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HomeMy WebLinkAbout2262 ~ 25'76'70 ~ - ~ 1 1 r' THIS INDENTURE, Mad~ the iSLb d+y ot Juil@ ~ ~ A.D. 19 73 betwten Willia¦ R. Saspson and Bonita G. Saopson, his wif~ APO H~wazd W. Saapson and Helen D. Sa~aRson~ his wile At~O Eaerson G. ~~son and Iris 2 Ss~nsnn~_~~ rif,a of $t a ~C~• _ , Cp~nty Fbrid~, Mrtinafter desig~ated as the "MORTGAGOR,° and FIRST FEDERAI SAVINGS AND IOAN ASSpC1AT10N OF FORT PIERCE, a twporation wp~nized snd exi~tinp under th~ laws of tM Unit~d Statis of M~eric~ ~nd Mvinp its principal place of buun~u in tM Ciry of Fort Pi~rce. St. lucie Co~nty, florid+, he~einaher desi9nated ~s tM "MORTGAGEE." j WHFREAS tM MORTGAGOR is juitly irKlebt~d b the MORTGAGEE in tM sum of = a7~6~•~ , good +nd ~awful money oi the Un~ted ~ Statet advanced by the M.ORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuo~y note of even date herewith, of wh~ch the foltowinp in wordt and fiyures is a true copy. to-wit: 0020031 s27,600.00 ~ ~ fort Pleres. Florida. J~@ 1 S 19_.7~ Fw value received, 1, we o~ either of us, promise to pay, without defalcation, to the orde~ of FIRST FEDERAL SAVIPlGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pieres, Ftorida, the sum oi s 27 ~ 6~ with interest f~om date at the ~ate of 7~ 7~Xo p~+ annum, in monthly install- ~ ~ents ss foNow:: S2O9 on the 2~b day of ~(~t@~@Y , lq 73 and a like wm on the cwrespond~ng day of each month there- ' ~ after until the who~e be futly paid. Each installrnrnt first shall be applied in payment of the intcrest a~d then on the unpaid balance of the prinupal sum. If default is mads in the ~ payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, atl the ramsining ~nstallments shall be dve and psyable at once. Privilege is give~ to prepay this note in whole or in part at any time w~thout penatfy. Ne~ther forebearance, ~ 10 45 nor atceptance by the holde~ thereof after sny default in any payments Fxreon, shall be deemed e:tension. A late payment charge of s • sh+~~ bs added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such instailment remaining unpaid 7 d~ys after each succeeding payment date. ~ Each maker, surety and endaser haeof, joiNly and seve?ally, wsives demand, presentment protest and notice bf protest fw eanpayment, sed further y ag~ees to ar?y extension of time of payment, either before or after maturity, witlwut notice to any of us; and to pay all costs of collection, indud~n9 • L reasonabk attorney's fee in the event of any detault herevnder, and Ixreby severatly waives all benefit of homestead and exemption under the constitution ~ a~d laws of each State of the United States, as against this obligation or any eatension or reoewal hereof. Witness the hand and sea! oi each party. ~ $l W~ZZ1Am ~ S~SOII (SE/?u 5/Baezson G. Sam son (Seal ) S! Bonita G_ S~nsQn ts~?U S Iris Sampson (Seal) 5/ Howard w. SaQRgon ~ ~ S/ He1Qn D Saanson cs~?u ``~v ~ 541.40 ) State Reven~e ~ (?+aeNpss~oYedsasdg~olsaoa) 27 ~ 600. 00 ar,d the orm+rxe of the NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of said sum of i P~ covenants and agreemer.ta hereinaiter expreued, and for d~vers good and valuable conside+ations, by these {uesenri, does grant, bargain, sell, remix, release, convey and confirm unto the MORTGAGEE, its iucceuors and auiyns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St. 1'uCi@ and State of Florida, dewibed ~a follows: Lot 14, Block 112, 1.AI~WOOD PARK, UNI2 9, as per plat thezeof on file in Plat Book 11, pages 27, 27A thzough 27D, of the Public Records of St. Lucie County, Florida, _ N ~ STAT~ ~F F'LORit]A ~ } ~ OO~UMENTARY STAMP ~ TA X ~ DEPi. QF REYE/IUE ~ ~ ~ . = P~ _ ~~a~T13 ~ ~ - = 4 i. 4 0 ~ : ' . o = n ~ o: , ~ ~ f - f E ~.S 1' ~ IN PA1fMENT OF TA~ ~ RECEIVED e g~'C' INTANGIBLE PE7S0'•i.al PROPERIY~ ~ ppRSUANt i0 CHAPTER 71-134. A~7S OF 19/1. ~ {~ER POITRAS ~ p.ERK CIRqlIT CalRT~ ST. LUCIE 00, flA. ~ ~ogether with