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Home My WebLink About0699 , . . ~c~ - i.~iZl.1.<..~ry( Th15 INDENTURE, Mede the ~h dsy of ~ M~7 A.D. 19 v~ . betwcen Don E. Hut~hinson end Bettv C, Hutchinson, his wi_fe _ of Ssint L~~ County Florids, Fiereinafie? dssiQnat~d as fhe ~'MORTGAGrJR," and FIRST FEDERAI SAVINGS AND LOAN ASSOClATION OF fORT PIERCE, a corporetion oryanized and ex~~ting under the laws of the Unihed Statos of America end having it~ princ:pel place of bu~iness in the City of Furt Piarce, 5!. lucie Co~nty, Florida, hereinafter dafignated e~ th~ "MORTGAGEE." WHEREAS tM MORTGRGdR is justly indebted to the MORiGAGEE in the tum of 5~~~• , gnod nnd lawful mo~ey of the Un~ted States edvanced by the MORTGAGEE unto the MURTGAGOR, as evidenced by e certa~n promisswy nota of even date herewit~~, of which the following in words end fig~ret is a true copy, to-wit: No ~2 p~ V :~.?~o.oo rtav 28, ,9 Fort Pierce, Florida, For value received, I, we or either of us, promise to pray, wilhout defa!cation, to the order of FIRST FEDERAL SAYIN~$ AND IOAP! ASSOCIATION OF fORT PIERCE at forl Pierte, Fbrida, the sum of S~ 7 7 ~ r 0~ w;th interest from date at !he rate of~! ~/o per annum, in monthly inatall- ments aa fol!aws: 5 86 ~ 00 on thel th day qf JUl~.- , ~q 6~ and a like sum on the corresponding day of each month there- after until the whola be fu~ly paid. Each instailment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal fum. If default is made +n the pay~nent of any installment when due, ar~d such default continues 30 days, then at the option of the holder, and without any other notice, all the remain~ng installments shalt be due and payable at once. Privilege i~ given to prepay this note in who!e or in part af any time without penalty. Neither forebearance, nar acceptance by the holder thereof after any default in any payments hereon, shall be deemed e:tension. A late payment charge of 5 shall be added to eacn installment remaining ~npaid 7 days af!er its due slate, and e Iike sum shall be added to each :uch installment remaini+ig unpaid 7 days after each succeeding paymenr date. Each maker, surety and endorser hereof, jointly and severelly, waives demand, presentment ptotest end notice of protest for nonpayment, and further - agrees to any extension of time of payment, either before or after matu~ity, without no!ice to any of us; and to pay all costs of co!lection, includ~r.g e reasonable atiorney's fee in the event of a~y default hereunder, and hereby several!y waivas all benefit of hamestead and exemo?ion under the cGnstitution and laws of each State of the United States, as against this ~bligation or any extension or renewal hereof. Witness the hand and aeal of each party. a Don E. Hutchinsox~ (SEAI) ~ Bettv C. Hutchins~n ($EAL) _ (SEAI) (SEAL) ( Z 6 0~~ State Revenue (Stampi cancel~ed on origina! note) NdYd, 7HEREFORE, the MORTGAGbR for the purpose of securing payment of faid sum of 5~?-~~~~~a and ihe performance of 1he covenan!s and egreements hereinafter expressed, an~i for d~vers good end veluable considerotiona, by ihese presrnts, doea gront, barqain, sell, rem~se, releaae, convey and confirm unto the MORTGAGEE, its ~uccessors end assigns, all thet certain lat, piece or Parcel af land, situate, lying, end being in the County of int Luei e and State of Floride, described ss follows: Lc~ts 1 and 2, Block 2, MF.~LISSIA MFADOWS SURDIVISIOPl, as per ~nl~t thereof on file in Plat Book 9, na~e ?2, of the public records of St. L,~cie rounty, Florida, t- .p ~ ~ c r a?_ES ~ _ _ , ` . ~YrY. . c .,P : v:;~ < REC~iv~o s--`~,,y*° n - ~-~~i7a~, 4+ S fr4 ~~E a~ F~ U f ~ ~u: ~y c~ ~,~:-i{~,~•- Urs v ~ DOCL1ME1tiTA TAMP TAX pui;''.~~y1 _ ,~R `irc~ J~ ~ M12~'65~ Uw FOG F f f~T ~li h1. JAtiJ`-5 y r~^ O~ as A9ent ~ - tor ~ - ,~'i~ . . U X 1-- ~ : o~nty N COhlPTRCtLEA i ~ 51. ~~1e F!