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HomeMy WebLinkAbout0147 tr+'YVV1V ' ^ V~ THIS INDENTURE, IN~d~ tl~s 1$Lh day of 'J~4ary , A.D. 19 73 betwcen John C. Tennant and MarY S. ?ennant, his wife__ of St . Lucie CW~fy Florida, hereinatta desiy~ated ss the "MORTGAGOR," and FIRST FE~fRAI SAVINGS AND LOAN A55pC1ATION OF fORT PIERCf, • corporation w9anized and existir~ under the laws of the United Sea~os of America and having it~ principal place of businsss in tM City of Fort Pierce, St. tucis Couny, Florida, F+ereinafte~ designated ai tM "MORTGAGEE." WHEREAS tM MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of = 2519~•00 , qood a~d lawful money of the Un~te~: S~ates advanced by ths MORTGAGEE unto the MOATGAGOR, as evidanced by a certaln promissay_ ~ote of even date herewith, of which the fotlowing in words and figures if a true copy, to-wit: z 25 L900.00 ~ 10019288 ; ~ P~e.~, Flaida, ~anuary 15 19 73 ~ Fw value received, I, we or either of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIAiiON OF FORT PIERCE at Fort Pierce. Florida, the sum of s 25 ~ 90~ w~th inrerest from date at the rate of 7• 5% pe~ annum, i~ monthly install- ~nents ai foltows: S2~ on the l~h day of ~rCh 19 73 and a like sum on the correspond~ng day of eac6 rr.onth there- afrer umil the whole be fully paid_ ~ + Esch installment first shall be applied in payment of ~he interest and then on the u~pa~d balar+ce of the princ~psl sum. If default is made in the ~ payment of a~y installment whe~ due, and such default continves 30 days, then at the opt~on of the holder, and without any other not~ce, all the remaining \ ~nstallments shall be due and payable at once. Privilega is yiven to prepsy this note in whole or in pan af any Nme without penalty. Neither iwebearance, nor acceptance by the holder thereof after arty default ;n any payments hereon, sAall be deemed extension. A fate payment charge of s 10.45 shall be • ~dded to each installment remaining unpa~d 7 days afte~ its due date, and a like sum shall be added to each such i~statlment remaini~g unpaid 7 days after each svcteedirg payment date. ~ Esch maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest fw nonpayment, and further agre~s to any extension of time of payment, eitixr before o~ after mawrity, without not~ce to any of us; and ro pay afl costs of collec?~on, indud~ng a reasonable attorney's fee in the event of any defaull hereunder, and he~eby severally waives all be~efit of homestead and exemption under the constitution and laws of each State of the United States, as against this obl:gation or any extension or renewal hereof. ' W~tness the hand and seal of each party. . S/ John C. Tennant (SEAI) ~ (SEAI) a S IHd.Y~I 5. Tenaant (SEAU cs~?u `j ( $38.85 J State Revenue ca?s.~s~wawa~ax~~r-~~ ~ NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of seid sum of = 25 ~ 9~~ 00 ~nd the performance of the co~enants and agreements hereinaf?er exp~essed, and fw divers good and valu~ble considerations, by these presents, does grant, bargain, sell, remix, release, co~vey and confirm u~to the MORTGAGEE, its s~cceuws and auigns, atl that certain lot; piece or parcel of land, situate, lying, and beir?p in the County of 25s~0•~ . snd State of Florida, dewibed as fdlowt: ~ Lots 1 and 2, Block 69, LAKEWOO'D PARK, UNIT ND. 6, as per plat thezeof on file in Plat Book 11, page 7, of the Public Records of St, l.ucie County, Florida i ; , I i ~ ~ ~ ~ C~R I D A ~ ~ - G IN PAl?IMFNf OF TIU~ ~ u N ARY tAMP t x j ot~ on~ cuss ~c ?~?r~siee~ rEQSOru~ P~xn ~ ~ flE?i.0i I~rEfltrE p1RSl1ANT TO CHAPTER 71-134. ItCiS OF lyll. ~ ~ o .w~r» ~ ~ 0. 