all and singular the tenements, Mreditaments and appurta~ces thereunto belonging w in anywise +ppertaining thereto, and sfl ~enb, issues, p.oceeds and profits acvuing sred to acuue from said premises, all of which are included in the abovs +nd fwegoing dewipYan +nd Mbendum• TO HAVE AND TO HOtD the above dewibed and grantcd premises unto the said MORTGAGEE, its succe:so?s ~nd suigns forever. Md tFw said MORTGAGOR for -~~~~L---- heirs, e?tec~tors, administratws and assigns, hereby covenanri with the said MORTGAGEE, its sutcesw~s ~nd assipro. ~ rhat aY~ - lawfully uized of the said premius in fee simple; that the same sro free, ckar and diuhsrged from all liero and encum~ ~ brances in law w in equity, and that they W~~~ their hein shall wsrrant ~nd defend the titk to the same to the s+id ~ MORTGAGEE, its succezsors and assigns, fwever against the Iawful claims and demands of all perwm; ~ PROVIDED, ALWAYS that if the MORTGAGOR ahall pay unro the MORTGAGEE the promissory note hereinbefore destribed and shsll truly, promptly and fully perform, discharge, execute, compkte, comply with and abide by each and every the ttipulations, agreements, conditions and coven~nri of said promissory no!e snd of this Mortgage, then this Mwtgage ~nd the Estate hereby created shall ce~se and be nu11 and void. IT IS UNDERSTOOp that the word "Mortgsgor" whether in the singular w plural snywhere in this Mwtgsge, shall be singul~r if one only and t~ shatl be plursl joiMly and severally if more than one, and that ti~e wwd "their" as used snywhere in this Nbttgsge ihall be taken to mesn "his," "hen;' or "its;' whereve? the context w~mplies o? admits. Also, thst wherever there ii a reference in the covenants and sgreements here~n contained to ~ny of ' the partiea hereto, the same ihall be construed to mean as well as the heirs, legal representatives, successon ar?d assignt (either volv~tary by act of th~ ¢ parfies or involuntary by operation of the Iaw) of the same and that the covenants hereio contaioed shsll bind and the benefits and sdvantagq irwr~ 3rt ro the respective heirs, legal repreientatives, succeswrs and au~gns of the partles Ixreto. ~ And said Mo~tgagors, for themselves and their heirs, legal representatives, successors sr?d ~uigns, hereby jointly and severally covenant snd ~yree ~ to snd with the said MORTGAGEE, its succasors and assigns: ~ k: 1. To pay dl s~d sirgulsr the principal and interest and the variovs snd wndry sums of money payable by virtue of said promissory note, and thi~ ~ mortgsge, each snd every, promptly on the dayt respectively tFro same sevenlly become due. ~ 2. To psy all and iu+gulu the tsxes, sssessmenri, levies, liabilities, obligations and erxumbr+nces of every n+hne aod kind now o~ said dewibed s'°.c"~ property, w that F?ereaftcr rrwy be impwed, suffered, plxed, tevied, or auessed tixreon, or that hereaftet may be levied a uaeased ~pon thia Mwt¢ ~ age, w the indebtedness securcd F~ereby, exh and every, when due +~d payable, accordinp to law, befwe tFxy become delinqueM, and befwe interest ~ atroches w any penalty is incurrcd; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiLY SATISfIED AND OISCHARGEO OF RECORD AND THE ORIGI13Al OFFICIAI DOCUMENT {SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATfSfACT10N PAPER OffICIAItY ENDORSED ~ CR CERiIfIEO) SHAtI BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; snd in the eve~t that ~ny thereof is not paid, sat'sfied and discharged sa'd MORTGAGEE may at any timt psy the same w any part thereof withovt waiviny a affetting any option, lien, equity a ~~qht vnder w by virtue of this mortgage and the (ull amount of esch and every such psyment sh~ll be immcdiately due and psyable ~nd shall beu intereit ~.om the date thereof umil paid at rate of nine per centum per aruium and together w~th such interesy,~r I ~y~] ed by t~•~`Jj~ h:s morgtsye. 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