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HomeMy WebLinkAbout1651 ~ 221598 ~ • THIS INDENTURE, Mad~ the ~th d+y of J~ua~ A.D. 19~72 betwcen Domthe Gerretson, a sing2e adult of St. ~.L1Ci@ Ccunty fiorida, htreinafrer desgn~ted as the "MORIGAGOR." and F)RST FfDERAI SAVINGS AND IOAN ~ ASS~CIATION OF WRT VIERCE, • torpwal~on wganizrd and ex~st+ng ~ndat tFN laws of the United Statos of America and having in pri~cipal place of b~un~u in ths City of fort Pierc~, St. lvcis Covnry, Florida, haeinaher desiyruted as tM "MORTGAGE'c:' WHEREAS tht MORTGAGOR is j~ntly indebted fo the MORTGAGEE in ths sum of S22L3~'~ , good and lawful money ~t the Un~ted S~etes advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by • terlai~ promisswy nple of even date herewith, of wh~ch the foilowin~ in wordt u+d figurea is a true copy, lowit: ~22,~00.00 3-t7,784 Fort Pierce. Florida. January C~ ,19 72 fw value received, 1, we w cither ot us, pram;se to y, without defalcatio:i, to rhe o~der of FtRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIFRCE at Fort Aiqrce, Fb~ida, the sum of ~ 22 ~ 3~ w;th interest irom date at the rate of T• 7~°e per annum, in moMhly instsl{- ments as fol!ows- F~'~ on the ~ s day of MaV , 1q72 and a like wm on the carespond+ng day of e~~ moroh +here- after unlil the whole be fully paid. Eath instaliment first shall be appl~rd in payment of fhe interest and then on the unpaid batance of the princ~pal aum. If d ault is mad~ in fh~ F'~/+nent OI aoy installment when due, and such dciault continues 30 days, then at the option of the hoider, and without any other n„-•tict, all ~he r~rr.aining ;nsrallments shall be due and payabte ar once. Priv~lege is given to prepay thit note in whols w in par~ at any t~me w~thout penalty. NeKlter forebearance, no~ acceptancs by the holde~ thereof after any default in any paymenta hereon, shall be dcemed eYtens~on. A late peym~nf charye .~f 20 , shsli be =dd~d ro each instaltment ~emaining unpa~d 7 days after its due dste, and a like sum shatl be added to each such installment remsinin9 unpaid 7 days after each succeediny payment date. Eath maker, surety and e:~daser he~eof, jolntly and severally, waives demand, presentment protest and notice of p~otest {w rtonpayment, and funher agreet to any eatension of time of payment, eirher before or afrei matur~?y, without noY~te fo any of us; and tp pay all costs of collection, incl~d~ng a rc~:onable atto~ney's fee in the event of any default hereunder, and hereby severatly waives all benefit of homes~ead and exemption under the to~stitutan ~nd laws of each State of th~ United States, as aga~nst this obGga~ion w any extension or renewai hereol. Witness the hand and seal of each part~. s/ Dorothe Gerretson, a single a~ (SEAI) (3EAl) ~33.45 ~`U 1 Stete Revenve 25Ten+~ Cin+e!lMetl-on-~r:gi.~st-no~e) ~ NO'IV, THEREFORE, the A10RTGAGOR fa the r ng pay 22f3~•~ pu pose of securi ment of ss~d sum of = •nd the pe?formance of tM covenants and s~reements hcreinafter expressed, and fw divers 9ood ~nd valuable consider+tions, by thess presenta, does grant, ba:gain, selt, remise, reieesl, convey and cenf~rm ~nta the MORTGAGEE, its successors and auigns, aA that ce~tain lot, piece p parcel of land, sit~ate, lyinq, and being in ths Couny of St. Lueie and State of Florida, dexribed aa follows: Iat 1?, BZock 2K7, PORT ST. LUCIE, SEC`TION 21~, a ~ subd~vision according to the plat thereof recorded in Flat Book 13, page 31 0_° the public records o° ~ St. Lucie County, F"lorida ~ r ~ A E~~ ,a o ~ k ~ - S,AMP r ~ ~ p = JAI~f-6'72 ~ ~''~.a~~~_ Rfr A~ /G• V? V = - ~ = F~' S. F E D.fn~. ~~Eii.Sf f[~ikbE . t 3 3 4 5 ~ ~ ~ r~4s, ;t~ ~ - ~ar~~F., ~?8. ~90~ ~2 - ~ue47 ~•~'i~~„_~ T ~F TAX 1~ ChAPiE~{ 71.1~. Ac^5 ,~~1~ ?:t,i,~E:tiy~ R4i,Eff PpIIRAS, C;rrt ~IS pF j~~i, uit C;,u~ SL luc;e Co Fla. togNher