HomeMy WebLinkAbout1735 . ~~:s.~71 Y
7NIS IN~ENTURE. M+d~ th~ llth day of S@Pt@~~~ A.O. 19_73 berw~en
De*rey W. Hudaan and Jo Mne Hudsan, his wite
a{ St• Ll~i@ Cp~n~y flaida, h~reinaft~r d~signated +s th~ "MORTGAGOR;' ~~~d FIRSZ tEOERA! SP~/It2G5 AND IOAN
ASSOCIATION OF FORT PIERCE, • cwpaatian w9~niz~d ~nd txiuinp unda 1M laws of tM United Statq of Amuk~ ~nd havlnp in pincipa) pl~c~ of
bu~a in tM City of Fort Pi~ru, St. luci~ Cwary, Fiorid~, I+~reinaiter desipnated a tl+r 'MQR~GAGfE."
WHEREAS tM NIORTGAGOR is jvstly indtbNd fo tM MORTGAGEE in ths sum of = ~+8~~~ , good and I~wfvl money of tM Un~ted
Staty advanced by the MORTGAGEE unto Ihe MORTGAGOR, as evicknced by a certaio prpmiuory nole of even dats i~ervwith, of which the followinp in
wadi u+d fi9ur~s is a trw copy, to-wit:
~ 30~800 00 _~_~OO~
wn Pi.K.. F~o.w~. SepteabQr
II 19 ~9
Fw value received, 1, we o~ either of us, promise to~y, ~~u~falcation, to the order of FIRST fE~ERAI SAVINGS AND tOAN ASSOCIATION OF
FORT PIERtE at Fwt Pierce, Fbrida, 1he sum of = ~ with ioterest from date at ths ~ate of i6 per ennum, in monmiy ~nsiaii-
ments as followi: s 254.~ 20Lti~y of DeceabQZ ~y73 a like :um on the corcesponding day of each month the~e-
afrer until the whole be fully paid.
Each installment firit shall bs apptied in paymsnt of the interesf a~! then on the unpa'rd balsnce of the princ;pal sum. li default is m+de in ths
Fayment of a~y installmMt when due, and such default co~tinues 30 days, then at the opYeon of the hotder, and wiehout ~ny other notice, all 1he remai~irg
~nstallments ~hall be due and psyable at onca Privilegs is given ro prsp~y this note in whols or (n p~?t st ~ny time without penalty. Neither iorebnearante,
nar acceptanc~ by the holdet the?eof afta any default in any payments hereon, sMll be deemcd exterisio~, A late paymero charge of i 12 • 7`~}wll bs
added ro each installment remaining ~np~id 7 days aftet ib due date, and s like sum shal! be added to each tuch installment remaining u~psid 7 days after
each succeeding psyment date.
E+ch make?, surery and endorsev hercof, jointly and seve~a(ly, waives demand, presentment protest and norice of protest for norepaymenf, ~nd further R
agrees to any extension of time of payment, eitlxr before a after maturiry, without notice to any of us; and to pay all costs oF collectioo, including • t
reasonabb attorney i fee in the event of any deiault hereunde~, and F?areby severally waives all benefit of homestead and exemption under the constitution (
and iaws of each 5tate of 1he United States, as aga7nst this obligation a any extension or ~enewsl hernof. ~
Wit~ess the hand and xal of escl~ party. . '
: , . . , s/ Dewey W. Hud4a?n ~
. - (s~?U '
~u #
s/ Jo Ann~ Hudsaa ~ ~
20
~ ~ ~ ~ Stats Ravenvs
iG1Mnp? ~ew~tNeJ ~M? ori~gi~~l~nole} ,
NOW, THEREFORE, the MORTGAGOR ior the purpose of securing payment of ~aid wm of = 8~' ~ , aru! t1~a performa~ce of ths ~
covenants a~d apreerrK~n he?einafter expreued, and fw divers good and wlwble considerations, by thess prssents, does prant, bar~ai~, scll, remise, ;
release, convey and confirm unro the NIORTGAGEE, iri svccessors and auigns, all that tertain IoL piep or pucel of I+nd, situate, lying, and beirg In ths
County of St. Lucie and Stste of Fbrida, described as follows: t
~
l.oL 16, Block 162, PORT S7. LLICIB Sf~CTION 4, as per plat thereof ~
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on file in Plat Book 22, Page 14, of the Public Recozds ot St. ~
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Luc ie County, Rlorida, ~
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tooetRer with sll and singular the tenements, hereditaments and s~unances thereunto belonging w i~ anywiie sppertaininq thereto, and all rent~, iuues.
