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HomeMy WebLinkAbout1497 2s3QSs THIS INDENTURE, AMd~ th~ Z4th ~y pf Aprl1 ~p. 19 73 Lanny J. Sisson sn~ $ ~ ason Lacie ~~~~p~~'~~' of - St. , Cp~nfy fforida, kK~in~hu daignattd aa Mt "MO~!(!A('sQR;' ~nd FIRST FEOERAI SAVINGS AND IOAN ASSOCI~?ION OF fORT PIERCE, • cwpaaYwn orpanis~d and txu~ieg u~d~r tM laws ol th~ Un~t~d St~t~s of Am~~ica s~d havinp in principal pl~c~ of bu~inps in rh~ City of Fort PiKa. St. l~ci~ County. Florida4 lwr~inaha daipn~~d a tl» "MORiGA~'iEE."`. WNEREAS N+. MORiGAGOR h iwry tnd.br.d ro rh. MORTGAGEE in Nw •um of ~ 1~•9~L~ . yood +nd lewful money of the United ~ S~ates advanced by ths MORTGAGEE unto tF?~ MORTGAGOR, ~s ~videnced by ~ cart~in prow?istiay ~yc,jp of eveo date he~swiih, of wn~ch fol{owinp in o words ~nd fiy~~es is a trw coPY, to-wit: • y~ = 13.900.04 . ~ ~ 10019y55 ~ ~ Fo.r P~e.~.. Fb.;d,. ARrii 2a.. w..~ ~ Fw vatue received, 1, we or cither of us, promfse to pay, without defalca?ion, to the wdar of FIRST FEDERAL SAVINGS ANp LOAN.ASS~CIA21pN Of \ FORT PIERCE at Fon P;eres, Fiwida, tl~s sum of s 13,900•~ w;th interesl from date at ths rate of7 •7r76 per annum, in monthly irutsiM ~ ~ ments u follows: i 11 S~Q~ ~ t~ lOth ~y of -j~1~ , 19 73 and a like swn on ths correspond~np dsy of esch roonth there- ~ after unti) the whole be fully p~id. y Each instaliment first tMll be a lied in pp payment of tFe inferost ~nd then on the unpaid balsnce of the p~incipa! sum. If defauh is msde in tFa V paymenl of any instaUment when due, and such default contin~es 30 days, the~ at the option of ths holde~, and without any other notice, ~II the remaininp ~ inatallmenfs shall be due and payable at once. Privileps is given to prepaY thia note i~ whole or i~ part at ~ny time without penaNy. Neither fortbeatance, ~ nor accephnce by the hoider thereof after any default in a~y payments hereo~, ~tl be deemed extension. A late payment tharge of i 5~75 ahall bs added ro ~ath installment remaining ~npa;d 7 days after iri due date, ~nd s like wm shall be added to each such Inatallment remaining unpaid 7 days affer ~ eath succeedi~g payment date. ' t ~ Each m~ker, surery and endorser hereof, joinfly and sevenlly, waives dema~d, presentment protest and notice of protat for ranpaymenf, and further `1 agrees to ~ny exteosion of time of paymer», cith~~ befo~e or after maturity, without notice to any of ~s; and to pay all costs of collection, includiny • reasonable attorney i fee io the event of any defauh hereunder, snd hereby severally waives all benefit of homestesd snd exemption u~der the constitvt"an ~ and lavvs of each State, of the United States, as against this obligation or a~y extension or renewal hereof. Witness fhe hand and ieal of each party. ~ . ~U _ s/ Lannv J. Sisson ~p ~ cs~?U ; s/ Roseatry Sisson ~v ~ s20.85 ) State Revenue 15bmpa.4oc~lbd.otiari~ioal~wta- . ' NOW, THEREFORE, the MORTGAGOR fc+r the purpos~ of securing psyment of said sum of i 13•9O0•~ ~nd the pe.formsnce of th~ co~en~nts a~d ag~eemenff hereinafter expreued, and for divers good ~nd v~lwbte cor?iiderations, by fhes~ presents, doea grant, ba~pain, sell, remise, ~elease, convey and co~firm umo tM MORTGAGEE, its succeuors snd auign:, all that cc~tain lol, piece or paroel of land, aituate, ly'ug, ~nd being in the ~ $t. Z.I1Cle and St+te of Fbrid~, desuibed as fdbws: Lot 1, Block 4, S0IJTHERN VIEW SUBDIVISION, as per plat thereof on file in Plat Book 9, page 45 of the public recoTrds of St. Lucie County, Florida. STA E oF F1..ORIDA ~ o~ ~ OOCEi~IiENTARY STAMP TAX ~ ' OEPi.OF RE~FM{IF • • i 0 c Pt ••r~tZT7~ ' ~ 2 Q 8 51 RECEIVEO 7 ~ IN PAY~IENT OF TAXES . o ~ 11f02 ~ ~ D!