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HomeMy WebLinkAbout0651 rvz~.rv v v THlS.INDENTURE, Made the ~nth day of ~'ovember A.D. 19 72 be~wcen ' I~:illiam B. Hodge and Iris B. Nq~e, his ~vife ~ of $t • LuCiE3 County Flwida, here~nafter designated as the "MORTGAGOR," and FtRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORi PIERCf, • corporetion wganized arn! existing unde~ Ihe laws o( the U~ited S~atai of Americs and havir.g iti priocipal place oT business in ths City of Fwt PiKCe, St, lucie County, florida, hereinafter designa?ed ai the "MORTGAGEE:' WHEREAS the MORTGAGOR is ju~tly indebted lo the MORTGAGEE in the sum of s 2O~ 'S~ pood and ~awf~i mo~ey of the Un~ted States advanced by tF+e MORiGAGfE unto ~he MORiGAGOR, as er+denced by a certa;n promiuay note of even date herewith, of wh~ch th~ fol'awing in word~ and figures is a true copy, ~o-wit; s 20, SOO.00 1001~42 November 10 72 ` fort Pierce, flwida, 19 Fw value received, 1, we or e~the~ of us, promise to a, wi?houi defalcat~on: to the order of FtRST FEDERAL SAVINrG~S~ AND IOAN ASSOCIAII~;~ OF FORT PIERCE at Fort Pierce, Florida, ~he sum of f 20~~~•~~ w;th 7nterest from date at ~he rate of ~'7`"°o per s~num, in mornhty insta~:- ' mrnts as fol!ows: S 24~ on ihe lOth day of Janua ry ` ~9 73 and a like sum on the carespond~ng day of ea:h month t'isre- after until the whole be fully paid. Each installment first shall be app~ied in payment of the interest and then o~ 1he unpaid balance of the principal sum. If dersult is made in the ~ ayment of any installmenf wtxn due, a~d such defautt continues 30 days, then at the opt;on ot fhe holder, and without a~y orher not~ce, a:l the ~emaining ;,,ifaSlments shall be due and payable at once. Privilege is given to prepay this rate in whole or in part at any time without pena{ty. Neiti~e~ 4orebeara~ce, nor acceptance by the holder thereof aftr~ any defau~t in any payments hereon, shall !x deemed extension. A late payment charge of = 12_! ~35 shaN be ' added Io each installment remaining unpa~d 7 days after its due date, and a like sum :hall be added to each such ins?allment remaining unpaid 7 days after ~ 9 each succeeding payment date. ~ Each maker, surety and endo~ser hereof, jo~ntly and severally, waives demand, presentment protest and notice of p~otest for nonpayment, and further ~ agrees to any exte~sion of time of payment, either before w afte~ matu.ity, without not~ce to any of us; and to pay all costs o1 collection, includ~ng a reesona6le attwney's fee in the evenl of any default hereunder, and hereby severally w~ives all benefit of homestead and exemption under the constitutan i and laws of each State of ~he Unit~d States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. (SEAI) s/ William B. Hodge ~~i~ (sEnu $30.75 s/ Iris B. Hodge ~S~U ( 1 Stafe Revenue ($tdm{ii.F3fICd~C~On_0[~iOa~ DOif~ NOVV, THERfFORf, the MOR7GAGOR for the purpose of sauring payme~t of said sum of S 2O ~ 5~ ~nd the pc~formance of ths covenann and agreements hereinafter e:pressed, and for divers good and valuable considerations, by these presents, does grant, baryain, ssll, remiu, release, convey a~d confirm unto the MORiGAGEE, its successors and auigns, ail that certain lot, piece w pucel of land, situate, lying, and being in tM County of S~. Lt1C.1P and State of Florids, dexribed es follows: ' ~ + ~ Lot 3, Block 1, ORANGE BLOSSOM ESTATES - SECOND ADDITION, as-per plat thereof on file in Plat 8ook 14, page 2, of Lhe public records of ~ St. Lucie County, Florida ? ; ; 1 i s~ STA E aF FLORlDA ~ y gy ~ OOCUMENtAR1f~..;~STAMP _iA ~ QE~~ ~{N PAYMENi OF TAXES UEPi. OF kEVEN~ • ~ ~ _ - T ~ DUE ON CUISS 'C INTANGIBLE ?ERSONAL PR04ERfY : ~e~n ° = P.L ~ ~:J'r ~2 ~ - ~ ~ O. ~ ~ ' PURSl1ANT TO CWIrTER 71-I34. ACTS Of 19/1. , ~ F . o = ~~~a2 ' ROGER PORRAS ~ ; ~LERK CIRqlIT COURT, Si. LUCIE 00, FIA i ~ ~ i togetht~ with all and singular the tenementt, hereditameMS