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HomeMy WebLinkAbout0055 ~~3'~~~ i ~ TNIS INDE~JTURE. tiie.+e it:e 7i _ day of - ~~fr 1 1 , A.~. 19~_ 7_? b~t~:e~n ~ • .----__--------_!-_ch~-?rli.e.~l~ttn~~v~; ~;ncl_rth~i__~}atthcc,<;+--hiz_~+'~..1_C.~-~_--_ of __~'L , 1-UC 1(' Caunry Florida, hereinafiet d2SiJn~tCd as ~?~o ~~r~soRrGACOa, • and fIRST FEDERAI SAVINGS AND IOAN ASS4UATION Of fORT PIERCE, e cdrporation organized and ex~sting u~dr~ Ih~ la~<~ o( Iha Unitrd S~atQt of Amerita and having ib princip~~ plete o( bu~i~eu in tha t~~y oE Fori Pie~cG, St. lvcia Couniy, Floride, hereinriter designated ss Iha '?~1URfGAGEE." V1rNEREAS :he /.lORTGAGOR is jus~ly indeLteu to Ihe ~l~~~TGAGEE in Ihe sum of 5_ 1_3 L~n«~ 1?_~_., c~onJ end ~~kful m.or,e~ o( the Un~trd S~oles a~l.•a:ued t~y ~h: lAOR(GAGEE vnto ~he MORfGAGOR, as ar.d~nced bi a ceria~n promiaeory n~~e of even Jat~ hrrrwilh, of v,F~:ch tF~c iollow~ng in wcrdi a~id f{gures is a t~uc copy, to-,tiit: s_ J.3_,_,vUU. v0 _ , . ' ~o L00?.12U7 Forl P~eice. Florida, _ ^~?rli 'Za.i 14_ 75 , for v;!ve re<eived, I, ~ve or either oi vs. ~~rom~se to pay, without defalwtion. il:e ord~r of FIRSf FEPERAI SAVI!'~G$ AND IOAN ASSGCIAiION nF iORT PIERCE at fort Pic~c~. Florida, 1hc s~m of $__1-3t~)UV_~a~)----._ ~v~th inte:~st (ru:n da;a a' tha r.~te oi ___~~__`:u pai ani:v~E, ir. .nonth!y instalf- mc~~ts as fOI~Ov~3: S~=3l , U~~- on tha 2~'~th day of -`~UnC ~97_S and a likv sum vn the corresponding day of cach monl~ thvre- ~ dffer unhl thc who!c ba (ully paid. Each installment lirst shall t,e applicd in paymar,t e' the i~t~res; and then on the un~a~d ba~ar.cc• cf _the princip~t sum. (f de.(ault is made in th? ' pay:nent of any instal!ment when due, and s~ch defa~lt continves 30 p~ys, then at th, option o( the itioldar, and ~vithoul any othzr notice, ail the remainir,9 instaU~~ents shail he due and pjyab:e at cnca. P~ivitege is c~ive,i to pre~ay this noto in who!e or in part ai any time ~vithout pen~lty. Neither fore6earanta, nor atceptance by tha holder iha~~f aiter any default in any paymznts hereon, shnli be deemed extenaion. A la!e paymcnt tharga of S-6 •~0 shall be added t~ eer's~ ins~al~mcnt remair,_i~g ~npa;d 7 days after its due c,eie, and a lii.e wm shall ba added to c3ch u~th instal~ment remain~~~ unpald 7 days after . each succced~ng _~.ayrt~ent date. ~ Ea~h maw.er, surety ar.d sndorsc~ hereof, joint?y a~~~ !everally, waivcs dem3~d, presantment piatcst and notice of protesf fot nonpayment, and f~rther a3rr:s to am~ ex~ons~on of tim~ of p~ymrnt, cithrr befora cr aftet matvrity, ~vithout not;ce to any of ~s; and to pay a!I cost, of co(le.tien, includi~q a ~ re~sonahle a!rorney's fec in ihe e~•_nt of any de(avit hercur.der, and hertLy sr~eral;y waivea all benefit o~ homestead and exemption vnder the canstitytiun ' jnd fa.vs of each Srate of !he United 5:ates, as ._•~nst this ob:~gation or any exte~s~on or rerw~val hereof. , ~v~iness the hand and scal of ea~h prrty. _ _ • ~ ~1~:• - . S/ Ch~irlie ;•1~itlh~wS ^_(SEAI) ` _ (SEAL) _ . . S/ I:thC'1 ~1i~t.