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HomeMy WebLinkAbout2816 241369 ~ ~ ~ , ~ THlS INDENTURE. Made the_ ~d day oi ~~~i~+ A.D. 19 72 , between Richard Q. Keye~ ~nd Ida R. Keyes, his wifQ of St~ ~~i,~ ,~ou~ty Florida, he?einafter detg~ated ~s the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND tOAN ASSOCtATION OF fORT PIERCE, a co.po?ation wgani:ed and existinp under the lawt of ~hs Unired S~a~~s of America and hevlny its pr7ncipal plate of busineu in ths Ciry of Fort Pierce, St. Lucie County, Florida, hereinafttr desiynited at tiw "MORTGAGEE:' WHEREAS Ihs MORTGAGOR is ju~tly indebted to ths MORTGAGEE in the sum of ~ u~ 5~~ ~ , good arcJ lawful money of the Un~ted S~ate? advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of even dat~ herewi~h, of wh~ch the tollowiny in wordi and figuret it a true copy, fowit: ~ : ~a,.soo. oo xoo19o16 - Fat Pierce, flaida, NOV~i~i' 2 19,_,~. ! ~ for valve received, I, we or either of us, p~om~se to pay, without defalcation, to the o~der of FIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION OF fORT PIERCE at Fort Pierte, Fbrids, ihe sum of s 2~ 5~~~ wilh interest (rom date at the rate of ~Z~ pe~ annum, in monfhly instati- menes as follows: = 202~~ on the 1O.~tlday of ~e~~er ~9 72 and s like sum on the correspondu?g day oi ~ach month there- afrer untif the whole be fully paid. ~ Each instaltment first shall be applied in paymenl of the interest and then on the unpaid balance of the prinupal sum. If d sult is msde in the payment of any installment when due, and such default continues 30 days, then at the optio~ of the holder, ~~d without any other nottce, atl the remaining ~ns~allments shafl be due and payable at o~ce. Privilege is given to prepay this ~ote in whole or in part at any time without penalty. Neither torebearance, no~ acce tance b the holder thereof af?er an defaul! in an mtMS hereon, shall be deemed extension. A late A.~.~: ~ P Y Y Y PaY payment charge of added to each installment ~emaini~g ~npaid 7 days after its duc date, and e like sum shall be added to each such instaltment remaining unpaid 7 days after each wcceeding payment date. , Each maker, surety and endorser hereof, jointty and severapy, waives demand, presentment protesr and noiice of protest fw nonpaymenf, and fv?ther agrees to a~y extension of time of payment, either before or after maturisy, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable aftorneys fee in the even~ of any defauh hereunder, and hereby severatly waives all benefit oF homestead and exemption u~der 1he constitution and laws of each State of the Unued States, as against this obGgation w any eatension w renewal hereof, Witness the hand and yeal of each party. s/ ttichard Q. Keves ~Au cseau s/ Ida F, Keve~ ~,~i) ~ $36.75 ) $tale Revcnue cs.e.~s...wo.+b.E «..r:~ai ~ . NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securi meM of said svm of ~ 24 5~. ~ ^9 PaY ~ , ar+d the performance of ths cove~ants and agreements hereina(ter expressed, and for divcrs good and valuabie considerations, by these presents, does grant, bargain, sell, remise, release, convey and co~firm ~nto the MORTGAGEE, its suctessors and sssigns, all that certai~ lot, piece w parcel of land, situate, lying, and beinp in fhe County of St,~ T.tIC1P_ , and State of Fiorida, described ~s followi: ~ I.ot 27, Block 32, RIYBR PARK, UNIT NO. 4, as per plat thereof in Plat Book 11, Page 9, o~ the Public Records of S~t. Lucie County, Flozida , ~ . N oF FLOR1DA:i °O OOCUM~ E RY ~•:,.StN--- M--~ i A} I t~ ° DEPt.Of REYENUE Q' y~~. ~ c t ir M ~i 11JV'~~Z ; ~ J ~ "~C ' ~ -~o o=.P.L f~CE1VFD ~ IN PAYMENY Of TAKO ~ ~ ~~~02 DUE ON CUSS ~c tN~,~c~elE ~Ee ° SONAI rIIOPER1r, ?11RSIIAKi i0 ~~~POITRIIS ~ 187L ,fjj!'