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HomeMy WebLinkAbout2857 24~~14 ~ THIS IN~ENTURE. Mad~ tht Sth day of February , A.~. 19 7~, between OS ~ . S a e iW . 11 S~ S M1 @ of -_St. L.LC~B County florid~, hereinafte? desgnated as ths "MORTGAGOR." and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpwation wy+nized a~d exiiting unde~ the lawi of tM United Sut~s of America and Mving in principal pl~ce of busi~eu tn tM City of Fort PiKCS, St. lutis County, fbrida, hereinafter des~gnated ai tM "MORTGAGEE." • WHEREAS tM MORTGAGOR is j~stly indebtsd to the MORTGAGEE in the sum of : 2A~OQn~QQ ,~ood and lawful money of the Un~ted ~ Srates advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certain promiswry note of evet? da~e herewith, of wh~ch the (ollowiny in ~ worda and figures is a trus copy, to-wit: = 20.000.00 No 10019387 Fwt Pierce. Ftorida. Reb r ua rv S 19~_ ~ for value received, 1, we w eithcr of us, prom~se to pay, without defalcat~on, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF s FORT PIERCE af fort Pierce, Florida, ~he sum oi S 2O s~0 w~~h inrerest f~om date at the rate of ~a~% per annum, in monthly install- . ments as follows: s 148•~ on the 10thday of Mav 19_~_ and a like wm on the cwrespond~ng day of each month there- after until the whole be fully paid. - Each installment first shall Ee applied in payment of the interest a~d then on the unpaid balance of the principal sum. If default is made in the ~ payment of any installment when due, and s~ch default continues 30 days, then at the optioo of the holder, and without any other notice, atl the remaining i ~~seallments shall be due and payable at once. Privilege is given to prepay this note in whole w in paA at any time without penalty. Neitlxr forebearance, nor acceptance by the holder thereof after any default in any paymenb hereon, shall be deemed extension. A late payment charge of = 7_~4O shall be added to each installment remaining unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining unpaid 7 days after each sutceeding payment date. [ath maker, surety and endorse~ hereof, joinlly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furthe? i agrees to a~y extension of time of payment, either beFore w after maturity, without not~ce to any of us; and to pay all costs of colleaion, i~clud~rg a ' reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the conslitution and laws of each State of the United States, as aga~nst this obligation w any extension or renewal hereof. Witneu the hand a~d seal of each party. s/ Roscoe A. Edwards cs~Au cs~?t) cs~Au s/ Thelma M. Bd~?ards ~s~ ~ ,S 30.00 ~ State Revenue )Q7[~iC]~ififlfi1t~61QOf~i~~OiXX NOiN, THEREfORE, the MORTGAGOR for the purpose of securing payment of ssid sum of = 2O ~ 0~ and the performance of the covenants and agrecments hereinafter expressed, and for divers good and valuable consideratioro, by these presents, does grant, bargain, sell, remix, release, convey snd confirm unto the MORTGAGEE, its iuccessors and suigns, all that certain lot, piece or parcel of land, situate, lying, and being in ths County of St . LUC 1@ and State of fbrida, dewibed as follows: Lot 12, Block 2, SUNRISfi HOMESITES, according to the plat thereof recorded in Plat Book 13, Page 14, of the Public Records of St. Luc ie County, Rlor ida. i P= STAT oF ~L.O MPo a~ ~ ,r,= OOCUMEN?ARY ....•,~._STA ~ ~ ~ DEPT.OF REiIE.Nt1E ~ + I ` -+c ' - rE813'7~ ~ ~ Q O O ~ ~ o= P.~.'