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HomeMy WebLinkAbout1523 259185 THIS INDENTURE, Msd~ tM 13th day of `~uly A.~. 19 73 betw~ Howard Mounts at~d Sad e ell Mounts, s N e of St . Lucie T~'^ Co~nty Florid~, her~inaitN design~tRd as' tM ~~N1~RTGAGpR," and FIRST FEUERAI SAVINGS AND IOAN ASSQCIATION OF FORi PIERCE, ~ corporatio~ ay~nized ~~d ~aistinp unde~ ~M Isws of tM Un~ted S~~t~L ai Am~rica and Mvinp its pr~ncipal pl+c~ of businew tn tM City of fat Piac~. S~, luci~ Gounry. Flaida. he?tinaG~~ desipn~ted as tM "MORiGAGEE.•• WHERfAS tM MORiGAGOR is jwtly indebt~d to 1M MORTGAGEE in ti+e sum of = 1210~~ ~ good and I~wful mo~ey of the Un~ud Statei advanced by the MORiGAGEE unto the MORTGAGOR, as evidenccd by a cert~in promiuory note of even date herewith, oi wh~cfi the fdlwrirp in words ~~d figures is a trve copY. towit: sia,ooo.oo ~ 1002019D ; Forf Pi~rc~. Plorids. July 13~ 19 ~ fw vafue rcc~ived, I, we w eitFxr of us, prom~se to pay, without drfalca~ion, ta the order of FIRST fEDERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, Fb~ida, the sum of ~2 ~ with interest from d~te at ~he rate of pe? ~nnum, in monthly instsll- ~,enrs ai tollows: S 1S0•~0 ZOL~1 ~y of October . ~9 73 and a like ium on the cureapond~np day of e~ch mooth tF~e~r ' afrer umil the whole be i~~ly paid. ' ~ Each in3tatlmenf first shall be appl~ed in paymen~ of the interest ind thcn on the unpaid bal~nce of the princ~pa~ sum. If default i~ rtiade in the ~ paymenl of any ins1a11msnt when due, a~d such defavlt continues 30 days, then at the optan of the holder, +nd withou~ sny other notice, atl tM remaininq ;nstallmenti shall bc due and payable at once. Privilegs is given fo prepay this note in whols o? in p~rt +f ~ny lime without pertalty. Nei~rSQiebNrstxe, ~ nor acceptance by the hotder thtreof afte~ any default in~any payme~fs hereon, shall be deemed extension. A late payment cMrge of s ~-.,V shal) be added to eacA installment remaining unpa~d 7 dsys afrer its due date, and a like wm shall be added to each such installment remaining uopaid 7 dayi after , each succaeding payment date, Each maker, surety and endorser lureof, jointly and severally, waives demaird, prexntmcnt proteat a~d r+otice of protest for ~onpayment, and funher agrees to any exte~sio~ of t~me of payment, either be(ore or after maturity, without notice to any of us; and to pay ell costs of collection, inclvding s raaso~able attorney's fee in the event of any default hereunder, and hereby seve~alty waives all benefit of homestead ar+d exemption under ths constitution and laws of each State o! the United States, as against lhis obligation p ~ny exte~sion or renewal hereof. Witness tFK hand and seal of each party. ~AU s/ HoaaYd Mounts ~Ai~ s Sad e Bell Mounts ~u ~ 518~00 « ~ ( ~ Stats Revanw ~Sti~IDL i~DiQIICd.G~ CyC~i(~II.~IGtd . NOW, THEREfORE, the MORTGAGOR for the purpose of sec~ring payment of said sum of ; 12 ~ +nd the pe~fo~mance of the covenents and agreemenrs hereinafter expresxd, and fw divas good ~nd wlvable cons~deratfons, by tF?ese preseari, does grant, bargain, sell, remise, t release, convty and confirm Ynto the MORTGAGEE, its svccessors ~nd auigns, atl that cettain lot, piete o? partel of Isnd, titwte, lyirg, and being In ths County of St. LUC1@ State of Fbrida, deacribed as follows: : l.ot 15~ Block A, HARMONY BSTATES, a Subdivision as per plat thereof ~ i recorded in Plat Book 8 at page 78~ of the Public Records of St. ; ~ Lucie County~ Florida - . ~ t ! E i oF FLORtOAI s ; N STATE St M~ TAX ~ ' DOCUMENIAR`f ~/.-`~i -A ~ i c-+ ° DEPi. 4~EHUE • ~ ~ G Q~~+F~ ~h~ ~ _ ~w~~a» : .z 18. 