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HomeMy WebLinkAbout1855 r ~ ' ~ . . . ~ 3~ (~n~~ ~ i ~ THIS INDENTURE, 1Nade the 6~h day of `Jun~ • A.~. i975 b:t~nre~ Ba~lard Johnso~ ~i~Z~~- ,I~.nsor:. _ his wite of St • I''- uC e Cour.!y Florida, hereinafter designatrd as the "A10RTGAGOR;' and fIRST fEOERAI S:;VINGS AND :OAN ASSOClATION OF fORT PIERCE, a corporat~on organized and exisiing under ihe taws of the United S?atas of America and having 11s principal place o!. business in the City of Fort Pierce, St. lucie County, Florida, hrreinafter designaled as the "/hORTGAGEE:' WNEREAS Ihe MORiGAGOR is justly indebted to iha MORTGAGEE in tha sum of S_~-~~-~~-QQ , good and lawful inoney oi IFv. lJn~trd States advanced by iFa 1dORTGAGEE ~nto the h10?2TGAGOR, as evidenced by a cer~a~n promissory note of even date hstewilh, of which ihe following i~ words and figuret is a tr~a copy, lowit: • . sio soo.00 ~ : Ho11000323 i Fort Pierca, Florida, JUne 6 19 75 j ~ ~ fw. ~a?ue received, 1, ~ve or either of ~s, pro~r~ise lo pay, withoul Jefa!cation, to ihe order of fIRST FEDERAL SAVIhiGS AND LOAN ASSOCIATION OF ~ FORT PIERCE al fort Pierce, Florida, Ihe sum oi S-1~ 3 5~ • O0 with interest !rom date at Ihe ?a~e of _9 _-°,o per annum, in monthly insta~{- ~ ments as iollows: S 134 • ~Q on the _~Ot ~lay of . 1975_.__ and a like sum on Ihe corresponding Jay of each month there- i after ~ntil the who!e Ir_• fully paid. ~ ~ Each installment fiist shall be appl~ed in paymen+ of the inte~est and then en thr ~npaid balance of the prinupa) sum. If defa~lt is made in fhe ~ payment of any installmen! when due, and such default continves 30 days, then al the opti~n of the holder, and withcvt any other notice, all tht remaining instaflments shall be due and payab!e at oncr. Privilega is gi~en fo prepay this nole in whole or in part at any time without penalty. Neilh.e~ iorebearante, nor accep!ance by the ho!de~ thereof a!rer any defavlt in any payments hereen, shal( be deemed extension. A late payment charge of S 6• 7O shal) be _ added to each instalfinent :emaining unpald 7 days after its due date, and a like sum shafl be added to each su_h installment remaining unpaid 7 days after each succeed+ng payment date. _ - ~ - Eac}~ maAer, surety and endorser hereof, jointly and severalty, waives demand, presentment protest and r,otice of prolest for nonpaymenl, and forther aarees to any extension ofi time oi payment, eithe~ 6riore or aher maturity, without not~ce to any of us; and to pay all costs of collection, including a reasonabfe attorncy's fee in the event of a~iy dxiault hcreunder, and hereby severally via~~es all benefit of homestcad and exemptien under the ton~tifution and laws of each $tate of the United 5tates, as against this obtigation or any extansion or renawal hereof. : Wit~ess the hand and seal of ~ach pany. ~ , ~!~ti~C s~ ~ 5~ S/ Ballard Johnson (SEAI) ~ ~ ~ - ~ Haze Jo nson lSEAI) - - . ~ cs~?u 15 75 - - csea~~ • ) State Reven~e - - ~ . ~ ~ !R7[~QiC7dDi3~b4~C9G ' ~ ~ { NOLY, THEREFORE, the MCRTGAGOR for the purpose of securing payme~t of said sum of S l~ ~ SO~• , ared the performance of the - covenants and agreements hereinafter expressed, ,~nd for divers good and valuable considerotions, by these presents, does grant, bargain, sell, temise, . release, convey and confirm unto the MORTGAGEE, its successors and assigns, a11 that certain lo?, piece or partel of land, situato, lying, and being in the County of St . Lucie ~ , and State of florida, descri~d as followa: . . Lots 1, 2, 3, and 4,•Blo~k 9, REGINA PALMS SUBDIVISION, as per 1=~lat thereof on file in_F1at B~ok 4, Page 62: according to the public records of St. Lucie County, Florida. ~c~0~-SD/' Qal3'004~0 - ~ ~3~~ 3 -svi- oa~y - o~-~c~/~ ~ ~ 35~~3 - s vi - D~ is - t%vo/~ - . ~;1 ~ . ~ . . ~ O ~ - _ t ' ~;.%C3~~ i' ~ - _ , i F~-S~P- ~ ~ _ _ - . . ~ ; ~ f~r~ E~~R~~'~~~ f `5' ~ _ ~O ~ ' ~o ~~~U ti~ ~t~~ s ~•,j - , r ~ IH ~~p~pf~, r o~~c;f. ~ -;•.13~. ~o rER~''- ; . ~r . OFP z . ~ ~ ~ ~ ° ~ , ' ~ iN14NGIBLE S ~ 1911.