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HomeMy WebLinkAbout1404 ~I ^ . iHIS INDENTURE. Mad~ ths 16th d~y a( ' .I ~ - A.D. 1972 betwee~+ , Dennis Leroy ?hospson and Janet B.?hoapson his wife of St. LuCie Counfy Fiorida, hereinafta dciignated as tMe "MORTGAC?ORti' and FIRST fEQERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, a cwpaat~on ayanized ~nd exittiny unda tM Iaws of the Un~ted Sat~s of America and Mvinp its principal plac~ of busin~u in tM Ciry of fw1 Pierce, St. luci~ Covnty. Florida, htr~inafter d~iipnatdd as the "MORiGAGEE:' , WHfREAS tM MORTGAGOR is jvitly indebted w the MORTGAGEE in ths sum of :14 good and ~+wful ma+ey of the Un~ted Srates advanced by ~he MORTGAGEE unto fhe MORiGAGOR, as ovidenced by a certa~r? prom7sswy r?o~e of even date her~wili~, of wh~ch the followinp i~ wwds and figuret it a true copy, Iowit: t 14,300.00 ~ 3-18.473 } Fort Piarc~. Flwida. .JIIA! 16 ~ 197'l ~ 1 Fw value received, 1, we or either of us, promix to pay, wilhout defalcation, to the ordet of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF ~ FORT PIERCE a1 Fort Pierce, Fbrida, the sum of s141~ . w;th interest from date at the rate of !~iTo per annum, i~ monthly instalb ' ~„enrs u follows: i 118 on the lft day of Auyust ~ ~q 72 sod • like sum on the cwrespond~ng day of each monlh there- after until the whole be fully paid. ~ Each installmcnt first shall be app~ied in payme~t of the interest and then on the unpaid balsnce of the princ~pal wm. If d au~t is mads i~ ths ~•ayment of any installment whe~ due, and such de(ault continues 30 days, then af the optioo of fhe ho~der, and witha~t any other notice, all the remaining ~ \ ~~~s~atlmeots shall be due and payab:e at once. Priv~lege is given to p~ep~y this note in whole w in paH at any time without penalty. NeitFu~ forebear~nce, ' - no~ acceptance by the holde~ thereof after any default in any payments hereon, shall be deemed eatcnsion. A late paymenl charge of s 5•~ sha11 be F ' added to each installment remaining unpa~d 7 days afte~ iri due date, and ~ like sum shall be added to each such installment remaining unpaid 7 days after - each succeeding payment date. ` Esch maker, surety and endorser hereof, join~ly and severally, wsives demartd, prexntment protest and notice of protest fw nonpayrtxnf, ~~d tunher ~ agrees to any extension of tune of payment, either before o~ after maturity, without notrce to any of us; and to pay all costs of collection, including ~ , reasonable attwney's fee in the'event of any defauft hercunder, and hereby xverally wsives all benefit of homestead and exanptan under the co~atitution a~~d laws of each Srate of the U~ited States, as ~gainst this obligatio~ w any exlension w renewat txreof. ~ Wltncss the hand and seal of esch pariy. cs~?u ~ s/Dennis Laroy ?ho~pson ~ cs~?t) REAt) ' s/Janet B. Tho~pson ~ ~ r ~~fi21 ~ 4S ) State Revenue ~ ;r 16*r~wp~~aReMed-on~f91n~n0~f1 p NOW. THEREFORE, the MORTGAGOR ior the purpose of secu?ing paymcnt of said sum of f1'~.~~~ ,+~d the performance of ths ~ cove~ann and agrcements hereinafter expressed. and tor divers good a~?d wlwble conside~ations, by these presenta, does grant, b~ryain, sell. remisq ~ release, convey snd confirm unto the MORTGAGEE, in succeswrs and assiQns, dl !hat certain bl, piece w p+rcel of land, situate, lying, snd beinp in the y ~~~y ~ $t . L.UC ~nd Sute of Florid~, dew~bed as follows: ; West 20 feet of Lot 18 and Bast 50 feet of Lot 19 D~fina Subdivision , as per plat thereof on file in Plat Book 10, page 53, Public Rtcords of St. Lucie County, Rlorida. l 3 r f e STATE QF FLORIDA ~ Z DOCUMENTAp~R STnM_ P T?X . ~ _ .N1N 19'72 d ~ ~i = ~ ~ - "`2145~ ; v~i v ~~~r.o~ar~ent. P.B.wo>>: _ I i ~ ~ ~ . ll G IN MTfAENi ~ TAII~ ~ i ~ D1~ fl11 ~S IIIiAI161l1E 4E:-aif' •aL P~OPEI1~~~ ~ ~ pUp~(WIT 10 CiM° AGiS Of 1'J/l t ~ ROSiE~ P01TRM'+ ° ~ dppqT ~pURi. Si. WC1E 00+ ~A ~ rogetMr with