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HomeMy WebLinkAbout0980 THIS INOENTURE. Made the ~9th day of ~Au~ 5t. . A.O. 19 7~ between John R. Harris, Jr. , and Bertha Harr3s,-'Fi s e of St •~.L1Cie Counfy Florida, hereinafte~ des~gnated as the "MORTGAGOR." and FIRS? fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation wqanized and exis~ing u~de~ the laws of the Uneted Stat~s of America and having its prinupal place of b~siness in the City of fort Pierce, S~. lucie County, Fiorida, hereinafter deiignared as the 'YNOR:GAGEE:' WHfRfAS the MORTGAGOR is jusdy indebted to the MORTGAGEE in the sum of s_~~~!~__ good and lawful money of the U~,1cd Srates advanced by the MORiGAGEE unio the MORTvAGOR, as e~ide~~c,d by a certam promissory nole of e+e~ date herewhh, of wh:ch the ioitowing i~ words and iigures is a true copy, Io-wit: 700. oo No ~ orn 8750 Fwt Picrce, florida, AU~l1S~i 29 19 72 fos val~e ~eceived, I, we o~ either of us, prom~se to pay, wi~hout defalcation, to ~he order of FIRST FEDERAI SA~INGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of s ~ ~~7~~~ _ wlth ~nteres~ from d'ote at the rate of ~!?~o per annum, in monthly install- ~•~eros as foltows: 5-~-~-~- or. the ~ St day of ~C~.Ober , 19__?? and a like sum oo the correspond~ng day of eac6 month there- etier until the who.'e be Fully paid. Each instaltmrnt lirst shaN be applied in payment of the inrerest and then on the ur.pa~d balance of ~he pr~nt'pal sum. If d ault is made in 1he F~finent of any installment when due, and :uch default continues 30 days, then at the opti~n of the holder, a~d without any other nor~ce, all thr remaining ~~,srallments shall be due and payable at once. Privitege is g+ven to prepay th~s note in whole or in part at a~y t~me wiihout pena{fy_ Ne~ther forebearance, nor acceptance by the holde~ the~eof aftrr any defauit in any payments hereon, shall be deemed extens~on. A late payment charge of S-~~__, shall be ; dded to eech instaiiment remain~ng unpa~d 7 days after its due dale, and a tike sum shall be added ~o each such installment rema~ning unpaid 7 days aher each succeeding payment date. Each maker, surety and endorser hereof, jointiy and seve~ally, waives demand, presentrnertt protest and not~te oi protest for nonpayment, and further ag.ees to any ex~ension of t~me of payment, either before or after matur~ty, wi~hout norce to 3ny of us; and to pay all costs of cotlection, includ:ng a re~sonable attorney's fee in the event of any defauh he~eunder, and hereby seve~all~• waives all be~~efit of homcstzad and exempcion under fhe constitut'ron ,~~d faws of each Srare of the lJnired Srates, as against this ob!igation w any ex~ension or renav.al hereof. Wirness the hand and seal of each party. s Joh R. Ha ri Jr. ~A~~ ~ - ~ ~ ~ (SEAL) ha H rris t ~Ai~ rc~ _ ~ (SEaI) ( ? • 77 t Srate Revenue !Shw~N.o~wo~lleJ-ow~igiwe!-*~enel NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of S ~ 7~• ~ , and the perfwmance of the coven~nts and agreements hereinaiter expressed, and for divers good and valuable cons~derations, by these presents, dces grant, bargain, sell, remise, r~lease, convey and confirm unto the MORTGAGEE, its successors and ass~gns, all that certain lot, piece w parcel of land, situate, lying, a~d being in the Counry of St+. Lueie and State of Florida, described as fotlows: ",rom the intersection of the centerline or Orange Avenue F.xtensian and the East section li,~e of Section 9, Taanship 35 `'~outh, Range 39 East~ run South along said section line a distance of b70 feet to a point; thence run ~~Test parallel to centerline of Orange Avenue r~ctension a distance of 360 °eet to a point of beginning; thence cantinue k'~st a distance o' 299 feet to a point; thence run South parallel to said section line 11~0 feet to a point; thence run East parallel to centerline o£ Orange Avenue Extension, a distance o~ ?99 feet to a point; thence run North parallel to said section line, a distance of 1~0 feet to the point of beginning. TOGETHER 4lITH an easement for road purposes .ov~er the ''est 60 feet to the East 360 feet of the East 4 of the SEy of said Section 9, the same being Lot #10 of an unrecorded plat entitle~i '~West Fort Pierce ^r.states prepared January 2I~, 1956, by T. H. Deskins, Land Surveyor ~ ~ s-ra-crEt ~yF F~ou~oa ~ y~ yy~y~~} r= ~ DO~UMGNiAQ• ~wq~ STA~~~ 1' [ 1R~I~uGn~ U~ T~ ~ ~ °O OEPi. ~F REVENVE :~s ••f` ~ ~ ~ ,C ~T~~ pE!t90yu ~-'~ry• ~ n ~ ~ P~. ~ S~Y ~ ~ Tt ~ I T. 5 5 ~ 10 C.