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HomeMy WebLinkAbout0888 ~~y v THIS INDENTURE. Mad~ the 28th day of Ja~~ A.p. 19 72 befwten Thomas W. Oore, Jr. and Susen A. Oore, his wife • of S~i. Iucie ~p~~~y F~pr;~, ~~~inaftN de~g~aled ai the "MORTGAGOR;' •nd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ corpaation oryanized and ~aistinp unda rh~ lavrs of tF+~ United St~~~f of /4nwica ~nd Mvi~ it~ principal place of bus~~ea in tM Gty of Fwt P~NC~, St, luci~ County, flwida. FltfliMNN dfS~QM~ld a~ th~ "M4RTGAGEE." WMEREAS ~M MORTt:AGOR a jvstly indebted to t}w MORTGAGEE in the tum of ~ 7~0~'~ good a~d lawful money of the Un~ted Srate~ advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by + certai~ pranissory nots of sve~ date her~w~tF+, of wh;ch the followi~q in wwds and figures is a trw copy, towi~: s~.~.~ ~°3-t 7, 889 forf Pierc~. Flwida. January 20 19 72 t Fw value received, 1, we w either of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAI SAYINGS AND LOAN ASSOCIATION OF FORT PIERtE at Fwt Pie~ce, Florids, ?he ~um of S 7~~~•~ with interest from date at the ~~ts of 8•~ % psr ~nn~:n, in monthly in~tall- :,,ents aa foi!owt: = 59•~ on tho ~ 9t' day of ~rch , 19?? and • like sum on Ihe cwresponding day of each month ther~- atter until the whole be fvlly paid. Each :sutallmcnt first shalt be app~ied in payment of the interest and ~hen on the unpaid balance of the princ~pal sum. If d sult is made in 1M ~:a~men~ of a~y installment when due, and such default conrinurs 30 days, then at the option of the holder, and without any other nat~ce, all 1he remaining ! ;~;stallments shall be due and payab3e at once. Privilays is fliven to prepaY this note in whole or in pa?t at any time without penalty. Neither forebearance, ~ nor acceplance by tF+e holder thereof sfter any default in any payments herton, shall be deemed e:tcns~on. A late payme~t charga of s 2•9S thall be ~ ad~rd to cach installment remaining unpaid 7 days aiter i1s due date, and a tite sum shall be added to each such installment remaining unpaid 7 days aher each sutteeding payment date. Each maker, surety and endwxr hereof, jointty and severalty, waives demsnd, presentment protest and ~otice of protest for nonpayment, ~nd further a~+ees to any extension of t~me of payment, either before w aEter maturify, withovt not~ce to any of us; and to pay all cosh of cotiection, includ'+ny + ~r ~tonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constif~tion •d taws of each State of the United States, as against this obligation w any extcnsion or renewal hereof. W~tness the hand and u+l of each party. s/ ?homas W. (3ore, Jr. ~Au cs~?u s/ Sussn A. (3ore ~~u . ts~w ~ ~ ~ • 5~ ) $tate Revee?ve i NOW, THERfFORE, tM MORTGAGOR fo~ the purpose of aecurirg payment of said sum of S 7~~~'~ ~nd th~ perform~nce of the ` covenants and agreements he~einafter eapreucd, and fw divers yood •nd vatwble consideratioos, by these preunts, does 9rant, barpain, sell, remix, release, convey and confirm unto the MORTGAGEE, iri auccsuors end ~uigns, all tM~ ce~tain bt, piece w parcel of land, situste, lying, and beinp in 1M Couny of St. Lueie and State of Flor~da, dewibed ~s follows: i I.ot 1$, Block 29, SUNLAND GARD~NS, as per plat thereof on file in Plat Book 8, page 32, Public Records of St. Iucie County, ?rlorida ? ~ m~ ~ ~o f RECE~VE~ S_ ~'~J~- ~ IH :~?~Mflli Of IA~tfS ; DUE Otl CIATS'C HIiANGIl1.E PfRSOt1Al PlIOPE1t1Y. ; pURS1lRlIT TO GIAPIER Tl•13+t. IYCiS Of t971. ~ AOGER POITRI~S. derk q~adi CorA. 3l WM 0r. ftL i ~ W y, ~ ~ t- L~ l.