HomeMy WebLinkAbout0244 23~44~
THIS INDENTURE. JNack tl~e 15t day or September ? - A.D. 1972_, be~wee~
Dennis R. Barton~ a sinale adult - ;
~
of $t. Lucie Cp~nty Florida, hcreinafter designa~ed as the "MORTGAGOR;' and FIRST fEDERAI SAVMGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpaation aguiized and exii~ing under ~M laws of the United Slatas of America and havinp iri {xincip~) place of
bu~iness in ~M Ciry of fort Pi~rce, St. lucie County, Flori~~, hereinafter designated as tM "MORTGAGEE."
WHEREAS ths MORTGAGOR is justly indebted to the MORTGAGEE in the sum of = ~ 2-6~0~00 good and lawful money of Ihe Un~tcd
States advanced by the MORiGAGEE unto thc MORTGAGOR, as evidenced by a cerlain promisaory ~ote of even date herewith, of whith the iollowiny i~
words snd figures is a true topy, to-wit:
s 12.6Q0.00 r,~, 10018762
~ P~Q«e, Fia~d,, September 1 19_~
Fa value received, 1, we ot either of us, p~omise to pay, withoul defalcation, to 1he order of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATION Of
FORT PIERCE at Fat Pierce, Fbrida, the sum of = 22 ~ 6~0.0~ w~th interest irom date at the rate of 7• 7~6 pcK annum, in monthly instalb
ments as follows: S 104.~~ on the day of 1~{oVembBl 19~_ and e like sum an the cwrespond~ng day of each month the~r
afrer until the whole be fully paid.
Each installment fint shall be appl~ed in payment of the interest and then on the unpaid balance of the principal s~m. If d sult is msde M the
HaYment of any installme~t when due, and such default continues 30 days, then st the optio~ of the holde~, and without any other notice, all the remaining
~nsrallments shall be due and payable at once. Privitege is given to prepay this nofe in whole or in part at any time without penalty. Neither faebearance,
nor acceptance by the holder thereof after any default in any paymcnts hereon, shall be deemed extension. A late paymeM charge of ~e~[.~ shal) be
added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each auch instatlment ranaini~g unpaid 7 days afte~
each succeedirg payme~t date.
Each maker, surety and endorxr hereof, jointly and severally, waives demand, presentment protest and notice of p~otest for nonpaymeni, and further
agrees to any extension of t~me of payment, either before w afrer maturity, without not~ce to any of us; and to pay all costs of collenion, induding a
reasonable attcrney's fee in the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemptio~ under the constitution
and laws of each State of the United States, as against this obligation w any extension w renewal hereof.
Witness the hand and seal of each party.
S/Dennis R. Barton, a sinale ~AU
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(SEAI)
cs~?u
cs~+u
~ 18' 9O ~ State Revenue
NOW, THEREFORE, the MORTGAGOR fot the purpox of securing psyment of said sum of S 12 ~ 6~' ~ and the performsnte of the
covenants and agreements hereinafter expressed, and for divers good and valuable considcrations, by these presents, does grant, bar9sin, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece or percel of land, situate, lying, and being in ths
Couny of S t. Luc ie and State of Florida, dewibed ~s follows:
The South 20 feet of Lot 3 and all of Lot 4, OLEANDER PARK,
a Subdivision as per plat thereof on file in Plat Book 9,
Page 76~ recorded.in the public records of St. Lucie County,
Florida.
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~ , W STATE ~F FLORlD~ ~ `~~~~~j`.
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rogether with all and singular the tenemenis, hereditamenis and appurtsnces tFkreunto belonging or in s~ywiie +ppert~ini~g theteto, ~nd all rents, iswes,
proceeds and profits xuuirg and to accrue from said premises, all of which are included in the ~bove snd fue9oing desuiption +nd Mbendum-
70 HAVE AND TO HOI~ the above dewibed and yranfed premises unto tM ~aid MORTGAGEE, iri succetsors snd assigns forever. Md th~ s~id
MORTC4GOR fw - hi5 hein, eaecutors, administrators and assigns, hereby tovenanfs with the ssid MORTGAGEE, iri sutcessors ~nd ~siiQm.
that he 1S Iswfully seized of the said prem~ses in fee simple; that tl~e same ~re free, clear and dixharged irom ~II liens and erxv~
~ brances in law w in equity; and tha;_ he _ r,,;u and _ h15 heirs shall warrant and defend tF~e title to the same to ths ssid
MORTGAGEE, its successors and augns, ~are:er against the lawfu~ uoims and demsnds of ~II penons;
~ PROVIDED, AlWAYS tMt if the MORiGAGOR sFu~ll pay unto the MORTGAGEE the promissory note hereinbefore described and th+ll truly, promptly
:r
and fully perform, discharge, execute, complete, comply with and abide by each ard every the stipulatans, sgreements, conditions and coveranri of said
~ promissory note and of this Mwtgage, then thii Mwtgage and the Estate hereby crested sMll ce~se and be null and void. .
IT IS UNDERSTOOD that the word "Mortyagor" wF~ether in the singular or plural anywhere in this Mwtgsge, shall be sinyular if one only and
~ shall be plural jointly and severally if more thsn one, and tF~at the wad "their" as used anywhcre in this Matgsge shall be t+ken to mean "his;' "hers;'
~
or "its," wherever the context so implies a admits. Also, thst wherever there is a reference in the covenants and agrecments herein contained to any of
~ the psrties hereto, the same ihall be consuued to mean as well as the heirs, leyal rep~aentative~, successors and sssi9ni (either voluntary by act of tM
parties w involuntary by operaYan of the Iaw) of tF~e same and that the covenants Fxrein contained shall bind and the benefits and advantsges inur~
to the respective heirs, legal repreuntatives, succeswrs and ~u'gns of the parties hereto.
And said Mwtgagors, for themselves and their heirs, legal representatives, sutceuws s~d auigns, hereby jointly and severally covenant •nd ayree ~
ro end with the said MORTGAGEE, its successws and auigns: ?
1. To pay all and singulsr tFro principal and interest and the vario~s snd su~dry sums of money payable by virtue of ssid promissory note, snd this i
= mortyage, each snd every, promptly on the dsys respectivety the same severally become due. ~
~ 2. To pay atl snd ~ingular tlx uxes, assessments, Ievies, liabilit~es, obligstions snd encumbrances of every nature end kind raw on aid dacribed ~
property, w thst here~fter rrwy be imposed, suffered, placed, levied, or assessed thereon, p thst hereafter m~y bs levied or usessed upon tha Motf¢ ;
age, or the indebtedneu secured hereby, each and every, when due and paysbie, accordirg to law, before tFiey become delinque~t, and befae ~ny interest ~
attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD 1NE SAME SHAII BE PROMPiIY SATISfIED AND DISCNARGE~ OF
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED
OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar?d in the event that a~y thereof is ?wt
pa~d, sat'sfied snd discharged sa:d MORTGAGEE msy at any time pay the same a ~ny part tF?e~eof without waivi~g or affectiny any option, lim, eqvity or
•+qht ~:nder or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due snd psyable and shall bear interest
~ram the date thereof until psid at rate of nine per centum per annum and to9ether with suyh Ame s all be secuted y the lien of th:s rtw~9ts9e.
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