HomeMy WebLinkAbout0606 33~~13
THIS INDENTURE. M.d. ~n~ 24th d+y of June A.D. 197~. between
_ t_asrens.~ Rov_aed Verna Roy,_...~~ wife
. uc e
o~ County Flwida, MrainaflK d~~ignated st the "MORTGAGOR," snd FIRST FEOERAL S,~V!NGS AND LOAN
ASSQCIATION OF FORT PIERCE, ~ torporNion pp~ni:ed and exis~inp unde~ the laws of tM U~itad Statet of Ame~ica and havinp it~ princip~t pl+c~ of
buun~sa in tM Ciy of Fpf Piert~, St. Luci~ County, flwid~, 1?e~einahs~ dsti9~a~~d as tl+~ "MORiGAGEE."
WHEREAS the MORiGAGOR is justly indebted to the MORTGAGEE in tfie sun. of = 25 ~~0• ~ good awd lawful monay oi the United
Siatet advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissay note of even date hera.~ith, of wh~~3: the followinp in
wwds ~nd figures i~ a trus copy, to-wit:
~ 25,000.00 11000436
Fort Pierc~, Florida, June 24 , 19 ~6
Fw value received, I, we w eithe~ of us, p?ornise to yy~without defatcat~on, to the o~der o( FIRST FEDERAL SAVINGr~S AND LOAN ASSOCIATION OF
FORT PIEQCE at Fort Pierce, Fbrida, the sum of S_ ZS ~~~v• w,~h interes~ irom date at the rate of 8'?~6 per annum, i~ monthly install-
ments as (oI!ows: S_ 206.~~ on the 20th day of Oetober , ~9_?6 snd a like sum on tM coirespond~ny day of each moroh therr
aftei until the whole be ful~y paid.
Each install~neni fir~t ahall be applied in payment of the interest and then o~ the unFaid balance of ~he pr~nc~pal sum. IF default i~ made ln the
~ayment of any in~tallment when due, and such defau~t continues ~b days, then ~t the op~io~ of the holder, and without any o~her notice, all the remai~inp
instaliments thall be due and payable at once. P~ivi:ege is given !o prepay this note in whole or in part ~t any time without penalty. he' f ~r~nce,
nor ~cceptance by the holder Ihereof afte? any default in any payme~ts lureon, shall be deemed extension. A late payme~t cha~ge of S~~~ sh~ll bs
added to rach ina~aliment remain~ng unpaid 7 days after its due date, and a like sum ahall tx added to each such installment ~emaining unpaid 7 d~ys aiter
each succeeding payment date.
Each make~, surety and endwscr he~eof, jointly and severally, w~ivrs demand, presenrment p?otest and notice of prote~t for nonpayr.~ent, snd furthtt
ag~ees to any extensan of time of payment, e~tner before or after maturity, without not~ce to any ot us; a~d to pay all costs of colltct~on, includ~np a
reasonable aitwney's fee in the event oF any defa~tt hereunder, and he~eby sevcrally waives all benefit of homestead and eaemption under the constitution
and laws of each State of the United States, as against this obligation or any extension o~ rencwal hereof.
W~tness the hend and ual of each party.
- . S/ Lawrence ~b
u?~ :Y:Y . "~''H ~A ~r. ~q , ts~w
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- 'erna~oy ~'u `
~-~`fl5 ~ ~C~ -CC.,~ 3 -C' c~c% `~"U :
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•~K~~ sts'~a~~el . C~E/?U ~
NOW, THEREfORE, the 1NORTGAGOR for the purpox of securing payment of ssid of s. 25 and the performance of tM `
covenants +nd agreem.ents her~inafter exp~esud, and fw divers 9ood and v~luable considerations, by lhese p?esenri, does grant, barg~in, tell, remise,
releau, convey and confirm unto the MORTGAGEE, its succeasws and suigns, all that certain lot, piece or parcel of land, situate, lying, ~nd beinp in fhs
County o~ $t . Lucie ~nd State of Fbrida, desuibed as folbws:
Lots 9 and 10, Block 4, and the West S feet of vacated alley ad3acent on Bast,
LINCOLN PARK #l, as per Plat Book 2, page public records of St. Lucie
County, Florida. '
By agreeaent of Mortgagor and Mortgagee on file with the Mortgagee, the
within ~ortgage secures not only an existing indebtedness, but also ADVANCES `
to be HEREAFTER made by Mortgagee to Mortgagor, the aggregate of which will
equal the principal asount specified in the promissory note secured hereby.
