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HomeMy WebLinkAbout1541 231821 ~ . THIS InDENTURE. Msd~ tM 13th day of J~e ~ , A.D. 19 72r betweM Ralph tl. fistes and Marion B. Estes, his Mife of St. LLIC~e , Counfy Florida, hereinafter des~gnared as the "MORTGAGOR," and flRS~ FEUERAI SAVINGS AND IOAN ASSOCIA?fON OF FORT PIERCE, a capaation orp~~ised and exi~ting under the laws of the Un~ted Star~s of Mnsrica and M~inp in principal plau of buuneu in th~ Ciy of fat Piace, SI. luc~e County, Flprid~. her~inafl~r dsiiy~atad +s tF+e "MORTGAGEE:' - WHEREAS IM MORTGAGOR is justly indebted to ths MORiGAGEE in the sum of s 25J.~0 good and lawlul money of 1M Un'~fed States advanced by tAe MORiGAGEf unto ths MORiGAGOR, as evidenced by a certain promissay note oi even d~te hertwitb, of whith the followi~p in wads and f' ures is a frw copy, to-wif: : 25,0~•~ ,~_3-18~462 Fwt Pierc~, florids; J~@ 13 • 19 72 Fw value rcceived, I, we a tithe~ of us, promiu to pay, without defalcarion, to the order of FIRST FFDERAL SAYlNGS AND LOAN ASSOCIATION OF FORT PtERCE at fort Pierce, florida, fhe sum of S 25~~~~~ w;fh interest from date et the rate of 7~7-~6 per annum, in monlhly install- ments as fo!!ows: S 189~~ on the 1St day of A~~t , 1~2 and a like sum on the correspondiny day of each ma?th the~e- a1~er v~til the whole be iully pa~d. Each installment first shall be appl~rd in payment of the i~~erzst and then on the unpaid balance of the princ~pat sum. tf d ault is made in ihe Nayment of any instatlment when due, and such dafavlt cont;nues 30 days, fhen at the option of fhe hoider, and without any otiur notice, all ihe remaining ~nsrallments shall be due and payable at once. Privilega is given fo prepay this note in whole w in part at any time without penalty. Neithe? forebeara~ce, nor atceptante by the holder thereof after any deiauH in any peymenis he~eon, ahall be deemed extension. A I~te payment tMrge oi : 9.45 sh~H be added to each instal~ment remaining unpa~d 7 days aFter ih due date, and a like wm shall be added to each such i~stallment rama~ning unpaid 7 days aftet each succeeding payment date. Each maker, su~ety and endase~ hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of paymeot, either before or after maturity, wirhout notice to any of us; and ?o pay all costs of cotlectioe, includ~np a reasonable attwney's fee in the evcnt of a~y default hereunder, and he~eby severally waives all benefit of homestcad and exemptio~ under the constitutiwf and laws of each State of the United Statea, as aga~nst this obl~gatia~ or any extensio~ or renewaf hereoi. Witness the ha~d a~d uat of each party. S/Ralph H. Estes ~~y csE~?u S/Marion E. Estes ~p ( 'S37' ~ ~ Suro Reveeue ~U ( NOW, THFREFORE, the MORTGAGOR fo? the purpose of aecuring payment of ssid sum oi S 2S and the performance of tM covenants and agreemema hereinafter expressed, and to~ diveri 9ood arrJ val~able conside~stian, by these presents, does ~iant, bar~ain, sell, romise, retease, conv y ~nd contirm unro the MORTGAGEE, its successon u?d auiqns, eil th~t cert~in bt, piece w puce) of I~nd, situat~, lyirg, and being i~ th~ Co~~y ~ St ~ LuCie and State of Florid+, dewibed a follows: Lot 9 of Block A~ and-that part of Lot 10 of Block A~ described as follows: Beginning~at the Southeasterly corner of said Lot 10~ and running along the East line of said Lot, 29.0 feet; thence Southwresterly 116.32 feet ta the ~.1est line of said Lot at a point distant 66.0 feet North of the South~rest corner of said Lot; thence Sauth 68.0 feet to the Sauthaest corner of said . Lot; thence Northeast~rly along the Southeast line of said Lot~ 143.46 feet to the Place of Begiru~ing; all lying and being in Cortez Bstates~ Unit one~ a Subdivision according to the Plat thereof recorded in Plat Book 11~ at r'age 18~ of the Public Records of St. Luci¢ County~ Florida. W Si"~-1T ~ r L O R! u:a D_~CU~= Ei!T,'.~:, ~T_.y~a T; x m z - - ~ ~ - JUt12~'72 :f~~N' = R@C[NF~ IN PAYMENT Of TIUCE~ ~ v - ' 3? 