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HomeMy WebLinkAbout2274 25~76'76 THIS INDENTURE, Nl~d~ the Z5~ d~y of 'J~f - AA. 19 73~ belween ~ y t • ~ ~ , , Arb ~ W. All~n and Lue 11• All~n, his wi!• af St• j.1iC~• ~ County flwida. l+N~in~ft~? dtsiqn+ted as tF?~ "MORTG4GOR," and fIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF fORT PIERCE, s corporatio~ orpanized and ~z~~tinq unda th~ Iews of tM Unit~d St~tq of M»~ic~ snd havL+p iri principal pl~c~ of busin~ss in tM City oi Fwt Pi~ru, St. lvcit Cou~tyt florids, Mrtin~fttr d~tpnat~d ~s tM "MORTGAGEE." , 11 ~20~~~ and I~wfol money of the Un~tcd ~ WHEREAS tM MORTGAGOR is jwtly ind~bt~d to tl+~ MORTGAGEE in fF+e sum of i 9~d S~ata ~dvanced by the MORTGAGEE unto the MORTGAGOR, as evidencad by • c~rtain promiuory note of even d+te herewith, of which ths followi~p in 1, wordt and fiy~rK i~ a trw copy. towit: ~ 1~2~76 ~ 11 ~Z00~00 . w.~ P~~.. Fb.~a.. Junf as 197 Fa value received, 1, we or either of us. promise to pay, wi~hout defalca~ion, to the order of FIRST FE~ERAI SAVINGqS~ ANO LOAN /1550CIATION OF FORT PIERCE at Fort Ficr~e, Fbrida, the sum of :11~2~~~ with in+rrest irom date +t the rate of 8~2'~6 P~ annum, in monthly insul{- mems a(olfowr. =~t~ on t~~h day of ~ A~~t 19 73 snd a like sum on the cwrespo~d~ny day of each moroh tF~err after until the whole be fuiiy paid. i Each installment first shall be applied in paYment of ths interest snd then on the unpsid balance of the princtpal sum. If deiault is made in the payment of any in~tailment when due, and such default continues 30 days, the~ at the option of the hotder, and without any other notice, all the remaininy installments shall be due and payable at once. P~ivileye is given to prepay this note in whole or in pan +t anY time withw+t penaly. Neithei torebearance, nor sccepunce by the holder thereof after any defauh in any paymenb hereon, shall be deemed exteasion. A late psyment charge of ~ 4~ 8O sh+~~ be added to each installment remainirg unpaid 7 days aftet its due date, and ~ like sum shall be added to esch such instaltment remaining unpaid 7 days after each succeeding psyment date. ' _ Each maker, surery and endorun c~reof, joint~y and severally, waives demsnd, presentment {xotest and notice of protest for nonpayment, +nd further agrees to any extension of time of p~yment, either before or after maturity, without notice to sny of us; and to pay atl tosts of collection, inclvd~rq a reasona5k attorney's fee in the event of any defautt hereunde~, and F?ereby seve~ally waives all benefit of homestesd and exemption under the constitufion and laws of each State of the United States, as againat this obligation or sny extension w renewal hereof. Witness the hand and seal of each party. • cs~?u s A~cbie Mi. Allen ~sEnq csFwU s/Lncille Allea ~u ~ ~ 16 ~ 80 ~ State Revenus l6+s~ps'ew~Aled"'e~a~9t+NM ~aM NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of ~ il ~2~~~ ~od the perfwmaoce of ths covenanri ai+d apretmenri hereinafter expresud, and for divers good aod valwble consider+Yans, by these pres~v+ts, does grant, barpain, tell, remise, re~zase, co~vey and coniirm ~nto the MORTGAGEE, iri s~ccessors and ~ssigns, alt that certain lot, piete w putel of I~nd, situate, lyiny, and beinp in fhs Counry of $t. Ll~Cie and St~te of Pb?ida, dewibed as follows: ; i.ot 9, RIO VISTA, as per plat th~reof recorded in Plat Book 9, page 6, public ; records o~ St. I.ucie County, Rlorida,~ I - ~j ~ _ ~ ~ -STAT oF LORIDA STAMP T A x 1 00_~C1tMENTARY.~'~9t,.,._..