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Home My WebLink About0711 ;r 235~88 ~ THIS INDENTURE, Made the 26th day of Ju1,Y , A.D. i9 72- between Gerald Claxton and Audrey Claxton. his wife <3 of SL . L~lB ~o~~ry Ftorida, hereinafta deiiqrutcd ss the "MORTGAGOR;' and FIRSi FEDERAt SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a mrpo.at~on ag~~i:ed and ex~~ting unda the Isws of tf?e Un~ted S~at~s of Hmerica and Mvinp its principal plsc~ of buiineu in the Ci1y ot Fort PiKCe, St, luca Couoty, Flaid+, hercinafter de~iynated as ~M '"MORTGAGEE." - ~ WHEREAS the MORTGAGOR is jv~dy indebted ro ths MORTGAGEE in the sum of s 7 a600.~ , good ~nd lawful monay of the UnltcYl i Sfates advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a cKtain promissay no~e of eve~ date herew~th, of wh~ci+ the fottowinp in = words ~nd fiqures it a Ir~e topy, tawiC 3-18 6~ ~ 7.600.00 , . . ~ • Fwt Pi~rc~. Fla~da. July 26 ~y 72 ` fw value received, 1, we or either of u~, prom;se to pay, without def~lcation, to ~he ordcr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fat Picrce, Fbrids, the sum of s 7~~~~ with interest irom date at the ra~e of 7• 75°b per ~nnum, in monthly instal6 menis as follows: S 58•~ on the 1St ~y of Septeaber 19 ~2 and a lik~ s~m o~ the axrespond~ng day of each month there- af~er until the who!e be (ully paid. ~ Eath installment firil shall be applied in payment of Ihe inte•est and thtn o~ the unpaid balance of the print~pal svm. If d aulf is made io the ~ ~:ayment of any initallment when due, and such deiault co~tinues 30 days, then at the opti~n of the holder, end without a~y otlxr notice, all the remaining ~ _ ~r,stallments shall be due and payabte at once. Priv]lege is given to prepay this oote in whole or in part at sny time without penalty. tVeither faebea?ance, r.or acceptance by the holde~ thereof afte~ any defautt in ~ny payments hereon, shall be deemed extension. A late paymen! charge of S-.Z!-~-~ , sh~ll be added ~o each installment remainirg unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining unpaid 7 days aftet each svcceeding payment da~e. Each maker, surety and endorur hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonpaym~nt, and further agrees to any extensan of time of payment, eirher before a after maturity, without ~otice to any o( us; and to pay all costs of collettion, including a - reanonable attorney's fee in the event of any de!ault hereunder, and hereby severally waives all benefil of homestead and exemption under the constitution ~ a~~d laws of each Statr of ~he Un;ted States, as agasnst this obt~gation or any eate~sion a renewal hereof. , Witness the hand ar?d seal of each aarty. s/ Gerald C laxton . ..~Ca,Ql~ ` j ~ s Audre Cla t t $~Z - ~ f s~ate ee~ t5+a~w,-~+nc~l~ «y iw,?.~«a NOW, THEREFORE, the MORTGAGOR for rhe purpou of securing payment of ssid sum of i 7 s 6~ , and the perfwmance of th~ covenants and agreements hereinafter expressed, and fw divers good and valuable considerations, by these p~esents, does grant, bargain, sell, remi~s, release, convey and confirm unto 1hF MORTGAGEE, its successors ~nd assigns, all thst certain lot, piece a p~rcet of Isnd, situate, lying, and being in the Covnry of St: ,~~.UC1@ . ~nd 51ate of Fbrida, described a follows: i ~ ~ ~ • F Lot 6, Block Ft HARI~NY HEIGHTS, ADDITION 3, as per plat thereof on fi2e in Plat Book 9, Page 46, of the Public Records of St. Lucie County, Florida ~ W 51'qT~ ~F ~LURIuA ? Z DOCUMENTA~~. STl?i~P Tl?X ~0 ~ p~~ d ~ a - dUG16"12 = ~ ~ ~ ~RSOt1AL P~OfEM~. oN o = 3~ ~ 3 i I 4 0= ouE ax~ ~~~+c ~,s oF i9n. R a ~ O4iT.OF R[tlESIK ~~~w. s j _ ~!?~i~NT 10 ~ I'1' 0 1 i R R t P.9.