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HomeMy WebLinkAbout0003 2C0425 ~ THIS I~VD.NTURE, Mads ~he 29th day of OCtOb@Y A.D. 19 7O , a:nwNn Donald W. March and Blizabeth L. Mar~,.,,his wife, of St • LuCi@ Covnty Florida, here~nafter dcsynattd as the •"Mp1C1GA('jOR,J' a ilRSI FEDFRAL SAVINGS AND tOAN ASSOClATION OF FORT PIERCE, a corporotion wpanized and ex~sting unde~ ~M laws of the Un~t~d S~at~~ jqf~~ic~ and Mvinp ib principal pi~c~ of bu s i~ a s s in t l» Ci t y o f F o r t PiK CS, S t. luci~ Cou~ t y, f lo~ i d a, h ue~na he~ d esiyna~ ~ d a~ t M " M O R T G A G E E." WHERE/15 fhs MORTGAGOR a jvstly indebted to the MORTGAGEE in the sum of 8• 0~• good and lawfu! money of the United State~ advanted by the MORiGAGEE unlo t1~e MORTGAGOR, as evidcntzd by a certain promissory note oi ~evsn date herewilh, of wh~ch the iollowinp in words snd fiyvrq is a trw copY, to-wit: - f 8 , 000. 00 . ~ ' • ~5-16 .603 F„~ P;«~e. F~«;a~, dctober 29. ~y 70 fw va~~e received, 1, we w either of us, pror,~;se to pay, without defalcat~on, to the order of FIRST FEDERAI SAVINGS AND LQAN ASSOCIATION OF fORT PIERCf at Fwt Pierce, Florida, the sum of S 8-s~~z~ wrth inee~e:t lram date at the rate of8 • 75 96 per a~n~m, io moMhly install- ments as iollows: .s lOl tOO ~~tie iSttl d,,, of _ Decenber ,~9 ~0 and a lik~ sum on the carespond~nQ day of each ma?th therr after uNil the whole be fwly paid. Each instaUment first shall be applied in payment of the interest and then on the unpa;d batance of the printipat sum. If default is made in fhe payment of any installment when due, and such defauh continues 30 days, then at the option ot the holde?, a~d withovt any other notice, all the remainioy ~natallmenls shall be due and payable at once. Privilege is given to prepay this oote in whole ar in part at any time without penalty. Neither forebear~nce, nor atceptante by the holder thereof after any default in any paymen~s hereo~, shal~ be deemed extensien. A late payment charge of S 5! -.....05 sMll be added to each inatallment remaining unpaid 7 days after ib due date, and s tike sum ihall be addrd to each such ins!allment remaining uopaid 7 days after each sucteedi~g payment date. Each make~, surety and endorser hereof, jointly and severaliy, waives demand, presentment protest and ~otice of protest for no~payrt+enL a~d fvAhet ag~ees fo any extension of time of payment, either before w afte~ maturity, without notice to any of us; and to pay all costs ot collection, iocludinp s ~easonable attorney i fee in the event of any default he~eunde~, and hereby severally waives all benefit of homes~ead and exemptian ~nder the tonstitul'an and laws of each State of ~he United States, as aga~nst this obtigatio~ w any ex~ensiow w renewai hereof. Witrxss the hand and xal of each pa~ty. S/ pona2d W. Ma,rch (s~?q S/ Slizabeth L. March ~ ~ S 12 . 00 a start aevenue NOW, THEREFORE, the MORTGAGOR fw the purpose of securing paymem of ssid sum of : 8~Q~.OO ant! the performae~ce pf th~ covenanb ~nd sgreemenrs hereinafter e:presscd, and for divers good and valwble co~siderations, by these presents, does grant, bar8ain, utl, remise, release, conwy ~nd confirm unto the MORiGAGEf, its successors and au~gns, all that certain lot, piece or pucel of land, tituate, lying, ud beiny in 1M Covnty of St . L-L1C1 - „ and 51ate of Florida, dewibed as follows: Lots l, 2 and 3, less Oleander Avenue right-of-v~ray as described in O. R. Book S4, page 542, and the West of Lot 4, Block A, HUNT SUBDYVISION, as per plat thereof on file in Plat Book S, page 47, Public Records of St. Lucie Couinty, P'lorida,.