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HomeMy WebLinkAbout2704 t ~ 18`~'S~l ; THIS INOENTURE. Ntads the 26th day ot QecQTber ~ A.O. 19__(}~, bEt~esn Jaaes A. FoMler~ a sinale adult of $t. ~.11C1@ „ Counly FtaLda, hcre~nafter dzs~ynaied a~ the "MORTGAGOR,° and fIRST FEDERAI SAVINGS AND LOAN 1 ASSOCIATION Of fORT PIERCE, ~ co?porat~on organized and exis~inq under the laws of the Un~~cd S~atQS of Ame~ica and havirg iq principal plau oi ~ busin~u in tM City of Fwt Piac~, St. luca Co~nty, florida, h~reinafte~ desiynated as the "MORiGAGEE:' WHEREAS the MORTGAGOR +s justly indeb~ed !o ?hs MORTGAGEE in the sum of ; 5~.5~•~ , good and lawful mauy of the Un~ted States adwnced by ths MORTGAGEE unto the MORTGAGOR, as ev~danced by a certa+n promissory note of even date herewith, of wh~ch 1Fa followirp io word~ and fiyuns is a true coPY, to-wit: s 5. 500. 00 r,~,_ 16 ,119 fort Pierca, Florida, ~C@~@= 26 ~y 69 Fa v~lue received, 1, we o~ either of us, promise Io pay, witliout defalcat~on, to ~F~e o~der of FIRST FEDERA~ SAVING$ AND IOAN A550CIATION OF FORT VIERCE at Fort Pietce, Fbrida, the sum of S_____~~~.~~__ wi~h in~eresf frorn date at the rate ot~.2.~.°o pe? annum, in monthly instalb meNS as follows: = Sl on tha 1 Sthday of r' @blllal Y , 19 snd a like sum oo the corrospond~ng day of each moNh the~r after until Ihe whole be fully paid. Each instaliment lirst shall be app~~ed in paynsent oE the inte~est and then on rhe unpaid bnlance of the princ~pal sum. 1~ defaulf is made in the paymeot of any inytallment when due, and s~;h default continues 30 days, then at 11ir op~~on of the hoide~, and wi~hout any other notice, all 1F~e remaining inspUmMft shall be due and payabte et :mce. P~ivii~e is given to prepay this note in whole w in part at any time without penalty. Neither fwebearance, nor acteptarxe by the holder tF~ereof after any defauft in any payments heraon, shall be deemad exlension. A tate payment tharge of s Z• 55 shall b~ added fo each it~stallment remaining unpaid 7 days afler its due date, and a like sum shall be added to eact~ such installment remaining unpaid 7 days sfter each uxcrrdirg paym.ent date. Each make:, surety and ertdorser hereof, jointly and sev~ratly, wa~ves dr~nand, preser~t~rnnt prot~~st and not:ce of p~otest fo? nonpayment, and further agrees fo any extension of time of paymeM, eitF,rr b~~fore w after mawrity, without no~ke to ony of us; and to pay aU costs of co~lection, including • reasonable attorney's fee in the event of any deta~~t hereunoer, and hereb~ sevrra:ly w..~ves a!1 benefit of homeatead and eaemption under the eonstifufion and t~ws of each State of the Un7red States, as aga~nst rh;s obi~ga~ion w any exrension o~ renewal hereof, Witness the hand and seal of each parfy. ~ [s/ James A. Fowler, a sinale ~~lt (SEAu (SEAL) ( 8' 25 ) State Revenue ~u NOW, THFREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of S_ S~ S~s ~ and the performance of 1hs cove~?snri ~nd agretmenls hereina/ter expressed, and for divers gooc! and valuabie cons~derattons, by these presents, doea grant, bargain, setl, remix, rel~ase, aa?vey and w2 firm.u~n~to ihe MORTGAGEE, its successors and assigns, atl thaf certain lot, piece w parcei of land, situate, lying, and being in the ,i. LuCle Covnty of and State of Florida, desuibed es follows: Lot 22, Block 7, HARMpNY HEIGHTS ADDITION NO. 4, as per plat thereof recorded ia Plat Book 9, page 71, Public Records of St. tucie County, Rlorida,~ u,,, : 5~1 ~ t~~ ~ ~F L U~!~.1:~ Tp~~STAM__.-_? T X RE~En~Fn = w D O C U MEN ~y`,~ ,s~ r D U E ON CU f~ 'ti•"•E,'YT OF 7A J ~ . P~'ES~ki:; ~0 . ~C INTA;iG,ELE "E"S~,t1L F:~j?ERTY~ ~ OEC2969 = ~ ~ e r ~ .pT~., AC~S OF 2;.Ic4, o ~ M~ =s OG.