~,~7 { . ~ . ON CIA~ - • ~~•134~ 1~ v'". ' Gi Y- c'y` G? ~ Q8•~ ~~yS TO R pOlSitJ~S . - . y L' t~ i \~~~t- • ~ ~IC~~ $j. IA~~E ~ t t~~ ~~~;It . - c. "p _ _ - . _ • - - - . ~ x- tugether with al! and singular the tenements, hereditamenls and appurtances tfiere~nto belonging or in anywise appertaining thereto, and all rents, issurs, ~ groceeds and profits accruing and to accrue from said premis~s, all of which are includeti in the above and foregoing deuription ar.d habendum. ~ TO HAVE AND TO HOLD the above described and granted premises ~nto tha said MORTGAGEE, iti sutcessors and assigns forever. And the aaki - MORTGAG--for =~~~r heirs, executors, administraton and atsigns, hereby covenants with the said MORTGAGEE, its successw.s and ~uiyro, ~~ey are , that - - aw{~Ily seized of the said premises in fee simple; thaT the iame are free, clear and discharged from a11 litti-u ar?d entum~ ~ lxances in !aw or in equity, and that_ t~ will and thell heirs shall warrant artd dafend the title to the same to the said ~ l~lORTGAGEE, its svccsssors and assigns, forever ~gainst ttw lawful claims and de.-nands of all pertons; - ~ PROViDED, ALYlAYS that if fhe MORTGAGt7R ~hall pay unto the MORiGAGEE tha prumissory rate hereinbefore described artd shall truly, promptty _ ~ and fully perfcrm, d;scharge, ~xocute, complete, comply with and ab;de by each and every the stipulations, agreements, ~conditions and covenants of said . ~ promisswy nc,te and of this Nlortgage, then this Mortgage and the Estate hereby aeated thall tease and be r.ull and vop~f. ~ - 17 IS UNDERSTOOp that the word "Mortgagor" wheiher in the s~ngufar or plural anywhero in this Morlgsge,_ shsll be singular if one only a~d ~ ahall be plural joint:y and severally if mwe than one, and that ihe wad "their° as used anywhere in thit Mortgage shali be taken to rtsean "his;' °hen," ey~ ~ w"its;' wherever the context so implies or admits. Also, that wharever there is a referepce in the tovent.~ft and agreemsnts herein contained to any of p - t!x parties heretq the same shall be cansrrued to mean as well as the heirs, legal representstives, successors and assig~ (eithet voluntary by sct of the . ~ pariias or involuntary by operation of the law) of the same and that 1he covenants herein contained shall bind and thr benefits and advaniayes inure to the respective heirs, legal representatives, wcceswrs and asrgns of the p~rties hereto. ~ - - - _ _ - - - ~ - - And said Mortgagors, for thenise~ves ahd the~r hein, legal representatives, sucxssors snd auigns, hereby jointly and severally covenant arv! a9r~ - to and witfi the said MnRTGAGEE, ifs svccessas and assigns: ~ . _ 1. To pay all and singuiar the princ7pal and interest and the var~ous and svndry sums of noney payable by virt~e of said ptomiuory note, and fhit ~ . morigage, each and every, promptly on tha days respsttivsly the same severally become doe. ~ 2. To pay ail ~r.d singula~ the taxes, assetsments, levies, liabitities, obligations and encumbrances Qf every nature and kirx! rx+w o~ said desrxibed ~ proprrty, w that hereafter may be imposed, suffered, placed, tevied, or assessed thereon, w that hereafter may be levied or sssessed upon this Mortg- _ i~ age, w the indebtedness securec! hereby, each snd every, when dve and payable, accordi; g to Iaw, before they btcarr?e deGnqueM, and before sny interost attathes or ary penatty is incwred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SiiAll 8E PR0r4lPTlY SATIS~IED ANd DISCHARGED OF~ RECORD AND THE ORIGINAI OFfICIAI 9ACUMENT (SUCH A5, fOR tNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER Of~ICIALIY ENDORSED~r OR CERTIFIEDj SKALL 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not paid, sat:sfied and discharged sa"d I'110RTGAGEE may at any time pay tiie same or any pnrt thereof without wai~ing or effecting sny option, lien, eqvity o~ .ipht vnder or by virtue of this mortgage and the full amovnt of each and every such payment shall be immediate!y dve and paysble and shall bear interast - kom tfie date thereof until paid at rate of n~ne per centum per ar,nvm and together with such interest ~haU be secured by the lien of th:s mor9t~ye. _ . . . a`...s ._r..".._"'..~_.. ~.s,.~ h~ . . t:. . 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