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HomeMy WebLinkAbout2908 tiVV1uo . , iN1S INDENIURE, Mads tM lbth d~y Of 'Juiy A.O. 19~. betw~ John R. FYeeaan and Cuoline V. Fseesan. his Nife of St • WCi@ County florid~. Mr~inaftK d~tign~ted as tM "MORTGAGOR;' and FIRSi FEDERAt SAVlNGS ANp IOAN I ASSOCIATION Of FORi PIfRCf, a cwporatan o~paniz~d and existirg unda 1M lawi of tM U~it~d Stat~s of Am~rita ~nd Mvinp iri principal pl~c~ of busirna In ~M City of FoA PiKC~. St. luci~ County, Florida. MreinaitK deip~at~d a~ tl» "MORTGAGEE:' WHEREAS 1h~ MORTGAGOR is ju~tly ind~bMd to tM MORTGAGEE io tFw ~um of ~ 29~'4~~~ ~ good end lawfvl money of ths United ' States adva~ced by ths MORTGAGEE unta the MORTGAGOR, as +videnced by a c~rta~n prom~uay note of even date herewith, of wh~ch ~M ioilowinp io ~ wads and figure~ is a trw copy, to-wih ~ ~ 29,400.00 ~,j,10020193 • ' fwt Piera. Florids. J~lY 16~ 19.~._ For wlue received, 1, we or either of ui, promi~e to p+y, without defalcation, to the order of fIRST FE~ERAL SAVINGS AND IOAN ASSOCIA110N OF fORT PIERCE at Fort Pierce, Fbrids, the svm of i 29L'a~~~ ~ wirh iMeres~ from date st the rate oP'~ 25 96 per an~um, in monthly i~stalb ~ rT,ems ss foltows: ; 232 on ths Z~hday of Au4usL , 1973 a~d s like sum on the correspa~d~~?y day of each month tMrr ~ after until ~he whol~ bs tully paid. + I Each installment firtt shall be applied in paymeM of the interest ~nd then on the unpaid balance oi the principal sum, (f defsult is meds io fhs t payment of sny irutallment when dus, and such default continues 3p dayi, then at tha optan of ths holder, and without any othar notice, al` tF.e ~enainirg installmeori shall be due and payable at axe. Privilege is given lo pr~p~y this note in whole or in psrt at any time without penalty. Neither forebea~yft~, nor ~cceptanc~ by the ho~der lhereof afte~ any defauh in any p~Yments hereon, shall b~ d~kned eYrension. A late payma?t.ciyr~ of ~~rd+~lt M < added to each installment remaining unpaid 7 day~ after ifs due dats, srd a like svm shal! be added to each such instaUment remaininq unpai3 7 day8. ~fter F aasb succecding p~Ymcnl date. ~ ~ ~ ~ . Esch maker, w~ety and endasen c~reof, joindy snd uverally, waives demsnd, preseNment protest and notite of protest for ranpsymtnt, and fvA11K ~ agrees fo any extensia+ of time of paymenf, eilher before or aNer maturity, without notice to any of us; and to pay al) tosts of collection, includi~p • reaso.~sable attorney i fee in the event of sny default hereunder. and hsreby severslly weives all benefit c•f homestead and exemption under tl+~ constifution and laws of each State of the United S~atea, as againat this obl'~gaiwn o? iny extension p rcnew~l hereof. ; Witness the hand and seal of each pa?ty. ~ S/ John R. Free~an ~ 3 (s~?U S/ Caroline V. Freeaan~ ~ t • ) State Revenue ~u (Stamps wnoetled on oriyinal notej ~ NOW, THERfFORE, the MORTGAGOR for the purpose of secvrir?g payment of said sum of = 29+4~•O0 , a~+d ths performance of the ~ covenants and s~reemenq hereinafte~ expressed, and for diven qood snd valuable considentions, by thes~ {xesentt, - does grent, bary~in, ~ell, remise, release, convey and confirm unto the MORTGAGEE, ih svcceuors and asaigns, NI that cena;n bt, p'~ep or pucel of Iand, situate, (yirg, and being in ths ~ Counry of St. LL1C1@ and St~te of Florida, destribed ~s follows: ! a ~ Lot 6, less the East 1.S feet, HAMIL20N ACRBS, a resubdivision of ~ Lot 29~ MARAVILLA GARDBNS, UNIT ONE~ as per plat thezeof on file in i Plat Book 14~ Page 6~ Public Records of St. Lucie County~ Flozida. ~ ~ ~ . ~ N = STATE flF ~FLOR~DA ~ ~ DOCUMENtARY~•..., StAMP TA> ~ ~ . ~ c~ ~ OEPt. OF REYEMUE ~ ~ ~ _ - ,....3473 ~ .r~ ~ ~ ~ L V ~ , ~ ~ _ P.