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HomeMy WebLinkAbout2170 240895 ~ . . iH15 IN~ENTURE, Mad~ the 26~ day of ~CtO~@r A.D. 19 between Franklin A. Aarris and Valerie V. Aarris~ his wifa, • of ~t• C@ County ffwida, hereinafte? designated as the "MORTGAGOR;' and' FIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERC~, a mrpwat~on wgani:ed and exist~~g under the laws oi the United Statas of America and havinp its principal pl~cs of busineu in the City of Fort Pieres, S1. lucie County, Fiaida, hereinafter designated as tM "MORiGAGEf:' ~ WHEREAS ths MORTGAGOR is justly indebted to ihe MORTGAGEE in the ~um of ~ 9~2~•~ , good a~d lawf~l money ot the Un~ted Srates advanced by ~he MORiGAGEE unto the MORTGAGOR, as evidenced by a certai~ promisswy nole of even date herewitF, of which the followinp in words and figurei is a true copy, to-wiC s q,2oo.00 10or18985 fort Pierce, Flaida, October 2b,. ~q~ For vatue received, 1, we or e+ther of us, p~omise to pay, without defalcation, to the order of FIRST FEDERAI S~AV~IN~GS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pieace, Florida, the sum of ; 9;2~l~ with in'te'rest irom date at the rate of 1! i1°Yo per annum, in monthly instsll- ments as follows: S~- on ~he 19t day of ~CeH1~8r , 191~ and a like sum on the cwrespondirg dsy of each month there- after until the whole be fully paid. Each installment firot shall be applied in payment of the interest and then on the unpaid balance of fhe principal sum. If d ault is made in tM i " Fayment o! any installment wb~n due, and such default continues 30 days, then at the opt:on of the holder, and without sny ofher notite, all thp remaining i ~nsrallments shafl be due and payable at o~ce. Privilege is given to prepay this note in whole or in part at any time without penalty. IV~ei~fhe~rf~/fo~rebearance, v nor acceptance by the holder thereof aiter any defauit in any payments hereon, shall be deemed extension. A late payment tharge of i~ 'L shsll be added to each installment remaFninq unpa;d 7 days after its.due date, and a Gke sum shall be addrd to each such insta8me~t remaining ~npaid 7 days ~fter each succeeding payment date. ' Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpaymenf, and furlhtt : agrees to any extension of time of payment, either before or afte~ maturity, without not~ce to any of us; and to pay all costs of collection, includ~r~ a reasonable attorney's fee in the event o( any default hereunder, and hereby severally waives all benefit of homestead and exemption under the tonsfitution and laws of each State of the Urtited States, as against this obligation or any extension or renewal hereof. Witness tf?e ha~d and seal of each parry. _ S/ Franklin A. Harris ~Au i : c~u ; 5 Yalerie V. Aarris ; ~ ; i ( $13 • ~ 1 State Revenue 15~11?~R*~AIM~:~iR~~ili) i 9 200 00 ~ NO'Al, THEREFORE, the 11M1ORTGAGOR for the purpose of secvring payment of said sum of S + • and the performance of ths covenants and agreements hereinafter expressed, and for divers good and valuabte considerat;ons, by these presents, does g?aM, barpain, sell, remise, 3 retease, convey and confirm unto the MORTGAGEE, iti successors and assigns, all that certain lot, piece or parcel of Iand, titvate, Iying, and being in ihs ~ County of St• ~1Cie , and State of Floridi, dewibed as follows: The East 65 feet of the West 150 feet of Lot 39, IsARAVILLA GAR~ENS, as per plat thereof ort fiZe in Plat Book 6, at page 55, of the Public Records of St. Iucie County, F1oMda~ , t ! { , ; Q STA flF LORIOA ~ ' ~ DO UM NiARY TA D-~ t. k; s~ ~ DfPt.Oi R VENUf t'`~ _ i 0 ~ _=~:j ~~~n ~ ~ 3. 8 ~ ~ - y'~ IN PAYMEM Qf 7A~S ; ~ e.. . . . ~ IIIOZ ~~iw~ + DUE ON CIAZS'C IMANGIBIE f:':~~iiL P1lYfCnl~ d PURSUIWT ~ C~fAPTER 71•13;. !rCiS i)f 1~!