HomeMy WebLinkAbout1202 25~U32 ~
THIS INOENTURE. IM~d~ th~ ~~th day of ~y ~ A.O. 19_: Mtw~+n '
8ric A. Lindsay and L nda A. Lindasy, his wiiQ
of St. LUCiQ Co~nty Fbrida, Mriu?~ft~r dt~e?~ted ss tM "N?ORTCsAGOR;' ~nd FIRST FEDERAL SAVINGS ANO IOAN
ASSOCIATION Of FORT PIERCE. a oaporation or9sniz~d ~nd ~xwtinp w~dK 1M I~wa of iM U~ifd SNt~s of MNrka ~nd Mvtnp iri principai plac~ of
bu~u M tM City of FoA Pi~rce, St. tuti~ Cou~ry, FbrWa, M~einafttt daipnatd q tM "MORTGAGEE."
WHEREAS tM MORTGAGOR it ~tfy indsbted to th~ MORTGAGEE in th~ sum of ; 28 s~4 , 9ood +nd I~wfvl money oi tM United
States sdw~ced by the MORTGAGEE unto the A10RTGAGOR, as evideoced by a cert~in promiuory note of evee? date herewith, of whtch the foibwirp lo
wads and fig~rq it a trw copy, to-wit:
= 28 ~ 90~ • 00 , r,~p_ 10019~~ .
Fwt Pi~?u. Florid+. May l~ 19 73
Fo~ valvs reteived, 1, we or ~ither of vs, promise to pay, without defakation, to ths orde~ of FIRST FE~ERAL SAVINGS ANd IOAN ASSOCIA7IGN OF
FORT PIERCE at forf Pierce, florida, the sum of = 28~~0•O0 w;th ;nttrresl from date st ths nte of7•7596 pe? annum, in monthiy insfail-
ments as follows: s 219•~- cn the 10th day of ~pte'ber , 19 73 ~nd a like sum oo the correipondiny day of esch month there-
after vntil ths whole be fully paid.
E~ch instaltment first shaii ba applied in payme~t of ths inte~esl and then on 1Ae unpaid bal~nce of the princ~p~l wm. If defavlt h msde h th~
payrrKM of any installment when dus, uid such default continues 3p dsys, thee~ ~I the opYwo of ths holde:, and without any o?het notice, all tl+e remaining
installmenb sFull be due arid payable at ooce. Privileye is given to prep~y this note in whole or in pirf at any time witlw~t penalty. Neither forebtar~~os,
nor uc~ptance by ths Falder the~eof after any defsuit in any payme~ts hereo~, ~11 be deemed extension. A late paymcnt chsrge of = ~0 • 9 Shall be
added to each installmeM remaining w?paid 7 days aftet ib dw da1e, ~nd • like sum shall be added to each such installment ra+naining unpaid 7 days after
each wcceeding payment date.
Each maker, surety and e~dwse~ F~eoi, jointly and severally, waives demand, preuntmenr protest and rwt;ce of protest for nonpayment, and futther
agrees ro any extension of time of payment, eitF+er befo~e or after maturiry, without notice to sny of us; and to pay all costs of mllection, includiny •
reasonsbk attorney's fee in the event of any default hereunder, snd h•reby scverally waives alt benefit of homestesd and exemption unde~ the constitution
and iaws of e~ch Sate of the United Statet, as against this obligation a any extension a renewsl heraof.
wcr~ rne na~,d ~,~d ~i of each party. g~ gric A. I.indsay
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NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of sa'+d sum of = 28 ~ 9~ , ~ed ths performsnce of ths
coven~nts snd s~reements hereinafter e:preued. ~nd for diver: good and valwble consideralions, by thess presenb, does grsnt, bary~in, sell, remiss.
release, convey and confirm ~nto tF?Q MORTGAGEE, its successors and ~uigns, all thst te~tain bt, p'NOt p pucel of.land, sitwf~, lyin~, snd beinp in ths
~ S't . Luc ie end Sate of Fbrida, desaibed u fdlows:
Lot 18, Block 55, LAI~WOOD PARK [NIT NO. 5, as per plat thereof on tile
in Plat Book 11, Page 5, ot the Public Records ot St. Lucie County,
F2orida, .
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RE(~IYFp G IN PAYMENT OF TAXFS
DUE d!1 CIASS'C ItITANGIBIE PE?"~i't.",L PROPERt~
~ pURSUA!(i TO CFIIIP'TER 71-I3~, ACTS Of lYll.
j Aoc~u ronw~s ~
ClFRI( CIRqIIT OOURT~ ST. UlC1E 00, F1~
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~ togethcr with sll and singulsr the tenements, hereditaments and ippurtarxes thereunto belaginy or in anywise ~ppertsining therew, and a0 renri, issues,
E prxeeds and profits scuuing snd to scuue from said prcmises, all of w1iKt? are included in the ~bov~ and foregoitg desaipYan ~nd habendum.
