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HomeMy WebLinkAbout0490 , THIS INDENTURE, AAad~ t 3rd da of ,•~rch w A.D.,'9 72 ~tw~en ~ ames xson ~ r. an immis . xson, s wif e . # . , ~f St • Lt,l @ ~p~~~y Flwida, Mrein~ftN dtsignated as t`~ ."MOI~TGA~Rt" FII~SI FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, • capora~ron orpanized ~nd exiitinp undK tM I~nn of N~! United Sul~s o~ Amerin ~nd Mvinp in principal plac~ of busin~u in tM Ci~y of iwt Pi~ra. St. luci~ County, Flaida. hsr~in~ft~r daipna~~d as IM "MORTGAGEE:' WHEREAS iFw 1NORTGAGOR it jwtly indebt~d ro ths MORTGAGEE in tM sum of = 2~ 0~ • ~ood +nd lawful mo~ey of the United Stat~s adv~nced by the MORTGAGEE unto tl+e MORTGAGOR, as evidenced by a cmta~n promiuory note of even dat~ MrewitF, of wh~ch the followi~ In wad~ and figurts is • trw copY. towit: ' s 2,000.00 , ~ 3-is,046 Fwt Pieru. Florida, March 3~ 19 72 Fa value received, 1, we or either of us, promise to pay, witFw t defalc~tio~, to the orde~ of FIRST FEDERAI SAVIN(G~~S~ AND LOAN /1550CIATION OF FORT PIERCE at fort Picres, Fbrida, the sum of j 2~~~~• w;th interest irom date at the rate of 8•~"96 pa annum, i~ monthly install• ments as fullows: = 17 on tl» 1 S t day of ~y , 19 72 and a like sum on the correspondinp day of each month tFwrr after until tl?e whole be fully paid. Esch installment fint shall be +pplied in payment of the interest and then on the unpaid balance of the pri~tipsl sum. tf d auh it mads in the paymeM of any installment when due, and such default continuea 30 d~ys, 1he~ ~t the op+i~ of the hotder, and without any other notice, all the remaininy ~nstallments shall be due and payable +1 oncs. Privilap~ is given to prep~Y this note in whole w in part at any time without penalty. Neither faebea~~nte, nw acceptance by the holder thereof ~fter ~~y defsult in any payments hereon, shall be deemed eYt~nsion. A late paymeM charge of 85 sMll be added ~o each inatallment r~mai~iny unpaid 7 days aft~r iri due date, ~nd a like sum shall be sdded to each tuch installme~t remainirp unpsid 7 days after each suct~ediny payment date. E~ch maker, surety and endorser hereof, joinNy and severally, waives demand, p~esentment protest and notice of protest fw na?payment, ~nd furthtr agrees to any extension of time of payment, eithes be(ore w afte~ maturiry, without notice to any of us; and to pay all costs of co~lection, includ~ny a :easonabk atto?ney's fee in the event of any default hereunder, and hereby uverally waive~ all benefit of homestead and exemptio~ under tM constitution and laws of each Sqte of the United States, as aQainst this obligation a any extensia~ a renewal hereof. w~rness rhe hana ana sea~ of each pa?t,~. s/ James A. Dixson, Jr. cs~?u cs~r?u s/ Jiaaie L. Dixson ~q (5El?U ~ S 3. 00 t Stat~ R~venw psampsa~odl~wla+oed NOW, THEREFORE, the MORTGAGOR fw the purpos~ of secvrinp p~yment of said sum of = 2~~~' ~ ~nd the perfwma~ce of t!?~ covenann ~od ~~eements her~inafte~ expreued, and fa divers pood ~nd val~able canideratioos, by these presenn, does yranf, baryain, sell, remise, releass, convey and conf'um unw tM MORTGAGEE, its wccessors and suiyns, a1~ that ceruin bt, piece or pucel of lu+d, sitwte, lyin~, and beirg in ti+~ County of SL. I'uCiQ ~nd State of Florida, describ~d as follows: c Lots 1 and 3 of Block 2 of PI'.VBCRBS? SUBDIVISION, as per plat thereof on file in Pl~t Book 5, at page 15, of the Public Records of St. Lucie County, Florida, _ W ST~ ~ ~~.~QR~~A ' j i DO A jAM~ N ~ - ~ 3~g= .s.. ` ` ~~o~ ts _ ' > _ . This is a second a~ztqasQ, beinq inferior only to a prior first nortgage from nortgagors to aortgagee dated July 12, 1971 ~ and recorded in O.R. Book 143, page 2838, of the Public Records ~ of St. Lucie County, Rlorida, E : l1~'~ ~ ~i lN ~ ~a~ ~ M'"^~ ~ 1f~1~' € ~ ~p ~yN/~E~ x ~ Ca ~M- ~ . ~v, ~na a.