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HomeMy WebLinkAbout2197 2s~sz1 THIS INDENTURE, Madt thw l~h day of `~Vn@ A.D. 19_.2~ between era . e an z9are . g~ s w e of SL _ LuC~@ ,~q~~~y flaida, hkeinaitsr designated as 4M "MORTGAGOR," ~ad FIRST ffDfRAI SAVINGS ANp IOAN ASSOCIA110N OF FORT PIERCE. a cwporatae or9~naed ar+d ~xis~~ny uoder tM laws of the Un~ted Su~~s of M~eric~ ud hav'u~g iv ~auipat plac~ ot busirNSS in th~ tiy of Fort PiKCe, 51. lucis Cov~ry, Floriw. he~einaftN desiynated a~ tl+e "MORTGAGEE." WHERfAS flw MORiGAGOR is jsntly indebted to ths MORTGAGEE in the sum of s 231300•~ , qood and I~wful ~noney of the U~~ted S~ates advanced by ths MORTGAGEE unto ths MORTGAGQR, as evi~er.ced by a certain promissory no~e oi even date Ae~e+vith, of wh~ch the foilowir+p in wo~d23 f~ures~• rrw cuPr. to-w~t: . i ~'3W' r,~,10019990 Fort Pierc~. F~«~. Jnne 1 Z.- 19 73 ` Fo~ value received, 1, we or either of us, prom~se eo pay, without defalcat~on, to the or~r of FIRST FEDERA~ SAVINGS AND IOAN ASSOCIATION Of ' FORT PIERCE at Forf Pierce, fb?ida, the sum of = 23~3~~~ with interest from date at the rate of ~aZ~ pe~ annum, in monthly instal6 ~ meM~ af fOI1pwS: = 19?' on the l~t~l day ef ~CtO~Y , ~q~~ ~ a like sum on the correspond~ng d~y of each month there- - af~er unti! the whole be fully paid. ' Each installment first shaU be applied irt payme~t of the inferest and then on the unpaid b~lsnte of the princ~pal sum_ If defa~h is made in the ~ paymenl of any installment when due, and wch default continues 30 days, then at the opYwn pf the ho~der, a~d wiihout a~y other not~ce, all the remainirg ~ ~nseallmc~ts shall be due and payable at once. Privilege is givee~ to prep~y this rate in whole or in part at any time without penalty. Neither fwebear~nce, ' nor sccep~ance by the holder thereoi afrer any default in a~y paymems hcreon, shall be dccmed extension. A late paymeM cha~ge of i9'~ , sh~tl be , added ro each inatallmrM remaining unpa+d'7 days aftr? its due date, and a like sum shall be added to esch such installment remaining unp~id 7 days after ~ each succeeding payrne~t date. \ Each maker, surery and endorse~ F?ereof, jointly and uveratty, waives demand, prese+~rmenr pro?est and nosice of protest fw nonpayment, and funher agrees to any extension of time of paymcnt, eithe~ befo~e w afte~ maturity, w;thout no~;ce to any of us; and to pay all costs of colledion, includ~nQ a \ reasonabk attorney's fK in thr event of any default hereunder, and F+ereby severally waives atl benefit of homes~ead and exemption under the constitutiw~ a~~d laws of each State of the Uni?ed Stares, as against this oblyation or any eaeension or renewal hereof. Witness the hand and seal of each party. y~~ , J"c~ _ e~j~ (~~l~ (SEAU i ' ' s ~~iald cs~?u ~ cs~w $34.95 s r r ~ ( ~ State Revenue > (Stiia~piuoc~llsd ~ oripioal .snta,l NOW, THEREFORE, the MORTGAGOR for fhe purpox of securi~g psyment of ~aid sum of i 23•3~•~0 , and the performance of the covenants snd agreements Aereinafter e:pressed, and for divcrs good and wluabk considcntions, by these prese++tf, does grant, bar9sin, sell, rem~se, re!easa, convey and confirm unto the MORTGAGEE, its wccessors and ~u3gns, atl that cert~in bt, piec~ or p~rtd of lar?d, situate, lying, end bei~g in the County of St. LiCie , and State of Fbrida, dewibed as follows: I.ot 12, Block 137, LAKE~IpOD PARK IJNIT NO. 22, as per p2at thereof on fi2e in Plat Book 11, page 32 of the public records of St. Lucie County, Rlorida. ~ F~~ tP'X~ ~ ~~'OP~Q g5 ` t 4 „ ~ ~ Y r r ~ ~~J ~~V . ~ J ~L~ IN PAVMfHT Of S~ ~OL ~E• ~~3 - ~w,f ~ •C 1l1TANGIBLE PE~2St?