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HomeMy WebLinkAbout3222 ~:•~3`7bj8 TNIS tPtDE1VTURE. Madz rAe 1-~'tr day ef I.~Cem~er A,O. 19 72 between _i '~filliam K. Hitt and Mn Zi. Nitt! his wife, ~q ~t,. Id1C1A CouNy Fiorida, he~r~naiter des~gno~ed as the "A;Ok1GAGOR," and FIRST FEDERAI SAVIr;GS AtiD LOAN ASSOCIATION OF FORT PIERCE, a corporatio~ organized ar~d ex~sting unde~ the laws of fhe Un~t¢d StaiQS of A+~ ~~pfl h~yng,~~ ~prirxiRa~, pla.e of buslness in the City of fo~t Pierce, St. lucie County, Florida, he~eii:after des~gnated as rhe "MORTGAGEE:' 1!' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE ~n the sum of S-~!~ good ar,d la~vful money oi tne un:iro S•ates advanced by the ~AORTGAGEE unro the h10RTGAGOR, as ev~danccd by a cerra~n promissory nare of even data herew~th, of wh~ch th! iol~owing in .+ords and figures is n trua topy, to-wit: s~.8oo.e~ No_ iooi93y7 Fort Pierce, Flaida, ~cember Z~~ 19 72 ior va~ue receiv~d, I, wr or ei~fier of vs, prom:se to pay, w~~hout defa!:.~r.on, to the order of fIRST fEDERAL SAYINGS AND LOAN ASSOCIATtON Of ~ JRT PIERCE at Fort P~erce, F~or~da, thr sum of 5- 3~-i~~!~~ _ w:is~ ~n!~rrst from date at the rote of per annum, in manthly instaN- -~ts as fol!ows: E 16~!~-__ on the Z~th dar or =_ebruazy ,~9 and a GAe svm on the correspond,ng day of e3ch n:onth thert- ~"rr un~il the who:e be fu1{y paid. Each installrnenr first sha11 be applird in payment of tne interest an~{ t#~rn o~ the ~npaid balance of the princ:pal sum. If detault is made in the ..~nent of any instal!:nant whzn due, and wch default cont~nues 30 days, the~ at the option of the hoider, and without any other nor~ce, al! the remain;ng >!allmerrts shai! be dve arid payab;e ar once. Pt~viiege is given to prepay thfs note in wi~ote or in part at any t~me viithout penalty. Ne~t~e Iforebearance, „o. acceptance by the holder thereof after any default in any paymems hereon, shalf be deemed extens~on. A late payment charge of S_ shall be ~.i_-d to ezch installment remain~ng unpa~d 7 days after its due date, and a I~i,e wm ihail be added to each such instaitment remaining unpaid 7 days after .-,,;h succeeding payment date. fach maker, swefy and endorser hereof, jointly and severally, waives ciemand, presentrnenl protrst and notice of prot~~st (or no~tpayment, and f~rther +~•ees to any eztens~on of time of poyment, elrher before or ~frer marunry, ~x~thout not:ce to any of us; and to pay ail cests of coilection, includ:ng a ,sunable attomcy's fze ~n the eveM of any defau:t he~eunder, and heiabp sa~ern~iy waives all benefit of hamestead and exempt~on vnder the constitution ~i laws of each State of ihe United States, as aga:~~st th~s obt~gaaion or am~ extrns~on or renewal hereoi. W~tness the hand and seal of each party. S~_ Wil 1 i am K_ ti i t t iS~At? tsFAU ; ~i Ann k'. Hitt tsEni~ ~ 9 ..l o (SEAL) 4 ) State Revenue ~5~an+pr ear+eeMed~ err erigi~,eh-nore) NOW, THEREFORE, the MORTGAGOR for the purpose of secur~ng payment of said sum of S 1-Q~~~~~ snd fhe performance of the covenants and ~greements hereinatter expressed. and for d~vers good and valuab'e cons~derat;ons, by these presents, dces grant, barga~n, sel1, remise, ~~.ease, convey and confirm unto the MORTtiAGEE, its successora and aas~gns, a11 that certain lot, piece or parcel of land, situate, lying, and being in fhe :ounty of ~t. I.11C10 , and State of Fforida, described as iotiows: Lot 16, Dlcck 6, SLRFSIDE SLBDIVISICIv, iR1IT ~IO. 1, according to the plat thereof recorded '_n °lat Book I0, page 17, of the Aiblic Fecards of St. I,ncie County, Flcri~a, ; ~ e ~ S '~'A'~' E ~ FLORiD~. ~ c~ ~ DOCUMENTARY ~.SttiMP_7t.~: ~ = UEPi.OS itEYENUF ~ ' V' _ o= Pa= 2 9. 