HomeMy WebLinkAbout1170 186442 '
THIS INDENTURE, Mad~ the 25th day of l~ovember A.D. 19~`~. betweee?
t~'illia?m F. Sampson and Bonita G. Sampsor,}.~ his wife; Howard t,, ~am~p~.anrl _up~o~
D. Sampson. his wife and Emerson G. Sam~son and Iris 2_.__S~u1~n, his wife
of $ t• L~ i@ Counfy Florida, ht?einaftN designated ss the "MORTGAGOR;' ~nd FIRST FEOERAL SAVINGS AND LOAN ~
ASSOCIATION OF fORT PIERCE, ~ capa+tion wpsnised +nd ex~itiny ~nda tM lavin of tM United Sutos of Mwr_ic~ snd having its principal pl~c~ of
businea in ths City of Fwt Pisrce, St. luci~ County, Flwids, hereinsftK dt~iynat~d ~s tt+~ "MORTGAGEE."
WHEREAS 1M MORTGAGOR a ju~tly indebttd to tM MORTGAGEE in ti~e sum of = 18 +8~ good and lawiul money of the Un~ted
States advanced by the MORTGAGEE unro fhe MORTGAGOR, as evidenced by ~ cert+in promiuory note of even dafe herewitF?, of which the foltowinq in
wwds and figures is a tru~ copy, to-wit:
~ 18~8~~~ ~ 16,066
Fo,, P;e.n. Fia;d,, November 25 ~y 69
For value received, 1, we or eitfier of ~s, promise to pay, without def~lcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
~
FORT PIERCE at Fort Pierte, Fbrida, the sum of s 1S ~ SOO .~0 w;th interest from date at Ihe rate of8 • ~ ;6 per annum, in monthly install- ;
me~rs as follows: S l~ o~ ~he lSth d,y of Mareh ~9 7O and a like sum on the correspond~r+g day of each month there- ~
after until ~he whote be fully paid. ~
Each installment first thall be applied in psyment of the interest and tFK~ on the unpa~d balance of tF+e p~incipal sum. If defauh is made in the ~
payment of any installment when due, and such default continues 30 days, then at the opYwn of the holder, and wifhout sny o?her not~ce, all the remaining
installments shall be due and payabb at o~ce. Pr~vilege is yiven to prepay fhis ~ofe in whole or in part at any time without penaity. Neither faebearince,
nor acceptance by the holde~ thereof after s~y default in any payments hereon, shall be deemed extension. A late payment charge of i 7• 90 shall be ~
added to each installment ~emaining unpaid 7 days after ib dw d+ts, and • tike sum shall be added to each such installment ~tmaining unpaid 7 days after
each succeeding paYmem date.
Each maker, su~ety and endorser hereof, jointly and severally, waives demand, prexntment protest and notice of protesl for nonpayment, and furthet
agrees to any extensan of time of payment, either before a after msturity, without not~ce to any of us; and to pay all costs of collection, i~cluding a
reasonable attwney's fee in the event of any default hereu~dar, and hereby severally waives all benefit of homestead and exemption under the constitution
and laws of each State of the United States, a: against thi~ obligation w any extension w renewal hereof.
Witness the h~nd and seal of each party.
J's/ Emerson G. Sampson (Seal) /~1 ~villiam F SamRson ~nU ~
/s/ Bonita G. Sampson ~A~~
/s/ Iris T. Sampson ( Seal) /s Howard tv. Sam son ~U i
s He en D. Sampson ~ j
( 28 • 20 1 State Revenw
(Stsmps untelled on wiyinal note) ~
P~ Po~ ^9 WYm 1$ s 800 .0~ a~ the rformance of the ~
NOW, THEREfORE, the MORTGAGOR fw the r of secvri ent of said sum of s pe
covenants and agreemenq hereinafta expressed, and fw divers ~ood ~nd valuable coniideratio~s, by these presenri, does gra~t, bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and suigns, all that ce~taio lot, piece or pucel of land, situate, lying, and beirg in ihs
County of ~t . Lue ie and State of Florida, described ~s follows:
Lots 27 and 2t3, Block 73, LAKEtvOOD PARK SLi3DIVISION~
UNIT #7, as per plat thereof on file in Plat Book 11,
Page 13, of the Public Records of St. Lucie County,
Florida, ;
0
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i prr~~~..~ tQ~~- _ ~ QF T1.
' PA~'MF':T
t;,'- t:•, ~_i.~,C C I{,:q"{rcBlE %'E!'SCIi~`,L P~0°ERiY,
_ P~ .:~~=.',i iU ^t'APi=R ZJ7=:. PC:S Qf 19i1.
r t: r~c-, t~~-~.~~, c:~k c;~:~:t co~~
w ~I~~I _
~ Z DCCJMENTa~"; i nN~~ 3:`:t ~ ~ ~CWi~S, JR
J~=-- as k~e..t fat Ck~.l~L N. Kt.
