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HomeMy WebLinkAbout1525 ~ ~59186 THIS INDENTURE. N1~d~ the Zsth day of J~@ A.D. 19 73 be~wt~n ~ Char ea aa one an Q e . one, ~w e of St• LIICi@ County Flaid~, i?K~inaftN d~sSgn~ted t!N "MORTGAGOR;' a?d FIRST FEDERA~ SAVINGS AN~ IOAN ASSOCIATION OF FORT P~ERCE, a cwpaation orqanis~d ~nd exiitinp ue+d~r tM lawf ot ~F» UMt.d S~•~a of Mwciu .nd hsvinp in p.incipa! p~ac. of buunq~ in tM Ciy ot fon Pi~.u, St, luci~ Covnry, Flaida, l+a~inafiK d~sipn+t~d a tM "MORTWIGEE." ~ : WHERfAS tM MORIGAGOR b iwtly incJ~bt~d fo tF» MORTGAGEE In th~ sum of ~ 0~ 9ood +r?d I~wf~l mon~y of the United ~ States advanced by tM MORTGAGEE unto th~ MORTGAGOR, ~a ~videnced by • c~rt~i~ promiswry n~t~ of ev~n daq herewith, oi wh;ch tht followinp {n ~ wwdi and figurq is a trw topY. fowit: s 34.000.00 ~ ~~p 10020078 ~ ~.r P~~.. f~.;d,. June 25 1973 For value rcceived, I, we w eitMr of us, promiss to p~y, without def~lca~ion, to the order of FIRST FEOERAI SAVINGSS~ AND LOAN ASSOCIATIOk Of FORT PIERtE at Fort Pierce, Fbrida, the sum of = 34• ~0• ~ ' w;th intere:t from dste at tha rate of 8• 2-so per annum, in monthly u~stall- ments a follows: = 2~•~ a? the ~thday of August 1973 ~nd ~ like sum on the cwreipondtrg day of exh mo~th t:~eae- after uMil the whole be fuily paid. Each insutlment first shall be applied jn payment of tM interett snd then on the unpaid balance of the princ~pal wm. tf default is rt?ade 1n ttis paymeot of any installmenl whcn dw, and such default continws 30 days, then ~t 1he option of the holder, and without aoy olher notito, aU tha re!nainirg ~ ~nstsllmentt sh~ll be due and psyabte at once. Privilaye if yiven to prepay this eote fo wiwl~ o? in psrt ~t ~ny time witF+o~t penelty. Nbithar for~beennce, ~ ~ nor accepqnce by the holder thereof afte~ any default in ar?y payments I~ereon, shsll be deemed extensan. A Iate payment charye; of = 1'4•~~ .shsll be i ~l~ added ro each instatlment remaini~ unpaid 7 days afta its due date, and a like sum shall be added to esch such inst~llment rem~inln8 vnpAid y days aitsr each sutteeding paymeM date. ~ ty ( ly y presentmeM protes~ a~d notice of protest fw nonpaynxM, a~d further Each make~, sure and endorsen c~reof, dnt ~nd seversll , wa7vea demand, ~ agrees to any extcosion of ~ime of p~ymenl, either before or after maturity, without not~ce to +ny of us; and to pay all costs of collection, includ~ng a reasonable attorney i ~ee in the event of any default Fxreunder, ~~d hereby severally waives aU benefit of homestead and exemption ~ndar the conatitut'an ~ and laws of each State of tha Uni?ed States, as agsinst this obligatan or any extension or renewal hereof. ~ Witness the hand and seal of each party. ~ s/ Charles Willias Stone ~U ~U i ((SEAU 51.00 , s Hettie D. Stane ~ ~ ( State Revenw (Lr«wpr MwwNer ~ew ywpirrl-nste} NOW, THEREFORE, the MORTGAGOR fw the p~rposs of securirg p~yment of uid sum of = ~ and the psrFamarxe of ths ~ ~ co~e~ann aod a9.ee~n he.~~~afrer exaeurd, and fw dlvers pood ar~d wlwbl~ caniderations, by these prqenri, does gnnt, bary~in, aell, remise, release, convey and confirm u~ro th~ MORTGAGEE, iri successors ~nd ~uipns, sll th~t cert~in bt, piece or pucet of land, situate, tying, ~nd beirg In ths Counry of St . ~'LiC ie and Stat~ of Florid~, d~wibed as f~llows: Lots 1 and 2, glock 2, HIBISCUS PARK SUBDIVISION, as per plat thereof on file in Plat Book 8, Page 43, of the Public Records of SL. Lucie County, Florida, M STAT~ oF ~LORIDA ~ s~' pOCUMEN?ARY STpMP T A X ~ Oy =r ° DEPi. Oi REtENilE a• ' Q~ tAXES ; ~ - Pa = ~a•~s : ~ 5 I. 0 0 1 lo~~ ~~n. ~ ~ . ~ i o ~ ~02 ~ RECE1VfA~ INtA~ ~-13~. P~IS OF ! . pUE oN ~p l~~ p~{W?S FV~ i W11At• sj~ ~ ; qfi~K G?