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HomeMy WebLinkAbout2264 ti~ ~b ~1 V 1HI5 INDENTURE. IN~d~ the l sth day of J~1fl@ ~ ~ A.O. 19__t_.~ between Williao R. Sasason and Bonita G. Saopson, his wifQ ANO How~rd (d, S~~qpn s.n~ Helen D. Sa~nsor. his wife AND B~erson G. Sa?~pson and Iris 2. sa~j~son~ ~,i~ rif., of $t. T.11C1~ ~_ry Cp~nty Florid~, F?HeinaitN desi9nated +s tRe "MORTGAGOR," and ~IRSi FEDfRAt SAVIMGS AND lOAN ASSOCIATION OF FORi PIERtE, • corporation wp~n;zed ~nd exis~inp u~der ~M la,~n of tM Unit~d Sta~~t of Americ~ ~nd Mving it~ priocipal place of buuness in ths City of Fort P;erce, St. luci~ Couny, fbrida, hereinaiter d~a~yoa~~d as tM "MORTGAGEE." 2? 200 00 ' WHEREAS 1M MORTGAGOR is juitly indebt~d ro th~ MORTGAGEE io the sum of = + • , good and lawtul money of the Unlted Stafes ad~anced by the MOR)GAGEE unro the MORTGAGOR, as evidenced by a cat~in promissory note oi even date herewifh, of which 1M following in ~ ww s and figures is a trvs copy, to-wit: i 3 27~Z~.~ ~ ~ 1~2~O~A ° fort Pierce, fforida. JUre ~S 19_2.~ fw value received, 1, we w eitiror of us, promise to pay, withoUt defalcar~on, to the order of FIRST FEDERAL SAYINGS ANO LOAN ASSOCL4TION OF FORi PiERCf at Fwt Pierce, Flwida, the sum of S 27 ~ 2~ with inte+es? fiom date ~t the rate of ~~96 per annum, in monthly ins1s16 ~ ~nents as follows: S 2~ o~ tlx Z~h day of ~pteaber , ~q 73 snd a like sum o~ the carespor:d~~g day of each month therr ~ aiter until the whole be fully paid. . Each +nstailment first shall be applied in payment of the i~terest and ~hen o~ the unpa~d balance of ~he princ~psl sum. If default is made in the ~ payment oF any installment when due, a~d such default co~t3nues 30 days, then at the option of the ho{de?, and without any other notice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole w in part al eny time without penalty. Neithet fotebear~nce, \ no. acceptance by the holder thereof afte~ s~y default i~ any payments hereon, shall be deemed extension. A late payment tMwrge of S_ 10.30 ~a~~ y~ ~ C added to each instaltn-.ent remaining unpaid 7 days after its dve date,.and a like s~m shall be added to each such installment remaining unpaid 7 dsys after ~ each succeeding payment date. - Euh makm, surety and endusen c~reof, jointiy and severally, waives demand, presentment otest and ~otice of rotest fw non a rees to an extension of ?ime of ~ P PeYrnent, and furfher 9 Y payment, either before or afrer maturity, without not~ce to any of us; an~ to pay all costs of collection, includ~nq a ~ reasonabie attorney's fee in the evr.N of sny default hereunde~, ar+d hereby ssvc+ally waives all benefit of homestead and exemption under the constitution v and laws of each Siate of the United States, aa against this obligafion w any exte~sion or ~enewal hereof. ` Witness the hand and xat of each party. ~ x S/ fiaerson G. Sab son (Seal) S/ Willias F. Sa~tpson cs~AU v S Iris T. Sa~pson (Seal) S/ 8onita G. Saa4son ~u ~ S/ Howa~r d W. Sas~ son ~ $40.80 S/ Helen D. Sa?~paon ~ t ) s+are aeven~e _ (i?sq+siMllwtlu~ass~Ig/r~iR'A~) ~ J 27 200 00 NOW, THEREFORE, the MORTGAGOR fw tF~e purpose of ucuring payment of said svm of t f • and the perfwmance of the covenants and agreements hereinafter ezpreued, and for dive~s good and vsluable conside~ations, by thess presents, doe: grant, bargain, setl, remise, refease, convey and confirm unto the MORTGAGfE, its successors and aui~ns, el! fhat cenain bt, picce or pucel of land, situate, lying, and beiog in the County of St •~C iQ and Sate of Fbrida, deacribed es follows: Lot 13, Block 112, LAKEWOC~p PARK, UNIT 9, as per p2at thereof on file in Plat Book 11, pages 2~, 27A through 27D, of the Public Records of St. Lucie County, Florida, ~ STATE ~F FLOR1~~ ~D ~ ~ ~"p~~'°~~~ % ; 2 ~ DOCUMENiARY,~=..,., STA M P T A~~ Dl~ ON CU1SS'C ~NTAN8~8~ PERSON~I P90?ERtY, ~fPT.Of RfYENUE, ~ P(JR$(IAI'IT TO CHAPTER ~1•134. AC7S Of ia/1. y~f~- -+r _ ~ ~ RQ('t~ PDITRAC ~ P~ _ ~~~2T'73 • B~~ CIERK CIRCUIT COURT, Si. LUCIE 00.. Fi1l / ~ d =:t~42 , togethcr with all and singvlar the teneme~ts, hereditaments and ~ppurtances thereunto belonging w in anywise sppertaining thereto, and ell rents, issues, proceeds and profit~ accruing and to accrue from said premises, all of wK~ch are included in the above and forepoing descripYan and habe~dum. TO HAYE AND TO HOtD the sbove desaibed and ranted ~ g premises unto the said MORTGAGEE, its wcceuws and suigr?s forever. Aed tM s~id ~ htiORTGAGOR for their ~~~s, executas, adm~nistratws and assigns, Ixreby covenants vrith the said MORTGAGEE, its successors ~nd ~ssgro, rhat - th~ lawfully seized of the said prcm~ses in fee simple; that the same ue free, clear ~nd discharged from all liens ~nd encvm~ brances in law or in equity, and that thev w;~~ a~ their hein ihall warrsnt and defend the title to the same to fF~e ssid !VIORiGAGEE, its svccessws and auigns, forever against the lawful claim.s and demands of all perwns; PROVIDED, ALWAYS that if ti?e MORTGAGOR shall pay umo the MORTGAGEE the promiuory rate hereinbefore desuibed snd thall trvly, prorr.ptly and fully pe~form, dixharge, execute, compkte, comply with and abide by each and every the stipulations, agreements, conditEons ~nd covenants of ssid promissory note and of this Mortgage, then this Mwtgsge and the Eatate hereby veated slwll ceass and 6e null and void. € IT IS UNDERSTOOD that the wwd °Mortqagor" whetF~er in the singular a plwal anywhere in tF?is AAortgage, shal) be singvlu if one o~1y and e shall be plural jointly and severally if more thsn one, and that the word "their" as vsed anywhere in this Mortgage shall be take~ to mesn "his;' "hen;' or "its;' whereve? the context so implies w admits. Alw, that wF~erever there is a reference in the covenants and agreements herein contained to sny of the parties hereto, the ssme shall be construed to mean as well as tF~e heirs, tegsl representatives, succeison and auigns (either voluntary by ~ct of the parties or involuntsrv bv operatan of the Isw) of the ssme and that the covenants Ixrsin contained shall bind and the benefib and advantages inur~ . to the respective heirs, Icgal representarives, successors and au~gns of the parfies hereto. And said Mongagors, fw th~mselves and their fiein, legal representatives, successws snd suigns, hereby jointly and severally covenant and agree ~ii i to and with the said MORTGAGEE, its successors and assgns: ~ i. To ~ pay all and si~gvlar the principal and interest and the various and sundry sums of money payable by vi~tue of said p?omissory note, ~nd this mortgage, each end every, promptly on the day~ re~pect;vely 1Fx same seve~stly become due. 2. To pay al! and singular fhe bxes, uussments, levies, liabilities, obligations and encumbrarxes of every n~ture and kind now on s~id described t..~ ' property, or that hereafter may be imposed, suffered, plxed, kried, a sssessed tFxreon, q that Ixreafter msy be levied a assessed upon this Mortp- j age, o~ the indebtedneu secured hereby, e~ch and every, when dve and payable, xcadirg ro law, befwe !i?ey becoms delinquent, snd befQre any interest ~ attaches or any penafty is incurred; AND INSpFAR AS ANY THEREOf IS OF RKORD TNE SAME SMAIt BE PROMPTtY SATISf1ED AND DISCHARGED OF a~ , RECORD AND THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACiION PAPER OfFIC1AllY EIVDORSED Om. O~ CER7lFlED) SHAII BE DLACED 1N THE HANDS OF SAID MORTGAGEE WITHIN 1EN DIiYS NEXT AFTER PAYMENI; and in the event that any thereof is not ~ paid, sat'sficd and discharged sa'd MORTGAGEE may at any time pay the same a any parf thereof without waiving w a(fetting any option, lien, equity or •~~ht u~der or by virtue of this mortgsge and the full amount ot each and every iuch payment sF~all be immediately dve and payable and shall besr interest - ~~om the date thereof until paid at rate of nine per centvm per annum and together w~th suth interesl shall be secured by the lien of th:s mwgts9e. t y ~ ~ ~ _ . ? ~ ~ ~ ~ ~-e~,{ ~r ~ ~[`~.71~~V" C.r }~~e-k 1}. . ' r~ S'~1Y',"-Khr ~k~ .?.L ~T`~s~'~" _ . . . _ ±i.~ mx.~:'-ar~~'i ~ ~.'ffi..s