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HomeMy WebLinkAbout1295 - . 25'~A12 ~ THIS INDENTURE, Mad~ ths 30th ~y of ~y ~ A.D. 19 73 b~twten t~v~n . ag• an Paga, h s w f~ of St• LtiCi~ Gounty Fforid~, Mreinafter detigrtated ss tM "MORTGAGOR;' and fIRST FEOERA~ SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • torpaation orp~ni:~d and exiitiop under Ih~ lawt of tM Unit~d Stat~s of Ame~ica and havirg in princ~pal pl~c• of i busiMSS M tM City of fort PiKCe. St. luci~ County,,Flaic~a, I+er~inafter desip~ated a tM "MORTGAGEE." { WHEREAS th~ MORTGAGOR is jvilly indsbtd ro tM MORTGAGEE in ths sum of s 4O ~ , good and lew(ui money of ~he Un~ted j States advanctd by the MORTGAGEE unto the MORiGAGOR, at eridenced by a cenain promiuory note of even date herewith, of which the followinp in wwds ~nd fiyura is a nw copy. to-wit: =40,~•~ N, 10019920 Fwt Pl~rce. Florlda, ~y ~ 19 73 i fo~ value received, f, we w either of us, promise ro pay, without defalcation, to tha order of FIRST fEOERAI SAVINGS APiD IOAN ASSOCIA710N OF FORi PIERCE at fpt Pie~te, Florida, the sum of =4O•~~~~ with inte?est from date at the rate of 7~7~b per annum, in monthly install- ~,enb u follows: = 3~ on the i~h day of OCLOblY ~ ~9~.~. and a like sum on the corr.spa+d~np day of eacfi month there- after vntil the whole be fully paid. Each installment first shatl bs spplied in psyme~t of tM intereaf and then on the unpaid balance of the prirx~~al surn. If defauh is made tn the ~ payment of any inarallmcM wFxn due, and such defauh continues 30 days, then at the option of the holder, and withwf any other ~ofice, all the remaininp i ~natallme~ts shall be dve aod payable at axe. Privilega is given to prepaY this note in whol~ w in psrt ~t any time withovt penaity. Neither forebearsnce, nor atteptance by the holda thereof after a fault in any payments hereon, shall be deemed exte~sion. A late payrnent cbe?ge of,s is~is, shall be added to each installment rcmaining vn . fter in due dare~ •nd a I~ke :um shall be added to each auch installme~t remaining ur?paid 7 days after \ each wcceeding payment date. _ y~ Each maker, surety and endwscr her and sevenlty, waives demand, prexntment protest and notice of protest for nonpayment, and furthet agrees to any extension of t~me of pay~ne~t, e~ther befwe o~ a(ter matur~y, without not~ce to any of us; and to pay all costs of collection, irxlvd~ng s ~ reasonable attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption ~nder the constitWio~ and laws of each State of ~he United States, as sgainst this obtigation o~ ~ny extension or renewal ixreof. Witness tlx F~ar?d and seal of cacA parry. y~ cs~?u ~ ~S~e,v~ C. P~,oe (SEAI) csEwW ` s/J PagQ ~ v ~ 560~ 00 i S?ate Reveeue ' a tsran+p~t~Med~are?q~ar ne~A - ~ U NOW, THEREFORE, the MORTCaAGOR fa ths- purpose of securing payment oi said sum of ~ 4O , and the performance of tF~s coveninb end ~graements hereinaiter expreued, and fw divtrs good and vatuable consideratiwu, by these prese~ts, dota grant, barpain, sell, remise, ~ re~ea~e, convey and conlirm unio the MORTGAGEE, iri wcceuas and suigns, all thst ce~tain lot, p'iece w pucel of land, situate, (ying, snd beirg in ths Count~r of St. Lacie aod Stats of Plwida, deuribed ~i follows: ~ Lot S, B1ock 193, SUUTH PORT 5?. LLICIB t~IZ? 10, according to the Plat thezeof ~ ~ ~ recorded in Plat Book 15 at pages 2 and 2A, of the Pub2ic Records of St. Lucie ~ County, Rlorida, ~ ~~o i o~ ~ sO Mp Z E' , Y ~ ~p ~'N`R~~~~ ~ = 8 0- 0 ~ ~ ~ r EPt'~ i9 ~ o r O . C~ ~ ~ ry~~~ ..y~~ . . pY- •~rn ~ : S1i0T REl'f.NED ~ 1:,f:C_t i .:,:.`~r ~ p ~UE Wi CLIwiS ti' ft~T,~tiG15tE ~~i?~u~.+i F't•tJt -K• : i~USSWWT TO CHAI'1ER 71-134. ACTS f~F 191~_!~ ~ ROGER °~11RA.i ~ ~;LE.?~ CIl~.UIT WUPT, ST LW:~E 0~., F1~. I f 4 ` together with slt and singular tfie tenemenn, hereditsmenb a~d appurtances tt+erevnto belonging or in snywise sppertaining therefo, and all renri, iswes. 