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HomeMy WebLinkAbout2335 r i Z-~V/fdV \v~ , . THIS INDENTi1RE, M~d~ the 27th day of October A.D. 19 72- beMreen ~ Michael Keith Hayes and Linda H~yes~ his '3fg' of S~. i'uC1Q Cow+fy florids, Fxreinafter desynsted as the "MOR~GAGOR," and FIQSi FfDfRAt SAVINGS AND LOAN ' ASSOCIATlON Of FORI PIfRCE, a capaation apanised and exisfiny vnder Ihe laws of tM ~United St+t~s of Am~rka and Mvinq ib principai ptac~ of busineu i~ th~ City of fort Pierce, St. lucie tou~y, Flwida, Mranafta d~iipnated as tM "MORiGAGEE:' ' WHEREAS the MORTGAGOR is jv~tly indebted to tM MORTGAGEE in the sum of = Z~~6~.~0 9~ Iav~ful money o/ the U~ifed Srares advarrced by the MORTGAGff unto the MORJGAGOR, as evidenced by a certain promiuwy note of even date herewith, of which the followinp 1n words and figures is a Ir~s copy, fo-wit: = 13, 600. 00 2~018044 Fo?t Pierc~, Flwida, ~ctober 27 ~q~ fw value ?eceived, 1, w! ot either of us, promise fo pay, without defsttation, to the o:der of FIRST fEDERAI SAVINGS AND LOAM ASSOCIATION OF FORT PIERCE at fat Pierce, Florida, the sum of s 13.6~0 • 00 w+th inte~est from date at the rats of 7• 759f, per ~nnum, in monthly install- ments as follows: s 112. ~0 on the 1St day of ~C@~eZ ~9~72 and a like sum on the cwrespondiny day of each month ther~- after until the who~e be fully p-;d. , Each installment first shall be applied in payment of the inlerest and then on the unpaid balance of the principal sum_ If d ault i~ made in fhe pay~nenl of any instaltment whe~ due, and such deFaut~ continues 3p dayt, then at the opt;on of ~he holder, and without any other ratice, all the remaininp ~nstallments shafl be due and payable at once. Privilege is given to prepay this mte in whole or in part at any time withouf penalty. Neither fo?ebearaexe, nor acccptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment cMrge of Z 5• 6O sh~ll be added to each installment remsining unpa~d 7 days aite~ its due date, and a like sum shall be added to each sexh installment remaininy unpaid 7 days after each succeeding paymem date. Eath maker, surety and endorser hereof, jointly and severatly, waives demand, presentment protest and notice of protest for nonpaymenL and furfhe? agrees to any extenia~ of time of payment, either before w aftcr maturity, without notice to any of us; and ro pay al! costs of tollection, Fntludirg a reasonable sttwney's fea in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under fhe constitution and laws of each Stale of the United States, as agaiiut this obf~'gatio~ or any extensior? or renewal hereof_ Witness the hand and seal of each party. ~ S/ Michael Keith Hayes ~q (SEAI) S/ Linda Hayes ~U ( ~~•4O ) State Revenue ~ «u tSaop~r~~tl~a~Qioisakaeery NOW, 7HEREFORE, the MORTGAGOA fa rhe ~ se of securi a ment of said sum of = 13 ~ 6~ 00 w' n~ ^9 P r • sed ~I,e performance of tM cove~wnts and agreementi hereinafter expressed, and fw divers good and valusble considerations, by these presents, doea grant, barysin, iell, remise, release, tonvey and confirm u~to tMe MORiGAGEE, its successors and auigns, all that certain lof, piece or pa?tel of Iand, situats, lying, and being in ths County of SL . I.11C1@ and State of Florida, described as follows: t ~ The East 10 feet of Lot 4 and all of Lots 5 and 6, B1ock 1, FAIRLAWN HOI?ES SUBDIVISION, as per plat thereof on file in Plat Book 9, page 10, of the Public Records of St. Lucie County, Florida, s~ sTa oF F~oR,oA t . ~ ~ ~ DOC____UMFNIAR~,~STA~Mp T~.r ~ . i.EPT. uF p~vENUE i . ~ ° P.B. ~ t+Cf 31'1Y ' f ~„~02~ 2 a 4 a ~ 6 ~ g~ryEp Z ~ M PAYMENT OF T1U(FT Dl~ ON CII16S ~ 111T11(161BI.E PE'd901~111 PROPfRtY. Mlp~W(T Tp CFNP'iER 71-134. ACTS OF 19IL~,x*.