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HomeMy WebLinkAbout1451 ti~~iv~ THIS INDENTURE, Mad~ tl~~e ilth d+y of ~y A.D. 19 73 Mtw~e~ S S P. Inc,~ a Rlorida CoYporation i of • WCi@ ~~p~nty Fbrid~. Mrtin~ftN deign~?ed tM "MORTGAGOR," and fIRSi FEOERAI SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE, a oorporation orou?ized ar~d ~xutinp undK 1he (aws of tM Unit~d Stat~s of Mxric~ and Fuvirq ih principal pl+ce of i busin~u in tM City of FoA Pieru, St. l~ci~ County. Fluida, h~r~inah~~ desiqnat~d a tM "MORTGIIGEE:' • ~ 27 ~ 8~0. 00 and lawful money of the United i WHEREAS tM MORTGAGOR is j~stly i~bt~d ro th~ MORTGAGEE in tM sum of = 90~ ~ Statet advsnted by the MORTGAGEE unto tM MORTGAGOR, as ~vidented by ~«rtain promiuory note of ewn date herewith, of wh;th tM followinp io wads ~nd fiyures is a trw copy. to-wit: =~~,8~.~ r,~, 10019853 i Fort Pierce. Florid+. ~Y 11 19 73 ~ fa v~lue received, 1, we w eithe~ of vs, promise to pay, without defatca~ion, to the wder of FtRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIERCE af forf Pierce, Florids, the sum of S 27 iBOO• with interest from date at the rate of 8• ~ 96 p~ ann~m, in monthly install- ~ meNS as follows: Z 233•~ on the 1OL~Y of Septenber ~9 73 and a liks ium on the correspond~ng day of esch month therr • ~ afier until the whole be fully paid. ' ~ 3 Each inaullment first shall be applied in payment of the interest and tlxn on the unpaid balance of the p?indpal wm. If default is msd~ in ths ~ paymcnt of ~ny irotallmeM when due, and suth default continues 30 days, then at the option of the holder, and without any othe~ notice, all the rem~ining : ~r,srallmenb shall be due and payabb at once. Privilege is give~ to p?epay this note in whole or in part at any time without penalty. Neither forebearance, ; 11 65 ' nor aaeptsoo~.by-the holds~ tixreof after any default in anY paYments hereon, ahsll be deemed extension. A late payment charge of ~ • shaU bt ~ addcd to ea .intteltment'rerp~ining u~paid 7 days aher iri due date, and s like sum shall be added to each such inatallment remaining vop~id 7 days aftet each .succee~~ig.'pay~*en~~dste. ~ [ath m~kM'stmDtp.~nd endorser hereof, jointly and severally, waives demand, presentme~t protest and notice of protest for nonpayment, and further ? agrees~to any'exfen~'pn of•tirhe of paymtnt, either before w after maturity, without notice to any of us; snd to pay sll costs of collectioo, includinp a reasawblr att6rney.s•fee in~1F~e event of any default hereunder, and hereby sevenlly waives a~l benefit of homestesd and exemptio~ under the constitutan and I~wi of~dacli State~p~'tl~s United Siates. ss against this obligation or any extension w renewal hereof. ~ S. S. P., Inc. - W~tne~the M~d a~d s~y~-eE each Parry Pre ide i ' ia BY: S aas P. = ~ -a . A2TES . r' R Bau~an cre ~ ~ asu~ : J` , ~ ~ ~ 1'•~.i1FiA+~""'~` ReV~nue . ~wM NOW, 1HEREfORE, the MORTGAGOR for the p~rpose of tecvring p~yment of ssid sum of = 27 ~BO~ , and ths perform~nce of tM coven~nts sr~d a9reements hereinafter expressed, and fo~ divers good snd vslusbk considaations, by. thtst preients, does grant, b~ryain, sell, remise, release, convey and confirm unto tFx MORTGAGEE, its wccessors and auigns, all fhat certain lof, piece o~ partel of land, sitvate, lying, and beirg in ths County of SL. Lt1C1@_ _ and State of Fbrids, dewibed as follows: I.ot 33 and the West 20 feet of ~.ot 32, Block l, WAGNER SUBDIVISION, as per plat thereof on file in Plat Book 9, page 74, of the Public Records of St. Lucie County, Florida, , ~ ~ ~ . ; _ 5~.. ~ ~ ~ I s ~ ~ ~ C' U i ~ g~ a bOCVMENE RY ~ORtD,q I Due o~~ . ~~EM oF TAxES i 3 -~.c H DE~i. OF REY E M11E TAM P l A X' 4ASS C INTAN~IBLE P 9 PSUANT TO C!1ApTER 71-134, P~~~~ f ` ' ACTS Of 1g)1, ~ :~w ~ ' p` ~ 14r2'a'7~ . ~ ~ ~ ~ ~ RO(:fR ~IT4AS J~/~ ~ o ~ IU92 ~ 0, -LERY SiF;!:(11T ~.