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HomeMy WebLinkAbout0872 233~11 s ~ ; THIS INDENTURE, Mad~ the 14th aay ot J~y A.~• ~9 ~t`"~°" Harold F. Lewis and Bula S. Le~is his wife - , ~ r~ of $t • I'UC1e Cowity Florida, hereinafte~ deiy~+kd ss the "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corporation orqanized and exiitirg unda tM bw~ of the United Stit~i ot7lmerica ~nd Mvin9 iri p~~ncipal p~au of busineu in Ihe City of Forf Pi~rce, St. lucis Cwnty, Florida, hereinafter desiynaied +s tF+e "MORTGAGEE." WHEREAS tM MORIGAGOR is jvstly indeb~ed to the MORTGAGEE in the sum of = 14,200•~ 9~ and lawful money of ~he United Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~ain promiuory note of' even date herewith, of which the followinp in sorl~ 20~r•~ a trw copY. 1o-wi:: ~ ~ 3-18~571 ~ Fort Pierce. Flwids, 'july 14 ~ 19 7 Z fw value received, 1, we w eithcr of us, prom~se to pay, without defalcation, to IM order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, Florid~, the sum of f 1412~ w~th interea~ iram date at the rate oi7~~% pe? annum, in mo~thly irotall- ~nents as follows: i 117 on the 1St day of September ,~9 72 and a like sum on the caresponding day of each month therr ~ after until the whole be fully paid. ~ Each installment (irst shall bc applied in payment of the interest and then on the unpaid balance of the principal wm. If d aulf is rrwde in ths ~ F,ayment of any ~nstallment when due, and such default con~inues 30 days, then at the optr~n of the holder, and without sny other aotice, all the remaining ~ns~allments shall be due and payable at once. Priv7lege is given to prepay this note in whole or in part sl eny time without p~nslty. Neither fwebeawnct, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late paYment tharge of i 5' 85 shall be ~dded to each i~stallment remaining unpa~d 7 days after its due date, and a like sum shalt bt added to each suth installment remaining unpaid 7 days after ~ each succeeding payment date_ Esch maker, surey and endorser he~eof, jointly arxJ severally, waives demand, preuntment protest and notice of p~otest for nonpaymenf, ~~d fwther agrees to any extensan of t~me of paymem, e~ther befwe or after matur~ty, without not~ce to sny of us; and to pay all msts of collecta~, inelud+ny s reasonable attorney's fee in tF.e event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under ths corotitution a~~d laws of each State of the United States, as aga~nst this obligation w any eztension o~ renewal hercof. Witrxss the hand and sesl of esch party_ ~ S/Harold F. Lewis ~~W ~ ~ ls~?~) S/Eula S. Lewis v . ts~?U ~ ~ 21 ' 30 1 State Revmue . iVOW, THEREFORE, the MORTGAGOR fw the purpose of securirg payme~t of said sum of S 14 ~ 2~' ~ u~d the paforn+~nte of the ~ covenants and agreements her~inafter expreued, and for d~vers good and valwble considerations, by these presents, does grant, bsrgain, ull, rem~se, release, convey and confirm unto tFe MORTGAGEE, its svccesson and auigns, all that certain lot, p'~ece or parcel of land, situate, lyirg, and bein~ in the County of St . Luc ie ~nd Sate of Floride, described as fotlows: All that part of Lot 63 lying ~~est of the 15 foot alley delineated on the plat of MARAVILLA S[BDIVISIqV, Section 21, Township 35 South~ Range 40 East~ according to the plat thereof as recorded in Plat Book 7, page 31, : ~ of the public records of St. Lucie County, Florida. ~ ; _ _ ~ STATE ~F F LU~IUA_ ~ STA~AP TAX - ~ DOCUMEN7Aa~, o yo ~ o _ .