HomeMy WebLinkAbout2844 2184~0 b
THIS INDENTURE, Made the 5Lh day of NOVP.]Lb@T _ A.~J. 1971_~ between
_ Thom~s C. Locke and Lynn S. Locke, his wife
of St . ~.i1ClE' County Flwida, hereinafrer desgnarrd as the "b'10RTGnvOR." ~nd iIRST ~EDEi:a! SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporotion orqanized and ex~it~ng under ~he lavvs of the Un:ted Srar~s of A~ne+~ca and hav'u~g its princ;pal pta:e ot
b~s~ness in ~M City of fort P~erc~, St. lucie Counry, Florida, hareinafter des~9~ared as ~he "MORiGAGEE."
K'HEREAS the MORTGAGOR is ~ustly indtbted to the MORTGAGEE in the sum of slB.tDOO.~O , good and la,ntul mo~~ey of the Un:ted
S~ates advanced by the MORiGAGEE ~mo the MORTGACsOR, as ev~drnced by a crrta~n prom~ssory notc of ~,rn dare hcrew+rh, of wh.ch the fJ~:OK~~19 in
.tiords and f;qwes is a vua copy, to-wi~:
~ 18 .000.00 No 3- 27 ~ 592
Furf Pieree, Florida, _ November 5~ ^ 19 7~
For val~e receivrd, I, we or eithtr of vs, prom~se ro pay, wiihout ~efa:car~~n, to the order oi FIRST FEOERAI SAVIIhGS AND lOAN ASSUCtATtON Of
~ORT P!ERCE at Fort Pierce, ilo~~da, the sum of S__181~~'~_ v..ih ~~verrsr f~om dare at rhe IdtN of _?'705 ner an~~um, in monchly insrall-
r~,ts as fo;:ows: S-1`~S,C~ ~~he _ i5L day of ~tarCh , 19 72 _ and a i~ke sum on rne corresFor.d,nq dty of aach monti+ there-
a•rer vnril rhe who!e be fu:!y pa,d.
Each mstallmem fi~sf sha~l be appl~ed in paymem of the interest and +hen on +he u~p.~:d ba'a~ce of the pr;.,c ~;al sum. li d ae.h is made in the
• .,;n,ent of any insta~~ment when d~e, and such defau:t con!~r.ues 30 days, then at the oprrn of ~F.e hadrr, a~ed .v~eho.,t any o~hrr rwt,ce, all the remairting
~ .~~sra'r'mrnrs shait be d.,e ar,d payab;e at once. Prfw;ege is given to prrpay this note in whoie or in part at any F.mc ~tiitheut pcnalty. P~either forebeara~ce,
~a accepfance by the ho~der thereof after any defauEt in any pavmema herren, shall be dea~nrd e~'ens:on A!ara ~aymer.t .narge of S7_.a0 shall be
- ~rd to each instaliment remain~ng ~~pa~d 7 days after it~ due date, and a~~?e su:n sh~lt tk ~u1~•d ro ra~h such ~ns~ai~n-.ero ren,ainir~g unpa~d 7 days after
rich svcceedmg payrt,ent dare.
Each maker, surtty and endorse~ he~eof, jointly a~~d severally, wa~ves de~naRd, presennnent protrst and ~~r~ce of p+otest for Ronpaymant, and turther
~~•aes ro any extens;on of ~~me of payment, e~ther before or afrer matur~ty, witho~t no!.ce to an, of us; a:~d Yo ~ ay all wn~s of co!~er,,un, in~iud;ng a
•scn,~b;e a~romeya fee in the eyem of any defa~'t ~ere~nder, and hereby severa:~,/ Kd~V2S a'+ ber~rfit of hcr•~rs>~ed and exemp'~on under the constitution i
E ~?:aws of each State of the Umted States, as aga~nst this ob~~gahon or any extens~on o~ re~rv.al hereof.
W~~ness the hand and seal of each part~.
; s/Thoma s C . Locke ~ =sEAt)
~ • ~ (SEAI)
x s ynn S. Locke (SEAI)
T
` {SEAL)
' ~2~ ) State Revenue
K
~
' NO~fV, THEREFORE, the MORTGAGOR for the ur se of securi 18 ~00•~
; p po ng psymenf of sa~d sum oi S ~ , and the pe:formance of ths
rt .c~enants and agreementa hereinafter exp•essed, and for d~ve.s good and valwb'e cons~derat:o~s, by these presen±s, dces g~ant, ba~ga~n. se'1, rem;se,
~ eaie, convey and confi~m unto tne MOR7GAGEE, ita iucceaw~s and ass~grs, elf that ce~rain lot, piece or parcel of land, s~t~ate, ly+~g, and being in tAe
County of St . LuC 1~ and State of Florida, descr~bed as fotlows:
~
:1 .
