HomeMy WebLinkAbout3271 ~'.+'-Z V C71 V V
THIS INDEhTURE. Made ihe__ 15th day of December , A.D. 19__72
, between
_ _F.'~win Saunders and Fzances_N. Saunsers_ his wife AND _
Carlton Edwin 5aunders and flnne_L. Saunders~~fs'~rif~ ~_L?~
of SL . ~1IC lE' ~oun?y Florida, herzinat~er des~~nend as the "~dORfGAGOR." and FtRST FEDFRAI SAVINGS A'~:D tUAN
ASSOCIATION OF FORT PIERCE, a co~po~at.on organ~ied and •Y~it~ng u~tUrr the iaws of the Un~ted Sratas of A~netica and having its prinupal p:a:e of
busmess in the City of for~ P~erce, St. luue Cou~ty, Horida, he~eir.after drsignaird as the "MORTGAGEE:'
WHfREAS the MORTGAGOR ~a justly indebted ?o the 610RJGAGEE in the wm of S l~i-70~•~0 , good and lawiu~ ~aorey of the Un.red
S~ates ad:anced Dy fhe MORTGAGEE unto thr h1pRiGAGUR, as ~.~ci~~~ic~~d by a c~rt~~n prom~ssory note of e.en daee he:ewnh, of wh:ch the to~lo,nmg in
.+ords and fiyures is a trua copy, to-ait:
S 18 ~ 70~ . 0~ Np- I00
fort F~erce, Florida, December 15 ~q 72
For value recr~vrd, 1, we or r~shc~ of us, prom~se ro pay, without dafa'c,+:~n, to ihe ordrr of FIRST iEDERAI SAVINGS i.P.D IOAN A:.S~CIATIO~I OF
~:;RT PIERCE at Fort Pierce, F,orida, the wm of S_1a~7~Q:QQ __,n,,~h ,nt~.rasr from date at the rate of 7a75'o par 3nnu:n, in r~orthly ~nstall-
•,nrs as +o:~oti.:: 5154_.QQ_ _ on the10t~1 da„ oFFebruarv , ~q 73 _ and a like sum on the correspond~ng day of each month ~i~e~e-
~'ror uNil the who:e be luliy Fa~d.
Each insralfinent f:rst shait be aFpi~ad in paym_•nt of the interest and ch~•n en the uri,~,~~d balance o( the priat pal sum. Ii defauit s made in the
.„mem of any uu~a;~~nent .ohen due, ~nd wch d~iault cont~r,~es 30 days, ih~n a~ ~he opt~on of the no:der, and without any o~~~~r n~~~:c ail the ~e:na~n~ng
„eatiinents shail be d.;e a~:d pa~ab`.~ at once. Privile~e is yvrn to p~epay th:s note ~n whote or in parf at any t;rna withou! penalty. Ne~ther forebearance,
rar atceptance by the hu;der the~rof affrr any defauit in any payrnenrs her~•on, shall be dcrmed extcnsion. A late payment charge oi S-7~ shail be
~J_•d to each instai~~nani :emain~ng unpa~d 7 daya after its due date, and a:~~e sum shall be addcd to each such inst~{In~ent remain~ng unpa~d 7 days after
,•ach wcceeding payment date.
Each maker, surety and ando•ser he~eof, jo~nefy and severatfy, Wa~ves de~nand, pres°ntment protcst artd notite of protest 4or nonpaynicnt, and funher
+7.ees to any extens.on of r,~ne of p~ymeM, cithcr brfore or after matur~ry, vvitho~t no~~ce to any of us; and to pay a!t cosrs of coll_c~icn, ir,dud.ng a
~<.+sonable atto:ney s fee m the event of any d:(a~It hereundrr, and her~by se~e•aily .vaives all benefit of homcstead and exemp!ion under the constitution
d Iaws of eacF S~aee of tne ~'•~.trd Sratrs, as aga~r.sr rh~s obi~gae~on or any rxrecs~on or renewal hereof.
Wfrness the hand and seal of ea:h p~rry.
S/ Edwin Saunders (SEAL)
5/ Frances H. Saunders (SEAL)
S/ Caziton E~jwin Saunders (SfAlj
S/ Anne L. Saunders (SEAI)
_ ~'2~ • ~5 1 S!ate Re~enue
scsnqts ~sa~~~~tiwt ~tae)
NO Y, THEREFORE, the ~1iORTGAGOR for the purpose of secur;ng payment of sa~d sum of S 1~ ~ 700. , and the performance oi the
covenants and agreemer,ts here~naiter eapressed, and for divers goed and valuab:e considerarions, by these presents, dces grant, barga~n, seG, remhe,
ease, convey and confirm unto the MORTGAGEE, its successors and assigns, al: that certain lot, piece or parcel of land, s~tuate, lying, and be~ng in the
County of S L. LUC 1Q , and State of Florida, desa~bed ss foltows:
The North 35 feet of Loi 3, and the South 45 feet of Lot 4, Block 4, St.
