HomeMy WebLinkAbout1378 ~ ~ , , ~~.oo~~ ~ C~
THI5 INDENTURE, hlade ihe._, 6~'h da of J~e - A.D. 19~ belxcen ~
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of S~ C e County :larida, ha:einatte~ dcsigr,aled as the ','MORTGAGOR," and FIR57 FfDERAI SAVlNGS ANG IOAN
ASSOCIATION OF FORT PIERCE, a corporotion organi:ed and exi~Nng under th~ (awf of the Unit~a Stattt of America end having i:t principal place of
businei~ ?n the City of Fo?1 Pierce, St. l~cio County, Florida; hrreinafter designated as Ihe "MORT AGEE:'
WNEREAS the MORTGAG~R ii ivstly indebted !o the MORTGAGEE in tha wm of S- 20 9ood end lawful money of the l~nited
States advanced by 1he h10RTGAGEE unlo the MORTGAGOR, a• evidenced by a certa~n promissory note of eve~ date herewith, of which ihe toflowing tn
word~p'd,Ltst.•~,(i a irue topy, to-wit: ~o 10021390 t
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Fort Pie~ce, Platda, June 6 19~ ~
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~ fw value received, I, vre or either of us, promy~g~, tq~,~y, v~~~GUt defalcation, to the order of FIRST FEDERAI SAVINGS ANP IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, fierida, ihe sum of S `V~~W~V~ with interest fron date at the rot@ of .st~~~o per annum, in monthly install-
ments as follo~vs: S 1?2,~~ on tha 2~'h day of ~ptembe2' ~ ~q~~ and a like sum on the co~responding day of each monlh thero-
a(ter ~ntil the whole be fully paid. -
Each installment firol shall be applied in payment of tha 1Nereat and then on the u~paid balnnce of the principn) svm. If detaulf ii made in the
. payment of any insta~imanl wh~n d~e, and such default continues 30 day~, then at the option of tFe hatde~, and without any other nofice, all the remaining
installments shall be due and pa;able at on-e. Prlvilega is given te prepay thii ~ote in whole or in part at any time without penalty. Neitl~er {orebearence,
nor acceplante by the holder tiiereof aiter a~y default in any payments hereon, shall be deemed extension. A late payment tha~ge of = 8•60 shall be
added to each instal!msnt rema~ning vnpaid 7 days afler its due date, and a likc sum shnfl be added to each such installment temaining unpaid 7 days afte~
each succeeding payme~? date. •
~ ~ Each maker, surety and endorser hereof, jolntly and severally, waives demand, presentmenl protest and notice of protest fof ~onpayment, and furthet =
_ agrces to any extension of time of paymenl, either betore or afler maturity, withouf notice to any oF us; end to• pay all costs of collection, includ~ng a
reasonab!e attorney i fee in the event of any defavit hereunder, and hereby severotly waives all be~efit of homeatead and exemption under 1he constitution
and laws of each State of the U~ited States, as against this obligation or any extension ot renewal hereof.
Witness 1he tiand and seal oi each party. _
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A~~ 1~ n , S 031 8y OI' - ISEAI)
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$31.20 ~ . , csEAu
r ? State Revenue , ~ ' -
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~ NaiN, THEREFORE, ~he MORTGAGOR for the purpose of• fecuring payment of said ium of s 20~ $00• ~ , and the performance of the
covenants ar?d ~agreements hereinaiter exprased, and for divers good and valuable 'considerations, by these presents, dxs gront, baryain, _iell, remise,
release, convey and confirm unto the MORTGAGEE, its svcceswrs and aui9ns, all that certain lot, piece or parcel of land, situale, (ying, rnd being in the
St . Luc ie ~
Counry of - and Sta1e of Floride, dewibed •s followa: - _
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~ Lot ly less the IVorth 2U feeL and.the North 4~ feet of Lo~ ~
Block 2t, South -2,5th- Si~reet 9ubdivision as per renised plat
. . thereof on file in Plat Book 11, page lt6, Public R~cords of
~ St. Iucie County, Florida. - ~
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~pa~~---~'-_--~'' - - , RfCEIVED - G IN PAYMENT OF tAXES _
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- ~tlE Oti ClASS 'C INTANGIB~E PERS(3NAl. PROPfRiY~
; - ; ~ PtiRS1)AttT 70 CHAPTER 71-134. AC1S OF 197L`?!l~/
