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Home My WebLink About0917 . zs8~s~ y THIS INOENTURE. Ntad~ the lOLh day of ,uly A.O. 19 ~?3 - between Clarence J. Rexlord and Sars ,(T Rexferd; hiq r~ifc~ of St. LuCi@ County flwida, hK~inafra d~slynated a~ the "MORTf3AGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERtE. • cwpaation oryanized and a~i~tinp uoder IM l+ws of 1M United St~t~s of A+n~riu and Mvinp its principal pl~c~ of ~ bu~in~u in IM City of Fort Pi~cs, St. lucie County. Flaida, her~in~ftK dssiyn~qd ~i tM "MORTGAGEE:' ~ WHEREAS th~ MORTGAGOR ia ju~tly indebt~d ro 1hs MORTGAGEE in the sum of = 38 ~ 9~. ~ , good and law(ul money of the Unifed 1 State~ adwnce~ by the MORTGAGEE unto the MORTG~+GOR, as evidenced by ~ certain promiuwy note of even date herew~th, of which th~ followinq in wwds and (igures ii a trw cupy, to-wit: t 38.900.00 1QQ2t~166 Fwf Pieres ria~,, ,lul~ ln 19 73 fa vat~e received, 1, we w either of us, prom~se to pay, wi~hou~ defalcation, to ths order of FIRST FEUERAI SAVINGS AND LOAN ASSOCtAT10N OF FORi PIERCE at fort Pierce, Fiorida, the sum o1 : 38+9~•~ with interest from date at the rate of per annum, in monthly install- ments as toltows: = 301•~ on the 2~th day of ~tober ~9 73 snd a like sum on the correspond~np day o! each month therr after until the whole be fully paid_ Each installment first shall be applied in payment of the interesl and then on the unpaid balance of the princ;pa! sum. If dnfavlt is rrNde in th~ payment ef any installment whan dus, snd suth default coMinues 30 days, then at the optan of the hotder, a~d without any oti~,e+ notice, alt the ~cmainirg ~nstallmrnts shall be due and payable at once. Pr7vilege is given to prepay this note in whole a in p~?t at any time without pen~lty. Neither forebeararu~, nor atceptante by the holder the~eof after any default in any payments hcreon, sha(1 be deemed extension. A tats payment charge of = jS•O5, shall be added to each insrallment remaining unpa~d 7 d~ys afler i» dve date, and a I~ke sum shall be added to each such installmenl remaining unpaid 7 days after each succeeding paymenl date. Each make+, surety and endaser hereof, jointly and uverally, waives demand, prese~tment protest and notice of protest for nonpayment, and fuither aqrees to any extens~on of tlme of payment, either before w alter maturity, wiihout notice to ~ny of us; and to pay a11 costs of collection, includ~n~ • reasonable attprney's fee in the event of any default herevnder, and hereby severaily waives all benefit of homestead and ex~mption under the tonatitutan and laws of each State of the United States, as against this obligation or any extensa~ w renewa! hereof, . Witness ~he Fwnd a~d uat of each party. . s/ Clarence J. Rexford - ts~+t) cs~~u S~.35 s Sara F. Rextord ~ ( ~ State Revenve t5rarnp+ ia~cailed~on~rig~nsl- noNe) HOW, THEREFORE, the MORTGAGOR fw the purpou of securirg p~yment of said sum of s 38 ~ and fhe performa~ce of tM covenants and agreements hereinafter e:preued, and for divers good and wlwble considKations, by thete present~, doas prant, barpain, sell, rem~u, release, convey and confirm unto the MORTGACEE, its successors and auig~s, sll that cenain bt, piece pr parcel of land, situate, lying, snd being in tM County of S L. L uc f e ~ and State of Fbrid+, deuribed ~s follows: Lot 9, Block 92, I.AI~WOOD PARK L~R? NO. 8, as per plat thereof on f ile in Plat Book 11, Page 19, of the Public Records of St. Lucie County, Florida, And the Mortgagors herein furtber covenant that they are the identical individuals .names as grantees in that certain warranty deed dated May 23, 1973 and recorded in O. R. Book 215, Page 1647, of the Public Records of St. Lucie County, Florida, w S AT~ oF oz OOCUMENT~~~RY,~ ~-L'D~1DQ ~ ~ „z.c.c t~fP p REYfAIU~ ~ ~"~-$TA-~-~AX' ' _ P9 = ..;.2 ~;,•]3 F~~~s ~ ~ ! ~ A ~ IN PAVIlOI~ ~ U~ q ~ ~ ~~oz - 8. 3 5 ~ ~ ~..