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HomeMy WebLinkAbout1754 219'?'Ofi ~ ~ • TNI$ INDENYURE. Mad~ the 22t1d da o~ ~Vea~@r era ooper an r ey oo~er, h s w te A'~' 1971 ~`tW`~~ of St • 1.1iC~@ ~p~~y Fla~da, hereinafter deaignatcd as the "MORTGAGOR," and FIRSf FFOFRAI $AVlNGS AND IOAN ASSOCIATION OF fOR? PIERCE, a corporar~on orpan~zed and exitun~ unda the lawi oi ~M Un~ied Sq~~~ of Amefu and haviny ib principal ptace of bus~n~u in th~ City of Fort Piace, St. l~ci~ County, Florid~, fier~inaft~r desipr.ared +s tF~ "MQRiGA~GEOE:~ ' WNEREAS th~ MORTGAGpR is justly ind~bted to ths MORTGAGEE in 1M sum of f good and tavrful mo~ey of fhe Un:ted Sra~es advanccd by ths MU1t?lantaEE un~o tbQ MVMIVNV~JR. ea e.+.;o~~.cd ~y a:.._:~ ;+~~+mluay note of even da~e hmew+th, of wh~ch ~he (oi~ow~nq in ~+ord~s~and f~9Our ~ a trw topy, lo-wit: s . • ~ 4-17,659 F«+ Pierce, Fra~d,. Nov~aber 22 1971 ~ fw value ?eceivcd, 1, we a either of us, prom2Ot; pay, t defalcation, to the order of FlRSI FEDERAL ~ 1~ 5 AND IOAN ASSOCIATION Of ~ORT PtERCE at Fwt Pii~yegFlq~i~a, the sum ~Sjt ~O rC wnh interest from date at the rate of _ • ~y pe~ a~num, in momhiy inala~l- ~~rn:s as fo)!ows: S 1~ on the day of 19~2 •nd a fike sum o~ the carespond~np day of each mooth thcrr airer ~ntil the whole be fully pa;d. i Each installment first shall be appl~ed in psyment of the interest and then on the ~npaid balance of the p~~nc;pal sum. If d ault is msde in ihe ; : a,ment of any ins!a!lment whe~ due, and suth deiautr continues 30 days, ~hrn st the option of the holder, and witho~t any other not~ce, all the remaining ~ : •:;ra iments s ail be d~e and payaok at once. Privilege is given to prepay this note in whole w in part at any t~me w~~hout penatty. Neither faebearance, j ~,~r acceptance by the holder thcreof a(~e. any defauit ~n any payments hereon, sAali be deemed e:tcnsion. A late payment charge of j 8~45 , shall be ~ -~~ed to each instafirnent remaining unp~~d 7 days after its due d~te, and a l,~e sum shal! be added to each wch installment remaining unpaid 7 days after } e3ch succeed~ng payment date. i ~ Each maker, surety and endorser here~of, jointly and severa~ly, wa;ves demand, presentment proteat and not~ce of protest fw nonpaym~nt, and further >3rees to any eriens~on of ume of paymer,t, c::!:rr vef~+r ~ a!te~ ~++wru.~ry. W~rhout nonce ro any of vs; and ro pay sU costs o( co~l~tion, irxlud~n9 • ~~+sc+nebk attorney's fee in the event of any defauh hereund~r, and hereby severally waives all benef~t of homestead and exemptio~ under the constitutron ,,d laws of each State of the Un;tcd S~ates, as aga,nst this obi:gation p•ny er~ension or renewal hereof, W~tness tFx hand and seal of each party. s/ Gerald Cooper ~~^i~ (SEAI) s,! Shirley Cooper ~AU t- • 75 ~ State Revenue ~u iGrwn~ MwMliai ~w ~+iginri..r~1~) NOW, 7HFRFFORE, the M4RTGAGOR fo? the pu?pose of securing payment of sa~d sum of S 2O and the performance of the cove~ants and agreemems here~nafter e:prcued, snd fw divcrs good and vslu~ble cons~derat~ons, by these presents, does grant, ba~Qain, sell, rem~se, •r ease, convey ~nd confirm unto the MORTGAGEE, irs successws and asaigns, a~! that certaen lot, pieu or parcel of land, iifuate, lyin9, snd being in the ~ County of St • 1'~C Y~ and St~te of Fbrida, drscribsd as follows: i ~ ~ All of Lot 29 and the West 33~ feet of Lot 28, B1ock 2, WAGNER SLBDNISION, ; i . ~ ~ as per plat thereof on file in Plat Book 9, page 74, Public Records of St. ~ s ; ~ Lucie County, Florida~ ~ z ; ! t t E C k t E ~ STATE oF ; j z_, DOCJNfENTA ~F S~ R I ~A RECF,v~,, - iM AA~?+ ..,EYi OF T~!(pS 3 _ _~C1=71 a tr DUE ON CUSS C' lHiA':ClBLE ."f°SCyA1 pROpER~Y, " p = - PURSU/L'it TO C':=P7_R (072v. ACiS Qf I~?. ~ _ ~ V e`crr.w etr~?ryc z 3 0 7 5.~ ~~G: R PO!'fJ1:i. Cle: k C~rtu;t Co rt P.8.11v11! - a$ ~ u _ Agert fcr f~11~~t N. Rl~C~1LES. JK ~ St lacie Cour.ty Tax Celrector f Br ~ < ~__~.