HomeMy WebLinkAbout0155 . ~ ~z 3 6 ~ ~
~32,
3~9._, ,
THIS INOENTURE. Mad~ ~he - day of ~COmUE'2` _ AD. 19?r betwatn
_ I~EYr".'~"1A~IJ~~ ~O;:S~F.i~r,'"IC~~'~ T`:C.~ r. Flot-' ~ia cor~orat ; on _
of S! •"11C` e Counry Florida, hereinaftsr des~nared as the "MORTGAGOR," and fIRST FEDERAt SAYINGS AhD tOAN
ASSOCIATION OF FORT PIERCE, • corporation wg+ni:ed and exiiting u.r~.+m tha laws of ths Unired Sta~~s of Ameriu •nd havinp its P(i~1t7~I PIK~ of
businsss in tM Ciry of Fat Pi~rc~, St. lucis Counly, Florids, hereinafter desiyna~ed as the "MORTGAGEE:'
WHEREAS tM MORTGAGOR is ju~tly indebled 1o the MORTGAGEE in the sum of S_iC
8~! good and la~;rful money of the Unitcd
States ~dvanced by the MORTGAGEE uroo the M02iGAGOR, as ewdenced by a certain prom~ssory no~e of evc-n date herew~th, of wh~ch tia followiny i~
wwds and fiyurE~ is a trw copy, tywit:
_ ~(1~Q~,X1~,ll 13(}`.`02~7 _
Fwt Pierte. Flw~da, ~rP__~ PT` ~~1 19~
Fot vaive received, 1, we w either of us, p~om~se to pay, w~~hout defa!ceuon, to thr order oi F:RSi FEU~RAI SAVINGS AND IOAN ASSOClATION OF ;
„ ~r
FORT PIERCE al fort Pierce, Fbrida, the sum of j_ i"i1 '+v~th interes) (rom date at the rafe of _bo pe~ annum, in moNhly install- '
meros as folfows: S~ K~ - o~ the `~~f'}' day of ~~r~ i .!9_ and a like aum on the carrespond~ng day of each moroh there- ;
aite~ until the whole be fulty peid. ;
~
Eath installmnnt first shalt be app~~ad i~ payment of the interest and ~hen on ~he unpe~d ba~ancs of Ihe prindpal sum. If default is made ln 1he ~
yayment ol eny inataflmenl when due, and such defaull tontinues 30 days, then at the option of ~hr ho~der, and witF.out any other notice, all the remaining
~nstallments shall be d~e a~d payable at ance. Privilege is grven lo prepay this nole in who4a or in par~ at any t~me wi~hout penaHy. Neither iuebearance, ~
nor acceptsnce by the holder thereof after a~y defautt i~ a~y payments hereon, ihall 6e deemed exte~s~on. A late payment charge of s~ 2• shall be
added to each installment remaining unpaid 7 days alter its due dats, and a I~ke aum shal! k,e addrd to each svch installment remaining unpaid 7 days after
each succeed~ng paymenr date.
Eath make?, surety tnd endo~ser hereof, join?ly and severaity, waives demand, p~esentment protest and notice of protest fw nonpayment, end furlher :
egrees to any extensio~ of time of payment, either belore or after maturity, without notice to any of ui; and to pay all coata of collection, includirp • ~
reasonabie atto~ney s fee in the event oF any default hereunder, and hereby severelly waives all bene(it of homestead and exemption unde~ tha constitutan
a~d laws of eacfi State of the United States, as aga~nst this obliyation or any extens:on or renewal hereof.
Wifneu the hand and seat uf eacn party. ~~Tm~~E ~il~+~RTICTTC~~I ~~hC.
~t'~. ~i ~?bert A'. •.'~lli~.ns, Presiden~
cs~~u
cs~?u
? h.~,~ ~f tr ~ o~f!• ! ~ ~?u
? State Revenue
K..rwp.~-e.w~eNed-a,-c.qind-„eter . .
NOW, THEREFORE, the MORTGAGOR fw the purposs of seturi~g payment of said sum of S 3~+~'~d•'~' , and the perfotmsnte of tFN ~
covenants and sgreements hereinsfter e:presscd, end fa dirert 9ood and valuable cons~derations, by theu presents, doea grant, Mr9ain, ull, remise,
retease, convey and confirm u~to the MORTGAGEE, its .~~cceasort ~nd suigns, ;all that ccrtai~ bt, piece or parcel of land, sisvat~, lying, and beine in fhs
County of jt • T'`C' E' ~ and State of ftorids, described ~s follows:
'.,t 2n. '~ock K2^, POT?'T S~. L~tCI~:, SECTIQ`Z 1C, as per p?;.} jh~i•eof on f~le in }'la` Book -
, ~ ~ pa.~e. ~i = . U~1D~ 1 C recorc:s of L~:ci_e !~~,ir.t.~• ~ ~or:da.
3~reA~ent. ef '~ort~-a~-or 3n~i *'.~r~.:-a~ea ~n file •a;th !?or•~a~~e, the •.~iLhin mor~t;8F_P.
~ec~ir°s no`, onlti~ ~n e f: c'. in~ i r.deb',,e~r.ess ,`~u+ ~31so A~VA';'~~ be 'r~R~AF`~R ~:ade by
"~r~c3^ee ~.o '~`:~~r~.~:i:-or. t.he a~~re~•a±e of ~~hich ~,^11 ?qt.~l •'.he princiral amot:nt spec- 4
-
' f~ e~3 ir. ~he oron;_ssor~- no+e secured heren;r.
