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HomeMy WebLinkAbout0160 _ + w / ' z~~~~8 THIS INDENiURE. Mads ~he 14th day of Nove:nber A.D. 19_73 ~etween ~ ~ 'C`~~_ j,. _ . Josephine Langdon, a widow ~ ~,f at . ~.ucie Covny Flo.~d~, hereinafter designated as the "MORTGAGOR;' and F1RST-fEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation org~nizcd snd exis~ing unde~ the laws o( ~he Un~ted Statos of America and havi~y its pr:ncipal place of business in th~ City of Fort Pierce, St. lvcie County, florFda, he~einafter des~gnated ss the "MORiGAGEE:' WHEREAS ths MORTGAGOR ;s ~ustly Indebted to tM MORTGAGEE in the sum of S 3+~0 good a~d lewful money of the Un~ted S~ates advanced by the MORTGAGEE unto the MORiGAGOR, as eviJenced by a certam promissay note of even date herewith, oi wh~ch the foliowing in ::orda and figures ii a h~e copy, towih s_ 3,000.00 1p0~0526 Fo~t P~e.ce, Fta~da, ~ovember 14, ~q'73 For value received, 1, we o? cither of us, promise to pay, without defatcai~on, fo the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIOt+ OF i ORT p1ERCE at Fort Pierce, Fforida, the sum of S- 3~~~ w~th interest (rom date at the rate of 9~°o per annum, in momhl/ i~~:tall- ~•,z~,es as foi!ows: s_4O'~ on the 2Ot~ day of February . 19_74 and a like sum on the cw~eipo~d~ng day of ea;h monlh there- af~rr umit the whofe be tufty paid. Each insrallmenl fir~t ahall be applied in payment of the interest and than on the unpaid baiante oi 1ne prin~:pal aum. Ii ~'etau:t is m.:ac in !ha ~ ay~nent of any insta~:ment when due, and such defauit tontinues 30 days, then at the opticn of the holder, and without any other not~ce, all the remain~ng <<~srallments sha(( be dve and payabte at once. Privilege is given to prepay this ~otr in whole a i~ part at any t;me without penalty. Neither forebearance, nor acceptarxe by the hotder the~eof after any default in any payments }~ereon, shaU be deemed extension. A late payment charge oi Z 2' shall be ~dded to each instal6nent remai.^.Ing unpa~d 7 days after its due date, and a I~ke wm shatt tK added to each such installment remaining unpaid 7 days after rach succeeding payment dafe_ Each maker, surety and endorser hereof, jointty and severalty, wa~ves demand, presennnent prarest and notice of protest for nonpayment, and further agrees to any extens~on of rime of payment, either before o? after maturity, without not~ce to any of us; and to pay all costs of co;lection, includ.ng a reasonable attorney's fee in the event oI any defau~t hereunder, and hereby seve~ally waives ali benefit of homestead and exemptio~ under the tonstitution a~~d laws of each State of the Un~ted States, as agains! this obiigatio~ or any extension or renewal hereof, W~t~eis the hand a~d seal of each party. (SEAI) _ S Josephine Langdort ~SEAI) csea~~ ~ 4 • ~ ~ State Revenue (SEAL) 't5?a~?Ps'awcelle~ eR srigi~d~+ete~ NOVY, THEREFORE, the MORTGAGOR ior the purpox of securing paynent of said sum Of S 3 ~~0•~ ~ and the performance of the covenants and agreements hereinafrer exp~etsed, and for divers good and vsluable co~siderations, by these p~esenls, dces grant, bargain, sell, rem~se, re~ease, convey and tonfi~m unto the MORTGAGEE, its successors and assigns, a~l that certain lof, piece or parcel of land, situate, lying, and being in the County of $t . Lucie a~d State of Florids, described es follows: t~~;Qt 13 and the •Yorth 37. S feet of Lot 14, Block 3, °~tERPIWEATtJER PARK SUBDIVISION, as per plat thereof on file in Plat Rook 6, page 16, of the public records of St.Lucie County, rlorir~a ~ ° S''"AT ~:y `r nocuME+vTaRr FLGR?:~.u 1 o~"'~ST~`.MP :t,> ~ Z~' a£Pi.O ~tEVENUE'': - ~ ~ - ~vVp~•) ~,'~'3 _ P-o- - 3=~~_•~ ~ 0 4. 5 0 t RECEIYfD ~ U fN PAYM "Y_ ErR OF T o =~~~u2 ! WF ON CU?SS ~C' INTAkGIBIE PE~S:IN1l P"OP~~ ' . ~ PURSUANT TO CJIAPTER 11•13~. 