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HomeMy WebLinkAbout2872 . ~ 2'7483~~ THIS INDENTURE. Msd~ the lath d~y of FebYUazy ~ A.D. 19 74~ batweee~ Jaoes W. Carter and Carol A. Carter. his Nife ' of St. Lucie County Fiorld~, hereinaiter deiignated as tM "MORTGAGOR," +nd FIRST F~OE~2Al SAVINGS AND LOAN ASSOCIATION OF fORi PIER~E. a corpwatiw~ o?panized and exi:ting under rhe laws of tM United Sta~os of Ame~iu and havin9 its principal plac~ of bvuneu in tM City of Fort Pitres, St. luca County, flaida, i+ereinafteA dpignaled as tM "MQRTGOA~E:~ WHEREAS IF?~ MORTGAGOR is justly irKlabted to tM MORTGAGEE in the sum of : 13 ~ ' good ar+d bweul mooey o( the Un~ted S~atei advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promi:so~y rwte ot even date Ixrev,rith, of wh~ch the ioflowin~ in worda and figures is a trw copy, to-wit: ; 13,OOQ.00 ~ 1~637 ~ P~?a, Fio~id,, February 14. ~y T4 For value received, 1, we a either of us, promise to pay, without defalcation, to the order of FIRST fE~ERAI SAVtIYGS AND LOAM ASSOCIATION OF FORT PIERCE at Fat Pierce, Florida, the sum f: 13 ~ w~th inrerett fran date at the rate of 9• 2+7ra per annum, in monthly inttall- 150.00 ~Oth March 74 ~nenta as follows: S on the d~y of , 19 and a liks sum on the cwrespondinq day of each month there- after until the whole be fully paid_ Each installment first shall be applied in payment of t1+e interest and ~hen o~ the unpaid balance of the princ~pal s~m. If default is mads in the payment of any installment when due, and iuch default tontinues 30 days, then a1 tlx~ option of fhe halder, and without any otiKr notite, all the remai~in9 ~nstallments shall be due and payab:s at once. Privilege is given to prepay this note In whole w in pari at sny time without penalty, Neither fwebearance, nor xceptance by the holder thereof after any default in any payments Ix~eon, shall be deemed eatens~on. A late payment charge of S ihsll be added to each installrr~nt remaining unpaid 7 days after ih due date, and a I~ke sum shall b~ added to each such insraHment remaining unpaid 7 days after each svcceedirg payment dare. ` Exh maker, surety and endwser hereof, jointly and saverally, waives demand, preunfinent protest and notice oE protest fw rwnpayment, and funF?er agrecs to any exte~sion of time of payment, either before o? after maturity, without not~ce to any of vs; and to pay all co~ts of coflection, inctud~ng a reasonabk atrorney's iee in the event oF any defau~f hereunder, and he~eby severa~ly waives all benefit of homestead and exemption under the constitut'an and laws of each State of the United States, as against this obtgatiot~ ot any extensio~ or renewal hereof. Witness the F~and and seal of each party. (SEAU ~3 s James W. Carter (s~?t) s Carol A. Carter ~ ~ ~ 19 . SO ) State Revenue t~+arnps csneenied -on ~ny~n+arnotsr - NOW, THEREFORE, tFx MORTGAGOR fo~ the purpose of sec~ring payment of said sum of S 13• and the performance of the covensnts and agreements~hereinafter expreued, and fp divers good and valuabfe considerations, by these presents, dces grant, bargain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, iri s~ccessors and auigns, atl 1Fat tertain 101, piece or parcel of tarul, situate, lying, and being in 1}~e Counry of $t. LUC1@ and State ot Ftorida, described as foNows: Lots 19, 20, and 21, in Block 50~ BIL~IOR~ PARK, as per plat thereof on file in Plat Book 4, page 52, of the public records of St. Lucie County, Florida - . ~~~r` ~ `~Q~'``~'~,r~,-Q;~,,. E. . ; t _ , ~y~, ~S ~ E Y _ , _ i _ .~x:y•-~.:. ~ ~ ~ _ _f _ ~ ..~r'~ sl. t~\ 1'~'. C S TAT E F , ~.c~~~E ~~s~-~~.~~. ~ DOCUMEN7ARY,~~LQ R ~ Q ~ ! °z o ;,y,SIA M P i t, ~ (tE- ~ pt~~ ZO G Qy~'~~t' ' ~EPT. pF~REYFNUE ; % - . sy ~al~~ ~ i ~ N _ ~P$ = FE8 ~ ~'~4 - = ! 9. 