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HomeMy WebLinkAbout4847 z~~~ssti ~ ~ THIS INDENiURE, Made the day of (~P~' s r A.0. 19 72 between Jia~v C. Gill and Marqalette ~S3i11. his wife of $t. Lucie Covnty Ftorida, hereinsfter desgnared ss the "MORTGAGOR." and FiRST FEOERAI SAVINGS AND L0~1N ASSOCIATIOlV OF FORT PIERCE, • co~paation organized and existing under the laws of 1M Un:ted Stat~s of Americ~ and hav~ng itt principal ptace of bus~ness in fhe City of Fort Pierce, St. lucia County, Flaida, hueinaftsr desiynated as the "MORTGAGEE:' ~ WHEREAS the MORTGAGOR is ju~tl~ indebted to the MORTGAGEE in the sum of = 2g i0~ 9ood and lawful money of the Un~ted c*_*zs a~,~-~~¢ ~y MQ4TGA~=EE .~~o the MC~RTGAGOR, as evidenced bv a certain promissay note of even dafe herewith, oi wh;ch the fo~lowing in wo~d~ and figures is a ~rue copy, to-wit: ' s 2 a~ 00~ . 00~ No--100]AZ.3.S Forr P~~rce, Flwida, Deceaber 27~ tvZ~ Fw value rece~ved, vve or eithe~ of us, prom;se to pay, without defa!tat~un, ~o the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIAiION OF FORT PIERCE al Fort Pferce, F(orida, the wm of S 2~~~.-~-- N•~th inrarest from date at the rate of Z..~9t'o pe? annum, in monthly instalb ~nems as fol!ows: S-~,Z.~- -1Q~h day of f'~!1{llZ~[----. 19_~j_ and a tike sum on the correspond~ny day of each moNh there- afrer until the whole be fully paid. Each insrallment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal wm. If detauh is made in the F•a~~nent of any installment whrn due, and such default continues 30 days, then at the op~Eon ~f the holder, and without any other not~ce, all the remaining ~nsrallments shail be due and payab!e at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither fwebearante, _ lA ~.A nor acceptance by the holder thereof after any defauq io any paymeros hereon, sha~l be deemed extens~on. A late paymem charge ot - sna~i ur added to each installment remaining unpa~d 7 days after iri due date, and a like sum shall be addrd to each such ins~ailment remaining unpaid 7 days sfter each sucteeding paymeM date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and norice of p~otest for nonpayment, snd further agrees to any eatens+on of tin,e of payment, ei~ner before or after maturity, wi~hout notice to any of us; and to pay all costs of collection, includ;ng a ~easonable attorney's fee ~n the event of any defau:t hereundar, and hereby severally waives all benefit of homestead and eaemption under the constitutan an~ laws of each State of the Un~ted Srates, as against this obt+gation or any extension w renewal hereof. Witness the hand aRd seal of each parfy. SL Ti~3Cs• ~'ill (SEAL) (SEAU ~ Maraalette Gi 1 (SEAt) C~ csenu ~7 42 ) Sta+e Revenue NOW, THEREFORE, the MORTGAGOR fw the purpose of securinq payment of said sum of S 28 L~~ , and the performance of ths covenants a~d agreements hereinafter eapressed, and for divers good and vsluable considerations, by thex presents, does grant, bargain, sell, remise, re;ease, convey and tonfirm unto the MORTGAGEE, its succeswrs and suigns, all that certain lot, piece w parcel of Iand, situate, lying, and being in the County of and Stste of Florida, described as follows: Lot 18 and the West 20 teet of Lot 19, Block N, MARAVILLA ESTA2BS, as per plat thereof recorded in Plat Book 8, Page '77, of the Public Records of St . Lucie County, Florida ? , ~~o ~ ' u~ ~~5°AMQ t ~ _ , ~ ~ t ~ Ai _ Z 0 4 ~ ~ ~ 'Q ~/~GV~~R ~EKVE t, 1 d fN~ ~ 11~ _ C IN PAYM ' o= DE4 ~ ;~i,M~~ i` ° ~ ~ ~ ~ 'C 1!l7AN~18LE PERSUNAL 19~~~ - ~ DUE . A 1S ~ ~ ' ~{pPTER 71134. g ~r P.~ P11R$11At~T N ~ll~~ .