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HomeMy WebLinkAbout3737 , , 1~rYYivv THIS INDENTURE. Made the 12th day of ~cember A.D. 19 72 batween American Hocnes and rbrtgage, Inc., a Rlorida Corporation of $t • LuCiQ ~ County Ftorida, hera:nafrer designafed as the "MORiGAGOR," a~d FIRST iEdERAt SAVING5 AND tOAN ASSOCIAT~ON Of FORT PIERCE, a corpwat~on wg~nized and ez~~~ing under the laws of ?hs Un~~ed Sutt~ of America and having itt principal place of b~s~neu in the Ciy of Fw~ Pieres, St, lucie County, Flor~da, he~einafter des~g~ated as ths "MORiGAGEE." WHEREAS ths MORTGAGOR is justly indeb~ed to ths MORiGAGEf in the sum of s 16,600.~ Qood and lawful mo~y ot the Un~ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evide~~ced by a certain promisswy note of even date htrew~th, of whi~h the follow~ng in j o~ 16 ~~,e0 -~Os a trve coPY. to-wit: 10019178 No December 12 ?2 Fort Pierce. Fiwids, ~ 19 Fw value received, t, wr or e+ther of us, promise to psy, without defalcarion, to ~he order of FIRST FEDERAt SAVINGS AND LQAN ASSOCIATION Of ~ORT PIfRCE at Fort Pierce, Fbrida, the sum of j 1b,600•~0 _ W~~h iroerest (rom date at the rafe of7 ~5 ._°o per annum, in monthly install- •r,enrs as fol!ows: S 134 . on the lOL h day of Apr i 1 ~9 73 and a Gke sum on the cwresponding day of each month the~e- a'rer until the whoit be fully paid. Esch installmenf first shall be applied in payment of the interest a~d ~hen on the unpaid balance of the princ~pal sum. !f defaul! is made in the ~ ayment of any instalJment when due, and such defautt conrinues 30 days, theo at the oprion of the holder, and without any other not~ce, all the remaining ,~~stallmcnts shal~ be due and payab:e at once. Prrvilege is given to prepay this nofe in whole or in pa?t at any time without penalty. Neither forebearance, nor acceptance by tFu holder thereof after any default i~ any payments hereon, shall be deemed extension. A tate paymenf chargQ of S 6•~~ , shall be added lo each installment remaineng unpa;d 7 days after its due date, and a• fike sum shall be added to each such installment remaininy uopaid 7 days after each succeedi~ payment date. . Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest iw ranpeymenf, and further _ agrees to any exrension of rime of payment, either befo~e a affer ma~ur~ry, wiihout not~ce to any of us; and to pay all costs of collection, includ;ng a reasonable attorney's fee in the event of a~y dafault he~eunder, and hereby severally waives all be~efit of homestead and exemption under the tonstitution ~ a~id laws of eacfi Stare of the United States, as against this obt~gation o~ any eaten:~on or re~ewal hereof. w~tneis the hand a~d seal oi each pa.r~. AMERICAN HOMES AND MORTi~1GE~ INC. Corporate Seal Affixed gy~ s/ William A. Anderson. Pre~~nt ' ~ AT?EST: s/ Verna I.. Anderson, Secret~~~y ~ $24.90 t State Revenue ~~U - i5fertrps eAT1C!}kd~n OriqhtlF-n01@) . NOW, TNERffORE, tfie MORTGAGOR fo~ ehe I6 , 600.00 pwposs of sacuring p~ymenLOf sa~d sum of s a.~d the performance of tF+e covenants and agreements he~einafter expressed, and fw divers good and vatuabte considerations, by these prese~ts, does qran?, bargain, sell, remisa, release, convey and confirm unto tbe MORTGAGEE, iri successors and assigns, all that certain lot, piece or pa~cel of land, situats, lying, and being in the County of $t .~.I1Cie' and State of Fbrida, described as follows: Lot 12, Block 31, LAKEtVOOD PARK: Ut+iIT NO. 4, as per pZat Lhereof on file ia Plat Bvok 11, page 2, public records of St. I.ucie County, Florida, OF ~R~t. 0 ~N C,`! )1`~~ Q ~ - j oE.- • pE ~ - ~~~e~~ ~ ~,~~5 E~ ° STATE ~F F'LORtDA ~ `~oz%Ni R~~~~~t~'~,~~.d°, STAM F f t• x{ DOCUMENiARY.~ ~ R~,E ~~~~p ER 5~, ~ L J,/~ DEPT. Oi REYENUE + - ~E p _~NZ ~O x ~ - _ t.. 9 ~ lls~ x"- ~t v _ :~z ~•t~ ~ ~ - 2 4. 