The URL can be used to link to this page

Home My WebLink About1990 ~ 225964 - THIS INDENTURE. M+de the 17th day of A'larch A.D. 19 72 between Robert S. Whitfield and Reta Whitf ield, his wife of St. 1.11C~@ , Cp~n1y Flwida, Mrein~fta desig~a~ed ~s t ~I~OjtTGl~'i0 ' ind FIRST FEDERAI SAVINGS AND IOAN ~ ll ASSOCIATION OF FORT PIERtE, ~ cwporation apa~ized ~nd sxistin9 unda tM tavin of •U~~1ed Sidfs dF ~eri~arand haviny it~ principal pl~ce of businsts in 1M Ciy of Fort Pi~rt~, St. lucie Cou~ry, fbr~da, hereinaher dNiynated as tl» "MORiGAGEE: • WHEREAS tM MORTGAGOR is jvstiy indebt~d ~o tFw MORTGAGEE ie the sum of = 15 ~~0' ~ gwd end lawful monay of the Un~ted S~atei advanced by the MORTGAGEE unto the MORiGAGOR, as evider.ced by a ceria~n prom~story note of even date hersw.~h, of wh:ch the foilowing in Nordi ~nd figures ii a vw copy, to-wit: s 15.000.00 , ~ 3-18,091 Fort Pierce, Florida, ~'rCh 17 ~ 19 72 For value received, 1, we o~ either of us, promise fo pay, without defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Flo~ida, the sum of = 1S •~0•~ - w~th interest irom date at the rate of 7•7~o prr annum, in monthly install- -.,zn~s as (ollows: 1 1~2 on the day of ~v 19 72 ~nd a I~ke sum on the cwrespond~n~ day of oach mo~th there- after until the whole be fully paid. Each irtstaltment firsf shall be applied in payment of the interest and then on the unpa~d baiance of the princ~pal sum. If d autt is made in the F•ayment of any installment wlxn due, and such default contioues 30 days, then at the option of ~he holder, snd wiihout any other notice, all the remaining ~r,i+allments shall be due and payable at onte. Privilege is given to prepay this note in whote or in part at any t~me without penalty. Neither forebearance, nor acceptance by the holder thc~eof a(ter any default in any payments hereon, shall be deemed extension. A late payment charge of = 7~ 1O sha11 be added to each iostallment remaining ~npa~d 7 days after its due date, and s Iike sum :hall be addrd to each such in:tallment remaining unpaid ~ days after each succleding payment date. Each maker, surety and endwse? hereof, jointly and teverally, wa~ves demand, {xesentment protest and no~ice of p.otest fw nonpaymeM, and further agrres to any extension of t~me of payment, eithe~ before w after maturity, wiihout notice to any of us; and to pay alf costs oF collection, includ~ng a reasonable attorney i fee in the event of any default hereunder, and hereby seve~ally waives all benefit of homes~cad and exrmption under the constitulion and laws of each State of the U~ited Ststes, as against this obl~garion p any eatension or renewal hereof. Witne3s the Mnd ~nd seal of esch party. slRobert S. Whitfield ~A~~ • (SEAL) . sfReta Whitfield ~sEwu (s~?u ( $22 • 50 ) State Revenue • ' NOW, THEREFORE, the MORTGAGOR for the purpose of seturi~g psyment of ssid sum of S 1 S~ 0~ ~ O0 , ~nd ?he performance of the covenanb ~nd ~gretments hereinafter expreued, and for divers good and valuable considarations, by theu prese~ts, dxs grant, bargain, sell, remise, re:ease, convey and confirm unto the MORTGAGEE, iri ~uccessors and +uigns, all that cert~in lot, piece or parcel of lu~d, situate, lying, and being in the County of St . Lue ie ~nd State of fbrida, dexr~bed ~s follows: r Lot 12 of Block B of the revised plat of Cobb's Park Slibdivision as per plat thereof on file in Plat Book 8, at page 54 of the Public Records of St. Lucie County, Florida~ ~ ~ , ~ E ~ . ~ i 4 k ~ 3 w S~iATt FLU~ILA ~ o F}.. DOCUMEi~fTE STaMP Tl~ X ? "'1 ~ MAR2~~~2 d ~ ~ _ ~ N~ _ - ~;2250~ ' DVi.