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HomeMy WebLinkAbout2182 . i. ~ ~ • C~~~,~ 3:', t ?HIS INDENIURE, Made the__~1,Q~_r'• day of ~~~~$t'~,~- ,/1.D. 1S__~_, beivfeen j~.. ~ ~T~Y:n A. ~Ittc-•r~~ns ~ncl KAthr~~n H. .Ht~~~Pits._ri~ t~rife _ ' of S t. I~Zl C~$ , County Florida, he~einafla~ designa~ed as the "MORTGAGOR." and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation organixed and existing vnder ihe laws of Iha Uniled Slatas of America and havinfl it~ principal piace of businass in thq City of fort Pierte, St. lutie County, florida, hereinafte~ des~grated a~ ths "MORIGAGEE." WHEREAS Ihe h10RTGAGOR is justly indebted to tha MQRTGAGEE in the svm ol S x~.s-~nn good and lewful money uf the Un~ted ~ Stares advancad by Ma MORiGAGEE unto Ihs h10RTGAGOR, as avid~nced by a terta~n promiuory ~otr of e~en date I~erewiih, of which the foltowing in . words and uret ii e trua copy, ro-wit: 1 : 1~'. ~o~~ , o0 13. 3?0 ~o , fort Pierce, Ftorida, FE'_~' ~ ' 1Q 1q~LS:_ For value received, I, we o~ either of vs, promise to pay, witt~out defetcat;on, to !he orde~ of F1RST FEDERAI SAVINGS AND IOAN ASSOCIA710N OF FORf PIERCE af Fort Pierce, Florida, the sum af 1~' , QO ~v;th inrcrast irom date at the rate of ~~??,o per annum, in monihly inslal!- menis as fot?o~vs: S_~~3 • Q~___ on Ihel [th day of ~i~ rsh ~q~ 3nd a like sum on ~he corresponding day of each month lhere- after unlil Ihe whole be fully paid. ' Each i~stallment firat shall be applied in payment of the interesf and then on the unpaid balance of the principal sum. If default is made in iha payment of any installment when due, and such defautt continves 30 daye, then at the option o! tf~e holder, and without any other notice, all 1he remaining instaUments shall be due and payable a1 once. Privilege is given to prepay this note in whole or in part at any time without penalty. •Neither forebearonce, nor acceptance by tha holder Ihereu( after any default in any payment~ hereon, shall be daemed exte,~sicn. A late payment charge of S~' shall br added lo ezch installment remaini~g unpaid 7 days after its due date, and a tike sum shal( be added fo each such in:taNment ~emainin~ vnpaid 7 dnys after each wcceeding payment date. i fach maker, svrety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpaymenl, and further agrees to any extension of time oF payment, either be{ore er after maturity, withaut notite to any of us; and to pay atl costs of coflection, includ~ng a reasonable attorncy'a fee in Ihr event of any default hereunder, and htreby seve~ally waives ali benefit of homestead and exemption under the tnnftitution and laws of each State of the United States, as aga+nst this obligation or any eztens~on or renewal hereof. Witness the hand and seal of each party. ~ a/ Ja?~rn A. N~:~*a j n s (3EAtj ~ g Ka~~~rrr, Ht?p~'ir;e' ~s€r~J ~ : ;SFAI) ( ? ~ . 2 ~ ) State Revenue (SEAL) (Stampi cantelled on original note) NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of taid sum of s 1~.~~~ . n~ , and the ptrformence of the covanants and agreements heteinafter expressed, and for divers good and valvable consideretion~, by these presents, does grant, bargain, sell, remise, ; release, convey and tonfirm unto t~e MORTGAGEE, itt wcceswrs and assignt, all that certa?n lot, piece or parcel of land, situate, lying, and being in the ~ Counry of S t, T:1 ~ c~ i[~ and State of Florida, desaibed et follow:: ~ ~ i Lc tQ 1, 3~ I~ ~ 5 and F ~f' Bl~ck 16 of I~AWNWOOD ADDTT70N, as z~er ~lat # _ ~ ( thereof on file in Plat Book st na~e ~6, of the Pl~bl~c RPCOrd4 of ~ St. ;,ucie Countv, Flor~_f3a, ~i' y +M~~j ¢0~~~~~ . / ~ ~ ~l~ ~gp f~`9 1. ~ G~~~t ~G~S ~ ' `~t A1t20~ 14. ` Go~qt~ ~ yt;V ~ g G ~,pSE~ G\t~ ~ 5 I A I~ ~F R~~ti°~~ ~ t~~.'' k`. ~~~5 ~ t-• L U(-t ! U A ~a5 ~~5 , u~ OOCUMENTAp~ STaMP TAX p G~` ,c ~.G°>>~ c~-~ ~ Z _ ~te y. - ~Q ~ ~O ~ } ~ o _ F E 8 1 5~ 6 a 2.