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HomeMy WebLinkAbout2284 25'7681 `1 THIS INDENTURE, Mad~ th~ 15th d,y of JunQ a.o. iv~Z3. ~~W~, Willisn F. Sa~pson and Bonita G. Saiapson~ his wif~ and Hoxard W. Sauo~son4,a?nd _ H~2en D. Sa~pson, his wifQ AM fiaesson G. Sanpson and Izis„r;~ Saii_pson, his wife of St • LuCi@ Cpinty flcrida, htreinalta de~ignstcd as !As "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN ASSO~IATION OF FORT PtERCE, • corpwation or~~nized and exi~tirg under the laws of ths United St+t~s of Americ~ and Mvinp its principal plec~ of buunsu in ths City oi fwt Piace, St, l~cie County. Ftorida, hs.einafter deii~~ated a~ ti~ "MORiGAGEE." WHEREAS th~ IVIORiGAGOR is ju~tly indebted ro tM MORTGAGEf in ths sum of S 28~.4~a.Q.Q_ , good and lawful money of the Un~tcd STates advanced by Ihe MORTGAGEE unto the INORTGAGOR, as evidenced by a cer~ain prom~sswy note o( even date herewith, of wh~ch Ihe followinp in wordt and figures is s trw copy, to-wit: = 28, 400.0p ` r,~, 10020032 fwt Dierce, Florids, June 1 S ~y~_ ~ For value ?eceived, 1, ~ve w eifher of us, promise to pay, without defalcation, to the order of FIRST fEOERAI SAYINGS AND LOAN ASSOCIATION Of ~ ~ FORT VIERCE at Forf Pierce, flo~ida, the ivm of S 28, 4~~. ~ w;th interes~ irom date af the rste of T•7~ per an~um, in monthly ins?all- men~s as tollows: = 215. ~ on the Z~h d+y of S6pt@mb@! lq 73 and a like ium oo the cwrespond~ng day of each month tF?e~e- ` aher unlil the whole be fully paid. ~ Each installment first ahaii be apptied in payment oi the intere:t and then on the unpaid balance of the princtpa{ sum. If defevlr is made in the payment of ~ny instatlment whrn due, a~d such default continues 30 days, Ihen at the option of the holde~, and without a~y othcr notice, ~~I ttie remaininq ~ ~nstallmenfs shall be due and payabte at once, Privilage is given to prepay this note in whole w ie put a1 any t~me without penatty. Nelther fwebearaoce, nor acceptance by thc holde+ the?eoi a(ttr any defa~h i~ any.paymenta hcreon, shatl be deemed extension. A late payment charge of S 1O•75 ahaU bs ~ edded to each installmenf remaining vnpaid 7 days afte~ its due date, and a like sum shall be added to each auch installment ~emsining ~npaid 7 days ~fter ~ eaeh succeeding paymeM data ~ Each make~, surety and endorur hereof, jointly and severally, w~ivcs demahd, presentment ~ otest and notice of protest for nonpayment, and furtAer ~ agrees to any extension ot fime of payment, eilher before a after maturity, without not~ce to any of us; and to pay aiI costs of collection, includ~ng a _ reasonable attorney's fee in the evenl of any default hereur~der, and hereby severally waives all benefit of homestead ~nd excmptio~ under the constitution ~ and laws of each State of fhe United States, as against this obGgation or any extmsion a renew~! hc~eof, ~ ~ Witness the hand and seal of each party. S/ willia~ R. Sampson ~U ~ S/ Bserson G. Sanpson ~(Sealj S/ Bonita G. Saupson ~U ~ s/ Izis SaaEson (Seal) S/ Howazd w. 5a~~son ~i~ ` ~2~ _S/ He2en D. Sampson ~ ~ 60 ) State Re~eoue Z ca+~swwMeqla~sag~at~w~) ~ NOW, THEREFORE, the MORTGAGOR fw fhe purpose of ucvring payment of ssid sum of = Zg ~ 4~ ~ Q~ , ~nd the performance of ths covenants and ag~eements hereinafter expressed, and fw divers good and valuabta considerations, by these preunta, doea grant, barpain, setl, remise, release, convey and toofirm ~nto tAe MORTGAGEE, its succeasors and assigns, ell thal certain lot, piece or parcel of larsd, sit~ate, lying, snd being in the Counry of St .