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HomeMy WebLinkAbout2272 2~31ss ~ TMIS INDENTURE. Made the.~~ day of NdV.$~$Z A,p. 19 7? between _ David J.Lightfoot and Kathy J. Lightfoot, hia wife _ • of St.. T+11C~@ Covnty Flwida, herrirtafter designared as ths "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN A$$O~IAT~ON OF FORT PIERCE, a torporaron organized and existing vndrr ~he laws of the Un~ted S~atos of America and Mving its principal place of busineu in the City o( Fo~t Pierce, 51. lucie County. Florids, hereinafter des~gnated as the "MORIGAGEE." WHEREAS ths MORTGAGOR is jus~ly indebted to the MORTGAGEE in the sum ot =~2~•~ , good and lawful money of the Un~ted S~ates advanced by the MORTGAGEE un~o ~he MORTGAGOR, as evidenced by a certain promisswy note of even date ~erew~th, of wh~ch the lollowing in ~n~ords and figures is a true topy, towil: =_7 200.00 ]_lOOm17 Fwt Pie?cs, Florida, November ~ 7 ~9~ Fw vatue rece:ved, 1, we o~ either of us, p~om;se 1o pny, without defalcat~on, to the order of FIR$T FEDERAI SAVINGS AND LOAN ASSOCIATION OF fORi PIERCE a! Fwt P~erce, Flor~da, the sum of ;__Z_i~QQS~ w;th inrzrest from date at the rate of 1_a.~~°o per annum, in monthly instalb :nents as fot:ows: S~ - on the ~t! day of Ja~~`4 19. _ i~ and a like sum on the correa, ond~ng day of each moNh there- after until the whole be fully pa~d. Each instafl,nent iirst shall be applied in payment of the interest and then o~ the unpaid balance ot the prinrpal sum. If default ~is made in the t ayment of any installmen~ ,~vhen due, and sucA defauh cont~n~es 30 days, then at the op~~on of the hotde~, and wiihout any other norice, all the remaining :nsrallments shail be due and payable al once. Privilege is given to prepay this note in whole or in part at any time without penatty. Neithcv.fo~+rebearante, no. accep?ance by the holder thereof aiter any default in any payments hereon, shall be deemed extens~on. A late payment cha~ge of 5_=-a-L~--, shall be .,dded to each instailment remaining unpa~d 7 days aftrr its due date, and a liAe su~n shall be addad to each such installment remaining unpaid 7 days aftet each succeed~ng payment date. Each maker, surety arsd endorser hereof, joinlly and severally, wa~ves de~nand, presentment protest and noti:e of protest fw nonpayment, and fu?ther agrees to any extens~on of r~me of payrnent, eirher before or after maturity, wi~hout nor~ce to any of us; and to pay all cous of collection, includ~ng a r~ azonable attorney's fee ~n the event oi any defau~t hereunder, and hereby several~y waives all benefit of homestead and exemptio~ under the conatitution ;•~d laws of each S~ate of ~he United States, as against this obtigation w any extens~on or rertewa! he~eof. Witness the hand and seat of each party. S/ David J. Li~htfoot ~Ai~ (SEAL) S/ Kat J. Li,~htfoot ~A~~ 10 80 ~ ~ • 1 $tate Revenue f S?aeaA~ sar~l l~ ss se~:e.i aeai NOW, TNEREFORE, the MORTGAGOR fw the purpose of ucuring payment of said sum of s?~2~~~ , and the performance of tha - covenants and agreements hereinafter expressed, and for divers good and va(uabte considerations, by fhese prese~ts, does g.ant, bargain, sell, remise, re!ease, co~vey and confirm unto the MORTGACEE, its successors and assigns, atl that certain lot, piece w parcel of land, situate, lyi~g, a~d being in the County of St. Lueie , and State of Flwida, dtwibed ~s follows: The South 95 feet of Lot 18, Block l, ORANGE BLa6SOM ESTATSS, FIRST ADDITION, as per plat thereof recorded in Plat Book 11, page 38, of the Public Records of S t. Lucie County, Florida, ~ ~ ~ STATE oF FI..ORIDA ~ ~Z DOCUMENTARY~ StAMP 1A X ~ c°-+ N aEPt. OF pEYEldUE ` s , ~ ts ~ ~ _ = -6'~2 tj ' ~ ~ 8 0 ~ ~ - P.0. - ` . , ~ ~ = tt102 i This is a aecond mortgage being 3unior and iaferior anly to a prior first mortgage Yroa mortgagors to ~nortgagee dated August 1, 19?2 and recorded in 0. R. Book 201i, page 2361~ in the amount of $24,300.00. ~ ~ RECEtVEO = IN PAYMDfi Of TA~iEi DUE ON CLASS 'C' ItITAN01BlE