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Home My WebLink About1204 ~G?.711~liG4 THIS INDENTURE, Mad~ 1hs ZZnd day of Me?rch A.~. 19 73 bHwNn Ja~es R.?haxton and B ou se . haxton, s w fe of St. LYC @ CouMy Flor;da~, Iw~i~ftN dssigna~d a~ tM "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE. ~ corpor~tion orpu?iud ~nd exi~tinp undM tM laws of 1M Unit~d St~tN of /1m~rica ~nd Mvinp in prir?cipal plaw of buunNS In th~ Ctty of Fat PiKa. St. lucN Couoty. flaida, Mr~inaftN dKipnatsd u tM "N~ORTG/lt3EE." WHEREAS tF» JNORTGAGOR is justly ird~bt~d M tM MORTCsAGEE io th~ sum of = 6~.4~•~ 9ood snd IawF~f money of the llnited States advu+ced by the MORTGAGEE unto ths MORiGAGOR, aa evidenced by a cauin promiuory nott of even date herewith, of wh~ch the followir~p in wwds ~nd figur~s is a trw copY. to-wit: = 6.400.00 ~ lO~t!l19603 Fwt Pierc~ Florida, March 22 1973 For wlua received, 1, we or either of vi, prom~se to pay, witi~qit defalcation, to the wder of FIRST FE~ERAL SAVINGS A.YO IOAN ASSOt.lAT10V Of iORi PIERCE sf Fpt Pie~cs, Florida, the sum of ; f+i 4~ •QQ_ with interest irom date at the r~te of pK a~num, in mpr?fhly in~t~ll- ments as foftow:: s 61•~ on t~~th tlay of ~y 1q 73 and ~ Iike sum on ths ca~esponJing d~jy af each month therr after uNil the whok be fuily paid. Each installment first shall be applied in psyment of the interest and then on the unpaid balance of the principsl sum. If defautl i~ euds in the payment of any installmcnt when due, and such dcfault continues 30 days, then at the option of the holder, snd without any othcr notice, all tF+e remaining ~nstallmenb shall be due and payable at once. Privilege is yive~ to prep+y this note in whole or in part at ~ny time without penatfy. Neitlxr torebearance, nor acceptance by the holde~ thereof aiter a~y defauh in any payments hc?eon, shatl be deemed eatcnsion. A lale payme~t tharge of s 3' -,~S ~hall be added to each installment ~emaining unpa;d 7 days after iri due date, and a like svm shall be added to each such installrrKnt remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, joinlly and sevenlly, waives dema~?d, preuntment protest and notice of protcst for nonpaymeat, end further agrees fo any eztension of t~rree of payment, either be(ore o? after maturity, without notice to any of us; snd to pay all costs of collection, includ~ng s reasonable attorney's fee in the event oi any defauh herevnder, and F?ereby severally waives all benefit of homestead and exemption under ihe tonstitutan and laws of each State of the United States, as ayainst this obligation or any exrension or renewa) Mereof. Witneu the hand and sed oi esch party. _s/ Jaaes R. Thaxton ~y - cs~?u ' ~u ~ $ 9.60 _s/ ~Iouise C _ Thaxten ~pp ) State kevenue IztarrMw wwo~Her M ~rigir»I-MN} NOW, THEREfORE, tfx MORTGAGOR for the purpose of secvring payment of said sum of S 6~~~ , and the performarxe of the coven~nb and agreemenq hereinafter expressed, and fa ~vcrs good and valuabte conside?ations, by fhese pr~senb, doet grant, ba?Qain, xll, remise, releax, convey and conf'um un~o tF?e MORTGAGEE, in wccessors and ~uigns, all that certain bt. piece a pucel of Isnd, situate, lying, snd beirg in ths County of St . Lt1C le and State of Flwida, dew~bed as follow~: The East 60 feet of the West 120 feet of Lot 47, MARAVILLA GARDF7IS SUBDIVISI~i, LNIT NO. 1, as per plat thereof on file in Plat Book 6, Page 55, of the Public Records of St. Lucie County, Rlorida ~o~o~~' z \~Q-:;;~: o~ ~ 0 ~~~~~~~y~~ M s A ~ F~ou~oA ~ ~~Q~.~~~5 n~ MEN AaY .q~. SYAMP TA X ~ ~ . ~\p~' - OF R[11ENIlE ~ . y ~C- 111 ~1~~,`~' o = ~09 6~~ . ~ •~.G ~5~. ; _ = ~i'.d2t~73 ` ~ . ~ ~4~4 ~ J~t. . e = ~.not 's d1 . ~ . 