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HomeMy WebLinkAbout1486 263390 ~ THIS INDENTURE. Mad~ the 7th day of ~pLem~r . A.D. 19 73~ betwee~ Bu9ene Fulwood and Edith Virginia Fulwood, his ai~4 ~ r flf St . LUC1@ Co~nry Florida. Mrtinafter desi9na?ad is 1M "MORTGAGOR;' ~nd fIRST FE~ERAL SAVINGS AND IOAN ASSOCIATiON OF FORT PIERCE, ~ corpor+tion wyu+ized +ed exi~tirg u~+da tM laws of tM United Staqs of M~erica and Mvinp ib princioal ~I~c~ of bwineu in th~ Ciy of FoA PiKU, St. luci~ Counry. Florida, Mninafte~ dtsiqnst~d u tM "MORiGAGEE." ; WHEREAS tM MORTGAGOR is justly indtbt~d fo th~ MORTGAGEE in tM tum of ~ ZO~OO~• qood and lawful ma~ey of tM Unlted i States adv~nced by th~ MORiGAGEE unto the MORTGAGOR, es evidenced by • certain promitsory no~e of even date Mrewith, of which tM followinq in ~ wad~ and figury h a trw copy, to-wit: 10020414 = 20,~0_~0 ~ Fat Pierce. Florida. ~pteober 7 19.~a~ ~ Fu value received, I, wa or either of ~s, promise to pay, without dafalca~ion, to the order of FIRST FE~ERAI SAVINGS AND IOAN ASSQCIATION OF FORT PIERCE at Fat Pierce, flaida, the sum of =2O• ~~0• ~0 w;th interes~ irom date at the rate of 9• 0 96 pe? +nnum, in monthly inslall- mcnrs u follows: i 180•0O on tF?e Z~th day of ~@C@IHb@! ~9 73 and a I~ks sum on the carespa+ding day of each month the~r after ~ntil the whole be fully paid. 'f Eath installment fint shall be applied in payment of tha interest and thcn a? ths unpaid balance of the printipal wm. If de(auN is msde in ths t payment of any installmem whe~ d~e, and such deisult continue~ 30 days, then at the option of the hotder, snd withovt any other notice, all the remaininp i installments shall be due and psyable at once. Wivilegs is givcn to prepay this note in whok or ~n p~rt st any time withouf pen+lty. Neithe~ faebeara~ce, E nor scceptance by the holda thereof after any default in ~ny paymenb F?ereon, sMll be dcen+ed extension. A laro psyment charge of = 9•~ sha~l be added io each installment remaining unpa+d 7 days after its dvs date, and s like sum shall be added to each such installment remaini~g u~?paid 7 days after eech svcceed~ng payme~t dste. Esch makcv, surety and endwser I+ereof, jointly and severally, waives dcmand, presentment protest and notice of prote~t fw nonpaymant, and further agreea-to.any extehsiW~ of time of payment, either before o~ a(ter maWrity, without notice to any ot us; and to pay all casts of co2lection, including a ` reasonauie aiiwney's fee in Ihe even~ oi e~~r .iaSo..St hara~.-.da:, a:.3 kcta'sy se.c:a! ~:rs :-ts st! txrrfF! of hornrsttad and eacemMio~+ ~nde~ th~ ~~onstitut~oo i and laws of eacF? State of thr United States, as against this obiigatio~ w any extension or renewsl hereof. W~tneu the hand u+d ~eal of each party. ~ S/ 6ugene Fulwood ~Aq (SEAI) S/ Edith Virqinia Ful~ood ~q ' (S~/?U ~ $30.00 ) State Revenue l6~m~s~o~Y~d~ao~staa~d - i 20 000 00 ' NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring paymcnt of ssid sum of S ~ • ~od N~e pa?fwmance of th~ ~ covensnts a~d a~reements hereir?after expreued, and for divcrs good a~d valusble cansiderations, by these presents, does grant, bar~ain, sell, remise, releax, convey aod confirm unto ihe MORTGAGEE, its successon and suigns, all that certai~ bt, piect o~ parcel of I~nd, tituate, lying, end being in ths County of $t .~.L1Cie ~nd State of Flo~ida, described as follows: ?he West 324 feet of the East 660 feet of the South of the SF:~ of the SE~ of the NE~ less the South 60 feet for canal and zoad zight of way in Section 24, Township 35 South, Range 39 East~St. Lucie County, Rlorida,f ~ ~ ~ . ~ ~P`-~~ ? o ~~Q~~ 4 ~ ~ F 0 ~ t~'~ O~ ~ r~4 B o '~E T~'~ - i Q~'~ r~,„ 7 0~~ i11 P~RS~UNl~~ERf1 ~ ~ n'C 1j ' ' i _ T'l,p~'~ ' sECENED ,C ~~,~atF ~ 1~ ~ DUE-~li tx1SS-~ptER 71-13+t.