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HomeMy WebLinkAbout2675 23258'7 THIS INDENTURE. Mad~ ~he 23rd dsy of June A.D. 19~?, 4atween Thomas J. Rhodes, Jr.~ a single adult a~ $t. Lucie County Flwida, herQinaftaf de~gnated as tFe "MORiGAGOR." and FIRST fEDERAL SAVlNGS AND IOAN ASSOClA7fON OF fORi PlE4CE, a corporauon wpu~ized snd exiiting unda ths laws of the Un~~ed Staqs of Ameriu and havinp its principal pl~ce of business in ths Ciry of Fort Pierts, St. lucis Co~nty, Florida, bereinafter designated as ths "MORiGAGEE:' WMEREAS th~ MORTGAGOR ii justly indebted to Ihe MORTGAGEE io the sum of = 3~Q~~.~ good and I~wfut mo~ey of the Un~ted Srates advanced by the MORIGAGEE unro the MORTGAGOR, ss evidenced by a certa~n prom~ssory note oi even da~e herewlth, of wh.ch the followinq in wwda ~nd figures is a trw copy, to-wit: s 3.000.00 r,~, 3-18,499 Fort Pieres. f~a~. June 23 19 72 Fw va~ue receivcd. I, we w eithe~ of us, prom~se to pay, without defalcation, to the order of FIRSI FEDfRAI SAYINGS AND LOAN ASSOCIATION OF FOR~ PIERCE at Fort Pierce, fbrida, the sum of f 3L~~•~ w;?h interes? from date at the rats of ~.?~'o per annum, in monthly install- ~-~enn as follows: f~•~ on fhe 1St day of AVquSt , lq_?2 _ and a Gke sum an the cwreapondirq day of each month there- after un~il ~he whole be fully pa~d. . Eath instaliment firat shall be appl~ed in payment of the interest and ~hen on the unpa;d balance of the p~inc~pal sum. If d aulf is made in iha E~ayment of any instaliment when due, a~d such default conr;nues 30 days, then st the option of the holder, and without any other ~ot~ce, all tF+e remaining ~~urallments ahall be due and payabte at once. Privitege is given to p~epay this note in whole or in part at any time without penalty. Neither faebeannce, nor acceptance by the holde~ thereof afte? any defautt ~n any payments he~eon, shall be deemed extension. A late payment charge of = 2• S~ , shall be edded to each instatlmenf remaining unpa~d 7 days afte~ irs due dare, and s liice sum shall be added to each such ~nstallment remaining unpaid 7 days after each sucteeding payment date. Each maker, surety and e~dorser he~eof, jointly and severally, wa~ves demand, presentme~l protrst and nolice of protest for nonpayrmnt, and further agrees to any extens~on of time of payment, e~ther before a after maturiry, without nonce to any of us; and to pay all costs of collection, including a r.~asonable attorney's fee in ehe event oF any defautt herevnder, and hereby severally waives atl benefit of homestead and exemption under the tonatitWan a~~d laws of each State of the United States, as aga~nat this obligation o~ any extension or renewal hereof. Witness the hand and seal of each party. s/ Thqmas J. Rhodes, Jr. ~aq _ a single adult (SEAI) cs~~u t $ 4 • ) Srate Revenue ~U (5~erwq ew+eeikd~w. ~eig:n.~wv~e~ NOW, THEREFORE, tha MORTGAGOR for the pu?pox of securing payment of said sum of s 3, and the pc~formarxe of the covcnants and agreements hereinafter expressed, and fw divera good ~nd valuable tonsiderateons, by theu presents, does gr~nt, bargain, sell, remix, release, convey a~d tonfirm unto fhe MORTGAGEE, its successors and euigns, all that cenain lol, piece w parcel of land, situate, lying, and being in the County of - . 1-uc ie and State of Florida, dewibed ~s Toflows: The South 50 feet of the West 14~.5 feet of Lot 7, Block 3~ JELLISON'S SUBDIVISION of the South 1/2 of Stti~ 1/4 of the NE 1/4 and ~1W 1/4 of SE 1/4 of Section 4, Township 35 South~ Range 40 East, as per piat thereof recorded in Plat Book 4, Page 37, of the Public Records of St. Lucie County, Florida~ ~ S~IAT~ f~LOF-21U/~ ta ~ OOCl1ME~!TA~ Si:~ ~~P TA X" F.t!'E!YEU ; e-~ !M F.4Y;.~:~tl Cr T4kF'S ~ Z - - _ Gv` CN Ci.; "S I:vT:L:G19lF ?E~S_~::.L P~Ar'Eii~Y, 'J a - JUM31772 : '~-;\.r C = Fi.~.:;1'.iT :.