~~~_~.q~^ _ Q~ p o g" ~ o'~N t ~i ~ ~ ~ ^ 2 3~ 5= S~•`~`~ COMPTROLIER~\~ _ _ PEj. 1?p134 \~p~},.. - . _ ~ ~ ~ ~ 7 ~ ~ 0 ' , ~ together with all and singular ihe tenemrnts, heiedltament: and appur~ances thereunto belo~ging or in anywise appertaining thereto, and all rentt, Issue~, proceeds and profits asuuing and to accrue from said premises all of which ete included in the above and foregoir~g description r~d habendvm. . TO HAVE AND TO HOLD the above described and granted premi:es unto ~he said MORTGAGEE, its successort and assig~s farever. And Ihe sald MORTGAGOR for ----~~P~-1~---- heirs, executors, adminislrotors and assign~, !~ereby covenanti with ihe ~eid MORTGAGEf, iti succaiso~s and ~uiyn~, that -~hE-~,,*--8-rE-- lawfully seized of the said premises in fee •imple; that ihe same are free,. clear and di~charged from afl lieni and encum- brances in law or 9n equity, and that th~ will and ~hP i r heJr+ ahall warrant end defend the title ro the ~ema to tha taid MORTGAGEE, ib succeuors and assigns, fotever egainst the lawfvl claimf and demands of all persons; PROYIDED, ALWAYS that if the MORTGAGOR thall pay unto the MORTGAGEE the promissoty note hereinbefore desuibed and thall truly, promptly and f~lly pErform, discharge, execvte, complete, comply with and abide by each and every the ~t(puiatior~s, agreerfients, candition: artd covenar~.*i of said ~ promissory note and of this Morigage, then thi~ Mortgage and fhe Eslste hereby aeated shall cesie and be null and void. ~ IT i5 UNDfRSTCOD that the wo~d "Mwtgagor" whether in the singular or plura! anywhere In thi~ Mortgage, sh~ll be •ingular if one only and ~ f ~hall be plu~al joi~tly and ~everally if more than one, and that the word "their" as u:ed anywhare in thi~ Mortgage shall ba taken to mean "his" "hers;' or "it~;' wherever the context to implies or admiti. At~o, lhat wherever thera fs a reference in tha covananti and agreements herein contained to any of ~ the pa+fte~ hareto, the isme shall be tonstr~ed to mean as well •s the hein, legal representaiive~, succsssws and aisipns (either vol~ntsry by act of tht partiei or involvntary by operation of the law) of ths same and that the covenanl~ hErein contained ahall bind and the btnefit: and advanraqe~ tnur~ to the reiprctive heirs, tegal representativet, wcceswrs and a~uyns of tlu parties hereto. ~ And ~aid Mortgagor~, for them:elvcs and their heirs, legs! representetives, ivccessora snd at~igns, hereby (otntly and severally covenant and ~yree ~ to and with tt~p siid MORTGAGEE, iti s~ccestori and a~iiyna: t 1. To pay all and sin9ular the prirxipal and interest a~d the var'wus a~d svndry svmt of money payable by virtue of ~aid promissory note, ~nd tFit i mortgepe, each and every, promptly tFe daya resprctivety the •ame :ev~rally brcoma dva. k ~ 2. To pay a(I and ~inguler the fexcs, asieKmentr, teviet, liabilitisi, obliyations end tntumb?~ncts of every nature and kind now on •aid deuribed property, or lhat htresftsr msy bs imposed, tuffered, plsttd, levied, a sussscd thereon, or that hereafter may be ~evied w assaued ~pon thts Nlott~- ags, or tM Inc~sbtedr~eu setured herrby, sach and tvery, whan due ~nd.psyable, accordiny to taw, befort thay become detlnquent, and befwe sny Inieresf attachet w any penalty it inc~rred; AND fMSOFAR AS AN THEREpF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCNARGED OF REGORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUG~ AS, FOR INSTANCE, THE TAX .RECEIPT OR THE SATISfACTION PAPER ~OfFtCfALCY ENDORSEO ~ OR CERTIFIED) SHAII BE PIACED IN THE lIANDS OF SA(D MORTGAGEE WITHIN TEN DAYS NfXT RFTER PAYMENT; and in 1he event tfiat any thereof is not 3 paid, tat'sfied and diuharqed ssid MARIGAGEE may at any time psy the tame or any part thereof withovt w+iving or affectin9 any option, lien, equiry or ~ .laht under or by virtve of this mortgage and the futl amount of each ~nd every i~ch payment ehall be immediafety due and payable snd shall bear in~ere~t ~ (rom the d~te thereof vniil paid at r~te of nine per cenrvm per a~num and rogathsr w~th svch intsreit ~hall be ~ec~red by the IEen of th:s mor9tayt. ` l ~Q~K138 37~