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HomeMy WebLinkAbout0553 j 3~ ~ ~ ~ 30t h h~il A.D. 197 5~ between ~ THIS INDENTURE, lAade the_ _ day of ~F . ~ ~ . : John ~~'alter Nebb.__Sr~atn~ Gene S~Ei~~~+_1~i4 wife _ ~ of ~.~~.~.~~t'~L_~. ~ , County Florida, hereinafter des~.~na~e:i as ~he "A10RTGAGOR,° a:~d FIRST FEOERAt SAVINGS AND IUAN i ASSOCIAT~ON Of FORT PIERCE, a corporoiion organi:ed and exis?ir•g under the la~.vs uf Ihe United Slatos of Areeri.a ar.d having its principal platc of businesf in the Ciry of Fort P~erce, Si. luua CouMy, Florlda, hereina(ter designated a~ iho °t.~ORTGAGEE:' WHEREAS ihe h10RTGAGOR is justiy indeb!ed to ~ha A10RTG~GEE in ~ha s~m of 37 s?~~ •~0 good and lawtul n~oney of the Un~ied ? Sia~es advan~ed Uy tha MURiGAGEE unto the MORfGAGOR, as evidenced by a certa~n promisiory neta of even date herewith, o( which tha tollowi~g in words and tigures is a tr~e copy, to wit: ~ 37 , SCO. 00 10~21376 Fort Pie~ce, Flo~ida, May 30~ 19 75 ~ For valua received. I, wa or eithe~ ot vs, F~rnmise to pay, ~vi~hout detaicaiio~i, to ~hr ordrr of FiRST FEOERAL SAVItJGS AND IOAN ASSOCIATION OF fORT PIERCE al iort Picrce, f:orida, Ihe s~m of 5--~~-s ~QQ-• v:itn :nterest frorrt date at the rote of _~_°o pe: ann~m, in mo~thly install- ments as fol!ows: S- 338 • O0 on tht?dth day of Ju~.-.~, 14_75 a~d a lika sum on tha torresponding dny of eath mo~th there- after until thc ~vho!a be fulty pa~d. , , Each ~nstallment first shall be applied :n peyment of 1ha interest and ~t:en o~i the unpaid balance of the prinupal sum. If default is made in the ' ~ payment of sny installmenl when due, and such d.fauii continues 30 days, then at the option ot tha ho[der, a~d w;~houl any alher nolice, all Ihe remaining insta:Irt:enls shall ba due and payab:o at once. Privileye is givan to prepay this note in who~e or in part al any t~me without pe~alty. Neither forebeatanco, ner atceplance 6y 1he ho~de~ thereof a!ter any def-3ult i~ any payments hereon, shali !:e deemed extension. A late paymenf tharge of s~i.~. shall be added to each instailmant renuin~ny v~pa;d i days afier its due date, and a lika wm ahall th; aJded to eath such installment remaini~~g unpaid 7 days z(trr each suueedir.g payment date. • - Each maker, suret~ and endurser h~reof, joinlly and se~erally, waives demanci, prese~ilment prote:t and notite of prolest for nonpa~ment, and futfher ~ agrees to any extension of tioie ot payment, eitt~~r betore o~ after matur~ty, witi:oul not~ce to any of us; and to pay al! tosls of tollection, including a . reasona6te altomey's fee in thc event of any defau(t hereunder, and hcreby se~~erally waives ali beneiit of homestead and exemption under the consfitution ~ and la•xs of each State of the United States, as against this o6l~gation or any extension or renewaE hereof. ~ Y~itness tha hand and seal of each party. - . °~n~~ 1 ~r. f John Walter Hebb, Sr. (SEAI) _ . ~ (sEAt) - - . ~ . S / Gene S . Hebb (SEA~ ) ~ $56.25 . " (s~~) ) State Revenue , . - ~ NO'JY, THEREFORE, the 1AORTGAGOR for the purpose of se:uring paymenf of s~~d sum•of S 37 iSOO. O0 and the performance of the covenants and agreements hcreinafter express~d, and for diver: good and vatuable considaratior.s, by these presents, dce~ grant, bargain, 3e11, remise, relea3e, comey a~o confirm uM~ Ihz t~10RTGAGEt, i~s svtcesson and assigns, atl that_certain lot, piece or partel of land, situate, lyirtg, and being in the ~ ~t . L.LI C 1 Q ~ County of and Stale of Florida, desuibed as #ollows: " ' - - - ~-~~t3- ~J~~- C%C~~- C~~~'> 5 _ ; The East of the ~outh of the NE4 of the- SE4 of Seetion 13, Township 35 _ - South, Range 39 E~st, LESS ttie West 3Q0 feet of the ~ South 320 feet and LESS _ - also the South 270 feet of the East 362.38 feet, - _ - . _ ~ . _ - - ~ ~ S-j-,~,1-"~ F.L(~___;.. - _ .a~ ~ ~ 4'z DO _`~1MEN?