10 ~ o = ~~~oz _1 RECEIYED 5~~~-~l=~=- IN PAY~~ENT OF TAXES ! D'JC Otl CLASS 'C' INTANGIBLE PE~tSUtAI ~ktii'i."niY. ~ PURSUANT TO CNAP~ER 72•134. ACTS OF 1911. ; ROGER POITRAS ~ CLFRt( CIRCUIT COURt, S?. LIl01E C0, FUt~ F f !cgether wifh all and singular the tenements, hereditaments and appurtances thereunto belongirvg w in anywise appertaining thereto, and all ~ents, issues, ~ c~oceeds and profits accruing and to acccue from said premises, all of wh~ch are included in the above and fwegoing description and habendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORiGAGEE, its successors and assigns foreve~. And ths said '.',ORTGAaG~O,R fw -----the ~,-r he~rs, exec~tors, adm~nisrrators and as:igns, hereby covenants with ~he ssid MORTGAGEE, its succeuors and assigru, •har --vaie-~'-~}-'-t'--- tawf~lly seized of the said prem~set in fet simple; thst the same are free, clear and dixharged irom all liens and encurt?- brznces in law ar in equi?y, and that they will and the ir heirs shall warrant and defend the title to the ume to the said h10RTGAGEE, its successors and assigns, forever against the Iawful claims and demands of all persons; PROVIDED, AIWAYS that if the MORiGAGOR shall pay unto the ~AORTGAGEE the promissory note hereinbefwe described and shatl truly, promptly rnd fulty perform, d~sciwrge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and tovenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cesu and be null and void. IT !5 UNDERSTppD that the word "Morlgagw" whether in the s~ngula~ w plu~al anywhere i~ this Mortgage, shall be singular if one only and ; snall be plural jointly and severaffy if mwe than one, and that the word "the~r" as used anywhere in this Mortgage shall be taken ~o mean "his;' "heri;' cr "its," whe~ever the contexl so implies w admits. Alw, thaf wherever there is a reference in the covenants arid sgreemeMS herein contai~ed to any of ~he pa.ties hereto, the same shalt be construed to mean as well as the he~rs, lega( representatives, successors and assigns (either voluntary by av of the parries or involuntary by operation of ~Fre law) of the same and that the covenants herein contained shall bind a~d the benefits and advantage~ inure ~o the respective heirs, tegsl representatives, sutcessors a~d ass~g~s of the parties hereto. And said Mortgagors, for themselves and their heirs, tegal rep~esentatives, successors and assigns, hereby jointly and severaity covenant and agree +o and wirh the said MORTGAGEE, irs successors and ass~gns: 1. To pay a;l and ~ingular the principal and interest and the various and sundry sums of money payable by virtue of said prom~ssory note, and this ; mo~tgage, each and every, promptly on the days respectively the same severally become due. 2. To psy all and ~~ngufar the taxes, assessments, levies, liabiliries, obligations and encumbrances of every nature a~d kind raw on said drscribed properry, or that hereafter may be impoted, auffered, placed, levied, or assessed thereon, or that hereai~er may be levied w assessed vpon this Mwty- age, or the indebtedness secured hereby, each and every, when due snd payable, according to faw, before they become delinquent, ~nd before any intereat a~taches or any penalty is inturred; AND INSOFAR715 ANY THEREOf IS OF RECORD ~HE SAME SHAIL 8E PROMPiLY SATISf1ED AND UISCHARGED OF RECORD AND THE ORIGIhAI OFfICIAt DOCUMENT (SUCH AS, fOR fNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED - OR CERTIFIED) SHAII BE PIACE~ IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any therroi is not c:a:d. sat"sfied and d~scha~ged sai! MORiGAGEE may at any f,me pay the same w any part thereof withovt waiving or affecting any option, fien, equity or •~~ht under or by virtue of this mortgage and the Full amount of eacii and every such payment shall be immediately due and payable and shall beat interest ~rom the date the~eof unti! pa~d at rate of n~ne per centvm per ~nnum and together w~th such irnteOres~ shal! bt secured by the fien o/ fh:s motgtage. ~o~Y~~9 P,~:~ ~17 . : _ Y : . . ~ ~