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HomeMy WebLinkAbout2980 - :189~~~~ THIS lNDFN7URE, Mada ths 14th d~y of F'ebruary , A.D. 19 7O b~M~ee? Bvelyn Sheff~eld, A Wido~ of St~Ll1Ci@ County Flor~da, hereinafte~ deagnated as the "MORTGAGOR." and FIRST ~EDERAI SAVINGS AND IOAN ASSOCIATION Of FORf PIERCE, a corpwafion w9aniud and exisring u~drr rhe ~aws of the Un~ted Stata~ of Amerits snd havinQ its pricxipal place of buainsss in th~ City of Fott Pitrce, St. lacia County, flor'da, here~natrer desiynated as th~ "MORTGAGfE:' ' ~ WHEREAS the MORTGAGOR is j~stly i~de6ted to 1ha MORTGAGEE in the sum of S 6~0~~~ good and lawfu{ money of the United , Srate~ idvanced by the MORTGAGEE unro the MOFiGAGOR, as evidenc_d by a certa~n proniissory note of even date herew~lb, of whJch the fdbwinp in j wwds and figure~ is s trus copy, towit: ti ~ 6~000.00 I6~195 co~~ P~~«e, Florida, February 14 19 70 _ Fpr valye_rectiv_ed, 1, we w eithe~ of ~s, promise to pay, without dafalcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCiATtpN OF . _ _ - - - _ . _ - - - - FORT PIERCE at Fort Pierce, Fbrida, the sum of j 6~~_ ~ - • • _ w~~h interest from dare at the rate of~~ 5~lo pe~ annum, m monlhly instalt ments as follows: = 75 on t~sth day of ~ M~YC Il 19-~Q_ and a like sum on the correspond;ng day of each month fhere- afte~ uNil the wAole be fully paid. Eath instaliment firat shall be appl:ed m payment of Ihe interest and ihen on the unpaid balance of the princ~pal sum. If default is rtwde in 1he payment of ~ny insta~lment when due, and such defaul~ cont~nues 30 days, then at tfie option of the holder, and wi:hout any othtr notice, a!1 the remainFng instaNments shall be due and payable af once. Vriviiege is given to prepay lhis note in whole or in part at any t+me without penalty. Neither faebearance, nor acteptance by the holder thereof after any default in any payments hereon, shalt be dzerr.ed extension. A Iste payment charge of S3'75 , shall bs added to each ins~aliment remaini~ unpa~d 7 days after its d:x date, and a like sum shall be addad to each such inatallme~t remaining uapaid 7 days after each succetding paymenf date. Eath makea, surety and endorser hereof, jointly and severaiiy, waives de~nand, presentment protest and notice of p~otest for nonpayment, and furthn agr~ fo any extension of fime of payment, either befo~e or after matu~~ty, without notice ~o any oi us; and to pay all costs of collection, inetud~ng a reasonabk aftorney's fee in the evenf oF any default hertunder, and hereby severally waives a!I henefit of homessaad and exemption under the tonstitution and laws of each State of tne United States, as against this obli9ation or any extension or rertewal hereof. Witness the hand and seal of each parry. /s/ elyn Sheffield, ~Eai~ A widow ~U (s~wU ( 9 t State Revenue «u (Starnps rancelled oer origk~eF-ne~e) NOW, THEREFORE, tf?e MORTGAGOR for the purpose of securi~g payment of said sum of S 6~~~•~ , and the performance of the covenanb aod agreements hereinafter expressed, and fw divers good and valuable considerations, by these pre:ents, dces grant, barflain, se11, remixe, relcase, convey and confirm unto the h10RTGAGEE, its successors and ass:gns, all that certain lot, piece or parcet of tar.d, situate, lying, a~d being in the County of $t. Lueie , and Stnte of fbrida, desuibed ea fallows: i i The West 60 feet of the East 195 feet of Lot 8, ~ of MpRqVILLA GARDENS SUBDIVISION, UNIT #l, as oF per plat thereaf on fi2e in Plat Book 6 at ~ qoQ~' . 4~,~P~, Page 55, of the the Public Records of St. Lucie a~ `e~Q~ Cou~ty, Florida,? • ~ CA ~Qt? ~A'~ J~ . Q.~•R ~t~~ ~~tj,S. . . - G~ G~ G\e~ ~ ~ot _ W .`.