HomeMy WebLinkAbout1953 . , ~
~ 318~15 ~
1HIS INDENTURE. 11Md~ t~ y of - O~LO~6r A.D. 19
~S bNwKn
Marl~n t~o9er `~c an eva ,
of t• C! Covnty fiorid~, hereinaftN deiignsted ~s fhe "MORTGAGOR," snd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a cwpa~t~on ayanized and ~xiitinp w~d~~ lav~cs of tM Un~ted Sat~~ of M»riu and Mvinp ib principai pbc~ of
busir»u In tM City of Wrt PiNC~, 5~. luci~ Co~nty, FIorW~, iwroinaft~r d~signat~d ~s tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jwtly indebttd b tM MORTGAGEE in the ~um ot S_ 39 L9~'~ 9ood and lawful money ot ti» Un~ted
State~ advanced by tM MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promisswy noq of eve~ date herewith, of which 1M folbwinp. i~ !
wad~ ~nd fiyvrsi is • trw copY. lo-wit: ~ 19pOp163 ~
f
fwt Pierc~. Flwid+. OCtOb@! 'I ~y 75
fa value receivcd, 1, we w eithe~ of vs. Rrom~ %paY, w~itO t defalca~ion, to the o~der of FIRST FfOERAI ~V ANO LOAN ASSOCIATION OF
FORT PIERCE af Fort Pierce, Ftwida, tha ~um of : 2900~ w~~h imereat from date at the a:e of per snnum, in monthly instalH
rren~i as fotSowi: on tl+e ZOth ~y of `ja~sry 19 76 ~nd a like wm on the corre~pond~rg day of eaci~ mawh tMrr
afrer until the whole b~ fuity paid.
Each irotallmeN firat sMll bs applied in paymenr of the Interest and ~he~ on tha unpaid bata~t~ of the princip~l sum. If default is msd~ in tM
payment of ~ny insullment when due, and such defauft continues 30 days, theo at tix optio~ of the holder, aod without any other ratice, all the remainin~
~r~stallments shall be dus snd payable at once. Privitege is given to prepay this note i~ whole w in part at ~~y time withovt p~naHy. Neithet fwabeu~nce,
nw ~cceptance by fhe holder thereof aftcr sny defauh In a~y paymenls he~eon, sM~l be deemed extension. A late p+yment ch+~ of i 16~45 shall b~
added to each in~tatlrtKnt remainirg unpaid 7 days after its due date, and a like wm shall be added to each avch ins~allment ramaininy unpaid 7 days ~fie?
each succeeding payment date.
Each msker, surety a~d endaser hereof, jointly aod uverally, wsives demand, presentmeM protest and notice of protsst fw nonpayment, end funhet
agrees to any exten:ion of t~me of paymem, either befo~s o~ after matur7ty, without notice to any of us; and to pay all coats of collection, intludinq a
reasonabk attwney's fee in the eve~1 of any detaulf her~under, and hereby severolly waives all benefit of homestead and exemption ~nder the tonstitufion
and lawa of each State of the United States, aa agsinsf thh obligation a any extension o~ renewal hereof.
Witness the har?d and aeal of each parry.
. S/ Marlin lio9er Cook ~
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~ S/ Geneva Cook cs~?q
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( ~ • 85 ) State Revenu~ '
Qbt~iwp~ ts~eNwF~er+~ai~iweF wWe)
MOW, THEREiORE, the MORTGAGOR fu the purpose of securing p~yment of ssid sum of s~~9~~~ and the perform~nce of th~
covenanti ud ag~eeme~ts F+erelnafte+ exp?essed, and fa divers good and valusbk ca?s~deratiw~s, by thes~ prsssnri, do~s yr~nt, bar~ain, tell, ramiss,
retease, convey and confirm uoro the MORTGAGEE, its successon and auigns, atl thaf certai~ lot, piece o~ pucel of land, aituate, lyinp, and bsir?p in 1M
County of $t LnCie and State of Fforida, desvibed as fdlows:
Lot 17, 1WBLVE OAKS BSTATBS, s mbdivision acoozding to the plai thereof on file
in Plat Book 16, Paqe 2?~ public zecord~ o! St. Lncie Connty, Rlorida
By sgree~eat o! Mortgaqcr and Morty~?gee on file with ~ortgagee, the within aort-
gaqe secures not only an e~dstfng .indebtedaess, bnt aiso ADoVANCES to be I~RBARlBR
sade by Mortqa9ee to Mortqagor, tbe agqreqate ot which will eqasl the prit~cipsl
asonnt ecified in the pr~is~orq note secured h~rebq.
~`ILY, : ~ ~ 4 ~ ~~s- ~o 0003-o~/a
t
.
} N STATE ~F FL~RIDA ~
c- _ T
02 DO _UMENYARY,~-,~.;. STAMP A~ ~
= DEPT. OF P.EYENUE :
i~~.s.
~ ~ ~ .
