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HomeMy WebLinkAbout4660 v t ( lJ THIS INDEN~URE, Made the 22nd dsy of ~ember A.D. 19 ~Zbetween Ro ezt . t en an eorgia itten~ is Mi e of St• LuCle County ilor~da, Fureinafte~ des~gna~ as t~ "M~R~+~r d fIRST FEOERAI SAV~it:,S AND iOAN ASSOCIAiION OF FORT PIERCE, a corpwat~on wgan~:ed and ex~st~ng undar the lawi of the Un~ted Std~ ~~merics and ha~~ng i~? pi~aipal E~ace of business in the City of Fort Aierce, St. Lvcie County, Flor;ds, hereinafler des~g~at~d ss ths "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to ~he MORTGAGEE in the sum of = 18~7~~~~ good a~d +'awful m,oney of fhe Un ~ed S+ates advancrd by ihe MORiGAGEE unto tne MORTGAGOR, as evidenc~d by a cer~a~n prom~sswy note of even date here~n•~t~. of :.n~ch the ~oilowir.~ ~a ~~~Js and figures ~s a traa ;ury, s~ .:Ir: ' s 18,700.00 ' ~ I8d19~i9 Fort Pierce, Fiw~da, ~ember Z~ 19 7'Z For val~e received, I, we or either of us, promise to y without defalcat~on, to the order of FIRST FEDERAI SAVINGS AN~7 IOAN ASSUCiATiUN t~~ iORT PIERCE at Fort pierce, Florida, the sum of S_ 18~~~~~ _ w~ih mrzrest (rom date at the rate of 8_°o per annvm, in monthty ins~al(- ~~~enis as fol!ows: j_~179~00 on the _lOthday or _ February ~9_73_ and a like sum on tht correspond~n~ day of each month there- jher until the whote be tully pard. Each ins~allment first sha!! be applied in payment of the inte~est and then on rhe unpa~d balance of the princ:pal sum. H deia~h is made in the F~~ment of any installrnent when due, and such defauh continues 30 days, the~ at the opr~on of the hoide~, and w~thoul any other not~ce, atl the remaimng ~nsfallments shail be due ar.d payab:e at once. Privilege is given to prepay this note ~n wAole or in part at any t~me without penalty. Ne~ther forebearance, nor acceptance by the ho~der rhereo! after any defauh in any paymeros hereon, shall be deemed exrension. A late payment cha:ge of S~~95-. shall be zdded to each ins~allment remain;ng unpa~d 7 days after iu due date, and a hke sum shali be added to each such installmeN remaining unpaid 7 days a(ter r~ch succeeding payment date. EacF inaker, wrety and endo~ser hereof, joinAy and severally, wafves demand, presentment protest and notice of protest for nonpayment, and funher agrees to any extension of time of payment, e~ther betore or after matusity, w~thout not~ce to any of us; and to pay a!I costs of calection, inc:ud:ng a r.•,sonable atromey's Fee ~n the event of any dafau~t hereunder, and here6y severatfy waives al1 6enefit of homes!ead and exemption unde? the const~tulion .~d Iaws of each S~ate of tbe ~n~ted S~ates, as aga~nst this obfgation or any ex~ens~on or renewal hereof_ Wi~ness the hand and seat of each puty. (SEAy s/ ~ Raber t G. Ri t ten (SEAU (SEAt) $28 OS s Georgia Ritten ~s~?u ~ ) State Revenue iS~4~p.~wwlbi ~w. ~iwd ~wte) I8 7~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s ~ • and fhe performance of the covenants and agreements hereinafter expressed. and for divers good and vatuabte considerations, by these presents, dces grant bargain, sel;, rem~se, reiease, convey artd contirm unto the MORTGAGEE, its succeasors and ass~gns, all that ce+tain lot, piece w parcel of land, situate, lying, and being in the County of $t• Lueie ~ and State oi Floride, described as fotlows: Lot 1 except the East 10 feet thereof and all of Lot 2 of WILi.IAMS SUBDIVISION, according to a plat thereof zecorded in PZat Book 4, page 60, of the pub2ic records of St. Lucie County~ Florida ~ S~Es - ~ y ° ~e+ PA~,~ QRO~-a~ . ~ STATE oF FLORiD~ ~ s3 PEAC~S ~F ~91?