~'0~~: - C1~dlR ppHtlT, sT. WCIE G0, FUl ~ , ~ togethcr with slf ~nd tirgvlar the tenemeA4s, hereditsments snd appurtances thereunfo be~w~ging or in anywae ippert~ining thereto, ard all renri, tuues, ' orocerds and profits sccruirg and to accrue from said premises, all of w1iKh ue included in the above ~nd fwe9oiny descriptio~ ~nd habendvm. i TO HAVE AND TO HOID the sbove described and granted premises uMO the said MORTGAGEE, itt s~aessort and +uigns ioreve~. And th~ said ~ MORTGAGOR iw ~lr heirs, executon, sdministrators and sssigns, hereby covenanri with the said MORTGAGEE, its successas and ~uiQro, , rha~ --~he.X are lawfully se~zed of the said prem3ses i~ fee iunple; th~t the same ~re fres, ctear and dixharyed irom ~II liens ~nd encurrt brances in law o~ in eq~ity, and that thev N,~~~ a~ their he;n shs11 warranf and defend tl~e fitle ~o the same to the ssid MORTGAGEE, its successors and auigru, forever sgainst the lawful claims and demands of sll personf; ~ PROYIDED, ALWAYS fhit if the MORTGAGOR shall p~y unto tF+e MORTGAGEE the ptomissory note hereinbefwe dewibed u+d sMll fruly, promptly and fully perfo~m, dixMrge, execute, complete, comply with and abide by each ~nd every the stipulations, ayreements, conditions and covenants of said promisswy note and of this Mortgage, then thi~ Mortgage and the Estate hereby ucated shall cease snd be n~rll ~nd void. IT IS UNDfRSTOOD thst tlx word "Mortg~gp" whether in the singular or plwal anywhere in this Mortyspe, shaU be sirgulu if one only ~nd shall be plural jointly and severslly if more than one, snd that the wad "tF~ei?" as used anywhe~e in tha Mo~tya~e shall be bken to mean "hi~;• •'hen,•• or "its," whereva the context so implies a admits. Alw, rhat wherever there is a refeience in the covenann and agresmenti hcrein contained to any of rhe pa?ties hereto, the same shall be construed to mean ss well ss the heirs, kgst represeMativea, successon and auiyru (eithet voluntary by act of ths pa~ties w imoluntary by operstion of the law) of the s~me snd that the covensnn herei~ contained shall bind and the benefiq and ~dv~MSpes inure ro the respective heir~, legal representafives, successors and au~gns of the panies hereto. And said Mortgagors, fw themselves and their hein, legsl ~epreuntatives, s~ccessors and auigru, hereby joinNy and severally covenant and ~yree fo ~nd with the said MORTGAGEE, in successon and auigns: 1. To pay all and singulsr tFx principal and interest snd the vsrious ~nd sundry sums of morxy payable by vinve of said promis~ory note, and this mortgage, exh and evsay, p~omptly on the d~ys respettively the sams severally become dve. 2. 7o psy •II and singular the tsxes, auessments, levies, liabilities, obligations ~nd encumbrancet of er~ry n~turs and ki~d now on said dewibed property, w th~t hereafter may be imposed, wffered, plxed, kvied, or aueised thereon, or that f~ereafter may be levied w assessed ~pa~ t~a MwtQ- age, a tM i~debtedntu setured l~ereby, exh and every, when due and piyabla, ~tco~diry w law, befote tliey becort~e detinqveM, and befort ~ny interqt attaches w any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIED ANO UISCHARGED Of RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, fOR IN3TANCE, THE iAX RECEIPt OR iHE SATISFA~TIQN PAPER OfFIC1AlLY ENDORSED OR CERTIFIED) SMAtI BE PLACED IN TME HANDS OF SAID MORTGAGEE WITHtN TEN DAYS NfX1 AFTER PAYMENT; and in the event thal any thereof is not ~ paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the ~sme a any p~rt thereof witFaut w~iving w sffectiny any option, lien, equity p i ~~aht under o~ by virtve of this rrsorrgage and the ful! amount of each and every suth payme~t shall be immediately due and payable •nd shalf bear interes+ # ~.om the date thereof until psid at rate of nine per centum per •nnum and toyether w~th suth iMeresl~~shwll ~Xy~ted by the,jj~~o~th:i mwytaqe. ! a00K U ~ Pacf 7 - ~ ~ ~ ~ ~ ~ - _ ; _ _ ,rt~