HomeMy WebLinkAbout1210 2~'72"!
nia i~Hn~. M.d~. a~ 26 t h ~y ~ Ma rc h /1-D. 19?~ b.~w•«+
B ne H rndon and r A Heznd n h
~ SL. LUC Q fbrid~, he~e;MhK dta;g,wred ~i ~M "1NORiGAGOR:' +nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCtATlON OF fORT PIERCE. • oapoatan wpaniud ~nd exis~in~ wder ~M laws of tFw Unit~d Sta~~s of Am~rica and havinp its principal pi~c~ of
buw~n in ~M G~r d fat PiKa. St. luci~ CowNy. flaidr, Iweinaher dssipn+t~d as IM "MORTGAGEE."
yIfFERfAS tht MpqTGAGpq is justy ird~bt~d to t!r MORTGAGEE in the wm of i 7• ~0 yood and Iswful mo~ey of the Unlted
Seates advanced by th~ MORTGAGEE unto tht MORTGAGOR. u evidenced by a ce?tain promiasory note of even d+te herewith, of which the followinp in
wwda and fipur~s is a nw copy. towir:
_ ~ 10019634
~ P~u. F~~. March 26 19 ~3
For value received, 1, we a cither of us, promise to pay, without defalcatcon, to the order of iIRST fEDERAI SAVINGr~S~ AND IOAN ASSOC~ATION OF
FORT PIERCE at Fwt Pierce. Fbrida,, the w~n of i 7-~0 with interest from date at the rate of 7' 7~fa pe? an~um4 ~^o^th~Y ~^s~a~E
ments as foltows: i on ?he l~th d~y of '~~y 19 7 3 and a like sum on the correspond~np day d each month thcrr
aher until fhe wlwlt be iully paid.
Esd~ irntallment first shall be appl'~ed in payment of the iMerest ~nd the~ on the unpaid bslsnce of the princips) sum. lf default is msds in the
payment of any i~ntallme~t when due, and such defwh continues 30 days, theo at the option of the holder, and without any other ~+olice, all the remaining
~nstal4nenb shail be due and payable st once. Privile9e is giver? ro prepaY this eote in whole w in part at any time without penalty. ' Nsither forebearance.
nor aocepqnce by the lwide~ thereof aftcr. s~?y default in sny payments hereon, shall be deemed extension. A late paymeM charge of S~~ sha~~ be
added to each irotallment remaining unpa~d 7 days ~fte~ iri due date, and a like sum shall be added to each such installment remaining uopaid 7 days after
eac}~ wcaedmg psyment data
E~d~ ~naker, surety and endorse~ hereof, jointly and severally, wsives dcmand, prese~tment protest and notice of protest fw nw~payment, snd further
agrees b anp e~ctension of t~me of paymeot, cither before a aha maturity, without notice to any of us; and to pay all costs of collection, including a
reason~bie attorney i fee in the ercnt of any defwit herevnder, and hereby severally waives all benefit of homestcad and exemption under the cautitution
and taws of each State of the United Sutes, as againat this obligatan or ae+y eatensio~ or renewal hereof.
W;tness the hand ~nd sesl of each partY.
s/ Bugene Nerndon ~y
cs~?u
cs~?u
Mary A. Herndon ~
~ $ 10.50 ) srm Rew.M,e
tiae~e s~eaieYe+~ ~ saonteose~
NOW, TFfEREFORE, the AIIORTGAGOR fw tfie purpose ot secvring psyment of s~id sum of Z 7~ and the performance of ths
coven~nts and apreemenb hereinafter e:presxd. snd for divers good ~nd valwble consideratiwn, by these p~esents, does grant, bsr9ain, ull, remiu,.
releaas, comry and conPum unw the MORiGAGEE. its succeuora and sssig~s, all that certain bt, piece w pstcel of land, tituate, lying, and being in ths
~ SL. Lucie and Stste of Fbrid~, dewibed as follows:
Lots 7 and 8, Block 15, RfiVISED PLAT OR FORT PIERCB BEACN SLBDIVISION,
as per plat thereof on file in Plat Book 8, Page 29, of the Public
Records of St. Lucie County, Florida,
?his is a second aortgage being inferior only to a prior first mortgage
froo Mortgagors to Mortg~?gee, dated November 14, 1972, and recorded in
O. R. Book 208, Page 956, Public Records of St. Lucie County, Florida.
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= DOCUMENTARY S1AMP tA X ~ o~ ~q~~ 4 pCJ~S ~
~ ~ -9EPi.OF RErEMiIE _ <t~~~~' ,J~ ~q.S~'~'"
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rogether witl~ stl and sinyvlar the ter~nents, her~taments srd appurtances thercunro belonging a in snywi~e appertsining therero. ~nd all renn, iuws,
p,ooeeds snd pref;fs sccn,;ny and to scwe from s+id pemixs, all of which xe included 'u~ the sbove snd fwe9oing descripYan and F?sbendvm.
