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HomeMy WebLinkAbout0479 ~ THIS iNDfNTURE. IY4d~ ~he ~ lOth ~ day of I?!ax A.D. 19• 73 betwaen Ri~ard P flura ts and Ada C~ ~r pQ~_hig ,vif~ of St • Lt1Ci@ ~p~n~y Flotida, hertinafta dtsignated as tM "MORTGAGOR," and FIRST fEOERAI SAVING$ ANO LOAN ASSOCIATION OF FORT PIERCE, a wrpwation orgu?iz~d u~d ex~~tinp unda th~ law~ of the Un~ted Stat~s of M+eric~ ~nd h~vin~ in pri~ncFpa! pl~c~ of _ businssa In fM City of fort Pitru. St. l~cie Counry. Florida~ harelnafte~ tletiynated as tlw "MORTGAGEE:' ~ WHEREAS tM MORTGAGOR is j~stly ind~btd to tM MORTGAGEE in t1?~ ium of = 25.~~~•QQ_.__, good a~+d I~wful mor+ey of the lh+~ted Statst adv~nced by fhe MORTGAGEE unto ths MORTGAGOR, as evidenced by a ceru~n promiuory oote of eve~ date herewitlr, ot which th~ foNowinp in wordt and figwe~ is ~ trus copy, lo-wit: V : 25.000.00 10019845 ~ ~ Fo?f Pi~rc~. Plwida. Ma y 10, 19 73 Fw value rece+ved, 1, wa or either of us, prom~se to pay, without dafaication, to the ordc~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ fORT PIERCE at Fort Pierce, Flwida, the sum of j 25~~0.00 with interesl from date at ths rste of ~QYo per annum, in monthly instati- t on the da of Jt~IN ments ss iollows; = 210.~ y 19~~ ~nd a like sum on the carespond~g day of each mooth therr ~ after until the whole be fully paiJ. ~ Each instellment first shall be applied in payment of Ihe interest and then on the unpaid balance of fhe princtpal i~m. If def~ult ii made ln ths j ~ paymeM of any installment when dus, a~d wch default continues 30 dayt, then at the option of the holder, and without sny other ~otKe, aN the remain;ng ; ~ns~+~lments thaN be due a~d payabie at once. P~ivilegs is given to prepay this rate in whole w in part at any time without penalty. Neither fo?ebearaoce, nw acceptancs by tl» holder tlxreof after any default in any psyments hereon, ~hall be deemed extension. A late paymenr chargs of Z_~SQshall b~ v added fo sach installment ~emai~ing ~npaid 7 days aftcr its due date, and a like sum shall be added to each such installment remaining unpaid 7 days aftN ~z each succeeding payment dare. ~ , ~ a faeh n~aker, su?Ny and endorse? hereof, jointly and severolly, waives demand, p~esentment protesl and notice of protesl fw nonpayment, and furlher ~ agrees ro sny extensan of time of payment, either bcfore o~ after maturity, witheut notice to any of us; and to pay all costs of mtlection, includinp • reasonabte attwney's fee in the event of any defautt lxreuAder, and here6y severally waives all benefit of Fwmestead and exerr?ptioa under the constitulion ~ and laws of each State of the United States, s~ aflainst this obl~gation or sny extension or renewal hereof. Wrtness the hand and seat of each party, \ (SEALj , s icAard P r ~~,u r s/ Ada C. Bur s ~ cs~?U ~ ( ~ ~ ) State Revenve ` ~2 (Stao.=.r~-~a0 ~an.arioioat.~te) . NOW, THEREFORE, the MORTGAGOR for the r '~5 pu pose of securing psyment of said sum of = ~ , and the perforrnsnce of ths covenants aod agreemenri hareinafter expressed, and for divert good ~nd v~lwble tonsideratwi», by these presents, does gr~nt, b~rgain, sell, remise, release, convey ~~d confirm unto the MORTGAGEE, iti svccessors snd assiyns, atl that cert~in lot, piece or parcel of land, situate, lying, and being in the County of St • Lueie ar+d State of florida, dewibed a~ fdlows: Lot 12~ B2xk 61~ RIVEP. PARK SUBDIVISION, UNIT 6~ as per plat thereof on file in Plat Book"12~ page 28 of the public records of St. I~ucie County~ Flaida. ! ~ ~ ~ o~ F SQ Mp~ A: ~ ~ ~ Cv~AT~'1~ARY t• " c I o ' f REY~-N~ ' ° 3 1. ~7 i co pfPt • ~ ' , : ~ .t~M~YI~ .i' .i' s c ~ ~ ~ P.i. , ~ .4 u~ot ~Q IN PAYMt7f~ ~ ° ~ pEitSONAI PROPERiY. ~ pl~ ON d11SS'C IfRANGIBLE ~S OF 1911~ , pU~/T 1'a CWIPIER 71-13~. ~ ROGER rOITRAS CIREy1iT OW~. Si• WCIE OD.. F~A ' together with