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HomeMy WebLinkAbout1472 - - . 26 t h Nove a~be r A.D. 19 71 ~rWee~ TNIS INDENTURE. Made the day of _ Phyllis C Smith~ a sinale adult i of $t . Lucie Counly Florida, hereinafter designated as the "MORTGAGOR." a~d fIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a mrporat~on wyanizcd and ex~iti~g under fhe Iaws of the Un+ted Siuoi ef Ameriu •nd haviny its p~~nupal pl~ce of ~~~s~~wu in tM City of Fort Pitrca, St. luci~ County. Flwida, hereinafter desiq~ated as tM "MORTGAGEE." ~ WHEREAS the MORTGAGOR is justly indabted to the MORTGAGEE in Ifie sum of j 12 ~ 8~~ ~ , good and lawiul moneY oF the Un~ted S~afes ad~ancad by the MORTGAGEE un~o the MORiGAGOR, as ev~denced by a certain prom~ssory note of even date herewnh, of wh~ch the iollowirsy in hords and fi9ures is a rrue copy, to-wit: s12,800.00 ~ 3-19,673_ Fort Pieres, Flw~da, November 26~ ~q71 ; i fa valve received, 1. we a either of us, promist to pay, without defaltation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATtON OF ~ORT DIERCE at Fort P~erce, Fbrida, the sum of S 12:-~00• w;th inre~est irom date at the rate of 8•~ 9"o pe~ annum, in monthly inslall- ~ r~~ts as folluws: S 108. 0~_ LSL day of JanuarY 19 72 snd a like sum on the correspond~ny day of each month there- 3 at~er until the whole be (ully paid. ~ - Each installmem first shall be applird in payment of the interest and then on the unpaid balance of the prinupal sum. If d~ult k mads io the ;,,ment of any insrallment when due, and such default continues 30 days, thrn at the opt~~n of the holder, and without sny other notice, al1 the remaining C nsrallments shail 6e due and payable at once_ Privilege is yiven to prepay this note in whole w in part at any time without pena~ty. Neither fwebearancr, r.~r acceptance by the holder thereof after any defavlt in any payments hereon, shall be deemed extensio~. A late payme~t charge of Z S•'40 shstl be ~ ; d;led to each installment remaining unpa~d 7 days afler its due date, and a like sum shall be addrd to each svch ins?allment remaining unpsid 7 days ~fte~ each succeeding payment date. Each maker, surety and endwser hereof, jo~ntly a~d sevsrally, wa~vea demand, presentment protest and notice of pra~est for ~onpayment, ~nd further . a,iees to any extension of t~me of paymcN, either befo~e or aiter maturity, without not~ce to a~~y of us; snd to pay all zosts of collection, includ~ng • # . .~~asonable attorney's fee in the event of any defauit hereunder, and hereby severally waives alf benefit of homestead and eaemption undet the constitution ~ _ ~,d laws of each State of the United Sfates, as sgainst this obiigation w any eateaswn o? renewal hereof. ~ W~tness the hand and seal of each party. ; s/ Phyllis C. Smith, ~Au i a single adult ~ (SEAL) \ • ~~u ~ 519.20 . cs~"u ~ 1 State Revenue ~ t As~c wwan~ts~ sn~.s~~o+h kOW, THEREFORE, the MORTGAGOR fw the purpose of securi~g payment of said sum of s 12 ~ g0~. ~ snd the performance of the ! covenants and sg~eements hereina(ter eap~essed, and fo~ d~vers good and valuable considerotions, by these presents, does g.a~t, baryain, sell, remise, ~ ~ _~:ease, convey and confirm unto the MORTGAGEE, its succeuon and auigns, all that certain lot, piece w Fucel of land, sitva~e, lying, and beinp in the ~ ' County of St. Lueie and State of Fbrida, dewibed as follows: i € F Lot 8, Block l~i, PIN6WOOD SUBDIVISION, as per plat th¢reof on file in Plat Book 5, page 24, Public Recozds of St. Lucie ~ ~ ( ~ ? County, Florida,.i ~ r ~ x `t ~ a ~ f < ~ ` RECEfl~ED IN PAYMENT OF TAXES ~ ~ t,.' ` D"E CN ~.LL^S 'C' INTA.qC!BLE PERSCNAL PROPERTY, ~ Y ` l.~ 1 ~ P. .S_,J.~ .0 C'rUtPT_R [J72i, ACTS Of 1941. j 4 ti~°` Y.~1'_ ; ''~G.-R PCl:~JIS, Cletk Circuit Ceurt - . ` c i ~ ~.,C _ r_~r~ ~~24 as Agent toT CANIEL N. KNOWIES, JR. ~ v~ 7. ~„5,z~ _~~.-=1s~~-~ St Lucie Courty Tax Cellector ~ ~ 2 " . ` ~ z J~ ~ rc~ - Br l ~~~zL ; ~ V ~4?