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HomeMy WebLinkAbout1382 ~ . 31403~ ~ ~ ~ THIS INPEMURE, Madr the Sth_ d~y of - ~`~~e ~ ~ T, .A,D. 19_~~, betn.teen - . Toar~mv Ga.rrQ11.J?asris and~atr.ill~Dauis,_h3_s.-~ui.f_e' of ~~,a_~<<ieie Counfy Florida, herei~aiter de~g~ated as ihe "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATI~N OF fORT PIERCE, a corporition organized and exiitinq ur,der th~ !sr:s uf Ihe United Steta~ of America and hevinfl ir• principai pl~ce of buiineif in the City of fo~f Pierce, St. lucie Co~nty, Fforida, hereinafter deiign~ted as tho "MORTGAGEE:' WHEREAS ihe h10RTGAGOR is justly (ndebted to Ihe h50RiGAGEE in iho sum of ~ 16,400.00 9~~ and iewiul meney of tha Un~ted 5tatet advanc..~ by tha ~.IORiGAGEE unta the MORiGAGOR, as evidanced by a certain prornissory note of even date herewilh, of which ihe (ollowing in words and figures is a true copy, to-.vit: = 1,~}400.00 ~ , No 100213$6 Forf Pierce. Flpride, j~~ S_ lp 75 ~ ~ For vatue received, 1, ~ve or either of us, prom~se to pay, wiihout de(alcal;on, to tt~e ordcr of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT °IERCE at iuf Pierce, F!orida, thr w~~ of s 16 ~4n0~ ~ vrith intcrest irom date at the rata of 9• ~°o per annum, in monthly instal!- ments a~ ioliow3: S__la8 • 00 ~ on the 2Oth day of ~ Ju.~~_-_-. 19 75._ and a like sum on the corcesponding day oi each mo~th there- L. '1 ~ 1_ L_ l..lf.. •J . V.i'~1 1.1i~i11 i11C VY11V.C K I4~Iy YUiJ. Each insratlmenf first shall 6e applied in paymenl of Ihe interest and !l~en on the unpaid balance of the prinupa) sum. If default is mads in the payment ot any instaltment when dve, ar.d wch dafault continues 30 days, thtn aS th~ option of the hotder, and without any other notic~, all. the remaining inst~ltment~ shall be due ard payab!e al once. Privi(ege is fliven lo prepay this nat2 in whole or. in part et any t~me without pe~alty. Neithet forebeatance, nor atceptance by the holder thereof after any default in any paymentt hesron, shal) be deemed extension. A lato eayment charge of shell be added to each installment remaining unpaid 7 days aifer its dus dbte, and a like s~m_shaii be addad io each s~ch instaflment remaining unpaid 7 days a(fer _ each s~cceeding payment date. - _ - Each_ rnaker, surety and endorser hereoi, jointly and severally, waives demand, presentment protest and notice of protrst for oonpayment,_and further . agrees to any extension of t~me of paymenf, eifher before ot after maturity, without ~otice to any of us; and to pay all tosfs of tollection, including a reasonablu attorney's fer ?n 1'~e event o( any default hereundar, and hereby severafty waives all benefit of homestead a~d exemption ~ndac the constitulion - and Ib.vs of each State of ihe United 5tates, as against this obligation or any extension or renewal hereof. Witness the hanJ and seal o( each parry. - ' ' ' ~ - _ , ' s/Tommy Carzoll Davis - ~seAt~ ~ ~ - ,1 ~ ~ _ _ - ~s~u ~ - , s/Patrilla Dav3.s cs~~) r 524. 60 . , 'r . . - cs~?t) . Sta1e Revenue ($f4R1p'SRa1tC~11~"df~~Vl'~LJ~R~T T1Qf2) ' - . ~ ~ ~ ~ L > • - - NO'N, THEQEFORE, the MORTGAGOR for. the purpose of securing paymeM of Said sum of b 16 ,4~ • Dd - , and tha performance of the ~ ~ co~enaros and agreements hereinafter expressed, and for diva~s good and valuable considtrations, by these ptesenls, does yrant, bargain, sell, remise, release, convey and confirm un:o the MORTGAC;EE, its succes:~is and assigns,-all that certain lot, piece or patcel of land, situate, (ying, a~d being in the . :ounty of St . Luc ie and State of Florida, described as follows: - ~ ~ B1oCk 20, _ - - . Lots 9 and 10,/INDRIO UNIT NO.1, according to the plat thereof on file in Plat ~ . _ Book 5, Page 42; Public Records of St. Lucie County, Florida, - : , - . /5~/~ ~ --on ~,s - _ - - - _ o~<~/~ ~ - - _ .f-\_- - . ` ~ - ~ - _ ~--'o . ~ - ~ :f~~-~tc*_ _ : 1 - ~ ~ P~ ~ ~ A' - ~ - . - 'c~'Q .Pi~~N u _ _ - f ~ ~ . ~ S•.i - _ ~ 1Q~~t•° ~ - _ i ~ ! - i _ - " E . . ~s+ r- pR• - - yr i ~`:~f`2 ~ . ~C- C^ _ ~ ,cC~ ~ - ~ ~ . _ ~ ~ . v ~ ~O_ IN fA~RiEH~ Of TAXES ` - . RECEIVED : ~ . - DUE ON CLASS