~ OH CLASS'C INTANGIBLF PERSaYaI. PROPERIY~ ' PURSUANT TO C11AriER 71-134. A~'TS OF 1Y1L fD06ER PORRU ~ CLFRIE CIt~CWT QOlIRi~ iT. WCIE 0~ l~J4 rogether with all snd sirgulsr the tenemenn, hereditaments and appurt~nces therevnro txlorginp or Fn areywiie appertaininp thereto, and ~0 ren», issues, ~xeeds and ~ g p profits xuuing snd to sccrue from ssid premises, all of wii~fi ue included in the ~bov~ and foreyoirg descriptan ~nd habendum. i TO HAVE AND TO HOID the above described snd grsoted premises vmo the s~id MORTGAGEE, ib svaessws and ~ssiqro forever. Md- th~ s~id MORTGAGOR fw th2; r heirs, executon, administratws ~nd issigns, hereby covenanri with the said MORTGAGEE, its woces~ors ~nd assipro ~hat - they a re ~awru~~ sei:ed of tl+e said ~ • y premises in fee simple; that the same ue free, cksr and discharyed from all liens and eecurM brances in Isw w in equity, aed thst they W~~~ thei r hein sha11 w~rrsnt ud defend ~tlr titk b the same to ths said MORIGAGEE, iti succeuus and s»igro, fwever ~g~inst the lawful dsims and demands of all personst PROYIDED,- AlWAYS thst if the MORTGAGOR shall p~y ~MO the MORTGAGEE the promiswry note hereinbefote described ~d sMll truly, promptly and fully perfwm, disclarge, execWe, tompkte, comply with ~nd abide by tach and every the stipul~tions, spreemenb, tonditian +nd oovensnts of said promissory note and of this Mortgage, then this Mwtgage and the Estste hereby neated ahsll cease a~d be null and void. IT !S UNDFRSTOOD th~t ti?e word "Mort9agor" whetF~e~ in the singular or plwal ~nywhne in this Mortg~pe, shsll be sinpular if one only and shall be plural jointly and severally if more than one, and thst the word "their" as used anywhtr~ in this Mort9spe shall be t~ken to mean "h'a,•• "hers•• or "its;' wherever the context w implies or admits. Abo, fFMf YVFI!!!VN tI1N! q a flfNMC! I/1 tJl! COVlfMfllt atld i~t!lIMf11f I1lfllfl COlltilflld 10 Yly Of fhe p~rY~es hereto, the ssme shstl ba construed to mean ~s well as the hein, kysl npresentatives, successors a~d ~ugro (eithsr voluntary by ~ct of tM panies or involumsry by oper~tion of the law) of the same and that the covenants herein contair~l shdl bind ~nd the bte~efiH and advanfapp Jrnxe ~ ro the rrspedive he'us, lep~l representatives, successws snd ~ss:yrq of the parties I~ereto. ~ Md said Mwtg~yors, fw themselves and their hein, 1e9s1 rep?esentatives, s~aessors and aui9ro, hereby joiMly ~nd ~everally toveoant ~nd ayrse ~ to and with the said MORTGAGEE, its s~rccessors and assg~s: f 1. To pay all snd sinpvlar the prindp~I snd i~terest and the various snd sundry wms of mwwY paYabk by v+rtue of aaid promis~wy note, and tha ~ mwtgage, eacF~ ind every. WomP?~Y on the days respettively the sam~ sev~rally become due. - I 2. To p~y all snd ulu the taxes. ~s~essments, levies, li~bili~ies, obl' ~tions ud ~ncwnbwnces of ~ s"~fi ~9 erery n~rwe ~nd ki,d now on s+id dewib~d prop~rty, a that hereafter m~y b~ ;mposed, wffe~ed, placed. kvied. o~ auessed thereon, a thaf hereafter may be kvied or erses~ed upun thi~ Mwp. age, a th~ ir~d~btedneu ucu~ed hereby, eacb and every, wMn dw a,+d payable. ~ccordin~ ro taw, befor~ they becarK delinqueot, u~d befon ar?y knaat attathes w any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD 7HE SAM6 SHAII dE VROMPTLY SATISFIEO ANO DISCNARGED OF RECORD AND THE ORIGfNAI OFfICfAI DOCUMENT (SUCH A5, FOR INSTANCF, TME ~AX RECEIPT OR THE SATISFACTION VMER OffICl/1llY ENOORSEp OR CERTIFIE~) SHAII BE PIACED IN THE HANDS Of SAIO MORTGA6EE W11HIN TEN DAYS NEXT AF7ER PAYMENT; uK! in the event tMt arryr theteof is nw paid, sat:sfied ~~d distha~9ed se:d MORTGAGEE may at any rime p~y the same w any part thereof wifho~rt waivirg p alisctirg arty option, lie~n, equity o? ' •~qht under or by vi?tue of this mortyaQe and the fvll amovnt of each and every iuch payment shall bt immediately dut and pay~bk and shall be~r ie?terpl kom ~he date thereof until pa~d ~t rate of nine per cenrum per ann~m and toye~hcr w;~h svch inrNest shal tM lien ot th:• morytp~. bt,'(;X Y,~'t ' ~ s,:s ~ . . ~ _ . ~ . ~ ~ _ v ~