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HomeMy WebLinkAbout4972 . : 2449~9 THIS INDENTURE. Msde the_ 2nd day or _ JanuasY A.O. 19 73 be~wcen Marie M. Kenne~ys a widqw of St. LliCle C~nty Flo~~da, here~naftet dea~gnated as the "MORTGAGOR," and FiRST FEDERAL SAVlNGS AND IOAN ASSOClATlON OF FORT PIERCE, a corporaf~on wgan~zed and ex~sting unda~ the la~~t~U~~`ed ~~~t~ of flmerica and having i~s pri~cipal p!ace of business in ths City of Fort P~erce, St, lucie County, Florida, hereinaiter desig~a~ed t ORi~iA~'iEE. WHEREAS the MORTGAGOR is justly indebted 1o the MORTGAGEE in the sum of i 1210~• , good and lawfu! money of the Un;ted Srates advarscrd by rhe MORTGAGFf unto !he MORiGAGOR, as ev~denced by a cenaie promisawy oote of e0en dete herew+th, of hh:ch the (alow~ng in .~ords a~d (igures is a trus capy, to-wit: s 1 L ~ t~lY}t~ . t~Q N~, I OQ14-~41 Fort Pierce. Fro.~da, January Z 19.1~ fw value rece~ved, I, we or either of us, prom;se to pay, withouf defa!car~on, ro the order of FlRST FEDERAI SAVINGS AND LOAN ASSOCIATtON OF F ORT p1ERCE at Fort P;erie, Ftorida, the wm oF $ 12 O0 ~ w~rh ~nterasf from date at the rate of 7s_75?a per annum, in monthly instali- •,•anrs as rocaWS: s99.OO on t~lOLI1 day of Februarv ~q_ 73_ and a like sum on the co~resposd~ng day of each month there- a?ter until Ihe who:e be I~IIy paid. Each installment first shall be appiied in payment of the interest and tF~en on the unpa~d balance of the princ:pal sum. If deiault is made irt fhe ~ a;mrnt of any installment when due, and such default continues 30 days, tben at the opt~on of the ho~der, and without any other notice, all the remain~ng ~,stalfinents shall be due and pay~bte at once. Privitege is given to prepay this note in whole or in part at any time without penaity. Neither iorebearance, nor accep?ance by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late payment charge of S 4• 95 , shatl be added ro eacF inataliment remaining unpa~d 7 days afte~ its due date, and a~~ke sum shall be added to each such instaflment remaining unpaid 7 days aher each succee~ling payment date. Each maker, surety and endorser hereof, jointly and seve~ally, wa~ves demand, presentment protest and noti:e of p~otest for nonpayment, and further agre..~s to any extension of t~r,;e of payment, e(ther bafore or after maturiry, wirhout noKce to any of us; and to pay all costs of co,lection, includ.ng a -r,isonable attomey's fee in the event of any default hereundrr, and hereby seve~ally waives all benetit of homeslead and exemption ~nder the constitution .r~d laws of each Sraie of the United States, as aga~nst this obligation w any extena~on or renewal her~of. Witrsess the hand a~d seal of each party_ ' c i u.._: u v.. ~ a.. J/ PapL a c r~ • • VC • uc Vl ;~~ij a widow (SEAL) ~ (SEAU +~18 • ) $ta?e Reve~ue «l~ c`~~s zaisceii~d~a s~s~mait) NOW, TNEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 12 ~ 000• 0O and the performance of the covenan!s and agr~ment~ hereinafter expressed, and for divers good and valuabte co~siderations, by these presents, docs grant, bargain, sell, rem~se, retease, convey and conf~rm unto the MORTGAGEE, its successors and assigns, a!1 that certain lot, piece or parcel of (and, situate, lying, and being in the County of $L . Lucie and State of Florida, dewibed as follows: Lot 20, B2ock 16, of RIVER PARK SUBDIVISION, UNIT NO. 2, as per plat tbereof on file in Plat Book 10, page 72, Public Records of St . Lucie County, Florida, ? ~~..tN~ ~f~~~ w c v' / \R ° , - y~~. y STATE OF ~~D~~~A. ~ y'Z~ '+g~CtE ~~SOF 1 ° DOCUMENTARY,~ ~VE``,~~ S•,.~•c''~EQ 1~-~~' s ~ F~p,, sr R:~, S 1 A M P T t. + ~ DfPT. Ui NfYEyJE ~ + ' „~c ~ t ~ p .L~j~l 1~ ~~.