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HomeMy WebLinkAbout0208 ~ ~ ~ THtS INDENIURE, hladr the____=!_~h dey of J anuar__~t__ _ , A D. 19~SdSZ, behveonJ _ All~n J Morr~s__~~iarv ~r~nn~.~s_-M~ri~~his.._~ita.,_~_~ _ :f St: Lue_ie i-,...,,~~ n..~:a, F,..a;,,~i~o. ~1,.~~,n~~er{ a~ the "h10RTGAGOR." am.1 FIRS~ FE~ERAL SAVINGS AP.D IOAN ASSOCIATION OF FORi PIERCE, a curpo~etien organized and exisring unde~ fhe laws of thr Un;ted Stet~s of America and h~ving it~ pri.~cipel plate of 6usiness in the City of Fort Pier<e, 51. lude County, Florida, hereinafier designated as iha 'Y.10RTGAGEE." WNEREAS Ihc MORTGAGOR is j~~tly indebted to ihe h10RTGAGEE in Ihtt sum of $~_8~Q_~QQ_____, 9~ed and law(ul money of ~he Un;ted S~ates advanced by tha 1,1rJRTGAGEE unto the h10RTGAGOR, as ev~de~~ced by a certain promissory not~ o~ rven det~ herr,vitl~, of ~vh~ch fhe foilo~nring in ~vords and Figures is a u~a copy, t•r:vi~. z_ 8UO . 0o No__~, 29~, Forl Piercr, Flori~ia, J&2~,L.lf~~,'y 27 •_^~y~~ for value received, I, we or either of us, p~om se o pay, `v~ithout defalca~ion, !o the ordzr of FIRST FEUER \L S~A,VIP,l~~S r1ND IOAN ASSJCIAiIUN Of FORT pIERCf at Forf Pierca, Florida, the wm pf S~ f"~~ • OO _ w~th inrorest from datc at the rate of ~o pet annum, in monthly install. ments as follows: 5~~~ OO on the 1.1~1 day of __J:liaL'Liil~__, 19_ S2C2_ and a li~.e sum on the correspond~ng day of tach month there- after until the whote be Fully paid. Each installment firet shal! be appl;ed in paymeM of Ihe interest and then on ihz unpaid balancr of ~he princ~pal sum. !f ~~efault ii mjde in the payment of any inst~llment when due, and such de(ault cont~n~es 30 days, then at the option of the ho!der, and witho~t any other notice, all tFe remaining inntallments ehall be due and paya6le at once. Privilege is given ro prepay this note in who!e or in part af any f~me without penalty. ~Neither fO~ebearance, nor acceptante by the hotder thereaf after any defauf~ in any payments herean, sitall be deemed extension, A lafr payment charQ,: af S 2~, shall ba added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be ~dded to each such in~tallment remainir,q unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest a~d notice of protesr for nonpayment, and fvrrher agrees to any extension of time of payment, either be(are or after maturity, ~vithcut notice to any of us; and to pay all costs of collection, indud~ng a reasonable attorney's (ee in the eveM of any de(ault hereunder, and hereby seve~ally waives all benefit of homestead and exemplion under the cnnstituticn and laws of each 5tate of the United Stafes, as against tiTis ooiigation or any ex+eniivn or rer,rwot hc;eof. ~Yimess tha hand and seal of each pa~ty. . Allen J . Morris (SEAI) S Mary Franceq M~rri R (SEAI) (SEAL) (--~p-~! y n ) Stata Reven~e (SEAL) (Stamp~ tartcei!e~ rn o~+ginal note) NOLY, THEREFORE, the ~ti10RTGAGOR for the purpose of securing payment of said sum of S-} f~~~ , , and the performence of the covenants and agreements hereinafter expressed, and for divers good and va~unble considerations, by these Fresents, dces grant, bargain, sell, remise, retease, convey and confirm unto the MORTGAGEF, its ~uccessore and eseigns, a!I that ce~tain lo?, piece or parte) of land, siluate, lying, and being in the County of .Sti. LUC16 , and Stata of Flo~ide, detcribed e~ follows: Lots 13 and ll~, Block 1, MERKLIIv SUBDIVISION, as per plat thereof on file in Plat Book 9, page 3_~ public records of St. Lucie County, Florida, ~ . ~a ' {~rr' `'1•~ - . ,:T!'' ~ . .i PUNSI~ . - • ' - - : " ' ' - ~ . . . . . _ . i . ' ~ 4 1 ' _ ' ' . ' ~ . . . ~ \J 1 j' t ' , v ~ ' t, "i ~f. LU : j ~ . _ ~ f--- U~~L~~lEiVTli~., c- ~ij ~ ~ . I/~~~ - _ • ~ ~ 1 [ 1 r~ 7 ' ~ - ~ JG!~2~'S6 ~ ~ - --------L-- J;.'Y ~.