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HomeMy WebLinkAbout0810 ; . ~ i ~ UU.7V I~+V I ~ 1 THIS INDENTURE, Mada Ihe ~2~rC~ day of ~{a;;--~ - - A.D. 19~?S betwqrn ~ ~ ~'~i~t~zf.i-I?•.-1'lQ12~~n~i 'aapD_=, l`~L~~.*~~_11f<1L~_ _ i i_ s , ` . ~ of St .~.U~ie , County Florida, hereinc(ter drsignated as tht "h10RTGAGOR," ancl FIRST fEOERAI SAVlNGS AND IOAN ASSOCIATION OF FORT PIERCE, a torporolion wgani:ad anci existing under tho lavrs of the United Stata~ of Amer~ca end having its printipal plate of b~siness fn ihe City of fort Piarte. St. l~tie Coun?y, Florida, he?einaiter designated a~ Ihe "MORTG.AGEE." ~ WHERE.4$ the MORTGAGQR is j~stly indabttd to the h10RTGAGEE in the sum o( S 27i~~~~~0 guod and lawful money o( the Ui~ited State~ adva~xed by the MORTGAGEE ~nto Ihe h10kiGAGOR, as evider~cad by r czrta~n promissory nate of even date he~ewilh, of which ihe tollowing in ~ ~ ~vords and ii ures is a trui copy, to-rnit: ~ 1~0~0 ~,7 i s 27~~~~~~0• ~ Fort Pierte, florida, ~~a V 2~ ~q 7 5 For value reteived, I, vee or either of us, promise to pay, withoul defalcalion, lo iha order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATIUN OF = FORT PIERCE at Fort Pierce, Florida, Ihe sum o't 5-27-3~4~Q--- W~th interest irom date at ihe rate of 8• 75~'o atr ~nnum, in ~~oMhfy instail• - ments as follo~vs: S22n l~--- on tha _.?~2 day of _.~~.~24:.~." 19_ ~ and e like sum o~ the corrosponding day of each month the~e- aElar uMil the whole be tully paiJ. Each installment firs~ shall be apptied in payment ~f tho interest and ~hen on !he unpaid balar.ce o.` the princ~pal sum. lf ~ef~ulf it made in Sha ' paymznt of any inslallment when due, and suth dafault continues 30 days, then at the option of tti_ ho;der, and withoW any other notice, al! the remaining i~stallments shall be due ancl payable a1 onca. Privilege.is g`ven to prepay ihis note in v~•hofe or in part at any time withoul prnalty, fVeithtr fo~ebearanta, nor acceptante by the hofder thareof after any def~ult in any payments hcreon, sh~l4 be deemed extension. A late payment charge of S 11-• ~ shall be ~ added to each i~staltmeN rtmaining unpaid 7 days after its due datr, and a like wm shait tk added ~o eacf~ such instattment remaini~g unpaid 7 dayi after each wtceed~ng payment date. ' - Each maker, surety and endorser hereoi, join?ly and savera;ly, wa~ves drmand, presentment protest and npti.e of prottst for nonpaymeni, and further agrees to any eztension of time of paymeN, eiiker beforo or after maturity, wiihout not~ce to any of us;-a~d to pay all conts of collection, induding a reasonable atromey's fee the event of any defau?t hereunder, and hereby severa~ly waives all bene(it ef homestead and exemption under the constitution and Iaws of each Statz of the United States, as agains? Ihis obtigation or any exiension or renev~al hereof. r y ; Witness the harsd and seat af each party. ~ ~t • - _ ~ I I 'T ~~d ' ~ ' ISEAL) ~ _ • • ~ , (SEAL) - ~ . . . . ~ (SEAI) ~ 4 ~ • 70 . ~ _ . ~ ; ~ . . i (SEAL) ( ) State Re'venve - ~ _ ~ . ~ ~ ~ ~ , (itwwpr-cK~aei~«d•~o~•ai3iwel.wo~e) • ~ NOW, THEREFORE, the MORTGACa~R for the purpose of securing payment of said sum of S 27 ~ gn0 _n~ , and the performance of tha ' covenants and agreements hereinafter expres3ed, and for di~ers good and vatuable co~s~deratiors, by theie preseMS, does grant, t~rgain, sell, remi~e, telease, convey and coniirrrt unto the MORiGAGEE, its zuccessors and assigns, alI tF~at certai~ lot, piete or parcel of land, situate, lying, and being in the County of StTI e . and Stete of Ftori~a, deuribed as follows: ~ L.ots 19 and 20~ tilock 1n0~ 'pOiT ST L11CIF, SECTION 27~ as per plat _ recorded in Plat I~,ook 14, Pac~e 5~ of the Fulalic Records of St. Lucie . , _ Count;~, .,l~rida ~ - _ ~ - ~ ~O `~0 36 ' 4 ~Db~ `~D~/S~ . _ - ~ r f - - ~ S ~T',~T ~ ~ ~ L C) R i D ~nrm ~ ~ e - - ~i a0: Ut~~~NTAPY~ , STli~,t+A . T tl X j !N RI4YIMEHT OF TAXES ~ . ~?`s~ - . : . _ - DUE Oq CLASS'G' INflN161BLf rER90NAL PROPERIY, _ z~ D~P.. 'v~'~~ E1F_tiUr - - PU~(T TO CHAPIER 71-134 ACTS OF 19/1. _ . - - _ 4 I.