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HomeMy WebLinkAbout0317 . , 2395t3`7 THIS INDENTURE. Mads the 6th day of October _ n.c. 1972~ between Richard R. Baird and j-illian R. Baird, his wife of St . Luc ie County flor~d~, herei~after desgnated as the "A10RTGAGOR," and fIRST FEDERAL SAVINGS AhD IOAN ASSOCIATlON OF FORi PIERCE, s co~poralion organized and existing under the laws of the United Statas of America and Mving itt pri~cipai plsca of buiineu in ths City of Fwt Pierce, St. lucie Covnty, Florida, hereinaf~er designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is ivttly indebted to the MORTGAGEE in the sum of S 8~ 40~ . ~O , good and lawfui money of the Un~ted Srates advanceJ by the MOR7GAGEf unlo the MORIGAGOR, as evidenced by a ce~tain promisswy note of eve~ date herewith, of wh~ch the following in words and figures is a true copy, to-wit: 3 s 8,400.00 ~ 10018896 ; Port P~erce, Ffwcds, ~toDer 6 19 72 Fw value ?eceived, 1, we w either of us, promise to pay, without delalcation, to the order of FIRST FfDERA! SAVlNGS AND IOAN ASSOCIATION OF FORT PIERCE at fwt Pierce, Ftorida, the sum of s 8, 4~~ .0~ w;th inreres~ from date a? the rate of 7• 7~ per annum, in monthly insta~l- ments as fottows: S 69•~ on fhe 1St day of ~eember ,~972 and a ~ike sum on the cw~e:pon~l~ng day of each monlh there- after vntil the whole be fully paid. Eath installment first shall be applied in payment of tlx interest and then o~ the unpaid balance of the prindpal sum. If d ault is made in the payment of any iostallment when due, and such default continues 30 days, then at tbe option of the holder, and without any other notice, all the remaining ~nstallment~ shall be due and payable at once. Privilege is given to prepay thia note in whole or in part at any time witho~t penalty. Neither forebearante, nor acceptance by the holder thereof after any defa~lt in any payments hereon, shall be deemed exeens~o~. A late payment charge of S 3. 45 shall be added to eatF~ instatlment remainirg unpaid 7 days aiter its due date, and a fike sum sha!! be added to each such installment remaining unpaid y days after each aucceeding payment date. Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice o( protest for nonpayment, and further agrees to any extension of time of payment, either beFore or after maturity, without notice to any of us; and to pay all costs of collection, incl~d~ng a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution Tnd laws of each State of the United States, as against this obligation or any extension or ren.~wal he~eof. Wilneas the hand anc seal of each party. • S/R icha rd R. Bai rd ~Au (SEAL) S~' Lillian R.~ Baird (SEAU ~ $12 . 60 ~ State Revenue ~A~) X X4~0p4~C1flC0~rEWt7dOQ/d7t NOVV, THEREFORf, the MORTGAGOR fa fhe r se of securin ment of said sum of S 8~ 4O~ ~ W' Po 9 PaY ' and the performance of the covenants a~d agreements hereinafter expressed, and for divers good and valusbl! considerations, by these presents, does grant, baryain, sell, remise, release, convey and confirm unto the MORiGAGEE, its successors and assigns, all that certein lo?, piece a parcel of land, situste, lying, end being in the ~ounty of St . L uc i e and Srste of Fbrida, deacribed ~s follows: Lot 21 ~ Block 'F' HARP~NY HEIGHTS S[JBDIVISION, ~s per plat thereof on file in Plat Book 8, page 2~, of the public record of St. Lucie County, Florida. ~ d IN PRYHfTR ~ T~ R~~ r ~t:'A?SG{BLE ?r:'-:J1.,L PROPERI'1~ qIE ON CU?SS ~t-13a. AC1S OE lyl~.rn ~Y ~ ~~~j i0 C1W'' ~ Rfr~E Rj~s ~ CIR(~1 ~ STATE oF FLO R i[~ A_ 1 o= ° DOCUMENTARY~„~STAMP tnx ~ DEPT. Of f~EYfkUE ~r'` i ~ .rr ~ ~ PR ° G(.1 ~~'II : ~ Z. ~ 0 ~ ~ _iiioi `5....E , 6 _ - roqether w~th all and singular the tenements, hereditaments snd app~rlsnces tj?ereunto belorging