HomeMy WebLinkAbout1565 ;c:s~:~~~ _ 4
THIS INDENTURE. ~n.d. ~n~ 19th d,y at ~ Sgptembe r 72
_ Laura B. Hancock, a single adult t9_~.. ~en~.e~
, ~ .
of St. Lucie County Ftorida, Mreinailet desgnated ss the "MORTGA R;' and fIRST FEDERAt SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, ~ corpwation wg~nized and ex~sting unde~ the lawt of ihe Un~ted Sqt~s of Ameriw and t~winp 3u ~rincipal pl~cs of
busineu in fhs City of Fat Piace, St. lucis Counry, Ffwid+, hereinaft~r deiignafed ss ~hs "MORTGAGEE.^
WHEREAS fhe MORTGAGOR ia 'rystly indebted to ths MORTGAGEE in ths sum of ; 17 ~6~'~ , good ~nd lawful money of the Unlted
S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promisso+y note oi even dsts herewith, of yvh~ch !he followinp i~
words and fguref is a frvs copy. lo-wit:
s 17.600.00 ~ ~ 10018835
Fort Pierce, florida, September I9 ~ 19 72
For value received, 1, we o~ either of us, p~om~se to psy, without defalcation, to ~he order of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF
fORT PIERCE at Fwt Pierce, Florida, ~he sum of : 17s6~.00 w;th intere:t from date at the rate of 7•7~ per annum, in monthty instaN-
ments as foltows: = 1'45•~ on the 2St ~y of IVOVQIDb@t ~ ~q 72 and a like sum on the cwresponding day of each mon?h there-
after until the whole be fuNy paid.
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Each installment first shall be applled in payment of the interest and then on the unpa:d balance of the princ~pal sum. If d ault is mad~ in the
~;ayme~? of any installment when due, and such default continues 30 days, then st the opti~n of the halde?, and without any other notice, atl tht remaining
~nstaltments shatt be due and payabfe at once. P~ivi~ege is 9iven to prepay fhis note in whole or in part at any time without pe~.alty. Neither fwebearance,
no. acceptance by the holder thereof after any defa~lt in any payments hereon, shall be dcemed extens~on. A late payment charge of = 7• 2S , shall be
added to each instaflmen~ remaining unpa~d 7 days after its due da1e, and a like sum shall be added to each such instatlment remaining unpaid T days after
each succeeding payment date.
Each maker, surety a~rd endorser he?eoi, jointly and severally, waives demand, p~esentment protest and notice of protest for nonpaymenL and further 1
agrees to any exteni~on of time of payment, either before w afte~ maturity, without notice to any of us; and to pay all costs of collectio~, including a
reasonable attorney's fee in the evem of any default hereundar, and hereby severally waives aN benefet of homestead and exemption under the tonstituYron ?
a~d laws of each State of the United States, as against this obligation or any extension or renewal hereof,
Wit~ess the hand and seal of each party_
S/Laura B. Hancock. a single ~aiy
adult ~A~
~aU
( ~ 26 • 40 ~ State Revmue ~u
(lG~i~K~falQiArilpAC l~~ifyl~iiQG~t
NOW, THEREFORE, the MORTGAGOR fw tlu r ng pay, 17 6~
pu pose of tecuri -nem of said sum of S ~ , and ?he performance of ths
covenants and agreements here;nafter expressed, and fw d~vers good and vsluable considerations, by these preunts, does g~ant, bar9ain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and auigns, atl that cenain lot, picce or parcel of land, situate, fying, and beit+g in the
Covnty of St • LIIC 1fE and Stste of Ftorida, described fotlows:
L.ots 14 and 15, Block 1, NWRAVILLA COURT, as recorded
3n Plat Book 5, page 39, of the public records of St. ;
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Lucie County, Florida.
