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HomeMy WebLinkAbout2316 ~4sas~ ~ TH1S INDENTURE. N1ad~ 1M 12th d,y of F~bruary ~p. ~y 73 y~twe~e~ _ Bobby Johnson and Virginia J. Johnson~his ai e of St . Lucie „ County Florida, hKe~naf~er tfes;gnstsd aa rM "MORIGAGplt:' and FlRSI fEDfRAI SAVINGS AN~ L04N ASSOC1At10N OF i41tT p1ERCE, s cwpaatan w9anized and ~x~sting under th~ la„n of 1M Un:t~d S~~tK ~f Ame~Ka ~nd Mvinp ib p~inu~vl plact of busin~u in th~ Ciy of Fort PiKC~. S1. l~ci~ County. fbrida, hsreinatt~r dct;pnatad u th~ "MORTGAGEE « WHEREAS ~M MORTGAGOR q j~n~ly indebud a Th~ MORTGAGEE in the we+ of t~~ ~ 8~ good ~nd lawful money of the Un~tcd Srate~ advanced by th~ .YIORTGAGEE onto tM MOR~GAGOR, as evide~ccd by ~ certa~~ promiuay note of eva? date F+trtwi~h, of wh~ch th~ followinq in words ~.~d figures is a trw copY. to-wit: ; 10,800.00 ~ 11000029 ~ P~~. F~~ February 12, 19 73 fw valve received, t, we w eithe? oi us, prom~se to wirhout drfalcar~ort, io rhe ordcr of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATIG~~ OF ~ORi PIERCE at Fort P' e, ~d the sum o l~ 8~• _ m,;th inter from date ~t the rate of ~ o t ~i~i a, 1~ pY 1 7• a.-uium, in monthly ins~slM ments a~ fo!lows: ~ on the day of 14__ and a like sum on ~he cwrespon~[ng day of each month ~here- after until the whole be fully paid. Eath installment first shall be app:ied in payr~l oi ths intere.t and then on the unpaid balance of the prindpat sum. If default is made in the ~ ~ayment of any insraltm=nt when dur, and such default continues 30 days, then at the option of the holdcr, and without any otF~ not~ce, all rhe remain~ng :nuallments shall t~e due and payable a~ once. Privileg~ is given to prepay this note in wlwl~ o~ in part at any t~me without penalry. Ndeither forebearaoce, ~er acceptance by the falder thcreof after any defauh anY paYr~nenu hcreon, shall be deemed exter,'oo. A Iste payrr.ent cha~9e o( S' •~5 shaN be added to each instaltmr~t rtrnaining unpai~ 7 days afte~ its due date, and a J;ke swn shalt be sdded to each such insutlrnent remaining vnpaid 7 days aftet each succeeding payment date. E+ch maker, :urety u+d endwser he~eof, jointly and uveratly, waives demand, prcxntment ptotest and rat~te of protect fot nonpaymenl, a:xt furtl~ agrees tp any extension of time of paymeot, eitAer before or after mrturiry, without rto>ice to sny of us; and to pay a~l tosts of collection, including a reasonable attwney'a fee in :he event of any defautt hereurxler, and hercby severally waives all benefit of lwmestcad and exemption unde~ the constitution a~d laws of each State of tlx United States, as against this ob:igation a any ex~ensan a renewat hereoi. W~tness the hand and seal of cach party. ' S/ Bobbv Johnson ; , (sEnU S/ Virqinia J. Johnson _ ~Ai~ 516.20 ~^U ( ) State Rtvtrwe iiQr~ ~fi~ iR~li~i~ii~iiR~ NOW, THEREFORE, the MORTGAGOR for fhe purpose of secvring paymenr of said sum of i 1O ~ 8~• ~ and the perfor,na~ce of tha covensnK and agrecmenn F1tfl/MffH !J[Pft33ld, and fo~ divcrs good u+d vslwbk considerations, by thete presenis, does gr~nt, baryai~, selt, renise, release, convey ~nd confirm unb the MORTGAGEE, its sutuuors end auigns, all that tensi~ bt, piete or parcel of land, situatt, lying, and teinq in the County of St . Lucie State of Florida, described aa follows: Lots 26 and 27, less the North 10 feet of Lot 27, Block 49, vf i BII.TMORfi PARK, a subdivision in Section 16, Township 35 South, Range 40 East, according to a plat thereof recorded in Plat Book 4, page 52, of the Public Records of St. Lucie Gounty, Florida. ~ M _ STATE oF FLORlDA ~ ~ DOCUNIFNIARY STAMP ih~i ~ o dEP?.OF REYENt1E ~ ~ ~ ~ ~ {t~ElyEp IR AAYMElR OF TA%~ ~ = r-~ ~t~.13 ~ _ ~ ~ V. ~ O + ~ ON CIASS'C' INTM161B1E PE~:x: i.l PCOf~~~ ° ~t~~~ ' pUli'S1W{T TO GIAP:ER 71-13~. ACTS OF 111~L ~ t~OER PORRAS l . f~~ ~t C~URi. Sf. WCIE ~D.. FIA~ rogether with all and singulsr the