HomeMy WebLinkAbout1443 ~ 26'7639
THIS INDENIURE. Made the_ lSt _ day of 'November q,p_ ~9_73 , bet,vren
Arthur R. Devonnil2e aad Helen M. Devon~aille, his wife ~
of $t• j'uCi6 ~~nty Florida, here~~after deacgn~frd as the "6tORTGAGOR," and flRST FEDFRA! SAVINGS AND tOAN
ASSOClATlON OF FORT PIERCE, a cor'aration organized and ex~sting under the laws of the United Statas of Americ~ and having it~ principal pla<e of
busi~ess in the City of Forl Pierce,.St. lucie County, Flotida, hereinaf~e? das~g~ated as the "MORiGAGEE:'
WHEREAS thn MORTGAGOR is justly indebted to 1he MORTGAGEE in ~he sum of S_32 ~400~ 00 good and lawful moncy ot the Un ted
Srates advanced by the MORIGAGEF unto fhe ASORiGAGOR, as ev~o.:nced by a cena~n prom~ssory note of e.en date herewith, of wh:ch the ioilowing in
words and figurei is a true copy, Io-wit:
s 32,400.Q0 No 10020513
Noveaber 1 73
Fort Pierce, F(wide, 19__
For vaiue r~eived, t, we or either of us, promise to pay, without defa:.ar;on, ro the order oi FlRST FEDERAL SAVIt~GS AND IOAN ASSOCIATIG'N OF
, ~ORi PfERCE at fort Pierce, ftorida, the sum o! 3 32z400~O0 wnh interesr (rom date at the rate of9~25~.o per annum, ~n monthly install-
~ +nents as iol!ows: S27S+~~_ on !he 20th da~ of _~C~beX__., 1973 and a like sum on the torrespond~ng day of each moNh there-
airer un~il tha whole be fully paid. .
~ Each insrallment lirst shall be applicd in payment of the interest and then on the unpald baiance of the prine'pal sum. If default is made in the
F~ayment of any instaltment whan dve, and such default coniinues 30 days, then at ~he option of tne holder, and without any other no~~u, ait the remain~ng
~~~srallments sha(I be due and. payable at once. Privilege is giveo to prepay this note in whole or in part at any t~me withc~t pena~ty. Neifher forebearance,
13 90
nor atteptance by the holder thereof attrr any deFault in any payments hereon, shall be deemed extens~on. A late paymem charge of S_-_~_.. ~I~ii be
: dded to each ins~ailment remain~ng unpa:d 7 days afre~ its due date, and a I~ke sum shali be addrd to each s~ch inual6nent remaining unpa~d 7 dcys after
~ each sucteeding paymeN date.
' Each maker, surety and endorser hereof, joinNy and severally, waives demand, presentment protest and notice oi p~otest for nonpaymeM, and turtAer
agreea to any extension of t~me of payment, either before or after maturiry, wirhout nor~ce ta any of us; and to pay afl costs of co.iection, inctud:ng a
~ rzasenable attomey's fee in thr event of any defau~t hereunder, and hereby severa:ly waives all beneiit of homestead and exempGon urder the constitution
' ~~d laws of each Stare of the Un;ted States, as against this obl~gation or any exoens~on or renewaf hereof.
Witness tht hand and seal of each party.
(SEAI)
~/Arthur R. D@VOfli11111~2 (SEAI)
~ ' (SEAI)
~ s/Hel en M. Devonn i l l e tsEnu
$48.60 State Reven•.~e
-(9ramps~ese+~elle~err ee~jh+dTe~eT
AtOVV, THEREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of j 32,400.~ , a~d the performance of the
covenants and agreements hereinafter expreased, and for divers goed and valuable considerations, by thex presents, dcea grant, bargain, sell, rem~se,
~eiease, convey and tonfirm u~to the MORiGAGEf, its s~cceswrs and assigns, a!1 thaf certain lot, piece or parcel of land, situate, lying, and being in the
Counryr of $t. Lucie end State of flwida, de~uibed as follows:
i.ot 21, Block 431 of PORT ST. WCIB SECTION 3, according to the Plat thereof Ye-
corded in Plat Book 12 at Page 13A, Public Recurds of St. Lucie County, Florida,
~ STAT~ ~F FLC~RILD~'. ~
oZ DOC'JMENTAR't ST~,M P* t, !
c-' DEP~. 'vF REYEMUf
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' fogether with all and singular the tenements, hereditaments and appurtances thereunto betw~ging w in anywise •ppertainir?g 1Mereto, and all rents, issues,
' p~oceeds and profits accru+ng and to accrue from sa+d premises, all of wh;ch a~e included in the above and fwegoing description and habendum.
