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HomeMy WebLinkAbout0226 . 23'7438 ?HIS INDENTURE, Mad~ the 5th day of Se~t~mber A.D. 19 72 beMreen Samuel D. Crutchfield and Jeanne R. Crutchfield, his wife of ~t. LuCle Carnty Flwid~, hereinafter detgnated ~1 ihe "MORTGAGpR;' and FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, ~ cwpaation or~anized and exitting under the }~ws of ihe United Stat~i of Ameriu and having ib principal pl+ca of buiiness in tM City of Fwt Pierce, St. lutie County, Flwida, heteinaft~r designat~d as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is juitly indebted to the MORiGAGEE in the ium of S 2O' 8~' ~ . good and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a te~tain promiuory note of oven date herewilh, of wh~th the following in ward~ and figures is a true copy, to-wit: ~ 20 ~800.00 10018771 fort Pierce, Fio.~da, September 5, ~y 72 fw value received, I, we or either of us, promise to pay, wifhout defalcation, to the order of FiRST FEQERAL SAVINGS AND LOAN A550CIATION OF FORT PIERCE at Fwt Pierce, florida, the sum of s 20+8~•~~ w;th interest from date at the rate of 7•7Sro p~r annum, in m~thl; imtall- ments as follows: = 158•~ on the 1St day of NOVeIDt1QI ~q 72 and a like sum on the cwresponding day of each month there- after until the whole be fully paid. Each installment first shatl be applied in payment of the interest and then on the ~npaid balar+ce of the prindpal sum. If d ault is made in Nx payment of any i~stallment when due, and such default continues 30 days, then at the option of ihe holde~, and without any other r?ot~ce, all the rrmaining ~nstal!ments shall be due and payable at once. Privilege is given to prepay this note in whole w in part at any time without penalty. Nei!her fwebearance, nor acceptance by the holder thereof after any default in any paymenfs hereon, sl~al) be deemed e:te~sion. A late psyment charge of S ~-'--.90 shall be added to each insrallment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installme~t remaining unpaid 7 days afte~ each s~cceeding payment date. Each maker, surety and endo.ser hereof, jointly and severally, waivcs demand, prese~tment protest and notice of protest fw nonpayment, and further agrees to any extension of tin,e of payment, either before or after ma~uriry, without not~ce to any of us; and to pay all costs of collection, inctud~ng a reasonable attorney's fee in the event of any default hereunder, and hereby severally wsives all benefit of homestead and exemption under the tonstitution a~d laws of each State of the United States, as against this obligation w any eztension a renewal hereof. Wit~ess the hand and seal of each pa?ty. (SEAU s/ Samuel D. Crutchfield ~s~,q (5~?U s/ Jeanne R. Crutchfield ~ ~ $31.20 t Stste Revenue 4~+m~s s~al~oo x+ogtmt ~1 20 800 00 NOW, THEREfORE, the MORTGAGOR for the pu?pox of seturing payment of ssid sum of S ~ • and the performence of the covenants and agreements F?ereinafter expressed, and for divers good and valwble considerations, by these p?tsents, does grant, bar9ain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successws and aui9ns, all that certain lot, pitce or putel of land, situate, lying, and being in fhe Couny of St . Luc ie and State of Florida, dew~bed ~s follows: Lot 2, Block B, PIONEER PARK, as per plat thereof recorded in Plat Book 11, page 39, of the public records of St. Lucie County, Florida, ~i M~ ~~~i. ~ W~„ S'IAi E. ~F f-LOF2IUA /~e~Ee p~saoE'y~~. ~ v ti DOCUME11TAp _ STIa~P TaX `NZpNG S ~FV' j = SEP-572 - J y`q - - = S~ tE(i ~~Qp~i"~'~~~E ~ R • t~' ~ ~ ~ = = 312 0 = ~ S` 1' ~ - _ ' _ ~p`' N QEiT.OF R[Y'.Ci1E P.B.~9o~~2 d~ together with all and singular the tenements, hereditamenri and appurtsnces thereuMO belonging w in ~nywise appertainirg therefo, and ell re~ts, iuues, proceeds and profin acvuing and to accrue from ssid premises, all of which are included in the above and foregoinp dewiption ~nd Mbendum. TO HAVE AND TO HOLD the sbove desuibed and grsnted premises unto the said MORTGAGEE, its s~?ccessws and ~uiyea fwever. And fM said MORTGAGOR for thel r--__ heirs, executors, sdministratws snd asi~gns, hereby covenants with the ssid MORTGAGEE, its successors ~nd ~uipro, that the...k a re ~awfully seized of the ssid premises in fee iunple; that the sams are free, clesr ~nd discharged from all lie~ u~d enaxn- brantes in Iaw w in equity, and that they W~~~ ~Mj thei r ~~n W~rrant and defend the fitle to the same to ths fald MORTGAGEE, itt successors and sugro, fwever sgsinst the lawful claims and demands of all penwu; ~ PROVIDEO, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory rate hereinbefwe described and shatl truly, promptly e~ and fully perform, diicharge, execute, complete, comply with and sbide by esch +nd every the itipulstio~, sgrcements, cond~rioos and covens~n of said ~ promissory note and of this Mortgage, then this Mortgsge and the 6tate hereby ueated shall cesse snd be null and void. ~ IT IS UNDERSTO00 thst the word "Mortgsgor" whether in the s~ngular or plural ~nywhere in this Mortgage, shall be tirgular if one only and ihall be plural jointly and severally if more ihan one, and that the word "the'u" as used anywhere in tha Mortgage shall be t~ken to mesn "his;' "hers;' ~ or "its;' wherever the context w implies or admits. Alw, that wherever there is • referente in the covenants and syreemenb F~erein contained to any of the parties hereto, the ssme shall be construed to mea~ as well as the heirs, legal representatives, successon and auigns (eithe~ voluntary by ~ct of tht parties or involuntary by operation of the law) of the ssme and that the covenants herein contained shall bind and the benefiri end sdvantsgd i~ur~ to the respective heirs, legal rcpresentatives, successors and au'gns of the psnies hereto. And ssid Mwtgagw:, fw themxlves and their hein, leg~l representstives, wccesson and euigns, hereby jantly and severally coven+nt and ayree ~ fo and with the said MORTGAGEE, its successon and suig~s: ~ 1. To pay all snd singulsr the principal and interest and the various and sundry svms of money payable by virtve of uid promissory note, and this matgsye, each and every, prompHy on the days respectively the s+me severally become due. 2. To pay ~II end singular the taxes, stsesunenb, levies, lisbilitie~, obligations s~d encumbances of every n~wre and kind now on uid dewibed ~ property, w 1F~at hereafter may be impo~ed, suffered, pl~ced, levied, o~ assessed thereon, p that hereafter may be levied or assessed upon ihis Mort¢ age, or the indebtedneu secured hereby, exh snd every, when due and payabte, ~ccording to law, before they became delinqvem, ~nd before any iMerest attaches w any penalty is i~c~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGEO OF ` RECORD ANO THE ORtGlNAL OfFIC1Al DOGUMENT (5S1CH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN TNE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that any thereof is not paid, tat'siied and discharged sa:d MORTGAGEE may at any time pay the same w ~ny part thercof witho~t waiving w affecting a~y optan, lien, eqvity w •iqht under or by virtue of this mo.tgsge and the futl amount of each and every svch payment shall be immediately due and payable snd thall bear interest ~rom the date thereof u~til paid at rate oF n~ne pe? centum per a~num ~nd together w~th such iNerest shall be secured by the lien of th:s morpta9e. 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