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Home My WebLink About0715 ~Z37'~64 ~ THIS INDENiURE. Made the ~ 6t'h day of ,~ng~t? A.D. 1972 - between ~ Miarican Hanes and Mortg.ages; 7nc. , a Florida Cor~oratian of Str. Lucie ~p~nty florid~, hereirwfter de~ignated as the "MORTGAGOR;' and fIRST FEDERAI SAVINGS AND IOAN ASSO~IATION OF FORi PIERCE, • corporation wpani:ed and exiitin~ undm the laws of 1M United Ststot of /imeriu and havinp iri p+incipal plats of ? businss~ F~ th~ Clry of fwt Pis?cs, Sr. lusie County, Fbrid+, herein~ftsr dei~gnated ~s th~ "MORiGAGEE:' ~ WNEREAS the MORTGAGOR is juttly intlebted to the MORTGAGEE i~ ths sum of S 8~~~ , good and Iawfvl money of the United # Statei advanctd by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certaln promissory note of even date herewitl+, of wh~ch ths fol~cwinp in words and fiqure: is a lrue copy, to-wit: s 8~-~ ~y 3-18,677 Fwt Pierce, Flwida. Au~l13t ~ O 19 ?2 Fw value received, 1, we w either of us, promise to psy, without defalcation, to the order of fIRSi FEDERAL SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum oi = 8~•~ with interesl from date at the rate of _l.s~°ro per annum, i~ monthly install- ments as fol!ows: S~•~ on the day of ~CAa1t1AI' ,~9_~.~ a~d a like sum on the carespond~ng day of each month there- • i atter unfil the whole be fully paid. Each installment first shall be applied in payment of the interest aod then on the unpaid balance of the prinupal sum. If d ault is made in the payment of any installmer~t when dve, a~d such default continues 30 days, thcn at the option of the holder, and without any other notice, all the remain~rg ;nstatlmenta shall be due and payable at once. Privilege is given to prepay this note in whole or i~ part at any time without penalty. Neithe~r f~orebearance, nor acceptance by the holder thereof afrer a~y default i~ any payments hereon, shall be deemed extension. A late payment tharge of S!» . shall be ; added to each in:tallment remaining unpa~d 7 days aiter its due date, and a like sum shall be added to each such installment remaining u~paid 7 days aftcr each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayme~t, and fvhher agrees to any extensan of time oi payment, either before w after maturity, without nolice to any of us; and to pay all coats of collettion, includiny • reasonable attorney's fee in the event of any defautt hereunder, and hereby severalty waives all benefit of Iwmestead and exemption under the con~titution and laws of each State of the United States, as against this obligation o~ any extrnsion or renewal hereof. w~t~cu ths ha~d a~d s~a~ os each pa?rY. AMl3RICAN HOMES AND MORTPQrrAGES~ INC. ~ ' csEnU s/Willfam A. Anderson~ President ~aU Corporate Seal Affixed kttest: ~~U ~20 s/ Verna L. Anderson, Secretary ~ ( ) State Revenue (S~amprew~eailedro~•eiigwwl•nele) NOW, THEREFORE, the MORTGAGOR fw the purpose of ~ecvring payment of said sum of S 8~'~ and the pe~fwmance of ths covenants and agreements F~eieinafter expreased, snd fw divers good and val~able conside~ationa, by these p?esenn, does graM, barysi~, sell, remise, retease, convey and confirm unto the MORiGAGEE, its successors and ~uigns, all that certain lot, piece or parcel of Isnd, iituste, lying, and beinp in ths County of $t •~C~ and State of Florida, deacribed as folbws: Lot 16, Block 20, LAKEWOOD PARK, UNIT N0. 3, as per plat thereof on file in PZat Book 10, Pages 63 and 64, of the Public Aacords of St. I.ucie Caunty, Florida This is a second mortgage being inferior on~y to a prior fYrst mortgage f~pn mortgagors to mortgagee and recorded in 0. R. Book 203, Page 7$3, Public Records i of St. Lucie Cowity, Florida ~ - '`~~~.~s•µ=:~ ~~Cf./1~~4 ~ ~F ` t1` , ~ a N S AT F!_ORlDA 1 ~ : ~ ~Z OOCUMENTARY StAMp TAx ~ ,l t.