4~~t ~ Q ~ together with all and singut~r the tenement~, hereditsmenri and appvrtances thereunto belonging a in anywise ippertsininp thereto, ~nd all renri, issues, proteeds and prof~a scauing and to sccrve from i+id premises, all of which are included' in the above and fweyoing descriptan and habendvm. TO HAVE AND TO 11Q1D 1Me above desuibed +nd g~snted premises uMO the said MORTGAGEE, its wccesson and ~ugns forever. Md tM ~aid MORTGAGOR for the t r he~n, executon, adminisrraton and suigns, hereby covenants wirh the said MORTGAGEE, in wcceswn ~nd ~isi~rq, that -~43L-3~-- tawfully uized of the tsid premises in fee simple; that the ssma ue free, ckar a~d disclutged irom sd lierq ~nd encvnr brances in law w in equity, and that they W~~~ a~ their h~~n shstl warrant and defend tM title fo the same to the sald MORiGAGEE, ita sucussors and assigru, forever sgainst the lawful claims and demu+ds of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall psy u~to the MORTGAGEE tM promissay note hereinbefore described and shatl truly, promptly and fully perfwm, diuharge, execute, complete, comply with and sb~de by each and every the stipul~tions, ay~eements, conditior~ ~nd covenants of said promissory nore and of this Mo~tgage, t)xn this Nbrtgage and the Eitste hereby uested shall ua~e and be null and void. 17 IS UNDERSTOOD thst the wwd "Mortgsgw" whether in the singular or plwal ~nywhere in fhis Mortgsqe, shsll be singular if one only ~nd shall be plural jointly ~rd sever~lly if mora tha~ one, snd that the wwd "their" as used anywhere in ti~a Mortgage shall be taken to me~n "his:' "han;' o? "its," wh~vever the context so implies w admirs. Also, that wherever thero is a refe~ence in the covensnb ar+d agreemenn herei~ contained to amr of the pa?ties hereto, the same shall be construed ro mean as well ~s the heirs, legal represematives, woceswrs and auigra (either volu~ury by ac1 of ths parties or involuM~ry by operat'an of the kw) of tF~e same and that the covcnanri herein contained shall bind and the benefitt and adv~nta~~s Inwe to the respective heirs, kgsl representatives, succeswrs and ais'gns of the puties hento. And said Mwtgagon, fa themselvea and their hein, legal representatives, successas ~~d assi9ns, hereby joi~Ny ~nd sever~lly covenant ~nd apree ro and with the ~sid N1pRTGAGEE, its successws aod auigro: 1. To pay all and singula~ the principal snd interest and the variovs and sundry sums of money pay~ble by vinve oi isid promissory note, u~d tF?a mortBsQe, e+ch and every, promptly o~ the days respectively the same severally becpns dve. 2. To pay all and sirgulu tl+e t~xes, sstessment:. levies, liabilities, obligatrons and encymbrancei of every n~ture and ki~d now on wid desuibed Property, a th~t hereaher maY b~ imposed, wffered, placed, levied, or swssed thneon, a th~t heresfler may M tevied or assessed upon this N{ortQ. age, a the indebtedneu ucu~ed hereby, e~ch ind every, when due and paysble, accordinp to law. betas they become delinq~eM, and befwe interest attaches w any penstty ia incwred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII dE PROMPTLY SATISFIED AND DISCHARGED OF RKORD AN~ THE ORiGINAI OFfiCtAl DOCUMfNT (SUCH AS, FOR iNSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ OR CERTIFIED) SHAII EE PIACED IN TME HANDS OF SAID MORTGAGEE WITMIN TEN OAYS NEXT AfTER PAYMENT; ~nd in the event tMt any tMreof h nw paid, sat'sfied ~nd dischar~ed sa:d MORTGAGEE may at any time pay the sams o. any pan rlxreof withart w~ivirg or ~tfectirq any option, litn, eqvity or •iQhr under o~ by vinve o? this mortyage and fhe full amovnt of each and every tuch p~ymeM thall b~ irtrnediafely due and pay~ble and shall bear inta~st ~.om the date ~hereof until paid ~t rate of nine per tentum per an~um and t`~ ~tj ~h in~rC~~~ secured by the lie~ o! ~h:~ mw9ta~. i-~ y l~r1~r ~iNK _ ~ 4 " - - " _ _ . - . . V ~~y"9'_, ~a,' ~°~x'+' _ _ _ . . ~ ,.c',s.'+.kf"L~5. ~.i~~d'".' ~"'m.-~ "y.'v^' .S s.~,~,~j+° _ ~ , r._ .