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HomeMy WebLinkAbout2746 ~?~uY ~ i ~ . v THIS INDENTURE. Made ~he ~th da or _ Navember A.O. 19 72 berween Hulen N~alker an ttie . a es, is Mi e. of St • LuCi@ County Ftorida, hereina(ter designat , h tfie "MORTGAGOR," and FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corpwatio~ wganized and exist~ng unde~ the I~ws of fhe Un~ted S~atos of America and having itt p~incipal p!ice of bu~~ness in tfie City of fwt Pieres, St, luc~e County, Flwida, he~einafter des~gnatad as tM "MORiGA6EE:' WHEREAS the MORTGAGOR is justly indebted to Ihe MORTGAGEE in tha sum of j 28 , good and lawiu~ money of the Un~ted S+ares advanced by the IAORTGAGEE unto iha MORiGAGOR, as evide~ced by a certaln promissory note of even date herewith, of wh~ch the foltowing in rords and figures is a uve copy, to-wir s 2$,~00.00 ~ 10019~3~ Fort Pieres, Flwida, Nove~ber 7 19, 72 fw value received, 1, we or either of us, prom~se to pay, wi~hout defalcat~on, to the orde? of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIO~I OF ~;'Ri PIERCE at Fort Pierce, Flo~i3a, the sum of S--'2-8-1~~•~ _ with in~arest f~om date at the rate of ?•So per annum, in mo~ithly install- O 00 1Gth ~ Fe1~Y uaYy 73 ~„rs as fo;!ows: 3-~ 7:___ on the day of 19__ and a like sum on the correspood~ng day of each month therr a'~er ~nt~l the who:e be fu~ly pa~d. Each .nstallment fust shall be a~plird in payment of tho interest and then o~ the unpaid balartce ef the p~inc;pa) sum. If default is made in the .~nent oi any insra!lme„t when due, and such defauU continues 30 daya, then at the option of the hoider, and without any other notice, all the remaining .>ralt~nents shall be d~e and payab:e at once. Privilege ~s given to prepay this rate i~ whole or in part at any t~me without penafty. Neither forebeararece, accep~ance by the hoider thereof aiter any defauh in any payments hereon, shall be deemed exten:ion. A late payme~t charge of S 1O•3~hali be ~ t.P-3 to each installrnent ~emafn;ng unpa~d 7 days after its due date, a~d a fike sum shall be added to each such installment remaining unpaid 7 days after e ~ch succeeding paymem date. ~ Each maker, surety arid endorser hereof, jointly and seve~ally, waives demand. presentment protest and notice of protest for nonpayment, and furfher +~~ees to any extens~oo oi rin,e of payment, either before or afrer maturity, without notlce to any of us; and to pay a~l cosrs of collection, includ:ng a ,:..sonable arforney's fee ~n tt,e eveN of any defau.t hereunder, and hereby seve~ally waives al~ benefit of homestead and exemption under the tor~stit~tion ~ ~~i laws of each State of the United States, as against this obligation w any extension or renewal hereof. Witness the hand and seat of each party. S/ 1¢n Wa e7c ~Al) ~ tsEni~ s ottie wal er ~Ay $42.OU -~'o f~ ' ~ - (sEaU l - ) State Revenue ;Sre.nps esw~eNeJ ~ erigi~wl~no+e~ NO'N, THEREFORE, the MORTGAGOR fw the purpo~e of seturirg payment of said sum of s_ 28_.s 0O a~d the perfwmance of the cevenants and agreements he~einafter eapressed, and for divers good and valuab:e considerations, by these presents, does grant, bargain, s~ll, remise, ~~-+ease, convey and confirm unto the MORTGAGEE, its succeswrs and augns, all ihat certain Iot, piece or parcel o( land, situate, lyiny, and being in the County of St • LuCiQ snd State of Fbrida, dexribed ss fol{ows: I.ot 24, Block 5, LAK6WlOOD PARK , UNIT 8-A, as per plat thereof on file in Plat Book 11, Page 47, of the Public Records of St. Lucie County, Florida / STATE ~F F~--ORtDA ~ ~ ° OOCUMENTARY d;~,STAMP j A> I r = ~ ~ ~ ~ i~fPT.OF REYEt1VE.