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HomeMy WebLinkAbout2035 , 2~0'785 THIS INDENTURE, Msde the 16 t h day of OC tObr r A.D. 19 72-. be~ween n~ ~ O. C. Thom~~son anc~ t~icitle Thomnson, his wifc~ of SL• I•uC le ~W~~y florida, hereinafter designated ss the "MORTGAGOR;' and FIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, s corporat~on organized and ex~sting unde~ the laws of the Un~ted Statai of America and having iu principsl placs of businets in 1hs City of Fort Pierce, St. lucia County, Florida, hereinaftcr des~gnated as the "MORTGAGEE:' 13 s 2O0 •`10 , ood and lawful mone ot the UNted WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S - 9 Y S~ates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~n promiuory note of even date herewith, of wh~ch the following in ~ words and figures is a t~ue copy, tcwit: s 13,200.00 ~ 10018945 Fort Pierce, Flwida, nctober I6 19 72 For value received, 1, we or either of us, prom~se to pay, without defatcation, to Ihe order of FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATIOY OP ~ fORT PIERCE a1 Fwt Pierce, Ftorida, the sum of s 13 ~ 2~~ with interest irom date at the rate of 7~ pe• an~u:n, in monthly install- ~ ~~~ents as (ol!ows: Z_ 1~Q on the lSt day of ~ember _ ~9??_ and a like sum on the corre~pond~ng day of earh month there- afier until the whole be fu~ly paid. Each install~nent first shall be appli~d in payment of the interest and then on the unpaid batance of the principal sum. If d ault is made in the ~ay~nent of any installment when due, and such default continues 30 days, then at the option of the holde~. and withou~ any other notice, all the remaining ~nstallments shail be due and payable at once. Privilege is given to prepay this note in whole' or in part at any time without penalfy. Neither forebearaote, no~ acceptance by the holder thereof after any default in any payments hereon, shatl be deemed exte~sion. A late payment charge of s 5' ~ S, shall be ad~ed to each installment remaining unpa~d 7 days after ita due date, and a iike sum shall be addcd to each such installment remaining unpaid 7 days a(ter each succeeding paymenl dare. Each maker, surety and endarser hereof, jointty and severally, wa~ves demand, presentment protest and notice of protest for nonpayment, and further ' agrees fo any extensio~ of t~~ne of payment, either before or after maturity, without not~te to am~ of us; and to pay all costs of tollection, includ:ng a .easonable atrorney's fee in the even~ of any defautt hereundrr, and hereby severally waives all benefit of homestead and exemption under the conslitution ~ and laws of each State of ihe United States, as against this obGgation o~ any e:tension or renewal hereof. ~ Witness the hand and seal of each party. (SEAI) , s/ O. C. Thomnson ~A~~ ~ (SEAI) s Luc il le ThomPson ~5~~, ` ~ 119 .80 1 State Revenue ~ (Lra~np? eaweeHed ~n e?igir+al-rw~e) NOW, THEREfORE, 1he MORTGAGOR for the purpose of secvring psyment of said sum of : 13 ~ 2~n .O~ and the perfwmance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by thex presenls, dces grant, bargain, sell, remise, ,''t release, convey and confirm unto the MORTGAGEE, its succeswrs and assi9ns, all that certain 101, piece or parce~ of land, situate, lying, and being in 1he County of S t. LUC 1 P and State of Florida, desa~bed as follows: Lot 8, Rlock 2, of thc~ RE PLAT ON SUI~ISFT PARK SiIE3DIVISION, as ner nl~t thc~rc~of on file in Plat Book 11, nage 28, of the oublic recorc~s o£ St. Lucie County,. Florida, . I ~ ~ s ~ A ~ : Fl..C~ ~2I ~ ~ D ~ ~ ~ DO - _ N~ i S TA M P t A> ~ RECENFD Z+~~-~- ~ IK PA~1MEJfT ~ T11~S r° = R~ ocrt~~2 ~ ~ ~ ovE on qus '~c' t~r M C i e~ ~ v~n. ~ Q_ ~~~o: 1 a~ 0 ~ PURSUANI TO CF1AYiER 71-134. ~ aF ~y~l. ~ ~ eoc~ ~ ~ CI.EltK CiRCU1T C01lRL ~j• ltlClE 00., fUl , rogethe~ with ~II and singular the fenements, hereditaments and app~rtances therevnto belonging or in anywise appert~ining 1F~erelo, and all rent~, isiuts, proceeds and profits atcruing and to accrue from said premises, all of whrch are included in the above and foregoing dexription and habendum. TO HAVE AND O HOID the above desuibed snd grsnted premises unto the uid MORTGAGEE, its succesw~s a~d aisigns forever.. Md th~ said t;ie i r MORTGAGOR for ~~~s, ezecutors, administrators and assigns, hereby covenants with the said MORTGAGEE, iti successwi and auigru, thp a re ~hat - -Y------- lawfully seized of the said premises in fee simple; that the same are free, clear and dixharged from ~II lieni +nd encvrt?~ brances in law o? in equ~ty, and that thPy will and their heirs shall warrant and defend the title to the same fo the Nid MORTGAGEE, its successors a~d assigns, fwever agai~st the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shalf psy unto the MORTGAGEE the promiuory note herei~befwe described and shall truty, p?omptly ~ and fully perform, dlscharge, execute, complete, comply with and ab~de by each and every the stipulations, sgreements, conditions and covenanri of s~id ~ prom~sswy ~ote and of this Mortgage, then this Mortgage and the Estate hereby veated shall cease and bc null and void. ~ IT i5 UNDERSTOOD that the word "Mortgsgot" wFr_thcr in ~he singular or pfu?al ~nywhere in this N4ortgage, shall be singvl~~ if one only and shall be plural jointly and severslly if more than one, and that the wwd "their" as used anywhere in this Mortgage shsll be taken to mean "his;' "hen;' or "its;' wherever the context so implies or admits. Also, that wherever there is a reference in tFx covenann snd agreements herein contsined to ~~y of tha parties hereto, the same shall be construed to mean ss well as the 1~eirs, legsl representstives, successws and assigru (either voluntary by ad of the parties or invotuntary by operation of the law) of the same and that the covenants herein contained shall bind snd the benefits and sdvsntayes inure ro the respective hei~s, legal repreuntatives, successws and au~gns of the parties hereto. And said Mortgagors, fw themxlves and their heirs, legal repreuntstives, successors and assigns, hereby jointly and uverally covenant end agree ro and with the said MORTGAGEE, its s~ccessws and assigns: 1. To pay all and singulsr the p~incipal and interest and the variwis and sundry sums of money payable by virtue of said promissory note, snd fhi• mortgage, each and every, promptly on the dsys respectively the same severally become due. 2. To pay ~~I and singulsr the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind naw on said dacribed property, a that hereafter may be imposed, suffered, placed, levied, o? suessed thereon, ot that F?ereafter may be levied a aue~sed upa? tha Mort~- age, or the indebtedness secured hereby, each and every, when due and psyable, accwding to law, befwe they become delinquenl, and belore any interest arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFfIC1A~ DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFFICIAIIY ENOORSED OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WI~HIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not paid, sat sfied and d~scharged sa'd MORTGAGEE may st any time pay the same w any part thereof withour waiving w afiecting any option, lien, equity p ~iqht under or by virtue of this mo~tgage and the full amount of each and every such payment sh~ll be immediately due and payable and shall bear i~terest ~.om the date thereof until paid at rate of nine per centum per annum and together w~th such interest shal~lb~ se ur by the lien of +h's mar9taye. ~o~x P~~f 203~ _ ~ _ ~~y~~ - s ~t_~~;: