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HomeMy WebLinkAbout0209 ~5~12~ ~ THIS INOENTURE. IWd~ tM l~th d~y of AbL~l • . A.O. 19~~ b~tw~er? _ Richard t. JQhns and Janett M. hi~Ntf~g,; of $t~ j,~~ria ~Qynty Flwida, hereinaftK d~iign~~ed ~s tl» "MORTGAGOR," and fIRST FEDEIWL SAVINGS AND IOAN ASSpC1A?!ON O~F fORT PIERCE, a cwpaation waudssd and exi~tinp und~r tM (awa of th~ Unitlld 3f~N~ ei Am~ric~ ~nd Mvinp iri pri~cipal pt~c~ of ~ butin~u in tM City of Fort Pi~ru, St. lvci~ Counry. Fbrida, har~in~fitt desipnatd u tM "MORTGAGEE." WHEREAS th~ MORTGAGOR is jwtly ind~bt~d to tM MORTGAGEE i~ the wm of ~ 30 ~ 300- ~ 9ootl a~d l+wfu! money of the Un~ted ? S~ate~ advanced by ths MORTGAGEE unto th~ MORTGAGpR, as evidenced by • ceq~~n promiuo'ry notewf even date herewi~h, oi which tF+e foilowinp in ~ w«ds and fipures is a trw copY, to-wil: s 30, 300.00 No_ 1nn127n2 ! ~ Fwt Pierce. Flwida. ~7'i 1 ~ Q.~ 19~_ Fw valve received, 1, we or eithe~ of us, promise to pay, without defalcat~on, to the o~de~ of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF .t FORi PIfRCE at Fo~t Piaca, fbrida, the tum of s~; ~Q with interest from date at the rate of ~_96 per annum, in mo~thly irut~ll- ~ ments a followr. on fF?e .~fl~. day of AUg11SL 19~_ and a like sum on the correspondirg day of each month thert- ` after until the whole be fully paid. - ~ Each installment first shall bs applied in psyment of the i~terest and then on the unpaid balance of the princ~pal s~m. If defavlt is made 1n the t ~ paymenf of any inttallment when due, and such defaull continues 30 days, then at 1he option of the holder, and without any other notice, all the rem~inir~y ~ installmenta shall be due and payable at once. Privilege is given to prepay this inote in whole w i~ pan at sny time without penalty, Neither forebear~oce, nor accepunte by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment chsrge of =~0 shal! be added Io each in~tailment remaining unpa~d 7 days after Ib due date, and a like sum shall be added to each such installment remaining u~paid 7 days sffer each sucteeding payment date. ~ Each msker, sure and endorser hereof, { y jointly and severally, waives demand, presentment protest snd notice of protest fw nonpayment, and fuNher ~ agrees to any extensan of time of payment, either before w after matur+ty,' without notice to any of us; and to pay ell costs of collectioo, includiog a ~ ? reasonable attwney i fee in the event of any defaut? hereunder, and hereby severally waives all benefit of homestcad and exemption under the cw~stitution ~ , and laws of each State of the United States, as againat this obligation or any eatension a renewal hereof. ~ Witness the hand and seal of each party. ~ ~AU ~ ~ ~/Richard J. .Io s ~q ! ~ ($EAU i (_.~1~ 5~1a5 ) State ttevenue S~JaiiQt t M~ JOhsLS (SE~?U ~ ~ NOW, THEREFORE, the AhORTGAGOR for the purpox of securing paymcnt of ssid sum of S 3O~ 300. , and the performance of tM s ~ covenants and agrcements hereinafter expressed, and fw divers good snd va!uable considerations, by ffiese preunts, does grant, bar~ain, sel1, rem+se, release, convey and tonfirm unto the MORiGAGEF, its wcceuors and auigns, all that certain lot, pieCe ot putel of land, situats, lying, and beiny in the 3 County of St_ 1.L _i , and State of Florida, dewibed as follaws: i Lot 11s Block 90, UIVIT N0. S of SOUTH PORT ST. LUCIE, according to the Plat thereof recorded in Plat Book 14 at page 12, of the Public Records of St. Lucie County, Flori.da, I { ~ i i ~ ~ ' ~ i ~ ~ t ; i oF F~..a ` i , o IN PAYMQIT dF Tl~ ! oo~~E ~„~aY ; ' 1 r~~ ~ lN7AN61dlE rE~l~Ai PROrERn. a~~• . o~ R~ ~ 4 5, 4 51 ou~ a+ ~s ~~g~ ~~~q ~ o ~ ~ :Pa~r» " ~ ~u~wtr t° romu.s r.L'~ ~ G~~ ~RT. Si. WC~E 00.. ~ ~ =1uot 0 I I ~ together with sll snd singulsr the tenements, hereditaments and appurtantes tixreuMO belonging