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HomeMy WebLinkAbout2475 i~J16~J ~t iHIS INDENTURE, Mad~ tM 6th d~~ of APrl l A.D. 19 73 bHwe~n W~lliam Reamer and Davina M Re~er~ hic rri fE? o( Cou~1y Fbrida, hKt~naitK d~~~yo+~ed a~ tM "MORTGAGOR," +nd FIRST iEOERAI SAVINGS AND LOAN St . Lucie ~ ASSOCIATION OF FORT PIERCE. ~ twpaation wpani:td ~nd ~xi~tinp v~der IM I~ws ot IM Unif~d St~tq of Am~rica ~nd Mvinp iq principal plac~ of bvunys M+ t!» Csty of fwt Pi~.c~. St. luci~ Ca+oty. Fbrida, hK~iMfter d~sipnat~d th~ "MORTGAI'sEE:' WHEREAS tM MORTGAGOR h jvatly ie?d~bttd to tFw MORTGAGEE ie t!w tum oi = 15 , 9O~ • ~0 good and lawful mo~ey oi the Un~ted Statet advanced by the MORiGAGEE unto tM MORIGAGOR. as evide~ced by a certain promissay not~ of even date he.ewith, of wh~ch ths followinp in 15 9~0 00~ '~w coPy. ~o-r.~~: ~ 11000042 ~ F«t Pierc~. Flo?ida, APri 1 6~ 19 73 Fw valve received, 1, we or eithe~ of us, prornise to X without defalcation, to ~he order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, florida, the sum of = 15 ~ 9~"' ~ with interest from dat~ at the rate of 7• 7~ per annum, in moMhly insfa~l- ments aa foltows: S 131 . ~ lOthd~y of May 19 73 and + like sum on the curesponding day of each month there- afrcr until the whole be fully paid. Each installment first shall be applied in paymenl of ~he interest and then on the unpaid balance of the prindpal sum. If default is made in the paymeM of any insta~lment when due, and such defa~lt continues 30 days, then at the optio~ of the holder, and without any other notice, all the remain~ng . lnstallments shall be due and payable at once. Privitege is given fo prepay this ~ote in whole w in p~rt at ~ny tima without penalty. Neither forebearante, nor acceptance by the holder thcreof after any defauN in any payments hereon, shall be deemed extens'wn. A late payment charge of S 6. SS shall be added to each installment rema:nirtg unpaid 7 days after iri due dale, and a like sum shall be added to each such installment remaining unpaid 7 days sfter each succeeding paYmem date. Each maker, surety and endo~ser hereof, jointly and severally, waives demand, presemmenr protest and notice of protest fo~ nonpayment, snd further agiees to sny eatension of time of payment, eithe~ before o~ after maturity, without not~ce to any of us; and to pay all costs of cotlection, indud~ng a reasonabk attorney's fee in the event oF any default hereunder, and hereby seve~ally waives all benefit of homestead and exemption under the constitution and lavrs of each State of the United Sfates, as against this ob~igation w any e:tensio~ or renewal hereof. - Witness the hand and ual of each party_ . S/ William Reamer - csEaU S/ Davina- M . Reamer ~ij . - c5~/?U ~ 2 3. 8 S ~ State Revenue ' ~ Lsamps s~amed area~mtmoL 1 S~ 900 . 00 ~r~d the ?fwrnance of ths NOW, THEREFORE, the MORTGAGOR (or the purpose of secvring psyment of said sum of S P~ covensnn and agreements Fxreinafter eapreued, and for divers good and valwble ca?s~derations, by these presents, does graM, bargain, sell, re~+ise, release, conve~~nd cqnfuClneto tFx MORTGAGEE, iri successors and auigns, all that certain bt, piece or p+rcel of land, situate, lying, and bcing in the ~~~~y ~ Z L and State of Florida, dewibed as follows: Lot 4, AZALEA WAY (being a re-subdivision of Lot 48, MARAVILIA GARDENS SUBDIVISION as per Plat Book 6, page 55) recorded in Plat Book 9, page 51, public records of St. Lucie County, Florida. ~ At ` ~ STAT~ °R .FL?