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HomeMy WebLinkAbout1269 - - - , 26960~~ ~P THIS IN~ENTURE, Msde~ths~23Yd d+y of Nowember A.D. 19 73 be~wean Pa ~nond E. Foreaan and ~ett A. Foreman his wife a{ St . LUC le ~~~~y flw~da, hareinafter designared as the "MORTGA FIR f INGS AND IOAN AS$pC1ATION OF FORT PIERCE, a cwporation oryanized and ex~sung unde? the laws of the U~~ted Stat• of Rfiie~ica and Mving its _~incipai place of busirass in ~h~ City of Fwt Piace, S1. lucie County, ftaida, hereinaf~er des~gnated as the "NIQRTGAGfE.° 2800~00 ~ . WHEREAS tM MORTGAGOR is juatty i~debted ro 1hs MORTGAGEE in rhe sum of s ~ . .,,qood and kwlDl'money of the Un~ted Sfates advanced by the MORiGAGEE unto the MORiGAGOR, as evidenced by a certa~n p~omiuay note of e~en ~ate herewilh, bf ~vF~ich the ioilowing i~ wwds and figures is a true copy, to-wi~: ~ s 28,000.00 ' 10020539 Fa1 Pierce, Florida, ~ovember 231 ~y 73 For valve received, we ot eithcr of us, prom;se to y, without defa!ca~ion, to the o~der of FtRST FEDERAI SAVINGS AND LOAN ASSOCIATIO~I OF :ORT PlERCE at Fwt Dieno, Fbrida, ~he sum of S 28 ~ w~~h ~merest f~om date at the rate of9 • 250,o per annum, in moMhly install- -~~e~~s as fotlows: s 240.00 _ZOLflday of ~1a reh ` 19- 74 and a like sum on the correspond~rsg day of each mon~h there- ,~fter uotil the whole be iully paid- Each installment firat shall be appiied in payment of the i~tereat and then on the unpaid balance of the p~inc:pal sum. If default is made in the t ay~nen! o! any instalimem when due, and such deiault continues ]0 days, then at the option of the holder, and without any other notice, all the remain~ng _ «~sfallments shail be due and payabie at ence. P~ivilege is given to prepay this note in whole w in part st any time without penalty. Neither forebearance, nor acceptance by the holder thereqf after any default in any payments hereon, shati be deemed exttnsian. A late paymeM charge of S- 12 shall be ~,dded ro each instaNment remain;ng unp~~d 7 days after its due da~e, aod a liie sum shall be added to ea:h such installment rcmaininq unpaid 7 days after zach succeeding payment date. Each maker, surety and endo~ur hereof, jointly and severally, wa~ves demand, presentmeM pro~est and ~otice of protett for no~payment, and furfher agrees to any eztension of time of payment, either b~fore or after maturity, witl,out not~ce to any of us; and to pay a~) costs of cotlection, includ~ng a ~easonable attorney's fee in the event oF any defautt hereunder, and hereby severally waives all benefit ol homeslead and exemption under the tonstitUlion :,~;d taws of each State of the United S~ates, as againsl this obGgation w any e~ctension a renewa! he~eof.' Witness the hand and seat of each party. ~ (SEAL) . OflC~ Foreman (SEAI) (SEAI) s/ Bet A. Fore~aan ~~i~ ~_S'42.00 ) state Revens?e te~s~wpa-cwnesited-en-aigw~al ~er~~ NOW, THEREfORE, the MOt2TGAGOR fw the purpose of securir,g payment of said wm of S 28 i~d ti a~d f~s pcr(wmance of the cc~•e~aNS and agreements hereinafter expressed, and for divers good and vatuable coosiderarions, by these p~esents, does grant, bargain, sdt, rem~se, ~_!ease, tonvey and confirm unto the MORTGAGEE, its successors a~d assigr.s, aIl that certain Im, piece u partel oi land, sit~ate, lying, and beiny in the County of St . Ll1C le and Srate of Florida, dewibed ~s follows: SU DIVISION I.ots 26 and 27, B2ock 58, SA`! I.tK'IE PlA2A~ UNIT ONE, as per plat thereof c~~`~ "~1:~ ~`~~r~c n'f C*: 1 IIh1P on tile in Y1at tsoox ~dyr _ _ _ County, Florida. _ r -T~ :~F GL..Q Mt.~: ~ 1 ~ ~TAMEN~A~? S~ ~ - ~g= YEHUE p O I oz as~ pE~l _ r.} RE t 4 Z. o = huV10'13\p_y,~,~ w ~ a ~ N D~ ~ ~ ~ _ . I S-~' IN PAYIAEI(T OF TID(ES RECEIVED OUE ON CU13S 'C' NITANG(BLE PERSOMAL PROPERIY, ~ ~ PURSUJ~NT TO CFNPIER 71•135. ACiS OF 19/l. RQ`E4 !'''~j~?