Loading...
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 1 " 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 + # ~ 7{ i 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 = ~ ` : - - . ~ ~ _ _ . . . : _ . - . ~