~ ~ ROGER P:?ITP,~,t ~ CLfAK CfRGtitT COilRT, Si. LUt;iE C0, flJt ~ i i { together wlth all and singular the tenements, hercditammts and app~rtances thereuMO belongirg or in anywite appertaining~N~w~Np~and•dltantf, issws, E proceeds and profiq acuuing and to acvue from said premixs, all of which sre includcd in the above and fwegang dqcription ~nd Fabendum. ~ 10 HAVF AND TQ HQLD the sbove dewibed and granted p?emises uMO the said MORTGAGEE, its successon and ssi~gra fonver. Md tM said i MORTGAGOR for ~Bxr heirs, executors, administrators and aisgns, hereby covenants with the ssid MORTGAGEE, iri s~cceuws and astipro, ~hat -~~-Y a~--- lawfully seized of the uid premises in fee simple; that the same ue free, clear and discha~ged from ~tl liens and ~ncwn- brances in taw or in equity, and that ~ey will and the ir heirs shatl warra~t and defend the title to the qms to th~ qid MORTGAGEE, its successws and suigns, forever againsf the lawful clsims end demands of all persons; PROVIDED, ALWAYS that if the MpRTGAGOR shall pay unto the MORTGAGEE the promistory note hereinbefore destribed and shal) truly, promptly and fully perform, d~uharge, execute, complete, comply with and abide by each and every the stipulationf, ~greeme~b, conditans and toven~nts of said p.omissory note and of this Mortgage, tRen this Matgage and fhe fstate hereby aeated shail te~se and be null and void. (T i5 UNDERSTOOD that the word "Mortgagor" whethe~ in the singular w plural ~nywhere in this Mwtgsye, shall be sinpulu if one only u+d shall be plural ioiMly and severally if mwe than one, and that the wwd "their" as uud anywhere in this Mortg+g~ sh~ll be taken to mean "his;' "hen;' or "its;' whereve~ the conteat so implies or admirs. Atw, that wherever there is a reference in the covenann and sQreements herein contained to any of rhe pa~fies herrto, the same shall be construed to mesn as well as the heirs, legal representativcs, successo~s and assipns (either voluntary by acf of tF~s parties a involuntary by operation of the law) of the ssme and that the covenants herein contsinrd shal~ bi~d ~nd the benefits and advenfeqe~ inu~e ro the respective heirs, Icgal representatives, succestors and ass~gns of the partiq hereto. ~ Md ssid Mort gagors, for themselves and their hein, legal reprexntatives, succeuors and auigns, hereby jantly ~od severally covenanf and ayr~e to snd with tFx said /NORTGAGEE, its successors snd auigns: 1. To pay all and singular the principal snd inferest ~nd the vareous and sundry sums of money psyabfe by virtve of said promissory note, and thi~ mortg~ge, each and every, promptly on the days respectively the same stverally become due. 2. To pay •11 and iirgvla~ the taxes, assessments, levies, liabilities, obligaiwns and encumbrances of every nsture and kind now o~ s~id described property, w that F?ereafter may be impoud, suffcred, placed, levied, w ~ssessed thereon, or that hereafter may be levied w assessed upon this Morfg~ age, a tM indebtedneu secured hereby, each snd every, when dve and payablq KCO/dil1~ to law, before they become delinqueM, and b~iwe any intaest attaches or any penalry is incurred; AND INSOfAR AS ANY TNEREOF IS OF RKORb THE SAME SHALL BE PROMPT~Y SATISf1ED AND DISCHARGED Of RECORD AND THE ORIGINAL OFFICIAt DOCUMENT (SUCH AS, FOR tNSTANCE, THE iAX RECfIPi OR THE SATISFACTIOM PAPfR OFFlClALLY ENDORSED OR CERitFIED) SHAII BE PIACED !N THE HANDS OF SAID MORTGA~EE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the evenf that any thereof ii not paid, saYified and discharqed sa:d MORTGAGEE may at any time pay the same or any part thereof withovt waiving or affetting •ny option, lien, equity a •~qht under o? by virtue of this mortgage and the fuli amount of each and every such payrnenl shall be immediately due and psysble and shall bear inlerest ~rom the date thereof until paid at rate of nine per centum per annum and togethrr with such interest shall be secured by the lien of th:s morgtspe. 600K~0~ r~It;~~~~~ = F , : ~~~,.~1 f..., :>t ~ ' _