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Home My WebLink About2531 ~ ~~b350 THIS INDENTURE, Mad~ the 6th day of ~'ZCh A.D. 197z between _ Joseph D. Foy and Ann M. Fov, his wife of St _ LL]C~@ Counry Florida, Mreinafta dtsignated ~s the "MORiGAGOR:' +~d FIRST FEDERAt SAVINGS AND IOAN ASSpC1AT~ON OF fORT PIERCE, ~ corporation orpaniud snd existing u~der the laws of ths United Sur~s of Ame~ic~ and havir?Q ip~ri~pal Pl+u of busi~eu in tM C~ry of For1 PiKU, St. tucie Couny, Fla~da, hsreinaftt~ des~ynated +s the "MORTGAGEE:' l,~7y ' WHEREAS fhe MORTGAGOR is j~atly indebted ro th~ MORTGAGEE in the sum of S 11 ~ 2~'~ ~~good +nd lawful money of the Un~ted States advanced by tM MORTGAGEE unto the MORTGAGOR, ~s evide~ced by a certa~n promiuory note of even date herewith, oi which fhe foltowinp in words and figures ii a trw copy, to-wit: s 11,200.00 ~ 3-18,055 Fort Pierce. Flwida. ~`=Cn 6 ~ ' 19 72 Fa vatue received, 1, we or either of us, p+om~se to p~y, without defalcarion, to the order of FIRST FEDERA~ SAVINGS AN~ IOAN ASSQCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of S 11lZ~~~ w;th inte.est from date at the rate of7•75% per annum, in monlhly install- ~.,ents as fo!!ows: S 92 on the 15t ~y a( ~Y , 14?~- and a like sum on the cwrespond+ng day of each month therr airer until the whole be fully paid. Each installmcnt first shall be applied in payment of the interest and then on the unpaid balance oi the princ~pa) sum. If d ault is made in the payment of any installment whe~ due, and such deFault tontinues 30 days, then at the option of the holder, and without a~y other notice, all the remsining ~nstaltme~ts shall be due and payable at once. Privilege is given to prepay tha note in whole or i~ part at any time witMut penalry. Neither forebearsrxe, nor acceptance by the holde? thereof after any default in any payments he~eon, shall be deemed exte~sion. A late payment chsrge of =~a.SQ, sha~~ be rdded to each installment remaining unpaid 7 days after its due dat~, and s like sum shall be added to each such installme~t remaining unpaid 7 days aftcr each succeeding payment date. Each maker, surety and endorser Fxreof, jo~ntly and sevcraNy, waives demand, p~esentment protest and notice of protest fw nonpa~ment, and funlxr agrees to any extension of time of payment, either before a after maturity, without notice to any of us: and to pay all costs of cdiec~ion, including a rrasonabte atrorney's fee in the event of any default hercunder, and Fxreby severally waives all benefit of homestead and exemption undH the con~titution and laws of each State of the United States, as against this obl~gation or any extensio~ a renewal hereof. Witoess the haod and seal of each party. • S/ ose h . Foy ~g~p csEAi) S . Fo (5~?U tat evenue NOW, THEREfORE, the MORTGAGOR fw the purpose of secvring payment of said sWn of j 11 ~ 20~ and the performance of tM covenants and agreemenri hereinafter expreucd, and (o~ diveri good and valuabte considerations, by these p?esents, does grant, barysin, sell, remise, reteax, convey ~nd confirm unto the MORiGAGEE, iri succeuors and suigns: all that cert~in lot, piece or parcel of land, situate, lyirg, ~nd beirg in the Covnry of St . Lue ie and State of Fbrida, described es fdlows: The West 40 feet of Lot 15 and the East 40 Feet of Lot 14 of Block 2 of SABAL PALM SiBDIVISION, AS per Plat thereof on f ile in Plat Book 10, at page 16, of the public records of St. Lucie County, Florida.~ 4 ~ w S ~ ~ 1' ~ o~ . ~ ~ocu~r~r~r,ao U,~~ I Uq # ~ ~ 7 = Tla'•"'~ TA X ~ p~p~p j~a _ y ~ I N PA1fMENT OF TAXFS ~ ~ 0 = HARZB'72 r:~ a~'~-- pUE 01'1 CLASS 'C IRTANGIBLE PE+iS'J~iAI PRO?ER1Y~ ~ ~ U ~~:te? e:~tr?~ p ~ PURS1lANT TO t:FIMtER 71•134. ACiS OF 1471. /J.'