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HomeMy WebLinkAbout3486 243g~0 ~ THIS INDENTURE. Made the 18th day of Dece~ber A.O. 19 72 bet.veen - • ' ~r _ John A. Hall and Zilca L. Hall, ~is wife of St •~.IlCi@ ~~~ty Fiorida, here~nafter des~gna~ed as the °MORTGAGOR." and FIRST iEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT P~ERCE, a co~pora~+on organized and exist~ng under the laws of the Un~ted StatQS of Ameriu and havirs~- its principal ptace of buiiness in the City of Fort Pierce, St. lvcie Govnty, flor~da, herei~a(tar designatzd as ths "MORTGAGEE:' WHEREAS the MORTGAGOR ~s ju~tly indebted to the MORTGAGEE in the sum of Sls !7~ , gxd and lawful money of the Un ted Srates advanced by the IdOR(GAGEE unto the MORTGAGOR, as enti~nc~d by a cer~am promissory note of even date herewith, of whlch the follow~~g in ..ords and figures is a true copy, to-wit: s IS ,'700 .00 No 10019205 _ Fort Pierce, Florida, -~Ce~~'r 18 ~ 19~_ for value received, 1, wr or either of us, prom:se to pay, wiihout defa!caf~on, to the order of FIRST FEDERAL SAVING$ AND LOAN ASSOCIATION OF ~ J2T PIERCE at Fort p;er_e, Fiorida, ~he sum of S_15 L' ~~OO _ wrth ~nterest from date at fhe rate of 7~ 7~ per annum, in moMhly iostall- ` •~~~nts as fol.ows: S 129 on the l~th day of February_ . ~q 73 and a like sum on the correspond~ng day of each month there- ~ ~iter unlit tha whote be fully pa~d. Each insrallrnent first shall be appl~ed en payn~nt of >he inte~est and !iien on the unpa:d balance of the prinupal aum. If default i~ made in 1he ; ar~nant of any insta~lmem when d~e, and such default coroinues 30 days, tha~ al the opt~on of the holder, and without any other notcr, all lhe remain~ng ~ •~statlmeros shail be due and payabie at once. Privifrge is given to prapay this nofe in whole ar in part at any Nme wilhout panalty. Neither forebearance, nor acceptance by the holder thereof after any default in any payments heraon, shal! be deemed ex~ension_ A tate payment charge of 56.45 sha?I be - :c-~.~_d to each installment remaining unpa;d 7 days after its due date, and a l~ke sum shali be added to each such instalimem rema~ning unpaid 7 days after each succeeding payment date. t Each maker, surety and endorser hereof, joimly and severafty, watves de~rar.d, presenrment p+otes~ and naice of protest for nonpayment, and further a~reea to any eztension ot tui:e of payment, erther betore or after maturity, without not~ce to any of us; and to pay atl costs of co!lection, includ!ng a ~ r~ .~sonable attomey's fee ~n thr event oi any defauit hereunder, and hereby severa!ly waives atl beneiit of homestead and exemption under the constitufion - d laws of each Srate of the Unaed States, as aga~nst this obGgation or any e,iens~on or renewal here.~f. Witness the hand and seal of each party. (SEAL) ~ s/John A. Nall (SEAL) (SEAI} ' s/Zilca L. Hall (SfAI) _ ~23 a.~_T State Revenue iS+a~palarwY~d.vn.oiigi~al ~w~j NO'N, THERfFORE, the MORTCaAGOR for the ur 1S f 7~ p pose of securing payment of said sum pf s , and the performance of the covenants and agreements hereinafter expressed, and for d~vera goed and vatuab:e coroiderations, by these pre:ents, dces gront, bargain, seC, rem~se, re:ease, to~vey and conf~rm unto the MORTGAGEE, its successars and au~gns, ai! that certain lot, picce w parcel of land, situate, lying, and be~ng in the ~ County of St. Lueie and State of Fbrida, dexribed a~ follows: The Bast of Lot 14 and all of Lot 15 less the South 5 feet thereof~ Slock 9 of Maravilla Terrace, according to a plat thereof recordQd in Plat Book 5, at page 50, public records of St. Lucie County, Florida~ s~ T's AT oF FLO R I p,n i ~ ~O_ C_ UM~NT~A~R~~Y ~ ! z~ ~ ~EPT.Of REVENIJ~-~~'ST' A'A1~F~;~: I ' ~ih - = ~ f~ i ~ a = `~-~Za~rz ' 2 3. 