HomeMy WebLinkAbout0091 25~0~52 ~
THIS INDENTURE, Made 1M Sth day of `'~~e ` ~ A.O. 19 73 betw~en
O. C. Thospson and Lucill• Thoapsan. his wife
~f $t• j.UC~• Cpi~ty fiwid~, Mf~IMfiH d~signated ~s tt+Q "MORTGAGOR;' and FIRST FE~ERAI SAVINGS AND LQAN
ASSpC1/?TION OF FORT PIERCE, ~ cwpaation wQ~nized usd existiny unda tho lav?z of ths Un~t~d SNtas of /lmerita ~nd havinp its principa) plau of
busir»u in t!N City ot lort PiKCS, St. Lucie Gounty, Flor~da, he~~i+~aHN dssipnated e~ the "MORiGAGEE:'
WHEREAS the MORTGAGOR is 'ust indebted to tht MOR~GAGEE in the ium of 2~BOO~ OO ~ ;
~ ly , good and law ul mt.~+ey of the United
States ~dvanced by ths MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promiuory note of sven dafe herewith, of wh~ch the fo~lowinp in
wordi and figures is a?rus copY. to-wit: 10019946 f
t~to
fort Pierc~, Florida. .1tiA! S ~q'~3
For val~re received, 1, we w e~ther of us, prom~se to psy, without defalcatia+, to the order of fIRST fEOERAI SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fort Pierce, Florida, the sum of j 12~8~~~ with interest from date at the r~te of8~0 96 pet annum, in monthly instail-
menu ~s follows: f x~`~ oo the i~h day of `T~ly , 1973 and a like sum on the correspondinp dsy oi each month therr
after until the whote be fully paid.
Eath installmenf first shall be applied in payment of the inteaest and then on the unpaid balance of the printipal sum. If default is msds in the
payment of any installment when due, and iuch default continues 30 days, then st the optan of the holde?, and without sny otfier notice, all the rem~ini~g
~nstallments shall be due and payable at once. Privilege is given to prepay this note in wi~ote or fn part at sny time witlw~rt pen+lty. Neithe? faebeuante, ~
no~ atteptance by ~he hofde~ thereof after any deFault in any payrr~nts hereon, shall be deemed extension. A late payment charge of =5~40 shall be '
added to each installment remainirg unpaid 7 days after its due date, and a like wm sha~l be added to each such installment remaining u~paid 7 days ~f1er
each succeeding payment date. ;
EacF~ maker, surety and endwser hereof, joinrly and severslty, waives demand, presentment protest and notice of protest fw nonpayment, and furtF?e~ !
ag~ees to sny exteniwn of time of payment, either before or after matu?iry, without notice to any of us; and to pay ail co~ts of collection, includ;rq a 1
reasonabte attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exempt;on under tMe co~+stitutan
and laws of each State of the United Ststrs, as a9ainst this pbligatio~ w any exttnsio~ w reoewal hereof.
Witness the hsnd and seal of esch pa~ty.
~ (SEAI)
s . C. oapson ~i~
ts~?u ~
s uc lle Thoapson ~
~ s` I9. 20 ~ State Revenue
cs~an+~lrantei~~r ar~tnan-~ate) • ~
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of wid sum of S 12~8~'~ and tM performa,nce of ths ~
covenants and agreements hereinaiter exp~essed, and tor divers good a~d valuable consideutions, by tl+ese presenti, does graM, ba~9ain, sell, remise, ±
retease, convey and confirm vOto the MORTGAGEE, iri successors and auigns, all fhat cert~in bt, pieae or parcel of land, situate, lying, and being in ths ;
County of St. j+uCi@ u?d State of Flo?ida, dewibed +s foltowt: :
Lot 9, Block 5, RBVYSBD PLAT OF ~UTH 25TH S'rRBBT SUBDIVISION, according to the
plat thereof recorded in Plat Book 11 at page 46, of the Public Records of St.
I.ucie Courity, FloYida,
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OEPT.OF jtEYENl1E
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j ~!N PAYNtEiti Of TAX~, ±
RECEIYED IHj~GIBCE PE~SJ~.`~ D~~R~'1. ~
WE ON CU~S ac~s oF ~y~i.
pU~$uANT TO CHaPT~" 71-I.
ltGGE? POf' ~ 1•
C(.ERK CIRCUIi CA~1RT. ltiG~t CJ.
