HomeMy WebLinkAbout2472 26198i ~
~ -
THIS INDENTIIRE, Nl~d~ th~ 9th day of AUgu8L A.D. 19
73~ b~twke?
Theodore S. Hall and Josephine B. l~ his wife
of SL . L1lC1a ~p~~~y Florid~, F~~inaftN dtsig~sted +t 1M "MORTGAGOR;' ~nd FtRST FfDfRA! SAVINGS AND IOAN
ASSOCIATIOM OF FORT PIERCf, a oo~po+ation wpan;z~d ind ~xiitin~ unda tM Isws o1 1hs Unit~d Sta~~s of Amuic~ and Mvinp ib principal pl~c~ of
business in tl» City of fwt PiNC~, St. luci~ County, Fbrida, M~ein~ft~r dap~a~ed as rM "MORTGAGEE.'•
WNEREAS IM MORTGAGOR is jvitiy ind~bted to th~ MORTGAGEE in tM sum of =2O~ ~0•0O . yood ~nd I~wfv1 mo~ey of ~he U~;ted
Statea ~dvanced by the MORiGAGEE unto ths MORIGAGOR, as svidenced by ~ certain promissory note of even~ dste herewith, of which the followinp in
wads ~nd (ipures it a trw copy. to-wit: '
ao, ooo. oo i oo2o3is
~v Fort Piac.. ftorid~. August 9 ,,.,,~~14.~~
~v Fw value received, I, we w either of us, promise to pay, vrilhout dsfatution, to the order of flRST FEOERAL SAYINGS AND tQAN ASSOCIA110N OF
L FORT PIERCE at Fat Pierce, ftorida, the sum oi f 2O • 0~• ~0 witl? inte.es~ from date at the r~te of" • 7S % px snn wry in monthly install~ ~
ments u foltows: f Z5~ •0O on fhe 20th day of ~cember ~9 73 ~nd a leke sum oe the carespondiny day ~~sch manth tlNrt-
afler until 1he whole be fully paid. •
~ E+ch insqllment fint ~hall be applied in paymeM of the interest ~nd then on the unpaid bsl~nce of the p~incip~l sum. tf default ia m+de in;the
paymem of any instatlment wlxn d~e, and such default continues 30 days, then st the option of tha holder, and wi~hout a~y othe~ ratice, all ~hs re~+ain'~np
installments shall be due and payabk at once. Privilege fi given to prepay thia rate in whole w in parf s1 ~ny time without per?~Ity. Neithet forebeer~+ce,
nor acceptsnce by the hotder thereof after sny default in any payments txreon, shall bs deemed extensio~. A late paymqnt char9e of S 12.;_.55_ shall bs
~ added fo each i~s~allment remaining unpaid 7 days afta ifs due date, and a like sum sha11 be added to each such installment remaining u~paid 7 days aher
each sucteeding psyment date. .
~ Each make~, wrety snd e~xlorser he~eof, joinfly snd :everally, w~ives demaed, presentme~t protest and notice of protest fo~ nonpayment, ~nd funher
agrees to any extcnsion of time of payment, either betwe a after maturity, withouf notice fo any of us; and to pay e!t toats of collection, includirg •
,S reawnabk attorney i fee in fhe event of any default hereunder, and he~eby severelly waivcs all benefit of homeitead and excmption under the tonltitutiw~
~ and laws of each State of the United States, as against this obligation or sny extension w renewal Ixreof.
~1 Witness the hand and seal of each party.
~ S/ Theodore S. Nall ~
~ (5~?U
S Josephine B. Hall ~
1
~ ,530.00 ~ 1 State Revenue
v
. "v (Sra~1~~a~atl~~ata~wN
` NOW, THfREFORE, the MORTGAGOR for the purpose of iecuring paymeet of said sum of s 2O • O0 u?d the performarxe of tM
coven~nts and agreements hereinafter exprcued, and fw divers good and wlwbte coni~der~tions, by these prese~n, does yrant, bar9si~, aell, remise,
release, convey and coniirm u~to the MORTGAGEE, iri succeswa~ and sssiyns, ell th~l tenain lot, piect or p~rcel of land, situst~, lyi~g, and beinp in ths
County of SL. L11Cle ~nd Stets of fforida, dewib~d ~s fcllows:
f
Lot 6, Block 175, SOUTH PORT ST LUCIE, UNIT 11, as pez plat thereof on file in
Plat Book 15, page 15, _of th e publ ic records of St . Lucie County, Florida,
~ S A E p~ ~p S
7~,~ iN PAYk1ENT OE TAXF$
' ~ OOCUMENtARY ~~..£~RIDA ~ ouE on cuss ~c ~NUr+cre~ ~RS~+~ ~n.
