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HomeMy WebLinkAbout2590 V~ 20~9~~ THIS INDENTURE. Mads the- lf?tl1 day of Anril A.D. 19~1, tx:tween }!el en Gorc~on H rew, Fl W 1C~AW of St . I.UC iP ~ Cp~nty Fiorida, hereinsftcr desgnared ss ~he "M`JRTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASS(~IATION OF FORT PIERCE, a corporation organized and existing under 1he la•,ws of Ihe Un~ted Sta~QS of America and having its principaf placs of bus~nes~ in tA~ Ciry o( Fo~t Pi~.ce, St. luci~ CouMy, ilwida, hereinafl~r desipnated as ths "MORIGAGEE:' WHEREAS Ihe MORTGAGOR is ju~dy indebted to the MORTGAGEE i~ the s~m of s?i?~n • a~ 9ood and lawf~l monry of ~he Un~trd ~rafea advanced by the MORTGAGEE unto the MORTGAGOR, as evidencad by a certain promissory note oi e~en dore here~~th, of wh.ch the fo~~on+np in ..ords and figures is a t~ua copy, to-wit: s_~ .7Oc)-00 3-16,992 Nc Foh Pierce, Flaida, ~nT 11 1 f~ ~971 fw value received, 1, v,~e a eiiher of us, promise to pay, wi?hout defalcation, to the orde. of FIRSi FEOERAI SAVINGS At~O LOAN ASSQCIATION OF iORT VIERCE at Fort Piercr, Ftorida, the sum of s 7} 7~~ with interest from date at rhe rate oY r.~. _°o per annum, in mcnthty install- •~e+,~s as follows: S--?=1=~~- on the lSthday of lun~' 1971___ and a like sum on tha co~rrspond~ng day of each mavh there- at!er untif the whpte be fuHy paid. Each instal;,nent fir~t shall be appl;ed in payment of the interest and ~hen on the unpa~d bala~xe of the pr~r.c pa! sum. If defauh is made in the ; a,ment of any ensta~lment when due, and suth default continues 30 days, then at the optio~ of the ho:der, and wnhout any oth~r nance, all the rernaining ~~stallmen?s shall be due and payabte at once. Privi~ege is given to prepay this nore in whole or in parl at any rime wi~hout penaity. Na~tiKr forebearance, ~or ecceptance by the holder thereof afrer any default in any payments hereon, shall be deemed exte~is~on. A late payment charge of Y_ ~7O shall be ~ ided to etch ins~aliment remaining vnpa~d 7 days after its dus date, and a like sum shall be added to each such i~~staHment remaiuing unpaid 7 days aftrr ?ach succeeding payment date. Each maker, avrety and endorser hereof, jointly and severa!!y, waires demand, presenlmrnf protesl and notice oi prorest for nOnp~ymcnf, and fur~her agrees lo any extension of time of payrtxnt, either before w after maturity, without noncr to any of us; and to pay all costs of co~lrct~on, ~nclud:ng a ~ r~ .+sonable attorney's fee in the event of any rlefau~t hereundar, and hereby severalty wai~ea atl benef~t oi honi~•sf~ad ond ea~•mption undar the consritulion ~~:i !aw•s of each S~ate of the United States, as against ihis obligalion w any extension or renewal her~of. # Witness the hand and seal of each pa~ty. , . . } ` ' s/~~~len Gordon Frpw, a wi~ow (SEAL) _ _ (SEAI) (SEAU ~ ~ 11 . S 5 ) State Revenue NOW, THEREFORE, the MORTGAGOR fw t!x r ry~y ~y~ ~ ~ f 700. OO pu pose of secu ' ent of sa~d um.of = and the pcrformance of ~he covenants and agreemenrs hereinafier expressrd, and fw divers Qood and vslwblt consid'erations, by these presents, does grant, baryain, setf, rem~ye, re:ease, convey and conf~rm unto the MORT~sAGEE, its succeuors and ~uigns, all that ce~tain lot, piece or parcel of land, si~ua~e, lying, and bring in the Counry of St . Luc ie snd Sate of fbrida, described as follows: ! i,~~t 7, of Block S, of Unit No. 8A, of LAKEWpOD PARK, as ner *~lat thereof on file in Book 11, at oa~e -~7 of the Public Records of St. l.ucie C~unty, Floric~a,'~ ~ ~ TqTE °F ~t'~~~flA R~"E° ~0 ~ TAX ' DuE oN CUSS fN M W S ~ITp~ S7AM~ Purts~;~utitr ~ Z D~~ t ROGER F1DI ~ C~R 2n~z4 ~cr ~~~AxE! _„~:~n I 15 5= ~s, a~ ~ r ~ _ ~ IBent for p ~°°rt ~ v otrt.et *c~ ~ AMIE! I~ 1(M0~ 1R P.B. ti~o ~ ~ a , ~ ~~1` ~~c fallec~or ~ c ~Ptt1Y q,~ +ogerher w;th all ind s;ngular the tencments, herediamenq