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HomeMy WebLinkAbout1734 2~~s~s THIS INDENTURE. Msde the 13th day of October - A.~. ~9--7-2-. ~~W~^ Richarcl r1. Troyer and F:lizabeth Trover~ ~is wife of St • j.UCle County Florida, hereinafter designated as the "MORTGAGOR," ano FIRST FfDERAI SAVINGS AND IOAN ASSOCIATION OF fORi PIERCE, a corporat~on orgsnized and existing under Ihe laws of the United Statas of America and having it~ principal plate o( business in the City o1 Fort Pie~ca, St. lucie County, Flwids, hereipafter designa~ed as the "MORTGAGEE:' WHEREAS the MORTGAGOR ~s justly indebted to the MORTGAGEE in the sum of S 9~OQD~C~~ , good and lawful money of Ihe Un~~ed States ad~anced by the MORTGAGEE unto the MORTGAGOR, as evida~ued by a cerla~n promissory note of even date herewi~h, of wh;ch the foilowing in .+ords and figures is a true copy, to-wct: 1QQ1A9~6 s 9~~~~~00 ~ Fo?t Pierce, Ftwida, Octob~r 1~ 19_~._ Fw value received, 1, we or either of us. prom~se to pay, without defalcat~on, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT VIERCE at Fort Pierce, Florida, the s~m of S_-~p(~~n _ wirh interest irom date at the rate of _.~~°,6 per a~num, in ~no~thly insta~{- ~„rnts as fol:ows: 5---7-Q~QQ--- on the ~,5~- day of _ Deeember 19_7~_ and a like sum on the correspood~ng day of each moNh there- at~er unlil the whole be fvlly pa~d. Each i~stallment ff~st shall be app~~ed in payment of the interest and then on the unpa~d balance o( the prinvpai sum. If d ault is made in the ~ aymenl of any installment when due, and such default conrin~es 30 days, theo at the option of the holder, and without any otfier notice, all the remaining :~~stallments shail be due and payabie at once. Privilege is given to prepay this note in whole or in part at any t~me w~thout penalty. Neither forebearance, nor acceptance by the holder thereof aftrr any default in any payments hereon, shall be deeme~f ertension. A late paymem charge of E-~-r~a. shall be ~dded to each initaiimeN ~emaining unpa~d 7~ays af~er its due date, and a I~ke sum shall be added to each su~h installme~t remaining unpaid 7 days after each succeeding paymem date. Each maker, surery and endorser hereof, jointty and severally, waives demand, pre:ent~nent protesr and notice of protes~ for non~ayment, and further a jrees to any extension of hme of payment, either before oi after matunty, without notice to any of ~s; and to pay all costs of cotlection, includ:ng s rr,sonable atromey's fee in the event oi any default hereunder, end hereby severally wai~es al~ benefit of homestead and exemption undet the cw+stitution ~:~d laws of each State of the United States, as against this obligation,o~ any eatension or rene~val hereof. Witness the hand and seal oi each party. ' ~ir}yarri a ~ TrA~roY (SEAI) (SEAL) s/ Elizabeth A. ~ Trover (SEAL) (SEAI) 13 ~ SD ) State Revenve (SAiI~~-di~RA~ i~A~~3i ~itA ' NO'JV, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s 9~~~' ~ , and the performance of the covrnants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does gront, bargain, sell, remise, r~!ease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the Counry of St . Luc ie and State of Florida, desvibed as follows: South 1/2 of Lots 10 and 11~ Block l~ tVhite City Estates, as per plat thel+ec,l~f on file in Plat F3ook 9, page 48, Public Records of St. I.ucie County Florida~ . . . . . ~QP.(~`~ Yt~~~~. 1 ~ ' , cTATE F FLORiD~ s~`~ ~S°E o ti i r~- ~ OC~CUMENTARY~''-`=:t,ST1aMP iA ~ 1~ ~~G~O~~ ~ nS ~'t i " 1 o~ ~ , ti` ~E- ` _ ro,_ Ui NEYENUE : z~ ~ a .0~ ~.v ~ . ~ ~ ` tF'~~ ~ ' G ; " 5 0 1 ~`s c c_ ; r~ o = I 3. ~~G,.,~ ~ _ ~~~oz _ - ~ d~ ~ o ~`e:~ ~ J~_~ V~ together with all and singular the tenements, herediramenU and appurtsnces thereunto belonging or in snywise appertaining t!xreto, and •II rents, issues, proceeds and profits accruing and to accrue irom said ptemises, all of which are included in the above snd foregoirg dcwiption and habendum. TO HAVE AND TO HOLD the above described and granted premises unto the ssid MORTGAGEE, its successon ~nd ~ssigns forever. Md tFw said ~ MORTGAGOR for -tbBlY------ heirs, executws, administrators and assigns, hereby covenanls with the said MORTGAGEE, its svccesson ~nd ~uipn~, ~ rhat -tbF-'~-~-e--- lawfully seized of the said premises in fee simple; that the same are free, clesr and discharged f~om all I'~ens and entum- brances in law or in equity, and that ~1L'3~- will and thei r heirs shall w~rrant and defend the title to the iame to the said ~ MORTGAGEE, its successors and assigns, forever against the lawful claims and dcmands of all persons; ~ PROVIDED, ALWAYS that if the N10RTGAGOR shsll pay unto the MORTGAGEE the promisswy note hereinbefore described and shall truly, promptly " and fully perform, d~xharge, execute, complete, comply with and abide by each and e~ery the stipulations, agreements, condi~ions and covenants of ~~id ~ prom~ssory note and of this Mortgage, then thls Mortgage and the Estate hereby created shall cesu and be null and void. ~y IT IS UNDERSTOOD that the word "Mortgagor" whethe? in the singular or plural snywhere in this Mwtgage, shsll be singular if wie only and ~ shall be plural jointly and severally if mwe tMn one, and that the word "thei?" as uied snywhere in this Mortgsge shall be taken to mean "hii" "hen," or "its;' whe~ever the context so implies or admits. Also, that wherever there is s reference in the covenants and sgreemenri herein contained to any of ~ rhe parties hereto, the same shall be construed to mean as well ai the heirs, legal representatives, successas and assigns (either voluntary by atl of the ~ parties or involuntary by operation of the law) o( the same and that the covenants herein contained shall bind and the btnefits snd advantsges inure ro the respective heiri, legsl representatives, successors and ass~gns of the parties hereto. And said Mortgsgors, fo~ themselves and their heirs, legal representatives, successors snd assigns, hereby jointty and severally covensnt and ayree ~ to and with the uid MORTGAGEE, its successors and assigns: 1. To pay all and singulsr the prirxipal snd interest and the various and sundry s~ms of money payable by virtue of said promissory note, •nd this mortgsge, each and every, promptly on the days respectively the same severally become due. 2. To pay ell and ~ingulaz the taaes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind now on said desuibed property, or that hereafter may be imposed, suffeted, plated, levied, or auessed thereon, o~ that hereafter may be levied or uiessed upon this Mort9- age, or the indebtcdness secured hereby, each and eve?y, when due and payable, xcording to law, befwe they become delinquent, and befae any interest a!taches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SNAII BE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND TME ORIGIIvAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thsreof is no? , a~d, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecfing any option, lien, eq~ity w •~aht under or by virtue of this mo~tgage and the f~ll amount of each and every such payment shall be immediately due and payable and shall besr interest <<om the date thereof until paid at rate of n~ne per centum per annum and together w~th such interest shall be secured by the lien of th:s morgtage. 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