\ ~9~~~„ ii J, P~• u~urr ct~x ~ " . ~ ~ ~ together ~nfn all and singular the tener.~ents, he~editaments and appurt~nces thereuMO belongirg a in mywise appertainirg thereto. ~nd sll rents, iuves, s proceeds end prof~ts accruing and to accrue from ssid premius, all of which ue included in tAe sbove and fwe9oirg dewiption and Mbendum. ~ TO HAVE AND TO HOLD the sbove described and granted premises unto the said MORTGAGEE, its s~ccessors and auiyns forever. Md tM ~+id MORTGAGOR fw her hein, executors, sdministrato~s +nd sisigns, hereby covenants with the said MORTGAGEE, its succlssors and auipm, rhat - She 1S____ ~awfulty set:ed of the said premitea in fee simple; that 1M ssme are free, clea~ u+d diuharyed irom all liens snd ~ncum~ brances in Isw or in equity, and that ghe will and he= heirs shall wurant and defend the title to the sartw to the said MORTGAGEE, its successors and auigns, fwever ags~nst the Iawful claims and demands of all persons; = PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbe~ote dewibed snd th~ll huly, promptly - and fully perform, diuMrge, execute, compkte, comply with and abide by each and every the ttipulations, agrecmenta, conditions and twenants of uid - promissory ratt and of this Mortyage, then this Mwtgsge snd the Est~te hereby cre+ted sh~ll cease and be null and void- = IT IS UNDERSTOOD that the wwd "N4wtg~gor" wF~ether in the •inguiar or plursl anywhere in this Mortgaye, shall be singular if one only and - sha:l be plur~l jointly and sever~lly if mwe than one, snd that the word "thei?" as used ~nywhere i~ this Mortgage sMll be taken to mean "his;' "hen," or "its;' whe~ever the context w implies a admits. Alw, thst whcrever there is s reference in the covenants and sg~eemeMS herein cont+ined to ~ny of she p~rties hereto, the same shall be construed to mean si well as the heirs, leg~l represemativd, sutcessas and assi9ns (either voluntary by ~ct of th~ parties or involuNary by operation of tt~e law) of the same and ihat the covenants herein contained shall bind and tF?e benefits and ~dvant~yes inure fo the respective bein. kgd represematives, successors and au~gns of ths parties hereto. And said Mwtgagors, fw themxlves and their heirs, legal reprexntatives, successors and sssigns, hereby jointly and severally covenant ~nd ~qree _ ~o ~nd with the said MORTGAGEE, its succssors ~nd suegns: 1. To p+y •II and sirgvlar the pri~cipa{ and interest and the various and sundry svms of money payabte by virtue of said promissory note, and this mortgage, each ~nd every, promptly on tF» days respedively the same sev~rally becort~e due. = 2. 7o pay ~II •nd ~ing~lar the qxes, asse~smenb, levies, liabilitie~, obligatio~s and enc~mbruxes of every nature and kind now on said dtsuibed - property, w that hereafter may be wnposed, suffered, placed, levied, or ausased therew~, or that heresfter msy be levied or ~ssessed upon this Nbrt~- - age, a the indebtednsu secured hereby, exh and every, whee dve ~nd payible, scco.d~rg ro law, before they become delinqveM, and b~for~ ~ny Interest arraches w any penalty is incurred; AND INSOFAR AS ANY TNEREOF t5 OF RKORO THE SAME SHAII BE PROMPTLY SATISFIED ANO ~ISCHARGED OF RECORO AND THE ORIGINAL OFFICIAL DOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SAtISFACTION PAPER OFFICUIIY ENOORSE~ OR CERTIFiED) SNAII BE PIACED IN THE HANOS Of SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in tire even~ ~hef enr t'eet~eof is not - pa~d, saYSfied and dlscharged sa:d MORTGAGEE may at any t:me pay the ssme w any part thereof without waiving or affccting any option, lien, equity a •~qht under w by virtue of this mortgage and the fu~l amo~nt of eacn ~no every such paymcnt shatl be immediately due ~nd payable and ihall bear interest i.om the date thereof until paid at r~te of n~ne per cent~m per annum and toge r~yv nte~~~~ecured by the lien of th:s morytage. ° 1` I~~