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HomeMy WebLinkAbout0702 2524~9 THIS INOENTURE, Mad~ the i~th day of April A.O. 19_ 73~ MtwNn T ~'~--°i--r r-~ ~e n~s~~v and Nancy I 2_uaa,~ hi~ wife of $L. ~ucie , Cp~nfy Florida, hlreinafta d~iignat~d ~i the "MORTGAGOR;' ~~d FIRST FEOERAL SAVINGS AND IOAN ASSpC1AT10N Of FORT PIERCE, • cwporation or9~~ized ~nd existirq u~der th~ law~ of ths Unitsd SHt~s •of Ame~ica and havinp i» principal pl~c~ of busin~u in tM Ciy of Fort Pi~?ce, St. lucie County, Flaida. hereinaft~r desp~ated ~s tM "MQR~T;A_GE~.~~ WHEREAS 1M MORIGAGOR is ' ~I ind~b~~d ro tM MORTGAGEE in the ium of = 1 800 ~vs y , good and lawful monay of the U~ited States advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a cartiin promiuory nots ot even dste txrewith, of wh~ch ths followir?p in words ~nd figures is s trus copy, to-wil: ~ i9~ eoo.oo ~ 100147a2 Fort Pierc~. Flwida, Apzi 1 17, 19 73 _ For value received, 1, we or either of us, promise to pay, without defslcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIA710N OF FORT PIERCE at Fort Pierce, Florida, the sum of s 19+8~~~ w;th interes~ from date ar ~he rate of 7~S 96 pe? annum, in monthly iis?~I6 ments as follows: ~ on the l~th day of J~a , 19 7~nd a l;ka sum on fhs cor~espondiny day of each month there- afrer until the whole be fully paid. Each insta~lment first ahall be applied in payment of tM interest and then on the unpaid balance of the principal sum. If default is msde in ths payment of any instaltment wheo due, and s~ch defauh continues 30 days, then st the option of tlrs holder, and wifhouf any other notice, all the remaining ;nstallments ahaU be due and payable at once. Privilege is given to prepsy this note in whole w in pa?t st any time without penahy. Neither faebearance, nor arceptance by the holde~ thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of i~ shall be added to each installment remainiog unpaid 7 days after its due date, and a like sum shatl be added to each such installme~t remaen;ng unpaid 7 days after each sutceeding payment date. Each maker, surety and endwur hereof, jointly and severally, waives demand, ~aresentment protest and notice of protest fw nonpayment, and fuAher agrees to any extension of time of payment, either before or affe~ maturity, without not7ce to any of us; and to pay aN rnsts of coUection, includ;ng a reasonable atto~ney's fee in the event of any default he?eunder, and hereby severally waives all benefit of homestead and exemption under the constitutan and Iaws of each State of the United States, as agai~st this obligation or any exte~sion o? renewal hereof, . Witness the hand and seal of each party. -:s ~~u s/ John J . 2vigav ~A~) cs~?u s/ Nancy I. Zugay ~ $29 ~70 ) State Revenve cs,«~q <aw~eu.r,ow-e.i~iw.{-~ae) NOW, THEREFORE, the MURTGAGOR for the purpose of securing payment of said sum of i 19 er+d the performsnce of ths covenants and agreements hereinafter expreued, and for divers good and valusbte conaiderations, by these preunts, does grant, bargain, sell, remise, releau, co~vey and confirm u to the MORTGAGEE, in iuccessors and assigns, all that ceruin lot, piece or parte! af land, situate, lying, and beirg in ths St. Luc~e ~g Covnty of aed State of Florida, dewibed ~a follows: ~ Lot 12, Block 2, RIVER PARK SUBDIVISION, UNIT NO. 1~ ~ LESS AND Ek~EP? all that pazt lying within 10 feet of the line dividing Lots 11 and Z2 in said Block 2, according to the plat thezeof recorded in Plat Book 10, page 69 of the public records of St. Lucie County, Florida, STA RY ~LO~?IDA ~ .~~D IN PAYMENT bF TAXES S AlV~P TA X ~ olE ON CU1SS ~C' ~NTAt~G~EIE PERSONU. PROPER(tl, ~ /URSIIANT TO CNAPTER I1-13~. ACTS Of 1911. ~-c ~ o pE*T:OF:#YEM ~ N06ER POITRAS ~ ~rn ~ 2 9. 