~' 0~ pRq11T OOURT, ~T. 111CIE 00,~ Fu ~ rogefher with alt and sirgvlar the tenemenb, he?ediaments and appurfances thereunto belonging or in ~nywise apperfsininy thereto, and all r~nts, iuws, , procceds and profits acuuing and to accrve from s~id premises, all of which are included in the sbove and fwe9oirg descriptan ~nd h+bendum. ~ TO HAVE AND TO HOID the above desaibed and granted premisea unto the said MORTGAGEE, in s~rtcessors se~d auignt forev~t. Md th~ said :V!ORTGAGOR for th@~r heirs, executws, sdministrators and auigns, f~ereby covensnb with fhe s+id 1WORTGAGEE, Ip sucteaws a++d ~uipru. rhat -+~gs-~~-- lawfu{ly uized of the said premiies io fee simple; that the same are free, cleu a~d dixhar~ed from all lier?s and ~ntv~n brantes ~n Isw w in equity, and that tb~y will and ~@iX heen sMl1 wa~rant and defend the title ro the s~m~ fo iM said MORTGAGEE, its suttessors and aui9ns, faever sgainst the Iawful claims and demands of •II persons; PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay u~to the MORTGAGEE the promissory note hereinbefw~ described ~nd sMll trulY• P~a^P~~Y and fully perform, diuharge, execute, completa, comply wi~h ~nd abide ty exh and every the stipvlations, ayreements, conditions ~~d covtnanls of said ` promisswy rwte ind of this Mo?tgage, then this Mortgsge and the Estate hereby ueated shall ce+se and be null and void. ' IT IS UN~ERSTppp tMt the word "Nbrtgsgor" whethe? in the singular w plural snywhere in this Mor4y~ye, shall b~ sinyul~r if one only and f shall be plurel jointly •nd seve~ally if more fhan one, and that the word "fheir" si used anywhere in this Mortgspe sMtl be taken to rtroan "Ais;' "hen," ' or "its;' wherever the context w implies w admits_ Also, that wherever there is s refere~ce in the covenanri ~nd preements herein containad to a~ryr of ~ the parties hereto, the ssme shall be co:utrued to mean ai welt as the heirs, legal rtpresentatives, successon and assigra (either volunt~ry by ~ct of tM ; par~ies w involuntsry by operetion of the law) of the same and thaf the covenants herein contained shalt bind and fhe benefits snd adva~tapq inur~ ro the respective heirs, legal repreientatives, succesiors and su~gns of the parties hereto. And said Mwtga9ors, fw 1Fxmselvcs snd their heirs, legal representstivp, succeuors and assigns, hereby jointly and severally covensnt •nd ayr~e ro and with the ssid MORTGAGEE, it~ successws ~nd euigns: 1. To pay ~il and sinputar the pri~cipai snd interesr and the varian and iundry wms of rnoneY psYable by virtue of said promiiwry note. ~nd this mortgs9e, esch and every, promptty on the days respectively the ssme severally becomt d~?e. ~ 4. To pay all and ~irgulu the taxes, assessments, levies, lisbilit~es, obligstions and encumbr~ncea of every natur~ and kind naw on iaid dewibed property, or that hereafter may bs imposed, wffered, pl~ced, kvied, or ~ssessed thereon, w ~hat hereafte~ may b~ levied or ~sses~ed ~pon thia Mortp- age, a tM indebtedneu secured hereby, each and every, when d~e snd payable, ~ccordKq to law, befor~ tlwy become deli~quent, and befw~ any iMerqt artaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAtAE SHAII dE PROMPTIY SATtSf1E0 AND OISCHARGED OF RECORD AND THE ORIGIfYAI OffIC1Al DOCUMEIJi (SUCH A5, FOR 1NSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OfF1~lALlY ENDORSED OR CERTIFIED) SHAtL BE PIACfD IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in rhe,event fMf any thereof is not paid, tat'sfied snd discharged sa:d MORTGAGEE may at any time pay the same w sny part thereof withovt waivirg or affeainy any optio~, lien, eq~ity or •iQht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall be~r interest ~rom the date thereof until paid at rale of nine per centum per annum and together w~th such interest shall be cured by the lien of th:s morytaye. ~~a~2~7 ~~F2814 ~ _ _ - _ # _.~s~<e