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HomeMy WebLinkAbout3490 ~~~s~z ~ THIS INDFN7URE. Made the_ 14th day of ~ecerober A.D. 19 72 - between Robert C. Reardon and Daris I. Reardon. his wife of st • I.11C1@ County Florida, hereinaiter des~gnatad as tho ~Ik~Rr{iAGOR,• u~ FIRST ~fEDERAI SAVINGS AND LOAN ASSOCIATION Of fORT PIERCE, a co~poration organized and ex~sti~x~ undr~ the laws of the ~tlnired Staras of Ame+ics and having its principal pla:e of bus~ness io the Ci~y of i~rt F~erce, St. tutie tounty, Ftorida, hzreinafter clca~~r,a~ed as the "AAORiGAGEE:' . WHEREAS the MORiGAGOR is justly indebted to the MORTGAGEE in thc sum of E- 181~~• 0O , good anJ Iawfui money of the Un:ted Srates advanced by the f1iORTGAGEE unto the MORTGAGOR, as evfdencrd by a certa~n p~o~nissory nore of even date he~ewith, o} wh:ch the foitow~ng in ,nords and fig~res is a ~rve copy, to-wil: ' s- 18:~~~• ~ ~ 10019192 ~ Fort Pierce, Flwida. ~cember 24 19 72 ' for value received, 1, we or either of vs, prom~se fo pay, wiihout defa;c.,tion, to the order of FIRS~ FEOERAI SAVINGS AtvD LOAN A~SOCIATION dF ~ FORT pIERCE at For~ P~erce, Florida, the sum of iS~OOO~OO____ _,~,,~h inr~res~ from date at the rate of Za1.~'o per annum, 1n monthty install- ` ^rots a: fo1!ows: S~~a~Q_ on the _~Q~1 cay of Febzll'~1 ~ 19.__~~ and a tike sum o~ the correspond~ng ilay of each movh fhere- ~ ,~rrzr umil the whcle be fulty pa~d. ~ Each insrallment fi~st shall be appfead in payment of the interest and the~ on the unpaid balance of the princ~pal sum. If default is made in the Fe~ment of any ingtaiirneni ariien u~r, anu aui ~ d:a;;:; -a:,...,,,,, 3Q a~q:, !h_~ a! c••+;•••• .,f ~M F,older, and w~t?+~-~t a~y other ~otice. all the remaininp ~~sra!lments shall be due and payabie at onte. Privilege is given to prepay this note in whole or in part at any timc without penalty. Ne~ther foreeearance, ` nor acceptance by the helder thereof after any default in any paym~nts hereon, shall be dermed extens~on. A late paymeM tharge oi 5--1~4Q, shall be _ ~d_1_d to each instaHment remaining unpa:d 7 days aiter its due date, and a I~ke sum shatl be addrd to each such installment remain~ng unpaid 7 days after e~ch succeeding payment date. Each make~, sure?y and endorser hereof, jointly and ieverally, warves demand, pres~ntmeM protest and notice of protest fw nonpayment, and {urthet ~ aarees to any eztension of time of payment, e~ther before w after maiurity, vviti:out nor;~e to any of us; and to pay all costs of collection, includ;ng a . r-~esonable attorncy's fee in tha ev~nt of any defau~t hereunder, and hereby sevrrally waives a!1 benefit of bomestead and exemption under the constitution ~ laws of each State of the United States, as against ~his obGgation or any extans~on or renewal hereof. Witness the hand and seal of each party. ~ s/ Robert C. Reardon ~seau (SEAL) s/ Doris I. Reardon lSEAI) ~ ~ ~ 27 ~ ~ ) State Revenue ~5~~~ ~ ;S+err~ ~wierNe~iro~-aig'~ne~ wae) NOW, THEREFORE,.ihe MORTGAGOR for the purpose of securing payment of said sum of S 18s0~~ ~ , and the performance of the :ovenants and agreements hereinafter expressed, and for divers gxd and vafuabte considerations, by these presents, dces grant, bargai~, sel;, remise, ~.ease, convey and contirm unto the MUitiliAisti, ~is successors and eis~g~~s, a~~ ~~~o. :~;:o::: :,~;i~~c 'vr par~e: cf lar.d, i:luate, lying, and beiog in the County of - $t. ~.L1C1Q ~ and Sfate of Fforida, deauibed aa ,follows: f Lots 10 and 11, BZock 9, RORT PIERCE HiiIGHTS SUBDIVISION, as per plat thereof on file in Plat Book 1, Page 39, of k { ~ , the Public Records of St. Lucie County, Florida i I ' b ; STAT~ oF FLORiDA ~ i DOCUMENTARY,s.