TAX ~
~ ~ DEPr.DF REYE •'~ST~~~ p~~t TO f}IAPTER 71-134. N7S OF 191L
C ; i
n ~ ~l~I
- ~2r1i i . ~j/~
f ~ ' ~ 11lOj~ ~ w ~7 V. O O' a~ a~R ~~i ~.~E ~ ~~r ~
~ ~ •r~ '
f
I •
s
r`
S
{
i
~ togethlr with all and singular the tenemenn, he?editaments and appurunces thereunto belongirg or in ~nywise appertaininp therefo, and ?~nq, lszws,
r prxeeds.and profits xuuing and to xuve from ssid prem~ses, all of which are incluJed in the above ard fwe~oirg description and h~bendum.
; TO HAYE AND TO HOID the sbove described and qwnted premises uoto the s~id 1NORTGAGEE, in waessors and auiyro fwevN. Md tM said
t their _
MORTGAGOR for - heirs, executors, administrators and suignf, hereby toven~nb with fM siid INORTGAGEE, its waesson and usipns,
` rhat they are _~a,~~n y~ized of the iaid
~ y prcmises in fee simple; tMt the same are free, cle~r sad dischar9ed from ~II IiNU u~d ~ncwn-
brsnces i~ law w in equity, and thst they will and fhel= hein shall warrant ae~d ~fend th~ titt~ to tM s~m~ to tM s~id
MORIGAGEE, its succeuors and assigns, forever against the lawfv! claims snd dsminds of all personss
~ PROVIDEQ, ALWAYS that if rhe MORIGAGOR shsll p~y unto the MORTGAGEE the promiswry note hereinbefore described H+d shalf truly, promptly
a~d f~lly perform, dischsrge, execute, compkte, comply with ~~d abide by sach -and every the stipul~Y~orq, a9reemenfs, condiYwro and covtnsntt of s~id
: promissory note snd of this Mwtgage, then this Mor?yage ard the Estste hereby ueated ~!?al! ceas~ and be rwll ~nd wid.
; IT i5 UNOERSTOOD that the wwd "Mwtgagor" whefher In ths singular or plwal anywhere in this Mwtysye, ~hall be sinpular if o~e only and
> ihalt be plurd joiotly and sever~ily if more than one, and that the wwd '9heir' ~s used ~nywhere in tha Mwtyaye sMll be taken to mean "hb;' "hera,"
~ or "its;' wherever the co~tezt so implies,p admits. Atso, that w!?erever there is a reference in tlw covenant~ ~nd aQreernenb FNrein contsined to any of
~ t)x panies hereto, the same ~hall be constr~ed to mesn as well as the heirs, le9al r~pre:ent~tives, auccesson and sssipra (either volvnury by ~ct of tM
parties w invol~mary by operation of tFw Isw) of the same a~d that the covenams herein comained shail bind and ths benefiq snd advantpes invrt
ro the respecrive hein, leyal representative~, succeuors and iu?pns of the part~es hKeto. ~
~ Md ~aid Mwtgsgors, for themselves and their heirs, ieyal representatives, succeups u~d aui9~, hereby joiroly and uverally covenant ~nd ~yree
z ?o and with the said MORTGAGEE, iti successws and suigns:
¢ 1. To psy aIl ~nd iinpulsr the p~7nc;psl snd intere~t and the vuious and av~dry sums of ma~eY paYabl~ by virtw oi said promissory note, and thq
1 mort9+ge, each ~nd every, promptly on the days respectively the same ~wrally become due.
s 2. To pay all and sing~lar the taxes, assessments, levies, liabilir',es, obl;y~tions and encumbrances of every rurure snd kind raw on s~id descr~d
~ Property, or that hereafter may be imposed, suffered. Placed. levied, or assessed tF?ereon, or tlwt her~~fter may b~ levied w asseaed upon thk Ma1~.
~ age, a the indebtedness sea,red hereby, each and every, when due and payable, accadirg to bw, befa~ they become delinqvent, and befort a~ryi intae~t
attaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PltOlNPTIY SATISFIE~ AND DISCNARGED OF
~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RKEIPT OR THE SAtISFAt?ION PAPER OFFlClALIY ENOORSF~~
~ OR CfRTIFIFO) SHALL 8E DLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; ~nd in the event th~t any thereof is ~01
' paid, s~t:sfied and dischar9ed sa:d MORTGAGEE msy at ~ny time pay tix same a ~ny psn therwf without waivirg or affectirq any optan, lien, equity or
~ •~qht under a by virtue oi this mortgage snd the fuN amovnt of eacb and every avch payment sh~ll be immediately due and p~yabk and iMll bea~ interes~
; ~rom the date tFxreof until p~id it rate of ni~e per tentum per annum ~nd toyether with such intere~t shall be secwed by the lien of th:s mot9ls~.
} _ BOOK ~1 ! PACf
. ~r_«~ - --o . . ~ _ - , -
: