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HomeMy WebLinkAbout1720 ti ti ~ vv ~ 17th ' THIS fNDENTURE, Made the day of ~ Novesber A.D. 19~.~ betxeen _ Marjorie Betts Gaskin, a sinqle aduZt $ a Marjorie Gaskin of $t • LuCie County flor~da, hereina(te~ desg~aied a~ the "MORTGAGOR," and fIRS1 fEDERAI SAVINGS ANU IOAN A$SO~IATlON OF fORi PIERCE, a corporatton wgani:ed and existing under ~he laws of the U~~t~d StarQi of America and h~ving its principal place of business in tM Ciry of fort P~erce, St. lucie County, florida, he~cinal~er designared ss the "MORiGAGEE." WNEREAS the MORTGAGOR is ju~tly indebted to 1he MORTGAGEE in the sum of S 9• 6~'~ good and lawiul money of the Un~ted S~ates advanced by the MORiGAGEE uroo the MORiGAGOR, as evidr~~ced by a certa~n p~omissory note of even date he~ewith, of wh;th the following in words ~and fbi~es~ a true topy, to-wit: ~ N~ 1~29~74 f + • Fwt Pierce, Flwida, Nove~er 17 19 72 For val~e received, 1, we or e~ther of us, pron,~ }e tq~aY v~~~thout defatca!~on, ~o the ordar of FIRS~ iE~ERAI SAVINGS ANO IOAN ASSO~IATION OF Y ~VU~ W ~ FQRT PIERCE at Fort Pierc , F o ida, the sv f S ~ ~ w~~h inrerest (rom date at the rate of ~~~!o pe~ annum, in monthly install- ~•~ents as fol:ows: 5--~~'~ o~ the~~t~ y of _ January ~9_73 and a like sum on the co~respon.i~ng day of each month there- ~~!e~ until rhr whoie be fully paid. Each installment iirst shall be app!~ed in pay~ne~t of the in~eresl and then on the unpa~d bala~ce o( ~he princ pal sum. If default is made in the ;~;m~m of any instaliment when due, and such defautt continues 30 days, then at the option of the ho+der, and without any orher notice, al! the remaining :nstallments shall be due and payab:e ar once. Privilege is given to prepay this note in whole or in part at any time without penahy. Neither forebearante, rcr acceptar.ce by the hoider tixreof aiter any default in any payments hereon, shall be deemed extension, A la?e payment charge of s_ 3~95 shall b~ +dd_d to ezch insta!iment remain~ng unpa:d 7 days aiter its due date, and a like sum shali be added to each such i~staUment remaining unpaed 7 d~ys ~her each aucceeding paymenr date. Each maker, surety end endo~se~ hereof, jointly and severally, wa~ves demand, presentment protest and r.otice of protest fw nonpaymenl, u~d furtFwr :,grees to any extension of t~me of payment, either bafore or aftrr mawrity, without no~~ce to any of us; and to pay all costs of collection, includinp ~ r~ _3sonabfe attomey's fee in the event of any defau'.t hereunder, and he~eby severa!!y waives a~i benefit of homestead and exemption under 1he eonstifutan .~:•d laws of each Sta~e of ~he United States, as against this obligation w any extensi~n or renewal hereof, f Witness the hand and seal of each party. cseaU S/ Mariorie Betts Gaskin, ~~i~ a sinale adult (SEAIJ $14.40 _a/k/a Mar7orie Gaskin ~~U - ) State Reveave is~,. ~~,~a ~ o.:e;~,~~w 9, 600.00 NO'N, THEREFORE, the MORTGAGOR fw the purpose of securing paymenf of said sum of s snd the perfprmance o( the ~ covenants and agreemai~ts hert;r.a',:er e:pressr~, ar.d {or ddvers good and va~~sb~e cons~derat~ons, by these presents, does grant, bargain, aell, remise, re!ease, convey and conf~rm unto the MORTGAGEE, its successors and auigns, ali that certain bt, piece w parcel ot iand, aituate, (ying, and being in thp Counry of $ t• Luc ie and State of Fbrida, dewibed ss follows_ Lot 23, of Block 4, SOUTHBRN PINES SUBDIVISION, as per plat thereof on file in Plat Book 9, page 68, Public Re~cords of St. Lucie Connty, Flo rida . ~b P' ~Q~-r? ~ . F ~ ~ 4~ :j w ~`~~la~hvE s: ~ f 11ECflVFD j ~ Z v IN PAYMCAtT OF TAIIQ ~ ~.V ` ~'f' ~~1 - . DI1E OM GASS 'C INTANGIBLE PERSOtUII PRO?ERIy, Q~a Pl1WMNt TO GiAPTER 71-134, ACTS OF 19/1. `r C' ~i ~ IiOGER POITRAS ~~j~ o~yl s^ ~ ~~02 CIFRK ClRqJR CWRT, Si. LUCIE C0, FiA ~s~ O ~ ~ O ro9ether with all and singular the tenements, hereditamcnts snd appurtances thereunto