HomeMy WebLinkAbout0775 z~~~~ ~ ;
THIS INDENTURE, IWds the 7th day of `J~~ , I A.D. 19
72 ~ beMroen
Henry G. White and June B. White, his wife
.
of St• Lt~iB . County fb?ida, here;~after designared ss ~M "MORTGAGOR;' snd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIAl10N OF FORT PIERCE, ~ owpaation ory~~ized u+d exi»ing unda 1M taws of t/N United S~atas of /~iwrica ~nd Mvinp its principal plac~ of
businesi in tM City o~ fort PiKC~, St. lucie Cou~y, Florid+. he~einah~r de~i~nated u t1?~ "MORTGAGEE." .
WHEREAS 1M MORTGAGOR is justly intlebted ro tM MORTGAGfE in the wm of i Z~~O~'~ , good and lawful money of the United ~
States sdvanced by Ihe MORTGAGEE unto the MORTGAGOR, as evidrnced by s certain promiuory note of eve~ date herewith, of which the tollowiny in ~
wads and figures is a true copy, to-wit:
~ Z~~ppp~pp 3-18,546
Wrt Plac~. Florid~. .Ttlly 7 19 72
Fw value received, 1, we w either of us, promise to psy, without defalcatio~, to the order of FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF i
FORT PIERCE at Fort Pierce, Fbrida, the sum of = 20~~~'~ with interest from date at the rate of 8'0 96 per annum, in monthly ins1a11-
ments as fotlows: S 217 on ~he 15t day of NOV@~@Z ~9 72 and a tike sum oo the cwreipaxl~ng day of each month tMrr
after vntil rhe whote be fully paid.
Each installme~t iirst shall be applied in payment of the interesl and then on the unpaid bslance of the {xincipal wm. (f d ault is msde in ihs
payment of any installment when due, and wch default continues 30 days, then at the option of tl+s holder, and without any other notice, all the remaining
~nstallments shall be due and payable at once. Privilege ia given to prepay this note in whole w i~ part at any time without penalty. Neither forebeatance,
rw~ accephnce by the holde~ thcreof afte~ a~y defa~lt in any payments hcreon, shaU be deemed extension. A late payment charge of f 1O'85 shall be
added to c~ch installment remaining unpa~d 7 days after its due date, snd a like sum shall be added to esch such installment remaining unpsid 7 days after
each succeeding payment date.
Each maker, surety snd endorse? hereof, jointly and severally, waives demand, presentment pratest a~d ~otice of protest fw nonpayment, snd further
agrees to any extensiw+ of time of payment, ei~her before w after maturity, without not~ce to any of us; and to pay a!I costs of coltection, inclvdinp a
reasonabk attorney i fee in the erent of any default hcrevnder, and hereby severally waives aIl benefit of homestead and eaemption unde? the constitution
and laws of each Sute of the United States, as against lhis obligation p any extension o~ renewal hereof.
Witness the hand and usl of exh party. -
S/Henry G. White ~
(s~?U
~f-Tune E White (SEnU
$30.00 ~
) State Revenw
~
NOW, THEREFORE, the MORTGAGOR ~w the purpose of securing payment of said sum of S~.Q~ , and the pe?form+nce of th~ ~
cov~nanb and ~greemems hereinafter expresse~, and fw divers good and valwble consideratior?s, by thess presents, does yr~nt, bar~ain, sell, remiu, •
release, convey and coniirm unto the MORTGAGEE, ib sutteuors and aui~n~, all that ttrtain lot, piece or parul of land, sitwte, lying, and beirg io ths
Counry of $t . Lue ie and State of fbrida, described as follows:
Lot 7, Less the East 10 feet, Block 11~ FORT PIBRCB HBIGi-iTS, AS per plat
thereof on file in Plat Book 1, Page 39, recorded in the Public Records of
St . Luc ie County, Flo rida.
I a_' S'TA _l' ~ oF . ~ . . _ z
J j DOCUMENT o F S
~
R I1
Qq-
~ p - .A1L 14'72 : ~•~'a =
~ ~ • 3 _
- - ~J~ ~`'i pa~r ~ nuc~s
UCi/.Of REYEKYE - d+ P O 0~._ RECEtYED
P.B:wo~~: _.w ' - ~ Qn c~,ASS •L ~rnar+sie~ ~~ot+nc Pao~ERn.
