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HomeMy WebLinkAbout0507 ~3~620 THIS INOENTURE, Mad~ the 2'2nd day of q~~~t . A.D. 19 72 betwee~ + WiZ2iaa R~ Ssms and Bm~na J S~s~ hia nife of St. Lucie ~~~ry Flwida, hereinafta designated as the "MORTGAGOR;' and FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpo~at~on up~nised and existing u~der tM laws of ths Un~tcd Sut~s of Ams~ica and Mvinp its principal plece of busineu i~ tFN City of Fort Pi~rn, St, l~cis Cou~ty, Fbrida, hereinaftsr d~aipnated ss ti~s "MORTGAGEE." WHfRfAS tht MORiGAGOR is jvstly indebtsd to the MORTGAGEE in the sum of = 17 ~ 2~ , good and lawful money ot the United States advsnced by ths MORTGAGEE u~to Ihe MORTGAGOR, as evidenced by a certain promissory note o( even da~e herewith, of which the foltowiny in i wordi and figurss is a true copy, to-wit: = 17,200.00 ~ 10018703 Fon P~e?~e. Flwida, August 22 ~ ~y 72 ~ For value received, 1, we a ei~he~ of us, promise to pay, without defalcatio~, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF j FORT PIERCE at Fort Pierte, Flwida, the sum of s~ 7~2~ w~th interest from date at !he rate of 7• 5 ~ per annum, in monthly instalM ments at follows: =,1~8•~ on the 15t day of ~tOblr , 19~.~` and a like sum on the co?respond~ng day of each month there- after unlil tFx wAole be fully paid. Eath instatlment fint shal) be applied in payment of the In~erest and then on the unpaid balance of the prinNpal sum. If d ault is made in the payment oi any in~tallmanf when due, and such default co~tinues 30 days, then at the option of ~he holde~, and withou~ any other not~ce, aIl the remaining ~n:tallments shall be due and payable at once. Privilege is given to prepay this rare in whole w tn part at any time wifhout penalty. Neithcr forebearance, nor scceptance by the ho(der thereoi aiter any default in any payments he?eon, shall be deemed extensio~. A late payment charge of S 6• 40 , shall be added to each installment remai~ing unpaid 7 days aftet its due date, and s like sum shall be added to each s~ch installme~t remaining vnpaid 7 dsys after each succeeding payment date. Esch make~, :urery and e~dwser hereof, jointty and severally, waives demand, presentment pro?est and norice of protest fw no~payment, and further agrees to any extension of time of paymem, either before or after maturity, without notice to an/ of us; and to pay all costs of collection, including a reasonabk attorney's fee in the event of a~y default hereunder, snd Mereby severally waives all bene(it of homestead and exemption under the constitution and laws of each State of the United 5?ates, as aga;nst this obligatiao or any extension or renewal hereof. Witaess the hand and seal of each party. S~W1111a1R R . $~IDS (SEAU r I r~ AV~i... J\w` ~ < ~d .J. SdIYS (SfAt) r ~ 2 S, 80 ~ State Rever~ve IsEAU ( pu pose of secu?i ment of sa~d sum of s 17 200.00 NOW, THEREFORE, the MORTGAGOR for the r ng pay ~ , snd the performance of the ' cove~ants and agreements hereinafter expressed, and fw diven good and vslusble considerations, by these presents, does grant, bargain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, ifs sutcessors and assigns, all that certain lot, piece or pertel of land, situale, lying, and being in ths County of St . LuC le aod Sute of florida, dexribed as follows: Lot 1, and North ~ of Lot 2, Block 'F*, DOIRAN SLBDIVISION, as per piat t6ereof on file in Plat Book 9, Page 22, recorded in the public records of St. Lucie County, Rlorida,.? i ~i o= " OOCUMENjAR ~ ST~AMPDA i c~ ~O QE*T.O~ RE1/fNUE ' ~ o - ~ ~ ~ Z ~ 8 ~ ~ ~ ~ffl~ ~sw ; o _ _ • w ~ w c~M ~ _~,.,..w o~ - ~ ~ q~ ~~CRi Y~-~ ; ~,~RY p~~ 'C INTAl161iLE PE~~ i) ` ~T~1'0 cNMiQ u.13+, !