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HomeMy WebLinkAbout0291 260~~5 THIS INOENTUitE. 1N~d~ ihe ~th d~y oi July : ~ , A.D. 19Z3 . batween Dennis W,, Carrinqton and Bdn~+ P. C;rrinaton~ his rrifQ os ~~rtin Counry Flaida, AffliM~~N d~agn+eed si th~ "MORTGAGOR." ~nd fiRST FE~ERAI SAVINGS AN~ IOAN ASSpC1AT10N OF FORT PIERCE, ~ rnrporatio~ ory~ni:ed and exis+ioq under tM laws of tM Un~t~d Su~~s of Am~ric~ and h~vinp its princlpal pl~c~ of busi~+ess in tM City of Fort Pierc~, St. Luc1e County, Flaida, hereinafi~~ desi~nated ~s ti» "MORTGAGEE." WHEREAS ths MORTGAGOR is justly indebted to tM MORTGACsEE in the ium of s 26 t ~ yood +nd lawful mawY ai the Un~ted ; States ~dvanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a cenain promiuwy nole of even da~e herewith, of wA~th th~ foltowJnQ in i wads and figure~ ii a trus copY. fo-wit: : 26 , 500. 00 ~ 1~2 ~2 Fo?t Pierc~. Flwida. .1111Y 3~ 197~._ i Fo~ valve received, 1, we w ei~her of us, promise fo pay, withouf defalcation, to ~he order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIl.T10N OF FORT PIERCE at Fwt Pieres, Florida, the sum of = 26 +~0 w~~h interest from date at the ?ate of 8.t~9o psr a~u~K in montlJ{ instd~b , , • y S teabet , w 7~_ ~~+s r ~ ments as fol ows: = 223 ~ on the 20th d+ of 4.j? and a liks s~m on ths corres di da . of rach month ~twre- y after until the whole be fully paed. , Each +nsta!lment first shaU be applied in paymenl of the iNerest and lhen on the unpaid balsnce of the prinup~l sum. 14 defauh i~ made k+ tM payment of any ini~allment when due, ar.d such default contioues 36 days, then at the option of the holde~, and without aoy other rtotiu+, alt t1+~ +oma+niny ~ ~nn~allmenh shall be due and payable at once. Privilege it given to prepay this nofe in whok w in pan at ~ny Nme withovt penahy. Neither forebear~nte, ~ nor aaeptance by the holder thereof after any default in any paymenfs hereon, shall be deemed extension. A late payment charge of j 11.15 ihall bs ~ added to each instatlment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining u~paid 7 days ~fter each succeeding payment date. i J Each matce~, surety and endor~r hereof, jointly and seveially, wsives demand, jxesentmeN protest and ratice of protest for nonpayment, and fu?ther agrees to any extens'ron of time of payment, either before or after matvrity, without notice to any of us; ~nd to psy all costs of cotlection, includ~ng a ~ reasonable attorney's fee in the evenl of any defau~t hereunder, and hereby severally waives aN benefit of homrsread snd exemption under the constitutiom ~ and laws of each State of Ihe U~ited States, as against this obligation w any extension or renewal hereof. W~tness the hand and seal of each party. a s/ Dennis W. Carrinaten ~aU ~ ~a~) ~+u $39.75 + 51 P• Carrinaton • c- ~ sr.te aeva,ue NOW, THEREFORE, 1he MORTGAGOR for the purpose of ucuring payment of »id sum of i 26~ ~0• O0 , and ths performsrxe of th~ ~ covenanfs and agreemenb he~einafter expreued, and for ~vcrs good and v~tu~bk considentions, by fhese prosenh, does graM, bary~in, ull, remise, release, convey ~nd confirm unto the MORTGAGEE, its tucceuors and assigns, all that certain lot, piete or parcel of land, situate, tyi~g, and being in the County of S t. L11C ie ~nd $tate of flwida, dewibed ~s follows: Lot 39, Block 48, INDIAN. RIVER ESTATBS UNIT NO. 7, as per plat thereof on file in Plat Book 10, Page 75, of the Public Records of St. Lucie County, Florida, , ~ .s I ~ _ . r ~ - ~ STATE oF ~LURIDA ~ ' OU ENt Of.~~ES DUCUMENTARY, ~.•-•~,STAMP TA~ f , c? DEPT. OF REtlEWUE ,~i s` r 3/ \N Pp~M~~ pKOPERC~• ' s~ en - ~ 1 C ~ o~~- B~E PE~~ ~ 1y~1. i Pa ..:.i2-'13 ~ j• : 3 9. / J ~ ~p i-r,C ,µ~t1'~G~ 1?~s i ~ ^ F~~n2 ' ~f'4' N C~ lER 1- ~S4P~S FV~ E ~ . ~~11~NS t~ ~itU~'~Rps~. 4~~~ , Rq?