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HomeMy WebLinkAbout2828 4 ~ •~T . . 2'70'742 ~ . n; . t _ . , , THIS INDlNiURE, Made the lat~ day of ~C@~LbeY A.D. 19_Z~... baeweee ~ i Duane I.. Hal l, a single adult ; ~i St. Lucie CW~~y Florid+, hereinaiter dcagnated as the "MOQTGAGOR;' aod FIRST FEDERAL SAVINGS AND [OAN ~ ASSOCIATION OF FORT PIERCE. ~ cwporatia? wy~nized ~nd existiny undeK Iha l~ws of tht !lnittd Sfatas of Ameriu •nd haviny in princiFal place of business in tM tiy of Fort Pisrce, St. lucie County, Florida, hereinafter designat~d as tF?~ "MORiGAGEE." WHEREAS the MORTGAGOR is jvitly indebted to 1M MORTGAGEE •in the sum of :20~4~•~0 good and lawiul monay of tF~e Un~ted i Sfates advancad by tM MORIGAGEE uoto the MORTGAGOR, as evidencrd by a certa~n promis,wy note of eren da~e he~ewitb, of wh~ch the foilowiny in wwds a~d /ipwea ~f a irw copY, to-wt~: ~20L400.00 ~ 10020576 fat Pierce, Flaida, DQCember 14 19 73 E For value recerved, 1, we,ot either of us, promise to pay, without defalcation, to tFu order of fIRST fE~ERAI SAVINGS APiD LOAN ASSOCIATlON OF FORT PIERCE at fpt Pierce, Florida, the sum of : 2O L4~' ~ with :nterest from date a1 tke r~te of 9' S°o per annum, in monthly instafl- ~~r~~s u followi: t 241' on the 2~th day of J~~X~" 19 7'4 and e like sum on the correspond~ng day of each month there- airer vnti! the whole be fully paid. Eath installment first shall be applied in payment of the interesl and then on the unpaid bala~ce of the principal sum. If default is made in the ~,ayment of any installment whe~ due, and such default continues 30 days, then at the option of the hotder, and without any othe? nof;ce, all the remain~ng i~~staNments shall be dve and payable at once. Privilege is given to prepay this note in whole w in part at any time without penalty. Neither faebearance, ~o~ acceptance by the bolder ~hereof afrer any default in any payments hereon, ahall be deemed extertsion. A late payment charge of S 9• 55 shall be added to each +nstaliment remaining unpa~d 7 days after its due date, and a Iike sum ahall be added to each such instaifinent remaining vnpaid 7.days after ' each tt~cceeding payment date. Each make~, surety and endorser hereof, jointly and severally, wa~ves demand, presentmenl p~olest and not~e of protest fw nonpayment, and further agrees lo any eztension of time of payment, eitfier before or aftcr maturity, wi~hout not~ce to any of us; artd to pay alI costs of cottection, including a reasonable attorney's fee in the event of any defau~t hereunder, and hereby severaliy waires all 6e~efit of homestead and exemption under the co~stitul"an a~~d laws o4 each State of the United States, as against this obligation p any extension or renewal hereof. Witness Ihe hand and seal of each party. (SEAU s/Duane L. Ball, a sinc~le adui~A~~ (SEAL) $3~.60 ) State Revenue '~51~Tpltal7!!1!!t1` OI'Parig iR3? 71dl~ . NOVV, THEREFORE, the MORTGAGOR fa tFe purpose of secu~ing payment of said sum of S 2O ~400' ~ and the pe?formance of fhe covenants and agreementa he~einafter expressed, and for divers good and valuable considerations, by these presents, dces grant, bargain, sell, rem~se, release, convey and conf~rm unto the MORTGAGEE, its successors and assigns, alt that certain lot, piece or parcei of land, :ituate, lying, and being in the County of $t. i.UCle , and State of Ftorida, described ~s folfows: Lot 2, Block 125, LAKEWOOD PARK UNIT #110, according to the Plat thereof recorded in Plat Book 11, Pages 29A, 298, 29C and 29DJ 1 ~R~~ r.~x 1 ~ ~~'St~M.'-- _ ~ . R,~ ~ : ~ ~ ~ oo AM NEN 3 0• 6~ . pz c' 3EP ~lp~~,i•i~~R~. ~ ~ ~ i~`-. N ~ \t 02 ~1Gr~v - - ":1~ OF lAXES o R~CEI!'ED , c-.;r~ , ~+fiOPERIY. . U:;L Ctt CLASS'~' ~ iE? 71 {!