(~ir'~i. '•1. _ ~•'If IM f/ ~ ~ ~ ~ 1 . F ~ t - ~ i together with all and singulsr the te~ements, hereditsments a~d appurt+nces thereunto belongi~g or in ~nywise appertsioirg thereto, and all renn, iuues, proceeds and profits acvuing snd to accrue from said premises, all of wFiKh ue included in the above and fore~oirg descriptan a~d habendum. • i TO HAVE AND TO HOID the above described ~nd granted premises umo the said MORTGAGEE, its suaesson and +ssigns forever. Md tM s+id } MORTGAGQR for 5 hein, executws, administraton and assign~, hereby covenanb with fhe s~id MORTGAGEE, its sutcessors +nd ss~r~. t rhat It 1S lawfully xized of tFx said premises in fee simple; thst the s+me ue free, ckar and dischuged from sll liens and encvm~ brances in law a in eq~ity, and that lt wi11 and lt5 hein sMll wsrrant and defend the title fo the wme to tM s+id MORTGAGEE, its successors and suigns, forever againsf the lawful claims and demsnds of all persom; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE 1he promissory note heteinbefore described snd shall truly, promptly a~d fully perfwm, dischsrge, exec~te, comptete, comply with and abide by esch and every the stipulations, agreemenb, conditio~s and ooven+nb of said ~ ~ promissory note and of this 1Nortgsge, then this Mwtgsge snd the Esqte hereby veated shall ce~s~ and be null and void. IT IS UNDERSTOOD thst the word "Nbrtgsgor" whdher in the singular w pl~rsl snywhere in this AI{wtgspe, shall be sinpular if one only and ~ shall be plural jointly and sever~lly if more than one, snd that the word "their" ss u~ed ~nywhere in this Mwtgage shall be t~ken to mean "his," "hen," ~ ~ ar "its;' wlxrever the context w implies o~ admits. Abo, that wherever there is s refNenc~ in ths covenanta ~nd ayreements herein oontsined to any of ~ the parties hereto, the same shall be cautrued to meu~ ss well as the hein, kyal rep?esentatives, sutcessws and suigro (either voluMary by act of th~ parties or involuntary by operaYan of the bw) of the same a~d thst the covenanri herein contained slul) bind ~nd the benefits and advaMapts (nur~ ro the respective he'at, kgal representatives, wccessors a~d su~gns of the psrties hereto. And ssid Mwtgsgort, for themselves and their hein, legal reprexntatives, successors ~nd aui9r?s, F?ereby jointly ~nd severally toven~nf ~~d apree ~ ~ 2o and with the said MORTGAGEE, its successors and assgns: ~ 1. To psy all and singulu the princip~l +nd iMerest and the various and sundry sums of rtwney payable by virtue of said promissory ~ote, snd thu ~ mortgsge, ~ach snd every, promptly a+ the dsys respectively the ssme severally become due. ~p . 2. To pay all and singulsr tF?e tsxes, aisessme~ts, levies, liabilities, obliyaYans and encumb~snces of every nature and kind now on said described p~ property, a that hereafte~ may be impo~ed, wffered. Plxed, levied, or assessed thereon, or that here+fta may be kvied a assessed upon this Mort¢ ~ age, a ths indebtednest sen?red hereby, e+ch and every, when due and paysbk, saordirg to Iaw, befwe they become d~iinque~t, and befor~ ~rqt intaest = at~aches a any penslty is inc~rred; ANO INSOfAR AS ANY 1HEREOF IS OF RKOR~ THE SAME SHAII BE PROMPTIY SATISf1E0 AND OISCHARGED OF f RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPt OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~ OR CERTIf1ED) SHAtI BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT /1fTER PAYMENT; s~d in the event that ~ny tlxreof is ~ot } paid, sat"sFied snd distharged sa:d MORTGAG~E may at any time pay the ssme or any paA tFxreof without waiving w affettinp my option, lie~, eq~iry w ; .iqht under w by virtue of this mortg~ge snd the full amount of esch snd everyl such payment sh~ll be immediately due and pay+ble and shsll blar inte~at ? ~~om the date thereof until psid at rate of nine per centum per annum ~nd togelF~er with fuch interest sh~l) be secured by the lien of th:s morgtye. } ~ . ~ s - " ~t~. ~ ~ ~ - ~ ~ T~ .N~ ~ .