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HomeMy WebLinkAbout1613 ~ . 25'~201 ; THIS INDENTURE, Made the Sth day of `~~T~Q ' A.D. 197_3 b~tw~sn _ Melvin C. De~mon and Sandra Denm~n~ his tivife af . UC1(.-' ~pynty florida, hN~ina(qt dttignated ss tl~ "MORTGAGOR;' ~nd FIRST fE~ERAI ~/?VINGS ANp tOAN ' r ASSpCUT10N Of FORT PIERCE, ~ oorpw~tion orpanizad u+d ~x~i~inp unda. tM taws of ths Unired Staas of Am~rka ~r?d harinp iu prkKipal p~t~ of ~ ; bu~irnss t~ tF» C(ty of Fwt PiKU, St, luc:s Covr?ty, Flo.da, IwrriMh~. d~sipna~ed u the "MOR)W?GEE." ~ ~i WHfREAS th~ 1NORTGAGOR a W~tly Fndebt~d to tF~ MORTGAGEE in tM wm of s 13 ~ 200 . ~0 ,~,r,d (~,,,,fut nwnsy of thp ll~~rd - v Stetes adwnced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a cenain promissory note of eveo date her~vrith, pf which ths followinp in ~ =O[dL.;If~}14Yft~{f,i ifW COPY• iPWlh _ , ~ 1 ~ LW t1 ~ 1109008 S~ ; 4) ; ~1 i~ Fwt Pierc.. F~o.id., June -S, i9 73 'r For wlue received, 1, we or either of u~, promiie lo psy, without det~lcation, w the order of FIRST FEOERAI SAVINGS AN~ IOAN ASSOCIATIpN OP ~ ~ iORT PIERCE it Fort piarte, Florids, the sum of = 13'~'2~ w;tri iMerest from date at Ihe rat~ of 8 96 pe?.anrwro, in monH?ly Wtall- ments ~i follows: s 111 . ~0 on the l~t~y of Julv 1y 73 and • t;ks sum on the cwrHpondirg dsy ef e~ct~ w~onth thers- ~ after until the whole be fully p~id. ~ , . , ~ ~ Esth instattment fint shall b~ applied in payment of tKt iAtavesf and thvi on Ihs unpaid b+lance of the printipal wm. If def~ulf is m~de in tM payme~t of a~y iiutallment when due, and such def~ult continues 30 days, then at the option of tAe holder, and without any olher notice, sll the remainir?~ . ~ns~allments shall be due and payable at once. Privilege is given to prepaY this ~ote in whole or in patt ~t any time withovt penalty. Neither fwebear~ncs, nor :aeptanca by the holder thereof after any default in aay payments hereon, shall be deemed extension, A Iate p+yment charge of = 5. 5S sh~ll be added to each instaliment remaining unpa~d 7 days ~fter iri dw dats, snd a like wm ahall be added to each wch inatallmeM remainiog u~paid 7 days after each succeeding paymem date. , Esch mak~r, surery and endorser hereof, jointty and :everstly, waives demand, presentment protest and ratite of protest fw nonpayment, ~nd further agrees ro sny extension of time of payme~t, either before w sfter matu~ity, withovt notice to any of us; and to pay all costs of collection, i~clud7rg a reasonsble attorney i fee in the event of any default Mereunder, ~nd hereby several~y waives all bcnefit of homestead and exemption u~der the constitWiot~ and Isws af exh State o! ths United States, ss against this obligstion p any extension w renewal hereof. Witness fhe hand and seal of each party. S/ Atelvin C. Denmon ~U S/ Sandra Denmon ~~U ~ ~19.80 1 Stat~ Rerenus ~U . ~aeta~~c x~eX NOW, THEREfORE, the MORTGAGOR for the purpos~ of securing psyment of isid wm of ~ 13 ~~OO . 00 ~nd 1F~e perfprmseke of th~ cove~?a~ri ~nd apreemenri hereinafter expresud, and fot divas good and valwble cor?sidentions, by thes~ presenb, does grsnt, bary~in, sell,. rtmise, release, convey and confi~m voto the MORTGAGEE, ib succeuws ~nd issigns, all that tcrtai~ {ot, p'~eos pt pucel of Iand, situate, ly'ug, urd beinp in tM Co~nty of $t . I.uc i e and State oi Flwida, d~scribed u follows: Lot 9 and the North 30 feet of Lot 10, Block 5, SAINT JAMES PARK, as per Plat thereof on file in Plat Book S, Page 58, accordina to the Public Records of St . Luci P County, Flori da . . . . . ~ ~ ~ ~F ~'LO MPQ A ; ~O`" ~U1~tENTARY .--~a., tA °O Of Pt. Oi REVf NllE , ~ ~ .r G ~ti~ ~p? ~ yc e•. ~C ~uA2ftlS ~ ~ ~ ~ ~ (~'j `t1Qw'~t~`~'4~y~~' # i+" r = iilo2 `••...~r ~ ~ ~.