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HomeMy WebLinkAbout0193 , ~ . ~ 26~~~~ G TNIS IhDENTURE. Made the 9t~ day of ~t~~r A.D. 19_7~ be?.veen _ _~Henry P. Bouw and Vera L. Bouw, his wife of SL. Lucie County Fforida, herr~nafter des~ynated as the "MORTGAGOR," and FIRST fEDERAL SAVIP~GS AND IOAN ASSOCIATlON OF FORT PIERCE, a corporatio~ or9anized an~ existing undei the laws of Ihe United Statas of Ame~ica and having it• pri~cipal place of bus~noss in the lity of FoA Pierce, 51. Lucie County, Flaida, he~einaher deiignated as ~he "MORiGAGEE." WMEREAS Ihe MORTGAGOR is jusdy indebted to ihe htORTGAGfE in the sum of S 26 ~ 3OO ~ ~0 , good ar.d lawful moncy of the Un~ted Sr=,tes advanced by ~he tAORiGAGEE unto the MoRTGAGOR, as ev~de~:c_d by a cerie~n prom~ssory note of evrn c:~te hzrew~th, of wh:ch the (oilowing in word a fi ures is a trua copy, to-wit: S 2~i, Q~.00 10020481 No Fort Pieres, Florida, _ ~CLOh@T 9 19 73 fo: vatue received, 1, we or eithrr of us, p~om~se to pay, wi~hout defa:cat~on, to the order ef FIRST FEDERAL SAVINGS AND LOAN ASSOCIAT~CN OE ' ~ORi PIERCE at Fort P;erce, Florida, the sum of s2~+3n~•n0 w;th inierost irom date at the rate of9.25oo pe, annum, in monthly ins~all- :~,ents as fol!ows: ; 241 .0~____ pn the _ 2Ot~lay or _ fiebruarX_ ~q_ 74 and a like sum on the correspond~ng day of each moNh there- ~ at~er until the whoie be fully paid. ~ ~ Each installment first shall be appGrd in payment of the interest and ~?~en on the unpaid balanc.- of the prinGpal sum. If defauh is made in the ~ ; ayment of any insrallment when due, and such dafault conunues 30 days, then at the opt;an of the holder, and without a~y other not~ce, all the rerr~ain~ng ~~~srallments shall be d~e and payable at once. Privilege is g~vrn to prepay this note in whole or in part at any time without pen~lty. Pleither forei+ea•ance, ~ r,or acceptance by the holder thereoi after any default in any paymenfs hereon, sha(1 be daemed extension. A late paymenf charge of E12 . ~5 , shall be : _~dded to each instaNrnent remaining unpa:d 7 days after its d~e date, and a i~we s~m shatl be addrd to each such installmeN remaining unpaid 7 days after each succeeding payment date. t~, Eath make:, surety and endorser hereof, jointly and severally, waives de~nand, present~ne~t protest and not~ce of protett for nonpayment, and further , a~rees to any extension of t~me of paymenf, eirher befo~e or after matunty, without not~ce to any of us; and to pay all costs of co!leciion, includ:ng a rrasortable anomey's fee in the evznt of any defau~~ hereunder, and hereby se•+e~ally ~vaives ali benefit of homestead and eaemption under the co~stitwion . end laws of each S~ate of the United States, as aga~nst tt+is obGgation w any exrens~on or renewal he~eof. Witne:s the hand and seal of each party. - ` ~Z.IA ' L o (SEAL) ~ S H (SEAL) , T /i?i t - (SEAL) $34.45 s/Vera L. Bouw ~sEa~) a State Revenue ~6~ew~ps-vsnedkei~e+rerigiwai+~ert~ NO'rfV, THEREFORE, tF,e MORTGAGOR for the purpose of securing payment of said sum of =26 + 30~. ~Q , and the performance of the cuvenants and agreements hereinaiter expressed, and for divers good and valuabte conside.ations, by these presents, dozs g~ant, barga~n, seli, rem;se, re;ease, cortvey and conf;rm unto tht MOR7GAGEE, its succeswrs and ass~gns, all that certain lot, piece w parcel of land, situate, lying, and being in the County of $t. LuCie , and State of f~orida, dewibed aa follows_ ;.ot 24, Block 92, PORT ST. LUCIfi SEC?ION 27, accorr~ing to the Plat thereof re- ~orded in Plat Book 14 at Pages 5, SA thru SI, Public Records of St. ~ucie County, :lorida, ~ ~ ' _ - ST~4TE - ` oocunn~rvrAQY ~LC~?~~.^~ ~ ~ ~ rn ~'E?T. OF :tEVEN(jc : 'i S ~1~ /V~ P ~ i j ~n~ S = ,;ci ~ ~ p R ol _ (c~ B ~8. S~°:;f"~-,.. ~.e?.