5 0 ~ e~~-, 4~~ c~ i p i{ I O2 H"'~,~s 4~ ~ .i, ~ ~ ; i tagether with all snd singulsr the tenements, hereditamrnts ~nd appurtances thereunfo belonging or in snywise sppertaining thereto, snd sll rentt, iuues, proceeds and profits accruing and to actrue from said premises, all of which are included in the above and foregoerg desuiption end habendwn. i TO HAVE AND TO HOW the sbove desuibed and yranted prem~ses u~to the said MORTGAGEE, its suctessors ~nd auigos fwever. Md the aid ' their ~ MORTGAGOR fw hcirs, executws, adminisaators snd assigns, lureby covensnn with tFx said MORTGAGEE, iti succeuors ~nd aui9m, ! rhat e 8re - lawfully seFzed'of the said premises in fee simple; that the same are free, c{ear and discharged from all liero and tnevm- brance~ in law os in eqvity, and thst they W~~~ s~ their heirs shall wsrrant and defend the title to the same to the said MORTGAGEE, in successors and assig~s, forever against the lawful claims snd demands of all persons; PROVIDED, ALWAYS that if _the MORTGAGOR shall psy unto tht MORTGAGEE the p~omiasory note hereinbeFore desuibed and shall truly, promptly and fully perform, discharge, e:ecure, tomplete, comply with and abide by each and every the stipulaYwns, agreements, conditions and covenanls of said promissay note and of this Mortgage, then this Mwtgsge and the Estate hereby crcsted shall cease and be null ~nd void. IT IS UNDERSTOOD tF~at the word "Mortgaga" whether in the singular or plura) snyvrhere in tFis Mwtgage, shall be singular if one only and i shall be plural joinlly ~nd uveralty if more than one, +nd that the wo?d "their" as used a~ywhere in this Mwtgsge shal) be taken to mean "his;' "hen;' or "its;' whlrever the context w implies w admits. Alw, that wherever there is a reference in the covensnb snd agreemenb Fxrein contsined to any of the psrties hereto, the same shall be construed to mean si wetl ss the heirs, legal representatires, svccesson snd sssigns (either vol~ntsry by stl of the panies a involuntsry by operatan of the law) of the same and that the covenants herein contained shall bind ~nd the benefits and adva~tages inure to the respettive heirs, legsl representatives, successon and sas°gns of the pa?ties hereto. And said Nbngsgors, for themselves and their heirs, legal representatives, successora ~nd auigns, hereby jointly and uverally covenant and syree y to and with fhe said MORTGAGFE, its successors and ~ssigns: 1. To pay stl end singulsr the principal and intaat ~nd the various and sundry sums of mo~ey psyable by virtue of said promiuory note, and this mortgage, each and every, promptly o~ the days rapectively the same severally become due. : 2. To psy sll and singular tl~e t~xa, sssessme~h, le~ies, liabifhies, obligatio~s snd encumbnnces of every natwe and kind now on sa;d dexribed ~ properry, w that hersafter may be imposed, suffered. Plxed, levied, or assessed thereon, ot that hereafler may be lev~ed w auessed upon tfiis Mortp- ~ aye, w tM indebtedneu ~ecured hereby, exh snd every, when due ~nd payable, xcordinp to law, before they become de(inquent, end befwe ~ny intaest attaches w any penalty is incurred; AND INSOfAR AS ANY THERfOF IS OF RECORD THf SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND TME ORIGIhAI OFFICIAL DOCUMENi (SLKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED p OR CERiIf1ED) SHAII BE PIACED IN TKE HANOS OF SAID MORTGAGEE WITHIN iEN OAYS NEX1 AFTER PAYMENi; and in tF~e event that any thereof is not , paid, saYsfied and discha~ged sa:d MORTGAGEE may at any time pay the same or any part thereof without wsiving or affecting any option, lien, equity a .iqht unda ~ by virtue of this mortgsge and the full amou~t of esch and every such payment shall be immediately due and p~ysble snd shat( bear intHest ~.om the d~te thercof uroit ~d a~ rau of nine r cemv arrd f f r,rh such interesi shall oe secu?ed by the lien of th:s mor9taye. ~ ~ ~T~~ Pac~~~ ~