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Home My WebLink About1046 ~a~vQJV i • THIS INDENTJRE, Made the 12th day of Sgpsel~e~' . A.D. 1972 betwee~ _ Altred W. Landr~ and Alice I.andry, his wife • • ~ of St. LLIC~@ Counfy Florida, htrei~afttr de~ignared as ths "MORTGA R," and fIRST fEOERAI SAVINGS AND IOAN ASSpCIAT10N OF fORT PIERGE, ~ cwpaation a9snized and existi~g undsr tM laws of ths Un~ted S~at~s of Arn~ric~ a~d Mvinp its principal pl~ce of bu~iness in tM City of Fort Pierce, St. lucie Cou~ty, florida, hereinaher de~ipr+ated ~s tM "MORTGAGEf.•• WHEREAS the MORTGAGOR is justly intlebt~d to ths MORTGAGEE ih the sum of j 6=3~ , Qood and lawiui money of the Un~ted j Srates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of even date Ixrewith, of which the following in words and figures is • trw copy, to-wit: s 6 , 300 .00 10p18815 Fon r~e.o.. Flaid+. September 12, 19 72 ior vatue rcceived, 1, we w either of us, prom~se to pay, withouf defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE af Fort Pierce. Fbrida, the sum of s 6, 3~.~ w;th interest trom date at the rate of 7•7-~o per annum, in monthly install- ~ ~nenrs as foilows: S 76 on the 1 St day of November ~q 72 and a like sum on the cwres~or+ding day of each month there- a(ter until the whOle be fully paid. ~ Each installmcnt tirst shall be app~ied in payment of the interest and thtn on the ~npaid balance of the p?enc;pal wm. !f d~~ult is msde in the payment of any installmeol when due, and such default continues 30 days, then at the opti~o of the holder, and without any othe.v n..~4ce, ati t}x rernain'ug ~ ~nstallments shall 6e due and payable at axe. P~ivilege is given to prepay this note in whole w in part at any time without pen~tty. NeitA~r forebed?ance, - ~ nor acccptance by the holder thereof aiter any defauh in any payments he?eon, sMll be decmed extension. A late payment charQe of Y 3~~ , shsll be added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such inatallment remaini~g unpaid 7 days after each succeeding payment date. Each maker, surety and endorser F,ereof, jointly and seve?ally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of paymenf, either befare or afte~ maturity, without notice to any of us; and fo pay all tosts of tollectian, includinq a ~ re~sonable attorney i iee in the event of any defa~lt hereunder, and hereby severally waives all benefit of homeslead and exemption u~der the ton~titutan ~ a~~d laws of each State of the United States, as against this obligation w ~ny extension or ~enewal hereof. i Witness tF+e hand aod sesl of each party. S/Alfred W. Landry ~,q cs~?u S/Alice Landry ~U ts~?U ~ 59.45 l $tsts Reven~e NOW, THEREFORE, the MORTGAGOR fw fhe purpose of securing psyment of said sum of s 6~~~~ and the performance of ths ~ covena~ts ind agreemenb F?ereinaiter expreued, and fw divers good and valuable cw?siderations, by theie presents, does grant, bargain, sell, rem;u, 2 re!ease, convey and con(irm unto the MORTGAGEE, its sucussors ~nd auigns, all that cert~in lot, piece or parcel of Isnd, situste, lying, and being in the ~ County of St: LL1Cie ~nd State of Fb?ida, dewibed follows: Lot 8, of Block 2, of DiJKETT'S RB-SiBDIVISION, as per plat thereof on file in Plat Book 3, page 33, Public Records of i St. Lucie County, Florida. ~ ~ ~ ~ ~ ; ~i : S A aF OF~tDA ; o~ ~ OOCUMEN ARr , TAMP tA X 1 ~ c'~ DEPt.Oi RE11ENllE ~ ` ' ' ~ ° ~Oa~Si " o ~ 11102 ~ ~ . _ _ ~ "'~°~~es ~ auE oN a,~s ~ wriws~ /IyRStY1N1 YO I~~R l2•13/. A~TS OF l~lA. d pOGEIt l0~1~ itE1t1I CIR~1 ~t~ 1~ICtE OD.. FlJI rogether w~th ~II and iingular the tenements, hered~taments ~nd appurf~nces thereunto belonginy q in ~nywise ~pperfaininy the?eto, ~nd al! r~nts, iuws, proceeds and profits