HomeMy WebLinkAbout0769 Fra7rGa7:j.~f
THIS INDENTURE, ARade th. 13t h day ot ~ A~S i 1 A.0. 19 7
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Armando C~. Rodqers and Glenda Ann Rod~c~,r~, h~~vr~fe~' •
~
of . Lucie , Covnty Flwid~, MnioaftK d~iignared ~s th~ "MORTGAGOR," and FIRST FEOERA~ SAVINGS AND LOAN
ASSOCIATION OF fORi PIERCE, a oapaatiun ory~niz~d ~nd ~~cistiny undN tM lawi of tM Unit~d St+t~s of Am~ric~ ~nd havinp iri principal plsc~ of
business tn tM City of Fwt PiKU, St, l~rcie County, Fbrid~, het~inaft~t ds:p~ated a 1M "MORTGAGEE."
WNEREAS tM MORTGAGOR is juitly indebt~d ro th~ MORTGAGEE in ths sum of s 19 ~ 7~ -~ood and lewful money of the Un~ted
States advanced by the MORTGAGEE ~nto the MORiGAGOR, as evidenced by • ce?ta~~ prom+uory rate of evsn d~te herewith, of which the iollowinp in
~ wads ~nd fguree is a trw copy, to-wi~:
= 19,900.00 ~ 11000043
~
Pwt Pierc~. Fla~d+. ~?P='11 13~ 19 73
~ For value received, 1, we ar either of us, promise to pay, without defalcation, to the o~de~ of fIRST FEDERAI SAViNGS AND LOAN ASSOCIATION OF
~ FORT PIERCE af Fort Pierce, Fbrida, the sum of ~ 29 ~70~• ~ w;th interest from date at the rate of 7• 7~ per annum, in monthly install-
ments as fotlows: = 162 on tF?e 1~~ay of -June 19~_ snd a liks sum on the cwrespond~ng day of each month there-
afeer until the whole be ivlly paid.
~ Each installment first shall be ~pplied in payment of ths interest and then on the unpaid batance of the princtpal sum. If default is made in the
~ payment of any i~stallment when d~e, and such default continues 30 days, then at the'oprion of the holder, and without any ofher notice, all the remsini~g
~ ~~staN~r~ents shall be due and payable at once. Privitege is given to propay ihis ~ote in whole w in part at any time without penslty. NeitF~ forebeara~ce,
~ nw acceptance by the holder thereof after any default i~ any payments hereon, shall be deemed extensio~, A late psymeM chsrge of ~ 8~,20 shsll be
~3 added to each installment remaining ~npaid 7 days afte? its due date, and a like s~m sha(I be added to each such installment remaining unpaid 7 days after
each succeedi~g payment date. -
~
Each maker, surety and endorser I~creof, jointly and severally, waives demand, preuntment protest and notice of protest fa nonpayment, and further
~ agreea to any extens'an of time of payment, eithe~ before w after maturity, wilhout notice to any of us; and to pay alt casts of toltection, 9nclud'+ng a
~ reasonabie attorney's fee in the event of any default lrereunder, and hereby severally waives all benefit of homestead and exemption untler the constitulan
and laws of each State of the United States, as againat this obligation or any eztension w~enewal heieof,
' Witness the hand and ual of esch party.
- _ S/ Armando G. Rodaers ~wU
~ ~
~ csen~~
~ S/ Glenda Ann Rc~dqer;~
~ ~ ~`29 . S$ ~ State Revenue ~u
(5~~x~elkltxuc4c4c~Mbcvole)
NOW, THEREfORE, the MORTGAGOR for fhe purpose of secvring paymeot of said svm of ; snd the perfo?mance of ths
covenanri and ag~eements hereinsfter expressed, and for dive~s good and wlwble cauideraYwna, by t ese prese~b, does grant, baryain, srll, remise,
releax, convey a confirm u~tQ the MORTGAGEE, its sucuuors and auigns, all that certain bt, pieae or putel of land, situate, lying, snd being in ihe
Cwnty of t. Lucie end Sure of fbrids, dasvibed aa folloMrs:
Lot 13 and Lot 14, Block 3, WAGNBR SUBDIVISION, as per Plat thereof
recorded in Plat Book 9, page 74, on file in the Public Records of
St. Lucie County, Rlorida.~.