-~ _ - c~ ~Q ~ pF ~~Q~~1' pi~M~?j t0 qpC,dt PpR ~ ~ - ~ o ~,4 ~ ~ s ~ Si. E r a ,i aB~ M~ o~i~ ~ ~i ~~~~1 ~,~,r ~ ~i G rtt'~ O { ~ xogether with sll and singular the tencments, hereditsments and sppurtances thereunto belonginy or in anywise +ppertaioirg thereto, and all ren», issues, ~ ~ proceeds and profiri xuuir?g and to xuue from ssid premises, all of whirh sre included in the sbove and forepoiny desuiption ~nd habendum. ~ ~ TO HAVE AND TO HOID the above described a~d granted premises uMO the ssid MORTGAGEE, ib successors ~nd sugra forever. Md th~ said ~ ~ MQRTGAGOR for the ir h~'ut, e:ecutws, administrators and assigns, hereby coven~nis with the said MORT6AGEE, its wuesson and +ssi~rn. they ase ~ rhat - lawfully srizcd of the said premises in fee i~mple; that th~ tame aro free, ckar and disch~rged from all 1'~ens snd ~ncum- ~ brances in bw w in eqvity, and that they will and thelZ F~ein shall warrant ~nd defend the titie to ths s+rtw to the wW MORTGACaEE, ib successws snd auigns, fwever aga'uut the lawful claims and demands of sll penom; j PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note heteinbefore described and ahall truly, ptomptly - and fu~lr perfwmidiuhar$e, execute, complete, comply with snd abide by esch and.every the stip~lationt, syreements, conditions and covenanta of said promissory rate a~t(~a Mortg'age, tTien'l is gage a snd-voidr---- ~ IT IS UNDERSTO00 th~t the word "Matgsgor" whether in the singular w plual anywhere in fhis Mwty~ye, ihall be sirgvlu if one only ~nd shall be plwal joimly and sevcrally if more th~n one. ~nd tFut the word "their' ai vaed ~nywhere in this Nbrt9~e shell be t~ken to me~n •'his,•• ••hen; • or "iri;' wherever the conteat w impliq w sdmits. Also, tMt whcreve? the.e ia • refc.ence in rhe covenann snd ,y~eemenn herein con~sined ro •mr of ~ „ the psrt+es hereto, the s+me shall be c«utrued to mean ss welt ss the heirs, leg+l representatives, succeuors and suig~ (either vdunary by acf of th~ parties w involuMary by oper~tan of the Isw) of tF~e same and that the covensnts henin cont~ined shall bind ~nd ths ber?efin and adwnta~s irwre ~ ro the respective F~eirs. {egal repretcnfatives, succeuas and ~u~gns of the putid haMo. ~ ~ And ssid Nlortgsgors, fw themselves snd their lxirs, le9al representatives, successon and ~uigns, hereby jointly and sevaslly covenant ~~d apr~e ~ ro and with the sa~d MORTGAGEE, its successon and auig~s: ~ 1. 7o p~y sll and sEngular the principsl ~nd interest snd the various and sundry sums oi mo~ey payabls by virtve of said promissory note, ~nd tha ~ ~ mwlgsge, sach and ev~ry. promptly on the days respectively the same severally become due. ~ ~ ~ 2. To p+y all and sirgvtar the uxes, ~ssessmenn, levies, lisbilit~es, obligations and er~mbrances of every n+ture ~nd kind now on said dtscribed i property, a th~t hereaher may be impwed, wffered, plxed, levied, or +ssessed thereon, a that hereafta mar b~ kvied or u~essed upon this Mat¢ ~ ~ a9~, a the indebredneu secured hereby, each and cvery, when due ~nd pay+ble, suordirg to Inw, before they become delinquent, and b~fore a~ryr intaest ~ attaches a any pen~lty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~ REGORD AND THE ORIGINAL OFFICIAI DOCUMENI (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORiGAGEE WITHIN TEN DAYS NFXT AfTER PAYMENT; and in the event thst any thereof is not i ~ paid, sat'sfied ~nd discharged sa:d MORTGAGEE msy at any time pay the same w+ny p~rt thereof without waivirg o? affettinQ ar?y optan, lien, eq~ity or { 'r •~qht under w by vinve of this mortgsge and the full amount of each snd erery such paymenf aha0 be immcdiately due and pay~bk snd shsll bear interest ~ i.om the date the+eof ~nril ps~d at rate of nine per cent~m per annum ~nd toyether w~th such ioterest shall be secured by the lien of th:s mw9tape. ~ BOOK2~S PAGE~4H~ ~ ~ ~ ~ ~ ~ e ~ _ _ _ .r