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HomeMy WebLinkAbout0767 . ; IGr ~iQ..T C7 ' U THIS INOENTURE, IH~de the 23rd d~y o~ DeCe~bet ~ A.D. 19 71 betv.een ~ Lillie betha, a widbW ~ ~ St Lucie ot • Cou~ty Florid~, hereinafter detg~ated as the "'MORTGAGOR," and fIRST FEDERAL SAVINGS ANp •l N ASSOCIATION OF FORT VIERCE, • mrporat~on wgani:ed and ex~s~ing under the lawi of the Un~ted Staeos of America a~d having itt prinupal pl~ce of buun~~s io tM City of fwt Pierce, St. lucie Coumy, Florida, hereinaf~er ds~~y~+~ed as tM "MORiGAGEE:' WHEREAS tF+e MORTGAGOR is justly indebted to 1he MORTGAGEE in the sum of S~~ 700• _ 9oed and la.vf~l meney ot the Un:~ed S!ates adva~ced Dy the MORTGAGEE unto the MORiGAGOR, as evidenced by s certa~n prom~sswy note o( even date hrre~ah, ol wh~ch the iollowinq in ` ..orda and tiyures is ~ trve copy, to-wi~: s ti,7U0.00 r.~, 3-17~76~ Fat Pierce, Flaida, ~ce~ber 23. ~q 7~_ Fw value rece~ved. 1, vve o~ either of us, p~om~se to pay, wi~hout defalcat~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCfAT10N O~ ~ ~uo. ~o FORT PIERCE at Fort P~erce, Horida, the sum of s__1_____~ w~~h interest from dau af the rote of a! __?o pe~ annum, in monthly in~talt- 1 ~~enn as toiioavs: j_ dS, iltl _1 si ~ay ~f Febzuarv ~e 72 . c~~ +h. ~.,..vaM~d~nr~ day of each month there- #j o.~ar the w~a:C .~>E aid. i E Y Each lnstallment first shall be appl~rd in payment of the interes~ and then on the unpaid balance of the princ pal sum. If d ault ia made i~ the i ; a~mem of any imtatlment when due, and such default continues 30 days, then at the option of the M:der, and w~tho~~t any other notke, afl the remaining i ~~sialtrtKnts ~hall be due and payabte at once. Privileye is given to prepay this note in whole w in part at any time w~theut penalty. Ncither faebea~uxe, nor acceptance by tM holder thereof after any default in any payments hereon, shall be deemed extension. A Iate payment charge of S-2' 2~- shalt be .~dded to each ins~ailment remainiog unpa~d 7 days after its due date, and a hke sum shall be addrd to each such ~n~tailment remaining unpaid 7 days afte~ each succeed'u+g payment dare. Each make~, surety and endorser he~eof, ~o~ntly and severally, wa~ves demand, presentment p~otest and notice of prores? fw nonpayment, end further ayrees to any extens~on of time of payment, either before or alter mawrity, wi~hout notrce to any oF us; and to pay all cos!s of coliect~on, inctud:ng s ~c+sonable avomey's fee i~ rhe event of any default hereunder, an~! hereby se~~erally waives all benefit of homrstead and e.rmpt:~ under the cw+stitution ~,d laws of each State of the United States, as sgamst this obGgation w any eatenron w renewal hereof. Witness the hand and seal of esch pa~ty. s/ Lilli-~ Betha (SfAI) (SEAI) cs~?u t_ ~7 • U~ 1 State Revenue ~AF~sI111flfed~lRitl~kfskQOR) ~ 4 70~• and the rfwmance of 1hs NOW, THEREFORE, the MORTGAGOR fa the purpox of secvring payment of said sum of : ~ P~ covenants and agreemenrs hereinafter exp~essed, and for d~vers good and valuable considerations, by tF+ese presents, dxs g~ant, barga~n, iel:, remise, ~r~ease, convey and conf~rm unto the MORTGAGEE, its successors and sssigns, all that certain lot, picce or parcel of land, siiuate, lying, and beiog in tM County of St . LUCle and State of Fbrida, desuibed as (ollows: Lots 7 and ~i, Block 1, SH4FER' S SUBDIVISIOiV, as per ~Iat thereof on file in Plat Book 7. page 26, Public Records of ~t. Lucie County~ Florida,r 4 i ~ ''s ~ 5 t ' RECENF9 ~ ~ r IN PA'/HF"IT dF TA~fES r ~ % t! S( J-`. i i ' i- `~..1 n D'JE ON CIA~S 'C' IN?A."~~!9CE PE^S.i++. P,OPEFTY. . • ~ - • ~ PI:~Si:A~iT TO Ct'.~?T;R ~~72~3. .4r'S 0~ i:91. ~ ~ Z ~-~•-.v,•-~: RQG~R PLI~,^,i.5, ~:.e:k Cr~ut Ci;;:t ' J ~ = J~~?j'-Il . `~i~ : i.., _ ' s o 7~1 aS Age~t fct [.'.