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Home My WebLink About0303 2~U431 1HIS INDENTURE. Msd~ the 17th day of July A.D. 1973ti between AMERICAN HOMES b MORTGAGE, INC., a Rlorida Corporation of St• Lucie Co~n1y Flaida, hereinafter de~ignated ~s the "MORTGAGOR;' •nd fIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION OF fORT PIERCE, a corporation wy~ni:ed a~+d existi~g uoder tM laws of the United Suto~ of Amaric~ and Mvin~ its principai pt~cs of buunesi in tM City of Fwt Piace, St. lvcie Covnty. Fiwida, harair+afte~ designated as tM "MORTGAGEE." ~ WHEREAS ti~~ MORTGAGOR is jutNy ir~dtbted to tM MORTGAGEE in the aum of i 32 , good a~d lawful money of the UoAed States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certa~o promiuory note of ever? date hcrewith, of which Ihe toitowinp in ± w«ds and figures is a true copy, to-wit: ~ 1~20206 : 32,0p0.00 fort Pierce. F~or~da. July 17 .~q" 73 ~ For vaiue ~eceived, 1, we w either of us, prom~se to without defalcation, to 1hc order of FIRST FEDERAL SAVINqGS~ AND LOAN AS~SOCIATION OF ! FORT PIERCE at Fort Pierce, Florida, ihe ~um of S 32~~~~ w~th interest from dste at the rate of 8~2"9'o per annum, in monthly install- ments as (oltows: S__ Z73~~ o„ 2Oth day of Oetober ~9 7~nd a like aum oe the carespond~ng day of each month there- ~j after until the whole be fully paid. r E~ch i~staliment (inf shall be applied in payme~t ef the inteiest and then on the unpaid balance of the printipal sum. If defauft is msde in the - paymenl of any install~nent when due, a~d such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining ~ ~nstallments shall be due and payable at onte. Privilege is given to prepay this note in whote or in part at any time w;thout per»Ity. Neither iOrebearance, ; nor acceptance by tFK holder thereof after any defautt i~ any payments hereon, shal! be deemed extens;on. A late payment tharge of s±~, shall be 'e added to each installment remaining unpa~d 7 days after ib due date, and e like sum shall be added to each such instaflment remaining unpaid 7 days after ~ each succeeding payment date. . ~ Eath maker, surety and e~dwser hereof, jointly and :everaily, wsives demand, prexr.tment protest and notice of protest tor nonpaymenL and funher agrees fo any extension of time oi payrrKnt, either before o~ afte? maturity, withaut notice to any of us; and to pay all coata of collection, includ~~g a ~ reaso~able attorney's fee in the event of any default hercunder, a~d lxreby severally waives all benefit of homestead and exemption under the constilution and laws of each State of the United States, as agairt~t this obligation w any extensio~ w renewal hereof. ~ w~mess rhe hand and sea! ol each Party. EIMERICAN HOMES & MORI~GAGE~ INC• cs~~u v- BY: S W 11 a~ A. Anderson Z Corporate Seal Affixed . es en cs~~u ~ i ATTEST: S/ Verna L. Anderson, _ - ~ ~'48~00 ) Sta1e Revenve ' ~S~ ~w~~~~~r.~~~~a Secxetary NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of S 32l~~~~ and the performarxs of ths covenenri and agreements hereenafter expreued, and fw d7ven good ar~d vatwble consideratiau, by these p?esenq, doe~' grant, bar~ain, ull, temJse, releau, convey and coniirm unto the !~ORTGAGEE, in succeuors and ~uigns, all that ccrtain bl, piece or parcel of lu~d, situate, lyin~, and beinp in the ~Wn~ af St• L1lC1Q State of Florida, dexribed a~ foltows: Lot 16, Block 174, LAI~WOOD PARK, UNIT 12A, as per plat thexeof on file in Plat Book 11, pges 35, 36, and 37, of the public records of St. i.ucie County, Rlorida ; STATE ~F FLQRIL?