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HomeMy WebLinkAbout0571 • ~~'s54~ . , ~ . THIS INDENTURE. Madt ~he ~~tF' day of -~'lr~' - A.D. 19r~~.. be~ween Pat~l J C`1~`r i~~: ~rid D<~1 e Cherie~ ~ hi c of ~t • _L1C'Lf? ~~~ty Flwida, herainafter deigna~ed as the "MORTGAGOR," and fIRST fEI~ERAI S~?vINGS ANO LOAN ASSOCIATION OF fORT PIERCE, • corporation wqani:ed a~d exi~ting unde~ tM law~ of tF?e United St~t~i of Amerita and having it~ prirkipal pl+ce of businsp in tM City of Fwt Pierce, St, lucie County, Florida, hereinaher desiqnarod a~ tM "MORiGAGEE." WHEREAS th~ MORTGAGOR it jus~ly indebted to ths MORTGAGEE in the sum of 9 ~ 3~~ . ~n good and lawful mc.:ey oi the Umted ~ Sfates advanccd by the MORTGAGEE u~to the MORTGAGOR, as evidenced by a certa~n promiss«y no~e of even date herewith, oi wh~ch the followin9 in ~•ords and f'~qures is + trus copy, lo-wit: _ ?n . . No,?.~n.nu.3.11 fat Pierce. Flaida, -~L2T1C' 26 , 19 7 3 Fw valve ~ece~vtd, t, we w either of us, promise to pay, without defalcatio~, to the order of FIRST FEDERA~ $AVINGS AND LOAN ASSOCIATION OF ?q ~(10 . (1C~ FORT PIERCE ai Fort Pierce, Florida, the sum of h • with interest irom date a1 the rate of ~~r96 pe? annum, in monthly inslal4 i ments as follows: S 22~~ Q~ on the 2~t•~ay of t~U~~t1St ~973_ and a like sum on the correspw.~d~ng day of each moroh there- efter until the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the prinupa) sum_ If defauh is made in the Hayment of any installment whrn due, and such default continues 30 days, the~ at the option of the hotde~, and without any other r?otice, all the remaining , ~ns~altments shall be due and payable at ence. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither faebearuue, ZZ.In nor acceptante by the hotder thereof after any defaub in any paymeMS he~eon, shall be deemed extensan. A late payment charge of Z ihall be added to each installment remaining ~npaid 7 days after its due date, and a like sum shall be added fo each such installment remaining unpaid 7 days after each succeeding paymenl date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of prolest fw nonpayment, and funher agrees to any extension of t~me of payment, either before w after ma~urity, without nor~ce to any of us; and to pay all costs of cotlenion, inctud~rg • rrasonable attorney's fee i~ tFie event of any defau~t hereu~der, and hereby seve~ally waives all benefit of homeslead and exemption under the conatitution and laws of each State of the United $tates, as against this obligation w any exfension a re~ewal hereof. _ Witness the hand and seal of each party. S/ Paul J. C~:eries ~~AU (SEAU S: Dale CherleS (Se~U $:i3.95 - ~U ta e I~Qvenve . ~fi~C 2~ ~ 3n0 . n~ and the rformance of ths NOW, THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of said sum of s P~ covenants and agreements hereinafter expressed, and fw divers good and valuable cauiderations, by theu presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its succeasors and assigns, all that certain b1, piece or parcel of land, situate, lying, end being in the Counry of S~. I-11 C 1 C' and State of Ftorida, dewibed as follows: ' . , ~ Y ' 'r T~~ T a i~T ~1~1~ EJ~tTES i'r~IT 7 i]S -~er Ic1± ti1CiCOf 03? ~1~E' ~ _ ~ 1~~ZOC.r: ~ a • ~ ~ , ~ F".ar R_n~~k ]n, c~~~e~~ ?5; ~f •-~~zh1 ic records of S+ . Luc~ ~ County, E'lorida. ~ i i ~ ; i ~ ~ „i 4 o TATE oF ` ~ U ~ OCUMENTARY., ~~"0~,~~ I ~ ~ Q DEQi.- o~ nuc~;-• ,.~~Stan~P ~ax I 6~ . ~ _ . . , ~ - - .:r11C7~ ~ . s ~ ~ ~k cAVMENj OF SAYt. ~ ~ =~i oi 4 3. 9 5 ~ -E;,?~t~ 3-°'f---"_ PE`~;t~Al PR~ERI~. ~ ° GH ry}p,~ •G. ~ ` R ~i8 ~ ~r S G~ l911. ~ ~ U•~E RA.~ PUR~ ~pGFR : IT GOURT• St. L~IE~ ~GOy.