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HomeMy WebLinkAbout3073 - 2436'7 3 ~O December THIS INDENTURE. Made ~hr_ 15t day of A.D. 19 72 - between ' Harold Saithson, Jr.and Marianne Smithson, his wife of St. I.L1C1P ,~p~nty Florida, hert~nafter dts~~~iated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AhD IOAN ASSOCIATION OF fORT PIERCE, a corporation organized and ez~st~ng under Ihe laws of the Un~ted Staros of America and having its principal place of business in the City of Fort P~erce, St. luue County, Flor~da, hereinafter des~gnaied as the "MORiGAGEE:' WNEREAS the MORTGAGOR ~s justly ~ndeb?ed to the MORTGAGEE in the sum of S 22 a~---, good and lawful money o1 the Un~ted ;~ates advanced by the 1.SORiGAGEE un~o the MORTGAGOR, as evidrnc~d by a cer~a~n promissory note of even daie herew~th, of wh:~h the following in ..ords and itgures is a irue copy, fo-w~~: s 22,000.00 No 10019130 Port Pierce, Florida, December 1~ 19~_ fpr val~e ~ece~fed, 1,_we o~ eithe~ of us, prom~se to pay, wiifiout defa'c.n'on, to the order oF FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF ORT PIERCE at Fort P~erce, florida, the sum oF S--??s0~-~DO w,~F~ ~nt~~rest from date at the rate of71_5__°o per annum, in moNhly install- _:ns as fo:'o~ns: S--_163.00 ~he _IOL~lday of __M`~y _ , 19_ 7_3_ and a:ike sum on tfir correspond~ng day of each month there- ~ ~~~cr u~~ril ~he whole be fuily pa~d. Y~ Each +nsta~~n~enr Fint shall be app'~rd in pay+nrnt of the ime~est and ihrn on the unpa:d balance of the princ;pa~ sum. If defaulf is made in the . ;,;ment of any instal:n:e~~t when d.,e, and such defau!t continues 30 days, then at the option of the ho~dcr, and without any othe~ notrce, a~l the ~emaimng ~~srallments shall be duz and payab:e at once. P~ivilege is givan to prepay this note in whole or in pa~1 at any t~me without penalty. Neither forebea?ance, ~ . A _ 1 S_ ~s:.:'.'. :.-c: nor acceptance by the ho:der thereof aftrr any default ~n any paymenh hereon, sha~l be deemed extens~on. A!ate paymen~ c:,e~y~ : ~:ied to each instal~ment remoin~ng unpa;d 7 days after its due date, and a I~ke sum shall be addrd to each such ~nstallmero remaining unpaid 7 days after , rach sutceeding payment date. Each makrr, surety and endorser hereof, jo~~tly and severalty, wa~ves de~nand, p.esen:~~~rnt p~otest and not]ce of proteat far nonpayment, and further ,grees to any extens~on of ti~ne of payment, elrher before o~ aftrr maturity, without nor~ce to any of us; and to pay aIl costs of collxt~on, includ~ng a c-~sonab?e atrem~-y's fee ~n rhe e~enf of any defau~t hereunder, and hereby severa;ly wa~ves all benefit of homestzad and exemption under the ca+stitution ' ,,d ~aws of each Srare of rhe Unrtrd States, as aga~nst rhis ob:~gation or any ex:ens:on or renev.al hertof. ~ \ Witness the hand and seal of each party. / ~ ~ ' _ r ~ , ; r_____-_---~C~rO~1J~ iSEAI) • s/ Harold Smithson Jr. (SEAL) , ~ ' Y~lan~iolnau ~vr.A r., ~ _ L (SEAI) ~ s/ Marianne Smithson ~S~U $ 33 • 00 ) Stste Revenue ~ • . ~tS+ar.rpr c+ncelFed eer eriginal~ote) . ~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of = 22+000~~0 , and the performance of the covenants and agreements hereinafter expressed, and for divers good and valuabte considerations, by these presents, dces gront, bargai~, sell, remise, •~:ease, convey and confirm unto the AIORTGAGEE, its successors and assi9.+s, all that certain 101, piece or parcel of land, aituate, tying, a~d being in the County of $t. Lueie and State of florida, desu~bed as follows: Lot 1, Block 74, RIV6R PARK, UNIT 9-C, as per plat thpareof rn file - in Plat Book 15, Page 28, of the Public Records of St. Lucie County, Florida - f _ ~ ~ _ e ~ ~ STATE ~F FLDRlL7A ~ DOCUMENTARY.~. ; = Q ~ .~S T!