~. t4A 138 ~w~ pEpUTY C4ER1~ 6y togelher with all and singular the ?eneme~is, hereditamenti and appu~tance: thereunro belanginq or in e~ywise appertaining thereto, and all rents, issves, proceedi end profits attruing and to accrue from aaid premises, el~ of which are included in the above and foregoing dettription end habendum. TO HAVE AND ?O HOID the abave described and granted premite~ vnto the ssid MORTGAGEE, it• successort and aasigns forever. And the ssid MOidTGAfaOR for ~he~r_____ heira, exec~tars, administrarors and sasigns, he~eby tovenants with ths said MORTGAGEE, it~ succe:sors and euigns, that~~~--~'-8---- lawfully seized of the seid premites in fee simple; that the aame are free, ciear and diuharged from all lieni and encum- bronce• in faw or in equity, and that~~- will and thAj-Z~ heirs thall warrant b~d defend the title to the wme to the ssid MORTGAGEE, its successors and ass:gns, forever against the lawfu! cieims and demands of ~I! person~; PROVIDED, ALWAYS that if the MORTGAGOR ihall pay unto the MORTGAGEE the promisaory note hereinbefere descri6ed and shal: truly, Frompt;y and fully perform, distharge, execute, complete, tcmply with and ahide by each and every the stipulation~, agreemant~, conditions and tovenants o4 xaid pramssory note an~ of this Mortgage, thcn thi• Mortgage end the Estatc hereby created shalf CQiM end be null and void. IT IS UNpERSTOOD thet the word "Mortgagor" whether in the tingula. or piurol anywhere in thii Mortgaye, ahall be aingular if one only and shall be plurat jointly er.d severally if more than one, and that the word "their" a: used anYwhere in this M~rtgege ~hall ba taken to mean "his," "hers," o~ "its," wherever the context eo implies or edmits. Alw, that wherever there is a raf~-ante in the covenants and agreements herein contained to any ot she pe.ties hereto, the ~eme thall be construed to mesn as wel! as the heirs, legel representative~, ~ucsessors and assi9ns (either voluntery by ad of the parties or involuntery by operetion of the law) of the same and that the covenants h<rein contained thall bind an~ 4he benefits and edvante9ef inure to the respecrive heirs, legal reprexentarivei, succe:sors and aargn: of tha psrties hereto. And said Mortgagors, for themselves and their heirs, legsl representatives, succeowrs •~d auigns, hereby jointly and severolly covenant and agree ro and with the said MORTGAGEE, its svccessors and aisigns: 1. Ta pay all and ~ingular the pri~tipal and interese e~d the various and sundry sumx of money payable by virtue of seid promisscry note, and this :nortgaga, each and every, promptly on the days re9pectively the iame saver~lly becom~ due. 2. To pay a!I snd •ingular the taxes, aasessmarnts, ~evies, liabilities, oblig~tion~ and encumbrsnctt of every nature and kind now on ssid descr';bed properry, or that hereafrer may be imposed, wffered, plated, fevitd, or aaseiud thereon, or Ihat hereafter mey be levied ar asaessea vpon this Mortg- aga, ar the indebtedness secured hereby, ea<h end every, when due u+d payat~le, xcordiny to Isw, befwa they become delinquent, and before •ny interast attaches or any panslty is 9ncUrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGECI Of RECbRD ANO THE ORIGINAL OFFIGAL 60CUMENT (SUCH A5, POR IN$TANCE, TH@ TAX RECEIPT OR THE SATISPACTION PAVER OFFICIALLY ENDGitSEU OR CERTIFIEO) SHALL BE PLACED IN THE HANDS ~F SAlD MORT~'.AGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is n~t paid, sar"sf~ed and discharged sa'd MOR7GAGEE may at any time pey tFe same or any pa+t thereof without weiving or affetting any option, lian, equity or •iqht under or hy virtue of this martgage and the f~ll amount of each and every such payment ahall be immediately due and payable and shall bear interest ~rom vh? dare thereof ~ntil paid at rare of ntne pe~ cen+~m per annum and to9ether w~th such intarest sha~l be sec~red by the lien of rh's morgtage. BanK 119 9?