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HomeMy WebLinkAbout2999 IG~Y V V IGr 1 V THIS INDENTURE. Made ~hs 12th day of December A.D. 19~2between kayne U. Sines, Jr. and Patricia A. Sines, his ~rife ~ , of County Florids, here~na(ter designated ss the "MORTGAGOR." and FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpwat~on organi:ed and ex~st~ng under the laws of the Un~red S~atos of America and having its principal place of busineu in the City of Fort Piace, S~. luue Counry, fiwida, hereinaiter drs~gnated as ~he "MORiGAGEE:' WHEREAS tM MORTGAGOR is juitly indebted to the MORTGAGEE in the sum of S 49, 400 . ~0 , qood and law(ul money of the Un:ted Srates advanced by the MORiGAGEE umo ehe MORTGAGOR, as evidencad by e cerra~n promiuay note of even date herewiih, of wh;ch fhe 1ol~owing in wo~ds and figure~ is a true copy, to-wit: s 49 i 400 . 00 ~ I c~[~ 141 ~ ~ forf Pierce, flwida, ~~'°t*h~a r 12 19 72 For value received, I, •ave or e~thrr of ~s, promise to pa w~thout defalcat~on, to the o~der of FIRST FEUERAI SAVINGS AND LO~~! ASSJ~Ii+TION OF FORT PIERCE at Fort Pierce, Florida, the sum ot s- 49' - w~th ~nterest from date at the ~ate of7_a~c~:o p~~ a~~num, in month~y :ns~all- ~nents as fol!ows: S-~8•n~ on the 10th day of April ~q73 and a like sum on 1he cwrespond,ng ~ay ef each n,emh ther.- atrer until the whok be fully paid. Each installment first shall be applied in payrnent of the i~terest and ~hen on the unpaid balance of the prinupal surr. If de!ault is mad' in the E•aymem of any installmenl when dve, and such defautt continues 30 days, then at the option of the holder, and w~thout any other notice, al~ t!x re~iainmg :nsrallments shall be Jue and payabie at once. Privilege is given to prepay this nofe in whofe or in part at any time without penalty. Neiti~er forebearance, nor acceptance by tha holder thereof aiter any detault in any payments hereon, shall be deemed extens~on. A late paymeot charge eF S- 17 • 9Y shall be ~cided to each insralfinent remain;ng unpa~d 7 days after its due date, and a hke sum shatl tx added to each such instailment remai~ir.g u~pa~d 7 days after each succeeding paymem date. Each maker, s~rety and endorser hereof, jo~ntly and severally, waives demand, presentment protest and no~ice of p~otest for nonpayment, and furthe~ a~rees to any exte~sion of t~rre of payment, either beFore or after maturity, wi~hout not~ce to any of us; and to pay all costs of collection, incfud~ng a reesonable attorney's fee in the event of any defau~t hereunder, artd hereby severally waives all benefit of homestead and exemption under the constitut'an a,~d laws of each State of the United States, as against this obligation w any extension or renewal hcreof. Witness the hand and seai of each par~y. ~5,~ 1,~~s~Tmo ij ~..._Sinag' lr _ (SEAI) (SfAI) (SEAI) $ 74.10 s/ Patzicia A_ Sines (senu ( - 1 State Revenue ~ ~ NOW, THEREfORE, the MORTGAGOR fw ihe purpose of securing payment of said sum of S 49i 40Q.00 and the performsncs of the covenants and agreements he~einafter eapressed, and fw d~vers good and valuabte considerations, by thex presents, does grant, bargain, sell, temise, release, convey and eonfirm unto the MORTGAGEE, its succeswrs and assi9ns, all that ce?tain lot, pitce or parcel of land, situate, lying, and being in the County of S2 . I.LiC 1Q and State of Fbrida, dexribed as fo~lows: Lot 15, Block 13,-SURFSIDE, Unit Two, as per plat thereof recorded in Plat Book 11, Page 8, Public Records of St. Lucie County, Florida. ~ ~ RECEIYED IN PAYME?fT OF TA7~S ! " STATE flF F L-~ R~ D A~ DUE ON CLASS 'C IflTAN616LE PE'S04"~ PROPER(Y~ DOCUMfNTARY.