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HomeMy WebLinkAbout1690 23618f~ ~ !c THIS INDENTURE. Made tlie 23rd ~y o{ August A.D. 19~_..., betwee~ John Joseph Mark and Faith Mark. his wife of St • Z.IiC 1@ ~p~~y Florida, h~reinafter desgnated ~ ts .th~ "MORTGAGQjtJ' ar~d FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpaaYwn u9ani:ed a~d existiny ~nder ~he law4 of tM U~~t~d S~~~a of Ame~ic~ and havinp its principal place of busineu in rM City of For1 Pi~rc~, St. l~cee Couny. Flor;da, heroinift~r de~ipnated as tM "MORTGAGEE." WHEREAS th~ MORTGAGOR it j~nfly indebt~d ro the MORTGAGEE i~ the sum of t 12 ' , good and lawful mo~ey ot the Un~fed Srates advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of even date herewith, of whith the tollowinp in words ~nd tiguras ii a trw copy, fo-wit; ~ 12,000.00 10018714 August 23~~ Fwt Pierc~, Florida, 19 Fo? value receivcd, 1, we w either of us, promise Io pay, without defalcation, to Ihe order of FIRST FEOERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, the sum of s 12~~Q~Q.~O w;th interest from date at the ~ate of7s7SO'ro ptr acinum, in monthly inalal{- ~nents as follows: s 113.00 or? the 1St day of ~etober ~ ~9 72 snd ~ I~ke sum on the correspond:ng day of esch month thcrr afrer until the whole be fully paid. fach installment firs! thall bs applied in payment of the interest and then on the unpaid balance of the princ~pal s~m, If d ault is made in 1he payment of aoy i~atallment when due, a~d such defavtt continves 30 days, lhen at the option of the holder, and wifhout any othe~ ~otice, all the remai~irg ~nstallments shatl be due and payabte at once. Privitege is given ro prepay this rate i~ whole o~ in part at any time witFwut penalry. Neither forobearance, _ nor atceptance by tAe holder thereof after a~y default in any payments hereon, shall 6e deemed extension. A late payment cha~ge of = 5•6S, sl»II be added to each i~stallment remaining unpaid 7 days ~fte~ its due date, and s like sum shall be added to each such installment remaining unpaid 7 days after each suttetding payment date. Each make~, surery and endorser hereof, jantfy and severa!!y, waives demand, presentment protest and notice of protest fw nonpaymcnt, ~nd further agrees fo any extension of time of payment, either before or after maturity, without notice to any of us; and to pay aIl costs of collectioo, intludiny a reasonabk attwney's fee in the event oF any de~auh hereunde~, snd hereby severally waives ali benefit of homestead and exemption under the conslitution a~~d laws of each Stste of ~he United States, as agsinst this obl~gation w any extension or renewal hereof. Wit~eu the hand and seal of each parry. (SEAI) _ s/ John Joseph Mark ~U (sewU 18.00 _ s/ Faith Mark ( ~ Stats Revenus . (Shn+as-cw¢eNed~oe~-originaF ro1~ NOW, THEREfORE, the MORTGAGOR fw the purpox of secvring payment of said sum of s 12 ~ D~O. ~ ~ the performsnca of the covenants and agroementt hereinafter expe~sed, and fw dive~s qood and valuable considrrations, by these presents, does grant, bargain, sell, rem~se, release, convey a~d confirm unto the MORTGAGEE, its wccessors and assigns, all that ceruin {ot, piece or parcel of Iand, iitwte, lyiny, and being in the County of $t . Luc i e and State o# Fbrida, dewibed as fdlows: ~ Lots 3 and 4, TRADEWINDS SUBDIVISION, as per plat = i s : thereof on file in Plat Book 9, page 42, of the Public Records of St.Lucie County, Florida,~ ~ STATE aF FLOF21!?A .