HomeMy WebLinkAbout0293 ~ 26U42~
THIS INDENTURE. Msd~ the Zs{' day of ~U~t „ AD. 1973 betwa~++
_ Thurman D. ~~ters and Dorothy M. Waters, hia xife, -
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of SL• LUC~ „=p~~~y F~~~~ ~~jMfiN deiiynated +s t}a "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO IOAN
ASSp~IATION Of fORT PIERCE, i torporatia~ ayaniied a~d ~xiiti~g ve+der fhs laws ol th~' Uniled 'Stat~s ~of Am~rit~ ~nd havl~p its printipal place of
buun~ss In tM City of Fat Pi~rc~, St, luci~ Cou~ry, Flaida, herainafter d~sipnaNd as 1M "MORTGAGEE:'
W11ERfAS th~ MORIGAGOR u ju~tly indebted to th~ MORTGAGEE in the sum of i 18a~~~~ good and lawfu! rnonsy ot ~he Un~ted
STates advanc~d by tM NtORTGAGEE unto the MORTGAGOR, as svidenced by a certain promistory r?ote of even date herewith, oi which 1h~ fqltowir?p in
words and figur~s is • trw copy, towi~:
= 18,000.00 N, 10020Q61~
Fwt Pierc~. Florida. AUiC1l3t. 1~ ~19~~
For value received, 1, we or either of ~s, promise fo pay, without def~lcation, to the order of FIRST fEOERAI SAVINCS AN~ LOAN ASSOCIATlON Of ~
FORT PIERCE at fwt Pierce, Florida, the sum of = la~~~~~ with interest (rom dafe at the rate of ~Z9L per annum, in rtanlhly instal6
_ ,LA 3
ments as follows: ~ 1~~ on the 2 h d+y of september , 19~ and a like ~um on the c~respondin~ day of each monih the~r
after until the whole be fully paid. .R:". .
E~ch ~nataltment fint :hafl be applied in psyment of ths interest ind then on the unpaid b+lance of the princ~pal sum. If de(ault ls msde in tF»
payment of a~y installment when due, a~?d such default continues 30 days, then at the option of the holde~, and without •ny other notice, all tF~e remaininy
~nstallments shall be due and payable at once. P~ivitege i~ given to prepay this note in whole or in psrt at any tims wilhout penslty. Neithe~ forebearuxe,
nor acceptance by the Falder thereof aiter any default in any paymentt hereon, ~hal1 be deemed eatension. A late paymem charge of S S~10 slwll bs ~
added ~o each i~slallment remaining unpaid 7 days afte? its due date, a~d a like sum shall be added to each such installmenf remeining unpaid 7 days after
each succeeding payment date.
Each maker, surery and endo~ser hereof, jointty snd uveralty, waives demand, presentmeret protest and notice of p?otest fa nonpayment, and fu?ther
ngrees ro any extensiw~ of time of payrrxot, either before a afte~ maturity, without notice to any of us; and to pay all costs of col{ectioo, irxlud~ng ~
rsasonable attwney's fee in the evenl of aoy default hereu~der, snd hereby severally waives all benefit of homestead and exemption under the cautitufion
and laws of each 5tate of tFre United States, as agsina! this obligation or any extension or rcnewal Fxreof, t
W+tness the hand end seal of each party. ~
S/ Thurman D. W~ters ~
cs~?u
S Dorott~y M. Waters ~,,,U
~ `p27•~ ~ State Revenue «u ~
(6+sr~ptw+eeile~eRerqU+~~e~ote)
NOW, THEREFORE, the MORTGAGOR fw the pu?pose of secvri~g payment of said sum of = 18~~0~~ ~~nd the performance of th~
covenant: and ayreements Mre~nafter expressrd, arsd for d+ven good and valuabls considerations, by these presents, does grsnt, baryain, sell, romise,
release, convey and confirm unro the MORTGAGEE, in succeuors and issiyns, all that certain bt, piep or parcel of I~nd, situate, lyinp, and beinp in the
County of $t •~C ~ ~nd Stat~ of Florida, dewibed as follows:
Lot l~ and the West ~ of Lot S, Block 17, SUNLAND GARDENS, as per plat thereof on file
in Flat Book page 32, oP the Public ~ecords of St. Iucie County, Florida,
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STATE ~F FLORli7A ~ ~
QOCUMENTARY,v`:.~STAMP TA X ~ U ~pySS ;
°c~ t° DEPT. OF REYENUE d' r ~ 6' \N p~~ pnOp~r' ~
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- ~e .•73 2 7. o o r 3 ~~~~,a~ ~~S ~ ~
; °f a ~ ~~~02 ~ - ~ ~~'C~~a~E~R ~ (~.C ~ nA i
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€ together with ait and sirgvlar the fenements, heredifaments ~nd eppurunces thercunto belaging or in ~nywise appertainirg thereto, and all renb, issues, -
proceeds and profits suruing and to acvue from said premises, all of which are included in 1he ~bove ~nd foregoirg dewiption and h~bendum.