~j ~ ~ ~~K W ~ _i/,1`'" f . ~ I ~ rogether w~th all and iinguiar the feneme~ts, hereditsmenri snd appurtances fhereunto belonging w in anywise appertaining thereto, ~nd all renb, issves, ~ proceeds snd profin xcruing snd ro scuue from said pra+iwes, all of whid? are included i~ the above and fwegoirg description and habendum. TO HAVE AND TO HOID the above dewibed and gnnted premises unto the ssid AAORTGACaEE, its suaesson and auiyns foiewr. Md th~ ~aid t MORTGAGOR for ~1Q~1Z----- heirs, executws, ~dminisfrators and essigns, hereby tovensnri wirh ths said MORTGAGfE, ifs suctesio~s aod ~ssipro, E ihat the c'1rQ__ ~awfult seized of the said ; y premises in fee simple; thet the ~sme sre free, ckar and diuMr~ed from sll 1'~ens and encvrtr s brances in isw or in equity, and thaf t~y w,i11 and their hein sh~~l warrant and defe~d the title to the ams to the said s MORTGAGEE, its successors and assigns, fwever against the lawful daims snd demands of all penan; PROVIbED, ALWAYS that if fhe MORTGAGOR sfiall pay vnto the MORTGAGEE the promissory note hereinbefore dtwibed ~nd shaH froly, prorreptly and fufly perfwm, dixharge, execute, complete, comply with and abide by esch and every the stipulatwns, agreements, conditans and cwerunb of said promissory note and of this Mwtgage, then fhis Mortgage and tF~e Estste hereby veated thall cesse snd ba nu(1 and wid. i IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular or plursl anywhen in this Mortyage, shall be singutar if one only and o ahall be plural jointly ~nd teverally if mwe thsn one, and thar the word "t1?eir" as vud anywhe~e in tbis Mortgaye shatl be qken to mean "his;' "hers;' w°;ts;' wherever the contex~ so implies or admit~. Also, that whereve~ there is s refe?ence in tFie cove~ams and syreements herein cont~ined to any of { ~ the pirties hcreto, the ssme shall be construed to rtxsn as well ss the heirs, legal representatives, iuccesson and ~uigru (either volurttary by xt of the parties or involuneary by opention of the Iaw) of the ssme and that the covena~ts herein contained ~hall bind and the benefits and sdv~~tsges invr~ s +o the respective hein, legal represeMatives, wcceuors snd ~u~gns of the parties hereto. And said Nlortgsgors, fw themselves and their hein, legsl rep~exntatives, succeuors snd auigns, hc~eby jointty and severally oovenant snd ayree ; ro and with the said MORTGAGEE, its svccessors and auigns: - 1. To pay ~!I and ~inpula? the princip~l and imerest ~nd the variars ~nd sundry sums of money p+yable by virtve of said promissory note, and th:s mo~tgaye, each +nd every, prompNy on the days respedively the ssme severally becortM due. ~ s 2. To pay afl and singvls~ the ta:es, ssaessmenri, levies, liabilities, obligstions and encwnbrances of every nature and kind now on said dewibed Droperty, a that hereafter m~y be im~ased, wffeaed, plxed, levied, a+ssessed thereon, or that hereafte? msy be levied a aueued vpon this Mwty- ag~, or the indebtedness secured hereby, exh ~nd evcry, when due and payable, accordirg to law, befwe they becane delinquent, and before any ioterpt 4 attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PRONIPTLY SATISfIED AND DISCHARGED OF RE~ORO AND THE ORIGINAL OfFtCIAI OOCUNIENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPi OR TNE SATISFACTION PAPER OFFICIAILY ENDORSE~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS Of SAID MORTGACaEE WITHIN TEN DAYS NEXi AFiER PAYMENT; and in the event tluf a~y thereof is nw pa~d, sat'sfied and discha~ged sa;d MORTGAGFE may at any time p~y the same or ~ny psrt thercof witlw~t wsiving p a(fecting s~y opYwn, lien, eq~ity a •~~ht under w by virtue of this mortgage and the full amount of eath and every s~ch payment shall be immediately due and paysble and shall bea~ interest ~ ~~om the date thereof uMil paid at rate of nine per centum per annum snd toge~eLiw ~nteres? ~ ured by the lien of th:s morpt~ye. ' F t:~i,~' t.::- ,R~~` , ~ ~ _ ~ ~_.w .r.~.~.~ . - ~ . _ _ _ ~ P.