PERS4NAl PRQPERTY. ~ pURSUANT TO CNI1rTER 71•134. lICTS OF 18)1~,~ c~ ~ ROGER PORRAS ~ ~ CLER}( qRCU1T COURT, ST. WCIE C0, FtA f - ; rogerher w~th all and singular the tenements, hereditaments and appurtsrxes thereunto belonging w in anywise apperNining thereto, ind all rent~, iuues, G proceed! and profits accruing snd to accrue from said premises, all of which are included i~ the above and foregang dewipiwn and habendum. l TO HAYE AND TO HOLD the above desuibed and granted premises unto the said MORTGAGEE, its svccesson and auigns foreve?. Md ths said h~.qRTGAi~Ay,R ~for heirs, e:ec~tors, sdminislrators and assigns, hereby covenants with the said MORTGAGEE, itt successors and auipM, ' ~hat ---~+yi-$~-- lawfully sei:ed of the said premises in fee simple; that the same sre free, clear and diuharged from all liens and encurt?~ ~ brances in law or in equity, and that th~ will and their heirs shalf warrant and defend the title to the seme fo the iaid ~ N1dRTGAGEE, its successors and assigns, forever agains! 1he Iawful ciaims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore described +nd sh+ll trvly, promptly and fuliy perform, d~xharge, execute,~ complete, comply wifh and ab~de by each and eve?y the stipulations, agreements, conslitions and covenanfs of uid promissory note and of thia Mo?tgage, then this Mwtgage and the Estate hereby cieared shall cease snd be ~ull and void. Ii IS UNDERSiOOD thst the word "Mortgagoi' whether in fhe singular or plural anywhere in this Mortgage, shs{I be singular if one only ~nd shall be piural jointly and severally if more than o~e, snd that the wwd "their" as used snywhere in this Nlortgage shall be tsken to mean "his;' "hen," or "its;' wherever the context w implies w admits. Also, that wherever there is a reference in the covenants snd agre~ments herein contained to any of s rhe parties hereto, the ssme shall be co~strued to mean ss well as the heirs, legal representatives, successws snd assigns (either voluntary by act of the parties o? involunrary by operation of the law) of rF~e same and thar rhe covenants herein contained shall bind and the benefits and advantsgq irwra ro fhe respettive heirs, legal representatives, successors and ass'gns of the parties hereto. - And ~aid Mortgagors, for themse~ves and their heirs, legal representatives, successors snd assigns, hereby jointty and severslly covena~t and agree ro and with the said MORTGAGEE, its successors snd augns: l. To pay all and •ingular the principal a~d interest and the various and sundry sums of money payable by vi~tve of said p~omissory note, and thii mortgsge, each end every, promptly on the days respectively tFx same aeverally become due. 2. To {iay all snd ~inguls? the taxes, assessments, leviea, liabilities, obligations and enc~mb~ances of eve?y nature snd kind now o~ taid desuibed property, w Ihat hereafter may be imposed, suffered, placed, levied, w assessed thercon, or that hereafttr may be levied a usested upon fhis Mortg age, w the indebtedness secured hertby, esch and every, whcn due and payable, xcording to Isw, befwe they become delinquent, end before any iNereit - attathes w sny penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORU TNE SAME SHAII BE PROMPTIY SATISFIED AND D15CNARCsED OF i 5 ~ECORD AND THE ORIGINAL OFFICIAI DOCUMENT ~SUCH AS, fOR INSiAfYCE, THE TAX RKEIPT OR THf SAT!$FACTION PAPFR OfFIC1AlLY ENDORSE~ ~ OR CERTlFlED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not ' f ; pa~d, sat'sfied and discharged sa:d MOR1GAGfE may at any time pay the same w any pa?t thereof without waiving or affecting a~y option, lien, equity w - ~~~ht ur.der or by virrue of this mortgage and the full amount of each and every such paymeM shal) be immediately due and pay~ble and shsll bear interest ~~om the date thereol until paid af rate of mne pe. ce~tum per ann~m and together w~rh wch interest ~hall be secv.ed by rhe lien of th:s morytaye. ~ ~ ~ ~ ~ ~ htlt t1~,~ ~ ~ _ - . ~ x ~ ~ ~"~r~ y,~_~. . ~ ~'t-