HomeMy WebLinkAbout2375 ~ " : . • ~ 234519
THIS INDENTURE. Msd~ the_ lat day of ALL9ust q,p, 19~~ p~tw~en
Williaa H. Gentry and Joyce A. Gentzy, his wife '
of - St . I.LlC~@ ~~p~~~y flwida, MreinaRe~ de~ignated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN
A$$O~IATION OF fORT PIERCE, a co~pwalion wy~~ized and existing under tha laws of Ihe United S?atas of Americ~ snd Mvinp in principal place of
b~s7neu io fh~ City of Fo~t Pitru, S~. lucis Gounty, florida, hersinafl~r d~sipna~ed +s tAe "MORTGAGEf." ~
WHEREAS the MORTGAGOR is juttly indebted to the MORTGAGEf in the sum oi S22 , good and Iswful money of the Un~ted j
States advanced by tM MORTGAGEE unto the AAORTGAGOR, as evidenced by a certain promiuay note of even date herewith, of wh~ch the followirg in
wwds and iigures is a tr~e copy, to-wit:
s 22,~-~ ~ 4-18~631
Fort Pisrn. Florida~, Al19LlSt 1. 19 72
For value received, 1, we a either of us, prom~se lo pay, without defslcation, to the order of FIRST FE~ERAt SAVINGS AND IOAN A550CIATION OF
FORi PIERCE nt Fort Pierce, Fbrids, the sum of S 2'2 w~th i~terest from date at the ~ate of 7•~ per annum, in monthly install-
~ 167 00 lst October ~2
~ ments as follows: _ • on the day of 19 and a like sum on the cwrespond~ng day of each month therr
after until the whole be fully paid.
Each installmcnt first shall be apptied in payment of the interest and then on the unpaid balance of the princ~pal sum. If d ault is made in the
payment cf any inata!Ime~t when due, and such default continues 30 days, the~ at the option of the holder, and without any other ratice, all tlx remsin~ng
1- instaltments shall be due and payable at wxe. Privilege is given to prepay lhis note in whole or i~ part a1 any time without penalty. Ncither forebearance, .
nor acceptance by the holder thereof after any default in a~y payments hereon, shall be deemed extensio~. A late payme~t cMrge of S 8•35 shal) be ~
~ added to each inatallment ?emain;ng unpa~d 7 days after ih due date, and a tike sum shall be added to esch such installment remaining unpaid 7 days aftrr
each Succeedir?g payment date. .
Each maker, surety and endaser fiereof, jointly and xverally, waives demsnd, presentment protest and notice of protest fw nonpayment, and further
~ agrees to any exrensan of t~me o( payment, eithe~ before w after maturity, without not~ce io any of us; and to pay a~l costs of colleaion, inclvd;ng a
reasonable attorney i fce in the event of any default hereunder, and hereby severally waives aIl benefit of home:tead and exemption under the co~stitulion
~ and laws of each State of the United States, as against this obtigarion or any exte~sion or renewa! he~eof,
~
i Witness the hsnd and seal oF each party.
\l (SEAu
~ s llian H. Gentry (SEAL)
(SfAI)
s Joyce A. Gentry ~
~ ~ ~33.75 ) State Revenue
`F- f5tsn~pstwxdled~ar-oriQi+ral~wete) ~
NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securir?g payment of said sum of s 22 ~5~ and the performsnce of the
coven~nts and agreements hereinafter expressed, and for divers good and valu~bte consideutions, by these presents, does grant, bargain, srll, remisc,
release, co~vey and tontirm unto the MORTCaAGEE, its suctessors aoJ ~ugns, all thal certain bL piete or partel of land, tituate, lying, and being in the
St I.ucie
Couny of • , and State of Ftorida, dewibed ai follows:
Lot 10, Sherwood Acres - Unit One, as per plat thereof on
file in Plat Book 14, page 43, public records of St. Lucie _,.,g
. c.` ~
, , ~
County, Florida, . „
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W } ~7 ~ ~1 I L ~ V ~ ? 1 U P"1 ~ ~ • ~r\=:
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~ DOCUMENTAn~ ~Tt~~P 7AX . - ~ . . -
~ ~ _ _ _r'"' ~ , . - ` . N ,
O = AUt''-2'l2 ~ ~ = Q._`- _ • ~ ~j~1 i
~ U ~PT.Of REYEKUE' =..~3 3 7 5_ `t, i~/
P.B.,9o~ ~`,M~?' = c~
together with all snd singular the te~ements, herediuments and app~rtsnces thereunto belonging or in anywise appe~tairt'ug therelo, and ~II rents, issues,
p~oceed~ and profits xcru;ng and to accrue from said premises, sll of which sre inclwled 'en fhe above and fwegoii+g dewiptan and habendum.
