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HomeMy WebLinkAbout1722 iG~iG'l b4 ~ iNIS INDENTUkE. Made the-?ZII~~ dsy of NpyQp~~ A.D. 19 72 between _ o~n R Baker and Arlyne R~ak~, his wife ~ of Br(~NaZd ~ C~nry Flor~da, hereinafter des~yna~ed as the "MORTGAGOR;' and fIRST FEDERAI SAVINGS AND LOAN QSSOCIATION OF FORT PIERCE, a corpwation organized and existing under rhe laws oI the Un~ted Sutos of America a~d Mving itt principai place of busineu in tM City of Fwl Piace, St, lucie County, Florida, hereinafter detigna~ed a~ tM "MORTGAGEE: ' WMEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s__ 11 ~0~.~~ good and lawful money of the Un~ted Srates advanced by the IdORTGAGEE unfo the MOR~GAGOR, as evfdenced by a cerra~n p~omissory note of even date herewi~b, of wh~ch the iollowing io words snd figures is a true copy, to-wit: s 11~000.00 ~ 1001908d Fo.? v~t«e. Flwida, November 22 ~y72 fw val~e r~eived, 1, we or either of us, promise to pay, wiihout defalca~ion, to the order of fIRST FEUERAt $AVItYGS ANO LOAN ASSOCfAT10N OF ~ORT PIERCE at Fort Pie~ce, Florida, the sum of s__u~_QQQa~~ w~th intaresr from date at the rate of Z:~~o per annum, in monthly install- ~nrnts as follows: S- 92 •O0 on the 1Ot~lay of Januar r~ ~q___73 and a like sum o~ fhe conespond~ng day of each month there- atter until the whale be fully pa~d. Each ~nstallment iir~t shall be applied in payment of the interest and then on the unoaid balance of the priric:pal sum. I( default is made in the ~a~mant of any instal(meM when due, and such defauft continues 30 days, then at the opt~on oi ~he hotder, ar.d w~thovt any o~her not,ce, all tbe remain~ng :~~stallments shall be dur and payable at once. Privilege is given to prcpay this note +n whole or in pa?t al any time without pcnalty. Neither iorebearaote, nor accep~ance by the holder thereof after any default in any payments hereon, shall be deemed ex~ens~on. A late payment charge of S-. 4. 55-, shall be :dded to each instatiment remaining vnpa~d 7 days after its due date, and a like sum shafl be addrd to each such instaltment remaining unpa~d 7 days sffe~ e.~ch sucteeding payment date. Eath maker, surety and endo~se~ hereof, joint(y and severally, waives demand, presentment prote:t and notice of protest for no~payment, and further a~rees to any extension of time of payment, e~ther before or aiter matur~ty, without not~ce to any of us; and to pay all costs oi cotlection, inctud:ng e r=~asonable attorney's fee in the event of any default hereunde~, and here6y severally waives all benefit of homestead and exemption under the canstitution and laws of each Stare of the United States, as against this obligation ot any extens~on or renewal hereof. Wi~ness the hand and seal of each party. ~j Den R_ Sakpr (SEAt) _ . . ~ (SEAI) (SEAI) 1 16• S~ 1 State Revenue --`~~~1~'-r' Bak,Pr (SEAq iStamPi~~r~e~LI~OfLadp~aL oate) NO'JV, THEREFORE, the MORTGAGOR for the ur se of securin 11 ~O. ~ p pa g paymeM of sa7d wm of S ~ , end the performance of tha covenaMS and agreemenn heieinaiter expresaed, and for d~~ers gao3 ar~ valuab!e conaedarsliens, by the» presents, dcea graro, bargain, sell, remiu, retease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of $t . Lueie and Stata ot florida, dewibed as foNows: Lot 2, Block 6, SUNRISE ESTATBS, as per plat thereof on file in Plat Book 8, Pa9e 75, of the Public Records of St. Lucie County~ F lor i da ~ F~~C3 P'~ ~ f ~y'OpMp ~ `P ~ `g.~O , . , s ~j ~!t?~~~,a~- ~ - : ~ D~Pt ~%,~i~+n ~a ' I i ~+s C' i as RECf1VED j s2 e~ IN PAYlNEiYT OF TAXE3 p ~~tt~t ~ WE Ofl CUSS'C INTAN618LE PERSONAI PROPER(Y, ~ ~ PURSUANT TO CHAPIER J1-134. 