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~o p ~~0. RECE~YED 3~`~ l '.x~'~ P~YERt`I,
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j rogether with a!! and singular the tenements, bereditaments and ~ppurboces thereunto belonging or in anywise appertainirg ihereb, and ~II renta, iuues,
i proceeds and profits accruirg and to acuue from said premises, all of which are included in the ~bovs and faa9oioy deuription' and habendum. -
~ TO HAVE AND TO HOLD the above described and granted p?emises unto the said MORTGAGEE, its succeuors a~d ~ssigns forever. Md t!N said
' MORTGAGOR for her______ ~~n, executas, administrators and assigns, hercby covena~b with fhe s~id MORiGAGEE, et~ wttesson and usipro,
~hat 5}le_1S ~awfully seized of the said premises in fee simp!e; that tFN same are f~ee, clcar and disch~rped from ~II licns and encwn-
brances in law or in equity, ~nd that S~1Q M,~+~ s~ her hein shsll warrant and defend the title to tFw same to th~ said
MORTGAGEE, its successws and sssigns, forever ~gainat the lawful tlaims and dcm~nds of sll persons;
PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisaory note F~ereinbefwe dewibed ~nd ~hall truly, promptty
and fully perform, dixF~arge, execute, compkte, comply with and abide by each and every the sfipulstions, agreements, condi~ions ~nd cove~snn of s~id
promissory ~ote and of this Mwtgsge, tfien this Mat9age and the E~tate hereby acated thall ceate and be null ~nd void.
IT IS UNDERSTOOp that the wwd "Mortgagoi' wFxther in the singular w plura) anywhere in this ARortg~Qe, shall tx singvlar if one only and
shall be plurat jointly and severally if more than one, and that the wwd "their" as used anywherc in tha Mortgage ahall be taken to mean "his;' "hers;'
or "ifs," wherever tF~e context w implies a admits. Also, that wherever there is a reference in the cove~ants ind agreement~ herein coMained to ~ny of
rhe parties hereto, the same shall be construed to mean as well si the F~eirs, legal representetivet, successors snd as~igns (eitF~er voluntary by sp of the
parties or involuntary by operation of the law) of the eame and that tbe covenams he~ein contairxd shall bind snd fhs benefiri and adwnf~yes inwt
i to the respective heirs, legal repreuntatives, successors snd su~gns of the partiei hereto.
And said Mortgsgors, fw themselves and their heirs, iegal representatives, successws and assig~a, hereby jointly a~d severally covenant •nd ~y~ee
ro and with the said MORiGAGEE, its successors and ~ugns:
1. to pay all and sirrgular the principa! and infe~est and t!x variwn and sundry sums of mo~ey payable by virtue of uid promiuory note, and this
matgsge, exh and every, promptly on the d+ys respectively the same severally become dve.
2. To pay all ~nd sirgular the taxes, assessmemi, levies, lisbilit~es, oblgatiw» and erxumbrances of every n~ture ~nd kind now on said described
properry, or that heresfter may be imposed, suffered, placed, kvied, or ~stessed therewi, a tha! here~ftd may be levied w essessed ~po~ this Morf~-
age, or the indebtedness secured hereby, each and every, when due and payable, sccording ~o law, before they becoms delinquent, ~nd befwe any int~rest
atraches w any penatty is i~t~rred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAtI BE PROMPTtY SATISftfO AND DISCHARGED OF
RECORD AND TNE ORIGINAL OFFIt1A1 pOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAi15FACTION PAPER OFFfC1AlLY ENDORSED ~
OR CERTIfIED) SHAII BE PLACED IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not i
paid, sat'sfied snd discharged sa:d MOkTGAGEE may at any time pay ~he same a any pan the~eof without waiving or affecting sny option, lien, equity p
, •~qht under or by virtue of th~s mor~gage and the full amount of each and every such payment shall be immed~ately due and paysbk and shall bear inte~est
I ~r~ the date thereof until paid at rate of nine pet centum per annum •nd together w~th such i~ttreit shall be ucuted by ihe tien of rh:t mo~gtaye.
~ _ _ ~ 2Q~ ~IS~ ~
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