HomeMy WebLinkAbout1556 ~~~~a~~ ~ ~
iHIS lNDEN1URE, Mede the~L411 dsy of ' J anuary q.0. 14~i1" betwacn
- L__~_rp.y I.acnU ~a riari.l..yn.~ih, hiq wiPs-,--- _ _ `i
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af Sti . j,l~` 1~f'___~_ County floride, hereinafter deilgnatzd as tht "A!ORTGAGOR," and FiRST FEOERAt SAVINGS AND LOAN E
A$$OCfAT10N Of fORi PIfRCF, a corporation organlzed and ex:sting under Jhe laws of the Ur.ited S~aws of America and havinc~ its principal plets of °
~:~~~~-~s ~h~ ~i~Y c( Fcr! Q,erSe; St. lvc7e ('ni~nly, Flerida, hereinaher dtsipnated as the "h!ORTGAGEE." ~
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WNEREAS the MORiGAGOR is jw11y indrbttd to the MORTGAGEE in the sum of s~2.s ~Q_-" good and la•.vful money of the Un~ted
S~atas ad~•anced by Ihe h!ORTuAGfE unto the h10RiGAGQR, es evidenced by a cerfain promisfory note of eve+i date h:re,vith, of ~tih~ch the following in
wards and figures is a true copy, to-wit:
s 12~00~~~~ 1~1.3Q2
, ~o
Fort Piercr, Florida, JB,~I~~~~_~_~q_~
For val:.ie received, I, we or eilher oF us, promise to pay, without defalcation, to the order of FIRST FEDE3Al SAVItvGS AND LUAN ASSOUATION OF
FORi PIERCE at Fort Pierce, florida, the sum of 1? Q~~ . ~ L °i; per annum, in monthty instalt-
, C S ! with intLerLest flom da,e af the tafe af ~5J _
ments as fo~!aws: S- Q~ on iha ~1
th day of Mareh 19_S~V and a I~ke wm on the correspond~ng day of eath manih there-
aker unfil the whole be fu!!y paid. i
Eath instati,r.ent first shall 6e applied in payment of tha inhrest and thrn o~ the unpaid balance of the pr~nc~pal sum. If default is made in iha
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payment of any installment when d~e, and such defaulf cominves 30 days, then at the option of the holder, and ~vithout any o~her notic~, aft the remai~ing ~
installments shall be due and payab!e at onte. Privilege is given to p~epay this note in ivhole er in part at.any t~me wilhout penrlty. 'Neithet forabearance, 3
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nor acceptance by the holder thereof after any default in any payments hereon, shall Lx deemed exle~sion. A lete payment charge of S~•.- , shall be }
added to each initatlment ~emaining unpaid 7 days after its dua date, and a like sum shall 6e added !o eath such installment remaining unpaid 7 days after >
each succeeding paymem date. }
Each makcr, surety and endorser hereof, joinlly and severally, waives demand, presentment p~otesf and notice of protrsf for nonpayment, and further ~
agrees to any exlension of ~ime of payrnent, either before or atter maturity, witho~t nolite to any of us; and to pay all tosts of collection, includin~ a i
reasonable attorney's fee in the event of any default hereunder, and hereby severally waives atl benefit of homestead and exemption under ine constitution
and Inws of each Srate of the United States, as against this obligation or any extension ar renewal hereof.
Witness the hand and sea! of each pany. ~
~f Leroy L mb (SEAI)
Mar,il~ n L.amh (SFAL) ~
tS~At)
C____s ~ 8 n~ ) $tite Revenue (SEAt) ;
(Stamps cencelled on originat nate) . ;
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NOW, THEREFORE, the MORTGAGOR for the purpose of securing peyment of said sum of s 1~ ~ . Q~ , and the performenca of ths •
covenants and agreements hereinafter ezpressed, and for divers good and valuable con~ideretions, by these presenfs, dces granf, bargain, sell, remise,
retease, convey end confirm vnto ths MORTGAGFE, it~ sv:tessors end a~~igns, ell that certain lot, pieca or parce) of land, sitvate, lying, and being in the
Covnty of S. T, lni p , end State of Florida, de~cribrd as followt: ~
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4
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Lot 6, of Block B, GORTEZ ESTATES, a subdivision according to the plat 4
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thereof recarded in Plat Book 11, at page 18, of the public records of St.
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- Lucie County, Florida,~~ ~
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^ 1?7 PAYM=~ ~ROPERTfY -
RECEit''~ ~ ; ~ .;;7A?r'G~9LE YERSO~F ~ -
DUEON .~iER207~:.RCT`.Cc 17A1.
