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HomeMy WebLinkAbout1206 • ~ • IGrW `Ifra~ . THIS INDENTURE, IN~d~ d» 19 Lh day of ~ rC h A.D. 19.Z~_, b~~~? A re . est a C~en o yn T~st, h s wite of - e . Cou~ty Fbrida. Mr~i~ai~a d~~ign~ad +s tMe "MORTGAGOR," u?d FIRST FEDERAL SAVINGS AN~ LOAN ASSOCIATION Of FORT PIERCE, • corpaation o~p~niud ~nd e,~istinp unda tM laws of ~M Uei~~d Saas of M?e~ic~ and !?~vinp in principal pl+c~ of bu~in~u ln th~ City of Fwt Pi~ru. Sf. luci~ Cour?ty, flwida. Mai~afta d~iipnated +s th~ "MORTG/1GEE." WHEREAS tM MORTGAGOR is jwtty lnd~bt~d to th~ MORTGAGfE i~ 1M ium of i~.~6~•~~ ~ocd +nd lawful ma+ey of thc United States adva~ced by tM MORTGAGEE uroo tM MORTGAGOR, ~s evidenced by a certain promiuay no~~ of even dste herewith ~f whkA th~ followiry In words and fiyures is a trw copy. ~o-wit: ~ ~~019 573 30,600.00 fo.~ P~..~., flwcd.. Mazch 19 ~„____19 93 Fw val~e received, 1, we o~ either of vs, promise to pay, without defalcat~on, to the order of FIRST FEOERAi SAVINGS AND IOA~I ASSOCIATION OF FORT PIERCE at Fat Piacs, Fbrida, tFx sum of ~ 3O ~ 6~' ~ with int~rest irom date st the rote of 7• 7~6 ~ annum, fn moNhly in~tal!- ments as fotlows: i 252'~O on the lOth day of 'j~y - 19 73 and ~ like sum on tM cwrespondi~ day of each month ~herr afte? until the whole be fully paid. . Each installment fint thsll be applied in payment of the interes~ and ?hen on the unpaid bslante of the principal sum. If deEq~lt it rMds ir? the payment of any installment when due, and such default continues 30 days, then at the optan of the holder, and without any other notice, all the remaining ~nstallmenti shall be due and payable at once. Privilege is given to prepay this ~ote in whole or in part at any time without penalty. Neither forebear~nte, nor acceptance by the holder thereof after any default in any payments hereon, shall be decmed extension. A late payment char9e of ~ 12'60 shsll be added to each installment remaining u~paid 7 days after iq due date, and a like sum shall be added to each such instaltment rem~ining uopaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severslly, waives dcmand, presentment protest and notice oF protest for ranpayment, and further agrees to any extension of time of payment, eitF?er before w aher maturity, without notice to any of us; and to pay all costs of collectwn, incl~d~np s reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homeste+d and exemption u~er the ca?atitution and laws of each State of the United States, as agai~st this obligation w any ezteruion or renewal hereof. w~tness the hand and usl of each party. s~ Alt~Ced L. TESt (SEAU (s~?U (SewU s Gwendolyn ?est ~ ~ $ 45.90 ~ state Revenue t~e~n~ ~a~etted-a+~cgcn.t no~ey - 30 600 . 00 NOW, THEREFORE, the MORTGAGOR fw the purpose of securing paymem of ssid sum of ~ ~ . and ths pe?form+nce of the covenants and agreements hereinafter expressed, and fw divers good snd valuable considerations, by these presents, does graM, baryain, sell, remise, releau, tonvey and tonfirm u~to the MORiGAGEE, its s~cceuors and sugni, all that certei~ lot, piece or partel of I~nd, sitvate, lyirg, and beirg in the ~ St . LtiIC 16 and State of Flwida, described as follows: Lot 38 and the East of Lot 39 of Block l, WAGr(ER SiBDIVISION, as per plat thereof on file in Plat Book 9, at Page 74, of - the Public Records of St. Lucie County, F'lorida I ~ ~~Q~~,~y ~ ~ > ~ E ~ FLORioa} o~ DOCUMEN Y,...,q,ti StAMP ~ ryD, ~~`~~~~c.y ~ ~ ~ ~ . Of AflIE#/ilE ` " t- ~ ~ i;- ~ ~ ° _ Pt ~ ~2~'13 ' 4 5. ~ Q ~ ~ H~ Vv`' o ~ f1102 ~ ~ J`,` 4~ ` ~ .?e- ~Y rogether with alI snd sirgular the tenements, hereditaments and appurtsnces thereunto belonging