HomeMy WebLinkAbout0736 zssss9 G
THIS INDENTURE. M~ile the 3 Ta day of y A.D. 19 73-~ be~ween
G. Richard Shamblin and Gillger G. Shamb~in~his wifp .
of $t . ~.11C 1 P ~~nty fiw~d~, hereina(ta detignated as tM "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corpwation aflanized and e:~s~ing unde~ ~he laws of ~hs Uniled Sut~s of Americ~ and havinp in principal place of
busineu In th~ Gity of fwt Piace, St. lucie County, Florid~, he~einafter d~iipnated as tRe "MORiGAGEE:'
~ WHEREAS tM MORTGAGOk is justly indebtad to ths MORTGAGEE in the ~um of S 22 t 8O~ • Qood +nd Iawful monsy o( the Un~ted
' Srates advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenced by a certain promissory note of even date herewith, of wh~ch Ihe followinp in
words and fi urei is a t~ua copy, ~o-wi~:
, s aa,8o~.0o N, iooi9ei~
Fo.~ P~«.. Fi«~d.. MaY 3 is 73
~ Fa value received, 1, we a either of us, promise lo pay, wi?hout defalta~ion, to ~he otdet of fIRS~ FEDERAI SAVINGS AND LOAN ASSOCIATION OF
~ fORT PIERCE at Fwt Pierce, Florida, the sum of S 22 ~ 8~' ~ with interest (rom date at the rete of 8• per annum, in monthly install-
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-:~ents ss follows: S~1!~~ oo the l~t~+y o{ _ J11IIe 19_73 and e like sum on the cwrespondinp day of each momh therr
~ efter until the whole be fully paid.
~ Each installment first shell be applied in paymenl of the i~uerest and then on the unpaid balante of the principal sum. If defsult if made in the
~ayment oi any ins~a~tment when due, and such default continues 30 days, then a1 the op~ion of the holder, end without any other r?otice, all the remaining
~nsrallments shall be due and payable at once. Privilege is given to prepay this note in whote a in part at any time without pe~slry. Neither ~webearante,
~ nor acceptancs by the holder ~hereof after any default in any payn+ents hereon, shall be deemed exrension. A late paymcnt charge of S~ ~
added to each installment ,remaining unpa+d 7 days after its due date, and a like sum ahall be added to each such installment ~emaining vrw+~d 7 days aftet
each succeediog payment date. '
~ Exh maker, surety and endorser hereof, jd~tly and severally, waives drmand, prese~tment protest and notice of prota~ fw nonpaymenl. a~d fu.'tMr +
agreet to any extensan of tirne of payment, eitFx? betore w after maturity, without not~ce to sny of us; and to pay all ces~s of cn~lectioh, ~oclud~np ! ~
reasonab(e attorney's fee in the evenl of any defavlt hereunder, and hereby severally waives all benefit of homestead and e~emplion t;.~der the cw+stitu;ion
and laws of each State of the United States, as against this oblgation w any eatension a renewal hereof.
Witncas tix hand and seal of each party. ~ • ~AU
-e?~ s G. RiCha rd Sh
m1in~~ ~tqU
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~'''ti~~-~ s Gin er G. Shaablin , ~U
~ ~ ~34.20 ) Stare Reveoue
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y ($tamps tancelled on aiginal note) i
22.800.00 ~~d tke rformsnce of tM °
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of = P~
covenanq a~d agreements hereinaiter expressed, snd fw divers good and valuable considerations, by these p~esents, does g?ant, bar9ain, ull, remix, ~
release, convey and confirm ~nto tfie MORTGAGEE, its iuccessors and suigns, all that ce~uin bt, piece or parcel of land, titwte, lying, and beinp in the ~
County of St . L~3C le Stste of florida, desaibed ~i fotlwin: ' j
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Lots 13 and 14, Block 33, SUNLAI~D GApDENS, PLAT NO. a, as per plat
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thereof on file in Plat Book 9, page 34, of the public records of ;
St. Gucie County, Floric~a.
