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HomeMy WebLinkAbout0207 262541 THIS INOENTURE, Mad~ tl» 23rd day of AuAUSt , AD. 19~., between JfYry 8.. Gautier and Rita Gautier. his wife - T_"~_ . of St. ~.LIC1@ Co~nry Flwida, Mreinafter dtsignated +s th~ "MORTGAGOR;' ~nd FIRST FEDERAL SAVIN65 AND IOAN ASSOCIATION OF fORT PIERCE. ~ cwporat'wn oryanized and existir?p unda fM laws of th~ Un~ted S1at~f of Amsric~ a~d havirp it~ printipal plact oi busines~ in tM Ciy of Fwt P;~rc~, St. luci~ Counry, florid+, Mreinafur d~cipnat~d as ~M "MORiGACaEE:' WFIEREAS th~ MORTGAGOR is jwtly indtbt~d to ths lNORTGAGEE in tM sum of = 1 O~~OO . 0~ 9~ ~~~ul money ot the United S~atei advanced by the MORTGAGEE ~nto the MORTGAGOR, as evidenced by a cerfain promiuory not~ of even date he~rwith, of whicA ths foUowinp in Wads and (igures is • trw copy, to-wit: s 10, 800_ 00 10020364 Fw1 Pi~~u. Florida. Al19USt 23 19_~_ Fw value receivcd, 1, we o~ eithe~ of us, promiss to pay, wilhout defalcation, to the ordrr of fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at fwf Pierce, Fbrida, the ~um of S 10~8~• 0O w;th interest irom date at the rate of 8• 9 96 per annwn, in monthty instell- ,,~.nts as follows: S 98•~ on the ZOLh ~y o{OCtOb6Z 19 73 and a I~ke ium on the caraspond~np day of each mon~h there- aiter until the wlwle be (ully paid. ; Each enstallmeM fint shsll be applied i~ payment of the interest and fhen oe~ tha unpaid bsl~nte of the principal sum. If defautt is made In the ~ payment of any installmem when due, and such detault co~tinves 30 days, then at the opYwn of the holder, snd without any other notice, ell the remaininy ~nstallments shaU be due a~d payable ar once. P~ivilegs is given fo p?epay this nots in wFale w in p~rt +t ~ny Y~me without penalty. Neither fwebea~anc~, nor atteptance by the holder thereof afte~ sny default in any payments Ixreon, shall be deemed cxtension. A tate paymenf charye of = 4• 90 , shsl~ bs added to each instaltmeot remaining unpa~d 7 days aiter itt due date, and a like sum shall be added fo e~ch such installment re+naininp unpaid 7 days affer each succesding pa~menf date. Each maker, surety and endo~u~ he+eof, pintly arid sevenlly, waives demand, {xesentment prolesl and notice-of prptpt for nonparmenf, awl furiMr-- ` agrees to any ezteniwn of time of payment, either before or after maturity, without not~ce 1o any of us; aod to pay all costs of coflection, includinQ a , reasonable attorney's fee in the evenf of any defauh hereunder, and hereby severally waives all bcnefit of Aomestead and exemption under the constit~tion ~ and laws of each State of ~he United States, as ayainst,this ob~igation w any eatension w renewal hereof. Witness the hand and seal of each party. Sf Jezry B. Gautier ~U (5&?U ~ S/ Rita Gautier ~U cs~?U j ~ S16.20 t State Revenue ($bmpsSS~ilsboCOOe¢e~ ~de) ; NOW, THEREfORE, the MORTGACOR fw the purpose of securing p~yment of ssid sum of t 10•800• ~0 , snd tM performancs of the ~ covena~ti and agreements hereinafter expreued, and fw divers good ~nd wlwble consideraYw~s, by the~s presents, does yr~nt, bargsin, sell, rcmise, ~ retease, convey and ra+firrn vnlo-the MORiGAGEE, ita succruors and auipns, aU .that ceriain bt, piece or putel of ta~d, sitvat~, lyi~g, and being in ths tounty of St . LliCle uid State of Florida, dewibed a follaws: 3 ~ I Lot 11, Block 2, RORT PIERCE HIGHLANpS, U~IT 1, as per plat thereof on ~ ( file in Plat Book 10, page 29, of the public records of St. Lucie County~ Florida, j ~ M STATE FLfJRlDA ~ } oi ~ oOCUMENtARIfs!=.:t STA M P~ A x ~ ~ " DEPf.OF Rf~~~E.MUE IF~ • ` , ~ i ~ ~`~n P0. = ~it'j~~» I • : ~ ' 8. ~ 0 ~ o ; t1102 t } i 1 i , • ~ 2- 0 ?N PAYM9IT OF t11XPi ~ ~ ~ q~g ~ INtANG18LE 191~~~/~ P'ORSIWrT TO CHAP~ER POItRA-~ ~`y ~ ' Cl f!m ClRP.U11 COt14T, St. lUC1E C~?.. ~ ` } ! ` together with all snd singulsr the tenements, hereditsments a~d appurtances tlxreunto belongirg or in anywise appertaining thereto, ~nd all tenri, issues, i prxeeds and profits acuuing snd to acuue from said premises, aIl of which are irxluded in the sbov~ and foreyoirg descriptan and Mbendum. 