-.. P017r:~::. C!erk lya1. ~ V CCMPTRO! lER > ~jCU't COUft N PB.190i38 =-`oR`° as Ager.t fot L'AF:f=t N. KNOWLES, JR . St Lucie Cou,,ty T~ ~r~~for ~ i ~Y ~ . ~ DEP~?n ~ toge?her with all and singular tF?e tenements, hereditamenrs and appurtances thereunto belwiging w in anywise apFertainirg thereto, ~nd ~11 renri, iswes, proceeds ~nd profits scu~ing and to acaue from said premises, all of which are intluded in the above a~+d faegoing destri~tion and h+bendwn. TO HAVE AkD TO HQID the above described and granted premises u~to the seid MORTGAGEE, its svttesswt and auigns fweve?. /4~d tlw Mld MORTGA R fQr bis heirs, 67cKUtpf, administrators and assigru, hercby covenantt with tFro said MORiGAGEE, ifs sutcessors and as~iprti, that ~e 1S - lawfully seized of the said~ premises in fee simple; that the same are tree, ckar and dischs~ged from ill liens tnd antw~r braocp in Iaw w in equity, and tF~st be will and bls he;rs shall warrant snd defend the titk to the same ro tM said MORTGAGEE, iri succeuors and aug~s, forever agairot the lawful claims and demands of atl persun; PROVIOED, AlWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promiuory nota hereinbefote dewibed and shal) fnrfy, promptly and fully perfwm, dischsrye, execute, cor»plete, comply with and aoide by each s~d every the uipulations, agreements, conditions and tovenants of said promissory nott and of this Mortgege, then thia Nkxtgage and the Estate hereby aeated shall cesse and be null and wid. IT IS UNDERSTOOQ that the wwd "Mwtgagw" whetker in the aingular w plu~al anywFxre in this Mortgsge, shall be sinpula~ if on~ only and ihall be plural jointly and severally if more than one, and that tFro wad "fFxir" as used anywhere i~ this Mortgage shall be takm fo mtan "hia," "h~rs;' or "itt;' wherever ti~e conte~e? so implies or admits. Also, that wFxrever there is a reference in ihe covenants and agreemenb herein tontaina! fo a~+y of th~ puties hereto, the same shall be construed to mesn as well as the heirs, legat representatives, successors and auigns (eithn wluntary by ~c1 of tM parties w involuntary by operstion of the law) of the same and thar the covenants herein contained shall bind and the benefiri s~d adv~ntayes irwr~ to tM respaetive hein, le~al rep~esentatives, successors and au~gns of the parties hereto. And ssid NLortgagors, fw themulvet and their heirs, kgal represeotatires, successors and assigos, hereby jointly and severally covenant and apree to and with fhe said MORTGAGEE, its successors and suigns: 1. To pay sll snd singular the principa! and interest a++d the variovs and sundry sums of money payabte by virtue of said promissory nott, snd this maty+ye, each snd wery, promptly on the days respecrively the same severally become due, i 2. To pay all and sirgvlar the taxes, ~ssessments, levies, liabititics, obliyations and entumlxarxes of every nawre and kind now on said dexribed ~ proparty. a th~t heresher may be imposetl, suffered, ptaced, tevied, or astessed tlxreon, a that hereafier may bs levied pr assessed upp~ thb MatQ. ~ age, w tM indebtedneu secwed hereby, each and every, wMn due and payable, accordinp to law, befwe they become delinquem, ar+d befwe ury. ima~st attaches w u~y pcnalry is inturred; AND INSOfAR AS ANY THEREOF IS Of RKORU THE SAME SHALL BE pROMPTtY SATtSF1ED AND DISCNARGfp Qf REGORO AMD THE ORIGltVAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC110N PAPER OFFICIAIIY ENDORSED OR CERTIFIEO) SHAII BE PLACE~ IN THE HANDS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; snd in the event thst ~ny the~eof is ~or paid, sN'sfied and diuharged sa'd MORiGAGEE may af any time pay the same or any ps~t thereof without wsivirg or affectinp ~ny option, lien, eqtiity or •~pht u+nder w by virtue of this mortgsge ~nd the full amount of each and every such payment shall be immediately dve and p~yabk ~nd shall bear inMrest ~rom the d~te thereof vntil paid st rate of nine per cent~m per annum and together w~th such interest sMll be secured by the tien of th:s mwyta~e. eooK Z81 ~cE2704 ; ~ . - _ ~ - _ ~ - . ~ _