8 S i ~ aoc~ Poir~as a- - ~ ; CIRCUIT OOURT, ST. LUCIE Op., ~ e ~ _ ~I~Ot , ~ • a _ ~ ~ ' ~ ~ 4 ~ ~ rogether with all snd singular the tenemcnts, hereditamcnb and sppurtances thereunto belonging w in anywise appertainirg thereto, ~r+d all rents, issues, ~ pr«eeds +nd pro~its accrui~g and to acaue from said premises, all of which are included in the ~bove +nd fwegoing dexription and habendum. ~ TO HAVE AND TO NOID the sbove dexribed and granted premises umo the aaid MORTGAGEE, iri successon and ~ssigns forever. Md tFw said ; i h50RTGAGOR for ~ 1l--- heirs, exetutors, administrators and assigns, hereby covenanri with the said MORTGAGEE, its sutcesaors ~nd ~ui~M, ~ ~ that _ thelr_are__ ~a~r~uy xized of the said premises in fee simple; that the same are free, ckar ~nd diuhsrged from all I'~cns ~nd N+cum- i ~ brances in law or in equity, and thst theY will snd ~h~= hein thall warnM and defend the title to the same to the said ~ MORTGAGEE, its socceuws and auigns, fwever sgainst the lawful daims and demands of all perawn; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTCaAGEE the ptomissory rwte Fxreinbefwe described and thall trul tl ? Y. Wa^'~P Y and fuily perform, d~xhsrge, execute, complete, comply wi?h and abide by each and every the itipulations, agreements, conditions and covenanri of said ; _ promissory note and of this Mortgage, tixn this Mortgage and the Estate hereby ueated shall uase and be null and void. ~ IT IS UNDERSTOOD that tAe wwd "Mwtgagor" whether in the singular or plurol anywhere in this Mortgsge, shall be sinpular if one only ~nd ~ shall be plurel jointly and severally if more tMn one, and that the wwd "their" ss used snywhere in this Mbrtgsge shall be t~ken to mean "his;' "hen;' ~ or "its," wnerever the context so implies or admits. Also, that whereva there is a reference in the covenants a~d agreement~ herein conuined to a~y of - ihe parties hereto, the same shall be construed to mesn as well as ihe heirs, legal representatives, successon and assigns (either voluntary by acf of the : ' pa~ties or inrolumary by operatan of the law) of the same and that the covenants herein cont~ined shall bind and the benefits and advmta9es inure ' ;rt to the respedive heirs, leyal representatives, svccessors and us~gns of the parties heret0. ; v And ssid Mortgsgc?rs, fw themselves and their heirs, legsl repreuntatives, successors and auigns, hereby jointly and sevenlly covenant and apree _ ro and with the said MORTGAGEE, its successws and assigns: 1. To psy all and sing~lsr tFk principal and interest and the vnriovs and sundry sums of rt~ooey payable by virtue of said promissory note, and this ' mortgage, exh and every, promptly on the days respectively the same severally become due. 2. To pay •II •nd si~g~lar the tazd, assessments, levies, liabilitiei, obligations a~d encvmbnnces of every nature and kind now on ssid deuribed property, a that hereafter may be imposed, suffered, plxed, levied, or asscssed thereon, w that hereafter may be levied w usetsed ~pon this Mort~- age, or the indebtedneu secured hereby, each and every, when due ~nd p~yable, xcordirg to law, before they become delinqueM, and before ~ny interest atraches w any penalty is inturred; AND INSOfAR AS ANY THEREOf IS OF RKORD TNE SAME SHAII BE PROMPiIY SATISFIED ANO DISCHARGED OF ~ RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH A5, FOR INSTANtE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SA~D MORTGAGEE WITNIN TE~1 DAYS NfXT AFTER PAYMENT; and in the event that any thereof is not ~ paid, saYSfied and diuharged sa:d MORTGAGEE may st any t~me pay the same w aay pa?t thereof w~tFw~t waiving w affetling any optwn, lien, eGuity or r= •~aht under or by virtue of thi~ mortgage and the full amount of eath and every such paymeM shall be immediately due and payabk and shall bear interest F:' f~om the ~afe thereof until paid at rate of nine per cemum per annum ~nd together w~th such i~terest shaN be secyJed b t n of th:s w~ ~ r; 8G}~5~~~ - f . ~ ~r 4i ~ _ - ~ ~ -~_sn., , _ r - ~':s`°~a , 4~ ..~s~"'~...~~ ,-e