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HomeMy WebLinkAbout0117 , 2~~9~6 ~ ~ ~ . . . ~ . THIS INDENIURF, Med~ /M ldth ~~y pf D her . A.D. 19-7~ - belweo~ Roy_A~rtie Pe , . , . . • ~ of - St . L. L1C ~8 Cp~nty Flwid+, hereinafter detgnated q tM '"MORTGAGOR."' - and FIRST FEDERAI SAVINGS AND LOAN ASSOCIAiION OF FORT PIERCE, a corpwa~ion orqanised and exiatiny under ths kws of 1M United SNtq of M+~rica ~nd Mviny its principal plue of bu~irwtu in tlw City of Fwt Pi~rts, St. luci~ County, florid~, he~ein~fta desiyna~ed as tia "MORTGAGEE." WNEREAS tFw MORTGAGOR is jvstly Indebled to tM MORTGAGEE i~ the sum of S~2' ~ good and Iswfut money ot the Un;ttd • S~at~s advanced by the MORTGAGfE unto the MORTGAGOR, as evide~~ced by a ce~ta;n piomissory not~ ot evo~ date herew~th, of wh~th ~hs followiny in wwds and iigury is a true topY, towif: ' ~ 22 ~000 .00 . 10020574 Fon Pie.c., flo.ida, December ld ~y?~_ Fa value received, 1, we w either of ~s, prom~aa fo pay, wiihout dafalcat~on, to the o~der of fIRST PEDERAL SAVINGS AND LOAN ASS~JCIAiION OF FORT PIERCE at Fort Pierce, Flqrida, the s~m of s_~c~~Q~_a,~,- with interesr from date al the rate of 4...2~'. p~r anr.v+~, ~a+lhly irutall- ments as foltows: = l~..a~~ on the ~+y of ~rCh . 19~4 and a Gke svm oe the carespano~nq day ot each month therr afte~ until the whota be fully paid. , Each installmcnt first shall be apptied in payment of tha interest and then on the unpaid balante of the princ~pal sum. If defautt is msde in fhe payment of a~y installment whe~ due, aod svch default continues 30 days, then at the option of the holdtr, and without any other notice, atl the remaining ;nsta!lments shall be due and payable at once. Privilege is 9ive~ to prepay this note in whole or in part af a~y fime without penalty. Neither fwebearance, nor scceptance by the holda thereof after any defsult in any payH?ents hereo~, shall be deemed exte~nsion. A late payment charge of S-~~~. shst~ be added to each ins~allment remaining ~npaid 7 days afte~ its due date, and a like sum shafl be added to each such instaliment remaining unpaid 7 days after each succeeding paymertf date. Fach maker, surety a~ endorser hereof, jointly and severally, waives demand, preuntment protest and notice of protest fo? ~onpayment, and further agrea to any extension of time of paymeot, either before or after maturity, witF~out not~ce to any of us; and to pay al! costs of collection, inctuding a reasonable attorney's fee in the event of any defau;t hereunder, and hertby severally waives all benefit of homestead and exe~nption under the constit~tion and lavin of each State of the United Statea, as_against this ob~igation a any extensio~ or renewal he~eof. Witncss tl+e hand and scal of each party. _ S/ Roy Artie Perrv North, «AW a single adult ~ ~,u (senU S 33 00 ( • ) State Revcnue (~~iei111a~ !1t arOisr! sdal N01N, THEREfORE, the MORTGAGOR fw the purpose of set~ring payment of said sum of s 22 ~~0 , and the performs~ce of tM covenann and ag~eements hereinafter expressed, and fw divers good and vsluable considerations, by Naese presents, does grant, barpain, seti, rernise, retease, tonvay and tonfirm unto the MORiGAGEE, iri succeuors and suigns, alt that certain lot, piece p puce! of Isnd, situate, lying, and beirg in the County of • St . L l7C ~e and State of Flwida, de~uibsd ~s follows: Lot 14, Block 126, PORT ST LLCIE, SECTION 27, as per plat thereof , on file in Plat Book 14, page 5, of the public records of St. Lucie County, Flor ida., ~ ~ - i - , ~F ~-a. ~S~a M~~ A ~1 ~i 'I ~t~ I 1 f ~ ` ~ ; a. ~ ppcvM p Nu ~ 3 3. 