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HomeMy WebLinkAbout0511 237623 ~ THIS INDENTURE. M.d. ~be Sth d,y of Sep~ember , A.D. t9~? ~ benN.e~ Charles Henderson and Addie.Henderson. his wife of SL . L11C1@ County Florid~, herei~after deiignated ai tM "MORTGAGOR;' and i1R5T FEDERA~ $AVINGS AND IOAN ASSOCIATION OF FORT pIERCE, a cwporatan orga~i:ed and existing ~nder IM bws o( ths Uni~~d Staqs of Ameriu ind having its principal PIKO of buuneu in th~ City of Fort Aierce, St. lucie County, Flaid+, haein~fi~r deii~nated as tM "MORiGAGEE:' WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE in the sum of = 9~~~ good and lawful money of the Un~ted States advanced by ths MORTGAGEE unto the MORTGAGOR, at evidenced by a certai~ promiuory nole of even date herewitl+, of wh~ch the followirp in wwds a f" ures is a trw copy, to-wir: i 9 ~ 10018778 ~ ~n r~~~e. Florida. September 5. ~9.~_ fa vatue received, I, we or either of us, promise to pay, withait defelcation, to the order of FIRST F'DERAI SAVINGS AND LOAN ASSOCtAT10N OF FORT PIERCE at Fort Pierce, florida, tFx sum of :9 with inleresl from date at the rate of 7• 7~ per annucn, i~ moNhly install- ments a~ foltows: Z~~O0 on the 15t day of November ~ 19 72 snd s like sum oe? the cwreapondirg day oi each month there- a(~er until the whofe be tully paid. Each insrallment first shall be ~pplied in payment of the interest and then on fhe ~npaid balance of the prinupal sum. If d ault is made in the payment of any installment when due, and such defautt con~inues 30 days, then at the option of the holder, snd without any other notice, all the remaining ~nstaltments shall be due and payable at once. Privilege is given to prepay ihis rwte in who)e or in parf at any time wiirout penalty. Neither forebearance, nor acceptance by the hotde+ thereof after any default in any paym+ents F~ereon, shall be deemed extension. A late payme~t charge of = 4•O0 , ihat) be i added to each installment remaining ~~~pa~d 7 days after its d~e date, and a tike sum shall be added to each such installmenf remaining unpaid 7 days after each succeeding payment date. Each maker, surery and endorur 1~ereof, jointly and severally, waives demand, preseNment protest and notict of protest for nonpayment, and further agrees to any extensan of time of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of collection, incl~d~rg a reasonable attorney i fee in the event oF sny default hereunder, and hcreby severafly waives att benefit of homesread and exemptiort under the caufitution and laws of each Srare of fhe Un;ted States, as against~ his obligation w any extension w renewal !xreof. Witness the hand and seal of each party. _ (SfAI~ s/Charles Henderson csencf (SE~?U s/Addie Henderson ~~q ~ 13 . 50 ) State Reven~e GStarqni~teJl~d.no.oaisioaL mtel NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of said sum of = 9•~~ ,~nd fha performenca of ths covenants and agreements hereina(ter expressed, anrJ foa divers good and valwblt considerations, by these presents, does grant, bargain, sell, remiu, release, convey and confirm unto the MORTGAGEE, iri s~rccessors and sssigns, all that cen~in lot, piece or pucel of Imd, tituate, lying, and beinp i~ the County of S t. Lueie ~od State of Fbrida, desuibed ss follows: Lot 28, Block 4, LINOOLN PARK St)BDIVISION, as per plat thereof recorded in Plat Book 3, page 4, Public recoYds of St. Lucie County, Florida,? ~ u, S E oR LORIQA~~ fy~o° ~ OOCUIi1~E1~TARr ~fiAJ~~ jii k ~ :.