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HomeMy WebLinkAbout1801 ~~4a~~ W THIS INOENTURE. IYtad~ the 10th day of ~1ujy . A.p. 19~- ~tv~ean Osmond A. Hendetson and Eula HendAtson, his wife ~ of SL. ~.l1Cl@ Covnty Flwida, hereinafter detgnarcd ss the "MORTGAGOR," and FIRST FEDERA~ $AVINGS AN~ IOAN ~ A$$O~IATtON Of fORT PIERCE, a corporation org~ni2rd and exiuing under ths laws of fhe Unired Statq of Ame~eca and Mvinp its principal pl~ce of ~ busirwu (n ~M Ciry of Fort Piac~, St. luae Couory, Florida, he~einafter d~tlpnated ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR ia j~stly indebted to ths MORTGAGEE in the sum of s 22 LOOO.00 g~ and lawful money o( the U~~ted ` S~ates advarxed by the MORTGAGEE unto the MOR(GAGOR, as evidenced by a ce~tain promissory note of eve~ dare herewith, of wh+ch ths iollowing in words and figu~es is a trw topy, to-wit: i 22,~~•0O t~_ d_lti_ SS3 ~ Po.t P~erce. F~w~da, Julv lOi _t9~ Fw value received, 1, we w eithcr of us, prom~se to pay, without defalcarion, to the orde? of fIRST FEDERAI SAVINGS AND iOAN ASSOCfAT10N Of ' FORT PIERCE at Fwt Pie~cs, Florida, ~he sum of S 22 ¦~0~• ~ with interes~ (rom date at the rate of 7• Sqo per annum, in monthly instal!- ; ~*+e~ts as foltows: = 163 ~ DO o~ the day of Novemher ,~q__~_ and a I~ke sum on the correspond+np day ot each monfh there- . afre~ until the whole br fu1'y paid. ~ Each ins~allment first shall be appl~ed in payment of the interest snd then on the vnpa~d b~lnce oi the princ~pal sum. If d sult is made in ths ~ payme~t of any installment when due, and such default continues 30 days, then at the option of the hoider, sod without any other notice, all the ~emaining ~nsealtments s~all be due and payable at once. P?ivifegc ia given to prepay this nofe in whole or in part at any time without penalty. Neither forebearancs, ~ nor rccep?ance by the holder th~veof after any default in any payments hereon, shafl be deemed cxte~sion. A late paymeM charge of S S•is , sha~~ be ~ addrd to each insta!Iment remaining unpa~d 7 days iffN in due date, and a like sum shall be added to each such instalfinent remaining unpsid 7 days after each succeeding paymenf date_ ~ Exh maker, surety aod endorser he~eof, joiNly and severally, waives demand, presentment protest and notice of protest fw nonpaymeM, e~d further agrees to any extension of t~me of payment, eifher before o? after mawrity, w~thout not~ce to any of us; and to pay all costs of cofleaion, inctud~ng e ~ reasonablr anorney i fee in the event of any defautt hereunder, and hereby severally waives al1 benefit of }wmestead and examption under the constifutan and laws of each State of the United States, as aga~nst this obl~gation or any extens~on or renewsl he?eof, Witnea the hand and seal of each party. s/ Osmond A. Henderson cs~AU ~ ~t) `t- s/ Eula Henderson ~U y ~ S33.00 ) state Reverwe ~ ' cAAnp~ s+mwped ~ s~a) " NOW. THEREFORE, the MORTGAGOR fo? the purpou of secvring payment of ssid svm of = 22 f OOO. 00 end the performsnce of tM cove~anfs and ag:eements here~nafter expreued, and for divers good and vslwble considerstions, by these presents, does grant, bar~ain, sell, remise, release, convey and <on(irm unto the INORTGAGEE, iti succeuors ~~d sugns, all tha~ certain lot, piece or parcel of tand, tituate, tying, and beinp in the County of St . WC1@ ~rd $tate of f(orida, desvibed as fotlows: Lots I and 2, Block C, MUSTAINE SUBDIVISION, as per plat thereof on file in Plat Book 8, page 6, Public it¢cords of SL. Lucie County, Florida, } S~iAI-t ~prLU{-21UA ~ ~ DOCUMENTA~~„~ST~"~~ x v J ~ _ -.