~ I-t ! J~ ~ _ ~ ?:,._c~~ff_;~~~;;~~~ sr~~~~n Tc~x ` ~ FE8-1'T2 ' %*F~ N U iKP1.6i EEtfi:df~~r~•ri ~ 0 O- F ~ ~8.1~0112 _,,F".,` ~ u ~ ~i ~ ~ ~ ~ ~ rogether with all ~nd singvlar the tcnements. hereditamenb and +ppurt~~ces therevnto belaginy o~ in ~nywite appert~ininp thersb. +nd alt renri, istvss, ~ ~ proceedi and profits accruirg and fo +cuue from taid premises, •II of whith ~re irxtuded in tM abov~ ~nd fw~yanp datripYwn and Mbend~?m. TO HAVE AND TOtHOIQ the above d~svibed and 9r+nted pr~mises unto tF+~ said MORTGAGEE, its successon and +uipra fww~r. And tiw saW ~ ~ t~e ~r ~ MORTGAGOR ior heirs, •xecutas, ~dminiafr~tws and auigns, her~by covens~ts wirh tM si~d MORiGAGEE, its succ~sson ~nd u~ipiu. ~ ~ rhat - t'~~ Sre - lawfufly seized of the taid pre+»isn in fee simpl~: that ths aama ar~ fr~t, clea? and dischary~t! from all li~ro snd ~ncurR ' ~1,°~ L116~T hein sM11 wsrra~t ~nd d:fend tM titb to tM s~en~ ro th~ said $ brances in law w in equity, and that_~.~.i will ~nd ~ '-,3 MORTGAGEE, its wcussors u?d suipns, forever aysinst tF+~ lawful claims a~d demands of ~ll p~rwm; ~ PROYIpED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGACaEE the promiuory nots hereinbe(w~ destribsd ~nd sh~ll ttuly, promptly ~ = and fully perfwm, d~uMrge, execut~, complete, comply with and abide by ssch ~i?d every tM stipulatians, p~eemenn, conditiorn ~nd coven+nn of said c promissory note and of this Mon9aye, then this Mwtysy~ snd the Est~t~ hereby u~ated shall c~~s~ and b~ null +nd wid• ~ ~~j IT IS UNDERSTOOD that ths wud "Mwt9apa" whether in tht tinpular or plural anywF?er~ in this Mortpape, shall b~ sinpula~ if aw only and ~ ~ shall b~ plunl jointly ~nd severatly if more tia~ on~, ar?d tMt the wwd "the"u" ~s ~sed ~nywhere in tha Mwty~ thall be t+ken to rn~an "his:• ••htn•• # rl or "its:' wherever the conteat w impli~s w admifs. Alw, that wherever thers is • r~ference in th~ covsnanq snd apre:rnenn htr~in contained 10 ~ny of ~ - rhe p~nies hereto, the same ~hall be construed to me+n ai well n tM hsin. Ipal r~presentNives, tucceison and attiQro (~ither volunt~ry by ut of ?I» parliH or involunury by operuion of ths law) of the same and that the coven~nts FKrein conuined ihall bind and the b~r~e(its ~nd adwntap~s inw~ ~ +o the respective hein, leyal reprexnt~tiv~s, succeswn and au'yns of the p+rti~s h~reto. ~ _ Md ssid Mwtypors, fa themselves and their heirs. ?egal npresent~tives, successws and ~uiyns, hereby joiMly ar?d s~v~rally covenant ar+d apne ; !o and with the said MORTGAGEE, iri successo?s and auigns: - 1. To p~y all ~nd iinyulu tFw priocipal and im~rest and tM variovs ~~d sundry sums of money payable by virtw o1 said promiswry not~, ~nd this ! w=: mor~yaqe. ~ach and wKy, promptly on th~ d~yi respectiwly fFw s~me kv~r~lly bec«n~ dw. 2. To p~y all •nd sinpul~r th~ taxs, au~sun~nb, levies, liabili~ies, obligations ~nd ~ncwnbrancea of every naturt ~nd kind now on iaid dewibed ` property, w that Mr~aft~r may b~ impwed, suffaed, plated, t~vied, w ~sses~ed ther~on. w tMt hereafta may bt levied or ute~wd vpon this Mort¢ . ' age, w tM indebtsdneu s~n?red hcr~by, tach and eve?y, wMn dw and pay~bl~, ascwdinp to law, b~fore they becan~ delinqwnt, u+d b~for~ any MtNtst : attathes w eny penalty is incurred; AND INSOFAR AS ANY iMEREOF IS Of RKORO THE SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGEO OF ~ - RECORD ANO TNE ORIGINAt OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, TNE TAX RE~EtPT OR THE SATISFAC110N PAPER OFFICIAIIY ENDORSED 4 ' OR CER11f1E0) SHAII 8E PLACED IN TME HANDS OF SAID MORTGAGEE WITMIN TEN OAYS NEXi AFTER PAYMENT; ~nd in the event 1Mt any thtreof is not pa~d, s~t'sfied and diuharged sa'd MORTGAGEE may at any time pay the s~me or any part thereof without waiviny w affectiny any option, litn, puity a ; = ~~aht undr « by virtue of this mortg~ye a~d the full ~mount of eech a~d ev~ry ~uch payment shall be immedutely due and p~yabk ~nd ihall b~~r interqt } ~rom the date thereof until paid at r~te of nine per cent~m per •nnum~n~Ko~e~r~t~ Ch i~prjtjJMll be secured by the lien of th:s morpta~. i t 1vv .M,~ p~7 - - - - - - - f _ ~ r~ ? _ . . _ : . = ~ . r. ~-~~=f: