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HomeMy WebLinkAbout0891181`75`7 THIS INDENTURE. Made tlrs 5th day of A114t18t - A.D. T9 69 _ between Charles Barber and Murell Barrber his wife, and Fratxilci n A. Harris and Valerie V, Harris, his wife, of St • Lucie ,County florida, hereinaftw designated as tl+e "MORTGAGOR." and FIRST FEDERAL SAVINGS ANp LOAN ASSOCIATION OF FORT PIERCE, a corporation orpanizsd and existing under tM levn of tlra Urdtsef States of America and havin0 ib Principal Plan of busittaas M thi Gty of Fort Pura, St. lucle Cow+ty, Forida. hereiewhe- dtsipnatad a• tM "MORTGAGEE.° WHEREAS tM MORTGAGOR is juaty irrdebtad to tlta MORTGAGEE in tl,a sum oft 7~ 600.00 good and lawful mw,.y of tM United States advanced by tM MORTGAGEE unto the MORTGAGOR. as evidaeKtd by a certain promissory note of even data herewith, of which tM following M wads and figures se a trw copy, town: Wo 15,861 = 7.600.00 Foy Pinta, ~~a~ August 5, 1969 For valor received, 1, we 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, fbrida, the sum of = T a 600.00 with interest from date at the rate ofZ.2:296 par annum, in monthly intall- menu as follows: S 72 •~ on the Sth day of nrtohtar 19StL. end a lilu sum on the correapading day of ead- month th.re- ti. after until the whop be fully paid. ~ Each imtallment first sMll be applied in payment of the interest and then on the unpaid balance of the principal sum. If dafauh is made in the payment of any instillment when dw, and such default tontinws 30 days, then at the option of the holder, and without any other notice, all tM remaining instilMrwtfs shall be dw and payable at once. Privilege is given to prepay this mote in whole or in pert at any Years without penalty. Neither forebearanca, - ~ nor acceptance by the holder thereof aher any default in any payments hereon, shall be deemed extension. A late payment charge of S 3.60 shall ba .. added ro each Instillment remaining unpaid 7 days after its dw date, and a like sum shall be added ro each such instillment remaining unpaid 7 days after each suepadieg payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notwa of protest for nonpayment, and further agrees ro any extension of Yrne of payment, either before or after maturity, without rwYrce to any of us; and to pay all costs of collection, including a reasonable attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the corutitution r and laws of cacti State of tM United States, as against this obligation a any extension a renewal hereof. Witness the hard and seal of each party. S/ Charles Barber ~Aq S/ Murell Barber (SEAU S/ Franklin A. Harris IsEAU S/ Valerie V. Harris ~ r $11.40 ~ State Rsverwa (Stamps cancelled on original note) NOW, THEREFORE, the MORTGAGOR for the purpose of secwirg payment of said suers of S '7,6()().~ .and tM Perfo^nan°e of tM covenants and agreements hereinafter expressed, and for divers good and vatwble conide.ations, by theses presents, does grant, bargain, sell, remise, release, convey and confirm unro tM MORTGAGEE, its successors and assigns, all that certain lot,- pieces a parcel of lard, sitwte, lying, and being in tlta C~~, ~ Ste Lucie ,and State of Florida, described as follows: Lot 6, Block 4, SOUTHERN PINBS SUBDIVISION, according to the plat thereof on file in Plat Book 9, page 68, Public Records of St. Lucie County, Florida,' _ t~eSLi~ S 1~1 ~ c~ r-L_Jn ~, tit 7~~: S ~ A..P W ~ ~ Z D DOCUMEIVT~~-=,~~ -----1-_ 12'69 `.~ • -mo 's TQ - = Allt, `` ({ ~ s . o N v :: ceti+PTac! tea ~, nF ~ --------'"__' ~-, Dl~_ 140138 . =-is"' Zo R:C~!YED >~ ~S .. _ IN PAY:!