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HomeMy WebLinkAbout1033 ~ 2'~5~;05 ~ THlS INDENTURE. Made tAe 1~h day of Febr ua r y A.D. 19 7~ - betwcen _ Robert C Cook and Chris~ine M, Cook his wife of _ St l.tlC1L' ,~~nty Flor~d~, here~nal~er des~ynaeed as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIfRCE, a corpcuat~on wyanized and ex~st~ng u~der ~he laws of the Un~ted StatQS of Ameriu and haviny its principal place of bui~nati io the City of fwt Pietce, Sf. lucie ~ounty, Florida, hereinaFrer des~g~ated as ths °MORiGAGEE." WHEREAS the MORTGIlGOR i~ ju~tly indebted to the MORTGAGEE in the sum of ; 22~ S~O. ~n gcod a~d I~wful money of the Un;ted Srares advanced by ~he MORTGAGEE unto ~he MORTGAGOR, as evida~~ced by a certa~n prom~:sory note of even date herew~th, of wh~ch the ioltow~ng in ..ards ~nd figures is a true copy, to-wit: i s 22 , 500. 00 ~ 100'10633 con P~e.~s. Fio.~da. FQbruary , l2 19_ 74 ~ ' for value received, 1, we w either of us, promise to pay, without defalcat~on, to the order of FIRST fEDERAI SAYINGS At~ IdAN ASS(?CIAI!UN OF FORT p1ERCE at Fwt Pierce, Florida, the sum of j~? + 5n~• ~0 _ v,,;th ;nterest from date at the rate of 8•?~o per annu,n, in mcnthly i^sfall- ~nr:,rs as fo~lows: S- ~ 99-' _ on the ' nt h daY or _ Apr i 1 19_:~ 4 and a like sum on th~ cor~espondir~ d~y of e;a~h mo~!h thera ~ ai~er uneil the whole be fuily pa~d. Each insraltment first shaN be applicd in paymeot of the ~Neres~ aM! rhen on ~he unpa;d balance of the prinupal sum_ If de~ault K made in the , a;ment of any installment when due, and such default continues 30 days, then at the optio~ of the holder, and without any other nouce, a~l the remain~ng .nsrellments shall be due ac~ payable at once. Privi{ege is given to prepay this note in whole or in part af any f~me without penalty. Neither (ocebearance, nor acceptance by the hoider thereoi aher any default in any payments hereon, shall be deemed ewtens~on. A late peyment chargg of S_9 • 95_ shall be addrd to each installrr~¢nt rcmaining unpaid 7 days after its due date, and a iike sum shall be addrd to each such instaVlment remaining unpa~d 7 days a(ter ~ach succeeding payment date. Each maker, surety and endo+ser hereof, joinNy and severally, waives dem~and, presentment protest and rtotice of protest for nonpayment, and further agrees to any extens~on of nme ot payment, eithrr brfore w after maturity, wirhout not~ce to any of us; and to pay all costs of colle<tion, includ:ng s rc-~scnable atrcrney s fee in the evem of any defauit hereunder, and hereby severa!ly waives all benetit of homesread end exemption under the constitution ~.•d laws of each Srare of the United States, as aga~nst th;s obLgation w any extens~on oa renewal her f. W;tness the hand a~ seal of each party. ~ : , ~ (SfAL) ~ 5 RO r t C. COOIC ~(SEAt) ' SEAI) 7S s Christine M. Cook t~~~~ i- $33' ) Srate Revenve ' f~r~rrp~ ZaneeMed-on~sginsr n~a~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said svm of t 2`~ ~ S~~• and the perfwmance of the cevenants and agreementa hereinafter expressed, and for divers good arrd va7uable conside~afions, by these presents, dcea grant, bargain, seit, rem;se, re;ease, convey and confirm unta the MORiGAGEE, its iucceasors and assigns, all that certain 101, piece q parcel of lartd, situate, Iying, and bei:g in ~he ~ ca~~ of St . Luc i e tY and State of Fiwida, desuibed ~s follows: ~ot 9, Biock 178, 90UTH PORT ST. LUCIE UNIT #11, according to the plat thereof ~n file in plat book 15 at page 15, Public Records of St. Lucie County, ~lorida- , v n ~fJVED . / A M~1RE1fr ~ S~',c~ j~ F' L Ci l~J r~~ P~~a~ v nrr~s r~so~rK vRa~,rrY. OG:.UMfhTARY~-~.. ; SThM P i/; 1 ~ n•~M. ALT:t ~ I9i~~~ =c ~ ~~a! '.,c`NEYEYUf. ::~3E~¢., - ~ ~ ~ ~OtrRAS ~ `c' c\+ - 28 ~ FF~ iT'ld l' = 3 3. 