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HomeMy WebLinkAbout1800 2;~5822 THIS INDENTURE, Mad~ the 17th day of ~larch A.D. 19 72 berween Irvin Scott and Mary Scott, his wife of St . Lucie , ~~~y Flor~d~, hereinafttr dtsignated ~s the "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of fORT PIERCE, • co~paatan org+nized and existinp under the laws of the Un~ted S~st~t of America snd Mving itt principal place of bus~Ma in tM Clty of Fwt PiKCS, St. luci~ Counly. Florida, hersin~her deiipoated as tl» "MORTGAGEE:' WHEREAS tht MORTGAGOR is jvstly indtbted to tht MORTGAGEE in ths sum of s 1~;500•0O good and lawtul money o( the U~itrd Sratss advanced by th~ MORTGAGEE unto Il~s MORTGAGOR, as evidenced by a ceru+n promissay not~ of even da~e herew~th, of wh:ch the followin~ in wo~ds ~~d figures ii a vw copy, to-wit: ~18.500.00 ~ 3-15,090 , F«f P~e«e, Flaida, `~arch 17 ~ 19 72 Fw value reteived, 1, we w qilher of us, promise to pay, wilhoul defalcation, to the order of FtRST FEDERAL SAVINGS ANp LOAN ASSOCIATION OF FORT PIERCE a~ Fort Pierce, F{wids, the sum of j 1~ s-50O• VD w;th ~nterest irom date at the rate of7 • 7S% per annum, in monthly inatall- ments as follows: =1 52.00 p~ ~M1SL day of ~y , 19 72 and a like sum on the cwrespond~ng day ot each month therr afrer until the whole be fully paid. , Each installment first ihall be ~pp~~ed in paymcnt of the iNerest and then a? the unpaid balance of the p~indpal s~m. ~f d ault is made in the payment of sny instatlment wher? dve, and such default continues 30 days, then at the option of the twlder, and wi~hout any olher notice, all the remaining ~ns~allments shail be dw u+d p~yable +t once. Privileye ii givcn to p+epsy this note in whole or in part at any t~me without penalty. Neither fwebear~nce, nor atteptance by the holder thereof afte~ any default in any payments hereon, shall be deemed extension. A la~e payment charge of S 7• 6O shall be added to each installment remaininp unpaid 7 days afte~ its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each ma4er, surety and endorser hereof, jantly and severally, w~ives demand, presen!r.ment p~otest and notice of protest fw rwnpayment, and further agrees to any exicnsan of time of psymeN, cither before or after maturiry, without no~~ce to any of us; and to pay all costs of coflection, i~+cluding e ~easonable attorney's fee in the event oi any default hereunder, and hereby severally waives all benefit of homestead and exempfion urtder the constitutan and laws of each State of the United State~, as against this obligation or any extens~on or renewal hereof. Witnes~ !he hand and seal of each party. s/ Irvin Scott ~Ai~ (SEAt) S~ Ma~ISI SCOLt (SEAU (SEAI) ~ ~S 2 7. 7 S t Sta» Revenue (S+s~c saraM~d ~NC iAyNa~'iww) NOW, THEREFORE, the MORTGAGOR fw ths pu~pose of securing payment of said sum of S 1~~ S~ , and the performance of the covensnts and syr~ements he+einsfter expresud, ~nd fw divers good and valwble considerat~ons, by thesa presents, dxs gra~t, bargain, sell, rem~se, release, convey and coofirm unto the MORTGAGEE, iri sutcessors and ~uigns, all that certain lot, piece ot parcel of land, aituate, lying, and being in the County of St . LllCl@ , and State of Fbrida, dewibed ai (ollows: Lot 12~ Block 3, SOUTFiERN VIEW ADDITION, as per plat thereof on file in Plat Book 9, page 44, Public Records of St. Lucie County, Florida, ? k { i ~ ~ s s ~ ! `z ~ w STATE ~F FLORIDA a ~ ; t~ ~ DOCUMENTAo~.~ STA;~iP TAX ~ '7. ~A Pfi'H?~ ~ d ~ _ Pppp~?~Y~ ~ ~ o _ ~ IWt20r'!2 ~ ~ ~ c - ~ ~0 CtN?'TE~1134eRCT ~ 1911. V ~ J_ k~ RS y. l~?d' tt. F1'.~ ~ M ~r.~r ct,rcaE • ,y = ~ Clsc:iK Cos~~1. 