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HomeMy WebLinkAbout2900 ~ . 26013~ THIS IN~ENTURE. M+d~ the 26th ~y of JLll.l,l . A.O. 197~ - betwaa+ ! Laura B. Hancock~ a sinqle adult _ of - St. Lucie , Cwa~y Florida, i~~in~fqr d~ajqnaied •s N» "MORTGAGOR," and FIRST iE~ERAI SAVINGS AND LOAN ASSOCIAIlON OF FORT PIERCE, • corporatan wp~nised u~d ~xis~inp u~ tM laws of ths Unit~d Sut~s of Am~riu ~nd Mvinp ib principal plac~ of bu~s~ i~ th~ City of Fwt P~u. St. luci~ Covnty. florida. hs~~inafte~ desipnated u tM "MORTGAGEE."' WHEREAS 1h~ MORTGAGOR is justly tnd~btd fo tFw MORTGAGFE in the swn oi ~Q I 8 ~ Q ~ yood ar~d lawful mon~y of the tln~ted ~ St~res advanced by tM MORiGAGEE unto the MORTGAGOR, at ~videnced by a ct~tain promiuwy noN of eve~ dats herewith, of which the ioilowinp in ~ wwds snd f' uns i~ a trw copy, to-wit: ~ 2~~ 8~~. Np Z~~Z~242 ~ P~~.. F~«w,. Ju lv 2 6, -._~91.3_ Fo~ value received, 1, we w either of us, promise to pay, without defaltation, to the ordsr of FIRST fEDERAI SAVINGS ANO IOAN ASSO~IASlON OF fORT PIERCE at fort Pierce, florida, the sum of i 2 ~ t$ ~ 0 ~ w;th interest from date at ths rate of ~Q96 per s~+num, in monWly Initall- menK as foltows: s 161. on the2~~L d~y ofrIQVeIri~er _ 19 Z~_ and • like sum on the correapo~di~?p day of eKh monSn therr after until the whok be fufly p~id. Each installment fi~st ahall be applied in paymcM of the interest and then on tM unpaid bals~oe of ths principal wm. !f defsuH $ mad~ in ths ~ payment of any instsllmenf when due, and wt1~ defavlt continues 30 days, the~ at the option of ths hokkr, and without ~ny other notite, all the remeinin~ . ~n:taltmenis shall be due and payable at once. Privilege ii 9iven to prepay this note in whole or in p~n at any time without p~nalry. Nei~M? forebearance, ` nw acceptance by the holder thereof after any dcfa~lt in ~ny payments hereon, shall be deemed extension. A late paye+enf charye,of S-~..-Q~1-, sh~ll bs added to each installment remainin9 ~npaid 7 days after ib dvs date, and a like wm shsll be added to each such instal~ment remainin4 unpaid 7 d~ys ~Ner each succeeding paymem date. Each make?, surety and endorser hereof, joinNy and uverally, waives dcmand, prese~tmcnt protest and notice of protest for nonpayment, and lunher 'u agrees to any extension of time of payme~t, eitlxr bafore o~ afrer matwity, without notice to any of us; and to pay all costs of collectio~, including • 1~' reasonabte attorncy's fee in the event of a~y default hereunder, srtd hereby severally waives ~II benefit of homestead ~nd exemption under the conititution ~ and laws of each S~ate of the United Sqtes, ss against this obligaiion or sny extension a renewal hereof, • Wirness ~he hand and seal of each parry. . S/ Laura B. Hancock, a ~ ~ single adult ~U ts~?u `u ~U 31• Z ~ ~ St~ta Reven~e Y NOW, THEREFORE, the MORTGAGOR fw the purpose of iecuring paymce~t of aid sum of S~~ g O Q_ O O ths performancs of th~ covenants and agreeme~ts hereinafter expreased, and iw divers good ~nd valwble consideratio+w, by these prexnts, doat g?ant, bargain, sell, romise, retease, convey end tonfirm unro ihe MORTGAGEE, its suctessors and suignt, all tMl ceruin lot, p'ieos or puoel of land, tituate, tyir?p, and beirg in fhe County of .St . Luc ie ~ and Stat~ of Florida, d~acribed ~s fdlows: ~ Lot 8, Block 21 of LAKEWOOD PA12K SUBDIVISION, UNIT THREE, as per plat thereof on file in Plat Book 10, Pages 63 and 64, .of the Public Records of St. Lucie County, Florida.