HomeMy WebLinkAbout1378 ;~'73828 . • • ~ • . ~ , ~ ~ ~ ~
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TMIS INDENTURE. Madt the 1SL day of ~bYUaYy A.D. 19?4 be?wsen
Ray Arlan Vickers~ a sinale adult
of St• ~'uCi@ COUnty Fiorida, h~~ei~after dasigna~ed ss the "MORTGAGOR," and FIRST fE~ERAI SAVINGS AND LOAN
ASSOCIATION OF FORi PIERCE. • corporarion orya~ized and exiitin~ unde. ~hs law~ of tM United Sut~~ of Ma~ica aod havinp in p+incipal pl~ct of
bvsineu in tM City of fort Pisru, St. Lucie Covnty, Florida, hersinaf~~r desi9na~ed si tF~t "MORTGAGEE."
WFiEREAS th~ MORiGAGOR is juatly ind~blad ro tfie MORTGAGEE in the sum of = 28 s 3~ ~ , good and lawful money oi the Un~ted
States advanced by tAe MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of eve~ date herew~~h, of wh~ch the iollow~rq in
words and /i urss it a true mpy, towit:
s 28,300.00 ~ 10020619
fwt Pieres. F~«~a,. FebruaYy 1 19 ~4 ,
Fw value receivtd, 1, wr or either of us, p~omise to pay, without deFalcation, to the order of FIRST iEDERAL SAVIN(G~S AND LOAN ASSOC~ATION OF
FOR~ PIERCE a~ fort P~rce, fb~ida, the sum of j 28 ~ 3~0. w;~h inrerest from date at the ~ate of 9' S'9'o per annum, in morohly insfalb
~nents as follows: i_264 2Oth day of ~~Ch . 19 74 ar.d a like sum on the caresponJ~ng day of each month therr
~iter untit the whole be fulty paid.
Each installment firs? shall be app~~ed in paYment of ?he interest and +hrn on the unpaid balance of the pri~c~pal sum. If default is made in the
payment of any install~xnt when due, and such default continues 30 days, then at the option ot the holder, and wi~hou~ any other nQtice, all the remaining
~nstallments shall be due and payable at o,xe. Privilege ia given to p?epay this note in whok w in parf at any time without penalry. Neither fwebearance,
nor acceptance by the holder thereof after any default in any paymenh hereon, shall be deemed extension. A late payment charge of L 13.20 shall be
added to each ina~allment remaining u~pa~d 7 days after its dua date, and a I~ke sum shall be ad~ed to each such insta{Iment remaining unpaid 7 days after
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives dema~d, presentment protest and ~otice of protest for reonpayn+ent, and furthe~
agreea to any extena~on of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ:ng a
reasonab{e attorney's fee in the event of any default hereunder, and hercby severally waives all benefit of homestead and exemption under 1he cortstitution
and laws of each S~ate of the United States, as against this obligation w a~y extension w renewsl hereof.
Witness the hand and seal of each party.
s/Ray Arlan Vickers. a sinqle ~~lt
_ (SEAL)
' (SEAI)
.
$42.45 t ~U
( ) State Revtnue •
!~tl~#~!lJI~l61l~l~d4l~II~1~
NOW, THEREFORE, the MORiGAGOR for the purpose of securing psyment of ~sid sum of S 28 ~ 30~• ~ and the pe~fwmance of the
corenants a~d agrnements hereinafter expressed, a~d fw divers good ard valuabte considerations, by these p?esents, does grant, bargain, sell, remist,
release, convey and,confirm unto the MORTGAGEE, its succe:sors and auigns, a~l that certain lot, piece or p+rcel of Iand, situate, lying, and being i~ the
County of $t . Lucie and State of Florida, dewibed as fdlows:
Lots 10 and il, Block 68, LAKSWOOD PARK UNIT 6, as per plat thereof on file
in Plat Book 11, Page 7, of the Public Records of St. Lucie County, Florida,
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~ ;r ~ STAT E~ F F L J R 1 D~~ ~ a~ ~!o- G~ ~N w?n~eR~~r.