~ ^j _ ~ ~ " DEPt.y OF REI/EDItlE ~ ~ V ~ - _ • - ~ ~ o ~ ~ SEP 11'72 ~ O I. Z O ~ QIfOHE pASS ~C' NRA~01lL! ~EItS4MI1L 1~~«t~ ~•i • . ~ o= IIIDZ „'~w ' lIIR3~N~NT TO Cf1A~'tE~ A•IJ~ M7a Qi 2W2. ~ - ! ' ~ lQIiRAt rogether with atl and ungula~ the tenemenri, hereditaments and appu?tances thereunto belongi~y w in anywise appc~faining thereto, and all rents, iuues, proceeds and profits sccruing snd to acuue from said premises, all of whid+ are included i~ ~he abov~ and fwe~ang description u+d habendvm. TO HAVE AND Tp HpLD the above dewibed and g.s~ted premises unto the said MORTGAGEE, its succeswn and ~ssiqns forevtr. Md tFw said ' MORTGAGOR for it3 heirs, executors, sdmin~strators and sisigns, hereby covens~ts with ~he said MORiGAGEF, it~ successas ~nd issipro, that i't is lawfull seized of the said Y prem~ses in fee simple; that tF~e same a?e free, cleir and discharged from all lieeu ar+d sncum~ ~ brances in taw o~ in equity, and that it wil! and its hein shall warnnt and defend the title to the sam~ to tM ssid j MORTGAGEE, its successors and suigns, fwever agains! the Iawful claims and demands of sll persons; ; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE tF?e promi:sory note hereinbefore described ~r+d thall tr~ly, promptty ' and fully pcrfwm, d~scharge, execute, tompkte, comply with end abide by eath and every the stipulations, ~greements, conditiau end covenanb of said promilspy note and of this Mortgsge, the~ this Mortgage and the Estste hereby veated shall cease ~nd be null and void. ? IT IS UNDERSTOOD tF~al the wwd "Mort9agw" w`xther in the singular w pl~ral ~nywhere in this 1No?t9~ge, shsll be singular if ons only and ~ shall be plural jointly and severally if more than one, and that ti~e word "their" ss used anywhere in this Mortgage iha!! be taken fo meen "his:• •,hen;, : o~ "in," wherever the context w implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of f the pa?ties hereto, the same shall be cwutrued ro mean a~ well ~s the heirs, legal rtpresentatives, tuccesson and auigrn (either voluMary by ~ct of th~ ~ parties w involuntsry by operarion of the !aw) of the ~ame and that the covenants herein contained shall bind and the benefits ~nd edvantsQp inun # ro the respeclive heirs, kgal repreuntatives, successas and as:'gns of the pa?ties hereto. And ssid Mortgsgors, for themselves a~d their heirs, legal represeMati-ies, succeswn snd auigni, hereby joi~tl~ and severally covena~t •nd ayree ~ to ~nd with the ssid MORTGAGEE, its svccessors and assigns: 1. To pay all and singulu tFk prirxipa! and inttrest snd the various and sundry sums of money payable by virtue of s~id prom;upry note, and this i mwtys9e, esch ~nd every, promptly on the days respectively the same severally become due. ~ 2. To p~y •II and singul» the ta,ces, assessments, levies, liabilities, obligstwns and encumMancea of every ~sture and kir+d now on said dewibed ; p'operty, ot tf?at hereafta msy be impwed, iuffered, plxed, levied. or asusted tFrc?eon, a 1Fiat hereifta? may be levied~or sssessed upon 1F~is Morty- ~ age, or tM indebtedness ucured hereby each and every, when due a~d pay~ble, xcwdirg to law, before they 6ecome delir?quent, ~nd befwe any intera~ atraches o~ any penalty is incuired; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISfIED AND DISCHARGED OF D,EGORD AMD THE ORIGlNAL OFFICIAL DOCUMENi (SUCH AS, fOR INSTANCE, TNE tAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERTIfIEO) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AfTER PAYMENT; and in the event thst My thereof i~ not paid, sat:tficd and diuha~ged sa'd MORTGAGEE may at any time pay the same or any part thereof w;thout waiving w affecting a~y optio~, lie~, equity p •pht under w by virt~e of this mortgage and the full amount of each and every such psyment shall be immediately due and psyable and shall be~r interest . !rom the date the?eof ~ntil paid at rate of n~ne per centum per annum and together w~th s~ch interest shaoll R secured by the lien of rh's morgtaye. BOGK ~O~ PACE 7,~.~ : , _ ~~m ~°.u ~ ~ . ~ _ . ,~K Y ~ "