HomeMy WebLinkAbout2505 ?~24~3'7
THIS INDEN~URE. Made the 4Lh day of F@b=udrY A.D. 19 72~ be~ween
Walter David Lundy_, Jr and ~liola Lu,~dX, his vifp _
Z
~ ~C t . ' • •r
of $t. ~.t1C1@ County Florida, hereina(ier desgnatrd as the "MORTGAGOR." snd fIRS1 FEDERAL SAVINGS AND LOAN
ASSOCIATION OF fORT PIER~E, a corporat~on ag~ni:ed and ex~s~ing unde~ ~he tawi of Ihe U~~~~d Su~~s o) Americ• a~d Mving it~ principai pisce of
buiiness in tM City of fort Pisres, St. lucie County, florida, hereinafter dsf~g~ated ai ?h~ "MORSGAGEE:'
WHEREAS 1M MORTGAGOR is justly indebted to the MORTGAGEE in the s~m of S 8~ 8~• , good and lawful monry ot rhe Un;~ed
Sratct advanced by the MORiGAGEE ~nro the MORiGAGOR, as evidenced by a certa~n promisso?y no~e ot eveo date herewnb, of ~~fi~ch the follow:ng in
words and fgures is a t~ue copy, to-wit:
= 8,800.00 3-17,933
Fwt Pierce. Florida, February 4~ ~q~
fa value received, 1, we or eithei of vs, prom~se to pay, without defalca~ion, to ~he order of i1RST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
f ORT PIERC[ a~ Fo~t Pie~ce, florida, the tum of Z 81 BO~• - w;~h interest from date a~ the rate of _8
•~:'e p~r ennum, in moMhly install-
•~~ents as fol!ows: S_ 85• 0O on ehe _1 St day of A~= 11 19 _ 72 and a like sum on the correspond~ng day of each month there-
attet u~~til the whole be fully paid.
Each installmenl fint shall be app~~ed in payment of the intrrest and ~hen on the unpa~d balance oi tha pr~nc:pal sum. If ~d sult i~ made i~ the
~:ai~nent of any initallment when due, and s~ch deFault continues 30 daya, then at t1~e opt~on of ~he holder, and without any other not~ce, all Ihe remaining
,nstaltmen~s ahall be d~e and payaule a1 once. Pnv~lege ia given ro prepay this note in whole or in parl at any time without penalty. Neither forobearance,
nu~ acccptance by Me holder the~eof aiter any default in any paymen~s hcreon, shall be deemed ex~ension. A late payment charge of S- 4'-2 S sha~l be
added to each instailment remaining unpa~d 7 days aiter its due date, and a like sum shall be added ro each such installment remaining unpaid 7 days afle?
rach sucteeding paymeM date.
Each maker, surety and endorur hereof, jointly and severally, wa~ves demand, presentment protes? and notice of protesl for no~payment, and further
a:~rees to any e~te~s~on of time of payment, either before o~ after maturity, w~~hout not~ce to any of us; and to pay ali costs of collection, includ~ng a
~,~asonable airorney's fee in the event of any default hereunder, and hereby seve~ally waives alt benefit of homestead and exemption under Ihe constitution
~~d Iaws of each State of the United States, as againat this obl~ga!ioe w any extension o~ renewal hereof.
W~tness the hand and seal of each pa~ty.
S~ Wa1L@= DOVld A .I (SEAL)
~ (SEAI)
5 V~018~ Jl (SEAI)
~ ts~?u
_ 513. 20 t Sute Revenue
~r~aFs s~saeiledsa sdpir~lsa~)
NOW. THEREFORE, the MORTGAGOR fw the purpose of securing payme~t of said sum of : 8~ 800• Q~ ~nd the performancr of the
covcnants and +g~eements hereina(ter expressed, and for dive~s good and valu~ble cons+derations, by these p?esents, does gra~t, bar9ain, sell, ~em:~e,
rr~ease, convty and to~firm unto the MORTGAGEE, its successors and au~g~s, ell that certain lot, piece or parcel of land, situate, lying, and beinfl in the
County of $t . L.t1Cie ~nd Stste of Fforida, described as follows:
Lot 3, Block 1, REPLAT OF PALM GARDENS SUBDIVISION, according to the
plat thereof on file in Plat Book 12~ pa,ge 42, Public Recozds of St.
~u''.;Ii1i!~;;~ll ~ Wcie County, Florida; said propezty otherwise described as: Lot 7
'1 ;~j! O
4 . N and the East 15 feet of Lot 6, and the West of Lot 8, Block 1,
' ;'r ~ j M
COI.LINS PARK SUBDIVISION, as recozded in Plat Book 5, page 37, Public
i ~ ;'r
~ .