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~ togelher with all and singular the tenements, hereditaments aru! appurtsnces thereunto belonginp ot in snywise appeAaininp thNeto, snd +11 renri, issws,
~ p~oceeds and profits aaruing snd ro acvue from said premises, all of which ue included in the +bow ~nd foreyoing dewiption snd hsbendum.
~S TO NAVE At~TOi
~QID the above described and gronted p~emises vnto the said MORTGAGEE, iri successors ~nd suigra fwever. Md the ~sid
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~ MORTGAGOR for heirs, executors, administrators and assigns, hereby covenanri with tix said MORTGAGEE, iri successws ard auipru,
~ rhat --they a re - Iawfully se7zed of the said premiies in fce •imple; that the same are frse, de+r and dixharped from ~If liens and e~cum-
~ o~ances in law w in equity, and that they wi11 and thei•r ~~~s w~~rsnt ~nd defend the title te the same to th~ said
~s MORTGAGEE, its successors and assigns, fwever against the lawful clsims and dem~nd~ of all perwns;
PROVIDED, ALWAYS !hat if ~he MORTGAGOR shall p~y unto the MORTGAGEE the promissory note hereinbefore described snd thall truly, promp~lY =
- and fully pe?fam, diuharge, execute, tompkte, tomply with and abide by each and every the stipulations, +g~eements, tonditions and tovenants of said
prom~sswy note and of this Mortgage, then this Mo?tgage and the Estate hereby ucated sMsll cease ~nd be n~l) and wid.
T~ IT IS UNDERSTOOD that the wwd "Mwtgsgw" whether in the singular a plural ~nywhe?a in this Mortg~ye, shatl be si~gular if one only and
shall be plural jointly and severally if more than one, and Ihat the word "the;r" ss uud anywhere in fhis Maty~e sMll be tsken to me+n "his;' "hen" M:
or "its;' wherever the contex~ so implies a~admits. Also, that wherever there is • reference in tl~e covenanri and agreements herein contained to sny of
the parties herefo, the iame shall be construed fo mean as well as the heirs, fegsl ~epresentafivd, svccesias snd assigiu (either voluMary by act of tM
;x partiei or involuntary by opentan of the law) of the same and that the covenants herein confained shall bind aed the benefi» and advanta~es inun
~ ro the respective heirs, legal representatives, sutcessors and ass~gns of the pa~ties hereto.
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And said Mortgagors, for themselves end their heirs, legal represeMatives, successors and auigns, hereby joimly and severally coven+nt ~nd ayree c`t~.
;~x ro and with the said MORTGAGEE, irs successws and auigns: •
1. To p~y sll •nd singvlar thc pr:ntipal and interest and the variovs and •undry wms of rtwney payable by virtue of said promissory not~, ~nd thit
matgage, e+ch •nd every, p~ompNy w+ the days respectively she same severally become due.
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2, To pay all and singular the ta:es, assessmentf, levies, tiabilities, obligations and enc~mbrances of every nah+re and kind now on said described
~ property, or thst hereafter may be imposed, suffered, placcd, levied, or auessed thereon, o? that htreafter may be levied w useued ~pon ihh Mort¢ ~r-o
age, or the indebtedness secured hereby, e~ch and every, when due and payable, accordinp to law, before they become delinquent, and befon ~ny IMerest A'
a+taches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIEO AND DISCHARGE~ OF
RECORD AND TME ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENOORSED
CR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any the~eof is aot
paid, sst's(ied and discharqed sa:d MORTGAGEE may at any t~me pay the same w•ny pert thereof without waiving or sifecting any optip?, lirn, equify w
•~qht under or by virtue of this mo~~gsge a~d the full amovnt of eath and every such payment shall be immediately due and payable a~d shatl bear infe~eft
irom rhe d~te thereof unril pa~d at rate of ~~ne per cenwm per annum and togNhe+ wrth iuch interest shafl be secured by the lien of th:s mw~taqe.
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