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HomeMy WebLinkAbout2950 ~j 2C8?~0 TNIS INQENTURE. Made the 1 3th day of ~j~rll A.D. 19_~l , betv,een }~a ood A. Vernon and Jane B. Vernon. his wife _ of St. Lucie Cqinty Florids, hereinafta? designated as the "MORTGAGUR," and FIRSf fEDERAL S~+VINGS AhD IOAN ASSOCIATION OF fORi PIERCE, a corpwation aganized and ex~uing under Ihe (aws of the UNted Sta~QS of America and having ip pnncipal place of bus~ness in ths City of Fort Pieres, St. lucis County, Florida, he~einaf~er desiflnated a~ the "MORTGAGEE:' WHEREAS the MORiGAGOR is jwNy indebttd fo ths MORTGAGEE in the aum of 5-~a-4~~-~ 9ood and lawful mu~+ey of the Un.ted S+ates advanced by the tdORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promisiory note ui even date he~e~:th, ot wn c~ !i~e fo~tow~ng in words and figures ~s a trus copy, towit: : 11, 400.00 No3- t 6, g87 _ Fort Pierce, Florlda, Anril 13~ _19~~_ Fa value ~eceived, 1, we or e~the~ of us, p~omise to pay, without defalcation, to the orde~ of fIRST FEGcRAI SAVINGS ANU IOAN ASSOCIATION OF FORT PIERCE at Fo~t Pierce, Florida, the wm of S l i-1 ~.~~h interest from date at the rate of 8s Q o per annum, in mo+~~hly insretl- ments as fol!ows: j96•0O- on the 15thd+y of riay 19 7.~__ and a I~we sum on ~hr correspcnd~r.g day of each month there- atter until the whole ~be fully pa~d. Eath instal{~i~eM iint shall be appli~~d in payment of the interest and fhen on the ur.p~~(I V3~d~}Cr pf the pr~nc:pal sum. I( d~•fault is mad~ in the F•ayment of any ~nstaliment when due, and such default continues 30 days, then at the option of t1~e ho~der, and .virl;o~t any oth~r not~ce, ail Ihe rrmainir,g ~nstallme~ts shail be due and payab:e at once. Privi~ege is givrn to prepay this note in whole or in part at any t~me without p.~,iaity. Neither (orebearance, nor acceptance by the ho~de~ rhereof aiter any default in any payments he~eon, shall tx dee~ned exfension. A late payment charge of S-~.~ -..shall be .added to each instaiiment remaining unpa~d 7 days affer ifs dus date, and a like sum aha!I be ~ddrd to ea:h Sucfi inst~Itment remaining unpaid 7 days after each succeeding paymr~» dare. Exh maker, su~ety and endorae~ hereof, join~ly and severolly, waives demand, PreSC~~Lnenl prJTiit a~~d not.ie of protrst fot no~:~.ey •~ent, and fu~ther agrees to any extension of t~~ne of paymeM, either before w after maturity, without nonce to any of w: ond to ~ ay al! ccsts of co':ecr~on, inc~ud ng a reesonable attomey'a fee ~n the evem oi any defauit hereunder, and hereby severally waires a~i ben_f~t of homes:~ad ~nd cac:~:p'~un under the co:utitution a~~d laws of each S!ate of the U~~~ted States, as against this obligatio~ w a~y extens~on a renewal hereof. Witness ~he hand and seal of each party. S/Haywood A Vernnn (SEAL) (SEAL) ~ : . , sl„~ane 6 vernon csE~i) cs~u) ( 517 . 10 ) State Rrvenue NOW, THEREFORE, the MORTGAGOR fw the purpase of securing psyme~+t of sa~d ~um of S 11., 40O ~O , and the performance of the covenants and agreements hereinaiter expressed, a~d fw dive~i good and valwblr conaide~at~ons, by Ihese presents, dces grant, bargain, selt, rrm:se, release, convey and confirm unto the MORiGAGEE, its successors and ~uign~, all that certain lot, piece or parcel of land, situate, lying, and besng in 1he County of S.t . Lucie and State of Fbrida, dewibed as follows: Lot 13, Block 13, of RIVER PARh, UNIT TWO, according to a plat thereof recorden in ~~lat Book 10, at page 72, of the public records of St. Lucie County, Florida, ~ ~ E ~ ~~p s~.~ - o U 1R PI?rtrltM OF Tlu~ I OtlE ON CUSS 'C' INTAtiGiBLE PERS(:NAI PROPERIY.. ; S TAT E aF f= L O R 1 D A ~~T :o cN~re To~za. ~cTS oF i~ti. r- DOCUMFNTA~~ STAMP TAX R06'R PGI';J'S, Clerk Circuit Court i ~Z _ o _ uPR2671 z~4: = s~ /eer.t for CAt~l~l N. KNOWLES, 1R ~ ~ _ I 7 I 0~ 5~. ukie cou;:ri Tax Co~~ector ~ o~ rr. ca uErtnat • - ~ P.B.~so~~s ` _ ~.