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HomeMy WebLinkAbout0390 ~~l11:3~ ~ THIS INOENTWtE, lNad~ t~ ; 19th d,y oF March ~.o. w ~3 b.~,,,,,«, ~ • „ Alexan ~r . oy aa rg ~ s . Hoy, s w • of St. Ll1C e ~n~y fl~rida, hs..;,.~~t~r detiQnated a~ tM "MQRIGAGOR," ~nd FIRST FEDERAI SAVINGS AND LOAN AS~SOCIATION OF FORT PIERCE, ~ owporatwn wpuus~d ~nd exis~inp .x~der IM laws of tM Uoit~d Suta of Mw~iu and Mvinp in principai pta~ of bv~ss tn tF» City of Fort Pieru. St. luci~ Covnry. Fbrida, Mreinaha d~sipnated ~s tM "AAORTGAGEE." WHERE/15 tM MORTGAGOR is jvstly ind~bted to th~ MORTGAGEE in 1he tvm ot ~ '20+~~•~ pood and lawful ma+uy oi ths Un~ted StstK advanced by 1M MORTGAGEE unto tl?~ MORTGAGOR, as ~videnced by a certain promiuay note of eva? date he~~with, of which ths followin~ in wo~?O' i~i~u~ra~ t~w copY. to-wit: 10019578 ~ ~io fat PJac~. Flo?idi. M31•ch 19 19 73 For value received, 1, we w either of u~, p~omias to pay, without dsfalcation, to tM order of FIRST FEOERAL SAVINGS ANO LOAN ASSOCIA?ION OF FpRT PIERCf at Pwt Pierce. Florid~, the sum of i~0 with iMerdt from date ~t ths r~t~ of s~Xo psr annum, ie monthly instalN menb as follows: = 165.~ on the l~th day of ~'y 19 73 and a like sum on tM correspa~dirg day of each month there- after uNil the whote be fully paid. Eath i~stallment fint shall be applied in payment of tM imerest snd the~ o~ thc unpaid balance of the principa! wm. If default is made in the payment of any installment when due, and such default contu+ues 30 days, then at the optan of the holder, and without sny other notice, atl the remaininy ~n:tallmenq shall be due and payab~e at once. Privilega is given to prepay this note in whole or in p~n at ~ny time without psr?shy, Neither forebcar~nce, nor acceptance by the holder thereof after ~ny defauh in u~y paymenh heroon, shall be deemed extension. A Iate payment charge of i 8•2S _ shall bs added to each Insfsllment remaininy vnp~id 7 days after ib dus date, and a like :um shall be added to e~ch such installment remaininQ Ysp~id 7 days affer each sucteedirg payment data E+ch maker, s~rety and endorser hereof, jointly and severally, wsivq demand, prexmment protest and ~otice of protest icr ~anpaymenl,~and fVrth+r agrees ro any extensan of fime of paymeot, eether 6efora w after msturity, withovt notice to any of us; and to pay all costs of cotlection, inclucJi~g ~ rea:onable attwney's fee in ~he event of sny default hereunder, ~nd hereby severally waives alI benefit of homestead and exen+ption u~kiet the constitWlon and laws of each State of the United States, as ag~inst this obfigation or any extension or renewal hereof. • . ~ Witness tlx hand ~rd seal of each pa?ty. s/ Alexander V. Hoy. (SE~W ~ (s~?t~ $ 30 00 s/ Virainia L. Hov ~ ~ ' ~ State Revenue (Srwnp~ tae~ells~~w-aisiMl-wo~e} . NOW, THEREFORE, the MORTGAGOR fw ths r s • pu pose of secvring payment of said swn of ~ 20 ~ . and th~ performance of tM covenanb and agreementi he~einafter expreued, and for ~vers good and wiwbk conside~atia~s, by these presents, do~s Qrant, barqain, sell, remise, release convay and con(~'rm upio the MORTGAGEE, ifs successors and ~uigns. sll that cenain bt,. piep or partel of land, situate, lying, a~d beinp in ths ~~ry ~ St. l.uCl@ ~ Stste of Florida, desuibed ~s fdlowt: Lot 2 of COR90 COURIS SiBDIVISION as per pltst thereof on file in Plat Book 12, at Page 23 of !he Public Records of St. Lucie County, Florida. ~ _ _ ~ ~-o Rr ORtDA i tAM? ~A x ~ o w~a~ ~ 3 ~ ~ 1_ ~'~~r' Q = rnot ' ~ ~ ~ . pj- ~l~ Q~t~p~ ~y1;• . . . . . . . . . _ • . ~ ~t1t~l~~`'~~`,s~s . ;U, 4~ . ~ ~~a ~~o s~• ~c rogether w7th all snd sir?g~lar the tenemenn, hereditsmenes and appunances thereunto belonying or in anyw;se appe~tair~ing thereto and +1) renb, iaswa, proceeds snd profits scuuing ~nd to sccrve from iaid premises, all of whid~ ~re irxluded in the ~bove ant! fwe~oirg description u~d habendum. TO HAVE AND TO HOID the sbove described snd grinted premixs umo the said MORTGAGEE, ks s~aeswn u~d auipns forewr. Md tFr said MORTGAGOR fw the1Z hein, execufon, administraton ~nd au' ns, her g eby covenaon with the s~id MORTGAGEE, its waessors and auip~a, rhat they are ~swfully x~zed of the wid premises in fee sim le; that the s~me ~r~ free, clear and discfur P ped from alt li~ns and encutn- brances in Iaw w in equity, and that they w~~~ ~heir ~~n ~tl wurant and d~fend the titte ro M~e ume to ihs said MORTGAGEE, in succeuors and auigro, fwerer ayainst the lawful ctsims and demands of all persan; VROYIpED. ALWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE the p?omisswy note hereinbefwe desvibed aod shdl truly, promptly and fully perfwm, diuMrge, e~eecute, compkte, comply with and sbide by esch and every the stipuluions, sgreemenb. conditioro ~nd oovensnts oi said promissory note and of tha Mortgage, then this Mwtgage snd the Estate bersby created shall cease u~d be n~ll ~nd void. IT IS UNDERSTOOD that the word '/IAortg~por" whethe? In the singutar a plwal anywhe?e in tF?is Mwtgaye, slull be sirgulx if on~ only ~nd shall be plwal joimly ~nd sever~lly if more than ooe, and that the word "fheir" ~s used anywhere in rhis Mwtgsye sF?~II be taken to mean •'his,•• •'hers•• w"iri;' whe?eve~ the context w implie~ w admits. Atso, thst wherever the?e is a referencs in tia coven+nn ~nd spreemenn herein oontained to amr of the puties here% the same shall be cantr~ed to mean ss well ss the heirs, 1e9a1 npresent~trves, suaeswn and augns (either vduntsry by ~ct of tM parties w involuntary by operatio~ of the law) of the same and tiwt the covena~n herein contained sh~ll bind soal th~ benefib and adru~tayes &wrt ro the retpec~ive hein, kya) representatives, ssxcessors and us~yns of the part~es herero. Md said Mortgsgors, for tl~emselves and tF~eir hein, legal represe~tatives. sutceswrs and auipns, Ixreby jointly ~nd severally ooven~nt snd ~pr~e ro a~d with the said MORTGAGEE, in succeuas and auigro: 1. To p~y ~II a~d sirgulu the principal and interest and the vsriovs and su~dry swra of mw~ey payable by virtue of said prom;uwy rwte, ~nd thq mori9ape, each and every, pompfly on iFa days respettively the same severally becortK dw. 2. To pay ~11 uid sirgulu the taxes. ~ssessn,ents, levies. IiabiliY~es, obligatiom and ~ncumba~ca of every n~tw~ ~nd kind naw on said dsscrib~d prop~rty, or tMt hereaNa maY be in?Posed, svffared, pbced. kvied, o~ aues~ed thenon, or th~t I+ere~Ner may bs levied a ~aesaed ~pon this Map- age, or tht ind~btedness s~cwed hereby, esd~ ard every, when dve u~d pay~bk, accordirg to law, befon they becwn~ delinquent ~nd bsfon ~ny iM~as~ attaches or ~ny penalty is incwred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME 3HAll SE PROMPTIY SATISFIED ANp DISCFIARGE~ OF REGORD AND THE ORIGINAL OFFtCtAI DOCUMENT (SIiCH AS, fOR INSTANCE, THE TAX RfCFIPT OR THE SATlSFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHALL 6E PIACE~ IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~ in the ~vent that ~ny thereof is no1 paid. :at'sfied and diuharyed sa:d MORTGAGEE may at ~ny time paY the same or any p~n thereof witlw~t waivinp a affectirg ~ny option, litn, pvify p •iphr vnder or by virtue of this mortqa9r and the full amount of e~th and every svch payment sh~ll b~ irtvr~diately dve ~nd p~yabl~ and ahall b~u interqt hom the date thereof until paid ~t rate of nine per centum pe~ annum and together with such i~tere~t ~MII be setured by the lien of th:s mpr9t~. ~t R c~ B~~K ~~~G PACE , , _ . _ - _-x` ~ ~ - ~ ' ~_y.~ ~x,~ ~