HomeMy WebLinkAbout1481 . - `Y
. 3U~q43~ .
THIS INDENTURE, Made ihe? 5
t day of y , A.D. 19._?S hetween
F.
~sob~Sha~v, a sinc~le adult ~ ' ~ i
of St . u1C 2C County Florida, heroinatter deignated as the "MORTGAGOR," and iIRST fEPERAt SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a co~poration oryaRiied and existing u~der the laws of the United Statas of America and heving it~ principal pl:re of
business in the Ciry of For1 Pierce, St. lucie Co~nty, ilorida, hereina(ter designated as iha "MORTGAGEE:' . .
14HEREAS ihe h10RTGAGc~R is.justly tndabted to ihe MORTGAGEE in tha sum of S ~4 .000. 00 , yood and lawful money of the Unlied
States advancad by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certai~ proniiisory note of even date herewith, o( which tha followir.fl in
wo~ds and fi9ures Is a Irve copy, towiC .
s 54~000.00 May j' No 1C~Q2~9 17~
Forf Pierce, Florida,
For value received, I, we or either of us, p~omise to pay, without defalcatio~, to the orde~ of FIRST FEDERAL SAVIhlGS ANO IOAN ASSOCIATION OF
FORT PIERCE al Forl Pierce, Florida, the su~n of s 5~ . wilh interesl from date a! the rale ~f ~'/o per annum, in monlh(y install•
" ments as (ollows: S-.4.~~..-~~_ on tha ?~.~1 day of ~u1~'
~ 19-75. and a like sum on thQ corresponding day of eath moNh thert-
after ~ntil Ihe whola be fully paid. _ .
Each instal?ment first shall be applied in payment of tha intetest and Ihen on the unpaid balance of the prinu~al su:ro. If defavlt is made in the
payment of any inslallmsnt when due, and svch default continues 30 days, then at the option of the ho!der, and without any othe~ notite, all the remaining
installmerts shal! be due and payable af once. Priwlege is giver. to prepay this note in whole or in part at any tirc.e withovt penaSty. Neither forebea~ance,
nor accr~taoce by-the holder Ihereof after an~'defauft in any payments hereon, shall be deemed exlension. A(ate payment char9e of 3?~~,, shall be
- added to each installment remaining unFaid 7 days af.ter its due date, and a like sur sha!I be nddrd to eacfi such installment remaining unpaid 7 days aftet
, ~ each succeeding pt+yment date. :
Each maker, svrety and endorser hereof, jointly and severatty, waives demand, preseNme~t protest a~d notice of protest for nonpayment, and further "
agrees to any axtension of time of payment, either before or after maturily, without notice to any of us; and to pay all costs of collection, includ~ng a
reasonable attorney's fee in the evznt oF any defau~t hareunder, and hereby severnlly waives all benefil of homestead and exemption under 1F.e constitution
and laws of each Sta1e of the United Sta+es, as againsf this obligation or any extension or renewa) he:eof.
Witness the hand and seal of each party. - - -
. - _ . . . S/ - Sob F. Si;aw~' a sinale ~«Ai~
. - _ - - a~lu l t ISeA~) .
- . - : . ($EAL)
. (SEAL)
r ;~}}l _
QO
- ~ State Revenue
161~0[~!{?C~Q9G~11dC4lOC4C~'Q~C}i0(0~ ' . - .
NOW, THEREPORE, the MORTGAGOR tor the purpose of sec~ring payment of said sum ot a 54, 000. O~ , and the performance of the .
covenants- and agreements hereinafter expressed: and fo• d~vers good and valuable considerations, by these presents, dces grant, bargain, sell, remise,
, release, convey and conEirm unto the MORTGAGEE, iti_successors and assi3ns, atl that certain lot, piece-_or pnrcel of la~d, situate, lying, and beirtg in the
County of - SL . LuCle ' and Stata of Florida, desuibed es (ollows: ~ ~
_ ~ Lot 13, Slock 11, SURFSIDE S~IBDIVISIG'N UNIT TlaO, as per ~lat thereof on -
file in P;.:t Book 11, ~~age t3, of the . pub~ ic records of St, Lucie County, "
Florida . ~~/fa J4 3 -'d0/.3 -DOa~9 _
~ ~ _
~ _ , . , . . _ . . . . . . . . . ~ _ . . . _ _ . . - -y' ~ D~ _ P~~EttT aF
oF
.~1``UF~l~JA /C1 ~N
i z N.a T JQ~ ~ y-.;~ =a ~ I i~ t~(! t^- r~ ~ t- ~ECEIVE~ rER9DNA~• PROPf.~n~
. U G i. U TJ1 E N; A R_ W E ON CIAS~ ~ 141tAN6~B1~ k,,,~S OE -1971. ~1~
N nEnf_Uf kEYE!+ Ur ~~=~x 7 1- ~ 3~. .
