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HomeMy WebLinkAbout2438 247418 ~ THIS INDENTURE, Mads the 6Lh day of Febzuary „ A.D. 19_~~ between Charles B. rube and May E. Ber~e, his aife of - St• L~1@ ~~p~r.ty Florida, hereinaft~r deirgna~e •a~ the "MORipAGOR:' and FIRST fEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, s mrporetio~ aganized a~d ex~sting under the ta~s of the Un~ted Stat~s of America a~d having its principa) piace of businasi in the City of fort Airce, St. lut're County, Flaida, hereinaiter dei~9na~ed as the "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s_ 171 good and Iswful money of the Un ted States a~Yanced by the IdORTGAGEE unto the MORTGAGOR, es evidanced by a certa~~ promissory nme of even date herew~th, of wh~th the foilowing in wordi and figures is a true copy, towit: s 17,500.00 No 10019390 Fat Pier:e, Florida, February 6 ~ ~q 73 For value received, 1, we or euher ot us, prom;se to pay, wi~hout defa!cat~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIO~V Of ~ ORT PIERCE at Fort Pierce, Florida, ~he sum of s_ 17 f S~ • ,,,,,th im~rest from dat~ at the rate of 7~ 7~o pc~ annum, in monthly insta~l- :.,z,,,: a, fo:!oW,: S~ 144•00 IOtFt day of ~rCh 19 73__ and a like s~m on the correspond~ng day of each month there- arier until ~he who~e be ful0y paid. Each ~nsfallment fiist shaU be appl~ed in payment of the inte~est and ~hen on the unpaid balance of the princpal sum. If deia~lt is made in 1Fx F~a;men? of any installmrnt when due, a~d such drfault cominues 30 days, then at the option of the ho~der, and without any other not~ce, alt ~he remain~ng ~nstallments shatl be due and payable at once. P~iv~tege is given to prepay this note irt whole o~ i» part at any t4ne without penalty. Ne+ther forebearance, nor accepfance by the holder rhereof after any default in any paymenfs hereon, shall be deer-~ed extension. A late payme~t charge of S 7• 2Oshall be .•.idad to eath insta~lmeat remaining unpa~d 7 days after its due date, and a l~ke sum shail be added to each such instaliment remauiing urtpaid 7 days after each succeeding paymen~ date. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and not~ce of protest for nonpayment, and further agrees to any extension of t~~ne of paymenr, either before or after matunty, without not~ce to any of us; and to pay all costs of collection, includ;ng a re3sonable attorney's fee in the erent of any default hereunder. and hereby severalty waives atl benefit of homestead and ezemption unde~ !he constitufion ,~d laws of each State ol the United States, as aga~nst this obGgation w any extension or renewal hereof. Witness the hand a~d seal ot each party. s/ Charles E. Berube csent~ (SEAI) (SEAL) ~ 26 . 25 ) $tate Revenue - S~ ~y E . Ber ube ~~q~j i5y~r~ NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of S ~7 ~ 5~ , and the ptrformance of the covananrt and agreeme~ts hereinaf~er expressed, and for divers good and valuable cons~derations, by these preseros, dces grant, bargain, seil, remise, release, convey an onfir~n untp the MORiGAGEE, its successors and assigns, atl that certain lot, piece w parcel of land, 3ituate, (ying, and being in the Coun of `UC2Q ?Y and State of Fiorida, described es follows: Lot 9, Block 26, PIN6WOOD StBDIVISION, as per plat thereof on file in Plat Book S, Page 24, of the Public Records of St. L.ucie County, Rlorida, LESS AND ECCEPTING THE FOI.LOw'ING : Beginning at the comaon corner of Lots 9, IO, 11 and i2 of said Block 26, run Southeasterly along the line between Lots 9 and 10, 35 feet; thence at right angle, ran Southwesteriy 35 feet; thence at right angle, run North- ~resterly 3S feet/~thence Northeasterly 35 feet to point of beginning. to rear lot line i=;T,d,T ~ FLORiDA~ ;c~vY~ENTkRY~ SilaMP ia> ~ ~R1DA ~ R . .:~...V-_- ec~v~ E i;:, r KE~EH1lE •y. =A M P i l'. p~ ~ IN PAYMENT , 'C' fNTqNGIBIE PE4Sp,y.