- • q~iE~ o v STAT E HL tl~t ~fl~ ` xE~T T~ ~1FR ~CIB~ p,E~1l'HQyJ T ~ 1~IT 724, AC1S ~ p?OPfR~ ~ 2 ~ t~Cll~tE 7 p~ Ta~ - ~~ent C1er~ Grcurt ~ 19fI. ~ - br f Co U N° I~ I 2 0 fl3 St i""~ C°u~h Ta~ Car ~~~u R P.B ~~o~s~ ~ . k~r ' . ~ cx~~x n: . togetMr with sll and singular the tenem~nts, hered~rame~+ts a~d appwances there~rnto betong~np or in anywise sppert~ininp thereto, and all r~np, is~w~„ propsds and piofiri xu~iny and to accrue from s~id' premim, all of whid? are i~cluded in the above and fore9drg d~saiption ~nd h~bendvrn, ~ TO HAVE AND TO HOLD the ~bove described snd gr~nted premises uMO the said MpRTGAGEE, ib suctestas ~nd ~ssiqns fw~vK. Md th~ sdd MORTGAGOR for their executon, administrators snd usi9ns, he?eby covena~» with the said MORTGAGEE, its waesfon and assipro, rhat thev ~Ye _ ~awfully se~zed of the said prem~ses in fee simple; that tFk s~m~ ue free, cku and discMrped from all lierq and ~ brancN'io law o~ in equity, and that thev will and their hein sMll w~rrant end defend tM tht~ ~o tM ~am~ to tIM wid MORTGAGEE, ifs wtceuors and auigns, forever ayair~ft the lawful daims and demands of sll persoru; PROYIDE~, AtWAYS tMst if the MORTGAGOR shall pay crnro ehe MORTGAGEE the promiuwy note hereinbsfwe dacribed u+d sh~ll ttuly, promptlr and fully perfo~m, dixMrge, execute, compkte. comply wi~h ~nd ab~de br each snd evKy Iht.stipulatio~s, ayreemenb, conditian and aowMnb of said promissory raf~ and of this Ntiw~9aye, nc~n this hb.tgaye and rhe Estate hereby ueated ahsll ce~se and be null and wid, iT IS UNOERSTOOD that the word °Monyagar" whefixr in the singula? or plwel anywhere in this Mortgspe, sh~ll b~ sinpvl~r if or» only and shall be plwal jointly ~nd severally if more than one. and that the wad "their" as used anywhere in tM~a Monyape sh~ll b~ t~ken w mean "hi~," "iwn,•• or "in;' wherwer the context so implies a ~dmits. Also, that whercver the~e is ~ reference i~ tFit cove~ann and aQrasmenb herein oont~Frwd to aq of the parties he~eto, tir s+i»e ahall be construed to nuan ss well as the heirs. Ipal representstivd, succtssors and usgro (eitiwr volumary by ad of th~ Wrties or invol~ntary by oper+t;on of the law) of the same and that the covensnn hereie contained shal( bind and the bK~sfits and dvantapK iiwrs to tlw respectiw Mirs, Isyal ~epresentaYwes, wcceswrs and aa~4ns of th~ parties hereto. Md said MortpaQois, for tbemselves u+d their hein. Iaqal rep~esenutives, succauon and auiyns, hereby jointly and stvKally oo~ven~nt and aptN ro u+d with tM taid MORTGAGEE, its successors and auiyns: 1. To pay all ~nd sirgulu rhe principal snd imeresr a~d the vsrian ~nd tundry sums of moneY WYable by vkfw of ssid prom;ssay nob. ~nd M~is ^'a~9+~• ~~Y. W~P~~Y on tF~e days respect;wly the sxne sewrdly becane due. 2 To pay ~II and sinpulir the t~xes, assessmen». levies, liabilities, oblg~tions and encwnbr~nces of every nstw~ u~d ka~d now on ssid dpaib~d P~~~Y, a th~t hereaftar msY b~ impoaed, wffered. P~+c~d, levied, a awssad thereon, a that fiereahs~ msy b~ Itvied a~sesMd upon tid~ IfAon~ pe, a tM ind~btadnets s~cvr~d hereby, e~ch u~d every, whsn dut and p~yabl~, accadinQ to law, befw~ thty bscan~ delinqwro, and bt~on any M~nsf anacFws w any penalty is irxurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SI1ME SHAII BE PROJ1APTtY SATISfIED AND GISCNARGEp QF RKORD AND TME ORIGItsAI OFFICIAI DOCUMENT (SIICH AS, fOR INSTANCE, iHE iAX RKEtPT OR THf SATISfACT10N PMfR OFFKIAtLY ENOORSED OR CERIIFIED) SMALI dE ?UCED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; ~nd i~ the went tMt ~ny tMrpf ts no1 paid, satisfied s~d dixhuyed sa:d MORTGAGEE may at ~ny t~me pay the same w a~y part thcteof withw~t waivirg w affectinp sny option, li~n. ~quity a •ipht unde? a by virtue ot lhis mortgaye and the full amov~t of each and every svch paymeM sMll b~ irnmediat~ly dw and p~yable a~d ~hall bew iMaqt ~rom tlw dat~ tht?wf until paid at rate of nine per centum per annum and together w~th wth interest sMll b~ secwed by tFw IiM of t1~:s mw~tap~. eooK18$ P~c~ 3 _ , _ .