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HomeMy WebLinkAbout4108 2443~0 THIS INDENTURE, Msde the-~_h d+y of ~~`p~~~At A.D. 19?~, be~ween Ric ard E. Veller and Mary ~.~11~11~~,his wife S t. L uc i e of Co~nty Flwida, hereinafter desgna~ed a~ the "MORTGAGOR," and FIRST fEOERAI SAVINGS AtrD IOAN ASSOCIAiION OF FORT PIERCE, ~ co~porat~on or9~nized •nd exiating under the laws of the United Statas of America snd having ib principa) pla:e of busineu in tM City of Fort Pierce, 51. lucie County, Florida, hereinahe~ dcsignated as tF?~ "MORTGAGEE:' WHEREAS 1M MORTGAGOR i~ juslly indebted to the MORTGAGEE in the sum of 5--- 4GFOOO~O~ , good and lawful money of the Un:ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evid~nced by a certain promissery ~ote of eve~ date herewith, of wh~ch the following in words and figures ii ~ true copy, to-wit: ' z 46 , t)UO . 00 No 17019 212 ~ Fort Pierce. Flo?ida. ~rornhpY 2O _19 72 Fw value reteived, 1, wc a e~ther of us, promise to pay, without dr~alcai~on, to the order of fIRST FEDERAL SAVINGS A:ID IOAN ASSOCIATION Of FQ~2T PIERCE af Fo~f Pierce, Fbrida, the sum of S 46, O0~ - w~th interest irom date at ~h~ ra~e of S_°c p~~ M~um, in ma~thly inslall- ments as (ollows: S 3'~ o~ the ~ttlday of J~e 19? 3 and a like sum on the correspond~ng day of eath month ihere- after until the wFole be fulty paid. ~ Eath installment first shall be applied in payment of the interest and then on the unpaid baiance of the princ~pal sum. If default is made in the ~ _ ra~ment of any install.-nent when due, and such defaulf tominues 30 days, then at the option of the holder, and without acy other notrce, all the remaining . ~„siallments shall be dJe and payabte at once. Pr~vilege is given to prepay this note in whole or in part at any time withoul penaity. Neither foreb(e~arance, ~ nor acceptance by the holder thereof after any deFault in any payments hereon, shall be deemed eatensio~. A late payrnent charge of S__ 17'~3fia11 be added to each installment remain~og unpa~d 7 days afte~ its due date, and a I~ke sum ahall be added to each such instaUmem remaining unpaid 7 days atter t ' ~ each succeeding payment date. ~ Each maker, surety and endorser hereof, joimly and severally, wanres demand, p~eaentment protest and notice of protest for nonpaymeM, and further agrees to any extension of time of payment, either be(ore w after maturity, without not~ce to any of us; and to pay all coets of collection, inctud:ng a reasonable attorney's fee 7n the event oi any defau~r hereunder, and hereby sevcrally waives all benefit of homeatead and ezemption under the constitution and laws of each State of the Unl~ed States, as against this obligat:on or any extension or rc~ewal hereof. Witncss the hand and seal of each party. s/ Richard E. Veller (SEAI) (SEAI) ~ (SEAI) ~ $ 69 . 00 Mue • 5,/ Ma r yr A V~ 1 1 P r (SEAt) ; ~ 46 , 000 and the rformancc of the NOW, THEREFORE, the MORTGAGOR for tfie purpose of securing payment of sa~d sum of S Pe ~ covenants and agreements hereina(ter expressed, and for divers good and valuable considerations, by these presents, dxa grant, bargain, sel~, rem~se, ~ release, convey and confirm unto ~he MORTGAGEE, its successors and ass~gns, af! that certain lot, piece or parcel of land, situate, tying, and b^iog in the ` t County of St L i P and State of Fbrida, dewibed es follows: Lot 14, ~3iock 178, SOVTH PORT ST. LUCIE, UNIT NO. 11, as per plat thezeof on file in Plat Sook 15, Pagz 15 , of the public Records of St. Lucie County, Florida I . ~ ~ TATE oF FLORIDA s } DOCUMfNTARY~:~StQMP 1A} ~ 5~~, a0 , . t ~ c~ pc ~ £NUE !i;~' ~ n ~ Giic ~}N ClAS.S 1!t'?•f';a~ - ~F f:tiS`.7i € s~ .v = _-;,2~'T2 s~~i i~ 6 a• O O ~ ~1R~il~i[ii TO CN11PiEft ]I•1~1, .~C S.+OF 1`~~~~ ~ -a _ oa ~ ROGER POlTRAS n~ t lTRA `l'!