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HomeMy WebLinkAbout2689 23911~ ~ THIS INDENTURE, Mads the 15Lf1 d~y of Sentember , A.D. 19~'b~twei~ _ James A. Fox and l.ila W. Fox~ his wife of $t. LuCiQ ~ Cou~ry Flwid+, hereinaftsr designated ~s the "MORTGAGpR;' and itRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF FORi PIERGE, a corporation organized and exisr;ng unde? 1M Ia~A Of 1h~ Uni~~d Stat~a of M~cric~ and Mving iti principai pl+cs of b~s~ness ie th~ Ciry of Fw1 Pierce, St. luca County, Florida, hereinafte? deiignat~d 'ai t}» "MORTGAGEE." WHEREAS the MORiGAGOR is j~stly indebted to tM MORiGAGEE in the sum of = 26 good and iawful mon~y of the Un~ted Siaies advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certaio promissory note of eve~ date herewiih, of which the following in ~ords and figures is s true copy, to-wit: i 26~500.00 ~,~,10018828 ~n P:~.~.. Fio.~. ' ~Ptember 15 , ~v 72 For vatue received, 1, we o~ ~ilher of us, prom~se to pay, without defalcat~on, to the order of FIRST iEDfRA! SAVINGS AND IOAN ASSOCIATION OF 'rORT PIERCE at Fon Pierce, Florida, the sum of 526+~~ w~th interast from date at the ~ate of ?!7~ per annum, in monthly install- -~,e~ts as io~lows: S 218.0~ 1S't day of November ~q 7? nnd a like sum on the cwre:ponding day of each month thcre- ~ aii~r until Ihe whol~ be fully paid. , Each in:tal~~nent first :hall be applied in payment of the i~terest and then on the unpaid balance of Ihe print~pal sum, If d ault is made i~ the E.e;~nent of any insta~lment when due, and such defa~lt continues 30 days, then at the option of the ho~dcr, and without any other notice, all the remaining n:tallmenb shail be due and payable at once. Privilege is given fo {xepay this note in whole w in part st any time without penalty. Neither forelxarance, nor acceptance by ~he holder thereof after any default in any paymznts hereon, shall be dremed extension. A late payme~? charge of Zf 0.90sha11 be ~d~~d to each instaltment remaining unpa~d 7 days after its due date, and a like sum shall be added to each ~uch installment remaining unpaid 7 dayt after ea:h sutceeding payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentme~t protest and notice of protest fw nonpayment, and ~unher t- a3rees to any eztensan of time of payment, either before or after maturity, without not~ce fo an~ oi us; and to pay al! cos?s oi collection, including a , _+son~ble attwrtey`s fee in ehe evenl of any default hereunder, and hereby severally waivcs all benefit of homestead and exemption under the constitutan ,,d laws of each State of the United States, as against this o6ligation a any extension or renewal hereof. , Witness the hand and seal of each party. (SEAI) s James A. Fox ~ cseAu s Li 1 a I~i . Fox ~~u _ $39.75 ) State Revenue , iS+e~,ps--o~nc~llai~«?-s~isiwa~+~«~3 NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring payme~t of said sum of = 26 +5~ , a~d ~he pe?formance of tM ` covenants +nd agreements here~nafter expressed. and for d~vers good and valuab~e considerat~o~s, by theu presents, does grant, bargain, sell, remise, re:ease, convey and confirm unto the MORTGAGEE, its succeuoa and auigns, alt that certain lot, piece o~ pa~ce! of iand, situate, lying, and being in tM Ccunty of $t. Lucie end State of florids, dewibed ~s foltaws: ' Lot S, B2ock 2, Orange Blossom Estates, as per plat thereof on file in Plat Book 11, page 6, of the Public Records of St. Lucie County, Florida, ' ~ STATE oF FLORlDA ~ ~ DOCUMENTARY..~c„~,STAMP it,Y ~ °c; ~ UEPT.OF REYENUE • ' ' ~ s ° _ P~_vi.i-.~ ~ ~O OO' ~ ~ t11Q~ L `G'~~~ ' 0 .........c~ . o ` -r~Z 3 6. 0 0 1 ~ . . . . o~ STATE a~ ~ L..O R I D A~ °0E iNrurs ~~""pR ~~s ~ DOCUMFNIARY~.;~STAMP TA>. ~ ~~r TO p~R PRO?fRry~ - c-+ ~ DEPI.OF (tEYENUE ~s~t~ ` ~ ~ ~r~~s ~ 2~)1. c y~ ~Q a=~t - Ol:i -~'12 r' ~ 0 2. 