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HomeMy WebLinkAbout0741 ~ 1 THIS INDENTURE, Mad~ th~ ~9~ day of F@bI`lla2y - A.D. 19~, be~weer? _ Wilbur A. I.arkin and Dolore~ A. LaTr_kin, his wife . : of Sti• I,1~Ci,8 Counfy Flwida, htreinaftK daipnated si th~ "MOStTGAGOR." and FIRST FEUERAL SAVINGS AND l0~?N ASSOCIATION OF fORT PIERCE, ~ twporation wq~nized ~nd ~x~atirq unda tM laws of tM United St~t~s of Americ~ ~nd Mvinp iri principai placs of b+,~in~ss fn tM Ciy of FoA Pierct, St. Luci~ County, flaida, hersinahN desiynat~d as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is jv~~ly ind~bted to tM MORTGAGEE in tAt ium of = 23~~~~ good and I~wful money of the Un~ted Statea advanced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~~ promiuoryr ~ote oi even date herewith, of wh~ch the foflowiry i~ words u?d figure~ is a uw copY, to-wit: : 23~gpp.pp N, Lt-18.019 _ ~ fo?t Pierce, Flaida, Februaurv 29. 19~.~ For v~lue receivcd, 1, we w either of us, promise to pay, without defalcation, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE al Fo~t Pierce, Fbrid~, the sum of : 2~~~~~ w~th intuest from dste at the rate of pe~ +~num, in monthly instsll- ~ ments as follows: S 1~'~ on d+e 1St' d+Y of _ ~~Y 1q-1= and ~ liks sum on tfie correipor?d~np day of esch month thert- ~ afrer until the whole be fully paid. Each installmcnt first shall be applied in payment of ths intereit and then on the unpaid bsl~nce of the prinNp~l sum. If d suh u made i~ the payment of ~~y instaltment when due, and such def~ult continues 30 days, then at the opt~~ of the holder, and without any othcr r+otice, all the remaininq ~na~allments shall be due and payable at once. Privikge is g~ven to prep+y this nofe in whok or in part at any time withoul penslty. Nei1 fwebearance, no. sccepunce by the holder thereof sfter any default in ~ny payments hereon, shall be dcemed extension. A late payment ch~rpe of ~ 9• sha11 be added to each installment remsining unp~~d 7 days ~fter iri dw date, and s like sum thall be added to each iuch installment remaining unpaid 7 days ~fter each succeeding payment date. Esch make~, surety and endaser hereof, joinHy and sever~lly, w+ives demand, prexmmen~ protest and notice of protat fw nonpayment, ~nd fu~ther ag~ees to +ny exfension of time of paymen4 either before or aftc~ matu?ity, without notKe to any of us; and to pay all costs of collection, includ~np • reasonabk attwney'a fee in the event oF any default herew?der, ar?d hereby ieve~ally waives all benefit of homestesd a~d exemption under the constitution ared laws of each State of the United States, u against this oblig~tion w a~y extension w renew~l hereof. ~ Witneu the hand and seal of each party. Ja` /J, v/ ~ ~ ~ ~AU s Wilbur A. Laridn ~U (SEAq s/ Dolores A. I~arkin ~ ~ 70 t St~M Revenw iS~aw~?«wwN~ ~wpirl~wow) NOW, THEREfORE, the MORTGAGQR fo+ the purpose of securing payment of ssid sum of = ~3~~'~ . ~nd tM performu+ce of th~ cownants and a~retrt~ts hereinaftet eapreued, and fw diven 9ood ~nd wlwble consider+tioru, by thes~ presenri, does yrant, ba~pain, sell, rsmise, re!ease, tonv~y ~nd confirm unto th~ MORTGAGEE, its sutcessors and +ssigns. •U thst certain lot, pieu or pattel of land, situatt, tyinp, and beirg in tM ~~~ty Lucie , ~nd Stat~ of Plor~ds, dewib~d ~s fdlows: + ~ Lot 1!~ and the South 20 feet of Lot 15, Block "G" of HARAVILLA ESTATES, as per plat ~ ~ thereof recorded in Plat Book 8, page 77~ public records of St. Lucie County~ Florida, : ~ ~ ~ $ ~ i Sl-,~I~t~Fi~LORlUA ° ; t~ ~ DOCUM~Td7A ~ S7:+~~iP T~ X , ~ ~ , ` ~ _ MR-8?2 ~ i ~ ~ ~ ` 5~0~~ ~ € F- U ~ : ~ ~ ~ N N.Yf ~E'~(k.'Cf _ ~ .~„0112 - ~ x ~ ~ ~ t 3, F s ~ rogether with ~EI snd sirgular tht Mnemen?s, her~d~taments a~d ~pp~rrt+nces thereunto btlorgieg w in anywis~ appe~tair?i~p tF~~fo. ~nd dl rMts, iuws, ~ ~ p~xeeds and profin acuui~,y and to acwe from s~id premises, all of whid+ are included in the ~bov~ and fw~yoirg dac~iption ~nd Mb~rdum. ~ TO HAVE ANDl[O ~OW tFie abov d~su~bed +nd y?