~a~ p ~ ~t~OT gp:~E3 FOITRI"~ tA ~ ~ ClEp1( CIRCU1i GJ.:Zf, S• •~•:t C0. ~ ~ together wifh all and singular the tenements, hereditaments and appurta~ces ihereunfo belonging ot in anywise +pperl+i^~n9 thereto, and alI renis, issva, ~ oroceeds and profHS accruing and to accrue from ssid premises, all of which are included in the above and foregoing description snd habendum. ~ TO HAVE AND TO HOLD the above described and granted premises u~to the said MORTGAGEE, its svcceswrs and assigns fwever. Md tM said " htORTGAGOR fw -thglr heirs, executors, adm~nistrators and assi~ns, Fmreby covenants with the s+id MORiGAGEE, its succeuors and stsi9ro, ~ rhat --~K--~~-- ~awfulfy xized of the said prem~us in fee simple; that the same are free, clear and discharged from all liens and encum- ~ -y brances in law or in equ~ty, and thst they a~Lh61Y heirs shall wsrrant end defend the title fo the same ro the said M,ORTGAGEE, its successors and assigns, forever a9ainst the lawful claims and demands of all peraons; sz PROVIOED, ALWAYS that if ~he MGRTGAGOR shall pay unto the MORTGAGEE the promisswY note hereinbefore dewibed and shall truly, promptly - and fully pertorm, d~scharge, execute, comp~ete, tomp~y with and abide by each and every the stipulations, agrcements, conditions and covensnts of ~aid prom~ssory note and of this Nbrtgage, the~ this Mortgage and the Es~ate hereby crea?ed shall cease and be null and void. a~' IT IS UNDERSTOOD 1Mt the word "Nbrtgagw" whdher in the s~~gular w plural anywhere in this Mortgage, shall be sinau~ar if one only and shall be plural jointly and uverally if more than one, and that the word "the~~" as uscd anywhere in this Mwtgage shall be taken fo mean "his;' "hert;' or "its," wherever the context so implies or admits. Also, that wherever there is s re+e?ente in Ihe covenanls and agreementt herein contained to any of fhe parties hercto, the same shall be construe~ to mesn as well as the heirs, legal representatives, sutcessors and aasigns (eitha voluntary by ad of the - parsie~ or involuntary by operarion of the law) of the same and that the covenants herein contained shall bind and the benefits •nd adv~ntages inure ~'7 +o the respective heirs, legal representatives, successors and ass~gns of the parties hereto. Ar.d said Mortgagors, fw themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and a9ree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promiasoty note, and this mortgsge, ea~h snd every, promptly on the days respectivety the same severally become due. 2_ To pay all and s~ngular the tues, assessme~ts, levies, liabii~t~es, obl~gations and enccmbrances of every nature and kind now on said described property, or that hereafter may be imposed, sutfered, placed, !evied, w+uessed thereon, w that F~ereafter msy be levied or esseued upon this MortQ- age, a the indebtedrxss secured hereby, each and eve?y, when due and payable, xcording to law, befwe they become detinqvent, and before any interest a~raches or any penalty is inc~rred; ANO INSOFAR AS ANY THEREOP IS OF RKORO THE SAME SHAII BE PROMPTIY SATISFIED AYD DISCHARGE~ OF ~ RECORD AND THE ORIGINAI OFFICIAI DOCU7NENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE $ATISfACT10N VAPER OfFICIAIIY ENDORSED Y=; OR CER7IFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE W~iNIN TEN DAYS NiXT AFtER PAYMENT; and in the event that any thereof is not . oa~d, sat sfied and d~scharged sa d MORTGAGEE may at any nme pay the same w any pan thereof without waiving w affecting any option, lien, equity w •~~ht u~der w by virtve of this mcrtgage and the full amount of eat~ and every iuch payment shall be immediately due and payable and shaN bear interesl ~~om the date thereof unril pa~d ar rate of n;ne pe* centum per annum and tagether wnh such interest shall be c lien of r aQe. ~ f'1 ~ ~ f.~~~ l:'. ~ ~ ~y - _ ~A - v . _ - ,