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HomeMy WebLinkAbout1074 ` l ~l~ t ~E> > TH15 INOENIURE, hlnde the_~~Y? ~ day ar ~ Janua rv , _ A.D. 19~~ ~chv~n Maude Thom~on Rodet~ e widow _ o( . LUC~@ , Counry ftoride, hereinafter desigrtared as the "MQRTGAGOR," nnd FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERLE, a corporation organi:ed and exiiting under ~{fe laws of tha United Stat~s of America and having it~ principal ptace of business in the ~~ty uf Fort Pierce, St. lucie County, F~orida, hereinaiter deiignated es the 10RC~ GAGEE:' WN:REAS ihs h10RTGAGOR is justly indebted to the MORTGAGEE in ihe sun~ of 3~?_J~~' gacJ ar.d !a:•:ful mor.ey of fhe Un;ted States ad~anced by fhe MORIGAGEE vnto the 1.10RTGAGOR, as evider.ced by a certain promissory note of even d~te herewith, of whith Ihe (ottowinc~ in wcr r~~~ . oo a true copy, to-~vit: 1~ ~7~ f - . ~ No fort pierce, florida, ~ Janua ry 1 7 19 for val~c received, I, we or eithet of us, promise to pCay, wiihout defattatio~i, to tha order of FtRSt fEDERA!L SAV.~lNCGS ANb IOAN ASSOCIATION OF FORi PIERCE al Fort Pierce, Florida, the sum of S-~a1~~ • w;th interesit fr~m date at the ~afe o~' • G-) °io per annum, in monthly install• ments as fo:Iows: S..Ll-aQ~ _ on Ihe ~~t~~tay of Ma rr~ ,)9 ~5~? and a like sum on the corresponding day of each month there- eftzr unhi tne wi~oie ~e iuiiy paici. Each instailmenf firsl shall be applied in payment of Ihe interest and lhan on the unp3;d balance of the princ+pnl sum. If default is made in the payment of any installment when due, and wch default continues 30 days, then at the opf~on of ?he holdcr, and without any other notice, all !he remaining ins~allmems sha!! be due and payable at once. Privilege is given to prepay thi: note in whole or in part a1 any ttme without penalty. •Neith~er f.o~re~bearon:e, nar acceptance by the holder ehereof after any default in any payments hereon, shall be deemed extension. A late paymen? charge of 5----11 shell be added to each installment remaining ~npa~d 7 days nfter its dua date, and a like sum shall be added to each such inslallment remaining unpeid 7 days after each succeedir.g payment date. . Each maker, surety and endorsar heteof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either befote or a(ter matu+ity, without notice to any of us; and to pay all costs of col(ection, including a reasonable attorney's fee in the evenl of any default here~nder, and hereby severally waives al! benef;t of homestead and exemption under the cnnstitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. :.'i4,^,c,z h~.^.d ~.^.a beal nf a~rh ~ar1y. ~ . ~ f s j Maude '1 homnson Roden . (SEAI) e widow csEA~t (SEAi) 8 . 2 ~ (SEAI) - 1 Stata Revenue (Stamps cancelled on original note) ~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of S~~/O~ and the ptrformence of the covenants and agreernents hereinafter exprc~sed, and for divers good and voluable con:ideration~, by ihese presenls, doe~ gront, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its s~ccessors and assigns, all that certain lot, piece or parctl of land, situate, lying, and being fn fhe ~W~ty af S t. Luc i e and State of Floridn, detaibed es follows: Begin at the NW corner of Merion and Palme~to Streets in Fort Pierce, Florida and run 1~0 feet west along the north line of P~lmetto Street to point of beginn3ng o£ tr~ct hereby described; from this point of beginning run northerly on the line of and parallel with the west line of Elizabeth Klopp~s lot, a distance of 200 feet; thence westerl,y paralLel with Pal.metto Street 50 feet; thence run Southerly on a line parallel with ~he weat Iine oi Elizr~~~t~-i Klapp~s lot, a dis~gncs of 200 feet to Palmetto Street, run thence easterly along the north line of Palmetto Street 50 feet to point of beginning,~being in Block S o£ Dittmer & McCarty~s revision of 1;heir re-subdivision, as p~r plat thereof on fiZe in Plat Sook l, at paRe 3, af the public reco~?ds of St. Lucie County, Florida, ? C3a~ f":`~I:'F:~ ~ Iti P!.Y?'~\T OF ~t:ES R _ ~U-n~ ..~T~tiG~f1lE FERSO~.~,~ ,•,-„rt.t1Y, w~. ~ ~ f~ ~ L. C~ t- l__ i~ i-.~ I u~-, PL ~~untii `,ii~CN"rri:.i22L•-i21,AC7~li~ 1~~11, ~ f.