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HomeMy WebLinkAbout2705 : . 222339 - THIS IN~ENTURE Mad~ the day of J~uB~ A.D. 19 72 be?we~n Ra4 Arlsn Vickera and Linda McLain Vickers, his xife of S~• ~ie County Flwida, Mreinaft~r desiyn+ted as ths "MORTGAGOR," and fIR57 FEDERAI 5~?VINGS AND IOAN ASSOCIATION OF fORT PIERCE, a co~poration or9anized a+d ea~s~inp unda tM laws of the Un~ted 5~~~~s of Ame~iu and Mviny it~ principal Pi+cs of bus~r~su in tM Ci~y of FoA Pi~rce, St. lucie County, Ftorida, Mr~inat~ d~siyn+ad ~s t1» "MORTGAGEE." ~ WHEREAS tM MORTGAGOR is jwtly indebted to ths MORTGAGEE in the sum of ~8 good and Iswful money of the Un;ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evicknced by a certain promissory note of even dare herew~fh, of which the folbwiny in wordi ~nd fipw~s is a trw copY, to-wit: ~~8~000.00 N,3-17,829 P;e.~.. Fb.~. Januai'7 ~ !t ~s~ Fa val:x rece~ved, I, we a eithrr of us, promix to pay, without defalcat~on, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT VIERCE at Fort Pierce, florids, the sum of 5-28~~~`~ w:th imeres~ from date at the rate of g•~ % per annum, in monthly instell- menn as follows: ~35•~ on the ~ St day of ~'rCh 19~ and a like sum on the cwrespond~n~ day oi each month there- after until the who~e be fully paid. Each instal~ment first ahall be applied in psyment of the i~terest and then on the unpaid balance of the princ~pal sum. If d ault is made in the F~aymerH of any instailment when due, and such default continues 30 days, then at the option of the lrolder, and withou~ any other nat~ce, all the rerruining ~~~stallments shall be due and payable at once. Privilege is yiven to prepsy this ~ote in whole or in pait at any fime withoul penalty. Neither forebear~nce, r.or acceptance by the holde~ the~eof after any default in any payments hereon, shall be deemcd eztension. A late payment charge of = ~ 7 shall be added to each insta~lment remaining unpaid 7 days after iri due date, •nd a like sum shall be added to eacf sucfi instal:ment remaining unpaid 7 d+ys afte~ each succeediny paymeM date. Each maker, su~ety and endorser hereof, jointly and aeverally, waives demand, p~esentmenl protest and notice of protest fw nonpayment, ~nd funher agrees to any extenaron of time of payment, eithe~ before w afie? maturity, without notice ta any of us; and to pay alI costs of collection, includiry • .resonabk attorney's fee in the event of any defauh he~eunder, and hereby severally waives all benefit o! homestead and exemptio~ under the constitution and Iaws of each State of tFx United States, as aga~nst this obGget~on a any exte~sio~ or renewal hcreof. Wirneas tfie hand and seal of each party. s/ Rsp Arlan Vi~kers cs~?u s Linda IicLain Vickers ~,,u c~?u t ~ • ~ 1 State Revenue NOW, THEREFORE, the MORTGAGOR for the purpose of uc~.ing psyment of ss~d sum of S 28~~~•~ snd the perforrnance of ths covenants and agreemenn hereinafter e:pressed, and fw d~ver~ yood and valuable considerations, by these pesents, does yrant, barpsin, ull, remise, releax, convay ~nd confirm unto the MORTGAGEE, iri sucteuors and aui9ns, a!I that certain lot, piete w partel of Isnd, situate, lying, ~nd beiny i~ ths :.ounty of ~t• I~cie and Stnte ot flor6da, des~i6ed a~ fdloti+rs: ~e xesi 23i feeL vi i,i,a r.ast !i~? .e~L af L~ Scuth 351 feet of Lhe North 381 feet of the West ~ of the NW~ of the NF3~, containing 1.85 acres, more or less, in Section 35, ?o~mship 3~t South, ~nge 39 East, St. Luc ie ' County, Florida,t~ f W S 7AT E~F F L O F21 i~ A ; v r,~'.. DOCUMENTAo" STtii~P TA X ~ ~ _ .iANi9'T2 _ ~ = --~"~'4200= ~ tis ocvr.o? ¢Ert?;ut - 1~'~ ~ P,~~solt2 - RECEl:'E~ 5--~~=~~ ttt PFY~!~hT OF ~A`:ES ~ DUE Oti ~tJIS.+'C' INTAAIGI&.E ~ERSi)tiA_ P.i~."~~T, ~ pUR$UA!