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HomeMy WebLinkAbout2525 ;~s~szs ~C ~HI N EN U E, ds the lsth day of • ~ A.D. 19 73 between _ ~l~~~ric~ IZirk an orothy R. t irk, his wife of _ St . Lucie ~ Cp~nry Florida, hCrei~afte~ designated as Ihe "MQRTGAGOR," and FIRST FfDERAI SAVlNGS ANp LOAN ASSOCfAT10N OF fORT PIER~E, a corporatia? oryan;:ed and exisGng undar the laws of ths Unittd Sfat~s of Ame~ita a~d havtn9 iri principal place of business io ths City of fwt Pierce, St. lucie County, Florida, hereinaher dei~gnated aa the "AhORTGAGEE:' WHEREAS Ihe MORTGAGOR is juftly indebted ro the MORTGAGEE in the sum of s 14 , good and law(ul money of 1he Un;ted Srates advanced by the MORTGAGEf unto the MORTGAGOR, as evidenced by a certain promisswy note of even date here„vith, of wh[ch tfie iollowing in word~ snd f~''Q ures is a true copy, Io-wit: = 14 ~ ~1J~1. n0 ~ in~2~~21 Fort Pierce, flwida, Jut~e 15th 1973 For va~ue received, 1, we or eithe~ of us, prom~se to pay, withouf defatcarion, to the order of FIRST fEOfRAI SAVIf3GS AND iOAN ASSOCIATIO~1 OF FORT PIERCE at Fwt Pierce, Florida, the sum oi s_~4L~~~• w;th inreiest irom date at the rate of8 •~_°e per annum, in moNhly irutall- ~nents as t<yMOws: S~.QQ- on tF~e2Qf~l day of .~U~L , 19 73 and a like sum on the corretpond~ng day of each month there- atrer uo~il the whote be fully paid. Each installment first shall be applied in paymenl of the interest and the~ on the unpa~d balance of the p~inc~pal sum. 1( de(ault is made in The ~ payment of any insta~tment when dve, and s~ch defavlt continves 30 days, then at tbe option of the holder, and withoui any atfier notice, all the remaining ~+,stallmeMS shall be due and payab:e at once. Privile9e is given to prepay this note in whale or in part at any time without penahy. Neithe~ faebearance, nar acceptance by the ho!der thereof after any default in any payments hereon, shall be deemed eztension, A late payment charge of SS • 9O , shaN be added ro exch insra~lment• remaining unpaid 7 days after its due date, and a Gke sum shall be added to each such instaltmeN remaining unpaid 7 days aiter each succeed~ng payme~t dare. Each makeey surety and endo+ser hereof, jointly and severafly, waives demand, p~esentment protesl and no~ice of protest foi nonpayment, and further agrees to any extensio~ of time of payment, either before w aiter maturity, withouf not~ce to any of us; and to pay all costs of collection, includ;ng a r~-ascnable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homea~ead and exemption under Ihe ta+slitut'an and laws of each State of the United States, as against this obtigation w any extension w renewal her~of. Wit~ess the hand and sral of each party. /s Wil rid K'r ( 2 1• n~ 1 State Reve~ue ' ;STamps canceited on original rate) NOW, TNEREFORE, the MORiGAGOR for tfie ur 14 ~ nnn . OO p pou af sccuring paymcnt of ssid sum of S and the perfwmarxe of t covenants and agreements he~einafter expressed, and fo~ divers good and valusble conside.ations, by thex presenes, does grant, bargain, tetl, remise, re(ease, convey and conf~rm unto the MQRTGAGEE, its succeswrs and ass~gns, all tha~ certain lot, piece a psrcel of land, situate, lying, and being in the County of St . I- UC 1@ , end State of Fbrida, dexribed as ~ollows: The :~lest 1/2 nf I.ot 15 and all of Lot 16, Block 8, MARAVILLA PLAZA SUBDIVISION, accor~iing to the nlat recorded in Plat Book 5, Page 44 of the ~ Public Records of St . Lucie County, Flori~ia, STAT FLORltQt~: ~ ~ COCUMENTARY~:.. SIA~~`?: t ' r JEPI.