~.Z~2 - ' : 3 3 0 0 = ~ ° = = N V DEiT.ilf R[Yf!:4E O P.B. i9o»: - i IN PAYMENf Of TN~ Rcc~tvE.v Qpo~. pUE ON Ctl?SS 'C' IN7ANGIBLE PE'•tS~~ PlIRSUANT TO CliAP1ER 71-131. ACiS Of 1971. ~f~~ ROGER POITRAS CI.ERK CIRC111T COURT. ST. Ll)CIE CO., FIA. togetMer w;tl~ all and singufar the tenements, hueditaments and sppurtsnus thercunto betongirg or in ~nywite ~ppe~taini~g tMrero, ~nd ~II rent~, iswes, proceeds and profin acauing and to acuue from s~id premiser, all of w1iKh are included in the above ~nd fae~oiny desuiption and habendvm. TO HAVE AND TO HOLD the above drscribed ~~d granted premises umo the said MORTGAGEE, its wuessors and auiyns torever. Md tM pid MORTC,AGOR fw t~~-1~---- heirs, executors, administrators ~nd ~ugns, hereby covensnb with the said MORTGAGEE, it~ autcesfws ~nd assipns, *hat they a=e tawfully seized of the said p?emises in fee simple; that tht ssme are iree, ckar and discMrged itom dl (iens and erxvm- brarxd in I~w or in equity, and that th~„~L_ will and theit' hein shall warrant ~nd defcn~ the titb ro the ~sme to tM said MORTGAGEE, its s~ccessors and suigns, fwever against the lawful claims and drmands of all persons; PROVIDE~, ALWAYS thst if tFro MORTGAGOR shsll p~y unto the MORTGAGEE fhe promissory note l+troinbefwe described and shatl truly, pranptly and fully perform, d~schsrge, execute, complete, camply with and abide by exh and every the stipvlations, sy~eemenfs, conditrons and tovenanq of said promissory rqte ~nd of this Mortgage, f!?en this Mortgage and the Estate hereby vested shall ce+se a~d be null and void. IT IS UN~ERSTOOD thst tF~e word "Mwtgsgor" whether in tF~e s~ngvlar w plural a~ywF~e in ihis Mortg~ge, shall be sinyular if oew only snd shall be piunl jointly snd sevcratty if more than one, and that the word "their" a~ used anywhere in tb» 1MonQags shsll be taken fo mesn "his;' "htn," or "its;' wherever the conte:t w implies a sdmits. Also, th~t wherever there is s reference in the covenann and ayraements herein contained to ~ny of the parties hereto, the ~ame shsll be construed to me~n as well ~s the hein, leyal r~eseMdives, successors and assigru (either roluntary by act of th~ parties or i~volvntary by opcrafion of the law) of the s~me and that the covenants herein coMained sMll bind and the benefiq and adva~ta9es inwe to the respettive hei~s, kg~l represcntatives, successo?s and au'gns of the parties hereto. Md ssid Mortgsgors, fa themselves and their h~irs, Iegal representatives, sutces;ors and suiynf, hereby jointly snd severalty cov~nant ind apree to and with the said MORTGAGEE, ~rs successas and au~gns: 1. To pay all and sinQvla? the principsl and interest and the various and su~dry sums of ~wney p~yable by virtve of said promiisory note, and thia mort9sge, each and every, promptly on the days respectivety the ssme severalty become due. 2. To p~y all ~nd ~ingvlsr tl?e ta:es, asseumenri, levies, li~bilit~es, obligations ~nd encumbnnces of every nafure and kind now on ~aid dewibed property, w thaf hereafter may be imposed, auffered, placed, levied, or +ssessed thereot~, or that lKresfta may be levied or utessed upon tF?Is Mortp- age, w the indebtedneu secured he~eby, exh snd every, when d++e snd payable, accwding to Iaw, befwe they become delinquenl, ~nd befon ~ny interest attaches ot any pe~alty is inturred; AND (NSOFAR AS ANY THEREOf IS OF RECORp THF SAME SHAII 8E AROMPTLY SATlSf1ED AND D15CHARGED OF RECORD AND THE ORIGINAI OfFtC1AL DOCUMENi (SUCH AS, fOR INS?ANCE, iHE TAX RECEIPT OR THE SATISfACT10N PAPER OfFIC1AllY ENOORSEO OR CERTIFIfO) SNAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFTER FAYMENT; and in the event that any thereof is not paid, sat'sfied and discherged sa:d JNORTGAGEf may at any time pay the same w any p~rt thereof without waiving w sffetting any option, lien, equity a •~qht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due ~nd payable snd shall bear interest s~om 1he date thereof until paid af rate of nine per tentum per annvm and together w~M sv ~nte~ef? shall be ucured by the lien of th:s morptape. °~~x~~~ P~~~ ~~oo : : _ _ _ s ~~e ~ - . -