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HomeMy WebLinkAbout0720 1~2~~3~ THIS INOENTURE, N4d~ ths 29 th d,y o f Apr i 1 , A.D. iv ~n ~+wee~ ~~~3win S. C~shwell and Patricia C3si3tiv~;11, hi~ ~vife of St • LUC lt' Cp~nty Flaida, herein~ftK desig~ated as tM "MORTGAGOR;' and FIRST FEOERAL SAVINGS AND LOAN ASSOCIA?ION OF fORT PIERCE, a corporation uyanized u+d exiitinp under IM laws ~f ths Unit~d St~t~s of Americ~ ~nd Mving its prir~cipa) plxs of business tn rM Gity of fon Pia.c~, St. Luci~ County, Fbrida, hereir?aftsr d~iip~ated a~ tM "MORTGACaEE:' WNEREAS Iht MORTGAGOR is juttly indebt~d w ths MORTGAGEE i~ the sum of j 9 a000.~fl good and lawivl money Qf the Un~ted S~ates advanced by the MORTGAGEE unto the MORTGAGpR, as evidenced by s csrtain {xomiuory r~te of even date herewith, of wh~ch rhe follow'~n~ Fn words and figures is a trw copy, to-wit: = 9, 000 .00 . ~6, 289 ' . ~ For't PIKC~. Fior~da, Apt i 1 24 19 ?O ~ For valve received, I, we w either of us, prom~se to pay, without defalcation, to 1he order of FIRST FEDERAI SAV~NGS AND IOAN ASSOCIATION OF q fORT PIERCE at Fort Pierce, Florids, the sum of s 9~00~•~ with interes~ from date ~t the rats of8 •7S 96 pe? annum, in monthfy instatl- ments as follows: Z~•~ on the lsth day of J~t-' 19 7O and a like sum on the carespondinp day of erth mont:~ therr after until the ~vhote be fully paid. Each insta~iment first shall be applied in payment of the i~terest and then o~ the unpaid balance of the principal sum. If default is made in the payment of any inatallment when due, and svch default continues 30 days, then at the optron of the ho~der, and without any other notice, all the renwining insfallments shall be due a~d payable at once, Privifega is given fo prepay this ~ote in whole or in part at any tima without penalty. Neithe~ faebesrance, nor accepta~ce by tke holde? thereof after any default in any payments hereon, ahall be deemed exte~aion. A late payment chsrge oi . shall be added to each installment remain~ng unpaid 7 days after its due dalt, and a like sum shall be added to each auch installment remaining unpaid 7 days aftrr each succeeding payment date. Esch maker, surety and endoner I+ereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and funFxr agrees to any eztensio~ of t~me of payment, either before a after maturity, without ~otice to any of us; and to pay all costs of collection, includ~n9 a reasonable attorney's fce in the evertf of any default ixreunder, and hereby severatly waives all benefit of homestead and exempfion under the constitution a~ laws of each Srate of ?he United Slates, as agai~st thif obligatio~ or any extensia? w renewal hereof. Wit~esa the hand and seal of each party. /s/ Cdwin S . Cashue2l ~AU - cs~?U s ~atricia Cash~ell ~u ~ 13. SO ~ State Revenw ~U -tsr.rnpr e~Ned v~+ eriyMs~-~,oter NOW, 1HEREFORE, ~he MORTGAGOR fw the purpose of secvring p~yment of sa~d sum of t 9 ~ n~ . and the perfo?mance of the covenants and agreements he?einafter eYpiesud, and fa divers good and valuabte co~tideratioro, by these prexnts, does yrant, ba?yain, setl, remiu, release, conrey and confirm ~nto the MORTGAGEE, ib successors and auigns, all fhat certain bt, piece or putel of land, situate, (ying, a~d beinp in the Coonty of S t• L uc ie and State of Fbrid~, described a followi: Lots I8 anci 19, Block 11, PARADiS3 PARK SUE3DIVISION~ as pe r plat ther eof on file in Plat Book 8, Page 17, 1 of the public zecor3s of St. Lucie County, Rlorida,? ~~~~~i ~ 1 ~ % t ~`~~h'Q '~ii ?~~ti..~' . y. - = ` ~i ~ Iti PAYME~7 Of TAXES ~j,(F~ - 1~ :~~!'fl s •C• {tiSAfiGIQIE PE+~SCiiAI PR7PER(Y, r1~~. -:?~y. C'•E C'i CL.1° 9?i-R 2~)~'. A~iS `JF 1941. ~ ~ ~T1~~ ~,._:._.i::i C: ~~Ci ,``10. ~~'r?'~ ~r.U-n ~1'"LS. ~iE:K ~,;LL'tt ~OJi~ Q/ Q~ ~=l w,r, ~ ~ 7' ~ p Qy~~,g % ._i c1. K~~:,11LES~ 1R ~v ~,L ~ 1P 3g Go~?