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HomeMy WebLinkAbout1149 ;~E~:i;~.~ 3 ~ THIS INDENTURE, Made the 3r~ day or ~tober q.D. 19 73 be~~een i ' - i 1.015 Thorpe, d W14~OW ~ of St. Lucie ~p~~ty florida, hereioafter des~~na~eJ as the "MORiGAGOR;' and fIRS~ fEOERAI 51lVINGS A~tD IOAN ASSOCIATtON Of FORi PIERGE, a corpwation organezed and exis~:ng undrr tbe laws of the United Statos oi America and having its printipal place of bus~ness I~ the City of Fort Pierce, St. tucie Cou~ry, Fiorida, hereinafter des~gn~~ed as the "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebled to lhe MORTGAGEE in the sum of S-_ 20l~O'~~ , good and lawfut money of thr Un.ted Srates ad~anced by the /dORTGAGff unto rhe h\ORiGAGOR, as ewdanc: d by a certa:n prom~ssory note of even date herewith, of wh:ch the foi:ow~ng in wo~ds and figwes is a true topy, to-wit: s 20~000.00 _ No 10020470 Fort Pierce, florida, ~tObCT 3~ 19 73 for valve ~eceived, 1, we or either of us, prom~se to pay, without defa!c~~~on, to the order of FtR51 FEDERAt SAVINGS ANO LOAM ASSOCiATl0~1 OF FORT PiERCE at fort Pierce, F:orida, the sum oi s__ ",;rh inrerest from date at the rate o~! 2 S°~ ~,er a.u•um, ~n monthly install- ~~~rn~s as fot!ows: S-la~-'~___ on fi~e ?Oth day of _'~n~'e~~CZ ,)9_7.~ and a like sum on the correspord~ng day o( ea~l~ month there- arrer until the whole be Fuiiy paid. Eath installmant first shell be appli~d ~n payment of Ihe interest and the~ on the unpaid balance of the prin~;pal sum. If dciauh is ~nade in the ~ aym~nt of any inita~(ment when due, and such default continues 30 days, then at the opGon of the hoider, and wilhout any other not~cr, all 1F:e rema~n;ng :nstaUments shall be due and payab:e at once. Privilege is give~ to prepay this note in whole w in part at any fime without penalty. Neither forebearance, nor acceptance by the hoider thereof aiter any defau~t in any payments hereon, shatl be deemed exte~is~on. A late paymeM cha~ge of S- 9~?~ shall be ~dl~d to each installmrnt remaining unpa:d 7 days afte~ its due date, and a I~i.e s~m shall be added to each such installment ~ema~ning unpaid 7 dars aiter esch succeeding payme~t date. Each maker, surety and endo~ser Aereof, join~ly and severaliy, walves dernand, presentment protzst and notice of protest for nonpayment, and further aqrees to any extensron of nn,e of payment, e~~her bcfore or after maturty, w~ihout notice to any of us; and to pay aN costs of collection, indud:ng a r<-esonable atromey's fee ;n thr event of any default hereunde~, and hereby semral!y wa~ves all benefit of homestead ar.d exemp~io~ undcr the constitution ,.~d laws of each Srarp of the Un:terl Srates, as aga~nst this oLl~gation or any extension or rrnewal hereof_ W~tness tF:e hand and seal of each party. (SEAL) _S~ LO1S Th~rpe, d WIG;AW (SEAt) ($EAl) ~ ~ 30.~0 ~ State Revenue (SEAI) is~?a~.~s-eancelle~.w~ er+gw~e!Tere) NOW, 7HfREFORE, the MORiGAGOR for rhe ur 2O ~O OO p pose of secu.ing payment of said sum of S ~ • , and t:~e performance ~ the covenants and agreements he~einafter expressed, and for divers good and valuabie considerations, by these presents, dces grant, barga~n, sell, rem~se, r~-:ease, convey and confum unto the MtORiGAGEE, its successors and assigns, atl that certain lot, p+ete or pa~cel of land, situate, lying, and being in the Counry of St. Lucie and Sratc of Florida, descr;bed aa foUows: l.nt 28~ F~lock S, Revised Plat of FOFT PIFFCE RFACH as per p]a t there~f on fi1P in Plat Book 8, page 29~ of the public records of St. Lucie County~ Floricia. r, _ _ STAT~ ~1.._~..