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HomeMy WebLinkAbout2845 ~z• IVQ ~ . TMIS INDENIURE, Madt ttx 9th d+y of February - - r~.o. 19~~ between Charles M. Rewis a~d Loretta L,. Rewis, his wife of $t • Lucie Cp~~~y fiorida, hereinafter desig~ated as the "MORTGAGOR;' snd FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaation ayanized and existing under the laws of the U~~ted Statas of Amerita ~nd havinp iri principal place of buiineu in 1M Ciry oi Forf Piace, St. lucie County, Fbrida, hereinafter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR i~ j~stly indebted to tM MORTGAGEE in the sum of S 14! 4~'DO , good and lawful money of the Un;tcd S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a ceriain p~omissory note of cven da~e herewith, of wh~ch the fotlowiny in worda and figure~ is a true copy, to-wir: f_ 14,400.00 No 1nAlQdAR . February 9, ~y 73 fo?t Pieres, flwid~, y~ F« value received, 1, we w dther of us, prom~~ jo 4y,_wif~iQut defalcae~on, to the ordei of FIRST FEOERAI ~ V' rG,S AND LOAN ASSOCIATION CF r; FORT PIERCE at fat Pierce, Florida, the sum of s 4~ W~OO _ with inrerest from date at the rate of •"'°~o pei annu~~~, in mo~'hly ins~all- ~ ~nents as fotlows: S 119'00 on the lOLh day of Mareh ~9 73 and a like sum on the cwresponJir?g day of. each month the•e- after ~mil the whole be fully paid. ~ • Each installment first shall be applied in payment of the i~terest and then on the unpaid balance of the prinNpal su~. I~~,de(ault ia made in ti~a % ~ayment of any installment when due, and such defaulf continues 30 days, then at the option of 1he hotder, and without sny ~ther notice, all the remaining ~ ~~~srallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without pa~alty. Ne~ther fwelxarance, ~ nor acceptance by the holder thereof aiter any default in any payments he?eo~, shall be deemed extension. A late payment charge ~f S S~9g; shall be ~ ~dded to each installment remaining unpa~d 7 days afte? its due date, and a I~ice sum shall be addrd to each such installment remaining u~paid 7 days after : ~ y each succeeding paymero date. Esch maker, surety and endorse~ hereof, jointly and severally, wa~ves demand, presenhTent protest and notice of protesl for nonpayment, and further , agrees to any extensan of time of payment, Either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable a~twney's fee in the event of any default hereundrr, a~d hereby severaNy waives a~l benefit of homestead and exemption under the constitution ~ ~nd laws of each S~ate of the United States, as against this obligation or any extensioo or renewal hereof. Witness the har.d and seal of each party. I (SeAu s/ Charles M. Re~?is ~~A~~ ~ (SEAI) ; s/ Loretta L. Re~wis ~~u ~Zl~~ ) Stats Revenue 45tamps~unc~llad.a~ooiaiual~ot~) fVOW, THEREFORE, the MORTGAGOR fw the purpox of securirg payme~t of ss~d sum of : 14 ~400•~~ ~ ~~r{amance of ths covenanri and agreements hereinafter expressed, and for divers good and valuable considerations, by these presenis, does grant, bar~ain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece or parcel of Isnd, situate, lying, and being in the County of $t . Lueie and State of Fbrida, described ~s follows: Lot 3, Block 1, STAR SCtBDIVISIO!