~PflA x 1 D DOCIlMEN1ARY ~ : ' ° pEPt..Of RE1fENUE 8 c, ~ G ~N PAYMEKi OF Ti1XE~ J CIASS 'C' IIITMI816LE PER90 c ~ ~ ~JR~~l~ i' HAL PRp . ~ o=' 1~, I P1IRSIMMi TO p1AP~R 7~~~S OF 19 1 m jo Ii08ER l~J ~ W( C I A C U t ~ COURT. Si. WCIE 00., F(A ~ together with all and singular the tenements, heredit~ments snd appurtarxes therevnto belonging or in +nywise ~ppert+~ninp therefo, and aU renri, iuves, proceeds snd profits acv~ing and to accrue from ssid premixs, all of which are included in the above snd foregoing dewiption and Fubendom. TO HAVE AND TO HOLD the above desuibed snd granted premises uMO the said MORTGAGEE, its successors snd sas'~9ns fwever. Md t!w s~id MORTGAGOR for - thel r-- ~;rs, executws, administrators ~nd assigns, htreby covensnts with the s+id I~tORTGAGEE, its s~?tteswn ~nd ~ssiynt. Tha~ t~eV are Iswfully se~zed of the ssid premises in fee s~mple: tMt the same sre free, ckar and dischsrged from sll lie~a a~d encum~ brantes in Iaw a in equity, and thal theyw;~i their heirs sMll warrsnf and defend the title to the same to the s~id MORTGAGEE, ib sucussors and assigns, forever against the lawful claims and demands of sll persau; z PROVIDED, AlWAYS that if the MORTGAGOR sF+~ll psy unto the MORTGAGEE the promiuwy note hereinbefore dexribed snd sh+ll truly, promptly and fully perfwm, discharge, exetute, canp~ete, tomply with +nd abide by esth and every the stipulations, syreements, conditions and covensMs of said ~ promissory note +nd of this Mortgage, then this Mwtgage and the Estste hereby veated ihall cease ~nd be null and void. ~ IT IS UNDERSTOOD ihat the word "Mortysgor" whether in the s7ngular a pfural anywlxre in this Mort9ape, shall be sinpulu if one only and ~ shsll be plural jointly and severally if more thsn one. ~nd th~t the word "their" as used ~nywhere in this AAortpsye shall be tsken to mesn "his:' "hen;' ~ ~ or "its;' wherever tFx conte:t so implies a admitt. Alio, that whcrever the~e is • reference in tiw covenann ~nd ~yreemenri herein cw?tsined to any of ~ the parties hereto, the same shall be cautrued to mea~ ss well ss the heirs, leyal rtpresent~tives, successon and assiyro (eitlxr volunt~ry by ~ct oi th~ ~ parties a imrolunury by operstion of the law) of the s~me +~d that the covensnb herein contsined shall bind and the benefits and advantayes irwn . ro the respectiw he'us, leyal representatives, wcuswrs and au~pns of the parrits hento. ' And said Mortgagws, for themselves ~+d their hein, ley+1 represcnutives, successw~ and ~sai9n~, hereby jointly snd severally covenant ~nd pree io and with the sa~d MORTGAGEE, irs ~uccesso?s and auigns: ~j 1. To p+y dl and sirgvlar ths principal and interest and the wrio~s and wndry sums of nwney P+Y~Ie by vinue of said promisio?y note. +nd this ~ mut9+ye• each Md awry. PromPtly on tlw days reipectively the same Kv~rally becorn~ dw. 2. To pay ~II and Mnpular the tax~s. +ssessmenn, levies, liabil~ria, oblips~ans ~nd ~ncvmbanua oi ev~ry MfWf kif~ now on said described cx f prop~.ty a that hereaft~r may b~ ireposed. wff~.~d, pl~ced. Iwied, a assess~d ther~on, or th~t h~r~afNr may b~ Iwad a Ks~s~ed ~pon tF~is Mwtg --+qe, a ~Fw k~dtb~edn~a secursd her~by. ~ach and we.y. wh~n dw a~d p+Yable, accordirp to law, b~for~ they becam delinqwM, ~nd b~fw~ ~ny int~r~s~ ~ttscFies o. any pen+lry is incwred; AND INSOFAR AS ANY THEREOF IS OF RKOkO TME SAME SH~?ll SE PROMPTLY SATISFIED ANO OISCHARGEO OF RKORO ANp THE ORIGttvAl OFfIC~AI OOCUMENT (511CH A5, fOR INSTANCE, THE TAX RECEIVT OR THE SATISFACTION PAPEIt OFfIC1AllY ENOORSED OR CERTIf1ED) SMAU !E PUCED IN THE HANOS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and iI1 fl~f fVM/ that ~ny thereof is ~ot pad, a~t s(ied ~nd d;scharped sa d MORTGAGEE n+~y at any t~me p~~ tht taene O~ ~ny p+„ thereof withoW wairirg w•(Iepinp ~ny option, litn, equity a •.pM under o~ by v"urve of ti+n mo.~9aye ~nd ~he full ~mount oi e~ch and we.y such p~ymem ~ha~l be Wr~ned~ately dw ~nd pay~b4 u+d sh~ll b~a im~res~ bom rhe d~t~ ~hereol un~il pa~d n.~~e o1 n~ne pe~ csmvm per •nnum n~d ~o~ethe~ wnh ~uch iMNNt ~hall be secwed by rh~ lien of rh's maptp~. - s> ~ e.r-,~.x?`>~- . ~