HomeMy WebLinkAbout0234 23'7442 ~ '
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THIS INOENTURE, Mad~ the 1St day of Septel~beY - A.D. 19~ betwee^ ~
Frederick L. Carpenter and Anita Carnenter~, his wife _
of $t• L'1bC1@ Cou~fy Flwida, htrein~ftsr detignated as the "MORTGAGOR;' snd fIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FOR? PIERCE, s corporation or9+~ized +nd existing unda ths laws of the United S~atas of America and Mving itf principal ptace of ~
bui;ness in tM Ciry of Fort Pierc~, St. l~cie County, Flwida, hereinait~~ deipnat~d ai tM "MORTGAGEE:'
WHEREAS the MORTGAGOR it jvstiy indebted to the MORTGAGEE in the sum of f 19 •~0 good and tawful money oi the United
S~ates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promissay note of even date herewitF, of wh~ch the following in ~
words and figures is a true copy, to-wit:
s 19 ~400 .00 10018763
Fort Pierce, Ft«~, September 1 19~
Fw value received, 1, we or either of us, prom~se to psy, without defalcarion, to the order of FIRST fEOERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierte, Florida, the sum of S 19 ~ 4~ with interest from date at fhe rate of 7~75/e pe? annum, in mo~thly instalb
R~ents as follows: = 16O•~0 on ~he1St day of November , 19 72 and a like sum on the cwrespond~ng day of each month there-
after unlil the whole be fully paid.
Each installment firat shall be appl~ed in payment of the interest and then on the unpaid balence of the princ~pal s~m. If d ault is made in ths ~
payment of any instsllment when due, and such defautt continues 30 days, then at the option of the holder, and without any other notice, all the remaining
;nstallments shall be due and payable at onca Privilege i~ given to prepay this rate in whole or in part at any fime without penatty. Neithe~ forebeannce,
nor accepqnce by the holder thereof after any default in any payments hereon, shall be decmed extension. A late payment charge of shall be
added to each ins~allment remaining unpaid 7 days after its d~fe date, and s like sum shall be added to each such installment remaining unpaid 7 days aftet
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severslly, waives demand, presentment protest and notice of protest fw nonpayment, and further
agrees to any extension of t~me of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of collection, including a
reasonable attorney's fee in the event of any default hereunder, and lxreby severally waives all benefit of homestead and ezemption under the constitutan
and laws of each S?ate of the United States, as against this oblgation w any exte~sion or renewal hereof.
Witness the hand and seal of each party.
S,~Frederick L. Carpenter ~AU
(SEAL)
S/Anita Carpenter (SEAy
(s~?U
~ ~ 29 .10 ) State Revcnue
NOW, THEREFORE, the III~ORTGAGOR for the pu.pose of sec~ring payment of said sum of S 19 and the Performsnce of ths
covenanls and agreements hereinafter expressed, and fw divers good and vslusble conside~ations, by these presents, does grant, bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its succeuors and auigns, all that certain bt, piece or parcel of land, situate, lying, and beiag in the
County of $t . L1~C ie and State of fbrida, dewibed followi: ~
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Lots 10 and 11~ Block 7, RUI~II,MAN S[BDIVISION~ as per plat ~
thereof on file in Plat Book 9~ Page 55, recorded in the
public records of St. Lucie County, Florida.~
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together with sll and ~ingulsr the tenements, hereditamems and appurt~nces thereunto belunging or in +nywise +ppert+i~in9 thereTO, and all renri, Iuues, ~
proceeds and profits acuuing end to accrue from said premises, all of which are included in the above and fwegoirg dewiption and habendum. ~
TO HAVE AND TO HOID the above dewibed and granted premisrs unto the ssid MORTGAGEE, its s~tcesson and auiyns forever. And th~ said 3
MORTGAGOR fw -~~r he~rs, exetutors, administrators snd assgns, hereby covenanri with the said MORTGAGEE, its succeuas and ~asiyns,
,hat _thev are lawiulty seized of the said premises in fee simple: that the same ue free, ckar and discMrged from all 1'~eru and encum~ i
b+ances in law w in equity, and that thev M,~~~ and their hein sMll warra~t and defend ths title to the same to the said
~ MORTGAGEE, its svccessors and auigns, forever sgainst the lawful clairt?s and demands of all persons;
~ PROVIDED, AlWAYS thst if the MORTGAGOR shall promissory rate hereinbefore dewibed and sh~tl trul , tl
~ pay unto the MORTGAGEE the Y P~p^P Y
and fully perfum, dixharge, exetute, compkte, comply with snd ~bide by exh and evtry the stipulations, ayreemenn, conditiora a~d covenann of Nid
~ prerniuory note and of this Mo~tg~ge, rhen this Mortgage and the Estate hereby aested shall cease and be null and vcid. t
IT IS UNDERSTOOD that the word "Nlortyagw" whether in the singular or plural ~~ywhere in this Mortgaye, shall be sinyulu if one only and ~
a shall be plural jointly and severally if more than one. +nd that the wwd "their" as used anywhere in this Mortysye sMll be t~ken to mean "his:• •'hers•• ;
~ or "its;' wherever the context so implies a admits. Also, that wherever there is a reference in the covenaori and sgreements herein cont~ined to any of E
~ fhe psrties hereto, the ~ame shall be construed to mean ss well as the heirs, 1lg+l representatives, s~ccesson and aui9ns (either vol~ntary by ~ct of 11+~ t
~ parties w involuntary by oper~tion of the law) of the same snd that the covena~ts F~erein contained shall bind and the benefin and adv~nt~yes inur~ ;
ro the respective heirs, legal reproxntatives, successws ~nd au~gns of tF~e parties hereto. E
And said Mortgagors, fw themselves and their heirs, legal repreuntatives, successors ~nd suigns, hereby joiMly and severolly covenant and ay~ee ~
ro and with ihe said MORTGAGEE, its s~ccessors snd suigns: s
1. To pay all a~d tinp~lar the principsl +ad interest and the vsrio~s ~nd sundry wms of rtwney payable by virtue of said ptomissory nofe, and this ~
mortgsye, esch and every, promptly on the da~rs respec~ively tlx same xverslly become due. ~
2. To p~y all and •ingular the taxes, as~essments, levies, li~bilities, obligstions and encumbrances of every nature and kind raw on said destribed
property, a tl+~t hereafter rtNy be impo~ed, wffered, placed, levied, or ~ssessed thereon, a th~t hereafter may be levied or assessed upon this Morig- ~
age, or tF~e indebted~cu secured hereby, each and every, when dve and psyable, accwdirg to law, befae tF+ey became delinquem, and befwe any interes~
at?aches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PRON1PtLY SATISFtED AND DISCHARGED Of
RE~ORO AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSED ~
OR CERi1FIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenf fhat eny thereof is not ~
paid, saYsfied and diuharged said MORTGAGEE msy at any time pay the aame w any part thereof without waivirg or affectTng any optan, lien, equity or F
•iQht vnder or by virtue of this mortgage ~nd the full amount of each and every such payment shall be immediately due and payable and shall bear inte~e~t -
hom the date thereof until psid at rate of nine per centum pe• annum and together wj,tj~ ~ st shsll be secured by the lien of th:s moryts9e.
dOCX~.VtI fAGt
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