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HomeMy WebLinkAbout2098 2''~Q ~.3 ~r , THIS INOENiURE. Mad~ ~hs 2~'h da f March A.D. 19 7~ betwe~n -~'usse'~~ cro an a cro , s e of St.. Lucie ~o~nty fluida, hereinafta designated ~s the "MORTGAGOR," and f~RST FEDERAI SAVtNGS AND IOAN ASSOCIATtON OF FORT PIERCE, a corporafion wp~ni:ed and existin9 unda ~he laws oi ths U~~red Stat~s of Americ~ •nd Mvin~ in principal pl~ce of 6us~neu in the Ciry of Fort Pierc~, St. lucie County, florida, hereinah~r d~signatad tht "AAORiGAGEE:' WHEREAS the MORTGAGOR it ju~tly indebted ro tM MORTGAGEE in the sum of good +nd lawful money of the Un~ted Srates advanced by the MORTGAGEE uMO tht MORTGAGOR, as evidenced by a certain promiuwy note oi even dale Fxrewitfi, of which th~ followiny in words ~nd figures is a irue copy, to-wit: 3.000.00 3-~ 8,~ 04 fort Pierct. Florida. ~rCh 2 ~ 19~. Fw vatue received~ 1, we or either of us, prom~se to pay, without defalcat~on, to tF+e order of FIRST fEDERA~ SAVINGS AND IOAN ASSOCIATION Of ~ FORT PIERCE at Fort Picrce, Fbrids, Ihe s~m of f ~ 3L0~•~ with interest from date st the rate of 7• °'o per ~nnum, in monthly install- v ~-,ents ai foltows: i ~ 05•~ on the ~ 3t day of Ju~ . 19 72 and a like sum on the correspond~n~ day of each moMh therr airer until the whole be fully paid. j ~ ~ Each installmenf first ihall be appiied in payment of the intereat and then on the unpaid balence of the prindpal sum. If d ault it made in the ~ ~ +a;mero of any instatlmcnt when due, and such defautt continues 30 days, then at the option of the holder, and without aoy other notice, all the remaining +ns!allments shatl be due and payable ~t once. Privilege is givM to p~epay this rate in whole or in part at arty time without pc~atty. Neitrher fwcbearance, no~ acceptante by the hotder thereof after any default in any payme~ts hereon, shall be deemed e:tension. A late payment cFurge of S 7'2~ sMll be ~ ,,Jded to each installment remaining unpaid 7 days atter its due datt, and • ~ike sum shall be added to each such instaltment remaining unpaid 7 days after ` each succeeding payment date. ~ Each maker, surery and endorser hereof, jointly and severally, waives dcmand, presentment protest and notice of protest for rwnpsymmt, and fvnher - agrees to any extension of t~me of payment, eithr before or after maturity, wirhout not~ce to any of us; and to pay a!1 costs of collection, includ;np a reasonable atrorney's fee in tha event of any defautt hereunder, and hereby severally waives a~l beoefit of homestead and exemption under the constitut'an ~~7d laws of each State of the United States, ss against this obligation a any extension or rtnewal FKreof. Witness the hand a~d sesl of esch party. , - , . r ~ , ~S/ Russell IaCroix c~AU /CCw i ' • ' • IJV~I~ s~ Delia Lacroix ~n~~ ` . csE,?u ~ $19.50 ) srate Re~enus NOW, THEREFORE, the MORTGAGOR fot the purpose of securing p~yment of ssid sum of :~3~0~~~ •nd the perfwmance of tF+e covenants and +greements hereina(ter expressed, and fw divers 9ood and valwbls cons~deratiens, by these presents, does yra~t, baryain, sell, rem~se, ~ re!ease, convey and confirm unto the MORTGAGEE, iri successon and assigns, all that cert~in b~, piece w pucel of lu?d, tituat~, lyinp, ~nd beirg in the Couny of $t. I.ueie and State of Florida, descr~bed ~s follows: Lot 5, Elock 3, SILVER LAKE PARK StJBDIVISION, as per ~ plat thereof on file in Flat Book 10, Page l~, of the i ' public records of St. Iucie County, Florida ~ : i I • E i ~ i ~ ' ~-L~}-:i!_)~ ~ w ; • i 1 r . ~ ;~C p ~ ('"C'.;:::;r~ ,,o ~ ~ r::str7Z ~i:~'"-_;-`• ~ 9 5 ~ - ~ ~ ~ = :`~,~~~j = ~ N ~?*.c~ ;t::;.•, _ _ .6 - 4 p,t;, ~y c ~ ?2 -_...