Loading...
HomeMy WebLinkAbout1456 ~s~as2 . THIS INOENTURE, Mad~ the isth day of `~~e ' A.L, 19 73 betwecn Donald J. Paul and Mary R. Pa?ul, his wife of St. LUC~! . Courtty Florida, her~in~fter dtsignated ~f tM "MORTGAGOR," •nd FIRST FEDERAI SAVINGS AND LOAN ASSO~IATION OF FORT PIERCE, a corporation orya~ized and ~xwtinp u~da tF?~ law~ of tM Unittd St~t~s of Arr~iu uid Iwvinp in pri~+cipat pisc~ of bu~in~ss tn tM City of iwt PiKC~. St. Lvci~ Counry, Florid+, haraln~fttr d~siynated a~ tM "MORTGAGFE." WHEREAS tM MORTGAGOR is justly indebtd to tFw MORTGAGEE in th~ sum of; ~8~4~~00 yood ~nd lawful money of the U~itcd S~ates adv~nced by ths MORTGAGEE unto tM MORTGAGOR, as avidanced by s cenai~ promiuory note of even dats herew~th, oi whlch the foltowirq in „ wads and fiywss is a trw copy, to-wit: r- = 2$ ~4QQ~00 ~ ~ 1O0Z00Z8 Fat Pi~ru. Flwid+. .JWl@ ZS ~y 73 Fp valve reteived, 1, we w either of us, promise to pay, without defatcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Fbrida, the sum of ~~e..~a~•~~ w;th interest from date at the ufe of7Zs% pe? +nnum, in monthly install- ments u follows: Z2l5~~ on the 2~h day of `J~'y , 19 ~3 and a like sum on the cwrespondir~ day of eath month there- ~ a(ter until tM whole be fully paid. Eath installme~t first shalt be apptied in payment of the inte?est snd fhen on the unQaid balante of the p?incipal sum. If delsult is msde in the paymeM of sny inatallment when due, and such defautt tontinues 30 days, then ~1 the option of the holder, snd without any other notice, sll the remaininy ~n:fallments shafl be due and payable at once. Privil~ is given to prepay this note in whole or in part at any time without penalty. Neither forebearance, nor atc tance fhe holder thereof aftN sn default in an ments hereon, shall be deemed extension. A late g 10~75 QP bY Y Y PaY paYmN+t cMr e of = shall bs ` added ro each insiallmeM remainirg vnpa~d 7 days after ib due date, and a like wm shall be added ro each such installment rm+aining uopsid 7 deys.aher _ • each svtteeding paymeN date. ' ' j - E+ch maker, surety snd endorser hereof, jointiy and sevenlly, waives demand, presentment prote~t and notice of potest fw rw~paymem, and further _ ag,ees to any ex~ension of time of paymeM, eithe~ beForo a afte~ maturity, withouf notite to any of us; snd to pay ~II costs of cotlection, including a ~ reasonabk attorney's fee in the event of any defau~t hcreunder, and hereby xveraily waives all benefit of homestead and ezcmption under tha corutifution ¢ and laws oi each Sute of fhe United States, as against lhis obligation a sny exte~sion w renewal hereof. Witnes~ the hand a~d ua! of each parry. ~ lSE~W ( _s/Don~ld J. Paul ~xU ~ s/MaYY R. Paul ~ $42~60 ) Sta~s Revenue ~9~se+prc~noMla~ eT e?Ip~nal . NOW, THEREFORE, the MORTGAGOR fp the purpose of secvring payment of s~id :um of s 28 ~'a~• , and tl~e performancs of tht ~ covenanb and agreerrKOfs htreinaiter expreued, and for ~rers qood and wlwbk tonsidersYro% by fhew prtsents, does grant, baryain, se11, ~tmise, 4 retease, convey and confirm unto the N10RTGAGEE, iri successors snd assgnt, all that cerhin lot, piece or pucel of land, situate, lyin9, u~d beiop in the ~ ~o„~~y St. LUC~@ snd Sut~ of Flaida, dexribed follaw~: ~ i ~ Lot 23, Block 102~ LAKBWOOD PARK SUBDIVISION UNIT No. 9 ~ according to the Plat thereof as xecorded i,n Plat Book 11 at page 27 of the Putilic Records of St. I.ucie County~ Florida~~ _ ~ ~ ~ t e i p ~ S ATE oF , o= DOtUMENTAkY FL--~ R! DA 1 ~ ~ DEPT._~ p~ EpUf Ps" 5 TA M P t~i J~' ~ ~ n rs _ ~ JDM i ~ ~ ~ ` - P~ ' ~ ~ 4 ~ Q Q ~ a - ~~~o= 0 f RECEJYEO iN PAYM~1iT Of 'fAXF~ . p(~ p(r C1j~jS 'C' INLit~G1ELE Pr:'~fl:!+L P~EiiiY~ p~~j '(p CHAPTER 71•i34, ACiS ('F lylt~ ca ROGE1t l'~IIWti.S ~1F1L: C1RCtNi t~t1P.T, ii. ~_JGIE tXS„ ~1.