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HomeMy WebLinkAbout1736 IV'.Z V V I ? TN~S INOENTURE. Made ~he 24 day of ~tObe~ A.D. 19 72 between / R. . ~f $t. Lucie ~anty florida, hereinafter desiynated as the "MORiGAGOR," and FIRST FEDERAI SAVINCS AND IOAN ASSOCIATION OF FORi PI~RCE, a corpwatlon organized and ex~s~~n9 ixdlr the lawa of. 1he Un~ted Statas of America and having its principal place of business in ~he City of Fort P~erce, S~. lucie County, Flwida, Ixreinahe~ designatcd as ?he "MORTGAGEE:' WHEREAS the MORTGAGOR ~s justly indebted to the MORTGAGEE in the sum of S 6~~~~~ - good and lawiul money of the Un:ted States advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory nole oi even date herew~th, of wh~ch the foilowing in words and figures is a true copy, to-wit: s 6,~.~ i,~,10018972 Fo.r P~~«e, fla~da, ~tober 24 ~y 72 For va!~e received, 1, we w ei~her of us, prom~se !o pay, without defalcar~on, to ~he orde~ of FIRST FEOERAL SAVING-S~ AND .OAN ASSOCIATION OF FORT PIERCE a1 Fort P~erce, florida, the sum of S-- 6~~~~~ _ w~~h u,te~es+ from dafe at ~he rate of7!7"~e per annum, in monthly install- •~~ents as foL'ows: S-`'~-~-'~ on the iSt day of _~Cesber 1972 and a Gke sum on the corrrspond~ng day of each•momh there- afrer ~nhl the whole be fully paid. Each installment tirst shall be appl~ed in paymenl of the interest and then o~ rhe unpa d ba~ance o1 • rincpal sum. If d ault is made in the ;,~ment of any installment when d~e, and such defautt coniinues 30 days, then at the opt~on of the holder, and w~~hout any other ~otice, aIl the remaining ,nstalt~nems shall be d~e and payable at once. Priwlege is g~ven to prepay this note in whole or in pa+t at any t~me without penal~y. Neither (orebearance, nor acce~tance by the holde• thereoi affrr any defau(t i~ any payments hereon. shall be deemed ex~ension. A late payment charge oi S2 • 8'S shall be a:idad to each iosta~iment remain~ny ~upa.d 7 days after its due date, and a like wm sha!I br addad ro each such instailmeat ~ema~ning unpaid 7 days after each succeeding payme~t date. Fach maker, surety and endorser hereof, jointly end severally, wa~ves de~nand, presentmenr protest and notice of protes~ for nonpayment, and further a3rees to any extens~on of nn,e of payment, either before or after matur~ty, w~thout no~~ce to any ot us: and to pay all costs of collection, inctud~ng a re-~sonable a~rarney's fee in thr event of any defau!t hereundrr, and hereby severally waires att benrfit of homeuead and exemption under the constitutan ,~~d laws of each Srate of the Uniied States. as against this obGgation or any extens~on or renewal hereof. Wirness the hand and seal of each party. . (SEAI) . (SEAI) (SEAU rgare er y ~ S 9'~ ) clate Revenue ~ R• tSA~~i=Aw~Qlid i~8t3aiaZ ?~i1ii NOW, THEREfORE, the MQRTGAGOR for the purpose of securing payment of satd sum of S 6•~~•~ and the perfwmsnce of ths covenants and agreements here+nafter expressed, and for d~vers good and valuable considerations, by theu presents, does g~ant, bargain, sell, temise, release, convey and con}i::n unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, situate, lying, and being in the County of $t . Lue ie and State of Florida, described es follows: Lot 12. Block B, of HARI~pNY HBIGHTS ADDITION S~DIVISION, as per plat thereof - on file in Plat Book 8, at page 38, of the Public Records of Saint Lucie County, Florida ? ~~~a• e` y>>. - - ~ ~~1 , . ~ i o, STATE ~F FLORID ~ .~::~~~F ~ i n= OOCUMENTARY,~~StAMP 1 Y. ( I r t,~,~v:t~~'~, ; °c=-~ 4 JEPI.UF REvftiUf ~ ~ t ~ L \N ~Y,'1 ~``\~~J~ a a~ ti'~ S F` C~` ~ ~ ~ p _ = ;l;:rz~ ~z~~~~ ~ 0 9. 