HomeMy WebLinkAbout2904 . ~VVViVV
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THIS INOENTURE, Mad~ tha 24th d~y of `1u1y . A.D. 19
73 b~tw~en
Ed~vard E. Carter and Eraa N. Carteri his Mife ~
of St • j..L1C~~ ~ CpyMy Ffw~d+. MreinaftN de~iy~ated as Ma "MORTGAGOR;' and i1RST FEDERAI SAVIhGS AND LOAN
ASSOCIATION Of FORT PIfRCf, a cwporation orpu?ised and ~xitlinp unda 1M laws of tlw United Statq of Am~rit~ and Iwvinp iri principal plau of
busin~ss In th~ City of .Fwt PiKU, S1. luci~ Cov~ry, Flald~, Mr~inafter d~sipnated u ~M "MORTGAGEE." ;
WHEREIIS tM MORTGAGOR is juslly i~bt~d to tM MORTGAGEf io tht sum of = 12=,~~~00 , qood ~nd lawf~l mauy of the Unitcd ~
Srates advanced by the MORiG/1GEE unto ?F~s MORTGAGOR, ~s ~videnced by + cer~ai~ p?omiuory note of even daN h~rtwith, of wh;ch ths falbwi~p U1 ,
wordi a~d figvres is a trw copy, ~o-wit: t
: 12.000.00 N, 10A2Q235 ~
Fwt Pieru. Florida. .~111Y 24. 19~~ ~
Fw vslue received. 1, ws a eithe~ o( us, {xom~se to pay, witlaut defalcatlon, to ths order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fwt Pieres, Fb~ida, the sum of = 12~~~~~ with intereit from date at the ~ate of ~.i_% per an~um, in monthly instal4 ~
ments as follows: = 10? on the~~ day of SePtemb@Y ~ ~9 73 snd a like sum on the correspondinp d~y of each month thsrr
after until the wlwle b~ fully paid.
E+ch inst~llment first shell be appl'~ed in p~yment of the inte~est and then on the unpaid balance of ths p~incipal svm. If delauli is made in 1M
payment of any installmertt when dus, and such defavlt tontinues 30 daya, then at the option of ihe holde~, ~nd withou~ any other notice, al) the remaininp _ j
~nstallmenb shall be due and payable at once. Privilege is giver~ to prepay this note in whole or in psn +t any Y~me wilhout pen+lry. Neitl?e? forebearance, !
nor uceptance by the holder thcreof a(tev any default i~ any payments hereon, shall be deemed exteruion. A IaM payment chxge of i 5~ 35 sha1~ bs
added to each instaltment remaininy vnpaid 7 day~ after ib dus dafe, and a like sum shall be added to each such installment ramaining unpaid 7 days after ~
each succcediny payme~t date.
Each maker, surety ~nd endaser hereof, jointly and sererally, waives demand, prese~tmenf protest and notice of proteat iw oonpayme~t, and further
agrees to ~ny extension of time of payment, eitl~er be(o~e or after matu~iry, withouf notice to any of us; and to pay all cosb of collectia+, including •
reasonable attorney i fee in the event oi any defauh hereureder, and hereby sevcrally waives all benefit of homestead and exemptior? under the constitutron
and laws of eath $tate of 1M United States, ss against this obligatioe w a~y extension o~ renewal hereof.
Wit~ess the hand ar+d seal of each party. •
. ~U
. s Edward E. Carter ~U
(S~?U
t~1$.~ s/ Erma N. CaYteY ~U
) Sr~te Reverwe
iSRrty ~ '..~-~~~.di~~aNe) ,
NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~yment of s~id s~m of ~ ~'2~~~~~ . and iM performance of ths
covenants and ayreements hereinafter expreued, and for divers good a~d v~fuable consideratio~s, by these presenfs, does grant, ba~~ain, seU, remise,
retease, convey ~nd confirm urtro fhe MORTGAGEF, iri succeuors and suigns, all thal censin bt, p'rou or parcel of I~nd, situate, lyirg. ~~d beirg in the
tounty of St • L11C~Q ~nd Siah of Florids, described ~s follow~:
Lot 10~ Block 4, Replat of SUNSET PARK SUBIIIVISION~ as per piat thereof on file
in Plat Book 11~ page 28~ of the public records of St, Lucie County~ Florida.