with •II a~d singular the tenements, hereditaments and ~ppurtsnces iherevoto belonging u in anywiu ~ppertai~inp thereto, ~nd all rents, issues, p~oceeds and profin ~ccruirg and to acuue from ss;d premises, sll of which ~re includ~d in ths above and fweyoirg dsscription ~nd hsbendum. TO HAVE ANO TO HOLD the ~bove desuibed ~nd 9rsmed prcmises unto rhe said AhORTGAGEE, its successors ~nd aisiqns fwever. Md 1M s~id h50RTGAGOR for her_____ ~;~s, executors, administrators and •ssigns, h~reby covenants witF~ the said MORTGAGEE, in succassws and ~aiyro, rhat - she-iS Iawfully sei:ed of the said premisei in f~e simple; that the sam~ ~re fra~, ck~? a~d discharyed from all lierq and ~ncum. brances in law or in equity, ~nd that she W~~~ her hein shall w~rrsnt and defend the title to the tam~ to tM said MORTGAGEE, its successas and aasigns, faever again~t the fawful cl~imi a~d dem~nds of ap perwru; PROVIpED, ALWAYS that if the MORTGAGOR ~hall pay unto the MORTGAGEE ths promisaory note here7nbefwe dewibed a~d thall trvly, p~omptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulatio~, ~greemenb, condhioni and coven~nts of ~aid p~om~uory not~ a~d of thi~ Mortgaye, then this Mortgage and the Est~te hereby ue~ted stull cease ~nd be null arcd void. IT IS UNDERSTOOp that the word "AAwtysgor" wF+erher in the s7ngular or plwa! anywhers irt th;s Mortga~s, shall bt singular if on~ only and ~h~ll be plur~l iointly and ~eve~~lly if mae than one. and that the wwd "their" at uted ~nywhere in this Mortyap~ shsll be taken to rtKan "his:• •.htn•• or "its;' wherever the context w;mplies or admits. Also, thst ~Nhcrever there is a reference in th~ cover?anb ~~d ~yreements herein contained fo any oF rhe partie~ hereto, the sams ahall ba construed to mean as well ~a the heirs, 1e9~1 r~presentatives, wccesson and assi9m (either wlunt~ry by ~ct of the parties w involu~tary by operation o~ the law) of the i~me and that the covenants herein comained shall bind and the benefits end adva~ta~q inur~ to the respective heirs, legat rcpreie~tatives, tuccesso~s and su~gns of the paitie~ hereto. Md taid Mwr9agors. Fo. rhemselves and their heiri, 1e9~1 r~presentitives, iuccessors ~nd auign~, hereby jointly ar+d ~everal{y covenaM and a9r~e ro ~nd with ~he ~aid MORTGAGEE, its auccesso~s and asai9ns: 1. To p~y •II and sinpul~r the printipal and interest and the v~rious and sundry sums of money payable by virtve of said promissory not~, and thii morty~ye, exh •nd every, p~omptty on the days rsspectively tFK s~me kverally become due. 2. To pay •H •nd singvln the taxe~, ~ucasmenn, levies, liabilir;es, obligations and ~ncumbaances of every natvr~ and kind now on ~aid dewibed property, w ihet hereafter may be imposed, suffe~ed, placed, kvied, a assessed thereon, p thst F~ereafter may bt levied or ~sed ~pon this MatQ~ ag~, w 1M indebtedneu uc~.ed Mereby. e+ch ~nd every, when dw aod pay~ble, accwdirq ro law. befw~ tMy bccome delinquen?, and befae ~ny Inf~~e~t anaches o~ ~~y penalty is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORO TME SAME SHAII sE PROAMTIY SATISFIED AYD OISCHARGEO OF RECORO AND iHE ORIGINAI OFfIC1Al DOCUMENi (SUCH A5, FOR IN$1ANCE, THE TAX RECEIPT OR THE SATISFACT(ON PAPER OfFtC1ALtY ENDORSED QR CfRTIFIED) SHAlL BE PIACED IN INE MANUS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; •nd i~ the event that any ~hereof is rwt pa~d, sat'sfied •nd discharged sa:d MORTGAGEE may st any time pay the same w any p~r1 thereof withoul waiving pr affecting any option, lien, equ~ty w •iQht under o? by v~rrue of this mor~gage and the full amount of eath s~d every such paymenf s1u11 be immediately due and payable and shal) be~r inlerest F~om the dare thereof ontil pa~d ar rate of nme per centum per ~nnum and toyetner w~th such intere~t ahall be secured b the lien of th's motptaye. ~~198 ~1fi~