HomeMy WebLinkAbout1418 23~302 i ~ ~ , 'f
THIS ItJDENTURE. Mad~ the 15th ~y of September ~ A.~. 19
72 between
- James C. Weeks and DTa~r~e~~~, ~~'eTks~ his wif~
~F St. L11C1@ ~p~~~y Fiwid~, hereinaitK dtsigiuted +s the "MORTGAGOR;' and FIRST FEQERAI SAVINGS AND IOAN
ASSpC1qTION OF FORT PIERCE, a co~paation «y~nized ~nd eaii~in9 under th~ laws of 1M United Sut~s of America and havinp ia principat plac~ of
buun~ss ie tF~ City of Wrt Piac~. St. tucie Counry. Florida. hereinafter daiynated tM "MQ 4~ SOQ . DO
WHEREAS tM MORTGAGOR is jusrly indebred ro tM MORTGAGEE in the sum of = 1 , good a~d lawful money of the United
Srates advarxed by the MORTGAGEE unto the MORTGAGOR, as evidenced by a c~rtain promiasory r?o~s of even date herewitF, of wh~ch ths followinp in
wordi and fiqu~ei is a trus copy, to-wit: ~]~p018829
= 14,800.00
Fon Pierce. Fio.cda, _ September' 15 ~y 72
fw value rsceived, I, we a either of us, promise to y without defalcation, to the order of FIRST FEOERAI SAVINGS ANd LOAN ASSOCIATIUN OF
FORT PIERCE at fort Pierce, Florida, the sum of s 14 w;th intcres~ irom date a1 the rate of 7• 7~f, pe~ a~num, in monthly instal{-~
ments as foltows: = 122.U0 ISL dsy of Janua=y 19 73 and a like sum on the cwrespondinp diy of each month thcrr
after until the whole be fully p~id.
Each instatlment first shall be applied in payment of the inreres? and then on the unpaid balance of the princ(pal wm. If d ault is made in the
payment of any installme~t when due, and such default continues 30 days, then at the opti~n of the holder, and without any other notice, all the remaining
~nstallments shall be due and payable a? once. Privilege is grven to prepay this r?ote in whote or in part at any time without penatty. NeitFKr forebea~a~ce,
nor acceptance by the holder thereof after any default in a~y payments herron, sha!! be deem~d extens;on. A late payment charge of s 6• 1O sMll be
added to each in3tallment remaining ~np~~d 7 days after its due date, and a like sum shall be added to each such installment remsining unpaid 7 days sfter
each succeeding paymeN dafe.
Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and no~ice of protest fw nonpayment, and further
agreea to any extensan of time of payment, either before w after maturity, without notice to any of us; artd to pay all costs of collection, i~tluding a
reaionable attorney's fee in the event of any default hereunder, and hereby xverally waives all benelit of homeatead and exemption under the constiwtion
and laws oi each State of rfie United States, as agalnst this obliga?ion w sny extenseon or renewal hereof.
Witruas the hsnd and seal of each party.
(SEAI)
s/James C. Weeks ~~U
s/Darlene G. Weeks ~U
~ 522.20 ) Srate Revenue ~u
(6te.++p~ eaeeeNed ~on ~origw~al-nae)
1~
NOW, THEREfORE, the MORTGAGOR fw the pvrpose of secvring paymcnt of said sum of s ~ • ae+d the perfwmance of ths
coven~nts u~d ~greemenq hereinafter e:pressed, and fw divers good and valuable conside~ations, by thex presents, doea grant, bsrgai~, sell, remiu,
release, convey a~d tonfirm unfo the MORTGAGEE, its succeuors a~d ~uigns, all thal cerlain bt, piece or parce) of la~d, tituate, lying, and being in ihe
County of St . Luc ie and State of Flwid~, described ~s follows: ~
UNIT FOiJR
Lot 10, Block 37, INDIAN RIVER ESTAT~S,/ as per plat thereof on
file in Plat Book 10, page 49, of the public record~ of St.