0 1 ~t~'~c,` S*• t, al. ~ ~ sP n2~ ~ ~ ~ ~l~'-. ~ -J\(~C' ~ ~ rogether with all and singular the tenements, hereditaments snd appurtances thereunto belongirg or in snywise apperfainirg thtreto, and all rents, iuves, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in tke above and foregoing dewiption and Mbendum. C~3 TO HAVE AND TO HOLD the above described an~ granted premises unto the said MORTGAGEE, its successors and assiyns forever. And tFw said ~ MORTGAGOR fa -~e1Y----- heirs, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors and ~ui~ro, ~nar ---they_ar_e_ ~awfully seized of the said prem~ses in fee s~mpfe; that the same are free, clear snd diuharged from all liens ~nd encum- ~ brances in Isw w in equity, and that t~y will and thefr heirs shall wsrr~nT and defend the title to the same to th~ said MORTGAGEE, its successors and assgns, (wever againat the lawful clsims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefore dcscribed and shall truly, promptly 'y and fully perform, dfxharge, eaKUtl, cvmptefe, comply with and ab~de by each and every the stipulations, agreements, conditions and covtnanri of said ~ promissory note and of this Mortgage, then this Mwtgsge and the Estate hereby created thalF ceax and be nul: and void. ~ IT IS UNDERSTOOD ths? the word "Mortgagor" whether in the s~~gular or plural snywhere in this Mwtgsge, shsll be sinqular if one only and ~ shal~ be plural jointly ~nd ceverslly if more than one, snd that the word "their" as used anywhere in th~s Mortgsge shall be taken to mean "his;' "hen;' ~ or °its;' v~ne~ever the con±ext w implies or admits. Also, that wherevet there is • reference in the covenants and agreements herein tont~ined to any of ~ the parties hereto, the same shall be construed to mean as well ss the heirs, legal r~presentatives, tuccessws and assigns (eitha voluntary by act of the parties or invotuntary by operation of the law) of the same and that the covenants herein tontained shall bind ~nd the benefits and sdvantages inur~ ro the respective heirs, legsl repreuntatives, successors and ass'gns of the parties hereto. And said Mortgagors, for themselves and their heirs, lega! representatives, successors and sssigns, hereby jointly and severally covenant and agree ro and with the uid MORTGAGEE, its successors and assigns: 1. To pay sll and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each a~d every, promptly on 1he days respectively the same severally become due. ~ 2. To pay all +nd singular the taxes, assessmc~ts, levies, liabiiities, obligatio~s and encumbancet of every nature and kind now on ssid dewibed properry, or that hereafter may be imposed, suffcred, pl~ced, levied, or asseued thereon, w that hereafter msy be levied a a~seised vpo~ this Mott¢ age, w the indebtcdneu sccured hereby, each and every, when due and payable, xcording to law, before they become delinqucnt, ~nd befwe ~~y interes~ artaches w sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPTLY SATISfIEO AND DISCHARGED Of RECORD AND THE ORIGINAI ~FFICIAL ~OCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFftCIAIIY ENDORSEO OR CERTIfIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WI~HIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~ny thereof is not pa~d, sat'sfied a~d discharged sa'd MORTGAGEE may at any time pay ?he same w any part thereof without waiving or affecting any option, lien, equity or •iqht under or by virtue oi this rnortgage and the full amovnt of each and every such payment shall be immediately due and psysble and shall bear interes~ ~.om the date thereof until pa~d at rate of n~ne per centum per a~num and together w~th svch interest shall be secured by the lien of th:s morgtage. BGiK 2U ~ P,~GE ~ 1 e~~ r : ~ t'v~-"~ii' ~ ':~•r`" " ~ ~'"~rr~•~ _ 4 ~ ~ -.~t