~ttT r!F TtU(E$ D'IE ON C[ASS 'C IKTANG'B!E °E'tS: ft~l PAC?EZiY, PLC:S::A.YT TO CkAPTiR 2J723, ACPS ~F lyl. ROG"R F'CI ~ RhS, Clerk Circl:;t Coact as Agent fol G;,RI~L N. Yt+rCIYLfS, 1R St Lucie w:ty Taz Collector DEPUIY CLERK together with al! and singular tlw terwnrents, hereditamems and appurtances thereumo bebrgieg or in anywise appertainkrp thereto, and alt rams„ iseuw proceeds and profits aaruirg and to aexxw from said prarnaes, all of which are induded h tM above and forsgoerg description and habandunt. TO HAVE AND TO HOLD tM above described and granted premises unto the said MORTGAGEE, its wccessors and assigns forever. And the Bald MORTGAGOR for their heirs, executors, admirintrarors and assgns, hereby covenants wkh the said MORTGAGEE, its woasson and asaigrts, that theY~e lawfully seized of the said premises in fees simpler that the scene are free. clea- and discharged from all liana and srtcurrr br,rtc.s ~ I.w or ~ ~„~y, if1d tl,a, then will and their heir shall warram and defend 1M titles b the carne to tM aaW MORTGAGEE, its successors and assigns. forever againt the lawful claims and demands of all personr PROVIDED, ALWAYS that if cite MORTGAGOR shall pay unto tM MORTGAGEE tM promissory note hereinbefore described and shall truly, promptly and fully perform. discharge, executes, complete, comply with and abide ~Y each and every tM stipuletion, agreements, condition and covenants of said promissory note and of this Mortgage, then this Mortgage and tM Estate hereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Mrxtgagor" wMther in the singular or plural anywMre b this Mortgage, shall be singular ff one only and shall be phtral jointly and severally if more than one, and that the word "tMh" as used anywhere in this Mortgage shell be taken ro mean "hb.° "tier's." a "its," wherever tM context so implies or admits. Also, that wherever there is a reference in the covenants end agresenanp herein oomairesd b any of tF» parties hsre% the scene slwll be construed to mean as well as the heir, legal representathres, successors and assign (either vahemary by ad of the parties a involuntary by operation of the law) of tlw seine and that the covenants herein containd shall bind and tM benefiri and advamages irwre to tM -espauive heirs, legal representatives, srecce»ors and ass~gru of the parties Issreta And saW Mortpapon, for themselves and their heirs„ Ipal repressntateves, successors and assigns, Irreby jointly and severally oovenm and spree ro and with the wid MORTGAGEE, its successors and assign: . 1. To py au and singular the principal and interest and the varian and sundry sums of money payable by victor of said promissory note, and this mortgage. arch and awry, promptly on the days rapactiwly the same sewraNy become dw. Z. TO pay a8 and singular the taxes, nsesserrsrtts, levles, liabilities, obligation and encurnbrantas of every ntwe and kind now an said described property, a that hereafter may be Mttpowd, suffered, plated, levied, a assessed thereon, or that hereafter may be levied a assessed upon thN Mortg• age, a cite Mtdabtedrteas secured tiereby, sadt and awry, wlwn dw and paYsble, aooordLg ro law, before they bacane delirrgteerN, and before any itterest attacMs a any penalty b incwred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL !>«f PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY EI~ORSED OR CERTIFIED) SNAIL SE PLACED tN THE HANDS Of SAID MORTGAGEE WITHIN TEN GAYS NEXT AFTER PAYMENT; and in the events that any thereof is not paid, satisfied and dacharged said MORTGAGEE may at any time pay the same a ae-y Part them ~ immediately dw and able shall bear ht~irat .ipM undM a by victor of this mortgage and the full amount of earl and every such paynnen WY t.om tM date thereof until paid at rate of nine per centum per a and t~j' with such i(te~est shall be secwed by the lien of this morgtage. BOOK 1~~7 PACE 8~7t1