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HomeMy WebLinkAbout1334 ~402 THIS INDENTURE. AAad~ the ZBth da of Jan~=y , A.D. 19 72 betwcen Charles G. V~gars and Baelyn M. Vigars, his wile o~ _~t• L~iQ , County Florida, MreinaftN dei~n~red +s fhe "MORTGAGOR;' and FlRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE, a m?porat~on or9anized and eaittirg under the laws of tM Un~tcd Stat~s of Amaics +nd havinp iri principal plac~ of buiinsu in tM City of Fort PiKC~. St. lucis County, Florida, F~einafltr desiy~ated ei tM "MORiGAGEE:' WHEREAS ttw MORTGAGOR i~ justly indebted to tM M4RTGAGEE ie? the sum of ~_18~~~'~ good and I~wful money of tFie United ~ Srates advanced by the MORTGAGEE vnto the MORTGAGOR, as evidenced by a certa~n promiuory note of even date herewitb, of ~vhich ths followin~ in ~ words and fi uret if a true copy, to-wif: t 18~~~~ ~ 3~17~88Z ~ Fort Pierce. Florida. January Z8 ~q 72 fw value received, I, we w either of us, prom~se to psy, without defalcation, to the o.der of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF ~F ,~l FORT PIERCE at Fat Pierce, Horida, the sum of S 18-s~0 w;th interost from date at the rote of 7• 5% pe? annum, in monthly install- ~ ! ' •~en~s as fot!ews: i134 on thelst day of J~e 19 72 and a like wm on the cwrespond~ny day of esch momh there- _ atrer until the whole be tully paid. ~ Each installment fint shall be appl~ed in payment of the interes? and ~hen on the unpaid balance of the p~+ndpsl sum. If d ault is made in the ~ ~ ~ayment of any installment when due, and such default cone~nues 30 days, then at the option of the holdcr, and w~thout any other notice, all the remaining ' :~~srellmems shall be due and payabta at once. Privilege is gircn to prepay this note in whole or in part at ~ny t~me without penalty. Neither forebearsnce, ~ nor acceptance by ?he holder thereof alter any default in any payments hereon, shall be deemed extension. A la~e payment tharge of f~-a-~Q, sF»II be j ad~ed to each installme~t remaining unpa~d 7 days after its due date, and s like sum shatl be added to each such installment remaining unpaid 7 days after ~ each sucteedirg payment date. ~ Each maker, surety and endorser hereof, jointly and severally, waives demand, p~csentment protest and notice of protest fw nonpayment. ~nd further agrees to any eztensa~ of time of payment, either before or after maturity, without nonce to any of us; and to pay all costs of collection+ includin9 a ~ r~•esonablc attorney's fee in the even~ of any default hercunder, and hereby severa~ly waives all be~efit of homestead a~ exemption under the conatitutan ~~,d laws of each State of the United Stares, as against this obligation w any exunsion or renewal hereof. ~ Witness the hand and seal of each party. - (SEAu ~ s/ Charles G. Viaars ~n~~ (SEAU \ ~ 27.00 s fiae yn . V gers ~ ~ sr.fe ae„e~~. (S~aw~s~ wwo~liei a? kig~ind-+wte}- _ NOW, THEREFORE, the MORTGAGOR for the purpou of ucuring payment of said sum of = 18~~~•~ , ~~d the performance of the covenants ~nd ~greerrKnts FKreinafte? expressed, and fw divers good and wlwble considerations, by these presents, does grant, barpain, sell, remise, • reiease, convey and confirm ynto the MORTGAGEE, its successors and suigns, all that cerfain lo?, piece or pucel of I~nd, •ituate, lying, and being in ths ~ County of St . 1'~C 1@ +nd State of florids, desaibed as follows: Lot 30 Block 92, RIVBR PARK U~II? 9~-C, as recorded in Plat Book 15, page 28~ 28 B, Public Records of St. Lucie County, Florida,f i ~ i i ~ E ~ t ~ s ~ S ~ W} /i'~/-~ 1~'' U 1-~ i V.'-~ ~~l t'Z F~~M~`t P~•~ly~ E ~ ~ IJ ^l.~l•~ _T I: : , ~ ~ -r . ~ ~'r~- , `i~,~'~'~tf.t r ~ Z • ~ ,e~ S~/.~•,n ;'3~= • J: a e ~ ~ =`FE$-T~2 - - _ ; , 1~ 2 ~ Fl ~ V ~ - . ` ,~i - ~ R ~ 1 `~,1~ :.t. Lu`'' : N U ftl~.uF Ei~F?_f~'~ ~ _ ~ s„{! u:t-~~~ i .,5.