~7~ - ~ ~ e o~tmr a~x ~ ~ 3 i ~ ~ ~ ~ rogether with all and singular the tenements, Ixreditaments and appurtarxes tlxreunto belonging or in anywise appertaining thereto, and •II renti, issues, ~ i ~raceeds and profits accrving and to accrue from said premises, all of which are included in 1he above •nd fwegoing dewiption and habendum. ' TO HAVE AND TO HJID the +bove described and yranted premises unto the said MORTGAGEE, its successo?s and assigns forever. And tM ~aid .z their ~ MrJRTGAGOR for hei?s, executas, adminiatrafors and assigm, hereby covenants vrith the said MORTGAGEE, its s~tcdsws snd auiyro, the are ~ +hat - y------ lawfully seized of the said premises in fee simple; that the same srt free, ~flear and dixharged from all liens ~nd ~ncum- ~ b.ances in law w in equ~ty, and thst th~ will and their he;rs shslt wanant and defend the title to the same fo tM said _ MORTGAGfE, its successors and assgns, ~orever ~yainst the Iawful claims and demands of all persons; PROViDED, ALwAYS that if the MOltTGAGOR sMll pay unfo the MORTGAGEE the promissory note here~nbefore dex.ibed and shall truly, promptly 4 and ful:y pe.form, d~scMrge, exec~te, compkte, comp~y with a~d abide by each •nd every ti~e stip~lat~ons, agreements, conditions and corenantt of said f ~ promisswy rwte and of this Mortgsge, then this Mortgage and the Estate hereby creatcd shatl cesse and be null and void. 4 ~ IT IS UNDERSTOOD that the wwd "Matgsgor" whether in 1he s~ngular w plural s~ywhe?e in th;s Mo~tgsge, shall be s~ngular if one o~ly •nd i ~ shall be plural jointly •nd severally if mwe than o~e, snd tMt the wwd "their" as used anywhere in this Hlwtyage shall be taken to mean "his," '"hers;' - o+ "its," wherever Ihe tonteat w implies or sdmits. Alw, lhat wherever there is s reference in the covenants and agreementi herein contained to any of rhe parties hereto, the same ahall be construed to mean as well as the heirs, legsl representativcs, successors and assigns (either volumary by ~c~ of ~he parties or involuntary by operation of the I~w) of the same snd that the covenanrs herein conNined shall bind •~d t1~e benefits a~d advanNyef inur~ ;sk so the respective heirs, legal represeNSlives, succruus and ass~9ns o1 the parties hereto. ~ - And said Mort9agors, fw themselvp and their heirs, legal representatives, successors a~d assigns, he~eby jo~mly and severally covcnant and ayree ro ~nd with the sa~d MORTGAGEE, its succesiws ~nd assgns: = 1. To pay dl and singulsr the princ~pal and intaest and the variovs and sundry sums of money payable by virt~e of said prom~ssory note, and this mo.rysye, e~ch ~nd every, promptly or+ 1he days respactively ths iame sevtrally become due. = 2.~o pay alt ~nd tingu~er the taaes, aiussme~ts, levies, lia~ilities, obli9~tions and ancvmbrances of every r~arure •nd kind raw on said described Fropeny, or tAat hereaher may be ~mposed, wffered, pl~ced, levi~d, o~ auesied thereon, or ~hat hereafter may be lev~ed w as~nsed upon tF~is Nbrty- ~ge, a the indebtedness ~ecured hereby, exh ~nd wery, when dut and payable, xcordinp to law, betwe Ihey become delinquem, and befor~ any inters~~ ; ~ a~rachef or any penalty is incu~~ed; AND INSOFAR AS ANV THEREOF IS OF RKORO iHE SAME SHAII BE PROMPTLY SATISFIED AND OISCNARGEO Of ~ ~ RECORD ANO TNE ORIGII`At OFFICIAI pOCUMENi (SUCH AS, fOR INSIANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENUORSED OR CERIIFIfD) SHAtI BE PIACED IN THE NANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AiTER PAYMENI; and m the evtnt that any thereof is not ~ - pa~d, sat sfied and d~scharged sa d MORTGAGEE m~y st any t~me p~y the same w any part the•eof w~~hou~ waiving or a~(ecting •ny oprlo~, ~ien, equity or - •~aM under or by virtue of this mo~~gage and the ~vll smovnt of each •r+d every such payment shall be ~mmedia+ely due and payab~e •nd shall be~r interest ~.om the da?e thereo( ~ntil pa~d a~ rite of n~ne per centum per annum afd together w~th fuch ~n4rest shall kx secuied b~ the hen of ths morytaye. 19~. 2944 - ~ _