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Home My WebLink About1383 r ~ ~zssss~ ~ f THIS INDENTURE, Mad~ the ~~h day of ~~h A.D. 19 7~ betwee~ William Roy Hutchinson amd Carol3m B. Hutchinson~ his xife - ~ of Sti. Lucie , CWnty florida, h~reinafte~ desi9nated as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERtE, ~ corpaarion ory~nized and exii~in9 unda tM laws of tM United Sut~s of Americ~ and Mvinp in principal pl~ce of nusineu in tM City of Fwt Pi~rce, 5?. lucie County. Florida, hereinaftet de~ipnated tM "MORiGAGEE:' WHEREAS tM MORTGAGOR a jvitly indebted to the MORTGAGEE in the ~um of s 21 +8~~~ good and Iswful money of the United Sfates advanced by the MORTGAGEE unto tlx MORTGAGOR, as evidenced by a certain promissory note of even date herewitb, of wh~ch the io{lowiny in words a~d figures is a trvs copy, ro-wit: z 2t,800.00 . N, 4-16,070 Fwt Pierte, flotida, ~~h ~ ~ 1q~= } Fo~ valur received, 1, we w either of us, pro.m~se pto pay, without defalcat~on, to the order of fIR$T FEUERAL SAV~I~NGS AND LOAN ASSOCIAT~04 OF fORT PIERCE at Fort Pi~rce, Florida, the sum of i-s-1-~v~~-~ with inrereat irom date at 1he rate of?!1Z91s per annum, in monthly ~nstall- men~s as (ol!ows: S ~ 79 on the ~ gt day of M~ , 19 7~ and a like sum on the care~pond~ng day of each month ~hsre- ~irer until the whole be fully paid. . Each ~nstallme~t iirst shall be appl~ed in paymcnt of rhe interest and then on the unpaid balance of the pri~c~pal sum. If d sult ts msde in fhe F•ayment of any installmenl when due, and such defa~lt continues 30 days, then at the option of 1he hotder, and without any other notice, al~ the remainirg ~nsfallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. N~either fwebcarsnce, no. acceptance by the holde~ thereof after sny defa~lt in any payments hereon, sfiall be deemed extens~on. A late payment charge of 8: •95 . shall be added to each installment remaining unpaid 7 days after its due date, and • like sum shall be added to each such instaltment remaining unpaid 7 days aher each succeeding payment date. Each make~, surety and e~dwser hereof, jointly and severally, waives demand, preuntmem protest and notice of protest for nonpayment, ar?d funhe~ agrees to any extension of time of payment, either before or aFter maturity, without notlce to any of us; and to' pay all costs of collection, includ~n~ ~ reasonable attorney's fee in tha event of any defauh hereu~der, and hereby severally waives all benefit of homestead and exemption under the constitutio~ and laws of each State of the United States, as against this obl~gation or any ex~ension w renewal hereof. Witneas the hand and ual of each party. s/ William Roy Hutchinson (SEAt) s Carolyn B. Hutchinson cs~~u c ~32 •7~ ~ Stat~ Revenue , NOW, THEREFORE, the MORTGAGOR for the purpose of securing paymMt of said sum of S 21~~•~~ , and the pcrfwmance of ths ~ covenanti and agreementa hereinaftcr expreucd, and for divers good and valuable coruiderations, by these presents, does grent, baryain, sell, remise, # retease, convey and tonfirm u~to the MORTGAGEE, its successors and as~igns, ell that certain bt, piece w partel of Isnd, situate, lyinp, end being In the County of St'. LuCie snd State of Fbr~, dewibed foilows: ~ I,ot 17, and the South Half of Lot 16, Block 6, MAR,AVILLA P2AZA SIIBDIVISION, as per plat thereof ; . on file in Plat Book 5, at pages 16 and ltlt, of the 4 ~ Public Records of St. Iucie County, Florida./ i ~ ~ ~ ~ `s ~ g STATt ~F F~-ORIC~A P ~ _ DOCUMENTA°" S7AM__,.P-TpX ~ ~ j = IfARl~''R .~~~9' ~ RECEIYED ~_~~:-r~-= !N PAYMENT OF TA1(R ; O = . i 3~~ O= WE ON CLATS 'C INTIWGIBLE Pf:2S0iyA1 PRO?ERiY, s . N V ocvr.