HomeMy WebLinkAbout1458 ~ 25"l0~~3
THIS INDENTURE. Mad~ ths 24th d~y of May A.~. 19 73 betwkn
ea an . arc ay an gnes . arc ay, s w e ~
of 5~,~ 1.~i(`.?~'.-, .~oynty Ftwida, h~rtinafta desgnated ~s tM "MORTGAGOR;' and fIRST FEDERAL SAVINGS ANp IOAi~
ASSOCIATION OF fORT PIERCE, a twpaation ap~nized rnd ~xistin~ undK tM laws of tM United Stat~s of Ame~ka and hevinp i» Principd pl~ce of
buiin~a in tM City of Fon PiKU, St, luw Counry~ FlOfldi~ I1QfllMft~f c+e~i~oated ai tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is wstiy indebt~d ro th~ MORTGAGEE io the sum of S 2O ~~0 . good and 1~wfu1 mon~y of the United
Stafq advanced by the MORTGAGEE unto ths MORTGAGOR, ~s evidenced by a terta~n promissory note of even date herewith, of which the followi~+g in
words a~d figw~s is • trw copY. to-wit; '
~ 20 ~000 .00 - T,~, 10019896
Fort ?ierc~. Flo?:d~. ~Y 24 1973
Fw value received, 1, we or either of us, prom~se to pay, withou! defslcnt;on, to tF~e orde~ of fIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PtEQCE at Forf Pierce, Florida, the avm of j 2.Oj ~0 _ with inrerest from date at the rate of 8• ~ 96 per annum, in monthly install- ~
menrs as follows: = 192 on tF~s lOth day of `july , 1973 snd a like tum on the correspond~ng day of each month thert-
after until the whole be tully paid.
Exh inslallrrKnt first shali be applied in payrtxnt of the interest and ?hen on the unpaid bslance of the p+iex+pa! ivm. !f defsult is mads in the
payment of any insta!lmen! when due, and su~h default confinues 30 days, then at the option of the holckr, and without any other notice, all the remainir~y
;nslallments shaTf be due and payable a1 onte. Privilcge is given to p~ep~y this note in wlwle or in p~n at ~ny time without pei?alty. Neilher torebcarance,
nor acceptance by the holde~ thereof after any default in any payments hereon, shall be decmed extension. A late payment charge of j 9•6O shall bs
added to each i~staNment rema+nirg unpa~d 7 dayi. after its due date, and a like sum shall be added to esch such insta{Iment rarwining unpaid 7 days ~fter
each avcceeding payment date. , ~
Each maker, surety and endorsc~ hereof, join~Iy snd ~everally, waives demand, p?esentment p~otest and notice of protcst fw nonpayme~t, and funher
agrees to any extension of time of payment, either before a afte~ maturity, wifhout notice 1o any of us; and to pay all costs of collettion, includiny • ~
reasonable attorney's fee in the event of any defautt hereunder, and htreby severally waives all benefit of homestead and exemption under the constitutiw~ ~
;nd laws of tath State of fhe United States, as against this obligation or any extension or renewal herecf. ~
Witness the hand a~d ual of each party. ?
s/ al d O. Barc ay ~Au ;
(s~?U
' ~ ~_~l' (5~?t)
s A nes A. Bar lay
( ~ ~ • ~ ) State Revm~e
~1~K~~Y~+~ .
NOW, THEREFORE, 1Fx MORTGAGOR fa the purpose of securing payment of said svm of S 2O •~0 • Q~ , snd tl+~ performsnce of ths
covenanq ~nd agreements hereinsfter expressed, and fw d~ven good and vafuable cons~dantions, by thess presents, does grant, barpiin, sell, rerr.ise,
releass, convey and confirm unfo the MORTGAGEE, its succeuors and aulgns, ell that certain bt, piece or parcrl of land, iituste, fying, and being in ths
Counfy of SL . Luc ie and State of flwida, dewibed ~s follows:
Lots 16 and 17, Block G, ALAMANDA VISTA RBVISED PLAT, as per plat
thereof on file in Plat Book 7, Pege 40, of the Public Recozds of
SL. Lucie County, Rlorida,~
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o= DOCUMF~~?R°~.:FLORiD~o,1
~EPT.oF REYEHUE STAMP ~ A X ~ RECEiYEO d ~ .r~ ~Yr .,_h~ .;...t~
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~c _ _ ' R ~ a(jE Od~ GA~.'S'1;' IKT,~t.GILLE Y~ `~_.;::-+L ~~'tR'£Pt'.