~ TO HAVE AND TO HOID the ~bove described snd graMed premises unto tF+e said NWRTGAGEE, its waeswrs and usip~s forewr. Md th~ said
~ their
MORTGAGOR for - heirs, execvton, administraton arul suigns, Ixreby covensnfs with the s~id MORTGAGEE, its suctesson snd astipnt,
rhat they ,~rg ~awfully seized of the said premises in fee simpte; that th~ same ~ro fr~e, ckar and discha~ped from ill Ikns u~d enc~nr
~ brances in law or in equity, and thst thev will and the~ hein shsll wursnt ud defend the titk to the qme to Mw s~id
MORTGAGEE, its tuctessors and augns, forever apsinst the lawfu) d~ims snd demsr?ds of all psrwrq;
PROVIDED, AlWAYS that if the MORTGACaOR shsll pay unro the MORTGAGEE the promiswry note hereinbefor~ desc~ibsd ~~d sFull truly, promptly
and fully perfum, dixharge, execute, compkte, comply with snd abide by esch and every the stipubtions, aQ~eemenri, cond'niais ~nd cwenanb of said
' promissory nots snd of th;s Mortgage, thm this Mortqage snd tF?e Estste hereby veated shall cease and be null and void.
~ IT IS UNDERSTOOD that the word "Mortgsgor" whethe? in tha singular ot plural anywMre in this lNortg~ye, sh~ll be sfrg~l~r if one only u~d
; shall be plvral jointly and severafly if more th~n one, s~d that the word "their" ~s used anywhere in Mis lNortgage shal) be taken fo mean '1?a,•• •'hsn,'• ~
! or "its;' wherever the context so implies w adm;n. Also, that wherever there is • reference i~ tFn covenann and syreemenq herein contiuied to any of
! the parties hereto, the ~ame shsll be constrved to mean sa well ss the hein, kyal r~p?esent~tivp, ~ison and ~uigro (eithe~ volvmuy by ~ct of the ~
~ parties or involuntsry by operstion of the law) of the same and thsf the covenants herein cont~ined ahall bind and tM benefib and ~dv~nt~Qn inwf Ti
to the respective hein, leg~l representatives, successors and au?gro of ths puties heteto.
~ Md ssid Nbrtyagors, fw themulves and their hein, legal representatives, successon and ~ii~pm, hereby joimly and severally toven~nt +nd apree
; to and with the said MORTGAGEE, itt iucceswts ~nd assipns:
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i 1. To pay atl snd singutu the principal ~nd inrerest u~d the wrious and wndry sums of mor~ey paYable by virtw of said promiswry note. ~~d tids
i n+ort9+9e, each and every, p~amptly on the days respectively tF+e s+me severally becomt due.
2. To psy all and singvla the taxes. auessmenri, levies, liabilitie~, obliy~tioM and ~ncumbr~nces of avery n~wre snd kind raw on s+id deiuibd
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~ prc>perry, a that hereafr~r may be impo~ed, suffereA. Placed, kvied, w~ssessed tberaon. a that i~saha may be levied or as~ess~d vpon this Mert~. ~
age, or ths indebtedness seevred hereby, each and every, when due ~nd paysble, aocordirg ro law, before they becomt dtlinQuent, and btfw~ ~ny intaat °tG ~
~ anathes w any penalty is irKUrred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAIIAE SHA[l BE PRON{YTLY SATtSFIED AND DISCHARGED Of .f
~ RfCORD AND THE ORIGINAL OfFIC1Ai OOCUMFNT (SUCH AS, fOR INSiANCE, THE TAX RKEIPT OR THE SATISfAC710N PAPER OFFtCIAILY ENDORSEO ~
! OR CERiIF1ED) SHALL 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; u~d in the ~vtnt that ~ny tf~ereof is nol ~
~ paid, s~t:sfied and dixharged sa:d MORtGAGEE may at any time pay the ssme or any psrt thereoi withwt waivir?p or ~ffectinp any opYan, I'~en, eq~rity p
E •~qht under o. by virtue of this morig~ge and the full ~mw,m of e+ch and every wch payment sh~ll be irrwnediately dve and paysbl~ and shall btar intK~s~
i ~.om the date thereof until paid at rate of ~i~e per cent~m pcr ~nn~rn and toqether with suth interqt shatl be secvred by the lien of rh:s morQtapt,
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