~ ~r M = • ~ /J
~ Km et' _ P.e. '~t •r~ " 5 9. 8 5 i RECE~YED ` IN PAY~IAEHf Of TAXES
= ~ I~ b 2 ~ DifE ON 1
~ , o . ' GASS 'C NTAlIGI81.E PERSONAI PROPERiY~
PURSIIANT TO C1iAPTER 71-131. ACTS OF 1971~.~~
Ii06ER PORRAS
CtbtK CIRGlR OOURT, ST. CUCIE 00, FtA ~
together with all and singul+r the tenements, herediaments and appurt~nces therew~to bebnpinp w in ~nywise ~ppert~infnp lhereto, and ~II rents, itwe~,
proc~ads ~nd profiu acuuiny and to accrve from said prcmises, sll of which ue included in the abov~ and forpoirg davFption ~tid habendwn.
TO HAVE AND TO HOlO the above described +~d gronted premi~es unro tM said MORTGAGEE, Hs a+cces:ors ~nd auigro forewr. Md tM s~id
MORTGAGOR fw hehs, executors, administrata~ a~d •ugns, hereby covtn+nri with tM said MORTGAGEE, iri wa~sw?s and usip%
ehat tb~-~~g-- lewfully seizcd of tF+e said premisea in fee simplr, that the tsmt ~r~ free, ckar and~ disclury~d fran ~II liero and ~r
branus in law or in equity, snd tMt tbeq will and ~heir ~~n y~~~ w~~~M and defend ths titl~ 1o the sxne to tlw saW
MORTGAGEE, its successors ~nd assigns, fwever sgainst the lawfut d+ims and demands of all perwra;
PROVIDED, ALWAYS tMt if ths MORTCaAGOR shall pay unto the MORTGAGEE the promistay nots hat~inbsfa~ described and sh+ll trvly, promptiy
and fully pcrform, d~uhsrge, execWe, complete, comply with and ~bale by each and every the stipvlstions, +~reart~e~ri, conditions and tov~nb of said
promissory note and of this Mortgage, thee~ this Mortg+ge and the Estate l~ereby veated shall uase and be null and void.
IT IS UNDERSTOOD that the w«d "Mortg~or" whe~her in the s~ngular w plural anywhsr~ in this Mortqaye, shall be sinpvlar if one only and o~
•h~ll be p~ural jointly snd sevewlly if more than one, and that tM wad "Iheir' ~s used anywhere in ths Mwtp~pe ah~ll be fak~n fo mean "hb." "7rrs," yg~
or "iri;' wherever the context w implies or admits. Also, that wherever thcr~ is a referencs in tFw oown~nri and ~pr~ertienh hs?ein tontainad to aqr of
~he partia hereto, the same shall bs cautrued to mean ~s well as the hein, legal npresenqtiws, suaesson and assipra (~itlwr voluntu~r by ~ct o# tM
psrties a involumary by opera?ion of the law) of tFie ssme a~d that the covenants hersin co~tained sh~ll bi~d •nd th. b.n.fin and advntay.s inun ~
ro the respective heirs, le~at representatirq, svueasors and ass~yro of the parties hereto.
Md ~aid Mwtgayors, for them~elves ~nd their hein, le~al repnsenutives, svccesson and aupro, hereby jointly ~nd stvMally oovenaM W+d aQr~t ~
ro and with ths ssid MORTGAGEE, in successws and suipro: _ M
1. To pay all ~nd sing~lu tF?~ p~inapal and imaest ae+d the wrian and ~undry sums of moneY P+Y~ bY ~irfw oi s+id PromistorY nMt. +^d fhis ~i
moAyaye, e~ch and every, promPtly on tM days respectively th~ sart~e sev~rally becortw dut.
2. To p+y ~II and sirgular tM taxa, au~s~ments. I~vies, liabilities, o6lipatio~?s and ~na~mb~nca of ~very natur~ and kkd now on said dncrfb~d
propertY, or that here~ft~r may be impot~d, wffe.ed. Ptaced, kvied, or ass~ssed tFKrson, a tMt haeaftp may b~ kvied a~sws~d upon- thi~ A6orq~
age, w t!» Indebtedneu sscvred ha~by, e~ch and everyr, when dw and p~y~bb. ~aadinp w law, t»fort they becan~ ddinqve~t, and b~fut any iM~rss~
~ sttacFxs or ~rryr penalty is intwred; AND INSOfAR AS ANY TNEREOF IS OF RKORD THE SAME SHALL BE PROMPTIY SATISf1ED ANO DISCMARGEO OF
RECORD AND iME ORIGINAL OfFIC1Al DOCUMENT (SUCM AS, fOR INSIANCE, iHE TAX RECEIP? OR 7HE SATISfACT10N PAPER OFfIC1AltY ENDORSED
OR CERTIfIED) SHALL 8E PLACED IN THE HANDS Of SAID /NORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; ~nd in the eveM th~t ~nr fhaeof k nw
paid, sat'sfied and distherged sa:d MORTGAGEE m~y at any time psy the s~me a any p~n thereof witFaut waivinp or ~ffettinp a~y option, lien, equity or
•~qhe under a by virtve of this matyage and the full amount of e~ch and every ~uch pa~ment shall be irtvnediately dw snd p~yaWt and shall beu intN~st
~ iro~*. the date therecf ~m~l pa'd nt rste of nine per cenWm pet ~nnum and toyethtr with fuch inttresT shall b! setWed by fbe lien of th's morqtage.
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