~:At'r~ i:-1:,'. ;.:T~ v~ i3]l. h- U - 3•,~=+~ ~ J O= k,~~k i°.iT~,pS />l~ c~, N 6E7T. OF Mrf 1~Uf 8. J/ 0112 CZ.E~:K CiFG;Il1 ^_:uR.. Si. L.'::It f~A` rogether w~th all and singular the tenements, hereditamenti ar?d spp~rt~nces thereunto belonging or in anywise +ppert~ininp the~eto, ~nd ~tl r~nts, iuues, p~oceeds snd p~of~ts xcruirg and to accrue from said premises, all of which ue included in the ~bove snd fweyoirg descriplion ~nd habendum. TO HAYE AND TO HO1D the above described and granted premises unto the said MORTGAGEE, its succetsors and suiyr?s forewr. Md tFw tald MORTGAGOR f hl-~------ he~rs, exetutor~, administrators and assigns, hereby toverunti with the sa'~d MORTGAGEE, its fuctesson and assipm, rhat ~e 15 - lawfully seised of the ssid premises in fee simple; tMt 1he ssme are free, ckar and dixharqed from dt licns and ~ntum- brances in Isw or in equity, and that~_ will ~nd h15 hein shsll wursnt and defe~d the title to the s~rtM to tM s+id MORTGAGEE, iri successors and assigns, faever ag~inst the lawful claims and demands of aN persons; PROVIpED, ALWAYS thst if the MORTGAGOR sh~ll pay unro the MORTGAGfE ti~e promissory note hereinbefore described u+d ihall truly, promptly and fufly perfwm, diuharge, execute, complete, comply with snd ~bide by each snd every the sti{wlatiau, ayreemenri, conditiau ~~d covenants of said prom~ssory rate and of this Mortgage, then this Mortgage and the Estate hereby veated shatl cease and be nvll and void. IT IS UNDERSi00D ttiat tf~e wwd "Mortgayw" whNher in the singular or plu~al anywhere in thit Mort9spe, sha!! ba airpulu if or» only and shall be plunl jointly and severally if more than one, ~nd that the word "their" as ~ned ~nywhere in thia Mortpape shall be taken to mesn "his;' "hers;' or "its;' where~er the context so implies a admits. Also, that wherever there is a reference in the covensnts and ~yreements herein co~tair~ed to any of rhe parries hereto, rhe same shaN be consnued to mean as well is the heirs, lep~l representatives, successws s~d ~ssigra (either volumary by act of tM parties or involuntary by operat'an of fhe Iaw) of the same and that the coven~nts herein contained sl»II bind and the benefin and adv~ntapp irwrt to the respective heirs, leg~l ~epresentatives, successas and ass~gns of the parties hereto. A~d said Morfgsgors, fo. thcmulves and their heirs, legal representatirq, succeuors and ~ssipns, hereby jointly snd severally covtnant and ap.~e to and with the said MORTGAGEE, its successort snd augns: 1. To pay all snd sirgular Ihc principal ar?d interest and the various and su~dry wms of money payable by virtue of said promissay note, and this mortyage, e+ch and every, promptty on the d~ys respedivety the same sererally become dve. 1. To pay atl ~nd singular the taxes, assessme~ts, levies, liabilities, oblig~tions and encumbrsnces of every nature ~nd kind now on said deur;bed property, or tMt hereafter may be impoud, iuffered, placed, ievied, w aueued thereon, w that F?ereafte~ may b~ levied or ~uessed vpo~ this Mort¢ •ge, a tM ~ndebted~eu aecured hereby, exh and avery, when due ~nd payabte, accwdiny to Iaw, betwe they become delirpuertt, ~rd btfors any interet~ attacbes or any penslty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORd THE SAME SHAtI bE PROMPTtY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGIf`AL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RE~EIPT OR 7HE SATISFACTION PAPER OfFICIALLY ENDORSEO OR CERiiFfED) SHAII 8E PLACED IN THf HAMpS OF SAID 1NORTGAGEE WITHIN TfN DAYS NFXi AFTER PAYMENT; and in ~he event fhat any thereof is not pa~d, saYsfied and diichsrged sa:r MORTGAGEE m~y at any fime pa~ the same w any part thercof without wsiving p affecting any opfion, I;en, equify or •~aht under or by virtue of this mortgage and the full amount of each and every such payment fhatl be immediately due and payable and shaN bea~ inteaest s~om fhe dste tFxreof until paid ar rate of nine per cenrum per annum and together w~th i`~ all be setured by th~ lien of th:s morgtaye. bG~~c ~G.~~ ~'A~f ~U / t - : , { ~ : _ ~ v ~ ~--,z,~ ~ . _ . 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