Loading...
HomeMy WebLinkAbout0799 258694 y THIS IN~ENTURE. Made the ~ Sth day of `~~'y ~ ' A.Q. 19 73 betxeen Richard M. Capps and Donna 5. Capps, h s N a of St• ~LICi~ County florid~, here~nafter des~~nared s~ tM "MORIGAGOR;' and fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, ~ corpor~tion wp~n~zed and exi~t~np under Ihe laws of ths United Suqs of Amerk~ ~ed havinp it~ printip~i place of busineu in tM City of Fat P~HC~, St. luci~ Cour~ty, ilp~ida, hereina(~~r desipn~ted a~ th~i d(10qT~¢(3F,E._ WHEREAS th~ MORTGAGOR ii juslly ie~debud to 1M MORTGAGEE in 1he sum of f 7l400 00 9~ and lawiul money of the Un~ted S~etes ~dvsnced by ~he MORtGAGEE unto the MORTGAGOR, ss evidenced by a certsin promiuory note of even da~e herew~th, of wh~ch the (oltowiny in s~~17 ~~08~ ~Oi a t`ue coPV. ~o-w~~: ~ 10020143 Fort Pie?ct. Ftwida. '~~y 5 ~..19 73 fw value received, 1, we a tither of us, promix /o psy, wifhout defalca~ion, to Ihe order of FIRST FEDERAI SAVINGS AND LOAN AS50~=1ATION 4F 17~400~00 8~2 FORT PIERCE at Fort Vierce, Flor~da, the sum of S ~ w~~h interes~ from date at the rate of ~o per a~mum, in ~cnthly insrall- n~rnts as fol!owa: s 149~~ on the2~h day of A~ust 19 73 snd ~ like sum on the corresponding ~ay of each morth therr after until 1he whole be fully paid. , Each ~nstailment f~rst shall be appl~ed in paymeot of ?he inte~est and then on the unpa7d balarrce o( the p~7nc~pa) iuin. 1! defati!1 is made is+ the F~a~men? of any installmero wix~ due, and such defauh continuei 30 days, then at the option of the holder, and without aey other notice, ~t` the reme'Y~in9 ~nstallmcnts shall be due a~d payabte at once. Privilegs is given to prepay this note in whole w in part at any time witlw~t penalty. Neithei'forebearance, ncr acceptance by the holder thcreof after any default in any payments herron, shatl be deemed extension. A~late payment cha~ge of = 7~45 , sMll 6e added to each i~stailment remaining unpa~d 7 days after its due dale, and s like sum shall be added ~o each ~uch installment remain+og unpaid 7 days a(ter each succeeding payment date. ' Each maker, surety and endorser hereof, jointly and severslly, waives demand, p~eu~tment protesf and notice of protesf for nonpaymenf, and further agrees ta any extensian of nme of payment, e~ther belore a after maturity, without not~ce to arty of us; and to pay all costs of collection, includ~ng a reasonable attancy's fee in the evenl oF any ,default hereunder, and hereby severally waives all benefit of homestead and exemption u~der 1F~e tonstitution ,~d laws of each $tate of the United States, as against lhis obligation a,any extensioo or renewa! hereof. W~tness the hand and ual of each party. (SEAL) s/RichaYd M. Ca~ps ~~y csen~) s/Donna S. Capps ~U ~ $26~10 i State Revenue csra~npt t,nnrted~f~?~tgt+~bT Rd~lf NOiN, THEREFORE, the MORTGAGOR for the purpose of xcurirg payment of ssid sum of = Z~~4~~~ and the perfwmsnce of ths i~venanta and agrKments hereina(ter expressed, and for d~ve~s gaxi and vatueble considerations, by these presMts, does gr~nt, barpain, KII, remiu, release, convey and tonfirm unto the MORTGAGEE, its successors and auigns, atl that certain loi, piece or parcel of land, situate, lyiny, and being in the County of $t• I"l~Ci@ and Sqte of Florid~, described ~s follows: Lots 13~ 14 and 15~ Block 3~ in WBSTieAOD MANOR~ a subdivision in Sectioa 1~, Tcrimship 35 South~ Range d0 Bast, accozding to a plat thereof record¢d in Plat Book 6, page 26, of the public r~cords ot' Saint Lucie County, Florida, STATE ~F F~O tDl~ ~ - v O COCUMENTARY.~!