or in anywise appertaining thereto, and all renri, isaues, p~oceeds and profits acuuing and to accrue from said premisrs, ali of which are included i~ the abovs and forefloing description ~nd habertdtim. TO HAVE AND TO HOID the above desvibed and granted p?emises unto the faid MORTGAGEE, its iuccessws and auigns forever. And tM uid MORTGAGOR {or their_____ executors, administrators and assigns, hereby covenants with the said MORTGAGEE, it~ tucceston ~nd ~u'~Qns, ttley are rhat lawfully seized of the »id premises in fee simple; that the tame are free, clear ~nd diuharged from all liens and encum- brances in law or in equity, snd that thev W~~~ their heirs ih~ll warra~f and defend the title to the sarrw fo ihe ~aid MORTGAGEE, its successors a~d assigns, fwever ag~inst the lawful claims snd demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shatl pay unto the AI{ORTGAGEE the promiuwy note hereinbefore dewibed snd ihsll truly, promptly ar+d fully perfo.m, d~scharge, execute, compkte, comply with and abide by esch and every the stipulations, a9reements, conditions and coven~ms of ~aid promiiswy note snd of this Mortgsge, then thii Mwtgage and the Eitste hereby aeated shall ce+se +nd be null and void. IT IS UNOERSTOOp tMt the word "Mortgagor" whether in the singular or ptursl anywhere in this Mortgsge, shall be sinpular if one ortly and shal! be plura! jointly snd ~everally if more than one, and that the w«d "their" a• uted anywl~ere in thn Matg~ge shall be taken to mean "hi~;' "hen;' or "its;' wF~erever the context w implie~ or ~dmits. Alw, that wherever there is s reference in the covenants snd agreements herein contained to eny oI rhe partiei hereto, fhe same iMit be construed to mean as well as tFre heir~, legal ~epresentatives, succeuws ~nd a~signs (eithe~ volu~tary by ~ct of th~ parties or involumary by opention of the law) of the iame and that the covena~ts herein contairxd shall bind and the benefits and advantsyes inurt to the respective heirs, legal representatives, succeuors and ass~gns of the partiet hereto. And said Mortgsgort, fw themsetves and their heirs, tegat representatives, successors and assiyns, he~eby piMly and seveislly covenant ~nd aprec +o and with the ssid MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal snd interest and the various and sundry s~ms of money payable by virtve of said promissory notc, ~nd thi~ matgage, each and every, promptly on the days rospectlvely the same severaity become due. 2. To p~y sIl and si~gulsr the taxes, sssessmentt, levies, liabilities, obligations and encumbrancet of every natu?e and kind now on s+id described prope?ty, w th~t hereafter may be imposed, suffc~ed, plsced, levied, w assessed thcreon, o~ tMt hereaiter may be levied w assessed upon this Mort~. age, or the indebtcdness secured hereby, each ~nd every, when due snd payabte, according to law, befwe tF~ey become delinquent, ~nd befwe any i~terest atteches w any penalty is incvrred; AND lNSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AYD DISCHARGED Of RECORD AND 7HE ORIGINAI OffICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISiACTION PAPER OFffCIAIIY ENDpRSEO OR CERTIf1ED) SHAII BE PtAGED IN THE HANDS OF $Alp MORTGAGEE WITHIN TEN DAYS NfXT AFTER VAYMEMT; and in the evem that any lFureof is nw paid, tat'sfied and d~scharged sa:d MORTGAGEE may at any t~me pay the same or any pah thereaf without vvaiving w affecting any option, lien, eqvity or •iQht u~der or by virtue of this morrgage and the full amount of each and eve?y such psyment shall be immed;ately due and payable and shall bear interest <<om rfx date thereof unNl paid at rate of nene pe~ centum per annum and toqether w~th such interest shall be securet! by th~ lien of th:s mwytaye. °;LK ?D~ 3i7 _ _ - _ ' u ":r _ _