~,~e`E~' ~S ~ E~- - ° • ~ ~~N ~ . . CA' . . ~'o~G ~o `a* - " ; ' ` ~ d~'„~ Q ~ ~ c~'' ~ ~ ~ together with alt and singular the tenemmis, hc~editame~?ts ind apEwrt~nces therevnto beloogirg or in a~ryrwae appertaininp thento, a~d aU rlnts, issws, a proceeds ~nd profin sccruing and to acwe from said prenines, all of which ue i?xluded i~ the above ~nd fweyoing d~scripYan ~nd habendum. TO HAVE AND Tp HOID the above described ~nd gr~med premises uMO the said MORTGAGEE, its svaestaa and auignt forevM. Md th~ said MORTG R fw tl2ezr executon, sdministraton and auigru, hereby tovet?anfs with tha s~id MOttTGAGEE, ib woceuws and auiQrp, rhat ~~eY are ~~ull uized of the saiA y premises in fee simptr, that the aame Ke free, clea~ and discMr~eed from all liero ~nd encum~ brances in law w in eq~ity, snd th~t they w~~~ a~ their }~~n wsrrant and defend ths titl~ to ths sam~ to the s~W ~ MORTGAGEE, its succeuors snd assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay u~to the AhORTGAGEE the promistory note hereinbefote dewibed and sh~ll truly, promptly and fully perform, dixharge, execute, comp(ete, comply wi~h and abide by each snd every the sripvlations, spreemenh, conditip» and covenants of said arom;ssory note and of this Mortgage, then this Mortg~ye snd the Esute hereby veated sf?ill cesss and be n~rll sed wd. IT IS UNDERSTOOD that ?he wwd "Mortg~gor" whether i~ the singular or plvral anywhere in this Mwt9sge, shsll be sirgul~r if one only and shall be plural jointly ~nd aeverally if more tMn one, snd that the wad "their" as used snywhere in this Mort9sye shaN be taken to me~n "hit," •'F~en," ~ or "in;' whereve? t1+e confrat so implies w sdmits. Also, that whcrever there is • referente in the cavenanb and ~graaunenfs herein tont~insd fo any of the psrties Ixrero, tM ssme shsll be construed to rt?e+n u well ~s the heirs, kgsl rep?esentativet, wocessors ar+d ui~gro (either volvntary by act of tFr ' parties o~ i~volumsry by operation of the law) of the sarne and that the cwenants he?ein conf~ined shsU bind and tht benefits and «lvantapp inw~ ~ to the respective hein, leyal representatives, successon and au~yns of the puties hereto. And taid Mortgsgon, f« themselves snd tF?eir heirs, legal ~epresenistives, successors ~nd auiyro, hereby joimly and severslly covenant snd aqr~e ; to and with the said MORTGAGEE, ib suctessors and assigns: ~ t. To pay slt snd sinpulx the principal end interest and tF~e varia» and svndry wms of money pay~We by vihue of ssid promissory note, ~nd tF~u i mortgage, each and every, promptly on the days respectively the same severally became due. ~ i 2. To p~y all and sinyvlx the taxes, sssessmenri, levies, lisbilities, obligatiaa snd encwnb?ances of ev~ry ~ature and kind now on said desnibed ; property, or that heresfter may be imprxed, wffered, plsced: kvied, or auesKd thereon, or that hereafrer may be lev;ed w ass~a~ed unw~ this Mortp. ~ age, w t}~e ind~btedneu aet~red hereby, e+c!? and every, when due and p~yable, xcording to law, befwe they becan~ delinquent, and befor~ any &NKest ' attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALI BE PROMPiIY SATiSftED AND D~SCHARGED OF ` RECORD AtVD THf ORIGIHAI OFFICIAI DOCUMENI (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THf SATISfACTtON PAPER OFFICIAIIY ENDORSEp ; OR CERTIFIED) SMAII BE PLACED IN TNE HANDS OF SAID NWRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenf that aMr thereof a not ~ paid, sat'sfied snd distha~ged sa:d MORTGAGEf msy at any time pay the same or any parf tl~eteof wiihouf waiving or affecting ir?y option, (ien, eq~ity p i •+qht unde~ w by virtoe of this mortgage and the full smount of each ~nd every such paymeM thall be inwnediately due and psyabk and shall bear inte~est ~ ~.om the d~te thereof until p~id at rate of nine per c.ntum per a~num and~ t~~~suc~~~~be secured by the tien o{ th:t morytayt, f T gL' - - ~