~L P~R~ Eo -%'J3 ; ` 2 Z. Z`J f : O 4. 0 O ~ ~~A7~fi i0 CF1ApT l34 ~ E8 ~1- . ACTS ' ~ ~ER ~ lyll. '~'~E ~ 1 CLE1lIC ClRqllT CO!lRj~~T WCIE ~`v 00, ~ ~ _ ~ogether wirh a~! and s+ngular the renements, hered~tamenls and appurtances thereunto belong~ng or in anywise appertaining thereto, snd all rents, issues, proceeds and prof~ts accruing and to accrue from said premises, all of which are included in the above and foregoing deicriptio~ and habendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors and auigns forever. And the said their ; ~.50RTGAGOR for he;rs, ezecutws, administrators and assigns, hereby covenants with the said MORTGAGff, irs succeswn and as~ign~, rhat ---~j~--a--~-- !awfufty se~:ed of the said prem~ses in fee simple; that the same are {ree, clear and dixharged from all liens and encurr~ orances in (aw or in equ~ty, and that t~e3c_ wilt and t heir heirs shall warrant snd defend the tiNe to the ume to tbe said ~uORTGAGEE, its successors and ass~gns, faever against the lawfui uaims ar+d demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dexribed and ahsll truly, promptly and fully perform, d~scharge, execute, compfete, comply with and abide by each and every the stipvlations, ag,eeme~fs, conditions and covenanti of said prom~sso.y note and of this Mortgage, then this Margage and the Estate hereby created shall cease and be null and void. 17 IS UNDERSTppO that the word "Mortgagor" wl~ether in the singuiar or plura) anywhere in this Mortgage, shall be aingular if one only and shall be plural jointly a~d severally if more than one, and that the word "t he~i ' as used ~nywhe?e in th~s Mwtgage shall be taken to mean "his; '"hen," or "~ts," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of ~he pa?ties hereto, the same shall be co~strued to mean aa well as the heirs, legal representatives, successors and assi9ns (either voluntary by sd of tF~e parties or involuntary by operation of the fawl oi the ~ame and that the covenants herein contained shall bind ~nd 1Fk benefits and sdvantages inure ro the ~espective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves and thei~ heirs, tegal representatives, successors and assigns, hereby join~ly and sever`aTly covena~t and ayree !o and with the sa~d MORTGAGEf, its successors and ass~gns: 1. To pey all and singular the principa! and interest and the various and sundry sums of money payable by virtue of said promissory rtote, ~nd this mortgage, each and every, promptly o~ the days respectively the same severally become dve. 2. To psy all and singular the taxes, assessments, levies, liab~lities, obligations and enc~mbrances of erery nature and kind now on said desuibed F~operty, w that hereafter may be imposed, suffered, pteced, levied, or assessed the~eon, a that heresfter may be levied a assessed upon this Mortg- age, or the indebtedness secured hereby, each and every, when due and payable, accordirg to law, befwe they become delinquent, and before sny interest att;ches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAIKE SHA[t BE PROMPiLY SA7i5fiED AND DISCHARGED OF RECORO AND IHE ORlGINAI OfFltlAl DOCUMENT ~SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAILY ENDORSED OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thaf any thereof is noi , j~d, saYsfied and discharged sa d MORiGAGEE may at any rime pay the same or any pan thereof wirhout waiving or aifecting any option, lie~, eq~ity a •~qht under or by virtue of this mo*tgage and the full amount of each and every such payment shall be immed~ately due and payable and shall bea~ intereat 'rom the date thereoF untii pald at rate of n~ne per centum per annum and togelher vv;th such interest shall be setured by the lien of th:~ mergtage. ~Q(~K ~~V ~~~~i . . . _ . , w~