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HomeMy WebLinkAbout1414 ~ ~ i THIS iNOENTURE. Mad~ the 15th d+ of _ September ~.p. 19 7_ 2 ~~W~„ Walter J. Vannasse, II~ and Janet A. Vannas ' his wife . . of $t . Luc ie Cwnry Florida, herein~ftK deiign~red tha "AAORTGAGOR;' •nd FIRST fFDERAt SAVINGS AND IOAN ASSpC1ATION Of FORT PIERCE, • torpa~lion wp~nized and existing unde~ tM tsws oi Ihe (1nit~d St~ttt of Amerlc~-~nd ~vinp in principal place of bvsineu in tM City of Fon Pi~rc~, St. lucie Gou~ty, Flarida. hereinafter d~sipnated u tFN "MORTGAGEE:' WHEREAS 1M MQRTGAGOR ia justly indebt~d to tM MORTGAGEE in the ium of i 16 _ SOO -00 good and lawful r~oney of ?he U~~ted S~ate~ advanced by ths MORTGAGEE unto the MORTGAGOR, as evide~ted by a csrta~n {xomiuory nole of even d~te he?ewith, of which the followi+g in words a~d figurei is a t?w copy. ~o-w;t: =16,500.00 ~ ~ 10018827 Fort Pierc~, Florida, Sgptember ZS .~q~_ For value received, 1, we w either of us, p~om~se to psy, without defalcation, to the order of FIRST FEDERAt SAVINGS AND IOAN ASSOC'IATtON OF FQRT PIERCE at Fwt Pierce, Ftorids, the sum of s- 26 with interest irom date at ths rats of? ~ 7596 per ~onum, in monthly inafal4 ments as follows: t 125-00 on the day of November , ~9_~_ and a liks sum on tha correspondinp day of each ma~th therr after votil the whole be fvlly psid. Each installment first shall be applied in payment of the interest snd then on the unpa~d balance of the princ~psl sum. If d ault is msd~ in the payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without ~ny other notict, all t1~e remain~ng ~nstaltments shail be due and payable at onca Privilege is given to prepay this note in wFale w in part al any time witlwut penahy. lJeittxr forebearance, n~ r accep~ance by the holder thereof after any defavlt in any payments Frorcon, shall be deeme.~ extension. A late payment tharge of s 6~ 2S shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days ~fter eath sutceeding payment date. Each maker, su~ety and endorsea herrof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpaymenf, and fuhher agrees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all costs of collection, includinp a reasonable attorney i fee in the event of any defautt hereunder, and hereby seve~atly waives a11 benefit of homestead snd exemption under the constitution and laws of each State of the United S~ates, as against this obligation or any extension or renewat hereof. Witness the Iu~nd and seal of each party. S/Walter J. Vannasse, III ~U (s~U S/Janet A. Vannasse , ~~q ~ $24.75 a State Revenve ~U NOW, THEREFORE, the MORTGAGOR fa the purpose of securirg psyment of said sum of : 16• ~ a~d the pe?fwm+nce of ths covenan» and agrserrKnts hereinafter expresxd, and fw divers good and vslwble considerations, by these presents, does grant, baryain, sell, remiu, release, convey u~d confirm unto the MORTGAGEE, its sucteuors and suigns, all that unain bt, piece or putel of land, situate, lying, and beinp in the County of St. Lueie and State of florida, dewibed as follows: Lot 22, Block 43, INDIAN RIVER ESTATfi~ UNIT SEVEN, as per plat thereof on file in Plat Book 10, Page 7S, public re- cords of St . Luc ie County, Rlorida. N STA E oF FLORIDA~ . DOCUMENTARY ; S~A___MP tnX I ~ °c~ ° DEPT.OF REYENUE..+ ` ~ - _ = s;r ~s~~ • - ~ Y 4. 