Records of St. Lucie County, Florida,~
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~ L \ = 1
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"J_~~;I~~;;uu;~a / -~~G IN PAY1A ~~r,
A~
~ ~ ~ It::A'~',~' E p- tC ;y~L P80: E
~ ~~T ~ ~{{ApiER 71•13~+. au;S Of 1971• Fla.r
~.1Nno~
~ ~ m~1S aocEa Fa~w?s. c?.~~ c~~~; c~u;c. s~. ~uue ~
~ y
~
~ together w~th all and singulsr the tenements, hereditament~ and appurunces thereunto belonging or in anywise appertainirg thereto. ~r+d ~11 rents, issws.
~ proceeds and prolits accruing •nd to sccrue from s~id premisei, ell of wfiich are intluded in the above ~nd for~goinp d~fciiption ~nd Mbendum.
~
TO HAVE AND TO HOLD the above desu~bed and gr~nted premises unto tM said MORTGAGEE, i1s successors and a~i~yns forwtr. Md tM uid
~ the ir
~ MORTGAGOR fw heirs, executars, administrstors and usigns, hereby covenants with the said MORTGAGEE, its iutceuws a auipro,
the are
r~ rhat - lawfully seized of the said premisef In (ee aimpl~s that the sarrN ~r~ frN, cl~~r snd diuhary~d irom al~ lieru ~nd ~ncum~
brances i~ law or in equity, and that they w~~~ ~nd th81Y heirs ahdl wur~nf and defend th~ titl~ fo th~ iarr» to tM said
:I? MORTvAGEE, its successors and assigns, fwever against the I~wful claims snd dem~nds of all persons;
PROVIDED, AlWAYS thst if the MORiGAGOR shafl p~Y un~o the MORTGAGEE the prom7tso~y note hereinbefor~ dexribed ~nd ~hal) truly, promptly
and fully perform, d~scharge, eaecute, complete, comply with and abide by each •nd every the stipul~tio~s, a9reements, conditions and covenanb of said
= ~rom~ssory rate and of this Mortgage, rhen this lNorty~ge and the Estate her~by cre~ted ahall cesse and be null ~nd void.
~ti IT IS UNOERSTOOD th~~ the wad "Mwlyapw" whether in the singular or pluraf anywhere in thi~ Mortysyt. ~hdl be sinpular if on~ only and
shall be plurd joinUy and wverally if more than on~. and that the wwd "thei~" as used anywhere in this Mortg~ye shall b~ taksn to msan "his:• .•~n••
- o. "its;' wherever the context ~o implies w admits. Alio, that wherever there is • r~ference in ths covenaMS and ayre~menh herein contained to ~ny of
rhe parties hereto, the tame ihall be conslrued to mean ss well as the heirs, leyal r~pr~sentative~, successas and ~uiyra (ei~h~r volunt~ry by act of th~
" partie~ or involuntsry by oper~tion of the Iaw) of the same a~d that the covenants hersin contained shall bind and the b~nefin ~nd advantaqN in~r~
fo the respedive heirs, leg~l reprcu~tatives, successors and ~{~'gns of tix p+rties hereto.
C~
= And said Mwtgagors, fa tFxmselves and their hein, legal representatives, successas and asiiflm, hereby jointly and severally cov~nant and ayne
- ro and with the said MORTGAGEE, iti successon ~nd assigns:
- 1. To pay all •nd sinyular tM principal ~nd interest •nd the various and •undry sumf of mor?ey payable by virtue of said promissory no1e, and this
= mwtysye, e~ch snd every, promptly on tM day~ respectively the same ~ev~rally becom~ dw.
' 2. To p+y ~II and ting~lar rhe t~xes. ~sseumems, levies, liabilities, oWiyations ~nd erxumbrances of every ~awre and kind now on taid dewib~d
property, o~ th~t hers+ft~~ may be imposed, wf(ered, plxed, levied, or auessed tF~e:eon, p ~hat hereaft~r may b~ levied u uus~ed upon tbis Nlort¢
ays, a th~ indebttdness tecured hereby, e+ch and every, when due and payable. ~ccwdi?iq to law, befors tFwy bscorn~ delinquent. and btfw~ any inttrt~~
attachet a any penalty is incurred; ANO INSOfAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED Of
r'`; RECORD AND THE ORIGINAL OFFICIAI DOCUMENT {SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAILY ENOORSEO
';i? OR CERTIfIED) SMAII BE PlACEO IN iHE NANDS OF SAID MORTGAGEE WIiHIN iEN DAYS NEX~ AFTER PAYMENi; and in the eveM that any thereof if not
- pa~d, saY~fied and discharged sa d MORTGAGEE m~y at ~ny time pay the ssme o~ ~ny p~rt thereof without waivinq a ~tfectiny any optiq?, lien, equity a
•+aht under w by virtue of this mortgsge and the full amovnt of each and every ~uch payment shall be immcd+ately due and pay~ble •nd thsll beir interest
~tom the date thereof un~il pa~d •t rate o( mne pe~ centum per en~um and toqe~hcr wnh f~cF~in* •II be y~ Ihe lien of th:• morptage.
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