HomeMy WebLinkAbout1958 ` `~~f~:;r~c~ ~
THIS INDENTURE, hlac~e the 2n~~ ` day of _~r - r~a~~___ A.D. 19_-7
~Z, between
~T l~'illi~m R. Pxlmcr ~nd__Patricia R. Pa1mQr,~his_~•if.e
- - - - - , - .
_:.':.2------------_-
,of ~t~~~~S' County Flo~~da, here~~aher desi~n.it,d ns the "".10RTvAVOR," aud FIRST FE~ERAL SAVWGS AND IOAN
~ASS~CIATION OF FOR1 PIERCE, a corporat?on organ;zed and e~isring under Ihe laws oi Ihe Un~ted Srat~s o( America and havinfl iu principnl p!ace of
business in Ihe City of Fort Pierte, St._lucie CouNy, Norida, hereinafler deeignated as tha "h10R1GAGCE."
WHEREAS the AtORiGAGOR is juitly indetted to the I~10RiGAGEE in the sc~u uf 5-~~~ gved and la•r+ful money o! the Unltec! !
~ $tates advanted by ihe 1.!ORTGAGEE unto Ih_ AlOkTGAGOR, ns evidencrd 6y a r.et~;~r, pronu;sory not,~ of avon data herevrith, of vrhich the ioilowiny in i
words and figu~cs i~ a Irue copy, to-.vit: '
s 47 , 200.00 NolOO21320 i
. • Fort Pierce, Florida, r1Fa~1 2 1975 ?
For va!ue reteived, I, w~~ or either of us, prom;s~ Io pjy, ~tiiihouf defa!caiian, ~o tFe e~dcr of FIRSI FEUERA~ SAVINGS AND IOAN ASSOCIATION OF '
_ v:;!h inh:r<•s1 fro~n date at th~~ rate oi _H o er annuir, in monthl install-
' FQRT PIERCE at Fcrt Fie:te, Flc~ida, the svnt ~f 5. 47 s 20Q. 4Q_-_-- 7~' p y
ments as to~!ows: S~~ ~QQ_~__ cn tha__~~~f~_+f ef avl~~'__.._, !"v_?~_ and a tike sum on the corresponding day of each month there-
after until ine ~tihale L•e fully pa~d. i
- Eath installment first iha11 be app!ied in ~~ay~nent of th~ inter•~;t and ~Ltn cn the unpaid balance of the princ~pa) wm. If default is made in 1he ~
paynxnt uf any insta!hnent whan dua, -;ni such cirfsult conlinues 3t1 d~ys, Ihen at tf~a optF~n of the holder, and without any othzr ~~otice, all the remaining 4
iristallments shail br due and p3yab!e at ence. Frivilega is giv~n to prepsy this note in wl~o~e or in paH ot any time without penalfy. N~~ther foreNearance, ;
! 1 ~s~., shall be ~ i
nor acceptance 6y tha ho.der lhzrenf ail_r any defautt in eny uayments fierron, shal. be deerned exlens+on. A lare paymeni charg~ of S._~a
addc•d to each ins~al!m~nt remaining ~npj:d 7 da~s aiter i!s due da!e, anci a iike w~n siu!i FN ~dded to each su~h installment remaining unpaid 7 days after
each succeeding pa~ment d~!e. - _ •
Eath maker, svrety ant! endorser hereof, join~:y and sevrra~;y, wa~ves dema:id, Evesentment protest an3 r.otite of protcst for nonpayment, and {utther
agrees to any extens:on of tur.e of paymenl, e~ther baFore or aiter m~tur,ty, with:;~r r.otice tc any ot us; and to pay all costs of coll~ction, indud~ng a
rcasonaLle attorney's fe~ io the event cf any defau:t hereunde~, ar.d he~eby sevefally VYd1V2S ali benefit of ho~:estcad and exe~nption under the constitufion
and laws of each Statc of ~he Ur.i!~3 ~la~as, as og~~nst ti~is oLtigat;o~ or any ertens~on er ren~.vat hereoi.
~ ~Yitness tF.e hanJ and seal of each party. . -
_ _ - , . ; , , _ , , c/~~7illiam ~ . Palmer ~ lseAt~ .
(SEAI)
S~F~~tI1Cl~ R . F~almer ~SEA~~
~7O $O lSEAI)
- State Feven~e . _ - . - ' ~
(s~anrpr ranceneti -orr aTyn-a!-~ar) . - "
~ NO`.Y, THERFfpRE, Ihe NORTGAGOR for the purpose ef sac~ring paymer,t of saiJ s~m ef S 47 i?~~ , and the performnnce of the
covenaros and agree+nen:s herein,~tter expressed, and For d~vers yood aed valuab!e con~ie:rations, by Ihese presents, dces grant, bargain, sell, rem~se, ~
re:ease, cenvey ar,d confirm unto the tdO2TG:~GEf, its successors and asiigns, a;l that certain lor, piece or parcel of land, situate, Iying, and being in the t
;
Covnty af - St . 1-i1C143 and State of florida, described ae~follows: ~
_ _ - j
Lot 26, I~lock S, LAICEt~'C~D PA42K, iJ,'~IT 8-R, as per plat thereof on file in
Plat Fook 11, pa~e 48 of the pub~ic records oF St. Lucie County, Florida. ~
` ~ 30/ - ~/o ~ ao 9G -ooo~ 9 - ,
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~ ~ _ ,>2 z - RECEIYED /
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~ r DUE ON If! F;~;'s~'.Eiii 0.'- T:.~,?:
_ CLASS 'C' I~~T.4f{G18lE PE~~v ~1,~ Y.
