HomeMy WebLinkAbout1380 - - - r
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' THIS INDENTURE, M~de tM bth day oi ~`J~e A.D. 19 7~ between i
o~yd`~ay er an . y , s W - ~
of St'•~UC 8 ~ County Floride, hcreinalte~ de~ignated as 1he "MORTGAGpR," and FIR5T FEDERAI SAVINGS AND IOAN
ASSQCIATION OF FORT PIERCE, e corpaation o~genized a~d rxiiting ~nder the lawi of the United Stett~ of America ~nd having it~ prlncipal place of
b~sines• M the City of (brt Pie~ce, Sr. lucie Cou~ry, ilorida, herainafter de:igneted as (he "Mq~Cy~4C~E.,.
WHEREAS ths MORTGAvOR is iu~lly indebted to the MORTGAGEE In the sum of s V~ ODU ~ g~ end lawful money of the Unlted
Stntes advanced by the MORTGAG~E unto the A10RTGAGOR, as evidrnced by e certaln promissory ~ote of tven datu herewith, af which tfie foliow:ng in
wordt an fi v?es is a true copy, tawit: •
_ ?o,~o~.oo - No looz~.391
fort Plerco, fiorfde, June 6 19 _
For vai~e received, I, we or either of us, romise t +thout dafatcation, to the orddr of FIRST FEOERAI SAVINGS AND tOAN ASSOCIATION OF ~
P Z O ~~~y' ~O C
FORT PIERCE at Fore r e, rida, Ihe sum of S ~ ' wi~h. int re t trom date at the rnle of 8• 7•~9', per annum, in monthly install• t
mants as fottowt: S~~~ on the 2~'h day of _S~p~m~~ , 19 snd s like sum on tha correspondiny day of each month thero-
afte~ until the whoie be fully paid. , :
Each iostallme~t first shall be applied in payment of Iha fnteresf and Ihen on the vnpaid b~lante of the p~intipal sum. If default is made in tha i`
payme~t of any installment when due, a~d such defautt continues 30 dayt, then at tha option of the holder, and without any othe~ nolice, all !he remaining
insiallments shall be due and payable at ance. P~ivilega is given to Ftepay this nole ir wfio!e o~ t~ part at any time without pinalty. Neither forebearance, ~
nor acceptance by the holder thaeof after any default i~ any payments hereon, shall ba deemed exten~ion., A late p~ymenl charge of s 8.6~ ; shall be
added to each lnstailment remaining ~npa~d 7 days after its due date, and a like sum shall be added to each s~ch instat!ment remaini~g unpaid 7 day~ after
each succeeding payment date.
Each maker, surety and an~a~ser hereef, jofMly and sererally, waives demand, presentment profest and notice of protest fo~ nonpaymeat, and furlhet
agrees to any extension of time of payment, either befora o~ after maturity, without not~ce to any of us; and io pay all costs of collection, incfud~ng a
reasonable aitorney's fee in the even~ of any defa~tt hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution
and iawi of each State of the United States, as against this obfigation or any exte~sion or renewal he~eof. ~
Witneis the hand and seal of each party. ~
. -
, - . - (SEAI~
. '~'1K ? ! ~ ~t~.~ ~s LZoyd Taylor -
• • . (SEAI)
• a •s C~.Ot.~1CI8 F• . (SEAtj . . ~ ,
r ~31.2U - . ~ . Taylor ~s~~~ .
) State Revenut . • - . ,
(~~tQ323D4d~aQaCQi~L3Sti~ : ; . -
p pose of securi a ment of taid svm of S 2~ ~
NOW, THEREFOAE, the MORTGAGOR for the ur og p y ~ and the performance of the
covenants and agreements hereinafter expressed, and for aivars good and vsl~abte tonsiderations, by these pre~ents, dcat grant, bar~ain, sell, remise, ~
release, tonv~e` and tonfirm unto the MORTGAGEE, i1s iutteuors and assigns, all that certain lot, piete or partel of lend, sifuate, (ying, and being In the -
Coun:y of `"t'• I'uCiB - a~d Stafe o{ Florida, deuribed ss faltaws: '
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~ . ;,ot ~6 and the North 2G feet of Lot 1~, Block I~, South 2Sth Street
Subdivision as pe„ revised plat~thgreof on fiZe in Pl.at Boak 11,
. Page 1~6, Public ~ecords of St. Lucie County, Florida.
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- i.~ l~;a - . R_CE~YEQ S ~~TAN618LE FE+2S~1fL~l PROP~I~t
. , _ ~ • - pJt Oti CIASS 'C' ~ 191].~
~ - , ~ - PUR5UANf j0 CW1P7fR 71-134. l1~iS r~/'~ -
- • . - R~t',ER {'DiTRJ~S .