; TO HAVE AND TO HO~D the sbove dewibed and ranted
g premises umo the said MORTGAGEE, its suocesson u+d assipru forever. Md th~ said
~ the ir
MORTGAGOR for - heirs, exetutors, ~dministrators snd assigns, hereby tovetunts with the uid MORTG/lGEE, it~ suaestors ~nd'as~ipro,
E that ~'~X 'q~ - lawfull uized of the said
; y premises in fee simple; tMt tha same are free, clear and dixhsrQed from ~11 liens and enturrr
~ ~rances in law w in equity, ar+d that thAy wi11 and their hein shall warrant and defend the title to the s~me to the t~id ~
: MORTGAGEE, iri s~ccessors snd assigns, fwever against the Iswfvl ctaims and demands of all pe?sons;
; PROVIDE~, ALWAYS that if tF?e MORiGAGOR shall psy unto tl+e MORTGAGEE the p~omissory note hereinbefore detaibed and shall truly, promptly
~ and fully perform, diuF~arge, execute, compkte, compty wirh snd abide by eath and every the stipulations, agreements, conditions ~nd oovenanb of said
promisswy note and of this Mortgage, then this Mortgage ~nd the Eatate hereby created shall cease ~nd be nvll ~nd void.
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IT {5 UNDERSTOOD thst the word "Mortgsgor" wF+ether in the singul~r w plural snywhare in this Mo~tg~qe, ahall be sinpulu if one only and ~
shall be plural jointly ~nd severally if more than one, and that-the wwd "their" as used anywhere in this Mortga~e shall be t~kcn to mtan "Fiis," "b~n," '
or "its," whereva the context w implies or admits. Also, that wherever there is a refe~ence In the covenaots and apreemenri herei~ contained to any of ~
' the parties FKreto, ~he ssme shsll be conitrued to me+n as welt as the hein, legal r~esentatives, svtcesson and assiym (either voluntsry by act of tM i
; Parties w invotum~ry by opcration of the law) of the same and that the covensnts herein contained shall bind ~~d the benefiri and advantap~s inun
+o the respective hein, le9al representatives, succeuors and auyns of the parties hereto.
And said Moatgsgon, for themxlves and their heirs, leyal repreunt~tives, suuesson and aui9ns, i~ereby jointly and severally coven~nt and apree i
_ ro and with the said MORTGAGEE, its successon snd a~sgns:
1. To pay all snd sirgut~r the principal and interqt a»d t1~e ra~ious and sundry swns of moneY paYaWe by virtue of said promisawy note. ~nd this
:nwtgage, esch snd every, promptly on the days respectively tF~e same severally became due.
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2. To psy ~11 snd sinpvlar the taxrs, suessmenb, lev'~es, lisbilities, obligations and ~ncumbances of every ~atwe and kind now on saia de~uibed
property, or that heresher may be imposed, soffered, ptaced, levied, or assss~sd ihereon, o~ thaf hereafter m~y bs levied a asuued upon this Mort~- =
ege, o~ the indebtsdneu ucured hereby, esch ~nd every, when due ~nd psyable, ~tcwdirg to law, befo?~ tF~ey become delinquent, aod befor~ a~r interest f
attaches w any penalty is inturred; AND INSOFAR A$ ANY THEREOf IS OF RKORD THE SAMf SHAL[ BE PROMPTLY SATISf1ED AND DISCHARGED OF
D.ECORD AND THE ORIG!?JAl OFFICIAI ~OCUMENI (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR jHE SATISfACT10N PAPER OFfIC1AllY ENDORSED
OR CERTIfIED) SHAII BE PIACE~ IN THE HANOS OF $AIO MORTGAGEE WITMIN TEN DAYS NEXT AFTER• PAYMENT; ~nd in the event thst any thereo~ is not
pa;d, sat'sfied and diuhuged ss:d MORTGAGEE may st any time p~y fhe same or a~y p~rt the?eof without wiivinp or ~ffettitg any option, lie~, eqvity ot
•~~ht under or by virtue of ~his mortgage and rhe full amount of esch ar~d every such payment ihall be immediately due and payabk snd sF?all bear intereat
~•om t1ro date thereof until paid st rate of ni~e per centum per snnum s ~ such int i be sec~red by the lie~ of tb:s mor9tap~.
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