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HomeMy WebLinkAbout1191 rG~.fiGafb7 r _ ~ W . THIS INpENTURE, Mads the 2Otb day of NOVB~@1" A.D. 19 72 between ~ ~ - - • . i-1'aT~ ~av i ti wap.d~ Atar i a $~.p~ af ~..a~.Siri~ Co~nty Florids, htreinafre~ desiyna~ed as the "MORTGAGOR," and FIi25T FEOERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, s corpwation org~nizcd and ex~siing unda the iaws of ~he United St~tos of Amerita and having its principal place of business in ~M City of Fwf Pierce, St, lucie County, florid+,• he~~i~ait~r detignated as the "MSORTGAGEf." WHEREAS ths MORTGAGOR is justly indebted lo it?e MORiGAGEf in tfie sum of s 37/7~~ ~ , good and Iawful money of the Un~ted S~ates adranced by the NIORiGAGEE unto the MORTGAGOR, as evidenced by a certam promissory note of even date herewith, of wh~ch the iolbwing in ~ s~r37 7 t0$.00 • r",e coPr. ~o.W~r. ~ 100190'I7? Fort Pierce, Flwida, Novesber Z~ 19 72 fw value received, 1, we w either of us, prom~se to pay, without defalcaron, ~o the order of FIRST FEDERAI SAVINGS AWD IOAN ASSOCfATION OF FQRT PIERCE at Fort Piarte, Fb?ida, the sutn of f 37 ~ 7~t ~ w:th interest irom date af ~he rate of ~,~6 pe~ •nnum, in monthly install- menfs as follows: S 2~•~ on the i_~~ day of _ J~1,~y , 19 7~. and a like sum on tha corresponding day ot each month there- after un~il the whote be fully paid. Each installment first shall be app~iad in paymenl of the interest and then o~ the unpaid balance of the piincipa! sum. If default is made in 1he F a;rrnent o1 any insrallment when due, and such default continues 30 days, then at the option of the holder, and without sny o~her ~otice, aIl the remaining ~nstallments shall be dve and payab!e at once. Privilege is g~ven to prepay this rate in whole or in pa~t st sny time without pe~alty. Neither forebearance, nor acceptance by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late payment charge of S 1~ shall be added to each installment remaining unpa;d 7 days a(ter its due date, and a like sum shali be added to each such instailment remaining unpaid 7 days after ~ exh wcceeding paymeM dare. Each maker, surety and endorser hereof, jointly and severally, waives demand, prese~tment protest and notice of protest for nonpayment, and funF.er a~~ees to any extens~on of time of paymenr, eirher before w after maturity, wi~hout notice to a~y of us; and to pay al) costs of collection, includiny a r.~asonabie attorney's fee in the event of ar+y default hereunde~, and hereby severally waives all be~efit of homestead a~d exemption under the constitufio~ ,nd faws of each S~a1e of tFx United 5tates, as against this obtiga/ion or any extmsion or renewa! heieof. Witness the hand and seat ot each parry. s~ Harry DaVld W~Ud (SEAt) (SEAI) s/ Maria R. Quintana de Wood ~ 56 ~ 55 ) State Reven~e «u f6 ~a:+~p~ tsaeeil~d~•w~isi.el wt~ NOW, THEREFORE, the MORTGAGOR fo~ the purpose of seturing psyment of said sum of S 37.! 7~* ~ ~ and'the performance of the { covenants and agreements hereinafter expreued, snd for divers good and vstuable cons~deratioas, by fhese Rresen~s, does graro, bargain, sell, remix, release, convey and confirm unto the MORiGAGfE, its succeswrs and augns, sll that certain bt, piece or parce) of land, situate, lying, and being in the County of St • LILCi@ and State of Flwida, descr~bed as follows: The South 115 feet of the North 1/2 of Governaent Lot 8, lying West of Fernandina Street (whic6 street is sliown on plat of TROPICAL BBAiCH ; SUBDIVISmN, Block 3 and 4, as per plat thereof on file in Plat Book 10, Page 9, of the Public Records of St. Lucie County, RloYida) in Section 1, ?ownship 35 Sout6, Range 40 Bast. 870CBpTING ~BFRpM the South 15 teet thereof beca,use of an Qase~ent , over and upan and across said South 15 feet tor pedQatrian traffic ~ i only, which has been gYanted to the public. ? ,f/G ; RECEIYEO - ~ IN PAllMENT OF TAXES _ ; ! DUE ON CU1SS'C' ~NTANGIBIE PERSONaL P°O~E~1~, ~ ; ; pURStlANT TO CHAPTER 71-134. ACiS OF ly) ~l~ ; ROGER POITRAS ; I CIERK CIRCUIT OOURT~ Si. LUCIE GU., ftA ~ I ; j rogether with sU and singular the tenements, hereditaments +nd appurtances therevnto belonging or in anywiu sppertaining therefo, and all renq, iswes, f ! proceeds and p~of~~s acuu;ng and to scuue from ssid premises, all of which are included in the above and foreyoing desviptwn snd hsbend~m. ~ ~ TO HAVE AND TO HOtD the sbove desv3bed and granted prem~ses unto tF~e said MORTGAGEE, in successors and aui9~s forever. And ti?