7 5 1 cn~a„r aa,~r. s~. u,c~ c~~ F,,~, ~r _ ~r~ot : ~ ~ 0 +ogether with all and singvlar the tenements, hereditamenri ~nd sppurt~nces thereunto belonging w in anywise appcrtsining fhe?eto, ~nd atl renb, issues, proceeds and prof~ts accruing and to accrue from said premises, sll of which are included in the above and faegoing descripYwn and habendvm. TO HAVE AN~ TO HOlO the above dcstribed and qranted premius unto the said MORTGAGEE, its svtcessors and +ssigns fwever. Md tM ~aid t~l@1Z MORTGAGOR fw hein, e:ecutas, adm;nistntors and assigns, Ikreby coven+nts with the s~id MORTGAGEE, ib succeswrs and assqm, the are _ ~,wf„i~ ,~;:ed of ~tK ~~d rhar Y----- Y premises in fee simple: that the s~me are free, ctear and discharged fraen all liens ~nd encum- brantes in law or in equity, and that they W~~~ a~ their hein shall warranf ~nd defend the title to the same to th~ ~id MORTGAGEE, iti succeuors and augns, fo~ever against the lawfil claims and demands of ~II perswu; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promissory rate hereinbefae desaibed and sMll fruly, promptly and fully perform, dlxharge, exKVte, complete, tomply with and sbide by each and every the stipulations, agreements, conditions ~nd tovenanh of Nid prom~sswy noie and of thit Mortgsge, then this Mwtgsge and the Estate hereby ueated shall cease ~nd be nu(( and void. IT IS UNDERSTOOD that the wad "Mortgsyw" whether in ~he s~ngulsr or plu~al anywhere i~ this Mwtg~ge, shdl be sinpvlar i~ one only and shall be plural joinrly and severally if more t?un one, and thst the wud "their" ~s used ~nywhere in this Mort9~ge sMll be take~ to me~n "hq; "'hen;' o. "its," wherever the conteat w implies w admits. Also, that wherevcr there is s reference in the covenants and agraements herein conuined to any of fhe psnies hereto, the same shall be construed tq mesn as well ~s the he+n, leys~ ?tpreseMatives, successors and assiyns (eithet volunt~ry by atl of the pa.ties w involuntary by opention of the law) of the same snd that the covenants herein contained sh~ll bind and the be~efits and advantsyet irwn +o the respective heirs, Iegd representatives, successori and au'gns of the p~Aies hereto_ And :aid Mortgagors, for themulves snd tixir F~ei~s, tegal represeM~tives, successors ~nd sssigns, hcteby jointly ~nd xveralty covenant •nd ayree ro and with tF~e said MORiGAGEE, its successors and assigns: 1. 7o pay all and singular ti~e principal and inte~est snd the various and iundry sums of money p~yable by vihue of said promissory note, +nd this mongsge, exh ~nd every, promptly on the dsys respectively the same severatly become dua. - 2. To p~y all ~nd singular the taxes, asussmcnts, levies, tiabiliries, oWigatio~s a~d encumbnncd of every natv~e snd kind now on said described property, a tlwt Ixreafter rn~y be imposed, suffered, plxed, levied, a ~ueued therco~, or tF+~t here~fter may be levied or assessed vpon this Mort¢ age, w the indebteslneu securcd hereby, each snd every, whe~ d~e s~d psyable, xcwdinp to law, befae ti+ey becoms delinquent, and befwe ~~y int~rest atrachea or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGED OF RECORD AN~ tHE ORIGINAL OFfIC1At DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSED OR CERTIf1ED) SHAII BE PlACEO IN THE HANDS OF SAIp MORTGAGEE WiTHIN TEN OAYS NEXi AFTER PAYMfNT; and in the event f!?at sny thcreof is not pa~d, sat'sf7ed and dischsrgcd sa:d MORTGAGEE may at any time pay the same or s~y part thereof witho~t waiving or affecting any option, lien, equity p •~aht under or by virtue of this mortgsge ~nd +he full amount of each and every s~ch payment shsll be immediately due snd p~yable and sMall besr inrerest <<om the date thereof un~il paid ar r~te of nine per ce~tum pei ennum and togetha w~th such interest s II by the~erjo~rh:s moryts~e. C' cO~~U~ i',li,E U 5 ~ _ - ~ ~ ~ ' fi y . . . 2~u_37~~