------~' I r' GEPT. Of REYEMUE St g O I ~ ~ 'r = - ..:;;t2i'73 ~ ~ ' 6. ' ~ - ~ ~`n ~ PY- ..e` (,Q 1N P+~~^rt'Y~P~~7f?.r, a ~ 1 YE~;+A- 1~ ~ 111?2 ~ ~ ~ . . . . . AECE1VE0~~ INTAt1G18~E. . . ~ ~ ~ ~ ~ ~ ~t~~~n ~ ~ i;li l"~ ~ . & together with all and singular the tcnements, hcreditaments and appurtances thereunto belonging or in anywise ~ppert~inirg theroto, and all renri, issues, ; ~ prxeeds and profits sccruing and to acuue from sa'~d premises, all of which are included in the ~bove and fwegoing dewiptia~ ~nd halxndum. ! TO HAVE AND p ~pLD tM +bove deuribed and granted premises unto the said MORTGAGEE, its successon and +uiyns foreva. And tFr ssW s ~[1@1! i J450ATGA R fw hein, executors, sdmin+straton snd suigns, hereby covenants with tFw uid MORTGAGEE, iri successon and utignt, that ~ey a=e - lawfully uized of the ssid premises in fee simple: that the ssme ~re free, ckar u+d- d'ischarged from all liena and encwo- brances in I+w or in equity, and that th@y will and theiz hein shall wa~rant ~nd d~fend the title to the tsme to tM s~id ' ~ MORTGAGEE, in successors and auigns, fweve~ against the I~wful claims and demands of all penoru; ~ ~ PROVIDED, ALWAYS that if the MORTGAGOR sFull pay unto the MORTCaAGEE the promisso?y note hereiobefore destribed and ~Full truly, promptly ' and fully perform, diuharge, execute, comptete, tomp~y with snd abide by esch srtd every the stipulations, ~greements, conditiot+s ~nd sovenants of said i ;s promiswry note and of this Mwtgage, t}~en this Mortgage and the Estate hereby aeafed shall ce~se u~d be null and wid• ~ IT IS UNOERSTOOD that the wwd "Mo~tyagor" whether in the •ingular w plural a~ywhere in this Nbrtgaga, shall be sirgul:r if one only ~nd f~ shall be plurd "pintly snd severally if more than one. ~nd that the word "their" as vsed anywF~ere ie this Mortg+ge sh~ll be t~ken to mesn "his,•• •'hen;' ~ or ^its;.' wherever the context so implies or admifs. Alao, thst wFxrever there is s referencs i~ the covenants ~~d ayraements hetein oontained to ~ny of ~ :ix partiei hereto, the ssme shall be construed to mea~ as well as the heirs, leyal tepresent~tivet, svuessors snd assiyni (eilher wlunt~ry by act of the ~ parties w involuMary by operaYan of the law) of the ume and that the covenants herein contained shsfl bind •nd rF~e benafin .nd advant.~es inur. to tt~! ?efplCrive nein. ieg~i represeniaiivea, svcce»vrs a~Ri us=yiw J~ :nb p: ::8's :.a:846. 4~ Md said Mort s, for themselves and their F~ein, 1 al re eientstives, succesaort +nd au' ns, hereb intl and several{ covens~t and ree ~ g~gor eg pr ~9 Y W Y Y ~ ~ ~o and with the said MORTGAGEE, iri svccessors ~nd assigns: o. 1. T o p a y • 1 1 a n d s i n g u l s r t h e p r i n c i p a l s n d i m e~ e i t a ~ d t h e v a r i o v s s n d s u n d ry s u m s o f m o n e y p a y ~ b l e b y v i r t u e of said p romis s o ry note, a~d thia ~ a` mortysQe, e~ch and every, p?omptly on the dsys respectively the same ieverally become due. ~ 2. To p~y all and sin~ular tF~e taxes, asussmenn, levies, lisbilities, obtigations and e~cumbrances of every n+ture and ki~d now on said desuib~d ~ ~ property, a that hereafter may be imposed, wffered, pl~ced, levied, a auessed thereon, w that hereafter may be levied a~ueued upon this MortQ- ~ age, or the indebtedness secured hereby, esch and every, when due and payable, accwdinp to law, befwe they become delinquent, and before any interest . ~ arraches a any Exnalty is ir?curred; AND INSOfAR AS ANY THEREOf IS OF RKORD ?HE SAME SHAII 8E PROMVTIY SATISFIED ANO DISCHARCsEO OF o ~ RECORD AND THE ORIGINAL OPfIC1At DOCUMENT (SUCH A5, FOR INSTAPKE, THE TAX RECEIPT OR THE SATISfAC710N PAPER OFFICIALLY ENDORSED ~"4 OR CERTIFIED) SHAII BE PLACED IN THE HAND$ Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat"sficd snd discharged sa:d MORTGAGEE msy at any time pay the ssme or •ny pan 1Fxreof withovt waivi~g w affectirg any option, lien, eqvity or •~aht under a by virtue of this mortgage and the full amount of each and every iuch payrt+ent shall be immediately due and pay~bk ~nd shall besr interest x',; ~r~ the d~te thereof until paid at rate of nine per centum per ennum and together with such interest shall be secured by the lien of ti?:f mwytp~. ~ - _ : ~ . ry-:, ~ ~a ~ - - . ~ '~~r~.:.t p, + ;y ~ _ ~ v^s ~ r-~' ~.~w.'-``~ _ ~ ~ ~...r-~-~~#`~+s ~.>'~*;~=N .