0~ ; ~ z. z ~ ~ G'~ ' °-EP = a~~~o ~s~ ~ ~,,.F ~ ~ r € ~ P& - ; .fr' N r 111D2 . ~ p ' ~ ?N Q~rMEri~ ~ tNC~S f + IW.E PiiO~~L't' ' ~ p~C1A~ ~ ~~j1-13~1. ~ l~s ~ 1971. ~ ~usw~ j0 ~'"~~~t ao. ~ ~ ~ together with all and aingular the teneme~ts, hereditaments snd appurtances thereunto bebnginp p in anywise sppertsinir+g thereto, and sN ~ents, iuues, proceeds ~nd profits scauing and ta acaue from said premises, all of which ue i~tlueled in the ibove ~nd fore9i?ing description snd haberdum. - TO NAVE AND TO NOCD the above described and g~anted pr~m;ses unto the said MURTGAGEE, its svccessors u~d auigra fwever. Md th~ said ' MORTGAGOR fw ----hls---- heirs, exetutars, administraton and assig~s, hereby tovtna~ts with the said MORTGAGEE, iri strcceuors snd ~ui9ns, ~ that h~ lawfully seixed of the said premises in fee simple; that the same an free, ckar end dischs~ged from all 1'ie~s +nd ancurtr ~ brantd in law w in equity, and that he will ar+d hl-r+ hein shall warr~M a~d defend the title to the same to ths safd ~ MORTGAGEE, its succeasors snd auigns, faever against the lawf~l cls"uns and demands of atl persons; _ PROVIDED, ALWAYS that if the MORTGAGOR shatt p~y uMO the MORTGAGEf the promiaso?y tate F~ersinbefore destribed ~nd shall truly, promptly and fully perform, dixha?ge, execute, compkte, comply with and abide by each a~d every the stipulations, agreements, conditiora and covenann of said ` promissory ~ote and of this Mwtgage, then this Morigage and the Estate hereby ve~ted shati te~s~ and be nu0 and v~oid. IT IS UNDERSTOOD thst the wad °Mortgagor" whelher in the singutar w plural snywhere in this Mortgage, shaU be iinyvlar if one only ~~d ~ shall be plura! jointly and xverally if more than one, and that ehe word "their" as used anywhere in thia Mortgage shall be tske~ to mesn "his;"'hen;' a"its,° wherever the context w implies or sdmits. Alw, thst wherever there is s reference in the covenants ar?d sgreemenq herein oontained to any of the parties hercto, the same shslt be consrrued to mean a~ wetl es the he;n, legsl r~presentatives, ivcceuon and ~uigru (either volumary by ~ct of the ~ parties w involuMary by opention of the I~w) of the same a~d that the covenants Ixrein co~tained ahall bind ~nd the benefits and advantages i~ure to the respective heirs, legal reprexmatives, successon and ass~gns of tF~e parties hereto. ~ s And said Mortgagors, fa themutves ~nd their hein, legal representatives, ~ucteuors and assiyns, hereby jointly snd sever~lly covenant and ~gree to and with the said MORTGAGEE, its successors and assigns: ~ 1. To psy all snd singular the principal and iMerest snd the vario~s and sundry wms of money payable by virtve of said promiuory note, and this mortg~ye, each and every, promptly on the dsys respectivety the same severaNy become due. ~ 2. To psy all ir+d sirguln the taxa, atsessmenn, tevies, liabilit+es, obliqations and encumbr~ntes of every natwe and kind now on aid desuibed property, or that hereaiter msy be imposed, suffered, plxed, levicd, or auessed thereon, w that hereaftet may be levied a ~ssessed ~pon this Mort9- age, or ths i~debted~eu setured hereby, each and svery, when due and psyable, a~ccadi~y to (aw, befwe they become delirpuertt, and before any Interest ~ a»aches w aoy penalry is incvrred; AND lNSOFAR AS ANY THEREOf IS OP RKORD iHE SAME SHAII BE PROMPTLY SATISFIED AND UISCHARGED OF ' RECORD ANO THE ORIGINAI GFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OPftCiALtY ENDORS~D ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHlN TEN DAYS NfXT AFiER PAYMENT; and in the event that any thereot is oot _ paid, ssYsfied and discha~ged sa:d MORTGAGEE may at any time pay the same w any par? thereof without waiving or affecting sny option, lien, eq~ity u ' •iqht u~der or by virtue of this mortgage and the full amount of each and every svch paymeM shall be immediately due and psyable and shall besr interest i ~rom the date ?hereof until paid a! rate of n;ne pcr centurpi~ ~ppy~~ ~~~her~w~,~Ch interett sh~ll be secured by the lien of th:s motyta9e. s il .~~J ~ ~ a00N _ - . _b.n_, . = . t