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HomeMy WebLinkAbout1652 25532~ . - THiS INDENTURE. 1Nad~ the 21st ~lay of ~y , A.O. 19_ 73 betwea~ Ronald L.. Courtney and Jacque yn W: ourtney, h s w f e ~ ~ r, of St. Lucie ,.County Ftorid~, IIC~eiMNK dsiiynated u tM "MOR7GAGpR;' ind FIRST FEDERAI SAVINGS AND tOAN ASSpC1ATION OF FORT PIERtE, a cwpwation orqanised and exi~tinp w~d~r tM laws of tM United S~at~s of Ame~iu and Mviny iti principsl plac~ of busintss in tM City of Fon Pi~ru. St. luci~ Covnty, Florida, ha~einafta des'~ynated ~s t1?~ "MORiGAGEE." ~ WHEREAS tM MORTGAGGR is jvitly indebted to ?he MORTGAGEE in the ivm of ~ 32'~Q~-~ , qood ind lawful monay of the United ~ States advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a tertain promiuory rate of even date herewith, of whlth the folJowinQ i~ wordi and f' urai is a true copy, to-wit: ~ i ~ z 32,00~.00 ~ 1-0019$86 F ~ forf Piac~. Florida. ~~I 21 ~9 I~ ~ ` For value received, f, we w either of us, prom~se to pay, withouf defalcation, to Ihe order of FIRST FEDERAL SAVINGS AND IUAN ASSOCIATIOV OF ~ ~ S . i fORT PIERCE af Forf Pierte, Florida, the sum of ~ 32 ~~0' ~ with interest from date al the rate of 7• 7~f, per annum, in mwdhly instal6 ; ` 242.00 lOth Se tember 93 ~nants as follows: = oe~ the day of p , 19 snd a like sum on the cwresponding day of each month there- ~ after votil the whole be fully paid. . 3 ' Each installment fint shall be applied in payment of the interest and then on the unpaid bataace af the principa! sum. If def~ult is rnnde i~? Atis ~ ~ payme~t of any installmenl when due, and such default continues 30 days, then at the option of the holdet, aod without any othcr ootice, aU the remaining . ~nsrallments shall be due a~d payable at once. Privilege is given to {xepay this note in whole or in psrt at any time without penalty. Pieither forebearance, ~ no~ acceptance by the holder thereof after any default ~n any paymems hereon, ahall be deemed extu?sion. A late payment charge of = 12 • 1~ shall be r added to each installment remaining unpaid 7 days after its due date, and s like sum shall be added to esch s~ch instaltment ~emain~ :g unpaid 7 days after each succeedirg payment date. E ~ Each maker, surety and endorser hereof, jointly and severally, waives demand, presentmenf ~ protest and notice of protest fw noopayment, and furthe? agrees to any extension of time of payment, eirher before a afte~ matu~ity, without notice to any of us; and to pay all costs of collection, including e i , reasonable attorney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homestead and exemption under the constitutan ~ and laws of each State of the United States, as against this oblgation w any extension or renewal hereof. ~ ~ Witness the hand and seal of each party. ; ~ s/ Ronald L. Courtney ~Au ~ (Sent) ~ ts~u) s/ Jacquelyn W. Courtnev ~ ( ~ ) Stste Revenue (9a3~t i~6o11~d 3~ E~ipg?i~~~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 32 ~ ~nd the perfo?mance of ths ~ covenanb a~d agreemtnts hereinafter expressed, and fot divers good and valuable considerations, by these presen», does granL barpain, xll, remise, ; release, convey and conf;rm unjo the MORTGAGEE, its successors and assigns, all that cenain lot, piece or pucel of land, situate, lying, and being in the s Counry of St. Lne1e ~ St~te of Flwids, deacribed u follows: ~ Lot 11, Blac k 7, RIVER PARK UNI? ND. 3, as per plat thereof on file in Plat Book 10, Page 80, of the Public Reco:.ds of St. Lucie County, Florida, ~ l i ~ ' ~ ~ ~ ~ . ; ~~j o~ ~ STATE aF ~LORIDA~ j~ pc n= OOCUMENTARY ~ SiA M~ 1 A x~ ~ f-~-~-J` p~~~Y''~~' ~ °c ~ pEPT. OF REVENUE - ~ Q!! ClASS'~ tH1~u~~Lf ~ 19/L ~J j ~ ~Eq 71-134. AC'S ~ ~jf~ ~ ' N = Pl~.'' Mrir2~•i~ s ` , : ~ 8. d ~ pl1~'UANT t0 p~j ~ ~ ~ ~ r c ` ?w ~ _r p.M~l~ J~a ~ . i p VIIPM• w..._- i I ~ i I . E € . ~ i t together with all snd singular tF?e tenements, hereditaments