s~d appurtances thereunto belonging or in anywise appertaining tlxreto, and ~II rents, iuues, i proceeds and profits acuuirg and to acuue from said premises, all of which are ir?cluded in the sbovs and foregang deacripYron snd habendum. ` TO HAVE AND TO HOLD the above desaibed and gnMed premises unto the said HWRTGAGEE, its successon ee~d ~uigns fwever. Md tl» s~id ' ttlell i M1RORTGAGOR for heirs, executws, adminiatrato~s and auigns, hereby cwensnri with the said MORTGAGEE, iri wttessws and uspns, ~ that they a re ~awfully uized of the said premises in fee simple; that the same are free, clesr ~nd dixhsrged from ~II lie~s a~d encunr brances in law or in equity, and that they W~~~ a~ t~1P.lI heirs shall w~rrant and defend the title to the same to the s+id ' MORTGAGEE, its successors and suigns, faever sgainst the lawful claims and demands of all persons; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shall p~y unto the MORT6AGEE the prom;uory nofr hereinbefore dewibed and sMll truly, promptly ! and fu{Iy pcrform, d~scharge, ezecute, compkte, compty with and abide by each and every the stipulations, sgrcements, conditions a~d covenann of said ? promisswy note and of this Mortgage, then this Nbrtgage and the Estate hereby aeated ahalt ce~se and be nufl and void. IT IS UNDERSTOOD th~t the word "Mwtgagor" whether in the singular or plural anywhers in this Mdtgage, shal! be singular if one onty and shall be plural jo'~ntly snd xverelly if more than one, and that the wwd "their" ss used anywhere in this Nlortgage shall be t~ken to mean "ha;' "hers;' ~ ~ or °its:' wherever the context w implies w admits. Also, thst wherever there is a reference in the covenants and agreemenb herein contained to any of § the parties hereto, the same shall be construed to mesn ai well as the heirs, legsl repreuntatives, successors and assigro (eithet wlu~tary by act of the ~ parties or involuntary by operaYan of the law) of the same and that the covena~ts herein contained shatl bind and the benefib and advsntayes inure ~ ro the respective heirs, legal representatives, succeuors and su~gns of the parties hereto. ' And said Mortgs9ors, fw themulves a~d their heirs, legal representatives, successors snd sssigns, F?ereby jantly and severally covenent snd ayree ~ to snd wilh the saGd MORTGAGEE, iti successo~s and sssiyns: i 1. To pay all and sirgular the principal and i~tereit and the var'wus and sundry sums of maxy payabk by virtue of said promissory ~ote, ~nd thi~ ; i mortgage, esch snd every, promptly o~ the days respectively the same severally become due. ? ~ 2. To pay ~II snd sirg~?ta. tFe tsxes, ssx~sments, levies. liab+liries, obligations snd entumbr~ncts of every n~ture and kind now on said described property, or that he+eafter msy be imposed, suffered, placed, levied, or auessed thereon, a that heresfter may be levied or usessed upon this Morty- age, or the indebted~ess iecured hereby, e+ch and every, when due and paysble, xcording to Iaw, before they become delinqvem, and before any interest ; arraches w any penalty is incuned; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AN~ DISCHARGED OF ; RECORD AND THE ORIGIkAI OfFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATlSFACTION PAPER OFfICtALLY ENpORSEO OR CERTIFIED) SMAII BE PIACED fN THE HANDS OF SAID MORIGAGEE WITHIN TfN ~AYS NfXT AFTER PAYMENT; snd in the event that any tF?ereof is not paid, sat'sfied and diuharged sa:d MORTGAGEE may at any time pay the same w any part thereof witFw~t wsiving w affecting any optan, lien, eq~ity a ~~qht unde? w by virtue of this mortgage and the full smount of each and every such payment shalt be immediately due and payable and shal! bear inte~est ~•om the da?e thereof un?il paid ar rate of nine per centum per annum and together arith sr~ est shsll ~~u~ed by the lie~ of th:s morgtsye. bOGM. ~U~ PAGE ~ ' ~ 3 ~ _ ~ ~ ~w ~ ` ~ ~ ~ ~ _ . . _ _ .