PURSItA"!T':;' rk CiCC~il C"~urt !
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Sf.lM~ie _ ~ nt7~,{~MEtVT~1~~,STH;~'rP~~'~ a
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DEP9~1 C1.5RK ~ v ~ 66 ~"ti':.;~'`--~ ~
~Y ~ N co~+~~rr.ct ~I~' ~
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p~ cEn J B ~ ~
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together with all and singvlar the tenements, hereditaments and appurtences therevnto belortgirtg or in any:iise appertaining thereto, and all rents, issuet, ''s
prxeeds and profits attruing and 1o accrue from said premises all of which are intluded in the above and foregoing description and habend~m. ~
TO HAVE AND TO HOLD the above described and granted premises unto fhe said MORTGAGEE, its successori and astigns forever. And the sai~
MORTGAGOR for ~~j-Y'--- hairs, exetutora, adminiitrotors and atsigns, hereby covenants with the said MORTGAGfE, itt suscessori and astiyn~,
that --~he~v--A---r-~-- lawfully seized of the taid premiiet in fee simple; that the same ere free,. clear and discharged from all Ifen: end enc~rtr
brances in law or in rquity, and that~.4.3L- will and th~ 3 r heir~ shall warrant and defend the title to ~he same to 1he wid
MORTGAGEE, it• succe:sors and assigns, forever egainst the lawfut tlaimt and demands of all persons; ~
PROViDE~, ALWAYS thai if the :iORiGAGOA ahall ray untu !ha MOR7GAGFE the promi~sery not~ hereinbefore described and ihall truly, promptly
and f~fly perform, discharge, execute, complote, comply with and abide by each snd every the stipulations, egreernents, conditions and covenants of •aid ;
promis3ory note and of this M.ortgage, then this Mortgige and the Estate hereby created shali cc~se and be null and voiA. ~
IT IS Ut+tDERSTOOD that the word "Morfgagor" whether in the ~ingutar ~r pturel anywhere in this Mortgage, ~hall be singular if one only and ~
~hall be plvtal jointly and severally if more than one, and that the word "lheir" as uied anywhare in thi~ Mortgage shall be taken to mea~ "his;' "hers;' ~
or "irs;' wherever the context so implies w admits. Also, that wherever there is a refere~ce in the covenants and agreement• herein containsd to any oi i
the pa~Hes hereto, the sama ~hati be construed to meen a• weN at the heirt, legal r+presentateve~, suttesso~s and aisigns (either voluntary by act of the
partie~ or involuntary by operation of tha law) of the same and that the covenanti herein contsinsd :hall bind and tha benefiti and advantage• in~n
to the respective heirs, leg+l representative~, fvcceiiori and ast?gni of the parties hereto.
And ~aid Mortgeyon, for themselves and their hein, legat representativei, succeisors and a:signt, hereby jointly and severally tovenant and •yree
to and with tfy~ ~aid MORTGAGFE, its sutcessors and auigns:
1. To pay all snd sinpular the prirxipal and intereil and the various end sundry sums of money payable by vinue of said promiswry note, and thii
mortgage, each •~d e~ery, promptly an the days re~pettively ihe isme severally betome due. ~
2. To pay all •nd ~ingular the taxes, asiessmants, levle:, liabilitiet, obligationt and encvmbrance• of every nature and kind ~ow on taid described ~
property, or ihat hereafter may ba imposed, ~uffered, placed, lrvird, or auetsed thereon, ot that htreafter msy be Ixvied or assesied vpon tfiis Mort
age, u tM indebtedn~tt ucvred hertby, each and :very, when due and payabte, accordiny to law, beiore they becoma del~~quent, and before any intere~? ~
attache~ w any pe~alty is incvrrcd; AND INSOFAR AS ANC THEREQF i5 Of RKORD THE SAME SHaLL BE PROMPiIY SATlSFlED AND DlSCHARGED OF
RECORD APID 7HE ORlG1NA1 OFFICIAI ~OCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER •OFfICIAILY ENDORSEO ~
OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS tVEXT AFTER PAYMENT; and in the eveni that any thereof is not ~
paid, sat"sfied and discharged eaid MORTGAGEE msy a~ any time pay the same vr any part fhereof withovt wsiving or affectiny any option, lien, eq~ity or
+ighr under ot by virt~e of this mortgage and the fvll amo~nt of each and every such paymcnt sha11 be immediately due and payable and shall bear interest ~
From the date thereof until paid at rate of nine per centum per an~um atr~d ~og t r with sucF? interest sha(t be secured by the lien of th:s mor~fage.
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