HomeMy WebLinkAbout0845 2s2941 ~
THIS INDEMURE, AMdt the 31st day of AUQUSt A.O. 1973 " betw~en
_ Robert L. Saith and Matilda P. S~ith~his~ wif~
of SL. I.l1C~e Cpunfy Flaida, heroinsfta designated ~s thi "MORTGAGOR," ar~ fIRST FEDERAI SAVINGS AND IOAN
ASSOCIA?ION OF fORT PIERCE, ~ corporation orya~ized and existinp unda 1hs laws of tM United S~at~i of Am~ric~ ~nd 1?~vinp in principal pl+ce of
bu~ie~ss in ~M City of fat Pi~res, St. luci~ Counry, ibrida, hereinaftN d~iiynsted y 1M "MOR7GAGEE ~
WHEREAS th~ MORTGAGOR is justly indabted ro ths MORTGAGEE in the tum of = ~2~~~'~ good and lawful money of the Un~ted
States advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a certain proroiuwy note of even dste herewith, of wh~ch the followinp i~
wwcb and figuni is • tnrs copy, to~wit:
l~Q~A3Q7
22.,~oO AO Auaust 3~ ~ ' ~o.Z~._
fort Parc~, Fbrid~,
c... .~.~:...d 1...~ ~:d... ..i ~:u tn ~av .~.:tlv+ut r1~fa:raNcv~. tn ~F~e order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of 2~~~ with interest from date at the rate of ~i~~6 , er annum, in monfNy initall-
ments as foltows: S 181•~ on 1ha~Oth day of ~eaber ~ ~q 73 and a like sum on the correspond~n~ day o( each month thers-
after until Ihe whole be fully paid.
Each installment first shall be applied in paymen! of the inte?est and Ihen on the u~paid bslance of the princ~pal sum. If detsult t} made in /M
payment of any instaltment when due, and :~ch default continues 30 days, then at the optan of the holder, and without any ott.e~ notice, all the rsmaioinQ
~nstallments shall be due and payable at once. Privitege is given to prepay this rate in whole or in part at any time without penalty. Neither faebeaiu~oa,
nor acceptance by the holde~ tFkreof after any drfault in any payments hereon, shall be deemed extcRSion. A Iate payment charge of S~. sM+~~ bs
added to each installment rcmaining ~npa;d 7 days after its due date, and a tike sum shati be added to each avch inalal4menl ra~na~~ing +x~pa~d 7 days after
~y--- -
each sutteedi meN ate. _ _ - -
Each maker, surety and endorser htreof, joinlly and severally, waivrs demand, presentment protest and notice of profest fw ~onpayment, and further
agre~es to any extension of tirne of payment, either before o? aftrr maturity, without not~ce to any of ~s; and to pay sll costs of collection, includ~ny •
reasonabk attorney"s fee in the event of any delault hereunder, ar~d hereby severally waives all benefit of homestead and exemptio~ under tFm tonslitWion
and laws of each State of the United States, as against this oblgatio~ or any exte~sion or renewal hereof.
Witneu the hand and seal of each party.
s/ Robert L. Soith ~,q
cs~?u
$ 33.00 s/ I~tild~ P_ a•fth ~U
( ) State Revenue '
~~~~~~aR~
NOW, THEREFORE, fhe MORTGAGOR fw the purpou of seturing payment of said sum of s 22 ~ and the performsnce of ths
co~lnsnTt-artd-agnemerrtrfiereinafter exFrcssed.-and for-divers good-a~d-wlwbl~- consida~atia+s.-bY-lF+es~-Aresenfs.-doeLD[en1. baraaiy~ell, remise,__
release, convey snd confirm unto the MORTGAGEE, its svccessors and aasigns, all that certain 101, piece or parcel of land, situate, lying, and being in the
County of St. LIICie ~nd State of florida, described ~i follows:
I.ot 8, Block 162, LAI~WOOD PARK iNIT NO. 12, as per plat thereof on
lile in Plat Book 11, Pages 26A, and 268, of the Public Records
of St. Lucie County, Florida,
I o~ ~~SO~~Q ;
. . R~~
~
; -~Eo.a~c
~ , •i ~ 33.04 ~
~ 'C P N - .
