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HomeMy WebLinkAbout0955 25US55 THIS INpENiURE, Mad~ t?» ~Oth d,y of March ~o. 19 73 e.,,,~ Robert K. VsA Vo#cst, a sinol~ Adult Of J~ • Cr f COVety flOfidi. hN~iMf1N Mte~~ ~ . . ASSOCIATION Of fORT PIERCE, a ~T~GOR,". ~ FtRST fE~ERAI SAVING.S ANO LOAN , cwpaatio~ orpanwd and ~xistinp ur~ tM la~? ~f~ UnFrid Sut~s oj Amsriu and h~vinp its principal plac~ of ~ b++~inaa h ~M City of fort PiKa. St. lvci~ Co~ery. Florid~, h~riuwha de~lpnaad u tM °MQqTG _CLE~." ~ WNEREAS tM MORTGAGOR b j~a11y Gd~b~d to th~ MORTGAGEE in tM su~ of = 18~3~~• yoa! ~nd lawiui nan~y of tM Unit~d Srates advanc~d by ths MORTGAGEE unto tM MORTGAGOR, ~s evidenced by • certain promistory not~ of swn da~s Mr~with, of which tM fdlowinp in ; a18 300 r~ • tn» copy. ww~~: ~ ~ ' No 10019580 • Fo.~ Ps..~.. ~«w+. Marcb 2Q, ~9~_ for valve received, I, we w either of us, promise to pay, without def~Ication, to ths order of FIRST FEOERAL SAViNGS /WO ROAN /0.SSOCIATIOIV OF FORT PIERCE at Fwt Pierce, Florida, the sum of f 28~3~•~ w;th interest irom date at tlve r~te of ~a~?'a per annvm, in monthly instal{~ menn as follows: ;~36~~ on ths 'l~b day of J~ly , 19 73 and a lik~ sum on the cwrespond'ug day of sach month the~r afte~ until ths whole be fully paiii. Esch installment fint shall be applied in paymeM.of tM interest ~nd then on tht unpsid Mla~ce of the principsl s~m. If defauh ii m~ds in tfis paymcnt of any installment whan due, and wch default continues 30 days, then at the optiw~ of the holder, and without any other notice, sll the remaininy inataUmeeb shall be due and payabk at axe. Privilege is given to prepay this rate in whole w in psrf at u+y time without penalry. Neither forebear~nce, nor ~cceptance by the hokkr tlxreof after ~ny defauh in any payments heteon, shsll b~ de~+ned extension. A late paymeet cl~ry~ of = 6~~- shall be added to each installment remaining unpaid 7 days after ib due date, and a like wm shall be added to each such instaNment remaining ~rnpiid 7 days affer each succeeding payment date. Each maker, wrety ~nd endo~ser hereof, jointly and uverally, w~ives demand, presentment protest and notite of proteat for nonpayment, and further agrees to any exteosion of time of p~yrrKOt, either before or afte? maturity, without notice to any of vs; and to pay all costs of coNection, includiny a reasonable attorney's fee in the event of any default hercunde~, and hereby severally w~ives all benefit of homestead and exempYwn under the constitution and laws of each Sqte of the United Ststes, ss against this obligation or any extension w renewal hereof. Witnesa the Mnd and seal of each pa?ty. , ~+u s Robert K. Van Vorst, ~ a single adult ~ $27.45 ~ ( ~ State Reveo~e (S++~pa-canaWd..a?.asi jiwaL, wae) NOW, THEREfORE, the MORTGAGOR fw the purpose of:ecurirg psymcnt of ss;d sum of t 18~3~•~ , ~nd the performance of ths covenaNS and agrsemenri hereinsfter expreued, and fw dven good sod valwble coi?iideraYwos, by thest presents, does grant, bar~~in, sell, remise, release, conwy snd confirm unto the MORTGAGEE, in succeuors and issigns, a!1 that cenain lot, piete ot puce) of lar+d, situs/e, lying, and bein~ in ths County of $t. Lueie and State oF Florida, dew+bed as fdbws: Lot 23 and the north 10 feet of Lots 14, 15 and 16, Block 1, FRANKLIN PARK ADDI?ION, •according~ to the plat thereof on file in Plat Book 6, pa ge 56, publ ic reco zds of St . Lnc i e Co~in ty, Rlo r ida , _ ~ ~ ~ ~r MENraR ~Lp o ~ - ~ T rA ~JQA ~ l,- ' n . , ~ , . ~ ~ ~A. + ~IT•)3 ~ T I~ X t ~ / ~r : r~y\~ y(~i a ~~~o? ~ ~ ~ T T ! - , . ~.KS - • ~ 5 t~~~- ~ :i~~ ~ k ~ S . . ' ~i ~ ' _ • . ~•",`i' v;,~~ :e~?l~M•• 5~• 1 - t~~ :1'~~'•~t ? G~%~~`" .