HomeMy WebLinkAbout3075 ;~436'7•~ l~
THIS INOENTURE. Made ihe 3rd day of _ NOVel~er A.D. 19 72 be~+~ee~
~ Msell J. Lannaaa?A as~d I M. Lannaaan his wi
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of St. ~.11C1@ Ccunty Florida, hereinafter des:9nated as the "MORTGAGOR." and fIRST FEDERAI SAVIN66 ^AND LOAN
ASSOCIATION OF FORT PlERCE, a corporation organized and e~~st~ng under the laws of the U~~ted Statos of A~rxrita and having iti principal place of
b~s~nes~ in ~he City of Fort Pierce, St. lucte Coun~y, Florids, hereinafier des~gnated es the "MORTGAGtE."
WHEREAS the MORTGAGOR is jusNy indebted to the MORTGAGEE fn the sum of S-~~;3QQ-~~Q---• 9ood and lawful mo~ey of the Un:ted
S~ates advanced by tha 1d~RTGAGEE vnro the MORTGAGOR, os ev~danced by a certa~n promissory note oi e~en da+p herewith, of which the ioilow~~~g in
.,~ords and figures is a true copy, to-wit:
g 20~,300.00 No 10019021
Fo~t P~z«~, Flwida, Nove~ober 3 19 72
For ~awe-r?ce+~ed,.l, ,wa or e,ther of us, proa~ise tn paY. wilh~ut defa;c.~+~on, to the order of FIRS~ fcDERAI SAVINGS AND I~AN ASSOCIATION OF _
-:;2( PIERCE a~ Fort Pierce, Florida, the s~m ot S-~f~~s~---- w,:h ~nrrrest from dare ai tF~e ratr of _?s~°o per annum, in monthly i:~sialt-
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-~~~"ts as fo~:ows: S-_ 1~1~~__ on the l~~h 3ay of April 19 _73 and a Gke sum on the co:respond~ng day of each mon~h there-
errrr w~t~~ the who:e be fully paid.
~ Each ~nsralLnent first shal{ be app~~ed in paymrnt of the interest and the~ en the unpa~d b6lante of the princ~pal sum. If defauSt is made in fhe
~~s,ment of any insta~lment .vhen due, and wch default continues 30 days, then at fhe op~~on of ihe hoider, and without any othet notice, all the rema~nmg
•:sraNmeros shall be dur and payabie at once. Privilege is given to prepay th~s ~ote in whole or ;n part at any time without penalty, Neither torebearante,
, r.or acceprance by the holdar thereof aiter any defauit in any payment~ hereon, shall be deemed eztens~on. A late payment charge oi 5--7~
SS-. shall be
. ~cil,d to each installment remain~ng unpa~d 7 days after its due date, and a I~i:e sum shall be add~d to eo~t~ wch inatallmeM temaining unpaid 7 days after
each sutteeding payment datr. •
~ Each maker, wrety and endc~se~ hereof, jo~ntly and severally, warves demand, presenr.nent protest and not,_e of protest for nonpaym~N, and funher
; ~grees to any extension of rme of payment, cither before or after maturrty, without not~ce to any of us; and to pay ali cosfs of collection, indud:ng a
, ~~~~;onab~e attomcy's fee in rhe event of any dr(~utr hereundrr, and hereby se~erally wa;ves all benef~t of homestead and exemption under the constitution
~ d:~.ws of each State of the Unrted States, as aga~nst this obl~gation or any extens~on w renewal hereof.
Witness the hand and seal of each party.
~ S~ 5611 .I• (SEAI)
~
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s~ VY • (SEAt)
(SEAL)
_ $ 3~.45 ~ Srate Revenue ,
;S~ws.c~rr4sd ou~ ar+a+wl~trL
, ~ NOW, THEREfORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 2 l3~~~ and the performance of the
~ covenants and agreeme~b here~nafter expressed. and for divers good and valuab!e co~s~derations, by these pre:ents, dces g~ant, bargain, sell, remise,
~aiease, convey and confirm unto the MORiGAGEE, its ~uccessors and assigns, all that «rtain lot, piece or parcel of tand, situate, ly~ng, and beiag in the
Counry of $t. Lueie and Stste of Florida, described as follows:
Lot 20, Block 351, Port St. Lucie, Section 25, as pez plat thereof
on file in Plat Book 13, Page 32, of the Public Records of St. Lucie
County, Florida
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~ `a ~ aOCUMENETq~Y F~,O~~ ~ li0 {N PAY~IENT OF TI~E~
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~ _ REYEtiUf ~ STA~p tr~ , p~E ON CU1SS'C' INTANGIBLE PE=:~J:~~l PFO~ER .
