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HomeMy WebLinkAbout2121 2~oz3s ~ j THIS INDENTURE, lNad~ the ` yth day of ~C@[Rb@Y ~ r~ ~p ~~~i~;~~ Anorv Swepston Coffey and Naomi ?edder Coffey, his wife _:~.,,w of $t. Lucie ~p~nty Florida, hcre~nafte? dei~gnated ss the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND ~OAN ASSACIATION OF FORT PIERCE. • rnrpwation organized and exiiting u~de+ the taws o( ths United Stata: of /lmerica ar~d havinp its principal place of busintst in tM City of Fat P;~rce, St. lucis County, F:aida, he~einafter de+ignated ~s ths "MORiGAGEE:' ' . WHERE/lS tha MORTGAGOR it justly indebted to the MORTGAGEE in the sum of s 3, 700.00 and lawfui mon~y of the Un~ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidencrd by e cer~a~n promisswy note of even datr herewith, of wh~ch the foilowing in wo~ds and figures is a true copy, to-wit: s 3,`i GO. 00 ~ 1U020567 Fw1 Pierc~, Flwida, December 7 19 73 fw value received, I, we or either of us, prcm~se to pay, withoul defatcation, to ~he order of FIRST FEDERA~ $AVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort Piette, Florida, the aum of j_ 3•'7~• w;th inferest from date at the rate of 9• 2Sae per annwn, in monthly instatb mrnts as follows: S 43•0O on the 2~th day of Januarv ~q74 _ and a like sum on the correspard~ng dav of each month thcre- after until the whole be fully paid. Each insfal)ment lirst shall be applied in payment of the interest and then on the u~paid balance of the prinupa~ s~m. If default is m:de in the tayment of any instaliment whe~ due, and such default conlinues 30 days, then a1 the opt~on of tke hotder, and wi~hout any other notice, all the remaining ~nsta(tments shait be due and payable at once. Privilege is given fo prepay this note in whale or in part a1 any time without {nneity. Nenher forebearance, nor acceptance by rhe holder thereof af~er any defautt in any payme~ts hereon, shall be deemcd extens~on. A late payme~t cha:pa oi S? • 15 shsll be added to each installment remaining v~paid 7 deys after its due date, and s I~ke sum shall be added to each auch instaltment rema~r.i~g unpaid 7 days after each avcceeding payment date. fach maker, surety and endorser he~eoi, joinHy and severally, waives dcmand, prese~tment protest and rtotice of protest for ~wnpayntent, and iurther agrees to s~y extension of time of payment, eitf~er before or after maturity, wiihout notice to any of us; and to pay all costs of co!{ection, i~clud~ng a reasonable attorney's iee in the event of any defautt hereunder, and hereby severally waives al! benefif of homestead and exemption under the constitutan and laws of each State of the United States, as against this obligation o~ any eatension or renewal hereof. . W~tness the hand and seal of each party. (SfAtj s/Emory Swepston Coffey tsFai) (SEAL) $5. SS s/Naomi Tedder Coffey ~~,u l ~ State Revenue ~+aw~M-o~ecdl~ ~Kisiwai w~t~ NOW, 1H~REFORE, the MORTGAGOR for the purpou of securing psyment of said sum of S 3~ 700. 00 , and the pcrfwmance of the covenants and agreements bereinafter expressed, and ~a divers good and valuable conside~ations, by these presents, dces grant, ba~gain, sell, rem~se, releax, convey ared confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece or parcel of land, situate, tying, and being in the Counry of $t . LL1C12 ~ and State of Flwida, dexribed ~s fotlows: The East Half of Lots 22, 23 and 24 of Block "B" of C.A. KILLfiR'S SUBDIVISION, ~s per plat thereof on file in Plat Book 4, at Page SO, of the Public Records of St. Lucie County, Florida, S~ATE Fl_ORiD~'~ I f~- DOCUMENTQRY~,r: ~~~MQ Tt.x Z °cz ` ~EP`.Uf REVENLIEt`i~ i ° _ - ~.~~~•~s~= 0 5. 5 5 1 N _ P.B.~ '~i., ~ ~ o ~ ltid?