all ~nd singular the tenemcnts. herediumenri and appurtances therwnto btlagi~y or in anywise ~ppertaininp the~No. ~nd all rtnb, issves, ~ ~ proceeds afld PIOFitf KGU//l9 ~nd to accrue from sa~d prcmises, all of which sre i~cluded in tht ~bov~ aed fw~oirg dewiptia? and habtndum. ~ ~ TO HAVE AND TO HOlO the abow deuribed and grsnted premises unto the ~id MORTGAGEE, ib wa~ssors end +uipru forever. Md tM said : ~ their MORTGAGOR iw - heirs, executors, sdministr~tws ~nd auiqns, hereby tovenann with the s+id MORTGACsEE, its wttessws and ~siqna. ~ t~1l~ a!e - lawfull ieizcd of the said em~ses in fee sim Ir, that th~ san+e ar~ fr~e, ckar and d' from al) liern and ~w~r i rhat Y p+ P ~ b~ances in law a in equity. ~nd that L~Y w~ll u~d t~ i= hein shall wurant and defend ~he riti. ro rh. s•m. ~o rh. aid ~ MORTGAGEE, its successo?s ~nd auiyns, lwever ~y+insl tFw Iawful d~ims ~nd demsnds of all persoro; ~ PROVIDE~, AIWAYS that if the MORTGAGOR sMll p~y u~to the MORTGAGEE the prom~uwy rwt~ M?einbefot~ dewib~d and shd~ hv~Y• P~~Pt~Y and fuUy perform, d~sch+rge, exec~te, compkte, comply wirh and sbide by each ~nd wery t!w sY~putatiwa, a9ree~r~ents, conditiom s~d oovenan» of ~aid promisfOry note and of this Mo~tyage, then thi~ Mortya9e and tM Esrate her~by ueated shall u~se a~d be null and void. IT IS UNDERSTOO~ th~t the wo~d "Mortyapw" whetfier in tM sin~vl~? w plwd ~nywher~ in this Mortyap~, shall be sinpula if on~ only ~nd J shall be plural joinfly ~nd stver~lly if mor~ thsn one. snd tMt tM word "fheir" a~ u~ed anywher~ in this Mort9pe sMll b~ taktn fo mean "ha:• •"htn.° or °its;' wherever ~he comext w implies w admits. AIw, that w{ierever there is ~ reference in tM coven+nn and a~re~ments herein contain~d to ~ny o( ~ fhe parties hereto, tM same ih+Il be conit.ucd fo me~n ss well ~s the hein. I~yal rpresentatives, successors and ~ssiyra teitM~ voluntary by ~ct of t!» ~ parties a invdunury by operation oi the law) of the sanee and tMt the covenann hcre~o co.+r•~ned ahall bind •nd ~M b.n.f~n and adv+ntayes inure ~ fo the re~pective heirs, kg~l representatives. successon and au~gns of tha p+rties hento. ~ And said Mortyagon. fa themselvp and their hein, legal r~pr~sentativp, succeswrs and assipra. F?~reby joiMly and ssverally toveMnt ~r+d p~~t ~ to ~nd with the ~aid MORTGAGEE, irs successus and ~ssigrn: ~ 1. To pay +11 ~nd sirgular thc principal and intereit and the wrious ~nd s~ndry iums oi mo~xy P+Yabl~ by virtw of said promiswry not~, and thi~ mort~a~e, each and evtry, promptly on the days retpectively tM same sewrally becoin~ due. ~ ~ 2. To paY sll snd sinpul~r the qxes. ~ssessment~, levies, liabilitiei, oblip+tions and ~ncumbr~nces of every natvrt and kind now on s+id d~wib~d property, or tfi~t her~+ftK may be impw~d. suffered, p~aed, kvied, a~weusd tFwrwn, or that Mr~afqr may b~ Iwad w assss~sd upon tids Mort¢ age, w the irtd~b~edness ~scvred hereby. ~ach and every, when dw a~d payabl~. ~ccordinp ro law, befon tMy becon» delinqu~nt. bflW~ My IIItNlft ~ attaches a any penalty is incurred; AND INSOFAR AS ANY iMEREOF IS OF RKOkD TME S/1ME SHAII 6E PROAMTIY SIITISFIED ANO OISCHARGED Of - RECORO AND THE ORIGINAI OFfIC1Al DOCUMENT (SIfCH AS._FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION P/1PER OFF~CIALIY ENDORSED ~ UR CERTIiIED) SHAII 8E PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENi; and in the svent tMt ~ny tMr~of is ~01 ~ ~a~d, sat sfied and dischsrged sa"d MORTGAGEE may at any time psy the same o. anr pa.~ ~he.eof witMwvt waivinp w affectin~ any option, lien, squity or ; ~ •~aht unde* w by virh,e o( rh~s mortgaye and rhe full amoum o~ e~ch and erery svch pa~mem sh~ll be immediately due and payable •nd shall bear intNes~ : ~.om the date tFKreof unt~l paid at rate o} n~ne pcr temum per a~num and toqether ~ interss • ured by the lien of th:s morptaQ~. ,r; ~ ~ Sc~G'~,~ Pllt;f~ j~~~ , ° . ~~`u- ' ` Tj~ ~ _ , _ ~ .