~e ~"l~E~ ~ ~~S • OE'~~Oi 1tEtlE~tlE • ' ~ iNTANt=uoi~ PiOPE~t1a . _ c ° 1S OF 19/1" c o y M,'~ SEf'Tf! ~ 5 Q~ p~~AW9T TO pWPiER 71•134. M zi~iot ft~G~R P~~ ~ n + ~1t~ L1ACI~f~ OWiiT. ST. WCIf C0. rogether with •II snd singular the tenemen», l~ereditaments and ~ppun+nces thereu~to belongin~ or in anywise ~ppensinir~ therero, and all rents, iuues, proceeds snd profin acvuing and to sccrue from ssid premises, all of wF~Kh ue includsc! in tF+e abov~ ~nd faeye~iny despiption and hab~ndum. TO HAVE AND TO HOID the sbove described and grsnted premises unto tF~e said MORTGAGEE, its waessors ~nd auiyns foreva. Md the satd MORTGAGOR fw their executon, administrators ~nd sssgns, f~ereby tovenanfs with fhe said MORTGAGEE, ib successon and taipra, rhat _ they di@ - lawfully u~zed of the wid premises in fee simple; that the sime ~r~ free, clear and d'acl~r~sd from all lier» ud ~r~nr~+s brances in law a in equity, and tF~st thev W;~~ thBli ~~n ~hall wanant u~d defend the titls to tM s~rn~ to tM satd MORTGAGEE, its successors and sssigns, forever against the lawfut claims ~nd demands of sll persorq; PROVIDED, ALWAYS that if the MORTGAGOR shsU pay unto the MORTGAC,EE 1M promissory note hereinbefw~ dexribed and shall truly, promptly and f~lly perfwm, diuFWrge, execute, complete, comply with snd abide by esch and every tht ttiputations, apreemenb, cond7lions and covenanri of s~id ~ promisso?y note and of this Mortgsge, the~ thi~ Mortgsge and the Euate hereby ueated shsll ce~st a~d be n~ll and void. IT IS UNDERSi00D that the word "Mortgagor" whether in tha sirgular w plvral anywhere in tha Mwt9s~e, shall be sinyulu if one only ~nd shall be plural jointly and severally if more than one, and that the wwd "their" as used anywf~ere in thit Al~ort~~gt sh~ll be t~ken fo msen "his;' "htn," or ";ts;' wherever the contexf w implies a~dmirs. A~so, tMt wherever there is • ~eference in the covensnn and agreements herein contained to any of the partia Fureto, the ssme sMll be construed to mean ss well si the heirs, leya) represent~tive~, successas and aui9ns (eithK voluntsry by atl of fh~ parties w involumary by operation of the taw) oi the same and thae the corenann herein contained shall bind ind the benefiq and ~dvantapes lrwr~ to the respective heirs, kgal representatives, successon and au'gns of the psniea hereto. And said Mortgagors, fw themseives and thcir hein, legal represcntatives, successors ~nd ~~siyns, hereby jointly and severally cova+ant ~nd apree ?o and with the said MORTGAGEE, its successw~ and sssigns: 1. To psy sll and iingut~r tlx principal and interest a~d the varian artd iundry sums of money pay~bfe by vinw of said promiswry note, snd this mwtgaye. esch and every, promptly on the days rapectively the s~me severally becane due. 2. To pay ~11 and s~ngular the taxes, usessmenn, levies, li~biliries, obligatio~s and encwnbrances of every n~ture ~nd kind now on said described property, o~ that hereafter msy be impwed, wffercd, ptaced, kvied, o~ assessed the~eon, w tMt I~ereafter may bt kvied a assessed upon tF?k Matp- age, a tM 3ndebfedness iecured hereby, esci~ and every, when dve and psyabk. ~tcwdinp ro' bw. befwe Ihey become delinquent, snd befor~ any intern~ attaches or eny pe~alty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiLY SATISftEO AND DtSCHARGEO 'Of RfCORO AND THf ORIGINAL OffIG1Al DOCUMENT (SUCH A5, fOR lNSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERTIFIED) SHAII BE VIACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in the evenf thst any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may st any time pay the s~me w sny pan thereof withovt waivinp w affectiny ~ny opfion, lien, equity or •:Qht under w by virtue of this mortgsge and the fvll amount of eath and every stxh psyment shall be immediately due •nd payable and thall bear i~terest From the date thcreoi untif paid at rate of nine per centum per annum and together with such in~~t ~.rV V securet! b~~n of th:s mor9/a9e. . eocx ~ct ~t~ ~ ~ _ - ~ - 'A~.3L~'~"a ~38 `•a.k..~ "'~^Y _ - ' ;s. 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