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HomeMy WebLinkAbout0509 260583 THIS INDENTURE. Mad~ the 6th ~y of AugLl$t A.D. 19 73 ~ betwesn Robert G. Major and Rsvola J. Ma?ior his Mife of St • LUC~@ ~~nry Flwida, IIlffiMftN d~sign+?ed ai rFw "MORTGAGOR;' ~nd FIRST fE~ERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERtE, a corpaatioe~ orpaoized ~nd ~xiitinp unda IM laws of th~ U~it~d Sta~~s of M+~ric~ ~nd havinp its p~incipal plac~ of busin~ss In th~ Ci~y of fwt PiKp, 51. luci~ Couoty, Florid~, luroinaftH desipnated u tM INORTGAGFE." ~ WNEREAS the MORTGAGOR h i~nrly indeb~d ro rl+~ 1V~RTGAGfE F~ ~w su,~ of ~35 ~ 200~ ~ ,~ood ~nd lewful mor+ey of tl~ Unlted ~ Statei adv~nced b tM MORiGAGEE unto tha MORTGAGOR, ~s evidenced b i cKUin ~ Y Y promi~wry ecle of even date he~ewith, of wF?~ch ths tollvrinp ln ~ wads and f' urq is a t~w copy, to-wit: F : 35~~0~.00 ~1002C+2i~4 ~ ~ P~. August 6 ~0 73 ~ For vatvs received, 1, we a eithe~ of us, prom~se to witho~t defalca~ion, to the order of FIRST fEDERAt S!?VINGS ANp LOAN ASSOCIA?ION OF ~ FORi PIERCE at fat Pisrce, Flwida, tFx sum of S 35 ~2~~ ~ with interest from date at the rate of 8~9 % pe+ annum. in monthly instal4 ~r menrs as iollows: i~6.0~ Z~L11 ~y of Septeaber ~~9 73 and a like ivm o~ ~he correspaxliny day of euh month there- after uMil the whole_be fully paid. ~ ~ Esch installmeM fir:t shall be applied in payment of the interes/ and then on tIK ynpaid balancs of ths princ~p~l wm. If defauh is mads in ths paymrnt of any instaltment when dus, and such default conNnues 3p days, the~? at the option of the holdar, and without any other not~ce, all tho remaininp ~nstallments shsll be due and payable at once. Privileps is piven ro prep~Y this note in whola w in p~rt ~t ~~y time without penalty. Neithsr forebear~nce ~ nor atteptance by the holder the~eof after any defauM in sny paymenrs he~eon, shad be deemed extensiue~ A late payment charge of Z 14 thsll be ~ added ro each instatlment remaininp unpaid 7 days after its dua d~te, and s like sum shall be added to each suth inalallment remeining unpaid 7 days ~fter ~ each svcceeding payment date. Each maksr, w~ety and endorun c~reof, jointly ~nd severally, waives demand, prexnrmcnt protest and notice of p~orest fo~ nonpayment, and fuhher C~ agrees to sny extensiw~ of time of paymenL eithcr before w after maturity, wirhout notice to any of us; ~nd to pay +11 cosn of collection, includ~np a ~ reasonable attwney's fee in the sve~t of any default herevnder, snd htreby uverally waives atl benefit of homestesd s~d ex~mption u~der the constitutiw~ and laws of each State of the United States, as against fhis obligation or aoy extension a renewal hereof. ~ Witness the hand and sea! of each pa?fy. ~ ~AU ~ S/ Robert G. Ma ior ~,U ~ ' cs~rW Y S/ Rayo2a J. Ma, j_or ~ ~v ~ $ SZ • ~ 7 Stats Reven;ie ~~-ly~::_^'-~I~d_or~orioioal wota NOW, THEREFORE, the MORT('aAGOR fo? the purpose of securing payment of said sum of ~ 35~2~•~ and the performarxe of ths covenants and agreementt hereinafter expressed, ~nd for divers ~ood and wlwb~e consideratiaa, by tF?ese presents, does pr~nt, b~ry~in, sell, remiss, retease, convey snd confirm unto the AhORTGAGEE, its successws snd suigns, all tMt uet~in bt, p'~ece or puosl of lud, situats, lyin9, and beug in ths =W~ry ~ St. L.t1C1@ and State of florida, dewibad as fdbws: Lot 43, Block 19, RIVER PARK, UNI? 2 as p¢r plat thereof on file in Plat Book 10, page 72, of the public records of St. Lucie County, Rlorida? ~°~1 u Q~,~~,~~'~°9~,. . ?~r e~Q~~~s`3` ~ . ; ~ ~ ~~~1~~ ~ ~ oF FLORIDAZ .~~o.