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HomeMy WebLinkAbout0202 26453'7 - . ~ THIS INDENTURE. Made tM ,Lh day o( S@Pt~~r - A.0. 19 73 between Louis M. Lund and Malvina C. LWtd, his wite _ of St• ~'11Cie County Florid+, h~reinafta d~sig~ated ~s tM "MORTGAGOR;' +nd fIRST FE~ERAI SAVINGS AND LOAN ASSOCIATtON OF FORT PIERCE, a mrpor~tion w9anized and ea+itiny vndK tM I~vr~ of 1M Unit~d Stat~s of Ame~ic~ and havinp its princ3pal plscs of busir»ss in ths City of Fort PiKCe, 5~. luci~ CountY, flaida, heriuufter desipnatqd as tM "MORTGAGEE." WHEREAS 1M MORTGAGOR is j~»tly intltbfed to ths MORTGAGEE in ths sum of = 23 ~ 300~ OO good snd ~+wful money of the UnitH! 5retet advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a ceruin promiswry note of even date herewith, of which the ioltowiny in word~ and figurei ii a uw copy, to-wit: `~~~Qrj s23 ~ 300.00 " ~ No Fort Pieru. Florida, SeRtember - Fa value received, 1, we a eithcr of us, promise to p+y, withouf defalcation, to the order of FIRST fEDERAI SAVlNGS ANO IOAN ASSOCIATION OF FQRT PIERCE at Forf Pierce, Fbrids, the sum of S 23~-300~ ~ with iiuerest from date at the rate of 9~ per annum, in monthly imtalM ~~ents as fotlows: S?lO~~ on the 2~h day of J~~rY 197d and a like sum on the corresponding day of each month there- afrer until the whole b? fully paid. Each installment first shall be applied i~ payment of the interest and then on the unpaid balsnce of the printipal tum. If default is msde in t1w payment of any installment when due, a~d such default continues 30 days, then st the option of the holde~, snd without any other notice, all the remain~ng ~„staltments shall be due and payable at once. Privilege is given to prepay this note in whol~ or in p+h at any time without penalty. Neither forebear~nte, nor acceptance by the holder the~eof afrer any default in any payments hereon, ahal) be deemed extension. A late paymeM char9e of s_lO! sha~~ be ; added to each installment remaining unpaid 7 days sfler its due date, snd a like sum shall be added to each such instsltment remaining unpaid 7 d~ys ~fte~ i each sucteeding payment date. Each msker, surety and erxlorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to sny extension of time of payment, either be(o~e or after maturity, without notice to any of us; and to pay all costs of collecfion, includ~ny a ~easonabk attwney's fee in the event oF any default hereunder, snd hereby severally waives all be~efi~ of homestead a~d exemption under Ihe constitution and laws of eacF, State of the United States, as against this obligalion w any extension w renerial hereof. Witness tix hand and sesl of each party. ~ ; (SEAq i s Louis Lun ts~?u ' ~ _ cs~?u i s/ v a C. Lund _ ~ ~34~95__ t State Revenoe (s+u+nprtien~eFkd~eere?isteat~el~ • tVOW, THEREFORE, the MORTGAGOR for the purpose of securing p~yment of ssid sum of S 23 • 3~e ~ a~d the performance of tiw covenants and agrcements hereinafter e:pressed, and fw divers good and valu~ble considerations, by these p~es~n~s, does grant,_, barpain, sell, remise, ~ release, convey and confirm unro the MORiGAGEE, its svccessors snd suigns, all that cer~ei~ lot, piece or pucel of Iand, situats, lying, and being in ths 3 Counry of St. Lueie u?d Stat~ of Fforida, dewibed ~s follaws: ~ ; ! i Lot 9, Block 3234 PORT S?. LUCIg FIARSSTA PINBS UNI? ~t2 a~cording to the Plat thereof recorded ~r? Plat Book 16 at Page 37, of the Publ~c ecosds of St. Lucie County~ Florida, ~ ~ STATE oF FLOf~~D~ 1 DOCUMENTARr ~STAMf' Tta~ ~ _ Y~ ~ OEPL OF REVENUE..~'t" ~~',s - - _ es = s~fzrt3 ~ = 3 4. 9 5 ~ ' - ~~~oi r- ~ ; i ; . . . . . . ~ 6- ~ n~ riar~ oF ~s 4 DIE 011 GI?~SS 'C' 111TNNHlE rER5o11At ~n. ; p~T Tp qW'ER ~1-13t. A~C1S Of 19)~~ ( 1106ER POf~'I~A.