` ,7 9. DUE Wi? CUISS IN ~A17fE7Yf OF TAi(~? = t~raz . ~ti~ " d 5 ~ PLRiiiWT TO NIANGIBI~ PEkSpt~{K p~r ~ ' CHAP?ER 71•13t. ACiS ~ 1,~ RG6ER 1'ORIIAS ~ 011'J~K GHM,~lIT OOURT. S1. Wq~ R1~ ~ ~ 3 : ~ sogether with all and singular thc tenements, hereditaments and appurtances thereunto belonginq w in snywise appertaining thereto, and all rents, issues, ' proceeds and profits accruing arw to accrue from said premises, all of which are inctuded in the above and fpregoing description and habendum. e ~ TO HAVE AND TO FiOI~ the above destribed and granted premises unto the said MORTGAGEE, itt suctessws and assigns forever. And iF~s said ' h10RTGAGOR for ----thP~lY--- heirs, e:ecutors, administrators and assigns, hereby covenants with the said MORiGAGEE, its successbrs and assign~, j that ---th~_are ~awfully se~zed of the said prem~ses in fee simple; that the same are free, clear and discharged irom all liens and encum- brances in law or in equity, and that they will and their _ h~;,, shatl warranr end defend the title to tbe same to the said MORTGAGEE, its successors artd assigns, forever against the lawful ctaims and demands of all persons; ' PROVlDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuoty note hereinbefue described and shsll truly, promptly and fully perform, discharge, execute, complete, comply with and ab~de by each and every the itipulations, agreements, conditions and covenants of faid promisswy rrote and of this Mortgage, then thi~ N?ortyage and the E:rate hereby created shall cease and be null and vo~d. IT IS UNOFRSTOOD that tF~e wwd "Matgagor" whether in the s~ngular or plural anywhere in this Mortgage, shsll be singular if one only snd ~ shall be ptu~al jointly and severally if r*~ore than one, and that the word "their" as used anywhere in this Matgage shatl be taken to mean "his," "hers," or "its;' wherever tFx context w implies w admits. Alw, that wherev~~ fhe~r +s a reference in the covenants and sgreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal rep.esentatives, successois a~d assigns (either voluntary by act of the i part~es or involuntary by operarion of the !aw) of the same and that the covenants herein conrained shall b+nd and the benefits and advsntages invre ro the respective heirs, legal ?epresentatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legai representatives, successors and assigns, hereby jointly and severally covenant and agree ' +o and w~th the said MORTGAGEE, its successors and assigns: _ 1. To pay all and singular the principal and interest snd tix var;ous and sundry sums of money pa/able by virtue of said promissory note, and this ~ mutgage, each and eve?y, promptfy on the days respect~vely the same severally become due. 2. To pay sll and singu:ar the taxes, assessments, levies, liab~~ities--oNigations and encumbrances of every nature and k"u~d now on seid dexribed property, w that hereafter may be impos!d, suffered, p~aced, levied, or sssessed tf~ereo~, w that hereafter may be lev~ed or assesud upon fhis Mortp- age, w the i~debtedness secured hereby, each and every, when due and payabte, according to law, befwe they kxcome deiinquent, and before any interest attaches or any penalty is i~curred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SAiI5f1ED AND o~SCHnRG~~ Of RECORD AND THE ORIG{hAL OFF(CtAI UOCUMENt (SUCH A5, FOR INSTANtE, iHE TAX RECEIPI OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED ~ OR CERTIfIED) SHAII BE PIACED Ih TME HANDS OF SAID MORiGAGfE WITHW TEN DAYS NFXT AFTER PAYMENT; and in the event that any thereof is not i pa~d, sat"sfied and discharged sa'd MOkTGAGEE may at any time pay the same or any part thereof without waiving or affecring any option, lien, equ;ty a f •~aht under or by virtue vf thes morrqage and the full amount of each and every such payment shall be immediately due and payable and shall bear interes~ ~ ~rom the date thereof until paid at rate of nine per cent~m per annum and together w~ t n r t shall be s~c~by the lie~ of th's morgtaye. = ao~ fncf 1