~ut.irtz - 2 ~ 3 ~ = ~ ~ p~'~ ~ t~s tA V otir.et etetwt - PROPfJ~1~~ ~~,./99~tz ~ ~ ~ •C INiI?NGIBI.E QE~ ~ 1911. ~ w~+wwt to ct~~~-' ~ ~s ~l , ~.,n~As k . Fl~ C~cC~IS f.WR=• 5i. lciC~E PA. togeth~r with all and singular the tenemenfs, he*ed~taments and ~ppurta~ces thereu~to belwging or in anywise apperfalnng the~efo• ~nd all rents, iswa, proceeds ~nd p~ofns sccruing and to acuve from ssid premius, all of which ~?e included in the abow and fweparg descriptwn and h+bendurn. TO HAVE AND TO HOID the above dew~bed and granted premises umo the said U10RTGAGEE, in suaes~ors and assiy~ forewr• Md th~ said MORTGAGOR fw thelr hein, executors, administraton and ats+gns, hereby coven+nb with the s~id MORTGAGEE, ib succeswn and ~stipn~, rhat - they aYe-- lawfully seized of tF~e said premises i~ fee iimple; thst tM s+me are free, ckar and ditcharped from •II INrn and encum- ~ brances in Isw w in equity, and thaf they W~~~ s~ their ~~n ~II wsrrant and defend 1FN title to th! s~me b tFN s~id ~ MORTGAGEE, it~ successws and assigns, forever +gains~ the Iswful claims and demands of sll persons; " PROYIDED, AIWAYS thst if the MORTGAGOR shall pay unto fhe N10RTGAGEE the p?omissory note he~einbefwe described and sh~ll troly, prompdy and fully perform, diuh+rge, exetute, complNe, comply with ~nd abide by esth +nd every the stipulstions, ayreemenri, tonditiw~s snd covenanri oi s~id ~ promisWry no~e and of this Mwtgage, the~ this Mwtgage and the Estate hneby veated shall cease ~nd be null and void. ~ IT IS UNDERSTOOD thst the wad "Mort9~gw" whether i~ the singular w plwsl ~oywhere in this Mwt9ag~, ihall b~ sin9ulw if on~ only and shall be plural jointty and severally if rtare thsn wro, and that the wad "their" as used anywhere in this Mortpage sh~ll be taken to me+n "ha," "htn;' ' or "its;' wherever the context so implies o~ admits. Also, that wherever thae is ~ reference in the covensnts and agreemseb t~erein contsined to any of the parties hereto, the s~me shsll be construed to mean ss well ss the heirs, legal reprcsentstives, successon and assigns (either vduntsry by ~d of th~ ~ parties w involuntary by operation of the Iaw) of the same +~d that the covenann herein contsined shall bind ~nd the benefits and ~dr~ntayes i~ur~ fo the rapective hein, kgs! represematives, sucuuors and su'gns oi the p+rtits hereto. And said Mo?tgagon, fa themselves and thei~ heirs, Itgal representatives, wccessors and ~u~gns, hereby jointly and severaly covenu~t end ~prte ~ ro and with the said MORTGAGEE, ita successors and auigns: 1. To pay all +~d s~ngular the princip~l snd interest ~nd the vario~s and tundry wms of money payable by virtue of ssid promissory note, ~nd ehis ~ mortgaqe, esch +nd every, promPtly an the days respect7vely the ssme sewrally become due. . 2. To pay all •nd ~~npular the tsxes, sueuments, tevies, tisbil;t~es, obligations ~nd encumbr~nces of every natwe +nd k3nd raw on ~id describsd E ~ property, w that hereafter may be impo~ed, suffaed, plated, levied, or sssessed therea?, w that her~after may be kvied or asaessad upon 1hb Mwt¢ ~ age, w the indebtedneu secwed hereby, each a~d every, when dve ~nd payable, ~ccordug to Iaw, befae they become delinquent, and bsfwt ~ny interest a~taches or any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SMAII BE PROMPTIY SATISFIED ANO ~~SCHARCsED OF RECORD ANO THE ORIGINAI OFFICIAL DOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAItY EPl~ORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN ~AYS NEXT AFfER PAYMENT; and in the event that any thereof ia not t paid, sat"sfied and diuhsrged sa:d MORTGAGEE may at any e~me pay the same w any ps~t thc+eof without wsiviny w affecting smr option, lien, equity or ? ~~aht under or by vinue of this mortgage and the full amount of each and every such payment shatl tx immed"utely due and paysble ~nd shall bsar interest ~ ~~om tne dare thereof until paid at rate of n~ne per centum per •n~um and togdher w~th suth interest shall be secured by tF~e lien of fh's morptape. @OUK2O~ F'A6E :t~ ~ ~ ~ Y.~a~n, ~ wa . _