Lucie County, Florida,
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Ar~ PROPfR~Y~
RECE1~fED .C INTIWG~B~
ER 71-134. ACiS OF 11111.
p~: ON ~
p~:~S~yJlT TO p~ITRA•',
CLfRK ClRWR ~RT• S(. ~~E Fu
together with all and singutar the teneme~ts, hereditament: and sppvnances therew~to belaging or in inywise appert~ininy thereto, and all rents, issues,
proceeds ~~d profits acuuing snd ro acaue from said premises, all of wFi~ are irxluded ih the above ~nd foregoing deacription ~nd F?~bendum.
TO HAVE AN~heio~o rhe ~bove desvibed ~nd granted premises unto the said MORTGAGEE, its successors and ~uiyns forever. Md tM s+id
MORTGAGOR fa hein, executws, administrators and asigns, hereby tovena~ts with the said MORTGAGEE, iri wccesson ~nd ~uiym,
that they a re _ ~aWfully seized of the ssid premises in fee simple; tFuf tf~e s~me are free, ckar ~nd discFurged from ~11 lierq ~nd ~ncurtr
brances in law or i~ equity, and thst they a~ their heirs shall warrant end defend the title to the same to ths s+id
MORTGAGEE, its svcceswrs and assigns, fwever againsf the lawful claims ~nd demands of ~II persons;
PROVIDED, ALWAYS thst if the NIORTGAGOR shall pay unto the MORTCaAGEE the promiuwy note he~einbefote described snd ahall truly, promptly
and fully perform, dischsrge, execute, complete, comply with and abide by each and every the stipulations, a9rcemeMS, COf~itiOnf ~r~ Cpvenanft Of NKI
promiuory note a~d of this Mortgage, t}+en this Mo~tgage and the Estate hereby vested shalt cess~ and be null and void.
IT IS UNDERSTOOD tF~at t1ro wwd "Nbrtgagw" whether in the singulsr or plural snywhere in thK Nlortgage, thall be sinpular if one only and
ihsll be ptursl joimly and ~everally if more than ons. ~nd that the wwd "their" as used snywhere in this Mortgage th~ll be taken to me~n "his;
•„hen
w"its;' wherevev the contex~ so implies w admir:. Also, that whereve~ theie is a refeierxe in the cove~ants and ~greementa herein contained to any oi
rhe ps.ties hereto, the same shall be construed to_ mean as well ai the hei~s, legal ~epresentatives, successors a~d auigns (either voluntary by ~ct of tM
psrties a involuntary by operatan of the law) of the same and that the covenants Ixrei~ co~qined shell bind and the benefFts and ~dv~ntaQes inu?~
ro the respenive heirs, kgsl repreaent~tives, successors and asvgns of the p~nies Fx~eto.
Md said Mortgsgors, fw themselres and their heirs, legal representativa, svttesiwf ~nd ~uigns, hereby jointly ~nd severally coven~nt and ayree
to ~~d with the s~id MORTGAGEE, its succes?ors ~nd augns:
1. To pay ~II and sinpular the princip~l and interest and the vsriovs snd suodry sums of money payable by virtue of said promissoiy npts, ~nd this
mortyaqe, each and every, p+omptly on the days respectively the same sever~lly become due.
2. To psy ~11 snd singular the taxd. ~ssessmenb, levies, liabilities, obligations snd encumbrances of eve?y nature +nd kind now on said descrik»d
property, or that hereafter may be imposed, iuffered, placed, levied, or ~ssessed thereo~, or tMt hereafter may be ;rvied w usessed ~pon this A4orty-
aye. a the indebtednea secvred he~eby, each and every, wlxn due snd payable, accord;ng to Isw, before they becane.delioquem, and befw~ any int~ret~
attaches or s~y penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SA/ME SHAII BE PROMPTLY $ATISf1E0 AND DISCHARGED OF
RECORD AND THE ORIGINAI OffICIAt DOCUMENT (SUCH A5, FOR INSTANCE, THE 1AX RECEIFi OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSED
OR CERTIf1ED) SNAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; ~nd in the event thst any thereof it rwt
paid, sat'~fied and dixharged sa:d MORTGAGEF inay at any time psy the ssme o~ any part tF~ereof without waiving or al/ettiny any option, lien, equify or
•ipht ~nder or by virtue of this rtartgage and the full amount of escl~ and every such payment shall be immediately due and psyable +nd shall besr interest
<<om the date thereof until paid at ~ate of nine per centum pe~ annum snd toyefher w~th such interest s O 1~ red by the lien of th;s morgtaye.
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