~,~ ~St. ~ _ : STA7'E vti~~~.o G~~ STAM? T~~~ ~ ` ~ ~v~~ s~~ o~ ~ d pOCUMENIARY ~ ~ ; ~ ~ . ~z 2. g 01 ~ ~ UfPj.Of R£YE ;s ~ ~ ~ ~ z~ 'i' - ,.,,~-6'i3 ~ ~ - ' ` 3 i ~ ~ = `v.S.2 E 0 ~ ; ~ i i . . . . i ~ t ~ ~ { ~ t ether witb sll and si ular ths terKmenn, hereditaments and • rfance~ tlxreunto be or ln a~ ise a ny ! ~ ug ng ppv lonyirg yw ppeAai~i tF~erero, and sll rents, issws. proceeds ~nd profin acc?uing and to xaue from said premises, alt of whicfi ~ra uxluded in the abov~ snd for~yoirg dacripYan ~nd habend~m. s ~ TO HAVE AN~h~i}11pLD the ~bove deuribed ~nd granted prem[ses unro the said MORTGAGEE, ib successon and ~ssiyns fu~wr. Md th~ said i MORTGAGOR fa r hein, executors, administrators ~nd sugns, hereby coven~nts with tFN said MORTGAGEE, in wcceswn ~nd sssip~u, rhat theyt a re ~awfully se~zed of the said premises in fee simple; that tfn ssme ue free, c(e~r snd d'acluryed from all li~ro and ~ncwo- ~ brsnces in law or in equ~ty, and that they will and their hein shall war~aro and defend the titls to the same to th~ aid MORTGAGEE, i» wccessas and sssigns, fwever a9~inst the I~vrfut claims and demands of ~II perwns; i PROYIDED, ALWAYS thst if the MORTGAGOR shsll psy unto the MORTGAGEE the promiupy note hereinbefore desttibed ~nd ah~0 trvly, p?omptly : j and fully perform, d~xlwrge, exec~te, tompkte, comply with and abide by each and every tlx stipulations, agreements, conditions and covensnri of said ~ prom~uory nore u?d of this Mortgage, then tF~is Mortgage snd the Est~te hereby ue+ted shall cease and b~ null and void. IT !5 UNDERSTOOD that the word "Nbrtgsyw" whether in the singul~r a plwal ~nywhen in this Mortg+ye, sFull be siryul~r if one only a~d shall be plural jointly and severa{ly if more than one. ~nd that the wwd "their" ~s vied anywhen in this Mort9aye shali be taken 1o mean •,his; ••'M~s o+ "iq;' wherever the context w implies or admiri. Also, that whereva there is • nference in the covenanb a~d agreemenn herein cont~in~d to any of ; rhe parties herero, the same shall be comtrued to mesn as well as the heirs, leyal rep~esentatives, successon ~nd iuigro (either volunt~ry by sct of th~ parties or involumary by operation of tFK law) ef the s~me and that ~he covena~n he~e~n conra~ ahsll b~nd and rl» bensfin and advanra~s inur~ E to tbe respective he'as, kg~l representatives, successws and aa~yns of the pania herero. And said Mwtga9ws, for tF+emselves snd their hein, legal representstiva, svaesaors sr~d auigns, hereby jointly and sever~lly cove~?t and agne ; ro snd with the s~id MORTGAGEE, in t~?ccessors ~nd assigns: ; 1. To pay ~II and singul~r tFK principal snd i~terest and the various and wndry svms of money payabls by virtw of s+id promissory ~ote, ~nd thit mongage, exh snd every, promptlY on tM days respectively the same severally becom~ dw. ~ 2. To pay ~II a~d s'u~gvlar tF~e t~:es, assessments, levies, liabilitrcs, obliy~tioi?s ~nd e~cumbances of every r++tur~ a~d kind now on ~aid describ~! ~ property, or that hereafter may be imposed, suffered. Ptaced, lev'~ed. w assessed thereon, a that heresfter m~y b~ kried a a~~euad upon this Nbrtp- ' age, w ths indebtedr~ess secv~ed hereby, exh ~nd tvery, when due and p~yable. ~ccwdirg to (~w, btfwe they becane dtlinquenL ~nd befor~ ~rry int~rpt ~ 3 artaches w sny pe~shy is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAII 6E PROMPTLY SATISFIEO ANO OtSCHARCaEO OF ~ RECORD AND THE ORIGINfAL OFftCtAt DOCUMENT (SUCH AS, FOR INSTANCE, THF TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~ OR CERTIFIEO) SHAII BE PLACE~ IN THE HANDS OF SAID MORTGAGEE WtTHIN TEN DAYS NEXT AFTER PAYJNENT; ~~d i~ th~ eve~t tMt any thereof h no~ ; paid, sat'afied and discharged sa:d MORTGAGEE msy at any time pay tix sart~e p a~y part thereo( withovt weiving or affectinQ any option, lien, equity or •~yhr v~der or by vinue of this mortgage and the full amount oi esch and every such payment sMll be immcdiately due •nd payabk and shall bear interat ~.om the dste Ihereof until paid at nte of ni~e pe~ centum per an~um and t~t ~ yy~yy~h i~te~est s`hawll b~e secured by tM lien of th:s mw~tape. 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