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HomeMy WebLinkAbout2595.. V r - 183000 THIS INDENTURE. Made tl» 9th ~ ~ September - A.o. 19 60 - between Gerald B. Yeitter and Patricia a. Yeitter, his Mil a of St • LL1Cie .County Florida, hareirtafw desgnaad a tM `MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FART PIERCE. a ootpotation organized and existing under the lawn of lltt UniNd States of Ameria and havMtg Ns P-incipal place of business in tl,a City of Fort Pierce, St. lttcie Count', FkxkiaA, hartY,eftet deelgtutNd as tM °MORTGAGEE." WHEREAS the MORTGAGOR it justly k,debted b the MORTGAGEE fn tl,a sum of >) 5 a 5~ • ~ .good and lawful money of tM United Stage advarwed by the MORTGAGEE unto the MORTGAGOR, as wkfenad by a oertajn pton,issory testa of awn da» herewith, of whkh the following in 5 5~00~00 ~` a true copy. to-wh: ~ ~ ~„~ 15,931 Fore Ps.ro~ ~~ Septe>itber 9 ` T9 69 Far vahte reahnd 1, wt or either of ut, promise a pay, without defakaNon, to tM order of FIRST FEDERAL SAVINGS AND.LOAN ASSgC1AT10N OF FORT PIERCE at Fort Pica. Florida, tM sum of S S a r • ~ -with intsnst froth dot. at tM tea of ~-% par ~t~m+tt4 in ~aonthly irutall- t„•r,a „ ~~; ~ 53.00 a, ~ 5th ~y ~ November 19 69 std + like sum on the carespotid;ng day of each trtoptl, rlwte- after until the whole be fully paid. Ead, intalkrtertt first shall be applwd in payment of tM interest and then on the unpaid balance of the principal sum. If defwh is made in the payment of ar-y installment when des, and such defwh contirwtas 30 days. then at the option of tl,t holder. and without any otMt notice. all 1M ranair,ing instailrrtena shall be due and paysble at awe. Privilege k grant a prepay this Mote in whole or in part at any time without penahy. NeNMr forebearana, nor aouptartoe by the holder thereof after any defwh in any peymena hereon, shall be deemed extension. A late payment dharge of 265 shall be added a esch intalitrtertt rernairtir,g unpaid 7 days after is des date, and a tike sum shall be added a each such intalkrtert remaining uttpsid 7 days after each succeeding payment date. Each maker. surety and erdorar hereof. jointly and severally, waives demand, presentment protest and notice of protsst for r,onpaymsnt, std further agrees a any extertsior, d time of payment, either before or after maturNy, without notice to any of w; and a pay all Cosa of collection, irwludirq a reasonable attorney's fee in the event of any defwh hneundet, and hereby severally waives all benefit of homestead and exemption under the corutitution and laws of each State of tM United States. as against this oblgation or ,try exteraion or renewal hereof. Witness tM hand and seal of each party. /s/ Gerald B. Yeitter ~q ISEAU s Patricia A. Yeitter IsEAU ~-u aaonooooo ~~ppppt ~ ~c~e~ac~a0t~w~seac NOW. THEREFORE, the MORTGAGOR fa the purpose of seourirtg payment of ssid sum of i Ss ~~ •~ ,and tM performance of the covenana and agreemena hereinafter expressed and fa divers good and valuable eonsidetattorr, by these presents. does grant, bargain, sell, remise, release, convey and eonfinn urea the MORTGAGEE, is a,roassors and assigrw all tMt atrtaln lot, piece or parcel of land, situate, lying. and beYg in the ~~, ~ St. Lucie ,and Stab of Florida, descried a idlowe: Lot 1, Block 4, FORT PIERCB HIG~IIANDS, t1PJIT ONB, as per plat thereof on file in Plat Book 10, Page 29, of the Public Records of St. Lucie County, Florida, IN PR`(k1EN P(0 ERf~ PEI;SC~' D~f ~ CLASS C~ R X124, 1uC~ Ort- `T941. C,eili Cjrcult COU P11rS a~'= To ~ LCG-C mil, t.AS, ~IpWEES, 1R as pgw.t tot CAtt1EL N• I Cow ~ jax Collects St. Lucie ~ DF~N together with all and singular tM ferwmena, henditamerNS and