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HomeMy WebLinkAbout0717 1 2'7345U ~ . A.D. 19 between THIS INDENTURE, n~,de ~i~~; ~;24th aay of January 74 James L. l.aster, Jr. and Dorothy_I.aster, his wife _ St. Lucie of County FI ida, here+nafle~ dzsgnated ss the "MORTGAGOR," end FIRST fEUERAI SAVINGS AND IOAN ASSOCIATiON OF fORT PIERCE, a corporotion wyani and existing under the laws of 1he Un~ted Statos of America and having its principa{ piace of busin~s~ in ~h~ City of For1 Pierce, St. tucia County, wida, hereinafte~ desiflnated ai ths "MORiGAGEE:' WHEREAS the MORTGAGOR is j~stly indebt to the MORTGAGEE i~ the sum of S 11i2~.~0 , good and tawiul money o( the U~~ted Statei advanced by the /~10RTGAGEE unto the M TGAGOR, as evidenced by a certam pro~nissory note of even data hrrewith, of wh~ch the following in v.~ords and fi u~es is e frus copy, towi~: . s 11,2~0.00 . ~ 10020609 Fort Pierce, Florida, January 24 19 74 fw val~e received, 1, we or either of us, prom~se to pay, without defa~car~on, to fhe order of FIRST fEDERAI SAVtNGS AnU IOAN ASSOCIATION Of fORT PIERCE at Fwf Pierce, F~orida, thr sum of S--}~~~a~~•~Q w~th interest irom date at the rete of4~~;o per annum, in monthly install- ~r.ents as fottows: S- 1OS•~ a+ ~he 2Ot'tJay of ~reh ~9?4 and a like sum on the corresponding day oF each ~nonth there- afrer until ~he whole be fully paid. • Each installment first shali be appiied in payment of the inte~est and then on the unpaid balance ot the prinupal sum. If default is made in the ~ay~nent of any installrnent when due, and suth default continues 30 days, then at the opiion of the hoide~, and without any other notice, alf the remaining ~nstallments shall be due and payable at once. Privilege is g~ven to prepay this note in whole or in pa?t at any time without penalty. Neither forebearance, nor atceptance by the holder thereof a(ter any default in any payments hereon, shall be deemed extension. A late payment charge of S-~, shall be added to each ins~allment remaining unpa~d 7 days after its due date, and a l;Me sum shall be added to each such instatlment remaining unpaid T days after each succeeding payment date. Each maker, surety and endorser he~eof, jointly ~nd severally, waives demand, presentment protest and notice of prmesl for nonpayment, and funher agrees to any eztension of tirne of payment, either before w atter maturity, without notice to any of us; and to pay atl cos!s of collection, includ:ng a reasonable attorney's fee in the evenr of any defau~t hereunder, ar.d hereby severally waives all benefit of homestead and exemptio~ under the constitulan ~ and laws of each State of the United 5tates, as aga~nst this obligation o? any extensio~ or renewal her~f_ Wimess the haod and seal of each party_ ~ s/ James L. Laster , Jr. (SfAI) + 1 ~ . , - - (SEAL) (SEAI) 16.80 s/ Dorothv Laster ts~+U ( $ ) State Revenue - ~ShfT(fj~COfRlI~' 01TO~R)iAaF~-TOI!'~ - ~ ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing pay~nent•of wid aum of = 11~00•~ end~the performance of the covenants and agreements hereinafter expressed, and (a divers good and valuabte considerations, by theu presenfs, dces grant, twrga~n, sell, ~emise, release, convey snd tonfirm unto the MORTGAGEE, iri successors and assigns, all that certain lot, piece w p~rtel of land, situate, lying, and being in ths Covnty of St . L UC 1Q and State of Flwida, deacribed es follows: Lot Block 5, HARMDNY f-EIGHTS ADDITION NO. 4, as per plat thereaf on file in Plat Book 9, Page 71, of the Public Record$ ; of St. Lucie County, FloridA, ; . ~ ~ - ~ STATE FLORI`7~'-:. ~ ; o-z DOCUMENTARY~-;;~$TAMr (i~ ~ , z~ _GEPT OF REYE!JUE ~s ' ~ N = = ..:;29•~. ~ ~ I 6. 