11CTS OF 19/1. ROGER POITRAS CtFRK CIRCUIT COURi, 3i. LUCIE CO.. Ft/t together with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, iuuts. proceeds and proFits accruing and to accrue f~om said premixs, alt of which are inctuded in the abore and foregang deuriplion and habendum. TO HAYE ANO TO HOtD the above described and granted premixs ~nto the said MORTGAGEE, its successws snd ass'gns fweve?. And the s~id MORTGAGOR for ---~3.~----- heirs, execurws, administrators and assigns, hereby covenants with the said MORTGAGEE, in successors and assigm, ~har ---th~ are ~awfully se~zed of the said premises in fee simple; that the same sre free, clear and diuFwrged from all liens and entvm- brancea i~ law or in equity, and that they N,~~~ a~ t he ir heirs shall warrant and defend the title to the same to tM ~aid MORTGAGEE, its successors and auigns, fwever against the lawful claims and demands of afl persons; PROVIDED, AI~YAYS that if the MORTGAGOR shall pay unto the MORiGAGfE the promiuory note he~einbefwe dewibed and s}ull truly, promptly and fully perfwm, d~uharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions snd covenanta of said prom~ssory note and of this Mortgage, then this Mwtgage and the Estate hereby crested ahall cesse and be null and void. IT I$ UNDERSTOOD that the word "Mwtgsgor° whethe? in the singula~ a plurat anywhere in this Mortgage, shall be sinyular if one only ~nd shat! be plural jointly and severally if more than ooe, and that the wwd "their" as used snywhere in this Mortgsge shall be taken to mean "his;' "hers;' or "its;' wherever the context so impliq w admits. Also, thst wherever there is a reference in the covenams and sgreements herein contained to sny of rhe partiei hereto, the same shall be construed to mean as well as the heirs, kgal representatives, successors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the covenants I~erein contained shall bind and the lxnefiri and adv~~tagq inure fo the respedive heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgsgors, for themselves and their heirs, tegal representatives, successors and assigns, hereby jointly ind xverally covensnt and agree to and with tFx said MORTGAGEE, its sutcessors and assigns: 1. To pay all and singvlar tFx principal and interest and the various and sundry sums of mo~ey payable by virtue of said prom~uory note, ~nd thii mortgage, each and every, promptly on the days respect~vely the same sereratly become due. 2. To pay sll and s~ngular the taxes, asxssments, levies, lisbilities, oblgations and encumbrarxci of every nature and kind raw on said desaibed property, a that hereafter may be imposed, suffered, plated, levied, o? assessed the?eo~, p thd hereafter may be levied w auessed upon lhis Mat¢ age, w the indebtedneu secured hereby, each ar.d every, when due and payable, ~ccwding to Isw, before they become delinqueM, and before •ny k~terest anaches w sny penslty is incurred; AND lNSOFAR AS ANY THEREOF IS OF RKORD 7HE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGE~ OF RECORD AND THE ORIGIhAI OfFiC1Al OOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERTIFIED) SHAII BE PlACEO IN THE HANOS OF SA(D MORTGAGEE WIIHIN TEN DAYS NEXT /RFTfR PAYMEl~l1; and in the event tha! any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thtreof without waiving or affecting any option, lien, equity or •~qht under or by virsue of this mortgage and the full amcunt of each and every such payment shall be immediately due and payabte and shatl bear interest f.om the date thereof untFl pafd ar iate of n~rre per cem~m p~r annum and togethe~ v~ithr~~g tereit ~h II ~~ecvred by the lien of th:s morgtage- gOGlc l~UO +'1lCf ~ ~%~i ~ q "L ~ ~ ~ 2 : -;s'g`~ ~ ~ ~ - . ~ ~ ~ _~.F'~''~~s-~=~z _ `~`-P~' 1.~'a'c- ~ - _ ~ _.'~r~"' ' _