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HomeMy WebLinkAbout0789 258689 ~ r THIS INDENTURE, lNade the j~th day of ~ '~uly A.O. 19 73 ber~een Jack P. Harton._ Jt. and Joanne C. Ha~~n, his Mife _ o{ St . ~.l1C1@ ~Wrtty florida, hcreinafte~ des~gnered as fhe "MORTGAGOR;' and i1RST iEDERA~ SAVINGS AND LOAN AS$pC1ATION OF FORT PIERCE, a corpw~l~on orqsni:ed and ex~iting under the lawt oi ths Unitcd St~t~i of America and havin~ its principal pface of buune» in ths ~ity of Fort Pi~res, St. lucie County, flaida, hs~einaiter dei~yneted ~i th~ "AhORTGAGEE." WHEREAS tM MORTGAGOR i~ justty ir?d~bted to the MORIGAGEE in ths sum of = 18 ~ • , good and lawful money of the Un~tad States advanced by 1he MORTGAGEE u~~o the MORiGAGOR, as evirlented by a certain promissory oote of even date herawith, of wh~th the loltowin~ in wo:ds and fi ures i~ s tr~e copy, to-wit: s 18,00~.00 ~ 100201b1 Fort Pierce, Flwida, `~ul~ l~~ lq 73 For value received, 1, we o? e;fher of us, promise to pay, without de{alcation, to the order of FIRST fEOERAI SAVItJGS AND IOAN ASSOt~ATtON GF :ORT PIERCE at Fort Pie~ce, Florida, the sum of S 18 ~~0• O0 ~ w;~h inter~sr trom date at th~ rate of 8• 2~ prr annum, in montfey install- ~~rnts as iol!aws: S 142 . ~0 on the 2Oth day of A4QUS~ , 19~_ and a like sum on the cwrespond~ry day of each month ~hcre- after until ?he whole be fully paid. Each installment (irst shall be apptied in payment of fhe intere~t ar~d then o~+ the unpaid balsnce of the p~i~c~pal sum. If default is nade in t~w~ palment of any installmeM when due, and such defauh continues 3a days, then at the optian of the holder, and without any other nol:ce, sll the remain;~g ;nstallme~ts shail be due and payab(e at once. Privilege is giveo ro prepay this note in wfale or in part af ~ny time without penahy. Nrilher fwebearancc ro~ acceptance by the talder thereof atter any defauft in any payments hereon, shall be deemed extersion. A late payment charge of 1O_, tluli be edded to each installment remaining unpaid 7 days after ita due date, and. a like sum shall be added to tach such installment remaining unpaid 7 days after each suctt•eding paymer.t date. ~ Each make?, surety and endorse? hereof, jointly and severa~ly, waives demand, prese~tment protest and rtot;ce of protesl far nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all coats of collection, includ~ng a re3ionable attor~ey's fee in the even~ of any default hereunder, and hereby severally waivcs a!1 benefit of homestead ar.d exemptior? under the constitufion ;nd laws of each State of the United $tates, as against this obfigation a any extension pr renewal hereof. Witness the hand and sea! of each pany. S/ Jack P, Harton, Jr. ~AU (SEAI) (SE/?U S/ Joanne C. Harto» ~ ( $27•0O ) State Revenue ~laaps 2~+~ek'a11 ~e1g1 ast ~ NOW, THEREFORE, the MORTGAGOR iw the p~rpose of securing payment of said sum of S 28 ~ Q~~ • 0O , and the performance of ths covenants and agreements hereinafser expressed, and fw divers good and valuabte considerations, by fhese presents, does grant, bar9sin, sell, remiss, ~elease, convey and conf~rm unto tlx MORTGAGEE, its succeuors and ~uigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of SL . Lueie and State of Fbrida, dewibed es follows: The South 25 feet of lot 9, all of lot 10 and the North 12.5 feet ~ of lat 11, Black 2, MERRIWEA?HER PARK SUBDIVISION, as per plat thereof on file in Plat Book 6, Page 16, of the Public Records of St. Lucie County, Rlorida. ~ ~ a~ STATE ~F FLORIDA ~ ~~,~arr 1NPAYY~ffOFTl1~ oi DOCUMENTARYs:::`:':= MfGtBtE PFR9pNk a~,5 t A M P I A?: ~ PROPEg1Y, DEP7. Oi ftfYEHt/E a~-. ~MNT Tn Cf1A?fE~ 7Iy-1~34. A~CtB OF 1!)/2.y y~ ~ ~ ~ ` ¦{I~~~Y~.7 ~ ~`c' - - v.