belonging w in anywiu sppertaining thereto, and al~ rents, issues, proceeds and profits accru~ng and to accrue fiom said premixs, all of which ue included in the sbove ~nd foregoing dewiption and habendvm. TO HAVE AND TO HOID the above deuribed and granted premixs unto the said MORTGAGEE, its sutcessan and ssaigns fwever. A~d th~ said ti10RTGAGOR fq~ - her heirs, executors, administrators and assigns, hereby covenanu with the s~id MORTGAGEE, its succeswrs ~nd assigm, St1E' 15 r%,at - iawfully seized of the said prem;ses in fee simpte; that tF~e same are free, clear and dischsrged from •1) liens and encum- o~ances in Iaw a in equ~ty, and that She W;~~ a~ her heirs thsll warrant snd defend the title to the same to the said 4!ORTGAGEE, its successors arx! auigns, forever against the lawlul claims and demands of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR ahall pay ~nto the MORTGAGEE the promiuory note hereinbefwe dexribed and shall fruly, promptly and tutly perform, d~scharge. execute, complete, comply wifh and abide by esch and evny the stipulations, agreements, conditiw~s and covenants of said prom:ssory note and of th~s Mortgage, then this Mwtgage and the Estate he~eby «eated shall cease and be null and void. IT IS UNDERSTOOD that the word "Mortgsgor" whe~her in the singular u plurel anywhere in this Mortgage, ihall be singular if one only and shall be pturat jointty and severaily if mwe than one, and thai the word "theii' as used anywFrcre in this Mortgage sFHI! be taken to mea~ "his," "hen;' or ";ts;' whereve? the context so implies o~ admits. Alw, that wF~erever there is s?eference in tlx covensnts and agreements he~ein contained to :ny of rhe parties hereto, the same shall be construed to mean as well ss tRe heirs, Iegal represent~tives, svccesson and assigrts (either voluntary by atl of the parties w involunrary by operat;on of the law) of the same and that the covenants herein contained shall bind ~nd the benefits and advantages i~ure to the respetlive heirs, legal represenratives, successors and ass~gns of the p:rties hereto. Ans! said Mongagors, fw themselves and their hei~s, legal representatives, tuccessas and suiyns, hereby jointty and sevenlly covenant and ayree rc and wifh the said 1NORTGAGEf, its successors and auigns: 1. To pay all and singular thr principal and interest and the various and sundry sums of money payable by virtue of ssid promissory note, a~d thii - mortgage, each and erery, promptly on fhe days respectively the same severally become due. 2. To psy sll and singula? tM taxes, asussments, levies, lisbilities, obligstions snd encumbruxcs of every nature snd kind now on said dewibed property, or that l~ereafter may be imposed, suffered, placed, levied, or astessed thereon, w thst hereafter may be levied w assessed upon this Mort¢ age, a the indebtedness secured he~eby, each sr,d every, when due and payable, according to Iaw, before they become delinquent, and befwe any intere~t arraches w any pe~afty is incurred; AND (NSOFAR AS ANY THEREOF i5 Of RKORU THf SAMF SHAII 8E PRO/NPTIY SATISfIED AND DISCNARGED OF RECORD AND iHE ORIGIhAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR TNE SATISFACTION PAPER OFfICIAILY ENDORSED CR CERiIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHlN TEN OAYS NEXT AfTER PAYMENT; ~nd in ~he event that any thereof is rat pa~d, sat'sfied ar~d discharged sa:d MORTGAGEE msy at any time pay the same or any part the?eof withouf waiving or affecting sny option, lien, epuity or •~qht under w by virtue of this mortgage and the full amou.~~ of each and every iuch payment shall be immediately due and psyabk snd shall besr interest irom the date thereof uMif patd at rate of nme per centum per annum and together wirh~ua~h ha11 be~rhF~~r the litn of th:s rtwrgta~e. a e ~f Y ~vV'..J ~~l~i ~ 1 ~rv • ~ ~ F$" ~ 4 t ~ v3 y~~ F^:: ~-'~''"~-~'s-''~.3 'ky yt"~~°c 's ~ - ~ . .~"'T~r.}'~t . . _ a_.. :s ~ ~ ; ~"'q ° -