HomeMy WebLinkAbout1571 ~v• iI/V
' TNIS INDENTUAE. IWd~ tl~i~ 1 5th da~? of June 'A.O. 19 73 betwN++
Euc~ene }ierndon and r.ar;~ H~rndon, hi s wi fe _ _
of $t . I'uCl@ Co~nty Florid~, heni~+aftK dssignared +s 11N~ '~/~QRTC~G~It~"+1ryd NRST FEDERAI SAVINGS A'N~ IO~IN
ASSOCi/1TION OF FORT PIERCE, ~ corpastion orpanised ~nd ~xistinp w+dN th~ laws of tM United S~~t~s o~ /un~lica ~nd F.~vi~ iri pri~cipal plate o(
businNS in tlr City d foA PiKa. St. lucA County. Fb?ida. Mr~inaftK despnaad a~ tir "MORTGAGEE.••
WHEREAS tiN MORTGAGOR is iwtly Ind~bqd to tht MORiGAGEE in tht :um of ~ 41 ~ 2~ . OO 90~ lawful moMy of the United
States adv~nnd by ths MORTGAGEE unto th~ A10RTGAGOR, as ~vid~nced by a ct~tain p~omiKOry no1~ of svM date he~ewith, of which th~ followinp in
wor 4tr~d ~Vu~ta trw copy, towit: ~ • ~ . ~
= 1100Q049 ~
1' Fo?~ P~ero.. Fb.~d.. Jun e 15 , Ho._,. t~~
, For valve received, t, we w either of ~s, promise to pay, wi?Fw~rt defalcation, to the order of fIRST FE~ERAI VINGS AND LOAN ASSOCIATION OF
FORT PIERCE af fort Pierce, Fbrid~, the ium of S41 ~ 2~n . ~n w;th inlereat from date at the rate of pe~ annum, in monthly instalb
mann as follows: = 312. ~0 on the l~th day of AUC]t1St 1q73 ~nd a lik~ svm on the correspondinp day of each mo~th ~har
after until the whole bs fuily paid.
Each installme~t fi~~t shall bs ~pplied in p+yme+~t of the interest and then on the u~paid balance of the prindpal sum. If default is msde ln ths
paymtnt of any R?stallmero when dw. and wth def~ult toroi~ues 30 days, then at the option of the holder. +nd without ~ny other ~otice, aU the remaining
~nsrallments ihall be dve and payabte at once. Privileye is ~iven to prepay lhis note in whole or ir? pan at ~ny tima without penalty. NeitFw~ forebearance.
Y Y PaY~^~^n ~reo~, shall be deemed extauion. A late p+yment char of = sh~ll bs
nor scceptance by the holder thereof after an defauh in an 9° 1 S. 6~
added to each inst~llrrKnt remaininy w+paid 7 days aftar its d~?e date, ~nd a like sum shall be edded to each such installment remaining ~opaid 7 dayt after
each sucteeding payment date.
Exh make~, swey +nd enclwur hereof, jointly snd severally, waives demand, presentment protest and notice of protest for nonpaYmenl, snd further
agrees ro any extensan of ~ime of psyment, eithcr before w afte~ maturity, without notice to any of us; and to pay all costs of collectia+, lncl~?d~np •
reasonabie atrorney i fee in the eve~t of any defauh hereunder, and hercby severally waivcs all benefit of homestead and exemption under the constitution
and laws of each Sbte of th~ United Sutes, as +yainst this obligatioa or any e:tension or renewsl hereof.
Witneu the hand and tesl of each party.
S/ Euc~ene Herndon ~
csEaU
S Dlary f~erndon ~
(sE~?U
61 . 8 O ) ST~te RevMw
( " ~
pu~~ose of secv~i m 41 2(10 . 00
NOW, THEREFORE, the MORTGAGOR fw the r+g p+y ent of said sum of = + +~+d P~~'^°^~ ~f ~
co~enants and agreemenn hereinafter expreued. and fa d~vers 4ood and valwble co~sideratioes, by thes~" presen», does grant, barpain, sell, remise,
retease, conwy and confirm unto the MORTGAGEE, its iucceuori and auigns, all that certain lol, p'~eu or pucel of land, situate, lyi~g, ud beirg in the
~~~ry ~ St . Lu c i e snd Sate of Fbrida, desuibed as follows:
! ~t 4, Block 7, T}-nT1B POI\T SUBDIVT_SION, as rec~r.dec? in Plat Rook 10,
-~~.z~e 79 of the Puhlic Records of St. Lucie County, Florida.? _
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rogether witl~ al) snd singular the tenements. heredi»menn u+d sppurtsnce~ thereunto belw+yinp or in ~nywise sppertainir~ therero. ~nd ~U rants, itsues.