~ IIOCEN r01TR~t Clal( GRCtItT OOttICi. ST. WqE OD, FirA rogether witb all and :ingu~ar the tenements, hereditaments snd appurtsnces thereunto belongirg w in anywi~e ~ppertsinirg therefo, ~rd ~II renb, issues, proceeds snd profits acuuing and to acuue from said premises, atl of which are included in the above and fwsyoing d~scriplion ~nd habendum. TO HAVE AND Tp HOtD the abovs deuribed and g~a~ted premises umo the said MORTGAGEE, its successon aed auigr~s fwever. And tM said MORiGAGOR fa their ~;r:, executws, administraton and assigrK, hereby coven~nri with the said MORTGAGEE, ib tuccessors ~nd ysipny, rhat --t~V arQ lawfully uized of the said premises in fee simple; tl?~f fhe same ~re free, clear and d'acharped from all liens and ~ncum- ' brances in Iaw w in equity, and that theY will and LhelZ heirs sMll wsrrant and defend tM title to tM sartw to tM taW MORTGAGEE, its svccessors and auigns, fwever sgainst the Iswful claims and demands of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR shalt pay unto the hIORTGAGEE the promiuory note hereinbefqe desuibed and sha!! truly, p~omptly nnd fully perform, dixha~ge, execute, complete, comply with and sbide by each and every the stipuletions, s~reemenb, cond;~iorn snd covenann of said promissory note and of this Mwtgsge, then this Mortgsge and the Estate hereby ue~ted shall cesse and be null and void. IT IS UNDERSTOOp that the word ••Mortgaga•• whether in the singular or ptunt snywFiere fn this Nbrtys~e, shall be sinyul~r if one o~ly and shatl be plura! jointly and uverally if more thsn one, and that the wwd "their" ~s used sn•rwhere i~ this Mortgsye ~hall be taken to mean "his," '1?en;' ' or "its;' wherever ths context su implies or admits. Also, that wherever there is a refermce in the covenanri and agreemenri herein contained to any of eem rhe parties hereto, the same shail be construed ro meen as well a: the Froin, kya! rep~euntatives, wccesso?s and ~uipro leither voluMary by ~ct of tM parties w involuntary by operation of the law) of the sune and that the covenants herei~ contained ahsll bind ~nd the benefib and advantay~s inw~ to fhe ~espective heirs, legsl repreuntatives, wccessors and ass~gns of tF~e parti~s he~eto. - And said Mortgsgws, for themselves and their heirs, legal mp~euntatives, wccessors ~rd ~uig~s, hereby jointly and feveially toverunt and ~y?ee ' ro and with the said MORTGAGEE, it: succeuors and suigrn: i 1. To pay ~II and singulsr the principal and interast and the vsriovs and s~ndry sums of money payabk by virtue of iaid promiswry note, and this ' mortgage, each and every, promptly on the days respectively the isme sever~lly becwn~ d~e. s t 2. To psy dl and ~ingvta~ the taxet, assessments, levies, liabilities, oWi9ations a~d encumbrances of every nature tnd kir~d aow on said deuribed ? property, w that hereahe~ may be imposed, wffercd, placed, lev'~ed, w auessed theraon, w thal hereafter may be levied w usetsed ~pon fhis µpr1Q. age, a tke inelebted~ess Kcu~ed fxreby, esch ~nd every, when due and payabk. ~ccadinp to Isw, before they becom~ deli~quent, and befon ~ny intaest attaches or any penalty is incur~ed; AND lNSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII SE PROMPiIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIGINAL OFfIClAI DOCUJNENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSEp OR CERTIFIED) SHALL BE PLACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN QAYS NFXT AFTER PAYMEM~; ~nd in the evenf that iny thereof is not paid, iat'sfied ~nd dixharged sa:d MORiGAGEE may at any time p~y the same or any part thereof without waivirg or affectirg any optiw?, lien, eq~ity a i •iqht under o? by vi~t~e of this mortgage and the full amount of each and every such payment sha(I be immediately due and paysble and thali bear interat ~•om ~he date thereof until paid at aate of nine per centum per ~nnum ~nd together with such intereit s~ IRbe c~ by the i t:i mor~ta~e. ao~x~! vaGt~~~~ M ~ - ~ -