HomeMy WebLinkAbout1201 2~3301 ~ ~
THIS INDENTURE. r~.de rn~_ 3rd day of February , A.D. 19_72 ~~~w~«+
Audrey M. Davis, a wido~r
of St • j.L~~Q County flwida, here~naiter designsred as the "MORTGAGOR," and FIRST FEDERAL SNVINGS AND IOAN
nSSOC1AilON OF fORT PIERCE, • corporat~on apanized and exis~inq unda th~ lawi of tM Un~tad Sr~i~i of Am~ric~ ~nd Mvinp its printip~f pl~t~ of t
b~ti~n~u in tM City of Fat Pitrc~, St. luci~ Counry, florids, F1lff~MlfK des~ynsted as tM "MORiGAGEE:' ~
WHEREAS the MORTGAGOR is juitiy indeb~ed to 1M MORTGAGEE in the sum of S 4~7~•~ , good u+d ~awful money of the Umted ~
States sdvanced by the MORTGAGEE unto !he MORiGAGOR, ai ev~dentrd by a cenain prom~sswy note of even date 1~erew~th, of wh~th the fotlowin~ in
v~ords and figures it a tiut copY. to-wit: ~
4,700.00 ~ 3-17,917
z 72
Fo?~ P~e.~e. Fla3da. Februarv 3 ~q ;
fw val~e receivcd, 1, we w either o1 us, prom~se to pay, without def~lcation, to the order of FIRST FEDEQAL SAVINGSS~ AND IOAN ASSOCIAT~ON OF
FORT PIERCE at Fort Pierce, Flwida, the sum of 5-4~7~'~ with interest irom date al the rate o{ 7'_'76 ~er annum, in monthly i~stall•
~~+eroi as foi!ows: S 56•~ on the lstday of ap=il 19_?? ~nd a like sum on ~he correspond~np d~y of esch momh ~here-
eirer umil the whole be fufly pa~d.
Each installment first shall be appl~ed in payment ot the interest and then on the unpaid bal~nce of the p~~~c~pa~ sum. If d sult is made in the
~ e,ment of a~y inatallmcnt when due, and svch default tontinues 30 days, then at the option of 1he ho~der, and withouf any other notice, all the remaining
.~,s~ailments shall be due and payab:e at once. Privilege is given to prepay thii note in whole w in p~~t at •ny t~me without penalty. Neither faebe+rance,
r.or acceptance by the holder thercof after any oefault in any paymcnts hereon, shall be deemed extension. A late payment charge o1 S 8O shall be
~d~ed to each instsllment rema~ning unpa~d 7 days after its due date, and e like suin shall be added to each s~ch installment remaining unpsid 7 days aSter
each tutceedirg paymeM date.
Each maker, surety and endaur hereoi, joiNly and sever~lly, waives demand, preuntment protesl a~d notite of proteit fw no~payment, and funher
agrccs to any exten~~on of t~me of payment, e~ther before or after marur~ty, wiehou~ no~~ce to any of us; and to pay all costs of collection, includ;ny •
:e+sonable atrw~ey's fee in the event of any default hereunde~, and hereby seve~ally waives alI lxnefit of homestcad and ezemption under the constitut"an
.,~~d laws of each Srate ol the United S~ares, as aqainu this obligstio~ or sny eateasron o~ renewal hereof.
Witness the hand and sea! of each party.
(SEAL)
s/ Audrey M. Davis, a widow ~~A~~
(SEAL)
(S~J?U
; 7.OS ~ Stat~ Revenw
;St.mpa. w~wued o0 or+pin.t~u> 4 700.00
NOW, THEREFORE. ~F+e MORTGAGOR fw the pu?pose of securing payme~t of s~id sum of S • and the performsnce of tM
co.~enants and agreemcnts F~ereinafte~ eapressed, snd fw divcrs good and valuabl~ considerations, by these presents, does grant, baryain, sell, remiu,
reiease, convey and confirm unfo the MORTGAGEE, its successors and auigns, all that cert~in lot, piece w puce~ oi land, tituatt, tyin9, and beinp in ths
County of $t. Lucie ~nd Stste of florida, described ~s follows:
Lots 2 and 3, Block 24, LAKEWOOD PARK SLBDIVISIW, UNI? ~3, as psr plat
thereof recorded in Plat Book 10, pages 63 and 64, public records of
I Saint Lucie County, Florida, ?
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~ ~ - 7 ~ 5 - RFCE!VE~ i--.<=-~---- {N FAYE~!Et:T C~ !lN~~
~ v~i V i~~i.w c~r~wc~- _ OI~E ON ClA'iS ~C' iNi~li~,BLf FERx^NA.; Vh;iEklli,
~ P.li. t~o~ ~t _
pLR~t1A111 j0 GN.~~TER 71-134. RC~S t,f 1b71.
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kL~l'sfR Ptl{TfifS C.r.;~,it G.~rt. SL lu;; e ~;e. Ft3.