~.hc?«S (SEAL) ` 1~ . SQ (SEAIj ) State Revenue - ~ . ~ ~QltKa~K2C~{dC~C~67?:~dArg~k,`d~s~6Kf: ' - - . ; _ NO`dJ, TNEFEfOR.E, the h'4RTGAGCR for thz purpose of securin~ payment of sa~d sum oi S- -1'; ~~~U ~~d the ptrfosmance of the t covenants and agreements hereina(rer expressed, ar.d for divers good and valuabk~ censideretio~s, by !hesa prESeros, doea ~raM, bargai~, sell, ram~se, releaat, convey an~ confirm unte" the A10RTGAGEE, i!s wrcessors ar~ assigns, afi th~• ctrtain iot, piett o~ parczl of land, siluate, lying, and being in 1Fe touny of Si . LuC 1 e _ and Sta~e of Florida, desu~bed as followr. ~ . _ az. ~~9 - ~o ~ - ~o.~. c1~l- o~v/~ . Lot 2, Block ~~Lr~~tAP+Dl1 VISTA, accordiny to the plat thereof recoYded in ~ Ylat E~o~k 5, paye 49, ~ublic records of St. i.uci~ County, Fiorida - J!_!. ~ : _ ~ -------_F~L;F=~;;Jt-'. ~ _ _ ~ ~~~~~T-~ Jr= - _ s~;=.;,1 p t . . ~~.~.~3 . . . ~ ~ ~ _ ~ - ii~:J' ~.~~~~C~v . _ ~~r ~t:. _ !:t ~ < ~ 4~,..~ : ~ ~ ~ ~ ! ! G ~ y~'a" e<<911• << _ ~ ~ _ n , • ~ Q ~ i1E l - . `g_ ~ ~ ~ ~ r'~-_ - ~ ~ _ b~~~ p'~'~5 - s^ c~ _ - _ n ~y' ~;.lr~~ .~~.1'~_~e~ F1~' - - ~ ~ . ~~~Vi»~ `''~'~~a L ~~f. ~ ~p\~''_l~'~E - ~ u+~ ~p C~ gZ, Ov- ~tJ~i~ ~dJV~? _ I - ~~~p• ~ _ . _ - C,~" G~~ _ - ' - . . - - - - ; - - { - ta~ether with ail and sin~utar the tenements, hered~tamen!s a.-.d app~rtances thereunto betonging or in anywise appe+tainir.g lhereto, and a!I rentt, isfuet, ~ proceEds and profits accru:ng and to accrue from said pre~rises, a~l of which are induded in the above and foregoinQ dascrptior. a~d habendum. - TO HAVf AND TO HOID the above described and g:anted premises unto the said MORTGAGEE, ifs successors and assigns forever. And ihe said : the ir ' _ MORTGAGOR for heirs, executors, a~n:inistrators and as~~gns, hereby covenants with ihe ~eid 1L50RTGAGfE, its ~vccessar• and aisign~, ~ that - t hey a re !aw4ul:y se7zed of the said premEses in fee s~mpte; that tFe sane are free, clear end dischargQd"from all lier.s and encum- _ i brances ~n Iavv or in equ~ty, and that th~~-_ w~ll and their heirs :hall warrant a~d d:fenc! the title ta the same to the said ~ AF.ORTGACEE, its"suaes3ors and ass~gns, forever against the lawiul daims and demands of ail pFrsons; - ~ _ ~ PROVIDFD, ALYJAYS that if the MOkTGAGGR sFall pay vnto the fhORTGAGEE ihe promissary ncte hereinbefore described ard shall truly, prcmptly and fu:ly p~:form, d~scharge. ex~t~te, tomplete, comply v.ith and abide hy each and eve~~r the stipulations, agreements, conditions ar.d m•renanfs of s~ics $ promissory note ar.d of this Mortgage, shen this hlcrtgage and the Estale hereby_ :reated shatl ceese and F.