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HomeMy WebLinkAbout0463 Fr JV`f ~ ~7 THIS INDENTURE, Mads ihe J~t~ d~y of ~~e n.o. 19 73 betwee~ C C asb rs Sr and Nanc L. Chaabers his wi.!• of St• LuC f ~~~y F~a;~, hereinafter dtsgnated +s tM "MORTGAGOR," and FIRST FEDERAL SAVINGS ANO LOAN . ASSOCIATION OF FORT PIERCE. • corporation wp+nized +nd ex~itin~ ur?der tM Iaws of tM Un~ted Stato~ of America ~nd Mvinp iri princip~l pl+c~ oi ' bu~in~u in tho City of Fwl Pieru, St. luci~ County, flsrida, h~reinah~r deiiynat~d as tM "MORTGAGEE.° • WHEREAS tM MORTGAGOR h ju~tly indebt~d ro tM MORTGAGEE in the ~um of :29+6~• ~ good and lawful money of the Un7ted States ~dv~nced by 1M MORTGAGEE u~to tM MORTGAGOR, ss evidenced by + cenain promiuwy note of even da~e herewith, of which tM (olbwir+y in ~ 29 ~O~ur~ a trw copy, to-w~t: ~ 10019951 s • 1V Fort Piace. Flaida. '1~e ~ ~9 7 ~ ~ v \ fw value r~ceived, 1, we w e~tF?er of ua, promise to pay without def~lcation, to the order of FIRST FEDERAL SAVING5S AND LOAN ASSOCIATION OF ~ FORT PIERCE af Fort Pierce. Fbrida, the sum of a9~6~~~ with i~t r st from date af the rate of pN +~~um, in monthly install- menss u(ollows: S 224 ~ 10th d+Y of $@Qtea @r 19 - and a like sum on tF?e cor~apond~ng dsy of each month there- ~ a(te~ until the whole bs fully p~id. ~ Esch installment fi~st shall be applied in paymeM of tF+e interest a~d thcn on the unpaid balance of the princtpal wm. If default is made in ths payment of any installment when due, and such default coNioues 30 days, the~ at the option of ths holder, and without any other notice, all the remainin~ ~nstallments shall be due aad payable at once. Privilege is given to prepay this note in whole a in put at any fime without penalty. Neither iorebearance, ~ nor acceptance by the holder thereof after ~ny default i~ any payments hereon, shall be detmed extension. A late paymeM charge of 1'20 shall b~ ~ added to each installrt~nt remaining unpaid 7 days after its due date, aod a like sum shall be added to each such installment remaining unptid 7 days aher each sutceeding payeunt date. , Each maker, surety and endorser Fxreof, jointly and severally, waives ckmand, presentment protest and notice of protest fw nonpaymenl, and further s agrees to sny extension of tirt+e of payment, either before w aftcr maturity, without notice to any of us; and to pay all costs of collection, inctud;ny a reasonabk attwney's fee in the event of any default hereunder, and hereby severally w~ives all beneiit of homestead and exemption under the constitutan ..ti and laws of eacl~ S~ate of the United Statcs, as against this obligation w any extension or renewat hereof. W~tness the hand a~d seal of each party. (SEAI~ s Chester C. Chambers Sr . ~u (SFwU j s ancy . =s ~ ti $44.40 ~ ( 1 Sta?e Revenve , (~r~p. t.n~elkd~.~f~1n.1~ neAel 29 600. 00 NOW, 1HEREFORE, the MORTGAGOR for the purpose of securing payment of ssid s~m of ~ and ths perfom~snce of tla coverwnts and ayreementi hereinafter expressetl, snd fw divcrs good snd valwble coni~derations, b~ thess presenb, does 9rant, barpain, sell, remix, release, tonvey and confirm u~to the MORTGAGEE, itt wtcessors snd auiyns, all that certain lot, piet~ or p~rcel of land, sitwte, lying, and beinp in the ~W~ry $t . Ll1C~@ ~nd Sute of Florid+, described +s follows: Lot 2, Block 2, MIHITB CI2Y BS?ATBS, according to the plat thereof recorded in Plat Book 9 at page 48, of tbe Public Recozds, St. Lucie County, Rlorida, . . ~ ~ S-~-A-~ oR L.