7 51 ~ o ° a~ rnwo~ ~ T~ o r.s. - . ~ = „~02 •,..i i ~ " DIIE 011 GJ?tS'C' pITJ111atNE PE~ /RO!E1t~Y, . . . . . . . . PUN'9W1NT Tp ~R 71•'0 ~ Oi 1ll~t. rn ~ d.ERK CIRGiR GOItftT. St. I11CIf 00.. FtA rogethe? with a!1 and sing~lar the tenements, hereditamentt ~nd ~ppurfantes ths?evnto belonging w in ~nywise ~ppeA~ininy therefo, ~nd dl renb, issves, ' proceeds and profits acvuing snd to accrue from ssid premises, all of which ~re included in the ~bove and foregoirq desuiption ~nd habendvm. TO HAVE ANQ TO HOlO the above desaibed and granted premises unto the said NWRTGAGEE, its tuccesson and as:iyns forevsr. Md the s~id their i MORTGAGOR Eor heirs, executon, administrators s~d sugr?t, hereby covenann with tF~e said AM1ORTGAGEE, its successors and auipro, ' that theV-~re-- lawfully se~zed of the said prem~ses in fae simplr, t1?at the ssme ars fres, cb~r and discharged~froen all liens and anc~m- brances in law w in equity, snd that they W~~~ a~ their hein sh~ll warrsnt and defe~d the title to the same to th~ said MCRTGAGEE, its successors and auigns, faever sgainst the lawful claims and demands of all persons; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay ~nto the MpRTGAC~EE the promissory note hereinbefore described and shall truty, promptly and fulty perfwm, d~sch+rge, execute, comptete, comply wirh and ab7de by each +nd every the stip~lations, sgreements, conditions ~nd covenants of said prom~ssory rate and of this Mortgage, tlxn this Mortgsge and the Estste hercby vcated shall cesse and bs null u+d void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plur~l anywhete in this Matgsqe, shsll be sir?pular if one only and shall be plural jointly and sevcrally if more than or+r, snd that the word "their" as vsed anywhere in thn Mwt~sQe shall be fiken to rrNU~ "his;' "hen;' or "its;' whe?ever the co~text so impliei w sdmits. Also, ttNt wherever there it s reference in the coven+nn and spreements herein contsined to arryr of ihe pa?ties hereto, the s~me sMll be conitrued to mean ss well ~s the heirs, kgal npresent~tivq, s~ccesson and assig~n (either volunt~ry by aci of t!w parties or involu~tary by operation of the Iaw) of t}x same snd that the coven~ntt herein contained shall bind and the benefits ~nd advam~y~s ir?ur~ so the respective heirs, legsl representstives, successon a~d au~gr?s of the ps?ties hereto. And said Mortgsgors, fw themselves and their heirt, legal rep?esenhtives, succeaaas u~d assigns, hereby joinHy and severally covenant end a9ree ro ~nd with the said MORiGAGEE, in successors and auigns: t. To pay all and sirg~lar the p~incipa! and interest and the various and sundry wms of mo~ey payable by virtw of said promissoty rwte, and this mwtgape, each and every, promptly on the days reipectively the ssme severally become due. 2. To pay elI and singulx the taxes, sssesunenri, levies, liabilities, obliyatiorq ~nd ent~mbr~nces of every nature and kind now on said described Prope?ry, a thst heresfter msy be imposed, wffered. Placed. levied, a assessed therepi, a that hereafta may bs levied w assessed ~pon this MatQ- age, or tM inefebtedness iecured hereby, e~ch and every. wF?en dve and p~y~ble, aawding to law. before they become delinq~eM, ~nd befwe any intereit ~ attaches w any penalty is incurred; AND INSOFAR AS ANY THERE )S Of RKORD THE SAME SHAtt BE PROMPitY SATISfIEO AlVD DISCHARGE~ OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS,, FO~ INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAILY ENDORSED OR CERTIFtFD) SHAIL BE PIACED IN THE HANDS OF SAID MORTGA(`sEE WITHIN TEN DAYS NEXT AfTER PAYMENT; a~d in the event that any thereof is not paid, saYSfied and discharged sa:d MORTGAGEE may at any tfms pay the same w sny pan thercof without w~ivinp or ~ffectiny •ny option, lien, eqviry or ~~qht under w by virtue of this mortgage snd the fuii amount of each snd every such payment shall be immediately due and psy~ble and shall besr interest ~•om the date thertof until paid at rate of nine per centum per annum and together with such intere~' tl red by e th:s rnor9taye. Dd ~vVV - °'^'-a' ~~~s ~ ss~