~ nuli and voEd. ~C ~ IT IS UNDERSTOCD that the ward "Mortgayoc" whel4er in the singvlar ar p:v!a) ~nywhere in th+s 1V~c+rigage, thall be singular if one only an~ ~ shall be ?Iurat jCintly and severally ii more than one, and tha? the ~vord "the~r" as used anywherr in ihi~ Mortgac~e :hall be faken to mean "his;' ^hets;' ~ ~ or "its," wherever the contezt so imp~~as or admits. 41so, that wherever there is a referente in the co~enant; and ngreements haein tontained te aay of_ ~ the parti~s hereto, the same shafi be construed to mean as wetl as the heirs, le~al representat~ves, sutce~sors anil assiar.s (either vo!untary by act ef the C~ { - part~es or invotuntar~ by operation of the law) of the same and thbt thc .ovenants herein coNained shall bind and the benefits and advanlages inure fo the ro.speciive heirs, lez~a) representatives, scccessors and ass'e~~ of the partie: hereto. . ~ ~ ~ And said :~lortgagars, !or themselve3 and shair he~rs, leg~l rapre:entative~, suaeisors and assi~n~, hereby joinlly rnd severally covenanl and agree ~ ~ t~ and with the iaid M~RTGAGEE, its successors and assigns: - _ ~ R - 1. To pay ali and~sirr~ular thE prirxipal and inierest and the various and svnd;y sums of moaey payabfe by virtue of said piamissory r,ote. a~sd thi• _ mortgage, eath and every, promptly on tht days respedively me same several(y bec~rre due. _ f 2. To pay al! and s~n9vlar the taxes, assessrnents, levies, liabilities, oWigations and encumbrancet of every nature ar.3 kin~ novv on said described ' Froperty, or that hereafter may be imgoied, suffered, placed, 7evied, or assessed Ihareon, or ihai he?eafter may be levied or essessed ~pon this Mortg- ~ age, or fne indebfedness secored hereby, each and every, when due and payable, atcording to law, 6efore they become deiinque~t, and before any inttrett ~ : attaches or any penalty is ircurred; AND R~SOFAR AS ANY THEREOF IS OF 2F.CORD THE SA11M1E SHAII 8E PRQMPTLY SATIS'IEO AND DISCHARGED O` : RECORD AND THE ORIGItwAI OFFIClAL DOCli,1AENT (SUCN A5, fGR INSTANCE, TFiE TAX RECEIPI 'JR.1HE SATISfACTION.PAPER OFFICIAIIY .ND04SE0 ~ OR CERTIfIEL~) SNAtI BE PLACEO IN THE-NANDS OF SA:O Mt~RTGAGEE WITHIN iEN DAYS t~EXT AFTER PP.Yh1ENT; and in the event that any thereof is nos - i peid, satsfied and d~scharged sa`d IJtORTGAGEE may at any time pay ihe sa:ne or any part thereof without ivaiving or affecting any ~ptic~, lien, eqviiy or = .i ht un,'er or b~ v~rwe oi shis mart a e anc! the fut! amuvnt of each an1 ever such a ment shall be immediatel dua and a ab!e and shall bear iMeres? t 9 / 5 9 / P Y Y P Y { - <<om the date thereof uMil prid at rate of ~;ne per centum per annum ard :oae~her vr:th such in+erest shafi be aecured.by the lien of th:s morgtage. _ -