James Park Subdivision, as per plat Lhereof recozded in Plat Book S, page 58,
Public_Recvrds of St. Lucie County, Florida. Subject to a reservation for
utility line over the east 8 feet of abave described premisesY
~ -r
STATE oF FLt~R;DA I
; ~ ~
~ p= ~ DOCiJMTNTARY,.~-;
,~STAMP 1A> ~
y~ :~E~1. ~VEYUE ~ _
Q " ~c,:.-n r~ ~ R~nm 4
~ - _ 28.05 • ~
o- ~~+~z' ~ a~ on a~ss ~ ri+~~in~f ~N pAr~~~t o~ r~
~ ~ BLE PEkSONA~ P~pp~lr,
~ ~~0 AIRf'TER 71•13~, ACTS p~ ly
~ ROGFR P017A~1S ~1C~
~ ~ ~R~;' S1= CUCIE CO., FLl
E
~ rogether with afl and singular the tenements, hereditaments and appurtances lhereunto belonging or in anywiu appertaining thereto, and all re~ts, issues,
- ~•oceeds and profits accruing and to accroe from said prem~ses, all of which are intluded in the above and foregoing description and habendum.
i
~ TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and sssigns foreve?_ And the said
LhQ1I
- ti!ORTGAGOR for - heirs, executws, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its successo~s and assigro,
the,~ are
•~~ar - lawfully se~zed of the said premises in fee simpte; that the same are free, ctear and discharged from a!! Iien~ and encum-
- brances in law or in equity, and that the
v v,,;(I and L~Q 1 r_ heirs shaN warrant and defend f}?e tiNe to the same to the said
ORTGAGEE, irs successors and ass;gns, (orever against the lawful claims and demands of all pcrsans;
PROVtDED, AIWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE fhe promissuy note hereinbefore deuribed and shsll trvly, promptly
and fulty perform, d~scharge, execute, complete, comply with and ab:de by each and eve~y the stiputations, agreements, conditions and covenanfs of said
prom~sswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void.
IT IS UNOFRS'OOD that the word "Mortgagor" whethe~ in the s~ngular w plura~ anywhere in this Mwtgage, shall be singular if one only and
- shall be plural jointly and uverally if more tha~ one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hers,"
! or "its," wheiever the contezt so impt~es or adm~rs. Also, that whe?eve? there ~s a reference in the covenants and agreements herei~ comained to any of
~he parties hereto, the same shall be construed to mean as well as +he heirs, fegal represe~tatives, successors and assigns (either volunta~y by act of the
aarfies or invofuntary by operation of the law) of the same and that the covenants herein contained shal! b+nd and the benefits and advantages inure
~o the respective he+rs, legal represenratives, successws and ass~gns of the parties hereto.
And said Mortgagors, fo? themselves and the~r heirs, legal representatives, successors and ass~gns, hereby jointly and severally covenant and agree
ro and w~th the sa~d MORTGAGEE, ~ts successors and ass~gns:
1. To pay all and sing~lar thE printipaf and interes~ and the var~ous and sundry sums of money paysble by virtue of said promiswry note, and this
mortgage, each and every, prompfly on the days respectively the same severally become d~e.
~ 4. To pay all and t~ngular the tsaes, assessme~~s, levies. I~ab~litfes, obl~gaUons and encumbrances of every oature and kind now on said described
p~operty, w thal hereafter may be imposed, suf(ered, placed, ievied, or auessed tF~ereon, w that hereaiter may be levied a afsessed upon this Mottg-
age, or the indebtedness secured hereby, each and eYery, whe~ due and payable, xcordirsg to law, before they become delinquent, and befwe any intere~t
arreches w any penalty is incvrred; AND IN$OFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFIED ANp O(SCHARGED OF
RECOQD AND THE ORIG{(+:AL OFFICIA[ OOCUMEtYT iSUCH A5, fOR 1MSiANCE, iME 7AX RECf1PJ OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
; OR CERTIFIED) SHAII BE FLACED IN THE HANDS OF SAID MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
pa~d. sat sfied and d~scharged sa d/hORTGAGEE may at any f~me pay the same or any part thereof without waiving or affectirg any option, lien, equ;ty or
•~qht under or by virtve of this mo~rgage and the 4v1% amount of each and every such payment shall be immed~ately due anci payabte and shall bear interest
' ~rom the date thereof until pa:d ar rate of n~ne per ~e~r~m per annum a~d togethe. v`rth such i~}ter~st~a~l be secur~ by the lien of th:s morgtaye.
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