~` ~ RECEIVED = . C"O 1M PAIIMENT OF TAX~S ~c ~ _ = ~~Cti'72 ~ ~ O O , DIIE Od CU1a,^S'C' INTAMGIBLE PERSONAL PROPERIY c~ = P~ :C~ PURSUAMT TO CHAPIE~ 7I-134, ACTS OF 19)1 ~ o =+~~02 ROGfR POITRAS }77l'~ CIERK CIRqIIT COIIRT, S1 WCIE C0, FLJL rogctFur with ali and singuisr the fenements, hereditaments and appurtancea thereunto belongirg or in anywise sppertsining thrreto, and all rents, iuues, a~oceeds and profits accruing and to accrue from said p?emises, all ef which are included in the ~bove and foregoing description and habendum. TO HAVE AND TO HOLD 1he above described and granted pr~mises unto the said MORTGAGEE, its successon snd asaigns for~ver. And ths said h+.ORTGAGOR ta their____ executws, administrarors snd assigns, hereby covenants with ti?e isid MORTGAGEE, its successon and auigns, ,~dt _the~are ~aWf~u se~:ed of the said Y premixs in tee simple; that the ume sre f?ee, cle+r and dixharged irom aH liens and encum- c~ances +n faw or in equity, and thst_ they r,,;~( a~ theiY ~~n :hall warrant and defend ihe titlr to the same to ti~s said MORTGAGEE, its successors and ass~gns, fwever against the Iawtv) daims and damands of all perspns; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the NtORTGAGEE the promiuory note hereinbefore dewibed snd shall truly, promptly and fully perform, discF?arge, execute, complete, comply with and ab~de by each snd every Ihe stipulatio~s, sgreemenn, conditions snd~covenants of ~aid prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOpO tha~ the word "Mortgsgp" whether in the s~ngulx w plural snywhere in this Mortgage, shall be singular if one only ~nd shall be plurat jointly and severally if more than one, and that tFx wo.d "the;r" as used snywhete in thn Mortgsge sha(1 be tsken to mea~ "his," "1xn," or "ifs." wF~erever rhe context so implies o? admits. Alw, thst wherever thcre is s referente in the covenants and agreement~ herein conteined to any of rhe parties hereto, the same thall be construed to mean as well ss ~he heirs, legal representstives, successors and auigns (either volumsry by act of the panies or involun~ary by operat~on of the taw) of the ssme.. and that the corenants herei~ contained shall bind and the benefits ~nd sdvantages inure +o the respective heirs, legal representa~ives, succeuors and ass~gns of the parties hereto. And said Mortgsgors, fw themselves and their heirs, legal ?epresentatives, successws ~nd suigns, hereby jointly and severslly tovenant and a9ree to and with the sa;d MORiGAGEE, its successors and assigns: 1. To pay alt and singulsr thc principai and interest and the vsrious and sundry wms of money payable by virtue of said promissory note, and this mwsgage, each and every, promptly on the days respectively the same severally becort~e dve. 2. To pay all and sing~lsr tlx taxes, asscssments, lewies, liabilities, obligations and enc~mbrsrxes of every nature snd kind rww on ssid described P~operty, w that hereafter msy be imposed, suffered, plxed, levied, o~ auessed thereon, w that hereefter may be levied w assessed upon ihis Mort¢ age, or the indebtedness secured hereby, !KI? ~?Id lVHy, when due and psyabk, xcwding to law, befwe they become delinquent, and befwe ~ny interat anaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPTIY SATI$FIED AN~ OISCHARGEO OF RE~ORD AND THf ORtGI?yAl OFFlClAI DOCUMEl+1T (SUCH AS, FOR 1NSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any tF+ereof is not pr~d, ssYSfied and distharg~d sa:d MORTGAGEE msy at any t~me pay the same p any part thercof without weiv'rng w affectirg any option, lien, eqvity p •~qht under or by virtue of this mortgage and the full amount of each and every such payrrtient shall be immediately due and payabfe and shall best interest j~~ 3are ~her~f until pa~d at rate of n~ne per centum oer annum and together w~th such interest sh~ll be ucured by the lien of th:a morgtaye. t t~~r.~~J~ PAGE~~r~S v x ~ ~ ~ ~ ~ ; ' ~ ~''.~-''~~Z'~ n`ra rc f n4 i ~-~~~'~a ..~c~' ~c~.."Y~F , ^9~~~~ .