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HomeMy WebLinkAbout2293 ti•3Ie31~r t, i V THIS INDENTURE. Mede the 2nd d~y of February A.D. 1973 between 4 Joel Haro2d Hogan gn~l Dozis H. Holan~ his wife ' ' of St •~.11C1e County Flwid~, hereinafter desgnated as the "MORTGAGOR," and iIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORi PIERCE, • corporation wga~i:cd and ex~sting undcr ~he laws of ths United St~tos of America and havin9 itt principal plue of busirxu in 1M City of Fort Piace, St. lucie Couny, Flaida, hereinafte? deiignated as the "MORTG/A~GEE:' WHEREAS 1he MUKitii?VVK ~f ~Yitly ~nOeDIlO t0 in6 ir~Viti"viaviG ii~ i~~c iu+c: ::i ~~-r ~`~W ~OO ~c+e!!~ a.v_1 Isu.iul mnney o{ fhe ~)qi~td Stases advanced by the MORTGAGEE unto the MORSGAGOR, as ev~denced by a certa~~ ,~xomiaswy note of e~en date herewith, of which the toilowing in xo~ds and fi ures is a trw copy, tawit: s 3,30~.00 tib_ 2 19376 Fort Pierce. Flaida. Februa ry 2~ 19 7.~._., r Fo~ value received. 1. we w 3ithe~ of us, promise to pay, without defaltat;on, to fhe order of FIRST iEDERAt $AVINGS AND IGAN A$$OC~ATION OF ~ c, FORT PIfRCf at fort Pierce, Flo~ida, the sum of S ! - with ~neeresr from dare at ~he rate of j• j~ pe y' 3 300 ~ 00 ~ an~:u+n, in mo~thl ~ns~ah- men~s as fo1!ows: S 28•~~ , on the lOth day of ~~rch ~q_ 73 and a tike sum o~ the carespond~ng day of each rtu~th there- a1~er untit thr whole be fully pald. Each installment first shatl be apptird in payment of ihe interest and thrn on the u~paid batance o( the prinrpal svm. If defa~lt is made in the „ payment of any installmenl when due, and such default continues 30 days, then at the option of the hotder, and without any other notice, a~i the remaining ~nsrallments shall be due and payable ar once. Privilege is g~ven to prepay this note ~n whale or in part at any t~me without penalty. Neit~ier ~f O bearance, ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A la~e payment charge oi S l~ , shall be _ added ta each installment remaining unpa~d 7 days afrer its due date, and a~;ke 3um shall be added to each such insrallment remaining unpaid 7 days after . each sucteeding paYrnenl date. Each maker, surety and endorser hereof, joirlly and severally, wa~ves de:nand, presentment protest and not~ce of protest fw nonpayment, and iurther ~ agrees to any extension of time of paymenf, eirher belore or after matur;?y, withoul not~ce to any of us; and to pay all costs of collecNon, induding a r~~asonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and ezemption under the constitution and :aws of eath State of the United States, as against this ob~igation or any ertens~on or renewal hereof. ~ Witness the hand and seal 04 each party. ~ (SEAI) _ s Joel Narold Hogan ~5~~~ is~a~3 ~ $4.95 s Deris H. Hogan ~ L i- ) srare aevenue «u _~J tsrer?,~rc~e~e~~ed.o_•e.-,~;_,s~~ 3,300.00 NOW, THEREFORE, the MORTGAGOR fu the purpose of securing payment of said sum of j and the performance of the covenants and sgreements hereinafter expressed, and for divers good and valuable considerat~ons, 6y these presents, dces grant, bargain, sell, temise. re!ease, convey a~d confirm unto fhe /~IORTGAGEE, irs successws and assigns, a11 that certai~ lot, piece or parcel of land, •ituate, lying, and being in the Counry ot $t. Lucie and State of Flwida, dexribed as follows: The West 124 feet of Lot 21, f~tARAVILLA GARDENS, UNIT 1, as per plat thereof on file in Plat Book 6, page SS, public records of St. Lucie County, Rloricia, less the South 65 feet thereof. This is a second mortgage, being infezior only to a pzior first mortgage f rom mo rtgago rs to mo rtgagee dated Janua ry 16, 2973 and reco rded in O. R. Book 2Z0, page 1018, public records of St. Lucie Couniy, Florida. .r ~1' ~ `.