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HomeMy WebLinkAbout1013 263U43 4 THIS INDENTURE, Mad~ tM 28th day of Au~ll:t A.D. 1973 be~waa+ i,ee Warren Cowell and Sandrs L. Cowell, his wife, of St. LuCi@ Co~~ty Flaida, hereinaft~r desgnated +s tM "MORTGAGOR," a~d FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF fORT PIERCE. • cwporation ay~nized +nd exis~inp under tM lav~n of ths United Sut~~ of America and Mvi~ its principal place of busiraa In tM City of Fort PiKU, St. Luca Couoty. Fbrid~, hersir?aft~r desipnated +i tM "MORTGAGEE." WNEREAS 1M MORTGAGOR a iuilly intlebted to tlN MORTGAGEE in the sum of S~~~~•~~ 9~ ~^d ~awful money ot the Un~ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenced by a certain promissory note ot even date herewith, of wh~ch the foftowing in wwds and fi ures u a trua copy, to-wit: = 29~00~.00 ~,1002~3~1 Fo~t Pierc~. Flaida. Au~llBt 28 * 19 73 ~eliv'~~T~~l~ AC FM value received. 1, we O? either ot us. promise lo paY. wunout oeieicanwi. ~u iiw wue~ oi i:w:,~ { ~N~AM~. Ss~Yt:i:s5 F.':~ . FORT PIERCE at fat Pierce, Fbrida, the ~um o( S 29'~~'~ wilh interest from date at the rate of 8~7Si6 per annum, in monthly install- 23g.~ Z~t~1 Deeeaber 19 73 and a like sum on the cwres ~ da of each month there- , ~ mems as fotlows: S on the d~y of P°^d~"o Y after until the whole be fully paid. Each installrrKnt first shall be appfied in payment of ~he interes~ and then o~ the unpaid balance of fhe p~inc~pal swn. If defauh is made in the payment of any installment when due, and such default coAtinues 30 days, then at the oprion of the holder, and without s~y other rwt~ce, all the remaining ~ ~nstallment: shat~ he due and payable at once. Privil ~s iven to e a this note in whole w in rt at an time w~thout nalt NeitMr fwebearance, a w a r w r P` r• 11.9 S ~ nw acceptance by the holder" lhereof afte~ sny defauh in any payma+tr I~e~eon. shaN b~ deaRwd-e:tension. A late payment charye of S sh+~l be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installmer.t remai~iing u~paid 7 days sfter ~ each succeeding paymem date. ~ Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of p~otest fw nonpaymenf, and further agrees fo any extension of time of payment, either before a after maturity, without notice to any oi us; and to pay all costs of collection, including a ~ reasonable attwney's fee ~n the event oi any detault hereunde~, and hereby aeverally waives sll benefit of homeafead and exemptivn under !he constitutiw~ ~ and laws of each SNte of the United States, as againsl this obligation or sny extension w renewal hereof. Witness the haod and seal of each party. ~ S/ Lee Warren Cowell ~nU ~ ~ _ (SE/?U ` S/ Sandza L Co~rell ~wu cs~?U a , $43.50 ) State Revcnue . ~ $Bai~3's$7~;'ii~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of~s~~~~ ' cove~anls and ~yreements hereinafter expressed, and for dive~s good a~d valuable considerations, by these presents, does grant, bsr~ain, sell, remise, release, convey and confirm unto tix MORTGAGEE, its successws aod auigns, ell that certsin bt, pieu w partel of land, situste, lying, and being in ths County of St. j'uCie and Sate of Florida, dewibed •s follows: Lot 27, Block 141, PORT ST. UJCIE, SECTION 27, as per plat thereof on file in Plat Book 14, Pages 5, SA thru SI, Public Records of St. Lucie County, Florida. ~ ~ STATE oF FLORIOA ~ . ; o= `V' DOCUMFNTARY~~SiAMP i~~x ~ c~ ' c'+ ~ DEPT. OF REYENUf !f `3 r.Cr,r• ~~-.i.~:f ~f '((•~S i -=-•c - t ' / J. ~7 0 ' ~ IBIE ~ E ..