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HomeMy WebLinkAbout0199 iI ~ 1 2O435U ~ IHlS iNDFNTURE. Made tM Z~ d+y of RQbsuasy A.D. 19~.~ betwNn Thowa s N. Cox and Lnu m~c ~~i g . of St. WCie Cp~nty Flotid~, Mnin~ftK deig~ated as tM "MORTGAGOR," and FIRST FEDfRAI SAVINGS AND IOAN ASSO~IATION OF FORi PIERCE, a rwpa~tion orp~~;:ed ~nd ex~sriny u~ tM I~wi of f!~ Un~ted Suhs of Am~rici and Fwvinp in p~+ncipal pl~u oi ~ buun~~ i~ tM City o~ Fwt Piarc~, St. luci~ Couoty. Flaida, Mr~inaftK daipnaud a~ IM "MORTGAGEE:' ! WHEREAS tM MORTGAGOR i~ jwtly ind~bt~d ro tM MORTt'aAGEE in rt+e sum oi i 3~~0'~ , 9ood and lawful money of ~he Un~ted S~at~a advancad by ih~ MORTGAGEE unlo ~he MORiGAGOR, as e~~de~xed by s cxtain promiuory note of evert d~re hertwith, of wi~~ch !he folbwinQ in words and fiyurn is e trw copy, lo-wih s 3,~•~ ~ 3-26~781 rn?r Pk.~.. Fio.~d.. - Rabruary 2 ~9 71 FOI Va~U! fKlIVBd, 1, w~ p~itht~ of u~, prom~se to , without defalceuon, to the wder of FtRST fEDfRAI SAVINGS ANO IOAN ASSOCIATION OF FORT VIERCE at Fort Pierc~, Florida, the sum of t_____3Z~~~ with interest from date at tha r~t~ 0l$•75?L pa ~nnum, in monthly initall- ~nents as fol!ows:: 38•~ on tM lst~y of ~i=Ch , i9 71 ~~d • lik~ sum on ths carespondirg day of sxh month the~r efrer uNil ~he wFwle b~ fuily paid. Each installn,ent first ~MII be applied in payment of the i~teresl and then on ~hc unpa~d balance of the princ~pal sum. (f defaul~ it mad~ in tM Faymcnt of aay inatallment when dva, and such defa~ft conlinues 30 day~, thcn at ihe opt;on pf ths holder, and without ~ny othrr notlca, a!) the remainirp ,nsullments sAail be due and payable a~ once. Priviley~ is yiven to prepsY tAis note in whole w in pah at any t~me without ptnalty. Naither iortbear~nce, nor scceptance by the he!der thereof aftar ~ay defauh in any p~yeneNS hereon, shall be deemed exten~ion. A lete payment charys of S 1• 90sMll b~ added to exh inataltment ~emain;~g uopaid 7 days after iri dw date, and ~ like sum shall be added to each such ins~aUment remaininq ~~id 7 d~yt ~ft~t eac~ tutcaedirp paYmertf date. E+ch maker, s~rety and endwscr FKraof, jointfy and severally, waives demsnd, prexntment protest and notice of protest fw nonpaymcnt, ~nd furthr~ agree~ to ~ny exte~sion of ~inx of payrt+ent, eithcr before or after maturity, without notKe to any of us; a~d to pay all coses of collection, includ~rq a reasonabk •troiney's fee in the event of any default heievnde+, end hereby ssver~lly waives all 6enefit of homestead ~nd exemption unde~ the constitution and laws of e~ch Staee of the United Staies, as against this obligatan a sny exta+sion a ~eoewal hereof, Witness the Mnd a~d seal of eath partY. _/s/ ?h~aas M. Cox ~,,,U . • (s~?U ~s/ i.ouisQ S. Cox ~ ~ `S4 • ~ ~ sate aewnw • ~U ( NOW, THEREFORE, th~ MOitiGAGOR for the pwpoa~ of ~ecwirg p~ym~M of said svm of ~ 3~~~' ~ ~ and tM pafam~nu of tFr coveMnts ~nd apreem~nts her~inafttr ~xpreued. and for d'ivers pood ~rd valwbk considerNions by these pr~s~nts, dp~s yr~ot, baryain, s~lt, ~tmiss, rele~s~. conwy snd confirm vnro th~ MORTGAGEE, ib svaeawn and ~uiyna, a0 tMt tertai~ tot, piloe a puut of tand, sitwtf. lyirg, snd b~in~ in t!N ~O"^t1' °f St• Li~Cie ~nd Stata of Florid~. describd as fdlows: i ~ PARGB L 1 I.flts 19 and 20, Block 23, REGIiYN PALNS SUBDIVISION~ a?s par plat theseof recorded in P2at Book 4, pa;ge 82, public sacords of St. Lucie County, Flosida, PARC6i. 2 ~ =ba w~st 100 f~et of Lots 21 and 22, Block 13, RBGINA PALMS x ~ ~ ~ SUBDIVISION, ss per plat thareof racosded in Plat Book 4, $ d paqe 82, public zecords of St. Lucie O~unty, Florida, ~ ~N3~ ?his is a first aostyage as to Parcel 1 and a c'~` second ~ortqagQ as to Parcel 2~ said second ~1 aoztqaye beinq interios oaly to s psior fixst j~,~ W~ ~ sortyaqQ tsoa Thoaas M. Cox and Louise 5. Cox ~ his Mife, to Fisst Federal S~?vinqs and Loan ~ ~ Q~ A s s o c i a t i o n o f F o s t P i a s c e . d a t e d O c t o b e s 2 1 5~ g~~ 1970, ~P~lic recosd~ otiStalLucierCouentyfl88, ~ ~ N ~ paye S ~ Florida,~ +ogetMt~ with afl and singular the f~neenents, hereditaments u~d appurt~nces fherew~to belonpirg a in anywis~ appert~inirq therNO, u~d all ~ts, issuy, proceed~ ~nd profin ~ccruinp snQ to accrw irom uid prcmists, all of whicfi are 'aick~dsd in the above and fw~yoinp d~stription s~+d h~bendwn. ' TO HAVE MJD TO HOLD tlu above describtd and yranted premises unto t!