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HomeMy WebLinkAbout0801 tiv~t~Cf~ ~ THIS INDENTURE, Mad~ ths ift day of ~t0~!! A.O. 19~„ b+~ween Ds~ny . ooe a ayt . owt ~ s w t of St• L~ie , Counry fiorid~, hereina(~er designated ss the "MORTGAGOR;' and FIRST FEDERAt SAVINGS AND IOAN ASSOCIAiION OF FORT PiERCE, ~ co~paation orpa~izcd and existinp under rM lawt of ths United Stal~s of Amt~iu and havinp ib principal pf~ce of buun~s~ M th~ City of Fort Pi~rc~, St. luti~ Counfy, Flwida, hereinafter desiynated a~ ths "MORTGAGEE:' , WHEREAS ths MORTGAGOR is j~itly indtbted to th~ MORTGAGEE i~ the sum of s 27._..~ 4~ good ai.d lawful money of the Un~ted ~ States advanced by the MORiGAGEE unto ths MORTGAGOR, a~ evidented by a cer~ai~ promisiay note of even date herew:th, of wh~ch th~ followic9 :n wordf and figures is a trw topy. Iowit: 10020464 ~ : 27 ~ ~i00 _ 00 No - fort Pierc~, Flwida, ~tO~r 1 _ 19 73 ~ For value received, I, we w cither of us, p~omise to ay, without defatcarion, to the order of FIRST FEOERAt SAVINGS AND IOAN ASSOCIATION UF ~ FORT PIERCE at Fort Pierce, flwida, the sum of S ~4~~~ w~th inierest from dafe at the rbte of9~25ne p~r anqum, in mon:h~y iratall- ments as (~Ilows: S 235~~ on ~he ~th day of J~n~=y__. 19_74 ar~d e like sum on the correspond~n9 d~y of each mor.th ~here- 1 alter until the whole be fully paid. ` Each installment first shall be appl+ed in payment of the interest snd then on the unpaid balance ot the princ~pal sum. If default is made in the yayment of any inatallment when due, and such default continues 30 days, then at the option of the holder, and without a~y olher ~otice, all the remain~ng ~~s~allments shall be due and payable at once. P~ivilcge is given to prepay th~s note in whole or in part at any time without penalty. Neither forebear~nce, , nor acceptance by the holder thereof afte~ any defaul? in any payments hereon, shall be deemed extension. A late payment charge of S 11~75shall be edded fo each instaltment remaining unpa~d 7 days aftet its due da1e, and p like su~n sha{I be added to each such installment rema~ning unpaid 7 days sfter ' each iucceeding payment date. ~ ` Each maker, surety and endo~xr hereof, jointly ~and severally, waives demand, presentment protest and notice of protesf for nonpayment, and further agrees to any extension of time of payme~t, either before or after maturity, without not~ce to any of us; and !o pay all costs of collection, including a ! reasonable attorney's fee in the event of any defaui? F~ereu~der, and heroby saverally waivea all benefit of homestead and ezemption under the constitutior~ and laws of each State of ~he United States, as aqa~nat ~his obl~9atio~ w any extension or renewal hereof. ` . - Witness the hand and seal of each party. . , a/ Danny M. Coaella cseni) (SEAL) (SEAI) s RaYe~A. Coaella $41.10 ~5~~ ) State Revenue l6~6f~~~~AlIgR1A~ ilaFa) MOiIV, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of s 27~4~~~ and the perfwmance of tM covenants and agreements hereinafter expressed, and for divers good and valuable co~siderations, by thtx presents, does granL bargain, ~etl, rem~se, release, convey and confirm unto the MORiGAGEE, its svcceswrs and auigns, all that certain lot, piece w psrcel of (and, situate, lying, and being in the County of $t • i'~i~ snd State of Fb~ida, deuribed a~ iollowt: l.ot l~ Block 46, PORT ST. LUCIB SBCTION 25, as per plat th~reo! on til~ in Plat Book 13, at Pages 32, 32A t6rough 32I~ ot the Public Records ot St. Luci~e County, Florida, , ~ , ~ ~ F F~-5 aR~' t~x ~ ~ ° /:`~_/1 ~ ~ : a~.