- 7~0 ~ - r~oc~ ~ir~+s _ « _ ~ P~ J CLERK CI4CUlT COURT _ . ~ - ^ -1 ~'r,Z _ . . . . . . ' _ ' Sf. 1.11CiE CO., FIA ~ . . . . . - - ~ ~ . . _ . . . . . . . _ . . . . . . . . . . . . . . . . . . . _ ~ _ . . . . . . , - . ' together with all and singular thc tenemer.ts, hereditaments ar.d appurtances thcreunto ir~longing w in anywise appertaining thereto, and atl rentt, iss~es, proceeds and profits acuuing and to accrue from said premises, all of which are included in the above and foregoing description and haberxlum. - _ TO HAVf AND TO H04D the above described and gronted prem;ses unto the seid MORTGAGEE, ifs s4ttesson and stsigns forever. And tM saW MORT~AGOR for th~lr heirs, executors, administrotors and aisigns, hereby cor•enanri with the said MORTGAGEE, its successors and asiT~ro, _ = that arQ- - Iawfully seized of the sai~ premtses in fee simpte; that th~ same are free, clear snd discharged from sll t~ens and ~nc~rn- _ brances in lavi or :n eguity, and that~heV~ wi1l and f~~lr heirs shall warrant and defertd the title to the ssme to Ihe said ` lVIORTGAGEE, its svc~essors and assigns, forever against the lawful claims and denands of tll p=nons; . _ t PROVtDED, Al1ti'AYS that if the hSORTGAGOR sl~all pay unto the 1J~ORTGAGEE the promisiory rate heraic.xfore dewibed ~nd sMil trv:y, promptly . nqd ~s and fully perform, d+scharge, exec~te, comptete, comply with and abide by each a~d every Ihe~stiF+vl~tions, agreements, conditeons and covena~i's of said ~ promissory note and of this Mortgnge, then this Mortgage and the fntase Far~.'~.y :r2atsd sh:ll ceasm an~ ~^a - IT IS UNDERSTOOD thal th~ vrord "Mortgagor" whether in tne s~ngular or plural anywF~ere in thit Nbrtgaga, sball bs sinyolar if ona only ~nd ~ shall be p!urol ~ointly and severally if more than ont, and that ihe word "their" as used anywhere in th~s.Mortr~aye sMll be tsker. to mean "hi~," "heri" i or "its," wherever th~ contezl so imp!ies or admits. Also, that wherever there is a reference in the coveoants and agreementi herein containtt7 to aoy o4 # the parties hereto, the same shall be construed to e;ean as wafl as the heirs, legal representatives, successors an3 assigns (either voluntary by sct of tM " parti_es ar involuntary by operation~ of the !aw) of the same and that the covenanfs herein ca~tained shalT bino and the benefiti ar.d advsntages tovre to the respective heirs, legal represematives, svc.euon and asrgns of the parties hereto. _ And said IKortgagors, for themselves and their heirs, legal representatives, svccessors •nd auigns, hereby joinHy snd severally covenant snd a~see ~ ro and with the said MORTGAGEE, its svccessors aod assigns: - - ~ _ ~ _ 1. To pay aq and sinyular the princ:,~al and intertst ar~d the variws and sundry sums of money payable by virtue of said promissory note, and tfii~ ~ - mortgage, each and every, promptly on the days rapectively the same sevaral!y became due. ` To pay all and ~ingular the taxes, assesuxnts, levies, liabiliries, ok:tigstions and e??cvmbranca of every nature and kind now on said describcd property, u that hereatter may be imposed, suffered, placed, levied, or asseurd tbereon, ot tt?at heresfter ma~ bs levied w usesied uiwn_this MortQ- age, oc the in~debtodress tec~red hereby, each and every, where due and payable, accwding to law, before tt?ey become dti;nquent, and L+afore ~ny interest - atteches or any penatty is incvrred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD 7HE SAME SHAIl BE PROMPTLY SATISFIED AND D!SCHAR^vED O~ RFCORD A~iD THE ORIGINAL OFfICIAI, DO~UtAENi (SU~H AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PR~ER OFFICIAIIY ENOCiRSED _ OR CERTIFIED) SHAII BE RLACED IN THE HANDS OF SAIO MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d i~ the event that any thereof is nat paid, satsfied and discharged saEd h10RTGAGEE may at any time pay !he sart+e or any part thcreof withwt w~iiing or affecting any option, lien, eqvity or ?~qht vnder w by virtue of this mortgage and the f~:l amount of eath and every svch payment shall be immediately due snd payabk ~~d shall bs~r interqt i.om the dste thereoF until paid at rate of n~ne per centum per annum and fogether w~th svch i~teresl shall be sec~red by the lien of th:s mwytsye. • - - - - -