HomeMy WebLinkAbout2340 253634 ~f ~
THIS INDENTURE. N4J~ M~ Z~E~1 ~y of A A.D.Z1973 b~tw~en
C2anditis aabler I,add, torearl~ Qaudine dabler: and ibs g: Ladd,• her hnsband~
of ~r• TAC~ , Cp~~y Flotida, Mr~iryft~r d~sgnated ~t th~ "MORTGAGOR;' ~nd FIRST FECERAI SAVINGS ANO IOAN
ASSOCIATION Of FORT PIERCE, a cwporatan o~yanized and ~xii~inp u~dtr iM Isws of ths U~ited Stat~s of AmKic~ ~nd havinp ib principai ptac~ of
buiin~ss in th~ Ci~y of fort PiKa. St. Luci~ Couory. Florid+. hasinahk desi~oated a~ th~ lAA9Rj ~ E~
WHEREAS iM AAORTGAGOR is justly indebt~d 1o th~ MORTGAGEE in tl+e sum of i >i4 • yood and lawf~l money of fhe United
S~ates adv~nced by tM MORTGAGEE unto the MORTGAGOR, ~s evidenced by a cenain promiuwy note of even date fierewith, oi whkh ths foltowinp in
wadt ~nd figur~s is ~ trw copy, to-wit;
s ~a~+t~s00 10~9751
Fort Pieru. Fluida, At1~1 2~,f 19~
~ for val~s received, 1, we or elther of us, promise to psy, without defalca~ion, to the order of FIRST FEDERAL SAV:NGS AND LOAN ASSOCIATION OF
~ FORT PIE'^_ at Fat Pierte, Fbrida, 1he sum of = 15~~~•~ with interost from date at ths rate of g•~ 96 psr annvm, in ma?thly ir?stall-
~ menn ss follows: 512. on the d+y of J~ 19_..Jl_ snd a like sum on the cwrespondinp day of es~h mONh therr
~ after until the whole be fully paid. , .
~ Eath installment first shaN be applied in payment of the iMe~est snd then on the unpaid bala~ce of the principal wm. If defautf js msde in tM
payment of any installment whe~ due, and such dcfault continucs 30 days, then at the option of the holder, and without ~ny othsr notica, all tM runsin'r.~y
~n:tallmenb shall be due and payabb at once. Privilege is piven to prepay fhis note in whole w in part at any tims without pen~lty. _Neither f' sbear~neo,
~ ~o~ acceptance by the holder tFxreof after any default in any payments hereon, shall be decmed extension. A(ate payment chsrge o/ ~ 6~~ ~II be_
J added to each installment remaining unpaid 7 days after its dus d~te, snd a like sum shall be added to each such installment r~msiniog ~r+paid 7 days afLer
each sutteeding paymem date.
v
Each maker, surety and endwur hereof, jointly snd uveratty, waives dert+and, prezentment protest and notice of protest ier nonpaymaM, ~nd furthK
~ agrees to any extension of tima of payment, either before or after maturity, without ~otice to any of us; and to pay all oosts of collection, inclvding a
reasonable attorney i fee in the event of any default hsreunder, ~nd Mreby severally waives all be~efil o-i homesfead and ezemption under~fhe oanstitWion
~ and laws of each Stare oF the United Statcs, as against this oblipation p any extension or renewal hereof. •
~
~ wirr~es~ the hand and seal of each party.
S/ Qandine aabler Ladd. for~erl~~~
~ and F. aabler ~„u
~ Jaa~e Ladd ~
, c__~~' 3-7 ~ ) Srate Revenve
( f"flbllJ '
~ NOW, THEREFORE, tlx MORTGAGOR fa the purpose of securing payment of said sum of S 15•~~~ ~nd fhe paforn+anos of tl+s
4. covenants and sgreerrKnts hereinafter expreued, and for divers good and valwWe considerations, by the~e presents, does gr~M, bsry~in, se11, remise,
release, convey and confirm unto the MORTGAGEE, in successors and issigns, all that cenain bt, piece or parcel of bnd, sitwte, lyiny, and beinp in tM
County of St. ~C~B and State of F{orida, described ~s follows:
~
T2~e Sarth !t0 teet of Lot and the Nortb 35 fee~ of I~t 5, Block 2, Ti~TII.~UWE SUBDIVISION,
as per glat thereof on file in Plat Book 6, page 2l~, oP the Pnblic Racords of St. Iucis
Caunty, Florida,
STATE ~
o~ ° O~CUMENTARY _.•w.~~ OMP~A }
c'~ DfF1.0i REIIEN11Elf`~~ ,
~ _ = .+wt-a73 = • ' ~ Z ~ I O ! p . ~ iN PAYMEt17 Of 7A~4S
~ P0.~ R~CE1YfD
d- rt~R2 ~ p~ QN CLASS'C IMTAN616LE PERSONAL PHOPERI~
pURSIlANi TO CWIPTER 71-134. 11C~S Of ~971. ~
Q06ER PORRAS
CLERK CIRCUtT t~~, SL UlG1E C0. F111
~
fogether with all snd singular the tenements, hereditaments and sppurt~nces the~eunfo 6elaging or in anywise apperTaininp' thereto, and all ren», hsws.
proceeds and profib xauing ~nd to acvve from uid prcmixs, all of wliKh ue included in the above snd foreyoinp deauiption and h~bendum.