• f1A i ~ • ~RK ~Oz~'"" together with all snd singular the tencments, hereditaments ~r.d appurtances thereunro belonging or in anywix sppertaining thereto, and ~I) rents, iuues, ~ proceeds and prof~ts accruing a~d to sccrue from said premiscs, all of which are irxluded in the above +nd foregoing descriptio~ a~d hahendum. ~ TO HAVE AND O FWID the above described and granted premises unto the said MORTGAGEE, its wccessas and assigns forever. And ths sald , ~ MORTGAGOR for t~P- r---- heirs, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its succeuws +nd assiyro, that -th--~ aY~=-- Iawfully seized of the said prcm~ses in fee simp(e; that the ssme sre iree, clear and dixharged from ~II liens and ~ncv~ ~ brarxes in law w in equity, and that t h F'" will and t h e~_ r hein shall wurant and defend the title to tF~e ume to the wid ~ MORTGAGEE, its successws and assigns, faever against fhe lawful claims and demands of al! persons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry rate hereinbefote dexribed and shall truly, promptly - and fully perform, d~uharge, execute, complete, comply with and abide by each and every the stipulations, agreements, cw~ditions and coven~nn of said promissory note and of this Mortgage, then this AAortgage and the Estate hereby acsted ihall cease and be nu0 ~nd wid. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgsge, shsll be sing~lar if one only ~nd ~ shall be plural joimly and ~everally if more than one, and that the word °their" as used anywhere in tha Mortgage ihall be taken to mesn "his;' "hen;' s:~ or "its;' wFxrever 1he co~text w implies a admits. Also, that wherever there is a reference in the covensms and agreemems herein contsined to any of ' the parties hereto, tl?e ssme shall be ca?strued to mean as well as the heirs, legal represenutives, succeuori snd auigns (either voluntary by ~ct of the parties or involu~tsry by operation of the Isw) of the same and that the covenants herein contained sFull bind and the beeefits ~nd advamspes iour~ to the respedive heirs, lrgal representatives, successors and as~°gns of the p+rties hercto. And said Mortgagors, for themselves and their Fxirs, legal repreuMatives, successws and auigns, hereby jantly and sevenlly covenant sr?d ~pree ~ to and with the said MORTGAGEE, its successors and assigns: 1. To pay all ~nd singular the principal snd interest and the various and sundry sums of money paY+ble by virtue of said promisswy note, +nd fhis ~ mongsge, each ~~d every, p?ompUY a+ tl+e days respectively the ssme xverally become due. ~ 2. To psy all and sirgular the taxa, assessments, levies, lisbilities, oblgstions and encumbrancd of every nature and kind now on said described property, w thst hereaiter msy be impoted, suffered, plxed, levied, a suessed thereon, w thst hereafter may be levied w assessed upon this MortQ- ~ age, d the indebtedness secu?ed hereby, exh and every, when dve and payable, accwdirg to law, before they become delinquent, •nd before any interpl atraches w any penaNy is incurrtd; AN~ INSOFAR AS ANY THEREOF IS QF RKORD ~HE SAME SHAtI 6E PROMPTLY SATISfIEO AND DISCHARGED OF s~,'-.-,'' RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SJCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIAILY ENDORSED OR CERTIf1ED) SHAIL BE PLACED IN THE HANDS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not paid, ssr'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same w sny psrt thereof witFaut wsiving w affecting any opta~, lien, equity w •~qht under or by virwe of this mo~tgage and ihe ~ull amovnt of each and every such payment shsll be irtunediately due and payable and shall bear interest ~.om the date thereof until paid at rate of n~ne per cent~m per annum and together wlri,~v~ ' hapll *be the lien of th:s mwgtaye. ~ JL~Ji~ ~ lQlif. ~ ~ ; q _ _u~~ .~'~3'"-.v , . ` ` ' , r ~ . ..f_ . _,,_.x _ 1 2~ . ~"`.W~~~,~d'~