~~1(]Q' ~Ffi/ RY $ !N PAYIMfNT OF TiUlES - D~ ~ tA M P T l. ReCEIVED O OEVt. 0i RfYElY11E a1E ON ClASS •C' lNTANGIBLE PERSO;v1l P~Rry "b o i rE8-]"» ~ T 1 0 C F i A P 1 F R 7 1- 1 3 4, ACTS OF 1971. ~ A = A~- ~ ~ 0 4 9 5 1 ~ER POITRA; o ~ ~1~02 C1ERK CtRCUIT COURT, Sl. LllCIE C O., F L t ~ rogethe. with all and singular the tenements, hereditaments and appurtances thereunto belonging or in ~nywise appenainirg thereto, and all renti, iuues, oroceeds and profits accruing and to accrue from said premises, alt of which are included in the above and foregoing description and habendum. TO HAVE ANQ Tp HOID the above described and granied premisa unto the said lNORTGAGEE, its successors and assigns forever. And tF~ s+id their MORTGAGOR for heirs, executws, admin;strators and ass~gns, hereby covenanta with the said MORTGAGEE, its successon end auigns, the a re that Y----- lawfully sr~zcd of the said premises in fee simple; that the ssme are free, clear and diuharged from all Ileru ~nd encvm- brances in law w in equity, snd thaf_ t~ey will and Lheir he~rs shall w~rrant and defend tlx titfe to tF~e same to the s~id MORTGAGEE, its successws and auigns, forever against the lawfu! claim~ and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and shatl truly, promptly and fuily perform, d~xharge, execute, complete, comply wifh and abide by each and every the stipulstions, agreements, conditions and covenants of said p.om~ssory note a~d of this Mortgage, rhen tF~is Mortgage and the Estate hereby created shall cease and be nul! and void. IT IS UNDERSi00D that the word "Mwtgagor" whether in the a~ngular w plura) anywhere in this Mortgsge, ihall be sirgular if one only and shall be plural jointly and severally if more than one, a~d that the wwd "their" as used snywhere in ihis Morfgage shall be taken to mean "his;' "Fron;' or "its;' wherever the context so impties a admits. Afso, that wherever there is a reference in the cove~ants snd agreement: he~ein conrained to any of the parties hereto, fhe same shall be co~strued to mean as well as the heirs, legal rep~esentatives, successws ar?d assigns (either voluntary by act of the parties or invotuntsry by operation of the law) of the same and that the covensnts he~ein contained shall bind and the benefits and advantages inure ro the respecfive heirs, legsl represenratives, successors and as~~gna oI the parties Fx?eto. And said AAorrgagon, for themselvrs and fhei? heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree ro and with the said MORTGAGEE, its successors and assigns: t. To pay all and singular thc principal and interest and the var'aus and sundry sums of money payable by virtue of said promissory rwte, and thit mwtgage, each a~d every, promprly on the days respectively the same severally become due. 2. 7o pay a11 and iingu;ar the taxes, assessments; leviea, liabilities, oblgations and encumMances of every nafure and kind now on said described property, or that hereafler may be imposed, suffered, placed, levied, or assessed thereon, or that hereaiter msy be levied w asussed upon ihis Mort¢ age, ot ti?e indebtedness secured hereby, each and every, when due ~nd payable, accwding to law, before ft?ey become delinqueM, and befwe any inttrett atraches w any penaNy is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAlVIE SHAII BE PROMPTLY SATISFIED AND DISCNARGED OF RECORO AND TME ORIGINAI OFFlC1Al DOCUMENT (SUCH A5, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPfR OfFIC1AllY EkDORSfD OR CERTlFlED) SNAIt BE PIACED IN THE HANDS Of $AID IaORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the evenf that any thereof is not pa~d, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same w any pan thereof without waiving or af(ecting any option, lien, equity p ~~aht under or by virtue of this mo.tgage and the i~t: amount of each and every such payment shall be fmmediately due and payable and shsll be~r interest i~om the dste thereof until pa~d at rate of n~~e per cenrum per annum and together~yv~~ sy~~nurest sha~~~`u[~ by the lie~ of th:s mwgta9e. aec,r ~ U ~,ti~~ 9~ ~ ; - ~ ~ i ~ k°°~ - ~ . - ~ ~