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HomeMy WebLinkAbout2058 ~4~sso ~ YHIS IMOENTURF, htad~ tb~ 2~h day of J~~ry A.D. 19 73~ bttw~an Charles R. Kendall and Clara H. Kendall , hia wif~ of St. LuCi~ County Florida, hK~inaftN d~signated ~s the "MORTGAGpR;' •nd fIRST Ff~ERAI SAVINGS AND tOAN nSSOC1A110N OF FORT PIERCE, a cwporation orp~nized and exittirp vnda. rhe laws of fM Un~ted Stat~~ of /1m~riu and havirp its principal plac~ of butintsa in th~ City of Fott Piwu, St. luci~ County, Fbrids, hKein~hK d~si~nated u tN "MORTGA6EE." WHEREAS tM MORTGAGOR b jwtly ird~bt~d fo th~ MORTGAGEE in ths ium of ~ 1~ •Z~• ~ ~ 4ood and lawful money of the tlnittd Sretcs ~dv~nced by ths MORTGAGEE unto ths MORTGAGOit, ~s evidenced by a csrta7n promiuory rwt~ ot even date ha~~with, of whlch the followinp in wwds 1nd fiyurq b a trw copy, towit: = 14 , 200.00 10019345 ~ ~ P».«. F~«~d.. January 29 19 73 For valu~ reteived, I, we w either of vs, prom~se to pay, without defalcation, to ths orde? of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Florida, the sum of i 14 ~ 2~• ~ with interest from date at th~ rate of 7•~ psr annum, in monthly inst~lb n:ents u fol(ows: _ ~25 oe the i~th day of ~'r~ i9 73 and a like sum on tt~e correapondir?y day of esch month ther~- ~ after until the wlwle be fully paid. Each installment firif shall b~ applied in payment of the interest and the~ on the unpaid balance of the pri~c~pal svm. If defsult h mad~ in the ~ paymeM of any installment when dus, and wth defsult cwuinues 30 days, then at tke optan of the hoider, and without iny other noY~ce, a11 the remaininy ;nsrallmenta shall be dw and payabb st once. Privilege is given to prepay tAis note in whole w in p~n ~t u~y time without pen~lty. Neithsr fw~bearanc~, nor acceptance by fhe holder therrof after any default in sny psyments hereon, shall be deemed extension. A la?e payment clwge of ~ 5• 75- shall b~ added to each initallrnent ~emaining u~psid 7 days afta iri due date, and a like wm shall be added to tach such +nsta!lmenf rmuining unpaid 7 dayf after each sucteeding payment date, ' Each maker, surety and endoraer hereof, joinlly and severally, waives demand, preuntment protest and ~otice of protest iw ?anpayment, and further 3 agrees to any extensan of fime of payment, eithcr bafore w aher maturity, without notice to any of us; and to pay all tosts of collettion, including s ~ reasonabk ~ttorney's fee in rhe event of any delault bereunder, and Aereby severally waives all benefit of homestcad and ezemption under the cautitution a~d laws of each State of the United States, as against thii obligation w any extension o? renewal hereof. • Witness the hand and seal of each party. ; • s/ Chasles F. Kendall ; cs~?u ~ Clara H. K~dall ~u = (s~u ' t 521.30 ~ Stat~ Revenue (Swwp~ tan~sll~i.ow.ai~iw~i. ww~ NOW, TNEREfORE, the MORTGAGOR for the purpose of securing psyment of said sum of = 1~ ~2~•~ , ~nd the perform~nce of th~ covenanb and ayrecments hereinafte~ expressed, u+d fw divc.s good and wlwbfe consideratans, by thtse prese++ts, does grant, Mr~ain, ull, remiss, release, conwy and confirm unw the MORTGAGEE, iri succeuo?s end auig~s, all tha~ cenain bt, pieos or parcel of land, sitwts, lying, and beiig in the ! Couny of SL. Lucie and State of Florida, d~wibad n follaws: ~ - i _ ~ ! i Lot 1, Block I45, LAKBW~OD PARK, UIVI? 11, as per plat thereof ~ 4 P3st n:.+r+!: 3? ; PaAe 32; of Lhe Public RecaYds of j ~ i -St. Lucie County, Flor ida ~ ; ~ _ ~ ° ~o~~QAj . AZ ' ~~t w~r iAM~ ?AX ~ O,y p • ~r~~ ~ ~ •~tE..