and sppurtances thereunto belonginy or in anywise appertaining therero, and all rents, iuuef, p.oceeds and profiu ucru~ng snd to xcrve from said premises, all of which are included i~ the above ar?d fwegoing description and habendum. TO HAVE AND TO HOID the ~bove described and grantcd premises unto the said MORiGAGfE, it~ tuccessors snd auigns forever. /1nd tM said their hAORTGAGpR for he;rs, executus, administratort and assigni, he~eby covenants wirh the :aid MORIGAGEE, it~ successon and iuiprn, rhat - -Y---- tt2C' aTC' , ~~W{uNy sehed of the ssid prem~s~s in fee simple; that the same are hee, cksr end discharged from all liens ~nd ~ncwrr brances in I~w or in eq~iry, and that t h PY wi!! and t hP 1 T ?K;n ihall wursnt and defe~d the title ro the samt to tht uid MORTGl.GEE, its successors and assgns, fwever ayaintt the lawful claims and demands of •I! persaq; PROVIDEO, AIWAYS that if ?he MORTGAGOR shall pay unto the MORTGAGEE Ihe promiuory note hercinbe(ore deuribed u~d ihal! truly, promptly and fuily perfo~m, d~uharge, e¦ecute, complete, comply with and ibide by ex!? and every t1~e stipulsrions, ~g~eement~, cond,tions and covcnanb of tad prom~ssory note and oi this Mwtgage, then thi~ Nlortgage and the Est~te hereby created shall ceaie and be null and void. IT IS UNDERSTOOD that the wud "Mortp~gor" whether in the ungular or plur~l anywhere i~ th~s Mortgage, ahall be singular if one onfy ~nd shall be plural 'pintly ~nd ~everally it mwe than one, and that fhe word "their" ~s used anywhere in th~s Mortgage thall be tiken to mean "his:. ••hen•• or "its;' wherever the conteat w implip or sdmits. Also, tMt wherever there is • reference in the covcnants ~nd ayreernents herein cont~ined to any of fhe parties hereto, fhe same shall b~ construed to me~n ~s well ~f tM heir~, kyal representative~, succe~son and e~signs (either voluntary by act o{ ~h~ perties or involunrary by operi~iw+ of the liw) of the same snd that the covenants herein conuined shall bind and the benefits and +dvantages inw~ ~o the respective heira, legal reprcxntativss, ~ucceuas and ~ss'yns of the parties hereto. And ssid Mortgagon, fw themxlvq ~nd their heirf, leqa{ representatives, successors and auigns, hereby joimly and seve+ally coven~M a+d ~yne ~o end w~th the said MORTGAGEE, ~n successws and auiqns: 1. To piy all and sinyular the printipal and interest and the variovs and ~urtdry sums of money payable by virtue of iaid prom~ssory no~t, and thi~ mwtga~e, ~ach and every. prompfty on the d~ys respettively the sam~ sewrally becom.e due. 2. To pay all •nd singular the taxes. ~~scuments. {evies, li~bilitiq, obligatiw~s and e.xumbr~nces oi every natun and ki~d now o~ said described property, a that here~fter rtuy b~ impowd, suffered, placed, levied, a iutssed thereon, w that I+erea(ttr may be levied or assessed upon tha Mort~- ~g~, a th~ ir+d+btsdneu secured hcreby each ~nd ~v~ry, whtn dve ~nd payable. xcordinp ro law, before they become delinQucm, ~nd beior~ •ny interes~ ~ a'~aches w•ny penalty is incurrcd; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SA11$FIEp AVD DI$CHARGED OF ~ RECORD ANO THE ORtGItYAI OFiIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TA% RECEIPT OR THE SATISFACiION PAPER OFFICIAtIY ENDORSED ' OR CERTIFIED) SNAtI OE PtACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMfNT; snd in rhe event that ~ny therwf is not t pa~d, ss~ sfied •nd d~scharged sa.d MORTGAGEE may at •ny ~;me p~y the same or any part thereof withoW waiving w affecting any optfoo, lien, equity or •~9hr under or by virtue of ~his mortgafle aad the full ~m~nt oi esch and every such peyment shall be immcd~ately due and payable a~d shall bear interest ~~om the d~te ther~o~ until pa~d at .ate of n~~e per centum per annum and together w~th such inte~esr •ha11 ~ secured by rhe I~en o! th s mo~~tayt. g~RK 1~1 25~5 : - . : ~ ~ ~ ~ _ .