~J DEPUiY CLERK s ~ ~ogether with all and :ingul~r the tenemcnts, hereditaments and appurt~nces thereuMO belwging or in ~nywise sppertaining thereto, and a!! r~nts, iss~, ~ Droceeds and prof~ts ~ccru~rq and to accrue from said premise:, all of whici~ are 'encluded in the abovs and faegoinp descriptioe? snd habendum, i TO HAYf AND TO HOLD the above deu:~bed snd yranted prcmises unto the said MORTGAGEE, ib successort and ~ssyns forew~. Md ttw taid th[at r MORTGAGOR fa - heirs, executws, sdministraton and assigns, hereby covenanri with the s~id MORTGAGEE, its successws ~nd ~ssigro, rhat the~ are l,~~i~ u1zed of the sa~d Y premises in fee •imple: that tfie ssme a~e tree, dear ~nd discharyed from ~II liero ~nd ~ncvm- brancd in law or in equity, and that thev w~~~ t~1Q~ hein shall wsrrant and defend the titlt to the surw to the s~id MORTGAGEE, its succeuors and assi9ns, forever sgainst the lawful claims and demandf of ~II perswn; PROVIOED, ALWAYS thst if the MORTGAGOR sh~tl pay unto the MORTGAGfE the promissory rate here~nlxfore desuibed and shall truly, promptly : and futly perform, d~xharye, execute, complete, comply with and ~bide by each and every t1ro stipulations, aqreements, conditiora and.covcnann of said promiasory note and of this Nbrtg~ge, tT?en this Mortgsge and the Eitatc hereby ueated th~lf uase and be nutl and void. IT ~5 UNDERSTOOD th~t the word °MwtQsgor" whether in the singular a p~ural ~nywhere in this Mutgsge, shaH be sirgulu if ont only and shall be plural jointly •nd severally if more than one, and that the wad "their" as used anywhere in this Mort9aye ihsll be taken to me+n •.his•• •,h~n;• or "its;' whereve? the context so implies or admits. Also, tMt wherever thcre is a?eference in tM covenanb a~d ayreements herein cont~ined to any of the parties he?eto, the same shall be construed ro mean u well ~a the he;rs, leyal rspresent~t'nes, successora ~nd assigns (either volunury by ~ct of th~ psrties or involuntsry b~ operation of the Iaw) of the ssme and that the covenants herein coM~ined shall bind ~nd the benef~ts and ~dvants~es inure to the respective heirt, {e9al represe~tatives, tutcesson and ass~gns of the parties heteto. And said Mo?fgagors, for themsetves and fheir heirt, leg~t repreuntativa, succesaors and auigm, hereby jointly ~nd severiDy cov:n~nt •nd ~yree ro and wirh the said MORTGAGEE, its succeuors and assiyrn: 1. To pay all and •~ngula. the principa! and interest snd the var~wn and sundry wms of nwney payabk by virtue of said prom;ssory note, and rhis mortgaye, e~ch and every, promptly on the days respectively the same severally becomt due. 2- To paY a(1 and •~npvi~r the taaes, assessmenri, kvies. iiibiliries, obliqations and tncumbances of every natw~ ind kind now on said defctib~d prope?ty, w that he.eafter may be imposed, svffered, pl~ced. levied, w ~ssessed thereon, a tF?at hcreafter may be levied a uses~ed ~pon this MwtQ- +ge, w the indebtedneu secured hereby, each and every, whe++ d~e ~~d payabk. ~ccwdiny to bw, before they become delinQuent, and befor~ ~ny int~resr ' a»achet or any penalty is incu~red; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL dE PROMPTLY SATISfIED AND DISCHARGED OF i RECORO AND THE ORIGINAL OfFICIAI DOCUMEtJT (SUCH A5, FOR INSTANtE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENpORSEO i OR CERTIftEG) SHA[l 8E PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN JEN DAYS NEX1 AFTER VAYMENi; and in t?~e event ti?~t ~ny thereof it not f pa~d, sat sficd and d~scharged sa:d MORTGAGEE may at any ttme pay fhe s~me w any part thercof without wsiving w effec~fng any optiw~, lien, eQuity or ~ ~~pht under w by virtue of this rrwrtgsge and the full amovnt of each and every svch pa~ment shall be immed~stely dve and payabte and shalt be~r inte~esr ; ~~om the date tluitof until paid a~ rate of n~ne prr centum per annum and toy F ty~ ~ntereft a~J! _~secured by the lie~ of eh:i moryta9e. f BG~:1i~~ f'1GF175 _