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HomeMy WebLinkAbout1949 . ` ` ~ ~ ` ~ 318~13 THIS INDENTURE. Mad~ tl+~ 7tb da of ~~~r A.D. 19~~.. betwsM Marlin Ro9er Cook snc~ G~evs Cook, his wife i ~ of _~St ~ I~eie C~nfy Ftor~ here'u~iter de~ignated as ~M "MORTGAGOR," ~nd fIRST FEOERA~ SAVINGS AND LOAN ASSOCIAiION OF FORT PIERCE, ~ oapaa?an wyu?ized a~d existin~ w~d~r tM (sws of the United S~~t~s of Am~rka and Mvinp its principa) piaa of bus~nNt N tM City of fort PiNC~, St. luci~ County, Florid~, herein~fter d~si~natad ~i tM "MORTGAGEE." ~ WHEREAS tM MORTGAGOR ii jvi~ly ind~b~ed ro the MORTGAGEE i~ the sum of : 44,700~OQ , g~ ~~,Nful money oi the Un~tsd Srat~s adranced by the MORTGAGEE unto the MORiGAGOR, as evidcnced by a cer~ain promiuo?y not~ of evrn date herewith, of wh~ch ths falowinp i~ words •nd fiyures is a trve copy, to-wit: s4d ~700~00 _ 1300016?. Fort . Pierc~. Fbrida, ~ ~~r? _419_.~._ Fd v~lus received, 1, we w either of us, promise to pay, without defalcatian, to the wder of FIRST FEDERAL SAVINGS AND LOAN ASSCKIATION OF FORi PIERCE at Fwt Pierce. Ftorida, Ihe sum of =44•7~'~ _ wnh ir+terest from date at the rsle o: 8~7~o pe~ a~num, in monthty inttal4 ~e~ra as fotlows: i368~~ - on the ~tb day of Jaausry ~9_76 a~d • like sum on the care~pond~np day of sxh month tMrr aiter until the whole be fully paid. ~ Each insqllment fint shall be appl~ed in paymenl of the inte?est ~nd then on the unpaid b~l~r.ce of the principal wm. If defauh is made In tIN payment of a~y in:tailment when due, and such default continues 30 days, then at the opNon of the holder, and Without any other notice, al~ 1F?s ramainieg ~nstallments thall be due and payab:e at ontr Privilcge is given to prepay this note in wholt or in part ~f sny Yuns without pen~lty. Neithar (w~btaranc~. nor scceparxe by the holder thereof after any defau~~ in any paymenla hereon, shall b~ deemed extension. A late payment chirpe of i 18' sMll b~ add~d to each installment remaining unpa~d 7 days af1c~ ib dw date, and a like :um s~ll be added to each such installmenf ~emaining unpaid 7 d~y~ ~fter each sueceeding payment date. Each make~, wroty and endorser hereof, ja~tly and severelly, waives demand, prosentment protest snd notice of protest fw ranpayment, ard further agrees to any exte~s~on of t~me of payment, either befors or aftx maturiy; without not~ce to any of ~s; end to pay all costs of collMion, includ;rq a reasonabk atraney i fea ~n the evenr of any detault hereunder, and hereby aeverally waives all benefit of homestead and exemptio~ under t1+e constitution and laws o4 each State of the Un+ted States, as against this obligation ot a~y extsnsion a renewa! hereof.' . Witness ~he h~nd and ual of each party. . _ S,/ Mazlia Roger Cook - ~ (s~?U S/ Geneva Cook ~ 67.05 ~ 1 srate R~venue ~(9~an~pt~csAtefllttarerigwu~ ~s) MOW, THEREfORE, the MORTGAGOR for the purpose of securing paymcnt of said sum of s and tM perforrrNnce of th~ ~ <ovensnts snd agreements hereinaftet ea{xessed, and for divers good a~+J v~lwble cons~dsratioe~s, by thtse presents, does yrant, bar~ain, sell, remise, ~ release, conmy and confirm untu the JVIORTGAGEE, its tucceuors and aui9ns, all that ccrtai~ Iet, piece or pucel of land, situat~, lying, snd bei~g in fh~ County of 1-ueie ar~d State of Fiorida, described ~s follows: ; ~ Lot 11, 2WBLVB OAKS BSTA26S, a subdivision accordinq to tbe plat thereot on file in Plat Book 16, Page 26, public zecords of St. Lucie Connty, Rlorida By agree~eat of Mortgayor and Mortqagee on lile with Mortyagee~ the within aort- gaqe s~eenrea n~t only an existinq indebtedaess, bnt alao ADVANCBS to be HERB- AF'TER aaide by Mort9agee to Mort9agor, the aggreyate of whicb will equal the principal saount specified in t6e pzoaissozy note secared hereby. ,~~,~En • ~~os-8o~- ~~03-ooo/a - usE ox~r • ~ s~ STATE oF FLOR!pA ! ~ oz- OOCUMENTARY S7A M P TA t ~ ' ~pr p~~ ~ T { i-' ~EPT. ~F itEYENUE • a':. ~ ON q/~,~ ~C' INTAN61 AXfS i iT = Ee~ uCT -.I'7S s.