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HomeMy WebLinkAbout1336 207099 THIS INDENTURE, Made ~he lst d~y of Apzil A.O. T9_7.1 , b.r.~een Robest S. t~itfield and Reta Pi Whisfield his rr~g_____ ~T - St. ~.ilGl~ ` , Gounty flor~da, he+einattea dcsgnared as the 'MORlGnGOR," and fiRST'FE~fRAL SAVItiGS :.~~D IOAN ASSOCIATION OP FORT PIERCE, a corpaation or9aniued and exluing under 1he laws of the Un~ted $tat~s of Amer~ca and having its p~~ncipal place of b~s~ness in ~he City ot Fon P~erce, St. lucie County, Florida, hereinaRer desiy,~ated as the "MORTGAGEE." WHEREAS 16e MORTGAGOR is juslly indebted to the MORIGAGEf in the sum of j- 8 1~0! good ancl Idwtul mpney oI thc Un.trd Srjtrs advanced by the ~dORi;~AGEE unto the MORiGAC~OR, as evidenced by a ter~am prom~ssory note o( eren date I~riew~th, of ~,h:ch tr~e io„ow~ng i~i .,ords and f~g~res is a true copy, ~o-wit: s~ 8'~.~ 16~944 No_ Fort Pierce, Flwida, April 1 ~9 71 fw value recr+~•ed, 1, ,~ve o~ either of us, prom;sa to pay, without defaltat~on, ro the order of FIRST FEUERa~ SAVINGS AhD lOAf1 ASSO~IATtON O~ ~:`n^T PIERCE a! Fort V~rrce, Florida, ~he wm of S-- 8-t~~'~ w~th intrresr from dafe at the rete of8!?S^, per ani:u:n, ~n ~no:itl~ly instal;- .,rs as Fo~~ows: S 74~~ on the lsth day of _ M~'y 19_.71_ and a l~ke wm on tha CGrl~S~O~~d.n~ IJ3y of e,ch month ihe~e- .~•r ~ntd nc~ who~e Ge fuily y~~d. Each installment first shall be appl~ed in payment of the interest and then on the urpa;d bstance of the pr~n~ pal s~m. I! J.•fau!t is msde in the .~~~rnt of any u~staUment when d~e, ~~,d such default continues 30 days, then at the opnon of the ho,der, and .:~~ho~~t any o!~~rr r~c~,ie, ell the r,.-~na:n~ng ~~e~alimants shail be d~e and payab:e at once. Priv~lege is give~ to prepay fhii note in whole or in part at any t~me ~v;thcut ~.cnalty. IYenf~er lor~bearance, ~ acceptance by ~he ho:der thereof after any default in any paymtms hereon, shall be deemed extem~on A tare pay~nenr cherge of S 3~ 7O , shat! be ,::l~•d to eech instaiim.•nf remair.ing unpa,d 7 days after its dus date, and e Gke swn snail be added to each such ,ns!ailmint ren,ain~ng unpa~d 7 days after r.~ch succeedi~~g payme~v dare. Each maker, s~ie!y and endorser hertof, joint~y and seve~ally, wa~ves demand, p~esennnent protest and not„e of protrs! for non~:a~~.~cnt, and (~rtl+er e;~ees ~o eny extens~on of r.n:e of paymen?, efther before w ahe~ maturiry, wifhout non<e to any of us; and ~o y,ay all cosrs uf co i~ct:on, inc!ud ng a •~s~nable attorncys iee ~n the event of any default he~eunder, and hereby se~e~a:iy waives ali benef~t of hon,..,~_•ad and ea~:rpnon u~:d~-r ttr~ constitu~ion ~ d faws of each State of tht United States, as aga~nst ~his obtigation or any extrnsio~ or renrwal hereof. W~~ness thr hand and seal ot each ~arty. /s/ Robezt S. Whitfield (SEAI) ~ • ; ' (SEAI) ~s~ ~@L~ P. Y1~11tf1@ld (SEAL) t- ~ 22 ) Sfate Revenue ISEAI) NOW, THEREFORf, the MORTGAGOR fot the purpou of secwing p~yment of said sum of S 8+ 0~ end the performance of the covenann and agreemenrs herei:eafrer e:pressed, and for d~vers good and v~lv~ble considerations, by tlxse prcsenrs, dces granr, ba~qa~n, sel:, rem~se, :~ase, convey and confirm unto fhe MORTGAGEE, its iuccessors and assigns, atl th~t certain lot, piece w parcel of iand, siruate, tying, and being in lhe ~oUnty of St. (.1~CiQ snd State of Fb~~da, described •s (ollows: L.ot 7, Block 4~ CRA[~'iR'S ~DDI2IOH ?O FORT PIERCE, as ; per plat thareof recorded in Plat Book 2, page 10, pubiic records of St. Lucie County, rlorida, / C ni p~`Y1~Q pROp~R ~ CS ~ 19~~- _ WN°~"c` W ~ U~ ~ ; ; aT ~ ~ o ~ i u a ~ER P01jRAS. ~ ~~,~.s, C, i C ~-F+Ir i! Tl. o ~ ~ pA~y L •5~::~vP TA b t ~ o = &PR E~~i ~ ~ent ~n~Y j~ ~0,tec1o I~~- c.