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HomeMy WebLinkAbout2715 25~964 ?HIS INOENTURE. Mad~ th~ '28th . d~y of `T~e ~.o. ~v~3 „ belween Richa?rd A. Holass and Pa~ala Holses, h s w o of t• L1~C~• ~ Cp~~~y Flwida, MreiMfta dt~ignared ~s fhs "MORTGAGOR," and FIRST FEOERAI SAVINGS AND LOAN ASSOClATlON Of FORT PIERCE, • corporation wp~nized and exiuirg u~tle+ tM laws of tM United Stat~s of America and haviny iri principai plue of buiiness in tM City of Fwt Pi~rce, St. luc~ Cou~ty~ Flaid+, henioafttr deii9nated ~i Ih~ "MORiGAGEE." WHEREAS fM MORTGAGOR is ju~?ly indebled to tFr MORTGAGEE in the sum of = 2614~~ ~ , qcoJ and Iswful ma~ey oi the Unlted Srates advanced by the MORTGAGfE un~o ths MORTGAGOR, as evide~ced by a certain promisswy nots of even da~e herewith, of wh~ch tha foi~owiny in wwds ~nd f' ures ii a trus copy, to-wit; = 26,40~.00 ~ 100~0106 ~ fwt Pierce. Flaida. `j~0 ~ lq 73 For value received, t, we or either of us, prom~se to pay, without defalcarion, to the ordcr of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Flo~ida, fhe sum of s26~4~~~ with interest from date at the rate of 8'~ °.~o per annum, in monthly install- mrnts aa toltow~s: S 2~~~ on the day of ~1xst , 1q 73 and a iike sum on the cwresponding day of each mo~th there- afrer ~ntil the whole be fully pa~d_ Each installmeM firsf shall be applied in payment of the interest ~nd then on tF~e unpaid balence of the p~inNpal sum. !f default is made in Iha payment of any installment when dva, and such default continues 30 days, the~ at the option of the holder, and wi~hout a~y other notice, all thc remaining ~nstallrr~ents shall be due and payable at once. Privilepe ii given to prepay this note in whole or in part at any t~me without penshy. Neith~r forebear~nte, nor acceptance by tlx holder thereof after any default in any payments hereon, shall be deemed ex~ension. A tate payment charge of j_l~_! ~2O shall bs added to each instailme~t remaining u~paid 7 days aftar iri due date, and a like sum shall be added to each such installment remsini~g unpaid 7 days after each succeeding payment.~ate. Each maker, surety and endorser hereof, jointly and uverally, waiva dema~d, presentment protest and notice of p~otest fw nonpayment, an~! fu~tFxr , agrees to any extensiwi of t~me of paymeM, either before a afte~ maturity, wirhout notice to any of us; and to pay all costs of collect~, irx~ud;ng s reaso~able attwney's fee in the event of any default hereunder, and hereby severally waives ell benefit of homestead and exemption undet the const~tution and laws of each State of the United States, as againit tl~is obl~gation or any extension or renewal hereof. ~ Witness the hand and seal of esch party. - _ (SEAI) , ' _ . _ s/Richa?Yd A. Holnes ~i~ ' cs~?u s/Pa~ela Nolees csEwu ' 4 $39.60 ~ State Reveoue • ' t~*an+pretn~a?~reire?9nrn~el . , NOW, 7HEREFOQE, the MORTGAGOR fw the p~rpose of tecuring p~yment of taid sum of S 26 ~400~ OO ~ and ths performance of tM covenanti anci agreements heteinafta expreued, and for divers good and valuabl~ considentions, by these p.eseon, does grant, barga;n, seU, remise, retease, convey and ~~:irrtL unfo,te MORT6AGEE, iri successors and auiyns, sll th~t certain bt, piece or parcel of land, situate, lying, and being in ths County of L1iC3 snd State of Fbrida, dewibed ~s followt: Lot 13~ Block "N"~ MARAVILLA BSTATBS, according to !he plat th~reof as recozded in Pla! Book 8 at page 77, of the pablic Records of St. Lucie County, FloYida r STATE ~F FLORIDA ~ o= ~ DOCllMENTAitY,s~`~~STAMP iA~ ~ ~ JEPT. OF REYENUE • ` ~ ~ _ = Pa - ~J~ -~~~s ~ - - 3 9. 