prottldf u~d profin scau~rg and ro acvue from ssid premises, all of which sre included in the abov~ snd fore9oirg desaiption ~ed habendwn•
TO HAVE AN~ t0 HOID the sbove deuribed and gn~ted premises ~nto the said NIORTGAGEE, in successws and +ssigru fo?~wr. Md tiw said
MORTGAGOR fa t h ei r__ ~;n ex~t~, ~inistnton and a:sgns, hereby covensnb with the s+id MORTGA6EE, iri wouswn ~~d assiyro.
~ rhat +ti'°" ° Y" lawfully seized of the said promises in fee simple: that tFw s+me are free, cleu and dischar9ed from all liens and encuirr
~ broerces in law or in equity, and that th`'~ wi11 and t hei r y~p wsrrant and defend t}K titk to the s~m~ fo tFw s~id ~
MORTGAGEE, i» succesw~s snd auigns, faever aysi~st the Iswful claims snd demands of sll penau;
PROViDED, ALWAYS that if the MORTGAGOR ~hall pay unto tF+e MORTGAGEE tM promissory eote hersinbefore described and shall truly, promptly ~
and fully perform, disch~rge, exec~te, complete, comply with and ab~de by each and every the ~tipulatio~s, agreemenri, conditions and oovenarHS of ~aid
promiuwy rate and of this Mwtgage, then this Mwtysye and the Estate hueby created shafl tease and be null and void- ;
IT IS UNDERSTOOD fhaf the word "Mwt9~gor" whNher i~ fhe singular a plursl a~ywhere in 1F?is Mortgspe, sh+ll b~ sirgulu if oM only and ~
i~ shall bs pl~ra) joiMly ~nd teverally if more 1M~ one, snd that the word "their" ~s ~ned anywhere in this ARo~tps~e sMll be t~ken to mean "his,•• •'hen,'• ,
~ or "iri;' wherever the conte:t so implies or +dm~ri. Alw, that whereva there is a~efere~ce ~e ~he cown.nn .nd a9reemenn here~n oonrsined w•m ot ~
~x the p~~ties hereto, the ssme shal) be construed to mean ss well as the heirs, (eyal representatives, suasssors and sssigro (either voluntary by ~ct of tM ~
oarY~es or inroluM~ry by oper~tioe of the law) of the s~me ~od that the coven~nn hsreio contained sMII bind. and ths benefits and advantspts irwn
3h~-. ~o the respective hein, leysl representatives, wcceswn and au°yns of the parties hereto. ~
pnd said Mwtg~gors, fw tF~emselves and their hein, kgsl representatives, successors and assigns, hereby jointly and severally tovenaM and ayree ~
~ ro and with the ss~d MORTGAGEE, its successors +nd ~uigru: t
1. To pay ~II ~nd sirgulsr the pri+~cipal and i+~tKest and the var~ous and sundry sums of masey psyable by virtw of s~id promissory not~, and this i
~ mortpape, each and every. promptly on the d~ys respectively the same severally beconN due. '
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~ 2. To pay atl and singvl~r the taxes. +ssessments, tevies, liabilit~es, oblgstions snd encumbrances of every n+ture ~nd kind now on ssid desuibed ;
~ Property, o~ that hereaher may be impoad, suffe?ed, pl~ced, lavied, a assessed thereon, or tl~st heresfter may be levied a usessed upo~ tha Mort¢ (
age, a ths indebtedness secured hereby, exh and every, when due and payable, accadinp to law, before they become delinquent, ~nd befor~ aryr inter~st ~
~i attaches p any penalty is incurred; AN~ INSOFAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGEO OF !
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FpR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ;
~ OR CERTIFIED) SHALL BE PIACE~ IN THE HANOS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event thst ~ny thereof is no~ ;
paid, sst'sfied a~d discharged sa:d MORTGAGEE may st any time psy the sarne or +ny psrt thereof without waivinp or ~ffetting aMr option, lien, equity or
t-~ •~aht under or by virtue of this mortya9e and the full amount of each snd every such payment shall be emmedia~ely due snd psy~bk and shall bear interest ;
~rom the da~e the~eof until paid at rate of nine per centum per annvm an~a t~Q ~~~h res~~ be secured by the lien of th:s morytaye. ~
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