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; together with all and singulsr the tenements, hereditaments and app~rrtsnces thereunto belonging or in anywise appertainirg thereto, and ~It rents, iuues,
~ prxeeds and profits acuving and to stuue from ssid premises, all of which ue included "en tFro abovs and foreyoing description and habendum.
t
; TO HAVE AND TO HQtD the above described a~?d granted premises unto the said iNORTGACaEE, in successors and ssigns foreva. And ths said
: MORTGtC~.Eor a
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r- hein, executors, sdministrators ~nd asigns, hereby covenants with the said MORTGAGEE, in succeuws ~nd ~ssipm,
~ rhat Y lawfully seized of the iaid premises i~ fee iunple; that tM s+me are frae, ckar •nd discharged from all liens u~d encvrrf
brances in law a in equiry, and thst they will and ~QlI hein shall wsrr~nt and defend the title to the s~me to ths aW
~ MORTGAGEE, its successors and auigrn, forever sgainst the lawful claims and demands of slt perso~q;
PROVIDED, AlWAYS tMt if ?F?e MORiGAGOR shall pay unto the MORTGAGEE the promiuory ~otr hereinbefore described and aMll truly, promptly
and fully perform, diuMrge, execute, compkte, comply with snd abide by each and every the sfipulstions, sgreemenri, condiYwns ~nd covenann of said
promissory note arxl of this Mortgsge, thm this Matgsge and the Estste hereby aeated shall cesse and be null snd void.
IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singvlar a plural snywhero in fhis Mottgape, ahal) be siryula? if one only and
shall be plural jo;ntly snd sevaally if more than one, and that the wwd "their" as used ~nywhere in this AAortgsge shall be t~ken to mean "his;' "hen;'
or "its;' wherever the context so implies w admits. Also, that whereve~ there is a reference in th~ coven+nn and agreemenri herein contsined fo any of
?he parties FKreto, the ssme shall be construed to mean a~ well i~ the heirs, kgsl r~presentatives, ~uccessors snd asigra (eithe~ voluntary by ~cf of 1M
part~es or involuMary by operation of the law) of the same and that the covenanb herein contained sMll bind and fhe be~efib and sdvantspes irwn
to the retpective heKS, kgsl representatives, successors "a+~d sss~gns of the p+rties hereto.
~ And said 1Kortgsgors, for themselves and their heirs, tegal representatives. ~uccessors and suipns, hereby jointly snd severally covansnt +rwl a~rae
~ ro and with the tsid MORiGAGEE, its successors snd auigns:
1. To pay all and singular the prirKipal and interest and the various and sundry sums of money psyable by virtue of said promissory oote, and this
' mortga9e. each ~nd every, promptly on the days rospectively the same sever~lty become d~ee.
2. To psy dl and singutar the u~ces, assessmenti, teviet, lisbilities, obligstions and encumbances of every nature ~nd kind now on said desvi6ed
property, p that heresft~r may be imposed, suffered. Pl~ced, levied, a ~ssessed thereo~, p th~t heresfte~ may bs levied or assesied upo~ this Mort¢
age, a the indebtedness secured F~er~by, each and every, when due ~nd p~yable. +cc«di~g to I~w, befwe they become delinquent. ~nd before a?~y 1ntK~st
artaches or any pentlty i~ intv~~ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALI BE PROMPiIY SATISFIE~ AND DISCHARGED OF
~ RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1ALLY ENDORSED
OR CERTIFIED) SHALL 6E PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIM TEN DAYS NEXi AFTER PAYMENT; snd in the event thst any thereof is not
~ paid, sat"sfied and diuharged ss:d MORTGAGEE may at any time pay the same w any part thereof withovt wsiviny w effettin~ ~ny option, lien, equity a
•~aht w~der o~ by virtue of this mortgsge and the full amou~t of each ~nd every tuch payment shsll be irtwnediately dve and p~yable ~nfl fh~Il b!K 'NItNMt
~ s•om the d~re rhercof umil pa'rd at rate of nine per centum per annvm ~nd topether w~th s~ch in~~r~~ ~~be secured by the lien of th's morybpe.
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