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HomeMy WebLinkAbout0315 235203 ~ THIS INDENTURE, Made Ihe 7th day of July A.D. 19 72 between _ Lewis J. Noakes and Pearl M. Noakes~ his wife _ op _~t . Luc ie ~ County Florida, hereinafter dcsgnatrd as the "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE, a corpaa~~on wganized and exis~ing unde~ the laws of the Un~ted Statos of America and having its pri~cipal ptace of i busineu in the Ciry of fort Pierce, St. lucie County, Flwida, he~einafter designated as the "MORTGAGEE:' 25 200 00 ~ WHEREAS 1he MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of S- + • good and ~awful money oF the United States advanced by the MORiGAGEE ~nro the MORTGAGt~R, as evidenced by a cer~a~n promissory note of even dafe herewitb, of wh~ch the fol(owing in words and figures is a true copy, to-wit: s 25,200.00 ~ 3-18,545 Forf Pierce, flwida, `JU 1 y 7~ 19 72 for value received. 1, we or either of us, p~omise to pay, wi~hout defatcation, to the ordrr of FIRSi FEDERA~ SAVINGS AND IOAN ASSOCIAiION OF FORT PIERCE af Fort Pierce, fbrida, the sum of s'25~2~~.00 vv;1h interest (rom date at the rate of 7• SO'ro per annum, en monthly instali- ~,~ents as (ollows: = 187 on the 15t day of November ~9_7!2 and a like sum on tha correspond~ng day of each month there- after until the who:e be fully pa~d. ' Each insrallmeRt fir~t shall be applied in paymem of fbe interest and fhen on the unpaid balance of the princ~pal sum. If d ault is made in the Fay~nent of any i~~stallme~u when due, and such default continues 30 days, then at the option of the holder, and without any other not~ce, all the ~emaining u~sfallments shail be due and payable at once. Privitege is given ro prepay lhis note in whole w in part at any time wirhout penaqy. Ne~rher forebearooce, nor atceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S~ 9• 35 , shal) be added to each instaltrr~ent remaining ~npaid 7 days after its due date, and a like sum shall be added to each such insfallment remaining unpaid 7 days after each succeeding payme~t dafe. ~ Each maker, surety and endorser hereof, jointly and severalty, waives demand, presentment protesl and notice of proteat for nonpayment, and f~nher agrees to any extension of time of payment, e~ther before or after maturity, without not~ce to any of us; and to pay all costs of co~lection, includ:ng a re~sonable attomey's fee in the event of any defau:? hereunder, and hereby severally waives all benefit of homestead and exemp~ion under the consfitution ,~,d taws of each State of fhe United Statrs, as ageir.st this obl~gation p any eztensio~ or renewal hereof. Witness the hand and seal of each party. s/ Lewi s J. Noake s ~Ai~ (SEAI) s/ Pear 1 l?f. Noake s ~ C37.80 ~ Stste Revmue (~U (Sidfl4~AiR~lti~ ~1F &yi~1A ~Stel NOW, TkEREFORE, the MORTGAGOR for rhe r se of secori a ment of said sum of S 25 ~ 2~0. 00 P~ Po ^9 P Y , s~d the pcrformance of the covenanta and agreements hereina(te~ expressed, and fw d~vers good and valuable tonsiderations, by these presents, dces grant, bargs~n, selt, remise, release, convey and confirm unto lhe MORTGAGEE, ib successors and assigns, aIl thaf certain lot, picte w partel of land, sitvate, lying, and being in the County of - St . Lucie and State of florida, dewibed ~s follows: Lot 10, Block 13, SURFSIDE SUBDIVISION, UNIT t~2, as per plat thereof on file in Plat-Book 11, page 8, recorded in the Public Records of St. Lacie County, Florida, ~ ,LO yt',~ ~ E~~"? 7~. ~QT~ .~QR04 d G' yG~~ ` ~E~,Gts ~ ig~y ~t~ ~ ,KtA t~i~ aECE. c~ ~~s '~~~.r ~ ~ ~ ~~RS11~~ ~D i ~URt• st- ~ W S I r~ ~t C~~~ r L C? k I ~ A ~RK ~.G-~ ~ f isOCJ"~ E` T1~ X ~ ~L ~ f.r_. ~ - _ ~ auii:~~z = U - ~j''~3780~ V~ p°~LOf PE°iL~4~.~; rs°'!