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HomeMy WebLinkAbout4380 s' 24~532 ~ Yo,- ~;1~ ~ THIS INDENTURE. Made the -12~ day of Qeceaber ~ q,D. 19 72 betweert~'",,1~~ Llorin Clarke and Oreen C2arkei his wife J'r~ . ~ of _ $t. Lucie ~~p~~ry fiarida, herainafte~ desgnared as fhe "MORTGAGOR." and i1RST fEDERAI SAVINGS ANO IOAN 1,~~ ASSpC1AT10N OF fORT PIERCE, • corporat~on wgan~zed and exittir.g undrr the la~rs of the Un~ted Statot of America and having its principa) place of ~ busineu in the City of Fwl Pierc~, St. lucie County, Flo.ida, here~nefter des~yna~ed as iF?e "MORTGAGEE:' WHEREAS tha MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum o( S 21,~.~Q~•Q~__ , qood ar.d lawful money of the Un~ted Srates advar.ced by the MORIGAGEE unio Ihe MORTGAGOR, as evidenced by a certain prom~ssory rtote of even date herewith, of whrch fhe (ollowing i~ words ~nd figures is a true copy, fow;t: ~ a 1, ooo, oo i ool 91 ~o Dec e~ber ~ o Fcvf Pierte, Florida, 19~_ Fo~ value received, I, we or either of us. p~omise to pay, wi~houf defalcar~on, to-~+e oider of FIRST FEDERAI SAVINGS AND IOAN ASSOCIAiION OF FORi PlERCE a! Fort Pierce, Florida, rhe sum of S-..~i~~• O0 _ w;th in!erest from date at the rate of 7~ 5°,o per annum, in monthly install- ` meros as iol:ows: S-~.~.Q~_ on the ~~day of Ma~l 19_ 73 and a Gke sum on the cwrespond~ng day of each month there- after until the whole be futly paid. - Each insta!I~nent first shall be applied in payment of the interest and !hen on the unpa:d balance of the princ"pal sum. If default is made in the ~ payment o! any instaltment when due, and such defauit continues 30 days, the~ at the option of the hoide~, and without any othe+ notice, all the remain~ng ~nstallments shall be due and payable at once. Privilege is given to prepay this ~ote in whole or in part at any time without pe~alty. Neither fwebearance, nor acceptante by the holder thereof after any default in any payments hereon, shall be deemed exte~sion. A late payment charge of S--2~-Q shal! be ~ added to each insta!lment remaining unpa;d 7 days after its due date, and a tike sum shall be added to each such instaflment remaining unpaid 7 days aiter each succeeding payment date. ~ Each maker, surety and endorser hereof, jointty and severally, waives demand, presentment protest and notice of protes~ fw nonpayment, and further agrees to any extension of t~me of payment, either before oa after matu~ity, without notice to any of us; and to pay all costs of collection, i~clud~ng a reasonable attorney's fee in the ever.t of any defa~~t hereundar, and hereby severally waives all beneiit of homes~ead and exemption unde~ the constitution and laws of each State of the United States, as againat this obligation o~ any exfens+on o~ renewa! hereof. ~ Witness the hand and seal of each party. .w sl L2orin Clarke tS~AU ~ (SEAI) ~I ~rpen ClaYkp (SEAu ( 931•S0 ) State Revenue (SEAU {5+wnp~ ~swc~MeJ ~ew ~wgirwl-nok) NOW, ?HEREFORE, the MORTGAGOR fw the ur se of securi 21 ~0 00 , and the performance of the p po ~g payment of said sum of s ~ • covenants and agreements hereinafter expressed, and for dlvers good and valuable conside.atfons, by these presents, does grant, barga~n, setl, remise, ~ re!eau, convey and conf;rm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w psrcel of land, •ituate, lying, and bei~g i~ the ~ounty of St • I'uCiQ and State ot Florida, desc~ibed as followa: Lot 4, Block 66, RIVBR PARK, UNIT 7, as per plat thereof on file in Plat Book 12, Pages 41;41A, of the Public Records of St. Lucie Co~ty, RloYida ST~TE ~F F SD M~'`~-, r_.~i_ j ° n- OOCUMf NTARY,~`~ RlCEryEp - c°~ ° DfPT.O~ REYElrUE ~ DUE ON CLASS ~C INT~ IG g EIN PAYIAENT OF TIU(q L PERSONAI PRpPEAIY ~O o ~ f.R r"r~2s'12 lS 3'. 