HomeMy WebLinkAbout0096 THIS INOENTURE. Made ttie 1 5tf1 ,day of Fehru~iry AD. 19
7'~-, be~ween
_ Frank C. Lewis ~in~l :S~'tY J~ .L~wis, hi~ r.?fe" _
of • LuCle ~ounty Flor~da, hereinafre~ drs~g~~ated as the "MORTGAGOR,° and FIRSi FEOERAi SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporat~on organi:ed and ex~su:~g ~ndrr the laws of the Un:~ed S~a~os of Amer;ca and having its princ~pal ptace of
bus~ness in ~hs City of Fort P~arce, St. lucie County, flwida, here~nafte~ designated as ths "MORiGAGEE."
WHEREAS the MORTGAGOR is {ustty indebted to tAe MORTGAGfE irt the ~um of S21 ~ 2O~' good and lawiul money of the Un ted
States advanced by the MOR(GAGEE unto the MORTGAGOR, as ev~drnced by a certa~n promissory no~e oi eren date herewith, of wh~ch the foilowing in
wor~d ar~l ~~ur s is a t~ue copy, to-wit: '
s ~'`_C ~'~(1 No 1OU20fi4~
fort Pierce, Flaida, Febl u~~ry 15 19 74
Fw vafue recrived, 1, we or e+rher oi us, promise !o ~ja, wnhout defalcar~on, ~c the order of FIRST icDERAI SAVINGS ANO IOAN ASSOCIATIOY OF
~ORT PlfRCE at Fart C;erce, Florida, the sum of s_`~~! wlh :nterest from date at the rare of ; Ner ann~,~, in monthiy ~.~siall-
ments as (oL'ows: S_191 . nn on the ~~th day of 1974_ _ and a like surn on the co~respond:ng aay of aach mom,h •he~:-
af~er until the whote be fully pa~d.
Eath instal!rnent first sh3~1 be applied in pay~nent of ~he inrerest and rAe~ on the unpa~d balance of the pr~nc:pa! surt. 1f default it m.cde in t:,e
~~a~~nNn1 of any instal!ment when due, and suth default comin~es 30 days, then at the ophon of the holder, and witheut any crher nor,r, al~ the remain~ng
+~ura~lments shall bc d~e and payab:e at once. P~ivilege +s given fo p~epay this note i~ whote o? in part at any t~me without pcnalty. Naither forebe~rante,
nor acceptance by ~he hotder thrreof after any defauit in•any paymer,ts hereon, shall be deemed extens~on. A late payment chcrge of 59~-55--, snall be
added to each instailment remaining-unpa~d 7 days after its due date, and a t~ke wm sha;l be added to each wth instailment ~,~maini~.g unra~d ~ days afttr
each succeeding payment date. ~
Eath maker, surety and endorser he~eof, jointiy and arverally, waive~ den~and. p~esenrmeN protrst jnd no~ice of protest for .~~npayr~ent, and 1ortF~er _
agrees fo any extension of rime of pay+nent, ei:her before or after maturity, wiinout not,ce to any of ~s; and to pay at! costs of ~,,'ertion, inr! .cl.ng a
rrasonable attomey's fee in the event oF any defauh hereundz~, and hereby seve~aily wa~ves a~l ben~fit of homestead and exemptfon under ~t~e constitution
:~~~d laws of each S~ate of tne Un~red Srarzs, as agafnsr th~s obt~garian o~ any e~crer.s;on or renewal hereof.
Wiineu the hand and seal of each party.
s/F r a nk C. Letiv i s (SEAI)
(SEAI)
s/Bettv J. Lewis ~s~A~~
$ 3 1. 80 t State Revenue ~ (S~t)
i5*a~npre~wceileel~ sT er:giwel~~te)- .
