HomeMy WebLinkAbout0865 s
~
Each instaliment (irst shall be :pplied in pay~nent of the interesr and then unpa;d balance of the pri sum. If default is ~ in fM
Haymenl of any inataltmen ~}~en due, such deFautt c ' ues 30 days, the Ihe option of the holder, a ~thout any other notice tFtie r~mairsirfy
~nstaUments shall be d and payable once. Privil yiven to prepay is note in whote w in part a y time without penaly. eitha fwebe~nte,
no? aueptance b holder ther aftcr any uh in a~y paym ateon, ihall be deemed e sion. A ~ate paymem g~ of ~hall b~
added to eac nstallment rema' np unp~id 7 ~ys after its due s, and a tike wm shall be ed to each such instali t remaininp u days aha~
each succ ing payment da .
/ A
ach maker, surety nd endor hereof, joint~y a severally, waives demand, esentment protest and no ' of p~otett fw yment, and fu
a~r s to any extensio f time of ayment, either be'. e o~ after matu~ity, without otice to any of us; ~nd o pay all costs o collectio~, incl ny a
. sonable attorney' ec in t event of any defa hereunder, and hereby se ally waives all bene4it of inestead and ex.: ion under the c tituYan
~~d laws o( each ate of t United States, as ainst ~his obligation w any tension w renewal he~eof
W;tnes ha and seal of each y. %
y
_ csE,,U ;
(SEAtJ
~ ,~.y ~A~~
$45 . 00 ' ts~?U
1 State Revenue
NO'~Al, TNEREFORE, the MORTGAGOR for the ur ~
p pou of securing payment of said sum of S and the perfwmanca of tM }
covenants and sgreement~ hereinafter eapressed, and fw dive?s good and valusb~e considerations, by these presents, does grant, bargain, ull, remiss, a~'~
release, convey and confirm unto Ihe MORTGAGEE, its iucceuors and assigns, ell that certsin bt, piece or pucel of land, iituate, lying, snd beiny in 1M ~
Lucie
County oi St ' snd State of Fbrida, described as followt: ,
,.,r~y. n,. , -
. 4 3~05_ ct~//_ DD4~- 4o~S `
~
Tbe South 2 of the South 328 feet~of the North 688 feet of the
Southeast ~ of the ~outheast ~ of Section S, To~mship 36 South,
Range 40 East, less the Sast 855 feet thereof, AND AL90, an easey
ment for ingress and egress over the South 30 feet of the South
2 of the South 328 feet of the North 688 feet of the Southeast 4 ~
of the Southeast ~ of Section S, Township 36 South, Range 40 East.
' By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
~
, within mortgage secures not only an existing indebtedness, but also ADVANCES
~ to be HERFAFTER made by Mortgagee to Mortgagor, the aggregate of which will
~ equal the principal amount specified in the promissory note secured hereby.
i
~
~
E
! CO _ _
; ~ ST~_TE ~L~N;~:~~; I , . _
_ ~ 7n~'UMENTAR:'--` ST~:~.~i~ r~; ~ , '
3 c ~ ~~r'f
,~c "r,EYEYUE _ +~fGtfYED 3-.-!~ i~ ?117VFAZ i!~.
3 ch _ - :.~'j ~ ~wt ON CIA.SS 'C' ~tii~Ui.ilbiE °E :SCrfi.il PkOPFk` ,
~ ~c: L,~ _ _,;:i12;'?E ~,'-=..5 5. O O YtlRSllitNT TU i:fi~P1FR li l i~. 1CTS UF i97? ?r
P 8. ` ~ ~ ~
~ o _ :!i:2 ' ~~~•;r _ , Rl?ri£A P~~TftAC ` l
~ . . . . °iikx ;;}1~CtJIT (~xM(f, Sf. ~il(:~f :X;_ - . _
~ '
e
~
~ togNher with all and singular the tenements, hereditaments and +ppurtances therevnto belonging or in anywi~e +ppertaining thereto, ~nd all renn, issues,
~ proceeds and profits.accruiny a~d to accrue from said premises, sll of wFi~ch are included in the ~bove end forepoing description ~nd habendum.