- DOCU,ti9ENT~1~`_'_S!,';;:; ~ z . ~ TA;t f:(UG. :~~-~T~'~ C~=rk Gircu+t C-urt a = JAN20'66 ~1,~~~l~` os Agent i~r CUr_7i5 M. 1Ah1ES ' ~ 7ax c ecror U ` ' . ~ ~ Ss. Lucio unty N = ~825, co~~~raoL~_~ u~.19o~3n f~~s~a,.~,-% _ ' gY DEYUTT CLERK together with all ar~d singvlar the tenementi, heredilamenTS and appurtances thereunto belonging or in any-vi~e appertaining thereto,'end all rent~, isiue~, " proceeds snd profit: accruing and to accrue from ~aid premises all of which are incl~ded in the above and forepoing description and hahend~m. TO HAVE AND TO HOI~ the above described and granted premises unto the seid MORTGAGEE, iti s~ccessors and assignt forever. And the tsfd MORTGAGOR for he r•--- htirs, executors, administrators and assigns, hereby covenants wifh the iaid MORTGAGEE, its s~~ecessors ertd au)Qnf, that --s~ lawfully seized of the •aid premises in fee simple; that tM ~ame are freo,. clear and d+scharged from all liens end encurr?~ brances in law or in equity, and thaf s~8 will and her heir~ shell wartant and defend !he title fo the ~ame to the sald MORiGAGEE, its successors arrd assigns, forever against the lawful claims and demends of all per~ons; PROVlDED, ALWAYS ihat i! Ihe lNORTGAGQR shall pay unto t'fie h10RTGAGEE the promistory note hereinbefore desvibed and thall truly, promptly and tully perform, dischargo, execvte, complete, comply with and abide by each and every the stip~lations, •greerfienl~, conditiont and covenan~~ of taid ~•or•±~.t~r~ note and of thi• Mortqage, then Ihis Mo~tgage and the Estata hereby ueated thall cea:e and ba null and void. _ t IT t5 UNDERSTOOD that the word "Mortgago~" whether in the singular or plural anywfiere in thii Mortgage, shall be iingular if o~e only and shall be plutal jointly snd ieverally if mwe than one, and that the word "~heir" as used anywhere in this Mwtgage shall be taken to mean "his;' "hsrs;' : or "its;' where~er the context so implies w admits. Atso, that wherever there is a reference in the covenant~ and agreemenls herein contained to sny of t the partiet hereto, the same ~hall be construed to mean as wetl as the heire, legal tepretentativei, iuccesson and as~igns (ei:her voluntary by att of 1M parties or tnvoluntary by operotion of the law) of tho same and that tne covenants herein contairxd thal) bind and tfie benefils end advantayes inurs to the respective heirs, legat representative~, :uccessors and ass~grts of the parries hereto. And said /.Sortgagort, for themsttves and their heiri, legal representatives, succeiiors and assigns, hEreby joinrly and ieverally covenant and egree to and with 1}1A said MORTGAGEE, ita svccessors and assigns: - l. To pay all end singular the prirxipel and interest and the varioui and sundry sums of money payable by virtue of iaid promissory note, and Ihii ; martgage, each and every, promptly on the days respectively the same severaNy became d~e. - 2. To psy all and iing~lar the faxes, aisesimentt, leviei, liebilifiet, obligations and encumbrances of every nature a~d kind now on •eid desc?ibrd F prope?ty, or thnt t?ereafter may be imposed, iuffered, placed, tevied, or auessed thereon, or that hxreafter may be levied or a~sessed vpon thit Morig- ~ ? agr, or tha indebtedneu :etured hereby, each and every, when due and payable, according to Isw, before they become delinquent, and before any intersit ; ~ attaches w any penalty is inc~rred; AND INSOFAR AS AN THFREOF IS OF RKORD T11E SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGED OF ~ RECORU AND THE ORIGINAL OFfICIAI DOCUMENT ($UC~ A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPfR ~OFFICIAIIY ENDORSEO OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHtN TEN OAYS NEXT AfTER PAYMfNT; and in tha event that any thereof is not - paid, sat':fied and dfscharged ~a;d M.ORIGAGEE may at any time pay the same or any part thereof withovt waiving or affening any optio~, iien, eq~ity or : .ipht under or by viriue of this mortgage and the full amount of each and every ~uch payment sFall be immedialely due and payable snd shaii bear tnterest $ ~•om the date thereof until paid 3t rate of nine per centum per annum and together with tuth intere~t shall be secured by the lien of th:i morglage. , 46g ~ ' ~oo~