°;1~:. ~J. h~atJl,l_L.J~ ;4. ~ N U s°:=;°= '`,-'?''f,~ ~ = Si lucie Gou.:t~ Tax Co~{utor ' E?L~.?vo~~i ~ - / z ~ <,~7lC~ ~ r ~ /i u~unr c~ex ~ ~ ~ 4 ~ ~ f ~ rogetF~ with all snd singular the tenements, hered~taments and appurtances thereunto belonging w in anywise +ppert+~~~~g therero, and all re~ts, Fssuei, proceeds ~nd profits sccruing and to accrue from said premises, all of whith ~re included in the above and fo?agang deuriptio~ and hsbendum. ~ TO HAVE AND TO HOID the above descr~bed and yrsnted premises unto the iaid MORTGAGEE, its s~ccessors and assigns fwever. And the ssid ~ MORTGAGOR fa - --2---- ~~~s, e:ecutas, administrators and assigns, hereby covenants with the said MORTGAGEE, its svcceswrs ~nd ~ssiqm, K: fhat ~+wfully sei:ed of the said premisea in fee simplr, that ths same ue free, dear and dischsrged from sll liens and encvm- brances in law or in equity, snd that will ~nd hein shsll w~rraM and defend the title to the same to the s~id - MORTGAGEE, its svtcessors snd auigns, forever ~gainst the lawful claims and demands of alt persons; PROVIDED, AlWAYS thrt if the MORTGAGOR shalt pay u~to the MORTGAGEE the promisswy note hereinbefore dexribed and shall truly, promptly = and fully perfwm, d~scMrge, execute, comp~ete, comply wi~h and ablde by esch a~d every the stipula~ions, sgreemenb, conditions snd covenanb of iaid - prom~ssory note and o( th;s Mortgage, t}mn this Mortgage and the Estate hereby veated sFiall cease and be null and void. ~ IT IS UNDERSTOOD tha~ the wwd "Mortgaga" whethe~ in the singular w plural anywhere in this Mortgage, shall be sin~ula? if one only ud 'Y shall be plur~l 'piNly and severally if more than one. •nd that the wad "f heii ' as used anywhere in this Mortgsge shall be taken ro mean "his: ••.hen "t o~ "its;' whcrever the context w~mplies or admits. Also, that wherever there is s re~erence in fhe covenanb snd igreements herein co~tained to any oi - +he parties hereto, the same ?hall be construed to mean as wetl as the heirs, leyal r~present+tives, successas and assigns (either voiuntary by ~tl of tM parties a involuntary by operation of the law) of the same and that the covenants herein coMained shall bind ~nd the benefits and advantages inurt to the rdpective heirs, legal representativcs, successors and ass~9ns of the puties hereto. = Md said Mwtgsgors, fw themselves and their heirs, legsl repreu~tatives, successors and assigns, hereby jointly and severally covenant ~nd ayree ro ~nd with tht s~id MORTGAGEE, its successors and ~ssigns: = 1. To pay sll and sinqula~ tFx principal and interest and the varaus and sundry sums of money payable by virtue of safd promissory nots, and this F-,3 mortpaye, each +nd every, promptly on the d~yi respectively the •~me uverally become due. 2. To pay +II +~d sirgular tFx taxes, sssessments, levies, liabilities, obUystiwn s~d ena?mbrantes of every nsture and kind now on said dewibed Proptrty. w that hereafter m~y be imposed. suffered, Plated, levied, a+ssetsed thereon, w tMt he~esiter msy be levied or +ssessed upon this MortQ~ = agt, w tht ind~btedneu secured he~eby, e~ch and every, when due ~nd pey+ble, ~ccordirg to I~w, before they become delingueM, ~nd before ~~y intereft attaches or any penalty ~s incurred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ TME SAME SHAII BE PROMPTLY SATISFIED AND DISfHARGED OF RECORO ANO THE ORiGINAI OFFICIAI DOCUMENi (SUCH AS, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED =:3 OR CERTIFIED) SHAII BE VIAtED IN THE HANDS OF SAID MORiGAGEE WITHiN TEN DAYS NEXT AfTER PAYMENT; and in tke event that ~ny tixreof is not paid, sat"sfied snd discharged sa'd MORTGAGEE may at any time pay the same w any p+?t thereof without waiving or afiecting any option, lien, equity or _ •~qht under w by virtue of this mortgage and the full amount of tach ~nd every such payment shall be immed~ately due and payable and ihal{ bear interest ~rom the date the~tof until paid e~ rate of n~ne per centum per annum •nd toye~{,~, t nre~est ~hstl be secured by the lien of th's morytaye. D ~ aoaK~~ Y~~E 7 ~.y3 ' ~y ~ _ . . . . . . _