HomeMy WebLinkAbout0457 ;
v
THIS INDENTURE. Mad~ the 20th day p{ Janua ry A.D. 1972 ~ betw~en r
Clauc~e C. Davis and l.illian M. Davis. his wife
af $t. Lucie Cp~~~y floi~da, hertinaftN deiignated ss the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ co~poration or~ani:ed and exiiting under the lawt of tM Unit~d Sutw of Am~rica and havinp ib princip+l plac~ of
bus~ntu in tM City of Fat PiKU. St. l~cis Couny, Flwida, I1tNIMNN <IN1~Mtfd at tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly ie?dsb~ed to ths MORIGAGEE in the sum of =1 S. 5~.~ good and lawful mon~y of thc Un~ted
Srates advanced by the MORTGAGEE unto ?he MORTGAGOR, as evidenced by • certain promiuwy note of even date herewi~h, of whKh ths folbwiny in
words and figures is a trw copy, to-wit: 17 ~ 855 ~
~ 1 S , 500. (10 t~-
Fort Pi~rce. Fi«~. Janua ry 20, 19 72
fw vatue received, 1, we or either of us, prom~se lo~+Y without defalcation, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION Of
FORT PIERCE at fort Pierce, florida, ths sum of S 15 ~ SW w;th interest from date at the rate of 7•7 SO% pe~ annum, in monthly inatall-
«,en?a as foliows: S 128.~10 on ~he lSt d+Y u{ May , 19?? and a like sum on the cwresponding day of each month tl+ere-
afrer until the whole be fully paid.
Each ~ns~atlmrnt first shall be applied in payment of the intcrest and then on ehe unpald batance of the princ~pal sum. If d sult is made in ihe i
F:a,rment of any installmeM when due, and such defauh continues 30 days, thcn at the opt~~n of the holder, and without any other notice, all tl+e remaining ~
.~~srallments shall be due and payable at once. P~ivilege is given to prepay this note in whole or in part at a~y time without penalry. Neither iwebearance, ;
nor atceptance by the hotder tF~creof after any default in ~ny payments hcreon, shall be decmed extension. A late payment charge of s 6~ 4O sMll be ~
added to each installment remairmg unpaid 7 days after ita due dafe, and a tike sum shall be added to each such installment remaining unpsid 7 days after
each succeeding p~yment datt.
Each maker, surety and endwser hereof, jointly and severally, waives demand, preuntment protest and notice of protesl fw rw~paymmt, snd further '
agrees to any extensio~ of t~me of payment, e~ther before w after maturity, wifhout not~ce to any of us; and to pay all costs of coilection, includ~ng a ~
r~jsonable attorney's fee in ths event of any defauh hereunder, a~d hereby severally waivcs alt benefit of homestead and eaemption undet tFx constitution i
a~~d laws of each State of the United States, as against this obligation w any e:tension w renewal hereof.
Witness the hand and seal of each party.
S CZa11G~@ C D0V15 ($EAL~
~ ~ • ~A-a.~rv cs~?i~
s il 'an M Davi ~?u
$23 25 ~.~'0 ~J 1lii~.Q ts~?U
- c • ) srare aevenw
NOW, TFiEREFORE, the MORTGAGOR for the purpose of securing psyment of sa~d sum of :1 S~ 50O t~ ~~a~~Q of ths
cuvenanri a~d agreemcnts he~einafter expresscd, and fw divers good and valuable considerations, by these p~esents, does 9nn1, bargain, selt, rcmise,
release, convey and conf'am unto the MORTGAGEE, its wccessors and ~uigns, all that certa~n bt, piece or pucel of land, situate, (ying, sr~d beinp in the
County of St .~.~1C ie and 5tate of Fbrida, desuibed as follows:
Lot 33 and the North 1/2 of Lot 34, Orange Grove Park, as recorded in Plat Book
S, page ~i6 of the Public Records of St. Lucie County~ Florida,
~
{
i
~
i
~
i
't
~
~ , ~
; } `7 e~~ ~ f' l_ U~~ ~ LJ r~ ~ C- •r-' L V r[ 1 L~ ~i
~ c~ ~ _ P Ti-?C :IA~_' STl.tia Ii-X ~ ! oc fj~,~ t .
~ ~ _v.;::u2'i'~2 £_;'~~~-.~-=~y _ ~%,~.Q` - = Dt~E 011 CiASS yri~la ~!1 tA?'YEIK OF i~l~tE.3
~ C-:~ - '~_"..'a~= ~ J ~ ~ ~ _ ~URS11~1fT ~Q Cyi11~jE~ ~E ~AL ?R~PERTY,
~ tA )F Gi,[;.~: ~i~ Z( 7 )L134. ACi$ OF 1912.
~ P.3. ~ s o ~ ~ ~ t • ~w;,, _ ROGER POITI~I~ Cl~~k Ci?ty~ C01?~ ~ (y
r aie Co. F?a.
