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HomeMy WebLinkAbout0145 /1/Z V V i~/ ~ W THIS INDENTURE, Mads the lSth day of Janua ry A.D. 19 73 .t6~tlween o n . enna» an ry . e~}~ „ 1s~:wi e t ~ ~ of ,.$t _ LuC~B . Counry Florida, hereinafter desgnated as the "MORTGAGOR," and FIRST fEUERAI SAVINGS AND LOAN ASSOCIATION OF FORi ~IER~E, a corporahoe~ w9anized and ex~iunfl under IM (a~,-s of IM Uniftd St~t~t ~of Amer~:e an3 hsviny iri prlncipal placs of busineu in tM City of fort Pi~rce, 51. luti~ County, flaida, hereinafter desiynated as tM "MORTGAGEE." WNEREAS tM MORTGAGOR is justly indebt~d to the MORTGAGEE in the sum of = 1~~~~'~ , good and lawful money of the Un;ted S+ates advanced by ~he MORTGAGEE unto the MORTGAGOR, aa evidenced by a terta~n promiuory note bf even date herewith, oi wh~ch tha followiny in words and figuret is a trus copy, to-wit: ' 3 11~000.00 Pip 1001928~ Fwr P~e«e, Ftorida, Jan ua ry 15 19~_ for vatue received, 1, we or e~ther of us, prom~se to pay, without defatcation, to the order of FIRST FEDERAI SAVINGS P~ID IOAN ASSOCIATION OF fORT PIERCE at fwt Pierce, tbr~da, tne sum oi 311 w;th ~nterest irom date at the rafe of 7• 7 S'/o pe? annum, in monthly instalb meros as (ollows: S 91•0O on 1he l~t'h d+Y a{ ~'~BrCh 19 73 and a like sum on the correspond~ng dsy oi each me~th there- atcer until the whole be fully paid. Each installment (irst shalt be appfied in payment of the interest and then on the unpaid balance of ~he princtpal sum. If default is made in fhe ~a~ment of a~y installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, a~l the ~emaininy ~~~sraltmenfs shall be due and payable at once. Privilege is give~ to prepay this note in whole or in part ~f ~ny t~me without penalty. NeitFxr fwebear~~ce, nor accepta~ce by tht holda thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S 4` 55 shall be added to each i~stallment iemain~ng unpa~d 7 days after ita due date, and a like sum shall be added to each such installment remaining unpaid 7 days after aach succteding payment date. Each maker, surety arx! endorser hereot, jointly and severally, waives demand, presentment p~otest and notice of p~otest for nonpayment, and further agrees to a~y exfension of time oi paymenf, either betore w after maturity, without not~ce to any of us; and to pay all costs of collection, includ~ng a reasonable attorney's fee in the event of any defau~t hereuoder, and hereby severally waives all benefit of homestead and exrmplion under 1Fx constitWion and laws of each State of the United States, as against this obligation w any extension or renewal hereof. Witness the hand and seal of each party. 5~ John C. Tennant (SEAI) (SEAL) (SEAU $ 16.50 sI Marv S Te nant ~?U c ) sfare ae~~,~ ~ x ~ ; NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of sa~d sum of = 11 ~Q snd the pe?formanca of ths ! covenants and agreeme~ts hereinatter expreased, and fw divers good and valusble considerat~ons, by these presents, does grant, bargain, sell, rem~u, f re~ease, convey and confirm unto the MORTGAGEE, iri tucceuors and auigns, all that certain lot, piece or parcel of Is~, situate, lying, and beinp i~ ths ~ County of SL. Lucie and State of Flwida, dexribed as follows: ~ Pt i Lot 4 and thP kest 3s of Lot 5, Block 17; SUNLAND GARDENS, as i per plat thereof on file in Plat Book S, Page 32, of the ' Public Records of St. Lucie County, Florida N ~ac--- t ~ ~ N ARY r 1~AlNPUTAx! F ~ ~ ~.