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HomeMy WebLinkAbout2379 . 234521 : THIS INOENTURE. Made the 15t ~y o~ August A.D. 19-?2 between _ Eddie WitherspoQn and Sandra Witherspooni his Mife of St. ~tuCie ~ County florida, hereinattet designa?ed as ihe "~I?pRTG/tGOR,y•and FIpST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporation wganized a~d exii~ing undrr the laws of the United St~fos of Ame~ic~ and having its prirxipal pl~ce of busineu in ~h~ Ciy of Fat Pierc~, S~. lucee Cwnty, fbrida, he~einafter deii~na~~d as tM "MORTGAGEE:' WHEREAS Ihe MORTGAGOR is j~stly indebted to the MORTGAGEf in the sum of S 9~ 3~'~ , good snd lawful money oi the U~~ted S~ates advanced by the MORTGAGEE un~o the MORiGAGOR, as evidenced by a cer~a~n promiuwy note of even date herewitl~, of wh~ch ~he following in words and figures is s uue copy, to-wit: ~ 9,300.00 Mo3-18,627 Fo?t Pierce, Flwida, AuCJ115t 1 19 72 fa value received, 1, we o~ either of us, promise to pay, wi~hout defalcation, to the order of FIRST FE~ERAI SAVINGSS ANO IOAN ASSOCIATION OF FORT PIERCE a? Fat P;e~ce, Florida, the sum of s 9~ 3~'~ w~th interes~ from da~e at the rate of 7'776 per snnum, in monthly ins~all- ments as fo!lows:; 83'~ on the lSt day of ~tober ~ ~9 72 and a like sum oo the correspa~diag day of each month thcre- aFter uMil the whole be fully paid. Eath installment first shall be applied in payment of tiK interest and then on rhe u~paid balance of rhe p.;nc~pa) •wn_ ff d ault is made in fhe payment of any i~stallment when due, aod such default cont~nues 30 days, then at tbe opt~n of the holder, ~nd without any othe? no~lce, all the remaining ~ ~nstallments shall be due and payable at once. Privilcge is given to prepay this note in whole ot in part at any time without penatty. Neither (o~ebearance, nor acceptance by the hotder thereof after any default in any payments hereon, shall be deemed extension. A lare payment thargs of S 4• 1 S, thall be ~ added to each instailment remain~ng unpa;d 7 days aiter its due date, and a like sum shatl be added to each such installment remaining unpaid 7 days after ~ each succecding payment date. ~ Each makc~, surety and e~dorser hereof, jointly and severalty, waives demand, presentment protest and notice oi protest tor nonpayment, and fu~the~ agrees to any extension of rime of payment, eirher befo~e or a[1er mafurity, wiihout nofice to any of us; and to pay al~ costs of collectio~, includ~ng a reesonable atto.ney's fee in the event oF sny deiault hereunde~, and hereby severolly waives atl benefit of homestead and exemption under the ca+stitution ~ and laws of each State of ~he United States, as ayainst this obligation or any extensio~ or renewa! hereof. , Witness the hand and seat of each party. (SEAU S/ Eddie Witherspoon ~i~ (SEAt) ~ 13.95 5 Sandra Witherspoon ( ~ Srate Revenue ~ (Srarnprancelled~ em eriginsl-nete) ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of seturing payment of said sum of S 9~ 3~'~ , and the pe~fo?mance of the _ covenants a~d agreements hereina(ter expressed, and fw dive?s good and valvsbfe considerationa, by these presents, does g~ant, bargain, sell, rem~se, ' releast, convey snd confirm unto the MORTGAGEE, its successors and auig~s, all that certain lot, piece w parcel of land, situate, lying, and being in the Counry of ~ St. LLtCl~ and State of Flwida, described ~s fotlows: Lot 12, Block 1, PINE CREST SUBDIVISION, according to the plat thereof on file in Plat Book S, at page 1S, of the Public Records of St. Lucie County, Rlorida And mortgagors covenant that they are the identical individuals named as grantees in that Warranty Deed from Ida Killings, an un-remarried widow to Eddie Witherspoon and Sandra Marie Witherspoon, his ~?ife, bearing date of July 12, 19~2, recorded in O. R. Book 204, page 1149, of the Public Records of St.Lucie County, Rlorida, ~ ~ ~ ~ Q~y~pE'?-4~f~ t~. - w S TlaTt ~3~ t-LUF-21LA ~ ~ DOCUMENTA~ ~T!„ ,P TA?( ~.~.