tenements, hereditu~.ss and sppvrbnces thereunto betonging or in snywise appert~inirg thereto, and all rents, iuues, proceeds arid profin acc.uirg and to xuue from said premises, all of w1iKh are included in the ~bov~ and fore9arg description ~nd habendum. TO HAVE Ah'D TO FjOID the sbove describsd ~nd gnnted premises unto the aa;d MpRTGAGEE, its suuesson and ~ssig~s fwever. And th~ aaid their ~ MORTGA~ fot heirs, exccvton, administraton snd suigrts, hereby covenanb with the said MORTGAGEE, its wcctssors and ~sigtu, r~,at t'_`y dIe - lawfull aeized of the said Y premises :n fee simplr, that the same sre free, ckar ~nd discharged from all 1'+eru ~nd enturo- brances in law e? dn equity, and that they w~~~ i~ their he;n sh~ll wurant and dafend the titte w the same to tM said - •titORiGAGEE, ib successo~s a~d auigns, fwever against the lawful t~ims and demands of sl) persora; PROVIDED, AtWAYS fAar if the MORTGAGpR shall pay. unto the MORTGAGEE Ihe p?omisspy note hereinbefore dewibed snd sh~ll tru'y, prompfly and fully perform, d~sch~rge, e~cecute, compkte, comply with and ab~de by exh and rvery the stipulaY~ons, ~greemenri, condifions a~d cwenanp of said premisswy nofe and of this Mortgsge, then fhis Mwtga9e snd the Esr~te hereby aeated shail ceas~ and be null and void. IT IS UNDfRSTOOD thst rhe word "Margagor" whethe? in the s~ngul~r or plwsl snywhere in this Mortgsge, thal) be singular if o~e only and :hall be plural jointly and severally ii more ths~ one, and that the wad "fhei?" as used snywhere ire this Matyage sh~ll be taken to mean "his:• „hen;• er "its;' whe~e~er tF?e context so implies or ~dmits. A(so, thaf whereves fFere ia a reference in tF~e covenants and agreernenq t~erein contained to any of ~he psrt;es he?eto, the ssme shalt be construed to mean as well ss thr neirs, legal representatives, svccessars snd ssigm (either voluntary by ~cf of the part~es a involunNry by operatio~ of tlx law) of the same and that the covenants herein contained thall bind ~nd the btnefih and adv~~qgp inwe ro rne respective hein, kg~l represenrstlves, svcceuors and au~qns of tbe parties hereto. Md iaid Mortgagors, fa themselres and their F~eirs, lega) representatives, successors and assigro, hereby joi~tly and severally covena~t ard sg~ee ro and with the said MORTGAGEE, its succasors ~nd assigns: 1. To pay ~II snd singular the principal and i~tncst ~nd the various and sundry sums of money payable by vKtve of ssid promissory note, and this mongsgr, each +nd every, p.omprly on the days respectively the ssme sever~lly becane due. 2. To pay al! and singvl~r the taxes, assessments, levies, fiabiGties. oblGgations a~d encumb~nces of every nature and kind now o~ said desuibed property, p that hereafter may be imposed, suffe?ed, placed, levied, or assessed therean, ot tMt hereafta m~y be levied q usessed irpon this IY~orty- age, a the indebtedness secvred hereby eack and e.ery, when dve ard payable, xcadirg to law, before they become delinqueat, and before arryr ioterest atraches w a~r ~.+enalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RE:.'ORO THE SAME SHAIt 8E PROMPiIY SATt$FIEO AND DISCHARGED OF RECORO AN~ THE ORIGtt3Al OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR TME SA?15fACT101Y PAPER OfFIC1ALLY fNDORSEO OR CER11FlED) SHAII BE PIACED IN iHE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER VAYMENT; snd in the erent that arty thereof a not pa~d, saYsfied snd discharged sa:d MORTGAGEE may at any time pay the same w any pan thereof withovt waivi~g or affecting a++y optio~. lien, equity or •c~ht under or by virtue oi fhis mortg~ge and the Fu~l amou~r of each and every such payment shall be imm~d;ately dve and psyable and shall bea~ interest ~rom the date therepf umil paid at rate of n~ne per centum per annum snd together w;th s~ch interest shall be secwed by the lien of tt~:i mo-gta9e. 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