- ~ - , . 1. ~ U I _ PURSlil1ll`[ j0 ~
~f fR POITW?S~IE F~
_ :,N.14'i~,• > ~R $ L _
- ~ ni rr, _ 8.~'" - ~ . ~ ~ ; . . CIERK CIRCU~T j'
• c~ - :
together with all and siagu!ar the tenements, hereditaments and appurlance3 therevnto belonging or in a~ywise appenair.ing thereto, and all rente, issues, -
praeeds and profits attruing and !o accrue from said premises, atl of which are included in the abovt end foregoing desuiption and habendum.
TO HAYE AND YO FWID the above desaibed a~d gronted premises vnto the 3aid MORTGAGEE, its successws snd assigns forever. And the said
MORTGAG4R for h 1 S heirs, executws, admini~trators and assigns, hereb/ covensntt with_ the seid MORTGAGiE, itt suctessort snd stsiFrq, ;
that h~ 1-=~ lavrfu]ly se~zed of fhe sa;~ premises in fee simple; th3t tlx same are frae, clear and discharged irom all liens and erlcum-
brances in law or in eq~ity, and that he W~n and h 1~ heirs shall wdrrant aniJ defend the title fo the same to the said
~ MORTGAGEE its svccessors and assigns, forever against :he lawful daims and demands of all persons; - :
~ - PROYIDED, AIWAY~ that if the MORTGAGG!R sfiall a unto the MORTGAGEE the romiu note hereinbefort deicribed and shall trol ~ _
~ P Y P ~Y Y. Promptly
and full, periorm, discharge, exetute, complete, comply w~th and abide 5y each and every the itipulations, agreements, conditiurti and covenants of iaid
promissory note and of this Mortgage, then this Nbngage and the EsPate heraby ueated shall cease and be null end void.
IT IS l1N~ER5TC~OD tha~ ihe word "Mortyagor" whether in the s~ngular or plural anywhere in thii Mortgage, shall be singular if one orsly a•.d
shall 6- plural pintty and uverally if more than one, and thai the wwd. "their" as used anywhert in_this Mortgsge shall be taken to me3n "hia;' "hen,°
or "its;' wherever the tontext so implies or admits. Also, that whtrever there is a reference in the coven+ots snd agreemenb herein tontained to any of
the parties hereto, the same shall be construed to mean as well as the heirs, legaf representatives, succesiws snd asiig~: (either vol~ntary by act of tlie o
parties or invotuntary by op~rat'an of the iaw) of the sarru and thal the covenanls hrrein contsined shall bind and the benefits ar!d advsntages inwe X~
to the respective hrivs, Iegal _ reprexnfativ~:, successors and ass~gns of the p arties heie!o. • "
And said Mortgagort, for themselves and iheir heirs, legal representatives, successws and auigns, hereby jointly and stverally covensni a~d sgree
to and wish the_said MOATGAGEE, its svcctssors and auigns: _ _
_ 1. To pay all and sit~gulsr t}x_prirxipal and interesl and the~vario~s 3nd svr~dry sums of maney payab~e by virt~e af said promissory note, snd this
mortgage, each an~ evary, promptly on the dayi respectivel~ f~e same severally becomt d~e. - - a
- _ = c~
- 2. To pay sll snd s~ngvlar the taxes, assessments, kvies, liabilitiss, obligations artd encumbrances of every natvre and kind now cn said described "
_ property, or that her~after may be imposed, suffered, placrd, levied, or assessed thereon, or tMt hereafter may be levied or asseued upon this Mortg-
~ age, or the indebtEdneu secvred hereby, each and every, whrn due and payable, according to law, beforo they betome delinqvtm, and before s~y. intcrest
attaches or any penalty-is ins~rred; P.ND iNSOFAR AS ANY TKEREOF IS OF RKORD THE 3AME SHAII BE PROMPTIY SAiISfIED AND DISCHARG:D OF
RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfIC1AllY ENDORSED r1w
OR CERTIFIED) SHAII BE PIACfD IN THE HANDS OF SAID MORTGAGEE WIiHIN tEN DAYS NEXT AfTER PAYMENT; and in the event ihat any thereof is not ~~i
_ paid, sat'sfied and discharqtd sa;d hAOkTGAGfE may at any t~me pay tfie sa.^~e w aiy part thereof without waiving or affecting any option, licn, equity or
~iQht under or by virtue of. this mortgage and the full smount of eath and every such payrtu~t shall be immediately ~ive and payable and shall be~r interest
Fron the date threof vntil paid ai rate of nine per centvm per annum and togeiher w~th such inrerest sfiall be secvred by fhe lien of th's riior9ta~e_
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