~ ~ ~ ~ ~ t~ DOCUMENTARY~~STAMP TAx ~ p 4~,dit~~ . " DEPT. OF REVEMUE f° • ~ ~ y- v, _ - , ) L~ ~N ~Na~ ~yi~. _ _ = ~~~2: ~3 = ~ - ~ 4 e. o o , cs. ~~~~'G~B~~ ;~acjs 'I o =tt~o2 , ~C~"'~'C, fio 1~~~5.,,'. ~c, ~P `,,,i~ i ~ ~t ZO ~;ca~~t~ f . . . . C`~V~t ~ ~ C~- 4 i ! f 's together with all and singutar the tenements, hered"etarrK~n and appurt~nces therevnto belonging or in aoywise appertsini~g iherero, ~nd all rents, iu~es, ~ proceeds and profiti scuving snd to accrue from said premises, all of wFiKh are included in the above and foregoinQ description snd hatx~ndum. ~ TO HAVE AND TO HOLD the above deuribed and gramed premises unto the said MORTGAGEE, in s~rcceuors end auigru foreve?. Md tM said ~ MORTGAGOR fw hein, executws, administntws and assig~s, hereby cove~ants with the aaid MORTGAfiEE, iti succesiws and ~stipm, ~ that -1 t 1S ~awfully se~zed of the said premises in fee simple; fhst the s~me sre free, ckar and discF?arged from all I'iens a~d encwn~ brantes in law or in equity, and that 1~ W~~~ 1t5 heirs shall warrant and defend the titk ro the sams to tM w1d MORiGAGEE, its successors and aug~s, forever against the lawtul daims and demaeds of all persau; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiasory note hereinbefore described ~nd sh~ll trufy, promptly 3 and fully perform, d~scFwrge, execute, comptete, compty with and abida.by esch and every tke stipvlationa, sgreements, conditiaa and covensnts of said ~ promissory note and ol this Mortgage, then this Mortgage and the Eatate hereby ueated sh~ll cease and be ~ufl a~d void. ~ IT IS UNDERSTOOD thst the word "Mwtgsgor" whether in the singular w plural s~ywhe~e in this Mortg~ge, shsll be singutar if one only ~nd shall be plural jointly snd severally if more than one, and that the wwd "their" ei ~sed anywhere io this Mo?tgays thsll be taken to mean "i~is,•• •'hers;' ~ or "its;' wherever the context so imp~ies a admits. Atw, that whe~ever there is • reference in the covenants ud sgreemenb herein contained to any of ; the pa~ties hereto, the tsme shall be constwed to mean as well ~s the heirs, legsl representatives, suctessors and assigns (eitlxr volunt~ry by sct of the parties w involu~t~ry by operation of the law) oi the same :nd that the covensnts herein coritained shall bi~?d and the benefib ~nd advsntayp inure ro the respedive hein, legal representatives, wccesso~s and ass~gns of the psnies hereto. And said Nbrtgsgon, for themselves and their heirs, legal represeNatives, succeuori and auigns, hereby jointly ~nd severally covensnt and ayree ro and with the taid MORTGAGEE, its succes~ors and assigns: • 1. To pay slt and singu(ar tlx pfincip~l and ioterest and tFM variovs and sundry sums of money payable by virtue of said promissory note, and this ; matgage, each and every, promptly on the days respectively the ssme teverally becwne due. 2. To psy all ~nd sing~lar the tsxes, +:sessments, lev'~es, liabilities, obligations and encumbsnces of every ~sture ard kind now on said desvibed ~ property, or tF~at hereafter msy be imposed, suffered, placed, levied, w~uessed thereon, or thaf hensfter may be levied w eiseased upo~ thb Mortg- ~ age, a the (ndebtedness secured hereby, exh ~nd every, when due and payable, xcwdi~p to bw, before they become delinquem, u+d before ~ny interest z artaches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISftEO AND OISCHARGED OF RECORO AND THE ORIGIfYAt Offl~tAl DOCUMENI (SUCH AS, FOR 1NSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSED ~ OR CERTIFIED) SHAII BE PIACE~ IN TME HANDS OF SAIO MOR~GAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not paid, sat"sfied s~d dixhargcd sa"d MORTGAGEE may at any time pay the same w any pan the~eof without waivinQ w sffecting any option, lien, eqvity w r ~:qht under w by virfue oi this mor~gage and the full amount of each !nd every such payment shall be immediately d~e and payable and thall beu interest ' ~.om the date thereof until psid at rate of nine per centum per annum arld iog~ ,y~j?h such int~euy~alt be secured by the lien of th:s rtwrgtape. a ~ F~fr:~_ i FA;~ ~viJ ~ ~ , ~ - _ ~ ` : - ~ ~ ~ _ . ~ . _ . . . . ~.^J . ~