~ M P r r. t ~ _ ~ ~N PAYMENT OF TIUIES ~ ~ _ DE?i.0i REVENVE ~:j'' ~ ~'T = - , i' S.,, ~ DUE ON. CIASS 'C IMTAN61BlE PE't~JP1~l r?0?ER(Y, 7i . i- n i . ° P~. _=cCls' jC ~ 3 3. U O ~ PURStIMIT 10 CFIAPIER 71-134. ACiS OF 19/1./>j~` ~ o = :I:~2 ~ ' ROGER POITRIIS ~V~ ~ ~ ~K CIRCUIT C~1RT. ST. Lt1CIE C0, Flll ~ ~ . ~ L'• ~ G ~ S ~ ~ togethe? with all and singular the tenements, hereditaments and appurtances thereunto belonging w in anywise sppertaining therero, snd sll rents, iuues, y~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above snd fwegoing description snd Mbendum. ~-r., TO HAVE AND TO HOID the sbove described and granted p~em~ses unto the said MORTGAGEE, its iuccessws and assigns foreve~. And ths aid ;f '.10RTGAGOR for --SbQU----- he~~s, eaewtors, admEnistrators and ass~gns, hereby covenaMS with the said MORTGAGEE, its succeuo?s and aisipns, rha• Iawfully se~:ed of the said prem~us in fee simple; that the same are free, clesr snd diuharged from all liens and encum- ;i brances in law w in equity, and that they W~~~ a~ their heirs shall wsrrant and defend the title to the fame to the said ~ 'AORTGAGEE, its successors and assigns, fwever against the lawful claims and dcmands of all pe~sons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissoty note hereinbefwe dexribed and shall truly, promptly l' and fully periorm, discharge, execute, complete, comply wi~h and ab:de by each and every the stipulations, agreements, conditions and covtnants of said promissory note and of this Mo~tgage, then thls Mortgage and the Estate hereby created shall tease and be null and vo~d. IT IS UNDERSTOOD that the word "Mortgsgor" whether in the s~ngular o~ plursl anywhere in this Mat9age, shall bt singular if one only ~nd y~ ;"t shall be p~ural jointly and severally if mwe than one, and that the wwd "their" as used snywhere in thit Mortgage shsll be taken to me~n "his," "hers," - or "its," where~er the context w implies or admifs. Also, tl~at whereve~ there is a reference in the covenants and sgr~ements herein contained to ~ny o( - rhe parties herefo, the same shall be construed to mean as well as the heirs, legal representativet, successws a~d ss~igns (either voluntary by +tl of the aarties or involunta?y by operation of the Iaw) of the same and that the covenants herein comsined shall bind and the benefit~ and advantsgp inure : fo the respective heirs, legal representatives, successws and asrgns of the part~es heroto. - And sa~d Mortqagors, ior therr.selves and their heirs, lega! represen~atives, successas and assigns, hereby jointly and severally covenant and ayree +o and with the said MORTGAGEE, its successors and assigns: ~ 3 1. To pay aii end s~ngular the prinupat and interest a~d the various and sundry sums of money payable by virtue of saEd promissory note, ~~d this mortgage, each •nd every, promptly on the days respectively the same severally bec«ne due. 2. To pay ell and s~ngular the taaes, assessments, levies, liabilities, ob~igation• and encumb~arxes of every natu?e and kind now o~ said described property, or that hereafter may be imposed, sutfered, plKed, levied, or auessed therean, a that hereafter may be levied o~ asiessed upon this Mort~- - age, w the indebtedness secured hereby, exh and every, when due and payable, xcwding to law, before they become delinquent, and before a~y interest arraches w any penadry is incu.red; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMAiIY SATISFIED AND DIS~HARGEO OF RECORD ANO THE ORIGIhAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SAT!$FACTION PAPER OFFICIAIIY ENDORSE~ OR LERTIFIED) SHA[l BE PIACED IN TNE HANDS OF SAID MORTGAGEE WITHI~I 1EN DAYS NFX~ AFTER VAYMENT; snd in the evem that any thereof is not `3= ne~d, sat sficd and d~schar ed sa"d MORTGAGEE ma at an time a the same or an art thereof without waivi or affecti an tion, lien, ~it w - 9 Y Y P Y Y P ^9 ^9 Y oP ~4 Y •~qht under or by vlrrue of this mortgage and the full amount of each and every s~ch paymeM shall be immediately due and payable and shall besr iMerest trom the date thereof umil pa~d a+ ratF of mne per ce~tum per annum and together w~th such interest ~1 cured by the lien of th:s mwgtaye. ?~1(R,~?~~~7 PAGf ~J - ~ * _ , _ . _ .',<=z x.;~n~