. ' aLER14 CIRWIt CWRT~ ST. WCIE (A~ f~
_ $
~ogether with all and tin~ula~ t6e tenements, hereditaments and appurtances thereunto belongir~g or in anywise appertaining _thereto, and all rEnts, issues,
proceeds a~d profits accruing and to accrue from said premiset, all of which are incl~ded in the abova and foregoing destription snd habendum.
TO HAVE AND TO HOLD the abova desaibed and granted premises u~to the said MC~RTGAGEE, its sutcesion and suiyns forever. And th~ said
th~ ir -
- MQRTGA~
R tor . heirs, executors, administraton and assigne, hereby" to~enanri w(th the ssid MORTGAGEE, ifs s~:c~sas and ~uiqns,
that --°==-e~ a~ lawfull :eized of the said
_ y premise: in fee simple; shat the ssme ire free, clear •nd disch~rQed from _ ali fieru and_ encum-
- branca_in taw or in equity, and that the3l will and thAir hein shall warrant and defend tha title to the same to the said -
~ MORTGAGEf;~ its si;ccessors ar,d assigns, fwever egainst the tawful <laim: and dema»ds ot_aN pertoruj ~
~PROVIDED, ALWAYS that if the MORTGAGOR shall ~ay unto the MORTGAGEE the promiuoty nots hereinbe.`ore destribed and shall froly, promp!iy '
and fu{ly perform, discharge, execute; complete, comply with and abide by each and every the :tipul~lions, agrermenti, ct.r?ditioru and covenant~ of-ssid
promisaory note and of this Ab!tgage, then this Mortgage and the Eitate hereby created tfiall cesse and be nult ~nd void. x~
IT IS UNDERSTOOD that thc wwd "Mortgagor" whetlxr in the :ingular or plural anywhere in thi: Mortflsge, aha!! b~ •i»gutar if one only and ~
shal! be plu~al jointly and soverally'if more ihan one, and that the word "their" as ustd anywhtre in thh M~xtgage shall be taken to mes~ "hif;' "hert," _
or "its;' wherever the coruext so implies or admit~. Also, that wherever there is a referente in the covenants and agreementi herecn coniaine~ to any of ~
the parties ixreto, the sams shall be construed to mean as well s~ the he+rs, legal rap?esentativet, sucressws snd suigns (either volunlsry by act of the
panies or Involuntsry by operation of the law) of ihe same and that the covenants herein contained sMll bind and the benefits and adv~nta9es inure
to the ~apettive heir:, 1e~al repreuMatives, wcceu~r: and ass9pns of the p~rties htreto: ' ~y
. A~d saM MoHgagan, ior ttxmselves and their heira, legai representatives, successors and auig~s, hereby joi~tfy ar~ severtlly covens~t artd ayree ~
to and with the said MORJGAGEE, ifs successars snd asaigns: : - .
l. To pay all and iingvlar the prirxipal and interest and the va~iovs and sun~ry _sums of money payable _by virtue of said .promi:wry note, and thes_
- matgsge, cacfi and every. Rromptly on the deys re ~~ctively the same severally become dbe. , w~
2. To ~II snd •i W
paY ngvlar t~e laxes, auessmentc. Icvia, liabilities, obligations and erxvmbranset of evrry nature ind kind now on said described
property, or th~t hereafter may b~ impoted, suffe?ed, plated, levied, or. sssessed tbereoe, or thst hereaftet may be Icvied or ~s~essed upon thh Morty~-
age, or_the indebtedneu iecvred hereby, each snd every, when dve snd payable, accordinfl ro Iaw, before ihey become dalinquent, snd before sny intercs~
. attaches or any pe:.alty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAIt Bf PROMAiLY SRTISfJED AND DISCt1ARG'iED OF
RECORD AND THE i3RIGIN,fil OFfIWAt D~CUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATlSFACTION PAPER OFfICIAIiY ENDORSED "
OR CERTIFIED) SHAt! BE PLACEO IN THE HANDS Of SAID MORTGAGEE WtTNIN TEN DAY~ NEXT AfTER PAYMENT; s~d in the event tMt any thercof is ~wt
- paid, saCsfied and discharged said MpRTGAGEE may at aay time pey the sarn~ or any part therraf withovt waivinq ~ affectiny any oprlon, lien, equ~ty w
.iqht under or by virtve of this mortgage and fhe full amount of each a~d every svch payment shall be immedialely due snd payable and sha11 beu interesf
From the date Ihereof unti! paid at rote of nine per cen!um per annum and tegtther with wch iMerest ~fiatl be xcured by t'r+~ (ien of th:i mc+rgtaya