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HomeMy WebLinkAbout1658 ~+~ll~ r THIS INpENTURE, Mad~ tM s••- 17th day of July A.D. 19 73 batween Donald H. neMeules in~l~ adul! St. l.ucie '?~'-T ~F Cwnty Flwida, hereir+after detignated ~s the 'MORTG/1GOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSbCIAT1pN OF FORT PIERCE. • corpo?ation ap~nitad ~nd existinp under tM laws of tF?~ Unittd Stat~s of Amsric~ ~nd INvirq irs pr+ncipal plac~ of busin~a in tM Ciry of Fort Pi~.cs, St. luci~ Covnty, flaida, hereinaha d~siynatsd ai tM "N10RTf31?GEE:' WHEREAS 1hs MORTGAGOR a ju~tly ind~bMd ro th~ MORTGAGEE in the ium of s~~~~~~ , yooc! and lawfu! money of the United S~atq advarxed by the MORTGAGEE umo tFw MORTGAGOR, as evidt~ccd by s certain promislory note of even date herewith, of wAich t1~e tv~towinQ in wcrds ~nd fiyures ii a lrve topy, to-wit: ' . s 44,000.00 ~ 1002AY96 ~ fort Pkrte, flwida, .TLlly 17~ ~,_1973 For value rcceived, 1, we w eit{~er of us, prom~se fo y, withouf defalcation, to the order of FIRST FEDERAI SAVING$ AND LOAN ASSOCIATION OF FORT PIERCE ar Fwt Pierce, Florida, ~he sum or s 44,~~0~ w;th interes~ from date st the rate of8~596 per annum, in monthly irutalM ~„ents as foltows: i 37~~~ a? the ~th day of a'`tOber 19 73 and a like sum o~ the carespond~ny day of each month therr aiter until Ihe whole be (ully psid. - Each installment fint shal! be applied in payment of the interest and then on the unpaid balsnce of the princ~pal sum. If delault a mads in tM payment of any install~nent when due, and such defaul~ continues 30 days, then st the opt~on of the holder, and without any othe~ notice, alt the remainin~ ~nsfallment~ shall be due and payab(e at once. Privilcge is given to prepay fhF~ note in whole w in put at any time without penalty. Neither folebear~ncs, nor acceptance by rhe holder thereof after any default in eny payments hereon, shall be deemed extension. A late payme~t cMrge of s1B~75 shall be added to each ina?allment remaining vnpaid 7 dayi after its due date, and a like sum shail be added to each such in~tallment remair?ir?g unpaid 7 daya after each sucteeding payment date. Each maRer, s~rety and erw~lorser hereof, jo+ntly and severally, wa;ves demand, presentment proteat and rafice of protest for nonpayment, and further agrees fo a~y ezteniwn of time of payment, eirher beiore w after maturity, without not~ce to a~y of us; and to pay all costs of collection, includ~ng a reaionable attorney's fee in the event of any defaull hereunder, and hereby severalty wsives all benefit of home~tead aad exempfion under the tonstituta~ a~~d laws of each Sute of the United States, as against this obligation a any e:tension a re~ewal hereof. Witness ~he hand and seal of each party. ~ • ~aU s/ U~nald H. Det+ieules, ~~i~ a single adult ~i~ i $ 66 ~ State Revenve t~u (~~~Ps'H1RlIIl~ eT Or1g1H111+IC1l~ tVOW, THEREFaRE, the MORTGAGOR fw the purpox of securing payment of said sum of S 44~~0•~ , and tt?e pe?fwmancs of 11w covenants and agrcements he~eina~ter expressed, and for dive~s good snd valuable tonsiderations, by these presents, does grsnt, bupain, selt, ~emise, , release, convey ~~d confirm unto the MORTGAGEE, its successo~s and auigns, ell that certain lot, p'~ece ot pucel of land, situat~, lyirg, ~nd being in 1hs Counry of St • LLiC ~E snd St~te of Florids, dewibed as fol~ows: Lots 3 and 4~ Block 2~ wAGNEP SUBDIVISIO~y, as per plat thereof on file i in Plat Book 9~ page 74~ of the public records of St. Lucie County, Florida. ~ ; N STAT~ ~F FLO MP~~ ~ . ~ DOC` UMENTAR ~ S pZ a ~ ~~s ~ cy 6EPT.OF REVENUE.