I TO HAVE AND TO FiOtD the ~bove described and gnnted premises u~to the said MpRTGACsEE, ib suaeswn and usgr~ forewr. Md th~ qid
N10RTGAGOR fw ~r hein, execwws, administrators and assigns, hertby covenants with the ssid MORTGAGEE, ita suttessors and astip%
rhat sb8 ~ lawfully se~zed of the said prem~us in fee simple; th~t the ~ame us free, clear s~d dwchsrped fran all Ikm and ancrroa
brances in law or in equity, and tFwt a~ wilt and ~r hein sh+ll warrant ~nd defend the title fo the s~ to tM s+td
MORTGAGEE, its successors and auiqns, forever against the lawful clsims and demands of ap pe?sons; '
PROVIDED, ALWAYS that if the MORTGAGOR sh~ll pay uMO the MORTGAGEE the promisswy note h~veinbefore described ~nd stull truly, promptly
and fully perfam, d~sclWrge, execute, compkte, compfy with snd abide by each and every ths stipulations, apreemenq, ca~ditia~s and covenants of s~id
promissory rare snd of this Mortgage, then thii Mortgage and the Estate hereby aeated tF?all ceas~ and be null ~nd void.
IT IS UNDERSTOOp tMt the word "Mortgspor" whether in ths s~ngular or plural anywF~ere in this Mortyaqe, sh~ll be sirgulu if one only ~nd
shall be plural jointly and severally if mwe than one, snd that the word "their" as vsed anywhere io this JMor~gage shal! bs taken to mean'9w," "hen,"
or "its;' wherever the context so implies w admits. Also, thst wherever there is a refaence in the toven~nri u~d ayreements herein oontained to uiy of
~he parties hereto, the ~ame shall be construed to me~n ~s well ~s the heirs, kgal ra4xesentativd, successon a~d assigro (eitfier volvnt~ry by act of the
parties or involunt~ry by operation of the law) of the same and that the covrnsnts her~in contained ~11 bi~d and the benefib ~nd ~dvsmay~s inw~
~o the respective heirs, legal represenatives, wcceuon u~d ass~gns of the p+rties Mreto.
Md said Matgsgon, fa themselves ~nd ~heir hein, legal represent~tives, suaeuors snd auiyru, hereby jointly and severally cownant and apr~e
ro snd with the said MORTGAGEE, its successors ~nd assigns:
1. To p+y dl and singula~ the principal and interett and the variovs ind sundry svms af moneY paYabl~ by virtw of said promissory note, u~d this
mort9~e, each and every, promptly on the days ~espectively the ssme sevarally becorrw due.
2. To pay dl ~nd s~rgul~r ?M t~xe~, u~essments, levi~s. liabili+ie~, oblig~tions and encvmbr~nces of ~very n~tur~ and kind now on ~aid desuibd
prop~rty, or tMt hareafter maY be ;mpw~l, wffaed, pl~ced, tevied. or ~ssessed ther~on. a thit hereaftei may b~ 1lv;sd or uieased upon tl~is Mor1p.
•pe, w tFK ineleb~edness sscvred hereby, eacb and ~vNy, wh~n due and psyable, auadinp to law. befor~ th~y beca?+~ delinquent. ~rid befa~ any iMK~st
I attathes or any penalfy is incurred; AND iNSOFAR AS ANY THEREOf IS OF RKORD THE SANtE 5?1AlL 6E PROMPTLY SATISFtEO AND DISCHARGED OF
RfCORO AND THE ORIGINAL OfF1C1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE 7AX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENOORSED
; OR CER11iIED) SNALL SE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in tFw ereM thst any tMr~of i~ eol
p~id, sat'sfied and dischsryed ia:d MORTGAGEE m~y at any time psy the same or any pait thereof witla~t wiivinp a~ffactiny ~ny option, li~n, p~iy a
•ipbt under a by vertw of this morryaye and the fult ~mo~m oi each and every ~uch paymtnt shall be imrnediately dus and payabk and sMll beu intMp~
I kpn the date thereof uotil paid at ~ate of nlne per centum per annum and toyether w~th suth inrt~eN aMU ~e~ tM 1' qtpt.
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