~ir~x ~ r 1 _ _ ~i6.501 ; ~ o _ ; o ~ ~~~io2 ~ i • ( ~L ~ - ~ IN PA~IMEtIT Of 1~ ~ pUE NO~~' 11SS 'C' INTANGIBLE PER90NAL PRO?ERn. Y p~~SUANT TO CW~ER 71-134. AC1S OF lyll. ~ ~ ~p~,~R POIT~tl~S ~ CLE(G( CIRCUIT CQ~1RT. ST. LUCIE 00.. ~ ~ ~ ~ together with all and singular the tenements, hereditaments and appurtances thereunto belongi?g or in anywise appertaining thereto, and all renfs, iswes, ~ ~ proccl~S and profits sccruing and to acuue from said premixs, all of which are included in the above and foregany dewiption and hat~endum. ~ ~ TO H~1VE AND TO HOID the above desuibed and granted premises unto the ssid MORTGAGEE, its sutcesson ~nd ssigns fwever. And iM s~id ~ ~ MORTGAGOR fw thei 7[ ~;~s, executors, administratws snd assigns, hereby covenants with the said MORTGAGEE, iri wccesiors ~nd +ui~a. ~ ~ ' ±~at lawfully xi:ed of the sa~d premises in fee simple; that the same are free, clear and diuMrged from all liens and encwe- ~ brances in law or in equity, and that thev will and their heirs shall wsrrant and defend the title ro tMe same to the said ~ !+tORTGAGEE, its successors and assigns, faever against thr lawful claims and dema~ds of sl~ persan; ~ ~ v PROVIDED, AIWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefore dewibed and shall truly, promptly ~ and fully perform, d~scAarge, execute, complete, comply with and ab~de by each and every the stipulations, agreenxms, conditions and covensnts of said - promissory note and of this Mortgage, then this .'Nwtgage and the Estate hereby ueated thall ce+se and be oull and void. IT IS UNDERSTOO~ thst the word "Mwtgsgw" whether in the singular or plural anywhere in this Mortgsye, shall be singular if w» only and shall be plural jointly and severally if more than one, ar.d that the wwd "theii' as used a~ywhere in this Mwtgage shall be tsken to me+n "his;' "hen," o. "its:' wixrever the context w implies or admits. Also, that wherever there is a refere~ce in the covenants snd sflreements fxrein co~tsined to any of !he parties Frordo, the same shall be construed to me~n ss well as the heirs, legal represe~tatives, successon and assiyns (either voi~ntsry by act of the part~es or involuntary by operatan of tF~e law) of the same and that the covenants herein containcd shall bind snd the benefitf and adv~nta~es inur~ -N ro the respective heirs, leysl representatives, successors and ass'gns of the parties hereto. And said Mortgagon, fo~ themulves and their heirs, legsl representatives, sucsessas snd assigns, hereby jointly snd ieverally covenant ansl ayree ~o and with the wid MORTGAGEE, its succeuors and assigns: 1. To pay ~II and singular the principsl snd interest ~nd the various and sundry sums of money payable by virtue of said promistory note, and this mortgage, each ~nd every, promptly on the dayi respectively the same severally becane due. 2. To pay •II and singular the taxes, ssusunents, levies, liabilities, obligations +nd encumbr~nces of every nature and kind now on said dewibed property, w thet hereafter may be impoted, svffered, plated, levied, w auessed thereon, or thst hereafter may be levied or a~sessed upon tha Mwt¢ - a3e, w tF?a indebtedneu secured hereby, exh and every, when due snd payable, accordiny to law, befae they become delinq~t, and befwe ~ny i~tereit atraches or any penalty is incurred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AN~ DISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIAIIY ENDORSED ~ OR CERTIfIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the eveM that any thereof is not ~ paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thercof without waiving w sHecting any optan, lien, equify or •~~ht under or by virtve of this mortgage and the full amouM of each and every such payment shdl be immediately due and payable snd shsll besr intereit ~ ~rom the date Ihereof until paid at rate of n~ne per centum per annum and together w~th such imerest fh 1 y~ed by the I' n mor9t~yt. ~ - 6t~x~~V f~1CE ~~t~ . ~ ~ ~ ~ :