0 0 t ~ ~ ~~~;9 f _ ~ o y +Pe~.z ~'y ~ ~ ~ ~~,~sn~~• ~ts ~ ~ - ~~~o~~~~~~W~~ i ; ~ ~ ~ ~ ~ ~ ~ ~ ~ F ~ ~ I rogether with a!1 and singub~ the tenemenri, hereditsments snd app~rtanca thercunto belonging a in anywiie appeAai~inp thereto, and sll renb, iawes, ~ or«eeds and profits accruing and to acvue from said ~,remisei, all of which are included in the sbove and fore~oiny dewiptio~ ~nd I~abendwn. ~ ~ s TO HAVE ANDhe .HOlO the above dcsc?ibed and gr~nted premises unto ti,e said NtORTGAGEE, its s~cceuon and suiyrrs forever. Md th~ said ~ ~ MORTGAGOR fw -L ~r - heirs, executws. ~dministntors and augns, hereby covenantt weth ths said /NORTGAGEE, its wae~sors and usigns, ; ; ~har -the~-are lawfutl seized of the said y prem~ses in fee aimple; that the same are free, dear and dixhsrged from all liens and encum- ~ i branccs in law or in equity, and that thQy wi11 and their hein shall wsrrant u+d defend the titk to the samt to ths said ' ~ MORTGAGEE, its successws and auigns, forever againat the lawful claims and demarxls of alt persau; ~ ! PROVIDED, ALWAYS thst if the MORiGAGOR shall pay uMO the MORTGAGEE the promiuay note hereinbefae dewibed snd aMtt Nvly, prompfty ~ and fully perform, dixharge, eaecute, comptete, comply with and abide by each ind every the stip~latiwu, agreemenri, conditioiu and covensnts of ssid ' prcmissory note snd of this Mortgsge, then this Mwtgsge and the Estate hereby veated shal) cesse ~nd be rtull and void. + IT IS UNDERSTOOD tMt tFie word "Mwtgagp" whether in the singular w plwsl anywhere in this Mortgsye, iMll be sirgular if ons only and shall be plural jointly and severally if more tF~an one, ~nd that the word "rheir" a: v~ed anywhere in tMa Martpape shsll be taken to me~n "hif," "hers;' or "its;' whe~ever the context w implies w admits. Also, thet wl~erever there is s referenca in the covensnri i~d sgreements herein contained to any of the parties hereto, the same shall be conitrued to mesn ~s well as the hein, kgal rep~esentatives, successws snd essigns (eithe~ voluntsry by act of ths ; parties o~ invotuntary by operation of the Iaw) of tlro same and that the cove~anri herein contained sh+ll bind and the benefits and adwntsyes inur~ to the ~espective heus, Icgal representatives, successas snd ass~gns of the p~rties hsreto. ! And said Mortgsgort, for themselves and their heiri, legal represenutives, succeuors and suigns, hsrcby joiMly and severally coveM~f ~nd apree ' ro snd with the said MORTGAGEE, its svccessars and augns: ~ ~ 1. To pay a1: and ~ingulsr the princ;pal and interest snd the various snd sundry sums of money payable by virtue of said promissory ~ote, and this i mo?tga9e, each snd every, promptly on ehe days respectivsly the same severally become due. 3 2. To pay sll and sinq~lar the t~zes, siiessme~ts, levies, liabilit~es, obligatioru and e~cvmbrancet of every r»turo ~nd kind now on said detaibed ~ prope?ty, w fhat hereatter may be imposed, svffe~ed, placed, fevied, or auessed thereon, a th~t hereafter may be levied or auessed vpon ihis Maf¢ ~ ~ age, w the irxkbtedness secured hereby, each snd every, when dve ~nd psyabte, ~ccordiny to law, before they become delioq~rent, and b~fws ~m int~rest i _ arraches o? any penalty is int~rred; AND INSOFAR AS ANY THEREOf IS OF RKORD 1HE SAMf SHAII 8f AROMPTIY SATISf1ED AND DISCHARGED OF ~ RECORD AND TME ORIGINAL OFFICIAI DOCUMENI (SUCH AS, FOR ItJSTANCE, THE TAX RECEIPT OR TME SATISfACT10N PAPER OfFICtAILY ENDORSED ~ OR CERi1F1ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN tEN DAYS NEXT AFTER PAYMENT; snd in the event that any thereof is not ~ paid, sat"afied and discharged sa:d MORTGAGEE may at any time pay the sa.me w•ny part thereof witFaut waiving o~ sffetting any option, IiM, eq~ity ot t •~9ht unde~ or by virtue of this mort~aye and the full amount of esch and erery svch psyment shall be immed~atefy due and payable snd shall bear interest s ~•om the d+te the~eof until paid at rate of ~ine per centum per annum ~nd t°~j t r with such i r t I! be secured by the lien of th:s mw9tape. i dODx G~~ ?'~?~i - v ~ - ~ _ _ u_ _