6 0 ~ " _ ~oz ~ ~ I~M~ S ~ • ~ ~ ~ ~PR~OPERi~~ ~ ~ q~g ~ 1NTIW~ ~ : ~ ~p ~IpTE1t li•I~t. ~ Of 147L/~j~'~~ i ~LDIK ~ ~~'~~E 00. N~ v i ! ~ f rogether with all and sir.gulsr the tenements, hereditaments and app~rtances thereunto belaginy or in anyw'rse appertsining fF?ereto, and all renb, iuues, ` proceedt and profi» scavirg snd fo accrue from said premises, all of which a~e included in the above a~ foregoing deuription snd habendum. i ' TO HAVE AND TO ~LD the sbove described and gr~nted premises unto ths teid MORTGAGEE, in successws and ~uigns fueva. And th~ s~id C MORTGA~'iQR~~ ~e e r heirs, executwt, administratas ~nd sssigns, hereby covenants with the said MORTGAGEE, its successws ~nd ~ui~ro, i rhat L~l lawfvlly xi:ed of the said premius in fee simplr, that the same are free, clear ~nd dischsryed from all tiens ~nd ~ncwm t brances in law o? in equity, and that thQV W~~~ a~ their hein shalt warrant and defend the title to the same to the said MORTGAGEE, in sutceuors ~nd suigns, forever sgainst the lawful claims and demands of all penons; ; PROV1Df~, AlWAYS th~t if tf~e MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore dewikxd ~nd shall truly, promptly ; and fully perform, dixMrge, execute, complete, comply with and abide by each and every the stipulatiores, a43reemenb, cond~~ions •nd corenann of uid promissory note and of this Mortgsge, then this Mortgage snd the Estate he~eby ueited shsll ceass ~~d be n~ll ~nd void. IT IS UNDERSTOOD tMat the ward "Mo?tgagw" whether in the singular or plu~al a~ywhere in this Mortgage, shall be sirgul~t if one only ~nd ; shall be plurat jointly ~nd severally if more than one, and that the word '9heir" ai used anywhere in this Mo~tysge shsll be taken ro mean "his;' "hen;' ` or "its;' wherever the tontext w implies or admits. Atso, 1fNt whereve~ there +s a refartrxe in tha covenants snd agreemenls herein tonfained to sny of ' the puties hereto, the s~me shall be corutr~ed to mean at well as ths hein, legal repraentstives, successors and sssgns (either voluntsry by aq of the ; parties -o~ involuntary by o~xration of the I~w) o( the same and that the covena~ts herein contained shalt bind ~nd tba benefiti and advsnt~Qes Inwe ~ ro the reipective heirs, kgd repreuntatives, svccessors and su~gns of the p+rties hereto. ~ And said Matgsgors, fot themselvea and their~Ae~rs, iegai repreunTeii.es, s~i~:::,:; _«:b ~eze~; ;^~r.~~~ a~ •~verally covenant ~~d spree ' to and with the ssid MORTGAGEE, its successort aod sugns: - ~ " 1. To pay all ~nd singul~r the principal and imerest a~d the various •nd su~dry sums of mw~ey psyable by virtue of ~aid p~omissory nofe, ~nd thi~ ~ matgsge. uch and every, promptly on the days respectively the s~me severally become dwe. 2. To pay ~11 and singular the taxes, auessrteents, levies, lisbilities, oblgatans snd encumbr~nces of every r?ature +nd kind now on said dewibed propaty, w tMt F~ereafter m~y be imposed, suffered, pt~ced, levied, w~ueued thereo~, or tMt hereafter may be fevied w sssetsed upon this INort~- s age, w the ir?debtedneu secured hereby, e+cl~ and eve~y, when due ~nd psysblt. +ccwdinp to I~w, befwa fhey becort~e delinquent, ~nd before any intereit attaches or any pena~ty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAN1E SHAII BE PROMPTLY SATISfIEO AND DISCHARGEO OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSiANCE, Tllf TAX RECfIPT OR 1FIE SAT15fACTION PAPER OFFICIAIIY ENDORSED ~ OR CERi1FtED) SNAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any thereof is not paid, sar'sfied and discharged sa:d MORTGAGEE msy at sny time psy the ume o~ sny part thereof without w+iving or a(fectiny any option, liert, equity p •~qht unde? or by virtue o~ rh~s mortgage and the fuil emount af each and every iuch payment shall be immediately due and payable snd shall bear interest : ~•om the date thereof unt+l psid at rate of nine per tentum per annum and toyether w:th s~ch intere 1 sreured by, tof th:• mwgt~9e, _ ~ ~ ~ ~~3 ~ .