- , . - - - - ROGER POITRIIS /
~ _ ~ EtfRK CIRdIIT COURT. ST. dUC1E CA, FLR~ -
together with ali_ and iin9vlar the tenements, hereditament{ and appurlances thereunto belonging or in anywise aRpertaining shereto, and a0 rents, ~S3UE3~
prweeds and profits acuuing and to acaue from said premises, atl of which are included in the above and foregoing description and habendum. _
TO HAVE AND TO HOLD tne above desuibed ~nd granted premises ~nto .ihe sai~ MORTGAGEE, its svccessors and asiigns .forevet. And_the said
MORTGAGOR fw t'he ir heirs, executors, administrators and assigns, hereby covenants with the taid MORTGAGEE, its suttessors and auiyns,
~~t ~hev 82'@ lawfvlfy se~zed af the said premises in fee simple; that the ssme are frec, clear and discharged from all lioru-and encum- _
brances in.law or in equiry, and that~- will and .~~Q j„r fieirs :hall warrant and defend the title to the iame to the satd
MCl2IGAGEE, its successon and nuigns, forever ayainst the lawful daims and demands of al) penoru; -
PROVIDED, ALWAYS ihat if the M~JRTGAGOR shall pay unto the M02TGAGEE the ptomiuory note hereinbafore dewibed and shal! truly,-promptly -
~ and f~lly perForm, d~uharge, =xaute, complete, comply with and abide by each an~ every thc stip~rlstiona, agteements, conditions and covenants of said
promisswy nole and ot this Mortgage, then thi: Mortgage a.~d the Estate hereby ueated shall tease and be ovll and void.
IT IS UNDERSTO~D that the word "Mortgag~r" whether. in the singufar or ploral anywhere in th~s MortQage, shal) ba sing~lar if one only ac~d
shall be plural joint:y and uverally if more than one, and that the word "iheir" as uted snywhere in this Mortgaga shall be taken to mear~ "his;' "fxrs,
c+r "its;' wherevu the context_so implies or adm~ts. Also, that wherever there ii a reference in tha covenants and agreementi herei~~ cantained to sny of c.~~~p ~
the panies hereto, the same shall be construed to mean as wefl ss the heirs, legal represe~tatives, successort and assigns (either voluntary by sct of the't
partirs or invol~ntary by operatron of the law) of the same and that. the covmanti herein contained ahall bind and the benefits a~xJ advantayes inun ~
- ta the respective heirs, legat representatives, succei;ors and astgna of the partiei herer9. - }~i -
And said Mortgagors, for themsetves and their heirs, legal representatives,- succeuors and auigns, hereby (ointly and severally covenant and sgree 0
to and with the said MORTGAGEE, its succeuors and assigns: ~ . -
~ 1. To pay all and sing~lar tht printipal snd interest and Ihe var'~cus and sundry sums of money payable by virtue of said promi~sory note, and this
mongaqe, each and every, p?ompt':y on tfie days respectively th= same severally become c3ve. . - ~ .
2. To pay a11 and •ingular the tar.es, sssessmenri, levies, li~bllities, obligstions snd encumlxances of evcry narure and kinsl now on said desuibed ~
property, o? that hEreefter may be imposed, suffered, plated, levied, ar ~uessed thereon, or thst Fiereafter may be levied ar assessed upon thts Morty-
age, or the indebtedr.e:t secvred hereby, each and every, when due and payable, xccrdiny to taw, before they become delinqvent, a~d befwe ~ey interest ~
attacfits or ar.y penalty is ir?curred• AND Iht50FAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 9E PI201NPTLY SATISfIED AND DISCHARGED OF~
RECORD AND THE ORIGINAL OFFlCtAI DOCUMENT (SUCH AS, fOR INSTANCE, TNE TAX REGEIPT ~R THE SATISFACTION PAPER OFFICIALLY ENCORSED _
OR CERTIfIE~) SHAII BE Pll+CED IN THE HANDS OF SAID MORTGAGEE 1NIIHIP! TEN ~AYS NEXT A.~TER PAYMENT; and in the ever.t that any thereof is not
Faid, saCsfied and dischatged said MORTGAGEE may al any teme pay the same or any part thereof without waiving or affecting any optian, lien, equiry a
•iqht vnder w by virtue ~f this mortgage and the full amounl of each and every ivch payment shall be immediately dve and payable and shell be+r inttrest
From the date thereof until paid at ratr of n~ne per centum per annvm and together wfth such inte~eit shall be secured by the lien ot tn:s moryts~e. :
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