`, as per plat thereof on file in Plat Book 10, page 67, of the public records of St. Lucie County, Florida,Y I - i ~ o S ATE ~R FLORIDA 1 DOCUMENTARY STAMP TA> ~ j ~ DEPi. 0~ itE1fEN1JE I ~ ` ; ^ _ =:~d+~•» ~ . ~ 2 t. 60 i i ~ _:v~o2 ~ R6O~ v IN PAYIAEMT OF TAX~ ~ o p(~ q~ ~U1SS 'C INTANGIBLE PERSONAL PFiDP£R1Y, i p11RSUAF(T TO CWIPTER 71-13t, l1CTS OF 181L y~,~ y. r ROGER POITfi11S ~ ~ CiER1( CIRCUIT COURT, ST. UlCIE 00, flA i ~ s ~ together with all and singular the ttnements, hereditaments and appurtances thcrevnto belonging w in anywise appertaining thereto, and aU renri, iuves, ; proceeds snd pro(in acc?uing and to accrue from said prem~ses, all of wFi~ch are included in the above snd fwegoing deuripta~ and habe~dum. ~ TO HAVE AND TO HOID the above described ~nd granted premises unto the iaid MORTGAGEE, iri auccessws ~nd sssigns fuever. And iM s+id ~ their hM1ORTGAGOR for - heirs, executas, administntors and assig~s, hereby covenants with the said MORTGAGEE, iri wcceswrs ~nd sstipm, £ ~har _they_alre _ : - lawfully se~zed of the said premises in fee simple; that the same are free, ckar •nd discharged from all liens and encum- ~ b~ances in law or in equity, and that thE3L- will and their heirs shall warrant and defend the titie to the s+rt?e ro tM said MORTGAGEE, its successors and auigns, forever against the Iswful claims and demands of sll pe?sorts; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shsll pay unto the MORTGAGEE tlx promiswry note hereinbefore described and shall fruly, promptly and fully perform, discharge, execute, complete, comply with ~nd abide by each and every ti~e stipulations, agreements, conditions ~nd covensnb of said ' prcmissory note snd of this Mortgage, then this Mort9age and the Estate hereby aeated shall tease and be null and wid. ` IT IS UNDERSTOOD thst the word "Mortgagor" whether in the singular w plural anywhcre in this Mwtgsge, shall be singular if one only snd ' shall be plural jointly and sevenlty if more than one, and that the word "their" as used snywF?ere in this Mortgage shall be tsken to mesn "his;' "hen;' r - or "its;' wherever the conrext so implies w sdmits. Also, tMt wherever there is ~ reference in the covenants and agreementi herein tontained to ~ny of fhe pa?ties hereto, the same shall be construed to me+n ss well as the heirs, legal representativd, successors and assigru (either volu~tary by •y of the Pa.tics or involunqry by operation of the law) of the same and that the covenants herei~ contained shall bind and the benefits and sdvantsges inure ro the respective heirs, legal represematives, successors and ass'g~s of the parties hereto. - And said Mwtgsgors, ~or themselves and theii heirs, legal representatives, successors and assigns, hereby jointly and severally cove.unt snd s~ree ro and with the said MORTGAGEE, its successws and assigns: ' 1. To pay ~II and iingula? tFk principal and interest and the variovs and sundry sums of money payable by virtue of said promisswy note, and this mortgsge, each and every, promptly on the days respectively tF~e same uverally become due. 2. To psy all and •ingular the taxes, assessments, levies, lisbilities, obligations end er+cumbrances of every natu?e and kind now on s+id dewibed property, or that hereafter msy be imposed, suffered, pl~ted, levied, or sssessed thereon, a that heresfter may be levied w asse~sed upon this Mort¢ age, w th~ lndebtedness secvred hereby, exh snd every, when due and payable, xcwding to law, before they becane delinquem, and befort any intcrest arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIL BE PROMPTIY SAT15f1ED AND DISCMARGED OF e ~2ECOR0 AND THE ORIGINAI OFflCIAI DOCUMENT ~SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISfACT10N PAPER OfFIC1AllY ENOORSED - OR CERTIFIED) SHAIL BE PIACE~ IN THE HANDS OF SAID MORTGAGEE WITHiN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~ paid, sat'sfied ~nd dixharged sa'd MORTGAGEE may at any t~me pay the same w any part Ihereof without waiving w affetling sny option, lien, equiry or 'd naht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due snd payable and shall bear iMerest p, ~•om the date thereof umil pa~d at rate of nine pe~ centum per annum and together w~th s~ch~in ~q all be the lien of th:s morgtsye. - ~ gonK ~U ~act~~~ ~ . s ~ - . - : _ z