HomeMy WebLinkAbout0471 ~ 2~483 ~
THIS INOENTURE. Mad~ t~ie Sth day of `j~e ~ ~ A.D. 197_
3~ between 4
Kennet an p an ynn erry e p, s w e
of St _ Lucie ~ Cwrnty florida, hereinaft~? deiignated +s the "MORTGAGOR;' ~nd FIRST FE~ERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE. a corporation aya~ised ard exiitiny under ~M I+wi of tt» U~~t~d 5tat~s of M+eric~ u+d havinp iri principai plaa of
buurNis in tM City of Fort PiKU, St. lucis Couoty, ilorida. F+~reinaft~r desip~ated as tM "MORTGACaEE.°
WHEREAS tM MORTGAGOR is jv~tiy irKlebted ro tF?~ MORTGAGEE in ths wm of i ~5~60~•~ ~ood u+d ~awful mo~ey of the United
S~ates advanced by tha MORTGAGEE unto tlM MORTGAGOR, as evidanced by • certa~n promiuwy oote of even date herewith, of which ths followinp in
wwdi ~nd figures a a trw copy, to-wit: 10019945
= 25,600.00 June 5 ~ 73
Fort Pi~rc~. Fioiida, 19 `
Fa vatue reccived, I, we a e~thcr of us, p~omise fo pay, without defalcation, to the order of FIRST FE~ERAI SAVINGS AND lOAld ASSOCIATION OF
FORT PIERCE at Fo?f Pierce, Florida, the sum of 25 6~ • w;th interest from date ~t the rate o}7 • 75 46 per annum, in monthly install-
ments as follows: i 194.~ cn tFie 1 L~~y of September 19 73 and ~ like wm on the carespond~rq day of each month therr
aiter until the whole be fully paid. ~
Each install~neN first shall be applied in paymcnt of the interest and then on the unpaid balance of the prindpa) svm. If defatdt is m+d~ In the
paymeM of any installment when due, and wch default continuea 30 dsys, then at tha option of the holder, and without sny wher noticet all the remaininp'
~nstallme~ts shall be due a~d payable at once. Privilege is yiven to prepay this note in whok w io p~rt at any time without penalty. .Neitbx forebeua~c~.
nor aaepta~te by the holder thereof after any default in amr p~yments hereoe, shs~~ be deemed extension. A late payment tharqe of j 9~•7O, sMll p1
added ~o each irtstallment remaining unpaid 7 days aiter iri due date, and a tike sum shall be added to each such installment rema:ping ynpaid 7 days ~ftN
each succeediny payment date. ~
Esch msker, surety and endorser hereof, joi~tly and ~everally, waives demand, presentment protest and notice of p~otest fo~ nonpayrlNN.+M+d fu?ther
agrees to any extension of time of payment, either before a after matu?ity, without notrce to any of us; snd to pay all costs of collection, includ',ny ~
reasonable attorney's fee in the event of a~y default hereunder, and hereby severally waives sll benefit of homestead and exemption unde~ fhe constitutio~
and lawi of eacfi State of the United Sta~es, as against this oblgation w any exte~sion o? ~enewal hereof.
Witness the hand and seal of each party.
s/ Kenneth Alan Delp ~
cs~?u
~?u
s/ Lynn Berry Delp ~
~ ,S 38.40 ~ State Revenue
:Sramps ur+celted on wipinal note)
NOW, THEREFORE, the MORTGAGOR for tF~e purpose of tecuring payment of ssid sum of i 25~6~'~ . and tM perfo?msncs of the
covenants and ap~eements hereinafter exFresxd, and fw divers good and valwble considerations, by these presents, doea graM, barp~in, sell, rcmiu,
release, convey and confirm ~~nto the MORTGAGEE, in successors ~nd suiyns, all that certein lot, pieoe w putel of lu~d, situate, lying, and being in ths
~~~~y ~ St • L11C 1C , and State of Fbrida, desc?ibed ~s foUows:
Lots 21 and 22, Block 8, RIVfiRDALE YACI~Tr CLUB BSTATES- WIT 2,
as per plat thereof on file in Plat Book 6, Page 40, of the .