~~ACTSrOf ly)L ~ PUR3UANT TO CMAP l~ ; It06E4 Pf?IjP,AS ~ CLfRI( CIRCUIT COUNT, ti. LUCIf ~ ~ together with all and singutar the tenements, hereditaments and appvrtances thereunto belo~ging w in anywise appertaining thereto, and alt rents, iss~es, proceeds snd profits atcruing and to acaue fiom said premius, all of which are included in the above and foregang desc~Ipiion snd habendum. ; TO HAVE AND TO HQID the above desvibed and granted premises unfo the said MORTGAGEE, its iucc+essors and assigns forever. And the said theiz ~ MORTGAG~O R for hein, executors, administraton and assigns, hcreby covenams with the s~id MORTGAGEE, iti successors snd usigns, ` ihat - t[ley dZQ lawfully seized of tlx said prcm;ses in fee simple; that the same sre free, clc~r and discharged itom ~II liens and encurr~ F brances in law or in equity, and that they ,N~~~ a~ their heirs shall warrant and defend the title to the ssme to the ssid MORTGAGEE, its successors and auigns, forever against the lawful claims and demsnds of sl) persons; PROVIDED, ALWAYS thai if the MORTGAGOR shall pay unto the MORTGAGEE the promistory rate htreinbefore described snd fhsll truly, promptly and fulty perform, discharge, execute, complete, comply with and ab~de by each and every the stipvlaians, sgreements, conditions and cove~sntt of ssid : promissory ~ote and of this Mwtgsge, then this Mwtgage and the Estate hereby created shall cease and be null and void. ' IT IS UNOERSTOOD that the word "Mortgagor" wlxther i~ the s~ngular w plural snywhere in this Mortgsge, shail be sirgular if one only and ~ shatl be piural jointly and severelty if more than one, and that the word "their" as used a~ywhere in this Mortgage shall be taken to mean "his," "hera;' or "its;' wherever the context w implies w admits. Also, that wficrever the?e is a refere~ce in ihe covenants snd agreementt he~ein contained to any of rhe parties hereto, the same shall be co~strued to mesn as wel( sa the heirs, tege! representatives, successo?s and suigru (e~ther volunrary by ~ct of the parties o? involuntary by operation of the law) of the same and that the covenants F?erein tontai~ed shall bind and tFve benefits and ~dvantsg~s inure ±o the respective heirs, legsl representatives, succeuors and ass~gns of the psAiea hereto. And wid lNortgagors, fa themselves and their heirs, lega( ?epresentatives, successors ~nd assigns, hereby jointly and severally covenant snd sQree ro end with the said MDRTGAGEE, ;ts successws snd assigns: 1. To psy a11 and iingulsr the principal and intere~t and the variovs snd sundry sums of mo~ey p~yable by virtue of said promissory note, and this ~ mortgage, each snd every, promptly on the days respectively the same severally become due. ; 2. To psy all and singulsr the tsxes, as~essments, levies, liabilities, obiigations and encumbnnces of every na?u~e and kind now on s~~d dewibed property, or that he?eafte~ msy be impoted, suffered, placed, levied, or suessed thereon, or 1F?~t heresfier may be levied or ~ssessed upon this Morty- } sge, w the indebtedneu ucured hereby, exh snd every, when due and psyable, ~ccuding to Iaw, befwe they become de(i~quent, and before any interesr attaches or any penalty is incurred; AND INSOFAR AS AMY 1HEREOF IS Of RKORD THE SAME SHAIt BE PROMPTLY SATISFIEU AND DISCHARGEU OF : RFCORO AND THE ORIGINAI OFfIC1Al OQCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SAT{SFACTION PAPER OFFICIALIY fNDORSED ; OR CERTIFIED) SHALL BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHtN TEN OAYS NEXT AfTER PAYMENT; and in fhe evsnt that any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the aame or any part thereof without waiving w affetting any option, lien, equity o~ •~aht under or by virtue of this mortgage and the fv1l amou~t of esch and every such payment shall be immediately due and payabte and shstl bear intertst s~om the date thereof until paid at ro/e of n~ne pe~ centum per annum and toqetber wilh suc i er be sec b he lien of th:s morptaye, 300X AarE~iG~ K . . _ . . ~ , . . ~ ~