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HomeMy WebLinkAbout1716 ~ . ~ THIS INpENTURE, Made the~ 1`1 L t~ day of \~ay _ r A.D. 19-7 5 bQtween I: ~nun~~1 _ t2a k~ _ an.iLL~c,~~i, t~t . Radt~eT11 ~ s tY 1.f ~ ~ o{ _ St . LUCi~ CauMy Florida, hereinatier rd~lgnatcd as, the "A50RTGt~GOR," and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATIUN OF FORT PIERCE, a corporat~on organiud ard existing un~er !he Irws of t~ie United Slatos of America and having it• principal plate of business in the City of Forf Pierce, St. lucie Counly, Pioride, hercinafier designated as the "MORTGAGEE." . \YNEREAS ~ha h10RTGAGOR is j~stly indabted to the A10RTGAGEE in the w~i, of S. 16 ~~t~~~•~-~----: guod and lawful money of ihz Uo~ted Stafes advanced by Ihe h10RiGAGEE unto ?he MORTGAGOR, as ev~de~xrd by a crrta~n piomissory note af even date herewith, of vrhich tha tollowing in ~ ~n~ords and figures is a tru~ copy, to wil: S 16 ~~:t)U , UO N, 1U021.3~i 3 . Fort Pierce, Flo~ida, _ ,l~l' 1`~ ~ 19 7~ for value receiveJ, I, ~vz or cither of ve, promiie to pay, wi~hout Jefalcntion, to tha order of fIRST fEDFRAI SAWNGS ANU IOAN ASSOCIATION Of FnR~ PIERfE at Fort Pierce, Fto~ida, the ••m ot 5-=--- 1~ ~`tV0 • UO v;~th intcrest irom dat,: al the ~ate of 5~ per annum, in monthly instal!- ments as fo!tows: S_ 14S^OO _ on tha2~~t~ day of June ` ~y_ 75__ and a like sum on tha corresponding day of each month there- after unlil Ihe whote Le fully paid. Each installmeM first shall be applied in payment of the interest and then on the un, aid balance of ~he pr;ncipal aum Ii defaull is made in the paym:nt of any inst~~lment when dve, and such dF(auU coNinues 30 days, ~hen at tha option of the holder, and witho~t any other nolice, all the remaining installments shail ba d~e and payable at once. Pri~~lege is givrn to prepsy this note in whole ar in parl at any time ~viihout penalty. Neilhet torebearance, nor acceptance by the holder lhereof aftar any default in any paymeMS herao~, s4:all be deemed extension. A lete payment charge af S 7• 2`-~. shall be addc•d to each installment remaining unpa;d 7 days after its due date, and a fike surn ;fiail be sdded to each suth installment remaini~g unpaid 7 days after each succeeding ~aymert date. - ~ Each maker, surety rnd endorser hereof, joiN~y and severafly, ~vaives demand, p:er=ntmen? protest and natice of protest for nonpaynienf, and furlher agrees to any extension oF time of payment, eitfirr k,_lo~e or after maturity, withouf not+ce te any of vs; ar.d to pay aH costs of collection, includ:ng a. reasonabie attorney's fee in the event oF any defauit hereundar, and Fereby seve.alty ~vaives all beneiit of homestead and ex~mption under the constitution and la~vs of each Sta1e the United States, as aga~nst this abligaticn or any extznsien ur renev~al he:eof. Witness the hand a~~d sea! of each party: S/ Eidmund Radke (SEAL) _ + ~SEAL) _ . S/ nor i s tif . Radke tsEn~~ ( 2`3 • 60 } State Revenve ~ - (SEAI) ~t~+?fp~f~E~a9?615~~5~?6K?fo~+ _ - - ; NOW, THEREFORE, the ~dORTGAGOR for ~he purpose of securing payme~v of sa~d sum of S lb i'~n~~ , and the performnncc of the . ~ , covenaMS and a reements hereinatter ex ressed, and for di~ers ~ g p good and va~~able considerations, by these Fresents, dces granf, barg~in, se11, rero~se, ' refease, canvey and confirm ~nta the MGRTGAGEE, ifs successo:s and assigns, all that certain lot, piece or parcel of land, sitvate, lying, and being ir Ihe County of St . 1'uC le ' and Sta1e of F(orida, described e~ folloi,rs: Lot ~3, ,~icCRAY COURT SUfiDIVISIOV, as ~er p2at thereof on file in ~ Plat i~ook 6~ page 2~ of the public records uf St. Lucie County, ~ F lor ida o~ yDy -~o?d -DOQ~ ~O~/~ ~ ~ RECEIYED IN PAYMEHT OF TAXES WE OH CtJISS'C' IMTANGIBIE PERSONAL PROPER(Y~ _ PURSUAf~T TO CHIIPTER il•134, ACTS Of ~1911. C ~ ~ - - RUGER PORWI.S , _ _ CIERK CIRGUR OOi1R"f, ST. 4UCIf C0, FlA - _ . . . . ~ M - . . r... - , - ~ ~=~-aTE ~ _ _ ~ ~ ~'~~•~~~?~17~~ r ~^~--~~>~~,ca,-! ~ x,_ ~ ~Lr'T.GFrtvk~~J=-'" 'a~_STl1t~iP i~~~:.~ ~ _ rg -v~'~_75~'~~~~i : ~ - - _ o - t~ ;~r.