~SrK together with s{I and singulsr the tenements, hereditamenri se~d sppuAances thereunto belonging or in anywise ~ppettaining tftereto, and all renb. issues, proceeds and profits acnui~q and to acuue from said premises, all of which are included in the abovs and fweyoirg description and habendwn. TO H/lVE AND TO HOLD the above des~ribed and yranted premises unto the s~id MORTGACaEE, iri wocesson ~ed assiyns fo?evK. Md tl» said MORTGAGOR for bis - liein, execvtors, sdministrston and asaigns, hereby covena~ri with fhe ssid MORTGAGEE, its wcaeswrs and ~stiyrq; ~ha~ he 1S ~awfully xized of the ssid premises in fee simple; that tM ssms are free, clear and discharped from all liam and enewo- brances in law u in eqoity. ~nd ths+ he will snd hiS hein sh+ll wurant aod d~fend tM titls to the s~me to tlw said MORT6AGEE, in auccessors and suigns, fwever against the lawful clsims and demsnds of all perwro; PROVIDED, AlWAYS tF~st if the MORTGAGOR sl?~fl pay unta the MORTGAGEE ths promiuwy rote hereinbefore described and sh~ll trvly, promptly and fvlly perform, dixMrge, execute, compkte, comply with and abide by each u?d every the stipulstions, s~reeme~b, condiY~an snd ooven~nts of said promissory note snd of this Mwtgsye, then this Mortgsge and the Esbte hereby ae~ted shall ce~s~e ~nd be rwll ~nd void. IT IS UNDE[tSTOOD that the word "Mongsgor" whether in the sinyuta? o? plvrat anywhere tn this Mortgsye, ~haq be sinyular if one only and shsl! be plural jointly snd severally if more thsn one, and thst the word "their' as used ae+ywhero in this Mwtysy~ shall be tsken to me+n "his,•• •'h~n•• ~ w"its;' wherever the co~text so implies a admits. Also, that wherever the~e is a refaence in rh. co,ren.nn and .9rae~,enn he.e~n oonr,~ned ro u~y of ~ the p~rties hereto, the same shall be construed ro mean a~ welt as the heirs, kp~l representatives, soaessors ~nd assiyro (either voluntary by act of tM parties or involuntsry by operation of the law) of the same snd thst the covensnn herein cont~ined shall bind and the benefih and advantapp i~xrn to the respective heirs, ky~l represey?tatives. successws snd su~yiu of the puties hereto: And said Mortgsqors, fa themxlves and their heirs, leyat representativp, succestwa and suipra, hereby jointly and severally cavenant and apr~e ~ ro ~nd with the said MpRTGAGEE, its succeswra end ~uiyro: , 1. To pay all and sinpula~ the prindpal and i~terest ~~d the wriovs and wndry wms of money paY~ble by virtw of said promiuory rate. ~nd this ~ ; mwt9aye, e+cF~ a~d every, promptly on the days respectivety the same sewrally becortk dve. ~i 2. To p~y ~II and ~irgulx the taxes. ~ssesunentt, levies, liabilities, obliyatioro and ~~cvmbrancea of every n~tvr~ and k'md now on s~id describ~d ~ P~oW?b. w tiut hereaher n»Y be impowd, suffered. P~ated, kvied, or sss~sssd th~rwn, a th~t hereaher mar b~ I~vied or auessad upa~ MRt Mortp- oeo ape, a tM indebtedneu secvred hereby, sach and every, wMn dw u~d p~ysbl~, ~dinp to law, b~iore th~y bec«ut delioquent, and befor~ any intM~st am altaclxs or penalty a incw~ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISf1ED AND DISCWIRGED OF , RKORD AND iHE ORIGINAI OffIC1Al DOCUMENT (StKH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OffICfALIY ENOORSED OR CERTIFIED) SMAIt dE PLACED (N TNE H/INDS OF SAID NWRiGAGEf Wtir.iN TEN OAYS NEXT AFTER PAYMENt; and in th~ event that any therwf is no1 paid, sat'sfied and disch+ryed sa:d MORTGAGEE may at any time pay ths ssme p ~ny part thereof without wairinp w affectin9 ~ny option. lien, eq~ity or ' •iqht under or by virtve of this mortqage and the fvll amount of each and every iuch paymeM shall be inwnediatsly dw and payable and shall bea? irite~~st ~•om ths dare thereof unNl pa;d ~t iare of n~ne per centwn per ~nnum and royethe~ w~th wch int~rest shall be ucured by tM li~n of th:s mwyt~ys.