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HomeMy WebLinkAbout1628 i~a~a3lbi~i THIS INDENTURE, Mad~ tl~~ and d+r or April ~p. 1973 Isaac Hilter ran and Patr c J: H ter Xa , his wife t. uc e ' of Covnfy Florid~, hereiMftK dttign+ted ~s iM "MORTGAGpR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a cwporation oryanised ~nd exiitinp unda ~M laws of tM Unit~d Sutes of Nm~riu ~nd Mvinp iri principal plac~ of busin~u in fM City of For1 PiKn. St. t~cis Cow+ty. florid~. Mr~inahK des~pna~ed ~s th~ "MO1t6 ~E~ ~ _ WHEREAS tM MORTGAGOR a ~wtiy ind~bt~d to tM MORTGAGEE in the sum of s 1~ good snd lawful moei~y oi the United States advanced by the MORTGAGEE ~nto the MORTGAGOR, as evidenced by a certaln promissory rate of even date herewith, of which tAt follwvinp in f~lb, 30~ur~ a vw coPy, to-w~t: 10019666 ' ~ ~ P~. F~~~ April 2~ 19 73 for value rsteived, 1, we w either of us, promise o without defalcation, to the orde? of FIRST FEOERALq SAVINGS AND IOAN ASSOCIAT~N OF la ~~So.oo FORT PIERCE af Fort Pierce, Flwida, the sumi~ ~ ~ with in~r~~t f~om date at the rate of '75 96 pe? ~~num, in monlhly insull- ments af follOws: = 134.~ on tF+e day of y lq and a like sum o~ the corresp«+d~np day of each month therr afror uMil the whole be fully paid. ~ Each installment (int shall be applied in psyment of the i~terest and then on the unpaid bslsnce of the principal s~m. If default is made in the payment of any installment when due, and such default continues 30 days, then at the option of the holde~, and without any other notice, sll the remaininy f ~nstallments shall be due and payable at once. Privilege is given to prepay this ~ote in whole w in p~rt at any Y~me withou~ pensHy. Neither forebearance, ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of = 6'7O shall be t added ~o each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days afte~ ~ each svtteeding payment date. Each make~, surety and endorser F?ereof, joinNy and severally, waives demand,. presemment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, eitl~er before w after maturity, without notice to any of us; and to pay all casts of mllettion, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all ber~efit of homestead and exemption under the constitution and laws of each State of the United States, as against this obligation or any extension o~ renewal hereof. Witness the hand and seal of each party. cs~~?u a Isaac Hilterbr and ~U . (s~?u s patricia J. Hilterbrand ~ ~ 524.45 ~ State Revenus cstamp.~,c.u.~a+..o~gioal,+ote) 16, 300.00 NOW, THEREFORE, the MORTGAGOR fw tt?e purpose of set~ring payment of said sum of = ,~nd the performsnce of tM covenants and sgreementt hereinafter expreued, and for divers good and vstu~ble considerations, by these presents, does gra~t, barpain, u~l, remise, releau, convey and coniirm unto the MORjGAGEE, in suaessors and auigns, ell that certain b1, piete or partel of Isnd, situate, lying, snd being in the County of St . Luc ie and State of fbrida, dexribed as fdlows: Beginning at the nortMrest corner of Lot 99 of WHITE CITY S[IBDIVISION, ~in Section 5, Township 36 South, Range 40 6ast, as per plat thereof on file In Plat Book 1, at page 23 of the public records of St. Lucie County, Rlorida,. then run east 533.5 feet, then south 150 feet to a point of beginning, then continue south 75 feet, then run east 144 feet, then run north 75 feet, then run west 144 feet to the point of ~ beginning. ; i - - ~AT flF FLOMP~Q ~ ~ p DOCUMEN~A~Y : 5TA . ' ~o DEPT_ 0 R ` - ~ _ ;,~,0.73 ' ' g 4. 4 5 ! ~ ~ • ~ !N MYMEM OF TAXF:i c 'in P.