= • y~~• O 0 r ~c _ ~~.c. ~ ~4+• • ~ S'73 ' ~ P.B. ~ ,~,I ~ = 11102 b - ~x pArt!n~rt ~ i'iECflVf9 1N7AK6181f PERSt%~'~' PRQ°~r~' t J ~ ~ ~p Cf{ApiER 71-13~t• 1tiJ1./I/~e~ PURS1~j P41ICJ~S / r~fRlc Gitt~1~Z ~~1, St. lvc:t~ x-• 'l:` j I together witb all and s~ngular the tenements, Fxreditaments snd appurtances there~nto belonging or in anywise +ppertaining tiKreto, and all ren», iuues, ~ p~oceed~ snd profin uuuing and to acaue from said premises, all of wFiKh are included in the above and forepang desuiption and habendum. TO HAVE ASdD TO HOtD the above described snd gn~ted premises unto the ssid MORTGAGfE, ib s~ccesson and auiQni fweve?. And tFn ssid MORTGA R f h1S hein, executas, administrators and assigns, hereby covenants with ihe said MORTGAGEE, it~ waesson ~nd ~ssipro, rhat ~e ~S tawfully seized af the said premisei in fee simple; t}ut the ssme ~re free, clea~ and dixharyed from all liens ud enarm~ b.ances in Jsw or in equity, and that he will and h15 hein shall warrant snd defend the title to the same to the aid . ,".~ORTGAGEE, iri successws and asigns, forever agsinst the tawful clsims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR sMll pay unro the MORTGAGEE the promissory nota hcreinbefore destribed and ~hatl truly, promptfy ~ ar,d fulty perform, diuhsrge, execure, comptete, comply w~rh and ablde by each snd every the stipulation~, ~greements, condit;au and cove~ann of ssid promissory note ar?d of this Mortgage, then this Mortgsge and the Estate hereby ueated shall cease and be null and void. ~ t IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singular or plura) anywhere in this Mortgsge, ~hall be sinyular if a?e only ~nd ~ ; shall be plunl joimly and severaUy if more than ooe, and thaf the word "the+r' ai u~ed anywhero in th» Mongage shsll be t~ken to mean "hii" "hers;' ~ or "its;' wherever the context w implies or admits. Also, that wherever there is s reference in the covenants and egreemenri herein oontai~ed to any of ~ the psnies hereto, the aame shall be constrved to mean as well ss the heirs, kgsl representatives, successon and astigns (either voluMary by act of fHe ~ ~ parries or invo:untary by operation of tF~e law) of tF?e same and that the covenants hcrein contained shsll bind ~nd the benefiq snd advanfayls inur~ to fhe respective heirs, kgs) representatives, wccessors and au~gns of the parNes hereto. Y/. And taid Morfgagors, fw themselves snd their heirs, legaf representstives, wccesson ~nd suigns, fro~eby joinfly ae~ severalty covenant and y~ee ~i f ro and with the said MORTGAGEf, its successon and ass~gns: ~ s 1. 7o all snd si ular tF~e ~nci I snd ~merest and the variovs and sund iums of mone : WY ~9 P? P+ ry y payable by virt~e of said promissory note, and this aQ ~ morrg~ge, each snd every, promptly on ti+e dsys retpeaively the aame uverally become due. ; 2. To pay all and singvlsr the f+xes, assessments, levies, lisbilities, obligstions and encumbrances of every ~atwe and ki~d now on said dewibed property, w that hereafrer may be bnpo~ed, suffaed, plxed, levied, or saaesud thereoe~, or that hereafter may be levied or usessed upon this Mortp- f ; age, a the indebredness secvred hereby, escl~ and every, when due and paysble, ~ccordinp to law, befwe they become delinquent, s~d before ~ny intere~t ; artzthes or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THf SAME SHALL 8E PROAMTIY SATISf1ED AND ~ISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSiA1rCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAILY ENDORSEO } ~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thercof ii not ~ paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same w ~ny psrt thereof wilFwut waiving w affecting sny option, lien, equity a ~ i •+qht ~nder or by virtue of this ~*w.tgage and the full amount o( each and every such p~yment shsll be immediately due and payable and sF~all besr interest ~ ~~om the date lhereof until paid at rate of nine per cenfum per annum and together w~rh suth inte~e~t ihsll be ucured by tne lien of th:s morgtaye. ~ ~ ! . ~ ~ ~ I ' ~3~ `~,a N3~'£;`/m~~ ! .i- - t. v~s++ 'T 'a~~~~.~1. ~ "~s~`z'`~~~,.~ ~'.r~~Y~". _.n,-x~ ~ ~~eY.~^~"~'~~