~l; R' DOCUMfNTARY~: STAMP 1A>. ~~E~ `~~pt~G~B~E CE C 1~• ; ~ DEPI. Uf REYENUf ~ ~0 f 0~ Q'~N~p~~Z QO~,~'i~~E CA-. ~ PB. ';C26'72 ' i• ' ~ ~ G 8. O a~ ~ PU~ `~V1~ ~~~j~ o ~ `°'f ~ GIERK G i 'r ~ ~ogetner with a!1 and singular the tenemenfs, hereditame~ts and appurtances tFxreunto belonging w in anywise appertaining thereto, and all rents, issues, ` croceeds and prof~ts accru~ng and to accrue trom sa~d premises, afl of which are included i~ the above and foregoing deuriptio~ snd habendum. ~ TO HAVE AND TO F~OtD the above described and granted premises unto Ihe said MORTGAvEE, its successors and assigns fo?ever. And the said thei r ; '.50RTGAGOR for he~rs, executors, admin~stra~ors and as:~gns, hereby covenants with the said MORTGAGff, it~ successoi~ ared assign~, the a re !har - Y------ lawfully se~zgd of the said prem(ses in fee }~mple; thar the same are free, clear and discharged from aU liens and encum- brances in law or in equity, and that they W~p a~ their ?Kirs shall war~ant and defend the title to the isme to the ssid :'.ORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PQOVIDED, ALYJAYS that if the MORTGAGOR sha11 pay u~to the MORTGAGEE the promissory note htreinbefore destribed snd ahsll iruly, promptly and fuily perform, d~scharge, execute, comptete, compty wirh and ab~de by each and every the stipulation~, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage antf the Estate nereoy creaied snaii ceax end ~,2 ru!! ar~ vaid. IT IS UNDERSTO00 that the word "MortgagoP' whethe~ in the s~ngutar or plural anywhere in this Mortgage, shall be singular if one only and shall be plural jointly and severally if mwe than one, and that the word "their" as used anywhere in this Matgage shal! be faken to mtan "hP~" "heri," or ^iu," wherever the context so ~mplies w admits. Also, that where~er there is a re(erence in the covenants and agreements herein contained to any of she parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, sutcessors and assigns (either vofuntary by act of !he narties or involunfary by operat~on of the law) of the same and thaf the covenants herein confained shall bind and the benefi~s and advantages inure ~o the respenive heirs, lega) representatives, succeswrs and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representarives, successws and assigns, hereby jointly and uverally covenant and agree ro and with the said MORTGAGEE, ita successas and assigns: 1. To pay alt and singu~ar the pnrx~pal and inrerest and tYre various and sundry sums of money payable by virtue of said prom~ssory note, and this mortgage, each and every, promptly on the days respect~vely the same several~y become due. 2. To pay all and s~ngular the ta,ces, assessments, lev~es, tiab~l~r~es, obligat:ons and encumbrances of every nature and kind now on said deuribed Hroperty, a that hereafter may be imposed, suffered, ptaced, ievied, or auessed thereon, or that hereafter may be levied q assessed upon this Mortg- age, or the indebtedness secured hereby, each and every, when due and payable, accwding to law, before they become delinquent, and before any interest a"aches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAIt BE PROMPiCY SA715FIE0 AND DISCHARGED OF 2:CORD AND 7HE ORIG~KA! OFFlGAI OOCUMf~JT (SUCH A5, FOR INSiANCE, TNE TAX RECEIPT OR iHE SATISfACiION PAPER OffICIAIIY ENDORSED OR CERTIfIED) SHAtI BE PLACED IN TNE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the eve~t that any thereof is not n3~d, sat sf~ed a~d d~scharged sa"d MORTGAGEE may at any t~me pay the same or any pan tFe~eof withou~ wa~ring or affett;ng any opt;on, {ien, equity or •~qht ~nder w by v~rtue o4 th~s mo~rgage and the full amo~nt of eath and every such payment shall bc immed~ately due and payable and shall ~ar interest ~rom the datt thereof until pa~d at rate of n:ne per ce~tum per annum end ~o elher w:th SuchOinjFre~ ~`61a be~'c~ r4d b the iien Of fh:3 morgtage. ~ 9 dl'V11~V~ rw{1 iV•J(,~ . ~ s ~ ~...,_~,~t . Y ~ ~ i ~t _ . ~ W . z~~~~~~,a