~f P.EYEC(IE ~ ' P.B.aso~~: _ _ d ~ 5 i ~ ~ ~ ~ ~ r~ether with sll and singula? ihe tenements, hereditamenb and appurtances thereuMO belwginy w in mywise appertaininy thersto. ~nd all rent~, iuues, ~+occsds end profin accruing •nd to sccrue from said premises, all of wiiKh are included i~ the above +nd fu~Qoirg dewiption and habendum. ~ TO HAVE AND T liQtD the abovs desuibed and 9ranted premises unto tl~e said MORTGAGEE, in successwa and suig~s fwever. Md th~ said ~ t~ieir ~ MORTGA~ R fa heirs, executws, sdministratan and •uigns, hereby covenants with the taid MORTGAGEE, its successors and astiyru, ~ ~hat '-'ey are lawfully seizcd of tl+e said prem~ses in fee simple: tMt ths same are free, ck~r and discharyed from all liens and encum~ j ~ brances in law w in equiy, and that they will sad t heir ~~n shall warunt and defe~d the titb fo the s~+rN to ths s~id ~ MORTGAGEE, its successors and ~uiyns, forever apair?sf tM lawful claima and demands of all persons; : PROVIDED, ALWAYS that if 1M MORTGAGOR sh~ll pay unto the M4RTWIGEE ti~e promiswry note hereinbefot~ destribed ~nd sfiall truly, promptly = and fully perform, discharys, execute, complete, comply with and abide by e+ch and every the stiputations, ag?eements, conditiau and tovenanb of said promissory not~ and of this Mortg+ge, then this Matgage and tht Estate hereby ae+ted shalt cease snd be null and void. IT IS UNDERSTpOp tMt the word "Morty~gor" whether in tF~e sinpular w pluraf ~nywhere in this Mwt9sye, shall be tingular if one only and ' il~all be plural jointly and uverally if mort than one, and that the word "their" as used anywhere in this Mwtgage shsll be take~ to mean "his;• •'hers;' " or °iri;' wherever tl~e tontext so implies w admits. Alw, that wherever there is a reference in the covenants snd ~greemenri fxrein contsined to sny of _ the parties hereto, the farn~ shall be construed to mean u well as the hein, kyal representatives, s~ccessaa and ~ssigns (either voluntsry by sct of the - partiq ot invdunury by oper+tion of ti~e !aw) of the ssme a~d that the covenants herein conained shall bind and the benefits and advantspes inwt ro the r~spective heirs, leyal repesentstives, succeuors and ~u°9ro of the p+nies hereto. t~ = Md ssid MortgsQws, fa themsslves and their hein, leyal rep~esentatives, successws and assigns, he~eby jointly and severally cover?+nt and apree ro and with the said NIORTGAGEE, in s~ccessws ~~d aui9ns: O 1. To pay all ar+d sinyul~s tM pri~cipal snd interest and the vsrious ~nd su~dry sums of money payable by virtue of said promissory note, +nd this ~ mortyspe. ~ach ~nd every, promptly on tM days respecfively the same several!y become due. ~ ~ 2. To pay all ~nd sirgular the taxes, ustsunenri. Iwies, liabilities, obligat~an snd entumbranca of every nafure and kind now o~ ssid d~scribed - property, a that here~her may b~ impwed, svffered, placed, levied, w+ssessed thereon, or tMt hereafter may be lev~ed or auessed upon this Matg~ ,Cj age, o~ tM indtbtedness tacvred hereby, each and wery, when due ~nd payabk, aaordiny to law, before they become dslinquent, ~nd befwe ~ny interes~ ow . - attaches w any penalty is inc~rred; AND INSOfAR AS ANY 1HEREOF IS OF RfCORD THE SAME SHAII BE PROMPiIY SATISFIE~ AND OISCHARGE~ OF RECORD ANO THE OR~GINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER OFFICIAtLY ENDORSED ~ OR CERTIFIED) SHAII SE PIACE~ IN THE HANDS OF SAIO AhORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt ~ny thereof is not pa;d, aatsfied and dixharged said MORTGAGEE rnay at any time pay the same or any part thereof wi?hout waiving or af(ecring any option, lien, eq~ity a •~aht under w by virtue of this morty~ye and the futl amoum of each ~nd every such paymem shatl be immediately due and payable snd shall bear interest ~rom the d~te ~he~eof u~til paid at r~te of nine pe~ centum per annvm and toyether w~th tuch interest shall be securcd by the lien of th:s mor~taye. . . , - - ° - -