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HomeMy WebLinkAbout2037 xom. f FEl ~ ~~~I~.7 THIS INpENTURE, Ma~ the 2~th d+y of April - A.D. 1973~ bNwNn . James M. Corbett and Paulette A. Corbett his wife - of St . Lucie ~a,,,~, Fia;d,, Fw~~~~yftK desig~++t~d ~s th~ "MORTGAGOR;' and FIRST fEDERAI SAYINGS AND IOAN ~ ASSOCIATION OF fORT PIERCE, ~ oapaation or~~ni:ed u?d ~xiitinp undN tM lava of th~ U~it~d StatH of Mn~riu and Mvinp ib ptincipal pl~c~ of ~ buiin~ss In tM City of foA PiKU. 5t. tuci~ Cov~ty. fbrid~. her~in+fttr deiipnated as th~ "MORTGAGEE.' WHEREAS tM MORTGAGOR is jwtly ind~bqd ro th~ MORTGAGEE ie tht wm of ~~7 ~ ~oa! and lawful ~na+~y of the U~ited ~ Stetes advanced by ths MORTGAGEE w+~o tM MORTGAGOR, ai evidenced by • cmtain promissory oote of even dat~ herewith, of which the followinp i~? words u~d f' urss is + trw copy, to-wit: ' z 17 ~ ~(~O . ~0 No 11~00047 P~.,«. Fia~a,. Apri 1 20 1973 ~ For value received. 1, we a either of us, prom~se to p+y, without defalcation, to the order of FIRST FEDERAL SAVINGSr~ AND IOAN ASSOCIATION OF ~ FORT PIERCE at Fai Piarce, Fbrida, the sum of s 17 • 00~• w;th interest from date at the rate of 7'~% pe* annum, in monthly install- ~ ments as follows: = 140. on the l~thday of June ~q 73 and s like ium on the cwrespond~np day of each month ~her~- ~ after until the whole be fully paid. . + Each installmee?t first shall be applied in payment of ths interest and then on the unpaid bal~oce of the principal wm. If default ~ made in tlq ' payment of any ins?allment when due, a~d such default continue~ 30 days, then at the option of the holder, and witlwut any othet no!:ce, al) the rem~ininp 1 ~nstallments shall be due and payable at once. Privilege is given to prepaY this note in whole or in p~rt at any time without penalty. Ne11heL~prebeara~te, , i nor acceptance by the holder thereof after any default in snY paYments heroon, shall be deemed extension. A late p~y~+eM cMrge oi _ shall La ~ aaded to each installrrKnt remaining unpaid 7 days after ib due date, snd a tike sum shall be added to each such insts~lment rsmaining unp~id T dayt aNor each s~cteedirg payment dste. i ~ Esch make?, s~rety and endaser hereof, jointly and seve~ally, w~ives demsnd, presentment protest and notice of protest fw non~ayment, srrl further ~ ~ agrees fo any extension of time of payment, either before w after m~turity, without notice to any of us; and fo pay all costs of colietdion, includirg 'v.Y reasonable attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemptio~ ur?dFw the conititWion ' a~d laws of each State of the United States, as against this obtigation w any extmiron w renewal hereof. ~ Witness the hand and seal of each party. ~ S/ James M. Corbett ~ tsewq S/ Paulette A. Corbett ~ ~ ~ ~25 . S~ Stafe Reven~e ` x x - NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of = 17 • 0~ . and the P~rfam+^ce of fhs covenanb and agreements hereinafter expreued, and fw divers good and valwble consideratio~s, by these preients, does grant, bargain, tell, remiie, release, convey and confirm umo the MORiGAGEE, in succeuors ~nd suigns, sll that cert~in bt, piece or pucel of land, situate, lyirg, and beirg tn the ; St . 1.UC1@ and State of florid~, dexribed as fdlows: ~ Counry of ~ Lot 7, Block 15, SUNRISE fiSTEiTfiS, as~ per Plat thereof recorded in Plat ~ E Book 8, page 75, Public Records of Saint Lucie County, Florida. _ ; ~ i ~ ~ 3 ~ R~p~ j ~ oF ~ M~ t - ~ A I', c~+ R.,,~~ ~ : ; ST ENi~ . - ; i ~Y p0 Di REVEM~ ~ 5, ~ a ~ . ~ ~ + DEP • = .ri~ . . • ~ ~ % IN P~~ ~ j~ . ~ ~ ~ ~ECEIVEU ,C qftN~Gt~ ~ ~ 1ypR/ L ~ ` ~ p OUE ~H ~O ~µ~p1ER 71-134. ~ . pURSIW~ RpG~T~S rp, 41.