~o,,,~.,,~r+aKr4 ' f pPUE~ ~~~,~ts oF 1~. S ~ I ~T~ Si tafGE L~. ~ ~ • 's ~ together with all and singular the teneme~ts, Ixred~tamenls and appvnances therevnto belonging a in anywiss appe~t~ining fherefo, ~nd all renb, issues, ` proceeds ind profits acau~ng and to accrue From said premises, all of wFiKh are i~tl~+ded ie~ the ~bove and fore9oirg dtuiiptan •nd habendum. `s TO HAVE AND TO HOtD the sbove deuribed +nd granted prcmises unto the said MORTGAGEE, iri successors and ~uiyns for~ver. Md th~ s~id ~ MORTGAGOR for heirs, exetutors, administratws snd suigns, hereby covenanb with fhe s~id MORTGAGEE, its wccessws and auipM, ~ that -~~y-~~-- iawfully seized of the taid premises in fer simple; that ths ~ams ~re free, ck~r and dischar9ed from dl lieru ar~d' ~ ° brances in law w in eqvity, and that thev MriII snd thgir hein shsll w~rranf and defead tl~e fitle fo tlie aarrK to th~ s+id ° MORiGAGEE, its successws and assigm, fo~ever agsinst the Iawful claima and demands of all persan; AROVIDED, ALWAYS thst if the AhORTGAGOR shall psy ~nto the MORiGAGEE the promisaay note hereinbefore deuribcd ~nd shall truty, promptly and fully perfwm, d~scharge, execute, complete, comply with and abide by each and every the ttiputatiau, preements, condifiorn ~~d covsnanb of said promi~sory note snd of this Mortgage, then this Mortgage and the Estate hereby ueated thall cease and be nvll and wid. IT ~S UMDERSTOOD that the wad "Mortgagor" whethe~ in the sirgular w plura) anywhere in this Mortysye, shall be sinyular if one only ~nd ; shall be plural jointly_ sr?d severslly if more than one, snd that the word "the~r'• as used ~nywi?ere in tha Mon9sge shalt be t~ken to mean "h'a;' "hen," ; or "its;' wF~erever the contex? to implies or admits. Also, that wFxreve? thcie is ~ ieference in the covenants and agreertienq herein cont+ined to any of the parties hereto, 1F~e same shatl be construed to me~rt as wcil as the heirs, 1e9~1 representatives, succeuws and aui9m (either volunt~ry by ~c1 of tM parties or involuntary by operation of the Iaw) of the same and that the covenants herein co~fained shal) bind and the ber~efin snd advantayes inun ; ta ttx respective hei~a, kgal representatives, wcceuors and su~gns of the puties F?ereto. ` And said Mortgsgors, fw fhemselvq and their F~ein, legsl representstives, suctessors and assiyM, hereby jointly and severally covenant ~nd apree eo and with the said MORTGAGEE, its succezsors and auigns: - 1. To pay sll and sinyular the principal and interest snd tix various and sundry sums of nwney payabla by rirt~re of said promiswry note, and thi~ ! mwt9age. each and every, promptly on the days ~apectively tl?e same severally become due. s - 2. To psy •II and singular the t~xes, ~urssments, leviei, tiabilities, obligatian end encwnbnnces of every n+twe and kind ~ow on s~id dewibed property, p th~t here+fte? may be imposed, suffered, placed, levitd, or auessed tF~ercon, q thsf hereafter m~y bs levied or uussed upon ihb Matp- ~ ~ge, or the indebredneu secvred hereby, exh and every, when due +nd psy~ble, according to Isw, before they become delinquent, arw! befw~ any ir?terest attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKURD THE SAME SHAII BE PROMPTLY SATISfIED AN~ Ot5Cf1ARGED Of REGORD AND THE ORIGIhAt OFfICIAI DOCUMENt (SIKH AS, fOR INSTANCE, THF lAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED ' OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event th~t sny thereof ia not paid, sat'afied and distharged sa:d MORTGAGEE may at any time pay thr same w any pan thcreof witFw~t wairi~g or affecrinp tny option, lien, eqvify ot i •~qht un.ler or by virtve of this mortgaqe and the full smount of each and every s~ch payment shall be immediately d~e and psyable and sl~sll besr interest ~•om the date the~eof until paid ar r~te of n~ne per centum per annum and fogether with such interest ~hall be secured by the lien of th:s mor9tsye. soox~~.s ~ac~ ~ - - ~ ~r . : - ,