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HomeMy WebLinkAbout1761 ~4b~s~ - TNIS IIvDEN1URE. Made the ' 31 s t day of '~anUdY y A.D. 19 73 batween . Charles N. Lord and Mazy L. Lord, his wife of St. Lucie County Flaida, hereinaffer desgnated as the "MORTGAGOR:' and~ FIRST fEOERAI SAVINvS AND IOAN ASSOCIATION OF FORT PIERCE, a corporaGon organized and existirg under tAe law~ of the Un~ted S~+tas of Ame~ica and havinp its pri~cipat piace of businsss in ths City of fort Pierce, St. lucie County, fiorida, hereinafter designated a~ rhs "MORTGAGEE:' WHEREAS the MORiGAGOR is justly indabttd to tM MORIGAGEE in the sum of = 13+2~•~~ , good and lawful mo~ey of the Un~ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n prom~sswy note of even date herewith, of wh~ch the iol~owing in wordi and (igures is a Iruo copy. fo-w~t: ~ 13 , 200. 00 10019358 fo.~ P~~?~e, Florida, Janu ary 31 ~y 73 fw vatue ieceived, 1, we ot either of us, prom~se to pay, withoul defaltation, to the ordrr of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the sum of S 13 .2~~_~ w;th inte~est from date at 1he rate of ~o per anrtum, in monthly install- ~nents as foi!ows: S 109• ~ en the lOth d,y ,f N{dYCt1 ~q 73 and a like sum on the correiponding day of each month there- after until the whole be f~lly paid. Each insrallmeN first shall be appi~ety m payment oi ~n@ ir~irerai e~.J i;,r.: ;,a :h~ ,;r.;,,;:3 ~a!sn.r :f !tie ~•~~~;y~ •~rr. If default is made in the ;~ayment of any ~nsrallment when due, and such default confinues 30 days, the~ at rhe option of the holder, and without any Nher notice, all the rema~ning ~nstallments sha~l be due and payable at once. Privilege is g~ven to prepay this note ~n whote w in part at any rime without penalty. Neiiher fwebear~nce, nor acceptante by the holder thereof after any defauit in any payments hereon, thall be deemed extension. A late payment chsrge of S_ 5~ 45 shall be added to each instal~tnent remaining unpa~d 7 days after its due date, and a like sum shall br added to each such installment remain~ng unpaid 7 days after each succeeding payment date. Each maker, surety and enderser hereof, joiNfy and severatty, waives de~nand, pretentment pro!est and notice of protest for nonpayment, and further ag,ees to any exlens~on of time of payment, either before or after ma~urity, wiihout notice to any of us; and +o pay alt costs of collection, includ~ng a reasonable attorney's fee in the event of any defau~t hereunder, a~d hereby severally waives all benefit of homestead and exemption under the constifutiott and .aws o~ each Srate of the tJnited States, as against this obligation or any extens~on or renewal hereof. Witness the hard and seal of each party. s/ Chazles N. I,ord (SfAI) ts~?i) s/ Mary L. Lord cseau $19.80 t ) Srate Revenue ($tdr~~ iMK~O~ -0A ~M~iM~ 1~d0~ NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of said sum of S 23 ~ 2~• ~ and the perforrt~ance of ths covenants and agrceme~ts hereinafter expressed, and fw divers good snd valuabfe tonside~at~ons, by these presents, doea granL bargain, sell, remise, reiease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece o~ parcet of land, situate, lying, and being in the County of SL. Lucie , end Stste of Fiorida, desuibed as follows: Lot 13, Block 15, (.AKSWOOD PARK, UNIT 2, as per plat thereof on file in Plat gook 10, Page 56, of the Public Records of St. Lucie ~ounty, Florida ~ t~~ o+~' LQ R 1 L7 A ~ME~ °~-„~r. A tA~?P In> I = oo~j~ : ` - ! 4A ~~,a~ Q °O pEFt. Of .~E~E«{IE A ~ ~ O ~ ~~i' ~E P~:,^ ~ ~ ,9 ,,r ' . c ~ ~ .ilri~l'1~ ~p S .G ~N~Ac~~B.