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HomeMy WebLinkAbout2843 24'7'70'7 ~ TMIS INDENTURE, Mad~ ths 12th day of Rebruary '73 A.D. 19 betwe~n Jaaes Bruce Hendesaon III and Frances C. Henderson~ his rifg of _ St• LuC~@ ,~~nry flo~ida, hereinafte~ designa~cd as the "MORTGAGOR." and FIRST'FEDERAL SAVINGS ANO IOAN AS5pC1ATtON OF FORi PIERCE, a corpwation ory~nizcd and exi~~irg under the laws of tl» United Stat~s of America and havinp iri principal place of buiin~u in tM Ciy of Fwt PiKCe, St. lucie County, Florida, hereinafter designated a~ tM "MORTGAGEE." WHEREAS tM MORTGAGOR in justly indebted fo the MORTGAGEE in the sum of = 21 •6~•~ , good and lawful money of the Un~ted States advanted by the MORTGAGEE unto Ihe MORTGAGOR, as evidenced by a certain promiuay note of even date herew~th, of wh~ch the follow~ng in words and fiyures is a true copy, to-wit: s 10019420 21~6~~.0~ Fort Pierce, Flwida, Rebruary ~12 19 73 Fw value received, t, we w either of us, promise to pay, wifhout defalca~~on, to 1he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of = 21 sb~~•~ w~th interest from date at the rate of ~a~°p per ~nnum, in monthty install- ~ ~rents as follo..~:: = 160. p~ 1 ~~~ay of Aor i 1 , 19~~ and a like sum on the cwrqpoiiding day o} each month there- after until the whole be fully paid. , 3 Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal s~~m. If ~efault is made in the ~ Fayment of sny installment when due, and such default conti~ues 30 days, then at the option of the holde~, and withoul any ather ratice, all the :emaining ; ~~,srallmenq shall be due and payable at once. Privilege is givm to prepay this rate in whole w in part at sny time without pcnslty. Neither fwebearance, i r nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late paymem charge of 5-~-. ~hall be ~ added to each installment remaining unpa~d 7 days afte~ ifs due date, and s like sum shall be added to each such installment remaining v~paid 7 days after each succeedirg paymeN date. Exh maker, surety and endaser hereof, jointly and severally, waives demand, presentment protest and notice of protest fot nonpayment, and further ~ agrees to any extension of time of payment, either before w after maturity, without noticr to any of us; and to pay a~I costs of collection, includ~ng a ' rea:onable atto~ney's fee in the event of any defauSt her~under, and hereby severally waives all benefit of homes~ead and exemption u~der the constitution ~ and laws of each State of the United States, as against this obligation w any exrcns~on or renewal hereof. Witness the hand and seal of each party_ ~ s/ Ja~es Bruce Henderson ~AU ~ ~ - (SEAl) s/ Frances C Henderson ~s~u $ 32 .40 ~~u ( ~ State Revenue (S+aw~r~s~lbi~w•~wd~f~} 21 600 00 L NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S • • snd the performance of ths ~ covenants and sgreements hereinafter expressed, and for divers good and valuable conside?ations, by these presen», does grant, bar9ain, ull, remise, re'sease, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or parcel of land, situste, lying, and being in the County of St. Lueie State of Florida, described as follows: Lot 9, Block 27, River Park, Unit 3, as per plat thereof on file in Plat Book 10, Page 80, of the Public Records of St. Lucie County, Florida L 3 5 1 s o STATE oF FLORIIJA ~ 3 o~ ~ DOCUMENTARY ,-..e,, SiAMP Ta ~ ~ E ~ DEPT.OF REYEKUE ' ~ _ .s. = ~~,;s~» ~ ~ 3 2. 