~ ~ e s` . ~ rogether with all snd sing~la? ths tenements, he?editaments snd +ppurtsrxes thereunto belongirg or in snywise appertaining therefo. ~nd all rents, iuues, # proceeds ~nd profin scuuing snd to acuue from said premises, all of which are included in the ~bovs and foregoing descripYan and habendum- TO HAVE ANO Q, HQLD the above described snd g~anted premises unto the s~id MORTCaAGEE, iri svaesson and assgns (orev~r• Md ths s+id ; ~ MORT GOR for ~.`•elr_ ~;?s, executors, administrstors ~nd suigns, hereby covcnsnri with the said MORTGAGEE, iri waessors ~nd sssipro. ~ ~ ~~ey are ~ that lawfully seized of the ssid premises in fee simple; tFNt the asme +re free, ckar snd dischar9ed from all lieru and anc~m- ~ brances in law or in equity, and that thev Mri1~ and their hein shsll wsrrant and defend the titl~ to the sams to t!~ said ~ MORTGAGEE, iq succeubrs and auigns, fwever against the Iawful claims and demands of +II perwns; ~ ~ PROVIDED, ALWAYS that if the MORTGAGOR sh~il psy unto the N10RTGAGEE the p?ariiuay note hereinbefore described and shall truly, promptly ~ ' and fully perfwm, dixharge, execute, complete, comply with ard ab7de by each snd every the stipvlstions, a9reemenn, conditaro and tovenu?fs of said ~ ~ promissory ~ote and of this Mortg~ge, then this Mortgage and the Estate hereby ueated ahall cease and be null and roid. . ; ~ IT IS UN~ERSTOOD tMt the wwd °Mortgagor" whether in the s7ngubr w plwal anywher~ in this Mortgsge, sh~ll be sirgulsr if one only and M' ~ shall be plurel jointly and severally if more thsn one. ~nd thst the word "their" ss used snywhere in this Mwt~+se sMll be t~ken to mean •'his,•• •'hen•• ~ or "ib;' wherever the contezt w implies or admits. Also, thst wherever there is a reference in tM coven+~b and pr~emenb herein oootained to ~ny of rhe pa.ties heroto, the same shill be construed to mea~ ~s well ss the heirs, leysf represeM~tives, successws and sssigr?s (either volunbry by act of the parties or involuntary by operatan of tlx law) of the same and thst the covenants herein contai~ed ihsll bind and the benefin and adv+ntages inw~ _ ro the respective he'ws, kgsl represenutives, wcceison and su~yra of eF~e psrties hereto. ~ i~ And said Mortgsgors, for themselves and tFxir ixin, legal representatives, succeuors +e~d aasi9ns, hereby jointly and ieverally coveMnt and ~yree ~yr~ : n - ~o and with the ssid MORTGAGEE, its s~xcesson ~nd suigrn: b?` ; 1. To p+y alt and sinpul~r the princip~l snd interest snd the vario~rs snd tundry wmi of mooey psyable by virtue of s+id promiuwy note, ~rd this 4 ~ mortgsye, esch and every, promPtly on the days respectively ihe sune severally become due. ~ 2. To pay all and sirg~lar the taxes, asseasmenb, lev'~, liabilities, obligatiaa and encumbances of svcry natw~ ~nd k'r+d now on ~aid d~suibd Q~ 3 properfy, a tMt hereafter may bt imposed, wffered, plated, kvied, o~ ~usst~d lhereon, ot that hereafte~ m~y bt levied a W~essed ~pon fhis 1MortQ- age, w tM indebtedneu secured hereby. ~ach and ~very, when due and payabl~, xcwdirg to law, befa~ thty becomt delinqve~t, and befwe a~y imenst ~ artaches or any penalty is incwred; AND INSOFAR AS ANY THEREOf IS OF RKORO 7HE SAME SHAII 8E PROMPiIY SATISFIED AN~ OISCHARGED OF REtORD AND THE ORIGINAL OFFICIAL OOCUMENT (SUCH AS, FOR INSTAtVCE, THE TAX RECEIPT OR THE 511TISFAC710N ~APER OFfIC1ALLY ENDORSED OR CERTIFIE~) SHAII 8E PIACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; ~~d in the evem.that ~ny thereof ls no1 paid, sa~'ified and d.isch~ryed is;d MORTGAGEE may at any time pay the same a any pa~t thereof witFa~t w~ivin9 a affecfirp ae?y optio~. Iwn, puity or •~9ht under w by virtue of this mo?~yaye and the full amount of exh ~nd every wch psymcnt ~hall be immediately dw and payabk and shall bw intM~p ~rem rlx date thereof until paid at rate of nine per centvm per annum ~r+d to~Nher with wth inrereft shall be secured by th~ liee~ of tl~:t morqta~t. . ~ x ~ 3 " s "5 - Ty 1 ~ ~L:~