~~ ~2f.34i , ~ ay ~ rf~ i RECElVED G IN PAYMEI~R pF T~ i CIASS 'C INTAN6IBLE PE~Oii3l P~0?ERIY, i Pl1RSUANT TO GiApiER 71•134. ACTS OF 1d7L i t~ER POITR/1S /lj~-~fi~ i ~NI CIRqlIT OOURT, Si WCl~ ~0. FlA ~ ' ~ ~ ~ +ogether witF~ •11 and singviar the tenemer?ts, her~taments and •ppunances thereunto belonging or in sn ~se ~ ai~i thereto, and all renb, issues, ~ rx!!ds ~nd YW PPNt ~D : p profiri atcruirq snd to accrue from said premises, a~l of whid~ ue inctuded in tM abow and foreQany desoiption ~nd hsbendum. ~ ~ TO HAVE AND TO HOLD the ~bove desnibed u?d yranted premises unto the said MORTGAGEE, its suaesson a~d ~ugr?s forever. And th~ wid ~ i MORTGAGOR for their executon, administraton and auigna, hereby cov~nann with the s+id MORTGAGEE, if~ waesson aod ~ssiyro, ahat thBY ~awfully seized of the said premises in fee simple; that TM ssme are ftee, tlesr ~nd dischar9ed from all liens and ~ncw~ ~ brarxes in !aw or 1n equity, snd thst th~y w;ll aod their W~rrant and defend the title a tM s~m~ to th~ wid i MORTGACaEE, its wcceuon and assgro, fwever agsir?st the lawful clsims a~d demands of al) persora; i ; PROVIDED, ALWAYS that if the MORTGAGOR sh+Il pay unto the MORTGAGEE the ~omiswry note hereinbefor~ described and slNII huly, promptly . ' and futly perform, dischargs, exetute, tompkte, comply with and abide by cach and every the ttipulatrorn, ap~eertienb, conditipq and toven~nts of taid promissory rate and of this Mortgage, tlxn this Mortg~ge and tF?e Estate hereby ueated sh+ll ce~s~ and be nvll and void. IT IS UNDERSTOOD that the word "Mwt9sgor" wFxther in the singular or plursl anywhers in tF?is Mortysgs, ahall be sinpuler if ont only and { shell be pivral joinily snd severaNy Ff mors ihan one, ind that tix word "their" n vsed ~~ywher~ in this N1ong~e sh~l! be t~ken to mean •'l~is,•• "hen; • ; or "in;' wherever the context so implies or admits. Al~o, that wherever there is • reference in the coven~nn ~nd a~reement~ herein containad to any of ~ the psrt'~ hereto, the samt shall be construed to mean ss well ~s the hein, leyal representative~, successon and auipra (either voluntary by act of tM partFss a Involunfary by oper~tion of the I~w) of the same ~nd th~t the covena~ts herein co~tained si?ill bind ~nd tl~e benefiri and ~dva~tapp uwn ro the respettive Min, kqd r~presentatives, svueuws and ~u~gra of the p+nie~ hereto. t ~ And ssid Mortysgor~, fw tFromulves and their heirs, 1e9a1 representstiva, successors snd auiyns, he~eby jointly ared severally covenam and ayrse ~ ro and with the said 1NORTGAGEE, ;ts successors ~nd assigns: l. To pay +II and sinyvlar the principal and intNHt and the various snd sundry wms of ma~ey payable by virtw of said promisswy rwte, a~d thu ~ mortgsye, e~ch ~od wery. promptly on th~ d~ys respectively tt?e same sev~rally 6ecwne dw. ~ 2. To pay a0 ~nd sinyvl~r the t~xes, uussmenb, levies. IiabiliY~es, obtigatio~s and erxumbrances of svery nahxe and kind now on said descr~ed ~ property, or that he~eahsr msy be imposed, suHered, placed, kvied, w ~ssessed thereon, w that heresfter m~y be levied w asse~sed upon this Mortg age, a the indebtedneu secured hereby, each u+d every, when dve and psysbk, xcwding to law, befw~ they become delinq~ent, aod b~fa~ ~ny tnterest atraches o~ any penalty is incurrad; AND iN50fAR AS ANY ~HEREOF !S OF RKORD THE SAME SHAIt BE PftOMPTIY SATISfIED AND OISCHARGEO O~ RECORD AND THE ORIGINAL OfFICIAI DOCUMENT (SUCH AS, FOR ;NSTAMCE, THE TAX RECEIPT OR THE SATISFAC?ION PAPER OFFICIAILY ENDORSEO OR CERTIiIED) SHAtI BE PIAtED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the went thst ~ny tMreof Is ~a pa~d, sat'sfied and distharged ss:d MORTGAGEE may ~t any time pay the ssme a any paA thereof without waivirp w affettinp ~ny option, (ier?, eqvity p = •~qht under or by virtve of this mortgsge a~d the full amount of each and eve•y such payment shall be immediately due ~nd psysbk ~nd shafl beu intere~t ~.om the date tFxreof unti( psid at nte o~ nfne per cenrum per annum ar~d together w;th sucb inlFr~t ~I~ b~ secured,by P of th:s moryt~. ; pe 8001( 1U Y~GErr ~ - - ~ ~ _ ~ ~