~ AMENt A~~ 1~ 1 ~ ~ ~ p1 O ~pEV~ j •15 ~ I .i ~ RECE(YfD " ~ IN TAYMFM Oi TAX~ ~ f DtIE ON CIASS'C ItiTANGIBIE PERSONAL ?ROrlR1Y. n x ~ r Oy c" d' ~ e- pURSUANT TO CFIAr~E~ 71•134. AiCTS OF 1911 ~ R ~ ~~c~,~ ~ ~~~02 ' ROGER ?ORRl~C ~ o t~.fRK CIRWIT COURT, St. LUCIE 00.. flJl r/ ~ ~ rogether w+th all and sirgular the tenements, he~editaments and appurtances therevnto belonginy w in anywise spperfaining the?eto, and ell renri, issues, proc•eds and profits accruing snd to accrue from said premiu~, all of wFi~ch are included in the above and foregoing dexription ~nd habendum. ~ TO HAVE AN~ T HOID the above described and gra~ted premises unto the said MORTGAGEE, ib succeswn and usiyns forever. And tM said 4 !~M1ORTGAGpR for t~~Y------ hei?s, executws, sdminiatrators and assigns, hereby covena~ts with the i+id MORTGAGEE, it~ sutcessors sr~d auigni, - tifey are ~ rhat lawfully seized of the said prem~ses in fee simple; that the same ~re free, clesr and dixharged from all lient and e~cum- ~ brances in law or in equity, and that t}~ will and ~e~ heirs shsll w~rrant and defend the title to the isme to the uid MORTGAGEE, its successors and assigm, forever sgainst the lawful cfaims and demsnds of ali perwro; - PROVIDED, ALWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE the promissory note hereinbefwe desaibed u+d shall truly, promptly and fully perform, d~xharge, e~eecute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenenri of sa~d a promissory note and of this Nlortgage, then this Mortgsge and the Estate hereby veated shall ce~se snd be n~ll and void. ~ IT IS UNDERSTOOD th~t the wwd "Mongaga" whether i~ the singulsr w plural anywhere in this Mortgage, shall be singulsr if one only and ! shall be plural jointly and severally if more 1Fun one, and that the word "t heir" as used anywhe~e in lhis Mwt9age shall be taken to mean "his; '"Fxr~ " or "it~;' wherever the context so implies or admits. Also, that wherever there is a refe~cnce in the covensnt~ snd agreemenri herein contained to ~ny of ~ ehe parties hereto, the asme shall be construed to meae as well a• the heirs, legal represenhtiva, s~tcessws and auigns (either volum~ry by ed of the parties or involuntary by oper~tion of the Isw)-of the same and that 1he covensnts herein contaiotd shall bind and the benefin and advantayes inure ~ to the respedive heirs, ley~l represematires, successors and su'gns of the parties hereto. ~ And said Mortgagors, fa themselves and their heirs, legal representatives, successors and a:si9ns, hereby joindy and severally covcnant and agree to and with the said MORTGAGEE, iti successors and assgns: ~ 1. To pay aU ~nd singufar the pri~tip~l •nd iMereit snd the various snd sundry sums of money payable by viitue of said promiiswy note, s~d this mortgage, each and every, promptly on the days respectively the same severolly become due. ~ 2. To pay all and singular the taxn, assessments, levies, lisbil~ties, obligations and encumbrances of every n~ture ~nd kind now on taid described property, w th~t hereafter msy be imposed, suffered, pf~ted, levied, or ~ssessed tF~ereo~, w that hereafter may be tevied w assessed upon thit Mortg~ ~_r age, w the indebtedness secured hereby, lKFI ifld lVNy, when d~e and p~yible, xcwd~rg to law, befae they bccome delinquent, and beto~e any interes~ ar~aches or any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED AND OIS~HARGED OF ; RECORD AND TME ORIGIhAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED "~s OR CERTIFIED) SHALL BE PlACEO IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the evem that sny thereof is not a pa~d, sat"sfied and dischsrged sa'd MORTGAGEE may st any time p:y the same or any part thereof witFaut waiving or affecting ~ny option, lien, equity w ~ •~qht under w by virtue of this mo~~9age and the full amount of each and every such payment shsll be immediately due and pay~ble and thall bear interest ~ i.om the date thrreof un~il paid at r~te of n~ne per centum per annum and together with such interett c ed by the lien of th:s mwgtape. ~ BOOK~~~ FAC£ ~O~ ~ - - : x,v ~~;_:,ts _ _ _ : . , x.- _ . . _ : ~ ."i`.~..M"°'