3 proceeds and profits acuuing and to acvue from s~id preni~ses, all of which are included in tfie above and for egoirg desvipYqn ~nd habendum. TO HAVE ANa TO HOID the sbove desvibed snd grsnted premius unto the said MORTGAGEE, iri successors ant! ~uiyns fuev~r. Md th~ said ? NORTGAGOR for ttieir executors, administrarors a~d asi~gnt, hereby covenanh with the said IMORTGAGEE, ib wccessors end ~ssipro, j that -they dre - lawfully seized of tF~e said premius in fee timple; that the tsme ate free, ctear ~~d discharged from a!I liens and encwrr ~ brances in law w in equity, and that they wiH and t~ei= - hein shsll warrant and defend the titk to the fame to the safd MORTGAGfE, its suctessors and auigns, forever against the lawfu) c~aims and demands of all perwro; PROYIDfD, ALWAYS thar if the MORTGAGOR shall pay unfo the MORTGAGEE the promissory note hereinbefore described and shall truly, promptly and fully perform, d~scharge, eaecute, compkte, comply with and abide by esch and eve?y the stipulations, sgreeme~ts, conditioru and covenan» of said promissory note and of this 1Nortgsge, fhen tbis Morlgsge snd the Estate hereby veated ihall cease and be n~rtl and wid. = IT !5 UNDFRSTOOD that the word "Mortgsgw" whether in the singular or ptural snywhere in this Mortyaye, shall be sitgular if on~ only ~nd shall be plural jointfy and severally if more than one, snd that the word "their" as ~sed snywhc~e in this Mortgaye sMtl be taken to mean "his;' "hen;' i w"its;' wherever the context w impties or admits. Also, eFwt wtrcrever there is a rofera+ce in the covens~ts ~nd ag~eemenri herein contained to any of ~ the parties here:o, the same shall be const~ued to mesn ss well ss the heirs, kgal represe~fatives, successors and suigns (eithe? volumary by ~ct of th~ i parties or involuntary by operaYan of the law) of the same and that the corenan~s herein contair+ed shal! bind and the benefib and adva~tayes i~ur~ ' to fhe ~ ~ve heus. 1 re esemaiives, succesx,.i ei.: :ii'-..3 ai :k; •H:•• !~!S•!n . ; e+Ped fegs Pr 'a" F-..•-- • And said Mort9agw:, for tFMmselves and their Fmirs, legal represeMStives, s~ccessors snd assigns, hercby joi~tly and severslly covena~t and apree - ro ~nd with tix said MORTGAGEE, its successon and sssigns: 1. To pay all and singvlar the principsl and interest and the variovs and sundry sums of money payable by virtue of ssid promissory note, and this x mortgaye, aacF~ and every, promptly o~ the dsys respcctively the ssme severally become due. 2. To p~y all and ~ingul~r the tazes, sste~sments, levies, liabilities, obligations ard encumbr~nces of ~very nature and kind now on said described 3 proparty, w that hereaher may be imposed, wffered, placed, levied, w assessed thereon, w thet hereafter m~y be kv~ed a assessed upon N~is Mort9- i sge, or tM inckbtednes~ secured hereby, exh +nd every, when due +nd psysble, accordinp to law, befwe they become delinquent. ~nd befort ~ny int~rest anaches w a~ penalty is incurred; ANO INSOFAR AS ANY TMEREOF IS OF RECORD THE SAME SHAII dE PROMPTIY SATISf1E~ ANU DIS~HARGEO OF RECORD AND THE ORIGII~(Al OFFICIAI DOCt1MENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSfD L~R CERTIf1ED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN ~AYS NEXT AFTER PAYMENT; and in the event that any thereof is not , paid, sat'sfied and dixharged sa:d MORTGAGEE msy st any time pay the same a a~y pen thereof wifhovt waiving or affectiny +ny option, ~ien, eq~ity p •iqht under or by virtve of this mortgage and the full amount of each and every such payment shall be immed~ately due and pay~bk and shsH besr interesl t ~•om the dale thereof until paid at rate of n~~e per centum per an~um and together w~th such interest shsll be sec~re~f by the tien of th:s mwgtsge. 3 D . . f bG.r •J t r _ , , , = f _ - _ - _ > _M