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HomeMy WebLinkAbout0625 h i'~ 328 ~ TH1S IIJDENTURE, Nbde the 2~~th day ot February aD, IQ~~Q be~ween Turamy C. D<,vi. and Y~~trilta C. U~7vis, his ~vife af St . ~.UC1Q ~~~~y Flw~da, hc~e~naf~er deaignitrd a~ the "MORTGAGOR." and fiRST FEDfRAL SAVtt~GS AND lOAN ASSOGATfON Of FORi PIERCf. a corpo+at~on organized and rx~s~i+.g undrr tMe t~ws of th~ United S~atos of Ameriu ~nd haviny its principal place of bus~neu in ths City of Fwt Pi~rce, SI. luue County, Flaida, hereinaiter deslgnated es ths "MORTGAGEE:' WHEREAS Ihe MORTGAGOR ia ju~Uy indabted to the MORTGAGEE in the sum of s__~6.31 n~• , good and fawiul money of the Un ted Srates advanced by the MORiGAGEf ~nto the MORTGAGOR, as evitknccd by ~ cenain piomissoty note of even date herewith, of wh~ch the followl~~=g in xo~ds and figuro~ is a trua copy, to-wit: s?6 ,100. 00 No 1 U02Uo~36 For? Pieres, Flwida, FE't~rT11lYy 2~ 19 '~4 Fo? value received, I, we or either of us, prom~u to pay, without defatca~ion, to the order ot FIRST FfOfRAI SAVIt~GS AND IOAN ASSOCIATION Of i ORT PIERCE at fort Piertt, Florida, the sum of s 26 ~ 1 n0. On w,th i~terest (rom date at fhe ~ate of ?5°o per annum, in monthly install- ~~~r~ds as foi:ows: j_21 S.~~ on the 2Uth day of APr i 1 ~9.?4 _ and a like sum on the correspond~ng day of each monih there- arrer until the whole ~e fully paid. Each install~nent firs! shall be appfird in paymem oi the interest and tnrn o~ the unpaid balance of rhe prinupaf sum. If defaut~ ii made in the ; ay~meM of any installment when due, and such deiauh continues 30 days, then at the option of the holder, and witho~t any other net~ce, all the remain~ng ~urallments shall 6e due and payable at o~ce. Privilege is given to prepay this note in whole o~ in part af any time without penalty. Neithe~ forebearance, ~~or acceptance by the ho!der thereof aiter any default in a~y payments hereon, shall be deemed extension. A late payment charge of =_Z ~•?a, shall be ~dded to each instailmenf remaining unpaid 7 days after its due date, and a fike sum shaU be added to ea~ such installmenf remain~ng unpaid 7 days a(ter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and r.otice of pro~est (or nonpayment, and further agrees to any extension of time of payment, either before or aftrr maturity, w~tho~t notice fo any oi us; and to pay all costs of co;lenivn, includ ~q a r..~sonabte attorney's fee in fhe event o1 any defau~t hereunder, a~d hereby srverelly waives all benefit of homestead and exemption under the co~stitu~ion +:~d laws of each State of the United States, as aga~nst ~his ob!+gation or any extension or renewal hereof. Witness the hand and seal of each party. s!T omny C. Ja v i s (SEAt) _ (SEAI) s/Patrilta C. Davis (SEAI) $ 39.1 S ~ State Revenue (SEAI) isrenrp~ cancelteefron~or+gtns* ewre) NO.Y, THfREfORE, the MORiGAGOR for the purpose of securing payment of said sum of S 26 ~ 1 OO. ~O and the performance of the :ovenants and agreements hereinafter expressed, and fo? divers gocd and va~uab'e cons~derations, by these prese~ts, dces grant, bargain, self, rem~se, •<•!ease, convey and confirm unto the MORTGAGfE, its successors and auigns, ail that certain lot, piece a parcel of land, situate, ~ying, and being in the Counry of St. Li1C2@ and State of Fbr;da, desui6ed es fol~ows: ~~~t 16, Block 165, LAKfi`~WD .PARK SLSDIVISIO!V (NIT ~10. 12. , as per plat thereof :~n f ile in Plat Book 11 , Pages 26A and 266, of the Pub: ic Records of St . Luc ie "'~snty, Florida, ` , . . ~1--` ~ ~ ~ ~ ~ ~ ~ ATE ~ s ~M~ i;"... 1 ~ t- ' 04 UMREN~ uR~`~'~;' `"s: - ~~J 1 ; ~ ~:r 3 9. U ~ +1;.