~E QO., fUl~ t ~ ~ Gf~li 00~. r ~ ~ ~ . i ~ ~ ~ - c ~ 8 . ~ rogether with all and singular the teneme~ts, herediumenri and sppurtances therevnto belonging w in anywise appertsininy thereto, and ~II re~b, istues, pr«eeds +nd p?ofits acuuing snd to xvue from said premixs, ell of which are included in the abovs and fwc9oinp description ~nd habendum. ~ ~ TO HAVE AND TO HOID the above desvibed and granted premises umo the said MORTGAGEE, its successors +nd +uiynt fweve?. And th~ aid their " MORTGAGOR for heirs, executwi, sdministrators and auigns, hereby covenanb with the ssid MORTGAGEE, iri :~cteason and ~uipro, ~ ~ ~hat t- h~--~g-- lawfully ie~zed of the said p~em~sea in fee s~mple: that the same a?e frse, ckar ~nd discharged from all Kens snd encum- ~ brances in law w in equity, snd that thev M,il1 ~nd tbei! F~ein shall wuraM end defend the titk to ths samt to tM said MORTGAGEE, its successors and auigns, forever agsinst the lawful claims and demands of all persons; _ ti PROVIDED, ALWAYS that if the MOR7GAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore dextibed and sh+l{ ttuly, ptomptly ~ and fully perform, dixharge, execute, compkte, comply with and abide by each and every the stipulations, agreemenri, conditio~s s~d covenants of said ~ promiswry rate and of this Mortgage, then this Nbrtgsge and the Estatc hereby aested shall cease and be nvll and void. IT IS UNDERSTOOD that the word "Mort ' whether in the si ular a Iwat an here in this Mort e ahall be si ular if one onl aod ~ ga9a~ ^9 P YW 9~ . ^9 Y ' shall be plur~l joimly ~nd severally if more than one, ~nd that the wwd "their" ss used ~nywhere in this N1wty~ge shsll be taken to me~n "his:• ••~+en;' ~ o. "its;' wherever the context so implies or sdmits. Also, that wherever tF~ere is ~ reference in the covenants and ag~eements Fierein contained to ~~y of - the parties hereto, the same shall be construed to msan a~ well ss the hein, legal rep?esentatives, uxcesson and usiyns (eitha voluntary by acf of th~ pa~ties a involuntary by operstion of the Iaw) of the same and that the covenants ix~ei~ contained sh~ll bind and the benefib sod ~dvantyes inun ^ ro the respective heirs, leg~l repreunbtives, succeuors and ~s~'gns of the panies hereto. - Md taid Mortgagors, fw themselves and their hein, legsl reprexntatives, successors and auiyns, hereby jointly and severally toven~nt •nd ~yree to and with the said MORTGAGEE, its successors snd sssigns: ~ 1. To p+y all and sinQular the principsl and interest and the various and sundry sums of money payable by virtue of said promissory note, and tha r mortgage, each +nd every, prompNy on the dsys ~espectiveiy the same severally becorn~ due. K 2. To pay all and sinyu7ar the tsxes, sssessmenri, levies, liabilities, obligstiaru ~~d tncumbasntea of every natvra ~nd kind r?ow oo s+?d desaibed ~ property, or fhat hereafter may be ~mposed, suffaed, plxed, levicd, u ~stessed tF~ereon, a 1Mt hereaiter msy be levied a u~essed upon thia N1ort¢ ~ age, a the indebtedness secured hereby, exh snd every, wMn d~?e and payable, xcadiny to law, befwe they become delinq~ent, and befwe a~y iMeres~ anaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTIY SATISFIED AND OISCNARGED OF ~ RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAtI BE PtACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; ~nd in the eve~t tMt sny thereof is no1 paid, seCsfied and discharged sa;d MORTGAGEE may at any time pay the same or sny p~?t thereof without waivioy or affectiny ~ny option, lien, eq~ity p ht under w b virtue of this mort s e and the full amount of each and every such payment shsll be immediately due and paysbk and shall be~~ ioterest ~q q Y 9 9 r ~•om tFx date thereof until paid at ~ate of nine per centum per an w~th fuj~it shall be secured by the lieo of th:t mw9tpe. ~s 6DqI ~.1~ rAri _ ;~4