15 ~ kara aouRr, sr. ?uc~ co_ ~.4.~ o=~ ~ ~ ~ `~.y-..-,'~'~_~-- ~ together with all a~d singular the tenements, hcreditaments and appurtances thereunto belonging q in anywise appertaining thereto, and all rents, issues, proceeds and profits accruing and to accrue from ssid prertiises, atl of which are irxluded in the sbove and foregoing desuiption and habendum. TO HAVE AND TO HO~D the above descr;bed and granted premises unto tF+e said MORTGAGEE, its wccessors and assigru forever. And the said their MORTGAGOR fa heirs, executws, administrators and ass~gns, hereby covena~ts with the said MORTGAGEf, its successors and suigns, rhat the are lawfully u~zed of the said premises in ire simple; that the same are free, clear and d"+scharged from all lians and encurtr brances in law or in equ~ty, and that theY w;ll and the ir he;as shsll warrant and defend the title to the ssme to the said MORTGAGEE, itt successors and assigns, fwever against tF~e lawful claims and demands of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefore destribed and shall truly, promptly and fully perform, d~xharge, eaecute, complete, comply with and abide by each and every the stipularioru, agreements, tonditions and covenants of said pram~ssory note and of this Mortgage, then this Ma~gage and the Es~ate hereby created shall ce+se a~d be null and void. IT IS UNDERSTOOD that tl~e wad "Mortgagor" whcther in the singular or plural anywhere in this Mwtgsge, shall be singular if one only and ? shall be plural jointly and severally if more than one, and that the word "the~r" as used anywhere in this Mortgage shall be taken to mean "h;i ""hers " - or "its," wherever fhe context so implits w admits. Atso, that wherever there is a reference in tF~e covenanis and agreements herein tontained to any of rhe parties hereto, the same shall be construed to mean as weil as the he~rs, legal representatives, successas and assigns (either voluNary by act of 1he parties w involuntary by operation of the law) of the same and ~hat the covensnts herein cont~ined shall bind and the benefits +nd advantages inure to the respetlive heirs, legal reprexntatives, successors and au~gns of the partief hereto. And said Mwtgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree ro and with the said MORTGAGEE, its successas and ~ssigns: 1. 7o pay aH and singulsr thc principa! and i~terest a~d the various and sundry sums of money payable by virtue of said promissory note, and thif mortgsge, each and every, promptly on the days respectively tFx same severalty become due. 2. To pay sll and singvlar the taaes, assessments, levies, Iiabilities, oW~gations and encumbrances of every naru~e and kind now on •aid deuribed property, w th~t hereaiter may be imposed, sufiered, ptaced, levied, or assessed ?he~eon, a that he~eafler msy ba levied w usessed upon thit Mortg- a9e, w the indebtedneu sccvred hereby, exh snd every, wfie~ due and payable, accwding to Iaw, befwe they become delinquent, and befare ~ny interes~ ar~aches or any penalry is incurred; AND lNSOFAR AS ANY THEREOF IS Of RfCORD THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHARGED OF RECQRD AND THE ORIG1tyA1 OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIf1ED) SNAII 9E PLACED IN TNE HANUS OF SAID MORTGAGEE WITHIN TEN DAYS NcXT AFiER PAYMENT; and in the event thaf any thereof is not paid, sat"sfied snd dixha~ged sa d MORiGAGfE may at any nme pay rhe same w any pa~! ~hereof withour waiving or affecting any option, lien, equity or •~~ht under or by virtue of this mortgage and the full amount of eacti and every s~th payment shall be immediately due and payable and fhall bear interest ~.om the date thereof until paid at rate o~ mne per cen?um per annum aad together w~th such imereft shall be`~tu e tien ~r~~ t F,1~:E~~f+J~