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HomeMy WebLinkAbout1330 ~ .`4QU THIS INDENTURE, AA+d~ the 2n~ . d+y of Februa ry A.D. 19~ between }toward R. Lohr and Sue E. Lohr his wife of St. LZ1C1C ~p~nty Florida, hereinaftN dtsignated ss tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN ~ ASSOCIATION OF FORT PIERCE, a co~paatlon wgani:ed and exis~inp under ths laws of tM Un~t~d St~r~s of America and h~vinq iri prin<ipal pl~c~ of busin~ss In th~ Ciy of fat Pierce, St. luci~ County, Florida, he~einafter desipn~ted +s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jvstly irul~bt~d ro 1M MORTGAGEE in tM sum of = 13 ~ 0~• O0 , good and lawful money of the Un~ted Sraros advanccd by the MORTGAGEE unro the MORiGAGOR, as ev~denced by a certain p~amiuay note of even date herew~th, of wh:ch the fd'owin9 in word~ and figures i~ a trw copy, to-wit: ~ s 13,000.00 No 3-1'i,91~ Fwt Pieres, Fi«ida, Februa ry 2, _19 7Z Fo~ valve received, 1, we w cither of us, promise to pay, without defalcafion, ta the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIA1iON OF FORi PIERCE at Fwt Pierce, Flw~da, the sum of i 13 ~ w;~h interesr trom date at the rate of ~ per annum, In mo~thly install- ~nent~ as foltows: s123 on the 1St day of April 19 72 snd a like aum on the correspon~iny day of each mon~h there- cfter until the whole be fully paid. Each installme~t (i~st sMll be applied in payment of tM interest and thcn on the unpaid batance of the prinupal sum. If d ault it msde in the ;~a~ment of any insrallment when due, and such defavlt cominues 30 days, then at the option of the holder, and wi~Fw~ut any other not~ce, ~II the remaining ~~}sfallments shalt be due and payable at once. Privitege ia given to prepay this rate in whole w in part at ~ny time without oenalty. Neither fwebearante, nor acceptsnce by the holde~ thcreof aiter any default in any payments hereon, shall be deemed extension. A late payme~t charge of S 6• 15 sh+~~ be a=ded to each ins~allment remainirg unpaid 7 day~ aftei its due date, snd • like s~m shatl be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, joiNly and severally, waives demand, presentment protest and notice of protest fw nonpaymenl, snd fvrther agrees to any extens~on of time of payment, either brfore w after maturiiy, wifhaut not~ce to any of us; and to pay all costs of collection, inctud:ng a .~a~onable attorney'a Fee in the event of any defau~l hereunder, and hereby severafty waives all beneSit of homestead and eaemption under the constitutan ~~~d iaws of each Sute of the United S~ates, as against this oblgation ar any extens~on or renewal hereof. ~ Witness the hand snd seal of each parry. s/Ftowa rd R~ Lofi r ~AW (SEAL) ~ , s!Sue E . Loh r cs~?u ~ $19 . SO ) Stat~ Revenue NOW, THEREFORE, the MORTGAGOR fw the purpose of securirg p~yment of said sum of S 13 ~ ~nd tM pe~formance of the covenants and ~greements hereinafter expressed, and for divers good aod valusble considerations, by these presenri, does grant, bargain, sell, remise, rrlease, convey snd co~f~rm unto the MORTGAGEE, ita svcceuws and +ssigns, •II that certain IoL piece or parcel of land, tituate, lyinp, +nd beirg in the County of St. I.ueie and State of Fbrida, desuibed +s tollow~: Lots 1, 2, 3 and the West 25 feet of Lot 4 in Block C of Ulrich Subdivision, as j F per plat thereof on file in ?lat Book S, at page 64 of the Public Records of St. ~ 1 ; 1_~ic ie Caunty, Flo rida ~ I ' F ! ~ ~ ` . 3 ~ ~ o + Q*'~ ~ ' ~ ~ ~ 1 t ) , ~ ~ X , ci ~EQES` So~ ~ cA M~ ; ~ W 5~ _ .-,~T;•t ~ h ~ `N~G~~,~, !F ~ ~ r ~l:'.'- - ,,s:=•~,:, _ ~ 1 ' ~ v r FE 2. 9~ o~= ~~.~~~~p~'~ i 7 Z g-i'7 'y. ` 3 ~ ~ _ ~ t~ b f ~ ~ - ~ p - _ 0 ~ , i'~ U i?I.'Ji R`_'Ef.