w in anywise appertaining N~ereM, and all ren», issws, ~ proceeds and profits acauing snd to accrve from said premises, all of wFiid? sre included in the above and fwegoing destripYwn and Mbendum. ! TO HAVE AND TO HOtO the above described s~d granted premises unto the said MORTGAGEE, iri successors and suigns forevet. Md the said ! MURTGAGOR for thBl= - heirs, executon, adminiatraton and assigrn, hereby tovenanri with the s~id MORTGAGEE, its s~ocesson snd ~aipm, ( { that ~Te--- lawfully xized of the ssid premises in fee simple; that the same ~re free, ckar snd d'~xhsrged from all liens and entvrtr ~ brances in Iaw or in equity, snd that theT_ W;p a~ thPi r hein shall wunnt and defend the titk ro the am~ to the aid MORiGAGEE, ih successors ~nd auigru, fwevrr against the lawful daims and dcrosnds ot ~II persons; PROYIDED, AlWAYS thst ef the AAOR7GAGOR shall pay unto the MORTGAGEE tF~e promissory note hereinbefote destribed ~nd slull truly, p?omptly , and fully perform, d~scharge, execute, compkte, comply with and sbide by esch and every the stipulations, syreemenn, conditions and covenanri of s~id promissory note and of this Mortgsge, then this Mortgage and the Estate haeby uested shall cease and be null snd void. tT i5 UNDEQSTOOD that rhe word "Mwtgagor' whether in the singuiar w plural anywhere in this Mortgaye, shall be sin~ular if one only ~nd , sh~ll be plurel jointly and severally if more thsn one, and that the wwd "tlxir" as used anywFnre in this Mortgage sh~ll be taken to mesn "his," "hers," or "iri;' wherever the context w implies a ~dmits. Alw, that whereve~ there is a reference in the covenanb and agreements herein cont~ined fo ~ny of ilu parties hereto, the iame shall be construed ro mem u well ss the heirs, kgsl• represe~tatives, successo~s and assigr~s (either volumary by ~ct of tlw parY~es or involuntary by operatwn oi the law) of tF~e same and that the covenants F?crein contained sF~all bind •nd fhe ber,efin and sdvanrayes irx~r~ ro the respective heirs, legal represenratives, waesson and ass~gro of tf~e psrties hereto. And said Mortgagors, for themselves snd their hein, legal represent~tives, succeswn ud auigns, hereby jointly and severally covensnt ~nd ~ree ro ~nd with the said MORTGAGEE, in wccessas ~nd assigns: ' 1. To pay +II ~nd sirgular the printipal snd imereit and the wriovs and sundry wms af money payabk by virtue of ssid prom;ssory npts, and this ~ mortgape, ead~ ~nd every, promptly on the days respectrvely the ssme sewrally become d~re. ~ 2. To pay all and aingvlu the t~:es, assesamenti, levies, li~bilities, obligsYans and encumb~ances of every nature and kind now on said d~suibed su Property, w t1~at hereaAe~ maY be impoaed, wffered, plxed, lev'~ed, or ~ssessed ~hereoo, or th~t hereafter may be kvied or as~essed upon this MortQ- a9e, w the indebtedneu secured hereby, esch end every, w1~en dve and payable. accwdinp to law, before tF~ey bccome delinq~ent, and befw~ ~r?y interpt I attaches w sny pe~alty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII SE PROMPTIY SATISFIED AYD D15CHARGED OF RECORD AND THE ORIGINAt OFFICIAI L10CUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION P/IPfR OiFIC1AllY FN~ORSED OR CFRilfIED) SHAII 6E pUtED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /1FTER PAYMENT; snd in the event thst any thereof b nw paid, sat'sfied and distharged sa:d MpRTGAGEE msy ~t sny time psy the same o? any psrt thereof without w~iviny a ~ffettinp a+y optiw4 Iien, equ;ty or •pht unde~ or by virtue oI this mortgage and the full amount of each and every such paymeM shall be irtwnediately d~e ar+d payable ~nd shall beu intNqt froen the date the~eof ~ntil paid at .ate of nlne per centum per •nnum and together w~th s~ch interest shall be sec~red by the lien of th:t rtaryt~e. ~onr.2~,.3 YAGE 2~9 ~ > 2~ ~s - - `C~ ~ ~ ~-r .e~~ .