INtA~GIBLE FEnSa~:~1t PROPEF.rr~ - - _ . ~R~j 10 CHAPTER 7l•13~. AC~S Of 19T7~. ~fl - - ~~p p~(tF.AS - ~LER.K C1RCW~ CA~RT, ST. tl1Clf_ ~ _ - ' together with all and aingular the tenements, hereditamentf and appurtantes there~nro belonging ex in enyvvise appertair.ing thereto, and all rents, isstxs, prxeeds and profits acuuiny and to accrue from said premises,-a11 of which are included in Ihe sbove and foregoing deuriptioa and hsbendum. _ TO HAVE AND TV` HOID the above described and granted premises unto the said MdRTGAGEE, its suttessors and assiyns forever. And the said MORTGAGOQ fot thf212 htirs, executors, administrators and assigns, hereby tovenanti with the ssid MORTGAGEE, its autceuort snd ~stiytu, _ thpt thev~-_ lavf{ully seized of the ~aid pre,~~~se~ in fte simple; that the same ara free, dear and discharged from all lient a~d encurtr bran:es in law or in equ~ty, and that they will and th@lr heir: shall warrant and ~efend the title ro the samfr to the s+k1 1~ORiGAGEE, its sutcessors and assigns, forever against the lawful claims and demands of al) pertons; . ~ PRO`IIDED, ALWAYS that if the MORTGAGOR shall pay unto 1he.MORTGAGEE the promissory r~cte htreinbefore described and sh+~11 trvly; ptompYly _ and fuliy perfo~m, dticharge, ezecvte, comp!ete, comply with and abide by each and evzry the stipulations, agreements, con~~+Ia~~ and tovenantt of said ~ promissory note and of this Mortgage, then this hlor}gage and the Es!ate hareby ueated shal! cesse and ba nvll and void. - ~k IT IS UNDERSTOOD that Ihe word ",Aortgagor" whether in the singular ar plaral anywhere in th;~ Matgage, shall be tTnqular if one only and o e shatl be plvrat jointly dnd iever~Ity if-moro than one, and that the word "the~r" as vud sr,ywhere in this Mortgage shsll be taken to mean °hi~" "hen,". ~aD F or "its;' wlxrever the context so i:np!ies or admits. Also, thaf wherevet there is a reference in the covenanis ~nd sgreements herein wniained fo any of !he parties hereto, the s~me shall be construed to menn as well as the heirs, legal representatives, sutcessors and assigns (either voluntary by atT of the ~ ~ parties or involvntary hy operatio~ of the law) of the same and that the ccvenants herein contained shall bind and the !xnefib arsd edvsntages invre ~ ~ ro tlx respectrve heirs, legaf repreuntatives, success~n aad_asrgns of the parties hereta ~ And said M~tgsgors, for themutves and their heirs, legal represe~tative~, svcceuors snd as:i9ns, hereby jointly and ieverally covenant snd ayrte to and with the said MORTGAGEE, its svcces:on and assig~s: . - ~ ~ = 1. To pay all and sir~~lar the principal and interest and ~thc variovs and sundry sums of money payable by virtue of seid promissory oote, and this ~ mortgage, ebch and every, promptly on tbe dayi respect~vely the same several;y become dve. . ~ - 2. To pay al! snd •ing~lar tfie taxes, assessme~ti, levies, liabiiities, obligations and encumb~arxes of every nature and kirw now on s+id describsd ~ ~ propsrty, or that hereafttr may be impascd, suffered, piated, levied, or atsessed thereon, o? that hertsftet may be Ixvied or rssested upon this N~ort9- sge, or the i~deFudnesi secured hrreby, each and every, when dve and payable, atcording to law, befwe ihey become dolinqvent, snd b~for~ sny i~tetest - attzches or any pe~alty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RECORt~ THE SAME SHAII BE PROMPTLY SATISFIE~ AND DISCHARGfD Of - RECORD AND THE ORIGIhAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED - OR CERTIFIEU)_ SHALL BE PLACED IN THE NANDS Of SAID MORTGAGEE WITHIt~ TEN DRYS NEXT AfTER ?AYMENT; artd in the event thaT a~y t}xrsof is not paid, sat"sfied and diz<harged sa:d lJ10RTGAGEE may at any time pay the same or any parl lhereoS wiiho~f waiving ar affecting any opticx?, lien, equity or ~iqht ur.der or by virlue of this mortgage and the full amount of etth and every svch payment shsll bt immediately due arad payable and shatl bear inferest iram tF.e date thereof until paid at rate of nine per centum per annum and together w~th svch inferest shall be sec~red by ihe litn of th's rtxx9taqe. =