TO HAVE AND TO HOLD ths +bove desaibed and grsnted premises unto the said MORTGAGEE. iri s~ccessors s~d auipns fwever. And th~ s~id
~~,A('~pq {a t~iY hein, e:ecutors, sdministraton and assigns, hereby toven+n» with the said MORTGAGEE,.its waessors snd assipoa.
~ thP_V~_ ~~~ty ~~misp in fee simple; that the ~ame sre free, clear u~d discMrged from all I'iens snd encum~
~~s ~~~r~ they w~~~ ~ tb@lr ~~n w~rrant and defend the titfe to the s~me to ths s+id
~ µpqT~E, ps ~c~ors snd ass;gr~s, fwever aysinst the Iawful daims and de~nands of sll persan;
PROYIDED. AlWAYS that if the MOR7GAGOR sha8 pay unto the MORTGAGEE the promiasory note hereinbefore described and shsll truly, promptlY
g and fv11y perfonn dadwge• e:earte, compkte, canplY wiih and sbide by esch ~nd every the stipulations, agreemenb, conditian and covenanb of s+id
~ prwersso~y ~w~e ~nd of this Morkjaye, t}~en this Mortgsge and the Estate hereby vested shsll cesse snd be null u+d wid.
~ R IS UNpERSTppp thst the word "Alkxtgsgor" wF.ether in the singular w plwal snywhere in tha Mwt9age, sh~ll be sir~yulu if one only ~nd
shsq be plu?~I joi~ty and srrersly if more tFw~ one, and that the word "their" as used anywhere in thia Nlortgage shall be tsken to mean "his; ••'hen; •
- or As," wrhere+nes the coment w"wnplies a sdmits. Also, thst wherever there is s reference in the coven+nri aod agreements hetein contained to ~ny of
r1~e part;es hve~o, the sarne sh~ll be corntrved to mean as well as the heirs, kgal representstives, successws and ~uiym (either voluntsry by ~ct of the
part;es or invohxaary bp operation of the Isw) of the same ud that the covenants herein contsined shsll bind and the benefib and adwntspes inwe
ra th~ respedive he'rs. ky~t represauatives, svcoessws and sss~pro of the parties hereto.
Md said AI{ortgsgors, fw tlrcnaelves snd tfieir heirs, k9sl represematives, wueswn and auiqns, hereby joiMty and severally tovenant and pree
ro and wAh the s~id MORTGAGEE, irs Hx.cessors and sssi9nsz
1. To psy all and siiguiar fhs pincipal and interest and the wrious ~nd ivndry sums of money p~Y+ble bY virtue of ssid promissory note, and thi~
morqaye, s+d~ ~nd every. V~o~npt~Y o^ the d+ri respectively the same severa{ly become ~ue.
2 To pap aq and si+pulx ths t~:d, asseavnents, kvies, Gabil~ties, obligatian and e~cumbr~nces of every nature and kind now on said dew~ed
propertp, a A.u hereafwr may be inpwed, wffered. V~+ced, kvied, a aaessed thereon, or that hereaher may be levied a assessed vpon this Map-
ape, or d~e ~x sacued herebp, each and e+~erY, when due w+d p+yabk, sccordirg to law, befort they bec«n~ delinqueM, and befor~ u~y imKat
ma~hes cr an~r pen+ltr 's inanred; APW INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII dE PROMPTLY SATISf1ED AND OISCHARGED OF
tELpRp ANp THE ORIGI~tAI OFFICIAL DOCWMEM (SIKH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N P/1PER OFFICIALLY ENDORSED
Qt CERitFIEO) SFIALL !E /IACEO IN THE HANpS OF SA~O MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENt; ~nd in the evem t!»t any tlweof a not
ps~d, s~r"sfied and ded+ry~d sa"d MORTGAGff rnay at u~y time pay the same w a~y p+n thereof witho~t waivirq w affectinp ~rryr option, lien, eqviry a
„plw ~„der or by v;rt„r oi t},;s nw.ryqc and the full a.nown of each and eve.y wch paYmMt shall be imned"u~ely due and pay~bk and slull beu interest
howe d~e d~ee rf+neo4 va:1 pa~d a~ rats of n:ne per unnwn per annu~n and topFt~ ~ 6~h ~~ey ~i~( ~ secured by th~ lien of th:s morytpe.
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