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HomeMy WebLinkAbout0011 ~ ) ~ ~ ~ ~ THIS INOENTURE, (Wd~ the 2nd ~y of June A.D. 19?? betwean Stephen C. Hunter and Loretta Hutiteri his wi~e of Sf • L.LICl@ , Cp~nty flwid~, htr~inafter designatd ea tlve "MORTGAGOR," and FIRSi FE~ERAL SAViNGS AND IOAN , ASSOClqTlON OF FORT PIERCE, a co?poration u~snisad ~nd ~xi~~in~ vndw tM laws of t?~s Unit~d Sfat~f of America ~nd havinp its principal pl~ce of butin~ in tM City of Wn Pierc~, St. luci~ Cou~ty, Fbrida, hsre'u?+ftN dstipna~ad as ~h~ "MORTGAGEE." WHEREAS tM MORTGAGOR is jvslly i~debted to tM MORTGAGEE in fM sum of ~ 16.4~•~~ good and lawlul money of the United Srates advanced by the MORiGAGEE unto ths MORiGAGOR, ~s evidenced by a certain promiuory not~ of even date Mr~witF~, of which the (ollowing in ; words ~nd figurei if a t~w copy, to-wit: ~ 16,400.00 ~ 4-18~427 ~ ~«r P~.~.. Fi«~d,. June 2 19 72 , Fw valw r~ceived, 1, we or eithe~ of us, p?omise to pay, without defalcation, to tha orde~ of FIRST FEOERAL SAVINGS AN~ IOAN A550:lATION OF FORT PtERCE at forl Pierce, florida, the sum of = 16~ 400•0~ w~th interest (rom date at the rate of 7~$% per annum, in monthly install- ' menrs as follows: ; 122! on fF~e 1St dsy of Au~St 19 72 ~nd a like sum on the cwrespondinp day of each month thr.r afrer until the whole be fulty paid. Each i~stallmeM fint sha11 be applied in paymeM of the intcrest and then on the unpaid balancs oi ~he prindpal sum. !f d auh Fs made In fF~s _ paymenl of any insullmenf when due, and suth defiault coNinue~ 30 days, then at the opti~r? of the holder, and without any olher not~ce, all the remainin~ ~nsrallments shalt be due a~ payable at once. Privilege is given to prepay this ~ote in whol~ or in part al aey time withwt penalty. Neither faebears~ce, nw stteptaoce by the holder thereof after any default in any payments hereon, shall be deemed extension. A late paymeM charge of f 6~ 1O shall bs added to each instaltment remaininy unpaid 7 days after in•dve dats, and a tike sum shall be sdded to each such installment ~emaining unpaid 7 days after each wcceeding payment date. ' Each maker, surety and endwur he~eof, jantly a~d seve~ally, waivet demaod, presentment protest end notice of p~ote~l fw nonpaymenf, and furthe~ aqrees to any extensan of time of payme~t, eitl+er befwe w a(ter matur7ty, wi~hout not;ce to any of us; and to pay all costs of rnttection, includinq a reasonable attorney i fee in the event of any default hereurxler, and hereby severally waives alI benefit of homestead and exemption untkr the constituYan and laws of each State of the United States, as ag~inst this obligatan or any extension a renewal hereof. W~~~cu the hand and seal of each party. (SEAy ~ _ S~ Stephen C. Hunter ~,u cs~?u 24 60 . S/ Loretta Hunter ~ c ' ~ s~.?. ae~..,~ ~ Z9?am~AlR'~Nld OR' O?Iy1H/I'TI~I!'~ . NOW, THEREFORE, the MORTGAGOR fw the purpose of securiny payment of ssid surn of i 16 • 4Q~•~ , u?d the perform~nce of ths covenanb and apreemenrs hereinafter exp~essed, s~nd for divcrs 9ood and v~lwbl~ cauiderations, by tMs~ presents, does yr~nf, bar~ain, teU, remise, release, convey snd co~f'um u~ro fhe MORTGAGfE, its successors and sui9ns, •II that certain lot, piece or pucel of land, situ~te, lyirg, and being in 1M Co~nry of St •~.11Cie aed Stat~ of Fbrida, desaibed ~s follow~: The South 37.5 feet of Lot 18 and all of Lot 19, Block 1, MERRIN'EATHER PARK SUBDIVISION, as per plat thereof on file in P1~t Book 6, page 16, Public ReCOrds of St. Lucie County, Florida, W STq-r~ . . ~ J j oocuME~vrQ o~~ X. : o = .~-s~t . . i" U = _ OF tEYE ~ DEii. W~E I ~ ~ ~.O ~S P.B.~~o~~: = R~'~D t.~~• ~ G t~c r~~.~~;*r ~ i~.r~ DCE 011 E:ASS 'C' Ih"!ANGtELC F~:7:rr,:. PRU*fi(Y, ~ Pi;~.;w'k::( TO i:i~Ri :r? 7:-:'+~: r!F :a1;. ~v" / , ~ CL~A,`, ~..T ~'~j~T.', j.'JZ` Yt.