TO HAYf AND TO HQLD the above described and granted premises unto the said MORTGAGEE, its successors and ass'gns forever, And the said
their
' h1pRTGAGOR for heirs, executws, administrator: and assigns, hereby covenanta with tF~e said MORTGAGEE, its suttessus and assignt,
~ha~ they_ are ~aW{~~iy se~zed of the said p~emises in fee simple; that the same a?e free, clear and discharged from all liens and encum-
brances in law or in equity, and that they W~~~ a~ their hoirs shall warrant and defend the title to the same to the ssid
h10RTGAGEE, its successors and assi~ns, forever against the (awful claims and demands of al! persoro;
PROVIOEO, ALWAYS that if the MORiGAGOR shaN pay umo the MORTGAGEE tbe promissory note hereinbefore described and shaf) truly, promptly
and f~lly perform, d~scharge, execute, complete, comply with and ab~de by each and every the stipulations, agreemenls, condition~ and covenants of said
promisswy note and of this Mortgage, then this Mortgage and Ihe Estate hereby created shall ceate and be null and void.
IT IS UNDERSTOOD that the wwd "Mortgagu'" whether in the zingvlar or plura) anywhere in this Mortgage, shall be singular if one only snd
sFal) be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hers;'
or "its," wherever the conteat so impiics or admifs. Also, that wherever there is a refere+xe in the covenants and sgreements herein contained to any of Q
the parties hereto, the same shall be con~trued to mean as well as the heirs, legal representatives, successo~s and assigns (either voluntary by att of the ~
parties or invo:untary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure
to the respedive heirs, legal representatives, successors and ass'gns of the parties hereto.
And said Mortgago~s, ior themsefves and the~r heirs, lega! ~ep~esenfatives, successors and assigns, hereby jointiy and severally covenant and agree t~
+o and with the said N10RTGAGEE, its successws and assigns: ~
1. To a all and si
p y ngular the principal and interest and the various and sundry sums of money payable by virtue of said prom~sswy note, and this
mortgage, each and every, promptly on the days respectivety ti~e same severally become due. Q
2. To pay sll and ii~gular the ta:es, assessmenti, levies, liabilities, obligations and encumbrances of every nature and kind now on said desuibed ~
property, o~ that hereafter may be imposed, :uffered, placed, ievied, or assessed thereon, w that hereaiter may be levied w assessed upw~ this Mwtg
age, or the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinq~ent, and before any in?erest ~
asraches o~ any penaUy is incurred; AND INSOfAR AS ANY ?MEREOF I$ OF RECORD THE $AME SHAII BE PROMPTIY SATISf1E0 AYD OISCHARGED Of ~p
RECORD AtJD THE ORIGItNAI OfFIC1Al DOCUMENT (SUCH AS, F~JR INSTANCE, THE TAX RECEI~T OR THE SATfSfACT10N PAPER OFFICtAtLY ENUORSfD G~
OR CERTIfIEO) SHAL[ BE PLACED IN THE MANDS OF $A!p MORTGAGFE WIIHlN TEN flAYS NcXT AFTER PAYMENT; and in the event that any thereof is not
pa~d, sat sfied and discharged sa d MOR7GAGEE may at any t~me pay the same or any part thereof without waiving or af(ecting any option, lien, equity w
~~~ht under or by virtue of th~s mo~tgage and the full amou~t of each and every such payment shalt be immedrately due and payable and shall bear interest
°•om rhe dafe ther~f until pa~d at rare of ~~ne per centum per annum and toge~her w~th such interest ~hatl be sec~red by the lien of th's morgtage.
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