> = DEC-~'69 ; ~ = St Lu~ie Cour. iax Co;i~ctor
~ V CG.`•'DTFOtIERF.~~~~ ~ ~ ~ B
N pR, ~~~;:8 y- DE!'UTY CLERK + #
~
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together witl~ all and sing~lar rh• ren~emenn, hereditamenri ~nd spp~rta~ce~ there~t~fo belpginp or in ~nywis~ appertaininy thereto, and all rents, isiues.
praeeds u~d profin sccruing and to accrue from said p~emisss, all of wFiKh are included in the above ~nd fae9oirg description and hsbendum.
TO HAVE AND TO HOLD the above described +nd 9wnted premises unto the said MORTGAGEE, its :~ccessors and ~uipro foreva. And the said
MORTGAGOR for theu hein, execvtors, sdministratws and auign~, l~ereby coven+nri with the si~d MORTGACaEE, in succeswrs and assipro,
~~t they are ~swfully u~zed of tl+e said premises in fe~ ~imple; th~t tM ~arrw u~ fre~, ck+r and disclur~ed from sll liens sod enc~m-
brances in law a in equity, and th~t they w~~~ their ~~n W~~rant u~d defend the title to the same to th~ said
MORTGAGEE, in svcceuors ~nd auiyns, forever ayainst the lawful cl~ims ~nd demands of all persons;
PROVIDED, ALWAYS that if tl+e MORTGAGOR sh+ll p~y unto the MORTGAGEE tF~t promiswsy note hereinbefwe deuribed and shall truly, promptly
and fully perfwm, dixharge, execute, compk~e, comply with arsd abide by each and every the stipulatiau, agreements, conditia~s •nd covenanri of said
promissory note and of this Morty+ge, then tha Mortgsye and tl~e Estste hereby aested shall ce~se and be null snd void.
IT IS UNDERSTOOD that the wwd "Maty+yor' whether in the si~pular or plur~l anywhere in this Mat~+p~, tiul) be sinyulu if ona only u+d
~all be plural jointly ~nd stvewlly if mwe tMn ont, and that the word "their' as wed ~nywhere in this Mortg~yt sMll be taken to mean "hp,•• ••hen••
a"irs;' wherever the context w implia a sdmits. Also, th~t wherever thae is a reference in tM covenants and sgrsemcnb herei~ oontained to ~ny of
the pa?ties hereto, the same ah+ll be conitrued to me~n as wsll as the hein, ley~l ~~lienf~tivH. waeuon and assipro (either vdvnt~ry by ~d of tM
p~rties or i~voluntary by operation of the faw) of :he same and that the covensnn h~rein cont~ined sh+ll bind and tl~e bcnefits and ~dv~ntaga inur~
to the respective hein, tegal representatives, wccessors and aa~yns of tM puties hereto.
Md said Mwtg~s, fa themselves and their hein, leyal represeM~tives, successors and ~ui~ns, hereby jointly and severafly covsnam snd ~pree ~
ro and wirh the ud MORtGAGEE, its iuccesso?s and +ssigru:
1. To pay ~II and sirgvlar tM principal snd interest ~nd tM various and wndty sums of rtaneY psY+ble by virtw of said promiisory note, and tha
morty~ye, each and ewry, promptly on ttN days respettively th~ sarm s~r~r~lly becoms d~e,
2. To pay all u~d sirgulx tM taxes, ass~surwn», leviss, liabilities, obiiyations and Mwmbranus of every n+ture a~d kind now on ~aid dexr~d
property, w that henaher may be impw~d, svfftrd, pl+ted. Iwi~d, a ~ssKSed ther~on, o? that h~re~frt? msy bt kv'~ed or a~sessed upon this Nlortp- ~
ape, w ttw ind~bt~dneu secvred hereby. ~ach u~d ~v~ry, whe~ dw and pay+bl~, xcordirg to law, befors they becane delinquent, snd before any G~tKest '
anaches a any penalty is i~cvrred; AND INSOFAR AS ANY THEREOf IS Of RKORD 7HE SAME SHAII 6E PROMPTLY SATISfIED AND DISCHARGED OF '
RKORD AND THE ORIGINAI OFFICIAI DOCUMEN? (SUCH A5, POR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAIIY ENDORSE~ ~
OR CERiIfIED) SHALL 6E PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the event that a~y thereof is ~ot ~
paid, sat'sfied and discharged said MORiGAGEE msy at sny time pay tF+e same w any part thereof without w+ivirg o~ affedinp a~y option, lien, equity or i
.iqht under w by virtue of this mortgsge +~d the full ~mou~t of each and ~very wch paymtnt shall be irtvncdiately dve and psyable a~d shall bear interest i`
~rom the date therwf vntil paid at rate of nine per tent~m pe~ +~nwn ard~osether with •~ch i~qt ~hall be secured by the lien of th:s mwstayt. ~
~ BOOK 1 1 PAGE116
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