rl
- Lot 2, 81ock 7 of Lakewooc' Park, t'ni*_ 1, as recorded in ?lat Book 10~ page S1 of 4
. }
_ ±he Public Recorc~s of St. Luci~ County, Florida, ~
e<f }
~EWEO S- ~ / R, . ;
_ PU~S ~~S rYTqp`61 ' !N P~YM~ ~
:ti, ~+~i_fl ~ CIiAPT q. elE FE~~N.41 ~ j~3
POI r iJ1S 1L'7? t, Ar, ~g a f 1~RQPERiY,
, cre~ c„cu;t ccun
~ ~der,t f~r DAl1fEi
, ~ • , , . - ~ _ ; ` r ~ ~ ' St Cucie C~~~ H• KNUWifS ~R
' . , , . - t ~4 Tax ~!lectcr
J' _ :t~r-c-: - ~ ~ ,
~-~,:;2ta0 = - ;
N .Ji ii:i:..~~~..?` i
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~ogether w~th a!1 ~nd s;nguls. rhe tenemen!s, her~d~tamenrs and appur~~nces thcreunto belongmg w in anywi~e spperfainisg the~eto, •nd all r~m~, issu~s, ,
procecds and profitf accruing and to acciue f~om sald premises, all of wh~ch are inciuded in the above •nd foregcing description and Mbendum.
Y^ TO HAVE AND TO HQID the •bove described and granted prem~ses unto the said MORTGAGEE, its succestor~ and assigns forever. And th~ said
~ their
_ 410Ri{',AC~ R for he;rs, executws, adm;nistretors and ass~9ns, hcreby covenams with the s~id MORTGAGEE, it~ successors ~nd usi9na,
~hat - tfle-y aze-- lawfully se~:ed of the said prem:ses in fee s+mple; th~t the same are iree, cleir and discharged from sl! lieni and ~ncurr~
brances ~n taw or in equity, end that they W,~~ _ thei r hein shall wsrrant and defend the tiNe to the s~me to the taid
MORTGAGEE, its iuccessors and ass~gns, faever against the iawful cla~ms and demands of all persons;
PROVIDEO, AlWAYS that if the MORTGAGOR shall pay u.+to the MORTGAGEE the promissory note here:noefo~e deuribed a~d •haN truly, promptly
_ and fully perform, d~scMrge, execute, compiete, tompty with and abide by each and every the stipulenpns, agretment~, ca+d~tion~ and coven~nts of •a~d
prom;ssory ~ote ~nd ot thii Nbrtgage, then thii Mortgage and the Esrare hereby creatcd shall ceau e~+d be null and void.
- IT IS UNDERSTOOD that the word "Mortgagor" whether i~ the s~nguiar or p:urel snywhere in th~s Mortg~ge, shall be sinqutsr if o~ only and
~3 shal! be plural jointfy and uverally if rtwre than one, and that the word 'Yhei." ~s used anywhere in th~a Mortgage •hsll be faken ro mean ^his," "l~ers,"
- os "its," whcrever the contex~ ~o irr~piies or admits. Also, that wherever there is • ~eference in the covenants and agreements herein co~tained to any o(
- ~he parties hereto, the same shell be conirrued to mean as well as the heirs, legal ~epresentatives, successor~ and assigns (e~ther votunrary by ~ct of th~
- pa.ties oi invotunrary by oper~t~on of the ~aw) of the same ar.d that the covenants herein conta~ned shnll bind ar.d the benef~ts and advantages inun
to the respective heirs, Iegal representatives, successors and ass gns of the parties hereto.
~ And aaid Mortgagors, (or themselves and their heirs, irgal repreuntatives, s~ccesseis snd ass~9ns, he~eby jo~nrly a~d xverally cover~a~t and agree
ro and with the sa~d MORTi"iAGEE, its successws and assigns:
:~,-z T. To pay att and tingular the p~incFpal and interest and the various sn~ iundry sums of money payab~e by virtue of sa~d prom;ssory rwte, and thit
= mongage, each ind every, prompNy on the days retpectivety the same srverally ~~e due.
2. To pay •II and •~nguls~ the taxes, assessments, lev~es, lubiiiries, ob7~gations and encumbr~nces of every nature and feind now on said dewibed
property, w that hertafter msy be imposed, suffertd, pl~ted, fevied, pr assessed thereon, or tba! bereefter may be lev~ed ar assesaed upon thii Mortg-
= age, a the indebtedness secured hereby, each and evcry, when due +nd payable, accord~ng to Iaw, befwe they become defnquent, and before any interest
atraches or •ny penatry is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII BE FROMPiIY SATiSFtFD AVU D~SCNARGED OF
RECORD AMD iNE ORIG11VAl OfFICIAt DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEICT OR TNE SATISFACTION PAPER OFfIC1AlLY ENDORSED
` OR CERiIFIED) SHAII BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN tEN DAYS N~XT AFTER PAYMENT; and ~n the event that any thereof is no~
pa~d, sat sfied and discharged sa d MORTGAGEE may ar any t:me pay the samt or any part thereof w~rhout wa~v~ng or aifect,ng a~y opt~o~, lien, ~quity or
naht ~nder w by virtve of this mortqage and the full amount of eath and every 3~ch paymem shall be ~mmed~ateiy dve and payabie and Shall bear intere3t
: ~.om the d~te ~he.eof unril pa~d af rare of mne per cenwm pe~ an~um a~d t~e~{+~ ~~~ch' i rr r~r~a(1~ secured by ~he hen of th s morgtaye
~ ~c;~_ ~,t ~ 4
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