. FURSUMIT TO C}lAPiER 71.I~4, IrCiS tIF 1912.~~ ~
R~ER PORRAS ~ ~
~~gq~R ~pURT, ST, WC~f C0, Ra
together with all and singular the tenements. Aereditsments and appurtsnces thereunto belonginy or in anywiie ~ppertaining tMrtto, aod ~II tenb, iasues,
p~oceeds and profin sccruing and to acvue from s+id premises, ~II of which are irxluded in the abov~ ~nd fwparg desaipYan and h~bendwn.
TO HAVE AND TO HOID the +bove dewibed snd ynMed premises unro the said MORTGAGEE, its s~ccessoro and auiym fwevar. Md tM s~id
J1hORTGAGOR for heirs, executws, sdmi~istrNas a~d auigro, lxreby tovenanb with the taid MORTGAGEE, ih s~rcta~on and assipro,
thst t~x-~te lawfully se~zed of the said premia~s in fee iimpl~; that the same sr~ free, cksr snd dscharyed from ~II liau ~nd encwo-
brances in law w in equity, and that t~ey w;tl snd thei.r he;n sh~ll warrant and d~fend the titt~ to tM s+rtr to th~ aid
MORTGAGEE, its successws and auigns, iweve~ against the lawful claims and demands of all persons; -
PROVIDED, ALWAYS that if the MORTGAGOR sMll psy unto the MORTGAGEE the praniuwy ~ote hereinbefore dewibed and sMl) truly, promptly
a~d fully perfwm, diuhar~e, exec~te, tompkte, comply witF? end abide by esch and wtry the stipulations, ~yreertienn, conditam and corenanb of Nid
prom7uwy note u+d of this Mortyage, then this Matgsge and the Esqte haeby aeated thall cease ~nd b~ null and wid-
IT IS UNDERSTOOD tMt the word "Mwtgagor' whether in the sirgular or pl~rel u?ywher~ in this lMortgspe, sh~ll be sinpulu if on~ only ~nd
shsll be ptural jointly and severally if more than one. and thst the wad "their" as ~rsed a~ywhere in this Morfy~ge shall b~ taken to m~+n "his.•• •'htn••
w"its;' wherever the context so implies or admits. Also, thst wherever there a a reference in tl» covenanb a~d sgreert~ents hetein aontained to as~y of
the psrties herero, the same shall be conanued to mean u well ss the heirs, kyal ~epresentatives, sucussors snd assiyra (either vol+u~tary by ~et of tM
parY~es w involuntary by ope~ation of the law) of the same snd that the coven~nri herein contained shall bind •nd th. bensfin a~d adv~nrp.s inur•
to the respective Ixin, kgal rcpresenta~ives, succeison and au~gns of tF~e puties f~ereto.
And s~id Mortyagws, fw themselves and thcir hein, kgal represem~tives, succeuors +~d assgro, hereby jaMly and seva~ally covenant ~nd a~ne
to and with tFK said MORTGAGEE, ih successors and auigns:
1. To p+y all ~nd singulu t1u principal and imerest s~d tF+e wrious ~nd sundry•sums of rnoneY p~Y~ble by virt~e of s~id promitwry rate, and thb
mwfpaye, each ~r?d wery, promptly oe~ the days rspectively the same severatiy becorm due.
2. To pay ~11 and dngula~ the tsxes, auesunann, tevies. liabilities, obligatans snd encwnb~ances of every nature and kind naw a? said d~wib~d
propHty, a that F~ereaNa msy be impo~ed, suffer~d, placed, levied, or ~ssessad thereon, or tMt hereafter may b~ kvied w stsessed ~pon this AAort¢
sy~, a tlr ind~bfedneu secureA I~ereby, e+ch and every, when dw ~nd p~yable, aaordirg ro I~w, befon they becane d~linqwnt, and befon ~ny iMKS~t
~tt~ches w any penally is incwred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIEO AND DISCHARGED Of
RE~ORD ANO THE ORIGfNAI OFFICIAt DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PMER OFFICtAIIY ENDORSED ~
OR CERTIFIED) SHAII BE PiACEO IN THE HANDS Of SAIO NIORTGAGEE WIiHIN TEN OAYS NEXT AFiER PAYMENT; and in the event thst sny ther~of is not
psid, sat sfied and diuharged sa:d MORTGAGEE msy at s~y time pay the same w+ny psrt thereof witFw~t waiving o? affettirg any option, lien, eqvity w t
•~qht u++der or by virtue of this mortgsge and the full amount of exh and every such payment shall be immediately dve end payabk and sh~ll bear interest ~
~rom the date thereof until paid ~t rate of nine per ce~tum per annum ~nd togdher w~th suth i r t secured b~jj~n of th:s mor9tspe.
oxor Pae~ 5
~ . _
~;=~y~.~.~z_a ~ ~