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HomeMy WebLinkAbout0746 t : ' : 188330 THIS INDENTURE, Mad~ th• 1Ztb d,~1 of Januasy ~p. 19 70 .~M~ Dean J. Hill and Kathezine C. Hill= his wife ~ St l.ucie ~ of • ~ Cou~ty florida, hareinaftsr desgnated as tM "MORTGAGOR;' and FIRST fEDERAI SAVINGS ANp IOAN ' ASSOCIATION OF FORT PIfRCE, • oorpaalion orp~~ized and exiiting u~der Ih~ laws of the Un~ted Stat~s of ~erit~ and Mvinp ib principal pl~q of i busi~s in 1M Gty of forf Piwc~, St. l~ci~ Cou~ty, floricts. hereir?~her dssiynated as ths "MQRi('zqCr~E.~ ~ WHEREAS th~ MORTGAGOR a j~sfly indebted ro the MORTGAGEE in 1he sum of = 7~ SW' , good and lawful mo~ey of the United ~ States sdvanced by the MORTGAGEE unto the MORTGAGOR, as evida~ced by a cer~ain promiuwy noto of even date hcrewith, of which ths followin~ in ~ wordi; nd fiyw~is a trw copy. towit: 16~ 146 = 7 5~. ~ January 12?''O Fort Pierce, Florida. 19 ~ For wtue ~eceived, 1, we w either of us, prom;se to pay, without defalcation, to the orde? of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OP FORT PIERCE al Fwf Piercs, Fbrida, the sum of ; 5~ • 00 w;th interest f~om date at the rete of 8• 0 ao pei aonum, in monthly instal{- ~ 63 00 15th April 70 ments u Iollows: f • on the day of , 19~- and a like sum on Ihe correspo~dinp day of each month ther~- after unfil the whole be fully paid. ~ Each installment first ~hall be applied in payment of the interest a~d then on the unpaid balance of the prinupsl aum. If defaull is made in the ~ payment of any inslallnxnt whsn due, and such default continues 30 days, then at the optio~ of the holder, and without any other ~otice, all the remaining ~natallments shall ba due and payable al once. Privilege is given to prepay this note in whate or in part at any t~me without penalty. Neither fwebearant~, ~ ~ nor stceptsnce by fhe holdet thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of ; 3.s 1~, sMll be ~ ~ added to eath installment remainirg unpaid 7 days aftec its due date, and • like sum shall be added to each :uch irtuallment remaining unpaid 7 days sitsr each succeeding paYrtxv+t date. \ Each maker, surety a~d endorxv hereof, jointly and ~everally, waives demand, prese~tme~t protesr and notice of protest fw nonpnyment, and further ~ agreea to any eztension of tirtie of paymenl, either before w after maturity, without notice to any of us; and to pay all msts of collectan, intludinp a ~ reasonabk attorney's ifa in the evenl of any defaLlt hereunder, and hereby severally waives all beneiit of homestead and exemptio~ under the constifufion ~ and laws of eatfi State of 1ha United States, as against this obligation or any.extension w rcnewal hereof. ~ y Witness the hand, ~nd seal of each party. \ /s/ Dean J. Hill • ~p ~ ~ (s~?U /s/ IGatherine C. Hi21 ~ ~ 11.25 ~ t ~ Stste Revenw ~ NOW, THEREFORE, the MORTGAGOR fw the purpox of tecuring payment of sa~d sum of S 7~'S~' ~ , and tM performance of the coven~nb ~nd agreements hereinafter expressed, and fw divers good and valwble contiderations, by thess presenfs, does g~sM, baryain, sell, remise, release, convey and confirm unto the MORTGAGEE, its s~cceuors and auigns, all that tertain ~oL p'~ece or parcel of land, situate, lying, snd beieg in ths ~~ry ~ St. L11C1@ and State of flor~d~, dexribed ~s fdbws: Lot 19, BloCk 73, RI1RR PARK S(JBDIVISION - UNIT TA. 9-B, as per plat thereof on file in Plat Book 14, pages 4~-A and 47-8, Public Records of St. Lucie County, Florida,~~ ~ ' . ~ _ _ ~ t W S'f~~ o~- ~ tj t-2 I 1~ A c~ ~ ODCUMEIVTAa~STbMP 1'dX ~ = J:.Ni~'?