•1, + ~ Q i - - ' - . - _ ~ ~ _ . - , ' 3 _ _ - • - ~ ;I. . ~ together x•~th a{I and sirtgu!ar the terements, heredita<<-Qr,ts and appurtance~ thpreunto belongirg or in anywise appertaining thereto, and all rents, isst;ti, ~ p:oceeds and prof~ts accruing and to acu~e from said p~emises, all of wh~ch are included in the above a~d foregoi~g desuiption and habendvm. ; ~ TO HAVE AND 10 HOLD the above described and granted premises umo tfie said l~ISORTGAGEE, its svttessors and assigns forevtr. And the said . ~ their MORTGAGOR for heirs, executors, administrators and assigns, hereby covenaMS with the said 1J~ORTGAGEE, its svcteuors snd suiQrt~, - ~ $ that --~~~4~- a~-~-- lawfully seized of the said premises in fee simple; that ihe same are free, clear and discharged from a11 liens ~nd ~ntvrtr brances in law or in equity, and tha~ thQy w;ll and th~lt heirs ~hall warrartt and defend thc tifle to the same to the saTd _ t10RTGAGEE, its svccessers and ass~gns, forever againsf the lawfu~ claims and uemands of all.perso~s; _ - PROVIDED, ALY~AYS that if the MORTGAGOR shall pay unto thc 1~lORTGAGFE the promissory note hereinbefore desuibed and shall truly, promptly and fulty perfoim, d~scharge, eaecufe, ca-np!ete, compty v~ith and abide by e3ch and every the stipulntions, agreements, conditions and covenanti of said . promissory nole and of this ldortgage, t5en this T.iortgage and the Estate hereby created shall cease and be n~ll and voEd. IT IS UtdDERSTOOD that fhe word "N'.artyagoi' whether in the singular w plural anywhere in this Mortgsge, fhall be ringular if one onty snd ~~y " shafl.be olura! jantly and severally i( mwe than cne, aid that tha wwd "their" as used anywhere in this ILto:tgnge shall be taken to mean "his;' "hen;' or "its," wherever the context so implies ar admits. Also, that v~herever there is a reference in the covenar.ts and agrtements herein contained to any of the parties hereto, the same shall be construed to mean es weli as the heirs, legal representatives, successort and assigns (either votuntary by •ct of the oarties or involur:tary by operation o( the law) of the same and that the covertants herein contsine.! shall bind and the benefits and advantages inurt to the res~ective heirs, legat representatives, successors and au~gns of the parties hcreto. . " And said Mortgagors, for themselves and their heirs,_ legal representatives, success.~rs end assigns, hereby jointly and severally covenant and sqree s~.., to and with the said MORTGAGE~, its wccessors and -essigns: - ~ l. To pay atl and sin~ular the prirxipa! and interest and the variovs and svna.ry sums of money payable by virtue of said promissory note, and thit ~ mort~age, each and every, promptly on the days respectively the same severally become dua _ 2. To pay all and •ingvlar the taxes, assessments, levies, liabilities, obligatia~s ancf encumbrarxes of .every nature and kind now on said ~itscribed property, or that hereafter rnay be imposed, sufiered, placed, levied, or suessed thereon, or that hereafter may be levied or assesxd upon fhis NVortg- ~ age, or the indebtedness secvred t~e~eby, each and every, when d~e and payable, according to law, before they become delinquent, snd beiore any interest attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SFSAII BE AROMPTIY SATISFIED AND DISCHARGED 6F ~ RECORD AN9 TFEE ORIGlhAI OFFICIAL DOCUMENT {SUGH A5, FOR INSTANCE, THE TAX RECEIPT OR TFlE SATfSFACTION PAPER OfFiC1ALtY Ei3DOR5fD OR CERTIFIED) SHAII BE PLACED ~N THE HANDS OF SAtp N.ORTGArEE WfTHIN TEN DAYS NEXt AFTER PAYMENT; and in the event thal any ihereof is not paid, sats~:ed and discharged sa:d 11tORT3AGfE may a! any f~me pay the same o+ any part ~hereof' without waiving or a(fectirr~ a~y option, (ien, eqoiry or ~ .iGht ur.der or by virtue of this mortgage and the futl a.rount of each and every svch payment shall be immediate(y d~e and payable and sfiall beer interest ~ Erom the date ~hercof untif paid at rat~ of n~ne per centvm per annum ar.d together w~th such inrerest shall be secured by the lien of th:s morgtsge. _ ;