~ said ; ; ~ORTGA R fw th~-1Y heirs, executors, administrators and asaigns, hereby covenants with the ~aid MORTGAGEE, ib successors and ~ssiym, ~ ~ that -t~~ ~e - lawfully seized of the said premises in fee simplc: that the same are tree, c{ear and diuhsrged from all iiens snd encvm~ ~ ~ brances in law or in cq~ity, and that t~leY w~~1 and their heirs shall wsrrant s~d defend the title to the same to tM said ; MORTGAGEE, its successws and auigns, forevtr against the lawful claims and demands of sl) persons; ' PROVIDED, A1WAY5 that if the MORTGAGOR sF~all pay unto the MORTGAGEE the promiuory note Fxreinbefwe desvibed and shall truly, promptty and fully perform, diuMrge, execute, complete, comply with and abide by eath and every the stipulaYwns, agreementi, conditions and covtnants of said prom~ssory note and of this Mwtgage, then this Mortgage a~d the Estate hrreby creeted shall cease and be null and void. IT IS UiYDERSTOOD thar the word "Mortgsgor" whether in the singular ot plural snywhere in this Mwtgaye, sh~l) be sinyul~r if one only and shall be plursl jointly and seve~ally if more thsn one, end that the wwd "their" ss used snywhere ir~ this Mortgsge shall be t~ken to mean "his;' "hen;' o. "its;' wherever the context so implip w admits. Also, that wherever there is a reference in the covens~n ~nd sgreements herein coMained to any of the parties hereto, the same ahall be construed to mes~ ss well as the heirs, legal ?epresentativp, successws s~d auigns~(either voluntary by act of th~ parties or involuntary by operation of the law) of the ssme and that the covensnts herein cor~tair?ed shall bind and the benefits and advantages imua ro the respective hein, kgat rep~ese~tatives, successors and ass~gns of the parties hereto. And said Mortgagon, fw themselves and their hein, legal representatives, successas snd ~ssigns, hereby jointly and uverally covenant and apree ro and with the said MORTGAGEE, its successws snd augns: 1. To pay all a~d aingulsr tF?e principal snd interest ~nd 1he various and sundry sums of money payabte by virtve o/ sa+d promissory note, and this ~ mortgage, each a~d every, prompNy on rhe days respectively the same severally become due. 2. Io pay al! and singulsr the tszes, assessments, levies, liabilities, obligatiom snd er?c~mbrantes of every ~ature and ki~d now on said desvibed p:operty, a that hereafter may be impoted, suffered, plxed, levied, a suesxd thereon, or thst lrcrea(ter may be tevied w usessed upon ihis Morty- ~ age, w the indebtedness secured hereby, exh and every, when due and payable, sccordirg to law, befwe they become delir?quent, and before any interest ; t anaches w any penalry is incurred; AND INSOfAR A$ ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGE~ OF ! RECORD AND THE ORIGIhAI OFFICIAL OOCUMENT (SUCH A5. FOR INSTAiVCE, THf TAX RECEIPT OR TFIE SA~ISFACTION PAPFR OFFICIAIIY ENDORSED t OR CERTIFlED) SHAII BE VIACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the evenf that any thereof is not ~ paid, sat sfied and diuharged sa:d MORTGAGEE may st any time psy the same w sny part thereof witF?o~t waiving or affecting any option, lien, equity or ~~~ht under o? by virtue of this mortgage and thr full amovnt of eath and eve?y such payment shall be immediately due and payabk and shall besr interest ~~om the date thereof until paid at rate of nine per centum pe~ annum ar~ h such i e II be xtured by the lien of th:s morgta9e. F~.c~ ~°i4i"` n . . C , ' a ' ~ . ' ; . ' i ' p "a'}T . ~ = . 7 ~ ~~,,..c 3 .C t-'~ . _ s ' ~ _ ~.,s-.a:~3~'Y'Y~..::~