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HomeMy WebLinkAbout1094 250645 ~ . . . . THIS INDENTURE. /N+d~ th~ 26th ~y of A.D. 19_~ bawMn Huey P. thcapson and Barba?ss ?ho~raso~, his wif• a~d O. C. ?hcapsoa and Lucille ?hoaiason, his Mii• of - St. L.1iC~! ~~~y florid~, Iw~inaftv dtsipn~f~d as fIN "IAORiGIIGORf' and PlRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE, • co?poration oroanis~d ~nd ~aiitinp wKl~r tM ~wt of th~ Unit~d Stit~s of Am~ria .nd Mvirg in priocipal pl~n oi busin~sa in tM Gty oi Fort Pi~ra. St. LutN Covnry. Fbrid~, hH~in~hK daipoaqd~ a~ tM "MORTGAGEE.•• WHERE/1S tM MORTGAGOR is jwtly ind~bt~d to tM MORTGACsEE io ths wm of ~ 26 ~ pood and lawful money of tM Un~ted Sratei advanced by tM MORIGAGEE vnlo th~ MORTGAGOR, as evid~nced by a cert~~n promiuwy nolt of ev~~ date herewith, of which ths followinp in words ~nd fiyurei is a trw copY. to-wit; ~pb~aoo_oo ~ 1001963Z Wrt Pieru. Fiaid+~, MalCZi 'lb 19 ~I3 , Fw wlve received, i, we or either of us, pramise to pay, without defslcation, to ths o~der of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PiERCE at Fat Pierce, Florida, the wm of = 26 ~ w;th ;ntereit from date at the rale of 7~ 596 pe~ ann~m, in monthly inst~ll- i ments as follow~: s ai~•~ cn tF» 10t2i day of . 19 73 and a like sum on ths carespondinp clsy of esch month therr f after unti) the whole be fully paid. Eath installme~f f'ust shall be appliad in payment of the iMerest and then on the unpsid balante of the principal sum. If dsfault h msdt in fhs paymcet of any irntatfinent when due, and wch defauh tontinues 3p daya, thcn at the optqn of the hoider, snd without any other notice, all the remainirg ' ~nstallments shail be due sod payable at axe. P?ivilege is given to prepay this oote in whol~ or in part at sny time without per?alty. NeitMr forebearante, nor scceptance by the holder Ihereof after aoy default in any payments hereon, shsll be deemed extension. A late payment chuge of 1~ O. 5Q thall bs added to each instaliment remaining unpaid ~ days aAer itt dus date, and s l;ke sum shsll be added to each tuch instaliment ~emaining unpaid 7 days ~het each iucceedirg psyment date: ~ Each maker, surety and endwaen c~reof, joiMly and severally, waives demand, prescntment protest and notice of profesf for nonpayme~?f. and further agrees fo any extension of time of payment, eirher before or after Maturiry, without rwtice fo any of us; and to pay all oosta of colletlion, includirg • reasonabk ~ttoraey's fee in ths event of any default hereunder, and Fxreby severally waives all be~efit of homestead and exemption under the coostitutioe and Iaws of each State of the United States, as a~~inst this obligation or any extension or renewaf he~eof. , Witn~ss the 1»nd and seal of esch psrty. ~ s/ Hney P. ?l~apson ~ s/ Ba?rbara ?ho~asan _ - s/ O. C! ?2taapson ~ $39.00 ~ s/ I.ncille ?hospson ~ S 1 State Revenue (Sb~~.Mwa~4i ~ Miltwal n~ NOW, THEREFORE, the MORTGAGOR tor the purpose of securing payment of said sum of i '26~~~~~ , and ths pe~formance of ths covena~ts and sgreements hereinsftcr ezpressed, and fa divers good ~nd wlv~ble consideratiuns, by tF~ese presents, does grant, trarpain, ull, remiss, reiease, convey and confirm v~to the MORiGAGEE, its succeuo.s snd auigns, all that certain bt, piece or parcel of land, situate, lying, and beug in the County of St • LtLCie and State of Fbrida, dexribed ~s follows: ' Lot 25~ Block 199, PORT ST. LUCIB, SIDC?ION 4, as per plat thez~o~" on file in Plat ~Book 12, Page 14, of the Public Recorda af St. Lucie County, Florida ; Q S AT o~ (,,,,ORt~7A 1 0 ~cM~~`°~t~~ os DOCUM~N ARY StAMP 1Ax ~ ~ o.- ~e~QA ~a.~~. DEPZ. oi REt?FJNIE : ` ~ ~j~ ~Q~R~S 0~ ~ ~ °f = ~ r~l~p2Ti3 " • . ' ~ 3 9. 