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HomeMy WebLinkAbout2401 _ _ ~ . ~ ; 3in~~~ _ ~ . ~ . . ! TNIS INDENTURE, Made thr 1?th~ day of Jun~ , A.D. 19 betwee~ - Travis O. Newton and Vera_Ei. Newtq_n, his wife______._ of St. I..UC1@ Counly Plorid~, herai~a(~er desiynated as the "A50RTGAGOR,° and FIRST FE~Ek1l SAVIN~aS AND LOAN ASSOCIATION Of fORi PIERCE, a corporat~on organized and existing under the laws of the U~i1ed Stalos of Ametica and having it• ptincipal piaca of businas~ in the City of fort Pietce, St. Lucia County, Florida, hereina(ler desi9na?ed a~ the "MORTGAGEE:' ' - WHEREAS 1he h10RTGAGOR is justly indzbttd to Ihe h10RTGAGEE i~ iha wm of S- 1~-1800•.~0 goocl and lawful .r.nney ot the UN?ed ~ States advanced by the 1.10R1GAGEE unto the /AOR~GAGOR, as evidanced by 3 cer~a~n promissory note oi even date herewith, of v~luch IFa fullowing in wordi and fic urzs is a truc topy, to-.vit: , s 12 , 80(~. 00 _ ~011000326 ° fort Pierce, Florida, June 17 ~ ~q7J° For value received. I, ~ve or cith~r of vs, prom~sc to pny, without detak.~ro~i, to ~he order of FIRST fEDFRA~ SAVIhGS AND LOAN ASSOCIATIOPI OF FORT PIERCE a~ Forf Pierce, Florida, f~~e sum of s_ 12_tBO~s_~0 v:~th ~nterest (ro~r. date at tha rate of 9~°.b per annum, in monthly install- men~s as lo:!o~tis: S_ 1~.~~ on the _2Ot•tlav of ~_.ju_l~____..__, 19 _?S_ and a like sum on the correspond~ng day of each month there- after until the vrhole bt fully f.cid. . . Each insta.l:nent f~rst sha11 be appl;ed in paymenl of ~ha iNcrest and then on !he unpaicl b:iler.e oi ~he prindFal sum. If defaulf is mac~e in the ~ pa~mtnl oi any inuallmznt when due, and svch da(autt cominues 30 days, then at thr optio~ of the ~,ota_•, and without any ot~A~ notice, all the remaining installments shjll ba due and payable at onc.. Pr~vileg~ is given to prepay Ihis note~in whota or in part af a~y time without penahy. . Neither iorebearance, } ror acceptance by the I*etder th:reof af~e~ any defau'.1 in any payments here~n, shalt be deeme:l extensioo. A latc payment tharge of 6• shall be ~ added r~ each insfallmrnt remaining unp~;d 7 days afier its due date, and a Ilke sum shafl be addzd ro each such installment remaining unpaid 7 days aftei - each succeedir.g payn:ent date. ' Each maker, surety and c~dorser _hereof, join!ly and severally, v~aives demand, pr~s~ntment prolest and notice of protesl for nonpayment, and further agrees to any eatensipn of time of payment, e~ther befure or aNer m3turity, without notice to any oF us; and to pey all wsts of collection, including a reasenable attomcy's fee ~n the evenl of any defau~f hereundar, and hereby sevaral!y waivez all benefit of homestead and exemption under the constitufion and la•n•s of each Sfaic of the United 5ia~es, as cgainst ~6is obGgation or any extension or rene,val hereof. _ ~ ~Vimess the hand and seal of each party. ~ ~ S/ Travi s O. Newton ~sEA~~ - . ~ .1~ ~t7 2S ISEAL) : ~ ' S Vera B. Newton (SEAI) - . ' . • _ - (SEAL) ' ( ~ 19 • ~ ) $tate P,evenue ~ ~ 1 _ aC0~.1tLL~]~:]¢OGDt+~daWf~DG7€~iC]OX - ; - . ' _ p g p y ~ , and the performencc of the NO'N, THEREFORE, IFie MORTGAGOR for the vrpose of sec~rin a ment of sai sum of S 12 ~ BO~• _ covennnts and agreer,ient3 hereinafter expreseed, and for divers good and valuable con:id•=rations, b~ these presents, does grant, bargain, sell, remise, r~lease, convey and confirm unto fhe MORTGAGfE, its successors and asfignc, all that certain tot, piece or parcel of land, sitvate, lying, and being in the ' County o` St . Lueie _ , and State of florida, describrd es iollows: ~ _ • r - . Lot 15 and the South 30 feet of Lot 16 of GARDENVILLA SUBDIVISION as per Plat ~hereof recorded in Plat Book 9,_at page 61, of the Public Records of St. Lucie County, Florida. - ~ ~ ~D~ -00~5 - ~:~~D~IP . - - : . - . ~ ~ ~ ~ o~~a~~ ~ . - - _ ~~`"sr~rnF~=' j - ~ `n A ENj aR~ ~ ` ~5`~.