~~;~;.; . U~}~UMENTkR~ ST:: M=~ 3( fiL P'! _ _ . ~ c UEPT.Of" i'EYitielc • f/ y, i . ~ - Q~ ' L'~t'J~~J~:~N~~.t V 0. O 0 ~ M p !t(~~ ~ ' /0 p~- ~ e~nr~o ~ T IN PAYINFJR OF TAl(ES OUE ON CLASS 'C INiANGIdLE IERS+DNAL PRp~R~ ~ PIiR~IJANi TO CF1ArTER ~1-134, ACiS OF~C l. AO~ER POITIU~S 7ES~ ~,,,,y ~ ~lF1Y~ CIRCUlT DOlWI, ~f, u1Cli OQ. 1~J~, r 4 `t e F F to ether with al~ and sin ular the tenements, hereditamems and a ; 9 g ppurtances ihereunto beionging or in anywise appertaining thereto, and all rcnts, issues, ;,roceeds and profits accruing and to accrue from said premises, aH of which are ~r~cluded in the above and foregoing desuiption and habendum. ~ TO HAVE ANU TO HOID the above described and granted p~emises unfo the ssid MORTGAGEE, its successors and assigns forever. And the isid :'~ORTGAGOR for - he= F,o;rs, executors, administ.ators and ass~gns, hereby covenants with the ssid MORTGAGEE, its successws and assigns, •hat lawfully se~zed of the said prem~ses in fee simple; that the same are free, clear a~d discharged from all liens and encum- i brances in law or in equity, and ?hat She will and her _ ' heirs shal) warrant and defend the title to the same to the said ~ h'.ORTGAGEE, its su:cessors and assiqns, forever against the lawful claims and demands of all perso~s; PROVIDED, ALWAYS that if the tiIIORTGAGOR shall pay unto the MORTGAGEE the promisswy note heaeinbefore dex?ibed and shall iruly, promptly _ ~nd tully perform, d~uharge, execute, complete, car.ply with and abide by each and every the stipularions, agreements, conditions and covenants of ~a~d cromissory note and of this Mortgage, then this Mortgage and the Estate hereby creatcd shatl cesse and be nult and void. IT IS UNDERSTOOD that the word "Mortgagor" whetF~er in the singu(ar or pfural anywhere in this Mortgage, shatl be singvlar if one only and ' ~hell be plwal joinfly and severally if more than one, and that the word "theh" as used anywhere in this Mortgage shall be taken to mean "his," "hers;' ; cr "~ts," whereve? tbe context so impiies w admits. Alw, that wherever there is a reference in the covenants and agreements herein contained to any of ~ +he parties hereto, the same shalt be construed ro mean as wel! as fhe hei:s, legal representatives, successori aod ass~g~s (either voluntary by act of the ' parties or involuntary by operation of the law) of the same and that the covenants he~ein co~tai~ed shall bind and the benefits and advantages inure fo the respective heirs, legal representatives, successors and asa~gns of the parties hereto. ~ And ~ said AAo~t rs, for themselves and their heirs, i 9~ egal representatives, successws artd ass±gns, hereby joinrly and severally tovenant and agree ro and with the said MORTGAGEE, its successors and assigns: _ 1. To pay alI and singu~ar thc principal and interest and the var~ous and sundry sums of money payable by virtue of said pram~ssory note, and this mortgage, each and every, promptly on the days respectively the same severalty become due. 'a 2. To pay al( and singutar the taxes, assessments, levies, liabitities, oWigations and encumbrancet of avery nature and kind now on said described ~ croperty, or that hereafter may be imposed, suffered, placed, levied, or assesxd thereon, or that hereafte? may be levied or assessed upon this Mortg- ~ age, or the indebtedness aecured hereby, each and every, when due ~nd payable, according to (aw, befae they become delinquent, and before sny interesr - a+ruhes or any penairy is incuned; ANU 1NSpFAR AS ANY THEREOF IS OF RECORD THE SAME SHALI BE PROMPTLY SAiISF1ED AND DISCHARGED OF RECORD AND TME ORIGI~;AL OFFICIAL pOCUMENT (SUCH A5, fOR INSTANCE. TNE TAX RECEIPi OR TME SATISFACTION PAPER OFFICIAIIY ENDpRSED j QP, CERTIFIEU) SHAtL BE PtACEO (N THE HANOS OF SAID MORZGAGff WI7HIfV 7fN DAYS NFJ(i AF7ER PAYIdENI; and in the event that any thereof is not ; a:d, aat sfied and d~scharged sa.d MORTGAGEE may at any hme pay rho same w any part thereof without waiving or affecting any option, lien, equity or •~qht under or by v~.tue of th~s mortgage and the fuil ar.,o~nt of each and every such payment shalf be immed~arely due and payable and shall bear interest = 'rom the date tbe~eof unrJf pa;d ar rate of n;ne per cemum per annvm a~d togethe+ w:th s~ch interest shall be secured by the lien of th:s morgtage. ~ BOGK 219 FA~E 1149 x. _ . , ~ . ~ - - - - . _ .