. .
~ '
~
~ togetMr with •11 and si:?gulsr ths tenemenb, hereditaments and sppurtances thereu~to belonyirg a in anyw'n~ apperninirg N~ertTO, and a11 ren», iswes,
~ Proceeds snd pofia +ccruing ~nd to acvue from said premiae~, all of whid~ ~re inclvded in the abow ~nd forpoiny descripYan and h~b~ndum.
TO HAVE AND TO HOID tM above dewibed a~d yranted prcmiaes unto the said MORiGAGEE, its svaessors and auipro forwa. Md tFn s+id
v t~l@lr
~ MORTGAGOR for heirs, executon, admi~istrators and assigns, htYeby covensnri with tM ssid MORTGAGEE, in succeuas ~nd ~~sipro,
~p the a re ~
rhar - y lawfully ieized of the said premises in fe~ dmple; that tt» same ar~ fr~e, ck~r ~nd discMr~ed from dl liens and M+cvm-
brances i~ law or in equity, ~nd that they w~~~ thei r ~~rs shal) warrant and def~~d the fitle to th~ ssm~ To tlw said
- MORTGAGEE, iq succeuws ~nd auiyns, forever apainst tM lawful claims and demands of ~II penons;
;i PROVIDED, ALWAYS thst if the MORTGAGOR sl?~II p~y unto the MORTGAGEE the promisaory note hereinbefw~ deuribed u~d ahall truly, promptly
and fvlly periwm, discharye, execvte, complete, comply with and ab~de by esch and every ihe stip~lations, ayreeme~ts, conditions and tov~nts of uid
- promisswy rate and of this Mon9age, then this Morty+~e and the Estate her~by uested ihall ceast and be rwll ~nd wid.
= IT IS UNDERSTOOD tFWt the word "Morty~por" whether in the •irgular a plural ~nywher~ i~ this AAwtgaQa, sFWll bt sinpul~r if one only u~d
shall be plur~l jointly ~nd severally if mor~ tMn on~, and that the word "their" as used anywher~ in this Atiortype shall b~ taken to m~an "his;' "hen,"
- or "its;' whereve? the conteat to implief ot admits. Alao, that whereve~ there is a reference in tik covet~ants and ~yreemenb herein contain~d to ~ny of
the pa.ties hereto, the ~ame ahall be construed to mean at well as the hein, lep~l r~presentatives, succeswn snd auipns (either volunt~ry by ~ct of the
: parties or imoluntary by operation of the bw) of the s~rtw a~d that the covens~ts herein co~uined shal~ bind and the benefits and advanta~es inur~
ro the resp~div~ heas, kyal represcntatives, successws a.~d au'yns of the panits hereto. ,
Md said Mwty~gws, fo. themselves and their hein, kgal represenutives, succsuws ~nd assiyns, hsreby jointly and sevtr~lly covenant ~nd apree
ro and with the isid MORTGAGEE, its succeswrs and us~grn: '
~ 1. To pay ~II ~nd iinpvl~r the principal ~nd interest and tht wriovs and sundry sums of moneY paY~bl~ by virtue of aaid ~promiuory note, and this ~
mortysye, each ~nd every, promptly on the days rapectively the ume ~ev~rally btcomt dw. #
2. To pay ~II ~rd sirgular the taxes, assesunsnn. I~vies. Iiabilities, obliyatiom and sncvmbra~ces of every na~w~ ~nd kind now on said d~salb~d j
D.operty, w that hereafter may be imposed, tuffad, pl~ced, kvied, w assessed thereon, o~ th~t hereafter may be Itvied p assas~d upon tF~ Mwt¢
" age, a tM k~debtedneu fecured t+e~eby, each ~nd erNy, when dw and p~yable, accwdinp to Isw, before tF~ey becorn~ delinquent, and befor~ ~ny iotaest
' atraches or any penalty is irtcurred; AN~ INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISf1ED AND DIStF{ARGED Of
RECORO AND THE ORIGIhAI OFfIC1At OOCUMENI (SUCH AS, FO~t INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfICIAIIY ENDORSED
- OR CERTIFIED) SHALL BE PLACED IN THE HANOS Of SAIO MORTGAGEE WIiHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that w?y thereof is not
paid, s~t'~fied and discharged sa:d MORTGAGEE m~y at any time pay the same a any p~A thereof without wsiviny or affediny ~ny optio~, tien, equity or
_ •~aht under or by virtue of this mortgs9e and the full amovnt of.each and every such payment ihall be ~mmediately due and p~y~ble and shall bea~ interest
= s~om the date thereof umil paid st r~te of nine pcr centvm per ann~m and together w~th such intereshst~llJ~~ry ed by the th:s morpta9e.
= 600K 1J7 PAC~ ~