=_ / . i ' i I rogether with alt and singvlar the tenements, hereditamenri and sppurtances therevnto belonging or in anywise sppertsining thereto, ~~d all renn, iuues, ~ proceeds •nd profin accruing and ro accrue from sird premises, all of which ~re includa! in the abov~ and fore~arg destription and habendum. i ~ TO HAYE AND T~j~ the sbove described and granted premises ~nto ths seid MORTGAGEE, in waestwt and assigru forever. Md tM said : ! MORTG R fot t"-~"- heirs, executors, administraton snd suigns, hereby tove~anfs with the t~id MORTGAGEE, it~ auaeswrs uid issiQrr, i ud ~ ~hat ~ ey ~e Iswfull uized of the uid Y p~emises in fee simp~e; that the same are frae, clear and dacF~rged from ~II I~erq and ; brances in law w in equity, and thst they w~~~ a~ their ~~n sF~all warant and d~fend the title to the Nme to the said MORTGAGEE, its successors snd assigna, forever against the lawful claims snd demands of all pe~sons; PROVIDED, ALWAYS thaf if the MORTGAGOR ~hsll pay trMO tF~ MORTGAGEE the promissory note hereinbefae dewibed ~nd shall truly, promptly : and fully perform, dischargs, execute, comptete, comply with ar?d abide by exh snd every the stipulations, agaeemenri, conditioro and toven~nri of said = ; p~omissory note and of tl~is Mongage, then this Matgsge and the Estate hereby uested sh+il u~se and be n~ll and wid. IT IS UNDERSTOOD tM~ the word "Mwtgsgor" whethe? in the s~ngular or plural ~nywhere in this Mort9aye, shsll be sinputu if one only a~d shall be plursl jointly and sever~lly if more tFmn one, and that the wwd "their" as used a~ywhere in this Morrgagt shaN bs taken to mean "lws;' "F~ers," ~ ` or "ir~ " wF~erever the context so implin a uJmits. Also, th~t wherever there i~ • reference in the covenanri ~od agreemenri Fxrein tontained to ~mr of ~ ~ rhe pa~ties hercto, the same shatl be construed to mea~ as well ~s the heirs, kyal represenfstives, successon snd suigns (either votunt~ry by ~ct of ti~s parties or involu~tary by operation of the law) of the same and thst fhe covenants herein containcd shall bind and the benefits and advantapes inw~ ro the respectiw hei?s, legal representatives, succeuws ar?d ss~?yna of the panies hereto. ' ~ ; And said Mortgsgws, iw rnemseives awS ine~r D.e~.~, i~y:: :~r.:a:: ^:a:^;~, _~t~!_w_ a.nA auioro, F~ereby iantly and severally covenant and ~yree u i ro and with the said MORTGAGEE, its s~ccesson and auigns: -_.y ~ 1. To psy all +t+d airgular the principal and intere~t and the vario~s and sundry sums of moneY paYable by vKtue of said promissory note. ~nd this ~ ~ matgage, esch and every, promptly on the days respectively the sune severally become due. 2. To p+y all and singulsr the taxes, auessmenn, levies, liabilit~ef, oblig+tions ~nd encumbr~nce~ of every n~twe ~nd ki~d ~ow on said described ~ propeny, or that hereafte~ may be imposed, wffered. pfsced, levied, or suesaed thereon, a tMt hereafter may b~ levied w sssessed ~pon this Mortg. age, w the indebtedneu secured hereby, each and every, when due and psy~ble, accordirg to law, befwe they beca?~ delinquent, and befor~ any iMerest i attaches w ~ny penahy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO T(iE SAME SHAII BE PROAAPTLY SATISFIE~ AMD D15CHARGED OF ,~m ; RECORD AND THE ORIGlMSAL OFF{CIAI DOCUMEkT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PAPER OFFICIALLY ENOORSED ; OR CERi1F1ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; aod in the event that any thereof is not paid, s~t"sfied and dixhsrged sa:d MORTGAGEE m~y •t a~y time pay fhe same or any pan tt~eieof without waiving or affectinp any optian, iien, eqUity ot ' •~qht under w by virtue of this mortgage and the full amount of eacn and everyr such payment shsll be immediatcly dve and p~yable and shall besr interest ~~om the date thereoF until paid at rate of nine per centum per annum and toyether w~1h iuth interest sMtl be secured by the lien of ~h:s mwyape. ~ ~ ~ ~ ~ ~ ` ~~w ~ ~ K~ .'~~,c.z~,.._?;`:~.~~.,~~'e;. _ . ~ ~ . . _ ~rtc.. .