~,t • _pgQl~{FJ~f7Ap" STANiP 7AX • ~ ' ~2S'7~ rd~~` p - ec?T.eF tnrtrrt ~ v O~- RECE11Efl ~ 1N PA1fME1fT OF TII~ p g. o~~: ` a~ o n c t~ ~ r~r~ws~ rERSO~t ?a~or~crr, P'~'tS°lANT TQ CyApiER 71-13~. ACTS OF 1511, ROGER r0lijtA; ~!?r`° ~ C=l~ !::';'+111 CO'JRI, SI. l:sClk . • together with all and sirgular the ter~emenb. l~ered'etaments snd appurf~nces the?eunto belonging ot in ~nywqe appertainirg thereto, and all renb, issuts, proteldf •nd profin scauing snd to accrue from said premises, all of which are incl~ded in tl+e abave and fwegany dacripYan and habendum. TO HAVE AND NpID tF~e ~bove dewibed and qnnted premises uroo the ssid MORTGAGfE, in tuaeuors and su;qns fwever. And th~ s~id MORTGAGOR for ~~e2 r heirs, executws, administnton snd sii~gru, hercby covenaros with tF~s ssid MORiGAGfE, ih svaessors ~nd usipro, fnat they a re ~awfull seized of the said y premises in fee simple; that the same ue frse, ckar u+d discharged from all lie~s ~nd encwn- brances i~ Isw o~ i~ equity, and tFat they w~~~ t]]elZ he;n shall warrant and defeod the title to ?M sarn~ to th~ s~id MORTGAGEE, its succeuors and auiyns, faever sgainst the lawful claims and demands of all persons; PROYIDED, AlWAYS thst if the MORTGAGOR shall p~y unto the AhORTGAGEE the promiupy note herci~befort destribed ~nd aFwll huly, promptly and fully periorm, discMrge, execute, complete, comply witF? •nd abide by esch ~nd every the stipulations, agreemenfs, ca+dirions and tovensnb of said promiuory nots and of this Mortgape, t}ien tF~is Mortg~ge snd the Est~te hereby ueated shall cease and be null and void. IT IS UNDERSTOpp that 1F~e wad "Mortysgor" wMether in the singular w plwal snywhere in this Mwty~ge, shall be sinyular if one only ~nd ~ shall b~ plurat 'pintly and sevtrally if more tMn ona, and that the wwd "their" as uud snywher~ in th~s Mortyage sMtl be taken to mean "his;"'hen;' ' or "its;' wherever the context w implies a admin. Also, tF~at wherever there is a reference in ~he covenanri and ayreemenri herein corttained to ~ny of ~ the panies F~ereto, the ssme shall be construed to mean ss well the hein, kysl rtpresentatives, sucuswn ~nd ~ssignf (either voluntary by att of tF+~ parties or involuntary by operstion of the Iaw) 01 the same snd that the covenants herein tontaincd shall bind and the benefiri ind ~dvanfaQq inw! ro the respective he~rs, legal representatives, succeswrs snd au~gns of the panies hereto. Md said Mortgsgors, for themselves and fheir heirs, te9~l reprexntstires, wcceuws ~nd ~ssiyns, hereby jointly ~nd severally cwenant ~nd a~ree ro end with the said MORTGAGEE, its successon snd ~uigns: 1. to pay •It and singular the principal and interest ~nd tF~e wrious and wndry wms oi money Pay,ble by virtus oi s~id prom;uory note, ~nd this mo?tga9e, e+ch ~~d every, promptly on the days respectively tF?e ssme sev~rally becans. due. 2. To pay all and sinqulsr the uxes, suessrnenti, levies. li~bilities, obliyatiw» snd encvmbrarxes of every nature ~nd kind now oo sa;d described p.operty, a that hereaher m~y b~ imposed, wffaed, plxed, tevied, a assessed thereon, or that hereafter may be kv~ed or uietsed upon tyh A~4or~Q. age, w tF~ indebtedness secu~ed hereby, each and every, when due and payable, accordirg to law. befwe they becan~ dalinq~ent, ~nd ~efw~ ~ny interat attathes w any penslty is inc~~red; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPT~Y SATISFIE~ AVD ~ISCHARGE~ OF RECORD AND iHE ORIGINAL OFFICIAI DOCUMENi (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER ~JFfIC1AllY ENOORSE~ OR CERiIF1ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; ae+d in the ertnt 1h~1 sny thereof is not paid, sat'sfied ~nd distharged sa:d MORTGAGEE msy at any time pay the same or any pari thertof wittaut waivinp or affectin9 any option, litn, equih p ~%pht under w by virtue of this mortgsge and the full amount of esth and every such payment shall be immediately due and paysbk and shall bear inte~est ~•om the date thereof until psid st rate of nine per centum per annum and together w~th suchOin~terett sMll be setured by the Iitn of th't mwytape, ~ooK ~~5 Pac~16~ ~ _ i. , _ _ ~.~u.~~~~~.~; ~ . . . ~~r ~