Public Records of St. Lucie County, Florida,
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~ together with all arx! sing~tsr the tenemenb, hereditaments and +ppurtances thereunto belongirg or in anywise appert+ininp the~eto. +nd +11 rents, Issues,
~ proceeds snd profits acuuing and to acvue from sa~d prem~ses, all of which sre included in the abov~ and faegans description ~nd habendum.
~ TO HAVE AND TO HOID tM sbove desuibed end granted premises unto the said MORTGAGEE, ib wasssors and ~ssiyns fwever- Md tM iald
rt MORTGAGOR for their executws, administrators and assigns, hereby covenants with fhe uid MORTGAGEE, its iutcessars and +uipro.
~ rhat they are ~awfully seized of the said premises in fee simple; that fhe sams ue free, cksr and dixhar~ed from all liens and encum-
~ brances in law w in equity, and thst th~- will and Lt1si ir hein sl?~II warrant and d~fend the title to tM s+me to tM aid
~ MORTGAGEE, it~ successwa and auigna, forever ~gainst the lawful claims and demands of all penora;
~
; PROVIDED, ALWAYS thst if the MORTCaAGOR ~hafl p~y w+to the hhORTGA6EE tF~e promissory note hereinbefore dewibed u~d shall hvly, promptly
~ and fully perfwm, discharge, execute, tomplete, comply with and abide by each and every the stipulstioro, agreemenf:, tonditions and cove~+nis of said
promissory note a~d of this Mwtgsge, then this Mortyage and the Estate hereby ueated shsll ce~se snd be null and void- :
~ `
IT IS UNDERSTOOD that the word "Nbrtgagor" wF?ether in the iingular a pl~ral ~nywhere in tF?is Mwtg+ye, shall be sinyular if or+~ only +nd ~
~ shall be plural jointly ~nd sevenlly if more than wie, and that the word "their" as used anywhcre in this Mortgage shall be tiken to rn~an "his," "hen," '
or "its;' wherever the tontext so implies w admits. Also, tFat wherever there is a reference in the coven+nts and spreemenb herein contained ro Mty of ~
; the parties hereto, the ssme shsll be consrrued to mean as well ss the heirs, legal rtpresentativet, succeswrs sod sasigns (either voluMary by M of th~
parties or inroluntsry by operation of tix Iaw) of the ssme and that the covensnts herein contained shsll bind and rhe benefin and .dvanr.pes inw. ~
s the respective he4rs; Ie~al ~epresentatives, wcceuas and au~yns of the parties hereto. j
And ssid Morfgsgon, for themselves and their heirs, legsl representatives, successors snd auigr?s, hereby jointly snd severally coven+nt ~nd apree
~ to u+d with the uid MORTGAGEE, its successors and sssigns:
1. To pay all and sirgular the principat snd interest and the various snd sundry sums of money payable by virtue of s+id promiswry note, and this
~ mwtgsge, each and every, prompNy o~ the days rcspectively the same severslly becort~e due.
~ 2. To p~y all ~nd singvlar the taxes, sssessments, levies, lisbilities, oWig~tia?s and encvmb?~nces of every nature snd kind now on uid deacribed
a; Prpperty, or that hereafte~ may be imposed, wffered, plxed, kvied, or as~ssed thereon, w tMt her~after may be levied a asseued upon thb Allortp-
= s3e, a the indebtedneu secured F+ereby, ead~ and every, when due and p~yable, acccKdinp to (aw, before they ~come delinquent, snd befon any i~terat
~ artachts w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED OF
RiCORO AND TFiE ORIG113A1 OffIC1AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED
OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event 1Mt ~ny thereof is not
;e:,
pa~d, saYsfied and dixharged sa:d MORTGAGEE may at any time pay the same w any part thereof wi~hout waiviny or sffect~ng ~ny option, lien, equity a
~ •lqht under or by virt~e of lhii mortgage and the full amount of eath and every iuth payment shall be immedistely dve and payabk ~nd shall be~r interest
~.om the date thereof until paid at rate of nine per centum per annum •nd together with such i~t~[ e s 1 ured by of 1h's morybqe:
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