~ :;~.STAMP 1A3: ~ °c" " DEPi. OF REYENUE ~ i ~ IN PAYMENT OF TAXE$ 2~. I O~ DUE ON C~,SS'C INTM1616LE PEASU!!Al PROPERI~ _ _ = i2'75 PIIRSUNIT TO GiAPTER 71-13~, ACtS Of 1971 %~~f . ~ Q= i r ^''r ~ R06ER PO(iRl?S ~ ' CLEi~( ~IRCWT OQURT, ST, L(1CIE 00, FlJ?, ~ i i i i rc9ether w~th all and sing~ta~ the tenemenfs, hered~tamerm and appurtances lhereanfo belonging or in anywise appeAaining thereto, a~d all rent~, issues, ( p~oceeds and profiri accruing and to acuue from said premixs, all of which are irxluded in the ~bove and fwegang deuriptioo end habendum. ? TO HAVE AND O OlD the above deuribed snd grsntcd premises unto the said MORTGACsEE, its succasors ~nd auigns forever: And tM aid t~e~r ; MORTGAC~Oe~ ~e------- heirs, exetutors, adminislratws and assig~s, hereby covensnb with the said MORTGAGEE, i» sutcessors ~nd asfiqeu, i rhat -~Q lawfuily se~zed of the uid prem~ses in fee simpl • that the same sre frae, clear end dixMryed from all liens and encvm- j brances in law or in equ~ty, and that they wi11 and the~r shefl wartant snd defend the title to the fame to tfie uid MORTGAGEf, its successws and auigns, forever against tl+e lawful daims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the p~omiswry note hereinbefwe dewibed and shall truly, promptly and fully perform, d~scharge, execute, complNe, comply with and sbide by each and every tF~e stipulafions, agreements, conditio~~ and covenann of uid promisswy note and of rh~~ Mortgage, then this Mortgsge and the Esfate hereby created shall ce+se and be null and void. , !T IS UNDERSTOOD thst the word "Matgagor" whether in the s~ngvlar w plu~sl anywhere in this lNortgage, shall be sir.gular if one only snd ~ shall be plural jointly snd severslly if more than one, and that the word "thr~r" as used anywF~ere in this Mortgsye ihati be taken to mesn "his;' "hen," ~ or "ifs;' wherever the context so impliet or ~dmirs_ Also, ti~af wherever there is a reference in the covenants and agreemenri herein contained to ~ny of fhe parties hereto, the same ihall be construed to mesn ss well as the heirs, legal represent~tives, successon and assigns (eithe~ volunt~ry by act of the ~ parties or involuntary by operation of the law) of the ssme and that the covenants herein co~tair.ed thall bint! and the benefits and advant~yes inurt i ro fhe respective heirs, legal representatives, successors and asrgns of the parties Ixrero. J ! And ssid Mortgagors, fw tiumselves and their heirs, leqal representatives, sucussors and sssigns, hereby joi~tly and severally covensnt and ayree i rc and with the said MORTGAGEE, its s~ccesson and aisigns: ; 1. To psy all snd singular tFx principsl and interest and tF~e various snd sundry swns of money payabk by virtue of uid promissory note, and this ~ , mortgage, esch and every, p~ompNy on the days respeaively the same severally become due. E 2. ~o pay all and singular the taxes, sssesunents, levies, liabilities, obli9ations and encumbsnces of every nature and kind now on said dewibed ~ ? property, or that hereafter may be imposed, suffered, plxed, levied, or ~ssessed thereon, a tMt herea/ter msy be levied or ~ssrssed vpon this MatQ- ~o : ; age, o? ?ha indebredneu secured he.eby, exh ~nd erery, when due ~nd payable, xcwdin9 to I~w, beiore they become delinquent, e~d before any interes~ a+!aches or any penalty is inturred; AND INSOiAR AS ANY THEREOF IS OF RKORO THE SAME SHAIt BE PROMPTLY SATISFIED ANO DISCHARGED OF RECORD AND THE ORfGtKAI OFFtCfAt DOCUME(VT ~SUC11 AS, fOR IMSTAtVCE, 7HE TAX ftECEIPi OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED t OR CERiIFIED) SHAtI BE PIACED IN THE HANDS Of SAID MORiGAGEE WITHIN TEN DAYS NEX1 AFTfR PAYMENT; snd in the event that any thereof isrot pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any time pay tF~e same w any part thereo/ without waiving w affecting any option, lien, equity p - •~~ht unde? or by vi~tue of this mortgage and the fu~l amount of each and every such payment ~hall be immediately dve and payable and shall besr interest . ~~om the date thereof until psid at rate of n~ne per centum per annum and toge~her w;th such interest shall be secured by the Iien of th:s magtaye. f t . ' t . ,..,.K ~ - 'ti ~ ~y, ,a ~ r - - ; .r , , ,:F ~.T-~~~y:a~'c