~: ; E CLE:;~ CIC.CUI' C.;-;~:~, f r I S 1 ; together with all and aingular the tenements, herrditsmems and spp~rtances thereunto belaging o? in anywise appeAaining thereto, and all rents, isiues, i oroceeds and profits accruirg and to accrue from ssid premises, all of which are included in the above and fwegoirg description and habendum. E i TO HAVE AND TO HO~,D the above described and granted premises unto the said MORTGAGEE, its succeisors and auigns forever. A~d ths said ~ their ~ ti50RTGAGOR !or hein, executors, administrators and assyns, hereby covenanri with 1Me said MORTGAGEE, its successors ~nd ~uiyru, ~ the are f rhat y---- lawfulty se;zed of the said premises in fee simple; fhat the same are free, dear u?d discharged irom •II liens :nd encvm- brances in law w in equity, and that they will and the1Z heirs shall warrant and defend the titk to the same to the ssid MORTGAGEE, it: successo~s and ass+gns, forever agsinst the lawful clsims and demands of all persau; VROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prorrsissory note hereinbefote described snd shall truly, promptly and fully pertorm, dixharge, execute, complete, comply with and abide by each and every the stiputatioris, agreements, conditions and tovertants of said promissay ~ote and of this Morrgage, then thi~ Nbrfgage and rhe Estate hereby created shall cease and be null ~nd void. ~ It i5 UNDERSTOpp that tF~e word "Mortgagor" whHher in the singular w plural anywF~ere in this Mortgsge, shsll be s~ngular if one w~ly snd ; shall be plural jointly and xverally if more than o~e, and that the word "their" as ~sed anywhere in this Mortgage slull be taken fo mesn "his;' "htrs," or "its;' wFx?ever tFe context so implies w admits. Also, that wh~?eve~ these is s reference in the covenanri aed agreemeMS he~ein contained to a~y oi ~he pa.ties hereto, the ssme shall be co~strued to mean as well as the heirs, legal representatives, successws and +ssigns (eitFier voluntary by sd of the parties or involuntsry by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and sdv~ntagq inure ' ro tFie re~pective heirs, legal representatives, successws and ass~gns of the parties hereto. W ~ And said Mortga9ors, iw themselves and their heirs, legal representatives, successors and assigns, hereby jointly and xverally covenant and agree ~ +o and with the uid MORTGAGEE, its successors snd assigns: W 3 1. To pay all and iingutar the principaf and inte~est and the various and sundry sums of money payable by vi~tur of said prom~ssory note, •nd thu ~ mortgage, each and evcry, promptly on the days respectively the same severelly become due. ' 2. To pay all s~d ~iregulsr tlx taxes, assessmenti, levies, liabilitie~, ob~~gatio~s and encumkxarxes of every n~+u~e and kind now o~ said dewibed ~ property, or that heresfter may be imposed, suffe~ed, placed, kvied, or suesud thereon, w tMt heresiter may be levied or asse~sed upon lhis MorfQ- ~ ~ age, or the indebredness secvred he~eby, euh and every, wi~en dve and paysble, according to Iaw, btfore they become delinqueM, and before ~~y i~teres~ ~ attaches w any penalty is inturred; ANU INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII BE PROMPTIY SATISFIED AND DISCMARGEd OF RECORO AND THE ORIGIhAL OFfIC1At OOCUMENi (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE ~ATISFACTION PAPER OFfIC1AllY EN~ORSED a.v i OR CERTIFIED) SHAtI BE PLAtED IN THE HANDS OF $AID MORTGAGfE WITHIN TEN DAYS NfXT AfiER PAYMENT; and in the event that any ihereof is not ~ ~ pa;d, sat sfied a~d discha~ ed sa d MORTGAGfE ma at an time G~ g y y pay the same w any part thereof without waiving w affecring arty oprion, lien, equity o~ •~~ht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall ~at iMerest °~om the date thereo( until paid ar rate oF n~ne per ce~tum per annum and together w+th such interest shall be secured by th~ lien of th:s morgti~e.