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~ rcgethe~ with a!1 snd singular tbe tenement~, hereditaments and appurunces thereunto betonginy w in anywise appertainirg thereto, and dl tenn, iuues, ±
~ p~oceeds and profits acuuing and, to scuue from said premius, sll of whech are includet! in the ~bov~ and foreyoiny dewiption snd habendum. '
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TO HAVE AND TQ HO1D the above described and grs~ted premises unto the said MORTGAGEf, its s~ccetson ~nd ~ssigns forever. Md tbt satd
~ tt~eir
; MORTG~ R for - Fxirs, executors, administrators and auigns, hercby covenants with the said MORTGAGEE, its successon ar+d aaipro,
~ rhat ----~y ~'1e - r~„r~n seized of the sa~d
y aemises in fee simplr, that the s~ma are fies, clea~ ~nd dis~rged fr«n all liens and enc~xm
~
i brances in taw or in equity, a~d thet ~Qy will and thelr hein shall warrant and deferd the title to the same to th~ ~aid
' MORTGAGEE, its successors and auig~s, forever against the lawfu) claims and dem~nds of all penq?Y;
~ PROVIDE~, AlWAYS 1F~at if the MORTGAGOR shall pay unto the MORTGACsEE the promisso?y note htreinbefore dewibed and shall frufy, prompNy
and fully perform, d~uharge, execute, complete, comply with and ab+de by esch and e'very the stipulations, agreemenh, conditaro ~nd covenan» of said
promiuory note a~d of this Mongage, then this Mortgage snd the Estate hereby aeated shall ce~se and be null and void.
~ IT IS UNOERSTOOp that the word "Mortgsgor" whether in the singular or plvral a~ywhae in this Mortgaye, shall be sinyulu if o~e only and
i ihall be plural jointly and ieverally if more than one, and ~hat the wwd "their" as used anywhere in th3a Mwfgags sF~sll be ta4en to mes~ "his;' "hers;'
or "its;' wherever the contezt w implies a admits. Also, that wherever there is s reference in the covensnri a~d ag~eements herein contsined to sny of
~ the parties hereto, the same shall be construed to me+n as well as the heirs, legsl representsfives, succeuon and euigro (either voluntsry by act of the
; parties or invduntary by operaran of the Iaw) of t?~e sarrx and ~hat the covenams herei~ contained sMll bind ~nd rhe benefin and advantapes inun
ro the respective heirs, legsl representatives, svcceuors and au~gns of the parties hr.eto.
~ Md ssid Mortgagors, for themulves and their Fxirs, legal represeMatives, suctessort and a~signs, he~eby jointly and severally covensnt srd ayree
ro snd with the said A~tORiGAGEE, its successors and assigns:
1. To pay al! and singular tIK principsl and intercst and the variovs ~nd aundry s~ms of money payabla by virt~e of said promissory note, and this
- mortgage, esch and every, prompHy on the days respectively the ssme severally become dve.
2. To pay ell ~nd singular the tsxes, useumcnts, levies, liabili~ies, oblig~tions and ~ncumbr~ntes of every nature ind ki~d now on ssid desaibed
oroperty, p thst fxreafter may be impo~ed, suffered, pbced, levied, oi auessed thereon, or that here~fter may be levied or ~ssessed ~pot~ this Mort¢
~ age, w the indebtedness secured hereby, exh snd every, when due ind payabte, sccordinp to law, befwe they becomt dslinpveM, and befote any intual
? attaches p sny penalty is inturrcd; AND INSOFAR AS ANY THEREOF fS Of RKORD THE SMAE SFIAII 8f PROMPiIY SA715FIED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSiANtE, THE TAX RECEIPT OR TME SATISFAC710N PAPER OFFICIAILY ENDpRSED
F OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the evenl iMat ~ny tlKreof is not
pa~d, sat'sfied and dischargcd sa:d MORTGAGEE may at a~y t;me pay ~he same a•ny part thereof without waiving w ~ffecting sny option, lien, eq~ity or
~~qht under or by virtue of this mortgage and the full amount of each and every such paymrnt shsll be immediately dve a~d payabk and shall bea? interest
~•om the date thereof until paid at rate of nine per cent~m per annum a t e r such interes~hall be tec~red by the lien of th:s margtape.
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