=`~-=6==_:=--- ~ ~ ^ ~ ~ ~ ~ } ragether w:th all ~nd singuler the tenements, hereditsmenn and appurtances thereunto belongin~ w in ~nywis~ +pptrta7ninp ther~b, ~nd ~II renb, iuws, o~oceeds +nd profiri sccruing and to xcrue from iaid premises, all of which ~~e included in the above ~nd fwe~oinp de~cripYan ~nd Mbendum. ~ TO HAVE AND TO HOID the a6ove desa~b~d and yranted premises unto tla s~id MORTGAGEE, its s~?oceswrs snd auipm forwe~. Md tfw s~id nnORTG ~jR for their ex~,~«s, ~dministraro?i and auigru, hereby covensms with the s~id MORTGAGEE, its waessors ~nd ss+iyro. ; ° ~hat are lawfully seized of tht s~id premises in fee simple; tMt tM s+me ar~ f?es, ds~r and discharped from all 1'iens ~nd ~nc~m- ~ ~ brances in law or in equity, ~od that th8y W,~~ their he;n ~hafl warrant sod d~fend tFw titb ro tM sam~ to tFw s~id ~ MORTGAGEE, its svccessws and assiyns, forever a9airtst the lawful cl+ims and demands of all persau; PROVIDED, AlWAYS that if the ARORTGAGOR shafl pay unto the MORTGAGEE the promissory rate her~inbefon d~scribed ~nd sMll ~ruly, promptly ; a~d fully perform, d~uMrge, execvte, compk~e, comply w~th snd ab~de by each and every th~ stipulations. ~yroer?Knts, condiiam and oov~nant~ of s~id _s oromissory note snd of this Mortgsye, then this Mwtg+9e and th~ Btate hereby veated shall u+s~ ~nd be rwll and void. IT IS UNDERSTOOp that tM wwd "Mwtyagw" whether in the singular a plur~l anywher~ in this Mort9~, shall b~ sinqulu if one only and shall be plur~l jointly and ~ever~lly if mor~ than one. •nd that tF~e word "their" as used ~nywher~ in thi~ Mwtyp~ shall be taksn to mean "his,•• •'hen;'~ - or "its;' wher~ver the cont~xt w impliti or sdmits. Also, that wl~erever there is ~ reference in the cov~nant~ ~nd aprtemtnri herein cont~irnd to ~ny of~ ~ 3 - rhe p~rties hereto, the same shall b~ construed to mean as wel! u the heir~, teyal rtpresentatives, ~uccessas ar+d aui~ns (tither voluntary by act of th~ ~ i - parties a involuntary by op~r~tion of tiie I~w) o( the same and that the cover?~nts h~rein contained ahall bind and tht berNfiri and adv~Mayp inu~~ ~ = ro tM respective he'ui, kyal representatives, succeuors and au~9ns of !he parties hereto. ~ Ar?d wid Maty~on, fa themielves and their F?ein, 1e9a1 representativa, successors +nd auiyns, liereby joimly and stv~rally cov~nant ~nd apree 1; _ ro and with the said MORTGAGEE, ifs s~ccessors and ~ssi9ro: _ 1. To pay sll ~nd sinpul~r the pri~cipal and inte~est ~nd the v~rious ~nd ~undry sums of money pay~blt by virtua of said promissory rate, and thit Q - mwty~ye, each ar+d ev~ry, p.ompNy on the days respectively the same sever~lly become dw. ~ ' 2. To pay aIl and sinqular the ta:es, ~s~essnxnts, levies, liabilitie~, obliyations and encvmbrances of ev~ry nature ~nd kind now on said dncribsd ~ property, w that here~frer may b~ impwed, suffered. placed, levied, or auesscd thereon, a tMt hereafter m~y bt IevMd a useaed upon this MortQ- a,c~ sge, w the i~debtedneu iecurd hereby, exh and ~v~ry, when due and pay~ble, xcordinp to law, befae they becorm delinquent, and b~for~ a~y inMrest o~ arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAII 8E PROMPitY SATISFIED AND DISCHARGED OF - RECORD AND TME ORIGINAL OfFICIAI DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfICIALIY ENOORSF~ OR CERTIfIED) SMAII BE PIACED fN THE HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in tM event tMt any thereof is not - paid, tat"sfied +nd disthuged u'd MORTGAGEE may at any t~me pay the s~me or anY pan thereof withovt waivi~g w affettir?y ~ny option, lien, puity or - •~qht under w by virtue of thia mort9age and the full smount of e~ch ~r+d every ~uch payment shall be immediate~y due +nd pay~bk and sF~all bta? intaest ~rom ~he d~te thereof until paid ar r~te of nine per centum per ~nnum and toyether w~th such interest shall be secured by the lien of th:~ motyta~. ~S~i