= DOCUMENTARY ;;~,5 TA M P T A X ~ ~~~'C INTANGIBtE p~
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~ `~'j DEP:. G? i?EVE:~IU'_ ~ ~ ~ ~~j TO 6HAPiER 71-1
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TS OF ~~c,
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Y together witl~ all and singular the tenements, hereditaments and appunsrtces thcrcunto belongirg or in anywiu appertainir?g tt~ereto, +nd dl rents, iuues,
prxeeds snd profits atuuing snd to accrue from said premius, all of which ~re included in the sbove and fotegoing deuription and hsbendum_
nz
~ TO HAVE AND TQ HOID the above desv~bed and gnnted premises unto the said MORTGAGEE, its s~?ccesson and asigns forevd. And tln said
~ MORTGA R fQr h1S he~~s, ezecutors, administrators snd assigns, hereby covenanri with the s~id MORTGAGEE, its svccesson and auipm.
~ rhat e
lS lawfully seized of the said premises in fee simple; that fhe same are free, ckar snd dixhsrged from all liens and e~cum-
- brances in law or in equity, and that he w~~~ a~ ~11S heirs shsll warra~t and defend the tiele fo the same to the s+id
MORTGAGEE, its successors and assigm, forever against the lawful claims and demands of all persons;
:3 PROVIDED, AlWAYS that if the MORTGAGOR shall pay uoto the MORTGAGEE the promissory rate hereinbefue described and shall truly, promptly
and fully pe?form, discharge, execute, comptete, comply with and abide by each and everyr the stipubtions, +greements, conditions and corenants oT said
_ promi~sory note and of this Mortgsge, then this Mortgage and the Estate hereby created thall ce+se snd be nvll and void.
IT IS UNDERSTOOD thst the wwd "Mortgagw" whether in the singular or plural snywhere in th~s Mwtgage, sMll be singula? if one only and
shall be piural jointly and severally if more than one, and that the wwd "their" ss used ~nywfiere in this Mo?tgage thall be tsken to mesn "his;' "hen,"
- or "its,° wherever the contex~ ao implies w admi*s. Also, that whercver there is a reference in the covenan» and sgreemenb herein contained to any of
rhr psrties hercto, the ssme sFwll be construed to mean as well as the 1?eirs, legal representstives, successon and auigr+s (eithe~ voluntary by act of tht ~
?y parties or involuntary by opcration of tt+e bw) of the same and that the cove~ants herein contained shall bind •nd ~he benef~n and advantagts inun ~ r
to tlx reipedive heirs, legst representatives, successors and au'gns of the psrriei hereto. ~
And said Mortgagors, for themselves and their hein, legal reprexntatives, s~ccessors and assigns, hereby ~ointly and severally covenam and ayree ~
=~i ro and with the taid MORTGAGEE, its suaessors and auigns:
- 1. To pay alI and singular the principsl and interest and the variovs ~nd sundry sums of money pay~ble by virtue of said promissory note, srid this
mortgage, each and every, p~anptl~ o~ the dayi respectively the same severally become due.
2. To psy ~11 and singular the taxes, asseumenn, levies, lisbiliries, oblgarions +nd erxumManca of every nature and kind now on ~aid described
~ property, ot thst hereafter may be imposed, iuffered, pl~ced. levied, or sssessed thereon, or that hereafter may be kvied w sssessed ~pw~ t is ¢
_ age, a the indebted~ess secured hereby, each and every, when due and payable. +ccordinp to law, befae they become detinqucnt, ~~+d befa~ ~~r interat
at?athes o~ any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND OISCHARGE~ OF
RECORD AND THE ORIGINAL OfFIC1Al DOCUMEIVT (SU~H A5, FOR INSTANCE, iNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tl~e event that any the~eof is no~
~s paid, satsfied and discharged sa:d MORTGAGEE may at any time psy the same w sny part thereof without ws7ving u affecting ~ny option. lien, eq~iry w
~;pht under w by virtue of ~his mortgage and the full amount of each and every such psyment shall be immediately dve and paysble and sha~l bear interes~
:=i ~rom the date thereof untif pa~d at rote of nlne per centum per annum ~ne together w~rh such interest sMll be secured by the lirn of th:s morytaye.