~_;t:, N ~ C'Gti~pTROi ~ r,, ~t_ _ r~ Q 7 0 ~ f~ ~~o~~s y,~,.~:~~,~:.! - _ ~ together with all and singular the tenements, heredifaments and appurrances therevnto belonging or in anyiite appertaining thereto, and nll rent:, issue~, procreds and profirs accr~ing and to accrue from said premises all of which are included in the above and !xegoing description and habendum. TO HAVE AND TO HOLD tho abova described and granted premises untc fhe said MORTGAGEE, itt succetsors and assigns forever. And the taid MORTGAGOR fo? heirs, execufors, administrato:t and atsigns, hereby covsnants with the said MORTGAGEE, it• successors and esfigns, that -j+-~~--~~-~'--- lawfully seized of the said premises in fee simple; that the same are free,. clear and dis:haryed from al) liens and encum- brances in law or in eqvity, and that the.~ will and their heir~ shall warran? and defend the fitle to the same to the ssid MORTGAGEE, ils successors and assigns, forevar against the tawful claims and demand~ of all persons; PQOV(DED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hercinbef~ore described and shall Iruly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stip~lations, agreeriients, conditioni and covenant~ of ~aid promissory note and of this Mortgage, then thit Mortgage and the Estate hereby created shall cease and bt nuli and void. !T IS UNDER5T000 that the word "Mortgagor" wherher in fhe singular or plural anywhere in this Mortgage, shaR be ~ingular if one only end shall be p)ulal joinfly arsd :everally if more than one, and that the word "their" as uted anywhere in thit Mortgage shall be tnken to meaR "hi~; "'hert" I or "its," wherever the co~tezt to implits or admits. Also, that wherevcr there ii a reference in the covenants and agreements herein contairttd to any of # the partiei hereto, the same shall be construed to mean es well as the heira, leqal rep~esenlatives, successort ard assigns (either volvntary by act of the partie~ or involuntary by operation of fhe law) of the seme and that the covena~tt herein contained shall bind end the benefits and advantagei inure to the respective heirs, legal representatives, iuccessors and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legat representatives, tuccestors and assigns, hereby jointly and severally cevenant and agrer to and with !he said MORTGAGEE, irs successori and assigns: 1. 7o pay all and tingular the prirxipal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thi• . mortgage, eath and every, premptly on the dayi respectively the same severally become d~e. t i 2. To pay all and ~ingvlar the taxei, assessments, le~ies, liabilitiet, obligations and encumb?ances of every nature and kind now an said dcscribed f property, or that hereafter may be impoted, iv{ftred, placed, levied, or auessed thereon, or that hereaffer may be levied or aisessed ~pon fhis Mortfl- - aga, or the indebtedness iECVred hereby, esch and every, when due and payab!e, according to law, be(ore they become delinquent, and before s~y intertat atftches or any penafty is inc~rred; AND INSOFAR AS AN THEREOF IS Of RKORD THE SAh{E SHAiL BF PROMPiIY SATISFIED AND DISCHARGED OF RECORD AND 7NE ORIGINAI OFfICIAI DOCUMENT (SUC~ A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER -OFFICIAILY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in tfie event that any thereof ii not paid, sat:sfitd and discharged sa:d MORTGAGEE may at any time pay the same or any par? thrreof without waiving or affecting any option, lien, equity or .iqht under or by virtue of this mortgage and the tull amovnt of each end every such payment ahall be immediately due and payab!t and ihall bear interest y Fram the dete thereof until paid at rate of ninc per centum per arsnum and together with iuch intereit shall be secured by Ihe lien of th:t morgtage. socx~3~ _ _