`.t. F?0?EN • ~ t pi. SfP -6'1~ ~ 4 t t. , ! R 71-134. JIC.1S OF 1~11. ~ ~ o ~ 11l02 ~•~•~I } pt1F.S'.iRH( 10 CIU4'~E R PORRI~ ~ ~ . . . . . . ~ ~i 00~![~~ iT. 1l1ClE ~ - together with ~II and singular the tenementi, hereditaments and sppurtsnces thereuMO belonging w in anywise appert+inirg thereto, and all renb, iuuet. proceeds and profits acauing and to accrue from said premises, all of which are irxluded in the above s~d fweyang description ~nd Fubendum. TO HAVE AND TO HOLD the above described and granted premises umo tF~e said MORTGAGEE, iri successws and saigns forever. Md tM tald ~ their ~ MORTGAGOR fu hein, executoh, administrators and auigns, hereby cove~snb with fhe ssid N10RTGAGEE, its successoss and ~sspm. ~ rhat -~e-~ are__ --lawfully se~zed _of_the ssid emises in fee s~mole: th~t the ume sre free, cksr and discFwryed from all liero and encum~ . _ _ _ _---P= - - - ~ - they tfiei r ~ brances in law a in equ~ty, and that will and hein ihall wsrrant and defend the title fo the s+riw to fh~ s+id ~ MORTGAGEE, its successors and suigns, forever against the lawful claims ~nd demands of dt persau; 'F PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto fhe MORTGAGEE the promissory note hereinbefore dewibed snd thall fruly, promptly ti and fully perfwm, d~scharge, execute, compkte, comply with snd abide by each ~nd every the stipubtions, s9~ecments, conditions a~d cove~a~ts of aid promissory note ~nd of this Nbrtgage, then this AM1ortg+ge and the Estate hereby aeated shsll te~se and be null ~nd void• ~ IT IS UNDERSTOOD thst the word ••Mwtgsgor•• whether in the singular or plunl snywhere in this Mortysge, shall be sinpulat if ons only and 3 shsll be plvra) 'piMly and sevenlly if more than one, and that tF~e word "their" as used anywhere in this Mortgsge thall bs taken to mesn "his," "hen," ~ w"its;' wherever the context w implies w admits. Alw, that wherever there is a referente i~ the covenanH and agreernenb herein contained to any of ~F the parties hercto, the tame shall be construed to mean ai well ss the F~eirs, legel represent~tives, s~ccessars snd asfigns (either voluntary by ~cf of the ; ~ parties or involuntary by operation of the Iaw) of t1~e s~me and that the covenann herein contained shall bind •nd ~he benefin and sdv~ntages inun : ro the rapective hein, lega{ represenlatives, wcceuort and au°gns of the parties hercto. ~ Md said Nlortgsgon, for themselves ~nd their hein, legal rep?csentativp, suttesson and ui~gns, hereby jointly ~nd severally covenant ~nd a9ree fo and with the said MORTGAGEE, its successors and auigns: ~ ~ ~ 1. To pay ~II snd singvt+r the principsl and imrest snd the variovs and sundry sums of mo~ey payable by virtue of said promiswry note, and this j ~ mortgage, exh ~nd every, promptly on the days respectively the same s~verslly becomt due. « 2. To pay all and singul~r the uxes, assessmenn, levies, liabilities, obligations +nd encumbrancd of every nature and kind now on s+id dewibed ; property, o~ tMt here~fter may be impofed, svffcred, plsted, levied, or assessed thereon, w thst hereafte? may be levied a usessed upon tha Mort¢ age, o~ tM indebted~ess secured hereby, exh snd every, when due and paysble, accwdinp to Iaw, before they become delinqueM, ~nd befwe a~y interat atraches w a~y penslty is inc~rrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt 8E PROMPTIY S/1TISFIEO AND OISCHARGEO OF RECORD AND THE ORIGIt3Al OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OfFICIAILY ENOORSED OR CERTIFIED) SHALL BE PLACED IN THE NANOS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT Af7ER PAYMENT; and in the event that any thereof is not ~ aid, sat'sfied and dischar ed sa:d MORTGAGEE m~y at any time pay the ssme w any psrt thereof without waivin~ w af(etlirg any option, lien, eqvity or ~ st P 9 •~qht under w by virtve of this mortgsge and the f~fl amount of each a~d every wch payment shall be immediately due and paysbk and shall be+~ inte~a~ ~ ~rom the d~te thereof until paid at rate of nine per centum per annum •nd together w~th s te s II be sec red by ~he lie~ of th:s morgtapt. ~ B00 FACE~O~z _ _ ~ . _n;~