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HomeMy WebLinkAbout3492 ~~39~3 ~F ~HIS iNDfMIURE, Made the 13th day of ~Ce~t]~r A.D. 19 72 between _ Clyde Halls and Margaret Jorn'Wplls, his wife ~f St . L uc i e ~ . , ~ , County Florida, hereinalter desg~ated as tfie - MORTGA60R," a~d FIRST FEDERAI SAVINGS AND tOAN ~SSOCIATlON OF FORT PIERCE, + torporatio~ organized and ta~stinq undcv the laws oF ths Urtited Sfat~~ of Ame~iu and haviny ;ts printipal place of 6;,siness in the City of Fo~t Pierce, St. lucie County, Florids, hereinafter des~gnated as the "MORIGAGfE:' NiNEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 20~ 4~'~ good and lawful rroney of the Un:ted ~•ares advanced by the MORTGAGEE unto the MORTGAGOR, as evide~~ced by a certam promisso~y eofe of even date heiewiih, of wh:ch the foiloav~n9 in ..o,ds and tig~res is a true copy, tow~t: • s_- 20~~•~ ~ 10019I88 Fort Pierce, Flwida, ~Cember 13 ~y 72 For value received, 1, we or either of us, promise to pay, without de;a!ca~~on, io the order of FIRST FEDERAL SAVINGS ANO [OAN ASSOCIATIOM QF JRT PIERCE at fo~t ei~Sg, fjo~da, the sum of S 2O~ 4~~•~~ v,,,th interzsl from t/ate at the rate oi7 •?S_°o pa~ anr,um, in rronthty +ns~al3- 1 tS•UL) lOty~~ FeGruar 73 ~ ~n as fo.!ows: S_-__ on the _ •tiay of ~ 19_~__ and a tike sum on the correep~nd;rtg day of each month there- . .+r'er unlil fne who!e be fut:y pa:d. Eath installmenf iirst shall be applird in payment of the interest and tnen on the unpaid balan~e of the p~~nc~pal sum. tf defaulf is made it? 1he ....i i..::_....._... :r.:=-- . . ° a^f-_!• cMr:~••ee '±4 d±ys ~i,~n ar the ootioo of the ho;det. and without any orFrer notice. a!! the remain;ng ,ratirnents shall be due and payable ar once. Pnvilege is given to prepay this note in whole or in part at any time wlthout penaity. Neiiner iurci,ca~o~~[~, rur acceptance by the Fwtder thereof .+fter any default in any payments hereon, shall be deemed extension. A late paymeM c~+arge of s 8~-~ shall be k, i_d to eath instaltment remaining ~npa:d 7 days aftet its due date, and a like sum shall be added to each such instal:meM remain~ng unpaid 7 days after -.,;h succeed+ng payment date. Each maker, surety ar.d endorser hereof, jointiy and severelly, warves demand, przs~ntment protest a~d notice of p~otest 4w nonpayment, and further ~~rees to any extension of time of paymen?, either bef~re or after maturty, without not;ce to any of us; and ro pay a? costs of cotlection, inciud;ng a ,sonable attomey"s fee ~n the event of any defau~t hereunder, and hereby seve~alfy wa;ves all benefit of homestead and eazmption under the constitution ;i ;aws of each State of the l:mted States, as against this obGgat~on or any extens~on or renewal hereof. W~rness ehe haod and seal of each p3rty. S~ C 1 yC~ 'rVH 115 (SEAL) (SEAt) (SEAI) s/ Margaret Joan k'alls ~S~i~ , 30.60 y~„~~„~ 20 400.00 NOW, THEREfORE, the MORTGAGOR for tFe purpose cf sec~ring payme~t of ta~d svm of S • , and the pcrformance of the cc:enants and agreemems hereinafter expressed, a~d for divers good and valuable considerations, by these presents, dces grant, bargain, sel~, rem~se, , ease, convey and confirm unto the MORTGAGEE, i1s successo~s and assigns, all that certain lot, piece w parcel of land, siWate, lying, snd being in fhe ~o~nry of St . Luc ie and S~ate of Fto~ida, deuribed ss fottaws: The South 125 feet of the East 107 feet of Lot 4, af J. T. KELI.EM' S SLRDIVISIUI~i, as recorded in Plat Book 3, Page 85, Public Records of St. Lucie County, Florida, Subject to an easement and right of way over the t~'esterly 17 feet thereof ~ ~ : ! ~ - ' ~ m STATE oF I~I..ORID'A. ~ ~ o= ~ DOCUMfN1AJiY,~.'~StAMP Z!',> ~ D_ ~ IN PAYMEKf OFtAXFS DE~t. OF KfVENUE f'~ • i ,'~,,,c ` - _ er'~ ~ DUE ON CLl?SS'C IGtTlIN818LE PERSONIIL PROPER(r. ; +c, o T~~'':•`~ ~2 k!'