~"5~;~ ~ AUG-2'72 d•+, ~ a~, - - - ~ `r~AqG1 `q4 , S ~ ~ ~ ~ ~ _ - ~z ~ I ~ 9 5 ; ~~S `a~P`` , ~f~~l ~~v ~ :,=F~ .t. s ~~((1Y~ i N G'EPT.~f CifEWi . ~E c ~N ; ~J' V - P,B. ~9o~~z d'~ . ~t /2 G~~,l, C`~,ti rogether with alt and sing~lar the tenements, F~ereditaments ~nd sppurtances thereunto betongirg w in anyw'ue appe~tairtiny the~eto, ~nd ~II rents, isives, p.oceeds snd profits acuuing and to atuue from said premiaes, all of which are intluded in the sbove and fae9arg destriptan ~od habendum. i0 HAVE AND TO 1301D the above described +nd granted premises unto the said MORTGAGEE, its successori and suigns fwever. And tFw s~id MORTGAGOR for - thel r---- ixirs, executors, administrato.a snd sss'gns, hereby covensnti with the s~id MORTGAGEE, its succawrs and auigrn, rhat they a re _~awf~u ui:ed of the said Y prem~ses in fee simple: tMt the ssme are free, ckar ~nd dischar9ed- from a0 liens u~d encum~ brances in Isw o? in equity, and that thev W~~~ a~ their ~ heirs sMall wsrrant snd defend the titk to tke same fo the s+id MORiGAGEE, its successors snd assgns, forever aqairut the !awlvl clsims and demands of all persons; PROVIDED, AlWAYS thst Ff ~he MORiGAGOR shall pay uMO the MOR7GAGEE the promissory note hereinbefwe destribed u~d shall lruly, promptly and fully perform, diuharge, execute, compkte, comply with and abide by esch snd every the stipulations, egreements, conditions and covenants of said promiuory note and of this Mortgsge, then this Mortgage and tlu Estare he~eby created shall uase and be null ~nd void. tT IS t1NDERSTOOD thsr the wwd "Mo?tgagoi' whether in the singulu w plural ~nywhere in this Matys9e, shsll be singular if o~e enly snd shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgsge shall be taken to mean "hi~;' "hers" or "its;' wfxrever the context io implies or admirs. Also, thst wherever there is • reference +n the covenants snd agrerments herein conlained to sny of the partiq hereto, the same ihall be construed to mesn ss well as the heira, kg~l representatives, ivccessors and ~uigns (eithe? voluMSry by ~ct of the parties w involuntsry by operation of the law) of the same and thaf the covenants herein contained sF?~II bind and the benefits and adv~ntagd irwr~ ro the respective hein, kgal representatives, succesw+s and ass~gns of tMe parties hereto. Md ~sid Mortgagors, fa themselves and their heirs, legsl represematives, successws ~nd suigns, hereby jointly and severally cwensM and ayree ~o and with the said MORTGAGEE, its succeasors and assigns: 1. To pay alI and singulsr th! principal and interest ~nd the various and su~dry sums of mo~ey pay~bte by virtve of said p~omissory note, and thu mwt9~ge, each ar+d every, promptly on tF+e days ?espectively the same iererally becortro due. 2. To psy a!I snd ~ingulu the ta:d, assessmcnb, levies, li~bilities, obligatiwn and encumb~+nces of every nawre snd kind now on said describcd property, w that heresfter may be impoted, wffered, plxed, levied, o~ auessed thereon, or that hereafler msy be (evied or assessed upon thjs Mwt¢ age. a the indebtedness secured hereby. each and every, when due and piyabk, accadinp to law, before they become delinqveM, and before sny interest attaches a any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORO THE SAME SHAII BE PROMPiLY SATISFIEO AND OISC1iARGED OF RECOR~ AND THE ORIGIhAI OFFICIAI OOCUMENT (SUCN AS, FOR INSiAFKE, THE TAX RECEIPT OR TME SATISFACTIOM VApfR OfFIC1ALtY ENDORSED OR CERTIf1ED) SHAlL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN OAYS NEXT AFTER PAYMENT; and in the evenl tMt any tl~ercof is r?ot paid, sat"sfied ~nd dixharged sa d MORTGAGEE may at any time pay 1he same or any part thereof without waiving or affecting ~ny option, (ien, ~equity a •iqht under w by virtue oi this mortgage and rhe iull amount of each and every such paymenf sl~~Il be immediately dve and payable and shall besr interest s•om the date thereof until pa~d at rate of nine per centum per en~um and together w~tFy.s~ 1'~j~ s shall be r the lien of th:s morgtage. 60dK~V~ PAt;E~~ ~ _ ~ - : _