- ~ ~ ~ ~cv ~ ~ ~ 0 1 ~ . c~ ~ ~ ~ pT ~F REYE( . g• " ~ ~~y~~•~a`~. ~ . ~ ~ - - ~ ~ a;, ~ P.B 2 ~ _ - ' 1 . a - ~ ~ nx ~ . ~ ~ " - - ~ ~ ~ TnxEs - RE~p r~sON1?L PROPEen. . ~ ~ ~ ~'Ali66a.E ' ~ t TO CHA~`iER 71•134. N'CjS OF 19/1. ~l ~ _ - ~ . . PUBSIMM . - p0t~R1~,t . - CtERK CIRCUIt COURT, St. ltlC~E C~•. F~ - - - . ; ~z togetFer with ail and singular the tenements, herec+itaments and appurtances thereunto belbngi~g or in any~vise appertaining the?eto, and all rents, issves, proceeds and profits aaruing and to accrue from said premis~s, all of which are included in the above and foregoiog desviption and habendum. . - : TO HAVE AkD TO HQID the above descrihed and granted premises unto the said MORTGAGEf, its sutcesscrrs and a~signs forever. Md the said 1.10RTGAGOR for - th~'lr--_- heirs, executors, admin~strators and assigns, hereby covenants with the said MORTGAGEE, its successors arsd auigm, the aze - that y-----=- ~a~vfulty se+zed of the said premises in fee simple; that the same are free, clear and discharged from all liens and encvm- brances 7n law or in equity, and that they will and _ ~thell heirs shall warrant and defend the title to the iame to the said - - MORTGAGEE, its svccessors and assigns, foraver against the lawful daims and demands of all perxons; ~ _ = PROVIDED, AtY~AYS that if the 1AORTGAGOR shall pay unto the M,ORTGAGEE the promissory note Fiereinbefore described and-shall truly, promptly W~ = and fully perlorm, d:scharge, execvte, comptete, comply with and ab:de by each and every the. slipulations, agreements, condition~ and covenantt of said d prom~ssory note and of this Mortgage, then this ldortgage and the Estate hereby created shall cease and be null and void. ~~7 IT IS UNDERSTOOD tha? ~he word _"Mortgagor" whether in the s~ngula: w plural anywhert in this Mo?tgage, shall be sing~iar ii cne oniy and ~ ` shall be ptural jo;~tly and seve?ally if more than one, and that the werd "theii" as used anywhero in this Mortgage shall be taken to mean "his;' "hert;' ~ s or "i~s;' v.herever the contexi so imp!ies or admits. Also, that wherever ihere is a reference in the covenanta and agreements herein contained 1o any of ~ the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by ad of the ~ parties or invalumary by operation . of Ihe iaw) of the same and that the covenants herein contained shall bind and the benefits and advantages inute -y F to t~e respettive heirs, lega: representatives, successors and asrgns ~f the parties hereto. ~ K And said Mortgagors, for themselves and their heirs, lega) representatives, successws a~d assigns, hereby joiMly and severally covenant and agreE i~~~? - r w and wi~h the said MORTGAGEE, its successors and assignr. - - c ~ 1. To pay all and singular the prirxipal and interest and the vario~s and sundry sums of money payabie by viriue of said promissory note, and thia ~ mortgage, each and ever•,, Y~omptly on the days respectively the same severally become dve.. _ ~ ~ 2. To pay alt and sing~lar the taaes, assessmentf, levies, liabitities, obligations and encumbrances of every nature and kind now on said described ~ - property, or lhat hereafter may be imposed, suffered, placed, levied, or auessed thereon, w lhat hereafter may be levied or assessed vpon this Mortg- ~ age, or the indebtedness sec~red hereby, each and every, when due and payable, according to law, befue they become delinquent, and befote my interett attaches or any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY =SATISFIED AND DISCHARGED OF . ~ RECORD AND THE ORIGIhAI OFFICiAL DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER O~fICIf+tLY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID 1~10RTGAGEE WITHIN TEN DkYS N'cXT AFTER PAYMENT; and in ihe event that any thereof i• nol pa~d, s~Ysfied and d~scharged sa'd MORTGAGEE may ar any t7me pay the same or any part thereof witho~t waiving or-affecting any option, lien, eqvity or " •iqht under or by virtue of this mortgage and the fvll amount of each and every such pay~nenf shall be immediately due and payable and shall bear interest ~rom the date thereof until paid at rate of nine per centum per ann~m and together with such interest shall be secured by the litn of th:s morgtaQe.