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HomeMy WebLinkAbout2283 ~431~0 ~ ~HIS INDENTURE. Made the 28th day of November A,D. 19 72 betwten _ Ernest E. ChandZer and Paul ne E. Chandler, his wife of St • j.t1C1@ ~p~~ty Florida, hereinaftar desgnated as the "MORTGAGOR." and FIRST FFUFRAL SAVINGS AhD IOAN ASSOCIATfON OF fpRi PlERCE, a corpwat;on wgani:ed a~d exls~ing undrr the laws of the Un~1ed Statos of America and having ib principal place of busi~esi in the Gity of For~ P~erce, St. l~cie County. Florida, hxeinafter desi9narad ai the "MORiGAGEE:' WHEREAS the MORTGAGOR ii ju~tly indebted to tM MORTGAGEE i~ the sum of = 22t7~•~ , good and lawful money o~ the Un:ted Ssares advanced by the hIORTGaGEE unto the MORTGAGOR, as ev~denced by a caria~n pro~nissory note of ~~en dafe herew~th, of wh;ch the following in words and figures is a trua copy, to-wit: s 21, 700 . ()O no 104~ 1Q4 fwt Pierce, Flw~da, Nove~aber 28 ~q 72 Fw value received, 1, we or eithe? of us, prom~se to ay, wilhout defa!cat~on, to the order of FiRST FEDfRAI SAVIIJGS AND ~OAN A.`.:>OCIATiUAt OF ~ORT P(ERCE at Fort Pierce, florida, the sum of j,~~~ _ N~ith interest from date at the rate of S°o per annum, in monthly ~~sull- ~rnrs as fo~'ows: S- 175•0O on the lOthday ot Mareh ~q73 and a likt wm on the cwrespond~ng day of each r.~omh there- airer until the whole he fulty pa~d. Each installment first shall be app!ied in payR~ent of the intereat and the~ on the unpaid balance of the prinupal sum. If detautt is made in the cs~rment of a~y insraftment when dae, aod such defauh continues 30 days, then el the option of the holdes, and without any other notice, all the remaining :nstaltments shall be dvr and payabie at once. Privitege is given to prepay this note in whole or in part at any t~me withoul penalty. Neither forebearatxe, nor acceptance by the holder thereof aiter any default in any payments he~eon, shall be deemed extension. A late payment chsrge of S 8'75 shali be edded to each instaltmrnt ~emaining unpa~d 7 days aiter its due date, and a l~;ce sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, svrety and endorser hereoi, jointly and severally, waives demand, presentment protest and not~ce of p~otest for nonpayment, and further agrees to any eztension of t~me of payment, e~ther before or a(ter maturity, without notice to any of us; and to pay al! costs of collection, includ~ng s ,e,~sonanle attorney's fee in the event of any default hereunde?, and hereby severally waives all benefit of homestead and exemption under tix constitution ~^d lauvs of each State oi the United States, as aga~nst this obligalion or any extension or renewal hereof. Witness the hand and seal of each party. (SEAI) ~ S/ Ernest fi. Chandler (SEAI) S Pauline E. Chandler «A~~ ~ $'32.SS ~ State Revenue «U (Stacops taacstted~ ~ci9inaLoote) NOW, 7HEREFORE, ihe AAQRTGAGOR for the r 21 ~ 7~ pu pox of securing payment of ssid sum of = a~d the pe~formance of the covenants and agreements hereina4ter expressed, and for divers good and valuable conside~ations, by these presents, does g~ant, bargain, xtl, remise, re!ease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, situate, lying, and being in the County of St. Lueie snd State of Florida, dewibed follows: The East 95 feet of Lot 2, of PALM VIS?A PARK SUBDIVISION, as per plat thereof on file in Plat Book 7, at Page 2g, of the Public Records of St. Lucie County, Florida, ~ STATE oF FL~RIDA. ~ OOCUMENTARY,~~STAMP TA>: ~ s'` DEPt, Of REVEhUE ~~..Ss ' - _ ~._c-s•~2 - - ~ ~r ~ - ~ ~ 32.55 ° - P.B. ~ " o~ nio2 ~'_y..~ I ~ a1N PAYMEKf OF TN(~.S • RECEIYED ~ DiIE QN CW"S 'C FNTMIGIBLE PERSONAL PRORERiY~ pURSt1ANT TO Ct1APTER 71-13~. ACTS OF 1911. nj('!