~:- , S?AMP i:.? ~ ~ IN PAYl~Et1T OF Z~ ~ `O DEPT. OF REYENUE ~ .C IHj~GIBIE PERSOt'~L PRQAERI`~. Z~ ~ _ r - ' ~ ' . ~ _ ~TU'12 ACTS Of 1911. ~C d ~ P.Y. a. i• O 0' PURSW~Nt TO CFIAPtER ~I-134. ~f'l s: o = t~rr,t ~....s ROGER POI7R11S ~ f ~ ' CLERK CIRCUIT COURT. UICIE CO.. FUl ~ ~ - togerher w~th all and singular the tenements, hered~taments and appurtances thereunto belong~ng or in anywise ap{xrtaining thereto, and all rents, issues, p~oc~ eds and p?ofAS accruing and to accrue from said premises, all of which are included in the above and foregoing description and haberxlum. ; TO HAVE AND TO HOlO the above desv~bed and granted prem~ses un!o the said MORTGAGEE, its successon end •ssigns forever. And the said ~ '.'ORTGAGOR for -~-h~r he;rs, executws, administrarors and assigns, hereby covenanrs with the sa+d MORIGAGEE, its sutcessors and auigns, '~at Iawfully seized of the said prem+xs in fee ~imple; that the same sre iree, dear and discharged from all liens end encum- : o-ances in law or in equity, and that th@}( wiU and thpir heirt shall warrant and defend the title to the same to the said s ~;ORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; i PROVIDED, AL'NAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed and shall truty, promptly ar.d fully perform, diuha.ge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of said o~om~ssory note and of this Mortgage, then this Mortgage and the Estate hereby creatcd shall cesu and be null and void. i IT IS UNDERSTOOD thst the ward "Mortgaga" whether in the s~~g~Iar or pluraf anywhere in this Mortgage, shall be singular if one only and shall be pturai joimty and severaity if more than one, and that the word "the~r" as used a~ywhere in this Mortgage shall be taken to mean "his;' "hers;' or "its," wherever the context so ~mpl~es or admits. Alw, that whereve? there is a reference in the covenants and sgreements herein contained to sny of rhe pa~ties hereto, the same shall be construed to mea~ as well as the heirs, legal representstives, successorY and assigns (either voluntsry by act of the carr~es o~ involuntary by operafion of the law) of the same and that the covenants herein co~tained shall bind and the benefits and adv~ntages inure 'c the respective heirs, legal representatives, successors a~d ass~gns of the ~arties hereto. And said Mortgagors, for themselves and their heirs, legal ?epresentatives, suctessws and assigns, hereby jointly and severafly tovenant and agree fo and with the said MQRTGAGEE, ~rs successas and assigm: 1. 7o pay all and s;ngular thc pr;ncipal and interest and tFie various and sundry sums of money payable by virtue of ssid promissory note, and this ~ortgage, each and every, promptly on the days respectively the same severally become due. ~ 2. To psy all and singular the taxes, assessments, levies, liabiliries, obligations and encumbrantes of every nature and kind now on said dexribed property, or thaf hereafter may be impo~ed, suffered, plated, levied, or auessed thereon, q that hereafter may be levied or asseued upon this Mwtg- age, o~ the indebtcdness secured hereby, each and every, when due and payable, sccwding to law, before they become deti~quent, and before any intere~l z'+aches or any penalty is incurred; AND INSOFAR !~S ANY THEREOf t5 Of RKORD THE SAME SHAIt 8E PROMPtLY SAII$f1EU AYD DlSCHARGFD OF RECORD AND iNE ORIGlhAt OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATI$fACTIpN PAPER OFfICIALIY ENDORSED 02 CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITNIN TEN DAY$ NEXT AFTER PAYMENT; snd in tf~e event that sny thereof is not ;:a~d, sat'sfied a~+d discharged sa d MORiGAGEE may at any ume pay tbe same or any part tbereof without waiving or affecting any option, lien, eqvity or •~~ht under or by rrtue of this mortgage and the full amount of eacF and every such payment shall be immediately due a~d payable and shall bear interesf i~om the date thereof until paid at rate of nine per cent~m p~r annum and together w~1h s~h~n?~~p 11 be sec~~~}ytre lien of th:s morq~age. ~:.+C~r ~,Vc~ U.'.rF t! ~ . - : - ~ - .