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HomeMy WebLinkAbout1442 v 22348U THIS INDEN7URE. Mad~ the 15t da of Febrnary A.D. 19 72 batween Lawrence Hart~ey and Catherine M. Hartl~y, his Mife of St. i+t3Ci@ Counly Flo~ida, Mreinsiter de~gn+ted ss the "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATtON OF FORT PIERCE, • corporat~on a9anised +~d exi~~inp urtda 1h~ laws of tM United S~a~~s of Americ~ and Mvinp its principal pl~ct of 6us~neu in tM City of Fort Pi~rc~, St. t~rcie Cou~ty, Florida, hersinafter d~sipn~ted as tM "MORTGAGEE:' ~ WMEREAS tM MORTGAtiOR is jvatly indebted to 1M MORTGAGEE in the sum of S lba~~•~ good +nd lawful money of the Un~ted States advanced by rhe MORTGAGEE unto the MORTGAGOR, ss evidenced by a certain promiuory note of even da?e herewith, of wh~ch 1he followiry in words ~nd fiyures if a true copy. to-wit: = 16,000.00 . ~ 3-1~,901 fwt Pierc~. Flo~ida, February 1 19 72 For value reteived, 1, we w either of us, promise to pay, without defalcat~on, to the order of ftRST fEDERAI SAVINGSS AND LOAN ASSOCL4TION Of FORT PIERCE at Fort Pimce, Flwida, the s~m of j ib~~~•~~ w;th inte~est (rom date at the rate of 7'77O per annum, in monthly install- ments as fol!ows: S 132•~ on the istd+y of Apr~l , 19_ 72 and a like sum on the carespond~ng day of each month therr aitcr until ihe whote b~ fully paid. Each installment first shall be applied in payment of the interesf srx! thcn on the unpaid balance of the prinupal sum. If d aulf is made in the payment of any insrsltment when due, and such default continues 30 days, the~ at fhe option of the holder, and without any other not~ce, all the remaining ~nstalimenfs shaii be due and payabie at once. Priv~lege is given to prcpay this ~ote In whole or in part at any time without penalty. Neither fwebea~ance, nw acceptance by 1he holder thcreof after any default in any payments hcreon, shall be deemed e:tension. A late payment charge of S 6~60 sha~l be addrd ro each ~nstaliment rema~ning u~pa~d 7 days after ih due date, and s I~ke sum shall be added to each such instaUment remaining unpaid 7 dsys afte~ each succeeding payment dara Each maker, surety and endoraer hereof, joinNy and ievcrally, waives demand, presentment protest and notice of protest ior nonpayment, and (unher agrees to any extension of t~me of payment, either be(ore w after maturity, without not~ce to any of us; and to pay all costs of col~ection, includir?g • reasonable attorney's fce in the event oF any default hereunder, and hereby severally waives atl benefit of homestead and eaemption under tF~e constitut'an and lawi of each State of the United Sta+es, as against this obligation ~ any extension w renewal hereof. Witness tFx hand snd se+l of each party. (SEAU s/ Lawrence T. Hartley ~Ap ~?U s/ Catherine M. Hartley ~,q ( 24 • ~ ~ Stats Reven~e ~Sta~ip~. i+wo~lbi ~w. ~r:pi.u~l ~rta- NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of uid sum of S 16 ~ .~nd the perfwmance of ths covenanb and agreements herei~afte~ exp~esud, and fw d~vers good ~nd v~lusble coni~da~t7ons, by these presents, does grant, baryain, sell, remise, reiea~e, convey and confirm unto the MORTGAGEE, its successors and suigns, aIl that certain bt, picce w parcel of I~nd, aituate, lying, ~nd beir~p in the Couny of St • Lue ie Sut~ of Flwids, dew7bed ~s follows: I,ot 10, Block 14, SII.VER LAKE PARH ADDITION, as per plat thereof _ on file in Plat Book 10, at page 8, of the Public Records of St. ` I Lucie County, Florida'~ t~ i ~ ~ ~ e~°~~~~. ! _ 3 S vp~' ~ ~cl ~~~i~ ~ ~9,,u''~ ~ j 1 ~ I ~ ' ~ t- L U F-1 t A ~ j F- ~~..:~i%G~_Ir1r".~llii~~n _T~ ~ ~ z - ~ ~ X O~` ~ ~~,U'~-~Gn' ~ = FEB-8'72 . ~ a ':1 ~ = ~ ~ f- ~ _ - ~ N ~ Lfrf.OF !E>[f oC~• ~~lt~ ~ O ~ = ~ P.~3.