- U R ENUE ~ ~ i ~r v - _ - : . ` 2 Q 0 ~ ~ ~ ~C MQ'M~6?BtF?NaE 9pN~ ~ ~ _ _ - .;,~'ly'73 • ~ " M Pe. ~ ` P!l~IMM TO 7 1 P~OP~Yi ! _ ~ ~ti::2 ° j' 34. ACIS OF 19) - ~ PoR~ L ' ~ - CIRCl11T OOURT. S?, Li1Ctf L10 ~ , i i ~ k E i rogether with all and singular the tenements, hereditaments and appurtances thereunto belonging or in snywise appertaining thereto, and all rents, iuves, ( pr«eeds and profirs accrui~g and to accrue from said prcmises, all of which are included in the above and foregoing dewiptan and habendum. TO HAYE AND TO NOID the above described and granted prcmises unto the ssid MORTGAGEE, its s~ccessors and auigns forever. And tFN said i MORTGAGOR for heirs, executors, administrators and assigns, F~ereby covenants with the said MORTGAGEE, its tuccessas and assigns, r ~hat th~X-~-- lawfully se~zed of the ssid prem~xs in fea simple;_that the same~are free, ckar and discharged from all lie~s ~nd encvm- i brance~ in law or in equ~ty, and that t hev N,i11 and t he i r heirs ~hall warrant and defend the title /o the ame ro the said MORTGAGEE, its successors a~d asz~gns, fwever againse the lawfu! claims and demands of sll persons; : PROVIDED, ALWAYS that if Ihe MORTGAGOR shall pay unto the MORTGA6EE the p?omiuory note hereinbefwe dewibed sr+d shall truly, promptly ' and fuify perform, d~scharge, execute, complete, comply with and abide by each and every the stipulstions, agrcemenfs, conditions and covenann of ia~d promissory note and of ~h~s Mortgage, then this Mortgage and the Estate hereby created shall cesss and be null and void. IT IS UNOERSTOOp thst the word "Mwtgagor" whether in the singufar or plunl snywhere in this Mwtgage, shall be singular if one only and ~ shall be plural jointly and severally if mo~e than one, and that the word "their" as used anywhere in this Mortgsge shall be tsken to mean "hii;' "hen,'" or "its," wherever the con!ext so implies w admits. Also, that wherever there is a reference in ti~e tovensnts and agreements F?erein conuined to any of • ; +he pa~ries hereto, f't~e same snaii oe ew~si~ue.,' -~a.^. as ~:e!! as !he h•_i.s, leaal reweuntitives, successo?s and assigns (either voluntsry by ~d of tha ; parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits aod adva~tagp ~nv~e ro tFx respective he~rs, tegal representatives, successors and ass~gns of the parties hereto. ~ And sa+d AAortgagon, lor ,themsetves and their heirs, legat representatives, successori and sssigns, hereby joimly and severally covenant and agree = to and with the said MORTGAGEE, ~ts succeswrs and assigns: ~ 1. To pay stl and singular the principal and imerest and the vario~s and sundry sums of money payable by virrue of said prom~ssory note, and tbis ~r mortgage, each snd every, promptly o~ the days respectively the same xverally become due. .r••i - 2. To pay all and a~rgula? the tsxes, asussments, levies, iiabilities, obligations and encumbrances of every nature and kind now on said deuribed ~=.t ~ oroperty, w that hereafter may be imposed, s~ffered, plxed, levied, or auessed thereon, w tF~at hereafter may be tevied o~ asseued upon tkis AAortQ- ; age, w the indebtedness secured hereby, each a~d every, when due and payable, utording to law, before they become delinquent, and befwe any interest ~ 3 arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORb THE SAME SHAIt BE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGItvAI OiFIC1Al DOCUMENT {SUCH AS, fOR INSTANCE, THE TAX RfCEIPI OR THF SA715fACTION PAPER OFFICIALIY EN~ORSED ~ OR CERIIFlFD) SHAIL BE PIACED IN TNE HANOS Of SAIO MORTGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENT; a.+d in the event that any thereof is no? pa~d, sat'aficd and discharged sa'd MORTGAGEE msy at any time pay the same or any part thereof without wniving or affecting sny option, I"srn, equity or ~+qht under or by virtue o( ~his mortgage and the ful! amou~? of each and eve~y such payment shall be immediately due and payable and shall besr inte~est 3 j~om the date thereoF until pa~d at rate of n~ne per centum per annum and togt~her w~th such interest shall be secured by Ihe lien of th's morgtage. i - , ri . _ . - ~ a~-1~