~ ~aid MORTGAGEE, its woc~ssors and aui~ns forswr. Md th~ sild 3 h40RTGAGOR for heirs, executon, +d~+in;atrab?s and asi ro, her their g ~by ca,•„ann wirh ~M said MORTGAGEE, ia wassson and qsip~r, ( they ara ~ rhat - - lawfully sefzed of the s+~d p.em~ae• in fee simpl~: that tM sime ~re frw, clear and dischHyed from all liem and ~ncvn~ brances in bw w in equity. ~nd that tb@Y will and L~1B~i hein s?yll warr~nt snd def~nd tM titl~ fo th~ wM fo tiw s~ld ~ MORTGAGEE, its succesw~s and assgm, fwever ayai~st the lawful claims ~nd demands of ~II perspq; s PROVIDEO, AtWAYS th~t if 1F~ MORTGAGOR aha(1 i •nd fu{ly perform, d~schar P+Y ~to tM hWRTGAGEE th~ prpnissory note he~~inbefor~ descr;bed and sAal~ tnrly, promptly y~. ~xecut~, compl~re. canply wi~h and ~b~de by exF? u~d evKy the sripul~tions, apree.n~nn, conditiaa and oov~nanq of ~aid womiuory not~ ~nd of this Monyaye, t?»n this Mwty~ye ~nd the Estate he~eby vtated ~MII u~s* and b~ null u~d vad. IT IS UNDERSTOOD that the word "MortyaQw" whethe~ in tF~ ~inpula a ptwal a~ywhK~ in this Matys~~, shail b~ sinpula if ont only ud ~ shall be plw~l "pintty and ~verally if mor~ than one, and tMt the word "the;r" ~s ~ned anywher~ in this Mwtgpe shall b~ t~k~n to mean •'his,•• ••Mn,•• i or "iri;' wher~ver the cont~xt w implies or admits, Alw, that whereve? thK~ is • r~fe~enct in rhe covnann and q..eaunn herain coneairnd ro any of rh~ pufies hsrNO. tM sune sha11 b~ wnanued to mean ~s well ~s the hein, leyil ~~pr~sentnires, succKSOn snd ~uipro (eitha voluntary by act of t!r 1 p+rties or involuMary by op~ration of tht bw) o~ the s~me and tMt rh• cov~n.nrs her.m comained sh.11 bind .nd ~h. b.~.f~n «d .dvanrp.s irwr~ ro the respectiw Min, leysl represe.itatives. successors and ~u~yro of tFw partist hereto. ~ Md s~id Mortya~ors, fa themsstve~ and tf~eir Aein, layal repr~senhtivei, succtston and auipnt, hersby jointly ~nd y~v~~lly cownanf and ~ynt ro u~d with the said MpRTGAGEE, its svcce~sort and ~uiqm: 1. To p+y ~It and sin~vlu eh~ princ;pal ~nd interest a~d the variovs ~nd sundry wms of money paYsbM by vi~tw of taid promiuwy not~. Md thi~ rr+ort9p~, each ~nd ~very, promptly on tM A~ys respectivel~ tM ~ame kv~r~tty becarr dw. 2. To pay dl ~nd sirgvlar fFw taxa, us~sunenn, i~vies, li•bilirie~, oblqarioru anQ e~+cvmb~ae~us oi wery n~tw~ and kind now en uId daabd p~op~ty, a that hHeaftN maY b~ ;mpowd, svffer~d, plated. I~vied, w ~sseased therea~, a that Mr~after may b~ Iwi~d w a~NSwd ~pon thY Map. a~, a th~ indebtrdnqs wcur~d her~by ~ach and w~ry, wMn dw ~.id paysble. ~ccwdinp to taw, befw~ they b~cwn~ d~linqwnt, ~.d b~ion ~ny tM~rpt ~ ettschd p arty p~nalty is incwred; ANO INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SHAlL 6E PROAAPTIY SATISfIEO AND pISCHARGEp QF RECORO ANO THE ORIGINAI OfFIGtAI DOCUMENT (SUC?1 AS, FpR INSTANCE, THE TA% RECEI?i OR THE SATiSFACTtON PAPER OFFICIAIIY ENOORSE~ rJR CERTIFIE~) SHALL SE PlACEO IN TME MANOS OF SAIb MORTGAGfF W11HIN TFN ~AYS NFXI /1tTfR PAYMENi; and in tF» ewnt ~hat u~y tMrwf i~ not ! paid, ut'sfied a~d discharg~d sa:d MORTGAGEE may ~t ~ny t~me pay ~he s~me w any part thereof witF?out waivinp w atf~ctinp a~y option. !iM„ puity a •~aht under a by vi.tw of th~s morsyaye ~nd the full amount of exh ~nd ~rery svch p~yme~t ~Full be immed~ar~ly dw ~~d payabte a~d t1+aN b~w intN~tt ' ~•om the dats thertof until pa;d a~ rate of n~ne per cenrum per annum and topether w~th tuch interest ~MII be secured by the lien of th:s mw9tape. # U R ~Q~ ~ f 800K ~~v 1 ~ _a,rb - ~ _ _ _ _ . ~ ~ ~ ~j