8 0 _ ~ ~ ~ HI)2 ~'~..n~ ' ; - o € t ! ~ { ~ ~ kECEIYED s~. ~ IN PA1/MBfT OF TAXFS ~ DIIE ON CU1SS C' tNTANGIBIE PfR~1:J11?ROPER[Y. pl1pS111WT TO C11APiER 71-134. AC1S OF l9)1. y ~ ROGER POITNIS ~ C1ERK CiRI;UR OOU(iT. ST. tilC1E 00, RA s ' ~ ~ 1 ~ ~ ~ogcther with all snd singular the tenements, hereditaments and appurtanccs thereunto betonging ot in anywise appertaining thereto, and all rents, issues, proceeds and profits atuuing and to eccrue from :aid premises, alI of which are included in the above and fwegang description and habendum. ~ TO HAVE ANU TO HOLD the above desaibed and granted premises unto the said MORTGAGEE, i1s succeuon and assigns forever. And the uid ~ t~lr _ MORTGAGOR for - heirs, executors, admini~trafors and assigns, hereby covenants with the said MORTGAGEE, itt successws and aisigns, that -they are - lawfully seized of the said prem~ses in fee simple; that the same are free, clear and discharged from all liens and encum- fj thelY hein shall warrant and defend the title to th~ same to the ssid = brances in law or in equity, and that they~ M,;II and MORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dexribed and shall truly, pranptly 'r and fully perform, d+'xF~arge, e:ecute, complde, comply with and abide by each and every tfx stipulations, agreements, conditions and covenants of seid f.} p:omissory note and of this Mortgage, theo this Mwtgage and ~he Estate hereby created thall cease and be null and void. 'a IT IS UNDERSTOOD that the word "Nbrtgagor" whethe? En tix s~~gular or plursl anywhere in this Mort9age, shall be singufar if one only end z~ shall be plural jointly and severally if more than one, and that the word "theii' as used anywhere in this Mortgsge shall be taken to mean "his," "her~" or "its;' wherever the context w implies w admits. Also, that wherever there is a referente in the covenants and agreements herein contained to any of~ ~ the parties hereto, the same shall be construed to me~n as well as the heirs, legal representati~es, successws and assigns (ei~Fxr voluntary by atl of. the~ parties or involuntary by operation of the law) of the same and that the covenants herein contairud shal{ bind and the benefits and advsntages inure~. ~ ro the respective heirs, legat reprexntatives, successors and ass'gns of the parties hereto. 3 And said Mortgagors, fw themselves and their heirs, lega) representatives, successw~ and asi~gns, hereby jointly and severally covenant and syree ro and with the said MORTGAGEE, its successors and assigns: K~ 1. To psy ell and singvlar the princ~pal and interest and the various and sundry wms of money payable by virtve of said promissory note, and this ~ mortg~ge, each snd every, promptly o~ ~he days respectively the same severally become due. A, 2. To pay all and singufa? )he taxes, assessments, levies, liabilities. obligstions and encumbrances of every nature and kind now on ssid described ~ 9_5 property, w that 1~ereafter may be impoxd, wffered, placed, levied, or assessed thereon, w that hereafter may be levied or assesied vpon this Mort~- age, w the i~debtedness secured hereby, exh and every, when due +nd payable, accordiny to law, befwe they become delinquent, and before any interei~ artaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD 1HE SAME SHAIL BE PROMPiIY SATISFIED A~I~ OISCHARGEO OF ^`f RECORD AND iHE ORIGtNAI OFFICIAt DOCUME?JT ISUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC110N PAPER OFfICIAILY ENDORSED ~O~ OR CERTIFIED) SMAII BE PIACED IN THE HANDS Of SAIO MORIGAGEE WITHtN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, satsfied a~d discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, equity w .~yht under w by virtue of this mortgage and the full amount of each and every such payment shall be immcdiately due and payable and shall bea? interest +.om the date thereof until pa~d at rare of n~ne per cent~m per annvm and together w~rh such interest shall be secured by the lien of th:s morgtaye.