•Med P~N^ius ~^~o rM said MORTGAGEE, in wcc~swrt and +uipns forev~?. Md t!w s+id L[lelr MORTGAGOR fa FKin, executon, ~dministrators and •ssyro, hereby cown+~n with tM said MORTGAGEE, its waeasors ~nd asaiprr, ~ fhar ~~-a-1~ lawfully seized of tM s+id premiits in fN simple: tMt fM tam~ ~n fre~, cl~~r and disch~rq~d from al) liens and ~ncum- v br~nces in law w in equity, and tMt ~es will and ~e~ hein ~hall w.r~•nt and d.f•nd rM. ~irl. ro rM sar+w to tiw wid ~t !V10RTGAGEE, in succeswn snd aui9m, forever spsirut tM lawful claims and demands of dl persaa; ~ PROVIdED, AlWAYS tMt if ti+~ MORTGAGOR shall pay unto the MORTGAGEE the promiuay ~ote her~inbeiw~ dacribad and shall trvly, p~omptly ; and fufly perfwm, d~sd~+ry~, ~aecvte, complat~, comply with and abid~ by each and ~wry th~ stipvl~tian, apreemenb, conditaro and covsnann of ~aid - promiswry rat~ u+d of tha Mwtyape, tMn this Mo~t9+y~ a~+d the Estate hsrtby ueated thall csau and b~ null ~nd wid. - IT IS UN~ERSTOOD th~t tk~ word "Morty~yor" whether in the sirqular w plural anywh~n in this Mwt9a~, shall b~ iir?pular if a+e onfy ~nd = shatl be plwal jointly ~nd ~twrdly if mor~ tha~ on~. ~nd that th~ wwd "thtir" +s u~ed a~ywhen i~ tha Mwt9a~e shali be Nk~n to m~~n "hia,•• •'Mn;• - w••;a; • whereve~ ti» context w implies or admits. Abo, tMt wherever thae h a nferenc~ in the cov~nann and ayr~emenn Mr~in contain~d ro any of ' fhe pKties hsreto, the ~anw shall b~ coosnued ro m~ae a well u ths I+~vs, byal npres~ntativ~~, uxcsssws and auigm (~itMr voluntuy by ~ct of tl~ ' ~ parties or invodunury by operation of the law) of the iam~ ~~d that the covenants Mr~in conuined shall bind •nd ihe b.n.fin and .dvnr.p.s inw• ro tM respectivt hsin, k~al reprtsa+t~tives, wccesson and ass'yns of tM p+rties herNO. ~ Md said Mortysqws, iw the~nselves and th~i~ heirs, leyal rspres~nt~tives, wcussw~ ~nd ~uiym, hersby jointly and sw~rally cov~r+ant and pne ro ~nd with tt+~ s~id MORTGAGEE, ia suoc~sson and ~ugm: . t. To pay a!1 ~nd sinputar tM principat and interest and tFN wrious and sundry sums of money payable by vi~tw of s~id promiuory note. ~nd this - rnort9a~e. ~ach ~nd ~wry, promptly on the days ~espsctivtly tFw saene wv~r~lly bscorrw due. 'y 2. To p~r all ~nd drgular th~ tax~s, ausssmN+t~, Iwies. Ii~biiiYKS, oblipations and encvmbsnc~s of ev~y natur~ ~nd kind now on said d~svib~d prop~rty, a that hereaft~r may b~ imposed, wffend, placed, levied, w aues~ed tFKreon, a tFrt hereaft~r may b~ Irv~d or us~s~ed upon this Maq- ~ sye• a the iedebt~dness acund hereby. ~acfi and ~wry, wFwn due and payabM. ~aordinp ro bw. befor~ tMy becom~ delirpwnt. ~fld ~fOff M~l ~fltNqt _ artachet w a~y penalty it incvrred; AND INSOFAR AS ANY TMEREOf IS Of RKORO THE SAME SHAII SE PROlMPitY SA115fIED AND ~ISCMARGED OF RKORD ANO THE ORIGINAL OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAiISFACTION PAPER OFFICIALLY ENOORSfD = OR GERTIFIED) SHAIL 6E PIACED IN THE HANDS OF SAID NIORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd i~ tM ~vtM tMt any the~~of is not pa~d, sat's(ied and d7scharyed sa:d MORTGAGEE may at any time pay the same a~ny part thereo( witlwut waiviny w affectiny any optan. IiN+, equity or •~Qht unde~ w by virtue of this monyaye ar~d the full amount of each aod erery such paymem shall be immediately due and payabk •r~d shall b~~r imKeft `,i ~•om rhe date rMtreof until p~id +t rare of nine pe? centum per annum a t er,~ such inrer~~ b~ secu.ed by tls~ lien of th:s morytpe. ~ ~f ~ ~ - - - - - - - - _ - ` ~,.F- ~ .c... - ~ ` ~ -t`v+r ~ . - ° ~-r.n-~;.~~ ~,,,y.a, _ : - _ ~ - ? ,~r ~ s•°xa- ti s _ z~4~. ~~._Yz: ~_~~Sw. ,.,.c_.r_._ _ .a-. ~ . . . ~il~ . ~ .