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HomeMy WebLinkAbout016818121'7 THIS INDENTURE. Made the 26th day of •Ju1Y A.D. 19 69... between Helen B. Li tree , 8 sinale adult of St • Luci@ County Florida, hereinafter deslgnated as tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOUATION OF FORT PIERCE, a corporation organised and existing under tM tors of tM United States of Amerka and having Ns ptirsdpal place of business in the City of Fort Piero, St. facie County. Florida, fsertinafia designated as the "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted ro the MORTGAGEE in tM sum of = 19.100.00 ,good and lawful money of the United States advanced by the MORTGAGEE unto tM MORTGAGOR, as evidenced by a grain promissory note of even date herewith, of which the following in words and figures is a trw copy, to-wit: = 19.100.00 ~ 15.848 Fort Piorw, Fhxida, Ju1V 26. )9~_ for valor received, I, ors a either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the wm of = 19 X100.00 with interest from date at the rate of 7.75010 per annum, rn monthly instal4 menu as follows: i 157 ~~ on the 5th ~y of NOVeaber_ _ Iq 69 and a like sum on the correspondirsg day of each month there- after until the whole be fully paid. Each irotallment fiat shall be applied in payment of the interest and then on the unpaid balance of the principal wm. tf default h made in tlse payment of any installment when dw, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining installments sMll be dw and payable a! once. Privilege is given to prepay this rate in whole or in part at any time without penalty. Neither forebearance, nor acceptance by the hokfer thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of 3 7.85 shall be added to each installment remaining unpaid 7 days after its dw date, and a like sum shall be added to each such installment remaining unpaid ~ days after each suctieedirg payment date. Each maker, sorely and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fa nonpayment, and further agrees ro any extension of time of payment, either before a after matwity, without notice to any of us; and to pay all costs of cdlection, including • reasonable attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under tM coastitWion and laws of each State of the United States, as against this obligation or any extension a renewal hereof. Witness the hand and seal of each party. t: / Ha 1 an R _ Lf Qh~Le a (SEAq single adult csEAU ~ 528.65 )State Revenw (Stamps arscelled on original note) NOW, THEREFORE, the MORTGAGOR for the purpose of securirsp payment of said sum of Sys l~• ~ and tM performance of tM covenants and agreements hereinafter expressed, and for diver good and vahuble eonsideraYans, by these present, does grant, bargain, sell, remise, release, convey and confirm unto tlse MORTGAGEE, its waessors and assigns, all that certain lot, piep a parcel of land, sitwte, lying, and being in the County of St. Lucie , .rd State of Florida, described as fellows: Lots 5 and 6, Block 1, COTTAGB Pt1RIC, a subdivision as per plat thereof on file in Plat Book 9, Page 30, Public Records of St. Lucie County, Florida, ~ f 3 ' ~ IN p~ ~ pROPER~ RECEIYEQ G{BtE ~~~ +,}o QN CLAO DER 20124. 19aL F`'..sJ~~T Clerk Cirlu+t Court j:nG_F pOlZP•11S, c KPIOWLESr as Age"•t tot DANj~ ~pecta SL Lucie Co dam/ ~ D~ CLERK By ~ oocu~~n~r~±p~.s~E~r•,P in~.t !-- ~ _ `-'ter' -,~ 2 ~ 6 5 N U OOIAPTRt~LLER ~~_444 - together with all and singular the tenements, hereditaments and appsrrtances thaewsto belonging or in anywise appertainirsg thereto, and all rents, issues. proceeds and profits acuuing and to acaw from said premises, all of which are included in the above and foregoing description end habsrsdunt. TO HAVE AND TO HOW the above desvibed and granted premises unto tlse said MORTGAGEE, its wtxxssors and assigns forever. Mel tfse saW MORTGAGOR for he>< heir, executors, administrator and assigro, hereby covenan» with the aid MORTGAGEE, fb ur0cessor and assigns. that she is lawfully seized of the aid promises in fee simple; tMt the same an free, clear and dischargd fran all Ikro and encuro- trances in law or in equity, and tha* She will and her heirs shall warrant and defend the title ro the same ro the aid MORTGAGEE, its successor and auigro, forever against the lawful claims and demands of all persom; PROVIDED, ALWAYS that if the MORTGAGOR shall p.y unto the MORTGAGEE the promiuory note hereinbefore des«ibed and shell truly, promptly and fully perform, discharge, execute, complete, comply with and abide by oath and every the stipulatioru, agreements, oonditiom and cover-ants of said promissory note and of this Mortgage, then this Mortgage _srd the Estate hereby aeatsd shall cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in rise singular or plural anywhere in the Mortgage, shall be singular if one only and shell be plural jointy and averally if more than one, and that the word "their" es used anywhere in this Mortgage shall be taken ro mean 'Th," "hen," a "its;' wherever tM context so implies or admits. Also, tMt wherever there is a reference in the cownann end agreemerNS herein eontoirned ro any of the parties hereto, the sanw shall be coratrued ro mean es well es Ilse heir, legal representatives, ssxcesson and assgns (either voluntary by act of the parties or involuntary by operation of the law) of the same and tMt the covenants herein contained shall tinsel and the benefits and advantages inure to the respective heir, legal representatives, wccessors and ass~gna of the panics hereto. And aid Mortgagors, for themahns and their )sair, legal rep-essntatives, successes and sssigro, hereby jointly and severally oovenarst and agree to and with tlse aid MORTGAGEE, its wuessors and assigro: 1. To pay all and sirgvler the principal and interest and the various and wndry sums of money payable by virtue of aid promissory noN, and thfs mortgage, ends and every, promptly on rise days respectively tM same severally bscorne dw. 2. To pay all and srnsgvlar tlse taxes, assessments, levies. liabilities, obligatioro and encumbrances of awry nature and kLsd now on aid desu~ed property, a tMt hereafter may be imposed, suffered, placed. levied, a asassed thereon, a that hereafter may be levied or asassed upon this Mortg• age, a tM indebtedness seewod hereby, each and every, when due and payable, aoco-dinp ro law, before they become delisgssent, end before any Msterest attadses or any psnahy is incurrtd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE 5/1AI1E SHALL flE PROMPTLY SATISFIED ANp OISCHARGEO OF RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHAH flE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT] and in tM event that any thereof is nor paid, at'sfietl and discharged a:d MORTGAGEE may at any time pay tf+e same or any part thereof without waiving a affecting am option, lien, equity ar .I~ht under or by virtw of this mortgage and rise full amount of oath and very such payment dull be immediately dw and payable and shall boar interest from the date thnsof until paid at rate of nine pa «ntum pa annum and together with such interest shall be secured by tM lien of this morgtage. a~179 ~~ ~. ~.~ ~ - __