all and singular the tenements, hereditsmenh and sppuctances the?eunto betonging a in sMrwise appertaining thereto, and ~II rents, iuws, proceeds and profits acvuing and to acc?ue from said prem'~ses, all of whidi are included in the ~bove and foregoinp desviption and Mbendum. TO HAVE AND TO HOID the above desvibed and grsnted premises unto the said MORTGAGEF, in aextpsai and assipns fwever. Md tM pid MORiGAGOR fw - the1r Ikirs, executon, administ~a?oas and auigns, F~e~eby sovenanri with tF~e said MORTGAGEE, its suttessws ~+d sssipro, they are ~ rhat - lawfully sei:ed of the said prem;ses in fee ianple; tF?st the qme are free, cle~r and discharyed from all liens and ~rt? brantes in law or in equity, and that t~1eV M,~~~ ~ thQ1Z heirs sF~all warnnt and defend tht titk to the tame to tM saW f MORTGAGEE, ib sucuuws and suigns, fwever sgainsf the lawf~l claims and demands of all perwns; PROVIOED, AciWAYS thst K the MORTGAGOR shall pay unro the MpRTGAGEE tix promisswy note hereinbefws dewib~d and shalt truly, prpmptly and fvUy peifoim, d~xhsrge, execute, tomplete, comply with and abide by exh snd every the stipulations, ~yreements, tonditio~a ~~d covenants of s~id p?wniuory rote and of lhis Mortgaye• then this Mortgsge and the Eitste hereby ueated sMll u+se ~nd b~ n~ll and void. IT IS UNDERSTOOp tMt the word "Mwtgsga" whether in the singular w plwal anywt~ere in this Mortys~e, shall be sinyular if ons only and shall bs plural joinfly and uverally if more fhan one, and thst ~F~e word "their" ~s u~ed anywhero in this Morry~ye sh~ll be taken to mesn "h'a,•• •'hera;• ' o! '"irs;' whereve~ the context w implies w edmits. Also, that wherever there a s refe?ence in the covenanb ~nd agreamenb herein contairnd to ~~y of the psrties heroto, the same shs0 be construed to mea~ ~s weN as the hein, legal representativea, wccessor~ and auiQrn (eithsr vpluntary by icf of tlw j parties or involuntary by operation of the law) of fhe same snd that the coven+nts herein contained shall bird end tM benefits ~nd advaetapes i~wre 1 to the respective heirs, kgal represeMatives, succeuus and su~gns of t1~e psnies hereto. 1 And iaid Mwtgsgors, fw themselves and thei~ heirs, (egal reprexntstiva, successors and assiyns, hereby jointly and severafly cove~ant a++d aprte to and with tiie said MORTGAGEE, iti successors and auigns: 1. To pay alt and sinpvlar the printipal and interest and the vsrio~3 and sundry sums of money payable by virtue of ssid prom;sswy note, ~nd this mortgage, e~ch a~d every, promptly on fhe d~ys respectivety the ssme severally become d~re. 2. To p+y aIl ~nd singvler the taxes. ~s~euments, levies. lisbilities. obligstiau and enc~mb~srxes of every natwe and kind now on said de~cribed Property, or that hereafter may be impwed, suffered. Placed, kvied, a as~ssed thereon, or tMt hereafter may be levied ot assessed upon this Mortp- age, or tFH irdebtedneu ucvred hcreby, each and every, when due and psyable. accordinp to law, before tF+~y becan~ delinqueM, and bsfw~ any interest artaches or any penalty is incurred; AND lNSOFAR AS ANY THfREOF IS OF RKORD THE SAME SHAtL 8E PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAILY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORiGAGEE WITNIN tEN OAYS NEXT AFTER PAYMENT; snd in the event thaf any ihereof is not paid, sat'sfied and diuherged sa:d MORTGAGEE may at any time pay the same or any part thereof witF?wit waiviny or ~ffecting sny optan, Iien, equity p •~qht under or by virtue of this mortgage snd the full amount of each and every such p~yment shall be immedi~tety due and psy~ble and shafl bear inferest i~om the dare rhe~eof u~ri! paid at r~te of nine per ceatum pe? an~um and toyether w~th suth interest shsll b the lien of th'~ moryta~e, x _ eo P~c~ 4 7'~' ~ ~3 ~ ~ _ ~ ; - : ~ 9.. . . 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