~~~ 71•1~, ~S ~ 1~ ~!w/ ~ ~ ~ ~ ~ ~~102 I~'iw~ ' ROGER ~ ~E ~ • • ~ q,E{tl[ C I f U C t f R 00~1Nt; ST. LtIC rogether with all and singutar the tenements, hereditaments and appurfsnces tF~ereunto belonging or in anywise appertaining thereto, and all rents, isaues, pra~s and p?ofits atcruing and to accrue from sa~d premises, all of which are included in the above and foregoing description and habendum. TO HAVE AND TO HOLD the. above described and granted premises unto the ssid MORTGAGEE, its successo.s snd assigns forever. And the said their ,NORTGAGOR fo~ heirs, executws, administrators and assigns, F~creby covenants with the said MORiGAGEE, its svccessors and ~ssigns, ~hat {'-~y a~---- lawfully seized of the sa~d prem~ses in fee simple; that tfx same are iree, clear and dixharged from a!1 liens snd encum~ brances in law or in equity, and that th~y will and their heirs shall wa~rant and defend ?he title to the same to the said ' 1,tORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefwe described and ahsll truly, promptly and fully pe?form, dixharge, execute, complete, comply with and abide by each and every the stipuiations, a9reemenrs, conditiorts and covenants of sa;d Promissory rwte and of this Mo?rgage, r}~en this Matgage and the Estate hereby created shall ceax a~d be null and void. IT IS UNDFRSTOOD that the wwd "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singu~ar if one only and sha!I be plural joinfly snd severalty if more than one, and that the word "their" as used anywhere i~ this Mo+tgage shall be laken to mean "his," "hers," or "its;' whe~ever the conte:t so impties or admits. Also, that wherever tl~ere ii a reference in the covenants a~d agreements herein contained to sny of rhe parties hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successors xnd assigns (either voluntary by aq of the parties or involuntary by operation of the law) of the sarne and that the covenants herein contairxd shall b~nd and the benefits and advantages inure ro fhe respett;ve heirs, legal representatives, successors and ass~gns of the parties hereto. Md said Mortgagon, for themxlves and their heirs, legat reprcsematives, successas snd assigns, hereby joinlly and xverally covenant and agree ro and wi , the said MORiGAGEE, its successors and ~ssigns: 1. To pay all and singular the principal a~d i~terest a~d the various and sundry sums of money payable by virtue of said promissory note, and thia rnortgage, each and every, promptly on the days respectively the same severally become due. 2. To psy all snd •ingvlar the taxa, assessments, Ievies, liabilities, obligations and encumbrances of every nature and kind now on said dexribed oroperty, w thst hereafter msy be imposed, suffered, placed, levied, or assessed thereon, w Ihat hereaiter may be levied a asussed vpon thia Mo?tp- ' age, w 1he indebt,dness ucured he~eby, exb and every, when due and psyable, according to Iaw, before they bccome delinqueM, and before my interest a~~aches or any penatty is incu~red; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTIY SATISFIEO A~1D OISCNARGED OF RECORD ANO THE ORIGShAL OFfiCIAL OOCUMENi (StIGM AS, fOR lNSTANCE, TkE 7AX RFCfIVT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ' pa~d, saYsfied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without waiving or afFecting any optio~, lien, equity w •~qht vnder or by virtue of this mo~tgage and fhe full amount of each and every such payment shall be immed~ately due and payab~e and shall bear interest ~~om rhe date thereof until paid at rato of nine per centum per annum and together w;th such ~nreres! shalE be~~e~r~, e ~~en of t~+~ tage. ~Q~+! r~~ ~ 1 1 ~ f ; ~ - - - »[.,~b~l.~~;~ ~-~~~,~~'g~.` S~ a s~3..~.~' ~ 4 _ `