, proceeds and profin aca~ing and to sccrue from said premises, ail of wii~ ue included in the above ~nd fore~oirg deuription and habendum.
TO HAVE AND TO HOID the above dewibed and granted premises ~nto the said MORTGACaEE, ih wcceason u~d auipia forevq. Md tlr s~id
MORTGAGOR for hei! heirs, executors, administratws ~nd assigns, hereby covensnri with iha uid MORTGAGEE, ifs wccessors aod astipru, '
fhat t V a r_ lawfully seized of t}+e ssid premius in fee sim le; th~t the s~me ~re iree, cku and ditchar ~
P ped from all liens and Mcwn-
brances in law w in equity, and that_ theY will and th@iZ hein ~hal1 warrant and defend 11~ tetk to it~e sarr~e to tM s+id
MORTGAGEE, its succeuors and augro, fo~ever sgainst the I~wfvl claims bnd demands of all penons;
...-~~fOV1bEb; 77WAY5 fTu-
f~~T+`e 7RQRTGAGOR'-ihaif-pay unlo tfie"11RORTt3AGEF"i}~~ro~sipary-note-trerah~befora-deauibed-tnd-sir~K-trvlp; promp~i~r :
end firlly perform, discharge, exec~te, compkte, comply with and abide by_ esch and every the stipvlatioru, syreernenb, conditions and oovenanb of said i
promisaory rate and of this Mortgage, then this Mwtgsge and the Estate hereby ueated sMll cea~e and be nul! and void. ~
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IT IS UNDERSTOOD tMt the wwd "Mwtgagor' wFrctixr i~ the singular w plwal anywhere in this Mortyspe, shall be siagular if one only and ~
shall be plurd jointly and seve~ally if mae than one, and that the word "their" ~s vsed s~ywl~ere in this A14wt9age sh~ll be tsken to mean •'his,•••'hers•• ~
or "in:' whe?ever fhe tontext ~o implies w idmits. Alw, that wherever there K~ reterence in tFw covenanb ~nd preemenb herein contained to a~y of
thm puties hereto, the same shall be construed to mesn as well as the heirs, le9al r~present~tivd, succeua~a and suipra (eithn voluntary by sct of th~
panies w involuMary by operstion oi the iaw) ot the same ~nd that the covenants herein contained shall bind u~d t!a b~nefiri ~nd adv~nta~e~ inur~
ro the respective heas, legal representatives, wccessors anA ass~gns of tM puties hereto. #
And ~aid Mortgagor:, fw themselves snd their heirs, 1e9a1 representatives, succeswn ~nd auigns, hereby jointly and ieverslly toven~nt snd ayree
ro end with the said MORTGAGEE, its s~ccessors and auigro:
1. To pay alt ~nd sirgular the principel and interest and the various and wndry wms of mw~ey p~yabl~ by rirtue of said prom;saory note, and this
r»ortg+ge, e~ch ~nd every, promptly on the d~yt respectively the same severally become due.
2. To pay all ~nd sinyvlu the taxes. ~ssesune~n. Iwies, liabilities, obliystions and entymbr~ncey pf every n~ture aod kirx! now on said desaib~d
Property. w tbat hereafter msy be ;mposed. suffered, placed, levied, or ~ue~sed thereon, or that hereafter may bt levied a asse~ed vpa~ rida MoNQ-
ege, or the indebtedness secured hereby esd+ ~nd every, when dw and psysbk, aawding to I~w, befa~ they become delinquent. ~nd befo?~ ury interest
artaches w any penslty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL BE PROAAPTLY SAtISf1ED ANO OISCHARGEO Of
REtORD AND THE ORIGINAL OfFlCIAL DOCUMENT (SUUi AS, FpR INSTANCE, THE TAX RECEIPT OR THE SA7ISFAC710N PAPER OFFILIAItY ENOORSED
OR CERTIf1ED) SHALL BE PIA~ED IN TME HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event thaf ~mr thereof a not
paid, sat:sfied ~nd discharged ta:d MORTGAGEE may af any time pay the ssme o? sny part thertof withovt waivirg o? affectinq any optip?, lien, pvity w {
~~qht ~nder or by virtue of this mortg~ge and the fvll amovnt of each and every such payment sh~ll be immediately due and paysbk ~nd ihall beu intaest s
~.om the date thereof until paid at ~ste of n~ne per centum per annum and toqe w ~nte~est u~ed by the lien of th:s mwpta~e. Z
OOK~10 PACE~ /t~~
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