(T TO GNPTER 71-134. ACTS +~f 1~7I. ~ ROGfR POtiRAS. Cbtk Cirwf! CourL SL tyc+e Co. fla. ~ ~a ~ fogether with ~11 w.d singul~r the tenamen», herediumeMS and ~ppurt~nccs thereunio belapiny or in ~nywise ~ppert~ininp tF~ereto. ~nd all rems, issws. x: p•oceeds snd profin acuuiny and to accrve from said premises. all of which ~re includad in the above and fwepoirg descriptio~ ~nd h+bsndum. k5 ~ TO FIAVE AND TO HOID the ~bow desuibed ~nd yr~nted premises unto the iaid MORTGAGEE, ib s~cceswrs and ~ssipro fw~wr- Md fM s+~d ~ their = MORTGAGOR for hein, executors, admi~istraton and •uiyra, hereby coven+nn with the said /MORTGAGEE, ifs wa.~sson ~aiprr. fhat t'~-y a~ - lawfully seized of the said premises io fee simple: that the sarne m frM, cbu and d'aciwped from dl lien~ and ~eeun? ~ ~ brantli in I~w o~ in equity, and tha* t'~p will and their heirs shall warr~nt and defsnd the title ro th~ s+m~ ro th~ wid ~ MORTGAGEE, its successws and aulpro, fwever apainst the lawful daims ~~d demand~ of aU p~rsons: ~ _ PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unW ihe MORTGAGEE the pomissory note hereinbefwt describ~d s~d tMll trulY. P~^P~~Y and fuUy pe?fam, dixharye, execute, comple~e, comply wirh and ~bide by each and eve.y the aipulatioru, ay?eem~nts, conditiau and covenams of said - promiuory note ~nd of this Mwtgpe, then this Mwtyaye and the bt~te heroby aeated shdl cease and be null and void. IT IS UNOERSTOOD iMt the word "Mortp~yor" whether in the tirqul~r or plwal anywhere in this Mo~ny~e, ahall be sinpulN if on~ on1Y +^d ~ sh~ll be plunl jointly ~nd s~ve?ally if mwe tl+~n one, and that the word "their" ~i used ~nywher~ in tha Morsppe aMll be take~ to m~an "his,•• •'F+~rs.•• or "iri;' wFxrever the context so implies w admin. Also, that wherewr thNe is a reference in the coven+nts a~d spr~emenb herein conuirMd ro a+y of ~he p~nies hereto, the wme sMll b~ coratrwd ro mean ~s well as the hein, le~al rspres~nt~t7va, succeswrs ~rd asti9~s (either wluntary by ~ct of tF~t parties or involuntary by operatiw~ of the law) of the s~me and that the covenants herein contained sMll bind •nd rhe b.rkf~n ~nd advantpes irnx~ ro the respective hein, Ispd representatives, wcceswn ~nd au~yro of the pKties Mrew. ~ ` And said Nbrty~pors, for themselves and thei? hein, (e9al represent~tivas, successws ~nd asspns, hereby jointly snd ssverally covenarN and ayr~e - to and with the said MORTGAGEE, its sutcesson snd +ssiqra: ~ - i M, 1. To p~y all and sirgul~r th~ princip~l ~nd imerest ~nd the variovt ~nd sundry wms of moneY P+Y+bk by virtue of said promiuory note. u?d this ; '~~s mortpa~e, each ~nd every, promptly on tM days resp~ctively the same sev~r~lly become dve. ~ 2. To p+y dl snd sinpvlar ti+e taaes. ~ssessmeMS. levies, liab7lities, oblqatam and ~ncumbr~nces of eve?y n~twe ~nd kind now oo said d~+c*~d ~ w~-' Pfope?tY• a that F~e~he~ may be impos~d, s~ffsred. Plat~d. Ievied, a aa~essed thereon, a tMt her~aftK may be Ievi~d w niea~d upon thi~ Mortp' t aye, a th~ ind~bt~dness s~cw~d hereby, each and ewry, whe+? due aod p~y~bb. accordinp to law, befon they becane delirpuem, and befw~ a+y in~~s~ ~ attathss p any pen~lty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII dE PROMPTLY SATi$FIED ANO DISCHARGED Of ~ RECORD AND TME ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RKEIPt OR THE SATISFACTION PAPER OffICIAIIY ENDORSED 1 - OR CERTIFIE~) SHALL 8E PlACEO IN THE HANDS OF SA~D MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; and io the eve~t that u?y thereof is oot t v~= paid, s~t'sfied and dixMrged said MORTGAGEE may ~t any time pay the same or ~ny p~rt therwf withovt waiviny or ~ffectinp ~ny option, lien, equity a ~ •~qht under w by virtue of this mo•tga9e and the full amount of each •nd every such payment shall be imrt~ediately due ~nd p~y~bk and sMll bear interett a~: ~.om the date fhereof until paid et ~ate o( nine per centvm per ~~num and t a~r~~ ~~1yL~ j~ secured by the lien of th:s morptaye. ~;t ~ o w - ~ ~ _ _ - ~z _ , ~ . _ , t- x~