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HomeMy WebLinkAbout2460 _ _ 264iti?59 _ ~ _ _ ~ THtS tNOfNTURE, Mad~ rhs 15th d,y of ~tOh~r A.D. 19 73 - between Lee ~err e s, a s n~ e u t . of St. ~..UCie ~ Cp~nty Florida, here+nafter dciignated as the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corpaation orpanized and exis}~~ up~ th~,ia.p,~~ {~hs Un~ted St+tti of Amer7c~ and hsving itt Qrincipal place of busirross in IFw Ciy of FoA Piac~, Sf. lucro Ca,nry, Florida, hereiria(Nr ~despnated ~s tl?~"eA~RiGAGEE." WHEREAS tM MORTGAGOR is jwtly indebttd to ths MORTGAGEE in the sum of S.~ 13•0~•~ , good and lawful money.of the Un~ted States advarxed by the MORTGAGEE u~to ths MORTGAGOR, as t~idencod by a certa~n promiuory nots of eve~ date herew~th, of wh;ch the following in w13a fiyurOOs • trus topY, towit: ; f • No 1002050I ' ~ ~ October 25 Fott Piercs, florida, 19~~ For value received, I, we or either of us, prom~se to pay, without defalcation, to ?he order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE at Fat Pirrce, Florida, fhe sum of s ~3 with interest from date at the rote of 5°~o per ennum, in monrhly in:tall- rrKros as fo:lowi: S 122.0~ 20tt] da of Nover~ber , t9 73 and a t~ke sum on the corres y pond~ng day of each month there- a(ter until the whole be fully paid. Each installment first shall be applied in p~yment of the interest and then on the unpa~d balance of the princtpal aum. If default is made in the payment of any installment when due, and such default continues 30 days, then et the option of the holder, snd wirhouf any orher ratice, all the ~emain;ng insrallmenti shall be due and payable at once. Vrivi{ege is given to prepay this note in whole or in part at aoy time without penalty. Neithe~ torebearance, na •uuptance by the hotdar thereof after any default in a~y paymcnts hereon, shall be deemed extension. A late payment charpe of.S 6• IO .shaU ba added to eech insta!Iment remainirg unpa~d 7 daya aiter its due date, and a like sum shall be added to each svch instatlment remaining uapaid I.da~n aftec. each succeeding payment date. Each make?, surety and endorur hereof, jointly and severally, waives demand, presentment protest and notice of protest fw ~onpayment, and further agrees ro sny eztension of time of payment, either before w after maturity, without notice ?o any of us; and to pay atl costs of colfecfion, incfud~ng a reasonab{e attorney's fee in the event o( any defau~t hereunder, and he~eby severally wa;ves all benefh of Aomestead and eaemption under the constitution and laws of each State of 1he Un~ted States, as against this obligation or any extensio~ w renewal hereof. Witness the hand and seal of each party. (seaq S/ Lee V , terricks ~~Ai~ a u ~nt~ ~ 7.9 . SO (SEAU ~ 1 State Revenue (S~aw's-er~s~W~L.~n..«yw~al wMe) 13 000 00 NOW. THEREFORE, the MOR7GAGOR for the purpose of securing payment of said sum of j ~ • ,~nd the perfom~ante of ths covenants and agreements hereinefter expressed, and for divers good and valuable considerations, by these presents, does grant~ bargain, sel~, remise, +e~eass, convey and c f'rm unto t1~ MOR7GAGEE, its svccessors and assigns, all that certain lot, piece or parcef of laod, situate, tyi~g, and being in the County of • LuC1e snd State of Ftoride, desvibed ~s foltows: Lot 6, Rlock 1, TUSh'E~EE PARK SUBDIVISION, as per plat thereof recorded in Plat Rook 8, at pac~Q 74, of the public records of St. Lucie County, ~lorida . STATE ~1.._CRlt3~ ~ ; r. r,'- - DOLUMENiARY~~`:::~_SZAM;' > c~- OEP~ ~i f?cIGAU~ •=~~c ~ ~ _ ii.T : i'l~ ' ~ ~ ! ~ ~ ~ . ~r ~ - - Po. t..