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HomeMy WebLinkAbout0042 z6sss:~ ~ ~ THIS INDENTURE. Made ~he 3rd - day of ~tober p.p, ~q?3 ber,veen Richard C. Nbore and Ruth Moore, his wife of $t . Lucie ~~nty Florids, hereinafter designa~rd as Ihe "M~~TOI~'iOR,^ aRd fIRSi ~EOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaation w~ani:ed and exist~ng under ~he laws of Ihe Un~ted Statas of Ame~ica ~od having its princ~pai piace o( busineu in tM Ciry of Fwt Pisrce, St. lucie Cou~ty, Florida, hereinai~er deslgnated a~ tM "MORIGAGEE:' WHEREAS tM MORTGAGOR is ju~~ly indebted to ths MORTGAGEE in the sum oi S 15~~~~ ~ , good and lawful money of the Un:trd States sdvsnced by the MORTGAGEE unto tho MORTGAGOR, as evide~iccd by a certa~n promisswy ~ote of even date herewith, of wh:ch the iollowing in words and figwes is a t~ue copy. Iowit: . s 15,000.00 - ~ 10020468 fort Pierce, Flaida, AGtAhpr 1923.__ Fw value ~eceived, I, we or eith~r of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, Fbrida, the sum of S- 1'S ~ with interesl from date at the rate of 9• Z~ pN annum, in monthly instal!- meNS as iot!ows: S 193 p~ 2~t~ay of HOV ~~I ~9_?3_ and a like sum on the correspo~d~ng day of each monfh the~e- afrer until the whole be fully paid. Each ~nsta~Iment first sh~ll be applied in payment of the interest and then on the unpaid balance of the prinrpal sum_ If default is made in the ~~ayment of a~y installment when due, and such default continues 30 days, then at ~he option of the holder, and without any other not~ce, ail the femaining :nstalfinents shall be due and payable at once. Privilege is given to prepay this ~ote in whole or in pa~t at a~y time without pena{ty. Neither forebearance, nor acceptance by the holder thereof afttr any defautt in any payments hereo~, shalf be deemed extension. A latr payment charge of j_~eb_S_, shall be added to each installment remaining unpa~d 7 days after its due dafe, and a l:ke sum shali be adacd Io each s~ch installment remai~ing unpaid 7 days after each succceding payment date. Each maker, surery and endwser hereof, jointly and se~erally, wa~ves den,and, presentment protest and notice of profest for nonpayment, and further agrees to any extension o( time of paymenf, either before w after maturity, without not~ce to any of us; and to pay all costs of collect~on, inciud~ng a rrasonable attorney's fee in the event of any defau~t hereunder, and hereby se~eraily waives a~l benefit of homestead and exemption under the constitutan ~~~.d laws of each State of the United States, as aga~nst this obl~gation w any extension w renEwal hereoi. Witness the hand and seal of each party_ (SEAL) Richard C ~1001@ (SEAI) (SEAI) 5/ Ruth Moore ~sEni) ( 522 . ) State Revenue tSrae,prancelFe~ errerigind ~e) NOiN, THEREFORE, the MORTGAGOR fw the purpose of seturing payment of said sum of = 151 ~0 and the perfwmance of the covenants and agreements hereinaiter expressed, and for divers good and va~uabte cens;derations, by theu presents, does grant, bargain, setl, rem~se, releax, convey and confirm unto the MORTGAGEE, its succe:sors and assgns, all thaf certaio lot, piece w parcel of land, situate, lyirtg, and being in the County of St . Lueie and Srate of Fbrida, dewibed as follows: Apartaent No. E- 4 of La Er~trada Del Mar, a condominium acoording to the Declaration of Condominium dated December 30 , 1972, recorded in Official Records Book 220 , page 1747 of the Public Records of St. Lucie County, Florida, together ~rith all of its appurtenances according to the Decla.ration including an undivided interest in the common elements of said Condominiun as set forth in the Dec~ration~ and as re-recorded to reflect additional exhibits in O. K. Book 220, page 2192 St. Lucie County, Flozida, public records. Subject to the terms, covenants, agreements, obligations and provisions of said Declaration of Condominium which mortgagor in all things does covenant to mortgagee faithfully to ot~serve and perform. i i i . I < ~ STATE FL~R!D~`~. ~ ~ ~ DO(.UMENTARY ST,4MP TAX ~ p~ 7A~ ~ c-~ ° OE~7_ GF kEYE?1UE t~' •s:~ ~~1 PAYIADrt ~ N = P~ = :vVl9'Td ` G Z. ~7 0 ~ ~~'C INIM1GIBlE PER90NAL 19RO~P~EiCT'(. ~ M1 ~ - ~ lf.