7 4 1 c~c c~u~ aouat. s~. wc~ oo, ~u ~ ~ e = mot t together with sll snd singular the tenements, hereditamcnts snd ~ppurtarxes thereunto belongiog or in anywise sppertaining tlxreto, and all rents, iuues, I proceeds and profits acauirg and to smue from ssid premises, all of which sre included in fhe sbove and foregoing dewipYwn and habendum. TO HAYE AND TO HOtD the above desc?ibed and grsnted premises uMO the taid AhORTGAGEE, its successon s~d sssigns forever. And tl+~ said MOR7GAGOR fo~ their he;rs, executors, administratas end assigns, hereby covenann with the ssid MORTGAGEE, its succesiws ~nd assiyns, , fhat ar'g-- ia„~„uY xized of the said premises in fee simple; that the tame sre free, ck~r and diuharged from all liens ~nd encvrtr brances in law o~ in equity, and thst tt1~j/ will and tbe1r heirs shsll war~ant and defend the title to the sams to the s+id MORTGAGEE, its svccessors and assigns, forever against the fawful ctaims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shap pay unfo the MORIGAGEE the p~omissory note hereinbefore dexribed ~nd shall truly, promptly and fully perfwm, d~xharge, execute, tomplete, comply with snd abide by each and every the stipulations, sgreements, condiYwns snd covenanri of said promissory note and of this Mortgage, then this Mortgage and the Estate Fereby created iF?all ce~se snd be null and void. IT IS UNDERSTOOD that the word "N!ortgsgor" whether ~in the singular or plural anywhere in this Mo?tgage, sF~sil be sinyulu if one only and ! shall be plurel joimly snd severally if mwe tMo one, and that the wwd "their" ss used anywherc in this Nbrtgsge shall be take+? to mean "his;' "hen;' or "its;' wF~e~ever the context so implies w admits. Also, that wherever there is • refe~ence in the covenants ~nd sgreert~enri herein eontai+xd to arty of the puties hercto, the same shaN be conarrued to mean as well u ti~e heirs, legal representatives, successors and assgns (eiti?er voluntary by sct of the parties or involuntsry by operation of the law) of the same and that the covenants herein contained shall bind and the bcnefib and advantages inure to fhe respeNive heirs, legal representatives, successon ~nd au~gns of the parties he~eto. /Ind said Mortgagon, for thcmulves a~+d thein c~irs, lcgat ~eprexntatives, successors snd sssigns, ixreby jointly and severally covenant and syree fo and with the said MORTGAGEE, its successors and sssigns: 1. To pay alI and singvlar tFx principal and interest ~nd the various snd sundry wms of money payable by virtue of said promissory note, and this ; mortgage, e+ch and every, promptly on the days respectively the same severafly beco~rie d~a. ~ 2. To pay •11 and singular the taxes, assessments, levies, liabilities, obligstions and encumbr~~ces of every nature snd kiad now on iaid dewibed j property, w that hcresfte~ may be imposed, iuffered, placed, levied, o? assesud thereon, q thst hereafter may be levied or useased upp~ fhis Mpt~. ~ age, w the indebtedness secured hereby, each and every, when due and payabte, accwdinp to law, before fhey become delinquent, a~d before ~ny interest aftaches o~ any penalty ;s incurred; AND fNSpFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCMARGEO Of RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICiAILY ENDORSED i OR CERTIf1E0) SHALL BE PLACED IN THE HANDS OF SAID MORTGAL'sEE WIiHlN TEN DAYS NEXT Af1ER PAYMENT; ~nd i~ the event thst any thereof is not } ~ paid, sat"sficd a~d diuharged sa:d MORTGAGEE may at any time pay tF~e same a any part thereof withovt waivir?g or affectirg ~~y option, lien, eqvify or ! •~qF~t ~nder or by virtue of this mortgage and the full amount of esch and evr?y such payment shall be immediately dve and payabk and sFull besr interest 'i s•om ?he date thereof unfil paid st rate of nine per cemum per an~um and ~ogetF~e? w~th such intercit }I al~tl be sec~red by the tien of th:s moryt~yt. f : :,LK. ~ hGt ! 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