~ _`,'c` _ ast ~ U = ~ y RECENED IN PAYMIXT ~ TAXES 1{ 2 5~ DUE ON CtASS 'C INTANGIBLE PERSONAL PROPERiY, ~ N CWYtPTROLIER r _ PURS::A+Ii TO CFiAPtER 20724, ACTS OF 1611. P.B.19~ias CCG~R POiTRRS, Gerit tSrcuit Cou~t ~ as Agertt fot DANIEL N. KNOAMI~ 1R ~ St lucie County Tax ColleclQ[ ' ~ ~ `fo~c,~.c.L~ ~ DEPlJiY CI.EHX togetiwr with all snd singubr the tenements, heredifamenq and appurtances ti~ereunro belongirg or in ~nywise appertainirg therero, and ~II rerets, issua, ~ proceeds and profin accrving and to acuve from s~id premises, all of wii~ are uxludeJ in the sbove ~nd fwepoiop description ~nd h~bendwe. TO HAVE AND HQW the above described and 9ranted premises unto t!?~ said MORTGAGEE, its waessors and ~uiy~n forsvu. Md fh~ said ~K NWRTGAGOR for ~~elr hein, executors, adminiftretors and ~ssigns, hereby covenanri with the uid MORTGAGEE,%its waeswrs ~nd astipn, that lawfufly seaed of the wid premises in fee simPle: 1Mt the s~m~ sre free, ckar snd ditch+rQed fiom all Ilens and ~ brances in law or in eq~ity. ~nd tMt they wilf and thexr hein shall wuraM ind def*nd th~ title w th~ sam~ to tM s~id MORTGAGEF, iri s~ctes~ors u~d assiy~n, faever agairot the lawful clsims and dem~nds of all persons; PROYIDEO, AIWAYS that if th~ JNORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe d~scribed u~d shall trvly, pro~nptly and fully perfwm, di~rge, execute, complete, comply with and ab~de by each and every the stipubfions, agreemenb, tonditiau and town~nri of said promiswry nofe and of tiJs Mwtyige, then this Mo.tyage and the 6tate hereby aea~ed shall cease a~d be null and wid. IT !S UN~ERSTOOD tMt the word "Mwt9sgor" whether io the sin9ulsr a plwa! ~nywhc?e in this Mwtgage, ~hsll be sinpvlu if oM only and shall ba plural joiMly and s~verally if mote tMn one. ~~d that the wwd "tF?eir" as vsed anywi~e~e in this Mwtpape shatl be t~ken ro rrKan •'his,•• "h~n,° w"in,° wherever the oonteat so implies a sdmits. Abo, tF~at wherever there K a refe?erxe in the covenints u~d ayreements herein cont~u~ed to airy of the parties hereto, th~ s~rn~ ahsll be cantrued to mean as well ss the hein, ley+l r~presentatives, waesson ~nd usigra (eith~r voluntary by ~ct of tfr panies a involuntary by operstion of the law) of the same and that the tovenams i+erein tontaened shall bir~ and the benefiri aid advanbpq inu~~ fo tiw s~spsctive Min. Ipal representatives, svccessors and ass~gm of the psrties herero. Md said Mwtg+pors, fat themselves snd their heirs, legal representativa, successors snd ~sspns, hereby iointFy and ~evaally oover?sm and ap~~e to and with the said MORTGAGEE, ib s~ccsssas ~nd auig~s: 1. To p~y all and skgvlar ti~s principat ~nd imerest snd the wrious aod sundry wms of money payabls by virtue of aaid promissory noM, u~d tF~is mort~sye, ead~ and wKy, promptly on t!» days respettivcly the same sewrally become due. 2. To pay ~II u~d Wrgulu the taxes, assessn+enn, kvies, lisbilifies, obliystions u+d ~nc~mbc~nces of every nature u~d kind now on said daaib~d , ProperW, or that her~afta msy b~ impos~d, suffe~ed. P~+ted, levied, or sssessed thereon, or tha~ hsreahe~ may be kw7ed or auessed upon this Mat~ ; eQt, a tTw k+d~btedn~ss s~c~x~d Mreby, exh and wery, w1~en due ~?d payabl~, according to law, before they becorn~ delinquent, ud befon ury inta~t ~ atteches p any penahy b incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SATtSfIfD AND DfSCHARGEp OF ~ RECORD AND THE ORIGINAL OFF(CIAt ~OCUMENT (SUCH AS, FOR lNS1ANCF, THE TAX RfCE1PT OR THE SATISFACTION PMER OFFICIALLY ENOORSED OR CERTIFIED) SHALL BE PLACED IN THE HAN~S OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any tMreof is no1 ~ paid, sat'sfied and discharged uid MORTGAGEE may at any time pay the same w any part thereof withovt wtiving a affecti?~p ~ny option, lien, puiry p .iqF~t undsr a by vi»ut of tFw mortg~ye and the full amount of esch ~nd every wch payment sh~ll be imm~diately dve a~d payabl~ ~nd ~hall b~ar interat ~rqn the date thereof until psid +t rate of nine per centum per a~num and topether w~th suth imerest shall be secured by the tien of th:s morytapt. ~ BOOK 1~~ PAGE . / 44 ~ - . - _ ; : ~ , ~ ~ ~5*~~s~'~ ~~-~-~``~~^~s?~ r.~.~~ $'~b ~S , . . k .s ' ~ - ~ . ~