~ x togethN wGth all and s~ngular tFa tenements, hK~tsmenb u+d sppwlances tF~reueNO b~lag'wg w in anywis~ ~ppKtaininp tMr~w. ~nd dl nnts, i~sws, ~ p~oce.ds and profin .cuuinq and ro ~ccrue from ssid prempes. ~II of whid~ ae indud~d 'a+ tlw ~bov~ and fwpanp d~saiptian a~d Mb~nduen. ~ TO HAVE ANO TO HQLD tM abow describ~d and y~a+t~d premises ~oto th~ said MORTGAGEE, iri succsswn u~d aufpns fortwr. Md th~ s~id ~ ssipns, Mreby cov~nsnh with tM said MORTGAGEE, its woc~s~on ~nd ~ MORTGAGOR for th81= Fwin, ~xacuton, administntors and • ~~s~. ~hat they aYQ ~~~h ~Z~ ~ the said premises ie fe~ ~implr, tfi~t tFr s~m~ u~ frN, ckar ~nd d'acMrpcd froen all li~r~ and ~nc~nr ~ crancs~ in kw a in equity, and th~t thev will and their FKin shall w~rr~nt aod d~fend th~ titb w tM sam~ to tM wW tAORTGAGEE, its sucuuors a+~d auipro, fwwer apainsf fi» lawfvl clsims ~nd demands of ~II persora; PROVIDED, ALWAYS tMt if tht AAORTGAGOR shall p~y w+to the AhORTGAGEE th~ promissory rate h~rtinbsfore d~wib~d and ~h+ll truly, promptl~r and fully p~rfwm, d~schar~. ~x~cvte, complet~, comply witl~ snd ~b7de by eacl+ and ~wry ti» stipulations. ~yre~rnents, conditloro and oov~nann of said " promis~ory not~ ~nd of this Mort9ap~, then this Mwt9a9t and the bute h~r~by wat~d shall pa~ and b~ null and wid. - IT IS UNDERSTOOD that tM word "Matypor" wh~tFw in the tirgular w p(wal ~nywhers k~ this Mortyaye, ~hall bt ~irgular if o~t onfy and shall bs plural jointly and stv~ralfy ff mon tFwa oer, and that th~ wad "the'v" as wed anywwhen in this Mo?tqa0~ sh+ll b~ taken to mean •'his,•• ••Iwn,'• w"iri," whereve? the contsxt w implia a admin. Also, tMt wherever thert a a r~ferenc~ in ttr coven~nn and praerne~» Fierein oont~irwd to u~y of the parties hereto, the s~ne ahall b~ corotrued ro m~an u well u tM h~in, {pai repr~sentatiws, sua.~uon u+d ~ssipns (~ithu volunbry by ~ct of flr - pa.ti~ o~ involunt~ry by operuion of tF» law) of tl+~ s~ s~+d that ~he cov.nann her•in conuined ahall bind and rh. ben.f~n a~ .dvanta~.s inw. f fo ti» nsp~ctive h~'us, Ipal repnsentatives, succKwn ~nd ~ss~yea of th~ puti~s Mreto. ~ - Md said Mo?tyapors, fo.' tF~ems~lws and ti~eir hein. Is9a1 rp~~sentatiws, wccKSO~s ~+d su'gm, i+ersby jointly ~nd s~vK~lly covtnant and prK ~ ro and with t!w said MORTGAGEE, ib sucas~ors a~d ~ssipro: ' 2 1. To pay all and tinpulu tM principal ~nd intKtst and the vuious and wndry wms of momy p+ysbl~ bp viAw of said promiuory note, snd this morty~pe. ~ach and wNy. PromPtlp on tM days rapsctiv~ly th~ same sewr~l~y becan~ dw. ; 2. To psy dl u~d sinpvtar th~ tax~s, asaessm~nb. Iwies. tiabilities, obliystions and tncvmbra~us d every n~h,r~ ~nd kind now a+ aid d~cribed : p.op~rtp, or that h~reahM may be impo~ed, svff~?~d. P~aced. Iwied, a aswsf~d tF~erw~, a that iw~~fter may b~ Iwi~d a aka~d vpon NAs Mwt¢ - +g~, a tM indebte~Mxw tecw~d Mreby. ~ad~ a~d ~very, wMn dw and payable, aaotdinp to I~w, bsfon ti~r ti~caew d~liepvent. ~nd befort any inta~st 4 aneches a any pe~slty is incwred; AND INSOfAR AS ANY TNEREOf IS OF RKORD THE SAME SNAIt dE PROMPTIY SATISFIEO AND DISCHARGED OF 'R RECORD ANp THE ORIGINAI OfFIC1Al OOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATfSfACTtON PAPER OfFICIAIIY ENOORSED ~ Rw= QR CERTIFIE~) SHALL SE PlACEO IN TME HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER iAYAAENT; and in the eveM that My therwf is no1 ~ pa~d, saCified and dixhar9ed sa:d MORTGAGEE may at any time pay the same or any pan thereof without w~ivinp w ~ffettinp any optan, li~e, puity a { •caM under or by rinue of this mortyaye and the full amount of sacb a~+d ver such payrtKnt tMll be irtwnediately d~re and payable and iFult b~a~ int~rat ~ ~rom ~he dafe the~sof u~til p~id n rate of n~ne per «r+tum per anrwlil ~d w~th s~ch~~ shall be secv[cd by th~ lien of th's mor9taye. 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