~ ROGER POITRAS g" , , p.ERK GIRCUR OQURT~ ST. WCIE OOr FlJ? i I rcgether with all and singula~ the tenements, hereditaments and apportaoces thereunto belonging or in anywise apperraining thereto, and all rents, iuves. proceeds snd prof~ts accru~ng and to accrue from said premises, all of whicb are intluded in the sbove and foregang dexription and habendum. ! TO HAVE AND Tc~ HOLD the above described and granted premixs unto the said MORTGAGEE, its successors snd sssigns forever. And 1Fw s~id MORJGAC~OR fw - thQ1r---- heirs, executors, adm~n~stra~ora and a:s~gns, hereby covenanrs wifh the said MORTGAGEE, it~ successors and aaiyro, rhat - the-~/ a re-- lawfuliy sei:ed of the ssid premises in fee simple; that tt~e same are iree, clear and dixharged from sll liens and enc~m- ~ brances in 1aw or in equity, and that they will and their heirs shall warrant sed defend the title ro the ssme to the said MORTGAGEE, its successws and assigns, forever agsinst the lawful claims and demands of •It perw~s; PROVIDEO, ALWAYS thaf if Ihe MORiGAGOR shell psy unto the MORIGAGEE the promissory note hereinbefore dexribed and ~hall iruly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the itipulations, agreements, co~ditions and covenants of said prom~ssory ~ote and of this Mortgage, then this Matgage and the Estate he~eby ueated shail cease a~d be null ~nd void. IT IS UNDERSTOOD that the wad "Mwtgagor" whether in the singular or plural anywhere in thi~ Matgage, sball be singular if one only snd ! shnll be plural jointly and uverally if more than one, and that the wad "their" as used anywhere in this Mortgsge shall be taken to me~n "his," "hen;' or "its," wherever the context so implies or admits. Also, that wFxrever there is s reference in the covenants and sgreements herein tonbined ta ~ny of the parties hereto, the same shaN be construed to mean as well ss the heirs, legal representatives, iuccesson and asa"~gns (eithe~ vol~Mary by sd of the pareies or involuntary by operat~o~ of the law) of the same a~d that the covenants herein contained shall bind and tF?e benefits +nd advantsges inure rd the respective he~rs, legal representatives, succesaors and au~gns of the parties hereto. And said Mongagors, for thcroselves artd their heirs, leqal representativ~s, succeuws and sssigns, hereby jointly snd severatly covenant artd ayree +o s~d with the said MORTGAGEE, its successors and aasigrn: ! 1. To pay all and singvlsr the principal and interest ~nd the various and svndry sums of money payabk by virtve of said promissory note, snd fhit mortgage, each and every, promptly on tFM days respectively the same sererafly become dve. ; 2. To pay e~l ~nd singular the taxes, assessmeots, levies, liabi)ities, obligations and encumbrances of every r?~ture and kind nvw on said described i properry, w that hereafter may be imposed, suffered, placed, Ievied, w suessed lfxreon, p that hereafter may be levied p assessed upon this Mort¢ age, w the indebtedness secured F+ereby, esch and every, when due and psyablt, acco?dinp to Isw, befare they become delinqueM, a~d befae any inle~est a!~aches a any penalt/ is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD IHE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGED OF P,ECORD AND THE ORIGIKAI OfFIC1Al DOCUMENT {SUCH AS, FOR INStANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1ALlY ENDORSEO OR CERi1F1E0) SHALL BE PLACEU iN THf HANDS OF SAID 16{ORIGAGEE WITHIN 1EN DAYS NEXT AfTER PAYMENT; ar?d in the event that sny thereof is not , pa~d, sat"sfied and discharged sa'd MORTGAGEE may at any time pay the same w any part thereof without waiving w affecting any option, lien, equity p •~qhr under a by virtue of this mo~~gage and the fuil amount of each and every such paymem shall be immed:arely dve and payable artd ahall bear interes~ ~rom the date ?hereof until pa~d ar rate o~ n~ne pe? cen~um per annum and together w~th sucb ir~[er t 1 be secured_ b~ Gen of th:s morgta9e, lY 2% S~~ . ~~f ti ~ ~ , ~ ~ . , J~~ ~ ~