~/ ~ ~ ~TATE oF ~L F~i A ~ ? DOCUMENTARY , TAMP- TAa ~ c°~ ~ afPF.OF REYENUf a ' s"' i sA - ~s ~ Y ` Y Pe. - ""L30'l3 . ~ o = ~~~~2 , ~ , ~ ~ p4`('•tE~ ~f Y~• . . . ~ / r 1B~ 4Ei~Sa~ ~ 1. ~~itf1+~' ff+S , . ~~csr o ~ ~,~ts~ ~y, F~ ~j _ c~~, st. a~ `~`~~v~ ~ r ~ i E together with all ~nd singulu the tenements, hereditsmenri and appurtances ttxrevnto belonging or ir~ aaywise appertsininp thaeto, snd ~!1 rc~ts, istues, ! proceeds and prof~ts acuuing and fo sccrue from said premises, all of wFiKF? ~re intluded in the sbovs and foregoiap description ~~d haberidum. i ~ TO HAVE AND TO HOW the ~bow deuribed and yranted prem~aes unto the said MORTGAGEE, in waesson and assipns forwa. And th~ said i ; MORTGyGOR for, her he~n, execvtors, sdministratws ar+d auigns, hereby covensnts with tF?e said AAORTGAGEE, iq sutc~sfws and assipro, rhat She Wlll - law{ully seized of tl~e ssid prem~ses in fee simple; that the ssme ue free, dear and discharqed fran all liens ~nd aecvm- i ~ brances in law or in equity, and tMtShe w;11 and hPr he;n sF~all wsrrsnt ~nd defend th~ title to the s+me to tM sak! MORTGAGEE, its succeuors ~nd suigns, forever against 1F+e lawfvl tkims snd demsnds of all perwm; ! PROVIDED, AlWAYS that if the MORTGAGOR sMll p~y umo the MORTGAGEE the an' and full W ~~Y ~te hereinbefore desc?ibed ~nd shall trulY, promptfy y per(wm, discharg~, execu!e, compkte, camply with and sbide by each and every the stipvietioru, sqreemenb, conditio~s and oovenants of said ~ promissory note and of this Mwtgage, then this Mortgay~ and the &ute hereby aeated shall ce~ae u~d be null a~d void. IT IS UNDERSTOOD that the wwd "JNortgagor" whefher in the singulu or plunl anywhere in tbis Mortya~t, sh+ll be sirgvlar if o~e only and shsll be plural jointly ~nd severally if mwe than one, and that the word "their" as vsed anywhere in this Mortya~tt sh~ll bs t~k~n to mean "his:' "hen;' a or "its;' wherever tFro context w implies or sdmits. Also, tMt wherevcr rhere is a refe.ence in rhe covensnn •nd agreemenn he.e+n oonrai~sd to srnr of the parties hereto, tlx same shall be construed to mean ss well as the hein, legai represent~tivd, wccesson and asti~ro (either voluntary by ~ct of th~ panies oi involuma~y by operatan of the law) of the sune and that the covenams heteiri contained shsll bind and tM benefiri a~d advantapts Inw~ ro the respeclive hein, kyat represen~atives, succeuors and au'gns of the p~nies hereto. } And said Mortgagors, for tF~emselves snd their hein, Icgal represemefives, successws ~nd suprq, hereby joinNy and severally ~covenant and ~gree ro and with the said MORTGAGEE, its successors and ~uigns: - 1. To psy all and singular the principal and interest and the vsraus snd wndry sums of mo~ey paYabl~ by vi~tue of sa+d promisaory not~, and this - mort9age, each a~d evcry, pompNy on the days respenirely the ssme severally become due. 2. To pay all and singulu the taxes, as~esunenn. I~vies, liabilit~es, obligations snd enc~rnb~+++c~s of every n+ture s~d kind now o~ said de~cribed Propeny, w that heresher may be impoied, suffered. Plsced, lev'~ed, or ~suessed thereon, a tMt hereaher may b~ levied a usessed crpon thb AtiortQ- age, or tl~e indebted~xu secured hereby, each and every, whert dve snd payabls, ~tcwdin~ to I:w, befor~ they becortw delinquent, and befor~ any ietereit ~ attaches w any penalty is int~rred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE 5/1ME SHAII BE PRQAAPTIY SAi15fIED AND DISCHARGED Of E RECOR~ AND TME ORIGIhiAI OFFICIAI OOCUMENI (SUCH AS, FOR tNSiANCE, THE iAX RfCEIAT OR THE SA715fACT10N PMER OFFICIALIY ENDORSEO OR CERTIFIFO) SHAII BE PLACEO IN THE HANDS OF SAID NIORTGAGEE WtTHlN TEN DAYS NEXT AF7ER PAYMENT; and in tl~e event thst any tl+areof is not ~ paid, sat'sfied a~d discharged sa:d MORTGAGEE may at any time pay the s+me or any part thereof without wsiving w affecting ~~y optan, lien, eqvity a ~ •iqF~t under w by virt~e of this mortgage and the full amount of esch and every sirch payment shall be immediately due snd p~yabk and shall bear interest : ~~om the date thereof umil paid at •ate of nine per centum per ann~m and together with such interest shall be secured by the lien of th:s morgta9e. = y:.~~ 2:~~ . ~ ~ . 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