~ TO HAVE AND TO HOI~ the above described and granted prem~ses umo the taid MORTGAGEE, its successon and ~uiyns fwever. And th~ said
~ MORTGMaOe 1
S h_1_S - he'rs, executas; adminiitrators and assi9ns, hereby covenant~ with the said MORTGAGEE, iri successors snd ~uipro,
~ thar - r~ lawfuliy u~:ed of fhe said premises in fee simple; that the aame are free, clear and dischar~ed from ~II liem and ~
~ ,~,ra~ces in Iaw or in equity, and that he will and h1S heirs sh~lf warrant and defend the titls ro tM iame fo 1M wid
MORTGAGEE, 7ts successors and sssigna, forever again:t the lawful claims and demands of all persons;
PROYIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGA6EE the prort:issory note hereinbefwe dexribed u~d ahall truly, promptly
i ar.d fully pe~form, dixharge, exetute, complete, comply with and abide by each and every the stipulations, ayreements, conditions and covenants of said
- promisswy note and of this Mortgage, then this Mortgsge and the Eatate hereby neated ahalt te+se snd be null and void.
- IT IS UNDERS~OOD that the word "Mortgagor" whether in the singutar w plural anywhere in this Mortg~ge, shall be tingular if one only and
sh311 be plura! jo+ntly and sere+ally if more than or.e, and !hnt the wcrd "~heir" ss vud snf.vher~ in sAis N4crsssga ths!! ba tsken to rrsQan "his;' "hers;'
~ ~ y; cr °its," wherever the conteat so implies or admits. Also, that whereve~ there is a reference in the covenann and ~greements he~ein conUined to ~mr of
ti fhe parties hereto, the same shall be construed to mesn as well ~s the heirs, tegal representativet, svccessors and ~uigro (eitha votunt~ry by acf of tM
~ ~r~ Po f the respect ve nhein, legstPre~ xn atives suc
euors ar+d ess'gnsdof the tpanies hercto.~rein contained shal~ ind and the benefin and dvantap~s Invr~
And iaid MatgsQors, fa themselvas and their heirs, legal reprexnt~tives, succeuws ~nd ~uigns, hereby jointly snd severally toven~nt ~nd apr~e
~ +o and with the sa~d MORTGAGEE, its s~ccessai and ~ssigns: ' .
~ _
; 1. To pay sll and singulsr the principal and interest and the vsrious snd sundry iums of mor?ey payable by virtue of said promissory note, ~nd thi~
~ mortyaye, e~ch and every, promptly on the days re~pecrively the same severally become dve.
2. To pay •11 ~nd ~ingular tFx taxes, asseasments, levies, liabilities, obliyatiau snd e~cumbrances of svery nature ~nd kind now on said dewib~d
~ prop~rty, p tMt hereafter may be imposed: svffered, placed, levied, or auesud thereo~, a that fiereafter may be levied or ~sstased upon this Mwf¢
~ age, p tM irxlebtcdnes~ iecured hereby, e~ch and every, when due and payable, xcordinp ro law, befor~ tMy becomt delinquent, and befw~ any iM~r~st
~ artaches a any pe~alty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTtY SATISf1ED AN~ OISCHARGED Of
z RECORD ANp THE ORIGINAL OfFICIAI ~OCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OfFICIAIIY ENDORSED
~ OR CERTIFIED) SHAII BE PLACED IN iHE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXi AfTER PAYMENI; snd in the evcnt that any tMrwf ia not
~ pa~d, saCsfied and dischargcd sa d MORTGAGEE may at any timr pay the ssme or any part thereof without waiving or sffectiny any option, lien, equity w
' ~~qht under or by virtue of this mortgage and the full amount of each and every such oayment sh~ll be immediately due and payabk and sh~ll besr intertst
~.em the date thereof until pald at rate of nlne per centum per annvm end together wnh such interest shall be uc~red by the lien of th:s morytaye. ,
~ _
- - -~=;-a`~.
H
..l.i _~4 , .i . . . . _m. r',~Y't~"