acu~irg and to accrue from ssid premius, all of which ue included in the above ~nd fwegoing dacriptan and 1»bendvm. TO HAVE AND TO HOtD the above dex~ibed snd gnnted premises unto the s~id MORTGAGEE, its wccessors and auiyns fweva. And th~ said MORTGAGOR fa the i r____ ~;~s, executors, administr~tors snd auigns, hereby covenann with the said MORTGAGEE, its wccessors ~nd aaipm, , ~hat - the-y dYe - lawfully uized of the said premises in fee simple; that ths tsme are free, ckar and dischatQed from ~II liens ~nd e~twn• b~ances in law or in equity, and thst t~y will and t heir hein shal) warrant and defend ths titt~ to the same to th~ said - MORiGAGEE, its successora snd auigns, fwever ~gainst the Iawful claims and demands of ill pnsor?s; PROV(OED, ALWAYS that if the MORiGAGOR shsll pay unto the MORTGAGEE the promiuory note hereinbefore deKribed and ilull truly, promptly ard fully perform, d~uharge, execure, complete, comply with s~d ~bide by eacl? and every the stipulatio~s, ~greements, conditions and covenants of said promisswy note and of this Mwtgsge, ttx~ this Matgsge and the E:tate hereby veated shall cea~e and be null ~nd wid. IT IS UNDERSTOOp tF~at the word "JKortgagor" whethe~ in the singular or plwal snywhe?e in tF?is Mwt9~ye, shall be singul~r if w~t anly and shall be plural jointly and severally if more than one, and that the wwd "their" as osed anywhere in this Mortysye siull be bken to mesn "his;' "hen;' or "its;' wherever the context w implies or sdmits. Also, that wherever there is a ~efe~ence in the covanants and apreemenb irc~ein contiined to u~y of rhe pa?ties hereto. the ume shall be construed to mean as well as the heirs, kg+l represenqtives, strtteuors ~nd sssi9nt (eithe~ voluntary by ~cf of the parties a involuntary by operatan of the law) of the s~rr~ s~d that tFe covenaets herein conained sMll bind ~nd tFie be+?efiri and advantsy~s inurf ro the respective heirs, legsl representatives, successws and au~gn: of the pa»ies Aereto. Md said Mortysgors, fo? themselves and their hei?s, leg~l represent~tives, successors and auigns, hereby jointly and savaally cwenant ~nd ~pree . to and with the ssid MORIGAGEE, its s~ccessors and suigns: 1. To pay •II ~nd sinp~tar the principal and imerest snd the various and sundry wms of mo~ey payable by virtue of said promissory note, uxl thn ~ mortgage, esch ~~d wery, promptly on the days respectively the same severaNy becane due. 2. To psy ~tt and singular rhe axes, auessmenn, levies. lisbilities, oblgatiom a~d encvmbrances of every n~ture and kind now o~ said dewibed property, p that hcreafter may be imposed, suffe~ed, placed, levied, or ~uessed thereon, w that hereafter may be levied a assessed vpon this Mort~ age, w tM intlebtedneu setured hereby, esth and every, when due and payable, accordinp to law, befae they becon+e delinqu~nt, and before ~ny intsr~st arfacbes or any penaly is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD TkE SAME SHAII bE PROMPTLY SATISfIED AND ~ISCNARGED OF RECORD AND THE ORIGIIVAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATiSfACT10N PAPER OfFIG1AlLY ENDORSED OR CERTiF1ED) SHALL BE PtACfD IN THE HANDS Of SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst ~ny tF?ereof is rat paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay tF~e same or •ny part the~eof withotit w~iving p affecting any option, lien, equiry p •~aht under or by virt~e of this mortgage and the full amount of each and every such payment shall be immediately due snd payable ~nd sh~ll bear i~terest ;.om the dde thereof uMil paid at rote of nine per ceNUm per annum snd together w~th such interest shall be setured by the lien of th:s mwytsye. 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