~oc,. c.t iL~:ie :,cu Y1 T2:. Cc;lcct:?r ~ oJ t ~l~ , _ D~n ~K togeti~er w;th all ind singular tfie tenemsnb, hereditamenta and ~ppurtances thereunto belorgi~ w in anywis~ appert~ining thereto, and all r~nb, issws. proceeds and profia sccr~ing ~nd ta sccrue from ssid p~erniis~, sIl of which u~ included L? the abov~ and fors9oirg description ~nd habendum. TO HAVE AND Tp F~?lD the sbow desuibed and yr+nted premius umo tM said NfORTGAGEf, iq svccessors ~nd auiym forewr. Md tF~ aatd NWRTGAGOR for thelr ezecuton, admi~istntors and assigns, hercby covenanp with the said MORTGAGEE, its successo•s and ~aiy% that ~ ar~ IawfuNy seized of ths ~s+d premi~es in fes simple; that fM iarrw are fr~, clear and discharyed from ~II liens and ~ncvm~ brances in law or in equity, and that thev will and their hein sh+ll warrant and d~fend ths title to ihe a~rrw fo th~ said MORTGAGEE, ib tucceuws artd auigns, fwever sysinst the lawful claims and demands of sll perspu; PROVIDED, ALWAYS thst if the MORTGAGOR fhall pay unto the MORTGAGEE tM promiuory note herei~betore destribed u~d sMil truly, promptiy and fully perfwm, discharge, exea~te, complets, comply wirh and abide by exh and every the stipulstions, ayreemenri, co~ditia~s ~nd covenan» of said prom~ssory nae ~nd of this Nbnyage, then thw Mwtgs~e and the Esute hereby nested sh~ll ceas~ and be null ~nd wid. IT IS UNDERSTOOD th~t the word "Mwtgagor" whetlu~ in the sinqutar w plwal ~nywhere in this Mwf~ap~, alull b~ siny~lu H one only ~nd e thsll bs ptursl jointly and severalty if more thsn orN. ~nd tlut the word "thei~" a~ u~~d ~nywhere in fhis Mwlpape shall be ?aken to mean "lus,•• •'hen,'• w"its;' whereve~ the context so implies a sdmits. Also, that wherever there ia a reference in tlw covenants and preemenn hnein oontair~l to any of the p+rtia hereto, tFN ssme thall be c«utrued to me~~ ~s well at the hein, kya( r~present+tivar, wcceuon ~nd auiyiu (either voluntary by ~ct of tM parries a involuntary by operatia? of t!u law) of ~he aame a~d thst the covenann heroin cont~in~d shall bind and rhe benefin and .dvanra~es inw• to the respectivs hein, le~~l representatives, successors snd au~yns of the psrY~es herero. And ~id Mortg~gcxs, for tF~emselves and their hein, leyal repreKnt~tives, succeswrs ~nd suiynf, fwrsby jointly and ~verally coven~nt and s~rse to and with the said NtORTGAGEE, irs :ucceasora ~nd auign~: 1. To pay ~1) and sinpular ths princip~l u~d interest and 1h~ vsriovs ~nd sundry wms of morny p+Yable by virtue of said promiiwry not~, and this mortp~e, esch ~nd ~ve~Y, promptly on tl+e d+ys respectiv~ly th~ sam~ s~v~r~lly becpn~ due. 2. To p+y ~II uid sirgvl~? the tsxes, asses~ments, lev'~es, liabilities, obliyatwns ~nd K+cumb~ances ef svery n~tvre and kir+d r?ow on said d~ib~d property, or thst heresfrer m~y be impo~sd, wffersd, placed, levied, a iss~ssed tF~ereon, a tMt hereaft~r m~y bs levied a asscued upon this Mat~- ~ye, w the indebtedness ~ecured bereby, e~ch and wery, when dw ~nd payabl~, aawdinp ro law, before they become delinqusnt, and befon ~ny b+tnat attaches or s~y penalty is inc~rred; AND INSOFAR AS ANY THEREOF t5 OF RKORD THE SAME Sl~WI! bf PROJNATLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER QFFICIALIY ENDORSED OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst ~ny thereof is nor paid, sat'sfied and discherged :a:d MORTGAGEE may it any time pay the same or any psrf thereof without w~;vinp w affectirg any optan, liet~, equity p •iQht under or by virtue of this mortgsge snd the full smount of e~ch and every suth payrrKnt shall be immediately d~re end payable and shsll bear interest hom the date the~eof until pai~! at rate of nine per centum per a~num and toyether with tuch i~terpt shall be ~ec~? b lien of tb:s morytaQe, Ba~K~~~ PA~~ . ~ ~ ~ = ~ . . -