~ c =;;-,1~• ~ - PURSLfANT TO CNAPTER 71-134. ACTS Of lyll.~
~ - ~-a ~ . ~ ~ y' ROGER POITRAS ~
~ o = ~11~? w~ . 3 0. 4 5 ~ C1F.RK CIRCUIT COURT~ Si. UlC1E 00-. FlA
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~ together with sll and singular the tenements, hereditaments and appurtances thereunto belonging a in anywise appertaining thereto, and sll rents, issues,
o~oceeds and profits accr~ing and to accrue from said premises, afl of which are included in the above and foreya~g description and habe~dum.
~ TO HAVE ANU TO HOID the above descr~bed and granted premises umo the said MORT6AGEE, its ~uccessws and assgns forever. And ths said
h'.ORTGAGOR for --~~Q;S----- he~~s, executors, administrato.s and assigns, hereby covenanis with the s~id MORTGAGEE, its sutcessors and auiflro,
the are 9
~ ~tiat _ Y------- lawfully se~zed of the said prem~ses in fee simple; that the same are free, clear and dixhar ed from all liens and encum-
~ their heirs shall wsrrant and defend the title to the ssme to the said
E;~ brances in law or in equ~ty, and that thev W~11 and
~ MORTGAGEE, its successors and assigns, forever against the tzwful tlaims and dema~ds of all persons;
- PROVIDED, AlWAYS that if fhe MORTGAGOR shall pay unto the MORiGAGEE the promiuwy note hereinbefore desc?ibed and shsll truly, promptly
;j and fully perform, discharge, execute, complete, camply with and abide by each and every the stipulations, agreements, conditions and tovenanq of said
Prom~sso.y note and of this Mortgaga then this Mortgage and the Estate hereby created shall cesse and be nvll and void.
y`„ IT IS UN~ERSTOOD that the word "Mortgaga° whether in the s~ngular or plural snywhere in this Mortgsge, shall be tingular if w~e ooly and
ihall be p~ural joi~tly and uverally if more than one, and that the wwd "their" as uscd snywhere in this Mortgage shall be taken to mean "his," "hers,"
`2 or "its," wherever the contex? so implies w admits. Also, thal wherever there is s reference in the covensnts and agreements herein co~lained to sny oi
- rhr parties hereto, the same shall be construed to mean as well as the he~rs, legal representatives, successors and assigns (eilher voluntary by act of the
parties or involuntsry by operation of the law) of the same and that the covenants herein coaHined shall bind and the benefits and advantsges inure
ro lhe respective heirs, legsl representatives, successo+s and ass~gns of the parties hereto.
And said Mortgagors, for themsetves and their heirs, Iegal representatives, successws and auign~, hereby jointly and severolly cove~ant and ayree
fo and with the wid M.7RiGAGEE, its successors and assigns:
1. To pay all and singular the principal and inrerest and ~he var~ous and sundry sums of money payable by virtue of said promissory note, and this
mortgage, each and every, p~omptly on fhe daya re~pectively the same xverally become due.
2. To psy all and singvla~ the taxes, assessments, levies, liabil~ties, obligations and enc~mbrances of every nature and kind now on said deuribed
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properry, w that hereafte~ may be imposed, suffered, placed, lev~cd, or auessed thereon, or that heresfter may be levied w usessed upon this Mori9-
age, o~ tha indebtedrress secured hereby, each and evay, when due and payable, accwding to law, befae they become delinqvent, snd be~ore any interest
;~jx arraches w any penalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORO THE SAME SHALt HE PROMPTLY $ATISf1ED AND OISCHARGEO OF
RECORO AND THE ORIGINAL OFfIC1Al DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALtY ENDORSED
:s~ OR CERTIf1ED) SMAII BE PLACED IN iHE HANDS OF Sf.ID MORTGAGEE WITHIN TEN DAYS NEX~ AFTER PAYMENT; and in the event that any thereof is not
paid, sat'sfied and discharged sa d MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity or
_ .~qhf u~der or by virtue of this morrgage a~d the full amou~t of each and every such payment shall be immed~ately due and payable and shstl besr interest
~.om the date thereof until paid af rate of n~ne per centum per annum and together w~rh wch interest sF}all ecured by the lien of th:s morgtage.
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