~~ER ('OS` - ;..:.l-a73t- ~ v. ~ 0 ~ Ri w ° ~ P,B. `~`^~1?'E + e11~S ~ ~1~~ (~V ~ r 1 ( 1 ~ . y~''~ o ~ iogether w+th all and singular the ?anements, hereditaments and appurtances thereunto belonging w in anywise appertaining therefo, and all renH, issues, c~oceeds and prof~ts accr~ing and to accrue from said paemises, a!1 of which are included in the above and foregoing description snd habendum, TO HAVE AND TO HO1D fhe above described and granted premises unto the said MORTGAGEE, it~ successors and assigns forever. And the s~id :!OR7GAGOR fw -~~Z----- heirs, executors, administrators artd assigns, hereby covenants witA the said MORTGAGEE, its suttessors and ~ssiyns, ~~ar - thQY ate--- tawf~lly sei:ed of the said premises in fee simple; that the same are free, clear and discharged from a!1 liens and encum- brances fn law or in equity, and that t~le~/ w~lt and th i r heirs ahall warront and deFend the title to the same to the said 1~~ORTGAGEE, its successors and assigns, forever against the tawful ctaims and demands of alt persons; PROVIDEU, AtWAY$ that i/ the MOR7GAGQR shall pay u~to ?he MORTGAGFE the prom;ssory nole herein6efore dexribed end shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenanri of said prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shafl tease a~d be nuH and void. IT IS UNDERSTppD that the •.vord "Mortgagor' whether in the s~ngulrr or plural anywhere in thit JNo~tgsge, sball be singulnr if one onty snd shall be pturel jointly and severally if more than one, and that Ihe word "theii' as uted snywhere in this Matgsge shall be taken to mean "hif;' "hen;' or "its;' wherever the context so imp~ies or admits. Alw, that wherever there i• a reference in the covensnts and agreements herein toroained to ~~y of rhe parries hereto, the same ahall be construed to mean as well as the heirs, legal representatives, successws and assigns (either voluntary by ~ct of the parties o? invol~nta~y by operation o~ the law) of the same and that the covenants herein contained shall bi~d and the benefits snd advantages inure +o the respechve heirs, tegal representatives, succeswrs and ass°gns of the parties hereto. And said Mortgagors, for themselves and their hei~s, Iegal represenratives, successors and assigns, hereby jointly and uverally covenant and ~gree ro and with the said MORTGAGEE, its successors and ass~gns: 1. To pay all and singular the prirxipal and i~terest and the var~ous and sundry sums of monty payable by virtue of said promissory note, ~nd this mortgage, each and every, promptly on the days respectively ihe same xve~ally become due. 2. To psy ali and s~ngular the raxes, assessments, Ievies, liabil;r;es, obligat;ons and encumbrances of every nature and kind now on sa~d described property, p that hereafter may be impoted, suffered, placed, levied, or auessed thereon, a that hereaiter may be lev7ed or assessed upon this Mat9- age, w the indebtedness secured hereby, each and eve?y, when due and payabte, according to law, before they become delinquent, and before any intaest a~rathes or any penslly is intvr~ed; AND lNSpFAR AS ANY THEREOF IS OF RECORO TME $AME SHAII BE PROMPTIY SAi15F1ED A~ID DI$~HARGED OF RECORD ANO THE ORIGIn:AI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIALLY ENDORSED JR CERTiftED) SHAtL 8E ~tACED IN iHE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event that any fhereof is not F>a~d, sat sfied and d~scharged sa d MORTGAGEE may at any t~me pay ~he same or any part thereof withour waiving or affecting any option, lien, eQuity or •~qht under or by virtue of this mo*tgage and the full amount of each and every such payment shalt be immediately due and payab~e and shal! bea? inte~est ~~um the date thereof ~ntil paid ar rate of n!ne per centum per annum and toge~her w~th s~ch interes{„sFy~ll ed by t of th"s morgtaye. aooK ~~~~5 - - ~ ~ : - ~ ~~x~„~ _ ~ a A , ~ ~ , . ; ~ _ . Y.f.., 20!;~'!r~=_