~'i l~ ! t ~E i- ~ ls f U~t11 F- ~t~' t~'~' ~~e ~ F.y'.. DOCUM,E~iTEr~~S i~AMP i k`~ R~ ` 0 ~0~ t~~ 0``~~ ~ Z = _„~p r~. - ~ ~ = FE6! ~ ?7 ~ ~ = ~e ~O~ N V CON?TROLLER ~ O o- F~.1~4i33 _~cA` ' - , ~ together with all and sirgular the tenements, F~ereditamems and appunances thereunto belonging or in anywise •ppertaining tF~erefo, and ~II re~ts, issws, proceeds and prof~ts acuuing and to accrue from s~id premises, ail of which are irxluded in the sbove and foregarg desuiption and habend~m. TO HAVE ANQ TO HOlO the above described.and granred premises unto ~he said MORTGAGEE, ;b s~?ccesson and aug~s fwever. Md tFw s~W MORTGAGOR fw he1 hein, executors, ad+hinistrarors and assigns, hereby covensnts with the said MORTGAGEE, it~ successoh and assiQrq, that -~he kwfully uized of the sa;d premises in tee simple; that tF~e same ue free, dear and discharged from ~II liens and sntv~ bra»ces in law w in equity, and that She w;ll and her hein shall wsrrant and defend the title to the sam~ to tM said MORTGAGEE, its successors snd assigns, forever against the lawful claims and demands of all persons; , PROVIDED, AIWAYS that if tMe MORTGAGOR shall pay unto the MORTGAGEE tM promissory rate hereinbefore described u~d shall trvly, promptly artd fully perfpm, d~scharge, execute, complete, comply with and ab~de by each and every tlx atipvletio~s, sgreements, conditions and covenanb of sad promisswy note snd of this Mortgage, then thi~ Mortgsge and the Estare hereby created shsll ceax and be null and void. IT IS UNDERSTOOD that the wwd "Mortgagw" whether in the s~ngular w plurol anywhere in this Mortgsge, shaTf be sirgvlar if one anly ~nd shak be plvral 'pintly and ~everally if more than one, and that the word "~heir" a: used anywhere in th~s AAwtgage shall be taken to me~~ "h4;' "hers," or "its;' wherever the context w implies or admits. Also, that wherever there is a reference in the covenanh and agreeme~ts herein contiu~sd to a~ry of the panies hereto, the same shal! be co~strued to mean as well as the heirs, Iegaf representativd, sucussors and auigrn (either voluntuy by ~q of th~ parties a involuntary by operation of the law) of the same and that the co+enants herein contained shall bi~d and the benefits ~nd adva~tagp Frwr~ to the respective heirs, kga! representatives, succe:sors and ass~gns of the parties hereto. And said Mortgagors, for Ihemxlves and their heirs, legal represeMatives, successors and suignt, hereby joinNy ared uvera!!y tovenant and ag~~e to and witb the said MORTGAGEE, its successors and assigns: 1. To psy all and singulsr the principal and interest and the vario~s and tundry wms of money payable by virtve of said p?omissory note, and this mortyaqe, each and every, promptly o~ the days reapectively the iame uverally become due. ~ 2. To pay sll and singular the texes, assessments, tevies, liabilities, obtgafions and encumbrances of every nature and kind now on uid desvlb~d pioperty, or that hereafter rrNy be imposed, wffered, plsced, levied, a assessed thercon, ot that hereaftet may ba kvied w~sseued trpon this Mort¢ age, or tFw indebtedness secured hereby, esch and every, when dve a~d payable, accwdiny ro law, before they become delinqvent, and 6efore any interqt attaches w arry penatty is incurred; AND IMSOfAR AS ANY TNEREOF IS OF RKORD THE SAMk SHAII 'BE PROMPTLY SATISFIED AND DISCMARGEp QF RKORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX kECE1PT OR THE SATISFACTION PAPER OFfICIAIIY ENOORSED OR CERTIfIED) SHAIL BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN ItR: 'vAYS NfXT AFTER PAYMFNI; and in the eve~t ihat any thereof is no1 paid, sat'sfied and dixharged sa:d MORTGAGEE may at any time psy the same or any put i;.t•eo! without waiving or affecting ~ny opYron, lien, eq~ity or ~~qht under or by virtue of this mortgage and the full amount of each and every such payment shali be immediately due a~d payabk and shall beat interat ~.om the date thereof until ps~d ar rate of n~ree per centum pe? annum a t d iucb i ~,y 1 be secured by the lien of th:s morytaye. 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