~s Of iyri. Np6ER Q~ ~11~ fi. 11~ Cd, Al~ togethe? with all snd singular the ttntments, Aereditament~ and appurtintes thc?euMO belonginy w in anywise appertsining therefo, and ~Il rtnts, iuues, , ~ proceeds and protits accruing and to acv~e from said premises, all of which ~re includcd in the sbov~ ~nd foreyarg descripYan and habendvm. TO HAVE AND TO HOID the above desvibed and y~anted premises unto the said MORTGAGEE, its wccessors and ~uigns forever. And tM sald ' MORTGAGOR for ~~lr heirs, exec~ton, administrato?s and assigns, hereby covenann with the ssid MORTGAGEE, its successon ~nd assigro. , ~hat the are lawfully seized of ~he said premises in fee simpte; that the s~me ~~e free, clear aod diulwrged f~om •Il liens and ~ncum~ branccs in law w in equity, and that they~ r,,;~~ their ~;,i shal! wanant and defend ~hs title to the arr~ to the said MORiGAGEE, its s~cceuws and auigm, forever ag~imt the lawful claims and dcrosnds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shalt pay ~nto the MORTGAGEE the promissory rate F~reinbefwe described snd sh~ll truly, promptly ar.d fvlly perfwm, discharge, execute, :omplete, comply with and abide by each and every the s~ipulations, agreemenl~, conditions +nd coven~nri of said promissqy note snd of this Mortgrye, tFen this Mwtyage a.~+d the Estate hereby ueated shatl cease snd be null and wid. IT IS UNDERSTOOD th~t the v.ord "Mwtyagor" whether in the singular w plural anywhere in this Mortgage, shall be sinpul~r if one only and shall be plural jointly ~nd ~everally if more than one, and that the word "their" at used ~nywhere in fhis Mortflage sMll be taken fo mean "his,•• •'hen•• or "its;' wlxrever the context ao implies a admits. Also, thst wFrorevcr there is a reference in the covenann ~~d sgreements herein contained to any of rhe parties hereto, the same shall be conitrued to mea~ as well as the heirs, leg~l representatives, tuccesson snd assigns (either votunt~ry by ~ct of the parties or ~nvoluntary by opcraYan of the law) of the same and thar the covenant: herei?r cont~ined shall bind and the benefits and advsnta9es inur~ ro the respective heirs, legal ~eprexntatives, succeston and au~yns of the parties hereto. Md said Mwtgs~nrs, fw tlxmulves and their hein, leg~l representstives, successors and assiyns, hereby jointly and sever~lly covenant a~d ayree ro and with the said AM1ORTGAGEE, in svccessws and assig~s: 1. To pay all snd sinpular the principsl and interest and the variovs artd sundry ~ums of money payable by virtue of said promissory note, ~nd this t mortgaye, euh and every, promptly on the days respectively the same uverally (xcome d~e. 2. To pay all ~nd tingular the tsxes, assessmenb, levies, liabilities, obligations and enc~mbrances of every nature snd ki~d now o~ said desuibed properfy, p th~t hereafter msy bt imposed, suffered, pl~ced, levied, or +ssessed thereon, or that hereaftei may be levied a as~essed upon this Morfp- a9e, a the Iridebtedness secured herebY, each and every, wMn due and paysble, accwdinp to iaw. before they become delinqueM. ~nd befort any imere~t attatlxs or any penalty is inc~rrcd; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1E0 AND OISCH/IRCsEO OF RECORO AND THE ORiGtNAI OFFICIAI OOCUMENT (SUCH AS, FOR lNS1ANCE, THE TAX RECEIPT OR THE SATISfAC110N PAPER OFFICIAIIY ENDORSEII OR CERTIFIED) SHAII BE PIACED IN TNE HANDS Oi SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not paid, sa1"sfied ~nd diuharged sa:d MORTGAGEE may st any time pay the same w any part thtreoF without waiving o~ affepiny any option, lien, equity w •~qht under or by virtvr of this mortgage and the full amo~nt of esth and every such payment shall be immediately due and payable and shall besr intere~t ~r~ the date thereof ~ntil paid at rate of nine per centum per annum snd together with stxh i~terest shall be secured by fhe lien of th:s morytaye. { t1 R ~~l?U ~3uK ~dGf ~ . ~~v ~v 1~ ' : - F;~ f'• ~"-q.- :r L.:. 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