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HomeMy WebLinkAbout0033 245'750 ` - THIS INOENTURE. 1N~ds the 12th da of `~~~`Iy . A.~. 19 73 betwtee? : Bugeae ~l. Stokes and GeYtrude SxQ~es„ bis .wdae! ~ ' _ ~ ~ of $t• LuCi~ , Go~nry Florid~, Mreinafta deigns~ed +s the "MORTGAGOR;' +nd FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, ~ corporation orpu~ized and exii~i~g under the laws of tl» U~~ted Sula oi Americ~ ~nd h~vinp its principa~ place of busi~ess in tiw Ciry o( Fwt Pi~res, Sf. Lucit County..fiorida, heninafter desiyneted as ths "MORTGAGEE." WHEREAS tM MORTGAGOR is ju~tly indebted to tM MORTGAGEE i~ the sum of =_~s..~U4•~ good ar.d~lawful money of the United ~ S~ates advanced by ths MORTGAGEE u~to the MORTGAGOR, as evidenced by s ccr~ain p~omissay note of even date herewith, of wh~th the following in ~ wadi snd figuret is a trut copy, to-wit: ~ 3 , pp 10019282 fon Pierce. Flaida, `~~udYY 12 ~q 73 Fw value rcceived, 1, we w either of us, promise to psy, without defalcatio~, to 1he order of fIRST FEDERAL SAV~NGS AND IOAN ASSOCIATION OF i FORT PIER( at Fat Pierce, Flaida, the sum of S1y~~~*9~~~ w~th interest irom date at the rate of~~% pe? +nnum, in monthly ir?stall- ~nents ss (oflows: s 115~~ w? the l~t'liay o{ ~rCb , ~9 73 and a like svm on the cwrespo~d~ng day of each month therr after until the whole be fully paid. - Each installme~t first shall be applied in payment of the interest and then on the unpaid balance of the prirx~pal sum. If default it made in the payment of any ins~allment when due, and such default co~tinues 30 days, then at the option of the holder, and without any other notice, all the remainin9 ~nstallments shall be due and payable at o~ce. Privileye is given to prepay this note in whole w in part at a~y time without penally. Neithet faebearance, ~or acceptarxe by the holder tFxreof after any default in any paymen~s hereon, shall be deemed extension. A late payment charge of shall be added to each installment remainir?g ~npa~d 7 days after ifs due date, and a like sum shall be added to esch such installment remaining unpaid 7 days afte? each succeeding payment date. ~ Each maker, surety and endwser hereof, jointly and sever~lly, waives demand, preaentment p?otest and notice of protest for nonpayment, and further agree~ to any extension of time of payment, either before w after maturity, without notice to any of ua; and to pay all costs of colleqion, including e reasonable attorney'~ fee in the event of any defauit hereunder, snd he~eby severally waives all benefit of homestead and exemption u~der the constitutian a~~d laws of each State of the U~ited States, as against this obligation w sny eztension or renewa! hereof. Witness the ha~d and ual of each party. . s~ Buqene V. Stokes ~ } (5~?U s/ Gertsude Stokes ~Au cs~?U ( +S20.85 ) Siate Reven~e (S~awM.a~wcdbd. ~n.~ri'i~~l ~~1~1~ NOW, iHEREFORE, the MORTGAGOR for the purpose of securing payment of ssid sum of = 13 a 9~• ~ and the pe?formance of fh~ covena~ts and agretmenti hereinafter expreued, and fw divers 9ood and vatuable conaiderations, by thsse presents, does grant, barysin, ssll, remise, ~ release, convey and confirm unto the MORTGAGEE, its successws and auigns, all that certain lot, piete a parcel of land, tituate, lying, and beug in the Counry of St. I.ueie and State of Flwids, dewibed ~s follows: ~ i The South 75 f eet of the West 137 f eet of the South 546 f eet - of the North 926 feet of the SB~ of the NW~ of Sectioa 8, , Township 35 South, Range 40 Bast. i i i ~ R ( • i t o~ ORlDA1 ~ ~ r,° ° UMEN ARY TAMP A X~ RECEIYED ~ J- IN PAYINENT Of TAXt~ ~ DUE ON CUISS 'C' INT1W618lE PERSONAL PROPERIY, A OEPt.Oi 1tEYEli1lE I . PURSWNT TO CFIAPTER 71-13t. ACTS OF 19/1. F ~ . ~ _ _ ,~w~rn ~ t Q 8 51 ~oc~r ~oRr~s r„~~ < ^ 11 ~ ' CLERK CIAqJIT COi1RT. S!. IUCIF Cp., Ft/~ ~ o ~ ~ ~ ~ rogether with sll and singulsr tha tenements, hereditamentt snd sppurtances thereuoto belorging a in anywise appertaining tlxreto, and sll renb, iuues, ~ ~ proceeda and profits acuuing and to acaue from said premises, all of whid+ are included in the above snd fore~oing description +nd habendum. i TO HAVE AND TO HOLD the above described and granted premises unto tF?e said MORTGAGEE, its wccessors and su+grn foreva. Md ths s~id ~ thei r ' ~ MORTGAGOR for hein, executors, sdministrators and assigrts, hercby covensnri with the said MORTGAGEE, iri ~uccessws aod ~uiyro, ~ ~ that th~/ d!