~ ~ N
a-~ O~~ Of R~'vE ~ ~ ~ U
~ 9 r ~~-pt- ~ S~f RECEIVED ~~7 ~ IN PAYMENi Of TAXES
g i~ ~ ~ f~~ D'JE QN CL/1SS'C INTAMGIBLE PERSONAL PROPEitir,
~ s~~, ~ ~~~~02 PURSIIANT TO C11AP?ER 71-134. AGS Of 19/1. lr~
ROCER POITRAS
~ ~ p Ct~% CIRq11T OOURT. Si. U1CIE 00. FlA
~ togethcr with sll and singulsr the tenements, hereditaments ~nd sppurtanccs thereunro belonging w i~ anywi~e appeAaining thereto, and +II renri, iuues,
prxeeds and p~ofin acuuing and to accrue from ssid premixs, all of wFiKh are included in the above and foregang destription ~nd hsFxndum.
~ TO FIAVE AN~ TO rOID the above desuibed snd gr~nted prcmises unro the said MORTGAGEE, iri sutceuon a~d suiyro forever. Md th~ said
MORTGAGOR for t~lr - heirs, executon, administra~ors and essigns, Fxreby mvensnts with fhe said MORTGAGEE, its s~caesson u~d assipro,
~
rhat -th_p~ ~ra lawfully seized of the said prcmises in fee simpte; that the s~me ue free, clear and dixharged from •II 1'~ens ~nd ~ntum-
~ brances in law or in equity, end that thejf will snd ~ha{T heirs shall warrant and defend the title fo the s+me to ths said
~ MORTGAGEE-itsiuccesson and assigns.-foi~v~?- a~ainst-tha-tawivtztaims and ~errssnds-of ak-penaas j
- PROVIDED, ALWAYS that if the MORTGAGOR shsll pay vnto the MORTGAGEE the promiswry note hereinbefwe described +nd shall fruly, promptly
and fully perform, d~uharge, execute, complete, comply with and abide by each and every the ttipulatiau, ~greertKnts, conditans a~d oovenanb of said
prom]ssory nota snd of this Mortgage, then thi~ Mortgsge and the Estate hereby ueated stull teaie and be nuU ~nd vad.
- IT IS UNDERSTOQD that the word "Mortgagor" whethe~ in the singulsr a plura) ~nywhere in this Mortyage, shal) be sirgular if ont only ~nd
shall be plurel jointly ~nd severally if more than one, and that the word "their" as used anywhere in this Mort9aye shall be faken to me~n "his," "hen;'
~ or "its;' wherever the context so implies w sdmits. Also, that wherever there is a referente in the covenants snd agreementi herein contained to any of
' rhe putiei hereto, the ssme ~ha~~ be construed to mean as well ~s the heirs, legal represe~tatives, wuessws and assigra (either voluntary by act of th~
~ part~es w involuntary by operation of the law) of the s~me and that the covenants herein contained shsll bind and the be~efin and ~dwMSyes inure
~ ro the respective hein, (egsl r~present~tives, successo.s and ass~g~s of tF~e parties hereto.
~
And ssid Mortgapors, for themulves and their heirt, legs) rcpresemstivd, successon snd +uigns, hereby joinHy snd ievetally covensnt and ~yree
~ to and with the said MORTGAGEE, iri successors and sssigns:
1. To pay~ell and sinpul+r the principal and interett and the various a~d sundry sums of money payable by virtue of said promissory note, u~d tF~is
mwtyaye, each~ ~nd every, promptly on the days rapect~vely the same severally become d~e.
~ 2.• To pay dl and singvlar the taxes, assessmenn, levies, liabilities, oblgaf'wns snd eexumbrsncd of every n~ture and kind now on said destribed
property, w that heresfter msy be impo~ed, suffered, placed, levied, or auessed thereon, or thaf hereafter m~y be levied or suessed upon fhis Mat¢
~ age, a tF~e indebtedness secured hereby, euh and every, when d~e and psysble, accordinp to law, before they becane delinquent, ~nd b~fwe ~ny inta~st
atteches w any penalry is incvrred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AND DISCHARGEO OF
RECORU AND THE ORIGIIvAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFICIAIIY ENOORSED
OR CERTIfIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS t~EXT AFTER PAYMENT; and in the event that any thereof is not
paid, :at'sfied and dixha,rged sa:d MORTGAGEE may at any time pay the seme w any part thereof without waiviny or affsctiny sny option, lien, eqvity or
~~aht under o~ by virtue o~ this mortgage and the full amoum of each snd every such payment shall be immediately due and payable +nd shsll be~r interesf ~
~.om the date thereof v~til pa~d st rate of n~oe per centum per annum and together with such interest I red by the lien of th:• mayt~e.
~ BOfl PACf 0~4
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