TO NAVE AND TO HOID the sbove described and granted premises vnto the said IYIORTGAGEE, its sutcessws and ~ssiyns fweve~. Md tl~ said '
their ~
MORTGAGOR for heirs, e:ecutors, admi~istrators and auigns, hereby coveMnb with the said MORTGAGEE, its sutceasus ~nd ~aiym, i
rhat - t~y are i„~„~~iiy ,~;Z~ of the ssld premises in fee sim e; that the ssme ~re free, clear ~nd dixhar
p~ ~ed from ,~r t{e.n ,,,d encu~n.
brances in Iaw o~ in ui u~d that the W;~~ a~ 't~1Z i
eq ty, u d 3? _ hein shall wsrrant and defer?d the titte to the ssme ro tta said
MORTGAGEE, its s~ccesson and assigra, forever against the kwful claims and demands of all persau;
PROYIDED, ALWAYS that ;f the MORTGAGOR shall pay ~nto the MORTGAGEE the promiuwy note F?ereinbefore described and sFull t?uly, promptly
and fulty perform, d~scharge, execute, compkte, comply with and abide by esch and every the stipulatrons, s9reements, conditions and tovtn~nri of said
promissory note and of this Mwtgsge, the~ this Mwtgage and tF~e Estate he~eby ueated sh~ll u~ss and be null ~nd void. ;
IT IS (1N~fR5TOOD that 1he word "Matgsgw" whether in the singular w plural anywhere in this Mortgage, sh~ll be singular if one only end
shall be plura! jointly snd ~everally if more than one, and thst the word "their" ss used ~nywhere in this Mortgage ahsll be t~ken to me~n "his;' "hen;' ~
or "its;' wherever the contex~ so implies or admits. Also, ~hat wherever• there is a relaence in the covenanb and aQreements herein contained to ~ny of
~hs panies hereto, the same ihalf be construed to mesn as well ~i the hein, le~al representstives, successon snd ~ssgro (either vol~nury by act of the
parties or involuntary by opcrafion of 1he law) of fhe same and that the covenants herein co~tai~ed shill bind snd the txnefin and ~dvantaqes ima~
ro the respecfire heirs, legal rep~esentatives, successo?s and ass'gns of the partiq l~ereto.
And said Mortgsgors, for themselves ar+d their heirs, legal represcMatives. successon and sssigns, hereby jointly ~nd severally covenant and ~yree
ro and with the s~id MORTGAGEE, ifs successors end assig~s:
1. To pay sll and s~rgulsr the princip~l and infcrest and the vario~s and sundry :ums of money payabte by virtue of ssid prom;ssory note, and this
mortyaye, each ~r?d every, prompNy on tF~e dayi respectively the s~me severally becorr~ due.
2. To pay all ind siryulu the tsxes. ~sse~sments, levies. liabilities, obligations and encumbrances of every nsture ~nd kind now on said desaibed
orope~ty, or that hereafter m~y be impoted, suffered, placed, levied, a assessed thereon, p tMt here~fter msy b~ levied or aiiessed upon this AAwt¢
age, w tF+e indebtedneu secured hereby, each and every, wAen due and payable, xcordirg to law, before ti~ey become delirquent, aod before ~ny interest
attaches or any penalty is i~curred; AN~ INSOFAR AS ANY iHEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISfIEO AND D15CHARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH /l5, fOR INSTANCE, THE TAX RECEtPT OR THf SATISFACtION PAPER OfFIC1AllY ENpORSED
OR CERJIf1ED) SHAtI BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof ii nof
paid, saYSfied and discharged sa:d MORIGAGEE may at any time pay the same or any psn thereof wifhout waivi~g w a(fccting any option, lien, equity or
•~aht under or by virtue o/ this mortgage and rhe full amourt oi each and tve?y such p~yment shall be immediately due and payable and shall bear interesf
~•om the date thereof until psid a1 rate of ~inr per centum per ~nnum snd to~eR ? w~th s~ch interest shall be secured by the lien of th:s moryta~e.
_ ~ooK~04 rat:~237~
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