. i _ - - - ~F~v - - ~ ~~~o -5~s - ~o~~-0~~7
bsc _~i;..; •
~ t,qT E'' ~ L'..~ r-? 1 R-. ! .
~~-,:-:_,ME".?!,~'v~ • 5 ;;.,V!:~ I
~ . - - -
l' ' . Y._~C 1 1[ t~ ~
; ~ 4 6. 2 0
' f' - . .31. _ - f- ~ 12ECEIVELI IN ?AYMEIR OF TAXE~
~ ~ _ , . ~ • = ' ~ WE ON CLASS p; • ..,.ro~ c ; E ~ :~.'iV, PI~PE1~j~
' PURSIWIT TO C; ACTS OF 197L
~ . R(.i~e:: YOITFtI1S ~
~ CLFItl( CIRqJIT COUfA, tt. 11lCIF ~0, HA.
~
~
F
E
~
~
~
# ~
$ together with sll and singul~r the tenements, hrreditaments and appurt~nces thereunto belonging or in a~ywise sppeAaining therefo, and sll tents, tuws.
t proceed~ snd profits xvuing snd to accrue from said premius, all of which ~re included i~ the above and foregoiny dewiption and hab~ndum.
TO HAVE ANO TO FiOID the abore desuibed and granted premises unto tha said MORTGAGEE, in svtceswn +nd asiiyns foreva. And th~ said
~
~a
~ M.ORTGAGOR for --=-5 he~rs, exetutors, administrotors +nd assigns, hereby wvenants with fhe said MORTGAGEE, ib suttsssors u~d sssipM,
~ =a
~ that • S - lawfully uized of the asid premises in fee simple; that the same are free, ckar snd discharyed from sll lisro and ~ncum-
r}
€ brances in law a in cquity, and that • will and 'S heirs shsll warrant and defend the title to the sartw ro tM said
~ MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all periorw;
p PROVIDED, AlWAYS that if 1he MORTGAGOR shall psy unto the MORiGAGEE the promissory rate hereinbefore described and sh~U truly, prompTFy
; and fully perfwm, d~uherge, execure, compkte, comply wirh ~nd ab~de by exh and every the stipulat~ons, agreements, conditioro ~nd tovenant~ of said
promissory note and of this Mo?tgage, then this Mwtgage and the Estate hereby crested ~hall te~x ~nd be nufl. and void.
' IT IS UNOERSTOOD th~t 1he word "Mortgagor" whether in the singular w plwsl anywhere in this Mo?tg~ge, ~hal) be sirgular if one onfy ~nd
~ shill be plural jointly snd seve~ally if more than one, and that the wad "their" as used anywFxre in this Mortgage sF+dl be taken to mesn "his;• "hen•• ese.
~ or "its," wherever the context to implies a admits. Also, that whererer there is s~eference in the coverssnti and sgreemenri herein cont~ined to ~ny of
` the parties hereto, the same shatl be construed to mesn ss well as 1he he+rs, leysl repreunt~tives, successors and sssi~~s (eitMet voluntary by ad of fF» ~t
psrties or involumary by oper~~ion of the law) of the same snd thst the covenants herein contained shall bind •r,d ~ha benefin and sdvnrayes in~r~ ~
~ to the respectivt heili, kgal representatives, successors and sss~gns of the pa?ties hereto.
y
~ Md said Mwtgspors, for themselves ~~d their heirs, legal repreuntatives, succeisws +nd suigns, hereby jointly and severally cov~nant and a~rk ~
? to and with tfie ssid MORTGAGEE, its s~ccessors and ~uig~s:
~
1. To pay all and singulsr the principal and interest snd tfie variovs and iundry sums of money payable by virtve of said promissory oote, and fF~is
~ maty~ge, eacF~ and every, promptly on the deys respectively the same ~everally becane due. n
2. To pay all and singvlar the taxes, asseiunents, levies, lisbilitiet, obligatian a~d encvmbrancei of every nature and kind raw on said dtsu~sd
r~ properly, or that hereafter 1n~y be imposed, suffered, placed, levied, o~ ~ss~ssed thereon, a that hereafte? may be kvied a~ss~ued upon tFws Mortp- ~
~ age, a tF+~ indebredneu secured he~eby, exh and every, when due and payable, accordirg ro law, befwe they bec«ne dslinquent, ~nd btfot~ any Mter~st
~ attaches or sny penslry is i~turred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ 7HE SAME SHAII BE PROMPTIY SATISf1ED AND DlSCFINRGEO OF
~ RECORD AND THE ORIGINAI OFFICIAL OOCUMENT (SUCH AS, fOR INSTANCE, THf TAX RECEIPT OR THE SATISFACTfON PAPER OFFICIAILY ENDORSED
OR CERTIFIED) SHAII BE PLACED IN 1HE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENi; ar?d in the evenf thst ~ny th~rtof b not
~ paid, satsfied and discharged sa:d MORTGAGEE may at sny tirn~ psy the ssme o~ any psrt thercof witFwut waiving or affeG:.y any option, lien, equity p
; ~ipht unde~ or by virtue of this mo~tgage and the fuil amount of each and every such psymeM shall be immedialely due and payabk ~nd shall bea~ intereft
~ irom the dste thereof until psid at rate of n~ne per centum per annum •nd fogether w~th suc6 interest sMlt be secured by the lien of th:s morgtyt.
~
~ .
~ , -
~ ~ - ' ~ = ~
r~_~. _n_ _ ~ ~~r~.~~_ ~