and appurtances thereunto belwging a Fn anywise apperlaining thereM, and all ~enri, issues, proceeds and profits acauing arx! to acuue from said ptemises, all of which are included in the above and foregoing destription snd Mbendum. ; ~ TO HAVE AND TO HOLD the above dewibed and granted premises unto the t~id MORTGAGEE, ib s~ccessors snd ~uiyns fwever. And the aaid i MORTGA fw heirs, executors, sdministratws and auigns, hereby covenants with the said 1MORTGAGEE, it~ wccessors ~nd ~ssipro, . ` that ~~ey a re ~awfu.l seized of the said f ' Y premises in fee simpte: tMt the sama are free, clear ~nd discharyed from s!! lie~s ~nd encum- ~ brances in law or in eq~ity, and thst th@y will and their ~~n M,~rr~nt and defend the title fo tt?e same to the said ~ MORTGAGfE, its succeuors and assgns, fo~ever against the Iswful claims and demands of all penons; PROVlDEO, ALWAYS thst if tF~e MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbeforo described and ~hSU truly, p?omptly a~d fully pe~form, d~xharge, execute, complete, compiy with and sbide by each amd every the stipulations, ~greemenn, condi~iom snd eovenann of sad ~romissuy note and of this Mortgage, then fhis Mwtgsge and the Estste hereby aested shall cease and be null and void. IT IS UNDfQSTOOD that the wwd "Nlortgsga" wF~efi?er in tix singulsr or plural anywhere in this Mo~tgage, ~hstl be singulu if one o~ly ~od shall be plural jointly and aeverally if more than one, aod that the wad "their" ss used anywhere in this Mutgage shall be tafcen to mesn "his;' "hen;' j or "its;' wherever the context so implies a admits. Atso, that wlxrever there a a refe?ence in ti~s covenann and agreemenn Frorein contained to ~ny of the parties hereto, the same shall be construed to mesn as well as tFro heirs, legal represenativet, successors snd sugns (either voluntsry by act of the .t..~ : parties w imoluntsry by opention of the law) of the same and that the covensnb herein contsined shall bind and the benefit~ and advantaQp Irw~e j fo the respectiva heirs, legal representatives, succeuors and au~gns of the psnies hereto. ; And said Mwtgagors, fw themselves snd their heirs, legal represeMatives, succeiwra ~nd auigna, hereby joiMly and severally covenant and aprae ~ !o and with the said MORTGAGEE, its successws and auigns: Q 1. To pay ~II and singular the principal snd interest and the various and sundry wms of ma~ey payabla by virtve of said promissory note, ind this a g mortgsge, exh snd every, p~omptly on ti~e days respectivefy the isme severally become dve. " ; ' 2. To psy all ~nd singvlar tha taxes, sssessments, levies, lisbilities, obliyaY~ons snd encumb~snces of every n~ture and kind now on s~id described ~ ! ~ property, o~ tha~ here+fter msy be imposed, suffered, plated, levied, a suessed thereon, a tMt hereafter may be levied w sssessed upon this Mut¢ a9e, or the indebledneu secured hereby, each and every, when due and pay~ble, suording to law, before they become delinquent, ~nd befwe +ny interest ~ ariaches or any penalty is incurred; AND INSCFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPiIY SATISFIED AND DISCHARGEO OF ~c y RECORO AND THE ORIGIPiAI OFFICIAL DOCUMENi (SUCH /ti5, FOR WSTANCE, THE TAX RfCEIP~ OR THE SATISfACT10N PAPER OFFICIAILY ENDORSED ; ` OR CERIIFIED) SHAII BE PIF.CED IN THE HANDS OF SAID f/~ORTGAGEE WITHtN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is not on~i ~ 4 paid, sat'sfied ~nd diacharged sa:d MORTGAGEE may st a~:y time psy the same w any part thereof withouf waiving w afiecting sny~aption, lien, eqvity oi •~qht under or by virtue of fhis morrgage and rhe full arrounf of each and every such payment shsll be immediately dve and psysbk and shall besr interest ~ <<om r1 e date thereof ~ntil paid at •ate of nine per cent~m per annum and togefher w~th such '~terest shsll be xcured by the lien of th:s morgtaye. I ~ ~ ` : ~ F- y~~a-~ • ~ - ~ . S~~ ~_~n s_> .~e~~ . '