11JiS OF 19/l.rnt . ROGER r01TRA: /r• C[E(~( CIRq11T COilRT, ~L LuL'1E 00.. ft~ rogether with all and singular !he tenemenrs, hereditamcnts and appurtance~ thereunto belonging or in anywiu appertaining thertto, and all rents, issues, proceeds end profits accruing and to attrue from said premises, all of which are included in the above snd foregang destription and habendum. TO MAVE AND TO HOtD the above descr~bed and granted premisa unto tF~e said MORTGAGEE, itt svccessors ~nd assgns fwever. And the said htORTGAGOR iw her-----_ he;rs, executws, administrators and :ssigns, Fureby covenants with the ssid MORiGAGEf, irs successors and auipm, rhat ---SnQ 15__' ~awfult seized of the said y premises in fce simple; that the same are free, clear and discharged from :I! iiens snd encun~ b.a~ces in faw or in equity, and that She w;ll and - hBr heirs shall warrant and defend the title to the same to the said YORTGAGEE, its successors and as3igns, fweve~ against the iawful ciaims and demands of all perfp~y; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE fhe promisiory note hereinbefwe dewibed snd shsll truly, promptly i and fully perform, d~scharge, execute, compfete, comply with and ab;de by each and every the stipvlationa, agreemenri, conditions and covenants of s+id 4 promisswy note and of this Mortgage, then this Nbrtgage and the Estate hereby created shall cease and be null and void. 3 IT IS UNDERSTOOD th~t the wwd "Mortgaga" whether in the singular or plural anywhere in this Mortgage, shall be singular if one only and ! shall be plural jointly and uversl~y if mwe than one, and that the wad "their" as used snywhere in this M.ortgege shaN be taken to mean "his," "heii," o~ "its," whe~ever the co~text io implies a admits. Also, that wherever there is a reference in the corenants and agreements hcrein contained to sny of ~he parties hereto, the same shall be construed to mean ss well as the heirs, kga) representatives, svccessws and sssigns (either voluntary by sct of the ~ parties or involunfary by operat"a~ of the law) of rhe same and that the covensnts herein tontained shall bind a?id the benefiti and advantsges inure ~ fo the respective heiri, iegal represenfatives, successors and su'gns of the parties hereto. And said Mort9agors, for themselves and their heirs, legsl ~epresentatives, suctessws and assigns, hercby jointly and severally tovenant a~d agree ~ to and with fhe wid MORTGAGEE, ~ts successws and assigns: ~ 1. To pay ell and singular rhe principal and interest and ?be various and sundry sums of money payable by virtve of said promissory note, and thif mortgage, each and every, promptly on the days respectively the same severally become doe. ~ Y. To pay afl and •ingular the taxes, ssseuments, levies, liabilities, obligstions and enc~mbrantes of every nature and kind now o~ ssid described ~ property, q that hereatter may be imposed, suifered, pfKed, levied, u asses~ed thereon, or fF~at be~tafter may be Itvied p isxssed ~pon ihis ~ age, a the indebtedrxss secured hereby, each and every, when d~e and paysble, accwding to ~aw, before they become delinquent, ~nd before ~ny intMe ~ afraches or any pe~alty is incu~red; AND INSOFAR AS ANY THEREOf I$ OF RKORD THE SAME SMALL BE PROMPitY SATISFIfO AND DI$~HARGED OF ~d RECORO AND THE ORIGIfr'AL OfFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSE~ O°~ OR ~ERTIf1ED) SHAII BE VIACED IN TNE HA(VDS OF SAID MORTGAGfE WITHIN 1EN DAYS NEXT AF7ER PAYMENT; and in the eve~t that any t!~ereof is rwt pa~d, sat"sfied and discharged sa:d MORiGAGEE may at any t~me pay ehe same or any part thereof w;Ihout waiving or alfetting any option, lien, equity or •~~ht under or by virtue of this mortgage and fhe full amount of each and eve~y such payment shall be immediately dve and payable and shall bear interest • ~.om ti~e date ~hereof until paid at rate of n~ne per cenrum pe~ annum and toge~Fer w~th s~ch ±nterest shatl be secured by the tien of th's morytage.