~l~'73 Z 7 Q ~ ~ {1ERK CiRCWT OpV rc sn _ P.O. ~ ~ . o^~ oa ' 6?. ST. WCIE OQ. FLl i ~ ~ ~ ~ ~ ~ rogethe~ with afl and singvlar the tenements, hereditamenri snd appurtsnces thereunto belonging w in anywise appertaining thereto, and sll rents, iuues, proceeds and profin accruing snd to accrue from said premises, all of whid+ are included in the above snd fuegdny dewiptwn ~nd habendum. E TO HAVE AND TO HOtD the above dewibed and grsnted premiscs unto the said MORTGAGEE, its successort and auigns fwever. Md tbs said i MORTGAGOR for the ir ~~~s, executors, admi~istrators and assigns, hereby covenants with fhe ssid MORTGA6EE, its successan and assip% the are rha+ Iawfull u~zed of the ssid p ged from sl) liero u~d encom- f y premises in fee sim le; that Ihe ssme ue frte, dear and dixl+er ~ brances in law w in equity, and thatthey wi11 and their Mef~s sMll watrent ~nd defend the title to the same fo the said h10RiGAGEE, in s~ccessors and ass~gns, faever against the lawful claims and demands of alt persons; ? PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and thall truly, promptly ~ and fully perform, diuharge, exccute, complete, comply with and abide by each and every the stipulations, ag~eements, conditions ~nd tovm~nts of said orcmissory note and of this Mor~gage, then this Mwtgsge and the Estate hereby ueated shall ces~e and be nul! and void_ ~ IT IS UNDERSTOOD that the wwd "Mortgagw" whether in the singutar w plural snywhere in this Mortg~ge, shall be singular if on~ only and i shall be plursl jointly and xverally if mae than one, snd that the word "ti.~,i' es used anywhere in this Mortgage shalt be taken to mean "hu;' "hen," or "irs," wherever the tontext so implies or admits. Also, tMt wherever there ii a reference in the covenants and agreements herein contained to any of ~ rhe parties hereto, the ssme thall be cor+strued to mean as well as the hein, legsl rsprescntativef, successors and auigns (either voluntsry by atl of the ~ parties w invo!um~ry by operatan of the lawj of the same and that the corenants herein contsined shall bind and 1Fie benefiq +nd sdvantages inurt ~ ro the respective heirs, legal representatives, successors and sss~g~s of the psrties htreto. ; And said Mortgsgws, fw themsrlves and their heirs, legal repreuntatives, s~tcessors and assig~s, hereby jointly snd severally coven~nt sod apree to and with the said MORTGAGEE, its successors and assigns: 4 _ 1. To pay atl snd singular the principal and interest and the variov~ and surxlry sums of money payaWe by virtue of said promissory note, and this mongsge, esch and every, promptly o~ the days respectively tF~e same severally become due. ~ ` 2. To pay sll and ~ingula~ tF~e taxa, assessments, levies, tiabilities, obligstions se!~! enc~mbrances of every nature and kind now on ssid desvibed ~ } pro r pe ty, w th~t hereafter may be impo~ed, suffered, ptaced, levied, or assessed thereon, or tlrat I+ereaftrr msy be levied or ssseised vpon this Mwtp- C•1 age, or the indebtedness secured hereby, e+ch and every, when due and psyable, accading to law, betore they become delinquent, and before any interest - attaches or any penslty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAIL 8E FROMPiIY SAi1SF1ED AMD OISCW1RCaED OF : RECORD AiVD THE ORIGItvAI OFFICIAI OOCUMFMT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENOORSED ` OR CERTIFIED) SHAIL BE PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is ~wt ~ na~d, sat'sfied and d~scharged sa'd MORTGAGEE may at any t~me pa~ the same or aay part the?eof without waiving or affecting any optioo, lien, equity w •~qht under or by virtue of this mortgage and tF~e full amant of each and every such payment shafl be immcdiately d~e and payable and shall bex interest t.om the date thereof until paid at rate o4 n~ne per centum per annum and together w~th s~ch interest shall be secured by the litn of ?h:t morgtpt. ~ , r ~ r ~ ~ ~ . ~-r 9 ~~,~`~~"w",:~~; ~:~.~-..~*f~''~s~a t' ~ ~ ~F. ~