-- 3 s Q ~ PURSWNT TO CHAPTER 71-13~, ACTS OF 19/1~ , ~~~.s 4 f o = ft102 ! ClERK ClRpIIT COIIRT, ST. LUCIE 00., F1~ i ; ~ ~ ~ogefher with alf and singular the tenements, hereditaments and appurtances thereunto belaging w in snywise sppertsining thereto, ~nd afl rents, issues, j c~eceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregang desuiption and habendum. TO HAVE AND TO HOLD the above described and granted premiKS unto the said MORTGAGEE, itf successon and suigns forever. And the said .'.ORTGAGOR fw --~~Q1~----- he;rs, executors, admin~srrarors and assigns, hereby covenants with the said MORiGAGEE, its tuccesson and auigrb, j r~,ar -t~L231-~Z~---- tswfully se~zed of ~he said premises in fee simple; that tF~e wme ~re free, clear and discharged from all liens and encum- ~~ances in law or in equity, and that thex will and the? heirs shall warrant and defend the title to the same to the said :'ORTGAGEE, its succeuors aod assigns, fo~ever against the law4u! claims and demands of all persons; PROVIDE~, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefwe described and sh~ll truly, promptly e^d futly perfum, d~xharge, execute, compJere, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of sa~d remisswy reote and of this Mortgsge, then this Mortgage and the Estate hereby created ihall cease and be null sad void. ; IT IS UNDERSTOOD that ~he wwd "Mort9agor" whether in the singular o~ plural anywhere in this Mortgsge, shsll be singuiar if one only and ; sF,all be plural jaintly and uveralfy if more than one, and thar the word "their" as vud anywhe~e in this Mortgage shall be hken to meao "his;' "heri;' ` -r "its," wherever the context so impEies or admits. Alw, that wherever there is a reference in the tovenants and agreements herein contsined to sny of +he partees hereto, the same shall be construed to mean as well as the heirs, legal representatives, sutcessors and essgrn (either voluntary by act of the oarties or involuntary by operat;on of the iaw) of the same and that the covenants herein contained shall bind and the benefits and advantages inure •o the respective heirs, legel representatives, succeuors and ass~gns of the parfies hereto. And said Mortgagors, fw thcmxlves and thei+ heirs, legal reprexntatives, successors and assigns, hereby jointty and severally covenant end agree ~o and with the said MORTG4GEE, its succe~sors and ass~gns: 1. To pay al! and singular tht prirxipsl and interest and the vario~s and sundry sums of mo~ey psyable by virtue of said promisw?y note, and this ~r.ortgsge, each and every, promptly on the daya respectively the same uverally become due. 2. To pay all and singutar the taxes, assessments, levies, liabilities, obligatio~s and encumbrances of every nature and kind now on said deuribed property, w that hereafter may be impoted, suffaed, plxed, levied, or auessed thereon, a that hereafter may be levied w assessed ~pon this Nbrtg- ~ge, a the i~debtedness secured hereby, each and every, when due ~r+d payable, accwding to law, txfore they become delinquent, and befwe •ny interest z•+zches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHA1! 8E PROl~ ~TIY SATISFIED AMD DISCHARGED OF ~~CORD AND TME ORIGltvAt OFfICIAL DOCUMENT (SUCH AS, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSED ' ~R CERIIFIED) SHAII BE PIACfD IN THE MANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not ~ , a d, sat"sfied and d~schar ed sa d ~AORTGAGEf ma at an tlme g y y pay the same or any part thereof withovt wsiving or affetlirg any option, lien, equity or •~~hr under w by virt~e of this mortgage and the fuii amount of each and every such payment shall be immediately due and payable and shall bear intertst ~rom the date thereof until paid at rate oI n~ne per tent~m per annum snd t ethtr w~t s h ~hall be seju~ ; og y the lien of th:s morytaye. ; bG~ P~1GE 4 _ , , _ . - _ _ _ . ~