~. ~ ~ DI~ ON QASS ~C' IKTMl618LE PERSOIiAI PR.OPERIY, o= ~t102 PURSIIANT i~ f~iAPTER 71-134. ACTS OF 19)1. R06ER PORRlIS j~~ C L E R K CIRqIR COURT, ST. U1CIE 0p., FlA rogether w~th ~II and singular the tenements, hereditaments snd appurtsnces tFxreumo beluging or in anywise appertaining thereto, and all ren», iasues, proceeds and profits accruing and to scuue from said premises, all of which sre included in the sbove and foregoing dewiption and habendum. . TO HAVE AND TO HQlO the above dewibed snd granted premises unto the s+id MORTGAGEE, its successon +nd assiyes forever. Md tlw s~id MORTGAGOR for thei r ~~n, executws, administrators and auigns, hereby covenanb with the said MORTGAGEE, ifs sutcesson +nd ~ssipro. that they a re ~awfully seized of the ssid premises in fee simple; that the ssme are free, clear and discharQed from ~II 1'iens and encvro- brances in law or in equity, and that they W~T~ a~theiz hein shall warrant and defend the title w the wme to the s+id MORTGAGEE, iri s~ccessors and suigns, fwever against the Iawful claims snd demands of all penan; PROVIDED, ALWAYS thst if the MORTGAGOR shall psy unro the MORTGAGEE the promissay note hereinbefore dsscribed ud sh~ll truly, promptly and fully perform, dixharge, execute, compkte, comply with and abide by each and every the stipulatio~s, sgrcemenb, conditioro ~~d covensn» of s~id ~ promissory note ~nd of this Mortgage, then this Mortgsge and tF~e Estate hereby ueated shall cesse snd be nv~l +nd void• j ~ IT IS UNDERSTOOD that the wwd "Mortgsgw" whethr in the s~ngular or plural anywhere in this Mwtgsge, sh+ll be sinputar if one only ~nd ; ~ ihall be plural jointly snd severally if more than one, snd that the word "their" as used anywhere in this Nlwtgage shsll be t~ken ro mesn "his," "hen," ~ ~ or "its;' wherever the context w implies w admits. Also, that wherever there is a refcrence in the covenints ~nd apreemenri herein oonfsined to any of the psrties hereto, the same ~hall be construed to mesn as well ~s the heiri, legal rtptesenUtives, wccessws and suigr~s (either voluntary by ~ct of th~ ` parties a invduntsry by opention of the law) of the same and that the covenamt herein contained shall bind •nd ~he benefin a~d advma~es inur• ~ ro the respective he'as, legal representatives, auccessors snd ass~gns of the parties hereto. And taid Mwtgagors, fa themselves snd their hein, legal rep?ese~utiva, successors and suigro, hereby jointly ~nd severally cove~ant and ayree ro and with the a7d MORTGAGEE, its successors and ~uigns: ~ 1. To p+y all ~nd sinpul~r the p~intip~l and interest and the vsriovs and sundry wms of money payable by virtue of said promissory note, and this ~ monyspe, each ~nd every, p~omptlY on the d~ys respectively the s~me severally becane d~e. 2. To pay all u+d sirgulu the tsxes, sssessment~, kvies, li~b~lit~es, obligatio~s and ee~c~?mbrances of every n~wre and kind now o~ ~aid described Property, or tMt he~eaher may b~ impwed, wffered, pl+ud, kvied, or +ssessed thaeon, w that hereafter msy be levied or ~ueswd ~?poe this MortQ- age, or t!w indebtedness secured hereby, exh ~nd every, when due and payable, ~ccwdirg to t~w, befw~ they become dslinquent, and b~fwe ury intaest artaches or any pe~alty is incurred; ANO INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHALI 6E PROMPTIY SATISfIEO AND DISCHARGfD OF RECORD ANO THE ORIGINAI OffICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfICIALIY ENDORSED ~ OR CERTIf1ED) SHAU SE PlACEO IN-THE HANDS Of SAID MORTGAGEE WITHIN TEN bAYS NEXT AfTER PAYMENT; and in the event tMt any tlxreof is not paid, saYSfied and diuhar9ed ~s:d N(WRTGAGEE may at any time pay the same w ~ny part the~eof without waivirg a affectinQ ~ny oplion. IiM, equity a .tqht under w by virtue of this mor~gage ar?d ~he full amount of e+ch ~nd every such payment shall be immedi~tely dve and p~y~ble and sMll bear intaes~ ~•om the dat~ thsreof until paid at rate of n'a+e per «ntum per annum and to~ether w~th suth inttrest shall,btseyr(~~y the I~~~~ Qtap~ $DCJX ~v 3 Pacr ~ ~ j~~.:v.. r ~ ~ ~ - t~