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HomeMy WebLinkAbout0642 b~ 2i(j`:'~6 THIS INDEt~iURE. M.d. 14th ~ d.r ot _ June A.D, la 7~.._~ ~~w~.~+ _ Vern _C'hambers ared Pearl Charu~prs. his wife____ _ of S~. Lucie ~p~~~y Florida. FKreina(~e~ des'~qna~rd a: ~FM "MORTGAGOR." and fIRSi FtDERAI SAVINGS AND IJAN ASSOCIAiION OF fORT PIERCE, ~ corpwat~on or~anized ~nd e¦~s~~-g u~de. the laws of ~he ltn~~cd Sra~~s of Ame~iu ~nd harioy i~s principal pl~c~ o( bui~~eu in tM C:ty ot Fwt PiNCO. St. luci~ County, flaid~, here:naf~e~ de~ign~ted ss th~ "AtORIGAGEE:' WHEREAS the MORiGAGOR n jv~tly ir?debted w t~+e MORiGAGEf in the sum of 5-612-~'~ good anc! lawful money of the Un~~ed St,~tes adwnc~d by tAe YIORiGAvEE unto Iha MORiGAGOR, as ewdancrd by a ceuam pronusswy note of even datr hrrew~;h, of wh~th tha (ollowuq in ~ords and f:gures is a uw copy, ro-~v~~: • S 6~ 200.00 ~b 17 L127 ~ Fort Pieae, Flaid~, June 14. _ ~q~_ 'i~ ~Z fw v~tue rr~r~ved, 1, we w a~ther of us, prom~se 1o pay, vr~~hout defalcano~~, to ti,~ ordrr of FIRSi FEDERAt SAV~I~~iS A1vD IOAN ASSJCIATION OF :72f PIERCE et Fort P~r~ce. Fl.ui~+a. ~he wm o( S_ 6120~!~_- w~th mrr~es~ from datc at the rate of _8 .~c~ px annum, in monthly install- ~,~rnrs as fo~'ows: S bl_•~_ on Ihe __15t ~y pf Al1gl1SL ,~q 71_ ~M{ a G?e wn, on ~hr c«.esporul~r+g dsy of each month there- i~trr ~nbl tht whC~! be 1u~~)' ya~d. 1 Each ins+a~~~~:rnt first shall be app(~ed ~n paYmrnt of ~he ietrrest and 'F.en cn the ~•~p.~~d !w!ance uI tl~e pnnt pa~ sum. If c~rfault is made in the Es,~nant of eny ~nSta<<n~Mt ~vhen due, and fu:h detav!t tonti~wes 3J days, the~ at thr o~+T:on oi ~he ho+der, and wifhout any cthr~ nut~ce, all the remaioing ~~s+alt~ner~s shsil tr.> d.,r a~ai pay..bte at once. Pr~v~~eye is y~ven lo prepay this note «hole w in pert at any r~~~~e wi~huW pr~.aUy. Ne~ther (wrbearance, ~ no. atce~Nnte by tht Fw!Jrr tArieof aftrr any defauit en any paymt~ts hc~eo~. ~hei~ be d~eR~cr! exre~u~~o. A late pay~nant charge ol s_~S~_, shsll b~ ~ ;.idrd ro each ms~ett~:Knt remain~ng uopa~d 7 days af~er its due date, and a G?e a.,m st,a:l !x a3drd ~o eacfi s~ch ins~e~lnient r~rnaininy unpaid 7 da~s ~iter rach svccetd•~~g Ewy~ne~~: date ~ Eech maAr~, wre~y and endorsrr hr~tuf, jo~ntty and severatly, warves de~nand, presen~•nrnl prurrst and noece oF prorest (o~ na~payment, and fwther ~ eg~res to any e~~ens~an uf nme ot prr~nent, r~ehrr b~{ore oc after maWity, witl~out not.ce to any o! us; and ro pav all custs of col:cction, i~clud~rq • ~r~s~nable atsornrY s fee in +he event o1 any defautt hrrevnder, and hertby sevcra:iy wa~ves el~ ~nr~~t of twmestracl anc! ex~mphon undtr ~he constituti~.o ~ e~d :av.s of each Sra~- 01 thr lin~rrd Stefrs, aa agdin_t this obLgar~on p any eatrn~;o.~ or renrwal hereof. Watnesa the hand and seal of each party. , sNern Chamt~e s - csE~u) ~ ' cs~?u - s/Pearl Chambers ts~?u ~ $9 . 30 _ ) St~te Revenue ~ NO'N, THEREFORE, the I4tORTGAGpR (w the purpose of securing p~yment of sa~d sum oi S 6~ 2~ and the performance of tM covenants and agr~en,enrs he~einafrer exp~esseil, and for d~vera good +r*d valuable cons~deratio~s, by these prese~ts, does g~ent, bar9ain, sell, rsmise, re~ease, convey and conf~rm ~nto the MORTGAGEE, its successors and assgns, e~t tha~ cerrs~n lot, piECe « parcel of land, situate, lying, and l.eir~ in the Counry of _ $t •~Cie and State of Flo~ida, dew~bed as fdlowac ; Lot 7, Block 2 of Seminole Park Subdivision, as=recorded in Plat Book 10, page 11, of the public records of St. Lucie County, ~lorida, ~ aECE1VE'p = PUR~TC~ ~C' IMi~~~ ~ PA~'MQifT pF TAXET ~ R~R Pa1IR ~^,~a ?0n4, ,~cTS~~ ~~~en; k ~ 5 ~ t_ t- J. ` ~ _ ~ ' t ~ ~ ~Bent lor DANIIEI ~rt I ~ ~ =i L ~ ~ a ~ . _ ~ ~ ~ _ o . :~C St lucie Coursry T ~ !R ~ .:.;hisii _ ~ COIIe~ - ~ = E ~~=,--930= v~ . t=~~ - - ~ : , 4i...;,f [t:'t~9[ `~f- _ • P.B. wo~ i ~ °~trn c~ex together w~th •11 and s;ngutar the