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HomeMy WebLinkAbout2863 24~1~ ~c ~ . THIS INDENTURE, Mad~ the d+y of February A.D. 19 73 between Roy A. Hodges and Wilma R. Hodges, his wife + ~f St . LUC ie ,~o~nty Florida, haeinafte~ designat~d as ~ tl+e "MORTGAGOR;' and FIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OF FORT PIERGE. • cwpaatian wyanized and exi~tirp unda tM I~ws ot th~ United Sutos of America and Mvinp in principal pl~ce of b~,sineu in tM City of Fort Pierce, 5t. lucie Couny, flwida, hereinafter desiyna~ed as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is ju~tly indebted to tM MORTCaAGEE in the sum of s 21 ~9~'~ good and lawful money of the Un~ted . States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of even date herewith, of which the followiny in •«ords and figu~ei is a trus copy, to-wit: s 21,900.00 No 10019404 Fort Pieres, flaida. Febr uarv 8 ~q 73 i For value received, 1, we w either of us, promise to p~y, without defalcarion, to ~he orde~ of FIRST FEDERAt SAVINGS AND lOAN ASSOC~ATION OF FORT PIERCE at Fort Pierce, Florida, the sum of = 21+9~•~ with int~sest from date at the rale of7 •75°io pe~ annum, in monthly install- n,ents as follows: = 18O'~ on the l~thday of Mareh ~ ~973 and a like sum on the corresponding day of each month therr a'.rer until the whole be futly paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the prindpal ium. If de(ault is made in the Hayment of any installment when dua, and such default continues 30 days, then at the op!ion of the holder, and without any other notice, all the remaining ~ns!allmcnts shall be due and payable at once. Privilege is given to prepay this note in whole o~ in psrt at sny time without penalty. Neithe? fwebeara~ce, nor acceptance by the hotder Ihereof after any default in any paymcnts hereon, shall be deemed extens~on. A fate paymeot charge of s 9! - shall be added to each ins~allment remaining unpa~d 7 days after in due date, and a like sum shall be added to each such installment remaining unpaid 7 dsys after ; each succeeding payrrKnt date. Eath maker, surety and endorser hereof, joinlly and severally, waives demand, presentment pfotest and notice of protest fw nonpayment, and furthtr agrees to a~y exteniwn of time of payment, either befo?e w after maturity, without ~ot~ce to a~y of vs; and to pay all costs of collection, includ:ng a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the tonstitution a~-:d laws of each State of the United States, as against this obli9atio~ or any eatens~on or renewal hereof. Witness the hand and seal of each party. s/ Roy A. Hodges (SEAU (SEAI) (SEAI) s/ Wilma R. Hodges ~ ~ ~ 32.85 ) State Revenue NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of S 21 ~ 90O +nd the performance of tM covenants and ag~eements hereinafter expressed, and for divers good and valvable considerations, by these prexnn, does grant, bar9sin, sell, remise, release, convey and confirm unto the MORTGAGEE, iri succe;sors and auigns, all that certain lol, piece a parcel of land, iituate, lying, end being in the County of $ t. L uc ie and State of F{orida, described as followi: ?he East 25 feet of L,ot 24 and all of I.ots 25, 26, and 2T, Block A, HUNT'S SUBDIVISIQd, according to the p~at thereof on file in Plat Book 5, Page 4~, Public Kecords, St. Lucie County, Florida.? O P~ O¢Q ~ ~P 0~ ~ ~ 'C P'~ N~` . i ~A~ ~ ~ ~ ~ Cjp J f 3~~ , ~ p ~ o ~ t~a~ F,4 ~ < <o O~ ~ 4 ~y ~ ~ ~e. R~ryEp ~ IN PAYMENT OF TAXES ~ ~6" ~ ~~~`~1 p11E p!1 CU1SS'C INTAN618LE PERSO:iAI PR07ERIY, ° ~ O ~ pURSWNT TO CFI~PTER 71-I33. AC1S OF 19)1. ~ ~ i` ~ ROGER POITRAS ~ ~ CLEIr( CIR~tlIT OOURT~ ST. WCIf 00. RA~ : s i ~ ~ ' rogether with all and singular the tenements, hereditamcnts ~nd appurtances thcrevnto belonging a i~ enywise sppertaining thereto, and all rents, iuues, ~ proceeds snd profits accruin9 and to acuue from said premises, all of which are included in the abov~ snd foregoing description and hsbend~m. ~ TO HAVE AND TO HOLD the above described and granted premixs unto the said MORTGAGEE, in successon snd ~ui9ns fwwer. And tM said their` y MORTGAGOR for heirs, exetutws, administrators and assigns, hereby tovenann with the s+id MORTGAGEE, i» wtceuws ~~d ~uipm, ~ that lawfully seized of the said {xemises i~ fee simple; that the same a~e free, ckar and dixhsrged from sll liens and Mcum- ~ brances in law w in equity, and thst thP ~i will and t he i r Fxin shall warrant and defend the title ro the ~ame to the s+id ; MORTGAGEE, its successors snd au~gns, forever ag~inst the lawful claims a~d demands of •II persons; , PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate Fxreinbefwe described and shsll truly, promptly and fully periorm, d~scharge, execute, compkte, comply with snd abide- by each and every tF~e stipulstions, agreements, cor?ditions and tovens~ri of said promissory note and of this Mwtg+ge, then this Mortgsge and the Estate hereby veated shall cease and be null and void. IT IS UNDERSTOOD thst the word "Mortgagor" whether in the singular or plural snywlxre in this Mortgsge, shall be sirpulu if one only ~nd ~ shall be plural joiMly and uverally if more than one, snd that the wwd "their" as used anywhere in this Mortgage shall be taken to me~n "his,•• ••hen; • ~ or "its;' wFxrever the context so implies or admits. Also, that whereve~ there is a reference in the covenants and ayreemenh herein contained to any of ;i rhe parties hereto, the ssme shall be construed to mean as well as the heirs, legsl representatives, svcceuon and assigro (either voluntsry by acf of tM ~ parties or involuntary by operatan of the law) of the sune and that the covenants herein contained shall bind ~nd the benefits and advantapes inur~ ~ ro the respective heirs, legal representatives, succeswrs and ass~gns of the pa?ties hereto. ~ - ~ And said Mwtgagorf, for themselves and their heirs, lega! reprexntatives, successors and assigns, hereby joimly and severally covenant snd ayree ~ ro and with the said MORTGAGEE, its successws snd auigns: 1. To pay all and tingular the principal and interest and the various-and sundry sums of rt~or?ey payable by virtue of said promissory note, and this - mwtgsge, esch and every, promptly on tFie days respectively the same severaHy become dve. _ pay all and sing~lar the taxes, +sussments, levies, liabitities, obligstions and encumbr~nces of every ~ature artd kind now on said destribed `i 2. To property, or that heresfter may be imposed, suffered, pl~ced, levied, w assessed thereon, a that hereaher msy be levied or auessed upon tl?is Mwfp- age, a the indebtedness secured hereby, each and every, when due and pay~bSe, accading to law, before they become delinquent, ~nd befwe ~ny inMre~t a~faches a sny penaity is i~curred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SA1NE SHAII BE PROJNPTIY SATISFIED ANO DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIFT OR THE SATISFACTION PAPER OFfICIAILY ENDORSEO OR CERTIFIED) SHAII BE PIACED tN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the ercnt thst any thereof is not paid, satsfied snd diuharged sa'd MORTGAGEE mey at any time pay the same or any part thereof witF?out waiving w affeding any option, lien, equity w ~ •~qht under w by virtue of this morrgage snd the full amovnt of each and every such payment shall be immediately due and p~yabk and shall bear interest ~rom the date thereof until id at rate of n~~e r centum r annum snd t ether w~th suth inteittt shalt,bekse the lie o t t W P! 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