~ . P.B. ~soi it - - rogNher with all and singutar the tenemenrs, herediraments and appurtances thereunto belor?ging w in ~nywiu ~qxrtaineng thereto, and all reMS, issues, p~oceeds and profits xcrving and ro sccrue from ssid premixs, all of which are irxluded in the above and foregoing deicription •nd habend~m. TO HAVE AND TO HOtD the above described and granted premises u~to the taid MORTGAGEE, its succeasors ~nd ~~signs forever. Md the said MORTGAGOR for - thg1l----- he;rs, exec~tors, administrators snd assigns, hereby covenants with the said MORTGAGEE, its succeasas ~nd ~ssi~m, rhat - -Y- - the dtQ_ _ ~awfully se~zed of the said premises in fee simplc; that 1F?e same are free, ctear and discharged from all ticns end encur~ brances in law w in equity, and lhattheY wi11 and thE'1Z heirs shall wsrrant ~nd defend the title ?o the same to the said MORTGAGEE, irs successors and augns, forever against the lawful claims and dcmands of sll perswis; , PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry note hereinbefwe dexribed and shall truly, promptly i and ful:y perfwm, d~uharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory rate and o~ rhis Morrgage, ~hen this Mortgage and the Estate he?eby veated shall cease and be ~ull end void. IT IS UNDERSTOOD that the word "Mortgagor" whethcr in the s~ngular o? plural snywFiere in this Mortgsge, ihdl be sir~ular if one only end shall be plural jointly and severally if more tha~ one, and that the wwd "their" as uud ~nywi?ere in this Mortgage shall be taken to mean "his," "he~s" or "its;' wherever the context so implies or admirs. Also, that wherever there is e reference in the covenants and agreemcnts herein contained to any of rhe parties hereto, the same thall be construed to mea~ ai well as the heirs, legsl representatives, successws and assigns (either voluntary by act of the parties or involuntary by operata~ of the law) of the same a~d that the covenants herein co~tairxd shall bind and the benefit~ and advanfagp inwe ro the respective he'ui, legal representatives, successo?s and ass~gns of the p~nies hereto. g And said Mortgsgas, fw themse{ves and their heirs, Icgsl repreuntatives, succeuas ~nd sssigns, hereby jointly and severally covenant and ayree ro a~d with the said MORTGAGEE, its successois and assigns: 1. To pay sll and sirgular the p~incipal and interest and the varioos and sundry sums oF mo~ey psyble by virtue oi said promfsswy note, and this mortgayr, each a~d every, promptly on the days respect~vely the same severally become due. 2. To pay all and singular the ta~ees, assessmenti, levies, Iiabilities, obligstions and encumbrances of every nature snd kind ~ow o~ said desuibed property, w that hereafter may be imposed, suffered, placed, levied, or assessed tF~ereon, p that hereafrer may be tev~ed or asussed upon fhis Mort¢ age, a ti~e indebfedness secured Mcreby, each and erery, when due ~nd payable, xcwding to law, before they become delinquent, and before any interest atraches or any penalty ~s incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SHAII BE PROMPTLY SAi1SFIED AND DISCHARGED OF RECORD ANO THE ORIGtFiAL OFfIG1At DOCUMEfVT (SUtH AS, FOR INSTANCE, THF TAX RECFlPi OR THE SAIISFACiION VAPER OfFICtAIIY ENDORSEO OR CERTIFIED) SHALL BE PlACEO IN THE HANDS Of SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, saYsfied and discharqed sa'd MORTGAGEE may at any time pay the same or any part thereof withovt waiving or sifetting any op~ion, lien, equify o~ •~qht under or by virtue of this mortgage and the f~ll amount of each and every such payment shall be immediately dve and psyable and shall besr interest i.om the date therrof until paid at rate af n~ne per centum per annum and together w:th s~h ~nt~~ll be secur~ `~e lien of th's motgtage. BOiIK PACE ci1 Y ~.dc~r _ - 'r.'~` _ _ . .c _x.-~«~