tenema+ts, heredirame~ts and sppurunces thereunto belonging o~ in anywise appert~inirg thereb, u~d ~11 renn, isaws, procetds snd prof~n +ccruir~ snd to ~ccrue from said premises, all of which ~re irxluded in the ~bove u~d fwegang dtuription and h~bendum. TO HAVE AND T HQID the above dew~bed and granted p~em~ses umo ~he said MORTGAGEE, its s~rccessws and assigro forever. Md ttw ~W 4tORTGA {a t~e1l ~i~s, e:ecutws, administrators and asaign~, hereby covenants with the said MORTGAGEE, iu svcceuon ~nd auip~r,. , dt _ t~iey a re ~awf~~~Y x.:ed of ~he said prem~us in fee simple: th~t the same are free, dear and discharyed irom ~11 li~ns and ~cwn- o~ances in I~w a i~ equity, snd tMt t~V will and t~lelr heirs shall wstrant and d~fend t}~e tittt to the samt to flw s~id Y,ORTGAGfE, it~ successws and augns, (orever against the_lawful c4ims a~d dema~ds of all ~ersons; _ ?ROYIDED, ALWAYS that if the MORiGAGOQ sMll pay ~nto the MORTGAGEE the promissory ~ote hereinbefor~ dssCriMd and shall truly, prornptly ar.d fully perfwm, d~xharge, e~cecute, comptete, comply with ~nd ab~de ty each and every the stSpulat'wns, agreements, conditions and covtn+nts of s~id prom~ssory not~ ard of this Mortgage, then this Mortgage and thc Estate hereby crested s4~+71 ce~se +od Ix null and wid. IT IS ilPlDERSTOOD that the word "Mwtgagoi' whethcr in the s~~gula~ or plural anywhe~e in ?his Mortgqe, shsl: be sinyu~a~ if one oniy ~nd iha!I be plural jointly and severatty if more th~n one. snd that Ihe wdd '"theii' as uscd anywhere i~ this Mwtyage shatl be t~ksn to mean "Ais,« ••Atn•• er "its," wherever the context w impi;es or admits Also, that wl~rever there is s reterence in the covenann and sgrKmenri herein coM~in~d to ~ny of rhe pa?ties hereto, the same sMll be conssrued to me~n as well ss the he~rs, kgal r~presenqtives, succeuws and assyro (either volu~ury by ~ct of tl~e parties or involumary by operation of the I~w) of tix same and that the covensros Fxrei~ contained shall b~nd ~nd the benetits and advantpts irwr~ fo the respettire heirs, legal representatives, successws and ass~gns oi the part~p hereto. And taid Nlortgagors, fw themselves and their heirs, {eyal repreuroatives, sutcessoss and ~ssigns, hereby jointly and sevenlly tovenant ~nd ayr~e ro and wiih the said MGrziGAGEE, ~is successws and assigns: 1. To pay all snd singular the pr~nupal and interest and the varian and sund?y wms of r•ro~ey payable by virtue of said promisswy noe~, ~nd ttws morr~~ys, eeuy and e~cry, p~oa+ptly on the dsys respedively the ~sme sev~ratly becort+e due. 2. io pay and •~~gv~sr the taxes, assessments, leries, iiabil~ties, ot'.igstio~s and enc~mbrances of every nature and ki~d now on said dtscrib~d propaty, or that hereafter may be ~mpo~ed, wffered, plxcd, kvicd, or +ssessed thereon, or tMt here~iter may b~ Icvied a~ssessed upon thlf Morf¢ s9t, w~he indebredness secured herFby, esch s~d every, when due ard payable, xcording M law, befwa they become delinqusnt. •nd hefw~ ~ny imKpt attaches w a~y penalty is incurred; ANC INSOfAR AS APiY THEREOf IS OF RKORD THE SAME SHAII BE PROlNPTtV 5.~11SfIED ANO OISCHARGED OF RECO4D AMD THE ORIGlNAI OfFIt1Al OOCUMENT (SUCH AS FOR INSiAN~E, THE TAX RECEIPi OR THE SAi1SFACTION PAPER OFfICIALIY ENDORSEO OR LERTIFIED) SHAtI 8E PLACED IN TNE HANDS OF SAID AI~ORTGAGEE WITHIN TEN OAYS NEXT AFiER PAYMENT; and in the erent tha! ~ny tFKreof is not pa~d, s~r'sf~ed and d~scfisrged sa'd MORTGAGEE may at any t~r~e pay the sa~.u o~ anr pa?t thereof wirhovt wsivi.g w a(fecr~ng any option, lien, puity a ~~ah• under or by vutue of this mortgage and Ihe f~ll rmount of each and every svch payment shall be immed~ately due snd payabk and shall beu interest ~+orr the dare thrreof unril pa~d at rate of n;ne per ce~+um Fe? annum and ro~ethr w~th svch inte.est shall be sec~red by the !:en of th:s morytaqe. . 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