~11C1@ end State of Florida, described ~s follows: Lot 9, Block 112, LAt~W00~ PARK, UNIT 9, as per plat thezeof on file in Plat Book 11, pages 27, 27A thzough 27p, of the Public Records of St. Lucie County, Rlorida, ti r ~ STAT ~F ~1rOR~DA ~ o= ~ DOCUAAENTARY . STAMP 1Ak J ~1 ~ ~S ~ DEPt. Oi REYENUE ~ ~ ~ ~ - ` ..va21'73 s ~ ~ 0 ~ lp • ~ O ~ ~ P,B.' p ~ II1D2 ~ iN PAIMft'(i OF f~~" . . . . . ~ ~ ~UISS 'C ItiTAN61BLE PE~SOriAI PRU?ERTI. p~yR$tIANT TO CNAPIER 71-131. AL'7S OF ly/1~~ ~ ROGER POItRA-S CLERK CtRCU1T fAURT. Si. LUCIE CO.. rogether with all and singular the tenements, hereditaments and appurtances thrrsunto belonging w in anyw'ue appertaining therefo, and sll rents, iuves, proceeds and profits accruing and to acvue from said premises, all of which are included in the sbove snd fo~egoi~g description and hsbendum. TO HAVE AND TO HOtD the above desaibed and gnnted premises unto the ssid MORTGAGEE, its successon snd ~uigns forever. Md the s~id MORTGAGOR for tbeir heirs, exetutws, administrators and assigns, hereby covenanb with the said MORIGAGEE, its succeswrs and ~stgra, rhat - t~~-~Q-- Iswfully seized of the said prem~ses in fee simple; th~t the same are free, ck~r and dixharged from all iieru and encum- brances in law or in equity, end thst thev will and t~te2Z hein ihatl warrant and defend the title to f!u same to fhe said MORTGAGEE, its s~ccessws and assigns, fwever against the Iawful clsims snd demsnds of all penons; PRQVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefo?e desvibed and sh~ll trvly, promptly and fvlly perform, discharge, execute, compkte, comply with and abide by each snd every the stipulations, sgreements, conditions and covtnanfs of s~id + prom~:swy note and of ~~.is~yprrgage, then this Mortgage and the Estate hereby ueated siwll cease and be nvll and void. Ii IS UNDERSTOOD that the wwd •.Mwtgsgor•• whether in the s~ngular w plural anywhere i~ tbis Mortgsge, shall be singular if one only snd ` shall be pl~ral 'pintly and sever~lly if more than one, and that the word "their" as used snywhere i~ this Mortg~ge shafl be take~ to me~ "his:• ••hsn•• ~ s or "its," wherever the conte~ct so implie~ or admits, Alw, that wherever tbne is a reftrence in the covenents and agreemtnri herein contsined to ~ny of rhe oarties hereto, the same thall be construed to mean as well as the heirs, legal represematives, s~ccesson and auigns (either voluntary by act of tht parties or involuntary by operation of the law) of the same and thst the covens~ts herein conrained shal! bind and the benefih snd advantagp inwe ~ fo tl~e respective heirs, legal represe~tatrves, succesiws and su~gns oi ine pariies nereiv. t And said Nbrtgagors, 1or tixmselves and their heirs, legai reprexntstives, successors ~nd assigns, hereby jointly and severslly covenant snd aqree ~t to and with the said MORTGAGEE, its successws a~d assgns: 1. To pay all ~nd singular the principal and interest and the variovs a~d sundry sums of rraney payable by virtue of said promisswy note, and this ~ matgage, each and every, prompNy on the days respect~vely the same severally become doe. : 2. To psy all and ungular the taxes, ~sussmer.ts, levies, lisbi6ties, obligstions and encumbrarxes of every nature snd kind raw on said dew~ed ~ ~ p~operfy, w th~t hereafte~ msy be imposed, suffered, placed, levied, or assessed thereon, w that 1?ereafter may be levied or assetsed upon tha Mart ~ age, w fhe indebtsdness secured hereby, exh snd every, when due and payable, accuding to Iaw, befwe they bccome delinqvent, and before a~y inte~est attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF !5 OF RKORD TME SAME SHAII BE PROMVTIY SATISFIED AND p15CHARGEO OF RECORO AF1D TifE ORIGtNAL OFFICtAt DOCUMfNT (SUC11 A5, fOR INSTANCf, 1HE 7AX RECFIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED , OR CERTIflED) SHAII BE PLACED IN THE HAND~ OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in t1~e event thal any thereof is not paid, sat"sfied and d~xhargeu sa:d MORTGAGEE msy at any lime pay tF~e same or any part thereof withoul waiving or affecrirg any option, lien, equi a ~ Y •~qht under or by virtue of this mortgage and the full amount of each and eve?y such payment shall be immediately d~e and pay~ble and shall bear interest i• s' ~ ~~om the date thereof until paid st rate of nine per centum per annum and toge~he~ w~th such iMerest shall be sccured by the lien of th:i morgta9e. ~ ~ < - -r ~ ~ ~ ~ ~ ~ _ ~ ; .'~'~~"~=~__y'.' ^ ~ ~ ~ ~ . . 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