~_ ~ ~ Q = ~ i ~oz _ - a~~ i ~ ~ ~ "a'~m?. ' ~yll(1 TO qIM~ER 7f-134. ~ / /~a i ROGER P011MS 7~Y 4 ~ patK ClllqllT OWR~~ Si. L~tE ~ fI ! ~ ; togethet with slt and singular the tcnemenb, hereditimentt snd appurtances thereunto belonginy or in ~nywise appertai~ing thereto, and all rents, iuves, prxeeds and profits acuuing and to acaue from said premius, all of which are inctuded in the above a~d fwegoing destription and habendum. TO HAVE AND TO HOLD the above desvibed and granted premises unto the said MQRTGAGEE, iti successon and suigns forevn. And the said E MORTGAGOR for heirs, executors, administrators and ai~igns, 1~ereby cove~ants with the said MORTGAGEE, iri successon end assipro, ~ __he 15 lawfulty seized of the said premises in fee simple; that the same are free, ckar and diuharged from •!I liena and e~cvrt~ orances in lavr or in equity, and thst he will and h1S hein shall warrant and defend the title to the same to the said MORTGAGEE, its successws and assigns, forever against the lawful claims and demands of all perwr?s; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deuribed and :hall truly, promptly ' and fufly perfwm, diuharge, execute, complete, tomply with nnd abide by each and every the stipulations, agreemcnts, conditions and covenants of said ; promissory note snd of this Mwtgage, then this Nlortgage and the Estste hereby ueated ~hall cease and be ~ull and void. i IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular a plural ~~ywhere in this Mwtgsge, shalt be singulsr if one only and ; shail be piural jointly and severally if more tha~ one, and that the word "thei~" as used ~nywhere in this Mortgsge shall be taken to mesn "his." "hen," ? or "its;' wherever the context so implies or admits. Also, that wherever thcre is a referencs in the covensnri ~nd agreements F?crein contained to any of the parties hereto, the tame shall be const~ued to me~n as well as the heirs, legsl rep~esentatives, successas and assigns (either volunrary by ad of /M ~ partiq a involuntary by operation of the law) of 1he ssme and that the covenants herein co~tained shall bind and the beneiib and advantsgef inu~e ~ to the respective heirs, leyal representatives, successon and au'gns of the parties hereto. ; And said Nbrtgegors, for themselves and their heirs, legal representatives, sucu~sa~ and suigns, hereby janNy and severally covenant and ayrte ~ t~ srxl with the said MORTGAGEE, ifs svccesso~s and assignsc W c ~ : 1. To pay sll snd sirgvlar tFk principal and interest and the various and sundry s~ms of money payable by virtue of said promissory note, and this ; mort9age, each and every, promptly on the days respedively the same teverally beco:ne due. ~ 2. To pay all a~d si~y~le~ the taaes, auessments, (eviei, liabilities, o6lig~tio~s and encwnbrances oi evtry narure and kind now on said described ~ , property, or that hereafter may be imposed, wffered, placed, levied, w auessed the~eon, or thst hereafter may be levied or usesud ~pon this Nbrt¢ ~ age, w tha indebtedness secured haeby, esch and every, when due ~nd payable, according to law, before they become delinqwnt, and befwe any interest ~ atfaches w soy penalty ii incurred; AND INSOfAR AS ANY iHERfOf IS OF RKORO THE SAMF SHAII BE PRONIPTLY SATISFIED AND dISCHARGEp Of ~ RECORD ANO THE ORIGINAI OfFIC1Al DOCUMEN~ iSUCH AS, FOR INSTANCE, ?HE TAX RECEIPT OR THE SATISfACT10N PAPER OfFICIAIIY ENDORSED OR CERTIFIEb) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTEQ PAYMENT; and in fhe event that any the~eof i~ noJ p~ paid, sat'sfied and discharged sa:d A10RTGAGEE m~y at any time pay the same or any part thereof wilhout wsiving o~ affectirg sny option, lien, equity d " .iqht urxkr or by virrue of this mortgage and the full amount of each and every such payment shall be immed'eately due and psyable snd shall bear interest s.om the dste thereof onti( paid at rate of n~ne per cenrum per annvm and together w;th svch inte~est shall be secured by the lien of th:s rtsor9taye. ~