~~'+~~Sjy G~ E~A ' o ~ _ 1 ~~,E~ C~~ c~~~t4 ~t,~ 1 ~ ~~~E. Q~ 1N02 . QN ~Q J~t' c, ; QV~ ~~t C~ C~-~ ~ E i r r~gether with aIl and singula? the feneme~ts, hereditamenrs and appurtances thereunto belonging pr in enywix appertaining thereto, and ~II rents, is~ues, F proceetJf snd profits au~uing and ~o accrue from said premises, all of which are included in the ebove and foregoing description and habendum. ; TO HAVE AND FS l0 the ~bove desuibed and granted premises unto the said MORTGAGEE, itt sucussors and asigns forever. And the said ; ~~e~ r MORiGAGOR fo~ heirs, e:ecuton, sdminist~ators and assigns, hereby covenams witl? the said MORT6AGEE, its succeuws and assipm, vhat -~K-~+~Q'--- lawfully x~zed of the said premises in (ee simple; that the same are free, cles? and diuharged from all lieni and encum- brances i~ Iaw w in equity, and that t~leV N,;~( a~ their Fsein shaN warrant and defend the title ~o the same to 1F~e said ,1~10RiGAGEE, irs successors and auigns, forever against the lawful claims and demands of all persons; - PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore described and shall truty, promptly and fully perform, d~xharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditio~s and covenantt ot said promissw~y note snd of th7s Mo?tgage, fhen this Mortgsge and the Estate hereby created shall ce~x and be null and void. ; IT IS UNDERSTOOD lhat the word "Mortgagor" whNher in the sirguiar or plural snywhere in this Mortgage, shall be singvlar if o~e only and sha~l be plural jointly and severally if more than one, and that the wad "the~r" as used anywhere in thK Mongage shsll be take~ fo me~n "hii;' "hen;' ar "its," wherever the conrexr w implies or admits. Also, that whereve~ there is a reference in the covenants and sgreements 1?erein coMained to any of ~he parties hereto, the same thall be con~trued to mean as well as the heirs, legal representatives, successws -and suigns (either wluntary by ~ct of th~ parties or involuntary by operation of the law) of the same and that the covenants herein contained shaN bind and tFx benelits and edvantapes inure ro the respective heirs, legal reprexNatives, succeuors and ass~gns of the parties hereto. ' And said Mortgagors, for themselves and their heirs, Iegsl repreuntativa, successors and ssaigns, hereby jointly and severally covenaot ~nd a~ree ' To and with the sa~d MORTGAGEE, its successors and ass~gns: ~ 1. To pay all and singular the principsl and interest and the various and sundryr sums of mone a able b virtue of said Y P Y Y /xo+nissory note. ~nd this morrgage, esch and every, promptly o~ the days respectively the same xverally become due. = 2. To pay all snd singular the taxes, assessments, levies, liabili+ies, obligations and encumbr~nces of cvery n~ture and kind now on said dewibed property, w that hereafter may be imposed, suffered, plxed, levied, or auessed thereon, or that hereafter m~y be levied or assessed upon this MoitQ- age, or the indebtedness secured hereby, ea:h ~nd every, when due and payable, accwdinq to law, be(we they become delinquent, and befwe any intercit _ at~aches ot any penatty is incurred; AND INSOFAR !~S ANY THEREOF I$ Of RECORD THE SAME SHAII BE PROMP1lY SATISfIEO AND DISCHARGEO Of ? RECORD AND THE ORtG:NAt OffIC1Al DOCUMENi (SUCH A5, fOR INSTAMtE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFfICIALIY ENDORSEO ' OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE W11HIN TEN OAYS NEXT AFTER PAYMENT; a~d in the event that sny thereof is not pa~d, sa~'sfied and discharged sa d MORTGAGEE may at any t~me pay the same or any part tFe?eof without waiving or affecting eny option, lien, eqvity a •%ahr ~nder or by virrue of ~I~is mortgage and ?he full amount oi each and every such payment shall be immediately due and payable and shall bear intereit ; ~rom the date thereof until paid at rate of n~ne per centum per annum and rogNher with suth ipte~ st 1 sewred b the li~n of ih:s morgtayl. , ~o~K F~~*1~ 9 r ~ J 5 ~ ~ ~ y'_'=z- - - - ~