5 O' ~11RSIIANT TO CHAPTER 71-13/. ACiS OF 19/l. • s ~rro2 ~ ' ROGER PORRAS ° CLERK ClRCUIT CpUR7, ST. I~~~E ~ry ~ . N ~ ~ ~ rogether with atl and singular the tenements, hereditaments and appurtances thereunto belongirg or in snywiu appertainirg fhereto, artd a!1 rent~, iuues, pFOCeeds and profits accru;ng and ro accrue from said premises, all of which are included in the above and fwegoing deuription and habendum. TO HAVE AND TO HOID the above descr~bed and granted premises unto the said MORTGAGEE, its successors and assigns forever. Md tha said MORTGAGOR fw heirs, executors, admin~strators and assigns, hereby covena~ts with the said MORTGAGEE, its wccessors u+d ~uigta, ! ~hat - th~Y-~?4r-- lawfully se~zed of the said premises in fee simple; that the tame are free, clear and d~scharged from all liens ind e~cum- brances in law or in equity, and that tt1@V W~~~ a~ h 1Y heirs shall warrant and defend the title fo the same to t!?e said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROYIDfD, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore desvibed and sMll truly, promptly and fufly periorm, discharge, execute, complete, comply with and abide by each and every the stipulatio~s, sgreements, conditions and covenants of iaid prom~sswy rate and of fhis AAortgage, then this Mortgage artd the Estate hereby created shall cease and be null ~nd void. IT IS UNDFRSTOOD that the word "Morsgagor" whether in the s~ngolar w plural a~ywhere in this Mortgage, shall be singular if one only and shall bc plural jointly and seve~ally if more than one, and that the wwd "their" as uud anywhere in this Mwtgsge ihall be takcn to mean "his;' "hen;' or "its;' wherever the context so impties a admits. Atw, that wherever there is a reference in the cover~antt and agreeme~is he~ein tontained to arry of the parties hereto, the same shall be construed to mean as well as the heir~, Iegal representative~, successws and auigns (either voluntary by sct of the parties or inroluntary by operat~on of the law) of the same and that the covenants herein contained shafl bind and the benefin and advantagea inure ro ihe respective hei?s, legal repreuntatives, successws and asrgns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successws snd auigns, hereby jointly and severally covenant and ~gree to and with ttie said MORTGAGEE, its successors and assigns: 1. To psy alt and aingular the p~incipal and interest ar?d the various and sundry suma of money payabSe by virtue o( said promissory note, and thit mwtgage, exh and every, p~ompfly on the days respectively the same severally Ixcome d~a , 2. To pay all and singular the taxes, assessments, levies, liabilf~ies, oWigstions and encumbrances of every nature snd kind now on said dewibed property, w that hereafter may be impoted, suffered, platcd, levied, or assessed thereon, p that hereafter msy be levied or assessed upor~ this Mo~t¢ age, w the indebtednezs secured hereby, each and every, whe~ due and payable, accwding to Isw, befwe they become delinquent, sr?d before any interat a+rathes or any penalty is intu~red; AND INSOFAR AS ANY THEREOf IS OF RECORp THE SAME SHAtt BE PROlNCTLY SATISFIED ANO ~ISCHARGED OF RECORD AND THE ORIGIt~At OfFIC1Al DOCUMENT ~SUCH AS, fOR INSTAIYCE, THE TAX RECEIPT OR THE SATISFAGTION PAPfR OFFICIALLY ENDORSEU OR CERTIFIED) SHAII BE PIACEU IN THE HANDS OF SAID MORTGAGEE WITNIN TEN DAY$ NEXT AFTER PAYMENT; and in the eve~t that any theieof is not , F:a~d, saYsfied and discharged sa'd MORTGAGEE may at any time pay the same w any part thereof without waiving or affecting any option, lien, eqvity p •~~ht under or by virtue of rh~s mortgage and rhe fu11 amount of each and every soch payment shsll be immediately due and payable and shall bear interest ~~om the date thereoi ~ntil pa:d at rate of n~ne per cen?um per annum and togerhqS v~yth~~ter~st shvl`~;~p~red by the iien of th:• morgtaye. .,7J~. j~ r~i~i ~ r ~ V ~„z : ' - - .~rk.._. z _ _ . ~ .-°.y.~