-- ` ~ ~ IN PAYMElIT OF T11XES RfCEIVED S / ~ y DUE Ot~ CIASS 'C INTANGIBIE PE~SO:~l~l P`.:0?ERIY. - pUR3lUWT TO Ct1APTER 71-134. ACTS OF 1'J/l. , l''r ROGER POITRAS ~ ~ CL.ERI( CIRCUIT OOURT. ST. WCtE 00., Ftll ' I f t ~ i eogether witA a)I and singular the tenemcnts, hereditaments and appvrtances thereunto belonging or in anywiu appertaining therefo, and all ~ents, issues. p~oceeds snd profits accruing a~d to acuue from said premises, all of which are induded in the sbovC and foregoing description and habendum. ; TO HAVE AND TO HOID the above desuibed and granted premises unto the ssid MORTGAGEE, its successon and auigns forever. And the said their ; MORTGAGOR for heirs, executors, admin;strators and assigrts, hereby covenanls with tF~e said MORTGAGEE, its successws and auiy~», = the are ~ rhat tawfulfy se~zed oF rhe ssid prem~xs in tee simple; rhat the same are free, clear and dixharged from all lien~ and encun~ brances in taw or in equity, and that they w~~~ a~ their heirs shall warrant and defend the title to the same to the said MORiGAGEE. its sutcessors a~d auigns, fwever against the lawful claims and demands of all persons; PROVIOED, AlWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the p~omissory note hereinbefore dewibed and shall truly, promptly ` and fully perform, d~scAarge, execute, compkte, comply wi?i~ and ab~de by each arx! every the stipulstio~s, agreements, cond~tions and cove~ants of ssid ~ promiuory note +nd of ti~is Mwtgage, then this Mortgsge and the Eatate hereby created shall ce+se and be null and void. IT IS UNDERSTOOD that the word "Mortgagoi' whNher in the singular or plural anywhere in this Mwtgsge, shsll be singular if one only ~~d ! shall be plural jointty and severaily if mae Ihan one, a~d that the word "their" as vsed snywhere in tbis Mwtgage sF?sfl be taken to mesn "his;' "hers;' or "its;' wixrever the contex? so implies or admits. Also, that wherevcr there ia a refe~ence in the covena~ts ~nd sgreementt herein contained to a~y of ~he ps.ties hereto, the same shall be construed to mean as well sa the heirs, legal rep~esentatives, successan and assigns (eifhe~ volunlary by an of the~ • parries or invo?untary by operat;on of the law3 of the same and that the covena~ts herein contained shatl bind and the bcnefits and advantages inure 4.,, ro the reapective heirs, legal repreuntatives, succestors and ass'gns of the parties hereto. And said Mwtgagors, for themselves and their heirs, legal representatives, successas ar~d assigns, he~eby jointty and severslfy covenant and ayree`~ ` ro and with the said MORTGAGEf, its successors and sssigns: ~ ~ 1. To ill and si pay ngulsr tFu principal and interest and the vario~s a~d sundry wms of money payable by virtue of said promisscry note, and this ~ ~ mortgage, exh and every, promptly on the days respectively the same seve?ally become due. ? 2. To pay all and singvlar 1F~e texes, sssesiments, levies, liabilities, oWigations ~nd encumlxancei of every n~rure snd kind raw on said desuibed ~ properry, or that hereaFter may be impo~ed, iutfered, plxed, levied, a assessed thereon, ot that hereafter may be levied or ssussed upon thia AAwtp- ~ age, w the i~debtedness secured hereby, each a~d every, when due a~d payable, xcording to law, before they become delinquent, and befwe any intere~t atraches w any pe~alty ia inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE DROMPTLY SATISfIEO AND DISCHARGED OF ~ RECOR~ AND THE ORIGIhAI OFFiC1At DOCUMENT 1SUCH AS, FOR INSiANCE, iHE TAX RECEIPI OR THE SATISFACTION PAPER OFfICIAILY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN iHE MANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEX1 AfTfR ~AYMENT; and in the event thaf any thereof is not ~ pa~d, sat'slied and dixharged sa:d MORTGAGEE msy at any time pay the tame w any part thereof witFw~t wa~ving w affecting any option, lien, equi?y w : •~qht under w by virtue of this mo~tgage and the full amount of each snd every such payment shall be immediately due and payable and shall bear interest i~am the date rhereof until pa~d ar rare of n~ne per centum per annum and rogether w;th tuch inte.est shall be securet! by the lien of th's morgtage.