- ' R~~ IN PAYMENT OF TAXES i a ~ ~ 1 ~42 Ol1E ON CLASS 'C INTAN618LE FERSONAL P?.pPERTY~ ~ ' P!lRSIIAWT TO CIIAPiER )1•134, ACTS OF 1971,~j l ~ ROGER POIT~tAS " Y ClFlr( CIIiCU1T COURT, S~. LUCIE 00, fl~ i 't ~ b ~ e i ~ rogether with sll snd singular the tenements, F~ereditame~ts and sppu?tances thereunto belonging or in anywise eppeAaining thereto, and all rents, iuues, ~ prueeds and profits accr~irg and to accrue from said premises, all of which are incl~ded in 1he above and foregoing dewiptwn ~nd habendum. ~ TO HAVE AND TO l~OID the above desuibed snd granted premises unto the said MORTGAGEE, iri successors ~nd ~siigns forever. Md the said ~ ? the ir ' ~ MORTGAGOR fa heirs, executws, administrators and assigns, hereby covenanri with the said MORTGAGEE, ib sutcessors +nd ~ssipro, ~ t ~ ~hat lawfully xized of the said premises in fee simple; that the same sre fres, ctear and discharged from all liens ~nd encum- ' brances in law a in equity, and that t hey W~~~ a~ thQlr heirs sMll warrant a~d defend the title to the same to the s+id ~ ~ AAORTGAGEE, its successors and assigns, fwever sgainst the lawful tlaims and demands of all persons; ~ PROVIDEO, AtWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the promiuoty note hereinbefore destribed snd ~hal) truly, promptly # - and fully perform, d~scharge, execute, complete, comply with and ab~de by eacF~ and every the stipulations, ~greements, conditions and covenanri of uid ; promissory note and of this Mortgsge, then this Mortgsge and the Estate hereby ueated shall cease and be ~ull e~d wid. - IT IS UNDERSTOOD that the wwd "Nbrtgsgor" whether in the singular w plursl a~ywhere in this Mo~tg~ge, shall be sinyulsr if one only ~~d s shall be plural jointly and severally if more than one, and that the wwd "their" ss used anywhere in this Mongage ~hall be tsken to mean "his;' "hen," or "its;' wherever the conte:t w implies or admirs. Also, that wherever there is a refererxe in the covenants and ag?eements herein tontained to any of the parties herdo, the same shall be construed to mean as well ~s the heirs, legal representatives, successon and assigns (either voluntary by ad of fhe ~ parties o? involuntary by operatan of the law) of the same and that the covenants herein contained thall bind ~nd the benefits and advantaye~ inure ' !o the respective heirs, legsl representatives, succeuors a~d ass~gns of the parties hereto. ~ And said Mortgsgori, fw thcroselves and their heirs, legal ropresentatives, succesaors ~nd sssigns, he~eby jointly and sevewliy coven~nt ~nd syree ! ~o and with the said MORTGAGEE, its successors and assigns: v 1. To pay all and singular the principal ar+d inferest snd the variovs snd sundry sums of money payable by virtue of said promissory note, and this mwtgage, each end every, p~omptly on the days respectiveiy the same severally become d~+e. ^3 - 2. To pay all and singulsr the taxes, assessmenri, levies, liabilities, obligations and encvmM~ncet of every na~ure and kind now on said described prope~ty, or that hereafter may be imposed, iuffered, pl~ced, levied, or sssessed thereon, w that hereafte+ may be levied w assessed upon fhit Morf~- ~ age, or tlx indebtedness secured hereby, each and every, when due and payable, eccording to law, before they becane delinqvent, ~nd before ~ny iMeres~ ; attaches or any penalty is incurrtd; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAIt BE PROlNPTLY SATISfIED AND DISCHARGED OF RECORD ANO THE ORIGlNAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFIClAILY ENDORSED ~ OR CERTIftED) SHAII BE PIACED IN THE HANOS OF SAiD MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not ~ paid, saYSfied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or a~fecting any option, lien, equity or •~qht under w by virtue of Ihis mortgage and the full amount of each and every such payment shall be immcdiately due and payable and shall bear i~terest s _ <<om the date thereof until id at rate of n~ne r centum r annum and t ether w~th suth inter,st~ ured b n f th:s mor t ;i w Pc ~ 09 C~~J V~ 9+9e ~ c n~~~. ~ Ya _r, - ~ ~ ~ - - ~ y ~ rri = . _ y . . . _ _ n.~~~~