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HomeMy WebLinkAbout0132 c,~~_~.;.~ r ~r~~-~, ~ THIS INDENTUR"c Made ihe_~ ""____dey ~f_ JB__n~U$~ A.~. '.9~~ , betwe~n f~'~ B. Nildreth arid M~e Ac~~ Hi. re , s w3_ei` of_ St . Luc 3e C<.unly, Floridn, hereineiter dcsignated as ihe "MORTGAGOR;' and CIT12EN5 FEDERAI SAVINGS AND IOAN ASSOCIATION OF ST. WCIE COUNTY, a corporarion o~qaniJed and exi~ting vnder the laws of the United Stales of America and having itt prinNpal plece of husiness in tha City of Ft. Pierce, St. lucie County, Fiorida, hareinafter des~gnated as the "A10RTGtiGEE". , WNEREAS the MORiGAGOR is jus~ly indebted to tF~e h10RTGAGEE in the sum of S~~Q • ~o , good and lewful money of tha United Statas advanNd by the A10RTGAGEE unto the MORTGAGOR, as evidenced by a certain promtssory note af evtn date herewilh, of wb;ch the foltowiny in words and figurei is a Irue copy, to-wit: S S,QQS?~.44__. No.-~~`~ Ft. P;erce, floride ~anuary 27 , 19 ~ For value received, 1, we or eilher of us, promise to pay, ~vithout defalcalion, to the order of CITIZENS fEDERAI SAVINGS At~D IOAN ASSOCIATION OF ST. LUCIE COUNjY; at ft. Pierce, florida, the ivm of ~ 5. ~~0 . Q~ witfi interest from date at the rate of 6~ 5% per enn~m, in • ~~~.y, montAly inatellments as foliows: s r',.7 -~Q _ on fhe~4SLSc!1-day of_~'IflY'C~1 , 19 and a lika sum on the corresponding dby of each month ihereafter until the whole be fully paid. ' Eath installment first shall be applied in payment of the interesl and then on the unpaid ba~ance of the principal sum. If defauit is made in the payment of any instaliment when due, and such defauit continues 30 days, then at the c+ption of the holder, and without any other notite, all the remainin5 installments :ha!! b~ dva nnd payable at once. Priviicge is given to prepay th's note in whole or in part at any time without penalty. Ntither forebearence, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payrnent charge of shall be added to each ins.allment remaining ~npaid 14 days after its due date, and a like sum shall be added to each such installment remaining ~npeid 14 dayt afier each succeeding payment date. . Each maker, s~rety and endorser hereof, jointly and severally, waivea demand, presentment protest and notice of protett fot nonpaymenl, and further agreei to any exte~sion of time o{ payment, either betore er after maturity, without notice to any of and to pay ell coiti of colloclion, inclvdlrq ~ reaso~sble attorney's fee in the event of any defaull hereunder, and hereby severally waivei a!I benefit of homestea~ and exemption under ths conttitulbn and law• of each State of the United Statei, a~ against thts obligation or any extens~on or renewal hereof. Witness the hand and seal of each party, g , B, ildret s arie da Hildreth ~u cs~?u cs~?u $ 7 50 tsenu ( • ) State Revenue (Stamps tancelled on original note) NOiN, THEREFORE, tho MORTGAGOR fa tM purpose of tecuring payment of said sum of S and the perform~nce of tM covenant~ and agreemenl~ hereinafter expretied, and for diven good and val~able coniideration~, by tfie~t presente, doe~ qrant, bary~(n, ~ell, remiu, release, convey and confirm unto the MORTGAGEE, its succFSior~ and as~igni, all that certain lot, piece or perce) of I+nd, ~itv~te, lyinp, ~nd bein9 in tha n L r , Cc+unry of • 1'~~' ~ _ , and Statr of Florida, de~cribed as follows: Lot 7 of B1ock 3 of GLIDDEN TERRACE, a subdivision of the City oP Fort Pierce, a$ per plat thereof on ~ile in Plat Book 7, at page ~7, public records of ~ St Lucie Count Florida. ~ ~ . Y, . r A ~ 1}~ [ 1k 4 ~ Or _ 1 f ~.T~ N `~~1Cc . ; ; ~ o }.~,vt~- ~ 5 ~ A r ~ u N ~ t~ : P . ~ sT~~r•1P TAX ; _v~~~.~ ~Hj~~2~~~{`~~`G~~~t~ ~ ~ OOCUMENTAP::_~ - = I ' ~ =G~-~~1N tn GN~P G~~.tk C', ES -~-i ~ = .fAN27'66 2~~ - - ~ O = ~ .~.3~ ' i p~l `'~U' t~~ : - ,`e~s' ' rJ M•'~ • ~ , ~ ~ ~ O = ~ ~V r 7 P ~ GIS~r~, ~ U C0~'PTRa! LER ~~-~r - ~ F~ ~,~e~~ ~~~RR t~~C ~,J O~ j`i L~~~ F~B.1~'~tiz3 ~~coa~~----------- . ~ ~ ~ _ ~ c , LL~~ ,~:~j L ! ~ • ?~1 ~ i ~ ~ i ~j ~ i ' togethsr with all and singular the tenements, hereditaments and apputtances ihereunto belonging or in anywise apperta(ning ihereto, and all rsntt, Itsue~, ; ~ proceeds and profits accruing and to accrue from said prernises, a~l of which are incl~ded in the above and fwegoin9 description and habendvm. ~ TO HAVE AND T~nelQr e above described and granted premises unto the said N~ORTGAGEE, iti i~ccesson and auiynt forever. Md ths saW ~ MORT AGOR for 1---- heirs, executore, adminisyators and assigns, hereby covmants with the seid MORTGAGEE, iti successon snd assi9n~, ~he are that lawf~lly teizedtof the eaid premises in feet~ie~r a~ the :ame are free, clear and diicharged from all Ileru and encv~ brances in law or in equity, artd that t1ey will and _ heiri ~hall wsrranl and dofend the titte to th~ s~ms to th~ sa{d MORTGAGEE, ~iti svctetsors and assigns, forever against the lawful clsims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MQRTGAGEE the promissory note hereinbefore desc?ibed and shall tr~ly, promptly and fully perform, discharge, execute, complete, compty with and abide by each and every the stipulatioru, agreements, condition~ snd tovanants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby veated ihall cesse and be nvll and void. t IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plurol anywhere in thit Mortgage, thall be ~in~~lsr if one only •nti E shall be plural jointly and :everally if more than one, and that the wwd "their" as used snywhere in thit Mortgage ih~ll be taken to me~n "hT~;' "Fwn;' 1 or "its;' wherever the contexl io implies or admits. Also, that wherever Ihere i• a referente in the covenanti and agreemrnts Mreia tontsined fo tny of ~ tht partie~ hereto, ihe •ame shall be constr~ed to mean as well as the heirs, leyal representativet, successors a~d a:si9ns (either votuntary~by +d of tlw partits or involuntary by operation of the law) of the same and tha? the covenantt herein contained shall bind and the benefit~ and adventa~p Invn ~ to the tsspective heir:, tegal representatives, tuccestors and assiyns of the partiet hereto. _ E . $~~K i~7 ~3~