~ cie a N : ~ ~.Er. : ~j ~ 2 0 0 ~ ~c~ a~n K P9_ •e~~ f~ ; - e ~ _ Y +ogether w~th all ~nd singular the tenemenq, hereditsments and appurta~ces thereunto belonging a in arsywise appc~ti;nirg Ihereto, and all rents, issue~, c~oceeds snd prof~ts accru~ng and ro accrue from saE~ prem~ses, all of which ~re included in the above a~d foregoing dexription and habendum. TO HAVE ANO TO HOLD the above dew~bed and gr~nted prcm~ses unto the said MORTGAGEE, its succes~ors and ass~gns forever. And the said ~10RiGA~j a ra ----their___ e:ec~tors, adm~niitrators and assigns, hereby tovenants w~th the ssid MORTGAGEE, its successws snd •tsigns, rhat --==e~ ~1e-- Iawf~ll se~:ed of the wid Y p~em~ses in fee simple; that the same are free, clear and d~uharged ~rom all liens and encur»- o*ances in law or in equity, and thst_ theYwill and sbQl= heirs shsll wsrrant and defend the title to the ssme to the said MORTGAGEE, its successors and ass~gns, fwever against the lawful ctaims and demands of ali persons; PROViDfD, ALWAYS ~hat if the MORTGAGOR shali pay unto the MORTGACaEE the promissory note hereinbefore destribed and fhall truly, promptly and fully perform, d~xMrge, execute, compiete, complr with and •b~de by each and every the itipulatio~s, agreements, co~di~~ons ~nd covcnants of said r.om~s~ry note and of this Mwtgage, ~hen th;s Mortqage snd the Esrate hereby cre~ted shall cease and be null and vo~d. I7 IS UNOERSTppD that the word "Mortyagor" whether in the s~nyula? or plural snywhere in this Mortgage, shall be singular if one only and shall be plural jointly and severally it mwe than one, and that the wwd "theii' a~ ufed anywhere in this Mortgsge shall be taken to mean "F~is;' "her~," er "its,"' wherever the conteat :o tmplies w admits. Also, that whereve~ there is a reference in the covenents and agreemenrs herein wnui~ed to any of ~he parties hereto, the ssme shall be consrrued to mean ~s well ai the heirs, Iegal representatives, succe~swi and assigns (either voluntary by ~ct of tAe pe~ties or invo~untary by oper~rion of the law) of the s~me and that the covenants herein contained shall bind and the benefits snd advan?agea inur~ ~o tiu respective heirs, Iegal reprexntative~, successors a~d ats~gns of the puties hereto. And taid Mortgagors, tor tFxmufvei and their hein, leg+l represematives, successo~s and ~ssi9ns, hereby jointiy and teverally covenant end agree ~o and wifh ehe said MORTGAGEE, irs successws and ~ss~gns: 1. To pay all +nd singular tfie principal and interest snd the various and sundry sumi of mo~ey payabfe by virtve of said From;ssory note, and this mortysQe, exh •nd every. p~omplly on the days respectively tht •ame severally becom~ due. 2. To p+y all ar,d singvtsr the taxes, as~essments, levies, lisbitities, obtigstio~s a~d encumbr~~ce~ of every na+ure and kind now on ssid dewibed property, w that herea(?er may be ~mposed, tufiered, pt~ced, levied, a ~ssessed thereon, d tMt hereafter may be tevied w asxssed upon thia Mort¢ ege, o~ fh~ indebtedness secwed hereby, exb ~nd wery, when dve ~nd pay~ble, xcordirg to law, befwe they become delinquem, •nd be}ore •ny interest a*taches or any penal~y is i~tvrrtd; ANp INSOfAR AS ANY THEREOF IS OF RKOR~ iHE SAME SHALt BE PROMPitY SAiISFIEO ANU DISCHARGED Of RECORO AND THE ORiG(hAl OfFIC1At DOCU?AfNi (StKN AS, FOR INSTANCE, TNF 7AX RECEIPT OR IHE SAi15FACT10N ?ADER pifICIALLY ENDORSED CR CER71FIE0) SHAII BE PIACED IN THE HANDS Of $AID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is nw ca~d, sat sf~ed and d~scF.arged sa d MORTGAGEE may •t any hme pay the same p a~y psrt _theroof w~tFwut waiving or aHea~ng any option, iien, ~quity or ••qhr under ~ by v+,t~e of rh]s mo~rgage and the full amo~nt of each and every such payment shsll ~ immed~ately due and payable and shall bear inte~es+ ~~om the dare thereof ~nr~l pa~d a+ rare o~ mne per centum per annum and together w~th such interesr shali be secured by ~he Iien oi ~h s morgt~ye. ° ~ 19i i~ au~~ - , s_ x