay •II and Nng~l~r th~ r~xes, asseafm~na, levies, lisbili~ies, obliyat;ons and encumb.ances of ~wry natw~ ~nd k;nd now o~ s~id dew~d
i property, a that hereafte~ may b~ impad, wffered. P~+ted, kvied, or sueued thereon, o~ th~t here~ha m~y t» levid a pHS~sd upon tl~is Mat~
a ths indebtedneu ~ecured hereby each and ev~ry, when dw Md payabb, aaordinp ro I~w. b~fw~ they becortN delinqwnt, and btfw~ any inb~pl ~
~ atraches a~ny pen~lry is incurred; ANO INSOfAR AS ANY TMEREOf IS OF RKORD THE SAME SHAIL dE PROAMTIY SATISFIEO AND ~ISCHARGEO OF ~
~ RECORD AND THE ORIGINAL OFf{CIAt DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSED
OR CERTIFIED) SHALL BE PIACE~ IN THE NANDS OF SAID MORTGAGEE WITNIN 1EN OATS NEX~ AFTER PAYMENT; ~nd in ih~ ~vent thaf any thereof is rqt
paid, sat'sfied and dischar9ed sa:d MORTGAGEE may at sny time pay tlx same w sny p~rt thereof withovt waiving or afisttiny any optiw~, lien, equiry or
•iqht under or by virtue oF ~his morrgage and ?he full amount of each and every s~ch paymenf shall be immediat~ly dve and payabl~ ~nd shall b~ar iM~rqt
~~om the date tF~ereof vntil paid at rate of ni~e per cent~m per annum and togethe~ with such interest shatl be secured by tM lien of th:s morytap~.
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