~c Q j~~l`~~~~ ~ ~ N PB.,vo~,z ~ ~ ~ ~ , ~ l ~ ~ ~ ~ ~ ~ ~ iogether w~th all and singular the tenements, hered~taments and appuri+nces the?eunto b~lonying or in ~nywise spperfaininp ther~to, and ~U rsnt~, iuues, ~ ~ p~oceeds •nd p.ofin accru~ng s~d to accrve from s~id premises, all of which ue included in the ~bove ~nd fwepanp d~scription and habendum. ; ~ ~ ~ TO HAVE AND TO HOtO the +bove desc~~bed +nd p~+nted premises unto fhe said MORTGAGEE, its successon and aisipns forev~r. Md t!» said ~ - MORTGAGOR ~w the2Z he~rs, executws, ~dministrators snd auigm, hsre~y covensnb with the said MORIGAGEE, it~ s+xcesson and ~stiyns. ~ ~ that -~~X d re - lawfully seized of the iaid prem7iet in fee iimele: thet tM i~me aro frse, clear ~nd dischar~ed from all liens artd encun~ ~ their brances in law or in equity, +nd thst th~ will and heirs shall wurant Md defend tlw titlt fo tht sartN to tM said ~ 'AORTGAGEE, its svccessors and assigns, forever ~yairut the lawf~l cl~ims and demandi of a~l p~rwrq; ~ PROVIDED, AIWAYS that if the MORTCsAGOR shail pay unto the MORTGAGEE the promissory note hersinbtfwe dexribed and shall truly, promptly ~ ' a~d fully perfwm, d~xharge, execute, tompkte, tanply with and abide by esch ~nd every the stipulatio~s, sgreemenb, conditiau and coven~nts of s~id * = Qrom~suxy note and of this Mortpsye, then this Mwtgape and the Estste i~ereby aeafed shsll teau ud be null ~nd wid. ~ V~ IT IS UNDERSTOOD that the word °AAortgayor" whether in the •inyular a plwal ~nywher~ in this Mortyay~, shal) b~ sinqvlu if an~ only and t - shatl be plural jointly ~nd severally if more than ons. +nd that the word "their" as uied ~~ywher~ i~ this Mortp~ye shall be taken to mean "his:• ••hen; • r or "its;' wherever the conte~ct w impliq a admitt. Alw, that wherever there is a r~f~renc~ in tM covenann and agnemenb h~rein contained to ~ny ol - rhe partees hereto, the iame shsll be construed to me~ af well ~s the heirs, kyal r~presentatives, successors and aui~ns (either voluntary by +ct of the ~ parties o~ involuntary by oper~tion of the law) of the same and that the coven~nts herein cont+ined shall bind snd 1FN benefiti and adv~ntpes irwr~ - ro the respettive heirs, leyd representatives, successo~s ~nd au'yns of ths p~rtits hereto. - And said Mo?tg~gors, for themselves and their hein, legal represeMatives, successors and ~ssiyns, hereby jointly and aeverally covenaM and pree ~ = ~o and with the said MORTGAGEE, its auccessors +nd +ssigns: 1. To pay all +nd singulsr tM principal and interest and the various +nd sundry wms of maxy psyable by virtue of ssid promi~wry note, ~nd thi~ mortgs9e, each and every, prorripNy on the days respectively the same ~wrally become due. 2. To pay ~II and ~i~gular the taxei, assessmenn, levies, li~bilit~es, obliyations and ~ncumbrances of every natwe and kind now on said desc*ibed property, w tfiat here~fter may be impo~ed, suffered, pl~ced, levied, or autssed theroon, or that htreafte~ may b~ levied w auessed upon this Mort¢ - age, w tiw indebted~ess secured hereby, each and ~very, when due and paysble, accadinp ro law, btfore they become delinqueM. ~nd b~fw~ ~ny int~rest attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPILY SATISFIED AND ~ISCHARGED OF RECORO AND TME ORIGINAL OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENOORSED ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event thst a~y thereof is not pa~d, saYsfied •nd discharged sa'd MORTGAGEE may af any lime p~y 1he same w+~y p+rt thereof without waiving o~ ~ffectiny any optiw~, lien, equity a •~pht under or by virtue of this morrgsge and the full amount of each and every svch payment shall be immediately d~e and psyabk and shall besr interest i ~~om the date thereof until paid at rate of nine per centum pcr annum ~t th r with svth i~terest shall be secured by the lie~ of th:• moryts9e. _ aoo~~~~ nr~1~,'~ _ = y£_ . - . , x_ - _