a in anywise ~ppertaining thereto, and dl ~enb, issues. proceeds and profiri accruing snd to scvue from said premises, all of wli~ch are included in the ~bovs and foregoing desuiption and habendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, ib successors +nd sstipns forewr. And th~ s~W MORTG R fw --~3-~---- heirs, execvton, administrators snd suigns, hereby tovan+nb with the said MORTGAGEE, its suttesso~s ~nd ~ssip~s. ~rh°ey are that - lawfully seized of the ssid premises in fee simple; that the ssme are free, ck~r ~~d disch~rped from all I'~ens ~nd ancum- brances in law or in equity, and tMt they W~~~ their hein sh~ll wurant and defend thc title to fhe same to tlw aaid MORTGAGEE, in successws and auigns, fwever against the lawful claims and demands of ~II persau; ~ PROVIDED, ALWAYS that if the MORTCaAGOR shsll psy unto the MORTGAGEE the promissory rate htreinbefwe destribed and shall huly, promptly and fully perform, dixharge, execute, compkte, comply with and ab~de by exh and every the stipulatioru, agreemenb, cor.d~iaro +nd oovenann of said promissory nofe and of this Martgage, then this /Nortgage snd tF~e Estate hereby veated thall ce+se snd be null and void. ~ IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singular ot plunl anywF+ere in this Mwtg+pe, shall be sirgular if one only and ~ shall be plural jointly ~nd sevenlly if mwe thsn one, snd that the wud "their" as vsed anywhete in this Morty+ge shall be bken to mesn "his;' "hen," or "its;' whereve~ the context w implies or admits. Alw, that wherever there is a reference in the coven~nri end ayreemenb F~erein oo~tsi~+sd to any of rhe pa?ties hercto, the ssme shall be construed to me~n a~ well as the he~n, legal representative~, successors and usigro (either volunury by +ct of tM parfies w involuntary by operation of the law) of the same a~d thst the covenants herein conbined shall bind and the benefib and adv~nt~yes inurt ro the respective heui, kgal representatives, successws snd +u°yns of the parties hereto. Md said Mortgsgors, for themulves snd their heirs, leyal rep~escMatives, succeswn and +uigru, hereby jantly snd severally covenant and pree to and with the ssid MORTGAGEE, its successon and auigns: 1. To pay all and unp~br the principal and interest and the varian snd wndry awns of mo~xy paY+ble by vi~tve of said promissory note. ~nd this monysge, e~ch ~nd every, promptly on ths d~ys respectively tFK same severally become dw. 2. To pay •II and ~irgulu the taxes. +isessments. I~vies, li~bilities, oMiyations snd srxwnbr~nces of ~very natur~ and kind raw on said dewib~d property, or tMt Mereafte~ may be imposed, suffered, placed, lev'~ed, or assessed thereon, a th~t he~~aha may be levad o~ ~tses~ed ~rpon Nds Mort¢ age, o~ tFw indebtedness secured he?eby. ~xh and every, when due and psyabl~, accwdirg ro law, befort th~y become d~linquent, aeid befw~ any intKest artacF+es or any penalty is i~cv?red; AND INSOFAR AS ANY THEREOF IS Of RKORD 7HE SAME SHAII dE PROMPTIY SAi1SfIE~ AND OISCHARGED Of RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALIY ENOORSED OR CERi1FIE0) SHAIt 6E PUCED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXi AfTER PAYMENT; and i~ th~ ~wM 1Mt any tt~~of Is no~ pa~d, iat"ified and dixh~rqed sa:d MORTGAGEE may ~t any t~me pay the same or any part lherwf withow waivinp a affectinp any option, lien, p~ity a .iqh~ under or by virtue o( this mortyaye and the full amoum of each ~nd every such paymtnt ihall bs immedi~tely dw and payablt and ihall Mar inttrest ~.om the date tM~eof unril p~id at ra~e of n~ne per centum per annum and ~opet ~~h~M(erest sl~ed b~ rM I~.n oi rh:s mayt.p~. ~.r ~ _ ~ - F~, ~ : ~ ~ , ~ ~ ~ ~ '