4 01 . o !N PAYMENT OF T ~ ~ a ~ ~~~ot • ' ~ a'1 CLASS'C IMTAN(il8lf PERSp ~ . ~1BSl1ANT TO C~iIWTER 71-131, N~1L PHp~fRn~ f ACTS Of !9)1. ~ ~OGER P011/tllS ~ ' CINCUIT COUI?T. S~. LU~IE Cp, ~ # € ~ i ~ , ~ tcgethet with all and singular the tenement~, hereditamenb snd ~ppurtances lherevMO belonging w in ~nywise sppertaining thereto, snd •11 rentt, iuue~, ~ proceeds and profit~ acauing and to accrue from said premises, all of which are included in the above snd faeyoing dewiption snd habendum. ~ TO HAVE AND TO HOID jhe above desa~bed and granted premises unto the said MORTGAGEE, its successon and usigns forever. Md tht said h10RTGAGOR fw their__ ~~rs, executws, administrators and assig~s, hereby covenants with the s~id MORTGAGEE, i» successon and aaiym, ~ rhat th~-aYe - lawfully seized o( the said premius in fee simplr, that the sam.e ~re free, ckar and discharged from all lien~ and encum- 4 brances in taw w in equity, and thst they will and their heirs shall wurant ~nd defend the title to the same to the said ~ MORTGAGEE, in successors and assigns, forever agsinst the lawful claims and demands of •11 persons; PROVIDE~, AlWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE fhe promissory note hereinbefore dewibed snd shall truly, promptly _ and fully perfwm, diuMrge, execute, comptete, comply with and abide by esch a~d every the stipulations, agreements, conditions and covenanb of uid promissory nole and of this Mortgage, then this Mwtgage snd the Estate hereby cre~ted shall cease u+d be null and void. = IT IS UNDERSTOOD that the word "Mortgsgor" whether in the ~~ngular w plural anywhere in this Mortgsye, sha~l be siny~isr if o~t only and " shall be plural jointly and severally if more than one, snd that the wwd "their" as used anywhere in this Mwtgage sMll be taken to me~n "hi~" "hen;' r or "its;' wherever the context w implies a admits. Also, that wherever there is ~ reference in the covenants and ~greements herein cont~ined to any of rne paNies hereto, the same shall be construed to mean as well as the heirs, legsl representatives, s~cceuors a~d auigns (eitFxr voluntary by +tl of the ~ parties w involuntsry by operation of the Isw) of the same and that the covenants herein contained ihall bind ~nd the benefits and advant~yes inurs ~ ro the respective he'us, legal reproumatives, successors and ass~gns of the parties hereto. ~ ~ And said Mortgsgon, fw themselves snd their heirs, legal reprexntstives, successors and auigns, hereby jointly and severally covena~t ~nd ayree ro and with the ssid MORTGAGEE, its successors and assigns: 1. To p+y +II and singuls? tMe p~incipal and iaterest snd the various ~nd sundry wms of money payable by virtue of said promissory note, and this mortgage, exh ~nd every, promptly on the days respectively 1Frc same severally becane due. 2. To pay all end sirguls~ the taxes, sssessments, levies, liabilities, obligations and encumbrances of every nsrure and kind now on taid dewibed ~ properry, a that hereafter msy be impwed, wffered, pl~ced, levied, or sssessed thereon, or thst hereafter may be levied or as~essed upon this Mort¢ ~ age, a the indebtedness secured hereby, exh ~nd every, when due ~nd paysble, accwdirg ro law, befae they become delinqueM, +nd befwe ~ny interest anacius w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII sE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI ~OCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC110N PAPER OffICIAItY ENOORSED OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NFXT AfTER PAYMENT; and in the event that any tlxreot is rat - paid, sst'sfied snd distherged sa:d MORTGAGEE may at any time p+y the same a any pan thereof without waiving or sffecting s~y option, lien, equity w = •~aht undrr a by virtue of this mortgage and the full amount of esth and every such paymenl shall be immediately due snd payabk and shall bear interest ;i ~rom the date thereof until paid at rate of nirre per centum per an~~m and together w~th suth inter(j~t~h~/ u~ed bYy(~~~of th:s morytaye. ~ F.~~~K ~a+~~ ~Ar~{y ~ ~ _ - - . ~ - ~"~'1~. . l. 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