Q~ TATE oF FLt~RiDA j
DOCUMENTARY -.Y~, $TAMP TAX ~
~ pfPT. Oi REVENUE ' ~ `
1f~ ~ ~ 'i ` s ~
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~ together w~th all snd singular the tenemcnn, heredit~mcnts and appurfances there~nto belorging or i~ anywise ~pperfaininp ther~to, and ~II renb, iuves,
proceeds and profi» xauing and fo acu~e from said premises, all of whicfi ate uxluded in the abow and fae9oiny description a~d habend~m.
i
~ TO HAVE AND TO ~OID the sbove dewibsd s~d gr~nted premises unto the said MORTGAGEE, its svccestws u~d assiy~n fotsv~r. Md th~ said
MORTGAGOR for their executon, administrators and sssigns, lxreby toven~nts with tM said MQRTGAGEE, its wcceswn and astipen,
€ ihar th~ a!e lawfully u~zed of the said premises in fee simple; that the s~me ~r~ free, ckar and d'achar~eed from all liern ~nd encum-
~ brances in law or in eqvity, and thst th~ wilt and ~e~r hein shall w~rranf and de~end ttu titk to t1a ssr+~e fo ths sak!
MORiGAGEE, its s~ccessors and usigns, fwever ayainst the Iawful claims snd demands of all persons;
PROVIDfD, niwAYS thst if the MORTGAGpR shall pay ~nto the MORTGAGEE the promissay note hereinbefore described ~nd shsll truly, promptiy
and fully perform, d~scharge, execute, compkte, comply with and abide by esch and every the ~tipulaYans, s9reementi, conditiaa ~nd oove~snn of said
prom;uory note and of this Mortgsge, titen ~his Mortgage +nd ths Estate he~eby ueited sMll uase ~nd b~ null a~d void.
IT IS UNDERSTOOD fhat the word "Mortgsgw" whether in t!k singular w plural anywhere in this Mort~aqe, ~hal) be sir?yul~r if one only ~nd
shall be plursl jointly snd severally if more than ons, and that the word "their" ss used ~nywhert in thia Mort9sye ~II be t~ken to mean "h'a," "hen,"
E or •'ib;' wherever the context w impties or admits. Also, that wherever there it i rtfe~ence in tM toven+nri and agteemenri herein cont~irnd to any of
the panies hereto, the ssme shsll be constr~ed to mean as well as the heirs, leysl representatives, successors and auiyns (eithe? vol~ntary by ~ct of the
parties a involunury by opentan of the law) of the same snd that the coven~nts herein contained sh~ll bind ~nd ths beeefits and advaotap~s lnun
to fhe respective hein, kga! represcntatires, successon +nd au~gns of the panies f~ereto. '
? Md said Mortgsgors, for themselves and their hein, legsl represe~tatives. sutcessors ard auiyns, hereby joiMly and severally coven~nt snd apne
't to and with the said MORTGAGEE, its successon and auigr?s:
1. To pay all and singular the pri~cipal and imerest snd the veriovs and ivndry sums of mo~ey pay~ble by virtue of said p?om;ssory note, ~nd tha
mortgaye, eacl~ and every, promptty on the days respeaively the iame severally becwne dve.
~ 2. To pay dl and singular the taxes, asaessrr~enb, kvies, liabilities. obligsYqns ~nd encumb+nces of every neture and kind now on said daxribed
property, or that hereafte? may bs imposed, suffered, plxed, levied, a ~uessed tMreon, w tMt f~eresftet may be levied or asses~sd upon thi~ Matp-
} sge, a tiie fndebtedneu secured hereby, each and every, when dve and piyable, ~ccordinQ to law, before they becorr~ delinq~em, ~nd befor~ sm &?terest
S attaches w any penalty is incurred; A~1D INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 9E PROAMILY SATISFIED AN~ OISCHARGED Of
RECORD AND THE ORIGIhAI OFFICIAI DOCUIKENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OFFICIAILY ENDORSED `
~ OR CERTIFlEO) SHAII BE PIACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the event ti~at any thereof is not
# paid, taYSfied and diitharged sa:d MORTGAGfE may st any time pay the same o~ my psrt thereof without w~iving p ~Hettinp ~ny option, lien, eqvity or
•~qht unde~ o? by virtve of this mortgage and the ful! amount of each ind every such payment shall be immediately due ~r?d paysbk and shatl bear interest
z ~•om the date tF~ereof until paid at rate of nine per centvm per ~nnum and toyether wilh such inferest shatl be se~ur~d ~y~ien of tiy~~q~pt~e.
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~~~.+r'~>;V`~v.~..,~:t~-.''*~~.,,'".~,.r , 3"~`~xi.
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