~~ 6 7. O 5 1 ~"rswnr To cw~wr~ n-,~,~ 19~ry' ; o ~~~~oi~ ~ ~osa~ Potrw~ ~ a.ewc ciROUR oou~rr, sr, wc~E oo, . . ~ ~ ~ . ~ ~ ~ogether with all and singutar the fenements, herediraments and sppurtances thereunro be{ongirg w in ~nywue appertaininp the~sto, u+d all r~nts, iawi, e.«eeds snd profits acuuirg snd to accrue f~om said premises, alI of which ue inckided i~ the sbove s~d fwepoinp deuription and h~bendum. ~ TO HAVE AND TQ~e l0=tha sbove dewibed ar+d granted prern'aes uMO the said MORTGAGEE, ib waeitws u~d auipns forev~r. Md the s+id tilORTGAC•OR fw Z i heirs, executors, adminisuatws and assi~ns, hereby toven+nts with the said MORTGAGEE, iri s~ctessort and ~ssipeu, ~ rt,at they are _ i,,,,,fuliy seized of the said prem]ses in fee simple: that the same are fne, clear ud dischar~ed fran all liens a~d ~ncue? ~ brances in I~w w in equity. ~nd thst they will and ~e1r hein shall wa~rant ud defeed th~ titlt to tM sarn~ b the ~Id ~ ".~ORTGAGEE, its sucussws and suigns, fwever against the Iawful claims and dema~ds of sll perspq; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shall psy uMO the MORTGAGEE the promiuwy not~ hertinbe/w~ dewibed and sh~ll truly, promply r~~d fullr perfum, d~uAarge, e:ecute, complete, comply with snd abide by each and every the stip~rlatioro, apreemenri, condit'wro and covenanb of said ~ o.om~uory nob and of thia htortgage, then this Mortgs~e aod the Estste hereby veated ahsl! uss~ ~d b~ null snd void. IT IS UNDERSTOOD th~t the wwd "Mortgsgor" whether in the singular w p(ural ~nywhert in thia AAaf9ape, shsl) be sinpular if on~ only and ~ ~han be plw~t joimty s~d severally if mwe than one, and that the wwd "~heir" as used ~nywMre in tha Nlon~ap~ shsll b~ taken to mean "hb;••7Mn,° ~o ~ or "its,•• whe?wer the contcx~ w implies o~ admits. Alw, th~t wherever there is s refaence in 1he covenanf~ ~nd aQr~emenri he?ein ooMSL+ed to arqr of p rhe parties hereto, the s+me shalt be consnued to mean ~s well as tf~e heirs, ky~l represent~tiva, successon and assipns (eitiaf vol~ntary by act of Ihe ~~v parties or involuntary by operation of ~he law) of the same and that the covenants herein cont~ined shall bind and the ben~fits and ~dvu?tapq irwr~ ~ ~ ro tFx rapMive Ixin. Ipal rep~esentatives, a~ccessors and asf°gro of tFw psrti~s hereta ~ Md said N~ortgayws, fa themselva and their hein. IeQal representatives, s~cceswn w+d ~ssipro, hertby jointly u~d s~verdly cov~na~t u+d aprN ~ ~ ~o and with ih~ aid MORTGAGEE, its wttessors and aui9ro: 1. To psy all and sirg~lar the principal ~nd imerest ~nd the va~~ars snd su~dry wmt of money paYabls by virtw of ssid promisso?y noM, u~d thh ~ mongaye, each +nd ewry, promptly on the dsys respectively the same swerally becan~ due. ~ 2. To pay sll u~d singvlar tF~s bxes, asses~+rknb. Iwies. liabili?ies, oblig~tans and e~cvrnb~~nas of every Mhir~ and tck~d now on ~aid dnnib~d }J property, a that hereaher may M imposed, wffe~ed. P~aad, levied, w ~uessad thereon, a fh~~ Mr~after may b~ levid oi ass~ss~d upon thb Morq- ~ & age, a ~M indebtedrwss wcured hcr~by. ~ad~ and every, wfien dw ~nd p~yable, aaordinQ to law, b~fore they becamt delinquent, ~nd befw~ nryr intaeq ~ ~ at~achss o~ any per?~Ny is inturred; AND INSOfAR AS ANY 7HEREOF IS Of RKORD THE SAME SHAII dE PROMPTIY SATISFIED AND DISCHARGEp OF ~ ECORD AND THE ORIGIP1Al OFfK1Al DOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIVi OR THE SATISFACTION PMER OFFICIAIIY ENDORSEO ~ pR CERTIFIED) SHALI SE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN Dt'/S NEXT AFTER PAYINENT; and in tM evtnt that aoy thared is eo1 ~ Pa~d, satsfied and dischuged sa:d MORTGAGEE may at any time pay ti,e'same a s~y pah tt~ereof without waivinp a affectiny ~rryr option, lien, puity p ~ ~+qht under M by vir~ue of this mortvage and the 1u11 amo~nt of c~ch and ~veryr such payment ahall be immediately d~?e ~nd p~yable and shall bear iMN~st ~.cm rhe date fhereof un+~l pa;d ar rate of n~ne pe~ centum pe~ annum and toqetAer w~~h such ir~taat ihall be secv~ed by the lien of th'• morgraye. _ _ :r.i^_'+-~,''= -4 .d_~" _ '-.Y y ~ y. , _~d~°:~'rl.~.:i3_ ur. . . ~ . . ,-s! ;...t"_~'s. _ .