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HomeMy WebLinkAbout2660 z~QS~3 ~ . THIS INDENTURE, Mac1~ the 13~h d~y of _ ~ gce~ber A.p. 19__z_~_., between ar n oger o, s j of S~. LuGie ~~p~„~y Flaid+, hereinaffer designa~ed ai ~he "MORTGAGOR;' •nd FIRST FE~ERAL S~+VINGS AND LOAN t ASSOCIATION OF FORT PIERCE. • cwpaation uqanized and exisrinp under ~M lawn of tM United Ststqs of Ame+ica and Mvinp its pri~cipai piace of ; bvun~ss in ths City of fwl Pi~rc~, St. lucis Couny, Fb?ida, he~einaf~~~ desi9nared u tFw "MOltTGAGEE." WHERfAS fhe MORTGAGOlt is ivstly inJebted to the MORTGAGEE in ths wm of s 36 ~Q~ , good and lawiul money of the Un~tcd States advanced by ths MORiGAGEE unto the MORTGAGOR, as evide~ued by ~ certain promiuory rate of eve~ date herewith, of wh~ch the foilowin~ in ( wwds anc! figures is a f~~e copy. to-wil: i 3b O(J~.00 ~ 10020572 7 n~ ~ : ~ • ~ ' : t - Dece~nbe r 13 73 . Fwt Pierc~, florida, 19 For value received, 1, we w either of us, prom~se to pay, wi~hout defatcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIERCE at Fpt Pierce, Fb~ida, the sum of 36.~0.~ w;th interest from date at the rate of 4.1~Q9'o per annvm, in monthiy install- rnero~ ~s tol:ows: s 315. ~ 2~t}~ ~Y of Janvar.y_____~ ~q 7 4 ~ ~~ke sum on the cwrespond~ng da~ of aach month ~here- after until the whole be fully paid. Each instal(ment first shall be appl~ed in paymenf of tha interest and then on the unpaid balsnce of the princ;pa) sum_ tf default is made in the payment of any installment when due, and such defaulr continues 30 days, then al the oplion of the holder, snd without any othcK notice, all ti.e remaini~g ~nstallmenls shall be due and payable at once. Privilege is given to prepay this note in whote w i~ psrt at any t~me without penalty. Neifhe? forcbearance, nw acceptante by the holder thereof after any defau(t in any payments hereon, shall be deemed extens~on. A I~te paymeM charge ol S 1 S•~ shall be added fo each ina?allment remainiog unpaid 7 days after in dve date, and a like sum ahall be added to each such instat{ment rcrosining unpaid 7 days aiter each succeeding payment date. Each maker, surety and endorse~ he~eof, jointly and xeverally, waives demand, p~runtmen? protest and ralice of protest for npnpayment, and further agreea to any extensan of rime of payment, either be(ore w after mawrity, w~~hout notice to any of us; and to pay all costs of collenion, ;rxlud:ng a ~easonable attornry's fee in the event of any defau~t hereunder, and hereby severaliy waivcs all benefit oi homestead and e:emplion under the consf+fution and Isws of each Stare of ine United Ststes, a~ against this obligalian or any rxtension w ~eaewal Fkreof, • Wit~ss the hand and xa! of each parry. s/ Marlin Ro~Qr CeQk, a sin~~ adul t~s~~~ cs~+u ( ~ 54.~ ) State Revenue iSFAI) S~n+p'i~+ce"He~F oR=or Tg iea~ ~e3 NOW, TfiEREFpRE, the MORTGAGOR fw the purpose of secu?ing payment of said sum of S 36,000.~ , and the perfwmance of the covenants and agreements hereinafter expreased, and fw d+vers good arrd valuable ta+sidera!ions, by theu presents, dces grant, bargain, selt, rem~se, release, convey and confirm unto tht MORTGAGEE, its svccessori and auigns, aIf that certain lot, piece or parcel of land, situate, lying, and bei.~g in the County of S t~ I_tr_ i p , and State of Fbrida, deacribed ~s follows: t.nt 3; Rlock 5; ORANGE BLOSSOM ESTATES, Second Addition, as per per plat thereof on f ile in Plat •Book 14, Page 2, Public Records ~ of St. Lucie County, Florida, t ~ ~ T ~F FLOR~~p,t 7~~ - . E ~ sT A~ T n' ! iN w?n~~r o~ t,uaa OO MEhITARY~~v , 1 ReCEIVFD p~c~ER1Y. oEPt aj R~ v E n u E v O t DUE ON CIJ~SS 'C tHi11NGI81E PER90• . C= " S~ pUgs{W1T TO CNl1PTER 1 1• 1 3 4. A C i S O f l y~i. ~[U ? ~ ~ _ ~ ~3'1~ • " , tt06ER PO1TR1lS N~ P.o.'- `~L..