~ ~ppL~ ~ • i rogerher with all and ii~gulu the terKments, Ixreditsmenb snd sppurt~nus thereunro belongin~ or in anywise ~ppertainieg ther~fo, ~nd al1 renn, issws, ~ proceeds ~nd profin accruing ~nd to scwe from ~sid premise~, all of wFi~d+ ue induded in the a6ove u+d foreyanp description and habendvm. ' TO HAVE AND TO HOID the sbove desuibed and yr~~ted premises unto the said MORTGAGEE, its wocetso?t and auipro fwewr. And th~ s+W ~ N10RTGAGOR fw sheli - heiri, executon, admi~istrators and sssigra, hereby cownanri wilh the said MORTGAGEE, 1b waessors and assipm, ~ that -theV y~rg lawfulty sei:ed of the said premises in fee simpls; tMt ths ums ~n fre~, clear and dixharped from all Ikro and ~ncwo- s brances in law w in equity, ~nd rhat_. *1+0~ will and t'1+o hein sh~ll wursnt and defend the title to the ~sm~ to tM said MORTGAGEE, in successors snd auigns, fwever ay~ir?st the Iswful clai~m a~d demsnds of ~II peraons; VROVIDED, AlWAYS that if the AROR7GAGOR sMll p~y unto the 1NORTGAGEE tfie promiswry note hereinbefwe desuibed and shall truly, promptly and fully perfo~m, diuMrye, execute, compkte, comply with and abide by escb snd every the stipulatioru, ayreemenb, conditiau and covensnb of asid ~ ? promisspry not~ ~nd of this Mortgsye, then this Mortgage and the Ett~te hereby aeated shall u~w and be null and wid. i i IT_ IS UNOERSTOOp th~t the word °Mortgagw" whethe~ in the iu~gular w plural snywhere in this Mortgay~, shall be sinpul~r if o~e only and shsll be plwal jointly ~nd sever~lly if more tf,an one, ~nd that the word "their" as vsed anywhe~e in this Mort~age ihall be taken to m~sn '1?is;' "hen;' - or "its," wherever the conteat so implies w admin. Also, that whe~ever ther~ w ~ refererxe in tM covenann ~nd apreemenq herein contained to ~ny of ~he parties hereto, the same shall be cautrued to me~n as well ~s tF~e hein, leyal representstives, successon and ~ssiyns (cither voluntary by act of the parties or involvnt~ry by operation of the~ Iaw) of the tarne snd that the cevens~ts herein contained shall bind snd the be~efits and adv~ntapes inw~ ro the respective hsin, leyal represcntatives, wcus?ws and au~yra of the paniei hereto. And s~id Mortgayors, for themselves ~nd their hein, 1e9~1 represcntatives, wcceswrs u~d auyr?s, Fereby jointty ~nd severaUy covens~t and pree to and with the said MORTGAGEE, its successon and asiigr+~: ? 1. To p~y dl and sinQula~ th~ princ;psl and interest snd the v~rious and sundry iwns of money payable by virtue of s~id promiuory note, ~r~d tl~ia mortg~ye. esch and every, promptly on the dsys rppectively ths same sev~?~Ily becoms due. ~ 2. To p~y ~I) and sirg~lu the tsxes, auessmenq, lev~es, lisbilities, obligatiom ~nd encumbr~~ces of every nature and ktnd ~ow on said d~stribed ? property, o~ that he~esfter may b~ impo~ed, svffered, placed, levied, or ~ssessed thereon, w thst her~~fter may bs lev~ed a uu~sed ~pon thi~ Mort9- ' age, a the indebtedneu ucured hereby, each and every, when due and p+yabk, +ccordirg to Isw, before they becorn~ delirpuent, and befw~ any intereit ' attaches o? any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAMf SHAII 6E PROIMPTLY SATISFIE~ AND DISCHARGED OF ` RFCORD AND THE ORIGINAI OFflCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR TNE SATISFACTION PAPER OFfICIALLY ENDORSED ' OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITMIN tEN DAYS NEXt AfTER PAYMENT; s~d i~ the event thaf ~ny thereof is rat pa~d, sat'sfied and dixharged sadd MORTGAGEE may at any ~ime pay the aame a any pan tFiereof withovt wsiviny w affeaing ~ny option, lien, equity o? •~pht under or by virtue of this mortgage and the (ull amount of each snd every such payment shall be immcdiately due and payable and ~full besr int~rest ~ ~rom the date thereof until piid at r~te of nine per centum per ~nnum and toqether wi~h :uch iMCreat si~all b~ setvred by the lien of th:s mwytaye. 3 °ce~Z~~ - ~ ~ - ~ _ , _ _