~tAL P°OPER1~r a*~ 0~Qt • i~~117. a~ QN G~SS r O TO diAP'~ER 71-13l. ACTS Of 1911. c z i ~ g-~ VII~T ROGER ppRRAS i~G ~ ~e ~'~Z ppURT, ST. LtIC~E JO., fu d EtERK ClilGlIT F o ' ~ogetAtr with a!! and sirgula~ the lenemenis, hered~tamenh snd appurtsnces thereunto belonginp a in anywise appertsining thereto, and all renti, iuud. procceds and proi~ts ~ccruing and to accrue from said prem~sea, all of which are includee! in the above and fore9oinp description and hsbendum. TO HAVE AND LO F(OLD the above desvibed and granted premises unto the said MORTGAGEE, ib successors end ~ssigns forever. Md th~ s~id MORTGA~'~jR for t~lelr heirs, executws, administratws and assigns, he~eby covensots with the s~id MORTGAGEf, its successws and aasipns, that --"ey aZe - lawfufl uized of the said Y premises in fee simplr, that the sarne pe f~ee, cku and d'acha~Qed from all liero u~d encurtr brarxes in iaw or in equity, and thst th~!,}t wiN and the11 hein ahall rrarrant u~d defend the titk to tha sank tp the said MORiGAGEE, its successws and assgns, forever against the lawful claims and demands of all periorq; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pran'istory rqte her4inbefore described snd shsll truly, promptly and fully perfwm, d~uhsrge, execute, complete, comply with and abide by exh and every the stipvlations, agreernents, conditarq ~nd covenany o{ u;d Y promissory note and of this Mortgage, then this Mortgage and the Estate hereby «eated sF~sll tease snd be null and wid. IT IS UNDERSTOOD that the word "Mortgsgor' whether in the singular a plural anywhere in this Mwtgaye, shall be siny~lu if one only and ~ shall be plurs) jointly snd severslfy if more than one,' snd that the word "thei?" as used anywhere in this Mortyage shaN be taken to mean •'his,•• „hers„ ~ or "in;' wherever the conte:t w implies a admin. Alw, that wherevcr there is s reference in fhe tavenants and agreemenri herein co+~bined to ~ny of the psnles hereto, the same shall be construed ~o mesn as well as the hein, kgal r~qesentstives, suaeasors sod ~uigns (eitt+e~ volunury by act oi th~ ~ part~es o~ invo u~rary by operation of fhe !aw) of the same anti tnar rne cwenanis nerein c.,r.i.:..cu s...,, :r.,, x,y+ y J t_1~ L~_J J J.~c ~`iciK~~ ~i.i~::~~ 'Q ro the respectire heira, legal representatives, wccessors and au~gns of the panies hereto. Md ssid Nsortgagors, for themulves and their heirs. legal ~epresentstives, suctessas a~d suig~s. I~ereby jointly and severally covenant and syree ~ ro a~d with fhe said MORiGAGEE, its suctessors and auigroc 1. To piy a!! and singular the princ;pai and interest and the various and sundry wms of money paY~bk by virtue of said promiuwy note. ~nd thu r~ morigsge, each and every, promptly on the days respectively the same severally become due. ~u _ 2. io pay ~II and singular the uxes. ssse;unenn. k~ries, liabilities, obligaians and encwnbrsnces of every nature ~nd kind now o~ sa;d described o i properry, or th~t hereafta may be imposed, suffered, pl~ced, levied, a assessed thereon, or thaf hereafter msy be levied a assessed upon this MorfQ. age, a the indeb+edneu secured hereby, exh and every, when due and payable, xcwdirg to law, before they become delinquer~t, ~nd befa~ any inte?esf atrachts w any pe~alty is incurred; ANO INSOfAR AS ANY iHEREOF IS Of RKORO THE 5/1ME SHAtI aE PROMPiLY SATISFlEp AND DISCHARGFD OF D.ECORD AND THE ORIGIhAI OFFICIAt DOCUMENT (SUCH A5, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY EN[lORSED OR CERTIfIED) SHAI! BE PlACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER FAYMENT; arx! in the eve~t that ~ny thereof is not paid, sat'sfied snd d~stl+arged sa'd MORTGAGEE may a~ anY hme paY the same x any psrt tF~ereof wi~hout wa~ving o? sffecting any oplion, Iien, equ~ty or ' ~~qht under or by vi:fue of this morrgage and the full amount of each and every such payment shall be immediately due and payabk and shall bear interest ~.om ~he dste thereof until paid at rafe of n~ne per centum per annum and togethe. w~th such inrerest shall be secured by the 1ie.~ of th:s morytape. _ ~ , =z _ - , ' ~ . _ . _ . : . ~ . . ~ .