•~'~ ~L:~_:f 'J~~, ' rogethcr with all ~nd sirgular the t~nem~nts, F~tr~dit~menb and •ppurtsnces tF~e~nto beiaginp or in snywis~ apperhinirp tl~ereto, and aU renta. issues„ pr«eeds •nd profin .cuuing and to acuve from said prsmi~es, all of which an includ~d ln the ~bov~ ~nd fa~yoinp dswiption ~nd hab~ndum. IO HAVE AND TO~ tM abov~ dexribed and ynnted premises umo th~ s~id MORTGAGEE, its waessws ~+d assiqiu forwK. Md th~ s~id MORTGAGOR fw t__--r hein, exec~ton, ~dministnton and ~siiynt, haeby townanri with tM said MORTGAGEE, its waesson ~nd assipm. they are ~ ihat lawfully seiud of the said prN++wes i~ fse simpl~; that tM sarn~ ar~ fr», cleu and dischuped from ail 1'Kns and ~ncurr~ : t brances in law a in eqvity, and that they W~~~ _ their ~II w~rru~t and d~f~r~ the tfflt b th~ s~m~ to tM w1d ~ MORTGAGEE, its sucussors and auigro, faw~er ay~irot tlN I+v tul cl~ims and demarwls of al) p~rsoroj i PROWDEO, /ILWAYS that if tM A10RTGAGOR siult pay unto the MORTGAGEE tM promissory not~ hareinbefor~ dacribad and slull trvly, promptly ` and fully p~rform, diach+rQt, execute, compi.t~, comply with snd ~b'ide by e~ch ~nd ~wry the qipulatwns, apretmenb, conditans and cov~nh of ~aid Promissory not~ ~nd of this Mwtys~e. thN? this IlRortQsye and the fsqte ItNfby CENtld lFNII ~Nf? and b~ null and votd. i IT IS UNDERSTOOd N+st the word 'Mort~syw° whetha in tFw sinpular a plur~l inywhar! in this Mortys~e, shall M sinyulu if one only and ~ sh~ll b~ plural jointly snd kverslly if mw~ th~n aw, snd that the wwd "their" as wed anywF~u~ in this Abortyap~ shall b~ taken to rn~~n "his:• "h~n•, ~ o. "iri:' wharever the coroext so implies w ~dmin. Alfo. tMt whe~eve~ ther~ is a r~ferena in th~ cownants a~d preansMS her~in oonuintd to ~ny of rhe parries he.e~o. the same siull be co.atrued w mean ss well u tM Min. Ip~I ?~preser?tatiwr, s~cc~uon and assipro (eNhM voluntary by act of tFw pa.ti~s or involuntuy by operetion of th~ I~w) of the same and that rM cov.nann h.r•M oonra~ned shall bind and ~tK ba+efin aod adv.m.y.s inurf ~o the reapectiw hein, kyal repreuntatives, successon and asrpns of tM p~sfi~s her~to. Md s~id MortQpor:, for tF~emselves and their heirs, lepal representatives, wccestori a~d auiyro. Mreby joimfy and wvaally covenant ~nd aprec to ~nd with tlw s~id MORTGAGEE, iri sucuswn and auiyra: 1. To p~y all ~nd sirgvlar tM principal and interest a+d the v~riwis and s~ndry sums of mw+~y p+YaW~ by viAw of said p?omissory rwte, and thit ^arty+9~, tath and tvery. P~omPtty on the d~ys respectivtly tFie same ssv~rally bscane due. Z To pay dl and sinQvlu the taxes, asNSUnenb. I~vies, liabil~twss, obliystioro a~d e~armb~ar~ces of every natw~ and kind now on ~aid d~scrib~d p?eP~+tY. w that hereaher msY be imPossd, suffer~. P~+ced. levi~d, a aKess~d thenon. a thst henaNer msy b~ lw~ed o? ases~sd upon this Mort9- ap~, a tlw irdebtadneu ~ecwed hereby, exh and wery, whtn dut ~nd p~yabk, accadirp ro law. befo~~ they b~come delinqueM, s~+d b~ia~ ~ay interyt attsches or any penalty is i~cwred; AN~ INSOfAR AS ANY THEREOF IS OF RECOR~ THE SAME SHAII dE PROMPTLY SATISf1E~ AND OISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfAGT10N PAPER OffIClAIIY ENDORSfD OR CERTIFIfe? SHAII 6F PUICED !N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfiER PAYMENT; and in the eveM that any tF?ereof is not paid, sat'sfied snd discharged sa:d MORTGAGEE may st ~ny fime p~y the s~me a s~y psrt thertof witlw~t w~ivinp or affectin~ any option, (iei?, eqvity w ~~qht under d by virtue of this mortgaye a~d the fvll ~mount of e+ch and every sucF~ payment shall be immediat~ly dw and p~yabl~ and sMl) bear i~t~rest ' ~.om ~he date thereof ~~til paid at rate of nine per centwn pe~ ann~m and toyether w~th wcF~ inyera~/ ~y secured by ~ of th;s maytaqe. BG~K~~VJ PACf , „ ' • ' ; ~ ~ ~ _ i * ' ~ ~~4~-~'".~ . M . _ ¢ ~