@ lawfully seized of the said prtmises in fce simple; that the ume are frae, ckar aod discharged from all lierw and encvrt? ? ~ brarxes in law w in equity, snd thst they W~~~ their heirs shell warrant and defend tM title to the same to tF~e ssid ~ ~ MORTGAGEE, its successan and assigna, forever sgainst tFx lawfvl claims snd demands of all persons; # PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry rate hereinbefwe described and shall trvly, prompfly ~ ~ and fully perform, diuharge, execute, compkte, comply with and abide by each and evay the ttipulations, sgreemenri, conditia» and covenann of sa~d ~ - promisswy note and of this Mortgsge, then this Mwtgsge and the Estate hereby veated shall cesse and be r.ull and void. ~ IT IS UNDERSTOOD tMt the wwd "Nbrtgsgor' whether in tfie singular or plural anywhere in this Mwtgsye, shsll be sin~ulu if one only and ~ - shall be plural jointly ~nd severally if mwe than one, and that the wwd "their" as used anywhero in this Mwt9sye shall be taken to mean "his;' "hers;' i or "its;' wherever the conte:t w implies a sdmits. Also, th~t whereve? there is a reference in the covenants and ag~eemenri Fxrein co~tsined to ~ny of j the pa?ties hereto, the same shall be construed to mean ss well ~s the heirs, (egal representatives, s~ccesson and auigns (either voluntary by sct of fhe ; ' parties or involuntery by operation of the law) of the ssme and that the covenanrs herein contained shall bind and the banefin and ~dvantayes inure 4 to the respective heirs, leyal representatives, succeuors and ass~gns of the parties hereto. ~ And said M.artgsgors, for themulves and their heirs, legal representatives, successws ~nd ~uigna, hereby jointly and severally tovena~t ~~d apree ; to and with the iaid MORiGAGEE, its successor: snd sssigns: 1. To pay stl ard tingulsr the prncipsl snd interest snd the various snd wndry svms of mo~ey p+yaWe by vi~tue of said promiaory nole, and fhis mortgage, esch and every, prompl~y on the days respectively the ssme severaliy become due. ,s; 2. To pay •II and ~ingular the taxd, ssseumenn, levies, liabilieies, obl~gations ~nd encumbrancet of every ~asure and kind novr on ssid dexribed property, w that hereafter may be imposed, suffered, plxed, levied, w assessed thereon, or th~t heteafter msy be levied or aueued upon this Mwtp- age, w the indebtedness secured hereby, er~ch and every, when due and payable, according to law, befae tF~ey become delinquent, and befon any interesl anaches o? a~y penalty Is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 6E PROJMPiLY SATISFIED AND DISCHARGED OF - RECORD AND THC ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR tNSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of ~SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the event that any thereof is rwf paid, sat:sfied and diuherged sa:d MORTGAGEE msy ~t any time pay the same w any part thercof without waiving w aHecting any option, lien, equity w ~:qht under or by virtue of this mortgage and the full amount of each and every such payment shaN be immediately dve and p~yabk and shall bear inte~est ~rom the date tFxreof untif paid at rate of nine per centum per annum ~nd togethcr w~th s~ R erest ~hall be secured by the lien of th:s morgtpe. ~ ~~L~ ~V ~uG ~ ~ , a+" . . . :,F"3, ~ _ - .~~;i'.: ~ ~ j,~""" ~rr,,,./3 . •.~.F 6~ ~ ~ ~M- . c._ . . ;..e . . . ~ ~.v ~ _.~}.u~.~