~iRY~= ~ LD A. ~ RECEIVED IN PA'f1rlElYi OF TAXES r~ ~~P : ti~~-~51A~+~P ztiX~ ~ ~ T. ~ Y.c~E~.Jc p(~ UN CIAaS C INTAMGISLf PERSUt1Al PROPERfY. . C c. ( `=F _ - ~ PURS~RNT TU CFIAPIER 71-134. ACTS OF 1911. ~ "r~-,'i c-~ a - - ~•75 q - s_ 5 6. • L~ ~ itOGER POITRI~S ~ - _ ~`":r'~ ~ - - - IE CO fIA _ _ f- CtERK CIRWIT CQURr, ST. LUC - ~ . - - - ~ - - ~ f . - 3 togetr~er w~th. al! and singular tfie tenements, hereditame~ts and appurtances thereunt~ betonhing or in anywise appertaining thereto, and all rents, is~Les, ~ proceeds and profits accru~ng and to aurue irom said pre~nises, all of wfiich are insluded in the above ar~d fotegoing dewiptia~ and habendum. ~i TO HAVE AND TO HOLJ the above •described and granted pr~mises ~nto the said MORTGAGEE, iti succesiars and assigns forever. And ihe taW - MORTGAGt7R for he i r heirs, ezecutr,rs, administrators and assigns, hereby covenanls with fhe said MORTGAGEE, its svccesiori and assiQm, that hg-y--~~--- lawtully seiz2d of the said premises in fee simple; that tnz same are frEe, clear and discharged from all (iens and ertt~m- brances in law vr in eqvity, and that_theY will and thell heirs shall warrani and defend the titte to the same to the said MORiGAGEE, in s:ruesscrs and assigns, for~ver againsl the lawful ciaims and demar.ds of all persons; . PROVIDE~, AIY~RYS that if the MORTGAGOR shalf pay ~nto the MORTGAGEE the promissory note hereinbefore desuibed ~nd shall truly, prompily ar.d (vlly perform, dlscharge, execut~, c.,mplete, comply with and abide by eacii as~~ erery il~c ii:~;=ei~:,;N, ayr~.:;e:~is, c~idiiii,~.~ ar.~i covenants of sa:d promissory note and af th?s Mortgage, then this Mortgage and tfie Estate hereby created shzli cease and be null and void. _ - ~ IT 15 UNOERSTOQD that the v+ord "Mor:gagor" vtihether in the s~ngular o: p!ural ar.ywhere in this Nbrlgage, :!~a{I be singular if one only and shatl be plural joir.tly and severally if more than one, and that ihe wor.~ "fhelr" as used anywhere in this Matgage shal! ~e faken to mean "his;' "hen;' po or "its," wherever tfie context so i:npties or ndrrits. Also, tha! wherever there is a reference in the cove~antt and agreem2nts herein contained fo sny of the parties hereto, tfie same shall be cor:strued to mean as well as the heirs, legal tepresentatives, s~ttessas snd assigns (either volvnfary by act of. ihe ~w partits or involuntary by operation of the law) of the same artd that the cove~ants herein contairted shatl bind an~ tht benefits artd advantsges inure i V to the respec:ive heirs, fegaf representatives, successors and asi°yns of the parties hereto. - - - And said Mwigagors, fw themselves and fheir heirs, legal representaiivcs, succeuors ar.d assia~ hereb•,• joinfly_and ieveraii~ covenant ano syree ~ to and witn the said MORTGAGEE, its svccessors anc' assigns: ~ .p 1. To pay a1) and singular thc prir~tipal and iMerest and the variovs a~d wndry sums of money payab(e by virtue of said promiswry nate, ar.d this ~ ~ mortgage, each and every, promptly on the days respectively ihe sartie se~erally become dve. . - 2. To pay all and ~ingular the taxes, assessments, lev7es, Iiabilitles, obli9at~ons ~nd encvmb!ances of every naTUre and kino now on said desc•ibed ~ # property, w that hereafter may Ir_ imposcd, suffered, placed, _levied, or assessed thereon, or that hereafter may be levied or assesse~ uport this lliCttfl- p~ agx, w Ihe indebtedness secured hereby, each and every, when due and payab'e, ac~ording ±o law, before they bccome delinGusnt, and befort any intereit Y~ ~ asteches or an~ penalty is insurred; ANQ IVSGfAR AS ANY .THEREOF IS OF RKORU THE SAME SHAII 8E PROMpTtY SATISfIEO AN~ OISCHARGED OF W RECORD l+ND THE ORIGINAI OFFItIAt DOCUMENT {SUCli A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OffICIAILY EN~CQSED - OR CERTIFIED) SliAl[ BE PtACED IN THE HANOS OF SAID NIORTGAGFE WITHIN TEN DAYS i~tEXT AFTER PAYMFNT; s~d in the event tFiat any there~f is not paid, saf"sfied arxl discharged sa'd /.10RTGAGEE mey a: any time pay the same or any pari thereof withcvf wa~ving or affecling any optiort, (ien, equiry ot ~ .iqhl ~ndet w by vertue of this mor~gzge and the fvll amovr.t of each and every svch payment shall be immed~ately due and payable and shal) besr interest _ irom ihe date thereof uroil pai~ at rafe of n:ne per centum per annvm and together w~~h suth interest shall be scc~red by fhe lim of th:s morglsQe.