- ~t;bly~ ~
w. P.a. ~ °L~lVS1j TO CHAP{E~1 71-i?~1. A~TS Of jtl/~
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i o ~ ~t102 °•i~,..+' ! ROGER POITRAS ~jl~'
; ~ CLE.°'C 6~RCIMi ~~i Si. W~."IE 00, -
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~ ~ogether with sll and singvlar the tenements, hcreditaments and appurtances thereunto belonging or irt anywise appertainirg therefo, and all renri, iuues,
E procerds and p~ofits xuving and to acvue from said premises, all of which are included in the above and fwegoing destripYan and habendum.
~ TO HAVE AND TO HOLD the above described and gnnted premises umo the said MORTGAGEE, iri successori ar?d ~si~gns forew?. And tlw uid
MORTGAGOR fw their executws, administrators end assigru, hereby covenants with the s~id MORTGAGEE, its waessors ~nd aasipro,
i ~nat t~Y are lawfully seized of the ~aid prem~ses in fee sim Ir, thaf tht same are free, ck~r and dixhar
P ged irom all liens ~nd encvm-
bra~ces in law or in equity. ar~d that t~_ will a~d t~~Y Ixin shatl warrant and defmd the title fo the sams to the ssid
' MORTGAGEE, its successa~s and au;gns, forever against the Iawful claims and demsnds of sl) perwns;
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PROYIDED, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed and shall truly, promptty
and fully perform, d~scharga, exec~te, compkte, comply with and ab~de by esch snd every the stipul~tiw~s, syreements, condirio~u •nd covenann of said ~
promissory rate and of this Mortqage, then this Mwtqage and the Estate hereby veated shall usse and be null ~nd void. . ~
!i IS UNDERSTpOD th~t the word °Mortgsgw" whether in the singular w plwal ~nywhere i~ this Mortgage, shall be singulu if one o~ly and
~ shalt be plu?~1 jointly a~d ~everslly if mwe tF~a~ one, and that the word "tlxir" as ~sed snywhere i~ this N4ortgage shall be taken to mee~ "his,•• ••hers•• ~
+ or "its;' whereve? the context w implies or sdmits. Alw, thar wherever there is s reference in the coven+nts and s~reements herein tontained to ury of
the parties hereto, the same thafl be construed to mean ss ~erell as the heirs, legal representativet, successon a~d auigns (either voluntsry by acf of th~ c~a
parties or involumary by operslion of the law) of tF~e aame and that the covenan/s herein contsirxd sFial! bind and the benefits and adviMaQes inun ~ !
to the respective hein, leg+l represematives, successors and ass~gns of tF~e parties hereto. F
And said Mortgagors, fw themulves and tF?eir hein, Iegal representstives, successors and auigns, t~e~e~y ~:.5~~~~y ~:..a. ::•r.:s!!y :~e~asst and apree ~
i ~o and with tF+e said MORTGAGEE, its successors and euigns: ~
' 1. To pay all and singvl+r tl?e principal and imerest and the varian and iundry sums of money payable by virtve of said promiuory note, ~nd this '
mortgage, each and every, promptly on the da~n respectively the same sever~lly become due. nc~ ;
2 To pay slt and singulsr tfie tsxes, sssessments, levies, liabilities, oblig+iwns snd er?c~mbrarxes of every nature and kind now on s+id deuribed ~c°
property, a that hereafter may be impoied, suffered, placed, levied, a sssessed thereon, or tMat heresfter msy be levied or asseised vpon ihis Mort¢
s age, a th~ indebeed~es~ secured hereby. exh ind every, when due and payable, xcordirg to law, before they became delinquent, and befon sny interest
attathes ot any penalty is incurred; AND lNSOfAR AS ANY THEREOF IS OF RKORD THE 5AME SHAII BE PROMPTLY SAiISFIED ANO OISCHARGfO Of
RECORD AND TME OR(GINl.I OFFfCtAL 0C5CUMENT (SUCH AS, FOR INSTANCf, INf TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSED
~ OR CERTfFlED) SHAII BE PIACED IN iHE HAN4S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in tke event that any ihe~eof is not ;
° paid, sat:slied and discharged sa:d MORiGAGEE may at any time pay t(?e sarrx or any part thereof witho~t wsiving or affecting any opt;on, 7ien, equiry w ~
` •i~hf under or by virtve of this mortgsge and the full amount of each and every iuch payment shall be immediately due and pay~ble and sh~ll bear interest
~~~m the date thereof until psid at rate oF oine per centum per annum a~d together w~th such interest shall be secured by the lien of th:s mwyNye. £
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