~O Mp~ A~ D~C'UMET~ITARY , ; UEPI.OF REYENt1f a - ~ i y , ' `44.4~t i ~1C ~h ~ ~ VV~~L~ ~ • ~ I ~l~ ~ re. ~ ' ~ ~ - IIIR2 ~ ~ R~llyEp ~s9.Z ~ IN PAYMENT OF TAXES i ~ DUE ON CLASS 'C INTANGIBLE PERSONAL PROPERiY~ i ~ pURSUANT 1p CFIAPTER 71-134. ACTS OF 191~~~ ' R06ER PORRJIS ~ CLERI( GIRqMT OOURT. ST. UlC1E C0. FlA ~ ~ i togethe? with all and singular the tenementi, hereditsmcnts snd ~pp~?rtsnces there~nto be{onging w in anywise appertainirg thereto, +nd rents, iuuts, 1 proceeds +nd profits acvuing and to scuue from said premises, sll of which are included in the above and foreQoiny description and hsbendum. ~ TO FIAVE AND T tHOIQ the sbove described and g~+Med premises unto tF+e s+id MORTGAGEE, iri wccesson and auiyns fwevq. Md tM said MORTGA fa 6e~* heirs, executon, administratws and assigns, hereby covensnb with the said MORTGAGEE, iri succdsors +nd ~sigM, ~~iey ar e rhat - lawfully xized of the ssid premises in fee simple; tMt the ssme ~re frse, ckar ~~d dischuged from all lia~s u+d encum- ~ brances in law o~ in equity, snd thst they W~~~ tb@iY hein shall warrant aod defsnd the fitle fo the s+m~ to tl~e s+id ~ MORTGAGEE, its successors s~d auigns, forever against the lawfu~ clsims and demands of ~II personi; ~ PROVIDED, ALWAYS that if the N10RTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbe~ore desc?ibed a^d ths~~ iruly, promptly ~ and fully perform, dlscharge, e:ecute, comp0ete, comply with and abide by esch and every the stipul~tions, ~greemenri, conditia» and covenanri of ssid promissory rate ~nd of this Mortgage, t}xn this Nbrtgage s~d the Estate hercby aeated sMll cease ~nd be null snd void. IT IS UNDERSTOO~ tfiat the wwd "Mortgsgw" whether in the singular w plursl snywhere in this Mwtgage, sFwll be sinpulsr if one only and '4 shall be plur~l jointty artd severally if more than one, and that the wwd "their" as usc~! anywhere i~ thia Mor~gaye shall be taken to mean "hi~," "hen;' ~ or "its," wherever the conteat so implies or admits. Also, thst wherever there is a reference in the covenantt and ~yreemenri herein cw~taiRed to any of , rne parties hereto, the ssme shall be cautrued to mesn ss well ~s the heirs, leyal representstives, s~ccessws and suigns (either volvntary by M of tM f parties or involuntary by operation of the Isw) of the same and lhat the covenants herein cont~ir?ed shsll bind ~nd the benefits snd advanfaqes Inure ~ ~ to the reipective Fxirs, legal representstives, succeswn and su~gns of the parties hereto. ~z Ard ~aid Nbrtgagon, fo~ themseives snd their hein, legat representatives, succeuors and aui9os, hereby jointly and severaily eovenant and ~yree to and with tFro sa+d MORTGAGEE, its successors snd assigns: ~ « 1. To pay a11 and singular the principsl +nd interest snd the various and ~undry swns of monay payable by virtue of said promis~ory note, and thb ~ mortgage, eath snd every, promptly o~ the days respettively the same severally become due. ~ ~ 2. To pay all ~nd sing~lu the qxes, usessmenn, Isvies, lisbilities, oblipstions and encvmbrsncd of every nature ~nd kind now on s+id described v Properry, w that hereafter may be impo~ed, suffercd, plxcd, levied, or ~ssessed thereon, a that hereafter may be kvied o? auesfed ~rpon this Mort¢ age, a the indebtedness secvred hereby, exh and every, when due ~nd p+yable, accordirg to I~w. lxfo~e they becorn~ delinquent, ud befor~ any iMaest r; attaches a any penalty is incvrred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII 8E PROMPTLY SATISfIEO AND DIS~HARGEO OF ; RECOR~ AND 1HE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR IN5IANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFFICIAtLY ENDORSEO ~ OR CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in tFx event that ~ny thereof is no1 ~ paid, sat'sfied and d~xharged ss:d MORTGAGEE may at any time pay the same or any part thereof witho~t wsivi~g or affectirg any option, lien, equity a •~qht w~der w by virtue of this mortgage and the full amount of each and every such paymem shalt be immediately due and payabk and sMll bear interest ~ ~.om the date thereof until pa~d at rate of nine per cemum per annum ~nd toyether wifh suc~ i4e% be secure~~ lien of th's morytaye. ~ soc~ ~~J f~ ~ ~ ~f~ _ : - - - ' ~ ~ ~ ~ ~ ~ a:. . „tY- ~ '~.x ,t ~ r ~ ~q.~..-:~~ t.s~~'~`.~-ss - ,,~~sc~ ZCa~~' . ~ . ;,.i~ _ Y~~.4'~~ ~ '~-~4d~,•~~~~~~~~..._~ _ _ ~?f~~~.~