0 Q~ Gi~ ~ ~ p _ ~ _ ~uoi , % 0 ~ ~ rogether with sll and singular the tenemenis, htreditaments snd appurta~cet thereunlo belo~ging or in anywise ~pperfai~ing ihe~eto, snd all rents, iuues, p~oceeds and prof~ta accrui~ and to accrue from said premises, all of which are i~cluded in the above and foregang dewipYwn and habendum. TO HAVE AND TO yOl~ the above descrfbed and granted prem;ses unto the said MORTGAGEE, its suuesson and assigos fwever. Md ths i~id !~'.ORTGAGOR fw 1t5------ heirs, executors, sdministrators and assigns, hereby covenants with the ssid MORTGAGEE, in sutcessors ~nd auiyru, rnat -1t-~5--_--- lawfully uized of tF~e said premius in fee simple; that the same are free, clear ~~d discharged from sll liens and entvrtr c brances in Iaw or in equity, and that lt W~~~ a~ 1L.. ~~n shall warrant and defend the t:tle to the same to the said i MORTCaAGEE, its successors and assigns, forever against the lawful daims and demsnds of all persons; PROVIDED, ALWAYS rhat if the MORTGAGOR shall pay unfo th.e MORTGAGEE fhe pranissory rate hereinbeforc desuibed artd shall truly, promptly and fully pe?fwm, d~uharge, execute, complete, comply with and ab~de by each and every the stipulations, sgreements, conditions and covenantt of iaid promissory note and of this Mortgage, then ~his Mortgage and rhe Estate F:ereby ucated shall tesse and be null and void. IT IS UfVDERSTOOD thaf the word "Mortgagor" whether in the s~~gular or plvn) snywhere in this Mwtgage, shall be singula? if one only and ; shall be plural jointly and xverally if more thsn one, and that the word "their" as used snywhere in this Mortgage shall be t~ken to mes~ "hit;' "hen;' or ";ts," wherever the context w implies or admits. Atso, that wherever there is a reference in the covenanta and agreements i~erein confainet! to sny of rhe part;es hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successon and assigns (either voluntsry by ad of the parties or involuntary by operation of the law) of the same and that the covenants herein contaiced shall bind snd the benefi~s snd advantages inure ro the respective heirs, legal representativa, succetson and ass~gns of the parties ixreto. And said Mortgagors, fa fhemxlves and ~heir heirs, legai representatives, successors and ss~igns, hereby jointFy and several{y coven~nt snd sqree - ro and with the wid MORiGAGEE, its successors and assigns: 1. To pay all and singutar the prirxipal and interest and the var~ous and sundry sums of money payable by virtue of said promissory note, and this mortgage, esch and every, promptly on the days respettively fhe same xverally become due. 2. To pay +11 and singular the taxes, assessments, levies, liabilities, obligations snd enc~mbnnces of every nature and kind rww on said dewibed property, or that hereafter may be imposed, suffered, plated, levied, or assessed thereon, a that hereafte~ may be Icvied w assessed upon this Mort~- age, a the indebtedncss scrured hereby, each and every, wt~en due and payable, according to law, betore they became delirquent, snd before sny intere~t arraches or any penalry is irxurred; AND INSOFAR AS ANY 1HEREOF IS OF RECORD TME SAME SMALL BE PROMPTIY SATISFIED AND DISCHARGEO OF RECORO AND THE ORIGIt3Al OifIC~At DOCUMENT (SUCH A5, FOR INSTANCE. THE TAX RECEIPT OR THE SA7~SfACifOfV PA?ER OFFlClALlY ENpORSED OR tfRTIFlED; SHAII BE PLACED 1N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any fhereof is not paid, sat'sf~~ and distharged sa'd MORTGAGEE msy at any t~me pay the same or any part thereof without w~iving or affectir?g any oplion, lien, equity or •~~ht under w by virtue of this mortgage and the fu~i amounr of each artd every such payment shall be immediately due and payable ~nd shall besr interest i~om the date thereof until paid at rate of n~ne Fer cent~m per annum and together vv~th s t 11 be uc~red by the lien of th:t morgqye. . ?32 F ~:~~~-n ~ _.A 4 - ~ , ~ _ . .