~. ~ ? ~ ~ ~ ~ o =!l302 ` , O 1K PA'ME~ ~ ~ ? i . . . . . . ~ ~ ~ ~_~,,Zt~,u ~~n~ ~ ' Oll~ ~t II-135. AG1S OF 11iI1. ; , i~IpSllk~ TO ~,~t pp11RAS ~ ~ ~SL1~~'~' • ~ i d ~ i1~ ~ o,~~ ~ i ~'~fo ~ y 6 T f ~ ! together with all ~nd singutar the tenements, hcreditamenh ~nd appurt~~ces thereunto belonging or in snywise ~ppertaining thereto, and ill renn, issws, ` ~ proceeds and profin scvuing and to acaue from said pemises, atl of whid? sre incl~ded in 11~e abovs and fwe~oiny desuiptan and habe~dum. f TO HAVE AN~ TO HO D ths ibov~ described and g~snted p?emises vnto the s~id MORTGAGEE, ib suoceuors and assiyiu fortver. Md tM s~id ~ u ` MORTGAGOR fa the I_` ~~n, e:ecutors, sdministratws ~nd suigns, hereby toven~nts with tha s~id MORTGAGEE, i» suocessws ~nd ~ssipm, ~ ~ rhat the~? are _ ia~~nY kized of the said premises in fee simple; tFut the same are frse, tkat and diuh~ryed from dl liero u?d ~ocvm- ~ ~ brances i~ Isw or in equity, and that t~y w;11 and theiz W~rrant and defend ths titl~ to the ~ams to the aaid ~ MORTGAGEE, its tuccesso~s s~+d assigns, forever against the lawfv! claims and demands of all penan; ~ PROVIDED, AlWAYS that if the ~NORTGAGOR shall pay unto the NkORTGAGEE the p~omiuwy note hereinbefore dexribed and shsll truly, promptly and fully perfwm, dixharge, execute, complete, comply with and abide by each snd every the tfipul~tions, sgreement~, co~ditian and covenanri ot s~id ~ promiuory note and of this Mortgage, tl+en this Mortg+ge and the Estate hereby ueated shall ces~s and be null and void. E IT IS UNOERSTOOD that the word "Ntortgagor' whether in the singulsr w plunl anywhtre in this Mottg~ye, shall be siryulu if ons only ~nd ! shall be plur~l 'pintly and severally if more than one, snd that the wwd "tFxir" as used ~nywhere i~ iha Mortysge shall bs Tekee~ fo mesn "his;' "h~n," E or "its;' wherever the context w implies a admitt. Also, thst wherever thcre ~s a reference in rhe covenann •nd .greemenn herein eonr.irKd fo .~y of F rhe psrties hereto the sams sball be construed to mesn as well as the heirs, legsl rtpresenNtiva, succe:son and ~uigr?s (eitFur volunt~ry by att of th~ parties or involuMary by operation of the I~w) of the same and that the covenants herei~ contained shalt bind ~nd the benefirs and advanipp Fnw~ to the respective heNS, legal representatives, successors and au~gns of the p~rties F?creto. Md said Mortgagors, fa t}~e+wxlves and their heirs, legal representatives, successors ~d ~uiyns, hereby joinHy and severally coven~~t and apr~e +o and with the said MORTGAGEE, its successors and suigns: i 1. To p~y all and sirgular ths principsl and interest a~d the wrio~s snd sundry sums of money payable by virtue of said promissory rwte, and this ~ mortyage, each snd every. promptly on tt~e day~ reapectively fha ssme severally become d~e. z 2. To p~y ~II and urgvla~ the taxes, sssessments, levies, tisbilities, oblgatw~?s and encumbrances of every nature and kind now on said desuibed # PrOperiy, o? tF~st hereafter may be imposed, suffered, plsced, levied, w ~ssessed thereon, o~ 1F?at here~her msy bs levied or usested upon this Mort~- t age, a tF+s indebtedneu secured hereby, euh ~nd every, when due and payable, xcordirg to law, before they becom~ delinquent, ~nd befor~ arry int~tes~ i at~aches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHARGEO OF ~ RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (Sl1CH A5, FOR INSTANCE, THE TAX RfCEIPT OR THE SATlSFACTION PAPER OFFICIALLY ENDORSED ' QR CERTIFfED) SHAII BE PtACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tFK event 1Mt any thereof is not i ~ paid, sst'sfied snd disch~rged sa:d MORTGAGEE may at any time psy the same or any p~n thereof withouf waiving a affectinp sny option, lien, eqvi?y or ~ ~ ~~qht under a by virtue of this mortgsge and the full amount of each and evrry sucb payment shsll be immediately due and abk snd sMll bear i~terest ; ~rom the date thereof until paid at rate of nine per centum per annum and together with such in t~secvred of th:s mor9tapa ; ~^G!.~~~ , ~rt v ~ ~ ~ ~ ~ x Y" i es ~ .s!-La 5 ~ .'~~2"S~ .N" + - ~ ? F' ~ ~.'ri~"3/++~v . . ..ti%_R"f~~ .~~9 f'nt °4