appurtanas tl,ne,rtta belotgitq or in anywise appertaining therdo, and ail rents, bares, proceeds and profits aooaving and a ,caw from said prtmbes, all of whidt an irwhtded in the above and foregoittp deeaiption and Itabendura TO HAVE AND iiO yOLD tM above described and grained premba unto the saW MORTGAGEE, its sttooessots and assign forever. And the aid MORTGAGOR for their Mi<s, executa~ admiidshators and assigns, hereby aovenaMS with the said MORTGAGEE, its wexasots and aaigne, that they are lawfully seized of the aid.ptemiMS in fee sitnpb+: that the Berne an free, clear and dbchetged from all liens and ertetro- Ixanon ~ law or ~ +4tdM, and tl„* t heY will and their heirs shall warrant and defend tM title a tM same a the aid MORTGAGEE, la woassars and assign, forever agaMtst the lawful daMn and dematds of all petsonst PROVIDED. ALWAYS that if the MORTGAGOR shell pay unto the MORTGAGEE tM promissory torte Mreinbefon dasaibed and shall holy, pranptly and fully perform, ~dtatgt. exewtt, canplstt, comply with and chide by each and every the stipulation, agretrrtertls, cortditiora and aover,ana of said promissory trots and of this Mortgage, then this Morgagt and the Estate hereby ratsad shall asst and bt null and void. R m UNDERSTOOD that tM ward "Aiiottgagor" whatMr in the sirtpulsr or phKal anywl,en in this Morgage, shall bt singular if one only and shall be plural jointly and severally If more than or,e, and tlHt the wad `their" as wed aftywfMr! in this Mortgage shell be taken a mean "Ilb," "Mrs," or "fa," wherever tM oomext a implies or admits. Also, that wherever then b • refererta in tM cownana and agranttna herein cotNaM,ed a any of tM parties hereto, tM same shell be oaatrutd a mesh a will as tM heks, Leger npresentatiws, atoassots and astigrts (either voluntary by act of tM posies or ktvoiwttary by operatbn of tM IanrsuooesorsM ~i~ o~tM artaheteto.henin contaknd shall bind and tM benefits and advantages inure to tM respective heir, legal nptesarttetiws, And Bard Morpepors, for tMrnelva end tfteir he4s, lapel npresemathres, wooessors std assign, hereby jointy and severally wvenart and agree ro and with tM aid MORTGAGEE, its awawors and assign: i. To pay aU and singular tM prirwipal and ktteraet and the varbw and sundry sums of morwy payable by vkhte of aid promissory note. end this ntortgept, each and every, promptly on tM days tupettiwly 1M came sewraUy beoon+t dot. Z To pay aN std singular 11,t testae, aeeatnertts, Iwiae, liabilities, obiigetiotts and enoumbtanoa of every nsttttt and kind now on said described property, or thN henafNr may bt MsPoetd. wffared, Placed, levied. or asseaed therwtt, or that hereafter may bt levied a aaseaaed upon this Morsg• age, or tltt ktdebtedrtees seared hstaby, tech and every, when des and payable, aooordkg a law, btfon they beoant dtlingwm, and before arty MMerest attaches or any penahy b intstrredt AND INSOFAR AS ANY THEREOF m OF RECORD THE SAME SHALL >m PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFKIAL DOCUMENT ISUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFKIALIY ENDORSED OR CERTIFIED) SHALL dE PlACEO IN THE HAN06 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMFNTt and in tM evaru that any thereof b test paid, at:afied and discharged aid MORTGAGEE may at any tirrtt pay tM sartte or any part thereof without waiving or affecting arty option, lien. equity a right under or by virtw of this mortgage and tM full amount of each and every such paynteM sMll bt immediately due and payable and shall bear interest t.om the date thereof until paid at rate of nine per eant,en per anrwnn t with such interest sMll be secured by tM lien of this morgtagt. e~ ~ ~9 ~~E25 93 . _ _ _ -