~ c[rta~ " - pURSl1AN1 TO CFiAPTER 71-134, ACTS OF 1971. ~ P.B.»o»: s IpGER PORRAS, Gerk Circuit CouR. St lu~~ Co. Fa. ~ ~ _ ~ ± ~ ~ rogether with all and singular the tenements, hereditaments and ~ppurtances therevmo belonging a in anywise ~ppertsinirg tF~ereto. ~nd all renb, issues, ~ orxeeds +nd profits scv~ing and ro acc?ue from ssid premise~, all of which ~re i~xluJed in the abovt and foreqarg dewiptan ~nd h~bendum. ~ TO HAVE AND TO HOID tka above described ~nd yrsnted premi~es unto the said JNORTGAGEE, its successws u~d ~ssiyns forever. Md tFw aid MORTGAGOR for their ~;n, e:ecuton, administnton and auign~, hereby covenanri with tF+e taid N10RTGAGEE, ib succtssors and auipra, F +hat lawfully sei:ed of tha seid premises in fee iimplr, tlut the same are free, clear and discMrged from ~II lieen and ~ncun? ; ~ ~ brances i~ law or in equity, ~r+d that th@y will and e r hein sh~ll warrant u~d dsfend th~ titl~ ro tM sarrN fo tFw said ` MORTGAGEE, i» succeuors and assiyns, faever aysinst the lawful claims and dcmands of all persons; = PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefon dtscribed ~nd shdl ttuly, ptomptly and fully perform, diuharge, execute, compkte, comply with and abide by exh and every tF+e sYipulations, ~reemenri, conditiota ~nd ~ants of said ; = promissory nore and of this Mwtgage, then fhis Mo?tg~qe and the Estate hereby ueated sMlf ceas~ and b~ nul! and void. ; - IT IS UNDERSTOOD tMt the word "Mort whether in the si ular or wal ~n hert in this Mort e, shall be ~i ul+r if on~ onl ~nd ! < ~+9a~~ ^9 P~ Yw 9~ Y " shall be pluwl jointly and teverally if more than one, and thst ihe wud "their" as used ~nywhtn in this Mortyaye sh+ll b~ takeo to rn~an •'his,•• •'hen ° ~ ~ or "its;' wherever the context w impliss a ~dmits. Also, that whtrever there is ~ reft?ente in tM cmren~nts and ~yrae+nenn herein oontairwd Io any of - the parties hereto, the tame ihall bs cwutrued to mean ss well ai the heir:, kyal r~presentstives, tucuuors and auipro (either voluntary by ~tf of th~ ; parties or i~volunbry by oper~tion of the bw) of the same ~nd that the coven~nb herei~ contained shsll bind and the benefits and adv~nt~yq inur~ ~ ro the respective heirf, 1e9+1 representativa, wccessors and ass~g~s of the p+rties hereto. a s; And said Mwtgagors, for themselva and their hein, leyal representative~, successors and auiyro, hereby jointly and s~verally covenant ~nd pree ~ to and with the said MORTGAGEE, its successors and suigro: ~ 1. To pay all snd sinyular tM princip~l ard interest and the vsriwis and sundry wrra of mw~ey payabk by virtve of said promiuwy rsot~, ~nd this ~ mortga9e, each end every, promptty oa tM days retpedively th~ ssme sev~rally become due. ~ „ 2. To pay •II ~nd s'u+gvlsr the u:es, auesunenb, levies, liabilities, obligations a~d encvmb~ances of every n~tur~ and kind now on said d~scribed ; property, p that hereafter may be impoied, suffered, plsted, levied, w ~ssessed the?eon, a that hereafter may b~ leveed p assessed upon thb Motf¢ ? a9e, o~ tM indebtedness secursd hereby, exh and every, wF~en due and payabk. ~ccwdirq ro law, before they becane d~linquerN, and b~fas any iMerest # - attaches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII 6E VROMPTIY SATISFIED AND ~ISCHARGED OF ~ RECORD AND THE ORIGINAI OFFICIAt DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFAC710N PAPER OFFICIALIY ENOORSE~ i ~ OR CERTIFIEO) SHALL 8E PIACED IN THE HANDS OF SAID AhORTGAGEE WITHIN TEN DAYS NEXT AiTER PAYMENT; ~nd in the event fhat ~ny therwf b not 1 pa~d, sat'sfied and diuharged sa:d MORiGAGEE may at any time psy the same w any part thereof without w~iviny or atfectirg •ny option, lien, puity a •~aht under or by virhse of this mortgage and the ful{ smovnt of each and every wch payment ~hall be immediately due snd pay~bk and shall be~r interest _ <<om the dafe thereof until paid at rate of nine per centum per ann~m a t e e r+' h such i~;~ be secu?ed by the lie~ of th:s morgtap~. . , ~ ~ - - - - ~ - - - - _ _ ~ ~ _ - - ~ _ ~ ~ ~y;.~~~ ~_m~? - -