~",..ti _ O = fti~~ ~ , ~a, L.; ~ P.N. ~90~ ~z - ~L, _ ~e,~~ e . ~ ~ ~ ~ ~ ~ rogether with all ~nd singular the renements, hereditaments and +ppurtantes tAcreunto b~lorging ot in ~nywqe sppeAaininp the?efo, and all r~nb, istues, ~ proceedt and profitt +ccruiny ~nd to accrue irom said premises, all of which ~re included in tM abov~ ~nd fore9arg description ~nd habendun+. ~ TO HAVE AND TO NOtD the ~bow dewibed and yranted oremises unto th~ said MORTGAGEE, itt succe~sors and assiyns forev~r. Md ti» wid ; their MORTGAGOR for F~eirs, executon, ~dministrato?s snd ats~gru, hereby cw~nanb with tM said MORTGAGEE, its succtsson ~nd ~saipro, they are _ +hat ~awfully uized of the ssid premis~s in fee simple: that th~ wme ~re ire~, dear and discharpad from all litru and Mcuro- "s? brances in law u in equity, a~d that t~}t will and theiZ hein sh~11 warrant and defend tFw titl~ to tM sam~ to th~ ~+id ~d.ORTGAGEE, its succe:sors •nd auiyns, faever ayainst the lawful cl~ims and demands of all perwni; PROVIDEO, AlWAYS that i( the 1NORTGAGOR shall pay unto the MORTGAGEE the promissory not~ hersinbefor~ described and sMll truly, promptly ! and fully perfwm, disch+rqe, execute, complete, compty with snd abide by each ~nd erery the stipulations, ayreements, conditions a~d cov~nann of said + p~omisso.y note ~nd of thit Mortya~e, then this Mwtyaye and the Estate hsreby aeated ah+lt cease +nd b~ null and void. IT IS UNDERSTOOD that the word "Mortya~w" whether in the •inqulsr w plural anywher~ in this Mortysy~, sMll b~ sirgular if on~ only ~nd ; Aj shall be plurel joiMly and teverally if more ti?~n one, and that the wwd "their" as vud ~nywMr~ in thw Mortpay~ ~hall be taken to rn~~n "his;' "h~n;' ; or "its;' wherever the conteat w implies or sdmits. Also, that whereve~ there is a referenc~ in tFw covenants ~nd ayreements her~in containsd ro~ny of ~ ~ rhe parties hereto, the same thall be conitrued to mean a~ well as the hein, leyal repreunt~tives, successws ~nd auiyra (eitMr vol~nury by act of th~ ' parties w involunury by operation of the I~w) of the iame snd thst the cover?ants herein cont~ined thall biod ~nd the benefit~ and adv~ntapM inur~ ~ to the respective hein, teyal rrpresentatives, successws and au~gns of the p~nies hereto. i Md taid Mo~tgayors, fw themselves and their hein, le9+l represenutivef. ~uccessots and ~ssigns, hereby jointly and sevaally coven+nt ~nd apr~e ~ ro +nd with the said MORTGAGEE, in iuccessas and auigns: 1. To pay etl and sirgular the principd +nd imerest and the wrio~s and sundry wms of rtaney payabl~ by virtw of said promiuwy note, and this ; mortys~e, each ~nd every, promptly on ~he days respectively the same severally becom~ dw. 2. To pay all and sirgular tM t~aes, assesunen», levies, li~bilit~es, obli9stiau a~d t~cumb~ances of every natvr~ and kind now on taid describ~d ` X; property, or tMt here+frer may bt impowd, suffered, placed, leried, or as~essed tl~areon, a that here~fter m~y bt lev;ed p~uessed upon this Mortp- } age, w ths Indebtedneu secvred her~by, each and svery, wMn due and payable, ~ccordinp to law, befw~ thsy bacan~ deiirpuent, ~nd before ~ny intKest - arracFxs w any penalty is i~c~rred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SMAII 6E PROMP~IY SATISFIED AND DISCHARGEO OF ;:7~; RECORO AND THE ORIGINAL OFFICML OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10M PAPER OFFICIAIIY ENDORSED OR CERTIFIEO) SHAIt BE VIACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~r?d in tht eveM that aoy thereof is not Fa~d, sat'sfied and dixharged sa:d MORTGAGEE m~y at •ny time pay the same w any part thereof without waiving or affectinQ any option, lien, eq~ity a •~~ht under a by virtue of this morrysge +nd the f„11 amount of each and every ~uch payme~t shall be immediately due and payable and shall be~r int~rpt ~•om the d~te thereo( until paid at rate oI n~ne per centum per •nnum ~nd oy~the< ~ucy~n~e~sLs~be secured by 1he lien of th:s morytaye. R 1 ~I~Y~ 3 ~ _ - - ~.z:. - ~ . _ ~ ~ ,