~ ~ ~ Qti. ~va~ = ~BEA PO(TRI1S~ CNrk Cuait CouA. St lad~ Oo. H~. ~ =R=- c ~ e ~ together with sll ~nd singular the tenemenn, ixreditsments ~nd appurtances thereumo belonging w in snywise appertaining thereto, and ~II renn, iuues, ~ proceeds and prof~ts acvuirg and to sccrue from ssid p~emises, sll of which are included in the ~bove and foraQarg de~cription and haber~dwn. a TO HAVE AND TO HOLD the above desnibed and yr~nted premises unto the s~id MORTGAGEE, ib wccesson and suiyro fwevN. Md tlw said - their MORTGAGOR for hetn, executors, adminiatr~ton ~nei •uigrn, Mr~by covenant~ with th~ s~id MORTGAGEE, its wcusiors s~d assipM, ~ that they aze lawfully seized of the iaid pre+nise~ in fee iimple: th~t tiw same art free, clear and discMr~ad from ~II lians. and ~ ~ bra~ces in law a in equity, and tMt they will and thell hein sh~ll warrant and defend t}w titl~ to iM urr» to tM said ~ MORTGAGEE, its succeuors a~d assig~s, faever against the I~wful claims and demands of •II persons; PROVIDED, ALWAYS tMt if the MORTGAGOR shsll pay unro the MORTGAGEE the p~omissory ~ote hsreinbefw~ d~stribed and shsll truly, promptly - and fully perform, diuharge, execute, compkte, comply with and sbide by esch a~d every tl?~ stipulat~or?s, +greemann, conditions and coveoann of said prom;sswy note and of this Mwt9age, then this Mwtgsge and the Estate hereby ue~ted aF+all teas~ and be null ~nd void. = IT IS UNDERSTOOD th~t the wwd "Mwtg~gw" whether in th~ tingulu w p1ur:I anywhere i~ this Mwtyaye, shsll be sinpulu if on~ ot~ly and shall be plural 'pintly ~~d seve~ally if more than one. and that the wwd "their" ss vsed +nywhere in this Morty~t shall be t~ken to rrKan •'hii,•• ••Mrs•• or "its;' wherevcr the context so implies w admits. Alio, thst whereve~ thae is a refaence in the covenanis a~d ayreemenri hersin oont+ined to ~ny of - fhe partiq hereto, the same shalt be ca?strued to mean si well ss the hein, legsl rspresentat'na, iuccessors and assipns (either volum+ry by ~cl of tFw - parties or involuntary by opcratan of the law) of the same ~r~d tMt the covenants herein conUined shsll bind and the benefiri ~nd adwntayes inw~ ~ _ +o the respectiw heirs, leyal representatives, wcccsson snd au'yns of the partia hereto. ,~F ~ And said Mo?tgs~on, fw themselves and their hein, legal representatives, wuessws ~nd ~uiyns, hereby jaotly and sevaally coven~nt and ~pr~e to ~nd with the said MORTGAGEE, its successon and ~uigns: - 1. To pay all and sirgul~~ th~ principal and interest and the varian ~nd sundry sums of moruY paYable by virtue of said promiuory rtote, and this ' ; mortyaye. ~ach a~d every, promptly on the dsys respectively the ume severally bccome due. 2. To pay all and sinyutar the taxes, auessments. ~wies, lisbilitie~, oblg~Yans a~d ~r+cwnbrances of every n+wr~ snd kind ~ow on s+id dhcribed saGo - Prop~rty, a that hereafter may b~ impoted, wffered. Plsced, kvied, or asKSSed thereon, a tF~at hereaftx may be kvied o? usessed ~pon this Mortp- O~ ~,~3 age, or tM indebtedness secured hereby, esch and every, when dw and payabk. +ccordinp to law, befwe they becortw delinquent, and befor~ sny intKe~t ~L a:raches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SMAE SHAII SE PROMPTIY SATISFIEO AND DISCHARGE~ OF RfCORD ANO THE ORIGINAI OFFICIAI DOCUMENT (SIKH AS. FOR INSTANCE, THE TAX RECEIPT OR ?HE SATISFACTION VAPER OFFICIAIIY ENDORSED OR CERiIf1ED) SNAII BE PIACED IN THE 11AND5 OF SAI~ MOR~GAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the wtnt that ~ey thereof is not pa~d, sat"sfied and dixharged sa:d MORTGAGEE may a~ a~y t~me pay tF+e same w any part tF?ereof without waivi~q or affecting any option, lien, equity a •~~ht unde~ w by virtue of th~s mortya9e and the full ~mount of each and every wch p~yment shsll be immediately due and payabk and shall b~~r interest " ~.om the date thereof until paid at rate of n~ne per centum per annum ~nd toyether w~th such iMaest shall be secured by tht lien of th:s morytiye. r~ - _ _ . .