~' RT. ST. Lt~IE 00., flA = ~s~ei (~RR CIRCUIT OOU . Q . together with alt snd si~gutar the tenemen~s, hereditameMS and appurtances tl~ereunto belonging or in anywise ~ppertsining therero, ~nd sU rents, iuues, proceeds and profits a=uuing and to sccrve from asid premises, all of which are included in the above ard faegoing detcripYw~ ~nd habendwn_ - TO NAVE AND TO HOlO the above dewibed snd granted premises umo the said MORTGAGEE, its successors and assig~ forever. And fhe ~aid MORTGAGOR fw hl S----- heirs, eaetuton, sdministrsrors and auigns, htreby toven~nts witb ths said AAORTGAGEE, its successors ard sui~m, rhat -he 1~- Iawfuliy u~zed of the said prem;ses i~ fee simple; th~t the ssme are iree, cldr ~nd ~scharged from aU licns and encuro- brances in law or in equity, and that he witl and t12~i hein shall war~ant tnd defend t}x title to the ssme to the said MORiGAGEE, iri successors snd auigns, (wever against the lawful claims and demands of all perwro; PROVIDED, ALWAYS th~t if the MdRTGAGOR shall psy unto ti+e MORTGAGEE the promissory note hereinbefore described and shsll truly, promptly and fully pe?fum, d~xF~arge, execute, compkte, comply with and ~67de by euh and every the stipulations, syreements, cw~ditions and covenants of wid promissory rwte and of tbis Mortgage, then this Mwtgage s+x! the Estate hcreby aested shall cease snd be null and wid. IT IS UNDERSTOOD that the word "Mortgsgor" whether in the s~ngular or plural snywhere in this Mortgsge, shall be singular if one only ~nd shalf be plural joinHy ~od severally if more than one, and that the word "~heir" as osed +nywhere in tbis Matgsge shail be bken to mem "hi~," "hen; ' or "its," wherever fht contexl io implets o~ sdmifs_ Alw, tF»t wherever there is • refercnce in the coven+nri end ~greemenb herein contained to any oi rhe psrties hereto, the same shall be cw?strved to mean ss well as the heirs, legal reprcsentatives, wccesson and assigns (ei~her volunury by ut of the parties a involuntary by operation of the law) of the ssme snd thar the covena~fs he?eirt contained shsN bind and the benefits and adwnbgp inura to the respective hein, leg+l rep?esentatives, successors and au~g~s of the psniea hereto. And s~id Mortgsgors, fw themselves ~nd their heirs, ~egal representatives, successors snd sisigns, hereby jd~tly and severally coven~nt snd aqree to and with the said MORTGAGEE, irt svccessws and assigrn: 1. To pay al) and singulsr ~he principal and interest and the variovs and wndry ~ums of rno~ey payible by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively tF+e same severally become due. 2. To p~y atl and singulx the tsxes, ~ssessme~p, levies, liabilities, obligstwr?s and entvmbsoces of every naWre and kind now oe~ ~~id described i property, or that hereafter may be imposed, suffereQ, pt~ced, levied, a auessed thereon, or that 1+ereafter may be levied a assaxd ~pon this Mat9- S age, a the indebtedneu secured hereby, each and every, wF~en dve and paysbk, according to law. be(ore they becane detinqve~t, ~nd before ~ny interesl a+raches or any penalty is incurred; AND tNSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHAtI 8E PROMPiIY SATISFIED AYO DISCHARGED OF RECORD ANO THE ORIGlNAI OFFJCIAI DOCUMENI lSUCH AS. FOR tN51ANCE, THE TAX RECEIPI OR THE SATISfACTtON PAPER OFFICIAtIY ENDORSED OR CERTIFIEDj SMAII BE PlACEO IN THE HANDS OF SAlD MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not , paid, satsfied and distharged sa:d MORTGAGEE msy st any rime pay the ssme w sny part thereof withovf waiving or.affetting any option, lien, equity or •iqht under a by virtue of this mortgage and the f~ll amounf of each and every such payment shall be immediately due and payabk snd shall besr interest <<om the date thereoi until paid at rate oI n~ne pei cenrum per annum and together with tuch int e s uretl of th:~ morqtaye. eo r~~`~Pncf~~J~