NO''N, THEREFpRE, the h102TGAGOR fo? the ur 22 ~ 2~0.
p pose of securing payment o4 sa~d s~m of f , and the performarn.e of the
covenaros and agreements here~nafter expressed, and for divers good and va~uab!e considera?~ons, by these presents, dces groM, bargai~, selt, ramise,
refease, tonvey and cont;rm unto the MORTGAGEE, ~ts succeswrs and assigns, all that certain lot, piece w parcel of land, situate, lying, and being in the
Couny of St. LUC1P and State of fbr~da, desa~bed as follows:
:.ot 2, Block 8, FT. PiERCE 3EACH St1tiDIVI~IOti, ~ccordinn to the plat thereof en f ile
ir. Plat Book 8 at p<-~e~e 24, Pub12c Keeords of St. Lucie Co;.uity, Florida,
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j together with aIl and singular the tenements, hereditaments and appurtances thereunto belcnging or i~ anywise appertaining thereto, and all rents, issues,
s proceeds and profits accruing and to accrue from said premises, aIl of wh~ch are included in the above and foregoirg description and habendum.
: TO HAVE ANp TO NO~O the above described and graMed prem~ses unto the said MORTGAGEE, its successws and assigns forever, And tlx said
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: MORTGA for heirs, executors, administra~ors and assigns, hereby covenants with the said MORiGAGEE, its successws a~d assigru,
, rhat --~~Qy_are ~awfully se~ied of the sa~d premises in iee simple; that the same are free, clear and discharged from afl liens ar~d encum-
~ brances in law or i~ equ~ty, and that thPy~ w;ll and the:Y ~;~s shalt warrant and defend the title to the same to the said
MORTGAGEE, its successors and asstgns, forever against the lawful claims and demands of all persons;
PROVlDED, AIY/AYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate here~nbefwe described and shall truly, promptly
and fully perform, d;scharge. execute, complete, comply with and abide by each and every the stipu(ations, agreements, conditions and covenanta of sa+d
' prom~sswy note and of this Mortgage, then this Mo~tgage and the Fstate hereby created shall cease and be ~ull and void.
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~ li IS UNUERSTOOD that the word "Morfgaga" whether in the s~ogular or plural anywhere in this Mortgage, shall be singular if one only and
~ shall be pluraf joiMly and severally if more than one, and that the word "theii' as used anywhere in this Mortgage shall be taicen to mean '"his," "hers,"
or "its;' wherever the context so impiies or admits. Alw, that wherever the~e is a reference in the covenants a~d agreements herein contained 1o any of
~ the parties hereto, the same shail be construed to mean as welt as the heirs, legal representatires, successors and assigns (either voluntary by att ot the
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parties or involuntary by operation of the law) of the same and that the covenants herein contained shal! b+nd and the benetits and advantages inure
fo the respective heirs, tega! ~epresen~ar;ves, successors and ass~gns of the parties hereto.
And said Mortgagors, for themse~ves and their heirs, legal representatives, successws and assigns, hereby jointly and severally tovenant and agree
ro and with the said.MORTGAGEE, its succeisws and assigns:
1. To Fay all and singvlar the prirxipal and interest and tMe var~ous and sundry sums of maney payable by virtue oi sa;d promiswry note, and this
? mortgage, each and every, promptly on the days respectively the same severally become due.
2. To pay sll and singular the taxes, assessments, levies, Iiabil~ties, obligations and encumb~ances of every ~ature and kind now on said dexribed
- property, or that hereafter may be imposed, sufftred, placed, levied, or assessed thereon, or that heresfler may be ~evied w asseued upon this Morlg-
= age, or the indebredness secured hereby, each and every, wF~en due and payabfe, accwding to law, before they become delinquent, and before any iMere~t
i a~teches w a~y penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD TME SAME SHAII BE PROMPTLY SAFISFIED A~1D UISCHARGEQ OF
REC6RD AND THE ORIGfIvAL OFFICIAL DOCUMENT ~SUCH AS, fOR tNSTAnl~f. THE TAX RECElPI flR iHE SATISFACTION PAPER OfFIC1AllY ENDORSED
OR CERi1FIED) SHAII BE PLACED IN THE HAN~$ OF SAID MORTG.OGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not
3 paid, sat'sfied and discharged sa d MORTGAGEE may at any t+me pay the same or any part thereof without waiving or affecring any option, lien, equity or
~~qht under or by virtue of this mortqaqe and tne futl amount of each and every such payme~t shalf be immed~atefy due and payable and shall bear intere»
~•om the date the.eof um~l pa:d at rare of n~ne per cen~~m per jnnum and tage~her w~th wch interest shall be sec~red ~ of th:s morgt
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