5 O DUE ON CU1SS 'C INTI4NGIBlF PERSONAI PRO?ERIY. ~ c:~r.c•r ct~~;:~~~•, - pI1NSUANI TO CttAPJER 71-134. ACTS OF 19)~. 190112 ~IY(~ ~'fjl c qFi~( ~tRCIiR COURT, Si. WCtE CO., FlA ~ ~ogether with all and singular the tenemenb, herediumer?b a~+d ~ppurt+nces thereunto belayirg or in ~rtywis~ appKtaininq theteto, and a!I ssn». Fuues, pr«eeds and profits xcrui~g •nd to xcrue f~om asid premis~s, all of wFi~ch sre included in tFw abov~ ~nd fapoirg description u~d MbN+dum. TO HAVE AND TO HOID fhe abow deiuibed and yr~nted premises vnto tl,t aaid MORTGAGEE, in successors u~d auipns iorewr. Md th~ s~id MORTGA R for thelY ~;~s, executon, admi~istratws and auigns, haeby covsoanb with ih~ ssid MORTGAGEE, its urct~ssors ~nd ~ssipna, ~hat -t~~' ~'Ze lawfully u~zed of tM said prem~sa in fee simpl:; that tlw sam~ a~~ fr~e, cks~ and diuhsrpad from all 1'~em and ~ncveo- brances in law a in equity, and thst thev will and thQ~ ikin sMll wsnsnt and defend tM title to tM sam~ to tM satd MORTGAGEE, its successors ~od assigns, forever a9sinst tM tawful clairta and demarw~s of all pNSOrq; PROVIDED, AlWAYS that if the MORTGAGOR shal! piy unto the MORTGAGEE tFK p~omiuory ~ot~ here~r?bafor~ dewibed ~nd ihall truly, promptly and fully perform, diuFw~ge, eaetute, compkte, compty with and abide by esch and every the stipulations, preemenq, conditions a~d toven~~b of said promissory note and of this Morty~ye, then thi~ Mwtga~e and the Estare he?eby ueared shaN uaH ar+d be nvll and wid. IT IS UN~ERSTOOD th~t the word ••Mwtysgor•• whether in the sinqular a plw~l anywh~r~ in tbis Mwt9spe, sMll b~ sirgula if on~ only u+d shall be plural 'pintly and ~ererally if mors than ons, and fhat th~ wwd "fheir" ss used u~ywher~ io th~s Monyaye sM1I be taken to mean "F?is:• •'hen;• o. "ib;' wherever the context w implies or ~dmits. Alw, tMt wherever there is a refe.enc~ in tlu covenann ~nd yreernenb herein contained to ~ny of rhe partiet hereto, tlie same shap b~ construed to mean as well as the hein, leyal r~present~tives, sucusiors ~nd aai~ns (eithe~ volv~tary by ~ct of tM partiq w imoluroary by opentwn of tFK law) of tFw iame and that the coven+nts her~in contained shall bind snd tht benefiq and advaM~q~s inwt ro the respective heirs, I~yal representativq, successors and a~s~yns of the pa~ties ht~eto. Md said Mortgayors. for themulves and their hein, Icpal represemstives, successors ~nd auiyns. hs~eby jointly ~nd sevaally cwer?~nt and aqr~e fo and with the i+id MORTGAGEE, its iucceswn ~nd sssigro: 1. To psy ~II and singvlar the principal and interqt ~nd the various and sundry sums of money p~y~blt by vi~tve of ~aid promiuory nof~, s~d this morty~e, each ~nd every, promptly on the d~yt respcctiv~ly fhe ~ame seve~alty become due. 2. to psy •II ~nd sinpulx t1+e taxes, asseumenri, leries, liabilities, obliy~tions ~nd encumbr~nces of ~vcry MfYf~ a~d ki~d now on s~id dascribed property, a that here~fter may be ~m~, svffered. Placed, kvied, o? ~ssessed theraon, a tMt hereafte~ may b~ levied a as~ued upon this Mo~rt~- •ge, or th~ ird~btedneu ucured hereby. ~ach s~d every, when due and pay~ble. +uwdinp to law, befa~ thty becorrw d~lirqutnt, and befon ~~y intKest attaches or any penalty is incurred; AND INSOFAR AS ANY TMEREOf IS OF RKORD TME SAME SHAtI dE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE. THE TAX RECEIPT OR THE SATtSFACitON VAPER OFFICtAtLY ENOORSfO OR CERTIFIED) SHAII 8f PIACED IN 7HE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in ih~ ~v~nt tMt any the~eof is nw paid, saYsfied and diuha~ged sa:d MORTGAGEE may st any t~me p~y the same w any part thereof without waivi~ w ~ffecHny any option, litn, eqvity or •+~ht under or by virtue of thfs mortgage and tFe full amov~t of each and every such paymeM aha!! be emmedia?ely dw and payabk ~nd sh~ll bear int~rest i~om ~he date thereof until pa~d at rate of ni~e per centum per annum and toyether w~th ~clRi ~a1~LC~~~yd~~the lien of tF~:s mwytaqe. oCu"K~is 5 ~ ~ . } i~ ~ . ~~'~'~'`^~k~~~:~~ r - Y ' _ V