~. " ~ - =r ~ " = ffJ~~' '~~•;ti°~ F C ' V - ~0~~ ~ . `1' " ;1ln2 i~+ ~ i ~ . ~ IN PAYMENT OF Z~~ P.ECEIVFA IN7AN61dlE PERSOtrlll PF.OPER~Y~ ; ; p, r~: CIJ?SS ~C 71-134. IYCTS Of 19/1. /Yjt ~ ` ; P"r,5 i1~YT TO POIINAS CIERK CIRCUIT COURT, S~. ~~E ~ ; s . ~ . together with all and singular the tenements, hereditamenti and appurtances thereunto belonging a in a~ywise appertaining thereto, a~d all rents, issues, ; proceeds and profits accruing and to accrue from aaid premises, alt of which are included in the above and foregoing deuription and habendum. ~ TO HAVE ANO i0 HOLO the above described and qranted prem~ses unto t!x said MORTGAGEE, its successors and assigns forever. And the said - their ' titORTGAGOR for he;rs, executors, administrators and ass+gns, hereby covenants with the said MORTGAGEE, its successors and ~ssiyna, - they_ are 4 r rhat - lawfutly se~zed of the said premises in fee simple; thal the same are iree, dear and dixharged from all liens and entum- ~ = trances in law or in equ~ty, and that r~eY w~ll and their heirs shall warraro and defend the title to tbe same to the said ; Y~ORTGAGEE, its successors and assigns, fo~ever against the lawful claims and demands of sli perions; a - PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto 1he MORTGAGfE rhe promissory note he~einbefwe described and shsll truly, promptly i and fully perlorm, discFwrge, execvte, complete, comply with and abide by each and every the stiputations, agreements, condrtions and covenants of said ' promisso?y note and of this Mortgage, then this Mortgage and the Estate hereby creatcd shall cesse and be nuH and void. ` IT IS UNDERSTppD thst the word "Mortgagoi' whether in the s~ngular or pturat anywhere in this Mwtgsge, shall be singular if one only and ~ shall be pfural joimly and severally if more than one, and that the word "their" as used anywhere in th~s N1ort9age shatl be taken to mean "his; "'hers;' or "its;' whereve~ the contexf so implies or admits. Also, that wherever there ii s?eference in the covenants and agreements herein contained to any of rhe pa.ties hereto, the same shatt be co~strued to mesn as well as fhe he~rs, legal represen?ativrs, successors and a~sigrn (either volu~tary by act of the parties or involuntary by operation oi the law) of the aame and that tne covenants herein coMsined s1w11 bind and the bene~ita and advantages i~ure z to 1F~e respective he~ts, legal representative~, succeuors and ass~gns of the parties hereto. _ And said Nlortgagors, for themulves and their heirs, legat represenratives, euccesson and assigns, hereby jointly and severally covenant and agree +o and with the sa~d MORTGAGEE, its successws ar+d ass~gns: 1. To pay all and tingular thc principal and interest and the various and sundry sums of money payable by virtue of said promiswry note, and this mortgage, each and every, promptly on the dsys respect~vety the same uverally become dve. 2. To pay sll and singutar the ta:es, assessments, levies, liabilities, obligations and encumbiances of every nature and kind now on said described p~operty, or thst hereafter may be imposed, suffe?cd, plated, levied, or assessed thereo~, a that hereafter may be levied or asussed upon this Ahortg- age, w the indebtedness secured hereby, each and every, when due and payable, xcading to taw, before they become deti:~quent, and before any inte~e» attaches w any penalty is incurred; AND lNSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII BE PROMPTIY SATISftEO AYO DISCHARGEO OF RECORD ANO THE ORIGtfvAL OFfICIAI OOCUMENT lSUCH AS, FOR INSTAtVCE, TNE 1AX RiCE1PT OR Ttif SATISFACTION PAPER OFfIC1AlLY ENDORSED ' OR CERTIFIED) SHAII BE PLACEO IN TNE HANOS OF SAiD MORiGAGfE WfTHIN TEN DAYS NFXT AF7ER PAYMENT; and in the event that a~y thereof is not ; pa;d, aat sfied and discharged sa d MORTGAGEE may at any t~me pay the same o~ any part thereof without waiving or affecting any option, lien, equity or - .iqht under or by virtue of this ~orrgage and the full an,o~~nt of each and every such payment shall be immediately d~e snd payable and shall btar intereft ; ~•om the date rhercof until pa~d at rate of n;~ p~r cen?um per annum a~d together wnh such iroerest.shal jecured by t ~ei e of th:s morgtaye. ~ r r i~~~} fAGE U~~ _ ~ _ . _ . . , - _ ,