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~ ~ogether with all ~nd tingular tM tenemenri, hertditaments ~nd ~ppurt~nces thereunto belaginy a in ~nywiu appertainirg thereto, and ~11 rent~, issues.
~ p.oceeds and p?ofits +cuuirq and to xcrue from taid p~emises, ~ii of wh~ n~ ~ncluded in tFw sbov~ ar+d 4weQoinp deaviplion and habendw+~. ;
~ TO HAVE AND TO HOLQ the above dew~bed +~d yr+nted premises unlo tM s+id MORTGAGEE, itt succ~ssws u+d asiiyns for~v~r. Md th~ said
~ MORTGAGOR fw ~
r-- hein, executors, ~dministntwt and •ssgns, hereby covsrunts with the said MORTGAGEE, iri ~vcceswn ~~d ~uipn~,
~ ihar --ghe-1S--- I~wfully seized of the said premise~ in fee simplr, that the same ue free, clear and discharyed from all liens and N+c~m-
brances in law w in equ~ty, and tMt She will ar+d her htin shall warraot and defend tM title to tFa asrrw to tM sr.d
~ MORTGAGEE, its succeuws and auiyns, forever ~gsinat the iawful cleims •nd demands of ~II ptrwro;
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- PROVIDED, AlWAYS tiut if tFK MORTGAGOR shall pay unto the MORTGAGEE the p.omiuory note hereinbefo~~ desaibed ~nd shall truly, promptly
ar.d fully perfwm, d~uhar9e, execute, complete, comply wirh ~nd abids by each ~nd w~ry the stipulations, s~reement~, conditiotu ~nd cov~nanri of said
promitso~y nore and of thi~ Mong~ye, then this Mort9sge and the Esute hereby vs+ted sMtl ce~s~ and be ~ull arw! wid.
IT IS UNDERSTOOD th~t the word "Nbrtypw" whethcr in tFw singul~r w plural anywhere in thii Mat9+~e, shall b~ tir.pvlu if on~ onty and
sha11 be plural joimly ~nd sevenlly if more tMn one, and fAat tM wad "their" as used anywhere in this Mort~ay~ sMtl b~ taken to msan "his,•• ••hen;'
= or "its;' wherever the context so implia a admits. Alw, that wherever there is a referente in the covenants and ayreements herein co~t~inad to ~~y of
rhe parties hereto, the iams shall be cantiued to mean ~s well u the heirs, leyal represent~tives, successon and asai9ns (eitlie~ volunury by ~ct of /M
" partiq or involuntary by ope~ation ol the I~w) of the ~ame +nd thst the covenantt herein cootained aMll bind and riN benefin ~nd adv~mayes inur~
to the respective heirs, legal represen?ative:, iuccessori and ~u~yns of the parties hereto.
- And taid Morty~yors, fo. themselve~ and their hein, leyal represent~tives, succeswrs and ~uiyru, hereby joint~y ~nd stv~rally coverunt and ~yr~e
s::; ro ~nd wi~h tl+e uid IAORTGAGEE, irs successo.~ +nd ~ssiyns:
1. To pay all ~nd ti~yula~ the principal ~nd interesf ~nd the v~riovs a~d sundry wm~ of rtart~y payable by virtue of said promiswry nol~. ~~d thi~ ~
morrysye, each and wery, promptly on th~ d~ys respeNively the sime sev~rally become due.
s~ p~Y all and sirgula th~ t~xes, assessments, levies, li~bilit7es, obligations ~nd ~ncumb~ncea of every natwe and kind now on said d~wibed ~
y 2. To ~
Property, a th~f here~fter may be imposed, wffered, plxed, kvied, w asses~ed therewi, w tha~ hereaiter may b~ levied w asessed upon this MortQ- ~
sge, a ttw indsbt~dnea secured he~eby. ead+ ~nd wery, when dw ~nd payable. ~ccordirg to I~w, btfwa they becorn~ dalinqwnt, afN~ ~01~ ~f1Y If1lNfft
_ a+taches a any penalty it incorred; ANO INSOfAR AS ANY THEREOf ~S Of RKORO THE 5/1ME SHAIt dE PROMPTLY SATISFIED ANO DISCHARGEO OF ~
RECORD ANU THE ORIG~NAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OfFIC1AllY ENDORSED
OR CERiIf1ED) SHAIt 6E PLACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AF1ER PAYlNENT; ~nd in the evem IMt any tMreof ia not *
pa~d, sat sfied and d~scharged se:d MORTGAGEE may at any ~~me pay the iame w any part the~eof without w~ivin9 or ~ffect~ny ~ny optiw~, lien, equiry a ~
•+qht unde~ w by virtue of this mo~ryage and the fult amount of each •nd every such payment ahall be immediately due and pay~ble and shall be+r inter~~r
,z~ ~.om rhe date rhereol until paid N rate o} nine pe. centum per ?nnum •nd toyethe^wNK y~j~(erest ih~~~~yred by the lien of th:s moryta9e. ~
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