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HomeMy WebLinkAbout0563 ~ ~`7: 5 TNIS INDENIURE, Meda ihe th day or ~ A~ril _ A.D. 11~-~? S between ,i t1,~s s:, !!artofelis ~nd^I'elen t?artofelisi his wife ^ ^ of _ St t L-ucie , County F~orida, hereinaiter design~~ed as tho "AlORTGAGOR," and FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF FORT ~IERCE, a corporatlon organized cn3 existing unde~ the laws ci tha United Statw of America end hev:~g ht principe! place of bwiness in Ihe City of For1 Pierce, S~. L~cie Counfy, florida, hereinafier desiflnated as rhe. "MORTGAGfE:' WHcREAS Ifte h!ORTGRGOR ii jvuly indahted to the A10RTGAGEE i~ th: sum of 'Z017O~ c~uod and lewful mo~ey of Ihe United ~ ~ ~tales adianced by Ihe 1~10RiCAGEE unto the MORTGAGOR, as ;3videnced by a crrta;n promissory note oi eve~ date herewith, ot whkh tne iollowing in F words and figoret is a trua copy, 1a.vit: =~o.?oo.oo . . ,~p 13ooooa8 - fort Pierce, Florid~. ~PXi~ ~9 19 ~S_ For vatue received, I, we or either of us, Fromise to pay, w~~heur defatcati~n, to the order af FIRSi FEDERAL SAVINGS AND LOAN ASSOCIATI~N Qf FORT PIERCE at fxt P~erce, Fbrida, thc swv of s_?OZ7O~'~~ .v;~h intcres~ from~date at the rata ef $'?~o {.er a~n~m, in moNhly insta!I- ments as fol!ows: 5--~'? 1'~~ _ on th~ 2Oth djy oF _ Junp ~g 7~ and a like sum on Ihe correspondlrua dey of ea:h mavh thete- afte~ ~ntil thc whofe be fuUy paid. - - _ ; Each insrallrr.ent f~rst shall 6e appliad in payme~l of the intrrest and shen en the unpaid balance of the prinr'pal sum. If defavlt is made in the p~ym~nt of any installment ~vl~en due, and such default contin~es 30 days, :hen at tha option of the ho!der, ar.d without any ofher notite, atl the remainin~ installments shall Gs Juc and payab'o at cncr. Privitege is gir~tn to p~cpay thi~ note in whole or in part at a~y lima witht,ut penalty. Neither torebearante, nor accrptante by ~ht holder thereo~ aftrr any 3e(au~f in any payrnents h_reon, shall be deemed extension. A late payment charge of ~~a~_, shal) be added to each installment remai~ing ~npaid 7 day: efter its d~e date, and a I~ke sun shalt be added to each such installmPnt remairting u~paid 7 daya a[ter each sutceeding pay+r.ent date. - . • Ea<h maker, surery and rndorsen c~re~f, jo?nt~~ and severatly, waives demand, presenfinent protest and noticr of protrst for nonpayment, and ivrther agrees to any extension of time of paymenf, either before or after ~naturity, vfithout notice ro any of us; and ta pay all costs o( colledion, intludi~g a reasonab!e attorney's fee in the event of any default herevnder, and hereby ~everally waives a!1 benefit of homestead a~~ axemptio~ under the constitution an~lasqs of each Srata of t Unite t~i s, as against lhis obligation or any extension or renewal hereof. : ~ Hi!ness 1 han n~• sCa Qf " ~th parly. - - , E ~ - ` ~ ~ i ` - ~ ~i ' ~ ~ , ~ ~ . . . , . . , s/ c:us X. Hartof 1 S (SEAL) - ~ ~ _ (SEAL) ,~~z ~c./ ~ ~ ~ f ,~---Li.._/ s ~telen f'a tOf@~l~a (SEAL) $31.05 ,~--~1 c~~~.,1; ~ ~ (S~l) ( 1 State Revenue • - . K~ -ew+~+lydronrortgfr.~1- tfi~te~, . . . _ NOW, THEREFORE, the MORTf3AGOR for the pur~se of securiny payment of said sum of S?~~ 7O0 and fhe performance of tFe covenan!s and agreements hereinafter axpressed, rnd for divera good and valuable considerations, by these presents, doos grant, bargairt, sell, rEmise, retease, toovey nnd conf:rm u~to the MORTGAGEE, its svccessors and assigns, all that crrtain (ot, piece cr parcet of land, situate, lying, and being in the ~ S Co~nry of ~..1•uC1P and State of Florida, de~cribed as toCows: i Lot 12~ Block 16 SOL3T?~ PORT ST. LUCZE~ Clni.t 3 as xecorded in ' Flat I?ook 12~ Page 4~ af the public recU•rcis of St. Luci~ i.ounty~ ~'lorida • ~ - ~~a~ :5+~.1 =D0 y9 -D 00~~ - , > ' . . • _l.~~~~' { J y~ ~ } ~ " - _ ~ ~ . • _ . _ - ~ ~ r~ 4'i " ~ , . - : - ~ _c p,-~~P~~ ~ ~ - ~ _ . _ - '~!.~~~~iiu`-: , 3 ~ - ~ IN PNYMf.NT Of TAXES - .~-._Y. LlF Y~ `j- C.. ^ . . RECEIYED `cc~ IBLE PERSONAL 4R(~PER1Yi . ~ - - . - .Li~~ - ~ ~ ~~rY_ i i'- s~--.~.f, ~~.1 ' ~ `(~fw~ ~ 1~. ~1S ~F ly~l. ~C C', f ~.c• ` ~1.;~ _ . Jr_ TO C~ER 11• . - . ' _~F~; P ~~y~ ya. PORRAS _~~i - c' Kf, ST. WCIE C0, FU. - - o - CI.ERK C1itCUR ~ _ _ ; _ . ~ _ , - - - - - - ~ . - . ~ ~ . 'i ` togethe~ with all and singular the tenements, hereditamenrs and appurtances thereunto belonging ar in anywise apperiaining ihrreto, and all rents, isaves, . pro;rrds arsd profits acuuing and to accrue from said premises, aIl of which are induded in the above and foregoing oesviption and habendum. - TO HAVE AND TO HOID the above described and gronted premises vnto the said MOkTGAGEE, its su:cessor~ and assigns forever. And tM ssid MORTGA fcr t-~~l I-__-___ heirs, executors, administra,ors and zssigns, hereby cevenanis with the said MORTGAGEE, ih s~~icessort and atiiyn~, ~f ~iey are ihat - - tawfuliy seized of the said premise: ir. fee simple; tha! the same ata free, dear and distharged from all fiens and sncvm- brances in law or in equity, and thal_~~ will and th@2'Y _ heirs shall warrant and defend the title to t!~e same to she ssld MORiGAGEE, its svccessors and assigns, fo:ever against the lawful claims ar.d demands of al) Fersoos; ' _ ` PROVIDEO, P.LWAYS that if the MQRFGAGl7R shall ~~y unto the M~RT~AGEE t~e promissory note hereinbefare deicribed an~ ahall tnily, promptly . _ ar.d foily persorm, discharge, exec~te, complete, cornply with arr! ab:de by each and every the ttipulatior.s, ayreemeNS, conditFons and covenants of said pc promi~sory note and of this Morlgage, t}:rn th~s Mortgage an~ the Estate h>reby ueaied sha!1 cease and be nuil a~d void. ~ IT IS UN4c'RSTOOD that the word "Mortgagor" whether in the singular or piural anywh~~e in this :Llortga~t, shali be singular if one only and ahatl be plural joir~Ny and se~erally if mure-thah one, and thal the vvord "the:r" as used a:~yw~F-.ere in this Mortgage shall be feken ro mean "hi.;' °Ixn," ~ dr "its;' wherever the context so implies ar admits. _ Rlso, that whereier there is a eef~rence in the covenants and agrremeMi_heroin cenfaitt~d to sny_of-~ the parties hereto, the same shall be ccr~strued to mea~ as weli as the hei?s, kgal representatives, svccessois and assigni (eitha voluntary by sct of ihe parties or involuntary by operat~on of tF.e law) of the same and that ~he covenants herei~i cuntained shall bind s:~d the bemfits +~nd advantsyes inurs ~ ro the respective hei~s, ltgal representalives, successors and ats'gns af the pa~iie. hereto. rt1 And said Morsgauors, for-themaelves and their neirs, legal ~epresentative:, successors and a:signs, hereby joinlly and severally covenqnt and syres _ to and wiSh the said MORTGACaEE, its svcceasors and assignr. 1. To pay ell and sir,gular the principal nnd i~tarost and the variavs and wndry svm: of money payable 6y virtue of said promiswry rtote, and thi~ morigage, each and every, promptly on fhe days respectively ihe s~me xverally become ove. ~ 2. To pay all and singular the taxes, assessrnents, lev7es, liab6lities, obt~gas:cns and encumbr~n:es of every nat~re and kbrtd new on said describeY! property, or that hereafter msy Ix impoied, s~~ffered, plated, tevied, ~ s«eased the:eon, ar that hereaflcr may be levied or aasesaed upon this ARufQ- . age, or the indebtedness secvrc-d hereby, esch and every, when due and payable: accordirig to !aw, before they become delinque~t, and befora any l~tsreit , anzches ot any penaity is incurred; AND INSOFAR AS ANY 1HEREOP IS OF RKl~~2D THE SAME -SHAtI 8E PROMPTIY SATiSF1ED AND DISCNARGED O~ RECORD AND TIiE ORIGIhi:,l OfFIC1Al DOCl~h.SENT (SUCH AS, FOR INS7ANCE, THE TAX RECEIPT OR THE SATISFAtT10N P/iPEk OFFICIALtY ENDORSED ~ OR CERTIFIED) SHAtI BE PLACED IN THE HANDS OF SAID 1410RTGAGEE ~'~ItTHIN 1EN DAYS NEXT AfTER PAYMENT; and in the eve~t that any thereof is not . ~ oaid, satisfied and discharged sa;d MORiGACaEE may at any tima pay the same or any part thertof without weiving or affecting any option, lixn, equify or .i~ht ~ndet or by vir?ue of this martgage and the fufl amovnt of each and every such paymtnt shall be immediately due ar~3 payable and shall bear interest f.om the date thereof until paid at rate of n~ne per tentum prr annum and to9-_ther with such interest ~hall be secured by the lien of th:s morgtsQe.