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" ~ S''ATE- FLORlr'f'- ~ ,
i ~z ~ DC?CUMENTARY.:-:.-.~~ 5'A M, P'~: ~ I RECEtVF(f ~ iti "rAYAStHT Gf 'A}.r-
i ~ ~ ~~FF' ~~F HfYEVUE ':'>~'~''':_:r.t
i c~, _ - DI1E ON CiASS'C' INTAN~IBIE PERS:3n~l FR'Gi'~F:Il,
~ ,j., _ oB =~~M3Q'iti'.~{{~~-~ ~ 3 7 5 0 ! PURSIIANi TO CHAPlFR 7l•134: r1CTS Of 1911. ~j `
~ o _ _ ~ ~;C? ' ~ ~ kOGfR POfT(a1S / i~
6 . C1ERN CIACUIT CtliXtf, Sf. till:fE f,f.'., Flr_
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~ !ogether w~th all and si~gular the tenements, hereditaments and appurtances the~eunto belonging a in ~nywise sppertaining thereto, ~nd all r~nt~, iuuea,
4 proceeds snd profits accruing and to xcrue from s~id premise~, all of whKh are includcd in the abov~ and fwegoing descriptan ~nd habendum.
9 .TO HAVE AND Tp HpID the sbove described and yrsnted ~emises unto the ssid MORTGAGEE, in succcssws and assigrn forever. And tht s~id
~ MORTGAGOR for -tllelr eaecutors, sdm:nistrators ~nd usi~ns, hereby covenants with the ssid MORiGAGEE, its succeuws and auipro,
4 the are
~ rhat -x----- lawfully xi:ed of the said prem~ses in fee,simple; th~t tF~e same are iree, cle~r ~nd discharged from all liees and entwrr
K brances in law w in equity, and that they W~~~ their ~~rs shall w~rrant •nd defend the tit{e fo the tart?e fo th~ saW
' MORTGAGEE, its successws and assg~s, torever ag~inst the law(ul claims and demands of all pe~sons;
; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate hereinbefors deuribed ~nd ahall tru{y, promptly
and fully perform, dixharge, execute, compkte, comply with and abide by exh and every the stipulations, agreements, conditans ~nd cov~nanb of said R+ ~
4 Aromisswy note and of this lNortgage, then this Mortgage snd the Estate hereby ueated shatl ceaee and be null and void.
w .c. •
F IT IS UNDERSTOOD that the word "Mongsgw" whether in the sing~lar w plural ~nywhere in this Mwtg~qe, ihall be sinyulsr if one only and '
y shall be plural jointly ~~d sevenlly if more tha~ one, snd that the wwd "their" ai used ~nywhere in this Mortgage shall be t~ken to me~n "ha;' "hen," ~~~y-
€ or "iri," wherever the context so imp~ies or admits. Also, thst wherever there it ~ referente in the covenants and sgrcemenls herein oontai~ed to any of V~
~ the p~rties herero, the same shall be construed to mean as well as the heiro, ley~) representative~, tixcesson and assigns (either volunury by act of th~
~ pa.ties or involuntary by operation of. the law) oi the s~me and that the covenants herein contained shall bind and the benefits snd adv~ntagp irwr~
fo the respective hein, legal representatives, succetsors and sss'gns of th~ panies hereto. y"°„
~ And taid Mwtgagors, fa themselres and their heirs, legal representatives, succeuas and assigns, hereby joimly and wva~lly covena~t arx! ~r~e M ~
F fo and wirh ~he ~sid MORTGAGEE, its successors aod assigns: -
? 1. To pey •II and singul+r the p~incipal ~nd imerest snd the various snd sundry iums of money payabk by virtue of said promissory note, and IiNS
~ mortgage, each and every, promptly on rhe days respectively the same severally becoms dve. z
y 2. To pay all and s~npular rhe uaet, sssessments, levies, liabilitiet, obligatiwn and encumbrances of every n~ture and kind now on said d~wib~d ;
~ proptrty, or tMt F~ereafter may be impwed, iuffered, placed, kvied, or ~ssessed thereon, or tMt here~ftn may be levied or atsessed upa~ this Mort¢ ;
ti age, a the indebtedneu secwed hersbY. esch and ereryr, when due ~nd payable, accordiny to law, befae they becom~ delinquent, ~nd befa~ ~ny intNat r
~ attaches a any penalty is i~currcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE OROAriPTLY SATISfIED AND DISCFIARGED OF ;
RECORD AND THE ORIGt?vAl OFfIC1Al DOCUMENT (SUCH AS, FOR INSTAN~E, TME TAX RECEIPT OR THE SATISfACT10N PAPER OFFfC1AtLY ENOORSEO
~ OR CERTIFIEO) SMAII B~ PLACED IN THE HANDS OF SAIO MORTG4GEE WITHIN TEN ~AYS NEXT AFT~t PAYMENT; a~d in tF~e ~vent that any fhertof a not
t caid, satsfied and dixha~ged sa:d M^4TGACEE may at any t~me pay the same o? any par?(~of lnithout waiviny or affecfing any option, lien, equity q
~ •~qht under w by virtue of this mortg~_~e and the full amount of e~ch and every fuch paymlM shall be immediately due and payibk and shall bear iM~resf ~
~ ~ro.n the date thereof untit paid st rate o4 n~ne per centum per annum and togHher w~th s~ch interest shall be secured by the lien of th's ma9byt.
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