1 TO HAVE AND TO HOLD the above deuribed and gr~~fed premises unto the said MORTGAGEE, ita auaessas and suiyns faev~r. And tFw safd ~ MORTGAGOR for Lh61Z ~~~~s, execufon, adminisrratort and auigns, hereby covensnb with the ssid MORTGAGEE, its sucteswn and ~sstpro, ~ ~hat _ the}j dI@ tawfvlly seized of the ssid premises in fee simple; that th~ tarn~ ue fres, cks~ ~nd disch~ryed from ~II liem u~d ~ntvrt~ ' they brances in law or in equify, and thst wi11 and thQlr hein shall wurant and defend tM tit{~ fo tM s+m~ to tM said f MORTGAGEE, its successws and auigns, forever syainst the lawful cls'~ms and demaods of all perwrq; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note he~einbefor~ destribed a+d shal) truly, promptly . and fuity perfwm, diuharge, execute, campkte, canply wifh snd abide by each ~nd every the stipvlations, a9reemenb, to~ditioes and toven~nb of said promiasory r?ote and of this Mortgsge, then this Mortgage and the htate hereby aested shall u~s~ and bs null and wid. IT IS UNDERSTOOD thit the wwd "Mortgagor' whether in the :ingulsr p plural anywhere in this Mortype, shalt bs ~inputu if one only and i shall be plural 'pintly ~nd ieveralty if more tFun one, and thst the wad "their" as wed anywhere in tha Mong~ shall bs ts~m to me~n "his:• ••hew:' or "its;' wherever the contezt w implies or admits. Also, that wherever there is • r~ference in 1M coven~nn and spr~emena herein conqin~d to any of rhe parties hereto, the same shall be conitrued to mean s~ well a~ the hein, kp~l r~present~tives, successw~ a~d auiyro (either voluntiry by ~ct of th~ partie~ a involuntsry by oper~tion of the law) of the same and that the covenants herein cont~ined thall bind ~nd tht ben~firi and advantpea inute +o the respective heus, leysl rep?ese~latives, sutcesso~s ~nd ~u~yru of the puties he?eto. Md said Mwtg~gws, fa ihemselves snd tt~eir hein, legsl representatives, succeuon and ~uipns, hereby jointty ~nd ssveraUy covensnt and ~Qm ~ so and with the said MORIGAGEE, ib s~cceuas and ~ssigro: ' 1. To p+y ~U and sin~u{ar the pr7ncipal and inte~est and ~F~e wriovs and sundry sums of money p~yable by virtue of taid promistory note, and this mortgage, each and every, promptly on the days respectively the same sever~{ly becoms due. 2..To pay aIl ~r+d sirgvlar the tsxes, sssessmenri, levies, li~bilities, obligafions ~nd encumbwntes of wery n~tvte ~nd ki~d now on said desaibed property, or that hereehe~ may be imposed, auffered, plxsd, levied, w assessed tfxreon, w tha., hereaher mey b~ kviad a ~uessed ~pon this Mafg~ age, w ths indebtedneu secured hereby, each snd every, when due and p~yable, xcwdi?~y to Isw, befor~ they become delinquent, and b~fa~ MY I11tlIflt attaches w aoy penafty is inc~rred; AND iNSOfAR AS ANY THEREOF IS OF RKOR(? THE SNNF SHAIL BF PROMPTIY SATISfIEp AND DiSCHARGED OF RECORD AND THE ORIGINAI OFFICIAL dOCUMENT (SUCH AS. FOR INS~ANCE, THE TAX RKEIPI OR THE S,ATISfACTION PAPER OFFICIAIIY ENDORSE~ ; OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WtTHIN TEN OAYS NEXT AFTER PAYMENT; ~nd itl fM! lYMf fFlt? 811~1 tIl!lQOf is no1 paid, s~t':fied and ditcharged sa;d /NORTGAGEE may at a~y time pay the same o~ ~ny part thereof without w~iv'u~y or affepirq any optwn, lien, equity p •~qht u~der or by virtve of this mortgage and the full amount of each ~nd cvery svch payment shall be immediately dve and payabk and sMll bear inte~est ~•om the date thereof vntil paid at rate ot nine per centum per annum and toge?her witb suth interest shall be sec~red by the lien of th:s morytape. ' 2 aooK2~8 ~ac~ Z~~ - ~ -