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
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