~`~ STAMP tAY ~ PURSWNT TO CFIM7ER Il•13l. ACTS OF 19/1. f ~ E °c-' ~ UEP1. OF itfYENt)E R06ER POITRAS ~ ~r v- ` f= 7~ I O t Clff~l CIRCUR CQURT. Si. UICIE OU~ F(~ ~ ,t~ _ = :C 1,1T ~-t~ 1 c~ ° _ p~ ~ _t ~ ~ fti02 ~ s O ~ ~ rogether with all and singular the tencments, hereditaments and appurtances therevnto belonging ot in anywiu appertaining thereto, and all rent~, iuues, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing defuiption and habendum. ~ TO HAVE AND TO NOID the above desuibed and gnnted premises unto the said MORTGAGEE, its successors and auigns fweve~. And the said N10RTGAGOR for - thQ1Z--- - heirs, e:ecutws, administrators and assigns, hereby covensots with the said MORTGAGEE, its succeuo?s ~od ~uiyro, ~ rhat -th~-~e lawfully seized of the said premises in fee simple; that tl~e same are free, clear and discharged from sll liens and encum- brances in law or in equity, and that thP~/ will and _~Z3B~ hein shall warnnt and defend the title to the same to the said MORTGAGEE, its svccessws and assigns, forever sgainst the lawful claims and dem~nds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore described and shall truly, promptly ~ and fully perform, dfscharge, execute, comp~ete, comply with and abide by each and every the stipulations, agreements, conditiona snd covenanri of aid promisswy note and of this Nbrtgage, then this 1Nortgage and the Estate heroby created shall cease and be null~and voEd. 3~ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the s~ngular or pIu?al snywhere in thii Ntortgsge, shall be singular if one only ~nd shall be plural jointly and xverally if more tha~ one, and that the wad "their" as used anywhere in this Mortgage shall be taken to me+~ "hit;' "hen," ~ or "its," wherever the context w implies a admits. Alw, that wherever there ii a reference in the covenamt and egreemenri herein contained to sny of ~ rhe psrties hereto, the same shall be const?ued to mean as well as the heirs, legal representstives, successors and assigns (either voluntary by +d of the parties or involuroary by operation of the law) of the ssme and fhat the covenams herein cootained shall bind and the benefita and advsntsges inure ~ ro the respective heirs, legal representatives, successo?s and ass~gns of the parties hereto. ~ And said Mortgagors, iw themulves and their heirs, legal representa~ives, successors ~nd assigns, hereby jointly and severally covensnt snd sgree ~ fo and with the said MORTGAGEE, its successo?s and assigns: 1. To pay all and singvlsr thc p~incipal and interest and tFx various ~~d sundry sums of money payable by virtue of said promiuwy note, and this ~ mortgage, each and every, promptly on the dsys respectively the same severslly become due. ~ 2. To pay all snd singular fhe t+xes, assessments, levies, liabilities, obligations and encumbrances of every nstvre and kind ~ww on said dexribed ~ properry, or that hereafter may be imposed, suffered, plxed, levied, or sssessed thereon, w that hereafter may be levied or assessed upon this Mott¢ ~ age, or the indebtedness secured hereby, each and every, when due +nd paysble, accwding to law, t=fue they become delinquem, and befue ~ny iMerest at+zches w a~y {:enalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALI BE PROMPTLY SATISFIED AND DISCNARGED OF RECORD AND THE ORIGIIvAI OFfIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSED ~ c~R CERIIFIED) SHAII BE PLACED IN iHE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the event that any fhereof is not ~ pa~d, sat sfied and discharged sa~d ti10RTGAGEE may at any t~me pay the same or sny part thereof without waiving w affecting any option, lien, equity or •~~ht unde~ or by virtue of this mortgage and the full amount of each and eve?y such psyment shsll be immediately dve and payable snd shall bear interest t~= ~rom the dste thereof until paid at rate of n~ne per centvm per annum and together w~th such iMerest fha~ h~a~~~ b th 1' n of eh:s mor t Y 9 +9~• u ~i ) S:ItN! ~v ~'A~? ~ 3 ~ : - ~ 4 r ~ ~ ro~~ ~ ~