5 5 ~ o ~ ~~n?z` - + , ' ....r ~ ~ RECEIYEfl y IN PAYMEFfT OF TAXES DIIE ON C[JtSS'C tNTMIti16LE PfRSONAI P°OaER1Y, ` PURSUAfiT TO CHAPTER 71-134. ACTS OF 15/i~c/ I ROGER POITRAS p CtERK CIRCUIT COURT, S~_ LUCiE CO.. FIA E i f l ro~ether with alt and singular the tenements, herediraments and spr,unances thereunto belonging ot in ~nywise appertaining thereto, and all rents, iuues, p~oceeds and profits accruing and to acc+ue from sa~d premises, a~l of which are included in the above and foregoing dewiption and habendum. r TO HAVE AND TO HOID the above described and granted premises unto the ssid MORTGAGEE, its successwi and assigns forever. And tM said theiz ~ :'~ORTGAGOR for heirs, executon, administrators and ass~gns, hereby covenants with the said MORT6ACaEE, it~ sutcessors snd assign~, , they_ are '^at lawfully seized of the said premises in fee aimpte; that the same are free, clear and discharged from a!I lien~ and entum- b~ances in law or in equity, and that they W~~~ a~ t~1Z heirs shall warrant and delend the title to the ssme to the said MORiGAGEE, its successors and assigns, fwever against the lewfu) claims and demands of all perwin~; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deuribed and shall truly, promptly and fully perform, d~scMrge, e:ecute, comptete, comply wiih and abide by each and every the ttipulations, agreements, conditions a~ torenant~ of iaid p~om~sso+y note and of tbis Morfgage, then this Mortgage and the Estate htreby created shall cease and be null and void. IT IS UNOERSTOOp that the wwd "Mwtgagor" whether in the singular a plural anywhere in this Mortgage, shall be singular if one only and ; shall be plural jointly and severally if mwe than one, and that the wwd "their" as used anywhere in this Matgsge shatl be taken to mean "his," "hen," A or "its," wherever the context so implies or admits. Also, tF~at wherever there is a reference in the covenants and agreements herein contained to +~y of rhe parties hereto, the same shall be construed to mean as wetl as the heirs, legal represeMatives, successws and assigns (either voluntary by act of the parties or involumary by operation of the lawy of the same and that the covenants he~ein tontained shall bind artd the benefits and advantayes inure ~o the respective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves anai their heiri, legal representatives, successors and auig~s, hereby jointly and seve~ally covenant and agree to and with the said MORTGAGEE, its successws and assigns: f ~ 1. To pay sll and singular the prirxipat and i~terest snd the various and sundry sums of money payable by viitve of said promissory note, and thi~ ; mortgage, each and every, promptly on the days res~ect~vely ~he :ame severally become due. ~ 2. To psy ali and singvlar the taxes, assessments, levies, liabilit;es, obligations and enc~mbrances of every nature and kind now on said described property, or ihat hereafter may be imposed, suffered, plated, levied, w assessed thereon, or that F?ereaftt? may be tevied or sssessed vpo~ thrs Mortg age, or fhe indebtedness secured hereby, each and evc~y, vrhen due and payable, accwdi~g to law, before they become delinqueM, snd be{ore eny iMerqt atrzches w any penaity is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORU THf $AME SHAIL BE PROMPTLY SATISFIED AND DISCHARGEd Of ; RECORO ANO THE ORIGthAt OFfIC1Al DOCUMEtJT (SUCH A5, FOR lNSTANCE, THE TAX REtE1PT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ~ OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN?; and i~ the eveM that any thereof is not paid, sat sEied and discharged sa'd MORTGAGEE may at any t~me pay the same or any psrt ~hereof witlw~t waiving w a(fecring any option, lien, equity o~ ` ~~~ht urtder or by virtue of this mortgage and the fuff amount oi each and every such payment shall be immediately dve and payable artd shall pear interest ~.om the date thereof until pa:d at rate of n~ne per centum per annum and ~ogerher w~th~+u~ rt~~ hall be se~~~ the lien of th:s mwgtaye. g:lti!! ~Uty FAGf ti . ~ . _ - - - - _ _