~ 0 ~ - ! ~ ~ ^t ~ C~ifIT CQURTt S7 U1ClE ~ ~ ~ ~ ~ ~ ~ rogether witb sll and singular the tenements, hereditaments and appurtances thereuMO belonging a in anywise eppertaining thereto, and all ~ents, issues, ~ oroceeds and profits accruing and to accrue from ssid premises, all of which are included i~ the above and foregoing dewiption and habendum. ~ TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successon and assignt forever. And the said ~ .ti`ORTGAGOR for th~r executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its successws and assigns, ~ ~ rhat -~X--~--- lawfully seized of the said premises in fee simple; that the ume are free, dear and dixharged from all liens and encum- ti brances in law or in equity, and ?hat th~y w;11 and their heirs shall warrant and defend the title to the same to the said ~ MORTGAGEE, its successors and aasigns, forever against the ~awful claims and demands of all persons; PROVIDED, AIWAYS that if ~he MORTGAGOR shalt pay unto the MORTGAGEE the promissory note hereinbefae described and shall truly, promptly - and fully perform, d~scharge, execute, comptete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said _ prom~ssory note snd of this Mortgage, then this Nb.tgage and the Estate hereby created shall cesse and be null and void. IT IS UNDERSTOOD thst the wwd "Mortgsgor" whether in the singular or plural anywhe~e in thif Mortgage, shall be singular if one only and ~ shzll be plural jointly and severally if more than one, and that the word "their" as used anywhero in this Mortgage shall be taken to mean "hii;' "hers;' or "its," wherever the context so implies w admits. Alw, that wherever there is s reference in the covenants a~d sgreements herein contained to any of ~he parties hereto, the same shall be construed to mesn as well as the heirs, legal representatives, tuccessws and assigns (eithe~ voluntary by ad of the oa~ties or involuntary by operat"an of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure fo the respective heirs, legsl rcpresentatives, successors and su~g~s of the parties hereto. And said Mortgsgors, fw themselves and their heirs, legal ropresentatives, successas and asaiflns, heroby jointly a~d severatly covensnt and agree }o and with the said MORTGAGEE, its successas and auig~s: - 1. To pay alI snd singulsr the p?incipal and interest and fhe various and sundry sums of money pay~ble by virtue of said promissory note, and this mortgage, each ~nd every, promptly on the days respectively the same severally become dve. 2. To pay all and ~ingular the taxes, assessmems, tevies, liabilities, oblgations and encumbrances of every nature and kind now on said dewibed ~ property, or that F+ereafter may be imposed, suffered, placed, levied, or assessed thereon, w that htreafter may be levied w nxssed upon fhis Nbrty- yy: age, oi the indebtcdness ucvred F~ereby, each and every, when due and payable, xcwding to law, befae they become delinquent, and befo?e any interest - ar~aches or any penalty is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPTIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIGINAL OFFICIAL OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIVT OR iHE SATISFACTION PAPER OFFICIALLY ENDORSED ~ OR CERTIFIED) SHAII 8E PlACED tN THE HAN~S OF SAIO MORiGAGEE WITNIN TEN DAYS NFXT AFTER PAYMENT; a~d in the event that any thereof is not oa~d, :at'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving w a/fecting any option, lien, equity or •~~ht under or by virtue of this mortgage and the fuil amount of each and every such payment shall be immediatety due and payable and shall bear interes~ ~.om tF+e date the~eof until paid at rate o( nme per ce~tum per annum and together w~?h such interest urod by the lien of th:s morgta9e. „ OaC~iK~~~ ~ ~ J i~ACt _ - ~ , ; ~ ~~~:~~~-~~m~"~~~~_~x~.~ ' x~r~.~=~'