5 p~.t~o~~t gpGLRPDIiIiA~ . ~ ~ ~ y togetFKr with all ~nd singul~r the tenement~, hereditsmeoh u+d sppvrt~nces thereunto belongirg or i~ ~nywise apperfaininp thereto, and ~11 rsnb, issues. proceeds and profib acauing snd to xave from said premises, ~II of which tre included in tht abov~ u~d fore~oiny description and Mbendum. ~ TO HAVE AND TO HOID th~ ~bow dewibed and yranted p?emises unto the said MORTGAGEE, its successors and assi9ns foreve?. Md tM saW ~ NSORTGAGOR for t h@ 1 Z ~~;rs, executon, administrstors and assigns, hereby covenann with the ssid MORTGAGEE, its ~ucces~ors ~nd ~uipro, rhst they are ~~~ully seiud of tht said premises in fee simple; that tM s+m~"are free, ckar snd dixharyed irom all lians and encu~ ~ z brantes in law or in equity, and thaf they w;i~ their hein sh+ll warnnt and defend the title fo the s+rrw fo the uid MORTGAGEE, in successws and assipns, fwever again~t the lawful claims s~d demu~ds of all persons; PROVIDFD, ALWAYS tMt if tFK MORIGAGOR shalt p~y unto the AhORTGAGEE the prom~ssay ncte hereinbefore desc?ibed and shall truly, promptly ;T and fully perfwm, diuAa?p~, execv», compkte, comply with ~nd abide by each ~nd every the stipulations, agreemenn, conditions •nd covtr?+~n of a~id - p~omissory not~ ~nd of this Mort9ape, then this Mortyage and tFw Esqte hereby ueated shsll uase and be nvll and void. ^ IT IS UNDERSTOOD that the word "Mwt9a9or" whetM? in the singvlar or plural anywher~ in this Mortyaye, shall be sirgular if one only and ~ shsll be plural jointly and wverally if more th~n on~, and that th~ wwd "their" ~s used anywhere in this Mortg+pe shall be taken to me~n "hq:• ••hen•• ~ or °its;' wherwt? tM cont~xt so implies w admits. Also, tMt wherever there is a reference in the covenann snd apreeme~ts herein coMained to any of U - the psrties herHo, tM same shall b~ construed to rtaan u well as the heirs, ley~l r~present~tivN, succ~uors and suigns (either wluntary by act of tM ~ parties a invol~ntary by optration of the law) of tht iame snd that the coven~nti herein contained shall bind and the benefits and adwntayes inurt = ro the r~spective hein, M~+1 representatives, successors and au~qro of the parties hereto. Q ~ Md said Mwtpayws, fw themselves and their hein, le9al representativa, successors +nd suigns, hereby jointly and sever~lly covenant and ~yrae ~ ' to and with the s+id lNORTGAGEE, iri successors and ~uiyro: = 1. To pay ~II and sirgulN fhe principal and inter~tt snd the wrious and sundry wms of money payabl~ by v~rtue of said promiswry note, u?d this a ~ _ mwtyaye. ~+ch ~nd ~very, promptly on tM dars resp~ctivety the iame sev~r~lly become dve. om ~N 2. To pay •II uid ~irgvlar tM ta:es, ass~ssmenn, (evies. liabilities, obliyatior» and tncumb~~nces of every nature and kind naw o~ said d~wibed proparty, a that hereah~r m~y b~ impwed. suffered. pl~ced, levied, or ~uessed thereon, a tMt hereafter may be IevGed w aiseued vpon thh Mortq- ~p~, w t!w Irdebtednsss secured her~by. ~ach and ~very, when due and payabk, accordinp to bw, before tt~ey become delinquent, and befwe any intsrest - attaches or sny penalry i~ incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD 7HE SAME SHAII SE PROMPTLY SATISfIED AND DISCMARGED Of RECORD ANO THE ORIG~NAL OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPi OR THE SATISfACTION PAPER OFfICIAIIY ENDORSED ~ OR CERi1F1ED) SHAII SE PUCED M THE HANDS OF SAID MORTGAGEE WtTHIN TEN OAYS NEXT AFTER PAYMENT; and in rhe e~rent that ~ny thereof is not pa~d, sat'sfied snd discF~aryed sa:d MORTGAGEE may •t any t~me pay the same a any pan thercof witho~t waiving or affectiny any option, lie~, equity a - ~~aht under w by virtue o~ this mort9s9e and the fvll amount of eath and every iuch payment shall be immediately due and paysble and sMll bear interest ~•om the dat~ thereof until paid at r~te of nine per centum per ~nnvm •nd toyether w~th such imerest shall be securcd by the lie~ of th's mwgtpe. p;, ~s - ~ - . , s i i.r ~x _ - .;~r= ,~T_ ~ 3 .x:~:. t~y~-y~ ~1-.~;"Y...-~~ ~ t ~_~-.:L~ . , _ t ~ . . r'..y,~.V t _'~c5