~vo~~2 -=~.y;i= = togetFx~ w~th all ~nd singulsr the tenements, herediraments and ~ppwt+nces thereuoto belonpirg w in snywis~ appertaininp ther~fo. ~nd all r~r?ri, isswt, procceds +nd profin accruing snd to accrue from taid premises, ~11 of which ~re inclaided in tM above ~nd fonyoirg dtuription ~nd h~bendum. TC 11AVE ANp TO HOLO the abov~ desaibed ~nd ynnted premises unro tl» said MORTGAGEE, its suusssors u+d ~uipns fwevM. Md th~wld - MORTGAGOR fa~ Sheir heirs, executws, administr~tori snd assigns, hertby wvsru~tt with the tsid MORTGAGEE, iri ~utttswr~ ~nd ~fOnb ihat thev a=e _ lawfu~ly seized of the said premises in fn simple; that th~ ~arn~ ar~ fr~e, cl~~r and d'acharped from ~II li~ns snd ~ncwr? brances in law or in equity. ~nd that theX will and th2ir hsin sh~ll warr~nt and d~fend the titlt to th~ sstr» to tl» s~id MORTGAGEE, its successors snd auiyns, fwever ~y+irut the lawful daims ~nd demands of all perwro; PROVIDEO, AlWAYS that if the MORTGAGOR shall pay unto tF~e MORTGAGEE th~ promissory rate heteinbefwt d~wibed a~d sMll truly, p?omptly and fully perfwm, d~scMrpe, execut~, compkte, comply w~th ~nd ab~de by s+cl~ and erery the ~tipulations. ~p.eemenn, conditioru and coven~nb of said promissory note and of this AAortyage, then this Morty+ge ~nd the Estate hereby ve~ted thall uss~ a~d b~ null ~nd wid. IT IS UNDERSTOOD that the wad "Mortyayor" whether in the sirgular p plvral anywhere in this Mwtya~e, ah~ll b~ sinpular if aa only and ahall be plur~l jointly and severally if more than one, +nd that tM wud "their" st used ~nywhere in this Mwtya~~ sMll be taken to rn~+n "his;' "h~n;' or "iti;' wherever the context w implies a ~dmits. Also, that wherever there is • reference in the covenann ~nd ayr~nenb Mrein cont~ined to ~ny of ~ the p+rties he.eto, the same sh~ll be construed to mesn ss well ~s the heira, Ipal representatives, successors ~nd auiyns (~ither volvM~ry by act of th~ p~rties oi i~voluntary by operatio~ of the Isw) of the s~me and thst the covenants herein contained shall bind a~d rhe benefin and advnta~.s inur. ~ ro the respective heirs, legal represent~tives, succeuors and au~y~s of the pani~s I~ereto. And said Mortyagors, fw themsalves and thei~ hein, lega{ rep~essntatives, sucuuort ~nd auiyns, hereby jointly ~nd s~vaally covenaM and apree ' ro and with the uid MORTGAGEE, its successors and auiyns: ~ 1. To pay all and ~irgular the p~incipsl ar~d intaest snd fM vario~s ~nd ~urdry sums of money pay~ble by virtue of s~id promissory note, ~nd this mortya9e. Qxh ~nd every, promptly on tM d~y~ respectively the same severally become due. 2. To pay all and sinpvl~~ the tsxes. +s~essmenn. Iwies, liabilities, obliyatiaK and encumbrances of ev~ry rutun ~nd kind now on said d~wibed property, or th~t he~eafter may be imposed, svffe~ed, plaed, levied, a assessed theieon, o? that here~(ter may b~ levied w usetsed ~pon thb Mo~t¢ ~ aye, a tM indebtedness secvred F?ereby, each ~nd w~ryr, wh~n due a~d psyable, xcordirq to law, befw~ they becane delinqvent, ~n~i btfore ~ny IneNa~ ~ atteches or a~y penalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKOR~ THE SAME SMAII dE PROMPTtY SATISFIED AND DISCHARGED Of ~ RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, fOR INSTANCE, THE 1AX RECEIPT OR THE SATISFAC110N PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SMAII 8E PlACEO IN THE NANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; end in the ~vent that any thereof is ~ pa~d, iat sfied and diuharged sa'd MORTGAGEE m~y at ~ny time pay the ume or any pan the.eof without w~ivirg or sffectirg my option, lien, equity a ~iqhr u~der or by virtue of this mortgsge and the full amount of each ~nd every such payment shall be immediately dve and pay~ble and shall be~r interest ~.om the date ~i~ereof until psid at rste of nine pe~ centum per annum and t ~her i~h intere t shall be setured by the lien of th:s mwptay~. - ~o~~ ~~.441