°• 71-134. ~ C ~ o = ~uc2 ~ TO ~ ~ER !'OITW?.~ ~ ~ ~ . . p,F(~1( CtRCU1T CA~1N~. ST. WCIE 0~, ~ ~ ~ ~ ~ ~ rogether with all and singular the tenements, F~ereditaments and appurtances thereunto belo~ging w in anywise sppertsining thereto, and all rents, issuef, ~ proceeds and prof~ts accruing and to acuue from said premises, all of which are included in the above snd fwegang dexription and habendum. ~ TO HAVE AND T HQLD the above dewibed and granted premises umo the uid MORT6AGEE, its succeuors and assigns forever. And the said ~ MCRTGA R fw t~Q11 he7rs, executors, administrators and assigns, ixreby covenants with the said MORTGAGEE, it~ sutcessors and ~uigns, ~ t~ey a re shar - - law(ully sei~td of the said prem~ses ~q Iee simple; thst the same are free, clear snd dixharged irom all liens and encum- u - brances in Iaw or in equity, and that j1ey will and neir ~~~s shall warrant and defend the title to the same to the said MORTGAGEE, its svccessors and assigns, forever against the lawf~l claims and demands of all persons; : PROVIDED, ALWAYS tFwt if the MORTGAGOR shall psy unto the MORTGAGEE the pramissory rate hereinbefore described and shall truly, promptly ~ _ and fully perfwm, d~scharge, execute, complete, compty with and ab~de by each and every the stipulations, agreements, conditions and co~ienants of taid ~ ~ promissay rate and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. i ~ ' IT IS UNDERSTOOD that the word "Mortgagw" whether in the singular a plural anywhere in fhis Mo?tgage, shall be singular if one only and shall be plural joiMly and severally if more th~n and that the wwd "their" as usrd anywhere i~ this Mortgage shall be taken to mean "his," "hers," ' er "its;' wherever the context so implies a admit~s. Also, ~~at wherever ~here is a reference in tF~e covenants and agreements herein contained to any of ~ rhe pa~ties hereto, the same shall be construed to mean~!'well a~ the he+rs, legsl representatives, succeuas and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and sdvantages invre ~ ro the reipetlive heirs, kgal representatives, svccessws and ass•gns of the parties herefo. - And said Mortgagors, for themulves and their Fxirs, iegal rep~esentatives, successors and assigns, hereby jointly and severally covenant and agr ro and with the u~d MORTGAGEE, its sutcessors and assigns: ' ~ 1. To pay all and sing~lar the principal and interest and the vario~s and sundry sums of money p~yable by virtue of sa;d promissory note, and this mortgage, esch and every, promptly on tFx days respectivety the same severally become due. ~ 2. To psy all and sirgular the taxes, assessments, levies, liabilities, obligstions and encombwnces of every oature and kind raw on said described ~ ~ property, or that hereafter may be imposed, suffered, placed, levied, w assessed tF~ereon, o~ that hereafter may be levied w assessed upon this Mwty- ~ age, w the indebtednes: utured hereby, exh and every, when due and payable, accwdirg to I~w, befwe they betome delinqueM, and before any interes arraches w any penalty is incurred; ANU INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROHIPTIY SATISFIED AND OISCHARGED O RECORO AND iHE ORIGlf3AL OFfIC1Al DE~CUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATI$FACTION PAPER OfFIC1AtlY ENDORSE OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the evertt that any thereof is not Q pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same w any pa~t thereof without waivirg or ai(ecting any opfion, lien, eqvity or~ •~qht under or by virtue of this mortgage and the full amovnt of each and every such payment shall be immediatefy due and payable and shall bear interest0~ '.a irom the date ~hereof until paid at rate of n~ne per centum per annum and together w~th such interost •hall be secured by the lien of Ih:s morgtage. ~