0 ~ ~ C ~NZ@S1~~~ ~'i~?. , 'E~' _ Q = inot ~o S~. t,~ ~ ~ - - + ~ R~`~d~ ER Q",~~~~~ . Q,,,~S1J~` ~ ~ c~ fogethet with ~II s~d singular the tenements, hereditaments ~nd appurtsntes thereunto betor~ging or in anywite ~ppe?binirg the?eto, snd aU ~enfs, iuuq, proceeds and profi» accsuing snd to xtrue from said prerrirses, all of wh'Kh are included in the above ~nd forayoieg dewiption snd F~sbendum. TO HAVE AND TO HOLD tF?e ~bow desuibed snd g?~~ted premiaes unto the said 1NORTGAGEE, in wocessors and suiy~s foreva. Md tF» said MORTGAGOR for thefr heirs, executon, adminwtratws and auig~s, hereby covensnts with tho s~id MORTGAGEE, ib waeswrs a~d aaipro, fhat they aze ~M,{upy seiud of the said premises in fee sunple; that tM ame are free, ckw and disch~rged from sll liees and ~wm brances in law w in equity, and that ttiey will and heirs shall warr~nt and defend tM titlt to tM same to th~ safd MORiGAGEE, f» svcceuors ~nd auigns, fwwer against the lawful claims and dem~nds of all perw~s; PROVIDED, ALWAYS that if tF+e MORTGAGOR shsU psy unto tF?e MORTGAGEE the promiaory note hereinbefon described and ahall truly, p?omptly and fully perfwm, dixMrge, execute, compkte, comply with and abide by each snd every the stipulaY~pu, ~yreemenn, condiYwns and oov~nanb of said promissory rate and of this Mortgage, then this Mwtgaye and the &tate hereby created shal! uass and be null and wid. IT IS UNDERSTOOD that rhe word "Mortyapor" whethc? in tM .sing~lsr w plural anywhere in this Mwtgaye, sh~ll M sinyular if ons only a~+d shall be plw~l joi~tly and ieverally if mor~ than one. ~nd thst the word "their" as used anywhere in this MortQaya sb+ll be t~ken to me~n •'ha;• •'hen•• w"iri:' wherever tt~ context so implies w ~dmits. Alw, th~t wherever there is a ~eferenu in tM covenann and apreeme~ts h~rsin containsd to ~nr of rhe puf;es hereto, the same shsll be wnstr~ed to mean u well ss the heirs, le9al r~pre~ent~trves, suaeuors uid ~uiyru .(eithat vdunary by ~ct of th~ panias a involunt~ry by operaYao of the law) of the same and thst the covensnq herein cont~i~ed shafl bind ~nd the benefits arx! dv~ntpes inwt to ti~t resp~ctiv~ hein, kyal repreuntativq, wccessors and ~ss~Qns of the p~ni*s hereto. Md qid Matpapors, for themselres and their hein. le9al representatives, successws and assipns, hereby jointly ~~d s~ver~lly toveewM snd apr~e to ~nd with tht said MORTGAGEE, in successors ~nd assiprn: 1. To pay ~11 and supular tht princip~l and i~tasst a~d th~ various ~nd iundry wms of moneY paYabl~ by virtw of s~id promiuory not~, and this ~ maty+ps. ~ach ~nd wsry, promptly on the days ~eapeet~wly tF~ ~am~ Kv~rally bscane dw. ~ ' 2. To t WY ~!1 and sirgvlx the ta:n. ~ssesur~n». ~wies, li~bilitie+, oblipatiwu ~nd ~ncvmbrances of ~wry Mtw~ ~nd kied oow on saW d~scrib~d D~op~tY, a that her~ahK maY b~ imPowd. suffa~d. pbud, levi~d, a~aesssd tFKr~on, a th~t I+K~aftN mar b~ IwNd a~ssn~ed u~a? tl~ia Mort9- ~ ap~. a the ind~bt~dnea ascvr~d F~ereb~r. ~ack ~nd ~wry, whm dw ~nd p~y~ble. ~ccord;np to 4w, bet«~ Nity becane d~lirqwm. ~rd befa~ ~ny M~tuat anaches p u+y pemlty i~ incu~red; AND INSOFAR AS ANII THEREOf IS Oi RKORD THE SAME SHAIt 6E PROMPTLY SATISFIEp ANO ~ISCHARGED OF RECORD ANO THE ORIGINAI OffIG1Al OOCUMENT (SUCH I15, FOR INSTANCE, THE TAX RKEIPi OR iHE SATISfACTIOM PMfR OFFlCIAUY ENDORSED ~ OR CERTIflfD? SHAtI sE VLACED 1N THE HANpS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; ~nd in th~ ~wm /h~t uqr thNaof is no1 p+~d, a~'s(i~d ~nd discha~pd ~a:d MORTGAGEE nuy ~t ~ny t~me p~y tFM ~am~ w any pa~t tM~eof withow w~ivinp a affecfinp any option, ti~n, p~rity p , ~jpht undN w by virtut of fhis mor~yp~ arwl tM fuN •movnr of exh .nd eve.r wch p.vm•m shall be inrnsdw~dy dw •nd payebl. ~nd ~INII ~M infNN~ y han ~i+e daq thereo/ uMil p~7d ~t r~r~ ol n~nt pt. cerov~n pe. annwn and eop•rher w~tb wch im~+K~ ~MII be secw~d by tM liee, of ~h'a narptp~. ° ~o~ziz ~1 n~_~i~ 9y> . .