- . PURSUANT Tl7 Ck;P~'. , , ?'JFEi ~c.>
~ 71-~. l1CTS GF 15i1. ~
- . ROGER POITFJIS _ ~
CLERF( CIRCUIT COURT, Sf, LtIGE C0, FU~
together w~th a'! a.^.d singu!ar t~.e tecerner,ts, Fered~taments and appurtarces thereurto beienging or in arywise appertaining thereTo, and all rents, issues,
pr«eeds an.~ profEts acc;uing and t~ accrue fr~ez sa~d pre::z~s~s, all of v:hech are induded in the ahove ar.d fo~egoing description and habendum. -
TO HAVE A~dD TO HOLV tke atove described and granted pre:a~ses vnto the said MORTGAGEE,-its suaeuors and assigns forever. And the taid
their
MORTGAGOR for - hzirs, erecutors, admin?strators and assigns, hereby covenants with tha said MORTGAGEE, its successors and auigns,
the are
that -Y------- lav~fulty se+zed of the s~id prem~ses in fe.z simple; that the same are free, clear and discharged from all liens and enc~m-
brances in law or in equity, and that_theY wili and their heirs shatl war~ant and defend the title'o the same to the said
MORTGAGEE, its s~ccessors and assigns, forever against the lawful daims ar,d deman~s of all persons; _
. PROYlDED, ALWAYS that if the MORTGAGOR shefl pay unto 1ha MORTGAGEE ihe promissory note hereinbefore describrd and shall truly, promptly
and (ully perfo:m, d~scharge, execute, compiete, comply ~4ith and ab~de by each a~d eyery the stipulations, agreements, tonditions a~d covenanis of said
prom]ssory r.ote and of this ASertgage, fher. this hlortgage and tiie Estate hereby creased ahall cease ard be null and void.
tT {5 UND62Si00a tha~ the v:crd "Mo:tgagor" v~he~nei in tF.- s~ngular or ptu:al anywhere in this Mortgage, shall be sing~lar if one only and
shrll be ptura! jointiy ar.d severaily if more than one, and that the word °the~r" as used anyv`here in this Mortgage shall be taken to mean "his;' "hen," pC
ar "ios;'_ vrherever fhe context so ~mp!~es or admita. Also, :hat wherever there is a reference in the covenants and agreements berein contained to any of 0~
the parties hereto, the same shal! be constroed to mean as well as the heirs, lega) ropresentatives, succesiors and assigns (ei~~e: voluntary by act of fhe at
parties ar in.o!untary by operation of Ihe !aw)-of_ the same and that the covenanls herein contained shali bind and the 6enefits and advanfages inure
to the resp~tive heirs, legal representatives, successors and ass~gns of the parties hereto. • L~
Ana said Mortgagers,- for themselves and their Feirs, legal representatives, successors and a~signs, hereby joinlly and severally covenant and agrte ~'1 ?
to and with fhe said htORTGRGEE, its wccessors and ~ssigns: _ _ ' -
_ l. To pay all and singv)ar Ihe prirxipal a d interest and the various ar.d sundry s~ms of money payable by virtue of said promissory note, and thFs
mortgage, each and every, promptly on _the days respectively the same severally become due. '
2. To pay afl and s:ngula~ the taxes, assessments, levies, liabilifies, obligations and encumbrances of every nature and kind now o:? said described ~ `
~ pro~+e~ry, or that hereaiter may be irrpcsed, suffered, placed, levied, or assessed tAereon, or that hereafter may be levied or assessed upon this Mortg- ~ ~
age, or the indebtedness secured hereby, each a~d every, when dua and payable, according to (aw, before they become deli~qoent, and before any interesl ;
attzches or any penalty is incvrred; AC1D INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHktL BE PRO~dPiLY SATISFIEO AND DISCHARGED OF '
RECORO AND THE ORIGlfvAl OffIC1Al DOCUTAENT (SUCH AS, FOR INSTAT3tE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED s
OR CERTIFIED) SHAII BE PIACED IN TNE HANDS Of SAID MORTGAGEE Y~lTHIN TEN DAYS NEXT AFiER PAYN,ENT; and in the event that any thereof is not ~
paid, sat~sdied and discharged sa:d 1.!ORTGAGEE may a! any t~me pay ihe same or any part thereof witnout waiving or affecting any option, lien, ~quity or }
~~qht under or by virtue of this morrgage and the ful~ amovnt ef each and every such payment shall be immediately d~~e and payable and shall bear interest
trom ~he date thereof until paid at rate of n~ne per cemum per annum and toge~her w~th such interest shall be secured by the lien of th's morgtaga ~
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